Tips on stock picks and trading strategies for September 22 2016

The day traders may go long in Nifty, the benchmark index if it trades above 8790 for a target of 8830. On the flip side they may short the Nifty if it trades below 8785 to cover at 8765.

The short term traders may add long positions in Nifty in case of weakness with stop loss at 8700 for a target of 8856.

The mid term investors may consider buying Zee Entertainment at 518.55 in small quantity. They may also remember that this is a sell on rise kind of market mode and so they may consider offering their holdings at the rates specified in key stocks in our previous post.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips on stock picks and trading strategies for September 21 2016

The benchmark index in particular and the market in general has become volatile and is clearly a sell at rise recently.

The day traders may go long if the benchmark index, Nifty, trades above 8785 for a target of 8810. On the flip side if it trades below 8780, they may short the Nifty to cover at 8767.

The short term traders may buy on weakness with stop loss at 8700. They may sell their long positions around 8860 levels.

The mid term investors may consider selling 25% of their holdings in each of Ambuja Cements at 277.25, Hindalco at 154.85, Indusind at 1224.15, ITC at 263.15, Kotak Mahindra Bank at 811.65 and Zee Entertainment at 538.45.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips on stock picks and trading strategies for September 20 2016

The day traders may go long in the benchmark index, Nifty, if it trades above 8810 for a target of 8860. However they may short Nifty if it trades below 8802 to cover at 8778.

The short term traders may continue to add long positions in Nifty if it weakens and raise their stop loss to 8700.

The mid term investors may consider investing in Birla Sun Life Top 100 (G) fund.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips on stock picks and trading strategies for September 19 2016

That the support of 8712 held is maybe a welcome news for the bulls but last trading session being a Friday and the market came crashing down is to be understood as a negative sign for bulls as all the gains were wiped out. It basically implies that the investors and traders alike- none have a faith in the trend in short term and mid term.

The day traders may go long in the benchmark index nifty if it trades above 8810 for a target of 8834 or 8874. On the flip side they may short the Nifty if it trades below 8785 to cover at 8745.

The short term traders may continue to add long positions in Nifty if it becomes weak but with strict stop loss at 8547.

The mid term investors may consider staying on the side lines as no clear picture is emerging.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips on stock picks and trading strategies for September 16 2016

The immediate support that the benchmark index should hold on closing basis, in order to avoid further carnage, is at 8712. Below 8712, the Nifty will plunge to 8547.

The day traders may go long if the Nifty trades above 8735 for a target of 8778. On the dlip side, they may short the Nifty below 8725 to cover at 8713.

The short term traders may capitalize on weakness by adding long positions in Nifty with strict stop loss at 8547.

The mid term investors may consider adding Hindalco at 142.4 in small quantity.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips on stock picks and trading strategies for September 15 2016

That the Nifty did not break the support of 8705 on closing basis is the only ray of hope, otherwise it may best be construed that the fall has paused for a while i.e. unless and until there is a bounce back in the upcoming session or the next, which must take the benchmark index to above the resistance of 8865.

The day traders may go long in Nifty if it trades above 8720 for a target of 8768. They may short the nifty if it trades below 8715 to cover at 8795,

The mid term investors may add long positions if the Nifty weakens with strict stop loss at 8547.

The mid term investors may consider buying Birla SL Frontline Equity (growth) in equal tranches at these levels and every time the Nifty goes down by a hundred or more points.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips on stock picks and trading strategies for September 14 2016

The Nifty broke the key supports and has turned weak. The next support is at 8705 and then 8547. If 8547 too gets broken then any hope for the comeback of bulls will be dashed.

The day traders may go long if the Nifty trades above 8720 for a target of 8740. They may short the Nifty if it trades below 8705 to cover at 8675.

The short term traders may consider going long if the support of 8547 holds in the next few trading sessions i.e. they may go long if Nifty weakens down by another 150 points with stop loss at 8547.

The mid term investors may stay in the side lines for today and just watch.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.