Trading tips and stock picks for November 11 2016

The day traders may go long only if the spot Nifty trades above 8545 for a target of 8565. They may short the Nifty if it trades below 8520 to cover at 8495.
The short term traders may go long in Nifty if it weakens with stop loss at 8420.
The mid term investors may consider adding  Hindalco at 163.05.
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.

Trading tips and stock picks for November 10 2016

If the spot Nifty trades above 8420 then the Nifty will test the resistance of 8456 and 8499. on the flip side if the spot Nifty trades below 8400 it will gravitate towards 8324.

The day traders may trade accordingly.

The short term traders may consider buying Nifty 8600 Call and 8300 put.

The mid term investors may consider buying Kotak M Bank at 801.55 and ITC at 244.85.

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.

Trading tips and stock picks for November 9 2016

The day traders may go long in Nifty futures if the spot Nifty trades above 8535 to book profit when the spot Nifty is at 8570. They may short Nifty futures if the spot Nifty trades below 8510 to cover their shorts when the spot Nifty trades at 8465.

The short term traders as well as mid term investors may consider staying on sidelines in the session. They may look sharp for this blog as we will advice during the session if an opportunity arises.

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.

Trading tips and stock picks for November 8 2016

The immediate resistance for Nifty is at 8572 and ten at 8608 and 8651. On the flip side the support is at 8452 which if breached will see the index slide towards 8324.

The day traders may go long in Nifty futures if the spot Nifty trades above 8505 to book profit when the spot Nifty trades at 8539. They may however short the futures if the spot Nifty trades below 8595 to cover them when spot Nifty is at 8460.

The short term traders may consider going long in ITC with stop loss at 253.50 for a target of  266.85.

The mid term investors may consider adding LIC Housing Finance to their portfolio at 537.40 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.

Trading tips and stock picks for November 4 2016

The day traders may go long in Nifty futures if the spot Nifty trades above 8500 to book profit when it reaches 8521. They may short the Nifty futures if the spot Nifty trades below 8479 and book profit when the spot Nifty reaches 8478.

The short term traders may continue playing on  short side lowering their stop loss to spot Nifty's 8601.

The mid term investors may consider adding LIC HSG Fin at 544.65 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.

Trading tips and stock picks for November 3 2016

The day traders may go long in Nifty futures if the spot Nifty trades above 8532 to book profit when the spot Nifty trades at 8560. They may however short the Nifty futures if the spot Nifty trades below 8510 to cover when spot Nifty trades at 8480.

The short term traders may play it on the short side with stop loss at spot Nifty's 8615 for a target of spot Nifty's 8325.

The mid term investors may consider buying Birla SL Frontline equity (G) and SBI Blue chip fund (G) on every drop in Nifty.

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.

Trading tips and stock picks for November 2 2016

Our view of the market remains just like it was in our previous post i.e. the markets in general and the benchmark index Nifty in particular is expected to be weak in the upcoming session with immediate support for the Nifty at 8599. The resistance is at 8665. If the support of 8599 gets broken then the index will gravitate towards 8545 and 8324. On the other hand, if the resistance of 8656 is conquered then the next resistances are at 8745 and 8792.

The day traders may consider going long in Nifty futures if the spot Nifty trades above 8640 to book profit when spot Nifty trades at 8667. They may however consider going short in Nifty futures if the spot Nifty trades below 8635 to cover when the spot Nifty is at 8603.

The short term traders and mid term investors may continue to wait and watch in the sidelines as no clear picture is emerging as yet.

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.