Tips on stock picks and trading strategies for the week August 24 2015 to August 28 2015.

Our mid term support of 8213 held as the benchmark index bounced back from 8225. However, the bounce back was only a short covering and the support of 8213 is to be kept in mind. However if the support of 8213 is breached then we are headed towards the rock support of 7882. Moreover, the settlement of F&O series is due on 27 August 2015 and therefore short term traders may be careful or abstain from trading.

The intraday traders may go long in Nifty only if it trades above the 8285 mark to book profit at 8335. They may short the Nifty if it trades below 8250 to book profit at 8213.

Short term traders may abstain today. If an opportunity arises we will advise in a subsequent post.

Mid term investors may seek opportunity in stocks like HDFC Bank and LIC housing Finance and add more of them to their portfolio in every melt down; HDFC Bank @ 1042.8 and LICHSGFIN @438.35 & 429.95 in small quantities.

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 for traders and investors in the Indian Stock Markets on June 18 2014.

Those following our advice might have noticed how effective our calculated supports, resistances and stop losses are in deciding the immediate course of action. (Click here to see the previous post)

Today’s trades will decide the direction of immediate trend with 7620 being the key point as this resistance was conquered only in the closing hour of trade yesterday. If Nifty manages to trade above this point conclusively today, then one may safely assume that the bulls are back.

Intra-day traders may go long if the Nifty trades above 7620 mark conclusively in the initial hour of trade with stop loss at 7590 and book profits successively at 7672 and 7698. However, if the benchmark index trades below 7575 then they may short the Nifty with stop loss at 7595 to cover shorts at around 7558 and 7544.

It is understood that the short term traders must have opened fresh long positions in Nifty as per our guidance in the previous session. They may ride the longs with stop loss at 7575.

Mid-term investors may wait and watch today and stay tuned to this blog for if we find any stock worth buying we will publish in a subsequent post today.

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

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 for traders and investors in the Indian Stock Markets on June 5 2014.

A little leg up seems possible in the immediate term with the bullish structure being intact.

Short-term traders may go long if the Nifty trades above 7417 with stop loss at 7390 and book successive profits at 7430 and 7450. However, if the benchmark index trades below 7390 then they may go short with stop loss at 7410 to book profits at 7384 and 7367.

Short-term traders may continue to ride longs and add further positions with stop loss at 7290.

Mid-term investors may consider adding Bank of Baroda at 860.75 and Coal India at 377.85.

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

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 for traders and investors in the Indian Stock Markets on June 3 2014.

The Nifty behaved quite in expected lines as we had predicted in our previous post and once it had conquered the resistance of 7275, there was no looking back. However, it may not be construed that the bulls are back and we are out of the woods till the next resistance, which is at 7393, gets conquered.

With that in mind, the intra-day as well as short-term traders may continue to ride their longs with stop loss at 7274 and get out around the 7393 levels. However, if the 7393 level is conquered conclusively, then they may add fresh longs. But if the Nifty breaches the support of 7274, then they may open shorts.

Mid-term investors may consider adding HCL Tech at 1332.05.

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

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 for traders and investors in the Indian Stock Markets on May 28 2014.

In spite of the settlement pressure on the benchmark index, the Nifty is not giving up and the bulls are certainly in no mood to back step.

The traders are once more reminded that they may trade in the June series.

The intra-day traders may go long if the nifty trades above the 7335 mark conclusively with stop loss at 7321 to book profit at 7355 and 7380. However, if the nifty trades below the 7301 mark then they may open shorts with stop loss at 7321 to book profits at 7268. Short-term traders may go long if it weakens down to around 7275 with strict stop loss at 7268. They may open short positions if the support of 7268 is breached.

Mid-term investors may bid for Bank of Baroda at 905.55.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

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.