Tips for traders and investors in the Indian Stock Markets on June 10 2014.

A bit of consolidation with optimistic bias seems to be in order in the near term.

Short-term traders may go long if the Nifty trades above 7658 conclusively in the initial hour of trade with stop loss at 7636 and book profits at around 7692 and 7720. However, if the benchmark index trades below 7636 then they may play on the short-side with stop loss at 7646 to book profits at around 7605.

Short-term traders may continue to ride longs and may consider adding further positions in case of weakness with stop loss at 7560. They may also consider buying lots of 7800 Puts of Nifty of June series by placing bid at 105.75.

Mid-term investors may consider selling the non-performers in their portfolio.

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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 9 2014.

The market continues looks very much in a bullish mode with no signs of cracking up visible. A bit more of optimism cannot be ruled out with possible scaling of new all time highs in near term.

Short-term traders may go long if the Nifty trades above 7455 in the initial hour of trade today with stop loss at 7542 and book profits at 7588 and 7610. However, if the benchmark index trades below 7550 then they may go short with stop loss at 7560 to book profits at 7533.

Short-term traders may continue to ride longs and may consider adding further positions in case of weakness with stop loss at 7449.

Mid-term investors may consider adding ONGC at 454.05 and 438.85 and Tata Steel at 553.40.

(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 6 2014.

The market continues to be strong headed towards new highs in near term.

Short-term traders may go long if the Nifty trades above 7442 in the initial hour of trade today with stop loss at 7430 and book profits at 7498. However, if the benchmark index trades below 7425 then they may go short with stop loss at 7440 to book profits at 7395.

Short-term traders may continue to ride longs and add further positions with stop loss at 7410.

Mid-term investors may consider adding Bank of Baroda at 862.55 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 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 4 2014.

The resistance of 7393 did get conquered signifying that bulls are back.

Short-term traders may go long if the Nifty trades above 7400 with stop loss at 7390 and book successive profits at 7440 and 7470. However, if the benchmark index trades below 7485 then they may go short with stop loss at 7400 to book profits at 7365 and 7300.

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 858.30, Coal India at 377.45.

(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.)

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Tips for traders and investors in the Indian Stock Markets on June 2 2014.

The breakout albeit into the negative territory, as we had predicted in our earlier post, turned out to be true. Any hopes for return of bulls will be dashed if the Nifty does not conquer the resistance of 7275, in which case we are headed towards 6969 in the intermediate term.

With that in mind, the intra-day traders may go short if the Nifty trades below the 7234 mark with stop loss at 7256 to book profits at 7182. However if it trades above the 7250 mark conclusively, then they may go long with stop loss at 7238 to book profit at 7275.

Short-term traders may short the market if Nifty does not conquer the resistance of 7275 conclusively.

Mid-term investors may just wait and watch.

(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.