24 December 2014

Tips for traders and investors in the Indian Stock Markets for December 26 2014.

Much as we had expected, the settlement blues did set in dragging the benchmark index down in an otherwise bull market. The silver lining is in the fact that the support of 8115 remained un-breached. However, the traders and investors must look out for the support of 8115, which if breached will see the Nifty gravitate towards the 7955 mark.
The intra-day traders may go long if the Nifty trades above 8205 to book profit around 8284. They may play it on the short side if the nifty trades below 8165 to book profit at around 8124/ 8115.
The short-term traders may consider adding long positions in the January series with strict stop loss at 8115.
The mid-term investors may consider buying Axis Bank at 480.15 and HDFC Bank at 938.15.




DisclaimerThe 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.

23 December 2014

Tips for traders and investors in the Indian Stock Markets for December 24 2014.

The readers of this blog might have noticed how exact we had been in predicting the market and much in the predicted lines in our previous post, the Nifty being unable to conquer the resistance of 8372, turned totally deceptive and gave up all the gains in the wake of impending settlement of December F&O series on December 24 2014. But the structure of Nifty shall remain bullish for as long as it trades above 8115. As for the ensuing session, the Nifty must trade above 8268 for it to pull back, the upper bound being at 8322.
The intra-day traders may go long if the Nifty trades above 8268 to book profit around 8295. They may play it on the short side if the nifty trades below 8268 to book profit at 8224 and/or 8191.
The short-term traders may consider adding long positions in the January series with strict stop loss at 8115.
The mid-term investors may consider buying Axis Bank at 480.15, HDFC Bank at 938.15 and ITC at 370.15.
  

DisclaimerThe 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.

22 December 2014

Tips for traders and investors in the Indian Stock Markets for December 23 2014.

The bulls seem to have returned with a firm resolution to stay but we still advocate caution in trading, with the impending settlement on December 24 2014 and a truncated week on account of holiday on December 25 2014, markets may turn deceptive. However, if the benchmark index conquers the next resistance of 8372 in the ensuing session with good volumes and on a conclusive basis, then one may expect fresh longs in the market which will propel the Nifty to new all time highs. But the Nifty shall remain bullish for as long as it trades above 8102.
The intra-day traders may go long if the Nifty trades above 8305 to book profit around 8372. They may play it on the short side if the nifty trades below 8285 to book profit at 8260.
The short-term traders may consider going long in case of dips and unwind the longs at 8372.
The mid-term investors may consider buying Axis Bank at 472.05 and Bank of Baroda at 1018.25.




DisclaimerThe 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 for December 22 2014.

The bulls came back in the previous sessions yet one may be cautious in trading in the wake of the impending settlement on December 24 2014 and a truncated week on account of holiday on December 25 2014. That being said, the Nifty will remain bullish for as long as it trades above 8075.
The intra-day traders may go long if the Nifty trades above 8245 with stop loss at 8232 to book profit around 8283. They may play it on the short side if the nifty trades below 8225 with stop loss at 8232 to book profit at 8205.
The short-term traders may consider going long in case of dips with stop loss at 8150.
The mid-term investors may consider buying Axis Bank at 470.55 and Bank of Baroda at 1018.25.




DisclaimerThe 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.

18 December 2014

Tips for traders and investors in the Indian Stock Markets for December 19 2014.

The support of 7955 did hold after all and the benchmark index was back with a bang.
The intra-day traders may go long if the Nifty trades above 8165 to book profit around 8210. They may play it on the short side if the nifty trades below 8140 to book profit at 8120.
The short-term traders may consider going long in case of dips.
The mid-term investors may consider buying Axis Bank at 467.90 in small quantities.




DisclaimerThe 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.

17 December 2014

Tips for traders and investors in the Indian Stock Markets for December 18 2014.

The support of 7955 held in the previous session and the Nifty bounced back from the lows of 7961.35. However, the bounce back may not be taken as an end to weakness.
The intra-day traders may go long if the Nifty trades above 8058 to book profit around 8087. Otherwise, they may play it on the short side to book profit at 8007.
The short-term traders may consider covering their short positions.
The mid-term investors may stay away today.




DisclaimerThe 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 for December 17 2014.

If the support of 8068 gets taken out in the ensuing session on closing basis then we are headed towards the next intermittent support of 7955 unless, of course, if there is a bounce back from here on.
The intra-day traders may go long if the Nifty trades above 8105 to book profit around 8145. Otherwise, they may play it on the short side to book profit at 8025.
The short-term traders may play it on the short side lowering their trailing stop loss to 8252.
The mid-term investors may consider buying Axis Bank at 422.20, Bank Of Baroda at 976.10, HDFC Bank at  920.85 and LIC Housing Finance at 375.30 all in small quantities.




DisclaimerThe 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.