Welcome to SUMAMURA

nifty spot intra

short / long – 4619 / 4646

stoploss – opposite

L targets – 4673/4700/27

S targets – 4592/65/38

Posn Trading
Lvls Date 2nd / 6th jan 2012

Index Go Entry Targets Stoploss

NIFTY SPOT Short 4589 4527/4465/03/4341 4651

Long 4651 4713/75/4837/99 4589

BSE SENSEX short 15540 15290/040/14790/540/290/040 15790

long 15790 16040/290/540/790 15540

BANK NIFTY Short 8025 7950/875/800/725/650/575/500 8100

Long 8100 8175/250/325/400/475/550/625/700 8025

CNX IT Short 6140 6070/6000/5930/860/790/720 6210

Long 6210 6280/350/420/490/560/630/700 6140

AXIS BANK Short 787 775/63/51/38/26/14/02/699 799

Long 799 811/23/36/48/60 787

acc Short 1134 1124/14/04/1094/84/74 1150

Long 1150 1167/84/1201/18 1134

BATA Short 525 519/13/07/02/496/90/84/79 531

Long 531 537/43/49/54/60/66/72/77 525

BHEL Short 239 235/31/27/23/19 243

Long 243 247/51/55/59/63 239

BHARTI Short 343.5 339/34/29/24.5/20 348

Long 348 353/58/62.5 343.5

HUL Short 408 404/400/397/93/89 412

Long 412 416/20/24/27 408

HDFC Short 652 644/37/29/22 659

Long 659 667/74/82/89 652

hdfc bank Short 425 420.5/16/11.5/07/02.5/398 429.5

Long 429.5 434/38.5/43/47.5/52 425

INFOSYS Short 2740 2728/2695/62/29/2596 2766

Long 2766 2773/800/828/55/82/2910 2740

ICICI BANK Short 683 668/53/38 690

Long 698 713/28/43 690

IDFC Short 90 88/86/84/82/80 91

Long 92 94/96/98/100 91

ITC Short 201 298/95/92/89/86 204

Long 204 207/10/13/16/19 201

LT Short 993 983/72/62/51/41 1004

Long 1004 1014/25/35/46/56 993

ONGC Short 256 253.75/51.5/49.25/47 258.25

Long 258.25 260.5/62.75/65 256

RELIANCE Short 688 681/74/67/60 695

long 695 702/09/16/23/30 688

SAIL Short 81 79.75/78.5/77.25/76 82.25

Long 82.25 83.5/84.75/86/87.25/88.5 81

SBI Short 1622 1607/1591/76/60 1638

Long 1638 1653/69/84/1700/1715 1622

TATAMOTORS Short 179 177/75/73/71/69/67 181

Long 181 183/85/87/89/91 179

TATASTEEL Short 339 334/29/24/19 344

Long 344 349/54/59 339

TCS Short 1157 1149/40/32/23/15/06 1166

Long 1166 1174/83/91/1200/09 1157

FORECAST FOR CY 2012

gold ..... two weekly closes below 1492 dollars will put a lot of pressure on this commodity with eventual targets of 1395 /1300/1205/1110.

trading above 1492 will keep alive possibilities of upmove towards 1675 / 1770 / 1865 /1960.

silver ..... 29.1 to 32.2 is neutral zone. two weekly closes above 32.2 will open possibility of targets 35/37.8 / 40.6/ 43.4

price is currently likely to be under pressure till it gives two weekly closes above 29.1. possible downside targets of 27.2 (current price ) / 25.3/23.4/21.5/19.6/17.7

nymex crude – trade with negative bias till two weekly closes above 107. current price is 98.83. lower side targets are 95/91/87/83/79/75/71/67

above 107 .... upmove can face significant resistence at 115 and 123 ...... above 123 we can look at clear skies with targets of 128/139/150

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

DJI .... two weekly closes below 11,500 will open floodgates for 11300/100/10900/700/500/300/100/9900/700. currently at 12217 has potential to move to 12270/470/670/870/13070/270/470/670.

avoid taking long term posns between 11500/12070. trade break-outs with two weekly closes below and above 11500 and 12070 respectively.

S&P 500 .... two weekly closes below 1200 will open floodgates for 1160/20/1080/40/100/960. currently at 1257 has potential ( after clearing minor resistance at 1268 ) to move to 1312/56/1400/1444/88.

avoid taking long term posns between 1200/1268. trade break-outs with two weekly closes below and above 1200 and 1268 respectively.

FTSE100 .... 5325 seems to be an important break-out level. currently is 5572 will face significant resistance at 5860 beyond whichit has potential to rise to 5930/6000/6070/140/210/280/350/420.

two weekly closes below 5325 can signal significant downside to 5270/200/130/060/4990/20/850/780/710/640/570/500.

Back To December 2011

Next To February 2012

Posn Trading Lvls		Date	2nd / 6th jan 2012
Index	Go	Entry	Targets	Stoploss
NIFTY SPOT	Short	4589	4527/4465/03/4341	4651
NIFTY SPOT	Long	4651	4713/75/4837/99	4589
BSE SENSEX	short	15540	15290/040/14790/540/290/040	15790
BSE SENSEX	long	15790	16040/290/540/790	15540
BANK NIFTY	Short	8025	7950/875/800/725/650/575/500	8100
BANK NIFTY	Long	8100	8175/250/325/400/475/550/625/700	8025
CNX IT	Short	6140	6070/6000/5930/860/790/720	6210
CNX IT	Long	6210	6280/350/420/490/560/630/700	6140
AXIS BANK	Short	787	775/63/51/38/26/14/02/699	799
AXIS BANK	Long	799	811/23/36/48/60	787
acc	Short	1134	1124/14/04/1094/84/74	1150
acc	Long	1150	1167/84/1201/18	1134
BATA	Short	525	519/13/07/02/496/90/84/79	531
BATA	Long	531	537/43/49/54/60/66/72/77	525
BHEL	Short	239	235/31/27/23/19	243
BHEL	Long	243	247/51/55/59/63	239
BHARTI	Short	343.5	339/34/29/24.5/20	348
BHARTI	Long	348	353/58/62.5	343.5
HUL	Short	408	404/400/397/93/89	412
HUL	Long	412	416/20/24/27	408
HDFC	Short	652	644/37/29/22	659
HDFC	Long	659	667/74/82/89	652
hdfc bank	Short	425	420.5/16/11.5/07/02.5/398	429.5
hdfc bank	Long	429.5	434/38.5/43/47.5/52	425
INFOSYS	Short	2740	2728/2695/62/29/2596	2766
INFOSYS	Long	2766	2773/800/828/55/82/2910	2740
ICICI BANK	Short	683	668/53/38	690
ICICI BANK	Long	698	713/28/43	690
IDFC	Short	90	88/86/84/82/80	91
IDFC	Long	92	94/96/98/100	91
ITC	Short	201	298/95/92/89/86	204
ITC	Long	204	207/10/13/16/19	201
LT	Short	993	983/72/62/51/41	1004
LT	Long	1004	1014/25/35/46/56	993
ONGC	Short	256	253.75/51.5/49.25/47	258.25
ONGC	Long	258.25	260.5/62.75/65	256
RELIANCE	Short	688	681/74/67/60	695
RELIANCE	long	695	702/09/16/23/30	688
SAIL	Short	81	79.75/78.5/77.25/76	82.25
SAIL	Long	82.25	83.5/84.75/86/87.25/88.5	81
SBI	Short	1622	1607/1591/76/60	1638
SBI	Long	1638	1653/69/84/1700/1715	1622
TATAMOTORS	Short	179	177/75/73/71/69/67	181
TATAMOTORS	Long	181	183/85/87/89/91	179
TATASTEEL	Short	339	334/29/24/19	344
TATASTEEL	Long	344	349/54/59	339
TCS	Short	1157	1149/40/32/23/15/06	1166
TCS	Long	1166	1174/83/91/1200/09	1157

January 2012