August 2012
| INTRADAY | DATE | 22nd august 2012 | ||
| stocks / indices | go | entry | Target | Stoploss |
| PREFER TRADES IN DIRECTION OF NIFTY AS PER NIFTY SPOT INTRA LEVELS | ||||
| BANK NIFTY | short | 10485 | 10450/415/380/345/310/275/240 | 10520 |
| long | 10520 | 10555/590/625/660 | 10485 | |
| RELIANCE | short | 818 | 814/10/06/02 | 822 |
| long | 822 | 826/30/34 | 818 | |
| ICICI BANK | short | 972 | 965/59/52/46 | 978 |
| long | 978 | 985/91/98 | 972 | |
| SBI | short | 1914 | 1901/1888/75/62 | 1927 |
| long | 1927 | 1940/53/66 | 1914 | |
| LT | short | 1467 | 1461/55/49/43 | 1473 |
| long | 1473 | 1479/85 | 1467 | |
| tata motors | short | 246.50 | 245/43.5/42/40.5/39 | 248 |
| long | 248 | 249.5/51/52.5 | 246.5 | |
| BHEL | short | 230 | 228.5/27 | 231.5 |
| long | 231.5 | 233/34.5/36 | 230 | |
| BHARTI | BPCL | 259 | 257.5/56/54.5/53/51.5/50 | 260.5 |
| long | 260.5 | 262/63.5/65 | 259 | |
| bank of baroda | short | 638 | 635/32/29/26/23 | 641 |
| long | 641 | 644/47/50/53 | 638 | |
| yes bank | short | 358 | 356.5/55/53.5/52 | 359.5 |
| long | 359.5 | 361/62.5/64 | 358 | |
| INTRADAY | DATE | 21st august 2012 | ||
| stocks / indices | go | entry | Target | Stoploss |
| PREFER TRADES IN DIRECTION OF NIFTY AS PER NIFTY SPOT INTRA LEVELS | ||||
| BANK NIFTY | short | 10410 | 10370/330/290/250 | 10450 |
| long | 10450 | 10490/530/570 | 10410 | |
| RELIANCE | short | 816 | 812/08/04/800 | 820 |
| long | 820 | 824/28/32 | 816 | |
| ICICI BANK | short | 961 | 957/52/48 | 966 |
| long | 966 | 970/75/79 | 961 | |
| SBI | short | 1898 | 1886/74/62/50 | 1910 |
| long | 1910 | 1922/34/46 | 1898 | |
| LT | short | 1450 | 1444/37/31/24 | 1457 |
| long | 1457 | 1463/70/76 | 1450 | |
| tata motors | short | 240.50 | 239/37.5/36/34.5/33 | 242 |
| long | 242 | 243.5/45/46.5/48 | 240.5 | |
| strides arcolab | short | 819 | 816/13/10/07 | 822 |
| long | 822 | 825/28/31/34 | 819 | |
| tata power | BPCL | 97.2 | 96.4/95.6/94.8/94 | 98 |
| long | 98 | 98.8/99.6 | 97.2 | |
| mangalore chem | short | 50.9 | 50.55/50.15/49.75/49.4 | 51.3 |
| long | 51.3 | 51.65/52.05/52.4/52.8 | 50.9 | |
| INFY | short | 2347 | 2332/17/02 | 2362 |
| long | 2362 | 2377/92 | 2347 | |
| Posn Trading Lvls |
Date | 21st / 24th august 2012 | ||
| Index | Go | Entry | Targets | Stoploss |
| ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY | ||||
| cnx nifty | short | 5380 | 5329/278/227/176/125 | 5431 |
| long | 5431 | 5482/533/584 | 5480 | |
| bse sensex | short | 17730 | 17560/390/220/050 | 17900 |
| long | 17900 | 18070/240/410 | 17730 | |
| BANK NIFTY | Short | 10425 | 10345/265/185/105/025 | 10505 |
| Long | 10505 | 10585/665/745/825 | 10425 | |
| CNX IT | Short | 5990 | 5940/890/840/790 | 6040 |
| Long | 6040 | 6090/140/190 | 5990 | |
| ACC | Short | 1330 | 1321/12/03/1294/85 | 1339 |
| Long | 1339 | 1348/57/66/75 | 1330 | |
| AXIS BANK | Short | 1110 | 1094/78/60 | 1126 |
| Long | 1126 | 1142/60 | 1110 | |
| BAJAJ AUTO | Short | 1690 | 1675/60/45/0/15/1600 | 1705 |
| Long | 1705 | 1720/35/50/65 | 1690 | |
| BHEL | Short | 231 | 228/25/22/19 | 234 |
| Long | 234 | 237/40/43 | 231 | |
| BHARTI | Short | 260 | 257.5/55/52.5/50/47.5/45 | 262.5 |
| Long | 262.5 | 265/67.5/70/72.5 | 260 | |
| HUL | Short | 503 | 499/95/91/87/83/79 | 507 |
| Long | 507 | 511/15/19/23 | 503 | |
| HDFC | Short | 714 | 708/02/696/90/84/78 | 720 |
| Long | 720 | 726/32/38 | 714 | |
| hdfc bank | Short | 595.5 | 591/86.5/82/77.5/73 | 600 |
| Long | 600 | 604.5/09/13.5/18 | 595.5 | |
| INFOSYS | Short | 2363 | 2345/27/09/291/73 | 2381 |
| long | 2381 | 2399/417/35 | 2363 | |
| ICICI BANK | Short | 962 | 952/42/32/22/12 | 972 |
| Long | 972 | 982/92/1002/12 | 962 | |
| IDFC | Short | 140.8 | 139.6/38.4/37.2/36/34.8/33.6 | 142 |
| Long | 142 | 143.2/44.4/45.6/46.8/48 | 140.8 | |
| ITC | Short | 261.5 | 259/56.5/54/51.5/49 | 264 |
| Long | 264 | 266.5/69/71.5/74 | 261.5 | |
| LT | Short | 1448 | 1427/06/1385/64 | 1458 |
| Long | 1469 | 1490/1511/32 | 1458 | |
| M&M | Short | 765 | 754/43/33/22/11 | 775 |
| Long | 775 | 786/97 | 765 | |
| MARUTI | short | 1177 | 1166/55/44/33/22/11 | 1188 |
| Long | 1188 | 1199/1210/21/32 | 1177 | |
| RELIANCE | Short | 817 | 807/798/88/79/69 | 826 |
| long | 826 | 836/45/55 | 817 | |
| rel infra | Short | 508 | 501/495/88 | 514 |
| Long | 514 | 521/27/34 | 508 | |
| SBI | Short | 1900 | 1870/40/10/1780 | 1930 |
| Long | 1930 | 1960/90/2020 | 1900 | |
| TATAMOTORS | Short | 241 | 238/35/32/29/26 | 244 |
| Long | 244 | 247/50 | 241 | |
| TATASTEEL | Short | 394 | 390.5/87/83.5/80 | 397.5 |
| Long | 397.5 | 401/04.5/08/11.5/15 | 394 | |
| TCS | Short | 1277 | 1268/58/49/40 | 1287 |
| Long | 1287 | 1296/1306 | 1277 | |
| CNX MIDCAP | short | 7330 | x | 7405 |
| long | 7405 | x | 7330 | |
| CNX AUTO | short | 4000 | x | 4045 |
| long | 4045 | x | 4000 | |
| CNX FMCG | short | 13350 | x | 13460 |
| long | 13460 | x | 13350 | |
| CNX INFRA | short | 2370 | x | 2400 |
| long | 2400 | x | 2370 | |
| CNX METAL | short | 2725 | x | 2755 |
| long | 2755 | x | 2725 | |
| CNX MNC | short | 5485 | x | 5520 |
| long | 5520 | x | 5485 | |
| CNX PHARMA | short | 5515 | x | 5580 |
| long | 5580 | x | 5515 | |
| CNX PSE | short | 2900 | x | 2925 |
| long | 2925 | x | 2900 | |
| CNX REALTY | short | 217.5 | x | 221 |
| long | 221 | x | 217.5 | |
Trading levels 20th / 24th August 2012
As I look at weekly charts of major global markets …. Most of them are making topping out patterns. What does that mean ??
It means there is risk / reward ratio in favour of going short on the markets …. INCLUDING OUR MARKET.
Markets have run up on the hope of monetary easing by ECB as well as FED. If that does not happen in next couple of weeks …. All these markets will correct 5 to 7 % in max 2 weeks time.
If FED / ECB act as expected there could be 3 max 4 % upside. So … YOU CAN TAKE YOUR OWN CALL.
As regards to our market … CAG report is a ticking time bomb and that will keep market under constant pressure.PMO is trying to rubbish it by taking a harsh line against the functioning of CAG itself which is a constitutional body and that is like playing with fire.
I will strongly suggest hedging your portfolios by buying JUST OUT OF THE MONEY puts or by selling AT THE MONEY CALLS. Choice is yours.
I expect markets to drift lower towards 5250/5300 in coming two weeks unless there r huge dollops of FII inflow.
TER POSN TRADING
weekly
DATE
20th / 24th august 2012
stocks / indices
go
entry
Target
Stoploss
bse sensex
short
17730
17560/390/220/050
17900
long
17900
18070/240/410
17730
CNX MIDCAP
short
7330
x
7405
long
7405
x
7330
CNX AUTO
short
4000
x
4045
long
4045
x
4000
CNX FMCG
short
13350
x
13460
long
13460
x
13350
CNX INFRA
short
2370
x
2400
long
2400
x
2370
CNX METAL
short
2725
x
2755
long
2755
x
2725
CNX MNC
short
5485
x
5520
long
5520
x
5485
CNX PHARMA
short
5515
x
5580
long
5580
x
5515
CNX PSE
short
2900
x
2925
long
2925
x
2900
CNX REALTY
short
217.5
x
221
long
221
x
217.5
