Welcome to SUMAMURA

intra		DATE	13th december 2013
stocks / indices	go	entry	Target	Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT	short	11570	11510/450/390/330	11630
BANK NIFTY SPOT	long	11630	11690/750/810/870	11570
RELIANCE	short	864	858/52/46/40	870
RELIANCE	long	870	876/82/88	864
SBI	short	1768	1752/36	1784
SBI	long	1784	1800/16/32	1768
icici bank	short	1123	1113/03/1093	1133
icici bank	long	1133	1143/53	1123
LT	short	1057	1047/37/27	1067
LT	long	1067	1077/87	1057
TATA MOTORS	short	355.50	352.5/49.5/46.5	358.5
TATA MOTORS	long	358.5	361.5/64.5/67.5	355.5
tata power	short	88	87/86/85	89
tata power	long	89	90/91/92	88
tata steel	short	411.5	409/06.5/04	414
tata steel	long	414	416.5/19/21.5/24	411.5
bharti	short	320.5	318/15.5/13	323
bharti	long	323	325.5/28/30.5/33	320.5
maruti	short	1704	1695/86/77	1713
maruti	long	1713	1722/31/40	1704
acc	short	1115	1106/1097/88	1124
acc	long	1124	1133/42/51	1115

NIFTY SPOT INTRA

go short / long - 6180 / 6215

stop loss – 6198 for both

long targets – 6233/50/68

short targets – 6163/45/28/10

intra		DATE	12th december 2013
stocks / indices	go	entry	Target	Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT	short	11730	11670/610/550/490	11790
BANK NIFTY SPOT	long	11790	11850/910/970	11730
RELIANCE	short	880	876/72/68	884
RELIANCE	long	884	888/92/96/900	880
SBI	short	1779	1763/48/32/17	1794
SBI	long	1794	1810/25/41	1779
icici bank	short	1076	1065/54/43	1087
icici bank	long	1087	1098/1109	1076
LT	short	1100	1090/80/70	1110
LT	long	1110	1120/30	1100
TATA MOTORS	short	377.00	375.5/74/72.5/71/69.5/68	378.5
TATA MOTORS	long	378.5	380/81.5/83	377
RCOM	short	133.5	132.5/31.5/30.5/29.5	134.5
RCOM	long	134.5	135.5/36.5/37.5	133.5
REC	short	217	215.75/14.5/13.25/12	218.25
REC	long	218.25	219.5/20.75/22	217
powergrid	short	97.6	97/96.4/95.8	98.2
powergrid	long	98.2	98.8/99.4/100	97.6
maruti	short	1748	1735/22/09/1696	1761
maruti	long	1761	1774/87/1800	1748
idea	short	171.75	170.5/69.25/68	173
idea	long	173	174.25/75.5	171.75

NIFTY SPOT INTRA

go short / long - 6266 / 6302

stop loss – 6284 for both

long targets – 6320/38/56

short targets – 6248/30/12/194

intra		DATE	11th december 2013
stocks / indices	go	entry	Target	Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT	short	11820	11780/720/660/600	11880
BANK NIFTY SPOT	long	11880	11940/12000/12060/120	11820
RELIANCE	short	881	876.5/72	885.5
RELIANCE	long	885.5	890/94.5/99	881
ICICI BANK	short	1160	1154/48/42	1166
ICICI BANK	long	1166	1172/78/84	1160
SBI	short	1837	1825/12/1800	1850
SBI	long	1850	1862/75	1837
LT	short	1100	1090/80/70	1110
LT	long	1110	1120/30	1100
TATA MOTORS	short	390.00	388/85.5/83.5	392.5
TATA MOTORS	long	392.5	394.5/96.5/99	390
RCOM	short	137	136/35/34/33/32/31/30	138
RCOM	long	138	139/40/41	137
bharti	short	335	333/31/29	337
bharti	long	339	341/43/45	337
CESC	short	404	400/396/92	408
CESC	long	408	412/16/20	404
GVK power	short	9.1	8.95/8.85/8.75/8.6	9.2
GVK power	long	9.2	9.35/9.45/9.6	9.1
NTPC	short	137	136/35/34	138
NTPC	long	138	139/40/41	137

NIFTY SPOT INTRA

go short / long - 6314 / 6336

stop loss – opposite

long targets – 6358/80/402

short targets – 6292/70/48

NIFTY SPOT INTRA

go short / long - 6368 / 6389

stop loss – opposite

long targets – 6410/31/52

short targets – 6347/26/05

intra		DATE	10th december 2013
stocks / indices	go	entry	Target	Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT	short	12090	12040/11990/940/890	12140
BANK NIFTY SPOT	long	12140	12190/240/290	12090
RELIANCE	short	877	873/69/75	881
RELIANCE	long	881	885/89/93	877
ICICI BANK	short	1217	1211/05/1199	1223
ICICI BANK	long	1229	1235/41/47	1223
SBI	short	1895	1885/74	1906
SBI	long	1906	1916/17	1895
LT	short	1146	1140/33/27	1153
LT	long	1153	1159/66/72/79	1146
TATA MOTORS	short	394.00	391.5/89/86.5	396.5
TATA MOTORS	long	396.5	399/401.5	394
RPOWER	short	75.8	75.2/74.6/74	76.4
RPOWER	long	76.4	77/77.6/78.2/78.8	75.8
aban	short	370	367/64	370
aban	long	373	376/79/82	373
century text	short	280	278/76.5/74.5	281.5
century text	long	281.5	283.5/85	280
india cement	short	61.25	60.6/59.95	61.9
india cement	long	61.9	62.55/63.2/63.85	61.25
federal bank	short	82.5	81.75/81	83.25
federal bank	long	83.25	84/84.75/85.5	82.5

intra		DATE	10th december 2013
stocks / indices	go	entry	Target	Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT	short	12090	12040/11990/940/890	12140
BANK NIFTY SPOT	long	12140	12190/240/290	12090
RELIANCE	short	877	873/69/75	881
RELIANCE	long	881	885/89/93	877
ICICI BANK	short	1217	1211/05/1199	1223
ICICI BANK	long	1229	1235/41/47	1223
SBI	short	1895	1885/74	1906
SBI	long	1906	1916/17	1895
LT	short	1146	1140/33/27	1153
LT	long	1153	1159/66/72/79	1146
TATA MOTORS	short	394.00	391.5/89/86.5	396.5
TATA MOTORS	long	396.5	399/401.5	394
RPOWER	short	75.8	75.2/74.6/74	76.4
RPOWER	long	76.4	77/77.6/78.2/78.8	75.8
aban	short	370	367/64	370
aban	long	373	376/79/82	373
century text	short	280	278/76.5/74.5	281.5
century text	long	281.5	283.5/85	280
india cement	short	61.25	60.6/59.95	61.9
india cement	long	61.9	62.55/63.2/63.85	61.25
federal bank	short	82.5	81.75/81	83.25
federal bank	long	83.25	84/84.75/85.5	82.5

my weekly trading levels for stocks / indices .....

POSN TRADING	weekly	DATE	9th / 13th december 2013
stocks / indices	go	entry	Target	Stoploss
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY
cnx nifty	short	6322	6262/202/142	6382
cnx nifty	long	6382	6442/502	6322
bse sensex	short	21120	20150/19990/830/670	21300
bse sensex	long	21300	21480/660	21120
BANK NIFTY	Short	11820	11700/580/460	11940
BANK NIFTY	Long	12060	12180/300/420	11940
CNX IT	Short	8950	8720/650/580/510	9015
CNX IT	Long	9080	9145/210/275/340	9015
axis bank	Short	1307	1295/82/70/57	1320
axis bank	Long	1320	1342/55	1307
BHARTI	Short	338	334.5/32/27.5/24	341.5
BHARTI	Long	341.5	345/48.5/52/55.5/59	338
CIPLA	Short	401	396.5/92	405.5
CIPLA	Long	410	414.5/19/23.5/28	405.5
dr reddys	Short	2450	2425/2400/2375/50	2475
dr reddys	Long	2500	2525/50/75	2475
HDFC	Short	832	819/06/793/80	845
HDFC	Long	845	858/71/84	832
hdfc bank	Short	696	687/78/69/60	705
hdfc bank	Long	705	714/23/32	696
HUL	Short	572	566/60/54/48/42	578
HUL	Long	584	590/96/602	578
ICICI BANK	Short	1193	1179/66/52/39	1206
ICICI BANK	Long	1206	1220/33	1193
IDEA	Short	183	181/79/77/75	185
IDEA	long	187	189/91/93	185
IDFC	Short	118	116.5/15/13.5/12	119.5
IDFC	Long	121	122.5/24	119.5
INFOSYS	Short	3392	3357/22/187/52	3427
INFOSYS	long	3427	3462/97	3392
ITC	Short	320	316.5/13/09.5/06	323.5
ITC	Long	327	330.5/34/37.5/41	323.5
LT	Short	1139	1130/20/11/01	1149
LT	Long	1158	1168/77/87	1149
M&M	Short	960	949/38/27	971
M&M	Long	982	993/1004/15	971
MARUTI	Short	1715	1656/36/16/1596/76	1734
MARUTI	Long	1753	1716/36/56	1734
ONGC	Short	300	297.5/95/92.5/90	302.5
ONGC	long	305	307.5/10/12.5/15	302.5
RELIANCE	Short	873	866/59/52	880
RELIANCE	long	887	894/901/08	880
SBI	Short	1892	1866/40	1918
SBI	Long	1918	1944/70/96	1892
TATAMOTORS	Short	400	395.5/91/86.5/82	404.5
TATAMOTORS	Long	409	413.5/18	404.5
TATASTEEL	Short	429	425/21/17/13/09	433
TATASTEEL	Long	437	441/45/49	433
TCS	Short	2047	2027/06/1986/65	2067
TCS	Long	2088	2108/29/49	2067
ultratech	Short	1924	1904/1884/64	1944
ultratech	Long	1944	1964/84	1924


CNX AUTO	short	5320	x	5365
CNX AUTO	long	5365	x	5320
CNX ENERGY	short	7985	x	8035
CNX ENERGY	long	8035	x	7985
CNX FMCG	short	16520	x	16640
CNX FMCG	long	16640	x	16520
CNX INFRA	short	2540	x	2565
CNX INFRA	long	2565	x	2540
CNX METAL	short	2465	x	2500
CNX METAL	long	2500	x	2465
CNX MIDCAP	short	7845	x	7895
CNX MIDCAP	long	7895	x	7845
CNX PHARMA	short	7425	x	7490
CNX PHARMA	long	7490	x	7425
CNX PSU BANKS	short	2653	x	2678
CNX PSU BANKS	long	2678	x	2653
CNX REALTY	short	177.75	x	179
CNX REALTY	long	179	x	177.75

intra levels for today .....

intra		DATE	9th december 2013
stocks / indices	go	entry	Target	Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT	short	11980	11905/830	12055
BANK NIFTY SPOT	long	12130	12185/260/335/410	12055
RELIANCE	short	878	871/64	885
RELIANCE	long	885	892/99/906	878
ICICI BANK	short	1132	1125/18/11/04	1139
ICICI BANK	long	1139	1146/53/60	1132
SBI	short	1888	1879/70	1897
SBI	long	1897	1906/15/24	1888
LT	short	1128	1118/08	1138
LT	long	1148	1158/68	1138
TATA MOTORS	short	399.00	396/93/90	402
TATA MOTORS	long	405	408/11/14	402
IDFC	short	116	114/12	118
IDFC	long	118	120/22/24	116
yes bank	short	403	396/89/82	410
yes bank	long	410	417/24/31	403
lic hsg finance	short	206	204/202/200	208
lic hsg finance	long	210	212/14/16	208
PFC	short	168	166/64	170
PFC	long	170	172/74/76	168
axis bank	short	1308	1299/90/81	1317
axis bank	long	1317	1326/35	1308

MY WEEKLY TAKE ...

Trading levels --- 9th / 13th December 2013

Last week I was away. So let us review last 2 weeks together. We have had 3 extra ordinarily strong trading sessions in last 2 weeks and that has resulted in 260 points NIFTY up-move.

Exit polls outcome is market friendly. We also have had a big move on Friday evening in US markets. If Sunday’s actual election results are corroborating exit poll indications, WE WILL SURELY HIT A NEW NIFTY HIGH ON MONDAY MORNING.

Actually everyone is expecting that to happen since DIWALI but that is getting postponed somehow. However the more important point is that WHO BENEFITS FROM THIS ALL TIME HIGH INDEX ? EXCEPT 10/12 INDEX HEAVYWEIGHTS, EVEN MOST OTHER INDEX STOCKS ARE WAY BELOW THEIR ALL TIME HIGHS.

That means average portfolios of retail investors are still making loss of minimum 20 % --- average may be 30 to 35 %.

So …. Only if the markets sustain the NEW HIGH for minimum 2/3 weeks and then the rally spreads to other large-caps and mid-caps, then only the retail investors will start returning to the EQUITY markets. Otherwise, this rally will also turn out to be a flash in the pan and redemptions will mount in equity MFs again.

On Monday when we make a new high and move towards 6400, I will be selling at the money / just out of money calls both in NIFTY and BANKNIFTY as I expect to get good rates to sell and if market revrses, lots of money could be made. If bulls are able to keep up the pressure and push NIFTY towards 6500, I will have marginal losses but that risk is worth taking.

So Mondays trading session is very crucial and I am waiting for same with bated breath.

I have released SAMVAT 2013/14 trading levels on my website – http://www.sumamura.com/sumamura-messages/.

DECEMBER 2013 LEVELS are out ON 2nd December. You can have a look at the same before entering fresh trades.

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