1 Sep '09

Buy:

• jp associate
• chennai petro
• suzlon
• renuka
• exide
• icsa

keep conservative SL OF 3-4%. Do NOT trade stocks with diminishing volumes.

Sell :

• IFCI(sl =57.75)
• TISCO
• Chambal fert
  

posted by support.mytradingcalls@gmail.com

Further Ideas

Even though a correction was anticipated but fresh buying started towards the Nifty EOD levels which gives some promise that 4670-80 might act as support.

One must be cautious with going long.

There has been Sector specific move oflate with only few raising a toast to the occasion. IT & Realty pack have performed quite well. Thus, are more prone to correction.

Also, it could be MF doing the accumulation. Some NSE disclosure suggest heavy insider selling in DLF, Lupin, Oracle Financial, IL&FS Investment Managers 1, 2 and 3, Ambuja Cements 1 and 2 and Aptech

RTU 31 Aug

1512 Hrs IST : Accumulate GSPL. Some top guns notching up a pie bit larger than the usual way!

1442 Hrs IST : Long Positions initiated.

1440 Hrs IST : Nifty breaks 13EMA for the first time successfully. I have exited all my shorts. Initiate fresh position with a bit more convincing moves. Usually a common feature with some respite towards the close happens in accordance with European Mkts trading strong.

1430 Hrs IST : As told previously Nifty is trading rangebound between 13EMA & lower Bollinger Band(some trading jargons, nvrmind!)

1425 Hrs IST : Nifty is finding resistance from 13EMA since morning & with global cues not so favourable. Weakness would be difficult to prevent.

1420 Hrs IST : 4650 levels broken(yesterday's low) again! Dont know how long nifty may find comfort in that level but if its not sustained another 60-70 point slide mite occur in a whiff!

1125 Hrs IST : Mkt is showing some recovery but i dont think going long is worth it. Instead aplenty of weak scrips can be Short-sell'd on rise.
Stil if ppl wana here r some ideas:
PSL(SL=160)
ICSA(SL=200)
DLF(sl= 420)
pnc
prakash inds
Keep conservative SL's



posted by support.mytradingcalls@gmail.com

31 Aug '09

Buy :

• Multibagger : bharti ship@189 with SL 178 FOR 25-40% resturns
• Other picks :
• Crompton Greaves@325, SL = 320
• Madhucon@236, SL = 233
• Corp Bank@394, SL = 362

Delivery based : Accumulate GSPL along with bharti ship

sell:

• Tisco
• Tata Tea
• Aurobindo Pharma

Thoughts over NIfty -- Week Ahead beginning 31 Aug '09

It aint news anymore that nifty is heavily bought as of now. Negative Divergence with breaking supports have resulted for many indicators !
Hong Kong stock index is heavily poised to collapse in another few days.
Though Nasdaq is all decked up nicely.
Since there are over 15 stocks heavily overbought i expect some correction.

Charting Blog

Some readers expressed interest in learning technical analysis themselves, so i would assist them as much as i can.
To begin with they need to have a good charting tool & have data feeds(Endofday or EOD data & RT or real time data)
I would preferably discuss only FREE tools.
Thus, I present

http://ChartingSolutionsForNifty.blogspot.com/

weeknd getaways

buy : exide HDIL
accumulate ALOKTEXT, APPOLOTYRE




sell : cummins

..to b updated

RTU 28 Aug '09

1225 Hrs IST :
Nifty is forming a triangle....breakout could be on cards. Since i see weakness. Breakout could be -ve. Wutever it is it will be HUGE!

1312 Hrs IST:
Ppl losing may find comfort in following support levels
4660--4650(latter being Yesterday's low)
Still i wud recommend EXIT at every rise.





1350 Hrs IST :
Signs of recovery cud be misleading. A diverging triangle can not be ruled out. Bears are not going to let it easy. Watch out & dont get trapped at higher levels. BREAKOUT in either direction cud result HUGE volatility & momentum.





1411 hrs IST : Speculators do go wrong. Global cues are affecting today's trade. Very few day where lowest & highest point of trades have been broken. Watch out n play safe, If at all :)

28 Aug '09

Nifty view r very important to get rite for todays' trade
4731 (the max value attained recently) would be a HUGE resistance. Nifty's movement was affected due to FnO expiry today so the global cues thus far might take their toll tomorrow to realign themselves('de-coupling' theory may find a few takes though who may choose to digress, but today's morning cup of tea would had been a bitter brew for them).Anywaz, 4620 sets the weakness in.

Buy:
...i wont recommend any buying today but stil for the dare-devils

1. Essar Oil(>151.5 , keep very strict SL=147.5)
2. GEShip(>301.75, Keep SL = 293)
3. Cummins : Favourable news around.
   
4. Accumulate Bharti on dips : Coz of the obvious news floating all around. No rocket science in here. Bharti's charts have not yeilded to wear-n-tear of mahyem all year round & have been rock solid so its good buy for INVESTORS not TRADERS!
   

Sell:
Chambal Fert
Guj Min. Dev..
TISCO

PS : If prices are note given it indicates yesterday EOD(end of day) price. SL=4-6%

RTU 27 Aug '09

1330 hrs IST : Busy day thus far for speculators. Nifty surprisingly crossed 4700!!
I do NOT feel this is a rally but instead a few leveraging positions.
Only if 4725 is seen i think one shud feel safe to go long.
Till then i recommend going short.
AnsalInfra is ur guy if we think similar. Go short for now.

27 Aug '09

Buy:
Ansal Infra(>82.5 , SL = 78.25)
Alok Indus(>22 , SL = 21.25)
RNRL(>87, sl = 86.75)
Delivery pics : Cranes Software, Vishal Info

RTU 26 Aug

1101 hrs IST : Rolta, GMRInfra, MoserBaer looking strong.
BLKashyap looking weak on charts.

1152 hrs IST : Nifty looking weak. Short TISCO,ROLTA

26 Aug '09

Buy :
Electrosteel casting(SL = 40)
Godrej(>165, SL = 160)--For guyz wid a strong risk appetite.
GVK Power & Infra(>50)
Bajaj Auto

Sell:
Harrisons Malayalam Ltd.(Strongly Recommended)
Ganesh Housing
Mcleod Russel

RTU 25 Aug

1050 hrs IST :Mkt showing signs of weakness. One may short IDFC, BoRaj, SBI
If it recovers buy Man Indus.
Yesterday's Gap opening may provide some support, if any. Else get the figures from main post.

1250 hrs IST : Mkts showing strength. Exit Shorts. Index at highest point of the day. Tremendous recovery it is! Cheers!

25 Aug '09

Buy:
Man Industries(Strongly Recommended)
Tube Investment(Strongly Recommended)
Opto Circuit
Balaji Telefilm
Vijaya Bank
Union BAnk
Meghmani Organosys(>15.5)
Power grid(>109.5)

Sell:
Bank of Rajasthan(Strongly Recommended <77.8 with SL = 79, TGT= 74)
SBI India(<1791)
Yes Bank


Keep SL of 2-3% from closing price of yesterday if not otherwise mentioned.

Nifty View :
A correction could be on cards considering the run-up & also the approaching Thurs when FnO of this month expire. Buy all in all we r aiming higher in broader view. Now some fig :

• If it trades below 4648 then 4570 or 4525 cud b on cards
• If trades above 4655 then 4730 & 4760 is a possiblity
  

From tomorrow we are starting the RTU section again so watch out for this space during mkt hours aswell.

Retrospect 24 Aug 09

Hi !
Another feature herein i wish to incorporate is to find how good(or bad:P) we fared with the calls. Mostly i would refer to those that 'missed' their mark.

BPCL call was a HUGE mistake...please do NOT enter this scrip since it is overbought & has indicators against it.

Besides this Sintex showed weakness but the errata was not mentioning the Stop Loss which happened to be 213.

Surprisingly, Nifty did rise today against indicators suggestions!

Also, look out for coming Thursday when F&O would be expiring for this month.

Intraday Calls 24 aug

Keep a close watch on:

Buy: Bajaj Auto, Mindtree, Vijaya Bank, Union Bank, Sintex, BPCL

More Soon...

Took a week off towards my other passion, travelling. This time it was Sikkim. Loved the ppl & the place.

Anywaz, Nifty crossed 4500 mark yet again. Thereafter it zoomed for a while which was an easy go considering the reduced OI(Open Interest) calls in 4500 'calls' by almost 50%

Stocks to watch out for in coming week are :
JP Associate, MindTree, Chambal Fertilizers, Sintex.

Besides the obvious packs of Reliance which has to spearhead the 'sails' if Sensex has to soar.

Since the % of stocks above the varios DMA has improved i suggest in a broader perspective we are in for a rise. But the panic of flu(not the flu itself but the 'panic') & sparse rainfall could play spoil sport.

Baltic Dry Index continues to fall upto as much as 40% at the timing of writing so thats something to bother aswell.

Intraday calls in the post to follow this piece.

14 aug

Short JPASSOCIATE, NAGCON, IDBI, PSLHOL on opening bell

Details follow in a while

14 Aug -- Midnight's Children

Nifty views :
If it goes above 4611, expecting a trend reversal at 4760

TISCO looks gud on charts. Another 2 Rs gain wud push it into bullish territory

1257 hrs IST : Nifty facing HUGE resistance in 4550-4600 zone as was expected.
Shorting considering aforementioned range can be done for IDBI

1303 hrs IST : Main Post updated for ppl going long

1307 hrs IST : Short GMRINFRA, JPASSOCIATE & have patience. Let time do the trick!

13 Aug'09

Intraday stuff :
Sell Bombay dyeing below 340 for target of 300 with SL 361
Sell IDBI below below 95.25 for 5% downside SL 95.5
Sell SAIL below 163 for target 160


Buy IDBI @96.5 for 5% upside
buy SAIL @164.5 for target 168
buy cairn @ 238.25 for target 243.5
__________________________
Delivery based Short term picks
SUZLON above 87

_____________________
Nifty has support in 4320 zone...so some immediate respite on cards, I hope

Ps: SAIL tips dedicated to my cloz friend, who happens to be the foremost inspiration of this blog :)

12 Aug'09

if mkts shows sign of recovery

BUY : gvkpower,sesa goa, punj llyod, bharti, alstom, m&m
_____________________
if mkt breaks 50 ema(If u dont kno wut it means just wait to c panic & find for urslf)

SELL : Adlabs, IDFC, idbi, ifci ,hdfc bank, licHF

RTU 11-Aug'09

1140 hrs : Mkts is trading strong. Wud recommend not to hold Short position. 3i Info again looks lucrative so ppl can chip in again. Ashok Leyland looks strong too. If ASHLEY crosses 37 resistance it will zoom all d way atleast till 44.
Nifty is very stable now & it has shelved a LOT. We can take comfort of being in lap of very strong support zone.

1145 hrs : 3I Info is a strong counter at this level. Do NOT exit below the SL 65 levels. Some mkt jerks r doin strong beating at this counter. Hold tight & give doz ******* a kick in the proper place.

1220 hrs : Short Indiabulls Real Est. @ 227...keep strict SL of 230.25

1245 hrs : Buy TISCO for minimum 3% upside intraday. And, I repeat do NOT exit 3i info if it doesnt fail its SL

1311 hrs : i am bullish on NIFTY as of now. 4470 wud only get me to have second thoughts about the same

1335 : be very cautios of SHort positions. It cud b risky now with mkts showing strength. If u are not sure, do NOT do short-selling at this stage

1355 Hrs : Time is NOT book profits frenz. Hav patience. Hope all readers did stick with 3i INfo.ASHLEY hasnt matured yet....wait for 34.5 & c if rocket-ride is fun!

1400 hrs : Main list of stock picks for ppl going for delivery based trade.

1443 hrs : something terrible seems in offing. Would recommend profit-bookin & staying away n watch. " Markets can stay irrational longer than we can remain solvent". Next support 4400 which is quite crucial if 4432 breaks.

1516 hrs: signing off for the day. Took ASHLEY for delivery. Over n Out

11 Aug'09

Buy JPAss for min 5% upside on opening bell
buy 3i info for 5-8% upside
buy cairn @242 for 4-6% upside

if mkt shows weakness short Maruti(very weak!),MTNL & Ashok leyland.

more soon on RTU...kinda runin out f time

For safe-players:
Buy Reliance Inds & SBI India till they steer us into comfort zone. Dont wori about SL. I would watch them both to keep u in custody. Just go ahead & buy for atleast a week's time

RTU 10 Aug

1200hrs : mkts moving indecisive. None of the limits crossed so lay back N watch for signs when to enter. Stock specific recommendations hold only with mkt sentiments being atleast neutral. Go for chai-sutta break.

1227 hrs IST : nifty moving range bound. Wud suggest going short rather long. Auto stock seeing profit-booking so shorting them makes sense. Do NOT buy they are highly over-rated now. HDFC bank & India Infoline present shorting opportunities too!

10 Aug '09

Hi ! Hope u all folks had a gr8 weekend...
Getting back into the groove now :)

Buy TISCO@ 461 for tgt 471 & 481
Buy BPCL for 10% upside...but for experienced hands only. Novice better stay away(charts r nice here)
Buy RIL@2020(SL 1970) & icici bank for quick moves
Buy cairn@241 for tgt 247...tgt 250(though its not as strong as BPCL, so keep strict SL)
buy suzlon above 87


Medium range picks
Sesa Goa for tgt 280-290
voltas for tgt 175
icici for tgt 930

Century textile looks good on charts.

Nifty views :
4450 is crucial. Shudn't break else more blood shed.
4615 should find comfort for u folks.

Take a plunge, Now! :)

Weekend Getaway's

Last week DOW had a tremendous rally so I do expect the corrective moves to halt, atleast(& we did have enuf, din we).
Reliance has shown a breakout from its HnS pattern hence we know Index does have a strong guy. ICICI is another one to support it with some breather.

Also, on readers' request Hero Honda was analyzed. It has an excellent 50DMA support which could have pushed it into the bullish zone, but sadly it wasn't the case & thus would reccommend to wait.

Baltic Dry Index is a worry still. One may say an opportunity too!

Copper charts have interesting consolidation but breakout green-flag can not be permitted only 'cos of index weakness.

I would most definetly exclude my 'calls' from this post not -forcing funda on visitor's who wud like to make a smooth cruise.

RTU : 7 Aug

On reader's request here upon real-time updates will also be provided.RTU(Real Time Update) in addition to free calls.

RTU 1 : buy MAHSEA@ 274.6 for targets 280-282 (Time : 1338 hrs IST)

RTU2 : sell 3I Info @ anywhr above 73.25....Be watchful for breakout above channels in which it moves. Simply speaking...either way first large shoot can move it in either direction. But i am bearish on the stock.(1349 hrs IST)

07 Aug '09

Due apologies for delay in this post. But to prepare the list did take me more than usual time last nite. Anyways, hope its worth the wait

Sell 3I Info all the way till 50!!!
Sell GMR Infra all the way till 127-125
Sell RelCap below its support of 857 only if it occurs with volumes to assist

Accumulate Sterling Bio
Accumulate Cairn India (Hope Crude continues to fall)

Anybody interested in Baltic Dry Index can find some huge topsy-turvy action. GE Ship above 277 is for those daredevils

Also, NIfty level of 4552 is crucial...iF it does not hold...panic-selling could be seen.

A word of note, at such time wait-n-watch could be not such a bad option either
For long-term guys : NTPC & Dabur are the babies to hold on to with 6-7 months horizon with over 200% returns expectancy.

06 aug '09

Buy RIL above 2096 only!
Sell DLF below 380
Sell punj LLoyd at any price ;)

Buy Kohinoor food for target of 52
Buy Voltas above 147
Buy Shriram transport above 325

Accumulate Ganesh Housing on dips...

Nifty View:
Should remain +ve. Bounce from 4650 levels expected & then all the way up through the day.

5 Aug '09

Free Intraday Calls :
Buy TISCO above 493.5 for 5% upside
Sell TISCO below 460 for similar returns

Yesterday's call for Ashok Leyland still holds.

Buy Mercaptor Lines @ 64 for 10% upside.

Buy IVRCL @ 348...One can hold to this for short-term above this mark

Views about Nifty:
Dont think its receding all the way. Profit-booking at this stage is quite natural & one must in fact book some for the 'rainy-days'(Courtesy ?). Also, for today find nifty taking support in range 4645- 4630. Buy on dips & let time do the trick!
Moral of story : Look for the rising wave with 'volumes', which sadly is missing in the run as of now.

4 aug '09

Buy Ashok Leyland above 38 for 10-20% appreciation
Buy Rcom @ 295 for 10-12% appreciation
Buy Sail @ 180 for 3.5-7 % appreciation

Short-sell Bharat forge @ 235 for 10-15 %

3 Aug

After a break of a months time its time for more of tech analysis.

Short term:
PFL : buy above 232 for tgt 242
Aban Offshore: buy above 1200 for tgt 1800
Rolta : Tricky one this is. Buy on dips for continuous returns for another week or two!!

Hindalco cann be bought for short-to-mid term investment aswell.