Trading Ideas for 28th September

Short JSW Steel 760 Target 750, 740 13:02 IST Trading at 755 Intraday traders exit and positional traders follow with TSL at cost 1st October 1 & 2 Target achieved

Long Apollotyre 93 Target 98 14:14 IST Trading at 93.5 1st October 9:27 IST Trading at 94.8 Exit

Long ITC 270 Target 280 14:43 IST Trading at 274.5 follow with TSL at cost, Intraday traders exit and positional traders keep TSL at cost. Ist October trading at 276, please exit

Trading Ideas for 27th September

14:00 IST Buy Nifty 5800CE at 50 Target 70 1-2 days

13:45 IST Buy Reliance october futures at 836 Target 843, 848 1-2 days 14:15 IST now trading at 840 follow with TSL at cost Intraday traders booked profit at 841.5 and positional traders hit TSL at cost

Trading Ideas for 25th September

09:35 IST Buy Reliance at 838 Target 848 Profit booked at 846

Trading Ideas for 24th September

10:100 IST Short Jindalstel 448 SL 458 Target 440, 430 10:56 IST 1st Target achieved 2nd Target achieved on 25th September

10:00 IST Short Petronet at 165 SL 168 Target 163, 161 14:34 IST  Achieved 1st Target 14:45 IST Exited at 162. Exits at 163.7 and 162

Nifty Weekly Technicals

By closing +ve for the week and closing above 5630 Nifty sending strong signals of uptrend. The critical supports are now placed at 5665 and 5450 and resistance at 5767, 5880 and 5968. Unless there are any strong -ve signals from Europe or US (Dowjones closed -ve for the week, especially -ve closing on a Friday).

Though fundamentally nothing changed much market  is driven by liquidity, hence moves on either side will be sharp depending on news flow. Exercise caution during the week as FnO expiry and global news  flow may cause volatility in the market.

Trading Ideas for 21st September

12:25 IST Short JP Associates 83.3 Target 80, 77 4-5 days 24th September 9:48 IST now trading at 82.8 follow with TSL at cost. TSL hit at cost

12:00 IST Buy Tata Motors 274 Target 277, 279, 284 24th September 10:48 IST 1st Target achieved 14:20 IST 2nd target achieved

12:00 IST Short Tata Steel 406 Target 400, 390 Exited at 405

12:00 IST Short Axis Bank 1098, SL 1108, Target 1075 SL hit at 1108

Nifty Technicals for 21st September

By closing +ve in previous two Fridays Nifty sent strong signals that it is in bullish mode, though political uncertainty tried spoiling the game the damage yesterday was limited.

By closing below 5555 Nifty turned weak on intraday basis, now a sustained break above 5575 is a must for Nifty to remain bullish on Friday and in the days to come.

Now political scenario is not as dire as it was thought. Now markets may steadily come out of it and continue up trend in the days to come

Nifty Support: 5550, 5520 and 5500

Nifty Resistance: 5575, 5600, 5650.

Close above 5585 is bullish for short-term and sustained break above 5650 is bullish for long-term

Nifty Technicals 20th September

As analysed earlier, after closing above 5385 Nifty very quickly reached our target of 5600. Though we are seeing political uncertainties around the down side of Nifty may be limited 5500 to 5400 in the current FnO series. With supports placed at 5555, 5445, 5375. If Nifty sustain its current up move the target is 5800.

Trading ideas for 18th September

12:15 IST Buy LT 1550PE at 30 Target 50 20th September booked profit at 48 Target achieved

10:00 IST Buy IDFC 150 PE at 3.7 Target 5 14:28 IST Target achieved

Short Dax

17th September 2012 20:20 IST: Short Dax now at 7400 SL 7474 Target 7310, 7220 18th September 1st Target achieved. 3rd Target achieved on 1st October

Trading Ideas for 17th September

14:00 IST Buy Tata Motors 280 PE now at 4.9 Target 10 Target achieved

Update Inprogress...

Trading Ideas for 14th September

14:11 IST Buy Reliance 820 PE at 7 Target 15, Averaged at 5.5 avg price = 6.25 Closed at 7.5 on 20th September
14:05 IST Buy Tata Motors 268 Target 272, 274, 280 1st Target achieved 17th September 3rd Target achieved
13:55 IST Short Relcapital 357 Target 350, 345 SL 363 Closing price 353 SL hit
10:00 IST Short Hindalco 115 Target 113 Closing price 117.65 18th September exited at 114
10:00 IST Short Essaroil 51.5 Target 50 Closing price 52 Target achieved on 27th September
10:00IST Short SAIL 83.4 Target 80 Closing price 84.2 TSL hit at cost

Trading Ideas for 12th September

12:45 IST Buy Apollotyre 100 PE at 3-3.5 Target 5 SL 2 20th September Exit at 4 - 4.5

Update in progress...

Nifty Technicals 12th September

By closing above 5385, Nifty formed base for further upside. Nifty now has higher chances of testing 5420, 5450 range. A close above 5450 is must for continuation of the trend. Fiscally nothing has improved in any country in the world but liquidity alone is driving the current up-moves in the market, hence be cautious.

US FED has been telling that there is no immediate need for any additional liquidity measure but they are ready for action if required. But market participants are expecting that some QE3 from today's FED meeting, hence there is high probability for disappointment! Exercise caution and avoid overnight positions for today.

Nifty Support: 5380, 5350, 5320

Nifty Resistance: 5400, 5425, 5450

Trading Ideas 11th September

2:00 IST Short Optocircuits 136.5 Target 133 12th September 11:35 IST Booked profit at 135.5

2:00 IST Short TCS 1399 Target 1385 Target achieved on 17th September

Trading Ideas for 8th September

12:15 IST Short Chambal Fertilisers 69.35 Target 68 10th September 9:35 IST Now trading at 68.3 Book profit

12:15 IST Buy Jain Irrigation 60.6 Target 62-63 10th September 9:55 IST First target achieved

Commodity Trading Ideas 7th September

19:58 IST Silver resistance $33.555 short for $33 Target 20:27 IST Silver hit 33.555 now $33.5000 21:00 IST $33.5000 10th September 16:05 IST Current price $33.635 12th September 20:05 IST Target achieved

19:58 IST Buy crude (Sept) 5241 ($94.75), Target $95.4 . Short below $93.9 20:27 IST Crude achieved target 21:00 IST $95.8 10th September 16:07 IST Current price $96.36

19:50 IST Short Gold (Dec) 32255 ($1734) $1725 (Check INR Price) 20:27 IST Now at $1737 21::00 IST $1735 10th September 16:08 IST Current price $1732.5 11th September Target achieved, low posted so far $1724.75

Trading Ideas 7th September

3:10 IST Buy JP Associates 65 PE at 1.5 SL 1 Target 2 10th September Target achieved

1: 30 IST Short Hindunilvr 536.5 Target 533 did not trigger on time, hence cancelled

1:25 IST Short IDFC 127.35 Target 126, 125 1:35 IST Current price 126.8 follow with TSL at cost. TSL triggered at cost

Update inprogress...

Nifty Technicals 7th September

After considerable rally in all global markets it is certain that Nifty will open gap-up, what we must look into is its sustainability. If Nifty manage to sustain above 5292, we can consider that Nifty may target 5383 in short-term. A failure at 5292 will keep down side open to 5190, 5000.

Nifty Support: 5220, 5210, 5190

Nifty Resistance: 5250, 5270, 5292

Dowjones Trading Call

Short Dow, now at 13278 SL 13328. Target: Follow position with Trailing Stop as cost after it reaches 50 points profit. This short is in anticipation of Dow making triple top pattern. 11th September Update: Recorded a high of 13322 and low of 13193 and then hit the Trailing Stop at cost (If not booked 85 points profit at 13193)...! 

Trading Ideas 6th September

11:30 IST Buy IDFC 123.6 Target 125 12:45 IST Current price 124.1 follow with TSL 1:20 IST Book profit at 124.6 made a high of 126.5 later

10:30 IST Buy Tata Steel 353 Target 357 12:55 IST Current price 354.1 follow with TSL 1:20 IST Book profit at 355

10:00 IST Buy SBI 1852 Target 1874 1:23 IST Book profit now at 1864 Target achieved later

Update inprogress....

Nifty Technicals 6th September

By closing above 5220-5210 range Nifty still left hopes of recovery but as long as it remain below 5250 the recovery is unsustainable. Today's ECB news at 6PM may keep Nifty directionless and in recent past Nifty is closing in red on almost all Fridays. So, keeping these two points in mind it is better to settle for a range bound with in 5190-5250 for this week. However individual stocks may offer better trading possibilities.

Nifty Support Levels: 5220, 5210, 5190

Nifty Resistance Levels: 5230, 5250, 5270

Stocks to watch for Long: Crompton Greaves, HDFC, Heromotocorp

Stocks to watch for Short: Bharti (If stays below 264)

September - Commodity Futures Performance

Update inprogress

Nifty Technicals - Broader Perspective

During the year 2012, so far, Nifty formed 2 triangle patterns and broke upside. First break happened around June 10th at 5050 (1 circle) and Nifty reached high of 5350 around July 10th. 2nd Break happened around 6th August at 5285 (2 circle) and Nifty reached a high of 5450 around 21st August. Now Nifty coming back to the 2nd Triangle's upper line (Circle 3) which is around 5210-20 area. If Nifty succeed to take support here and bounce the target may be near 5555. If Nifty fail at 5210, immediate next support placed at 5190 the lower line of the 2nd triangle. A break below 5190 will have next target placed at 5000. If Nifty break below 5190 then 1st Triangle's lower line and 2nd triangle's upper line will become 3rd triangle and in that case Nifty may struggle to go beyond 5250 or recent high near 5450. So from current level (5230) every 10points move has its significance. Cautiously optimistic above 5210 and -ve below 5190.

Trade Ideas 5th September

2:25 IST Buy Hindalco 100 CE at 4.6 Target 8 SL 3 1:00 IST closed at 5, high so far is 5.65

12:30 IST Buy Optocircuits 122 Target 124 1:10 IST Current price 123 follow with TSL 6th Sept 9:38 IST Booked profit at 125

12:30 IST Buy LT 1340-50 Target 1370 7th September 02:15 IST exit 1365, target also achieved

12:30 IST Buy Ultratech Cement 1675-80 Target 1690 6th September target achieved

9:30 IST Buy Axis Bank at 955-60 Target 974. 11:05 IST News: Morgan Stanley downgrades Axis Bank, hence exit. Current price 958

Update inprogress...

Nifty Technicals 5th September

By closing above 5272 Nifty turned its intra-day trend up with resistances placed at 5295, 5310 and supports placed at 5260, 5240, 5210. A sustained break below 5190 will turn Nifty short/medium term trend down. As long as Nifty remain between 5190-5385 it is range-bound market with buy on decline and sell on rallies strategy. Following and trading individual stocks with clear trend may be more profitable than trading nifty itself at this juncture.

Stocks to look for shorting Shri Renuka Sugar from 35, Chambal Fertilisers from 70...

Stocks to look for long Aban from 400, Bank of India from 350...

Trade Ideas for 4th September

12:10 IST Buy PantaloonR 135 Target 139 12:50 IST Current price 136.2 follow with TSL, low risk traders can book profit Some exited at 136.5 Current price 138 closer to target Target achieved on 5th, high was 140+

9:40 IST Buy Axis Bank 980 Target 993 Current price 986 follow with TSL Some exited at 990+

Update inprogress...

Nifty Technicals 4th September

By closing below 5255 Nifty is still showing its weakness with first resistance at 5280. on 3rd, even though global markets showing some strength Nifty weakened continuously throughout the day. This is indicating a test of 5210-5190 area is a strong possibility. A sustained break below 5190 completely turns Nifty short/medium term to -ve. A sustained break and close above 5385 turns Nifty trend to +ve. Between these two points it is range bound and sell on rallies and buy on dips. Individual stocks outperform  Nifty on either side, hence look for opportunities there!

Pick of the day for short: IRB Infra

Nifty Support levels: 5230, 5210, 5190

Nifty Resistance levels: 5255, 5280, 5310

Trading Ideas 3rd September

2:30 IST Buy LnT 1354 Target 1374 3:15 Closed at 1364

12:00 IST Buy Sesagoa 173 Target 177, 180 12:40 IST follow with Trailing Stop current price 173.6 Trailing Stop hit at cost

11:50 IST Buy Tata Steel 361 Target 368, 374 Open 4th Sept 10:10 IST Current price 363.3 follow with TSL exited at 367

10:00 IST Buy Jain Irrigation at 60 Target 64, 67, 70 10:20 IST Current price 61.4 Follow with Trailing Stop Intraday Traders booked profit at 62.9 1st Target achieved on 4th Exit, news flow not favorable.

Update inprogres...

September Indian Stock Trading recommendations

Note: 
1. Click on Date to see the details of trades on any particular day
2. Not all traders would not have earned the same profits shown here, as some will exit early with less profit for lesser risk on our advice or at their discretion. 
3. Profits earned are dependent on Capital Invested, number of recommendations traded and risk taken. Higher risk do not guarantee higher returns.
4. Not all traders can trade all our recommendation due to their Risk Profile and Capital Constraints.
5. Past performance is only a indicator and do not guarantee future returns. As Stock Markets are highly volatile, it is impossible for any one to predict all its moves. We, however, will take utmost caution to keep our subscribers profitable.

Date Stock Call Buy Sell Profit/Loss 1 lot  Profit Loss /Lot  Daily P/L 28/09/2012 JSW Steel Short 750 760              10.00 500                      5,000.00   Apollo Tyres Long 93 94.8                 1.80 2000                      3,600.00   ITC Long 270 274.5                 4.50 1000                      4,500.00                  13,100.00 27/09/2012 Nifty Options 50 70              20.00 50                      1,000.00   Reliance Long 836 841.5                 5.50 500                      2,750.00                    3,750.00 25/09/2012 Reliance Long 838 846                 8.00 500                      4,000.00                    4,000.00 24/09/2012 Jindalstel Short 440 448                 8.00 500                      4,000.00   Petronet Short 163 165                 2.00 2000                      4,000.00                    8,000.00 21/09/2012 JP Associates Short 83.3 83.3                     -      TSL Hit    Tata Motors Long 274 277                 3.00 1000                      3,000.00   Tata Steel Short 405 406                 1.00 500                          500.00   Axis Bank Short 1108 1098            (10.00) 250                    (2,500.00) 18/09/2012 LT Options 30 48              18.00 250                      4,500.00                    5,500.00   IDFC Options 3.7 5                 1.30 2000                      2,600.00                    7,100.00 17/09/2012 Tata Motors Options 4.9 10                 5.10 1000                      5,100.00                    5,100.00 14/09/2012 Tata Motors Long 268 272                 4.00 1000                      4,000.00   Relcapital Short 363 357              (6.00) 500                    (3,000.00)   Hindalco Short 114 115                 1.00 2000                      2,000.00   Essaroil Short 50 51.5                 1.50 4000                      6,000.00   SAIL Short 83.4 83.4                     -   2000  TSL Hit                     9,000.00 12/09/2012 Apollo Tyres Options 3.5 4.5                 1.00 4000                      4,000.00                    4,000.00 11/09/2012 Optocircuit Short 136.5 136.5                     -   1000  Open    TCS Short 1399 1399                     -   250  Open  08/09/2012 Chambalfert Short 68.3 69.35                 1.05 4000                      4,200.00   Jain Irrigation Long 60.6 62                 1.40 2000                      2,800.00                    7,000.00 07/09/2012 JP Associates Long 1.5 2                 0.50 2000                      1,000.00                    1,000.00   IDFC Short 127.35 127.35                     -   2000                                   -    TSL Hit  06/09/2012 IDFC Long 123.6 124.6                 1.00 2000                      2,000.00   Tata Steel Long 353 355                 2.00 500                      1,000.00   SBIN Long 1853 1864              11.00 125                      1,375.00                    4,375.00 05/09/2012 Hindalco Long 4.6 5                 0.40 2000                          800.00   Optocircuit Long 122 125                 3.00 2000                      6,000.00   L&T Long 1350 1364              14.00 250                      3,500.00   Ultratech Cem Long 1680 1690              10.00 250                      2,500.00   Axis Bank Long 960 960                     -   250                                   -                    12,800.00 04/09/2012 PantaloonR Long 135 136.5                 1.50 2000                      3,000.00  Target hit 139    Axis Bank Long 980 990              10.00 250                      2,500.00                    5,500.00 03/09/2012 L&T Long 1354 1364              10.00 250                      2,500.00   Sesagoa Long 173 173                     -   2000                                   -    TSL Hit    Tata Steel Long 361 367                 6.00 500                      3,000.00   Jain Irrigation Long 60 64                 4.00 2000                      8,000.00                  13,500.00 September Month Total          103,725.00