Adaniports

Buy Adaniports abv 214-215 SL SL 204 TGT 238 

(POSITIONAL) CASH

Dr. Reddy

Buy Dr. Reddy near 2990-2980 SL 2930 TGT 3097 (Cash )

Intraday Calls for 29-01-2016

(1) Sell Zeel below 411-412 SL 416 TGT 389 (Cash- level)

Intraday ICICI_ BANK

(1) Sell ICICI_ BANK  below 233 SL 239 Target  225-222  (Cash level)

Nifty Positional View

Positional View (Nifty_ )

Intraday (28-01-2016 ) & Positional View

(1) Short Asianpaint below 868 SL 882 840 (Cash level)

 Take position in Fut and keep the SL according to cash level .

Positional View on HDFC

Buy HDFC (Positional) near 1165-1155 SL 1118 Target  1240 (Cash level )

Intraday View for 27-01-2016

(1) Sell ICICI_ BANK  below 233 SL 239 Target  225-222  (Cash level)

(2)Sell nifty below 7420 sl7485 tgt 7355 and 7290 (Cash level)

(3) Buy jet airways @ 640 sl 630 target 667 (Cash level)

Note : Both  views are only for Intraday ..so when get profit plz book , and close before closing markets.

Positional View in Centurytex

Buy Ceunturytex  near 522-517 SL 490 TGT 572 (Cash level)

Only For Intraday (25-01-2016)

(1) Sell Sunpharma below 783 SL 796 Target 754 (Cash level)

 (2) Short Bhartiartl below 300-304 SL 312 Tgt 276 (Cash level)

Note : View is only for intraday, close your positions before closing market on 25-01-2016.

Nifty Wolfe Wave Study (Positional) 24-01-2016 To 29-01-2016

Nifty Wolfe Wave Study (Positional) 24-01-2016 To 29-01-2016

A complex and painful corrective wave is going to finishing bottom  (For the bottom  of 7236-7122)start buying  with the targets of minimum 7714-7721 spot and maximum of 7811 spot.  

Market will take support in between these levels(7236-7122 spot both are confluence zone- Buying point) and will rally towards 7721-7811 spot levels.  Only due to accumulations. Calls-puts, market is struggling in such a manner. From Monday to Friday if 7236 hold then upside will be start. If  a break of recent low of 7241-7236 spot and recent high of 7482 spot. The time factor is in the hands Option traders. 

Note: If 7241-7236 are break then market can drag towards 7127-7122 , here also Buying zone , and upper side if break 7482 then confirmation of uptrend . If closing come abv 7482 then accumulate Calls.

Trading View for 22-01-2016

  (1)    Buy Tatasteel abv near 234-35 SL 322 Target 252-259       Cash level.

  (2) Buy ACC  abv 1230 and if come near 1200 then add more SL 1181 Expected Target 1306 Cash level.

Note: plz book on ur comfortable zone now a days market has been much volatile .

ICICIBANK (Wolfe Wave Study)

Intraday 21-01-2016

Buy ICICIBANK @228-229 sl 216 tgt 243-255 cash level

Positional View

(1) Buy Yesbank  near 630-625 SL 611 Target 668 (Cash level)

(2) Buy Lupin abv 1690-1700 SL 1636 Target 1836 (Cash level)

Note:  Market is more volatile now days..so dont wait for our target ..please book on your                                 comfortable zone.

Positional View on LIC

Buy LIC 453-450 SL 440 TGT 466-496 Cash level

Nifty Option Risk Free

Buy 8000 CE 10-8 SL Target 100+ (Feb Series )

Intraday View 20-01-2016

Buy Axisbank abv 382-384 SL 366 Target 412 Cash level .

Positional in Banknifty

Positional long in Banknifty @15270 SL 14800 Tgt  16205 spot level.

Relinfra for Positional

Buy Relinfra abv 477-472 SL 461 TGT 506 Cash level

Intraday Calls 19-01-2016

Buy Tatamotors abv 343-341 SL 333 Target 361 Cash level.

Nifty Short tearm view

On 18-01-2016 : made low because of on Friday it formed the Bearish Engulfing.

Exit all short positions in a day or two or around 7282-7255  spot levels and wait for the break of 7255 spot for further down moves (Wait for closing ).

Hourly Support 7255 & Daily Support 7282-7267 Spot .

If took support around 7255 spot levels or above (plus or minus 35 points) concentrate on buying only.  I strongly feel that market is heading towards 7500-7600 range again .

Wipro & Kotakbank

 (1) Buy Wipro near 536-528 SL 516 Target 558-569 (Cash level).

(2)  Buy Kotakbank abv 686-688 SL 658 Target again 730 (Cash level).

  Note : In Kotakbank - If SL trigger then exit immidiate and revers your position  because it trading near the 5th corrective wave and taking the support near 660-658.If start trading below the more fall can see towards 635-621.
Market is very volatile so , if you enter in profit zone please book and dont wait for our expected target.

Intraday Calls for 15-01-2016

  (1)  Short TECHM below 528 SL 540 Target 483 (Cash level)

  (2)Buy RELCAPITAL abv 401-402 SL 386 Target 439 (Cash level)

Note: When get profit please book.

Result Special of 15-01-2016

(1) Buy Zeel around 407-400 with SL 387 Target  439-461 (Cash level)

               Buy 420 CE near 9-8 expected target 27 , & you can hedge your position with 400 PE 

Infy Sell below 1140 with SL 1059 Closing base

Nifty Positional View

Now trade lightly & try to grab profit step by step, 

Intraday and Positional View

  (1)  Short JSWSTEEL near or below 1020 and add more Shorts 1038 For Target 955 with SL 1046
(Cash level)

(2) Buy Cipla near 600-595 SL 587 Target 621-631 (Cash level).

Reliance Infra : Option Strategy based on Technicals

 Note ::     Buy Rel Infra 540 PE abv 9-8 and , you can hedge your positions with 560 CE . 

Again in Indusind Bank

Again long taken @908.20 SL 902 (Closing based ) target will be same 972+++

Nifty View.

Trend is decided by Dow Theory.  Wave Theory will tell the direction clearly.  

Lot of people are confused about the recent falls.Prediction of lower levels scares people. We are analysts and so we have to present that picture which the charts show us.

Nifty broke the Trend line (ABC Pattern) on 11-01-2016 but it failed to close  below 7500 (Physiological level) and moved to 7605 spot levels. The movement looks Impulse in hourly time frame .  

First I was of the view it would break 7500 levels.  But sometimes Market may treat that break as a false break-out.  In this scenario if it fails to break 7489 spot once again in the next 2-3 days, then, we can expect a move towards  of 7682-7736 spot levels but confirmation is needed. 

Confirmation points: 

1. Without any major retracement, the up move  should be rapid like today with heavy volumes. 

2. It should break all the below mentioned resistance  with force. 

3. Break of 7555 spot.

Hence use 7489 spot as the stop loss for all longs and Call options. If the speedy fall continues, then exit from longs and go short for further down move till 7402-7382. Without breaking 7489 spot, if starts to move very swiftly upwards we can assume this as an resumption of an up trend. 

TCS (Chart is only Study Purpose)

If any one take positions, then keep the tight SL* (Contact to Admin).

Indusind Bank

Buy Indusind Bank abv 936-937 SL 918 TGT 972-1004 Cash level (High - Risky trade ) Due to result , so trade lightly .

Note:: On 12-01-2016, Result will announce, and its now trading on 4th wave, (918) is strong support, If breach the exit.

Zeel (Cash level)

Buy Zeel (Cash_ level) near 407-400 SL 387 Target 441.

Bajaj_ Auto (Option)

Buy Bajaj_ Auto 2200 PE near 8-6 SL 0 Target  24-32.

Note : Maximum loss =1600 Rs.

INFY (Cash level)

INFY

Intraday (08-01-2016) and Positional

Short TATACHEM (Cash level) below 402 SL 417 Target 369

Note:: When get profit please book .

Axis_ Bank

Buy Axis_ Bank (Cash level) near 399-391 SL 383 Target 429.

Intraday (07-01-2016) and Position View

1. Buy CIPLA (Cash _ level) near 648 with SL 638 Target 667.

2. Sell Arvind (Cash_level) near 354 SL 366 Target 340.

  Note:When get profit please book .

Positional BPCL

Buy BPCL (Cash level) near 891-888 SL 874 Target 924-948 

Adaniports Positional

Adaniports

When get profit please book .

Positional View in Bank_ Nifty.

Positional View  in Bank_ Nifty.

"Use the Rally Sell on Rise"

Nifty Positional View

Nifty Positional View

Nothing has changed.  Daily Oscillators and Indicators  are going to convert in to  Bearish mode.  Moving average crossover is about to happen.(Bullish)  I am very much frustrated to write about the same levels each and every week. (Buy above 7989 spot)

On Monday (05-01-2016) huge  PUTS are  longs were added and properly eliminated on Friday.  On Friday huge shorts created and I hope those will be eliminated by gap down opening on Monday.

Expect some volatile down move in the early part of the week.  small traders avoid trading and avoid taking huge overnight positions for the first two days. Then from  Tuesday or Wednesday market will certainly give us  a clear move. 

Invalidation points : 7989 spot for Up move and 7702 spot is for the down move.

 Sell on rise till 7859-7889 with SL 7989 Expected Target 7482( More Confirmation below 7702 , Closing below this level -1st Alert !!!! ).

Hyderabad Workshop.

Bata India Positional

 Short Bata_ India below 505 SL 518 Target 487-468.(Cash level)

Positional View of Banknifty_ Kotakbank & SBIN.....

Bank_ Nifty 

Kotak_ Bank 

SBIN

Wish You Happy New Year 2016.