Stockwatch for Week of 6th Sep to 10th Sep
Here is my list: Potential long candidates: 1. SINTEX – 21% OI increase on Friday. Longs for sure. Long above 377 with SL @371 – positional – Intra Stop loss of 374. If it gives a breakout target can be 415-420 2. PTC – Recently had a very good development. Its subsidiary PFS has been […]
Weekly Report
Girish our resident Open Interest analyst, has done an excellent post on the Open Interest configuration in this post here earlier this morning. We believe that Options traded on the NSE are institution driven and a change in the Open Interest (or a lack of) can have pointers to the general market direction. Let’s marry […]
Position Update : 2nd Sept
*** NEW TRADES *** FUTURES: *Buy Bank Nifty at 10955, stop and reverse at 10875, TGT 11039. AIAT Trade. *Buy MINI Nifty at 5488, stop and reverse at 5454, Tgt open. AIAT Trade *** OPEN TRADES *** STOCKS * SESA GOA : Buy Price 328, Sl 312, tgt 366.* Reliance : Buy Price 966, Sl […]
EOD report for 2nd Sept
After a strong upmove yesterday, the Nifty rested trading control intraday between buyers and sellers. It been a 100 point move from yesterday’s lows to today’s highs, and the pause was called for. We expected it as it was a “2i” day, where generally the highs are made in the first two hours of trading. […]
Position Update : 1st Sept
*** NEW TRADES *** STOCKS Buy Hindalco 169.4, Sl 162. tgt 177. *** OPEN TRADES *** STOCKS * SESA GOA : Buy Price 328, Sl 312, tgt 366.* Reliance : Buy Price 966, Sl —, tgt 996.* Hindalco : Buy Price 169.4. Sl 162, tgt 177. *** CLOSED TRADES *** STOCKS Nil *** INTRA-DAY TRADES […]
Value areas & HVN’s
For those of you who have been following this blog for some time now, would have noticed that Market profile is a little more than knowing three values each day. Yes, we do get a lot of requests for value areas everyday, but knowing how to use them at the right moment is more important […]
Long watch – Sep 1st
INDIACEM: Some amount of shorts covered in last few days. Getting support at Monthly VWAP. I have taken longs in cash market at 105-106 – My stop loss is 98. Futures position can be considered above HVN/Monthly VAH of 109 with stop loss at 106/107 Also in general cement sector is looking positive with AMBUJACEM […]
Omnovia
Dear Friends, We seem to be having a technical difficulty over an upgrade to our trading room at Omnovia. Please bear with us till we sort out the issue. I will advise you on the progress through email. Please keep checking back. Best wishes, Shai.
EOD report on 30th Aug
As expected after the strong US close, the market gapped up big at the open this morning, very close to the HVN at 5465 we have been tracking from well over a week. Infact it was to be the high of the day. Ideally it was the perfect opportunity to set up a short at […]
Position Update : 30th Aug
*** NEW TRADES *** STOCKS None *** OPEN TRADES *** STOCKS * SESA GOA : Buy Price 328, Sl 312, tgt 366. * Reliance : Buy Price 966, Sl 946, tgt 996. *** CLOSED TRADES *** STOCKS Nil *** INTRA-DAY TRADES *** * Buy Bank Nifty Future at 10810, Sl 10785, TGT 10860. Exited at […]