Position Update
Open calls : 1) BN Future at 11080 2) Sesa Goa in Cash at 329 3) Nifty 5500 Puts at 25.6 Positions exited today : 1) Unitech at 85.3 2) Sterlite at 160
Trade Alert : Sesa Goa
Description : Buy Sesa Goa at 329 Sl : 312 Target : 346/ 366 Sesa Goa seems to have balanced and moving up now.
Trade Alert : Nifty Puts
Buy Nifty 5500 put at 25.6. No Stop Loss. This is a hedge for our BN Longs.
EOD report for 18th Aug.
Hello. Let’s begin by looking at the charts of the Nifty and the Bank Nifty future. The Nifty had a slowish start to the day, but it was building up to the violent break out we would see in the afternoon. The Bank Nifty broke below value high to move to value low, where it […]
EOD report of 17th Aug
It’s Viren, back with an EOD report of today’s action. It was a frustrating day of action for us in the markets, as there was no clear direction and a lot of whip-saws through the day. Have a look. The Nifty demonstrated it’s respect for value areas by returning back from Value area low of […]
Weekly watchlist
I want to begin by thanking Girish for his wonderful trading ideas posted on the blog last night. I also want to encourage all of you to post. Should you have a trade- able idea or some analysis you wish to share, please shoot me a mail and I will grant the access. I will […]
EOD report for 16th Aug.
Hello there. We had an extremely good day trading the markets with the volatility helping us to some good profits in our positional and intra day calls. Let’s have a look at the charts. The market behaved a bit deceptively in the morning for us. It turned 0.15 paise from a short call in the […]
Short watch on 3 stocks: TATAMOTORS, LICHSGFIN, BANKINDIA
Well – don’t want to be biased on long side. So to balance out for the 3 long watch posted below, here are 3 stocks for short watch. Some profit booking seen in all three but that doesn’t mean they will have to fall right away.. 1. TATAMOTORS: 5% OI cut on Friday. Profit booking? […]
Watch for 3 long ideas: FEDERALBNK, ESSAROIL, ICSA
Well — all three of these are in the ‘watch’ category as all of them seem to be consolidating in a narrow range after a fall in late July. 1. FEDERALBNK: OI up 25% in last 2 days with a price increase from 322 to 332. Currently @Weelky POC. If it can cross 335 then […]
Emerging Markets
Viren here. I was just doing a weekend check on global markets. I want to share with you a chart I see often abour global induces. These are global ETF’s as they are traded on the NYSE, and tend to follow the individual stock markets of the countires they represent. For example IFN is an […]