Market Review for 2nd November 2015

Nifty (8066) we said ‘technically the market still looks weak and some more downside not ruled out’ the market unfolded as weak as expected and has closed in the red…technically some more downside to around 8000 is not ruled out…stiff resistance 8200    

The support for Nifty is it 8050-8000 and the resistance to the up move is at 8200

Nifty Spot :All Eyes on 8153 ,resistance at 8168

If CROSSES & Stays above 8168 will take to 82229 level.

2 Consecutive close below 8135 will take Nifty Spot to 8014—————————-7974 level

Trading Strategy For 30th Oct’2015.Down Targets 8075-8029.On Rise ,Sell Sell Sell

Good trading is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.

You need to believe in something, but at the same time, you are going to be wrong a considerable number of times.The balance between confidence and humility is best learned through extensive experience and mistakes.There should be a respect for the person on the other side of the trade.Always ask yourself: Why does he want to sell? What does he know that I don’t?Finally, you have to be intellectually honest with yourself and others. In my judgement, all great traders are seekers of truth.

Last Close : 8142.70 ( Nov )

Crucial Support & Down Targets……………………………….8075——-8029 

Minor Support at 8093 level.

3DEMA @ 8165 ,7DEMA @ 8200

idbi bank

Traded @ BSE/NSE (500116)
Target : 100+

Go for this.....!!!

IDBI Bank Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 14,275.24 Cr.) operating in Banks sector.
IDBI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 20829.77 Cr to Interest Income (73.98% of Total Interest Income),Income From Investment which contributed Rs 7209.80 Cr to Interest Income (25.60% of Total Interest Income),Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 69.35 Cr to Interest Income (0.24% of Total Interest Income),Interest which contributed Rs 45.07 Cr to Interest Income (0.16% of Total Interest Income), for the year ending 31-Mar-2015. The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 14112.18 Cr. (6.64% of total assets) and Net Non Performing Assets (Net NPAs) of Rs 6496.17 Cr. (3.18% of total assets).
For the quarter ended 30-Jun-2015, the company has reported a Standalone Interest Income of Rs. 5323.14 Cr., down -1.37% from last quarter Interest Income of Rs. 5396.96 Cr. and up 5.94% from last year same quarter Interest Income of Rs. 5024.54 Cr. Company has reported net profit after tax of Rs. 135.18 Cr. in latest quarter.

Buy @ 89 - 89.50
Today's Target: 93.50 - 95+
Ultimate Target : 100+
SL : 83

trf limited

Traded @ BSE/NSE (505854)
Target : 500+

This, Counter has all qualities to become, Rocket from, these Levels.
Go for this....
TRF Limited, established in 1962, is part of the Tata Group of Companies which consists of more than 90 enterprises operating in seven business sectors, in over 80 countries. The Tata Group, founded in the last quarter of the 19th century, at a time when India had just embarked on the road to independence, is committed to aligning its business opportunities with nation building activities.

Over the last five decades, TRF has emerged as a pioneer in solutions for material handling equipment and processing systems required in the infrastructure development. In the quest for rapid growth, TRF has also diversified into automotive applications business. It envisages to grow five times in five years and become a Rs 2500 crore Company by 2013 by enhancing focus on material handling business and auto applications business. 






Buy @ 330 - 335
Today's Target : 360 - 375+ 
Ultimate Target : 500+
KEEP SL : 300

Over Trading is One of the main Reason :95% of Traders are Losing Money-Look This Picture

BANK NIFTY -Last Hope at 17269.If Revives Sell Sell.

Yes ,All Eyes on 17355————–17269 !

Yes ,Now 2 Consecutive close below 17269 level will take Bank Nifty to 17012———-16926 level.

Today if not breaking low of 17310 level then ?

Hurdle & Target :17493———17539

Trading Strategy For 29th Oct’2015.Nifty Future…Any Rise Sell.Below 8131,Sharp PANIC .8218-Major Hurdle

Below 8131 level if trades with volumes for 15-20 minutes……………….Then ??

Target :8093——– 8073———————-8050 in hrs only

sasken communications

Traded @ BSE/NSE (532663)
Target : 350+

Go for this.....!!!
Sasken Communication Technologies Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 521.27 Cr.) operating in Information Technology sector.
Sasken Communication Technologies Ltd. key Products/Revenue Segments include Software Services which contributed Rs 343.44 Cr to Sales Value (99.04% of Total Sales), Software Products which contributed Rs 3.33 Cr to Sales Value (0.95% of Total Sales), for the year ending 31-Mar-2015.
For the quarter ended 30-Sep-2015, the company has reported a Standalone sales of Rs. 106.16 Cr., up 17.80% from last quarter Sales of Rs. 90.12 Cr. and up 19.96% from last year same quarter Sales of Rs. 88.50 Cr. Company has reported net profit after tax of Rs. 16.21 Cr. in latest quarter.

Buy @ 297 - 300
Today's Target: 315 - 325
Ultimate Target : 350
SL : 270

take solutions

Traded @ BSE/NSE (532890)
Target : 250+

This, Counter has all qualities to become, Rocket from, these Levels.
Go for this....
Take Solutions Ltd., incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 2193.41 Cr.) operating in Information Technology sector.
Take Solutions Ltd. key Products/Revenue Segments include Software Services which contributed Rs 25.89 Cr to Sales Value (100.00% of Total Sales), for the year ending 31-Mar-2015.
For the quarter ended 30-Jun-2015, the company has reported a Standalone sales of Rs. 3.91 Cr., down -41.15% from last quarter Sales of Rs. 6.64 Cr. and down -57.61% from last year same quarter Sales of Rs. 9.22 Cr. Company has reported net profit after tax of Rs. 0.99 Cr. in latest quarter.

Super Thursday : Super Stock
Go for this, TAKE SOLUTIONS.


New, Beginning of TAKE SOLUTIONS.
It'll ROCKS, Like Anything.




Buy @ 182 - 183
Today's Target : 197.50 - 210+ 
Ultimate Target : 250+
KEEP SL : 170

nifty outlook for 29-10-15

THE TECHNICALITY ·  · Resistances on NIFTY are 8183 / 8209 / 8242. · Support Levels for NIFTY are 8132 / 8089 / 8051. · Leg 'c' decline commenced last Monday, which is now confirmed with the break of 8217 yesterday. · This decline wave may complete in 3 phases. So any up move will be corrective in nature within the 2nd corrective. · The Indian Stock market did not react much on the global upsurge while the bias & momentum is negative. · Basically, some more time left till we witness a trended bull market as we are still in the 2ndcorrective phase. · Good Luck..

THE OUTLOOK · Higher levels should be considered as a short sell opportunity as we have been doing the same successfully since last week & in particular since last 3 trading sessions. · Finally we got a noticeable decline yesterday as expected which should continue further in phases. Intra day upside may be witnessed due to the oversold parameters only to resume the decline. · Focus on stock specific trading on a positional basis as many frontline stocks have developed extreme wave patterns, some favour the bulls while some favouring the bears. · Option trading should be the most rewarding strategy at the moment. · Volatility is a regular expiry day phenomena. · Happy Trading..

market whispers for 29-10-15

Bazaar Gossip 29th Oct -2015

EDELWIES may go above the level of 66 also in short term. COX & KINGS may goabove the level of 270 also in short term. PEL may go above the level of 1020 also in short term. KPIT may go  above the level of 148 also in short term.

acc & divislab

	DIVISLAB -  Good  for 1124
	DIVISLAB is ruling around the level of 1107 and may rise to the level of  1124 in any case in short term
	ACC-  Good  for 1425
	ACC is ruling around the level of 1400 and may rise to the level of  1425 in any case in short term

Headlines ------ 29th Oct -2015

	MARKET MOVEMENT
	Watch 27000, break may be serious but above this, no risk?---- Level of 27000 will now be crucial. We have written on 27500 level that this may be difficult to be crossed over and profit booking will hit and it happened. Now over 27000, we find no risk of further fall but below it may be weak for 26800 also. Index will again touch 30000 before the end of this year but no one know whether it will return from25000 or any other level but 25000 is the lowest!(these lines were posted by us in May 2015 and on 24th Aug, we have seen major bloodshed in Dalal Street at a very close level of  25000. 30000 is yet to be seen. On 7th Sep 2015, index went below 25000 confirming our calculations and predictions)  Markets may open flat  for today and may remain good only over 27000 for the day. Break below 27000 may take it to 26800 and below also in any case. But above 27000, it remain good for 27200 also. Trading plan for today- Select IT stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8170 for the target of 8220 and above. Sell below 8170 for the target of 8120 and below POWER stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---TITAN
	TITAN is ruling around the level of 350 and look to be good for the target of 360  in any case in short termand 400 in long term

Successful Trend Following Trader Ed Seykota -5 Trading Rules

Market Review for 29th October 2015

Nifty (8171) we said ‘technically a big move is expected either up or down…but 8347 also is a stiff resistance to deal with’ the market had a big move as expected and it was down…we are now into an F&O expiry and the market still looks down with stiff resistance around 8250  

The support for Nifty is it 8150-8050 and the resistance to the up move is at 8250-8347

Bank Nifty-Last Hope 17269.Next Non stop Target :17012-16926.

As Expected it’s Bloodbath !

Now at 17332 

Last hope @ 17269 level.

Break below 17269 level……………………will take to 17012————16926 level in PANIC !

All RATE CUT ………….Effect gone ??Jokersssssssssssssssssssssssssssssss

Financial Journalism in 1848 (and not 2015, we hope )

manugraph india

Traded @ BSE/NSE (505324)
Target : 70+

Go for this.....!!!
Manugraph India Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 129.87 Cr.) operating in Engineering sector.
Manugraph India Ltd. key Products/Revenue Segments include Printing Machines which contributed Rs 185.74 Cr to Sales Value (86.18% of Total Sales), Accessories & Spares which contributed Rs 17.45 Cr to Sales Value (8.09% of Total Sales), Service (Erection Charges) which contributed Rs 6.85 Cr to Sales Value (3.17% of Total Sales), Other Operating Revenue which contributed Rs 3.36 Cr to Sales Value (1.55% of Total Sales), Export Incentives which contributed Rs 1.11 Cr to Sales Value (0.51% of Total Sales), Traded Goods which contributed Rs 1.01 Cr to Sales Value (0.47% of Total Sales), for the year ending 31-Mar-2015.
For the quarter ended 30-Sep-2015, the company has reported a Standalone sales of Rs. 85.96 Cr., up 167.45% from last quarter Sales of Rs. 32.14 Cr. and up 45.10% from last year same quarter Sales of Rs. 59.24 Cr. Company has reported net profit after tax of Rs. 9.31 Cr. in latest quarter.


Buy @ 43.50 - 44
Today's Target: 15 to 18% Jump.
Ultimate Target : 70+
SL : 40

bf utilities

Traded @ BSE/NSE (532430)
Target : 700+

This, Counter has all qualities to become, Rocket from, these Levels.
Go for this....
BF Utilities Ltd., incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 2216.74 Cr.) operating in Power sector.
BF Utilities Ltd. key Products/Revenue Segments include Wind Power Generators which contributed Rs 20.63 Cr to Sales Value (87.91% of Total Sales), Renewable Energy System which contributed Rs 2.83 Cr to Sales Value (12.08% of Total Sales), for the year ending 30-Sep-2014.
For the quarter ended 30-Jun-2015, the company has reported a Standalone sales of Rs. 6.12 Cr., up 342.27% from last quarter Sales of Rs. 1.38 Cr. and up 17.73% from last year same quarter Sales of Rs. 5.20 Cr. Company has reported net profit after tax of Rs. 1.48 Cr. in latest quarter.

Super Wednesday : Super Stock...



It's like New-Beginnings for BF-UTILITIES
This counter, looks Superb on Charts...
Yesterday's Ruling is Highly positive for BF-UTILITIES,
Thus, from these Levels, IT CAN BECOME Rocket.




Buy @ 590 - 591
Today's Target : 635 - 650+ 
Ultimate Target : 700+
KEEP SL : 550

Trading Strategy For 28th Oct’2015 .All Eyes on 8334.If Revives Sell Sell Sell

Developing enduring confidence in your real-time trading skills and abilities doesn’t come overnight. It’s a process. And, it’s the process of ‘getting there’ that we focus on to improve and to “be a good trader.”Confidence comes from mastering the various skills needed to read the market, execute and manage trades. Mastering these skills and abilities is the process of trading and it is this process that brings about confidence.Confidence really doesn’t come from more winning trades. In fact, more winning trades come from a dedicated focus on the process.

Last Close : 8244

Decisive Break with volumes below 8334 …..Yes ,should sustain for 15-20 minutes …..Then ?

All round PANIC up to  8269————–8247 level in hrs only.

Hurdles at 8279—–8292.

Market Review for 28th October 2015

Nifty (8233) we said ‘technically now 8347 is a stiff resistance…and there is a good chance if some more profit booking is not ruled out’ the market traded weak and has closed in the red…technically a big move is expected either up or down…but 8347 also is a stiff resistance to deal with…

The support for Nifty is it 8207-8150-8050 and the resistance to the up move is at 8347

Bank Nifty-Below 17771,Sharp Intraday PANIC.Sell HDFC ,YES BANK ,Sell PSU Bank Stocks.HDIL–Bloodbath on card

Last Close : 17818.75

Watch 17771 as Crucial Support.

Decisive Break with volumes and stays below will take to 17681—————-17651 level in panic.

Below 517 level if trades with volumes :It can slide up to 509————————506.

Below 506,Watch Panic upto 498-495 level !

Hurdle at 534—537

After Result if stock sustains above 527 level for 15-20 minutes with huge volumes…..then only think RESULTS are Great.

Next Target you will see 553—–562 level.

Watch :1300————————–1287 as support and Down Target.

If Breaks 1287 with volumes and stays below for 15-20 minutes ,Watch BLOODBATH up to 1249 level.

Below 748 level…………………..REMAIN SHORT.

Target :737—–734—————————There after ???

BIG PANIC SELLING…………………….on card.

CANARA BANK ,ANDHRA BANK ,UCO BANK ,IOB……………….Sell this stock in TONS TONS TONS

Below 73.75…………………………..??

Sell in TRUCK LOAD ,Watch PANIC PANIC up to 70—–68.75 & there after ????