Tuesday, April 28, 2009

For 29 April

Long Side
  1. Buy NIFTY Spot @ 3444 SL=3423 Targets=3454, 3490, 3500, 3518, 3532, 3546,
  2. Buy RELIANCE Spot @ 1778 SL=1767 Targets=1783, 1801, 1806, 1815, 1823, 1830,
  3. Buy SBI Spot @ 1282 SL=1271 Targets=1289, 1308, 1315, 1325, 1333, 1341,
  4. Buy EDUCOMP Spot @ 2539 SL=2500 Targets=2562, 2636, 2659, 2696, 2726, 2756,
  5. Buy ONGC Spot @ 845 SL=840 Targets=847, 855, 857, 861, 864, 867,
  6. Buy ICICIBANK Spot @ 461 SL=455 Targets=465, 475, 479, 484, 488, 493,
  7. Buy RELINFRA Spot @ 707 SL=697 Targets=714, 734, 740, 751, 759, 767,
  8. Buy RELCAPITAL Spot @ 531 SL=522 Targets=536, 553, 558, 566, 573, 580,
  9. Buy DLF Spot @ 242 SL=238 Targets=244, 251, 254, 257, 261, 264,
  10. Buy ABAN Spot @ 426 SL=419 Targets=430, 444, 448, 454, 460, 465,
  11. Buy BHEL Spot @ 1659 SL=1644 Targets=1667, 1693, 1701, 1714, 1725, 1736,
  12. Buy INFOSYSTCH Spot @ 1457 SL=1448 Targets=1462, 1477, 1481, 1489, 1495, 1501,
  13. Buy NTPC Spot @ 188 SL=187 Targets=188, 190, 191, 192, 193, 193,
  14. Buy BHARTIARTL Spot @ 741 SL=735 Targets=745, 755, 759, 764, 768, 773,
  15. Buy ITC Spot @ 191 SL=190 Targets=192, 194, 195, 196, 196, 197,
  16. Buy LT Spot @ 911 SL=902 Targets=916, 933, 938, 946, 953, 959,
  17. Buy ABB Spot @ 492 SL=489 Targets=495, 501, 503, 507, 509, 512,
  18. Buy HDFCBANK Spot @ 1112 SL=1102 Targets=1118, 1136, 1142, 1151, 1159, 1167,
  19. Buy TATASTEEL Spot @ 251 SL=247 Targets=254, 261, 263, 267, 270, 273,
  20. Buy MARUTI Spot @ 815 SL=809 Targets=817, 827, 829, 834, 838, 841,
  21. Buy TATAMOTORS Spot @ 246 SL=242 Targets=248, 254, 256, 259, 261, 264,
  22. Buy WIPRO Spot @ 326 SL=323 Targets=328, 332, 334, 336, 339, 341,
  23. Buy BANKNIFTY Spot @ 5156 SL=5104 Targets=5185, 5279, 5308, 5355, 5393, 5431,
Short Side
  1. Sell NIFTY Spot @ 3412 SL=3429 Targets=3398, 3380, 3369, 3334, 3323, 3305, 3291, 3277,
  2. Sell RELIANCE Spot @ 1762 SL=1770 Targets=1754, 1745, 1740, 1722, 1717, 1708, 1701, 1693,
  3. Sell SBI Spot @ 1264 SL=1274 Targets=1256, 1246, 1240, 1220, 1214, 1204, 1196, 1188,
  4. Sell EDUCOMP Spot @ 2472 SL=2504 Targets=2442, 2405, 2382, 2308, 2285, 2248, 2218, 2188,
  5. Sell ONGC Spot @ 838 SL=842 Targets=835, 831, 829, 821, 819, 815, 812, 809,
  6. Sell ICICIBANK Spot @ 452 SL=456 Targets=447, 442, 438, 428, 424, 419, 415, 410,
  7. Sell RELINFRA Spot @ 689 SL=698 Targets=681, 670, 664, 644, 638, 627, 619, 611,
  8. Sell RELCAPITAL Spot @ 516 SL=523 Targets=510, 501, 496, 479, 474, 466, 459, 453,
  9. Sell DLF Spot @ 235 SL=238 Targets=232, 228, 226, 218, 216, 212, 209, 206,
  10. Sell ABAN Spot @ 415 SL=420 Targets=409, 403, 399, 385, 381, 375, 370, 364,
  11. Sell BHEL Spot @ 1635 SL=1647 Targets=1624, 1611, 1603, 1577, 1569, 1556, 1545, 1534,
  12. Sell INFOSYSTCH Spot @ 1444 SL=1451 Targets=1438, 1430, 1425, 1411, 1406, 1398, 1392, 1386,
  13. Sell NTPC Spot @ 186 SL=187 Targets=185, 185, 184, 182, 181, 181, 180, 179,
  14. Sell BHARTIARTL Spot @ 731 SL=736 Targets=727, 722, 718, 708, 704, 699, 695, 690,
  15. Sell ITC Spot @ 189 SL=190 Targets=188, 187, 187, 185, 184, 183, 182, 181,
  16. Sell LT Spot @ 896 SL=904 Targets=890, 882, 876, 860, 855, 847, 840, 833,
  17. Sell ABB Spot @ 486 SL=490 Targets=484, 480, 478, 472, 469, 466, 463, 461,
  18. Sell HDFCBANK Spot @ 1095 SL=1104 Targets=1087, 1078, 1072, 1054, 1048, 1039, 1031, 1023,
  19. Sell TATASTEEL Spot @ 245 SL=248 Targets=242, 238, 236, 228, 226, 222, 219, 216,
  20. Sell MARUTI Spot @ 806 SL=811 Targets=803, 798, 795, 786, 783, 778, 775, 771,
  21. Sell TATAMOTORS Spot @ 240 SL=243 Targets=238, 235, 233, 226, 224, 221, 219, 216,
  22. Sell WIPRO Spot @ 322 SL=324 Targets=319, 317, 315, 311, 309, 307, 305, 302,
  23. Sell BANKNIFTY Spot @ 5071 SL=5113 Targets=5033, 4986, 4956, 4862, 4833, 4786, 4748, 4710,
5 DSMA OF VIX IS 51 SO NO POSITIONAL TRADES.

For 28 April

Long Side
  • Buy NIFTY Spot @ 3498 SL=3483 Targets=3505, 3529, 3537, 3549, 3558, 3568,
  • Buy BANKNIFTY Spot @ 5227 SL=5183 Targets=5250, 5327, 5351, 5389, 5420, 5451,
Short Side
  • Sell NIFTY Spot @ 3476 SL=3489 Targets=3467, 3455, 3447, 3423, 3416, 3404, 3394, 3385,
  • Sell BANKNIFTY Spot @ 5157 SL=5193 Targets=5126, 5088, 5064, 4987, 4964, 4925, 4894, 4863,

Monday, April 27, 2009

For 27 April

Long Side
  • Buy NIFTY Spot @ 3470 SL=3454 Targets=3478, 3504, 3512, 3525, 3536, 3546,
Short Side
  • Sell NIFTY Spot @ 3447 SL=3461 Targets=3437, 3424, 3416, 3390, 3382, 3369, 3359, 3348,

Friday, April 24, 2009

For 24 April

Long Side
  1. Buy NIFTY Spot @ 3409 SL=3387 Targets=3421, 3459, 3470, 3489, 3505, 3520,
  2. Buy RELIANCE Spot @ 1756 SL=1743 Targets=1763, 1786, 1794, 1805, 1814, 1824,
  3. Buy SBI Spot @ 1262 SL=1249 Targets=1269, 1292, 1300, 1311, 1321, 1330,
  4. Buy EDUCOMP Spot @ 2579 SL=2537 Targets=2604, 2685, 2710, 2750, 2782, 2815,
  5. Buy ONGC Spot @ 860 SL=855 Targets=863, 872, 875, 879, 883, 886,
  6. Buy ICICIBANK Spot @ 423 SL=417 Targets=426, 437, 440, 446, 450, 454,
  7. Buy RELINFRA Spot @ 704 SL=695 Targets=709, 725, 730, 737, 744, 750,
  8. Buy RELCAPITAL Spot @ 526 SL=520 Targets=530, 541, 545, 551, 555, 560,
  9. Buy DLF Spot @ 236 SL=233 Targets=238, 243, 245, 248, 250, 252,
  10. Buy ABAN Spot @ 459 SL=452 Targets=462, 475, 479, 485, 490, 495,
  11. Buy BHEL Spot @ 1613 SL=1603 Targets=1618, 1636, 1641, 1650, 1657, 1663,
  12. Buy INFOSYSTCH Spot @ 1435 SL=1419 Targets=1445, 1475, 1484, 1499, 1511, 1524,
  13. Buy NTPC Spot @ 191 SL=190 Targets=192, 194, 194, 195, 196, 197,
  14. Buy BHARTIARTL Spot @ 716 SL=710 Targets=720, 730, 734, 739, 743, 748,
  15. Buy ITC Spot @ 190 SL=190 Targets=191, 191, 192, 192, 192, 192,
  16. Buy LT Spot @ 861 SL=851 Targets=866, 884, 889, 898, 905, 912,
  17. Buy ABB Spot @ 502 SL=498 Targets=504, 512, 514, 517, 520, 523,
  18. Buy HDFCBANK Spot @ 1092 SL=1086 Targets=1095, 1105, 1108, 1113, 1117, 1121,
  19. Buy TATASTEEL Spot @ 260 SL=256 Targets=262, 270, 273, 277, 280, 283,
  20. Buy MARUTI Spot @ 799 SL=787 Targets=805, 827, 833, 844, 853, 861,
  21. Buy TATAMOTORS Spot @ 244 SL=241 Targets=246, 251, 252, 255, 257, 259,
  22. Buy WIPRO Spot @ 311 SL=305 Targets=314, 325, 328, 334, 338, 343,
Short Side
  1. Sell NIFTY Spot @ 3375 SL=3394 Targets=3360, 3341, 3329, 3292, 3280, 3261, 3246, 3231,
  2. Sell RELIANCE Spot @ 1735 SL=1746 Targets=1726, 1715, 1708, 1684, 1677, 1666, 1657, 1647,
  3. Sell SBI Spot @ 1241 SL=1252 Targets=1232, 1220, 1213, 1190, 1183, 1171, 1162, 1152,
  4. Sell EDUCOMP Spot @ 2507 SL=2542 Targets=2474, 2434, 2409, 2329, 2304, 2264, 2231, 2199,
  5. Sell ONGC Spot @ 852 SL=857 Targets=849, 844, 842, 833, 830, 826, 822, 818,
  6. Sell ICICIBANK Spot @ 413 SL=418 Targets=409, 404, 400, 390, 386, 381, 377, 373,
  7. Sell RELINFRA Spot @ 689 SL=696 Targets=683, 675, 670, 654, 649, 641, 635, 628,
  8. Sell RELCAPITAL Spot @ 516 SL=521 Targets=511, 505, 502, 490, 487, 481, 476, 472,
  9. Sell DLF Spot @ 232 SL=234 Targets=229, 227, 225, 220, 218, 215, 213, 211,
  10. Sell ABAN Spot @ 447 SL=453 Targets=442, 436, 432, 420, 416, 410, 405, 400,
  11. Sell BHEL Spot @ 1598 SL=1606 Targets=1591, 1582, 1577, 1559, 1554, 1545, 1539, 1532,
  12. Sell INFOSYSTCH Spot @ 1408 SL=1422 Targets=1396, 1381, 1371, 1341, 1332, 1317, 1305, 1293,
  13. Sell NTPC Spot @ 190 SL=191 Targets=189, 188, 187, 186, 185, 184, 183, 183,
  14. Sell BHARTIARTL Spot @ 707 SL=712 Targets=702, 697, 694, 683, 680, 674, 670, 665,
  15. Sell ITC Spot @ 190 SL=190 Targets=190, 189, 189, 188, 188, 188, 187, 187,
  16. Sell LT Spot @ 845 SL=853 Targets=838, 829, 824, 806, 801, 792, 785, 778,
  17. Sell ABB Spot @ 496 SL=499 Targets=493, 490, 488, 480, 478, 475, 472, 469,
  18. Sell HDFCBANK Spot @ 1083 SL=1088 Targets=1079, 1074, 1071, 1060, 1057, 1052, 1048, 1044,
  19. Sell TATASTEEL Spot @ 253 SL=256 Targets=249, 245, 243, 235, 232, 228, 225, 222,
  20. Sell MARUTI Spot @ 780 SL=789 Targets=771, 760, 754, 732, 726, 715, 707, 698,
  21. Sell TATAMOTORS Spot @ 240 SL=242 Targets=238, 235, 234, 229, 227, 225, 223, 221,
  22. Sell WIPRO Spot @ 301 SL=305 Targets=296, 291, 287, 277, 273, 268, 263, 259,
Yesterday's VIX was 51.30, so no carry forward of open positions. All the Best

Thursday, April 23, 2009

FOR APRIL, 23

Long Side
  1. Buy NIFTY Spot @ 3377 SL=3358 Targets=3386, 3416, 3426, 3441, 3453, 3465,
  2. Buy RELIANCE Spot @ 1723 SL=1715 Targets=1727, 1739, 1743, 1749, 1754, 1759,
  3. Buy SBI Spot @ 1265 SL=1256 Targets=1270, 1286, 1291, 1299, 1306, 1312,
  4. Buy EDUCOMP Spot @ 2460 SL=2438 Targets=2473, 2512, 2525, 2545, 2561, 2577,
  5. Buy ONGC Spot @ 867 SL=859 Targets=872, 886, 890, 898, 903, 909,
  6. Buy ICICIBANK Spot @ 408 SL=404 Targets=410, 416, 418, 422, 424, 427,
  7. Buy RELINFRA Spot @ 692 SL=685 Targets=696, 708, 712, 718, 723, 728,
  8. Buy RELCAPITAL Spot @ 523 SL=518 Targets=525, 534, 536, 540, 544, 547,
  9. Buy DLF Spot @ 241 SL=237 Targets=243, 249, 251, 254, 257, 259,
  10. Buy ABAN Spot @ 473 SL=468 Targets=476, 486, 489, 494, 498, 502,
  11. Buy BHEL Spot @ 1632 SL=1618 Targets=1640, 1665, 1673, 1685, 1696, 1706,
  12. Buy INFOSYSTCH Spot @ 1380 SL=1374 Targets=1383, 1393, 1396, 1400, 1404, 1408,
  13. Buy NTPC Spot @ 188 SL=187 Targets=188, 190, 190, 191, 191, 192,
  14. Buy BHARTIARTL Spot @ 722 SL=717 Targets=725, 735, 737, 742, 746, 750,
  15. Buy ITC Spot @ 191 SL=190 Targets=191, 193, 193, 194, 195, 195,
  16. Buy LT Spot @ 862 SL=853 Targets=866, 882, 886, 894, 900, 907,
  17. Buy ABB Spot @ 533 SL=525 Targets=538, 552, 557, 564, 570, 576,
  18. Buy HDFCBANK Spot @ 1094 SL=1087 Targets=1097, 1108, 1111, 1117, 1121, 1125,
  19. Buy TATASTEEL Spot @ 253 SL=250 Targets=255, 261, 263, 266, 268, 270,
  20. Buy MARUTI Spot @ 808 SL=795 Targets=816, 842, 850, 862, 873, 883,
  21. Buy TATAMOTORS Spot @ 238 SL=236 Targets=239, 243, 244, 245, 247, 248,
Short Side
  1. Sell NIFTY Spot @ 3349 SL=3364 Targets=3337, 3321, 3312, 3282, 3272, 3257, 3245, 3233,
  2. Sell RELIANCE Spot @ 1712 SL=1719 Targets=1707, 1701, 1697, 1685, 1681, 1675, 1670, 1665,
  3. Sell SBI Spot @ 1251 SL=1258 Targets=1244, 1236, 1231, 1215, 1210, 1202, 1196, 1189,
  4. Sell EDUCOMP Spot @ 2424 SL=2443 Targets=2408, 2388, 2376, 2336, 2324, 2304, 2288, 2272,
  5. Sell ONGC Spot @ 855 SL=861 Targets=849, 842, 837, 823, 819, 811, 806, 800,
  6. Sell ICICIBANK Spot @ 402 SL=405 Targets=399, 396, 394, 387, 385, 382, 379, 377,
  7. Sell RELINFRA Spot @ 681 SL=687 Targets=676, 670, 666, 654, 650, 644, 639, 634,
  8. Sell RELCAPITAL Spot @ 515 SL=519 Targets=512, 508, 505, 497, 494, 490, 487, 483,
  9. Sell DLF Spot @ 235 SL=238 Targets=232, 229, 227, 220, 218, 215, 213, 210,
  10. Sell ABAN Spot @ 464 SL=468 Targets=460, 455, 452, 442, 439, 434, 430, 426,
  11. Sell BHEL Spot @ 1609 SL=1621 Targets=1599, 1587, 1579, 1554, 1546, 1534, 1523, 1513,
  12. Sell INFOSYSTCH Spot @ 1372 SL=1377 Targets=1368, 1363, 1360, 1351, 1348, 1343, 1339, 1335,
  13. Sell NTPC Spot @ 187 SL=187 Targets=186, 185, 185, 183, 183, 182, 182, 181,
  14. Sell BHARTIARTL Spot @ 714 SL=718 Targets=710, 706, 703, 693, 690, 686, 682, 678,
  15. Sell ITC Spot @ 189 SL=190 Targets=188, 188, 187, 186, 185, 184, 184, 183,
  16. Sell LT Spot @ 848 SL=855 Targets=841, 834, 829, 814, 809, 801, 795, 789,
  17. Sell ABB Spot @ 519 SL=526 Targets=513, 506, 501, 487, 482, 475, 469, 463,
  18. Sell HDFCBANK Spot @ 1084 SL=1089 Targets=1079, 1074, 1070, 1060, 1056, 1051, 1046, 1042,
  19. Sell TATASTEEL Spot @ 248 SL=250 Targets=245, 242, 240, 234, 232, 229, 227, 225,
  20. Sell MARUTI Spot @ 785 SL=796 Targets=775, 762, 754, 728, 720, 707, 697, 687,
  21. Sell TATAMOTORS Spot @ 235 SL=236 Targets=233, 231, 230, 227, 226, 224, 222, 221,
Yesterday VIX was at 57.88, too high for a positional trade. But in case one wants to initiate a short position; Sell Nifty Spot, SL=3380;Target=3250,3150. All the Best

Wednesday, April 22, 2009

PREMARKET INTRADAY CALLS FOR........22 APR 2009

Long Side
  1. Buy NIFTY Spot @ 3390 SL=3371 Targets=3399, 3430, 3440, 3455, 3467, 3480,
  2. Buy RELIANCE Spot @ 1722 SL=1713 Targets=1727, 1741, 1745, 1752, 1758, 1764,
  3. Buy SBI Spot @ 1275 SL=1267 Targets=1279, 1291, 1295, 1302, 1307, 1312,
  4. Buy EDUCOMP Spot @ 2437 SL=2410 Targets=2453, 2503, 2519, 2544, 2565, 2585,
  5. Buy ONGC Spot @ 877 SL=869 Targets=881, 894, 898, 905, 911, 916,
  6. Buy ICICIBANK Spot @ 410 SL=406 Targets=413, 420, 422, 426, 429, 432,
  7. Buy RELINFRA Spot @ 683 SL=678 Targets=685, 694, 696, 700, 703, 706,
  8. Buy RELCAPITAL Spot @ 516 SL=512 Targets=519, 527, 529, 533, 537, 540,
  9. Buy DLF Spot @ 237 SL=233 Targets=239, 247, 250, 254, 257, 260,
  10. Buy ABAN Spot @ 476 SL=473 Targets=478, 484, 485, 488, 490, 492,
  11. Buy BHEL Spot @ 1655 SL=1645 Targets=1661, 1677, 1683, 1691, 1698, 1705,
  12. Buy INFOSYSTCH Spot @ 1382 SL=1375 Targets=1385, 1395, 1398, 1403, 1407, 1411,
  13. Buy NTPC Spot @ 189 SL=188 Targets=190, 192, 193, 194, 195, 196,
  14. Buy BHARTIARTL Spot @ 721 SL=711 Targets=727, 747, 753, 763, 771, 778,
  15. Buy ITC Spot @ 189 SL=187 Targets=190, 193, 194, 195, 196, 197,
  16. Buy LT Spot @ 871 SL=865 Targets=873, 882, 885, 890, 893, 897,
  17. Buy ABB Spot @ 540 SL=536 Targets=542, 548, 550, 553, 556, 559,
  18. Buy HDFCBANK Spot @ 1085 SL=1074 Targets=1090, 1110, 1115, 1125, 1133, 1140,
  19. Buy TATASTEEL Spot @ 255 SL=252 Targets=257, 261, 263, 265, 267, 269,
  20. Buy MARUTI Spot @ 824 SL=814 Targets=829, 847, 853, 861, 869, 876,
  21. Buy TATAMOTORS Spot @ 240 SL=238 Targets=242, 246, 247, 250, 252, 253,
Short Side
  1. Sell NIFTY Spot @ 3362 SL=3378 Targets=3350, 3334, 3325, 3294, 3284, 3269, 3257, 3244,
  2. Sell RELIANCE Spot @ 1709 SL=1717 Targets=1703, 1696, 1692, 1678, 1673, 1666, 1660, 1654,
  3. Sell SBI Spot @ 1263 SL=1269 Targets=1258, 1251, 1247, 1234, 1230, 1224, 1218, 1213,
  4. Sell EDUCOMP Spot @ 2392 SL=2414 Targets=2371, 2346, 2330, 2280, 2264, 2239, 2219, 2198,
  5. Sell ONGC Spot @ 864 SL=871 Targets=859, 852, 848, 834, 830, 824, 818, 813,
  6. Sell ICICIBANK Spot @ 404 SL=407 Targets=401, 397, 395, 388, 385, 382, 379, 376,
  7. Sell RELINFRA Spot @ 676 SL=680 Targets=673, 668, 666, 658, 656, 651, 648, 645,
  8. Sell RELCAPITAL Spot @ 509 SL=513 Targets=506, 502, 499, 491, 488, 484, 481, 478,
  9. Sell DLF Spot @ 230 SL=233 Targets=226, 222, 220, 212, 210, 206, 202, 199,
  10. Sell ABAN Spot @ 472 SL=474 Targets=469, 467, 465, 460, 458, 455, 453, 451,
  11. Sell BHEL Spot @ 1640 SL=1648 Targets=1633, 1625, 1620, 1603, 1598, 1589, 1582, 1576,
  12. Sell INFOSYSTCH Spot @ 1372 SL=1378 Targets=1368, 1363, 1360, 1350, 1347, 1342, 1338, 1333,
  13. Sell NTPC Spot @ 187 SL=188 Targets=186, 185, 184, 182, 182, 180, 180, 179,
  14. Sell BHARTIARTL Spot @ 704 SL=712 Targets=696, 686, 680, 660, 654, 644, 637, 629,
  15. Sell ITC Spot @ 186 SL=188 Targets=185, 184, 183, 180, 179, 178, 177, 176,
  16. Sell LT Spot @ 863 SL=867 Targets=859, 854, 852, 843, 840, 835, 832, 828,
  17. Sell ABB Spot @ 534 SL=537 Targets=531, 528, 526, 520, 518, 515, 512, 510,
  18. Sell HDFCBANK Spot @ 1067 SL=1076 Targets=1060, 1050, 1044, 1025, 1019, 1010, 1002, 995,
  19. Sell TATASTEEL Spot @ 251 SL=253 Targets=249, 246, 245, 240, 238, 236, 234, 232,
  20. Sell MARUTI Spot @ 808 SL=816 Targets=801, 792, 786, 768, 763, 754, 747, 740,
  21. Sell TATAMOTORS Spot @ 236 SL=238 Targets=234, 232, 231, 226, 225, 223, 221, 219,
Yesterday VIX was 53.64; so NO Positional Trades. All the Best

Monday, April 20, 2009

PREMARKET INTRADAY CALLS FOR........21 APR 2009

Long Side
  • Buy Nifty Spot @ 3417 SL=3399 Targets=3426, 3456, 3465, 3480, 3492, 3504,
  • Buy Reliance Spot @ 1739 SL=1728 Targets=1745, 1764, 1770, 1780, 1788, 1796,
  • Buy SBI Spot @ 1326 SL=1315 Targets=1332, 1352, 1358, 1368, 1375, 1383,
  • Buy EDUCOMP Spot @ 2370 SL=2331 Targets=2393, 2467, 2490, 2527, 2557, 2587,
  • Buy ONGC Spot @ 869 SL=865 Targets=871, 878, 880, 884, 887, 889,
  • Buy ICICIBANK Spot @ 448 SL=443 Targets=451, 461, 464, 468, 472, 476,
  • Buy RELINFRA Spot @ 701 SL=693 Targets=705, 720, 724, 732, 738, 743,
  • Buy RELCAPITAL Spot @ 543 SL=537 Targets=547, 559, 563, 569, 574, 579,
  • Buy DLF Spot @ 236 SL=234 Targets=238, 242, 244, 246, 248, 250,
  • Buy ABAN Spot @ 489 SL=485 Targets=491, 497, 499, 502, 505, 507,
  • Buy BHEL Spot @ 1670 SL=1660 Targets=1676, 1694, 1700, 1709, 1716, 1723,
  • Buy INFOSYSTCH Spot @ 1401 SL=1395 Targets=1405, 1415, 1419, 1424, 1429, 1433,
  • Buy NTPC Spot @ 193 SL=191 Targets=194, 196, 197, 199, 200, 201,
  • Buy BHARTIARTL Spot @ 689 SL=684 Targets=691, 700, 702, 707, 710, 714,
  • Buy ITC Spot @ 188 SL=187 Targets=189, 191, 192, 193, 194, 195,
  • Buy LT Spot @ 891 SL=885 Targets=894, 904, 907, 912, 916, 920,
  • Buy ABB Spot @ 548 SL=540 Targets=553, 567, 572, 579, 586, 592,
Short Side
  • Sell Nifty Spot @ 3390 SL=3405 Targets=3378, 3363, 3354, 3325, 3315, 3301, 3289, 3277,
  • Sell Reliance Spot @ 1722 SL=1731 Targets=1714, 1704, 1698, 1679, 1673, 1663, 1655, 1647,
  • Sell SBI Spot @ 1309 SL=1318 Targets=1301, 1291, 1285, 1265, 1259, 1250, 1242, 1234,
  • Sell EDUCOMP Spot @ 2303 SL=2335 Targets=2273, 2236, 2214, 2140, 2117, 2080, 2050, 2020,
  • Sell ONGC Spot @ 863 SL=866 Targets=860, 856, 854, 847, 845, 841, 839, 836,
  • Sell ICICIBANK Spot @ 440 SL=444 Targets=436, 431, 428, 419, 416, 411, 407, 403,
  • Sell RELINFRA Spot @ 687 SL=694 Targets=681, 674, 670, 655, 650, 643, 637, 631,
  • Sell RELCAPITAL Spot @ 532 SL=538 Targets=527, 521, 517, 505, 501, 495, 490, 485,
  • Sell DLF Spot @ 232 SL=234 Targets=230, 228, 226, 222, 220, 218, 216, 214,
  • Sell ABAN Spot @ 483 SL=486 Targets=481, 478, 476, 470, 468, 465, 462, 460,
  • Sell BHEL Spot @ 1654 SL=1663 Targets=1647, 1638, 1632, 1614, 1608, 1599, 1592, 1585,
  • Sell INFOSYSTCH Spot @ 1392 SL=1397 Targets=1387, 1382, 1378, 1368, 1364, 1359, 1355, 1350,
  • Sell NTPC Spot @ 190 SL=191 Targets=189, 188, 187, 184, 183, 181, 180, 179,
  • Sell BHARTIARTL Spot @ 681 SL=685 Targets=677, 673, 671, 662, 659, 655, 652, 648,
  • Sell ITC Spot @ 186 SL=187 Targets=185, 184, 183, 181, 180, 179, 178, 177,
  • Sell LT Spot @ 882 SL=887 Targets=878, 873, 870, 860, 857, 852, 848, 844,
  • Sell ABB Spot @ 535 SL=541 Targets=528, 521, 516, 502, 497, 490, 484, 477,
Yesterday's VIX at 54.22, so No Positional Trades. All the Best

Premarket Intraday Calls

Long Side
  • Buy Nifty Spot @ 3459 SL=3440 Targets=3471 ,3509 ,3521 ,3540 ,3555 ,3571 ,
  • Buy Reliance Spot @ 1762 SL=1751 Targets=1769 ,1792 ,1799 ,1811 ,1820 ,1829 ,
  • Buy SBI Spot @ 1337 SL=1325 Targets=1344 ,1366 ,1373 ,1385 ,1394 ,1403 ,
  • Buy EDUCOMP Spot @ 2274 SL=2253 Targets=2287 ,2329 ,2342 ,2363 ,2380 ,2396 ,
  • Buy ONGC Spot @ 877 SL=871 Targets=881 ,892 ,895 ,901 ,905 ,910 ,
Short Side
  • Sell Nifty Spot @ 3425 SL=3440 Targets=3409 ,3390 ,3378 ,3340 ,3328 ,3309 ,3294 ,3279 ,
  • Sell Reliance Spot @ 1742 SL=1751 Targets=1732 ,1721 ,1714 ,1691 ,1684 ,1672 ,1663 ,1654 ,
  • Sell SBI Spot @ 1316 SL=1325 Targets=1307 ,1295 ,1288 ,1265 ,1258 ,1247 ,1237 ,1228 ,
  • Sell EDUCOMP Spot @ 2237 SL=2253 Targets=2220 ,2199 ,2186 ,2144 ,2131 ,2110 ,2094 ,2077 ,
  • Sell ONGC Spot @ 867 SL=871 Targets=862 ,857 ,853 ,842 ,839 ,833 ,828 ,824 ,
All the Best

Sunday, April 19, 2009

The Road Ahead

I am working on a two pronged strategy now, which is as follows:
  1. To provide Positional Calls with Targets and Stop Losses and hints for Pyramiding;
  2. To provide Intraday Calls likewise.
This thought has resulted from the fact that many of you have asked for the interpretations to be converted into calls, and which also seems reasonable. I am not planning to go professional or a Paid Service, at any stage. I am just trying to help folks who have a desire to earn money speculating leveraged products in a highly volatile market. My success depends upon your prayers, and smart implementation of my ideas. Intraday Calls: These would come in two flavours:
  1. Pre Market Calls;
  2. Calls generated during trading hours;
The latter variety would be more precise, but the former would require smart implementation. Keep watching this space. With Warm Regards,

Wednesday, April 15, 2009

5 EMA POSITIONAL SYSTEM

Dear Friends, Greetings! Please allow me to introduce the 5 EMA Positional System. No more tensions, worries of a crash, drawdown that draws life out of our bodies etc., How does it work?
  • This system has been modified and perfected, please download the PDF File from here.
  • If Closing Prices of the underlying are higher or more than the 5 day Exponential Moving Averages (EMA), we stay long and vice versa.

  • Gives 5% of Nifty's average monthly value, on an average. And from this average I have excluded falls like the one happened in Oct, that alone gave some 1800 points! For example if Nifty is around 3000 in a given month, expect at least 150 points, net of all whipsaws, and SL hits. I would also monitor, the progress, on daily basis, so the results would far exceed, than mechanical backtesting.

  • We would have 3 - 4 trades per month on an average.

  • We would always be in trade, except for those times when VIX is very high. The first two trades and subsequently 3 out of 10 trades are likely to get whipsawed - meaning they would be in loss - but we would always be in profits from the third trade onwards. (God Willing!)

  • Trade in Nifty Futures or Just Out Of The Money, (OTM) Options, for handsome gains.

  • For the very first entry, very aggresive traders can enter the trade in the direction of the existing positions. Keeping their Entry point as Stop Loss.

  • Conservative Traders can wait for a reversal, whence the price line changes direction. Keeping the 5 DEMA as their SL which is displayed by a small chart in the right hand pane.

  • We would use one day displaced 5 day EMA, which means yesterdays average is to be taken for todays' decision.

  • One needs to check his positions only after 3:15 pm on each trading day, not before.

  • If the 5 Day SMA of VIX is higher than 55, we advise the conservative traders against initiating any fresh positions. If this is high it will be flashed here. Also the VIX shouldn't be more than 55 on the previous trading day, when the fresh positions are intended.

  • The 5 DEMA would act as Trailing Stop Loss. Once it's hit on any day, we exit our positions after 3:15pm and Initiate positions in the other direction, on the next trading day, after 3:15 pm.

  • Traders opting for this system are advised to trade only one Mini Nifty Futures Contract for first Five trades, in order to acquaint themselves with the features of this system.

  • Please refer to this blog each day and only take fresh positions if there are no contrary instructions over here.

  • Any questions or queries can be directed to me on my e-mail id.

All the best *M J Akhtar*

Saturday, April 11, 2009

11 April 2009

The Comparative Relative Strength of Nifty 50 to CNX 500...indicates a likely reversal!!!