BPCL : TECHNICAL VIEW

BPCL
BUY : AUGUST SERIES
CMP :354
STOPLOSS : 344
LOT SIZE : 1000 

PAIR TRADING

AUGUST SERIES

Action	Future	Price	Lot Size	# of lots
BUY	BANKNIFTY	10568	25	1
SELL	NIFTY	5947	50	1

UNIONBANK-IDBI : PAIR TRADING

AUGUST SERIES

Action	Future	Price	Lot Size	# of lots
BUY	UNIONBANK	147.9	1000	2
SELL	IDBI	71	4000	1

TECHNICAL PICKS

ANDHRA BANK
SHORT : AUGUST SERIES
ONLY BELOW 76.60
STOPLOSS :81

ADANIPORT
SHORT : AUGUST SERIES
CMP : 145.90
STOPLOSS : 151

  

DIVISLAB
SHORT : AUGUST SERIES
CMP : 963
STOPLOSS : 1000

HEROMOTOCO
BUY : AUGUST SERIES
CMP : 1700
STOPLOSS : 1620

PERFORMANCE UPDATE

NIFTY REVERSED JUST FROM EXPECTED RESISTANCE 6098
Click me to view the post

Profit of Rs : 7400  :  POST

Profit of Rs. :  21125  POST

Profit of Rs : 41480  POST

Profit Intraday : 3481  POST

Profit : 20200  POST

SILVER-GOLD : PAIR TRADING CALL

THIS IS MY FIRST CALL ON PAIR TRADING IN COMMODITIES !
PLEASE CONSIDER THIS CALL AS A PRACTICE !


BUY SILVER @ 40421

SELL GOLD @ 26715

DLF-IBREALEST : Pair Trading Call.

ANOTHER ROUND :)

Action	Future	Price	Lot Size	# of lots
BUY	DLF	171	1000	2
SELL	IBREALEST	74.35	4000	1

BANKNIFTY-NIFTY : Pair Trading

BUY BANKNIFTY CMP : 10925
SHORT NIFTY CMP : 5993

SHORT AMBUJACEM : JULY CONTRACT

SHORT AMBUJACEM JULY CONTRACT LOT SIZE : 

AROUND : 207.74

STOPLOSS : 212.55 (CLOSING BASIS)

BUY ABIRLANUVO : JULY CONTRACT

BUY ABIRLANUVO
JULY CONTRACT
LOT SIZE :250
CMP : 1128.50
STOPLOSS : 1094 (CLOSING BASIS)

DLF-IBREALEST : Pair Trading Call.

Action	Future	Price	Lot Size	# of lots
BUY	DLF	164.80	1000	2
SELL	IBREALEST	67.50	4000	1

GRASIM : DAILY CHART VIEW !

GRASIM :
On Daily Chart, showing signs of weakness..
FLAG anyside breakout within 50 points range will decide its move !
Breakout Upside will take it to 3000+ Once breakdown will head it down towards 2500- Odd levels !!!

Have a look ....

NIFTY SPOT VIEW for coming sessions!

Hello, Everybody !
Greetings for the day !
I know i am posting after so many months,
but believe its really tough for me also to stay away from Market ! ;)

Lets come to the topic ,
NIFTY ::
CMP : 6009

Swing Low : 5566   |   Swing High : 5904

Recent Low : 5760
Resistence expected around : 6098 .  i.e.(5760+(5904-5566))

On daily chart, NIFTY forming AB=CD pattern, which may suppose to satisfy around 6100-6200+ level...
RSI also giving indication of Overbought, so some consolidation expected around 6100-6200 level !

More clear view in chart below :

 

Disclaimer :
This is purely my view. please take your own decisions !
Happy Independence Day & Happy Trading ! :)

Historical Mystery of Square Roots :)

THIS CALCULATIONS ARE PURELY PERFORMED BY ME AND MYSELF :)

You all are Warmly Welcome to have a look at historical mystery of calculation and future possible outcomes.

It a play of Square Roots ! :)

Lets Begin…..

NIFTY MADE LOW : 4531  ( year : 2011 )
Now  Square Root of 4531 = 67.3127
Add 8 to it (67.3127 + 8 ) = 75.3127
Take Square of it (75.3127 ^ 2) = 5672.003  (This should be the TOP)
Later NIFTY MADE HIGH : 5629

Now take Square Root of actual HIGH (i.e. 5629)

Now  Square Root of 5629 = 75.02666

Add 8 to it (75.02666 – 4  ) = 71.02666

( 4 half of 8 , which was Initial Figure to get the Retracement Figure :)

Take Square of it (71.02666 ^ 2) = 5044.787  (This should be the RETRACEMENT)

Later NIFTY MADE LOW : 4770

Now the most important part comes :

Now if we think we are in Bull Market ( then next figure should be taken as 8)

WHICH POINTS TO HIGH OF 5939

But at this time we consider trend as neutral ( so called SIDEWAYS)

Back to point, LOW MADE : 4770

Now  Square Root of 4770 = 69.06519

Add 8 to it (69.06519 + 4 ) = 73.06519

( Here we took as 4 , there is a reason actually because NIFTY had made LOW much lower  than level calculated , 5044 but 4770 )

Take Square of it (73.06519 ^ 2) = 5338.521  (This should be the TOP)

Later NIFTY MADE HIGH : 5348 :)

Now  Square Root of 5348 = 73.13002

Add 8 to it (73.13002 –2  ) = 71.13002

Take Square of it (71.13002 ^ 2) = 5059.48 (This should be the RETRACEMENT)

Later NIFTY MADE LOW : 5032 :)

Now  Square Root of 5032 = 70.93659

70.93659 + 4 = 74.93659

Take Square of it (74.93659 ^ 2) = 5615.493  (This should be the TOP)

So far NIFTY MADE HIGH of 5387 :)  it should be 5615 :)

But see if really BULL RUN started, so as calculated the level  of 5939 :)

Disclaimer :
This is purely my view. please take your own decisions !
Happy Independence Day & Happy Trading ! :)

TECHNICAL VIEW : RCOM & HDFC (JUNE FUTURE)

BUY RCOM (JUNE FUTURE)
LOT SIZE - 2000
PRICE - 94.70
STOPLOSS - 91 or at your comfort
TARGET - 98 - 100 - 102 +++


BUY HDFC (JUNE FUTURE)
LOT SIZE - 500
PRICE - 653.10
STOPLOSS - 637 or at your comfort
TARGET - 664 - 670 - 675 ++++

~ Do your own Analysis & Research before taking position

SOME MORE GAINS :)

M&M
Lot Size : 500
Given @ 664.50
High Made - 673.35


GAIL
Lot Size : 500
Given @ 445.35
High Made -  453.45


HINDALCO
Lot Size : 1000
Given @ 179.40
High Made - 182.75


RUCHISOYA
Lot Size : 2000
Given @ 98.40
High Made - 100.50


Calculate GAINS yourself :)

RUCHISOYA (JUNE FUTURE)

BUY RUCHISOYA (JUNE FUTURE)
Lot Size - 2000 qty
CURRENT PRICE - 98.40
STOPLOSS - 95 or at your comfort
TARGET - 102 - 104 - 107 +++


~ Do your own Analysis & Research before taking position

TECHNICAL VIEW : HINDALCO (JUNE FUTURE)

BUY HINDALCO (JUNE FUTURE)
Lot Size - 1000 qty
ONLY AT PRICE NEARER TO - 179
STOPLOSS - 175 or at your comfort
TARGET - 182 - 185 - 190+++

~ Do your own Analysis & Research before taking position