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Wednesday, February 22, 2017

SmartLink - how smart will this move be ?

Date : 27th Feb 2017

Smartlink - getting near good levels, the volumes at the daily lows which are in range of 90/92 are having very less volumes.  A good level to go long still remains from 90 / 80 / 76.

A small nibble at every dip in the range, will it see me through?


Date : 22nd Feb 2017

Smartlink - company into network cable & equipment manufacturing, one of its popular brand is digisol.

It has come back to level where a probable spurt can happen - the level is good at weekly & daily time frames. A good trade setup for ~ 10 - 12 % gain a few weeks time. 

A conservative person can wait for the price around 80 - 76, which might never come as some institutions have already started showing up in shareholding pattern.



Tuesday, February 21, 2017

Tata Power - nervous nineties...

Date: 27th Feb 2017

With Nifty getting bit jittery,  Tata power starts tapering towards ~70 levels, which are good levels to go long.

Date : 21st Feb 2017

Tata Power is loosing steam it seems - getting a crucial level, lot of hurdles to jump - will it succumb to it's nervous nineties ? 

My guess is as good as yours ..



Monday, February 20, 2017

Aurobindo Pharma - will it pull back from 600 ?

Date : 20th Feb 2017

Aurobindo Pharma has been trading in the channel of 600 - 900, it's again coming back to 600 levels - will it be able to pull back from those levels. 

The threshold of 600 has not been violated, although tested a couple of times. 

The stock has given 50% returns twice from April 2015 - Dec 2106 &  from Feb 2016 - Oct 2016 !

Will it be able to repeat - let's track.




Saturday, February 18, 2017

HDFC Short - in making ?

Date: 27th Feb 2017

Finally after nearly ten calendar days, the cracks began to appear in HDFC, if it closes below 1531 levels - it would be a good short, as there is no hurdle in the path - till 1258.

With Nifty showing some bend (?)  chance of it's get back to  1258 are more probable now.

Date: 18th Feb 2017

I have been discussing HDFC short with my trader friend since couple of days .. the data showed lot of indecisiveness - finally it starts ? see the chart below...

If it does - there is a fantastic long coming up at  ~ 1258.




BSE Short - Intraday Traders Joy...

BSE - since the day of its listing has been nose diving, a no brainer short for intraday traders.

Liquidity in the counter is okish, from the chart below another such intraday short is coming soon if it does ~ 1004 and reacts or retracts as they say ...



MCX Long - A good long being set ...

Date: 27th Feb 2017

Still awaiting the levels to go long, with indices taking a bit of breather - plus there is talk of SEBI allowing Mutual Funds to trade in commodities - this would mean more commissions for MCX, as the participation and the market depth would get better - allowing & attracting more traders and institutions.


Date: 18th Feb 2017

MCX - has been in a down trend since a week.

It's getting very close to good levels, from where the chances of reversing the trend are high.

The level at 1069 - 976 are strong buy zones.

The stock is also being accumulated since long now if you study the shareholding pattern properly.

The only commodity exchange with some sensible volumes which is listed.

The level at 1400 serves as a good target from above buy zones, lets observe how it will reach on coming closer to the levels of 1069 - 976.


Sun Pharma Long - rising sun ?


Sun Pharma - gave an excellent opportunity to buy low sell high.  It was an excellent buy at 625/626 - and to trail it up as it moves up is going to be a good joy ride.

Immediate hurdles are at 715 / 837 / 1100.

Let's track it from where it changes the trend.