Tuesday 20 June 2017

Daily Update by Team Mumbai - Pro Traders - 20th June, 2017

Daily Update by Team Mumbai - Pro Traders - 20th June, 2017


Participant wise Open Interest in Equity Derivatives as on 20th June, 2017

June_20th_OI Data.jpg


OI Change_June 20th.jpg
Open Interest Data Analysis

FII added index future longs and covered their shorts. Net bullish. Pro took bearish in index futures. FII continue to hedge their future long exposure by buying index puts. Pro has closed put longs and added call and put shorts. Range bound session as data is mixed in futures and options. PCR fell 2%. FII continue to be net sellers in cash market while DII were net buyers. FII need to start buying in cash market for good broader up move. NIFTY OI: OI reduced across put strikes from 9400/9500/9600 but added to 9650/9700. On call side, OI added to 9750 in good numbers and 9700 saw addition during market hours but most were closed towards close. Still 9700 CE has more OI on call side. Based on OI data, range from 9500-9700 is shifting to 9600-9750.



CORPORATE NEWS and ANNOUNCEMENTS:

1. Sahara sells stake in Grosvenor House, gets 10 days to deposit Rs 710 cr

2. SpiceJet hits new high on signing pact with Boeing for 40 737 Max airplanes

3. Top Chinese firm signs MoU with Adani group to invest $300 million

4. RELIANCE INFRA: Arm Reliance Defense in Strategic Pact with Yugoimport Of Serbia.

5. Tata Power to sell stake in Indian Energy Exchange via IPO, stock jumps 5%.

6. Magma Fincorp board approves merger of arm Magma Advisory with self. Stock climbs 5.5%.

7. Dr Reddy's may file two new drugs with FDA by 2019, as per media reports. Stock advances 1%.

8. Logistics stocks jump as GST rollout nears.Snowman Logistics (+10%), Patel Integrated (+8%),Sical Logistics, Gati (+5%),  Container Corp (+4.5%), AllCargo Logistics (+2%).

9. NBFC stocks gain post farm loan waiver announcements. Bharat Financial Inclusion (+2.5%),  Mahindra and Mahindra Financial Services (+1.5%).

10. Raymond sets up Greenfield garment manufacturing facility In Africa, facility  to export to US, Europe markets. Stock up 1%.

11. Tata Motors stock spurts 3% on buzz of Jaguar Land Rover IPO

12. Bharat Bijlee stock climbs 8% after strong commentary in Annual Report. Transformer business achieved highest order booking in FY17.


Securities in Ban For Trade Date 21-JUN-2017:
BAN_June 21st.JPG



Volume Shockers with High Delivery %

June_20th_Snap.JPG



Team Mumbai - Pro Traders: Yogini, Ram, Ankur and Shivarajkumar.


Source: Economic Times, Business Standard, Financial Express, Indian Express, Mint, IIFL,
Business Line, StockEdge, Bombay Stock Exchange, National Stock Exchange


Disclaimer: This is for Study purpose and is intended for Trading Terminology Closed Group.

Sunday 18 June 2017

Bangalore Pro Traders Speak

Bangalore Pro Traders Speak
Date: 17th and 18th June

Location: Bangalore

Kunal SunilKumar

1) Had a nice personal 1 on 1 talk with @⁨Puneet S. Marwah⁩ ji ... Got to know his way of taking trades ...

2) Biggest thing I learnt is KISS - Keep It Sweet & Simple .... Speaking to @⁨Puneet S. Marwah⁩ ji , made me find out that there are always patterns on charts , it's upto us to find out & work on it ...
ii - Second thing I learnt is Having Patience .... Trade ll come to u , not to go behind a trade ...

3) The biggest thing I found out that even the shortest trades can give u money ... Work with the patterns & boom your profits will be in your pocket ....

4) - Probably u guys can try for a bigger duration course , time permitting ... But otherwise , Both of u @⁨Puneet S. Marwah⁩ ji & @⁨Deepa Bhatia⁩ r doing a great work ...

5) - I shall from now on wait patiently wait for a trade & will not jump onto a trade .... I shall also wait for the trade to mature till my tgt's are achieved & not exit in between and regret ...

6) - Of course I shall recommended the session to my friends who are interested in trading ...

Chandrashekar: It's wonderful sessions that too second session is extremely well.  Today's morning some disturbance occurred  and during that time puneet ji  was talking with his friends and explaining some trading company's​ shares with chart .by that time I was observing the chart and I am very much impressed about the way of explaining  and I noticed how to  calculate in Japanese candle stick way.  After that how to play intraday in the  morning  opens market at 9.30am, it's very very important to us. Being a new member I learn lot of things from you and I never expected​ that I gain lot of information.  What we have paid fee it's nothing infront of training session.  Thanks a lot and it's wonderful programme👌👏👏👏👍😁🙏



                  

Kiran Chandrashekar :

I had a great experience, being a novice trader , I got the opportunity to learn many things starting from the basics.

Learnt to study charts based on signals , patterns , trends and oscillators.

Learnt how to study charts, mindset, actions on signals given by the charts,etc

 To become a good trader one needs to keep learning, have right knowledge, should observe risks from environment, sector and company wise , practice and experience.

Difference in me is earlier I was just eating fish(Scripps) given by others, now I am learning to fish (finding Scripps) by myself, right mindset a trader needs to have, unquenchable thirst for knowledge,etc

People are in different levels . So please try to give little more time on basics , that will help novice people to get more confidence.

I will definitely complete reading this technical analysis of stock trends book in 2 months. I need 2 months bcoz it's new thing to me to analysis and learn in depth . Meanwhile I will start practicing on chart mantra parallel to reading this book.

Definitely will recommend to people whoever wants to become pro trader is a good platform to start learning basics and take it to the next level with your guidance.

I had a wonderful experience and it was a great pleasure to meet puneet ji and deepa ji ! Thank you both for your valuable time and effort you guys have put to teach us and taking us to the next level. 🙏😃👍

Samrat Sridhara: It was a wonderful session for me. I rarely traded earlier so everything was new but Puneet took time to explain things with patience. The best part was also the co-learning from other participants. Earlier I used to get confused if I should sell or hold now at least I have some tools and theories to work and with time I am sure I will get better. Thanks for taking time and making this possible.

DINAKARA

It was a  Good experience to hear to Trading expert like u sir with more than17yr in the field and tasted the success by hard work. Working model of the market was very well explained I.e., Operator ,promoters,retailers etc which we won't find in any book.Am Greatfull to you sir.

Candlestick patterns even though read was using very less,know after the class have got the importance of each n every candle and become familiar.

Was knowing the chart patterns but was using for a very less target or the SL used to hit due to false breakout.Now had learnt only after consolidation and volumetric analysis only we can be in the trade and can aim for big target.

Difference is each n every trade from now on will be justified and taken . With the SL and target fixed. And also knowing  the risk to reward ratio by knowing the resistance and support level.

One day Live Trading may be included to see puneet ji minting money😍

End of the day reports and working for the next day for the opportunities to trade patiently with all the numbers of resistance, support and reasons for taking trade. Also finding long term investment picks will be worked on every day.

I would like to recommend for  the service u both of us doing by lending ur precious time for all of us by educating and showing the right path of trading.

If possible include one day live trading.
U both doing great job , we grateful to you Puneet ji and Deepa Ji 🙏





Suresh Baskaran
Was great to learn from a trader like Puneet sir. It was an really eye opener session with lot of new concepts. Learnt a lot in these two days.

1) don't trade without justification
2) wait for levels to come
3)  candle stick and chart formations and how to trade using them
4) identification of false breakout
6) have to think from promoter's point of view and not as normal retailers
6) Getting more confidence for trading
7) will plan the trades beforehand and trade when my level comes

I got more than what I thought of.

I will have targets and stop-loss in place before entering the trade

Definitely, I will recommend. As I got more information about the markets and it's working other than patterns which won't be available in any books.

Live trading session will be great to have.

Devanand: In a nutshell a very well arranged and conducted program.What remains is our practice.I know it will be tough call.bcoz when you are trading with Puneetji it is simple.The devil comes out when you are trading alone.

Bangalore Traders have started working on charts already.

Here is the first one from Suresh and Dinakara - Charts for learning purpose - Aurobindo Pharma

Shooting Star formation in daily chart



5 min chart - eventhough volume is green in daily candle, some selling also happened which is visible in 5 min chart. I am expecting it to go down. Am going to watch (paper trade) this week whether 665 or 625(which is almost half of big candle) reaches first - my first paper trade after my learnings from the session.

Gap around 625 - expecting to touch



On weekly good volumes with three soldiers pattern. Looks like reversal. However, sector is not showing the strength. 







On monthly candle can see the morning star with retracement at 50%



Thursday 15 June 2017

Daily Update by Team Mumbai - Pro Traders -15th June, 2017

Participant wise Open Interest in Equity Derivatives as on 15th June, 2017




Nifty Call Option

                                 
Nifty Put Option
   





Open Interest Data Analysis

Things are getting clear upside is capped at 9700 for this series. Downside  support still at 9500 for this series.
Short term trend  is Down.
Medium term trend is UP.
Long term Trend is UP.



CORPORATE NEWS and ANNOUNCEMENTS:

Siemens - Bags contract from CLP India to implement a cyber-security solution for a plant in Gujarat, talking with 3 power companies to assess cyber security

J K Cement  - to consider fund raising proposal

Kesoram Industries - to allot 7.5m shrs to IndusInd bank upon pref. share conversion

Shipping Corp - Hits 52-week high on proposed stake sale

Reliance Industries - along with BP will invest a further Rs 40,000 cr in jointly owned KG D6 gas field off India's eastern coast

D B Corp  - mutually terminate publication license agreement with Diligent Media Corp, DBCL will stop publication of DNA newspaper in Jaipur and Ahmedabad

NMDC - Iron Ore production at 5.63 mln tons up to May 31, sales at 6.59 mln tons up to May 31

Aarti Industries - wins Rs. 4,000 cr agro-chemical supply contract, deal is expected to boost growth trajectory further

Capital First - to issue debentures worth Rs 75 crore




Securities in Ban For Trade Date 16-JUN-2017:

BAN_June15th.JPG



Volume Shockers with High Delivery %

June_15th_Snap.JPG

Wednesday 14 June 2017

Daily Updates by Mumbai Pro Traders

Corporate News

Bharat Financial Inclusion - Loan waiver will not impact repayment collection for MFIs, as it may leave farmers with more disposable cash

Dena Bank - closed 8.67% up after 4 PSBs submit consolidation plans to FM

Tyre stocks - MRF, CEAT, Apollo among others cautious as ANRPC lowers natural rubber output

Gujarat Pipavav - surged more than 8%, block deal of 16.7 lakh shares, Adani Ports planning to buy controlling stake as per earlier news

RCom - chairman Anil Ambani to draw no salary in FY18, stock continues the downfall

Sebi - meets rating agencies to increase monitoring of debt instruments, said to have asked the rating agencies to work out a procedure where they could get the information directly from the bankers or debenture trustees.



Open Interest








Nifty Call Option


                                 
Nifty Put Option
   

Open Interest Data Analysis

Open Interest data shows Nifty will move between 9700 to 9500 levels.
Short term trend  is Down.
Medium term trend is UP.
Long term Trend is UP.









Volume Shockers with High Delivery %

June_14th_Snap.JPG

Charts

HDIL


BHARTI INFRATEL

Monday 12 June 2017

Daily Update - by Mumbai Pro Traders

Corporate News

Aries Agro - Post positive commentary in a company held analyst meet, stock surged 13.6 % with high volumes, breaching above an immediate resistance of 160, revenue for FY17-18 expected to 305 CR, EBIDTA 18%, PAT 5%

Star Paper Mills - in process of having CapEx programme, in addition to a marginal hike in its production quantities, stock traded above its 50 DMA

Welspun Enterprises - up 15% on BSE after block deal and a spurt in the volume by more than 82.94 times

Reliance General Insurance - The board of directors approved independent listing of the company (100% subsidiary of RelCap), plans to dilute 10% in FY18.

Canara Bank - to consider Capital Plan for current fiscal on June 15

Banking Stocks - drag index ahead of a meet between Arun Jaitley and PSB heads on NPA issue



Open Interest




Nifty Call Option

                                 
     Nifty Put Option


Open Interest Data Analysis

Huge open interest building up in call  options are reducing the chances of up move. Put writers started unwinding in 9600 PE and started building at 9500  PE . Nifty could go to 9500  based on the data .
Short term trend  is Down.
Medium term trend is UP.
Long term Trend is UP.

Volume Shockers with High Delivery %
June_12th_Snap.JPG


Team: Mumbai -
Pro Traders: Yogini, Ram, Ankur, Shivarajkumar
Source: Economic Times, Business Standard, Financial Express, Indian Express, Mint, Business Line, StockEgde, Bombay Stock Exchange, National Stock Exchange


,Disclaimer: This is for study purpose and is intended for Trading Terminology Closed Group.

Sunday 11 June 2017

Daily Updates - Mumbai Pro Traders

Corporate News

ONGC - keen in acquiring HPCL In Rs. 42,254 Crore Deal

Zydus Cadila - company's subsidiary received nod from the USFDA to market Nystatin topical powder used for treating skin infections in the US market

Shriram Transport Finance - raises Rs 350 crore via bonds

Siemens - signs MoU with Karnataka govt for Rs 2031.80 crore project  

HDFC - to raise Rs 1,500 crore via bond issue in coming week

Coal India - to save Rs 800-1000 cr by closing 37 unviable underground mines


Open Interest

Nifty Call Option
Nifty Put Option

Open Interest Data Analysis
Highest open interest change  has occurred at 9600 PE but when you compare it with FII data only very puts were added by FII's today .I will continue to maintain my targets of 9850  for the current series.

Volume Shockers with High Delivery %
June_11th_Snap.JPG

Team: Mumbai -
Pro Traders: Yogini, Ram, Ankur, Shivarajkumar
Source: Economic Times, Business Standard, Financial Express, Indian Express, Mint, Business Line, StockEgde, Bombay Stock Exchange, National Stock Exchange


,Disclaimer: This is for study purpose and is intended for Trading Terminology Closed Group.

Thursday 8 June 2017

Daily Update by Team Mumbai - Pro Traders – 8th June 2017


                  

Corporate News

PNB Housing - stock doubled in 6 months against IPO price, sector benefits from lowered risk weights assigned to home loans by RBI

Petronet LNG - stock closes below 30-,50-DMA, GDF International sold its entire 10% stake of 75 million shares, stock maintains buy status as fundamentally strong, Fut OI up by 34%

IOC - to shutdown crude, refinery units across India - FOR maintenance purposes- At least seven units to remain closed briefly in north and east India

Strides Shasun - gets USFDA approval for Parkinson’s drug and select viral infections, product will be launched immediately in the American market.

Gujarat Pipavav - gains 4.39 %, its biggest intraday percentage gain in over a week as asAdani Ports is planning to buy controlling stake 


sc

Kaveri Seeds - 16 June 2017 as the Record Date for buy back, Fut OI up by 11%


 




Options data doesn’t give a clear picture comparing with FII data  as today is banknifty weekly expiry most of them are expiry contracts.




Volume Shockers with High Delivery Volume %





Team: Mumbai - Pro Traders: Yogini, Ram, Ankur, Shivrajkumar

Source: Economic Times, Business Standard, Financial Express, Indian Express, Mint, Business Line, Bombay Stock Exchange, National Stock Exchange



Disclaimer: This is for study purpose and is intended for Trading Terminology Closed Group.

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