March 2018 ~ Trading Terminology

Monday, 26 March 2018

Levels to enter for Exide, Infibeam, HDIL, Tata Motors and more

NIFTY
On the daily chart pattern there is a stong butterfly channel. 10150 will be a good support post expiry. The market would be very volatile in the coming months. If the market closes above 10150 then it can go upto 10450 and then it may fall again. We have filled the gap which we had on 23 March 2018. Dow Jones will also support. 10197 intra day targets. Averages are oversold and there is a first sign of
reversal. Be selective with the oversold stocks.

BANK NIFTY
Filled the gap. 24120 good area to enter. And you can make 24200 for tomorrow

Exide
Cup and handle formation. On verge of break out . May touch 246

Infibeam
It can make double bottom. Can enter at 142, 146. It will give a jerk and then go up. Can see levels of 190 to form a W pattern

VIPIND
Good to enter at current levels. Next target 590, 900

AB Capital Time Frame: intra CMP: 146 View: Buy- 146.30 SL( hourly closing)- 144 Target 153.80

HDIL Time Frame: long CMP: 39 View: can buy 50% at 37. can touch 33.80 keep for 1-2 yrs can touch 140

RELINFRA Time Frame: long CMP: 424 View: Evening star, standing at supports. If we break 600 then 800 and final target is 1200. But if we breakdown 410 then sureshot buy at 321. Above 525 then it can be a rocket. Current situation is a bit negative

AMARAJA BATTERY Time Frame: long CMP: 784 View: Can head to new levels, 1200 is achievable, 752 is a good buy

SHAKTI PUMPS Time Frame: long CMP: 538 View: wait for 472 levels. It has formed a flag pattern. AVOID for now.

ENGINEERS INDIA Time Frame: long CMP: 157 View: 1st sign of reversal. On the support, after 167 it is good buy. For now it has weak volumes.

HDFC BANK Time Frame: March expiry CMP: 1893 View: buy 1880-85, target 1940 technical gap is there, if nifty supports

TATA MOTORS Time Frame: long CMP: 332 View: Buy at 320-321, gap at 394-395.

BERGER PAINTS Time Frame: long CMP: 247 View: Can be 400-500. it’s for a long term buy.

DHFL Time Frame: long CMP: 502 View: Done with correction. If we fall it will hold as strength is visible. Keep for the target 980-1000. 420 can be the channel low.

RAIN Time Frame: long CMP: 372 View: 550-600

BOMBAY DYING Time Frame: long CMP: 237 View: 218 is a good time to enter. Can triger the stock to 160 because of a gap

Webinar by PSM - Summary by Survat and other Group members

NIFTY

BUY 10370, SL- 10340 Target 10452. Good momentum show continue. A large green candle. 10500 is a resistance zone. It will require full strength to cross 10500. If it crosss 10550 then we will be around 10732. Base around 10138. It is a U shape recovery. Resistence is around 10450-60.

Active closure of around 10550, then it can move up. But we will be back soon at 9825. Play according to channel top and bottoms. Use options for a safe play. Crack one good volatile script and closely tracking it.

Nifty Movement - 3 - 4 years view - 10370, 10750, 9825,10170, 8725, 13800, 18000.

PSU BANKING
Bottom hammer formation. 2800 we should reverse. We are in a diamond channel. Diamond support 2780. It should not go futhur down.
It can take 14-15 months. But we can break PSU. Target 5500. HOLD for 2-3 years. Get into SBI, CANBANK, PNB. They will reverse. Filled bottom gaps.
All shots will cover.

Bank Nifty
Showed a recovery. 24560 good buy bet 24780 target. All PSU will support.

235 Canbank- good buy, can go up to 245 and also can fit 250 intra day

SBI- Bottom hammer, made higher lows Buy 251 can hit 258.

Do not jump into the trades, let nifty correct.

Cement sector is over sold. India cement has made double bottom

Exide- 192 bottom, 215 is a resistence.

KPIT ready for breakout- Buy above 221.80, Target- 245. For intraday buy at 215-216, SL - 214, target 222,229

Name: IOC Term: Short term CMP: 400 View: Exit around 404-405. Cant see more upside

Name: SONATA SOFTWARE Term: Short term CMP: 314 View: Script has moved a lot. Operator control script. It will break down. We can be down at 280 levels.

Name: GRANUELS Term: Long term CMP: 108 View: Hold as a portfolio stock . Will hit 180 and then 270 in the long run

Name: HCC Term: Long term CMP: 31.3 View: Good bet for 2yrs.

Name: FINEOTEX CHEMICALS Term: Long term CMP: 56.55 View: Script is good to go. It may bottom soon. Track fundamentals.

Name: HINDALCO Term: Positional CMP: 227 View: Bullish harami pattern. 231 resistence for tomorrow. 238 is good to exit the script. Pressure in the script

Name: PCJ Term: Short term CMP: 338 View: Jewelery stocks are not working. Sector is under pressure. Not to get into such scripts. 355 is good to exit

Name: TATAMOTORS Term: Short term CMP: 353 View: made a bottom of 340. bullish morning star. Volumes at bottom. Buy 349, target 358.(intra). Hold for long term

Name: DLF Term: Intra Day CMP: 217 View: Made a hammer formation,216-17 is a good point to enter and can go up to 220-21 and 232 if nifty holds.

Name: HDIL Term: Long term CMP: 41 View: Coming out of Future segment in April. Buy at 37. Hold for long term for target of 130.

Name: SAIL Term: Long term CMP: 72 View: Short term 74-75. if it hold then targets of 79-80. hold for long term.

Name: GRAPHITE Term: Intra Day CMP: 674 View: Standing at resistence. Do not trade in this script for intra day. Few gaps at the bottom.

Name: AVANTI Term: Short term CMP: 2281 View: Long red candle. Can come down at 1700 &900. can drift down. If carrying then exit.

Name: ANDHRABANK Term: Intra Day CMP: 36 View: Hammer formation. A momentum carry trade, buy-35.90,35.10 target-38.10

Name: SANGHI INDUSTRIES Term: Positional CMP: 118 View: A reversal is there. Resistence at 121. need to break this and then target of 128.

Name: UTTAMSTEEL Term: Long term CMP: 16 View: Very slow moving.

Name: BALRAMPUR Term: Intra Day CMP: 86 View: Buy- 86.10 Target90.80

Name: HEXAWARE Term: Positional CMP: 375 View: Break new high. 382 immidiate target.

Name: DIVISLAB Term: Positional CMP: 1013 View: Avoid, resistence at 1024. there is a technical gap. If it breaks 1025 then target of 1050. Will correct to 934 levels.

Name: SIEMENS Term: Intra Day CMP: 1106 View: Reversal. Over sold. Get into 1102 target 1127.

Name: INFY Term: Short term CMP: 1185 View: Rounding bottom. Gap up opening buy 1167 and consolidate target 1260

Name: YES BANK Term: Intra Day CMP: 311 View: Buy at 309. SL 304. Target is 317

Name: LUPIN Term: Short term CMP: 770 View: Ready to touch bottom. Correct to 707. then have a look again.

Webinar Summary - 2 Mar 2018

IF dow jones closes below 24300 then it is a worry situation . Then it may slide more by 2200 points

Nifty has a support of 10100 and then it may go up.

Bank nifty is over sold but the kind of move the international market is showing then it may fall furthur
24293 it may fall to this level. 600 points is visible.

UPL Term: Short term CMP: 714 View: it will correct more 600-620 right time to enter

HDIL Term: Long term CMP: 48 View: double bottom formation. If it break this then we will stop at 40. 37.30 is the right time to enter.

TCS Term: Short term CMP: 3037 View: A small cup and handle. May head toward previous high. 2973 is support. Can move up to 3600.

KPIT Term: Short term CMP: 214 View: Buy 207 SL 201 if 201 is broken then it is a worry. IT sector is performinfg so no worries.

INFIBEAM Term: Short term CMP: 157 View: if it cracks 154 then it can come down to 141. if you get at 135-141 you can get in.

IBREAL Term: Short term CMP: 212 View: flag formation. Channel is broken down. 212 is good support. Can slide down to 186.

UNICHEM Term: Short term CMP: 333 View: Story is all over

SPTL Term: Short term CMP: 67 View: 1st recovery. On Monday get is around 66.90. SL- 64.10. Volumes has dries up.

RAIN Term: Short term CMP: 362 View: there is an area of 326-330. SL of 304.

M_M FIN Term: Short term CMP: 427 View: 416 is quite visible. If it break down more then it is a worry situation.

VOLTAS Term: Short term CMP: 619 View: 625 is tough to break. If opening around 607 then there may be a pull back. Suport at 597.

IDFC Term: Short term CMP: 52 View: very less volumes. If we break down. Then buy 50.60, 50.10. then reverse. SL 49.50.

MFSL Term: Short term CMP: 494 View: standing at a very crutial level. It can come down to 450 and 426. More legs to crack down.

SAIL Term: Long term CMP: 81 View: 77.50, if it breaks this then can break to 65. 130-140 in 2 yrs. Short term is 87.

NMDC Term: Short term CMP: 131 View: if there is a gap down then you can buy

TITAN Term: Short term CMP: 810 View: there is evening star formation. May crack soon. If volumes are there then you can short the script

BROADCOM Term: Short term CMP: 246 View: if it moves above 250. then it may move up. Now in consolidation jone.

LT FINANCE Term: Short term CMP: 162 View: the script is coming down. On the verge of breaking down. Enening star formation. 157 is support.

M&M Term: Short term CMP: 732 View: Bottomed at 700. if it cracks then it may test 380 levels.

NFL Term: Long term CMP: 60 View: 57-58 is a good level to get in. Hold for long term will give good returns

BIOCON Term: Long term CMP: 626 View: it may correct as it has a gap. If we break 618 then it will correct again. Avoid at this point.

My Trades - Mar 2018

[9:37 AM, 3/1/2018]: Kpit Looking Postive -

It's ready for breakout - Intraday Target - 224.50

Buy - KPIT CE 230 Strike

🔵 Buy - 4.00

🔴 SL - 3.20

Target - 6, 8.40

[10:46 PM, 3/1/2018]: Dow Jones Reversing from _ lows - Now Down - 124 Points

[6:13 AM, 3/2/2018]: Good Morning

Dow Jones ⛔ 452 P

Sgx Nifty. ⛔ 92 P

[6:57 PM, 3/2/2018]: Dow jones - futures - negative - 661 from thusday closing

[6:57 PM, 3/2/2018]: Sgx Down - 162 Points

[6:59 PM, 3/2/2018]: today is tough day on international markets - hope it covers - otherwise - Monday is sheer panic - 174 Down now sgx

[8:17 PM, 3/2/2018]: Dow should hold - 24355/- Below which charts looks ugly - now down - 320 points addition to 452 Points yesterday

[11:42 AM, 3/5/2018]: Markets are stressed, broken Intraday support - 10353

Will maintain Caution closing below - 10353

Don't leverage or take BTST - in that case

[1:10 PM, 3/5/2018]: Selling should continue -

Caution🔴

[2:31 PM, 3/5/2018]: Glenmark Pharma

560 ce

🔵 11./ 11.50

Target - 16

SL – 9

[5:24 PM, 3/5/2018]: Targets Rates for open calls -

📌KPIT -

Book - Once cash rates hits - 223.50

📌 Glenmark -

Book - Once cash rates hits 557

[5:34 PM, 3/5/2018]: Tough Day - Dow - Fair chances of breaking tonight –

[7:26 AM, 3/6/2018]: Dow Jones recovered

600 points from yesterday lows 🔥

Sgx ➕ 52

[2:29 PM, 3/6/2018]: Adanient -

180 PE

🔵 Buy - 2.90

🔴 SL. - 2.00

Target - 4.50

[2:50 PM, 3/6/2018]: 7 Now - Adanient

[12:40 AM, 3/7/2018]: Castrol

📌 Exide

Holding - Strength

Will participate next for breakout -

Both in derivaties Segment

[5:14 AM, 3/7/2018]: Dow Futures - ⛔Negative - 350 P / Breaking below symmetrical Formation could trigger more selling

[3/7, 9:53 AM]: Relinfra is short below - 426.5

[3/7, 9:53 AM]: Today daily support of market cracks - 421.80

[3/7, 9:54 AM]: First half expected to be slow –

[10:02 AM, 3/7/2018]: Intraday - Strict Stoploss

🔵 Nifty - Place Buy Bids

10170

🔴 SL - 10148

Target Open –

[1:10 PM, 3/7/2018]: Relinfra – 419

[8:08 AM, 3/8/2018]: Nifty - Stands at support zones and holding strength at 200 DMA , 10054 Last Hope - Target 9825, Though oversold oscillatiors shows technical bounce and minor recovery, sluggish tight ranges could trap the move – Caution

[9:26 AM, 3/8/2018]: Triggers –

[9:26 AM, 3/8/2018]: 169.20

[9:26 AM, 3/8/2018]: Now - 172

[10:17 AM, 3/8/2018]: Update -

If Intraday - Stoploss hits

Buy - 170 CE the moment the price hits

162/ 161

Can buy full force 170 CE options

With 1 rs sl

[10:19 AM, 3/8/2018]: Sheer Distribution on markets 〽〽〽〽〽

[2:30 PM, 3/8/2018]: Book Profits - 8 .00

[2:31 PM, 3/8/2018]: Markets sluggish -

Don't want to take risk

Those want to try for more points

Buy point is SL

[3:06 PM, 3/8/2018]: Huge Short Covering -

Out of danger zone -

Good to go – Now

[3:08 PM, 3/8/2018]: Adanient -

🔥🔥🔥🔥🔥

[12:02 AM, 3/9/2018]: Struggling - Dow Jones 🎯24540

[9:08 AM, 3/9/2018]: Scalp Trade-

Canbk

🔵 Buy Bids - 248.90

🔴 Stoploss - 247( Hourly Closing)

Target - 255.50

[10:26 AM, 3/9/2018]: Abnormal pressure

Caution 🔴

[10:38 AM, 3/9/2018]: Present market conditions suggests more down side to follow - Could be temporary pull back -

Need recovery in psu - and nbfc if we are staying to improve sold Averages -

Tatamotors - 330.50/31

Adaniports - 348/-

Reliance - 720

DLf - 194

So just keep watching till. Picture changes

[3:16 PM, 3/9/2018]: Place Buy Bids

Adanient - 152.50

Stoploss - 149

Target - 159.50

Can place for next trading session

[9:51 AM, 3/12/2018]: Short Covering expected -

Stay tuned and watchful

Adanient - 152/- .50

Call triggered

Now - 154

[10:02 AM, 3/12/2018]: 155

[10:03 AM, 3/12/2018]: 158

[10:04 AM, 3/12/2018]: Get ready to book profits

[10:05 AM, 3/12/2018]: Book profits - Adanient

[11:33 AM, 3/12/2018]: Nifty On Ventilator

Just stay Cautious - During Second half - if we don't Sustain today -

Huge panic button 🔴 may trigger the markets down -

I have bought with strick stoplosses –

[6:39 PM, 3/12/2018]: EXIDE -Consolidated well - almost ready for breakout- Stay tuned

[9:55 AM, 3/13/2018]: Yesterday Webinar

All Calls Hit 🔥🔥🔥🔥

🔥Canbk From - 235 to 250

🔥 Kpit - From - 215.50 to 219

🔥DLf - from - 216 to 219

🔥 Exide - 214 to 216.50

And many more

Blasted 🤩🤩🤩🤩

Pcj

Tata motors

[10:20 AM, 3/13/2018]: SBIN From - 251.50 to 259🔥🔥🔥🔥🔥

[10:21 AM, 3/13/2018]: Rocking Profits -

Day ends for me...... 🤩🤩🤩

[1:20 PM, 3/13/2018]: Buy DcB Bank Cash

165 -

Target – 169

[9:33 AM, 3/14/2018]: KPIT🔥🔥

[10:38 AM, 3/14/2018]: Should be watching Adaniports

If market corrects sharply -

Will short

Target 361

[3:34 PM, 3/14/2018]: Kpit -

215/ to 229 /-

Hope all. Enjoying the ride -

Now trail Stoploss to 221.80/- from 217

[8:54 AM, 3/15/2018]: himadri chemical - buy - 153 , sl - 151.8 - target - 157.50 , 163.30

[8:56 am, 3/15/2018]: started watching infibeam again - open interest declining forcing traders to book the scrip - operator might jump in any time soon - 146.50 stands good area to enter

[10:55 AM, 3/15/2018]: Exide 🔥🔥🔥🔥🔥

[11:03 AM, 3/15/2018]: Markets are dull and side ways - Difficult to trade till things fall out of range -

[11:05 AM, 3/15/2018]: shall remain in range for decisive trend - breakout till then avoid call or put options

[11:05 AM, 3/15/2018]: Avoid over trading and stick to stoploss-

[11:06 AM, 3/15/2018]: Present outlook is flat to bullish –

[11:10 AM, 3/15/2018]: Nifty standing at very crucial point

[11:43 AM, 3/15/2018]: Buy Exide Cash Segment

Buy - 218.20 / - SL 217

Target - 221.50

[11:46 AM, 3/15/2018]: Place - 50 % Profit at - 219.20

Rest trail the SL

[9:15 PM, 3/15/2018]: Get ready for shoots -

Can trade quantity shots once Dow Closes above - 25230/-

Boom Boom 💥💥

[9:16 PM, 3/15/2018]: Dow Jones ➕ 250 Points

Webinar Summary - 27 Feb 2018

Summary by - Suvrat Goel

DOW JONES

Touched a peak of 26635 and touched down to 23341.

the dow jones should not correct more, it can correct to 25321 at the bottom

and it should consolidate and it may a double top and we have to see weather the rally will continue or not

NIFTY

There is a sentimental hit in the nifty because of PSU banks. The bulls got the reason to book profit.

now nifty would behave according to the international market and if we track for short term.

there is a gap, 10499 and 10520 amd we have to touch 10500 which can act as a support.

Sectors should help NIFTY to go higher it is not just Reliance that would do everything

Find the support of Nifty.

IT is the part where you can focus - TCS, KPIT, INFY.

short term target stands out to be 10730

BANK NIFTY

there is a gap in bank nifty also. Today was bearish engulfing pattern in bank nifty.

It can correct tomorrow again. 25242 is the support. PNB can come down to 94 and on weekly basis it can come down to 91

then it may bounse a bit. Averages are already sold. Private are holding on. It can hit 26366. We are loosing momentum but it can come

NIFTY PSU

It is kind of a diamond shape pattern and it is struggling to hold on. Relaince has PSU BEES where you can delivery of PSU banking and hold it

and exit at 3200. these are all back bone PSU like SBI, PNB.

PHARMA INDEX

On monthly chart pattern it has formed an evening star formation. It Stands negative on chart. If there is not earning in the companies

then the index might correct and break previous low.Buy only 9652 because then the negative pattern will be negated and will stand at a break out

then the rally may continue and may jump 1000-2000 points . Track news for updates as they supply their material to the USA

Reliance Infra Time Frame: Short term CMP: 457 View: Monthly - Evening Star, Standing at resistance. Anil Ambani prefer to react according to NIFTY. 450-Entry Exit 485 (Channel High)

DHFL Time Frame: Short term CMP: 587 View: Entry @ 551-555 can be a good entry

Mannapuram Finance Time Frame: Short term CMP: 108 View: volumes are low it is a technical bounce. Can come down to 103 levels , 111 is resistance

Ambuja Cement Time Frame: Week CMP: 252 View: 250.5, 248 is a good support, result is good. Can come down to 245 levels and may go up

ICICI Bank Time Frame: CMP: 322 View: 269 is a gap. Election may give opportunity. It is oversold. It is at point of reversal. Not Able to break. Down to 310 can enter.

IDBI Bank Time Frame: Holding a call CMP: 73 View: A technical break out. 72 siuppport. If it closses below 72 and all the options will losse the preium

IB REALEST Time Frame: CMP: 219 View: tomorrow or day after it can go either side. Let channel break and then take a trade SL- 219

SKMEGG Time Frame: CMP: 83 View: It is not a retail script. There is a single man script. Focus for 5-7 yrs.81 is support SL-77

Muthoot finance Time Frame: CMP: 390 View: 436 is resistance. It has made a rounding top. 402-404 is resistance . Posititve sign in short term. Buy 383 SL- 370.

NATCO Time Frame: CMP: 770 View: ready to break more. 730 is zone of reversal. Oversold script.

KPIT Time Frame: CMP: 213 View: 216-17 if it breaks then it may head to 250 levels

JSW Steel Time Frame: CMP: 318 View: going good. 337 resistance and profit booking

Ashok Leyland Time Frame: Short term CMP: 138 View: 150 targets may test 160-65 for short term

GVK Power Time Frame: CMP: 17 View: on sell redar can come down to 13.50, 16.50 is support may go up to 19

IRB Time Frame: CMP: 233 View: good today 235 is testing jone. 237 is broken then it will test 247. can mobe up to 270-280 levels

DLF Time Frame: 1.5 yrs CMP: 222 View: attractive script. Fundamentals improving. Books will be cleaner. Entry- 198(may test) pick delivery. 350 targets

AXIS BANK Time Frame: CMP: 538 View: the script is not to pick at any point. May test 480 and 490 and wait for resistance. Avoided for investment.

BIOCON Time Frame: CMP: 622 View: there is a technical gap. Top @657 and it is reversing. If 615 is broken then you can short the script

COAL INDIA Time Frame: CMP: 309 View: Support @303 formed an engulfing pattern. If 306 is broken can test kevel 294 at the bottom

HUL Time Frame: CMP: 1346 View: Harami pattern. No fresh buy. If it breaks 1376 then target of 1440.

HCC Time Frame: CMP: 34 View: price discovery is not clear. 32.65 is broken it may test 27

HPCL Time Frame: CMP: 391 View: 399 is resistance. Then target 410.