Sunday 4 November 2018

My Trades - November 2018


[11/6, 7:02 AM]: *Nifty* -

*Outlook* - Range Bound

*Strategy* - Buy Supports &  Sell Resistance

🔵 10460

🔵 10428

🔴 10497

🔴 10549

🔴 10655

🔴 10669

🔴 10700

🔮Nifty - Consolidation period - Should attempt trading correlations stocks - Option writing strategy should work well.
____________________________
*Stocks*

*Exide Industries* -

🔵Buy - 245/247

🔴Stoploss - 239( CL)

🎯Tgt - 254, 259, 264





___________________________

*IGL*

STRONG BUY - 268

TGT - 320

POSITIONAL


[11/7, 2:18 PM]: *Diwali Scalp Shots* 💥

🔮Tata Motors - 190.70

🔮 Voltas - 513.10

🔮 DLF - 169.20

🔮 Can bank - 237.10

🔮 Yesbank - 211.50

🔮 Relinfra -  351.20

🔮Pc Jewellers - 77.10

🔮SBIN - 281.40


All above are trigger points and can easily give you 2/ 3 points on bounce

Best wishes for Muhurat trading -

🎊🎊🎊🎊🎊🎊🎊🎊🎊

[11/9, 1:33 PM]: Indiacem


🔵Buy 98.10

🔴Stoploss - 96.80 ( cl)

Target 101, 103

[11/10, 11:26 AM]: ICICIBANK - Standing tall and positive - expected to breakout and can se single day rally

Since it's Nifty participant it's the one which can take Nifty higher -

So we expect Nifty to move higher then - it's the important ingredient

[11/10, 9:24 AM]: One more thing which one should see the open Interest -
Since most of open Interest of ICICIBANK is 360 370 380

suggestion

ICICIBANK may see spike and then cool down to add more open Interest from retail and then in turn expiry below - 360 to eat all

[11/10, 9:25 AM]: So be active in following short term moves -

Apply formula on 5 mins - 3,8,14 ema to stick to Operators move

[11/10, 11:42 AM]: 📌5 Consecutive Days - Candles hitting super trend and not able to close above -

📌Important Resistance - 10655, 69 ,700

📌Traders might turn buy side above the said points to play gap near 800

📌 Hdfc, indusind, ICICIBANK - Key ingredients to take Nifty up...Charts have consolidated well to advance new move

📌Options writing - Returns are huge - on individual stock -
Check for false premium - some scrips options are trading even 40% to Intrinsic value before results

My take -

*Nifty*



Current - 10585



🔵 10655/ 700



🔴 10460



🔵 10850


All can happen on Gap - trading - as flat opening is unsuccessful to capture momentum


Sunpharma - 591.50 buy ( Monday)


Titan - Monday 🔵Buy + 838

[7:20 AM, 11/12/2018]: Pcjeweller - 🔵Buy - 91.10/90.10 - Target - 106, 107 - 112


[8:46 AM, 11/15/2018]: Good Morning -

There have been many situations when stock have fallen - suddenly - its all happens when stocks are highly recommended on board -

Pharma stocks - has been  considered as goodest best since last once year at current rates - & performance been neutral ;

It's is always a possibility of chucking the rangers out from range feild -

Sunpharma : May not perform for going month as loads of longs recommended at higher levels - till the time longs unwind stock will take time to recover to previous levels

Suggestion

📌Stay on delivery - and wait for right time - to get the levels -

📌Future - write calls

📌 (493 -524) band



[9:13 AM, 11/16/2018]: DHFL - Moving target - 251

[1:55 PM, 11/16/2018]: Igl 

Buy - 263.50

Positional Cash Trade 

SL: 249

For target of 320

[6:30 PM, 11/16/2018]: India cement - Inverted H&S - Pattern - Can see strong move once close  above - 96.80


[8:44 AM, 11/17/2018]: Nifty - Close to Gap fill-in / Dow Jones positive close with trend intact -



[9:04 AM, 11/17/2018]: Bharti Airtel- Triple Bottom - Reversal



[9:30 AM, 11/17/2018]: Sunpharma - Stock is trying to hold trendline - Not standing the resistance point of 525/28 Band - Can break - 499 levels to make short term base of 493


[11:14 AM, 11/18/2018]: HDFC bank

📌Last four days strong upmove - Nifty mover - Range - 1910 to 2008.

📌 Nifty sustaining the gap needs participants ; One of the strong contender - 

📌1992 - 3 / Strong support zone - May reverse to carry the uptick ,breaking price band -

📌Price target hitting supertrend for consolidations - 2023/40

📌Crucial period - Elections - 5 states -Results - 11 Dec

📌Nifty near 10900 - Decisive point for further move -

📌 International markets largely range bound - 

📌Tech- Stocks may look for larger move - trending nifty 

📌Stay hedged on trade and short term targets with strong SL - works to be better strategy


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