Tuesday, 6 June 2017

Market Update by Mumbai Team

ITC – to venture into frozen foods launching new product category every quarter. Company is also one of the major beneficiaries of GST.

SBIto take hit of Rs 900 crore on Kingfisher dues - expects to recover only small part

Kaveri Seed – to announce Buyback Of Equity Shares

Mafatlal Industries – ready to make an entry into the ready-made segment, aims to tap North India as a market

M&M - Topline and bottomline ahead of estimates, operational numbers in sync – mainly due to tractor business

BAN SCRIP - DLF, GMRINFRA, IBREALEST, INFIBEAM, JPASSCOAIT, RCOM, RELCAPITAL

                  




OI has increased at 9700 CE , 9800CE and 9900 CE strikes :
Comparing it with FII data today’s addition in Call option Sell positions are added by FII’s, Pro traders  and Buy positions are added by Clients. Nifty might take some time to come up as clients have bought more call options today

OI has increased at 9500 PE, 9650 PE strikes :
Comparing it with FII data today’s addition in Put option Buy positions are added by FII’s, Pro traders and Sell positions are added by Clients.

Although today’s data is showing negative signs, I still maintain my bullish view as amount of selling done by FII and Pro traders is very less compared to the buying happened earlier. Hence chances of Nifty touching 9850 levels is
high




Volume Shockers




View From Lion's Desk: Tata Global
Morning Star - Weekly Formation at 151.25
It should hold at this level and bounce back. Maintain Stoploss of 147
I will average my trade if it touches 151.25
I am looking for the target of 185 - 204 in three months time frame


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.

My Trades - Equities - June 2017


Click here to view my Trades - Equity - January 2017
  
Click here to view my Trades - Equity - February 2017
  
Click here to view my Trades - Equity - March 2017

Click here to view my Trades - Equity - April 2017

Click here to view my Trades - Equity - May 2017
  
Click here to view my Performance Report




Date: 1st June, 2017

Time: 13:16 IST

Market - " Saying - I am not well - Stay away from me -"

I just said OK - I am out - breadth loosing - 

Time: 13:38 IST

Avantel - I sold partly at 254 which I bought around 145 levels.

Time: 14:27 IST

Upmove started in Dabur, Colpal and Emami. I am expecting Dabur to reach 343 and colpal to reach 1144 levels.

Date: 2nd June, 2017

Time: 10:32 IST

Tata Global - I am buying June 160 CE at 3.6 witha stoploss of 2. I will sell around 8.

Time: 15:25 IST

Adani ports - I am buying JUne 400 CE at 1.75 with a stoploss of 1 and will sell around 3.5.

Date: 5th June, 2017

Time: 10:56 IST

Tata Global - I will buy more if it closes above 159.5

Date: 6th June, 2017

Time: 13:58 IST

Adani ports - I sold 400 CE at 3.5 which I bought at 1.75

Date: 7th June, 2017

Time: 22:51 IST

Lakshmi Energy


I will buy at 47.80/30 with a stoploss of 46.1 and will sell at 49.20/95              

Date: 8th June, 2017

Time: 15:00 IST

Lakshmi Energy - I exited my intraday positions

Date: 9th June, 2017

Time: 11:02 IST

Indigo - I am buying at 1153.25

Date: 16th June, 2017

Time: 09:48 IST

Tata Global - I am expecting it to move. Resistance at 164.3 / 167.1

RCom - I will buy at 19.1 / 18.6 with a stoploss of 17.4. I will sell at 22.4/24

Ashok Leyland - I will buy on dips around 93.5 with a stoploss of 92.4. I will sell at 98.4

Indigo - Quoting at 1212 which I bought at 1513

Time: 16:38 IST


I am finding most of the commodities chart lacking strength - Gold, Silver, Nickel, Copper, Crude

Big crack in commodities in making - 

I am staying away from the market - Reason - Still not visible - Chart structure speaks cloudy astro. 
Expectation - I am not shorting blindly -I am waiting for the momemtum talk on behaviour -Will signal

I am exiting my Equity.... Portfolio - partly - and putting my hedge on

Date: 18th June, 2017



Time: 09:48 IST

Jet Airways

I will buy at 519 with a stoploss of 497 and will sell at 560/624

Crude - I am expecting crude to touch levels of 2762 / 2665 / 1667

Date: 19th June, 2017



Time: 07:32 IST

Nifty - Flag and pole pattern on daily chats


My Analysis Corrective wave with High volume DOJI Formation - Reflects short term Reversal - Major - Resistance - 9630/35 Major Support - 9580 🔻9505🔻9372🔻9225 My theme of trading - Stock specific approach - - Shorter Time Frames - & Limited Volume Reversal

Time: 08:12 IST

GVK Power - It is in consolidation zone and has witnessed some interest on buying side -
It is forming flag pattern formation and good to go> i will buy above 6.55 and will sell at 6.85



Bharat Financial

The script Trending down and took double bottom support around - 670 ( Reversed) Short term Resistance around 724 levels where it may find some resistance

Long term view

Negative Formation Some major glitches monthly Charts - Could not break previous high and Rounding back with high volumes - Should not - break - 663 - If breaks below - Heavy slides possible - Presently structure - Stable

Time: 19:21 IST

Ganesh Benzo 


I am buying at 48 with a stricy stoploss of 45.1 - Volume consolidation on previous high - Sustaining With higher lows - Seems breakout possible near term 

Date: 20th June, 2017



Time: 08:49 IST

Nifty - Nifty to hold 9620-9600 levels to start fresh rally for 9700-9750 levels

Time: 10:36 IST

Ganesh Benzo - I sold at 53 which I bought around 48 levels

Date: 22nd June, 2017


Time: 14:49 IST

ONGC - I will buy 30% at 162, 30% at 159 and 40% at 152 with a stoploss of 147. I wil sell at 185/192

ONGC - I will buy June 160 CE when cash price hits 158.8

Date: 24th June, 2017


Time: 14:49 IST

I am focussing on RelCap, GNA Axles, Infratel, HDIL and selective SME.

Date: 27th June, 2017


Time: 14:33 IST

ONGC - I sold June 160CE at 2 which I bought at 1.


Date: 29th June, 2017


Time: 10:04 IST

Ashok Leyland - I will buy July 100 CE at 0.9 eith a stoploss of 0.6. I will sell it when cash price hits 98.4

Monday, 5 June 2017

Daily Update By Team Mumbai - Pro Traders

Corporate News

SBI Bank QIP - SBI sets floor price for share sale at Rs 287.58/share. Previous qip by SBI (2014) diluted govt's stake to 58.6. Major participant to buy was LIC (41.3%). The stock doubled in following 12 months.

HDIL - Bulk deal by Societe Generale. 4% up.

BHEL - 79% dividend proposed for FY'17. Highest in 3 years, Four times the dividend paid (20%) in the previous year.

TVS Motors - hiked the prices by up to Rs 700 (hike of 1%) to pass on the increasing input cost, effective 4th June 2017.


RCom - 2% up as the bankers okay SDR to get standstill on debt obligations for 7 months. Short covering on the news. Plans to sell a majority stake in Reliance Infratel and a merger with Aircel’s wireless business will reduce its debt by up to 60 per cent. Time till December 2017 to repay debts. Stock to be watched.


                  

Chartists: Today talking about Deepak Nitrite



Burnpur Cement: Support - 10. Stoploss - 9.25



Open Interest Data




OI has increased at 9800 CE , 9900CE and 10000 CE strikes :

Comparing it with FII data today’s addition in Call option Buy positions are added by FII’s, Pro traders  and Sell positions are added by Clients.This indicates Nifty will move to 9800 to 10000 levels




OI has increased at 9500 PE, 9600 PE 9700 and 9800 PE strikes :

Comparing it with FII data today’s addition in Put option Sell positions are added by FII’s, Pro traders and Buy positions are added by Clients. This indicates Nifty will move above 9800 levels.

Based on the Call and put options data Nifty will move above 9800 levels this series as FII’s and pro traders have shorted Put and bought Call options. FII’s are also long in Index futures.

Volume Shockers with High Delivery Volume %


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

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


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

Mumbai Pro Traders Speaks

Date: 27th and 28th May 2017
Location: Mumbai

Tushar Popat

Finally the day arrived for the 1st workshop with SIR PSM.

Very 1st mantra given by SIR PSM to be successful in life

DO WHAT YOU DONT LIKE.


I had a wonderful time. SIR PSM is a thorough gentleman full of knowledge of each and every aspect of stock market. Myself as a trader/investor before the 2 day workshop, if funds were available I would jump into the tip or call which were provided by any friend or any one else with no input of my own. No management at all. No predefined entry, stop loss (what is stop loss, why stop loss) target. I was ever ready to give money to stock market.

My takeaways:

1) One thing is for sure I will never invest / trade without viewing the chart or understanding the fundamentals of the business.
2) I will never chase price in greed.
3) I will keep practicing whatever I learned in those 2 days to make sure I have more successful trades.
4) Most importantly DO WHAT YOU DONT LIKE - Will be following thoroughly.

Vote of thanks to SIR PSM.:
Deepa, Ramesh, Kunal, Yogini thanks a lot making the workshop happen.
Tushar, Ankur, Shiv, Ram and Dashmesh thanks a lot for joining with me for the workshop.

Shivrajkumar

I realized that First thing is Trading is to Understand yourself. There is no Prediction in Markets.

My Perception towards my Trade is changed after attending the Training session. I know my Risk and Reward before I take any Trade. Ideal Risk Reward should be 1:2, 1:3 for Positional Trades.

I would buy only Growing companies.

I would Buy at Discounted Price.

Being Retail Traders we should not leverage money from Brokers.

We need to Study the Event related to a particular stock and Study its Implications.

Novice Traders need to focus on Sustaining in the Market during initial days/weeks/months.

We learned drawing Trend Lines, EOD Analysis, Support and Resistance zones on various time frames, Identifying Patterns on Charts, Volume based Analysis along with Oscillators. We practiced trading with Virtual Money.

PATIENCE and DISCIPLINE are the two Key things in Trading.

Thanks to Puneet Sir and Deepa Madam for such a wonderful Knowledge sharing session. 

Ram Prabhu


                  

I have attended the training with lot of hope and I am not disappointed. Puneet has loaded us with lot of knowledge that he has got from 17 yrs of hard work. The best part of the training was I got lot of confidence while entering my trades. Training was very simple and easy to understand.  Feeling proud to trade as a Pro with Pro's.  I am confident that I will be able to give calls in EQ Technical group soon. Thank you Puneet and Deepa for a life changing session.


Kunal Shah
First of I would like to convey my Gratitude and Thanks to Puneet and Deepa for organizing​ such a wonderful training.

This was one of the best experience I have ever had to deal and meet one of the best Scalper of Stock Market.

The training has changed the perception towards Technical Analysis and practical implementation of the same, which was never seen before by myself.

These two days has clearly brought changes in my approach towards stock market and will help to earn with help of learning.

The best part of training was Punnet showed us what Pro Traders are capable of and what we can achieve if we apply ourselves when we are really passionate.

I am Proud to be associated with Puneet in his First batch and as I always say Happy to be part Puneets Army.

Thanks once again to Puneet for sharing his experience and Time for this special training.



Tushar Damodare


They say.. if you are born poor it isn't your fault, but if you die poor it is totally your fault. I don't want to die poor. And earning your living though job not gonna change anything. That's why I turn towards share market because it's the only place where you won't be judged by your capital. No matter  how small capital you have. If you learn this trade you will be king in no time. But finding a good mentor ain't easy. 
When Deepa mention about the seminar, I was bit skeptical but I had seen passion shown by Puneet sir's calls so I decided to attend the seminar and it was totally worthwhile. It definitely help me improve my horizon of thinking about share market. It helped in understand the bigger picture. And most of all it gave me confidence. I am really thankful to Puneet Sir and Deepa for arranging this seminar. I am not rich yet but with the confidence I got out of it.. I surely feel like one.
 Yogini Nene

For the first time, I attended any training on share market, delivered by PSM at Mumbai. 

As poorly informed retail traders, we often make mistakes and lose money. Not only Technical analysis, but also understanding the big movements and their impact, and the right mindset of a trader - are equally important as to avoid losses. PSM's two day program trains on all these fronts effectively.

After the two-day extensive training program, now I am able to differentiate between various events in the market, use technicals to predict trends, look for opportunities, and avoid any panic. The training is more useful because of real scenarios shared by Puneet.

For a novice, training conducted by PSM is similar to learning a new language all together. The language in which the stock market communicates.

(I wasn't sure if you want to be mentioned officially about this activity, so did not mention you Deepa - this wasn't possible without your lead n motivation.)

Ankur Neshti


Trading - Always felt difficult. A pure gambling. With no much exposure to the ecosystem of how Stock Market works, it was even more difficult to hope of becoming a professional trader. It was more of 'lets-try-my-luck-today'.

With good months passed at Equity Technical Analysis group, things started getting better and better. Different initiatives introduced everytime, over a period of time helped in getting the reliability factor amongst each member. 

This initiative of taking a live session on Trading in Mumbai was one of the best of its kind. From novice to intermediate to pro, what all should be considered to evolve from one to another, was the best part of it. Its not anymore lets-try-my-luck-today but 'lets-make-my-luck-today' version. 
Out of the 2 days of planned session, the first one seemed worth the money. With all the insights of trading by Puneet, it helped a lot in understanding this gambling world. It gave a huge boost of confidence of carrying ourselves in this journey of making money. Would love to be part of more such intense sessions, if ever to be planned in future. 
Thanks a lot to Puneet Singh Marwah for all the efforts made to help us help ourselves.
Thanks to Deepa n Team for making this session successful.

Trading is not difficult anymore. It is an art and we are artists.





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