Monday, September 30, 2013

Gap down opening on last day of month

Gap down opening of 40 to 60 Nifty points or 0.8  % is expected with possibility of choppy session and gap filling at later stage .Last week closed at negative note  post positive move of three weeks . expected weekly range 5700 – 6000.


Daily chart is indicating consolidating at and above 200 dma few more days stay at 5800 level can’t be ruled out .Nifty is playing at traders action zone .looking up ;


Trade in Nifty futures as per these levels 

Buy at / above: 5838   Targets: 5854 – 5874 – 5893 – 5912
Stoploss : 5814
Sell at / below: 5814   Targets: 5797 – 5778 – 5759 – 5740
Stoploss : 5833

 Bears may dominate only if  nifty will trade below 5800 for 2 to 3 sessions .

Gap down opening on last day of month

Saturday, September 28, 2013


 "We Shall listen"...

The key domestic benchmarks ended lower as the indices slumped between 2.65-3% dragged down by banking and metal stocks. Sentiment weakened after RBI chief Raghuram Rajan warned that inflation remains high, raising speculation of a further hike in interest ratdespite plummetg growth in Asia’s third biggest economy, weighing on banking stocks.

Investors were also cautious ahead of the current account deficit data for the quarter ended June 2013 due next week, with the shortfall tipped to exceed USD 18.1 billion posted in the March quarter

A positive September month with ~7% gains has just gone by and October comes with more pessimism than optimism. Fitch’s India Ratings says  unless the prices of diesel, petrol and LPG are raised, the fiscal deficit could exceed 5%. The outlook is a positive start. Indices may languish in a range with lack of positive triggers. Global cues are mixed.

On the Global front, European stocks declined as Italian bonds fell after a debt auction and concern grew that budget wrangling in Washington will lead to a government shutdown. Economic confidence in the euro area increased more than economists forecast in September, adding to signs the single currency bloc’s recovery is gaining momentum.

Wall Street ended lower on Friday. The S&P 500 declined 1.1 percent for the week and is roughly 2 percent below its record high set September 18 when the Federal Reserve announced it would keep its stimulus program unchanged for the present.

Japan's Nikkei is marginally lower while Hong Kong's Hang Seng index is down 0.10%. South Korea's Kospi index is up 0.28%. China's Shanghai index was trading 0.24% higher at 2,161.69. In the US, the S&P 500 and Dow snapped five‐day losing streaks following positive job market data.

On the Domestic front, Eyeing to increase two-way commerce by five times from the current level of $100 billion, India and the US have vowed to expeditiously address all trade and investment policy issues to remove obstacles and improve business environment in both countries.

Shrinking exports and high gold imports might have pushed India’s current account deficit for the financial year’s first quarter, April-June, to about five per cent of gross domestic product (GDP) as against 3.9 per cent in April-June 2012.On the other hand, Finance Minister P Chidambaram has said the rupee’s “right value” is 59-60/dollar.

The Report of the Dr. Raghuram Rajan Committee for Evolving a Composite Development Index of States has been submitted to the Union Finance Minister P. Chidambaram.  Using the index, the Committee has identified the “Least Developed” States as Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Meghalaya, Odisha, Rajasthan and Uttar Pradesh, the Finance Minister added

A week’s before breakout above 6,000 levels has proved to be a whipsaw as Nifty lost 3% this week unable to sustain at higher levels. On the daily chart, Nifty is forming a bearish head & shoulders pattern with neckline placed at 5,820. A close below the same next week would end the current rangebound phase and Nifty could decline towards 5,500 levels.

Nifty continues to be in a range between 5,800-5,970. However, momentum appears to be shifting from index heavyweights to mid-cap space. So as long the Nifty holds on to recent low of 5,810, we expect this outperformance from side counters to continue.


  • Nifty saw a rollover of ~65% into Oct series vs ~52% in Sep series
  • Market wide rollovers of ~76% into Oct series vs ~70% in Sep series
  • Strong Sector rollovers in Media, IT, Telecom & Metals.
  • Weak Sector rollovers in Realty, FMCG, Pharma & Oil & Gas. 
  • Positive Rollover cost was seen in Dish TV, Rpower, Biocon & GAIL.
  • Negative Rollover cost was seen in BHEL, HDIL, IFCI & FINANTECH (some may be due to dividends)

The ongoing Aug eight infrastructure industries data, Aug fiscal deficit data, Q2 current account balance data all would rock the market on Sept 30 followed by  Sept Market Manufacturing & service PMI during 1-4 Oct.

October month has often seen crashes in the market. The coming week will see the market reacting to plethora of macro-economic numbers. On Monday, Balance of payments for Apr-Jun, 2012-13 and core sector growth for August will be announced. Later in the week, all eyes will be on the September manufacturing and services PMI data. Also, watch out for monthly sales numbers of auto and cement companies and of course investors will keenly watch whether or not there is a shutdown in US.

Rock N Roll


P.S :

In sideways markets, a good trading strategy is to identify the range of the 
market by drawing  the two horizontal lines from  the major high 
and low that form the range, then buy/cover short
 positions when the price is at or near the lower end of the range 
and sell/sell short when the price is at or near the higher end of the range

Friday, September 27, 2013

Nifty entering in Oct Month on 27 Sept 13

Nifty entering in Oct Month on 27 Sept 13  wit flat to slightly negative opening is expected with possibility of profit booking at higher levels . Intra day  view sell on rise and book profits at low . positional  view start accumulation at lows for nifty short term target of 6250  6300 within a month or 2 . plan your trades accordingly.

Daily nifty chart is consolidating in  5800- 5900 range ,it may stay here for  few more sessions then it will break its range . Market won’t move 200  or 300 points  till it is bounded in these two red horizontal lines shown at chart .


Trade in Nifty futures as per these levels

Buy at / above: 5971   Targets: 5987 – 6005 – 6024 – 6045

Stoploss : 5946

Sell at / below: 5946   Targets: 5926 – 5911 – 5891 – 5872- 5854- 5826

Stoploss : 5971

Trade  in direction of wave  first of all spot it and then ride on it … never try to catch the falling knife . 


Nifty entering in Oct Month on 27 Sept 13

Thursday, September 26, 2013

Nifty outlook on Sept expiry day

Nifty outlook for expiry day on 26 Sept 13…Something odd is here 26 then 13 possibilities are- market may surprise all bears because maximum small traders are expecting settlement below 5750 but if market will close above 5900 after a gap down open won’t it be a surprise for all ?


Yesterday we have picked up top and bottom for nifty and for you

same for  options buy and sell more than 100 % gain was there on options call


Trade in Nifty Oct futures as per these levels

Buy at / above: 5929   Targets: 5945 – 5964 – 5983 – 6003
Stoploss : 5909
Sell at / below: 5909   Targets: 5893- 5874 – 5855 – 5836
Stoploss : 5929

these are not targets these are support and resistance levels   suppose NF is trading at 5940  in that case  5945  will act as roof /resistance and 5929 as floor /support if nifty will unable to move above 5940 we will plan sell nifty f at or below 5940 during market hours seeing market conditions in such cases please do not wait for  5909 to come .

options table showing pivot at 5850.

Nifty outlook on Sept expiry day

Tuesday, September 24, 2013

low risk high reward trade

low risk high reward  trade …buy natural gas at and above 222.50    …

accumulating /consolidating here

possible upside break out will be there

keep sl 221.80  90   as per your risk

Intra target 225  228

trading at 222.10  20

buy at 222.50 60 low risk high reward trade

if blasted up after 7 points fall  from days high

nat gas buy


low risk high reward trade

Expect volatile session on 24 Sept 13

Negative to gap down opening is expected with possibility of range bound /choppy session ahead between 5860 >< 5940 . 
Volatility may be there as only 2 sessions are there for settlement . 2 out of 6 indicators  may support bulls as per eod  daily nifty charts...So bears  may or may not take a pause today ...
If they will not stop nifty will trade  and close below 5850  if they will be relaxed nifty may trade in 5850 5950 range

Trade in Nifty futures as per these levels
Buy at / above: 5916   Targets: 5929 - 5948 - 5967 - 5996
Stoploss : 5897

Sell at / below: 5897   Targets: 5878 - 5858 - 5836 - 5816-5792
Stoploss : 5916

stay at Dhanvarsha chat room for real time support /tips /updates  at

Monday, September 23, 2013

Nifty view for Sept month expiry week

Dhanavarsha chatroom for real time updates and calls  at

Nifty macro view as per weekly chart :- last  weekly candle  is ended making spinning top  indicating for dilemma in traders  , zone  is  bullish ,up or down both moves may be there as per candle  but  profit booking has  already been started on Friday so looking down to  5850  5700 before  expiry .


Daily chart is indicating  that 5850  5740 5560  are supports and  6100 is resistance   , 5850 must hold nifty for expiry day if 5850 will break then 5740 may hold below that free fall and panic sell off cant be ruled out.


Gap down opening of 1 to 1.5% is expected with bearish sentiments . possibility of choppy session which may turned  in increased volatility but red closing cant be ruled out .

Trade in Nifty  Futures as per these levels

Buy at / above: 5971   Targets: 5988 – 6008 – 6027 – 6048
Stoploss : 5955  

Sell at / below: 5955   Targets: 5933 – 5912 – 5893 – 5874
Stoploss : 5971

Trade according to trend- do not oppose it if you do not know how to swim please do not jump into the  river.


Nifty view for Sept month expiry week

Sunday, September 22, 2013



It was a week of extreme surprises for the stock markets. 

On one hand, the Fed Chairman Ben Bernanke pleasantly surprised markets and fuelled a rally across the globe by refraining from reducing its massive economic stimulus. 

On the other hand, market sentiment back home dampened after the new Reserve Bank of India governor, Dr. Raghuram Rajan, in an unexpected move, raised the repo rate by 25 basis points to 7.5%. The central bank also revised the Marginal Standing Facility by 75 basis points to 9.5%. Meanwhile, WPI inflation rose at the fastest pace for six months in August, driven by an 18% jump in food prices.

The inflation surged to 6.1% in August against 5.79% in July. 

Banks are likely to show substantial MTM loss on their AFS investments in the current quarter as medium and long term bond yields are unlikely to come-off by the end of the month. 

Considering deepening growth slowdown, we do not envisage further repo rate hike in FY14. If the rupee continues to appreciate, then the MSF rate could be reduced further and the overall liquidity window under LAF would be expanded. With major events out of the way, the coming week will see rejigs in portfolios. Investors can do some cherry-picking in case of major fall in fundamentally sound counters.

Nifty Future VWAP as below;

Equities fell and the rupee weakened on Friday following a surprise decision by the Reserve Bank of India (RBI) to raise the repo rate, at which banks borrow from the central bank. 

The rupee ended at 62.28 to a dollar against the previous close of 61.78, a weakening of 0.81 per cent. 

Government bond yields rose sharply. RBI would auction government bonds for a notified amount of Rs 15,000 crore on Monday, due to which sentiment in the bond market might continue to be bearish.

Sensex earning estimates as below;

On the global front, the focus for next week will start with the national elections in Germany, Europe's biggest economy, to be held on Sunday, 22 September 2013. Recent polls suggest neither of Germany's two main parties -- the Christian Democratic Union and the Social Democratic party -- will secure enough votes with their traditional coalition partners to cross the 46% hurdle needed to form a government, making a grand coalition between the two the most likely outcome. Also the Market Economics will release the HSBC China Flash Manufacturing PMI for September 2013 on Monday. 

On domestic front trend in investment flows of foreign institutional investors (FIIs) and movement in other emerging markets may determine near term trend for our markets. The market may also remain volatile next week as it would have derivative settlement. 

Advances vs Decline as below;

Stock specific Wipro will be in focus as the stock enters the 50-unit CNX Nifty index on Friday, 27 September 2013. Wipro will replace Reliance Infrastructure in Nifty.

Markets extended the positive momentum forward after Fed Chairman refrained from reducing its massive economic stimulus. Nifty managed to close above 78.6% retracement of the entire decline since May. In the past Nifty has failed to sustain on a prolonged basis after breaking out above 6,000 levels hence more confirmation is needed with breakout above previous peak of 6,229 in order to reinforce the positive stance.

FII activity as below ;

FIIs were net buyers in both Cash and Index future segment. Nifty futures rolled at around 29% and Bank Nifty at around 18%.The weighted average price for Nifty is around 5720 while that for the BankNifty is at 10720. On option front, Nifty 6100 call has seen buying since last few trading session, while put writing was visible 5900 and 5800 strike. For the week, Nifty might trade in the range of 5900-6250. Metals, Cement and Power stocks has seen long addition in last few trading session. 

Sectoral Performance  as below;

Aug eight infrastructure industries data is expected to arrive on Sept 25 towards Sept 30.

The US markets slipped on Friday, as investors reacted to the uncertain signals from US central bankers. The selloff intensified in the last few minutes of trading but despite of that benchmark indexes still managed to post a third week of gains. 

The final trading session of the week had one Federal Open Market Committee member signaling the Fed could curb stimulus next month and another critical of the decision not to taper in September. Federal Reserve Bank of St. Louis President James Bullard stated that the decision not to begin tapering followed weaker economic data, and that a small taper could start in October. Bullard added that tapering is more likely if the labor market continues to improve. Kansas City Fed President Esther George stated that markets were ready for reduced stimulus to begin, and the central bank’s failure to follow through on expectations hurt its credibility on Wall Street.

Meanwhile, defying a White House veto threat, the Republican-led House of Representatives passed a bill that would keep the government open through mid-December and also eliminate funding for President Barack Obama’s health-care law. The bill is part of a two-pronged strategy to attack Obama’s health law. Republicans are also aiming to cripple the law in return for agreeing to raise the US debt ceiling, which Treasury Secretary Jack Lew says the debt will be hit in mid-October. House lawmakers approved the budget bill by 230 to 189, mostly on a party-line vote. House Speaker John Boehner and other Republicans insist their party has no interest in a government shutdown or defaulting on the US debt.

The Dow Jones Industrial Average lost 185.46 points or 1.19 percent to 15,451.10, the S&P 500 was down 12.43 points or 0.72 percent to 1,709.91, while the Nasdaq dropped 14.66 points or 0.39 percent to 3,774.73.

Indian ADRs closed in red on Friday; ICICI Bank was down 1.63%, HDFC Bank was down 1.39%, Tata Motors was down 0.92%, Infosys was down 0.63% and Dr. Reddy’s Lab was down by 0.36%.


Nifty Future Index Sept month expected to close bullish above 6119-6150, as per technical's breakout resistance found at 6189, 6209. Index optimistic and bullish.

Rock N Roll


Friday, September 20, 2013

plan your trade then execute your plan

plan your trade then execute your plan

Call was shared at

Free Chat room at Dhanvarsha

20 Sep 13, 09:29 AM

[×] [o] admin: NF SELL at / below: 6144 Targets: 6122 – 6102 – 6081 – 6051- 6005-5962 Stoploss : 6162

We have alerted you yesterday “ Perhaps Elliot’s 5th wave may be completed today  and we may observe ABC pattern or reverse wave … 6100  is medium term pivot point. this  wave  pattern was plotted on 2nd Sept 13 and  nifty moved ditto .  ” at

today too it was shared  at morning 8 AM that we are expecting market at 5950

20 Sep 13, 08:01 AM [×] [o] admin: 5950 or 6250 both possibilities are open

20 Sep 13, 08:02 AM [×] [o] admin: we are looking towards 5950

20 Sep 13, 08:02 AM [×] [o] admin: what is yours view , u may share here

[×] [o] admin: all targets done gain of 175 or more points on call

19 Sep 13, 02:45 PM admin: 4 % up nifty….done i wont ask to go LONG at any cost as it is trap as per me

19 Sep 13, 02:46 PM admin: as per SELL nifty at 6163 and hold without sl as per your risk appetite

6163  sell call initiated  traded at 5951   sell call  gained more than 200 Nifty points  …



plan your trade then execute your plan

RBI policy day out look and Nifty levels

nifty outlook RBI policy day 20 Sept 13

Friday : Take money home>>>

weekly chart indicating for 2 levels …5950  or 6250

we are expecting 5950 if Raghu will not surprise reason trend line is calling prices to come down and close within limit …

Flat to negative opening is expected with extremely volatile session ahead .advising to book profits  on each 20 points nifty swing in choppy / range bound market and trail  with stop loss in trending market ,to spot  range bound or trending market use our own method /ideology . it is true that market trades in trend only 20 %  of its trading time and 80 % trades  in range .  It is RBI policy day ….will Raghu surprise all of us by Chavanni ???

Chavanni will take us to 6250 and without that Chal bhag chalen South ki side.. I mean 5950 .

Trade in Nifty futures as per these levels
Buy at / above: 6162   Targets: 6178 – 6198 – 6218 – 6237- 6279

Stoploss : 6144

Sell at / below: 6144  Targets: 6122 – 6102 – 6081 – 6051- 6005-5962

Stoploss : 6162

Stay at free dhanvarsha chat room

RBI policy day out look and Nifty levels

Thursday, September 19, 2013

PE axis and CE ranbaxy bang on targets

Axis bank pe 1150 advised to buy at 37   38  traded at 48

call was (9/19/2013 10:36:11 AM): buy axis 1150 pe at 37 38 sl 29 target 45    50

see its move at charts

axis pe1150

ranbaxy ce340 advised at 18 traded at 27













 (9/19/2013 9:31:19 AM): buy ranbaxy 340ce at 17 18 sl 13 tgt 20 24

ce ranbaxy





PE axis and CE ranbaxy bang on targets

Gap filling possibility on 19 Sept 13

Expecting huge gap up of 2 .5 to 3 % and then possibility of gap filling… immediate profit booking chances may or may not be there chances of  increased volatility better to BOOK your LONG positions and calls at open so that you will be able to get maximum from your  holdings as tomorrow will be RBI policy  which may or may not come out with pleasing news.

Perhaps Elliot’s 5th wave may be completed today  and we may observe ABC pattern or reverse wave … 6100  is medium term pivot point. this  wave  pattern was plotted on 2nd Sept 13 and  nifty moved ditto . have a look at

Trade in Nifty Futures as per these levels
Buy at / above: 6123   Targets: 6139 – 6159 – 6178 – 6198

Stoploss : 6100

Sell at / below: 6100   Targets: 6082 – 6060 – 6041 – 6014-5988-5963 -5942

Stoploss : 6123 

Crude advised to trade as per this

Full support and messages are at free Dhanvarsha Chatroom in realtime

18 Sep 13, 05:54 PM

[×] [o] admin: Crude Oil Inventories -1.394M -0.219M

18 Sep 13, 06:51 PM

[×] [o] admin: SELL crude at and below 6725 sl 6756 target 6703 6686 6662 trading at 6736

18 Sep 13, 07:05 PM

[×] [o] admin: crude at 6727 call is …..SELL crude at and below 6725 sl 6756 target 6703 6686 6662 trading at 6727

18 Sep 13, 07:10 PM

[×] [o] admin: crude SELL on rise sl as advised

18 Sep 13, 07:34 PM

[×] [o] admin: 6714 BOOK partial gains

18 Sep 13, 07:56 PM

[×] [o] admin: crude traded at 6705 now trading at 6710 stay light before in time at 8 PM keep sl at 6721 SELL advised at 6725

18 Sep 13, 08:01 PM

[×] [o] admin: crude moved up 6742 now

18 Sep 13, 08:03 PM

[×] [o] admin: Crude Oil Inventories -4.368M -1.394M -0.219M seems positive for crude but wait to initiate trade

18 Sep 13, 08:12 PM

[×] [o] admin: perfect trap was in crude falling from 6739 to 6705 then blast at inv from there to 6776

18 Sep 13, 08:15 PM

[×] [o] admin: risk lovers may SELL at 6762 6775 range keep sl 6782 trading at 6762 tgt 6742 6722

18 Sep 13, 08:16 PM

[×] [o] admin: 6760 now

18 Sep 13, 08:39 PM

[×] [o] admin: crude sl triggered call was 18 Sep 13, 08:15 PM [×] [o] admin: risk lovers may SELL at6762 6775 range keep sl 6782 trading at 6762 tgt 6742 6722

18 Sep 13, 08:43 PM

[×] [o] admin: hold you breaths till 11.30 PM for out come of FOMC meet

18 Sep 13, 08:52 PM

[×] [o] admin: SELL crude at and below 6760 keep sl 6791 tgt 6742 6722 6702 6651 trading at 6775

18 Sep 13, 08:59 PM

[×] [o] admin: market participants are having bearish view for FOMC as DOW is trading weak and SGX also in red zone

18 Sep 13, 09:33 PM

[×] [o] admin: treated as cancelled as SELL not triggered call was 18 Sep 13, 08:52 PM [×] [o] admin: SELL crude at and below 6760 keep sl 6791 tgt 6742 6722 6702 6651 trading at 6775

18 Sep 13, 09:42 PM

[×] [o] admin: The Reserve Bank of India’s new Governor Raghuram Rajan is expected to leave key policy rates unchanged in his first monetary policy review on Friday, and continue emergency cash tightening ..

18 Sep 13, 09:47 PM

[×] [o] admin: it was perfect judgement at 8.03 PM whencrude was trading at 6733 18 Sep 13, 08:03 PM [×] [o] admin: Crude Oil Inventories -4.368M -1.394M -0.219M seems positive for crude but wait to initiate trade ………….. now trading at 6854

18 Sep 13, 10:02 PM

[×] [o] Ajith: SELL crude at 6842 sl 6872

18 Sep 13, 10:31 PM

[×] [o] admin: SELL crude 6838 45 sl 6862 tgt 6822 6782 intra trade

18 Sep 13, 10:33 PM

[×] [o] admin: SELL crude 6838 45 sl 6862 tgt 6822 6782 intra trade trading at 6842

18 Sep 13, 10:35 PM

[×] [o] admin: BOOK 25 % at 6831

18 Sep 13, 10:36 PM

[×] [o] admin: 6826 traded

18 Sep 13, 10:46 PM

[×] [o] admin: SELL crude 6842 45 sl 6866 tgt 6822 6782 intra trade

18 Sep 13, 10:49 PM

[×] [o] admin: do not play against intra margin on crude as u may forced to BOOK loss at 11 PM during brokers time so best is EXIT safe ASAP u can in time if trading against margin 6843 now

18 Sep 13, 11:04 PM

[×] [o] admin: BOOK 50 % at 6832

18 Sep 13, 11:06 PM

[×] [o] admin: BOOK more at 6822

18 Sep 13, 11:06 PM

[×] [o] admin: 6820 now

18 Sep 13, 11:20 PM

[×] [o] admin: crude BOOK full gain at tgt 1 call was 18 Sep 13, 10:46 PM [×] [o] admin:SELL crude 6842 45 sl 6866 tgt 6822 6782 intra trade

Gap filling possibility on 19 Sept 13

Wednesday, September 18, 2013

choppy but negative market : 18 Sept 13

Almost flat opening is expected with possibility choppy session and  profit  booking at higher levels .

Self explanatory line chart consolidating at 200 DMA , fib pivot and trend lines indicating possible support and resistance levels , e wave 4 in progress 5810  5739  5700 or 5631  below 5840  44  or 5900  5975  6025  6189 above 5840 …bias  towards 5738. 5720

Yesterday, the market moved up and down as market makers refrained from building large positions ahead of the outcome of the two-day meeting of the FOMC. At the end of the day, the market managed to post small gains but the news of tapering would strongly affect the market.


Nifty may open at positive but fear of out come of  FOMC meeting will force market participants to sell at higher level and sit on money will bring market to lower levels  at later stage so advising to sell on rise and book profit at lows for intra days trades ..


trade in nifty futures as per these levels 


Buy at / above: 5911   Targets: 5929 – 5949 – 5968-5994
Stoploss : 5893

Sell at / below: 5893  Targets:  5867 - 5851 – 5832 – 5811 – 5791
Stoploss : 5911


pe 5800 advised to buy at 81   traded 3 times at entry level and target 1 

Nifty advised to sell like this (9/17/2013 9:09:54 AM): call active Sell NF at / below: 5865 Targets: 5839 – 5814 – 5793 – 5774- 5752 Stoploss : 5892 may sell anywhere below 5890 

and NF traded like this 

Natural gas  advised to sell at 238  39 (9/17/2013 1:44:37 PM): sell natural gas at 238 238.50 sl 240. target 236.20 234.20 trading at 238 

Spot the trend , plan your trade according to your trading style then enter in trade with proper stoploss order and target order punched in system..

stay logged in at Dhanvarsha chat room for free tips and calls / support

Mail your contact details to or call at +919451659275 to get chat room gateway …!!!

In eight sessions since Raghuram Rajan took over as the governor of the Reserve Bank of India (RBI) and came out with a series of measures to tame the weakness of the rupee, FIIs have pumped in nearly $1 billion net into Indian equities.

Data suggest that this may be the start of strong foreign fund flows, a report by Deutsche Banknoted. “While it may be premature to conclude if the worst of the FII selling is over, we highlight anecdotal data which illustrates that since the global financial crisis, bouts of sharp currency depreciation in India have generally been followed by periods of strong FII inflows into equities,” the report, by Abhay Laijawala and Abhishek Saraf of Deutsche Bank, noted.

Read more  at



// ]]>

choppy but negative market : 18 Sept 13

Tuesday, September 17, 2013

Nifty views 17 Sept 13

Negative opening is expected with negative bias, advising to sale on rise and book profit at lows seeing  eod chart views .Banking sector will be in pressure due to diminishing of rate cut hope .

Trade in Nifty Futures as per these levels as per Dhanvarsha views .
Buy at / above: 5892 Targets: – 5909 – 5934 – 5948- 5976
Stoploss : 5865
Sell at / below: 5865 Targets: 5839 – 5814 – 5793 – 5774- 5752
Stoploss : 5892

Inflation levels and forex market conditions are likely to be the main factors that would determine the stance of the central bank in its mid-quarterly monetary policy review later this week.


“The Reserve Bank of India will take into account the behaviour of inflation as well as what is happening in the foreign exchange market and take a decision,” said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council on Monday.

The RBI’s recently appointed Governor Raghuram Rajan is scheduled to announce the mid-quarter review of the monetary policy for 2013-14 on September 20, just a few days after the meeting of the US Federal Reserve’s Open Market Committee.


All but 1 indicators are supporting bears so go with indicators sell on rise for target 5725 50 positional trade

First spot the trend then initiate trade according to it . Know your self, your trader then plan your trades accordingly. scalper won’t trade as per positional trader and long term trader won’t enjoy in short term trades .

// ]]>

Nifty views 17 Sept 13

Nifty gained in both directions

Nifty gained in both directions : short and long : down and up

call was

16 Sep 13, 09:14 AM admin: nifty futures BUY at / above: 5969 Targets: 5984 – 6004 – 6023 – 6044 Stoploss : 5949 SELL at / below: 5949 Targets: 5930 – 5912 – 5891 – 5872-5848-5830 Stoploss : 5969

16 Sep 13, 09:42 AM admin: call active nf SELL at / below: 5970 Targets: 5949 -5930 – 5912 – 5891 – 5872-5848-5830 Stoploss : 5976

16 Sep 13, 09:48 AM admin: nifty SELL call target  1 done 5944 traded

posted here

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16 Sep 13, 12:05 PM [×] [o] admin: nifty 5906 tgt 3 done call was 16 Sep 13, 09:42 AM [×] [o] admin: call active nf SELL at / below: 5970 Targets: 5949 -5930 – 5912 – 5891 – 5872-5848-5830 Stoploss : 5976 enjoy 60 or more dhanvarsha points

16 Sep 13, 12:51 PM[×] [o] admin: nifty futures traded at 5836 almost all levels cleared have a look Targets: 5930 – 5912 – 5891 – 5872-5848-5830 trading at 5837 if 5830 will brak next support will be 5811 5792 but seems 4830 will hold further fall why >??????? try to answer

16 Sep 13, 01:08 PM [×] [o] admin: BUY nifty sl 5809 5799 trading at 5822

You can make money in both directions


16 Sep 13, 01:09 PM [×] [o] admin: BUY 6k ce at 46 48 sl 43 tgt 54 64 74

16 Sep 13, 01:11 PM [×] [o] admin: trade is contra BOOK small gains in nifty 5840 traded

16 Sep 13, 01:16 PM [×] [o] admin: nifty got support at 5814 BUY on dips keep sl 5809 5799 tgt as per levels

16 Sep 13, 01:29 PM [×] [o] admin: 5856 nifty advised at 5822 enjoy dhanvarsha

16 Sep 13, 02:45 PM [×] [o] admin: nifty upper levels after BUY at 5822 were 5830 5848 5872 5891 >>> 5912 we feel 5912 is best level for STBT nifty …advised to SELL nifty futures in range 5900 5912 for 30 to 50 points gain

16 Sep 13, 03:09 PM [×] [o] DG: STBT NIFTY CMP 5868 SL 5915 TAR 5808-5762-5724

16 Sep 13, 03:13 PM [×] [o] admin: nifty eod candle making dark cloud cover …engulfing all …. negative closing after gap up …indicating bears in power carry stbt at 5870 5900 as high as u can SELL

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Nifty gained in both directions

Monday, September 16, 2013

5700 PE and AXIS Bank both bang on targets

5700 pe bang on target gained more than 70 %  or more in intra day trade

call was (9/16/2013 9:38:47 AM): buy nifty 5700 pe at 33 36 sl 28 target  44 57 (9/16/2013 10:44:36 AM): 5700 pe traded at 44.85

pe5700 (9/16/2013 11:34:00 AM): sell axis futures at 1091 94 sl 1108.60 tgt 1082 1072 1061 intra trade (9/16/2013 11:58:33 AM): trade light and with strict sl as wpi data will come with increased volatility




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5700 PE and AXIS Bank both bang on targets

SBIN gained more than 50 intra points

SBIN gained more than 50 intra  points

call and support at dhanvarsha (9/16/2013 9:22:12 AM): sell sbin at 1688 sl 1701 target 1655 (9/16/2013 9:45:15 AM): book partial at 1681 in sbin (9/16/2013 10:05:50 AM): sbin sell call is based on news …negative impace will be there go short keep sl at 1705 6       sell on rise (9/16/2013 10:54:54 AM): sbi trading at 1703 add more to ur short (9/16/2013 10:55:28 AM): modify sl to 1711 (9/16/2013 11:10:28 AM): sbin trading at 1704 keep sl at 1711 may add more short at this level (9/16/2013 11:28:12 AM): sbin traded at 1689 again at 1693 (9/16/2013 12:07:44 PM): sbin 1672 now advised to sell at 1704 book 50 % (9/16/2013 12:14:14 PM): sbin at 1662 book 75% gains (9/16/2013 12:36:03 PM): sbin traded at 1648 bang on big target



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SBIN gained more than 50 intra points

Sunday, September 15, 2013


Few Buys/Calls...

  • Mahindra & Mahindra Ltd: M&M reported a 28 per cent slump in its domestic sales in August. India’s auto sales are forecast to remain in the negative in FY14 even as car sales rose 15.4 per cent last month, the first gain in ten months.
  • Sun Pharma: Shares of India’s top drugmaker by market value added 6.6 per cent to their value, taking its yearly gains to 53.2 per cent.
  • Hero MotoCorp: Shares rose 6.4 per cent in the last four trading sessions. Since July, the stock has surged 23.5 per cent as compared to a 2.1 per cent rise in BSE auto index. The company reported a 4 per cent increase in sales in August.
  • Other quick wins on Call/long calls : Gail, LT, HindPetro, TataCem

Few Sells/Puts...

  • Wipro, India’s No.3 software services firm, was the worst performer as its stock ended the week with losses of 2.8 per cent.
  • State-run explorer Oil & Natural Gas Corp (ONGC) lost 2.2 per cent,
  • ICICI Bank and Tata Consultancy Services (TCS) both lost nearly 2 per cent.
  • Dr Reddy’s closed 1.5 per cent lower.
  • Other quick wins on put/short calls :  Syndibank, Tatacomm, Zeel, McLeqdruss


Market Trend Analysis and Forecast

Current Market Momentum : Bullish

Resistance#2 : 5954.32
Resistance#1 : 5839.68
                                                Market Track : Volatile   (Be hedged-stay with trend)              
Support#1      : 5770.47
Support#2      : 5549.08

SAR Forecast : 5630

Rock N Roll


Saturday, September 14, 2013

copper m traded above 3 points

copper m  buy call was planned within 11 minutes of opening – traded near predicted target .

14 Sep 13, 10:11 AM [×] [o] admin: BUY copper m at 459 stop loss 455.80 target 462

14 Sep 13, 10:17 AM [×] [o] admin: 460 TRADED


14 Sep 13, 01:42 PM [×] [o] admin: BOOK copper m at 460.75 80

14 Sep 13, 01:42 PM [×] [o] admin: BOOK copper m at 460.75 80

14 Sep 13, 01:43 PM [×] [o] admin: BOOK at 461.60

14 Sep 13, 01:43 PM [×] [o] admin: BOOK at 461.60

have a look at closing time



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copper m traded above 3 points