Thursday, June 16, 2011

GOOD SELLING OPP : TISCO & Mahindra and Mahindra JULY FUTURES

Selling Opp of Tata Steel below 550 for the target of 530 with SL 565
&
Selling Opp of M & M below 650 for the target of 630 with SL 665
Trading suggested if NIFTY breaks & sustains below 5390

Spot prices, pls adjust for future prises.

Happy Trading

Wednesday, June 15, 2011

New Opportunity in Ranbaxy : Bullish Break Out

Date of Posting : 15.06.2011 Time : 10.39 pm
Trading Idea For 16.06.2011
Ranbaxy July Fut CMP 544.35
Buy July Fut in the range 538-542
July Fut SL 531 Closing basis
Target : 560 & 590

Happy Trading

Updates

IVRCL July Fut Exe @ 75.50
Sl revised to 69 (Closing basis)
UNITECH July Fut @ 34.20
Sl remains unchanged (Closing basis)

Silver executed at 52600 & exited at 53400
CMP # 53200
Liquidate position by booking profits
Buying opp of 1 Micro Silver @ 52500 , 52000 & 50400
Happy Trading

Tuesday, June 14, 2011

Commodity Trading: Silver Trading Opp

Date : 14.06.11
Time : 11.00 PM IST
I intend to initiate long position @ 52500-52600 for 1 lot silver (30kg)
Silver trading @ 52500-52700
Target : 53500-54200-55000

Strict Stop Loss: 51900

Happy Trading

I Intend to Trade : WATCH OUT : UNITECH JULY FUTURES from 15.06.2011

Time : 10.58 IST
WATCH OUT : UNITECH JULY FUTURES from 15.06.2011
CMP: 34.60/-
Buy @ 33.50- 34.50
SL : 32 Closing basis
TARGET : 37-38
Break out on the cards
Inverted head & shoulder pattern....!
Momentum Indicators +ve

Happy Trading

New Call I intend to Execute :WATCH OUT : IVRCL INFRA JULY FUTURES 2011

Date : 14.06.2011
Time : 10.53 IST
WATCH OUT : IVRCL INFRA JULY FUTURES from 15.06.2011
CMP: 78/-
Buy @76-79
SL : 74 Closing basis
TARGET : 85
Break out on the cards
Inverted head & shoulder pattern....!
Also trading above recent upmove of 77

Call update for CIPLA JULY FUTURES
Order not execute as after the call had been given Cipla July Fut gave a great upmove & traded above 340 on 13.06.11 & today 14.06.11 the closing was at 337.80

Happy Trading

Friday, June 10, 2011

I Intend to trade This Opportunity from 13/06/2011

Date of Posting : 10.06.2011
Time : 10.38 PM IST

Opportunity to trade CIPLA for the Target of 350 & 360 +

CIPLA above 200 DMA with volumes & looking strong

Will be accumulating Cipla @ 325-330 (Futures July Expiry)
& Cash @ 322-328

SL 310 Spot / Cash Closing Basis
SL 312 July Futures Price Closing Basis

Current Price on 10.06.11 Day End
CASH : 332.10
FUTURES : 333.55 July 28.07.2011 Expiry

Happy Trading

Sunday, January 16, 2011

Time to Take Risk : Options idea for 17th Jan to 22nd Jan 2011

Friendz ,

The risk to reward is GOOD.

On Monday or Tuesday if Nifty trades in the range of 5500 to 5600

Buy 5600 call Jan strike (Possibly @ 75-90)

Increase the call lot by 3 times if Nifty trades @ 5400-5500

Buy 5500 call Jan strike (Possibly @ 75-90)

Limited loss to the extent of premium but unlimited profit.

Happy Trading

Sunday, January 2, 2011

Invest in Silver in 2011... Expect 30 % Gains in 2011

As 2010 ends to a close, it is brightness in the commodities trading space globally. Throughout the year, all commodities—ranging from base metals, precious metals and agricultural produces—are all up in value, cheering commodity stocks and heralding bullish run for commodities in 2011.

Gold, silver and copper have led the metals commodities price boom in 2010. Though gold has been the trendsetter in this bullish run, silver has emerged as the darling among commodities among traders. And if traders and commodities analysts are to be believed, silver is all set to pilot the bullish commodity rally in 2011.

According to an year-end survey by global financial news service Bloomberg, silver is all set to lead gains in commodities in 2011. The agency carried out a survey among more than 100 commodities traders and investors and singled out silver as the hottest commodity that can lead the commodity super cycle in the new year.

This week, as the year comes to a close, silver surged to a fresh 30-year high in New York trading.

Throughout 2010, silver has been climbing higher, with support from both the precious and industrial metals industry. The main advantage silver enjoys is that it is simply less expensive alternative to gold.

March Comex silver futures are trading at new 30-year highs, recently changing hands at $30.755 per ounce, up .066. Overall bullish sentiment remains strong for silver.

Silver analysts Kevin Danny says that silver will lead the commodities boom in 2011. “Silver is going to shine in the new year as investors are bullish on putting their money into the commodity. If you look at commodities in 2010, silver has been a sterling performer. So, in 2011, silver will pilot the commodity super cycle,” Danny said.

While technical trend remains bullish for silver, a look at the monthly chart reveals four months of massive gains. Trading analysts like Danny points out that silver is eyeing the 1980 nominal high at $50 an ounce as a longer term price objective.

While gold has grabbed headlines this year with its rally to record highs around $1,400 an ounce, silver has quietly outpaced those gains, and is likely to repeat its success in 2011, reaching $40 an ounce on new applications and industry demand.

An extremely bright future for silver jewellery is one of several reasons to be extremely bullish about silver. To put the jewellery market into context, total jewellery demand was a little over 2,600 tonnes in 2008 (using numbers supplied by the World Gold Council and The Silver Institute).

Of this total consumption, gold jewellery comprised over 80%. Put another way, silver jewellery represented less than a fifth of total demand. The demand for gold jewellery has fallen in the last couple of years — as a response to gold rising to a new, (nominal) record-price of over $1000 an ounce (oz).

Rather as a jwellery, silver also possesses many extremely useful chemical/ metallurgical properties which have resulted in the massive consumption of silver in a variety of industrial applications. Investment will therefore have a major part to play in keeping prices at elevated levels.

Also the world’s supply of silver is being rapidly “consumed”. The evaporation of stockpiles has occurred because the vast majority of silver used “industrially” is in products where silver is used in tiny quantities. Because of this, it is impractical to recover/ recycle this silver, meaning it is effectively gone forever.

Silver is quoting @

MCX Silver Future Price(Price in INR)

  • Symbol
  • Unit
  • Expiry Date
  • Price

Happy Trading

Saturday, May 22, 2010

All Calls Given On 19.05.2010 : Activated On 21.05.2010

Short 4800 May Put when Spot nifty trades @ 4850 SL Nifty Spot 4750 Closing basis (2 lots)
Executed at : 64.55

Less Risky Call :

Short 4700 May Put when Spot nifty trades @ 4850 SL Nifty Spot 4750 Closing basis (4 lots)
Executed at : 24.00


One may also initiate :

Short 4500 June Put when Spot nifty trades @ 4850 SL Nifty Spot 4750 Closing basis (2 lots)
Executed at : 68

Short 4400 June Put when Spot nifty trades @ 4850 SL Nifty Spot 4750 Closing basis (4 lots)
Executed at : 52

Short 4300 June Put when Spot nifty trades @ 4850 SL Nifty Spot 4750 Closing basis (8 lots)
Executed at : 38

Maintain strict Stop Loss.... Do Not wait or Hesistate....To BOOK LOSS

Happy Trading