Stay Away Strategy - Budget Menance

I will be happy to stay away from the market for the time being.

Protecting my capital is more important than making money as market is bound to stay volatile & news driven without factoring any technical views.......so stay away from the market & make money ...... while the others loose money & sleep by investing at this unpredictable time.




Happy Trading

Mid Month Review of Feb Options

On 31st Jan 10 the following positional calls were published :

One can look for fresh short positions in the following

1 LOT FEB PE 4700 @ 70-80

2 LOT FEB PE 4600 @ 45-55 & ANOTHER 2 LOT FEB PE 4600 @ 60-70

If willing to take RISK also look out for :

1 LOT FEB PE 4800 @ 110-125 & 1 LOT FEB PE 4900 @ 180-225

SL : Spot NIFTY CLOSING BELOW 4650

Check out Todays EOD Option premimum rates :

PE 4700 @ 23

PE 4600 @ 11.75

PE 4800 @ 44

FEB PE 4900 @ 81

Calculate ur PROFITS. My critics had be laughing when we were taking short positions in PUT when MOST OF all the strategist,analyst & payed service providers where looking out for 4300-4400 levels......... The more u listen to these STUPID FELLOWS who have never made money but NOW they have turned TIPS PROVIDERS / EXPERTS ...! THE MORE U WILL BE CONFUSED

Now ur fresh STRATEGY :

With the view of the Budget the market can be volatile & unpredictable ..... therefore a swing of 10 % either side may not be ruled out. BRING HOME UR PROFITS

Exit the above mentioned positions slowly as soon as Nifty crosses 4900 (all).

Happy Trading

Nifty Intra day Level for 14 Feb 2010

First Resistance = 4840

First Support =4794

Second Resistance =4860

Second Support =4740

Breakout above = 4924

Break down Below =4724

Happy Trading

Intra Day Nifty Trading System

Intra Day Nifty Trading System:

Analyse the system.

1)If 70 min avg is above 1050 min avg play long, if 70 is below 1050 play short.
See diagram below : if green is above orange then long; if orange is above green then short.
2)try to use pullbacks to the green line the 70 min ema or the black line 210 ema to enter positions. (210 ema will result in smallest stoplosses under most circumstances, just look at the charts in an uptrend 210=great support and in a downtrend 210 = great resistance. 70ema can sometimes get whipsawed.)
3)Do not short if rsi is under 30
4)The SL is 0.6% to be employed as soon as you enter your trade.

Try & test it out on paper or Mini Nifty 1 lot on real time basis.





Happy Trading

Short Term Stock Pick - Spice Jet

One should look to accumulate spic jet from Rs 50/- levels & and at every dip till 38-40/- level

Pls be informed it is one stock where the promoters are accumulating from the open market at every DIP.This is done only when the promoter/mgt are bullish about the future of the stock.

Recently a major stake holder exited but still the price did not fall as all the shares were smartly mopped up by domestic institutions.Majority stake holder - a Dubai bases Investment house sold the stock due to the Dubai Debt Re-Payment crisis.
(Three leading mutual funds — Reliance Mutual, Birla Mutual and DSP BlackRock — and a Foreign Institutional Investor together bought almost the entire 13.05 per cent stake in SpiceJet Ltd, the low-cost air carrier, of Istithmar PJSC, a Dubai-based investment house.)


In my view .... in 6 months time we could easily see the level of 75-85 if we do not see any major trend reversal in the broader market indices.

Be Smart start accumulating now & at every dips & create wealth in long term.

Happy Trading

Small Stock For Long Term

I am talking about Orient Ceramics (Delhi-based company manufacturing ceramic tiles)

Why ?

- The company has been doing lot of initiatives to increase the market share. The company has introduced new ranges of tiles. These new ranges have got good response from the market.

-Company is planning to open more retail stores and also have larger distribution network of distributors and retailers

-One stop shop for all construction needs.

-Full year EPS should be about Rs 8 , at the current price of about Rs 44-50, the stock is trading at a price to earnings multiple of about Rs 5-6

-If you look at the market cap of the company this company has a market cap of about Rs 45 crore. Sales is Rs 250 crore and cash profit is Rs 20 crore, which means it is going at less than two-and-a-half year’s of its cash profit

-This company has a dividend history of the past 20 years. Only during 1993 it skipped dividend. Otherwise from 1990 to 2009, the company has been regularly paying dividend

Happy Trading

Review of Option Feb calls

All the Feb put short calls have been activated .

Keep strict stop loss & exit if the same is hit.

Hold on to Nifty Hedging Calls.

Happy Trading

PENNY STOCK TO BUY FOR SHORT TERM- Feb 2010 End

One can accumulate Decolight Ceramics at current levels @ 12

Target is 16 -18 -20 in 1 one moths time .

SL will be @ 9

Myself holding 1000 @ 12

Happy Trading