HITS & MISSES :OCTOBER

1. 
   
2.             HITS AND MISSES 
   
   
   
   
   
   OCTOBER
   
   
   TOTAL PROFIT THIS MONTH IN f&O ALONE:3,39,275(JUST TRADING WITH 1 LOT)
   
   Total NUMBER OF CALLS:41
   
   HITS: 32    MISSES:     9
   
   
   CALLS OF THE MONTH
   
   1.   CALL OF THE MONTH 1 UBL 50000 RS PROFIT
   United Breweries looking good on the chart CMP 908 USE STRICT STOP LOSS BUY 1000 QUANTITY. Can do 950-1000. Stops at 898 for trades. BOOKED PROFIT AT 958 PROFIT 50000 RS IN JUST 20 MIN ROCKET CALLLLLL (DATE 24 TH OCT)
   
   2. CALL OF THE MONTH: AUROPHARMA
       BUY AUROBINDO PHARMA ABV 205 SL 190  LOT SIZE 2000 HIT 225 PROFIT 40000 RS
   http://trendzofmarket.blogspot.in/2013/10/aurobindo-pharma-stock-can-test-280-300.html
   
   
   
   3. CALL OR THE MONTH: INFOSYS
   BUY INFY ABV 3060 SL 2980 NO TARGET WS GIVEN ON THE CALL.BOOKED OUT AT 3331 PROFIT 33875 RS 
   
   
   
   4. CALL OF THE MONTH: HCL TECH
         SELL HCL TECH 1170-1180 LOT 500 booked profit  AT 1105 PROFIT 32500 RS HCL TECH 1110 PE TOLD TO BUY AT 16 EXITED AT 35  9500 PROFIT
   TOTAL PROFIT IN HCL TECH 32500+9500=42000 RS
    http://trendzofmarket.blogspot.in/2013/10/how-to-trade-hcl-tech-ahead-of-results.html
   
   
   
   
   5.CALL OF THE MONTH: EXPIRY DAY ROCKETS:55000 RS ON EXPIRY DAY
   BUY BANK INDIA ABV 190 TGT 210 LOT SIZE 1000 TGT HIT PROFIT 20000 RS
   BUY PNB ABV 502 TGT 550 TGT HIT LOT SIZE 500 PROFIT 24000 RS
   BUY TITAN 250 CA @6.50 TGT DOUBLE 7 TRPLE AS EXPECTED TRIPLED HIT 18 LOT SIZE 1000 PROFIT 11500
   
                                          FUTURES & OPTIONS
        
     
   1.     BUY  HAVELLS AT 648 TGT 660- 675 LOT SIZE  500 TARGET ACHIEVED NEXT DAY   PROFIT  13500 RS
   2.    BUY LUPIN @ 882 TGT 910  LOT SIZE 500     TARGET HIT  PROFIT  14000
   3.    BUY  DIVIS LAD@1040 TGT 1060-1080 HIT 1071 PROFIT 7750 http://trendzofmarket.blogspot.in/2013/10/buy-this-pharma-major-for-short.html
   4.    BUY SUNTV @ 425 LOT SIZE 500 TGT  455-490 hit 442 PROFIT 8000  RS
   http://trendzofmarket.blogspot.in/2013/10/buy-sun-tv-for455-490.html
   5.    BUY NIFTY 5960 TGT 6100- 6150   LOT SIZE 50 PROFIT 7000 RS
   6.    BUY FRL @ 77 SL 75 TGT 80- 82 LOT SIZE 2000 HIT 79.60 PROFIT 5200 RS INTRA DAY
   7.    BUY MCLOED RUSSEL AT 266-267 SL 264 TGT 280   LOT SIZE 1000 AND 300 FOR SHORT TERM TARGET HIT PROFIT 13000 RS
   http://trendzofmarket.blogspot.in/2013/10/taste-money-in-this-tea-stock-mcloed.html
   8.   BUY IDEA 178- 181  SL183 TGT 190 – 200 IN ST LOT SIZE 2000
   HIT 189.25 PROFIT 16500 RS http://trendzofmarket.blogspot.in/2013/10/buy-idea-for-short-term.html
   9.    HCL TECH  TOLD TO SELL AT 1120  SL 1132 TGT 1000 BUT EXITED @ 1114 WITH SMALL 3000 RS PROFIT
   10 BUY MCDOWELLS AT 2575 SL 2540 TGT 2650- 2700 LOT SIZE 125 hit 2640 PROFIT 8125 RS
   11.    BUY TATASTEEL 330 CA @ 6.25 TGT 10-15 BOOKED PROFIT AT  14.50  PROFIT 8200 RS
   12.     STBT SELL TECHMAHINDRA 1540 SL 1555 TGT 1480-1470  BOTH TGT ACHIVED PROFIT17500 RS
3. 13.      BUY PTC @48-49  TGT 54- 58 BOOKED PROFIT AT 54 STOCK HIT 58 TOO LOT SIZE 4000 PROFIT 20000 RS
   http://trendzofmarket.blogspot.in/2013/10/call-of-month-ptc.html
   
   
                                     MISSES:
   
   1.     SELL NIFTY AT 6000 SL 6011 TGT 5920-5900 LOT SIZE 50 SL HIT LOSS 550 RS
   2.     BUY LT 860 PE @25 SL SL TGT 50 LOT SIZE 375 LOSS 1875
   3.     Buy rcom 160 ca 2 3.20  tgt 6-8 lot size 4000   exited at 2.20 loss 4000 rs
   4.     BUY TATAGLOBAL 170 CA 1.90 SL .80 TGT 3-5 SL HIT LOSS 2200 RS
   5.     ONCE AGAIN SELL TECHMAHINDRA @ 1540 SL 1555 TGT 1470 loss 3750
   6.     BUY LUPIN 890 SL 880  TGT 925 SL TRIGGRES LOSS 5000 RS
   7.     BUY IDBI  66-67 LOT SIZE 4000 SL HIT 65 LOSS 6000 RS
   
   
   
   
   
   
                              CASH CALL
    
   1.      BUY  PUNJLOYD @ 26.20  TGT 29- 31  HIT 28.50  VERY NEXT DAY
   2.      BUY DBREALITY 2 61.50- 62.50 SL 59 TGT 68  ACHIVED
   3.      SHORT TERM CALL  GIVEN IN  AUG TO BUY GLENMARK AT 520- 530 LEVEL FOR 620 TGT HIT 600 ON OCT 10 TH
   4.      SHORT TERM CAL GIVEN TO BUY TATAGLOBAL ON SEP 3 @ 135 SL 132 TGT 160 TARGET ACHIVED ON OCT 10 TH
   5.      BUY IBSEC AT 13 TARGET 20-22  MOVE  HIT 19
   6.      RALLIS BUY BETWEEN 160- 165 TGT 200
   7.      BUY ANANTRAJ AT 47 TARGET 60 HIT 54
   8.      BUY STC @ 152  SL 147  HIT 174  WAS ON 20 % UPPER CIRCUIT
   9.      BUY HINDCOPPER @ 68.50 SL 66.50 HIT 74.50 UP 12% INTRADAY
   10.  BUY DREDGING CORPORATION @ 251  HIT 5% UPPER CIRCUIT AT 261
   11.  BHARTHI AIRTEL BUY 343 HIT 370 IN JUST 2 DAYS
   12.  BUY ABB BETWEEN 555-565 SL 540- 550 TGT 600 - 650  SL HIT
   13.  BUY CUMMINS INDIA @415 SL 409  SL HIT
   
   
    (I HAVE NOT CALCULATED THE PROFITS MADE IN CASH CALLS AS I HAVE NOT IDICATED QUATITY)
   
   

TITAN HEADING TO 280 LEVELS

MAIL SEND TO CLIENTS ON OCT 28 TH

BUY TITAN  IF TRADING ABV 248 -250 CMP 251 LOT SIZE 1000
BETTER BUY 250 CA @ 6.50 PS TARGET  CAN DOUBLE OR  TRIPLE

TODAY THE STOCK HIT 260  AND 250 CA HIT 10.30

UNITED PHOSPHOROUS CUP AND HANDLE BREAK OUT ABV 160

BUY UNITED PHOSPHOROS ABV 160 SL 148  TGT 200+ IN SHORT TERM

I HAVE RECOMMENDED THIS STOCK ON OCT 3  TO BUY 141- 145 LEVELS FOR TARGET 160
http://trendzofmarket.blogspot.in/2013/10/triangle-breakout-united-phosphorous.html

NOW AGIAN  THE STOCK IS READY TO GIVE PERFECT CUP AND HANDLE BREAK OUT

ITC: A Long Term Bull Market Stock

When stocks are in Long term Bull market: every decline turns out to be excellent buying Opportunity and no high seems good enough for the stock. Lets take example of ITC

It has been 4 years now and stock has not corrected even once below 50 week ma on weekly basis. That’s how strong the trend has been in the stock. Every decline to 50 week ma has been used by Bulls to accumulate the stock and strategy has worked pretty consistently.
When stocks are in strong Long term Bull market: the only strategy that works: Keep riding till the vehicle throws you out. So, keep a close eye when next time stock declines to 50 week ma. Remember Trends persists much longer than one can imagine.

Bharti Airtel: is getting ready for a rally?

Bharti, once a Leader, went completely off radar because of sectoral mess. It has been 5 years now and stock has done nothing trending just bouncing off between 240 and 440. But with worst of the sectoral issues behind and market poised to rally – Bharti Airtel stock looks set to perform.

Here’s the weekly chart of the stock -

 

 As you can see in the chart above – Bharti stock developed a nice triangular pattern on weekly chart over last 24 months. And in last couple of weeks – it seems stock has broken out of the triangle and looks set to rally higher. These triangle breakouts initially are very tricky and hence one can look to buy but be prepared to exit if stock fails to hold certain support levels. In the above case – we are looking at support of 330. The target on the upside is 440. 

BUY SPARC FOR MOMENTUM TRADE

Sun Pharma Adv (SPARC) Ready For a Breakout abv 145 

Strong Vols .. Keep a Watch on SPARC next week for breakout

 

BUY ABV 145 SL 140  TGT 160-170 ( AL ON CLOSING BASIS)

RISKY TRADERS CAN BUY @ 135-33 

SL 130 (closing) For 145 Tgt As Well

 

 

Strong Results By BIOCON , Stock AGAIN ON RADAR

Biocon Q2: Cons Net Profit At Rs 102.1 Cr Vs Poll Of Rs 92.5 Cr

Biocon Q2: Cons Revenue At Rs 740.8 Cr Vs Poll Of Rs 718 Cr

Biocon Q2: Cons EBITDA At Rs 176 Cr Vs Poll Of Rs 152.6 Cr

Biocon Q2: Cons Operating Margin At 23.7% Vs Poll Of 21.3%

I HAD CLEARLY TOLD TO GO LONG ON THE STOCK AT 305 WHEN IT BROKE OUT 

http://trendzofmarket.blogspot.in/2013/07/biocon-heading-to-325-330.html 

AND STOCK HIT 330

AGAIN GAVE CALL TO BUY ABV 330 WHEN IT BROKE OUT AND STOCK HIT 360 LEVELS

http://trendzofmarket.blogspot.in/2013/07/biocon-fresh-break-out-above-330.html

NOW AGIAN IAM FEELING BULLISH ON THE STOCK ABV 342 ON CLOSING BASIS SL 335 ON CLOSING BASIS FOR 360-365 LEVELS IN SHORT TO MEDIUM TERM

JUST DAIL JUST AVOID

Amazing to see Just dial mkt cap at 7500 cr 

But a good stock like Bata is just 5800 cr only 

Even Jub foods Which i Feel is Expensive Stock

Trades at valuation Lower than Just dial

 

Chart Suggests Big Fall Ahead for the Stock AFTER TODAYS RESULT STOCK NOW TRADING 4% UP AT 1110 I SEE A ALL TO 850 LEVELS VERY SOON

Remember Thinksoft Tripled after IPO & later Crashed 90-95% from peaks ... Same thing happened to SKS Micro ... History has a habit of Repeating Itself  !!

 

 

BUY ENGINEERS INDIA

GAIL TREND REVERSAL SEEN?

Bharat Forge Saw Same Kind of Trend Change in August & Stock has rallied more than 50% since

http://trendzofmarket.blogspot.in/2013/08/bulls-are-trying-to-kickstart-bharat.html 

Can GAIL Repeat What Bforge Did ??

 

To be very Frank , I'm not a Big Fan of This Stock :-)

 

NIFTY NEAR TO AL TIME HIGHS . HOW U WANT TO POSITION YOUR SELF

You can buy the report for a Base Price of Rs 1250 only .  plz mail to trendzofmarket@gmail.com to buy this report

this are the topics which you will get from my report

The Nifty is in kissing distance of the 2008 highs at 6357.
But what is surprising is that volumes have not been on the supporting side in the last move from 5700 to 6200.

On a long term seasonal basis what we have seen is November-Jan is generally a a good period for broader markets but also at times a topping out period (some may attribute it to Diwali and so on ).

So one needs to trade quickly in this period and focus on stock specific ideas than on index trades. The lack of action will juice out all the shorts in the system and continue the slow and sideways action.
The strategy on Nifty should be to look for sell around 6300-6400 levels and buy stocks for quick trades. 


Looking at the above technical picture of Nifty and broader markets we believe the strategy should be to go stock specific. Also Mid-caps and Small-caps are still at 4500-5000 levels of Nifty. This may create a lot of stock specific trading opportunities in coming 2-4 weeks.
There could be some stock specific corrections in Nifty stocks and some sharp moves as well.
At the same time we expect action to shift to mid cap stocks which have been consolidating for a long time due to the under-performance of the Mid-cap Index with the Sensex/Nifty.
Also generally this is also the time when a lot of small caps tend to move sharply giving excellent trading opportunities.

We have also covered a few techno funda bets and turnaround stocks.
Hence we have come out with a detailed report covering possible actionable trades in the report below.

Main Sections and Type of Ideas discussed are
1) Nifty 50 – Actionable Trades ( Long / Short ) and Nifty Detailed View
2) Midcap Technical Picks
3) Techno- Funda Bets
4) High Risk Momentum Trades in Smallcaps
5) Turnaround Stories
6) Concept Companies



You can buy the report for a Base Price of Rs 1250 only . 

IS GE SHIPPING GETTING READY FOR BIG 40 % MOVE?

Is GE Shipping Buy, Sell or Avoid? Well – Here’s what charts are saying

GE Shipping Weekly Chart

 

As you can see in the chart above: GE Shipping bottomed out much before market. It formed a base and then made a stunning up move for weeks. The rally from 210 to 290 appears quite strong and has come on back of improvement in sentiment on all shipping stocks globally – thanks to turnaround in China growth. Just look at the Baltic Dry Index weekly chart – a measure of shipping rates and how it has broken out in recent past

 

Shipping stocks have become investors favorite globally and that might be helping GE Shipping, but here’s the problem. We don’t know whether this is just one off rally more like mean reversion move or this turnaround is for real and long lasting. Remember GE Shipping has not made any real sustainable move since 2011 and all rallies have terminated at 300. See the weekly chart below

Can it be different this time?
We don’t know yet. Today GE Shipping was down and closed at 280. On Weekly chart – GE Shipping has started doing Bullish Consolidation i.e. it is not selling off at resistance but has turned sideways and absorbing all the supply. Technically, that’s positive and stocks generally lead to breakout on the upside.

How should one play?
Assume that GE Shipping is not done with the upside and stock still has significant upside left. Also, Assume that since stock made a big 38% move recently – it may do long consolidation i.e. stock may do nothing for weeks before making fresh move. And based on this assumption – one can build long position on declines near 275 with stop loss below 264 and target of 40% up move. The only issue – you may have to wait for weeks before stock makes a move and can be frustrating.ONLY GET INTO THIS STOCK IF YOU HAVE REAL PATIENCE AND IF YOU ARE READY TO WAIT AND GET FRUSTRATED .PATIENCE WILL PAY

 

FLAG BREAK OUT IN SESA GOA

Sesa Goa has broken out of Bullish Pennant Pattern and it does not surprise . I had covered the stock a month back to buy at 175 stock now crosses 194 still look highly bullish
http://trendzofmarket.blogspot.in/2013/09/is-sesagoa-turning-around.html 

LETS CHECK THE NEW DEVELOPMENT IN THE STOCK 

What is a Bullish Pennant Pattern?

A continuation pattern in technical analysis formed when there is a large movement in a stock, the flagpole, followed by a consolidation period with converging trendlines, the pennant, followed by a breakout movement in the same direction as the initial large movement, the second half of the flagpole ~ As per Investopedia

Technical Characteristics:

Formation of Flagpole: To be considered a continuation pattern, there should be evidence of a prior trend. A sharp advance is must before the formation of pennant. The Sharp advance looks like a Flagpole

Pennant: A pennant is a small symmetrical triangle that begins wide and converges as the pattern matures. The price action remains within the converging trend lines. pennants are short-term patterns that can last from 1 to 12 weeks
Once a pattern is in place – one should watch for Breakout from the Pennant.

Here’s the Sesa Goa Chart doing the same

 

 There is a Flagpole and formation of pennant from which stock broke out this week and on good volumes. The stock can shock on the upside. The breakout is not surprising and I covered the stock a month back.

http://trendzofmarket.blogspot.in/2013/09/is-sesagoa-turning-around.html 

HOW TO TRADE ULTRA TECH CEMENT AHEAD OF ITS RESULTS

VERY WEAK RESULTS BY ULTRATECH CEMENTS !! AS EXPECTED ;-)
profit.ndtv.com/news/corporates/article-ultratech-cement-q2-profit-halves-on-subdued-demand-369897 …

MAIL SENT TO CLIENTS FRIDAY AFTER NOON
HOW TO TRADE
ULTRA TECH CEMENT AHEAD OF ITS RESULTS TOMORROW

AS  SL IS NEARLY 90 RS AWAY IT VERY RISKY TO SHORT IN FUT
HIGH RISK TRADERS CAN  SELL AT CMP 1990  TGT 1800-1700 SL 2075  IF SL HIT LOSS WOULD BE 10000 RS SO ITS ONLY ADVISABLE FOR VERY HIGH RISK TRADERS

REWARD WILL BE LESSER   TRADERS PLZ BUY 1900 PE CMP 18 RS LOT SIZE 125   SL WILL BE 2075 IN CASH MARKET

TATA STEEL HEAD AND SHOULDER BREAK OUT

MSG GIVEN TO CLINETS 1 HOUR BACK TO BUY

BUY TATA STEEL 330 CA @ 6.26 SL CLOSE BELOW 308 IN CASH  TGT 10-15 LOT SIZE 1000

WHILE UPDATING THIS BLOG 33A CA  ALMOST HIT MY FIRST TARGET  HIT 9.60 
 

HOW TO TRADE HCL TECH AHEAD OF RESULTS

TOLD TO SELL AROUND 1170-1180   LOT SIZE 500 NOW HIT 1125  GIVING 22500 RS PROFIT

MAIL SENT TO CLIENTS ON HOW TO TRADE HCL TECH AHEAD OF IT RESULTS ON TUESDAY

HCL Tech has Topped out .. Today's High SL , Sell for 1130-1120 Tgt Ahead of results on 17

HIGH RISK TRADERS CAN SELL IN FUT  LOW RISK TRADERS BUY 1100 PE @ 16 RS LOT SIZE 500 

 

 

BUY INDIABULLS SECURITES FOR 50 % RALLY

BUY INDIA BULL SECURITIES ABV 13 ON CLOSING FOR  TARGET 18- 20 IN  MEDIUM TERM

Amazin Journey of USD INR from Lows of 39 to Highs of 69

USDINR has gone through dramatic ups and downs in last 6 years. Let’s have a look

Here’s the weekly Chart of USDINR back in 2007-2010 period

 

Source: Chartalert.com

In 2007, everything was going India’s way. USDINR was trading at 39. FIIs were pumping money like there is no tomorrow. But 2008 subprime turbulence disrupted the momentum pretty badly. Equity market started selling off and FIIs were on SELL mode. It did impact currency market and INR depreciated from 39 to 43 by middle of the year in 2008. Nothing catastrophic. People were still bullish on India. Though Technically, USDINR was above 100 week moving average; and INR looked vulnerable. BUT then came Lehman crisis – and it just broke the back of both currency and equity markets. USDINR zoomed from 100 week ma and 42 all the way to 52 by March 2009. It was a 24% depreciation in less than 9 months. That was first major depreciation India saw after a long long time. 
The depreciation peaked with Ben Bernance green shoots remarks. Early recovery in Global markets helped INR appreciate from 52 to 49. The INR got another bullish dose with UPA Government coming back to power with more majority. INR from 52 in March 2009 appreciated to 47 by end May 2009; and 44 by March 2010. Lehman crisis looked like a small bad dream. Again India was back and things were looking up. Every Heads of state around the world were making India visit with large business delegation with Obama visit scheduled in Nov 2010.
Reality Check: INFLATION, CORRUPTION, BAD GOVERNANCE (This is INDIA) 

Equity market reversed pretty dramatically in Nov 2010 but it took a while to see the impact in currency market. USDINR made a base at 44 for long time before breaking out in August 2011 and making a new HIGH of 53.5 by Dec 2011. Indian story just turned nightmarish for everyone

 

The above weekly chart captures the dramatic depreciation of USDINR between July 2011 and July 2012. It was a depreciation of about 30% in 12 months. And YES this was worse than Lehman and it was real. 
FORMATION OF TRIANGLE PATTERN:

 

Then, between July 2012 and May 2013: a triangle pattern was getting formed. Though it was a continuation pattern but lots of folks were turning optimistic on reform measures announcement by Government. Nobody knew which way it would break. Ben Bernanke Taper remarks helped and USDINR broke out on the upside and had a blow out move from 57 to 69 ~ a move of 22% in less than 3.5 months.
But with change of guard at RBI and delay in QE tapering, INR has pulled back from panic lows of 68-69. But the big question: Can the reversal sustain?
ROAD AHEAD
USDINR has pulled back substantially from panic levels of 68-69. But with two major risk events ahead: 1. Indian elections; and 2. US Fed Exit from QE, one cannot be very optimistic on INR. At this point of time, we can assume that near term panic is behind us but a higher base at 57-60 has been set for USDINR. On panics, we don’t know where USDINR can go. Remember, INR is in Long Term Bear Market which means it still is Sell on Rally.

TASTE MONEY IN THIS TEA STOCK; MCLOED RUSSEL

MAIL SENT TO CLIENTS ON OCT 8
UPDATED ON  MY PAGE  2 DAYS BACK ABOUT A TEA STOCK HOPE ALL U REMEMEBER?
THIS WAS MY MAIL

KEEP STRICT SL
BUYMCLOED RUSSEL TOMMROW  IN FUT  BETWEEN 266- 268 TODAY CLOSED AT 271  264 SL TGT 280 IN 2 DAYS AND 300 IN ST HOT STOCK NOW FOR SHORT TERM