HITS & MISSES : NOVEMBER

 

            HITS AND MISSES NOVEMBER

CALL OF THE YEAR: AUROBINDHO PHARMA

 BUY AUROBINDO PHARMA ABV 205 SL 190 TGT 240- 260 LOT SIZE 2000 HIT 259 EXITED AT 257 (CONTINUING CALL FROM LAST MONTH) PROFIT 104000 RS STOCK WENT ON TO HIT 298 

http://trendzofmarket.blogspot.in/2013/10/aurobindo-pharma-stock-can-test-280-300.html 

 

TOTAL PROFIT THIS MONTH IN f&O ALONE:2,53,650 RS

 

Total NUMBER OF CALLS:29

PROFIT CALLS: 2,66,400

LOSS CALLS :12,750

HITS:  23   MISSES:    6

HITS:

1. CALL OF THE MONTH

1. BUY DELTACORP 2000 SHARES 85-87 SL BELOW 80 TGT 99-105-115 HIT 97 IN 4 DAYS TIME PROFIT 22000 RS 

2. CALL OR THE MONTH: BIOCON

BUY BIOCON ABV 342 SL 335 TARGET 360-365 BOTH ACHIVED LOT SIZE 1000 PROFIT 23000 

http://trendzofmarket.blogspot.in/2013/10/strong-results-by-biocon-stock-again-on.html

3. CALL OF THE MONTH: FINOLEX CABLE

BUY 2000 FIN CAB @64.50 SL 61.90 TGT 75-80 HIT 75.50 PROFIT 22800 RS

http://trendzofmarket.blogspot.in/2013/11/finolex-cables-about-to-break-multi.html 

4.CALL OF THE MONTH: ARVIND

BUY ARVIND FOR 130 -150 BUY 120 CA AT 2.40 LOT SIZE 4000 EXITED AT 10 PROFIT 30400 RS

                                       FUTURES & OPTIONS

     

  

1.      BUY  NIFTY 6200 PE @ 93  EXITED AT 197  LOT SIZE  50 PROFIT 5200

2.     BUY NIFTY 6150 PE @ 62  EXITED AT 120 LOT SIZE 5O PROFIT 2900 RS

3.     BUY M& M 935 SL 905 TGT 975 HIT 961 LOT SIZE 250 PROFIT 6500 RS

4.     BUY HINDALCO 122.50 CA AT 1.95 HIT 3 RS LOT SIZE 2000 PROFIT 2100 RS

5.     BUY BATA @ 1005 SL 975 LOT SIZE 250 TGT 1040-1060-1100  HIT 1071 IN 3 DAYS TIME PROFIT 16500 RS

6.     BUY NIFTY 6100 CA  AT 70 RS HIT 130  PROFIT 3000 RS

7.     BUY HINDACLO 120 CA AT .75 PS  HIT 2.70 RS INTRADAY EXPIRY CALL PROFIT 3700

8.     BUY APOLLOTYRES 82.50 CA @ .75 PS HIT 1.50 EXPIRY CALL IN JUST 10 MIN PROFIT 3000 RS

9.     BUY JP ASSOCIATES @ 51 SL 48 TGT 54-57 LOT SIZE 4000 HIT 54.65 INTRADAY PROFIT 14600 RS

10.      BUY BHEL FUT 154-155 TGT 160 -165 SL 148  LOT SIZE 2000 HIT 157.85 INTRADAY 6700 RS PROFIT

                                      MISSES

1.     SELL BATA @940 SL 925  SL HIT LOT 250 LOSS 3750

2.     BUY NIFTY 6200 CA @ 45 RS EXITED AT 30 LOSS 750 RS

3.     BUY 6100 PE @ 68 RS LOT 50 SLOSS 3200 RS

4.     BUY BHEL 155 CA @ .40 PS EXPIRY CALL  LOT SIZE 2000 LOSS 800 RS

5.     BUY CAIRN 340 CA @ 1.75 PS LOT SIZE 1000 LOSS 1750 RS

6.     BUY 6100 CA@ 12 4 LOT  HIT 22 IN HALF AN HOUR  IF NOT BOOKED CAN CONSIDER AS LOSS 2500  RS LOSS

                            CASH CALL

 

1.      BUY  THOMAS COOK ABV 75.50 HIT 82

2.      BUY DEEP INDUSTIERS @ 38.50 SL 35 HIT 42 INTRADAY

3.      BUY JUBILANT LIFE SCIENCE 97  HIT 132  IN 3 WEEKS TIME

4.      BUY TATA ELXSI AT  245 HIT 305  20 % MOVE IN JUST  A WEEK

5.      BUY NIIT TECH AT 310 HIT 332 IN JUST 2 DAYS

6.      SPARC TOLD TO BUY AT 145 TGT 160 ACHIVED

7.      M&M FIN TOLD TO BUY AT 285 CMP 295 HOLD ON FOR MORE GIAN IN NEXT MONTH

8.      FEW LONG TERM CALL GIVEN TO CLINETS CAN BE UPDATED IN THE BLOG NOW

 (I HAVE NOT CALCULATED THE PROFITS MADE IN CASH CALLS AS I HAVE NOT INDICATED QUATITY)

 

 

ROCKET CALL OF THE DAY: JP ASSOCIATES

MSG GIVEN AT 11.20 TODAY
BUY JP ASSOCIATES BUY AT 51 IN FUT LOT SIZE 4000 TGT 54-57 SL 48 IN CASH MARKET 
FIRST TARHET 54 ACHIVED AND STILL ON FIRE HIT 54.65 JUST TNOW PROFIT 14600 RS INRADAY

 

SEEE THE RESULT  GUYS  STOCK IS ON FIRE NOW  OUR CLIENTS MINTING MONEY 54.65 JUST HIT WHILE  WE ARE UPDATING THE BLOG  PROFIT 14600 RS JUST IN 3 HOURS TIME

TATA ELXSI ROCKE TMOVE 20% IN A WEEK

HOPE ALL YOU REM MY UPDATE ON NOV 2O TH
http://trendzofmarket.blogspot.in/2013/11/a-review-on-story-of-midcap-it-bull.html
JUST A WEEK BACK I MENTION TO BUY 4 MID CAP STOCKS WHICH ARE IN BULL MARKET  OR ABOUT TO ENTER FRESH LEG OF BULL MARKET

TATA ELXSI  TOLD TO BUY AT 245  TODAY HIT 305  CLEAN 50 RS MOVE  20% RETURN IN JUST A WEEK TIME

 

HERE IS WAT HAPPEN TODAY

STOCK IS NOW TRADING AT 300  HIT 306 SOME TIME BACK 

HOW LONG WILL IT SURVIVE: VIDEOCON

Videocon stock has done nothing since last 28 months and it seems the stock is just floating above the surface. The question is how long can it survive this way.


Here’s the Videocon weekly chart

 

As you can see in the chart above: Videocon stock has just held on above 165-170 since July 2011. There have been few instances where stock has rallied but all resulted in disaster. It’s matter of time before stock makes a decisive move. Considering how up move has failed: one should be careful. A breakdown can lead to disaster and big down move.
There is another possibility: False Breakdown which would be bullish i.e. a stock breaks down below 165 and then makes a sharp recovery above 165.
Whatever may be the case: If you are Videocon investor – be careful. There is no reason to buy till we see some real move i.e. breakdown or false breakout.

HOW TO RIDE ON A BULL MARKET STOCK:MCDOWELLS

CASE STUDY:MCDOWELLS(UNITED SPIRITS)

 

In stock market, the low risk strategy is to ride a running train yet many of us refused to do that on assumption that we are late in the journey. Well, here’s one example that breaks this myth.

The stock is McDowell
Here’s the McDowell Weekly Chart

As you can see in the weekly chart above: McDowell stock traded between 1740 and 500 during 2008 and 2012 period. The stock first declined from 1700 to 500 during 2008. It then rallied in 2009 from 500 to near 1700 by end 2010. It then again declined to 500 by Jan 2012. It then made some basing pattern in 2012 and again rallied from 500 to 1700. During second half of 2012: the move was pretty dramatic and vertical to 1700. Anybody who would have seen the move would have given up on the stock at 1700 considering it to be too late to enter. Well, that’s one mistake everyone of us make. We refuse to ride a moving momentum train, instead we hunt for a new one.

Just see what happened after 1700 when stock made a NEW HIGH ABOVE 1740.

Here’s the daily chart

McDowell stock broke out above 1740 and consolidated above it for many months before taking off. The take off was again vertical in April 2014 and stock which made spectacular move in 2012 from 500 to 1700 delivered another strong tradeable gains in 2013. The stock from 1740 has made a move of 60% in 2013 alone. That’s not bad for a stock that made 3x move in 2012. The lesson we all can learn: When a stock is ready to make a big move: it’s worth riding even if you have missed the first 50% of the move

ITS TIME TO CHANGE YOUR SHOES TO LIBERTY

The stock appears to be headed to the immediate resistance at Rs.116-117 range. A breakout past this resistance could push the price to higher levels. We expect Liberty Shoes to eventually rally to Rs.183, which is the 50% retracement of the fall from Sept.2005 high of Rs.289.95 to the Oct.2008 low of Rs.32.30.

A breakout past the immediate resistance at Rs.117 would strengthen the case for a move towards Rs.183. This target of Rs.183 is meant for those who are willing to play the waiting game as itt may take a few months or even beyond for the stock to reach this target.

The positive view would be invalidated if Liberty Shoe falls below the support at Rs.88. With the stock currently ruling at Rs.102, the stop loss at Rs.88 would be too rich for comfort. Investors may therefore accumulate the stock on weakness, so that the net risk on the trade is within acceptable limit.

ONE MORE RECENT DEVELOPMENT MAKES THIS STOCK MORE ATTRACTIVE

Famous Investor Dolly Khanna recently Bought Liberty Shoes in Portfolio

Short term Momentum Trade: Jubilant LifeSciences

MAIL SENT TO CLIENTS ON NOV 7 TH

TOLD TO BUY@ 97 TODAY STOCK HIT 120 STILL LOOK HOT FOR SHORT TERM

THIS WAS MY MAIL ON NOV 7TH


As you can see in the chart below: Jubilant Life Sciences has made a decent move in last few days and that too on impressive volumes. That’s not all – the move has broken the downtrend of the stock. The stock appears set for much higher levels after some consolidation at current levels. 
Trading Strategy:
One can Go Long on the Stock at CMP with no stop loss as of now. We will review the stock little later and take the call on stop Loss. A reversion to mean move can take the stock to 200 dma i.e. 143.

Piramal Enterprises: Building launchpad for Take off

Piramal Enterprises is a Leadership stock and has been building base for major take off in 2014. Here’s why

Piramal Enterprises made a stunning recovery in 2009 and rallied to NEW HIGH then and there itself. It made a new high around 550-560 in May 2010.

 

Formation of Resistance around 540-560
Piramal Enterprises Weekly Chart

It took about 2 years and few months before stock broke out in late 2012 above 540-560. The stock rallied to 620-640 but then move fizzled out and it has been a year since breakout and stock has done nothing.
Breakout and Consolidation
Breakout and too much of consolidation is healthy sign and it’s just a matter of time before stock takes off in a major major bullish way. It means the next bullish move will be exponential and will happen in short period of time, if it happens. Right now, stock does not have any energy and it can slip to 100 week ma. It’s only when stock slips below 100 week ma: we will have to question and review the leadership status of the stock
What does this mean?
Piramal Enterprises is a Leadership stock and currently under bullish consolidation above 100 week ma. One can Buy the stock with closing stop loss at 3% below 100 week ma( now 517). The stock looks like to be in multi year Bull market till it proves otherwise. The stock is good for investment and one should be prepared to hold for longer time of time as long as stock does not breakdown below its bullish structure.

TAKE A DEEP LOOKINTO DEEP INDUSTRIES

Deep Industries stock has taken off recently and you never know how far stock can go on this momentum move

Here’s the Daily Chart of Deep Industries

As you can see in the chart above: Deep Industries made a big momentum move from 28 to 40 in span of 4-5 days. The stock in last two days have become quiet and seems to be consolidating – a very normal trading action after a big move. It’s quite possible that stock may do the same for few more days before next round of bullish action. Such consolidation provides excellent opportunity to enter.
Remember, this is a low liquid stock and should be considered only for short term trading purposes. Keep a stop loss on closing basis below 35.5.

FINOLEX CABLES ABOUT TO BREAK MULTI YEAR RESISTANCE

 

Finolex Cables: Is the stock ready to run?

Is Finolex Cables stock ready to rally and breakout?

I HAD COVERD THE STOCK IN JULY   INITIATED A BUYhttp://trendzofmarket.blogspot.in/2013/07/finolex-cables-multi-bagger-stock-keep.html AT 52 WITH 65 TARGET NOW LETS RE-LOOK THE STRATEGY 

FIRST TRAGET 75 ACHIEVED TOLD TO BUY 2000 SHARES ONNOV 13 TH TO CLIENTS NO PROFIT HIT 22000 RS ROCKET CALL AGIAN ONLY FROM TRENDZOFMARKET

THIS STOCK IS NOW ALL POISED TO BREAK PAST 100 IN MONTHS TO COME THOSE INTERESTED CAN BUY THIS FOR MEDIUM TERM

HERE WAS MY MAIL IN 13 TH NOV

Here’s how the weekly chart looks -

There seems to be a weekly resistance of 65 built over many years. The resistance is well defined and hence breakout from such resistance will be very strong and vertical. Right now, stock is trading above breakout point but the momentum move has not yet started. 
The breakout depends on two factors: 1. Market Environment; and 2. Volume Buildup. Right now, both factors seem to be favoring Finolex Cables. The stock is clocking amazing volumes and breakouts are happening left, right and center. So, one cannot rule out the possibility of a vertical breakout in Finolex Cables.
How should one play?
One can Go Long at cmp of 64.50 with stop loss below 61.9. Now, remember Breakouts can work out in 1 day or it may take some weeks. One should exhibit patience and if breakout does workout – it may lead to strong upside move and rewarding gains.

BUY 2000 SHARES AT 65 SL 61.90  TGT 75-80+( TIME FRAME 4-6 WEEKS)

 

 

IS THERE A BOUCE BACK ON CARDS?

Markets Loses 5% From Diwali day Top In Just Six trading Sessions , Where is the Support ??

When Everyone on Street was Giving Bullish Commentary in Oct Last Week , I came up with a detailed Report Saying that Market will make a Top on Diwali Day (mahurat trading) And After that Sensex can correct 10% at least for 19K Tgts ..
Its been just Six Trading sessions Since Diwali day & We've fallen 5% without any big -ve trigger ... Sensex Today Touched 20,250 from Diwali day peak of 21,321 ...
I HAVE  SENT MAIL ON OCT 29 TH TO CLIENTS

http://trendzofmarket.blogspot.in/2013/11/will-history-repeat-itself-again-post.html 

Anyhow Now Everyone seems to be on panic mode , Although Selected midcaps are still outperforming but Bull market euphoria seems to be getting over day by day ...Now Question that comes to mind is when will market stop falling ??  Well Lets check chart now (As I'm a technical Analyst  :-D ) ...Last time (In Sept) When Sensex fell 5-6% It took supp at 50 dma & bounced , Now Again I'm betting that Sensex Should Take supp ard 50 dma which comes at 20150 Sensex levels , As shown in chart ... Trigger can be SBI results tomorrow , Who Knows , a +ve surprise from SBI tomorrow & PSU banks will be back in Action before u know it , Also with Thus (Moharram)  being a Holiday , Tomorrow Bears might look to book some Solid gains ahead of Long weekend (Vols Shud be Sluggish on friday)...I dont read much into Fii data but they are still buying in cash , Although they are selling double qty in Future segment ... So now Sensex 20150 / Nifty 5950-60 Spot shuld be levels one should look for trend reversal in market ... Bank nifty 10.3-10.4K is strong supp as well & Again Saying Sbi Results could be next big trigger for our market direction now ...Although  A Close below 20100 Sensex & 5950 Nifty spot will confirm that Down Trend will continue & Bulls will run for cover & Sensex will hit 19.5-19K very soon ..

Nifty is right above 50 dma i.e. 5974. But what is disturbing straight line of decline. Having said that, the market still has bullish structure which means Nifty continues to be BUY on declines. 
What does this mean?

Nifty is not yet ready to breakout to NEW HIGH but broader market looks good and one should look at stock specific activity. Keep an eye on support around 50 dma. A breach below 50 dma will be the first warning sign for bulls. Right now, the best strategy: Focus on individual stocks.

The 50 dma on Nifty is 5974

Will HISTORY REPEAT ITSELF AGAIN ?? POST DIWALI

MY MAIL TO PAID CLIENTS ON OCT 29 TH TOLD TO BUY 6200 PE @92 HIT 150 TODAY

AFTER THAT NIFTY CORRECTED ALMOST 5% 300 POINTS AND SENSEX NEARLY 1000 POINTS

JOIN TRENDZOFMARKET  TO GET SUCH ALERTS AND VIEWS

WILL SENSEX Top out on Diwali Day ?? Will HISTORY REPEAT ITSELF AGAIN ??

In 2008 SENSEX Topped Out in JAN , making Clear RSI -ve Div Near 21.2K

 

In 2010 Sensex Topped out on Diwali Day @ 21.1K & Crashed 10% in Next 2 weeks (RSI -ve Div was there)

In 2013 Sensex Can Top Out Again Near 21K & Can Crash 10-12 % in November Itself (RSI -ve Div is currently in making)

 

 

 

 

STORY OF MID CAP IT BULL MARKET

Last 1.5 years has been great for Frontline IT stocks be it TCS, HCL, Infosys, Tech Mahindra and now the money seems to be moving in all Technology stocks especially midcap and small cap companies. A wealth creation opportunity seems to be developing in the space with USDINR new base set at Rs. 62. 

Let us look at various IT midcap stocks technical status.

MindTree: The Bull market here was in sync with frontline stocks

The stock is buy on deep deep declines now. The Bull market is not over and should be on radar for investment purpose.

Persistent Technologies: Runaway move

The stock is buy on deep deep declines now. The Bull market is not over and should be on radar for investment purpose on deep declines like 50 week ma.

Hexaware: WAITING FOR BREAKOUT

Hexaware is also one of the strong stock. The stock needs to breakout above 135 on weekly basis to restart fresh momentum move in the stock. Keep an eye on the breakout.

NIIT Technologies: WAITING FOR BREAKOUT

NIIT Tech has been in Bull market for long time now but needs to breakout above 305 to restart fresh momentum move. The breakout appears likely.

KPIT: Already Broken out

KPIT has broken out above 140 and seems to be consolidating. It’s only a matter of time before stock takes off in a big big way.

Infotec Enterprises: Already Broken out

Infotech Enterprises broke out above 200 and then just took off in a major bullish way. The stock saw pretty vertical upmove post breakout.

Eclerx: Already Broken Out

Eclerx broke out above 890 and the stock is buy on pullback. The stock has much higher levels to climb

Sasken: Breakout on weekly chart

Sasken broke out above 140 and the stock is buy on pullback. The stock looks good for more and seems to be turning around after long time

Tata Elxsi: Momentum Push

Tata Elxsi also seems to be turning around and moving in momentum steps. The stock appears buy on pullback near 20 dma

WHAT DOES THIS ALL MEAN?
Make a List of all the above IT stocks with breakout levels and probable buy areas and then look to add in the portfolio when stock declines. The Bull market in the sector appears structural and can surprise investors on the upside. The midcap IT sector appears very bullish on charts

DEN NETWORK: A RELOOK INTO THE STOCK

Here’s the detailed Technical Analysis of DEN Networks

Let’s look at the Weekly Chart

As you can see in the chart above, DEN Networks broke out above 110 way back in July 2012. Post breakout, it rallied and then pulled back to 110 only to rally higher. The rally gathered momentum and stock moved from 110 to 240 in less than 6 months. The stock stalled at 240: weekly resistance level and then sold off from 240 to current levels of 138.
The Big Question: Is the Bull Market over?
The pullback from 240 to now levels of 138 appears very substantial and does raise serious questions on the technical health of the stock. Let us assess from Fibonacci perspective. 
Fibonacci Retracements are ratios used to identify potential reversal levels. The most popular Fibonacci Retracements are 50%, 61.8% and 38.2%. 

As you can see in the chart above, stock currently seems to have pulled back to 50% Fibo levels which appears ideal support levels. But there seems to be no buying appearing in the stock. Below this, the stock can slip to 61.8% retracement levels which coincides with near breakout levels of 116.
What does this mean?
DEN Networks is in BULL MARKET but has lost momentum. The stock is right now at important Fibo support level and if it finds support here: this can be attractive level to buy the stock but with tight stop loss of 5% from current levels of 138. If stock breaks current levels, then it can decline to 110-116 levels. Even if stock finds support here, one has to exhibit tons of patience. The broader assumption is that stock has much higher levels to climb in future and hence this level can be attractive entry point. But if it does not work out, one should be prepared to exit. The stock will become TOTAL AVOID below 110-112 levels.
This is not a momentum stock. One should invest only if one is comfortable with the stock and has more knowledge about the company and is comfortable with the space and stock. The analysis is for readers who are interested in DEN Networks stock.