Dear All,
Following is the email sent to the subscribers of our Weekly Outlook Services. Do subsctibe to our services by simply sending an email to dewang@denip.in or nimesh@denip.in
Markets are forming a lot of tops around the 5050 – 5080 mark, which suggests two obvious things. Either the market is trying to break out of 5100 or that it’s time for another sell off to hit the market.
I will advise you’ll one thing, go long on stocks and hedge it via a Nifty PUT. Buy Nifty 4600 PUTs so that you’re largely out of money and have to shell out a minimum premium and long stocks so as to earn equivalent gains from them.
We completed 50% of the stock ideas sent out for this week. Keeping that in mind here are a few calls for intraday trade tomorrow.
Bharti Airtel – CMP 299.7
• Target 309
• Stop loss 290
• Day high of 306.9 – target missed but in profit•
IDFC – CMP 166
• Target 172
• Day high of 168.75 – target missed but in profit
Infosys – CMP 2383
• Target 2420
• Stop loss 2348
• Day high of 2427 – target completed
Kotak Bank – CMP 783.8
• Target 796
• Day high of 818 – target completed
Powergrid – CMP 100
• Target 103.5
• Stop loss 97
• Day high of 103.4 in the cash segment & 103.7 in the futures space – target almost completed
TCS – CMP 697.2
• Target 699
• Stop loss 671
• Day high of 703.4 – target completed
As always in case you’re buying into these calls hedge them with PUTs.
Notes:
All prices relate to the NSE, unless otherwise mentioned. Stop-loss levels might be given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there. Investors should set stop loss levels according to their own estimates. Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits. Don't chase a stock, if you are unable to buy a stock because it hits circuit levels on successive days, don't buy that. DENIP Consultants Pvt. Ltd., the blog owners, our clients and all related entities may or may not have positions in the securities mentioned above. Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. All the money you invest to buy the shares can be lost. DENIP Consultants Pvt. Ltd. or the blog or the moderators or the blog owners or any related entities shall not be responsible for any losses incurred for acting on these recommendations. Take the advice of your own financial advisor and do your own research before entering the stock.
Following is the email sent to the subscribers of our Weekly Outlook Services. Do subsctibe to our services by simply sending an email to dewang@denip.in or nimesh@denip.in
Markets are forming a lot of tops around the 5050 – 5080 mark, which suggests two obvious things. Either the market is trying to break out of 5100 or that it’s time for another sell off to hit the market.
I will advise you’ll one thing, go long on stocks and hedge it via a Nifty PUT. Buy Nifty 4600 PUTs so that you’re largely out of money and have to shell out a minimum premium and long stocks so as to earn equivalent gains from them.
We completed 50% of the stock ideas sent out for this week. Keeping that in mind here are a few calls for intraday trade tomorrow.
Bharti Airtel – CMP 299.7
• Target 309
• Stop loss 290
• Day high of 306.9 – target missed but in profit•
IDFC – CMP 166
• Target 172
• Day high of 168.75 – target missed but in profit
Infosys – CMP 2383
• Target 2420
• Stop loss 2348
• Day high of 2427 – target completed
Kotak Bank – CMP 783.8
• Target 796
• Day high of 818 – target completed
Powergrid – CMP 100
• Target 103.5
• Stop loss 97
• Day high of 103.4 in the cash segment & 103.7 in the futures space – target almost completed
TCS – CMP 697.2
• Target 699
• Stop loss 671
• Day high of 703.4 – target completed
As always in case you’re buying into these calls hedge them with PUTs.
Notes:
All prices relate to the NSE, unless otherwise mentioned. Stop-loss levels might be given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there. Investors should set stop loss levels according to their own estimates. Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits. Don't chase a stock, if you are unable to buy a stock because it hits circuit levels on successive days, don't buy that. DENIP Consultants Pvt. Ltd., the blog owners, our clients and all related entities may or may not have positions in the securities mentioned above. Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. All the money you invest to buy the shares can be lost. DENIP Consultants Pvt. Ltd. or the blog or the moderators or the blog owners or any related entities shall not be responsible for any losses incurred for acting on these recommendations. Take the advice of your own financial advisor and do your own research before entering the stock.
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