Stocks to watch in Jan 2016

Date: 12-Jan-16
Tech Mahindra Option data seems to show signs of bouncing back from its current close of 507. It may touch 524-529 and then 534-539.  It may achieve these targets in Jan itself. Stock delivery position has also increased with 72% shares taken in delivery.
Best buy will be at 501. Keep stop loss at 500.

Tata motors option data also seem to show bullish stance...however the stock range seem to be from 330 to 400. It has closed at 360. Best buy will be when it retraces upto 345-350 keeping stop loss of 330 for a first target of 374-379 and second target of 394-399

Stocks to watch

Watch Adani Ports, State Bank of India and Yes Bank for swing trading oportunities.

State bank @ 239 looks good to go long, buy in the range of 234-239 for a target of 254-259, keep stop loss of 229. Holding period 10-15 days.

Yes Bank @783 may show some resistance in 790-810 levels, trade for shorting opportunities with caution. the stock is likely to correct from current levels upto 710-730. Do not go long in this stock.

Adani Ports @289 is at the crux of eiether shooting up or crashing. Keep a watch and trade accordingly. The range for Adani ports is 270 to 320

Axis Bank Option Trade

Lets do it again !!!

Hello Friends,
I have been getting a lot of request for starting the blog activity again. I was feeling a little lazy to update the blog, hence took a break from blogging.

In a short while I will be active again. Let me put a date to this promise too so that I am accountable. I am going to start blogging again every weekend from 1st November, 2015.

So friends, thanks for your support and your follow up emails. Lets start our journey again. This time I am going to focus more on Options.

Till then Happy Trading !!!

Stocks to watch in Mid-April 2015

Date: 18-Apr-15
Following stocks seems to have corrected and come in their demand zone they may give a good 3% to 10% upmove from current levels.

1. ZEEL
2. DISH TV
3. IBREALEST

Hindalco Option Data Analysis

Nifty Analysis