31st March 09

Hi,



Nifty opened at 3061 yesterday, made a high of 3066 which was just below my M3 levels yesterday. This was a gap down which meant my swing shorts from friday (initiated at 3075 averaged at 3125) straight away moved into profits. Since markets opened below my M3 i held onto the swing shorts and booked them partially as they kept falling. I am still holding small swing shorts in Nifty.



It was a great day for my other calls, Bank Nifty achieved T2 yesterday itself and the call is closed.

Relinfra achieved T1 of 525 yesterday itself. NOw on target for T2 475. Please keep TSL as 530.

NIfty - Achieved T1 yesterday and is on track for T2. TSL now is 3030.

DLF - hit 170 SL hence should be shorted now with TSL 175.



Will add some more calls tomorrow on swing.



Intraday Magic numbers for today

NF = 2910, 2944, 3002, 3040, 3088



Cheers

SH

30th March 09

Dear Friends,

Please refer to my weekend post on my swing calls.

US Markets on Friday closed deep in red and today asian markets are in red. Nifty should also open weak today and hence my shorts from Friday will start moving to profits.

Intraday Magic Numbers
NF = 2992, 3025, 3072, 3110, 3156

Cheers
SH

Fresh Swing Calls

After good success with my previous swing calls, I am posting fresh swing calls for the next 10-15 days.

Please note that all my SL's are reversible i.e If the SL is hit for longs, existing longs should be closed immediately and new shorts should be opened immediately with a fresh SL as quoted by me. In worst case scenarios the second SL might also get hit (for shorts in this case) however it means fresh longs to be opened again as per original position with same SL.



Remember - if you follow the rules and reverse your positions everytime an SL is hit - you will make huge money - just dont lose the trust (I know it hurts a lot when you stop trading the third trade after 2 SLs are hit and you see the third trade which you didnt take goes and hits the target) . Remember, since my SLs are small just 1 winning trades is enough to cover to cover any losses due to SLs.



Also - Partial Profit booking is important once the call moves in profit....!



With above in mind, I am giving my fresh swing calls for next 10-15 days. Some of them will achieve the target faster than others, but 90% of them should achieve them in next 3-4 weeks.



BankNifty - CMP 4400. Short here at 4400 with 4450 SL for targets 4200/4050. Above 4450 long with SL 4400 for targets 4600/4800.



Nifty - CMP 3120. Short here with SL 3155 for targets 3000/2920. Above 3155 long for targets 3270/3450



DLF - CMP 182. Buy at 182 SL 170 for targets 200/220. Below 170 short with SL 182 fir targets 152/130.



Relinfra - CMP 567. Short at 567 SL 580 for targets 525/475. Above 580 long with SL 565 for targets 650.



I will add more calls as i see nice setups building up.



Cheers
SH

27th March 09

Nifty continued it's bullish run yesterday too and closed around my M5 levels . I closed by swing longs yesterday at closing since i anticipate at dip to 3000-3025 atleast once in coming 3-4 days. I would add swing longs again when that dip comes.

People who remember my channel strategy posted on my blog earlier, they will find Nifty has closed right atthe top channel wall .. we are in a state of hysteria .. and any higher opening today can be shorted .... but if it rallies more people can freely add to shorts at every 50 point rise....

Overall though, the above dip notwithstanding, I am still bullish in the medium term.

Swing calls on stocks to follow soon today.

Intraday Magic levels for today
NF = 2990, 3025, 3075, 3110, 3135

Cheers
SH

26th March 09

NIfty continued to show it's bull power yesterday by closing at day's highs. However, as usual expiry days are, yesterday it gave wild swing both sides without giving any sustained trend hence hitting SL's on both sides for intraday players.

I personally gave 3 intraday calls , 1 was profitable and 2 hit SLs hence my intraday ledger got slight drawdown yesterday. There is no reason why today would be a trending days since the option writers would try keep Nifty still so that ATM options expire worthless. I will refrain from intraday trading today and would advise the same to all my readers. However in case I see a low risk/high probability trade, I will trade with small position size.

From a swing perspective nothing bad in continuing to hold your longs, I anticipate a dip later today or tomorrow to 2920-2950 levels again where more longs acan be added. SL continues to be 2910 on a closing basis.

After this expiry, I will post my fresh swing calls on stocks.

Intraday Magic levels for today
NF = 2935, 2962, 3015, 3045, 3088

Cheers
SH

25th March 09

Nifty continued it bull run yesterday. It opened and moved above 2982 quickly (My M4), made a high on 3015 (5 points above my M5). As predicted in my yesterdays blog, it later corrected to make a low of 2915 (almost to my M2) so anyone who just trades based on my magic numbers should have definitely made money first in long and then in shorts later.

I gave 5 intraday calls in SB yesterday, all successful. The win to lose ratio is now 10:1 in last 3-4 days.

From a swing perspective: SAIL achieved 97, SBI achieved 1080, Unitech achieved 29 & DLF achieved 177. Infy hit SL of 1350. BHEL made a high of 1464 hence the call is still open.

Nifty has closed above 2925 yesterday so I am still bullish on it. Today asian mkts are all in red so we might open with a slight gap down.. if we continue to trade below 2925 today I will close my swing longs of nifty opened at 2925 day before yesterday....

For stocks, I will post my fresh swing calls later today.

Intraday magic levels for today
NF - 2850, 2892, 2951, 2986, 3020.

Cheers
SH

24th March 09

Markets gapped up yesterday handsomely tracking the Fed's move and continued to rise at 45 degrees throughout the day. On Nifty, as per my blog yesterday, the swing longs should have been booked at 2850 and 2900 yesterday. From 2717 we longed hence this swing call is now closed with around 200 points profit per lot.

For me its still a bullish swing hence no swing shorting yet. We can think of shorting either below 2790 or around 3100 levels with 20 points SL. Nifty looks to gap up today as well tracking yesterday's strong US move but I foresee a dip to 2900 -2920 levels later today or tomorrow here NF can be bought again for the next swing.

In SB I gave out a half-hearted intraday short call which hit a small SL , taught me a an invaluable lesson of not to give in to pressures and give out half hearted calls.

From a swing perspective :

BHEL opened at 1415 straightaway at the opening bell hence the buy call is triggered now with SL 1390.

Infy - shorts at 1330 should have been initiated with SL 1350.

L&T - hasnt broken 570 hence call null and void now.

SAIL - buy call has started rocking with SAIL making a high of 96.95 yesterday. Today at gap up it should go above 97 hence traget met call closed.

SBIN - Achieved target 1 of 1020. Now stage is set for traget 2.

Unitech - Closed at 28, only one point away from my target now.

Relinfra - Old swing call, target achieved of 510 today.

Relcap - This was the most amazing call, achieved swing target in one hour. Gave a call in SB for it and it zooomed.

Todays magic levels
NF = 2865, 2907, 2947, 2982, 3010

Cheers
SH

23rd March 09

Markets gapped down on Friday and fell earlier in the day to make a low of 2765. This was close of the point (2760) where i had suggested to add back longs to the existing ones from a swing perspective with 2740 as SL on Friday. For the the swing is still bullish until the charts suggests otherwise. Please keep holding the longs with 2740 SL .... book partial longs at 2850 today and rest near 2900 if it comes. TSL once 2850 is achieved becomes 2790.

From an intraday perspective, markets opened at my M3 (2788) and slowly fell to close to my M2 (2765). From their it took support and went back up to M3 again quickly (2788). It went even above M3 and closed between M3 & M4. The followers on my magic numbers could have played all these swings.

In SB I gave two intraday calls on NF both successful earning 114 points (INR 5700) on 4 lots (investment of 1 lakh). In last three days I am 310 points plus (INR 15500) on an investment of 1 Lakh.

I have also posted my swing outlooks on a few stocks yesterday in case anyone is interested in trading stocks. I will add more as and when i see good setups developing in other stocks.

Magic numbers for today
NF = 2740, 2788, 2834, 2842, 2872

Cheers
SH

21st March 09 - Swing views on stocks

Posting my swing recommendations on a few stocks i follow (CASH LEVELS). I will add more when i see good setups.

BHEL - CMP 1378, Short here and more at 1390 with SL of 1405 for targets 1310. Above 1405 buy with SL 1390 for targets 1480/1500.

INFY - Short if reaches 1330 levels with SL 1350 to targets 1250. Above 1350 long with SL 1330 for targets 1420.

L&T - Short if breaks 570 levels with SL 575 for tragets 540.

SAIL - Buy at 88-90 with SL 86 for targets 97.

SBIN - Buy at 954 with SL 925 for targets 1020/1080.

Unitech - Buy at 26.90 with SL 25.50 for targets 29.

Cheers
SH

20th March 09

Hi,

Yesterday at gap up at 2800+ levels were where 50% of your longs should have been booked. Markets fell like nine pin after the gap open to touch 2757 and from there rebounded in the last 2 hours to close where they opened.

From a swing perspective, I am still bullish on this swing. Please continue to hold longs and add more if it falls to 2750-60 with a strict SL of 2740.

I gave only one intraday call on NIfty which meant a profit of 70 points (Rs 3500). So in last two days total profit of 196 points or Rs 9800 (gross of brokerage).

These calls are being given by me in SB (Shout Box) on www.icharts.in since yesterday. I am flooded with requests to provide these calls on YM or on mobiles however the problem is while I am in office I dont have access to YM. Probably I will need a window based phone from which I can send YM messages to my friends on their desktops and mobiles. If anyone has any idea on what's the bext (and most economical) way to do it please email me on stock.hunter@yahoo.com.

Intraday Magic levels for today
NF = 2727, 2762, 2788, 2827, 2855

Cheers
SH

19th Feb 09

Hi,

Yesterday as expecte markets gapped up and continued its bull march to 2830 ... I said in SB during trading hours when mkts were around 2820 that we will get an inverted hammer on EOD charts and thats exactly what we go on EOD. In any case swing longs initiated yesterday should be sitting with profits now.

In case its gap ups today, please book 50% of your holdings at gap up and for rest put the SL at your entry point.

I started giving intraday calls in SB from yesterday, gave 2 intraday calls both gave nice profits of 69 and 57 points respectively. I have started recording my intraday calls in icharts forum thread. Check it out if you have time....

as you can see my magic levels did well, NIfty kept oscillating between my M3 and M5 yesterday again. Hope they are proving to be useful guideposts to traders reading this blog? Please leave your feedback as comments so that I can continue positing these levels.

Magic numbers for today
NF = 2730, 2755, 2795, 2820, 2855

Cheers
SH

18th March 09

Hi Friends,

excellent day yesterday for intraday, NIfty opened between my M3 & M4 ..... fell to 2751 (near M3) , bounced from there to 2803 (near M4) ... then fell non stop to 2745 (M3) again .... and finally closing at 2751 (near M3). The followers of my intraday numbers should definitely have made profits in longs and shorts both.

From a swing perspective, the dip FINALLY did come on Tuesday and as suggested by me longs should have been added yesterday.

NF magic levels for today
NF = 2680, 2714, 2765, 2796, 2840

Cheers
SH

17th March 09

Nifty continues to show its strength and a nice bullish swing is now underway. The dip which i was expecting to come should come today ... not to 2650 now but to around 2700. If that comes, one should go long immediately or add more longs.

On intraday, NIfty opened between M3 and M4 , gradually moved to M4 later in the day and then crossed and and successfully reached M5 and closed thereabout.

Today magic levels
NF = 2665, 2715, 2745, 2808, 2835

Cheers
SH

16th March 09

NIfty closed +ve on Friday which was a signal to go live for swing. First target is 2790.

IF Nifty gaps up today, you can look at booking profits as I foresee a dip either kater today or tomorrow to 2650 levels before Nifty rises again.

Magic levels for today
NF = 2620, 2665, 2690, 2745, 2775

Cheers
SH

15th March 09

Please do not miss on my RSEX thread on icharts.....

http://www.icharts.in/forum/viewtopic,t,1358.html#4458

Cheers
SH

13th March 09

Hi Guys,

Yesterday markets kept oscillating between my M1 & M3 levels and should have given enough points on both sides.

From a swing perpective, if we get a positive closing on EOD charts, please open swing longs. I would also like to share my personal method of trading swings which ensures massive returns....

For each swing, I trade 4 lots. I book incrementally i.e book 1st lot at 2.5% returns, 2nd lot at 5% returns, 3rd lot at 7.5% returns & last lot at 10%. We might have to exit all lots in between if an opposite signal comes.

For eg If I have shorted 4 lots at 3000 ... I will book 1st lot at 75 points profit, second lot at 150 point profit, 3rd lot at 225 points profit and last lot whenever i am getting 300 pointsIn case we get a reversal signal after 150 points... we will book all 3 at 150 points each and go long....

So remember ... if its closing as a green tick today on EOD go long!!

Intraday magic levels for today
NF - 2570, 2605, 2635, 2665, 2690

Cheers
SH

12th March 09

Hi all,

Hope you had a nice few days off from the markets and enjoyed your Holi to the fullest.....

Last 2-3 days have been very good for the global markets since after making new lows they started recovering... this is a technical bounce and the overall trend remains down. However these bear markets rally are quick and fast .. so worth riding and exiting as soon as you are in profits.

Today NIfty might gap up by 3% or more as suggested by SGX. I would for day end and square off shorts and open longs if it is about to close above 2630.

Out of the 4 stock calls, SBI and RelCap have achieved their swing targets. The rest two calls, bullish on Relinfra & Bearish on Infosys are still active.

Intraday magic levels
NF - 2570, 2610, 2635, 2662, 2680

Cheers
SH

09th March 09

Hi Friends,

I was travelling since Thursday evening, visited Mumbai and from there Shirdi. Returned yesterday night hence couldnt write my blog or keep a track of the stocks.

Mkts crashed on Thursday without any rhyme and reasonand recovered slightly on Friday to close at around 2620 which is a resistance zone now. I will wait for teh mkts to open today and change my stock positions accordingly. If mkts stay below 2630 today I will open Nifty shorts with 2630 SL .

On the calls though, Relcap long had hit 6 point SL in longs but after that the short with SL 325 has achieved the target of 290 in no time.

SBI long also hit 10 point sL at 965 however the short at 965 is in profit. It made a low of 911 on Friday which is a shade away from teh target of 900.

Relinfra is still hlding above 440-445 hence still bullish.

Infosys still below 1230 hence still weak.

Intraday magic levels
NF - 2490, 2550, 2590, 2643, 2678

Cheers
SH

05 March 09

It ended up to be a lucky move to hold on to the longs for a day more. Nifty closed above 2600 yesterday hence I am still in longs. yesterday opened longs in ICICI, Relinfra, Rel cap and a short in Infy. SBI can be longed today with an SL of 960.

Intraday magic numbers
NF = 2595, 2620, 2655, 2675, 2710

Cheers
SH

04th March 09

as expected, Nifty continues its downward trend. Swing shorts should have been booked at 2630 yesterday and swing longs should have been opened at those levels with 2600 SL . I planned to square off my swing longs at 2600 and open swing shorts again at 2600 with SL 2630 for tragets 2400-2450 however hiven NS was still trading above 2600 I decided to give my swing longs today as well to see in case NF bounces above 2600 today. If NF does bounce above 2600 today I will keep 2590 as strict SL.

Yesterdays magic numbers made a huge impact, I shorted at 2665 (my M4) with SL 2675. Once it broke 2645 (my M3) it was a non stop ride to my 2685 (M2). I had exited swing shorts at 2690 though.

Todays Magic Levels
NF - 2520, 2550, 2590, 2625, 2655

Cheers
SH

3rd March 09

Nifty cracked yesterday as expected and closed on its days lows. It closed below the channel line today and one more close below the channel line today can make us go below 2500 in coming days.

All global indeces have made a new low as compared to Oct 08 lows and I wont be surprised if NIfty follows suit.

My swing targets of 2630 was achieved yesterday for shorts initiated at 2850. Thats a clear 220 point profit on swings. However I had booked my swing shorts at 2650 and bought some 2600 puts out of the profit.

Today if it does a small gap down and NF holds above 2600-2610, I will try and go swing long with 2590 as SL for targets 2790.

Below 2600-2590 I will go swing short for targets 2500/2450.

Yesterday, intraday magic levels also played very well with NF opening below M3 levels and closing slightly below M2 levels.

Intraday magic numbers
NF - 2585, 2605, 2645, 2665, 2695

Swing recommendations
Besides NF swing views shared above, some views on stocks (all cash levels).

1. Infosys - above 1230 long with SL 1215 for targets 1300/1330 in coming days. Below 1220 short with SL 1230 for targets 1150/1120.

2. REL Capital - Buy around 324-320 with 318 as SL for targets 380 . Sell below 322-320 with 325 as SL for targets 290.

3. Relinfra - Buy around 440-445 with 435 SL for targets 510. Sell below 440 with SL 446 for targets of 400.

4. SBI - Buy around 970-975 with 965 SL for targets of 1050. Sell below 965 with 975 SL for targets of 900.

More to follow as and when I see the right setup and levels.

Cheers
SH

2nd March 09

Hi, Need to rush out for something important hence keeping todays blog short and succinct. Nifty remains in weak zone along with global markets hence as suggested by SGX Nifty we should have a gap down of more than 50 points.

On Friday I had booked my swing shorts at 2680 and re-opened them at 2740, this was shared in SB on Friday. Hence my swing shorts are from 2910 now instead of 2850. However that was purely intraday game hence if someone didnt do it its still ok.

Swing positions - Hold NIfty shorts (initiated at around 2850) last month with TSL of 2800 now for targets of 2630.

Intraday Magic Numbers
NF - 2595, 2630, 2680, 2725, 2775.

Cheers
SH

RSEX strategy

Dear friends,

Being a weekend I decided to share on more strategy I use so that it can benefit you all. Besides my swing levels and intraday Magic levels, I also follow an indicator currently available only on Icharts called RSEX.

I have written exhaustively in the forum (link below) under strategies to help both swing and intraday traders. This post of mine by the way has also become the highest read trading strategy in Icharts within just 2 months of its start and I am getting a lot of thank you notes from across the continent for sharing the strategy since it is making their ledgers turn profitable. I have decided to share more knowledge now through my blog.

Thanks to icharts for this wonderful indicator. Please follow this link for the post and try and read it from start:

http://www.icharts.in/forum/rsex-strategy-posted-on-popular-demand-t1358.html

Cheers
SH