Charts reveal bank rate cuts

Looking at the weekly charts, it reveals that some good news is going to flow into the interest sensitive stocks like banks, infrastructure and auto stocks.

There might be some rate cuts which might boost these stocks.

The best to buy is bank nifty with stop at 4500, IOB and KTK bank


Happy Trading

Samm INc

Short bank nifty

Bank nifty looks good for shorting today. Have a stop loss at 4500 take profit of minimum 100 points


Happy Trading

Samm Inc

Avoid trading tommorow

It is better to avoid trading tomorrow. Market is showing confusing signal.

If the market does not cross the first five minutes low then short GESHIP

If the market does not trade below first five minutes high then go long on Tata Tea.

If these conditions are not fulfilled, then avoid trading


Samm Inc

Buy Bata

Bata can be bought with stop loss at 84 for the target of 90.

Buy Bank nifty for 300 points gain


Happy Trading

Samm Inc

Hindalco & ONGC

Buy Hindalco for Monday for the target of 50 with stop loss at 44.

Buy ONGC with stop loss at 660, for short term target of 710.

Buy cummins with stop loss at 170.

Markets are moving in tight range with positive bias. Hence avoid shorting


Happy Trading

Samm Inc

Today Pick

The following stocks can be traded for today

1. Short Bombay dyeing

2. Short Maruti

3. Buy Cummins


Happy Trading

Samm INc

Today stocks

Short GE ship and Mcdowell today. CNX IT will crack today

Happy Trading

Samm INc

Reliance will pull down the market today

Markets are ready for the downside ride. Reliance futures has given the dark cloud cover on daily charts. Hence we recommend to short reliance futures close to 1300 and leave the short for new low for reliance.

The best shorts available today are CNXIT and bank nifty.

Shorting NTPC will give good returns in the near future

Happy Trading

Samm INc