Greetings !

July expiry had started with Nifty trading around 9500 and now closing well above 10000 plus levels… Both of these levels has their own significance.

9500 could be Make or break on following grounds,

1. Because, there were many doubts / confusion stack-up against successful Implementation of GST
2. Because, Q1 Earning Seasons of Financial Year 2017-2018 were about to start and every one wants to know how much Demonetisation and run-up GST has impacted individual company’s performance actually.
3. Because, SEBI directives about P-NOTES has unexpectedly supported Bullish undertone.
4. Because, Reliance’s Bumper Earning and alluring AGM has made Investors more greedy.
5. Lastly, Monsoon, Political Order & Stability, Global market bullishness, also added the required push.

All of above events (market happenings) were unexpected.

And 9500 turn out to be a make levels at last. Whereas, our view was biased towards Short Selling because 9700 was confirmed Resistance and even during June Expiry also we had mostly given Short Sells only.

However, we adjusted ourselves to the new reality of the market as soon as Nifty breached 9700 and started giving only buys thereafter.

Notably Buy in BANKNIFTY at 23970 (Highest point at that time) for even higher levels of 24400, market ultimately exceeded that too…

At the same time, during the July month, even though we were on right side of Market but still there were few disappointments too in the form of Stop-losses, but even then none of paid clients are in net losses.

 

Disciplined way of Trading is the most important thing:

First – Trade all given positions (provided availability of margin)

Second – Strictly, follow the instructions to exit (case in point TVSMOTOR, UPL, AXISBANK)

Third –  Strictly, follow the instructions to enter (case in point BAJAJ-AUTO, TATACHEM, IOC)

Fourth – Stop-Loss is very important, keep Holding until it gets hit (IDEA, APOLLOHOSP, HEXAWARE)

Fifth – No compromise in two way communications in any case. We always welcome client query (especially) during Market hours.

Sixth – Please do wait patiently for our exit message especially while running in Profits. Secondly, Stop-Loss is decided and Informed in advance to limit losses.

Expectation for August Expiry: We could see 10400 levels provided NIFTY holds above 9700. Paid Clients are requested to follow day to day updates.

 

Happy Trading!

Team Rocket

 

July write-up completed on 26 July 2017 After market hours.

Read comments for date & time Stamp,

Here comes the Summary,

		Date	Price	Date	Price
SL	Particular	Entry		Exit		Amount
1	TVSMOTOR	3 July	553	7 July	553.50	-1000
2	UPL	4 July	852	11 July	865	-15600
3	SAIL	5 July	59.80	7 July	61.80	24000
4	DLF	7 July	203.50	10 July	206	12500
5	BALRAMCHIN	10 July	153.50	14 July	159	19250
6	IDEA	13 July	87.65	19 July	90.50	19950
7	VEDL	13 July	260	17 July	266	21000
8	APOLLOHOSP	14 July	1257	24 July	1282	12500
9	BHARATFORG	14 July	1135	19 July	1160	15000
10	FEDERALBNK	14 July	116.50	17 July	115	-16500
11	PNB	18 July	155.60	19 July	159.50	14000
12	HEXAWARE	18 July	247	26 July	250.50	10500
13	WOCKPHARMA	18 July	625	19 July	643	14400
14	COALINDIA	19 July	251	21 July	261	17000
15	KTKBANK	19 July	157	24 July	158.50	3000
16	IOC	19 July	375	20 July	377	0
17	TATACHEM	19 July	628	24 July	617	-17000
18	NCC	20 July	92	21 July	89.90	-16800
19	BHARATFIN	21 July	788	21 July	771.90	-16100
20	TATAMOTORS	21 July	466.50	27 July	453.50	-19500
21	AXISBANK	21 July	536	25 July	544	8000
22	SAIL	24 July	63	24 July	65	20000
23	BATAINDIA	24 July	593	27 July	575	-24200
24	CESC	25 July	901	27 July	910	11000

 

Remarks:

• PNB & BHARATFORG are open with some Clients.
• Some replacement Calls like (“BAJAJ_AUTO”, “AMARAJABAT”, “SRF”, “STAR”, “ICICIPRUIL”) were given to Individual Client.