Category: Live Calls

July Expiry 2017

Rocket Trades4 Comments

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.

June Expiry 2017

Rocket Trades2 Comments

Greetings !

June Expiry was simple as well as complex on grounds that,

  1. Complex because traded in a very tight range of 200pts only.
  2. Simple because Nifty is in clear up-trend with making fresh high back to back

Even then, we had given only 2 buy calls namely (SUNPHARMA & IDEA), rest all were SHORT SELL !

Still, successfully generated absolute Net profits for both Paid clients as well as in Trial.

Here is our June Performance,

June 2017 Performance

Working Style:

  • Minimum 3 trading positions at a time (3 different stocks with single lot)
  • All positions will be given live (during market hours) over whatsapp only
  • Entry, Exit (TGT & SL) will be updated by us as & when required
  • Nifty / BankNIFTY updates & trading levels are complimentary

Anyway strictly, Not doing Options, Intraday. Only Positional with proper SL (both closing & running basis)

Fresh trading positions will be given only after 3pm on working day.

For more details, please do call to 09900330558 (Nilesh Jain)

Trading levels for next week:

Nifty had closed just above short term support levels of 9560; upon breaking DOW theory’s lower high lower low pattern will be get confirmed.  Whereas BANKNIFTY just managed to close above 23500, which is an important support.

Lastly, now all Fresh positions will be given in July contract from Tuesday onward.