Tata Steel up 22% from the recommended level as of yet:-)

Tata Steel hits low of 195.30 on 7th August from there it went on to hit 239 as of today delivering return of close to 22% from the recommended level.

We recommended buy close to 194 in systematic investment strategy. Here one has the option to bring down there cost price. 

Check out the link@http://moneymystery.blogspot.in/2013/07/shower-of-calls.html

http://moneymystery.blogspot.in/2013/08/systematic-investment-strategy.html

Wockhardt@ From Lower to Upper Circuit as presumed:-)

On 8th Aug it opened lower circuit at 344.45 from there it went on to hit the upper circuit at 380.65.
Currently at 399.65 at upper circuit.

On 6th August it was said that@
Technically I strongly feel that there's limited downside now and stock could anytime reverse back.
It got super excellent support in the region of 380 to 330 so this's the range from where it could reverse back any time. I recommend a buy in the given range. Do not wait the freeze to open to get in rather start buying in very little little qty in every sharp decline now as whenever it opens it might end at upper circuit only.

Link@http://moneymystery.blogspot.in/2013/08/wockhardtwill-it-stop-bounce.html

HSIL delivered return of 7% in trading call

We gave a trading call on HSIL on 1st Aug exclusively to our clients@

Buy HSIL at 73.5/73 for a target of upto 78/79 keeping stop loss below 72.5 on closing basis or as u wish.

In intraday on 2nd Aug it even went on to hit 70.10 however closed above 73.
Hits 78.55 as of now generating return of 7% 
Target achieved.

HIndalco...where its heading???

It got strong support in the region of 83 and we can expect it to take support and bounce a bit and could give little trading opportunity.
Only below 83 or closing below it could take it down upto 72.
We gave both side view so trade accordingly.
CMP Rs 83+

NIFTY PE at 16.51@ Start accumulating slowly n steadily@ Rome was not built in a day:-)

No one listens when the market are higher. Whenever I feel the markets are higher I keep on advising my clients to sell and keep the cash in hand however no one listens.....even also if they sell some they want to invest the same within that time only which I don't favour at all. Its easy to get in however very difficult to get out and even much much difficult to keep portfolio at zero. Everyday is not a trading day and I look for good opportunities to get in for my clients. I love distress like situation to get in and when things looks rosy & happy I love to get out or remain out of it.

Now at current levels am bit positive about the market and look forward to advice to my clients and have already advised some. This's not a trading market rather its a time to accumulate slowly slowly in a systematic way and am hopeful that it will pay off going ahead.

Something looking very exciting and gives a reason to cheer is the current PE of Nifty which has comedown to 16.51 as of today and whenever it has come around these level it has given good return over a period of time if someone made a entry there. So 16.5/14 is the bracket where 1st phase of shopping can be done. The next bracket is below 14 where Nifty PE hits low close to 10.68 in Oct 2008 from where it went on to hit close to 26 in Oct 2010. 

Basically Nifty is considered to be in oversold range when Nifty PE value is below 14 and it's considered to be in overbought range when Nifty PE is near or above 22/23+

Nifty closing at 5542.

Nifty

Strong support for Nifty below 5650 stands at 5608/5600 & 5568 for the time being.

Wockhardt....Will it Stop & Bounce???

Difficult to say and risky. Only technically I could comment some.
Wockhardt currently at 381 and down freeze. Technically I strongly feel that there's limited downside now and stock could anytime reverse back.
It got super excellent support in the region of 380 to 330 so this's the range from where it could reverse back any time. I recommend a buy in the given range. Do not wait the freeze to open to get in rather start buying in very little little qty in every sharp decline now as whenever it opens it might end at upper circuit only. 

It may or may not happen. It could be risky. Better to stay away if appetite not strong.
Its an personal assumption.

Bank Nifty Spot@ 10400+ key level

Bank Nifty is overall weak and as long it doesn't close above 10400 on a continuous basis I don't see any strength in it. Going higher it will face tough resistance around 10400 and could correct again.

In 1st place on any sharp decline it could see downside level of upto 9468 to 9267 and can look for a bounce again.

In 2nd place on any closing below 8970 it could drift down further lower upto 8488-8171-7970 where it could take support and give a big big bounce.

These levels are not meant to give you fear or worry...no need to worry....its for your knowledge only so that you remain aware what could happen when any key level gets broken.

In our earlier discussion we talked of 10400 level as a strong support level however when it closed below it we could see how it came down in a hurry.

Bank Nifty spot at 10095 as of today.

SBI@ What Next?

Technically see some more casualties in SBI. Could hit and take support around 1620 and below 1620 at 1550 where its likely to take support & bounce. 

CMP Rs 1658 when this msg posted.

UCO Bank Technicals@ What Next???

UCO Bank currently at 55.75 when this message posted.

It got excellent support close to 55-53.90 & 50.6 where its likely to take support & bounce.
In the event of breaching below Rs 50 it has all possible chance of hitting level of upto 45.6/45 where it could take support & bounce.
We have given both side view so trade accordingly.

Systematic Investment Strategy

This time what ever we recommended is based on a systematic investment where we asked our clients to buy 20-30% of the desired qty at different rates.
One is free to book profit at any level or can hold it for longer period and look to get in more at suggested levels to average the same.
We recommended@

Yes Bank....25% of the desired qty close to 300/291...hits over 330

Our last recommended level for Tata Steel was 211 given to our clients. Below 211 we have asked to average the same around 194 & 177 & 166 & 150 levels step by step in little qty. These are support level one by one.

Recommended L&T in the region of 830 & 792 & 757.

Recommended 25% of the desired qty in ICICI Bank in the region of 895/875

Recommended 25% of the desired qty in Axis Bank in the region of 1025....it went to hit over 1100++

Recommended 25% of the desired qty in Bank of Baroda in the region of 538 & 498
2nd leg of  25% is recommended in the region of 440 & 386

Recommended 25-30% of the desired qty in Century Textiles in the region of 203 & 192 & 178

Recommended 25-30% of the desired qty in Raymond in the region of 180 & 160/151...its a avoid below 150/149 closing and vice-versa.

Recommended Chambal at 35 & 32/29.5

The levels given are important support levels on closing basis so one is free to keep stop loss while in a trading mood.

Buy Inox Leisure

We remain bullish on Inox Leisure and recommend a buy at current levels of 53-51 and on any further sharp decline at around 47-45 for investment purpose. To me its very much undervalued and it deserves the much needed premium valuations which cannot be valued in terms of books of account. Its into a premium business and deserves a premium valuation.
Inox its into multiplex business & currently operates 73 multiplexes and 287 screens in 39 cities making it a truly pan-Indian multiplex chain. Inox Leisure Ltd. will continue its expansion into places like Madurai, Noida, Jalgaon, Mangalore, Manipal, Thrissur amongst others. I also foresee M&A activity happening in this sector. 
In all economic condition Entertainment is a must for everyone one.
I see excellent gain over a period of time and its a personal observation.

Note: I personally hold this stock.

Nasdaq Still Very Strong

Technically Nasdaq is still looking very strong where slowly & steadily it could see level of upto 3966 to 4500...currently at 3675

Nasdaq hits 3600+....up around 25%....Target Achieved.

Nasdaq hits 3600 in July 2013....target achieved...saw upside of around 25% since predicted.

This's what we predicted for Nasdaq way back in 2012....a higher target of 3500-3600 when it was trading around 2900

Check this out: http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?showComment=1368012676646#c7208010146208090729

Regards,

Manish Bothra

Indian Equities on Sale!!!!!

Everything cannot get bad in equities. However in recent scenario everything seems to be garbage which is not the case. It would be bad to blame the market all the time, market gives us opportunity however we fail to take that. Valuations have become relatively cheaper and it gives me a feel that India is on sale. You are getting the best of Indian companies at a relatively lower valuations which I believe will attract foreign & domestic investors a lot, sale is going on!!!  One should start systematic investment in various stocks. Things will change and its going to get better.
Current tumble looks more of like a political driven one as they have been unable to manage various growth related issue. Everything seems to be out of control as the major indexes showcase India's growth picture and its status..
Though few stocks holding the index higher however bunch of good stocks have been battered. I see opportunity in these market condition and I see good time to knock back.

Regards,

Manish Bothra

We gave the following view on Nifty@

Yesterday around 12.12pm we gave the following view on Nifty exclusively to our clients via sms@
Nifty strong support at 5670/5650. Should bounce....lets see:-)


Yesterday it took support there. Today also it took support near the mentioned level & bounced.
Am right now positive on markets again and see more upside.
Its an personal assumption.

Shower of Calls:-)

Money Mystery was quite through out the month in July with very little activity. Gave only a couple of calls as I was not feeling comfortable however with today's fall I felt some comfort and gave away 8-9 stock calls with systematic investment trade view. Calls were given on Yes Bank, ICICI Bank, Axis Bank, Bank of Baroda, Tata Steel, Century Textiles, Raymond Ltd, Chambal(2nd purchase level came today) & L&T at various levels. Part of the desired qty was advised to buy at those levels with some view.

My Way Of Reading Charts@

This's how I look at Charts@ In a simple & Natural Way.

Be a Part of it.

Yes Bank@ Investment Call

Buy just 25% of your desired qty in Yes Bank in the region of 300/291 as a systematic investment call.

Bank Nifty Support (Spot)

For Bank Nifty 10400 was an important support which it broke. Currently below 10000 Support for bank nifty at 9917 & 9720 & 9468 & 9310 step by step.

Bank Nifty Spot

On 24th july this's what we posted about Bank Nifty at my FB page@

Money Mystery @ Bank Nifty has super excellent support close to 10450/10400 and I personally don't see breaching this level right now whereas I see excellent bounce back to take place somewhere near to this.

Titan Delivered Return of 36-37%

On 12th june 2013 we recommended Titan in the region of 204-196 for investment purpose when it was trading around 204 and where it made low of around 201/200.

http://moneymystery.blogspot.in/2013/06/titan-ind-some-good-technical-support.html

Titan hits 275. Delivered return of 36-37%  
Feel free to book profit. 


Subscribe Money Mystery

United Spirits@ Return Generated 475% From The Recommended Level

United Spirits was recommended at around 490 levels in March 2012.....Since then it has generated return to the tune of 475%.

Recommended Price Rs 490
Peak From Recommendation Rs 2810
% Gain 475

We recommended when very rarely someone was talking about it.

Infosys@ Back 2 Back Return close to 32%

Our given support level on Infosys worked 2nd time in a row over the past one year giving away return of around 32% on both occasion. This time it made low of 2186 on April 29th 2013 from where it bounced back to 2905 as of today. 

One is always free to book profit at any level.


***Single Idea@ Multiple Trade***

Shanghai Market saw big upside of 12-13%

On 25th June Shanghai market made low of 1849.65 where we gave strong support level in the region of 1820 and it was trading at 1859 when the message was posted.

Shanghai hits 2092 today, saw an upside of close to 240 points which is almost 12-13% of upside.

Level matters with Money Mystery.

This is what we posted on 25th june@

http://moneymystery.blogspot.in/2013/06/shanghaiwhats-up.html

Money Mystery Delivered Again@ Have a Look

When Nifty was trading below 5600 we recommended around 2 dozen stock to our clients when many of the market participants were in panic & fear mode. 

Normally over a period of 3 month I give around 20+- stock ideas. This's the 2nd time this year we have done like this where we sent a list of selected stocks to our clients so that they can choose amongst those with support levels & views on few.

This time in just a week time many of the recommended stock have given excellent return.

Here's the Result Sheet as of yet@

1. Reliance Industries  13%
2. Axis Bank               11%
3. Tata Steel                6.5%
4. ICICI Bank             3%
5. Coal India               5.5%
6. Gail                        15.5%
7. Bank of Baroda      8%
8. Yes Bank               7%
9. Bharti                     8%
10. SBI                        4%
11. Reliance Infra       15%
12. DLF                      17%
13. Tata Motors          4%
14. NTPC                   7%
15. TCS                      10%
16. Talwalkars           15%
17. Century Tex          6%
18. Raymond             8.5%
19. Chambal Fert       18%

You just need not to trade everyday to make money....you just need to wait for the right advice at the right time.

We also said the following on 24th-25th june....have a look@ 
http://moneymystery.blogspot.in/2013/06/we-see-opportunities-in-distress.html

http://moneymystery.blogspot.in/2013/06/look-for-opportunities.html

Chambal Fertiliser@ Return Generated@ 18%

On 27th June we recommended Chambal Fertiliser here at this blog and since then it has generated return of 18%.

Right Advice at the Right Time is Money Mystery.

To subscribe mail me at manish@moneymystery.in

Eros International Media@ Time to perform or say Do or Die!!!

Technically Eros can be bought in the region of 130/128.5 and can play for a upside target of upto:
 Tgt 1-138/139, Tgt 2- 144 & Tgt3- 152

Last strong support stands around 128.40/128 on CLOSING BASIS. Avoid below 128 & Vice versa.

Cmp: Rs 129.8

Chambal Fertilisers@ Its a Buy

Technically Chambal Fertilisers has strong support in the region of 32/30. It can be bought for investment purpose in the region of 33/29. I expect it to deliver excellent return over a period of some time. Buy in the given range. And never ever buy your desired qty at one shot.
CMP Rs 33

A Thought which we shared@A kind of ALERT@

Exclusively to our clients we gave this following view on 6th June 2013 at 8.20 am@

Money_Mystery: Market was going well however with Rupee loosing its shine against the USD is very disturbing. Its an disturbing element. Giving nightmares. As per my assumptions 56.80 will act as resistance for usd/inr spot and only a closing above it will take it to new territory. Electricity is costlier, Crude is costlier and in all these how could a country progress??? Difficult and adding glamour to it is high level corruption. mismatch situation. Excess if everything is bad...things need to be normalise. Let the market stabilise.
This is just a thought of mine which I liked to share with all you.

What Happened Since@
On 6th june itself INR spot closed above 56.8 and since then there's no looking back.....hits 60.72 Vs USD as of today.

Nifty From a intraday high of 5956 on 6th june has corrected to 5580 as of today.

Why INR could hit 63/64 max??? Here's the LOGIC

Logic 1@

In the month of Aug 2011 Gold hits over $1900/oz where INR spot was at Rs 46 Vs USD
As of now Gold corrected close to $700/oz where Rupee depreciated by 14 bucks taking it to 60 which indicates every 2 rupee weakness on every $100/oz correction.
I expect Gold to correct upto $1020/980/oz before it makes a comeback and if the trend continues as expected then another $200/oz could depreciate rupee by another 4 bucks taking it higher upto Rs 63/64 Vs USD.


Logic 2@ 

Many traders have been going short on INR since Rs 55 and has been just shorting since then.....they having nightmares. There short covering will leads to further depreciation of INR against USD.

The new smart guys who have never been into currency trading have been thinking of entering into currency trade by shorting when spot comes to around 61+-.....I believe they are also going to get trapped where there short covering will take it higher upto 63/64 max.



Note: Its an personal assumption/observation. My logic can go wrong.

How could we help you?

We can help you in many ways.

How?

Suppose you want to invest in a particular stock however don't know when to get in. In this case we assist you with the level where the entry can be made. We will make you invest in a systematic way so that you are not trapped at a single rate. We will guide you.

In between we also keep on advice stocks on technical basis.
We don't believe much in intra day and most of our call are delivery ones.

Remember every trades involves a risk however we make sure that the risk should be bare minimum where profit ratio should be the maximum....am talking about the Best Risk Reward Ratio.

Stop Loss should be strictly maintained. Selling in loss is also an art. By being discipline you are bound to make money. 

Remember Everyday is not a trading day.

Gold...Where its heading??? $1020/$980/oz???

In my assumption Gold is going to see downside level of upto $1020/$980/oz before it turnaround, currently around $1280/oz. This's my view as of now.

If there's any change in view would try to notify the same as the above is a technical view.

Its my personal assumption.

Kind Regards,

Manish Bothra

We see Opportunities in Distress@

The ongoing correction may be the last chance for Bargain Hunters for the time being.

Its an personal assumption.

Shanghai.....Whats Up??

Shanghai currently at 1859 when this message is posted.

Little more downside left before a big bounce.
Strong support in the region of 1820 and below 1820 the next big support lies in the region of 1728/1689 from where I expect Shanghai to bounce back in style.


to subscribe mail at manish@moneymystery.in

Look for opportunities:-)

Markets are down....Traders are afraid however Money Mystery looking at big opportunities even in this down market.

Be a part of it & explore the possibilities.

Its different.

To subscribe mail me at manish@moneymystery.in

Linkedin took support & bounced...!!!

In one of my note dated 6th May 2013 here on Linkedin the last & final support was given around $156/155 where on 5th June it made low of $160.2 from where it bounced back to $183 on 19th june.

This's how Money Mystery works. 
Single idea@Complete View

Tata Steel@ We gave some downside level in Feb 2013...check out what happened:-) Bang on Target & bounced:-)

In our last note on Tata Steel given way back in Feb & March 2013 it was clearly said that below 334/330 we are looking for downside target of upto 282-265+ where it can be bought or can be traded accordingly. 
Finally below 334/330 we saw Tata Steel hitting 265 (declined 20% since then) on 13th june 2013 and dot exactly from there it bounced back to 293.6 (when this message is posted) as of 19th june 2013 giving away return of close to 11% in just 5 trading session.

Money Mystery don't believe in daily commentary until n unless we feel the necessity.
Single Idea@ Multiple Trade

Buy Call on Titan generated return of 12%@ Profit booking is recommended.

On 12th June Titan Ind was recommended in the region of 204/196 where it made low 201 from there it bounced back to 225 generating return of 12%.....I hereby recommend a profit booking for the time being as it faces tough resistance going ahead around 228/232 from where it is expected to correct again. 
CMP Rs 225

Titan Ind@ Some good technical support ahead.....!!!

Some Titan Ind can be bought for Investment purpose in the region of 204/196. 

CMP Rs 204 when message posted. 

Kind Regards, 

Manish Bothra

Jindal Steel & Power@ We Alerted!!!!

This's how we alerted yesterday on Jindal Steel & Power and see what happened today below the mentioned level of 267...the stock went down to 22%...where we gave downside target of upto 204 & 180...hits 202.75 on the lower side today.

Get the power of Money Mystery

Jindal Steel & Power@ Will it get the power again???

Last strong support for Jindal Steel & Power is at 267 on closing basis. Any close below 267 should be avoided as on the lower side it could drift down upto 204 & 180. Strong only above 267/268.
We have given both side view so trade accordingly.

Regards,

Manish Bothra

SRF Limited@ Time to make some entry

Since Nov 2010 onwards it has started falling and is still doing the same. The time has come to take some chances now. It has got very strong support in the region of 152/151 & 142/138 which I feel will hold. So buy is recommended in the given range. Risk is very much limited now and the expected returns are quite high going forward. Avoid only below 138 closing and vice versa.

Kind Regards,

Manish Bothra

In between we also recommended..........Look at the return generated@

In between we also recommended the following exclusive to our clients with sms:

***SMS: On 28th March@ Buy some qty of Reliance Ind in the region of 773/751 for delivery. Its an investment time.

--------- Since then it made low of 765/764 from where it went onto hit 855 on May 20th on the higher side.

Return: Around 12%



***SMS: On 28th March@  Financial Tech strong support at 685/682. Can be bought on decline near support level for a upside target of upto 756 & 816. Stop loss blw 680.


--------Since then made low of around 690 from there it went on to hit 816 on 25th April.

Return: Around 18%




***SMS:  1st April@ Buy HSIL in the region of 92-87 for a target of upto 100 & 107/108 & 116 keeping stop loss below 85. Cmp 92.2

-------Since then made low of around 91 and went on to hit 113.85 on 15th May.

Return: 25%



***SMS: 15th April@ Those who love Infosys could accumulate in the region of 2220-2145


-----Since then it made low of 2186 on 29th April and went on to hit 2433 on 22nd May

Return: 11%




***SMS: 15th April@ For delivery buy Inox in the region of 66.8-64. Buy just 50% of the desired qty.


-----Since then it made low of Rs 64.8 on 17th April & went on to hit 77.7 on 21st May

Return: Around 20%



***SMS: 23rd April@ Buy JK Tyre on decline in the region of 110 & 107 for a target of upto 116 & 120 keeping stop loss below 106. Cmp 110

----Same day only it went on to hit 119.8

Return: 9%



***SMS: 26th April@ For delivery buy little qty of  TCS in the region of 1378/1370

-----Since then it made low of 1365 on 26th April & went on to hit 1510 on 10th May

Return: Around 10%




***SMS: 2nd May@ Technical view on Rcom@ Cmp Rs 105.
Technically it has become strong above 101.55 & 104 where on the upside it could see level of upto 111/112 and abv 112 if sustains could see level of upto 126/130 max. Avoid below 100. Trade accordingly.


Hits 111.85 on 3rd May

Return: 6%


***SMS: 3rd May@ Buy JK Tyre in the region of 109 & 107 for a target of upto 116 & 120 keeping stop loss below 106. Cmp 109


Hits 120 on 8th May

Return: 10%


***SMS: 3rd May@ For delivery buy Everest Industries on decline in the region of 189/186 for a target of upto 205 & 211. Keep stop loss around 185

Hits 204 on May 8th

Return: Around 9%

Nasdaq hits target given last year

Nasdaq hits 3532 on 22nd May 2013

This's what we predicted for Nasdaq way back in 2012....a higher target of 3500-3600 when it was trading around 2900

Check this out: http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?showComment=1368012676646#c7208010146208090729

Regards,

Manish Bothra,

INDIA

What for INR Vs USD???

This's what we posted on 21st May on INR/USD:
http://t.co/ZL6W5uNPXs

INR so far hits 55.87 Vs USD

Crompton Greaves@ Something was said on 5th Nov 2012

We are here to make you understand about what can happen to your stock when some important levels are breached on either way. We keep you pre notified so that u can take informed decision.
Let the stock remain in your grip...We make it possible for you and that what make us different from all others.

This's what we posted for Crompton Greaves on 5th Nov 2012@

Technicals@ Crompton Greaves@ The stock got excellent support in the region of 108/106 where it could take support & bounce upto R1- 116, R2- 119/120. Further it gets strong only above 121 where it could see level of upto 130/132.

Only below 106 or closing below 106 it becomes very weak where on the downside it could see level of upto 96 & 86.

We have given both side levels so trade accordingly.

Closing Price on 5th Nov 2012@ Rs 112.6

What happended then@ 

1. On 10th Nov 2012 Crompton made low of 108.65
2. On 5th Dec 2012 Crompton hits 121....Return generated 11%
3. On 5th Feb 2013 it closed below 106 for the first time
4. On 10th April 2013 it made low of 87.20
5. Today Crompton hits 107

We gave just One single view which covered the entire movement for Crompton Greaves.

Linkedin@ Delivered return of 8%

Well this's how we excel in our work of findings@

For Linkedin we gave 1st excellent support around $173/$172 on May 6th.

On May 10th & 13th it made intraday low of $170.87 & $171.01 however closed at $173.78 & $175.03 above our given strong support level.

From there it went on to hit $185 on 14th May giving away return of 8%

Now what? It faces resistance at $185.39/$188.
A closing above $189/$190 could take it higher upto $194.82/$201 max.

Breakout above $202/$203 continuous closing.

Nifty Roarrring...What Next??

Earlier we gave resistance for Nifty around 6134/6143 which got hit today.
Now Nifty gets strength only above 6143/6150 closing where on the upside it could see level of upto 6300/6312 and vice versa.

Don't think much...just subscribe to Money Mystery:-)

Nasdaq on Fire@ Hits 3400+

Nasdaq hits 3400+

This's what we predicted for Nasdaq way back in 2012....a higher target of 3500-3600

Check this out: http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?showComment=1368012676646#c7208010146208090729
Regards,

Manish Bothra,

INDIA