INTELLECTUAL TRADING

RELIANCE JUNE FUT : CMP 923 SELL BELOW 916.30 TARGET 913.5  / 910.8 STOP LOSS 923.80 OR BUY ABOVE 923.80 TARGET  925.8 / 928.5 STOP LOSS 916.30 Click URL to view updated details -  https://goo.gl/ABg5XP DISCLAIMER :   view

BENJAMIN GRAHAM    - Warren Buffett’s mentor. Benjamin Graham, also called the father of value investing, advocated buying stocks below their  intrinsic value. Modified Graham filters for Indian markets 1. Earnings yield more than 10.5% 2. Debt to equity 0 to 1 3. Current ratio greater than 2 4. Total debt less than 2 times net  current asset value (NCAV) 5. 5-year earnings growth rate of at  least 10% CAGR 6. Current and average 5Y ROE of more  than 12% --------------------------------------------------------------------------------------- Joel Greenblatt -  The market magician Joel Green is known for his Magic Formula, with which he picks highquality companies available cheap Modified Greenblatt filters for  Indian markets 1. ROCE consistently more than 20% over the past 5 years 2. Rank the companies on the basis of earnings yield and then on the basis of the latest ROCE. 3. Take 30 stocks based on the combined rank. ------------------------------------

HINDUNILVR MAY FUT : CMP 1584.65 SELL BELOW 1578.10 TARGET 1573  / 1568 STOP LOSS 1588.85 OR BUY ABOVE 1588.85 TARGET  1594.5/ 1600 STOP LOSS 1578.10 Click URL to view updated details -  https://goo.gl/ABg5XP DISCLAIMER :   view

WIPRO MAY FUT : CMP 265.95 SELL BELOW 264.5 TARGET 263.30/ 262.20/261.30 STOP LOSS 266.70 OR BUY ABOVE 266.70 TARGET  267.70/ 268.80 STOP LOSS 264.5 Click URL to view updated details -  https://goo.gl/ABg5XP DISCLAIMER :   view

NESTLEIND MAY FUT : CMP 9700 SELL BELOW 9626.05 TARGET 9575 / 9524 / 9464 STOP LOSS 9736.95 OR BUY ABOVE 9736.95 TARGET  9797 / 9857 / 9907 STOP LOSS 9626.05 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

TECHM MAY FUT : CMP 676.68 SELL BELOW 672.30 TARGET 670 / 667.5 / 662.38 STOP LOSS 681.45 OR BUY ABOVE 681.45 TARGET 685.83 / 690.22 / 694.9 STOP LOSS 672.30 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

BEL MAY FUT : CMP 133.30 SELL BELOW 132.00 TARGET 131.3 / 130.6 / 129.60 STOP LOSS 133.70 OR BUY ABOVE 133.70 TARGET 134.5 / 135.7 / 136.4 STOP LOSS 132 COALINDIA MAY FUT : CMP 269.15 SELL BELOW 268.45 TARGET 267.4 / 266.8 / 265.5 STOP LOSS 271.30 OR BUY ABOVE 271.3 TARGET 272.4 / 273.7 / 275.3 STOP LOSS 268.45 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

HEROMOTOCO MAY FUT : CMP 3672.9 SELL BELOW 3658.6 TARGET 3642.05 / 3625.5 / 3610.35 STOP LOSS 3690.3 OR BUY ABOVE 3690.3 TARGET 3705.4 / 3720.6 / 3737.15 STOP LOSS 3658.6 MCX MAY FUT : CMP 755.10 SELL BELOW 750.1 TARGET 747 / 742.3 / 734.5 STOP LOSS 764.25 OR BUY ABOVE 764.25 TARGET 770 / 777 / 784.5 STOP LOSS 750.1 MCDOWELL-N MAY FUT : CMP 3499.6 SELL BELOW 3480 TARGET 3458 / 3433 / 3412 STOP LOSS 3524.5 OR BUY ABOVE 3524.5 TARGET 3545 / 3567 / 3590 STOP LOSS 3480 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

The Nifty 50 Index ended the week on a negative note. It opened the session gap up on Monday and continued the momentum until the next session's open, where it found heavy selling pressure and slipped lower sharply.  The bears continued to dominate for the rest of the week. The index posted three red candles to finally end the weekly session 0.73% down. The gap area placed at the 10,750 level will act as an immediate resistance level for the index. This is what happened.  Although it traded above the gap area, it couldn't sustain it even for an hour. It immediately slipped lower and traded with a negative bias. Now the index is approaching the 10,400 - 10,500 zone. This zone which acted as a resistance on the way up will now act as a support for the index. Nifty Options Analysis : Support : 10500   Resistance : 11000 MAX OI Contracts : 11000 CE - 57.92  Lakhs OI Contracts &  10500 PE -48.08 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 13.25

INFRATEL MAY FUT : CMP 316.2 SELL BELOW 312.75 TARGET 309.8 / 306.8 / 303.95 STOP LOSS 318.6 OR BUY ABOVE 318.6 TARGET 321.5 / 324.4 / 327.2 STOP LOSS 312.75 TCS MAY FUT : CMP 3513.1 SELL BELOW 3484 TARGET 3450 / 3416 / 3385 STOP LOSS 3549 OR BUY ABOVE 3549 TARGET 3579 / 3610 / 3644 STOP LOSS 3484 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view