Share Market Tips 22nd Dec 2015

Share market Tips / Stock Market Tips

Chat Transcript as given to clients

[12/21/2015, 09:15] +91 90040 79145: Gm
[12/21/2015, 09:19] +91 90040 79145: Will update in some time
[12/21/2015, 10:11] +91 90040 79145: Nifty will be making a panic bottom towards 7500 in the next 7-9 trading days
[12/21/2015, 10:11] +91 90040 79145: Till that does not happen we see a side ways move
[12/21/2015, 10:48] +91 90040 79145: Nifty Jan 7800 Call Sell 1 Part @ CMP (keep space for 2 more parts)
[12/21/2015, 10:48] +91 90040 79145: Confirmation Nifty Jan 7800 Call Sold 1 Part
[12/21/2015, 10:48] +91 90040 79145: Selling Call Means doing mandi
[12/21/2015, 10:49] +91 90040 79145: we do not expect current pullback to last for long and see panic towards 7500 coming anytime
[12/21/2015, 10:49] +91 90040 79145: in the next 7-8 trading days as told
[12/21/2015, 10:50] +91 90040 79145: we will be buying at lower levels please do not take any other positions other than suggested ones
[12/21/2015, 10:53] +91 90040 79145: as discussed earlier Nifty if case 2 happens then in that case we could see 8100 or if some upside internal wave fails then 7950 could be the the top overall we see Nifty not advancing above 7950-8100 even if case 2 happens and then a fall towards 7500 (could be breached in intrday trade)
[12/21/2015, 10:55] +91 90040 79145: this could be the possible move CMP>>7675-7610>>7950-8100>>7550-7378>>8800-9000
[12/21/2015, 10:55] +91 90040 79145: its very complex hence please only trade as per msg given
[12/21/2015, 10:56] +91 90040 79145: please do not over trade as volumes will keep declining from today onwards till 4th Jan 2016
[12/21/2015, 13:21] +91 90040 79145: Nifty continue holding 7800 Call Shorts in 1 part. we do not see the pullback lasting for long. From here in the second half we could see decline again so please be patient and wait for msg to trade. Nothing much to be done. Extremely complex correction underway. IN a nut shell we expect Nifty not to exceed 7950-8100 area and on lower side touch 7500 in panic
[12/21/2015, 14:58] +91 90040 79145: Nifty Hold Jan  7800 Call Shorts 1 Part Till Next Update
[12/21/2015, 14:58] +91 90040 79145: keep space to add 2 more parts as told
[12/21/2015, 14:59] +91 90040 79145: and wait for fresh msg to add more positions
[12/21/2015, 14:59] +91 90040 79145: we reiterate do not see much upside from here
[12/21/2015, 15:05] +91 90040 79145: and one panic bottom formation is expected in the coming days towards 7500 upside either 7950-8100 should be the top area.  So in a nutshell we expect yo  yo between 7650-7950 and then a decline towards 7500
[12/21/2015, 15:06] +91 90040 79145: if bottom happens around 4th-7th Jan then it will be a further conformation of trending move about to start for 8800-9000 (we are very clear 8800-9000 will come but this is just one more visual confirmation along the way)
[12/21/2015, 15:09] +91 90040 79145: larger trade for the next 11 months will be buying around 7500 and then holding positional trades