Indian Markets Futures Trend Update - 31 December 2010

Nifty Futures
Swing : UP
SAR : 6030
Low risk entry : 6080
Target : 6180
     
Bank Nifty Futures
Swing  : UP
SAR :11480
Low risk entry : 11600
Target :11850

ICICI Bank  Futures
Swing : DOWN
SAR : 1152
Low risk entry : 1138
Target : 1108

Indian Markets Futures Trend Update - 30 December 2010

Nifty Futures
Swing : UP
SAR : 6026
Low risk entry : 6060
Target : 6150
     
Bank Nifty Futures
Swing  : UP
SAR :11460
Low risk entry : 11580
Target :11800

ICICI Bank  Futures
Swing : DOWN
SAR : 1152
Low risk entry : 1138
Target : 1108

Indian Markets Futures Trend Update - 29 December 2010

Nifty Futures
Swing : UP
SAR : 6000
Low risk entry : 6040
Target : 6120
     
Bank Nifty Futures
Swing  : UP
SAR :11460
Low risk entry : 11530
Target :11730

ICICI Bank  Futures
Swing : DOWN
SAR : 1152
Low risk entry : 1138
Target : 1108

Indian Markets Futures Trend Update - 28 December 2010

Nifty Futures
Swing : UP
SAR : 5966
Low risk entry : 6005
Target : 6090
     
Bank Nifty Futures
Swing  : UP
SAR :11412
Low risk entry : 11500
Target :11750

ICICI Bank  Futures
Swing : UP
SAR : 1115
Low risk entry : 1125
Target : 1160

Indian Markets Futures Trend Update - 27 December 2010

Nifty Futures
Swing : UP
SAR : 5966
Low risk entry : 6005
Target : 6090
     
Bank Nifty Futures
Swing  : UP
SAR :11412
Low risk entry : 11500
Target :11750

ICICI Bank  Futures
Swing : UP
SAR : 1106
Low risk entry : 1125
Target : 1160

Indian Markets Futures Trend Update - 24 December 2010

Nifty Futures
Swing : UP
SAR : 5945
Low risk entry : 5980
Target : 6080
       
Bank Nifty Futures
Swing  : UP
SAR :11300
Low risk entry : 11440
Target :11750

ICICI Bank  Futures
Swing : UP
SAR : 1100
Low risk entry : 1120
Target : 1160

Indian Markets Futures Trend Update - 23 December 2010

Nifty Futures
Swing : UP
SAR : 5920
Low risk entry : 5970
Target : 6080
     
Bank Nifty Futures
Swing  : UP
SAR :11260
Low risk entry : 11440
Target :11750

ICICI Bank  Futures
Swing : UP
SAR : 1095
Low risk entry : 1120
Target : 1160

Indian Markets Futures Trend Update - 22 December 2010

Nifty Futures
Swing : UP
SAR : 5900
Low risk entry : 5960
Target : 6060
     
Bank Nifty Futures
Swing  : UP
SAR :11260
Low risk entry : 11420
Target :11730

ICICI Bank  Futures
Swing : UP
SAR : 1090
Low risk entry : 1118
Target : 1159

Indian Markets Futures Trend Update - 21 December 2010

Nifty Futures
Swing : UP
SAR : 5870
Low risk entry : 5926
Target : 6020
        
Bank Nifty Futures
Swing  : DOWN
SAR :11550
Low risk entry : 11420
Target :11030

ICICI Bank  Futures
Swing : DOWN
SAR : 1120
Low risk entry : 1097
Target : 1056


Indian Markets Futures Trend Update - 20 December 2010

Nifty Futures
Swing : UP
SAR : 5863
Low risk entry : 5900
Target : 6020
     
Bank Nifty Futures
Swing  : DOWN
SAR :11625
Low risk entry : 11420
Target :11030

ICICI Bank  Futures
Swing : DOWN
SAR : 1130
Low risk entry : 1106
Target : 1056

Indian Markets Futures Trend Update - 16 December 2010

Nifty Futures
Swing : UP
SAR : 5830
Low risk entry : 5900
Target : 6020
     
Bank Nifty Futures
Swing  : DOWN
SAR :11650
Low risk entry : 11420
Target :11030

ICICI Bank  Futures
Swing : DOWN
SAR : 1135
Low risk entry : 1108
Target : 1054

Indian Markets Futures Trend Update - 15 December 2010

Nifty Futures
Swing : UP
SAR : 5810
Low risk entry : 5900
Target : 6020
       
Bank Nifty Futures
Swing  : UP
SAR :11293
Low risk entry : 11470
Target :11800

ICICI Bank  Futures
Swing :UP
SAR : 1088
Low risk entry : 1110
Target : 1145

Indian Markets Futures Trend Update - 14 December 2010

Nifty Futures
Swing : UP
SAR : 5760
Low risk entry : 5860
Target : 5980
     
Bank Nifty Futures
Swing  : DOWN
SAR :11600
Low risk entry : 11450
Target :11050

ICICI Bank  Futures
Swing :DOWN
SAR : 1130
Low risk entry : 1110
Target : 1060

Buy Only / Sell Only Watch List

Hi,
I have created a watch list of stocks falling under two categories i.e "Buy Only" and "Sell Only".
The purpose of this watch list is to help us allocate money as per the underlying trending of the markets.
For example, if the market (Nifty) is bullish,we will try to find a buying opportunity from the "Buy Only" watch list and vice versa


How this watch list is created?
I have started to follow both fundamentals as well as technical factors affecting a stock's performance.
Stocks falling under "Sell Only" watch list have both bad fundamentals as well as poor technical setup currently.
I will try to update this list every quarter after the result season is over.


How to use this watch list with this blog?
As I track the markets on a regular basis and update short term trends via the "Market Calls Table".
I would request you to trade the "Buy Only" Stocks when trend is "UP" and trade the "Short Only" Stocks when Nifty's trend is "DOWN" as per the Market calls table
The Nifty's trend should only be used to establish a bias to trade either a buy only or short only stock.
Once a stock is selected you should just follow the stock's own technical levels to trade and not get bothered by Nifty's movement
Avoid selling "Buy Only" Stocks and dont try to bottom fish the "Sell Only" Stocks.
Of course the "Sell only" stocks can sometimes give better returns on a reversal than "Buy only" stocks but that will be like trading against a larger downtrend and bad underlying fundamentals.Opposite is true for "Buy only" Stocks as well.
As always plan your trades in advance and always keep stop losses.
I have selected stocks which are traded in F&O market and hence ignored the rest of cash market stocks.
You can check both the lists of stocks below.
*****************************************
Buy Only

ACC - Cement
Bajaj Auto - Automobiles
Bharti Airtel - Telecommunications
Hindustan Zinc - Metals
Indraprastha Gas - Oil & Gas
ITC - FMCG
Larsen & Toubro - Engineering
Mahindra & Mahindra - Automobiles
ONGC - Oil & Gas
Sun Pharmaceuticals - Pharmaceuticals
Tata Consultancy Services - Information Technology

*****************************************
Sell Only

3i Infotech - Information Technology
Development Credit Bank - Banks
GTL Infrastructure - Telecommunications
Housing Development & Infrastructure - Real Estate
Ispat Industries - Steel
Kingfisher Airlines - Airlines
Mercator Lines - Shipping
Punj Lloyd - Engineering
Reliance Communication - Telecommunications
Suzlon Energy - Power
TTML - Telecommunications

*****************************************
List Updated on 12 December 2010, Next update around mid February.

Related Post
How to Use The Market Calls Table

Indian Markets Futures Trend Update - 13 December 2010

Nifty Futures
Swing : DOWN
SAR : 5940
Low risk entry : 5873
Target : 5740
     
Bank Nifty Futures
Swing  : DOWN
SAR :11615
Low risk entry : 11450
Target :11050

ICICI Bank  Futures
Swing :DOWN
SAR : 1130
Low risk entry : 1110
Target : 1060