HOW IS IT ??

5368 TO 5411 .... ONE SIDE RALLY .( I POSTED About this rally @ 12:50 pm)

HOPE YOU GUYS ENJOYED THIS RALLY ...... :)


NOW .... SHORT @ 5420 LEVEL (EVRY RISE SHORT)...SL 5555.. TARGET 5350 - 5240 -5120 -4990 .

INTRADAY STRATEGY

INTRADAY BUY NIFTY ABOVE 5365 SL 5344 .....SL 20 POINTS .... TARGET 5400 -5420

BELLOW 5344 .... 5300 - 5240 .(So MAINTAIN STRICT SL 5344 FOR LONGS)

POSITIONAL TRADERS SHORT EVRY RISE...... SELL AGAIN @ 5420 AREA

MIDDAY WATCH

HOPE YOU GUYS ENJOYED THE STRATEGY .... NIFTY NOW @ OUR LEVEL 5365-5350 AREA......WATCH CAREFULLY ... BREAK THESE LEVELS WITH VOLUMES GO SHORT MORE HERE.... TARGET 5240 ..

EVERY RISE SHORT .....SHORT ...... 5400 CE OI moving HIGH .. NOW RESIS 5400 MOVING VERY STRONG....SO SL 5410 IS A GOOD IDEA..

MY ALL SHORT CALLS ROCKING ONESIDE..... HOPE YOU ENJOYING THIS FALL.

JUST FALLOW THE BLOG REGULERLY ... YOU WILL GET ALERTS BEFORE MARKET MOVE.

WATCH NOW

NOW NIFTY SUPPORT ZONE : 5365 - 5350 , IF BREAKS NIFTY TARGET 5240 -5120.

WATCH THOSE LEVELS CAREFULLY ......


STILL SAME STRATEGY SELL SELL SELL ...

THIS STRATEGY ME WRITING FROM 5545 LEVELS...NOW NIFTY 5370 ...ALMOST 180 POINTS PROFIT....NOW...,IF 5365 BREAKS WITH VOLUMES WE MAY SEE BIG DOWNSIDE IN COMMING DAYS.

DON'T BUY ANY NIFTY ,SENSEX STOCKS .........ALL ARE LOOKING WEAK ....

NEXT 1 HOUR OUR GDP WILL B OUT .....SO TRADE WITH SL .....INTRADAY PLAYERS SL ABOVE 5410.

POSITIONAL TRADERS SL 5555 is SL.

If The US Is Japan, Stocks Are Poised For Another Sharp Leg Down

You can only take these "The US is Japan" comparisons so far, but supposing we're willing to play this game, it really is remarkable how steadily the US market has tracked the Nikkei (when you match the peaks of the bubble).

Doug Short has updated his "Real" Mega Bears chart. Note that if we're on the Japan path, we're due for another big slide any moment now.

31st AUGUST NIFTY VIEW

On the back of positive close in the World markets, Nifty Future opened firm but could not sustain at higher levels. In the early trades, it made a high of 5465 and in the 2nd half of the day it broke the previous day's low to make a lower low at 5391. In a surprises move it showed sharp recovery in the last 30 min and closed higher at 5426....It is pertinent to note the current fall is without any negative news for the market and hence optimism creeps in at lower levels. Secondly, on the weekly chart 5398 is the immediately preceding weekly top - break of which will indicate a major bearish signal.

For tomorrow, I would continue to suggest - avoid long positions. On higher side, Nifty Future will find resistance at 5465 and 5485 and this area may provide good opportunity to go short with strict stop loss of 5500.

All the best

ALERT

WATCH SUGAR STOCKS....... ONE SIDE FALL 8%

BAJAJHIND 122 TO 114.5 NOW


NIFTY ALSO GONE......


NOW ALSO SAME STRATEGY .... SELL SELL ... EVERY RISE SELL SELL .

ALERT .

WATCH FRIDAYS SHORT CALLS :

SUZLON DOWN DOWN ......MY TARGETS 42-37-32

SUGAR STOCKS DOWN ALMOST 6-8%

TATASTEEL SOME INSIDE NEWS(PLANT SALE NEWS) THATS WHY MOVING UP.....BUT I DON'T THINK THIS RALLY SUSTAIN......BIG SLIDE ON CARD....ANY RISE SELL SELL SELL.

DON'T BUY ANYTHING .... HIGHER LEVELS SELL SELL ALL YOUR DELIVERY HOLDINGS..... SL 5555 .....ONCE BREAKS 5365 WITH VOLUMES ...MY NIFTY TARGETS 5240 -5125 - 4990 -4700-4500-4200.

ALERT

YESTERDAY ONLY GIVEN LEVLS:we may see some bounce considering the channel support. However, I would not advise going long at this stage, This bounce may take Nifty Future to 5455 or 5470. At this level, it will be better to go short, with stop loss of 5500.

WATCH NIFTY HIGH 5465 ....AND COMING DOWN ... NOW AT DAYS LOW 5432

AUGUST 30th NIFTY VIEW

In Friday's trading Nifty Future had to contend with the high of 5490 in the early trades. In the second half it maintained downward bias and went down to make a weekly low of 5398. It closed at 5416 - near the low of the day. Nifty Future took support at the lower channel - first critical level that was being mentioned for some days now.As is being mentioned for sometime now, market needs to correct and I feel Friday's move has given the first confirmation of the same.If you feel that channel break on the down side could eventually take the market down to much lower levels - just to remind you of the big gap left on the day after the election results, it is still not too late to sell on delivery basis so that buying can be done at the lower levels. the lower level of the channel is near 5000 - a good 400 points below the current level.

Tomorrow, we may see some bounce considering the channel support. However, I would not advise going long at this stage, This bounce may take Nifty Future to 5455 or 5470. At this level, it will be better to go short, with stop loss of 5500. Nifty Future has to cross 5500 to regain strength - which looks difficult considering the sharpness of the fall during the second half of the Friday.On the down side, 5380 and 5350 may provide minor support but eventually market has to seek lower levels in the coming days. Nifty Future may find good support at 5225-5250.

All the best.

TODAY NIFTY SHORTED LEVEL 5480(call given @ 10.22) ....CLOSING 5405 ...STILL HOLDING SHORTS

PUTS ALMOST DOUBLE FROM BUYING LEVEL

SUGAR STOCK FALL 6% FROM YESTERDAY CALL.... STILL SHORTS HOLDING

EVRYTHING FALLINGGGGGGGGGGGGGGG.


FALL ENJOYED OR NOT ??

GUYS... WATCH BLOG REGULARLY ..... YOU SHOULD GET 100% PROFITABLE CALLS EVERY DAY .

ALERT

WATCH NOW.....EVERYTHING FALLING ONESIDE.

NIFTY FREE FALL......ME WRITING FROM LAST 15 DAYS .... 5555 SL ... SHORT NIFTY ... NOW WATCH....DIDN'T BROKEN 5555 AND FALLING ONESIDE....PATIENCE IS MAIN THING HERE.

SUGARS FREE FALL MODE...

METALS ALSO STARTED FALLING ...

MERCATOR(MLL) HOLD ...AND BUY MORE AT LOWER LEVELS.... ..MY TARGET 57 -62

ALERT

NIFTY DEC 5500 PE 205 TO 300 TODAY

SUGARS SHORTS ROCKING ....

TATASTEEL SELL NOW And MORE AT EVERY HIGH LEVEL......

HINDALCO ALSO SHORT AT EVERY HIGH LEVEL.....

SUZLON,MTNL,NIFTY EVERYTHING SHORT AT EVERY HIGH LEVELS......

THESE ALL ARE POSITIONAL CALLS ...NOT FOR 1,2 DAYS....YOU SHOULD GET GOOD GAINS WITH IN FEW DAYS.

PATIENCE IS KEY OF SUCCESS ....

27th AUGUST NIFTY VIEW

In today's trading Nifty future continued its bearish trend and made a high of 5494 and low 5456. In the process, for the 3rd day, it has made a lower top and lower bottom. Though it is still holding the 5450 support, the close for the day is weak.

For tomorrow, I do not advise fresh long positions,Nifty Future may bounce from the support of 5450. If this happens, Nifty Future may go up to 5500-5510 at which level it will face resistance. One can consider going short at this level with stop loss at 5555.

All the best.

ALERT FOR SEPTEMBER SERIES

BELLOW 5444 SELL SEP NIFTY FUTURE FOR TOMARROW

DON'T PANIC FOR MLL (MERCETOR) NO NEED SL ... WATCH MONDAY PRICE.

METALS ,SUGARS LOOKING WEEK FOR SEPTEMBER SERIES....SOO SELL SELL EVERY RISE.....BUY PUTS.

AFTER MY CALL SUGAR STOCKS UP ALMOST 7% ....Hope you njoyed tht rally.

NOW SELL FOR SEPTEMBER SERIES SUGAR STOCKS , RCOM , TATASTEEL , HINDALCO .....BIG FALL ON CARD.

EXPIRY SPL OPTION

NIFTY AUGUST 5500 PE 15.5 TO 36.5 ...

HOW Z IT ?

WATCH MAGIC

NIFTY 5500 CE @ 6.5 TO 1.4

NIFTY 5500 PE @ 15.5 TO 30

HOW Z IT ??

ALERT : AUGUST 5500 CE

DON'T BUY AUGUST 5500 CE .......From today morning onwords almost 20 lakhs OI Added at 3-6 levls. Today expiry bellow 5500 chances very high .So exit if you have any AUGUST 5500 CE

ALERT : HINDALCO

BUY HINDALCO PUTS AT EVERY LOW LEVELS......

TODAY ME EXPECTING SUDDEN HIKE IN HINDALCO ONE CAN BUY Above 164 sl 161 target 167-169 for August series .

BUY SEP Series 160 puts at every low levels means ...1 - 3level...... no need SL ....

BUY SEP 170 Puts also every low levl .

BUY BUY MLL FUTURE

BUY BUY MLL (MECATORS) SEP FUT BUY @ 51 -52 TARGET 55-57-60 SL later......

100% RISKY EXPIRY CALL

BUY AUGUST NIFTY 5500 PE @ 10 -20(EVRY LOW LEVEL)SL 0 TARGET 25 - 40 -80 -100

HINDALCO 160 PA

BUY BUY HINDALCO SEP 160 PA @ 3-4 levls hold with SL 1.5 TARGET 8 -10

US DOUBLE DIP RISK CHANSES MOVING HIGH

26th AUGUST NIFTY VIEW

Today on the back of weak World markets, Nifty Future opened weak and made a low of 5465 and made an attempt to go up but could not go beyond 5488. In the last hour, it gave up all the intra day gains and made a low for the day at 5461 and closed at 5470.

For tomorrow, we have support at 5444 and 5420. If 5400 is broken, market may become very weak.If the support of 5444 is not broken, we may see a pull back, in view of FNO settlement as Nifty Future may try to close above 5500. However, on the way up, we have resistance at 5480 and 5510. Above 5510, we may see some strength and will face resistance at 5530. The strength may be possible as Bank stocks remain strong. However, Reliance continues to be weak and does not provide any support to Nifty Future. In view of FNO settlement volatility may increase so don't trade in big quantity .

All the best

WATCH DEC 5500 PE

WATCH DEC 5500 NIFTY PE 205 TO 265 NOW ....... ENTERED IN EXACT LOW PRICE 205.. NOW MAKING HIGHS N HIGHS....

BUY TATASTEEL 500 PA

BUY TATASTEEL SEP 500 PA @20 TARGET30- 40 -60 SL Later.

25th AUGUST NIFTY VIEW

In today’s trading Nifty Future opened at previous day’s level, but could not sustain at the day’s high of 5540. From the start of the day, it continued to trade lower and made intra day bottom of 5480 and then bounced back to close at 5510. While making today’s low, I continue to advise caution on the long positions

For tomorrow, short position may be taken with stop loss of 5555. However, above 5530 Nifty Future may show renewed strength to make a new high. If helped by Reliance i.e if it trades above 1000, the task will become that much easier. One can take the Nifty Future trades with this perspective, as the volatility may be higher in view of the FNO settlement this Thursday.

All the best

WATCH HUL 270 CA

WATCH HUL 270 CA 1/- todays dip... (me given evry dip buy buy buy) now made high of 3.6....more to come

Optocircut watch now

AUGUST 20th given call OPTOCIRCUT WATCH NOW .... 278 ...MOVING TOWARDS TARGETS 285-295....IN FALLING MARKETS ALSO OUR CALLS ROCKING.

PATIENCE IS KEY OF SUCCESS

NIFTY DEC 5500 UPDATE

YESTERDAY NIFTY DEC 5500 PE 205 TO 240 ......Started Journey ..... hope you guys bought this.

ALL CALLS ARE ROCKING

ALL CALLS ARE ROCKING....... STAY TUNE FOR BLASTING CALLS.

HIGH 254

INTERNATIONAL TRAVEL MADE HIGH 257.9

BUY BUY BUY...DON'T MISS IT

BUY BUY SPEL SEMICONDUCTOR BUY @ CMP 20 .

STAKE SALE NEWS ON CARD ... TARGET 20 -40% UPSIDE.

BUY BUY

BUY INTERNATIONAL TRAVEL 500213 OVER 247 SL 243.5 TGT 254-260

CAIRN 360 CA 6 TO 7.5

BUY BUY CAIRN INDIA 360 CA

BUY CAIRN INDIA 360 AUGUST CA @5 TARGET 8-12-15 SL 2

BUY BUY

BUY RSWM OVER 160 SL 157 TGT 164-167

HPCL CA

HPCL CA @ 6 TO 7.7 ....

BUY HPCL 540CA @ 6

BUY HPCL 540 CA @ 6 TARGET 10 -15-20 SL 3

24th August Nifty View

Today As I continue to believe that 5600 - the upper channel may act as resistance, I do not advise fresh long position at higher levels. Existing long position may be trailed with stop loss of 5475.

Short position may be taken below 5500 with stop loss of 5555. On the down side it will find support at 5455 and 5420. Though I feel that market may come down to correct, particularly as World markets are trading weak, please do not sell unless the levels given here are broken on the downside, as Nifty Future may continue to hold in view of the F&o settlement on Thursday. Moreover, we have yet to find support from Reliance which has been under performing the Nifty Future.


All the Best.

100% SURESHOT BUY

BUY 50% Of ur Portfolio or BUY 10-50-100-1000 LOTS BUY DEC 5500 PE @ 200 and more in dips

From this expiry any movement NIFTY Should fall ... MY TARGETS for This Put 400 -500 -800 -1000

SL later ....

BUY BUY TREADS @11

BUY more TREADS @11 and forget next 1 month .. target 16-22 don't miss it .

ESSAROIL 130 CA

FRIDAY ESSAROIL 130 CA 3 to 5 MOVING TOWARDS MY TARGETS . MORE TO COME TARGET 7 -10

WATCH FRIDAYS SUGARS CALL

WATCH SUGAR STOCKS .... ONE SIDE MOVE FROM FRIDAY LEVELS

BAJAJHIND 124 TO 128.5 Now.

August 23rd Nifty View

As mentioned in my weekly post, market has closed on strong note on Friday and shows potential to go up to the channel high of 5600. But considering the weakness in World markets and the coincidence of such turn dates along with small increase in Nifty Future, I am not inclined to suggest fresh long positions at higher levels. However, those willing to bet on the long side will do well to keep a Stop Loss of 5400.

One can go short below 5500 with stop loss of 5545. On the down side it will find support at 5450 and 5420.

All the best

August 4th week NIFTY VIEW

The weekly chart has ended in a very positive way - biggest gain over the previous five weeks and close near the high of the week. This gives an impression that rally can continue - though it can, I have a different view.

On the daily chart, the lower level of the channel indicates that below 5400 will be bad. Both these figures are not too far from where we are today, if we are to get the contagious effect of the world markets.

In my daily post, I have been putting a level of 5555 as a strong resistance. In today's trading, Nifty Future Sept series did a high of 5544 ....its very near to our levels.

While the objective of my indicating bearish view for past 20 Days or so, is just to caution the readers that at higher levels if one has sold, one can always buy at lower levels.

I am sure the weekly as well as Monthly candle next week will guide us if the market top is in place. In any case, we are near the upper end of the channel on the daily chart.

I would say that monthly candle will look bad, if the close by 31st Aug. is anywhere below 5350, and this will help to confirm my bearish view.

In Friday's trading Nifty Future maintained narrow range of 30 points. In the current series it made a top of 5537 where as in the Sept series it made a top of 5544. Friday is the 64th day from the previous bottom of 4786. Whether the market will reverse? Stay tuned to the market.


All the best

SUGARS CALL ROCKINGGGGGGGGG

WATCH SUGAR STOCKS ....ROCKING ONESIDE

BAJAJHIND 124 TO 126+ DAY HIGH

RENUKA ALSO 70 TO 71+ DAY HIGH

This is only trail part only ..... next 15 days 15 - 20% rally on card.

SO... BUY BUY BUY SUGAR STOCKS.

MARKET DOWN ....BUT OUR CALLS ARE ROCKED ....WATCH MORE BLASTING CALLS BLOG REGULARLY.

ALERT

BUY MORE HUL CA @2 SL 0 target 5-8-10 expiry ........hold till expiry .

NEXT WEEK EXPIRY SPL F&O CALLS WILL BE POSTED IN BLOG......SO WATCH BLOG REGULARLY .

US MARKETS AND ABOUT OUR ECONAMY SPECIAL ARTICLES WILL BE POSTED IN WEEKENDS.....SO JUST TUNE BLOG REGULERLY.

WATCH DLF

WATCH DLF NOWWWWWWWWWWW 333

320 CA hits 8 to 14 ....


NJOYED OR NOT ??

MARKET UP OR DOWN .....MY CALLS ALL ROCKING.

BUY BUY SUGAR STOCKS

BUY BUY BUY BAJAJHIND SEP FUT CMP @ 124 SL 119(No need) Target 132 - 138 -145

BUY 120 CA and 125 CA .

BUY BUY BUY Sri renuka SEP Fut @ 70.10 SL 69 Target 75 - 78 -82

BUY 70 & 75 CA also


NEXT 15 DAYS SUGAR SECTOR MOVE 15-20% .....SO BUY BUY BUY @ EVERY DIP

HUL 270 CA

If anyone missed HUL CA ... now BUY HUL 270 CA @ lower levls 3-4 .....target double SL half of buy price (2) .

DLF BUY BUY .....me typing ....its blasted......323 to 327 within secounds

DLF still a buy my target 333 - 338-344

DLF 3 days back me given call@ 320 level ... today blasted

BTST UPDATE.

MARKETS DOWN STILL OUR CALLS ROCKING

JP ASSOCIATES 125.5

ESSAROIL 130 CA 2.4 TO 4.7

HUL 3.75 TO 5.4

OPTOCIRC and WELSPUNGUJ SAME PRICE.....EXIT or Hold With Strict SL

20th August Nifty View

On the back of yesterday's break out, Nifty Future opened firm and after making intraday low of 5498 and there after made day's high at 5534. We are now close to the level of 5555 which in my opinion is a strong resistance level. Even if we temporarily manage to breach it, @ 5600 level we have upper channel line which can act as resistance.

Considering the US markets at the time of writing this post, I am reminded of similar situation when we made all time high (6336) in Jan 2008. While we were making new high, US markets were already on their way down and we followed after sometime. Will the history repeat ? Just a point to ponder over - particularly if you are very bullish.

I continue to advise caution, as I do not think the disconnect with Global market can last for long. It will be better to sell at higher levels - I mean delivery based selling. Needless to repeat, that fresh buying may best be avoided considering the strong resistance at 5545 and 5600.

Short selling may be considered below 5445, with stop loss of 5470. On the down side, it will find support at 5400. ...the fall will accelerate below 5400.

All the best .

BTST

JP ASSOCIATES 122.5 SL 121 TGT 126 - 128

ICICI BANK 1020 CA NOW @ 14

BOOK 100% PROFIT here............ 8.5 TO 14

HUL CA and ESSAROIL CA also day HIGH

ALL OPTION CALLS ROCKED ...

HOPE YOU GUYS ENJOYED .... :)

1 MORE BTST

OPTOCIRC @ 274 SL 269 TARGET 280 - 290

HUL CA @ DAY HIGH

HUL CA 3.75 TO 4.75 DAY HIGH


ESSAROIL 2.3 TO 3.4 DAY HIGH

1st BTST

BUY WELSPUNGUJ @250 TARGET 255- 265 SL 245

One more BTST ....post within 20 min ...watch blog .

BUY ESSAROIL 130 CA

BUY ESSAROIL 130 CA@2-2.5 SL 1.25 TARGET 4-7 -10

ICICI 1020 CA ROCKING .

ICICIBANK 1020 CA 8.5 to 11.25 now within 1 hour .... hope you guys njoyed the call ....

HINDUNILEVR 270 CA

HUL 270 CA @ 4 SL 2 target 6-8 -12

BUY ICICIBANK CA

BUY ICICIBANK 1020 CA@8-8.6 SL 3.5 TARGET 12-16

TREADDIRECT

TREADDIRECT @13.7 from 10.5 now almost 20% up from my level......my targets 15-18-21 Hold with Patience .....Today also Upper freezz ???


watch blog regularly such blasting calls...

BUY BUY ESSAROIL

BUY ESSAROIL SEP FUT @ 132-132.5 SL 129.9 TARGET 136- 139 - 144

19th August Nifty View

In today's trading Nifty future opened near yesterday's level and for the better part of the day remained choppy and traded at discount to the spot. In the last one hour, once it moved above 5450 it had a Sharp up move - In my view mainly due to short covering and discount turning to premium. It is pertinent to note that today, Nifty Future made a new high - 5494, but Nifty spot (5488) did not make a new high.that on 9th Aug (when previous top was made) Nifty Spot made 5492 where as Nifty Future remained at 5489.

Though we have made a new high today, I would continue to remain cautious as we have trend line as a hurdle at 5514.

would not advise long position at higher levels. Moreover, we are close to the upper end of the channel which is at about 5555. At higher levels, I would take the opportunity to sell on delivery basis and be liquid to take advantage of buying on steep corrections. To sum up, at higher levels Nifty Future will find resistance at 5515 - 5545 and 5570.

Short positions may be taken below 5440 with stop loss of 5460. On down side 5400 - 5363 and 5320 will provide support.

All the best.

BTST......100% sureshot trade

SAYING AGAIN N AGAIN BUY BUY BUY..... LAST CHANCE TO BUY ...THIS IS MY BTST ALSO .
TREADS(TREADDIRECT) @CMP 11.8 TARGET 15 -18-20

ALERT

DON'T BUY @ THIS LEVEL .... NIFTY STRONG RESIS AREA 5490 -5555 .


BANK NIFTY SELL MORE @ HIGHER LEVLS @ 10,900 -11,000 AREA......DON'T BUY .


BUY SEP 5400 PUTS .... HADGE WITH 5500 CE august .

SELL SELL BANKNIFTY

SELL BANK NIFTY 10,755- 10,780 LEVEL SL 10,840 TARGET 10,615 - 10.240-10,120

BIG BOY RELIANCE UPDATE

RELIANCE SUPPORT 964 ... BELLOW THIS LEVEL 910 -888 TARGET .

Onecan buy with SL 964 levl or SELL BELLOW 964 sl 973 target 910 - 888..

take ur own decession

BUY BUY DLF @ CMP

BUY DLF @ 320 -321 SL 316 TARGET 328 -333- 338



UPDATE : DLF SL HIT

ALERT

HYDIND ,SRF ,INDIAINFO,FORTIES,CESC,EDUCOMP,TRADES ALL ARE FIRE TOWARDS TARGETS.


BUY BUY BUY TREADS @ 11 - 11.5 levl ... targets 15 -18 (next 1 week)


NO CHARM IN MARKET ....DON'T BUY NIFTY FUT AT THIS LEVLS. ...ITS VERY RISKY ... IF U HAVE ANY LONGS EXIT AND SIT WITH CASH.......

ME NOT SUGESTING ANY LONG TRADES IN NIFTY .........SHORT BELLOW 5400 SL 5460 .

CESC @404.75

CESC 400 TO 404.75 WITH IN MINUTES ... R U NJOYED OR NOT ??? MORE TO COME ....TRAIL SL

BUY CESC

BUY BUY BUY CESC@ 400 SL 396 TARGET 408 - 416

BINDALAGRO :)

YOU GUYS REMEMBERED ME GIVEN CALL in 12th August BINDALAGRO .....WATCH NOW ... 5% UP ... NOW TRADING HIGH 17.90 .....ABOVE 18.2 TARGET 21 - 25 -36

WATCH YESTRDAY CALL SRF 261 TO 270

Forties moving up up 166

US up but our market moving down ...hold puts

BTST UPSATES

FORTIES 1ST TARGET HIT ....BOOK HALF HERE AND REMAINING HOLD FOR MORE TARGETS NEXT FEW DAYS

NIFTY SEPT 5400 PE HOLD WITH SL .

BUY BUY BUY

BUY BUY TREADS(TREADDIRECT) @CMP(ONLY TRADING NSE)........Before ME TYPING Words...Stock moved 10.5 to 11.5 ....No problem at all ... BUY BUY BUY .... MY TARGET 15-20 WITHIN 1 WEEK..

18th August Nifty View.

Today was one more day when Nifty Future moved in a narrow range of 34 points - High of 5444 & Low of 5410.Another important point I would like to highlight here is that today Reliance has taken support at its 200 DMA which should be considered as a good level of support, is one stock which has been under performing Nifty and may spring a surprise any time, which could help Nifty Future to move up...??

For tomorrow while I would not advise long positions, considering the Resistance Nifty Future has been facing at higher levels.

Fresh short position may be taken only below 5400 as suggested for today. However, considering the above possibility stop loss for short position should be kept at 5460.On down side, Nifty Future will find support at 5363, and 5315.

All the best .

one interesting Post about US economy ...must read.

Warning, bear market 2010: 11 'sells.' Only 6 'buys'

New Normal: Bankrupt nation. Deflation. Zeros. Junk. No jobs. Depression

By Paul B. Farrell, MarketWatch

ARROYO GRANDE, Calif. (MarketWatch) -- Yes, it's going to get worse, a whole lot worse ... Bill Gross warns this is the "New Normal. Forget 10% returns. Think 5%". ... Economist Larry Kotlikoff, author of The Coming Generational Storm, warns: "Let's get real. The U.S. is bankrupt. Neither spending nor taxing will help the country pay its bills" ... Economist Peter Morici warns: "Unemployment is stuck near 10%. Deflation coming. Stock market threatens collapse. The Federal Reserve and Barack Obama are out of bullets. Near zero federal funds rates, central bank purchases, a $1.6 trillion deficit have failed to revive the economy." ... Simon Johnson, co-author of 13 Bankers, warns: "We came close to another Great Depression, next time we may not be so lucky." Why? Because Wall Street's already well into the next bubble/bust cycle -- the "doom cycle."

Warning: More bad news ahead. Welcome to a bleak second half 2010, worse for 2011.

It's early morning: In comes economist Gary Shilling's new Insight newsletter, just before I head for the kitchen to make my wife's breakfast. Gary's "Mid-Course Checkup" doesn't raise my spirits. Sure, he's got bragging rights. His January forecasts are still on the money. But don't you just hate guys like him? Brilliant. Honest. Great track record. I guess that's why he's been a long-time Forbes columnist. Investors listen when he talks.

After cooking her breakfast I'm flipping through the L.A. Times' entertainment section, avoiding the business and financial pages. Didn't want to spoil my breakfast too. Suddenly, big headline stops me: "Buy, Sell, Hope." Hope? What's that? Good news about markets? You buy, you sell, you hope? Is "hope" America's last market strategy?

No, "Buy Sell Hope" was a grabber headline. A story about moviemakers buying film rights of bestsellers hoping to sell lots of movie tickets to millions who bought the book. Doesn't always work. A metaphor: Economic theories often fail. The focus: Julie Roberts's new film "Eat Pray Love," based on Elizabeth Gilbert's 8 million copy bestseller, a book filled with New Age advice rivaling the best of Eckhart Tolle and Deepak Chopra.

But that gave me a bright idea: Let's blend the two. See if we can brighten some of Shilling's gloomier forecasts and recommendations for 2010-2011 with some of Gilbert's upbeat advice ... imagining "Pretty Woman" Julia, the Eat-Pray-Love lead, doing a voice-over for Gilbert. So here we go: First, Shilling's 6 "buys," then the 11 "sells," 17 strategies for 2010. He admits some mixed results, but he's "sticking with them for the second half" and on into the coming dark days of 2011. I'm sticking with Julia:

1. Buy Treasury Bonds: Stay with this big winner. Stockholders hate them, but this is a safe haven in the coming deflation storm on into 2011. Long maturities. Zero-coupons. Lower commissions. That's "Insight." Now imagine Eat-Pray-Love's Julia's voiceover: "There's no trouble in this world so serious that it can't be cured with a hot bath, a glass of whiskey and the Book of Common Prayer." Okay, guys would prefer an NFL game with his buddies and a Bud. Winners all around.

2. Buy Income-Producing Securities: Still viable. Stock market's gone nowhere for 12 years, says Shilling. Pick selective income-producers: utilities, drugs, telecoms, hi-grade munis, preferreds, etc. Buy direct or ETFs. Then Julia reminds us: "God never slams a door in your face without opening a box of Girl Scout cookies."

3. Buy Consumer Staples and Foods: Less volatility than S&P 500. Hey, you gotta eat, brush teeth, wash your clothes. Good bet in good and bad times. Julia agrees: "In a world of disorder and disaster and fraud, sometimes ... the meal is the only currency that is real."

4. Buy Small Luxuries: Stay aboard. Yes, discounts, house brands, frugality's in. But still, we all want the best of the little things, "cheap chic," say Gary and Fred. Not Julia's Girl-Scout cookies, treat yourself with favorite chocolates, wine, cigars.

5. Buy The Dollar: Should continue to rise. Bet on futures, puts, ETFs on the dollar index. Julia is patriotic and spiritual: "Faith is belief in what you cannot see or prove or touch. Faith is walking face-first and full-speed into the dark."

6. Buy Eurodollar Futures: Unbelievable winner, and more to go. And if you're traveling, Julia tempts with this mouth-waterer: "Please go to this pizzeria. Order the margherita pizza with double mozzarella. If you do not eat this pizza when you are in Naples, please lie to me and tell me that you did." Yes, it's all in your head.

Okay folks, that's it, only six Insight "buys." Here's what our Eat-Pray-Love guru might add when you buy-sell-hope: "You have every right to cherry-pick when it comes to moving your spirit and finding peace in God. You take whatever works from wherever you can find it, and you keep moving toward the light." Yes, even with these 11 "sells."

7. Sell U.S. Stocks in General: Declines likely to continue. In May, Insight warned the recovery was "Four Cylinders, One Firing." Only inventory was firing. Missing? Jobs. Consumers. Housing. Slow growth. All in "secular bear that started in 2000 and has years to run." Yes, years. Can you still be happy? Yes, says Julia's guru: "People universally tend to think that happiness is a stroke of luck, something that will maybe descend upon you like fine weather if you're fortunate enough. But that's not how happiness works. Happiness is the consequence of personal effort. You fight for it, strive for it, insist upon it." Harder in a recession, but you just do it.

8. Sell Homebuilder & Selected Related Stocks: More weakness ahead. And it will get worse. Millions mortgage-holders under water, can't sell, can't refi. Families in stress. Solution: Eat-Pray-Love and listen: "Real, sane, mature love--the kind that pays the mortgage year after year and picks up the kids after school--is not based on infatuation but on affection and respect."

9. Sell Selected Big-Ticket Consumer Discretionary Equities: Still vulnerable: Autos, appliances, hospitality. Rebates gone. Postponing purchases. Save, get frugal, flow with reality. Julia: "Every day a person is presented with not two or even three but dozens of choices ... our modern world has become a neurosis-generating machine of the highest order." Stop, make time to eat, to pray, to love.

10. Sell Banks and Other Financial Institutions: Remain vulnerable. Including Fannie, Freddie, regionals, small banks. More regulations. By 2014 bank portfolios have $800 billion mortgages coming due, two-thirds underwater. Huge impact on capital. Sell. What would Julia say: Eat in moderation, love, pray a lot.

11. Sell Consumer Lenders' Stocks: More declines in credit cards, etc. Americans save more, cut their borrow'n'spend binge. Reduce stress says Julia: "The only thing the mind hears all day is clanging bells and noise and argument, and all it wants is quietude. The only place the mind will ever find peace is inside the silence of the heart. That's where you need to go." You too.

12. Sell Low & Old Tech Capital Equipment Producers: Falling trend. Mega excess capacity. Capital spending dropping says Insight. Julia worries that you're holding onto the past: "You must find another reason to work, other than the desire for success or recognition." Your passion "must come from another place."

13. If You Plan to Sell Your House, Second Home or Investment Houses Any Time Soon, Do So Yesterday: Too much inventory, and fear. Warning: Down another 20%. Julia says you will survive because "somewhere within us all, there does exist a supreme self who is eternally at peace." That's your true home.

14. Sell Junk Bonds: Rally's overdone, warns Gary. Slow growth recovery, deflation fears, "lethal for many junk bonds." The "New Normal" cuts returns in half. We chase junk. Bigger risks. Julia: "That's your problem. You're wishing too much, baby. You gotta stop wearing your wishbone where your backbone oughta be." Accept the New Normal. Stop chasing deals like a teenager in heat.

15. Sell Commercial Real Estate: Got ahead of itself. Hotel occupancies down. Office vacancies up. Refinancing trouble looms. Maybe short REITs and ETFs. Julia knows our "world is so corrupted, misspoken, unstable, exaggerated and unfair, one should trust only what one can experience with one's own senses." Are you trusting Wall Street? Or your own life experiences?

16. Sell Most Commodities: Soft economy, soft commodities. Insight warns of "unattractive investments in coming years of weak demand, excessive capacity and soft prices." China's a big importer, aggressively tying up global supplies. Risky bets. So imagine you're lost and listen to your Eat-Pray-Love guru: "When you're lost in those woods, it sometimes takes you a while to realize that you are lost. For the longest time, you can convince yourself that you've just wandered a few feet off the path ... Then night falls again ... you still have no idea where you are ... you have bewildered yourself so far off the path that you don't even know from which direction the sun rises anymore." Are commodities taking you off your path?

17. Sell Developing Country Stocks, Bonds: They depend on exports, are vulnerable to global weakness. China overheating. Risks in India, Brazil, Vietnam, etc. Wall Street pushes overseas investing, they love the commissions. Warning, go slow cautions Julia: "Time, when pursued like a bandit, will behave like one; always remaining one country or one room ahead of you, changing its name and hair color to elude you, slipping out the back door of the motel just as you're banging through the lobby with your newest search warrant, leaving only a burning cigarette in the ashtray to taunt you." The only real winner investing overseas is your Wall Street broker collecting all commissions you pay.

What a combo: Warnings from Gary Shilling's "Buy-Sell-Hope" Insights newsletter. Plus Girl Scout Cookie advice from our Eat-Pray-Love guru, with "Pretty Woman" Julia Roberts' voice-over. Let's top it off with one more of her jewels: "The Bhagavad Gita, that ancient Indian Yogic text, says that it is better to live your own destiny imperfectly than to live an imitation of somebody else's life with perfection. So now I have started living my own life. Imperfect and clumsy as it may look, it is resembling me now, thoroughly." Get it? The market, the economy, the whole world may crash ... but will you crash with it? Or will you still be the "best you?" Will you fulfill your destiny?

INDIAINFO 9% UP ....100 to 108.5



watch tomarrow nifty view today night 10:30

BTST FORTIS @ 160 - 162 S./L 157 Targets 165 -170

BUY NIFTY September 5400 PE @100- 112 sl NIFTY 5455 Target 150 - 200

EXIT ALL NIFTY LONGS.

INDIAINFO 7.5 % UP ONE SIDE 100 TO NOW 107.5....Intraday only ........ BOOK 100% 109 levls.

DISHTV 50.8 TO 51.8

EDUCOMP 549 TO 565

SRF 261 TO 266.5(HOLD TILL TARGETS)

HYDIND : 625 TO 633 (HOLD TILL TARGETS)

NJOYED OR NOT ?????

WATCH EDUCOMP ...1ST TARGET DONE

WATCH EDUCOMP 1ST TARGET 565 DONE WITHIN HOURS.......NJOYED THE BLAST OR NOT ?

BUY BUY RPOWER

BUY RPOWER @154 SL 152 TARGET 159 - 165 (1 WEEK )

SMALL TRADERS ONE CAN TRY 160 CA@ 1.2 NO SL TARGET 4-6-10

INDIAINFO TARGETS HIT

INDIA INFO 2nd Target 104 also done within 2 hours ......Njoyd the blast or not ??

Watch BLOG regularly you should get such blasting calls.

BUY BUY BUY

BUY BUY EDUCOMP SEP Fut @ 544- 550 SL 520 Trgts 565 - 600 (1 week )

BUY INDIAINFO@100

BUY BUY INDIAINFO Fut @ 100 SL 96.50 Targets 102- 104 - 109 (3-5 days )

NIFTY FUT LEVELS UPDATE

Nifty fut is expected to face resistance at 5436 and 5455 and find support at 5400, 5381 and 5363 for the day ...Based on present market movement, Nifty would be in Bullishzone above 5443 and in Bearish zone below 5425 for remaining trading day.

Dishtv blastd

DISH TV 50.8 TO 51.5 with in 1 hour ... lot size 8000 .....hope you njoyd this blast .

Positional Call

Buy NATIONALSTEEL (513179) @ 31- 32 SL 24 Targtes 47 - 65 (2 to 3 months )

BUY DISHTV @51

BUY BUY DISHTV @ 50.80 SL 50.4 TARGET 53 - 55

BUY BUY SRF

BUY BUY SRF @260-263 SL 255 TARGET 290 - 330 (15 DAYS TIME FRAME)

BUY HYDIND

BUY BUY HYDRBADIND @625 SL 610 TARGET 670 - 730 (NXT 1 WEEK HOLD)

August 17th Nifty View

Today in the early trading, Nifty Future made a high of 5474 and met with resistance. Thereafter it continued to make lower tops/lower bottoms on the the 30 min chart (though marginally) and in the second half, fell sharply to make a low of 5393.

Now For tomorrow trading, I would continue to suggest that avoid going long as Nifty Future has encountered resistance at 5480 levels on 30 min chart for nearly 6 times.

Short position may be taken below 5400 levels, with stop loss of 5455. At lower levels, Nifty Future will find support at 5363 and 5325.

So trade accordingly.

All the best

SUZLON VIEW

SUZLON POSTED 900 CR LOSS In this Quarter ....It means almost 6/- pershare.... still Are you a buyer of SUZLON ???? God only save You .....

In My view Don't buy suzlon and don't average .......Just exit .

If Anyone holding Suzlon stocks ...... if Suzlon moves @ 60 level ... just exit

Now Short term bellow 52 ......My targets 45 - 40 .My ultimate target 32 per share....in next 1,2 months

SUZLON DOWN DOWN ....

SUZLON DOWN 10% ONE SIDE ..............57.6 TO 50.6 DOWN 7/- LOT SIZE 4000 .... 28,000 PROFIT......

U GUYS ENJOYED OR NOT ??

NIFTY LEVELS FOR NEXT WEEK:

NIFTY LEVELS FOR NEXT WEEK:

DOWN SIDE :5365 - 5225 - 4900
UP SIDE : 5480- 5515- 5555

NIFTY FUTURE:

On Friday, Nifty Future continued its up move and found resistance at the Trend Line as anticipated. I will observed 5480 level has acted as resistance on 5 times. It definitely indicates that this region is a strong resistance level which Nifty Future is not able to cross. In my view continues to remain cautious/bearish - even at the risk of being proved wrong, should Reliance go above 1000. On the higher side, we have to contend with resistance at 5515 and major resistance at 5555. n downside it will find support at 5363 (we may not be second time lucky) if 5363 breaks next levels 5315 and 5225 as minor supports.

For tomorrow, I would not advise fresh long position at higher levels.

Short position should be taken only below 5420 with stop loss of 5450. On downside it will find support at 5363 (we may not be second time lucky) - 5315 and 5225.

All the best.

YOU GUYS REMEMBERED OR NOT ??? MY AUGUST 11th IBREAL 186 TO 199 NOW .... WITHIN 2 DAYS ... ALL TARGETS DONE ..

WATCH BLOG REGULARLY .... YOU CAN GET SUCH BLASTING CALLS

SELL SELL SELL SUZLON

SELL SELL SELL SUZLON @ 57- 57.5 SL 59.1 TARGET 54 - 50 - 45 DON'T MISS IT

DON'T MISS IT

AGAIN N AGAIN SAYING ......................BUY BUY SEPTEMBER PUTS ... AND HOLD TILL SEPTEMBER 2ND WEEK .... WATCH NIFTY LEVELS IN SEPTEMBER 2ND WEEK ..

NO IF AND BUT ....JUST BUY BUY BUY SEPTEMBER NIFTY PUTS AT EVERY HIGH LEVL OF NIFTY .


THIS IS LIFE TIME OPPORTUNITY .....DON'T MISS IT

SKUMAR BLASTED ..... 84.5 TO 86.4 with in minutes ....njoyedd or not ???

intraday players book 87 area.

EQUITY CALL :SKUMAR

BUY BUY BUY SKUMARS @ 84.5 TARGET 91 - 94 ...SL 81

BUY BUY BUY

BUY SEPTEMBER NIFTY PUTS 5400 ,5300 @Now and lower levels(BUY 2,3 Parts)..... SL 5565 NIFTY FUT ... target NIFTY FUT 5240 - 5000-4900 - 4700- 4500- MY ULTIMATE TARGET 4200.

BUY ESSAROIL

BUY ESSAROIL FUT @ 134 SL 131.9 TARGET 138.5 - 142

NIFTY VIEW 13th August 2010

Today Nifty Future opened with a gap and made a low of 5363 and bounced back in the opening session. 5365 as i said yesterday in my views..

For tomorrow. I would not advise any long positions.

One can continue the short position with stop loss of 5454. In case market is able to cross this level, Nifty Future can come up to 5490 level to test the trend line and once again turn down after making a double top. I would give very low probability for this to happen.On the down side, Same i said yesterday levels it will find support at 5365 and if this level is broken, it will go down to 5300 - 5240.

I would recommend to even buy some put options on SBIN because the rally is extraordinary and we have seen correction also. At the same time I am seeing that this current rally is backed by short covering and not by the real buying.

WATCH MAGIC .... NIFTY ABOVE 5403 ....WITHIN MINUTES 5422......


ME GIVEN UPDATE ....WITH IN 5 MIN STARTED RALLY IN NIFTY...


HOPE YOU GUYS ENJOYED MY LEVLS

WATCH BLOG REGULARLY......YOU CAN GET BLASTING CALLS LIKE THIS.

Again Nifty stuck in range .... down side 5365 Nifty target 5300 intraday. , above 5403 target 5425 - 5440

So watch levls carefully .... trade acordingly.

after Europe opening oneside movment not ruled out.

ENJOYED NIFTY FALL ???

MARKETS FALLING.............BUT NEVYVELI LIGNITE WATCH NOW MAKING HIGHS ....156 TO 166....ONESIDE MOVE........MORE TO COME ...... ....MY INTRADAY TARGET 170 ....NEXT 2 SESSIONS 200.

Small players book here....and relax 10 X 2000 = 20,000 profit with in 1 day.

US MARKETS COMMENTRY.-fishhook

The FED has lost all credibility. The bears pounced upon the market today with a vengeance. Sellers abounded, and buyers were nowhere in sight! The rally yesterday for appearance sake after the FED announcement couldn't hold overnight, and like a bad dream for the bullish contingent, things just kept getting worse and worse during the day session.

If close below S&P 1100 that is a breakdown for the short term. If close below 1090 that is an even bigger breakdown, and probably affects the intermediate term performance of this market. The bulls did not mount any meaningful rallies today, and the bears just plundered as if the FED just would have been better off keeping its mouth shut! The corral fence to the south 40 has broken down and is in shambles, as the bears are running rampant in the pasture and were last seen heading farther south!

This is a BIG trend day down. Recall that I have been talking about the small range of the market for several days, and the energy that gets stored when that happens. I emphasized that when we get that much daily range compression, the resulting breakout is very significant as all that stored energy gets released. You will see this time and time again in the market if you look for it!

Finally, a note about "boundless bonds"! The bonds skyrocketed to a point and 1/2 advance today. Fear is rampant! The bonds were actually overbought going into the FED announcement, as the FED's cousin, ED :-), had been buying them in anticipation of what was coming! I have mentioned in the past that what is overdone, can become more overdone, and this is exactly the situation we are seeing in bonds. They are now incredibly overbought! Some of you may think otherwise, and I certainly respect the bullish perspective, as nobody is quite sure at what level this roman candle will burn out. I will respectfully say that this incredibly overbought situation occurs very rarely, and nobody is going to want these bonds when this panic has run its course. The impressiveness of the rally will pale in comparison to the speed and magnitude of the fall.

The OER 2010 Express has been derailed as the FED has stepped on its own "Obama". It will be interesting to see how they extricate themselves from the ugliness of the day, and at the very least, a breakdown of the short-term fun they have had since early July. I see as we speak, that "someone" is throwing some of that "unlimited money" around right now! Let's see what they can get done, as again, it is the CLOSE that is critical. It is doubtful that any honest market can ramp this thing back up to 1100 today! (Did I go too far? :-))

have a great time, all the best!!

(Topic source -fishhook 4M USA )

NIFTY VIEW 12th August 2010

Nifty supports 5365 (major)- 5300 - 5240(major) - 5180 - 5090.....Resis 5425 - 5455- 5485 ..So plz trade acording to levls....tomarrow In case of gap down opening, it is best not to do anything. In case market gives an opportunity, one can go short with stop loss of 5425. On the down side, break of 5390 will take it to 5365 and 5300. it may get support at this level but advisable not to try bottom fishing so early. In case of sharp bounce, it can come up to 5365, where one can go short.

WATCH MAGIC ....... EVRYTHIN FALLING

N.LIGNYT ONLY MOVING TOWRDS DAY HIGH

LAST CHANSE .... ONLY 3 MIN LEFT ..... BUY BUY BUY ...........WATCH MONDAY PRICE.

MY BTST ALSO

HOW Z ITTTTTT ??

R U ENJOYED NIFTY FALL ???

STILL SAYING DON'T BUY ANY SENSEX,NIFTY STOCK...........MORE FALL ON CARD .

AGAIN N AGAIN SAYING BUY NAVYELI LIGNYT @ CMP 156-157


HUL ONESIDE FALL STARTED .....HOPE YOU GUYS HOLDING PUTS .

ALERT

WATCH NOW....

BLEEDING NIFTY ,SENSEX NOW..... AGAIN SAYING DON'T BUY SENSEX AND NIFTY STOCKS......

BANK NIFTY AND SBIN ...FALL 2% FROM MY LEVLS ...

more to come........

DON'T BUY .. SELL SELL SELL ONLY

BUY N.LINGYT ONLY NOW @156...DON'T MISS...WATCH MONDAY PRICE . MY TARGET 180 - 200

BUY NEVYELI LIGNYT @ CMP 159....SL 156 TARGET 170 - 180

Don't miss this one.... big news on card.

BUY MORE AT LOWER LEVELS......DON'T PANIC... ITS MY 100% SURESHOT CALL

BUY BUY IBREAL

BUY IBREAL 186 SL 184 Target 193 - 200

DON'T BUY ....

Don't buy any SENSEX,NIFTY Stocks now.......markets looking weak....bellow 5440 nxt levl 5400 - 5365 ....bellow 5365 xpecting big crash.....So....DON'T BUY

SELL BANK NIFTY AND SBIN FUT NOW ... TARGET 3 - 5% FALL

11th AUGUST NIFTY VIEW

Short position may be taken below 5440 with stop loss of 5475. On lower side, it will find support at 5420 - 5400 and 5365.

We now have to contend with likely weakness INFOSYS once it breaks the trend line on the down side at 2800 - in view of all the wrong news coming from USA about Indian IT Cos. News will affect TCS and WIPRO also .Weakness in these three heavy weights is bound to have negative effect on Nifty Future.

Accordingly, I would not advise fresh long position and those having existing long positions must have a tight stop loss of 5440.

MY BTST CALL


BUY DABUR @ 203 SL 199 TARGET 210 - 215

this is my 1st equity call...BINDALAGRO (OSWCHEM)

BINDALAGRO (OSWCHEM)

BUY 17 - 17.7 SL 15.9 TARGET 20 - 25 - 35 - 40

Within 1 month equity players don't miss this stock .

100% sureshot buy 1000 - 10,000 , 1 lakh ,10 lakh .....

BUY HUL 260 PA @

BUY HUL 260 PA @ 4 - 4.5 SL 2 target 8 - 10 -15

THIS WEEK OUR INDIAN MARKETS :

NIFTY HURDLES : 5480 - 5500 - 5520 -5540 -5555

NIFTY SUPPORTS : 5444 - 5415 - 5400 - 5370 - 5350 (BELLOW EXIT ALL LONGS)

SENSEX SUPPORTS :18020 & 17860,

SENSEX HURDLES : 18300-18600,


THIS WEEK ACTIVE STOCKS LIST IN F&O : Bharat forge, Century, Educomp Solutions, GSPL, ITC, LIC Hsg Finance, Mphasis, Onmobile, Opto Circuits, Petronet LNG, Powergrid, Sun TV, Tulip IT

Chinese stocks weighed by slowdown, yuan worries

HONG KONG (MarketWatch) -- Chinese stocks pushed deeper into negative territory Tuesday afternoon, with investors' worries piqued by July trade data that raised questions over the vitality of domestic consumption and prospects of a faster appreciation of the yuan.

After a brief uptick, the benchmark Shanghai Composite was trading down 2.2% at 2613.3.

Ships collide in India

Teams from the Indian Navy and the Coast Guard attempt to contain an oil spill after a collision between two Panamanian cargo ships. Video courtesy of Reuters.

Banking stocks were among the leading declines, with Bank of Communications Co. /quotes/comstock/28c!e:601328 (CN:601328 6.30, -0.19, -2.93%) /quotes/comstock/11i!bkfcf (BKFCF 1.12, +0.09, +8.74%) giving up 2.5%, and Agricultural Bank of China Ltd. /quotes/comstock/28c!601288 (CN:601288 2.69, -0.04, -1.47%) losing 1.1% to 2.69 yuan (40 U.S. cents), a whisper above the 2.68 yuan price for its initial public offering last month. The energy sector was also under pressure, with shares of coal producer China Shenhua Energy Co. /quotes/comstock/28c!e:601088 (CN:601088 23.16, -0.82, -3.42%) /quotes/comstock/11i!cuaef (CUAEF 3.92, +0.09, +2.35%) trading down 2.9%.

"The market is probably worried about [domestic] growth slowing down, as showed by the import number," said Macquarie Securities' head of China economics Paul Cavey.

He said pressure on Beijing to allow the yuan to rise would likely increase in coming months. China's trade surplus grew more than expected last month, and many economists expect the U.S. trade deficit to widen.

Chinese customs data for July showed the monthly trade surplus at $28.7 billion, its highest level in 18 months, as exports rose 38.1% and imports gained 22.7%. See story on Chinese trade data.

"The problem is renewed pressure on the yuan and potential protectionist measures in the U.S. in the run-up to the [November] elections," Cavey said.