We are finally on Expiry day.

In this series for April– Keeping It Simple– we had a total of 12 selections. Buy Selections –3 Sell Selections — 9.

NIFTY has moved up by about 500 points from the time selections were made. With so many SELL selections going wrong, it would not be a surprise if there was a big loss. And initially it had looked that everything was going wrong.

Finally the stocks performed according to the traits ( Strength and Weakness ) they had shown while making the selections.

As of this morning, we are having 5 trades right and 7 are wrong.

Out of the SELL selections only 2 have done well but they have really done well.

Buy Selections :

TECHM has gone up to 687.20 from 636.85.

NTPC has gone up to 171.85 from 168.50.

INDUSINDBANK has gone up to 1843.30 from 1784.65.

All three good though the profit has gone down from two days ago situation.

Sell Selections :

First those which went right,

SBIN has gone down to 237.60 from 251.20.

HINDPETRO has gone down to 297.95 from 345.70.

These are the others which went wrong:

LUPIN was suggested at 740. Exit was suggested at 810. It is above that level now.

TATA MOTORS is up just by Rs. 0.65. A minor loss.

BAJAJ AUTO has gone up by Rs. 134.20. A good loss.

VEDL is up by Rs. 11.10. A big loss but the satisfaction is in the fact that at one stage it had gone up by Rs. 30.

BHEL is up by Rs. 4.00 and it is a loss. It had gone up by Rs. 9.00 few days ago.

RPOWER is up by Rs. 0.65 only and we are looking at a small loss here.

So is the case in RELCAPITAL where the loss is about Rs. 1.10 per share.

5 Right out of 12 is not very good but it makes money.

Let us see how the day goes for these stocks today.

Selections for May Expiry :

The reasons for selecting TATAMOTORS and SBIN as SELL selection in March still remain valid. These stocks have shown weakness even when the market was strong.

We again select them for SELL.

HINDPETRO also remains on the list.

So does BHEL.

Our 4 selections for SELL at this time are:

TATA MOTORS

SBIN

HINDPETRO

and

BHEL

More will be added later depending on how the market moves.

The price at the end of day will be considered as the suggested price as we are already in April Expiry with all of them.

Two stocks look very good for BUY.

These are Mahindra& Mahindra (M&M) and HINDUNILEVER.

Very strong show in April and it is expected that the trend will continue.

All the best for the Expiry Day trades.

Disclaimer: This post and examples are for teaching purpose only and are not meant as advice/suggestion to trade in these stocks. Trading in Futures and Options can lead to big losses and should be done with appropriate knowledge and advice only. Mentioning the stocks here does not imply that I have a trading position or likely to take a trade in these stocks.