Feb 20, 2017

Chart Of The Day : DR.REDDY'S LABORATORIES LTD. Buy/Sell/Hold? Short - Mid Term View 20 Feb 2017 For Trading Positional Technical Analysis Recommendation

Dr.Reddy's Laboratories Ltd. CMP-2915 Recommendation-Sell You can clearly see the 300 level as the support and 3300 level acting as resistance level since November 2015 crash in the stock price. The pharma sector is passing through a turbulance like the IT sector and the PE multiples are also not expensive. But for the short term as a technical research follower traders sell what is weak and buy what is strong we we are short on both sectors...

Feb 17, 2017

Chart Of The Day : SAIL/STEEL AUTHRITY OF INDIA LTD. Buy/Sell/Hold? Short - Mid Term View 17 Feb 2017 For Trading Positional Technical Analysis Recommendation

Sail or Steel Authority Of India Ltd. CMP-60.50 Recommendation: Strong buy Duration : Short, Mid Term, Possibly long term as well. Arguements:  While the fundamentals of the steel sector and that of the particular company are improving, it will be a detailed subject of explanation so we will limit ourselves to the recommendation and some technical analysis. The stock has bottomed out around 35 levels from February 2016 from where the present...

Feb 16, 2017

Chart Of The Day : Castrol India Ltd. Buy/Sell/Hold? Short - Mid Term View 16 Feb 2017 For Trading Positional Technical Analysis Recommendation

Castrol India Ltd. CMP-415 The Chart here is of futures segment View: Neutral to bearish Target-365, below 360 further decline possible. But  buying will emerge as the company is an MNC bluechip. Only short term short selling positional trading recommended with booking profits as you get. The stock has not made any new high or shown exciting movement since Dec 2014, so we conclude that it is not in a bull market and in a sideways market...

Feb 7, 2017

Impact of Donald Trump on Indian Stock Markets / Companies / Sectors

Possible impact of Donald Trump on Indian Stock Market Which Sectors Will be affected positively or adversely due to Trump Presidency Impact of Donald Trump on Indian Stock Markets / Companies / Sectors These days some stock traders are following Twitter more than macro data or financial statements. When President Donald Trump tweets about a public company, the market listens. In fact, Trigger, a company started by three Cornell Tech students,...