DOW JONES sold off badly as expected

DOW JONES sold off badly as expected In our past market updates, we have been warning about the imminent upcoming sell off in USA Dow Jones index, the resistance of India and other EMs to bow down and follow it on the down side as well as how they will not be able to cop with a heavy sell off in the same. While the Dow Jones decline was given, and the Indian markets touched their upper end of the range that it has been trading for some time;...

Market Review As On 12.00 PM, 21 December, 2018, NIFTY-50, SENSEX-30

Market Review As On 12.00 PM, 21 December, 2018, NIFTY-50, SENSEX-30 Ultimately, the Indian stock markets bowed down to the mighty US DOW JONES INDEX; at least what it looks like right now. We have been talking about how the resistance showed by Indian stock markets along with its Asian counterparts, against US Equity markets decline, with low volumes and unsustainable news flow, should not be taken for granted and must be traded with care...

HINDUSTAN AERONAUTICS LTD. - 785- Multibagger & Value Buying Medium To Long Term Investment Indian Stock Markets

HINDUSTAN AERONAUTICS LTD. - 785 This is a State Owned profit making defence manufacturer with sound fundamentals and good valuations at current price of Rs.-785, we believe it to give multibagger returns in next 5 yrs. In light of the increasing defence spend by India and focus on manufacturing in India as well, this firm is likely to gain higher growth than its past years. In a recent report of Stokholm International Peace Research Institute,...

MRPL- Trading View

MRPL- Trading View All our recent recommendations seem to have performed very well, even in the face of the mild intraday corrections that we are witnessing due to resistance levels. The decline in crude oil prices and almost 50% crashes in the OMC stocks have warranted a good bounce back in IOC, BPCL, Chennai Petro, ONGC share prices. MRPL can be traded on the upside with 80 plus TGT. CMP is 75. Further guidance for members only. To...

Beginning of Reversal from Short Term Up Trend Or Just Breather at Resistance : NIFTY-50 View

Beginning of Reversal from Short Term Up Trend Or Just Breather at Resistance : NIFTY-50 View In our past week updates, we have been constantly saying that to trade successfully first you need to understand what type of market you are in, like bullish uptrend, bearish downtrend, or sideways and so on. Suppose, we are in a sideways/pullback kind of market, then we need to decide how to trade it. There are different approaches and styles to trade...

NIFTY 50 INDEX – Gap up can happen 11100

NIFTY 50 INDEX – Gap up can happen 11100 The Indian stock markets have shown good resistance in respect with the defeat of the ruling BJP in three states ahead of the next year LS elections. The crude oil prices have softened, easing the burden on the central government fiscal front, the export – import balance of payment front and the economy as a whole which uses the petroleum produces at every step of commerce. The market has also been digesting...

Market View and Trading Signals : DHFL, SAIL, YESBANK, GRASIM,

Market View and Trading Signals As per our last review market has been in a range and not given any break out. Also, the midcap rally and individual stock price movement on the upside has maintained its momentum. Below are some stock trading views for December, and January depending on weekly, monthly trading and depending on wheather you trade in options or futures of stock cash delivery. DHFL : Cmp-225, Buy Dec or Jan Call Options or...

Indusind Bank – Short Term View

Indusind Bank – Short Term Buy Current Price is Rs.1625. A trader can get good rise of 100-200 points. To know how to trade or/and invest with entry, exit levels, alerts and time duration etc. become member. This is only a brief analysis and not a complete research report. The given views are subject to change depending on changing market and global economic conditions. Become member to benefit from market and individual stock moves. Become...

Stock Market Nifty Sensex Dow Jones View – As On 17 December 2018

Stock Market Nifty Sensex Dow Jones View – As On 17 December 2018 We continue to predict a sideways market with sell on rise and buy on dips as well as individual stock price movement type trading market. Earlier also we have said that during the past month’s pull back many stocks which were hammered in the erstwhile sell off for as much as upto 50%; have made base and are likely to give 10-20% up move in the sideways, range bound type of scenario...

NIFTY 50 INDEX – CMP – 10800- A Very Brief Simple Review

NIFTY 50 INDEX – CMP – 10800 The nifty index is looking overbought for the time being and we believe its time to exit longs and possibly enter short positions, it can be done by shorting calls which is best way, and other relatively pricey method is buying puts. At the same time we maintain that the market is in sideways, low volatile, non trendy, low volume, range bound phase, and likely to remain so with only some intraday ups and downs...

YES BANK LTD - Medium Term View - Stock Recommendations - Buy -Sell or Hold ?

YES BANK LTD – CMP - 185 This stock is presently stuck amidst huge turbulent newsflow including rift between promoters, RBI intervention regarding the same, consequent resignations of board members, RBI regulatory notices and so on. The stock saw support around 200 from a life high of 400 in 2 months, after it fell below that level, but soon resumed its decline and tanked to 150 on a bad day, only to rebound to 180 plus levels in next few days. The...

PIRAMAL ENTERPRISES LTD - Short Medium Term View

PIRAMAL ENTERPRISES LTD (PEL) – CMP - 2213 This is a great midcap group stock. It has scaled heights of 3200 mark and receded from thereafter on the back of the present 2018 market route, however recovered and stabilized like the rest of the market during the last two months. The stock took support on weekly chart on its 200 DMA and is hovering around 2000-2100 mark. We believe it to give good return over next 12 months. It’s a good company...