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Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts

Tuesday, November 20, 2012

Analysis on Apollo Tyres


Apollo Tyres is making a falling wedge pattern along with a bullish divergence forming, from a long days.  Still we haven’t seen any reversal candle forming; I expect 77rs will be a good support for this stocks. 89(Neckline of H&S) can cause some upside hurdle. The stock is looking good, the stock have a potential to move at least 12% within 3-4 months


Falling wedge pattern



A Bullish Divergence


SAR

Friday, November 2, 2012

An analysis on Pantaloon Re



The key things that are attractive for me are as follows:
  • MACD cross-over
  • Divergence in RSI
  • Breakout in price level
Conclusion:  If we see this stock crossing 196 we can see this stock heading towards 226 which will yield around  12% to 15% profit.

Monday, October 29, 2012

Common Misunderstanding of Stock Market


It’s over a year that I have been writing in this blog. I came across many people with many “FAQ”. I have been always writing articles on Technical Analysis. But this time I’m willing to share something regarding “common misunderstanding” that people are having regarding markets.

Stock market is an illusion, everyone enters will end-up in loss

It doesn’t mean that if you have made loss, then everyone will make loss. There are 100 reasons for going wrong out in market. Analysis sometime fail, but you need to have a backup plan. If your stops trigger you have look for things like what went wrong, which is the next support, dose it worth bottom fishing the stock? And so on. Let me take a small example assume that you are out to market to buy a soap/bread/biscuit or any other item such. What you will do? Hope you go out for a retail shop and buy. Isn’t it? What if you don’t get? Easy go to another shop. For this we always use a world “don’t marry your stocks”

The reason is every stock has a cycle, a phase and a trend. Everyone have to understand it then go for an investment you know you can’t sail against wind so you have to go according to the winds of market. It doesn’t mean we have to buy a stock at a high and wait for the stock to go high. This is something what most of the “Breakout traders” do. Breakout traders are professional traders they understand the breakout more than a common man.  See every breakout aren’t bullish, some are fake and the great way to understand it to check volumes during breakouts.

I see TV and made Profit/Loss

 I am a student I don’t want to fall into any controversy. Let me communicate what Larry Berman and other such traders and analyst say “SWITCH OFF THAT TV VOLUME AND TRADE” few even go to an extent saying switch off your TV. Recently I had a chance to sit a wonderful seminar held in Bangalore, speaker as Vishal Malkan . Do you know what he told? He told “I never see TV” this isn’t weird I have many people saying this even I do the same thing.  I never say PM/President rule this world I say Media rule this world with psychological gimmicks, mind control and NLP.
I am a psychology guy hold a special interest in cognitive psychology and neuro linguists, I am not matured to speak things but can only say “ It’s your money, don’t make someone to take your investment decisions”. If you take their advice don’t blame them. If you get poor marks in an exam you can’t blame your pen, isn’t it?

I want to invest so and so, what will be the return after so many years

 Believe me even god find difficult to answer it. There are few concept involved like range, current price, policy, economics etc. many media say Sensex will touch 20k/30k etc but there is some T&C*. The best way to do money is to buy at a low and sell at high. It is very hard to specify time.

How can I become a very good trader?

 Everyone wants to be a Rakesh Jhunjhunwala. I have seen people who are trading for show-offs. When people ask this question I normally question them asking. What you do for leaving? Many answer mobile shop, owner of petrol pump, jewellery shop, hardware shop etc . Time, emotions, analysis and capital are some key pillars of trading. And trading is a different game. Everyone can play but there are few who are good at it, like Sachin in cricket.

I am not a trader but would like to call myself an analyst. I don’t spend 24*7 out seeing market. Yet I made around 12% to 51% profit out of 10 stocks in September. You can be a investor can do handsome money.
Do you know in ancient time there used to be a percentage of farmers, a percentage of carpenters, a percentage of blacksmith etc etc. every city was balanced that time son of a carpenter will be  a carpenter.  If your family /your business is doing well. Then, why you need trading? Investment is smartly a good decision compared to trading.

“Hope this article bring some change, in you”

ALL THE BEST

Friday, October 19, 2012

Analysis on Biocon

I need to be back by 8th October. But there was some delay in my college admission due to which I was not able to keep on updating markets. I had a constant eye over markets movement and everything went on as per my calculation. September was a good time. Most of my stock gave a 12-50% return and it was pretty good compared to last time (Nov2011) which gave 12& 35% return from 2 stocks.

It’s over a couple of days that Biocon is looking potentially good and the reason are as follows:

  • Candle-Stick Analysis: As per know we are not seeing any bullish stick forming but from last 2 days there is a positive action from market side.
  • Indicators: Both the indicators MACD as well as RSI is showing some divergence. Along with it we are seeing MACD very near to 0 line. And I personally feel that it may show some bounce.





  • Moving Average:

  1. 7DMA-Bearish
  2. 20DMA-Bearish
  3. 50DMA-Bullish
  4. 100DMA-Bullish
  5. 200DMA-Bullish
Crossovers: we have seen Golden Crossover along with that we are about to see a crossover of 100&200DMA. Most of all MA are bullish except 7&20DMA which  can be ruled out.


















  • SAR:




Conclusion: The stock is has shown a good support for 50DMA. Indicators like MACD and RSI are showing some bullish divergence. MACD is very near to its zero level and I expect some bounce. if we witness a reversal, the swing that we see will be not much more that 16%.  If the stock continue to fall  257 will stand as a good support, if not 243.

Strategy: Can take a risk to grab with a good stop-loss  



H&S Pattern in Axis Bank


Saturday, September 22, 2012

Technical view on ABB Ltd

It is a long time that I left ABB Ltd, I thought it is not having any upside potential. The stock is near to its high and I was looking for a better pattern to form in this stock. During a recent analysis I found some positive potential things which can kick this stock high, and they are as follows:
  • Candle-Stick Pattern: On Friday, we witnessed a  engulfing pattern in this stock.

  • Indicator&Divergence: The stock price has been making a LH and we are seeing RSI making HH along with that we have seen RSI being sentimental to 30&70% buy and sell levels. Which is an indication that the stock may fall in further days. On other hand we are about to see a MACD zero-line crossover. If we see this happening we may find this stock on bullish side.

  • Trend-line and SAR: The stock is having a resistance around 767/823/873 and the stock is having a recent support between 700-710. The trend-line is also posing a hurdle for this stock.

  • Fibonacci levels:

  • Conclusion: if we seen this stock crossing above 770 we can surly make a profit of 10-12% with a span of 2-3 months. A caution is recommended as this stock is sentimental with RSI's 30&70% levels. we have recently seen this stock above 70%. Have an eye on divergence





Wednesday, September 19, 2012

ACC Ltd

Since June we have seen ACC Ltd souring high giving a profit around 23%. It is very recent that I saw some unhealthy pattern forming in ACC Ltd as follows

1.      Rising wedge: we are seeing a rising wedge pattern forming in ACC Ltd. We saw a bearish breakout in this stock on August. After which we saw a bounce back at 1290. As per know the stock is in a bearish condition.

2.      Divergence: In spite the stock is making a HH, but MACD as well as RSI is not able to form HH and we are seeing a HL thus forming a divergence in this stock.


Some important supports



Conclusion: The stock is not looking bullish, we may see a consolidation within few days


Tuesday, September 11, 2012

Praj Industries, Bulls Waiting



It’s a long downtrend for Praj Industries one of Rakesh jhunjhunwala stock. After a long fall I just spotted a Divergence in this stock along with few attractive things, RSI is below 30 and MACD is about to make a Positive crossover. Market sentiments on this stock isn’t so good but worth caching it above 45 for a long or medium term

 For me 50/57/67 look good resistance for the stock



Monday, September 10, 2012

Tilaknagar Industries, Technically Strong



We have recently seeing a Regular Bullish Divergence in RSI along with it we are seeing a Bullish Crossover in MACD. For Tilaknagar Industries there is a good resistance at 46, so we can take it as a conformation and start hunting for this stock.



The Targets for the stock are as follows




Tuesday, September 4, 2012

Three reason, why Tata Steel look attractive?



Reason one: Recently we have seen Tata Stl making a bullish engulfing
Reason two: RSI is giving a buy signal
Reason three: Divergence in both RSI and MACD making this stock an attractive one.

Sunday, August 19, 2012

Technical View: Mastek Ltd


The company is bullish and look attractive. The company had recently broken one of its resistance and heading high. My 1st target is around 190 and 2nd at 210.  The company is expected to give a profit of +20%


Technical View: Syndicate Bank




Syndicate Bank is seeing attractive compared to stock like SBI. Technically, MACD is about to make a positive crossover. The resistance at 98 is causing little hiccup rest. Secondly, we have seen little violation in trend line.  
If syndicate bank is a bet know, it may help fetching some at least 9% profit.

Friday, August 17, 2012

Technical View: Bharathi Airtel


Bharathi Airtel looking too week is in a down trend, but on a keen observation I found every time it make a new low we saw a consistence throw back giving a profit of 12-23%.
Smart traders can make profit “Holding a falling knife”


*T&C APPLY 


Thursday, August 16, 2012

TA on Request: Jain Irrigation


Jain irrigation according to me doesn’t look profitable and lack with upside potential. When I look over technical it is not bad until and unless it is below 76, if Jain irrigation manage to come below 76 it is going to break the latest bullish trend.
Jain irrigation is having a support at around 74-75. If it fails to manage that support. It is going to follow the downtrend as shown.
  

Additional Information:
Jain Irrigations Ltd: JPMorgan has an underweight on Jain Irrigation and they have slashed the target to Rs 65 from Rs 105. The revenue flow from their micro irrigation business has started to shrink and the balance sheet matrix has not shown any improvement. As a result the debt on the books remains high.

Source: Economic Times 

TA on Request: RIL



The reason why I asked you not to sell Ril?
According to me you made a quick hurry. Reliance had just crossed one of its resistance. I had told you it is having potential to yield you minimum of 7% profit. Today reliance traded with a pretty good volume




Technical View: Rcom



After looking around 10 trading days I think Rcom has finally found its support. Yesterday, we witnessed a MACD crossover. According to me RCOM is looking a “Technically best buy” at these levels.