NIFTY

Showing posts with label NIFTY. Show all posts
Showing posts with label NIFTY. Show all posts

Saturday 21 July 2018

Nifty Pass the Stress test of New High


Markets turned out to be extremely volatile this week taking even the experts by surprise as to which way the market is heading. Corporate numbers were not appreciated even after delivering robust set of numbers which is a cause of worry. HUL posted a staggering 19% PAT growth but the stock was down by 7.6% post results. Mahindra CIE, JK Tyres and Mindtree had all delivered great set of numbers but still the stock prices were hammered which throws an important signal that the upside is limited atleast in the near term. Although markets are likely to touch new highs to test the strength of the bulls but given the internal weakness it seems more likely that markets would recede from its high levels and make a failed top.

Currently, the sentiments are low which comes from the fact that IPOs are getting below average response. However, all that is going to change when HDFC AMC comes out with its IPO next week at an attractive value proposition. The euphoric response to such an IPO could possibly mark the top in Nifty. We do recommend subscribe HDFC AMC from a long-term investing perspective.

Events of the Week:

The Government is planning a breakthrough policy decision which will decrease the logistic costs for the economy which is currently as high as 16% compared to global average of 10% to 12%, by allowing truckers to increase the load factor by 20-25%. This may lead to a slowdown in CV sales and therefore some companies may be impacted but it is good for the long-term competitiveness of the economy.

Technical Outlook:

Nifty50 is likely to touch previous highs after a small consolidation phase. Still the indicators have not reached over bought levels which make a strong case for Nifty touching 11170 levels in the short term. Momentum is intact which should allow Nifty to test higher levels. Given the breadth of the broader market is weak; there is every likely hood that higher levels will not sustain. Traders should buy with today's low as a stop.

Expectations for the Week

Since the Parliament sessions are going on some amount of political conundrum could drive market volatility. It is expected that reforms agenda will get accelerated which would be positive for the markets in general. Investors must maintain a cautious stance, as the year ahead is heavily clouded by political drama. Contra bets in Metals, Realty and Housing Finance companies which are heavily beaten down can be good bets going forward. Quarterly earnings of a few companies such as ACC, Asian Paints, Ambuja Cement, Indiabulls Ventures, Hero Motocorp, JSW Steel would be important to watch. In general Investors should now adopt wait and watch policy before taking fresh investment positions. Nifty50 closed the week marginally down by 0.07% to close at 11010.20.

Note : Any blog OR content suggestion you have , please mail me on prabhakara.dalvi@gmail.com

Wednesday 23 August 2017

Day trading guide by money guru for 22-24


About nifty around 50,70 DMA is placed a trade is good for long and short terms. F&O expiry is coming and showing negative with the technical negative indication. My RSI, Money Flow, MACD - going southwards it's shown calculation short term points view for traders.

Stock pick by Digital money guru  ---

Icici bank - as per average and volume RSI in short term going range to 315.

Grasim -  money flow and macd showing positive upgoing with 60-80 points

Acc - with head and shoulder pattern suggest hold gain above 52 week high..

PSU bank - SBI is my favorite, BUY it who wait for 3 months.

Bajaj finserve - tech point is shown BOOK SOME PROFIT….alert

Hcl and Wipro - wait and watch for DOLLAR


EXPIRY - F&O

Tech positive on DLF, STRIDE, IFCI, BEML

Negative on VGuard, TVS motor, BHEL, Gail

Try-

Aptech, Infosys, Adlabs, Bafna pharma, UB holding

(please concern with BROKER before transacct)

Any query send me on prabhakara.dalvi@gmail.com / call me on 9664509906

Note: Any blog OR content suggestion you have, please email me on prabhakara.dalvi@gmail.com

Tuesday 22 August 2017

SMART Investment Trend by Money guru for 21-26


In this week, we face market up-down with lot of trendy news.

As a investor i wait for good times for  investment below NIFTY going below 10000-9500.

In this market for long term investor don't see risk reward level for earning more double.

This stage assume and analytics with liquidity extend support trend in market.

Flow of DII like mutual fund increasing at support level but FII draw some amount from market. With global appetite and local appetite market going different way.

In earning cut from corporate world its fear for  long term investor and also bad for market. retail investor wait for who magically invest in large like goldman or any big bull. 

Tough time for  some sector with ghost named GST, after demonetization every company carry affected balance sheet to market, with result investor not looking good face.

With Money guru, i see improvement and hope for  cyclical IT sector.