Swing Trading

Interesting views of Warren Buffet- Stop Coddling the Super-Rich

2011-08-16T00:02:00.000+05:30

Greetings for Independence day !

There is an interesting article by Warren Buffett.

You can read full article by clicking on this link.

http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html

Nifty may retrace to 5650-5700. All Eye on Infosys results.

2011-04-12T23:21:00.001+05:30

Nifty has had a negative closing week after a strong run up to key resistance level of 5950.It may retrace back to 5650-5700. This zone offers a good buying opportunity. Market will look for Infosys results to be announced on next Friday.
Meanwhile , Pharma stocks are showing some signs of strength.Ajanta Pharma has made multiple bottom at 195 and offers good buying opportunity at 220-225 with strong support at 200 and the next target seems to be 250-260-270. It has broken out with huge surge in volume.Biocon and JB Pharma are another stocks in this space which are showing relative strength. Here one thing is to noted that JB Pharma is trading at life time high and life time highs should always be bought.It has support at 130 and traget is 200.
Something is happening in Graphite space.Stocks like Graphite India and HEG are showing buying patterns on the charts.

Nifty above all moving averages

2011-03-28T09:05:00.001+05:30

Nifty broke out of the trading range of 5400-5550 and broke out of this range and closed above all the moving averages . Nifty may find base here and then move upwards.

Banking stocks are strong on charts. Bank of Baroda, Yes bank are poised to move up. Raymond has also broke out with good volumes.ABG ship yard, VIP can also be bought on dips.

Geopolitical events will lead to volatility

2011-03-13T14:32:00.001+05:30

Nifty again found support at 5400 again for the second time in the last week and closed at 5445. Now 5150 and 5250 remain two key support levels and resistances are at 5530-5550 and 5600.

For the coming week market participants will closely watch the damage caused by the tragedy and destruction from Japan's massive earth quake and tsunami. There will also be concern about the potential for more unrest in the Middle East, and have lingering fear about Europe's sovereign debt problems. The market is also likely to get affected by the direction of oil price.

Therefore, market may remain volatile in the coming week.

Bata India, Jubilant foods, Coromadel are tarding above all the moving averages and are showing relative strength.

Nifty above 5300 : needs to sustain above it

2011-02-14T08:54:00.000+05:30

Nifty did go below 5300 thus violating a crucial pivot point but had an equally sharp bounce back. The improvement in geo -political situation may also improve sentiments and lower crude prices will augur well for Oil Marketing companies like BPCL, HPCL and IOC.
Banks stocks had a sharp bounce back and may continue to rise further. Budget related stocks from fertilizer sectors like United Phosphorous are expected to do well .
Jubilant foods , Kiri dyes are good long term bets at this satge.
Inflation is expected to cool down in coming months and China is also tightening its credit policy this will result in softening of commodity prices which again help in cooling off inflationary pressure.Therefore, this dip offers an opportunity to buy with 25 % of your capital ( out of capital allocated for equity investment)

As long as Nifty is able to trade above 5300 the longer term bull market remains intact.

5300 is crucial now : Buy Kiri dyes in small qunatity

2011-02-07T08:42:00.001+05:30

Nifty made a down move as we wrote this probability of its going down in our earlier post. Now as per the Dow theory as long as Nifty is able to trade above 5300 the bull market remains intact . Nifty going below 5300 will be a sign of reversal of uptrend on weekly charts . If this happens then then the long term trend line on Nifty weekly charts will be violated and the markets will be in bear phase.
Lets see how the events fan out in the coming week. Rising Inflation is already priced in. Geopolitical tension is likely to subside and back home the focus will be on budget session.
Pharma , Fertilizer and IT stocks will be on our radar .

Kiri dyes and chemicals offer a good buying opportunity for long term investment of one year horizon. One should buy in small quantity by buying 25 % at a time.

Nifty Below 200 EMa: Inflation and geo Political Head winds take toll

2011-01-31T09:04:00.003+05:30

Nifty is now trading below 200 EMA . Rising food inflation, Geo Political Tensions in Egypt resulted in negative sentiments. We see some more downside till 5300-5400 levels with bouts of volatility in coming few days. Thereafter market participants will look for the union budget and how the Government plan to go ahead with reforms. Banking stock have corrected a lot and offer opportunity to buy at every decline.Though development in Egpyt may see rise in Crude oil prices and fear of third oil shock.

History Of Nifty Corrections

2011-01-16T22:40:00.000+05:30

Nifty was able to close a tad higher above 200 EMA on Friday . readers of this blog may remember that as per the Chart History this correction to 200 EMA was on inevitable.
One can refer to our earlier post on this topic:
http://swingtradingideas.blogspot.com/2010/11/history-of-nifty-corrections.html

Rising food inflation, Rising Interest rate , Fear of European debt crisis will play for short term and many analyst will predict a bear market and ask investors to stay away from this market. But just going by Chart History these corrections to 200 EMA or even below it are common .
If we track history of Nifty Charts from 2003 : start of bull market then Nifty traded below 200 EMA in June 2004 , April 2005, June 2006 , July 2006 and March 2007 and after breaching these levels it bounced back above 200 EMA and resumed its uptrend. In the present scenario the same thing will happen at the worst Nifty may retest 5500-5550 . Nifty may form a base here , there is no Euphoria like we witnessed in January 2008 . Therefore, these corrections offer buying opportunities.

Jindal Poly : on the verge of breakout

2011-01-04T08:33:00.000+05:30

Jindal Poly had very interesting pattern on charts . It is consolidating with narrow daily range and without retracing below 20 EMA. It has been trading in a range of 15-20 points for the past four days .The volumes are also low which shows accumlation .Once the stock is able to trade above 545 then it may see explosive moves which can take it to 600 and 620 .It has strong support at 500.
Voltas and godrej Industries have also seem to come out of woods.

Power of Chart Analysis

2011-01-04T08:24:00.000+05:30

We posted earlier on our blog about the chart patterns of Orchid Chemical, Lupin, Bio Con, TaTa Chemiclas , Arvind and Nagarjuna Construnction.
The bottoming out patterns were there and once Nifty was able to take the key resistance level of 6070 there was no looking back for these stocks.
We were early to identify the pattern and once market support was there these stocks out performed. Therefore, one need to identify the chart patterns , identify low risk entry areas and then wait for the things to fold out .

Happy New Year

2011-01-02T19:58:00.002+05:30

Wish you all a very happy new year 2011.

LUPIN : Is the correction over ?

2010-12-29T09:06:00.000+05:30

Lupin has consolidated on daily charts and it closed above the previous week high. If it is able to close above 466 then it will be two week high closing for this stock.On the backdrop of sectoral tail wind this stocks may move higher to its resistance levels of 480-498. It has got multiple support at 445
Trade less, trade well

Merry X mas

2010-12-27T09:11:00.001+05:30

Nifty was bale to able to regain 6000 on the last day of the week.
There are a very few sectors that are taking the Nifty up.
From the pharma pack Sun Pharma, Orchid Chemicals and Bio Con looks strong on charts.
Tata Chemicals and Nagarjuna construction seem to have bottomed out.
Mid cap space is showing lots of buying interest and some of the fallen hero like Crew Bos, Hanung Toys etc may show some more upside from here.
Tata Chemical has support at 380 and res are at 416/ 425

Food Inflation :

2010-12-24T08:37:00.000+05:30

We posted on our blog earlier in November that food inflation is here to stay.
http://swingtradingideas.blogspot.com/2010/11/food-inflation-is-here-to-stay.html

Yesterday these factors coupled with some more internal factors resulted in lackluster session. As far as Nifty is concerned 6070 remains a major hurdle. On charts Nifty is making lower top . On the other hand 5900-5950 remains strong support.
Orchid Chemical looks strong on chart and so does Vijaya Bank. But overall Banking sector is not performing therefore, sectoral tail wind is not there for Vijaya Bank but its a buy on dip stocks.
Pharma and IT sector may remain isolated from rising inflation and Interest rate worries .

Metal Sector outshines : Bhushan Steel

2010-12-22T08:48:00.001+05:30

The sectors which we described earlier moved as per the probability we foresaw.
Bhushan steel seems to coming out of consolidation and has potential to move up to 490 - 500.
On LME Copper is making new high . Sterlite has a very choppy chart . It has multi support at 160 and 180-190 is resistance zone.
As far as Nifty is concerned the level of 6070 is very important. Once it trade above this level for few session then only we can see some more upside.

IT, Oil and Gas, Metal & Phrama may provide support to the broader market.

2010-12-20T08:45:00.000+05:30

Last week though truncated saw Nifty having a positive closing supported by IT, Metal and Oil & Gas sector.
We believe these sector may provide support to Nifty. Nifty has a stiff pivot resistance at 6070. Once it is able to trade above this level then only we can expect some more upside to 6150-6200 lvl\s.
Aurbindo Pharma is poised to make a new high.TCS and Infosys may surprise us on upside.

Will Reliance provide leadership in 2011.

2010-12-15T08:54:00.000+05:30

Markets are inching back to upward resistance levels with lots of worry in short term which may result in some volatility.
Metals stocks have done well in the recent pull back. Reliance has provided support to the Indices. Banks are still under performing. Will Oil and Gas , Infra and Metal will provide leadership in next bull run ? We will be tracking these sectors closely .
Will Reliance provide the leadership in the next year? Is has multi support at 900-950 and stiff resistance at 1140-1150.
We are also presenting here the monthly chart of Reliance.

Time to sip coffee

2010-12-01T08:54:00.000+05:30

Markets are still volatile but Nifty managed to close above 100 EMA amids lots of news flow both positive and negative.Resistances are at 5930-5950 and supports are at 5800-5850.

In this recent carnage some of good stocks got hammered for no apparent reason . They have corrected to 200 EMA and now are showing resumption of uptrend.
Tata Coffee CCL are some of the stocks one should consider. Tata coffee has good support at 480 and resistance at 590.
Small PSU banks like UCO bank , Vijaya Bnaks are showing good buy patterns on charts.

Nifty may trade in a range and action may shift to individual stocks .

Trade less, trade well

We are not out of woods yet

2010-11-23T08:49:00.002+05:30

Yesterday Nifty pulled back to 6000 levels.But the Euro zone problem is still showing no sign of being resolved for some more time . Therefore, market may remain volatile in short term with biases on downside. Nifty may correct to 200 EMA which is at 5500 and 5550 was the breakout level of this up move which terminated at 6330 . Nifty may restest this breakout level of 5550
From here two probability emerge:
1 Market may pull back to recent high and then correct
2 market may correct from here and then pull back to recent high and make new high .
Either way a correction is inevitable and healthy for the market and after a decent correction we will see new high.
Consumption story will play on . TTk Prestige, Jubilant Food, Bata, VIP, Amar Remedies, Titan , Uflex , Orchid Chemicals should be on your radar and correction should be used to buy these stocks.

History Of Nifty Corrections

2010-11-17T22:49:00.002+05:30

Nifty is in correction mode. If we go by the history of Nifty it has tendency to correct to 200 EMA . It has done so many times .It has traded below 200 EMA and then bounced back. We are presenting below Nifty daily chart:

Nifty is trading below 50 EMA and you can see it has breached a short term trend line . As per dow theory now the next support is at 5930 which can also be taken as Pivot. If you look at the chart the support area as per the candles is around 5900. If Nifty is unable to trade above 5900 then it may retest 200 EMA.

You can also see that in recent past it has traded below 200 EMA and then bounced back. Therefore, looking at the history one should be prepared for this eventuality. If Nifty on any day closes below 5900 then one should exit from all long positions . At present global and domestic environment are not conducive for a sharp upside . Food inflation is here to stay despite the tightening measures being taken by all the Central Banks. One of the major culprit for this is the climate change which is resulting in fickle weather, untimely rains. Of late , rains in Maharastra has led to sharp rise in onion price. The flooding in Pakistan and Thiland has caused rice price shooting up .

Videocon and Lupin

2010-11-11T09:04:00.000+05:30

Videocon Ind has mad a multi bottom at 258 and has developed a range at upper prize band being at 270.Traders should watch for breach of either of these levels .
Lupin has had a closing at life time high and is poised to move higher from here

Tata motors and Amar

2010-11-10T08:46:00.000+05:30

Tata Motor has come out with better than expected results.The JLR has once again helped it to improve the margins. The stock is trading at all time high and may again move up and is a good long term buy.
HUL has also trading at ten year high.

There is another stock which trading at life time high and has a very strong pattern on chart. Amar Remedies is slowly and steadily climbing up with strong volume.
We believe from here on market is going to be stock specific. Stock selection is going to be key . Watch out this space for stock ideas.

Happy Diwali

2010-11-05T17:41:00.000+05:30

We wish a very Happy Diwali to all our readers.
Markets has already given us reason to celebrate the festival of light.
One should look for Domestic Consumption story as a theme for this year.
We will discuss about it more in coming days.
Nifty has zoomed once it crossed past 6150 , the level which we were talking about for the past one week.

Trade well and trade less

Shipping Sector

2010-11-03T09:02:00.000+05:30

As we expected yesterday Nity had a flat session but shipping sector as a whole zoomed and came out of troubled water with GE Shipping cruising ahead of all. MLL and SCI also followed it. Now for GE shipping the pivot is 340 and if it can retest it then its a good buying area. For initiating long at this stage 340 is support and resistance is at 400.

Some fertilizer stocks also showed upward traction. Manglore Chemical and Fertilizer has support at 41 and resistance at 50-55
Today Nifty may trade above 6150 and if it closes above 6150 then we may see it facing hurdles at 6230-6250
Trade less , trade well

Food Inflation is here to stay

2010-11-02T09:03:00.000+05:30

RBI is once again in dilemma over the rate hike . It is on the one hand worried about rising food inflation and on the other hand its also worried slowness of growth.
Well, in my opinion it would be a difficult task to tame the rising food inflation. Despite the good monsoon what we are facing globally is fickle and erratic rain fall. In our county we had floods in UK, Punjab which affected paddy crop . We had drought in Bihar and had scanty rainfall in some parts of the country. The area under agriculture is getting reduced day by day and after the Green Revolution there has been no serious efforts to increase the productivity.
Irony of this rising inflation is that the farmers are still not getting the benefit of higher food price . We will talk about it in detail in some other time.

Today market may remain flat and volatile ahead of the key events.
Keep HDFC and BPCL on your radar.

ICICI Bank

2010-11-01T08:54:00.001+05:30

ICICI Bank was up more than 6 % on last trading session on the back of better than expected Quarterly result. This stock has now support at 1105 and resistances are at 1245-1275 and 1300.
Bajaj Auto has support at 1480 and resistances are at 1540-1580 and 1615.This stock is coming out of downward sloping channel and has consolidated a lot.

If Nifty is able to trade above 6150 then we may see some more upside provided RBI credit policy and Fed QE goes well with the market.
Nifty has got supports at 5930-5960 and resistances are at 6150.

Trade less, trade well.

Nifty : Head and Shoulder

2010-10-29T08:20:00.000+05:30

We had posted on this blog about our downward biases on Nifty. Though yesterday market had a volatile session but at the end Nifty had a weak closing.
On daily chart Nifty is making head and shoulder formation and the neck line is around 5950-60. If this neck line is broken and FIIs inflow dries up or some money is taken out then there is hardly any support from Domestic front.
The target for Nifty if the neck line is breached comes around 5650-5700.
One should remain cautious and should wait for the reversal in trend.

Aviation Sector: Jet Airways and KFA.

2010-10-28T08:18:00.000+05:30

Yesterday Nifty tanked down Now the main pivot is at 5966. If Nifty is unable to trade above this level then traders should exit from all short term positions.Nifty is ranged and its boundaries are 5960-6150.
Market can not remain in this range forever . It has to come out of this range at present the biases are on downside.If 5960 is taken out then we may see 5800 also.

Aviation sector as a whole stood the onslaught which was witnessed yesterday. Jet Air, King Fisher Airlines and Spice Jet saw jump in price with surge in volume. Our swing trading ideas Arvind Mill also outperformed.
King Fisher Airline has got support at 79 and resistance at 86-90.

Trade less, trade well

Banks outshine again

2010-10-27T08:34:00.001+05:30

PSU Banks are outperforming in this ranged market.
Dena bank had a spectacular closing yesterday with large volume and this stock can be accumulated at every dip.
Crew BOS has support at 185 and resistance is at 230. This stock also closed at new high.
Textile sector is another space which is outperforming the broader market. Keep Arvind Mill on your radar.
Markets may remain volatile on the back of future and options expiry.
Nifty has support at 6030-6050 and resisatnce is at 6150

PSU banks as a sector outperforms

2010-10-25T09:18:00.000+05:30

Banking space is the one space where one is going to make money consistently.

Andhra bank, Allahabad bank, Canara Bank all are trading at new highs and any dip should be used to buy.

Karur Vyasya Bank has come out of consolidation and may face resistance at 590-610

Trade less, trade well

Canara Bank and Central Bank zooms

2010-10-22T08:56:00.000+05:30

Yesterday we talked about Canara bank and Central Bank and both of them performed well. Though market also supported the move but nonetheless both of them had a very good chart pattern.

Markets had a smart rally yesterday. Some of stocks made a new high after a long consolidation.

Bhushan Steel and United Phos are the two stocks which saw a sharp run up to new highs .

Bank of India has also seems to have resumed its uptrend.

Volatilty may continue

2010-10-21T08:55:00.000+05:30

As we have previously discussed that Nifty is in correction phase and the correction is not over. Volatile session will be witnessed and its very difficult to trade Index future during this phase. Pivot supports are at 5963 and 5930. Nifty is weak as it is trading below 20 EMA.

Canara Bank, Central bank, Dwarkesh Sugar, Castrol looks good on chart . One should trade with small quantity and most of your money should be in cash so as to take advantage of better prices and to avoid getting whipsawed in these turbulent times.

Smart recovery but the correction is not over

2010-10-19T08:53:00.001+05:30

Yesterday Nifty bounced back from key support levels but the correction is far from over . It needs to close above 6180 .Going forward Nifty may remain volatile as result season kiks in and may trade in a range.

Bank of India can be bought on intraday basis with stop of 524 and possible target of 538-550.

There are some stocks which are in correction mode but may come out of it and resume uptrend. Mcdowel, Exide and SRF fall into this category. Keep them on your radar . Of these three SRF looks strong on charts.

Nifty is at support level : Textile Sector in Focus

2010-10-18T08:52:00.001+05:30

Nifty is trading at crucial support levels. Liquidity may tighten up a bit on the back of Coal India IPO but 5960-6030 are support areas.We may see a pull back to 6150-6180 levels
Textile stocks as a sector has shown momentum build up.Garden Silk, Raymond, SKumars are good bet.
Arvind has support at 47 and resistances are at 60-62.
Uflex has support at 290 and resistance at 350.

Shipping Stocks Zoom

2010-09-29T08:48:00.000+05:30

Yesterday shipping sectors saw momentum on the back of short covering and initiation of some long positions.

Though most of the stocks have been trading in a range GE shipping may break out of the range . The upper part of the range is at 325 and once it trades above it then it may zoom to 340-350.

Bank of India and M & M closed at life time high and they become a buy on dips stocks.

Oriental Bank of Commerce has support at 448 and resistances are at 476-500.

Berger Paint

2010-09-28T08:59:00.000+05:30

Nifty showing somecsign of tiredness and frontliners are also showing pause .

Welcorp has support at 255 and resistances are at 275-280

Berger Paint has support at 106 and resistances are at

123-130

TCS and Crew BOS

2010-09-27T08:40:00.000+05:30

With the current momentum we are discussing here a few swing trading ideas for the week.

TCS has support at 920 and resistance at 958
Axis Bank has support at 1460 and resistance at 1570

Crew BOS has support at 163 and resistance at 185

Godrej consumer has support at 390 and resistance at 470

Trade less, trade well

HUL comes out of 9 year trading range

2010-09-26T17:35:00.001+05:30

Every bull market has new leaders. This bull market is also led by the new leaders.
Hindustan Uni Lever has been trading in a range of 126-306 for the past 9 years. It has broken out of this range in the tenth year. It has done so on the back of huge volume.Now this stock is in no resistance zone and from here it may go even further and immediate target is 400-450.
This stock also made a all time high of 323 in the year 2000. One should buy this stock on every dip.

We are presenting below the yearly chart of HUL .

There are some other stocks who fall into this category. ITC is also trading at life time high.

Oil Marketing Companies BPCL, HPCL, IOC are also trading at multi year high . Some other stocks are SBI, Tata Motors , M & M , HDFC Bank, HDFC, Infosys , TCS and Axis Bank.

These all are front line stocks which are providing leadership to the current rally.
These are the new leaders of this bull run

Nifty at resistance

2010-09-24T09:00:00.000+05:30

After having run up sharply Nifty is now facing hurdles at higher levels.It has support at 5800.
Meanwhile , stock specific action is seen.
Lupin had closed at life time high and every pull is an buying opportunity. 370 is support area and it can touch 450 on higher side

PTC and PFC have also resumed their uptrend after corrections. PFC has support at 330 and resistance at 360. PTC has support at 110 and resistance is at 130.

Trade lesss, trade well.

APIL

2010-09-20T08:28:00.000+05:30

Nifty is still showing strong momentum. Stocks from the strongest sectors like Bank, Auto, Oil and Gas are still gaining grounds.

APIL has support at 755 and resistances are at 804- 840.

Trades less, trade well

Life at 5860

2010-09-15T22:52:00.002+05:30

Nifty has had a non stop rally for the last ten day , usually going by history the maximum continuous up days are limited to 7-9- 10 and 13 days before the rally stops.Therefore, its time to tighten your seat belt, take money off the table and wait for low risk opportunity.Nifty has now strong base at 5400 and 5550-5600 can be retested.
Bank Nifty has been the leader and it has not made new high for the past two days.Time for correction ? Well, if it closes below 11900 then only we may see some weakness creeping in.

Our list of momentum stocks which we discussed on this blog on 5th September has outperformed the broader market.

Andhra Bank and Ipca Lab

2010-09-13T08:33:00.001+05:30

"It is incredible how rich you can get by not being perfect."

Nifty is all set to make new high. The momentum is strong so ride it.

Andhra Bank has support at 152 and resistances are at 167-175

Ipca Lab has support at 290 and resistances are at 327-350
Trade less, trade well

Nifty breaksout but 5680 is stiff resistance

2010-09-07T08:43:00.001+05:30

Yesterday Nifty made a new 31 month high on the back of better job Data from US. European markets also surged up after the summer vacations .
We talked about importance of RIL in our previous post and yesterday RIL provided support to Nifty.RIL is now taking support at 900-920 zone and this area provides opportunity for some bottom fishing. Similarly Sterlite has multiple support at 150 zone and this can be considered as good buying zone.

Nifty has now support at 5480-5515 and resistances are at 5680. Going forward in short term upward seems limited and instead of getting euphoric about this breakout one should think of taking money off the table and wait for some low risk opportunities to enter again.

GSPIL and IOB

2010-09-06T08:19:00.000+05:30

Nifty last session on Friday activities in Rice stocks and Fertilizer stocks. Stocks like Lt Food, KRBL, Kohinoor, Deepak Fertilizer , NFL, RCF saw price volume breakout .
Nifty may trade in range with upward biases.

Tube Investment is a buy above 133 with stop of 125 and resistance at 150.

GSPL is a buy above 119.50 with stop of 115 and resistance at 130.

IOB has support at 129 and resistances are at 140-155.

Trade less, trade well

Momentum stocks

2010-09-05T22:30:00.000+05:30

Nifty is trading in a range though September has traditionally been a lackluster month and bottoms are usually made in October month we can expect a ranged bound market ahead.

This weekend I reflected on mid cap theme which is the area where smart money is pitching in and offers money making opportunities for traders. These mid cap stocks are also showing tremendous strength as they come back from the retracement sharply and make new highs.
Let us discuss these stocks
Banking sector has been the leader but there are stocks like Central Bank, Corporation Bank and Karur Vysa bank which are very showing good momentum.There are other stocks like State Bank of Travancore, State bank of Bikaner, State Bank of Mysore ; all these stocks are up on the back of merger news with SBI but they have run too fast .

The other group is Consumer Durables where Videocon Ind Bajaj Electicals Hitachi Home, VIP, IFB , Panasonic, Whirlpool are showing momentum.

Another category is auto , auto ancillary and Bicycle stocks. Escorts, VS Motor,Atlas, Hercules, Motherson SS, Suderram, Asahi Glass, Exide , Amar raja Battery Castrol, Auto Ind , Apolo Tyre, Ceat and JK Tyre are zooming .
Wellness stocks like Zydus Wellness, Talwarkers are also good bet .

Mid Cap pharma Like Amar Remedies ,Wockpharma Ajanta, Natco, FDC is another space
Stocks and allied like Ruchi Soya, Jubillant Foods, Venkeys are also food for thought .

Travel and leisure stocks like Cox and kings, Thomas cook is another space to look for.

There are some stocks like Hanung , Bata India , IGL, Vguard , Deepak Fertlizer , Tata Chem, GSPL, Petro net , Godrej properties and DCM which are trading in a new territory.

How to trade these stocks ?
The best way to but these stocks is during dips/ corrections. keep them on your radar or make a watch list.

A furious global rally

2010-09-02T08:41:00.000+05:30

Yesternight rally in all across the global market will make Nifty to once again regain 5500. The major support of 5350 was held and the re bounce from those level may hit the wall again at 5550. Yesterday RIL moved up it it is able to have a Technical bounce the Nifty may trade at new highs.
At present every dips seems to buying opportunity.

Crompton Greves has support at 296 and resistance is at 350.

On mobile has support at 320 and resistance at 350-360.

Trade less, trade well.

We may trade in range again?

2010-09-01T08:23:00.001+05:30

Nifty bounced back from major support area of 5350 yesterday. going forward 5480-5520 are key resistance areas.Those are good areas to go short on Nifty with stop at 5550.

Auto, FMCG and select pharma stocks bounced back. One should trade on the long side with low quantity as we are not out of woods yet.

Dr Reddy has formed multiple bottom on char and 1320 is major support while 1360-1370 is stiff resistance if the stocks is able to trade above the resistance areas then it may go up to 1410-1430.

M & M has support at 610 and resistances are at 637-646-657.

Nifty is at 5400 and RIL the heavy weight is at new low. Had Reliance participated in this rally then imagine where Nifty would have been !

Nifty is in short term downtrend

2010-08-31T08:33:00.000+05:30

Yesterday Nifty tried to trade above 20 EMA but failed to recapture it . Today it may trade below 50 DMA .
Its in short term downtrend and resistances are at 5450- 5480 and supports are at 5300-5350.

On the up side Hotel Stocks may see some interest on the back of EIH and RIL deal.
EI Hotels has support at 137 and resistances are at 172-200.

Jim Rogers is bullish on Agri Commodities and Gold

2010-08-30T21:59:00.001+05:30

Rogers is bullish on the agricultural commodity space.He siad it on CNBC

"There are 3 billion people in Asia, and most of them had not had a very good standard of living in the past 100 or 200 years. That's changing and changing very rapidly. They're going to eat more, they're going to wear more clothes…so agriculture is going to do very well."

You can read in detail :

http://www.cnbc.com/id/38913263

Trading in the zone : Mark Douglus

2010-08-29T17:42:00.003+05:30

Mark Doulus in this book elaborates about getting consistent performance ;

CREATING A BELIEF IN CONSISTENCY

Creating a belief that "I am a consistent winner" is the primary objective, but like my intention to

become a runner, it's too broad and abstract to implement without breaking it down into a step-by-step

process. So what I'm going to do is break this belief down into its smallest definable parts and then give

you a plan to integrate each part as a dominant belief. The following sub-beliefs are the building blocks.

Thinking Like a Trader blocks that provide the underlying structure for what it means "to be a

consistent winner."

I AM A CONSISTENT WINNER BECAUSE:

1. I objectively identify my edges.

2. I predefine the risk of every trade.

3. I completely accept risk or I am willing to let go of the trade.

4. I act on my edges without reservation or hesitation.

5. I pay myself as the market makes money available to me.

6. I continually monitor my susceptibility for making errors.

7. I understand the absolute necessity of these principles of consistent success and, therefore, I

never violate them.

Most of the global markets are trading below 200 DMA

2010-08-25T08:16:00.000+05:30

Most of the global markets including the big brother Dow Jones are trading below 200 DMA. Will our market follow them ? Well, only time will tell but at present 5450 is a crucial support.

There are some stocks which are very good on charts and every dips should be used to buy them.
Zydus wellness and Castrol we have talked about them many times are still in long term uptrend .
Similarly Bajaj auto and TVS Motor.

Tvs Motor has support at 140 and resistanc at 160-170 .
Pirmal health has support at 505 and resistance at 540-547

Stock specific action

2010-08-24T08:54:00.001+05:30

Tata Global ( formerly Tata tea )has given a breakout with good volume.
It has support at 111 and resistances are at 125-130.

Polaris software ( though the sectoral tail wind is not supporting ) has support at 169 and resistances are at 190-195.

Mid Cap Ideas

2010-08-23T07:53:00.000+05:30

Some of mid cap ideas for the week based on chart patterns are being shared with you.

BajajElectriclas has made a life time high and it has support at 251 and resistance at 300.

Sunderam fastener has support at 57 and resistance at 72.

Lakshmi vilas bank has support at 115 and resistance at 150

Trade less, trade well

Mid Cap may continue to outperform .

2010-08-18T08:33:00.000+05:30

Nifty is still stuck in range. banking sectors stocks are the flavour of the season.
Mid cap may continue to outperform.

Prakash Industries has come out of a long consolidation it has support at 172 and resistances are at 193 / 197

Mcleod Russel has support at 254 and resistance is at 273.

Adani Enterprise is the stock to be kept on radar if it is able to trade above 637 then it may move up to 660-700 with support at 610.

Trade less, trade well

Happy Independence Day

2010-08-15T15:16:00.000+05:30

We wish all the readers of this blog a very Happy Independence Day

Jai Hind

Is it trend reversal ?

2010-08-12T08:10:00.001+05:30

Yesterday Nifty showed some sign of weakness in the last hour of trading session.Nifty futures also traded in discount. Going forward 5300 is a crucial support. This level is also the last week low for Nifty. If Nifty is not able to close above it then all short term long trades should be squared off.

Is it trend reversal ? Well, its too early to say about it let market tell us with confirmation. But yes the signs of wekness are developing.

There are some good stocks which should on on radar for buying in dips.

Hitachi home has broken out with huge surge in volume Its trading at life time high.Some of the other peers from this segment like Blue Star, Whirlpool are also on the similar trajectory path.
Tata Motors have also zoomed above all its resistances and is trading at new highs.
OMCs stocks like BPCL and HPCL are making rounding bottom patterns on charts.

Cement Sector

2010-08-11T07:51:00.000+05:30

Nifty as per its predictable pattern for the last few months again faced resistances at higher levels.
Cement sector saw some momentum buying and most of the stocks from this sectors are coming out after a long consolidation with having formed multiple bottoms on charts.
Century Textile, ACC, Grasim , Prism Cement all have similar patterns.Rail stocks like Kalindee rail, Titagargh, Texmaco and Kernex are also climbing up steadily.

One can go long on dips in these sector.

Heidelberg cement has support at 48 and resistance at 57.

Kernex Micro system has support at 115 and resistance at 135.

keep volumes low, trade less, trade well.

Nifty at new high

2010-08-10T08:21:00.000+05:30

Yesterday Nifty closed at new high with support from global markets.
Education related stocks like Educomp, Aptech, Everon etc showed momentum . Banking stocks which are driving the market along with select auto stocks showed upward traction.

The domestic consumption theme is still in focus with Jubilant food, Raymonds, Gitanjali Gems and IFB Ind .zooming past their previous resisatnces along with surge in volumes. These all stocks should be on ur radar and every dips should be used to buy these stocks.

Trade less , trade well

Mid Cap IT stocks on Focus

2010-08-05T08:37:00.001+05:30

Nifty did show sign of breaking out yesterday but to use the cliche now very common " Its still in range"

Shipping sector outperformed as we discussed about a few days back. Essar Shipping, GE Shipping, MLL all have shown good momentum barring SCI which we liked. Well, that's what trading life is all about. The sector moved but the one stock which also had probability of moving up did not move up.But we were able to identify the sector move this itself is a learning.

Yesterday IT stocks moved up and now if the trend continues we may see action in Mid Cap IT space.

Polaris software has support at 175 and resistance at 191

3 I Infotech has support at 64 and resistance at 71

Be Stock specific

2010-08-04T08:22:00.000+05:30

Nifty is still stuck in range . At this juncture the upside seems limited therefore one should trade light.

This market has become market of stocks instead of stock market.

Biocon has support at 314 and resistances are at 330 -334

Ruchi Soya has support at 104 and resistances are at 113-118

Will market scale new high ?

2010-08-03T08:39:00.000+05:30

.“The wise are instructed by reason, average minds by experience, the stupid by necessity and the brute by instinct”

Cicero

Yesterday Nifty was managed regain its lost ground. Bank Nifty made a new high and now it stands at those levels which we saw in 2008.
Nifty has to close above its recent high of 5450-5477 then only it may have some upward momentum. Now the support for Nifty is at 5350.
Most of the Infra stocks have come out of consolidation zone with rise in volume also.

Era Infra has support at 210 and resistances are at 235 / 250.

Shipping Sector

2010-08-02T07:52:00.000+05:30

Nifty is still trading in a range though some sectors are seeing momentum picking up. Shipping sector saw some action in last trading session. Ge Shipping, Essar Shipping, SCI all are coming out of long consolidation.

SCI has support at 155 and resistances are at 168 / 173

Tata Chemical has support at 330 and resistances are at 345/ 355.

In banking space Andhra Bank has support at 138 and resistances are at 151 -155.

Be stock specific

2010-07-28T08:32:00.000+05:30

Nifty has rallied up after the much awaited RBI credit policy.
Nifty has supports at 5350-5400 and resistances are at 5500-5550.

TVS Motor seems to be a good buy it has support at 124 and resistances are at 150-160

Momentum is expected to continue

2010-07-26T08:22:00.000+05:30

Market may see continuation of momentum. Nifty has supports at 5400 and resistances are at 5500-5550

Bata India has support at 270 and resistance at 309.

Deepak Fertilzer has support at 142 and resistance at 180

Nifty Breaks out

2010-07-23T08:29:00.000+05:30

Nifty has come out of the range it has been trading for the past five days.
Now the supports are at 5350-5400 and resistances are at 5500 and 5550.

Bombay Dyeing has support at 510 and resistances are at 580-600.

JP Associate has support at 125 and above 133 it may retest 140-150

Nifty in range

2010-07-20T07:54:00.000+05:30

In our earlier post we emphasized on Nifty trading in range for a few trading sessions. This is what happening these days. Nifty is trading in a tight range of 30-50 point. Markets do not trade in a range for longer time. Sooner or later it will break up/ down in any one direction. Which direction ? We do not know.

Most of the action is in individual stocks and PSU Banks stocks are outperforming.

Central bank of India has support at 140 and resistances are at 160-165.

Bank Of Maharastra has support at 60 and resistance at 75.

Nifty set to trade in USA from today

2010-07-19T08:20:00.001+05:30

As per the NSE now Nifty can be traded by US investors from today in Chicago Mercantile Exchange (CME) from today. CME is introducing two contracts : E - Mini and E - Micro S & P CNX Nifty Futures.US investors will be able to trade Nifty in CME Globex for 23 hours.They will not be able to trade it from 8 Am to 9 Am (IST)

What impact will it have on our markets ? Well, let'swait for some more time to see its impact.

Today markets may see gap down opening. Mid cap may continue to outperform.
But short term traders should keep Index stop of 5300 on closing basis for their long positions.

SRF has support at 240 and resistance at 290

Mothersons Sumi systems has support at 145 and resistance at 200

Sector Buzz : Textile

2010-07-16T08:43:00.000+05:30

"If someone feels that they had never made a mistake in their LIFE, then it means they had never tried a new thing in their LIFE" - Albert Einstein

TCS came out with better than expected results this may augur well for Mid Cap IT space . If Rolta is able to trade above 185 then it could retest 200 with support at 180.

Nifty is finding support at lower levels and as long as 5300 is held it remains a buy on dip market.
Textiles stocks like SKumars, Crew Bos , BRFL yesterday had a Price and Volume breakout.

BRFL has support at 260 and resistance is at 300.

Guj Alkali has support at 125 and resistance at 150

Trade less, trade well

Nifty may remain in a range for some time

2010-07-15T08:43:00.000+05:30

Yesterday Nifty failed to sustain above 5400 . It has support at 5300 zone and may trade in a range for a few trading sessions.There has been lot of build up in Nifty Put as the implied volatility is low .
TCS will come out with result today .

Exide Industries is a good buy on dips . It has support at 130 and resistance at 150.

Our earlier long term trading ideas like Castrol and Zydus wellness are out performing the broader market.

Sector Buzz : Metal and Soft commodities.

2010-07-14T08:30:00.000+05:30

Commodities surged up in LME on expectation of rising global demand .
Sugar futures rose for a second day in New York and London as Thailand repurchased the sweetener for the first time in more than 30 years, fueling speculation that demand will stay strong as buyers add to stockpiles.Sugar stocks being cyclic in nature are good long term bet.

Hindalco has support at 145 and resistances is at 165 .

United Phos. has support at 172 and resistances is at 196

Aptech has broken out with spike in volume it has support at 140 and resistances are at 160-170

Keep on booking profits as we move higher.

The Mental Aspect of Trading By Linda Bradford Raschke

2010-07-13T23:16:00.000+05:30

Many traders quickly come to acknowledge that despite being familiar with winning strategies, systems, and money management techniques, trading success is dependent on your psychological state of mind.

Trading is a performance-oriented discipline and Intellect has nothing to do with your ability as a trader.

This is an useful article one can read it by visiting the link

http://www.traderslog.com/mental-aspect-of-trading/

Sector Buzz : NBFC

2010-07-13T08:40:00.000+05:30

NBFC stocks have been in strong uptrend and of late some of them are trading at life time high .Mahindra Fin , Dewan Housing Fin, Shriram Transport , GIC housing fin , Bajaj Auto Fin : all of them are trading at their new highs.Some of the PSU banks like Canara Bank is also at life time high. Well, from a trading perspective new highs will result in newer highs as stocks do not face any resistance and one should buy . From an investment perspective one should wait for dips to enter.

Mahindra and Mahindra Finance has support at 475-480 and resistances are at 550-580.

Tata Motors has support at 770 and resistances are at 823-855.

In mid cap IT one can also look at 3 I infotech with support at 63 and resistance at 75

The week ahead

2010-07-12T00:05:00.000+05:30

Nifty may face hurdles at 5400 but overall the undertone remain bullish. Infosys results will come out on Tuesday and it will be in line with expectations. Lets see how decoupling theory works out this time so far our markets has shown strength as compared the global markets.

Triveni Engr has support at 100 and resistances are at 120-127

Godrej Industries has support at 165 and resistances are at 200-220.

Trade less , trade well

Nifty is on the verge of breakout from a flag

2010-07-09T09:11:00.000+05:30

Nifty has been trading in a channel and it can be considered as a bullish flag also. We are giving below the chart of Nifty.

If Nifty is able to trade above the upper line of this channel and stays above it then it may reach 5600 . With most of the global markets trading below 200 dma at present it may seem a unrealistic target but markets have their own mind. Lets see how things turns out to be.

Oil and Gas sector may be the next leader if Nifty has to reach those targets.

Yes bank has made a rounding bottom pattern on charts and it has support at 265 and resistnace is at 300

Tube investment

2010-06-22T23:42:00.000+05:30

Tube Investment has come out after a long consolidation and everybody talks about two wheeler but often this stock which is in Bicycle component is often ignored. bicycle has still huge domestic demand.

Tube investment has support at 108 and and resistance levels are at 135 and 150

Trade less, trade well

Reliance Capital

2010-06-20T21:47:00.000+05:30

Reliance Capital has support at 700 and on dips its a good long term by with resistance levels of 824 and 930.

Trade less, trade well

Nifty is on its way to retest its previous top

2010-06-18T09:55:00.001+05:30

The rally continues after 7 days , now its time to watch 13 days.
Meanwhile , our Ideas like JSW Energy has achieved its target .

PFC , Jindal steel and Power and Eveready looks interesting on charts . They have supports at 287,646 and 57 respectively and resistances are at 306, 740 and 74 respectively.

Market Rallis and continues

2010-06-16T07:36:00.000+05:30

Market shows strength after trading above the range.

India info line has support of of 93 and resistance of 110 / 115

Global Rally : will it sustain?

2010-06-11T08:51:00.002+05:30

Global market rallied yesterday after lots of positive economic data.
Back home Nifty is trading in the range of 4950 -5150 with bulls defending the 5000 territory.
Nifty may see further upmove momentum only above 5150.

Will this rally result in another sell off ? Lets wait for the market to show its hand. IIP data, onset of Monsoon may augur well for the market.The volatility may continue . One should keep the volumes low.

JSW Energy is ready for another up move on charts.It has support at 116 and resistances are at 131 -150

Castrol has made a nice move . Time to ride the move.

Trade less, trade well.

Surge In Chinese and Indian Auto Industry

2010-06-04T11:24:00.001+05:30

Surge In Chinese and Indian Auto Industry : Drives Lubricant Demand

There is a report about Increasing Lubricant Demand .The report can be read at

http://www.klinegroup.com/reports/emailings/newsletters/energy/june2010/timely_trends.asp

Castrol can be put on radar . It has support at 380 and resistances are at 450-500. Its buy on dips

Canara Bank has support at 396 resistances are at 440-460-480

Global cues will lift the sentiments

2010-06-03T07:03:00.001+05:30

Despite all the concerns about Euro Zone global markets are showing no signs of weakness and bounce back every time .
This volatility will continue for some more time.

Nucleus software has support at 130 and resistances are at 160 -170

Today is also a time to book profit in our earlier ideas : Dena bank and Nagarjuna Construction

Trade less , trade well.

Stock specific

2010-05-31T07:33:00.000+05:30

Ruchi soya has support at 93 and resistances are at 113-118

Harrison Malyalam has support at 110 and resistances are at 132-14

Both these stocks had a long consolidation and may again continue with their primary up trend.However, one should keep quantity low .

A sharp recovery

2010-05-28T07:20:00.000+05:30

Markets have recovered sharply on the back of recovery in global markets . The concers about Euro Zone seems to be easing now. Coming days may see volatililty and wild swings also.

Bank is a space to be in .
Dena Bank has support at 80 and resistances at 94-100.

Nagarjuna construnction has support at 180 and resistance at 190-200

Our one of the ideas Zydus Wellness is still outperforming the market.

Central Bank Independence, Transparency, and Accountability

2010-05-26T08:55:00.000+05:30

Chairman Ben S. Bernanke

At the Institute for Monetary and Economic Studies International Conference, Bank of Japan, Tokyo, Japan

http://www.federalreserve.gov/newsevents/speech/bernanke20100525a.htm

Wait and Watch

2010-05-26T08:40:00.000+05:30

There is fear in the air and as we move forward amidst uncertainties volatility will occur.

Lets watch from the side lines and wait for the dust to settle down. Nifty is trading below 4900 its below 200 EMA and its not a time to get in.

Protection of capital is also important.

Is short covering round the corner ?

2010-05-23T23:11:00.002+05:30

Markets don't behave the way majority thinks and expects it to behave. When everybody talks about market getting further down Mr Market don't follow their dictum.

We are purely Technical in the sense that we follow charts only and Nifty did not close below 200 EMA.
As long as it remains above it bull market is intact. We will have bumpy ride ahead looking at global pictures but we may not tank down .

Jubilant Food has support at 250 and resistance is at 350

Tata Motor has support at 675 and resistance is at 760 .

ICICI bank can also be looked into.

Lets see how next week turns out to be but one thing is sure - any positive development on global front may result in short covering .

We are not out of woods: Market may remain volatile

2010-05-18T08:59:00.000+05:30

Most of the traders loose that part of money in volatile and choppy markets which was earned in trending markets.

Therefore, sometimes its wise to wait on side lines and wait for the clarity to emerge. Aggressive traders can wait for rallies to go short.

Time to book profit: We are not out of woods yet

2010-05-13T14:08:00.000+05:30

We bought when there was fear . Now its time to take money off the table as everybody says that worst is over. Merely printing money will not solve Euro problem , it will take some more time before things gets sorted out.

Nifty is hovering around key resistance levels.
Let wait on sidelines with cash in hand for another opportunity.

Trade less, trade well.

Time to book part profit

2010-05-11T07:41:00.000+05:30

Our view on last Friday was that most of the global bad news has already factored in and it was time to be greedy and time for buy.Well, it paid off well , as we move forward market is expected to meet resistances . Therefore, its better to book some profit today .

How a technical error resulted in Dow Jones plunging 996 points

2010-05-07T10:12:00.000+05:30

In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points before paring those losses—all apparently due to a trader error.

According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble [PG 60.75 -1.41 (-2.27%) ], a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff.

Be Greedy when others are fearful: Time to take plunge

2010-05-07T07:31:00.000+05:30

Well, the carnage in Global markets will be highlighted on every business channel and next morning news paper will be full of headline stories of financial doom.

This is the time to be brave and start buying .
One should look to pick up good stocks from Banking, IT, Auto , Pharma and Capital Goods sector.

HDF Bank, Yes Bank, Uco Bank, Tata Motors and select metal stocks like JSW Steel, Sterlite can be bought by taking advantage of this gap down opening.
Those who want to take less risks can buy Nifty Bees today and in every fall they should keep on adding.

These panics gives you opportunity to buy. We have been waiting on the sidelines with cash in hand for those dip.
Happy Hunting

Time to revisit our earlier post:The World's Biggest Debtor Nations

2010-05-05T23:20:00.001+05:30

On our post of 07-04-2010 we talked about reading about " The Worlds Biggest Debtor Nations" - a slide presentation by CNBC.
Its time to revisit it:

http://swingtradingideas.blogspot.com/2010/04/worlds-biggest-debtor-nations.html

Biocon

2010-05-05T14:30:00.000+05:30

Biocon has support at 280 and resistances are at 296-303-310

Environment has changed

2010-05-05T08:52:00.000+05:30

Wall street tumbled down on fear of European debt crisis. We were cautious of this uncertain environment and booked profits and sitting on cash for another opportunity.

Keep Banking stocks particularly Axis, Yes Bank, LIC HF , IT stocks and mid cap pharma stocks on your radar. Wait for the market to become stabilise. Metal sector will remain under pressure.

Not taking any position is also a position.

HPCL hits target: Volatility will continue

2010-05-04T07:28:00.000+05:30

Our one of the swing trading ideas: forgotten stock " HPCL" is on target.

Market may remain volatile and choppy.

Yes Bank has support at 277 and resistance is at 300

Trade well and have fun

Sugar sector on radar - will it become sweet again ?

2010-05-03T07:11:00.002+05:30

Greece has sealed a deal with the European Union and IMF that opens the door to a multi-billion euro financial bailout and will require big sacrifices from the Greek people, Prime Minister George Papandreou said on Sunday.

Lets us see how markets react to this development.
Back home the focus willl be on the next batch of Q4 earnings .

Sugar sectors has been hammered a lot and there are signs of recovery on charts. Kep the sector in focus with Dhampur Sugar and Balrampur Chini in mind.
Torrrent Pharma has started moving up from a long consolidation range. We have covered this stock along with FDC in our blong from time to time and both of them has given decent results.

Torrent Pharma has support at 500 and resistances are at 600-650.

Triveni has support at 105 and resistance at 125

Trade less,Trade well, Trade wise and have fun.

A Pull Back Rally

2010-04-30T07:11:00.001+05:30

Talks about Greece bail out resulted in strong rally in Global markets. US markets also rallied on the back of fall in jobless claim and this increased the confidence of market participants in US economic recovery.

Back home we may also see a strong follow up.

Today we are discussing about two stocks which are a good short term as well as an invest buy for one year horizon.

We believe that Insurance Sector along with Health Care is Sun Rise industries. Insurance will also penetrate in rural areas once the big companies realize the great potential they have in the rural sector. UID, NREGA and a very simple approach of claim, record keeping and printing of Insurance forms in Hindi or other vernacular language will go a long way in tapping this yet another bottom of the pyramid market. Hope Insurance companies wake up to these realities soon as the present Insurance system is heavily tilted towards urban educated populace.

Max India can be a safer bet for long term from this sector. It has support at 170-175 and resistances are at 200-225 and 240.

Another sector is from leisure and hospitality. .

Country Club has support at 21 and resistances are at 33-38-45.

Kovai Medical is up by 5 %

2010-04-29T10:08:00.000+05:30

Kovai Medical is up by 5 %. Short term traders can book partial profit here

Time to be Cautious

2010-04-29T07:14:00.002+05:30

Global markets had a volatile session yesterday after the S&P downgraded its debt rating on Spain. This follows downgrades on Greece and Portugal, which sparked a selloff day before.

This is time to lighten up, book profits and wait on the sidelines with some cash in hand. Keep your volume low and buy small quantity and be quick to book profit.Nifty has major resistance at 5350-5400.

Reliance Industries is attractive at these levels and one can also average it down if it falls further.

Going forward we may see volatile sessions ahead.

Kovai Medical has very intresting patterns on charts. Its peer Apollo Hospital is also doing well. In a lighter vein in this global financial turmoil Hospital sector will do well

Kovai Medical has support at 145 and resistance is at 175 / 200.

IDFC has support at 160 and resistance is at 175

Trade well, trade wise and have fun

NFL is up 5 %

2010-04-27T15:09:00.001+05:30

NFL has moved more than 5% . Now trailing stop is at 100.

Swing Trading

Interestin​g views of Warren Buffet- Stop Coddling the Super-Rich

Nifty may retrace to 5650-5700. All Eye on Infosys results.

Nifty above all moving averages

Geopolitical events will lead to volatility

Nifty above 5300 : needs to sustain above it

5300 is crucial now : Buy Kiri dyes in small qunatity

Nifty Below 200 EMa: Inflation and geo Political Head winds take toll

History Of Nifty Corrections

Jindal Poly : on the verge of breakout

Power of Chart Analysis

Happy New Year

LUPIN : Is the correction over ?

Merry X mas

Food Inflation :

Metal Sector outshines : Bhushan Steel

IT, Oil and Gas, Metal & Phrama may provide support to the broader market.

Will Reliance provide leadership in 2011.

Time to sip coffee

We are not out of woods yet

History Of Nifty Corrections

Videocon and Lupin

Tata motors and Amar

Happy Diwali

Shipping Sector

Food Inflation is here to stay

ICICI Bank

Nifty : Head and Shoulder

Aviation Sector: Jet Airways and KFA.

Banks outshine again

PSU banks as a sector outperforms

Canara Bank and Central Bank zooms

Volatilty may continue

Smart recovery but the correction is not over

Nifty is at support level : Textile Sector in Focus

Shipping Stocks Zoom

Berger Paint

TCS and Crew BOS

HUL comes out of 9 year trading range

Nifty at resistance

APIL

Life at 5860

Andhra Bank and Ipca Lab

Nifty breaksout but 5680 is stiff resistance

GSPIL and IOB

Momentum stocks

A furious global rally

We may trade in range again?

Nifty is in short term downtrend

Jim Rogers is bullish on Agri Commodities and Gold

Trading in the zone : Mark Douglus

Most of the global markets are trading below 200 DMA

Stock specific action

Mid Cap Ideas

Mid Cap may continue to outperform .

Happy Independence Day

Is it trend reversal ?

Cement Sector

Nifty at new high

Mid Cap IT stocks on Focus

Be Stock specific

Will market scale new high ?

Shipping Sector

Be stock specific

Momentum is expected to continue

Nifty Breaks out

Nifty in range

Nifty set to trade in USA from today

Sector Buzz : Textile

Nifty may remain in a range for some time

Sector Buzz : Metal and Soft commodities.

The Mental Aspect of Trading By Linda Bradford Raschke

Sector Buzz : NBFC

The week ahead

Nifty is on the verge of breakout from a flag

Tube investment

Reliance Capital

Nifty is on its way to retest its previous top

Market Rallis and continues

Global Rally : will it sustain?

Interesting views of Warren Buffet- Stop Coddling the Super-Rich