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Pre-market analysis

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1)Nifty closed at 10046.65 down 1.19% and banknifty closed at 20724.90 down 2.18%. 2)we opened gap up but as soon as global futures turned negative,we turned negative in 2nd half. US and europe closed deep red yesterday. 3)Today, US and Europe futures are trading higher and asian markets opened in green,Sgx nifty is trading to at 10085 up 0.73% 4) We may open gap up of 80-100 pts and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 7)Nifty option pain is at 10100 and banknifty is at 21000. 8)Nifty may trade between 10500 and 9800 as per oi chain and banknifty may trade between 22000 and 20000 as per oi chain,this will act as huge resistance and support. 9)Result today - CENTURYTEX DHANUKA DWARKESH GENUSPOWER HSIL INDHOTEL JAMNAAUTO JSLHISAR LYKALABS MGL SHANKARA SRTRANSFIN TANLA TTL VOLTAMP 10)Stocks in news - Bharti Airtel Bharti International (Singapore) Pte. Ltd Buys additional 6....

Pre-market analysis

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1)Nifty closed at 10167.45 up 0.25% and banknifty closed at 21187.35 up 0.73%. 2)Global market rallied yesterday and  closed higher (deep green). 3)Today, US and Europe futures are trading flat and asian markets opened in green,Sgx nifty is trading to at 10227 up 0.63% 4) We may open gap up of 80-100 pts and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10100 and banknifty option pain is at 21000. 7)Nifty may trade between 10000-10300 and bank nifty may trade between 20000-21500. 8)Results today - 9)Stocks in news - Emami Ltd Greenlab Organics Ltd, (Greenlab) the inoperative step down subsidiary company based at UK has been dissolved under operation of laws. Dissolution of Green lab will have no impact in the operations and financials of the Company. Coffee Day ent KOTAK MAHINDRA INVESTMENTS LIMITED sells 1,284,619 shares. RITES ltd RITES...

Pre-market analysis

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1)Nifty closed at 10142.15 up 2.71% and banknifty closed at 21034.50 up 0.31%. 2)US market rallied, closed higher (deep green) due to positive unexpected jobs data of US. 3)Today, US and Europe futures are trading with small gain and asian markets opened in green,Sgx nifty is trading to at 10260 up 0.95% 4) We may open gap up of 120-140 pts and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6) Nifty option pain is at 10050 and banknifty option pain is at 20800. 7)Nifty may trade between 9800 and 10500 for this week and banknifty may trade between 20500 and 21500 range for this week. 8)Results today. 9) Stocks in news. Relaince - JioPlatforms gets another marquee investor  ADIA to pick up 1.16% stake for 5683.5cr  ADIA : Abu Dhabi Investment Authority is sovereign wealth fund owned by the Emirate of Abu Dhabi founded for the purpose of investing funds on behalf...

Trading Strategies Series Part 3

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 Intraday With MACD & ADX Indicator Welcome everyone. Continuing our Trading strategies Series, this is our 3rd strategy for playing with the indicators for Day Trading. If you haven't seen the first two please don't miss out and check our blog. Today we will talk about combining the MACD and ADX indicators. MACD Basically the MACD uses the difference between two exponential moving averages to determine the direction of the trend and its momentum. Using this with the EMA of the MACD itself (the signal line), and we have a dependable indicator.   ADX The main aim of the ADX indicator is to measure the strength of the direction without any reference to direction. The trend is considered strong if the indicator reaches above the 25 line. On the contrary, if the indicator is below the 25 line, then the trend is weak or the market is not trending. The ADX signals over 30 demonstrate the strong trend to happen – it is definitely the best time to get into the trade. Trader...

Pre-market analysis

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1)Nifty closed at 10029.10 down 0.32% and banknifty closed at 20390.45 down 2.63%. 2)we opened gap up and were trading at huge gains till 11 am and then shorters had upper hand hand on banknifty and due to this eventeven nifty hadwhad sellingnselling pressure. 3)Today, US and Europe futures are trading higher and asian markets opened in green,Sgx nifty is trading to at 10062.50. 4) We may open gap up of 50-60pts and will once again follow global futures as the day progresses, it is expected that there will profit booking and short covering in  stocks in second half or in morning itself 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10000 and banknifty option pain is at 20000. 7)Nifty may trade between 9850 and 10250 range and banknifty may trade in 20000 to 21000 range. 8) How indian adr fared on global markets. 9)Results today. 10)Stocks in news. Selected midcaps with be in focus as the...

Pre-market analysis

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1)Nifty once again closed  higher at 10061.55 up 0.83% and banknifty closed higher at 20940.70 up 2% 2)we opened gap up but as global futures recovered, we followed them and were trading at huge gains till 3pm and then profit booking started as nifty and banknifty were overbought.Also there was news about IBC approval,which is bad for banks and nbfc. 3)Today, US and Europe futures are trading falt to negative and asian markets opened deep red. Sgx nifty is trading flat to small negative at 10081.50 4) We may open flat and trade +50 up and +50 down and will once again follow global futures as the day progresses, it is expected that there will profit booking in banking stocks in second half or in moring itself, as last half n hour bnf has lost more than 600pts. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty pain level is at 10000 and banknifty pain level is at 20700. 7)Nifty may trade between 9800 and 10300 and banknifty may trade...

Pre-market analysis

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1)Nifty once again closed  higher at 9979.10 up 1.56% and banknifty closed higher at 20530.20 up 2.86%. 2)we opened with small gain but as global futures recovered, we followed them and ended up in huge gain. 3)Today, US and Europe futures are trading higher and asian markets opened with gain. Sgx nifty is trading above 10000 at 10082 up 1.04%. 4) We may open with gap up of 100-120 pts and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Option pain for nifty is shifted to 9800 and option pain for banknifty is shifted to 20000. 7)Nifty may expire between 9800 and 10200 levels.both these levels will act as support and resistance as per option chain. 8)How indian adr fared on global markets yesterday. 9) Result today. 10) Stocks to watch out. Indigo - Reported quartely result after market hours. Granules india - Reported quartely result after market hours. Coromandel - Eid parry...

Pre-Market analysis

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1)Nifty and banknifty rallied yesterday due to easing of lockdown rules,as economy is restarting again which is positive for us. 2)Nifty closed at 9826.15 up 2.57% and banknifty closed at 19959.90 up 3.43%. 3)Global market futures which were trading lower after our market hours ,recovered completely ending up with small gains. 4)Us and europe futures are trading lower while asian markets are trading higher with sgx nifty trading flat to small negative. 5) We may open falt or small negative and nifty will be volatile for the day ,trading with 50p and down movement.if global market starts recovery then we may see good rally in our market too. 6)Nifty support and resistance for the day is  Banknifty support and resistance for the dat is 7)Due to yesterday rally,max pain for nifty is shifted to 9700 and banknifty has been shifted 19700. 8) Range for nifty for this week will be 9600-10200 and banknifty will be 19000-20500. 9) there was news on india's...

Pre-Market analysis

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) Nifty spot closed at 9580.30 on friday while nifty future closed at 9482.25. 2)Banknifty spot closed at 19297.25 on friday while Banknifty future closed at 19297.25. 3)Global markets-Us markets closed flat on friday. 4)Today asian markets are trading higher while us and europe futures are trading flat and sgx nifty is trading higher at spot level-9643 +129 pts at 7.00am. 5)We may open in green with 140-150pts gap-up. 6)sgx is trading higher as due to reports of lockdown,as now slowly and steadily economy has been started from today and globals futures are also recovering. 7)Globally,Trump has said to close all the ties with WHO but did not give any comments on china.so us markets which was trading lower levels due to this, closed flat,as there was no comments on china. 8)Also today cabinet meeting is expected which is source based news ,after gap up ,market will mostly trade sideways.and then if any decision in cabinet will be impacted on stock market. 9)Nifty spot support and resist...

Top 15 Companies to invest

Top 15 Indian Companies as per market capitalization. 1. Reliance market capitalization is 930011.97 crores. 2. Tata Consultancy Services Ltd 756049.23 crores. 3. HDFC Bank 549354.06 crores. 4. Hindustan Unilever Ltd 475334.84 crores.  5. HDFC 332051.53 crores. 6. Infosys 305029.05 crores. 7. Bharti Airtel 280606.59 crores. 8. Kotak Mahindra Bank 259589.74 crores.  9. ICICI Bank 245955.72 crores. 10. ITC Ltd 223902.99 crores. 11. Nestle India market capitalization is 172643.00 crores. 12. State Bank of India 169924.60 crores. 13. Asian Paints 168823.61 crores. 14. Maruti Suzuki 161923.94 crores. 15. Avenue supermart market capitalization is 154157.42 crores. Long term investors can start investing in these companies on regular monthly basis. Invest in these companies as per your capital. Invest equal amount on all the stocks. Accumulate these stocks on monthly basis. Buy a company on BIG falls, say 10-20%. Whenever a company falls about 10-20% in a month or so then buy that co...

Trading Strategies Series Part 1

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Find trend and momentum combining Parabolic Sar & Stochastic Oscillator Today we will be learning swing trading using the Parabolic SAR as a trend indicator and Stochastic to confirm the momentum. The strategy is designed so one can enter in the direction of the main trend once it gains momentum in that direction. It’s a purely discretionary strategy which is best deployed on the hourly chart for signals. This is a short term strategy which is good for intraday trading as well as a swing trade with a 5-7 days horizon.   How to combine PSAR and Stochastic Oscillator The indicators deployed for this strategy are: 1. The Stochastic oscillator is set to the default parameters of 14 for the fast moving line (%K)(Green) and 3 for the slow moving line (%D)(Red).   For our strategy, along with the regular stochastic levels of overbought (80) and oversold (20), we will monitor the mid-point of the oscillator at 50. 2. The Parabolic SAR indicator for our strategy is ...

Trading Strategies Series Part 2

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                                        Combination of   Bollinger Bands & RSI Today we will take two of the better-known technical indicators, namely Bollinger bands and Relative Strength Index (RSI), and go through the steps involved in developing a trading system. To begin with, let’s first take a closer look at each of the indicators that we have picked for our system. Bollinger Bands John Bollinger, creator of the Bollinger Bands defines Bollinger bands as ''a technical analysis tool, which is a type of trading band or envelope''. Bollinger Bands are volatility bands which are plotted above and below a central measure of price, using a statistical measure called standard deviation. They consist of three bands, which revolve around a simple moving average (SMA), with the default value of 20, of which it has been observed that 85% of the time, the p...

Stock market - All you need to know as investor

PE ratio : - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). But there are many stocks which are over valued but has shown greater level of performance. Return on Assets (ROA) : - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equi...