BraViSa TempleTree-India Market Calls

[d_s_ramesh]

Bearishness of NIFTY on the daily chart adds more strength with price closing below the slow EMA. Weekly is very strong on the bullish side. On the daily we need to wait for a long trade while on the hourly it is short trades. Hourly chart has re-traced bullish divergence on the MACD. This shows that the bear move is almost over. This needs confirmation with an uptick on the hourly.

Now it will be a wait and watch for NIFTY on the swing trades, while positional trades on the long side awaits signal.

Bank NIFTY though has a good bearish divergence on the daily, it is still holding to rising EMA, while its hourly has re-traced bullish divergence. There is a possibility of a long trade signal here. And on a up tick the daily chart will also give a long entry.

 

[d_s_ramesh]

Markets turn to tight moves, Technology is stronger. Consumer goods the weakest sector. Paper and General Finance industries show strong presence while Telephone cables and Plastics lead the weakness.

Many short term calls are having whipsaws while long term trend is intact in the front line stocks.

GRASIM is a trend buy, ASIAN PAINT and JAYSHREE TEA are positional buy calls for this week.

 

[SwingKing]

Markets turn to tight moves, Technology is stronger. Consumer goods the weakest sector. Paper and General Finance industries show strong presence while Telephone cables and Plastics lead the weakness.

Many short term calls are having whipsaws while long term trend is intact in the front line stocks.

GRASIM is a trend buy, ASIAN PAINT and JAYSHREE TEA are positional buy calls for this week.

Where have you disappeared DS?

Don't see you around much these days.

Tc

 

[d_s_ramesh]

Regularly adding more modules to the site, as I am single person handling all the issues like posting, development, trading my own account. Providing articles to other sites, then looking after our business for bread and butter.

Hence, could not manage time to give all the calls and thoughts on TJ.

I feel the necessity, once the site works are automated. I will give more concentration here. Mean while thank you for the immense support that you have provided all along my growth path Mr. Raunakji.

 

[d_s_ramesh]

Positional calls today: Buy TRENT for a target of 1237.
Trend call for the day: Buy BATAINDIA.

 

[d_s_ramesh]

Markets are getting indecisive and are likely to move into consolidation. Many of the leaders are showing weakness. The sectors that look marginally bright are Basic Materials, Industrials and to a smaller extent Consumer services.

Rest of the top line indices are trailing their broader counterparts. Caution advised on traders and tighten stop loss for long trades.

Positional trades can be done on VIPINDS and SWING Call on EXIDEINDS.

 

[d_s_ramesh]

Financials and Consumer Goods Sectors give a very strong bullish move to pull up the indices towards close on Friday. The strong close keeps the bullishness intact for the long term. NIFTY is likely to thread higher in the coming month. But the optimism is not very euphoric. As weekly charts try to reach value zone, it is facing hurdles at 6000, while daily charts are showing clear confusion the direction that the market has to take in the coming days.


A mirror image of Thursday came on Friday with a strong closing in the last hour against the high weakness that the market showed on Thursday.

Good long term trades are possible in TATASTEEL, ITC, ASIANPAINT, LICHSGFIN, & VIPIND.

 

[columbus]

Financials and Consumer Goods Sectors give a very strong bullish move to pull up the indices towards close on Friday. The strong close keeps the bullishness intact for the long term. NIFTY is likely to thread higher in the coming month. But the optimism is not very euphoric. As weekly charts try to reach value zone, it is facing hurdles at 6000, while daily charts are showing clear confusion the direction that the market has to take in the coming days.


A mirror image of Thursday came on Friday with a strong closing in the last hour against the high weakness that the market showed on Thursday.

Good long term trades are possible in TATASTEEL, ITC, ASIANPAINT, LICHSGFIN, & VIPIND.

Generally a stock moves up rather rapidly ex-split,may not see such movements afterwards for obvious reasons. Examples-Educomp, Bhushan steel,HDFC ............etc.

LIC Hsg Fin did move rapidly in last year or so ,but last 2 months it has been in the range 1200~1500.

 

[d_s_ramesh]

Markets holding at high's. Consumer Services Industry leads rally today, Diamond jewelery Industry continues its strong run. Shipping Industry comes out of slumber. Almost all the Shipping industry stocks have broken their ranges towards the bullish side.

Buy HINDUNILVR above 299.00 and NILKAMAL above 407.00 on the Trend calls.

 

[d_s_ramesh]

Markets consolidating at the higher levels holding to tight range. BASIC MATERIALS and CONSUMER SERVICES Sectors hold on to the leadership positions.

Fertilizer Industry took to a very strong rebound. Long trades for the day are MARUTI and UNITECH.