BraViSa TempleTree-India Market Calls

[d_s_ramesh]

As blood bath continues, 5850 remains a crucial support for NIFTY. Healthcare is the strongest sector today, on a pull back Pharma to lead the rally. Industrial and Consumer Goods sectors to follow through.

Many front line stocks are giving whipsaw trades giving indications of a likely sideways pattern in the coming days.

HINDZINC has a long trade potential.

 

[d_s_ramesh]

The effects of Housing Loan Scam on the Markets today. ​

Markets closed weak followed by negative news about the Housing finance scam that was uncovered by the CBI, which reached towards the closing hours. But, we find the broad market getting tighter on the bearish side. There is no significant weakness found of the broad side of the market. While all the sectors closed weak, it is only marginal. We find the Life Indices of Consumer Goods and Telecom closing positive.

This indicates that there is some bullishness setting in on the front line counters. This can either develop into a trend reversal or go into a broad range pattern. As there is a good flow of negative news into the market and the daily charts showing more strength on the bearish side, while the hourly has multiple bullish strength, it is more likely that the markets may hit a range pattern.

This has already been getting confirmed with many of the NIFTY index stocks giving more whipsaw trades on the hourly charts. With FnO settlement today, market is bound to be highly volatile. Indications given by the US markets with a very strong up close is a warning for traders here.

Trade cautiously, apply stop loss and execute them without second thought on all the trades. LICHSGFIN, BANKINDIA, CENTRALBNK & PNB which have hit negative news may be more volatile with a bearish strength.

 

[d_s_ramesh]

INDUSTRIAL sector gives a strong recovery followed by ENERGY which took off just from the strength of RELIANCE.

The top ten of our economy was stronger than the Index, indicates some sort of a rally. It can be short lived, while there are some stocks which have very high potential to be big winners.

FINPIPE and KRBL can be good bets on the long side.

Packaging Industry shows good recovery and the stalwarts here JINDALPOLY and UFLEX have given good reversal. Though do not have big targets, they are good long trade stocks for today.

 

[subodh9]

INDUSTRIAL sector gives a strong recovery followed by ENERGY which took off just from the strength of RELIANCE.

The top ten of our economy was stronger than the Index, indicates some sort of a rally. It can be short lived, while there are some stocks which have very high potential to be big winners.

FINPIPE and KRBL can be good bets on the long side.

Packaging Industry shows good recovery and the stalwarts here JINDALPOLY and UFLEX have given good reversal. Though do not have big targets, they are good long trade stocks for today.

Why Reliance has lost steam. even in rally of 2000 points it just stuk up and now below 1000 level ?
What should be option Reliance or Tata steel

 

[d_s_ramesh]

RELIANCE belongs to the Energy Sector which is lagging in non-trend for quite few months now. Energy sector has not seen any significant move in the current rally of the market which is nearing 2 years now. More over RELIANCE has been struck in one or other feuds and court issues and hence has lost investor fancy.

While TATASTEEL belongs to the Basic materials sector which was the star performer of the current rally. Though the stock is not the hot favourite of the BM sector, where HINDALCO is the leader. Still in comparison to RELIANCE, TATASTEEL is a far better choice for investment today.

RELIANCE took off into a good bullish move, but tanked mid way to snap back into its broad range. TATASTEEL is forming a good pattern and is due for long trade any time now. There is a possibility of a high probability winning trade in TATASTEEL shortly.

 

[d_s_ramesh]

TELECOM became the star performer of the day in the markets. Telecom service spun off into a big move with most of its heavy weights giving above 3% gains. BHARTIARTL which was on long call hit target and has closed even stronger. The top ten of the telecom pack has risen even further, indicating continuation of the bullish move.

NIFTY seems to be reaching for a side ways run on the short term, whipsaw trades have began to come trough. After one full month of wonderful returns on the bear side, it is give back time for short term traders now.

Any good moves can come through only after some consolidation at current levels.

 

[d_s_ramesh]

Our markets gave a thumbs up today with a robust bullish closing bucking all the global trends. Long calls on both NIFTY and BANKNIFTY have registered tremendous gains and are likely to continue.

BASIC MATERIALS sector leads the rally, this is the sector that has been on the fore front in the current rally even on long term charts. Aluminium and Steel industries gave a good performance.

TATASTEEL Can be traded long.

 

[chennaitrader1985]

Respected Ramnesh sir,


my name is Chandra, I stay in chennai.. i am doing day trading past two years lost almost 4 lakhs.. i got only 30 % of my capital now.. i read ur post in traderji..please help me out sir.. i tried all the ways i can,,, my intention is to get atleast half of my capital.. hope u will understand my pain , and help me out.


thanks,

chandra kumar

 

[d_s_ramesh]

Mr. Chandrakumar,
I can understand your agony. Many novice traders do the same mistake of jumping straight into intraday trades and loose precious capital. Give me some more details about your trading experience, we can help you, provided you are dedicated and disciplined to follow some methods that we would work out.

Approaching the markets with frustration or anger to get back lost capital will only dig your loss making hole even deeper. You have lost 4 lakhs over 2 years with trades that would have run into many numbers even on daily basis.

Gaining back even 50% would take much longer time, unless you would be in a position to infuse more capital.

PM me your details and we shall work out some methods to first stop your loss making binge and then turn up to profits.

With Love,
D S Ramesh.

 

[d_s_ramesh]

Though markets closed with a bullish note, there are some warnings and cautions left in today's trade. Except Utilities and Telecom all the other sectors have closed positive with some sectors like consumer goods and Industrials showing minimum gains.

The leaders of each sector have began to show tiredness. Among the top 10 ranking, we have 4 sectors out of the broad economic sectors closing negative. This gives a warning or a caution that all is not good with the markets at the moment.

There is a need for tightening of stops for the new long trades which have sprung in the last couple of days.

Energies and Technology lead the rally today.