BraViSa TempleTree-India Market Calls

[d_s_ramesh]

AIA Engineering a topper stock

This stock is a volume topper stock today with a 3210% gain in volume against its 50 day average. The stock has clearly bottomed out and has d=formed a nice base pattern and has formed a pivot at 293.00. One can trade this stock for a target of 20% from entry and have a stop at 8% from the entry price. There are chances fir the stock to go further high, but those investors who have the apatite to hold on or want to gain a little more can use part exit strategy, so that 50 or 75% of the position is exited at 20% target and the balance with some more added profit.

 

[d_s_ramesh]

HSIL at BMC channel today

This chart is giving some interesting features. Its weekly chart though has been in a bearish trend there is a bullish divergence formation getting cleared. This is a kind of divergence which happens rare on weekly charts, the confirmation was a low volume and low range bar, this confirms that selling interest is subsiding in the stock. And this week the previous weeks high has been taken off and there is improvement in Volume. Both fast and slow EMAs are at 157 & 145 respectively.

With the current price ruling at 125 and the low at 118.00, it is a bargain for having a good reward to risk trade in this stock. For a minimum Rs. 7 risk, there is a possibility of 20 points on a minimum reward. A Good 3 time R/R trade to take position

The only drawback is that this stock is a low volume stock, we can take small bets as the charts are good.

 

[d_s_ramesh]

CMC Q3 Report

CMC ranks 301st against 869 stocks tracked on the BTT index. Sales has grown 24.41%, profit margins at 12.84%, EPS growth is negative at -58.53%. Though there is sales growth, profits are less and the company is losing on the earnings side. Price has dropped 55% from the highs at the time of this writing.

The stock belongs to the Computer hardware industry group which has a C- ranking which indicates 60-66% range on the overall Industry ranking, so not a favorable industry at the moment. Mutual fund sponsorship is B+, which again is a negative to the stock, funds are selling and getting out of the stock. Sales and net profit growth rank is 58.28, a poor rating for the stock get into the buy zone.

EPS rank is very low at 20.62 which means close to 80% of the companies in our tracking list are faring better than CMC. The stock saw a 480% volume jump post result announcement; though there was buying power it lacks strength. Technically the stock is in a bearish trend & took a good bullish run after a divergence on the histogram, but failed to gain strength and is languishing at the Sweet zone. Though its histogram is gaining strength any weakness from here will render the stock trendless.

 

[d_s_ramesh]

BMC call on HSIL

HSIL ranks 149th out of 809 stocks tracked under our BTT tracking index. As 3rd quarter result is yet to come, we are analyzing using the 2nd quarter results. The stock recorded 34.71% increase in sales with an EPS growth of 37.09% and a profit margin of 7.69%. The stocks EPA rank is 82.46, PRS rank is 80.57 and it has recorded a volume growth of 453.69% against its average, which has moved the stock into the BMC group today.

HSIL belonging to the Ceramics/Granites industry group which has a B rating in our industry ranking gives it a position within 68-75% of the total industries, this means there are about 25% more industries that are doing better than this industry.

Mutual fund participation in the stock is steadily increasing for the past 2 months while there is no decrease. November month fund sponsorship was 176454 shares which have seen a marginal increase of 101484 shares in December, whereas December data is yet to arrive fully. Sellers are getting lesser is an indication of strength. MF rank is D+ which is not very favorable, but this can be there are the stock does come under high liquidity category.
Todays close has given the stock a trending buy signal on the daily chart, which is a very rare occurrence and that too with a very strong base formation. Trade long at 136.75 with a stop of 119.90, this is a trend following call, will be in position till there is a reversal. The stock has a historical high of 245.85. If there is strength and it reaches past those levels the rewards will be multifold.

 

[d_s_ramesh]

HERO MOTO Q3 update

Results coming out of Corporates in the current quarter shows dwindling performance ratios. Not many surprises left to discuss. Though some companies are showing robust gains in the current quarter, their past records do not hold promise, stating that this one time increase in earnings can be a blip and cannot be trusted.

HEROMOTOCORP, announced one of the strong results in the current quarter with a growth of 42,91% on its EPS growth, but sales growth has declined to 16%. Though this is an advantage for the stock as they are reducing costs to boost the bottom line, when compared to previous records the EPS ranking for the stock is at 44.15 at the time of this writing, which means that there are about 55% stocks which are doing better than HEROMOTOCORP.

We would not want a stock that is so low on the EPS rank when compared to the industry. But the chart patterns show a clear bullish divergence on the daily charts which also had a trending buy having shown tremendous growth in the past few days. Fridays volume was up 99% against it average and the indicators are gaining strength. This stock should see some short term gains towards 2000-2100 zones. Entries have already been in, so do not attempt new entries now.

Mutual fund participation in the stock though saw tremendous increase in the November purchase is showing very much lack luster in the December updates received so far, so fund are either not investing much nor selling in a big way. This shows that a wait and watch scenario is seen in this stock.

 

[d_s_ramesh]

BTT new report for 20-01-2012
World Markets:-
Dow Jones:
The Index has reached bullish trend this week. It has overshot the channel and has become over bought. Pull backs to value can be used to trade long. Though volume has not caught up with the price moves, we expect new highs in this market soon.

Nikkei:
The index has made a very strong recovery to the value zone and is in the verge of giving a bullish trend buy. There is a good bullish divergence found on the index which will help it move up further. 9510 and 9318 are the next resistances on this index.

Hang Seng:
Hang Seng Index has given a strong bullish trend reversal but without a good divergence. Indicators are getting stronger, but any reversal from here will render the index trendless.

FTSE:
This index is non-trending but rallying after a brief breach of nearest resistance at 5746. The bullish rally is likely to continue and develop into an established bullish trend.

The overall performance in comparison with all the world indices states that the markets are ready for a good rally in the coming weeks. Traders on the long side should see god benefits accruing from these moves. Mostly all the long positions would have been established by now, it is only exits that they have to concentrate on and book profits.
Commodities:-
Crude:
Crude is bullish and is reaching for the value zone, you can buy crude at 96.85-95 levels for a puu back trade for a target of 106.

Gold Index:
The index being in the non-trending zone has started to move up into the value zone but has a very strong bearish strength on the weekly histogram. Trades on any direction needs to be on wait till a clear trend emerges in this market. 1760 can be a resistance while there are chances for new lows in this market.

Copper:
Copper established a bullish long trend trade and has been doing well, but volatility has increased which is a point of concern in this market. Though the indicators are showing strength the market is at a crucial point with resistances overhead, it can react and pull back.

Silver:
After a good bullish divergence on the histogram and an established bearish trend Silver has managed to reach value zone. Now at the value zone there are chances for the market to turn down to give another short trade opportunity or turn above reversing the bearish trend.

Nifty:-
After a minor bullish divergence on the histogram Nifty has given a trending bullish buy above 5064.15 with a stop of 5496.1. The index is turning up with a trend and it is a good sign for the market. The previous short trades have got stopped out. The Nifty has strong resistances at 5100 & 5200 levels. If the trend reverses from here the weekly charts will go trendless soon. This would mean many whipsaw trades for the constituent stocks. At present many of the Nifty stocks have gone into trend buys and are favoring well. Trade long on Nifty with very risk open risk. Since the monthly charts are trendless, there can be high volatile reversals. As of now the bearish trend is getting over in Nifty.

As the index is moving up from a bullish divergence though not very prominent, at the most 5400 is the highest possibility for the index, traders holding long positions in Nifty should keep a keen watch for any weakness on the daily charts to exit longs.

With most of the indices in the verge of a turnaround, market is poised for some more gains in value and those stocks that have already gained strength will have high profit potential. Trading in now would be late entry as most of the stocks have established their bullish position on the daily charts. Whereas their weekly charts are still dicey, with many close to getting non-trendiness.

As the market is getting bullish on the daily charts and is gaining strength, while the weekly is closing in towards non-trend, the bullish consensus may not hold ground for a long time. So, traders are advised to have a very close watch on their positions, any slight weakness may be used to exit and book profits. Suppose the market continues its bull run, need not worry about lost opportunity and there are always another opportunity waiting to happen. Market is abundant with opportunities to make money, it is only the patience needed to find the right ones that the investors or traders miss and lose capital.

Bank Nifty:-
Banking stocks too took to a good trend change giving a trending bullish buy signal on the weekly charts which has come through after a minor bullish divergence on the weekly histogram. This index is a very high volatile index and hence will have larger risks on trade, so traders with adequate only are advised to take position. Please do not bring greed of fast money into these types of trades and loose capital. Once the market starts to reverse fear will grip those traders whose accounts do not have sufficient capital backing. Though the prevailing trend is showing still bearish presence, the histogram on the weekly has emerged strong showing that the nearest resistances will be cleared smoothly if the trend change happens. In case of a reversal from here, the index will move into a highly broad range, which will give many whipsaw trades.



NSE 500:-
The index has reached the sweet zone with a minor bullish divergence on the histogram, the back of the Bear is broken for the second time now and it is stronger this time. This indicates that there is a shift in trend to happen soon. Many stocks in the index group have established long positions and are doing well on trend signals. Trend signals are not reported in our news letter. Due to time constraints we are reporting only one of our trading systems here. There is a separate module which will bring out all our trading systems with their calls along with money management and exposure details for each stock based on your capital declared with us. This product will be launched soon and is named as the StockSupermarket. We believe these systems will give investors easy access to make money in the markets.

NSEIT:-
The non-trendiness of the index is continued for the coming week too, 3rd quarter results of the it sector is not very promising, hence the indecisiveness continues. The range of this index is very high at 6430-5740, these types of high ranges on indices will give a lot of whipsaw trades for the constituent companies. So IT sector for now is a risky be, unless the individual chart patterns have a really great pattern to trade.

BSE Reality:
This index is very close to reversal on trend buy signal, some of the prominent stocks in this group have already gone into trend buys and doing fairly well. UNITECH has come into weekly trend buy signal. Long entry at 22.95 for a stop at 18.95, this is a trending call and hence has to follow the trend.

BSE PSU:
The index is close to the value zone end on the bearish trend, a continued bullish move will turn the cycle to bullish signal on trend reversal. Daily chart is witnessing minor bearish divergence which indicates that the weaker stocks in this index will turn down if the market gets down.

BSE POWER:
Power index has made a strong recovery to the value zone. Siemens, Crompton RPower and other constituent stocks have shown good bullish rally in the past week and are ready for moves upward.

BSE OilGas:
This sector made some decent gains from the PSU stocks, but other prominent players did not show relevant support. Reliance buy back price was not favored by the market and the trust on the management is slowly waning downwards, which clearly shows in its stock price which has been in non trend for more than a year now.

BSE Midcap:
This Index is one of the index witnessing strong bearish strength and has reached the value zone, we can see some good short positions in the stocks of this index. Many of the stocks forming this group are in the sideways pattern on the weekly charts baring few which are strong and many that are weak.

BSE Metals:
Metals Index has made a good recovery rally and is seen from the strength that TataSteel Coal India etc., apart from few slow movers like SAIL that did not show real strength, the uptrend may continue.

Based on the sectoral performance of the indices we see the market to have a small bullish run before any bearish sentiment can set it. In case if so happens without prior indications the weekly charts will move out of trend, so caution is needed on trades.

Industry Groups:-
The top Industries for this week are
Machinery,
Auto Lcv/Hcv
Auto 2 & 3 Wheelers
Personal care
The lowest order is
Engineering Heavy
Non-Conventional Energy
Civil Construction
Computer Accessories
Services

This Weeks calls:-
This Weeks calls include trending calls for futures stocks on the weekly time frame. Trending calls do not have target and will be monitored on a daily basis for exits. Please use adequate risk management while taking these positions.

CALLS TABLES
Double Screen
Long
Stock Entry 1 Entry 2 Stop Target R/R
Patni 413.45 428 398.9 533.5 5.43
AmtekInd 81.925 87.4 76.45 113.4 4.29
Kale 102.875 106.9 98.85 143.55 6.94
HindUniLvr 374.775 384.35 365.2 429.3 3.27
MICROTECH 148.9 154 143.8 179 3.76
KAMAT 104.5 107.3 101.7 133.35 6.29
RAJTV 71.575 75 68.15 91.7 4.09
SHREECEM 2001.275 2039.55 1963 2205.35 2.71

Short
Stock Entry 1 Entry 2 Stop Target R/R Position
AdaniEnt 396.85 360.8 432.9 259.15 3.27 Progress
AxisBank 1044.25 1006.95 1081.55 852.65 4.45 Progress
BHEL 291 275.75 306.25 227 3.59 Progress
HDIL 89.395 78.71 100.08 49.8 3.17 Progress
LT 1277.925 1212.15 1343.7 986.95 3.81 Progress
Titan 198.105 194.34 201.87 162.6 8.28 Progress
SesaGoa 202.93 191 214.86 151.9 3.68 Progress
Siemens 772.985 751.16 794.81 624.9 5.97 Progress
Ster 116.64 109.76 123.52 87.05 3.71 Progress
Suzlon 27.925 25 30.85 16 3.53 Progress

Weekly trend trades
Symbol Entry Stop
Aban 454.95 326.65
Adani Power 89.55 67.75
ICICIBANK 879.15 673.1
Nifty 5464.8 4602
BANKNIFTY 9539 7926.8
PNB 956.5 764.7

We are about to introduce a new section on the site to make your stock market experience a happy ride. By trading random calls from simple trading systems using money management and discipline we can assure the users regular profits that are above average in comparison with any other investment avenues available now. This system is fully automated with exposure limits and record keeping for all the trades that you do through the system. Your work will only be trade section on a random basis from the calls listed in each trading system section of the site.

 

[d_s_ramesh]

Apart from NIIT which gave a triple digit growth in EPS of 575.35%, all the other results that came out in the last few days were subdued. With many stocks registering triple digit and 4 digit negative EPS growth rates like Polaris, Infomedia, Jet Airways, Hindustan Construction etc.,
NIIT, though has the best EPS growth, its sales growth was negative at -7.46% while its profit was at 37.37% increase. This is in one way encouraging that the company has managed to give a robust bottom line growth while the top line actually negative, but not encouraging.
Fund exposure in the stock has seen a steady rise of above 50% when compared to November data, this is encouraging too. Price of the stock is in the bearish trend on the weekly with a good divergence on the histogram forming a resistance at 46.70. On the Daily charts the stock has made a good bullish rally from 37.20, there are possibilities for some more gains in the stock on the daily before any weakness sets in.
WIPRO reporting a negative EPS growth of 13% was a setback to the Technology stocks today, but otherwise too, Technology sector is not the top sector of our markets today. Leadership positions in many industries are shifting positions to give way for smaller stocks which are mostly not so common names for the investor.
So, if you have to trade the best stocks of the industry definitely the prior leaders are not the ones to be bought for capital growth at the moment.

 

[d_s_ramesh]

Supreme Infra has a EPS rank of 81.07, PRS rank of 85.83 and a volume growth of 61.55% against its average. This brings the stock into the Big money channel. With 3rd quarter results yet to be released we will analyze with 2nd quarter results. This stock had a sales growth of 56.36%, NPM of 5.77%, EPS growth of 19.14%.

Basics are strong, now we shall go a little more interior to find some more strength in the stock. Funds representation is at A- keeping the stock at the top 20% slot. New fund sponsorship is yet to pick up strength; there are more sellers at present. Sales and NPM growth is at 84.05. Industry group ranking is very poor at E- giving the stock the last slot of 1-7% in the industry group order.

Technically the stock is off 30% from its 52 week high, the daily charts have given a good buy at 169 levels which at present has made more than 25% gains. On the weekly the stock is coming into a new trend buy signal, if the weekly close is above 203 for this week, it will signal a buy on the weekly charts. With good bullish divergence on the histogram, there are possibilities for the stock to reach for new highs, but it will be a long term bet.

The stock belonging to the civil construction industry which has the bottom 5 position on the industry ranking is a big negative for the stock. ROE is at 29.58 which is favorable and one can think of a long entry on the weekly charts with price triggers. Keep risks low as the market and the industry group do not favor much bullish strength.

These recordings are for todays price pattern, which can change over the weekend when we have to decide on the buy trigger in the stock. We shall keep the stock on the watch list for a long trade on the weekly.

 

[d_s_ramesh]

BTT NEWS REPORT FOR 27-01-2012​

World Markets:-
Dow Jones:
While the DOW is making a slow move to reach for a new high there is volume dry up at the higher levels. The market is trending Bullish and has a chance for a pullback long entry on the daily charts. With low volume and a lower range movement if the index reaches the value zone, it will have a fast pull back and targets in such trades come very fast. Traders doing trades on the DOW shall add the index to their watch list and have this fast money opportunity work for them. The next resistance remains at 12875-13060 range which will also provide a good reward to risk on the trade as the value zone is quite narrow.

NIKKEI:
After a yearlong bear market and stagnation in price patterns, NIKKEI has given a trend long signal on the weekly charts. The range of the market was almost very tight which indicates that it may be a false move too. But if holds and continues with a new bullish trend, this trade will be a wonderful low risk trade.

FTSE:
This index has been in a non-trend zone for more than 3 months now, while it manages to take off resistance at 5746 which was a brief move, the index was not able to manage holding onto the gains. Indicators are gaining strength on the bullish side, but the EMAs have made a shallow crossover. In a non-trending market there are high chances of the EMAs gets coiled.

HANG-SENG:
Hang-Seng index cleared the trend long trade trigger and is showing more strength on the indicators. With next resistance for the market staying quite far away, this market has a good chance for a long haul. The trend change has cause a temporary non-trend pattern on the charts. On a continued bullish move, it will change into a bullish trend, unless the market pulls back, as there are chances for that to happen since the index did not have a good bullish divergence on the indicators before getting into the trend long position.

World Commodities:-
Crude:
Crude is up in the bullish trend, inching up on a slow phase and yet to reach value zone. On a pull back to 95.30-97.25 will offer a good entry into the commodity for good gains on its next up move to reach the upper channel.

GOLD:
Gold gave a strong rally in the non-trending weekly chart which is very strong on the bearish side on the indicators. This market is likely to see high volatile moves which will continue for some more weeks that will bring it into a bullish consensus again. Gold traders need to wait in patience for a next good trade on the long side.

SILVER:
Silver market has given a trend long signal which is not so very strong as it has only the bullish confirmation of the histogram while the MACD has formed a deep valley. In these patterns the risk on new trades will be high, but most of the times such trades get exit without stop trigger, which will provide some cushion to save on losses. There is a break of the bears bone pattern and it has more chances of reversing which has all the chances of reaching for a new low. Trend signal have more probabilities on the winning side, so second guessing can be kept aside. In case traders feel nervous about the position, waiting on the sidelines for a pullback trade will be a better suggestion for this market at the moment.

Indian Market Averages:-
NIFTY:
Markets gained further strength and have triggered the long trade on the NIFTY which is closely inching up towards the resistance zone of 5300-5400. But volume support was not available to the index this week; volume growth was 18% above average. Will this journey be an easy run? Daily charts are showing good strength on the MACD, and this indicates that the market will reach nearest resistance without much effort. But investors should be on a close watch, if there is any weakness seen you should not have a second thought to take your exit and book whatever profit available. We can always get a better chance next time if not in the same symbol; there are a wide range of stocks to give better trades. It is only patience and regular homework that will make you identify the right stock at the right point of entry.

NSE MIDCAP:
Weekly chart of this index has run into a trending long signal with a strong rise. Histogram shows more strength on the bullish side. While the MACD has not given any bullish strength it is going up with histogram bullish divergence. There can be a reversal but can take time to develop as the daily chart is developing more strength. Most of the stocks in this group would have already run up from their bottoms. Trend buy long trades if there are any can be thought off at this level if the stock has similar chart patterns.

Sectoral Report:-
NSE IT:
IT index is rallying again within the broad range that it has set up for itself. The range high at present is a little far away from the present price. This will give room for the stocks that are long in our trading calls section to reach their targets. But, very high caution is needed in your holdings on these stocks.


BANKNIFTY:
Banks index made a nice rally to trigger the long trade on the trend signal and has moved up well. A big advantage in this index is its volume growth in the present week, which is at 62% above average. This shoes strength and we can see that in many of its constituent stocks that have been doing a good rally. 10100 resistances will be a cake walk for this index at present while 10400 may hold some resistance later and by the time the daily chart would have developed weakness, which is at present going very strong with indicators as well as price rallying up with good volumes.

BSE Reality:
Reality index hit stop on the pullback rally but has closed with a blue impulse and the daily charts have given a nice short trading opportunity on Friday with a low risk exposure. Find stocks of similar chart patterns to short if they have not yet caught the bear bug. HDIL has given a nice short opportunity at 79.50 on divergence. Price has moved down a little from trigger, try if you can get entry at the actual trigger to get best reward to risk ratios.

BSE PSU:
PSU index has given a trend buy signal on the weekly charts. Many stocks in the group have made a good run up following the bullish divergence on the daily histogram, the uptrend can continue till there is good weakness for reversals to happen.

BSE POWER:
Power index too has given a bullish reversal long trade signal on the trend system. Histogram gaining strength on the weekly chart give this index a higher probability of rallying for some more weeks to come. Shorts in BHEL are gaining strength and has given a good short opportunity on Friday which had a low risk entry. Weekly charts are supporting shorts here. TATA POWER is already running up with a trend long trade trigger which is also supported by a good bullish divergence on the histogram as well as the MACD. The daily charts on this stock are also yet to get any weakness. SIEMENS is again a nice short and has had a good entry with weakness setting up in the daily charts. SUZLON which is into a short trade made a strong rally but is yet to trigger stop, daily chart is on strength, it needs weakness to set in to get the reversal going good. There is still more room left for up moves before any clear weakness comes to confirm the short trade direction.

BASE OIL GAS:
Oil & Gas index has again given a bullish trend trade signal this week. Here the position is quite different. The weekly MACD as well as the histogram are still is bearish strength, back of the bear is broken; there will be reversals to reach new lows before any strength can build in. But stocks like BPCL have had a good run up, which has given a weekly trend buy signal too and the daily charts showing good strength. One can trade long this stock on the weekly on the trend following system.

BSE Metals:
Metals Index which took off with a good bullish divergence on both the MACD and histogram and now has come to a trend buy on weekly charts. Histogram is getting stronger on this signal trigger. The daily chart of the index is retracing minor weakness on the histogram while its MACD is getting stronger. There is room for more upward moves among the stocks in this index. Tata Steel, which has a good run up and has started retracing bearish divergence on the histogram, has its MACD lines getting stronger, which gives room for further up moves. Some of the similarly stronger stocks in this group are Jindal
Steel and Power, Hindalco, Coal India etc.

BSE HealthCare:
Healthcare sector which is still in the non-trending zone has cleared nearest resistances and has a chance to go trending on the bullish side. Among the stocks here Cipla is getting stronger.

BSE FMCG:
FMCG index is continuing to be in the sideways mode, not much strength is visible here. HUL which was one of the strongest stock of this index which had a good possibility of a pullback long trade is yet to give a nice opportunity for entry while the current prince pattern is going flat. We should wait for a good entry here.

BSE Consumer Durable:
This index had given a very strong rally to reach trend buy signal on the weekly, but the indicators and the cart patterns have no bullish signs, in fact bearish strength is more, there are chances that the index may turn down but will give less opportunities for trade or go sideways.

BSE Capital Goods:
Capital Goods index reached value zone from a strong bearish strength, the index is yet to get into bullish signal giving any chance for a bullish confirmation. Hence, there is a good chance for shorts working out well in this index constituents. BHEL and SUZLON are some of the stocks to watch out for good shorts.

BSE Auto:
BSE Auto index is non-trending but has retraced a rare kind of bullish divergence pattern and has began to rally. The non-trendiness is well exposed in the stocks like Bajaj-Auto and HeroMoto which gave a good run up after a good signal but failed to move up and reach targets. While here pulled back into no trade zone, Bajaj is holding with some gains which could beneficial to the long trade before its exit.

Industry Group Ranking:-
In the Industry group ranking this week, we have found change happening after many weeks of continued patterns.

Top order of industries:
Auto Lcv/ Hcvs have replaced Telecom-Equipment on the top place, followed by Major Cements, Machinery and Personal care.


Bottom order this week is as follows.,

 Heavy Engineering.
 Civil Construction
 Computer Accessories
 Services

New High/ New Low, is going balanced with highs still topping the list but in very low numbers. Markets mid- level range is getting confirmed here as not many stocks are either going up on down.

Big Money Channel Stocks on Friday:-
Andhra Sugars:
With both EPS rank at 93.57 & PRS Rank at 92.63 and volume growth of 117.12% above average confines this stock into a clear BMC group. Weekly volume growth is 13% above average, this is a point of concern in this stock. Now we shall find a buying opportunity in this stock. The results are yet to be released for the 3rd quarter and hence we are using 2nd quarter results for EPS ranks.
Having a Sales growth of 80.26% and an EPS growth of 438.88% and a profit margin of 13.71% all is well for this stock on the fundamental side. Fund representation on the stock is poor with no sponsorship in the current months. On the technical side weekly chart is gaining strength on both the indicators as well as on price. The nearest resistance of 129.50 and since this was done with a big volume; the trend is expected to continue.
But on the previous such move the stock gave back to hit stop. So, even if we have a strong buy signal, stop implementation on every trade is a must. Trade long at 129.50 with a stop of 119.10.

Satyam Computers:
Satyam is another stock that confirms to the Big Money Channel parameters with an EPS rank of 93.21, PRS rank of 91.01 and volume of 78.48% above its average volume. Weekly volume growth is at -7.74% which is a negative for the stock to be buy candidate.
Sales growth of 28.50%, EPS growth of 720.16% and a profit margin of 15.66% with a sales and NPM growth rank at 94.64. But the stocks ROE is negative at -5.90 which will put this stock out of our radar. We want to invest in stocks that command superiority on every parameter. The markets at present are sideways on the long term with bearish sentiment still hanging above with a strong presence. So, there are chances many prominent stock signals may turn unviable while using other data.

Funds have totally exited from the stock which is again a negative for the stock. The fundamental data that we are comparing the stock with are of 2nd quarter, once the 3rd quarter results come out the ranking may change and turn the stock unfavorable too.

On the technical side, weekly histogram is gaining strength and there is a good resistance at 78.00. A breach of resistance with good volumes will be a positive to the stock. But, still this stock is a wait and watch candidate for now. Keep it on the shopping list and track regularly, once the results are out, we can have a better view of whether we can invest in it or not.

Calls for the Week.
Long
Stock Stop Entry 1 Entry 2 Target R/R Position
Patni 403.90 433.5 418.70 536.85 5.25
AmtekInd 78.15 89.1 83.60 114.8 4.23
BSTRANS 122.35 128.55 125.45 159.6 6.54
Chettinad 500.35 522.2 511.25 590.05 3.94
Havells 393.75 406 399.85 454.2 4.23
Kale 101.95 111.7 106.80 148.15 6.00
HindUniLvr 365.2 384.35 374.75 429.3 3.27 Progress
MICROTECH 146.25 156.4 151.30 182.45 3.89
Mindtree 401.7 414.1 407.90 469.5 4.75
KAMAT 103.7 110.05 106.85 136.9 5.95
RAJTV 69.9 77.4 73.65 94 3.81
SHREECEM 1982.55 2066.4 2024.45 2244.65 2.76

Shorts
Stock Stop Entry 1 Entry 2 Target R/R Position
BHEL 275.75 291 306.25 227 3.59 Progress
HDIL 78.71 89.395 100.08 49.8 3.17 Progress
Ster 109.76 116.64 123.52 87.05 3.71 Progress
Suzlon 25 27.925 30.85 16 3.53 Progress

WeekLy Trending
Symbol Entry Stop Position
Aban 454.95 326.65 Progress
Adani Power 89.55 67.75 Progress
ICICIBANK 879.15 673.1 Progress
Nifty 5464.8 4602 Progress
BANKNIFTY 9539 7926.8 Progress
PNB 956.5 764.7 Progress
SESAGOA 213.45 155
LT 1383.9 974
SIEMENS 121.45 86.45

As markets have turned positive, there are more number of long trade calls on the pull back system, many do not get entries and get repeated every week. Those that have got their first fill will be shown as Progress, which indicates trade in progress.
Weekly trades are based on trend following methodology, hence risks are likely to be higher, traders are cautioned to have adequate risk capital and give minimum open risk for each trade.
Have a very happy trading

 

[Easytrader]

I also see from your avatar box there is a name called Bravisa Temple tree what that mean and there's a website also with that name are you both same