BraViSa TempleTree-India Market Calls
- Thread starter d_s_ramesh
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Technology and consumer goods Sectors outperformed in the markets the previous session. All the top line stocks in these groups viz., ITC, HINUNILVR, TCS, INFOSYS, WIPRO etc., have both their weekly and daily charts gaining strength.
There are high probability long trade opportunities in these stocks on the coming days. Keep a close watch on them.
NIFTY & DLF has a long call in the hourly charts. Trade long NIFTY above 5979.50 stop 5943, target 6065 and DLF above 349.80 stop 347 with a target of 365. Market can go sideways too, hence expose lesser risk and maintain strict stops.
There are high probability long trade opportunities in these stocks on the coming days. Keep a close watch on them.
NIFTY & DLF has a long call in the hourly charts. Trade long NIFTY above 5979.50 stop 5943, target 6065 and DLF above 349.80 stop 347 with a target of 365. Market can go sideways too, hence expose lesser risk and maintain strict stops.
Technology and consumer goods Sectors outperformed in the markets the previous session. All the top line stocks in these groups viz., ITC, HINUNILVR, TCS, INFOSYS, WIPRO etc., have both their weekly and daily charts gaining strength.
There are high probability long trade opportunities in these stocks on the coming days. Keep a close watch on them.
NIFTY & DLF has a long call in the hourly charts. Trade long NIFTY above 5979.50 stop 5943, target 6065 and DLF above 349.80 stop 347 with a target of 365. Market can go sideways too, hence expose lesser risk and maintain strict stops.
There are high probability long trade opportunities in these stocks on the coming days. Keep a close watch on them.
NIFTY & DLF has a long call in the hourly charts. Trade long NIFTY above 5979.50 stop 5943, target 6065 and DLF above 349.80 stop 347 with a target of 365. Market can go sideways too, hence expose lesser risk and maintain strict stops.
Thanks Ramesh for very Good idea. Amazing returns.
I could not make money in DLF. I put a stop at 348.9. I was out at that point today but the stock did rally. I should have put a deeper SL.
Would you please comment on RIL. My Average buying price is Rs 1014. How long should I wait to get 1050+. I am not able to understand why RI L is not moving. I can wait longer if the stock can make new highs. Otherwise, I intend to exit around 1050-1060.
Every tom dick and harry is moving in this market.
HUL made a new high. SBI did it. Infy is doing. ITC is booming.
Can RIL make new highs in the near term?
Please suggest something for monday. I work in cash segment and options. Please suggest an investment idea as well if RIL is not worth investing these days.
Thanks
Puneet Arora
I could not make money in DLF. I put a stop at 348.9. I was out at that point today but the stock did rally. I should have put a deeper SL.
Would you please comment on RIL. My Average buying price is Rs 1014. How long should I wait to get 1050+. I am not able to understand why RI L is not moving. I can wait longer if the stock can make new highs. Otherwise, I intend to exit around 1050-1060.
Every tom dick and harry is moving in this market.
HUL made a new high. SBI did it. Infy is doing. ITC is booming.
Can RIL make new highs in the near term?
Please suggest something for monday. I work in cash segment and options. Please suggest an investment idea as well if RIL is not worth investing these days.
Thanks
Puneet Arora
DLF target reached on trade day itself. A 4.41 R Multiple trade in a single day.
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Thanks Puneet,
Your stop placement on DLF was a little mis-judgment. But you can learn to perfect it as you continue to trade with your system and master it to perfection.
RELIANCE: The supremacy of Reliance in our market is history now. If we start writing about it, it will end up into a long story. Investor fancy for Reliance is over, when investors thenselves shun it, traders are a shrewed lot who do not bother to be behind it when there are a slew of stocks which give far better returns.
As of Reliance's closing this week, its weekly chart is rising from a very strong bottom of MACD, daily has a peak on the super strong indicators. Price has tested value zone.There is a likely probability of it moving up to breach the recent high, which is close to the levels you expect to exit. In case there is further momentum building in it at those levels, It has a possibility continue a little further, from there it will try to re-test lows. Where there is a possibility of a bullish divergence, while if the strength on the down move is strong, it may continue to fall.
In today's market summary, 70% of Energy sector stocks closed with near 2% gains, 15% of them closed with above 2% gains while 15% lost between 0-2% in their values. Reliance being the leader of the market, it should have naturally performed better, but it lags.
You may exit your position in Reliance on the next move up and shift your capital to work its way in better stocks which are all around our market. Financial Sector is doing great rounds. Term lending Institutional Industry index performed strong today with IDFC giving an above 5% bull run. Many front line banks are in good runs.
Your stop placement on DLF was a little mis-judgment. But you can learn to perfect it as you continue to trade with your system and master it to perfection.
RELIANCE: The supremacy of Reliance in our market is history now. If we start writing about it, it will end up into a long story. Investor fancy for Reliance is over, when investors thenselves shun it, traders are a shrewed lot who do not bother to be behind it when there are a slew of stocks which give far better returns.
As of Reliance's closing this week, its weekly chart is rising from a very strong bottom of MACD, daily has a peak on the super strong indicators. Price has tested value zone.There is a likely probability of it moving up to breach the recent high, which is close to the levels you expect to exit. In case there is further momentum building in it at those levels, It has a possibility continue a little further, from there it will try to re-test lows. Where there is a possibility of a bullish divergence, while if the strength on the down move is strong, it may continue to fall.
In today's market summary, 70% of Energy sector stocks closed with near 2% gains, 15% of them closed with above 2% gains while 15% lost between 0-2% in their values. Reliance being the leader of the market, it should have naturally performed better, but it lags.
You may exit your position in Reliance on the next move up and shift your capital to work its way in better stocks which are all around our market. Financial Sector is doing great rounds. Term lending Institutional Industry index performed strong today with IDFC giving an above 5% bull run. Many front line banks are in good runs.
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Beta file for this week. We can find many changes happening in a slow phase on the index stocks. Prominent stocks are losing their shine. Out going stocks ABB, IDEA and UNITECH though are showing strength, it seems to be because of institutional re-adjustments in portfolios.
Apart from the above, the stocks that have gained on Beta values this week are, HDFC, HDFCBANK, HERO, HINDALCO, HINDUNILVR. The best among the gainers was HINDUNILVR.
This stock has gained good momentum, it can see further moves to higher levels in the coming days. Add this stock to your watch list and have a close monitoring.
Some trending calls for this week are TECHM, BAJAJHIND. PETRONET and TATACHEM for positional calls.
With the US markets closing on a strong note, NIFTY is likely for a new high on Monday and we will shortly see an all time High coming on the Index. The bull run is going to continue.
Apart from the above, the stocks that have gained on Beta values this week are, HDFC, HDFCBANK, HERO, HINDALCO, HINDUNILVR. The best among the gainers was HINDUNILVR.
This stock has gained good momentum, it can see further moves to higher levels in the coming days. Add this stock to your watch list and have a close monitoring.
Some trending calls for this week are TECHM, BAJAJHIND. PETRONET and TATACHEM for positional calls.
With the US markets closing on a strong note, NIFTY is likely for a new high on Monday and we will shortly see an all time High coming on the Index. The bull run is going to continue.
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Hi DS Ramesh,
Thanks for your call on Tata Chemicals. I still hold this share. I can see that volumes are good in the stock. What should be the possible target for this stock in the coming days? Can It pass 52 week high? Please advise.
I have been holding Bajajhind at Rs127 for one month. Can we expect 150 in the coming weeks? Please advise.
Thanks
Puneet Arora
Thanks for your call on Tata Chemicals. I still hold this share. I can see that volumes are good in the stock. What should be the possible target for this stock in the coming days? Can It pass 52 week high? Please advise.
I have been holding Bajajhind at Rs127 for one month. Can we expect 150 in the coming weeks? Please advise.
Thanks
Puneet Arora
Beta file for this week. We can find many changes happening in a slow phase on the index stocks. Prominent stocks are losing their shine. Out going stocks ABB, IDEA and UNITECH though are showing strength, it seems to be because of institutional re-adjustments in portfolios.
Apart from the above, the stocks that have gained on Beta values this week are, HDFC, HDFCBANK, HERO, HINDALCO, HINDUNILVR. The best among the gainers was HINDUNILVR.
This stock has gained good momentum, it can see further moves to higher levels in the coming days. Add this stock to your watch list and have a close monitoring.
Some trending calls for this week are TECHM, BAJAJHIND. PETRONET and TATACHEM for positional calls.
With the US markets closing on a strong note, NIFTY is likely for a new high on Monday and we will shortly see an all time High coming on the Index. The bull run is going to continue.
Apart from the above, the stocks that have gained on Beta values this week are, HDFC, HDFCBANK, HERO, HINDALCO, HINDUNILVR. The best among the gainers was HINDUNILVR.
This stock has gained good momentum, it can see further moves to higher levels in the coming days. Add this stock to your watch list and have a close monitoring.
Some trending calls for this week are TECHM, BAJAJHIND. PETRONET and TATACHEM for positional calls.
With the US markets closing on a strong note, NIFTY is likely for a new high on Monday and we will shortly see an all time High coming on the Index. The bull run is going to continue.
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