Stock Trading Recommendations:Bank Nifty,IDFC and JP Associate

Bank Nifty Bank Nifty made high of 12954, the day RBI reduced CRR rate and have been on declining mode from that day. Indian Current account deficit at record high, GDP lowest in almost 8 years and bad loans growing at rapid pace suggesting financials are in good health and same is reflected in benchmark … Read more

Stock Trading Recommendations:OFSS,BPCL and KTK Bank

Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance. There are some things we can control as traders and some things that we can not. We need to learn the difference to limit our frustration and win in this game.   OFSS OFSS bounced back sharply from its 200 DMA,and formed a … Read more

Intraday Stock Trading:Bank of Baroda,IDFC and LT

LT LT is forming multiple support in the range of 1521-1527, Stock has formed swing high of 1600 and has been falling continuously. Buy above 1538 Tgt 1547,1560 and 1570 SL 1527 Sell below 1524 Tgt 1514,1501 and 1490 SL 1537   IDFC IDFC has broken out of risisng wedge pattern and is now at … Read more

Stock Swing Trade:HUL,Dish TV and KTK Bak

HUL HUL we have covered 2 weeks before the results came and clearly indicated below 100 DMA stock will continue its fall till 470. Stock achieved target yesterday. Drawing Fibo Fans it seems stock has formed short term bottom if 462 is not broken on weekly closing basis. Buy above 484 Tgt 489,495 and 500 … Read more

Stock Swing Trade:KTK Bank,ONGC and Jsw Steel

KTK Bank KTK has been consolidating 170-186 after steep rise. Stock has trendline resistance at 176-178. Buy above 178 Tgt 181,183 and 186 Sell below 172.5 Tgt 170,168 and 166   JSW Steel JSW Steel has been trading in a proper channel and is now on upper end of channel.Unable to cross 865-866 range stock … Read more

Stock Trading Recommendations:Reliance,Tata Motors and Jubilant Food

Fear – To make money in trading you must be willing to take some risk. The more you are scare of losing money the more likely you could lose. Bullish won’t dare to buy, bearish won’t dare to sell. Got profits quickly take and only 100% sure win then trade. A little bit of cautiousness is … Read more

Stock Swing Trade:Titan,M&M and BHEL

“The market can stay irrational longer than you can stay solvent” – The way the market reacts to certain news or events may not seem rational at times, but there is no sense in trying to fight the market – it moves where it moves and does not care one bit about your opinion. BHEL BHEL … Read more

Trading Analysis:Infosys,Jsw Energy and DLF

Infosys Infosys the IT bellwether will be coming with its results tommrow before market opens. Stock has rallied in expectation of good results from series of bad results in past 3 quarters. Technically a symmetrical triangle formation is seen with resistance at 2380 and support at 2323. Buy above 2346 Tgt 2367,2380 and 2410 Sell … Read more