Bajaj Holdings and Havells

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

Please add following stocks to your watchlist

These two stocks are making new highs in this dull market.

Havells India - Very strong uptrend. Might be little late to enter but since no pullback has been seen, I think it will keep raising.

Bajaj Holdings just started moving higher. It consolidated for long time and now moving higher with heavy volume.

Market just went through a mini correction due to strengthening dollar. Right now market is very oversold and could bounce anytime soon. Selectivity will be key in this market. Rest of the NIFTY components are still in the range bound move except Pharma Sector.

I am still on vacation and will be more regular on postings after Jan 10 2010.

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Grasim looks good

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Grasim is taking support on 150 day line. Lot of buyers buying the stock. Look at the long green volume lines. Keep an eye on it. Technically this is a good chart pattern and also good entry point.

Zee Entertainment leaving the base. The stock is above 150 day line, it is also above 21 day line. Consistently closing above the base. I belive it will reverse on next dip and thats when you could enter it. Very good buying support.

I will be travelling next few weeks so will not be able to post blogs frequently. As soon as I have some time, I will keep you updated.

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point) LIVE NIFTY CHART (Short Term)

Learn the life cycle of a stock Draw Chart of your Stock

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Market is FLAT

Click Here to Receive Free Daily Tips to your email

Dear Investor,

I looked at 300 stocks to check the trend of stocks in NIFTY. I was surprised to observe that every stock is trading in a flat range. It the range is very well defined. This pattern is exactly what is called as base. When stocks will start moving out of this range, we will find new trend. It could be uptrend or downtrend. Usually it is a uptrend after such a long base.

NIFTY is in a block of 4500 to 5000.

SAIL in perfect FLAT trend. Buy the low and sell the high.

RELIANCE - Very clearly defined vibration block. Buy the low around 1800 and sell out around 2150.

Reliance Infrastructure in the range of 1080 to 1250.

HERO Honda vibrate in 1500 to 1700 range

AXIS bank in 830 to 990 range

In India stock market the move happens very fast at the beginning of trend. Once that uptrend phase is over, they keep the stock vibrating in a particular range for months together. In this period you will be thrown out of the market by taking periodic dips within the base. It will test our patience for months together and one fine day all these stocks will leave there base and move higher or lower. Certainly there is no catalyst to move either up or down so we are just vibrating in a range.

Since MARKET is FLAT, identify the block of your stock and buy when it touches to bottom of the block. You can easily identify the trading block by looking at the simple chart drawn from links at the end of the email.

THE BASE BUILDING IS IN PROGRESS SINCE JULY. NOTHING MUCH HAS HAPPENED SINCE JULY RUN UP. NEXT MOVE IS NOT CLEAR AND HENCE WE ARE TRADING IN A BLOCK.

THIS MARKET IS FLAT.

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point) LIVE NIFTY CHART (Short Term)

Learn the life cycle of a stock Draw Chart of your Stock

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Mahindra Ugine - Breaking out of base

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

We just got the BUY signal similar to the one we got in July 2009.



Check the blue channel line that is in uptrend. We are moving down and back to the center blue line. The rate of growth is very slow. Total range of movement is around 1000 points. Markets is moving away from center line and returns back to the center line. Overall trend is UP but the rate of growth is FLAT.

Mahindra Ugine - Very nice base built over a period of 6 to 7 month. This stock just breaking out of its base making it compelling buy. Stock is above 150 day moving average line which is great. If overall market does hold then this one is likely to lead forward. Buy when some weakness is displayed by the market to have best possible entry. Just don't buy right away. Give some time, watch it and then move forward.

Overall Dollar strength eroded in last few days so markets are again marching ahead..somehow they are lacking the conviction to keep moving higher. The market is basically trading FLAT near its mean line.

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point) LIVE NIFTY CHART (Short Term)

Learn the life cycle of a stock Draw Chart of your Stock

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

When to start counting 150 day line?

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Mike asked me a question yesterday
"I take a stock today and want to know its staring point for 150 days movement. From which point or month do I start?"

Please check following chart of MARUTI one of the early leaders in this rally. That starting point to really find the 150 day beginning is around FEB 2009. The problem is we will not be able to find the starting point just like that.

MARUTI

The best way it to start by drawing 2 year chart. 2 Year history from today. You will clearly find a break point from which the stock starts to move higher. If the stocks price is below 150 day line then its in bear market.

When to short a stock?

Look at the ICICI BANK chart. Its break point was in May 2009 to go long in the stock.

Lets see if it would be appropriate to short it today. The stock is above 150 day line so its in long term uptrend. Will it come down in next few days. who know. it might. But Is that a true short point. I guess not because it could bounce back hard. Then when was the true time to short this stock.

Look for Feb 2008 time frame. This is the time when ICICI back closed below its 150 day line. It started true fall from there and did not stop until Mar 2009.

The stock rallied many times withing this time frame but never cross the short point of 1100. Check the following chart with ICICI bank with 50 day line

Look the rally up to 50 day line and going down, it rallies back down and goes down again. This whip-saw action kills lot of traders.

Check DLF chart and send me your answer about when was the correct time to short this. And if you could tell me what to do today?

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point) LIVE NIFTY CHART (Short Term)

Learn the life cycle of a stock Draw Chart of your Stock

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Orbit corporation chart

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

Please study following chart of Orbit Corporation

This is classic pattern for a long term growth stock

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)

Learn the life cycle of a stock

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Vijaya Bank

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

Please add following stocks to your watchlist

Buy Vijaya Bank Stop Loss 38 Book Profit 54
Buy Indian Bank Stop Loss 145 Book Profit 185

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)

Learn the life cycle of a stock

Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

How to check your investments health

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

We learned about importance of 150 day moving average line in previous blog.

Let’s learn to draw the charts and understand health of your investment

1. Use following line to open chart of NIFTY

http://finance.yahoo.com/echarts?s=%5ENSEI#chart3:symbol=^nsei;range=2y;indicator=ema(150)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined


2. This link will open following screen for you



3. Start typing the name of the company you want to check the chart in above box.
4. Select the correct company code with .NS at the end of the code
5. Check the current phase of your stock

Can you identify the current phase of Suzlon for following chart?

Stock is below 150 red day line so it is in downtrend. Until it closed above 150 day red line it will remain in downtrend.

It will not shoot up higher from here just like that. It will have to build a base. Base means trading in a range for few weeks or months before moving higher.

Let me know if we should be buying reliance industries after looking at the following chart at indiastocktrend@gmail.com

http://finance.yahoo.com/echarts?s=RELIANCE.NS#chart3:symbol=reliance.ns;range=1y;indicator=ema(150)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined


Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Lifecycle of a Stock

Dear Investor,

It is important to understand the life cycle of stock and its effect on your portfolio. It will help you decide to be in a stock or exit a stock.

Stocks have 4 life cycle phases

1. Base Builder Phase
2. Growth Phase - Uptrend
3. Topping Phase
4. Falling Phase - Downtrend

You will know these phases from Chart of a stock. Draw a simple chart along with 150 day moving average line. We will learn how to draw these charts later.

Basic Rule 1: A stock trading above its 150 day moving average line is in uptrend. A stock trading below its 150 day moving average line is in downtrend.

Let’s study the life cycle of JP Associates from 2007 till today and make a decision to buy or sell the stock today Nov 08 2009

Step 1 is to identify what phase are we in? Uptrend or Downtrend?

The JP Associate Chart Image below clearly identifies the Uptrend and Downtrend in this stock. The problem with this system is that it is simple.






Based on this chart correct time to buy the stock was 20 Apr 2007 at around 120 and time to sell the stock was 10 May 2008 at around 250. You would have gained 100%. That is doubled your money.

Next opportunity arrived on 7th April 2009 at around 100. The question is, should we sell the stock today at 220?

Answer is simple. The stock has not closed below the 150 day moving average line consistently. Until that happens we will not sell the stock.

Next question is should we buy this stock today? Answer is YES. Stock has just closed near its 150 day line which is a good opportunity to enter the stock.

You will sell the stock if it closes below 150 day moving average consistently.

BASE Building Phase

Next most important concept to understand is BASE Building phase.





Blue boxes above with text BASE 2007, BASE 2008 and BASE 2009 are called bases for the stock. This is the most volatile phase in the life of a stocks life. This is the phase were most of us keep getting in and getting out in the stock at loss. We loose most of our money in this phase.

Day traders make or loose lot of money in this phase of the market. This is different style of trading where risk is more and rewards are limited. The best entry is after the range bound trading is over and stock closes above 150 day line.

BASE BUILDER is a range bound trading in a stock. This phase could happen for days, weeks or sometimes months. After this phase is over, the true uptrend in the stock starts.


Can you identify when to enter or exit the NIFTY stock market chart? If yes then all my efforts to write this blog have paid off.

From above chart, it is clear that we are in bull market. This is the reason I keep telling you that we are in bull market and after this correction is over we will move higher. If we close below the red line for 4 weeks then the tide will change and we will be forced to exit the market.

The best point to enter the market is when it is near its 150 day line and holds that line. We are very close to that today.

Good Luck and God Bless

Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Change of Character in Market place

Click Here to Receive Free Daily Tips to your email

Dear Investor,

There is sudden change in market characteristics. Last post we mentioned about support line holding. As you all already know the support did not hold for many of the stocks. That is a change in character of market place. We have suddenly turned from buyer to net seller. The stocks which nobody wanted to sell and only buy are now being sold at much lower rate but nobody wants them now.

Quick scan at most of the stock show that we have experienced a sort of mini crash in stocks. Most of the stocks have either broken there 150 day support line or have returned very very close to 150 day line. There is too much technical damage in the stocks.

I do not believe that market will suddenly shoot higher from here. We will have to trade in some kind of range before moving higher. Well, This might be the best buy point or may be the best sell point. Its very hard to say that from the chart.

If we carry bullish sentiment then we should be buying at these prices. The only concern to me is that the selling to so much and so much continuous. It means the big players are getting out of stocks. We need to see at least two higher closing within the space of 4 days. Then we could move forward with buying. Right now you should be 70-80% in cash.

The reason what I see is strong dollar. The trend is taking hold and it will force the FII to get out of risky assets like stocks. Since we have broken 50 day support on NIFTY, it better to be out and watch. I have been warning you since Oct 2009 that the time is not good for trading.

Well, here we are now. If market keeps selling then its better to keep raising cash. If we had hold 4750 then we were good placed. Now the situation is changed. 4750 is broken and we will quickly move to 4200. That appears to be the most likely outcome.

The push higher is less likely now. So trade less.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Near the most important support line

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Following are few charts for you to understand where we stand today.

We are almost where we were in July 2009. Its the most important support we must hold in order to go back up. I don't mean to say it should start rising right away. But it should just stay here and around some range near those prices.

We just wiped out all the gains since July 2009.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Selling probably is completed. May be time to buy has arrived.

Click Here to Receive Free Daily Tips to your email

Dear Investor,

We had a panic sell off yesterday. Look at the red volume lines below. Too many people throw in the towel and rushed back home. That's what the market needs to get you out. I am still with my bullish sentiment meter. We will see in next few days if this was really a bottom for now and next leg up would begin. I am flexible and change as the market changes.

The important point is to know why to take the stand what you take. I will be become a all out bear if market closed below the blue line in following image. Until then every dip is a buy. Market is dipping for last few days then why only yesterday dip. The reason is Very high volume selling. We might have few more days like this but you can't really catch the bottom of this thing. We should start looking at opportunities now.

Please add following stocks to your watchlist

Buy Sundaram Fastners Up to 48 Stop loss 35 Book Profit around 60

The reason I think this is a buy because when the market fell every day, this stock kept moving up. The meaning is that somebody knows the value of this and is accumulating. We will sell is below 35 because then it would mean that it was a fake move. Why stop 35 and not 33 or 37? If you carefully look the chart below, you will find that it always took support at 35. That means investors don't sell it below 35.

Tata Tea found support in the market washout of yesterday. Not bad for quick trade.

Buy Tata Tea up to 860 Stop Loss 810 Book Profit around 900

Wipro is another stock which is defying the market action.

Follow few simple rules

1. No single position more that 10% of your portfolio.

2. Do your home work. Don't buy because somebody told you.

3. Keep the stock longer. Time will make you more money than timing the market.

4. We are in bull market until we close below 4200.

5. Always keep some money on sideline.

6. Enjoy life all the time, because we have only one to live.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

USD under accumulation

Click Here to Receive Free Daily Tips to your email

Dear Investor,


The equation is changing. Easy money is leaving the market. Check the following chart of US Dollar. Observe the volume for past three days. Huge jump in volume. I think people are expecting something strong from FED meeting tomorrow. That will either make or break the markets. If you can wait for tomorrow before making your trades it should help. Market is not going anywhere. It will always be there for you to play.


If US Dollar accumulation trend continues, I guess not very good for stocks.



I do not give intraday trades at this blog site. I do not have equipment and resources to do it. My analysis is end of day. It is for short to medium term investor. Since the market is not in good health, I have not posted any tips lately. Lets miss some gains when we don't understand the situation. I have had few people desperately looking for tips, unfortunately its not the good environment to do it. Desperation will cost you too much money. Investing is an art to enjoy. The one who panics or gets excited or gets desperate will be used by the market and eventually be punished for not having emotion control.


We will get excited when the equation changes.


NIFTY has touched 50 day moving average line. Check the green line on NIFTY chart

We will know if it holds it or breaks it in next two days. Standby and meanwhile go out and enjoy life.


( Those people who are in for more than 2-3 years and have stocks of good companies should not panic and sell out soon. Market has not given any crashing signals yet. We are well above 150 day moving average line. Do your analysis and take good decision )

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Somebody is quitely loading up Cranes Software

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

Please add following stocks to your watchlist

Buy Cranes software above 45

Somebody is loading up Cranes software. Keep an eye on it. If closes above 45 and stays above that level for 6 days, consider taking your position. Do not hurry in taking you position. After the quite period it will not double in a day or two. It will give you enough time to buy above 50. We are not looking to make 5 - 6 Rs gain. The pattern it is forming is extremely bullish and should render 50 to 70% gains.

Take your time. Keep watching and then buy above 45

Nifty update is that it is trading on very light volume. Slight downtrend since it closed below 21 day average line. Lets see if it holds. The most critical level is 4600. It will be either be a buy point or exit point based upon its strength at that level. For now we are holding 4900.

If you have read my previous blog, I mentioned that OCT is not a good month to invest and we can see that from the portfolio link above. If you booked profits in last week, you were lucky. Most of the stop loss have not hit yet, thats a great sign. Lets see what tone market takes going forward.

The next catalyst for continued uptrend is missing for now. In fact we have a bad news at our doorstep.

There is big news circulating about dollar strength. If you understand chart, check the strength of this move

http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=0&mn=6&dy=0&id=p37193263057&cmd=print

This could be huge if gathers momentum since FII's will be forced to sell and convert money into Dollars. Right now they have invested cheap dollars and dollar strenth could change the entire equation.

Remember we are in a bull market until we close below 4200 constantly for six weeks, until then we are in for buying the dips in market. In fact 4200 will be a great entry for us.

Stay alert, Keep your stop loss ready in case you need them. Upside appears limited for now so avoid new investments only manage your existing positions.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Waiting for next move

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

I have not recommended anything recently since most of the NIFTY leaders are behaving very different. Maruti Udyog, Nestle and Hero Honda were the leaders of this rally. They have started to sell off on heavy volume. Its a red flag for us and we need to wait for few days until the leaders start rising again.

Nobody really made wealth by day trading a stock. Its a myth that you will make big money in those big daily moves. Few blessed with inside information could only make such wealth. For rest of us we should be focused on short to medium term trading.

You must know the reason why you bought and why you would sell. Right now we are in bull market. It means there will be few scare the people sell offs. The sell offs are designed to kick out the weak hearts and get their money. After the sell off ends, everything will rise together and you will not have any entry point.

So trade with medium term view. Hold your positions. Don't get afraid until your stop loss is hit. This market will keep rising going forward. A serious correction will be really nice for all of us. Unfortunately it has not happened for so long.

GeoMetric is showing some strength. If it sucessfully closed abot 53 for few days you could consider adding it to your portfolio. Similar case with Nucleus software.

Learn to stop trading when it does not make sense. Wait patiently and market will present you the opportunities.


Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Why Stop Loss is important?

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Wish you all Happy Diwali and lots of money in stock market in 2009-2010. May God bring health and peace of mind to you and your family. Greatly thankful to you for reading my blog and supporting me. You are best.

Check Our Current Recommendations

Lets understand Why I always insist on Stop Loss. These words create instant negative image in our mind because of word loss in it. Certainly its bad if you have to take it. Here is what I want you to understand.

1. Stocks always keep going up and down (It vibrates)
2. Stocks go down as soon as you buy them...almost always ( Some may be just lucky but not the rest of us )
3. Stocks go up as soon as you sell them or they are not in your portfolio
4. You must hold stock at least for 12 days unless your stop loss is hit

Predetermined stop loss, gives you ability to stay in the stock even though you see a red color in your position. Again, it gives you ability to stay in the stock even though you see a loss in your position. It is very important to hold in that condition. You must hold until the stop loss price is hit then and then only you will see the growth in your money. You need greater emotional control and detachment from money there. This is my message for 2009 Diwali to you. Hold until stop loss is hit. No selling until that point. Just keep it. As soon as your stop loss is hit you must exit and book the loss.

Another great news for all of us that we have long term buy signal on NIFTY.

NIFTY has given the most important long term buy signal. Similar to the one which we got in 2003. That means long term bull market is launched this weekend. There will be corrections and run up higher but structurally we are at the beginning of huge bull market. I want to stress on the word beginning of the bull market. Its important to carry this mindset in your trading going forward. Look at the following chart why I say so.

This is monthly chart of NIFTY for past 10 years



Please add following stocks to your watchlist

Housing Development & Infrastructure - HDIL - Stop Loss 330 Book Profit 500
Uptrend already started



Gujarat State Fertilizers & Chemicals - GSFC - Stop loss 140 - Book Profit 265
Uptrend about to begin



Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Petron Engg

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Please add following stocks to your watch list

PETRON ENGG CONSTRUCT LTD Buy up to 187 Stop Loss 140 Book Profit 220-280
ICSA India Ltd. Buy up to 220 Stop Loss 190 Book Profit 350


Satyam Computers has come close to its near term resistance. Once it clears the resistance it should try to run higher. We must wait for it to clear the hurdle though.

Day traders : Apollo tyre could give quick gains or quick losses too.

Lot of actions in banks. Not sure what to do. We have South Indian bank on our list and also Federal bank from last month.

PS. Never bet all your money on one single stock. You need some capital to be in the game. So play safe.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Welspun Gujrat

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Please add following stocks to your watchlist

Welspun Gujrat is trading on lighter volume than what you would like to see. The trend is up and its a strong trend. Past few weeks its trying to move higher. The movement is slow so this one might not work for day traders. Good for medium term investor.

Welspun Gujrat Stop loss at 226 Book Profit at 347



Great earnings are being released in US market so it appears that the problems of economy were hyped up. New bear market thinking is taking hold but why believe in that when whole market is holding well. We will see when it starts to correct.

Day traders could keep an eye on PTC, Ador Welding and Shiv Vani Oil. Good volume trading is happening here.


Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

South India Bank and Hotel Leela for risk takers

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Please add following stocks to your watchlist

South Indian Bank is on march. Recently it moved above its resistance line at 131. We are actually very late to this party but better late than never. Please keep your stop loss tight. Market is toppy. These trade are for more aggressive traders who quickly get out if situation changes rapidly. Deploy limited capital, add more if you see your position in green.

South Indian Bank Buy upto 132 Stop Loss 109 Book Profit 160

Hotel Leela is in perfect Cup with Handle pattern. Its a long term bullish sign. I see good volume popping up the stock. This one could easily go to 60. Again accumulate slowly.

Hotel Leela Buy upto 41 Stop Loss 33 Book Profit at 50

In general market has been strong all over the world. Early earning reports are coming good in US so likely to be good earnings season. Besides the fact market is bullish we must be ready to switch the positions when the market tells us. Update on US dollar is that it is still weak so the stock markets will continue to be strong.

I want to thank all of you to be reader of this blog and helping me build the subscriber list. We are already above 500. I have to tell you about the short term trading technique. I will write a blog on that soon.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Jet Airways Breaking out

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Please add following stocks to your watchlist

Jet Airways is breaking out on heavy volume. If you buy it keep your stop loss at 360.

Bajaj Finserv, Gammon India could be also be watched

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Not a single one found

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Please add following stocks to your watch list

I have not added any positions to the Oct 2009 portfolio yet. The reason is simple, I am not able to find a single one. All the stocks show green at superficial level but when I look at the charts. Its not convincing.

Those who have already missed out on huge rally are extremely impatient now. They are willing to throw in money at the market because it always goes up. It has been for past 6 months. We are on the verge on earnings season. Stocks are pausing and waiting for actual results. They have priced in huge growth already. They will check if the stocks prove them right otherwise they will exit. The trend is still bullish and has lost the momentum for now.

I want to show you something very interesting regarding US Dollar value and NIFTY performance relationship. Past few months US dollar is continuously loosing value and hence putting pressure on International money managers to keep buying emerging market stocks to retain the value of their money.

Following is chart of $USD. Since March of 2009 it has been continuously dropping. This is where FII's are forced to buy other assets to preserve their value of money. At the end of this chart is pressure gauge MACD. MACD tells us if the buying pressure is on or Selling pressure is on. Right now the selling pressure is reducing. What I mean is the rate of sell off in USD is reduced to a such a point that it could give a buy signal. That will be very bad of NIFTY. We will see that in next chart.

Look at the NIFTY chart generated by the same software. Exactly after Mar 2009 the market took off and FII's kept buying. I told many times that FII's are buying like no tomorrow. The reason is very clear from above chart. As long as USD keeps loosing value the markets will keep rising. Recently we have seen rate of rise has reduced. What do you think happened? I guess, the rate of USD fall has reduced and same is reflected in charts below. Please note the MACD pressure guage at the bottom. The buying pressure is reduced on NIFTY.

Let's put both the charts together. The line with red color is USD and the other black line is NIFTY. Its clear like water that they are in some relation to each other. The dollar falls, NIFTY rises and dollar gains causing NIFTY to fall. If we end up seeing some correction, It could be certainly linked to USD and not the performance of Indian companies. It does not matter, as the dollar rises, FII sell their stock. Thats the rule they learn in their trading schools. They make no exceptions to their rules.

The economic picture of USD is very bad for now. We do not know when it will improve but this is a trading world. We buy because others are buying and we sell becuase others are selling. Thats why fundamental analysis does not prove itself right all the time. Its either buy buy buy or sell sell sell. When the buy buy buy starts on dollar nobody will look at the fundamentals.

I am not finding any stocks which would invite money as of now. I just don't want to give any stock and burn with it. I am staying away from the market for this month. Unless I am convinced that its the right time to enter which I will only know from charts. Check current recommendations in OCT 2009. It is not working. Right now, I think we should not trade on the feeling on missing out. Missing out has been one of my prominent feeling which made me put the money down. October is not a good month of investors. It might be just helpful to watch the game unfold. If we miss that will be okay. At least we would know what is the next direction of this market. Until then, lets not fight to make money every single day. Its always good to take vacation for your health and money.

Live US Dollar and NIFTY comparison

Thanks
Anil

Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Sep 2009 Performance

Click Here to Receive Free Daily Tips to your email

Dear Investor,

I believe in having a accountability on what you say and how it performs. Following is the list of stocks we thought of buying in Sep 2009. Most of them have gains and few of those are in tiny losses. These all were selected based on correct chart pattern. When I saw the results, It did not really jump big, I started doubting the rally. We have started new book for Oct 2009. Click here to check the new OCT Recommendations.

I am looking for getting a hand on NIFTY Advance-decline line. If anybody knows where I could see it please email it to me at indiastocktrend@gmail.com

Here is how we did in Sep 2009

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

Orbit Corporation, Ramspura Industires and Valecha

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Please add following stocks to your watchlist

Ramspura Industires Buy up to 84 Stop Loss 73 Book Profit 110

Valecha Engineering Buy up to 100 Stop Loss 84 Book Profit 124

Orbit Corporation Buy up to 265 Stop Loss 188 Book Profit 320

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.

2008 and 2009 NIFTY Similarity

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Today I thought of bringing out few similarities I notice between today's NIFTY behavior with the 2008 Crash behavior. This will be little complicated for people who are only interested in hot tips. I will help you better if you learn how the market always tips you before main event unfolds. If you can't see the chart clearly then click on it to see it bigger.

Points to note
1. Red line in the chart is 50 day moving average line. Observe that market did not correct to 50 day line for 3-4 months
2. Bollinger band green lines were compressing
3. After 3 months of range bound trading marked by blue lines, It crossed below the red 50 day line
4. Big correction followed after this event
5. Also look at the indicator at the bottom of this chart. When Red line moves above blue, its a sell signal




Now lets focus on today's market NIFTY 2009



1. Red line in the chart is 50 day moving average line. Observe that market did not correct to 50 day line for 3-4 months. Only once it touched the red line
2. Bollinger band green lines are compressing
3. After 3 months of range bound trading marked by blue lines, It has still not crossed below the red 50 day line
4. Look at the indicator at the bottom of this chart. When Red line moves above blue, its a sell signal. Its not signalling a sell yet but could be close to it.

I find too much similar characteristics between today and just before 2008 correction. Point to take home is to be extra cautious. Times are certainly not exciting and certain cash position should be prepared. I am not suggesting to sell all you have and exit the market place. My job is to educate you to look from all perspectives and keep an open mind to future happenings. Its hard to predict the future but we can certainly learn from past.

We are still not ready for a big sell off yet..until the 50 day red line is taken out.

Thanks
Anil



Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.