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Dear Friend,
2011 is year to believe in yourself.
The magic is in your hearts and desires.
Believe in yourself to achieve next best thing is life.
2011 Greeting Card for all my favorite blog readers
(As always, you are important for me. You provide me courage to write, discuss and be part of the community. I thank you for being with me in 2010 and we will work together in 2011. I wish to bring best on the table for all of us in 2011)
Wish you Happy New Year 2011
Cheers
Anil
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email: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.
Submit your feedback
Friday, December 31, 2010
Tuesday, December 21, 2010
Six Stocks Picks
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Dear Investor,
I have added six stocks to the recommendations list
Relatively Safe Investment
IDFC Infrastructure Development Finance Co. 12/21/2010 178.6
IDBI IDBI Bank Limited 12/21/2010 166.1
532809 Firstsource Solutions Limited 12/21/2010 23.45
Relatively Risky Investment
632281 HCL TECH 12/21/2010 450.9
JETAIRWAYS Jet Airways (India) Limited 12/21/2010 736.6
523756 SREI Infrastructure Finance Limited 12/21/2010 104.4
For more details please check following link
Check Our Current Recommendations
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Dear Investor,
I have added six stocks to the recommendations list
Relatively Safe Investment
IDFC Infrastructure Development Finance Co. 12/21/2010 178.6
IDBI IDBI Bank Limited 12/21/2010 166.1
532809 Firstsource Solutions Limited 12/21/2010 23.45
Relatively Risky Investment
632281 HCL TECH 12/21/2010 450.9
JETAIRWAYS Jet Airways (India) Limited 12/21/2010 736.6
523756 SREI Infrastructure Finance Limited 12/21/2010 104.4
For more details please check following link
Check Our Current Recommendations
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Tuesday, December 14, 2010
Petronet LNG Consolidation
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Dear Investor,
If you want to know what a Consolidation phase is look at the Petronet LNG chart. It is just ready to show some sprakles. Keep an close eye, if it manages to go above this range and stay there for more than 3-4 days then it will rally.
This is a weekly chart of Petronet. Reason for this picture is to look at previous consolidation and the move after the consolidation. This is called stage two consolidation.
With Oil reaching 100 dollars a barrel, I think time for Reliance Industries is coming back. No need to buy in hurry, overall positive indication are coming for this one.
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Dear Investor,
If you want to know what a Consolidation phase is look at the Petronet LNG chart. It is just ready to show some sprakles. Keep an close eye, if it manages to go above this range and stay there for more than 3-4 days then it will rally.
This is a weekly chart of Petronet. Reason for this picture is to look at previous consolidation and the move after the consolidation. This is called stage two consolidation.
With Oil reaching 100 dollars a barrel, I think time for Reliance Industries is coming back. No need to buy in hurry, overall positive indication are coming for this one.
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Sunday, December 12, 2010
Bright spots of red ink
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Dear Investor,
Besides the fact that we are selling off agressively we should start looking out for bright spots of this correction. Looks like some margin traders were hit last week and could not hold their holding in hurry to cut loss. This correction was not due to any other reason but due to self correcting nature of markets. The dollar, Euro crisis or scam in India are side stories. The way this market was going up it has to correct. It had set itself up for such a correction that I was screaming since Oct 2010. If you regularly follow my blog then you know I had estimated almost 30% correction. The reason is simple. In bull market corrections happen. Finding the time of correction is immposible but they do happen. Correction are the foundation blocks of future growth.
Mass media and mass people are get extreme bullish towards the end of rally. I call it the suckers rally. It sucks all the bulls including the one last standing bull that also jumps in towards the peak. And what do they buy, anything that comes along their way without any plan to protect themselves. At the end they say, "Stocks always fall after I buy them". This behaviors has been repeating for ages and it will repeat again and again.
Technical damage is a new concept I would like to talk today. Technical damage is a damage visible in stock chart. Generally after a stock chart is damaged due to sharp correction, stock will not rise soon. After the damage there will be a pause. A pause that could be as long at 1 year to never and as small as few days. Important thing for you to notice is does the stock stop falling and holds ground at set price. This phase is called consolidation phase. During this stage decision of further rally or next sell off will be decided.
We witnessed similar technical damage in NIFTY chart below. Now we should wait for consolidation. Consolidation is a range bound trading wherein nothing happens and market just keeps sucking people in and out. This is a toughest time for day traders because there is no trend in this period. They win some and they loose some. I believe they loose more than what they win.
Now is the time to start looking for opportunities in this market. Even though technical damage is steep we should focus on stocks that are close to their long term support lines. SBI is not a buy right away but if it continues to trade between 2700 range for few more weeks then you can take a bullish call and buy some core holding in SBI. Pattern to look for range bound trading around 2700 and a positive close above 2800 should pave a way for your entry into this stock.
Look at the technical damage of IDFC. Just taking support on its secondary 400 day support red line. It has to hold these prices and reverse from here.
Federal bank will be ranked higher than IDFC because it has not corrected all the way back to its 400 day support line but it is taking support at 150 day line.
I would like to watch Deepak Fertilizer to add to portfolio. Its chart is inviting.
Lets see if Allahabad bank can go low to its 400 day support line. That will be the place to start betting on this one.
Closing note: I will be out of town next few weeks so will not be able to share my thoughts until new year. I want to wish all of you a very Happy New Year. Trust me 2011 is going to be great year for stocks and therefore for all of us.
In stock market, Money is made with TIME and not TIMING the market. We are in a historic bull market ever seen by mankind so don't loose faith. Corrections will bring opportunities. Accumulate good quality stocks. Do not invest money that you need within next few months or within a year. You should have capacity to absorb the corrections and hold on.
!! Happy New Year to all of you !!
I thank you for submitting your feedback at the end of this email. Request others who have not already done so please give your opinion and suggestions for 2011.
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Dear Investor,
Besides the fact that we are selling off agressively we should start looking out for bright spots of this correction. Looks like some margin traders were hit last week and could not hold their holding in hurry to cut loss. This correction was not due to any other reason but due to self correcting nature of markets. The dollar, Euro crisis or scam in India are side stories. The way this market was going up it has to correct. It had set itself up for such a correction that I was screaming since Oct 2010. If you regularly follow my blog then you know I had estimated almost 30% correction. The reason is simple. In bull market corrections happen. Finding the time of correction is immposible but they do happen. Correction are the foundation blocks of future growth.
Mass media and mass people are get extreme bullish towards the end of rally. I call it the suckers rally. It sucks all the bulls including the one last standing bull that also jumps in towards the peak. And what do they buy, anything that comes along their way without any plan to protect themselves. At the end they say, "Stocks always fall after I buy them". This behaviors has been repeating for ages and it will repeat again and again.
Technical damage is a new concept I would like to talk today. Technical damage is a damage visible in stock chart. Generally after a stock chart is damaged due to sharp correction, stock will not rise soon. After the damage there will be a pause. A pause that could be as long at 1 year to never and as small as few days. Important thing for you to notice is does the stock stop falling and holds ground at set price. This phase is called consolidation phase. During this stage decision of further rally or next sell off will be decided.
We witnessed similar technical damage in NIFTY chart below. Now we should wait for consolidation. Consolidation is a range bound trading wherein nothing happens and market just keeps sucking people in and out. This is a toughest time for day traders because there is no trend in this period. They win some and they loose some. I believe they loose more than what they win.
Now is the time to start looking for opportunities in this market. Even though technical damage is steep we should focus on stocks that are close to their long term support lines. SBI is not a buy right away but if it continues to trade between 2700 range for few more weeks then you can take a bullish call and buy some core holding in SBI. Pattern to look for range bound trading around 2700 and a positive close above 2800 should pave a way for your entry into this stock.
Look at the technical damage of IDFC. Just taking support on its secondary 400 day support red line. It has to hold these prices and reverse from here.
Federal bank will be ranked higher than IDFC because it has not corrected all the way back to its 400 day support line but it is taking support at 150 day line.
I would like to watch Deepak Fertilizer to add to portfolio. Its chart is inviting.
Lets see if Allahabad bank can go low to its 400 day support line. That will be the place to start betting on this one.
Closing note: I will be out of town next few weeks so will not be able to share my thoughts until new year. I want to wish all of you a very Happy New Year. Trust me 2011 is going to be great year for stocks and therefore for all of us.
In stock market, Money is made with TIME and not TIMING the market. We are in a historic bull market ever seen by mankind so don't loose faith. Corrections will bring opportunities. Accumulate good quality stocks. Do not invest money that you need within next few months or within a year. You should have capacity to absorb the corrections and hold on.
!! Happy New Year to all of you !!
I thank you for submitting your feedback at the end of this email. Request others who have not already done so please give your opinion and suggestions for 2011.
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Tuesday, December 7, 2010
Lack of enthusiasm.
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Dear Investor,
We lack enthusiasm right now. NIFTY chart below is a summary effect of overall stock market. After three up days we are taking a pause here. This will be a key resistance point. But if you scan individual NIFTY components you will see a lack of enthusiasm. Most of these stocks are trying to reach their 150 day average line down. These are slowly correcting. So the panic sell off we witnessed might not be the last before a final bottom is put.
Have a look at what FII's have done since Nov 12 2010.
I see that net inflow of cash into market is slowly turned toward less positive or little bit negative.
US dollar is slowly gaining strength that is harmful to stock market rally because it pushes the FII to sell stocks and buy US dollars. The strength to dollar is coming from weakness in Euro. US dollar chart is looking more bullish because it did not reverse quickly after the rally. After few days of selling it is holding its value. If EURO picture deteriorated and dollar strengthens then we will have a deeper correction and probably good prices to buy later.
On positive note - Hexaware is near breakout point so can be added to watchlist.
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Dear Investor,
We lack enthusiasm right now. NIFTY chart below is a summary effect of overall stock market. After three up days we are taking a pause here. This will be a key resistance point. But if you scan individual NIFTY components you will see a lack of enthusiasm. Most of these stocks are trying to reach their 150 day average line down. These are slowly correcting. So the panic sell off we witnessed might not be the last before a final bottom is put.
Have a look at what FII's have done since Nov 12 2010.
I see that net inflow of cash into market is slowly turned toward less positive or little bit negative.
US dollar is slowly gaining strength that is harmful to stock market rally because it pushes the FII to sell stocks and buy US dollars. The strength to dollar is coming from weakness in Euro. US dollar chart is looking more bullish because it did not reverse quickly after the rally. After few days of selling it is holding its value. If EURO picture deteriorated and dollar strengthens then we will have a deeper correction and probably good prices to buy later.
On positive note - Hexaware is near breakout point so can be added to watchlist.
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Thursday, December 2, 2010
Two Stocks for Serious Considerations
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Dear Investor,
Check Our Current Recommendations
I usually don't write in middle of week but I found two good stocks trying to show some move is expected in them. So I decided to let you know about it. Overall as I keep repeating that this market has too many buyers that has been proved correct again. We just bounced off from the level where we should bounce off and we have started to march forward. There will be up and down days but keep your focus on long term trend that is up. Such corrections are opportunities to buy and not run away.
From NIFTY collection I added Mahindra and Mahindra and TCS to my personal portfolio. These stocks might correct in near term but I care less about such corrections (games).
Please add following stocks to your watchlist
ISMT is trying to come out of base. Buying it at this junction might be little risky. Notice how this stock consolidated in narrow range for months. This is weekly chart. It is trying to move above green resistance line and now stuck at around 70. If it has real power it will move above 70 and that is where we should place our first buy order of only 25% of your total planned investment. (if you plan to buy 10000 worth of stock then only buy 2500 worth stock for now and add if your selection proves correct) If it continues to march forward then you just caught a new trend which is incubating in some remote corner away from your attention.
Dish TV has exact same pattern as above chart. It just recently moved above its resistance line. I like the chart pattern. My suggestion buy 25% of planned value and if really works add more to you. The trend is about to start. I hope it is not a trap. I had similar chart patterns for Sugar stocks and those guys did not breakout. They infact broke down from these levels.
( On closing note, the world governments are printing so much money and planning to printing so much more, I just don't see stock markets to come crashing and loose its value. Its new reality for us. More paper money and expensive stocks and real estate. ).
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
Dear Investor,
Check Our Current Recommendations
I usually don't write in middle of week but I found two good stocks trying to show some move is expected in them. So I decided to let you know about it. Overall as I keep repeating that this market has too many buyers that has been proved correct again. We just bounced off from the level where we should bounce off and we have started to march forward. There will be up and down days but keep your focus on long term trend that is up. Such corrections are opportunities to buy and not run away.
From NIFTY collection I added Mahindra and Mahindra and TCS to my personal portfolio. These stocks might correct in near term but I care less about such corrections (games).
Please add following stocks to your watchlist
ISMT is trying to come out of base. Buying it at this junction might be little risky. Notice how this stock consolidated in narrow range for months. This is weekly chart. It is trying to move above green resistance line and now stuck at around 70. If it has real power it will move above 70 and that is where we should place our first buy order of only 25% of your total planned investment. (if you plan to buy 10000 worth of stock then only buy 2500 worth stock for now and add if your selection proves correct) If it continues to march forward then you just caught a new trend which is incubating in some remote corner away from your attention.
Dish TV has exact same pattern as above chart. It just recently moved above its resistance line. I like the chart pattern. My suggestion buy 25% of planned value and if really works add more to you. The trend is about to start. I hope it is not a trap. I had similar chart patterns for Sugar stocks and those guys did not breakout. They infact broke down from these levels.
( On closing note, the world governments are printing so much money and planning to printing so much more, I just don't see stock markets to come crashing and loose its value. Its new reality for us. More paper money and expensive stocks and real estate. ).
Thanks
Anil
Got a Question/Send your contributions for other members:
email: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.
Submit your feedback
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