Negativity Outweighs Positivity

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Dear Investor,

Risk aversion has been the theme for quite some time. People are trying to be momentum traders. Check out the world market situation at http://sites.google.com/site/stockmarkettrend/country-etf-daily Almost all countries stock market are trying to come down. The idea of free money is evaporating from the marketplace. After end of treasury bond purchase program from US FEDs, its going to be tough to find free money in this world. You already know what RBI is up to. It is toughening money supply to control inflation. Overall there is risk aversion. Institutional investors are moving more to cash to buy bargains soon to arrive.

Above chart shows market is flirting with its support line. NIFTY has wall of rocks at 5300. It has not closed below it since April 2010. In April 2010 it was briefly below this support line. All charts of NIFTY components are weak. There is a message for us to be more cautious now. Not to put all your money into market. This market is going to be like this for some time to come.

Some bottom forming visible in above weekly chart but not really exciting opportunity.

Thanks
Anil
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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.
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NIFTY back to support line

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Dear Investor,

I am sure you missed me for some time. I was very busy in my personal life taking care of few more important things. Well, the market has reversed very quickly after my few recommendations. I hope you went in only with 1/4 of your money. This is a precise reason I always advocate buy only one fourth of your position and then wait for it to rise. After we get excited markets falls and when are fearful market goes back up again. Market is quickly returned back to support level.

There us possibility of quick bounce from here. The days are gone where you could buy anything and it will double for you. It will not be that situation anymore. You have to be selective in what you buy and go in with slow steps. If you want to try something that could give you some return then United Phosphorous has good looking chart and good buying support.

I do not believe that this market will come crushing down. It will have bumpy ride for sure.

Thanks
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.

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Crompton Greaves

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Dear Investor,

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NIFTY has turned volatile. Buying pressure outweighs the selling pressure so maintaining upside bias is okay. The market is already pushed higher with anticipation of good earnings.

You can look at Crompton Greaves from technical perspective. Volume is dropping recently but the overall pattern is really good.

Do not get fooled by day to day gyrations. They will be there and that is how it works in financial markets. The overall long term trend is up. Your focus should not be exit when the market sells off. Your focus should be on what to pick up when the market corrects.


Thanks
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.
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Sterlite Technologies

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Please add following stocks to your watchlist

Sterlite Technologies has characteristics of winning stock. I will add it to recommended list but this one is little bit risky. Buy only if you can hold for some time to come.

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.
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First round of selling hits market

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Dear Investor,

First round of selling hit market last week. Gains were fast, I mean very very fast. This is what happens in todays stock market it moves rapidly in one direction until you loose your emotional control. It will just force you to take action and then keep wondering. This is exactly what is going on right now.

Observe above upward move. If you carefully read my previous blog, I mentioned that you have to take chances. Now its too late to enter at low risk entry point but you never know whats in future. That is what makes this game fun. Now market markers will find some story, Europe, Japan or may be something else. They have to and they always find one. Surprising thing is that those tricks are no longer working with retail investors. They know that market is going to go up so they just sit around. First round of selling just arrived in market last Friday this is a buying opportunity if you missed just before breakout. Do not hurry, market will be moving up and down a lot. So wait patiently and load up when it drops around support or previous breakout level.

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Please add following stocks to your watchlist

Camlin breaking out so it is time to buy it. Try to split your investment in four parts and get in with first one fourth. Buy more if it goes up or buy more if it falls more. This stock has build very strong base in past downturn.

Larsen is almost ready to move up. If it moves above 1700, it will quickly move to 2000. It has not broken out yet so I will wait.

Intersting base formed in Provogue. Good to keep in your watchlist.

Suzlon is Dalal street favorite. Lets see if it have power in it.

Thanks
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.
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We deserved to Win World Cup 2011

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Dear Investor,

Congratulations to all of us. I have never seen India unite for a single cause with this intensity. Finally we win World Cup and bring the glory home after 28 years. God bless India and its team.

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NIFTY is on its winning streak for last one week. When it broke out of the sideways pattern I quickly posted list of stocks that could probably make best money and it has performed really well gaining 5 to 15 % in just a week. I will find more stocks as we go forward. I personally believe real estate and infrastructure space will bring in the most gain as rapid pace. Well, this was first breakout and rapid rise in one single week usually greeting will selling pressure in next week. It was also quarter end for mutual fund managers so I am not sure if they play some game to get everybody in to the market. There are not many negatives in financial markets so it makes sense to be in market and look for opportunities.

Many people do not like Anil Ambani Reliance group. Well, I have nothing personal about those investments. I find that following reliance communication chart is textbook base one from here it is expected to move upwards. Your stop loss will be around 100. If the stock closes below 100 then it would prove to be fake breakout.

LIC housing finance is gaining ground. It would be good idea for it to pull back and then start building position. Its breakout on upside is strong.

Reliance capital has characteristics of winning stocks. Almost everything about this chart is positive and one should seriously consider watching this one closely.

NIFTY started moving on upside. I did not expect it to move this far this fast. anyway, it has moved and people are accumulating shares of large cap companies. Stocks are lining up for going up but never rule out chances of corrections. Fast rise is usually followed by fast sell off and then a quick rise again. Point to note is short term uptrend is confirmed, more and more buyers are jumping in so any sell should be used to buy more and build your position bigger and bigger.

This is no time to stay back and keep waiting for correction to give you opportunities. Be selective. Study to charts and I have recommended few stocks above. I will find more for you. This blog subscription is rising fast as we are able to generate profit for people.

Be Happy. Be a Winner. and I know you will be happy and winner both.

Thanks
Anil
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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.
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How to identify new stock trends?

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Dear Investor,

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Clearly NIFTY has switched to short term uptrend. Now is the tough time to choose to get in. It could be a fake breakout but you have to take chances now. NIFTY as such can change direction and keep you guessing for all the time until it tops. So now is the time to take some risk and cut losses if proven wrong. Thats all you have in your hands anyway.

I have pointed out the professional buying on above charts. The long green lines are professionals buying with heavy volume. I hope they have done guessing about correction and started to bet on upside. Its a textbook breakout friends. The problem is its only one day since the breakout happened. I am going in. Open to chances now. 

Please add following stocks to your watch list

I find ABAN offshore as just ready to go on upside. Look at the professional buying green volume times. The stock is on breaking down anymore. That is called base formation. I am differing on my open style of buying only after the stock closes above 150 day average line. Well, the opportunity looks so appealing I want to bypass my rule this time.

This chart also shows why day traders fail to make larger gains. The market makers create situations where they excite day traders to buy and then depress them by selling little bit to take the stock back from them. The process happens until the point where day trader exhaust himself and only strong players have all the stocks. That is called playing it professionally. Any way there are few lucky people they win no matter what. I think, not everybody is lucky so you better learn this game and stop burning yourself.

Do you think I need to tell you anything more about the above Ashok leyland Chart. I have marked how the professionals are accumulating stock for Ashok Leyland and how little players have been squeezed out. I do not have anything against market makers, I am only trying to learn their game plan and trying to let you know about it.

Well, following are two charts for your study. Study the green volume times, the chart base formation and what do you predict possible outcome. Send me email about what you feel about it.

Intention of this blog is educate you to invest thoughtfully than just throwing money to any stock and wait for it to go up.



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.
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