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The purpose of this blog is to create awareness amongst all traders that it is very important to LEARN TO HAVE TRADING PLAN!

Saturday, 29 July 2017

Market View - 31/7/17 to 4/8/17

A Full week of trading .. and .. first week of the August series.

Result Season continues.
List of this week's results given at the end of the analysis.


Nifty50 is again in a well defined uptrend.

This week,
BUYING opportunities open up above 10030.
Negative only below 9930.


Note : Sensex is slightly more weaker than Nifty. Sensex can resume uptrend above 32400.



Bank Nifty is also still in uptrend.

This week,
buy signals will open above 24850. Targets here are getting smaller with every passing week!
Nothing negative till 24300 holds.



Other Sectoral Indices -

POSITIVE - IT(short term n then buy on dips)

NEGATIVE - Pharma

POSITIVE BUT NO BUY SIGNALS - Auto(a one day rally possible), Energy(a one day rally possible), Metal, Realty.

NEGATIVE BUT NO SELL SIGNALS - FMCG



Personal Note:
Apart from Banks and IT, nothing much seems interested in taking Nifty up!
The soft signal on the Nifty is still a breakout on the upside but this time there is a risk of this breakout failing!

At the start of the week, a few buys may emerge but volatility can increase in the second half of the week.



Company
EPS/  ForecastRevenue/  ForecastMarket CapTime
Monday, July 31, 2017
Godrej Consumer (GOCP)--/  6.28--/  23.53B717.68B
Greaves Cotton (GRVL)--/  ----/  --39.43B
Hexaware Technologies (HEXT)--/  3.86--/  9.64B77.21B
Interglobe Aviation Ltd (INGL)--/  19.39--/  47.43B465.05B
Pincon Spirit (PINS)--/  ----/  --3.09B
Shriram Transport (SRTR)--/  17.21--/  14.54B220.10B
Sundram Fasteners (SNFS)--/  ----/  --85.80B
UPL (UPLL)--/  9.21--/  34.83B441.20B
Voltas (VOLT)--/  5.08--/  18.59B169.02B
Tuesday, August 1, 2017
Berger Paints (BRGR)--/  1.27--/  12.32B244.11B
EIH (EIHO)--/  ----/  --78.39B
JSW Steel (JSTL)--/  3.4--/  123.7B521.64B
Kajaria Ceramics (KAJR)--/  5.12--/  6.16B104.87B
Marico (MRCO)--/  2.08--/  18.67B428.95B
Orient Paper (ORPP)--/  1.03--/  --20.36B
Power Grid (PGRD)--/  3.9--/  58.66B1,122.96B
TCI Express (TCIE)--/  ----/  --20.88B
TCI Express (TCIE)--/  ----/  --20.88B
Taj GVK (TAJG)--/  ----/  --10.00B
Tech Mahindra (TEML)--/  6.52--/  68.86B372.03B
Titan Company (TITN)--/  2.77--/  30.73B473.32B
Wednesday, August 2, 2017
Eimco Elecon India Ltd (EIMC)--/  ----/  279.0M3.53B
Emami (EMAM)--/  3.77--/  7.13B250.70B
Godrej Properties (GODR)--/  2.85--/  4.82B112.94B
Greenply Industries Ltd (GRPL)--/  3--/  4.16B33.41B
HEG (HEGL)--/  ----/  --18.03B
Lupin (LUPN)--/  12.15--/  44.24B480.61B
Magma Fincorp (MAGM)--/  1.8--/  --40.21B
Mahindra Holidays (MAHH)--/  ----/  2.70B54.49B
Ponni Sugars Erode Ltd (PONS)--/  ----/  --1.60B
Punjab National Bank (PNBK)--/  1.8--/  52.55B338.03B
Reliance Infrastructure (RLIN)--/  ----/  --138.33B
Siemens AG (SIEM)--/  ----/  21.62B515.06B
Standard Chartered DRC (STNCy)--/  ----/  --
Transport Corp of India (TCIL)--/  2.5--/  --23.76B
Tribhovandas Bhimji Zaveri (TBZL)--/  ----/  --7.20B
VST Industries (VSTI)--/  29.3--/  2.01B48.16B
Wockhardt (WCKH)--/  ----/  --68.30B
Thursday, August 3, 2017
Bharat Forge (BFRG)--/  6--/  11.14B267.97B
Colgate-Palmolive (COLG)--/  4.85--/  10.96B291.23B
Cummins (CUMM)--/  6.47--/  12.86B274.40B
Esab India (ESAB)--/  ----/  --11.78B
Gujarat Alkalis&Chemicals (GALK)--/  ----/  --29.65B
Indian Oil (IOC)--/  13.79--/  915.3B1,786.00B
JK Lakshmi Cement (JKLC)--/  3.13--/  7.50B52.16B
PNB Housing Finance (PNBH)--/  9.53--/  --250.85B
PNB Housing Finance (PNBH)--/  9.53--/  --250.85B
Ramco Industries (RAMC)--/  ----/  --20.32B
SeQuent Scientific (SEQU)--/  ----/  --27.65B
Tata Chemicals (TTCH)--/  9.15--/  43.40B158.92B
The Ramco Cements (TRCE)--/  7.4--/  9.86B157.86B
Ujjivan Financial Services Ltd (UJVF)--/  3--/  --38.64B
Ujjivan Financial Services Ltd (UJVF)--/  3--/  --38.64B
Friday, August 4, 2017
Chennai Petroleum (CHPC)--/  ----/  --57.09B
Dabur India (DABU)--/  1.66--/  22.72B546.95B
EIH Associated Hotels Ltd (EIHA)--/  ----/  --10.55B
Gujarat Narmada Valley Fert. (GNFC)--/  ----/  --46.54B
Hindustan Petroleum (HPCL)--/  8.09--/  484.8B570.60B
Indian Hotels Co. (IHTL)--/  0.08--/  11.41B121.98B
Mahindra&Mahindra (MAHM)--/  17.99--/  111.8B826.42B
Monsanto India (MNSN)--/  29.75--/  3.26B47.13B
Sobha Developers (SOBH)--/  4.87--/  5.75B38.19B
Super Sales India (SURS)--/  ----/  --1.90B
Uni-Abex Alloy Products (UNAX)--/  ----/  --684.93M
Union Bank of India (UNBK)--/  2.5--/  30.39B107.93B
Saturday, August 5, 2017
OCL India Ltd (OSCM)--/  ----/  --69.90B

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