This blog aims to serve as a GUIDE and MOTIVATION to our LEARNERS.
The purpose of this blog is to create awareness amongst all traders that it is very important to LEARN TO HAVE TRADING PLAN!

Sunday, 10 September 2017

Market View - 11/9/17 to 15/9/17

A Full week of trading.

Result Season is winding down.
List of this week's results given at the end of the analysis.

Nifty50 ... it still remains in a range! It’s been here for 1 month now!

Again this week,
BUYING can be done above 9980.
SELLING opportunities open up above below 9880.

Directional move up likely only above 10120.
Directional move down likely only below 9680.


Note : Sensex is still mirroring Nifty. Sensex can start turning positive above 31960 and even more negative below 31440.



Bank Nifty
 is also still in a range.

Again For this week,
Buy signals above 24500.
Sell signals below 23800.

Directional move up likely only above 25200.
Directional move down likely only below 23750.



Other Sectoral Indices -

POSITIVE –  

NEGATIVE – Pharma (sell on rise!), IT (in a range, neither here nor there!)

POSITIVE BUT NO BUY SIGNALS – Energy (small rally possible), Auto (small rally possible), Realty (small rally possible), Metal.

NEGATIVE BUT NO SELL SIGNALS -  FMCG (small rally possible)



Personal Notes:
If you are still wondering how sectors go from Buy one week to Sell next week and vice versa!
Well ... that’s because market is still in a range!!
Looks like Short term trades with strict stop loss and fast profit booking will still work till the range holds. So that is what I plan to do!
Volatility can keep rising in the start of the week. 



Company
EPS
/  Forecast
Revenue
/  Forecast
Market Cap
Time
Monday, September 11, 2017
Future Enterprises A (FURE)
--
/  --
--
/  --
26.66B
Reliance Power (RPOL)
--
/  --
26.35B
/  28.23B
110.24B
Tuesday, September 12, 2017
CESC (CESC)
--
/  --
--
/  18.00B
137.57B
GMR Infrastructure (GMRI)
--
/  --
31.59B
/  27.04B
104.12B
IVRCL (IVRC)
--
/  --
--
/  --
3.60B
Reliance Communications (RLCM)
--
/  -3.85
34.94B
/  55.15B
55.13B
Unitech (UNTE)
--
/  --
--
/  --
20.01B
Wednesday, September 13, 2017
Ansal Housing Construction (ANSL)
--
/  --
--
/  --
1.37B
Thursday, September 14, 2017
De Nora India Ltd (DENO)
--
/  --
--
/  --
1.57B




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