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!

Saturday, 14 October 2017

Market View - 16/10/17 to 18/10/17

Only 3 days of trading due to Diwali.












In Stock Markets it seems like its always results season!!
Q2 result season has begun last week.
List of this week’s results to be announced is given below.


Nifty50 will have opened up a 450 point move on the upside if indeed the breakout of last week succeeds!

This week,

Keep Buying above 10120.


Note : Surprisingly, Sensex will break out of its range only above 32550!



Bank Nify
is yet to compeltely break out of its range (23800 – 25150).
                                           
This week,

Keep Buying above 24550 and remain alert. See if the range breakout happens or not and act accordingly!





Other Sectoral Indices -

POSITIVE –
Metal (buying only above 3740)
IT (buying above 10900)
Realty (short term positive above 280 .. negative again below 265)
FMCG short term positive above 25200) 
 
  
POSITIVE BUT WAIT FOR SIGNALS – 
Pharma (buying only above 9630 .. more negative below 8750)
Auto (buying only above 10900/11060 .. turns negative below 10500/10300)
Energy (buying only above 13700)



Personal Notes:
If the range breakout lasts, then a lot of BUY trades on individual stocks will open up this week.

Volatility has been threatening to rise for a few weeks now!
But it is dropping steadily. This volatility drop will keep adding more fuel to this possible breakout.
LOOKS LIKE DIWALI IS FINALLY HERE!!!




Monday, October 16, 2017
Bajaj Finance (BJFN)
--
/  10.59
--
/  15.42B
1,125.97B
Colgate-Palmolive (COLG)
--
/  6.42
--
/  11.28B
297.04B
Tuesday, October 17, 2017
ACC (ACC)
--
/  9.38
--
/  28.47B
332.39B
AXIS Bank (AXBK)
--
/  5.59
--
/  45.80B
1,269.48B
Bajaj Auto (BAJA)
--
/  37.27
--
/  60.94B
914.65B
Wipro (WIPR)
--
/  4.27
--
/  134.1B
1,412.57B
Wednesday, October 18, 2017
Lic Housing Finance (LICH)
--
/  10.94
--
/  8.61B
329.52B
UltraTech Cement (ULTC)
--
/  14.73
--
/  55.43B
1,099.55B
Saturday, October 21, 2017
HCL Technologies (HCLT)
--
/  15.17
--
/  115.7B
1,289.74B
Oberoi Realty (OEBO)
--
/  6.32
--
/  2.79B
151.36B
Transcorp International Ltd (TRNS)
--
/  --
--
/  --
980.18M



MOST STOCKS WILL FOLLOW THE TREND OF THEIR SECTOR INDEX.

BUYING IS MOSTLY DONE IN STOCKS WHERE SECTOR INDEX IS POSITIVE.
SELLING IS MOSTLY DONE IN STOCKS WHERE SECTOR INDEX IS NEGATIVE.





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