Market View - 13/11/17 to 17/11/17

A full trading week ahead.

List of this week’s results to be announced is given at the end.

Nifty50 up trend looks still intact, but whether the correction is over? No conclusive answers available yet!

Support near 10250 is still holding.

Uptrend should be okay as long as 10150 holds.

This week,

Only short term Buy trades look possible until the 10370-10550 range is crossed.

Note : Sensex in comparison has lot more negative signals. Prosper Positive signals above 33710, Proper Negative signals below 33250. Till then only short term trades possible.

Bank Nifty looks like developing a range.

Supports are still there near 25200 / 25000.

Resistance is now developing near 25500 / 25700.

                                           

This week,

Best trades will be available at either ends of the range.

Till then only short term trades might be possible.

Other Sectoral Indices –

BUY SIGNALS –

IT (Medium/Long term Positive above 10900) (In the short term, in a range 11150-11300)

NEUTRAL –

Auto (short term negative below 11050) (Proper Positive signals only above 11450 )

Energy (Turns negative below 13650) (Very short term rally might be possible early in the week)

Metal (Short term negative below 3840) (Better buying opportunities only on dips or after the correction settles)

SHORT SELL SIGNALS –

Pharma (continues to be negative below 9600) (Very short term rally might be possible early in the week)

POSITIVE BUT WAIT FOR SIGNALS –  

Realty (Positive only above 317) (Short term negative below 300)

FMCG (range 25500 – 26200)

Personal Notes:

Only short term trades look possible this week based on specific levels.

More possibility of Buy trades.

In some cases though Short Sell trades also look possible!

Volatility index has slipped into a range.

(above 14 can rise sharply till 16.5 – below 10 can drop sharply till 8.5below 10)

MOST STOCKS TEND TO FOLLOW THE TREND OF THEIR SECTOR INDEX.

BUYING SHOULD MOSTLY BE DONE IN STOCKS WHERE SECTOR INDEX IS POSITIVE.

SELLING SHOULD MOSTLY BE DONE IN STOCKS WHERE SECTOR INDEX IS NEGATIVE.

BUYING / SELLING AGAINST THE SECTOR INDEX SIGNAL CAN ALSO BE DONE IN INDIVIDUAL STOCKS, PROVIDED THERE IS A STRONG CASE FOR DOING SO.

Result Calender this week -

Company	EPS	/  Forecast	Revenue	/  Forecast	Market Cap	Time
Monday, November 13, 2017
	AIA Engineering (AIAE)	--	/  9.53	--	/  5.09B	132.19B
	Adani (APSE)	--	/  4.2	--	/  19.04B	894.75B
	Arman Financial (ARLF)	--	/  --	--	/  --	1.26B
	Balrampur Chini Mills (BACH)	--	/  5.16	--	/  --	38.36B
	Bambino Agro Ind (BAMB)	--	/  --	--	/  --	1.71B
	Chaman Lal Setia Exports Ltd (CLSE)	--	/  --	--	/  --	5.40B
	Compuage Infocom (COMI)	--	/  --	--	/  --	1.64B
	Container Corporation (CCRI)	--	/  9.8	--	/  14.58B	328.93B
	Corporation Bank (CRBK)	--	/  --	--	/  --	52.02B
	Dish TV India (DSTV)	--	/  0.07	--	/  8.02B	82.19B
	Goodyear India (GDYR)	--	/  --	--	/  --	18.51B
	ITL Ind (IDRE)	--	/  --	--	/  --	607.21M
	Idea Cellular (IDEA)	--	/  -3.05	--	/  93.22B	349.91B
	Indian Hotels Co. (IHTL)	--	/  0.16	--	/  7.59B	133.14B
	Kandagiri Spinning Millis (KAND)	--	/  --	--	/  --	153.20M
	Kanpur Plastipack (KPLA)	--	/  2.81	--	/  --	1.43B
	NTPC (NTPC)	--	/  3.18	--	/  182.7B	1,455.74B
	Shree Ajit Pulp and Paper (SAPP)	--	/  3.4	--	/  --	1.10B
	Shree Renuka Sugars (SRES)	--	/  --	--	/  --	14.65B
	Spicejet (SPJT)	--	/  --	--	/  13.57B	85.30B
	Sree Rayalaseema Alkalies (SRRA)	--	/  --	--	/  --	5.04B
	Tyche Ind (TYCH)	--	/  --	--	/  --	1.23B
	Veer Energy & Infrastructure (VEER)	--	/  --	--	/  --	317.73M
Tuesday, November 14, 2017
	Advanced Enzyme Tech (ADEN)	--	/  2.2	--	/  1.00B	29.84B
	Advanced Enzyme Tech (ADEN)	--	/  2.2	--	/  1.00B	29.84B
	Bank Of Baroda (BOB)	--	/  1.96	--	/  47.52B	391.25B
	Cadila Healthcare (CADI)	--	/  4.59	--	/  24.65B	474.91B
	GAIL Ltd (GAIL)	--	/  6.76	--	/  116.9B	773.09B
	Grasim Industries (GRAS)	--	/  24.87	--	/  24.75B	819.10B
	India Tourism Development (ITDC)	--	/  --	--	/  --	45.52B
	India Tourism Development (ITDC)	--	/  --	--	/  --	45.52B
	Indiabulls RE (INRL)	--	/  --	--	/  6.45B	105.05B
	Ipca Laboratories (IPCA)	--	/  4.84	--	/  8.51B	73.66B
	Kesar Petroproducts Ltd (KSRP)	--	/  --	--	/  --	5.19B
	Kkalpana Ind India (KIND)	--	/  --	--	/  --	3.66B
	Makers Laboratories (MKRS)	--	/  --	--	/  --	407.37M
	Manpasand Beverages Ltd (MANB)	--	/  0.93	--	/  1.20B	49.94B
	PMC Fincorp Ltd-BO (PRMF)	--	/  --	--	/  --	189.76M
	Pasupati Acrylon (PASA)	--	/  0.83	--	/  --	2.14B
	Riddhi Siddhi GluCo Biols (RSGB)	--	/  --	--	/  --	3.52B
	Shilchar Tech (SELC)	--	/  --	--	/  280.1M	1.80B
	Sinclairs Hotels (SINL)	--	/  3.29	--	/  --	2.24B
	Sun Pharma (SUN)	--	/  3.4	--	/  77.97B	1,266.48B
	Suraj Products (SURJ)	--	/  --	--	/  --	200.64M
	Swastika Investmart (SWAF)	--	/  --	--	/  --	486.28M
	Tata Global Beverages (TAGL)	--	/  2.1	--	/  20.07B	149.04B
	Thakkers Developers (THAD)	--	/  --	--	/  --	673.03M
	Ushdev International B (USTF)	--	/  --	--	/  --	1.13B
	Vikram Thermo India (VKMT)	--	/  --	--	/  --	585.05M
	ZF Steering Gear India (ZFST)	--	/  --	--	/  1.24B	11.25B
Wednesday, November 15, 2017
	APM Ind (APMI)	--	/  --	--	/  711.7M	1.55B
	Aarey Drugs and Pharma (ADPH)	--	/  --	--	/  --	1.16B
Thursday, November 16, 2017
	Poddar Pigments Ltd (PODR)	--	/  --	--	/  908.9M	3.72B
	Poddar Pigments Ltd (PODR)	--	/  --	--	/  908.9M	3.72B
Friday, November 17, 2017
	Hindustan Hardy Spicer (HHSL)	--	/  --	--	/  --	119.58M
	India Cements (ICMN)	--	/  0.5	--	/  11.56B	52.63B