Thursday, March 17, 2016

Tuesday, March 15, 2016

Monday, March 14, 2016

FUTURE (31 MAR 2016) UPDATE>>>>



BUY AT IOB 25.95

TARGET 1 27.15
TARGET 2 29.35

MARK STOPLOSS AT 24.25

FUTURE (31 MAR 2016) UPDATE>>>>



BUY INDUSIND BANK AT 928.95

TARGET 1 935.05
TARGET 2 937.80

MARK STOPLOSS AT  923.85

Thursday, March 10, 2016

FUTURE (31 MAR 2016) UPDATE>>>>



BUY TATACOMM AT 354.8

TARGET 1 358.80
TARGET 2 360.15

MARK STOPLOSS AT 352.35

Wednesday, March 9, 2016

FUTURE (31 MAR 2016) UPDATE>>>>


BUY HINDPETRO AT 736.25

TARGET1 740.25
TARGET2 743.05
TARGET3 745.15

MARK STOPLOSS AT 732.85

FUTURE (31 MAR 2016) UPDATE>>>>



SELL CENTURY AT 476.25

TARGET 1 472.85
TARGET 2 469.05
TARGET 3 467.95

MARK STOPLOSS AT 479.80

FUTURE (31 MAR 2016) UPDATE>>>>



BUY CIPLA AT 526.6

TARGET 1 530.15
TARGET 2 533.05
TARGET 3 535.35

MARK STOPLOSS AT 521.25

FUTURE (31 MAR 2016) UPDATE>>>>




SELL HDFC BANK AT 1016.6

TARGET1 1009.10
TARGET2 1001.15
TARGET3 996.35

MARK STOPLOSS AT 1020.85

FUTURE (31 MAR 2016) UPDATE>>>>



BUY HDFC 1110.15

TARGET1 1121.65
TARGET2 1132.05
TARGET3 1143.35

MARK STOPLOSS AT 1105.05

Wednesday, March 2, 2016

FUTURE (31 MAR 2016) UPDATE>>>>



SELL CENTURY TEX 457.75

TARGET1 454.10
TARGET2 452.65
TARGET3 450.05

MARK STOPLOSS AT 459.15

FUTURE (31 MAR 2016) UPDATE>>>>



BUY BANK BARODA AT 144.80

TARGET1 146.10
TARGET2 147.30
TARGET3 148.15

MARK STOPLOSS AT 143

FUTURE (31 MAR 2016) UPDATE>>>>



BUY NTPC AT 127.70

TARGET1 128.10
TARGET2 129.25

&MARK STOPLOSS AT 126.90

FUTURE (31 MAR 2016) UPDATE>>>>


BUY M&M FIN AT 220.2

TARGET1 222.4
TARGET2 224.8
TARGET3 226.4

MARK STOPLOSS AT 217.90

FUTURE (31 MAR 2016) UPDATE>>>>



SELL TATA GLOBAL AT 112

TARGET1 109.85
TARGET2 108.40
TARGET3 107.40

MARK STOPLOSS AT 113.5

WHY STOCK PRICES GOES UP AND DOWN ?




 are tied to simply what the current buyer and seller in the market is willing to exchange ownership for. That is what determines price, nothing else. So the big question is what are the rules that govern the change in a stocks price?
The laws of economics governs price movement in the market. There are three laws articulated by legendary trader and market pioneer Richard Wyckoff that captures what causes current price reality and what changes it.
The Law of Supply and Demand
The excess of demand (buyers) over supply (sellers) causes a stock’s price to go up. The excess of supply over demand causes a stock’s price to go down.
The price is determined by the law of supply and demand.
The price moves up and down to balance the supply and demand to the equilibrium.
“The stock is only worth the other people are willing to pay for it”—
Law of Cause and Effect
The balance of supply and demand can be shifted by a cause.
The cause could be a good fundamental news, or good news from the same sector, or strong overall market condition.
A good cause will generate excessive demand for the stock, thus a good effect (stock moves up).
The Law of Effort and Result
For a stock price to move (result), how much volume (effort) is associated with the move.
When the result (price) and effort (volume) are in harmony, the trend is likely to continue. However, if they are out of sync, for example, when volume is large, but price moves little, the current trend is in danger, and defensive measures must be taken.
For example:
“You are looking at a stock. It trades 10,000 shares and goes up one point on the first day. [You see the effort and result.] The same thing happens on the second day. On the third day, it trades 20,000 shares and goes up 1 point. On the fourth day, it trades 40,000 shares and goes up half a point. On the fifth day, it trades 80,000 shares and is unchanged. [This group forms a cause the effect of which is Demand becomes exhausted.]
“On the third day, you had to exert twice as much effort to get the same result (as the first day)". “The key to analyzing supply and demand is that the demand side burns itself out.
“When the buying is through and satisfied-there is always supply there. That’s why prices go down faster-because supply is always there and demand is not. All you have to do is withdraw people who want to buy and prices fall.”

SENSEX GAINER @ 9:55AM

NIFTY CURRENT:7,322.30, CHG:100/1.38%, HIGH:7,351.40, LOW:7,308.15 - Mar 02, 2016 09:40:29


Friday, February 26, 2016

NIFTY CURRENT:7,031.30, CHG:60.7/0.87%, HIGH:7,052.90, LOW:6,985.10 - Feb 26, 2016 15:23:40


FUTURE (31 MAR 2016) UPDATE>>>>



Buy HPCL AT 661.55; Target Of 680 & Stop Loss At 658

NIFTY CURRENT:7,027.50, CHG:56.9/0.82%, HIGH:7,052.90, LOW:6,985.10 - Feb 26, 2016 15:15:39


nifty levels to watch,,,,

NIFTY CURRENT:7,042.95, CHG:72.35/1.04%, HIGH:7,052.90, LOW:6,985.10 - Feb 26, 2016 14:53:09


Bear Market Cycles/ P-E / FII Selling/ Global Indices co-relation. Just some ramblings by Nooresh Merani

NIFTY CURRENT:7,005.60, CHG:35/0.50%, HIGH:7,052.90, LOW:6,985.10 - Feb 26, 2016 12:23:33


Eco Survey 2016-17: FY17 CPI Inflation Seen In Range Of 4.5-5%


FUTURE (31 MARCH 2016) UPDATE>>>>



SELL JSW STEEL1095 STOPLOSS 1105 TARGET 1070

NIFTY CURRENT:7,000.40, CHG:29.8/0.43%, HIGH:7,052.90, LOW:6,990.85 - Feb 26, 2016 10:53:00


Thursday, February 25, 2016

NIFTY CURRENT:6,995.45, CHG:-23.25/-0.33%, HIGH:7,034.20, LOW:6,970.60 - Feb 25, 2016 13:43:36


NIFTY CURRENT:6,988.50, CHG:-30.2/-0.43%, HIGH:7,034.20, LOW:6,979.00 - Feb 25, 2016 12:53:35


Nifty falling to 5,000-4,800 is a distinct possibility, says Mithil Pradhan


Live: Sensex subdued, rail stocks edge higher

FUTURE (25 FEB 2016) UPDATE>>>>




BUY HDFCBANK AT 948 TARGET 960 STOPLOSS 942


Rupee opens higher at 68.47 against US dollar

NIFTY CURRENT:7,004.70, CHG:-14/-0.20%, HIGH:7,034.20, LOW:7,004.60 - Feb 25, 2016 09:32:59


Wednesday, February 24, 2016

NIFTY CURRENT:7,063.70, CHG:-45.85/-0.64%, HIGH:7,080.15, LOW:7,031.00 - Feb 24, 2016 12:33:36


Amazing observations in this video of Prashant Jain Go to 14 mins. JP Associates = Dr Reddy and Rcap = HDFCbank

NIFTY CURRENT:7,058.65, CHG:-50.9/-0.72%, HIGH:7,080.15, LOW:7,031.00 - Feb 24, 2016 12:03:34


NIFTY CURRENT:7,045.80, CHG:-63.75/-0.90%, HIGH:7,080.15, LOW:7,031.00 - Feb 24, 2016 11:35:33


FUTURE (25 FEB 2016) UPDATE>>>>



SELL IOC AT 370, STOPLOSS 375, TARGET 349

SELL YES BANK AT 686, STOPLOSS 716, TARGET 678

SELL KOTAK BANK AT 621, STOPLOSS 638, TARGET 617.20

NIFTY CURRENT:7,044.20, CHG:-65.35/-0.92%, HIGH:7,080.15, LOW:7,041.90 - Feb 24, 2016 11:14:03


StanChart posts first loss in 26 years on India business

Currency update: Rupee recovers to trade higher at 68.55 per dollar against day's low of 68.66


NIFTY CURRENT:7,061.40, CHG:-48.15/-0.68%, HIGH:7,080.15, LOW:7,053.00 - Feb 24, 2016 09:53:31


#DowJones interesting exits in last 5-8 years - #HP , #Alcoa, #BankofAmerica, #CitiGroup, #GM and entry of #Apple Also weightages dropped.


FUTURE (25 FEB 2016) UPDATE>>>>



SELL TATAMOTORS 312 STOPLOSS 315.5 TARGET 304

BUY BPCL 749 STOPLOSS 739 TARGET 768

BUY IDEA 106 STOPLOSS 104 TARGET 110

NIFTY CURRENT:7,059.20, CHG:-50.35/-0.71%, HIGH:7,080.15, LOW:7,053.00 - Feb 24, 2016 09:45:31


Yes Bank,India Bulls and CESC Harmonic Pattern Analysis -

FUTURE (25 FEB 2016) UPDATE>>>>


SELL BIOCON AT 469  TARGET 464 STOPLOSS 471

Tuesday, February 23, 2016

NIFTY CURRENT:7,114.50, CHG:-120.05/-1.66%, HIGH:7,241.70, LOW:7,103.35 - Feb 23, 2016 15:14:39


Market Update: Sensex 23433.53 -1.49%: Nifty 7118.50 -1.60%


NIFTY CURRENT:7,114.15, CHG:-120.4/-1.66%, HIGH:7,241.70, LOW:7,103.35 - Feb 23, 2016 13:54:37


NIFTY CURRENT:7,130.85, CHG:-103.7/-1.43%, HIGH:7,241.70, LOW:7,130.80 - Feb 23, 2016 12:54:05


Slips In Trade: Quick Heal Slips 34% From Issue Price Of Rs.321/sh: Quick Heal 213.05 -15.32%


FUTURE (25 FEB 2016) UPDATE>>>>



SELL TATASTEEL 256.5 TARGET 248 STOPLOSS 257.7 

NIFTY CURRENT:7,153.85, CHG:-80.7/-1.12%, HIGH:7,241.70, LOW:7,153.50 - Feb 23, 2016 11:57:32


NIFTY CURRENT:7,163.30, CHG:-71.25/-0.98%, HIGH:7,241.70, LOW:7,158.85 - Feb 23, 2016 11:40:32


FUTURE (25 FEB 2016) UPDATE>>>>

SELL BANK NIFTY-14460 TARGET-14330 STOPLOSS-14520...

Negative Divergence in Nifty intraday chart given breakdown today..

Market At Day's Low: Nifty Bank 14183.30 -1.40%: BSE Bank Index 16100.72 -1.55%


NIFTY CURRENT:7,187.80, CHG:-46.75/-0.65%, HIGH:7,241.70, LOW:7,175.10 - Feb 23, 2016 09:57:28


NIFTY CURRENT:7,193.85, CHG:-40.7/-0.56%, HIGH:7,241.70, LOW:7,187.35 - Feb 23, 2016 09:39:28


Rupee opens lower at 68.65 against US dollar

Nifty Below 7200: Sensex 23681.16 -0.45%: Nifty 7198.05 -0.50%


NIFTY CURRENT:7,215.05, CHG:-19.5/-0.27%, HIGH:7,241.70, LOW:7,212.90 - Feb 23, 2016 09:17:27


Monday, February 22, 2016

FUTURE (25 FEB 2016) UPDATE>>>>




 SELL RELIANCE INFRA AT 425 , TARGET 418, STOPLOSS 428

Market Update: Sensex 23767.52 +0.25%: Nifty 7226.15 +0.21% 12:47PM 22-02-2016


MARKET AT 11:31 22-02-2016







NIFTY CURRENT:7,229.25, CHG:18.5/0.26%, HIGH:7,243.05, LOW:7,200.70 - Feb 22, 2016 11:30:31


FUTURE (25 FEB 2016) UPDATE>>>>



BUY PIDILITIND AT 640, TARGET 650, STOPLOSS 660

SELL TATAMOTORS AT 289, TARGET 285, STOPLOSS 292

ITC drops over 3% on fears over likely hike in excise duties on cigarettes

NIFTY CURRENT:7,230.40, CHG:19.65/0.27%, HIGH:7,243.05, LOW:7,200.70 - Feb 22, 2016 11:03:31


FUTURE (25 FEB 2016) UPDATE>>>> BUY,BPCL AT 762.20, TARGET 768.50, STOPLOSS 758


NIFTY UPDATE: CURRENT:7,233.90, CHG:23.15/0.32%, HIGH:7,243.05, LOW:7,200.70 - Feb 22, 2016 10:05:30


BREAKING: Crude oil price rises above $30


CURRENT:7,235.85, CHG:25.1/0.35%, HIGH:7,243.05, LOW:7,200.70 - Feb 22, 2016 09:56:28


Quick Market Update at 9:31 am on 22 Feb, 2016.

Maruti Suzuki slips 3%


OPENING TRADES: Top gainers

CURRENT:7,219.05, CHG:8.3/0.12%, HIGH:7,220.00, LOW:7,200.70 - Feb 22, 2016


Friday, February 19, 2016

Maruti wows car buyers, but investors dump shares

FUTURE UPDATE



  • Buy HDFC 1059 STOPLOSS 1056 TARGET 1074
  • Buy M&M 1245 STOPLOSS 1239 TARGET 1262

FUTURE (25 FEB 2016) UPDATE>>>> BUY,SYNDICATE BANK AT 52.70, TARGET 60.50, STOPLOSS 51


Market Extends Gains: Sensex 23748.48 +0.42%: Nifty 7219.30 +0.38%


MARKET WATCH: #Nifty above 7,200, gains over 70 points from day's low


NIFTY CURRENT:7,184.40, CHG:-7.35/-0.10%, HIGH:7,202.20, LOW:7,145.95 - Feb 19, 2016 12:33:36


At Day's High: NMDC 91.05 +2.48%: India Cem 72.30 +1.26%


http://abhitechnicalanalysis.blogspot.in/2016/02/discretionary-versus-systematic-traders.html?spref=fb


Trading Tips: 19/02/2016




  • Buy JSW Steel above 1050 stop loss 1040 target 1066 - intraday
  • Buy HDFC Bank above 976 stop loss 966 target 989 - intraday
  • Buy Jet Airways above 550 stop loss 543 target 563 - intraday
  • Buy LIC Housing Future above 411 stop loss 408 target 415 - intraday
  • Buy Heromoto Corp Future above 2625 stop loss 2600 target 2675 - intraday
  • Buy Siemens Future above 1036 stop loss 1026 target 1049 - intraday
  • Buy ICICI Bank above 196.50 stop loss 193 target 202 - intraday
  • Buy Reliance Infra above 416 stop loss 410 target 425 - intraday

CRISIL: PSU Bks Are Wary Of Lending To A/cs That Have Been Recognised As NPAS


CURRENT:7,178.80, CHG:-12.95/-0.18%, HIGH:7,196.70, LOW:7,145.95 - Feb 19, 2016 09:53:31


Thursday, February 18, 2016

Future Update: Buy CIPLA 526.3-527.1 ATP (30min) 526.5


On CNBC-TV18 Quick Heal: Believe Co's Case Is Very Strong : Quick Heal 267.20 -16.76%


On CNBC-TV18 Quick Heal: Developing A Lot Of Enterprise Security Products: Quick Heal 267.00 -16.82% #CNBCTV18Market


CURRENT:7,182.90, CHG:74.45/1.05%, HIGH:7,215.10, LOW:7,127.85 - Feb 18, 2016 14:47:37


3% Off Lows: Bk of Baroda 139.00 +0.51%: IDBI Bank 53.65 +1.80%


CESC canned.

No one taking Maruti cars to IC in Pune this weekend?

IOC to raise diesel prices by 0.6% from Thursday

NSE INVESTOR CENTER

World debt, by country.

Candlestick Cheat Sheet

Bearish Candlestick Patterns!!!

Current Sensex: 23,602.46


Market update: Sensex off day's high, up 144 points, Nifty trades below its crucial psychological level of 7,150


.@VodafoneIN to raise £2.9 bn via mandatory convertible bond issue: (Agencies)

Extends Losses: Quick Heal 285.40 -11.09%


5% Off Highs: Wockhardt 796.20 -0.05%


CURRENT:7,166.50, CHG:58.05/0.82%, HIGH:7,215.10, LOW:7,144.85 - Feb 18, 2016 13:08:35