Monday, September 30, 2019

Analysis of Indian Stock Market for 1st Oct, 2019

As we had been saying that markets are taking time to consolidate, well, the consolidation is happening though cash stocks which have any linkage with doubtful reality are being hammered. As far as Nifty or Banknifty is concerned, it is expected that it should take a bounce now which happened in Nifty. For tuesday, it is expected that markets should start to recover now as the percentage is 50% which is neutral. So a rally on tuesday should come else it will be a breakdown of the uptrend. But overall these moves will happen intraday only. We would wait for the first sign of a buy in Banknifty intraday to go long.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  50% of stocks which are above support and 50% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.
For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Saturday, September 28, 2019

Analysis of Indian Stock Market for 30th Sept, 2019

The markets are still in a sideways consolidation range as far as nifty and bank nifty are concerned. The individual stocks keep moving up and down and one can play there trend better in such a sideways range. After a one way move of 900 points in Nifty, do not expect fireworks to continue without market going sideways. One needs to wait for good opportunity as a break from this sideways range will give good profits.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  62% of stocks which are above support and 38% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.
For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Thursday, September 26, 2019

Analysis of Indian Stock Market for 27th Sept, 2019

With huge up and down in BNF on clearing day, it made sense to be out of the market intraday. Now tomorrow is new clearing so we wait to take new positions intraday. Overall trend is up as shown below percentage wise so I suppose long term investors must be holding on to their deliveries.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  69% of stocks which are above support and 31% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.
For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Wednesday, September 25, 2019

Analysis of Indian Stock Market for 26th Sept, 2019

We quit our BNF near 30000 on 24th Sept. Now we are waiting for the clearing to get over before we take our next positions. We have enough profits to sit and relax. Remember stock market trading is all about timing for quick profits and sit idle when in doubt. Long term investing is about buying good stocks and sitting tightly but that is in a bull market.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  67% of stocks which are above support and 33% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.
For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Tuesday, September 24, 2019

Analysis of Indian Stock Market for 25th Sept, 2019

We quit our BNF near 30000 on 24th Sept. Now the market is likely to consolidate for some time before it takes its next move. It is better to wait for clearing to be over on Thursday and then take next position. System traders can take position as per their system.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  77% of stocks which are above support and 23% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.
For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Monday, September 23, 2019

Analysis of Indian Stock Market for 24th Sept, 2019

We are holding our BNF longs bought (27002) on friday. We will quit and short once sell signal comes. Good profit just enjoying. CP BNF is 30590.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  79% of stocks which are above support and 21% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. Today if there is a rally in the market and advance decline is positive then percentage support will again come up above 50% and then it will be a buy.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Sunday, September 22, 2019

Analysis of Indian Stock Market for 23rd Sept, 2019

FM announcement on Friday took the markets sharply up which noone had expected. But if play the trend then you can make such profits. Believe in your system of trading and you will make money.  Our clients went long in Bank Nifty Futures at 27002 after quitting their shorts. Half they booked profit with 250 points and balance they are still holding. The week gone by has given one of the best returns in a week. On a capital of 10 lakh, if they traded in 240 BNF, they have made more than Rs. 4 lakh intraday. This is the power of intraday trading.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  73% of stocks which are above support and 27% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. Today if there is a rally in the market and advance decline is positive then percentage support will again come up above 50% and then it will be a buy.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Friday, September 20, 2019

Analysis of Indian Stock Market for 20th Sept, 2019

Indian Stock Markets are taking all turns intra day. Earlier when it was bull markets and if they went up, all investors holding stocks were happy, but now overall markets are facing a lot of headwinds as FII have been continuously selling. There was added pressure of weekly option clearing in Nifty and Banknifty. In such bearish markets one has to be quite proactive to earn. You just cannot sleep and earn because your value of holding is going down. Let us wait today as FM is going to speak in the morning followed by the GST council meeting.

Just for your information, the intraday clients went short in Bank Nifty future at 27794 on tuesday 17th Sept 9.30 am, they booked half and other half they are holding. Current price is 26800.


The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  47% of stocks which are above support and 53% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. Today if there is a rally in the market and advance decline is positive then percentage support will again come up above 50% and then it will be a buy.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Wednesday, September 18, 2019

Analysis of Indian Stock Market for 19th Sept, 2019

Broader trend of Cash stocks came in up on Monday 9th Sept as percentage above support that day came above 53%. Nifty midcap 50 that day closed at 4315.


The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  61% of stocks which are above support and 39% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Tuesday, September 17, 2019

Analysis of Indian Stock Markets for 18th Sept, 2019

Broader trend of Cash stocks came in up on Monday 9th Sept as percentage above support that day came above 53%. Nifty midcap 50 that day closed at 4315.

Crude crisis brought the markets down, but it seems that the frontline indices fell more than cash stocks as cash stocks are still greater than 50%. Markets have become more of trading markets than investing market, so one should remain careful.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  60% of stocks which are above support and 40% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Monday, September 16, 2019

Analysis of Indian Stock Market for 17th Sept, 2019

Broader trend of Cash stocks came in up on Monday 9th Sept as percentage above support that day came above 53%. Nifty midcap 50 that day closed at 4315.

You will observe that cash stocks were still holding on inspite of a big fall in nifty due to increase in crude price by around 10%. It is seen that when cash stocks are above 50% support , then markets are strong. Let us how the markets behave on 17th Sept, 2019 as trend of markets percentage wise is still up.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  75% of stocks which are above support and 35% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Friday, September 13, 2019

Analysis of Indian Stock Market for 16th Sept, 2019

Broader trend of Cash stocks came in up on Monday 9th Sept as percentage above support that day came above 53%. Nifty midcap 50 that day closed at 4315.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  74% of stocks which are above support and 36% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.

For personal consultancy on Nifty, Banknifty or Stocks you may email to neera@crnindia.com

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Thursday, September 12, 2019

Analysis of Indian Stock Market for Friday the 13th Sept, 2019

Broader trend of Cash stocks came in up on Monday 9th Sept as percentage above support that day came above 53%. Nifty midcap 50 that day closed at 4315.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  70% of stocks which are above support and 40% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.

All the action in the market occurs intraday only and big money changes its direction very fast. You may have seen from that one month trial of intraday banknifty that all action was quite fast intraday. Daily level buying and seeing big profits will take time. Also the thursday weekly clearing on Nifty and Bank Nifty Options also plays a spoil sport in the market. These moves can be caught intraday only.

It seems the big investors are lacking confidence in the economy and that is what is showing in the market at higher levels as selling is coming fast at higher levels.

In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Disclaimer: Trading is risky and their is every chance of losing all your money.

Wednesday, September 11, 2019

Analysis of Indian Stock Market for 12th Sept, 2019

Broader trend of Cash stocks came in up on Monday 9th Sept as percentage above support that day came above 53%. Nifty midcap 50 that day closed at 4315.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  71% of stocks which are above support and 39% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. So after a long time this percentage has come above 50% implying that a new uptrend has started in cash stocks and time has come to buy deliveries.

Did you observe that once broader trend comes to up, even auto stocks started to move up. That is a healthy sign.


In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Monday, September 09, 2019

Analysis of Indian Stock Market for 11th Sept, 2019


The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  53% of stocks which are above support and 47% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. So after a long time this percentage has come above 50% implying that a new uptrend has started in cash stocks and time has come to buy deliveries.




In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Saturday, September 07, 2019

Analysis of Indian Stock Market for 9th Sept, 2019


The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  37% of stocks which are above support and 63% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. Just for your information the cash stocks percentage has been below 50% for majority of the time in last 5 months. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought.

I am quite sure many of us must be curious to see what happens when stocks above support come as more than 50% because that is when one needs to buy deliveries.


In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Thursday, September 05, 2019

Analysis of Indian Stock Market for 6th Sept, 2019

Thursday 5th August, 2019, we booked our loss in BNF and are now out of the market. Our one month of trail gets over as tomorrow being friday, if we take position then we will have to quit on 9th Sept. Overall profit is rupees one lakh and forty six thousand in a month on a margin of Rs. 10 lakh. So anyone wishing to join for paid service may contact the  neera@crnindia.com

The track record is in below table.

PositionBNF50% profitPaper ProfitCummBalance
BNF DatePriceTakenLossProfit/loss Position
240Thursday, August 08, 2019279502820030000120
Tuesday, August 13, 20192822533000630000
-240Tuesday, August 13, 201928190280002280085800-120
Wednesday, August 14, 201928060156001014000
240Wednesday, August 14, 20192810027955-34800666000
240Friday, August 16, 201928062282502256089160120
Monday, August 19, 201928330321601213200
240Wednesday, August 21, 20192811027898-50880704400
240Friday, August 23, 2019272102750034800105240120
Friday, August 23, 201926983-27240780000
240Monday, August 26, 2019273302760032400110400120
Monday, August 26, 2019282151062002166000
-240Wednesday, August 28, 2019279772778223400240000-120
Thursday, August 29, 201927750272402672400
240Friday, August 30, 20192750527130-900001772400
2404 September 20192717027040312001460400

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  35% of stocks which are above support and 65% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. Just for your information the cash stocks percentage has been below 50% for majority of the time in last 5 months. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. Here we also have to see the broad trend of US markets.


In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Wednesday, September 04, 2019

Analysis of Indian Stock Market for 5th Sept, 2019

Wednesday the 4th Sept, 2019 we went long in BNF in 27170 and are holding the same for 5th Sept. At lower levels buying has emerged and let us see how market behaves now.
(This newsletter you can always find at the blog at 4 pm after market hours.)

The track record is in below table.

PositionBNF50% profitPaper ProfitCummBalance
BNF DatePriceTakenLossProfit/loss Position
240Thursday, August 08, 2019279502820030000120
Tuesday, August 13, 20192822533000630000
-240Tuesday, August 13, 201928190280002280085800-120
Wednesday, August 14, 201928060156001014000
240Wednesday, August 14, 20192810027955-34800666000
240Friday, August 16, 201928062282502256089160120
Monday, August 19, 201928330321601213200
240Wednesday, August 21, 20192811027898-50880704400
240Friday, August 23, 2019272102750034800105240120
Friday, August 23, 201926983-27240780000
240Monday, August 26, 2019273302760032400110400120
Monday, August 26, 2019282151062002166000
-240Wednesday, August 28, 2019279772778223400240000-120
Thursday, August 29, 201927750272402672400
240Friday, August 30, 20192750527130-900001772400
240 Wednes 4 September 201927170240

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  30% of stocks which are above support and 70% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. Just for your information the cash stocks percentage has been below 50% for majority of the time in last 5 months. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. Here we also have to see the broad trend of US markets.


In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com

Tuesday, September 03, 2019

Analysis of Indian Stock Market for 4th Sept, 2019

Over the last three days there was too much of negative news related with Indian Stock Markets. Every news was coming negative. The markets opened with a big wide gap, we booked our loss in long positions and are now sitting without any position. We will wait for a clear trade.

(This newsletter you can always find at the blog at 4 pm after market hours.)

The track record is in below table.

PositionBNF50% profitPaper ProfitCummBalance
BNF DatePriceTakenLossProfit/loss Position
240Thursday, August 08, 2019279502820030000120
Tuesday, August 13, 20192822533000630000
-240Tuesday, August 13, 201928190280002280085800-120
Wednesday, August 14, 201928060156001014000
240Wednesday, August 14, 20192810027955-34800666000
240Friday, August 16, 201928062282502256089160120
Monday, August 19, 201928330321601213200
240Wednesday, August 21, 20192811027898-50880704400
240Friday, August 23, 2019272102750034800105240120
Friday, August 23, 201926983-27240780000
240Monday, August 26, 2019273302760032400110400120
Monday, August 26, 2019282151062002166000
-240Wednesday, August 28, 2019279772778223400240000-120
Thursday, August 29, 201927750272402672400
240Friday, August 30, 20192750527130-900001772400

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  19% of stocks which are above support and 81% stocks are below support.  When stocks above support are below 50% we consider cash stocks to be in downtrend and above 50% we consider cash stocks to be in uptrend. Just for your information the cash stocks percentage has been below 50% for majority of the time in last 5 months. This percentage when comes below 10%, we consider the markets as quite oversold  and when it is above 90% as quite overbought. Here we also have to see the broad trend of US markets.


In case you wish to give some suggestion you may go to the blog and give your feedback there on the contact form.

Thanks.
neera@crnindia.com