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.

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.

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.

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.

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