Analysis of Indian Stock Market

The Indian Stock Markets are changing their positions intra day and someone who is playing on long term will require a lot of patience. Our clients could buy banknifty intraday and take profits in half today ie. 9th Oct.

From today, we have decided to tell the percentage and give support on twitter where you can ask your question and know the percentage. You may add the Twitter id which  is @crnindia

Thanks
Neera Jain
any query email me neera@crnindia.com

Analysis of Indian Stock Market for 9th Oct, 2019

Monday was again a down day. Let us wait for percentage to come above 50% for us to buy or come below 10% for oversold levels to think of buying. It seems that Indian Markets need fresh dose of positive news to bring them up else the downtrend is likely to continue.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  26% of stocks which are above support and 74% 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 Intraday 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 7th Oct, 2019

Friday was a one side bearish market. Remember when percentage comes below 50% it is bearish. Intra day traders made money in shorting. Let us wait for percentage to come above 50% for us to buy or come below 10% for oversold levels to think of buying.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  28% of stocks which are above support and 72% 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 Intraday 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 4th Oct, 2019

Thursday was a bearish day due to US market fall and a weekly clearing of Nifty and Bank Nifty. Friday we might get a trigger for short covering if interest rate cut and the commentary of RBI is favorable. Overall there seems to be more strength in Indices rather than cash stocks as percentage is below 50%

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  34% of stocks which are above support and 66% 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 Intraday 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 3rd Oct, 2019

Tuesday was quite a volatile day for the markets. We expected a rally to start but the way market opened weak with more number of stocks declining than advancing, it meant that we were clearly below 50% in the morning so we could not buy. Overall it was more of a trading day in the market. One thing is sure that these days one really does not need to predict the market for the next day but rather keep trading intra day as the markets have become a one day affair. So be careful with your positions. If you are holding good delivery stocks, then nothing to worry.

The broader trend of cash stocks is seen by the percentage number of stocks which are above important support levels. Currently there are  38% of stocks which are above support and 62% 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.