US markets tanked today after a dismal crude oil inventory report. While US stocks continued their extended run except for a 10 day battering in June one should not forget the current rally is not powered by volumes.
Coming to Indian markets the midcap run is likely to continue further given the FII inflows. There are many unknown names that are running, reminding of yesteryear's crash landings. The next leg of rally will turn to stocks below Rs 20 and that signals a temporary halt to the current upward momentum.
Indian economy is undoubdtedly back on track but the current spike in equities do not augur well. Cheap dollars are driving the global equity markets and most of the central bankers know this pretty well. We will witness the rate hikes soon which might curb the inflows.
Stocks to watch intraday : Kingfisher Airlines, IL&FS Transportation, Hotel Leela, Jagran Prakashan, Anant Raj Industries
JGS Investments is a home of expert stockmarket analysts, and premier source for technical analysts research and information on Indian Stock Markets.Just join us at Yahoo Messenger sheth_jg@yahoo.com OR Email at sheth_jg@yahoo.com
Thursday, April 8, 2010
Wednesday, April 7, 2010
Stock market indices facing stiff resistance at current levels
Stock market indices are likely to consolidate at the current levels on Wednesday,as we are witnessing constant supply at higher levels. The mark is looking for fresh triggers to make a move and there are none in the vicinity at this point of time.Expect the Sensex to trade in a band of 0.5 percent
The Sensex has spent most of its time close to the dotted line yesterday, although there were some bright spots like the 'Realty'with help from DLF and Reliance Infra. As expected Midcap and Smallcap excelled even in a lacklustre market. We expect the trend to continue as traders and speculators are flocking to second rung stocks in hopes of making some quick money.
Shares of the new listing Persistent systems closed at Rs 404, which is a premium of more than 30 percent from the issue price. We expect the stock to make a move to Rs 430 level intraday, and traders to should exit at these levels. Our pick Prime Focus jumped 13 percent on huge volumes and we see this stock going places soon. Hold on to tis baby. Essel Propack, Essar shipping and Surya Roshni were other midcaps that attracted active traders.
Our pick HEG which was mentioned couple of days ago at Rs 340 levels reached Rs 363 yesterday and we recommend holding the stock for couple of days for further gains.Indo Asian Fuse Gear and Crest Animation are two stocks that might be worth watching for traders today
The Sensex has spent most of its time close to the dotted line yesterday, although there were some bright spots like the 'Realty'with help from DLF and Reliance Infra. As expected Midcap and Smallcap excelled even in a lacklustre market. We expect the trend to continue as traders and speculators are flocking to second rung stocks in hopes of making some quick money.
Shares of the new listing Persistent systems closed at Rs 404, which is a premium of more than 30 percent from the issue price. We expect the stock to make a move to Rs 430 level intraday, and traders to should exit at these levels. Our pick Prime Focus jumped 13 percent on huge volumes and we see this stock going places soon. Hold on to tis baby. Essel Propack, Essar shipping and Surya Roshni were other midcaps that attracted active traders.
Our pick HEG which was mentioned couple of days ago at Rs 340 levels reached Rs 363 yesterday and we recommend holding the stock for couple of days for further gains.Indo Asian Fuse Gear and Crest Animation are two stocks that might be worth watching for traders today
Tuesday, April 6, 2010
Stocks to hold on to their gains
Stocks in Mumbai are set to hold on to their gains after a big day yesterday. We are witnessing a lot of interest in the Midcap space as investors are getting ready to place risky bets. Expect the benchmark index or the Sensex to gain more than 0.5 percent or nearly 100 points for the day
The Sensex has shown a good pattern all day yesterday gaining ground as the day progressed. Realty and Oil stocks stole the limelight with the sectoral indices gaining 2.6 percent and 2 percent respectively.Reliance Infra and DLF were among the notable gainers in the Realty space.
Midcaps are the sweet spot in the market, with lot of stocks showing great strength. Rohit Ferro is one stock that looks good as the stock has broken the Rs 50 mark and is looking explosive at the current market price of Rs 51.50.Our personal favorite Jubilant Food works has reached anew band now and Rs 390 is within the reach for the stock. Omintech Info, Omax Auto ans India Glycols are in strong hands from a short term perspective.AllCargo Logistics, Pipavav Shipyard look good from a short term trading perspective. We stock to the call we gave on HEG as we think that there is some more steam left in this scrip.
The Sensex has shown a good pattern all day yesterday gaining ground as the day progressed. Realty and Oil stocks stole the limelight with the sectoral indices gaining 2.6 percent and 2 percent respectively.Reliance Infra and DLF were among the notable gainers in the Realty space.
Midcaps are the sweet spot in the market, with lot of stocks showing great strength. Rohit Ferro is one stock that looks good as the stock has broken the Rs 50 mark and is looking explosive at the current market price of Rs 51.50.Our personal favorite Jubilant Food works has reached anew band now and Rs 390 is within the reach for the stock. Omintech Info, Omax Auto ans India Glycols are in strong hands from a short term perspective.AllCargo Logistics, Pipavav Shipyard look good from a short term trading perspective. We stock to the call we gave on HEG as we think that there is some more steam left in this scrip.
Monday, April 5, 2010
WEEKLY TECHNICAL ANALYSIS FOR NIFTY:
WEEKLY TECHNICAL ANALYSIS FOR NIFTY:
Nifty is in Overbought position again on weekly Charts But the most Important thing is that 50 Day Simple Moving average crossed 200 Day Simple Moving average, Now it moving further upward direction. This crossover is happen in 2003 when the previous Bull Market started and continued for next 5 years till 2008. So one should hope for good days are ahead.
Weekly Stochastic is in the upper Over-bought zone, but as was the case of last year during the months of April 2009 to June 2009 & again from August 2009 till October 2009 slow Stochastic continued to remain in the upper zone giving mega bull move to the markets. Similarly weekly W%R has entered the upper zone & is likely to remain in the upper zone for many more weeks as was during April to June and August to October 2009. These are extremely bullish indications for next few weeks.
Trend Indicator the Weekly ADX has flat with positive DMI at 26 and negative DMI at 18. Weekly MACD is about to generate a bullish indication as signal line is about to cross MACD line upwards both being above the neutral line.
1. Nifty Resistance – 5307 – 5311 – 5345 – 5362 - 5395
2. Nifty Supports – 5262 – 5245 – 5205 – 5180 - 5160
DAILY TECHNICAL ANALYSIS FOR NIFTY:
The Daily Indicator somehow weak compare to Weekly Indicators, slow Stochastic going downwards from high of 85 now %K and %D both line falling, now %K at 47 and %D at 59. Daily RSI at 66 is giving a bullish signal as it is moving at upper zone. Daily ADX both positive DMI and Negative DMI moved to kiss each others. MACD is about to generate a bearish signal indication as signal line is about to cross MACD line downwards both being above the neutral line.
As far as nifty not breach 5187 till one should stand Bullish in Markets
NOW NIFTY,
iF YOU SEE MONTH BY MONTH THEN LAST 2 MONTHS (FEB & MARCH) WAS MEGHA BULLISH.. IN FEBRUARY NIFTY LOW WAS AT 4675 AND CLOSING WAS AT 4922 WHERE MARCH MONTH LOW WAS 4935 AND CLOSING WAS 5249. ITS A GAIN OF 247 POINTS IN FEBRUARY AND 327 POINTS GAIN IN MARCH.
YOU CAN ALSO NOTICE THAT IN MARCH NIFTY NOT BREACHES FEB MONTH CLOSING, SO ITS A MEGA BULLISH MONTH FROM STARTING.
NIFTY ALREADY FORMED FALLING WEDGES ON CHARTS. SO TAKE OPPORTUNITY OF THIS...
MANY - MANY SHARE ALSO BREACHES THE MAJOR SUPPORTS... WE TRY TO GIVE THOSE SHARE SHORT CALL IN OUR TODAY'S CALLS.
Nifty is in Overbought position again on weekly Charts But the most Important thing is that 50 Day Simple Moving average crossed 200 Day Simple Moving average, Now it moving further upward direction. This crossover is happen in 2003 when the previous Bull Market started and continued for next 5 years till 2008. So one should hope for good days are ahead.
Weekly Stochastic is in the upper Over-bought zone, but as was the case of last year during the months of April 2009 to June 2009 & again from August 2009 till October 2009 slow Stochastic continued to remain in the upper zone giving mega bull move to the markets. Similarly weekly W%R has entered the upper zone & is likely to remain in the upper zone for many more weeks as was during April to June and August to October 2009. These are extremely bullish indications for next few weeks.
Trend Indicator the Weekly ADX has flat with positive DMI at 26 and negative DMI at 18. Weekly MACD is about to generate a bullish indication as signal line is about to cross MACD line upwards both being above the neutral line.
1. Nifty Resistance – 5307 – 5311 – 5345 – 5362 - 5395
2. Nifty Supports – 5262 – 5245 – 5205 – 5180 - 5160
DAILY TECHNICAL ANALYSIS FOR NIFTY:
The Daily Indicator somehow weak compare to Weekly Indicators, slow Stochastic going downwards from high of 85 now %K and %D both line falling, now %K at 47 and %D at 59. Daily RSI at 66 is giving a bullish signal as it is moving at upper zone. Daily ADX both positive DMI and Negative DMI moved to kiss each others. MACD is about to generate a bearish signal indication as signal line is about to cross MACD line downwards both being above the neutral line.
As far as nifty not breach 5187 till one should stand Bullish in Markets
NOW NIFTY,
iF YOU SEE MONTH BY MONTH THEN LAST 2 MONTHS (FEB & MARCH) WAS MEGHA BULLISH.. IN FEBRUARY NIFTY LOW WAS AT 4675 AND CLOSING WAS AT 4922 WHERE MARCH MONTH LOW WAS 4935 AND CLOSING WAS 5249. ITS A GAIN OF 247 POINTS IN FEBRUARY AND 327 POINTS GAIN IN MARCH.
YOU CAN ALSO NOTICE THAT IN MARCH NIFTY NOT BREACHES FEB MONTH CLOSING, SO ITS A MEGA BULLISH MONTH FROM STARTING.
NIFTY ALREADY FORMED FALLING WEDGES ON CHARTS. SO TAKE OPPORTUNITY OF THIS...
MANY - MANY SHARE ALSO BREACHES THE MAJOR SUPPORTS... WE TRY TO GIVE THOSE SHARE SHORT CALL IN OUR TODAY'S CALLS.
Stocks to open higher on Monday morning
Stocks on D-Street are likely to open higher following positive global cues and better than expected unemployment data from the U.S. We expect the benchmark index or the sensex to gain more than 0.5 percent or neary 85 points for the day
Gains in IT and Consumer Durables stocks helped the benchmark cover decent ground on Thursday. It is worth noting that the attention has suddenly shifted to Smallcap and Midcap stocks with the Midcap and Smallcap stocks gaining 0.9 and 2.4 percent respectively.
We strongly believe that there will be a huge rally in speculative stocks this week, as the complacency factor in the market is too high and this has encouraged speculators to get back in to the market. Traders might have a good time minting money if they are willing to take risk and can bet some money in second and third rung stocks. The key is to get out of these scrips after 10 to 20 percent gains and not be greedy and get stuck for life.
Some of the Midcaps that showed significant strength were BAG Films (mentioned in our Wednesday's review), Man Aluminum, Mudra Life, Vakrangee Software and Jayswal Neco. We like the Jayswal Neco and Vakrangee from a trading perspective, as we see a fresh break out from the current levels. Investors who would like to play it safe could bet on HEG, Unitech and DB Corp, form a short term perspective
Gains in IT and Consumer Durables stocks helped the benchmark cover decent ground on Thursday. It is worth noting that the attention has suddenly shifted to Smallcap and Midcap stocks with the Midcap and Smallcap stocks gaining 0.9 and 2.4 percent respectively.
We strongly believe that there will be a huge rally in speculative stocks this week, as the complacency factor in the market is too high and this has encouraged speculators to get back in to the market. Traders might have a good time minting money if they are willing to take risk and can bet some money in second and third rung stocks. The key is to get out of these scrips after 10 to 20 percent gains and not be greedy and get stuck for life.
Some of the Midcaps that showed significant strength were BAG Films (mentioned in our Wednesday's review), Man Aluminum, Mudra Life, Vakrangee Software and Jayswal Neco. We like the Jayswal Neco and Vakrangee from a trading perspective, as we see a fresh break out from the current levels. Investors who would like to play it safe could bet on HEG, Unitech and DB Corp, form a short term perspective
Thursday, April 1, 2010
WE STARTED CALL / PUT CALLS
NOW, NIFTY ON CHARTS : NOW THE CLEAR CUT LAXMAN REKHA FOR NIFTY IS AT 5290 - (CLOSING BASIS) ANY ONE CAN BOLDLY SHORT NIFTY ANY NEARER TO 5290 WITH STOP LOSS OF
5282 & 5295
NIFTY ALREADY FORMED FALLING WEDGES ON CHARTS. SO TAKE OPPORTUNITY OF THIS...
MANY - MANY SHARE ALSO BREACHES THE MAJOR SUPPORTS... WE TRY TO GIVE THOSE SHARE SHORT CALL IN OUR TODAY'S CALLS.
TODAY....
TODAY NIFTY AGAIN MOVES IN NARROW RANGE IN BETWEEN 5282 AS MAX AS 5294
(AND MAX TO MAX 5305) TO 5220 – !! ANY BREACH OF 5205 STARTS HAVOC
PANIC SITUATION IN MARKET.
1. NIFTY RESISTANCE: 5265,5282, 5295, 5305, 5317, 5328,
2. NIFTY SUPPORT: 5245, 5233, 5223 AND 5205 ( ANY BELOW OF 5205 CREATE
PANIC SITUATION IN NIFTY THEN SUPPORTS AT 5195, 5180, 5160)
1. SHORT NIFTY 2BOVE 5275 SL 5305 TGT 5245 / 5235 / 5225
OPTION STRETEGY: BUY 5200PUT @80 & 5400CALL@ 46 2 : 1 RATIO
COMINE PREMIUM = 80 X2 = 160 + 46 = 206,
INVESTMENT: 50 NIFTY SHARE: 1 LOT X 206 = 10,300
TGT 20,000, 25,000, 30,000, SL = ZERO
AS TODAY IS 1ST APRIL SO AND THE PREMIUM DOWN AS TIME DECADE!!
SO NEED FASTEST TRADING IN THIS.NEED TO PROFIT 3,000/ – 2500/ EVERY DAY.
THOSE WHO PARTICIPATE IN THIS CALL – CONTACT ME AT YAHOO MESSANGER.
2. SHORT BANK NIFTY CMP 9460 SL 9518 TGT 9400 / 9350 / 9300
OPTION STRETEGY: BUY 9200PUT @ 91 & 9500CALL@ 185
2: 1 RATIO
COMINE PREMIUM = 91 X2 = 182 + 185 = 367,
INVESTMENT: 50 NIFTY SHARE: 1 LOT X 367 = 18,350
TGT 30,000, 40,000 SL = ZERO
AS TODAY IS 1ST APRIL SO AND THE PREMIUM DOWN AS TIME DECADE!!
SO NEED FASTEST TRADING IN THIS.NEED TO PROFIT 5,000/ – 4000/ EVERY
DAY. THOSE WHO PARTICIPATE IN THIS CALL – CONTACT ME AT YAHOO MESSANGER.
Rates & Services
Scheme A
ONE ALL in CHAT mode / MOBILE
1. Nifty Future Call
2. Intraday Call In FNO and Capital Market
3. Carry Call In FNO
4. BTST/STBT In FNO
5. Delivery Based Call for Swing Traders and Short, Medium and Long term Investors
6. Tips on Option Trading (Call and Put).
7. Interactive On Messenger .
Rates
ONE ALL in CHAT mode
Monthly 6000/-
Quaterly 17500/-
Half Yearly 33500/-
Yearly 60000/
Scheme B
Nifty Total
A Total Pack of Nifty Futures & Options Segment In This Pack Subscribers with be Getting calls on options, Nifty Futures
Positional & Intra day With Precise Entry Exit Stop loss & Target
Rates
Rs 3500 / month
Scheme C
BTST/STBT (2-4 DAILY ) + Delivery Picks short term to long term
Rates
Rs 4500 /month
Scheme D
Equity Cash - For Traders who have the Appetite of Taking Delivery In Mid Cap/Small Cap Segment
Rates
Rs 3500 / month
No free trial will be given. Paid trial for one week is Rs.1850/- (only Chat room access)
New Scheme Launched
New Package for Investors , Traders for who do not want to pay one time charges
To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
Profit Sharing Ratio ...Decided with clients with respect to Deposit they have with us
Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
Calculated Every 30th of the month end
To know more Pls be free to call us on 09821435805 or sms us
One can mail us to sheth_jg@yahoo.com
We have all messenger like ,gtalk(gmail),msn(hotmail),yahoo,skype,facebook etc
Even chat on Room access
Payment Details:
Bank - Icici Bank, Name - Jigar Sheth , A/c - 001101049075 Andheri Branch
We have HDFC BANK,AXIS BANK Payment options too
The payment can be made by cheque or by Online transfer. Cash payments or cash deposits will be accepted but add Rs. 175/- as Inter-bank transaction charges
Foreign clients may make payments through Western Union Money Transfer.
After doing that, Email the payment details along with the service opted with your Mobile Number or Yahoo Chat ID
For Details & Clarification If you may Contact - sheth_jg@yahoo.com
5282 & 5295
NIFTY ALREADY FORMED FALLING WEDGES ON CHARTS. SO TAKE OPPORTUNITY OF THIS...
MANY - MANY SHARE ALSO BREACHES THE MAJOR SUPPORTS... WE TRY TO GIVE THOSE SHARE SHORT CALL IN OUR TODAY'S CALLS.
TODAY....
TODAY NIFTY AGAIN MOVES IN NARROW RANGE IN BETWEEN 5282 AS MAX AS 5294
(AND MAX TO MAX 5305) TO 5220 – !! ANY BREACH OF 5205 STARTS HAVOC
PANIC SITUATION IN MARKET.
1. NIFTY RESISTANCE: 5265,5282, 5295, 5305, 5317, 5328,
2. NIFTY SUPPORT: 5245, 5233, 5223 AND 5205 ( ANY BELOW OF 5205 CREATE
PANIC SITUATION IN NIFTY THEN SUPPORTS AT 5195, 5180, 5160)
1. SHORT NIFTY 2BOVE 5275 SL 5305 TGT 5245 / 5235 / 5225
OPTION STRETEGY: BUY 5200PUT @80 & 5400CALL@ 46 2 : 1 RATIO
COMINE PREMIUM = 80 X2 = 160 + 46 = 206,
INVESTMENT: 50 NIFTY SHARE: 1 LOT X 206 = 10,300
TGT 20,000, 25,000, 30,000, SL = ZERO
AS TODAY IS 1ST APRIL SO AND THE PREMIUM DOWN AS TIME DECADE!!
SO NEED FASTEST TRADING IN THIS.NEED TO PROFIT 3,000/ – 2500/ EVERY DAY.
THOSE WHO PARTICIPATE IN THIS CALL – CONTACT ME AT YAHOO MESSANGER.
2. SHORT BANK NIFTY CMP 9460 SL 9518 TGT 9400 / 9350 / 9300
OPTION STRETEGY: BUY 9200PUT @ 91 & 9500CALL@ 185
2: 1 RATIO
COMINE PREMIUM = 91 X2 = 182 + 185 = 367,
INVESTMENT: 50 NIFTY SHARE: 1 LOT X 367 = 18,350
TGT 30,000, 40,000 SL = ZERO
AS TODAY IS 1ST APRIL SO AND THE PREMIUM DOWN AS TIME DECADE!!
SO NEED FASTEST TRADING IN THIS.NEED TO PROFIT 5,000/ – 4000/ EVERY
DAY. THOSE WHO PARTICIPATE IN THIS CALL – CONTACT ME AT YAHOO MESSANGER.
Rates & Services
Scheme A
ONE ALL in CHAT mode / MOBILE
1. Nifty Future Call
2. Intraday Call In FNO and Capital Market
3. Carry Call In FNO
4. BTST/STBT In FNO
5. Delivery Based Call for Swing Traders and Short, Medium and Long term Investors
6. Tips on Option Trading (Call and Put).
7. Interactive On Messenger .
Rates
ONE ALL in CHAT mode
Monthly 6000/-
Quaterly 17500/-
Half Yearly 33500/-
Yearly 60000/
Scheme B
Nifty Total
A Total Pack of Nifty Futures & Options Segment In This Pack Subscribers with be Getting calls on options, Nifty Futures
Positional & Intra day With Precise Entry Exit Stop loss & Target
Rates
Rs 3500 / month
Scheme C
BTST/STBT (2-4 DAILY ) + Delivery Picks short term to long term
Rates
Rs 4500 /month
Scheme D
Equity Cash - For Traders who have the Appetite of Taking Delivery In Mid Cap/Small Cap Segment
Rates
Rs 3500 / month
No free trial will be given. Paid trial for one week is Rs.1850/- (only Chat room access)
New Scheme Launched
New Package for Investors , Traders for who do not want to pay one time charges
To Celebrate Our Anniversary, we have launced Profit Sharing Scheme for new clients and as well as old clients if they wish for!!!!!!!!!!!!!!!!
Anyone can subscribe this Scheme ...Details as follow
Profit Sharing Ratio ...Decided with clients with respect to Deposit they have with us
Intraday calls, Delivery calls, Positional calls on Stock /Nifty
Future and Options too
Interactive On Messenger ( Guidance given for every call - how to trade)
Calls given on mobile n messenger even on Phone (on demand)
Calculated Every 30th of the month end
To know more Pls be free to call us on 09821435805 or sms us
One can mail us to sheth_jg@yahoo.com
We have all messenger like ,gtalk(gmail),msn(hotmail),yahoo,skype,facebook etc
Even chat on Room access
Payment Details:
Bank - Icici Bank, Name - Jigar Sheth , A/c - 001101049075 Andheri Branch
We have HDFC BANK,AXIS BANK Payment options too
The payment can be made by cheque or by Online transfer. Cash payments or cash deposits will be accepted but add Rs. 175/- as Inter-bank transaction charges
Foreign clients may make payments through Western Union Money Transfer.
After doing that, Email the payment details along with the service opted with your Mobile Number or Yahoo Chat ID
For Details & Clarification If you may Contact - sheth_jg@yahoo.com
Wednesday, March 31, 2010
Markets face resistance at higher levels
Stocks on Dalal Street look to recover from losses incurred on Tuesday. Expect a flat to negative opening in the first hour of trade. It is getting tough for the indices to move higher from the current levels, as it is getting hard to find buyers at the current levels. Nifty could not keep the 5,300 level for more than a day, and is looking weak unless we see a convincing move up and a close above the 5,300 level.
We have witnessed sudden spurt in selling activity towards the end of the day, especially in the final hour. Realty stocks were surprise winners with DLF Ltd and MSK Projects remaining big winners in this space. Tata Motors was another heavy weight that showed promise in a falling market on news of the company planning a price hike of its cars and successful conversion of debt.
BAG Films, Geojit Paribas and Hindustan Copper were some of the stocks that looked strong even in a weak market. Overall, a dull day of trade is in the offing, with possibility of a slight correction.
We have witnessed sudden spurt in selling activity towards the end of the day, especially in the final hour. Realty stocks were surprise winners with DLF Ltd and MSK Projects remaining big winners in this space. Tata Motors was another heavy weight that showed promise in a falling market on news of the company planning a price hike of its cars and successful conversion of debt.
BAG Films, Geojit Paribas and Hindustan Copper were some of the stocks that looked strong even in a weak market. Overall, a dull day of trade is in the offing, with possibility of a slight correction.
Subscribe to:
Posts (Atom)