iCharts Discussions

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Daily trend analysis and selective stock picks - This is purely based on the statistical data.

Additional details is updated in rupeeroom blogspot. only wish if this forum would support table insertion.

Sell Trades. (SL and TP)

AUTOMOBILE

ASHOKLEY-1M 147.3 138.5
EXIDEIND-1M 255.8 246.2
MOTHERSUMI-1M 317.5 297.9

CEMENT & CEMENT PRODUCTS

DALMIABHA 2686.9 2558.1
RAMCOCEM 785.8 724.4

CONSTRUCTION

DLF 202.5 193.6
GMRINFRA 17.3 15.7
LT 1351.6 1313.2
VOLTAS 546.6 502.7

ENERGY

CASTROLIND 172.7 163.5
CESC 1022.8 990.3
NTPC 165.5 160.2
POWERGRID 207.0 195.3

FINANCIAL SERVICES

DCBBANK 183.6 176.1
EQUITAS 160.7 151.2
ICICIBANK 291.6 279.7
YESBANK 340.7 331.3

PHARMA

BIOCON 641.9 596.0
DIVISLAB 1095.4 999.7

SERVICES

CONCOR 1370.4 1316.4
JETAIRWAYS 415.3 384.0
SRF 1943.2 1673.9

BUY Order

AUTOMOBILE

BAJAJ-AUTO 2822.7 2939.3
M&M 876.9 945.2
MARUTI 8699.6 9030.8
MRF 75024.1 77080.4
TATAMOTORS 299.6 320.1
TATAMTRDVR 176.3 188.2

CONSUMER GOODS

BALRAMCHIN 69.0 77.5
BATAINDIA 764.0 785.6
BRITANNIA 5754.7 6064.3
DABUR 379.3 390.9
GODREJIND 582.5 616.3
HAVELLS 543.9 564.4
HINDUNILVR 1578.2 1615.3
JUBLFOOD 2571.7 2745.4
KSCL 512.9 547.7

ENERGY

BPCL 398.5 421.2
GAIL 334.0 353.4
HINDPETRO 310.0 329.4
IGL 265.7 278.2
MGL 830.3 884.7
PETRONET 215.5 225.5
RELIANCE 940.8 984.8
RELINFRA 416.4 454.5
RPOWER 34.7 37.0
TORNTPOWER 240.6 273.4

FINANCIAL SERVICES

ANDHRABANK 35.7 38.0
AXISBANK 538.0 553.9
BAJAJFINSV 5849.1 6251.7
BAJFINANCE 2104.8 2258.6
BANKINDIA 98.7 105.4
BHARATFIN 1159.4 1185.0
CANBK 254.1 276.8
CHOLAFIN 1552.7 1612.4
DHFL 615.9 633.8
FEDERALBNK 84.3 88.2
INDIANB 323.9 359.4
INDUSINDBK 1902.0 1944.4
KOTAKBANK 1296.2 1340.0
KTKBANK 118.6 123.9
LICHSGFIN 486.2 506.7
M&MFIN 475.7 497.4
MFSL 478.2 501.6
ORIENTBANK 79.6 85.1
PFC 78.6 85.8
PNB 83.4 92.4
RELCAPITAL 398.7 435.6
SBIN 261.2 284.3
SOUTHBANK 24.8 26.4
SYNDIBANK 47.9 52.5
UNIONBANK 89.1 95.4

IT

HEXAWARE 430.7 449.8
INFY 1206.8 1240.7
JUSTDIAL 513.9 647.3
KPIT 267.5 284.9
MINDTREE 1018.0 1042.8
NIITTECH 1076.3 1125.7
TATAELXSI 1201.1 1258.3
TCS 1749.8 1777.7
TECHM 694.9 721.9

MEDIA & ENTERTAINMENT

PVR 1354.4 1436.7
TV18BRDCST 54.9 58.8
ZEEL 560.8 577.5

SERVICES

ADANIENT 122.0 129.6
BHARTIARTL 373.9 390.5
IDEA 58.4 66.6
ARVIND 397.1 423.5

METALS

HINDZINC 293.4 304.1
JINDALSTEL 238.7 257.0
JSWSTEEL 329.8 349.8
TATASTEEL 583.4 626.3

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finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Will amend the topic to post only NIFTY and BANKNIFTY trend, as it becomes difficult for tracking and posting for the individual stocks.

BANKNIFTY ; STRONG BUY ; SL = 26248.0, TP = 26896.6

NIFTY ; BUY ; SL = 10649.5, TP = 10849.5

Nifty composition - =ve ; with 28 stocks positive out of 48. 13 are neutral and 7 strong sell. Bias will be positive, unless the stop loss is broken on downside.

BankNifty, except for ICICIBANK and YESBANK, all other banks have strong momentum,

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

BANKNIFTY Continues strong momentum STRONG BUY CMP = 26616.15

SL2 = 26529.4
TP2 = 26963.3
SL1 = 26253.2
TP1 = 26911.8

TREND CONTINUATION-STRONG BUY

Overall Banking Trend is positive with the exception of YES BANK.

Hence expect Bank NIfty to continue up Move.

NIFTY

TREND CONTINUATION-STRONG BUY

Nifty CMP 10839.05, it is expected for a short term upmove
SL 1 = 10650.5
TP 1 = 10854.1

However, the risk to reward ratio is not favorable.

Note: -
First Profit Targets
BB(SL) = Stop Loss ZOne
BB (TP) Target profit Zone.

Second Profit target

Stop Loss = FF (SL)
Target Profit = FF (TP)

Total profit Value = this is the profit for the Position taken (Calculated since the start of the week).

Crietria = Function (ADX, RSI, Simple Moving Average for 5 days).

Note: - Stocks highlighted in YELLOW are the NIFTY composite stocks.

Rule :- Based on TREND logic. Unless the trend changes , Position Continues till the SL/TP is hit or Signal changes. To ensure that profit is captured, if there is change in direction or momentum, then the SELL / NEUTRAL signal is triggered. Every Day the SL and TP will be updated based on the Bollinger MID and ATR.

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

BANKNIFTY Continues strong momentum STRONG BUY CMP = 26637.3

SL2 = 26553.9
TP2 = 26971.0
SL1 = 26274.1
TP1 = 26953.3

TREND CONTINUATION-STRONG BUY

Overall Banking Trend is positive with the exception of YES BANK.

Below are overbought ones:-
SBIN
ORIENTBANK
SYNDIBANK
ALBK
ANDHRABANK
CANBK

Expecting Bank NIfty to Consolidate. Better trade would be to SELL BN Put Options for 26500.

NIFTY

TREND CONTINUATION-STRONG BUY

Nifty CMP 10844.85 , it is expected for a short term upmove
SL 2 = 10820.7
TP 2=10941.5
Sl 1 = 10654.7
TP 1 = 10870.3

However, the risk to reward ratio is not favorable.

Sell NIFTY PUT @10750/10700
SELL NIFTY CALL @11000/10950

Note: -Additional details are updated in the rupeeroom blog.

Disclaimer - I am no expert in Trading, the recommendation are based on statistical and trend analysis.

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Overbought Stocks ( good to buy for any pull back)

Classic example of overbought scenarios.

These stocks are in my watch list to be bought after pullback. Reward to risk ratio is less than 20%.

Industry symbol
SERVICES ADANIENT-1M
TEXTILES ARVIND-1M
PHARMA CADILAHC-1M
PHARMA CIPLA-1M
PHARMA DRREDDY-1M
IT HCLTECH-1M
FINANCIAL SERVICES IDFCBANK-1M
PHARMA LUPIN-1M
TEXTILES PAGEIND-1M
FINANCIAL SERVICES RBLBANK-1M
ENERGY RELIANCE-1M
PHARMA SUNPHARMA-1M
CONSUMER GOODS TATAGLOBAL-1M
PHARMA WOCKPHARMA-1M

Oversold

ENERGY NTPC-1M

BANKNIFTY Continues strong momentum STRONG BUY CMP = 26580.9

SL2 = 26500.4
TP2 = 26903.0
SL1 = 26299.5
TP1 = 26984.7

TREND CONTINUATION-STRONG BUY

Overall Banking Trend is positive.

Below are overbought ones:-
INDUSINDBK
KOTAKBANK
SBIN

However, the reward to risk ratio is 144%

Expecting Bank NIfty to Continue uptrend. Better trade would be to SELL BN Put Options for 26500. or BUY BN CE 26600

NIFTY

TREND CONTINUATION- BUY

Nifty CMP 10813.9 , it is expected for a upmove
SL 2 = 10790.1
TP 2=10909.0
Sl 1 = 10660.6
TP 1 = 10886.6

However, the reward to risk ratio is 47%

Sell NIFTY PUT @10700
Buy NIFTY CALL @10900

Note: -Additional details are updated in the rupeeroom blog.

Disclaimer - I am no expert in Trading, the recommendation are based on statistical and trend analysis.

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Breadth is turning negative. Nifty Composition trend.
Buy = 1
neutral = 10
Sell = 16
Strong Buy = 12
Strong Sell = 7

Below are the high volume breakouts....but on overbought side.

AJANTPHARM
APOLLOHOSP
CIPLA
DRREDDY
HCLTECH
INFY
LUPIN
NIFTYIT
PAGEIND
PEL
SUNPHARMA
TATAELXSI
TCS
TORNTPHARM
WOCKPHARMA

we watchout for Pullback to enter long positions.

Oversold Ones
CONCOR
ITC
NTPC

expecting pullback in these ones,.

sell if levels broken
BHARTIARTL = 375.12
ESCORTS = 914.4
HDFC = 1832.03
IBULHSGFIN = 1186.72
IDEA = 60.38
MGL = 823.52
MRF = 75169.03
SYNDIBANK = 49.02
TVSMOTOR = 575.34

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

BANKNIFTY

NEUTRAL Signal (TREND REVERSAL-SELL) CMP = 26410.55
short term is negative but higher EMA 34 support is still intact.

SL1 = 26729.7
TP1 = 26330.8

Support @26326.17 is critical for the change in direction.

NIFTY

NEUTRAL (TREND CONTINUATION-STRONG BUY)

Nifty CMP 10814.65 , it is expected for a upmove
SL 2 = 10790.8
TP 2=10910.2
Sl 1 = 10671.4
TP 1 = 10905.0

NIFTY to be range bound, untill the support 10671.43 is broken on downside.
but NEGATIVE BIAS.

However, the reward to risk ratio is 63%

Note: -Additional details are updated in the rupeeroom blog.

Disclaimer - I am no expert in Trading, the recommendation are based on statistical and trend analysis.

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

BANKNIFTY

NEUTRAL (Bias Is Negative)
Short Term = TREND REVERSAL-SELL
Medium Term = STRONG BUY

CMP = 26386.25 if level = 26355.4, is broken then Sell.

TP 2 = 26309.6
SL 2 = 26692.8

Else Buy with
Sl 1 = 26309.6
TP 1 = 26692.8

NIFTY

Short Term = TREND CONTINUATION-CORRECTION
Medium Term = STRONG BUY

CMP = 10789.6

depending on the Reward to risk
TP 1 = 10914.6
SL 1 = 10684.0

Sl 2 = 10766.8
TP 2 = 10881.0

Note: -Additional details are updated in the rupeeroom blog.

Disclaimer - I am no expert in Trading, the recommendation are based on statistical and trend analysis.

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Nifty

Short Term = TREND CONTINUATION-SELL
Medium Term = CORRECTION

STOCH = Sell, MACD = BUY, Bollinger = BUY

for any short term bounce, below levels can be used.

CMP = 10789.6

SL1 = 10692.1
TP1 = 10810.8
TP2 = 10915.3

if weakness persist, then the levels will interchange for SL and TP
Bank Nifty - NEUTRAL (Bias Is Negative)

Short Term = TREND REVERSAL-STRONG SELL
Medium Term = CORRECTION

CMP = 26258.4

SL = 26377.4
TP1 = 26184.0
TP2 = 25813.7

All Individual Trades can be taken based on the Reward to Risk ratio.

FF - (SL - stop Loss, TP - Take Profit) - Based on the Average ratio.
BB - (SL - stop Loss, TP - Take Profit) - Based on the Bollinger Bands.

High Volume Breakouts

Buy
AJANTPHARM
APOLLOHOSP
BATAINDIA
CADILAHC
DRREDDY
JPASSOCIAT
KSCL
TORNTPHARM

Sell
MOTHERSUMI
CGPOWER

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Nifty - Buy (Positive Bias)

Short Term = TREND CONTINUATION-STRONG BUY
Medium Term = STRONG BUY

STOCH = Sell, MACD = BUY, Bollinger = BUY

CMP = 10790.6

SL1 = 10768.2
TP1 = 10880.6
TP2 = 10900.9

Bank Nifty - Buy (Bias Is POsitive)

Short Term = TREND CONTINUATION-STRONG BUY
Medium Term = STRONG BUY

CMP = 26597.5

SL = 26521.9/26427.3
TP1 = 26871.2
TP2 = 26899.8

(Attaching the BUY and SELL signals for 210 FO stocks)

All Individual Trades can be taken based on the Reward to Risk ratio.

FF - (SL - stop Loss, TP - Take Profit) - Based on the Average ratio.
BB - (SL - stop Loss, TP - Take Profit) - Based on the Bollinger Bands.

High Volume Breakouts

Buy
BATAINDIA-1M
CIPLA-1M
JPASSOCIAT-1M
KSCL-1M

Sell
INDIGO-1M
CGPOWER-1M

Disclaimer - I am no expert in Trading, the recommendation are based on statistical and trend analysis.[/u]

finserv_techguru · White Belt Joined: 22 Aug 2010 Posts: 12

Nifty - NEUTRAL (Negative Bias)

Short Term = TREND REVERSAL-SELL
Medium Term = STRONG BUY

STOCH = Sell, MACD = PENDING SELL, Bollinger = BUY

CMP = 10737.15

price expected to be within range = 10714.7 - 10887.6

Bank Nifty - NEUTRAL (Bias Is Negative)

Short Term = TREND CONTINUATION-STRONG BUY
Medium Term = STRONG BUY

CMP = 26597.5
Price expected to be range bound within 26396.4 - 26831.9

(Attaching the BUY and SELL signals for 210 FO stocks)

All Individual Trades can be taken based on the Reward to Risk ratio.

FF - (SL - stop Loss, TP - Take Profit) - Based on the Average ratio.
BB - (SL - stop Loss, TP - Take Profit) - Based on the Bollinger Bands.

Disclaimer - I am no expert in Trading, the recommendation are based on statistical and trend analysis.[/u]