Fundamental Vs. Technical Analysis

The Following Article will give more clarity in term either you are Investor or Trader Or Trader turned Investor after your stock goes 10% from your  buying Price
Technical analysis and fundamental analysis are the two main schools of thought in the financial markets. As we’ve mentioned,
Technical analysis looks at the price movement of a security and uses this data to predict its future price movements.
Fundamental analysis, on the other hand, looks at economic factors, known as fundamentals.
Let’s get into the details of how these two approaches differ, the criticisms against …
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Nifty Technical Analysis for Week Starting 30 August

Even though Nifty corrected severely in the week gone by, it is yet to break the previous bottom of 5372 as shown in the daily chart below. The view will turn bearish only if 5372 is breached decisively.
Nifty Daily Charts with Fibo Levels
Move from the bottom of 4786 to the top of 5550. The 38.2%, 50% and 61.8% retracement levels of this up move are
placed at 5258, 5168 and 5078 respectively and will serve as the support levels on the downside.As shown in Charts
Nifty Option Open Interest Charts
If we see …
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Technical Calls FDC,Hero Honda,Orient Ceramics,IGL

Indraprastha Gas Limited
IGL has been moving is moving in a channel  and taking  support at lower channel as shown in chart. STOC is showing a positive divergence and stock can move upwards and move to upper channel on daily charts.

Buy above 333 Tgt 337 and 341 Sl 324.

Orient Ceramics and Industries Limited
Orient Ceramics has been in a bull market from a rally of 50 to 98 and is trading at all time highs.Stock is trading at PE of 6 and gave a good results.Volumes are on higher side and …
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Nifty and Reliance next move?

Nifty Daily Chart
As can be seen from Nifty’s Daily Chart 20 DMA has been a strong support in past 3 months and now again we are at the crucial juncture of 20 DMA.
If 20 DMA is held we are in for a new high and if not we can move down till 50 DMA at 5350 levels.
Will it Support this time remains a question which will be unfolded in coming few trading sessions?
RELIANCE
Taking support at rs 960 and if held for few more trading sessions can lead a rally upto …
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Volatility and Why VIX Signals Work

What is the VIX?
The VIX is a measurement of the implied volatility of the at the money Index Options.
The VIX Measures FEAR
High VIX readings mean that fear is also high, whereas low VIX readings mean that fear is low. Backtesting various VIX reversal signals has proven that the VIX can be used to predict market direction about 60 to 70% of the time, the more VIX signals the better. What this means is that when the VIX  is at an extreme (meaning everyone thinks the market will continue in …
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Technical Calls of Atul,Navin Fluorine and MSP Steel

Atul Industries

Atul after rising for few days in a row on back of good results made a high of rs 140 and after that cooled off and now taking support at 5 EMA as u can see in chart many times it took support at that EMA.
As per the chart we can intiate longs for a 5-10% upmove

Buy between 125-128 Tgt 133,138 and 141

Navin Fluorine International Limited
Navin made aHigh of 313 and than cooled off as lot of seeling pressure was coming in 310+ range.Volumes above 311 can propel this …
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Breakout Trades:West Coast Paper,Ansal Buildwell

Ansal Buildwell
Break Above Trendline Resistance with an expansion in volumes and MACD giving positive sings.
Buy above 86 Tgt 88 90.5 and 94

Aftek Limited
Aftek is near its resistance of 100 DMA,refer chart today volumes were extremly good in the counter and break above 100 DMA can propel stock to its 200 DMA.
Buy above 14.2 Tgt 14.57,15.13 and 15.5

West Coast Paper
Stock gave a breakout today and can give some quick moves till 110.
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Nifty Weekly Technical View for Week Starting 24 August

Markets finally broke out of the range and ended the week on very ‘Positive’ note, with NIFTY gaining 1.44% or 79 points or over the week. NIFTY is now hovering around 30 months high. In the coming week, Expiry of AUG contracts in F&O and resurfacing of Economic concerns in global arena are likely to induce volatility in already over-leveraged markets. Roll-overs to SEPT series would indicate the Trend in near term. FII’s support had been robust so far with they having bought Indian equities worth a net Rs 7029 …
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Weekly Technical Calls on Financial Technology,IRB Infra,NELCO,Crest Animation and Varun Industries

CREST ANIMATION
Crest Animation is having its Borad Meeting on 23 August and if we get some positive news we can accept another 10% upper Freeze.
Technically Speaking as shown in charts stock is news its medium term resistance trend line and MACD is giving a cross over making a case of bullish move.

Buy above 99.2 Tgt 101.6,104 and 107

NELCO Limited
NELCO took support at its 200 DMA for almost 6 trading sessions and than after consolidating and made a up move on Friday and stopped at its short term trendline resistanct at …
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Short Term Trading Calls on TTK Prestige,JBF Industries,Jindal Steel,REI Agro and Radaan Media

TTK Prestige

TTK Healthcare is forming a ascending triangle formation which is having a positive significance in short term, Stock is taking support at 50 SMA from where it has started its rally as shown in the Chart.
Positive divergence in MFI index is giving sign of accumulation in the counter.

Buy above 942 tgt 952 and 962 and 986

Sell below 922 tgt 913 and 902

JBF Industries
Stock stuck in a trading range and gave a breakout today but we need to see a follow up actions how it reacts tommrow.
Buy only above …
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Technicals on Suven Life,Ajmera Reality,On Mobile,Tantia Construction

Ajmera Reality 

Ajmera Reality is making swing highs at Rs 235 in 3 days in a row as shown in charts.
Break above that levels will see moving to new highs

Buy above 235 Tgt 242 and 255

On Mobile Global

On Mobile is seeing a golden cross over formation with 5 EMA moving above 50 SMA . Stock has formed a range and is moving above it with a break of volumes. Stock looks for a good buy in medium term

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Technicals on Sesa Goa,Remi Metals,Wock Pharma and Area T&D

AREVA T&D Limited

AREVA is stuck in a trading range of 287-296 from past many trading sessions with a low volume and trade should only be intiated only after break up and break down of the range.
MACD is showing positive move coupled with RSI trading above 60.
Buy above 297 Tgt 297 and 302.5
Sell below 287 Tgt 285 and 281

WOCKHARDT  LIMITED


WOCK Pharma made a move of 18% on huge volumes but interesting point to note is the way the Stock stopped exact at its triple top resistance of rs 191 as …
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Nifty Weekly Technical for Week 16 August

After surging to fresh 52 week high of 5,492.30 on very first day of week Nifty witnessed a sharp sell off on Tuesday and Wednesday on the back of global sell-off. However on Thursday and Friday it managed to recover from week low of 5,372.45 and finally closed at 5,452.10 gained 0.23% w-o-w.
Nifty has taken support at 20 DMA in the correction which came at Tuesday and Wednesday.
On Daily Chart we are forming an ascending triangle formation which is having positive implication as it is …
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Technical Calls on DLF,Bombay Dyeing,Century Textile and Hero Honda

DLF Limited

DLF once it start trading above its 200 DMA ie. can see some quick moves.MACD is showing positive moves and RSI has again moved above 50.
Buy above 324 Tgt 326,329.2 and 334

HERO HONDA

Hero Honda is facing resistance at trend line from Highs and Swings highs as mentioned in charts.
Buy above 1900 Tgt 1915 and 1931 SL 1875
Century Textile


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Trading Options :Covered call strategy

Option can be used to Reduce the Stock which you have bought at Higher levels during Bull Phase or in an event of extreme exuberance.
This Strategy will work for Stocks which are in Future and Options. AS of today there are 203 Stocks which are Listed in F&O space in Indian Stock Market..

The technique to reduce the acquisition cost is popularly known as a covered call strategy.

It involves selling higher strike price call option of the stock you hold.
Lets give me a Clear Picture of Covered Call Strategy with a …
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Technical Calls on Glenmark Pharma,Reliance Ind. Infra and India Bulls Real Estate

Glenmark Pharma

Glenmark Pharma facing resistance at 50 SMA @272 and taking support at 200 SMA@262.
Buy above 272 Tgt 275,278 and 283


India Bulls Real Estate
Stock forming Double top at 190 and break above that can see some quick moves


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Technical calls Parek Aluminium,JB Chemicals,Jai Balaji Industries

PARAL
Parekh Aluminium posted a good numbers and Buying Momentum is back in the Stock.Stock is poised to open around its 52 Week high.Technical Indicators Suggest follow up buying can come and some more steam is left in the Rally
Buy above 346 Tgt 359 and 380

J B Chemicals
JB Chemicals is stuck in a trading range between Rs 97 to 105 Any Break above this range can see stock showing some quick moves.Volumes are on Higher side making a case of break of the range.
Buy above 106 Tgt 108.5 and 112 …
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Technical Calls on Rain Commodity,DCM Limited,Aries Agro and Ratnamani Metals

Rain Commodities Limited
Rain Commodities after today huge up move is trading near its 200 EMA @ Rs 168 and if it continue to remains to continue with its upmove it can move till 200 MA at 178.
Buy around 160-163 Tgt 168,173 and 178
DCM Limited — Will this stock be Sell on News
DCM Limited has show almost 80% move from the rally started from 60 odd levels,and today came the Land Bank Story which made stock to rally and move up to 20% UC on huge volumes.
If we see …
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Nifty,BEML,Educomp,Moser Baer,Hindustan Dorr Technical Calls

Nifty is doing nothing in past few trading sessions and is slowly and slowly grinding upwards with a positive bias. Support is at 20 DMA which is at 5411 Levels break below that we can see downward bias on Nifty.VIX has closed at all time low and Bollinger Band has contracted almost 70%.Hence we can see some wild moves in Nifty in coming days.
Support @ 5415,5380 and  5355
Resistance@5463,5504 and 5555

BEML
BEML  is having major Hurdel at 200 MA as can be easily pointed in the chart. BEML tried to cross 3 …
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How to Set Profit Targets in Trading

Once you are in a trade the next you plan to exit: How and when do you get out of the trade at a profit? Setting targets has to be one of the most important elements of your trading strategy.

Targets can be of 3 types
Time-based—I will hold my Positions for a X amount of time Say 1 week depending on the type of trader/Investor.
Technically-based – You get your targets technically set up. You can use Pivots, Exponetioanl Moving Average, and MA or based on your trading system.
Price/Profit-based –I’ll get …

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Technical Calls on ABAN offshore,BF utility and Ahmednagar Forging

ABAN Offshore
Aban Offshore is near its long term trend line and qualifies for a short term buy if it is able to break the trend line resistance of 915 on upside.Volumes are on higher side and RSI indicator showing strength which is trading above 50

Buy above 915 Tgt 924 and 936( 943 which is 100 DMA resistance in immediate term)

Ahmednagar Forging
Ahmednagar Forging is stuck in trading range of Rs 119-141 as shown in charts .Last trading sessions touched the higher end of trading range on an expanded volumes as compared to last …
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THE SHIFT TO MENTAL ANALYSIS

Article from “Trading in the zone” by Mark Douglas
If technical analysis works so well, why would more and more of the trading community shift their focus from technical analysis of the market to mental analysis of themselves, meaning their own individual trading psychology?
The most likely reason is that you’re dissatisfied with the difference between what you perceive as the unlimited potential to make money and what you end up with on the bottom line. That’s the problem with technical analysis, if you want to call it a problem. Once you …
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Trading Calls on Kalyani Forge,HZL,Rcom,Hanung Toys

Kalyani Forge
Kalyani Forge has made a move of 36% in 2 days on a stupendous volumes.But if you see the chart closely you can see that Stock stopped just at Rs 246 where it had a resistance previously.Now Stock has made a double top and looks like it will take a breather before making its next move.

Short Kalyani Forge around 246 levels Tgt 236 and 224 Keep Sl of 251

Hindustan Zinc

Trend Transition – When a stock reverses the trend either up or down by crossing over …
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Technical Analysis of BHEL,Batilboi and Atlanta Limited

ATLANTA Limited
Atlanta Limited is range bound move betweeen  Rs 317-340 and made a new 52 weeks high today on rising volumes,but unable to sustain at higher levels.
Break above Rs 340 we can see a good move of 10-20 rs in matter of few trading sessions.RSI is above 50 levels indicating Strength in the counter and if market remians stable stock can see a good move above rs 340
Buy above Rs 340 Tgt 346,352 and 362


BHEL

BHEL is forming a chart pattern of contracting triangle waiting to break on either …
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Technical Analysis Nifty,Andrew Yule,BASF Limited and ACC

Nifty Technical for Week Starting 2 August
Nifty Closed the Last week in red loosing 131 Points and taking support on 5 Week EMA on weekly charts as i have pointed in the chart above.5350 Levels on Nifty has proved to be a good support in past few trading sessions and a break and sustained below it i except a 100 points on Nifty whereas if we are able to cross 5415 in Nifty than we can accept a new highs in offing.
Nifty Support for coming week:5350,5318,5269 and 5225
Nifty Resistance for …
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