Tips for traders and investors in the Indian Stock Markets for October 31 2014.

The immediate trend of the market will be determined in today’s session.

The intra-day traders may go long only if the Nifty trades above 8170 with stop loss at 8145 and book profit around 8200. However if it trades below 8138, then they may play it on the short side and book profits at around 8100.

The short-term traders may consider going long in L&T with stop loss at 1545.

The mid-term investors may consider adding LIC Housing Finance at 324.25, Federal Bank at 129.45 and Marico at 292.45 to their portfolio in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 30 2014.

The settlement day has finally arrived and we advise our followers to be on safer side although the bulls have taken the grip.

The intra-day traders may go long if the Nifty trades above 8080 with stop loss at 8065 and book profit around 8118. However if it trades below 8060, then they may play it on the short side and book profits at around 8035.

The short-term traders may consider going long in L&T with stop loss at 1545.

The mid-term investors and if it reverts from here on, then one may consider adding LIC Housing Finance at 324.25, Federal Bank at  129.45 and Marico at 292.45 to their portfolio in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 29 2014.

Although a closing above the key resistance of 7993 implies return of bulls but there being settlement of October F&O series on October 30 2014 we advise a word of caution.

The intra-day traders may go long if the Nifty trades above 8020 with stop loss at 8005 and book profit around 8045. However if it trades below 8000, then they may play it on the short side and book profits at around 7977.

The short-term traders may consider going long in L&T with stop loss at 1545.

The mid-term investors and if it reverts from here on, then one may consider adding LIC Housing Finance at 324.25 to their portfolio in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 28 2014.

We repeat that the market may become volatile on account of the impending settlement of October F&O series on October 30 2014. Moreover we are still not out of danger of slipping back into the grip of bears as the Nifty did slide back to below the critical resistance of 7993.

The intra-day traders may go long if the Nifty trades above 8034 with stop loss at 8013 and book profit around 8080. However if it trades below 8008, then they may play it on the short side and book profits at around 7946.

The short-term traders may consider going long in L&T with stop loss at 1545.

The mid-term investors and if it reverts from here on, then one may consider adding Marico at 292.45 & 265.60 & Federal Bank at 128.05 and 110.65 to their portfolio in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 27 2014.

The market is at a critical juncture coupled with impending settlement of October F&O series on account of which the benchmark index may become volatile. We still hold that unless and until the Nifty trades above the 8000 mark convincingly with good volumes this week, the market will continue to be in its short-term bearish trend.

The intra-day traders may go long if the Nifty trades above 8023 with stop loss at 7990 and book profit around 8040. However if it trades below 7980, then they may play it on the short side and book profits at around 7935.

The short-term traders may consider going long in Tata Motors with strict stop loss at 514.

The mid-term investors and if it reverts from here on, then one may consider adding Marico at 292.45 & 265.60 & Federal Bank at 128.05 and 110.65 to their portfolio in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

The Basis of Muhurat Trading & Top Picks.

In very ancient times the economy of India was primarily centred in village, each village being more or less a self sufficient unit as far as the needs and requirements of the days and times were concerned. There used to be a money lender at the centre of all human activities, both as a monitor and investor, with pawning and morality being the basis of security.

All the human activities from agriculture to trading goods and services thrived well and the system was more or less as perfect as modern Capitalism except for the problem of redistribution of Capital that still persists in the modern global world.

Money used to get accumulated at one place like Euro got accumulated in Germany during the Euro crisis and USD got accumulated in China in the severe financial crisis in USA. But the money lender, not being as big as the Wall Street Banks, which are believed to be too big to fail, had this tradition of reviewing his books as did all the other business men. For this purpose, the Books of Account were closed every year which mostly meant scanning the accounts and pruning the bad investments and also deciding which loans were to be carried over to next year’s books and which were to be written off. All the bad loans and bad investments were written off and booked as losses. Either the items pawned were sold or else the loans were simply forgiven if they happened to be due to nature’s fury. Only the knowledge of how and why the loans or investments went bad was carried over to ensure non-repetition of mistakes.

The day of closing of accounts and beginning of new year was and is celebrated as Diwali which marks the beginning of New Year for Gujarati, Marwari and other business communities in India. Since very ancient times, this day involves the closing of annual account books and opening of books for the next financial year. It has been considered as an auspicious day to start something new, mostly for fresh new investments.

The Indian year 2071 begins on October 24 2014 and in line with the age old tradition, the stock market will open today on October 23 2014 for 75 minutes from 6.15 pm to 7.30 pm for what is called Muhurat trading, where people make new small token investments for the auspicious value of the time.

We advise the followers of this blog to rid their portfolios of all the non-performing stocks in Muhurat trading and forget them as unfortunate losses by celebrating Diwali, the festival of lights, with their family, friends and relatives.

In addition to getting rid of the non-performers and loss makers, we recommend that they may initiate purchase of Marico Industries by placing bids at 292.45, 258.75 and 244.90 in small quantities.

The short-term traders may go long in Tata Motors with strict stop loss at 512.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 22 2014.

We remind the followers of this blog that the markets will remain closed on October 23 2014 & October 24 2014. However, the stock markets will open for trading on October 23 2014 in a special session for 75 minutes from 6.15 pm to 7.30 pm.

The intra-day traders may go long if the Nifty trades above 7898 with good volumes in which case they may book profit around 7929 or 7948. However if it trades below 7887, then they may play it on the short side and book profits at around 7850.

The short-term traders may add short positions if the index goes up to 7875 + levels with strict stop loss at 7993.

The mid-term investors may watch Tata Motors closely and if it reverts from here on, then one may consider exiting it to add more at sub 400 levels. They may consider selling 10% of their holdings in Maruti at 3176.75.

Tips for traders and investors in the Indian Stock Markets for October 21 2014.

The markets will remain closed on October 23 2014 & October 24 2014 resulting in reduced days of the October series of F&O and therefore on account of a truncated week the benchmark index may turn volatile with sharp ups and downs. Otherwise the Nifty will continue to be in its bearish mode.

The intra-day traders may go long if the Nifty trades above 7887 with good volumes and book profits around 7904. However if it trades below 7868, then they may play it on the short side and book profits at around 7835.

The short-term traders may add short positions if the index goes up with stop loss at 7993.

The mid-term investors may wait and watch.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 20 2014.

The benchmark index will continue in its short term bearish trend with supports at 7711 and 7524 and our view continues to be sell at every rise. However, at this juncture it may turn volatile with sharp ups and downs on account of a truncated week; the markets will remain closed on October 23 2014 & October 24 2014 resulting in reduced days of the October series of F&O. Moreover the muhurat trading on Diwali evening also is only too unpredictable. Hence one may trade with extreme caution from here on. The overall trend is weak as long as the resistance of 7993 is not conquered conclusively.

The intra-day traders may go long if the Nifty trades above 7798 with good volumes and book profits around 7828. However if it trades below 7760, then they may play it on the short side and book profits at around 7729.

The short-term traders may cover their shorts and book partial profits at around 7711. They may add short positions if the index goes up with stop loss at 7993.

We had been advocating the mid-term investors to rid their portfolio off of HCL Tech and Tata Motors and whoever followed our advice might have seen how exact we were in judging the fall in advance. There was a meltdown in both the counters in the previous session. We had seen it coming. They may now consider continuing placing bid for Bank of Baroda at 845.85, ITC at 338.25 and Lupin at 1235.25 in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 17 2014.

As we had been reiterating, we are well into a short term bearish trend with Nifty with supports at 7711 and 7524 and it has been a sell at every rise kind of market.

The intra-day traders may go long if the Nifty trades above 7734 in the initial hour of trade with good volumes and book profits around 7765. However if it trades below 7710, then they may play it on the short side and book profits at around 7690.

The short-term traders may ride their shorts and add more short positions if the index goes up with stop loss at 7900.

Mid-term investors may consider placing bid for Bank of Baroda at 845.85, ITC at 338.25 and Lupin at 1235.25 in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 16 2014.

The markets were closed on October 15 2014 on account of general elections.
The benchmark index is in the grip of bears and continues to be on dangerous ground and if the immediate support of 7800 gets compromised, then we are well into a longer bearish trend with Nifty heading towards the supports of 7784, 7711 and 7524.

The intra-day traders may go long if the Nifty trades above 7888 and book profits around 7910. However if it trades below 7856, then they may play it on the short side and book profits at around 7816.

The short-term traders may short the index at higher levels i.e. around 8000 with strict stop loss at 8028.

Mid-term investors may consider selling 10 % of their holdings in each of Tata Steel at 483.35, Maruti at 3021.60, L&T at 1545.25, ITC at 371.55 and HCL Tech at 1783.85.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 14 2014.

Inspite of the bounce back in the previous session, the benchmark index may be construed to be in the bearish phase with the upper bound at 8028. We reiterate that the nifty continues to be on dangerous ground and if the immediate support of 7820 gets compromised then we are well into a longer bearish trend with Nifty heading towards the supports of 7784, 7711 and 7524.

The intra-day traders may go long if the Nifty trades above 7892 and book profits around 7924. However if it trades below 7836, then they may play it on the short side and book profits at 7815.

For the short-term traders, the market has turned into a sell on every rise i.e. they may short the index with strict stop loss at 8028.

Mid-term investors may consider selling 10 % of their holdings in each of Tata Steel at 483.35, Maruti at 3021.60, L&T at 1545.25 and HCL Tech at 1822.25.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 13 2014.

As envisaged in our previous post, the bounce back of Thursday the 9^th was not convincing and the benchmark may be safely assumed to be in a bearish phase with the upper bound at 8028. The nifty is once again on dangerous ground and if the immediate support of 7820 gets compromised then we are well into a longer bearish trend with Nifty heading towards the supports of 7784, 7711 and 7524.

The intra-day traders may go long if the Nifty trades above 7878 mark and book profits around 7895. However if it trades below 7865, then they may play it on the short side and book profits at 7830.

For the short-term traders, the market has turned into a sell on every rise i.e. they may short the index with strict stop loss at 8028.

Mid-term investors may consider selling 10 % of their holdings in each of Tata Steel at 483.35, Maruti at 3021.60, L&T at 1545.25, ITC at 371.55 and HCL Tech at 1733.85.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 10 2014.

The bulls made an overbearing comeback in the previous session but we are not out of the woods unless and until the resistance of 8028 is conquered on a conclusive basis. However, it can safely be concluded that the intermediate bottom has been already made and the bulls will dominate as long as the support of 7888 holds in the immediate term.

The intra-day traders may go long if the Nifty trades above 7963 mark and book profits around 7990. However if it trades below 7931, then they may play it on the short side and book profits at 7888.

The short-term traders are advised to open fresh longs only if the index conquers the resistance of 8028 conclusively with good volumes. Otherwise they may short the index with strict stop loss at 8028. They may also consider going long in Tata Motors in case if it trades above 525 with strict stop loss at 523.35 and Bank of Baroda with stop loss at 860.

Mid-term investors may consider selling 10 % of their holdings in each of Tata Steel at 483.35, Maruti at 3021.60, L&T at 1545.25, ITC at 371.55 and HCL Tech at 1733.85. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 9 2014.

The benchmark index continued in its downslide towards the 7784 mark making new intermediate low before ending almost flat.

The intra-day traders may go long if the Nifty trades above 7856 mark for some time with stop loss at 7842 and book profits around 7888. However if it trades below 7835, then they may play it on the short side with stop loss at 7842 and book profits at 7815.

The short-term traders may open fresh shorts if Nifty goes up to above 7948 levels with stop loss at 8028. They may also consider going long in HDFC Bank at 860.60 with strict stop loss at 855.95.

Mid-term investors may consider buying Tata Steel at 446.10 and 426.70 and Tata Motors at 495.30 in small quantities.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 8 2014.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

The first support of 7899 was taken out easily in the previous session and the benchmark index kept on drifting downwards steadily, which indicates that the market is in the grip of bears and we are in an intermediate bearish trend which typically does not last for too long. The next support is at 7800 for today from where the Nifty must bounce back. However if 7800 support is breached today on concluding basis then one may expect a trend reversal, in which case one may expect the bearish trend to last a bit longer.

The intra-day traders may go long if the Nifty trades above 7880 mark for some time with good volumes and book profits around 7926. Otherwise, then they may play it on the short side and book profit at 7815.

The short-term traders may open fresh shorts in case of an upside with stop loss at 8038. They may also square off their short positions around the 7800/ 7784 mark.

Mid-term investors may stay on the sidelines today as the support of 7800 is a deciding point for the immediate future.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for October 7 2014.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

We are clearly in an intermediate short term bearish trend with the lower bound being at 7784. The first support is expected to be at 7899.

The intra-day traders may go long if the Nifty trades above 7961 mark for some time with good volumes and book profits around 7990. However if it trades below the 7944 mark for some time with good volumes, then they may play on the short side and book profit at 7929.

The short-term traders may open fresh shorts in case of an upside with stop loss at 8038.

Mid-term investors may consider selling 10% of their holdings in each of HDFC Bank at 899.90 and HCL Tech at 1801.45. They may also consider adding Coal India at 347.55.

Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.