August 18, 2017

Market outlook

Daily chart
- trend is up on daily charts
- today, NF opened gap down, tested 9800 and closed near open
- close was 0.7% negative, AD was 1:2 (not bad)
- damage in midcaps/ small caps was not much (less than nifty)
- hammer pattern formed (unreliable in present context)
- next week, holding above 9880 will be bullish
- swing low support 9700

August 17, 2017

Discountinuing Stock watch posts

100+ posts in 25 days... no response or comments... might as well as have been posting to a dead world.

I can also sense limited utility as most people would like to be told when a breakout happens instead of telling them a level and letting them figure out when the breakout happens.

Will think of something else.

NIFTY Option Open Interest analysis

Option writers expect
- 9800 to hold
- 10000 to be crossed
- but limited upsides thereafter (???)

Let's see

Swing trading signals :: 17-AUG-2017

Swing trading signals :: 17-AUG-2017

  • This report is for educational purposes only and is not recommended for trading or investment.
  • Liquidity filter: ||||| excellent liquidity - ||||| good liquidity - ||||| low liquidity.


Stock nameClosePercentage ChangeSignalReversal
Level/ SL
Last Month's
1 day20 daysHighLow
||||| ATULAUTO456.954.50%8.00%BUY401.00442401
||||| BEML1858.858.00%20.50%BUY1422.4517301504
||||| BLUESTARCO739.155.00%11.00%BUY620.00712587
||||| CENTRALBK72.05-3.00%-22.50%SELL93.8010086
||||| FLFL345.407.00%9.00%BUY308.00331299
||||| GRAPHITE270.2010.50%52.50%BUY178.50208165
||||| HEXAWARE278.255.00%12.00%BUY239.40265236
||||| HINDZINC294.801.00%4.50%BUY267.50286263
||||| INOXWIND107.30-3.00%-25.50%SELL146.55168126
||||| MOTILALOFS1196.008.00%10.50%BUY1025.2511661025
||||| PANAMAPET214.359.00%36.50%BUY154.10188143
||||| PENIND58.704.00%8.50%BUY46.705852
||||| SANOFI4097.650.00%-2.50%SELL4361.0043504132
||||| SELAN175.908.00%2.00%BUY156.60176156
||||| SUNFLAG48.854.00%3.00%BUY42.054836
||||| VTL1141.40-1.00%-3.00%SELL1248.0012431128

Market outlook

Daily charts
- trend is up on daily charts
- today, NF traded in small range and closed flat
- AD was marginally positive
- formation of higher high higher low still intact (3rd day)
- swing low support 9700
- expecting resistance around 10000

August 16, 2017

Stock watch: AMBUJACEM

- trend is up
- stock gave most recent buy in JUL
- support 260-245
- all time high is 280 approx



Stock watch: ADANIPORTS

- trend is up on daily charts
- SL 375-360
- stock is trading near all time highs

Stock watch: ACC

- trend is up
- stock trading near all time highs
- support 1700-1560

Stock watch: ABB

- trailing SL hit in AUG
- now buy above level is 1510

Market outlook

Daily charts
- trend is up on daily charts
- today NF closed 1.1% in positive
- AD was 2:1
- resistance around 10000
- swing low is now increased to 9700
- weekly close below this will confirm trend reversal