September 26, 2017

Stock watch: TATASTEEL

- trend is down
- on monthly charts, stock has strong res at 700 levels
- this level is 2010-2011 highs
- stock has gained 60% this year



Stock watch: TATAPOWER

- trend is up
- but stock is trading in a big range
- and has barely gained 5% this year
- support 76 (this year's low)
- resistance 86

Stock watch: TATAMOTORS

- trend is down
- next support 360
- deep support 285 levels

Market outlook

Daily charts
- trend is up
- today, NF traded in small range and closed flat
- AD was 2:1
- swing low support at 9700

Why small businessmen in Gujarat are quitting industry and turning to financial speculation

When key industrial sectors such as textiles, metal products, automobiles and chemicals suffer a slowdown, small enterprises supplying to them also struggle. A slowdown in demand is not the only factor weighing them down, though. Take Surat. The textile cluster is under pressure from Chinese imports and the entry of larger companies, both of which are putting margins under pressure. This feeling of insecurity has been exacerbated by demonetisation and the GST, resulting in many units shutting down.

Why is business profitability falling? The fundamental problem  is lack of growth in domestic demand. This has created an outcome where, according to S Ananth, a researcher based in Vijayawada who studies India’s financial markets, companies are sitting on unused capacity, margins are falling and profits are under pressure.

The fallout? Even large companies, said Vipparthi, are investing in financial instruments. Investments in the stock market, directly and through mutual funds, are giving annual returns above 20%, he said. In contrast, industries are generating returns of about 11% and debt instruments such as bonds and debentures are yielding around 6%-7%.

Read more at https://scroll.in/article/851343/why-small-businessmen-in-gujarat-are-leaving-industry-for-financial-speculation

September 25, 2017

The Economy needs a Booster Shot

Wild move in INFIBEAM

- stock is in F&O
- stock tanked from 145 to 90 before recovering
- at one time move was 10% in every 5 min
- this happened for 20-30 minutes

Stock watch: SUNTV

- trend is down
- stock has strong resistance near 855-900



Stock watch: SUNPHARMA

- trend is down
- stock has lost 20% this year
- buy above level is 600
- stock has just bounced off near 3 year lows

Swing trading signals :: 25-SEP-2017

Swing trading signals :: 25-SEP-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
||||| AEGISCHEM231.153.50%25.00%BUY181.95196170
||||| ALKEM1845.552.00%3.50%BUY1734.0018951578
||||| AMARAJABAT737.90-4.00%-4.00%SELL807.00851750
||||| ANANTRAJ54.15-4.50%-4.00%SELL64.006449
||||| APTECHT280.60-3.00%-7.00%SELL326.40326195
||||| AUROPHARMA700.85-3.00%-5.50%SELL776.00750665
||||| BALAJITELE154.60-2.50%-9.00%SELL174.30178144
||||| BALMLAWRIE221.90-2.00%-7.00%SELL249.00255220
||||| BAYERCROP3951.60-0.50%-3.00%SELL4299.0046953901
||||| BEML1673.95-2.50%-6.00%SELL1947.0019191422
||||| BIRLAMONEY85.40-4.50%-4.00%SELL106.1012281
||||| BOSCHLTD21172.55-1.50%-3.00%SELL23211.902518021400
||||| CASTROLIND365.30-2.50%-4.50%SELL399.80404372
||||| CHAMBLFERT137.90-6.00%-7.00%SELL156.40151117
||||| CHENNPETRO409.55-1.00%-1.50%SELL467.00450364
||||| CHOLAFIN1096.75-3.50%-5.00%SELL1200.4512201109
||||| COFFEEDAY212.25-7.50%-13.00%SELL255.25251231
||||| COLPAL1084.85-1.00%-1.00%SELL1178.3511191028
||||| CRISIL1816.05-1.50%-3.50%SELL1920.0018971785
||||| CROMPTON207.05-1.50%-5.50%SELL226.95232211
||||| DBREALTY35.25-2.50%-4.50%SELL42.404532
||||| DREDGECORP558.15-3.00%-6.00%SELL629.45639542
||||| GESHIP380.850.00%-2.50%SELL429.50402361
||||| GHCL212.40-3.00%-7.00%SELL246.00246218
||||| GICHSGFIN500.15-4.00%-7.00%SELL557.80549466
||||| GMRINFRA16.45-1.50%-5.50%SELL18.551915
||||| GODFRYPHLP964.85-5.00%-8.00%SELL1085.001140830
||||| GRANULES119.55-2.00%-8.00%SELL135.90139101
||||| GSKCONS4952.25-0.50%-7.50%SELL5450.0056005251
||||| GUJFLUORO687.60-2.00%-6.50%SELL751.90825698
||||| GVKPIL11.40-1.50%-6.00%SELL12.851411
||||| HCC33.10-5.00%-4.50%SELL38.954233
||||| HEXAWARE264.95-1.00%-3.00%SELL284.20282242
||||| ICICIPRULI388.90-3.50%-9.50%SELL451.25459402
||||| IDBI53.15-1.50%-5.00%SELL58.006150
||||| IDEA76.05-2.50%-15.00%SELL91.459585
||||| IL&FSTRANS72.45-3.00%-13.00%SELL83.409373
||||| INDIACEM167.50-4.50%-7.00%SELL198.00208168
||||| INDIANB264.30-2.50%-10.00%SELL296.75316263
||||| INFIBEAM119.85-16.00%-17.00%SELL160.15156125
||||| INOXWIND112.75-3.00%-13.50%SELL137.60141105
||||| IOC399.00-2.00%-9.00%SELL462.95463366
||||| ITC262.25-2.00%-7.00%SELL284.35290270
||||| JPINFRATEC12.85-4.50%-17.50%SELL18.802314
||||| JSWSTEEL236.85-4.00%-3.00%SELL271.80260215
||||| KANSAINER464.85-2.50%-1.50%SELL530.00530427
||||| KOPRAN67.85-5.50%-5.50%SELL80.558465
||||| KRIDHANINF79.75-4.00%-6.00%SELL96.409675
||||| KSL402.45-3.50%-3.50%SELL438.45465390
||||| KTKBANK147.25-3.00%-3.00%SELL164.40156133
||||| M&M1260.00-2.00%-8.00%SELL1388.5514341333
||||| M&MFIN403.80-1.50%-3.00%SELL455.55435386
||||| MAGMA162.85-5.00%-7.00%SELL192.00186165
||||| MAHSEAMLES396.95-3.00%-6.00%SELL460.00431375
||||| MAITHANALL483.00-2.00%-3.00%SELL551.05551402
||||| MANALIPETC32.75-3.50%-1.00%SELL38.453730
||||| MANINFRA59.40-3.50%-5.50%SELL71.206859
||||| MASTEK279.20-2.00%-5.50%SELL314.70311231
||||| MERCATOR37.10-4.50%-9.00%SELL44.654537
||||| MHRIL339.60-3.00%-6.50%SELL377.90410338
||||| MRPL123.25-3.00%-3.50%SELL143.55141114
||||| NATHBIOGEN373.25-2.50%-0.50%SELL458.90422306
||||| NCC83.50-1.50%-3.00%SELL93.209276
||||| NEULANDLAB990.25-4.00%-19.00%SELL1425.0014691192
||||| NHPC27.15-2.50%-7.00%SELL29.503129
||||| NLCINDIA90.00-1.50%-2.00%SELL104.0010391
||||| NMDC120.50-1.00%-1.50%SELL138.50130116
||||| PARAGMILK230.50-3.50%-6.00%SELL262.10262220
||||| PCJEWELLER335.45-1.50%-5.00%SELL370.35396250
||||| PHOENIXLTD472.20-3.00%-9.50%SELL530.00553468
||||| PIDILITIND805.65-1.00%-3.50%SELL868.45844775
||||| PNBHOUSING1513.55-3.00%-4.50%SELL1717.6517181427
||||| PRESTIGE251.20-5.00%-4.50%SELL284.80277241
||||| RAMCOIND237.45-4.00%-10.00%SELL291.60276218
||||| RBL1136.45-5.00%-3.50%SELL1348.0013621124
||||| SELAN180.65-3.00%-9.50%SELL210.00207157
||||| SHILPI19.80-4.50%-23.50%SELL26.603523
||||| SHOPERSTOP500.4019.50%40.50%BUY350.10372325
||||| SMLISUZU889.15-3.00%-9.50%SELL998.801135903
||||| SPECIALITY109.75-3.50%-5.50%SELL130.80128109
||||| SPTL92.00-3.50%-16.00%SELL111.35136101
||||| TATAELXSI813.20-4.00%-2.50%SELL921.70880791
||||| THERMAX845.80-3.50%-5.50%SELL969.80935852
||||| UBL857.856.00%4.50%BUY775.25859779
||||| ULTRACEMCO3901.80-2.00%-2.00%SELL4244.0041393842
||||| WABAG598.60-3.00%-1.00%SELL650.00653591
||||| WELCORP124.65-3.50%-8.50%SELL146.00141105