July 28, 2017

Stock watch: LT

- stock is trending up
- good support formed around 1100 levels
- all time high is around 1250

Stock watch: LICHSGFIN

- stock has hit SL for long trade (buy was in March)
- this can be a whipsaw ... let's see
- holding above 762 can be bullish



Stock watch: KOTAKBANK

- stock is trending up
- support 936
- stock is near lifetime highs

Stock watch: JSWSTEEL

- trend is up
- recently stock broke out from range
- but nothing much has happened
- support 205-185
- stock is near all time highs

BANK NIFTY weekly charts

- trend is up
- support 23000
- deep support 20300

NIFTY weekly charts

- trend is up on weekly charts
- support 9700-9400
- deep support 9000
- no correction in rally from 7800 to 10000 levels

Market outlook

Daily charts
- trend is up on daily charts
- AD was flat
- support 9700
- swing low 9400

NIFTY 10 year CAGR is 10%

NIFTY @10000 does not mean anything... the CAGR is barely 10% only.

For a 20% CAGR, NIFTY should rally to 25000 in 5 years.




Warren Buffet: retail should invest in index funds

Warren Buffett Index Funds

Remember my posts on investing in NIFTYBEES in all the previous years?

Nifty has Possibility to Decline Towards 9956-9859 in Coming Days – Elliott Wave Analysis

Nifty opened higher at 10063 and bounced further to register day’s high 10114 but failed to sustain at higher levels and declined back by more than 100 points from high to register day’s low 10005 before closing flat at 10020.

Yesterday, I mentioned that some sort of Impulse is about to completed may be around 10070-10111 range and a small or big correction is expected very soon after completion of this impulse. And suggested to book profit in all longs and wait for any reversal pattern to form to initiate next trade. Nifty achieved 10070-10111 range and declined back by more than 100 points after registering high 10114. Let’s have a fresh look at latest charts for further scenario.

Read more at http://sweeglu.com/nifty-has-possibility-to-decline-towards-9956-9859-in-coming-days-elliott-wave-analysis/

July 27, 2017

Stock watch: ITC

- trend is down
- recently stock tanked 12% and created a big gap
- support 260

Stock watch: IOC

- trend is down
- good support around 360-365
- below this, expect more declines
- sustaining above 400 is bullish

Stock watch : INFOSYS

- stock is rangebound for past few months
- some few signals which came all failed
- resistance 1010-1080
- support 900 (multi week low)

Stock watch: INFRATEL

- trend is up
- support 389
- SL 360
- strong resistance 440 levels



Market outlook

Daily charts
- trend is up on daily charts
- today, markets open positive but closed flat
- AD was 1:3 showing selling at higher levels
- support 9700
- swing low 9400

First short trade this month (intraday)

July 26, 2017

Swing trading signals :: 26-JUL-2017

Swing trading signals :: 26-JUL-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
||||| ADANIPOWER34.955.00%23.50%BUY28.103026
||||| AIAENG1461.352.00%7.50%BUY1342.6014981322
||||| BAJFINANCE1687.153.50%22.50%BUY1352.5014331314
||||| BASF1543.25-1.50%-3.50%SELL1812.4018121338
||||| BHUSANSTL74.8014.00%13.00%BUY60.008451
||||| CENTURYTEX1184.452.00%7.00%BUY1088.0511481013
||||| DEEPAKFERT355.3012.50%31.50%BUY266.50284247
||||| EDELWEISS205.352.50%8.50%BUY188.25215172
||||| EROSMEDIA242.5510.50%12.50%BUY208.30258211
||||| GET&D394.0019.50%16.50%BUY317.00362328
||||| GSFC136.004.50%15.50%BUY113.65136112
||||| GSPL185.101.00%6.50%BUY164.50181156
||||| GUJALKALI412.954.50%6.50%BUY378.00427383
||||| HINDCOPPER70.156.00%11.50%BUY63.506762
||||| HONDAPOWER1465.607.50%9.50%BUY1315.0014151321
||||| IBREALEST224.302.00%9.00%BUY194.35218163
||||| ICICIBANK310.352.00%6.50%BUY287.50297283
||||| IL&FSTRANS92.55-0.50%-2.00%SELL103.7510593
||||| JINDALSTEL151.708.00%27.00%BUY119.80129116
||||| M&M1413.501.50%4.00%BUY1343.0014591345
||||| MERCK1291.856.00%20.50%BUY1041.0011251041
||||| MMTC61.706.50%9.00%BUY56.456555
||||| MOIL338.301.50%5.50%BUY317.05352313
||||| NIFTYBEES1028.620.00%5.50%BUY968.20994968
||||| NOCIL132.752.50%17.50%BUY110.65123103
||||| PNBGILTS54.803.00%10.00%BUY48.605347
||||| SIEMENS1385.151.00%7.00%BUY1290.0013961277
||||| SKIPPER237.654.00%21.00%BUY195.10210189
||||| SOUTHBANK30.503.00%10.50%BUY27.203027
||||| SPARC360.559.00%22.50%BUY293.00315292
||||| TATAINVEST852.002.00%19.50%BUY704.00789656
||||| TBZ106.055.00%24.50%BUY84.0010184
||||| THANGAMAYL308.006.00%29.50%BUY230.00269229
||||| UNIVCABLES123.3510.00%33.50%BUY92.0010092
||||| VEDL280.952.00%15.50%BUY244.50253226
||||| VGUARD189.304.50%8.00%BUY171.00194171
||||| VSTIND3190.65-1.00%-3.00%SELL3875.0036503071
||||| WABCOINDIA5321.20-0.50%-4.00%SELL5750.0058755440
||||| YESBANK1711.955.50%18.00%BUY1425.0015321402

Stock watch: INDUSINDBK

- trend is up
- stock at all time highs
- SL 1460

Stock watch: INDIGO

- trend is up
- support 1100
- SL for next month 1150

Stock watch: IDEA

- stock is in uptrend
- support 76
- strong resistance around 104-105 levels



Stockwatch: ICICIPRULI

- recent new listing
- stock has given buy signal at 340 and is a hold right now
- support 420... SL 380

Market outlook

Daily charts
- trend is up on daily charts
- today, NF closed 0.6% in positive
- AD was flat (why?)
- support 9700 (swing low 9400)

July 25, 2017

Stock watch: ICICIBANK

- trend is up
- support 280
- stock resistance 360 levels

Stock watch: IBULHSGFIN

- stock is bullish from 800 levels
- still a buy
- support 1030
- stock at all time highs



Stock watch: HINDZINC

- trend is up
- stock has recovered from last 10 month's lows
- resistance 300-330



Signals today

Market outlook

Daily charts
- trend is up on daily charts
- today, NF spot hit 10000 - a new high
- trading range was small and NF closed flat
- AD was negative - VIX down 2%

Warren Buffet: Big opportunities in life have to be seized

“Big opportunities in life have to be seized. We don’t do very many things, but when we get the chance to do something that’s right and big, we’ve got to do it. And even to do it in a small scale is just as big of a mistake almost as not doing it at all. I mean, you really got to grab them when they come. Because you’re not going to get 500 great opportunities.

You would be better off if… you got a punch card with 20 punches on it. And every financial decision you made you used up a punch. You’d get very rich, because you’d think through very hard each one. I mean if you went to a cocktail party and somebody talked about a company and they didn’t even understand what they did or couldn’t pronounce the name but they made some money last week in another one like it, you wouldn’t buy it if you only had 20 punches on that card.

There’s a temptation to dabble – particularly during bull markets – and in stocks it’s so easy. It’s easier now than ever because you can do it online. You know you just click it in and maybe it goes up a point and you get excited about that and you buy another one the next day and so on. You can’t make any money over time doing that.

But if you had a punch card with only 20 punches, and you weren’t going to get another one the rest of your life, you would think a long time before every investment decision– and you would make good ones and you’d make big ones. And you probably wouldn’t even use all 20 punches in your lifetime. But you wouldn’t need to.”

Nifty-50 PE Ratio and Investment Returns


Nifty PE Ratio Returns 2017

NIFTY PE chart

Allocation matters in any portfolio


You can get even better results if you
- add more of winners
- cut losers fast
- and results will be even more dramatic.


July 24, 2017

Swing trading signals :: 24-JUL-2017

Swing trading signals :: 24-JUL-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
||||| ADANIPORTS388.451.50%6.00%BUY359.50378338
||||| ADANITRANS131.601.50%10.50%BUY118.00137108
||||| ADFFOODS240.70-1.00%-6.50%SELL270.90316242
||||| AJANTPHARM1441.60-1.50%-4.50%SELL1574.8516301506
||||| ALBK75.654.50%8.50%BUY65.807466
||||| ANDHRABANK58.603.00%5.00%BUY52.406152
||||| BANKBEES2476.400.50%4.00%BUY2329.5024242330
||||| BANKINDIA159.803.00%19.00%BUY127.55148128
||||| BAYERCROP4678.651.00%1.00%BUY4570.0050704500
||||| BEML1649.953.50%7.00%BUY1425.5515701210
||||| CYIENT544.252.00%5.50%BUY503.15552481
||||| FEL40.003.00%23.00%BUY31.003828
||||| GICHSGFIN538.85-3.00%-5.00%SELL583.95623529
||||| GNFC302.952.50%11.00%BUY259.20310259
||||| HDFCBANK1735.101.50%3.00%BUY1643.0017161621
||||| HINDOILEXP78.854.00%13.50%BUY67.257667
||||| IBREALEST215.900.50%5.50%BUY194.35218163
||||| IBVENTURES196.758.50%6.50%BUY158.70199146
||||| JINDALSAW96.953.00%18.00%BUY81.009272
||||| JPINFRATEC23.404.50%87.50%BUY14.252010
||||| MANINFRA70.157.00%21.00%BUY56.406456
||||| MCX1165.553.00%7.50%BUY1047.001135990
||||| NIFTYBEES1023.860.50%4.00%BUY968.20994968
||||| NILAINFRA20.504.00%16.00%BUY16.651817
||||| PERSISTENT634.50-3.50%-3.50%SELL695.00692584
||||| PETRONET202.55-1.00%-7.50%SELL223.45227212
||||| PGHH8229.051.50%2.00%BUY7944.8081677460
||||| PIIND751.65-1.00%-7.00%SELL845.00857801
||||| PNB161.301.50%12.00%BUY132.65155133
||||| SAREGAMA414.6013.00%63.50%BUY250.20294215
||||| SOUTHBANK29.352.00%4.50%BUY27.003027
||||| SUDARSCHEM417.707.50%13.00%BUY351.10386351
||||| SUVEN168.10-1.50%-3.50%SELL177.45193171
||||| SYMPHONY1421.404.50%6.50%BUY1299.0513981252
||||| TATACOMM646.65-1.00%-10.50%SELL731.00776703
||||| TATAINVEST831.154.00%14.50%BUY704.00789656
||||| TCS2530.701.50%7.00%BUY2323.1027092323
||||| TIRUMALCHM1139.307.00%37.00%BUY820.00880820
||||| TUBEINVEST782.054.00%17.50%BUY643.10735643
||||| TVSELECT205.355.50%9.00%BUY176.00203174
||||| TWL124.753.50%10.00%BUY114.15122112
||||| VADILALIND915.902.50%9.50%BUY779.20880779
||||| VISAKAIND477.75-1.50%-6.00%SELL544.70570378
||||| WABAG589.80-3.00%-16.00%SELL708.65750650