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NIFTY 200 stocks signals

Stock name	Close	Change	20 Day Swing Indicator				Last Month's		52 week
			Trend	Date	Fixed SL	Trailing SL	High	Low	High	Low
||||| ABCAPITAL	100.05	-2.50%	SELL	29/08/18	112.40	129.95	144	113	214	100
||||| AUBANK	522.50	-3.00%	SELL	21/09/18	639.95	684.40	736	545	748	500
||||| BHARATFIN	902.30	-6.50%	SELL	28/08/18	1051.70	1126.90	1170	1016	1235	885
||||| DBL	429.30	-8.00%	SELL	11/09/18	612.05	775.00	842	635	1248	426
||||| DHFL	188.40	-10.50%	SELL	21/09/18	312.00	615.15	692	253	692	186
||||| GRASIM	857.35	-1.50%	SELL	03/10/18	933.90	1082.00	1082	994	1300	852
||||| INDIANB	218.45	-2.00%	SELL	28/08/18	247.55	293.15	339	219	427	217
||||| INDUSINDBK	1449.45	-8.00%	SELL	24/08/18	1695.95	1834.10	1919	1649	2038	1422
||||| RBLBANK	469.25	-7.00%	SELL	21/09/18	551.00	601.00	644	504	652	443
||||| TATAMTRDVR	92.90	-3.00%	SELL	15/05/18	118.35	138.30	150	115	262	93
||||| TECHM	676.55	-2.00%	SELL	22/10/18	735.00	780.80	780	693	781	458
||||| UNIONBANK	62.70	-2.50%	SELL	05/09/18	72.50	79.60	93	65	192	62
||||| WOCKPHARMA	471.80	-1.50%	SELL	21/09/18	529.90	638.80	692	531	1012	467

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Market outlook

Daily charts:
- trend is down on daily charts
- today NF closed 0.6% in negative at 10245
- AD was 5:12
- VIX increased by 8%

- option writing resistance 10500-11000 support 10000

- wild guess... markets may bottom here. But call writing is showing no upsides.

Top losers this year

Top gainers this year

Top gainers this month

Stocks at All Time High and Low on Friday

#PNB takings support at multi year lows

#IOC taking support at 2010 and 1015 high

#BPCL at 3 year support

#BHARTIARTL at 10 year support

Candlestick patterns

Option Opstra Analytics - excellent site for option traders

Site address: http://opstra.definedge.com/

Note: site is extremely user friendly so don't ask me how to use it or how it will benefit you.

Hot stocks and charts

LAST updated: 19-OCT-2018 

ABB

NIFTY options open interest

- more calls are being written than puts
- highest OI ia at 11000 CE and then 10600 CE
- in puts, highest OI is at 10000

- overall trend is down



Source: https://www.niftytrader.in/live-nifty-open-interest/

NIFTY weekly technicals

- trend is down
- support 10000
- I think this will hold this year...let's see

BANKNIFTY technicals

Daily charts:
- trend is down
- swing high formed around 25900
- support 24250

Market outlook

Daily charts:
- trend is down on daily charts
- today markets opened gap down and closed 1.4% in red at 10303
- AD was 5: 12
- highest OI at 11000 CE and 10000 PE
- VIX increases to 20 (11% increase today) making options expensive

Kotak Sec tells retail to buy and others to sell same stock same day.. shame shame

- stock is HERO MOTOCORP
- don't know how much of this is true
- both reports are published 17-OCT-2018
- I am not surprised

Here is the buy call.. see the date and the price



And  here is the sell call



Source: https://twitter.com/Amit_Gulecha/status/1052822718737874945   ... thanks for this.

Why your upbringing can work against you in the stock market

We're brought up with a huge focus on being right or wrong. 

At school we learn. We are then tested on that learning with exams and assignments. This continues all the way through our education – primary school, high school and college. Right and wrong: it's ingrained in us from the word go.

But when we enter the trading arena, being right or wrong has nothing to do with being a successful trader and making profits. If you believe that the most important aspect of successful trading is being correct, you are making a very big mistake.

You can be a highly profitable trader and lose more often than not – indeed, some of the world's top traders lose more often than not.

Unfortunately most people have this belief that in order to be profitable you must be right. This line of thinking for an aspiring trader is very, very wrong.

To conclude, don't be obsessed with being correct. Expect half your trades to fail. Money is made not because of the indicator but by your ability to keep losses small and letting profits run.

Being right has nothing to do with making money.