Nifty / Stocks prediction for Nov 21, 2018

Yesterday on Nov20, 2018 Nifty opened at 10740, which was also high for the day, made low of  10640 and closed at 10656

What about today Nov 21?

Today Nifty can go down upto 10580-10600 level. Chances to going down to 10550 are less

On upper side it can move upto 10700 level

Nifty may remain range bound for quite some time in the range of 10660 to 10600

All the above levels are approximate

Please note that the above predictions are based on technical data and charts so any news can override this.

Overnight crude has fallen by $5 to $6 approximately

So petroleum, paint stocks and tyre stocks  can move up today.

Dr.Reddy's Lab can move up due to positive news

Keep aviation stocks in watch list

Nifty predictions and stocks to buy for Nov 19, 2018

Last few days market/ nifty is moving up as expected.

On Friday Nov 16, 2018 Nifty opened at 10,644, made high of 10,682 and low of 10,631 and closed at 10682

Now what about Monday?

For Monday Nov 19th, 2018 my predictions for Nifty are as follows

Nifty can go down upto 10,630 approx and can go high upto 10,800

It can remain range bound for quite sometime in the area of 10,680 to 10,730

Nifty can close near 10,760


I have recommended few stocks to buy for positional trade when Nifty was around 10,000 but now they have moved up.

But you can accumulate following stocks on dips

ITC, Yes bank, Tata Motors - remember they can fall further so you have to buy in staggered way

You can also start accumulating CIPLA on dips for positional trade, it will move up in coming days

Reliance was recommended when it was near 1050 and below that but now it has moved up to 1127, so if you get chance to buy it below 1100 you can start accumulating for long term.

Tomorrow RBI meeting is there, any announcement or outcome can affect PSU  bank stocks.

Stocks to buy on Nov 2, 2018 for positional trade

Following stocks may move up tomorrow or in coming days

Grasim Industries

ONGC 

Yes Bank

Tomorrow Nifty may open gap up - in that case you may not be able to buy above stocks at CMP or at lower than that. So in that case wait for them to go down, in case they open high. Keep accumulating on dips and it may go up tomorrow itself or in coming days.

Dabur India - this stock went down today because of Q2 results. It may go down further tomorrow, so wait and then buy on dips.

Dr. Reddy's Laboratories - this stock went down today due to negative news, it may fall tomorrow so wait for fall then accumulate on dips.

Above is my analysis, and I can be wrong, so please do your analysis before taking any decision.

Above article is only for information and study purpose, please take advice of your financial adviser before entering into any financial transaction.

Stocks to buy today on Oct 31, 2018

The boards of over 120 companies will meet on Wednesday for July-September results. Among these are  Adani Power, Ajanta Pharma, Balrampur Chini, Castrol, Cochin Shipyard, Butterfly, Canara Bank, CholaFin, Dabur, HEG, HFCL, Indostar, L&T, Kalpataru, Lupin, MOIL,  Ramco System, Reliance Nippon, Strides Shasun, Tata Motors, TTK Health, United Spirits, Vedanta and Zylog, 20 Microns, Escorts, Future Lifestyle, Matrimony.com, EIH Associated

Stocks of companies with positive Q2 results may rise today or in coming days.

My analysis for the stocks to buy Today on Oct 31, 2018

Yesterday 2 stocks hit upper circuit limit

Edelweiss Financial services

Bombay Dyeing

Try to buy the above 2 stocks at 9 am today, it may hit upper circuit again.

Other stocks which may move up

Torrent Power

A B capital

UPL ltd

J M financial

Divi's Lab

Indiabulls Real Estate

Prakash Industries

Tata stell Q2 results are good but negative news so avoid buying

https://in.reuters.com/article/thyssenkrupp-tata-steel-commission/eu-opens-deeper-probe-into-thyssenkrupp-tata-steel-deal-idINKCN1N4285

If market opens gap up then buying at current price or lower price may not be possible.

Do your own analysis before taking any trade, and buy with proper strategy ( might be not in one go, accumulate on dips). Take also Nifty movement into consideration.

Content of this blog is only for information and study purpose, please take advice of your financial adviser before entering into any financial transaction.

Stock market / Nifty predictions for Oct 30, 2018

Today Nifty opened at 10078, made high of 10275, low of 10020 and closed at 10250.

My prediction for today's Nifty was 10000 to 10200 so my prediction was almost correct. 

Now what about tomorrow?

Tomorrow on Oct 30, 2018

Nifty may go down upto 10,160 and high upto 10,350

It may remain range bound in the zone of 10260 to 10,300 for quite some time

Please have a look at Nifty 50 chart

What should we do in Yes Bank stock?

I do receive many queries related to stocks but it is not possible always to write about the all.

Today we will discuss Yes Bank stock, as this is the stock where major up down has occured and major talks and curiosity is going on.

Today Yes bank made high of 185.90 and low of 174.75 and closed at 181.30

Currently there are 3 issues connected with Yes bank

1. Mr.Rana Kapoor was removed from CEO postion of the Yes bank by RBI and now new CEO is to be appointed before January 2019. But there is uncertainty over who will be the next CEO, but according to me this should not be seen as negative factor because new person coming in can be more competitive than Rana Kapoor. You can take example of ICICI bank and its results.

2. Yes bank has a ₹2,600 crore exposure to Infrastructure Leasing and Financial Services Ltd (IL&FS). This can be treated as negative for the bank and stock has already fallen down for this reason.

3. Q2 results - Yes Bank has not made adequate provisioning. Its provision coverage ratio dropped to 47.8% from 55.3% in the previous quarter.
The management said that of the total slippages, exposure of ₹631 crore is likely to be upgraded as it expects prepayments.
Beyond the asset quality, the bank’s core performance remained robust. Its margins remained intact and its core income grew at a healthy 28.2%.

Now read my last post about big players,  in point number 2, I have explained that big players had bought Yes Bank stock at around Rs.169 on 26th Oct at 9.00 am 

This means in near future this stock can not go below Rs.169, unless and until there is some big negative news.

So one can start accumulating Yes Bank stock on dips and around this price ( it is difficult to even get this stock at this price) or little higher price for positional trade.

As per my prediction, this stock can reach Rs.200 approx in few months time

The above is my view and I can be wrong. 

Please give your feedback in comment section

Watch the chart of the YES BANK, it may form double bottom

Modus operandi of Big players - How big players are manipulating stock market?

My observation tells that big players in stock market can manipulate index as well as price of any stock. And media attaches it to a bullish or bearish news in the market. Actually big players are ruling the market and making it dance as they want , and we all are playing fixed matches.

Let us try to understand modus operandi of big players

1. Big players manages Nifty at a particular level on the day of expiry, because of their position in options. I have observed this in the month of September and in the month of October

2. They make market open high with few hundred points, sell their stocks exactly at 9.00 am so the stock goes down heavily and they buy at this level, so again the stock price comes near previous close. This happens in few seconds before we get chance to do anything.

Please see the following chart of Yes bank as on 26th Oct, 2018

In the morning 9.00 am they sold their stock near previous close in large quantity which brings the stock down. In the above you will find day's low as Rs.168.60, now check the graph, you will not find this price through out the day, but you will find a spike going down at the start, this is where they bought their stocks. You had no chance to buy the stock near 168.60. And in the morning Nifty opened high at 9.00 am (that spike not visible in this graph), i.e. where they sold their stock, when it was near previous close. All this happens in few seconds.

3. When there is quarterly results of any stock to be announced and we know it is positive, they make price of that stock fall on previous day or on the same day. Then they buy that stock at lower level, then even after announcement of the positive quarterly results the stock price either goes down and it starts moving upward either at the end of the day or in next few days. e.g. You can check out the price movement of the stocks like tata elexsi, tcs, bajaj finance. on day of their quarterly results.

 4. Even if there is any positive news about any stock or any buy signal and they want to buy any stock, first they take that stock price to low level in such a way that stop loss gets hit and sell panic gets created and then they buy it.

Why media does not say anything about this?

What SEBI is doing? 

When stock market started falling since September, media was telling the reason of high prices of crude and weak rupee against USD. Now in last 12 days crude has improved by $10 approx and ruppe has strengthened, but stock market has not moved up. This means they are attaching false reason for the market movement.

Please give your feedback in the comment section

Stock market / Nifty predictions for Oct 29, 2018

On Friday Oct 26, 2018 the Nifty opened at 10122, made high of 10128 and low of 10004 and closed at 10030

Now what can happen on Monday?

On Monday Oct 29,2018

Nifty can move down upto 9980-9950 level. Mostly it should bounce back from 9980-10000 level.

On upper side it can move upto 10180-10200 level.

Nifty can remain range bound in the 10040 to 10140 zone for quite some time

Big players may create selling pressure to take Nifty down further to 9900 level but technically above levels are correct.

All levels are approximate

This analysis is based on technical charts and data hence any manipulation or news can override this.

I will be updating this post tomorrow again as I will be receiving more data, so do visit this post again tomorrow night.

Please have a look at following Nifty 50 chart

Brent crude is $77.77

USD Rupee is Rs.73.12

Stock Market / Nifty predictions / Stocks to buy for Oct 26, 2018

Today market opened at 10135. Made high of 10166, low of 10079 and closed at 10124

Today at around 11 am, I informed in whatsapp groups and on my blog that they will try to maintain Nifty at around 10,100 due to expiry and they did it successfully. Otherwise Nifty may have moved above 10,200

And my prediction was correct.

Now what about tomorrow?

Tomorrow on Oct 26, 2018

Nifty may go down upto 10,100 approximate

On higher side it can move upto 10,280-10300  approximate

Lower support zone is 10,100-10080, below that support is at 10,040 and on upper side resistance near 10,300

Nifty may remain range bound in 10180 to 10250 area for quite some time

All levels are approximate

This analysis is based on technical charts and data hence any manipulation or news can override this.

Today I have not analysed new stocks to watch so I will accumulate previously mentioned stocks on dips like ITC, Bajaj Finance, Maruti and more

Brent crude is $76.58

USD-Rupee - Rs.73.23

Stock market / Nifty Predictions/ Stocks to buy for Oct 25, 2018

Today market opened at 10,278, made high of 10,290.65 , made low of 10,126.70 and closed at 10,224

So the range was from 10,126 to 10,290 which is almost same as my prediction for today.

What can happen tomorrow?

Nifty is in down trend technically.

Sentiment in the market is bearish

Tomorrow on Oct 25 - Nifty can move down upto  10,100

And on upper side it can move upto 10,380 level

Nifty may touch 10,000 because of expiry

As updated on whatsapp groups at 11.05 am on 25th Oct

they will try to maintain Nifty near 10,100


All levels are approximate

This analysis is based on technical charts and data hence any manipulation or news can override this.

Apart form stocks mentioned on last few days, tomorrow following stocks will be in my watch list

Maruti , Mahindra & Mahindra and Zydus Wellness

My strategy will be to buy on dips for positional trade.

Brent crude is $73.57

USD Rupee is Rs.73.30

Stock Market / Nifty Predictions / Stock to buy for Oct 24, 2018

Nifty is in downtrend.

Market sentiment is bearish

Today Nifty has closed at 10146, Nifty made low of 10,102

Tomorrow Nifty can go down upto 10,000-9,980 level. 

And on higher side it can move upto 10,280-10300 level.

All above levels are approximate

This analysis is based on technical charts and data, any news or manipulation can override this.

Yesterday I recommended few stocks to buy on dips for positional trade and long term, so you may buy those on dips.

Tomorrow I will be also accumulating following 2 stocks on dips for positional trade

Godrej Industries - CMP is 447.30, will try to buy at Rs.443 and below

Castrol India - CMP is 137.95, will try to buy at 134 and below

Jamna Auto Indutries - CMP Rs.69.40, will try to buy on dips at lower than this price for long term

Do not buy in one go, keep buying on dips i.e. in staggered way.

Prediction of crude fall and rupee will be stronger was made few days back and it is coming true

Brent crude is $76

USD-Rupee is Rs.73.36

Stocks to buy / Nifty predictions for Oct 23, 2018

As you know market is bearish so most of us are expecting market to go down today.

Will Nifty touch 10,000 or 10,100 level today?

Technically Nifty is in down trend.

Today Nifty can go down upto 10,180-10,200 level

There is strong support in 10,180-10,200 zone so it can bounce back from there

But there will be less buyers so moving upward can be slower

On upperside Nifty can go upto 10,380 level.

So range for today is  10,180 to 10,380

The above levels are approximate

It seems Nifty and few stocks are is getting manipulated by big players - FIIs

So technical prediction becomes more difficult.

But it seems they will not allow Nifty to go much below 10,180 level.

The above analysis is based on technicals so any news can override this

Nifty can remain range bound for quite some time in lower area


Which stocks are good to buy?

ITC - (actually I am recommending this since quite sometime and now it has moved little higher- I have bought @Rs.265)

Bajaj Finance - (good opportunity, may bounce back today itself)

Reliance Industries

Maruti

Tata Motors

Yes Bank

Indusind bank - (there are operators in this stock and they take it down sharply)

The above stocks are good for positional trade and long term.

The above stocks may go down from their current level so Do not buy in one go, keep buying on dips

USD-Rupee is Rs.73.72

Brent crude is $79.30

Stock market / Nifty predictions / Stocks to buy on Oct 22, 2018

You might have heard that market will crash and Nifty can reach upto 8000 level.

But my prediction is that the Stock market / nifty WILL NOT CRASH IN COMING FEW DAYS and maximum Nifty can move down upto 10,000 level. Actual level is around 10,160, it will not fall below 10,160

There is bearish sentiment in the market, meaning people will hesitate to buy today.

On Monday Oct 22,2018 Nifty may open gap down and move down upto 10,220 level . There are less chances of Nifty moving below 10,180 level, as there is good support at 10,200, it should bounce back slowly from there.

On upper side it can move upto 10,380-10,400 level.

It can be range bound for quite some time in the zone of 10,280 to 10,340 level

All levels are approximate

Why Nifty prediction is important?

Price of all stocks move as per Nifty ( if there is no news in that stock) because their price gets multiplied by fraction of Nifty. So from Nifty you can predict movement of your stock.

Please note that these predictions are based on technical analysis and any news can override this.

I will be buying following stocks on dips

TATA MOTORS, ITC, MARUTI, SOUTH INDIAN BANK, RELIANCE
INDUSIND BANK may fall so will wait and buy
BAJAJ FINANCE may fall so will buy after it falls
GRAPHITE INDIA may fall so will buy after it falls

My buying strategy will be accumulating in small quantity on dips. High price stock like Maruti I will buy 1 or 2 at a time.

I will keep watch on Yes bank and DHFL  and may buy after they fall down. This is risky for short term but I will hold for few months.

DHFL very risky stock to buy.

The above stocks are good for positional trade as well as long term.

Current price for Brent crude is $79.69

Current USD/ Rupee is Rs.73.48

Why stock market fell today? on Oct 17, 2018

Today on Oct 17, 2018 market opened gap up and went upto 10,709 and then started falling and went down upto 10441 and closed at 10453

The reason for fall was selling pressure at top level and then negative news for NBFC sector.
Let us watch following video which explains the exact problem.

Stock Market Nifty predictions for Oct 17, 2017

My predictions for Oct 16, 2018 were almost true, Nifty went upto 10,602 and returned back and closed at 10584

Now my predictions for Oct 17, 2018 are as follows

Nifty can open gap up

Nifty can move from 10540 to 10,700 

Some downward movement in between.

It can close near 10,680

Please note this predictions are purely based on technical and any news can override this.

Current USD-Rupee - Rs.73.30
Current Brent crude price - $81.23




   

Stock market predictions for Oct 16,2018

My predictions for today i.e. Oct 15, 2018 were almost accurate and nifty did movement almost in same range.

Now my predictions for tomorrow i.e. Oct 16, 2018

Today market closed at 10,512.

Tomorrow it can move down upto 10400 and move up upto 10600 level approximately.

And can close near 10550-10560 level

Please note that these predictions are based on technical and any news can override this.

Nifty predictions for Oct 15, 2018

On Oct 12,2018 Nifty closed at 10472.

What next? There are many predictions going on in media and I feel overall people think that market will fall.

Technical chart shows bullish signal. But market will move both ways.

The upper level for Nifty on Monday is 10540 and lower it can move upto 10,377

The reason is difficulty in breaking support and resistance.

If it breaks lower support can move down further to 10280-10300 level (chances are less)
If it breaks upper resistance at 10580 it can move to 10620 level (chances are less)

It can also remain range bound between 10525 and 10477 for quite some time

All levels mentioned are approximate

Market may open high (gap up) above 10,500 in that case it can reach 10,600 level approx.

This means it has overcome the resistance of 10480 so it will be difficult to go down much below that level

Please note that any positive or negative news can overrule my predictions as they are purely based on technicals.

Please give your feedback in the comment section.

Disclaimer - This article is for study and knowledge purpose only, please take advice of your financial adviser before investing or trading.

Analysis of market predictions for Oct 12, 2018

Check my predictions in previous post.

My following predictions were turned out to be TRUE

Nifty can move up by 200 points
Global markets will improve (Aisan markets up, Nasdaq up)
Crude price moved down - Current Brent crude price is - $80.60
Rupee will strengthen - Current price against USD - Rs.73.69

On whatsapp groups I made prediction that Nifty will close @10477 approx and Nifty closed at 10472

Please note that my predictions are based on technicals and charts and any news can override my predictions.

Posting predictions for Oct 15,2018 soon.

Nifty and stocks predictions for Oct 12, 2018

Tomorrow overall market can be be up and down both.

Nifty can move down in Morning approximately by 70 points then it can move up by 200 points approximately. Market can close near 10,300.

Tomorrow following stocks can open low

SBI, TATA MOTORS, TATA STEEL

AND petroleum stocks like
BPCL, IOC, ONGC can open low , means petroleum index down, it may improve later.

Today TCS did not move up despite good quarterly result. But tomorrow

TCS , INFOSYS, WIPRO can open high - means IT index up.

HUL, Bajaj Finance, L&T can open high

As per technicals the world markets should improve in coming days. Any negative news can take market down. Decisions of Trump and Federal bank going to play major role in world financial markets.

Crude should move down in coming days

USD rate is  73.77 Rupee when I am writing this.

My predictions are based on technicals and charts, I have not taken other factors into account.

Disclaimer - This article is for study and knowledge purpose only, please take advice of your financial adviser before investing or trading.

Analysis of today's market / nifty prediction

Today Nifty opened gap down heavily and went down upto 300 points approx and then recovered with close at 10234

Here is the exact reason why it happened (click the link below)

Sensex plummets 760 points as Trump's 'crazy' Fed comment hits Global Market

In short the reason was interest rates by Federal reserve bank and the Trump comment about it.

As my analysis and predictions are purely based on technical and charts, it can not include the effect due to any negative or positive news. So my first prediction of Nifty moving above 10460 went wrong. As this news was overnight development I immediately updated my blog in the morning at around 8 am.

Today was actually buying opportunity for good stocks for long term

Today I recommended to buy ITC, Bajaj Finance, Maruti, HPCL for long term. You can study these stocks and buy tomorrow if you can get a good low price. I do have them in my portfolio.

During my study of charts I noticed that I missed a good opportunity of buying Graphite India stock on Oct 9, as there was strong buy signal in the charts, the stocks has moved up last 2 days with 5% upper circuit limit. Let us see whether tomorrow I can get chance to buy this stock or not.

My prediction for crude was correct - it moved down - Brent crude current price is below $81

My prediction for rupee was correct - Current price for one USD - Rs.73.79 - went below Rs.74


Disclaimer - This article is for study and knowledge purpose only, please take advice of your financial adviser before investing or trading.

Nifty prediction for Oct 11, 2018 - update

World markets are down.

SGX NIFTY - down by 260 points
DOW JONES - down by 830 points
Asian markets Down

Market may open gap down today

TV channels spreading bearish news

Sentiment bearish

Positive side is Nifty charts are bullish and crude is down.

Let is see what happens, be cautious for intraday trade.

How to invest / trade in stock market in OCT 2018

In last few weeks, as majority of my prediction related to NIFTY  and stocks went correct I decided to start this blog. Hope it will be useful to you all.

Stock market / Sensex /  Nifty went up today ( Oct 10, 2018) as predicted.
Nifty closed at 10460 which is up 159 points
Sensex closed at 34760 which is up by 461 points

My predictions for coming days are

Technically NIFTY is in down trend but today it has come out of oversold zone. Since last one week, I was knowing that NIFTY will start moving upward but I was waiting for it to come out of oversold zone.

The market /index/ Nifty can be bullish from tomorrow for next few months. Nifty can move up approx 50 to 100 points for next one week or so. This does not mean all the days market will move up only, some of the days market can move down also. But overall up and bullish. This also means that Nifty can touch 11,000 within one week (7 working days)

NIFTY prediction for tomorrow Oct 11, 2018

Nifty will move up tomorrow.
Market may open gap up. There is resistance at 10,477.
Nifty will move upto 10,530 then some resistance and then can move further upto 10,600
It may jump up with a gap. Closing can be near 10,560- 10,580. Downward upto 50 points in between. All levels are approximate and sometimes they are dynamic.

The above predictions are based on technicals so if there is any positive or negative news, market will change accordingly.

Today I asked to buy good stocks for long terms because I knew market will move up and we may not get chance to buy these stocks at lower price.

Today I asked not to buy IT and pharma stocks for long term - reason - they went up because of rupee got devalued against US dollar and so their profit margin increased as they are into overseas / export business.

Now in coming days rupee will be stronger against US dollar so their profit margin will get affected. The companies who have local business, their stock price can move up. This does not mean that price of these stocks will not move up. Only thing their growth performance may not match other sectors and we need stocks which can have higher growth prospects. These stocks can move up when their positive quarterly results get declared or there is some positive news.
TCS Q2 earnings will be announced on Thursday and stock can move up.


Crude oil price will also start falling in coming days. This will have positive effect on economy and stock market.

Which stocks to buy for long term?

In last month many good stocks have come down by 60% to 30%. So this is a good buying opportunity for long term which I was informing from time to time.

In general, stocks which are at their 52 week low or near that and are in oversold zone as per technical charts and which are fundamentally strong. Majority stocks in your portfolio should be from Nifty 50 stocks or Group A stocks with diversified sectors. 

Sectors which will perform better in coming year will be PRIVATE BANKS, SELECTED PSU BANKS, FMCG, SERVICE, TEXTILE, EDUCATION, HOSPITALITY, FITNESS, SUGAR and more. This DOES NOT MEAN all stocks of these sectors will perform good, some of the stocks may go down so we need to do proper stock wise analysis. This does not mean that other sectors will not perform good.

Also while buying you can buy small quantities on dips, but sometimes it is good to buy in one shot.

Do not invest 100% of your fund, keep some spare fund with you.

As I have not done stock specific analysis, so right now I am not posting the exact stock here
But I have mentioned what parameters to look for so you can choose the stock accordingly.

When to sell these stocks?

Keep checking your portfolio from time to time. Buy / Sell if required.
You can sell these stocks in March 2019 or earlier as per individual need. Will explain this in upcoming post. With proper portfolio one can gain 30% to 60% in coming 6 months.

The above are my views and I can be wrong also.

Wish you happy trading and investment.

Please leave your comments and feedback in the comment section below this post.

Disclaimer - This article is for study and knowledge purpose only, please take advice of your financial adviser before investing or trading.