Can we help ?
- X
Please leave your details, we will get back to you soon
powered by AlphaCentauri
Thank you, we have received your message and will revert to you shortly
powered by AlphaCentauri
   Money Times Volume No. XXVII
   Edition No.6 Dated: 111217
Login | Register
Home
|
About us
|
Products
|
Advertise with us
|
Subscribe
|
Feedback
|
Career
|
Contact us
Sensex to test Supply Zone
Lead Story
Market cautiously optimistic
The markets were weak in the opening session first three days of the week. Sustained selling pressure was witnessed as the Nifty almost tested the psychologically important 10K mark. The markets failed to offer any kind of resilience. However, the markets managed to bounce back on the last two days of the week as the Nifty moved above the 10250 mark on Friday. The markets bounced back on the back of positive reports of the BJP winning the Gujarat elections comfortably and also due to oversold conditions. The FIIs remained net sellers in the cash and derivatives segment. However, the DIIs remained net buyers during the week and were seen supporting the markets regularly. The breadth of the market remained weak amidst low volumes, which is a negative sign for the markets and indicates unwinding of positions. The earnings season continued to be in line with expectations with no negative surprises. Crude oil prices corrected a little on inventory worries. The US Fed meeting on Wednesday is, in all likelihood, set to announce a 50 bps rate hike.

Weekly Uptrend Stocks
Let the price move below Center Point or Level 2 and when it moves back above Center Point or Level 2, then buy with whatever low was registered below Center Point or Level 2 as the stop loss. After buying, if the price moves to Level 3 or above, then book profits as and when the opportunity arises. If the close is below Weekly Reversal Value, then the trend will change from Uptrend to Downtrend. Check on Friday after 3.pm to confirm weekly reversal of the Uptrend.
Scrip Last
Close
Level 1 Level 2 Center
Points
Level 3 Level 4 Relative
Strength
Weekly
Reversal
Value
Up Trend Date
Weak Below Demand Point Demand Point Supply Point Supply Point
VAKRANGEE 759 714 728 745 776 824 75.8 710.8 13-10-17
H.E.G. 1925 1571 1689 1807 2043 2397 72.8 1780.8 08-12-17
RADICO KHAITAN 287.50 258.5 265.5 280.5 302.5 339.5 71.3 272 17-11-17
WHIRLPOOL OF INDIA 1550 1489 1503 1536 1583 1663 71.1 1485.5 24-11-17
BALAJI AMINES 640 595 598.7 636.3 677.7 756.7 71.1 621.1 08-12-17

Weekly Downtrend Stocks
Let the price move above Center Point or Level 3 and when it moves back below Center Point or Level 3, then sell with whatever high was registered above Center Point or Level 3 as the stop loss. After selling, if the price moves to Level 2 or below, then look to cover short positions as and when the opportunity arises. If the close is above Weekly Reversal Value, then the trend will change from Downtrend to Uptrend. Check on Friday after 3.pm to confirm weekly reversal of the Downtrend.
Scrips Last
Close
Level 1 Level 2 Center
Points
Level 3 Level 4 Relative
Strength
Weekly
Reversal
Value
Down Trend Date
Demand Point Demand Point Supply Point Supply Point Strong Above
BANK OF MAHARASHTRA 26 24 25.4 26.2 26.8 27 41.67 26.68 17-11-17
FORCE MOTORS 3204 2819.3 3079.3 3214.7 3339.3 3350 25.93 3294.50 22-09-17
DR. REDDY'S LABORATORIES 2185 2048 2149 2214 2250 2279 37.99 2259.75 10-11-17
IRB INFRASTRUCTURE DEVELOPERS 203.75 163.7 191.5 207 219.2 222.5 39.66 222.75 17-11-17
IDFC BANK 53.60 50.9 52.8 53.8 54.7 54.9 39.79 54.50 10-11-17
Believe It or Not

Nagreeka Capital & Infrastructure recommended at Rs.48.05 in SA last week, hit a high of Rs.61.20 fetching 27% returns in just 1 week!

Bhagyanagar India recommended at Rs.47 in TT last week, hit a high of Rs.57.90 fetching 23% returns in just 1 week!

Indo Thai Securities recommended at Rs.57.50 in TT last week, zoomed to Rs.66 fetching 15% returns in just 1 week!

Renaissance Jewellery recommended at Rs.185.35 in TT on 27 November 2017, hit a high of Rs.276.30 fetching 49% returns in just 2 weeks!


Top Stories
Disclaimer : Investment recommendations made in Money Times or other newsletters published by Time Communications (India) Ltd are for information purposes only and derived from sources that are deemed to be reliable but their accuracy and completeness are not guaranteed. Time Communications (India) Ltd or the analyst/writer does not accept any liability for the use of suchinformation for the buying or selling of securities. Readers who buy or sell securities based on the information published in Money Times orother newsletters are solely responsible for their actions. The author, his company or his acquaintances may/may not have positions in the above mentioned scrip.
©2017 Time Communications Publication . ALL RIGHTS RESERVED
Designed and Maintained by AlphaCentauri.in