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TCS - Buy a Good Stock on Bad Day / Slowly build positionsBuy a Good Stock on a Bad Day. / Slowly add at every support level and build positions. (20%+20%+30%+30%) Scrip: TCS Enter: This is an investment idea for medium term to long term horizon. Slowly build positions in the support zones over a period. Support & Entry levels for building positions - 3720,3400, 3150, 2880 (in case market sell-offs happen) The stock is a market leader, segment leader and Fundamentally very strong company. A TATA group enterprise. Please note: I am not a SEBI registered Investment Advisor. Please invest and trade based on your knowledge and risk profile.
NSE:TCSLong
by BeingNick
2
Bank Nifty roars, so does India Vix. What Next?NIFTY 50 EOD ANALYSIS 5-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17820.10 H 17944.70 L 17748.85 C 17925.25 EOD +120.00 points / +0.67% SGX Nifty 5-1-22 @ 1830h = -8 FII DII = Not yet available CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened flat and then there was a mini sell-off as it tried to trade above the previous close. However, it found support around 17750 and then moved up a 100+ points and found resistance around 17850 and was back to 17800. It then never looked back and made a steady climb to hit the day high and close just below the level and above 17900. Both the indices have made higher highs and higher lows which is a good sign. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 99 Top 5 Draggers contributed = 45 Net = +54 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 606 Top 3 Draggers contributed = 00 Net = +606 POSITIVES Bank Nifty has closed comfortably above 37000. Nifty ended the day despite pressure from IT leaders and HDFC, above 17900. Bullishness in Banking & Finance scrips was strong. FIIs have bought in excess of 1,200 Crores. NEGATIVES IT leaders dragged Nifty - Infosys in particular which was a negative yesterday as well. Spike in India Vix as it closed above 17. TRADING RANGE FOR 05 JAN 22 Nifty support = 17400-500 Nifty resistance = 17950-18000-18100 Bank Nifty Support = 36000-200 Bank Nifty resistance = 37800-38000-200 INSIGHTS / OBSERVATIONS The most surprising fact of the day was that India Vix has roared along with Bank Nifty. It is an uncommon occurrence and is signaling that there is panic setting in at higher levels. Could this be on account of the rising Covid related uncertainties? Nifty underperformed Bank Nifty on account of Infosys, TCS, and HDFC. The good thing is that the higher low of Nifty is now 150+ points above. This indicates the underlying bullishness at lower levels. Bank Nifty made a bounce of 1100 points from the day low which is good and that is the reason why it was able to outperform Nifty today. The top 3 leaders contributed 600+ of these indicating that the index wide bullishness was good. Of the top 5 draggers of Nifty, the first 4 are from the IT pack. And all the top 5 lifters of Nifty are from Banking & Finance. So it was Banking & Finance Vs IT. What do you feel about this? Here is the link to the video: youtu.be Thank you, and Happy Money Making! Umesh 5-1-22 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
BUY AND HOLD METROPOLIS HEALTHCARE Posting this pre-breakout. NSE:METROPOLIS has consolidated for 6 months after giving a breakout from previous resistance trendline. The stock has so far faced 7 rejections from its new resistance trend line. A breakout from this trendline will be extremely bullish and can gain very high momentum. Look to enter after breakout at 3500-3600 or at the support trendline at 2900-3000 levels. (incase the stock retraces back). Company also has decent fundamentals. One can buy and hold for long term investment.
NSE:METROPOLISLong
by PriceActionSpotter
2
CDSL "BUY CALL" POSSIBLE 12% ROI This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a provider of technical knowledge on technical analysis. This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst. Please support the channel by liking, sharing and subscribing. Regards Maverick Trader #maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank Channel run by K.G. Varoon Dhruv Shah
NSE:CDSLLong
by maverick_trader2002