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Sectoral

Sectoral Analysis-Nifty ITA sectoral analysis after quite long time. I had previously covered Nifty Pharma & Nifty Energy which have outperformed Nifty. However, Nifty IT has largely underperformed in the last 2 years as compared to broader indices mostly because of recession in western countries. The sector is in consolidation since last 3 years and all the investors of large cap IT companies have been waiting for a breakout to happen. If the chart of Nifty IT is analyzed, we can see a possible cup and handle formation. Once Nifty IT index breaks 35500, handle breakout would be confirmed and we can expect 36800, 37450, 38700++ targets. Midsmall cap IT sector stocks like Persistent, Birlasoft, LTTS and many more have similar charts as of Nifty IT. Do keep in watchlist as they can give good returns in upcoming months. Please comment below if you want technofundamental analysis of any IT sector stock.
NSE:CNXITLong
by chartistamey
Swing Trading Opportunities for the week beginning 17-01-22SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 17-01-22 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. Some readers feel that I am simply listing down several scrips so that if they go up I can claim so. This is not the case - I am not here to score any points. I am sharing my weekly analysis and if you like it, read it and if you do not agree, I am fine with that. ON MY WATCHLIST FOR THE COMING WEEK Important - The indices have performed fairly well in this week and the weekly close is also at a good level. The results season has begun on a good note with both Infosys and TCS posting good numbers and closing the week at their respective All Time High. The market would now be driven more by the release of the quarterly results. It is better to trade/invest in results bound scrips only after the results and not in anticipation of a good outcome. The market seems to have for now discounted the Covid as well as Omicron related impacts and seems to be getting in to the pre-Budget rally mode. I have filtered the sectors based on Monthly candles. Here are the likely candidates for the week - SECTORS LOOKING GOOD FOR LONG POSITIONS- Considering the Monthly Charts, the following sectors look good: NIFTY SPOT at 18255 At this time, I have also chosen sectors with an additional filter of Fibonacci Retracement using the Covid swing low as the base. Auto Bank Nifty CPSE FMCG Media PSU Bank The first 4 sectors were present the last week as well and only the last 2 are the new additions. There are many sectors that are already strongly bullish and these have not been listed above. So if you find a sector bullish on the weekly charts, please check out the monthly as well to confirm its bullishness. Considering the Weekly Charts, the following sectors look good: Nifty Auto Nifty Bank Infra IT Media Metal MNC PSE PSU Bank Realty WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 18255 Coal India Divis Labs Grasim SBI Life HCL Tech HDFC IOC JSW Steel NTPC ONGC SBI Life Tata Consumer Products PNB Indigo Tata Coffee West Life Angel One Avanti Feed IRCTC KSCL Nazara Walchandnagar This week, I have included some other scrips that are part of my watchlist as those seem to offer good risk-reward opportunities. However, not all of them have been screened so you may deep dive into the scrips that you may have on the radar and follow the process covered in this post to filter the candidates for investing/trading. I may / may not take these trades as not every opportunity should / can be traded. Here is the Video Link: youtu.be Thank you for your time and Happy Learning, Umesh 14-1-22 Not SEBI Regd. The post is purely for educational & informational purposes only.
NSE:NIFTYLong
by AVENUESOFINVESTMENT
Swing Trading Opportunities for the week beginning 20-12-21SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 20-12-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan. Some readers feel that I am simply listing down several scrips so that if they go up I can claim so. This is not the case - I am not here to score any points. I am sharing my weekly analysis and if you like it, read it and if you do not agree, I am fine with that. ON MY WATCHLIST FOR THE COMING WEEK I have changed the format to some extent and I request you to let me know if you like this approach to finding Swing Trading Opportunities or the one that I was following till last weekend. Important - Nifty is below 17000 and this analysis is purely based on what is seen on the charts as low risk entries. It is possible that you may come across several other opportunities but as the markets fall, my universe of analysis gets restricted to my holdings and Nifty as well as Bank Nifty. This week’s analysis has been performed accordingly. It is easy to get attracted by several opportunities but funds are limited but underlying risks are not. I have filtered the sectors based on Monthly candles. Here are the likely candidates for the week - SECTORS LOOKING GOOD FOR LONG POSITIONS- Considering the Monthly Charts, the following sectors look good: Auto Bank Nifty CPSE Media PSE Considering the Weekly Charts, the following sectors look good: Auto Bank Nifty CPSE FMCG IT Media MidCap100 PSU Bank Realty If you look at the sectoral indices on the daily charts, all of them look beaten down and you would not like to trade them. This is precisely the message for a short term trader - these could be good short sell candidates, but not for Swing or Positional candidates. WEEKLY TIME FRAME- FOR LONG POSITIONS - Nifty Spot at 16985 Adani Ports Grasim HDFC HDFC Life ITC Maruti Reliance Tata Consumer NAM India Accelya Bayer Crop Kotak Bank ETF KSCL Nazara Sun TV Trent I may / may not take these trades as not every opportunity should / can be traded. I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so. In case you are able to spot the setup and the trade basis, please do share so that together we can learn. Here is the Video Link: Thank you for your time and Happy Learning, 19-12--21 Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
NSE:TRENT
by AVENUESOFINVESTMENT
Nifty Realty—the next breakout candidate? (Top stocks analysis)Looking at the sectoral charts on the monthly timeframe highlighted to me how NSE:CNXREALTY was one of the only sectors that hadn't broken out yet or weren't hanging in the air. Sure, it's still testing the highs, but I felt I'd look at a few major Realty stocks just to see how they're placed on the M charts. Snapshots of the charts can be found in the comments as I don't have enough reputation in the Indian locale to share them in the description yet. What do you feel? Could Realty be the next big bet?
NSE:CNXREALTYLong
by MarketsWithKR
Century Ply 3Yr Rounding BreakoutMoving along with sector. SL: Sell below Breakout Candle. TGT: SL: Below BO Candle TGT: Breakdown for 20MA on Hourly chart (on a daily close basis) BUY RULES: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL RULES: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
NSE:CENTURYPLYLong
by raavigeorgian