Kaustubh

Tomorrow is weekly expiry of the banknifty FNO. This is usually a reasonable dramatic event but even more so tomorrow. Today, the news of Chinese retaliation to Trump trade sanctions threw the markets off. BUT, it happened in the Asian and European hours. As I expected, the US markets are much more sanguine about that. This has got to reflect tomorrow in the ...

The price action in global equities has been interesting lately and we are at a fantastic inflection point. There are multiple triggers to support reasonably big move in either direction and traders would do well to take a notice. My bias is on the downside but as I explain in the video, yours doesn't have to be. Watch the video for short term targets

This one has clearly and cleanly broken out of the Bollinger bands. More importantly it has also broken out of the downward channel decisively. Great risk reward on the long side. Target 30700 SL below 28000

Nifty closed the session today almost resting on 200 SMA on daily chart. This also happens to be long term resistance level that should turn into a strong support. Long initiated at this level, ~ 10170, should target 10450 for short term trade with SL 10065. This is not trend reversal at this point. Just a quick bounce.

Most overbought ever...at least till 1970's If that's not enough please humor me. What's funny is everyone in the mainstream is defending. Including Warren Buffett. https://www.cnbc.com/2017/10/03/billionaire-warren-buffett-says-stock-valuations-make-sense-with-interest-rates-where-they-are.html And this is the response from Cliff ...

VEDANTA is deliciously poised at 200 SMA. It's been following the metals index as expected. After a correction following strong rally, this ting is poised to bounce back. 300 at least.

Sell on rally market now. Looking at the way US markets are going a little bounce may be expected tomorrow. But that's a dead cat bounce. Sell Nifty around 10200 if it gets somewhere around there. 9700 should be the target

It's been a difficult few days for Indian markets. But tomorrow, Friday 17th Nov, promises to be very very good. It's still a bull market. And now we have a confirmation of short term bottom. 10450 should be given as it is. Not necessarily tomorrow but at least in next 3-4 sessions. Given how things are panning out in the US markets, I wouldn't be surprised if ...

Purely on the basis of charts, this one could return 200% in a few months! If it comes down to 35, BUY!! Hold till 150..rather 140..just shy. 200 is possible depending on the follow through. Downtrodden but not out. Price action looks ripe. Caution! I haven't done any fundamental research on this one.

Clear breakout. NOT a leveraged trade. Strictly cash. But should give a handsome reward. Cheers!

Pharma stocks have been doing ok for some time now. Considering the fact that they were coming from dead, there was still a lot of skepticism around though. Today pharma had a break out day that should covert the non-believers. While the likes of DIVISLAB and AUROPHARMA has a day in the Sun, there are better bets out there. GLENMARK here has just broken out and ...

This stock has run up like no tomorrow lately. Was a great run. Hope our community made some money off of it. If not, worry not. Here is your chance! Clear path to ~760, about 100 points down, is visible here. Considering the overall bias that I have ( see the related trades), this one seems to be a very good short candidate. If things pan out, this one will ...

While the developed markets, lead by the US, have been making highs upon highs, things are not so hunky dory in EMs. See my commentary on global risk in related risk on 12-Sep-17 in related ideas below. It worked out rather well. The Indian stock market has been under performing global one for some time now. It was not too bad as long as the Nifty 0.09% was ...

Global commodity market, especially the metals, is going great guns. That rally has reflected in Indian commodity stocks too. After a brief correction from overbought zone and a bounce from 20 day MA, Vedanta looks set to continue the rally. Immediate target 335

Price action should find some support a the current levels. It's oversold and at previous support level. Also the news today should be very much positive for the company. I with 77.5 call at 3.4. Expect spot to reach 85 in next couple of weeks. That is almost 10% upside on the spot.

After the fox paus of North Korea, and despite the best efforts of US admin to fuck things up, normalcy is restored. Normalcy by definition is abnormal though these days. So be on your tows. Over next few days, week or two, it's the most bullish of bull market all around! Medium to long term is unknown. But it's great time to make some money in short term. For ...

HDFCBANK has been a very strong trend. Coupled with low vol! So when a stock like that makes a break out, we better notice. 1860 from this level is pretty much risk free and 1950 is a very reasonable target.

MARUTI has been in a very strong up trend throughout the year. After consolidation this stock usually has a rapid surge up. The period of consolidation seems to be over in fact the only thing blocking this move so far was the expiry yesterday in my opinion. Anyways, If the patter holds, this thing could move to 8200 relatively fast. I would probably wit for it to ...