BUY ENGINEERS INDIA

GAIL TREND REVERSAL SEEN?

Bharat Forge Saw Same Kind of Trend Change in August & Stock has rallied more than 50% since

http://trendzofmarket.blogspot.in/2013/08/bulls-are-trying-to-kickstart-bharat.html 

Can GAIL Repeat What Bforge Did ??

 

To be very Frank , I'm not a Big Fan of This Stock :-)

 

NIFTY NEAR TO AL TIME HIGHS . HOW U WANT TO POSITION YOUR SELF

You can buy the report for a Base Price of Rs 1250 only .  plz mail to trendzofmarket@gmail.com to buy this report

this are the topics which you will get from my report

The Nifty is in kissing distance of the 2008 highs at 6357.
But what is surprising is that volumes have not been on the supporting side in the last move from 5700 to 6200.

On a long term seasonal basis what we have seen is November-Jan is generally a a good period for broader markets but also at times a topping out period (some may attribute it to Diwali and so on ).

So one needs to trade quickly in this period and focus on stock specific ideas than on index trades. The lack of action will juice out all the shorts in the system and continue the slow and sideways action.
The strategy on Nifty should be to look for sell around 6300-6400 levels and buy stocks for quick trades. 


Looking at the above technical picture of Nifty and broader markets we believe the strategy should be to go stock specific. Also Mid-caps and Small-caps are still at 4500-5000 levels of Nifty. This may create a lot of stock specific trading opportunities in coming 2-4 weeks.
There could be some stock specific corrections in Nifty stocks and some sharp moves as well.
At the same time we expect action to shift to mid cap stocks which have been consolidating for a long time due to the under-performance of the Mid-cap Index with the Sensex/Nifty.
Also generally this is also the time when a lot of small caps tend to move sharply giving excellent trading opportunities.

We have also covered a few techno funda bets and turnaround stocks.
Hence we have come out with a detailed report covering possible actionable trades in the report below.

Main Sections and Type of Ideas discussed are
1) Nifty 50 – Actionable Trades ( Long / Short ) and Nifty Detailed View
2) Midcap Technical Picks
3) Techno- Funda Bets
4) High Risk Momentum Trades in Smallcaps
5) Turnaround Stories
6) Concept Companies



You can buy the report for a Base Price of Rs 1250 only . 

IS GE SHIPPING GETTING READY FOR BIG 40 % MOVE?

Is GE Shipping Buy, Sell or Avoid? Well – Here’s what charts are saying

GE Shipping Weekly Chart

 

As you can see in the chart above: GE Shipping bottomed out much before market. It formed a base and then made a stunning up move for weeks. The rally from 210 to 290 appears quite strong and has come on back of improvement in sentiment on all shipping stocks globally – thanks to turnaround in China growth. Just look at the Baltic Dry Index weekly chart – a measure of shipping rates and how it has broken out in recent past

 

Shipping stocks have become investors favorite globally and that might be helping GE Shipping, but here’s the problem. We don’t know whether this is just one off rally more like mean reversion move or this turnaround is for real and long lasting. Remember GE Shipping has not made any real sustainable move since 2011 and all rallies have terminated at 300. See the weekly chart below

Can it be different this time?
We don’t know yet. Today GE Shipping was down and closed at 280. On Weekly chart – GE Shipping has started doing Bullish Consolidation i.e. it is not selling off at resistance but has turned sideways and absorbing all the supply. Technically, that’s positive and stocks generally lead to breakout on the upside.

How should one play?
Assume that GE Shipping is not done with the upside and stock still has significant upside left. Also, Assume that since stock made a big 38% move recently – it may do long consolidation i.e. stock may do nothing for weeks before making fresh move. And based on this assumption – one can build long position on declines near 275 with stop loss below 264 and target of 40% up move. The only issue – you may have to wait for weeks before stock makes a move and can be frustrating.ONLY GET INTO THIS STOCK IF YOU HAVE REAL PATIENCE AND IF YOU ARE READY TO WAIT AND GET FRUSTRATED .PATIENCE WILL PAY

 

FLAG BREAK OUT IN SESA GOA

Sesa Goa has broken out of Bullish Pennant Pattern and it does not surprise . I had covered the stock a month back to buy at 175 stock now crosses 194 still look highly bullish
http://trendzofmarket.blogspot.in/2013/09/is-sesagoa-turning-around.html 

LETS CHECK THE NEW DEVELOPMENT IN THE STOCK 

What is a Bullish Pennant Pattern?

A continuation pattern in technical analysis formed when there is a large movement in a stock, the flagpole, followed by a consolidation period with converging trendlines, the pennant, followed by a breakout movement in the same direction as the initial large movement, the second half of the flagpole ~ As per Investopedia

Technical Characteristics:

Formation of Flagpole: To be considered a continuation pattern, there should be evidence of a prior trend. A sharp advance is must before the formation of pennant. The Sharp advance looks like a Flagpole

Pennant: A pennant is a small symmetrical triangle that begins wide and converges as the pattern matures. The price action remains within the converging trend lines. pennants are short-term patterns that can last from 1 to 12 weeks
Once a pattern is in place – one should watch for Breakout from the Pennant.

Here’s the Sesa Goa Chart doing the same

 

 There is a Flagpole and formation of pennant from which stock broke out this week and on good volumes. The stock can shock on the upside. The breakout is not surprising and I covered the stock a month back.

http://trendzofmarket.blogspot.in/2013/09/is-sesagoa-turning-around.html 

HOW TO TRADE ULTRA TECH CEMENT AHEAD OF ITS RESULTS

VERY WEAK RESULTS BY ULTRATECH CEMENTS !! AS EXPECTED ;-)
profit.ndtv.com/news/corporates/article-ultratech-cement-q2-profit-halves-on-subdued-demand-369897 …

MAIL SENT TO CLIENTS FRIDAY AFTER NOON
HOW TO TRADE
ULTRA TECH CEMENT AHEAD OF ITS RESULTS TOMORROW

AS  SL IS NEARLY 90 RS AWAY IT VERY RISKY TO SHORT IN FUT
HIGH RISK TRADERS CAN  SELL AT CMP 1990  TGT 1800-1700 SL 2075  IF SL HIT LOSS WOULD BE 10000 RS SO ITS ONLY ADVISABLE FOR VERY HIGH RISK TRADERS

REWARD WILL BE LESSER   TRADERS PLZ BUY 1900 PE CMP 18 RS LOT SIZE 125   SL WILL BE 2075 IN CASH MARKET

TATA STEEL HEAD AND SHOULDER BREAK OUT

MSG GIVEN TO CLINETS 1 HOUR BACK TO BUY

BUY TATA STEEL 330 CA @ 6.26 SL CLOSE BELOW 308 IN CASH  TGT 10-15 LOT SIZE 1000

WHILE UPDATING THIS BLOG 33A CA  ALMOST HIT MY FIRST TARGET  HIT 9.60