Monday, December 6, 2010
Saturday, October 30, 2010
Wednesday, September 29, 2010
Wednesday, September 8, 2010
Investogyan Video Newsletter!!!!
Friends
We have started a Video Newsletter . Please visit www.investogyan.com to download it.
Regards
CA Rajiv D Khatlawala
We have started a Video Newsletter . Please visit www.investogyan.com to download it.
Regards
CA Rajiv D Khatlawala
Monday, September 6, 2010
Saturday, August 28, 2010
A downtrend 'here too' ?!?!
I am sure all blog readers are getting the market 'right'!
Let me share with you something- Not only did the NIFTY see an intraday downtrend; EVEN the number of blog hits on this blog has nosedived from average 100 to current average 22.
Woops . . . But this is,in a way, understandable. Traders and investors across the globe are used to 'free stuff'. Anyway , I should soon restart my earlier blogging on markets and indices .
CA Rajiv D Khatlawala
www.investogyan.com
Let me share with you something- Not only did the NIFTY see an intraday downtrend; EVEN the number of blog hits on this blog has nosedived from average 100 to current average 22.
Woops . . . But this is,in a way, understandable. Traders and investors across the globe are used to 'free stuff'. Anyway , I should soon restart my earlier blogging on markets and indices .
CA Rajiv D Khatlawala
www.investogyan.com
Monday, August 23, 2010
BPCL / Ap TYRES .... TARGET ACHIEVED !!
BPCL was recommended in StockSelect Service on 10th Aug at a price of Rs 655/- ... Today it surpassed out target and is right now at Rs 760 (in 9 trading days!!!!!)
Ap Tyres suggested on 13th at Rs 66 target reached today (23rd) .. 16% gain!!
All paid subscribers - expect more action in recommended stocks!!!!!
CA Rajiv D Khatlawala
www.investogyan.com
Ap Tyres suggested on 13th at Rs 66 target reached today (23rd) .. 16% gain!!
All paid subscribers - expect more action in recommended stocks!!!!!
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, August 19, 2010
AGAIN !! 13.5% rally in TWO days
One Airline stock recommended two days back (guessed ?) rallied by more than 13% today and hit target . . . AND my Nifty target too was achieved today (100 point in 2 days)
Well. . .Aren't you all missing some good moves !
CA Rajiv D Khatlawala
www.investogyan.com
Well. . .Aren't you all missing some good moves !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, August 17, 2010
6% rally in one day !!!!
One stock (Midcap) recommended yesterday evening , rallied 6% in a dull market today. The other stocks too are doing quite well.
One of the subscriber from North India says "I recovered your 3 mth fees from only two of your recommendations!"
Well, Thanks for the comments !
CA Rajiv D Khatlawala
www.investogyan.com
One of the subscriber from North India says "I recovered your 3 mth fees from only two of your recommendations!"
Well, Thanks for the comments !
CA Rajiv D Khatlawala
www.investogyan.com
Monday, August 16, 2010
Target Reached 19% gain
While most of the StockSelect recommendations given in last two weeks (since we started) have been giving 3-5% returns (except one), one midcap stock achieved our target today with a gain of 19%!! (it was one of the top gainers today )
CA Rajiv D Khatlawala
CA Rajiv D Khatlawala
Friday, August 13, 2010
SAMPLE StockSelect Reco
Dear Blogreaders,
Below is given the Sample of StockSelect Recommendations as requested by some of you via email / blog.
You may note that the sample is a fair representation of the total recommendations.
If you have not yet subscribed , you are surely missing good moves!
Regards,
CA Rajiv D Khatlawala
www.investogyan.com
Below is given the Sample of StockSelect Recommendations as requested by some of you via email / blog.
You may note that the sample is a fair representation of the total recommendations.
If you have not yet subscribed , you are surely missing good moves!
Regards,
CA Rajiv D Khatlawala
www.investogyan.com
Monday, August 9, 2010
StockSelect Recommendations !
The StockSelect Recommendations of the past week (first week) are doing quite well.... Moreover our Nifty view too is giving subscribers a guidance...
If you have not yet subscribed, Join now...
CA Rajiv D Khatlawala.
www.investogyan.com
"Its important to take advice BEFORE, not after, you trade"
If you have not yet subscribed, Join now...
CA Rajiv D Khatlawala.
www.investogyan.com
"Its important to take advice BEFORE, not after, you trade"
Friday, August 6, 2010
Thursday, August 5, 2010
StockSelect Recommendations !
The StockSelect recommendations have got off very well.... in fact two recommendations have given 7% + returns !
If you have still not subscribed , hurry!!
CA Rajiv D Khatlawala
www.investogyan.com
If you have still not subscribed , hurry!!
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, August 4, 2010
Tuesday, August 3, 2010
Monday, August 2, 2010
StockSelect Service - Last day for IntroOffer
Dear Blog readers,
Today is the last day for the introductory low prices of StockSelect Service ... Take advantage of it. (Tomm onwards 'inflation' may hit you )
Regards
CA Rajiv D Khatlawala
Today is the last day for the introductory low prices of StockSelect Service ... Take advantage of it. (Tomm onwards 'inflation' may hit you )
Regards
CA Rajiv D Khatlawala
Friday, July 30, 2010
StockSelect Service Starts MONDAY
Hello Friends,
The StockSelect Service will start on Monday Aug 2nd.
If you have not yet registered , do so immediately!
Expecting a good response from all of you !!
Regards,
CA Rajiv D Khatlawala
www.investogyan.com
The StockSelect Service will start on Monday Aug 2nd.
If you have not yet registered , do so immediately!
Expecting a good response from all of you !!
Regards,
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, July 29, 2010
Nice moves in SelectStocks
Friends,
I am sure you all are subscribing for the StockSelect Service. While I have received many emails, i am awaiting large scale participation ... So do hurry up!
Incidentally, I presume a lot of stocks have started giving 'triggers' on my radar- many of them today itself!
Hope to share these with all my subscribers!
CA Rajiv D Khatlawala
www.investogyan.com
I am sure you all are subscribing for the StockSelect Service. While I have received many emails, i am awaiting large scale participation ... So do hurry up!
Incidentally, I presume a lot of stocks have started giving 'triggers' on my radar- many of them today itself!
Hope to share these with all my subscribers!
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, July 28, 2010
StockSelect Service ..HURRY UP FOLKS !
Dear Friends,
The StockSelect Service is for YOU and was designed because of your demand!
Hurry up for registrations ....
Introductory Offer only for subscriptions paid in July. . .
CA Rajiv D Khatlawala
www.investogyan.com
The StockSelect Service is for YOU and was designed because of your demand!
Hurry up for registrations ....
Introductory Offer only for subscriptions paid in July. . .
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, July 27, 2010
StockSelect Registrations Open!
Hello Friends,
Please make sure that you register for the StockSelect by 29th July at the special introductory rates. Registrations after that date may not get the introductory price.
Call us at 97234 66285 / 0265-23 23 416
CA Rajiv D Khatlawala
www.investogyan.com
Please make sure that you register for the StockSelect by 29th July at the special introductory rates. Registrations after that date may not get the introductory price.
Call us at 97234 66285 / 0265-23 23 416
CA Rajiv D Khatlawala
www.investogyan.com
Monday, July 26, 2010
Friday, July 23, 2010
Market View for Fri / Next Week
Presentation Transcript
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For FRI 23rd July 2010 :Quick Market Overview For FRI 23rd July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
StockSelect Service :StockSelect Service Registrations have started and many blog readers have started the process of registration. In case of any difficulty please call us at +91 97234 66285 OR 0265 – 2323 416
Slide 4:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades Nifty opened strong after overnight gains in US markets. However upmoves saw selling pressure and it has closed almost flat, ahead of a weekend Telecom stocks saw good buying today , but I was observing that there are more scrip-specific movements European markets are sharply higher today gaining more than 2%.
NIFTY The Technical picture :NIFTY The Technical picture
In Conclusion :In Conclusion My intraday participants surely could trade the downside since morning Nifty’s close on weekly basis is positive and the weekly charts too are suggesting a further upmove in weeks to come. Among the sectors, watch the Metals space where activity should gain momentum, as international Metals are also finding buying interest.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For FRI 23rd July 2010 :Quick Market Overview For FRI 23rd July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
StockSelect Service :StockSelect Service Registrations have started and many blog readers have started the process of registration. In case of any difficulty please call us at +91 97234 66285 OR 0265 – 2323 416
Slide 4:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades Nifty opened strong after overnight gains in US markets. However upmoves saw selling pressure and it has closed almost flat, ahead of a weekend Telecom stocks saw good buying today , but I was observing that there are more scrip-specific movements European markets are sharply higher today gaining more than 2%.
NIFTY The Technical picture :NIFTY The Technical picture
In Conclusion :In Conclusion My intraday participants surely could trade the downside since morning Nifty’s close on weekly basis is positive and the weekly charts too are suggesting a further upmove in weeks to come. Among the sectors, watch the Metals space where activity should gain momentum, as international Metals are also finding buying interest.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Thursday, July 22, 2010
StockSelect Service Launched !
Hello Blog Readers,
The much awaited StockSelect Service has been launched ... Get details at www.investogyan.com
Take the opportunity of the introductory offer !
CA Rajiv D Khatlawala
www.investogyan.com
The much awaited StockSelect Service has been launched ... Get details at www.investogyan.com
Take the opportunity of the introductory offer !
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, July 21, 2010
Monday, July 19, 2010
Market View for 19th July 2010
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For MON 19th July 2010 :Quick Market Overview For MON 19th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Slide 4:3-DAY OPTIONS TRADING WORKSHOP Starts tomorrow Tue 20th July (6pm to 8.30 pm each day) To register Call 23 23 416
Key highlights of today’s Trades :Key highlights of today’s Trades While we were expecting that the Indian market will absorb the ‘Friday fall’ in Dow, It was relatively a sideway movement today. Midcap Banking / Metals counters were quite active today While market breadth was weak , the overall volumes was not higher. European markets opened steady while Dow futures were also in the green at 3pm IST
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion The Nifty is consolidating in sideway move and I maintain my ‘signal level’ as 5430 on closing for Nifty upmove to start. Keep a watch on the metals counters – especially the midcaps. Those of you who trade Gold, may keep a watch on the $1185 level.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Quick Market Overview For MON 19th July 2010 :Quick Market Overview For MON 19th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Slide 4:3-DAY OPTIONS TRADING WORKSHOP Starts tomorrow Tue 20th July (6pm to 8.30 pm each day) To register Call 23 23 416
Key highlights of today’s Trades :Key highlights of today’s Trades While we were expecting that the Indian market will absorb the ‘Friday fall’ in Dow, It was relatively a sideway movement today. Midcap Banking / Metals counters were quite active today While market breadth was weak , the overall volumes was not higher. European markets opened steady while Dow futures were also in the green at 3pm IST
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion The Nifty is consolidating in sideway move and I maintain my ‘signal level’ as 5430 on closing for Nifty upmove to start. Keep a watch on the metals counters – especially the midcaps. Those of you who trade Gold, may keep a watch on the $1185 level.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friday, July 16, 2010
Analysis for July 16th
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For FRI 16th July 2010 :Quick Market Overview For FRI 16th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades The markets continued to consolidate today too but there were some ‘technical’ indications of ‘preparing’ for a rise. Next week will tell us Action remained in midcaps European markets opened positive helping markets recover a bit. The EuroUSD touched my second target of just near 1.30!
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion I presume the Nifty may be readying for an upmove next week. A close above 5430 should be the signal to us. We expect the next week to be more scrip specific (Pl note: One Weekend Technical Trading Workshop starts tommorow)
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Quick Market Overview For FRI 16th July 2010 :Quick Market Overview For FRI 16th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades The markets continued to consolidate today too but there were some ‘technical’ indications of ‘preparing’ for a rise. Next week will tell us Action remained in midcaps European markets opened positive helping markets recover a bit. The EuroUSD touched my second target of just near 1.30!
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion I presume the Nifty may be readying for an upmove next week. A close above 5430 should be the signal to us. We expect the next week to be more scrip specific (Pl note: One Weekend Technical Trading Workshop starts tommorow)
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Thursday, July 15, 2010
Market Overview for July 15th
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For THU 15th July 2010 :Quick Market Overview For THU 15th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades The markets consolidates just below the 5400 resistance level OIL PSUs and Sugar counters down on profit booking. Even Telecom sector stocks witness selling pressure. The overall advance to decline ratio is weaker Average volumes in market today
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion The markets shows some nervousness at 5400 levels Sectorwise expect some movement in select metal stocks, including the large caps In the currency space, expect some movement in the EUROJPY currency pair. Technical charts look positive
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Quick Market Overview For THU 15th July 2010 :Quick Market Overview For THU 15th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades The markets consolidates just below the 5400 resistance level OIL PSUs and Sugar counters down on profit booking. Even Telecom sector stocks witness selling pressure. The overall advance to decline ratio is weaker Average volumes in market today
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion The markets shows some nervousness at 5400 levels Sectorwise expect some movement in select metal stocks, including the large caps In the currency space, expect some movement in the EUROJPY currency pair. Technical charts look positive
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Wednesday, July 14, 2010
Market Overview of July 14th
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Wed 14th July 2010 :Quick Market Overview For Wed 14th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades The Nifty , after opening in up gap, could not sustain beyond 5450 (indicated yesterday) and closed negative. Market breadth was negative and the overall volumes were high. CNXIT index contniued to fall today too and closed weaker by 1.5% European markets opened steady after a rise yesterday. In fact EuroUSD rallied near to my target above 1.2725 after Greek Bonds got good response yesterday from international investors.
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in One ADAG group stock which took a beating recently, should see some bounce back… I am sure you have guessed it!!
In Conclusion :In Conclusion Nifty tests 5450 but closed below 5400. Overall structure remains positive. Expect some further correction in Banking counters and watch the 9900 level for BankNifty. In the currency space, short term traders may book profit in EuroUSD above 1.2750.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Quick Market Overview For Wed 14th July 2010 :Quick Market Overview For Wed 14th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades The Nifty , after opening in up gap, could not sustain beyond 5450 (indicated yesterday) and closed negative. Market breadth was negative and the overall volumes were high. CNXIT index contniued to fall today too and closed weaker by 1.5% European markets opened steady after a rise yesterday. In fact EuroUSD rallied near to my target above 1.2725 after Greek Bonds got good response yesterday from international investors.
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in One ADAG group stock which took a beating recently, should see some bounce back… I am sure you have guessed it!!
In Conclusion :In Conclusion Nifty tests 5450 but closed below 5400. Overall structure remains positive. Expect some further correction in Banking counters and watch the 9900 level for BankNifty. In the currency space, short term traders may book profit in EuroUSD above 1.2750.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Tuesday, July 13, 2010
Market view for July 13 Tuesday
TRANSCRIPT OF JULY 13 MARKET VIEW
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Tue 13th July 2010 :Quick Market Overview For Tue 13th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades Nifty has once again closed just near 5400. I presume the bias is towards upward breakout – so hold your longs! I am sure most of my participants had a field day today! Midcaps rallied ! Unitech and Suzlon discussed in my previous blogs were major gainers today! IT stocks fall on weak Infy results European markets rise more than 1.5% on opening trades
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – Keep an eye on ADAG stocks Metal stocks likely to rise in coming days As discussed yesterday, watch Reliance now. A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion The momentum is biased on upside and a rise near to 5450+ likely. Mid Caps should continue to rise. For the next couple of days, trading can be done in the large caps too along with the Midcaps.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Tue 13th July 2010 :Quick Market Overview For Tue 13th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades Nifty has once again closed just near 5400. I presume the bias is towards upward breakout – so hold your longs! I am sure most of my participants had a field day today! Midcaps rallied ! Unitech and Suzlon discussed in my previous blogs were major gainers today! IT stocks fall on weak Infy results European markets rise more than 1.5% on opening trades
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – :Stock Select – Keep an eye on ADAG stocks Metal stocks likely to rise in coming days As discussed yesterday, watch Reliance now. A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in
In Conclusion :In Conclusion The momentum is biased on upside and a rise near to 5450+ likely. Mid Caps should continue to rise. For the next couple of days, trading can be done in the large caps too along with the Midcaps.
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Monday, July 12, 2010
Market View - July 12 - Nifty/ RIL etc
Transcript of July 12 audiovisual
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Mon 12th July 2010 :Quick Market Overview For Mon 12th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades As expected, the Nifty did get resistance near its previous high. Specific Sectors and Midcaps stocks rise Index heavyweights, however do not show strength European markets open on a steady note
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – Reliance :Stock Select – Reliance
In Conclusion :In Conclusion Watch the 5400 resistance indicated on Friday Concentrate on Midcap counters Commodities and Currency markets are poised to take some correction in near term. Those of you who have positions… keep a sharp eye!
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Mon 12th July 2010 :Quick Market Overview For Mon 12th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades As expected, the Nifty did get resistance near its previous high. Specific Sectors and Midcaps stocks rise Index heavyweights, however do not show strength European markets open on a steady note
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – Reliance :Stock Select – Reliance
In Conclusion :In Conclusion Watch the 5400 resistance indicated on Friday Concentrate on Midcap counters Commodities and Currency markets are poised to take some correction in near term. Those of you who have positions… keep a sharp eye!
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friday, July 9, 2010
Market overview for July 9
Transcript of Audiovisual
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Fri 9th July 2010 :Quick Market Overview For Fri 9th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades At last , the market broke out of the range and closed higher at 5350+ levels Overall volumes have risen compared to last few days which is positive signal Telecom stocks rally more than 7% on re-rating by a leading FII IMF raises the GDP forecast for India to 9.5%
NIFTY The Technical picture :NIFTY The Technical picture
Commodity Select – Steel Long (NCDEX) :Commodity Select – Steel Long (NCDEX)
In Conclusion :In Conclusion Now that the break out of the trading range has occurred , watch the 5400 resistance Midcap counters likely to show activity The weekly charts are turning about after a long stagnation, and so a break beyond 5400 should be a signal of further bullishness
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Fri 9th July 2010 :Quick Market Overview For Fri 9th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades At last , the market broke out of the range and closed higher at 5350+ levels Overall volumes have risen compared to last few days which is positive signal Telecom stocks rally more than 7% on re-rating by a leading FII IMF raises the GDP forecast for India to 9.5%
NIFTY The Technical picture :NIFTY The Technical picture
Commodity Select – Steel Long (NCDEX) :Commodity Select – Steel Long (NCDEX)
In Conclusion :In Conclusion Now that the break out of the trading range has occurred , watch the 5400 resistance Midcap counters likely to show activity The weekly charts are turning about after a long stagnation, and so a break beyond 5400 should be a signal of further bullishness
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Thursday, July 8, 2010
Market view july 8
Transcript of AudioVisual
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Thu 8th July 2010 :Quick Market Overview For Thu 8th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades Markets open in up gap and attempt a break beyond 5310 The overall range of 5310 – 5220 still holds Oil PSUs find buying interest again Buying interest seen in select mid-caps
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – Unitech :Stock Select – Unitech
In Conclusion :In Conclusion The markets range remain intact between 5310 and 5220 Midcap counters show activity A clear cut market direction is yet to come and till that time better to trade intraday In commodites markets watch for movement in Copper and Zinc!
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Friends, :Friends, PLEASE SWITCH ON YOUR SPEAKERS ValueTrade Academy Pvt Ltd Creating Educated Investors
Quick Market Overview For Thu 8th July 2010 :Quick Market Overview For Thu 8th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
Slide 3:To attend our Practical workshops on Technical Analysis Call us at 97234 66285 / 0265- 2323416
Key highlights of today’s Trades :Key highlights of today’s Trades Markets open in up gap and attempt a break beyond 5310 The overall range of 5310 – 5220 still holds Oil PSUs find buying interest again Buying interest seen in select mid-caps
NIFTY The Technical picture :NIFTY The Technical picture
Stock Select – Unitech :Stock Select – Unitech
In Conclusion :In Conclusion The markets range remain intact between 5310 and 5220 Midcap counters show activity A clear cut market direction is yet to come and till that time better to trade intraday In commodites markets watch for movement in Copper and Zinc!
THANK YOUwww.investogyan.comCreating Educated Investors :THANK YOUwww.investogyan.comCreating Educated Investors
Wednesday, July 7, 2010
Tuesday, July 6, 2010
Friday, July 2, 2010
Thursday, July 1, 2010
Wednesday, June 30, 2010
Tuesday, June 29, 2010
SBI - tough resistance !
The Nifty opened lower and later during the end of the day, broke the crucial weekly support of 5250... But I am sure my INTRADAY Participants would have earned nicely today !! It seems every day is a new day and we must approach the markets as such!
SBI has fixed the base rate (lending rate) at 7.5% (from July 1) and henceforth the borrowers will be able to avail loans on rates linked to this base rate... This should have the effect of higher interest rate cost to corporate India.
SBI the scrip is currently facing resistance at Rs 2390+ levels for the past few weeks and crossing that level is getting tough. After the base rate announcement, the scrip saw some selling pressure / profit booking and it has closed lower at 2290/-.
Consider support as crucial at 2265 and a close below this level can take the scrip towards 2100 or lower levels in coming days.
Investors holding the stock may want to book profits and exit for the time being. . .
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors
SBI has fixed the base rate (lending rate) at 7.5% (from July 1) and henceforth the borrowers will be able to avail loans on rates linked to this base rate... This should have the effect of higher interest rate cost to corporate India.
SBI the scrip is currently facing resistance at Rs 2390+ levels for the past few weeks and crossing that level is getting tough. After the base rate announcement, the scrip saw some selling pressure / profit booking and it has closed lower at 2290/-.
Consider support as crucial at 2265 and a close below this level can take the scrip towards 2100 or lower levels in coming days.
Investors holding the stock may want to book profits and exit for the time being. . .
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors
Monday, June 28, 2010
Reliance - the next move ?
In my previous blog, I had indicated that the Nifty support is crucial at 5250 and that the weekly 'doji' will get confirmed once this level is broken.... Well, the markets refuse to become bearish just yet! ..
So watch the resistance of 5360-85 and remain long till 5250 is broken. . .
One stock which was on my radar for some time is index-heavyweight Reliance Industries. It has closed just near to the resistance level of 1095/-
A break above Rs 1100/- should technically bring in new buying interest and when this happens with volumes our next immediate target will become 1145.. A break beyond that level will open up fresh possibilities!!
Now, I wonder, if Reliance is likely to turn bullish, Nifty surely will not go the other side ....
And incidentally, many stocks discussed here are achieving targets and I am finding many new stocks which can return good money ...
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors
"If not the GODS, put the ODDS on your side"
So watch the resistance of 5360-85 and remain long till 5250 is broken. . .
One stock which was on my radar for some time is index-heavyweight Reliance Industries. It has closed just near to the resistance level of 1095/-
A break above Rs 1100/- should technically bring in new buying interest and when this happens with volumes our next immediate target will become 1145.. A break beyond that level will open up fresh possibilities!!
Now, I wonder, if Reliance is likely to turn bullish, Nifty surely will not go the other side ....
And incidentally, many stocks discussed here are achieving targets and I am finding many new stocks which can return good money ...
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors
"If not the GODS, put the ODDS on your side"
Friday, June 25, 2010
Caution Ahead - "Gravestone Doji"!!!!
For the Indian stock markets the 18000 resistance seems to be a strong one to surpass. Not only technically but even fundamentally, the reasons for a sustained rise are getting lesser and lesser.
On the Weekly Price charts, Nifty has made what is known as ‘gravestone doji’. This is a reversal pattern in candlestick terminology.
A Break below 5250 may be considered signs of weakness and a further fall towards 5150 – 5040 cannot be ruled out.
Upper side moves have resistance near 5360-5375 levels which are quite difficult to surpass. In fact the techno-fundamental structure of the market is such that even if there is an upward break out (for some reason) one should still remain skeptical of the same.
Investors would do well in protecting their profits while traders may want to play the downside up to 5040 initially. Overall trend is likely to remain sideways between 4900 and 5300 till either of the extreme values are broken with volumes
Happy profit booking !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors
"If not the GODS, put the ODDS on your side"
On the Weekly Price charts, Nifty has made what is known as ‘gravestone doji’. This is a reversal pattern in candlestick terminology.
A Break below 5250 may be considered signs of weakness and a further fall towards 5150 – 5040 cannot be ruled out.
Upper side moves have resistance near 5360-5375 levels which are quite difficult to surpass. In fact the techno-fundamental structure of the market is such that even if there is an upward break out (for some reason) one should still remain skeptical of the same.
Investors would do well in protecting their profits while traders may want to play the downside up to 5040 initially. Overall trend is likely to remain sideways between 4900 and 5300 till either of the extreme values are broken with volumes
Happy profit booking !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors
"If not the GODS, put the ODDS on your side"
Thursday, June 24, 2010
Will Euro fuel the Nifty ?
The Nifty remained more or less rangebound as expected on a settlement day. . . Watch the 5260 level for next couple of days...
The EuroUSD seems to be stabilising now (it was expected, especially since 'experts' started discussing about Euro Dollar Parity!!)
The EuroUSD pair seems to be developing a set up for a rebound and I expect that a break above 1.2450 should give the necessary boost. On break out expect immediate targets near 1.2750 and then beyond!
Stops need to be at 1.2270.
In recent past, the Indian markets had taken a beating whenever the Euro fell and so if Euro starts rising, we should 'logically' see an upward bias in the stock markets ... But then, didn't we see some 'decoupling' of Indian markets in last few days ???
The confusion prevails... Markets often do the reverse than what 'logic' suggests !! Keep your fingers crossed!
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors!
"If not the GODS, put the ODDS on your side"
The EuroUSD seems to be stabilising now (it was expected, especially since 'experts' started discussing about Euro Dollar Parity!!)
The EuroUSD pair seems to be developing a set up for a rebound and I expect that a break above 1.2450 should give the necessary boost. On break out expect immediate targets near 1.2750 and then beyond!
Stops need to be at 1.2270.
In recent past, the Indian markets had taken a beating whenever the Euro fell and so if Euro starts rising, we should 'logically' see an upward bias in the stock markets ... But then, didn't we see some 'decoupling' of Indian markets in last few days ???
The confusion prevails... Markets often do the reverse than what 'logic' suggests !! Keep your fingers crossed!
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors!
"If not the GODS, put the ODDS on your side"
Wednesday, June 23, 2010
Suzlon - Change of Wind ahead
The Nifty seems to have become resilent to the world markets ... Just when every one started keeping track of the 'world events' the Indian markets (meaning , the big players) decoupled themselves. . . And believe me - the analysts in the media will now argue their heads off as to how there is a 'fundamental' shift !
Prices will tell everything... is my strong belief. For instance in my derivatives workshop just a couple of days back, we discussed and analysed that Unitech which was at Rs 73, should go beyond Rs 76 before June expiry... In fact, as a example of the practicality of my workshops, we even traded options on this basis! Price behavior gave us traders the signs - to catch!
Anyway, one stock which is still on my radar is SUZLON. I had analysed the scrip on this blog a few days back.
I expect that a break above Rs 58.50 will give the needed 'momentum' to the stock. Those holding it may continue it . . . Target remains !
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors!
Prices will tell everything... is my strong belief. For instance in my derivatives workshop just a couple of days back, we discussed and analysed that Unitech which was at Rs 73, should go beyond Rs 76 before June expiry... In fact, as a example of the practicality of my workshops, we even traded options on this basis! Price behavior gave us traders the signs - to catch!
Anyway, one stock which is still on my radar is SUZLON. I had analysed the scrip on this blog a few days back.
I expect that a break above Rs 58.50 will give the needed 'momentum' to the stock. Those holding it may continue it . . . Target remains !
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Creating Educated Investors!
Tuesday, June 22, 2010
MLL - ready to sail . .
The Nifty remained more or less range bound today and the intraday bais was downward. No doubt, my intraday participants would have traded well today too though the profits may not have been phenomenal.
MLL (Mercator Liners) is one midcap stock which seems to have 'bottomed' out. It has tested support at Rs 42 in the past and rebounded.
At the current juncture, it took support again at Rs 42 nearabout levels and is currently quoting at Rs 47/-. A break above Rs 48/- should given the necessary fillip.
Buy on break above Rs 48 with a stoploss near Rs 44 for a target near to Rs 55/- in medium term.
The option trade which we discussed in my 'Practical Options trading' course yesterday - moved exactly as discussed !
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
MLL (Mercator Liners) is one midcap stock which seems to have 'bottomed' out. It has tested support at Rs 42 in the past and rebounded.
At the current juncture, it took support again at Rs 42 nearabout levels and is currently quoting at Rs 47/-. A break above Rs 48/- should given the necessary fillip.
Buy on break above Rs 48 with a stoploss near Rs 44 for a target near to Rs 55/- in medium term.
The option trade which we discussed in my 'Practical Options trading' course yesterday - moved exactly as discussed !
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Monday, June 21, 2010
GVK Power . near break out!
The Nifty opened above the resistance level indicated on Friday as China let its Yuan appreciate against the dollar. . . The world markets seems to have made a U turn last week and this was clearly visible once the 5150 level weas broken upwards. .
I am not suprised by the rise, but I am surely surprised by the speed of the rise... Intraday traders (who have attended my workshops) surely would have got nice returns today. . And DLF suggested here at Rs 266 is almost near my second target (Rs 300)
Well,GVK Power was in news today as it gave a huge order to L&T.
The scrip has been witnessing some volume build up recently and I expect that a break above Rs 46 should give an upmove towards Rs 54 - 58 in medium term.
If you buy on break out, keep a stoploss near Rs 42/-
I was watching various midcap scrips today which seem to be readying for upmove in coming settlement. May be we will discuss a couple of them here....
Happy Trading
CA Rajiv D Khatlawala
www.investogyan.com
I am not suprised by the rise, but I am surely surprised by the speed of the rise... Intraday traders (who have attended my workshops) surely would have got nice returns today. . And DLF suggested here at Rs 266 is almost near my second target (Rs 300)
Well,GVK Power was in news today as it gave a huge order to L&T.
The scrip has been witnessing some volume build up recently and I expect that a break above Rs 46 should give an upmove towards Rs 54 - 58 in medium term.
If you buy on break out, keep a stoploss near Rs 42/-
I was watching various midcap scrips today which seem to be readying for upmove in coming settlement. May be we will discuss a couple of them here....
Happy Trading
CA Rajiv D Khatlawala
www.investogyan.com
Friday, June 18, 2010
Nifty - What now ?
The Nifty gave a 'correction' and it seems the Market Breadth was quite negative - 1:3. Some of the index heavy weights have given sell signals in intraday.
Watch the 5230 level in intraday and 5205 on daily charts... Keep them as SL for long positions. Resistance on upside is at 5300-5310.
World markets too are range bound with the Euro recovering against the USD. It has bounced back above 1.24 (as indicated in a couple of blogs earlier).
Many midcaps are positive / turning positive and may provide a good move.. In fact for one stock , we had done a 'Techno-Fundamental' analysis yesterday (in my practical fundamental analysis batch). Seems quite interesting..May be I may write about it in my coming blogs. . .
Happy Trading
CA Rajiv D Khatlawala
www.investogyan.com
Watch the 5230 level in intraday and 5205 on daily charts... Keep them as SL for long positions. Resistance on upside is at 5300-5310.
World markets too are range bound with the Euro recovering against the USD. It has bounced back above 1.24 (as indicated in a couple of blogs earlier).
Many midcaps are positive / turning positive and may provide a good move.. In fact for one stock , we had done a 'Techno-Fundamental' analysis yesterday (in my practical fundamental analysis batch). Seems quite interesting..May be I may write about it in my coming blogs. . .
Happy Trading
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, June 16, 2010
Balrampur Chini - sweetening . ..
I presume you all could make good trading profits out of Rpower/DLF... Even MTNL covered a few days back , has been moving with volumes today. . . Well, readers can at least interact in this regards. . .
The Nifty seems to be 'uncomfortable' near 5250 levels and I expect major support to be 5180... Even derivatives (F&O) activity is suggesting correction. .
One side counter which may be coming out of hibernation is Balrampur Chini.
A break above Rs 84/- should give us target at 98-100 in medium term (few weeks) ... Keep a stoploss near to Rs 77/-
A few stocks discussed recently (midcaps) have given nice movements .. Stick to midcaps.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
The Nifty seems to be 'uncomfortable' near 5250 levels and I expect major support to be 5180... Even derivatives (F&O) activity is suggesting correction. .
One side counter which may be coming out of hibernation is Balrampur Chini.
A break above Rs 84/- should give us target at 98-100 in medium term (few weeks) ... Keep a stoploss near to Rs 77/-
A few stocks discussed recently (midcaps) have given nice movements .. Stick to midcaps.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, June 15, 2010
Euro Fears recede . . .
The Nifty gave a good upmove as indicated yesterday and it tested the indicated level of 5220.... And all of you who read the blog and bought DLF and RPower ... would be sitting on good profits ... Well, a lot of midcaps have given good buying signals ...
The past couple of days financial market movement seems that suddenly "All is Well" with the markets ! And Indian markets have conveniently ignored the high Inflation and its impact on the economy... (I am going to discuss this in detail TODAY in my Advanced Fundamental Analysis workshop)
The Eurozone too seems to be bouncing back after the Euro was beaten up below 1.20. In fact last week when I watched some 'experts' discuss the possibility of Euro-Dollar parity (1:1) I was sure that the Euro will go the other way and that it is now actually ready to bounce !!
The Euro has given a buying signal and it seems that a break above 1.23 (curr price 1.2250) should give the necessary boost towards my target of 1.2550 and also beyond that.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
The past couple of days financial market movement seems that suddenly "All is Well" with the markets ! And Indian markets have conveniently ignored the high Inflation and its impact on the economy... (I am going to discuss this in detail TODAY in my Advanced Fundamental Analysis workshop)
The Eurozone too seems to be bouncing back after the Euro was beaten up below 1.20. In fact last week when I watched some 'experts' discuss the possibility of Euro-Dollar parity (1:1) I was sure that the Euro will go the other way and that it is now actually ready to bounce !!
The Euro has given a buying signal and it seems that a break above 1.23 (curr price 1.2250) should give the necessary boost towards my target of 1.2550 and also beyond that.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Monday, June 14, 2010
RPower - powering ahead !
Friends, the Ahmedabad Seminar was lively and went well, If any of you could attend, I would like to have your feedback . . .
Today's market too went well. The Nifty close of 5180+ is a positive sign and if it sustains above 5225 , the better.
One stock on my radar was Rpower and that gave a good movement today.
RPOWER has broken above it's resistance level of Rs 165 and volumes , though not very large, are on higher side. A follow up buying tomorrow should be a good sign. .
The break out was at Rs 165 (I had discussed this entry level in my recent market analysis during the current workshop). Use price down move to buy at Rs 165 - 166 with a stoploss placed at Rs 150 for a target at Rs 190 - 200 in medium term (few weeks)
Happy trading . .
CA Rajiv D Khatlawala
www.investogyan.com
Today's market too went well. The Nifty close of 5180+ is a positive sign and if it sustains above 5225 , the better.
One stock on my radar was Rpower and that gave a good movement today.
RPOWER has broken above it's resistance level of Rs 165 and volumes , though not very large, are on higher side. A follow up buying tomorrow should be a good sign. .
The break out was at Rs 165 (I had discussed this entry level in my recent market analysis during the current workshop). Use price down move to buy at Rs 165 - 166 with a stoploss placed at Rs 150 for a target at Rs 190 - 200 in medium term (few weeks)
Happy trading . .
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, June 10, 2010
DLF . . on good grounds !
The Nifty gained impressively after remaining sideways in intial hours. I am sure after one-two hicups, my intraday trading participants caught the rally ... Watch 5120 tomorrow...
One stock which was the erstwhile favorite but out of favour recently is DLF . . It seems that like RCom and Idea, it has also taken support at its previous lows near to Rs 254/-.
Currently quoting at Rs 262, I expect that a break above Rs 266 should lead us to Rs 284 initially and then to 300/- (if markets sustain).
Keep a stop near to Rs. 258 /-
Incidentally there are quite a few stocks which are turning positive (side counters) which may go up irrespective of market moves ... We shall take them up in next few days.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
One stock which was the erstwhile favorite but out of favour recently is DLF . . It seems that like RCom and Idea, it has also taken support at its previous lows near to Rs 254/-.
Currently quoting at Rs 262, I expect that a break above Rs 266 should lead us to Rs 284 initially and then to 300/- (if markets sustain).
Keep a stop near to Rs. 258 /-
Incidentally there are quite a few stocks which are turning positive (side counters) which may go up irrespective of market moves ... We shall take them up in next few days.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, June 9, 2010
Ranbaxy . . not so healthy!
The Nifty gave good intraday movements and finally closed near to its open... Watch the 4960 level on downside and 5055 on upside. . .
Ranbaxy seems to be peaking out ... While it is hovering currently above Rs 400 level, we may expect that a break below 400/- could mean a longer down move for the stock.
On the daily charts, it is creating a H&S pattern and the pull back is currently in progress. . .
(I urge my workshop participants to compute the likely targets of the down move , if the Rs 400 level is broken!!)
Specific stocks are getting ripe for a directional move .. Watch out!
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Ranbaxy seems to be peaking out ... While it is hovering currently above Rs 400 level, we may expect that a break below 400/- could mean a longer down move for the stock.
On the daily charts, it is creating a H&S pattern and the pull back is currently in progress. . .
(I urge my workshop participants to compute the likely targets of the down move , if the Rs 400 level is broken!!)
Specific stocks are getting ripe for a directional move .. Watch out!
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, June 8, 2010
ICICI Bank - at crucial support
The nifty movement today was 'boring' in morning but i am sure my intraday participants could comfortably at least get 50-60 points at the day end ...
The Nifty has broken below the crucial 5000 level (intraday level was 5025). A close below 5000 may be treated negative.
ICICI Bank has been one of the weaker banking stocks and I expect that it is near a major support level of Rs 795 in FUTURES.
Below chart is of ICICI BANK FUTURES
A break below this in futures should lead it towards 720 -700 levels. Those who may want to short sell may keep stoploss at Rs 830/- .....
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
The Nifty has broken below the crucial 5000 level (intraday level was 5025). A close below 5000 may be treated negative.
ICICI Bank has been one of the weaker banking stocks and I expect that it is near a major support level of Rs 795 in FUTURES.
Below chart is of ICICI BANK FUTURES
A break below this in futures should lead it towards 720 -700 levels. Those who may want to short sell may keep stoploss at Rs 830/- .....
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Monday, June 7, 2010
Is the WORLD changing trend ?
The Nifty, as expected, opened in down gap by more than 100 points and closed weak. Intraday traders got some scrip-specific moves (R Cap etc) but more or less other stocks remained dull.... Watch the Nifty 5000 level in Spot....
The recent turmoil in the word financial markets led me to check the MSCI World Index (which includes EM too)...
What we see is technically not encouraging . . The medium term trendline has been broken and the MSCI World Index seems to have the potential for another 7-8 % fall, before it gets some temporary support. . .
Upmoves in World markets in coming days should be treated corrective and I shall be keenly watching the Dow 9830 level which if breaks can mean further weakness ...
Like in case of the previous blogpost, I urge readers to start commenting so that this blog becomes more 'interactive'
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
The recent turmoil in the word financial markets led me to check the MSCI World Index (which includes EM too)...
What we see is technically not encouraging . . The medium term trendline has been broken and the MSCI World Index seems to have the potential for another 7-8 % fall, before it gets some temporary support. . .
Upmoves in World markets in coming days should be treated corrective and I shall be keenly watching the Dow 9830 level which if breaks can mean further weakness ...
Like in case of the previous blogpost, I urge readers to start commenting so that this blog becomes more 'interactive'
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Saturday, June 5, 2010
DOW JONES - will it take us all down?
Friends,
I am sure you have read about the planned SuperTrader seminar at Ahmedabad (please see previous blogpost).
Well, the US markets and the European markets fell heavily yesterday and it seems we are not in for a good opening on Monday....
The recent down move in DOWJONES prompted me to check how the US Markets look from a 'very' long term perspective.
Below is a fifty-year chart of the DJIA (Dow Jones Industrial Average). Phew, what a chart .... and what a developing pattern ... I urge my readers to 'tell me' what pattern they see !
Believe me friends, if this pattern does , what it does, the critics of technical analysis will have nowhere to hide . . .
I will expect your take on the pattern in the 'comment' section. . .
CA Rajiv D Khatlawala
www.investogyan.com
I am sure you have read about the planned SuperTrader seminar at Ahmedabad (please see previous blogpost).
Well, the US markets and the European markets fell heavily yesterday and it seems we are not in for a good opening on Monday....
The recent down move in DOWJONES prompted me to check how the US Markets look from a 'very' long term perspective.
Below is a fifty-year chart of the DJIA (Dow Jones Industrial Average). Phew, what a chart .... and what a developing pattern ... I urge my readers to 'tell me' what pattern they see !
Believe me friends, if this pattern does , what it does, the critics of technical analysis will have nowhere to hide . . .
I will expect your take on the pattern in the 'comment' section. . .
CA Rajiv D Khatlawala
www.investogyan.com
Friday, June 4, 2010
SuperTrader Free Intro Seminar Ahmedabad
Dear Friends,
The Free Seminar giving details of the 'SuperTrader' Workshop Series is planned at AHMEDABAD on Sat 12th June 2010 at Gajjar Hall (Law Garden)at 11 am . . . .
Just spread the word friends !! Even if you are not from Ahmedabad, tell your friends / Brokers / collegues at Ahmedabad!
And the Baroda Semianr is tomorrow (Sat 5th June) 11 am at the Academy !
Thanks
CA Rajiv D Khatlawala
www.investogyan.com
The Free Seminar giving details of the 'SuperTrader' Workshop Series is planned at AHMEDABAD on Sat 12th June 2010 at Gajjar Hall (Law Garden)at 11 am . . . .
Just spread the word friends !! Even if you are not from Ahmedabad, tell your friends / Brokers / collegues at Ahmedabad!
And the Baroda Semianr is tomorrow (Sat 5th June) 11 am at the Academy !
Thanks
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, June 3, 2010
Suzlon - Wind changes ahead ?
The Nifty opened in up gap and remained positive throughout the day.... But what rallied today was what I was constantly suggesting on this Blog - Telecom .... RCom / IDEA/ et al....
Well, one stock which is currently hovering around its previous low ... is SUZLON ...
The volume build up at the current lows is firming up and on a price rise with volume expansion in few days, the scrip should see some 'value buying'... Even on the Daily charts today there is a typical Candlestick pattern made - called the 'Bullish Haaraamee"
I expect that a break above Rs 57 should give a corrective move towards Rs 65+ levels . Keep a stoploss near Rs 53.
The SuperTrader Workshop series is starting on Mon 7th June ... So - Hurry up and get registered ! (Also planning SuperTrader Workshop series at Ahmedabad - Will inform on this blog once finalised).
CA Rajiv D Khatlawala
www.investogyan.com
Well, one stock which is currently hovering around its previous low ... is SUZLON ...
The volume build up at the current lows is firming up and on a price rise with volume expansion in few days, the scrip should see some 'value buying'... Even on the Daily charts today there is a typical Candlestick pattern made - called the 'Bullish Haaraamee"
I expect that a break above Rs 57 should give a corrective move towards Rs 65+ levels . Keep a stoploss near Rs 53.
The SuperTrader Workshop series is starting on Mon 7th June ... So - Hurry up and get registered ! (Also planning SuperTrader Workshop series at Ahmedabad - Will inform on this blog once finalised).
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, June 2, 2010
MTNL .. time to connect !
While the NIFTY almost remained stagnant for most of the trading time, action was vibrant in few stocks.
I am sure my blog readers got hold of Rcom and IDEA and also the Sugar counters ! (I can already see the smile on your faces).....
Well, the Telecom sector is seeing buying interest at attractive levels and the one stock which is yet to move is MTNL.
Like its peers, RCom and IDEA, MTNL too is witnessing huge volumes near its previous low and this can be a chance to pick up a corrective upmove.
Watch for a break above Rs 57/- for an entry in this stock with a stop placed at Rs 52.50 for a target intially of Rs 68- Rs 72.
Happy Trading
CA Rajiv D Khatlawala
www.investogyan.com
I am sure my blog readers got hold of Rcom and IDEA and also the Sugar counters ! (I can already see the smile on your faces).....
Well, the Telecom sector is seeing buying interest at attractive levels and the one stock which is yet to move is MTNL.
Like its peers, RCom and IDEA, MTNL too is witnessing huge volumes near its previous low and this can be a chance to pick up a corrective upmove.
Watch for a break above Rs 57/- for an entry in this stock with a stop placed at Rs 52.50 for a target intially of Rs 68- Rs 72.
Happy Trading
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, June 1, 2010
Nifty - Watch 4950 !
Hello Friends, I am back (after a long weekend) But while I was outstation, I managed to keep pace with the markets....
Today's big fall was as expected. Needless to say, my participants of intraday workshop would have surely traded downside and earned bigtime. . . (I was expecting a some of them to call me, but anyway).
Nifty has got the resistance as indicated and it has closed below the crucial 5000 level. A further weakness would be suggested by a close below 4945-4950 levels tomorrow. This is likely since world markets are likely to continue the weakness. . .
Moreover the weekly charts are still negative and they suggest that a weekly close below 4920 may make them further fragile.....
Resistance in upmoves is at 5010 - 5025 levels which may be used by 'long' traders to exit for the time being. . .
Happy Trading !
If you are interested in joining the SuperTrader workshop series, please register for a Free discussion seminar on Sat 5th June... This seminar will give you an overview of how the SuperTrader series will be beneficial for your trading and also brief you about the broad contents of the course....
Thanks
CA Rajiv D Khatlawala
www.investogyan.com
Today's big fall was as expected. Needless to say, my participants of intraday workshop would have surely traded downside and earned bigtime. . . (I was expecting a some of them to call me, but anyway).
Nifty has got the resistance as indicated and it has closed below the crucial 5000 level. A further weakness would be suggested by a close below 4945-4950 levels tomorrow. This is likely since world markets are likely to continue the weakness. . .
Moreover the weekly charts are still negative and they suggest that a weekly close below 4920 may make them further fragile.....
Resistance in upmoves is at 5010 - 5025 levels which may be used by 'long' traders to exit for the time being. . .
Happy Trading !
If you are interested in joining the SuperTrader workshop series, please register for a Free discussion seminar on Sat 5th June... This seminar will give you an overview of how the SuperTrader series will be beneficial for your trading and also brief you about the broad contents of the course....
Thanks
CA Rajiv D Khatlawala
www.investogyan.com
Friday, May 28, 2010
RCom - Time for bottom Fishing!!
Nifty movement towards 5050 would have been expected by my participants .. The Nifty shot beyond that level. I expect some resistance near these levels.
(Incidentally the move in Sun Pharma was quite good... given in blogpost dt 5th May)
RCom , like IDEA, seems to be finding buying interest near the previous low of Rs 131/-. a few days back when it hit Rs 131 there was huge buying...
A break above Rs 150 should be considered further positive and target should be near to Rs 168 - 172/- Keep a Rs 10 stoploss from your buying price. . .
As for other sectors, I presume the SUGAR stocks are recovering as expected. But be careful in index heavyweights!
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
(Incidentally the move in Sun Pharma was quite good... given in blogpost dt 5th May)
RCom , like IDEA, seems to be finding buying interest near the previous low of Rs 131/-. a few days back when it hit Rs 131 there was huge buying...
A break above Rs 150 should be considered further positive and target should be near to Rs 168 - 172/- Keep a Rs 10 stoploss from your buying price. . .
As for other sectors, I presume the SUGAR stocks are recovering as expected. But be careful in index heavyweights!
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, May 27, 2010
IDEA - Someone is having an IDEA!!
The Nifty rallied today beyond 5000! and yes , once again participants of my intraday workshops seem to have profited nicely on their trades on upside today too! Watch 5050 for resistance in Nifty . . .
IDEA Cellular caught my attention as there was a huge volume spike yesterday - both in cash market as well as in futures ...
The volume spike has occured near the previous low and hence could be significant technically. ..
Wait for a break above Rs 52.50 for entry in the stock keeping a stop near to Rs 47/- for a corrective rise near to Rs 61- 63...
On other scrips , it seems that today's ,major movement were 'derivative expiry' influenced and hence better to evaluate them tomorrow.
(I am sure you have gone through the 'SUPERTRADER' writeup... Do let me know how you find the concept)
Happy Trading!!
CA Rajiv D Khatlawala
www.investogyan.com
IDEA Cellular caught my attention as there was a huge volume spike yesterday - both in cash market as well as in futures ...
The volume spike has occured near the previous low and hence could be significant technically. ..
Wait for a break above Rs 52.50 for entry in the stock keeping a stop near to Rs 47/- for a corrective rise near to Rs 61- 63...
On other scrips , it seems that today's ,major movement were 'derivative expiry' influenced and hence better to evaluate them tomorrow.
(I am sure you have gone through the 'SUPERTRADER' writeup... Do let me know how you find the concept)
Happy Trading!!
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, May 26, 2010
The SUPERTRADER Workshop !
Hello Friends,
Investogyan is launching its much-awaited "SuperTrader Workshop Series"
The Workshop will prepare today's trader to analyse markets with a unique 'techno-fundamental' approach and also help him earn 'stress-free' profits.
Do you want to know more about this unique workshop ?
Get details as www.investogyan.com . You may also send details to friends who may be interested.
CA Rajiv D Khatlawala
www.investogyan.com
Investogyan is launching its much-awaited "SuperTrader Workshop Series"
The Workshop will prepare today's trader to analyse markets with a unique 'techno-fundamental' approach and also help him earn 'stress-free' profits.
Do you want to know more about this unique workshop ?
Get details as www.investogyan.com . You may also send details to friends who may be interested.
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, May 25, 2010
NIFTY - taking direction from HangSeng!
The Nifty opened in down Gap and fell further losing more than 140 points on close to close basis. Again, I am sure my earlier participants have had a busy day earning profits! .
Well, incidentally you may have noticed that HangSeng has broken the crucial 19500 level (This is what we discussed in one of my recent sessions. I had indicated why the 19500 level was more likely to be broken and what impact it will have on Nifty). The Nifty too is following suit and has broken its crucial 4900 support level.
I presume more bloodshed is likely in coming days. Better concentrate on the intraday trades ... (up and down)
Advanced indicators (not shown here) are suggesting that the downward move is gaining momentum and hence investment buying is not advisable. Moreover, there is also a 'dangerous' pattern on the Nifty charts which I have been suggesting for past two months or more.... Lets keep our fingers crossed and earn money in down moves!
Happy intraday trading !
CA Rajiv D Khatlawala
www.investogyan.com
Well, incidentally you may have noticed that HangSeng has broken the crucial 19500 level (This is what we discussed in one of my recent sessions. I had indicated why the 19500 level was more likely to be broken and what impact it will have on Nifty). The Nifty too is following suit and has broken its crucial 4900 support level.
I presume more bloodshed is likely in coming days. Better concentrate on the intraday trades ... (up and down)
Advanced indicators (not shown here) are suggesting that the downward move is gaining momentum and hence investment buying is not advisable. Moreover, there is also a 'dangerous' pattern on the Nifty charts which I have been suggesting for past two months or more.... Lets keep our fingers crossed and earn money in down moves!
Happy intraday trading !
CA Rajiv D Khatlawala
www.investogyan.com
Monday, May 24, 2010
BANK NIFTY . . still unsafe !
The Nifty opened in up gap rallied to a resistance and then sold-off... I received many calls from my participants saying they could make more than 75 Nifty points in intraday trading . . . Well, it satisfies me greatly, when my participants trade profitably both - up and down in intraday !.....
In my earlier blog post (dated 28-Apr) I had indicated exiting banking stocks especially if Bank Nifty breaks below 9500...Well it did break and is currently at 9050 levels.
But it seems there will be further profit booking in the banking stocks in days ahead as the target for the Bank Nifty is now near to 8600 points.
I expect that a break below 9000 may trigger further sell off in baning counters.
Happy (intraday) trading !
CA Rajiv D Khatlawala
www.investogyan.com
In my earlier blog post (dated 28-Apr) I had indicated exiting banking stocks especially if Bank Nifty breaks below 9500...Well it did break and is currently at 9050 levels.
But it seems there will be further profit booking in the banking stocks in days ahead as the target for the Bank Nifty is now near to 8600 points.
I expect that a break below 9000 may trigger further sell off in baning counters.
Happy (intraday) trading !
CA Rajiv D Khatlawala
www.investogyan.com
Saturday, May 22, 2010
GOLD - Time to Dis-Invest !
Dear Friends,
You may download the article (pdf file) titled
"Gold - Time to Disinvest" from my website www.investogyan.com
Thanks
CA Rajiv D Khatlawala
www.investogyan.com
You may download the article (pdf file) titled
"Gold - Time to Disinvest" from my website www.investogyan.com
Thanks
CA Rajiv D Khatlawala
www.investogyan.com
Friday, May 21, 2010
Reliance Cap - Rebound due. . .
The Nifty more or less behaved as anticipated. My intraday participants would have been 'bullish' for the entire day today. . .
One stock which seems to be forming a base for rebound is Rel Capital.
The stock has good support at Rs 625 levels and this is also a support on daily charts. Indicators are oversold and many are suggesting a bounce from current levels.
One may buy on break above Rs 655 with a stoploss kept at Rs 625 for a target of Rs 705 / 710 in coming days. There may be slight resistance at Rs 675 to the stock in intraday.
Incidentally the EuroUSD has risen well and I presume therre is some more steam left in the current rebounce.
(Do check the latest article on www.investogyan.com)
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
One stock which seems to be forming a base for rebound is Rel Capital.
The stock has good support at Rs 625 levels and this is also a support on daily charts. Indicators are oversold and many are suggesting a bounce from current levels.
One may buy on break above Rs 655 with a stoploss kept at Rs 625 for a target of Rs 705 / 710 in coming days. There may be slight resistance at Rs 675 to the stock in intraday.
Incidentally the EuroUSD has risen well and I presume therre is some more steam left in the current rebounce.
(Do check the latest article on www.investogyan.com)
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, May 20, 2010
USDINR - Trend Reversal ?
After a big fall yesterday, the Nifty took some rest, so it seems. Technically it was almost a 'doji' . It seems now North Korea is on a 'war' path over sanctions imposed on it by the West. One reason for the USDINR to rise (rupee to depreciate) was attributed to this fact.
In Investogyan's newsletter as well in earlier blogposts, I have already indicated a target of Rs 46.50 which was achieved today.
And now it seems, we may be having a reversal of the downtrend in USDINR. The break above Rs 46.50 is suggestive of this. Moreover Rs 44/- has become a strong base for the currency pair which is also a technical retracement level.
We know that therre is an inverse correlation with the NIFTY and if USDINR changes its 'trend' then it may suggest that sooner or later Nifty too may change its current uptrend.
I would therefore watch USDINR more closely in the next few days. Those who trade the USDINR may book some profit (at least partially) at Rs 46.75+ levels and re-enter in corrections.
Happy trading!
CA Rajiv D Khatlawala
www.investogyan.com
In Investogyan's newsletter as well in earlier blogposts, I have already indicated a target of Rs 46.50 which was achieved today.
And now it seems, we may be having a reversal of the downtrend in USDINR. The break above Rs 46.50 is suggestive of this. Moreover Rs 44/- has become a strong base for the currency pair which is also a technical retracement level.
We know that therre is an inverse correlation with the NIFTY and if USDINR changes its 'trend' then it may suggest that sooner or later Nifty too may change its current uptrend.
I would therefore watch USDINR more closely in the next few days. Those who trade the USDINR may book some profit (at least partially) at Rs 46.75+ levels and re-enter in corrections.
Happy trading!
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, May 19, 2010
Humpty Dumpty we all fall .....down!
The Nifty acheived the down target of 4950 indicated in my newsletter. Well i am quite sure my participants have made good money - especially those who attended my practical derivatives course...
Well, it seems that investors across the world now have more things to worry than just EuroZone. And in fact major markets across the world are breaking their 'intermediate' supports (many have broken long term supports).
The Nifty too is at a long term support level at 4900-4950. While long term investors can do some small buying in select (frontline) stocks, short term / positional traders may still refrain from buying just because it has fallen much'!
Metals Auto, IT and banks other sectors have been discussed in this blog and I have indicated the 'weakness'. While we may have some corrective bounce, I expect the overall trend to be weak.
While the Nifty is at a long term support, it is the advanced indicators (not shown here) which are suggesting further weakness. Unless these turn back , my view should remain in favour of down side.
( Blog readers who have attended my workshop(s) may continue to trade more in intraday for a few days more )
Happy profit booking !
CA Rajiv D Khatlawala
www.investogyan.com
Well, it seems that investors across the world now have more things to worry than just EuroZone. And in fact major markets across the world are breaking their 'intermediate' supports (many have broken long term supports).
The Nifty too is at a long term support level at 4900-4950. While long term investors can do some small buying in select (frontline) stocks, short term / positional traders may still refrain from buying just because it has fallen much'!
Metals Auto, IT and banks other sectors have been discussed in this blog and I have indicated the 'weakness'. While we may have some corrective bounce, I expect the overall trend to be weak.
While the Nifty is at a long term support, it is the advanced indicators (not shown here) which are suggesting further weakness. Unless these turn back , my view should remain in favour of down side.
( Blog readers who have attended my workshop(s) may continue to trade more in intraday for a few days more )
Happy profit booking !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, May 18, 2010
Euro problems- early easing signals!
The Nifty remained volatile in intraday but closed near the close of yesterday indicating indecision among players. However intraday traders would have earned good today too.
the Euro zone's problems may be easing , at least on the currency front. Euro USD prices are suggesting that after the 'panic' there seems to be some stability.
The emergence of a hammer after a continous downmove is indicating a halt to the current fall in prices.
I would wait for a break and close above 1.2525 to suggest further bullishness and if that occurs, my target should be near 1.29 - 1.30.
One needs to keep stoploss near to recent low to trade.
A rise in Euro may lead to a fall in Gold which has seen a runup backed by the Euro problems.
Happy trading!
CA Rajiv D Khatlawala
www.investogyan.com
the Euro zone's problems may be easing , at least on the currency front. Euro USD prices are suggesting that after the 'panic' there seems to be some stability.
The emergence of a hammer after a continous downmove is indicating a halt to the current fall in prices.
I would wait for a break and close above 1.2525 to suggest further bullishness and if that occurs, my target should be near 1.29 - 1.30.
One needs to keep stoploss near to recent low to trade.
A rise in Euro may lead to a fall in Gold which has seen a runup backed by the Euro problems.
Happy trading!
CA Rajiv D Khatlawala
www.investogyan.com
Friday, May 14, 2010
SBI.... cannot bank on it !
(You can download interesting market related articles from our website now www.investogyan.com)
The Nifty had a nice intraday move.... It gave almost more than a 100 point+ move to traders who attended my intraday workshop! Again one of those few days which an intraday trader waits for.....
One stock which we had discussed in the ITG meet on Tuesday was SBI. I had indicated that a break below 2275 should give a sell signal. Well the price broke down today and closed near to Rs 2210..... (in fact an intraday trader would have been short at 2310 in the morning as per our technique)
Use any corrective upmove to sell at Rs 2250-2260 with a stoploss placed at 2325 for a down target at 2100 nearabout levels.
Various indicators (all not shown in chart) have given a sell signal - this is what was discussed in ITG.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
The Nifty had a nice intraday move.... It gave almost more than a 100 point+ move to traders who attended my intraday workshop! Again one of those few days which an intraday trader waits for.....
One stock which we had discussed in the ITG meet on Tuesday was SBI. I had indicated that a break below 2275 should give a sell signal. Well the price broke down today and closed near to Rs 2210..... (in fact an intraday trader would have been short at 2310 in the morning as per our technique)
Use any corrective upmove to sell at Rs 2250-2260 with a stoploss placed at 2325 for a down target at 2100 nearabout levels.
Various indicators (all not shown in chart) have given a sell signal - this is what was discussed in ITG.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, May 13, 2010
Chinese bear market !- did I hear right ?
The Nifty remained fairly volatile enough for intraday traders to earn money (obviously those who trade scientifically, like our participants). Keep an eye on 5145 Nifty in intraday tomorrow!
TODAY, instead of the levels and targets and stops, lets talk about the Financial Markets from a different perspective.
Bloomberg is 'shouting' of the onset of the Chinese Bear Market. In fact from the time I read it I was both amused and confused !
Think of it. The world's fastest growing economy , on which depends the world's growth rate, the world's metals market and the world's hope - is in a bear market. And the WEST (US and Europe) - which actually took / pushed everyone into a recession, are seeing unprecedented rallies and 52 week highs !!!!!
Can any fundamental analyst please stand up and explain this ?
It seems everything is 'relative' and Einstein's theory seems to be working better in the financial markets. Whether we can say this is 'Market Behaviour' or a WEST-led scandal, is still not clear.
But the next thought that appeared on my mind was - what will happen to the world's second fastest growing economy ? Will it have the same fate as the fastest one or is it destined to something else?
Inflation and high property prices are China's concern. Oh, but then, aren't these also India's concern?
Its surely a strange world we live in.... and as I indicated in Investogyan's current month newsletter- "Warren Buffet and Peter Lynch may thank their stars that they were not born in the last 20 years"!!
Happy observing !
CA Rajiv D Khatlawala
www.investogyan.com
TODAY, instead of the levels and targets and stops, lets talk about the Financial Markets from a different perspective.
Bloomberg is 'shouting' of the onset of the Chinese Bear Market. In fact from the time I read it I was both amused and confused !
Think of it. The world's fastest growing economy , on which depends the world's growth rate, the world's metals market and the world's hope - is in a bear market. And the WEST (US and Europe) - which actually took / pushed everyone into a recession, are seeing unprecedented rallies and 52 week highs !!!!!
Can any fundamental analyst please stand up and explain this ?
It seems everything is 'relative' and Einstein's theory seems to be working better in the financial markets. Whether we can say this is 'Market Behaviour' or a WEST-led scandal, is still not clear.
But the next thought that appeared on my mind was - what will happen to the world's second fastest growing economy ? Will it have the same fate as the fastest one or is it destined to something else?
Inflation and high property prices are China's concern. Oh, but then, aren't these also India's concern?
Its surely a strange world we live in.... and as I indicated in Investogyan's current month newsletter- "Warren Buffet and Peter Lynch may thank their stars that they were not born in the last 20 years"!!
Happy observing !
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, May 12, 2010
BajajHind - Selling Climax !!
The Nifty remained in confusion state during the day and I presume intraday traders had to 'workout' a lot. Keep an eye on Nifty closing at 5120 or below!
BajajHind is one of the stocks which has been hammered along with its other peers in the Sugar space.
However the last few days working suggests that there may be what is called a 'selling climax' which usually happens when there is 'unusually' high volume buildup at a low level. This may actually suggest potential bullishness.
Today's candle was a hammer and one can expect that a break above Rs 112 should lead to a corrective rebound. On break out keep a stoploss near to today's low and wait for a target of 130 in short - medium term.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
BajajHind is one of the stocks which has been hammered along with its other peers in the Sugar space.
However the last few days working suggests that there may be what is called a 'selling climax' which usually happens when there is 'unusually' high volume buildup at a low level. This may actually suggest potential bullishness.
Today's candle was a hammer and one can expect that a break above Rs 112 should lead to a corrective rebound. On break out keep a stoploss near to today's low and wait for a target of 130 in short - medium term.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, May 11, 2010
HANGSENG - 19500 CRUCIAL for ASIA !!!!!
Nifty movement was as indicated yesterday on this blog. I had indicated intraday support of 5170 below which selling was likely. The Nifty fell to close lower at 5130.
The Chinese are getting increasingly worried about inflation and property prices. Well, just look around you - and you will realise that that is also the situation for INDIA! I am sure it is time our Politicians do not behave like the 'Ostrich which put its head in the ground' in the story. . . Wake up ! Mes amies!!
HangSeng Index has a high correlation with Indian Markets and hence I was searching for direction there. Nowadays if you want to track Indian markets, it is better to analyse Hangseng(!!).
Hangseng's Index shows a crucial support at 19500 - today's closing (11-May) is 20089. A Break below 19500 should surely lead to further selling in Asian markets ; where China is now a 'regular' in feeding negative news.
A break of 19500 on Hangseng should roughly correspond to Nifty breaking 5000. The overall structure is still on down side and hence better to play safe .
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
The Chinese are getting increasingly worried about inflation and property prices. Well, just look around you - and you will realise that that is also the situation for INDIA! I am sure it is time our Politicians do not behave like the 'Ostrich which put its head in the ground' in the story. . . Wake up ! Mes amies!!
HangSeng Index has a high correlation with Indian Markets and hence I was searching for direction there. Nowadays if you want to track Indian markets, it is better to analyse Hangseng(!!).
Hangseng's Index shows a crucial support at 19500 - today's closing (11-May) is 20089. A Break below 19500 should surely lead to further selling in Asian markets ; where China is now a 'regular' in feeding negative news.
A break of 19500 on Hangseng should roughly correspond to Nifty breaking 5000. The overall structure is still on down side and hence better to play safe .
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Monday, May 10, 2010
Nifty - a Dead Cat Bounce !!!
A great day for all my 'Intraday Trading' Participants! I am sure they and their clients would have got at least a 100 Nifty points today !
Well the rally was quite nice. The Asian markets opened strong as the Euro Zone announced a near $1 trillion package for its Debt ridden member countries. This also saw the Euro make the speediest recovery in recent times : from 1.27 to 1.31 (almost).
But yet it would not be wrong to say that today's rise was a mere bounce back or corrective rise, led mainly through short covering.
Investors and those who have / had long positions may take this opportunity to exit.
The Nifty has strong resistance near to 5230 levels and an intraday support at 5170 for tomorrow.
Realty sector got a good boost today and may continue to outperform the indices in this week.
Happy trading...
CA Rajiv D Khatlawala
www.investogyan.com
Well the rally was quite nice. The Asian markets opened strong as the Euro Zone announced a near $1 trillion package for its Debt ridden member countries. This also saw the Euro make the speediest recovery in recent times : from 1.27 to 1.31 (almost).
But yet it would not be wrong to say that today's rise was a mere bounce back or corrective rise, led mainly through short covering.
Investors and those who have / had long positions may take this opportunity to exit.
The Nifty has strong resistance near to 5230 levels and an intraday support at 5170 for tomorrow.
Realty sector got a good boost today and may continue to outperform the indices in this week.
Happy trading...
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, May 6, 2010
Investogyan Newsletter!
As you are aware we send a monthly newsletter to our participants and others. In case you are interested in downloading and reading it, the latest issue has been uploaded on the website www.investogyan.com
Regards
CA Rajiv D Khatlawala
Regards
CA Rajiv D Khatlawala
Renuka Sugar - should get Sweet !!!!
The Nifty retested the 5038 level which , if you have noted, was the 50% retracement level. Overall structure still remains clouded but expect more intraday moves.
In fact , those of you who have attended my 'Intraday workshops' would have got both - the initial down move AND the subsequent upmove!. . . .
One sector which has been in news is the Sugar sector. With decontrol of sugar prices round the corner, one should expect stock prices of the sugar counters to rebound.
Though fundamanetally there is expectation of a larger Sugar crop in coming year, the stock prices are ready for a rebound. Even international Sugar prices are set to rebound after a relentless fall.
Renuka Sugars' price structure suggests buying at Rs 61/- with a stoploss placed at Rs 57 for a positional target at Rs 68 and then Rs 75/-.
The overall markets are still fragile and hence keep frequent profit booking and tight stoploss in long positions for at least the index stocks.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
In fact , those of you who have attended my 'Intraday workshops' would have got both - the initial down move AND the subsequent upmove!. . . .
One sector which has been in news is the Sugar sector. With decontrol of sugar prices round the corner, one should expect stock prices of the sugar counters to rebound.
Though fundamanetally there is expectation of a larger Sugar crop in coming year, the stock prices are ready for a rebound. Even international Sugar prices are set to rebound after a relentless fall.
Renuka Sugars' price structure suggests buying at Rs 61/- with a stoploss placed at Rs 57 for a positional target at Rs 68 and then Rs 75/-.
The overall markets are still fragile and hence keep frequent profit booking and tight stoploss in long positions for at least the index stocks.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, May 5, 2010
SUN PHARMA- correction due !!
The Nifty opened in huge gap but it did recover some lost ground in the last half hour. Incidentally, my target given in ITG group of 5050 was touched today.
One stock which has been recently hammered due to litigation against it by other pharma companies , is SUN PHARMA.
After falling from a level of 1850/- to near Rs 1500, we may presume that it is now over sold and is very near to a support level of Rs 1500. A corrective bounce back is likely towards Rs 1650/1700 levels.
One may consider buying it above Rs 1555 with stop placed at Rs 1500 for a target at Rs 1650 - 1700
As for other frontline stocks, the overall trend is down, hence use upmoves to exit longs if still holding.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
One stock which has been recently hammered due to litigation against it by other pharma companies , is SUN PHARMA.
After falling from a level of 1850/- to near Rs 1500, we may presume that it is now over sold and is very near to a support level of Rs 1500. A corrective bounce back is likely towards Rs 1650/1700 levels.
One may consider buying it above Rs 1555 with stop placed at Rs 1500 for a target at Rs 1650 - 1700
As for other frontline stocks, the overall trend is down, hence use upmoves to exit longs if still holding.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, May 4, 2010
BSE METAL INDEX - at melting point!
The Nifty gave the desired move. In fact those of you who attended the ITG meet last week would not be surprised !. One of the key stocks discussed for short selling last week was Grasim (at 2800, for tgt 2550). It gave a great downmove in the week. More stocks for discussion this week !
Well, one sector which has been under my radar is Metals. The news of Chinese slowing down is not good news for metals. One can expect more selling pressure in this sector.
The BSE MEtal Index currently has today broken the crucial 17000 level - it was the biggest loser in sector indices.
Expect a medium to long term down target 13500 - 14000. Upmoves in stocks in this sector may be used to exit longs by investors / create short sell by traders.
Some stocks like Tisco/ SESA Goa were already discussed for short sell in ITG meeting of last couple of weeks. I presume traders may now look for the midcap metal stocks which are still at higher levels !
Happy trading!
CA Rajiv D Khatlawala
ValueTrade Academy Pvt Ltd .
www.investogyan.com
Well, one sector which has been under my radar is Metals. The news of Chinese slowing down is not good news for metals. One can expect more selling pressure in this sector.
The BSE MEtal Index currently has today broken the crucial 17000 level - it was the biggest loser in sector indices.
Expect a medium to long term down target 13500 - 14000. Upmoves in stocks in this sector may be used to exit longs by investors / create short sell by traders.
Some stocks like Tisco/ SESA Goa were already discussed for short sell in ITG meeting of last couple of weeks. I presume traders may now look for the midcap metal stocks which are still at higher levels !
Happy trading!
CA Rajiv D Khatlawala
ValueTrade Academy Pvt Ltd .
www.investogyan.com
Monday, May 3, 2010
Practical Derivative Strategies
Dear All,
Investogyan will be having a FULL DAY Workshop on Practical Derivatives Strategies on 8th May 2010 - Saturday. Fees Rs 3500/-. If interested , call or email!!
RDK
Investogyan will be having a FULL DAY Workshop on Practical Derivatives Strategies on 8th May 2010 - Saturday. Fees Rs 3500/-. If interested , call or email!!
RDK
GOLD . . . safe haven ?
The Nifty fell today on back of weak US and european markets on last friday.. Well it seems corrections would continue across financial markets.
Among the markets which are witnessing buying pressure, is GOLD. It touched a recent high of $1180 and it is showing indications of re-testing (or at least going near to ) $1225 in coming days.
The price charts indicate positiveness till the time $1150 is intact. Problems across Europe , if they worsen, would only add to the demand for this yellow metal.
In fact along with Gold, it seems even Silver is witnessing some good moves and is all set to test higher levels.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Among the markets which are witnessing buying pressure, is GOLD. It touched a recent high of $1180 and it is showing indications of re-testing (or at least going near to ) $1225 in coming days.
The price charts indicate positiveness till the time $1150 is intact. Problems across Europe , if they worsen, would only add to the demand for this yellow metal.
In fact along with Gold, it seems even Silver is witnessing some good moves and is all set to test higher levels.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
Friday, April 30, 2010
Hind Unilever - defensive buy !
The Nifty again almost made a 'Doji' formation on the charts and is clearly suggesting the indecision in the mind of the market. Watch the 5240 -5225 level for intraday tomorrow.
One stock which has recently been hammered is HUL (Hind Unilever) the 'long term investors' stock'. Well it seems that it is taking support near a multi month low of Rs 220 and rebounding from there.
Traders may want to buy the stock at Rs 245 with a stoploss being placed at 232 for a upward move near to 265- 270. In fact a break above Rs 245 will also give a nice derivative trade !
Being a defensive stock , it can have a tendency to go againt the market direction.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
One stock which has recently been hammered is HUL (Hind Unilever) the 'long term investors' stock'. Well it seems that it is taking support near a multi month low of Rs 220 and rebounding from there.
Traders may want to buy the stock at Rs 245 with a stoploss being placed at 232 for a upward move near to 265- 270. In fact a break above Rs 245 will also give a nice derivative trade !
Being a defensive stock , it can have a tendency to go againt the market direction.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Thursday, April 29, 2010
NATGAS . . should flare up soon
The NIFTY closed the settlement today near to 5250 expected level. Most of the movement today was 'based' on derivatives expiry settlement / carry over.
But some commodities saw action in last few days. GOLD was on a roll yesterday as the world financial markets went on a selling spree. Safe Haven eh?
Well but one commodity which should be a low risk trade is NATGAS.
After a spell of falling prices there has been a good consolidation near to Rs.170 levels (on MCX) and we should expect that a break above Rs 194 should open up targets of 209 - 215 in coming days.
Long positions above Rs 194 should have stoploss near to Rs 185. For the time being consider this upmove as a 'corrective' bounce!
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
But some commodities saw action in last few days. GOLD was on a roll yesterday as the world financial markets went on a selling spree. Safe Haven eh?
Well but one commodity which should be a low risk trade is NATGAS.
After a spell of falling prices there has been a good consolidation near to Rs.170 levels (on MCX) and we should expect that a break above Rs 194 should open up targets of 209 - 215 in coming days.
Long positions above Rs 194 should have stoploss near to Rs 185. For the time being consider this upmove as a 'corrective' bounce!
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
Wednesday, April 28, 2010
BankNifty . . time to 'bank' profits!!
The Nifty had a free fall. While we did not expect this in a down gap, nonetheless we were expecting it. In yesterday's ITG meeting itself we discussed it. So the members were ready for the fall!
Banking stocks are showing mixed signals. While ICICI Bank and the likes are falling, SBI and the likes are rising... But a look at the BankNifty indicates that a reversal is now due (or overdue).
Consider 9500 as a crucial support area and a break below this level should give the necessary trigger. Even advanced indicators (not shown here) are suggesting the possibility of trend reversal.
Keep a down target at 8800 (on break below 9500). Investors who are invested in banking stock may want to take profits - to their own banks!
It is also interesting to note that many of today's gainers are defensive stocks / stocks from defensive sectors!!
Happy market watching !
CA Rajiv D Khatlawala
www.investogyan.com
Banking stocks are showing mixed signals. While ICICI Bank and the likes are falling, SBI and the likes are rising... But a look at the BankNifty indicates that a reversal is now due (or overdue).
Consider 9500 as a crucial support area and a break below this level should give the necessary trigger. Even advanced indicators (not shown here) are suggesting the possibility of trend reversal.
Keep a down target at 8800 (on break below 9500). Investors who are invested in banking stock may want to take profits - to their own banks!
It is also interesting to note that many of today's gainers are defensive stocks / stocks from defensive sectors!!
Happy market watching !
CA Rajiv D Khatlawala
www.investogyan.com
Tuesday, April 27, 2010
YES BANK - - OH NO !!!!
The Nifty remained more or less subdued while the overall market breadth was negative. Most of the market breadth indicators were weak.
Among the sectors which are likely to see profit booking is Banking - which has risen in recent weeks. And one stock which seems to be nearing the peak is YES BANK.
The price charts suggest that the positive results seem to have been factored in to the price and a medium term correction is due. I would not be surprised if a double top formation is formed on daily charts.
Keep an eye on 267 and a break below this level should trigger a selling / profit booking mode for a down target near to Rs 230/- levels. Keep a stoploss at 280.
As for other stocks, lot of sell signals being generated in my watch list . They will be discussed today at the ITG meeting.
Happy Trading !
CA Rajiv D Khatlawala
ValueTrade Academy
www.investogyan.com
Among the sectors which are likely to see profit booking is Banking - which has risen in recent weeks. And one stock which seems to be nearing the peak is YES BANK.
The price charts suggest that the positive results seem to have been factored in to the price and a medium term correction is due. I would not be surprised if a double top formation is formed on daily charts.
Keep an eye on 267 and a break below this level should trigger a selling / profit booking mode for a down target near to Rs 230/- levels. Keep a stoploss at 280.
As for other stocks, lot of sell signals being generated in my watch list . They will be discussed today at the ITG meeting.
Happy Trading !
CA Rajiv D Khatlawala
ValueTrade Academy
www.investogyan.com
Monday, April 26, 2010
Crude OIL - $100 again ?????
The Nifty remained sideways for most of today even as the Asian markets rallied. It seems the results season is having its effect. One thing keeps coming to my mind often - will the Sensex / Nifty peak out before Asia does ???
Well as for happenings in the other markets - Crude Oil is remaining above the $82 mark and has regained $85. The price chart structure is indicating that it is getting ready for the next lap towards $100. How soon , that we cannot say.
I expect that on the MCX , a break above Rs 3845 should give the necessary trigger for the move to 4000/- and then beyond it. There is strong base currently near to 3600/- However on break out, one can use a stoploss just near 3720/-
And yes, somethings cooking in NATGAS too.... we shall that in subsequent blogposts...
Happy trading!
CA Rajiv D Khatlawala
ValueTrade Academy Pvt Ltd.
www.investogyan.com
Well as for happenings in the other markets - Crude Oil is remaining above the $82 mark and has regained $85. The price chart structure is indicating that it is getting ready for the next lap towards $100. How soon , that we cannot say.
I expect that on the MCX , a break above Rs 3845 should give the necessary trigger for the move to 4000/- and then beyond it. There is strong base currently near to 3600/- However on break out, one can use a stoploss just near 3720/-
And yes, somethings cooking in NATGAS too.... we shall that in subsequent blogposts...
Happy trading!
CA Rajiv D Khatlawala
ValueTrade Academy Pvt Ltd.
www.investogyan.com
Friday, April 23, 2010
NIFTY - the contrarian ? ?
The Euro zone is again at logger heads. Greece's problems have resurfaced and it is worried on how to the $11 billion needed for repayment. Euro crashed against the dollar to its yearly low , whiel other asian markets too followed suit.
But the Indian markets are still positive and that is despite high inflation and reports of a higher budget deficit due to oil marketing companies' increasing losses. Are we 'hoping' our way out of our problems ?
Time will tell. Nifty at present is still in 'no man's land' A road range for reference is 5250 and 5340. I will be surprised if it gives upward break - but then we are mere followers of the market and we shal do so!
A close below 5240 now can give the needed warning to all of us.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
But the Indian markets are still positive and that is despite high inflation and reports of a higher budget deficit due to oil marketing companies' increasing losses. Are we 'hoping' our way out of our problems ?
Time will tell. Nifty at present is still in 'no man's land' A road range for reference is 5250 and 5340. I will be surprised if it gives upward break - but then we are mere followers of the market and we shal do so!
A close below 5240 now can give the needed warning to all of us.
Happy trading !
CA Rajiv D Khatlawala
www.investogyan.com
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