Monday, September 24, 2018

TODAY STRATEGY :

Do Not panic in market, such types of panic a good  opportunity to buy for long term investors. 

Yes Bank   :  Around 225 and more decline up to 200  buy this bank for long term,  target 400 + This is a golden opportunity and almost  Against the volume of Friday 31 crores total delivery volume around  12.90 crores which is clearly indicate that long term investor and mutual fund bought heavily.  There is no meaning whether Ran Kapoor in or out.   Bank will run continue and may possible better people of Rana Kapoor will manage the bank. 

DHFL  :  

Excellent stocks and on a single day  more than 50 per cent eroded but good opportunity to buy side.  Total volume 12.90 crores against 2.42 crores shares in delivery so think about that who are buying at that level too.

IBUL Housing.....
After HDFC  this company is a second position and  there is huge assets base.  
Aginst 1.45 crore volume nearly 58.42 lacs shares of delivery volume such as 40% it means smart money buying...

So buy these stocks any sharp decline for long term....
Market will remain.........
Ultimate Nifty Target 20000 + 2019 onwards
Have a patience. 

Trading Strategy   :  Monday  

Nifty  + Bank Nifty  

1. First 45 minutes wait and watch and do not think to any buy and sell and close watch market.

2.  After 45 minutes i.e. 10 am.  Buy days high above in your stop loss days low...............and vice versa (on sell side, days once break 45 minutes low and stop loss 45 minutes high) 

3.  Do not follow TV channels recommendations if you find that they are changing their views minutes to minutes and confusing viewers so best way to avoid and use Mute button. 
Market Trend   :
   OUR 100% target achieved one day (Nifty once break 26100 –non stop 1000 points wipe out )
Strong Resistance – 11300-11350  as long as below, down side open towards 10750-10000
Now Time to Pull back and
Market Out Look :
Crash –Crash-Crash. On Monday major sell off seen in market due to some NBFC companies failed to make a payment in market resulted broad based selling seen over all and major hammering seen in  30 minutes chart. Over all 480 points swing on intra day alone i.e. 11346 to 10866 and almost 5.6 lacs  crore wealth wipe out in market. In Bank Nifty also roller coaster seen and almost 1500 poins volatile in market. Now time to avoid any long and likely some pull back but good opportunity to exit long and fresh short side.  We are expecting on Monday more sell off can not be ruled due to RMS and margin call.
On the other hand panic selling on some time can be a good opportunity of buying side I long term such as Yes Bank, DHFL, I Bul Housing, LIC Housing. Because fear always selling and once fear will be subsidies buying start.  In this fall  Housing Finance Companies and OMC are available at a good price for long term purposes.

Nifty Spot  : 
On Friday over all crash in market and week to week basis Nifty loss more than 372 points.  However, on Friday Hammering in market strong pull back also seen and we may consider time being short term bottom have been established which is a Firday low  10866 and 10750 whereas 200 DMA are established.  We expected that market likely pull back with volatile nature.  Higher level major supply zone 11300-11350 watch out.

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