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Weekly Journal As For 26.10

The document provides a weekly market analysis and recommendations. It analyzes the performance of the Nifty index, noting support and resistance levels. It identifies sectors that are oversold and may rebound, including IT, cement, and reality sectors. The document also provides the weekly trading range and breakout/breakdown levels for numerous stocks to help manage portfolios. Readers are advised to buy on dips but exit if the Nifty fails to close above key resistance levels.

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indianstockmarket
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62 views

Weekly Journal As For 26.10

The document provides a weekly market analysis and recommendations. It analyzes the performance of the Nifty index, noting support and resistance levels. It identifies sectors that are oversold and may rebound, including IT, cement, and reality sectors. The document also provides the weekly trading range and breakout/breakdown levels for numerous stocks to help manage portfolios. Readers are advised to buy on dips but exit if the Nifty fails to close above key resistance levels.

Uploaded by

indianstockmarket
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 13

AT A GLANCE

CONTENT IN THE JOURNAL

 GLOBAL INDICES
 MARKET/ NIFTY VIEW WITH SUPPORTS AND
RESISTANCE.
 INTRADAY RECOMMENDATION
 INTRADAY RECOMMENDATION (PAST WEEK
PERFORMANCE )
 TRADING STYLE OF MOST WANTED STOCKS.
 SECTOR WISE BREAKOUT & BREAKDOWN LEVELS.
 PAST WEEK RETURN AS PER JOURNAL
 TRADING SPOTLIGHT.
 HAPPY TRADING AHEAD.

GLOBAL INDICES
NIFTY CHART (WEEKLY VIEW)
NIFTY
(26th OCT 2009 TO 1st DEC 2009)
5064 vs. 4964
RELIANCE vs MARUTI,SBI,INFOSYS

WE HAVE WRITTEN IN OUR PREVIOUS WEEKLY JOURNAL,


PROFIT BOOKING TO BE CONTINUED .NOW THE QUESTION IS
THAT IS THIS ONLY PROFIT BOOKING OR SHORT TERM
CORRECTION ? READ BELOW TO GET THIS ANSWER.

BEHAVIOUR OF NIFTY IN LAST WEEK

IN THE LAST WEEK NIFTY WAS IN A RANGE OF 5182-4968. FROM THE PAST RECORD IT
WAS SEEN THAT IN OCTOBER, MARKET IS NOT FABOURABLE FOR BULLS.AFTER
DEWALI MARKET CORRECTED SHARPLY AND PROFIT BOOKING SEEN IN THE
MARKET.HOWEVER NIFTY MANAGED TO CLOSE ABOVE THE 4495 MARK AND MADE A
HIGH AROUND 5182 AND FINALLY CLOSED AT 4997.05. THOUGH PROFIT BOOKING
SEEN IN THE MARKET BUT AT THE END OF THE WEEK MARKET CLOSED ABOVE
VITAL SUPPORT.

WHAT THE CHART SAYS

AS PER TECHNICAL POINT OF VIEW MARKET CLOSED IN BETWEEN TWO VITAL


LEVELS LIKE 5064 AND 4964.SO IT IS DIFFICLUT TO SAY WHAT NIFTY ACTUALLY DO IN
NEXT WEEK.BUT UNLESS NIFTY CLOSE BELOW 4889 WE ARE SAFE AND WE WILL
TREATE THIS FALL AS PROFIT BOOING AND NOT AS CORRECTION. SO BUY ON DIPS
STRATEGY IS APPLICABLE UPTO 4889. NOW UNDERSTAND THE MARKET VERY
CAREFULLY POINT BY POINT-

SUPPORT SIDE-

1) VITAL SUPPORT 4965.UNLESS BREAKS NO PROBLEM FOR BULLS


2) IF BREAK 4965 THEN MARKET LIKELY TO TEST 4945 AND 4920.THIS TWO LEVELS
ARE GOOD BUYING ZONE.
3) WE ARE AGREE TO BUY ON DIPS AT THESE TWO LEVELS AS RISK REWARD RATIO
IS FAVOURABLE.
4) READ THIS POINT CAREFULLY, 4889 IS LAST HOPE FOR BULLS AND BREAKS BELOW
IT THERE IS A POSSIBILITY TO ANOTHER DOWN TREND CYCLE.

RESISTANCE SIDE

1) 5032 IS VITAL RESISTANCE


2) TRADE ABOVE 5064 YOU WILL GET FIRST SYMPTOM THAT MARKET LIKELY TO GO
UP AND RELIEF RALLY COMING IN
3) FOR UP MOVE CONFIRMATION MARKET NEEDS TO CLOSE ABOVE 5118 ZONE.

TREND DECIDER

TREND DECIDER MEANS A CERTAIN LEVEL ABOVE WHICH MARKET LOOKS GOOD
(APPARENTLY BUT NOT CONFIRMED) AND BELOW WHICH MARKET LOOKS BAD
(APPARENTLY BUT NOT CONFIRMED).
NIFTY TREND IS 4995.ABOVE WHICH UPTREND IS INTACT AND PEOPLE LIKE TO BUY
ON DIPS BUT BELOW IT PEOPLE ARE NOT INTERESTED TO BUY, THEREFORE MARKET
LOSES ITS MOMENTUM.

SUMMERY

Market trading range- 4945-5118


For upmove confirmation closing needed above 5118 zone
For down side confirmation closeing below 4889 zone.
Profit booking zone 5064 with a stop loss 5072.
(As selling /profit booking expected from 5064.So book profit and wait for dips)
Buying zone 4970-4940 zones with a stop loss 4889

READ CAREFULLY YOUR STRATEGY


MARKET IS IN OVOESOLD POSION AND LIKELY TO REBOND, SO YOU HAVE TO BUY ON
DIPS KEEPING STOP LOSS 4889 AND EXIT AT HIGHERE LEVELS UNLESS CLOSE ABOVE
5118 ZONE.JUST TAKE THE ADVANTAGE OF BOUNCE BACK.

THIS TIME WE WILL NOT OVEREXPOSED IN THE MARKET AT HIGHER LEVELS. IF


MARKET NOT ABLE TO CLOSE ABOVE 5200 LEVELS AGAIN OR UNABLE TO CREATE A
NEW HIGH ,THIS MAY CREATE MAJOR ISSUE FOR CORRECTION AND WE WILL
UPDATE THIS TIME TO TIME IN THE MID WEEK OR NEXT WEEK.
R E L I A N C E ? ? ? - RELIANCE,THE MARKET LEADER CORRECTED
SHARPLY AND YOU HAVE TO UNDERSTAND THE STOCK TO
UNDERSTAND THE MARKET BETTER.SHORT TERM CHART OF RELIANCE
IS VERY WEEK.AS IT IS OVERSOLD,SOME SORT OF BOUNCE BACK
EXPETED FROM IT AND THIS WOULD BE EXIT OPPORTUNITY AND YOU
WILL GET THE STOCK MORE LOWER.THE CHART SAYS THAT 2030 IS
STRONG SUPPORT AND UNLESS BREEAKS 2005 THE STOCK WILL
REBOUND. FOR UP MOVE THE STOCK WILL RESIST AT 2097
LEVELS.UNLESS CLOSE ABOVE 2154 RELINCE IS IN DANGER ZONE AND
PROFIT BOOKING EXPECTED FROM THIS STOCK AT EVERY HIGH.
POSITIVE SIDE NEGATIVE SIDE

 NIFTY CLOSED ABOVE VITAL  RELIANCE STOCK NOT


RESISTANCE 4995 ZONE. PARTICIPIATED.

 FIIs & DIIs CASH INFLOW  ADVANCE DECLINE RATIO NOT


SATISFACTORY. SATISFACTORY.

 MARKET IS IN OVERSOLD  WEEKLY LOWER CLOSING

 IT STOCK MOVING UP  MONTHLY LOWER CLOSING

HOT STOCK FOR 26.10.2009

STOCK NAME % GAIN


JUBILANT ?
KIRLOSOIL ?
SHRIRAMEPC ?
GWALCHEM ?
SELMCL ?
AFTER VERIVYING GLOBAL CUES WE WILL SEND
YOU BUY/SELLING AND STOP LOSS IN YOUR MOBILE.

TRADING STYLE OF MOST


WANTED STOCKS (WEEKLY VIEW)
(It is not recommended to buy/sell just manage your portfolio if you hold these stocks)
SL STOCKS TRADIN BREAKOU BREAKDOW
NAME G T LEVEL N LEVEL
RANGE

1 CHAMBL 50-56 58 48
2 GVKPIL 49-53 55 48
3 HCC 126-135 138 122
4 IFCI 51-56 58 50
5 JPASSOCIAT 228-247 248 222
6 JPHYDRO 72-82 84 78
7 NAGARFER 30-35 36 28
8 RPL - - -
9 RNRL 82-87 88 80
10 ROLTA 185-206 196 184
11 SAIL 180-188 182 178
12 SATYAM 105-115 117 103
13 SESAGOA 317-343 322 310
14 SUZLON 80-90 92 78
15 UNITECH 94-104 106 92

NB THE SUPPORTS AND RESISTANCE GIVEN ON WEEKLY


BASIS.REMEMBER THE CONDITIONS-

1) BREAKOUT AND BREAKDOWN VALID FOR CLOSING BASIS.


2) WE ARE NOT GONING TO RECOMMENDEND THIS STOCK TO
INVEST, JUST MANAGE YOUR STOCKS IF YOU HAVE FOLLOWING
THE LEVEL GIVEN.
3) BREAKOUT AND BREAKDOWN SUBJET TO NIFTY CONDITION
THAT MEANS IF NIFTY IS IN BREAKDOWN LEVEL BUT STOCK IS IN
BREAKOUT LEVEL ,THEN THE BREAKOUT WOULD NOT BE VALID
AND VICE VERSA
MANAGE YOUR CAPITAL
THESE STOCKS ARE GIVEN, SECTOR WISE.THESE STOCKS WHICH HAVE ALREADY
TAKEN BREAKOUT/BREAKDOWN OR GOING TO TAKE BREAKOUT / BREAKDOWN AS IN
THE CASE MAY BE, TO UNDERSTAND THE MARKET BREATH .SO YOU HAVE TO BUY
ABOVE OR NEAR AT OUR BREAKOUT LEVEL KEEPING THE BREAKDOWN LEVEL AS
STOPLOSS OR SELL BELOW THE BREAKDOWN LEVEL KEEPING BREAKOUT LEVELS AS
STOPLOSS TO PROTECT YOUR FUND.

AUTO SECTOR
SCRIPS BREAKOUT BREKDOWN REMARK

M&M 918 885


MARUTI 1510 1470 THE AUTO SECTOR IS IN OVERSOLD
ZONE AND NEED TO TRADE ABOVE OUR
HEROHONDA 1610 1572 BREAKOUT LEVELS TO GO HIGHER.THIS
TATAMOTORS 535 525 SECTOR LOOKS GOOD

BAJAJ AUTO 1490 1425

BANK SECTOR
SCRIPS BREAKOUT BREKDOWN REMARK

AXISBANK 1001 970 LOOKING WEEK AND PROFIT


BOOKING EXPECTED ON
ICICIBANK 911 886 RISE.BUY.NEED TO PERFORM TO
KOTAKBANK 810 785 HELP THE MARKET TO GO UP.
SBI 2385 2315
METAL SECTOR
SCRIPS BREAKOUT BREKDOWN REMARK

TATASTEEL 458 422 OVERBOUGHT AND NOT LOOKING


STRONG.PROFIT BOOKING ALREADY
JSWSTEEL 732 700 STARTED.SO FRESH BUYING NOT
STER 678 638 ALLOWED AT THE CURRENT PRICE.
BHUSANSTL 1044 1010

IT SECTOR
SCRIPS BREAKOUT BREKDOWN REMARK

TCS 531 514 LOOKING STRONG. ALREADY ABOVE


OUR BREAKOUT LEVELSSTARTED.SO
HCLTECH 314 306
SECTOR IS IN UPTREND.
INFOSYS 2240 2212
PATNI 448 435

CEMENT SECTOR
SCRIPS BREAKOUT BREKDOWN REMARK

ACC 784 750 THIS SECTOR IS IN OVERSOLD ZONE


AND NEED TO TRADE ABOVE OUR
GRASIM 2206 2100 BREAKOUT LEVELS TO GO HIGHER.

REALITY SECTOR
SCRIPS BREAKOUT BREKDOWN
REMARK
HDIL 390 368 THIS SECTOR IS IN UPTREND AND IT
IS ADVISABLE TO BOOK PROFIT AT
DLF 445 430
HIGH LEVELS
IBREALEST 284 270

CLOSE EYE ON THE BREKOUT LEVELS OF THE RED MARK STOCKS


LAST WEEK PERFORMACE(short term calls)
(WEEKLY BASIS)
STOCKS NAME % UP

BATAIDIA CONSOLIDATING

CENTRALBANK CONSOLIDATING
PTC 4%
ROHLTD 6.3 %

CANDC 21.5 %

As trading session was shorter in previous week all stocks were not
performed .It will take time to go up.

THIS
WE ARE NOT GIVING DELIVERY T HIS WEEK, LETS THE MARKET
BE STABLE OR TAKE REBOUND.
CAUTION
ALL THESE BUYING LEVELS ARE VALID AND BUYING IS
ALLOWED UNTIL NIFTY ABOVE 488
4889 LEVEL.

WHY YOU JOIN WITH “ISMTEAM”

1 WE WILL TRY OUR BEST TO MAKE YOU PROFIT.

2 WE WILL PROVIDE OUR SERVICE AT AFFORTABLE PRICE.

3 YOU WILL GET MARKET MOVEMENT OR NIFTY SUPPORTS AND


RESITANCE DAILY TO MAKE YOU UNDERSTAND MARKET
CONDITION.

4 AT OPENING YOU WILL GET INTRADAY STOCK WITH BUYING AND


SELLING /TARGET LEVEL AND WITH STOP LOSS.

5 DURING MARKET, YOU WILL GET NIFTY ALERT AND STOCK


MOVEMENT/CALLS.

6 AT THE END YOU WILL GET BTST CALLS.

7 YOU WILL GET SHORT TERM DELIVERY CALLS IN OUR JOURNAL.

8 IF YOU WANT TO BUY/SELL ANY STOCK THEN MAIL US AND WE


WILL GUIDE YOU INSTANTLY WITH BUYING AND SELLING LEVEL.

DON’T WORRY,WE ARE WITH YOU TO GUIDE YOU BEST

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