Get started

India

Indian Stock Market Outlook for 2018 The two-year bull run of Indian stock market since March 2016 is due for a breather. Sensex touched a new all-time high of 36443 on January 29, 2018, ushering new euphoria amongst people. Markets do not go straight up or down, they do so in steps. We are expecting a step-down 2018 for 90% of Indian equities. And we do not expect the new highs to be taken out for the better half of 2019.The reason for a bearish outlook for Indian markets for us is purely technical. We do not try to link fundamentals with our reason so as to appease the economists. What this means for an average investor is to either sit on cash or be very stock specific. Following the broader markets – it’s going to be very hard to generate a positive return on investment this year. How deep the correction is going to be will become clearer when the market makes a few lower lows and lower highs. We, on this blog, are trying to bring you information and ideas to create wealth amidst all odds. Our investment philosophy is to be in the know of events unfolding that lead to changes either positive or negative – come out as a winner, regardless. Keep coming back to this blog to know what we have our eyes on. We will give you plenty of stock ideas so as to make your year a fruitful one.
NSE:NIFTYShort
by UnknownUnicorn2595495
4
Elliott Wave View favoring more upside in NIFTYHello Traders, NIFTY is showing an incomplete sequence to the upside in the short term, favoring more upside while above 11/26 low (10487.1). Near term, cycle from 10/26 low (10004) remains in progress as a zigzag Elliott Wave structure. Blue Wave (A) ended at 10774.7 as 5 waves impulse Elliott Wave structure and blue wave (B) ended at 10487.13 low. Blue of wave (A) unfolded as an impulse where red wave 1 ended at 10285.1, red wave 2 ended at 10105.10, red wave 3 ended at 10619.55, Red wave 4 ended at 10440.55, and red wave 5 of (A) ended at 10774.7. Blue wave (B) pullback unfolded as a double three Elliott Wave structure where red wave W ended at 10562.35, red wave X ended at 10646.25 and red wave Y of (B) ended at 10487.13. Up from 10487.13 low, blue wave (C) is in progress as a 5 waves impulse Elliott Wave structure where red wave 1 ended at 10941.20 and red wave 2 pullback is proposed to be completed at 10831 and ideally should extend higher as long as it stays above that level but more importantly above 10487.13 low. We don’t like selling it as the right side is to the upside.
NSE:NIFTYLong
by Elliottwave-Forecast
2
NIFTY 50 Looking to Consolidate Soon For those that are following this market and are invested into this index, it looks like there is some consolidation that we can expect in the very near future at some point. The Indian markets are not immune to the same thrusts, ebbs & flows of the general markets. As of right now, the DJI is currently getting pounded and so is the SPY as well as any other indices that is tracking European + U.S. stocks currently. Conversely, the NIFTY 50, NIKKEI and other Asian indices are doing well. Potentially because of dollar flight into those markets. However, one fundamental key that investors should be remain cautious of is the excessive debt incurred by the Indian government. Recently, the Indian government replaced the board of Infrastructure Leasing & Financial Services; a move that could greatly reduce foreign investment and reduce overall faith in India's sustenance over the long-term. The financial outlook for India has persistently looked bleaker on a month over month basis for a while, but few have seriously paid attention. The tip over of the Indian markets could cascade into other markets in the East and eventually have a global impact. This is worth seriously monitoring.
NSE:NIFTYShort
by librehash
Trade and Mindset Failure Analysis.Everyone has bad days in trading - I usually never let my mind get affected. This was different, because like an amateur, I panicked out of a set of trades because one went bad. I was in three trades simultaneously- 1. Short on a put option for 9000 strike = Would have worked out if I gave it time 2. Bought Tata motors - trade premise inconsistent and circled back to market conditions = Would have been a break even trade - why was I trading the stock anyway, it was neither my speciality nor an immediate need. Maybe I was uncomfortable with my exposure 3. Long on a call option = Would have worked out if my goal was different (instead of covering a loss from the above two trades, I should have treated it as an independent event) The timeline of events is as above. Learnings: 1. Stick to Futures, Options and Indices. I am not a stock trader - I trade derivatives which I'm good at. Lack of volatility made me skittish and I panicked. 2. I'm watching too many TV series and not working hard enough. That changes today. I am working out every day which is becoming the second good thing I do - I used to have more and I'm going to work harder to get back to that. 3. Too many things on my mind - its time to close everything outside of trading that's pending - immediately, make a to-do and strictly stick to it 4. No more gaming on weekdays, its messing with my hardwork mindset. Other affecting factors: 1. Bitcoin is not moving. I'm hedged but its an opportunity cost that gets heavier as time goes by. Okay - that's out of my system. Back to work.
NSE:NIFTYEducation
by hiteshbhatia3559
Time to move up?NIFTY moved down in the fourth wave and bounced up from the red line as expected (see below). It appears to have now completed the fourth wave. NIFTY could move up in the fifth wave (magenta) in October, which could take NIFTY up to 12200-12300. However, if NIFTY crossed the red line and confirmed it as resistance then this wave count will be invalid and further downside would be expected. PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk. Previous analysis indicating a downward trend in NIFTY:
NSE:NIFTYLong
by ndau