Triggers ahead ! trade carefully..

Equity markets are trading sideways, as traders are waiting for upcoming big triggers.

Next triggers can move & shake all equity, Forex & commodity markets & we may some surprise movement.

We should stay alert with well hedged positions in all segment when Egypt’s decision come on or near Jan 25, ECB may announce QE on / before or after Jan 22.

There is some rumors about Japan’s one more big QE, it can be a major trigger if happened.

Although, falling commodity prices especially Crude & strengthen USD making preparation for Global slowdown.

There is no any symptoms of reversal in crude in these days, but going fresh short is a risky game.

world bank lowered global growth forecast, is also not a good sign.

It think its time to stay away from low & medium quality stocks & stay with quality stocks. Global triggers may give positive surprise but average quality stocks may start reversing to its previous low.

I’m not too much Bearish on indices but negative on average quality stocks,& not bullish on most of commodity prices.

Charts are not saying that EUR/USD is good to buy & USD/JPY is good to sell, so go with trend is better for traders.

* T & C Apply.

* Views & expressions don’t means that it is a recommendation for buy/sell/hold any stock/index/commodity.

* views & posts are only for study purpose.

*  posted  Study doesn’t mean a Trading Call, it is provided only for study.

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Problems never comes ALONE !

Problems never comes ALONE …….!

It seems like bad time of market has been started or is about to start….

Problems for global economies are started one by one…

US FED stopped Bond Buying Program… (QE3)

Euro & almost all currencies depreciated against USD

The cold war of currency depreciation has been repeated by policy makers of major countries (the mistake has been repeated of the great depreciation of 1920, & the History might be repeating itself.)

Crude going down.

Not seen a celebration (big rally) even after Japan’s QE

we have already seen the bubble of Silver & Gold busted before the QE3 going back. (before announce of QE we have seen bubble bust of real estate in US)

Correcting most of commodity prices.

Slow down news from China, Japan.

Downgrade of Japan

Global Equity market are correcting one by one… Shanghai….Rusia… nikkei….. Dax… Dow… India….. So… & so…..

* T & C Apply.

* Views & expressions don’t means that it is a recommendation for buy/sell/hold any stock/index/commodity.

* views & posts are only for study purpose.

Tech Study

DE30EURDaily short below9400

             DE30 Daily short below 9400

JP225USDDaily short sl above 17550

JP225 Daily short sl above 17550

US30USDDaily short below 17000

            US30 Daily short below 17000 

* T & C Apply

*  posted  Study doesn’t mean a Trading Call, it is provided only for study.

Chance of Reversal ?

We have seen sharp fall in almost all global indices as well as most stocks in last week, due to fear of global slowdown. So all Long positions are either booked or triggered stoplosses.

Going Short at this time on global Indices & Stocks is quite risky, its definately sell signal but “not Short sell”.

we must wait for a weekly close to analyse & confirm Short sell signal, till better to wait & stay light in position.

Falling commodity prices will create problems to all economies, & its a effect of currency war.

Most of global indices may top out & start correcting, if ECB doesn’t take favourable decisions, although signal are not clear So better to avoid aggressive positions.

* T & C Apply

bullish Stocks

I am still bullish & expecting some upside movement in following stocks in comming trading sessions.

ACC
ARVIND
BHARAT FORGE
IDBI
KTKBANK
SYNDICATE BANK

* T & C Apply.

* Views & expressions doesn’t means that it is a buy/sell/hold call in actual trading.

Levels for 27 nov

SUNPHARMA 862 848-857 open Sell on rise
AUROPHARMA wait 1065-1082 1065 open positional short if close below 1055
RANBAXY 634-643 618-632 sideways
HINDPETRO 541-548 533-538 523-512-503 bearish
BPCL 725-735 717-722 700-685 Sell on rise
RELCAPITAL wait 495-507 485-497 470-453-443
INDIACEM 107-109 98-101-106 99-93-90 sell on rise
JINDALSTEL 156 146-155 143-130 Sell on rise
KOTAKBANK 1125-1149 wait
IRB 268-272 262-265 257-245 short with Hedge
RELINFRA 640 608-620 600-580-572 short with Hedge
CENTURYTEX 563 547-560 540-526-518 short with Hedge

* T & C Apply

TRADING LEVEL OF STOCK FUT FOR 21 NOV 2014

 

Stock Long Level Long exit Level Crucial Level which is hard to break & sustain below/above Short Level Short exit Level Remarks
SUNPHARMA wait for fresh signal 866-878 861 open volatile
AUROPHARMA sideways
RANBAXY wait for fresh signal 642-656 625-641 622-605-588-575 sell on rise
HINDPETRO wait for fresh signal 543-548 540 523-512-501 positional short if close below 534
BPCL 732-735 724-731 positional short if close below 714 avoid options
RELCAPITAL wait 486-495 483 473-459-441 sideways/bearish
DLF 133-136 wait
JINDALSTEL 163 171-175-188 160 145-155 143-130 BEARISH Long ATM CE & PE
INDIACEM wait 112 107-110 Bearish
IRB sideways
RELINFRA 622-626 621 605-580-560 positional short if close below 616
CENTURYTEX 573 561-570 540-526-513 short with married ATM CE
VOLTAS 258-264 volatile
CROMPGREAV 191-194 wait
BHARATFORG 886-871 Volatile
BHEL 240-243 wait

 

* T & C Apply.

* All levels are only for Study purpose.

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