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Driven by Fundamentals and Leveraging Technicals.

All post are Only For Study & Educational Purpose.consult you Financial Advisor Before Investing or taking any position.
DISCLAIMER:We r Not SEBI REGISTERED ANALYST.
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🔷️DOW JONES TRADING NEAR 52 WEEK LOW.

🔷️COZ THAT EVEN EMERGING MARKETS TO EFFECT BUT OVERALL ITS GOOD FOR INDIAN MARKETS

🔷️RETAIL INVESTOR NOW BELEIVING IN INDIA GROWTH STORY SO BUYING.
DII BUYING
FII WOULD ALSO COME TO MARKETS LIKE INDIA AS IT OFFERS HUGE OPPORTUNITY

🔷️FALL IN CRUDE OIL VERY BENEFICIAL FOR INDIA.

🔷️DOLLAR STABLISE AROUND 70.

🔷️NIFTY SUPPORT - 10800/10750/10700
( WE CAN BOUNCE FROM 10750/10700)

🔷️NIFTY RESISTANCE - 10950/11000/11111

🔷️SO NIFTY TO BE IN ABOVE RANGE.

🔷️ANY BREAKOUT OR BREAKDOWN CAN SEE TRENT REVERSAL

🔷️BEST TO KEEP ON RADAR - CASH STOCKS.
DEEPAK NITRITE BELOW ALL MOVING AVERAGES ( 21/50/100/200)

AS PREDICTED THAT STOCK WOULD BE UNDER PRESSURE TILL Q3 ATLEST

STOCK HAS BOUNCED MULTIPLE TIMES FROM SUPPORT ZONE OF 214-217.

CMP - 219

BELOW 215 WE CAN SEE 202-190 LEVELS ALSO.

STRONG SUPPORT - 214-216
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DEEPAK NITRITE BELOW ALL MOVING AVERAGES ( 21/50/100/200) AS PREDICTED THAT STOCK WOULD BE UNDER PRESSURE TILL Q3 ATLEST STOCK HAS BOUNCED MULTIPLE TIMES FROM SUPPORT ZONE OF 214-217. CMP - 219 BELOW 215 WE CAN SEE 202-190 LEVELS ALSO. STRONG SUPPORT…
DEEPAK NITRITE HAS BROKEN IMP SUPPORT LEVELS OF 214-216 ON BACK OF CORRECTION IN PHENOL PRICES IN CHINA.

PHENOL PRICES ARE ALMOST 25% DOWN IN LAST 2 MONTHS.

STOCK IS APPROACHING TOWARDS OVERSOLD TRAJECTORY
NIFTY CAN STABLISE AROUND 10700-10760 ZONE & CAN SEE BOUNCE IN COMING WEEK AS MANY GLOBAL MARKETS WOULD BE SHUT.

NIFTY BELOW 10700 CAN TEST 10500-10400 ALSO.

TREND TO TURN POSITIVE ONLY AFTER NIFTY CROSSES 10950 - 11000 AND TRADES THERE FOR FEW DAYS.
CRUDE DOWN 6% AROUND 50$

GOOD FOR INDIAN MATKETS

TRYRE, AVIATION & PAINTS STOCKS IN FOCUS
🔷️NIFTY SUPPORT - 10550/10500

🔷️IF NOT BROKEN THAN NIFTY CAN AGAIN MOVE TOWARDS HIGHER RESISTANCE LEVELS OF 10750/10950/11000

🔷️AND IF BROKEN 10550/10500 WE CAN TEST 10300.

CONCENTRATE ON INDIVIDUAL STOCKS IDEAS
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HEG MOVING LOWER GOOD TO ACCMULATE IN SIP AROUND 3400-3500 ZONE.
HEG

NO BUYING IN HURRY

3480

MARKETS SHOWING WEAKNESS SO STOCK CAN TEST 3000 ALSO.

WAIT FOR BUYING.
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NIFTY NOT ABLE TO CROSS 11000 RESISTANCE. FURTHER TALLY ONLY AFTER 11000. NIFTY SUPPORT - 10890/10840.
NIFTY TOOK U TURN FROM 10975 LEVELS.

WATCH FOR 10550/10500 BELOW THAT 10300 & IF SUPPORT TAKEN AGAIN CAN MOVE TOWARDS 10750/10950
🔷️STOCK SPECIFIC VIEWS

🔷️ALL STOCKS DISCUSSED ARE EXPECTED TO GIVE GOOD GROWTH GOING FORWARD.

🔷️HUGE FALL IN DEVELOPED MARKETS AND COZ OF THAT MANY COMMODITY PRICES ARE DRASTICALLY DOWN & THAT HAS EFFECTED MANY GOOD STOCKS.AND ALSO CREATED PANIC IN MARKETS.

🔷️ITS TIME TO UNDERSTAND & BE REALISTIC. CRUDE NEAR 52 WEEK LOW OF $50.

🔷️$ BELOW 70 & SHOWING SIGNS OF STABLISE.

🔷️INTETEST RATES GETTING STABLE

🔷️AS GLOBAL MARKETS GET SETTLED & ONCE THEY MAKE BOTTOM.MONEY FLOW CAN BE EXPECTED IN INDIAN MARKETS ALSO.

🔷️CHASE QUALITY STOCKS COZ ONCE MARKET STABLISE THEY WOULD BE FIRST TO RECOVER.
KEEP ON RADAR GM BREWERIES

CMP - 670

COMPANY TO ANNOUNCE Q3 ON 3rd JAN 2019.

ABOVE 685/700 STOCK CAN SEE GOOD RUN UP

SUPPORT - 640/650.
NIFTY TOOK SUPPORT@ 10535

NIFTY POSITIVE BIAS SBOVE 10750

NIFTY CAN FACE RESISTANCE- 10850/10950/11000.