Brent Crude’s slide into the negative territory triggered a whirlpool of speculation, causing chaos amongst stock market players. As the economics of crude oil became the talk of the town, investors were unwilling to accept the physical delivery at the time of settlement which forced them to ... Views: 294
We all know the importance of market status in determining an investor’s stance in the CANSLIM style. It not only helps you realize gains by being aggressive when the risk is minimal but also protects you from unwarranted risks of markets.
When the market is in a Confirmed Uptrend, it is the ... Views: 314
Today’s Action
Nifty, +1.8%; Sensex, +1.9%; Nifty Midcap, +1.3%; Nifty Smallcap, +0.7%; Model Portfolio, -0.4%
Market Pulse Confirmed Uptrend
Nifty opened slightly in the green. As the day progressed, the buyer demand increased, which resulted in Nifty closing 1.8% higher. The volume ... Views: 301
Today’s Action
Nifty, +1.1%; Sensex, +1.2%; Nifty Midcap, +1.3%; Nifty Smallcap, +0.7%; Model Portfolio, +0.00%
Market Pulse Confirmed Uptrend
Nifty opened up to solid gains this morning. It remained volatile during the day but managed to closed in the upper half of the day’s range. ... Views: 323
Today’s Action
Nifty, +1.1%; Sensex, +1.2%; Nifty Midcap, +1.3%; Nifty Smallcap, +0.7%; Model Portfolio, +0.00%
Market Pulse Confirmed Uptrend
Nifty opened up to solid gains this morning. It remained volatile during the day but managed to closed in the upper half of the day’s range. ... Views: 314
Over the last couple of months, we discussed about identifying a correct buy point using common chart pattern/base formation such as cup-with-handle, double bottom, and flat base. Along with the type of base, it is important to understand the stages of base.
Stages begin at one and increase ... Views: 306
Today’s Action
Nifty, +1.4%; Sensex, +1.5%; Nifty Midcap, +1.3%; Nifty Smallcap, +1.7%; Model Portfolio, -1.4%
Market Pulse: Confirmed Uptrend
Today’s session was highly volatile due to the expiry of weekly options contracts. 54% of Nifty50 stocks advanced today, led by Kotak Mahindra ... Views: 293
Today’s Action
Nifty, -3.0%; Sensex, -3.2%; Nifty Midcap, -3.1%; Nifty Smallcap, -3.8%; Model Portfolio, 0%
Market Pulse Confirmed Uptrend
Indian markets reacted sharply to the global cues after prices of WTI crude crashed and landed in negative territory for a while. Nifty gapped down ... Views: 270
Today’s Action
Nifty, -0.1%; Sensex, +0.2%; Nifty Midcap, +0.5%; Nifty Smallcap, +0.4%; Model Portfolio, -1.4%
Market Pulse Confirmed Uptrend
After opening more than 100 points higher, Nifty succumbed to profit booking and ended flat. It was a highly volatile trading session. Only 28% ... Views: 264
Today’s Action
Nifty, -0.1%; Sensex, +0.2%; Nifty Midcap, +0.5%; Nifty Smallcap, +0.4%; Model Portfolio, -1.4%
Market Pulse Confirmed Uptrend
After opening more than 100 points higher, Nifty succumbed to profit booking and ended flat. It was a highly volatile trading session. Only 28% ... Views: 272
Even when the market is in a Confirmed Uptrend, it is important to initiate your positions at the proper time in stock. A breakout from a base pattern is considered an ideal time to buy a stock. When markets are correcting, three out of four stocks feel the pressure. Even fundamentally strong ... Views: 260
Today’s Action
Nifty, +0.8%; Sensex, +0.7%; Nifty Midcap, +1.8%; Nifty Smallcap, +2.8%; Model Portfolio, +2.0%
Market Pulse Confirmed Uptrend
Nifty, after a negative opening, closed the day around 70 points higher. It made an intraday high of 9,053 and closed below 9,000. Today, 70% of ... Views: 303
Today’s Action
Nifty, -0.8%; Sensex, -1%; Nifty Midcap, +1.3%; Nifty Smallcap, +1.3%; Model Portfolio, -0.2%
Market Pulse Confirmed Uptrend
Nifty, after a gap up opening, traded in a narrow range in the first half of the trading session. However, the index shed all its gains in the last ... Views: 259
"Don’t argue with the market. Never try to prove you’re right and the market is wrong." - William J. O’Neil, MarketSmith India Founder
In the last week’s learning article, we discussed how a rules-based investing system helps an investor to stay clear of biases. Biases can be of two types: ... Views: 317
Weekly Action
Nifty, -6.7%; Sensex, -7.5%; Nifty Midcap, -3.8%; Nifty Smallcap, -2.3%; Model Portfolio, 0%.
Market Pulse : Confirmed Uptrend
Weekly Market Review
Nifty, after a negative opening to the holiday-truncated week, recorded a follow through day on Tuesday as index gained ... Views: 389
Any investing strategy must answer two crucial questions:
What to invest in?
When to invest (and exit)?
The first question pertains to the “Stock Selection” aspect of the strategy, which comprises rules and techniques for “Stock Screening”. The CANSLIM investing system offers such stock ... Views: 326
Today’s Action
Nifty, -4%; Sensex, -4.1%; Nifty Midcap, -2%; Nifty Smallcap, -1.5%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Confirmed Uptrend
Nifty staged a downside reversal closing near the lows but on a lower volume. Nifty Bank and IT saw high selling pressure. ... Views: 279
Today’s Action
Nifty, +3.8%; Sensex, +3.6%; Nifty Midcap, +2.3%; Nifty Smallcap, +3.1%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Confirmed Uptrend
Nifty ended the day with strong gains, up about 3.5%, on higher volume than yesterday’s session. As the volume was higher ... Views: 327
Today’s Action
Nifty, -4.4%; Sensex, -4.6%; Nifty Midcap, -2.8%; Nifty Smallcap, -2.3%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Rally Attempt
Nifty, after opening around 300 points lower, surged higher to make an intraday high of 8,576. However, as the day progressed, ... Views: 430
By Marketsmith India
In the stock market, nothing works 100% of the time. That's why you have to be prepared to deal with failed signals. In CAN SLIM, the market itself – the M in CAN SLIM – is the most important factor for making money. Your chances of grabbing profits in growth stocks ... Views: 318
Today’s Action
Nifty, +3.9%; Sensex, +4.9%; Nifty Midcap, +3.4%; Nifty Smallcap, +3.2%; Model Portfolio, 0%
Daily Market Review
Market Pulse:Rally Attempt
Nifty extended its gains for the third consecutive trading session and advanced more than 13% after suffering its worst single ... Views: 303
Today’s Action
Nifty, -13%; Sensex, -13.2%; Nifty Midcap, -13%; Nifty Smallcap, -12.9%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Downtrend
Nifty, after a gap down opening, hit 10% lower circuit leading to a trading halt for 45 min. After the trading resumed, the index ... Views: 292
“Just remember buying at new highs is buying into emerging strength.” – William J. O’Neil
Overhead supply, also known as percent off high, represents price levels at which a stock’s recovery is impeded as it tries to rally back from a steep decline. The pressure comes in the form of investors ... Views: 294
Today’s Action
Nifty, -5.6%; Sensex, -5.6%; Nifty Midcap, -5.5%; Nifty Smallcap, -6.3%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Downtrend
Nifty opened higher but selling pressure quickly grappled the markets. The index breached the low made on Friday, and is at a new ... Views: 312
Today’s Action
Nifty, -2.5%; Sensex, -2.6%; Nifty Midcap, -2.5%; Nifty Smallcap, -3.0%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Rally Attempt
Nifty opened higher and made an intraday high of 9,403. However, in the second half, the index succumbed to selling pressure, ... Views: 313
Weekly Action
Nifty, -9.4%; Sensex, -9.2%; Nifty Midcap, -10.8%; Nifty Smallcap, -13.2%; and Model Portfolio, -10.6%.
Market Pulse: Downtrend
Weekly Market Review
Before we discuss the historic dramatic move of today’s session, let us first reiterate how the week went.
On Monday, ... Views: 309