Commodity Trading Guide

https://www.youtube.com/watch?v=ed4ptHAJ5AM

Simple Treatment for Arthritis. Dr B M Hegde says do not take pain killer.

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How To Make 12v Bike Battery

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Stock Bottom Fishing Techniques

https://www.youtube.com/watch?v=hYyIkTcbz_o

Stock Bottom Fishing Techniques a

ITC and CIPLA have made their bottoms. These stocks gave a profit of around 20% to 25% in the last 10 trading sessions. 1. Futures data in the derivatives: The short positions were created in ITC. The squaring off of the existing short positions indicates that the bottom of the stock is very near. Normally, fresh positions are created on reverse side i.e. long positions are created for next month's expiry in the case of ITC 2. Volume is a very important criterion to find out whether the up move or down move will sustain or not. If the move is not supported by volume then it will not sustain. 3. Normally, a stock or index which shows a sharp move will consolidate and form the bottom. There was a sharp fall in the ITC, therefore, an accumulation stage signals that the Stock Bottom Fishing Techniques 4. The delivery %, traded value and the no of trades increase near the bottom of the stock. In the case of ITC, there was a significant buying by the big players near the bottom of the stock. 5. If the call writers start closing their positions then it means the bottom is very near. Also, an investor will observe fresh put writing simultaneously. 6. Maximum pain point can also confirm whether the stock has formed its bottom or not. 7. In case of a buying by the big players, you may observe that stock will list under the most active securities. Indirectly, it also implies that the big players are active in that particular stock.

Candlestick secrets

https://www.youtube.com/watch?v=u4VlwBtdTUQ

5 Things wish I knew when I was new to Trading

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Sensex off record high, halts 6-day winning streak as traders book profits

https://economictimes.indiatimes.com/markets/stocks/news/sensex-off-record-high-halts-6-day-winning-streak-amid-profit-booking-in-financials/articleshow/80767140.cms

 

NEW DELHI: Last-hour selling by investors snapped the six-day winning streak for benchmark indices as all sectors but select financials saw profit-booking on Tuesday. Weak European markets also dented sentiment.

The ongoing rally has been driven by better-than-expected corporate earnings and the government's capex plans. Bullish FIIs have been a fervent supporter in the last 6-7 sessions.

The 30-share pack Sensex slipped 19.69 points or 0.04 per cent to close at 51,329.08. Its broader peer NSE Nifty fell 6.50 points or 0.04 per cent to 15,109.30. Both indices hit fresh record highs before erasing a per cent of gains.

"Nifty chugged along early in the day hitting new peaks, helped by private banks and the energy sector. But it has not been a broad-based move so far though, with yesterday's winners like metals and auto giving away their gains. Clearly, traders are looking to take some money off the table, with Nifty having extended its gains for the seventh straight session post-Budget," said Anand James, Chief Market Strategist at Geojit Financial Services.

Market at a glance

·       Torrent Pharma plunges 6% after co disappoints in Q3

·       Future Retail hits 10% upper circuit on Delhi HC order

·       M&M sees profit-booking after Monday's gain, falls 3%

·       Oil stocks gain as crude oil rallies to one-year high

·       Volatility barometer India VIX rises 1% to top 24 level

·        

Among the bluechip scrips, SBI Life Insurance was the top gainer, rising 3.95 per cent. Asian Paints, HDFC Life Insurance, ONGC, Indian Oil, Titan, Shree Cements and Wipro were other gainers.

M&M was the top loser in the Nifty pack, falling 3.04 per cent. Tata Motors, JSW Steel, ITC, Bajaj Auto, Bajaj Finance, Coal India, Divi's Labs, TCS and Bajaj Finserv were other stocks that ended in the red.

Broader market indices ended with cuts in line with their headline peers. Nifty Smallcap dipped 0.56 per cent and Nifty Midcap fell 0.08 per cent. Nifty 500 -- the broadest index on NSE -- slipped 0.06 per cent

Ircon International, Amber Enterprises, IEX, Future Retail, Tata Chemicals and Gujarat Gas were top gainers from the mid- and small-cap indices, climbing in the range of 5-10 per cent.

Balkrishna Industries, Sun TV, Aditya Birla Capital, HEG Infra, DCB Bank and Firstsource Solution were major losers from broader market space, falling in the range of 3-10 per cent.

The sectoral matrix on the NSE was mixed. Nifty Bank, Nifty Financial Service and Nifty Private Bank registered gains of around 0.2 per cent each while Nifty Media, Nifty Pharma and Nifty Auto dropped over a per cent each.

Market breadth was in favour of losers as 1,305 stocks ended in the green, while 1,661 counters settled with cuts. As many as 316 securities hit 52-week highs, mostly from the smallcap space. Meanwhile, 32 scrips hit 52-week lows, mostly from the microcap space. About 310 stocks hit upper circuit limits and 237 lower circuit limits.

European markets were trading lower at the last count. London-based FTSE was down 0.03 per cent while Paris and Frankfurt were down 0.01 per cent and 0.52 per cent, respectively. In Asia, barring South Korea and Indonesia both of which closed lower, all markets ended with gains. Shanghai Composite was the top gainer, up 2.01 per cent.

Worth listening to this analysis

5 reasons why Modi govt has lost the farm laws battle and what to expect next

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TCS fundamental analysis

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Stocks - Budget 2021

These stocks may be in focus ahead of Budget 2021

 

"Many of the key themes in the Budget will revolve around COVID-19, either directly on health issues (vaccines) or regulatory support to most affected sectors (such as hospitality, retail, aviation etc.). In addition, infrastructure, agriculture, the social sector and promotion of domestic manufacturing, alongside incentives to boost construction and housing, are likely to be in focus," says Sonal Verma, economist at Nomura.

 

The automotive industry expects details regarding setting up of vehicle scrappage infrastructure and clarity on the product-linked incentive (PLI) scheme. Apart from that, increased spending on the infra and rural sectors will also boost the fortunes of automakers. Stocks to watch: Hero Motocorp, Bajaj Auto, Escorts, Maruti Suzuki, Ashok Leyland, SSWL, Endurance Tech and Minda Industries.

 

Consumer durables

The industry is expecting an extension of the PLI scheme, lower GST on discretionary products and an increase in tax slams that will lead to more disposable income. Stocks in focus: Polycab India, Sheela Foam, Amber Enterprises and Dixon Technologies.

 

 

Increased investment in agri-infrastructure such as cold chain, warehousing and logistics, and a sustained rise in allocation to the agriculture sector, doubling of the tax-saving limit for investments and an increase in excise duty, levy of a COVID cess or a rise in the NCCD duty on cigarettes and tobacco are some of the key expectations. Stocks in focus: Dabur, HUL, Britannia, Asian Paints, Jyothy Labs, Emami, Nestle, Marico and Godrej Consumer Products may benefit, but ITC, Godfrey Phillip and VST Industries may be affected.

 

The Pesticides Manufacturers and Formulators Association of India (PMFAI) expects a reduction in GST rates. Apart from that, inclusion of the chemical sector under the PLI scheme and changes in the custom duty structure for bulk chemicals are some of the other demands. Stocks in focus: PI Industries and Dhanuka Agritech, and all companies in the specialty chemicals sector.

 

Urban infrastructure and real estate are expected to get more funds for development. Meanwhile, the Pradhan Manti Gram Sadak, the Pradhan Mantri Awas (Rural) and MNREGA schemes are also expected to get more funds for development. Stocks in focus: Dalmia Bharat, JK Cement, Birla Corp and Star Cement.

 

The industry has a long expectation list including recapitalisation of PSU banks, a new bad bank to deal with the accumulated stress, and privatisation of some banks. Housing finance firms expect an extension of the CLSS scheme under PMAY. Other demands include tax incentives to enable people to buy adequate health insurance and an increase in the quantum and the timeline of the ECLGS scheme, which is part of the government's broader Atmanirbhar Bharat drive. Stocks in focus: All PSU banks, private banks, insurance and housing finance companies.

 

Dalal Street analysts are expecting exemption in the dividend distribution tax, which may benefit Indian IT companies that pay healthy dividends. Exemptions in the tax will encourage the overall IT sector. Stocks in focus: TCS, Infosys, HCL tech, Tech Mahindra and other IT services companies.

Traction can be expected in the spectrum of bandwidth which will impact the capacity expansion of some telecom and improve services. Stocks in focus: Bharti Airtel, Reliance Industries and Vodafone Idea.