Nifty in Big Trouble - Kailash Pareek

Above is weekly chart of Nifty. I think I do not need to explain anything. Just click the chart and study it carefully. It points to just one thing: More pain ahead.

India Cement for September 16 - Kailash Pareek

As I had hinted earlier, that we are in trouble for a day or two, Nifty has done just that. Anyway, the more the panic, the more chances that a rally or atleast pullback is there. I just want to point you to one stock, i.e. INDIACEM. It looks good.

Stocks Update for Sep 15 - Kailash Pareek

Market seems to be nervous now. As there was massive selling, some pullback is expected before further fall. Below are some calls. Please note that these are cash rates, so watch cash market rates.

JPASSOCIAT - Short below 155.75;
M&M - Short below 537.90;
BOMDYEING - Short below 527.50;
ABB - Short below 846.90.

Hot Calls for September 12 - Kailash Pareek

The market is really worrisome again. Forming of an H&S in Nifty is negative for bulls. The calls below are cash rates hence, please watch the cash rates and trade.
BHEL - Short below 1649;
LICHSGFIN - Short below 318.40;
HDFC - Short below 2337. A H&S top formation is seen;
Inflation remains unchanged.

Return of Johnnie and RPL - Kailash Pareek

Apologies for my long silence. I hope I will be able to post regularly. Since this is the first post after a long time, I have not much to write. I will update later.

For now, I would like to tell you about one stock. An interesting thing happened about this stock. CNBC's Udayan asked an analyst about it, 3-4 days ago, and this analyst said that the company had not yet started production, hence there was no reason to buy the stock,

Udayan then murmured to Mitali, that a few months ago, he had asked this analyst about this stock - then priced at Rs 235 - and he had told him to buy like hell. This stock is RPL.

I put a buy on it with a stoploss of 158, for the the longer term, and 155 for the short term.

So, Monday morning, it will be only RPL. Lets see how much u guys respect my call.

Good Support at Sensex 13,400-500 - Kailash Pareek

The market fall may have surprised many, but 13400-500 seems to be a good support right now. The market is discounting everything slowly, and there is a strong feeling to just sell everything, isn't it? Well, this is the sign that we may see a pullback of the fall. But, let the market do what it wants.

I see here that many use indicators that shows overbought and oversold conditions. Please note that indicators may stay in oversold zone for several weeks in a bear market and in overbought zone in a bull market.

I will continue to watch the market, and if you have not noticed, this state of the market is exactly the reason why I have not been giving calls.

Sensex Does 13,500 - Kailash Pareek

Sorry, I was out and busy, and should start posting in a day or two. Today the Sensex went around my given target of 13,500. I thought it is right time to update regarding this. Remember, I had said that Sensex may go to 13000. Now that this has been done, I do not see it closing below this. If Sensex goes there, it would be a good idea to buy scrips mentioned below for decent return in mid to long run.

Buy RCOM, JPHYDRO, GMRINFRA.

In the meantime, if the market goes up, there will be some selling pressure, so, please do not be stick at higher level. For today this is all. Should something interesting come up, I will post tonight or tomorrow morning.

Market Update for May 30 - Kailash Pareek

Before posting views, I would like to refresh what I posted on May 9.

"Today (Friday)'s fall was indicated in the last two posts on my blog. In my view, the worst is still not over. But, there is a pattern in progress which is overall bullish.The 1st support for Nifty spot is 4970–75, but I don’t think it will be able to hold. The 2nd support is 4875-80. While this is a better one, my experience says it does not seem well for this level too. The 3rd is 4775-80 now, and this is what I am looking for. So, we may see some more downside, but remember we are still in bull run, in long run. According to the pattern, Nifty has to stay above 4700. For me, this is the point I don’t want Nifty to break. "

Now, Nifty is near the magic figure of 4775-80. Any close below this would puncture the overall bullish pattern discussed on May 9. We could also see a huge selloff intraday, should this level be broken.

Stocks to trade:

SUZLON - Short below 272.50; T1 263; T2 251;
INDIACEM - Short below 154.25; T1 151; T2 145;
CROMPGREAV - Short below 220; T1 113;

As market will be very volatile because of Left Front meeting on petrol price hike, as well as weekly inflation numbers. Try and book profit intraday.

Stock Update for May 23 - Kailash Pareek

Today HINDOILEXP did well, even if you bought at 156.75, there was run of Rs 3. APTECH did not trigger for the safe trader, but if you have bought at opening, chances are that you sold at a minimal profit.

For tomorrow, KSOIL is looking good. See the positive divergence on the charts? It closed at the day's high today. There is trader interest in it, and it is a must for the next few weeks.

Stocks Update for May 22 - Kailash Pareek

HDIL was given yesterday at 821 with target of 868. Today it made high of 867.95 and closed around 811-12. The fall was not expected, but the ratio of bonus 2:7 was the reason. Anyway, I hold my words. Hope you all enjoyed.

HINDOILEXP: The stock was sideways from sometime. MACD was in sell but has now turned, and also volumes have spiked. This suggests the stock is ready for a move. ADX is also evidence of support for my thought. Hoping for some good, really very good run. Enjoy. Although, you do not need to wait, but if u still want to be careful, buy above 156.75.

APTECH: Look at the chart. I have circled the perfect combination. You can buy anytime, as I always say, but if you are more careful, buy above 265.50.

P.S: Okay, I have got just 21 votes till now. It looks like most of you are busy and cannot vote. Please do take some time off and vote for me.

Stock Picks for May 21 - Kailash Pareek

Before calls let me ask you one thing: Did you enjoy HDIL? If yes, then, please vote for me. Right side a bit below you will see. Hope you will not ignore my request.

GSPL - I will just point you to one thing. Look the buy arrow in the past and then the movement of the stock. Now, look at my favorite setup of MACD and ADX. I do not have to say anything else.

TATACHEM - Buy above 393 if you want a very safe play, else you can enter when market becomes positive.

Weekly Updates for May 19-23 - Kailash Pareek

HDIL - My views for this stock remain the same. Buy above 821 for the 1st tgt of 868. After closing above 873 will give more room to move.

BANKINDIA - Look the last two white candles and volume bar. It suggests that there is good interest in the stock. There is also an inverse head and shoulder forming, which should break out Tuesday. The ADX is also below both DI's and now turning up - a setup I like the most.The stock is a good buy above 366 for T1 - 385 and T2 - 405.

There is voting option on this site now. If you like my posts, I request you to vote me. It will take only 5 seconds of your valuable time.

Nifty and Stock Calls View for May 16 - Kailash Pareek

Nifty did well today. As mentioned in the last post, we may break out within 8-10 trading days. Things are getting positive now and the fear is less. I guess traders will return once again. As there is no change in my views regarding Nifty, lets move for calls for tomorrow.

TATAPOWER -- Buy above 1406. Look at the chart of this stock. It never came below 200 EMA since April 2007.

HINDALCO -- Buy above 207. It has broken out from complex triangle. It has consolidated now and is ready to blast.

RENUKA -- Buy above 139. The stock is bullish.

Nifty View and Stocks for May 15 - Kailash Pareek

The market is in a trading zone. I wrote here couple of days back that one pattern is in progress on the Nifty chart. Look above chart, the red semicircle is expected trend right now. If things happens like this, then we will see the resumption of a rally within 8-10 days which can lead us towards 5500-5525.

Scrips for tomorrow:

HINDZINC -- Buy above 746.50;

TITAN -- Buy above 1324;

Enjoy.

Stocks Calls for May 14 - Kailash Pareek

Look the chart of Exide Industries, and see how one pattern in another same pattern. It has a positive breakout from IH&S and now ready to give breakout from bigger IH&S.

As I hinted in my last post, the market is facing stiff resistance. One rumor that ran throught the day was about India's Left parties withdrawing support to the ruling Congress-led UPA government.

Anyway, below are some calls:

Ansal Infra - Short below 159;

Syndicate Bank - Short below 74;

Enjoy.

Nifty Support 4875 Won't Hold - Kailash Pareek

Today (Friday)'s fall was indicated in the last two posts on my blog. In my view, the worst is still not over. But, there is a pattern in progress which is overall bullish.

The 1st support for Nifty spot is 4970–75, but I don’t think it will be able to hold. The 2nd support is 4875-80. While this is a better one, my experience says it does not seem well for this level too. The 3rd is 4775-80 now, and this is what I am looking for. So, we may see some more downside, but remember we are still in bull run, in long run.

According to the pattern, Nifty has to stay above 4700. For me, this is the point I don’t want Nifty to break. If Nifty acts as I guess, then we can see 5450-5500 Nifty within this month.

Here are some calls for Monday:

RNRL - Short below 105 for target 100.50. If it goes below this, then some more downside is possible.
DLF - Short below 624.
Voltas - Short below 175.
PTC - Short below 91.
RCom - Short below 533.

One thing I must say: Try to book at least half your profits intraday.