Special Report : Don’t Shy Away From a Re-buy Even if a Good Stock’s First Breakout Fails

Remember the saying, “If at first you don’t succeed, try, try again?” In stock investing, you have to be prepared to do just that. It might take several buys before a stock starts moving your way.

Trading is not as easy as just hitting the buy button on a sound stock that is breaking out of a textbook chart pattern in heavy volume. You cannot expect every stock you buy to be a big winner the first time you buy it. Even if you have bought the true leader in a top-ranked group, you can still be prone to a shakeout. Continue reading “Special Report : Don’t Shy Away From a Re-buy Even if a Good Stock’s First Breakout Fails”

Weekly Big Picture : Energy and Pharma Stocks Lead; Maruti Fell on Earnings Miss

Energy and Pharma Stocks Lead; Maruti Fell on Earnings Miss

Market Pulse

Uptrend Under Pressure

Weekly Action

Benchmark indices closed lower. Nifty, -1.2%; Sensex, -1.0%; Nifty Midcap, -2.9%; Nifty Smallcap, -3.3%; Model Portfolio, -1.1%; and MSI Ind 47, -1.4%.

Weekly Market Review Continue reading “Weekly Big Picture : Energy and Pharma Stocks Lead; Maruti Fell on Earnings Miss”

Daily Big Picture – Nifty Ends in Green in Range-bound Session; Yes Bank Announces its New MD & CEO

Today’s Action

Nifty, +0.2%, Sensex, +0.2%, Model Portfolio, +0.4%; MSI Ind 47, +0.1%, Nifty Midcap, -0.3%, Smallcap -0.4%.

Daily Market Review

Market Status: Uptrend Under Pressure.

The Nifty’s distribution day count stands at five.

The Nifty was trading flat to down during today’s session. However, it ended in the green after strong gains posted by Yes Bank at the end of the session. It breached its 200-DMA during the day but managed to retake it towards the end. The volumes were weak during the day but improved before the closing bell. Continue reading “Daily Big Picture – Nifty Ends in Green in Range-bound Session; Yes Bank Announces its New MD & CEO”

Nifty Declined Sharply In Last Hour; ITC Down 4.3% Post Results

Today’s Action 

Nifty, -0.8%, Sensex, -0.9%, Model Portfolio, -0.7%; MSI Ind 47, +0.05%, Nifty Midcap, -0.1%, Smallcap -0.3%.

Daily Market Review

Market Status: Uptrend Under Pressure.

The Nifty’s distribution day count stands at five.

Today, the Nifty was trading flat during the first half of the trading session. Continue reading “Nifty Declined Sharply In Last Hour; ITC Down 4.3% Post Results”