Till date we recommend to sell on rise , but at current level nifty is showing some signs of bottoming out pattern.

                   INVERSE HEAD AND SHOULDER 


1. Nifty has shown enough evidence of downtrend on daily time frame .

2.Nifty had corrected almost 1000 points from its   all   time high.

3.We recommended  to sell nifty based on higher point     rejection and Peak n trough analysis. SO FAR WE HAVE GAINED 400 POINTS .

4.At the current level ie. 8339, nifty has given a break out from inverse head and shoulder pattern .

5. Inverse head and shoulder has high probability of trend reversal 


HOW TO TRADE ? (CASH LEVEL)

1. BUY NIFTY CALL STRIKE PRICE 8300 JUNE SERIES  AT CURRENT LEVEL .

2. BUY NIFTY FUTURE AT OR NEAR 8170.

3. KEEP SL OF 8100 CLOSING BASIS .

4. PATTERN TARGET 8550-8610

Continuation of Previous post ( Peak & Trough analysis )

As we mentioned in oust last post that we would be waiting to go for short on retracement at or near 50% or 78% level only after evidence .

Today on 15/4/2015 we have witnessed HIGHER POINT REJECTION .




HOW TO TRADE ??

1. Its time to buy puts of 8700 or 8600 .
2. One can sell nifty futures near to the stop loss on closing basis 8850 .
3.At present level setting target for nifty futures is little skeptical .
4.We will  wait for next reversal signal to BOOK SHORT.

Reference to  previous post :- http://bwithtrend.blogspot.in/2015/03/peaks-troughs-analysis.html .

As a trader or investor we must not bother much about the events , though we believe that it has greater  impact on the equity market .We believe that price discounts everything except the act of god , so one must continue to hold quality stocks and may not care about any events in the market . In our last report we mentioned  that we believe that the Bank , Oil and Energy sectors may get support and Pharma and Auto may correct , and we witnessed the same .
We continue to believe that the market may show its strength and it will digest the resultant impact. We don’t see a huge movement on either side , we believe that upside is capped at 6440-6500 and 5700-5600 on the lower side . And the market is in a mood to consolidate for some more month.

We see many multi bagger opportunities and we request our reader not to miss it for the sake of trading activity . We suggest our trader to reduce their trading activity and be focused on the selecting quality stocks , we will give our best to find such opportunity .
We suggest our readers not to participate on event day , so that, can build a strategy for next trading sessions.
We may not recommend trading in nifty in the coming week , but can buy near 6115 if it comes  with the stop loss of  6059 for the target of 6172-6203-6250.

Last week update (nifty sopt level)
1. We recommend to buy nifty with the sl of 6088 and we have achieved the target of 6263.
2.  We have also recommended to sell nifty (risky trader) near 6290 sl 6315 tgt 6214 , it has exactly taken resistance at 6300 and corrected till 6232.

So for this week (spot level)

Can buy near 6115 if it comes with the sl of 6059 for the tgt of 6172-6203-6250.

Stock update (spot level)

1. We have recommended to buy Rec to buy with sl of 217 tgt 236 it has made a high of 231 and sl is still intact so our call is still active.
2.We have recommended to buy cipla in the the range of 385-378 stop loss 372 target 409-415 and call is still active.
3.We have recommended to  Buy sbi with the stop loss of 1747 for the target of 1885-1955 and it has made high of 1882 and call is active .
4.We  have achieved our target on coal india
5. We have also recommended NTPC with the stop loss of 144 for the target of 160 is still active.
As our most of the calls are active we are not recommending new picks for the current week.
6. We have seen a strong pattern on the kalpataru power so the only new pick for the week is to accumulate it till 88 sl 84 tgt 105-115

Time to select portfolio Betts

Nifty is not moving anywhere it is in the narrow range of 5700-6300. Every time it reaches 6300 it gets supply pressure and 5700-5900 has become demand zone.
Nothing but a straddle scenario , it means a majority is not aware of nifty trend and feels it may consolidate, and yes it is good as long it takes time to consolidate .
Why so,? Because as long as it consolidates we may see the powerful break out or break down vice versa.

As we have always advised our readers to go for portfolio buy instead of trading, which has given the best outcome?
We have been successful in building our wealth form our top picks like, TATA steel , DCB, PTC, YESBANK , PFC, REC etc. Even in sluggish market.
We feel the market may remain range bound till Jan 2014 and we might see break out in mid of Feb 2014.

Please note that timing the market is not an easy task, it is purely based on our understanding and logic and may differ.

So we request our readers to select best stock and go with investor mentality, the current scenario is not traders market, there are lots of multi bagger opportunity .
We recommend Canara bank as multi bagger stock accumulate in the range of 210-270 for 200% return, maybe in a span of 3 years.

Nifty update (spot level)

1.    We recommended to buy nifty for the target of 6112 , we achieved it successfully.
2.    We also recommended to sell nifty in the range of 61187-6126 for the target of 6055-6012-5980 , we achieved  6055.

So for this week ( spot level)

1.    Nifty will be in the range of 6025-6350
2.    On Monday buy nifty with the stop loss of 6088 target 6207and above 6212 we may test 6247-6263.
3.    We may face resistance at 6288.
4.    6095-6025 in no trading zone
5.    Sell only below 6025 with stop loss of 6095 target 5975-5940
6.    Risky trader may take risk to sell near 6290 with stop loss o0f 6315 closing basis for the target of 6214.


So stocks for the week

1.    Buy rec with the stop loss of 217 target 236-241

2.    Buy cipla in the range of 385-378 stop loss 372 target 409-415

3.    Buy sbi with the stop loss of 1747 for the target of 1885-1955

4.    Buy atul with the stop loss of 400 for the target of 427-440-459

5.    We have recommended coal  India to buy with the stop loss of 262 for the target of 278-285 is still active

6.    We have also recommended NTPC with the stop loss of 144 for the target of 160 is still active.

Is this a trend reversal or a mere correction??

On 5-11-2013 senxes was successful in testing its life time high but nifty failed to do so.
And from the very next day of Murath nifty started its correction . And it lasted for 4 days in a row .
Which has put much into the dilemma, whether it is a correction or  the main trend has reversed .
We have come up with observation on nifty
on 29-Jan -2013 high 6111.80 low made 5477 10 april -2013
on 20-may-2013 high 6229.45 low made 5118. 28- aug 2013
on3- nov 2013 high 6332 .

From the above observation we can see  there is 100-120 point addition to its new top and correction comes much deeper than previous one and if it holds true we may see 5000-4900 buy December  2013 or by feb 2014.
Note :- the above mention level is an observation and is not backed by any technical’s parameter and just a probability . we do not recommend to sell nifty on the basis of observation.

But we can see distribution pattern developing on nifty , bounce from 6100 is not ruled out .we recommend to wait for more correction till 5900-5880 area to buy the stocks from  investment point of view.6317 is a crucial resistance area above which fresh buying can be witnessed.
Even though nifty is in correction mode there are many stocks which is giving positive break outs , we recommend our readers to focus on Reality, Power , Capital good s, Tyre and Chemical sector .


So for this week  (Spot level)

Range for nifty 6295 -6031
Currently nifty is in no trade zone for fresh trader.
1.one can buy nifty near 6104-6075 area with the sl of 6031 fo the tgt of 6199-6237-6275
2.one can also buy if on Monday nifty goes above 6189 with the sl of 6120 tgt 6209-6237
3.one can sell near 6290 sl 6317 tgt 6255-6214-6200 and trail below 6195

stocks for the week (spot level)

A.SBI
Range for sbi 1880-1695
Risky trader can buy at  or above  1763 with the stop loss of  1729 and safe trader enter above 1770 with the sl of 1745 for the target of 1798-1823. Below 1723 sell with the sl of 1750 tgt 1697.

B.Tata motors
Range for tata motors 405-365
One can buy with the sl of 373 for the tgt of 391-398-403 , close above 405 may take it to 423 level . close below 373 will make it weaker , so one can sell below 470 sl 478 tgt 465-463-459.

C.BHEL
Range for bhel 150-128
We recommend to buy on dip till 129 with the sl of 126 for the tgt of 144-150.


D.NTPC
Range for 143 -160
We recommend to buy on dip till 144 and use stop loss of 142 on closing basis for the tgt of 159. It will give massive breakout if it close above 165 then it may test 200 level.

Today we at  (BE WITH TREND)  have completed a month, and very happy to say that we have 6000+ hits in a month with positive response. We have 450 subscriber (Presently Free) , and happy to say that 15+ students have enrolled so far. We promise, that we will continue our venture with same passion and dedication. we thank all our viewers for immense support .

We would like to show how technical can help in taking the right decision.

Date	Assumption based on technical	Actual
13-10-2013	Reliance infra buy at 400 level tgt 480	high made 463 (stii active)
16-10-2013	Cox & king buy at 89 tgt 99	achieved
16-10-2013	Tata chemical buy at 250	high made278 (still active)
17-10-2013	ACC sell  below 1106	low made 1085 (still active)
20-10-2013	SBI buy at 1654 tgt 1728	tgt of 1728 achieved
20-10-2013	ABB buy at 556 tgt 645	tgt of 645 achieved
22-10-2013	Aptech buy at 73	high made 78 (still active)
04-11-2013	Kolte patil at  85	high  made 89 (still active)
06-11-2013	NTPC buy at 151	high made 155 (still active)

please click on the below link to see actual analysis

https://docs.google.com/spreadsheet/ccc?key=0Agf8x3peiEPddENKLUVwRkNRU0poam1nNG1DalhhNEE&usp=drive_web#gid=0

                                      SBI

1. On 8-11-2013 we can see small real body on sbi chart
2. This provides us an trading opportunity
3.On 11-11-2013 , risky trader can buy at  or above 1763 with the stop loss of  1729 and safe trader enter above 1770 with the sl of 1745 for the target of 1798-1823.
4 Below 1723 sell with the sl of 1750 tgt 1697.

                                    THIS STOCK IS ALL SET TO OUT PERFORM MARKET

1.WE SEE THIS STOCK TESTING  105 TO 130  IN ONE YEAR TIME HORIZON
2.ANY ONE WANTS TO BET ON REALITY SECTOR ,MAY GO FOR KOLTE PATIL
3.WE RECOMMEND TO ACCUMULATE TILL 73 WITH THE SL OF 70 ON CLOSING BASIS
4.ONE CAN BUY 25 % -30% AT CMP 85.60 ON 5-11-2013

FUNDAMENTALS
 

NOTE :- PLEASE READ THE  DISCLAIMER BEFORE ACTING ON THE RECOMMENDATION

                          

Should we trade in an Index or accumulate stock ??
We recommend to avoid trading  in index  and select scripts to build a portfolio . One can buy stocks from 2-3 years time horizon as we believe they might give 50%-60 % return.we recommend to invest 30% of their portfolio at the current level.
Many may think why we recommend when an index is trading at all time high and why not at the lower level Yes , we agree  that even though we had the conviction that the market may perform ,we did not recommend to buy in bulk as we are suggesting at the present level , but we have advised to go for SIP in following stocks.
When the majority of stocks was trading at all time lows or near to 2008-2010 lows , technical was suggested to buy , but the fundamental scenario was risky to bet on. Now we believe that the majority of the stock has beaten up and the negativeness of fundamental has been factored in .Here we mean , that crowd is now aware of the story or the risk in the stocks  , and may accept it  so may not panic at  the current level.

S O WE RECOMMEND FEW GOOD TECHNO FUNDA PICKS ON THE OCCASION OF MURATH TRADING 2013

SCRIPT	Sector	CMP	EXPECTED TARGET
Dena	Bank	57.35	80
Dcb	Bank	51	75
Pfc	Finance	144	182
Tata communication	Telecom	277	480
Crompton	Capital goods	109	210
Bhel	Capital goods	143	190
L&TH	Fiance	82	120
Pidelite	Chemical	289	335