NSE Market Intelligence – Updated Daily

Date: 4-8-20

General market commentary – Market’ an institutional playground nd it is difficult for a small trader to make money. DIIs are sitting on tons of cash and are selling regularly. It could be they are expecting a fall or are facing redemptions. Markets should be okay till 15-8, Independence Day. 

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. NIIT Tech (289% increase in volumess in FNO and lot of buying. Stock to be watched.)
2. Trident (Promoter bought 7 lakh shares today)
3. Advance Enzymes (Bullish above 225)
4. Coromandel Intl (Bullish above 805)
5. LTTS (Bullish above 1565)

ARCHIVES

Date: 4-8-20

General market commentary – Today’s and yesterday’s was not a tradeable market. DIIs are selling continuously. Is it redemption pressure? The selling has gone on for a long time. It’s not a healthy market and a lot depends on what the RBI announces tomorrow. 

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. NIIT Ltd (MIT bought 16 lakh shares – this is a long-term pick)
2. Trident (Promoter bought 49 lakh shares today. If market was trending, it would have hit UC. This is a medium-term pick.)
3. Hindalco (181% increase in FNO volume and buying towards close)
4. UBL (Solid buying in FNO. Should be bullish above 965)
5. TIMKEN (Bullish above 1025)

Date: 4-8-20

General market commentary – DIIs are selling even now and FIIs and Retail are buying. Today’s was a narrow movement. Tomorrow too the same type of choppy and stock specific movement should continue. 

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. Lupin (BULLISH above 948)
2. MCX (BULLISH above 1825)
3. Naukri (BULLISH above 3225)
4. Torrent Power (Bullish above 335)
5. COLPAL (Bullish above 1444)

Date: 3-8-20

General market commentary – DIIs have the market in a vice-like grip and they are still selling. Retail is caught with heavy long positions.Select stocks will perform.

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. Cadila (BULLISH above 401)
2. Infy (BULLISH above 966)
3. LT Infotech (BULLISH above 2500)
4. Zydus Wellness (Bullish above 1750)
5. LT Technology Services (Bullish above 1745)

Date: 29-7-20

General market commentary – yesterday’s story repeated today – retail and DIIs sold index futures. Tomorrow too looks shaky. Apply the following strategy in your studies. Stock specific action may stall tomorrow – it may be a no-trade day tomorrow.

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. Infratel (BEARISH below 191)
2. ACC (should gain if it breaks above 1451-1453 levels)
3. Ambuja Cem (Bullish above 222-223)
4. Divi’s Lab (Bullish above 2580)
5. Berger Paints (Bullish above 528-529)

Date: 29-7-20

General market commentary – It is significant to note that retail sold index futures yesterday and Nifty fell today. They have sold again today so tomorrow’s expiry looks shaky esp because DIIs are selling and buying PEs. Apply the following strategy in your studies. Stock specific action will continue.

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. Auro Pharma  (will perform if it crosses 817-819 levels)
2. Hexaware (will perform if it breaks above 376 levels)
3. As per today’s disclosure, Mindtree’s promoter sold 4.57 lakh shares at 1045. Stock has been going up. be wary from here on though I am unsure of how management changes will be effected. (20% increase in OI, and spike in price)
4. SRF (Bullish above 3950)
5. Berger Paints (Bullish above 2245-2250)

Date: 28-7-20

General market commentary – Same story continues. 4-5 stocks drive the Nifty and one or the other sector starts trending at random, without reason. Only strategy – day trading or max swing.

Apply the following strategy in your studies. 

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend

1. Cipla (will perform if it crosses 665-666 levels)
2. Sun TV (good % of delivery lifted today + FNO buying)
3. Hero Moto (20% increase in OI, and spike in price)
4. Birlasoft (Bullish above 119-120)
5. HUL (Bullish above 2245-2250)

Date: 27-7-20

General market commentary – DIIs buying heavyweights and selling stocks and Index. FIIs and Retail buying stocks and index. Broader market will be choppy and heavyweights will perform. Each day some or the other group of stocks is made to move. Only strategy – day trading or max swing.

Apply the following strategy in your studies. 

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend
(focus on pharma)

1. ACC (will perform if it crosses 1368)
2. Rallis (looks good above 306-307)
3. Jindal Steel (3840% increase in volumes, 18% increase in OI, and spike in price)
4. Birlasoft (Bullish above 109)
5. Mindtree (lot of buying interest towards the close)

Date: 23-7-20

General market commentary – The same DII-FII strategy should continue tomorrow as well. DIs will sell and FIIs ad retail will buy. heavyweights will lead. Broader market will be choppy. Pharma stocks look good.

Apply the following strategy in your studies. 

General Strategy: Wait till 9.30. After 9.30 wait for 15M candle to cross above 15M VWAP for buys. SL 0.5%-1% because you are buying momentum. Reverse strategy for shorts. 

Stocks That can Trend
(focus on pharma)

1. Cadila (will perform if it crosses 373-374)
2. Ajanta Pharma (looks good above 1520)
3. Bajaj Finance (Bullish above 3325)
4. Birlasoft (Bullish above 107)
5. Century Textiles (1496% jump in FNO volumes and shorts building up)
6. MGL (221% increase in volume and lot of buying towards the close)