What's in Store For Equities ??

Hello Friends, 

Hope you are Enjoyed the Volatility in Markets :) 

Global Equity Markets Witnessed Heavy Volatility yesterday on 29th August 2017 due to the News of North Korea Missile Fire Over The Land of Japan into the Sea. Panic Spread Over the Markets taking a toll of 1 to 2% cut on all Equity Markets globally. 

is it so Alarming ?? 

Actually the Panic is spread in Market by the Media and the Smart Investors who were Left out waiting for a correction in Stocks. They Need entry somewhere to enjoy the Bull Run and Market isn't correcting.. So SAD :) 

I have already alerted about the Global Major Index 2 Months Back on my Global Markets Blog Known as FX Magician (Visit the Link here 

The Dow Jones Industrial average Index Formed a Bullish Formation of Cup and Handle to get the strength for Higher Moves. The Breakout was Indicating a Move of atleast 1000 points. Many Analysts and Traders Laughed when I posted my Analysis. DOW Rallied almost 500 points after my post and Those who Laughed, started finding Next Resistance.. Anyways, I am Not Interested in anyone's views... Those who need to Check my Old Post May Visit here 

https://fxmagician.blogspot.in/2017/07/dow-jones-whats-in-store-in-equities.html

What is next ? 

Let's see the Chart 

The Chart Posted here is Simple Line Chart on Log Scale, The Black line represents price (Many traders these days don't know about Line Charts as they focus on Candlesticks only.) 

The Chart simply shows, price is still respecting the Neckline of the Cup& Handle and Just Came Down to Retest the Breakout zone, reversing again from 21680 level which is acting as a strong support being the previous breakout area. Price has moved above the Neckline again and Will Resume the uptrend.

Most of the times Markets need Breather to settle the Indicators like RSI from Overbought to Oversold sothat Markets can start moving again. 

So the Conclusion is .. 

Use your Brains, Don't Listen to the Crowd and Just BUY Every Dip !! This is not the end of the World yet !! 

Disclaimer : 

The Analyst Atul Shinde is Global Market Expert and a SEBI Certified Investment Adviser. The Author and His Clients are Having trading positions in the index and There might be a Conflict of Interest in the advice. You may Consult your Trading adviser before taking any positions. The Adviser always advice to Follow Proper Risk Management Before taking any trade. 

Visit Our Telegram Channel for Indian Market updates http://t.me/Options2017

May reach him on WhatsApp : (+91) 8275 298 208 

email : paidsignals@gmail.com

Infosys Ltd :: Do we really Need to Worry ??

Hello and Welcome Back Friends, 

Hope you Guys are doing Well :) 

Today's Stock for Analysis is : Infosys Ltd. 

The Stock has been in Limelight due to recent developments in the Company.. Let's Check whether Investors really need to Worry as the Media is Showing or are there still any hopes !! 

Today I am posting Charts Provided to Our Clients on 20th Aug 2017, yes.. you are reading it right !! Already shared with our Clients a week ago.. While The Whole Market was Talking About Infosys, Our Clients were doing the Job Silently and Personally I haven't posted a Single word on my channels and WhatsApp Broadcast list regarding this Company. Going to share what I shared with our Clients.. 

Let's See Infy Behavior on Charts, Starting from Monthly Chart.. 

This is a Monthly Chart With a Rising Channel, The Price is still assumed to be in uptrend till it breaks the Channel support and stays below. It may not happen too soon. Sorry bears :) 

Let's Move on to Weekly Chart .. 

Here we go, The Stock price is moving in a Range since a Long time and Just Breached the Lower level of the Consolidation in a panic move, But nothing to worry till the price stays in the range, isn't it Simple? Now you may have guessed what to do in the stock, Yes.. You guessed it right... Do it without hesitation and Be Confident on your Readings. Don't Bother about Analysts and Media, Let them mind their business. 

Let's Move on to Daily Chart.. 

here it is, a more closer look at the Price Action of the Stock... does it look like anything serious?? Just Check your Latest Chart.. What will you do in this case?? where is Price heading?? Simple, Anything above 897 is always a buy. Resistance will be in place around 925, Above 925 Next will be 965 immediate. 

If you have seen Weekly Chart Closely, 876 level is marked on 20th August, and Below that 830 is Marked, 830 is a Strong Confluence point which is extremely difficult to breach. With a Co-incidence, Infy Closed @ 876 on 22nd August while the Low was 860 only... Our Plain Advice to Clients was to Buy Infy at 876 and 848 with a Stoploss near 828, Following exact levels, Infy Closed @ 876 and immediately resumed upmove doing a High of 918, With Mr. Milekani taking charge again, I am Expecting Infy to Breach the 925 level with a Gap up and above 925, clear direction is till 965. It might take sometime to cross the Resistance, But One Can Expect a break above the resistance with the developments happening and Structural changes in the Management. No Need of Panic. 

Infy was Never a Buy while it was trading near 1040 levels. It is a clear Buy Only Above 1040 or Near 897 levels. Those who were talking about a Breakout Buy near 1020 levels, were talking of selling all Holding stocks below 900 levels, People are always fancied by this kind of shit and always get trapped. Once Infy Crosses 925 and Moves Near 965..Sudden a Change in View will start appearing through media and Analyst Post Illustrating How these Changes in Management of the Company is going to Help the Company and how the Stock will Outperform the Sector.. and Blah, blah, blah... 

Many Analysts will start Posting how they caught a Perfect Value Pick and all the stuff, Do you really want to follow these guys?? .. Good Luck !! 

Recommendation : 

Infosys Ltd. 

The Stock is still in Uptrend undoubtedly, No Need to panic!!

You must Time your Entries and Exit according to Levels, (Many Analysts may Sell it as a Price Action Analysis or some Difficult study, they may sell the Course at a Whopping big amount and Use Infy Chart to teach how the Stock Reacted to Price Action, Etc.) 

Buy the Stock Near 876 or Lower levels or 900 Levels With a Stop loss of 828-830 Levels with a Price Target of 925 - 965 - 1020 - 1040... Book Your Profits Near 1040 and Stay on Sidelines... If The Stock Crosses and Sustains above 1040 levels.. buy as much as you can, yes.. as much as you can for a Price Target of 1200 - 1300 - 1400 .. approx levels. It will be the Faster Rally above 1040.. Till then Just Play the Tennis ... Tic-Toc, Tic-Toc... 1040-900-1040-900-1040... 
Good Luck !! 

Disclaimer : 

Atul S Shinde is a Global Market Expert and a SEBI Certified Investment Adviser. Globally known as FX Magician. The Adviser is a Technical Analyst having experience of more than 10 years in Global and Domestic Markets. The Adviser is not having any personal investment in the stock but his clients may have the trading positions. The views are unbiased and no Conflict of Interest in the above analysis. Traders and Investors are advised to take Opinion of their Trading Adviser before taking any positions. The Adviser is not liable to any losses occurring due to blind following without risk management on this advice. You are always adviced to follow strict Risk management and Trade leveraged. 

To Follow The Analyst's Free Updates Join his Telegram Channel at https://t.me/options2017  can reach the adviser on WhatsApp : +91 8275 298 028 or on Mail at paidsignals@gmail.com