MARKET OUTLOOK : PART VIII (STOCKS)

Hello All !!

Back with One More Post of Market Outlook.. Today we will Discuss 2 Stocks Only and on Weekend I  will be Posting Few More !! 

First Stock to be Discussed here will be One More Pharma Stock.. 

WOCKHARDT LTD. 

The Stock is underperformer in the Whole Pharma Pack.. I am seeing some Opportunity here in Near Future.. 

Let's see the Chart ... 

This is a Weekly Chart and I can See a Falling Trendline Breakout in this Stock. The Trendline is pierced on the upside and While doing it, Important Resistance area is also cleared which is Marked on the Chart With a Long Red Dark Line with Multiple Green Arrows showing how the level worked as a strong support in the previous weeks. 

The Breakout are is retested and the stock is moving comfortably and slowly above the trendline and the support line. Current Candles show a good consolidation. I am expecting a strong move in coming weeks. It's a Under-performer in the Whole Pharma Pack. I am not a Fundamental Guy, so I am Suggesting What the Charts are Telling Me. I may be Wrong in this case. But I have been very clear since March.. Pharma will see a Golden Period in Next 1-2 years. It's a Time for Pharma Stocks to Outperform the Markets. 

I have Recommended Buying Few Pharma Mutual Funds to Our Mutual Fund Clients. The Funds have Given Fabulous 15% returns in Just 2 Months Period. Such Kind of Returns by Mutual Funds are Rare for Direct Investors. 

Recommendation in this Case : 

WOCKHARDT PHARMA LTD. 

Buy : 260-270 

Stoploss : 220 

Targets : 344 - 444 - 577 

Duration : 6-8 Months

Risk : Reward is amazing considering the Returns and the duration. 

Do Not Over trade, Do Not take Leverage trades. 

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Next Stock on the Radar will be : 

KARUR VYSYA BANK LTD. 

Let's see the Charts. 

This is a Monthly Chart, We can see The Stock has taken support from a 21-24 zone. this zone is always a small consolidation zone in past also. Next Immediate Big Resistance is around 54. The stock is still in Downtrend, Here we will be trading it for a Pull back only.. so Do not expect it to be a Multibagger and invest. It's a Pull back towards the Falling Trendline only. The Stock will face stiff resistance near 54 area and it will be a Long term resistance. before moving towards the level. Stock Will Face Resistance with the falling trend line which is placed around 48 levels approx. 

On a Monthly Chart, The Candlesticks have formed a Inside Bar and the Breakout is done in June. July Candle Suggest the Hammer Like formation from the breakout level. We may see some follow up buying for the Next Month which might lead us towards the 44-48 levels.    

This is a Weekly Chart. I have Marked small Cup and Handle Structure, having neckline at 37 levels. The Breakout Target is approx 51 as per technical structure but I am Not Expecting it to Work exactly as per the theoretical levels as the Trendline is Strong and will not break easily. we will see more consolidation and some pattern formation near the trendline before breaking it. 

The Recommendation here is : 

KARUR VYSYA BANK LTD. 

Buy : 32-35

Stoploss : 28 

Targets : 44 - 48 

Duration : 2-4 Weeks 

Do Not Over trade, Do not take Leverage Trades. 

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Disclaimer : 

The Analyst ATUL SHINDE is a Technical Analyst, Global Markets Expert and Certified Investment Adviser having Experience of 13+ years in Indian as well as International Markets. 

These trades may or may not be given to our clients. 

Consult your Financial Adviser Before taking any trading decision and entering the Trade. Do Consider Risk Management before taking any Trade Decision. Do not Expect Overnight Returns and Do not Leverage your trades. New Rules for Margin Money are strict. 

WhatsApp : (+91) 8275298208

email : service@planmymoney.in 

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BULLIONS !!

Hello All !! 

Many Traders asked about GOLD and SILVER Analysis... This is a Small Effort to Contribute my Analysis for all those !! 

Guys, For Bullions I am Long in Gold and Silver Since May 2016. The Analysis was updated to Our International Clients and It was made available to Our Global Clients through AMAZON Kindle on Primary Level.

Look at the First Analysis Report >> GOLD Report 

The Same Report was available on AMAZON >> Amazon Link

By The Blessings of GOD, I was the First Person on International Platform to initiate a BUY Signal at Right Time, Comex GOLD always follows my levels and My International Clients are too happy and earning BIG Money in GOLD Trades. 

I rarely trade in MCX Gold and SILVER... This is a small effort to Put my thoughts for you all !! 

Let's See GOLD : 

This is a Monthly Chart of GOLD on Comex.. You can see a Perfect Round formation since previous High in Gold. The Metal has formed a Strong Base at the bottom and After the Base formation in a box, We have seen a Breakout, which is Nonstop till now, Smaller Corrections and Pullbacks are a part of the game. don't miss understand rally means continuous upside. Now the Metal is Trading near it's all time high of 1920 approx. 

Currently trading above 1798, which was a Strong Resistance. Now Next Resistance will be around 1920. Currently Trading at 1858. We Still have a Long Way to go up. We may see some Pullbacks Near 1920 and it may lead to 1800 levels but it is not a Correction of Change of Trend. do not Short !! Try to Wait and Buy the Dips !! 

Above 1920, We will See a Move towards 2200++ Very Soon !! 

Let's See Daily Chart : 

This is a Daily Chart, We can see a Breakout above The Upper Resistance Line and Next Resistance at 1920 Directly... It's a Open Territory for Now till 1920. Above 1920 it will be blasting. Till then for a Pullback The Current upper Trendline Resistance will act as a Support. Follow the Line and Buy the Dips near Support !! Do Not Short !! 

We will See In Terms of MCX .. 

This is a Monthly Chart of MCX GOLD.. Perfect Rounding Bottom Breakout ! Moving along the Curve Silently. Even if Pullbacks Occur, It will be Supported by the Curve. Not Expecting any Bigger Correction yet. 

For Clear Picture Let's see Daily Chart : 

This is a Daily Chart on MCX, Moving along a Rising Channel and Just Done a Breakout from Channel Support and a Small Box Formation. This will Lead to a Move towards the Channel Resistance which is seen around 52000+ Levels.

Breakout and Support around 49300 Now, Do Not Expect it to break anytime soon. If you are Short, 49300 is a Problem area for you. If you are Long it will be your Stoploss. 

Recommendation : 

GOLD MCX is a Buy on Dips with a Stoploss of 49300 and The Targets are Expected to be 52000 - 54000 in a Short time frame. 

Next is SILVER 

SILVER on COMEX is a Big Opportunity for Traders... 

a Strong Base Formation and Breakout above the Box Successfully Done !! 

Breakout Levels @ 21.30 above 21.30 Buy without fear. Next Resistance will be 26.40 and thereafter 35+, It's a Long way to go on Silver. 

Let's See MCX Analysis. 

This is a SILVER MCX Chart on Monthly Timeframe. Clean Structure and Breakout is visible in this Chart also. Trading near All time high. 57780 was a Breakout Level. 65760 is Next Resistance in this metal. 

Current Month Candle is too Strong and big, Wait for Some Pullbacks if you are not already in Long. Buy Near 57780, keep a Stoploss below 57000 and Wait for Targets of 65000 - 70000 and More. 

Again Requesting ... DO NOT SHORT !! 

BUY on DIPS is the Only Mantra for Bullion Traders..

SILVER is a Buy on Dips till 57780 with a Stoploss of 57000 and a Target of 65000 - 70000 

Trade Carefully, Consider your Risk before Entering the trade. Understand the Lot Sizes and Risk Calculation. 

Consult Your Financial Adviser for More details. 

The Analyst Atul S Shinde is a Financial Analyst and Global Market Expert, Specialist in Comex GOLD. Certified Investment Adviser, working in Global and Domestic Markets Since Last 13 years. Having Client base Across the World. 

The Views Expressed are For Educational Purpose and May be Biased, The Analyst and his Clients are Having HUGE Long Positions in these Metals. 

To Learn More and Follow Analysis, you may communicate with the Analyst. 

The Details are as below :

WhatsApp : (+91) 8275 298 208 

Email : service@planmymoney.in 

Transforming or Rectifying the Business ??

Hello All !! 

This is a Small post for Equity Lovers ... 

Today's Stock in Discussion is 

TRANSFORMERS AND RECTIFIERS INDIA LTD. 

The Stock Just got my attention due to Upper Circuit in Today's Trade... Here is the Chart .. 

This is a Weekly Chart, We can see clear Picture of Stock Coming out of Falling Trend and Moving above the Trendline comfortably. The Stock has also cleared a Strong Resistance around 9.54 it was a Breakout zone also. The Retesting of Breakout is also done. 

Now The Resistance is around 16.30 Currently Trading @ 11.55 

I am Not aware of the Fundamentals of this Stock as I have never tracked it, Got attracted due to the Chart Only. So it Will not be wise to say I am Very Confident in this Stock but Looking at the Chart I can say something might be improving and the Stock may see a Good move in coming months. We may see the stock delivering 100-200% returns over a period of Next 8-12 months. 

Trade wisely, do not take large positions and most important do not over trade.

Recommendation : 

Transformers and Rectifiers India Ltd. 

Buy @ 10-12 

Stoploss : 8 

Targets : 16 - 22 - 30 - 44 

Time frame : 8-12 Months (May be More) 

Check with your Financial Adviser before entering the Trade. It's Locked in upper Circuit today, so Buy when you get a Good Opportunity. No Need to jump in the Trade, It's not the Only Available Opportunity in Market !! 

Disclaimer : 

The Analyst Atul S Shinde is a Financial Analyst, Global Market Expert and Certified Investment Adviser working in Global as well as Domestic Markets since last 13 years. Having a Strong Hold and Client base across the World. 

The Adviser is not having any Positions in this Stock and the View is completely non biased. 

Trade without Leverage, Avoid Over Trading and Take Help of Financial Advisers for Trading. 

Those who wish to communicate with the Adviser here are the details of communication : 

WhatsApp : (+91) 8275 298 208
Email : service@planmymoney.in 

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