Leaders destined to Lead
I started investing in stock market in 1983. In those days initial public offering (IPO) was a craze. It was easy to make lucky money if one got an allotment. Most of the issues were at par or with small premium; so there was a decent profit on listing. However, nowadays the IPOs are priced at a fat premium, hence no charm in the primary market.
I slowly ventured to buy shares from the secondary market. Since I liked technical analysis, I started plotting the movement of share prices on graph papers. There was immense pleasure whenever additional paper had to be added over the existing graph as and when the share price jumped up rapidly. At present this has been made easy and efficient with the use of computers.
In my long innings in stock market, I have found that it is safe and rewarding to invest in high quality shares, market leaders, sector leaders and outperformers. Besides it is easy to make profits from long-term investments compared to short-term investments. It can be rewarding to buy quality share even when it is trading at 52-week high or at all-time high. On the contrary it can be risky to buy share even when it is trading at 52-week low or at all-time low.
This site gives the technical analysis of 200, 100 and 50 day moving average of stock market broad indices, sector indices and most of the leading shares. You can also see the outperformers and the underperformers.
This is a free site. If you have any query you are welcome. Consult your investment advisor before investing.
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Grow with investments and enjoy the fruits of investments!!!
Stock DMA app is now available in Android besides Microsoft windows and phone
The top outperforming sectors are Energy, Commodities, Financial Services, FMCG and Private Bank.
The top underperforming sector is Information Technology.
The drop in cost of commodities has helped the energy sector to perform well.
Top bullish share are BPCL, Power Grid Corporation of India, HPCL, IOC and NTPC.
The fall in price of commodities has resulted in interest for cement, petroleum and steel sectors.
Top bullish shares are Grasim Industries, JSW Steel, UltraTech Cement, Shree Cement, Ramco Cements, Bharat Petroleum Corporation, Pidilite Industries, Hindustan Petroleum Corporation and Indian Oil Corporation.
Financial services sector has shown improved performance like private banks.
Top bullish finance stocks are Bajaj Finance, Capital First, Bajaj Finserv, Muthoot Finance, Manappuram Finance, Bharat Financial Inclusion (SKS Microfinance), Cholamandalam Investment & Finance Company and HDFC Bank.
FMCG is a defensive sector and up move is seen after expectation of good rains and passage of GST bill.
Bullish shares are Marico, Godrej Consumer Products, Godrej Industries, Balrampur Chini Mills, Tata Coffee and Dabur India.
Bank, Finance, NBFC, Micro Finance, Insurance and all other financial services are doing well.
Top bullish shares from private bank sector are Yes Bank, IndusInd Bank, HDFC Bank, The Lakshmi Vilas Bank, City Union Bank and Kotak Mahindra Bank.
The drop in the price of commodities has benefited the paint industry.
Top bullish paint company stocks are Asian Paints, Kansai Nerolac Paints, Berger Paints India and Akzo Nobel India.
At present midcap index is outperforming the sensex and nifty.
Top Nifty Midcap 50 Index stocks are Biocon, Havells India, Ajanta Pharma, Indraprastha Gas, Petronet LNG, Voltas and SRF.
PSU Banks are showing the gravity of NPA problem is being addressed.
Top Nifty PSU Banks are State Bank of India, Bank of Baroda, Punjab National Bank and Allahabad Bank.