Stock Market


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, 50 and 20 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 and shares the experience gained from the stock market. Please consult your investment advisor before investing.

In case you are looking for Java programming and other related topics here, now you can see them in www.tech-freaks.com.

Grow with investments and enjoy the fruits of investments!!!

 


  


 

Latest updates on the top.

Outperforming Nifty Midcap 50 Index stocks are RBL Bank, Muthoot Finance, Berger Paints, Power Finance, REC, Adani Power and Torrent Pharmaceuticals.

Outperforming Nifty Next 50 stocks are Shree Cement, Pidilite Industries, Divi's Laboratories, ICICI Lombard, Havells India, United Breweries, Aurobindo Pharma and Bajaj Holdings.

Outperforming Nifty 50 Index stocks are Bajaj Finserv, Dr. Reddy's Lab, UPL, ICICI Bank, Axis Bank, Wipro, Bajaj Finance, Titan Company, Reliance Industries and Infosys.

Outperforming Nifty Quality 30 index shares are Wipro, Pidilite Industries, Bajaj Finance, Titan Company, HDFC Bank, Havells India and HCL Technologies. 

Outperforming Nifty Services stocks are HDFC, Bajaj Finance, Bajaj Finserv, HDFC Bank, Infosys, Kotak Mahindra Bank, RBL Bank, Axis Bank, ICICI Bank, State Bank of India, HCL Technologies, Tech Mahindra and Wipro.

Outperforming Nifty PSE stocks are Power Finance Corporation, REC and Power Grid Corporation.

Outperforming Nifty MNC stocks are Bata India, Pfizer, Honeywell Automation, Procter & Gamble Hygiene, 3M India and Colgate-Palmolive. 

Outperforming Nifty Infrastructure stocks are Siemens, Power Grid, InterGlobe Aviation, Torrent Power, GMR Infrastructure and Larsen & Toubro. 

Outperforming Nifty Consumption stocks are Avenue Havells India, Asian Paints, Titan Company, Indian Hotels, United Breweries and Colgate-Palmolive.

The top outperforming sectors are Private Bank*, Bank Nifty*, Financial Services*, Services* and Quality 30.
The top underperforming sectors are Auto, MNC and Consumption.
*The 50/200-dma bullish crossover in progress 

Outperforming Nifty Commodities stocks are Pidilite Industries, Shree Cement, PI Industries, ACC, UPL and Reliance Industries.

Outperforming Nifty Realty stocks are Godrej Properties, Oberoi Realty, Sunteck Realty and Phoenix Mills.

Outperforming Nifty Private Bank stocks are HDFC Bank, Kotak Mahindra Bank, RBL Bank, Axis Bank, and ICICI Bank.

Outperforming Nifty PSU Banks are Oriental Bank of Commerce, State Bank of India and Canara Bank.

Outperforming Nifty Pharma stocks are Divi's Laboratories, Aurobindo Pharma, Dr. Reddy's Laboratories and Glenmark Pharmaceuticals.

Outperforming Nifty Metal Index share are NMDC, Welspun Corp and JSW Streel. Welspun Corp and JSW Streel are trading below 200-dma.

Outperforming Nifty Media Sector Index shares are INOX Leisure and PVR. 

Outperforming Nifty IT stocks are Tech Mahindra, NIIT Technologies, Infosys, Wipro and TCS. 

Outperforming Nifty FMCG stocks are Procter & Gamble Hygiene, Dabur, Colgate-Palmolive, Hindustan Unilever, UBL, Britannia Industries and GlaxoSmithKline Consumer.

Outperforming Nifty Financial Services stocks are Bajaj Holdings, Axis Bank, Bajaj Finance, HDFC Bank, Bajaj Finserv and ICICI Bank.

Outperforming Nifty Energy Index share are Reliance Industries and GAIL India. GAIL India is trading below 200-dma.

Outperforming Bank Nifty shares are Axis Bank, HDFC Bank, ICICI Bank and Kotak Mahindra Bank.

Outperforming Nifty Automobile stocks are Bajaj Auto and Amara Raja Batteries. Amara Raja Batteries is trading below 200-dma.

 

Technical Analysis of Stock Market Trend in India

Relative performance of Market Indices

 

Nifty Midcap 50

5 April 2019 
Nifty Midcap 50 Index is moving above 200 day moving average. 
Out of 50 Nifty Midcap stocks 27 are trading above 200-dma. 
That means 54% of Nifty Midcap stocks are trading above 200-dma. 
Nifty Midcap 50 Index 50/200-dma bearish crossover is still in progress.

Leaders: LIC Housing Finance, SRF, Muthoot Finance, Federal Bank, Ramco Cements and Power Finance Corpn.
Laggards: Reliance Infrastructure, Amara Raja Batteries, Dewan Housing, IDBI Bk, Exide Industries and TVS Motor.
Bullish Sectors: Finance, Bank. 
Bearish Sectors: Auto, Infrastructure.

World leading markets

22 March 2019
Top world leading market index outperformers: SSE Composite, BSE Sensex, Nifty 50, Hang Seng, NASDAQ Composite, Dow Jones Industrial.
Top world leading market index underperformers: IPC Mexico, DAX, Kospi, Nikkei 225.

NSE Nifty Next 50 (Nifty Junior) 

15 March 2019
Nifty Next Index is moving just below 200 day moving average. 
Nifty Next Index 50/200-dma bearish crossover is in progress.
Leaders: InterGlobe Aviation, Shree Cement, ICICI Lombard, Havells India, LIC Housing Finance, Pidilite Industries. 
Laggards: Oracle Financial, Vodafone Idea, Lupin, New India Assurance Company.
Bullish Sectors: FMCG, Finance. 
Bearish Sectors: Telecom.

NSE Nifty 50

15 February 2019
Nifty is moving below 200 day moving average. 
Nifty is moving in the range of 10200 to 11200 for longer-term.
Leading world markets are also struggling at higher levels and corrected after longtime.
Dow has moved above 200-dma and shows strength at present.

Leaders: Wipro, UPL, Tech Mahindra, Infosys, Titan Company, Hindustan Unilever, RIL. 
Laggards: Vedanta, Hindalco, M&M, Grasim, Coal India, ONGC, Tata Motors. 
Bullish Sectors: IT, FMCG.
Bearish Sectors: Metal, Automobile.

Stocks with stable up move over longer period 
• HDFC Bank, HDFC.

S&P BSE Sensex 30

25 January 2019
Sensex is moving just above 200 day moving average.
Sensex from a high of 21216 had moved below to a low of 7697 in 2008. 
Sensex moved up to 21108 in 2010 and corrected to 15135 in Dec 2011. 
Sensex hit a new peak of 30024 in Mar 2015 and corrected to touch a low of 22494 in Feb 2016.
Sensex like other leading world market index made record high of 38989 in Aug 2018.
However most of the leading world market index are trading below 200-dma. 
Sensex is moving in a band of 34000 to 38000.

Market movement will depend on FII inflow and strength of rupee against the dollar.
Increase in crude oil price will be a pain for India.
The long term trend of the market still looks up.
However short term correction and consolidation can happen on the way up.

Leaders: Axis Bank, Infosys, RIL, Hindustan Unilever, ICICI Bank, HDFC, HDFC Bank. 
Laggards: Coal India, Maruti Suzuki India, Hero MotoCorp, Tata Steel, Mahindra & Mahindra.
Bullish Sectors: Bank, IT, FMCG.
Bearish Sector: Auto, Metal.

Stocks with stable up move over longer period 
• HUL, HDFC Bank, HDFC.

 


 

• Triggers for the market • 

• FII inflow
• Liquidity in the system
• New tax code
• Inflation
• Corporate results
• RBI fiscal policy
• Outflow to primary  market
• Interest rate
• Crude oil price
• Union Budget

General election results
Markets liked the General election results in 2009 and Sensex jumped up by 2000 points. Markets also hit the upper circuit for the first time.
Markets liked the General election results of 2014 and Sensex jumped up by 1500 points. The markets have moved into a new bull orbit.

Monsoon
Good monsoon is important for agriculture.
Agriculture gives good support to the economy.
For 2014 monsoon is expected to be below normal.
Watch out for food inflation, general inflation and interest rate.

South west monsoon rainfall as % of long period average

 2007     106
 2008       98
 2009       78
 2010     102
 2011     101

 2012   

   92
 2013     106
 2014   

   95 forecast

[Source: dna dated 25 April 2014]  
 2018

   91

 


 

Sector or Industry Technical Trend

Relative performance of Sector Indices

 

Information Technology - NSE

18 April 2019
Nifty Information Technology Sector Index is trading above the 200 day moving average.
Out of 10 Nifty IT Index stocks 7 are trading above 200-dma. 
That means 70% of IT Sectors stocks are trading above 200-dma.
Nifty Information Technology is the best performing Sector Index at present.
The index is trading above 50-dma with bullish crossover.
Information Technology is a defensive sector supported by weakening of rupee.

Outperformers: TCS, Info Edge, Wipro, Infosys, HCL Technologies, NIIT Technologies, Tech Mahindra. 
Underperformer: KPIT Technologies, Cyient, Rolta India, Infibeam Incorporation, Tata Elxsi.

Private Bank NSE

16 April 2019
All 10 Nifty Private Bank Sector Index stocks are trading above 200 day moving average.
That means 100% of Private Bank Sector stocks are trading above 200-dma.
Nifty Private Bank is the best performing Sector Index at present.
The index is trading above 50-dma with bullish crossover.
Private Banks are performing better than PSU Banks.
Buoyant economy will improve the fortunes of the banking sector.

Outperformers: Kotak Mahindra Bank, ICICI Bank, Karnataka Bank, HDFC Bank, Federal Bank, RBL Bank and Axis Bank.
Underperformers: The South Indian Bank and Karur Vysya Bank.

Cement

29 March 2019
Out of the 31 leading Cement stocks 12 are trading above 200 day moving average.
That means 39% of cement stocks are trading above 200-dma. 
With big incentive for the housing sector there is good demand for cement and steel.
Increase in the price of oil and GST could have affected the cement sector.

Outperformers: Shree Cement, ACC, HeidelbergCement India, Ambuja Cements. Ramco Cements, JK Lakshmi Cement.
Underperformers: Shri Keshav Cements, Jaiprakash Associates, Rain Industries, Panyam Cements, Sanghi Industries.

Leading sectors 

25 March 2019
Top outperforming sectors are Information Technology*, Energy*, FMCG*, TECk*, Private Bank*, Financial Service*, Services* and Bank*.
Top underperforming sectors are Media, Auto, Metals, Realty and Public Sector.
* The sector index 50/200-dma bullish crossover in progress 

Multinational Company – NSE

11 March 2019
Nifty MNC index is trading below 200 day moving average.
But the index is trading above 50-dma.
Out of 30 Nifty MNC index stocks 15 are trading above 200-dma.
That means 50% of MNC stocks are trading above 200-dma. 
High royalty payment to the parent companies had hurt the MNCs. 
However, increase in stake by parent companies in Glaxo Consumer, HUL and Glaxo Pharma has resulted in positive signals.
Brand image of Nestle took a knock after the Maggi issue and local Patanjali jumps up.
FII outflows can affected this sector and inflows can improve the fortunes of this sector.

Outperformers: Merck, Astrazeneca Pharma India, Bata India, International Paper APPM, Kennametal India, Pfizer. 
Underperformers: Steelco Gujarat, California Software, Restile Ceramic, DQ Entertainment International, Vedanta. 

TECk

19 February 2019
S&P BSE TECk sector index is trading above 200 day moving average.
Out of 29 S&P BSE TECk index stocks 8 are trading above 200-dma.
That means 28% of TECk stocks are trading above 200-dma.
The 50/200-dma golden crossover is in progress.
TECk is a combination of Technology and Knowledge based industries.

Outperformers: Tech Mahindra, Wipro, Infosys, INOX Leisure, HCL Technologies, Tata Consultancy Services. 
Underperformers: Vodafone Idea, Jagran Prakashan, TV18 Broadcast, Navneet Education, Reliance Com.

Energy – NSE

8 February 2019
Nifty Energy Index is trading above 50 and 200 day moving average. 
The 50/200-dma golden crossover could be due to the huge weightage of RIL.
Out of 10 Nifty Energy Sector stocks only 1 is trading above 200-dma. 
That means 10% of Energy Index stocks are trading above 200-dma.

Outperformers: Reliance Industries, Bharat Petroleum Corporation.
Underperformers: NTPC, Reliance Infrastructure.

Pharmaceutical – NSE

1 February 2019
Nifty Pharma Sector Index is trading above 50 but below 200 day moving average.
Out 10 Nifty Pharma Index stocks 6 are trading above 200 day moving average.
That means 60% of Pharmaceutical Index stocks are trading above 200-dma.
MNC Pharma companies are outperforming Indian Pharma shares.
Weak rupee can help the Indian Pharma companies.

Outperformers: Dr.Reddy's Laboratories, Divi's Laboratories, Apollo Hospitals, Aurobindo Pharma, Biocon.
Underperformers: Wockhardt, Cadila Healthcare, Ajanta Pharma, Sun Pharmaceutical.

Information Technology

18 January 2019
S&P BSE IT Index is trading above 50 and 200 day moving average.
The golden crossover 50/200-dma is in progress.
S&P BSE Information Technology Sector Index consists of 22 stocks from Group A.
Out of 22 IT stocks 8 are trading above 200 day moving average. 
That means 36% of IT Sectors stocks are trading above 200-dma. 
Rupee is trading close to all time low of around 74 against US dollar.
Being an exporter weak rupee is positive for the IT Sector.

Outperformers: Wipro, Infosys, L&T Technology, Larsen & Toubro Infotech, Tech Mahindra, NIIT Technologies.
Underperformers: Persistent Systems, HCL Infosystems, Infibeam Incorporation, eClerx Services.

Services Nifty NSE

11 January 2019
Out of 30 Nifty Services Sector Index stocks 15 are trading above 200 day moving average.
That means 50% of Services Sector stocks are trading above 200-dma.
Services Sector Index is trading above 50 and 200-dma.
Services Sector Index 50/200-dma bullish crossover has just started.
Services Sector stocks are from bank, energy, finance, IT, media, power, telecom and transport.

Outperformers: Axis Bank, ICICI Bank, HDFC, Wipro, HDFC Bank. 
Underperformers: Vodafone Idea, Yes Bank, Zee Entertainment, Indiabulls Housing Finance.

Sectors with Bullish crossover (50/200-dma golden cross) 

4 January 2019
Nifty financial services
Nifty bank
BSE bankex
Nifty FMCG [did not make bearish crossover]
BSE FMCG
BSE IT [did not make bearish crossover]
Nifty IT [did not make bearish crossover]
Nifty PSU bank

Sectors close to Bullish crossover
Nifty private bank
Nifty service
BSE capital goods

PSU – Banks & Finance

31 December 2018
Out of 23 S&P BSE PSU Bank Index stocks 10 are trading above 200 day moving average. 
That means 43% of PSU Bank & Finance stocks are trading above 200-dma.
Banking Sector is sensitive to inflation and interest rate.
PSU Banks NPAs run close to 15 lakh crores.

Outperformers: State Bank of India, Oriental Bank of Commerce, Canara Bank.
Underperformers: General Insurance Corporation of India, New India Assurance Co, Jammu & Kashmir Bank.

TECk – Technology

14 December 2018
Out of 11 S&P BSE TECk IT sector stocks 4 are trading above 200 day moving average.
That means 36% of Technology sector index stocks are trading above 200-dma.
BSE IT and NSE IT sector indices are trading above 50 and 200-dma.
Outperformers: Wipro, Infosys, Tech Mahindra, Tata Consultancy Services.
Underperformers: Infibeam Avenues, OFSS.

Paper at BSE NSE

22 November 2018
Out of 16 Paper Sector stocks 7 are trading above 200 day moving average.
That means 44% of the Paper stocks are trading above 200-dma.

Outperformers: Nath Pulp and Paper Mills, Satia Industries, West Coast Paper Mills, JK Paper and Shree Ajit Pulp.
Underperformers: Tamil Nadu Newsprint & Papers, Star Paper Mills, South India Paper Mills.

Information Technology – Others (USA)

26 October 2018
Tech heavy NASDAQ is trading below 200 day moving average.
Most of the leading world markets are also trading below 200-dma.
Out of 17 US Information Technology stocks 6 are trading above 200-dma.
That means 35% of the US Information Technology stocks are trading above 200-dma.

Outperformers: Verizon Communications, Apple, Microsoft Corporation, Adobe, Cisco Systems, Dell Technologies.
Underperformers: IBM, Facebook, Hewlett Packard Enterprise Co, Cognizant Technology Solutions Corp.

Sugar Sugar at BSE NSE

19 September 2018
Out of 24 Sugar stocks from BSE and NSE 12 are trading above 200 day moving average. 
That means 50% of Sugar stocks are trading above 200-dma. 
Sugar being an essential commodity is sweet for the voting public. 
Sugar could be bitter at times for the farmers or industry.
Rise in crude oil price and strengthening of US dollar encourages blending of ethanol with petrol.
Though liberalization has taken place still there are many restrictions for the industry.

Outperformers: Ravalgaon Sugar Farm, Shree Renuka Sugars, DCM Shriram Industries, Ponni Sugar (Erode), Bajaj Hindusthan Sugar, Uttam Sugar Mills.
Underperformers: Riga Sugar, Kakatiya Cement Sugar & Industries, E.I.D.- Parry (India), Dwarikesh Sugar Industries.

Pharmaceutical – MNC

12 September 2018
All the 7 MNC Pharma stocks are trading above 200 day moving average.
That means 100% of MNC Pharmaceutical stocks are trading above 200-dma. 
Pfizer, Roche and Novartis lost their patent cases in India.
MNC Pharma shares outperform the market most of the time.

Outperformers: Sanofi India, Abbott India, Pfizer, GlaxoSmithKline Pharmaceuticals, Novartis India.
Underperformers: -

Bank – NSE

17 August 2018 
Nifty Bank Sector Index is trading above 20, 50, 100 and 200 day moving average.
Out of 12 Bank stocks 8 are trading above 200-dma. 
That means 67% of Bank Sector stocks are trading above 200-dma.
Private Banks are performing better than PSU Banks.
Non-Performing Assets (NPA) in PSU Banks are well known.

Outperformers: Yes Bank, Axis Bank, IndusInd Bank, RBL Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank.
Underperformers: Punjab National Bank, Federal Bank, IDFC Bank.

Finance – NSE

10 August 2018 
Nifty Financial Services Sector Index is trading above 50 and 200 day moving average.
Out of 20 Nifty Financial Services Sector Index stocks 16 are trading above 200-dma.
That means 80% of Financial Services Sector Index stocks are trading above 200-dma.
The Indian economy is expected to perform well. 
Hence it is expected that banks, finance and NBFC to perform well.

Outperformers: Bajaj Finserv, Bajaj Finance, Axis Bank, Bharat Financial Inclusion, HDFC Bank, HDFC, Indiabulls Housing Finance. 
Underperformers: General Insurance Corporation of India, PFC, RECL, Max Financial Services.

Automobile Sector Index stocks at NSE

27 July 2018
Nifty Automobile Sector Index is trading below 200 day moving average.
Out of 15 Nifty Auto Index stocks 5 are trading above 200-dma.
That means 33% of Automobile stocks are trading above 200-dma. 
Increase in the price of metal and crude oil has affected the performance of this sector.
Increase in the interest rates can further give trouble to this sector.

Outperformers: MRF, Exide Industries, Mahindra & Mahindra, Apollo Tyres, Maruti Suzuki India. 
Underperformers: Tata Motors, Bajaj Auto, Hero MotoCorp.

Paint  

17 July 2018
Out of 7 Paint industry stocks 4 are trading above 200 day moving average. 
That means 57% of the Paint stocks are trading above 200-dma. 
The drop in the price of commodities has benefited the paint industry.
With up move in price of crude oil the input cost of paint has gone up.

Outperformers: Asian Paints, Berger Paints India, Mitshi India, Akzo Nobel India.
Underperformers: Shalimar Paints, Hardcastle and Waud Manufacturing Company, Kansai Nerolac Paints.

Finance at BSE

13 July 2018
S&P BSE Finance Index is trading above 200 day moving average.
Out of leading 25 S&P BSE Finance Index stocks 6 are trading above 200-dma.
That means 24% of Finance Sector Index stocks are trading above 200-dma.
The Indian economy is expected to perform well with good monsoon. 
Hence it is expected that banks, NBFC, housing finance, micro finance and insurance to perform well.

Outperformers: Kotak Mahindra Bank, HDFC Bank, Bajaj Finserv, HDFC, Bajaj Finance, Yes Bank.
Underperformers: Federal Bank, Bank of India, REC, Punjab National Bank, Canara Bank.

Bank

13 July 2018
S&P BSE Bankex Sector Index is trading above 200 day moving average.
Out of 10 BSE Bank Sector Index stocks 4 are trading above 200-dma.
That shows 40% of BSE Bank Sector Index stocks are trading above 200-dma.
Bank Sector is sensitive to inflation and interest rate.
Banking and finance services sectors are outperforming in recent times.

Outperformers: HDFC Bank, Kotak Mahindra Bank, Yes Bank, City Union Bank, RBL Bank, IndusInd Bank.
Underperformers: Union Bank of India, Dhanlaxmi Bank, Indian Overseas Bank, Bank of India.

Fast Moving Consumer Goods

2 July 2018
S&P Fast Moving Consumer Goods Sector Index is trading above 200 day moving average. 
Out of 24 leading BSE FMCG Index stocks 13 are trading above 200-dma.
So 54% of the leading BSE FMCG Index stocks are trading above 200-dma.
MNCs interest in FMCG sector keeps the stock price up despite higher price to earnings.
FMCG is a defensive sector and has advantage of good rains and GST.

Outperformers: Godrej Consumer Products, Britannia Industries, Hindustan Unilever, Jubilant Foodworks, Jyothy Laboratories, PGHH, Dabur India, Nestle India. 
Underperformer: Kwality, Tata Coffee, Vadilal Industries, Balrampur Chini Mills, KRBL,Shree Renuka Sugars.

Consumer Durables

14 June 2018 
Out of 10 S&P BSE Consumer Durables Sector Index stocks 4 are trading above 200 day moving average. 
That means 40% of Consumer Durables stocks are trading above 200-dma. 
There is always good demand for gold in India and price is close to all time high levels. 
However price of gold has corrected around 30% from peak value in the world markets.

Outperformers: VIP Industries, Johnson Controls-Hitachi Air Conditioning India, Whirlpool of India, Titan Company, Vaibhav Global. 
Underperformers: Videocon Industries, Sharp India, Salora International, LEEL Electricals. Gitanjali Gems.

Quality 30 Index stocks at NSE

1 June 2018
Out of Nifty Quality 30 index stocks 17 are trading above 200 day moving average.
That means 56% of Nifty Quality 30 stocks are trading above 200-dma.
Outperformers: Dabur India, Hindustan Unilever, Infosys, Colgate-Palmolive (India), Britannia Industries, Tech Mahindra, Asian Paints, TCS. 
Underperformers: Vakrangee, Lupin, Dr. Reddy's Laboratories, Glenmark Pharmaceuticals, HPCL, Castrol India.

Consumption – NSE

1 June 2018
Out of 30 Nifty India Consumption index stocks 18 are trading above 200 day moving average. 
That means 60% of India Consumption stocks are trading above 200-dma.
Outperformers: Godrej Consumer Products, Dabur India, Hindustan Unilever, Colgate-Palmolive (India), Britannia Industries, Mahindra & Mahindra, Page Industries.
Underperformers: Apollo Hospitals Enterprise, Emami, Tata Power Company, Idea Cellular.

FMCG – NSE

18 May 2018
Out of 15 Nifty FMCG Index stocks 12 are trading above 200 day moving average.
So, 80% of Nifty FMCG Index stocks are trading above 200-dma.
FMCG sector has managed to move up, thanks to better monsoon and GST. 
Other defensive sector pharmaceuticals is still struggling but improvement is seen for informative technology sector.
FIIs have shown keen interest in FMCG sector.

Outperformers: Britannia Industries, Hindustan Unilever, Colgate Palmolive, Dabur India, Jubilant Foodworks, Godrej Consumer Products, United Breweries.
Underperformers: Emami, ITC, Godrej Industries.

Commodities – NSE

2 January 2018
Out of 30 Nifty India Commodities index stocks 27 are trading above 200 day moving average. 
That means 90% of commodities stocks are trading above 200-dma.
The fall in the price of commodities has improved the fortunes of some sectors like auto, aviation, cement, metals, petrochemicals etc.

Outperformers: Steel Authority of India, Tata Power Company, Oil India, Tata Steel, Hindalco Industries, Century Textiles & Industries and JSW Steel.
Underperformers: Coal India, UPL, Indian Oil Corporation.

Realty Index Stocks at NSE

1 December 2017
Nifty Realty Sector Index is trading above 20, 50, 100 and 200 day moving average.
Out of 10 Nifty Realty stocks 8 are trading above 200-dma.
So, 80% of Realty stocks are trading above 200-dma.
Realty sector is expected to do well with more investments in rural housing.
This sector is sensitive to interest rate.

Outperformers: Sobha, Brigade Enterprises, Godrej Properties, Prestige Estates Projects, DLF.
Underperformers: HDIL, Unitech.

Tea Coffee at BSE NSE

29 November 2017
All the 14 Tea Coffee stocks from BSE and NSE are trading above 200 day moving average. 
That means 100% of Tea Coffee stocks are trading above 200-dma. 
Production of less tea in some part of the world has pushed the price up.
Besides tea has been extensively used in politics also!

Outperformers: Goodricke Group, Tata Global Beverages, Tata Coffee, McLeod Russel India, Jay Shree Tea & Industries, KanCo Tea & Industries, Harrisons Malayalam.
Underperformers: CCL Products (India), United Nilgiri Tea Estates Company, Bombay Burmah Trading Corporation.

Fertilizer at BSE NSE

28 November 2017
Out of 15 Fertilizer stocks from BSE and NSE 14 are trading above 200 day moving average. 
That means 93% of Fertilizer stocks are trading above 200-dma. 
Fertilizer is subsidies still the plight of small farmers has not improved.

Outperformers: Zuari Global, SPIC, Coromandel International, Madras Fertilizers, Mangalore Chemicals & Fertilizers, Chambal Fertilisers & Chemicals, RCF.
Underperformers: National Fertilizers, FACT, Dharamsi Morarji Chemical Co.

Logistics at BSE NSE

24 November 2017
Out of 12 Logistics stocks from BSE and NSE 8 are trading above 200 day moving average. 
That means 67% of Logistics stocks are trading above 200-dma. 
Logistics sector involved in storing and warehousing has been given the infrastructure status.

Outperformers: VRL Logistics, Arshiya, Aegis Logistics, Balmer Lawrie & Company, Mahindra Logistics.
Underperformers: Asis Logistics, Chartered Logistics, Allcargo Logistics.

Energy

21 November 2017
Out of 26 S&P BSE Energy sector index stocks, 21 are trading above 200 day moving average.
That means 81% of Energy sector stocks are trading above 200-dma.
Nifty Energy index is trading above 50,100 and 200 day moving average.
Crude oil price increase will help the producers but will affect the users.

Outperformers: Gulf Oil Lubricants India, Aegis Logistics, RIL, Hindustan Oil Exploration Co, GMDC, GOCL Corpn.
Underperformers: Gujarat NRE Coke, Deep Industries, GP Petroleums, Jindal Drilling & Industries.

Telecom

20 November 2017
Out of 16 S&P BSE Telecom sector index stocks, 13 are trading above 200-dma.
That means 81% of Telecom sector stocks are trading above 200-dma.
There is disruption and consolidation in the Telecom sector.

Outperformers: Tejas Networks, ITI, Sterlite Technologies, Vindhya Telelinks, Bharti Airtel, Aksh Optifibre.
Underperformers: Reliance Communications, OnMobile Global, GTL.

PSU - Metal & Mining

6 October 2017
Out of 9 BSE PSU Metal & Mining Index stocks 3 are trading above 200 day moving average. 
That means, 33% of PSU Metal stocks are trading above 200-dma.

Outperformers: National Aluminium Company, Gujarat Mineral Development Corporation, MOIL. 
Underperformers: NMDC, Steel Authority of India, Coal India.

Automobile

22 September 2017
BSE Automobile Sector Index is trading above 200 day moving average.
Out of 14 Auto stocks 9 are trading above 200-dma.
That means 64% of Automobile stocks are trading above 200-dma. 
Metal and crude oil price coming lower is good for the auto sector.
Drop in the interest rates can further boost this sector.

Outperformers: Maruti Suzuki India, Grauer & Weil (India), Sundaram Clayton, Bharat Forge, JBM Auto.
Underperformers: SML Isuzu, Omax Autos, Amtek Auto, Amara Raja Batteries, Tata Motors.

Metal Index Stocks at NSE

24 August 2017
S&P BSE Metal Sector Index is trading above 20, 50, 100 and 200 day moving average.
Out of 15 Nifty Metal Index stocks 12 are trading above 200-dma.
So, 80% of Metal stocks are trading above 200-dma. 
There is improvement in price of commodities in the recent times.
The price of metals, minerals and crude oil have moved up steadily.

Outperformers: Tata Steel, Vedanta, JSW Steel, Welspun Corp, Hindalco Industries. 
Underperformers: Orissa Minerals Development Company, Coal India, NMDC.

Power

7 Aug 2017
BSE Power Sector Index is trading above 20, 50, 100 and 200 day moving average.
Out of 18 Power Index stocks 14 are trading above 200-dma. 
So, 78% of Power Index stocks are trading above 200-dma.

Outperformers: PTC India, Lakshmi Electrical Control, GVK Power & Infrastructure, NTPC, Power Grid Corporation.
Underperformers: Lanco Infratech, Reliance Power, BHEL.

Oil & Gas

21 June 2017
BSE S&P Oil & Gas Sector Index is trading above 200 day moving average.
Out of 10 Oil & Gas stocks 6 are trading above 200-dma.
So 60% of Oil & Gas Index stocks are trading above 200-dma.
Deregulation in the oil sector has improved the fortunes of oil marketing companies (OMC).
Drop in oil price has affected the oil producing companies.

Outperformers: Gulf Oil Lubricants, Reliance Industries, Indraprastha Gas, Petronet LNG, Mahanagar Gas.
Underperformers: Aban Offshore, Selan Exploration Technology, Dolphin Offshore.

Realty

16 June 2017
S&P BSE Realty Sector Index is trading above 200 day moving average.
Out of 10 Realty stocks 9 are trading above 200-dma.
So, 90% of Realty stocks are trading above 200-dma.
NSE Nifty Realty is also trading above 200-dma.
The short term Index trend is also strong and trades above 20-dma.
Realty sector has slow and steadily started moving up.
This sector is sensitive to interest rate.

Outperformers: Indiabulls Real Estate, Godrej Properties, Ansal Properties & Infrastructure, Phoenix Mill.
Underperformers: Orbit Corporation, Parsvnath Developers, Unitech.

Metal

9 June 2017
BSE S&P Metal Sector Index is trading above 200 day moving average.
Out of 10 Metal Index stocks 7 are trading above 200-dma.
So, 70% of Metal stocks are trading above 200-dma.
BSE Metal Sector Index is trading above 20 and 50-dma but below 100-dma.
There is improvement in the price of commodities in recent times.
The price of metals, minerals and crude oil have moved up steadily.

Outperformers: APL Apollo Tubes, Gujarat Mineral Development Corporation, Hindalco Industries, Tata Steel.
Underperformers: Gujarat NRE Coke, Coal India, Orissa Min Dev Co.

Public Sector Undertakings

6 March 2017
BSE PSU Index is trading above 200 day moving average.
Out of 56 PSU Index stocks 50 are trading above 200-dma.
That means 89% of PSU stocks are trading above 200-dma.
Outperformers: IOC, Chennai Petroleum, National Aluminium, Vijaya Bank, NLC India.
Underperformers: Indian Overseas Bank, Container Corporation, UCO Bank.

PSU - Power & Other Sectors

19 January 2017
Out of 17 PSU Power & Other Sector Index stocks 15 are trading above 200 day moving average.
That is 88% of these stocks are trading above 200-dma.

Outperformers: Power Grid, Engineers India, Balmer Lawrie, Bharat Electronics, NTPC.
Underperformers: BHEL, Shipping Corporation of India, Container Corporation.

PSU - Oil & Gas

6 January 2017
All the 8 BSE PSU Oil & Gas Index stocks are trading above 200 day moving average.
That means 100% of stocks are trading above 200-dma.
Decontrol of petrol and diesel price has given boost to oil marketing companies.
What a surprise, PSU oil stocks are outperforming the private sector stocks.

Outperformers: Indian Oil Corporation, Chennai Petroleum, Mangalore Refinery.
Underperformers: -

Infrastructure – NSE

4 January 2017
Out of 25 Nifty Infrastructure Sector Index stocks 10 are trading above 200-dma.
That means 40% of Infrastructure stocks are trading above 200 day moving average.
Infrastructure sector stocks can do better with improvement in the economy.

Outperformer: ITD Cementation India, Engineers India, NTPC, Power Grid Corporation of India, NHPC.
Underperformer: VA Tech Wabag, Idea Cellular, Container Corporation of India, GMR Infrastructure.

Public Sector Enterprises – NSE

21 December 2016
Out of 20 Nifty PSE index stocks 16 are trading above 200 day moving average.
That means 80% of Public Sector Enterprises stocks are trading above 200-dma.
Most of the time Private sector stocks outperform Public sector stocks.
But recently Public sector is in the upswing dominated by Oil & Gas stocks.

Outperformers: Engineers India, BPCL, Petronet LNG, HPCL, IOC.
Underperformers: CONCOR, Coal India, Rural Electrification Corporation.

PSU Bank – NSE

19 August 2016
Nifty PSU Bank index is trading above 20, 50, 100 and 200 day moving average.
Out of 12 Nifty PSU Bank index stocks 11 are trading above 200-dma.
That means 92% of PSU Bank Sector stocks are trading above 200-dma.

Private Banks are outperforming and PSU Banks are underperforming.
Mounting non-performing asset (NPA) is a big problem for this sector.
Interest rate cut by RBI will boost this sector.

Outperformers: State Bank of India, Bank of Baroda, Punjab National Bank.
Underperformers: Indian Overseas Bank, Union Bank of India.

Pharmaceutical – Others
(Other than BSE Health Care, NSE Pharma and MNC Pharma stocks)

4 September 2015
Out of 15 shares 11 are trading above 200 day moving average.
That means 73% shares are trading above 200-dma.
Outperformers: Jubilant Life Sciences, Dishman Pharmaceuticals, FDC.
Underperformers: Elder Pharmaceuticals, Sterling Biotech.

TECk – Media

16 June 2015
Out of 10 BSE TECk – Media Index stocks 2 are trading above 200 day moving average.
That means 20% of Media Sector stocks are trading above 200-dma.
Outperformers: Dish TV India, TV18 Broadcast.
Underperformer: Sun TV Network

TECk – Telecom

11 June 2015
Out of 8 BSE TECk – Telecom Index stocks 3 are trading above 200 day moving average.
That means 38% of Telecom Sector stocks are trading above 200-dma.
After a long time some strength is seen in the leading telecom shares.
Outperformers: Bharti Infratel, Bharti Airtel, Idea Cellular.
Underperformers: Himachal Futuristic Communications, Tata Teleservices Maharashtra.

BSE Health Care or Pharmaceutical

19 February 2015
Out of 17 Pharmaceutical stocks 15 are trading above 200 day moving average.
That means 88% of Pharmaceutical stocks are trading above 200-dma.
Pharma like FMCG being a defensive sector outperforms other sectors in a falling market also.
Like IT companies Indian Pharma companies are also cashing on exports.

Outperformers: Lupin, Piramal Enterprises, Sun Pharmaceutical.
Underperformers: Biocon, Ipca Laboratories.

Capital Goods

26 February 2014
Out of 20 BSE Capital Goods Index stocks 14 are trading above 200 day moving average.
So, 70% of Capital Goods stocks are trading above 200-dma.
Outperformers: AIA Engineering, VA Tech Wabag, SKF India, Larsen & Toubro.
Underperformers: Bharat Electronic, Pipavav Defence and Offshore Engineering Company.

Quality Rather Than Quantity 

Bulls and Bears

In the recent past, Indian stock markets were moving only in one direction and that was up, up and up. The Bombay Stock Exchange Sensitive Index (Sensex) from the levels of below 3000 in 2001, moved to eye popping levels of above 21000 in Jan 2008. Big bulls of the stock markets were projecting the Sensex to climb to 40000 and even 45000. The markets moving in top gear put the brakes.   Sensex from the peak of 21216 in January 2008 moved to levels below the psychological level of 10000 in October 2008 to hit a low of 7697. Is the party over?   Yes, certainly for the near term. The big bears were projecting the Sensex to drop to 6000. Can the Sensex drop so sharply? Or have the markets already bottomed out? Yes, the markets had bottomed out.

Sensex from a low of 7697 in 2008 bounce back above 10000 to touch a high of 21108 in Nov 2010. From there Sensex corrected to a low of 15135 in Dec 2011. After consolidating for four years there was fresh breakout to take the markets to a higher orbit. Sensex has made an all-time high of 28822 in November 2014 and further moved up to 30024 in January 2015. The trend has turned bullish and the market up move continued to make another new high of 38989 in Aug 2018. How long can this uptrend continue?  The leading world stock markets after trading at all-time high levels are hurt by the trade war and volatile crude oil price.

FII inflow

It would be good to analyse what lifted the stock markets to such high levels and the subsequent reversal of the trend. The economic reform process initiated in the early 1990s resulted in all round economic growth in India.  Earlier from being an importer, India could turn into an exporter of agriculture products and industrial goods. The growth in the service sector was even more impressive with huge success in the Information Technology industry.  This liberalised economic environment was conducive for the upswing of the stock markets. With huge inflow of funds from Foreign Institutional Investors (FII) the markets made impressive gains. It is observed that the stock market tanks when FIIs pullout money from India. FII inflow is in the region of $20 billion per annum.

Another player has emerged strong since 2016 is the Domestic Institutional Investors (DII).  More investors have started participation in the stock market is a big way through DIIs. Nowadays whenever FIIs are selling, the pressure is absorbed by the DIIs.

Crude oil shock

The subprime problem was putting pressure on US and European banks and the stock markets.  Crude oil price from the levels of $40 per barrel in 2004, moved to levels of more than $100 per barrel in Jan 2008 and to the peak of $147 in July 2008. These factors were hurting the world economy and the stock markets. FII inflows dried up and later turned net sellers and the Indian markets tanked. The price of crude oil cooled to $70 per barrel in October and below $40 in December 2008 but that did not help the world markets. The global financial crisis was putting huge pressure on the world markets. During the up move of oil price the pain was for the oil consumers and with the oil price hitting low the pain had shifted on the oil producers. The global economic downturn had put pressure on the crude oil price. Stimulus package by many nations improved the world economy the oil price moved up to $100 per barrel in 2011. Oil producers increased the output and shale gas from USA also increase the supply and the price dropped close to $35 in 2016. The OPEC and Russia cut the oil production and pushed up the oil price to $76 in 2018. Now the price of oil is volatile and after moving back to $42 has moved up to $60.

Long-term investment

Markets move in both the directions and what should be the investment strategy?  Investment in stock market can be a great pleasure if one is not greedy and not in great hurry to make money. Longer the time frame it will be that much easier to make money and conversely, shorter the time frame it will be that much difficult to make money. Besides, tax on long-term capital gains is nil or less than tax on short-term capital gains.

Fundamentals

It is always good to invest in fundamentally sound stocks only. This can save from severe capital erosion even during the bear phase. Besides, during the bad times also these stocks will not pose any liquidity problem. How can one identify fundamentally strong stocks?  Stock Exchanges have strong parameters to identify and to select stocks that can fit into the elite club of market index like Sensex and Nifty. Stock Exchanges also identify and select strong stocks in different industrial sectors. It is always good to be with the market indices and the sector indices. The Stock Exchanges always keep watch on these indices and pull out the weak stock and replace with stronger ones.


Technical Analysis

Some people buy stocks based on fundamental factors and some people buy stocks based on technical factors. It will be prudent to take advantage of both fundamental and technical factors. Technical analysis of all the stocks in the Sensex, Nifty, Nifty Next (Nifty Junior) and Nifty Midcap and other broad index can be viewed in Market Index and stocks from different industries and other themes can be seen in Sector Index. Some index leaders and laggards can also be viewed.

200 day moving average

Technical analysis using simple 200 day moving average (dma) gives the long-term trend of the market, sector or any scrip. Stock trading above 200 day moving average indicates strength and will be a buy candidate with long-term point of view. On the contrary, stock trading below 200 day moving average indicates weakness and will be a sell candidate with long-term point of view. The trend is up when trading is above 200-dma and the trend is down when trading is below 200-dma. The ascending 200-dma line is most desirable and descending 200-dma line indicates weakness.
The stocks trading above 200-dma are shown in blue colour, stocks trading close to 200-dma are shown in orange colour and stocks trading below 200-dma are shown in red colour. When a stock starts trading close to 200-dma, the stock can further strengthen and move above 200-dma. Similarly, when a stock trading above 200-dma starts trading below 200-dma the stock can weaken further and go down. When a weak stock starts moving up, 200-dma acts a major resistance. In the same way, when a strong stock starts moving down, 200-dma acts a major support.

A logged in account of Yahoo Finance allows to retain the required settings in the indicators. Simple moving average (SMA) with 200-dma added in the indicator can be displayed in red colour and will be the smoothest line compared to all other lines.  Next 100-dma added can be displayed in green. Next 50-dma added can be displayed in brown. Next 20-dma added can be displayed in black. This line will move very close to the share price which is displayed in blue. The setting duration for one year gives daily graph. Longer duration when viewed will give weekly or monthly chart. In the same way lower duration when viewed will give minute chart.

100 day moving average 

Technical analysis using simple 100 day moving average gives the medium-term trend of the market, sector or any scrip. When 100-dma moves above 200-dma, bullish cross-over (golden cross) happens. In other words, when the magenta line moves above the blue line that is a positive sign. On the contrary, when 100-dma moves below 200-dma, bearish cross-over (death cross) happens. In other words, when the magenta line moves below the blue line that is a negative sign.

50 day moving average

Technical analysis using simple 50 day moving average gives the short-term trend of the market, sector or any scrip. Golden cross happens when 50-dma moves above 100-dma or 200-dma. In other words, when the green line moves above magenta or blue line that is a positive sign. On the contrary, death cross happens when 50-dma moves below 100 or 200-dma. In other words, when the green line moves below magenta or blue line that is a negative sign.

20 day moving average
There are short-term traders interested in using 20-dma or lower durations. It is observed that the share price does not move too much away from that the 20-dma for long time. Whenever the movement is too far, whether up or down the share price moves back close to 20-dma.

Volume

In the chart, below the stock price movement the trading volume are shown as vertical bars. Stock moving up with high volume is a good sign as it shows large participation. Stock moving up with low volume is not a good sign as it shows less participation. Similarly, stock moving down with high volume is not a good sign but stock moving down with low volume is not a bad sign.

 

Few points to remember

 

Buy cheap (sheep)
Sell dear (deer)

It is not easy to buy at the bottom
It is difficult to sell at the top

Invest with surplus funds
Never play in the market with borrowed money

Trend is your friend
Follow the trend

When market moves up, greed creeps in
When market goes down, fear sets in

Buy on rumour
Sell on news.

Do not try to catch a falling knife
It is easy to buy shares (possessive human nature) but difficult to sell shares.
Always chase quality stocks, not quantity.

 

Well folks, it’s time to invest with long-term point of view.

Happy investing!

 


 

 


 

 

Technical trend of Broad & Sector Index of BSE and NSE India

BSE NSE Sector Index  25Mar19 Chart Strength 22Feb19 Chart Strength 4Jan19 Chart Strength 21Dec18 Chart Strength 23Nov18 Chart Strength 22Oct18 Chart Strength 21Sep18 Chart Strength 24Aug18 Chart Strength 20Jul18 Chart Strength 22Jun18 Chart Strength 14May18 Chart Strength 9Mar18 Chart Strength 9Feb18 Chart Strength 12Jan18 Chart Strength 15Dec17 Chart Strength 10Nov17 Chart Strength 13Oct17 Chart Strength 15Sep17 Chart Strength 11Aug17 Chart Strength 7Jul17 Chart Strength 9Jun17 Chart Strength
S&P BSE  SENSEX 13* 10   3 3 2 2 2 2 1 strong 1 strong 11 11 12 14 16 11 20 14 6 6

S&P BSE 100

15* 14   5 5 5 4 4 5 5 5 13 9 10 15 17 8 1 stro 9 2 2
S&P BSE 200  16 16   6 6   5 5 6 6 6 16 3 7 10 18 10 3 10 3 1 stro
S&P BSE 500  18 17   7 7 6 6 7 7 7 14 6 8 8 12 9 7 12 4 5
NIFTY 50 12* 12   4 4 3 3 3 4 3 17 14 17 17 20 5 10 13 9 11
NIFTY NEXT 50 21 21 14                 21 16 13 12 15 15 5 15 10 15
NIFTY MIDCAP 50 20 22   8 8 8 8 8 8 8 19 25 18 9 8 16 4 20 14 18
NIFTY MIDCAP100 26 25   9 9 9 9 9 9 9 24 23 6 7 11 21 6 25 18 19
INDIA VIX 17 15   16 19 21 15 12 14 12  14 15 19 14 15 13 11 11 15 10 10
S&P BSE AUTO  32 30                    25 24 22 5 24 13 23 24 20 8
NIFTY AUTO 34 31  25                                    
S&P BSE BANKE 11* 12*  3                 23 13 24 21 14 24 19 7 13 7
NIFTY BANK 10* 11*  1 strong 3 7 7 4 3 20 12 20 19 7 18 15 8 15 9
S&P BSE CAPITAL GOODS  22 23  11                 18 15 19 23 5 28 13 18 23 16
S&P BSE CONS.DURABLES  14* 15*  13                 4 18 4 1 strong 4 4 2 1 strong 16 13
NIFTY ENERGY 3* 8*  18                 9 19 25 22 27 3 12 3 22 21
NIFTY FIN SERV 8* 5*  1 strong                                    
S&P BSE FMCG 7* 7*  7                                    
NIFTY FMCG 4* 4*  6                 6 7 27 25 30 28 26 29 5 12
NIFTY INFRA 24 24  15                 26 26 21 24 22 22 18 19 21 17
S&P BSE IT 1* strong 2*  8                                    
NIFTY IT 2* 1*  2 1 strong 1 strong 1 strong 1 strong 1 strong 2 4 1 strong 4 3 4 1 strong 6 28 23 30 27
NIFTY MEDIA 35 33                                      
S&P BSE METAL  33 34  26                 3 2 11 29 23 7 14 11 17 25
NIFTY MNC 23 19  12                 5 1 strong 1 strong 2 13 17 9 2 1 strong 4
S&P BSE OIL&GAS 19 20  17                 22 22 28 20 26 2 21 5 24 20
NIFTY PHARMA 17 18  19                 31 31 31 31 31 30 31 31 31 29
S&P BSE POWER  25 27  23                 29 30 23 28 29 27 25 27 25 26
NIFTY PSE 28 28  24                 27 27 26 26 28 23 24 26 28 22
S&P BSE PUBLIC SECTOR 29 29  22                 30 28 29 27 25 29 27 28 26 23
NIFTY PSU BANK 27 26*  15                 28 29 30 30 10 31 30 30 27 24
NIFTY PVT BANK 6* 9*  4                 12 10 14 13 9 12 8 6 11 3
NIFTY QUALITY 30     -                 15 23 2 3 2 1 strong 11 21 19 14
S&P BSE REALTY  30 32  20                 7 17 16 18 19 25 16 17 7  
NIFTY REALTY 31 35  21                 8 20 15 16 21 20 17 16 8  
NIFTY SERVICES 9* 6*  5                 10 8 9 11 6 14 22 4 12 10
S&P BSE TECK  5* 3*  10                 2 5 5 6 3 19 29 22 29 28

 

Many stock markets in the world have made all time highs and now undergoing correction

Stock Market Index 22Mar19 Chart Strength 22Feb19 Chart Strength 18Jan19 Chart Strength 21Dec18 Chart Strength 23Nov18 Chart Strength 22Oct18 Chart Strength 21Sep18 Chart Strength 24Aug18 Chart Strength 20Jul18 Chart Strength 22Jun18 Chart Strength 18May18 Chart Strength 16Feb18 Chart Strength 19Jan18 Chart Strength 29Dec17 Chart Strength 17Nov17 Chart Strength 20Oct17 Chart Strength 22Sep17 Chart Strength 18Aug17 Chart Strength 14Jul17 Chart Strength 14Jun17 Chart Strength
S&P BSE SENSEX   2* 10 2 2 2 5 2 1 strong 2 5 6 4 2 5 7 7 8 3 2
NIFTY 50 3* 11 4 3 4 7 3 3 3 9 5 5 1 strong 7 6 6 6 4 5
HANG SENG   4* 3 7 5 7 9 10  10 11 8 8 3 2 4 2 9 4 2 2 6
KOSPI Composite 11 7 12 6 8 10 12  12 12     7 12 9 4 3 9 9 6 3
Nikkei 225 10 12 9 13 5 4 7 6 5 7 9 9 8 8 2 2 7 8 7
SSE Composite 1 strong 8 13 8 9 8 13  13 13 12 11 10 6 12 6 10 5 1 strong 11 12
CAC 40 8 5 10 12 12 11 8 7 7 1 strong 8 8 11 10 11 10 12 12 11
DAX PERFORMANCE 12 9 11 10 11 12 11  11 10 9 6 12 10 10 9 5 8 11 9 4
FTSE 100 9 6 8 9 10 7 6 4 4 2 13 11 6 11 8 12 10 10 9
Dow Jones Industrial Average 6* 2 3 7 3 2 1 strong  4 5 6 10 4 1 strong 3 3 1 strong 1 strong 3 1 strong 1 strong
NASDAQ Composite 5 4 5 11 6 3 1 strong 2 1 strong 3 2 3 5 1 strong 4 3 5 10 8
IPC MEXICO 13 13 6 4 13 6 5 9 11 12 11 13 13 12 12 11 4 5 10
IBOVESPA  7* 1* strong 1* strong 1 strong 1 strong 1 strong 8 9 8 10 4 1 strong 7 7            
      Note: *The 50/200-dma golden cross is in progress
  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

Yahoo Finance 6 month linear charts have been used for technical analysis with 200, 100, 50 and 20 day simple moving average along with standard MACD and RSI.

 

Subcategories

Bombay Stock Exchange (BSE) stock index is popularly called SENSitive indEX or SENSEX and consists of 30 prominent stocks.

National Stock Exchange (NSE) stock index is popularly called NIFTY (Nse fIFTY) and consists of 50 prominent stocks.

National Stock Exchange (NSE) stock index NIFTY JUNIOR consists of 50 most liquid stocks other than NIFTY 50.

Leaders and Laggards of Sensex, Nifty and Nifty Junior are shown separately.

 

Shares from different Sectors are given in this section traded at Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India.

Initially Sectors from BSE were covered, hence the headings did not mention the exchange name along with the topic name.

The topics from the National Stock Exchange will have CNX, NSE or Nifty along with the heading.

Some non-index sector like Cement, Paint and Sugar are also added to the topics from BSE and NSE.

The latest topic finds place at the top and the oldest topic finds place at the bottom. However sorting is possible by clicking on the headings like Title or Hits.

Shares from Broad Indices form BSE and NSE can be seen in Market Index Section.

Google finance linear charts have been used for technical analysis with 200, 100, 50 and 20 day simple moving average for one year duration along with standard MACD and RSI.

This section contains articles regarding our Stock DMA app for Windows Phone and Android Phone.