Indian Stock Market Tips

Posts Tagged ‘bombay stock exchange’

Using the DragonCharts stock screener for the Indian share markets, we point out technical patterns of potential swing trades to monitor in the upcoming week. www.dragoncharts.com

Using the DragonCharts Stock Screener software, we present you with the best Indian stocks setting up for potential swing trade entry in the coming days. Free trial subscription available at DragonCharts.com DISCLAIMER: The risk of loss in active trading of securities can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading. All material on DragonCharts.com is for educational and information purposes only, and should NOT be construed as an offer or solicitation of an offer to buy or sell any securities. The Companies have not been compensated by any of the public companies that are discussed in our videos and webinars, or by their affiliates, agents, officers or employees. However, DragonCharts Limited (“DragonCharts”) may receive a marketing fee for introducing our clients to a securities broker-dealer, for the ease of enabling our clients to conduct their own online trading transactions. Supporting documentation for any claims, comparisons, recommendations, statistics, or other technical data, will be supplied upon request.

Using the DragonCharts Stock Screener software, we present you with the best Indian stocks setting up for potential swing trade entry in the coming days. Free trial subscription available at DragonCharts.com DISCLAIMER: The risk of loss in active trading of securities can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading. All material on DragonCharts.com is for educational and information purposes only, and should NOT be construed as an offer or solicitation of an offer to buy or sell any securities. The Companies have not been compensated by any of the public companies that are discussed in our videos and webinars, or by their affiliates, agents, officers or employees. However, DragonCharts Limited (“DragonCharts”) may receive a marketing fee for introducing our clients to a securities broker-dealer, for the ease of enabling our clients to conduct their own online trading transactions. Supporting documentation for any claims, comparisons, recommendations, statistics, or other technical data, will be supplied upon request.

Spider Software bring to you the most popular Technical Analysis Software for the Indian Stock Market which provides live data of BSE, NSE, Futures and Options.

The Bombay Stock Exchange benchmark Sensex fell below the psychological 16000-mark in early trade today, losing 272.09 points amid a major sell off across the board and a weak trend in Asian markets. The overall mood in the broader market was negative, with as many as 1687 stocks trading in the red and only 860 scrips trading in positive territory at 1055 hours.

Last week, we entered two new Indian stocks in our model portfolio, which we introduced to you in yesterday’s video where we explained how we now monitor and track our daily performance. Yesterday, both of those stocks moved higher and IFB Agro (IFBAGRO.NS), which our model portfolio bought on August 26, is now showing approximately a 7% gain since our entry point two days ago. It is also positioned for a rally to a new 52-week high in the coming days. Finding ANY stock at a new 52-week high right now, while the SENSEX and NIFTY are still trading near their recent lows, would normally be a time-consuming task. But thanks to the DragonScan stock screener, where we simply scanned for relative strength, we were able to quickly and easily locate the strongest stocks in the market, ahead of other traders who still manually look through thousands of stock charts everyday. To start your free 2-week trial membership to the DragonScan stock screener and daily Stock Pick videos, please visit www.dragoncharts.com.

One week ago, we began presenting our members with daily stock picks videos of the Indian share markets, in which we used the DragonScan stock screener to find the best technical chart patterns for potential buy entry of stocks. But just showing you the charts of stocks that are potentially poised to move higher is not enough for a trader to follow. As such, today we have introduced a new format for monitoring and tracking every stock trade discussed in our daily stock pick videos. This video explains the new format for tracking stocks on our Watchlist, as well as stocks that have moved to our Open Positions list. Both free trial and paid members of DragonCharts will receive this daily file directly to your e-mail inboxes, as well as continued video analysis of the hottest stocks.

In this recording of our live September 5 webinar, we demonstrate how the new DragonScan stock screener quickly and easily enables traders and investors of the Indian, Hong Kong, and other Asian stock markets to find the top stocks with the best potential for moving higher. For your free trial, visit DragonCharts.com.

Traded on the National Stock Exchange of India, Gujarat Mineral Development (GMDCLTD) broke out above a base of consolidation last week to close at a new 52-week high. It then formed a “bull flag” pattern for several days, which prompted us to buy it yesterday. Now, the stock is poised for resumption of its breakout and a rally to a fresh new highs. Additionally, our current position in IFB Agro jumped sharply higher yesterday, and the trade is now showing an unrealized gain of more than 11% since our August 26 buy entry. This video analyzes the charts of both stocks, as well as one more stock which we are monitoring for potential buy entry.

Over the past several days, we have had five different Indian shares on our watchlist of stocks exhibiting potential breakout patterns. Now, it appears as if 3 of those stocks are poised to break out and trigger our buy price within the next several days. In this video, we take a technical look at the chart patterns and provide updated trigger prices for buy entry.