Saturday, November 10, 2018

Nov 12th Week Start initial prediction.

1. Nifty is preparing for a direction change. We probably have peaked for the month. Monday Nov 12th is a minor buy and the whole week after that is a hold for a direction change. The new direction is most probably to the down.
2. CoalIndia as said in last post is heading for a fall. It still shows a Monday hold and Weekly fall. I have exited half on Friday and will wait for now.
3. ITC is a sell on Monday but is a weekly buy. But as stated before is a long term sell till year end.
4. TCS show some strength this week but has a multi week weakness.
5. Tatamotors is heading for a turn around to the way up. My Nov 1st buy from 179 was nice and now at 195. Its a small buy now but no strong buy yet.
6. Cosmofilms shows weekly weakness. Possible trend change on Monday. Longer term buy.
7. Deepind is reaching a localized high. Should fall this week and going forward to a low. But still has a rising trend by end of December.
8. Dhampursug shows weekly sell but Monday buy.
9. HDFCBank is a sell.
10. Navkarcorp shows signs of turning around and probably has bottomed. But wait to see confirmation.
11. Hindustan Media HMVL is bottoming. Waiting for a confirmation of moving up.

No comments:

Post a Comment