Stocks to Buy now in Bse Nse from 26.10.2020
Shares to buy now tips are based on technical analysis of stocks performed using our software StocktechTM and for positional trading as short or long term investments. All our Stock to buy tips are supported with Technical Patterns and indicators which gives you more freedom to make your decision for profitable trading of stocks in Nse. Become a technical analyst on your own by using our Stock charting Software StocktechTM.
Shares to Buy Tips for Short Term or Long Term Investment
Strategy for all investments: Follow Bottom Up approach which means buy only on declines. Do not buy on up move. Buy only small lots. For example : If you have money to buy 100 stocks buy only 50. Buy next 50 after a decent fall. Don't be over enthusiastic to buy. Hesitate to buy. Keep strict stop loss which means do not buy at that level if you have not bought already. If you have bought already book loss and get out of the stock.
Stocks to Buy now in India October 2020
Stock to Buy 1 : GODREJPROP (NSE Code) Signal : Consolidating near minor top. Pennant breakout expected any time. Buy Above : 1048.15 Stop Loss : 1008.55 Target : 1080.25 (Short term)
Share to Buy 2 : CDSL (NSE Code) Signal : Second attempt bullish breakout expected soon. Buy Above : 462.25 Stop Loss : 456.90 Target : 483.70 (Short term)
Shares to Buy 3 : HDFC (NSE Code) Signal : Higher tops, higher bottoms formation near minor top. Buy Above : 2070.25 Stop Loss : 2014.80 Target : 2114.95 (Short term)
Stock to Buy 4 : DCAL (NSE Code) Signal : Bullish engulfing candle pattern with higher volume. Buy Above : 169 Stop Loss : 153.20 Target : 182.15 (Short term)
Stock to Buy 5 : JMFINANCIL (NSE Code) Signal : Double tops crossed with higher volume. Sell Below : 81.00 Stop Loss : 70.20 Target : 90.20 (Short term)
Stock to Buy 6 : EVEREADY (NSE Code) Signal : Spinning top formation in a bullish channel pattern indicating support at the bottom. Buy Above : 135.15 Stop Loss : 121.05 Target : 146.95 (Short term)
Stocks to sell now in India October 2020
Stock to sell 1 : SBICARD (NSE Code) Signal : Multiple bottoms breached with higher volume. Sell Below : 805.15 Stop Loss : 840.60 Target : 777.40 (Short term)
Stock to sell 2 : MAHEPC (NSE Code) Signal : Previous bottom breached with higher volume. Sell Below : 156.25 Stop Loss : 172.20 Target : 144.05 (Short term)
Stock to sell 3 : ULTRACEMCO (NSE Code) Signal : Trend reversal pattern, previous bottom breached. Sell Below : 4489 Stop Loss : 4570.85 Target : 4424.45 (Short term)
Stock to Sell 4 : SUPREMEIND (NSE Code) Signal : Bearish bellhold pattern near minor top. Sell Below : 1415.65 Stop Loss : 1462.35 Target : 1378.95 (Short term)
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Best Trading Strategies for Short or Long Term investments in Stock market
o Strictly adhere to Stop loss.
o Before entering in to trade analyse stocks on the basis of Technical indicators like moving average, Trend line, Trend Channel Patterns, Engulfing, doji, Breakout, Oscillator etc and don't Trade against the trend.
o When people are selling be a buyer. When people are buying be a seller.
o Avoid purchase of stocks when market value of that stock crash.
o Stop loss & Exit to be decided before entering in to the trade.
o Do not have any sentimental attachment with any stock.
o Periodic Profit booking to be done by selling and re-purchase of stocks.
o Do not over trade. Trade only up to 50 % of your Trading capital.
o Do not trade on the basis of rumours.
o It is better to follow Monthly stop loss and stop loss or trade.
o Do not keep all your stock holdings in same sector,distribute your investment to various sectors ie. Diversification of investment to be done.
o Do not invest more than 10% value of your Trading capital in any single stock.
o Buy the stocks whenever there is some bad news and sell the stocks whenever there is good news.
Stock News for the week
o Technical View: Nifty Weekly forms spinning top candle after steep rise
o Technical View: Nifty daily consolidating at 11,900 level
o Taking Stock: Nifty ends above 11,900 in rangebound trading; auto stocks zoom
o Tech Mahindra Q2 beats estimates with profit at Rs 1,065 crore; declares dividend
o IDBI Bank reports profit in Q2 at Rs 324 crore as provisions decline significantly
o Burger King India files IPO papers with Sebi, fresh issue size increased to Rs 542 crore
o Kapil Dev undergoes angioplasty after suffering heart attack
o Equitas Small Finance Bank subscribed 2 times on final day, QIB portion 4 times
o Asian Paints Q2 earnings beat estimates, profit rises 1.2% with double-digit volume growth in decorative business
o Deutsche Bank in talks to sell IT unit as it trims staff, TCS in fray
o ONGC wins 7 oil blocks, Oil India 4 in latest bid round
o Apple, Amazon, Microsoft, Google and Samsung are among the most valuable brands of 2020: Report
o Seven out of 28 Tata Group stocks surge over 100% in less than seven months
o Bajaj Finance Q2 profit declines 36% to Rs 965 crore, NII growth beats estimates at 4%CO
o Rakesh Jhunjhunwala cuts stake in Escorts to 5.64%; shares slip in trade
o SBI home loan festive offers: Bank extends up to 25 bps interest concession, additional benefits for women
o FMCG giant HUL's Q2 profit rises 8.7% to Rs 2,009 crore
o Kalyan Jewellers gets SEBI's go-ahead to float Rs 1,750 crore IPO
o ACC Q3 is a hit; 20% YoY jump in profit, beats market estimates on most fronts
o LIC raises stake in Kotak Mahindra Bank to 3.18%