Stocks to Buy now in Bse Nse from 03.08.2020
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 August 2020
Stock to Buy 1 : TORNTPHARM (NSE Code) Signal : Bullish gap up breakout. Double tops crossed with higher volume. Buy Above : 2676.70 Stop Loss : 2602.30 Target : 2715.65 (Short term)
Share to Buy 2 : DALBHARAT (NSE Code) Signal : Bullish gap up breakout after consolidation near minor top. Buy Above : 763.15 Stop Loss : 729.35 Target : 790.60 (Short term)
Shares to Buy 3 : EVEREADY (NSE Code) Signal : Bullish gapup breakout after consolidation near minor top. Buy Above : 132.25 Stop Loss : 118.35 Target : 143.95 (Short term)
Stock to Buy 4 : NEULANDLAB (NSE Code) Signal : Likely to cross near term long term double tops with higher volume. Buy Above : 784 Stop Loss : 749.75 Target : 811.85 (Short term)
Stock to Buy 5 : QUESS (NSE Code) Signal : Bullish marubozu pattern formation near minor top. Buy Above : 370.55 Stop Loss : 347.05 Target : 389.85 (Short term)
Stock to Buy 6 : AARTIIND (NSE Code) Signal : Bullish engulfing pattern near minor top with higher volume. Buy Above : 992.25 Stop Loss : 953.75 Target : 1023.50 (Short term)
Stock to Buy 7 : GLENMARK (NSE Code) Signal : Previous tops crossed after steep fall. Buy Above : 456.90 Stop Loss : 430.80 Target : 478.30 (Short term)
Stocks to sell now in India August 2020Stock to sell 1 : CHOLAHLDNG (NSE Code) Signal : Bearish engulfing pattern near minor top with higher volume. Sell Below : 328.50 Stop Loss : 351.40 Target : 310.80 (Short term)
Stock to sell 2 : APCOTEXIND (NSE Code) Signal : Gap down breakout, double bottoms breached with higher volume. Sell Below : 112.90 Stop Loss : 126.50 Target : 102.55 (Short term)
Stock to sell 3 : PNCINFRA (NSE Code) Signal : 13 days DMA curve breached with increased volume. Sell Below : 132.25 Stop Loss : 146.95 Target : 121.05 (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 daily likely to breach 11000 level
o TECHNICAL VIEW : NIFTY daily finds itself difficult to cross 11350 level
o TECHNICAL VIEW : NIFTY weekly forms dark cloud pattern near minor top
o Closing Bell: Nifty ends below 11,100, Sensex falls 129 pts; pharma stocks outperform
o Tata Motors reports Q1 loss of Rs 8,434 crore, revenue falls to Rs 31,983.1 crore
o The stock gained 38 percent during June quarter following recovery in equity markets and value buying due to sharp fall in March crash.
o Investors abandon mutual funds, flock to stocks and ETFs in July
o SBI Q1 profit up 81% to Rs 4,189.34 crore, asset quality improves
o Sun Pharma posts Q1 loss of Rs 2,426 crore, but operating numbers beat estimates
o IOC misses Street estimates, reports 47% YoY fall in Q1 net profit
o HDFC Q1 profit at Rs 3,051.5 crore; net interest income at Rs 3,392 crore
o Motilal Oswal AMC’s CEO Aashish Somaiyaa resigns after 7 year stint: Sources
o IndiGo operator InterGlobe reports Rs 2,844.3 crore loss in Q1
o Maruti Suzuki posts Q1 loss of Rs 249.4 crore, revenue plunges 79% due to lockdown
o With only 2% of passenger trains running, Indian Railways’ July earnings down to a tenth of last year
o IndusInd Bank Q1 profit tanks 68% to Rs 461 crore as provisions spike 5-fold
o Tech Mahindra Q1 profit jumps 21% to Rs 972 crore, revenue falls but beats estimates