Stocks to Buy now in Bse Nse from 26.05.2020
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 May 2020
Stock to Buy 1 : VINYLINDIA (NSE Code) Signal : Higher tops higher bottoms formation. Previous high crossed with very high volume. Buy above : 83.30 Stop Loss : 75 Target : 90 (Short term)
Share to Buy 2 : BALRAMCHIN (NSE Code) Signal : Bullish gap up breakout with higher volume. Buy above : 95.10 Stop Loss : 88 Target : 101 (Short term) Also watch DHAMPURSUG
Shares to Buy 3 : NEOGEN (NSE Code) Signal : Bullish engulfing pattern with higher volume. Buy above : 473.10 Stop Loss : 450 Target : 485 (Short term)
Stock to Buy 4 : APOLLOPIPE (NSE Code) Signal : Bullish engulfing pattern near minor bottom with higher volume. Buy above : 310.65 Stop Loss : 290 Target : 325 (Short term)
Stocks to sell now in India May 2020Stock to sell 1 : IRCTC (NSE Code) Signal : Dark cloud formation. Stiff resistance at 1475 level. Sell below : 1415.65 Stop Loss : 1475 Target : 1350 (Short term)
Stock to sell 2 : QUICKHEAL (NSE Code) Signal : Bearish gap down breakout with higher volume. Sell below : 102.55 Stop Loss : 110 Target : 95 (Short term)
Stock to sell 3 : TCIEXP (NSE Code) Signal : Bell hold pattern near minor bottom with increased volume. Sell below : 529 Stop Loss : 550 Target : 510 (Short term)
Stock to Sell 4 : ADANIPORTS (NSE Code) Signal : Trend reversal pattern formation. Sell below : 306.25 Stop Loss : 320 Target : 290 (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 Truncated week. Only four trading sessions this week
o Technical View: Daily Nifty forms Evening star pattern. Downside most likely.
o Despite RBI and govt intervention, the light is flashing red.
o Maharashtra fixes price cap on private hospitals treating COVID-19 cases
o Extension of EMI moratorium: Be mindful of the high interest burden
o RBI surprise repo cut fails to cheer D-Street, financials take a hit
o Multiplex chain PVR planning rights issue; Warburg Pincus and Multiples PE may participate
o Even if middle seats are kept vacant, necessary social distancing norms will not be met: Hardeep Singh Puri
o FIIs sold equities from 24 sectors in April even as Sensex rallied 14%
o More than 120 stocks with m-cap of over Rs 10,000 crore trade below 200-DMA
o Asymptomatic patients without fever cannot infect others: Health Ministry
o UltraTech Cement posts net profit of Rs 3,243 crore; announces dividend of Rs 13
o Life insurance companies may shut down nearly 1,000 branches to cut costs
o Coronavirus impact: Siyarams to launch anti-viral fabric in market soon
o Bajaj Finance Q4 profit at Rs 948 crore, revenue at Rs 6,302 crore
o Federal Reserve says economic recovery may 'stretch' through end of 2021
o Swiggy lays off 1,100 employees: Full text of company statement
o Diageo mulls delisting United Spirits from bourses