Global stock markets: Dow 30, +1.7%; S&P, +1.8%; Nasdaq, +2.3%; Nikkei, +0.5%; Kospi, +0.6%; Hang Seng, +0.8%
Yesterday, Nifty gapped up and trended higher to make an intraday high of 11,578. As the day wore on, Nifty succumbed to selling pressure and quickly lost over 120 points and made an ... Views: 275
Global stock markets: Dow 30, +1.7%; S&P, +1.8%; Nasdaq, +2.3%; Nikkei, +0.5%; Kospi, +0.6%; Hang Seng, +0.8%
Yesterday, Nifty gapped up and trended higher to make an intraday high of 11,578. As the day wore on, Nifty succumbed to selling pressure and quickly lost over 120 points and made an ... Views: 370
It is difficult to identify the start of a major stock market uptrend if you are relying on headlines and news. By the time, reporters figure out what’s going on in the stock market, the best part is over.
At MarketSmith India, we have a defined set of rules to identify the upturn in the ... Views: 389
IPL 2020 began with a bang, and now all cricket enthusiasts are busy talking about their favourite team, player, intriguing statistics, and unique insights from the mega event. The 13th edition of the IPL kicked off on a high with a super-over game in the first week and some brilliant ... Views: 719
In cricket, some players thrive in the fast-paced T20, while others are at their best playing patiently for five days in a test match. In the stock market, some traders brace high risk-reward scenarios prevalent in trading. They are constantly in the thick of things and are required to make ... Views: 358
Global stock markets: Dow 30, -0.5%; S&P, -0.5%; Nasdaq, -0.3%; Nikkei, -0.1%; Hang Seng, +2.1%;
Yesterday, Nifty, after a gap-up opening, found resistance near its 50-DMA. The index traded toward the day's low of 11,181 and closed the volatile trading session near the lower half of the ... Views: 386
Global stock markets: Dow 30, +1.5%; S&P, +1.6%; Nasdaq, +1.9%; Nikkei, -0.2%; Hang Seng, -0.3%; KOSPI, +0.9%
Yesterday, Nifty gapped higher and kept the bullish momentum intact throughout the day. The index formed higher highs in the hourly chart and closed the upward trending session ... Views: 391
Nifty, after a gap-up opening, kept the bullish momentum intact throughout the day. The index formed higher highs in the hourly chart and closed the upward trending session holding solid gains. In the process, Nifty moved closer to its 50-DMA and is just short of 0.7% to reclaim it. Last ... Views: 325
Nifty, after a gap-up opening, kept the bullish momentum intact throughout the day. The index formed higher highs in the hourly chart and closed the upward trending session holding solid gains. In the process, Nifty moved closer to its 50-DMA and is just short of 0.7% to reclaim it. Last ... Views: 307
Global stock markets: Dow 30, -1.9%; S&P, -2.4%; Nasdaq, -3.0%; Nikkei, -0.6%; Hang Seng, -1.5%; KOSPI, -1.8%
Yesterday, Nifty, after a gap-up opening, managed to hold it in the first half of the session. Selling pressure intensified in the second half, with Nifty dropping more than 200 ... Views: 433
At 8:00am IST, the SGX Nifty Futures was trading at 11,293, compared with Nifty’s close of 11,250 Monday.
Market status: Uptrend Under Pressure
Distribution Day Count: Six
Global stock markets: Dow 30, -1.8%; S&P, -1.2%; Nasdaq, -0.1%; Hang Seng, -0.7%; KOSPI, -1.5%
Nifty, after a ... Views: 305
“The safest time to buy an IPO is on the breakout from its first correction and base-building area. Once the new issue has been trading in the market for one, two, or three months or more, you have a valuable price and volume data that you can use to better judge the situation.” – William J. ... Views: 731
Global stock markets: Dow 30, -0.9%; S&P, -1.1%; Nasdaq, -1.1%; Nikkei, +0.2%; Hang Seng, -0.5%; KOSPI, +0.02%
During the last week, Nifty moved in a relatively narrow range compared with the previous weeks. Through the week, it traded near its 21-DMA. On Friday, Nifty opened on a positive ... Views: 269
Nifty, after a gap-down opening, tried to fill the gap in the initial hours and traded toward 11,587. However, the index staged a reversal with intensifying selling pressure and closed near the day's low holding decent loss. Though the index fell more than 0.2%, it escaped a distribution day as ... Views: 308
After a gap up opening, Nifty remained volatile but traded in the narrow range for the majority of trading hours. Later, last hour buying interest from investors helped the index close above 11,500 holding decent gains. Volume was lower compared with the previous session. The action in broader ... Views: 234
Global stock markets: Dow 30, +0.5%; S&P, +0.05%; Nasdaq, -0.6%; Nikkei, +0.7%; Hang Seng, +0.6%; KOSPI, +1.3%
Nifty moved down toward its 50-DMA at the beginning of the last week. However, Thursday’s action helped Nifty reclaim its 21-DMA. On the weekly chart, it found support at its 10-WMA. ... Views: 288
Global stock markets: Dow 30,-1.5%; S&P,-1.8%;Nasdaq,-2.1%;Nikkei, +0.3%; Hang Seng, +0.4%; KOSPI, -0.5%
Yesterday, Nifty gapped higher this morning and remained in positive momentum throughout the session. Volume was lower, compared with the previous session. Nifty reclaimed its 21-DMA and ... Views: 269
“For the best prospects, do a price and volume check of each week within the stock’s base to help you conclude if the stock is showing sound accumulation or too many price and volume defects. Next, do a fundamental analysis checking for excellent earnings, sales, and return on equity.” – William ... Views: 357
Nifty, -0.4%; Sensex, -0.5%; Nifty Midcap, -0.5%; Nifty Smallcap, -1.5%; Model Portfolio, +1.5%
Market Pulse Uptrend Under Pressure
Distribution Day Count: Six
Nifty gapped lower this morning and remained under pressure for the most part of the session. However, last hour buying helped ... Views: 264
Over the last couple of months, we discussed about identifying a correct buy point using common chart pattern/base formation such as cup-with-handle, double bottom, and flat base. Along with the type of base, it is important to understand the stages of base.
Stages begin at one and increase ... Views: 338
Global stock markets: Dow 30,-2.3%; S&P,-2.8%;Nasdaq,-4.8%;Nikkei, -1.6%; Hang Seng, -1.4%; KOSPI, -0.9%
Yesterday, Nifty opened with moderate gains and continued the positive momentum in the first hour, making a high of 11,431. After moving sideways for a while, Nifty dropped 150 points from ... Views: 334
Global stock markets: Nikkei, +0.6%; Hang Seng, +0.3%; KOSPI, +0.7%
Yesterday, Nifty opened with moderate gains but dropped more than 100 points in the first hour itself. It traded in a narrow range during the day. However, good buying in the last hour helped Nifty close 20bps higher. Volume ... Views: 395
Global stock markets: Dow 30, -0.6%; S&P 500, -0.8%; Nasdaq, -1.3%; Nikkei, -0.3%; Hang Seng, +0.1%; KOSPI, +0.5%
Last week, Nifty started on a negative note, fell more than 2.2%. However, it found support at its 21-DMA on Monday. In the next four sessions, the volume of shares traded dried ... Views: 326
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,427, compared with Nifty’s close of 11,528 yesterday.
Market status: Uptrend Under Pressure
Global stock markets: Dow 30, -2.8%; S&P 500, -3.5%; Nasdaq, -5.2%; Nikkei, -1.1%; Hang Seng, -1.4%; KOSPI, ... Views: 767
Global stock markets: Dow 30, +1.6%; S&P 500, +1.5%; Nasdaq, +1%; Nikkei, +1.1%; Hang Seng, +0.3%; KOSPI, +0.4%
Yesterday, Nifty opened on a flat note and traded in both positive and negative territories. In the second half, some buying helped the index close near the day’s high. Volume of ... Views: 711
Nifty opened on a flat note and traded in both positive and negative territories. In the second half, some buying helped the index to close near the day’s high. Volume of shares traded dried up for the two consecutive days. Around 74% of Nifty50 stocks closed in the green, led by Zee ... Views: 293
Global stock markets: Dow 30, +0.8%; S&P 500, +0.8%; Nasdaq, +1.5%; Nikkei, +0.3%; Hang Seng, -0.5%; KOSPI, +0.1%
Yesterday, Nifty opened more than 70 points higher and traded in a zig-zag manner through the session. It traded in a range of about 190 points but closed near its opening. Volume ... Views: 474
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,753, compared with Nifty’s close of 11,647 on Friday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +0.6%; S&P 500, +0.7%; Nasdaq, +0.6%; Nikkei, +1.9%; Hang Seng, +1.4%; KOSPI, +0.3%
During the ... Views: 373
By Marketsmith India
We are familiar with basic terminologies such as the bull market, bear market, and correction. In simple terms, a “bull market” is when the market moves higher and a “bear market” is when the market moves lower. However, one needs to understand that a new follow-through ... Views: 517
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,585, compared with Nifty’s close of 11,549 yesterday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +0.3%; S&P 500, +1%; Nasdaq, +1.7%; Nikkei, -0.5%; Hang Seng, -1%; KOSPI, -1%
Yesterday, Nifty ... Views: 367
Fundamental analysis is the basic premise of gauging the health of a company’s financial position, business model, sustainability, as well as profitability. Therefore, it is important for investors to know the structure of financial statements, and to be able to read them and get meaningful ... Views: 280
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,502, compared with Nifty’s close of 11,466 yesterday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +1.4%; S&P 500, +1%; Nasdaq, +0.6%; Nikkei, +1.6%; Hang Seng, -0.2%; KOSPI, +1.5%
Yesterday, ... Views: 671
Market Preview
At 8:00am IST, the SGX Nifty Futures was trading at 11,409, compared with Nifty’s close of 11,372 Friday.
Market status: Confirmed Uptrend
Global stock markets: Dow 30, +0.7%; S&P 500, +0.3%; Nasdaq, +0.4%; Nikkei, +0.4%; Hang Seng, +1.5%; KOSPI, +1%
Last week, Nifty ... Views: 646
Global stock markets: Dow 30, +1.1%; S&P 500, +1.4%; Nasdaq, +2.1%; KOSPI, +0.5%; Nikkei, +1.7%; Hang Seng, -0.2%
Yesterday, after a gap-down opening, Nifty witnessed buying interest and traded toward the day's high of 11,322 in the first half of the trading session. During the second half, ... Views: 300
These include the idea of buying a stock with its price on the way down so that your average cost goes lower and the notion that you can always make money by buying low, selling high.
Today, the myth that a growth investor should never fall for is the false promise of riches from penny ... Views: 340
“For the best prospects, do a price and volume check of each week within the stock’s base to help you conclude if the stock is showing sound accumulation or too many price and volume defects. Next, do a fundamental analysis checking for excellent earnings, sales, and return on equity.” – William ... Views: 330
With the growing technological advances, there have been various FinTech startups looking to use AI-driven algorithmic trading to help predict the stock market more accurately, William O’Neil India also boasts of having a service dedicated to helping users use algorithmic trading to make great ... Views: 446
A breakout from a base pattern is considered an ideal time to buy a stock. When markets are correcting, three out of four stocks feel the pressure. Even fundamentally strong stocks with good financial strength and growth story fail to deliver results expected of them. So, even when the market ... Views: 483
Let’s start with a little math.
You’ve invested 100 dollars in a stock. The price drops by 10%. You’re now at 90 dollars. To get back to the original price, you need an 11% increase. Let’s consider another situation, the price drop by 50%. The price of the stock is now 50 dollars, and now you ... Views: 399
Before deciding on the strategies that one should incorporate while determining the stocks that they want in their portfolio, we should first know a little about how to analyse the market and what market trends indicate in order to come up with an adequate strategy for deciding your ... Views: 343
While analysing which stocks to invest in, it is important for retail investors to consider both fundamental and technical analysis of the stock. The CANSLIM investment methodology, devised by our founder, William J. O’Neil, does exactly that. While both these aspects are extremely important, ... Views: 353
The COVID-19 pandemic has brought about a lot of uncertainty in the stock market. Stock market predictions have become harder and the market is in a downtrend. Investing in a bear market is a challenge in itself. With the added pressure from the pandemic, many stocks are taking steep dives. In ... Views: 425
As famously quoted by our founder, Mr. William J. O'Neil, "The stock market is not random because strong investor emotions can create trends", we firmly believe that it is not an easy task to pick stocks successfully. There are various methodologies in the market in which one can find, but the ... Views: 383
You’re enjoying your position in a bullish market, but before you know the market goes into a downtrend and you start to incur losses. Stock markets are very volatile, any stock recommendation someone gives you can only be valid for a certain period of time. However, if you keep certain ... Views: 319
Having the right strategy for investment is extremely important if you are looking to stay in the long run. Playing the stock market without a strategy is often thought among investors as a deadly move, as it can result in catastrophic losses with huge repercussions. One needs to have a strategy ... Views: 322
A breakout from a base pattern is considered an ideal time to buy a stock. When markets are correcting, three out of four stocks feel the pressure. Even fundamentally strong stocks with good financial strength and growth story fail to deliver results expected of them. So, even when the market ... Views: 387
For every successful transaction you perform in the equity market, there are 2 steps; the first is to invest in a good stock and the second being to sell the equity in the market at the right time. A lot of amateur investors do this mistake of not paying attention to the second part. It is ... Views: 413
For every successful transaction you perform in the equity market, there are 2 steps; the first is to invest in a good stock and the second being to sell the equity in the market at the right time. A lot of amateur investors do this mistake of not paying attention to the second part. It is ... Views: 442
Over the years, many forms of research and analysis have helped develop different investment strategies. However, many retail investors use intuition and baseless practices, while investing. This can be prove to be harmful. We at William O’Neil India, make use of fundamental analysis and ... Views: 392
Any investing strategy must answer two crucial questions:
What to invest in?
When to invest (and exit)?
The first question pertains to the “Stock Selection” aspect of the strategy, which comprises rules and techniques for “Stock Screening.” The CANSLIM investing system offers such stock ... Views: 411