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: 295
“The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you are wrong” – William J. O’Neil, MarketSmith Founder
Whether you are a novice or an experienced investor, everyone makes mistakes from time to time. It is easy ... Views: 281
Weekly Action
Nifty, -9.4%; Sensex, -9.2%; Nifty Midcap, -10.8%; Nifty Smallcap, -13.2%; and Model Portfolio, -10.6%.
Market Pulse: Downtrend
Weekly Market Review
Before we discuss the historic dramatic move of today’s session, let us first reiterate how the week went.
On Monday, ... Views: 390
The art of stock investments in a volatile market can be tricky! However, with the right tools and guidance, you can very soon become a 'pro' investor. Here are the 7 fundamental rules to abide by to successfully sell off the stocks on your portfolio at the right time.
1.Everyone makes ... Views: 345
Today’s Action
Nifty, -5.6%; Sensex, -5.6%; Nifty Midcap, -5.5%; Nifty Smallcap, -6.3%; Model Portfolio, 0%
Daily Market Review
Market Pulse: Downtrend
Nifty opened higher but selling pressure quickly grappled the markets. The index breached the low made on Friday, and is at a new ... Views: 425
Today’s Action
Nifty, +3.9%; Sensex, +4.9%; Nifty Midcap, +3.4%; Nifty Smallcap, +3.2%; Model Portfolio, 0%
Daily Market Review
Market Pulse:Rally Attempt
Nifty extended its gains for the third consecutive trading session and advanced more than 13% after suffering its worst single ... Views: 405
Market status: Confirmed Uptrend
Distribution days: Four
Global stock markets: Dow30, -0.5%; S&P 500, -0.8%; Nasdaq, -1.7; Kospi, +0.2%; Hang Seng, +1.4%; Nikkei, +0.3%
Yesterday, after opening more than 100 points higher, Nifty quickly pared its gains to turn negative for the session. ... Views: 377
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow 30, +1.3%; Nasdaq, +0.9%; S&P 500, +1.1%; Kospi, +0.8%; Nikkei, +2.2%; Shanghai Composite, +1.1%
Last week, Nifty breached its 21-DMA on Thursday after reclaiming it on Monday. Markets were volatile ... Views: 283
Market Pulse: Confirmed Uptrend
Distribution Day Count: Four
Global stock markets: Dow30, +0.4%; S&P 500, +0.8%; Nasdaq,+0.8%; Kospi, +0.4%; Nikkei, -0.6%; Shanghai Composite, +0.2%
Nifty traded in the range of 15,636–15,915 last week. It was volatile but the range was narrow and volume ... Views: 687
Mistakes are plentiful during volatile markets. Avoiding mistakes in a volatile market is essential to ensure to ensure one keeps their hard-earned cash intact.
Buying before a base completes
During the recent volatility, many stocks breached, some pulled back to their respective 50-DMA or ... Views: 332
MarketSmith India Stories 21 May 2021
Bajaj Finserv Ltd stock has broken out of a 10-week, 15% deep Consolidation Base 2-weeks ago. However, the stock is still worth watching as the current price is only 6% away from the ideal buy price of INR 10579.
The key trend lines, 10 and ... Views: 314
MarketSmith India Stories 18 May 2021
Balkrishna Industries stock has cleared a 13-week, 19% deep Cup Without Handle Base this week. Currently, the stock is trading around just 11% away from its ideal buy price of INR 1875. The stock is offering investors an opportunity to get on ... Views: 315
Market Pulse: Confirmed Uptrend
Distribution Day Count:
Nifty50: Three Nifty Midcap100: Two Nifty Smallcap100: Three
Global stock markets: Dow 30, +1.1%; Nasdaq, +0.5%; S&P 500, +0.8%; Nikkei, -0.2%; Kospi, -0.1%; Shanghai Composite, -0.6%.
During last week, Nifty closed higher on ... Views: 823
MarketSmith India Stories
Bharat Electronics stock has broken out of a 9-week, 25% deep Cup Without Handle Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 1% away from the ideal buy price of INR 155.
The ... Views: 339
Market Pulse: Rally Attempt
Global stock markets: Dow30, +0.01%; S&P 500, -0.02%; Nasdaq, -0.3%; Nikkei, +0.4%; Kospi, -0.9%
Nifty opened flat yesterday, gradually moved higher, and closed near the day’s high. As gains were less than 1.5%, we did not consider it a follow-through day. Note ... Views: 301
At 8:00 am IST, SGX Nifty Futures was trading at 15,342, compared with Nifty close of 15,302 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.03%; S&P 500, +0.2%; Nasdaq, +0.6%; Kospi, -0.7%; Nikkei, -0.7%; Shanghai Composite, ... Views: 272
At 8:00 am IST, SGX Nifty Futures was trading at 15,342, compared with Nifty close of 15,302 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.03%; S&P 500, +0.2%; Nasdaq, +0.6%; Kospi, -0.7%; Nikkei, -0.7%; Shanghai Composite, ... Views: 370
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Nifty after a flat opening witnessed strong buying interest from investors throughout the day. It formed higher highs and higher lows in the hourly chart and closed 0.5% higher. In the process, the index hit a fresh high. Volume ... Views: 402
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: 365
The ‘N’ in the CAN SLIM canslimStory strategy stands for either a ‘New Product,’ ‘New Management,’ ‘New High,’ or any other new factor, which could positively change the operating environment for the stock and ultimately drives its price into newer realms.
Contrary to conventional wisdom, ... Views: 425
“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: 382
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: 552
Indian benchmark indices may open on a flat note today. At 8:15 am IST, SGX Nifty Futures was trading at 16,660, compared with Nifty’s close of 16,634 yesterday, indicating a flat to positive opening for the bourses.
Nifty Futures – LTP 16,596
After a gap down open on last Friday, Nifty ... Views: 443
We all know the importance of market status in determining an investor’s stance in the CANSLIM style. It not only helps you realize gains by being aggressive when the risk is minimal but also protects you from unwarranted risks of markets.
When the market is in a Confirmed Uptrend, it is the ... Views: 390
MarketSmith India Stories 24 May 2021
Divi's Lab stock has broken out of a 13-week, 19% deep Double Bottom Base 4-weeks ago. However, the stock is still worth watching as the current price is only 3% away from the ideal buy price of INR 3888.
The key trend lines, 10 and 40-week ... Views: 303
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow30, +0.2%; S&P500, -0.1%; Nasdaq, -0.2%; Nikkei, +0.7%; Kospi, +0.1%; Hang Seng, +0.1%
Last week, Nifty continued its momentum and hit a new high for three consecutive days. However, on Thursday, the ... Views: 378
India’s Finance Minister Nirmala Sitharaman announced slew of measures to revive the Indian economy, which has been hit by the second wave of the COVID-19 pandemic.
Here are the key measures the finance minister (FM) announced today:
A guarantee scheme of Rs 1.1 lakh crore has been ... Views: 367
India’s Finance Minister Nirmala Sitharaman announced slew of measures to revive the Indian economy, which has been hit by the second wave of the COVID-19 pandemic.
Here are the key measures the finance minister (FM) announced today:
•A guarantee scheme of Rs 1.1 lakh crore has been ... Views: 353
MarketSmith India Stories 21 May 2021
Gail (India) Ltd stock has cleared a 9-week, 19% deep Cup Without Handle Base this week. Currently, the stock is trading around just -6% away from its ideal buy price of INR 158. The stock is offering investors an opportunity to get on board at ... Views: 315
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow 30, -2.0%; Nasdaq, -1.1%; S&P 500, -1.5%; Kospi, -0.5%; Nikkei, -0.4%; Shanghai Composite, -0.6%
Yesterday, Nifty made a gap down opening of more than 170 points and closed the day significantly ... Views: 386
At 8:15 am IST, SGX Nifty Futures was trading at 15,909, compared with Nifty’s close of 15,773 yesterday.
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +0.2%; S&P 500, +0.5%; Nasdaq, +0.8%; Kospi, +0.4%; Nikkei, +0.04%; Shanghai Composite, ... Views: 326
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: 385
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: 287
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 293
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 308
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 393
MarketSmith India Stories
Godrej Industries stock has broken out of a 5-week, 11% deep Flat Base 2-weeks ago. However, the stock is still offering investors an opportunity to get on board as the current price is only 0% away from the ideal buy price of INR 555.
In the last twelve ... Views: 417
Market status: Uptrend Under Pressure
Distribution days: Six
Global stock markets: Dow30, +0.3%; S&P 500, -0.1%; Nasdaq, -0.6%; Nikkei, -0.1%; Hang Seng, +0.8%; Kospi, +0.9%
Last week, after muted action for a couple of days, Nifty was down around 500 points on Wednesday and Thursday, ... Views: 365
Market status: Confirmed Uptrend
Distribution days: Three
Global stock markets: Dow 30, -0.03%; S&P 500, +0.2%; Nasdaq, +0.4%; Nikkei, +1.5%; Hang Seng, +0.3%; Kospi, +0.1%
Yesterday, Nifty gapped-up at a record high of 14,639 and made a new ATH of 14,653 intraday. However, it quickly ... Views: 450
Market status: Downtrend
Global stock markets: Dow30, -0.9%; S&P 500, -0.9%; Nasdaq, -0.9%; Nikkei, -0.7%; Kospi, +0.1%
Yesterday, Nifty started the session on a negative note and made an intraday low of 14,151 within the first minute. But as the session progressed, it turned into positive ... Views: 276
Market Pulse: Confirmed Uptrend
Distribution Day Count: Three
Global stock markets: Dow30, +1%; S&P 500, +0.6%; Nasdaq, +0.7%; Kospi, +0.7%; Nikkei, +0.7%; Shanghai Composite, +0.5%
Yesterday, Nifty gapped up by almost 60 points. It crawled higher and moved above 15,800. However, the ... Views: 392
Yesterday, Nifty opened lower but rebounded quickly and gained almost 100 points from low. It gained more strength as the day wore on and made a high of 11,950. However, due to some selling pressure, Nifty closed below 11,900. Nifty is trading 3.7% and 11% above is 50- and 200-DMA, ... Views: 397
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: 404
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: 384
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: 476
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: 439
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: 473
“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: 775
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: 439
We all know the significance of market status in determining an investor’s stance in the CANSLIM style. It not only helps you realize gains by being aggressive when the risk is low but also protects you from unwarranted risks in markets.
When the market is in a Confirmed Uptrend, it is the best ... Views: 365