Archive for the ‘Stock Market Trading’ Category

Proud day for Pathfinders Trainings on the day of the biggest upmove in last 10 years. Kishore, a trader with Yogeshwar Sir navigated the market with skill and booked a profit of Rs 3,86,000. His chosen asset class was futures and options and he was using controlled trade strategy in various stocks, Nifty and banknifty. He is trading full time for more than 5 years. To learn to do it yourself click https://www.pathfinderstrainings.com/training/freetrainings.aspx

People ask me a question: Sir, where is the Nifty headed? Will it go back towards 11,500- 11,600 level or will it go down? One thing is a fact that we are in a consolidation period now.
In this video, we will analyze of Nifty Bank, Nifty 50, USDINR; and gold, silver, and crude oil.
The market closed up today. In Nifty, we can see that it is forming a triangular pattern. From the top, there was a downward movement in Nifty, and now there is a consolidation happening at current levels and the market is moving in a range. Normally, this kind of pattern is a continuation pattern where the price is likely to follow the major direction and the major direction at the present scenario is the downward direction. If it breaks down the range and started moving down, then by the year-end, you may see Nifty at 10,000-10,200 level. Right now, Nifty is taking support on the golden Fibonacci level which acts as a very strong support level.


If we look at the bank nifty Index, bank nifty is more expensive than nifty and. Same as Nifty 50, this is also in a consolidated range and once this breaks down the range, then by the year-end, you may see Bank nifty at 24,500-25,000 level. At this point, market is giving us an opportunity to book profits and get out now.


It is very interesting to see the pattern of gold. Gold has done a breakout and if we look at the weekly chart of gold, gold has started giving very early indications that the market is likely to go down. Silver also moved up the same as gold. Crude oil is consolidating and moving down. Further downside is expected in crude oil. If we look at USDINR, it is also consolidating but rupee seems to be becoming weak against the dollar.
If we analyze top ten stocks, we can see that HDFC and Hdfc bank are in up move. Reliance is having a selling pressure, even today it had a selling pressure and if you know candlestick you can see head and shoulder pattern is forming here which is making it more bearish. State Bank of India (SBIN) is in sideways movement. TCS is moving up, but it is a little more expensive. ITC is moving down. Infosys is near the breakout and further money is flowing into it. if you look at the pattern that Infosys is forming is a clear-cut buying pressure. Axis Bank is forming a continuation pattern and you can see the selling pressure in this. Kotak Bank is still looking strong. L&T is having a selling pressure. At this point of time, the top 50 stocks of nifty they are giving some opportunities for buying.


Overall if you look at the market, almost 80% of the stocks are still below the 200-day moving average. This might be a good time start looking for good portfolio stocks in small-caps and mid- caps.


One thing I have to say is, always work with the stop-loss. Make sure, you handle your risk well and don’t take big losses. In pathfinders, we train people to become traders and investors and teach how to create a risk-free at least five percent a month on your capital by using the strategies.
If you are interested, you can attend one of our introductory workshops. You can also coordinate with my team or visit my website https://pathfinderstraining.com/
For any query call +91 9022330008
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Earlier people use to ask me how much more up will the #nifty go and these days the query is if it is going to crash. To know my views watch this video

Call 9022330008 to attend the six month stock market mentoring program starting from Sat 20July19 in Hotel Crowne Plaza Pune or visit https://www.pathfinderstrainings.com/trainingdetail/pune-pathfinders-mentorship-program-of-six-months-for-trader-and-investor-with-live-trading-52.aspx

In this video, Mr. Yogeshwar Vashishtha is analyzing the index nifty and the various sectors of the Indian stock market. For query call 9022330008 or visit our website Pathfinders Stock Market Trainings

Practice makes perfect

Posted: July 13, 2019 in Stock Market Trading

Though an old adage, it applies to trading in the financial markets more aptly than anywhere else.

A boxer spends hours on end punching his sandbag. A batsman spends his time perfecting his shots. An athlete keeps on practicing his skill till it becomes perfect. Each one of these and many more spend a great deal of time and energy in repeating  their craft or art till the effort becomes completely mechanical and like a robot they go about completing the action. Practice has built into their memory such perfection that their skill is manifested with a pristine finesse.

Similar to the above, a trader needs to first educate himself with all the necessary knowledge required to implement and enhance his skill. Time and effort are required to acquire any professional skill and trading is no different.

After completing his education, a trader then goes into the trading arena where he implements his knowledge. With sheer hard work, persistence and patience he is able to identify favourable trade setups. The challenge here for him is to then replicate these setups on a regular basis in order to achieve consistent results.

This consistency can only be achieved if the trader has earlier practiced so much that replicating becomes mechanical and robotic. Like a machine, then, he goes about identifying and executing his trades. Like a machine he then churns out profits and like a machine he creates wealth. No matter what the situation is and no matter how much the pressure, his performance will always remain the same and he will move with grace and perfection.

Practice makes his sub-conscious so competent that hard as he may try, he will not falter or make mistakes. This practice ultimately sets him apart and makes him a professional and an expert.

Good budget with a vision for five trillion dollar economy in a few years. The focus is on transforming rural lives. Water management has taken priority with new jal shakti ministry to ensure water to all. The direct and indirect tax structure have been made user friendly. The focus is on strengthening connectivity and developing infrastructure. Digitization is the key.The expertise India has in space abilities will be harnessed commercially. A new education policy will be revealed which will focus on quality of education on par with international standards. The rural-urban divide has been addressed. Great effort !!

Many of you must be wondering why is your stock portfolio or mutual funds going down when nifty is going up?

Nifty represents only 50 stocks and does not accurately represent the stock market. After scanning NSE stocks it is found that out of 1800 stocks more than 1200 are trading below 200SMA indicating that stock market is in a bearish phase and many of these stocks have corrected more than 50%.

After Mr. Rana exit Yesbank has continuously gone down, breaking one level after another and is currently at 110 on 26may19. There is a 15% mismatch between the balance sheet and the technicals giving it a target of about 130. Buy when bad news come the stock can continue to slide down. The monthly double bottom for this stock is around Rs 60 and it has already touched a low around 90. For a patient investor 75 is a good price to buy !!