Equity as an Asset Class

Equity as an asset class is no more a choice. If you want your investments to reap positive returns, equity is one of few alternatives available.
The choice can be whether you are long term equity investor, indirectly investing in equities through Mutual Fund route or trading in equities for short term.
Whatever the case may be, you need to have know how of equity investing. If you do not know this route- don't avoid. Learn and seek advise.
One can start with reading simple books like

Intelligent Stock Market Investing Handbook by N J Yasaswy or

Fundamental Analysis for Investors by Raghu Palat

Traders can take alternate route by learning Technical Analysis. A powerful way of understanding market behavior and analyzing the stock movement.

 Training Program on Equity/Currency/Commodity using Technical Analysis for Beginners on 11 and 12 April. For more details visit us at http://www.bonvista.in

Market commentary for 31 March 2015

The support area I had mentioned in my last weekly blog is nicely held by Nifty. As a result we have seen a upward rally of 150 points yesterday. Markets may remain upwardly biased for next 2-3 trading session.
For today Nifty may continue upward move. It has first hurdle (resistance) at 8550-8630. For today's trading session traders can take Long Trades.
Pick of the day- Buy COLPAL near 2022 for target of 2035. Maintain stoploss 2000.

Training Program on Equity/Currency/Commodity using Technical Analysis for Beginners on 11 and 12 April. For more details visit us at http://www.bonvista.in

Stock Market Training using Technical Analysis

New to Stock Market? Wondering how Share markets work? Want to learn reading çharts? Wish to take your own buy/sell decisions? Want to create second income source from share trading /investing? Join 2 days Training Program on Equity / Commodity / Currency using Technical Analysis. Training Date: 11 & 12 Apr Venue: Nashik For more details Call us on 02532317777 or 982344875 Visit us at www.bonvista.in

NIFTY View For Week 30 March-3 April 

Read this report on our website Bonvista Financial Planners 

Last 8 trading sessions Nifty has closed in red. Markets are discounting the good news but are reacting to bad news.  On Thursday Nifty reacted to the news of increasing Crude Price and fell by almost 200 points in single day. Our support is nicely held by Nifty. 

 Technical Overview: Last week Nifty made high of 8627 and low of 8269. A range of almost 360 points. This is huge range. The weekly chart has closed with big red candle. This is suggesting that markets will trade in pressure for some days to come. Markets go through periods of expansion and consolidation. The period gone by is downward expansion. We may expect some consolidation in the form of a pull back in week to come. Markets may trade with positive bias in coming week. You might have noticed that markets have reached our support area. Short term traders can enter in some long trades but with strict stoploss. However this small upward movement may not be taken as uptrend. Medium term traders can sell on rise.  

Our support of 8326-8236 remains intact. Next support is at 8155-8060. New resistance is formed at 8550-8630.                                         

 Short Term (Few days to  a Week) : On hourly chart Nifty is showing some symptoms of recovery. Short term aggressive traders may buy Nifty at current level for target of 100 points 

Medium Term (Few weeks to a month): Medium term traders may sell Nifty near resistance of 8550. This trade has potential to give a target of 200-250 points. 

Long Term (Few months to Year): Long term investors must not confuse this downtrend with the bear market. This can just a correction in Nifty and can last little longer. Long term investors should use this opportunity to accumulate good stocks.                                          

 

View on important Sectorial Indices: 

Bank Nifty has moved below its support last week. But it has show good recovery on last trading day of the week. We can expect a good bounce in Bank Nifty and Banking stocks in coming week. Overall sentiments remains negative.  

CNX IT may show some consolidation in coming week                                                                                

To receive this Newsletter by email drop us a mail on bonvistaplanners@gmail.com   

For coming Week Bonvista Financial Planners Recommends: 

Last week Target achieved in COLPAL and  HAVELLS and Stop-loss triggered in AUROPHARMA. Total Profit 9,500. 

ARVIND (Buy): Buy ARVIND near 263 for a target of 273. Maintain stop loss at 258 

ICICIBANK (Buy): Buy ICICIBANK near 214.5 for a target of 325. Maintain stop loss at 308 

SIMEMENS (Buy): Buy SIEMENS near 1381 for target of 1396. Maintain stop loss at 1430 

Above prices are spot prices and profit/loss calculated with 1 Futures lot   

For any clarifications on these recommendations , you may mail us on bonvistaplanners@gmail.com 

I am discontinuing Learning Curve in this article. However the same will be continued in a separate post on my Blog. Keep watching this space (My Blog- http://bonvistaplanners.blogspot.in/) 

For any clarifications on these recommendations , you may mail us on bonvistaplanners@gmail.com

Trade That Made Bucks

Symbol	Lot Size	Trade Type	Entry Price	Stop-loss	Target	Risk Reward Ratio	Result	Profit
LICHSGFIN	1000	SHORT	474.5	478	455	1:5.57	Profit Booked	19500