Below is the detailed analysis on stocks that helped me win yet another Bull’s Eye trade show on CNBC Tv18. And yes, this is the 3rd consecutive win in a row when all the other contestants were negative I managed to gain more than 4.69% in a week.
9th March trades: Stock tips – Buy: Castrol India, Trent, Mastek Short: BEML
Nifty had been in a downtrend but I follow Time cycles very closely and that indicated that a low is probably in on Nifty on 8th March 2018. This was the reason why I selected buy calls more than the sell calls. Also since the momentum was yet to build on upside it was better to short the underperforming stock that was falling even when Nifty moved sideways. So BEML was given short. IT cycle had turn and Mastek rallied by more than 8% and BEML had a serious selloff of more than 7% that helped to gain substantially.
8th March trades: Stock tips – Buy: Mastek, FDC, NIIT Tech Short: HDIL
This was the cycle day and so I have been bullish on the stocks that were outperforming. At the same time HDIL gave a very strong negative breakdown and so we went long on IT stocks like Mastek and NIIT and short on HDIL. On same day HDIL was down by nearly 8% IT indeed outperformed.
7th March trades: Stock tips – Buy: Bajaj Electricals, Bombay Dyeing, GSS Infotech Short- Balrampur Chini
This was also an amazing trade calls as GSS Infotech was up by 7% to 8% and at the same time Balrampur Chini was down by more than 8%. Other stocks didn’t perform well but the stop was always in the range of 2.5% to 3% whereas the targets were higher so even if the accuracy was 50% on net basis we made money.
6th March trades: Stock tips – Buy: Mindtree, Tech Mahindra, Thomas Cook, V-mart Retail.
V-mart retail was the key stock I identified based on strong momentum and reversal from important support levels. Also the overall trend I was expecting sideways on Nifty but it moved lower. But despite of that the stocks given moved sideways and helped to stabilize the overall portfolio
5th March Trades: Buy First Source, Godrej Agrovet, IDBI, Thermax
IDBI was the key bet as this PSU bank did not move lower along with other banking stocks that were capitulating. IDBI was up by more than 7% on same day and Godrej Agrovet also went in favour. So even when Nifty outlook was sideways to negative I preferred buying as chances of those stocks opening lower and then gaining during the day was higher.
In a nutshell, this was yet another consecutive win on CNBC TV18 and 3rd time in a row. We are using similar methods to generate intraday calls for our Intraday / Positional advisory services.
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