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6 January 2023
Friday
Global cues took centrestage as they dealt a mighty blow to shake up the markets across the globe.
Global cues took centrestage as they dealt a mighty blow to shake up the markets across the globe. As we collect the broken pieces and frame our next approach we are encountering challenges of a different nature. Against this backdrop India has been performing quite well but its effort is undermined by these developments. A new perspective to analyse the trends is emerging in the coming week.
Stocks continue to emit mixed response as the broader indices have all been trampled by the bears. Sector specific movement shall be the order of the day and we should now be looking at how the markets are going to react to some whiff of positive news that has appeared at the end of a painful decline. We have considered – HAVELLS, GODREJCP, PIIND and MPHASIS.
Winning the market is creating the right combination of information, preparation and action.
Dr C K Narayan is an advisory that equips subscribers with right information, analysis, updates and recommendations to enable high returns.
C K Narayan will identify trading opportunities with prospect of high potential in stocks, stock futures and options, index futures and options. This service will also highlight profitable tradable situations in the Currency and Commodity markets. The trading calls and follow up calls will be rendered through SMS for timely action.
Follow up SMS may be sent if and when there is any change in the advised content of earlier messages. (The SMS will mention entry price range, stop loss levels and the expected target zones)
The weekly roundup report will provide detailed insights on the current and future market trends. It will outline the trading opportunities in the week ahead.
A typical newsletter from the Research Analyst - Mr. C.K. Narayan will contain the following
Market analysis: The index column will give a detailed outlook on Nifty and Nifty Futures and the broader market trend. It will detail the important technical levels that traders should pay attention to in the following week while keeping the larger perspective in view.
Stock watch: Stock Watch column analyses investment prospects in stocks, stock futures and options for the following week.
Commodity & Currency watch: This section will give you a perspective on global news and events that impact the commodity and currency markets and will identify trading opportunities within them.
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His varied business experience from smallest retail client to large FII clients gives him unique insights into the workings of the market. His views are much sought after and he has been featured as an expert market commentator on television and print media. He has also trained thousands of technical analysts across the country.
In his analysis services, Dr C K Narayan uses a unique combination of simple trend following techniques as well as the complex world of Gann and Elliot wave methods in addition to using trading systems created from proprietary algorithms.
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