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2 June 2023
Friday
Hesitation has been a feature of this trend and the momentum continues to blow in this manner.
Hesitation has been a feature of this trend and the momentum continues to blow in this manner. However the bullish exuberance continued to extend as the momentum continues to fuel more upside. With no visible sign of reversals emerging the trends could now look to extend as the expiry saw the markets holding on to the gains. All indices seem to be moving ahead and the trends shall now be looking towards the cues emerging from the trends next week.
Stock movements are continuing to thrive and hence its better adopt a mixed approach as we could now be subjected. Similar to last week we are intending to shift to midcap space also as there is considerable movement seen in many names that can be encashed. This week too we have decided to mix up our weekly recommendations and have selected the following stocks for the coming week – AMBUJA CEMENT, SYNGENE, MARUTI and OLECTRA.
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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Dr C K Narayan empowers your investment decisions.
Founder and CEO, Growth Avenues
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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