6th July, 2025
Previous week was eventful with the headline grabbing was Jane Street. Trading firms with crores at their disposal can move the market. Hence, we have to focus on what is within our control – Stop loss.
We have to always be cognizant of the fact that losses have to be small and profits can run. Lets look at Indexes
Nifty
Nifty has broken the range in which it was trading (Blue lines). It would be fair to assume that it can come down to retest 24,500 which was the earlier support. 25,200 will be the first retest, if it does that
Banknifty
Banknifty is strong and it would be prudent to assume that 55,500 would be an area where banking consituents can be looked at
Midcap 100
Midcap space is near its resistance and any drop of 2,000 points would be better to look at strong names
IT
The IT Space is setting up well and there is a probability of IT stocks can do well
Stocks in Focus
Dynamic Cable
The stock is consolidating in a range and on Friday gave a decent closing.
GRM Overseas
This stock is in focus since 2 weeks. Still standing tall
Transrail Lighting
PAT was quite strong and the stock has now went ahead of its IPO listing
Northern Arc Capital
It is also from a <10k Cr. Mcap company. Coming up from a base and standing tall
Other stocks like Pfizer, CESC and Technocraft can be studied
Needless to say, your stop should be decided before you enter and your position size (How much will you buy out of your total capital) will be key differentiator to your wealth creation.
If you are buying/selling stocks basis a rule, you are your fund manager. Your appraisal and feedback will be given by market on a real time basis, unlike the corporates.
Happy Learning!
Seek, Learn, Master