MARKET UPDATES 25TH MAY

This coronavirus had really affected the stock market. Currently Nifty is majorly affected due to banking. So friends stay away from banking stocks. So where to invest? becomes a big question. So let's just simplify this question.

In 2008, there was a recession in global markets. At that time Nifty fell from 6300 to 2500 but there were some stocks which were making Higher highs and then they became the leader of the next bull market. (eg. HeroMoto).

So now the answer becomes more simple right.

Let's dig down more. So as we can see there is a trend line breakout. So this line was the support from 2009 till now and now it had broke which means there is a big problem and we can enter into a Bear Market (Downtrend).

It's the perfect time not to fear but to invest 20-30% of your portfolio in some stocks which are making Higher Highs and showing speedy recovery. Last week I made 3% of my portfolio by investing in Bharti Airtel, Torrent Pharma (In bank it will take around 6 months to achieve 3%), with proper knowledge of the market and balancing Risk to Reward ratio, we can earn decently.

This week I have spotted some stocks. There are chances of small upside move but don't be too bullish, because, in Bear Markets, Bulls cannot be greedy only they can do is a fearful investment and become greedy while making short positions (Short Selling whenever bounce comes).

So this week, I will be bullish on Pharma Stocks.
I have a position in Torrent Pharma ( Target - 2700))

Aurobindo pharma (Target - 800)

This stock has recovered more than 100% from the previous fall and now showing Higher Highs so wait for the right opportunity and invest properly. Also, be careful as there is Reverse Divergence in it so be careful but on the other hand, trend is up.

Here comes the Most Bullish Stock
Bharti Airtel (Target - 750)

Also, you can look for Cipla as it is also showing some bullish signal and broke a sideways trendline. Escorts is also bullish having (Target of 1050)