We're finally here! Allstarcharts India is now available to everyone and anyone interested in the share market of India. This has been one of the most incredible experiences of my life - learning about Indian markets, the people and the culture. I am currently here in Delhi and will also be traveling to Mumbai to both celebrate the new launch and to continue my pursuit of knowledge and experience. I will be giving a live presentation at Bloomberg in Mumbai Thursday January 11th and you can register for that here if it's not already filled up.

The New Allstarcharts India can be found at Allstarcharts.in and is now the go-to research platform for anything Indian Securities. I am very lucky that I was able to build a massive global community simply by starting a blog 7 years ago and sharing my ideas on social platforms like Twitter, Stocktwits and LinkedIn. I went from wondering if anyone was listening or whether they even cared, to HODLing as subscribers from all over the world piled in to read my...

We're finally here! Allstarcharts India is now available to everyone and anyone interested in the share market of India. This has been one of the most incredible experiences of my life - learning about Indian markets, the people and the culture. I am currently here in Delhi and will also be traveling to Mumbai to both celebrate the new launch and to continue my pursuit of knowledge and experience. I will be giving a live presentation at Bloomberg in Mumbai Thursday January 11th and you can register for that here if it's not already filled up.

The New Allstarcharts India can be found at Allstarcharts.in and is now the go-to research platform for anything Indian Securities. I am very lucky that I was able to build a massive global community simply by starting a blog 7 years ago and sharing my ideas on social platforms like Twitter, Stocktwits and LinkedIn. I went from wondering if anyone was listening or whether they even cared, to HODLing as subscribers from all over the world piled in to read my...

I finally made it to India! I've been working on coming out here for a long time, but you know, life gets in the way. I've made an effort in the past year to travel, particularly to Asia to learn more about the culture, the people and the financial markets. Since last February I've traveled to Hong Kong, Singapore, Kuala Lumpur, Tokyo, Taipei and Philippines. It's easy for me to give a presentation and talk about what I'm seeing in the market. I've done that pretty much every day for as long as I can remember. Where I win is in the conversations I have prior to my events, and more importantly afterwards over cocktails and delicious food.

To be honest, what inspired me to travel and learn from other markets was India. Long story, but India was the first place I wanted to go to and learn and talk about markets. But as it turned out, it took me longer to get here than I would have wanted. But hey, I'm here now and that's what matters.

So why am in India? Well, the easy answer is why wouldn't I be in India? Have you looked at these markets? They might have more sectors than the United States, but the similarities in Sector Rotation, momentum, relative strength and...

I finally made it to India! I've been working on coming out here for a long time, but you know, life gets in the way. I've made an effort in the past year to travel, particularly to Asia to learn more about the culture, the people and the financial markets. Since last February I've traveled to Hong Kong, Singapore, Kuala Lumpur, Tokyo, Taipei and Philippines. It's easy for me to give a presentation and talk about what I'm seeing in the market. I've done that pretty much every day for as long as I can remember. Where I win is in the conversations I have prior to my events, and more importantly afterwards over cocktails and delicious food.

To be honest, what inspired me to travel and learn from other markets was India. Long story, but India was the first place I wanted to go to and learn and talk about markets. But as it turned out, it took me longer to get here than I would have wanted. But hey, I'm here now and that's what matters.

So why am in India? Well, the easy answer is why wouldn't I be in India? Have you looked at these markets? They might have more sectors than the United States, but the similarities in Sector Rotation, momentum, relative strength and...

While we always incorporate a top/down approach to markets, we ultimately end up with individual stocks ideas with favorable risk vs reward propositions skewed in our favor. That's the point of all this. As you can see here, we first start with the major Indexes, then work our way down to individual sectors and industry groups, and finally to the strongest stocks within the strongest sectors to find buying opportunities.

Today we are looking specifically at the Bank stocks within the NIFTY50 Index. Not all of them are good buying opportunities but there are a handful of them that I think we need to be buying on weakness.

We don't just want to look at one index when we make decisions about the risk appetite for stocks in the current market environment. The idea is to look at all of them collectively. All of the Indexes in India can be found in the Chartbook updated on a regular basis with comments and annotations.

Today I wanted to point out the strength that we're seeing in one Index that stands out compared to what we're seeing in another. The focus of this post is in the value of the NIFTY NEXT 50 compared to just looking at the NIFTY 50 in isolation.

This is a new year with fresh opportunities to buy some things and short others. It's a two way market. Anyone who has been sitting in Gold over the past 4 years is frustrated. If you've been in Gold the past 18 months, it must feel even worse. You could have pretty much bought anything else and done well: Stocks, Energy, Crypto. There is a lot of pent up pressure in the Gold market.

I've been in the camp that Gold has either been a stay away or a short. This has gone on for the past 18 months since our upside targets were hit. It's worked out relatively well for a long time, particularly the stay away from piece of that. The opportunity costs of being involved in this space has been off the charts.

I have to weigh all of the evidence as it comes in and isolate only the best risk vs reward opportunities regardless of the direction. Based on the overwhelming amount of positive momentum in gold, other metals and mining stocks, combined with...

We want to go into 2018 forgetting everything we thought we once knew. The process of approaching every market with an open mind is something that I think is very important. Our goals of profitability need to outweigh any emotions driven by ego.

I've been very critical of Gold, Silver and Precious Metals stocks since the Summer of 2016 when they hit the upside objectives we gave them earlier that year. Since then, it's been a sideways mess, with fast moves lower and abrupt mean reversions higher. These are characteristics of messy markets, not trending ones like U.S. Stocks were for example since, coincidentally (I doubt it) that Summer of 2016.

Today we're going to go over the best risk vs reward propositions in the Gold market as we enter 2018:

Scott Redler has been trading for almost 20 years. He's been through the ups and downs in the market on a daily basis and that is something I have a tremendous amount of respect for. Not many people can say this and still be alive and doing better than ever. I'm happy for him and could not be more thrilled to have him as a guest on the podcast. Today Scott is the Chief Strategic Officer at T3 Live where he gets to trade throughout the day as well as share his ideas...

As many of you already know, I do a lot of work on stock markets all over the world. It's part of my weight-of-the-evidence approach, but it also gives me the opportunity to learn from investors and traders who come from completely different cultures and bring a unique perspective. How else can we learn if not by exposing ourselves to new things?

Recently I was going through my India Nifty workbook where I keep all of my notes on the India Indexes like the NIFTY50, NIFTY500, NIFTY100, NIFTY Mid-caps, etc. It's a very similar workbook to the one I keep for the United States where I include the S&P500, DJIA, Russell2000, etc. I consider all of this to be the "top" of my top/down approach to equities. We start with the indexes, work our way down to the sectors and industry groups and ultimately to the individual stock level.

The NSE, or National Stocks Exchange of India, has this Index that they call the NIFTY NEXT 50. This index represents the next 50 companies that are not part of the NIFTY50, but still within the NIFTY100. What I noticed last week was that the NIFTY50 was hitting our upside objectives, while the NIFTY NEXT 50 was already in the process of...

We want to approach the market from the top/down and look at it from different perspectives. Today I want to point to two indexes in particular that tell two separate stories but each suggests higher prices are coming for stocks in India.

There are many different Indexes representing equities in India and they are each part of a group of stocks that share common characteristics. The idea is to look at all of them and use each one as a piece of a giant puzzle.

Here is a list of trade ideas organized by date, ticker symbol and directional bias. Please make sure you have clicked on the link and read the details surrounding the trade before acting upon any of them. Also, make sure you have checked with your financial advisor and tax accountants to make sure you are suitable to be executing what is discussed on this website. The risk management procedures and targets are detailed for each idea. Please read and review the terms and conditions page before making any trades of your own.