How To Find The Best Indian Shares To Buy Now

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Do you trade the Indian share markets? If so, please take a few minutes to read this entire blog post to find out how Morpheus can now help you profit from trading and investing in Indian stocks.

Since 2002, Morpheus has been helping thousands of traders to profit from its popular Wagner Daily newsletter for the American stock markets.

Now, you too can take advantage of the same quality share market analysis and stock picks with The Indian Investor, our new weekly newsletter specifically focused on Indian shares traded on the NSE (National Stock Exchange of India).

What Is It?

The Indian Investor specifically targets NSE stocks that are outperforming 85% of all other stocks. We find these hot stocks using our proprietary relative strength formula, which measures share performance over a six to twelve month period. The weekly report is focused on swing trading NSE stocks in a strong uptrend that are currently trading at or near 52-week highs.

How Does It Work?

The holding period on the Indian shares we trade in our model portfolio depends on the strength of price and volume action, but the average holding period is 2 to 4 weeks. Stocks that exhibit a stronger trend may be held longer.

All entries are based on stocks that are emerging or have already broken out from a valid basing pattern, which we define as a bullish consolidation of 4 or more weeks in length. Most bases we trade are 5 to 7 weeks in length or longer.

What Does It Look Like?

Below is an actual sample of The Indian Investor newsletter that was recently sent to subscribers.

Please read the report below to see how you will profit from our expert technical analysis of the best NSE shares to buy:



The Indian Investor
June 20, 2016

NIFTY market timing: BUY mode

todays watchlist

The NIFTY 50 sold off to the 20-day exponential moving average (EMA) early last week, which was mentioned as support level #1 in last week’s report. The price drifted higher into the declining 10-day MA by last week’s close, but in the short-term, the sharp selloff could lead to further selling if support at the 8070 level does not hold.

A break of the 20-day EMA should put active swing traders in more of a defensive mode, meaning to cut back on trading new stocks until the market is able to find some traction.

A break of the 8070 level would increase the odds of a pullback to a very strong support level around 8000. The weekly chart below shows support from prior swing highs and the rising 10-week moving average.



Both long setups last week in WONDERLA and IGL triggered. $IGL broke out on heavy volume, and should continue to work its way higher after a short break. However, if market conditions weaken, a return to the 590 area is possible.

WONDERLA cleared 400, but did so without a pick up in volume. Aggressive traders may want to sell partial size due to the lack of volume to confirm the entry point. One could also set a stop below the two-day low 390 for partial size or the entire position since the volume was weak. The 374.49 stop is still good as well for those who want to give the stock a little breathing room.

We have one new buy setup in this week’s report, which is a breakout entry in RAMKY.

RAMKY recently broke a 5 year long downtrend line in February of this year on heavy volume, which is best viewed on a monthly chart. The chart below is a daily chart, detailing the bullish cup with handle pattern that is forming.

The cup with handle pattern is a bullish basing pattern that usually forms after a strong uptrend. The rise from 40 to 80 the past few months would certainly qualify as a strong trend.

The pattern is currently forming the handle portion, which began on June 1 and bounced off rising 20-day EMA around 66 two weeks ago.

The buy entry is over the two-day high, with a fairly tight stop just below 70. Due to this stocks volatility, the position size should be a bit smaller, as a fairly tight stop is about 10% away. A tight stop can usually be described as one that is 3% away, with normal stops in the 5-7% area. Any stop at 10% or more, usually tells us that the stock is volatile, which means that the share size and risk should be reduced. For example, if you risk 1% on past trades, risk maybe 0.5% on this trade.


todays watchlist

I hope you found the above report useful, as it is an actual example of what you will receiving each week with The Indian Investor.

Every Indian stock we trade will have a preset entry and exit price, as well as a potential target area if one applies. If a share is trading at a new all-time high, then no target will be listed because we let the price action tell us when to exit.

Join Us

For a limited-time only, we are offering The Indian Investor FREE to new subscribers. 

So if you trade the Indian share markets, do yourself a favor and sign up now to receive future weekly NSE share analysis now.

Each weekly report is emailed to you every Sunday evening (Bombay time), so that you have time to prepare for each new trading week ahead.

We want to hear what YOU think of our new service, so that we may work hard to adjust the service to properly meet your needs.

We hope you will join us in profiting from the top Indian share picks!

If you have any questions or comments, please just drop us a comment below.

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3 comments on “How To Find The Best Indian Shares To Buy Now

  1. What are the bank shares that one can invest in right now? If we look at the market statistics for April 2016, ICICI BANK and SBI stocks fared rather well and were highly recommended by several online as well as offline market portals. Though this research work and selection of the right time is difficult but if done wisely will help you reap good benefits. To know more, please visit and gain your knowledge here –

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