Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Three Stocks to Park your money Safe

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Based on Coppock Indicator(Long Term Indicator) I has selected three stocks

CIPLA – Rs 240
DABUR – Rs 114
NTPC – Rs 219
as there is a fundamental view that Nifty PE is trading above 20 levels which means that fundamentally Nifty
is overvalued and historical Values Indicates that a massive correction from higher levels in Nifty.Manish Chauhan
in his Smart Investor blog well explains the behavior of Nifty in his  Value Investing by using Nifty PE column.
So Now the Idea of Investors is to Park the money safe rather than getting caught in Overvalued stocks at 
higher levels.
I choose coppock as a value picking indicator regardless of fundamentals.
Coppock Indicator in short
 
 -a long term indicator
 -Value above zero indicates long term bullishness
 – Value below zero indicates long term bearishness
Coppock Indicator for the above three stock has turned nearly to zero. Which Indicates that bull market for these stock
are about to start. If Coppock Indicator Turns above Zero then it indicates Long Term Bullishness
Here are the Coppock Values for the Stocks also 3 years charts presented here with Coppock Indicator
CIPLA –     +9.6(Bull Market)
DABUR –   -3.4(About to start a bull market)
NTPC –      -0.628(About to start a bull market)

Possibly these stocks could be safe to park long term investors money for long term bets.

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Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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