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Market View 27/05/2009
Posted by : The King on Tuesday, May 26, 2009 | Labels: BSE, Market Strategy, Market View, NSE | 1 Comments
Markt View 26/05/2009
Posted by : The King on Monday, May 25, 2009 | Labels: Market Strategy, Market View | 0 Comments
Market View 25/05/2009
Posted by : The King on Sunday, May 24, 2009 | Labels: Market Strategy, Market View | 0 Comments
NSE&BSE Market View 22/05/2009
Posted by : The King on Thursday, May 21, 2009 | Labels: BSE, Market Strategy, Market View, NSE | 0 Comments
NSE&BSE Market View 20/05/2009
Posted by : The King on Tuesday, May 19, 2009 | Labels: Market Strategy, Market View | 0 Comments
Market View 19/05/2009
"Our favorite holding period is forever" -Warren Buffet.
Posted by : The King on Monday, May 18, 2009 | Labels: Market Strategy, Market View | 0 Comments
Market View 04.05.2009
Action expresses priorities. - Mahatma Gandhi
Bull action can express the priorities of the investor. Here they predict the bull run for long term in the indian market. And I agree with them.
In toaday's trade we expect good gap-up openning and the gain may remain sustain for the day. As I said earliar the move above 3514 can lead us to 3795-3805 level in near term and that day arrived. Today I expect hte market can sustain and give us the close above 3515 level. So enjoy in long side but keep in mind that SL revisation and profit booking may happen at every higher level. So we can also be the same. Key level for today's trade is 3650-3580. Watch out this levels.
Posted by : The King on Sunday, May 3, 2009 | Labels: Market Strategy, Market View | 2 Comments
NSE&BSE Market View 29/04/2009
Hey here swain flu's virus infected the bull and we can't get aid for it in hole trading session. Let's try today to recover from bad health. Today Asian markets are positive and get decent gain so hoping positive opening in our market also.
But on the expiry day we experienced that more volatality but if we get the positive start then the mood change for bull rider and they buy for next future also. we expectecting that today some short covering happen as we facing continuos resistance at 3500 level for last 6-7 session.
Buy on decline is today's stratagy. But maintain strict stoploss as it's expry day for future.
Posted by : The King on Tuesday, April 28, 2009 | Labels: BSE, Market Strategy, Market View, NSE | 0 Comments
NSE&BSE Market view 28/04/2009
No quute find for today from any book. Sorry readers and traders!!!!!!
Today is good but hot day in surat. All major indices are mixed today. So we expect voaltality in indian market for today. But in early move you can go for up trend on higher level we can see some pressure from all front line stocks. Key level for today's trade is within 3510-3530. Kindly note it. 3514-3517 is the previous closing basis resistance we seen. here we trade above 200 DMA.But this breck out's confirmation given only if we close above 3520 level.
Nice Trading!!!!!!
Posted by : The King on Monday, April 27, 2009 | Labels: BSE, Market Strategy, Market View, NSE | 0 Comments
Market View 27/04/2009
"The only reason why we ask other people how their weekend was is so we can tell them about our own weekend."- Chuck Palahniuk
Posted by : The King on Sunday, April 26, 2009 | Labels: BSE, Market Strategy, Market View, NSE | 0 Comments
Msrket View 24/04/2009
Calamities are of two kinds: misfortunes to ourselves, and good fortune to others. - Ambrose Beirce.
For our market calamities is beacause of misfortunes to ourselves. We knows that blindly follower of global indices drag our market to lower level in last financial year but on fundamnetal base our economy is driven by lacal demand supply chain. So we are get some cover from global slow down and the last quarter result indicate the same way.
Results of Wipro,Reliance Industries Ltd., RPL, Idea are the positive ques for today and asian indices trade mixed is bad sign for today's trade. As we are on Higher level and facing the resistance at 3500 I advised to make profit booking at all rise.
Happy trading day ahead!!!!!!!
Posted by : The King on Thursday, April 23, 2009 | Labels: BSE, Market Strategy, Market View, NSE | 0 Comments
Market View 23/04/2009
"O Janardhana, if you consider that intelligence is better than actions, then why are you asking me to perform this ghastly action?"
[Chapter 3 verse 1-Bhagvad GITA]
Yesterday many stocks gave a downside breakout, but immediately got support. The good part is NIFTY still holding 3300 mark. The bad part it makes life difficult for intraday players. Now any up move in mkts should be considered only above 3514. On the downside if NIFTY breaks 3300 mark, we can expect some panic.
Posted by : The King on Wednesday, April 22, 2009 | Labels: Market Strategy, Market View, Stock market review | 0 Comments
Market View 22/04/2009
"Far better it is to dare mighty things, to win glorious triumphs even though checkered by failure, than to rank with those poor spirits who neither enjoy nor suffer much because they live in the gray twilight that knows neither victory nor defeat."- Theodore Roosevelt
For day traders last 3-4 session is like gray twilight neither vitory nor defeat. High volatality drive us to more nagative impression after long rally. I expect more down side for nifty in coming day's with high volatalty in short term. Same as in Sensex. But Medium to Long term trend tend to positive.
Nice Trading!!!!!!!
Posted by : The King on Tuesday, April 21, 2009 | Labels: Market Strategy, Market View | 0 Comments
The Way ahead
The Way ahead.....
The bulls may have found their winning ways for Developed market quite some time now. But the bears will hope Some profit booking will bring them into focus sooner than later. Thereafter chart its own course depending on what investors expect in todays monetary policy. On the positive side, bulls will hope some rate cut takes place. The cacophony of the Lok Sabha elections continues with the market more or less pricing in a fractured verdict. These concerns will play up closer to the election results next month.
For now the larger market seems to be quite ignoring the corporate results though stockspecific activity will continue depending on the results. Though the mood remains positive a much need cooling has evaded the market for some time.
Globally, investors are hoping that companies deliver results which show signs of revival and are hoping that firms, especially in the financial sector are not sitting on any landmines.
Posted by : The King on Monday, April 20, 2009 | Labels: Market View, Stock market review | 0 Comments
