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Showing posts with label Market View. Show all posts
Showing posts with label Market View. Show all posts

Market View 27/05/2009


After the decent correction we can see some revival in today's trade. As all global clues are positive. US consumer nuber are encouraging. Asian markets trade with healthy gains and local news flow are without bad flow. Amid expiry the high volatality is the concern. All public sector bank deciding to cut intrest rate which is the boost for indian stocks for whole day. So buy is the only mantra for today's trade but with stoploss as expiry(mind it)!!

Markt View 26/05/2009


Yesterday Punjab is burnning and Bengal is storming the two new challenges for us. One is god's clamity and other is from human. One we can handle and one we can't. Think on it!
We are facing hurdle at 4280-4300 level daily suggesting that we are in tight range. See for close above this level for more upside. Inearly trade we ma face some profit booking as not clear clues from any side. Waiting for cabinet expantion today, after that market get some fresh clues and may decide their direction. On expiry note strict stoploss for intraday player is advised.

Market View 25/05/2009


Who is the better for fiannce minister than pranav mukerji. Pranav dada is the expectation of marke which reflects on friday at the decent gain after intial profit booking. Early monsoon may give more push this rally in today's intial trade. The next big event is the monsoon. Good monsoon is the key for rural economy and still we have more than 60% of our population in rural area. the biggest consumer population in india still awaiting for good product and if they have to participate strongly than the monsoon is the factor for their income.
Today we can get some early gain. We are at the range of 4250-4550 in nifty but all the analyst predicting that the now bull in strong command after the good news from local front. So advised to hold some position if you are active. and If you are not so active in the market then go for silected midcp and defencive sector like pharma.
Have a Nice trading!!!

NSE&BSE Market View 22/05/2009


After profit booking today I expect some gain in our large cao section. As all Heavy weights are down in last three session, now they have to move on. As the rumour on bault that the new government may plan for OMC to decide to change the structure of petrol and deisel prises. All OMCs rallied on that note. US intial jobless claims fal in last week. But this news doesn't help US indices to plunged after positive opening.
Stronger rupee may give some pressure on earnings of IT companies. As all rating agencies downgrade the IT giant INFY and TCS, today they are to watch if they can give us the support or they are the laggards.
Buy on decline is the mantra for intraday.

NSE&BSE Market View 20/05/2009


Now all the fresh news flow is the key to direction of our indices. 100 day's plan for econmy from new government and after that we have budget both this issue is now what help us to sustain here if we get it in expectation.
Today I expect flat to negative openning in our market. We may face pressure in early session of trade but I advised to buy on lower level like 14100 and 14000. In Nifty 4250 and 4200 is the key level from their I expect some bounce. For 2 months view I expect to range bound movement in 13500-15800.

Market View 19/05/2009


"Our favorite holding period is forever" -Warren Buffet.

Like the Mr. bufft holding period is like the diamond. Just hold for forever. As we witnessed the history yesterday. All traders and investor cheering the uper circuit for frist time!! The new UPA Government and good face at economic front boost the confidence in stock market players. Now every person expecting good decision will be taken withot any pressure of other political parties and without pressure of vote bank.
Just ride on bull in todays trade. Only buy buy and buy recomendation in today's trade. I personaly advised to go in banking and fianancial sector today.
ENJOY THE MOVEMENT.
Nice trading Day!!!!!!!!!

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.

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.

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!!!!!!

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

So as Chuck says weonly shares that what we expected to hear from our listeners. And we in the market only get the positive report if we are long and if we are short than all negative reports only we can see. Trader's Psychology is the greatest factor in thetrading of stock, forex and comodity's future.
Today Major asian indices oen in red and trading in negative zone. Same is expected in our market as we are much recover in past seven week. But now we facing hurdle at this level since last week. May be it's continue for short term and than we pick the direction either way. But We advise to book profit in todays trade and sit back with all relaxsation and enjoy the volatality of market when ever we break the any of the direction make the position accordingly.

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!!!!!!!

Market View 23/04/2009


Said Arjuna:
"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]
Its 2 way game in the mkt for last few days..And For intraday playerintelligence is better than actions so some low volume on cash segment considered compared to las 6-8 segment and it will continue in coming days.
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.
Today also Nifty will remain volatile and one should try to book profit at regular intervals.For morning session Nifty spot above 3342 can show some recovery and if Nifty breaks 3300 level then we can see some more selling pressure in the market
Nice trading day!!!!!!

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!!!!!!!

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.

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