ad

    Adbrite

    Followers

    About Me

    My photo
    Just keep enjoying with me
Showing posts with label NSE. Show all posts
Showing posts with label NSE. Show all posts

Weekly Review

Free float method for nifty led the volatality in last week. Weak global cues dragged the Indian indices lower in the initial part of the week, Concerns over below-normal monsoon add some pressure also. Expiry of derivatives contracts for the June series led to volatile movement on the bourses. BSE sensex rose by 1.7% during the week. NSE Nifty also gain 1.4% to end at 4376. Positive news flow and increase in weitage of L&T in the Nifty attributed to a 6% jump in capital goods index. Power and banking stocks werw in demand on the back of budget expectations. How ever, delay in monsoon raised fear about slowdown in auto sales, led the auto stocks lower over the week.
Top Gainers:- LT, ACC, HDFC, ICICIBANK, GRASIM
Top Losser:- RANBAXY, TATASTEEL, M&M, HDFCBANK, NTPC

Posted by : The King on Sunday, June 28, 2009 | Labels: , , | 4 Comments  

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)!!

Posted by : The King on Tuesday, May 26, 2009 | Labels: , , , | 1 Comments  

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.

Posted by : The King on Thursday, May 21, 2009 | Labels: , , , | 0 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: , , , | 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: , , , | 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

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.

Posted by : The King on Sunday, April 26, 2009 | Labels: , , , | 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: , , , | 0 Comments  

Subscribe to: Posts (Atom)

Adbrite

Search This Blog

Entrecard

Adgitize

Adbrite

Adbrite