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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.

Posted by : The King on Tuesday, May 19, 2009 | Labels: , | 0 Comments  

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!!!!!!!!!

Posted by : The King on Monday, May 18, 2009 | Labels: , | 0 Comments  

Sorry

As my Grand Mother's sudden death causes me to take breack from my daily routine and do some religious work behind them. So I apologize all my ENTERECARD DROPPER, READER and Dear Traders for the intruption in dropping and blogging.

Posted by : The King on Wednesday, May 13, 2009 | | 1 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: , | 2 Comments  

Weekly Review

Small trrading week provide the good volatality across the board. the NSe Nifty fell by 0.2% and BSE Sensex was up 0.7% during the week. Uncertainity surrounding Lok Sabha elections and anxiety over the bank;s stress test results in the US kept the bulls on tenterhooks. Concerns over the swine flu outbreak and its impact on the tentative global recovery also weighed on the sentimate.ICICI Bank is the leader during the week and TATA Steel is the top looser on BSE SENSEX.

Posted by : The King on Saturday, May 2, 2009 | Labels: | 0 Comments  

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