Saturday, August 22, 2009
Friday, August 21, 2009
सेन्सेक्स ( 15240.83) 228.51 अंक चढ्कर, नीफ़्टी (4528.80) 75.35 अंक चढ्कर, बंद..
ABAN : Our morning call, all target achived - ON FIRE
" Buy ABAN at 1121 sl 1111, TARGET 1167,1177"
HOLD
ABAN
BTST
Daily earn in the Stock Market
with Excellent Trading Ideas
(Intraday, Delivery, Future & BTST) ,
INVESTMENT IDEAS,
MARKET SENSITIVE NEWS
& more.
Get Entry and Exits calls by SMS - Paid!!
[sms "Yearly" to 09825677777]
Nifty trend as per charts ..
SELLING is suggested with SL of 4461 level
for the target @ 4403 to 4397 levels;
Regarding BULLISH TREND,
BUYING is suggested @ the level of 4461
with SL of 4457
Target @ 4497 to 4510 levels
Positive Breakouts and Negative Breakouts
NIFTY (4453) SUP 4350 RES 4560
Thursday, August 20, 2009
सेन्सेक्स ( 15012.32) 202.68 अंक चढ्कर, नीफ़्टी (4453.45) 59.35 अंक चढ्कर, बंद..
European markets update: FTSE Index flat, DAX Index down 0.3% and CAC Index down 0.1%
SCI : Our morning call trading STRONG at 131.50, hold for target
GTL Infta trading strong at 37.75, hold for next 30 days
NOW TRADING STRONG
trail SL cost to cost and hold for next target...
our SMS was ..............................
"HOLD / Buy GTL Infa at 34.90
on decline, news awaiting."
.................................................
Daily earn in the Stock Market
with Excellent Trading Ideas
(Intraday, Delivery, Future & BTST) ,
INVESTMENT IDEAS,
MARKET SENSITIVE NEWS
& more.
Get Entry and Exits calls by SMS - Paid!!
[sms "Yearly" to 09825677777]
Today Listing: Adani Power
Adani Power may LIST aroung 100-115
difficult to cross 115 after listing BOOK PROFIT ON DAY 1
SAVE THIS MESSAGE
Oil
Pre Market Ideas ...
Buy Reliance at 1877
SL 1844 Tgt 1907
and 1924 - 1947
Buy ABB at 666 SL 651
Positive Breakouts and Negative Breakouts
Federal Bank
Thermax EIH
Bajaj Holdings
US stocks rose on Wednesday, reversing early losses, as investors snapped up oil and other commodity shares following a nearly 5% rally in crude.
NIFTY (4394) SUP 4290 RES 4499
Wednesday, August 19, 2009
सेन्सेक्स ( 14809) -225.62, अंक गिरकर ,, नीफ़्टी (4394.10) -64.80. गिरकर, बंद..
European markets update: FTSE Index down 1%, CAC Index down 0.8% and DAX Index down 1.2%
Shanghai's 3.5% fall pushes Nifty below 4400
Nifty from here ...
4491-4507-4516
are Hurdles
Support levels :
4427--4419
Break below these levels will take to
4393-4385 in panic
4352----4335
are last Hope
Now if breaks 4335 level
with volumes will take to
4284-4267 level by end of this week.
TAKE CARE
Positive and Negative Breakouts
NIIT
Housing Development & Infra
GVK Power & Infra
HDFC Bank
Torrent Power
Negative Breakouts
Tanla Solutions
Kotak Mahindra Bank
Praj Industries
ICICI Bank
Tata Steel
Parsi New Year
'Northpole team wish Sal Mubarak'.
Market Commentary .
Today, after Monday Mayhem came Tuesday Turnaround, now Wednesday what? Don’t get perturbed by such high volatility. Remember, we have covered a long distance from early March. Some consolidation after a reasonably protracted advance is a given. Brace for wild swings as most global economies will witness a slow recovery. The same holds true for India, especially now that the monsoon has failed to live up to expectations.
Interest rates and inflation could also play spoilsport going ahead. Overall though, India should do reasonably well with no other concerns on the horizon.
Given the mixed global cues, particularly from Asian markets, we expect a cautious opening and a choppy day. Most world equity markets recently touched multi-month highs before softening a little. The catalyst for that sharp rally was growing optimism that we are out of the woods and are on the road to recovery. IMF’s top economist Olivier Blanchard also endorses this view, but warns that the recovery won't be typical. The short point is one should not expect very high growth rates and a swift recovery.
NIFTY (4458) SUP 4350 RES 4560
Tuesday, August 18, 2009
सेन्सेक्स ( 15035.26) 250.34 अंक चढ्कर, नीफ़्टी (4458.90) 70.00 अंक चढ्कर, बंद..
Firstsource considering listing in US - reports
Madhya Pradesh state declares drought in 37 districts
European markets update: FTSE Index up 0.6%, CAC Index up 0.3% and DAX Index up 0.4%
Technical View: Life below 50-DMA
The global meltdown forced the Nifty to close below its 50-DMA. However, traders need to wait before going short on the market. Last week, the Nifty touched a low of 4,359 but managed to bounce back. Hence, the possibility of a false breakout can not be ruled out this time also. Confirmation of a downside breakout would happen if the Nifty creates a lower low (below 4,359 on a closing basis).
Buy 4300-4400-4500 put and Sell 4600-4700 Call
Sold Nifty Fut at 4600 and doubled position
yesterday below 4539 and
sold more below 4403 level....!!
Nifty ...
Friday was great ,
Yesterday was a mind blowing day
for our Subscribers/READERS.
NF as expected crashed vertically..
Never crossed 4636-4660 &
see below 4539 it was freeeefall
upto 4403--4358 level.
The Government plans to double sugar levy quota to 20%. (ET)
L&T Finance to raise up to Rs10bn through a non-convertible debenture issue (NCD). (BL)
NTPC may move SC on RIL gas row this week. (BS)
Pre Market Commentary ..
Today, Asian markets, though better this morning, are swinging wildly. We expect a choppy opening. However, a positive close for the key indices is something which should not surprise.
A global scare, triggered by a sharp fall in the Chinese market spread like wildfire. Time makes more converts than reason. So, use this opportunity to take position rather than exit. Don’t let the screaming headlines increase your fear. Instead, dare we say you could get a little greedy.
A weak report on consumer confidence in the US raised fresh doubts over the global economic recovery. Even news that Japan is out of recession failed to sooth frayed nerves. A correction was anyways overdue since the rally started in early part of March.
There is a school of thought that believes that despite the drought India is still capable of clocking healthy growth. Big worries remain the inevitable return of high inflation and the ballooning fiscal deficit. Deep pocket funds have the cash and the intent to buy. Immediately sprucing up the main indices is surely not the priority for now.
FIIs were net sellers at Rs12.27bn in the cash segment on Monday on a provisional basis while the local funds pumped in Rs4.6bn, according to figures published on the NSE's web site. In the F&O segment, the foreign funds were net buyers at Rs2.56bn.
On Friday, the foreign funds were net buyers at Rs10.3bn in the cash segment. Their net purchases of Indian stocks have crossed $7.7bn year-to-date. Mutual Funds were net buyers of Rs2.58bn in the cash segment on Friday.
Monday, August 17, 2009
European markets update: FTSE Index down 0.8%, CAC Index down 0.9% and DAX Index down 1%
GTL Infra : Our Pre Market Call trading strong in down market, hold for next targer.
Oil companies hike ATF prices by 4.5%.(FE)
Reliance Industries drops out of the alliance with ONGC and IOC for jointly bidding for a US$16-18bn oilfield in Venezuela. (TOI)
Tata Steel aims for JV with South Africa, Vietnam mining firms. (FE)
Pre Market Commentary ...
After Germany and France, government data shows that Japan too pulled out of the recession in the April-June quarter. However, most Asian markets are down 1-2%. Wall Street and Europe too ended down on Friday.
Technically speaking, the Nifty is likely to remain in a broad range of 4300-4700. We are in for a major tug-of-war among the bulls and the bears in the near term.
Investors are looking for clearer and concrete signs of an economic recovery. A 10-15% correction should not surprise anyone. The fear of missing out on another round of rally could arrest any major sell-off. On the whole, the market is likely to be sideways and uncertain. Volatility is a given and one should also keep an eye on traded volume, aside from of course the fund flows.