D-Street fall picks up speed as non-Index stocks bleed

Indian equity markets continued to fall despite of positive cues from global markets on account of severe battering by FIIs. Asian markets are trading flat to positive on Wednesday morning

While all the support levels evapourated, Nifty is looking pale at current levels. It is indeed unbelievable to see the selloff returning almost every day. As we mentioned earlier investors are in a tight spot whether to book losses in the existing holdings or to add more to their individual portfolios.

We believe the current downside will be only arrested if Nifty sees a panic fall and then a bounce.

More consolidate on cards for Indian Markets?

Markets - 5350 on Nifty might hold

While yesterday's session is more of a consolidation move on the Indices, we do expect if there is a bounce of more than 100-150 points on Nifty the current downtrend is more or less done with. Investors should wait for confirmation before jumping the gun.

Yesterday's trade witnessed bloodbath in some of the counters. The tendency of stocks especially midcap and smallcap stocks during downturn to panic even on a minor news that really impacts the business is pretty natural.

Second half of February might bring back cheers to investors.

Bulls......Will be there..........But Only Above.............5410

Positive opening in Asian markets, D-Street under bear threat

Indian equities are likely to open flat only to see some more selling in the morning session on breaching key technical levels on Friday. Asian markets are trading marginally positive on Monday morning

Nifty breached 5400 level with a huge force on Friday. We believe this might lead to a new low and might happen quick. Expect a better second half, ahead of the budget. For now, investors has no other option to go through the pain.

While 4800 can be called as a dead bottom for Nifty in the given circumstances, we would not wait till 4800 for accumulating stocks. Bottoms are formed before one realises the same

Today's Below................5366.00 Mark.....Once Again...Favours Bear
But Only Above.............5403.00 Mark...Above that Mark...NIFTY FUTURE Likely to Hit......5435.

After a bull storm its time for calm

Stocks are likely to witness decent upmove from here on. We are betting on midcap stocks in the next few days. But we believe 5400 is likely to be tested one more time this month and any severe bounce off that levels is likely to end the bear party.

Inflation is likely to shed weight drastically in the next two weeks and expectations of budget sops might keep the bulls pumping. All in all at least part of the bearish cloud seems to have passed out


Today's Above.............5548.90 NIFTY FUTURE Manage to hit that Mark....than.................5582.00

But Only and Only Below..................5500.00 Mark......If In Any Case , Break that Mark...Only than Expect Real Downside on the Bourses....and NIFTY FUTURE...May Try to Hit..............5473.00

Oversold D-Street looks for assistance

Expect, Bounced Back But Only and Only Above..5454.00 Mark

Today's Below ...........5417.00 Mark...and stayed that Level for Consecutive 20 Minutes............Immediately Expect a Level of ______(To know Subscribe)

While Markets continue to linger in the oversold territory, every rise is being sold-off by investors. Yesterday's late hour smack down was a big disappointment. Raja's arrest is just a lame excuse for markets to move down.

The silverlining in the last three days session is buying emerging on all dips. It is just a matter of time one witnesses relief rally but the chances of a relief rally converting into a full fledged rally look bleak, atleast in the extreme short term

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Domestic Institutions bought equities worth Rs 1000 crore yesterday

Dalal Street might witness the much awaited pull back rally on Tuesday as Asian markets traded in green on positive US markets. FII selling continued on Monday but DIIs came to the rescue with a Rs 1000 crore buying which shadowed the Rs 900 crore sell-off in the cash segment by FIIs.

Markets - The cat fight begin

Yesterday's tape did speak of some buying emerging at lower levels. We believe from here on it is not going to be easy for bears to drive down the indices. Domestic Institutions and Insurance companies who are sitting pretty with cash might step up buying. Q3 numbers demonstrated that India Inc is on its way for superlative growth in the coming years. Q4 might be hit due to rising borrowing costs for companies but it is the demand from the consumer that will drive the economy in the next couple of years.

Think long and think India.