Indian equities are likely to open marginally lower on Tuesday after a back to back thumping sessions on flat global cues. Asian markets are currently trading mixed. S&P chart is indicating a big break out or break down in the coming weeks. We will post an update as and when it happens
Markets - Pullback rally unlikely to fizzle out this week
While every one on the street is extremely confident on the strength of this pullback rally, couple of index majors are displaying immense strength on charts. We expect a stock specific demand in today's trade. Markets might make a false move downwards.
We too are with the majority of the crowd on the ongoing pullback rally. But one should asses the situation when Nifty moves near to 5600-5700 band. Beaten down sugar stocks and Realty stocks might witness value buying.
Bears...May Try to Spoil the Show...May taking, But Seems, Only Below......5423.00
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Tuesday, February 15, 2011
Monday, February 14, 2011
Valentine's Day to bring cheers on Dalal Street
Indian equities are likely to marginally gap up when they open for trade on Monday morning on positive global cues which includes end to Egyptian crisis. Asian markets are trading positive today
Markets - To race higher
Its pay back time for bulls. We expect markets to race higher giving a lesser chances for traders or investors. One should remember this is just a relief rally and for the relief rally to convert into a major bull rally one should take assistance of technicals.
SEBI's probe against the Bear cartel is a welcome sign. While many on the street are arguing that it is definitely valid to short a stock based on its merit, we clearly are against spreading rumours during panicky situations and causing further damage to innocent investor's wealth. We have taken notice of such kind of rumours floated against specific stocks which were forced to bite the dust due to weak sentiment and relentless short selling. The worst part of the Bear cartel is few sections of the media are working hand in glove which includes a major business daily which failed to check basic information about the location of a company while reporting a news recently.
It's time the small investor is rescued and SEBI puts a check to these kind of acts.
Keeping Stop Loss of 5100.....Start Fresh Exposure in Indian Stock Market.......................!!!
As....On Friday's....We Already Wrote About this............!!!
Markets - To race higher
Its pay back time for bulls. We expect markets to race higher giving a lesser chances for traders or investors. One should remember this is just a relief rally and for the relief rally to convert into a major bull rally one should take assistance of technicals.
SEBI's probe against the Bear cartel is a welcome sign. While many on the street are arguing that it is definitely valid to short a stock based on its merit, we clearly are against spreading rumours during panicky situations and causing further damage to innocent investor's wealth. We have taken notice of such kind of rumours floated against specific stocks which were forced to bite the dust due to weak sentiment and relentless short selling. The worst part of the Bear cartel is few sections of the media are working hand in glove which includes a major business daily which failed to check basic information about the location of a company while reporting a news recently.
It's time the small investor is rescued and SEBI puts a check to these kind of acts.
Keeping Stop Loss of 5100.....Start Fresh Exposure in Indian Stock Market.......................!!!
As....On Friday's....We Already Wrote About this............!!!
Friday, February 11, 2011
Wanted : Bulls, Experience : No bar, Location : Dalal Street
Stocks on Dalal Street are losing over Rs 100 crore on an average in every single minute of trade so far this year, adding up to over Rs 11 lakh crore since the begining of January 2011.
While every investor is confident of longer term perspectives of Indian economy, the current sell-off has literally punched every one's portfolio. This kind of fall was inevitable. Correction has turned into a blood bath for the short term.
Investors have limited choices as many stocks have fallen beyond 60 pct. Few of them might never return too
Start...Accumulating Your Favourite Counter...keeping SL of 5150...and Hold these Stocks...Till Budget.......!!!
While every investor is confident of longer term perspectives of Indian economy, the current sell-off has literally punched every one's portfolio. This kind of fall was inevitable. Correction has turned into a blood bath for the short term.
Investors have limited choices as many stocks have fallen beyond 60 pct. Few of them might never return too
Start...Accumulating Your Favourite Counter...keeping SL of 5150...and Hold these Stocks...Till Budget.......!!!
Wednesday, February 9, 2011
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.
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.
Tuesday, February 8, 2011
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
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
Monday, February 7, 2011
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.
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.
Friday, February 4, 2011
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
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
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