All roads lead to ....

US Markets survived a strong attach from bears on weaker jobless claims data. While all indicators are pointing to a US flop show again in the next 6 months, it is very important for investors to sit tight with their holdings along with raising cash levels.

With fresh memories of 2008 still in investor's mind, there is an extreme fear among retail investor community to enter Indian capital markets. Midcaps will continue to shine while large caps will languish

Another dull day on cards

Another dull day with more emphasis on midcaps is on cards today too. One should keep in mind we are going through a consolidation phase. Stocks like Talwalkars are looking great these levels, given the momentum.

Our Prime Focus continued to move up and there are many more stocks lined up in the new portal coming soon...We expect to launch the same next week

Buying in Lower Level target above 5500

The Nifty is likely to trade in the range of 5430-5480. The trading strategy would
be to create short positions if the Nifty resists at around 5475 levels for targets of 5458 and 5440. On the other hand, one can also create long positions if the Nifty
takes support at around 5435 levels

Time For ??

The Nifty is likely to trade in the range of 5440-5500. The trading strategy would
be to create short positions if the Nifty resists at around 5495 levels for targets of 5470 and 5450. On the other hand, one can also create long positions if the Nifty
takes support at around 5440 levels

Bulls grabbed the final hour of the trade with both hands and Nifty is ready to take a shot at 5500 levels today. But underlying volume strength is missing in the current market. Midcaps are flying high and our top pick Prime Focus nearly doubled. We have further higher targets for the same....And we continue to mention about a 3 year multibagger (a 5X bagger) currently trading below Rs 20 levels. Having said that the stock might not move up in the short term. It is time to accumulate

Markets likely to take a pause

Markets are likely to take a pause before the upmove. For now trade smart instead of jumping ahead

Trade in levels given for August

Sensex - The action formed into a small bear candle, indicating respect to the 80%
retracement level to the previous fall, exactly as we suspected. Since it is a smallbodied candle, it indicates indecisive action rather than breakdown. Bias can
remain positive if it protects low of 18071. However, we remain careful near 80%
levels.

The Nifty is likely to trade in the range of 5400-5450. The trading strategy would
be to create short positions if the Nifty resists at around 5448 levels for targets of 5435 and 5415. On the other hand, one can also create long positions if the Nifty
takes support at around 5410 levels

Markets flying high

Markets continue to stretch on positive numbers. European quarterly numbers propelled the market yesterday. But chinese productivity contracted and this was taken as a positive by the market as china's central bank might not be ready for a rate hike. While the market's rationale till that point is correct slower economc growth will soon reflect in lower corporate profits and the same will be reflected in quarterly results.

Book part profits in the current upmove and enter at lower levels

Nifty August Trading Range Seen 5200-5550 Try to hedge / play in this level,Short at high & Buy at low

Bearish winds blowing slowly

While every one is bullish on the street, slowly we see a bearish wind blowing in global equity markets and India is no exception. If global correction is on cards, we re-iterate India will be a big loser.

On the other hand if world goes flat Indian economy will be flying high. We agree on the decoupling theory but the quarterly numbers are mixed and failed to propel the markets. D-Street again failed to break out from the trading range. Keep caution till then

Another flat day expected

F&O expiry is weighing on Indian marklets with the max pain pegging Nifty at 5400. Midcaps continued to fire and yesterday's clear winner was V-Guard. Stock jumped on huge volumes.

US Markets too continued to trade flat. Economic data continued to pour in pretty weak in th US. Watch out for a melt down soon. But for now corporate profits are running the show.