Today's......Below.......5527.00 Mark...Once Again..Favours Bears Only...and May Try to Hit........5501.00 and 5483.00 too in Today's Trading Session.
Bulls May Try to Rock the Street.But Only Above..........5530.00 Mark..Above that Mark...
Crude futures rallied Monday along with precious metals Gold and Silver as unrest in Libya raised worries about a potential disruption in oil supplies from the North African nation.
Reliance Industries stock has underperformed the Index from the past one year. The stock defied many analyst predictions of an upmove and here we go with a decent oppurtunity for the stock to prove its mettle. While middle east unrest is a cause for concern, this stock is likely to gain irrespective of the market movement.
Reliance is likely to lead the market rally in the coming days. We believe majority of macro economic negatives are priced at the current levels. Global picture especially Middle East might cause some trouble as Crude Oil is bound to go up. Yesterday's upmove indicates that the news is out in the market prior to the announcement itself
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Tuesday, February 22, 2011
Monday, February 21, 2011
Dalal Street to turn volatile during the expiry week
Global markets are trading higher and moving up despite of increasing tensions and crisis in the middle east. Libya is the latest casualty and slowly but surely the impact of the crisis will be shown on crude oil and Gold prices.
News Bytes
* SBI announces Rs 2,000-cr retail bond issue
* IDFC sees slowdown in lending in FY12
* Hexaware eyes 25% growth, to up headcount to 8,000 in FY11
* RCF to enter rival turf with phosphatic fertiliser foray
* Subsidiaries lift KEC’s performance
* IOB to get Rs 1,054 cr capital infusion from govt
Markets - Volatility ahead of expiry & budget
While there are absolutely no expectations on the budget from investor perspectively, we expect a surprise during budget phase. The only big negative global markets are ignoring is the Middle East crisis which might push cride oil prices and Gold prices higher.
It would be ideal for investors to still wait and watch and start picking up stocks only in case of further slide from current levels
Today's......Below.......5449.00 Mark...Once Again..Favours Bears Only...and May Try to Hit........5421.00 and 5401.00 too in Today's Trading Session......Watch Carefully............!!!
More Pain...Only Below......5391.00 Mark...Below that Mark...NIFTY FUTURE Likely to hit..........5378.00 and 5353.00 too.............
Levels for Bulls......!!!
Bulls--Bulls Aaya.Re.....Bulls May Try to Rock the Street.But Only Above..........5475.00 Mark..Above that Mark...NIFTY FUTURE is Likely to hit........5499.00 and 5517.00 too in Today's Trading Session.......Watch Carefully
News Bytes
* SBI announces Rs 2,000-cr retail bond issue
* IDFC sees slowdown in lending in FY12
* Hexaware eyes 25% growth, to up headcount to 8,000 in FY11
* RCF to enter rival turf with phosphatic fertiliser foray
* Subsidiaries lift KEC’s performance
* IOB to get Rs 1,054 cr capital infusion from govt
Markets - Volatility ahead of expiry & budget
While there are absolutely no expectations on the budget from investor perspectively, we expect a surprise during budget phase. The only big negative global markets are ignoring is the Middle East crisis which might push cride oil prices and Gold prices higher.
It would be ideal for investors to still wait and watch and start picking up stocks only in case of further slide from current levels
Today's......Below.......5449.00 Mark...Once Again..Favours Bears Only...and May Try to Hit........5421.00 and 5401.00 too in Today's Trading Session......Watch Carefully............!!!
More Pain...Only Below......5391.00 Mark...Below that Mark...NIFTY FUTURE Likely to hit..........5378.00 and 5353.00 too.............
Levels for Bulls......!!!
Bulls--Bulls Aaya.Re.....Bulls May Try to Rock the Street.But Only Above..........5475.00 Mark..Above that Mark...NIFTY FUTURE is Likely to hit........5499.00 and 5517.00 too in Today's Trading Session.......Watch Carefully
Friday, February 18, 2011
F&O data suggests further upmove on cards
Indian equities are likely to extend the run for the sixth straight day today as FIIs continue to buy Nifty Futures.
The F&O game is nicely played by FIIs. The way Indian market sold-off and recovered, we believe lot of innocent investors have burned their fingers in both equities and F&O segment. With absolutely no buying in the cash segment FIIs bought Nifty futures two times this week.
The sole purpose of F&O remains in big jeopardy as few funds are misusing it for their benefits. There is nothing in store for small investors, given the kind of volatility the Street is witnessing from the last one month. There may be more in the offing. While long term investors always win if the company's fundamentals are in tact, traders bear the brunt of manipulated activities
There is one short term resistance which the indices need to cross for them to gallop further. This resistance comes in @ 18542 for the Sensex and 5556 for the Nifty. Above these levels the indices will see the bullish trend continuing. On the lower side supports come in @ 18345 for the Sensex and 5504 for the Nifty. Hold a scrip specific view
The F&O game is nicely played by FIIs. The way Indian market sold-off and recovered, we believe lot of innocent investors have burned their fingers in both equities and F&O segment. With absolutely no buying in the cash segment FIIs bought Nifty futures two times this week.
The sole purpose of F&O remains in big jeopardy as few funds are misusing it for their benefits. There is nothing in store for small investors, given the kind of volatility the Street is witnessing from the last one month. There may be more in the offing. While long term investors always win if the company's fundamentals are in tact, traders bear the brunt of manipulated activities
There is one short term resistance which the indices need to cross for them to gallop further. This resistance comes in @ 18542 for the Sensex and 5556 for the Nifty. Above these levels the indices will see the bullish trend continuing. On the lower side supports come in @ 18345 for the Sensex and 5504 for the Nifty. Hold a scrip specific view
Thursday, February 17, 2011
Profit booking due on D-Street after a extended pullback rally
Markets - Looking weak
While we expected correction in the markets yesterday, it did not happen. Singapore Nifty is pointing to a gap down of 27 points today. Profit booking is likely in the markets, especially in stocks with major pullbacks.
Nifty is likely to have support at 5350 and 5400 levels. We are not out of the woods despite of US markets showing enormous strength
Let's.....See......Who'll Buy First........As In Today's Trade.......Everyone Will Hurry to Buy this ACKRUTI CITY.........!!!
It'll Open.....Almost 5 to 10% Up.........!!!
While we expected correction in the markets yesterday, it did not happen. Singapore Nifty is pointing to a gap down of 27 points today. Profit booking is likely in the markets, especially in stocks with major pullbacks.
Nifty is likely to have support at 5350 and 5400 levels. We are not out of the woods despite of US markets showing enormous strength
Let's.....See......Who'll Buy First........As In Today's Trade.......Everyone Will Hurry to Buy this ACKRUTI CITY.........!!!
It'll Open.....Almost 5 to 10% Up.........!!!
Wednesday, February 16, 2011
Stocks likely to cool-off
Markets - Likely to take a blow today
We expect markets to cool-off today. Infra and realty stocks might restart the slide again. We advice investors to stay put and wait for more downsides before jumping in.
Expiry next week is likely to add more volatility in the markets. Expect wild swings
Bears May Try the, Three Day Winning Streak Below....5449.00 Mark...Below that Mark....NIFTY FUTURE May Try to hit......5418.00
We expect markets to cool-off today. Infra and realty stocks might restart the slide again. We advice investors to stay put and wait for more downsides before jumping in.
Expiry next week is likely to add more volatility in the markets. Expect wild swings
Bears May Try the, Three Day Winning Streak Below....5449.00 Mark...Below that Mark....NIFTY FUTURE May Try to hit......5418.00
Tuesday, February 15, 2011
D-Street likely to consolidate after sharp upmoves
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
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
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............!!!
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