Market Outlook for Now

Posted By : Kishore B.S

The current correction in Indian markets is healthy and provides Investors A opportunities to accumulate good quality stocks at attractive prices. Our structural bullishness on Indian markets outlook for the next 5 years continues to strengthen due to the recent Macro & Micro Economic events. For any investor with a 3-5 year time frame Markets are providing great bargains. So buy right and sit tight. Cheers!!

EOD Comments on Nifty 2nd December 2014

Posted By : Kishore B.S

NIFTY : (cmp 8524.70) The Nifty has been under a Dream Run from the last one year and especially the last Two months has seen the Indices galloping from the 7700 mark to the 8600 mark which translates to nearly 11.5% returns in the matter of just 2 months. This amazing run is the reason that most the Analysts are betting heavily on the Indices reaching

MARKET OUTLOOK 29-10-2014

Posted By : Kishore B.S

Market opened 30 points higher than yesterday’s closing. Major support seen from Banking and Financial stocks. Bank Nifty trading all time High supporting Nifty to trade above 8000. So its important for one to be very care full while buying Banking stocks for trading point of view. For the Investors keep on investing in bits and peaces, if market corrects start accumulating good stocks. Note: -

MARKET OUTLOOK 21-10-2014

Posted By : Kishore B.S

Dear All, Team SMI wishes you a Happy Diwali in Advance, Hope you will utilized the opportunity given by the market to invest. Last week market was trading near 7700 levels. Last year Diwali market had broken its all-time high of 6400 levels, this Diwali Market is trading near 8000 levels. Expecting another good year ahead so keep on investing into the markets. Stock pick:- Buy 

MARKET OUTLOOK 8-10-2014

Posted By : Kishore B.S

As warned earlier markets showed a sign of correction, Nifty is now trading near its two months low, and its the second time that Nifty has broken the 50 day moving average in the current quarter. Keeping in view the current down trend, we expect to give a target of 7700 and 7650. We also suggest traders to go short on Nifty at current levels, keeping

MARKET OUTLOOK 8-09-2014

Posted By : Kishore B.S

Hi, We can expect Indian Markets to open on Positive note today, even though markets closed in negative last week we could see that US Markets moved higher and closed positive and thats a good sign. Few of the stocks to look at today are United Spirits and Maruti Suzuki. Nifty for short term seems to be positive but the same is range bound with support

MARKET OUTLOOK 28-08-2014

Posted By : Kishore B.S

Hi Friends, Expect the markets to open on a flat note, SGX Nifty showed flat 12 points positive. Today being the expiry day,  we can expect to see lots of volatility in market. Nifty is holding 7900+ backed majorly by Banks, IT  and Pharma. If Nifty has to go up, the Bank Nifty has to support, but we observe that bank Nifty also trading flat from

MARKET OUTLOOK 26-08-2014

Posted By : Kishore B.S

Dear All, Nifty has been showing a oscillating movement, with the 'rising wedge' pattern and is gradually approaching the upper end of it. Multiple highs around 7930 indicates immediate hurdle around the same and upside may remain capped to 8050. However, medium term support exists around 7620 and unless that is breached the index may remain in a consolidation mode. Cheers!! Team SMI    

MARKET OUTLOOK 20-08-2014

Posted By : Kishore B.S

MARKET OUTLOOK 20-08-2014 Expects market to open on a flat note, SGX Nifty shows negative 5 points. Nifty trading flat, if Nifty has to hit 8000+ it has to be supported by Bank Nifty. If not, very difficult to see Nifty trading above 8000+. Stock to watch is Idea. We recommended long back with a target of 180. Recommended price 125. Now it is trading at

MARKET OUTLOOK 19-08-2014

Posted By : Kishore B.S

As we advised in our previous blog wait for Nifty to break the 7840 levels, then think of going long on the market. Nifty did brake the crucial resistance at 7840 and turned bullish. This clearly defines a bullish momentum which can Take Nifty to 8000 levels, however if Nifty breaking 7600 levels buy on every dip. But important to note yesterday’s big rally was not because of