THE MARKET OUTLOOK ON 7TH January

Posted By : Kishore B.S

THE MARKET OUTLOOK ON 7TH January The market in yesterday’s trading yet again closed below 6200, near its support. We still recommended to go short on Nifty closing below 6190. But if Nifty breaks the 6230 and closes above that, it will create positive sentiments and that will be our stop loss on upside. Today SGX Nifty indicates a flat open. Stocks to watch are the

MARKET OUTLOOK ON 6th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 6th January Expect the market to open negative on global cues. Asian markets are down by 1% - 2%. The SGX Nifty also indicates a flat to negative open. The technical outlook for Nifty looks bearish it is breaking all its supports so one can go short on Nifty keeping a stop loss of 6240 and the target is 6070. Stocks to watch

Market Outlook 27th Dec 2013

Posted By : Kishore B.S

Hi friends, Nifty continues to trade above 6270, but failed to close above 6300 levels. Yesterday was another day of consolidation, where nifty traded in range of 30 points and finally closed 0.2% on the positive side. But Nifty should hold 6240 level for an up move towards 6350 and all time high 6400. Bank nifty is looking very positive, giving a clear breakout around 11350

Market Outlook 26th Dec 2013

Posted By : Kishore B.S

Hi friends, From the past 10 days, it was a roller coaster ride for stock market traders/investors as fed did the taper and RBI kept rates unchanged. Both events took the market participants by surprise. The market may remain volatile and may trade in range today because of expiry day. The trend in Nifty is up so one who is holding a position can continue to

Market Outlook 24th Dec 2013

Posted By : Kishore B.S

Market Outlook 24th Dec 2013 Nifty has been trading flat since morning, not giving a clear direction. In yesterday’s trade, the last one hour saw Nifty losing the gains since morning. The way market is behaving we think that the 6400 levels will act as very strong resistance for the market. Unless Nifty breaks those levels no new long position is recommended. On Monday we recommended