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

MARKET OUTLOOK 07-08-2014

Posted By : Kishore B.S

Expect the markets to open on a negative note. SGX Nifty showing negative 26points. The technical outlook shows volatile trading in the Nifty, which becomes extremely difficult to predict what will be Nifty closing tomorrow. As we advise in our previous blog, wait till the breaking points either down side or upside, till then closely watch the market and go stock specific and pick up the

MARKET OUTLOOK 05-08-2014

Posted By : Kishore B.S

The Monetary policy is today. Dalal street is expecting yet again RBI is likely to pause today’s policy review. If RBI were to maintain their status quo,the markets are expected to move higher levels, however, if no rates increases, some sell off can be expected in market. Technical outlook shows Nifty looking week. Yesterday’s reclaim to 7700 is not enough to think that markets would turn bullish (short