Market Outlook for 4/4/14

Posted By : Kishore B.S

Expect the market to open on a flat note, The SGX  Nifty was showing 16 points negative. US market declined marginally and Asian market are traded flat. Next its time for results to start with companies from banking & financial services companies, which are the main to watch for. Nifty from last 5 trading session closing all-time high, but not able to break the psychological level

THE MARKET OUTLOOK 20-03-2014

Posted By : Kishore B.S

Dear All, Expect the market to open on negative, due to the global cues. US market fell near 1%, and Asian markets are down by half to one percent. SGX Nifty is Showing a negative 24 points. IT stocks are the heroes when hit all tile in the month of Jan, now the stocks have corrected more than 10%. Going forward wait for this week closing

MARKET OUTLOOK 10-03-2014

Posted By : Kishore B.S

Out both the targets which we had predicted are achieved infact Nifty even broke the 6500 levels and is now trading at all-time high. Which is supported by Bank index, Infra and capital goods. Going forward the rally may sustain. But the IT and Pharma index are the spoil sport. It is advised to carry the hedged position till expiry, and go long in Nifty and

MARKET OUTLOOK 4-03-2014

Posted By : Kishore B.S

MARKET OUTLOOK 4-03-2014 Expect the market to open negative on account of global cues. US market fell by 1% on geo political tension between Russia and Ukraine. The SGX Nifty showing a negative 10 points. The correction in yesterday’s market is giving sign that Nifty may correct to 6000 again. Because whenever Nifty touches 6300 it faces resistance and trades towards 6000 therefore it is better

Market Outlook for 3rd March 2014

Posted By : Kishore B.S

Dear All, Last month was a profitable month for the Bulls, Nifty and Bank Nifty rallied more than 3%. Looking forward Nifty trading near 6300, breaking 6320 resistance will take Nifty To 6400 and 6450. But the concern for the market is from the banking and financials. The Bank Nifty Trading below its 200 day moving average. Without the support of banking financials it is difficult

MARKET OUTLOOK ON 30th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 30th January Today is expiry of F&O for this month’s contract. But the concern we see in Nifty are the two big gap down open on Tuesday and today, which now becomes untradeable. As we have been recommending from the beginning of the month to short Nifty and Bank Nifty and hold on till expiry; anyone who followed this and is still holding

MARKET OUTLOOK ON 27th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 27th January Expect the market to open on huge negative note. Backed by huge profit booking and the global markets fell by more than 2%. Friday was the party spoiler for the trader’s one who went long on Nifty and Bank Nifty. Now one would have to bear the loss and exit because it is very important to note that the bank index

MARKET OUTLOOK ON 23rd January

Posted By : Kishore B.S

MARKET OUTLOOK ON 23rd January From past few trading sessions, the market is neither opening flat nor negative. The market, during the trading sessions moves in the band of 30 points and is closing flat or positive by a few points.  The current market scenario will suit an intraday trader. It is important to note that market is trying to break its important resistance at 6380 and

MARKET OUTLOOK ON 20th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 20th January In Thursday’s market outlook we clearly mentioned that Nifty will be volatile and buy call on Bank Nifty will be only above 11140. But bank Nifty on intraday traded above 11140 but did not close above 11140 to buy. Today the market expects to open on flat note on the cues SGX Nifty down by 10 points. However on the technical

MARKET OUTLOOK ON 16th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 16th January Today is another day of positive open in market because of the positive close in US market. The WPI inflation number corrected sharply to 6.2% from the 14 month high. Coming to the technical, Nifty is heading towards its all-time high so going  forward Nifty may become volatile and hence instead Nifty, Bank Nifty is looking good. Breakout above 11140 will