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 02/04/2014

Posted By : Kishore B.S

THE MARKET OUTLOOK 02/04/2014 Expect market to open on a positive note led by positive set of cues from global markets. Both US and European markets ended on a positive note. RBI kept the policy rates unchanged but increased GDP forecast, which augurs well for the market. In Auto sales data, Hero Moto, M&M, TVS Motors and Eicher Motors reported better than estimates sales numbers. Cheers

THE MARKET OUTLOOK 27-03-2014

Posted By : Kishore B.S

THE MARKET OUTLOOK 27-03-2014 Expect the market to open on a flat note. US market fell half percent followed by Asian market down by half to one percent. Today is an expiry day expecting intraday volatility to be high? The capital goods sector is the sector which was performing from last 2 months, although it moved more than 30% it further has a potential to give

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

THE MARKET OUTLOOK 19-03-2014

Posted By : Kishore B.S

THE MARKET OUTLOOK 19-03-2014 Nifty and Bank Nifty are trading in narrow band, not giving a sign of either breaking up side or down side. So wait for the breakout and buy. If Nifty breaks 6620 go long on Nifty, Bank Nifty breaks 12400 go long. We had given buy call on ITC at 320 levels, now ITC is at 360 so more than 12% in

Market outlook 12-03-2014

Posted By : Kishore B.S

Market outlook 12-03-2014 Two days of consolidation, Nifty is giving a sign of some correction. As we recommended to create a hedging position is working well. The Nifty to all time high was supported by Banking and financial, capital goods, now both sectors started correcting. The Bank Nifty on daily chart created an evening star pattern which is bearish therefore going forward we can see some