MARKETOUTLOOK 30-06-2014

Posted By : Kishore B.S

MARKETOUTLOOK 30-06-2014 On Friday it was a dull session, as the Nifty traded in a narrow range through the day and managed to close marginally above 7500, majorly supported by IT and Pharma stocks. It is rightly said that bull market are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. Now the Indian market are like euphoria for domestic investors but

MARKET OUTLOOK 19-06-2014

Posted By : Kishore B.S

Expect the market to open on a positive note, SGX Nifty shows a 30 point positive. The Fed on Wednesday pushed ahead with its plans to wind down its quantitative easing, reducing its monthly asset purchases from USD 45 billion to USD 35 billion beginning in July - something that was widely expected. As we are going near to budget the markets are becoming too volatile with a

MARKET OUTLOOK 13-06-2014

Posted By : Kishore B.S

MARKET OUTLOOK 13-06-2014 Expect the market to open at flat note, SGX Nifty showing a flat 10 points positive. Oil touched to an eight month high at $113/bbl. We hope many of booked profit In Pharma stocks which we advised, if not still pharma stocks are trading at higher we advise to sell the stocks for a short term. Bank Nifty and Nifty are inch by

MARKET OUTLOOK 09-06-2014

Posted By : Kishore B.S

Expect Market to open a positive note, SGX Nifty shows a bullish move of 45 points. Last Friday was a block buster rally in Nifty mainly due to the inflow of FIIS who invested about 12000 corers in a day. Many market participants thought that Friday after expiry some sell off can be seen, however the opposite happened in the market seeing Nifty rally over 100 points. Now

MARKET OUTLOOK 04-06-2014

Posted By : Kishore B.S

As expected RBI kept rates unchanged, Bank Nifty traded flat. But Nifty is up by 50 points with major support from Capital goods and infra and oil & gas sector. Going forward the stocks in Nifty Index are highly overbought and we expect small correction, which already started in IT and pharma which is an idle buy in some stocks. We advice to buy Sunpharma trading

MARKET OUTLOOK 03-06-2014

Posted By : Kishore B.S

MARKET OUTLOOK 03-06-2014 Expect the market to open on flat note, ahead of the RBI monetary policy today. The markets are expecting RBI to keep the rates unchanged. Yesterday the market rallied on expectation that RBI will keep rates unchanged. The FIIS bought nearly 300 cores in equities in return The DIIS sold 150 cores in equities. If RBI keeps rates unchanged Bank Nifty moving higher

MARKET OUTLOOK 30-05-2014

Posted By : Kishore B.S

MARKET OUTLOOK 30-05-2014 Expect the market to open on flat note, SGX Nifty showing a flat 5points negative. The expiry was surprising Nifty closed 95 points on downside. One who sold 7300 call is put into task. But one who bought 7300 call made good money. Technical outlook Nifty looks week if it breaks 7190 on a closing basis advice to go short target is 7040,