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

MARKETOUTLOOK 30-07-2014

Posted By : Kishore B.S

The expiry day selloff in market, all call writers made big money. Most of the traders were expecting Nifty will be flat to positive close but Nifty closed 70 points on downside. Today also expects a gap down open in Nifty, SGX Nifty indicates negative 60 points. Stock recommendation, Investment call buy Ipca lab CMP 700, target 900 and stop loss 630. A sharp correction in

MARKETOUTLOOK 30-07-2014

Posted By : Kishore B.S

Expect market to open on a flat note, SGX Nifty shows a negative 10 points. Nifty is trading in the band of 7630 to 7820 from past few session. Breaking 7820 can take Nifty to 8000+ levels, other side breakout will help the traders and investors to buy Nifty around 6400 or 6300. Our advice to go stock specific, we recently recommended Bajaj-auto for investment pic

Market outlook 21-07-2104

Posted By : Kishore B.S

Expect the market to open on positive note. SGX Nifty indicates a positive 30 points up. The rebound from 7440 levels shows a strong support for Nifty. Resistance can be seen at 7800 levels. Going stock specific is still a good idea instead of tracking Nifty. The current month and coming month, many companies’ 1st quarter results will be announced. In this bull market any bad result from the

MARKET OUTLOOK 15-07-2014

Posted By : Kishore B.S

MARKET OUTLOOK 15-07-2014 Two days of big selling in the market has take Nifty to trade below 7500. Looking at daily and monthly chart it is prudent that big profit booking is happening so our advice is to unwind the long position if you had taken and wait for the new short position once the Nifty breaks 7400 we can take a short position keeping stop loss

MARKETOUTLOOK 09-07-2014

Posted By : Kishore B.S

MARKETOUTLOOK 09-07-2014 Expect the market to open on a negative note, SGX Nifty shows a positive 20 points. Yesterday's panic selling happened in market which will continue. Therefore one can expect market to be volatile till the Budget is announced. One who has taken a long position in the market can stay long keeping a stop loss 7500, one who want to take a fresh position

MARKET OUTLOOK 4-07-2014

Posted By : Kishore B.S

MARKET OUTLOOK 4-07-2014 The mood is extremely optimistic going into the Budget. But for investors what would be the recommendation be? To buy post Budget or Pre Budget? It is very clear according to us if Nifty closes near 8000 before Budget then its very difficult for Nifty to rally on Budget day, if Nifty closes near 7600 before Budget then the target for Nifty after