Todays report 28 MAY 2009

On the final day of the derivative expiry of the May series Nifty opened on a relatively positive note amid mixed global sentiments and further pulled up during the day's trade. It managed to close above 4320, But the concern today was the resistance level of 4337 and if that was broken convincingly then of course the movement would have been upward. In fact with today's performance the market has recouped its strength, which is good sign, indicating the buying pressure in the market.Nifty options have seen writing at 4300-4350 levels resulting in selling at higher levels. Put writing is seen at 4150-4200 levels. In the June series writing is seen at 4500-4600 levels; though the build up remains on the lower side.In US Investors take data on durable goods and jobless claims in stride, stocks solidly higher. The worst credit crisis since the Great Depression has prompted economists to scale back forecasts for growth in the second half of the year.

Market outlook for today 280may09

Positive global cues powered our market that closed at the day's high with good buying in realty, banking and power stocks.The Sensex finally ended the day up by a whopping 520 points or 3.83 per cent to 14110 points. The only concern today was the resistance level of 14000-14050 and if that was broken then of course the movement would have been upward. But we didn't expect such a sharp movement upward. In fact with today's performance the market has not only recouped yesterday's losses, but also moved up by more than 100 points, which is good sign, indicating the strength of the market. Sectors that helped the market move up sharply were again realty, bankex, power and psu, which were up by 6.09, 5.42, 4.89 and 4.71 per cent respectively. The Advance decline ratio too is in favour of the advances. This ratio stood at 2347 advances to 459 declines, which also indicates that market could open gap up tomorrow as well.

BSE Sensex (14110): It is good that volatility is not ruled out on the F&O expiry. Now support is seen around 13950 and resistance to the up move is ate 14200-14500

NiftyTechnical Trend (4276) the support for the Nifty is at 4200 and the resistance to the up move is at 4380/4420:

Closing bell 27.05.09

Strong buying activity during the final hour of trade led the Indian markets to end the day on a firm note as the BSE-Sensex ended the day higher by around 520 points, while the NSE-Nifty closed higher by about 160 points. Stocks from the mid-cap and small-cap spaces ended the day on a strong note, recording gains of 3.7% and 3.4% respectively. Buying activity was witnessed in stocks across sectors led by realty, banking and power. However stocks from the healthcare and FMCG spaces were less in favour.Asian markets ended the day on a firm note. The European indices are currently trading in the green as well. Rupee was trading at 47.7 against the US dollar at the time of writing.

Market says 26 may 09

The global financial crisis is not yet over, says Finance Minister Pranab Mukherjee on CNBC TV18. The government's goal is to bring back the economy on growth path and budget will be presented in first week of July, he feels. We hope to pass the budget by July end, he says. Massive investment in infrastructure is needed to spur growth, he says. We need a faster pace of investment in infrastructure, he adds. We hope to see more participation from FIIs, he says. I welcome the Bharti-MTN deal, he adds. We see global growth picking up from October, he says.

Outlook for 27 may 2009

The market is said to be UP as long as 13611 holds…but volatility cannot be ruled out’ the market cracked the 13611 market and cracked but managing to stay above 13480…13480 is a very crucial support and if that goes now then the next support is closer to 13000-12270.
The support for the Sensex is 13278-12889 and the resistance to the up move is at 13820
Nifty: (4117) the support for the Nifty is at 4022-3907 and the resistance to the up move is at 4205

outlook for 26may2009

After witnessing high volatility on Friday, it was another volatile day for the Indian equity markets. Quiet global cues saw a listless session on our broader market that was ranged but midcaps and smallcaps outperformed today. There was stock specific action in Bharti Airtel (news of alliance with South African telecom giant MTN saw stock down 5%) and Ranbaxy (exit of CEO and Chairman Malvindar Singh saw stock soar 20%) today. Sensex shut shop at 13913, up 26 points and Nifty at 4237 was flat from the previous close. CNX Midcap index was up 2.58% and BSE Smallcap index was up 5.01%. The market breadth was positive with advances at 1117 against declines of 158 on the NSE. Top Nifty gainers included Ranbaxy, Unitech and Sterlite Industries while losers were Bharti, Suzlon and Cairn India. Although the market remained in the positive zone most of the times, there was a continuous profit booking pressure at the higher levels.

Todays market ended..........

The Indian markets shed a considerable amount of their earlier gains during the final hour of trade. The BSE-Sensex ended the day marginally higher, gaining around 30 points while the NSE-Nifty closed lower by about 10 points. On the other hand, stocks from the mid-cap and small-cap space ended the day on a strong note, recording gains of 2.8% and 5% respectively. Stocks from the realty, healthcare and FMCG sectors emerged as the top gainers today, while profit booking was witnessed in stocks from the IT and power spaces.

It was another volatile day for the Indian equity markets as the indices were doing a See- Saw between positive and negative zone. In the morning Sensex and Nifty opened on a weak note on account of weak global cues. While US market closed in red even Asian indices were trading weak. It recovered then immediately but only to enter negative zone again. In the afternoon session market again revived and closed the day on a strong note. We feel after two days of profit booking, market has witnessed some buying interest for long term. While Sensex closed at 13887.15 (Up 150.61 points) Nifty closed at 4238.50 (Up 27.60 Points). Capital goods was up on the expectation of increased Capex, Banking was up on account of expected reforms.

market strategy21 may2009

Market Strategy Market has had dream run up after elections. This run up is lead by large cap companies. Midcap companies have not participated in this> bull run. As many large cap companies are trading in over bought

territory, in coming day's focus will shift from large cap to midcap companies. Investors need to start booking parcial profits in large cap companies and diversify their portolio to midcap companies, where catch up rally is expected soon. Both Nifty & Sensex are expected to remain volatile with positive bias till cabinet formation takes place

MARKET 19.05.09

After moving in a highly volatile manner, the market ended in the red today. Global cues were positive, but the market plunged sharply into the red after opening higher this morning.A splendid recovery followed and the Sensex very nearly breached the magical 15,000 mark around mid afternoon as it vaulted to 14,930.54, recording a massive jump of almost 1000 points from its morning low.

market haulted for the day

HALTED FOR THE DAY
The one-sided win for the UPA government (lead by 262 seats) in the 15th Lok Sabha election, which shrugged off the exit polls results drastically, brought great cheers for the markets in early trade. The benchmark indices locked at upper circuit. The BSE and NSE have decided that the trade will start at 11:55 am (i.e. after two-hour halt).

In the first 30 seconds of trade, the Sensex crossed the 13,000 mark and inched up towards 14,000 level. This was the first time since October 2008 that the Sensex surpassed the 13,000 mark and the Nifty crossed the 4000 level. Huge upsurge of 420 points or 11.4% in the SGX Nifty was suggesting the same trend.

The 50-share NSE Nifty was up 531.65 points or 14.48% at 4,203.30 and the 30-share BSE Sensex surged 1,789.88 points or 14.70% to 13,963.30. Less than Rs 1000 crore of trade was seen in the cash and F&O segment.

16 may 2009

Market Reaction on Congress alliance set to win polls
The ruling Congress-led alliance was projected on Saturday to win a second term in office after a general election, according to vote counting trends from the election commission. Analysts say this would cheer markets as the coalition government would not need the support of leftist parties that have blocked liberal reforms and opposed foreign investment, particularly in the financial sector. Leftist parties had propped up the government of Prime Minister Manmohan Singh for four of its five years in power but they withdrew support after India signed a civilian nuclear deal with the United States despite protests from communist allies

15 MAY 2009

NIFTY VIEW :- SUP 3431-3487-3512-3555 RESI 3636-3686-3737-3777 ...RIL IND VIEW :- SUP 1717-1777-1821-1884-1901 RESI 1967-2001-2100..... ASHOK LEY BUY BUY BUY IN DEL DONT MISS AND RCOM HEADING BOTH STOCKS IS HOT .....WE ARE ALLRADY GIVEN OTHER THING READ BELOW .... HOLE MEDIA IS TELLING CONG IS CUMMING BUT OUR INEER SENCE IS TELLING BJP WILL WIN THIS RACE ...LET SEE ..... TATASTEEL ..WATCH ON THIS STOCKS SOLID MOVE BULLS SIDE AND RELINFRA

MIXED MARKET +ELLECTION

The Sensex fell 1.1 percent in choppy trade on Wednesday as investors locked in profits after a 4 percent rally in the previous session, and awaited exit polls due around 5 p.m. after voting ends in national elections. Worries a weak coalition could emerge kept investors wary, after the market rose on Tuesday on speculation the Bharatiya Janata Party (BJP)-led opposition group, seen as market friendly, was gaining momentum. Even though exit polls have been unreliable in the past, traders hope they could provide clues about the trend. Results of the month-long general election will be known on Saturday. "The undercurrent is still positive, but since the election results are just around the corner, investors are booking profits as we have had a very good rally recently

12may 2009

Nifty cmp 3555....BUY ABOVE 3564
TARGET 3583/3596/3618...&
SELL BELOW 3540..TARGET..3518/ 3490/3458....
ANY QUERY ANY TIMEcan call me 9915684997
Buy & Hold-divislab target 964,
SREINTFIN target 49@53 & SRF- 96@106
Holding Long :
ndtvtv target123.. sci-target 104@113
3590@3630 ehit all looooonggg

The Indian markets ended the day on a weak note as the BSE-Sensex closed the day with losses of around 190 points, while the NSE-Nifty closed lower by about 70 points. Stocks from the mid-cap and small-cap space also ended the day on a weak note, lower by 1.9% and 2.4% respectively. Selling activity was witnessed in stocks across sectors led by realty, capital goods and metal.Most of the other Asian markets ended the day on a weak note. The European indices are currently trading in the red as well. Rupee was trading at 49.41 against the US dollar at the time of writing.

11 may 2009

Short LT Below 985,
Target 965-963,
Stop Loss 991

UPDATE FOR 11.05.09

MARKET VIEW 11.05.09

Intraday View Buy above 3632 Target 3791 Sell below 3613 Target 3535

Weekly View Buy above 3626 target 3864 Sell below 3598 target 3331

Monthly View Buy above 3517 target 3858 Sell below 3307 target 2625

MARKET UPDATE 11.05.09

Nifty closed at 3621 again below 3626. Keep SL of 3662 on all your shorts. If Nifty trades above 3662 it can head towards monthly target of 3858. Till then we assume that Nifty is heading down towards weekly target of 3331 and monthly target of 2625. On the downside Major supports at 3451, 3433 and 3128.

09.05.09

INDIA ELECTION IS GOING ON ..... IF NIFTY CLOSE 3686 ABOVE THEN REAL BULL POWER IN HAND ....OTHER WISE PROFIT BOOKING COME .......!!!

view 08.05.09

MARKET VIEW FOR TODAY 08.05.09

BUY RELIENCE AND TATA ON DIPS

RELIANCE
1896 BUY ABOVE
1879S.L
1962T1
1989

TODAYS VEIW

TODAYS MARKET VIEW
It was a good day for the market that ended with firm gains. Sensex closed at 12106, up 153 points (provisional) and Nifty at 3681, up 56 points (provisional) from the previous close. CNX Midcap index was up 2.18% and BSE Smallcap index was up 2.81%. Metals outshined today and the index was up 8.5%. The market breadth was positive with advances at 922 against declines of 300 on the NSE.

Rakesh Makin

08/05/09

NIFTY RANG CMP 3683....BUY ABOVE 3684
TARGET 3723/3641/3758...&SELL BELOW 3648..TARGET..3618/ 3582/3548....
ANY QUERY ANY TIME
contact 9915684997 or mail me at makin0097@gmail.com and makin_97@yahoo.com

Buy & Hold-maruti-target 862 ,divislab target 987,
tatastel-target 314 & educom- 2284
Holding Lon :bharati.-target-814-ndtvtv target 124
STBT :noooooooooooo