Seems like still some bad time is left ,, as of now. The markets faced a very volatiles session yesterday , with choppiness all across the board , smart traderts have also made money .. but only a few amny of them have burnt their fingers.
Stocks moved specifically .. we saw a intraday loww and then some kind of recovery which markets were not able to hold off and we again saw a sell off in the closing session with markets closing down in reds and below the 19800 lvls.
As told yesterday short term trend looks week and dowside support exist at 19500 and 19100 lvls.
We need to close abv 20220-30 lvls to regain the uptrend .
All asian markets with DOW Jones is in red with a deep cut in DOW closing well below its support lvls. It has made a new low and Asian markets is following same with hangsang , nikkei all trading in deep red.
HOw India could set aside , yes we will see some effect and how swere that would be that we have to see, FEd rate cut is the only chance for saving the US markets as of now to save markets from the risk of recession and FED is expected to cut rate aggresively ..
Small cap saw some recovery and that is expected to continue today also .. mid caps also some bounceback but today it seems a bit tough . ..
we expect the Indian markets top show its trength soon .. quality stocks in mid caps and some of the frontliners can be accumulated as of now ahead of the good corection ..
Mid term and long term investors can buy quality stocks for delievery and some fishing can be done today ..
Small cap stocks that were in our reccom list GTL infra , Hind motrz , Apollo tyres, CBOP .. may show some strength today also ..
Bounce back is on the cardss .. so we are bullish on markets .. US may also come back sooon 11900 plays a imp lvls..
Keep updating urself with market rumurs daily from rumurs section ..
HAVE aGRT DAY !!!!
Friday, January 18, 2008
Thursday, January 17, 2008
MARKET REPORT 176 JAN 2008
It was a terrible day for the markets , with sensex plunges 700 points down in intraday swing , closing below the support lelvs of 20,000 which is not good for the bears . although on ahead of the short cvring in the last hour of trade the recovery was there , but more or less the damage was alredy done , the sensex some hoe closed abv 19800 lvls.
GLobal weakness continue to shatter the dremas of bulls in INDIA and markets as of now is in short term downtrend . THe sensex needs top close abv 20220 -30 lvls to get into an uptrend .
below that it can touch the lows it had made in last month .
THe overall growth story of markets is good and investors need not to panic , cash investors would be advised to stay invested and buy quality midcaps form here on which do no have much downside , we have mentioned stocks in yesterday post also ..
The consolidation is good and its good for the rallies each time we have a consolidation the markets jumped back very impressively and the this time we expect the same from markets to make a new highs .
MID caps saw a deep cut with all frontliners were down ..
RCOM was a big looser it has broken it short term support of 775-780 and same time shorters attcked it to close at 731 lvls. traders can keep a sl of 720-725 in this scripts and can buy more whoa ll are caught at higher lvls.
NTPC looks good in short term buyings in dips ahead of its valuation with the RPOWER ipo.
Today its a big DAY for the BIG DADDY of indian markets RELIANCE indus ..ITS looks good for intraday also ahead of its result ..IF predictions goes corect RIL is expected to gave good result with bottomline may cross $1 billion mark..
bulls really rely on RIL today for its momentum , as global markets gave away all the gains as similar with DOW jones that had given away its gains ahead of subprime crisis ..
Immediate trend is not clear and markets are expected to remain volatile .. and bounce back onlyy with some newzz trigger . FED rate cut and RBI policy are the two main triggers here ..
and till that markets are expected to remian choppy ..
NTPC to foray into power equipment manufacturing after getting a clearance from the board for a JV with Bharat Forge..
Sterlite Energy is planning a pre-IPO placement of US$1bn in next couple of months..
Simplex Infrastructure to foray into thermal power generation through a JV..
Gitanjali Gems forms five wholly-owned subsidiaries for developing SEZs....
HAVE A grt DAY !!!
GLobal weakness continue to shatter the dremas of bulls in INDIA and markets as of now is in short term downtrend . THe sensex needs top close abv 20220 -30 lvls to get into an uptrend .
below that it can touch the lows it had made in last month .
THe overall growth story of markets is good and investors need not to panic , cash investors would be advised to stay invested and buy quality midcaps form here on which do no have much downside , we have mentioned stocks in yesterday post also ..
The consolidation is good and its good for the rallies each time we have a consolidation the markets jumped back very impressively and the this time we expect the same from markets to make a new highs .
MID caps saw a deep cut with all frontliners were down ..
RCOM was a big looser it has broken it short term support of 775-780 and same time shorters attcked it to close at 731 lvls. traders can keep a sl of 720-725 in this scripts and can buy more whoa ll are caught at higher lvls.
NTPC looks good in short term buyings in dips ahead of its valuation with the RPOWER ipo.
Today its a big DAY for the BIG DADDY of indian markets RELIANCE indus ..ITS looks good for intraday also ahead of its result ..IF predictions goes corect RIL is expected to gave good result with bottomline may cross $1 billion mark..
bulls really rely on RIL today for its momentum , as global markets gave away all the gains as similar with DOW jones that had given away its gains ahead of subprime crisis ..
Immediate trend is not clear and markets are expected to remain volatile .. and bounce back onlyy with some newzz trigger . FED rate cut and RBI policy are the two main triggers here ..
and till that markets are expected to remian choppy ..
NTPC to foray into power equipment manufacturing after getting a clearance from the board for a JV with Bharat Forge..
Sterlite Energy is planning a pre-IPO placement of US$1bn in next couple of months..
Simplex Infrastructure to foray into thermal power generation through a JV..
Gitanjali Gems forms five wholly-owned subsidiaries for developing SEZs....
HAVE A grt DAY !!!
Wednesday, January 16, 2008
MARKET REPORT 16 JAN 2008
Markets has seen a a substantial correction from last 2 days , yesterday it was a closing below our expectation mark. We have already told our readers to watch out for nifty below 6100 mark. any closing below that could make a dip to 6022 and 5980 lvls.
Yesterday correction was very much to its midcaps .
Here GLOBAL weakness is also playing a crucial role and as global markets are trading weak .. we are getting pressured and some sentiments are being effected.
SMALL caps and mid caps have undergone a mamoth beating and have undergone a huge correction . SMall caps which are from UC in last small cap rally are in no sign of getting up from lower circuits now .
ALL retail investors who all are trapped at higher levels have almost burnt their fingers.
The same story is with the mid caps which have corrected almost havinly from their higher levels .
We suggest investors that can accumulate quality mid caps at these leves and who have invested at higher levels can average out their buys .
Sensex is a bit weak now but a pre budget rallly is on the cards .
We expect sensex to get a new highs in jan end itself so investors would be hereon advised to stay invested.
Sensex for uptrend to continue must have a closing abv 6300 mark which is playinga crucial resistance for sensex. ANy closing abv that would be making sensex to form a intermediate uptrend...
We are still in favour of our reccom JP ASSOC .. it can be accumulated , strong support at 400 lvls.
Specially after it is being allocated with Ganga expressway .. a huge deal it gt a big target on charts.. for long term..
Citigroup reported an almost $10bn quarterly loss that was worse than expected..Wall street seems like in pain and more pain .. it needs some very good results and strong declartion to rcvr from thses lvls..
The mega Rs12,000 cr Reliance Power IPO looked to be attracting a lot of investors as markets witnessed a constant fall in volumes. It was visible that traders and investors were selling stocks to participate in the biggest IPO in history. Media reports also stated that frontline stocks like ICICI Bank, Bharti Airtel and NTPC witnessed delivery based selling...
SBI .. The board of directors of the company cleared the proposal to raise capital through rights issue in the ratio of 1:5 at a price of Rs1,590.
ITC all set to set upa new manufacturing unit..
SBI , PNB , BOI a;; set to enter pakistan.. keep an eye on banking space today taken a huge beating yestrday..
Tata Motors plans multi-manufacturing hubs that will focus on making different vehicles at different locations. it can be accumulated on all dips...
FII were net sellers in yesterday trade in both cash and FNO ...
dips buy can be done in ITC , SBI , indiabulls finance, prime sec , geojit, SBI , ntpc , jp assoc...
SENSEX support at 20020 nd 19800 lvls..
HAVE A grt DAY !!!
Yesterday correction was very much to its midcaps .
Here GLOBAL weakness is also playing a crucial role and as global markets are trading weak .. we are getting pressured and some sentiments are being effected.
SMALL caps and mid caps have undergone a mamoth beating and have undergone a huge correction . SMall caps which are from UC in last small cap rally are in no sign of getting up from lower circuits now .
ALL retail investors who all are trapped at higher levels have almost burnt their fingers.
The same story is with the mid caps which have corrected almost havinly from their higher levels .
We suggest investors that can accumulate quality mid caps at these leves and who have invested at higher levels can average out their buys .
Sensex is a bit weak now but a pre budget rallly is on the cards .
We expect sensex to get a new highs in jan end itself so investors would be hereon advised to stay invested.
Sensex for uptrend to continue must have a closing abv 6300 mark which is playinga crucial resistance for sensex. ANy closing abv that would be making sensex to form a intermediate uptrend...
We are still in favour of our reccom JP ASSOC .. it can be accumulated , strong support at 400 lvls.
Specially after it is being allocated with Ganga expressway .. a huge deal it gt a big target on charts.. for long term..
Citigroup reported an almost $10bn quarterly loss that was worse than expected..Wall street seems like in pain and more pain .. it needs some very good results and strong declartion to rcvr from thses lvls..
The mega Rs12,000 cr Reliance Power IPO looked to be attracting a lot of investors as markets witnessed a constant fall in volumes. It was visible that traders and investors were selling stocks to participate in the biggest IPO in history. Media reports also stated that frontline stocks like ICICI Bank, Bharti Airtel and NTPC witnessed delivery based selling...
SBI .. The board of directors of the company cleared the proposal to raise capital through rights issue in the ratio of 1:5 at a price of Rs1,590.
ITC all set to set upa new manufacturing unit..
SBI , PNB , BOI a;; set to enter pakistan.. keep an eye on banking space today taken a huge beating yestrday..
Tata Motors plans multi-manufacturing hubs that will focus on making different vehicles at different locations. it can be accumulated on all dips...
FII were net sellers in yesterday trade in both cash and FNO ...
dips buy can be done in ITC , SBI , indiabulls finance, prime sec , geojit, SBI , ntpc , jp assoc...
SENSEX support at 20020 nd 19800 lvls..
HAVE A grt DAY !!!
Tuesday, January 15, 2008
Stocks to watch out today(15-Jan-08)
In a yet another volatile trading session benchmark Sensex closed 100
points lower and Nifty closed marginally higher. The index heavyweight
Reliance Industries was the leading gainer. NTPC, R Com and HDFC Bank also showed some buying.
Today, we expect a strong opening on back of healthy global cues.
Thereafter, the market is likely to turn volatile again. Despite the
slowdown in FII inflows of late, the market has managed to stay firm,
though there has been a lot of intra-day volatility. Quarterly results will
continue to drive the market in the near term. Select stock specific and
sector-centric trend is the order of the day. Short-term traders may find
it really tough to make money in this kind of a market. Even long-term
investors will have to be smarter in picking up stocks.
News snippets
~ Reliance Industries has announced another gas discovery in the
Krishna Basin. (ET)
~ ONGC has struck gas in the Mahanadi basin for the third time.
(BL)
~ The board of SBI has cleared the proposal to raise capital through
rights issue in the ratio of 1:5 at a price of Rs1,590. (ET)
~ Reliance Energy and Anil Ambani have purchased 32mn shares
of Reliance Power at Rs450 per share. (BL)
~ Essar group has bought Peninsula Land’s Kurla commercial
project for Rs1,200cr. (ET)
~ Mahindra & Mahindra has launched Scorpio in Egypt in
partnership with Bavarian Auto Group. (BL)
~ Delhi High Court has declined to stay the Government’s decision
to allocate GSM spectrum to Reliance Communications. (BL)
~ Power ministry has blamed BHEL for time over run and slippages
in various projects. (FE)
~ HPCL is planning to raise Rs480cr via oil bonds sale. (FE)
~ HCC has emerged as the lowest bidder (bid at Rs37.5cr) for
building India’s first strategic crude reserve facility in
Visakhapatnam. (BS)
~ Cummins Group will invest Rs1,200cr through its ten
subsidiaries in India to expand its capacities. (ET)
Stocks to watch out today:
WelGuj (BTST call given yesterday)
NTPC
RNRL
RIL
REL
points lower and Nifty closed marginally higher. The index heavyweight
Reliance Industries was the leading gainer. NTPC, R Com and HDFC Bank also showed some buying.
Today, we expect a strong opening on back of healthy global cues.
Thereafter, the market is likely to turn volatile again. Despite the
slowdown in FII inflows of late, the market has managed to stay firm,
though there has been a lot of intra-day volatility. Quarterly results will
continue to drive the market in the near term. Select stock specific and
sector-centric trend is the order of the day. Short-term traders may find
it really tough to make money in this kind of a market. Even long-term
investors will have to be smarter in picking up stocks.
News snippets
~ Reliance Industries has announced another gas discovery in the
Krishna Basin. (ET)
~ ONGC has struck gas in the Mahanadi basin for the third time.
(BL)
~ The board of SBI has cleared the proposal to raise capital through
rights issue in the ratio of 1:5 at a price of Rs1,590. (ET)
~ Reliance Energy and Anil Ambani have purchased 32mn shares
of Reliance Power at Rs450 per share. (BL)
~ Essar group has bought Peninsula Land’s Kurla commercial
project for Rs1,200cr. (ET)
~ Mahindra & Mahindra has launched Scorpio in Egypt in
partnership with Bavarian Auto Group. (BL)
~ Delhi High Court has declined to stay the Government’s decision
to allocate GSM spectrum to Reliance Communications. (BL)
~ Power ministry has blamed BHEL for time over run and slippages
in various projects. (FE)
~ HPCL is planning to raise Rs480cr via oil bonds sale. (FE)
~ HCC has emerged as the lowest bidder (bid at Rs37.5cr) for
building India’s first strategic crude reserve facility in
Visakhapatnam. (BS)
~ Cummins Group will invest Rs1,200cr through its ten
subsidiaries in India to expand its capacities. (ET)
Stocks to watch out today:
WelGuj (BTST call given yesterday)
NTPC
RNRL
RIL
REL
Monday, January 14, 2008
Stocks to watch out today( 14-JAN -08)
The volatility we saw on Friday was worth something. We have been saying that the market will be volatile but is strong and will not break. We were correct and friday saw a bounce back from 6110 levels.
The market started in the green but went into the red. But later in the day we saw buying in selective counters and the bounce back in the sensex and nifty.
Today, the buying will continue. Good Q3 results gives good signals for the market. Midcaps and Smallcaps which have taken a hit in the last 5 sessions might see some buying and selective counters will bounce back.
In the news is the Ganga Express Highway, expected to be about Rs.30,000 cr. JP Associates has emerged as the lowest bidder for all the 4 phases and the confirmation will be coming today.
SBI is going to issue ESOPs to its employes and also discuss about the rights issue.
BSNL is planning to launch CDMA across India in competition with RCOM and TATA. Later we might BSNL launching its IPO divesting 20%. This will be the mother of all IPOs.
Geojit Fin has given very good results. Expect some movement in the same counter.
Year 2008 is going to be a year of IPOs and India is going to see a jump of 300% in the IPO front.
Summing up everything, Lots of positive news coming across sectors. The stocks to watch out for today are RIL, RCOM, JP Associates, Adlabs, Punj Lloyd, Abirlanuvo.
The market started in the green but went into the red. But later in the day we saw buying in selective counters and the bounce back in the sensex and nifty.
Today, the buying will continue. Good Q3 results gives good signals for the market. Midcaps and Smallcaps which have taken a hit in the last 5 sessions might see some buying and selective counters will bounce back.
In the news is the Ganga Express Highway, expected to be about Rs.30,000 cr. JP Associates has emerged as the lowest bidder for all the 4 phases and the confirmation will be coming today.
SBI is going to issue ESOPs to its employes and also discuss about the rights issue.
BSNL is planning to launch CDMA across India in competition with RCOM and TATA. Later we might BSNL launching its IPO divesting 20%. This will be the mother of all IPOs.
Geojit Fin has given very good results. Expect some movement in the same counter.
Year 2008 is going to be a year of IPOs and India is going to see a jump of 300% in the IPO front.
Summing up everything, Lots of positive news coming across sectors. The stocks to watch out for today are RIL, RCOM, JP Associates, Adlabs, Punj Lloyd, Abirlanuvo.
Subscribe to:
Posts (Atom)
