Thursday, February 18, 2010
TRends
Short term and long term trends are up and intermediate term is down. Pull Back rally is on and intermediste term will be up above 4951 and Nifty if struggling near it because there if previous resistance range is 4920-4950 and moved down yesterday after good between 4920-4930 on 17-02-2010. Yesterday intraday patterns are showing consolidation between 4875-4900. Although US markets closed with good gains yesterday but its futures are trading in deep Red after this news that US Fed hiked Discount rate by 25 Bps to 0.75%. All the Asian markets are reacting this news by trading in Red. As Indian markets are showing both selling and buying between 4875-4930 in last 2 days therefore this range will be trend decider. If Nifty sustains below 4875 finally after depressing news from US Federal Reserve then that will be most depressing for Indian markets.
Asian markets are extremely depressed and sentiment is completely dampened therefore weak opening will be seen. on going Pull Back rally got momentum after good consolidation between 4790-4835 and if Nifty sustains above this range then upmoves will be seen in next week. My view is not bearish and expecting sustaining above 4835 and recovery either today or in next week. It is being felt that global markets are over reacting and will normalise in next week as well as upmoves will also be seen.
Asian markets are extremely depressed and sentiment is completely dampened therefore weak opening will be seen. on going Pull Back rally got momentum after good consolidation between 4790-4835 and if Nifty sustains above this range then upmoves will be seen in next week. My view is not bearish and expecting sustaining above 4835 and recovery either today or in next week. It is being felt that global markets are over reacting and will normalise in next week as well as upmoves will also be seen.
NIFTY.....
NIFTY exactly playing the way I said in the morning...close to 4866 and close below 4866 will lead to much lows in the coming days.......
Wednesday, February 17, 2010
nifty.....
if nifty breaches 4881 then can expect 4866-4850 , so trade as the stop loss given earlier in the day
and if does not breach 4881 and retraces back to 4910 levels then can expect 4925-4938 on upside
and if does not breach 4881 and retraces back to 4910 levels then can expect 4925-4938 on upside
buy
buy zee above 265 sl 260 t 272
dlf above 308 sl 302 t 315
bgrenergy sl 502 t 525
munjalauto sl 107.2 t 115
dlf above 308 sl 302 t 315
bgrenergy sl 502 t 525
munjalauto sl 107.2 t 115
PRE-OPEN
Nifty will remain volatile between 4881-4920
Marekt will behave in the same yesterday fashion same will happen today and Indian markets will finally dip and close in Red after trading within 481-4920.
Selling formation yesterday with good volumes and expected that Nifty will move moving below 4890 and will test 4850 in the coming sessions.
I always send Pre-Open Market Outlook but not possible to send Mid-session outlooks and Post-closing report(with Future outlook). But any one can view by visiting my blog www.mrktmood.blog.com any time to get benefit of my postings during and after trading hours.
Marekt will behave in the same yesterday fashion same will happen today and Indian markets will finally dip and close in Red after trading within 481-4920.
Selling formation yesterday with good volumes and expected that Nifty will move moving below 4890 and will test 4850 in the coming sessions.
I always send Pre-Open Market Outlook but not possible to send Mid-session outlooks and Post-closing report(with Future outlook). But any one can view by visiting my blog www.mrktmood.blog.com any time to get benefit of my postings during and after trading hours.
POST MRKT budget
Everybody could easily Annalise that market today would close in Green, because all the cues available in the morning were positive & nifty closed above 4900 levels @ 4914 that is the positive indication for tomorrow.
If you had gone through my morning post you will find almost all the individual stocks given in the morning did well and all closed in green and positive territory (tatastl, hindalco, ril, tatamotors, suzlon,)that was simply 100% true predication and will continue to pursue the same for our valuable clients.
Now nifty have to close above new highs i.e, 4930 / 4952 / 4981 for the continuation of the uptrend. But however it appears that profit booking is coming at regular interval , so a very cautious approach have to be adopted as UNION BUDGET is near and market are expected to be highly volatile with wild swings both ways. So trade very light and trade only with the stop loss and avoid low volume stocks for now.
If nifty does not sustain 4920 for rest of the week then gives closing below 4900 then chances are there that it may touch 4650 within this month itself( in circumstances of unfavorable budget)
Lastly be stock specific ......
If you had gone through my morning post you will find almost all the individual stocks given in the morning did well and all closed in green and positive territory (tatastl, hindalco, ril, tatamotors, suzlon,)that was simply 100% true predication and will continue to pursue the same for our valuable clients.
Now nifty have to close above new highs i.e, 4930 / 4952 / 4981 for the continuation of the uptrend. But however it appears that profit booking is coming at regular interval , so a very cautious approach have to be adopted as UNION BUDGET is near and market are expected to be highly volatile with wild swings both ways. So trade very light and trade only with the stop loss and avoid low volume stocks for now.
If nifty does not sustain 4920 for rest of the week then gives closing below 4900 then chances are there that it may touch 4650 within this month itself( in circumstances of unfavorable budget)
Lastly be stock specific ......
Tuesday, February 16, 2010
Short term is up now after saving of long term trend at 200-day EMA. Next resistance range is 4920-4950 and intermediate term trend will be up above 4951. It is expected that 4951 will be crossed finally after some consolidation between 4920-4950 in the coming sessions.
Sentiment heated therefore Green closing after some voltality expected today
Sentiment heated therefore Green closing after some voltality expected today
just watch out
just loot at jain irrigation and sbi,,
jain on fire.....................and sbi soon will........
jain on fire.....................and sbi soon will........
Monday, February 15, 2010
TENSION
The moment you are in TENSION
you will lose your ATTENTION
and you'll feel IRRITATION
This may spoil your personal RELATIONS
ultimately; you won't get CO-OPERATION
and get things into COMPLICATION
Then you may raise CAUTION.
And you have to take MEDICATION
Why not try understanding the SITUATION
And try to think about the SOLUTION
Many problems will be solved by DISCUSSION
Which will work out better in your PROFESSION
Don't think this is a free SUGGESTION
It is only for your PREVENTION
If you understand my INTENTION
You'll never come again into TENSION!!!!! !!!!!!!!!
you will lose your ATTENTION
and you'll feel IRRITATION
This may spoil your personal RELATIONS
ultimately; you won't get CO-OPERATION
and get things into COMPLICATION
Then you may raise CAUTION.
And you have to take MEDICATION
Why not try understanding the SITUATION
And try to think about the SOLUTION
Many problems will be solved by DISCUSSION
Which will work out better in your PROFESSION
Don't think this is a free SUGGESTION
It is only for your PREVENTION
If you understand my INTENTION
You'll never come again into TENSION!!!!! !!!!!!!!!
Sunday, February 14, 2010
Trends
SGX -36 NIKI-40 CRD$74.23
NIFTY 4850-4881 ON UPS & 4700-4781-4750 ON DOWNS
BUY
AIRTEL
HOEC SL 263
SGOA SL 375
JAIPRA SL 130
ACL SL 99
FINTECH SL1395
NIFTY 4850-4881 ON UPS & 4700-4781-4750 ON DOWNS
BUY
AIRTEL
HOEC SL 263
SGOA SL 375
JAIPRA SL 130
ACL SL 99
FINTECH SL1395
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UNIT LIKED PLAN
TERM 8 YEARS WITH 2 YRS EXTENDED LIFE COVER
PREMIUM PAYING TERMS 3 YEARS OR SINGLE PREMIUM
HIGHEST NAV OF 1st 7 YRS TO BE CONSIDERED FOR MATURITY
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THIS POLICY IS A CLOSE ENDED PLAN , MEANS ONLY FOR A LIMITED PERIOD.
GOOD LIFE COVER, LEAST ALLOCATION CHARGES COMPARED TO OTHER COMPANIES.
EXPERTS SAYS THAT ITS THE BEST PLAN ANY INUSRANCE COMPANY HAD EVER LAUNCHED.
FOR FURTHER INFORMATION , CAN CALL ME
With Kind Regards,
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(S.B.SECURITIES)
Cell : 9898489977 / 8000889977
Office : 0265-2230014
Thursday, February 11, 2010
Wednesday, February 10, 2010
Titagarh
I told in the morning Titagarh as recommeneded for buying in the morning @ 410 is all on fire......444 and still rock solid.
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single premium Rs 40000/-
pre- opening
Wave-3(bullish) is still on even after on going deeper correction. Following levels are key supports of wave-3 and Nifty is testing it:-
1- 4693- Top of wave-1 and Nifty should not move below it in corrections.
2- 4672- 200-day DMA- markets are used to test it in corrections
3- 4766- Nifty consolidated on Nov 6 above it and wave 3 corrections trend line is passing from this point as well as Nifty got support here on 29th jan 2010
Nifty is falling in channel and its upward break out will give first upward confirmation and sustaining above 4951 will mean strong up moves.
IIP numbers will be declared today and I don't know how these will be? Whatsoever may be IIP numbers but as per my view Indian markets will move after that. Asian markets are positive today and SGX Nifty is trading with good gains today AND Indian market will close in Green after positive opening and whole day Green trading. I am telling it not only today after watching Asian markets and SGX Hifty but I told these lines in Future outlook of yesteraday Post closing report also:-"my view is bullish for Indian markets and expecting that Indian markets will cross 4830 in the coming sessions and rally will remain continued"
1- 4693- Top of wave-1 and Nifty should not move below it in corrections.
2- 4672- 200-day DMA- markets are used to test it in corrections
3- 4766- Nifty consolidated on Nov 6 above it and wave 3 corrections trend line is passing from this point as well as Nifty got support here on 29th jan 2010
Nifty is falling in channel and its upward break out will give first upward confirmation and sustaining above 4951 will mean strong up moves.
IIP numbers will be declared today and I don't know how these will be? Whatsoever may be IIP numbers but as per my view Indian markets will move after that. Asian markets are positive today and SGX Nifty is trading with good gains today AND Indian market will close in Green after positive opening and whole day Green trading. I am telling it not only today after watching Asian markets and SGX Hifty but I told these lines in Future outlook of yesteraday Post closing report also:-"my view is bullish for Indian markets and expecting that Indian markets will cross 4830 in the coming sessions and rally will remain continued"
Tuesday, February 9, 2010
This correction of march 2009 rally was at stake and now fresh upmove has been started after almost testing 200-day DMA and saving 4766. As very good selling at higher levels therefore consolidation requires for every rise and at each level. upmove is intact and Intermediate term trend will be up above 4951. As rally started after consolidating near 4766 therefore new high expectations are alive
Once again buy IOC, cabinet to discuss of Parekh recommendation and may rise the price of petrol & diseal today
Once again buy IOC, cabinet to discuss of Parekh recommendation and may rise the price of petrol & diseal today
Markets @ Noon
Market opened absolutely flat at 4793 and made high of 4826 , there after it had been zigzag almost snake & ladder pattern.
Since last 15 days market have been trading in a range of 4665-4830 , breakbelow or breakabove any of the level will decide the next trend.
One thing should be observed that when market falls, it falls in volume and when rises, volume is very low, so it means there still persists weakness in the market, so one can adopt sell on highs (4900-4950) levels and buy at lows (4735-4685)levels
till noon advances have outnumbered declines.
Since last 15 days market have been trading in a range of 4665-4830 , breakbelow or breakabove any of the level will decide the next trend.
One thing should be observed that when market falls, it falls in volume and when rises, volume is very low, so it means there still persists weakness in the market, so one can adopt sell on highs (4900-4950) levels and buy at lows (4735-4685)levels
till noon advances have outnumbered declines.
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