Trends

As last friday selling signals emerged therefore I was indicating for down move possibilities for the last 2 sessions and it was seen yesterday. Selling observed in last 3 sesssions within 5280-5325 and for crossing this range consolidation is must. Good support is within 5205-5225.
I told yesterady that Indian markets are mature for short term correction. Short term trend will be seen below 5183 and intermediate term will down below 5049. coming sessions trading range will be 5225-5280 and within this range Indian markets will prepare for next moves. Now be bullish either after complete consolidation patterns or after Nifty cossing 5330 and bear phase will be below 5183.

Today trading range will be 5225-5280 and coming sessions intraday charts within it will decide that Nifty will break 5330 or 5183.

stocks

STOCKS ONGC OILINDA INFOSYS TCS DLF H
DIL RELINFRA RIL WELSPUN GUJ SUNPHARADV SIEMENS ADHUNIK METALS
PLS TRADE IN INDEX HEAVY WEIGHT WITH D NIFTY ST

Trends

5100-5150 is strong support range and for breaking down this range complete selling formations are required at higher levels and this range is not going to break down easily. I am telling continuously that 5250-5290 is strong resistance range also therefore for breaking out this range complete consolidation is required.
Nifty traded and consolidated last week within 5220-5260 but Short term correction started in many Global markets therefore almost all the Asian markets closed in Red yesterday. Deep Red trading European markets and more than 55 points down Dow's futures also triggered Indian markets down move and Indian markets closed at the lowest of the day little above 5200 yesterday. weak Global cues were the main reasons for down moves yesterday.
Last week intraday charts are not showing selling formations. Fresh selling requires in the coming sessions for Nifty sustaining below 5200. All trends are up and yesterday down move was only the result of weak global cues and only due to dampened sentiments Nifty broken down support range of 5215-5230. Nifty intraday chart of yesterday is showing consolidation formations therefore expected that Nifty will finally sustain above 5230 and rally will remain continued to cross 5300 in the coming sessions.
For up trend confirmations 5230 should be watched today and Nifty sustaining above it will give confirmation to Nifty testing of last resistance range of 5250-5290. Expected that Nifty will finally cross it and sustain above 5300. As Dow's futures was trading more than 55 points down yesterday therefore Indian markets opening will depend on the cues of global markets but expected that Nifty will finally sustain above 5230 and rally in Indian markets will remain continued.
Intraday long positions can be initiated if Nifty sustains above 5230 and fresh shorting positions only after confirmed distribution patterns.

DUE 2 F&O EXPIRY MRKTS WLD B VRY VOLATILE MA
Y OPN IN GREEN BUT MAY CLS FLAT BE STOCK SP
ECIFIC WITH THE NIFTY STOP OF 5180. SIEMENS ADHUN - via WAY2SMS.COM

TRends

In fact this is  psychologically bad news and virtually having no immediate harming impact. 3 following historical examples will clear the impact of this news also;-

1- US Fed hiked Discount rate by 25 bps on 18-02-2010 after closing of their markets and next day in reaction Asian markets were more than 2% down and Dow's futures also traded more than 90 points down but no adverse impact was seen and US markets closed in Green on 19-02-2010.

2- SGX Nifty was more than 200 points up on 19-05-2009 but Nifty opened flat and closed in Red same day(It was next day after post-election results double upper-freeze session).

3- Markets moves on technicals and not much effected by news. All trends were up before the begining of Kargil war on 08-05-1999(Sensex @3707) and during war short and intermediate term trend trends turned down but long term trend always remained up. on July 4 when Pakistan P.M.Sharif agreed to withdraw Pakistani forces Sensex was at 4194. Sensex gained 487 points during that war when Nuclear war fear was in every one mind.

As per my view this news is positive and being taken negative due to psychological reasons and without understanding its implications. WOrst situation will be weak opening and that will provide buying opportunity immediately after first sign of consolidations. Sharp rally expected in Real Estate,Auto,Banking interest sensetive sectors as well as in Indian markets next Monday.

STOCKS WATCH

STKS WATCH

HARRISON T 135-145
BILT T 26.50
MARICO T 112-15
GAIL
GRAPHITE
JAICORP
NTPC
MERCATOR

NEW LISTING: UNITED BANK OF INDIA

pre- opening

DOW+48 NAS+11 S&P+7
NIKKI-23 HSG+5 SGX+4

NIFTY RANGE : 5248-5261-5281 ON UPS & 5210-5189-5162 ON DIPS

MRKTS 2 OPN FLAT 2 +VE .

Stocks

Stocks watch
tataspong
hotel leela ,indhotel
mundraport
icici
sbi
everonsys
nalco
hindalco
bajajstl
indowind
manappuram
diamond cable 4 deli

Markets 2day

I had told about the upward break out possibility of last 6 days range and it was seen yesterday when Nifty crossed range by force. Nifty crossed 5200 yesterday and will test last strong resistance range(5250-5290) of march 2009 rally in the coming sessions. As this range is strong resistance therefore narrow range trading will be seen within it for some days. Indicators are in overbought zone therefore short term correction may be seen within this range. 5100 is now strong support and March 2009 rally is very much safe above it.

Sentiment heated after yesterday sharp rally therefore voltality is possible today and buying should be done after completion of intraday corrections and buying immediately after opening will be little risky. As last resistance range is strong therefore Nifty will take some sessions within it for consolidations to cross 5290.

No selling signal at this moment therefore only very short term shorting trades with small targets are possible in heated sentiments like today. May go long after completion of intraday corrections.


Gap up opening and most of the time positive zone trading above 5200 will be seen and today expected trading range is between 5195-5250.

pre- opening

DOW+44 NAS+16 S&P+9
FTSE+27 CAC+48
NIK+74 HSG+138 SGX+30

NIFTY 5240-5262-5281 ON UPS & 5181 ON DIPS

GAP UP OPNIN & +VE CLSING EXPECTED

STOCKS WATCH

INFALTION DATA & ADV TAX FIG

+VE?S
NALCO GODREJ LIC HSG COLGATE TCS KOTAK BANK TAT
ASTL HINDALCO

-VE'S
NIFTY MARUTI SBI HDIL

STOCKS WATCH

NIFTY RANGE 5050-5150
CLS ABV 5150 WIL LEAD 2 5250 &BLW 5050 WIL TAKE BACK 2 4850 LEVLES

MRKTS WIL BE TIGHTLY RANGE BOUND WID DWNWARD BIAS

NIFTY

NIFTY RANGE 5050-5150
CLS ABV 5150 WIL LEAD 2 5250 &BLW 5050 WIL TAKE BACK 2 4850 LEVLES

MRKTS WIL BE TIGHTLY RANGE BOUND WID DWNWARD BIAS

MARKETS TODAY

US MRKTS +VE
NIK+43 HSG-23 SGX-10

NIFTY 5148-5162-5181 ON UPS 5110-5080 ON LOWS

MRKTS WIL OPN FLAT
WIL VRY RANGEBOUND TRD
+VE CLSIN EXPTD

Nifty traded last three days most of the time within 5100-5140 and this range break out will give strong move to Indian markets. Only Intraday charts analysis have power to tell in advance the side of break out and taking position for that side in advance will give real profits. Last 3 days analysis is suggesing upside break out possibilities but yesterday US marets intraday charts are showing selling formations also and all the global markets are flat and prepared to blow up therefore cautious approach is must because signals are completely mixed.

Firstly trading within 5100-5140 will be seen and its break out and sustaining beyond will give confirmation. As intraday charts of Indian markets are showing consolidation formations therefore view is positive but I am cautious and trading is advised after complete confirmations

stocks watch

stocks watch
ibreal sl 172.2
sujnametal sl 34.80
abb sl 825
suzlon sl 76
essaroil sl 142
icicibk sl 902
rcom,gammonind
relcap sl 800

mrkts 2day

US MRKT CLS FLAT 2 +VE
NIK+90 HSG+19 SGX+12
NIFTY: 5130-5145-5164 ON UPS & 5097-5079 ON DWNS
MANINFRACON LISTIN 2DAY

MRKT 2 OPN & CLS +VE

markets 2day

Markts 2 opn flat 2 +ve.

nifty wld trade within 5080-5145 & break up/below ma decide further trend

tmotors aleyland looks good 4 deliver

markets 2day

Markts 2 opn flat 2 +ve.

nifty wld trade within 5080-5145 & break up/below ma decide further trend

tmotors aleyland looks good 4 deliver

Market 2day

DOW+11 NAS+8 S&P+2
NIKI-8 HSG-31 SGX+3

NIFTY : 5115-5135 ON UPS & 5079-5065 ON DWNS

STOCKS WATCH

IVRCLINFRA
VIDEOCON
INFOSYS WIPRO
NMDC

Market would open flat 10 point nifty +/- and may trade down with low volumes.
It would be a choppy and a lackluster trade.
Sell on high is the recommendation .

Essar eng london listin
sbi funds raising
tmotors daimler 2 sel 5.34% stake
ril bid for lyondell rejected

sel nifty wit sl 5162 t 5100-5078

buy raymonds sl 230

last told to buy fch at 167 with trgt of 210 .....today its tradin at 197

PRE-OPEN

buy
petronet
gspl
purvankara
ifci
suzlon
punj
herohonda,
tatapower
axisbank
kotakmahindra

nifty 5120-5135-5155 on highs & 5075-5055-5032 on lows

mrkt to opn & close in green today

Indian markets are preparing for next move after post budget 3 days upmove and in this process Indian markets(Nifty) traded within narrow range (5050-5100) Yesterday. candlesticks of yesterday is showing bearish harami and bullish hammer patterns. Intraday charts are also showing mixed patterns therefore more preparation is required for Indian markets decisive moves and that will be seen in the coming sesions. All trends are up and global cues are also strong today morning therefore expected that Indian markets will consolidate and prepare for upmoves near 5100 and confirmation will arrive after Nifty sustaining of above it.

Asian markets are strong today morning therefore Nifty will open and trade first near 5100. As per my view more consolidation requires for next upmoves therefore today closing will be decided after watching first couple of hours intraday trading patterns.

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AMIT RATHI

MARKET TODAY

DOW+47 NAS+12 S&P+4
NIK+212 SGX+30
NIFTY RANGE: 5035-5150
NIFTY 2DAY: 5110-5135-5150-5170 ON UPS & 5050-5035 ON DOWNS

MARKET EXPEXTED ON GAP UP AND CLOSE IN GREEN

PLEASE APPLY STOP LOSS IN ALL YOUR INTRADAY TRADES.

BUY
RELINFRA SL 1010
RELCAP SL 785
IBREAL SL 168
IFCI SL 52
SUZLON SL 74
ESSAROIL SL 132
STRIDESACRO
JSWSTL








PLS TRADE WITH SL IN INTRADAY

buy relinfra above 1010 tgt 1025-1038 sl 1000

buy fch delivery buy sl 150 t 220-242(3 months holding)

buy bhusan steel sl 1675 t 1750

buy jindalsteel @ 656 sl 650 t 672

buy rilance sl 982 t 1010-1020

US MRKTS CLOSES ABSOLUTELY FLAT AND EVEN ASIAN MRKTS IS FOLLOWING THE TREND
NIKDKI+30
HSG+3
SGX-4
NIFTY 5030-5048 ON UPS & 4992-4978 ON FALLS
MARKETS WILL OPEN FLAT AND WILL TRADE IN LIMITED RANGE MAY BE WITH DOWNWARD BIAS

WATCH

RANBAXY MAY END LOWER
TCS & INFOSYS MAY ATTRACT SOME SELL OF
LYONDELL REJECTS RELIANCE BID OF $14.5 BN

Morning

Please type "join mrktwatch" from your mobile & send to 567678 to receive free stock market updates for free....

BUY WITH 2DAYS OR FRIDAY'S LOW AS STOP LOSS
IFCI
SUZLON
SBI
PNB

+VE OPENING & CLOSING EXPECTED 2DAY.

BUY WITH 2DAYS OR FRIDAY'S LOW AS STOP LOSS
IFCI
SUZLON
SBI
PNB

+VE OPENING & CLOSING EXPECTED 2DAY.

DOW+78 NAS+35 SGX+54
NIFTY 4950-4981-5000 ON UPS & 4881-4860 ON LOWS
LNT SL 1550
HHONDA SL 1750
IDFC SL 156
SESA SL 395
MBEAR SL 73
RCAP

We had been constantly telling you about the up moves since the beginning of this month.
We very Clearly told you that on the day of budget up moves to the extent of 5000 would be seen, However profit-booking in the last 30 minutes whitewashed the major portion of the gains.But does not mean that market is in bearish mood.

Markets are wiser the us. They just not trade as per our expectation. Markets are emotionless and without sentiments, In other word they are very practical .

Today Market are expected to open gap up and may try to kiss 5000-5020 in northwards with ultimate aim of 5150 in coming days. However in a very short term trade , please always trade with the stop loss, because markets are wiser than us, so on the lower side use 4850-4800 as stop loss and trade upwards.
Markets will close in green today.