Good opening but another weak day for NIFTY, it may close flat to (5-10) pts negative. If it trade below 4800 with good volumes, then panic start again.
On weekly basis it is very weak and go upto 4527 within this month.
Friday, May 30, 2008
Thursday, May 29, 2008
For 29/05/2008
NIFTY may open gap-up on the ground of short covering & global conditions, but selling pressure may start from 1'o clock to close market neutral to 10-15 pts negative.
Stock to watch BALAJITELE.
Stock to watch BALAJITELE.
Wednesday, May 28, 2008
For 28/05/2008
NIFTY is looking good, It may close 30-35 pts positive, Slightly short covering can be seen.
CorpBank to watch above 352 level, CentralBank may be going to bottom-out.
CorpBank to watch above 352 level, CentralBank may be going to bottom-out.
Tuesday, May 27, 2008
For 27/05/2008
Flat to positive opening, but not same closing. May be 50-60 pts negative closing for NIFTY.
Friday, May 23, 2008
For 23/05/2008
Another weak day for market. NIFTY should not close below 5020. If it does it will test the level of 4980 easily. If it doesn't it will check 5150 within couple of days.
Stocks to watch I-flex, NIIT TECH.
Stocks to watch I-flex, NIIT TECH.
Wednesday, May 21, 2008
For 22/05/2008
NIFTY is at crucial level, go for long. It will find some hurdle at 5160, if it crosses with moderate volume and trade for sometime then look for 5205 on NIFTY.
Stocks to watch : JAYSHREE TEA (above 165) & TATA COFEE (above 255).
Stocks to watch : JAYSHREE TEA (above 165) & TATA COFEE (above 255).
Monday, May 19, 2008
For : 20/05/2008
New buying will continue and take NIFTY to touch or even crosses 5200.
Stocks to watch : CLASSIC DIAMOND, PRAKASH IND, DEWAN HOUSING.
Stocks to watch : CLASSIC DIAMOND, PRAKASH IND, DEWAN HOUSING.
Wednesday, May 14, 2008
For 15/05/2008
Buying pressure will continue and take NIFTY close to 5080.
But after a pullback, new short selling may start and bring NIFTY close to its previous close.
Stock to watch INFOSYS, ORCHID, HINDALCO.
But after a pullback, new short selling may start and bring NIFTY close to its previous close.
Stock to watch INFOSYS, ORCHID, HINDALCO.
Tuesday, May 13, 2008
For 14/05/2008
A hopefully consolidated range bound trading session. Nifty should manage to close above 4980. You may see a slightly short covering in NIFTY & SENSEX, but may see profit booking in NIFTY Jr.
Thursday, May 8, 2008
For 09/05/2008
For today NIFTY will trade above 5100 after some trading it may take 5100 as support & 5200 as resistance.
Wednesday, May 7, 2008
For 08/05/2008
For today Nifty is again not looking good. Yesterday NIFTY maintain the 5100 level but it may breach today.
You can take buy on BARTRONICS for trading purpose.
You can take buy on BARTRONICS for trading purpose.
Tuesday, May 6, 2008
For 07/05/2008
Nifty is not looking good for today's session, It may reaches 5080 (If selling pressure still be there 5035 but may not breach it).
But take it as buying opportunity to buy heavy weight specially RELIANCE.
But take it as buying opportunity to buy heavy weight specially RELIANCE.
Monday, May 5, 2008
For 06/05/2008
Nothing To Much Worry In NIFTY. It May Cross 5300 In Couple Of Days And 5400 In Couple of Week.
Stock specific :
TTML should go 25% up from these level (CMP 37.55).
You Can Buy GAIL Above 450 With SL 440 For Tgt Of 480.
Stock specific :
TTML should go 25% up from these level (CMP 37.55).
You Can Buy GAIL Above 450 With SL 440 For Tgt Of 480.
Back in action
Sorry friends to keep you wait for such a long time.
Thanx for your patience.
Now I am back & will meet you daily.
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