Advice for – Monday, October 27, 2008

BSE Sensex: (8701) As we said there are tough times ahead and the market cracked, the market still does not display any signs of strength as yet but the Strong support at 8508 is still there and we are now into F&O expiry week, I guess this is action time due to short covering rally.
The support for the Sensex is 8508-8048 and the resistance to the up move is at 9400.
Nifty: (2584) the support for the Nifty is at 2517-2411 and the resistance to the up move is at 2954.
As we discussed earlier, the strong support level of 8320 in our analysis of the market. The market may see real crises of this support level breaks and market then, may see lows of 6500 in comming months. So guys stay alert and still i say to invest small part of your amount at every fall of 7-8%. And This is the real time to go for long term investments. Short term would not provide you with big profits but long term will (surely).
    Shortly we would publish a list of stocks only on EquityPandit.com which is worth buying in this kind of market and would surely pay you good profits.

Advice for – Friday, October 24, 2008

As we have seen yesterday, market already reached our assumed level of support i.e. 9700 for Sensex and 2907 for Nifty. Now the next support level would be 9325 for Sensex and 2871 for Nifty. RIL’s good result can’t help much.

So market is rushing towards EquityPandit.com’s assumed bottom target of 8310-8500, as we already had an analysis in our earlier post Indian stock Market, a copy of its own History.
Now if the market has to go up then it still requires one UP day and that should be enough, until then, there is tough times ahead.

Advice for – Thursday, October 23, 2008

Market is assumed to see downtime today. Market may start with negative indeces and  would remain negative throughout the day. Today few second quaterly results of some big companies are also going to be produced, so market would react to those result also. But overall market would be down.
    Time to start investing some of your money. Now start buying some of the stocks of companies with good fundamentals. And I would suggest to go for long term investments (atleast 1 year), so that you guys can make good profits.

Advice for – Wednesday, October 22, 2008

 

The Indian stock market to see some downtime today. Yesterday market was up due to short covering. Still bear would be there in the market.
The support for the Sensex is 10300 and the resistance to the up move is at 10919-11542. And the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3324-3496.
       Today some uptime would also be seen in the market trend but it would not last long so guys, take care of timing for today’s trade.

 

Advice for – Tuesday, October 21, 2008

 

Market is assumed to see some positive spikes today, but indicator suggest both side movements. Still market is in negative zone for medium term and bear market is not ended.
The support for the Sensex is 9700 and the resistance to the up move is at 10919-11542.
And the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3313-3478
So let’s see if government will take steps like this(Repo rate cut and CRR cut) then bear will soon eliminated from the market.

 

Advice for – Monday, October 20, 2008

Today, Market is assumed to start higher, But second half would totally depend on the second quarterly results of the companies which are going to be produced today. The market would surely react to these results.
Next Supports for sensex are 9700-9325-8508 and Resistance would be 10919-11542.

Advice for – Friday, October 17, 2008

 

Market is assumed to see both up and downtime today in trading session. Day to stay active and conscious. You can go for both intraday and shortselling but timing is very important.
BSE Sensex: (10581) we were expecting a test on the previous low of 10240 and market reached that level and made a new low of 10018. The market came of its low in the late trading session due to the psychological 10000 mark but gave up its gain in the last hour. Now if 10000 goes than 9700 is a strong support to deal with.
The support for the Sensex is 10000-9700 and the resistance to the up move is at 11410.
NSE Nifty: (3269) the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3378-3411

Volumes suggest that market creates temporary bottom and comes into consolidation phase n again it will make new lows cyclically so just wait n watch.

Advice for – Thursday, October 16, 2008

div align=”justify” /divdiv align=”justify”Still not a very good time for the market. Even though CRR cut is there it will shows it’s effect in the medium term specially on the banking system so market wont take it positively unless we get clear clues from global market. Cause market will stabilized only if FII selling will stop./divdiv align=”justify” /divdiv align=”justify”strongBSE Sensex:/strong (10809) So far the structure still looks weak and we see a retest on the previous low 10240.The support for the Sensex is strong10240-10000-9700/strong and the resistance to the up move is at strong11410.br //strongbr /strongNSE Nifty:/strong (3338) the support for the Nifty is at strong3198-3000/strong and the resistance to the up move is at strong3491./strong/divdiv align=”justify”strong/strong /divdiv align=”justify” /div

Advice for – Wednesday, October 15, 2008

div align=”justify” /divdiv align=”justify”Today, Indian market is assumed to go down. Lot of selling would be done today to book profits. Market would end lower for the day.But Lamp;T result, today, can cause a lot of recovery in the market. So timing would be important factor for today’s trading./divdiv align=”justify” /divdiv align=”justify”The support for the strongSensex/strong is strong11180/strong and the resistance to the up move is at strong11761-12230/strong/divdiv align=”justify”br / The support for the strongNifty/strong is at strong3468/strong and the resistance to the up move is at strong3620-3702-3751/strong/divdiv align=”justify”strong/strong /divdiv align=”justify” /div

Advice for- Tuesday, October 14, 2008

div align=”justify”Today a very good day for Indian and Global market, Indian Market is assumed to see a lot of uptime today. Market would rise today. A lot of buying would be seen in market today. /divdiv align=”justify”br /BSE Sensex: (11309) our upward bias turned out to be a strong up move, capable of further upside from here. The support for the Sensex is strong11000/strong and the resistance to the up move is at strong11761-12230 /strong/divstrongdiv align=”justify”br //strongNifty : (3490) the support for the Nifty is at strong3300/strong and the resistance to the up move is at 3620-strong3702-3751br /Sensex would go up for short time, So guys you can encash your shares which you bought few days earlier (when i suggested you to buy shares)./strong/div

Advice for – Monday, October 13, 2008

div align=”justify”/divp align=”justify”/pp align=”justify”Today There would be some relaxation in Indian Market. Both uptime and downtime would be seen in Market. The overall Market would be down or flat. You will get a good time to react, whether to go for shortselling or intraday…./pp align=”justify”So guys all the best for today’s trading……/p

Advice for – Friday, October 10, 2008

Today market is assumed to go down sharply. Market would start at a big lows. Lot of buying was seen in U.S. and global markets. This time is really good for long term ( 6-12 months) investments.br /Today the time to play at margins, but very carefully.

Advice for – Wednesday, October 08, 2008

Market today is assumed to go down. Still the crises didn’t finish. The next support for sensex would be strong11150/strong and resistance to move up would be somewhere between strong12152-12352/strong. As per Nifty is considered, the support would be strong3401-3566/strong and the resistance to move up would be somewhere between strong3714-3768/strong. It would be very hard for market to cross these resistance levels, but anyhow if it crosses these levels, it would be very good for Indian markets.br /br / strongFor today, advice is to go for shortselling in morning and intraday in afternoon, depending upon How the Market starts ?/strong

Advice for – Tuesday, October 07, 2008

div align=”justify”/divdiv align=”justify”Today Market is assumed to open up somewhere around 100 points. At the end of the day market is assumed to close at 2% down. It is a very good time to buy shares and keep it for some time to book good profits./divdiv align=”justify”/divdiv align=”justify”We assume that 11,200 points would be a very strong support to sensex and if market crosses this support than next support would be 10,500 points./divdiv align=”justify”/divdiv align=”justify”strongMarket is assume to recover soon so we strongly recommend to buy shares at this point./strong/divstrong/strong

Advice for – Wednesday, October 01, 2008

Hi Guys,br /br / Today may be a good day for market. Market is assumed to recover and go up today. A lot of buying would be seen today. The global market is increasing and lot of buying has been seen in global market.br /br / So guys make profit by selling your shares……