Advice for – Wednesday, December 31, 2008

 

The Indian stock market unfolded as expected and it could be up or flat on the last day of the calendar year. Crucial support to watch is 9495.

 

 Markets are remaining volatile and is giving very fast buy and sell signals . But nobody knows when these signals, may turn into decisive signal for either side. So if trading has to be done every signal has to be taken care.

 

Market would surely see down trend in the end of January 09 due to disclosure of poor corporate results, So this would be good time for profit booking i.e no deliveries or buying should be done at this time, rather it is the time to sell your stocks. Cautious day trading can be done today as market is expected to see some uptrend today and would end flat.

 

Few good stocks for day trading are Cairn india, GMR infra, RCOM, SBI, JP Associate.

 

BSE Sensex: (9716)The support for the Sensex is 9495 and the resistance to the up move is at 9675-9990.

 

NSE Nifty: (2980) the support for the Nifty is at 2900 and the resistance to the up move is at 3035.

 

Advice for – Tuesday. December 30, 2008

Today: Indian stock market may see some uptrend but overall trend would be down. The Global market is showing some strength due to fall in dollar index. Indian stock market may start with uptrend but in the next half it would be flat or show some downtrend.

No fresh investment should be done at this point of time. Profit booking can be done at this point by selling your stocks.

As we suggested the stocks to trade in yesterday’s advice, you might have got a good profit in all those stocks in one day trading session.

For today, Some good stocks to trade on are SBI, RANBAXY, RPL, UNION BANK, BHEL, JP ASSOCIATE.

Advice for – Monday, December 29, 2008

The Indian stock market was weak as expected and has closed right on our support; so far the market looks down, as there is no sign of strength-displayed on the charts. 

 

BSE Sensex: (9329)The support for the Sensex is 8564 and the resistance to the up move is at 9690. 

NSE Nifty: (2857) the support for the Nifty is at 2654 and the resistance to the up move is at 2960.

 

Cairn India, Union Bank, SBI, Petronet LNG, Noida Toll bridge can be a good buy for short term and Long term.

 

Try to make buying position only in banking stocks at this point as these stocks are assumed to recover fast.

 

Factors to be watch out : Second stimulus package, Global market.

Advice for – Friday, December 26, 2008

The Indian stock market unfolded weak as expected and has closed in the negative; so far the market looks down, as there is no sign of strength-displayed on the charts and analysis.

 

BSE Sensex: (9569) The support for the Sensex is 9531-9328 and the resistance to the up move is at 9690

 

NSE Nifty: (2917) the support for the Nifty is at 2876 and the resistance to the up move is at 2960.

 

If market closes below 2876 levels for sensex, you may sell all your stocks, bought in last few days as market would again see downtrend and a better opportunity may come in couple of days to buy again your stocks at lower rates.

 

Data to be watch out for: Inflation, Second stimulus package, as these data can make some differences. 

 

For any comments, queries and thoughts, kindly leave a comment below.

Advice for – Wednesday, December 24, 2008

BSE Sensex: (9687) our crucial support if 9895 got breached and the market cracked closing in the negative, it still looks weak and we could witness volatility on the last day of the F&O expiry.

The support for the Sensex is 9531-9328 and the resistance to the up move is at 10060-10324.

NSE Nifty: (2969) the support for the Nifty is at 2876 and the resistance to the up move is at 3027.

For any comments, queries and thoughts, kindly leave a comment below.

Advice for – Tuesday, December 23, 2008

BSE Sensex: (9928) closed below the psychological 10000 mark and we could see some more profit booking (i.e. negative trends can be seen because of some profit booking) in the days ahead if the crucial support at 9895 is been breached. Our target on the Nifty of 3113 has been achieved.

 

The support for the Sensex is 9895-9630 and the resistance to the up move is at 10060-10324.

 

Nifty: (3039) the support for the Nifty is at 3000 and the resistance to the up move is at 3113-3145.

 

For any comments, queries and thoughts, kindly leave a comment below.

Advice for – Monday, December 22, 2008

 

Our second target of 10300 level for sensex will reach soon. 

Sensex: (10100) The crucial supports on the way down are at 9600 and resistances on the way up are at 10324-10708.  

Nifty: (3078) The supports on the way down are at 2950 and resistances on the way up are at 3113-3168.

 

Trading can be done in this market, keeping crucial supports and resistances in mind.But as Wednesday is settlement day, you can book profit and stay away.  

Happy Trading,

 

For any comments, queries and thoughts, kindly leave a comment below.

Advice for – Friday, December 19, 2008

Today: Indian stock market would show some unpredictable curves but trend would be in upward direction and will face resistance @10300.

Sensex: The support for the Sensex is 9800 and the resistance to the up move is at 10324.

Nifty: (3042) the support for the Nifty is at 3000 and the resistance to the up move is at 3113.

This is the time to wait and watch. If you have some holdings then don’t sell until the market trend changes to downwards and if you have no holdings at this time then don’t buy it know.

 

For any comment, thought and queries, kindly post a comment below.

Advice for – Thursday, December 18, 2008

Yesterday, Indian stock market opened with A+ gap, sold off with Satyam spoiling the sentiments and closed in the negative…

 

Today, it looks sideways movement so just stay away till we get some confirm sign of Up-down movement.

 

BSE Sensex: (9715)The support for the Sensex is 9600-9460 and the resistance to the up move is at 9800.

 

Nifty: (2954) the support for the Nifty is at 2902-2883-2795 and the resistance to the up move is at 3000.

 

For any queries, comments and thoughts, post your comment below…..

 

Advice for – Wednesday, December 17, 2008

Today: Indian Stock Market is assumed to start with some positive index.Our first target of 10,000 levels of sensex has been reached and next target is 10,300 levels of sensex, which would reach soon.

 

Sensex: (9976) The support for the Sensex is 9800 and the resistance to the up move is at 10324.

Nifty: (3042) the support for the Nifty is at 3000 and the resistance to the up move is at 3113.

 

Some amount of trading can be done for a day or two, no medium term deliveries should be bought at this time.

 

If you feel our advices and analysis helps you, than subscribe for our daily free newsletter. 

For any queries, comments and thoughts, post your comment below…..

 

Advice for – Tuesday, December 16, 2008

Sensex: The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324.

 

Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113.

 

Book your profit around 10000 level of Sensex and stay away from market as selling pressure would be started in the market and you may see big downtrend.

 

If you feel our advices and analysis helps you, than subscribe for our daily free newsletter. 

For any queries, comments and thoughts, post your comment below…..

Advice for – Monday, December 15, 2008

Today: Indian stock market would see positive trend. Market would open with positive index. We would suggest to book profits if you can.

 

BSE Sensex: (9690) The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

 

NSE Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

 

Our first target of 10000 levels for sensex will reach soon. The FII outflow for the year 2008 till date has crossed 54,000 crores. But now Dollar index has fallen and the Commodities are going up. Rupee is rising which will give confidence to the FIIs to start investing in Indian Stock Market.

 

If you feel our advices and analysis helps you, than subscribe for our daily free newsletter. 

For any queries, comments and thoughts, post your comment below…..

Advice for- Friday, December 12, 2008

Yesterday, Indian stock market went down. Reaching our support level of 9450 for Sensex, it started moving up close marginally lower.

 

TODAY,The Auto bailout package has been canceled for now, this would be having negative effect on the market.  Market would be started in negative. IIP numbers are going to be declared today, so market would surely react to these numbers, so wait for IIP numbers to come.

 

BSE Sensex: (9645) The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

 

NSE Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

 

For any queries, comments and thoughts, post your comment below…..

 

Advice for- Thursday, December 11, 2008

Yesterday, the Indian stock market opened with a bull gap and continued its journey up and broke out of the 2-week consolidation. looks like the 10000 mark is within reach…

 

BSE Sensex: (9655) The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

 

NSE Nifty: (2928) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

 

Well bailout package for auto industries worked as a huge positive surprise.

 

As market crossed 2800 resistance levels, some buying signals are seen. Buying can be done for short period and profit can be booked in it within a day or two because any time a sudden downtrend can be seen. Remember it is a bear market.

 

For any comments, queries and thoughts kindly post a comment below…..  

Advice for- Wednesday, December 10, 2009

Dow has closed above its resistance level of 8800 which has given a technically uptrend signal to Dow. We can also view more positive signals emerging worldwide. We are seeing a fall in Dollar Index and a corresponding rise in Commodities. A rally in Asian Markets can be observed. But this doesn’t mean that Indian market would surely go up. Just watch what happens in second half of trading session. Market may start positive but may give a surprise by going down sharply at any point. So be cautious and ready for surprise at any time.

BSE Sensex: the support for the Sensex would be 8915 and the resistance to the up move is at 9320-9478-9630. 

NSE Nifty: (2784) the support for the Nifty is at 2700 and the resistance to the up move is at 2860-3113.

For any comments, queries and thoughts kindly post a comment below…..  

 

Advice for- Tuesday, December 09, 2008

Indian stock market would remain close today on the festival of Id.

In the next trading session, the support for the Sensex would be 8915 and the resistance to the up move is at 9320-9478-9630. 

Nifty: (2784) the support for the Nifty is at 2700 and the resistance to the up move is at 2860-3113.

We would suggest you to book profits in this positive rally as the market is bear and would again see the lows. At the time of lows we would suggest you to buy same stocks again at lower rates and thus booking profits.

Market may see real lows in End of December, January and Early February.  So be prepared beforehand and act accordingly.

Since our efforts and pre-analysis made us to book profits in this bear market for last few months, so stay connected and keep visiting…

For any comments, queries and thoughts kindly post a comment below…..  

Advice for- Friday, December 05, 2008

 As we predicted yesterday that market was waiting for the package for reality and infrastructure, the market bounced back sharply.

As we know the package would be announced tomorrow (Saturday) in favour of Reality, Infrastructure and banking companies.

Indian stock market would be showing positive trend for coming two trading days i.e. Friday (today) and coming Monday. The market just needs to breach 9326 levels for sensex and then we should see a sustained up move as an effect of stimulus package.

BSE Sensex: (9230) The support for the Sensex is 8850 and the resistance to the up move is at 9320-9478-9630.

NSE Nifty: (2789) the support for the Nifty is at 2750 and the resistance to the up move is at 2860-3113.

So, trading can be done on some stocks for the two day session. Few good stocks to trade would be L&T, JPassociate, GMRinfra, Unitech, DLF and of course SBI.

So Stay connected and keep visiting to book profits.

For any comments, queries and thoughts kindly post your comment below…..

Advice for- Thursday, December 04, 2008

Before proceeding further kindly spend your one minute for India, to take a step against Terrorism

Yesterday the market was exact replica of our prediction. As we predicted yesterday morning, Market opened in positive, throughout the day it was negative and ended flat due to profit booking.

The market looks undecided at this point of time. It will move in the direction it would be taken. 

BSE Sensex: (8712) The support for the Sensex is 8500 and the resistance to the up move is at 8898-8998. 

NSE Nifty: (2656) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.

Market is only waiting for the government’s package for infra and reality that’s why market didn’t go down else there is nothing to buy in market at this point (i.e. there is no reason for market to go up.)

Stay connected and keep visiting for latest updates and pre-analysis of the market beforehand.

For any comments, queries and thoughts kindly post your comment below…..

Advice for- Wednesday, December 03, 2008

Yesterday, as we predicted, the market opened with a bear gap and moved up but yet closed in the negative. It was the short covering that drove the market up.

 

Today, the Indian stock market is assumed to open in Positive and if no good news comes throughout the day the market would again end in flat of negative although the global market is up.

 

BSE Sensex: (8739) The support for the Sensex is 8500 and the resistance to the up move is at 8898-8998.

 

NSE Nifty: (2658) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.

 

For any comments, queries and thoughts kindly post your comment below…..

Advice for- Tuesday, December 02, 2008

Yesterday as we saw the market opened above 9236 but could not sustain the level and lost all its gain by closing in the negative. We could now see some more volatility but the market may come down. Political uncertainty ahead of state elections will continue to weigh on the market.

 

BSE Sensex: (8840) The support for the Sensex is 8700-8612-8532 and the resistance to the up move is at 9192.

 

NSE Nifty: (2683) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.

 

We should wait for making any buy position at this level.

 

Visit our first part of the series of analysis for the Best stocks to invest in for 2 year horizon – Part 1

 

For any comments, queries and thoughts kindly post your comment below…..

  

Advice for- Monday, December 01, 2008

Both side movements are possible in Indian stock market for today. The market would react ambiguously because of the terror attack at Mumbai. The time is to wait. Once Sensex crosses the level of 9236, the market would start to show few uptrends.

 

BSE Sensex: (9093) The support for the Sensex is 8700-8450 and the resistance to the up move is at 9450-9630-10324

 

NSE Nifty: (2755) the support for the Nifty is at 2650 and the resistance to the up move is at 2860-3113.

 

Today is the time to watch market and not to make any buy position.

 

Visit our first part of the series of analysis for the Best stocks to invest in for 2 year horizon – Part 1

 

For any comments, queries and thoughts kindly post your comment below…..