November 21, 2008 AT 4:18 PM
As we predicted in the morning before the market started that in today’s session Indian stock market would close in positive as shorts may be trapped and the same happened in today’s market session. Indian Stock market ended today with 5.5% positive mark due to effect of short covering. Huge buying was seen in power, oil & gas, capital goods, banking, telecom and technology stocks. At the end of the day: Sensex: 8915.21 (+464.20 Points up) Nifty: 2693.45 (+140.30 Points up) Among the frontrunners, Reliance Infrastructure, Reliance Communication, Sterlite Industries, NTPC, Maruti Suzuki, HDFC, SBI and NALCO were up 8-14%. However, DLF, Unitech, ACC, Tata Communication and Tata Power remained under pressure. So guys today also you all might have booked good profits as everybody was assuming today’s s
November 18, 2008 AT 8:57 PM
As we assumed in the morning market see downtime. Market breached the support level of 9267 for sensex. As we told earlier, Market may see some levels of 6500-7000 levels in near future after breaching the support level of 8320 for sensex. It’s not a good time to buy for investors, still we would say to wait and only wait. Today market ended with: Sensex: 8937.20 (-353.81 Points down) Nifty : 2683.15 (-116.40 Points down ) We guys might have made good profits today as we assumed this situation beforehand in morning. So guys we would always be there with you in this bear market. So stay connected and keep visiting....
November 13, 2008 AT 12:58 PM
INDIA: India’s Inflation falls to 8.98% this Thursday. The fall was mainly on account of a 3.4 per cent dip in fuel and power prices. Aviation turbine fuel prices dipped by 18 per cent. inflation rate was expected to have eased to around 10.4 per cent in early November, but the results were better than expected. Inflation was pushed to double digit numbers in the first week of June after a hike in retail fuel prices. Inflation is expected to come down further due to the lower fuel and steel prices, largely all commodity prices were lower in that week. So this can be make investors to smile.
November 6, 2008 AT 3:18 PM
As we assumed in the morning market was seen having downtime today. Market is assumed to see more down time in coming days. As we told bear didnot end and market would again see the previous lows in near future.Metal stocks led the crash followed by oil, telecom, technology, banking and auto stocks. Midcap and small cap stocks were also under pressure. We already assumed in the morning that first support point would be 9704 for sensex and 2863 for nifty, and the same happened. At the end of the day: Sensex: 9734.22 ( -385.79 Points down) Nifty : 2892.65 ( -102.30 Points down ) Market would see some more downtime in coming days. Hope you all sold your stocks and booked profits. Now in coming days you will get opportunity to buy all these stocks at much lower rates. Stay connected to book profits......
November 5, 2008 AT 4:56 PM
As we assumed in the morning that profit booking would be seen at 10763-11402 levels of the sensex, and the same happened. Although the global market was up but no impact was seen on Indian Stock Market as we assumed beforehand. The market would see the downtime again and it would again reach the earlier lows. This is time to book profits by selling the stocks. Buy the stocks again at 8500-9000 levels. Soon we are going to publish the list of stocks to buy for short term and long term profits only on EquityPandit.com . So Guys, stay connected........
October 30, 2008 AT 8:10 AM
Hi, Your favourite website equityPandit.com will remain close for next 7-10 days for technical upgradation. And after 10 days we will bring new EquityPandit.com with many new features. So kindly cooperate with us and wait for our launch of new EquityPandit.com by 8th of November 2008. For next week trading tips kindly review our last post - http://www.equitypandit.com with regards, Abhishek Parakh EquityPandit.com
October 30, 2008 AT 8:03 AM
Market has seen some short covering in this F&O week, as we already posted in our last post. Now Market is going to see some down time in next week. The fear is that, if market breaks the support level of 8320 then market is assumed to see as low as 6500 in this year. And after 6500 there is no support level for market. That may create a big crises. I would suggest you all to wait and watch as market is going to see some more downtime. And if you are really investing for long term, start investing 10-10% of your amount at every downtime of 5-7% of market.
October 24, 2008 AT 5:25 PM
Many people mail me asking: - Why market is going down ? - What is this crisis all about ? - Are these crises so big, that the whole world is suffering ? - Where this all money has gone ? - Who created these crises (Financial Meltdown) ? Answer of all these question lies in one story. Which I had written in many forums and blogs and I was really appreciated for this. I know this is quite big story but Please Read whole story till end, It would just take your 5 minutes, All Your concepts would be clear after this story. Story Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollars as there were only two pieces of 1 dollar coins circulating around. 1) There were 3 citizens living on this island country. A owned the l
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