Advice for – Wednesday, September 23, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 23, 2009 at 9:02 am
Yesterday: Nifty opened with a positive note and crosses its psychological resistance level of 5000 n closed above that.   Today: Indian Stock Market would open with flat to negative as global cues are very much silent. Also we have last two days of F&O expiry so we would be out of the market till expiry. But history suggests that Bull always have upper hand during last week of Expiry so let’s hope for the 5100 on the nifty.  ...

Nifty closes above 5000 mark, 16 months high

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 22, 2009 at 9:13 pm
The NSE Nifty mange to maintain its uptrend for the fifth consecutive session and closed above the 5,000 mark for the first time since May 22, 2008 i.e. at 16-month high. The mark 5000 was a big resistance for Nifty. The benchmark indices gained over 4% in five days.   Buying in financial, technology, power, pharma, auto and oil marketing companies' shares helped the markets to stay on the higher side throughout the session. Over 0.9% gain in European markets and 0.6% upside in US index futures were also supportive to the indices. ...

FII and DII Activity on Tuesday, September 22, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 9:01 pm
FII and DII activity that was seen on Tuesday, September 22, 2009 is shown below. The report shows that FII were net buyers of Rs 852.73 crore where as DII saw selling of Rs 539.14 crore.    ...

EP Analysis: Long Term Investment vs. Market Timing

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 19, 2009 at 11:48 pm
If you ask several people what long-term investing meant to them, you might get different answers. Some may say 10 to 20 years, while others may consider five years to be a long-term investment. Individuals might have a shorter concept of long term, while institutions may recognize long term to mean a time far out in the future. This variation in interpretations can lead to variable investment styles. For investors in the stock market, it is a general rule to assume that long-term assets should not be needed in the three- to five-year range. This provides ...

Advice for – Friday, September 18, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 18, 2009 at 8:46 am
Yesterday: As we said Nifty opened with a good positive note but as it reaches to its psychological resistance level of 5000 it came under pressure but still it manages to close above 4958.   Today: Indian Stock Market would open with flat to negative gap as global markets are quite. As a trader I would be very caution as F&O expiry week is very near so try to avoid big trading do it in small qty only   ...

Huge buying seen by FII on Thursday, September 17, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 17, 2009 at 8:09 pm
FII and DII activity that was seen on Thursday, September 17, 2009 is shown below. The report shows that FII were net buyers of Rs 2759.46 crore where as DII saw buying of Rs 186.24 crore.    ...

FII and DII Activity on Wednesday, September 16, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:40 am
FII and DII activity that was seen on Wednesday, September 16, 2009 is shown below. The report shows that FII were net buyers of Rs 1105.64 crore where as DII saw buying of Rs 143.45 crore.     FII trading ...

Advice for – Thursday, September 17, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:36 am
Yesterday: As we said Nifty opened with a good positive note but as it reaches to its resistance level it came under little pressure but still it manages to close above 4958.   Today: Indian Stock Market would open with positive gap as global markets are quite supportive it would be interesting to see whether nifty would touch the mark of 5000 or not. But history normally tells that when we are nearer to our resistive psychological mark nifty took two-three ...

Advance tax collections point towards strong recovery

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 16, 2009 at 8:42 am
Advance tax collections for the second quarter of the current financial year (2009-10) have shown strong growth of 35 to 40 per cent across industries, reinforcing the government’s hopes of a sooner-than-expected recovery. Although total tax collections are yet to be officially collated, Mumbai’s large tax payer unit has collected Rs 2,628 crore in the second quarter against Rs 895 crore in the last quarter. Higher advance tax payment by some of the top firms in the second installment of 15 September 2009 means their profits may rise in Q2 September 2009 ...

Advice for – Wednesday, September 16, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 8:28 am
Yesterday: As we said Nifty came out with its consolidation phase & as it break 4859 nifty future touches the level of 4900.   Today: Indian Stock Market would open with positive gap as global markets are quite supportive but as we are in the big resistance zone of 4950 I would be caution on the market but technically the target of the market is 5000.  ...

FII and DII Activity on Monday, September 15, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 15, 2009 at 8:38 pm
FII and DII activity that was seen on Monday, September 15, 2009 is shown below. The report shows that FII were net buyers of Rs 776.1 crore where as DII saw buying of Rs 133.44 crore.     FII trading ...

Advice for – Tuesday, September 15, 2009

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 9:05 am
Yesterday: Again boring day for the traders as sensex again not showing any direction for the fifth straight session. Even though we had a weak Asian cues & also Europe opened in red but still our market has not shown any downside movements & still manage to close above 4800.     Today: Indian Stock Market would open flat to positive ...

Advice for – Monday, September 14, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 14, 2009 at 8:16 am
Last Trading Session: Market opened flat and consolidated throughout the day as global cues are not supportive also Europe opened with green but our market failed to cross it’s major resistance of 4850.   Today: Indian Stock Market would open quite negative as Asian markets opened in deep red. But again big dip comes with big opportunities so keep buying at all good support. On Nifty side 4777 is a major support which can change the market direction on either side....

FII and DII Activity on Friday, September 11, 2009

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on September 11, 2009 at 7:39 pm
FII and DII activity that was seen on Friday, September 11, 2009 is shown below. The report shows that FII were net buyers of Rs 228.77 crore where as DII saw selling of Rs 294.2 crore.     FII trading ...

Advice for – Friday, September 11, 2009

  • SOURCE: EquityPandit.com | Written by D.J. Shah on at 8:48 am
Yesterday: Was a consolidation day for the market as market opened with a huge positive gap led by positive global cues but fail to sustain the gain as European market opened negative. But interesting thing was market won’t cross its resistance level of 4850 at the time of closing.   Today: Indian Stock Market would open pretty flat as global cues are quite ...