Sensex ends below 10K !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on October 17, 2008 at 3:17 pm
   As we assumed in morning that market would see both uptime and downtime, market followed the same trend today. We already assumed in morning that market would create new lows today, and the result is here. Market ended below 10K ! At the end of the day market ended with: Sensex: 9975.35 ( -606.14 Points down) Nifty : 3074.35 ( -194.95 Points down ) But friends, even in this downtrend, you might have earn a good profit today as we assumed the market in morning. So guys, get ready for our tomorrow's post, our hard work for last 1 month, The big research and analysis on the market. Stay connected........

Advice for - Friday, October 17, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:35 am
  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 ...

Markets ended sharply lower !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 2:20 pm
 As we assumed in morning market was down for the whole day, no big effect was seen by decrease in CRR by Finance Minister. Market is now totally dependent on FII inflows and outflows. For more details you can visit our Post Role of FII in Indian Stock market. Market ended lower led by sell off in oil, capital goods, technology, auto and power stocks, though they saw V-shape kind of recovery in the second half of session after the free fall in the first half of the session. Recovery was led by short covering as well as some buying in the overbeaten down stocks. At the end of the day: Sensex:10581.49( -227.63 Points down ) Nifty: 3269.30 ( ...

Advice for - Thursday, October 16, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:35 am
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" ...

Forthcoming results on Thursday, October 16, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on October 15, 2008 at 3:41 pm
div align="justify"The second quater results of the following companies are going to come tomorrow on Thursday, October 16, 2008. Market would again react on these numbers.br /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20531847%20"ASIAN STR CO/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20532834%20"CAMLIN FINE/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20590001%20"CHETTINAD CM/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20531640%20"DAIRYFIELD/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20531595%20"DOVER SECURt/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20532958%20"ETC NETWORK/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500144%20"FINOLEX CABL/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500150%20"FOSECO INDA/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500160%20"GTL LIMITED/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500180%20"HDFC BANK LT/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20519126%20"HIND.FOODS/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20501295%20"IND INV TRUS/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20509162%20"INDAG RUBBER/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20530747%20"INDO ASI FIN/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20531968%20"INDO GREEN P/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20532187%20"INDUS IND BK/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20512219%20"INUSVISTA/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20507796%20"JHAV FLEXO/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20511618%20"JIK INDUSTR/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500262%20"MAFAT FIN CO/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20526299%20"MPHASIS LTD/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20532541%20"NIIT TECHNO/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500313%20"OIL COUNTR T/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20503031%20"PENLAND LTD/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20532979%20"PIRAM LIFE/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20500355%20"RALLI INDIA/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20532663%20"SASKEN COMM/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20504908%20"SCHRADER DUN/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20524727%20"SPAN DIAGNOS/abr /a href="http://www.bseindia.com/price_finder/stockreach.asp?scripcd=%20507753%20"SR ...

Market sees a heavy pullback !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:34 pm
It was a dreadful session for the markets. It seemed that markets fizzled out two days pullback rally due to bad global cues, wherein financial stability is still big concern for global banks. Asian and European markets have witnessed huge selling pressure. The Sensex has closed below 10,900 and the Nifty tanked below 3350.br / Flows are negative at FII desk. A leading foreign fund has turned negative on the metal sector. Lamp;T has failed to impress dalaal street by its second quarter numbers; entire capital goods space is under pressure post results. Midcap and small cap stocks are still vulnerable to margin call pressure. At the end of the day :br /br /strongSensex:10809.12 ( span style="color:#cc0000;"-674.28/span Points down )/strongbr ...

LT failed to impress market.

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:31 pm
strongLarsen and Toubro/strong crashed 11% on the back of dissappointing second quarter numbers. The company's Q2 topline is in line while bottomline is below street expectations. Net sales stood at Rs 7682.20 crore and net profit at Rs 460.26 crore while market estimated numbers were Rs 7,314 crore and Rs 494 crore, respectively. Margins also declined tostrong 8.8% from 10.7%/strong YoY. There was about strong25% cut/strong which let the Indian market go down.

Forthcoming Results on October 15, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 5:31 am
div align="justify"Today, Following companies are going to produce their quaterly results. Market would surely react according to their results./divdiv align="justify"br /AMALGAMATEDbr /ARMAN LEA FIbr /ASTRAL POLYbr /B NANJI ENTRbr /BHARAT SEATSbr /CIRCUIT SYSbr /span style="color:#006600;"CMC LTDbr /CONTAIN CORP/spanbr /span style="color:#006600;"ELECTROSTELbr //spanFACT ENTERPbr /span style="color:#006600;"HCL TECHNObr //spanI.C.S.A. INDbr /JAYANT AG OGbr /KAVERI TELEbr /KFAbr /L.G.BALABROSbr /span style="color:#660000;"span style="color:#006600;"LARSEN amp; TOU/spanbr //spanLGB FORGEbr /NAKODA TEXTbr /NCL RESEARCHbr /R T EXPORTSbr /RICHA INDbr /SANWAR AG OIbr /TTK PRESTIGbr /U G HOTELS Rbr /UNI OFF AUTObr / /div

Advice for - Wednesday, October 15, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:54 am
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

Market ends green !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on October 14, 2008 at 1:53 pm
As we assumed in morning, markets ended higher on account of buying in technology, pharma, realty, capital goods, few banking and telecom stocks. Midcap and small cap stocks too were on buyers' radar. Strong global cues were supportive to the markets. However, metal, few oil and power stocks were under pressure.br /Benchmark indices had started on a strong note; the Sensex and Nifty had jumped over 500 points and 150 points respectively in early trade due to sharp rally in global markets. However, they lost more than half of their gains in the second half of the session on account of profit booking at higher levels and sell off was seen in metal stocks, but they didn't slip into the ...

Advice for- Tuesday, October 14, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:24 am
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 ...

Market Bangs !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on October 13, 2008 at 3:28 pm
div align="justify"/divdiv align="justify"Markets have witnessed a sharp pullback rally on the back of short covering and strong global cues, after a severe crash in the last week. Benchmark indices have broken five-day losing streak and ended on a strong note. The market ended with:/divdiv align="justify" /divdiv align="justify"/divdiv align="justify"strongSensex : 11332.23( span style="color:#009900;"+804.38/span Points up)/strong/divdiv align="justify"br /strongNifty : 3490.70 ( span style="color:#009900;"+210.75/span Points up)/strong/divdiv align="justify" /divdiv align="justify"strong/strong/divdiv align="justify"We assumed market by 11:00 a.m. when sensex was nearly +500 points and it crossed +800 Points according to our assumption. You guys might have made good profits by trading intraday. I and my team would always be with you at this critical phase of market, so guys , always stay connected./div

Market see some relaxation !

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 6:41 am
As we discussed in the morning today indian market would see some relaxation and also will show some uptime. After Market started it bounced exceptionally as european market raise 5%. And by 10:30 A.M. market got fire by finance minister statement. Market Frontrunner was ICICI bank. The market is assumed to see highs today. And today sensex may reach +800 Points at some point of time.

Advice for - Monday, October 13, 2008

  • SOURCE: EquityPandit.com | Written by Abhishek Parakh on at 3:40 am
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