Tag Archives: parsvnath

Advice for – Wednesday, March 10, 2010

Yesterday: As expected, Indian Stock Market remained flat with high level of volatility. Market was intact rangebound.

 

Today: Indian Stock Market is expected to open flat to positive. 5070 has again emerged into a very strong resistance for Nifty. Market would remain rangebound but would see some sharp movement in a day or two. Definitely there would be a profit booking at higher levels.

 

BSE Sensex: (17053): The support for the Sensex is 17000 and the resistance to the up move is at 17200-17280.

 

NSE Nifty: (5102) the support for the Nifty is at 5070 and the resistance to the up move is at 5150.

 

Advice for – Thursday, March 04, 2010

Yesterday: As expected, Market went up sharply to 17000 levels for sensex due to positive budget and better global cues.

 

Today: Indian Stock Market is expected to open flat to positive. 5125 would be our next target for Nifty. Overall market is positive for short term.

 

BSE Sensex: (17000): The support for the Sensex is 16500 and the resistance to the up move is at 17110-17280.

 

NSE Nifty: (5088) the support for the Nifty is at 5050 and the resistance to the up move is at 5125-5175.

 

Advice for – Friday, February 5, 2010

Last Trading session: As predicted by EquityPandit, Indian stock market opened in negative zone and went down sharply in afternoon due to worries of inflation after food inflation numbers rose to 17.56% and ended in negative region with a big gap. 

 

Today: Today Indian Stock market would open with a big negative trend with about 200+ points down or even more for sensex. Today the support levels of 16000 for Sensex and 4800 for Nifty is supposed to be breached. As we said yesterday, you should have enough cash in hand. Keep 50% of investment amount as cash in hand so that you can invest at lower levels of Nifty. Our targets of Nifty would remain same. Till then its good time for trading but again a cautious trading. 

 

Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (16225) The support for the Sensex is 16000-15670 and the resistance to the up move is at 16580.

 

NSE Nifty: (4845) The support for the Nifty is at 4800-4760 and the resistance to the up move is at 4965-5027.

 

Advice for – Thursday, February 4, 2010

Last Trading session: As predicted by EquityPandit, Indian stock market opened with a small positive gap on the back of the positive global cues but went up sharply in afternoon and ended in positive region with a big gap. 

 

Today: Today Indian Stock market would open with negative trend. As we said yesterday, Market would be in uptrend until it breaches 4825. But this is only the correction and may go for other 2-3 days as too many shorts have been built up in market. One should book 50% profits in this correction. For investment purpose, investments should be done at every point as we expect market to go up after April 2010. But you should have enough cash in hand. Keep 50% of investment amount cash in hand so that you can invest at lower levels of Nifty by March 2010. Till then its good time for trading but again a cautious trading. 

 

Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (16496) The support for the Sensex is 16300-16140 and the resistance to the up move is at 16645.

 

NSE Nifty: (4932) The support for the Nifty is at 4827-4760 and the resistance to the up move is at 4965-5027.

Advice for – Wednesday, October 21, 2009

Yesterday: Market opened with a positive gap but failed to sustain its level n fall almost 200 points.

 

Today: Indian Stock Market would open flat to negative. Overall trend would remain positive as long as 17000 would hold on the sensex front and 5100 on Nifty. Market would see good amount of volatility

 

Note: Stocks to trade for F&O, intraday, short-term delivery, long term delivery and short selling and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (17223) The support for the Sensex is 17000 and the resistance to the up move is at 17350-17500.

 

NSE Nifty: (5114) The support for the Nifty is at 5090 and the resistance to the up move is at 5154-5183-5219.

 

Advice for – Tuesday, February 10, 2009

Yesterday: As we predicted beforehand market opened up and remained positive throughout the day.

 

Today: Indian stock market looks up but still we feel that this is the time to book profits and wait for market to again come down.

 

BSE Sensex: (9583) The support for the Sensex is 9400 and the resistance to the up move is at 9900.

 

NSE Nifty: (2920) the support for the Nifty is at 2900 and the resistance to the up move is at 2950.

 

Important data to watch: US stimulus voting today and Global market

 

Today’s Pick: Go long in RIL, GVKPIL

 

Advice for – Monday, February 09, 2009

Last Week: Indian stock markets remained choppy and range bound between 9035 and 9350 for Sensex through out the last week ended on February 6, 2009.

 

Today: The direction of Indian stock market is range bound and not clear at this point but some strength might be seen in the market as this week may give lot of surprises and cheers. For more details go to our post market will display strength this week.

  

BSE Sensex: (9301): The support for the Sensex is 9250 and the resistance to the up move is at 9400.

 

NSE Nifty: (2843) the support for the Nifty is at 2700 and the resistance to the up move is at 2900.

 

Today’s Pick: Go long in JSW Steel.