Thursday, October 16, 2008

Indian Stock market for 17/10/2008

AT the point Market is getting set for bounceback.

Nifty Pivot 3234
Supports 3369>3468>3603

Resistance 3135>3000>2901

Sensex Pivot 10462
Supports 10907>11232>11676

Resistance 10907>11232>11676

Nifty may try to open Flat.

ADVISE TO TRADERS AND INTRADAY -positive in 1st half and cooling off in later part.


ADVISE TO INVESTOR COMMUNITY - keep hunting for frontline blue chips at lower panic levels, buy is not advised again today.

Sunday, October 12, 2008

13/10/2008 Stock To watch

Here are the stock list for which you should lookout today

Powergrid
NTPC
Reliance capital
larsen and Toubro

further fall is expected in Realty sector.

Hold Dish TV for Long term.

Monday, October 6, 2008

Tuesday, 7 October 2008 Market

The market has been falling for the last 2-3 trading sessions, so some kind of a technical bounce can be expected now.

The market looks weak, but the Nifty should hold 3600

The market has opened higher on Tuesday and is getting stronger

One can look at buying IT for trading purposes today

Inflation is expected to remain in double-digits till year-end

Sunday, October 5, 2008

General Market Advice:

1. Never chase a stock.


2. Buy when markets are in the grip of panic.


3. Only buy fundamentally strong stocks, which are undervalued.


4. Buy stocks grown in top line and bottom line over the past years.


5. Invest in companies with proven management.


6. Avoid loss-making companies.


7. PE Ratio and Growth in earnings per share are the key.


8. Look for the dividend paying record.


9. Invest in stocks for sure returns.


10. Stocks have been the high yielding asset class over the past.


11. Stocks are an asset class.


12. The basic property of any asset class is to grow.


13. Buy when everyone is selling and sell when everyone buys.


14. Invest a fixed amount each month.

Thursday, October 2, 2008

3rd October Market

it is possible to see Gap up opening today.

Real estate sector is oversold now so one can expect bounce back today.

Power secotor is going to zoom today. So good buy expected there. I would advice you to keep booking profit at regular interval.

HDIl, Reliance Capital, Larsen & Toubro is my pick for today.

Reliance power and NTPC is expected to boucnce back today.

Keep close watch on ICICI bank today.

Wednesday, October 1, 2008

01-10-2008 Market Update

Since there is no clarity or direction in this market, it is best to wait and stay out, The market began on a weak note but stabilized to see a decent close today

Buy Hero Honda with a target of Rs 950-1000

Buy ONGC on declines with a stop loss of Rs 975 and target of Rs 1120,

Hold Nifty long with a stop loss of 3910 and target of 3980

Top Gainers A group
--------------------

+ Videocon Industries 222.85 +13.87
+ Satyam Computer 318.75 +7.47
+ Patni Computer Sys 190.85 +7.43
+ Gammon India 148.00 +7.13
+ JaiprakashAssociates 118.90 +7.02


Top Losers
-----------

+ KSK Energy Ventures 222.00 -6.74
+ Hind.ConstructionCo. 71.90 -6.68
+ Sintex Industrie 268.15 -5.36
+ JSW Steel 454.65 -5.32