Bears laugh continuous…

The world markets are in red so we slide towards bottom breaking. The markets are clearly taking time to change the direction for reverse gear. So investors shall not carry the delivery positions for long periods. The fund managers are spending sleepless nights to maintain their NAV positive. The markets consolidate in trading range for long period before it takes a jump. Today Nifty shall not break 4131 support and reliance shall not break 1685 support.

THE HIHG TOUCHED TO FALL….

The Nifty touched a high of 4291 and fell to 4231 leading a negative journey aided by RIL, SBI, RCOM Bharti, Tata Motors and ONGC. Now the real challenge is Nifty to close above 4209-08 up to May series. As the Asian markets are weak take the opportunity to sell now and buy later. The RIL shall trade above 1721-23 to see the bull sentiment intact. “We want money” is the slogan of the Indian industries, so the flooding of new issues and NFOs. They will suck the money, the madness will surface after 6 months in the banks financial results. Then the real cry for money by the investors is heard on the streets. Be cautious with bank associations at the street. Good luck.

Bears are grinding their axes!

The Nifty high is over for news, now all are looking at Sensex. In the mean time Bears are grinding their axes to take their revenge. So be prepared to face by buying now or keep distance and wait for the better opportunity to grab the opportunity to buy the blue chips at much lower prices. The above situation is very much relevant to the fresh investors took positions in media and even banks.
The Nifty failed to cross the higher side but made some genuine effort to stay above 4271. Now the tech laggards shall take the lead, get support from auto sector so as to increase the breadth of the participation in the bull move. The signs of cracks can be seen in the cements and real estates, already waning their early move color. Be cautious, good luck.

NIFTYs-20 Stocks gained, 30 are trading lower

As posted on 20th Nifty could touch 4269.35 as high but it has to trade above 4271 level. To day the global cues are positive bias, so will ours. The Nifty has cross 4293-95 in the initial trades sends good signals about its core strength. So long RIL trades above 721-723 the trend continues.

Any way now NIFTY @ All Time High

Nifty by its number registered all time high after a long gestation as most of the stocks are under performing from the pervious record high. One can easily understand the outperforming sectors and the laggards.
Date 8/2/2007 21-02-07
Nifty (close) 4223.4 4260.9
ABB 3835.3 4285 449.7 11.73
Acc 1066.55 873.05 -193.5 -18.14
Bajaj Auto 3009.75 2248.3 761.45 -25.3
BPCL 349.6 393.5 43.9 12.56
Bharti 766.65 851.5 84.85 11.07
BHEL 2509.55 2634.4 124.85 4.97
Cipla 257.1 207.85 -49.25 -19.16
Dabur 104.7 96.3 -8.4 -8.02
DrReddy 741.55 659.05 -82.5 -11.13
Gail 291.75 287.9 -3.85 -1.32
Guj Amb. 141.75 118.45 -23.3 -16.44
Glaxo 1172.8 1226.8 54 4.6
Grasim 2853.1 2510.2 -342.9 -12.02
Hcltech 1:1 bonus331.25 348.8 17.55 5.3
Hdfc 1806.95 1718.2 -88.75 -4.91
Hdfc bank 1109.8 1106.8 -3 -0.27
Hero Honda 728.15 681.85 -46.3 -6.36
HLL 205.6 193.6 -12 -5.84
Hindalco 175 147.65 -27.35 -15.63
HPCL 296.05 305.05 9 3.04
ICICI Bank 999.7 943 -56.7 -5.67
Infosys 2373.7 1960.4 -413.3 -17.41
IPCL 275.4 348.05 72.65 26.38
ITC 176.45 170.85 -5.6 -3.17
Jet Air* 788.3 725.55 -62.75 -7.96
L&T 1756.75 1736.1 20.65 -1.18
M&M 931.4 731.25 200.15 -21.49
Maruti 962.55 821 141.55 -14.71
MTNL 164.05 154.15 -9.9 -6.03
NALCO 234.1 242.65 8.55 3.65
ONGC 894 932.6 38.6 4.32
OBC* 226.4 243.35 16.95 7.49
PNB 516.4 560.2 43.8 8.48
Ranbaxy 420.95 400.8 -20.15 -4.79
Reliance 1397.05 1761 363.95 26.05
RCOM 489.05 507.65 18.6 3.8
REL 565.05 551.6 -13.45 -2.38
SAIL 115.3 144.7 29.4 25.5
Satyam 485.85 448.4 -37.45 -7.71
SBI 1205.25 1348.7 143.45 11.9
Siemens 1201.75 1244 42.25 3.52
Sun Pharma 1047.4 1066.1 18.7 1.79
Suzlon 1252.1 1132.7 -119.4 -9.54
TCS 1304.5 1237.1 -67.4 -5.17
Tata Motors 896.8 725.45 171.35 -19.11
Tata Power 607.05 597.65 -9.4 -1.55
Tatasteel 462.65 622.75 160.1 34.6
VSNL 500.6 460.05 -40.55 -8.1
Wipro 635.45 534.1 101.35 -15.95
Zee# 342.6 552.65 210.05 61.3
Ster 479.15 559.8 80.65 16.83
RPL 68.3 95.05 26.75 39.17
OBC&Jet now not in Nifty
Zee= Zeel+WWIL+Zeenews+DishTV

The Nifty high lures..

The Nifty could cross the 4245 level but the challenge is it should trade above 4269-71 at least for two trading sessions, then the strength builds and bears will take a back step giving a way to touch 4360 level easily.
The leaders like RIL sould trade above 1691-1693, RCOM above 491-489, ICICI above 941-943 level, SBI above 1323-25 level. As of now it seems the market is at cross roads.

For stock specific calls visit www.intradaystockcalls.blogspot.com & www.gainfulstockcalls.blogspot.com

Market rewards to those…

The stock markets world wide reward to those investors who respect the market journey. The stock moves are best examples of dynamic actions in the world over based on mass psychology. The market movement could be understood whether it is fluctuation or a rise/fall. But we take time to judge the movement which is a good habit but fail to participate once we come to a conclusion, we don’t participate but bargain for the earlier price which hardly come… make us stranded/ cursing for our fate. As a matter of fact, fate also favours those whose take timely decisions. So I request the market participants to read the suggestions and recommendations but take appropriate decisions with out fail.