Archive April, 2010 

Friday, April 30, 2010  

During the Market: 

03.40 pm. Nifty was able to retain the early morning position throughout the session and closed at 5278, recording a meager gain of 23 points. The Advance/Decline was 31/19, Mid-cap and Nifty junior stole the show. The top gainers of Nifty were BPCL, HEROHONDA, TATAMOTORS, UNITECH & NTPC, while the top losers were AMBUJACEM, WIPRO, TATASTEEL, ABB & SAIL. Anyway, optimism is built as Nifty has closed above 5260 and there are nationally no bad cues. There is a great resistance at 5330, if Nifty is able to surpass it in coming sessions it has a silver lining.

01.53 pm.
Nifty retaining the early gain sand moving positively in a range of 5275-5295. The Advance/Decline is at 32/18. The top gainers are BPCL, TATAMOTORS, CAIRN, HEROHONDA & GAIL, while the top losers are AMBUJACEM, ABB, WIPRO, SAIL & TATASTEEL.

11.49 am.
After attaining a high of 5294 Nifty has come down to early morning level of 5277. The Advance/Decline has come off to 34/16. The top gainers are TATAMOTORS, RELCAPITAL,CAIRN, HEROHONDA & CIPLA, while the top losers are AMBUJACEM, WIPRO, ONGC, HINDALCO & ITC.

10.13 pm.
Nifty at a high of 5292, with Advance/Decline at 42/8. The top gainers hauling the Nifty up are TATAMOTORS, CAIRN, HEROHONDA, RELINFRA & CIPLA, while the top losers are AMBUJACEM, ONGC, WIPRO, ACC & ITC.

09.18 am.
Nifty has opened with positivity touching a high of 5286, with positive market breadth. The Advance/Decline is at 39/10. The top gainers are HEROHONDA, RANBAXY, DLF, UNITECH & CIPLA, while the top losers are AMBUJACEM, INFOSYSTCH, ACC, ONGC & SIEMENS. Nifty is holding on to its early morning gains.
 

Pre Market Analysis 08.30 am.


  • Global cues are positive.
  • Crude Oil has recovered to $ 85.57 per barrel.
  • USD vs INR is at Rs.44.415
  • Nifty to reciprocate global cues and is expected to move with positive bias.
  • Expected High/Low  5285,5310/5255,5220
  • Wait for Nifty to break-out above 5330.

 

Thursday, April 29, 2010  

During the Market: 

03.40 pm. Nifty has rebounded from the lows, after initial gains Nifty was able to maintain the lead and further strengthened it. Today's trade exhibited the confidence the investors have in Indian growth story. Nifty closed at 5254 after touching a high of 5264. The market breadth was positively inclined throughout the session. Advance/Decline was 29/21 at close and never tipped to negative. The top gainers were STER, UNITECH, CAIRN, RPOWER & AXISBANK, while the top losers were POWERGRID, SUNPHARMA, TCS, HINDUNILVR & ITC.

01.21 pm.
Nifty is range-bound between 5230-5250. The Advance/Decline has dipped to 28/22. The top gainers are STER, UNITECH, CAIRN, RPOWER & AXISBANK, while the top losers are POWERGRID, SUNPHARMA, TCS, HINDUNILVR & ITC. Probably the actionmay take place in the last hour of the session.

11.58 am.
Nifty is hauled up to 5249 with Advance/Decline at 35/15. The main gainers are UNITECH, CAIRN, AXISBANK, DLF & STER, while the top losers are POWERGRID, HINDUNILVR, SUNPHARMA, ITC & TCS.

10.18 am.
Nifty holding on to its early morning position.Advance/Decline has eased to 36/14. The top gainers are UNITECH, STER, TATASTEEL, DLF & JPASSOCIAT, while the top losers are POWERGRID, HINDUNILVR, GAIL, SUNPHARMA & ITC. Sideways movement is dominant.

09.07 am.
Nifty has opened on a positive note and made a high of 5243. The Advance/Decline is at 38/12, bringing some resilience into Nifty. The top gainers are HDFC, M&M, DLF, UNITECH & RPOWER, while the top losers are POWERGRID, ITC, ONGC, WIPRO & AMBUJACEM. Nifty may recover the losses sustained yesterday.


Pre Market Analysis 08.30 am.

  • Global cues are turning to positive.
  • Crude Oil has recovered to $ 83.27 per barrel.
  • USD vs INR is at Rs.44.625
  • Nifty may consolidate with a strong support at 5200 and may improve marginally. Sideways movement may be order of the day.
  • Expected High/Low 5260,5295/5200,5170.
  • Buy and accumulate around 5170-5210.

 

Wednesday, April 28, 2010  

During the Market: 

03.40 pm. Nifty kept the losses incurred in the early morning and in the last part further compounded it and slipped to close at 5212. It incurred a loss of 92 points. The low touched by Nifty was 5202, if in the next session it slips below 5200 then serious correction may follow. The market breadth remained negative throughout. The top gainers are SAUNPHARMA, ABB, SBIN, ACC & IDFC, while the top losers were SAIL, JPASSOCIAT, RELIANCE, UNITECH & TATASTEEL.It is expected that this may be the bottom.

10.03 am. 
Nifty has opened weak in synchronization to the global cues, and made a dash down to 5234, and thereafter is consolidating at 5266. The Advance/Decline is at 12/38. The top gainers are RPOWER, BPCL, SUNPHARMA, ACC & SBIN, while the top losers are HINDALCO, JPASSOCIAT, STER, UNITECH & TATAPOWER.


Pre Market Analysis 08.30 am.

  • Global cues are a definite negative.
  • Crude Oil has gone down further to $ 82.28 per barrel.
  • USD vs INR has gained to Rs.44.615
  • Nifty remains weak, caution to be exercised.
  • Expected High/Low 5330,5360/5300,5250
  • Best to lie low.

 

Tuesday, April 27, 2010  


During the Market: 

03.40 pm.  Nifty closed at 5308 losing 14 points.                                      

12.42 pm.
Nifty is flat and moving in a range. Global cues are on the verge of being negative and there are no national cues to invigorate the Nifty. I is being speculated that till the result season Nifty will remain lackluster. Advance/Decline is also negatively inclined at 23/27. The top gainers are POWERGRID, ONGC, M&M, JINDALSTEL & HDFC, while the top losers are MARUTI, JPASSOCIAT, HCLTECH, DLF & SBIN.

10.12 am.
Nifty lacks any type of triggers thus is more or less just passing the time. This type of trading is listless and non-essential types. The Advance/Decline is 29/21, nearly neutral. The top gainers are POWERGRID, JINDALSTEL, ONGC, HDFC & AMBUJACEM, while the top losers are MARUTI, HCLTECH, JPASSOCIAT, STER & SBIN.

Pre Market Analysis 08.30 am.

  • Global cues are mixed.
  • Crude Oil has backed to $ 83.92 per barrel.
  • USD vs INR has become weak at Rs.44.28
  • Weak movement of Nifty expected, bias to remain positive and gains marginal.
  • Expected High/Low 5360,5380/5300,5290
  • Wait & watch.

 

Monday, April 26, 2010  


During the Market: 

03.41 pm. Nifty closed at 5322 gaining 18 points over previous close. It was a listless and boring session. STER, HDFC, AXISBANK, HINDALCO & JINDALSTEL were the top gainers, while the top losers were SUNPHARMA, DLF, RANBAXY, MARUTI & ABB.

12.41 pm.
Nifty is dull and listless, its moving in the very tight range and nearly horizontal. Wait & watch.

11.43 am.
Nifty opened negative then jumped positive and is maintaining its gains at 5322, it touched a high of 5342 and a low of 5299. The Advance/Decline is at 33/17 and the market breadth is the reflection of the same position. The top gainers are STER, AXIS, HINDALCO, HDFC & TATASTEEL, while the top losers are SUNPHARMA, DLF, MARUTI, RELIANCE & ICICIBANK.


Pre Market Analysis 08.30 am.

  • Global cues are positive.
  • Crude Oil has risen to $ 85.09 per barrel.
  • USD vs INR stabilizing around $ 44.50 at Rs.44.315
  • Nifty to improve further and may close around 5375.
  • Expected High/Low 5330,5390/5304,5270.
  • Book part profits around 5390.

Friday, April 23, 2010  

During the Market: 

03.45 pm. Nifty closed positive at 5304 gaining 34 points. The Advance/Decline was nearly neutral. The top gainers were JPASSOCIAT, ICICIBANK, LT, M&M & DLF, while the top losers were ABB, WIPRO, ACC, BHARTIARTL & HEROHONDA.

11.04 am.
Nifty opened positive and after moving sideways it has climbed to touch 5310. The Advance/Decline is at 36/14 and the market breadth is broad in other indices also. The top gainers are PNB, ICICIBANK, RELIANCE, LT & DLF, while the top losers are ABB, STER, SUNPHARMA, SIEMENS & HCLTECH.


Pre Market Analysis 08.30 am.

  • Global cues are mixed.
  • Crude Oil is stable at $ 83.54 per barrel.
  • USD vs INR stabilizing at Rs.44.515
  • Results may effect the Nifty positively. Stock specific action may take place and this may be converted to profit-booking.
  • Expected High/Low 5295,5330,5375/5230,5003
  • Irrespective of the Nifty, if you are in good profit try to book it.

 

Thursday, April 22, 2010  

During the Market: 

03.40 pm. Nifty closed at 5269 thus gaining 25 points over previous close. In post noon session Nifty touched a high of 5331 but was mainly due to the movements of heavyweights like RELIANCE & SBIN. The market breadth was also not great. The top gainers were SBIN, SAIl, TATAMOTORS, HCLTECH & RELIANCE, the top losers were TATASTEEL, SUNPHARMA, UNITECH, DLF & IDEA. As suggested in the morning, there was lot of movement in Nifty but in the final round it came down hurriedly.

12.09 pm.
Nifty has touched a high of 5293 and is traversing around 5285. The Advance/Decline has climbed to 34/16. The top gainers are SBIN, TATAMOTORS, SAIL, RELIANCE & HINDUNILVR, while the top losers are SUNPHARMA, IDEA, DLF, UNITECH & BHEL.

10.11 am.
Nifty opened weak as per the global cues and made dip to 5221, but since then it is trying to recover slowly and steadily. Nifty is now at 5226 after recovering to 5237. The Advance/Decline is at 15/35. The top gainers are SBIN, STER, HCLTECH, HINDUNILVR & CIPLA, while the top losers are SUNPHARMA, HDFCBANK, TATASTEEL, HINDALCO & BHARTIARTL. Nifty may consolidate during the session and may end near the previous close.


Pre Market Analysis 08.30 am.

  • Global cues are negatively inclined.
  • Crude Oil has risen to $ 83.43 per barrel.
  • USD vs INR stabilizing at Rs.44.465
  • Nifty might become volatile and may become resilient. The closing may not have much difference.
  • Expected High/Low 5260,5295/5205,5185
  • Better to wait till clearer direction is shown.
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Wednesday, April 21, 2010  

The Nifty closed with a near flat situation at 5244 with a gain of 14 points. The high touched by Nifty was 5266, but in the later half profit booking brought it down. The top gainers were HCLTECH, AXISBANK, SIEMENS, RPOWER & CIPLA, while the top losers were SUNPHARMA, BHEL, STER, HINDALCO & ABB.

 

Tuesday, April 20, 2010  

During the Market: 

03.40 pm. Nifty closed at 5230 with a nominal gain of 20 points over previous close. Nifty touched a high of 5257 while the opening at 5208 was the day's low. The market participation was encouraging being broad and wide. The Advance/Decline remained in positive around 34/16. The top gainers were GAIL, IDFC, UNITECH, DLF & RELINFRA, while the top losers were TCS, HEROHONDA, WIPRO, SIEMENS & CIPLA.

02.28 pm.
Nifty has come off the high and is trading around early gains at 5225. The Advance/Decline has slipped to 33/17. The top gainers are IDFC, UNITECH, GAIL, SUZLON & SBIN, while the top losers are TCS, HEROHONDA, CIPLA, HCLTECH & SIEMENS.

01.24 pm.
Nifty trading at 5255 up by 51 points over previous close. The market breadth is wide and positive, the Advance/Decline is at 40/10. The top gainers are IDFC, UNITECH, GAIL, DLF & SBIN, while the top losers are TCS, HEROHONDA, ITC, INFOSYSTCH & SIEMENS.

11.53 am. RBI has increased CRR, Repo Rate and Reverse Repo Rate by 25 bps. Nifty has reacted positively jumping 20 points to 5250+ level.

10.01 am.
Nifty moving sideways in a range at around 5227. The Advance/Decline is maintained at 39/11. The top gainers at this time are GAIL, STER, AXISBANK, JPASSOCIAT & SAIL, while the top losers are UNITECH, BHARTIARTL, HDFC, DLF & TCS.

09.03 am.
Nifty has opened lukewarm and has touched a high of 5236 and is at 5227. Advance/Decline is at 39/11. Nifty may show some more gains.

Pre Market Analysis 08.30 am.

  • Global cues are mixed.
  • Crude Oil is at $ 82.27 per barrel.
  • USD vs INR stabilizing at Rs.44.55
  • Nifty has slipped into over-sold zone and now resilience is expected, with sideways movement dominating the day's session.
  • Expected High/Low 5260,5290/5190,5160.
  • Accumulate around 5170.

 

Monday, April 19, 2010  

During the Market: 

The Nifty closed with a net loss of 58 points and kissing EMA (Close,200), which is not a very healthy sign. The Nifty closed at 5203 after touching a low of 5160. Gainers were HINDALCO, AXISBANK, IDFC, ABB & CIPLA, while the top losers were DLF, SIEMENS, TATASTEEL, CAIRN & STER. High point was the opening at 5279.

09.55 am.
Nifty moving around 5205 and appears consolidating. The Advance/Decline is at 4/46 and all the indices are in the negative. The Gainers are TCS, BPCL, HINDALCO & ABB, while the top losers are CAIRN, RANBAXY, DLF, UNITECH & SAIL.

09.03 am.
Nifty has opened weak in synchronization of the global cues. The Advance/Decline is at 2/48. Nifty on opening dipped to 5183 but has recovered to 5200. The top gainers are BPCL & TCS, while the top losers are JPASSOCIAT, IDEA, RCOM, HINDALCO & TATASTEEL.


Pre Market Analysis 08.30 am.

  • Global cues are negative.
  • Crude Oil has slipped to $ 82.83 per barrel.
  • USD vs INR stable at Rs.44.60
  • Nifty under global pressure and weak sentiment may find a lower bottom.
  • Expected High/Low 5265,5290/5198,5170
  • Accumulate cautiously around 5170, else best would be to wait watch.

 

Friday, April 16, 2010  

During the Market: 

03.40 pm. Nifty closed almost flat 5262 with a loss of 11 points. Daylong the Nifty was choppy and in negative zone. The broader indices were also negative with Advance/Decline at 12/38. The top gainers were ITC, GAIL, ABB, TATASTEEL & TATAMOTORS, while the top losers were KOTAKBANK, IDEA, DLF, JPASSOCIAT & M&M. Nifty made up most of the day's losses in the last leg.

10.53 am.
Nifty at 5262 and Advance/Decline remains unchanged at 14/36. The overall market is negatively inclined. The top gainers are ICICIBANK, ITC, ABB, AXISBANK & SUNPHARMA, while the top losers are DLF, KOTAKBANK, SUZLON, JPASSOCIAT & STER. The market at present seems to have a sideways bias with consolidatory approach.

09.23 am.
Nifty opened with weakness and dropped to 5246, then made an effort in vain to recover and went down further to make a low of 5242. The market breadth is also negative with Advance/Decline at 14/36. The top gainers are ICICIBANK, TCS, ITC, GAIL & CAIRN, while the top losers are KOTAKBANK, DLF, PNB, HDFC & ACC.


Pre Market Analysis 08.30 am.

  • Global cues are mixed.
  • Crude Oil has dropped to $ 85.13 per barrel.
  • USD vs INR stable at Rs.44.44
  • Nifty in negative mode may be for a session it may improve but likely to go down further to 5200.
  • Expected High/Low 5290,5320/5250,5200
  • Wait for accumulating at lows.

 

Thursday, April 15, 2010  

During the Market: 

03.40 pm. Nifty closed at 5273 with a loss of 49 points over previous close. Nifty was under pressure and made a low of 5265. The Advance/Decline was a clear negative at 17/33. It was unable to sustain the early gains and kept on falling till the last. The top gainers were UNITECH, CAIRN, JPASSOCIAT, IDEA & SUNPHARMA, while the top losers were KOTAKBANK, RELIANCE, HDFC, ICICIBANK & ITC.

02.49 pm. Nifty has gone weak with Advance/Decline touching 25/25 and Nifty making a low of 5293. The Mid-caps and small cps are outperforming but the large caps are dragging the Nifty. The top gainers are UNITECH, DLF, JPASSOCIAT, CAIRN & HINDUNILVR, while the top losers are KOTAKBANK, RELIANCE, ICICIBANK, HDFC & SBIN.

01.42 pm. Nifty is trying hard to be above the previous close, although by the last leg of the session some recovery is possible. At present the Advance/Decline is at 35/15. The market breadth is positive except for the IT sector. The top gainers are UNITECH, CAIRN, DLF, JPASSOCIAT & JINDALSTEL, while the top losers are KOTAKBANK, ICICIBANK, SBIN, RELIANCE & HDFC.

12.54 pm. Nifty is continuously facing profit-booking and sliding down since the early gains. The heavy weights on the Nifty are the main draggers. The Advance/Decline has slipped to 36/14. The top gainers are UNITECH, CAIRN, DLF, JPASSOCIAT & RELINFRA, while the top losers are KOTAKBANK, RELIANCE, ICICIBANK, SBIN & HDFC.

09.04 pm. Nifty has opened positive as per the global cues and made a high of 5373. The indices are broadly positive with Advance/Decline at 48/2. The top gainers are CAIRN, UNITECH, STER, IDFC & HEROHONDA, while the losers are BPCL & INFOSYSTCH.


Pre Market Analysis 08.30 am.

  • Global cues are positive.
  • Crude Oil has shot up to $ 86.12 per barrel.
  • USD vs INR remains weak at Rs.44.19
  • Nifty likely to remain range-bound between 5200-5400.
  • Expected High/Low 5390,5420/5320,5300
  • Wait and watch for Nifty to breakout above 5390.

 

Tuesday, April 13, 2010  

During the Market:

03.40 pm.
Nifty closed at 5322 with a loss of 16 points. The day was marked with dull, listless and range-bound trading. Advance/Decline ratio for Nifty was at 18/32 and for the entire session remained in the negative. The top gainers were INFOSYSTCH, HCLTECH, TCS, WIPRO & RPOWER, while the top losers were IDFC, HEROHONDA, RCOM, HDFC & SAIL. The IT stocks made an attempt to recover some of the lost ground, since the Dollar went weak they were over beaten.    

01.02 pm.
Nifty in negative region and moving in a range, Advance/Decline is nearly stationary at 15/35. INFOSYSTCH,  HCLTECH,
TCS, WIPRO & BHEL are the top gainers, while the top losers are IDFC, CAIRN, RCOM, HEROHONDA & STER.

10.25 am.
Nifty has made a low of 5301, which is acting as a support. The Advance/Decline is confined in negativity at 13/37. The top gainers are WIPRO, BPCL, RELCAPITAL, BHEL & TCS, while the top losers are SAIL, RCOM, HEROHONDA, TATAMOTORS & IDFC.

09.13 am.
Nifty has opened weak and depressed. After briefly touching 5356 it came down to 5312. The Advance/Decline is negative at 11/39. The top gainers are WIPRO, BHEL, BPCL, TCS & BHARTIARTL, while the top losers are HEROHONDA, TATAMOTORS, STER, MARUTI & RCOM.  


Pre Market Analysis 08.30 am.

  • Global cues are weak and mixed.
  • Crude Oil has slipped to $ 84.13 per barrel.
  • USD vs INR has meekly improved to Rs.44.465
  • Nifty to stay listless.
  • Expected High/Low 5350,5370,5390 / 5320,5300
  • Wait and watch.

Monday, April 12, 2010  

Pre Market Analysis 08.30 am.
  • Global cues are positively inclined.
  • Crude Oil has slipped to $ 84.96 per barrel.
  • USD vs INR has weakened further to Rs.44.275
  • Nifty to make an effort to close above 5410 amidst choppiness.
  • Expected High/Low 4395,4410,4440 / 5320,5300
  • Book part profits at levels above 4420.

 

Friday, April 09, 2010  


During the Market:


03.40 pm. Nifty made a good recovery by closing at 5361 with a gain of 57 points, and thus recouping yesterday's loss to major extent. The progress was lethargic and lacked euphoria. The top gainers were HDFC, TATAMOTORS, ABB, BHEL & HDFCBANK, while the top losers were BHARTIARTL, IDEA, POWERGRID, WIPRO & SAIL.

02.10 pm.
Nifty holding on the gains at 5369. The Advance/Decline is at 32/18, which is slightly lower. The top gainers are HDFC, TATAMOTORS, AXISBANK, BHEL & CAIRN, while the top losers are IDEA, BHARTIARTL, POWERGRID, SAIL & ACC.

12.44 am.
As expected, Nifty is on the recovery track. It has recovered to 5375 and at present is trading at 5368 with Advance/Decline at 38/12. HDFC, TATAMOTORS, CAIRN, JPASSOCIAT & IDFC are the top gainers as of now, while the top losers are BHARTIARTL, POWERGRID, UNITECH, SAIL & IDEA..

11.13 am.
Nifty has moved above 5350 to touch 5358 with wide market breadth. The Advance/Decline is at 38/12. Nifty's top gainers are
HDFC, TATAMOTORS,  BHEL, CAIRN & JPASSOCIAT, while the top losers are POWERGRID, TATAPOWER, UNITECH, ACC & IDEA.

10.06 am.
Nifty opened positive and touched 5330 thereafter it built upon it to make a high of 5349. The Advance/Decline at opening was 47/3, now it is ruling at 39/11. The top gainers are BHEL, HDFC, TATAMOTORS, GAIL & SIEMENS, the top losers are SAIL, POWERGRID, UNITECH, AMBUJACEM & HINDUNILVR.



Pre Market Analysis 08.30 am.

  • Global cues are just positive.
  • Crude Oil is nearly stable at $ 85.61 per barrel.
  • USD vs INR has weakened to Rs.44.375
  • Nifty may recoup yesterday's loss else will consolidate with positive bias.
  • Expected High/Low 5340,5390/5290,5250
  • If Nifty dips then accumulate around 5260, else wait and watch for the recovery.



Thursday, April 08, 2010 


During the Market:


03.40 pm. Nifty kowtowed the global cues and tumbled by 70 points to close at 5304. This sort of correction provides strength to Nifty. The sceips are shaken out of the weak hands and are transferred to strong hands. The market breadth was negative and remained negative. It is expected that next sessions may see covering up. The top gainers were IDEA, INFOSYSTCH, BPCL, DLF & WIPRO, while the top losers were SAIL, HINDALCO, HDFC, ICICIBANK & TATASTEEL.

01.59 pm.
Nifty is under pressure and has gone down to 5314. The Advance/Decline is negative at 8/42. The top gainers are INFOSYSTCH, IDEA, BPCL, KOTAKBANK & TCS, while the top losers are SAIL, HINDALCO, HDFC, BHARTIARTL & CAIRN.

11.11 am.
Nifty after a weak opening has found support around 5350 and is moving around it. The Advance/Decline is negatively poised at 19/31. The top gainers are M&M, POWERGRID, DLF, HCLTECH & BPCL, while the top losers are TATAMOTORS, HDFC,
ONGC, BHARTIARTL & ICICIBANK. Nothing much is expected in today's session


Pre Market Analysis 08.30 am.

  • Global cues are negative
  • Crude Oil is showing weakness at $ 85.57 per barrel.
  • USD vs INR is stabilizing at Rs.44.52
  • Nifty in overbought region, with no internal weakness, may withstand global negativity. Nifty is expected to move sideways with marginal closing difference.
  • Expected High/Low 5390,5410/5350,5305
  • Best would to be wait and watch, but if Nifty shows resilience and crosses 5410 then book part profits.

 

Wednesday, April 07, 2010 

During the Market:


03.40 pm. Nifty closed just positive at 5375 with a gain of 9 points over previous closing. Except for IT sector all other sectors were positive. The session ended on a consolidation note with positive bias. The Advance/Decline was positive throughout the session, which denotes confidence of the investors and spells-out future trend. The top gainers of the session were IDEA, POWERGRID, GAIL, TATAMOTORS & IDFC, while the top losers were PNB, HINDUNILVR, SUNPHARMA, JINDALSTEL & AXISBANK.

12.03 pm.
Nifty at 5392 and Advance/Decline at 36/14 is going strong. The top gainers are IDEA, IDFC, AMBUJACEM, POWERGRID & ACC, while the top losers are SUNPHARMA, ITC, HDFC, HINDUNILVR & CIPLA.

10.34 am.
Nifty quite steady and holding and building on morning gains. The formations of Nifty are quite encouraging and Advance/Decline has slightly relaxed to 36/14 but still positive. The top gainers are IDEA, IDFC, GAIL, POWERGRID & ACC, while the top losers are SUNPHARMA, HCLTECH, HDFC, PNB & HINDUNILVR.

09.28 am.
Nifty opened lukewarm and touched a high of 5385 amidst wide market breadth. At 5380 Nifty has an Advance/Decline ratio of 41/9. The top gainers are IDFC, ACC, AMBUJACEM, DLF & RCOM, while the top losers are SUNPHARMA, HCLTECH, HDFC, INFOSYSTCH & TCS. The weakness of Dollar continues to haunt the IT sector.

 

Pre Market Analysis 08.30 am.
  • Global cues are lukewarm & mixed.
  • Crude Oil is nearly stationary at $ 86.64 per barrel.
  • USD vs INR is almost unchanged at Rs.44.425
  • Nifty in the overbought zone and may continue consolidation with positive bias. Sideways movement may dominate day's proceedings.
  • Expected High/Low 5370,5390/5305,5260
  • Book part profit above 5370. Concentrate on your profits rather than looking at the Nifty levels.

 

Tuesday, April 06, 2010 

During the Market:

03.40 pm. Nifty went through consolidation and closed near flat at 5366just 2 points down the previous close. It was dull and eventless session. The top gainers were RPOWER, RCOM, SUZLON, BHEL & DLF, while the top losers were HCLTECH, CIPLA, M&M, JPASSOCIAT & AMBUJACEM.

01.27 pm.
Nifty could not make any significant movement except moving around the previous close. The Advance/Decline has become neutral now. The top gainers are SUZLON, BHEL, RELINFRA, RCOM & ICICIBANK, while the top losers are HCLTECH, CIPLA, M&M, AMBUJACEM & WIPRO. It has been a very boring and lackluster session till now.

11.29 am.
Its two and a half hour since opening Nifty is trading quiet. The Advance/Decline is negatively inclined at 21/29, although improving slowly since the morning. The top gainers are SUZLON, BHEL, RCOM, CAIRN & RELCAPITAL, while the top losers are HCLTECH, CIPLA, GAIL, JPASSOCIAT & HINDALCO.
 

09.35 am. Nifty opened lukewarm but tumbled into the red to make a low of 5351. The Advance/Decline is is negatively inclined at 18/32. The top gainers are SUZLON, RCOM, BHEL, CAIRN & TATAPOWER, the top losers are CIPLA, WIPRO, HCLTECH, JPASSOCIAT & HDFCBANK.


Pre Market Analysis 08.30 am.

  • Global cues are positive.
  • Crude Oil has improved to $ 86.77 per barrel.
  • USD vs INR has slipped to Rs.44.41
  • Nifty in the upper slab but still some upside may take place before consolidation. Nifty to cross 5400 and may close above it.
  • Expected High/Low 5405,5448,5470/5350,5310.
  • Book part profit over 5448, else wait patiently for levels above 5500.

 

Monday, April 05, 2010

Post-Market Review:

Today was a good day for Nifty as it broke out of the shackles of 5350 mark. The entire session was marked with up-rise with positive market breadth. Nifty opened at 5291 and made a high of 5377 and closing at near the high point at 5368. Nifty recorded a gain of 77 points over previous close. The top gainers of the day were HEROHONDA, RELINFRA, BHARTIARTL, DLF & ICICIBANK, while the top losers were IDEA, GRASIM, TCS, HINDUNILVR & LT.

 

Friday, April 02, 2010

Holiday - Good Friday

Thursday, April 01, 2010

During the Market:

03.40 pm. The early morning gains were not only sustained throughout the day but were built over in the second half. Nifty closed near the day's high at 5290 recording a gain of 41 points over previous close. The day was dominated by lackluster trading but the markets remained positive. The top gainers were TCS, JPASSOCIAT, TATASTEEL, TATAMOTORS & HDFC, while the top losers were HINDUNILVR, BHARTIARTL, MARUTI, IDEA & TATAPOWER.

02.21 pm.
Nifty has made a high of 5290 and is trading comfortably at 5287. The Advance/Decline is at 31/19. The top gainers are TATASTEEL, TCS, WIPRO, HDFC & JPASSOCIAT, while the top losers are BHARTIARTL, HINDUNILVR, TATAPOWER, MARUTI & AMBUJACEM.

01.22 pm.
European markets have opened in the positive thereby helping the sentiment. Nifty continues to trade in the range with good market
breadth. The Advance/Decline is at  29/20. The top gainers are TCS, WIPRO, INFOSYSTCH, RPOER & HDFC, while the top losers are HINDUNILVR, BHARTIARTL, M&M, TATAPOWER & MARUTI. The range bound trading is as usual boring and lackluster.

12.11 pm.
Nifty holding on to its position of early gains. The Advance/Decline at 33/16, IT and Banks lending the support. The top gainers are TCS, SUZLON, JPASSOCIAT, WIPRO & RPOWER, while the top losers are HINDUNILVR, TATAPOWER, BHARTIARTL, MARUTI & M&M. Nifty still moving in  a range.

10.37 am.
Nifty at 5278, holding on to its early gains. The Advance/Decline is poised at 37/13. The top gainers are RELINFRA, JPASSOCIAT, RPOWER, SUZLON & RELCAPITAL, while the top losers are HINDUNILVR, TATAPOWER, ONGC, AMBUJACEM & BPCL. After initial spurt Nifty is range bound but firm.

09.10 am.
Nifty opened with positivity and made a dash to 5285. The Advance/Decline is at 45/5. The top gainers are M&M, RCOM, HEROHONDA, RPOWER & DLF, while the top losers are HINDUNILVR, TATAPOWER, STER, ONGC & HDFCBANK.


Pre Market Analysis 08.30 am.

  • Global cues continue to be mixed with negative inclinations.
  • Crude Oil has improved to $ 83.40 per barrel.
  • USD vs INR has again weakened to Rs.44.975.
  • Nifty at a crucial juncture, some resilience expected.
  • Expected High/Low 5260,5290,5310/5230,5205
  • Wait for clearer indications. When things are confusing its not a compulsion to act.
  • Buy below 5190 and book part profits above 5320.

 

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