Archive August 2009
31/Aug/09
During the Market:
- 03.35
pm. Nifty closed weak at 4662 at a loss of 70 points with
Advance/Decline ending at 19/31. The top gainers were UNITECH, M&M,
BPCL, DLF & MARUTI, while the top losers were RELIANCE, STER, LT,
TATASTEEL & TATAPOWER.
- 02.17
pm. Markets have not reacted positively to to the news of GDP growth of
6.1%, but its expected the reaction may be belated toward the last leg
of the session.
- 01.40
pm. Nifty at 4649 after sliding to 4639 and Advance/Decline at 12/38.
The top gainers are UNITECH, DLF, CAIRN, SIEMENS & BPCL, while the
top losers are TCS, HINDALCO, LT, STER & GAIL.
- 12.32 pm. Nifty at 4668 after making a low of 4654 and the Advance/Decline at 10/40.
- 11.18
am. Nifty is consolidating at 4679 and Advance/Decline has improved to
16/34. The top gainers being UNITECH, CAIRN, DLF, ABB & SIEMENS,
while top losers are STER, INFOSYSTCH, LT, HINDALCO & TCS.
- 09.59
am. Nifty opened weak and made a low of 4662. The market breadth is
negative with Advance/Decline at 2/48. The gainers are CAIRN &
ONGC, while the top losers are TCS, LT, HINDALCO, INFOSYSTCH &
TATASTEEL.
Pre Market Analysis 09.00 am.
- Global cues are mixed.
- Crude oil is stable at $72.56.
- USD vs INR at Rs.48.87.
- Nifty in overbought region, either a breakout or small correction on the cards. Caution is required, if Nifty breaks out book some part of your profit, and if small correction takes place just wait.
- Expected choppiness and volatility.
- Expected High/Low 4760,4795/4690,4605.
- Chances of lower close are high.
28/Aug/09
During the Market:
- 01.11
am. Nifty dips to 4651 and Advance/Decline to 15/35, these dips are
effect change of shares from weak hands to strong hands, so hold your
stock and wait for the right opportunity.
- 12.40
pm. Nifty sinks to greater depth of 4672 acccompanied by
Advance/Decline at 21/29. Selling not advisable, wait for 4720 above
levels.
- 10.45
am. Nifty stopped to 4680 and Advance/Decline has turned negative at
24/26, these are small shakeups, the positivity is intact.
- 10.19
am. Market opened and instantly touched 4700 mark and made a high of
4713. Its trading at 4707 with Advance/Decline at 32/18. The top
gainers are CAIRN, SIEMENS, BHARTIARTL, DLF & CIPLA, while the top
losers being NATIONALUM, TATAPOWER, INFOSYSTCH, GAIL & HCLTECH. The
Nifty is consolidating above 4700 and is expected to crossover 4720
resistance.
Pre Market Analysis 09.00 am.
- Global markets are ruling mixed and nearly flat.
- Crude oil is at $72.59.
- USD vs INR at Rs.48.98, good for exports and IT companies but bad for imports.
- Nifty may consolidate with increased choppiness but is expected to end with marginal gains.
- Expected High/Low 4720,4760/4650.
- Book part profits at days high (above 4720). No fresh positions advised.
27/Aug/09
During the Market:
- 03.35
pm. Nifty closed at 4688 with Advance/Decline at 27/23. The top gainers
were GAIL, CIPLA, HCLTECH, BHARTIARTL & UNITECH, while the top
losers were TATASTEEL, TATAMOTORS, RPOWER, HINDUNILVR & SUZLON. The
High/Low of the day was 4707/4645.
- 01.41 pm. Nifty is moving sideways at 4700 for the past one hour. Advance/Decline is also maintained at 33/17.
- 12.58
pm. Nifty has touched 4700 and the market breadth has also improved,
now the Advance/Decline has risen to 33/17. The top gainers are
BHARTIARTL, CIPLA, HCLTECH, RELCAPITAL & WIPRO, while the top
losers now are HINDUNILVR, TATAMOTORS, ICICIBANK, TATASTEEL &
HEROHONDA.
- 11.15
am. Nifty is trading marginally negative in a range, at 4673 with even
market breadth. The Advance/Decline is at 23/27. The top gainers are
CIPLA, TATACOMM, BHARTIARTL, HCLTECH & WIPRO, while the top losers
are TATAMOTORS, TATASTEEL, HDFC, HINDUNILVR & HEROHONDA.
- 09.58 am. Nifty opened with weakness in conformity to global cues and touched a low of 4645 but quickly started the recovery.
The Advance/Decline at 7/24. The top gainers are BPCL, CAIRN,
INFOSYSTCH, TCS & ABB, while the top losers are TATAMOTORS, SUZLON,
UNITECH & M&M.
Pre Market Analysis 09.00 am.
- Global cues are marginally negative except US market.
- Crude is nearly stationary at $71.62.
- USD vs INR equals Rs.48.83
- MACD has made a positive crossover in the last quarter, indicative of faster pace of positive momentum in the near term for Nifty. This may happen after a short sideways movement or a small correction.
- Expected High/Low 4730,4760/4650,4605.
- Book your profits as when your target is achieved.
26/Aug/09
During the Market:
- 03.50
pm. Nifty has closed at 4680 gaining 21 points. The top gainers were
INFOSYSTCH, STER, TCS, WIPRO & TATACOMM, whle the top losers were
JINDALSTEL, RANBAXY, HINDUNILVR, HDFCBANK & HCLTECH. The high point
of the day was 4697.
- 03.00
pm. Nifty at 4672 and Advance/Decline at 28/22. The top gainers are
STER, INFOSYSTCH, TCS, WIPRO & TATAMOTORS, while the top losers are
HINDUNILVR, JINDALSTEL, RANBAXY, HDFCBANK & HCLTECH.
- 12.46 pm. Nifty after touching the previous close has recouped back to 4685 level. Advance/Decline has also recouped to 34/16.
- 12.29 pm. Nifty trading at 4672 and Advance/Decline down to 27/23. Nifty is showing weakness and may go down further.
- 10.46
am. Nifty has opened strong and has made a high of 4694 and the market
breadth is positive with Advance/Decline at 40/10. The top gainers are
TCS, WIPRO, INFOSYSTCH, DLF & STER, while the top losers are
HINDUNILVR, ITC, RANBAXY, MARUTI & HDFCBANK. Nifty is holding on to
its gains and is trading in a range of 4680-4695.
Pre Market Analysis 09.00 am.
- World markets slightly positive.
- Crude oil dipping to $71.76 per barrel.
- USD vs INR equals Rs. 48.79
- In the absence of cues either global or national Nifty likely to consolidate with choppiness. A higher close expected.
- Expected High/Low 4695,4720,4740/4610,4570.
- If your pre-meditated targets are being met book 25% of your holding, otherwise wait. No fresh buying advised.
25/Aug/09
During the Market:
- 03.35 am. Nifty finally closed almost flat at 4659 with a gain of 16 points after making a high of 4672.
The top gainers were RANBAXY, TATAMOTORS, HCLTECH, SUZLON & WIPRO,
while the top losers were BPCL, IDEA, SBIN, SAIl & GAIL. The market
breadth was even with gainers equaling losers.
- 01.59
am. Amidst all the calisthenics of Nifty its turning out to be flat
session. After making a low of 4582 Nifty has made a high of 4663. Its
now trading at 4650 and Advance/Decline at 29/21. The top gainers are
RANBAXY, HCLTECH, WIPRO, TATAMOTORS & SUZLON, while the top losers
are IDEA, BPCL, SAIL, BHARTIARTL & BHEL.
- 10.15
am. Nifty at 4623 after dipping to 4597, the Advance/Decline is at
19/31. The top gainers are HCLTECH, TATAMOTORS, CAIRN, TATACOMM &
POWERGRID, while the top losers are RELINFRA, ITC, IDEA, UNITECH &
GAIL.
Pre Market Analysis 09.00 am.
- The global cues are marginally negative.
- The crude oil is higher at $73.92 per barrel.
- USD vs INR stands at Rs.48.50.
- Nifty can behave in a contrarily to global negative cues. Being last settlement day of the month expect the unexpected.
- Expected High/Low 4690,4740/4550,4500.
- Book 'some' profits at highs otherwise wait & watch. Its not necessary that one may take positions everyday.
24/Aug/09
Updates were not possible because of a technical snag. We regret the inconvenience.21/Aug/09
During the Market:
- 03.35
pm. Nifty closed at 4528 with a gain of 75 points. The top gainers were
HCLTECH, HEROHONDA, RANBAXY, AXISBANK & ICICIBANK, while the top
losers were AMBUJACEM, HDFCBANK, RPOWER, SUNPHARMA & LT.
- 03.11 pm. Nifty at 4535 after touching 4538 and Advance/Decline holding on to 44/6.
- 02.38
pm. Nifty has touched 4516 and Advance/Decline has stregthened to 44/6.
The gainers are led by HCLTECH, HEROHONDA, GAIL, M&M &
AXISBANK, while the losers are SUNPHARMA, AMBUJACEM, RPOWER, LT &
HDFCBANK.
- 01.51 pm. Nifty has made a high of 4493 and is currently trading at 4472. The Advance/Decline has nearly reversed to 32/18.
- 12.37
pm. Nifty has steadily climbed to 4450 and has touched a high of 4460.
The Advance/Decline has considerably improved to 22/28. The top gainers
are HCLTECH, HEROHONDA, ABB, GAIL & BHEL, while the top losers are
HDFCBANK, CIPLA, SUNPHARMA, RANBAXY & RPOWER.
- 10.35 am. Advance/Decline has improved to 16/34, it may be another day of consolidation.
- 10.06
am. Nifty has opened on a weak note. After touching a low of 4400 its
trading at 4416 with negative market breadth, Nifty is led by 4 and
dragged by 46. The top gainers are HEROHONDA, ACC, IDEA & GAIL,
while the top losers are SUNPHARMA, CIPLA, ITC, HINDALCO &
SIEMENS.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude oil is at $72.35 per barrel.
- USD vs INR at Rs.48.70.
- Nifty is expected to reciprocate the positive global cues accompanied by consolidation.
- Expected High/Low 4490,4520,4560/4440,4405.
- Wait & watch for the right opportunity. Buy below 4460 sell above 4690.
20/Aug/09
During the Market:
- 03.35 pm. Nifty finally closed at 4453 with a gain of 59 points over previous close, amidst wide market breadth.
- 03.01
pm. Nifty has recede to 4460 with Advance/Decline at 45/5. The top
gainers are MARUTI, M&M, HEROHONDA, SBIN & IDEA, while the top
losers are BHARTIARTL, HINDUNILVR, GAIL, BPCL & CIPLA.
- 02.33 pm. Nifty broke out of the range and touched 4492 with Advance/Decline at 46/4.
- 01.15
pm. Nifty still trading in a tight range around 4470, with
Advance/Decline at 47/3. The top gainers are MARUTI, IDEA, M&M,
SBIN & CAIRN, while three losers are BHARTIARTL, BPCL & GAIL.
- 11.32 am Nifty holding on to its early morning gains and trading in a tight range. The Advance/Decline is at 49/1.
- 10.00
am. Nifty has opened flat but with strength and immediately touched a
high of 4476. The market breadth is positive with 48 shares gaining and
just 2 shares declining. The top gainers are CAIRN, TATASTEEL,
HINDALCO, SBIN & SUZLON, while the top losers are two namely GAIL
& BPCL.
Pre Market Analysis 09.00 am.
- Global cues are mixed.
- Crude oil has strengthened to $72.49
- USD vs INR equals Rs.48.72.
- Nifty in oversold zone, a marginal recovery expected accompanied with volatility.
- Expected High/Low 4420,4460,4495/4305,4270.
- Buy at all declines for mid term.
19/Aug/09
During the Market:
- 03.35
pm. Nifty closed at 4394 after making a low of 4353, amidst negative
market breadth. The top gainers were NATIONALUM, HDFC, TATACOMM,
HDFCBANK & ABB, while the top losers were ACC, RELINFRA, RCOMM,
GRASIM & RELCAPITAL.
- 12.53
pm. The Advance/Decline has dipped to 6/44 and Nifty trading weak at
4374. It is expected to recoup by the end of the session and may close
nearer to previous close.
- 10.15
am. Nifty has made a low of 4452 and a high of 4477 since opening. Its
trading at 4465 with Advance/Decline at 33/17. The top gainers are
CIPLA, ABB, CAIRN, STER & DLF, while the top losers are SUNPHARMA,
BHARTIARTL, IDEA, HEROHONDA & LT.
Pre Market Analysis 09.00 am.
- Global cues are positive but with caution.
- Crude oil has bounced back to $70.22 per barrel.
- USD vs INR has risen to Rs.48.74, better for exporters.
- Nifty expected to be volatile and choppy.
- Expected High/Low 4554/4450,4392.
- Buy at all declines below 4460. Book profits above 4694.
18/Aug/09
During the Market:
- 03.45
pm. Nifty closed at 4458, market breadth was positive with
Advance/Decline at 39/11. The top gainers were HINDALCO, SIEMENS, LT,
HINDUNILVR & NATIONALUM, while the top losers were HCLTECH, CIPLA,
UNITECH, TATACOMM & INFOSYSTCH.
- 02.37 pm. Nifty at 4470 and Advance/Decline improved to 41/9.
- 02.04
pm. Nifty at 441 after slipping to 4424, the Advance/Decline is at
36/14. The top gainers are HINDALCO, LT, SIEMENS, HINDUNILVR &
NATIONALUM, while the top losers are UNITECH, HCLTECH, GAIL, TATACOMM
& CIPLA.
- 01.34 pm. Nifty has receded to 4453 and Advance/Decline at 42/8.
- 12.48
pm. Nifty trading at 4467 after making a high of 4476 and
Advance/Decline at 44/6. The top gainers are HINDALCO, LT, SUZLON,
NATIONALUM & DLF, while the top losers are CIPLA, TCS, INFOSYSTCH
& TATAPOWER.
- 12.05
pm. Nifty touching 4460 showing resilience and continuing its smart
recovery with Advance/Decline at 46/4. It seems all the grave concerns
of yesterday were misconceived.
- 10.03
am. Nifty started with a dip but then resilience overtook and Nifty
became positive with Advance/Decline climbing to 41/9. The top gainers
are HCLTECH, NATIONALUM, M&M, RANBAXY & HEROHONDA, while the
top losers are TATAPOWER, GRASIM, HDFC, ABB & SUNPHARMA.
Pre Market Analysis 09.00 am.
- Global cues depressing but have a silver lining for those who were feeling left -out. This situation is ideal for cherry-picking.
- Crude oil has taken the beating and has slipped to $66.68 per barrel. Amidst global fears of unsustainable growth.
- INR vs USD has risen to Rs.48.59/$. Exporters to benefit.
- Nifty has slipped to over sold zone, the today's opening and close are expected to have small difference but choppiness to increase.
- Expected High/Low 4420,4460/4290,4260.
- Buy at all declines.
17/Aug/09
The updates were not possible due to power failure, we are extremely sorry..During the Market:
- 10.05 am. Nifty at around 4480-4460 levels present a good opportunity to buy selectively.
- 09.57
am. Nifty has opened weak and has made a low of 4489. Its now trading
at 4500 level with Advance/Decline 2/48. The top gainers are BPCL
& NTPC while the top losers are STER, TATASTEEL, HINDALCO, UNITECH
& MARUTI.
Pre Market Analysis 09.00 am.
- Global cues are negatively inclined.
- Crude oil has slumped to $67.47 per barrel.
- INR vs USD is at Rs.48.27
- Nifty awaiting for positive cues till then sideways movement may continue. The prime movers are FIIs, if they buy Nifty may rise.
- Expected High/Low 4630,4660,4715/4510,4455.
- Nifty may be choppy, it would be better to wait for clearer signal before taking a position.
14/Aug/09
During the Market:
- 03.35
pm. Nifty traded in a range and all throughout the session the market
breadth was negative. Nifty closed at 4580 and Advance/Decline at
13/37. The top gainers were ONGC, CAIRN, GAIL, TATACOMM & RELINFRA,
while the top losers were HCLTECH, AMUJACEM, HINDUNILVR, RCOM &
SUZLON.
- 02.37
pm. Nifty trading in a range at 4584. Nifty needs to break out above
4620 to move towards 4700 mark. The Advance/Decline is also not
favourable at 17/33. Inspite of the present situation long term is
favourably inclined and intact.
- 01.15
pm. Nifty at 4594 after touching a low of 4559, and market breadth
turning slightly negative at 22/28. The top gainers are ONGC, GAIL,
TATACOMM, BPCL & RELINFRA, while the top losers are HCLTECH, ITC,
HDFC, WIPRO & HEROHONDA.
- 12.16 pm. Nifty recouped to 4612 but then again could not sustain and fell beck to 4578 level.
- 11.45 am. The market breadth is evenly poised with Advance/Decline at 25/25. The formation suggests of an early break out.
- 10.08
am. Nifty opened flat and after making a high of 4619 slipped to 4584.
The market has an Advance/Decline of 25/25, equally poised. The top
gainers are ONGC, SAIL, NATIONALUM, SIEMENS & BPCL, while the top
losers are HCLTECH, HDFC, MARUTI, ITC & INFOSYSTCH.
Pre Market Analysis 09.00 am.
- Global cues are just positively inclined.
- Crude has improved to $71.08 per barrel.
- INR vs USD at Rs.48.01.
- Nifty may move up to 4700 consolidating and with positive bias.
- Expected High/Low 4670,4694,4720/4605,4592.
- Book profits at Highs if your objective is met.
13/Aug/09
During the Market:
- 03.40
pm. Nifty made a high of 4614 and finally closed at 4605 (as expected)
with a gain of 147 points. The top gainers were HCLTEC, UNITECH, DLF,
ICICIBANK & TATACOMM, the market breadth was very good the
Advance/Decline was at 50/0.
- 03.01
pm. Nifty has crossed 4600 level and has made a high of 4604. The
Advance/Decline is maintained at 49/1. The top gainers are HCLTECH,
DLF, TATACOMM, UNITECH & MARUTI, while the top loser is BPCL.
- 02.39 pm. Nifty has touched 4590 and Advance/Decline is back at 49/1.
- 01.47
pm. Nifty is consolidating since early morning gains. Nifty at 4545 and
Advance/Decline slightly down to 48/2. The top gainers are HCLTECH,
TATACOMM, UNITECH, ICICIBANK & MARUTI, while the two losers are
BPCL & CIPLA.
- 12.04 pm. Nifty at 4564 and Advance/Decline at 50/0, a very strong situation.
- 11.22 am. Nifty is now trading at 4556 with Advance/Decline at 49/1. It may trade in a range for a while before breaking out.
- 10.07
am. Nifty as expected opened with strength and immediately touched a
high of 4549 and is trading sideways. The Advance/Decline is at 49/1.
The top gainers are UNITECH, ICICIBANK, M&M, STER & TATACOMM,
while the top loser is BPCL.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude has recovered to $70.69 per barrel.
- INR vs USD equals Rs.48.12
- Nifty to be choppy with positive bias and may close with gains around 4600.
- Expected High/Low 4530,4596,4630/4457,4400.
- Buy at lows and hold.
12/Aug/09
During the Market:
- 03.40
pm. Nifty closed flat at 4457 just a loss of 13 points. The top gainers
were BHARTIARTL, RANBAXY, JINDALSTEL, TATAMOTORS & DLF, while the
top losers were TCS, TATASTEEL, CAIRN, TATACOMM & HINDUNILVR.
- 02.55
pm. Nifty as expected making effort to reach back to square one. Nifty
is at 4447 and Advance/Decline at 20/30. The top gainers are
BHARTIARTL, RANBAXY, BPCL, JINDALSTEL & TATAMOTORS, while the top
losers are TATASTEEL, TCS, CAIRN, HINDUNILVR & HINDALCO.
- 01.18 pm. Nifty as expected touched a low of 4359 and is expected to recoup from this level.
- 12.10
am. Nifty at 4388 after making a low of 4375 and Advance/Decline at
7/43. The top gainers are BHARTIARTL, RANBAXY, BPCL, SUNPHARMA &
CIPLA, while the top losers are TATASTEEL, TCS, HCLTECH, CAIRN &
HINDALCO.
- 11.15 am. Nifty has breached 4000 mark and has touched 4391, with marked negativity the Advance/Decline is at 9/41.
- 10.05
am. Nifty opened with weakness in synchronization with the global cues.
The opening Advance/Decline was at 4/46 and Nifty dipped to 4405. Later
the markets started recovering with Advance/Decline at 11/39. The top
gainers are SUNPHARMA, RANBAXY, AMBUJACEM, BPCL & CIPLA, while the
top losers are STER, ICICIBANK, TATACOMM, HCLTECH & TCS.
Pre Market Analysis 09.00 am.
- Global cues are negative.
- Crude oil is at $69.53 per barrel.
- INR vs USD Rs.47.94.
- Nifty may be range bound but with volatility. Close can be flat or with marginal gains.
- Expected High/Low 4495,4540/4355.
- Buy at lows and hold.
11/Aug/09
During the Market:
- 03.35
pm. Nifty closed at 4471 with a gain of 33 points. The market breadth
was positive for most part of the session. The top gainers were
TATAMOTORS, JINDALSTEL, HCLTECH, RANBAXY & GAIL, while the top
losers were HDFC, TATACOMM, NTPC, ONGC & CIPLA.
- 02.50 pm. Nifty dropped below previous close and Advance/Decline also dropped to 24/26.
- 02.01
pm. Nifty has touched 4509 and the Advance/Decline stands at 46/4. The
top gainers are TATAMOTORS, RANBAXY, JINDALSTEL, M&M & GAIL,
while top losers are HDFC, NATIONALUM, NTPC & ONGC.
- 12.12 am. Nifty has made a high of 4491 and Advance/Decline has improved further to 42/8.
- 11.04
am. Tyhe Advance/Decline ratio for Nifty has improved to 40/10 and
Nifty has made a high of 4484 by now. The top gainers are M&M,
TATAMOTORS, RANBAXY, SUZLON & JNDALSTEL, while the top losers are
HDFC, NATIONALUM, NTPC, SUNPHARMA & ITC.
- 10.01
am. Nifty has opened with a gap downwards and has made a low of 4403
with a high of 4441. Now its trading in the negative region with
Advance/Decline at 24/26. The top gainers are CIPLA, HCLTECH, M&M,
SUZLON & TCS, while the top losers are HDFC, AMBUJACEM, ITC,
HEROHONDA & NTPC.
Pre Market Analysis 09.00 am.
- Global cues are marginally positive.
- Crude oil has marginally gained to $70.71 per barrel.
- INR vs USD equals Rs.47.81.
- Increase in volatility expected, chances of marginal recovery is on the cards.
- Expected High/Low 4490/4320.
- Cherry picking can be done below 4350 levels.
10/Aug/09
During the Market:
- 03.35
pm. Nifty closed near day's low at 4437 and even breached 3400 mark to
touch a low of 4399. The Advance/Decline at 10/40 was weak throughout
the session. The top gainers were TCS, AXISBANK, CIPLA, WIPRO &
INFOSYSTCH, while the top losers were M&M, ACC, AMBUJACEM, SUZLON
& BPCL.
- 02.30 pm. Nifty at 4470 and Advance/Decline at 24/26. Nifty again has dipped below previous close.
- 01.27
pm. Nifty is just above the previous close and Advance/Decline at
31/19. The top gainers are TCS, CIPLA, HINDALCO, IDEA & WIPRO,
while the top losers are M&M, ACC, AMBUJACEM, HEROHONDA &
BHARTIARTL.
- 11.26
am. Nifty after opening into the positive touched 4486 then could not
hold on and slipped to make a low of 4430. The Advance/Decline is at
14/36. If Nifty slips below 4405 then the next resistance is at 4356.
The recovery from the prsent level is quite likely.
- 09.59
am. Nifty has opened strong with Advance/Decline at 49/1. The lone
share going down is ITC, while top gainers are STER, DLF, HINDALCO,
NATIONALUM & UNITECH. Nifty has made a high of 4562.
Pre Market Analysis 09.00 am.
- Global markets are positive, this could cheer the Nifty.
- Crude is at $70.57, a bit down.
- INR vs USD stands at Rs.47.86.
- Some cheer may return to Nifty with consolidation. Close is expected to be near highs.
- Expected High/Low 4548,4570,4598/4460,4420.
- Patient waiting may pay better returns.
07/Aug/09
During the Market:
- 03.40
pm. Nifty finally closed at 4481 a correction of 104 points. The top
gainers were BPCL, GAIL, NTPC, POWERGRID & TATASTEEL, while top
losers were UNITECH, SUZLON, RCOM, MARUTI & M&M. The market
breadth was negative with Advance/Decline at 6/44.
- 03.14
The selling pressure is in tandem with the negative global cues. This
presents an excellent emerging opportunity if Nifty goes below 4490 to
do cherry picking , so wait for building position, but don't sell till
profitable.
- 11.39
am. Nifty trading at 4540 and has made a low of 4520, the
Advance/Decline is at 12/38. Advised not to sell your holdings, just
wait for the breakout.
- 10.28
am. Nifty opened weak and made a low of 4534, the Advance/Decline is at
18/32 which would reverse soon. The top gainers are SUNPHARMA, WIPRO,
ONGC, CAIRN & GRASIM, while the top losers are MARYTI, M&M,
HEROHONDA, HINDUNILVR & SBIN.
Pre Market Analysis 09.00 am.
- Global cues are negative but with a negative tilt.
- Crude is unchanged at $71.59.
- INR vs USD stands at Rs.47.58, not a noticeable change.
- Nifty is showing a negative movement taking cues from global markets and increase in WPI ( Wholesale Price Index) by 1.58% over last year.
- Nifty may become more volatile and choppy but may show resilience soon. The break out can happen any day ( Nifty crossing 4810).
- Expected High/Low 4605,4670/4510,4470.
- Wait
& watch. Use this as an opportunity to do selective pickings
instead of panic selling, the Nifty is to bounce back with resilience
very soon.
06/Aug/09
During the Market:
- 03.40 pm. Nifty closed at 4585 after touching a low of 4559.
- 03.01
pm. Nifty may be pushing and crashing down, but the bigger players are
purchasing. They create such situations to wean out weak investors,
hold your stocks tightly.
- 02.57 pm. Nifty had a great fall to 4585 with Advance/Decline coming down to 4/46, don't sell in this created panic situation.
- 02.40
pm. Nifty made a last ditch effort to transfer shares from weak hands
to strong hands by suddenly plummeting to 4627, Advance/Decline
synchronizing to 12/38 level. Keep calm and only watch the big fish in
action, who have taken a negative cue from the fall in WPI (Wholesale
Price Index) of 1.58 % year/year.
- 01.32 pm. Nifty has recuperated to 4713 with Advance/Decline reversing to 30/20.
- 11.39
am. Nifty is trading in a range (4655-4680), and Advance/Decline has
improved to 18/32. BPCL, SUNPHARMA, TATACOMM, RANBAXY & SIEMENS
are top gainers, while MARUTI, M&M, HEROHONDA, STER & AMBUJACEM
are top losers. Again the positive action is expected in the last hour
of the session.
- 10.10
am. Nifty opened with weakness following global cues and touched a low
of 4652 with depressing Advance/Decline at 7/43. The top gainers are
NATIONALUM, BPCL, AXISBANK, BHEL & SUNPHARMA, while the top losers
are UNITECH, STER, TATASTEEL, DLF & HCLTECH. Investors don't panic,
keep calm and just watch.
Pre Market Analysis 09.00 am.
- Global cues are negatively inclined.
- Crude oil is at $71.55, stabilizing.
- INR vs USD at Rs.47.67 has marginally improved.
- Nifty is waiting for a trigger and till then consolidating at current levels.
- Expected High/Low 4730,4787/4610,4560.
- Formations are suggestive of a positive breakout any day, so, its advised to wait and hold on for profit booking. Let the market give clearer indications before taking a position.
- If you can wait gains would be much higher.
05/Aug/09
During the Market:
- 03.35 pm. Nifty closed at 4694 nearly flat gaining just 13 points. These
type of Nifty's movement suggest changing of shares from weak hands to
strong hands. The Nifty is forced to remain and trade below the
previous close for entire session and gaining back (buy-back) in the
fag end to square positions. This is the handiwork of big fish so small
investors may be aware and don't sell in panic and just hold on.
- 03.08 pm. Nifty after day long exercise came back to from where it has started. The Advance/Decline has improved to 24/26.
- 12.59
pm. Advance/Decline is at 12/38. The positive news is FTSE has opened
positive and this may bring in positivity in otherwise a dull trading.
- 12.27 pm. Nifty is trading in a range in the negative zone, further the depressed global cues are adding to the negativity.
- 10.21
am. Nifty opened with a positivity and made a high of 4717 and a low of
4676. Now its trading at 4699 with Advance/Decline at 28/22. The top
gainers are INFOSYSTCH, RELINFRA, TATAMOTORS, RELIANCE & BPCL,
while the top losers are AXISBANK, NATIONALUM, GAIL, HINDALCO &
ITC.
Pre Market Analysis 09.00 am.
- Global cues are mixed and nearly neutral.
- Crude has marginally improved to $71.76.
- INR vs USD stands at Rs.47.54, exporters may feel the pinch.
- Nifty after yesterday's small but healthy correction may soon cross to next upper level.
- The international confidence in Indian economy is improving.
- Nifty may become choppy but will consolidate further with predominantly sideways movement. Its taking a breather before zooming to next higher level soon.
- Expected High/Low 4740,4780/4610.
- Wait for a positive breakout before booking profits.
04/Aug/09
During the Market:
- 03.40
am. Nifty closed at 4680 a loss of 30 points. The top gainers were
BPCL, HINDALCO, HINDUNILVR, TATAMOTORS & NATIONALUM, while the top
losers were TATAPOWER, CIPLA, ONGC, AXISBANK & RELINFRA.
- 03.06 am. Nifty slipped to a low of 4642 and the Advance/Decline to 11/39, this appears as a small correction which is healthy.
- 12.42
pm. Nifty has been swinging in the range of 30-40 points in the
negative zone since the morning. The Advance/Decline at 22/28. The
breakout is expected soon. The top gainers are BPCL, TATAMOTORS,
HINDALCO, NATIONALUM & RELCAPITAL, while the top losers are
TATAPOWER, CIPLA, ONGC, ITC & BHARTIARTL.
- 10.18
am. Nifty opened at 4706 and touched a low of 4676. Its now trading at
4686 with Advance/Decline at 18/32. HINDALCO, NATIONALUM, STER, SUZLON
& TATAMOTORS are top gainers, while the top losers are TATAPOWER,
CIPLA, ITC, ONGC & BHARTIARTL.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude has appreciated to $71.43 per barrel.
- INR vs USD is at Rs.47.87 not a good news for exports.
- Nifty trading in over bought zone but since the global cues are supportive chances of profit booking are remorse.
- Since
Nifty has run for three consecutive sessions there is a possibility of
consolidation. There is also a strong possibility of Nifty crossing the
resistance and leaping to next level of 4850+
- Expected High/Low 4780,4838,4890/4670.
- Wait & watch for new highs before booking profits, as breakout is expected soon.
03/Aug/09
During the Market:
- 03.35 am. Nifty closed at day's high at 46722 and Advance/Decline at 41/9.
- 02.41
am. Nifty at 4675 with Advance/Decline at 33/17. The top gainers are
HINDALCO, M&M, NATIONALUM, HCLTECH & BHEL, while the top losers
are SUZLON, HINDUNILVR, BPCL, GAIL & TATACOMM. Positive breakout on
the cards.
- 01.04 am. Nifty consolidating at 4653 and has recouped the early morning gains.
- 11.24
am . Nifty trading at 4655 with Advance/Decline at 35/15. MARUTI,
CAIRN, RCOM, STER & TATASTEEL are the top gainers, while top losers
are SUZLON, HINDUNILVR, TATACOMM, BPCL & HDFCBANK.
- 10.24
am. Nifty opened 3 points lower but came back with resilience to reach
a high of 4665 and ever since is holding on in the positive zone. The
Advance/Decline is at 33/17 which is fair at this stage of overbought
status. The top gainers being STER. HINDALCO, CAIRN, RACOM &
HCLTECH, while top losers are SUZLON, HINDUNILVR, RELCAPITAL, BPCL
& DLF.
Pre Market Analysis 09.00 am.
- Global cues are just positive with the exception of European markets which are non-supportive.
- Crude has appreciated to $69.92.
- INR vs USD is at Rs.48.16.
- Nifty
is all positive but in over-bought zone. Choppiness expected but fresh
buying may buoy the Nifty. Lot of fresh money waiting on the sidelines.
- Expected High/Low 4695, 4720/4560.
- When Nifty is riding high the GREED factor sets in and disrupts your PLANS, the advise is to stick to your plans.
Don't fall prey to so called EXPERTS' targets, have your own study
