Archive July 2009
31/Jul/09
During the Market:
- 03.35
pm. Nifty made a last ditch effort to change shares from weak hands to
strong hands by dipping to 4589, thereafter it recouped the early
morning gains to close at 4636 recording a gain of 65 points. The top
gainers of the day were HINDALCO, TATAMOTORS, NATIONALUM, ONGC &
SBIN, while the top losers were BHARTIARTL, JINDALSTEL, BPCL, HCLTECH
& HEROHONDA.
- 02.47
pm. Nifty at 4615 developing weakness with Advance/Decline at 29/21.
The top gainers are NATIONALUM, TATAMOTORS, SBIN, ONGC & IDEA,
while top losers are JINDALSTEL, BHARTIARTL, HEROHONDA, RPOWER &
HCLTECH.
- 01.57
pm. Nifty is maintaining its gains at 4644 and Advance/Decline at
38/12. The breakout from this range bound trading is quite evident,
only it is matter of time.
- 12.21 pm. Nifty at 4643 with Advance/Decline at 42/8. Nifty is finding support at 4640.
- 11.45
am. Nifty is holding on to its morning gains and moving sideways. If
this stalemate continues for some time then the moves may not be
favorable. The Advance/Decline is at 43/7 and the top gainers are ONGC,
TATAMOTORS, SBIN, NATIONALUM & STER, while the top losers are BPCL,
JINDALSTEL, HEROHONDA, POWERGRID & BHARTIARTL.
- 10.10.
am. Nifty has opened on a very positive note with Advance/Decline at
49/1. Nifty has made a high of 4658 and is trading at 4650. The top
gainers are HINDALCO, TATAMOTORS, NATIONALUM, STER & SUZLON, while
the top loser is BPCL.
Pre Market Analysis 09.00 am.
- World markets are positively inclined.
- Crude oil is back at $66.53 per barrel.
- INR vs USD is stable at Rs.48.49.
- If Nifty crosses 4595 a positive breakout is on the cards.
- Expected High/Low 4638,4689/4552,4535.
- Choppiness to continue, if breakout doesn't happen, the day may turn out to be a consolidation day.
- Wait & watch till breakout takes place.
30/Jul/09
During the Market:
- 03.35 pm. Nifty finally closed with a gain of 57 points at 4571. The high point of the day was 4582.
- 02.49
pm. Advance/Decline at 27/23 and Nifty at 4530. The top gainers are
TCS, HINDUNILVR, HDFC, WIPRO & SBIN, whereas the top losers are
PNB, SUNPHARMA, JINDALSTEL, BHARTIARTL & ABB.
- 01.46 pm. Nifty is consolidating at 4533 levels for a breakout. The Advance/Decline is at 26/24.
- 12.56
pm. Nifty rose to the level of 4551 and now is trading sideways. Since
Advance/Decline is at 29/21 more upside and strength is expected.
- 11.46
am. Nifty after making a double bottom at 4474 is back in business, a
sign which denotes powerful upside. Nifty has rebounded to be in
positive zone at 4518 with advance/Decline at 24/26. TCS, WIPRO, BPCL,
HDFC and HINDUNILVR are top gainers , while PNB, SUNPHARMA, NATIONALUM,
CAIRN & ACC are top losers.
- 10.16
am. Nifty trading at 4484 with Advance/Decline at 19/31. The top
gainers are BPCL, HEROHONDA, POWERGRID, HINDUNILVR & RPOWER, while
the top losers are PNB, TATASTEEL, CAIRN, HINDALCO & ACC. The
market breadth is negative.
Pre Market Analysis 09.00 am.
- The global markets are slowly turning positive.
- Crude oil has dropped further to $63.02, a negative cue.
- INR vs USD stands at Rs.48.47.
- Today being last day of F&O closing nothing great is expected.
- Nifty may be choppy with flattish outlook and range bound, but if Nifty crosses and closes above 4595 a spurt is expected, but today it seems bleak.
- The day may turn out dreary.
- Expected High/Low 4570,4605,4638/4460,4410.
- Wait & watch.
29/Jul/09
During the Market:
- 03.35
pm. Nifty has closed at 4513 making a loss of 50 points over previous
close. These small corrections are healthy for Nifty.
- 02.37
pm. Nifty is now trading at 4507 with the Advance/Decline at11/39,
slowly the Nifty is recouping. The top gainers are JINDALSTEL, M&M,
TCS, PNB & BPCL, while the top losers are DLF, SAIL, TATASTEEL,
UNITECH & SUZLON.
- 12.28
pm. Today being a day before F&O settlement lot of volatility is
visible. Its better to stay clear of the market but the high risk
intra-day players can now dip their hands at these levels.
- 11.57 am. Nifty has touched a new low of 4460 and Advance/Decline has slumped to 6/44.
- 11.38
am. Nifty at 4543 and Advance/Decline reversed at 20/30. It is quite
possible that Nifty may form a new low and from there the recovery may
start.
- 10.57
am. Nifty has recovered from the lows to previous close level, the
Advance/Decline has also improved to 30/20 and Nifty is trading at 4568.
- 10.03
am. The top gainers are CIPLA, BPCL, MARUTI, RANBAXY & HEROHONDA,
while the top losers are SUZLON, CAIRN, TATASTEEL, SAIL & DLF.
- 10.00
am. Nifty has opened weak and made a low of 4521 with Advance/Decline
slipping to 10/40, but this is a temporary phase it may recover very
soon. Further, its indicative of consolidation day.
Pre Market Analysis 09.00 am.
- Global cues have turned negative.
- Crude oil has dropped to $66.85 per barrel.
- INR vs USD stands at Rs.48.21 (unchanged from previous day).
- Nifty may move in a range but may close near day's high. The resilience is on the cards.
- Expected High/Low 4610,4658/4505,4480.
- Don't wait book profits as when possible.
28/Jul/09
During the Market:
- 03.45 am. Nifty closed nearly flat at 4564 just -8points, otherwise it was a day of consolidation. The Advance/Decline closed at 31/19, the high point of the day was 4599 and a low of 4529. The top gainers were TATAMOTORS, UNITECH, AMBUJACEM, RELINFRA & DLF, while the top losers were HINDUNILVR, ABB, IDEA, ICICIBANK & JIMDALSTEL.
- 12.54 pm. Nifty after remaining range bound since last two hours around 4440-4445 has broken out positively to previous close levels with Advance/Decline improving considerably to 33/17.
- 10.50 am. Nifty has recovered from a low of 4529 to 4548, but Advance/Decline is critacally poised at 20/30.
- 10.07
am. Nifty opened elated and touched 4595 and subsequently slumped 4548.
The Advance/Decline is at21/29 denoting narrow market breadth. The
Advancing stocks are topped by TATAMOTORS, UNITECH, DLF, POWERGRID
& BPCL, while top Decliners are ICICIBANK, AXISBANK, HEROHONDA,
HDFCBANK & BHARTIARTL.
Pre Market Analysis 09.00 am.
- Global cues are marginally positive with exception of China & Hong Kong which are negatively poised.
- Crude oil is stabilizing at $68.05 per barrel.
- INR vs USD is at Rs.48.21.
- Expected High/Low 4640,4695/4556,4505.
- Nifty may trade positive mostly, the session may be choppy.
- No
fresh positions advised but be vigilant and book your profits as and
when they accrue. Execute your targeted plans without caring for the
EXPERTS.
27/Jul/09
During the Market:
- 03.37 pm. Nifty close almost flat at 4572 gaining just 3 points over previous close.The top gainers for the day were HINDUNILVR, TATAPOWER, AXISBANK, DLF & TATASTEEL, while the top decliners were GAIL, RELIANCE, HEROHONDA, ONGC & IDEA.
- 02.48. pm. Nifty has dipped to make a low of 4528 with Advance/Decline at 27/23. TATAPOWER, HINDUNILVR, AXISBANK, DLF & ITC are top gainers while the top losers are HEROHONDA, GAIL, RELIANCE, ONGC & HDFC. Not much is expected as far as level of Nifty is concerned but some index non-heavy shares are rising.
- 11.30
am. Nifty is trading in a positive zone, its finding resistance at 4595
levels. Advance/Decline is at 36/14, the top gainers are HCLTECH, DLF,
HINDUNILVR, AXISBANK & RCOM, while top losers are RELIANCE,
HEROHONDA, MARUTI, TATAMOTORS & GAIL.
Pre Market Analysis 09.00 am.
- Global cues are mixed.
- Crude is consolidating and gradually strengthening to $68.11.
- INR vs USD stabilizing at Rs.48.38.
- Nifty in over bought zone signaling a static market with little range bound movement and settling for a lower close.
- Expected High/Low 4585,4610/4504,4460,4404.
- Booking profits is an art, one should not pay heed to media and experts' opinion everyone has its vested interest and are paid for it.
24/Jul/09
During the Market:
- 03.35 pm. Nifty closed at 4568 with a gain of 44 points. The top gainers were TATAMOTORS, SUZLON, TATASTEEL,DLF & MARUTI, while the top losers were PNB, SUNPHARMA, AMBUJACEM, SAIL & SBIN.
- 01.44 pm. After touchinga low of 4504 Nifty again recouped back to 4558 levels, the Advance/Decline also improved to 35/15. Global markets are all showing gains, which is a positive cluw. The
top gainers are TATAMOTORS, SUZLON, TATASTEEL, MARUTI & ABB, while
the top losers are HDFC, AMBUJACEM, PNB, RELIANCE & SAIL.
- 11.16
am. After touching 4514 Nifty is trading at 4542 Advance/Decline has
dropped to 27/23 and looks weak. Nifty can make an upmove only when it
crosses 4585. Whenever Nifty nears highs the selling starts. Further,
today being Friday traders may not carry fresh positions over the
week-end.
- 10.10
am. Nifty has opened positive and instantly touched a high of 4575 and
now is consolidating at 4544. The Advance/Decline is at 34/16 and the
top gainers are IDEA, SUZLON, RANBAXY, UNITECH & CAIRN. The top
losers are GRASIM, AMBUJACEM, ITC, GAIL & TATACOMM.
Pre Market Analysis 09.00 am.
- Global cues are upbeat and positive.
- Crude is gradually consolidating at $66.76/barrel.
- INR vs USD virtually stabilizing at $48.44.
- Nifty may surprise many with its moves and may be resilient. More upside is to be seen once it crosses and closes above 4580.
- Expected High/Low 4585,4605/4470.
- Small investors are advised to convert paper profits into real and stop worrying where Nifty goes.
23/Jul/09
During the Market:
- 03.35 pm. Nifty closed at 4523 with a gain of 124 points. After breaking out positively Nifty made a high of 4532. The top gainers of the day are DLF, RELINFRA, MARUTI, SUZLON & HINDALCO, while the day's losers are BHARTIARTL & ONGC. The market breadth remained positive throughout the session.
- 02.21 pm. Nifty has broken out positively and has touched a new high of 4519.
- 02.12 pm. Nifty at 4472 and Advance/Decline at 45/4. Its a long time since Nifty has been range, its expected to breakout probably negatively as the bears may be gathering strength for the assualt.
- 01.02 pm. Nifty at 4464 and Advance/Decline at 44/6. Nifty has been operating in a range of 4550 to 4480 from nearly last two hours.
- 11.17 am. Nifty is slipping gradually and has reached 4462 after making a high of 4501 and the Advance/Decline is at 47/3.
- 10.10
am. Nifty has opened at 4409 and rose to 4491, the Advance/Decline is
very positive at 49/1. The early top gainers are HINDALCO, STER,
HCLTECH, DLF & ICICIBANK, Lone scrip down is SUNPHARMA.
Pre Market Analysis 09.00 am.
- Global cues are nearly positive but with positive bias.
- Crude is at $65.27 per barrel the price is fair enough for OPEC.
- INR vs USD stands at Rs.48.37.
- Nifty
after the rally is in a consolidating phase. Therefore, sideways
movement may be dominant with a slight negative bias. Nifty is expected
to be range bound.
- Expected High/Lows 4538/4406,4360.
- Wait for buying, buy is recommended below or around 4270, and selling or profit booking is recommended above 4570
22/Jul/09
During the Market:
- 03.35 pm. Nifty was unable to recoup and closed at 4398, the top gainers are ONGC, GAIL, DLF, SUZLON & STER, while the top losers are HDFC, HCLTECH, CIPLA, BHEL & CAIRN.
- 01.56 pm. Nifty has made a new low of 4393 and Advance/Decline at 11/39. The but back may start soon.
- 01.07
pm. Nifty has turned negative and has made a low of 4424, the
Advance/Decline has dipped to 17/33. The top gainers now are ONGC, DLF,
SUZLON, STER & JIDALSTEL, while the top losers are HCLTECH, GRASIM,
TCS, SAIL & CAIRN. The patterns are suggestive of recovery before
the end of market.
- 11.45 am. Nifty has marched to touch a high of 4557 and has an Advance/Decline of 44/6. Now its trading at 4540.
- 10.41 am. Nifty opened strong to touch 4500 thereafter it continued its climb after a brief drop of 10 points. Its trading at
4515 after touching a high of 4525. The Advance/Decline is comfortably
placed at 44/6. DLF, RECAPITAL, STER, ONGC & SUZLON are top
gainers, while top losers are CIPLA, BHARTIARTL, MARUTI, ITC &
NTPC.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude oil at $64.81 per barrel.
- INS vs USD at Rs.48.27.
- Nifty may consolidate and then move upward.
- Expected High/Low 4585/4470.
- Book profits as and when they accrue.
21/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4439 a downfall of 33 points. The top gainers were
TATASTEEL, JINDALSTEL, MARUTI, SUNPHARMA & LT, while the top losers
were TCS, SUZLON, GAIL, M&M and TATAPOWER. A decline and
consolidation were expected but Metal's positive participation was
noteworthy.
- 02.48 pm. Nifty again slipping to 4464 and Advance/Decline falling to 16/34.
- 01.57
pm. With lot of choppiness the Nifty is trading at 4478 and
Advance/Decline improving to 22/28. The short covering is very much on
the cards.
- 12.42
pm. Nifty at 4436 with Advance/Decline tumbling to 4/46 its selling
pressure. The gainers at this moment are only JINDALSTEL, WIPRO,
SUNPHARMA & IDEA, while top losers are GAIL, TCS, SUZLON, M&M
and STER. Nifty may rebound back as the short covering takes place.
- 11.29
am. After touching a low of 4456 Nifty is recouping at 4485, with
Advance/Decline at 20/30. The top gainers are JINDALSTEL, RELINFRA,
SAIL, TATASTEEL & NATIONALUM, while the top decliners are GAIL,
TCS, M&M, TATAPOWER & ACC. Nifty has become very choppy.
- 10.07
am. Nifty opened to briefly be in positive 4524 then slumped to 4472.
At present its trading around 4490 with Advance/Decline at 17/33. As
suggested yesterday, after touching 4515 correction will be due, it
seems that a small correction will ensue.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude has risen to $64.14.
- INR vs USD is stabilizing at Rs.48.43.
- Nifty may show initial gain but may close lower near 4485, a consolidation can be seen.
- Expected High/Low 4580/4470,4360.
- Be more concerned about your profit booking than Nifty's movement.
20/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4496 with Advance/Decline at 37/13. The top gainers
for the day were TCS, UNITECH, HCLTECH, WIPRO & CAIRN, while top
losers were ITC, SUZLON, RCOM, BPCL & AMBUJACEM. Nifty made a high
of 4510 and low of 4377.
- 01.50
pm. Nifty at 4477 and Advance/Decline at 36/14. Nifty made a high of
4497 before backtracking a little. The main gainers are TCS, WIPRO,
HCLTECH, INFOSYSTCH & RELIANCE, while main losers are BPCL,
RELINFRA, HDFC, RCOM & ITC.
- 11.43 am. Nifty is moving in a range with Advance/Decline declining to 31/19.
- 10.10
am. Nifty has opened on a positive note and rose to touch a high of
4453 with very promising Advance/Decline at 44/6. The Gainers are TCS,
WIPRO, RELIANCE, HCLTECH & UNITECH, while losers are RELINFRA,
CIPLA, HEROHONDA, ITC & BPCL. Nifty is holding on to its gains.
Pre Market Analysis 09.00 am.
- Global cues are marginally positive.
- Crude oil is comfortable at $63.42 per barrel.
- INR vs USD has been finding support at Rs.48.69
- Nifty has some more upside left and may touch 4515 once again before correcting.
- Expected High/Low 4390,4460/4350,4250.
- Expected that the Nifty may become very choppy and volatile.
- Profits may be booked as a rule if your targets are met irrespective of Nifty's position or trend.
17/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4374. It was resilient, all through the session
there was no backtracking, the market breadth was positive all along.
- 02.50 pm. Nifty after touching a high of 4379 is trading at 4361 with Advance/Decline at 44/6.
- 01.32
pm. Nifty has moved up to touch 4370 and Advance/Decline to 47/3. The
top gainers are M&M, AXISBANK, TATAMOTORS, ICICIBANK &
RELINFRA, while the top losers are only three STER, BPCL &
POWERGRID.
- 12.41
pm. Nifty is moving from strength to strength and have made a high of
4346 with Advance/Decline at 44/6. One should be cautious of profit
booking at the end of session.
- 11.06 am. Nifty has touched 4320 with Advance/Decline at 44/6. The positive break out is evident.
- 10.21
am. Nifty touching 4296 with top gainers being BHARTIARTL, RELINFRA,
M&M, TATAMOTORS & ICICIBANK, while top losers are STER, ONGC,
GAIL, HINDUNILVR & ITC.
- 10.16
am. Nifty opened with strength & resilience and touched a high of
4293 with wide market breadth. The Advance/Decline is at 43/7 which is
very promising.
Pre Market Analysis 09.00 am.
- Global cues are just positive.
- Crude oil at $61.52, getting stable.
- INR vs USD stands at Rs. 48.74.
- Expected that Nifty may move sideways else it may positively breakout.
- Expected High/Low 4260,4360,4410/4120.
- Wait & watch.
16/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4231 nearly flat. The top gainers for the day were
RCOM, NTPC, RELIANCE, TATAMOTORS & HEROHONDA, while the top losers
were STER, LT, RELINFRA, CAIRN & ACC.
- 02.16
pm. Nifty is at 4230 with Advance/Decline at 23/27. The top gainers
being GAIl, RELIANCE, NTPC, TATASTEEL & TATAMOTORS, while the top
losers are STER, RELINFRA, LT, HDFC & IDEA.
- 01.29
pm. Nifty could not hold on its early gains and amidst profit taking
slipped to 4205, a full 100 point fall from the morning highs. After
completing the present downtrend the Nifty may see a pull-back. The
Advance/Decline is at 25/25.
- 10.29
am. Nifty opened with a positive note and immediately touched a high of
4305. The market breadth is also positive with Advance/Decline poised
comfortably at 39/11. The top gainers are UNITECH, RPOWER, SUZLON,
TATASTEEL & RELCAPITAL, while the top losers are STER, AMBUJACEM,
GAIL, BPCL & HINDUNILVR.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude oil is at $61.69 and stabilizing.
- INR vs USD is range bound at Rs.48.72.
- The technical formations suggest of rapid recoup and spurt in Nifty. After correction the recovery s faster.
- Expected High/Low 4320,4480/4205.
- Wait and watch out for en-cashing your profits.
15/Jul/09
During the Market:
- 03.35 pm. Nifty closed at
4233 with a gain of 122 points over previous close. The market breadth
was positive with Advance/Decline at 47/3. The top gainers were RPOWER,
HINDALCO, DLF, IDEA & SIEMENS, while the top losers were
INFOSYSTCH, AMBUJACEM & CIPLA.
- 01.43 pm. Nifty trading at 4178 with Advance/Decline at 46/4. The 2.30 factor may witness profit booking.
- 12.48 pm. Nifty at 4167
after touching a high of 4173. The Advance/Decline is at 43/7 and the
top gainers are IDEA, HEROHONDA, DLF, UNITECH & RPOWER, while top
losers are AMBJUACEM, INFOSYSTCH, HINDUNILVR, ITC & MARUTI.
- 10.28 am. Nifty opened with a gap upward and reached a high of 4155 with Advance/Decline at 38/12. Since opening Nifty is trying to hold its gains and is trading in a positive range of 30 points. Top gainers are IDEA, TATASTEEL, HINDALCO, SUZLON & NATIONALUM, while top losers are INFOSYSTCH, HDFCBANK, GAIL, HINDUNILVR & ITC.
Pre Market Analysis 09.00 am.
- The global cues are marginally positive.
- Crude oil has appreciated to $61.21.
- INR has hardened to Rs.48.84 vs USD.
- Nifty may lack volatility, be range bound with positive bias and may close 30-40 points gains.
- Expected High/Low 4160,4210/4070.
- Dull consolidating moves expected.
14/Jul/09
During the Market:
- 03.35 pm. Nifty recovered to 4111 an outstanding gain of 138 points. The top gainers were SUZLON, DLF, UNITECH, RELCAPITAL & RELINFRA, while there only two losers HDFCBANK & HEROHONDA.
- 03.23 pm. Nifty has smartly reached 4114 with Advance/Decline at 48/2.
- 01.46 pm. Nifty is moving from strength to strength and has not only retained early gains but have built upon it to reach a level of 4098. The Advance/Decline is also very positve at 50/0 that is all the stocks are positive with no black sheep. The top gainers are DLF, RELINFRA, SUZLON, HDFC & RELCAPITAL.
- 12.03
pm. Nifty has touched 4073 and is moving sideways in a tight range.
Nifty is still holding on to its gains and the formations suggest that
Nifty my continue holding on it position but by the end of session
there may be some profit taking.
- 10.28
am. Nifty opened on a positive note and gained to reach 4060 and is
holding on to its early gains. The outlook is very encouraging.
Pre Market Analysis 09.00 am.
- Global cues have turned positive.
- Crude oil has also recovered to $60.04 from $59.96 per barrel.
- INR has weakened to Rs.49.40 vs USD.
- Nifty is in oversold zone some recovery possible.
- Expected High/Low 4060, 4120/3960.
- Expected that Nifty may close near day's high with flattish bias.
- Wait and watch. By recommended below 3990.
13/Jul/09
During the Market:
- 003.35 pm. Nifty closed negative at 3974 with a loss of 28 points.
- 03.12
pm. The Nifty is staging a late recovery at 3973 with a weak
Advance/Decline at 16/34. This may be a brief respite for the ailing
Nifty. The top gainers are HCLTECH, INFOSYSTCH, SUNPHARMA, GRASIM &
GAIL, while top losers are SAIL, SIEMENS, JINDALSTEL, RPOWER &
NATIONALUM.
- 12.34
pm. Nifty has touched a low of 3918 with Advance/Decline at 11/39. Now
it is evident that the sentiment is also turning negative with negative
global cues and the disappointment from the budget. Further, the
national news are not encouraging enough, the company results are also
depressing, making a way clearer for Nifty to touch down 3673.
- 10.42
am. The Advance/Decline is at 8/42 but the formations suggest that now
the Nifty may show some recovery. Intraday players can take the risk.
- 10.28
am. Kowtowing the global cues Nifty dropped on opening to 3940 level
and ever since is trading with all round sell off. The prominent
decliners are NATIONALUM, SUZLON, RELCAPITAL, SIEMENS and UNITECH.
Ganers are not many prominent among them are SUNPHARMA, HCLTECH,
INFOSYSTCH, WIPRO & CIPLA. A pull-back may be witnessed towards the
end of the session.
Pre Market Analysis 09.00 am.
- Global cues are negative.
- Crude oil has dropped to $59.96 per barrel.
- INR vs USD is at Rs 48.69, a nearly constant level for couple of days.
- Sooner or later the weakness of Nifty will compel it to touch 3673 level. From time to time it may show false recovery.
- Expected that today there may be some recovery.
- Expected High/Low 4130,4020/3960.
- No investment activity advised.
10/Jul/09
During the Market:
- 02.05 pm. Nifty has rose to 4123 with Advance/Decline improving to 32/18 promising some hope.
- 01.28
pm. Nifty is still loitering near previous close with no significant
direction. Although Advance/Decline is at 29/21 but not adding to
stregth. The top gainers are HCLTECH, STER, WIPRO, RELCAPITAL &
INFOSYSTCH, while top losers are BPCL, HDFC, M&M, TATAPOWER
&SUNPHARMA.
- 11.39
am. Its seems another dreary and listless day. The Nifty is undecided,
a word of caution is during such times Nifty can suddenly become
reselient and may spurt.
- 11.21
am. Nifty slid to 4069 and Advance/Decline at 23/27. The better sense
should prevail now as under such global recession a better budget could
not be expected.
- 10.20
am. Nifty has opened flat and is trading near the previous close at
4090 with Advance/Decline at 30/20. The bias so far has been positive.
The top gainers now are HCLTECH, WIPRO, UNITECH, INFOSYSTCH & STER,
while the top losers are M&M, RANBAXY, TATAPOWER, BHARTIARTL &
NTPC.
Pre Market Analysis 09.00 am.
- Global cues are mixed and with a positive bias.
- Crude is stabilizing at $60.56 per barrel.
- INR vs USD is at Rs.48.92.
- Nifty may continue with the consolidation for few more days with a positive bias.
- The choppiness may continue but downside is limited now to 4010.
- Expected High/Low 4273/4053.
- Cherry picking recommended. Realty and Power stocks are in good buy zone.
09/Jul/09
During the Market:
- 03.35
pm. Nifty setteled down at 4080 for flat close after daylong
directionless movement. The top gainers for the day are HCLTECH,
JINDALSTEL, SAIL, GAIL & AMBUJACEM, while the top losers are
TATAMOTORS, AXISBANK, ICICIBANK, SIEMENS & LT.
- 02.51
pm. Nifty struggling to hold its gains and remain in positive zone.
Nifty at 4096 with Advance/Decline at 33/17. The top gainers now are
JINDALSTEL, AMBUJACEM, HCLTECH, SAIL & GAIL, while top losers are
TATAMOTORS, AXISBANK, ICICIBANK, INFOSYSTCH & HINDUNILVR.
- 01.01
pm. Complexion of Nifty improving with Advance/Decline at 33/17. It
seems that after a brief fall now the Nifty may climb briskly.
- 12.11
pm. After touching a new low of 4039 Nifty again back at yestrday's
close. Nifty is directionless at present with Advance/Decline at 28/22.
- 10.28
am. Nifty opened subdued to touch 4063 but clambered to 4108,
thereafter it is trading in the positive zone with Advance/Decline at
27/23. The top gainers are GAIl, SAIl, CIPLA, HINDALCO & RELIANCE,
while top losers are UNITECH, ICICIBANK, SUZLON, HCLTECH & GRASIM.
Pre Market Analysis 09.00 am.
- Global cues are negatively inclined.
- Crude Oil is trying to stabilize at $60.75/barrel.
- INR vs USD at Rs.48.92.
- Budget trauma seems far from over. MACD indicates negative cross-over, while WilliamR depicts oversold position. The negativity of Nifty may last now or maximum in a day.
- The chances of recouping and spurting positively are on the cards for the Nifty.
- Expected High/Low 4154,42604320/4066,3970.
- Expected that Nifty may consolidate and close positive.
- Buy at dips.
08/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4078 amidst lot of choppiness and negativity. The
Advance/Decline stood at 9/41. The top gainers being BPCL, ACC,
AMBUJACEM, MARUTI & HEROHOND, while top losers were UNITECH,
SUZLON, TATASTEEL, DLF & HCLTECH.
- 12.46 pm. All the sectors are under selling pressure except Oil and Pharmaceutical.
- 12.28
pm. Nifty has found some support at 4070 and is moving sideways in a
range of 4100-4070. The Advance/Decline at 8/42 with the top gainers
being BPCL, AMBUJACEM, ACC, TATAMOTORS & GRASIM, while the top
losers are UNITECH, SUZLON, TATASTEEL, RELINFRA & DLF.
- 10.37
am. Nifty opened with weakness and has reached a low at 4070. The
Advance/Decline is at 3/47, indicating a very weak sentiment with more
downside. BPCL, CIPLA and RANBAXY are the Advancing stocks, where as
the top Declining stocks are SUZLON, DLF, UNITECH, STER &
ICICIBANK.
Pre Market Analysis 09.00 am.
- Global cues are negative.
- Crude down to $62.20/barrel.
- INR vs USD at Rs.48.52.
- Indian markets may revive back slowly and over reaction to budget may be smoothed with saner thinking.
- Nifty in oversold region may show some cautious but positive recovery.
- Expected High/Low 4290,4260/4150,4110.
- Wait
and watch. If Nifty goes below 4110, then suspend all your activities
and wait for Nifty to go below 3700 for cherry picking, as the next
support level is around 3680.
07/Jul/09
During the Market:
- 03.35 pm. Nifty closed near the day's high at
4207, the top gainers being ITC, ACC, AMBUJACEM, HEROHONDA &
M&M, while top losers were PNB, RANBAXY, ONGC, SAIl & RELIANCE.
- 02.30 pm.
Nifty is moving in a range of 4170-4210. Nifty at 4210 with
Advance/Decline at 25/23 and 2 unchanged. It may make a new peak at
around 3.00 pm.
- 01.24
pm. Nifty at 4183 and Advance/Decline at 23/25 and 2 unchanged. The
Advances are helped by ITC, HEROHONDA, M&M, MARUTI &
BHARTIARTL, whereas, the Declines are effeted by SAIL, PNB, SIEMENS,
SUZLON & RCOM. The Nifty is getting support at 4180.
- 11.42
am. Advance/Decline has fallen to 21/29 and pulling Nifty to 4176,
still Nifty is in the positive territory is the consolation.
- 10.53
am. Nifty has opened on a very positive note and touched a high of 4231
with an Advance/Decline of 31/19. However, briefly it went down to
touch 4155 but regained back smartly. The top gainers are ITC, MARUTI,
M&M, HINDUNILVR & GAIL, while the top losers are STER, ONGC,
RCOM, RELIANCE & TATASTEEL.
Pre Market Analysis 09.00 am.
- Global cues are mixed, with no clear direction.
- Crude at $64.10 is expected to stabilize.
- INR vs USD at Rs.48.22.
- Budget
failed to enthuse the market. After crashing back to 4165 yesterday,
today the better sense may prevail. The markets have over reacted
yesterday.
- Nifty is expected to consolidate with flattish bias and low voaltility.
- Expected High/Low 4260/4110.
- Buy at dips below 4160.
06/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4165 with Advance/Decline at 3/47. The top gainers
were RANBAXY, ITC & HINDUNILVR, while top losers were RELINFRA,
RELCAPITAL, ICICIBANK, UNITECH and AXISBANK. There were over
expectations from budget and when they were mismatched there was an all
round selling.
- 12.43
pm. Nifty has slipped to 4195 and Advance/Decline to 1/49. Market is
reacting to aims of decreasing fiscal deficits, which means various
stimulus packages provided to strengthen the economy may be reduced.
- 11.45
am. Nifty has declined to 4386 with Advance/Decline taking a beating at
13/37. Steel and Cement leading the decline on excise being restored in
the budget.
- 11.20
am. The top gainers are DLF, UNITECH, SAIL, RELINFRA & POWERGRID
while the top losers are ONGC, ACC, MARUTI, GRASIM & IDEA.
- 10.40
am. Nifty opened positive and at present is trading around 4444 with
Advance/Decline at 34/16. The Nifty may remain subdued till the
presentation of Budget.
Pre Market Analysis 09.00 am.
- Global cues are mixed.
- Crude oil has slipped further to $64.82.
- National cues indicate lot of volatility in consequence to Budget presentation today.
- The expectation level is very high for Realty, Infrastructure, Power, Agricultural Products & Fertilizer sectors.
- The impact of the Budget presentation can be felt throughout the session, but overall a positive impact is expected.
- Expected High/Low 4690/4210.
- Book profits if personal objectives are met and buy back if it slips back to cost price.
- Fresh buying may be postponed for a day or two.
03/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4425 with a gain of 77 points. The top gainers
being HDFC, CIPLA, TATASTEEL, RANBAXY & PNB, while the top losers
were CAIRN, HINDALCO, HEROHONDA, STER & NATIONALUM.
- 02.53 pm. Nifty has advance with resilience to 4425 and Advance/Decline moving up to 44/6.
- 02.17
pm. Nifty touched 4391 and Advance/Decline improved to 33/17. The top
gainers are HDFC, RANBAXY, CIPLA, M&M and TATASTEEL, while top
losers are CAIRN, HEROHONDA, HINDALCO, DLF & INFOSYSTCH.
- 02.01
pm. Nifty is floating up and down the previous close with
Advance/Decline at 26/24. It may close flat or at best with 30-50
points gain near 4390.
- 12.29 pm. Nifty at 4370 after touching 4375, and Advance/Decline at 32/18.
- 11.06
am. Nifty has recovered above previous close touching 4361 with
Advance/Decline at 30/20. Its supported by RANBAXY, TATAPOWER, SUZLON,
HDFC & NTPC, while being pulled down by INFOSYSTCH, CAIRN,
AMBUJACEM, ONGC & UNITECH. Nifty is advancing slowly and steadily.
- 10.14
am. Nifty has recovered to 4329 with Advance/Decline at 18/32. Its
moving sideways just under the previous close. Its expected that
volatility may be subdued. The top preformers are RANBAXY, SUNPHARMA,
HDFC, BPCL & BHARTIARTL, while top under-performers are CAIRN,
INFOSYSTCH, ONGC, ICICIBANK & IDEA. The consolidation will be slow
and tiring.
- 09.57
am. On opening Nifty plunged to 4298 level and from there it has
started the recovery. Its a good, now the Nifty has higher chances of
ending the session with gains. Advance/Decline is at 12/38.
Pre Market Analysis 09.00 am.
- World markets are negative.
- Crude oil has declined to $ 66.46 per barrel.
- INR is unchanged vs USD at Rs.48.09.
- Nifty may continue with the consolidation and flattish bias amidst controlled volatility.
- Expected High/Low 4392/4267.
- Wait and watch.
02/Jul/09
During the Market:
- 03.35
pm. Nifty closed at 4348 almost flat, gaining 7 points over previous
close. The top gainers were GAIL, ONGC, TATASTEEL, GRASIM & SAIL,
while the top losers of the day are BHEL, BHARTIARTL, PNB, SUZLON &
RELIANCE.
- 01.18 pm. Nifty has made a low of 4291 and Advance/Decline has touched 14/36. Nifty may find a support here and make a recovery.
- 12.48 pm. Nifty has slipped to 4306 and Advance/Decline at 15/35. The bout of profit booking is taking place.
- 11.27
am. Nifty trading at 4356 with Advance/Decline at 23/27. The top
gainers are ONGC, GAIL, STER, SUNPHARMA & JINDALSTEL, while top
losers are TCS, ABB, MARUTI, RCOM & TATAMOTORS.
- 10.05 am. Nifty opened at 4373 and touched 4383. Now it is trading below previous close at 4332 with Advance/Decline 21/29.
Pre Market Analysis 09.00 am.
- Global cues are positive.
- Crude is at $69.38.
- The increase in Diesel and Petrol price will impact inflation adversely.
- INR vs USD stands at Rs.48.09.
- Expected High/Low 4390,4426/4280,4220.
- Volatility and choppiness may continue but with the flat bias of Nifty.
- Wait and watch.
01/Jul/09
During the Market:
- 03.35pm. Nifty closed at 4340 amidst daylong callisthenics.
- 02.48
pm. The volatility is very high, the Nifty has made a high of 4362 and
a low of 4249. The Nifty at 4331 with Advance/Decline at 37/13, the top
gainers are BPCL, AXISBANK, DLF, RELCAPITAL & M&M, while the
top losers are HINDALCO, CIPLA, POWERGRID, NATIONALUM & ONGC.
- 02.03 pm. Nifty at 4323 with Advance/Decline at 39/11. The session is very choppy with selective buying taking place.
- 12.48
pm. Nifty has recovered to 4338 after making a low of 4249. The
Advance/Decline has come up to 45/5, the top gainers are AXISBANK, DLF,
SIEMENS, BPCL & HCLTECH, while major losers are HINDALCO, CIPLA,
POWERGRID, NATIONALUM & ONGC.
- 11.37
am. Nifty at 4260, after making a high of 4338 the tables turned and
Advance/Decline has touched 15/35 amidst increasing selling pressure.
The Nifty has broken yesterday's low and has turned very weak. It may
present a good buy opportunity near 4220 levels or lower.
- 10.12
am. Nifty is making positive moves led by TATAMOTORS, STER, TATACOMM,
SUZLON & HINDUNILVR, while top losers are HINDALCO, ACC, ICICIBANK,
RANBAXY & TCS.
- 10.06 am. Nifty opened flat and rose to 4320, thereafter its trading just near previous close. The Advance/Decline is at 35/15.
Pre Market Analysis 09.00 am.
- Global cues are negative.
- Crude is making effort to stabilize around $70 plus/barrel.
- INR stands at Rs.47.87 vs USD.
- Nifty is staging weakness to transfer stocks from weak hands to strong hands.
- This is the better opportunity to enter or increase participation.
- Expected flattish trend with negative bias till budget i.e. 6th., July'09.
- Expected High/Low 4390,4426/4220,4190.
- Buy and accumulate at dips.
