Archive May, 2010
Thursday, May 20, 2010
Pre Market Analysis 08.30 am.
- Global
cues
are negative.
- Crude Oil has improved to $ 70.94 per barrel.
- USD vs INR has become further weak at Rs.46.345 a relief for Exporters.
- Nifty in oversold zone may move sideways or consolidate. The next support level is at 5850.
- Expected High/Low 4950/4850
Wednesday, May 19, 2010
Pre Market Analysis 08.30 am.
- Global cues
are having negative bias.
- Crude Oil has dropped drastically to $ 68.31 per barrel.
- USD vs INR has become further weak at Rs.45.86 a relief for Exporters.
- Nifty may be volatile and choppy but may have a positive bias with higher closing. There are no negative clues nationally.
- Expected High/Low 5095,5110/5050,5010.
- Buy at lows less than 5050.
Tuesday, May 18, 2010
Pre Market Analysis 08.30 am.- Global cues
are mixed.
- Crude Oil has dropped to $ 70.65 per barrel.
- USD vs INR has become further weak at Rs.45.66 much to the relief for IT sector and Exporters.
- Nifty may become resilient and choppy. It is expected to gain handsomely.
- Expected High/Low 5150,5195,5210/5060.
- If Nifty declines its a definite buy.
Monday, May 17, 2010
Pre Market Analysis 08.30 am.- Global cues
are negative.
- Crude Oil has marginally dropped to $ 72.05 per barrel.
- USD vs INR has become weak at Rs.45.225
- Nifty may open lower and remain weak.
- Expected High/Low 5095,5140/5050,5010,4980.
- Accumulate below 4990.
Friday, May 14, 2010
Pre Market Analysis 08.30 am.- Global cues
are mixed.
- Crude Oil has slumped to $ 75.52 per barrel.
- USD vs INR has become weak at Rs.44.85
Thursday, May 14, 2010
Pre Market Analysis 08.30 am.- Global cues
are mixed.
- Crude Oil has marginally dropped to $ 74.04 per barrel.
- USD vs INR has improved to Rs.45.07
- Nifty may move positively and may close 5230+
- Expected High/Low 5195,5230,5260/5160,5130
- Book part profit above 5230, otherwise wait.
Wednesday, May 12, 2010
Pre Market Analysis 08.30 am.- Global cues are mixed.
- Crude Oil has dropped to $ 75.93 per barrel.
- USD vs INR has improved to Rs.44.87
- Nifty may open slightly lower but will close around 5195-5205.
- Expected High/Low 5150,5195,5205/5120,5090
- Buy at lows
and sell near close, but if Nifty opens higher than yesterday's close,
which is very unlikely, wait and watch.
Tuesday, May 11, 2010
Pre Market Analysis 08.30 am.- Global cues are strongly positive.
- Crude Oil has jumped to $ 77.07 per barrel.
- USD vs INR has become weak at Rs.44.87
- Nifty may follow global trend and may rally.
- Expected High/Low 5170,5250,5350/5190,5160
- Buy at lows and book part profit above 5350.
Monday, May 10, 2010
Pre Market Analysis 08.30 am.- Global cues are mixed with positive bias.
- Crude Oil has slumped to $ 75.11 per barrel.
- USD vs INR is stable at Rs.45.075
- Some
more downside may be seen before a relief rally.
- Expected High/Low 5040,5090 / 4940
- Accumulate/buy around 4940 but definitely no selling.
We are extremely sorry for not being able to update till now as server was down.
Wednesday, May 05, 2010
During the Market:
Tuesday, May 04, 2010
Pre Market Analysis 08.30 am.- Global cues are mixed with positive bias.
- Crude Oil is at $ 85.98 per barrel.
- USD vs INR is stable at Rs.44.485
- Nifty
reaching the oversold position, may touch lower before rebounding.
Choppiness & volatility may be marked.
- Expected High/Low 5270,5295,5310 / 5200,5190,5160
- Accumulate/buy below 5190.
Monday, May 03, 2010
Pre Market Analysis 08.30 am.
- Global cues are negative.
- Crude Oil has improved to $ 86.22 per barrel.
- USD vs INR is stable at Rs.44.485
- No clear direction for Nifty, it may be volatile and may close with a marginal gain to be above 5300.
- Expected High/Low 5330/5240
- Wait and watch.
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.
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.
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.
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.
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.
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.
