Buy Nf around 5245 sl 5230 T1-5275 T2-5290
Sell Nf around 5280-85 sl 5306 T1-5260 T2-5240
Be cautious for 2 levels 5240 & 5292
If Nf trade above sucesfully 5292 exit all shorts
If Nf trade below 5240 exit all longs.
Short term stock recomendations:
Buy rcom @185 T-200 (by prabhanshu)
Buy orchid chemical@185 T-192,197,205 Sl-181
Buy Dlf @373 T-385,390 sl-370
Buy punjlloyd @210 T-240,260 sl-203 9hold for 20 days)
Buy andhra bank @110 T-114,117 sl-104
Buy suzlon @91 T-98,103 sl-86
hi musti
ReplyDeletecome on bring along few friends with you to discuss markets .
any way how is the baby doing now
Thx tvis my baby is now at home & ok.
ReplyDeleteTry from ur side to bring some friends here.
what a wonderful calls.pls. keep it up.
ReplyDeleteGood call masti...keep this forever...
ReplyDeletebest wishes....
Dear musti,
ReplyDeleteYour speculation seems me more near to reality so please continue posting the same along with spot nifty range for option trades(intraday).Also please post the guidance to start trading in nifty futures and options for beginners.
Best of regards
sanjiv
WEEKLY REPORT (11.01.2010 - 15.01.2010)
ReplyDeleteThe benchmark indices closed the first week of 2010 on a positive note. Sensex
gained 0.43% at 17,540.29 and Nifty was up 0.84% at 5,244.75, led by
buying in realty, metal and oil & gas stocks.
The BSE Realty Index was up 5.8%, Metal Index was up 4% and Oil and
Gas Index was up 2.2% while BSE IT Index fell 4.5%. The average turnover
stood at Rs 75,479.052 crore this week.
On Friday, the key benchmark indices in India edged lower extending losses
for the second straight day, defying gains in global stocks and US index
futures ahead of the release of the US non-farm payrolls data for December
2009 later in the global day.
IT pivotals extended recent losses on concerns arising from the rupee's recent
strength against the dollar. Metal and banking stocks also fell. But, realty
stocks rose.
The BSE 30-share Sensex fell 75.43 points or 0.43% at 17,540.29. The
Sensex fell 106.76 points at the day's low of 17,508.96 in late trade. It gained
42.40 points at the day's high of 17,658.12 in early trade. The S&P
CNX Nifty fell 18.35 points or 0.35% at 5244.75.
From, 4 January 2010, trading is starting at 9:00 IST and ending at 15:30
IST compared to the earlier timing of 9:55 IST to 15:30 IST, as the stock
exchanges have decided to extend trading hours by 55 minutes. The market
was closed on Friday, 1 January 2010, for the New Year holiday.
Nifty Spot Weekly Range : 5180 to 5380
UPTREND:
Immediate Resistance for Nifty lies at 5280, if breakout 5300 then we expect to 5350 and 5380. Then 5420 will remain as a Medium-term Resistance for Nifty.
DOWNTREND:
On the contrary, Market has Support at 5230 and break down could take it to 5095 and 5000 levels. Then 4980 is the good support for the Nifty.
EMERGING MARKET BUZZ
Emerging market has been a favorite investment haven for foreign funds. India and China has emerged as a hot spot for FII and hedge fund activity. China has a pegged exchange rate which means that both the appreciation and depreciation of Chine Yuan is under the control of the Government. While in India the situation is much different as the exchange rate is largely market determined. FII inflows happening in last few years indicate that the volatility in local currency is set to
increase further. Recent FII inflow which has touched an all time high in 2009 indicates that the foreign funds are largely bullish on the Indian markets and have started picking stocks for investments of a longer time horizon. Net figures turning
positive for the first time since recession proves that the fund flow is set to increase in 2010 and 2011. This means that the local currency will be seeing huge buying momentum and is set for further appreciation.
EFFECT OF US DOLLAR CARRY TRADE
It will be interesting to see what measures Government will be adopting to cope with this unprecedented volatility. Government will be comfortable with an Indian currency settling around the 39-42 levels and in the present situation Government
will be welcoming more inflows coming into the economy. Another factor to watch out for will be the US fed’s action and its lending rate changes. Currently the fed rates are at 0.25% and these low interest rates have helped in more money flow happening from US based funds to other emerging markets. It is expected that the Fed will be going for a 25-50 basis point hike in their lending rates by July 2010 so as to control their domestic inflation rate. But historically it has been witnessed that such a hike do not have a long term effect on the fund flows as diversification has emerged as a priority for Global investors. A strong domestic consumption demand in the emerging markets economy will continue to attract more fund inflows into these regions. All these factors points towards a positive outlook for the Indian markets and the local currency.
"WISH YOU ALL HAVE A GOOD AND PROFITABLE TRADE"
hi guys, i just chanced to visit this blog instead of one more blog called nifty-trade.blogspot.com as while typing the URL, i had by mistake dropped one letter 's'.
ReplyDeletei request you all guys to visit that blog called nifty-trade.blogspot.com, and see how correctly his write up of December 2008 has proved correct in last one year. unfortunately that blog fellow has discoutinued writing on that blog. can i expect this blog too come up to that level of acuracy? let me visit this blog for next few days.