Friday, June 15, 2007

 

Markets on an edge !

Indian markets are getting edgy.Its turnaround time.
Those who kept our call on Reliance will reap rich dividends.No tips for today as the markets are directionless. Too volatile for Intra Day tips.Will be back on Monday morning with new updates.

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Thursday, June 14, 2007

 

Us markets still strong !

Stocks are successfully building on yesterday's surprisingly strong reflex rally; but market gains midday remain modest at best as split industry leadership dictates the day's proceedings.
Per usual, equities are taking their cue from trading in the Treasury market. Fortunately for stock market bulls, however, solid leadership in several influential sectors is helping to offset an uptick in yields and subsequent weakness in the rate-sensitive and most heavily-weighted sector of them all -- Financials.

Nasdaq 2601 (+18)
Dow Jones 13562 ( + 80)

Core PPI rose for first time in 3 months, lifting y/y rate to 1.6%; data provide no evidence of building price pressures (more influential CPI out tomorrow) so keep your fingers crossed.

Will be back in the morning.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.



 

Intra Day Targets achieved yet again !

All the targets have been met besides Bombay Dyeing.
Even for that , Stop loss not triggered and one could have got out at par.
It was a fruitful trading session. Clients still holding Reliance Capital futures
can see a jump tomorrow.

Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

 

Fresh Position advice in JET and Reliance capital !

Markets seem strong atleast for today.Resistance at 14118.

Bonus free tips :

Buy Jet Futures 763-765 . Stop Loss 758 . Target 780.

Buy Reliance Capital futures 990-993. Stop Loss 983. Target 1012.

For aggressive traders , Reliance capital can be held for tomorrow also.

Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

 

Markets to open with a gap!

The US markets ended with a lot of green. Nse and Bse will open with a gap of at least 40 and 100 points respectively.The markets will sustain at a certain level after 10.30 am and we will see a fresh build up after 2.30 pm.
Intra Day free Tips.
Bombay Dyeing 545-548. Stop Loss 540. Target 560.
Buy Sesa Goa 1725-1730. Stop Loss 1710. Target 1745.
Buy Nifty futures at 4125-4130 . Stop loss 4120. Target 4155.

Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

Wednesday, June 13, 2007

 

US Markets on a a high !

Stocks rallied on Wednesday, more than erasing Tuesday's broad-based pullback, as a market increasingly vulnerable to rising bond yields finally got some interest rate reprieve.
After tumbling more than 1.0% Tuesday and being down 2.3% on average less than two weeks into June, it was reasonable to see the major indices stage some sort of a rebound Wednesday. Surprising, though, was a government report that provided investors with a much-needed best case scenario of economic expansion without rising inflation pressures.

 

Nifty target achieved !

Markets are getting edgy once again. Nifty broke the 4118 support today.
Target achieved of 4090 . We will be back with the US markets update in the evening and also with free trading tips for tomorrow in the morning.

Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

 

Intra day targets achieved !

All the targets have been met besides Nifty futures . Still time to go.
Cover your positions. Stop Loss of nifty revised to 4125.

Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

 

Markets Rangebound !

Markets are volatile. Globals cues are mixed.
Intra Day Free Tips.

Buy Bombay Dyeing 535-538. Stop Loss 530. Target 550
Short sell Navbharat Ventures 159-160. Stop Loss 163. Target 155.
Short sell Nifty futures at 4130-4135 . Stop loss 4150. Target 4090.

Adhere to strict stop Losses in order to safeguard your interests.
For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

Tuesday, June 12, 2007

 

US Markets slip!

Stocks continue to pare their losses midday but selling efforts remain broad based as another jump in interest rates diminishes the desire to own equities.
Even though the latest uptick in bond yields isn't likely to alter economic expectations, the fear is that a continued rise in rates will make bonds a more attractive alternative to stocks and slow down M&A activity. The yield on the 10-year note was as high as 5.22% after China's inflation rising faster than forecast exacerbated fears of global tightening. Further unwinding of mortgage hedging and concerns that upcoming economic data may warrant last week's sell-off in
Treasuries are also contributing to the rise in yields.

Nasdaq down 13.82
Dow Jones down 60.95
S&P down 7.19

Not ominous signs for the Asian markets especially after the triple sell rating by Morgan Stanley.

 

Markets going in for a spin!

So the bears are getting back. Watch out! From a technical perspective , If the Nifty were to fall below 4118, it might even test 4050 in the near future.when we say fall , we mean closing below 4118. Strength would only resurface if the Nifty were to decisively cross 4210 – 4220 resistance zone. The discount is narrowing , the short covering is happening and not the broad based selling. Caution for day traders .Much will depend upon the US markets. CAC and FTSE are trading in the negative.The support for the Sensex is at 13985-13853 and the resistance to the up move at 14370-14430.

We will be back in the evening to update you about the US markets.

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Edgy markets !

Markets are getting edgy and are showing signs of fatigue. From today we will give 3 free intraday tips for the benefit of new visitors on site and to show the profits one can generate.
Tips for today.
Short sell Hindalco 158-160. Stop Loss 161. Target 155
Short sell Navbharat Ventures 159-161. Stop Loss 163. Target 156.
Buy Nifty futures at 4095-4110 . Stop loss 4070. Target 4145.

Adhere to strict stop Losses in order to safeguard your interests.

For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.

Monday, June 11, 2007

 

Correction or Consolidation !

After four consecutive sessions of broad-based selling, stocks bounced back in impressive fashion Friday as investors rallied around the resurgence of several catalysts that have contributed to this year's rally or to be more precise, towards strong global markets.
The markets will probably will see today's US markets before shaping up further.
Wait for clearer signals.For stock specific buy and sell , subscribe to out free newsletter
or join our paid service.

 

Global cues bearish!

Another jump in interest rates making equities less attractive; China's inflation rising faster than forecast exacerbating fears of global tightening .

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