Welcome to the Stock World !

So we ended in the green for the weekend.The Nifty discount didn't pose a very healthy picture.
The DOW and NASDAQ tumbled for the third time in the recent past.Monday morning blues will haunt the investors once again.We were indeed right that there is still some pain left in the markets.We will come up with a detailed analysis of the markets for the benefit of all our members ( free as well as paid). Our viewpoint is somewhat different from the rest of the experts so keep a watch.

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.

The Indian markets are following the global markets and are on the up move. There is still downside possible as the markets are yet to settle.

HOT TIP :
Buy Aurobindo Pharma futures 627-630. Stop Loss 616. Target1 645. Target2 664.
We recommend a medium term hold.

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.

Yesterday was one volatile day all across the globe. We opened in the negative zone red and drifted deep into the red. The Asian indices were being sold off as if there is no tomorrow.The US markets were like a Yo-Yo all day.Our perception is that we are still sitting in a negative zone even though the DOW was 150 points up last night and there is no change in sentiment.We feel there is further downside left.

As far as Indian markets are concerned , now is the real time to make money. One should be savvy enough to exploit the opportunities that arise after such falls.The FII's net selling in Nifty futures doesn't give a heartening picture.Trade with caution and strict stop losses.

The market is expected to trade flat in the first hour. Nifty may get its support 4305 whereas any short covering rally will see a resistance at 4410 levels.

We will be back by mid trading session for free intra day tips and more market insight.
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.

As we said yesterday , day before yesterday's positives in the global markets were largely due to oversold conditions.The further fall in the US markets supported by the Asian peers has given impetus to our claim.Now the Big Question , where do we head now ? See , its a liquidity driven market and supplies are abundant in India but what we fear is the sell off in US is not a one off thing. Its a start of a much bigger thing. We are not a secular economy so we are bound to be hit by the negative sentiments in other markets.

MANTRA FOR THE DAY !
Sit , wait and watch. Trade with strict stop losses and short sell at sudden rises.

The market is expected to open with a gap down. Nifty may get its support 4392 and 4360 whereas any short covering rally will see a resistance at 4525 levels.

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.

The markets are extremely volatile today as expected. The Credit policy is on expected lines even though the CRR hike has shown its impact. We feel the market will slide down further if the global cues don't turn positive. Last night positives can not be taken as a turning point because it was a reaction to oversold markets.

Short sell Nifty 4460-4465. Stop Loss 4485. Target1 4410. Target2 4387.

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.

So the Global cues are bearish.Actually the US markets stumbled quite spectacularly.The DOW, NASDAQ and S&P falling anywhere between 5-6 % in two days is bound to cause jitters.

MANTRA FOR THE DAY !

BUY ONLY ON DIPS THAT ARE SHARP AND SWIFT.
Don't Trade for the first 15 minutes.

F&O Cues:
Futures Open Interest up by Rs 841 crore
Options Open Interest up by Rs 2,812 crore
Nifty Futures add 45 lakh shares in total Open Interest
Nifty Futures at 43-point discount
Nifty Open Interest Put-Call ratio falls down to 1.42 from 1.52

The Numbers are not too optimistic but with FII's selling nearly 5000 Cr of nifty futures on Friday may actually turn in the market's favour if the global cues turn positive.Else mayhem is on the offering.Stick to basics and fundamentals.

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.