Friday, September 14, 2007

 

Markets follows Wall street!

Indian stock markets opened in green following the global markets.It was another gap up opening in a series of gaps ups and gap Downs .Heavy buying was seen across the sectors led by power, realty, capital goods and banking.Meanwhile in the US markets, Blue chips led a broad advance Thursday, as investors eyed upbeat news on GM, McDonald's and Countrywide Financial - and continued to bet that the Federal Reserve will cut interest rates next week.The jump in stock prices came in the face of a new record close for oil prices, which were down modestly most of the day before getting an upside push late in the session to close at $80.09 per barrel.The Asian markets are trading smartly in the green as well.
F&O cues:
Futures Open Interest up by Rs 1,622 crore
Options Open Interest up by Rs 840 crore
Nifty Sep Futures add 2.6 lakh shares in Open Interest
Nifty Oct Futures add 4.7 lakh shares in Open Interest
Nifty Sep Futures discount at 1.6 points
Nifty Open Interest Put-Call ratio unchanged at 1.53
Nifty Puts add 7.9 lakh shares in Open Interest
Nifty Calls add 5.2 lakh shares in Open Interest

Technically, the support for the Sensex is at 15675 and the resistance to the up move at 15869 where as the support for the Nifty is at 4501 and resistance to the up move at 4580.
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.

Thursday, September 13, 2007

 

Free Intra Day tips for 13th Sep!

Free Intra Day tip for 13th Sep for the last one hour:
Markets below 4500 will turn weak.
Short sell Nifty futures 4535-4540.Stop Loss 4547. Target1 4525.Target2 4501.
Buy RelCapital Futures 1392-1395.Stop Loss 1385. Target1 1401.Target2 1415.
Exit Intra day if targets achieved or stop losses hit.
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 Sluggish yet in Green !

The Indian bourses are trading in green though the rally is not convincing for one to go long.Broader markets have outperformed the benchmark indices.Earlier in the US markets , stocks slipped Wednesday, after a volatile session in which investors mulled record oil prices and a falling U.S. dollar ahead of next week's Federal Reserve policy meeting.The weakness in the housing market could push the economy to near-recession levels over the next year, before growth gets back on track in 2009, according to a quarterly forecast released Wednesday by the University of California at Los Angeles.Asian markets are as usual a mixed bag.
F&O cues:
Futures Open Interest up by Rs 584 crore
Options Open Interest up by Rs 482 crore
Nifty Futures Open Interest,Put Call Ratio unchanged
Nifty Futures discount at 11 points, PCR at 1.53
Stock Futures add 3.8 cr shares in Open Interest
Nifty Puts add 2 lakh shares in Open Interest
Nifty Calls add 1.9 lakh shares in Open Interest

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.

Wednesday, September 12, 2007

 

Markets Steady !

As expected , the markets opened in green following strong global cues but still left a lot to be desired.Markets are steady as of now but strength is yet to be seen.Fresh longs or shorts are not advised at all costs till picture becomes clear.Earlier in the US markets,the stock market had a good day on Tuesday with the major indices scoring sizable gains in a low volume rally that saw 1.3 billion shares change hands at the NYSE. The low volume reflected a sense of reserve ahead of next week's FOMC meeting, but nonetheless, profits are just as green on a low volume day as they are on a high volume day. They were all the more pleasing today, too, considering it was the sixth anniversary of the 9/11 attacks.Asian Markets are also trading in the green.
F&O cues:
Futures Open Interest up by Rs 539 crore
Options Open Interest up by Rs 835 crore
Stock Futures add 1.6 crore shares in Open Interest
Nifty Futures Open Interest unchanged
Nifty Futures discount almost unchanged at 12-points
Nifty Open Interest Put-Call ratio at 1.53 Vs 1.58
Nifty Puts add 4.7 lakh shares in Open Interest
Nifty Calls add 8 lakh shares in Open Interest

Low Volumes are a big worry in The US as well as Indian Stock Markets.
Mantra for the Day : Sit back and Relax.Patience is a virtue.Bigger and Better times will come.
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.

Tuesday, September 11, 2007

 

Markets Rangebound !

Indian Stock markets are range bound after opening in the green with impressive market breadth.Its going to be volatile till the Fed's meet on 18th Sep.Earlier in the US, the major gauges ended little changed Monday, masking a volatile session in which investors weighed worries about the economy with the wish to scoop up stocks battered during the previous session's big sell-off.The weak jobs report raised bets that the Federal Reserve will need to cut a key short-term interest rate when it holds its policy meeting next week. Also, over the weekend, Fed president Charles Plosser said that although the weak August jobs report was not encouraging, it was not reason alone to cut interest rates.So its any body's guess.
The Asian markets are trading in a mixed zone with more green than red.
F&O cues:
Nifty Futures discount at 8 points Vs 31 points
Nifty Futures add 12.6 lakh shares in Open Interest
Stock Futures add 3.5 crore shares in Open Interest
Futures Open Interest up by Rs 2,322 crore

Options Open Interest up by Rs 792 crore
Nifty Open Int Put-Call ratio at 1.58 Vs 1.56
Nifty Puts add 9.5 lakh shares in Open Interest
Nifty Calls add 3.6 lakh shares in Open Interest

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.

Monday, September 10, 2007

 

Laxman Rekha Not Broken !

Nifty futures touched a high of 4498 after our call to short sell them.Update at 2:27 pm.
Stop Loss of 4501 still stands. Don't put your stop loss till 3.10 pm. If Nifty Futures are above 4501 at 3.10 pm, Exit your positions.
We still reiterate "Exit Intra day if stop Loss Triggered or target achieved at all counts."
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.

 

Free Intra Day tips !

Free Intra Day tip for 10th Sep at 1:40 pm :

Short sell Nifty futures 4477-4482.Stop Loss 4501. Target1 4445.Target2 4420.

Exit Intra day if stop Loss Triggered or target achieved at all counts.
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.

 

Volatile week Ahead !

As expected , the Indian Markets opened deep in red but recovered quite a bit in the first couple of minutes of trade.Asian indices are also in deep red but have recovered from their day low's. Meanwhile the reason for this turmoil , the US markets have still six and a half trading sessions until the Federal Reserve says for certain whether it's lowering interest rates.Investors have been hoping for weeks for a rate cut from the Federal Reserve, which meets Sept. 18. But now, after last week's disagreeable jobs report, Wall Street is more nervous than ever over the possibility that even the expected quarter-point rate cut next week may not be enough to save the economy from slipping into recession and stocks from sliding into negative territory for the year.
Technically, the support for the Sensex is at 15275 and the resistance to the up move at 15700 where as the support for the Nifty is at 4440 and resistance to the up move at 4560.
F&O cues:
Futures Open Interest down by Rs 346 crore
Options Open Interest up by Rs 1,219 crore
Nifty Futures shed 4 lakh shares in Open Interest
Nifty Futures discount at 31.55 points vs 17 points
Nifty Open Interest Put-Call ratio flat at 1.56
Nifty Puts adds 12.80 lakh shares in Open Interest
Nifty Calls adds 9.21 lakh shares in Open Interest

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.

Sunday, September 9, 2007

 

Stocks pulverised in US!

Stocks slumped Friday after a surprise drop in August payrolls raised worries that the problems in the housing and financial markets are spreading to the rest of the economy.The stock market gapped aggressively lower off the open following the much weaker than expected Non-Farm payroll data.Whether Ben Bernanke and the other bankers will cut the fed funds rate at the next meeting - and by how much - has been in debate over the last few weeks as investors mulled the credit crisis versus signs of a still-strong economy.
Till than, wait for a gap down opening in the Indian Stock markets too.

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