Saturday, October 6, 2007

 

UPDATE OF US MARKETS !

Well it was another great week for the markets although the bulls missed another attempt at 18,000 in a volatile session.On a weekly basis, the Sensex gained 2.5% while the Nifty was up 3%.Inflation came in higher at 3.42% for the week-ended September 22 as against 3.23%.
Earlier in the US Markets, Stocks surged on Friday following a better than expected employment report. The S&P finished at a new all-time closing high while the NASDAQ finished at its highest level since February, 2001. The Dow also flirted with its all time high but finished 30 points adrift .
Now the BIG QuEsTiON ! INDIAN MARKETS ---WHAT NOW ?You must be all surprised with the way we have written QuEsTiON ! Its because the answer is not at all straightforward.
Look forward to our newsletter tomorrow and we will try to make the markets look a little simpler.
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Friday, October 5, 2007

 

Markets Flat till noon !

The Indian Stock Markets are trading rangebound around noon.Some amount of Profit booking is taking place in select sectors.Mid Cap and Small cap stocks are facing real selling pressure.There was initial momentum in early trades but that slowly lost its fizz.Also the UPA and Left meeting on Nuclear Deal is creating extra pressure on the Markets.Stay away till our next call.It won't be a choppy trade but definitely a directional market today.
F&O cues:
Stock Futures add 6 cr shares in Open Interest
Futures Open Interest up by Rs 2,806 crore
Options Open Interest up by Rs 1,438 crore
Nifty Futures add 1 lakh shares in Open Interest
Nifty Open Int Put-Call ratio at 1.35 vs 1.34
Nifty Puts add 12.1 lakh shares in Open Interest
Nifty Calls add 8.2 lakh shares in Open Interest
We will be back by mid trading session for free intra day tips and more market insight.
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Thursday, October 4, 2007

 

ITS A WAR ZONE !

Good Morning ! Well , Yesterday was one of the most volatile sessions of all times.Maybe after celebration Mahatma Gandhi's Birthday on Oct2 , many thought enough of peace now , lets convert into a war zone!Even stop losses don't work in these markets because they act both ways i.e on the higher as well as the lower side.But yes, its definitely a market to make money.
Earlier in the US, Stock declined Wednesday, as investors retreated after the recent run up and ahead of the September jobs report, due Friday.Stocks had drifted lower throughout the morning as investors mulled mostly in-line readings on the services sector of the economy, and private sector employment, ahead of Friday's big jobs report.
But in the afternoon, stock losses accelerated a bit, with technology, commodity and material stocks leading the pull back. Overall, there wasn't anything in today's trading action to suggest there are pressing concerns about the economy slipping into a recession.But If that turns out than it surely is going to create a mayhem in the markets.
Asian Markets are mostly in red at the moment.
F&O cues:
Stock Futures shed 3.5 cr shares in Open Interest
Futures Open Interest down by Rs 145 crore

Options Open Interest up by Rs 2,062 crore
Nifty Futures shed 1 lakh shares in Open Interest
Nifty Open Interest Put-Call ratio at 1.34 Vs 1.29
Nifty Puts add 21 lakh shares in Open Interest
Nifty Calls add 11 lakh shares in Open Interest

Technically, the support for the Sensex is at 17235 and the resistance to the up move at 17953 where as the support for the Nifty is at 5090 and resistance to the up move at 5265.
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, October 3, 2007

 

Tremendous Turnaround!

What a day for Traders ! Our call to short and exit quickly did yield good profits but such volatility and turnaround was not expected though.Hope all our readers too reaped benefits.
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.

 

Sharp Intra Day Downside expected !

WOW ! What a Rally ?
600 points up! Short and exit quickly.
Beware a sharp and steep downside is on the cards.Stay away or short and book small profits.
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.

 

Too much optimism !

Markets are booming and people are laughing their way to banks and it might continue too.But this is a harsh reality that if only there is a 10-15 % correction than everyone will run for cover.We advice caution in the wake of recent FII data.Certain select scripts will outperform but most of the stocks will see profit booking in all probability within this week.Global cues have to remain positive for us to surge up from these levels or even sustain them.
Earlier in the US Markets ,Stocks managed to end Tuesday mixed after a rough session in which dismal news about auto sales and the housing sector caused investors to pause after the previous day's rally.Despite the weak housing report, homebuilder and financial stocks continued to rise for a second session.
Asian Markets are in great positive zone too.
F&O cues:
Futures Open Interest up by Rs 2408 crore
Options Open Interest up by Rs 2084 crore
Nifty Futures add 1.88 lakh shares in Open Int
Nifty Open Int Put Call Ratio at 1.29 Vs 1.19 on Monday
Nifty Puts add 21.6 lakh, Calls add 8 lakh shares in Open Int

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, October 1, 2007

 

Markets Flat !

The Indian stock markets had a positive opening but failed to sustain the momentum and quicky came back into the red.Asian markets are trading mostly in green.We feel the market needs some really positive news to move upwards from here or a huge bear trap if people start shorting without any reason.Earlier in the US markets ,Friday's reassuring economic reports were not enough to send the stock market out on a high note on the last trading day of the third quarter. The major indices stayed within a tight range, and spent the vast majority of the day in negative territory. Losses, though, were modest in scope.Although Wall Street is on surer footing than it was a month ago, but it enters the fourth quarter with many questions still unanswered about the health of the nation's economy and corporations.
F&O cues:
Open Interest up by Rs 5,845 crore at Rs 73,458 crore
Futures Open Interest up by Rs 3,257 crore

Options Open Interest up by Rs 2,588 crore
Nifty Futures add 4.4 lakh shares in Open Interest
Nifty Open Int Put-Call ratio at 1.19 vs 1.13
Nifty Puts add 23 lakh shares in Open Interest
Nifty Calls add 13.8 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.

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