Saturday, October 20, 2007
Correction to Consolidation now !
On Thursday we said before the morning trade that P-notes issue was alive and kicking.Today after another fall we feel that it was overdone in the afternoon trade when the sensex was down by 750 pts.Certain stories will be shut for the time being whereas select stories will outperform.We skipped Friday as our investors are sitting on 80% cash of their total portfolio.We feel that the closing of this series will give an opportunity to buy into some quality stocks.Trading should never be done just for the sake of it.It makes logical sense that one stays away from these markets and but at very sharp dips.
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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.
Not a Subscriber ? Email at info@nsestocktips.com for a free weekly newsletter.
Thursday, October 18, 2007
P-Note issue still Alive and Kicking !
What a day it has been for the markets.They hit the lower circuit , trading was shut for an hour and than the markets came back with vengeance to close with moderate losses compared to the 10% loss earlier.We feel that people have not yet grasped the realms of the P-notes and it is definitely a deterrent to the growing Indian markets.Something had to give in after the stupendous rise we have seen in the Indian stock markets.It could have been anything right from politics, a scam , a war , a terrorist attack , profit booking or as the case has been , the p-notes CURB.We feel that volatility will increase manifold with the coming trading sessions and with the FII's selling a lot in Nifty Yesterday ,things could turn worse from here.Our advice to out investors , subscribers and readers , Wait for the correction and buy on very sharp dips.Don't add on to your loss making trades.If Bear traps have been the norm of these markets than bull traps are also not an non-existent entity either.
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.
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 17, 2007
Markets CRASH , TRADING shut for an Hour !
So the markets have finally hit the lower circuit.Our Investors and readers would have hopefully liquidated their positions by 80% in these three days of our sell calls.Today people didn't get a chance to buy or sell , that's why our calls to sell in the last three days are significant.Coming back to the markets , if they fall a further 3-4% , it is a buying opportunity.
SEBI CURB is a medium term story , the INDIA Story is still intact.
Earlier in the US markets,Wall Street investors struggled to find any encouraging news Tuesday amid record oil prices and more woes from the already troubled housing sector, leaving major gauges lower for the second straight session.With the crude threatening to breach 90$ mark, inflation is a big concern.
The Asian Indices are also trading in the red.
F&O cues:
Futures Open Interest up by Rs 2,267 crore
Options Open Interest up Rs 1,045 crore
Nifty Oct Futures shed 13.9 lakh shares in Open Interest
Nifty Nov Futures add 10 lakh shares in Open Interest
Nifty Open Int Put-Call ratio at 1.42 Vs 1.43
Nifty Puts add 6.6 lakh shares in Open Interest
Nifty Calls add 7 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.
SEBI CURB is a medium term story , the INDIA Story is still intact.
Earlier in the US markets,Wall Street investors struggled to find any encouraging news Tuesday amid record oil prices and more woes from the already troubled housing sector, leaving major gauges lower for the second straight session.With the crude threatening to breach 90$ mark, inflation is a big concern.
The Asian Indices are also trading in the red.
F&O cues:
Futures Open Interest up by Rs 2,267 crore
Options Open Interest up Rs 1,045 crore
Nifty Oct Futures shed 13.9 lakh shares in Open Interest
Nifty Nov Futures add 10 lakh shares in Open Interest
Nifty Open Int Put-Call ratio at 1.42 Vs 1.43
Nifty Puts add 6.6 lakh shares in Open Interest
Nifty Calls add 7 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.
SEBI In for CURBS !
Correction has been long overdue.But the momentum and the money flows have so big that every one is buying at every dip.Even the SEBI has now started to be skeptical and the market regulator on Tuesday proposed restrictions on the issue of participatory notes by Foreign Institutional Investors, in an apparent bid to stem the unceasing inflows into the booming Indian stock market.
Tuesday, October 16, 2007
Book Profits !
We are advising our clients to book profits and sit on cash to the tune of 80% of the portfolio.Even if there is a dip in the markets by 5% , one can hope to get stocks cheaper.Or Else stay away from the markets.
F&O cues:
Futures Open Interest up by Rs 3742 crore
Options Open Interest up by Rs 940 crore
Nifty Oct Futures shed 8 lakh shares in Open Interest
Nifty Nov Futures add 13 lakh shares in Open Interest
Stock Futures add 2 cr shares in Open Interest
Stock Options add 88 lakh shares in Open Interest
Nifty Open Interest PCR at 1.43 Vs 1.36
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.
Not a Subscriber ? Email at info@nsestocktips.com for a free weekly newsletter.
F&O cues:
Futures Open Interest up by Rs 3742 crore
Options Open Interest up by Rs 940 crore
Nifty Oct Futures shed 8 lakh shares in Open Interest
Nifty Nov Futures add 13 lakh shares in Open Interest
Stock Futures add 2 cr shares in Open Interest
Stock Options add 88 lakh shares in Open Interest
Nifty Open Interest PCR at 1.43 Vs 1.36
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.
Not a Subscriber ? Email at info@nsestocktips.com for a free weekly newsletter.
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