MARKET VIEW FOR 1ST FEBRUARY 2011

THE JIG-JAG MOVE OF NIFTY SEEMS TO CONTINUE FOR SOME TIME MORE AND AFTER TAKING DIP AROUND 5400 IT MANAGED TO CLOSE ABOVE 5500. HENCE IN SHORT TERM NIFTY COULD TEST 5700 ON THE UPSIDE WITH MUCH VOLATILITY.


TRADING AND BUYING SHOULD BE AVOIDED AS IT MAY RESULT IN LOSSES. THIS CORRECTIVE RALLY, IF ANY SHOULD BE USED TO EXIT THE LONG POSITION IF ANY AND SIT ON CASH FOR DOWN SIDE TILL 5300.


AVOID FRESH TRADES AND LEVERAGED POSITIONS.


BUY PE 5700(FEB) ON EVERY RISE IN NIFTY TILL 5750 TGT FOR FEBRUARY SETTLEMENT AT 5400 OR LOWER

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

BROAD VIEW OF THE MARKET FOR NEXT TWO MONTHS. MARKETS WILL COME DOWN TO 16100/4900

THERE HAS BEEN CONTINUOUS FALL IN THE MARKET FOR LAST TWO MONTHS. NIFTY & SENSEX HAVE BROKEN ALL MAJOR SUPPORTS. DUE TO FIIs SELLING AND DIIs LACKING IN BUY THERE HAS BEEN CONTINUOUS OUTFLOW OF FUNDS FROM THE MARKET & COUNTRY. FLOW IN OF FUNDS WHICH HAS STARTED DUE TO LIQUIDITY OF FUNDS HAVE NOW DRIED UP AND NOW THERE IS OUTFLOW TO THE FUNDS, WHICH IS CLEARLY WITNESSED BY THE FAILURE TO GETTING SUPPORT, ALL MAJOR SUPPORTS HAVE NOW BEEN BROKEN.


NOW FOR THE COMING WEEK IF NIFTY SUSTAINS ABOVE THE 200 DMA ( 5590-5620) THEN THERE WILL BE SHORT COVERING WHICH MAY TAKE IT TO 5620-50-5700++ ELSE 5400-5360-5240 WILL BE SEEN. IT IS IMPORTANT TO NOTE THAT AS THERE IS NO SIGN OF THE INFLOW OF FUNDS THE MARKET  WILL WITNESS MORE INTENSIVE SELLING IN DAYS TO COME AND NIFTY WILL TEST 5200 VERY SOON. HENCE ANY RALLY SHOULD BE USED TO AT LEAST GET OUT OF THE STOCKS AND LONG POSITIONS IF NO SHORT POSITION IS MADE. 


ASTROLOGICALLY MARKETS ARE WEEK AND THE EFFECT OF ECLIPSE WILL BE FELT TILL 15TH MARCH 2011 BY THEN MARKET MAY TEST 16700-16400-16100 OR 5040-4900-4750. GIVING BEST BUYING OPPORTUNITY FOR NEXT RALLY TO START FROM AUGUST & SEPTEMBER 2011. HENCE ONE SHOULD EITHER SIT ON CASH ONLY.


WEEKLY RANGE (31ST JANUARY TO 4TH FEBRUARY) SHALL BE 5400-5700 AND BREAK ON EITHER SIDE SHALL BRING 150 POINTS MOVEMENT. HENCE ONE SHOULD TRADE ACCORDINGLY. FOR THE WEEK FOLLOWING STOCKS HAVE BEEN RECOMMENDED FOR SHORTING WITH STRICT STOP LOSS. TRADE IN FUTURE SEGMENT RATHER THAN INTRA-DAY POSITION IN CASH.


SHORT SESAGOA(330)ON RISE AROUND 336-338 SL 244   T-320-316-310-300-288 (CLOSING BASIS)


SHORT HIND UNILEVER (273) ON RISE AROUND 280-290 SL 298 T-265-258-250  (CLOSING BASIS)


SHORT TATASTEEL(635) ON RISE AROUND 650-660-670 SL 680 T-620-600-580 (CLOSING BASIS)


SHORT PNB(1093) ON RISE AROUND 1100-1110 SL 1120 T-1060-1040-1000 (CLOSING BASIS)


SHORT HINDALCO (223) ON RISE AROUND 225-228 SL 233 T-215-210-204-190 (CLOSING BASIS)

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

OUTLOOK FOR FEBRUARY SERIES & MARKET VIEW FOR 28TH JANUARY 2011

IT HAS ALREADY BEEN EXPRESSED THAT JANUARY & FEBRUARY SHALL NOT BE THE GOOD SERIES FOR ANY ONE, FULL OF DECEPTION. IT WAS FIRST EXPECTED THAT NIFTY WILL MOVE TO 6300 THEN WE MODIFIED TO 5800 THEN TO 5600. 


IN FEBRUARY SERIES MARKETS WILL AGAIN DECEIVE BUT IN A DIFFERENT MANNER. ROLLOVERS WERE LOW AND THERE WAS EXTREME PESSIMISM IN THE MARKET AS IT LACKS TRIGGERS FOR UP-MOVE APART FROM THAT FIIs SELLING AND FUNDS FLOWING OUT (RUPEE BECOMING WEAKER &WEAKER IN TERMS OF DOLLAR) SHOWS THAT FIIs ARE UNDERWEIGHT ON INDIA. 


TECHNICALLY BELOW 5550 THERE WILL BE MORE DOWN SIDE TILL 5300 AND UPSIDE IS CAPPED AT 5850-5900, HENCE THE BROADER TRADING RANGE SHALL BE 5300 TO 5900. TO CONCISE NARROW RANGE NIFTY SHALL BE 5550-5750. BREAK ON EITHER SIDE SHALL BRING 100 TO 200 POINTS RALLY OR BREAK DOWN. 


BUY AND ACCUMULATE SHARES AROUND 5550-5500 AND DON'T SHORT OR SELL STOCKS DUE TO PANIC OR WITH A VIEW TO BUY AT LOWER PRICES. HENCE HOLD ALL YOUR LONG POSITIONS( IF ANY).


TOADY MARKET WILL BE NERVOUS AND WEAK IN THE FIRST HALF THAN SECOND HALF  AND BUYING IN NIFTY OPTIONS CE 5600, CE5700, CE5800, CE5900 & CE6000 COULD BE CONSIDERED IF NIFTY TRADES AROUND 5500-5550.


THERE WILL BE SOME  POSITIVE TRIGGER IN FEBRUARY TO EXIT FROM THE EXITING POSITIONS AND STOCKS , AND IT WILL BE A CORRECTIVE RALLY TILL 5900 


STOCKS TO WATCH AS A RESULT IMPACT TODAY:


ONGC A BUY CANDIDATE: ANY POSITIVE TRIGGER FROM RESULT WILL MAKE IT RISE


SIEMENS A BUY CANDIDATE: ANY POSITIVE TRIGGER FROM RESULT WILL MAKE IT RISE


THERMAX A BUY CANDIDATE DUE TO POSITIVE RESULTS.


LOOK TO BUY HLL KEEP SL 270 T-280+++

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 27TH JANUARY 2011

EVEN AFTER A 25bps POINT HIKE IN REPO & REVERSE REPO RATE BY RBI MARKET FELL AFTER POOR NUMBERS FROM HUL AND INFLATION FEARS

NIFTY SETTLEMENT MAY TAKE PLACE  AT OR AROUND 5600. THERE WILL BE MORE SELLING PRESSURE AFTER SETTLEMENT ON FRIDAY. NIFTY MAY COME DOWN TO 5550-5500 LEVELS ALSO HENCE NO ROLLOVER IS SUGGESTED AS OF NOW IN FEB SERIES.

BUYING NIFTY CALLS ON FRIDAY 28TH MAY BE PROFITABLE WHEN THERE WILL BE BOUNCE BACK.

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 25TH JANUARY 2011

AN IMPORTANT EVENT TODAY IS THE CREDIT POLICY TODAY, WHERE RBI MAY TAKE ACTION ON RATES, LIKE REPO, REVERSE REPO, SLR AND/OR CRR. CHANCES ARE THERE THAT RBI MIGHT HIKE REVERSE REPO RATE , BY 25bps TO 50bps. THERE COULD ALSO BE SOME VIEWS ON THE FUTURE COURSE OF ACTION IN TACKLING INFLATION. A 25bps POINT HIKE IS PRICED IN BY THE MARKET. ANY ACTION ABOVE 25bps MIGHT LEAD TO SOME KNEE JERK REACTION IN THE MARKET. HENCE 1ST HALF WILL BE SLACK AND AFTER THE CREDIT POLICY THERE WILL BE LOT OF ACTION. ALSO THERE WILL BE MORE ADJUSTMENTS DUE TO F&O EXPIRY AFTER HOLIDAY ON 26TH JANUARY, ON 27TH JANUARY.


IF THERE IS 25bps HIKE IN REVERSE REPO RATE MARKET COULD RISE TO THE TUNE OF 50 TO 70 POINTS TILL 5820-50.
IF THERE IS 50bps HIKE IN REVERSE REPO RATE MARKET COULD COLLAPSE TILL 5500 OR EVEN TO 5400!!!!!!!!


WHAT SHOULD ONE DO??????


WAIT AND WATCH TILL POLICY COMES OUT. DONT JUMP AND BUY BUT SEE THE GOVERNOR'S APPROACH AND LANGUAGE TO GAUGE THE FUTURE COURSE OF ACTION ON TACKLING INFLATION.


FOLLOWING STOCKS NEED TO BE SEEN TODAY FOR SHORT TERM DELIVERY, IF NIFTY SUSTAINS 5750-5800,ON POSITIVE MARKETS:


CITY UNION BANK( 46.10) T-48-50-53
HCL TECH (508.15) T-512-516-520 SL 500
IDEA(69.40) T-72-75++++ SL 66
LUPIN( 469.15) T-480-90 SL 460
SHREE RENUKA (90) T-92-95-100++++ SL 87


ALSO WATCH SOUTH INDIAN BANK, ICICIBANK, HDFCBANK, SBI, BANK OF BARODA


IF THERE IS MORE THAN 25bps POINT HIKE THEN SIMPLY SHORT NIFTY FUTURE OR CALL OPTION.


NOTE THAT NO LARGE BUYING IS SUGGESTED VENE IF THERE IS 25bps HIKE AND MARKET IS POSITIVE AFTER THE POLICY AS OVERALL VIEW IS TO GET OUT OF THE MARKET BY NEXT WEEK OR TWO WEEKS AS THERE IS SIGNIFICANT CORRECTION TO COME WHICH MIGHT TAKE NIFTY TO 5400-5200 SOON. HENCE AVOID LEVERAGED POSITION AND LONG TERM INVESTMENT AS OF NOW AND TRY TO GET OUT OF THE STOCKS ON EVERY RISE.

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 24TH JANUARY 2011

NIFTY RANGE REMAINED 5615 TO 5740. NOW BREAK ON EITHER SIDE SHALL BRING 100 TO 150 POINTS MOVE. CHANCES ARE THERE FOR BREAKING 5740-50 ON UPSIDE AND TESTING 5800-5850 SOON. ONE SHOULD NOT BUY TOO MUCH IN EXPECTATION OF THIS. WAIT & WATCH IS THE BEST POLICY AT THIS POINT OF TIME.
GOOD RESULT FROM SBI & RELIANCE SHALL GIVE SOME BOOST TO SENTIMENT.


FOLLOWING STOCKS LOOKS GOOD TO TRADE:


SBI IT MAY TOUCH 2700-2750 SOON


BANK OF BARODA MAY TOUCH


RELIANCE MAY TOUCH 1030 SOON


BUY PETRONET FOR THE TARGET OF 138-140 VERY SOON. ONE CAN BUY CALLS 130 & 140 STRIKE PRICE FOR FEBRUARY SERIES.


BUY BHUSHAN STEEL FOR THE TARGET OF 450++++ VERY SOON. SL 415


BUY PANTALOON FOR TARGET  OF 340-350+++++ VERY SOON. SL 400


BUY TATA GLOBAL BREVERAGE FOR TARGET OF 112++++  VERY SOON. SL 101

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

BROAD REVIEW OF MARKET AND ACTION STRATEGY TILL SETTLEMENT

THERE HAS BEEN A RANGE BOUND MOVE IN THE NIFTY FOR LAST 2 DAYS FROM 5630 TO 5730


OPTIONS DATA SHOW THAT NIFTY SETTLEMENT WILL TAKE PLACE ABOVE 5800. KEEPING THIS VIEW IN MIND ONE CAN PURCHASE NIFTY CALL FOR 5700 AND SELL 5700 & 5800 PUT FOR JANUARY SERIES.


HENCE, IN JANUARY SERIES ONLY 
MINIMUM RISK AND MAXIMUM RETURN (BEST) IF FOLLOWING THREE ARE ACTED SIMULTANEOUSLY:


BUY CE 5700 AROUND  60-65 FOR TGT OF 100++
SELL PE 5700 AROUND  45-40 FOR TGT OF 0
SELL PE 5800 AROUND 100-110 FOR TGT 0


WHAT IF SETTLEMENT TAKES PLACE AT 5800 OR ABOVE YOU WILL GET  180 RUPEES (40+100+40)= 9000 FOR ONE LOT OF NIFTY OPTIONS


WHAT IF SETTLEMENT TAKES PLACE AT 5700 OR ABOVE YOU WILL LOOSE ONLY 20-25  RUPEES (-60+40)=  1000 FOR ONE LOT OF NIFTY OPTIONS


WHAT IF SETTLEMENT TAKES PLACE BELOW 5700, SELL SHORT 2 LOTS OF  5600CA FOR 100 RUPEES, WHEN NIFTY MOVES BELOW 5700, YOU WILL BE HEDGED & NO PROFIT NO LOSS.




FOR TODAY: 


SELL RELIANCE PUT 1000 @30-35 COVER IT AT 7-5 BY MONDAY
 OR 
SELL RELAINCE PUT 960 @ 12-15 COVER IT AT 1 BY EXPIRY




POST EXPIRY THERE WILL BE SOME WEAKNESS IN THE MARKET AND NIFTY MAY COME DOWN TO 5560-5480 FROM WHERE THERE WILL BE NEW TREND IN THE MARKET. HENCE NO LONG SIDE ROLLOVERS ARE SUGGESTED THIS TIME IN FEBRUARY SERIES. AVOID LONG & SHORT ROLLOVERS IN STOCK & NIFTY FUTURES TILL ANY NEW INFORMATION/VIEW IS UPDATED.


STOCKS TO WATCH TODAY:
TATA COFFEE FOR SHORT TERM TARGET OF 1000++++
ITC FOR ITS RESULT TODAY. MAY GO ABOVE 175+++
TCS FOR SHORT TERM TARGET OF 1230-40-60++++
RELIANCE FOR SHORT TERM TGT OF 1030 ABOVE 980 (CLOSING BASIS)
MPHASIS (699) TGT 710-740++++ VERY SOON

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 19TH JANUARY 2011

NIFTY MANAGED TO CLIMB ABOVE 5700 ON GOOD NUMBERS FROM TCS AND TECH RALLY ALSO POSITIVE GLOBAL CUES PLAYED GOOD ROLE.

CROSS ABOVE 5750 AND 5800 SEEMS TOUGH IN THIS SERIES. ALSO DOWN WARD SEEMS TO BE LIMITED TO 5600 IN THIS SERIES HENCE SELLING 5900, 6000, 6100 CALLS OF JANUARY SERIES FOR  SMALL AMOUNTS TO EARN SAFELY

ALSO FOR EXPIRY POINT OF VIEW SELLING RELIANCE 1080, 1050 CALLS( JANUARY SERIES) AND RELIANCE 1000 PUTS (JANUARY SERIES)ON EVERY RISE TILL 1030-1040 WILL BE HELPFUL IN EARNING 15-30 RUPEES BY 26TH JANUARY.

ALSO FOR EXPIRY POINT OF VIEW SELLING HUL 340, 320 CALLS( JANUARY SERIES) AND HUL 300 PUTS ( JANUARY SERIES)ON EVERY RISE TILL 310-315 WILL BE HELPFUL IN EARNING 3-5 RUPEES BY 26TH JANUARY.

STOCKS TO WATCH TODAY FOR INTRADAY BOTH LONG & SHORT:

BAJAJ AUTO (1294) ( SEE THE RESULT IMPACT, MAY MOVE UP

SUN PHARMA (484)  MAY MOVE UP TILL 500-505 KEEP SL 465

BAJAJ FIN SERV MAY MOVE TO 490+++

POLARIS MAY MOVE TO 190++++++

HCL TECH, HUL, RELIANCE, ETC

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer:

This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 18TH JANUARY 2011

WAIT & WATCH THE NIFTY TO CROSS 5750 ON THE HIGHER SIDE OR 5600 ON THE LOWER SIDE TO TAKE THE FRESH MOVES. 100 TO 150 POINT MOVE WILL TAKE PLACE IF NIFTY CROSSES THE TWP EXTREME POINTS(5750-5600)


I.T. RESULTS GIVING SUPPORT TO THE MARKET. ONE CAN BUY SOME MIDCAP I.T. STOCKS LIKE POLARIS, HEXAWARE, MPHASISBFL, AZTECH, ETC.


LOOK THE FOLLOWING STOCKS TODAY:


RELIANCE, ITC, BHARTI, TCS, SRI RAM TRANSPORT FIN, PETRONET ETC FOR INTRADAY.

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

BROAD MARKET OUTLOOK FOR THE WEEK 17TH-21ST JANUARY 2011

EVEN AFTER THE SHARP RECOVERY TO 5833 NIFTY WITNESSED HUGE SELLING AND CRASHED BELOW THE SUPPORT LEVEL 5750-5700 AND CLOSED AT 5654.55.


THIS IS NOT NORMAL SELLING OR SHORTING BUT HUGE WITHDRAWAL OF FUNDS BY FIIs AND DIIs ALSO NOT PARTICIPATING TO BUY. THIS IS NOT GOOD INDICATOR FOR OUR MARKETS.


VARIOUS MACROECONOMIC HEADWINDS AND DOMESTIC INDICATORS CREATING  A GLOOMY PICTURE AHEAD FOR NEXT 2-3 MONTHS. HENCE ONE SHOULD BE CAUTIOUS IN THE MARKETS IN THE NEAR TERM SAY TILL MARCH END. ONE SHOULD LOOK TO EXIT FROM THE MARKET AS & WHEN ONE GETS THE OPPORTUNITY ANY POINT BETWEEN 5800-6000, IF IT IS GOT.


FOR THIS WEEK:  NIFTY WILL FORM BASE AROUND 5600-5500 AS THE OPTION DATA SUGGEST THAT HUGE SHORTING HAS TAKEN PLACE AT 5800. HENCE MARKET MAY NOT MOVE BELOW 5500 BUT ALSO NOT ABOVE 5800 IN NEAR TERM TILL FIIs STOP SELLING. 


ASTROLOGICALLY MARKET WILL GIVE A CORRECTIVE RALLY TO EXIT FROM THE LONG POSITION. 


NO RECOMMENDATION TO BUY ANY STOCK TILL SELLING STOPS AND FRESH BUYING EMERGES.


THIS WEEK VERY CRUCIAL TO WATCH FOR 5600( 200 DMA) & 5540 ON THE DOWNSIDE AND 5700-5750 & 5870 ON THE UPSIDE. 

SHORTING OPPORTUNITY EXIST IN : ( FOR TODAY 17TH JANUARY 2011)


STERLITE (177.40) SL 181.90 T-171.80


BHEL (2195) SL 2250 T-2125

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 14TH JANUARY 2011

NIFTY WITNESSED HUGE VOLATILITY AND FELL BELOW 5800 ON INFOSYS RESULT AND ALSO SELL OFF IN BANKS FINALLY CLOSING AT 5751.90 AFTER TOUCHING LOWS OF 5736.70


NOW TODAY IS VERY CRUCIAL FOR DIRECTIONAL MOVE. IF NIFTY SUSTAINS ABOVE 5750 AND MOVES TO CLOSE ABOVE 5820-30-60 THEN THIS UP MOVE WILL NOT BE DECEPTIVE AND THERE WILL BE MORE UPSIDE MOVE TILL 5940-6000 OR EVEN TO 6040-6100 HOWEVER ANY MOVE BELOW 5680 AND CLOSE BELOW 5700 WILL BE NEGATIVE FOR MARKET AND IT WILL GO DOWN VERY SWIFTLY TO 5600 OR EVEN 5500


OPTIONS DATA SUGGEST THAT THE NIFTY WILL BE IN A RANGE OF 5700-5850 BREAKOUT OF THIS RANGE SHALL BRING AT LEAST 200 POINTS MOVE ON EITHER SIDE. HOWEVER ENDING OF THE JANUARY SERIES BELOW 5700 AND ABOVE 6000 IS NOT SEEN AT THIS POINT OF TIME. OPTION DATA AT THE LAST WEEK OF THE SETTLEMENT SHALL GIVE BETTER VIEW FOR SETTLEMENT.


ASTROLOGICALLY: MARKETS WILL TAKE TO HELP THE BULLS VERY SOON AND GIVE POSITIVE BREAKOUT.


BUY CE 5700, CE5800, CE5900 , CE6000 FOR FEBRUARY SERIES. THOSE WHO WISH TO PLAY FOR LOW COST/PRICE  SPECULATION SHOULD BUY JANUARY CE 5800, CE5900


STOCKS TO TRADE & BUY IN DELIVERY TODAY ARE:


BUY IB REALESTATE (125.85) TGT 128-130-134-136+++ ( PLAY INTRADAY SL 120)


BUY HAVELLS( 377.90) TGT 380-384-388-400++++ (FOR INTRADAY/DELIVERY)


SHORT MARUTI (1315): SL 1330 T-1250 ( INTRADAY)


BUY PETRONET (124) TGT 127-129-132++++ VERY SOON. HOLD CALL OPTIONS FOR NEXT WEEK


STOCKS WHICH SHALL MOVE POSITIVE TODAY ARE:


HLL , ITC, PETRONET, HDFC, RANBAXY, INFOSYS & RELIANCE


STOCK WHICH MAY BE NEGATIVE TODAY:


MARUTI

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 12TH JANUARY 2010

NIFTY AFTER TESTING 5711.30 CAME BACK TWO TIMES FROM THE LOW AND CLOSED 5863.25 MAKING ALL THE ANALYSTS FAIL, WHO WERE TAKING ABOUT THE MARKET TO GO TO 5500 NEXT 


ASTROLOGICALLY IT WAS SAID THAT MARKET WILL NOT TEST ITS LOWS WHICH IT HAD MADE YESTERDAY (5698) AND EXACTLY THE SAME HAD HAPPENED. SO WHAT NEXT???????????


AS SAID EARLIER THAT THE SOLAR ECLIPSE WHICH HAD CAUSED MUCH FALL FROM 5TH JAUNARY TO 11TH JANUARY HAD NOW MADE A FORCEFUL SOROS ENERGY CYCLE TO CREATE AN UPSWING WHICH MAY BE BEYOND IMAGINATION. THIS IS KNOWN AS DECEPTION ,WHICH I WAS TALKING ABOUT.


INFOSYS RESULT TODAY MAY LEAD TO VOLATILITY ON THE INDEX. FALL IN THE INFOSYS STOCK IS NOT RULED OUT AS IT ALWAYS HAPPEN WITH ITS RESULT DAY. HOWEVER THE FALL ,IN INDEX,  IF ANY, DUE TO INFOSYS STOCK SHALL BE COVERED BY RISE IN HUL & RELIANCE, BANKS ETC. HENCE PART PROFIT SHOULD BE BOOKED IN I.T STOCKS, FOR A WHILE AND BANK STOCKS SHOULD BE BOUGHT FOR EXPIRY VIEW.


NOW SEE HOW BENEFICIAL HAVE BEEN THE BUYING IN NIFTY CALLS, SBI CALLS, ICICI BANK CALLS ETC , WHICH ALL HAVE LED TO SURGE IN HUGE PROFITS. HOLD ALL YOUR LONG POSITION TILL 6020-6040 BY NEXT WEEK. 


ASTROLOGICALLY THERE WILL BE SOME SURPRISING MOVES IN DAYS TO COME, THOSE WHO KNOW IN ADVANCE WILL BE BENEFITED. BUY THE CALLS IN NIFTY & BANK STOCKS LIKE SBI, ICICI, ETC.


FOLLOWING STOCKS SHOULD BE CONSIDERED FOR DELIVERY AS WELL AS INTRA-DAY:


GUJRAT FLOURO ( 240.20) TGT 260-280-300++++ VERY SOON. ALSO RECOMMENDED SEVERAL TIMES IN PAST FROM 218-220


RENUKA SUGAR (91.15) TGT 93-97-99++++++++


IDFC (164.50) TGT 168-172-178-183++++++++ 


HUL( 304.80) TGT 309-311-316-319+++++ ACCUMULATE THIS STOCK AS MUCH AS YOU CAN FOR JANUARY SETTLEMENT & FEBRUARY( TGT 360-380+++ IN FEB )


BUY SELECT FERTILISER STOCKS, CHAMBAL, RCF ETC ,  REDINGTON, SUVEN, & MIDCAP PHARMA STOCKS......

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 12TH JANUARY 2010

EXACTLY AS PER EXPECTATION NIFTY CRASHED TO 5698.20 AND THEN RECOVERED TO 5754.10 & NIFTY FUTURE COVERED TO 5808.20, WHICH CLEARLY SHOWS THAT COVERING IN SHORTS IN NIFTY FUTURES  HAVE STARTED.


ON THE BEARISH VIEW AS EXPRESSED EARLIER NIFTY WILL TOUCH 5680 OR 200 DMA AT 5600 ELSE ANY CLOSE ABOVE 5860 SHALL MAKE THE WEEKLY DOWN TREND UP AND NIFTY WILL THEN TEST 5920-5980-6020 ALSO.


ASTROLOGICALLY I HAVE ALREADY STATED THAT SOLAR ECLIPSE OF 4TH JANUARY WILL CAUSE MUCH DECEPTION & NIFTY WILL BE UNPREDICTABLE TILL 12TH JANUARY AND ONE SHOULD BUY NIFTY CALLS OF JANUARY & FEBRUARY SERIES.


NOW A BIG BIG DECEPTION TO ALL TV ANALYSTS IS COMING SOON. SEE THE MAGIC OF SOLAR ECLIPSE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


NOW ONE MORE ASTROLOGICAL PREDICTION: NIFTY HAS TESTED ITS BOTTOM TODAY AT AROUND 5700 NOW NIFTY MAY NOT TEST IT AGAIN. BUYING OPPORTUNITY MAY NOT COME FOR NIFTY OPTIONS. HENCE ANY ONE LEFT OVER SHALL BUY ON TOMORROW'S BLIP, WHICH MAY COME ANY TIME AFTER 11 AM. THERE ARE 20% CHANCES THAT I MAY GO WRONG. JUST BUY-BUY & BUY NIFTY CE 5900 (FEB) & SEE THE MAGIC


FOLLOWING STOCKS ARE GOOD TO PURCHASE BOTH FOR DELIVERY BASIS AND INTRADAY:


ICICI BANK(1022.95) TGT 1035-48-66-1082-1110+++++ VERY SOON 


SBI( 2623.70) TGT 2750+++ BY FOR EXPIRY (ALREADY MENTIONED YESTERDAY TO BUY 2550 CALL @ 80 , IF NOT BOUGHT BUY NOW FOR EXPIRY TGT FOR SBI IS 2750+++++


REDINGTON (73.95) BUY FOR INTRADAY/DELIVERY TGT 78-82-84+++++++++


STOCKS TO WATCH FOR TODAY ARE:


SESAGOA, PETRONET, HIND ZINC, HINDALCO, DABUR, HLL, ETC JUST BUY AND TRADE LONG.

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR 11TH JANUARY 2010

WE HAVE TESTED 5750 NOW AND MAY TEST 5680-5700 ALSO BUT HAS THE TIME OF REVERSAL STARTED AFTER THE 5 SESSIONS FALL?


CERTAINLY NO. NO & NO  NOT FOR TODAY, BUT ANY TIME AFTER OR AT THE END OF THURSDAY.................


WAIT TILL 12TH JANUARY 2011 FOR IIP DATA & 13TH JANUARY 2011 FOR INFOSYS RESULT. 


NOW BUYING IN NIFTY OPTIONS OF FEB SERIES FOR DEEP IN THE MONEY CALL 5500-5600-5700  WILL BE FRUITFUL..............


BUY CE 5700, CE5800 FOR JANUARY SERIES & CE5500, CE5600 & CE5700 FOR FEBRUARY SERIES.........................




STOCKS TO WATCH TODAY: DELIVERY & INTRADAY


SBI (2547)  TGT 2568-79-90-2605-2700-2750++++++ (BUY CE 2550 SBI @ 82 TGT 200++ BY JAN EXP ( EXPIRY TGT 2750++)


BHARTI (339)   TGT 344-352-358+++++++


LT (1780)   TGT 1800-1830-1870-1900+++++


STERLITE (171)   TGT  (171) 174-178-180-185++++++


IGL (330) TGT 338-344-356-370++++++++


GUJRAT FLORO ++++++ VERY POSITIVE BIAS FOR THIS STOCK. BUY ON EVERY FALL


PETRONET LNG++++++ VERY POSITIVE BIAS FOR THIS STOCK.BUY ON EVERY FALL


HINDUNILEVER+++++++VERY POSITIVE BIAS FOR THIS STOCK.BUY ON EVERY FALL


HIND OIL EXPLORATION++ VERY POSITIVE BIAS FOR THIS STOCK.BUY ON EVERY FALL

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.

MARKET VIEW FOR A WEEK 10TH JANUARY 2011TO 14TH JANUARY 2011

IT WAS HEART BREAKING MOVE BY THE MARKET FOR THOSE HOLDING LONGS......................................


LOT OF PAIN IS  GIVEN BY SOLAR ECLIPSE OF 4TH JANUARY 2011 BUT WHERE IS THE DECEPTION??????????????????? WE WILL SOON SEE IT


IT WAS SUGGESTED NOT TO TAKE ANY POSITION IN THE OPTIONS AND NIFTY FUTURE TILL 5900 SO SAVED ON THAT FRONT BUT THE STOCKS HAVE TAKEN A KNOCK...........


NOW TECHNICALLY THERE ARE TWO VIEWS:


VIEW NO: 1 NIFTY WILL BE WEAK BELOW 5900 MARK ON CLOSING BASIS AND MARKETS WILL TEST 5850-5810-5790 LEVELS AND UPSIDE THEN WILL BE CAPPED TO 5900-5950-6020. THIS WILL BE VERY CRITICAL SITUATION AS MARKETS WILL THEN TAKE AT LEAST 2-3 MONTHS TO RECOVER AND THE SITUATION MAY BECOME GRIM AND GLOOMY. ALSO NIFTY MAY SLIDE DOWN TO 5600-5500 LEVELS AS MAJORITY OF THE ANALYST ARE PREDICTING 


VIEW NO: 2 NIFTY WILL SUSTAIN 5850-5810 LEVEL AND GRADUALLY COME BACK TO 6020-6080 LEVELS AND SUSTAIN ABOVE THESE LEVELS OPENING THE SPACE FOR 6100-6200-6300++ IN A VERY SHORT PERIOD OF TIME. NIFTY WILL ALSO MAKE NEW HIGHS AND CHEER THE TRADER BY FEB 1ST WEEK. NO ANALYST IS TALKING ABOUT BUYING FOR SHORT TERM AND SPEEDY MARKETS AHEAD.


ASTROLOGICALLY: MARKETS WILL BE HIGHLY UNPREDICTABLE IN THE MONTH OF JANUARY & FEBRUARY 2011 AS PREDICTED EARLIER. THERE WILL BE BOTH CHEER & DECEPTION IN THESE MONTHS. WHEN THERE WILL BE MAJOR VIEW OF BEARISHNESS ( THAT MARKET WILL BREAK DOWN  & GO TO 5600 LEVELS) THEN THERE WILL BE DECEPTION AND THE MARKET WILL GO UP AND WHEN THERE WILL BE MAJOR CONSENSUS THAT MARKETS WILL GO UP FROM HERE ON AND THERE WILL BE CHEER AMONG TRADERS THEN THERE WILL BE SHOCK AND THE MARKETS WILL SLIDE, EXCEPT ONCE, WHEN MARKET WILL BREAKOUT TO NEW HIGHS 6400 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!




MY VIEW: HOLD YOUR LONG POSITIONS TILL5810 ON CLOSING BASIS BELOW WHICH MARKET MAY TEST 5600. ANY BUY IN CASH & FUTURE SHOULD BE MADE ONLY ABOVE 6020 ON CLOSING BASIS.


STRATEGY FOR THE MONTH: 


BUY CE 5900, CE6000, CE6100 FOR JANUARY SERIES FOR THOSE WHO WANT TO SPECULATE.


BUY THE FOLLOWING STOCKS ON DELIVERY BASIS AT CMP ON ANY FALL:


1.  NIIT TECH (200.25) TGT 208-220-236-255-280++++


2. HIND UNILEVER (312.25) TGT 219-224-229-236-240++++


3. PETRONET LNG (122.05) TGT 124-128-132-136++++ VERY SOON.BUY CE130 & CE140 VERY POSITIVE BIAS FOR THIS STOCK. MUST BUY AT ALL LEVELS


4. RELIANCE (1064.90) TGT 1078-1084-1091-1105-1115-1130++++ VERY SOON.




BUY BUY BUY ALL SUGAR STOCKS IN DELIVERY. NOTE THE PRICE OF STOCKS NOW & MATCH WITH PRICES AS ON APRIL THERE WILL BE 50% INCREASE. SO ALL SWEET LOVERS SHOULD BUY EXCEPT THOSE WHO HAVE DIABETES

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

Disclaimer: 
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.