Tuesday, January 11, 2011

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.


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