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+++
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.
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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