MARKET VIEW FOR 28TH FEBRUARY TO 4TH MARCH 2011 & BUDGET SPECIAL

ITS A IMPORTANT WEEK AS FAR AS INDIAN ECONOMY IS CONCERNED BUT MARKETS HAVE TAKEN THE CUES FAR MORE EARLIER THAN IT SEEMS. HENCE BUDGET IS NOW PRICED IN AND MARKETS ARE ENTERING THE BUDGET WITH LEAST EXPECTATION. MAJORITY OF SHORTS HAVE BEEN COVERED, OPEN INTEREST IS LOW, PCR IS BELOW 1, SERIES IS NEWS WITH CAUTIOUS APPROACH, EVERY ONE HAS EYES ON RISING OIL PRICES, DEVELOPMENTS IN LYBIA & AMERICAN MARKETS HAVE TURNED TO BE POSITIVE. 


NIFTY AFTER TOUCHING LOW OF 5230 BOUNCED BACK AND WENT HIGH OF 5340 AND THEN AFTER THE VOLATILE MOVES SETTLED ABOVE 5300. THIS SHOWS THATS THERE WAS BUYING INTEREST CUM SHORT COVERING AT THE LOWER LEVEL AND 5200 SEEMS TO BE A INTERIM BASE BUT THIS SHORT TERM BASE MAY BE VIOLATED ANY TIME IN THE MARCH IF NIFTY FAILS TO SUSTAIN 5300-5280. DOWN SIDE SEEMS TO BE 5170-5130-5000. BUDGET MAY NOT BE THE MAIN REASON FOR FALL  BELOW 5170 BUT ANY NEGATIVE GLOBAL CUES MAY LEAD THE DECLINE.


HENCE SHORTING THE MARKET NOW AT 5300 LEVELS IS NOT A GOOD IDEA. SHORTING WILL BE ADVISABLE ONLY ON RISE TILL 5400-5470 WITH STOP LOSS OF 5555 ( CLOSING BASIS) WITH A TARGET OF 5230-5170-5100-5000. CONVERSELY ANY CLOSING ABOVE 5550 WITH POSITIVE GLOBAL CUES LIKE SETTLING OF THE ISSUES OF LYBIA, COOLING DOWN OF THE OIL PRICES, ETC WILL LEAD A SUPER RALLY TO 5800-5900 VERY SOON. THE CHANCES OF IMMIDIATE RALLY SEEMS DIFFICULT AND MUCH DEPENDS HOW FIIs INTERPRET THE BUDGET AND DEVELOPMENTS AHEAD.


FOR THE BUDGET DAY


NOW ANY POSTIVE(S) IN BUDGET SHOULD BE USED TO EXIT THE STOCKS AND BOOK PROFITS WHICH I HAVE ALREADY MENTIONED IN THE BLOG EARLIER. HENCE NO FRESH BUYING ADVISE OR RECOMMENDATION IS MADE.


DONT TRADE TODAY YOU MAY LOOSE MONEY & WISDOM BOTH...................


HENCE SIT ASIDE AND WATCH THE DADA's MATCH IF NOT THE CRICKET MATCH

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 FEBRUARY 2011

TODAY ALSO SETTLEMENT PRICE ANALYSIS WENT WRONG.IT WAS DUE TECHNICAL FACTOR THAT THERE WAS SUDDEN HUGE UNWINDING OF THE PUTs WRITTEN AT 5400 & 5300 AND THIS WAS DUE TO TENSIONS IN MIDDLE-EAST COUNTRIES, AND SUDDEN RISE IN THE CRUDE OIL ABOVE $100. THIS MADE FIIs TRIGGER THE SELL BEFORE THE BUDGET.MOREOVER THE GEO-POLITICAL SITUATION, FOOD INFLATION DATA, AND POOR SENTIMENTS FOR EMs HAVE BEEN THE BASIC REASONS FOR THE PANIC SELLING IN THE MARKETS.


NOW WHEN NIFTY HAS BREACHED 5300, AS IT HAS BEEN ALREADY MENTIONED IN PAST SEVERAL TIMES THAT NIFTY IS HEADING LOWER TO 5000 LEVELS AND MORE DOWN, ONE SHOULD AVOID BUYING AT THIS TIME AND HOLD CASH TO BUY WHEN MARKET GIVES OPPORTUNITY.


THOSE WHO HAVE BOUGHT PUTs AT 5400 LEVELS AND ABOVE SHOULD BOOK PARTIAL PROFITS AND WAIT FOR MARKET TO BOUNCE LITTLE BIT SO THAT ONCE AGAIN PUTs ARE BOUGHT AT THE LOWER PRICES.HENCE KEEPING THE NEGATIVE VIEW IN THE SHORT TERM


THOSE INTERESTED IN AGGRESSIVE TRADING WATCH OUT TO BUY FOR BUDGET DAY:


RETAILS LIKE PANTALOON, TRENT ETC
FERTILISER LIKE COROMONDAL FERT, NATIONAL FERT, ETC
EDUCATION LIKE EVERONN, EDUCOMP, CORE PROJECT, NIIT ETC
PHARMA LIKE CIPLA, RANBAXY, LUPIN ETC
JEWELLERY & EXPORTS LIKE TITAN, GITANJALI, ETC

FOLLOWING STOCKS SHOULD BE WATCHED TODAY FOR THE PRICE ACTION:

1. JINDAL SAW(207.25): UPWARD PRICE ACTION MAY BE SEEN TILL 220-30.

2. DIVIS LAB(606.35):UPWARD PRICE ACTION MAY BE SEEN TILL 620-30.

3.L&T(1516.40):

UPWARD PRICE ACTION MAY BE SEEN TILL 620-30.

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 FEBRUARY 2011

TODAY IS THE RAIL BUDGET & SETTLEMENT OF THE FEBRUARY SERIES. NIFTY RANGE FOR THE DAY SHOULD BE 5410-5480. SINCE THERE IS UNION BUDGET ON 28TH MARKET SEEMS TO BE SLIGHTLY NERVOUS ON THAT ACCOUNT AND THE ROLLOVER SO FAR IS VERY LESS HENCE MARKET VOLATILITY SHALL DOMINATE AND THE SETTLEMENT WILL TAKE PLACE. 


HENCE ONE SHOULD BE THE BUYER IN NIFTY IF NIFTY OPENS AROUND 5410-5420 FOR TARGET OF 5460-80 AND SHORT NEAR 5480 FOR THE TARGET OF 5420-10. HOWEVER NOTE VERY CLEARLY THAT IF NIFTY MOVES BELOW 5400 THEN IT WILL TURN WEAK AND BREAKDOWN TO THE LEVELS OF 5200 IS NOT RULED OUT BUT IT SEEMS LESS THAT NIFTY WILL BREAKDOWN BELOW 5400 TOMORROW. IT MAY HAPPEN ANY TIME POST BUDGET , WHICH MAY BRING A GOOD BUYING OPPORTUNITY FOR INVESTORS.


FOLLOWING STOCKS SHOULD BE WATCHED TODAY FOR THE PRICE ACTION:


1. TORRENT POWER(229.15): MAY SEE SOME UPWARD PRICE ACTION TILL 235-240++ IN A DAY OR TWO.


2. RCOM(96.45): MAY SEE SOME UPWARD PRICE ACTION TILL 100-105++ IN A DAY OR TWO. KEEP SL OF 94


3. BEL(1671.75): MAY SEE SOME UPWARD PRICE ACTION TILL 1695-1720++ IN A DAY OR TWO OR TILL BUDGET.


4. PANACEA BIO(184.55): MAY SEE SOME UPWARD PRICE ACTION TILL 195-200++ IN A DAY OR TWO. KEEP SL OF 175


5. ACC(1014.10): MAY SEE SOME UPWARD PRICE ACTION TILL 1030-40++ IN A DAY OR TWO.

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 23RD FEBRUARY 2011

NIFTY COULD NOT MANAGE TO CLOSE ABOVE 5500 AND THE MARKET BREADTH CRACKED. OPTIONS DATA SHOW THAT THE SETTLEMENT SHALL TAKE PLACE ABOVE 5400 AND IT SHOULD NOT BREAK BELOW 5400 RIGHT NOW BEFORE BUDGET.CALCULATION OF SETTLEMENT AT 5600 SEEM TO HAVE GONE INCORRECT.


BEFORE BUDGET MARKET WILL REMAIN RANGE BOUND FROM 5400 TO 5600 AND POST BUDGET MARKETS WILL TAKE NEW COURSE OF ACTION. BREAK DOWN IS CLEARLY SEEN TO 5000 LEVELS AND ONE SHOULD PREPARE HIS STRATEGIES KEEPING THE BROAD PICTURE IN MIND AND NOT FOR A VERY SHORT PERIOD. BROADLY SPEAKING THERE WILL BE MORE WEAKNESS IN THE MONTH TO COME HENCE ONE SHOULD NOT BUY OR BUILD PORTFOLIO IN A HURRY AT THESE LEVELS RATHER WAIT FOR A DEEP CRACK TO CHERRY PICK THE STOCKS.


TODAY MARKETS SHALL REMAIN IN A RANGE 5400 TO 5550. BUYING CE ON THE LOWER SIDE 5400 AND BUYING PE ON THE HIGHER SIDE 5550 SHALL BE GOOD TO PLAY WITH.


FOLLOWING STOCK SHALL REMAIN IN ACTION TODAY:


1. CONCOR (1102.95): STOCK MAY SEE SOME ACTION DUE TO RAILWAY BUDGET.  LOOK FOR RISE TILL 1150-60


2. JET AIRWAYS(435): STOCK MAY SEE SELLING PRESSURE KEEP STOP LOSS OF 455 FOR A TARGET OF 400(A SHORT CALL)


3. EDUCOMP(488): STOCK MAY SEE SELLING PRESSURE KEEP STOP LOSS OF 510 FOR A TARGET OF 450(A SHORT CALL)


4. ASIAN PAINTS(2510): STOCK MAY SEE SELLING PRESSURE KEEP STOP LOSS OF 2580 FOR A TARGET OF 2380 (A SHORT CALL)

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 22ND FEBRUARY 2011

NIFTY MANAGED TO CLOSE ABOVE 5500 AFTER THE LATE RECOVERY TODAY. NIFTY AS EXPECTED SHALL CLOSE ABOVE 5550 VERY SOON. 


SETTLEMENT COULD BE AROUND 5600. HENCE BUYING CALL OF 5500 FOR FEBRUARY SERIES SHALL BE GOOD TO MAKE SMART SPECULATIVE GAINS. 


TODAY RELIANCE SHALL BE IN THE FOCUS DUE TO ITS DEAL WITH THE B.P. STOCK SHALL SHOW MOVE PAST 1000++ VERY SOON.


NIFTY RANGE FOR THE DAY SHALL BE 5620-5500. FOLLOWING STOCKS SHOULD BE WATCHED OUT FOR INTRA DAY AS WELL AS FOR NEXT 2-3 DAYS.


BPCL(589.50) STOCK SHALL MOVE ABOVE 600 SOON ON SOME VALUATION UP-GRADATIONS.


RELIANCE INDUSTRIES(954.65): STOCK SHALL MOVE PAST 1000 TO 1030 SOON DUE B.P DEAL( NOTE:  NO BIG MOVE SHALL COME AGAINST THE MARKET TREND).


SBI(2791.85): STOCK SHALL CAN MOVE TO 2900 VERY SOON. WATCH OUT THE STOCK TILL SETTLEMENT DATE.


PRAKASH INDUATRIES( 80.95): THIS STOCK SHALL MOVE ABOVE 90-95 VERY SOON. KEEP THIS STOCK IN BUYING LIST ON EVERY FALL. LONG TERM TARGET IS 500++


TATACHEMICAL(337.35): THE STOCK COULD MOVE TO 350+++ LEVELS. KEEP THE STOP LOSS OF 330 FOR TRADING


BHARAT BIJLEE(944.60): BUYING COULD BE DONE IN THIS STOCK FOR THE BUDGET SPECIAL VIEW FOR THE VERY SHORT TERM TARGET OF 1000+++

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 THE WEEK 21ST FEB 2011 TO 25TH FEB 2011

LAST WEEK WE HAVE RECOMMENDED THAT NIFTY SETTLEMENT SHALL TAKE PLACE AROUND 5600 ON 24TH FEBRUARY, THE VIEW REMAINS INTACT.


ANY CLOSE ABOVE 5635 FOR MORE THAN 2-3 TRADING SESSIONS WILL TAKE NIFTY TO 5680 & 5790, HOWEVER CHANCES OF THIS UPMOVE IS LESS DUE TO BUDGET & GLOBAL MARKET AT HIGHS ALONG WITH COMMODITIES. TO BE SPECIFIC MARKET WAITING FOR NEW TRIGGER WHICH SHALL COME WITH THE BUDGET. ANY THING ADVERSE IN THE BUDGET SHALL PLUNG THE MARKET TO THE LOWEST EBB AROUND 5178  VERY SOON. HENCE MARKET SHALL BE IN THE RANGE TILL BUDGET AND THEREAFTER IT SHALL START DECLINING ON THE FACTORS LIKE GLOBAL MARKET SELL-OFF, FUND FLOW OUT,  DOMESTIC SITUATION IN POLITICS AND THE ECONOMIC DATAs.


INDIAN MARKET MAY SHOW MUCH WEAKNESS IN DAYS TO COME GIVING VERY GOOD OPPORTUNITY TO ENTER  AT THE LOWER LEVELS. HENCE WAIT TO BUY SHALL BE THE BEST FOR THE TIME BEING. BUYING SHOULD START FROM 5000 LEVELS TO 4600 LEVELS WITH MEDIUM TO LONG TERM VIEW.


FOR THOSE WHO WANT TO PLAY AGGRESSIVE,  BUYING PE 5600, PE5500, PE5400, PE5300, PE5200 ON EVERY RISE IN NIFTY TILL 5650( CLOSING BASIS) FOR THE MARCH SERIES SHALL BE THE GOOD STRATEGY INSTEAD OF GOING SHORT IN INDEX. BUYING PUTS WILL ALSO BE HELPFUL AS HEDGING AGAINST THE PORTFOLIO.


HENCE IN ESSENCE THIS MARKET IS IN THE NO TRADE ZONE AND ONE SHOULD BE CAUTIOUS WHILE INVESTING AND BUY PUTs ON EVERY RISE TILL 5650( CLOSING FOR MORE THAN 2-3 TRADING SESSIONS).

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 FEBRUARY 2011

5600 5600 5600 5600 5600 5600 5600 5600 5600 5600

NIFTY FUTURE SETTLEMENT ON 24TH FEBRUARY WILL TAKE PLACE AT 5600

NOTE IN ADVANCE 5600 HENCE ONE CAN BUY CE5500 (FEB) AROUND 60-70 TO SELL AT 100 ON SETTLEMENT DAY


THE NEXT COURSE OF MARKET IN THE MARCH SERIES WILL BE DECIDED BY THE PREMIUM  ON NIFTY AND THE ROLLOVER OF STOCKS TO MARCH SERIES. 


IT IS RECOMMENDED THAT NO LONG POSITION SHOULD BE ROLLED OVER TO THE NEXT SERIES INSTEAD SIT ON CASH AND BUY 'PUTS' BUY PE5600, PE5500, PE5400, PE5300, PE5200 OF MARCH SERIES FOR HUGE GAINS. MARKET MAY GIVE VERY GOOD OPPORTUNITY TO BUY STOCKS IN CASH AT THE LOWER LEVELS.


BANKS & FINANCIALS  LIKE SBI, HDFCBANK, HDFC, BANK BARODA ARE  GOOD TILL BUDGET HENCE THEY COULD BE TRADED WITH POSITIVE BIAS.


FOLLOWING STOCKS SHOULD BE CONSIDERED TODAY FOR TRADING FOR NEXT 3-4 DAYS ( VERY SHORT TERM DELIVERY TILL BUDGET):


1. BPCL(615.40): SOME UPWARD PRICE ACTION WILL BE SEEN DUE SUBSIDY BURDEN CHANAGES MAY BENEFIT IT. SHORT TERM TARGET 650+++


2. HDFCBANK(2185.90): KEEPING THE STOP LOSS OF 2100 & TARGET OF 2300 FOR SHORT TERM.


3. HEXAWARE(113.55): SOME UPWARD PRICE ACTION WILL BE SEEN DUE TO STRONG NUMBERS. SHORT TERM TARGET 125+++


4. IDFC(146.65): KEEPING THE STOP LOSS OF 134 & TARGET OF 152-55 FOR SHORT TERM.


5. SPICE JET(48.40): SOME UPWARD PRICE ACTION WILL BE SEEN. SHORT TERM TARGET 52-56

MARKET VIEW FOR 17TH FEBRUARY 2011

NIFTY MANAGED TO RECOVER EVERY TIME IT DIPPED AND REMAINED IN A NARROW RANGE OF 50 POINTS.HOWEVER NIFTY CLOSED FLAT WITH SOME MILDLY POSITIVE BIAS.


POSITIVE GLOBAL CUES AND FRESH LONG IN NIFTY FUTURES SHALL MAKE THE NIFTY SLIGHTLY POSITIVE TO TOUCH 5550-5600 IN THE SHORT TERM BEFORE  EXPIRY ON 24TH FEBRUARY. EXPIRY MAY TAKE PLACE ABOVE 5400 BUT BELOW 5600 HENCE ONE CAN MANAGE THE OPTIONS ACCORDINGLY.


FOLLOWING STOCKS SHOULD BE WATCHED TODAY FOR TRADING AND INVESTMENT OBJECTIVES:


1. INDUSIND BANK(224.15) MAY SEE SOME BULLISH UP MOVE SOON. GOOD TO BUY FOR MEDIUM TERM DELIVERY


2. GARDEN SILK (101.15) GOOD TO BUY FOR MEDIUM & LONG TERM  TERM DELIVERY FOR THE TARGET OF 300++++


3. HDFC(629.00): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 640 WITH A STOPLOSS OF 623


4. PRAJ IND(71.90): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 82-84 WITH A STOPLOSS OF 68


5. GLOBUS SPIRIT(132.00): GOOD TO BUY FOR MEDIUM & LONG TERM  TERM DELIVERY FOR THE TARGET OF 250++++


6. ZEE LERN(21.25): MAY SEE SOME BULLISH UP MOVE SOON. GOOD TO BUY FOR MEDIUM TERM DELIVERY


7. JINDAL SAW(210): BUY FOR THE TRADING PURPOSE. STOCK COULD MOVE UP TO 212-217 WITH A STOPLOSS OF 200

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 16TH FEBRUARY 2011

5500 WAS RESISTANCE AFTER  SPECTACULAR  RECOVERY FROM THE LOWS OF 5397 TO CLOSE AT 5481 UP 25 POINTS FROM THE PREVIOUS  DAY 'S CLOSING WITH SOME BUYING IN CASH AND SHORT COVERING BY BIG FIIs AHEAD OF BUDGET & SETTLEMENT. HOWEVER IT SHOULD BE KEPT IN THE MIND THAT CURRENT UP MOVE IS NOT A RALLY TO CROSS THE PREVIOUS HIGHS BUT A CORRECTIVE RALLY TO THE RECENT FALL, WHICH ,MAY END AT ANY POINT OF TIME AND THE MARKET MAY RESUME ITS SOUTH WARD JOURNEY.


THOUGH UP SIDE IS CAPPED AT 5600-5650 ( 200 DMA) MARKET MAY REMAIN IN THE RANGE 5400-5600 FOR SOME TIME BEFORE ANY FRESH MOVE ON EITHER SIDE.LOT OF ACTION WILL BE SEEN ON THE CASH SIDE & MIDCAPS RATHER THAN NIFTY OR SENSEX STOCKS. HENCE ITS NO TRADE ZONE FOR NIFTY OR SENSEX MOVEMENTS BUT ACTION PACKED TRADING IN OUT OF INDEX STOCKS. FOR INVESTMENT PURPOSES ONE SHOULD SIT IDLE AND HOLD CASH.ANY ATTEMPT TO TRADE  SHALL RESULT IN LOSS DUE TO VOLATILITY. 


THOSE VERY MUCH INTERESTED IN TRADING SHOULD BUY & ACCUMULATE  PUTs ON EVERY RISE IN NIFTY FOR MARCH SERIES ( SAY PE5600, PE5500,PE5400) SO AS TO GAIN ON A FALL AFTER BUDGET.


FOLLOWING STOCKS SHOULD BE WATCHED FOR TODAY FOR ACTION:


ANDHRA BANK(148.80) ACTION WILL BE SEEN ON THE UPSIDE & STOCK MAY REACH 155-160 SOON


KOATK BANK(411)ACTION WILL BE SEEN ON THE UPSIDE & STOCK MAY REACH 425-430-440++ SOON. KEEP SL OF 395 FOR TARDING PURPOSES.


STRIDE ARCOLAB(379.05) ACTION WILL BE SEEN ON THE UPSIDE & STOCK MAY REACH 390-400 SOON.


BANK OF INDIA(444.05)ACTION WILL BE SEEN ON THE UPSIDE & STOCK MAY REACH 455-70 SOON.KEEP SL OF 425 FOR TARDING PURPOSES.

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 15TH FEBRUARY 2011

AS EXPECTED  IN NIFTY( BOUNCE TO 5420) IT MOVED BEYOND THAT IN A VERY SHORT SPAN OF TIME DUE TO SHORT COVERING AND BUYING IN CASH BY INSTITIONS. THE RALLY AS SAID ON FRIDAY 11TH FEBRUARY, STARTED AFTER THE IIP DATA FROM THE LOWS OF 5178 ( AGAINST THE EXPECTATION OF 5150) MOVED AROUND 280 POINTS TO 5456. NIFTY AFTER TWO DAYS OF STRONG UP MOVE SHALL GO FOR  CONSOLIDATION AND THE RANGE FOR TODAY SHALL BE 5410 TO 5490.


MARKET MAY WITNESS MORE UPSIDE,  HOWEVER IT IS CAPPED AT 5600, BEYOND WHICH IT MAY NOT CROSS IN HURRY, WITHOUT CONSOLIDATION.  ALSO GOING TO THE BUDGET THE MARKET MAY CONSOLIDATE BEFORE MAKING THE DIRECTION TO THE EITHER SIDE.


GOING TO THE BUDGET THE MARKET MAY WITNESS HUGE FII SELLING DUE TO FALL IN AMERICAN & EUROPEAN INDICES. NOTE THAT THE FALL IN INDIAN MARKET WILL NOW BE DUE TO GLOBAL RISK AVERSION AND SELL-OFF IN AMERICA. HENCE KEEP EYE ON AMERICA AND DEVELOPMENTS THERE. 


FOLLOWING STOCKS SHOULD BE WATCHED IN LIGHT OF RESULTS AND OTHER DEVELOPMENTS:


TATASTEEL(620) MAY BE SOME UPSIDE PRICE ACTION TO 630-40  SEEN.


SBI(2692) MAY BE SOME UPSIDE PRICE ACTION TO 2720-40 SEEN


IRB INFRA(177) MAY BE SOME UPSIDE PRICE ACTION TO 185 SEEN


VIP INDUSTRIES(531) MAY BE SOME UPSIDE PRICE ACTION TO 580 SEEN


BUY NIFTY 5600 PE ( MAR) & 5400 PE (FEB). & HOLD FOR FEB EXPIRY.

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.

UPDATED REPORT FOR YOU ALL. & MARKET VIEW FOR THE WEEK 14TH FEB TO 18TH FEB 2011

This is the Part-I of the Report:

Kindly note that the time to get exciting returns and short term gains from the market is now a bit late. One should wait at least another 5-6 months for recovery to take place but before that market will give much pain in the short term. FIIs have sold only 1.5 billion dollars of the total investments of 25 billion in equities in India.

Wait there will be huge selling by the Hedge Funds also that may result in more falls and that may bring Nifty to 4500-4600 level / Sensex to 15500-16000. Thereafter if the broad parameters of the economy, like interest rate, inflation , etc improve (say in April-May) market may re-evaluate the levels and decide the next move. But in the short term there will be decline to the above level. Hence on should invest in a staggered manner without keeping the leveraged position and keeping little cash also. Note that the levels mentioned below are not technical but for indication that the stock may fall to the levels which should be used to buy. Hence avoid buying at this time for investments and refrain from indulging in short term trades.

Any time from late March or April 2011 markets will stabilize after the annual results and other macro-economic developments and it may again start moving up gradually from July-December 2011 and give good returns to those who have bought the best pick.

Following  is the List of Shares for which the Target are being PROJECTED when Sensex falls to 16700-16300-16000-15800-15500 & Nifty fall to 5100-5000-4800-4600-4500. 

Note:THESE ARE ONLY A INDICATIVE PRICE(S) AND NOT ANY TARGETS, which may or may not be reached. Hence use your knowledge, skill, wisdom prudence and advice of your Financial Advisor before acting on this information

NIFTY STOCKS:

       RELIANCE     T-890-850-810-780

       TATA STEEL   T-580-520-470

       BHEL         T-1980-1860-1600

       ONGC         T-260-220-200

       TCS          T-940-800-680

       LT           T-1480-1300-1080

       HINDALCO     T-205-188-166

       HINDUNILEVR  T-250-230-215

       ITC          T-140-122-105

       INFOSYS      T-2890-2700-2500

        SBI          T-2400-2230-1980 

 KOTAK BANK   T-340-310-280-220

   AXIS BANK    T-1150-1030-880-700

  HDFC BANK    T-1980-1870-1740-1620

1 HERO HONDA T-1380-1300-1220-1140

  RANBAXY  T-480-440-410-350-300-280

  TATA MOTORS  T-1080-1000-880-700

   BAJAJ AUTO   T-1200-1120-1040-960

   SAIL         T-160-145-130-125

   ACC          T-900-820-730-660

  CAIRN        T-300-280-250-230

 STERLITE     T-140-120-105

 IDFC         T-120-100-90

  RCOM         T-90-75-60-48

  RELINFRA T-550-510-460-410-370-290

 RELCAPITAL T-400-360-320-280-220

 JP ASSOCIATE T-75-66-58-50-41-36

 RPOWER       T-110-100-90-82

 SUZLON       T-40-36-30-26

 PNB    T-1000-940-900-820-780

  BPCL    T-500-460-420

  DRREDDY T-1400-1310-1200-1040-920

 TCS   T-1020-950-875-700-650

 CIPLA     T-280-220-170

 BHARTI AIRTEL   T- 300-250-220

  AMBUJA T-105-100-92-80

  GAIL  T-400-350-300

 HCL TECH T-400-320-280

 SUN PHARMA T- 390-370-330-280-250

 HDFC  T-580-550-500-470-440-400

MIDCAP SHARES:

  PETRONET LNG     T-100-90-82

           MPHASIS      T-600-540-500-460-380

  WELSPUN CORP T-140-122-105

  ASHOK LEYLAND T-42-36-28

 INDIAN BANK  T-188-160-130-120

  NAGAR CONS T-90-81-77-70-66-50-44

 IDBI       T-120-110-100-90-82

         SYNDICATE BANK T-95-90-84-80-70

  ALLAHABAD BANK T-180-166-144

 LUPIN  T-360-330-300-280-240-200

 PRAJ IND T-60-54-48-44-38

 SINTEX IND  T-120-110-90

  TITAN    T-2880-2600-2400

 PIRAMAL HEALTH T-400-320-280-240

 TATA GLOBAL   T-80-72-66

  EDUCOMP    T-360-320-280-240

 AURO PHARM T-1080-1000-920-880-700

 BAJAJ HIND    T-66-60-54-50-44

 PUNJ LYOD T-66-60-56-52-46-42

 GVK PIL    T-22-20-18-16-14

WE WILL ISSUE A SPECIAL REPORT-II BY THE END OF THIS WEEK, WHICH WILL DECLARE THE BEST PICK OF 15-20 STOCKS THAT ARE MULTIBAGGER IN YEARS TO COME.

Email your Id and Name to vikas198012003@yahoo.co.in or sms at 09235656797

 IN THIS WEEK MARKET SHALL BE IN THE RANGE OF 5200-5400 IN THE FIRST 2-3 DAYS AND THEN IF THE 5400-5420-70 IS TAKEN OUT THEN HIGHER MARK MAY BE SEEN BUT NOT EXCEEDING 5600. HENCE ANY LEVEL AROUND 5400 SHOULD BE USED TO EXIT THE LONG POSITION AND CREATE SHORT POSITION OR BUY NIFTY PUTs. 

TATA STEEL, BANKS LIKE ICICIBANK, SBI ETC SHOULD BE SHORTED ( MARCH FUTURES) ON THE HIGHER LEVELS TO COVER LATER IN THE MARCH

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.