Tuesday, February 8, 2011

BROAD MARKET OUTLOOK FOR 7TH FEB TO 17TH FEB 2011

NOTE NOTE NOTE:  A DETAILED REPORT ON STOCKS READY TO COLLAPSE OR CRASH SIGNIFICANTLY WILL BE MENTIONED HERE BY TOMORROW. THOSE WISHING TO GET A PERSONAL COPY SHOULD MAIL AT vikas198012003@yahoo.co.in  or SMS   REPORT & NAME  ON 9235656797 ALONG WITH EMAIL ID.(Must for every trader & investor)


NIFTY & SENSEX BOTH TRADING IN A NARROW RANGE TAKING SUPPORT AROUND 5370-5400 & 17926-18000. TECHNICALLY THERE ARE CLUSTER OF SUPPORTS IN NIFTY & SENSEX. BROADLY SUPPORT EXISTS AROUND 5330/17900. ANY FALL BELOW THIS WILL LEAD 400-600 FALL IN SENSEX AND 200-250 FALL IN NIFTY.


HOWEVER THERE ARE STRONG CHANCES THAT NIFTY WILL BOUNCE BACK IN SHORT TERM ABOVE 5450 & 18400 TO 5555-5600-5700 OR 18700-19100. IT IS IMPORTANT TO NOTE THAT MARKET IS IN DOWN TREND AND ANY BOUNCE BACK, BIG OR SMALL WILL BE SOLD OUT AND INDICES WILL GRADUALLY DRIFT LOWER AND LOWER TO 5000-4800-4600 IN NIFTY & 17200-16700-16100 IN SENSEX. HENCE THE BROAD STRATEGY SHOULD BE TO SHORT NIFTY FUTURE OR NIFTY CALLS OR BUY PUTS ON EVERY RISE TO MAKE FAST MONEY.


FOLLOWING STOCKS SHOULD SEE ACTION TODAY ON 8TH FEBRUARY 2011


EXIDE INDUSTRIES  (131) MAY SEE UPWARD PRICE ACTION, IF THE MARKET REMAINS POSITIVE.
BGR ENERGY (541.30) MAY SEE UPWARD PRICE ACTION, IF THE MARKET REMAINS POSITIVE.
PETRONET LNG(129.70) MAY SEE UPWARD PRICE ACTION, IF THE MARKET REMAINS POSITIVE.
ITC (156.95) MAY SEE DOWNWARD PRICE ACTION TO 148 IF THE MARKET REMAINS NEGATIVE.


ON THE NEGATIVE SIDE:


ALL MAJOR BANKS LIKE SBI, ICICIBANK, PNB, AXIS BANK, HDFCBANK ARE WEAK AND WILL LEAD A FALL IN NIFTY TO 5100 & LOWER VERY SOON.


ALL PHARMA STOCKS LIKE LUPIN, CIPLA DR REDDY, RANBAXY WILL ALSO FALL IN A SIGNIFICANT WAY IN A FALL IN NIFTY TO 5100 & LOWER VERY SOON.


AUTO STOCKS LIKE BAJAJ AUTO, TATAMOTORS, MARUTI, M&M, HERO HONDA ARE WEAK AND WILL LEAD A FALL IN NIFTY TO 5100 & LOWER VERY SOON.


FMCG STOCKS LIKE HUL, ITC, ETC RE WEAK AND WILL LEAD A FALL IN NIFTY TO 5100 & LOWER VERY SOON.


NOTE NOTE NOTE:  A DETAILED REPORT ON STOCKS READY TO COLLAPSE OR FALL SIGNIFICANTLY WILL BE MENTIONED HERE BY TOMORROW. THOSE WISHING TO GET A PERSONAL COPY SHOULD MAIL AT vikas198012003@yahoo.co.in  or SMS   REPORT & NAME  ON 9235656797 ALONG WITH EMAIL ID.(Must for every trader & investor)



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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