Sunday, April 10, 2011

MARKET VIEW FOR THE WEEK 11TH APRIL 2011 TO 15TH APRIL 2011

MARKET CORRECTED ON FRIDAY CLOSING NIFTY TO 5842 & SENSEX TO 19451.45 DUE TO CRUDE OIL SUSTAINING THE $125. ANALYSTS BELIEVE THAT CRUDE SUSTAINING AT THESE LEVELS FOR QUITE SOME TIME MAY BRING THE MARKET DOWN TO 5400-5500.


HOWEVER THE CURRENT FALL IS ON EXPECTED LINES AND COULD SEE NIFTY TOUCHING TO 5780-5750 AS MENTIONED SOME DAYS BACK. NOW ITS IMPORTANT TO SEE THAT WHETHER THE MARKET RISES BACK AFTER NORMAL CORRECTION, FROM 5750 LEVELS OR STARTS TAKING MORE DEEPER CUT TO 5550-5600. 


FOR THOSE WHO HAVE CASH IN HAND SHALL WAIT FOR 5750-5780 AND START BUYING/INVESTING FROM THESE LEVELS.


FOLLOWING SHARES ARE GOOD TO BUY FOR DELIVERY IN THE SHORT TERM:


1. Suraj Diamond


2. SKumar


3. Tinplate


4. Kajaria


5. Fedders LLyod


6.Orchid 


7. MLL


8. Canfin Home



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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