MARKET VIEW FOR 31ST MAY 2011

LACKLUSTER MARKETS CONSOLIDATING IN A SMALL RANGE AFTER THE TWO SESSIONS' MOVE FROM THE LOWS SHOWS THAT MARKET IS PAUSED TO TAKE A BREADTH.
NOW AGAIN EXPECTING THE MARKETS TO CONSOLIDATE IN THE BROAD RANGE OF 5200-5600,HUGE VOLATILITY SHALL BE SEEN GOING FORWARD. NIFTY MAY BE DIRECTION LESS WITH NEGATIVE BIAS, HOWEVER THE STOCK SPECIFIC ACTION TO CONTINUE.


THE FOLLOWING SCRIPTS HAVE BEEN IDENTIFIED FOR A MONTH VIEW OF HOLDING:


VISAKA IND(509055 CMP:101.50) TARGET 125-130


SUJANA TOWER(532887 CMP:33.40) TARGET 60-65


TAJ GVK (532390 CMP:101.40) TARGET 120-130


ORCHID CHEM(524372 CMP:287.40) TARGET 298-305+++( LONG TERM BUYERS LAST OPPORTUNITY TO BUY-AS THE STOCK IS MULTIBAGGER. TARGET 500++ IN 12-18 MONTHS)


MUTHOOT FINANCE(533398 CMP:175.30): TARGET 190-195


MANAPPURAM GEN FIN(531213 CMP:112.15): TARGET 125-130


LUPIN(500257 CMP:451.20): TARGET 480-500


RALLIS(500355 CMP:1385.00): TARGET 1400-1480-1530-1600-1650-1770++ BY NEXT 45-60 DAYS. VERY GOOD STOCK. BUY BUY BUY++++++++VE FOR THIS

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.

WEEKLY MARKET OUT LOOK 30TH MAY 2011 TO 3RD JUNE 2011

MARKET OUTLOOK:FOR THE MONTH OF MAY TILL LAST FRIDAY, UNABATED SELLING BY FIIs(total MTD outflow of Rs.66.7 bn)HAS LEAD TO DECLINE IN NIFTY BY 4.8%. THE DECLINE WAS MAINLY DUE TO UNFAVORABLE MACRO FACTORS SUCH AS HIGH CRUDE OIL PRICES LEADING TO BALLOONING OF GOVERNMENT DEFICIT BILL AND INTEREST RATE HIKE BY RBI TO DOUSE HIGH INFLATION, WHICH MAY PUT BREAK ON THE PACE OF ECONOMIC GROWTH.THIS COUPLED WITH THE WHITEWASH OF DMK PARTY IN TAMIL NADU ELECTION AND ARREST OF KEY MEMBERS OF THE PARTY LEAD TO THE SPREAD OF FEAR THAT DMK MAY REMOVE SUPPORT AT THE CENTRE, WHICH MAY HAVE LEAD TO FALL OF GOVERNMENT. ALTHOUGH MARKET HAS SHOWN A BIT OF RECOVERY DURING THE TAIL END OF THE WEEK, ANALYSTS BELIEVE THAT THE OVERHANG OF THE MACRO HEADWINDS WILL CONTINUE TO REMAIN.GOVERNMENT IS EXPECTED TO HIKE PRICES OF DIESEL, KEROSENE AND LPG IN THE MONTH OF JUNE(EGoM MEETING ON 9TH JUNE) WHICH MAY FURTHER FUEL THE INFLATION RATE. IN ADDITION, ONGOING SCAM INVESTIGATION AND INDEFINITE DELAY IN KEY REFORMS(NOTE:THERE MAY BE A MEETING OF VARIOUS MINISTRIES IN JUNE ON KEY ECONOMIC REFORMS--- ANY MAJOR NEWS FLOW MAY COME SOON)  WILL FORCE INSTITUTIONAL INVESTORS TO REMAIN NERVOUS AND FOLLOW WAIT AND WATCH POLICY. FOR THIS WEEK, WITH GDP AND EXPORT IMPORT DATA ON THE CARDS, RETAIL INVESTORS SHOULD REMAIN CONFINED TO QUALITY STOCKS. THE NIFTY WILL FINS SUPPORT AT 5425 & 5350 AND WILL FIND RESISTANCE AT 5540 & 5600.


TECHNICALLY SPEAKING THERE IS A BULLISH HAMMER FORMATION IN THE NIFTY AND A DRAGON FLY DOJI IN THE SENSEX. THESE PATTERN SUGGEST A PRICE REVERSAL IN THE VERY SHORT TERM TIME FRAME. BUT THE QUESTION IS 


"WILL IT REVERSE THE TREND?" 
"WILL IT REVERSE THE TREND?"


FOR THE INTERMEDIATE TREND TO REVERSE,THE MARKET HAS TO CLOSE ABOVE SENSEX:19040 & NIFTY 5710 


AND 


THE LONG TERM TREND REVERSAL WILL HAPPEN ONLY IF THE MARKET CONTINUES TO STAY ABOVE SENSEX:19670 & NIFTY:5905


HENCE OBVIOUSLY TILL THE ABOVE LEVELS MINOR PRICE REVERSALS WILL BE TERMED AS PULL BACKS AND NOT TREND REVERSALS. THE PULL BACK LEVELS ARE PLACED AT 18560-18800-19040 FOR THE SENSEX AND AT 5564-5640-5710 FOR THE NIFTY.


THE MARKET IS WELL BELOW THE LONG TERM AVERAGE i.e 200DMA (SENSEX 19170, NIFTY 5754), MDEIUM TERM AVERAGE OF 50 DMA (SENSEX:18785 NIFTY:5640) AND SHORT TERM AVERAGE OF 20DMA (SENSEX:18340 NIFTY:5495) AS A RESULT,ALL THE THREE TRENDS THE SHORT TERM,THE MEDIUM TERM, AND THE LONG TERM TREND ARE DOWN. HENCE BOTH THE INDICES ARE BELOW 20DMA AND A SHORT TERM TREND REVERSAL WILL BE IN PLACE IF THE PRICES MANAGE A CLOSE ABOVE THE 20DMA, HENCE AS A RESULT, THEY WILL ACT AS A GOOD RESISTANCE GOING FORWARD.


FOLLOWING STOCKS ARE GOOD TO BUY FOR VERY SHORT/MEDIUM TERM:
RELIANCE(949.00): TARGET 970-80
BATA(460.00): TARGET 470-80
BEML(650.85): TARGET 670-80
YES BANK(296.20): TARGET 310-15
ITC(189.10): TARGET 198-205
CAMLIN(80.00): TARGET 88-90
INDIA INFO(77.00): TARGET 81-84


DELIVERY FOR MEDIUM TERM:
INGERSOLL RAND: BUY BUY BUY
KEC INTERNATIONAL: BUY BUY BUY
BGR ENERGY: BUY BUY BUY
SKUMAR NATION: BUY BUY BUY
TIMKEN:
PIPVAV SHIPYARD:
PIRAMAL GLASS:
ORCHID CHEMICAL:
M&M FINANCE:
V-GUARD:
VIP INDUSTRIES:
ARVIND:
SURAJ DIAMOND:

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 27TH MAY 2011

AGAINST EXPECTATION AND PUNTER'S INFORMATION, NIFTY SETTLED ABOVE 5400,TURING ALL NIFTY STRATEGY FAILED TO PRODUCE PROFITS AND INCURRED LOSSES.HOWEVER ITS VERY IMPORTANT TO NOTE THAT THE RALLY YESTERDAY WAS MAINLY DUE TO SHORT COVERING IN THE MAY SERIES.
GOING FORWARD,NIFTY NEED TO CROSS ABOVE 5420-30,BEYOND WHICH IT MAY TOUCH 5520 AND IF IT CROSSES 5550 THEN THERE WILL BE INTERIM UP TREND UNDER MAIN DOWN TREND.


IN JUNE SERIES MARKETS MAY BE RANGE BOUND AND NIFTY SHALL CONSOLIDATE BETWEEN 5200-5600. NIFTY IF FAILS TO HOLD 5350 SHALL SLIP TO 5250-5200 IN THE SHORT TERM.


FOLLOWING STOCKS LOOK GOOD TO ACCUMULATE IF NIFTY TESTS 5200-5250:


SKUMAR
TIMKEN
INGERSOLL RAND
ARVIND
SAINT GOBAIN
SRIRAM TRANSPORT FIN
ORCHID 
CAMLIN


& OTHER COUNTERS WHICH HAVE BEEN SUGGESTED EARLIER.


HAPPY TRADING & ENJOY PROFITS & PEACE.

MARKET VIEW FOR 26TH MAY SETTLEMENT DAY

TODAY,BEING THE SETTLEMENT DAY, WILL BE AN ACTION PACKED LAST DAY OF THE MAY SERIES.A PUNTER HAS  SUGGESTED THAT NIFTY SETTLEMENT MAY TAKE PLACE AT 5300 OR BELOW 5300. HENCE THERE WILL BE AN OPPORTUNITY FOR SPECULATORS TO SHORT CE5300 (MAY SERIES)@40-48 RUPEES. AS NIFTY HAS CLOSED AT 5348.95


ONE CAN EARN HUGE SUM IN SPECULATION IF THE BEST STRATEGY IS SELECTED:


STRATEGY 1(GOOD):SHORT NIFTY MAY SERIES ON EVERY RISE AND KEEP ON COVERING SHORTS NEAR AND AT 5300.AS NIFTY WILL SETTLE AT 5300.KEEP STOP LOSS AS ABOVE 5404.


STRATEGY 2(BEST): SHORT CE5300(MAY SERIES)@50 OR BELOW AND KEEP ON SHORTING ON EVERY RISE. AS THE NIFTY WILL SETTLE AT 5300 OR BELOW THE CE 5300 WILL BECOME ZERO AT THE END OF THE DAY. NOTE: IN THIS STRATEGY THE RISK REMAINS FOR MOVE ABOVE 5404(WHICH IS VERY UNLIKELY). RISK OF Rs50/= WILL GIVE Rs.50/= PROFIT. AGAIN KEEP ON WATCHING THE NIFTY AND AS SOON AS IT GOES BELOW 5320 SHORT MORE CE5300, WITH MORE CONFIDENCE, AND AT THE END OF THE DAY IT WILL BECOME ZERO.


STRATEGY 3(SAFE): SHORT CE5400(MAY SERIES) AROUND Rs.8/= TO Rs.4/= AND LET THE CALL EXPIRE AT ZERO 


OR


SHORT CE5300(JUNE SERIES FOR INTRA-DAY ONLY)FOR Rs. 140/= TO Rs.130/= AND COVER THE SHORTS AT THE END OF THE DAY AT Rs.90/= TO Rs 100/=. KEEP 5404 AS STOP LOSS.


SIMILARLY ONE CAN FORM MANY OTHER STRATEGIES KEEPING AN IDEA THAT NIFTY WILL SETTLE AT OR BELOW 5300.KEEP STOP LOSS OF 5404 FOR ALL SHORTS.


THOSE WHO NEED HELP IN INTRA-DAY SPECULATION IN NIFTY OPTION GAME CAN BE IN TOUCH ON LINE AT MY YAHOO ID: vikas198012003@yahoo.co.in   or
call me on 09235656797 or 0933597722

MARKET VIEW FOR 25TH MAY 2011

NIFTY WAS DIRECTION-LESS FOR THE WHOLE DAY AND FINALLY SETTLED WITH MARGINAL GAINS,SHOWING RELUCTANCE TO MOVE UP AND SHOW BULLISHNESS AND TENDING MORE BEARISH.


NIFTY SETTLEMENT SHALL TAKE PLACE BELOW 5400.ANY THING IN THE RANGE OF 5350-5300 SHALL BE THE POINT FOR BUY IN OPTIONS IN JUNE MONTH SERIES.BUY NIFTY CALLS IN JUNE SERIES OF STRIKE PRICES CE5200, CE5300,CE5400,CE5500 FOR GAINS ON CORRECTIVE RALLY TILL 5600 AFTER THE INITIAL FALLS. ANY TIME FROM THE NEXT WEEK i.e AFTER 29TH MAY 2011 MARKETS SHALL SEE SOME DIRECTION, MOST PROBABLY UPWARDS TO 5700-5900 RANGE.


ASTROLOGICALLY: THE SOLAR ECLIPSE & LUNAR ECLIPSE SHALL CAUSE A GREAT DECEPTION.AS THE CURRENT PREVAILING TREND IS DOWN AND THERE PERSISTS AN EXTREME PESSIMISM IN THE MARKET FOR THE MEDIUM TERM THE DECEPTION SHALL BE "A SURPRISING UPSWING-CORRECTIVE RELATIVE" WHICH MAY TAKE NIFTY TO 5700-5900 IN JUNE.HOWEVER IT SHOULD BE CLEARLY NOTED THAT ANY SUCH RALLY WILL ALSO BE DECEPTIVE RALLY IF IT OCCURS, HENCE ONE SHOULD NOT CONCLUDE THAT BULL RUN HAS STARTED AND MARKETS WILL GO BEYOND 5900 IN THE SHORT RUN. MORE ASTROLOGICAL EVENTS WILL BE DISCUSSED AND DESCRIBED, ESPECIALLY ON ECLIPSE AND ITS EFFECTS.
THERE IS 30% CHANCE THAT I MAY GO WRONG.


BUY THE FOLLOWING STOCKS,IF ONE GETS IT DOWN SIDE:


ARVIND
SKUMAR
ORCHID
INGERSOLLRAND
AND MANY OTHER STOCKS SUGGESTED FROM TIME TO TIME IN PAST.

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. 

BROAD MARKET OUTLOOK AND MARKET VIEW FOR 24TH MAY 2011

THE TECHNICALS SUGGEST THAT MARKET IS EXTREMELY WEAK AND WILL CONTINUE TO REMAIN WEAK IF NIFTY DOESN'T START TRADING ABOVE 5600-5650.


NOW RBI CREDIT POLICY MEETING ON 17TH JUNE 2011 WILL DECIDE THE MEDIUM TERM FATE OF INDIAN MARKETS. ANALYSTS EXPECT THAT THERE COULD BE HIKE IN REPO, REVERSE REPO AND/OR CRR BY 25bps TO 50bps.HIKE WOULD COME IF INFLATION DOESN'T EASES IN MAY.THIS FEAR OF HIKE DUE TO PERSISTENT INFLATION HAS SPREAD THE PESSIMISM AMONG THE FIIs.ALSO MONSOON WILL PLAY VERY IMPORTANT ROLE IN THE MARKET SENTIMENT. 


DURING THE MARKET HOURS THERE WAS RUMOR THAT THE NORMAL MONSOON IS DELAYED BY A WEEK, MARKET WAS PANIC RIDDEN AND WITNESSED A HUGE SELLING AND SHORTING BY FIIs.FALL OF THE SIMILAR MAGNITUDE COULD ALSO BE SEEN LATER HOWEVER THERE WILL BE SHARP SHORT COVERING FROM TIME TO TIME.


THE BEST STRATEGY SHALL BE TO SHORT NIFTY OR BUY PE ON EVERY SHARP RECOVERY AND BUY CE ON ANY SHARP CUT TILL NIFTY REMAINS IN THE RANGE OF 5600-5200.


TECHNICALLY NIFTY(5386.55) IS WEAK BELOW 5372 TARGET 5350-5320-5290 AND STRONG ABOVE 5408 TARGET 5440-5460-5490.


ASTROLOGICALLY: TODAY ON 24TH MAY 2011.NIFTY MAY OPEN WEAK BUT RECOVERY IN THE LATER HALF OF THE DAY OR RECOVER FROM THE LOWS.HENCE BUYING IN THE MONEY CALL IN NIFTY, CE5300 & CE5400 MAY GIVE PROFITS DURING OR AT THE END OF THE DAY.


STRATEGY: BUYING CALLS IN NIFTY WILL BE GOOD IDEA IF NIFTY OPENS WITH GAP DOWN AND WITNESS SHARP CUT DURING THE DAY

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.

STOCKS TO LOOKOUT FOR BUY ON EVERY DECLINE FOR MEDIUM TERM

MARKET WORRIED ON THE CONCERNS OF DELAY IN MONSOON AND DEFAULT RISK IN THE GREECE WHICH MAY ALSO SPREAD TO PORTUGAL AND SPAIN CRACKED BELOW 5400 AND HEAVY SHORTING TAKING PLACE IN NIFTY AND STOCK FUTURES BY FIIs. 

IN THE SHORT TERM NIFTY MAY REMAIN WEAK TO TOUCH 5250-5200.HOWEVER BUYING IN NIFTY CALL(JUNE)AND SOME GOOD QUALITY STOCKS IN DELIVERY SHALL BE BENEFICIAL

BUY CE5200, CE5300, CE5400 & CE5500 OF JUNE SERIES IF NIFTY COMES TO THE RANGE OF 5250-5200.

FOLLOWING STOCKS LOOK GOOD TO BUY ON DIPS FOR MEDIUM TERM:

TIMKEN

PIPAVAV SHIPYARD

PIRAMAL GLASS

ORCHID CHEMICAL

INGERSOLL RAND

M&M FINANCE

V-GUARD

VIP INDUSTRIES

ARVIND

SKUMARSYNF

SAINT GOBAIN

PETRONET LNG

CAMLIN

SRENUJ & COMP

SURAJ DIAMOND

WEEKLY OUTLOOK 23RD MAY 2011 TO 27TH MAY 2011

AS MENTIONED,LAST WEEK MARKET ACTED ON THE SIMILAR PATTERN NIFTY BOUNCED BACK TILL 5520 BUT FINISHED LOWER AT 5486.35 ON ACCOUNT OF WEEK-END AND SHORTING AT THE HIGHER LEVELS.

SINCE THIS IS THE EXPIRY WEEK (F&O SETTLEMENT ON 26TH MAY)OPTION DATA SUGGEST THAT NIFTY MAY MAXIMUM RISE TILL 5590-95 BUT THERE WILL BE SHORTING/SELLING PRESSURE WHICH MAY BRING NIFTY TO SUB 5400 AND NIFTY MAY SETTLE BELOW 5400 AND EVEN TEST 5300-5315.

FUNDAMENTALLY AS MENTIONED EARLIER MARKET IS DRIFTING DOWN, HOWEVER THIS SHOULD BE KEPT IN THE MIND THAT MARKETS MAY NOT TAKE A TOLL IN THE SHORT TERM AS THERE ARE MANY OTHER FACTORS WHICH ARE LIKELY TO AFFECT AFTER THE EXPIRY.

GOOD MONSOON EXPECTATION, EASING OF INFLATION,GROWTH IN IIP, COOLING OF CRUDE PRICES BELOW $85 AND STARTING OF FIIs FLOW IN INDIA SHALL STOP THE FALL ON THE MARKETS AND NIFTY MAY RISE LEADING TO SHORT COVERING RALLY. HENCE THE BROAD RANGE OF THE MARKET FOR NEXT 45-60 DAYS SHALL BE 5900-5200. NOTE THE RANGE IN ADVANCE AS WE MAY SEE THAT THE HIGHER RANGE COULD ALSO BE SEEN ANY TIME SURPRISING ALL!!!!!!!!!!!!!!!!!!!!

ASTROLOGICALLY THE SOLAR & LUNAR ECLIPSE WILL GIVE BIRTH TO NEW S-CYCLE, WHERE IN RANGE OF THE NIFTY SHALL BE 5200-5900.

ASTROLOGICALLY: TRANSIT OF JUPITER IN ARIES, PROVED NEGATIVE FOR BANKING SECTOR, RAHU WILL TRANSIT FROM SAGITTARIUS TO SCORPIO IN JUNE FIRST WEEK MAY BRING UNEXPECTED MOVE FROM ONE WEEK PRIOR TO TRANSIT AND 3 WEEKS AFTER THE TRANSIT,BEYOND ANY ONE'S IMAGINATION IN A DECEPTIVE MANNER AND AGAINST THE TREND,IF THIS IS CONSIDERED TRUE THEN NIFTY SHOULD BE HEADING 5900 IN A DECEPTIVE MANNER.LOOK TO BUY CE5300,CE5400,CE5500&CE5600 OF JUNE SERIES ON ANY DECLINE IN THIS WEEK. 


MARKETS FROM THE NEXT WEEK 30TH MAY 2011, MAY FORM THE BOTTOM TO MAKE SOME UPMOVE. HENCE ONE SHOULD NOT BE TOO BEARISH IN THE MARKETS.


NOTE: FRESH LIST OF SHARES WILL BE MENTIONED TODAY AFTERNOON.

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 20TH MAY 2011

AFTER THREE DAYS OF FALL MARKET PAUSED AROUND 5400 AND CONSOLIDATED IN A NARROW RANGE 5450-5400 AND CLOSED IN GREEN. SENSEX GAINED 55 POINTS TO CLOSE AT 18141 AND NIFTY AT 5428, UP 7 POINTS. 


ANALYSTS BELIEVE THAT IF NIFTY MANAGES TO CLOSE ABOVE 5400 FOR TWO OR MORE TRADING SESSIONS THEN THERE COULD BE SHORT COVERING RALLY TO 5450-5480-5520. HENCE THERE COULD BE BUYING OPPORTUNITY IN NIFTY OPTIONS.


SPECULATORS AND RISK TRADERS COULD BUY NIFTY CALL: CE5400 & CE5500 FOR 2-3 DAYS CORRECTIVE RALLY AND KEEP 5380 AS A DEEP STOP LOSS.


BUY FOLLOWING SHARES FOR SHORT TERM GAINS:


ORCHID CHEMICALS COULD MOVE TO 330++ IN A SHORT TERM. BUY IN DELIVERY ONLY.


TIMKEN COULD MOVE TO 230++++.


CAMLIN IS A VERY GOOD BUY FOR THE TARGET OF 85++++ VERY SOON.


INGERSOLL RAND IS A DE-LISTING CANDIDATE WHICH COULD RUN TO 600++ ANY TIME BY NEXT FEW MONTHS.

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.

BROAD MARKET OUTLOOK AND MARKET VIEW FOR 19TH MAY 2011

DO EVERY ONE TRADING,INVESTING & PARTICIPATING IN THE MARKET KNOWS THE TRUTH OF THE ACTUAL SCENE AND THE PICTURE BEHIND THE SCREEN??? AND THE ANSWER IS AT MOST NONE!!!!


THE REASON IS SIMPLE. WE DON'T LOOK,LISTEN AND OBSERVE WHAT WE DON'T LIKE TO AND THAT MAKES A DIFFERENCE BETWEEN A COMMON INVESTOR AND AND AN INTELLIGENT AND INFORMED INVESTOR.SO LISTEN AND OBSERVE WHAT IS SUBTLE AND UNREVEALED.


FEW DAYS BACK WHEN THE PRICES OF THE COMMODITIES AND CRUDE WERE RISING EVERY ANALYST IN THE MEDIA PREDICTED AND PRAYED "NEGATIVE CORRELATION BETWEEN CRUDE AND INDIAN STOCK MARKET". BY GOOD LUCK THE PRICES COOLED DOWN BUT IT WAS MORE SHOCKING FOR INDIA. WHY????


NOW IT IS SAID THAT THE FALL IN THE CRUDE AND COMMODITIES IS LARGELY DUE TO EXPECTATION OF THE DEMAND SLOW DOWN IN U.S AND NOT BECAUSE OF UNWINDING OF THE LONG SPECULATIVE POSITIONS. WHAT DOES THIS MEAN FOR INDIA??????


ITS TOTALLY NEGATIVE FOR INDIA. THE REASON IS AGAIN VERY SIMPLE, IF THERE WILL BE SLOWDOWN IN GLOBAL DEMAND THERE COULD BE FEAR OF RISK AVERSION (consequently allocation of funds to equities will shrink, globally) AND DUE TO INTEREST RATE HIKE(and some more in offing)THERE WILL BE SLOWDOWN THE CREDIT OFF-TAKE,DELAY IN INFRASTRUCTURE PROJECTS,DEFERRAL IN CAPEX PLANS, AND RESULTING IN SHORTAGES IN SUPPLY SIDE ECONOMY. THIS MAY LEAD TO VICIOUS CIRCLE OF LOW SUPPLY AND HIGH INFLATION TRAP FOR INDIAN ECONOMY. 


OUR MINISTERS AND POLICYMAKERS SHOULD BE AWARE OF THIS AND THAT IS WHAT OUR MARKET IS ANTICIPATING AND TRYING TO PRICE-IN. INDIAN MARKETS ARE AT CROSS-ROADS 5350 STANDS FOR WIDE ACCLAIMED SUPPORT WHICH SHALL BE VITIATED ANY TIME SOON GIVING JOLT TO BULLS.


INDIA IS NOT ON GLOBAL FUND MANAGERS RADARS NOW,NO MORE AFTER THE RATE HIKE ON MAY 3RD. THIS WILL TAKE NIFTY TO 5100-4900 SOON.


AND NOW IF,............... AND  "IF" THERE IS ANOTHER RATE HIKE IN JUNE TO CONTROL THE INFLATION ON COST OF GROWTH, BE READY TO SEE THE COLLAPSE OF INDIAN MARKET............. NIFTY MAY FALL TO 4500-4400!!!!!!!!!  AND TO ADD NO SURPRISE THIS FALL WILL BE VERY PAINFUL & IT MAY NOT TAKE ANY TIME SOON TO COME OUT OF LONG CONSOLIDATION,SAY FROM JULY 2011 TO JANUARY 2012. ON THE OTHER HAND IF RBI AND POLICY MAKERS UNDERSTAND THIS AND SAY NO MORE RATE HIKES THIS WILL BE SIGN OF GREAT RELIEF FOR THE BULLS AND MARKET SHALL START THE UPWARD JOURNEY FROM JULY, AFTER THE Q1 RESULTS TO 5800-5900+++


HENCE THE COMING MONTH OF JUNE SHALL DECIDE THE DESTINY OF INDIAN STOCK MARKET AND EVERY PARTICIPANTS......




ASTROLOGICALLY: AS EXPLAINED EARLIER THE ASTROLOGICAL DOCTRINE OF ECLIPSE GIVES HOPE THAT ANY TIME AFTER JUNE THERE WILL BE AN UPSIDE JOURNEY IN NIFTY TO 5900++ LEVELS.




FOR TODAY NIFTY SHALL TAKE A PAUSE, IF THE GLOBAL CUES SUPPORT THE RANGE SHALL BE 5380-5520. STOCK SPECIFIC MOVE TO CONTINUE. 


STOCKS TO WATCH FOR INVESTMENT REMAINS THE SAME OLD MENTIONED SEVERAL TIMES. TO REPEAT SOME NAMES:


OBEROI REALITY


ORCHID CHEM


SRI RAM TRANSPORT FINANCE


SHALIMAR PAINTS


INGERSOLL RAND


CAMLIN


TIMKEN


PIRAMAL GLASS


ETC ETC 

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.A

MARKET VIEW FOR SHORT TERM & FOR 18TH MAY 2011

ALL VIEWERS & READERS OF THIS BLOG SHOULD READ THE FULL CONTENTS AND PREVIOUS POSTINGS TO GET THE COMPLETE IDEA AND PICTURE OF WHAT IS HAPPENING. AS SAID EARLIER THE MARKET IS POISED TO DRIFT DOWN AND DOWN BOTH CONCLUDED ASTROLOGICALLY AND FUNDAMENTALLY.


NIFTY MAY CRACK TO 4900-4800 & SENSEX TO 16000-15700 BY NEXT 3-4 WEEKS.THERE WILL BE INTENSE SELLING AND GRADUAL SHIFT DOWNWARDS BREAKING EVERY SUPPORT BY NEXT 3-4 WEEKS WITH SPIKES OF SHORT COVERING.


REMEMBER THE POSTING OF THE 12TH MAY WARNING FOR DECEPTIVE MOVE IN WEEKS TO COME. FOLLOWING IS THE EXTRACTS OF THE POSTING FOR YOUR REFERENCE:



CAUTION CAUTION CAUTION: A DECEPTIVE MARKET AHEAD.PARTIAL SOLAR ECLIPSE ON 1ST JUNE AND TOTAL LUNAR ECLIPSE ON 15TH JUNE ARE THE TWO MAJOR ASTROLOGICAL EVENTS WHICH SHALL CAUSE HUGE DECEPTIVE MOVE AND UNCERTAINTY IN THE STOCK AND COMMODITY MARKET,EFFECT OF WHICH SHALL START FROM AT LEAST 15 DAYS PRIOR TO IT AND SHALL END AFTER 15 DAYS.
JUPITER HAS TRANSITED TO ARIES ON 8TH MAY, RAHU HAS TRANSITED TO SCORPIO ON 6TH MAY, MARS ENTERED ARIES ON 3RD MAY, AND MERCURY TRANSITED ON 11TH MAY. CONJUNCTION OF MARS AND JUPITER IS BULLISH FOR THE MARKET HOWEVER SOLAR ECLIPSE IN TAURUS IS VERY POOR FOR THE MARKETS. 
NIFTY WILL SEE A HUGE VOLATILITY IN DAYS TO COME AND THE RANGE WILL BE 5200 TO 5750.THERE WILL BE DECEPTION IN THE MARKETS. IF THE MARKET IS POSITIVE THERE WILL BE SUDDEN CRACK DECEIVING THE BULLS AND VICE-VERSA. NO LARGE POSITION IS SUGGESTED ON EITHER SIDE.HOWEVER ONE CAN BUY PE5600, PE5500 FOR BOTH MAY & JUNE SERIES TO COVER AT THE LOWER LEVELS.
BANKING SHARES SHOULD BE AVOIDED FOR INVESTMENT AT THESE LEVELS AS THERE WILL BE 7% TO 10% DECLINE FROM THE CURRENT LEVELS AROUND ECLIPSE DATES.
TODAY ON 12TH MAY MARKETS SHALL BE WEAK AND SECOND HALF SHALL BE LESS WEAKER THAN FIRST HALF. HENCE NO BUYING IS SUGGESTED FOR TODAY.RANGE FOR THE NIFTY TODAY SHALL BE 5450 TO 5550.BUYING PUTS SHALL GIVE PROFITS TODAY.NOTE: THIS MAY BE LAST EXIT POINT TODAY FOR THE LONGS IN THE MARKET.

MARKET CRACKED ON EARNINGS WORRIES COUPLED WITH SUBSIDY BURDEN ON UPSTREAM OIL COMPANIES,WHERE ON SPECULATION THAT ONGC WILL HAVE SHELL OUT MORE MONEY ON ACCOUNT OF SUBSIDY SHARING AND POOR RESULTS OF SBI SHOOK THE MARKETS.BOTH PSU ONGC AND SBI LOST MORE THAN 30000 CRORE OF MARKET-CAP.THERE WAS INTENSE SELLING ENDING NIFTY AT 5438.95 DOWN 60.05 AND SENSEX AT 18137 DOWN 207.68 ALL SECTORS LIKE OIL, BANKING AND OTHER SECTORS WERE IN RED.

WHAT NEXT????

ON FUNDAMENTAL TERMS:NOW THERE IS LACK OF CLARITY IN THE SECTOR WHICH MAY LEAD THE MARKET GOING FORWARD.BANKING, REALITY IS ALREADY SUPPRESSED, NOW OIL & GAS ALSO SURRENDERED, AUTO HAS ALREADY GOT HIT BY INTEREST RATE HIKE. NOW THERE REMAINS THE I.T. WHICH WAS ALREADY SHAKEN BY INFOSYS RESULTS.HENCE THERE REMAINS NO CLEAR VISIBILITY ON WHICH SECTOR IS TO LEAD.

ON TECHNICAL TERMS:NIFTY IF CLOSES BELOW 5450-70 WILL OPEN FOR 200 POINTS DOWN FALL.ON THE FALL NIFTY FUTURE ADDED 8%OPEN INTEREST SHORT SIDE.ALSO THE PE5500 SHED OPEN INTEREST.HENCE AGAIN 5350-5200 IS OPEN ON THE DOWN SIDE.

CONCLUSION: ONE SHOULD WAIT FOR MORE DOWN SIDE TO INITIATE FOR SHORT TERM BUYING AND BOUNCE BACK BY FRIDAY 20TH MAY 2011.

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 17TH MAY 2011

HIKE IN FUEL PRICE THAT CAUSED MORE WORRIES ABOUT INFLATION AND THAT MAY LEAD TO MORE TIGHTENING BY THE RBI LED TO HUGE SELLING IN THE INTEREST RATE SENSITIVE SECTORS LIKE BANKING, AUTO & REALITY NIFTY ENDED AT 5499 AND SENSEX AT 18345. AS EXPECTED EARLIER LAST WEEK MARKET WENT WEAK AFTER FRIDAYS BUMP UP. ANALYSTS BELIEVE THAT MARKET MAY SEE PANIC SELLING IF NOW 5470 IS BROKEN ON THE DOWN SIDE. HOW EVER MARKET MY REMAIN IN THE BROAD RANGE OF 5500-5700. BREAK ON EITHER SIDE SHALL BRING A MOVE OF AT LEAST 200 POINTS IN NIFTY.

TRADERS SHOULD BUY NIFTY/STOCKS ON ANY FALL IN DELIVERY FOR 50-60 DAYS HOLDING.

FOR TODAY BUY NIFTY CE5500, CE5600 ON OPENING OR ANY DIP DURING THE DAY. NIFTY WILL HAVE SUPPORT AT 5470 & 5440 AND RESISTANCE AT 5545 & 5580.

FOLLOWING STOCKS ARE GOOD FOR TRADING & DELIVERY:

1. LUPIN (448.05) TARGET 465-480++ 

2. SHRIRAM TRANSPORT FIN(616.60) 

TARGET 700-780++++ (GOOD DELIVERY BUY FOR SHORT TERM )

3. TALWALKAR(236.40) TARGET 250-270++

4. SHANTI GEAR(38.50) TARGET 47-49++

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 16TH MAY 2011 TO 20TH MAY 2011

AFTER THE ELECTION RESULTS WHICH FAVOR & STRENGTHEN THE POSITION OF THE CENTER GOVERNMENT NIFTY REVERSED BACK FROM THE LOWS ON FRIDAY TO CROSS EVEN 5600 AT A TIME BUT SETTLED BELOW 5600.

NOW FOR THE COMING WEEK NIFTY SHALL TRADE IN THE RANGE OF 5500-5650-5700 FOR WHICH THERE WILL BE MANY STOCKS WHICH SHALL OUTPERFORM THE INDEX.

FOLLOWING STOCKS SHALL BE CONSIDERED FOR DELIVERY FOR A MONTH:

1. MAFATLAL IND(176): Buy in delivery for the short term target of 190-198+++++

2. GEETANJALI GEMS(263): Buy in delivery for the short term target of 290+++++

3. HIND PETRO(387): Buy in delivery for the short term target of 400+++

4.ORCHID(313): Buy in delivery for the short term target of Rs.330+++

5.HUL(305.60): Buy in delivery for the short term target of Rs.320+++++

6.ITC(189.85): Buy in delivery for the short term target of Rs. 210++++

7. RAIN COMMODITIES(194.00): Buy this stock for the short term target of Rs.225-240++++

8.KNR Construction(101.00): Buy this stock for the short term target of  Rs.120++++++

9.SINTEX(181.00): Buy this stock for the short term target of 200++++

10.ARVIND(74.00): Buy this stock for the short term target of 90+++++

OTHER STOCKS:

SKUMAR NATION

ARVIND 

ALOK INDUSTRIES

TIMKEN

PIRAMAL GLASS

CAMLIN

INGERSOLL RAND

ORCHID

CANFIN HOME

LIC HOUSING FIN

OBEROI REALITY 

SURAJ DIAMOND

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.