IT HAS BEEN THE STABLE WEEK SO FAR WITH UPWARD BIAS AND AFTER THE SETTLEMENT OF MAY SERIES MARKET PAUSED AND CONSOLIDATING ON VARIOUS GLOBAL CUES AND DOMESTIC NEWS FLOW.
ADAG STOCKS AND SUN TV TOOK A SHARP KNOCK ON THE WITH THE FEAR THAT A CBI COURT MIGHT RULE IN FAVOR OF ANIL AMBANI BEING PROBED DIRECTLY AND WITH THE BURST OF APPREHENSION THAT DAYANIDHI MARAN WILL NOW GET DRAGGED INTO CBI PROBE. ON THE OTHER HAND HUL, VIP, TATA GLOBAL ETC WERE STRONG. NIFTY MANAGED TO CLOSE ABOVE 5550 BUT VOLUMES WERE VERY LOW AS COMPARED TO OTHER DAYS.
TODAY ADAG GROUP SHARES MAY OPEN STRONG, AFTER THE SEVERE FALL YESTERDAY, ALSO THERE IS RELIANCE AGM FOR WHICH MARKET IS VERY KEEN TO WATCH THE DEVELOPMENTS AND HOW THE CHALLENGES WILL BE MET BY IT. ANY ADVERSE NEWS MAY TAKE A TOLL IN THE MARKET. HENCE ITS VERY IMPORTANT FOR THE MARKET.
ASTROLOGICALLY: TODAY MARKETS SHOULD BE WEAK, EVEN AFTER IT MAY OPEN OR TRADE STRONG. RELIANCE OR OTHER STOCKS MAY BRING THE MARKET DOWN. HENCE ONE SHOULD WAIT AND WATCH THE DEVELOPMENTS, TILL 6TH JUNE, WHERE AFTER THE MARKET SEEMS TO BE STRONG, TO HEAD ABOVE 5600.
STRATEGY: IF MARKET OPENS STRONG TODAY, ON BACK OF ADAG SHARES STRONG OPENING, ONE SHOULD GO SHORT IN NIFTY AND COVER THE INTRA-DAY POSITION, KEEPING THE STOP LOSS OF 5620. BUY CE320 OF HUL AROUND 7-8 TARGET 20+++ BY SETTLEMENT.
ALL THOSE WHO WISH TO GET THE LIVE CALLS DURING THE DAY SHOULD COME TO CHAT ON vikas198012003@yahoo.co.in OR JOIN ON FACE BOOK "astrologer vikas srivastava"
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.
ADAG STOCKS AND SUN TV TOOK A SHARP KNOCK ON THE WITH THE FEAR THAT A CBI COURT MIGHT RULE IN FAVOR OF ANIL AMBANI BEING PROBED DIRECTLY AND WITH THE BURST OF APPREHENSION THAT DAYANIDHI MARAN WILL NOW GET DRAGGED INTO CBI PROBE. ON THE OTHER HAND HUL, VIP, TATA GLOBAL ETC WERE STRONG. NIFTY MANAGED TO CLOSE ABOVE 5550 BUT VOLUMES WERE VERY LOW AS COMPARED TO OTHER DAYS.
TODAY ADAG GROUP SHARES MAY OPEN STRONG, AFTER THE SEVERE FALL YESTERDAY, ALSO THERE IS RELIANCE AGM FOR WHICH MARKET IS VERY KEEN TO WATCH THE DEVELOPMENTS AND HOW THE CHALLENGES WILL BE MET BY IT. ANY ADVERSE NEWS MAY TAKE A TOLL IN THE MARKET. HENCE ITS VERY IMPORTANT FOR THE MARKET.
ASTROLOGICALLY: TODAY MARKETS SHOULD BE WEAK, EVEN AFTER IT MAY OPEN OR TRADE STRONG. RELIANCE OR OTHER STOCKS MAY BRING THE MARKET DOWN. HENCE ONE SHOULD WAIT AND WATCH THE DEVELOPMENTS, TILL 6TH JUNE, WHERE AFTER THE MARKET SEEMS TO BE STRONG, TO HEAD ABOVE 5600.
STRATEGY: IF MARKET OPENS STRONG TODAY, ON BACK OF ADAG SHARES STRONG OPENING, ONE SHOULD GO SHORT IN NIFTY AND COVER THE INTRA-DAY POSITION, KEEPING THE STOP LOSS OF 5620. BUY CE320 OF HUL AROUND 7-8 TARGET 20+++ BY SETTLEMENT.
ALL THOSE WHO WISH TO GET THE LIVE CALLS DURING THE DAY SHOULD COME TO CHAT ON vikas198012003@yahoo.co.in OR JOIN ON FACE BOOK "astrologer vikas srivastava"
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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