EXACTLY AS SAID EARLIER NIFTY BEHAVED IN THE SIMILAR PATTERN AND MARKET MARCHED UP ON STRONG CASH BUYING BY FIIs AND SHORT COVERING. MARKET WAS FULL OF BUZZ THAT IT WILL COME DOWN IN THE 2nd HALF ON THE SETTLEMENT DAY BUT THAT WAS MERELY "WISHFUL THINKING".
NOW THE BILLION DOLLAR QUESTION IS "WHAT NEXT?"
AS SAID EARLIER THAT MARKET IS IN VERY SHORT TERM UP-SWING,THE SAME PACE WILL CONTINUE FOR SOME MORE TIME.FOR TODAY THE TRADING RANGE IS 5610-5690, IF THE UPPER LIMIT 5690 IS BROKEN THEN 5720 & 5750 MAY BE THE KEY RESISTANCE CONVERSELY IF THE LOWER LIMIT IS BROKEN THEN 5570 & 5550 SHALL BE THE CRUCIAL SUPPORT.TODAY ALSO THE MARKET SHALL CLOSE IN POSITIVE NOTE.
BUT WHAT PURPOSE WILL IT SOLVE IF YOU COME TO KNOW IN ADVANCE THAT MARKET WILL CLOSE IN POSITIVE OR NEGATIVE NOTE? AND THE ANSWER TO THIS IS VERY CLEAR "NOTHING"
SO ITS BETTER TO BUY THOSE SHARES WHICH SHALL GIVE GOOD TRADING OR INVESTMENT RETURN.HERE ARE THE GOOD PICKS FOR SHORT TERM:
1.ARVIND(77.75):BUY THIS STOCK FOR SHORT TERM TARGET OF 90++
2.GUJRAT FLUORO(390.00): BUY THIS STOCK AT CMP AND ON DIPS. SHORT TERM TARGET OF 450++. VERY SAFE STOCK AND WILL MOVE EVEN IF MARKET CORRECTS.HENCE MUST BUY THIS STOCK.
3.IL&FS TRANSPORT(209.00):BUY THIS STOCK FOR SHORT AS WELL AS LONG TERM DELIVERY. MAY SEE GOOD UPSIDE TILL 300++.
4.FEDRAL BANK(450.00):THERE MAY BE SPURT IN THE PRICE TO TOUCH 500++.
INTRA-DAY/MOMENTUM CALLS:
1.HATHWAY CABLE(120.60)T-125-127+
2.WELSPUN CORP(173.90)T-180-182+
3.COROMANDAL INT(342.00)T-350-52+
ASTROLOGICALLY: SOLAR ECLIPSE TODAY SHALL GIVE A GREAT DECEPTION TO GENERAL THOUGHT AND TREND. MARKETS WILL DRIFT DOWN AND DOWN GRADUALLY TO 5400-5350 LEVEL FROM 1ST JULY TO 6TH JULY.THEN THERE WILL BE SMART RECOVERY TO 5750 LEVELS OR THERE WILL BE RISE TO 5750 FIRST THEN THERE WILL BE DECLINE TO 5400-5350.HENCE ONE SHOULD REMAIN CAUTIOUS FROM NOW TILL 6TH JULY.
NOTE THAT IN THIS WEEKEND:SUNDAY EVENING/NIGHT I MAY BE UPLOADING A BIG DETAILED MARKET MOVEMENT FOR NEXT 3-6 MONTHS.DON'T MISS THIS EDITION.
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.
NOW THE BILLION DOLLAR QUESTION IS "WHAT NEXT?"
AS SAID EARLIER THAT MARKET IS IN VERY SHORT TERM UP-SWING,THE SAME PACE WILL CONTINUE FOR SOME MORE TIME.FOR TODAY THE TRADING RANGE IS 5610-5690, IF THE UPPER LIMIT 5690 IS BROKEN THEN 5720 & 5750 MAY BE THE KEY RESISTANCE CONVERSELY IF THE LOWER LIMIT IS BROKEN THEN 5570 & 5550 SHALL BE THE CRUCIAL SUPPORT.TODAY ALSO THE MARKET SHALL CLOSE IN POSITIVE NOTE.
BUT WHAT PURPOSE WILL IT SOLVE IF YOU COME TO KNOW IN ADVANCE THAT MARKET WILL CLOSE IN POSITIVE OR NEGATIVE NOTE? AND THE ANSWER TO THIS IS VERY CLEAR "NOTHING"
SO ITS BETTER TO BUY THOSE SHARES WHICH SHALL GIVE GOOD TRADING OR INVESTMENT RETURN.HERE ARE THE GOOD PICKS FOR SHORT TERM:
1.ARVIND(77.75):BUY THIS STOCK FOR SHORT TERM TARGET OF 90++
2.GUJRAT FLUORO(390.00): BUY THIS STOCK AT CMP AND ON DIPS. SHORT TERM TARGET OF 450++. VERY SAFE STOCK AND WILL MOVE EVEN IF MARKET CORRECTS.HENCE MUST BUY THIS STOCK.
3.IL&FS TRANSPORT(209.00):BUY THIS STOCK FOR SHORT AS WELL AS LONG TERM DELIVERY. MAY SEE GOOD UPSIDE TILL 300++.
4.FEDRAL BANK(450.00):THERE MAY BE SPURT IN THE PRICE TO TOUCH 500++.
INTRA-DAY/MOMENTUM CALLS:
1.HATHWAY CABLE(120.60)T-125-127+
2.WELSPUN CORP(173.90)T-180-182+
3.COROMANDAL INT(342.00)T-350-52+
ASTROLOGICALLY: SOLAR ECLIPSE TODAY SHALL GIVE A GREAT DECEPTION TO GENERAL THOUGHT AND TREND. MARKETS WILL DRIFT DOWN AND DOWN GRADUALLY TO 5400-5350 LEVEL FROM 1ST JULY TO 6TH JULY.THEN THERE WILL BE SMART RECOVERY TO 5750 LEVELS OR THERE WILL BE RISE TO 5750 FIRST THEN THERE WILL BE DECLINE TO 5400-5350.HENCE ONE SHOULD REMAIN CAUTIOUS FROM NOW TILL 6TH JULY.
NOTE THAT IN THIS WEEKEND:SUNDAY EVENING/NIGHT I MAY BE UPLOADING A BIG DETAILED MARKET MOVEMENT FOR NEXT 3-6 MONTHS.DON'T MISS THIS EDITION.
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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