Thursday, July 26, 2007

NIFTY RECOVERED AS EXPECTED

As advised on messenger nifty tanked from 4635 to 4555 and again recovered to 4620 as said on messenger.
Sugar are ready to fire as told last week and educomp and petronet moving as pace which is outstanding.
Keep sl intact on weekend trading as profit booking is better option .
However 4555 should hold and uptrend is to continue possibly towards 4750 now!

Saturday, July 21, 2007

Nifty still looking good...

Even though Dow crashed on weekend Indian market are likely to continue its uptrend for few more days.
Nifty is likely to test 4610 in next two trading days with support on lower side at 4520 and 4485.
Any dip can be used to enter front line stocks for next series as no body is ready to give up this bull game right now,so play with them.

World Markets will Run Whatever the concerns...!

Its interesting to see that many of the markets in world are creating new highs in last month and will continue to do so in few coming weeks.
However the artificial the rise may look and in some places coupled with great out performances by leading stocks ,there appears to be match fixing in most the market between the managements of top companies and funds who matters .
Its not surprising that retail guys are left out of the whole bull run and not ready to enter at this point.
Many of the news are floated in India markets as well is to increase the market capitalisation's of the company making mockery of the regulatory authorities.
Hardly anything mind blowing given by top ten companies of NIFTY and BSE to the real investor.
Nevertheless its good for positional traders who know how to play the game.

Thursday, July 19, 2007

NIFTY ON FIRE

As mentioned yesterday nifty able to cross 4550 in futures in end.
So this gives clear edge to bulls for 60-80 points up move specially with speculative rise in reliance stock.
Now we are looking at around 4595 nifty at weekend .But be cautious at this point as longs needs to hedged with puts .Smart hand will always short when people are not expecting it.
Sudden drop of 150 points nifty with some negative trigger not ruled out.

Wednesday, July 18, 2007

NIFTY LOOKING GOOD

Today nifty recovered as expected in late afternoon gaining back all its negative from morning.
Now nifty looking good for 4700 with sl of 4380 in close.
Whatever might be valuations indian market set to go up in short term due to money flow.
Use dip to buy stocks in futures and use nifty intraday high to buy puts for hedge .
Tomorrow we are looking at 4533 in futures(sl 4440) and if close above 4550 tomorrow we are ready for next blast.

Welcome to STOCK VIEW

This is just my personal opinion of stock markets.
People are suppose to take there own decisions on whatever they want.