Stock Market Researcher

Security Analysis and Portfolio Management

2012-01-10T19:56:00.000+05:30

This is my new book published by Tata McGraw Hill
The important features of this book are:

It is written in Indian Market condition
Examples are drawn from Indian market
A full chapter on Real Estate investment with precautions and safeguards against real estate frauds.
Written by practicing professionals in stock market with rich faculty expreience
Online and off-line faculty support by authors.
Authors provide coaching classes on online trading
Covers the syllabus of almost all universities
Written in learner's language, hence easily understandable by students.
Ideal for MBA, PGDM, PGDF, MCom., BCom. and all students who opt finance as their main stream
Also useful who want to learn the art of investment

Available at all leading book stalls and online book shops like www.flipcart.com.

NIFTY INTRADAY CALL FOR OCTOBER 07,2011

2011-10-07T09:55:00.000+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5023.27 for targets of 5041/5058.77/5076.56

Sell at/below 4900 for targets of /4882.52/4865.07/4847.64

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

NIFTY INTRADAY CALL FOR OCTOBER 03,2011

2011-10-03T10:37:00.002+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 4882.52 for targets of 4900.00/4917.52/4935.06

Sell at/below 4830.25 for targets of /4812.89/4795.56/4778.27

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (30092011)

2011-09-30T09:00:00.002+05:30

Nifty is likely to open negative today following the weak global cues. The first support lies at 4985.23. If went further down it can touch 4936.21 or even 4856.98 at the bottom level. An upward movement can pull up to 5064.46. If moved up further can test 5113.48 and 5241.73.

Asian stocks dropped for the first time in four days, with the regional benchmark index set for its biggest quarterly decline since December 2008, as U.S. economic reports failed to soothe investors’ concern that growth in the world’s largest economy is faltering. Japan’s Nikkei was up 0.25 percent and Hangseng was down nearly 2 percent. SGX Nifty was down 39.50 points at 4996.5 (8:55 am IST).

U.S. stocks rose, rebounding from a 1 percent decline in the Standard & Poor’s 500 Index, as lower- than-estimated claims for unemployment benefits helped offset losses by consumer and technology shares. The S&P 500 added 0.8 percent to 1,160.40 at 4 p.m. New York time. The Dow Jones Industrial Average added 143.08 points, or 1.3 percent, to 11,153.98.

Yesterday European stocks climbed for the fourth time in five days as U.S. employment and growth data exceeded forecasts and German lawmakers backed an enhanced euro- region rescue fund. Germany’s DAX and France’s CAC 40 advanced 1.1 percent. The U.K.’s FTSE 100 declined 0.4 percent as mining companies fell.

Courtesy: Bloomberg.com, moneycontrol.com

NIFTY INTRADAY CALL FOR SEPTEMBER 29,2011

2011-09-29T09:35:00.000+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5023.27 for targets of 5041/5058.77/5076.56

Sell at/below 4865.06 for targets of /4847.64/4830.25/4812.89/4795.56

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (29092011)

2011-09-29T07:53:00.002+05:30

Nifty is likely to open negative today following the weak global cues. The first support lies at 4907.55. If went further down it can touch 4869.2 or even 4781.6 at the bottom level. An upward movement can pull up to 4995.15. If moved up further can test 5044.4 and 5132.

Asian stocks fell for the first time in three days, the dollar and yen strengthened, and commodities extended yesterday’s declines amid concern European policy makers will struggle to stem the region’s debt crisis. Japan’s Nikkei is down 1.16 percent and Hangseng was down nearly 1 percent. SGX Nifty was down 24.5 points at 4916.5 (7:50 am IST).

U.S. stocks declined, halting a three-day rally for the Standard & Poor’s 500 Index, amid growing concern that European leaders are divided over how to handle Greece’s debt crisis. The S&P 500 lost 2.1 percent to 1,151.06 at 4 p.m. New York time and the Dow Jones Industrial Average fell 179.79 points, or 1.6 percent, to 11,010.90 yesterday.

European stocks declined, snapping the biggest three-day rally in 16 months, amid concern that holders of Greek bonds will suffer larger losses than previously agreed upon. Germany’s DAX Index and France’s CAC 40 Index both declined 0.9 percent. The U.K.’s FTSE 100 Index retreated 1.4 percent.

Courtesy: Bloomberg.com, moneycontrol.com

Market Outlook and Expectation for today (28092011)

2011-09-28T07:59:00.000+05:30

Nifty is likely to open flat today following the flat global cues. The first support lies at 4953.11. If went further down it can touch 4923.28 or even 4875.31 at the bottom level. An upward movement can pull up to 5001.08. If moved up further can test 5030.91 and 5108.71.

Asian stocks advanced for a second day, with the regional benchmark index heading for its biggest two-day gain since December 2009, after Greece made progress in meeting requirements for more international aid and Germany vowed continued support for the country. Japan’s Nikkei and Shanghai Composite were marginally up and Hangseng was down nearly 1 percent. SGX Nifty was up 7 points at 4990 (7:50 am IST).

U.S. stocks rose, after Greece made progress in meeting requirements for more international aid and Germany vowed continued support for the country. The S&P 500 increased 1.1 percent to 1,175.38 at 4 p.m. New York time and the Dow Jones Industrial Average rose 146.83 points, or 1.3 percent, to 11,190.69 yesterday.

European stocks climbed the most in 16 months amid speculation policy makers will increase efforts to contain the region’s sovereign-debt crisis. Germany’s DAX Index soared 5.3 percent, France’s CAC 40 rose 5.7 percent and the U.K.’s FTSE 100 advanced 4 percent.

Courtesy: Bloomberg.com, moneycontrol.com

NIFTY INTRADAY CALL FOR SEPTEMBER 27,2011

2011-09-27T09:35:00.000+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5023.27 for targets of 5041/5058.77/5076.56

Sell at/below 4865.06 for targets of /4847.64/4830.25/4812.89

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (27092011)

2011-09-27T08:00:00.002+05:30

Nifty is likely to open positive today following the positive global cues. The first support lies at 4824.68. If went further down it can touch 4769.56 or even 4703.73 at the bottom level. An upward movement can pull up to 4890.51. If moved up further can test 4945.63 and 5066.58.

Asian stocks rebounded from their lowest level since May 2010 after two days of gains in U.S. equities, amid optimism that European leaders may be closer to agreeing ways to tame the region’s credit crisis. Japan’s Nikkei climbed nearly 2 percent and Hangseng was up nearly 3 percent. SGX Nifty was up 77.50 points at 4917.50 (8:00 am IST).

U.S. stocks advanced, giving the Dow Jones Industrial Average its biggest increase in a month, amid speculation that European policy makers will act to prevent the region’s debt crisis from getting worse. The Standard & Poor’s 500 Index added 2.3 percent to 1,162.95 at 4 p.m. in New York and the Dow average climbed 272.38 points, or 2.5 percent, to 11,043.86.

European stocks rose for a second day as foreign governments and central banks urged policy makers in Europe to intensify efforts to contain the region’s debt crisis following meetings with the International Monetary Fund. Germany’s DAX gained 2.9 percent, France’s CAC 40 rose 1.8 percent and the U.K.’s FTSE 100 advanced 0.5 percent.

Courtesy: Bloomberg.com, moneycontrol.com

NIFTY INTRADAY CALL FOR OCTOBER 26,2011

2011-09-26T09:37:00.000+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 4882.55 for targets of 4900/4917.52/4935.06

Sell at/below 4865.06 for targets of /4847.64/4830.25/4812.89

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (26092011)

2011-09-26T08:07:00.001+05:30

Nifty is likely to open weak today following the negative Asian cues. The first support lies at 4821.48. If went further down it can touch 4775.21 or even 4674.56 at the bottom level. An upward movement can pull up to 4922.13. If moved up further can test 4976.51 and 5077.16.

Asian stocks fell, led by Japanese shares, as Europe’s failure to tame the region’s sovereign-debt crisis threatens global economic growth. Japan’s Nikkei slid 1.65percent and Hangseng fell nearly 1 percent. SGX Nifty was flattish at 4869 (8:00 am IST).

U.S. stocks fell last week, sending the Dow Jones Industrial Average to the biggest loss since 2008, as the Federal Reserve said risks to the economy have increased and concern grew that policy makers will fail to spur growth. The S&P 500 dropped 6.5 percent to 1,136.43 and the Dow dropped 737.61 points, or 6.4 percent, to 10,771.48.

European stocks had the biggest weekly drop in seven as the Federal Reserve said it sees “significant downside risks” for the economy and speculation grew that policy makers will be unable to solve the debt crisis. Germany’s DAX Index declined 6.8 percent and France’s CAC 40 dropped 7.3 percent. The U.K.’s FTSE 100 slid 5.6 percent.

Courtesy: Bloomberg.com, moneycontrol.com

Based on LTP of Nifty Futures at 9:30 IST

2011-09-23T09:45:00.002+05:30

Buy at/above 5023.27 for targets of 5041/5058.77/5076.56

Sell at/below 5148.06 for targets of 5005.56/4987.89/4830.25/4812.89

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (23092011)

2011-09-23T07:55:00.002+05:30

It was a total bloodbath across the Indian as well as the global markets. Unless the situation on the global front improves, Indian markets don’t seem to make any significant recovery. As such, Nifty is likely to open negative today following the negative global cues. The first support lies at 4867.65. If went further down it can touch 4811.65 or even 4659.55 at the bottom level. An upward movement can pull up to 4963.75. If moved up further can test 5019.75 and 5115.85.

Asian stocks fell, driving a regional benchmark index toward its biggest weekly drop in almost three years, as concern intensified that policy makers worldwide may be running out of tools to avert another global economic recession. Japan’s Nikkei slid 2 percent, Hangseng fell nearly 3 percent, Shanghai Composite fell nearly 1.2 percent and South Korea’s Kospi Index was down 5 percent. SGX Nifty was at 4835 down 73.5 points (7:45 am IST).

U.S. stocks slumped again after the Federal Reserve said the turmoil caused by Europe’s crisis is taking a toll on the economy and it planned to buy long-term debt and sell shorter maturities to sustain the economic recovery. The S&P 500 fell 3.2 percent to 1129.56 at 4 p.m. New York time. The Dow Jones Industrial Average lost 391.01 points, or 3.64 percent, to 10733.83 yesterday.

Yesterday European stocks tumbled to a two- year low as the Federal Reserve signalled “significant downside risks” to the world’s largest economy and Moody’s Investors Service downgraded three U.S. banks. Germany’s DAX Index declined 5 percent and France’s CAC 40 dropped 5.3 percent. The U.K.’s FTSE 100 slid 4.7 percent, the most since March 2009.

Courtesy: Bloomberg.com, moneycontrol.com

Based on LTP of Nifty Futures at 9:30 IST

2011-09-22T09:32:00.002+05:30

Buy at/above 5166.02 for targets of 5184/5202/5220

Sell at/below 5148.06 for targets of 5130.14/5112.25/5094.39

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (22092011)

2011-09-22T07:50:00.002+05:30

Nifty is likely to open negative today following negative global cues. The first support lies at 5105.93. If went further down it can touch 5078.61 or even 5020.06 at the bottom level. An upward movement can pull up to 5164.48. If moved up further can test 5195.71 and 5254.26.

Asian stocks and oil slumped, while South Korea’s won slid to a one-year low, after the Federal Reserve flagged “significant downside risks” to the economy and Moody’s Investors Service cut debt ratings on U.S. banks. Japan’s Nikkei slid 1.7 percent, Hangseng fell nearly 3.2 percent, Shanghai Composite fell nearly 1 percent and South Korea’s Kospi Index was down 2.6 percent. SGX Nifty was at 5066 down 59 points (7:45 am IST).

U.S. stocks slumped, giving the Standard & Poor’s 500 Index its biggest decline in a month, as the Federal Reserve announced plans to buy $400 billion of long- term debt and cited risks to the economic outlook. The S&P 500 fell 2.9 percent to 1,166.76 at 4 p.m. New York time. The Dow Jones Industrial Average lost 283.82 points, or 2.5 percent, to 11,124.84 yesterday.

Yesterday European stocks retreated as officials said their plans to return to Athens next week after three days of consultations failed to produce a solution to the country’s debt crisis. Germany’s DAX Index declined 2.5 percent, while the U.K.’s FTSE 100 lost 1.4 percent and France’s CAC 40 dropped 1.6 percent.

Courtesy: Bloomberg.com, moneycontrol.com

Intraday trading signals on Nifty for today (21092011)

2011-09-21T09:35:00.002+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5166.02 for targets of 5184/5202/5220

Sell at/below 5148.06 for targets of 5130.14/5112.25/5094.39

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (21092011)

2011-09-21T08:51:00.000+05:30

Nifty is likely to open flat to positive today following mixed global cues. Market could fluctuate between positive and negative zones during the day. The first support lies at 5108.45. If went further down it can touch 5067 or even 4993.8 at the bottom level. An upward movement can pull up to 5181.65. If moved up further can test 5223.1 and 5337.75.

Most Asian stocks fell, before the U.S. Federal Reserve concludes a two-day policy meeting and amid concern Europe’s sovereign-debt crisis will hurt global economic growth. Japan’s Nikkei was marginally up, Hangseng fell nearly 0.6 percent, Shanghai Composite rose 1 percent and South Korea’s Kospi Index was up 0.4 percent. SGX Nifty was at 5145 down 22 points (8:45 am IST).

U.S. stocks fell; erasing a 1.4 percent rally by the Standard & Poor’s 500 Index, amid concern international officials won’t make a decision on Greece’s next aid payment until October. The S&P 500 lost 0.2 percent to 1,202.09 at 4 p.m. New York time. The Dow Jones Industrial Average was marginally up at 11,408.66.

Yesterday European stocks climbed as Greece described its debt talks with the European Union and the International Monetary Fund as “productive” and investors speculated the Federal Reserve will provide more stimulus. The U.K.’s FTSE 100 Index advanced 2 percent, Germany’s DAX Index gained 2.9 percent and France’s CAC 40 Index climbed 1.5 percent.

Intraday trading signals on Nifty for today (20092011)

2011-09-20T09:39:00.002+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5076.56 for targets of 5094.39/5112.25/5130.14

Sell at/below 5058.77 for targets of 5041/5023.27/5005.56

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (20092011)

2011-09-20T08:40:00.002+05:30

Nifty is likely to open flat to negative today following negative global cues. The first support lies at 5011.33. If went further down it can touch 4990.71 or even 4941.56 at the bottom level. An upward movement can pull up to 5060.48. If moved up further can test 5089.01 and 5138.16.

Asian stocks fell, after Italy’s sovereign credit ratings were cut, intensifying concern Europe’s debt crisis is worsening and may sour the outlook for exporters, banks and commodity producers. Japan’s Nikkei fell 1.4 percent, Hangseng fell nearly 1 percent, Shanghai was marginally down and South Korea’s Kospi Index slid nearly 0.3 percent. SGX Nifty was at 5030 down 12 points (8:35 am IST).

U.S. stocks retreated, amid concerns that Greece might fail to qualify for more financial aid needed to avoid a debt default. The S&P 500 lost 1 percent to 1,204.09 at 4 p.m. New York time. The Dow Jones Industrial Average fell 108.08 points, or 0.9 percent, to 11,401.01.

European stocks slid, as investors speculated that Greece may not receive an aid payment that would help it avoid default. France’s CAC 40 Index fell 3 percent, the U.K.’s FTSE 100 Index dropped 2 percent and Germany’s DAX Index lost 2.8 percent.

Intraday trading signals on Nifty for today (19092011)

2011-09-19T09:46:00.001+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5058.77 for targets of 5076.56/5094.39/5112.25

Sell at/below 5041 for targets of 5023.27/5005.56/4987.89

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (19092011)

2011-09-19T08:04:00.002+05:30

Nifty is likely to open flat to negative today following mixed global cues. The first support lies at 5053.70. If went further down it can touch 5023.15 or even 4947.65 at the bottom level. An upward movement can pull up to 5098.65. If moved up further can test 5129.20 and 5174.15.

Asian stocks fell after European policymakers failed to introduce a plan to stem the region’s debt crisis, dimming the earnings outlook for banks, exporters and raw-material producers. Hangseng fell about 2 percent, Shanghai was down 1.3 percent and South Korea’s Kospi Index slid nearly 1 percent. SGX Nifty was at 5020 down 67 points (8:00 am IST).

U.S. stocks rose on Friday as the government officials and central bankers took steps to ease the European debt crisis. The S&P 500 climbed 5.4 percent to 1,216.01 this week, trimming its 2011 loss to 3.3 percent. The Dow Jones Industrial Average increased 516.96 points, or 4.7 percent, to 11,509.09, leaving it down 0.6 percent.

European stocks rose for the third week as Germany and France said Greece will remain a euro member and the European Central Bank announced measures with the Federal Reserve to ensure banks have enough dollars. France’s CAC 40 Index added 1.9 percent, the U.K.’s FTSE 100 Index gained 2.9 percent and Germany’s DAX Index rallied 7.4 percent, over the week.

Intraday trading signals on Nifty for today (16092011)

2011-09-16T09:35:00.002+05:30

Based on LTP of Nifty Futures at 9:30 IST

Buy at/above 5112.25 for targets of 5130.14/5148.06/5166.02

Sell at/below 5084.39 for targets of 5076.56/5058.77/5041

Disclaimer: This is not a recommendation for trading, but is based on calculations for reference purpose only. People should refer to their broker/advisor before taking any positions.

Market Outlook and Expectation for today (16092011)

2011-09-16T08:43:00.002+05:30

Nifty is likely to open positive today following positive global cues, but could face fluctuations during the day on the back of RBI announcements on rate hikes. The first support lies at 5044.86. If went further down it can touch 4998.28 or even 4920.86 at the bottom level. An upward movement can pull up to 5122.28. If moved up further can test 5168.86 and 5292.86.

Asian stocks rose, after the European Central Bank and international policy makers coordinated to lend dollars to euro-area banks, increasing confidence the region’s debt crisis may be contained. Japan’s Nikkei 225 Stock Average advanced 1.8 percent, Hangseng climbed nearly 2 percent and South Korea’s Kospi Index rallied 3.2 percent. SGX Nifty was at 5129.50 up 32.50 points (8:35 am IST).

U.S. stocks rose for a fourth day as the European Central Bank and international policy makers coordinated to lend dollars to banks to tame the credit crisis, offsetting concern spurred by signs unemployment is worsening. The S&P 500 gained 1.7 percent to 1,209.11 at 4 p.m. New York time and the Dow Jones Industrial Average rose 186.45 points, or 1.7 percent, to 11,433.18.

European stocks rallied as Germany and France said Greece will remain a member of the euro and the European Central Bank announced coordinated measures with the Federal Reserve to ensure banks have enough dollars. Germany’s DAX advanced 3.2 percent, the U.K.’s FTSE 100 gained 2.1 percent and France’s CAC 40 climbed 3.3 percent.

Intraday trading signals on Nifty for today (15092011)

2011-09-15T09:33:00.000+05:30

Based on LTP of Nifty futures at 9:30 am

Buy at/above 5041 for targets of 5058.77/5076.56/5094.39

Sell at/below 5023.27 for targets of 5005.56/4987.89/4970.25

Market Outlook and Expectation for today (15092011)

2011-09-15T08:50:00.002+05:30

Nifty is likely to open positive today following positive global cues, but could face selling pressures at higher levels taking the domestic factors into concern. The first support lies at 4985.36. If went further down it can touch 4944.58 or even 4876.61 at the bottom level. An upward movement can pull up to 5053.33. If moved up further can test 5094.11 and 5202.86.

Asian stocks rose from a one-year low as German and French leaders said they’re certain Greece will remain in the euro zone. Japan’s Nikkei 225 Stock Average advanced 1.6 percent, Hangseng climbed 0.54 percent and South Korea’s Kospi Index rallied 1.5 percent. SGX Nifty was at 4961.50 up 20.50 points (8:35 am IST).

U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third day, as French President Nicolas Sarkozy and German Chancellor Angela Merkel said they are convinced Greece will remain in the euro zone. The S&P 500 gained 1.4 percent to 1,188.68 at 4 p.m. New York time and the Dow Jones Industrial Average rose 140.88 points, or 1.3 percent, to 11,246.73.

European stocks rose for a second day amid speculation China may still buy the region’s government bonds even after Premier Wen Jiabao said indebted countries must not rely on bailouts. Germany’s DAX advanced 3.4 percent, the U.K.’s FTSE 100 gained 1 percent and France’s CAC 40 climbed 1.9 percent.

Intraday trading signals on Nifty for today (14092011)

2011-09-14T09:34:00.002+05:30

Based on LTP of Nifty Futures at 9:30 am IST

Buy at/above 4935.06 for targets of 4952.64/4970.25/4987.89

Sell at/below 4900 for targets of 4882.52/4865.06/4847.64

Market Outlook and Expectation for today (14092011)

2011-09-14T08:42:00.002+05:30

Nifty is likely to open flat today following mixed global cues. The first support lies at 4891.28. If went further down it can touch 4841.61 or even 4722.51 at the bottom level. An upward movement can pull up to 4960.71. If moved up further can test 5010.38 and 5079.81.

Asian stocks swung between gains and losses as companies advanced on higher crude prices, countering declines by Japanese utilities. Nikkei fell 0.2 percent, Hang Seng Index advanced 0.8 percent, while China’s Shanghai Composite Index climbed 0.5 percent. SGX Nifty was at 4961.50 up 20.50 points (8:35 am IST).

U.S. stocks rose, as French banks eased concerns over their access to funding and investors watched for signs of progress in taming Europe’s debt crisis. The S&P 500 increased 0.9 percent to 1,172.87 at 4 p.m. in New York. The Dow Jones Industrial Average advanced 44.73 points, or 0.4 percent, to 11,105.85 today.

European stocks rose for the first time in three days, as banking shares and carmakers advanced. The U.K.’s FTSE 100 Index advanced 0.9 percent, Germany’s DAX Index jumped 1.9 percent and France’s CAC 40 Index rallied 1.4 percent.

Intraday trading signals on Nifty for today (13092011)

2011-09-13T09:32:00.000+05:30

Based on LTP of Nifty futures at 9:30 am

Buy at/above 5005.56 for targets of 5023.27/5041/5058.77

Sell at/below 4987.89 for targets of 4970.25/4952.64/4935.06

Market Outlook and Expectation for today (13092011)

2011-09-13T08:37:00.002+05:30

Nifty is likely to open flat to positive today following mixed global cues. This could be attributed to the short covering in major Asian markets. The first support lies at 4910.16. If went further down it can touch 4873.53 or even 4799.18 at the bottom level. An upward movement can pull up to 4984.51. If moved up further can test 5022.23 and 5096.58.

Most Asian stocks rose, with the benchmark regional index rebounding from a one-year low, as raw material and energy producers advanced on increased oil and copper prices. Japan’s Nikkei 225 Stock Average gained 0.4 percent.

U.S. stocks climbed yesterday, erasing earlier losses, amid speculations that China might invest in Italy, triggering a rally that lifted the Dow Jones Industrial Average more than 200 points in the last 45 minutes of trading. The S&P 500 advanced 0.7 percent to 1,162.27 at 4 p.m. in New York, after retreating 1.6 percent earlier. The Dow increased 68.99 points, or 0.6 percent, to 11,061.12.

Yesterday, European stocks slumped for a second day, dragging the benchmark regional gauge to its lowest level since July 2009, as speculation mounted that Germany is preparing for Greece to default. The U.K.’s FTSE 100 Index slid 1.6 percent, Germany’s DAX Index lost 2.3 percent and France’s CAC 40 Index declined 4 percent.

Intraday trading signals on Nifty for today (12092011)

2011-09-12T09:37:00.002+05:30

(Based on LTP of Nifty Futures at 9:30 am)

Buy at/above 4979.40 for targets of 4987.89/5005.50/5023.27

Sell at/below 4952.64 for targets of 4935.06/4917.52/4900

Market Outlook and Expectation for today (12092011)

2011-09-12T07:47:00.002+05:30

Nifty is likely to open negative today following negative global cues. The first support lies at 5016.25. If went further down it can touch 4973.05 or even 4856.10 at the bottom level. An upward movement can pull up to 5090. If moved up further can test 5133.20 and 5206.95.

Asian stocks fell as bond risk surged to a two-year high, while the euro sank to its lowest level since 2001 against the yen, amid speculation Germany is preparing for a Greek default. Nikkei has slid 2 percent, Hangseng by nearly 3 percent and Straits Times by 2 percent. SGX Nifty also was down 79 points at 4964 at 7:40 am IST.

On Friday closing, U.S. stocks fell, driving the Standard & Poor’s 500 Index to the sixth drop in the past seven weeks, as concern Greece’s finances are deteriorating overshadowed President Barack Obama’s $447 billion plan to stimulate growth. The S&P 500 fell 1.7 percent to 1,154.23 this week, the second straight weekly loss and the lowest level since Aug. 22. The Dow retreated 248.13 points, or 2.2 percent, to 10,992.13.

European stocks too fell for the first week in three amid concern policy makers won’t be able to stop the region’s sovereign debt crisis from growing and damaging the economic recovery. France’s CAC 40 declined 5.5 percent, the U.K.’s FTSE 100 slid 1.5 percent and Germany’s DAX plunged 6.3 percent.

Buy/Sell levels for opening session (09092011)

2011-09-09T09:37:00.000+05:30

Based on LTP of Nifty fut at 9:30 am

Buy at/above 5166.02 for targets of 5184/5202/5220

Sell at/below 5148 for targets of 5130.14/5112.2/5094.39

Market Outlook and expectation for today (09092011)

2011-09-09T07:31:00.002+05:30

Nifty is likely to open flat to negative today following mixed global cues. The first support lies at 5140.25. If went further down it can touch 5111.25 or even 5069.25 at the bottom level. An upward movement can pull up to 5182.25. If moved up further can test 5211.25 and 5282.25.

Asian stocks swung between gains and losses, with the regional benchmark index headed for its first weekly loss in three weeks, after U.S. President Barack Obama unveiled a jobs plan and the Federal Reserve chairman failed to outline extra measures to shore up economic growth. At 7:20 am IST Nikkei had risen 0.11 percent, Kospi down by 0.59 percent and Shanghai Composite index up 0.34 percent. SGX Nifty opened in the negative territory down 29 points at 5133 (7:20 am IST).

U.S. stocks fell, as Federal Reserve Chairman Ben S. Bernanke disappointed investors by not detailing new plans to boost growth in the world’s largest economy. The S&P 500 fell 1.1 percent to 1,185.90 at 4 p.m. in New York as all 10 of its groups declined. The Dow Jones Industrial Average slid 119.05 points, or 1 percent, to 11,295.81.

European stocks climbed, as oil producers and retailers advanced. Germany’s DAX gained less than 0.1 percent, while the U.K.’s FTSE 100 Index and France’s CAC 40 Index both rose 0.4 percent.

Buy/Sell levels for opening session (08092011)

2011-09-08T08:56:00.000+05:30

Buy at/above 5130.14 for targets of 5148.06/5166.02/5184

Sell at/below 5112.25 for targets of 5094.39/5076.56/5058.77

Market Outlook and expectation for today (08092011)

2011-09-08T07:29:00.000+05:30

Nifty is likely to open positive today following strong global cues. The first support lies at 5118.48. If went further down it can touch 5082.46 or even 5040.28 at the bottom level. An upward movement can pull up to 5160.66. If moved up further can test 5196.68 and 5274.88.

Asian stocks gained, for a second day, on speculation the U.S. will move to stimulate its economy and Europe may resolve its debt crisis, boosting the outlook for exporters. At 7:20 am IST Nikkei had risen 0.5 percent, Kospi up by 0.3 percent and Shanghai Composite index had been flat since opening. SGX Nifty opened in the positive territory up 11.50 points at 5131.50 (7:20 am IST).

U.S. stocks rose, giving the Standard & Poor’s 500 Index its biggest rally in two weeks, as investors speculated President Barack Obama’s plan to inject more than $300 billion into the economy will bolster growth. The S&P 500 rallied 2.9 percent to 1,198.62 at 4 p.m. in New York and the Dow Jones Industrial Average added 275.56 points, or 2.5 percent, to 11,414.86.

European stocks rose the most in three weeks, rebounding from a two-year low, after three days of losses dragged the Stoxx Europe 600 Index near to the cheapest since 2008. Germany’s DAX advanced 4.1 percent and the U.K.’s FTSE 100 increased 3.1 percent, the biggest jumps since May 2010. France’s CAC 40 rose 3.6 percent.

Buy/Sell levels for opening session

2011-09-07T08:42:00.000+05:30

Buy at/above 5076.56 for targets of 5094.39/5112.25/5130.14

Sell at/below 5058.77 for targets of 5041/5023.27/5005.56

Market Outlook and expectation for today (07092011)

2011-09-07T06:25:00.002+05:30

Nifty is likely to open flat to positive today following global cues. The first support lies at 5026.7. If went further down it can touch 4980.5 or even 4896.7 at the bottom level. An upward movement can pull up to 5110.5. If moved up further can test 5156.7 and 5286.7.

Asian stocks gained as Japanese shares jumped after the yen weakened versus the dollar, boosting the outlook for exporters, and after Greece pledged to accelerate austerity measures to help solve Europe’s debt crisis. Japan’s Nikkei 225 rose 1.6 percent. South Korea’s Kospi Index rallied 2.2 percent and Hangseng was marginally up by 0.5 percent. SGX Nifty opened in the negative territory down 18 points at 5050 (6:20 am IST).

US stocks fell yesterday amid heightened concerns that the European debt crisi was worsening. The S&P 500 lost 0.7 percent to 1,165.24 at 4 p.m. in New York and the Dow Jones Industrial Average slumped 100.96 points, or 0.9 percent, to 11,139.30.

Yesterday, European stocks retreated for the third day in a row amid concerns that the region’s debt crisis would derail the recovery and overshadowed better-than-estimated growth in U.S. services. Germany’s DAX Index slid 1 percent and France’s CAC 40 lost 1.1 percent, while the U.K.’s FTSE 100 climbed 1.1 percent.

Market Outlook and expectation for today (06092011)

2011-09-06T08:42:00.002+05:30

Nifty is likely to open negative today and then move into further negative territory following global cues. The first support lies at 5003.98. If went further down it can touch 4977.66 or even 4938.13 at the bottom level. An upward movement can pull up to 5043.51. If moved up further can test 5069.83 and 5135.68.

In today morning’s trades, Asian stocks and U.S. futures fell, Treasury 10-year yields sank to a record, and the euro slid for a fifth day against the franc on speculation Europe’s debt crisis is worsening. Nikkei fell by 1.2 percent, Hang seng slid by 1 percent and Shanghai Composite index slumped by 0.5 percent.

SGX Nifty opened in the negative territory down 39 points at 4975 (8:35 am IST).

European stocks were in the negative territory after Angel Merkel’s election loss spurred concerns the bailout for the debt ridden European nations might fade. Also fears were rife about the future of euro zone bubbled up against a background of weak economic growth and threats to the banking sector. Germany’s DAX Index (DAX) fell 5.28 percent, U.K.’s FTSE 100 Index dropped 3.58 percent and France’s CAC 40 Index lost 4.73 percent.

Market Expectation and outlook for today(05092011)

2011-09-05T08:51:00.002+05:30

Nifty is likely to open negative today and then move into further negative territory following global cues. The first support lies at 4984.33. If went further down it can touch 4928.66 or even 4808.31 at the bottom level. An upward movement can pull up to 5104.68. If moved up further can test 5169.36 and 5289.71.

The SGX Nifty has opened nearly 79 points down after a three day rally and stood at 4968 at 8:50 am IST. Asian stocks and oil fell for a second day after U.S. job growth stalled last month and amid concern Europe’s sovereign-debt crisis will worsen.

On Friday U.S. stocks slid, as the Standard & Poor’s 500 Index posted its biggest monthly decline in more than a year and a report showing employment stagnated in August fuelled concern the economy may slip into a recession.

Market Outlook and expectation for today (01092011)

2011-09-02T08:55:00.002+05:30

Given the current trend, Nifty is likely to open positive today and then move into the negative territory following global cues. The first support lies at 4981.60. If went further down it can touch 4946.95 or even 4892.90 at the bottom level. An upward movement can pull up to 5035.65. If moved up further can test 5070.30 and 5159.

The SGX Nifty has opened nearly 25 points down today morning after a three day rally. Asian stocks fell in today morning trade, paring the biggest weekly gain since March, and U.S. and U.K. index futures dropped ahead of an American jobs report that may show unemployment exceeds 9 percent.

Yesterday, U.S. stocks slid, halting a four-day rally. Treasuries advanced and commodities declined as investors turned their attention to tomorrow’s report on American jobs to gauge the outlook for the economy. The Standard & Poor’s 500 Index lost 1.2 percent to 1,204.42 after surging 5.1 percent in the previous four sessions.

Market Outlook and expectation for today (30082011)

2011-08-30T08:48:00.000+05:30

Given the current trend, Nifty is likely to open positive today on account of positive global cues and may have a support level at 4886.68. If went further down it can touch 4838.96 or even 4758.33 at the bottom level. An upward movement can pull up to 4967.31. If moved up further can test 5015.03 and 5143.38.

The US markets closed near session highs, fuelled by a merger between two big Greek banks, a better-than-expected personal spending report and as the damage from Hurricane Irene over the weekend was less than feared. However, despite the day's strong rally, all three major indexes are still on track for their biggest monthly declines since May 2010. Dow Jones Industrial Average rose 2.26% or 254.71 points at 11539.25. Nasdaq Composite added 3.32% or 82.26 points at 2562.11. Standard & Poor's 500 gained 2.83% or 33.28 points at 1210.08.

Asian stocks rose for a fourth day, set for their longest streak of daily advances since July, after U.S. consumer spending and car sales increased and as companies across the region reported profit that beat estimates. Yesterday the European market closed shop in green with DAX up 132.59 points at 5670.07 and CAC up 66.56 points at 3154.20. The SGX Nifty was up 69 points at 5008.50 in opening trade at 8:45 am IST.

Market Outlook and expectation for tomorrow (25082011)

2011-08-25T07:57:00.000+05:30

Given the current trend, Nifty is likely to open positive today on account of positive global cues and may have a support level at 4855.33. If went further down it can touch 4821.76 or even 4734.66 at the bottom level. An upward movement can pull up to 4908.86. If moved up further can test 4942.43 and 4995.96.

US stocks rose on Wednesday after the Congressional Budget Office offered an upbeat forecast on the worrisome budget deficits and data showed a strong reading on durable goods orders. The Dow Jones industrial average was up 104.52 points, or 0.94%, at 11,281.28. The Standard & Poor's 500 Index rose 12.25 points, or 1.05%, at 1,174.60. The Nasdaq Composite Index added 22.70 points, or 0.93%, at 2,468.76.

Asian markets have opened in green following the trend in the US markets with indices up nearly 1%. SGX Nifty was up 43 points at 7:50 am IST indicating a positive opening for our markets. European stocks climbed for a third day after a report on U.S. durable-goods orders beat forecasts amid ongoing speculation that the Federal Reserve would act to bolster the economy. All major indices were up by more than 1%.

Market Outlook and expectation for tomorrow (24082011)

2011-08-24T08:46:00.002+05:30

Given the current trend, Nifty is likely to open with a flat to negative note today and may have a support level at 4926.16. If went further down it can touch 4886.53 or even 4824.16 at the bottom level. An upward movement can pull up to 4988.53. If moved up further can test 5028.16 and 5130.16.

Dow Jones Industrial Average added 2.97% or 322.11 points at 11176.76. Nasdaq Composite rose 4.29% or 100.68 points at 2446.06. Standard & Poor's 500 advanced 3.43% or 38.53 points at 1162.35 after investors shrugged off a handful of disappointing economic news as investors will watch for signs of possible round of asset purchases at the Fed speech on Friday. Asian markets have opened in red after Moody’s cut Japan’s debt rating to Aa3. SGX Nifty has opened 25.50 points down at 4919.50, giving an indication for a negative start in the Indian stock markets too.

Market Outlook and expectation for tomorrow (23082011)

2011-08-23T09:01:00.002+05:30

Given the current trend, Nifty is likely to open with a positive note today and may have a support level at 4872.53. If went further down it can touch 4835.01 or even 4771.23 at the bottom level. An upward movement can pull up to 4936.31. If moved up further can test 4973.83 and 5075.13.

The Dow Jones Industrial Average rose 37 points or 0.34%, to close at 10,854.65. NASDAQ Composite went up 3.54 points or 0.15%, to end at 2,345.38 and the S&P 500 Index closed at 1,123.82, up 0.29 points. European markets bounced back, after a steep sell-off last week. Political developments in Libya added to positive investor sentiment as oil companies look ahead to resume activities in the country. The Asian markets too opened in green and are currently in the positive territory.

Market Outlook and expectation for tomorrow (22082011)

2011-08-22T08:56:00.002+05:30

The Indian stock markets witnessed a sharp down fall on 19/08/2011, possibly due to the fall in overseas market. Major US, Asian and European markets moved to red on concern that the global recovery is slowing down. By noon, the market received some news regarding a massive earthquake in Japan and consequently the warning issued about a possible Tsunami. Crude traded with negative trend, but gold moved up further indicating the investors’ preference for a safe platform to keep their money away from the vagaries of equity markets.

Nifty opened with a downside gap of 84.85 points. The negative trend continued and touched as low as 4797.90. Nifty closed at 4846.75. The major losers were Tata Motors, Infosys, L&T, BHEL, Dr. Reddy, Axis Bank, ICICI Bank, TCS, Sun Pharma and ITC. The fall in the stock prices ranged from 2.62% to 5.68%. JP Associates, DLF, Hero Motors, Hindalco and Reliance Infra recorded gains for the day.

BSE Sensex closed with a downside gap of 328.12 points at 16141.67. The top gainers on BSE were JPAssociates at 59.50 (2.49%), DLF at 186.9 (2.46%), Hero Honda at 1993.65 (2.19%) and Hindalco at 139.3 (1.12%). The main losers were Infosys Tech. At 2225.40 (5.78%), Tata motors at 713.40 (5.27%), L&T at 1544.95 (4.95%) and BHEL at 1683.25 (4.62%).

Given the current trend, Nifty is likely to open with a flattish note today and may have a support level at 4891.33. If went further down it can touch 4796.63 or even 4747.61 at the bottom level. An upward movement can pull up to 4894.13. If moved up further can test 4942.61 and 5040.11. The banking system is again facing the threat of another interest rate hike, which can invite negative sentiments into the market. Considering the expiry week, there could be a minor pullback due to short covering, but the general trend in the market is likely to be gloomy.

Market Outlook and expectation for tomorrow (19082011)

2011-08-18T22:53:00.002+05:30

Nifty opened today with an upside gap of 21.35 points, but soon fell to as low as 4934.80. Towards close Nifty climbed and closed at 4944.15. Altogether the index shed over 112 points today. The major index draggers were banking and IT stocks. NSE Bank Nifty lost 366.80 points today whereas CNX IT lost 217.65 points. The major index draggers were HCL Tech (-6.92%), Axis Bank (-5.28%), Reliance Infra (-7.44%), ICICI Bank (-5.13%), Sterlite (-4.46%), IDFC (-5.56%), SBI (-4.53%), Wipro (-5.61%), Reliance Capital (-5.57%) and Jindal Steel(-4.46%). However, minor occasional recoveries could be witnessed. The gainers included DLF (3.02%) and RCOM (1.00%). JP Associates, Hero Motors, ACC and GAILS also recorded minor gains.

BSE Sensex closed with a downside gap of 379.90 points at 16459.92. The losers in BSE were Wipro (5.59%), ICICI Bank (5.16%), SBI (4.83%), Sterlite (4.58%), Jindal Steel (4.85%), TCS (4.23%), Hindalco (3.50%), Tata Motors (3.36%), Infosys (3.56%), HDFC (2.95%), Tata Power (3.29%), Tata Steel (2.07%), RIL (1.97%), Maruti (2.38%), Cipla (1.93%), Coal India (1.80%), Bharti Airte (1.26%), Sun Pharma (1.21%) and Bajaj Auto (1.05%).

The massive falls in Indian stock indices are said to be the outcome the concern over global economic recovery, especially the US and European economy. All major US indices fell on concern that the global recovery is slowing and also on speculation that the European banks are facing capital inadequacy. The US job data revealed that the unemployment rate is increasing as the jobless claims went up above the forecasted level. The home sales in July declined beyond the expected level. The consumer prices have gone up more than the forecast in July. These indicate a slowing down of US economy. The European stocks also plummeted more than two years level. Major Asian stock indices also closed with losses.

Given the current trend, Nifty is likely to open with a down side gap tomorrow and may have a support level at 4891.33. If went further down it can touch 4838.52 or even 4692.07 at the bottom level. An upward movement can pull up to 5037.78. If moved up further can test 5131.42 or 5277.87. However, the decline in food inflation rate in India can give a minor push, but may not last long on concern of global slowdown. The major index pullers may be banking and IT stocks. However Nifty may gain minor support from defensive stocks in the short-run. The banking system is facing the threat of another interest rate hike, which can invite negative sentiments into the market. The put –call ratio is above 1.2. The general trend in the market is likely to be gloomy.

MARKET EXPECTATIONS TODAY

2011-08-18T12:50:00.000+05:30

Markets yesterday(17/08/2011)

Nifty 5056.80(+20.80) Sensex 16840.8(+109.86)

Market Expectation for today(18/08/2011)

Indian stock markets are expected to open flat to negative today on the back of mixed global cues.

Resistances for Nifty: 5106.75/ 5156.9/ 5251.8

Support for Nifty: 5011.85/ 4967.1/ 4872.2