High movement with satyam due to last day in FO expirey....now lets see which way will it move again...btr wait and watch in making new position with this counter...
now it looks that engineers heavy weight bhel, lt may be the willian for the marktet..mkt will become weaker below 2780...
hold your short at 2850 (cash) strict stop loss looking at current dow movement we may see gap down opening atleast 50/75 points nifty in opning trade tomorrwo,,,
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Thursday, January 29, 2009
Wednesday, January 28, 2009
29/01/2009 mkt view
SATYAM!!!!!!!!!! hope you have picked them atleast little from the point of 30/31...still there is no look back with this counter
At current stage what should be price..very difficult to judge unless it change its trend......right now it has only one trend.....go up and up and up..
for tomorrwo martet is weak below 2800 level only.... it has good support with RELIANCE & SBIN so no problem with them but the problem may come with other biggies like BHEL, ICICI BANK,,,,
lets hope mkt will give settlement around 2800/2850....
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
At current stage what should be price..very difficult to judge unless it change its trend......right now it has only one trend.....go up and up and up..
for tomorrwo martet is weak below 2800 level only.... it has good support with RELIANCE & SBIN so no problem with them but the problem may come with other biggies like BHEL, ICICI BANK,,,,
lets hope mkt will give settlement around 2800/2850....
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Thursday, January 22, 2009
23/01/2009 mkt view
tomorrwo still 2650 remain the important support for the marker...but looking at current DOW position looks like that mkt may open way below this level....
so now the question arise what should do now should we buy at this time or short furter....(thanks god we have only two option)
The better option will be sell if RELIANCE AND ONGC both are weak...reliance has support at 1080 and ongc at 640 only below this mkt will remain weak...
from here mkt has headed towards 2550 untill it gives close above 2750 tomorrwo on intraday basis..
DISCLIAMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
so now the question arise what should do now should we buy at this time or short furter....(thanks god we have only two option)
The better option will be sell if RELIANCE AND ONGC both are weak...reliance has support at 1080 and ongc at 640 only below this mkt will remain weak...
from here mkt has headed towards 2550 untill it gives close above 2750 tomorrwo on intraday basis..
DISCLIAMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Wednesday, January 21, 2009
22/01/09 mkt view
still no hope for the market..
No surprise if tomorrwo mkt dont break the level of 2650 and sustatin upto 2750+...if such a situation happen just track the market how much it wants to go upto the level ...long position should be carried over only above 2880 strictly,,,, below this level bear has its own rule....
We expect by expirey maximum downside psbl upto 2550 and maximum upside is only upto 2880.. not surprise if settlment comes areound 2800/2850 level...all the heavy weight are in pressure....For tomorrwo RELIANCE will get weaker below 1080 and ONGC below 640...
Take a close look on SATYAM from here it may go upto to 34/35 level...
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
No surprise if tomorrwo mkt dont break the level of 2650 and sustatin upto 2750+...if such a situation happen just track the market how much it wants to go upto the level ...long position should be carried over only above 2880 strictly,,,, below this level bear has its own rule....
We expect by expirey maximum downside psbl upto 2550 and maximum upside is only upto 2880.. not surprise if settlment comes areound 2800/2850 level...all the heavy weight are in pressure....For tomorrwo RELIANCE will get weaker below 1080 and ONGC below 640...
Take a close look on SATYAM from here it may go upto to 34/35 level...
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Monday, January 19, 2009
20/01/2009 mkt view
Today was quite lack luster... today only reliance/ ongc played its good part in the market...
Just one liner dont initiate your long unless mkt closes above 2880 on closing basis...
A special advice to trader.. Use upmost of your margin you have given to your broker...e.g. if you have deposited Rs. 30000 with your trader and you are regularly playing mini nft whose margin is nearly 10k to 12k.. use this first 30000 only to your first position in mini nifty.. if you are making any new position strictly always make that position at 100/150+ points avg..so it gives you to make maximum use of your margin with your broker.
Discussing with my own position I have short mini nifty at 2722... resistance only at 2880.. if tomorrwo mkt again fail to go above this level i will short another mini at this strict stop loss and if this stop loss hit, means i avg. above 100+ nifty making full use of my margin,if this stop loss hit i will necessarily make approriate position with RELIANCE/ONGC..but i will hold my one short nifty...and try to get its price lower with other positon....this sort of situation arise only when mkt is rangebound with a very little movement as it gave today....
Many of you must be thinking curious about my trading...but this requires a great discipline and great study...you follow the same you will know the magic
BLOCK DEAL- Deutche securities bought 37,50,000 satyam at 26.18
SICOM sold 81,20,000 unitech at 27.24
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Just one liner dont initiate your long unless mkt closes above 2880 on closing basis...
A special advice to trader.. Use upmost of your margin you have given to your broker...e.g. if you have deposited Rs. 30000 with your trader and you are regularly playing mini nft whose margin is nearly 10k to 12k.. use this first 30000 only to your first position in mini nifty.. if you are making any new position strictly always make that position at 100/150+ points avg..so it gives you to make maximum use of your margin with your broker.
Discussing with my own position I have short mini nifty at 2722... resistance only at 2880.. if tomorrwo mkt again fail to go above this level i will short another mini at this strict stop loss and if this stop loss hit, means i avg. above 100+ nifty making full use of my margin,if this stop loss hit i will necessarily make approriate position with RELIANCE/ONGC..but i will hold my one short nifty...and try to get its price lower with other positon....this sort of situation arise only when mkt is rangebound with a very little movement as it gave today....
Many of you must be thinking curious about my trading...but this requires a great discipline and great study...you follow the same you will know the magic
BLOCK DEAL- Deutche securities bought 37,50,000 satyam at 26.18
SICOM sold 81,20,000 unitech at 27.24
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Sunday, January 18, 2009
19/01/2009 mkt view
Rally again!!!!!!!!! almost 100 points from days low in previous trading session...
Now the question arise will it sustain.... its difficult to say since all rate sensitive stocks were under pressure on friday including sbin, icici, hdfcbank, hdil,gmrinfra,unitech
for us mkt is good above 2850 and then resistance at 2880 only dont initiate any long position untill these twor lines are crossed... one can short gmr infra at 76 strict stop loss and hdfc bank at 980 strict stop loss...
again cement stocks are under pressure...only one hope for the market is RELIANCE AND ONGC they were only lead the market on friday.. if they sustain we may see a higher points tomorrow...
BULK DEAL- IFCI LTD. has sold nearly 17500000 shares of unitech at 29.52 price.
DISCLIAMER - ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Now the question arise will it sustain.... its difficult to say since all rate sensitive stocks were under pressure on friday including sbin, icici, hdfcbank, hdil,gmrinfra,unitech
for us mkt is good above 2850 and then resistance at 2880 only dont initiate any long position untill these twor lines are crossed... one can short gmr infra at 76 strict stop loss and hdfc bank at 980 strict stop loss...
again cement stocks are under pressure...only one hope for the market is RELIANCE AND ONGC they were only lead the market on friday.. if they sustain we may see a higher points tomorrow...
BULK DEAL- IFCI LTD. has sold nearly 17500000 shares of unitech at 29.52 price.
DISCLIAMER - ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Thursday, January 15, 2009
16/01/2009 mkt view
Its all about BLOODBATH.....now we expect this bear to rule market upto 2500/2540 level..
again some stimuluoe is coming with OBAMA on 20 th january so we careful in big short position.... better cover your short with 2500/2540 around level....
Resistance for market will be 2850 tomorrow, closing above this level may turn the market only...
market is trend is downside think twice before carrying in postion at buy side...
DICLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
again some stimuluoe is coming with OBAMA on 20 th january so we careful in big short position.... better cover your short with 2500/2540 around level....
Resistance for market will be 2850 tomorrow, closing above this level may turn the market only...
market is trend is downside think twice before carrying in postion at buy side...
DICLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Wednesday, January 14, 2009
15/01/2009 mkt view
From today i will try to get bulk deal data for our blog... some important bulk deal at exchanges will be also added to our blog...
pull back rally quite expected but still makrt is not out of danger, tomorrow closing above 2900 can only give some breathe to market but looking current foreighn markt situation not supportin this condition.
tomorrwo mkt support at 2740 and next at 2710 spot nifty below that mkt may headed for 2540...better not to initiate any huge long at this time.
finally cement counter has come under squese one can think as a better shorting option at current time
BULK DEAL- citigroup subsidiary buy 1875000 share at 117.63 of IBREAL
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
pull back rally quite expected but still makrt is not out of danger, tomorrow closing above 2900 can only give some breathe to market but looking current foreighn markt situation not supportin this condition.
tomorrwo mkt support at 2740 and next at 2710 spot nifty below that mkt may headed for 2540...better not to initiate any huge long at this time.
finally cement counter has come under squese one can think as a better shorting option at current time
BULK DEAL- citigroup subsidiary buy 1875000 share at 117.63 of IBREAL
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Monday, January 12, 2009
13/01/2009 mkt view
No hope at current level... totally no grip over market for the bulls...
Take reliance, sbin, infosys, and now wipro also joining SATYAM in some way...
there are many still many news which may give clear picture of the market that what other counterpart of SATYAM are still unearth...
Today market break the important level of 2780 and frome there bear starts it may long upto 2500/2550 points looking at current foreighn clues and domestic clues..
in such market better play with nifty, reliance, ongc, sbin,....you can predict them easly compare to other...
after end of the day how much you have made will count not in which scripes you have traded... earn smartly
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Take reliance, sbin, infosys, and now wipro also joining SATYAM in some way...
there are many still many news which may give clear picture of the market that what other counterpart of SATYAM are still unearth...
Today market break the important level of 2780 and frome there bear starts it may long upto 2500/2550 points looking at current foreighn clues and domestic clues..
in such market better play with nifty, reliance, ongc, sbin,....you can predict them easly compare to other...
after end of the day how much you have made will count not in which scripes you have traded... earn smartly
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Sunday, January 11, 2009
12/01/2009 mkt view
This satyam saga has come out with new sort of trading mentality among traders...
They buy in bulk at 80/90 on the very next day they are ready to averge at 50% lower than that understanding nothing that what happens to them if another 50% down in coming days...
Out of this one must realise that "If you know and loss the money is acceptable but if you dont know and loss lots of money is never acceptable for trading in any market"
For us market has definetely broken the trend but packed a support at 2780 which was marked at out previous post, now so again shorting should initiat only below this level and now market news has been positive looking at some development with SATYAM... which may give some +ve sign tomorrwo to satyam, personally thinks it should be used as an exist opertunity than buying new shares...tomorrwo RELIANCE AND SBIN needs to support market to take nifty again above 3000...
If any one has BTST on friday trade if market permits first exist from that....
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
They buy in bulk at 80/90 on the very next day they are ready to averge at 50% lower than that understanding nothing that what happens to them if another 50% down in coming days...
Out of this one must realise that "If you know and loss the money is acceptable but if you dont know and loss lots of money is never acceptable for trading in any market"
For us market has definetely broken the trend but packed a support at 2780 which was marked at out previous post, now so again shorting should initiat only below this level and now market news has been positive looking at some development with SATYAM... which may give some +ve sign tomorrwo to satyam, personally thinks it should be used as an exist opertunity than buying new shares...tomorrwo RELIANCE AND SBIN needs to support market to take nifty again above 3000...
If any one has BTST on friday trade if market permits first exist from that....
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Wednesday, January 7, 2009
09/01/2009 mkt view
Here we now can say THE TREND HAS CHANGED COMPLETELY.......
for us two players were only the key sbin and reliance....but it was nicely accompnied with satyam story...
now the trande change may seen above 3000 only below that its difficult for bulls to overcome bears...now the support for reliance is somewhere around 1150 sbin is 1200 and nifty is 2780....
stay away with SATYAM (with {0} cash in balance sheet still at Rs. 35/40 looks costly)...
for us two players were only the key sbin and reliance....but it was nicely accompnied with satyam story...
now the trande change may seen above 3000 only below that its difficult for bulls to overcome bears...now the support for reliance is somewhere around 1150 sbin is 1200 and nifty is 2780....
stay away with SATYAM (with {0} cash in balance sheet still at Rs. 35/40 looks costly)...
Tuesday, January 6, 2009
07/01/2009 mkt view
Yesterday we were doubty for market and the jumbo(sbin) play its part....
The same condition for reliance tomorrwo... if in a couple of days it again start trading above 1420 than again some bull may run,,,but if the sbin joins hand with him in breaking markt no wonder we may see again 2980/3000 level in a couple of days.
Surpsisingly ACC/GRASIM rocks the market today and almost more than 5% up form theri openings...charts shows very high volume in compare to other.. tomorrow make difficult to sustain at this level....
The first condition to short nifty tomorrow is make sure RELIANCE IS weak as SBIN is today...
if happen so dont just short nifty but short RELIANCE too..
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
The same condition for reliance tomorrwo... if in a couple of days it again start trading above 1420 than again some bull may run,,,but if the sbin joins hand with him in breaking markt no wonder we may see again 2980/3000 level in a couple of days.
Surpsisingly ACC/GRASIM rocks the market today and almost more than 5% up form theri openings...charts shows very high volume in compare to other.. tomorrow make difficult to sustain at this level....
The first condition to short nifty tomorrow is make sure RELIANCE IS weak as SBIN is today...
if happen so dont just short nifty but short RELIANCE too..
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Monday, January 5, 2009
06/01/2009 mkt view
Quite confusing market, Market is not giving indication of bear rule but we are reluctunt to make any huge position...
The reason may be
* we are bomb bared with 3150 level resistance
* we are bomb bared with still previous low of 2200 or bla bla..
* and any more reason if you reader find u can share with me....
i have only one fear for this market. It may again lure retail investor to pick the scripes at high and again may repeat the worst....
Its difficult to say at this juncture upto what high this market may go still... again some stimulous coming with US economy also...
The main worry is market is moving with the news not with the effect of the measure..
The big question is that if these measure dont work what next???????
Now speaking in layman trader language now we wish sbi also lead the rally as RIL did today....if it crosses 1400 above in couple of next trading session...bear still to wait to enter into market
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
The reason may be
* we are bomb bared with 3150 level resistance
* we are bomb bared with still previous low of 2200 or bla bla..
* and any more reason if you reader find u can share with me....
i have only one fear for this market. It may again lure retail investor to pick the scripes at high and again may repeat the worst....
Its difficult to say at this juncture upto what high this market may go still... again some stimulous coming with US economy also...
The main worry is market is moving with the news not with the effect of the measure..
The big question is that if these measure dont work what next???????
Now speaking in layman trader language now we wish sbi also lead the rally as RIL did today....if it crosses 1400 above in couple of next trading session...bear still to wait to enter into market
DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
Friday, January 2, 2009
05/01/2009 mkt view
friends at this juncture bear has less hand than bull over market no doubt..
But the main question is that will it survive or fail like previous all market rallies. There are scripes like bhel/ lt, gmr which are not in bear grip...
But the real problem may arise with ADAG AND RIL group...
Rcom good only above 260 closing basis, rel above 650 closing basis only...
Better not to initiate aggrassive buy position and dont keep ur position open better to hedge than exclusive trade.
DICLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
But the main question is that will it survive or fail like previous all market rallies. There are scripes like bhel/ lt, gmr which are not in bear grip...
But the real problem may arise with ADAG AND RIL group...
Rcom good only above 260 closing basis, rel above 650 closing basis only...
Better not to initiate aggrassive buy position and dont keep ur position open better to hedge than exclusive trade.
DICLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY
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