Wednesday, 13 January 2016

Market View 14th Jan 2016

Yesterday's market has shown a great sign of confidence with market
recovering most of the loss it made earlier during the day.

This is a sign early reversal. Now tomorrow market needs to hold
and close above 7562 and continue to move towards 7600 to give
confirmation. If that happens then it would now be a great reversal
of trend and we may see market now towards 7800-8000 again.

With almost one year in a range and consolidation, market may
now get ready for a massive rally.

Buy Nifty at these levels, downward risk is just 50 points and
upward potential is close to 400-500 points.

Wednesday, 4 November 2015

Market View - 5th Nov 2015

You can see that from the time i had mentioned selling at Nifty around 8300 range,
market has failed to move up and started falling and now around 8000 is a temporary
support.

The Support at 8000 can temporarily support but may not be able to hold for long time.
It has already given a bounce one time and tried crossing 8100 but could not sustain.
This may repeat again and probably it may cross 8100 and give a feeling that now it
will start moving up again but this series would see lower levels.

So do not get trapped at any buying. This series would be sell on Rallies. Whenever
market would try to move up and fail, you would get very good shorting opportunity.

We can see levels of 7800 in this series and if it fails to hold, we may see more
blood bath. So hold on with cash for any buying. Once it sustains, there is definitely
a good opportunity to buy for long term perspective.

Banks have almost consolidated for a long time and now after the correction, it would
be best time to invest with them. 

Wednesday, 21 October 2015

Market View - 21st October 2015

Till now market has been positive, but now it is loosing steam.

There is gap at 8320 and nearby that it has taken resistance. The option data
suggest that for this month, we may see market in the range between
8000-8300.

So now it is better to be on the selling side. So book all profits and wait for
the dip to buy.

Sell Nifty Futures @ 8250-8260
SL 8320
Target 8180, 8130

Duration - 2 to 3 days

Tuesday, 8 September 2015

Market View 9th Sep - 9:30 am

Looking at the way now the options data is emerging, market is headed
for a big movement on the upside.

You can see that I have been recommending to buy as the downside is
limited. Now the major reason for the big fall (Bank Nifty) will take
lead and you can see big movement on the upside.

Keep buying on all dips and see the market moving towards 8000-8200
in the coming days.

Saturday, 5 September 2015

Market View 7th September 2015

Market is still not stable and not able to hold and support. We need to wait
for right opportunity for trade. But for all investors, this is right time to
keep buying at lower levels with atleast 2-3 year horizon and you could
expect huge rewards over period of time.

Now the entire concentration of options have shifted from 7800 to 7500,
suggesting that the downside is still there.

Tuesday, 1 September 2015

Market View 2nd September 2015

Market now looks very attractive and this is a place you should start
buying. Panic in the market has ensured all weak players are away
and smart money will start buying at this level.

Looking at option data, the maximum downside is around 50 points
and now the series can see a good price wise movement towards
8200-8300 in the coming days.

Buy on every dip and we should start seeing market moving back
to its earlier ranges of 8300-8500 once the initial hurdles of 8100
is taken away.

Wednesday, 26 August 2015

Market View - 27th Aug 2015

As I had explained earlier, market has fallen deeply and now most of us are afraid of the
market and there is panic in the mind of people and here we can get best deals for the stocks.

There is not much downside in the market and when market re-test its previous low, it will
be best place to buy and we will see a big upside movement in the market. So keep your
cash ready for buying and you will see that it is the best investment opportunity for this
year.