Market Update - 21st April 2015 - 11:30am

Market fell below our support levels and now it is getting worse.

Wait for market to settle and do not be brave to buy anything, market can move towards
8000-7800 in the coming days

Market Update - 20th April 12:30pm

Market has started taking support @ 8530. This is ideal place to cover
any short positions if anyone have and take long positions and sit tight
with all the long positions as market will head towards making new
highs either in this series or next series.

Banks have been supporting and market can move higher only with help
of banks and now you would see that happening.

Buy 8700 or 8800 call option and hold till expiry

Market View 20th April 2015

Market took resistance @ 8850 and have been correcting, but this is just
a short term correction and the buying will start again.

Nifty has strong support @ 8550-8600. This is an opportunity to buy and
hold long positions tightly.

Market should resume its upmove in the next 1-2 days. This series is for
buying on every dip and all correction needs to be used for buying only.

Market View - 10th April 2015

As mentioned earlier, market is looking strong. The strength is increasing
now Banks have started supporting.

Next important resistance for Nifty is @ 8850 and Bank Nifty @ 19350

Market View - 8th April 2015

Market has shown its resilience. The momentum looks quite strong
and all dips should be used to accumulate good stocks.

Banks have no more negative news left out and now they should start
supporting the market. Just after RBI has kept its stand that it wont
cut rates until banks do, already SBI and HDFC bank have announced
the base rate cut.

We may be able to see a surprise CRR or Repo rate cut in the coming
week, so hold Nifty and Bank Nifty with Sl below 8550. 

TCS Update

TCS has achieved all our targets. It has resistance around 2630.
Once it is crossed, it can move higher.

All short term traders can look for booking profits

Buy TCS @ 2530-2535

Buy TCS @ 2530-2535
SL 2515
Target 2550, 2580, 2600
Duration - 1 week

Market View - 7th April

Market can open up positive and may stay positive till 11am in the
anticipation of rate cut.

Nifty has strong resistance around 8750-8780 levels.

Bank Nifty needs to trade above 19000 levels if there are any rate cut
happening. Overall market has discounted that there will not be any rate cut
and hence after the announcement is over, if market corrects and form a base,
look for opportunity to buy.

IT sector will be good place to start investing. Look for opportunity to Buy
in TCS, Infosys, HCL Tech

Apollo Tyres - Achieved All Targets

You can see now that Apollo Tyres have achieved all our targets

Now stay away from the counter as it may either consolidate or
correct from the current levels.

Market Update - 6th April - 1:45pm

Market has taken support at important level and now ready to move higher.

It can test 8700-8750. These are resistance area, need to look for booking
profits at these levels.

Market Update - 6th April 2015 - 9:40 am

The Nifty Future premiums have come down drastically suggesting that
the short covering rally has lost its steam.

Now any sharp upmove should be used to move out of all long positions.
Market may correct and retest 8500-8400 levels.

You can go short on Nifty with stop loss above 8700 (closing basis).

Market View - 6th April 2015

Market has holiday till 5th April.

On Friday, USA market would declare non-farm payroll data which
can give some trigger for the market and Tuesday, we have RBI
policy meet.

Market may give some correction if on Tuesday, we see no rate cut.
But the correction would be good opportunity to Buy.

Right now support for the market is around 8350 and resistance
would come around 8700-8750.

Yes Bank Update - 4% up

Yes Bank has also broken from the range and has surpassed
our target of 830 and closed around 850 levels.

In the coming days, it can even test 880-900.

Apollo Tyres Update - 4% up

You can see that Apollo Tyres has given a strong upmove
and closed with more than 4% up.

The momentum can continue further to take it towards 180