Saturday 29 December 2012

Volatility may rise going forward as US is about to ' sneeze ' causing global markets to contract ' flu '.

Sunday 23 December 2012

No clear trend seems to be emerging for Nifty.
5825 -- 5840 zone may be used to go long on Nifty for an upside target of 5925.

Thursday 13 December 2012

Nifty may remain sideways for sometime in the range of 5800 -- 5940.

Monday 3 December 2012

Would it be wise to go long on Nifty after it has rallied from 5600 to 5900?

Thursday 29 November 2012

Market is overheated with two strong days of rallying.
Stay away from Nifty for sometime.

Sunday 25 November 2012

All eyes on the US Fiscal Cliff.
Market will be watching the Indian parliament's winter session.
5800 may be revisited on the upside.

Sunday 11 November 2012

The Sweet Smell Of Flowers
The Array Of Colors
Diwali Is Here
Firecrackers Are Heard
Candles Are Lit
Diwali Is Here
Presents Are Given
We Pray To The Gods
Diwali Is Here.

HAPPY DIWALI
to all the viewers.

Friday 2 November 2012

Sunday 28 October 2012

Market is showing signs of fatigue on the upside.  Presuming that the market is stll in an uptrend, 5625 -- 5635 zone should be used for buying for an upside target of 5725. 

Closing below 5625 may see market going down to 5500 -- 5480.

Sunday 16 September 2012

5800 seems to be a possibility on the upside, thanks to QE3  and the extension of Operation Twist by the Federal Reserve Bank of USA and the Central Government's  Reform Policies.

Monday 20 August 2012

The current uptrend seems to be exhausting. Nifty may see resistance in the 5500 -- 5525 zone.

Saturday 28 April 2012

Market seems to be in a state of eerie calm before the 'tempest'. Nifty is treading dangerously below 5200 on closing basis. On the upside, market may find it difficult to surpass 5240 -- 5270 zone.

Sunday 22 April 2012

Nifty is precariously poised at current levels. On the downside, 5150 -- 5175 zone may be tested.

Saturday 14 April 2012

But for the RBI Policy on Apr. 17th, Nifty could see resistance in the range of 5300 -- 5325.

Saturday 7 April 2012

With earnings season ahead, it will be interesting to see how the markets will pan out?
A close above 5450 or a close below 5250 with strong volumes should see the beginning of a new trend.

Tuesday 27 March 2012

Nifty View till this Weekend

Nifty may broadly remain in the range of 5200-5400 with a downward bias. I won't be surprised if Nifty witnesses 4800 in the near future.