220609

NIFTY CAN MOVE UP TILL 4445.CROSS OVER CAN BE CONSIDERED GOOD FOR THE MARKETS WHICH CAN TAKE THE NIFTY TILL 4525 AND THERE AFTER ATTEMPT FOR A NEW HIGH WITH THE OUTCOME OF THE BUDGET.STRICT STOP LOSS SHOULD BE KEPT AT 4190-4150 FOR THE NIFTY.

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300509

RESISTANCE FOR THE NIFTY AT 4530-4640. RUMORS IN THE MARKET: CRR RATE CUT EXPECTED IN A DAY OR TWO.BANKING AND REALITY STOCKS WILL BE ON FIRE.BOOK PROFIT AT HIGHER LEVELS. BUY PSU REFINERY STOCKS BPCL AND HPCL FOR SHORT TO MEDIUM TERM.

300509

270509

250509

NIFTY HAS BEEN RANGE BOUND LAST WEEK AFTER MAKING A ROCKING MOVE.ONE CAN STAY LONG WITH TILL NIFTY HOLDS ABOVE THE SUPPORT OF 3800 ON THE HIGHER SIDE NIFTY HAS RESISTANCE AT 4539-4645-5075.STOCKS TO WATCH OUT FOR IN THE COMING WEEK ARE DISH TV AND GEODESIC INFO.

MARKET VEIW

THE CONGRESS PARTY HAVING WON THE ELECTION WILL HAVE GOOD EFFECTS ON THE STOCK MARKETS NOW. MARKET WILL OPEN WITH A GAP UP .MARKET WILL OPEN ABOVE 3735 AND CAN TOUCH 3815 IN A DAY OR TWO.LOT WILL DEPAND ON WHO WILL BE THE NEXT FM, IF THE CHOICE AS EVERY ONE IS NOW SAYING ABOUT MR.MONTEK SINGH WILL MAKE THE SENTIMENTS MORE BULLISH IN SUCH A CASE THE BOTTOM WILL NOW BE ABOVE 3400-3500 AND WE MAY NOT REVIST THE LOWS.ONLY ISSUE WILL THE WORLD ECONOMY WHICH IS STILL NOT GIVING THE CLEAR INDICATION THAT THE WORST IS OVER.BUT ALL SAID AND DONE WE WILL BE CLEARLY NOW SEEING THE MARKET MOVING UP WITH STERNGHT.IF ANY CORRECTION COME IT WILL BE A OPPORTINUTY TO INVEST.DO NOT LET THIS OPORTINUTY GO.
STAY LONG WITH THE SYOPLOSS OF 3450. NIFTY HAS RESISTANCE AT 3815-3905-4000.
KEEP YOUR EYES ON PSU STOCKS LIKE HPCL & BPCL AND ALSO ONGC. NTPC AND POWER GRID CAN GET A BOOST. INFRASTRUCTURE AND FERTILIZER STOCKS WILL ALSO MOVE UP.