A portal updating stock market news....

Sensex, Nifty continue to rise

2015-12-21T14:23:00.001+05:30

Sun Pharma sinks 7% on warning letter but analysts bullish.One can Enter at these levels for a long term view.

Wednesday had a volatile trading session...

2010-12-15T15:58:00.000+05:30

The Sensex had a volatile trading session on Wednesday.As discussed before it is a stock
specific market,their are many stocks which are a good buy on dips.MOIL IPO listed today
lost the faith of investors,giving a strong opening in the morning it continuosly slipped
down on charts and closed at 464 after making an intraday high of 590.The selling presure
continuosly hampered the indices to regain from the lower levels.
NTPC as discussed yesterday,is now in a safer zone of buying(190-195) for a target
of 210 in 2-3 trading sesions.The European Markets(CAC and FTSE) both opened in red
zone and were not able to pull back to positive zone.NIFTY gave a closing below 5900 levels
which was a crucial level for the Indian Market.The sentimental behaviour of the investors
is not in a mood to change.The FII are not giving any signs of flow,which means that for
several trading sessions the Stock Market will trade in a range bound zone.

See dips for buying good stocks which are dorment and have not participated from a long time
in the rally.

Tuesday at a glance...

2010-12-14T15:57:00.001+05:30

The stock market on Tuesday's trading session was strong as expected.The reports were very much clear and my predictions and calls went strong.The whole week Nifty will trade in a positive zone as I mentioned in my previous blog.I recommended UFLEX,which gave more than my target.

The Indian Stock Market is trading near its 89 days moving average.NTPC is a buy recommendation on
dips for a short term target of 210.Their are many buy opportunities in the current market.

For any queries you can follow the blog and drop a question below.

Stock Recommendation:->Buy MTNL(53)for a short term target of 56

Sensex give a bounce back as the European Marrket shows strength..

2010-12-13T19:12:00.002+05:30

The Indian Stock Market opened positive today in the morning,but the index slipped down in the afternoon.The European Markets gave a positive opening and showed strength apart from the effect of the Indian Market trading in the red zone.

As the CAC and FTSE traded strong which also made the Sensex to pull back from the lower levels.The Sensex gave a strong pull back from the downside.The whole week,Nifty will trade in a positive zone.
The Market as left is stock specific.The upcoming IPO of Punjab and Sind Bank is offering 40 crore equity shares in its issue.Its a 100% government undertaking which will become 82.07% after the issue opens,its a must "Buy".

Results:

1)Uflex(Recommended on Thursday)->target 180 achieved in 2 trading sessions.

2)Indosolar(Recommended on Thursday)->going strong to my call.

Stock Market on Monday....

2010-12-12T20:00:00.001+05:30

The Indian Stock Market suffered a huge selling pressure whole week.The week ended with a days positive indices,but overall Sensex was in the negative zone.Nifty also slipped down,it was RELIANCE and ICICI Bank,which managed to pull the index upside on fridays trading session.

As the credit policy of Reserve Bank of India is to be reviewed on 16th of this month,it is most likely that the interest rates can be increased with some basis points.The exhange is likely to repull from the lower levels,a fresh buying is expected to come on monday.FII and DII activities are also going for a fresh buy.The market is more stock specific rather than sector specific.The stocks recommended by me are moving strong towards their target.If not able to enter look for the small correction in the market and then enter as given in my previous blog.

Recommendation:
Punjab and Sind Bank IPO is a must buy for atleast 10% returns on the day of listing.

The Bull got some strength as the sensex pulls back from the lower levels.....

2010-12-10T15:19:00.001+05:30

Sensex after suffering from heavy selling pressure on Thursday`s trading session.
The Indian Markets opened in negative zone and after few minutes the bull managed
to get up with strength.The stocks which were closed at their lower circuits recovered
well as the market recovered with strong buying.
Still the market is in nowhere zone,yesterday I mentioned about the 5700 nifty
support.It will be a crucial support,if the nifty sustains above 5700 levels then we
cansee a short term target of 6000 levels.Some of the stocks like Deltacorp are in the
danger zone,but if bought below 85 can give a short term target of 110.

Its a short term pull back of Markets,be "CAUTIOS"

Sensex falls,heavy selling brings the bull down....

2010-12-09T15:42:00.000+05:30

The Indian Market is feeling the heat,the heavy selling pressure makes best stocks of the year hit their lower circuits.Hanung Toys,Jindal Cotex,Midfield,Sujana Tower and many more are caught at their lower cicuits.The investors are undergoing heavy pressure due to the selling.
Stocks which showed strength for the whole 2010 year are now down.Banking sector is also falling because of the fear of raising interest rates by Reserve Bank of India in its credit policy review on 16 Dec 2010.European Markets are also falling,failing to resist the global breakdown in the faith of investors.
Though the sensex have fell so much but its not a long term crash,a stiff resistance is placed at 5700 levels in Nifty.Entering banking stocks at these levels is risky,wait for the credit policies to come.

Stock Recommendations(Buy):
1)Uflex at 150 levels for a short term target of 180
2)Indosolar between 22-23 for a target of 25 in 2-3 trading sessions.

Uflex reviews(Buy or Sell)....8 Dec 2010

2010-12-08T15:26:00.000+05:30

The Indian Market Suffered a huge selling pressure on Wednesdays trading session.Bank nifty also crashed due to the impulsive behaviour of the Indian Stock Market.

Uflex opened on 170 after hitting the lower circuit on the Tuesdays trading session.As of now the stock is lacking the interest of investors,the price is not holding up for Uflex.The stock is in a range of high risks.

It can be the pick for Intraday Traders but not for the Investors.According to the market news,its just a sentimental behaviour of the investors.Uflex is not a Propriertership its a Limited Company,its just one of the employees has done a fault,so not much to worry. To enter into the stock wait for the price range of 135-145 and hold the stock who have buyed it at higher levels.Just wait for the good price for averaging at lower levels.

Its a "HOLD" recommendation

Uflex down by 20%,hits the lower circuit.....

2010-12-08T02:31:00.000+05:30

It has been a disastrous trading session on 7th of dec 2010 for Uflex as the stocks hits the lower circuit on BSE and NSE.This happened when the news came across about the imprisonment of the CMD of the company Mr.Ashok Chaturvedi.

He was found guilty in the noida land scam along with former Chief Secratary of Uttar Pradesh.They both are imposed a fine of Rs 50,000 and 4 years imprisonment.
The Indian Stock Market is very much emotionally driven.As the news hitted the market,the stock lost the trust of investors and slipped 20% and closed on the lower circuit.

The fact around this sentimental behaviour is because the investors are worried about the global impact which Indian market gets from the global markets.As Uflex has been a trustworthy stock for investors,after seeing all this it is very much clear that investors are losing patience and trust in the Indian Market.