BSE NSE stock of the day

Wednesday Trading strategy for the traders.

2014-06-10T20:17:00.000-07:00

There is something important to check out there in the nifty chart pattern, i know most of you have recognized yesterday's closing pattern and the clean RED signal after a bullish trend . As i had also said in my previous post regarding the market major support levels so it holds good at this time and still i am going to update new support levels which are formed in the uptrends.

But let me show you the important chart pattern which is formed rarely and if formed wont be accurate to take decision- HANGING MAN & HANGING MAN REVERSAL lets take a look at the basic formation and the pattern looks like and what signal it reflects.

HAMMER

If Hammers is formed in either uptrend or in down trend its clear with the BEARISH signal.

When Hammer is formed after certain previous consecutive bullish candels its clear and sure of BEARISH signal in the markets (pattern is showed below)-

HANGING MAN REVERSAL

Now let us see in the EOD Nifty Charts.

Trading Strategy on the bearish signal-

If the market opens in the negative and stays below the level of S 1 = 7620 (support level) and stays there for more than 20 mins and breaks that its the conformation for the sustaining bearish mode.
the next important support level is S 2 = 7580 there lies strong support if it is penetrated with huge volumes the no more conformation its clear for the time to SHORT in the market and mint money.
finally this support level S 3 = 7495 its a bounce back ribbon here markets can change the face by taking the reversal and its confirmed only with the previous day market closing chart pattern.

Happy Trading...!!!

Close look towards the coming market status of nifty - 2014 June onwards.....

2014-06-04T19:57:00.001-07:00

Hello ,

Its clearly seen as the market is overbought in this current market status reaching new heights so its high time to pack bags and move for an holiday after winding up positions. But, great days are ahead for option players...

nice time to mint money ....!!!!

here is the chart i am posting with some of the important levels.

In this above chart u can see the levels indicating - S 1, S 2, S 3, S 4, S 5,S 6... these are the high support levels which traders need to be care full of...

S1 = 7340 the first level which is sure to be broken in another two sessions and then comes the next level,

S2 = 7263 if this is broken with high volumes then this is the confirmation for the downtrend for the level reaching S 3 = 7118 if the volumes are huge.

S 3 = 7118 is being the major support there are possibility of bounce back also but its conformed only with volumes traded.

BUY nifty put option for the strike price 7300 ( June contract).

Thumbs UP !!

TRADING STRATEGIES FOR MONDAY MORNING (15 july 2013)

2013-07-14T01:10:00.000-07:00

Watch out for tomorrow in NSE (trading strategy)

Formation of DOJI candlestick pattern on friday 12 JULY 2013

CONFIRMATION

Formation of DOJI CANDLESTICK pattern in an Uptrend and its also conformed previously on thursday by opening in green and closing in green after giving a force momentum of around 68 points. Its conformed by DOJI on friday that market is overbought at this point of time. Short term reversal is seen shortly. Probably on monday morning(15 july 2013).

TRADING STRATEGIES FOR MONDAY MORNING

(15 july 2013)

Chart

FOR BEARS

If monday market opening is below 5993 level and sustains in that level till 9:45 from pre opening.. its is conformed that market has taken a down trend for monday market.

Here comes the next level - MAJOR support level of 5967. If nifty breaks 5967 level with good volumes then likely to have blood bath for monday.

After breaking of 5967 level then comes the level of 5938 another major support level.

FOR BULLS

Its time for Bulls to wrap up their positions or holdings for short term and book profits safely to avoid risk.

If and only if the nifty opening is above 5993 level and sustains there then more possibility of market taking a force upward momentum and can reach to resistance level 6018 in morning itself.

Then comes another resistance level of 6038 which is also new high for this july.

TIP FOR MONDAY = BUY NIFTY 5800 PUT OPTION

FREE STOCK OPTION TIPS..

2012-11-29T11:41:00.000-08:00

FREE STOCK OPTION TIPS FOR 30 NOVEMBER 2012

OPTIONS

STOCKS FOR SWING TRADERS....!!!

Stock script		Resistance / Targets R1 R2		STOP LOSS		BUY CAL OPTIONS
NMDC		164.40	167.20	159.80		165 CAL OPTION

PUT OPTIONS

Stock script	Support Level S1 S2		Resistance Level (R1) / SL	BUY PUT OPTIONS
HINDALCO	111	107.50	114.45	110 PUT OPTION

ITC	295	290	300	290 PUT OPTION

BHARTHI AIRTEL	321	312	337	320 PUT OPTION

TATA STEEL	375.20	365.50	380	370 PUT OPTION

NIFTY TECHNICAL REVIEWS FOR 30 NOV 2012

2012-11-29T10:22:00.000-08:00

TECHNICAL ANALYSIS ON NIFTY 30 NOV 2012

WELL MARKET IS IN UPTREND .. SO LETS WAIT FOR THE NEXT SIGNAL TO DETECT THE FUTURE TREND OF THE MARKET...

IT SEEMS TO BE THE MARKET WILL HAVE A HOLT ON THIS NEW LEVEL.

MARKET IS OVER BOUGHT AT THIS STAGE SO ITS BETTER TO STAY OUT OF MARKET AND WAIT FOR THE CORRECTION TREND TO COMPLETE.

RESISTANCE 1 = 5833

RESISTANCE 2 = 5860

SUPPORT 1 = 5790

SUPPORT 2 = 5735

STAY TUNED FOR FURTHER STOCK OPTIONS UPDATES.

TARGETS ACHIEVED..

2012-11-26T21:46:00.000-08:00

YEAH....!!! ALL TARGETS ACHIEVED..!!

AS WE SEE NIFTY BREAKS MAJOR RESISTANCE LEVEL OF 5685... AND ALL THE CALLS GIVEN ON STOCK OPTION OUT PERFORMED..

STAY TUNED FOR FURTHER UPDATES FOR TOMORROW'S STOCK OPTIONS TIPS AND NIFTY TECHNICAL LEVELS...

MEAN WHILE CELEBRATE ...!!

FREE STOCK OPTION TIPS..

2012-11-26T08:30:00.001-08:00

FREE STOCK OPTION TIPS FOR 27 NOVEMBER 2012

OPTIONS

BOUNCE BACK STOCKS FOR
SWING TRADERS....!!!

Stock script	Resistance / Targets R1 R2		STOP LOSS	BUY CAL OPTIONS
RELIANCE CAPITAL	400	408	390	400 CAL OPTION

DLF	205	208	196.50	210 CAL OPTION

DABUR	126	131	121	130 CAL OPTION

TATA STEEL	375	382	363	380 CAL OPTION

PUT OPTIONS

Stock script	Support Level S1 S2		Resistance Level / SL	BUY PUT OPTIONS
ITC	284	282	205	280 PUT OPTION

TATAPOWER	101	97.50	104.50	95 PUT OPTION

EAGLE EYE...!!!

2012-11-26T07:12:00.000-08:00

NIFTY 50 TECHNICAL CHART.......

LET ME SHOW YOU ONE IMPORTANT FORMATION OF HEAD AND SHOULDERS PATTERN IN CURRENT TECHNICAL CHART BELOW..

MARKET IS SEEM TO BE TREMBLING DOWN TO THE LEVEL OF 5545 HOLDING CRUCIAL SUPPORT LEVELS... I HAVE DRAWN TREND LINES TO SHOW YOU THE CLEAR EXPECTED FORMATION OF THE HEAD AND SHOULDER PATTERN.

EXAMPLE..

NOW THIS THE EOD CHART WITH SUPPORT AND RESISTANCE LEVEL AND HEAD AND SHOULDER PATTERN TOO..

MAJOR LEVEL RESISTANCE 1 = 5685

CRUCIAL LEVEL SUPPORT 1 = 5575

MAJOR LEVEL SUPPORT 2 = 5445

IT IS SEEN NSE EXCHANGE WILL TAKE ITS LEVEL DOWN TO MAJOR LEVEL SUPPORT 2 = 5545.

TRADER BE CAUTIOUS .... INVESTORS BE ALERT..

IMPORTANT TIP FOR NIFTY CHARTS... BUY NIFTY OPTIONS WITH IN FIRST WEEK OF DECEMBER PUT OPTION OF 5500...

ENJOY THE BLAST..

FREE STOCK OPTION TIPS FOR 26 NOV 2012

2012-11-25T10:25:00.000-08:00

OPTIONS

BOUNCE BACK STOCKS FOR
SWING TRADERS....!!!

Stock script	Resistance / Targets R1 R2		STOP LOSS	BUY CAL OPTIONS
ADANIPORTS	125	127.50	120.50	125 CAL OPTION

CAIRN	330	334	324	330 CAL OPTION

LUPIN	570	580	555	570 CAL OPTION

TATA MOTORS	265	270	254	270 CAL OPTION

PUT OPTIONS

Stock script	Support Level S1 S2		Resistance Level / SL	BUY PUT OPTIONS
ABIRNAUVO	965	950	985	960 PUT OPTION

RCOM.	61	59	65	60 PUT OPTION

NIFTY 26 november 2012 Technical charts.

2012-11-25T09:53:00.000-08:00

26 November 2012

NIFTY 50 Technical charts.

Market as expected for 26 NOV 2012 to end in the positive note, a decrease in the volume is a good indicator for market likely to bounce back tomorrow.

JUST WAIT AND WATCH OUT FOR TOMORROWS FREE STOCK OPTION TIPS.... !!

2012-11-21T08:35:00.000-08:00

OPTIONS

BOUNCE BACK STOCKS FOR SWING TRADERS....!!!

Stock script	Resistance / Targets R1 R2		STOP LOSS	BUY CAL OPTIONS
ABIRNAUVO	965	975	920	1000 CAL OPTION

GMRINFRA	19	20.05	18.75	20 CAL OPTION

AMBUJACEMENT	200	205	197	210 CAL OPTION

APOLLOTYRE	83	86	76	85 CAL OPTION

ASIANPAINTS	3950	4010	3800	4000 CAL OPTION

HEXAWARE	106	110	97	120 CAL OPTION

IDFC	163	167	152	170 CAL OPTION

SAIL	80	86	73	85 CAL OPTION

SINTEX	63	67	58	70 CAL OPTION

SESAGOA	168	173	158	180 CAL OPTION

ACC	1400	1425	1340	1450 CAL OPTION

ABB	730	737	712	720 CAL OPTION

BULLS AND BEARS........!!!

2012-11-21T08:19:00.003-08:00

ENJOY TOMORROW FIGHT OF BULLS AND BEARS , BUT BULL WILL TAKE OVER BY THE END OF THE SESSION

THURSDAY NIFTY TECHNICAL CHART.

THURSDAY NIFTY TECHNICAL CHART

LETS HOPE FOR THE BEST.

PLAN EARLY TO TAKE QUICK DECISIONS

MULTIPLY YOUR CASH WITH OPTIONS

Add caption

STAY TUNED FOR TOMORROWS STOCK OPTION UPDATES.

2012-11-21T01:37:00.001-08:00

OPTIONS VALUATION

100%

ENJOYED THE BLAST FOR TRADERS..!!!

I WILL KEEP UPDATING FREE STOCK CALLS SPECIALLY ON OPTIONS , STOCK OPTIONS AND TECHNICAL CHARTS

AND

ALSO SOON I WILL START TEACHING YOU TECHNICAL ANALYSIS FOR FREE OF COST ALL ORIGINAL TECHNIQUES FOR FREE FREE FREE...

So friends let me tell you that we have achieved 100% target on the calls given yesterday on STOCK OPTIONS.

FREE STOCK OPTIONS TIPS...!!!

2012-11-20T10:19:00.002-08:00

BOUNCE BACK STOCK OPTIONS FOR SWING TRADERS....!!!

Stock script	Resistance / Targets R1 R2		STOP LOSS	BUY CAL OPTIONS
ACC	1400	1425	1340	1450 CAL OPTION

ADANIPORTS	127	130	120	135 CAL OPTION

AMBUJACEMENT	200	205	197	210 CAL OPTION

APOLLOTYRE	83	86	76	85 CAL OPTION

ASIANPAINTS	3950	4010	3800	4000 CAL OPTION

HEXAWARE	106	110	97	120 CAL OPTION

IDFC	163	167	152	170 CAL OPTION

SAIL	80	86	73	85 CAL OPTION

SINTEX	63	67	58	70 CAL OPTION

SESAGOA	168	173	158	180 CAL OPTION

GRABB IT....!! GRABB IT...!! HURRY ENJOY FREE FALL...!!!

FREE FALL STOCK SCRIPS	BUY PUT OPTIONS
ASHOKLEY	20 PUT OPTION
COAL INDIA	340 PUT OPTION

2012-11-20T08:26:00.000-08:00

Welcome back...!!

As expected and explained through my technical nifty chart the market remained silent by the end of trading session.

So here is the WEDNESDAY Resistance and Support level displayed in the below charts..

TIP FOR THE DAY..
The buying mode begins... tomorrow is the day of BULLS..

BUY NIFTY CALL OPTION OF 5700.. :-)

Stay tuned for the next bumper stock option updates for tomorrow.. ;-)

Tuesday's MAJOR support & resistance levels.

2012-11-19T07:21:00.000-08:00

NIFTY MAJOR SUPPORT AND RESISTANCE LEVEL FOR TUESDAY.

Tomorrow we can expect market to close in positive note. Its a Green day...!!!

RESISTANCE 1 = 5590

RESISTANCE 2 = 5625

RESISTANCE 3 = 5650

MAJOR SUPPORT = 5530

Back to blogging...

2012-11-19T06:05:00.003-08:00

Hello traders,

My Blog is objectively, in letter and spirit, based on pure Technical Analysis. All other content, viz., International News, Indian Business News, Investment Psychology , etc are all to give additional ambiance and make the reader more enlightening. As the markets are super dynamic by very nature, you are assumed to be exercising discretion and constraint as per your emotional, financial and other resources. This blog will never ever create rumors or have any intention for bad propaganda. We report rumors and hear-say but never create the same. This is for your information and assessment.

Technically Yours,

Anees Ahmed.
Banglore.

So now i am back to my blog for blogging on stocks to buy and sell strategy with proper ancient methodology practised in research gathered with specialized knowledge in TECHNICAL ANALYSIS.

I AM A CERTIFIED TECHNICAL ANALYST.

I WILL BE GIVING STOCK CALLS ON STOCK OPTIONS, INTRADAY STOCKS , AND STOCKS FOR SWING TRADING.

Stay tuned for next update... !!

Tuesdays market status.

2012-02-14T02:37:00.000-08:00

Market Status of whole day.....!!!

The market has been consolidating in a narrow range for the past few days and unless we get a clear signal of a break up or break down, this range could continue Positional traders should stay away but traders could take a call on either edge of the range with a 30-point stop loss for a 70-80 point target.

The market continues to stay in a range and unless 5300-5320 breaks on the downside, we should not pre-empt market declines, For the day, the Nifty needs to stay above 5387 to be positive with supports at 5353 and 5317 and resistances at 5423 and 5457,

The pre-opening session of the market begins with the Nifty and Sensex indicating a flat start today. The SGX Nifty is at 5402, down 13 points. Normal trading will start at 9.15 am.

The Indian market opens for trade this morning on a negative note following soft global cues. Earlier, the US markets ended with marginal gains with the Dow up 72 and Nasdaq up 27 odd points while Asia is in the red at this hour. Sensex is trading at 17762, down 10 points from its previous close, and Nifty is at 5384, down 6 points. CNX Midcap index is up 0.2% and BSE Smallcap index is up 0.3%.

After a gap-down start, the market has now picked up some steam and moved into the green. Sensex is trading at 17807, up 35 points from its previous close, and Nifty is at 5400, up 10 points. CNX Midcap index is up 0.6% and BSE Smallcap index is also up 0.6%.

As long as the Nifty stays above 5280-5290, momentum will remain in the midcaps while largecaps will continue to stay sideways.

The market is showing a gradual upmove with the Nifty now above the 5400 levels. Sensex is trading at 17813, up 40 points from its previous close, and Nifty is at 5405, up 14 points. CNX Midcap index is up 0.6% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 858 against declines of 475 on the NSE.

January Inflation: Primary articles inflation has come in at 2.25% versus 3.07% (MoM), fuel group inflation is at 14.21% versus 14.91% (MoM), food articles inflation at -0.52% versus 0.74% (MoM) while manufactured products inflation is at 6.49% versus 7.41% (MoM).

The market is still showing strength though it is trading with modest gains. Sensex is at 17825, up 52 points from its previous close, and Nifty is at 5408, up 18 points. CNX Midcap index is up 0.7% and BSE Smallcap index is up 0.8%. The market breadth is positive with advances at 852 against declines of 519 on the NSE.

Following the 15% move across Asian markets, the nervousness among investors is increasing, We believe it is still too early to reverse our bullish stance on Asia There is plenty of talk of correction but we would be a buyer in case of corrections.

Europe is trading with a negative bias while the Indian market is still quiet and rangebound and the Nifty is just above the 5400 mark. PSU banks are seeing the most buying today. Sensex is trading at 17799, up 26 points from its previous close, and Nifty is at 5402, up 12 points. CNX Midcap index is up 0.7% and BSE Smallcap index is up 0.6%. The market breadth is positive with advances at 798 against declines of 619 on the NSE.

The markets are still trading flat, though with some positive bias. Realty and auto are the lead performers at this hour while oil & gas and healthcare are the biggest losers. The Sensex is trading at 17793, up 20 points from its previous close, and the Nifty is at 5402, up 12 points. The CNX Midcap index is up 1% while the BSE Smallcap index has gained 0.8% till now. The market breadth is positive with advances at 795 against declines of 640 on the NSE.

The markets closed with moderate gains today with capital goods being the best performer. The Sensex closed at 17889 (provisional), up 116 points from its previous close, and the Nifty closed at 5427 (provisional), up 37 points. The CNX Midcap index was up 1% and the BSE Smallcap index gained 0.8%. The market breadth was positive with advances at 821 against declines of 630 on the NSE.

2012-02-13T01:27:00.000-08:00

Monday starts with green note...

The market is trading in the range of 5300 and 5400 and the Nifty needs to give a closing above 5400 for 2-3 days before the uptrend will resume For the week, an important level is 5376 and for today, the market needs to remain above 5383 in order to remain positive.

The pre-opening session of the market begins with the Nifty and Sensex indicating a start in the green today.

The Indian market opens for trade the first day of a new week on a flat note while Asia is in the green at this hour. Sensex is trading at 17764, up 15 points from its previous close, and Nifty is at 5378, down 2 points The market breadth is positive with advances at 495 against declines of 224 on the NSE.

After a flat start, the market is now trading lackluster and sluggish. Sensex is at 17701, down 47 points from its previous close, and Nifty is at 5361, down 19 points. CNX Midcap index is down 0.1% and BSE Smallcap index is also down 0.1%. The market breadth is negative with advances at 593 against declines of 672 on the NSE.

At noon, the market is still in negative terrain with the Sensex at 17714, down 34 points from its previous close, and Nifty is at 5367, down 13 points. CNX Midcap index is up 0.1% and BSE Smallcap index is up 0.4%. The market breadth is negative with advances at 686 against declines of 694 on the NSE.

Profit booking keeps the Indian market in the red, led by realty stocks. Sensex is trading at 17722, down 26 points from its previous close, and Nifty is at 5371, down 9 points. CNX Midcap index is down 0.1% and BSE Smallcap index is up 0.1%. The market breadth is negative with advances at 671 against declines of 744 on the NSE

The market is likely to continue to move in a 200-point range so hold on to long positions in the Nifty which has sound support at 5320-5330,Book profits at 5500.

The market has now picked up steam and moved into the green though it is trading with marginal gains. There is more stock-specific action in trade today. Sensex is at 17774, up 26 points from its previous close, and Nifty is at 5386, up 5 points. CNX Midcap index is up 0.3% and BSE Smallcap index is also up 0.3%. The market breadth is positive with advances at 729 against declines of 695 on the NSE.

As long as the market stays above the Nifty level of 5290, then the strategy should be to buy on all declines.

Stock market status of the week...

2012-02-11T20:54:00.000-08:00

SENSEX v/s NIFTY

The markets performed well during the week and the Nifty outperformed the Sensex. Metal and banking led the rally and IT and auto, too, supported the indices well. The Sensex was up 1% while the Nifty gained 3% during the week. The CNX Midcap index was up 3%, BSE Smallcap gained 3% and the Bank Nifty, too, closed with 3% gain over the week. The BSE Auto was up 2%, BSE OilGas gained 1% while the BSE Power also closed with 1% gain. The BSE IT was up 2.5% and the BSE Metal gained 4% over the week. The top Nifty gainers during the week were Cairn India, Jindal Steel, SAIL and Bajaj Auto while the biggest losers included Bharti Airtel, HUL, IDFC and Ranbaxy.

Tuesday's market update..!!

2011-11-29T05:09:00.001-08:00

Dear traders,

Today the market was not so as expected... so lets take a look on the indian market, performance of companies and corporate actions...

The Indian market opens for trade this morning on a flat-to-negative note. Earlier, the US rallied to close higher with the Dow up 291 and Nasdaq up 85 odd points while Asia is mixed at this hour. CNX Midcap index is up 0.3% and BSE Smallcap index is up 0.4%. The market breadth is positive with advances at 338 against declines of 273 on the NSE.

Into the last half hour of trade, the market is rangebound and trading in negative territory. Sensex is at 16010, down 156 points from its previous close, and Nifty is at 4806, down 44 points. CNX Midcap index is down 0.3% and BSE Smallcap index is down 0.2%. The market breadth is negative with advances at 504 against declines of 769 on the NSE.

The coming growth slowdown will be almost as deep as the credit crisis and we expect Indian GDP growth to decelerate to 6.9% in 2012 from our earlier expectation of 7.4%, says Chetan Ahya of Morgan Stanley on CNBC TV18. He believes that the average growth in the four worst quarters will be 6.8% compared with 6.5% during the credit crisis and he sees a high risk of a long-persistent growth slowdown.

The Indian market closed a choppy day of trade on a negative note on the back of profit booking following yesterday's short-covering rally. Selling pressure was seen in heavyweights like RIL which added to the pressure. Sensex closed at 15994, down 172 points (provisional) and Nifty at 4797, down 53 points (provisional) from the previous close. CNX Midcap index was down 0.4% and BSE Smallcap index was down 0.2%. The market breadth was negative with advances at 503 against declines of 782 on the NSE.

It was a down day for the Indian market after the sharp relief rally it witnessed yesterday and today, sectors like banks, metals, autos and oil & gas came under the pressure of profit taking. However, some support was provided by FMCG and select auto stocks. The broader markets traded in sync with the largecaps. Sensex shut shop at 16008, down 158 points and Nifty at 4805, down 46 points from the previous close. CNX Midcap index was down 0.4% and BSE Smallcap index was down 0.2%. The market breadth was negative with advances at 512 against declines of 788 on the NSE. Top Nifty gainers were Dr Reddy's, Bajaj Auto and Mahindra & Mahindra while losers included PNB, Jindal Steel & Power and Bharti Airtel.

Europe has opened in the red and is trading lower while the Indian market is trading with substantial losses.
Asia closes up strong but the Indian market has now slipped back into the red amidst volatility.

This is a market not to sell into but to look for opportunities to buy.

The trend of the market continues to be bearish in the long term and so play on the short side.

Friday the last trading day of the week.

2011-11-18T04:39:00.001-08:00

Dear traders,
This is the last trading day of the week for the active traders in Indian stock market which was not satisfactory for the traders due to the drop in points of the BSE and NSE while market shuts down. There is a rapid down trend going on in the Indian stock market and as per my research this down trend will stay up to the year end. Now lets go through today's market status which was open from 9:00 AM in the morning till 3:30PM in the afternoon.

The pre-opening session starts with no clear direction and the Sensex is trading at 16411, down 51 points while the Nifty is at 5015, up 80 points from its previous close. Normal trading starts at 9:15 AM.

The markets open on a negative note with both benchmark indices showing substantial dips with metal being the biggest laggard in opening trades. The Sensex is trading at 16373, down 89 points from its previous close, and the Nifty is at 4895, down 39 points. The CNX Midcap index is down 0.7% while the BSE Smallcap index has lost 0.2%. The market breadth is negative with advances at 171 against declines of 561 on the NSE.

Negative trend continues in the markets with all sectoral indices trading negative. Oil & gas, metal and capital goods are the biggest losers at this hour and banking and auto, too, look weak. The Sensex is trading at 16287, down 174 points from its previous close, and the Nifty is at 4877, down 57 points. The CNX Midcap index is down 1.5% while the BSE Smallcap index has lost 1.9% till now. The market breadth is negative with advances at 214 against declines of 1098 on the NSE.

The markets are still reeling under selling pressure with realty, metal, banking, capital goods and auto being the biggest losers at this hour. The Sensex is trading at 16226, down 236 points from its previous close, and the Nifty is at 4856, down 79 points. The CNX Midcap index is down 1.9% while the BSE Smallcap index has lost 2.3% till now. The market breadth is negative with advances at 173 against declines of 1091 on the NSE.

The markets still look weak and all sectoral indices are trading negative. The Sensex is trading at 16243, down 219 points from its previous close, and the Nifty is at 4860, down 75 points. The CNX Midcap index is down 1.7% while the BSE Smallcap index has lost 2.4% till now. The market breadth is negative with advances at 188 against declines of 1102 on the NSE.

Negative trend continues in the markets with all sectoral indices trading negative. Capital goods and realty are the biggest laggards at this hour and oil & gas, metal and banking, too, look weak. The Sensex is trading at 16343, down 119 points from its previous close, and the Nifty is at 4894, down 40 points. The CNX Midcap index is down 1.1% while the BSE Smallcap index has lost 2.2% till now. The market breadth is negative with advances at 234 against declines of 1063 on the NSE.

The markets are still trading deeply in the red and barring healthcare, all sectoral indices are trading negative. Realty, capital goods and metal are the worst performers at this hour and banking and auto also look weak. The Sensex is trading at 16266, down 196 points from its previous close, and the Nifty is at 4872, down 62 points. The CNX Midcap index is down 1.2% while the BSE Smallcap index has lost 2.1% till now. The market breadth is negative with advances at 234 against declines of 1059 on the NSE.

The markets have recovered from the lows of the day, though still trading in the red. Realty, metal, banking and auto are the biggest losers at this hour and healthcare is the only sector that is trading positive. The Sensex is trading at 16366, down 96 points from its previous close, and the Nifty is at 4904, down 31 points. The CNX Midcap index is down 0.9% while the BSE Smallcap index has lost 2% till now. The market breadth is negative with advances at 284 against declines of 1029 on the NSE.

The markets recovered significantly from the lows of the day to close with moderate losses. The Sensex closed at 16395 (provisional), down 67 points from its previous close, and the Nifty closed at 4914 (provisional), down 20 points. The CNX Midcap index was down 0.6% and the BSE Smallcap index lost 1.8%. The market breadth was negative with advances at 384 against declines of 920 on the NSE.

The markets traded deeply in the red for the most part of the day. However, a positive opening in Europe spurred on the indices and they closed with only moderate losses. Realty, metal, FMCG and auto were the worst performers of today's trade while oil & gas, healthcare and consumer durables made some gains. The Sensex closed at 16371, down 90 points from its previous close, and the Nifty shut shop at 4906, down 29 points. The CNX Midcap index closed with 0.8% loss while the BSE Smallcap index was down 1.9% in today's trade. The market breadth was negative with advances at 348 against declines of 961 on the NSE. The top Nifty gainers were SAIL, Hero MotoCorp, IDFC and Tata Power while the biggest losers included Sesa Goa, ITC, Power Grid and Mahindra & Mahindra.

The markets closed with significant losses during the week with both benchmark indices and all sectoral indices closing in the red. Realty and capital goods were the biggest laggards while metal, oil & gas and banking, too, played their role in pulling the markets down. The Sensex was down 4.9% while the Nifty lost 5.24% during the week. The CNX Midcap index was down 6.8%, the BSE Smallcap lost 8.7%, CNX Realty was down 12.3% and the Bank Nifty closed with 4.7% loss. The BSE OilGas lost 7.2%, BSE Metal lost 7.7%, BSE Capital Goods was down 10.2% while the BSE Powerclosed with 9.9% loss over the week. The top Nifty losers during the week were JP Associates, BHEL, Reliance Capital and SAIL.

Thursday morning market status.

2011-11-16T23:09:00.001-08:00

Dear traders,

   We could see the market move sideways before beginning its next leg down For the day, the market is likely to stay positive above 5028, he adds. There are resistances at 5067 and 5104 with support coming in first at 5028 and then 4991.

We are likely to open negative and then find support at 4990-4960. The market could then bounce back to the levels of 5075 and even 5140.

The pre-opening session of the market begins with the Nifty and Sensex indicating a quiet start today. The SGX Nifty is at 5030, down 49 points. Normal trading will start at 9.15 am.

  The Indian market opens for trade this morning on a negative note on the back of grim global cues. Earlier, the US markets ended lower with the Dow down 191 odd points while Asia is mixed at this hour. Sensex is trading at 16749, down 26 points from its previous close, and Nifty is at 5020, down 9 points. CNX Midcap index is down 0.2% and BSE Smallcap index is up 0.1%. The market breadth is negative with advances at 208 against declines of 285 on the NSE.

After a gap-down start, the market is now trading lower amid some volatility. Sensex is at 16695, down 80 points from its previous close, and Nifty is at 5003, down 27 points. CNX Midcap index is down 0.3% and BSE Smallcap index is down 0.4%. The market breadth is negative with advances at 442 against declines of 690 on the NSE.

Initiate short positions in the market at 5100-5150 and not if the Nifty breaks below 5000.

Q2 earnings were marginally below expectations with two major disappointments - Maruti Suzuki and Tata Steel. We now estimate that FY12 net profits may grow at 14.4% for Sensex companies. We have fine-tuned our FY12 Sensex EPS estimate to Rs 1120 from Rs 1160 and the FY13 EPS estimates have also been revised lower to Rs 1300 from Rs 1320 previously

Nervousness continues in the market though it has come off the lows of the day. Sensex is trading at 16743, down 31 points from its previous close, and Nifty is at 5016, down 14 points. CNX Midcap index is down 0.1% and BSE Smallcap index is down 0.3%. The market breadth is negative with advances at 508 against declines of 706 on the NSE.

The level of 4950 is an important support level on the Nifty and as long as this holds, then we could see a pullback to higher levels.

Inflation: Primary articles inflation for week ended November 5 has come in at 10.39% versus 11.43% (WoW), food articles inflation at 10.63% versus 11.81% (WoW) while fuel group inflation is at 15.49% versus 14.5% (WoW).

   At noon, the market is still in the red though trading with modest losses while the broader markets are flat. Sensex is at 16734, down 41 points from its previous close, and Nifty is at 5012, down 17 points. CNX Midcap index is up 0.1% and BSE Smallcap index is down 0.1%. The market breadth is negative with advances at 573 against declines of 667 on the NSE.

Tuesday's market status

2011-11-15T18:05:00.001-08:00

Dear traders,
The markets traded range bound in the morning but slipped in the last one hour of trade to close with about 1.5% losses. In fact i would like to advice traders to be alert in trading. Though all sectoral indices closed negative with realty, capital goods, banking and metal being the worst performers. Auto and oil & gas, too, lost significantly to put pressure on the indices. The Sensex closed at 16883, down 236 points from its previous close, and the Nifty shut shop at 5068, down 80 points. The CNX Midcap index closed with 2.6% loss while the BSE Smallcap index was down 2.8% in today's trade. The market breadth was negative with advances at 151 against declines of 1173 on the NSE. its going to be a bad trend in the Indian stock market , as we have seen the previous trading days there is no resistance in the stock market. The top Nifty gainers were Cipla, Tata Motors, Grasim and HDFC Bank while the biggest losers included DLF, JP Associates, RCom and Siemens.

Friday's market status.

2011-11-11T21:03:00.001-08:00

Dear traders,
Negative trend continues in the markets with banking still reeling under selling pressure. Metal, capital goods and realty, too, look weak while auto and oil & gas have made smart gains. The Sensex is trading at 17213, down 149 points from its previous close, and the Nifty is at 5173, down 47 points. The CNX Midcap index is down 1.2% while the BSE Smallcap index has lost 1.5% till now. The market breadth is negative with advances at 306 against declines of 986 on the NSE.

The markets closed weak today with banking being the biggest loser of today's session. The Sensex closed at 17211 (provisional), down 151 points from its previous close, and the Nifty closed at 5175 (provisional), down 46 points. The CNX Midcap index was down 1.2% and the BSE Smallcap index lost 1.5%. The market breadth was negative with advances at 351 against declines of 960 on the NSE.

The markets traded with negative bias throughout the day and even the positive opening of Europe could not help the indices. Banking remained the biggest laggard in today's trade and capital goods, metal and realty, too, played their role in pulling the markets down. Auto and oil & gas closed in the green and support also came from FMCG and healthcare. The Sensex closed at 17193, down 169 points from its previous close, and the Nifty shut shop at 5169, down 52 points. The CNX Midcap index closed with 1.3% loss while the BSE Smallcap index was down 1.6% in today's trade. The market breadth was negative with advances at 305 against declines of 999 on the NSE. The top Nifty gainers were Mahindra & Mahindra, Sun Pharma, RIL and Bajaj Auto while the biggest losers included Axis Bank, Hindalco, ICICI Bank and Tata Steel.

The markets closed with significant losses during the week with all sectoral indices and both benchmark indices closing in the red. Banking and metal were the biggest laggards while auto closed with moderate loss. The Sensex was down 2.25% while the Nifty also lost 2.25% during the week. The CNX Midcap index was down 2.7%, the BSE Smallcap lost 2.8% and the Bank Nifty closed with 5.6% loss over the week. The BSE OilGas lost 1.4%, BSE Auto was down 1.2%, BSE Metal lost 4.9% while the BSE Powerclosed with 2.5% loss over the week. The top Nifty gainers during the week were HUL, Hero MotoCorp, TCS and Wipro while the biggest losers included BPCL, SBI, Tata Steel and DLF.