Hold for short term but observe markets

Blog meant for 19 Jan 2018 Friday Dear Friends, Volatile day for markets as it opened very strong and almost touched 10900. Towards the last hour of the day, markets fell quite a lot and finally closed 28 points higher at 10817. Global cues are quite mixed tonight. European and US markets are slightly as of [...]

By | January 18th, 2018|BLOG|0 Comments

Spectacular rally

Blog meant for 18 Jan 2018 Thursday Dear Friends, Spectacular rally for Nifty as it touched 10800 and finally closed at 10788. Sensex closed above 35000 for the first time in its history. Global cues are quite positive and hence our markets could open positively too. The analysis for Short term as per technical analysis is as [...]

By | January 18th, 2018|BLOG|0 Comments

Slight correction in markets today

Blog meant for 17 Jan 2018 Wednesday Dear Friends, Finally, markets consolidated today. Nifty fell by 41 points and closed at 10700. Global cues are mixed tonight. European markets have closed mixed and US markets are marginally positive as of now. We have to see if markets recover tomorrow or it continues to stay weak like [...]

By | January 16th, 2018|BLOG|0 Comments

Nifty at new high 10741

Blog meant for 16 Jan 2018 Tuesday Dear Friends, The uptrend continued today without any stopping. Nifty rose by 60 points to close at 10741. Global cues are little weak tonight in Europe. Our markets seem to be very strong as of now. However, since for many days and almost one year, the markets have been [...]

By | January 15th, 2018|BLOG|0 Comments

Nifty moving up in full steam

Blog meant for 15 Jan 2018 Monday Dear Friends, The astonishing strength in the Nifty continued on Friday too. Although, the markets were volatile, Nifty managed to rise by 30 points to close at 10681 which was once again a new high.  Global cues in Europe and US were quite positive on Friday and since tomorrow is [...]

By | January 14th, 2018|BLOG|0 Comments

Nifty at new high – but moving up slowly

Blog meant for 12 Jan 2018 Friday Dear Friends, Nifty continued to stay quiet and volatile due to the upcoming Budget and also investors are cautious at these high levels. Nifty closed 19 points higher at 10651 which is new closing high. Asian and European markets were mixed and US markets are marginally positive as of [...]

By | January 11th, 2018|BLOG|0 Comments

Stocks in Hold zone, but markets little weak

Blog meant for 11 Jan 2018 Thursday Dear Friends, Last two days have been very quiet for the markets as Nifty moved in a very narrow range. Finally, Nifty closed almost flat, down 5 points. Global cues are mainly negative in US and Europe and hence our markets may be little weak tomorrow. Nifty is neither [...]

By | January 10th, 2018|BLOG|0 Comments

Markets quiet but still positive

Blog meant for 10 Jan 2018 Wednesday Dear Friends, Quiet day for markets but Nifty managed to close slightly higher, up 13 points at 10637. Once again this is a record closing high.  Although, the global markets are not particularly positive somehow our markets have been managing to steadily go up. Tonight, the European markets [...]

By | January 9th, 2018|BLOG|0 Comments

New closing high for Nifty – 10624

Blog meant for 9 Jan 2018 Tuesday Dear Friends, Nifty touched 10600 for the first time today as the rally continued helped by positive global cues. Nifty closed strongly, up 64 points to close at 10624. Asian markets were all positive today. European markets are trading mixed and US markets are marginally higher. The momentum in [...]

By | January 8th, 2018|BLOG|0 Comments

Global markets including India at peak

Blog meant for 8 Jan 2018 Monday Dear Friends, The rally in the markets continued on Friday as Nifty closed at 10559, up by 54 points. It is once again very close to its life time high. Similarly, many other major global markets are also at life time highs or levels which have not been seen [...]

By | January 7th, 2018|BLOG|0 Comments