Slight recovery today

Blog meant for 24 March 2017 Friday Dear friends, Good recovery for markets today as Nifty rose by 55 points to once again come close to the 9100 mark. Today's recovery was helped by better and more positive global cues. The indications for short term are – THE HOLDS ARE – HDFC BANK, BHEL, INFOSYS, RELIANCE, ASIAN [...]

By | March 23rd, 2017|BLOG|0 Comments

Wait to Sell indication for many stocks

Blog meant for 23 March 2017 Thursday Dear friends, The negativity in the global Stock Markets continued today too. Nifty fell by 91 points lower to close at 9030. In fact many of the Asian markets and European markets fell by a higher percentage today. After the rally which resulted in markets reaching life time highs, markets [...]

By | March 22nd, 2017|BLOG|0 Comments

Market weakness continues – follow the indications for short term

Blog meant for 22 March 2017 Wednesday Dear friends, Another flat and relatively weak day for the Nifty. It closed 5 points lower. Also, the global cues are extremely negative for Wednesday with European & US markets closing almost 1-2% lower and Asian markets opening 1% lower. It is likely that Indian markets will also be [...]

By | March 22nd, 2017|BLOG|0 Comments

Profit booking pushes markets lower

Blog meant for 21 March 2017 Tuesday Dear friends, Nifty closed down by 33 points and below 9150 mark. Profit booking and weaker global cues resulted in fall in our markets too. As mentioned in yesterday's blog, our markets consolidated a bit today. We have to see whether Asian markets start positive tomorrow. The indications for short [...]

By | March 20th, 2017|BLOG|0 Comments

Most stocks in Hold zone – observe markets carefully

Blog meant for 20 March 2017 Monday Dear friends, Nifty closed flat on Friday mainly due to profit booking. Global cues also showed similar trend and were flat on Friday evening. Although, markets are at life high, there is chance of consolidation (slight fall). This is the usual characteristic of markets to fall little even while [...]

By | March 19th, 2017|BLOG|0 Comments

Nifty at all time high!

Blog meant for 16 March 2017 Thursday Dear friends, Good rally for markets. Nifty closed at its life time high of 9153, up 69 points. The rally was helped mainly by positive global cues due to the expected interest rate hike by the US Federal Reserve. The GST Council approved the law relating to Union [...]

By | March 16th, 2017|BLOG|0 Comments

Short term indications remain same

Blog meant for 16 March 2017 Thursday Dear friends, Flat close for our markets after yesterday's huge rally. It could be because many investors were booking profits. Also, the US Federal Reserve (Central Bank) will be meeting tonight Indian time to decide whether it will increase interest rates in the US. GST Council meeting is [...]

By | March 15th, 2017|BLOG|0 Comments

Spectacular Rally for markets

Blog meant for 15 March 2017 Wednesday Dear friends, As expected, markets had a huge rally due to the positive sentiment of the BJP winning in State Elections of UP & Uttarkhand. Nifty rose by 152 points to close at 9087. This is the first time that Nifty has closed above the 9000 mark. Most [...]

By | March 15th, 2017|BLOG|0 Comments

BJP win likely to push markets higher

Blog meant for 14 March 2017 Tuesday Dear friends,The Election results of five states were announced on Saturday with BJP winning by huge margins in UP and Uttarkhand. The victory for Modi's BJP was very surprising and unexpected. Although BJP did not win in the other states, this news is expected to push markets very high. [...]

By | March 12th, 2017|BLOG|0 Comments

Exit Polls will determine market direction

Blog meant for 10 March 2017 Friday Dear friends, Nifty closed flat in expectation of the exit polls results. The exit poll results are predicting a victory for BJP in Uttar Pradesh, Goa & Uttarkhand. This is positive since the popularity of the ruling party in the Centre is still popular in the States too. However, [...]

By | March 10th, 2017|BLOG|0 Comments