Sensex surged by nearly 1,005 points in afternoon trade on Friday with all the index-related stocks rising smartly on buying by funds.The Sensex,stated the day with in a recovery mode, shot up by 1,105.57 points to 18,227.31 on aggressive buying by funds triggered by reports that lawmakers in the US have formulated a plan to boost economic growth.
Similarly, the second wide-based National Stock Exchange index Nifty surged by 304.30 points to 5337.75, as trading sentiment was boosted by a firming trend in Asian markets. we are near to 5389 let it will cross and we see soon see 5550 than we have 50% save and after than if the traders/ dmfs/ Fii will again show some positive sentiments we see 5710 and all will fine. inflation will also come down the demand of gold will low in coming days. Don't put your money on any stocks till you conform the news be aware from immature tips.
Nifty is making zig -zag pattern it can be range bound between 4980 to 5389 once it crosses with good volume from here 5550 on the cards.
The emergency cut in the overnight rate by the US Federal Reserve has triggered widespread expectations of an easing of monetary policy in India.we expect RBI to cut repo rates 50%.First-time investors get a taste of capitalism Markets fall on profit selling, Sensex down 372 pt
Dow $ Nasdaq both are dashed to ground why its doing so and is the economy is in recession? it is become a breakfast menu for every investor (either belong to India or any part of the world)
The answer is simple we did not think the economy is in a recession, but that "pockets of weakness" exist.Apple and Motorola, shares of other major technology companies, including Google Inc fell in their wake. because Apple forecast a quarterly profit below analysts' expectations and reported disappointing holiday-season iPod shipments and same in case of others.in later trade U.S.-listed shares of foreign companies ended slightly higher Wednesday, reversing sharp losses as Wall Street staged a late-session rally led by stocks in the beleaguered financial sector.ost banking shares on the ADR market climbed.
My Advice
At best, one will have to wait a bit for the returns to follow. That's alright. You are happy to put money in a bank FD and then wait for one full year to collect that measly 8%, aren't you? Then why does the stock market need to give you 20% every month? avoide it SO keep investing with a long term basis.
F& 0 is is hand bomb only the game of intruders not make for us leave it.
TRIGGER FOR MARKET
Late on Tuesday, BoE Governor Mervyn King appeared to pave the way for a February interest rate cut in a speech in Bristol. But he also warned price pressures might prevent any sharper monetary easing beyond that.
INDIAN RBI MAY KOOL OFF
BDUGET IS ON THE CARDS
NO FUNDAMENTAL CHANGES
OVERSOLD ZONE
FRESH MONEY WAITING FOR MARKET
Stock market or ashes both are looking same words now even this time we also fail predict the levels. All technical levels hammered very bad if we say this thing when worse times comes All brains will shut work we are not wrong it was the time we said technically nothing wrong at 6322 because nifty graph not showing any zig -zaw puzzle and today when Sensex has broken his 16k level in inter day which is the 200 days moving average we are also in panic few mins but this time gain technical methods and it was the time even we think no technical exists in stock market only fundamentals buy we have lit bit faith in technical just you can say 5% 95% faith was lost and it was the white lie for all global market when nifty has broken 4500 level even for few mins we shut down your laptops and stared anchoritism each oher but when in 5 mins we again opened and see 4500 level crossed and we get some coll air to your soul even u can not imagine in 60sec 176$ billion money is out of market when market hits (lower ck)-
The Federal Reserve on Tuesday slashed a key interest rate by a hefty three-quarters of a percentage point, the biggest cut in more than 23 years, after a two-day global stocks rout sparked by fears of a U.S. recession.Even after the Fed's move, interest-rate futures markets showed a 74 percent chance of another half-percentage point reduction in U.S. rates next week. They also pointed to a federal funds rate of 2.25 percent by mid-year -------w e can se Nifty heading towards 5880 till budget if fii again comes and they will so hold what you have
Nifty showed its ashes one by one when Nifty breakes 5550 the we will just thinking of last level 5389 but it comes in few mins then your last level is 4980 and with in a 20 min we see that level some bounce is expected from here and nifty did and closed 5209 this is the last level to sustain (4980)nifty towords recovery if nifty divorced this level we soon see 4500 the biggest problem is that----- In terms of market capitalisation, investors lost over $170 billion in a single day and close to $300 billion in the past six trading sessions when the current downtrend began.Since there a large amount of money is also locked on account of subscriptions to the mega public offering by Reliance Power, future capital. RBI hints at softening interest rates. who knows Rbi will cut rate on not but one thing important to note and discounted in market he will keep eye on crude oil prices. the ongc was dragger of the nifty also ONGC Q3 net dips 6.4 pc on higher subsidy bill
words of pm
Ascribing the steep fall in Indian share market indices to a 'correction', Prime Minister Manmohan Singh on Monday said the value of shares in India will continue to grow as fundamentals of the economy remained strong.
"I am confident the markets will grow in an orderly fashion," the prime minister said in New Delhi, while addressing a joint press conference with his British counterpart Gordon Brown.
"From time to time, some corrections are part of market process. I am sure and confident we will sustain orderly growth," the Prime Minister added.
Nifty on Friday jilted all the supports Nifty if does not close above 5710 than we can see level of 5500 Sensex has good support for the market at 19000 levels.we are positive on the markets in the medium-term to long-term, we have been in a corrective phase over a last few days, but around 19,400 levels.
we do see a very good support coming to the market. WE CAN hold nifty soon entered in safe zone 6145 the day crosses with volume we can see 6322 and 6544 e love to buy Reliance AD LAB SESAGOA PNB ISPAT AND UTV ALONG WITH STERINDIA.
