4/4/2012

MARKET OUTLOOK(9/4/2012):-

NIFTY SUPPORT:- 5240
NIFTY RESISTANCE:-5400
TREND DECIDER LEVEL:-5328


MARKET VIEW:-  FIIS’ will resume their buying spree after the recent clarification that P notes and Funds from Mauritius will not be taxed under GAAR. This vindicates our stand that Sensex will be 21000 till Diwali and a new high before March 2013.

Now let’s discuss the ground realities ahead. Advance tax numbers surprised positively allying fears of slowdown. The holiday season ahead will create internal demand for the most of the sectors directly or indirectly. From the next week quarterly results will provide the direction to the market.

As per our news in this Bull Run market will test newer high sooner that most Market-man expects. Market above 5240 is no worry for short term investors. The long term investors watch 5180 is the LAXMAN REKHA for trend reversal. The market will not correct in the near term in any major way. But always be prepared for a sharp correction day as edgy global markets may provide speed breakers.

HOT STOCK:-  ................

PAID SERVICES(NEWS BASED) :-

1) PROFIT SHARING:-


CALL DISCLOSED :- NTPC RECOMMENDED TO BUY AT 163.25 (CHECK PREVIOUS POSTS)...TODAY ITS MADE HIGH@169.25 ..THOUGH WE BOOKED FULL PROFIT TODAY BUT STILL ONE CAN BUY THIS SCRIP AGAIN AT LITTLE LOWER LEVEL FOR THE SHORT TO MEDIUM TERM TARGET@180.00+


2) DELIVERY PACKAGE:-


NO FRESH CALL GIVEN.