28/5/2012

MARKET OUTLOOK(29/5/2012):-

NIFTY SUPPORT:- 4860
NIFTY RESISTANCE:-5000/5035
TREND DECIDER LEVEL:-4938


MARKET VIEW:- The week will be a result heavy week. Due to expiry bears will be forced to cover their shorts which will provide added power to market. So it is advisable to take pre market positions in select counters to make a killing.

Market in the short term will be highly profitable for the following reasons:-

      *WORLD markets are showing some positive development.

*Economic data worldwide are showing improvement.

*Indian Government has showed when there is will there is a way as reflected by 

*no roll back on petrol prices. Now expect a series of such big bang policy 

 decision ahead.

*FII are selling in small lots while DII are providing CAUTIOUS support.

*Rupee is showing major reversal after touching all tile low.

      *Dollar index is dangerously poised at 82, keep close watch on it.

Indian market will find strong support at 4860, 4800 level where both BULLS and BEARS will fight to the finish. The week will be the week of BULLS they will settle the bears in a befitting way. 

HOT STOCK:- INDUSIND BANK

PAID SERVICES:- (NEWS BASED)

1) PROFIT SHARING:-

OUR NEXT PROFIT SHARING CALL WILL BE RELEASED SOON.

2) DELIVERY PACKAGE:- 

CALL DISCLOSED:- FEW DAYS BACK WE BOUGHT  

AMTEK IND @96.00 AND AGAIN @92.00

LEVEL(SEE 17/5/2012 POST) ..OUR AVERAGE 

PRICE @94.00.TODAY ITS MADE HIGH 

@98.50..ALMOST 5% GAIN SO FAR..NOW FREE 

MEMBERS CAN BUY THIS SCRIP AGAIN AT LOWER 

LEVEL FOR THE TARGET @105.00.