Saturday, July 3, 2010

2nd July 2010 (Review)

:: Market Today ::

Nifty fell for the second straight day as investors resorted to profit taking ahead of the weekend. Asian and European stocks rose ahead of key US employment data due out later in the global day. The market breadth was even. Earlier in the day the breadth was strong. Banking, realty and metal stocks fell. Auto stocks were mixed.

Today's day was the Most Boaring Day of the Month.

:: FII Activity ::
FII activity in Equity Rs. -305.23 Cr. as on 2nd Jul. 2010
FII activity in Nifty Rs. -462.92 Cr. as on 2nd Jul. 2010

Foreign institutional investors (FIIs) bought shares worth a net Rs 537 crore on 1 July 2010, the first trading session of the second quarter of the current financial year.

FII inflow in the calendar year 2010 totaled Rs 31614.40 crore (till 1 July 2010). FIIs bought equities worth Rs 10508.40 crore in June 2010.

:: Given Trend Decider Level ::
Good Above 5252 (Made High 5285)
Weak Below 5242 (Made Low 5240)

:: Given Todays Live Trades ::

Uptrend
Buy at 5286 with StopLoss 5262 (NotCame)

Downtrend
Sell around 5249 with StopLoss 5266 (SL HIT)
1st Target 5232 2nd Target 5216

Risky Trades for Risky Traders
Buy at 5267 with StopLoss 5246 (SL HIT)
1st Target 5302 2nd Target 5322

Risky Trades for Risky Traders
Sell at 5260 with StopLoss 5280
1st Target 5242 (Achieved)
2nd Target 5230 (Low 5240)

:: Be Alert ::
Below 5230 we see nifty to fall till 5180-65 levels.
Short Selling at higher level is Recommended Today for Risky traders.

:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry.

Friday, July 2, 2010

2nd July 2010 (Live Market)

Good Morning,

Market opened flat and taken support at 5250-60, same as yesterday. The market breadth is positive with advances at 440 against declines of 180 on the NSE.

Most Asian stocks rose on Thursday led by commodity producers, after Australian Prime Minister Julia Gillard reached an agreement with mining companies on a resources tax. US stocks fell on Thursday as manufacturing and labor market data heightened fears of a double-dip recession before Friday's key employment report.

:: FII Activity ::
FII activity in Equity Rs. -160.61 Cr. as on 01st Jul. 2010
FII activity in Nifty Rs. -1585.94 Cr. as on 01st Jul. 2010

Resistances : 5280-5310-5330-5354
Supports : 5264-5254-5230-5180

:: Trend Decider Level ::
Good Above 5252 and Weak Below 5242

:: Todays Live Trades ::

Uptrend
Buy at 5286 with StopLoss 5262
1st Target 5310 2nd Target 5336
If sustain above 5342 for next 5-minutes than 3rd Target 5354.

Downtrend
Sell around 5249 with StopLoss 5266
1st Target 5232 2nd Target 5216

Risky Trades for Risky Traders
Buy at 5267 with StopLoss 5246
1st Target 5302 2nd Target 5322

Risky Trades for Risky Traders
Sell at 5260 with StopLoss 5280
1st Target 5242 2nd Target 5230
If sustain above 5226 for next 4-minutes than 3rd Target 5206-5182.

:: Be Alert ::
Below 5230 we see nifty to fall till 5180-65 levels.
Short Selling at higher level is Recommended Today for Risky traders.

:: Positional Nifty Alert ::
* NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry. Nifty came around 5230 so our positional trade got active.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

Thursday, July 1, 2010

1st July 2010 - Market Review

Good Afternoon,

Current Nifty Spot at 5251.40 and Current Nifty Future at 5259

As told that Nifty likely to take support at 5250-60, average trading happen at 5252.53.

Market Today :
The Nifty opened weak, tracking lower Asian stocks. The market extended losses in morning trade. The Nifty weakened once again to hit fresh intraday low in early afternoon trade. The market recovered from lower level in afternoon trade soon after hitting a fresh intraday low of 5231. The intraday recovery gathered steam in mid-afternoon trade and lead it to touch 5268 level.

Lower food price inflation and reports of revival of monsoon rains in soybean-growing areas of central region, aided the recovery on the domestic bourses. The market breadth turned positive from negative. Metal, IT and realty stocks fell.

We still believe, if Nifty breaks 5230 level, a fall till 5180-65 levels is possible.

:: Given Todays PreMarket Trades ::
Buy at 5310 with StopLoss 5282 (Not Came)
Sell around 5292 with StopLoss 5314 (Not Came)

Risky Trades for Risky Traders
Buy at 5258 with StopLoss 5232
Before this trade we gave our LIVE TRADE:
Buy Nifty at 5244 StopLoss 5222 (Nifty Low 5231)
1st target 5264 (Achieved)
2nd target 5284 (Came till 5268)
Closed at 5259

Risky Trades for Risky Traders
Sell at 5232 with StopLoss 5258 (Not done)

:: Given BTST Trades ::

NIFTY
Buy at 5255 with StopLoss 5230
1st Target 5285 2nd Target 5310

Equity - IGL (Code 532514)
BUY at 265-67 with Stoploss 258
Targets 272-276-280

:: Positional Nifty Alert ::
* NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry. Nifty came around 5230 so our positional trade got active.
* Please Note: Given BUY around 5320 in earlier post but even that was not triggred.

:: Be Alert ::
* Report on Currency and Finance to be released on July 1, 2010 at 5.00 PM
* Rupee dropped to its lowest level in more than three weeks on Thursday, weighed down by falling stocks and the dollar's gains versus major currencies.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

1st July 2010 Live Trade

:: Todays Live Trade ::
Buy Nifty at 5244 StopLoss 5222
1st target 5264 2nd target 5284

...Wishing You Always Happy Trading...

1st July 2010 (PreMarket)

Good Morning,

Current Nifty Spot at 5312.50 and Current Nifty Future at 5318.95

Market may open Negative due to Global cues, likely to take support at 5250-60. Below 5230 we see nifty to fall till 5180-65 levels. Short Selling at higher level is Recommended Today.

Reasons behind Volatility in Market:

MARKET is very Volatile from Monday, due to many reasons, be concious every moment.

RELIEF PACKAGE RELEASED IN EUROPE OF 650BILLION EUROS
The European Central Bank said it will lend banks 131.9 billion euros ($161.5 billion) at 1% for three months as a landmark year-long loan expires. (This lead Jerk from 5266 to 5297 in 9 Seconds yesterday)

MUTUAL FUND
Yesterday was the day for Mutual Fund, so all Mutual Fund have closed market at Higher level, to have a Higher NAV. Today we will witness its aftershock.

SEBI’s RECENT GUIDELINES
It will be crucial to see the effect of SEBI’s recent guidelines regarding the disclosure norms of FIIs. The market regulator has asked the FIIs to announce any short positions that they are taking in the market immediately.

NOTIFICATION FROM RBI
Reference Letter No. RBI/2009-10/514DBOD.Dir.BC.116 /13.03.00/2009-10
Banks' Exposure to Capital Market – Loans extended by banks to Mutual Funds and Issue of Irrevocable Payment Commitments (IPCs)

Report on Currency and Finance to be released on July 1, 2010 at 5.00 PM

:: FII Activity ::
FII activity in Equity Rs. +589.88 Cr. as on 30th Jun. 2010
FII activity in Nifty Rs. + 95.82 Cr. as on 30th Jun. 2010

Volume Watch :
Yesterday Nifty July 2010 futures were at 5318.95, at a premium of 6.45 points over spot closing of 5312.50. Turnover in NSE's futures & options (F&O) segment declined to Rs 80,424.10 crore from Rs 82,409.73 crore on Tuesday, 29 June 2010.

Resistances : 5280-5310-5330-5354
Supports : 5264-5254-5230-5180

:: Trend Decider Level ::
Good Above 5309 and Weak Below 5282
NO TRADING ZONE BETWEEN THIS TWO LEVELS

:: Todays PreMarket Trades ::

Uptrend
Buy at 5310 with StopLoss 5282
1st Target 5330 2nd Target 5348
If sustain above 5358 for next 5-minutes than 3rd Target 5374-5384.

Downtrend
Sell around 5292 with StopLoss 5314
1st Target 5272 2nd Target 5258

Risky Trades for Risky Traders
Buy at 5258 with StopLoss 5232
1st Target 5282 2nd Target 5302

Risky Trades for Risky Traders
Sell at 5232 with StopLoss 5258
1st Target 5212 2nd Target 5198
If sustain above 5196 for next 5-minutes than 3rd Target 5186-82.

:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry. (Still Not Active)
Please Note: Given BUY around 5320 in earlier post but even that was not triggred.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

Wednesday, June 30, 2010

30th June 2010 (Market Today)

Good AfterNoon,

Current Nifty Spot at 5312.50
Current Nifty Future at 5318.95
High 5323 Low 5225

Market Today :
It was a remarkable day for the Indian market which completely outperformed its global peers, fought off weakness in US and Asia and traded positive. There was good buying in oil & gas, FMCG and media stocks and heavyweights like Reliance and ONGC helped the market stay up. Sensex shut shop at 17700, up 166 points and Nifty at 5312, up 56 points from the previous close. CNX Midcap index was up 0.5% and BSE SmallCap index was up 0.4%. The market breadth was positive with advances at 763 against declines of 515 on the NSE.

We told in our morning post that we likely to wittness the recent 7th April 2010 highs of 5400 levels very soon if Nifty sustain and close above 5354. Still we suggest you to avoid shorting at all level.

As expected, Todays MARKET was very Volatile, hope all are safe...

Reasons behind Volatility in Market:

RELIEF PACKAGE RELEASED IN EUROPE OF 650BILLION EUROS
The European Central Bank said it will lend banks 131.9 billion euros ($161.5 billion) @ 1% for three months as a landmark year-long loan expires.

MUTUAL FUND
All Mutual Fund have closed market at Higher level as today was the last day for month, to have a Higher NAV.

:: Given Trend Decider Level ::
Good Above 5230 and Weak Below 5218
Today there are no permarket trades.

:: Given Todays Live Trades ::

Uptrend
Buy at 5230 with StopLoss 5206
1st Target 5248 2nd Target 5268
If sustain above 5278 for next 5-minutes than 3rd Target 5298-5314. (Achieved)

Downtrend
Sell around 5294 with StopLoss 5318
1st Target 5272 (Achieved)
2nd Target 5258 (Came till 5266)

Risky Trades for Risky Traders
Buy at 5277 with StopLoss 5251
1st Target 5294 (Achieved)
2nd Target 5314 (Achieved)

:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry.

:: Suggestion-LongTerm Stratagy ::
IF you are holding Long Positions, Keep Stop Loss Below 5220.
IF you are holding Short Positions, Keep Stop Loss Above 5398

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

30th June 2010 Live Trades

Good Noon,

Current Nifty Spot at 5256.15
Current Nifty Future at 5268.50
FII Activity in Equity Rs -261.15 Cr. as on 29th Jun. 2010
FII Activity in NIFTY Futures Rs. -1458.22 Cr. as on 29th Jun. 2010

Today Nifty weakened once again after turning positive to hit fresh intraday highs in morning trade. Weak Asian stocks weighed on investor sentiment. Index heavyweight Reliance Industries (RIL) extended initial gains. But, banking and IT stocks fell. The market breadth was negative.

Prime Minister Manmohan Singh said on Tuesday, 29 June 2010, said capital inflows have not become a problem for the Indian economy as of now and the country does not face a situation that requires imposition of capital controls.

Nifty at the end, Technical and fundamental charts, which were showing downtrend signal just came out from its danger level for a day but now it is again showing downtrend signal with high volume.

We are likely to wittness the recent 7th April 2010 highs of 5400 levels very soon if Nifty sustain and close above 5354.

We suggest you to avoid shorting at all level. Todays MARKET will be very Volatile, be concious every moment.

Resistances : 5274-5290-5320
Supports : 5254-5220-5190

:: Trend Decider Level ::
Good Above 5230 and Weak Below 5218
Today there are no permarket trades.

:: Todays Live Trades ::

Uptrend
Buy at 5230 with StopLoss 5206
1st Target 5248 2nd Target 5268
If sustain above 5278 for next 5-minutes than 3rd Target 5298-5314.

Downtrend
Sell around 5294 with StopLoss 5318
1st Target 5272 2nd Target 5258

Risky Trades for Risky Traders
Buy at 5277 with StopLoss 5251
1st Target 5294 2nd Target 5314


:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5230 with SL 5180-65 for Target 5542-5600 in July Expiry.

:: Suggestion-LongTerm Stratagy ::
IF you are holding Long Positions, Keep Stop Loss Below 5220.
IF you are holding Short Positions, Keep Stop Loss Above 5398

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

Tuesday, June 29, 2010

29th June 2010 - Market Today

Good Evening,

Current Nifty Spot at 5256.15 and Current Nifty Future at 5268.50

Today Selling pressure intensified as Nifty hit fresh intraday lows in mid-afternoon trade. Asian and European stocks and US index futures slumped. Metal stocks tumbled after the Conference Board corrected down its April 2010 gauge for the outlook of China's economy. Banking and realty stocks also fell.

The Insurance Regulatory and Development Authority (Irda) announced drastic changes to Unit Linked Insurance Plans (Ulips) on Monday, 28 June 2010, cutting agent commissions, increasing the lock-in period and making it a more risk-based product. The move follows last week's government ordinance on these popular insurance-investment plans, bringing them squarely under Irda's purview.

:: Given Todays PreMarket Trades ::

Uptrend
Buy at 5330 with StopLoss 5306 (Nifty High 5322)

Downtrend
Sell Below 5289 with StopLoss 5309
1st Target 5272 (Achieved)
2nd Target 5258 (Achieved)
If sustain below 5254 for 2-minutes than 3rd Target 5240 (Nifty Low 5240.10)
(Profit Earned Almost 31 points + 14 points)


Risky Trades
Only If opens gap up around 5350-55 (Not Came)
Only If opens gap down around 5310-15 (Nifty Open at 5322)

:: Given Todays Live Trade ::
(ONLY FOR RISKY TRADERS)
Buy at 5266 with StopLoss 5256 for Target 5282
(Nifty came till 5274 and Closed at 5268)

:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5320 with SL 5230 for Target 5542-5600 in July Expiry. (Still Not Active)

:: Suggestion-LongTerm Stratagy ::
IF you are holding Long Positions, Keep Stop Loss Below 5230.
IF you are holding Short Positions, Keep Stop Loss Above 5398

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

29th June 2010 (PreMarket)

Good Morning,

Current Nifty Spot at 5333.50
Current Nifty Future at 5338.55
FII Activity in Equity Rs +792.79 Cr. as on 28th Jun. 2010
FII Activity in NIFTY Futures Rs. + 25.21 Cr. as on 28th Jun. 2010

Nifty at the end, Technical and fundamental charts, which were showing downtrend signal just came out from its danger level. It is again showing uptrend signal but with low volume. We are likely to wittness the recent 7th April 2010 highs of 5400 levels very soon if Nifty sustain and close above 5354 today. We suggest you to avoid shorting in Gap Down Opening. Todays MARKET will be very Volatile, be concious every moment.

Resistances : 5345-5364-5384
Supports : 5290-5272-5244

:: Trend Decider Level ::
Good Above 5330 and Weak Below 5318

:: Todays PreMarket Trades ::

Uptrend
Buy at 5330 with StopLoss 5306
1st Target 5348 2nd Target 5364
If sustain above 5374 for next 5-minutes than 3rd Target 5394.

Downtrend
Sell Below 5289 with StopLoss 5309
1st Target 5272 2nd Target 5258
If sustain below 5254 for 2-minutes than 3rd Target 5240

Risky Trades

Only If opens gap up around 5350-55
Sell at 5356 with StopLoss 5369
1st Target 5336 2nd Target 5318

Only If opens gap down around 5310-15
Buy at 5316 with StopLoss 5290
1st Target 5332 2nd Target 5362

Top 10 Scripts for Future & Options :
01. RELIANCE
02. HINDPETRO
03. BPCL
04. RCOM
05. ONGC
06. RELINFRA
07. TATASTEEL
08. IOC
09. ICICIBANK
10. ABAN

:: Positional Nifty Alert ::
NEW-or-Fresh Positional Investers may BUY around 5320 with SL 5230 for Target 5542-5600 in July Expiry.

:: Suggestion-LongTerm Stratagy ::
IF you are holding Long Positions, Keep Stop Loss Below 5230.
IF you are holding Short Positions, Keep Stop Loss Above 5398

:: Some Important Points ::
The progress of the monsoon will be keenly watched.
Bulls expected to consolidate gains - Outlook still positive.
Liquidity is coming back in market; be stock specific.
Invest in Index Funds for Diversifying your Portfolio.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

Monday, June 28, 2010

28th June 2010 Market Outlook

Market Commentary :

Intraday volatility was high. The market opened on a firm note, as a partial decontrol of fuel prices on Friday, 25 June 2010, and expectations of a good monsoon this year, boosted sentiments. Stocks extended gains in morning trade. The market pared gains in mid-morning trade. The market regained strength in early afternoon trade. The market pared gains soon after hitting fresh intraday high in afternoon trade. The market once again regained strength to hit fresh intraday high in mid-afternoon trade as European stocks rose. The market extended gains to hit fresh intraday high in late trade.

Prime Minister Manmohan Singh on Sunday at the G20 meet warned of the risk of global double-dip recession if countries simultaneously cut government spending, recommending a nuanced approach for dealing with public debt. India, he said, would halve its fiscal deficit by 2013/14. Asia's third largest economy is projected to hit a deficit of 5.5% of GDP in the current fiscal year that ends in March 2011.

The market sentiment remains strong, with most Indian firms, including Reliance Industries, L&T, Tata Steel and Tata Motors, paying higher advance tax in Q1 June 2010 over Q1 June 2009. Higher advance tax payment normally indicates higher profits for the period under review. Advance tax payments by companies during the April-June quarter account for 15% of the total advance tax payable in the fiscal year.

SOMETHING about FIIs :

Foreign institutional investors (FIIs) sold shares worth a net Rs 284.10 crore on Friday, 25 June 2010, compared to an inflow of Rs 1238.40 crore on Thursday, 24 June 2010.

The net outflow of Rs 284.10 crore on 25 June 2010 was a result of gross purchases Rs 1375.80 crore and gross sales Rs 1659.80 crore. There was an outflow of Rs 276 crore from the secondary equity markets which was a result of gross purchases Rs 1375.80 crore and gross sales Rs 1651.70 crore. The BSE 30-share Sensex fell 155.71 points or 0.88% to 17,574.53 on that day.

There was an outflow of Rs 8.10 crore from the category 'primary market & others'.
FII inflow in June 2010 totaled Rs 9804.40 crore (till 25 June 2010). FIIs had sold equities worth Rs 9436.70 crore in May 2010. FII inflow in the calendar year 2010 totaled Rs 30373.40 crore (till 25 June 2010).

There are a total of 1,714 foreign funds registered with the Securities & Exchange Board of India.

Allover Market Review :

Nifty hit fresh intraday highs in late trade as European stocks and US index futures rose. The market breadth was strong. Oil & gas stocks extended Friday's (25 June 2010) sharp gains after the government freed petrol pricing and raised prices of other fuels. Metal, auto, sugar and realty stocks also gained. Except the BSE FMCG index, all the other sectoral indices on BSE were in green.

Nifty July 2010 futures were at 5338.55, at a premium of 5.05 points over spot closing of 5333.50. Turnover in NSE's futures & options (F&O) segment fell to Rs 60,166.73 crore from Rs 77,422.45 crore on Friday, 25 June 2010.

The intermediate trend remains up and we are seeing continuation of higher top higher bottom formation on the Daily chart. On the upside, as Nifty managed to trade and close above 5332 levels now we are likely to test 5350 levels or even the recent 7th April 2010 highs of 5400 levels very soon.

Traders holding long positions can trail the stop loss to 5050 levels and trade with positive bias as long as the markets hold 5050 levels.

Given Live Trade on Messenger:
Buy at 5333 with StopLoss 5314
1st Target 5348 (Nifty High 5345)
2nd Target 5368

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

JUNE 2010 REPORT

BELOW GIVEN CHART IS FOR THE MONTH OF JUNE 2010

CLICK ON THE CHART TO ENLARGE IT


Nifty in view of experts