MY VIEW

The GDP data shows that our economy has started to march forward. In addition with revival measures taken by the govt, I feel that our economy will be the center of attraction for other economies. In the process of weeding out terrorism many new places may turn to be good investment avenue consequently creating fresh demands. In future, I feel Indian standard of living will be high than US.

As steel ministry said that it will encourage domestic production; steel sector looks more attractive, especially sail as it will increase its production capacity. To my mind sterlite company's price chart looks good for investment; however I expect a small correction in nifty come week. If you are a long term investor it doesn't bothers you can invest. To my knowledge it will reach 700 levels in 3 to 6 months. In infra sector LT is good as infra structure as priority in budget. In power sector price chart of siemens is best for investment. In the chart there is rounding bottom which shows accumulation is taking place so for long term investment it is good.

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MY VIEW
Today market ended in green.Yesterday, as June contract ended in discount and the open interest increased, that may be considered as fresh short.Today as the GDP numbers beat the expectation, that short positions had been covered, which pushed index near 4500 levels, I feel so. As FM announced that the economy has bottom out has given a broad direction for market. I strongly believe that this month contract will have good rally but what goes up has to come down. Market has been rallying from 2600 levels without much consolidation. For this reason I feel, come week market will see some consolidation say 300 points up to 4116 level and from there another rally may begin. Let us wait and see.
Today I sold LT which bought on last Thursday for a profit of 110. I sold it because I needed money, not for the reason that the rally had ended. surely LT will touch 1500 level, one can buy this stock at every dip and hold for short term target of 1550 and for long term target of 2300 levels because infra structure is the main priority in the budget.
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MY VIEW
The quarterly GDP numbers beat the estimates and projection for come year GDP is upgraded are positive for markets. Now market is nearing 4500 levels. As the beginning of June contract is good I feel nifty will touch 5300 levels without much effort. FM said that our economy is bottom out will be the major driving force for nifty. To my mind Infra,steel,oil agriculture sectors will have great attention in this budget . so these sector scrips will be good bet but only 50% of our investment will be advisable at current levels. Let's watch how the markets end.
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MY VIEW

Today market traded and ended positive besides contract expiry, mixed Asian markets and negatively ended US market. I think only short covering has pushed the index up. In addition inflation number is flat and LT results beats expectation.Rising oil price bothers me!. However, I strongly believe that budget expectation will lead June contract to 5000 levels.
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MY VIEW

Market reacted for Fm's speech today itself. As tomorrow is expiry market may not see much up move I feel so. Foreign inflows for our country is in two ways, one through exports and other through stock market as investment. As of now there is not much dollar inflow through exports due to global slowdown, so I feel that the govt would concentrate on liberalising FII's inflow. Expect India and china other markets are not looking good for investments. so to my mind, in this budget the policies will be in such a way that it will attract more dollar inflows. I feel 5300 call option will be profitable trade for June contract. Technically among front line infra stocks only LT's price chart looks attractive. so I invested in LT to take full advantage ot this pre-budget rally.
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MY VIEW
Finance Ministers speech hinted that budget will concentrate on reviving of growth.He also specifically mentioned Infra structure sector will have priority and as labour reforms are expected consumption will pick up. so infra scrips and manufacturing scrips will be good for investments.As may contracts expires tomorrow we may not see a big reaction today or tomorrow for FMs speech. However in June contract I expect market to move up to 5000 levels.
Japan's exports is increasing for second month that is good for global market. Japan's export is largely depend on US which means that US's import as increased. so consumption in US will soon get stabilised which is good for world. These are good signs for our market.
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MY VIEW

Today market ended negative. However, technically, I strongly believe that nifty will touch 5000 levels in June.These are the reasons for my belief: Fundamentally commodity prices are bottoming out which is good for manufacturing sector. In addition budget is expected in July, which is gives a broad direction for the market. As the IIP data is contracting every month and as this govt is famous for economic reforms, manufacturing sector will have priority.Moreover credit has become cheap. However consumption is not good which determines the bottom line.To encourage consumption, I believe the budget will hold a key to drive consumption.For these reasons I personally believe that market will have a pre-budget rally up to 5000 levels.
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MY VIEW

The same government crowned again is positive for the market that too with majority is great for the market.As the govt is famous for reforms we can expect more reforms.I feel the power and capital goods sector will be good investment avenue.I expect the market to touch 5300 levels before budget and correction may take place at these levels.Furthermore in currency future chart I spot a rising wedge which is bearish, so I feel rupee will appreciate in future.In addition institutions are waiting for results to enter market and the results are surprising so the market may see huge inflows till budget.
I bought LT at 1300 and waiting to book profit at 1500 levels.I have confidence that this scrip will touch 1500 levels before budget.Technically it has good bottom in chart tempted me to buy.

For some reasons I could not update regularly but in future I will update frequently.
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