YESTERDAY'S PERFORMANCE

NIFTY LEVELS
As I said Iam expecting a gap up opening,but I was wrong!And I said in case gap down opening buy at every dip that too went wrong!
BHARIARTL
This stock opended at 553 and low is the same.So it provided no trading opportunity.But earlier I told to have a put option at 550 levels that worked out.

MY VIEW

POST SESSION
As results were bad for some front line stocks,SEBI's meeting about promoters pledging shares took the market to close in red.I expected OBAMA's inception would boost to the market but not.

TOMORROW'S VIEW
As SEBI had imposed a rule, that promoters has to disclose their position of stake holding in their company periodically, may not be good for market.I feel market will break the crucial support of 2524.And ril results to come tomorrow.Again I prefer selling at every raise as quarterly results are not to be too promising.

NIFTY LEVELS
SUP 2656,2553, CRUCIAL SUP 2524
RES 2846

TOMORROW'S PICK

GOLDBEES
Today this stock managed to close above crucial resistant of 1338 and ended at 1343.And technically, I feel there will be a rally for 1372 and above.For short term we can buy hold for a target 1372.

If you have any suggestion pls take pain to drop comments.
Thanks for visiting!

YESTERDAY'S PERFORMANCE.
Yesterday I gave UBL and BHARTIARTL tips.
UBL
This stock's open and low are same and closed at 75 level.I gave buy call, it has given 6 Rs profit.
BHARTIARTL
This stock's open,high are same and closed at 616 level.I gave sell call, it has given nearly 25 Rs profit.

MY VIEW
Post market session.
To day market reacted to global cues.And tatasteel posted a loss may be one reason.

TOMORROW VIEW.
NIFTY LEVEL.
To our time, from tonight US will be lead by new president,which is the crucial cue for tomorrow trend.For tomorrow I feel nifty would trade between 2600-2900 levels.If nifty has a gap up opening say above 2800 around 2850 it may lead to 2950-3000,then I prefer selling at higher levels and if it has gap down opening say around 2650-2700,I prefer buying at every dip for a target of 2800.What I expect is gap up opening and sell and buy.Reason for why Iam preferring selling is because this week front line stocks results are to come .And as I feel this quarter results are not going to be so strong I prefer selling.

TOMORROW TIP'S.
BHARTIARTL.
As I said, technically in chart it has selling pressure.Tomorrow too If market has a gap up opening then sell this stock at every raise.I have given a target for 550 levels.

If you have any suggestion about my view's on market then please take pain to drop your comments.
Thanks for visiting!

MY VIEW
As tomorrow is a historic day and great expectation on stimulus package markets are spurring.I feel this up moves will be seen as profit booking opportunity.Crucial resistant level for nifty's up move is 3148.To my understanding only after centre election this 3148 level breakout will have meaning.

TOMORROW'S TIPS
Tomorrow UBL result.Technically in the chart I see a bottom formation is taking place.If results are to the expectation this stock would be intraday buy.And If anyone wants invest for long term then 20-30% of total can be invested if the results are good.

BHARTIARTL's result is on 22.Technically I feel there is some selling pressure in the chart.I feel this stock would correct to 530-550 levels.To my knowledge market may not move upwards continuously in prevailing situation so one use the opportunity of market falls to sell and buy this stock for intraday.
Thanks for visiting!

MY VIEW,

Due to some reasons I could not upate Iam sorry!

I feel this year started with a great shock, Iam referring satyam.I think market was waiting for some negative news to go down and satyam gave it.But still I strongly believe until 3148 level is broken there will be no up move.

Jan 20 in US, new president is taking charge,so for that reason I think markets are showing up move.As he is expected to announce stimulus package in a big way markets are waiting eagerly.Remember US jobless claims and drop in retail sales are increasing and bankruptcy filing companies too.Whatever measures govt takes will yield desired results in future only, so I feel the worst is not over yet.US market and Indian market still not bottomed out.As centre election is to be held in couple of months will give us a short term view.

As I said earlier about MARICO scrip that technically it has good bottom and suggested for investment.I followed it in the past 10 days it showed good support at 50 levels.so I decided to invest in it for one of my clients. Along with marico I bought JPASSOCIAT at 66.8 for my client.I feel technically it too forms bottom but I won't assure that it will not go beyond that level.As power sector is good for investment,if it goes beyond 66 levels it good for investment.

And now I am following bhartiairtel.I feel technically it has more room to go down.When I feel it is good for investment I share with you.Iam scanning for more stocks for investment when the market reaches 2524 and below levels.

Thanks for visiting!

MY VIEW

This week market showed some positive closes.Come week the corporate results will be the driving factor for the market.As I said in the past ,results will not be so good Iam not confident in buying.Still ,I belive strongly that unless market closes above 3148 levels there will be no up move.

This week I feel I had lost one good oppurtunity in marico scrip.It has ended 60 this week. I was thinking market will come down further and will even low level but things were different, ok I take part in another rally.

I hope new year will be good for everyone.I spend jan 1 happly.I went to 'LORD RAGAVENDRA" temple in bhuvanagiri worshiped with full satisfaction.

MY VIEW ABOUT MARKET CAP.

Generally I choose scrips which as good market cap because easy liquidity.In FII's point of view, if market cap to GDP ratio of a country is around 70% to80%, they enter for buying.If this ratio is below 70% it is considered as under valued and above 80% it is overvalued.And now india's market cap to GDP is 57%.Though it is undervalued ,election is ahead ,which will restrain them from buying.I feel april will be the right time for investing. .

To my understanding the quaterly results will be poor and anticipated GDP growth is low which will futher decrease the market to GDP ratio.

So I hope we may see some good market cap scrips at low value.Iam searching for those type of scrips which I without fail share with you at right time.

Thanks for visiting!