MARKET VIEW FOR JAN-30

                             Dear all RBI announced their monetary policy By cut repo 25bps & CRR 25bps. Repo rate as expected one but CRR cut not on card but they announced like a bonus offer. If They announced without CRR cut, market might felled heavily.Due to addition of CRR cut was managed the market above 6046 level. If any close below 6046 market may get fear that will bring towards 5900 level. as of now responsible bulls took necessary steps on lower level.Let us see howlong bulls will save the market???
                 DII's are still not participated in this rally yet, they always looking to take their money out. If u check last 2 month they continuously sell off their holding. Suppose they give support or at least stay as a idle then we may see new high otherwise we never hit new high. Already we said here that, market whether move up or down but desiring persons would be an Indians not FII's. Now dii's have to take decision whether stay as a bears or change their attitude & push the market on top level.Our nifty support & resistance levels are very accurately working.    

Nifty resistance-6080-6085, 6112-6126 (major)
Nifty support   - 6046-6040, 6007-5996 (major)
  
  BHEL     : Buy near 222 sl 218 target 
                 will be 228, 231
  BIOCON : Sell near 282 sl 286 target
                 will be 277, 274 

PORTFOLIO ALERT

      No update now....

THANKS & REGARDS
      NSEBSENOW

MARKET SUGGESTION FOR JAN-29

                                       Market eagerly waiting for RBI Credit policy. Please be ready for any side movement. We are expecting rbi may cut repo rates by 25bps, But we thought it already factor in this rally. If RBI cuts 50bps then market turns into highly bullish. Otherwise market would be flat or may be profit booking. Where ever market may move but closing will be very important. Close anywhere above 6126 is bullish or close anywhere below 6000 will be very danger.
                 If we consider technical indicator of BANKNIFTY shows now bullish only. But heavy weight stocks are holding the market now. If any disappoint in RBI policy then all heavy weight bank stocks will see more profit booking, this effect may bring the nifty below 6000. so be careful, try to take some hedging options equal to your holdings.

Nifty resistance-6112-6126, 6160-6180 (major)
Nifty support   - 6046-6040, 6007-5996 (major)  
  
 BANKNIFTY   :buy above 12850 sl of 12800 target
                      will be 12912,12980
                                       or
                      Sell below 12700 sl of 12750 target
                       will be 12630,12500

PORTFOLIO ALERT

              please hold 6000 put which we bought @30.

THANKS & REGARDS
      NSEBSENOW

 

MARKET PREDICTION FOR JAN-25

                                    Last two-three days market slowly moving towards downside.Now we having only support is 6000 mark. In OI 6000 put seen more liquidation nearly 15lak shares. Also 5800 put adds nearly 10lak shares OI. As per OI now 6200 call is major resistance with 97lak shares & downside 5800 put holding with 84 lak shares in OI. some of midcap stocks now shows profit booking heavily. Only heavy weight stocks holding the nifty now.Although  FII's still buying heavily. So they are mostly concentrating on index based stocks & heavy weight stocks only.
                   Please keep note one think, If nifty break 6000 mark then market sentiment will gets more weak & more profit booking will start. If we are in bull market means nifty never ever break 5992. In bank sector some of banks were fallen more than 8% in last 2-3days. In bank nifty also some of heavyweight stocks are holding the banknifty index. so be careful. world markets are in peak nearly 2-3 years high, suppose if world market starts profit booking then our market fall more from here.

Nifty resistance-6046-6050, 6080-6085 (major)
Nifty support   - 6007-5992, 5968-5960 (major)     

No calls for today ....sell any stock if nifty break 6000

PORTFOLIO ALERT

              Our portfolio stock hdil fallen heavily. Please hold we will do some average but not now. It has to settledown to some level. Buy one lot nifty 6000 put only @ 30
 
  THANKS & REGARDS
      NSEBSENOW

MARKET MAP FOR JAN-23

                          As per our view nifty took exact support at 6040-6046 & closed at 6048. It's now near to our support level. We already said here that dollar seems to be strong so this will effect in equity market.please be caution on upside, Because open interest of nifty call option 6000-6200 adds nearly 15lak shares.Also some liquidation seen in put option. If we consider Nifty EOD chart it shows little bearish now. Please keep sl for all your longs at 6007 on closing basis.
               Banknifty also seems to be little weak & also nervous, because  some rumours are going on in market regarding RBI interest rate which keep hold with no change.Let us see what will happen???. Nifty closing below 6046 will be little danger. Keep this in your mind while trading. 

Nifty resistance-6075-6080, 6100-6105 (major)
Nifty support   - 6024, 6007-6077-6083, (major)  

BHEL             : Buy above 232.5 sl of 229 target
                       will be 236, 240 Keep hold this...
JSW STEEL    :Sell below 857 sl of 863 target
                       wil be 851,844
SESAGOA        :Buy near 183 sl of 180 target
                       will be 188, 192 (positionally)

PORTFOLIO ALERT

  Keep hold as per our view.....
 
  THANKS & REGARDS
      NSEBSENOW

MARKET SUGGESTION FOR JAN-22

                            Weeks first day nifty starts with positively.As per open interest now nifty holding very good support at 6000. 6000 Put holding with 90lak shares in OI.Upside resistance now 6200 & Call holding with 82 lak shares in OI.So market seems to be range between 6000-6200. Fii's as usual they non-stop Buyers in our market. Now keep watch on Dollar rate because if it comes below 53 then profit booking will come in equity market.
              In Q3 results  as of now 80% of corporates shows good result. We are looking market will be in range bound up to RBI credit policy. This month Fii's invested nearly 15k cr in equities. So fii's still bullish mood only. We have to wait upto RBI announcement.

Nifty resistance-6100, 6120-6124 (major)
Nifty support   - 6064, 6046-6040, (major)  

BHEL             : Buy above 232.5 sl of 229 target
                       will be 236, 240
JINDALSTEEL:Buy above 424 sl of 420 target
                       wil be 428,435

PORTFOLIO ALERT

  Keep hold as per our view.....
 
  THANKS & REGARDS
      NSEBSENOW

MARKET VIEW FOR JAN-18

                                 Market moving as per our view, keep the same view, that is every dip is a buying chance only. So keep buy keep on buy on every dip with max sl of 5968 on closing basis only.Our resistance levels worked out very well. In nifty 6000 put adds nearly 14lak+ shares in OI (open interest). This may gives more & more energy to bulls now. For short term nifty will give good support at 6000. In call options we seen some liquidation in their position.
                    We are looking some upside target towards 6150-5180.since last one month we are looking for this number only. please note one thing please avoid bank & auto sectors now.Try to concentrate on reality, metal, oil sectors....After market hour Hero motocorp delivered Q3 result below expectation.Let us see what will be the reaction in that stock????

Nifty resistance-6080-6085, 6115-6124 (major)
Nifty support   - 6000-6010, (major)  

TITAN       : Buy above 279 sl of 276 target
                   will be 283, 287
TATASTEEL:Buy above 421 sl of 417 target
                  wil be 426,431 

PORTFOLIO ALERT

  DLF exited at253. Buy Hdil at 121 quantity 152.

  THANKS & REGARDS
      NSEBSENOW

MARKET SUGGESTION FOR JAN-17

                       Market now having very fear.If we look weekly chart nifty bearish below 5968-5960 only. So any dip near to this support level is a buying chance only. For healthy upmove we need this type of consolidation. Because some under performed stocks will looking to move up now. Please concentrate on some undervalued stocks. 
                   Still FII's buying continuously even nifty loose 50+ points but fii's bought more than 1000 cr in cash. So they are highly bullish in our indian market. Upto RBI policy market seems to be flat or range bound only.We recommending please avoid bank stock for next two week or trade light quantity.As of now bluchip firms delivered good result. If we consider in OI of nifty market seems to be liitle bearish. But we don't mind it now, responsible buyer will take market to higher.

Nifty resistance-6030, 6050-6060 (major)
Nifty support   - 5980, 5960-5968 (major) 

Zeel      :Sell below 222 sl of 225 target 
               will be 218, 215
Rel infra: Sell below 535 sl of 538 target
               will be 529,524

PORTFOLIO ALERT

  keep hold all stocks, Keep sl of DLF at 248, if u get 253 then exit from dlf.
  THANKS & REGARDS
      NSEBSENOW

NIFTY, STOCK RECOMMENDATION FOR JAN-15

                          As per our view nifty bounced very well & closed at 2 year high. TCS announced  their result after market hours & deliver above expectation. So this may give some more energy to bulls. Also axisbank result will announce in market time. If they will submit good result then market may see new high. While consider OI nifty seems to be bullish only, Niftyfuture moving towards target of 6200. It may see in 2-3 days.
                 Banks also today shows some good upmove, major bluechip banks axis & hdfc bank results are coming in this week. So we are looking 13000+ in this week. Please consider metal sector, reality sector for fresh buying. These two sectors not performed as of now in this bull run.Now mostly bears wiped out by hot bulls. bulls party starts on, keep watch where to end this rally.
Hereafter our all levels of nifty, bank nifty, stocks on spot levels only. if need we will mention for future.
Nifty resistance-6046, 6085, 6110-6124 (major)
Nifty support   - 6007, 5980, 5956-5940 (major)
In the last post in stock calls we did mistake, instead of BANKINDIA we mention BANKNIFTY ....Sorry for inconvenience
HDFC BANK   :Buy above 670 sl 664 target 
                      will be 677, 683
BHEL             :Buy above 232 sl 230 target
                       will be 237,241

PORTFOLIO ALERT

  keep hold all stocks, DLF moved today very strongly still we expect more upside on cards.
THANKS & REGARDS
      NSEBSENOW 

 

MARKET ON MONDAY JAN-14

WISH YOU VERY HAPPY MAKAR SANKRANTI & PONGAL 

             

            Market last week closed bearishly. Weekly candle chart shows dark cloud cover pattern. Even infosys posts good result & moved remarkably but nifty went down on friday & closed near to day's low. Now what next??? will it move up or down??? Here we give some level's of nifty, keep this level while trading...

Upside resistance - 5979, 6007, 6025-6046 major  

Downside support- 5929, 5888, 5950-5960 major

   These are support & resistance levels of nifty for next week. Two thing that we have to note for next week, These may be a trend changer. First one FII's  because Market not moved much in this month as of now but they invest more than 8k cr in this month.They continuously pumping money here. So they may expect some upside still intact. Please check this in the following link http://www.sebi.gov.in/sebiweb/investment/FIITrendsNew.jsp

             Second one is Upcoming Q3 results in this week in bluechip companies. That may also act as a major trend changer in nifty. TCS, AXIS BANK, ITC,HDFC BANK, HERO MOTOCORP,YES BANK, Etc....Already infosys did this job very well. Let us watch other corporate results....If we consider these things nifty may bounce any time from any level.

BANK NIFTY    :Sell below 360 sl of 364 target 

                        will be 355,349 

SESA GOA      :Buy above 197 sl 194 target 

                         will be 202, 210

PORTFOLIO ALERT

  keep hold all stocks
THANKS & REGARDS
      NSEBSENOW 

  

NIFTY, STOCK CALLS FOR JAN-11

                         As per our view market seems to little bearish only. Exactly closed our support level of 5968. Please don't go any long position now. We are looking now down side target of 5850-5860. weekend day market looking for two major announcement 1)Infosys result 2) NOV month IIP data. So be careful. If infosys result comes out negatively then we may see nifty below 5900. Infosys result seems to be come below expectation.
                Banks are getting consolidation now because it eagerly looking for RBI credit policy. if banks will give support then nifty may bounce from here. Let us see what will happen...FII's still stay as a buyers but they are also now looking for pull out their profits. Today may be a trend desiring day. please watch at the end of day fii's status.As per OI nifty seems to be flat.
ACC       : Sell below 1376 sl of 1385 target
                will be 1363, 1347
PNB       : Sell below 884 sl of 890 target
               will be 875,864

PORTFOLIO ALERT

  No calls now... keep hold all stocks

THANKS & REGARDS
      NSEBSENOW 

INFOSYS RESULT PACK

           Tomorrow infosys result. After result it may move any direction but what we expecting is??? it can run min 150 point to max 250 points in one dorection.So we will do some hedging ...

1) SHORT INFY FUTURE at 2345-2350- one lot
2) BUY INFY 2400 CE at 62       -one lot
3) BUY INFY 2450 CE at 42       -one lot

 We will intimate exit level after result. please contact us if any doubt @ yahoo messenger supriya03122008@yahoo.in 
THANKS & REGARDS
      NSEBSENOW 

MARKET VIEW FOR JAN-10

                          Dear all market seems to be little nervous. We already said support & resistance of nifty. In downside support 5968 & upside resistance 6046. Last two days nifty tested 5968. we already said that once nifty break this level bears will enter in to market.  See now lot of indicators shows bearish. Example EOD chart candle shows bearish engulf pattern, Parabolic stop & reverse (SAR) shows bearish signal, RSI falling,  etc....see the picture

  As usual FII's bought today also ...as usual DII's sold. As per open interest also nifty seems tobe little weak now. For long term perspective nifty bullish only But only short term little bearish. Please buy only closing above 6046. Upto that every upside is a chance for go short. with max sl 6050....Now every one expecting corporates Q3 earning. If results would come above the expectation then market may try to move up.
BANKINDIA   : Sell below 367 sl of 371 target
                        will be 362, 357
SUN TV         : Sell below 431 sl of 435 target
                        will be 425,421

PORTFOLIO ALERT

  We exited syndicate bank at 141. Please hold other stock.

                     Friday infosys Result So we are looking to do some good strategy in that.Interested please watch our site on market time. Anytime we will update here.

THANKS & REGARDS
      NSEBSENOW 

MARKET & STOCK RECOMMENDATION FOR JAN-09

                   Last two days market were very confusion, This is just fear only. But one thing is clear here in nifty, that is range of market. upper side sealed at 6042-6048 in bottom side at 5962-5968. It is now 80 points range & next movement will start when the nifty have to close above or below these levels. Upto that market will go on consolidation phase.
                           This consolidation is very important for next upmove and also some underperformed stocks will try to move up. Please enter some midcap, junior nifty stocks. Now One and only hope for bulls is FII's. Because they continuously pumping their money here. FII's believing more than DII's that, india is good growing country & still indian markets are more cheap than others. 
                       If DII's do this process continuously then full suffer,headache & loss will go only to small investor & small traders. I will give suggestion to all small traders please don't trade emotionally trade with trend don't do against the trend.Indian market will go up or down that has to be decided by DII's or indians not FII's. But here all are different. ALL ARE FATE

TATASTEEL  : Sell below 430 sl 433 target
                    will be 426,422
IBREALEST  : Buy above 80.3 sl 79.5 target
                     will be 82, 83.3
PANTALOON: Buy above 268 sl 266 target
                      will be 271, 275

PORTFOLIO ALERT

  Monday lic sl not hitted. so keep hold. exit syndicate bank at 141. 

THANKS & REGARDS
      NSEBSENOW 

 

MARKET SUGGESTION FOR JAN 07

                Last week market shows remarkable movement & closed above the psychological resistance of 6000 mark.Bulls holding full control now. The nifty having support at 5968, keep this level for all your long holding. Once nifty break this support line then bears will again enter in to market. So keep this in your mind before trading.  Now upside resistance for nifty is 6046-6050. If nifty break this level then we may see 70-80 points immediately. 
           Bank nifty as per weekly chart closed very nicely. One more up move is possible with target of 300+ points from here with sl of 12657. Keep sl for all your long on bank nifty at 12200 upto RBI policy it will be  stable above this level only. Also marekt expecting Q3 earnings of companies.
NEWS OF THE DAY                                                                                        
 1) Telecoms panel meeting on airwave auction  
 2) coal-power inter-ministerial meeting on long-term supply pacts in India's power sector-  So trade telecom & power sector with small quantity.

SYNDICATE BANK: Buy above 137 sl 134 target 
                             will be 140,144
ZEEL                    : Sell below 226 sl of 129 target
                              will be 222, 219

PORTFOLIO ALERT

  We are invested more than 80% amount. We need to hold some cash for buying at downside. So now we exit from some of stocks. Keep lic sl of 290. 



THANKS & REGARDS
      NSEBSENOW   

NIFTY, STOCK VIEWS FOR JAN-03

                         Market starts this year with positive note. Also tested the 6000 mark.  Nifty moving towards the all time high. Fii's did their duty very well as a bulls & pushing the market up. As per our view nifty broke 5968 by gap up opening. now we have another resistance is 6007. This level also seems to be  break by another gap up, once crosses 6007 then another struggling is 6046. 6046 is an important level for this rally,  nifty have to cross this point with volume or it has to trade above this level for 30-45 min. Then our final target for this rally is 6150-6180.
               Once nifty touches our target then profit booking may come. We will deliver our levels later. keep watch our site for further levels.For next 10-15 days banks will go to fire. Because of RBI policy, expectation on rate cut.  let us see.. As per open interest nifty have to hit 6200 very soon
BANKINDIA   : Sell near to 368 sl of 371 target 
                       will be 362, 357
BHEL             :Buy above 240 sl 237 target
                       will be 244.5 , 249

PORTFOLIO ALERT

  Book profit in tatasteel at 452. buy sesagoa 50 nos at 204   

THANKS & REGARDS
      NSEBSENOW