Showing posts with label nifty4500. Show all posts
Showing posts with label nifty4500. Show all posts

Friday, September 23, 2011

Nifty levels to watch

Fear across the world of global slowdown ,USA in recession situtsaion again after 2008 and banking in trouble now in europe a painfull excercise in stock market ,since two trading session after "OPERATION TWIST" introduced by Ben Barnanke situtaion very bearsih and fear of another gloabl slowdownpulling stock market at crash levels ,day by day market hammering low by low.
Dow Jones and NASDAQ down yesterday almost 3% each this situation also happening in Asian market open down after 200 point down in Nifty investor worries where nifty can go down .

Nifty now trading around 4900 and now sgx nifty more lower by 60-70 point around 4830 level so a negative start expecting in Indian market too.

In this situation if nifty break 4800 then nifty get support around 4450 level until this level no buying expecting and if market more bearish more 300-400 point down expecting in nifty but long term investor start buying around 4500 levels at least 25% of their investment in stock like Infra and consumer goods industries.

avoid metals and banking stocks now ,some positive investment looking sector like power generation industry seen so sector to watch in 2012.

Friday, August 19, 2011

Market today

Yesterday as i advice to short nifty target achived on nifty .

Global market sharp fall due to fear of us and europe turmoil
sgx nifty trading around 4851 hang seng and asian market
trading around 2-3% down .

Today market also open with downtreand and nifty alomost
 to open near 4800 and also this is support level for intra
 day one can buy nifty around 4830 with stoploss of 4788
for a target of 4878 -4915 .

Buy IFCI around 37.25-37.60 with stoploss of 35.85 for a
 target of 40.50 in intraday.long term buy sintex indutries
 around 138-139 with stoploss of 136 for a target of 154 .