Monday, July 12, 2010

Sunday conference on Nifty outlook 11Jul 2010

Dhanvarsha Group (7/11/2010 8:53:20 PM): hi all
Santosh Kumar (7/11/2010 8:53:32 PM): hi all
suthar1980 (7/11/2010 8:54:00 PM): Hey all there
Dhanvarsha Group (7/11/2010 8:54:04 PM): mr dikshit ask ur doubts to santosh
Santosh Kumar (7/11/2010 8:54:06 PM): right
Santosh Kumar (7/11/2010 8:54:09 PM): hi all
Santosh Kumar (7/11/2010 8:54:17 PM): good evening to all of u
govind deekshit (7/11/2010 8:54:43 PM): good evening
Santosh Kumar (7/11/2010 8:54:48 PM): we are here to have a talk on 2moro market
suthar1980 (7/11/2010 8:54:51 PM): good evening
suthar1980 (7/11/2010 8:54:54 PM): all
Santosh Kumar (7/11/2010 8:54:58 PM): or coming week market
suthar1980 (7/11/2010 8:54:58 PM): Yep
suthar1980 (7/11/2010 8:55:08 PM): Yep
govind deekshit (7/11/2010 8:55:15 PM): sir, as i am new my questions look stupid
suthar1980 (7/11/2010 8:55:30 PM): No worries
Santosh Kumar (7/11/2010 8:55:35 PM): can we share here our knowledge, news and opinion
govind deekshit (7/11/2010 8:55:53 PM): oh now is blooming
suthar1980 (7/11/2010 8:56:08 PM): Yep
dhanvarshagrp (7/11/2010 8:56:17 PM): please ask nothing is stupid is the place for learning
Santosh Kumar (7/11/2010 8:56:32 PM): if someone has any Q about a particular stock, I could forecast technically
Bibin Prasannan (7/11/2010 8:56:35 PM): sir ji what do you feel about ongc you told mixed signals
govind deekshit (7/11/2010 8:56:40 PM): good sir, but every thing shall be taken more positively
govind deekshit (7/11/2010 8:56:51 PM): my mind always blogs on stop loss
Bibin Prasannan (7/11/2010 8:57:03 PM): technical even i m confused in ongc
govind deekshit (7/11/2010 8:57:12 PM): here after you mean sir
suthar1980 (7/11/2010 8:57:13 PM): hmm
Bibin Prasannan (7/11/2010 8:57:26 PM): williams %r also in the negative zone i think
Santosh Kumar (7/11/2010 8:57:26 PM): all right
govind deekshit (7/11/2010 8:58:13 PM): ok sir can you enlighten me hpcl futures and madhucon delivery position
Santosh Kumar (7/11/2010 8:58:39 PM): one by one frnd
govind deekshit (7/11/2010 8:59:07 PM): then sir, please call the name to question then interference will not be there
Santosh Kumar (7/11/2010 9:00:31 PM): who asked about ongc
Dhanvarsha Group (7/11/2010 9:01:09 PM): please writeur views he will see later at aangan
Santosh Kumar (7/11/2010 9:01:16 PM): ongc seems technicaly strong
Santosh Kumar (7/11/2010 9:02:02 PM): though 5th wave of ongc finished on 07 Jul
Santosh Kumar (7/11/2010 9:02:47 PM): even now for short time it seems strong
Santosh Kumar (7/11/2010 9:03:19 PM): but my advise to all is not to go for long
Santosh Kumar (7/11/2010 9:03:34 PM): its oversold now
Arvind Gandhi (7/11/2010 9:09:21 PM): 5388 is 61% of the main fall 52-- tp 2200
Santosh Kumar (7/11/2010 9:09:23 PM): its possible in case something goes wrong only
Santosh Kumar (7/11/2010 9:09:34 PM): but i hope its unlikely
Dhanvarsha Group (7/11/2010 9:09:41 PM): mr dekshit i am in
Santosh Kumar (7/11/2010 9:10:05 PM): but for a short time, profit booking may be possible
Santosh Kumar (7/11/2010 9:10:18 PM): it may be healthy
SHIVANSH Rai (7/11/2010 9:10:50 PM): i think nifty will go upto5511 in next week then profit booking start
Santosh Kumar (7/11/2010 9:11:09 PM): and it nifty makes a high thn investors will inject more money in the market
Arvind Gandhi (7/11/2010 9:11:16 PM): so as per fiboonnaci close above 5388 for 2 days essential
Santosh Kumar (7/11/2010 9:11:32 PM): it may be begining of new bull era
Arvind Gandhi (7/11/2010 9:11:53 PM): FiI are positve about our market
Santosh Kumar (7/11/2010 9:12:19 PM): on the basis of nifty chart
Santosh Kumar (7/11/2010 9:12:34 PM): one may c a pattern resembling a flag breakout
Santosh Kumar (7/11/2010 9:13:26 PM): where the prices have closed marginally above the downward slopping trendline of the Flag. Any close above 17,710 / 5,320 levels would confirm a Flag pattern breakout. We maintain our view that in the coming trading session if indices manage to trade convincingly above 17,650 / 5,300levels then we could see upside momentum up to 17,814-17,960 / 5,350-5,400 levels. On the downside 17,530 / 5,242 levels may act support for the day
Santosh Kumar (7/11/2010 9:14:46 PM): US stocks gained four straight days, giving the Standard & Poor's 500 index the biggest weekly rally in a year as retailers eased concern about the economy and the International Monetary Fund raised its growth forecast
Santosh Kumar (7/11/2010 9:15:15 PM): Asian stocks have biggest weekly gain
Santosh Kumar (7/11/2010 9:16:15 PM): If someone follow GANN
Santosh Kumar (7/11/2010 9:16:22 PM): During the week FINANCIAL sector will continue to get strong ASTROLOGICAL support. In this sector watch for HDFC, GIC HSG, M&M FINANCIAL, LIC HSG, BOI, INDIAN BANK etc. HOUSING FINANCE sector will out perform. OIL & GAS sector & TELECOM sector will also be getting strong ASTRO support. BHARTI, REL COM, HPCL, BPCL along with IDEA & INDIAN OIL deserve attention in these sectors. AUTO sector will be getting planetary support & watch for MARUTI, TATA MOTOR, MAHINDRA & MAHINDRA & ASHOK LEYLAND etc in this sector.
Santosh Kumar (7/11/2010 9:17:13 PM): for those, who can understan astrological words
Santosh Kumar (7/11/2010 9:17:27 PM): during the week, moon will be transiting in cancer, leo & virgo, sun & ketu in gemini, mercury in cancer, mars & venus in leo, saturn in virgo, rahu & pluto in sagittarius, neptune in aquarius, jupiter & uranus in pisces.
Santosh Kumar (7/11/2010 9:18:06 PM): one more news
Santosh Kumar (7/11/2010 9:18:07 PM): RBI to allow currency options trading within a week
Santosh Kumar (7/11/2010 9:19:14 PM): and u must have read
Santosh Kumar (7/11/2010 9:19:15 PM): US stocks chalked up their best weekly gains in a year as investors keep a close eye on the second quarter corporate earnings season beginning Monday
Santosh Kumar (7/11/2010 9:20:52 PM): guys, all r u getting me
SHIVANSH Rai (7/11/2010 9:21:18 PM): ys wellcome
Santosh Kumar (7/11/2010 9:21:20 PM): European shares make biggest weekly gain in a year * FTSEurofirst 300 index rises 0.6 percent * Miners higher supported by firmer metal prices * Investors await earnings season
Santosh Kumar (7/11/2010 9:21:47 PM): Japan's Nikkei average booked its best weekly rise in seven months on Friday and market players said more gains may be in store after it moved away from a seven-month low and held above a key retracement support
Santosh Kumar (7/11/2010 9:22:16 PM): Gains from miners and banks pushed Britain's top share index higher for a fourth day by Friday's close as recovering risk appetite helped it post its strongest weekly gain in a year.
Santosh Kumar (7/11/2010 9:22:40 PM): i hope, the news shared by u
Santosh Kumar (7/11/2010 9:23:25 PM): can make u think that in a vry short period we can see the begining of strong bull
Santosh Kumar (7/11/2010 9:24:01 PM): i just mean to shart it with u all to read all the news and think
Santosh Kumar (7/11/2010 9:24:15 PM): what the all world expecting
Santosh Kumar (7/11/2010 9:24:54 PM): and u c
Santosh Kumar (7/11/2010 9:24:58 PM): Nifty closer to its uptrend high
Santosh Kumar (7/11/2010 9:25:49 PM): if someone go technically
Santosh Kumar (7/11/2010 9:26:32 PM): all the technical indicators giving the sign of bull
abhishek dharga (7/11/2010 9:26:56 PM): hi All
Santosh Kumar (7/11/2010 9:27:15 PM): have a look at trend,channel,macd,rsi,stoc,cci etc
Arvind Gandhi (7/11/2010 9:27:16 PM): what is your opinion sirji
Santosh Kumar (7/11/2010 9:27:36 PM): for?
dhanvarshagrp (7/11/2010 9:27:43 PM): see i will read later i m busy in other issues
Santosh Kumar (7/11/2010 9:28:06 PM): ok sir
Santosh Kumar (7/11/2010 9:28:21 PM): anyone to share something
Arvind Gandhi (7/11/2010 9:28:43 PM): ok
govind deekshit (7/11/2010 9:29:03 PM): sir, to trade one should have the knowledge of this extent
Santosh Kumar (7/11/2010 9:29:22 PM): eveyone requested to share their views
Santosh Kumar (7/11/2010 9:30:04 PM): brother, to be a successfull trader whether u need to be a good player
Santosh Kumar (7/11/2010 9:30:20 PM): or second option to follow a good player
Santosh Kumar (7/11/2010 9:30:59 PM): but one must have a light knowledge of fundamental
Santosh Kumar (7/11/2010 9:31:34 PM): and technical as well
SHIVANSH Rai (7/11/2010 9:31:59 PM): santoshji please guess the stock of the week
Santosh Kumar (7/11/2010 9:32:11 PM): coz frnd, we are going invest our hard erning money
Santosh Kumar (7/11/2010 9:32:55 PM): u ppl can add me, i will try to make u update with things
Santosh Kumar (7/11/2010 9:33:16 PM): as im not a professional trade, but its just my passion trading and analysing
Santosh Kumar (7/11/2010 9:34:09 PM): I really hate LOSS
Santosh Kumar (7/11/2010 9:34:50 PM): and one of my request to all of u, if u wish to be a successful in the world of stock market
Santosh Kumar (7/11/2010 9:35:02 PM): control ur emotions
Santosh Kumar (7/11/2010 9:35:21 PM): its the our biggest enemy who make us go for loss
Santosh Kumar (7/11/2010 9:36:41 PM): Retail, Telecom and Sugar ruled the D-street on the sectoral front for the week ended July 09, 2010. During the week India`s benchmark index, BSE Sensex gained 372.59 points or 2.13% to settle at 17,833.54. Meanwhile, the broad based Nifty rose by 115.35 points or 2.10% to settle the week at 5,352.45.
Santosh Kumar (7/11/2010 9:37:00 PM): Retail: Positive due to expected news of opening up of retail sector to foreign direct investment (FDI). Shares of retail stocks like Pantaloon Retail, Provogue (India) gained over 3% after the government pitched in for foreign direct investment in the sector on July 06, 2010.
Santosh Kumar (7/11/2010 9:37:21 PM): Telecom: Heavy buying seen Shares of telecom stocks rallied over 10% on Friday, July 07 after Credit Suisse upgraded the ratings. The leading global financial services company with headquarters in Zurich upgraded the ratings of Bharti to `outperform` from `neutral`, Reliance Communications to `neutral` from `underperform`, and Idea Cellular to `outperform` from under perform.
Santosh Kumar (7/11/2010 9:37:35 PM): Sugar: Looks positive - decontrol of sugar sector but surplus sugar may have some impact on pricing. Shares of sugar companies got a shot in the arm after agriculture minister Sharad Pawar said it`s the right time to decontrol the sugar sector. The front line stocks like Bajaj Hindustan, Shree Renuka, Balarampur Chini showed sharp positive movements.
Santosh Kumar (7/11/2010 9:38:14 PM): The Nifty closed above 5,330 on Friday on buying in telecom, technology and banking stocks, but volumes were marginally lower than the previous volumes
Santosh Kumar (7/11/2010 9:38:33 PM): Foreign institutional investors covered considerable short positions in index and stock futures last week in anticipation a bull rally. The open interest in Nifty futures declined by almost three million shares due to short unwinding. The market picture chart from Bloomberg indicates top traders built fresh long positions through buy trades.
Santosh Kumar (7/11/2010 9:39:11 PM): In options, implied volatility has fallen marginally, indicating the market will trade with a positive bias on Monday. The next week is expected to be eventful with the Nifty expected to zoom past its previous 52-week high and top the 5,400 level. The Sensex is expected to move above its previous 52-week high of 18,047 some time next week.
Santosh Kumar (7/11/2010 9:39:26 PM): Nifty July futures saw short-covering of two million shares on Friday in intra-day trade and fresh long build-up of around one million shares thereafter.
Santosh Kumar (7/11/2010 9:39:47 PM): However, the Nifty moved in a tight range of 5,340-5,360 due to lack of support and profit-booking at higher levels. Bloomberg data show short-covering and significantly high volumes (over 55 per cent) near time-price opportunity (TPO) areas (5,350-5,360). Going ahead, minor resistance, according to TPO charts, is at 5,370, while the volume-based resistance is likely around 5,390.
Santosh Kumar (7/11/2010 9:40:17 PM): The 5,200-5,300-strike calls saw unwinding of short positions while the 5,400-strike call saw short-covering and long build-up. Long participants also bought the 5,300-strike call and put on expectation of a major movement in the Nifty, breaching either upside resistance or downside support. However, build-up of open interest in the 5,200-strike put indicates the index is unlikely to go below 5,230 in the near future.
Santosh Kumar (7/11/2010 9:40:37 PM): Plz make above news and try to understan it
Arvind Gandhi (7/11/2010 9:41:49 PM): ys you are giving very vital information thanks
Santosh Kumar (7/11/2010 9:41:59 PM): and try to aquire a bit knowledge of F&O, call & put
dhanvarshagrp (7/11/2010 9:42:08 PM): who
Santosh Kumar (7/11/2010 9:42:16 PM): volatility and vix
Santosh Kumar (7/11/2010 9:42:57 PM): it can make u understan the range of nifty moving to either direction
govind deekshit (7/11/2010 9:43:45 PM): sir, we have started the discussion with ongc is it over sir,
Santosh Kumar (7/11/2010 9:44:57 PM): dear frnd, as u know ongc have made a quickest high
Santosh Kumar (7/11/2010 9:45:42 PM): and from 2nd of july, its declining
Santosh Kumar (7/11/2010 9:46:19 PM): and on 8th jul, it stopped declining
Santosh Kumar (7/11/2010 9:48:12 PM): and it may try to move a bit upper but i cant go for it
Santosh Kumar (7/11/2010 9:48:32 PM): for ongc, wait till it gives a sign of buy
Santosh Kumar (7/11/2010 9:49:02 PM): hi all
Santosh Kumar (7/11/2010 9:49:07 PM): r u getting me
dhanvarshagrp (7/11/2010 9:49:27 PM): ya i m getting u
Santosh Kumar (7/11/2010 9:49:36 PM): now i will have to leave sir
dhanvarshagrp (7/11/2010 9:49:57 PM): ok it is 10 na gn to all
SHIVANSH Rai (7/11/2010 9:50:09 PM): bye
Santosh Kumar (7/11/2010 9:50:10 PM): coz at 07.30 PM, i have to go somewhere
Santosh Kumar (7/11/2010 9:50:44 PM): hope, i was a bit helpful for u all
dhanvarshagrp (7/11/2010 9:50:50 PM): see on each sunday 7 to 10 open to all
Arvind Gandhi (7/11/2010 9:51:05 PM): ok
govind deekshit (7/11/2010 9:52:45 PM): GOOD NIGHT SIRS
Arvind Gandhi (7/11/2010 9:54:06 PM): okBookmark

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