MARKET THIS WEEK

 Markets across the globe which looked down and out for the count by mid-week, witnessed a U-turn over the last few trading sessions of the week.Indian markets which came under huge selling pressure during the earlier trading sessions of the week, witnessed value buying and short covering in the latter half of the week, as the global markets suddenly seemed to improve.There was also the factor of the derivatives expirty on Thursday that triggered huge short-covering which too helped our indices to surge.Buying which emerged in the latter half of the week was further aided by positive news about a resurgent north European economic scenario and some easing of tensions in Korea.The settlement between the Ambani brothers was another important event that took place at the start of the week. As a result, ADAG stocks rose between 5% and 20% in the week, with RNRL leading the pack.The erstwhile battered metal stocks, witnessed considerable value buying in the latter half of the week following a late rebound at the LME.The first of its kind, Standard Chartered Bank's IDR issue did not get a wholehearted response from Indian investors, indicating either a lack of interest or lack of understanding of the new concept of IDRs.With the result season now ending and all major positives appearing discounted, among local factors, it appears to be only the advent of the rains that may act a catalyst to sustain the rally.One may now keep an eye on fertiliser stocks with the monsoons inching closer.Needless to say, the announcement of the fourth quarter GDP data on Monday too could influence the near term market trend going forward.Despite the fact that the Indian benchmark indices gained about 2.5% during the week, one may avoid taking aggressive positions hereon, as there is an ominous fact that must not be overlooked.The FIIs were net sellers during the week and that is a negative near term indicator.Whether this is merely profit taking for re-entry at lower levels or a pull-out for a specific time frame could well determine the medium term trend for the market.Hence, we recommend taking partial profits off the table at successive market upswings.

28.05.2010 - HAPPY FRIDAY

HAPPY FRIDAY 28.05.2010

YESTERDAY US MARKET

Dow 10,258.99 +284.54 +2.85%

Nasdaq 2,277.68 +81.80 +3.73%
S&P 500 1,103.06 +35.11 +3.29%

TODAY ASIAN MARKET
Nikkei 225 9,805.46 +165.74 +1.72%

Hang Seng 19,761.96 +330.59 +1.70%

GLOBAL MARKETS ALL ARE GREEN

TODAY OUR MARKET GAP UP OPEN WITH 20 TO 25 POINTS

TODAY HOT BUYING STOCKS

ITC
CAIRN
TATA MOTORS
TATA STEEL
GAIL
JINDAL STEEL

TODAY RESULTS
PUNJ LLOYD
VOLTAS

ITC TARGET 281

PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG

TODAY NIFTY STRONG SUPPORT 4950

RESISTANCE 5030 - 5050 - 5080 - 5102

9.00 AM: OUR MARKET GOOD START

BUY ITC TARGET 281 - 283

TATA MOTOTORS 775 -

NIFTY CROSS 5080

THEN 5102

DELIVERY CALL BUY RNRL TARGET 60+

TATA MOTORS TARGET 800+

TRADERS KEEP EYE ON NIFTY EVERYTIME

DON'T TRADE AGAINST MARKET

NIFTY DOWN DON'T BUY

NIFTY UP TREND DON'T SHORT

EVERYTIME DO SWING TRADING

DON'T WAIT FOR LONG TIME FOR PROFIT

9.20 am : CARIN INDIA ROCKING

9.30 AM : BUY JINDAL STEEL TARGET 646 - 648

TRADERS ADD IN YOUR SCREEN JUNE NIFTY F&O CALL 5100 AND PUT 5000

JINDAL STEEL MY TARGET ACHIEVED ENJOY HAPPY FRIDAY

SESAGOA ROCKING

ITC MY TARGET  281 ACHIEVED ENJOY HAPPY FRIDAY


SESA GOA 8% UP

10.23 am : MARKET VOLATILE DONT FEAR

NIFTY 5030 TO 5080 LEVEL STRUGGLE

10.27 am: TATA MOTORS TRY TO AVERAGE IF BOUGHT AT HIGHER LEVELS. REVISED TARGET 770

10.30 AM : PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG

NIFTY LEVEL 5030 TO 5080

10:34 AM: BUY NIFTY 5100 CALL @ 88. Target 102

11.00 AM; MARKET VOLATILE

BUT GLOBAL TREND IS GOOD

TRADERS DOUBLE MIND

11.15 AM : DON'T FEAR NIFTY UP TO 5100 LEVEL

COMMON NIFTY 5050

PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG
 TRADERS GIVE YOUR COMMENT PLEASE

DEAR TRADERS SESA GOA SHORT AT THIS LEVEL

MAINTAIN CLOSE STRICT STOPLOSS TGT 360 - 358  TRY TRY

COMMON NIFTY 5050

11.50 AM : TRADERS BE ALERT MKT. SENSITIVE

ANY ONE SHORT SESA GOA

SESAGOA DOWN DOWN

PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG

TRADERS STRICT STOPLOSS KEEP EYE ON NIFTY

 12.00 PM :NASA reports, by the next 10 MONTHS, EARTH gets hotter by 4'C from now. Himalayan glaciers r melting at a rapid rate. Lend ur hands to fight global warming -Plant more trees.-Dont waste water.-Dont use or burn plastic. And dont delete dis msg without forwarding.. SAVE our mother EARTH at any cost

12.05 PM :  TODAY GAP UP OPEN SOME PROFIT BOOKING

12.17 PM :PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG

12.28 PM :PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG

12.28PM :PLEASE EVERY 30 MINUTES CLICK ALL MY ADVERTISEMENTS IN MY BLOG

Nikkei 225	9,762.98	+123.26	+1.28%UP
Hang Seng	19,816.94	+385.57	+1.98%UP

ASIAN MARKET TRADE WITH GREEN  12.40 PM: CLICK ALL THE ADVERTISEMENTS IN MY BLOG  12.45 PM: OUR MARKET TRADE WITH FLAT  1.05 PM: EUROPE MARKET OPEN WITH GREEN EXIT FROM SESAGOA SHORT 1.10 PM; ALERT ALERT NIFTY TRY TO KISS 5080  COMMON NIFTY TRADERS PLEASE COMMENT 1.50 PM: ONLY 25 POINTS MOVE UP AND DOWN PLEASE CLICK ALL THE ADVERTISEMENTS IN MY BLOG 2.00 PM : COMMENT PLEASE PLEASE CLICK ALL THE ADVERTISEMENTS IN MY BLOG 2.05 PM: COMMON NIFTY TODAY KING SESAGOA 9% UP 2.13 PM : NIFTY 5080  3.10pm : NIFTY 5080 3.30pm : NIFTY CLOSING WITH 5058 HAPPY FRIDAY

HAPPY THURSDAY - 27.05.2010

HAPPY THURSDAY - 27.05.2010

YESTERDAY US MARKET UPDATE
Dow 9,974.45 -69.30 -0.69% DOWN

Nasdaq 2,195.88 -15.07 -0.68% DOWN
S&P 500 1,067.95 -6.08 -0.57% DOWN
YESTERDAY US MARKET OPEN WITH GREEN
BUT CLOSING WITH RED
MICROSOFT 4% DOWN
DOWJONES SLIP WITH 10,000 MARK

TODAY ASIAN MARKET
Nikkei 225 9,467.63 -55.03 -0.58% DOWN

Hang Seng 19,237.88 +41.43 +0.22% UP
Straits Times 2,700.21 +4.19 +0.16% UP
TRADING WITH FLAT

TODAY HOT BUYING STOCKS
CAIRN INDIA
GSPL
SBIN
RELIANCE
TATAMOTORS

WATCH NIFTY CAREFULLY
NIFTY RESISTANCE 4950 - 4980 - 5002
NIFTY SUPPORT 4881 - 4850 - 4786

TODAY EXPIRY DAY OUR MARKET VOLATILE
SO TRADERS TRADE CAREFULLY

REFRESH YOUR WEB PAGE EVERY 15 MINUETES
WE WILL GIVE THE CURRENT STATUS

9.00 AM : OUR MARKET OPEN WITH FLAT

9.20 am : BUY TATA MOTORS 714 TARGET 720

BUY TATA STEEL 477 TARGET 486

9.30 AM : NIFTY WILL ZOOM TO KISS 4950

BUY SBIN 2170 TARGET 2199

KEEP EYE ON NIFTY LEVEL

TRADE WITH STRICT STOPLOSS

9.45 AM :CAUTION MARKET VERY SENSITIVE

TRADE WITH STRICT STOPLOSS

TODAY OUR BUY CALL CAIRN INDIA MOVING UP

ASIAN MARKET TRADE WITH GREEN

10.00 AM: SESAGOA DOWN DOWN

LOOK SBIN ZOOOOOOOOM

10.10 am : TATA MOTORS TARGET ACHIEVED NOW 722

NIFTY 4931 , COMMON NIFTY

AFTERNOON ALERT NIFTY WILL BROKE

TRADERS WILL BE ALERT KEEP EYE ON NIFTY EVERY TIME

10.20 am : NIFTY NOW 4949
 IT WILL BROKEN 4980

11.00 AM : MARKET SENSITIVE KEEP EYE ON NIFTY

11.30 AM : COMMON NIFTY 4980

12.00 pm :

Hang Seng 19,340.27 +143.82 +0.75%
Straits Times 2,719.27 +23.25 +0.86%
ASIA TRADING WITH GREEN

12.20 PM: NIFTY 4950

12.30 PM : TATA STEEL TARGET ACHIEVED BOOK PROFIT

SESAGOA MOVE UP TO 335 UPTREND

DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

TATA STEEL NEXT TARGET 492

TATA STEEL ZOOM

SBIN NEAR TO MY TARGET PLEASE BOOK PROFIT

TATA STEEL ALSO

12.40 PM : EUROPEAN MARKET 1% UP

DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

TATA STEEL SECOND TARGET ACHIEVED 492

12.45 PM: NIFTY WILL GO TO 4980 ALREADY I TOLD TODAY MORNING

BOOK PROFIT CAIRN,GSPL,RELIANCE ALSO

KEEP EYE ON NIFTY

NIFTY WILL U TURN POSSIBLE

ALERT ALERT

1.00 PM :DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

NIFTY WILL TRY TO MOVE

DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

1.30PM. DEAR TRADERS, DONOT TRADE LIKE THIS MARKET LEVEL ONLY KEEP WATCHING NIFTY.

DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

2.10 pm: BUY LIC HOUSING FINANCE 921 TARGET 930

PLEASE GIVE YOUR COMMENT BELOW
DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

TATA MOTORS ROCKING

OUR LIC HOUSING FINANCE CALL NEAR THE TARGET


2,20PM LIC HOUSING FINANCE  TARGET 930 ACHIEVED

2.45pm : TODAY MORNING I TOLD 4980

BROKEN 5000 POSSIBLE. COMMON NIFTY

TRADERS COMMENT PLEASE

DEAR TRADERS PLEASE CLICK ALL THE ADVETISEMENTS IN MY BLOG

3.00PM : NIFTY TRY TO CROSS 5000

5000 BROKEN
3.25 PM : HAPPY THURSDAY
BYE ALL THE TRADERS

MEET YOU AGAIN TOMMOROW MORNING 8.45AM

WAITING YOU GOOD TIPS ON TOMMOROW

26.05.2010

 26.05.2010
HAPPY WEDNESDAY
TODAY OUR GAP UP OPENING NIFTY 40 TO 50 POINTS

TODAY SELL CALL

CUMMINS
LIC HOUSING FINANCE
SESA GOA

BUY CALL
CIPLA
RELIANCE

9.20 am  :  SELL CUMMINS AND SESAGOA AT CMP
SELL CUMMINS AND SESAGOA AT CMP


TOMMOROW EXPIRY  SO MARKET UP AND DOWN

11.00 AM : MARKET VOLATILE REGARDING EXPIRY
LIC HOUSING FINANCE TARGET ACHIEVED

12.00 PM : CIPLA TARGET ACHIEVED PROFIT BOOK

12.40 PM: EUROPE MARKET 1% UP

2.45PM: MARKET GOOD RECOVER
TATA MOTORS ZOOOOOOOOOOM

TODAY OUR MARKET IS GOOD COMEBACK ABOVE 2% UP

TODAY EUROPE OPEN WITH GREEN

THESE ALL GOOD NEWS FOR TRADERS

TODAY NIGHT US MARKET WILL OPEN WITH GREEN?

TOMMOROW OUR MARKET WILL ZOOOOOOOOOOOM

GAP UP OPEN AND NIFTY WILL REACH 5100

IT WILL POSSIBLE?

100% TRADERS ALL PRAY FOR THIS

HAPPY WEDNESDAY

25.05.2010

HAPPY TUESDAY 25.05.2010

YESTERDAY US MARKET

Dow 10,066.57 -126.82 -1.24% DOWN

Nasdaq 2,213.55 -15.49 -0.69% DOWN
S&P 500 1,073.65 -14.04 -1.29% DOWN

YESTERDAY EUROPE MARKET
FTSE 100 5,069.61 +6.68 +0.13% UP
DAX 5,805.68 -23.57 -0.40% DOWN
CAC 40 3,430.93 +0.19 +0.01% UP

TODAY ASIAN MARKET
Nikkei 225 9,526.67 -231.73 -2.37% DOWN
Hang Seng 19,282.73 -385.03 -1.96% DOWN
Straits Times 2,691.43 -32.44 -1.19% DOWN

TODAY TIPS

SBIN  SELL SELL    2243.00    TARGET   2222

MARUTHI  SELL SELL 1220 TARGET 1210



ITC BUY  268.00    TARGET 273.00

JK TYRE BUY 181   TARGET  185

ALL ARE TRADE WITH STRICT STOPLESS

BEFORE TRADE KEEP EYE ON NIFTY


SBIN TARGET ACHIEVED
MARUTHI TARGET ACHIEVED

10.10 am : BUY TATA MOTORS 685   TARGET 693 - 697

10.15 AM : NIFTY SUPPORT 4850 - 4800
RESISTANCE 4902-4950-5000
NIFTY LAST SUPPORT 4702

AFTERNOON NIFTY WILL "U" TURN

JK TYRE STRICT STOPLOSS 177

ITC STRICT STOPLOSS 266

TATA MOTORS 1ST TARGET ACHIEVED 693
 BOOK PROFIT

RISKY TRADERS NEXT TGT 697

11.00 AM : WATCH NIFTY AFTERNOON "U" TURN
NIFTY WILL GAIN 30 TO 40 POINTS

BUY  TATA STEEL 490 TARGET 497

NIFTY 4850 SUPPORT

11.10 am : DONT AFRAID NIFTY WILL REGAIN

1.30PM =
FTSE 100 4,921.50 -148.11 -2.92% DOWN
DAX 5,642.41 -163.27 -2.81% DOWN
CAC 40 3,335.53 -95.40 -2.78% DOWN
Nikkei 225 9,459.89 -298.51 -3.06% DOWN

Hang Seng 19,036.32 -631.44 -3.21% DOWN
Straits Times 2,655.47 -68.40 -2.51% DOWN

2.00 PM :  Every day one bad news hit on the market.. Euro zone.. now new problems, S.Korea Vs. N.Korea fight.. :

Govt may free Petrol / Diesal price.. : when the Curde trade at 70$ we may needs to pay more then when It trade at 80$..
Telecom Sector may suck the money from Market : 75k crs


2.00 PM :   NIFTY 4844>>>>>>>>4860>>>>>>>4880>>>>>>>4895

3.00 pm : NIFTY FINAL SUPPORT 4702

INDIAN MARKET - 24.05.2010

 The Indian markets closed in the negative after what was a juggernaut of a start to the day.

In the closing sessions, there was intense selling pressure which led to the submission of all its early gains made earier in the day.
Sensex shut shop at 16428, in the negative by 17 points while Nifty stropped at 4928, in the red by 2 points since its previous close.
CNX Midcap index was down 0.1% and BSE Smallcap index was up 0.4%.
The market breadth was positive with advances at 886 against declines of 400 on the NSE.

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 21-May-2010.
FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value

FII 21-May-2010 ON FRIDAY =  1831.38 3371.7    -1540.32
PLEASE LOOK AT THIS DATA FOREIGN INSTITUTIONAL INVESTORS (FII) MAJOR
SELLING AFTER 3 MONTH LEVEL. ( -1540.32)

OUR MARKET LOOK LIKE A NEGATIVE TREND NIFTY MAJOR SUPPORT 4950 BROKEN
TODAY, NEXT SUPPORT 4900 - 4800

TOMORROW CLOSING BELOW NIFTY 4850 UNEXPECTED SELLING POSSIBLE.

PLEASE EXIT ALL LONG

TRADE WITH SAFE , ONLY  TRADE INTRADAY

U.S. stock futures

U.S. stock index futures pointed to a lower open on Wall Street on Monday following the previous session's late rally, with futures for the S&P 500 SPc1 down 0.68 percent, Dow Jones DJc1 futures down 0.52 percent and Nasdaq 100 NDc1 futures down 0.43 percent at 0830 GMT.

* European shares were flat in morning trade, as a rebound in mining shares was offset by worries in the banking sector after the Bank of Spain took over the running of Spanish savings bank CajaSur. [.EU]
* Japan's Nikkei average fell 0.3 percent to its lowest close in more than five months as investors remained wary about taking on more risky assets without assurance that a recent stock slide is over. [.T]
* Oil snapped three straight sessions of declines and slightly rose above $70 a barrel on Monday, but analysts said sentiment remains fragile and prices could again be hit by macroeconomic pessimism.
* Investors will keep an eye on the National Association of Realtors' existing home sales data for April, due at 1400 GMT, for fresh insight on the outlook for the economy.
* China struck a conciliatory note at the opening of talks with the United States by vowing to spur domestic demand and keeping a guarded opening to exchange rate reform, which the Obama administration says is needed to rebalance the global economy. [ID:nNTOE64M02]
* Marriott International Inc (MAR.N: Quote, Profile, Research), the largest U.S. hotel chain, aims to double the number of Marriott brand hotels in China within five years and intends to introduce a lower-priced hotel brand in the near future.
* Equity One Inc (EQY.N: Quote, Profile, Research) said on Sunday it would buy Capital Shopping Centres Group Plc's (CSCG.L: Quote, Profile, Research) U.S. unit in a $258.3 million deal, helping the U.S. shopping center owner expand into California.
* U.S. stocks snapped a three-day losing streak on Friday as investors bought beaten-down shares including banks on bets the financial regulation bill won't be as onerous as some had feared.
* The Dow Jones industrial average .DJI gained 125.38 points, or 1.25 percent, to 10,193.39. The Standard & Poor's 500 Index .SPX jumped 16.10 points, or 1.50 percent, to 1,087.69. The Nasdaq Composite Index .IXIC rose 25.03 points, or 1.14 percent, to 2,229.04. (Reporting by Blaise Robinson; Editing by David Holmes)

EOD ANALYSIS ( IMPORTANT COMPANY'S)

Scipt Name = SBIN ,Last Close = 2264

Action	Signal Price	StopLoss	Target1	Target2	Target3
Buy	2286.64	2196.08	2331.92	2377.2	2467.76
Sell	2218.72	2309.28	2173.44	2128.16	2060.24

FNO UPDATES for SBIN

Settlement Price	2264.2
No of Contracts Traded	21614
Todays Volume in Lakh	64025.04
Total Open Interest	32283
Change in Open Interest	30492

GLOBAL TREND

The stock market had another tumultuous ride this week as disarray in Europe heightened fears of a global economic slowdown. Despite a late-day comeback on Friday, major stock indexes are down about 10 percent from the peak they reached in late April.

Declines of that size are known as a "correction." They are normal during a bull market and are even seen as a healthy way for a market to regain its bearings after a long period of uninterrupted gains. The correction that started this week is the first for the bull market that began in March of last year.
Whether the correction has mostly run its course or turns into a bear market, defined as a decline of 20 percent or more, is anyone's guess. Stock indexes ended with solid gains Friday after starting the day lower and dipping below 10,000; the Dow closed up 125 points.
The Dow Jones industrial average plunged 376 points Thursday, its worst one-day drop in more than a year. Stocks are now about where they were in early February and down 2 percent for the year.
Jacob Gold, a financial adviser and CEO of Jacob Gold & Associates in Scottsdale, Ariz., says the market collapse of 2008 is fresh in the memories of clients who have been peppering him with calls and e-mails this week.
"They're second-guessing themselves because they don't want to end up giving the economy the benefit of the doubt and having it hurt them," he said. "People are still licking their wounds from 2008 and they're not in a position to put themselves at risk like they once did."
The immediate catalyst for this week's sharp declines was deepening confusion over how Europe intends tget control of its public finances, restore order to financial markets and instill confidence in the continent's shared currency, the euro.
Germany broke ranks from its European neighbors this week, single-handedly reining in speculative trading in European bonds. And on Friday it was rebuffed in its calls for harsh punishments for European countries that consistently flout rules on fiscal spending limits.
Greece is struggling to cope with staggering debt, and investors fear it could end up dragging other economically weak European countries down with it. If Europe's banks crack down on lending, the thinking goes, other banks around the world could follow suit, tripping up economies around the world.
The unsettling news from Europe this week also reminded investors how tepid the U.S. economic recovery really is in historical terms. Gross domestic product rose at an annual rate of 3.2 percent in the first three months of the year, but that's not nearly as strong of a comeback as is typical after a deep recession. Companies also aren't hiring that much, unemployment is still 9.9 percent and the housing market hasn't recovered from its slump.
"Normally you would get a much stronger snapback," said Paul Ballew, chief economist at Nationwide Insurance in Columbus, Ohio, and a former senior economist with the Federal Reserve. "Given the magnitude of the downturn, growth should be much stronger than that already."
U.S. markets opened lower again on Friday, but a rally in financial shares helped stocks move higher. JPMorgan Chase & Co. and Bank of America Corp. were the biggest gainers in the 30 stocks that make up the Dow Jones industrial average. They and other financial shares rose after the Senate passed long-awaited financial reform legislation, removing a significant overhang for U.S. banks.
In other signs that some investors were regaining an appetite for risk, the price of ultra-safe Treasury securities edged lower after spiking on Thursday, the dollar edged lower, commodity prices stabilized and gold prices fell.
The Dow rose 125.38, or 1.3 percent, to 10,193.39. The broader Standard & Poor's 500 index rose 16.10, or 1.5 percent, to 1,087.69. The Nasdaq composite index rose 25.03, or 1.1 percent, to 2,229.04.
About three stocks rose for every one that fell on the New York Stock Exchange, where consolidated volume was 8.1 billion shares, versus 8.5 billion shares Thursday.
The Dow fell below 10,000 during early trading Friday before recovering. It last fell through that level on May 6, when it briefly plunged nearly 1,000 points in an afternoon rout that was its biggest intraday slide. Regulators have said they are still unclear on what caused that brief plunge.
The three-week slide since the market hit its recent peak in late April has shaved $1.3 trillion of value from the S&P 500 index in the 19 trading days through Thursday. That's more than the $1 trillion Europe and the International Monetary Fund pledged to shore up weak European economies.
On the positive side, traders said it was encouraging to see that the S&P 500 came close to, but didn't fall below the level it touched on Feb. 8, its lowest point it reached so far this year. Market analysts pay close attention to technical indicators like that one, which they call "support levels."
With this week's bumpy ride and the "flash crash" of two weeks ago, investors are struggling to make sense of all the factors whipsawing the market.
"Uncertainty is driving investors' money right now," said Andrew B. Busch, global foreign currency and public policy strategist at BMO Capital Markets. "There are so many unresolved issues — Europe's debt crisis, the flash crash, financial reform — and nobody knows how it's going to play out."
The Nasdaq composite index, which is dominated by technology stocks, has been more volatile than the broader market in the last week. Tech stocks tend to recover faster after a recession than those of other industries because businesses will often ramp up spending in computer equipment early in an economic recovery.By the same token, those companies may be the first to feel the pinch if negative economic signs lead businesses to tighten their purse strings. Some money managers say the Nasdaq's decline may be overdone.
"I think a lot of good technology companies are being taken down unnecessarily in the latest downdraft," said Michael Cuggino, president and portfolio manager at Permanent Portfolio Family of Funds in San Francisco. "That may present some interesting opportunities."

Mkts see sharp intraday recovery

4,900 by itself is not relevant, says Parag Doctor of krsnacapital.com. “We have held 4,950 twice in the last ten days or so before we broke it couple of days back. That is a level which is to be watched and today’s high is around those levels. So for a rally to emerge, we have to at least get pass 4,950. We are at an important psychological level. The 10% correction that we have had is in line with the global markets.”

    “We are still in an intermediate down trend,” says Sudeep Bandyopadhyay of Spice Group. There are a whole lot of uncertainties in the market, whether you look at Europe, or at China, or at even the India-specific liquidity issues, we are in for a period of intermediate down trend, he adds.
Where is it headed?
The basic trend, according to Baliga, is down. “Over the next couple of sessions we could actually move towards the 4,700-4,800 levels, where the technical position would be tested, so that, in case the market is still weak at that point, we could again see that 4500 levels. But I think the market is fairly valued at around 4,700-4,800. So basically looking from that point of view we have started nibbling in and in fact we will be buying more in case the market falls further.”
Doctor says, “From here some kind of counter trend rally can emerge especially with the settlement being there next week. Maybe you can go back and test the 5,000 levels one more time where the 200 day average is and then the market decides which direction it wants to go.”

21.05.2010

HAPPY FRIDAY

YESTERDAY US MARKET

Dow 10,068.01 -376.36 -3.60% DOWN

Nasdaq 2,204.01 -94.36 -4.11% DOWN
S&P 500 1,071.59 -43.46 -3.90% DOWN

YESTERDAY EUROPE
FTSE 100 5,073.13 -84.95 -1.65% DOWN
DAX 5,867.88 -120.79 -2.02% DOWN
CAC 40 3,432.52 -79.15 -2.25% DOWN

20.05.2010

20.05.2010
HAPPY THURSDAY
 YESTERDAY US MARKET
Dow 10,444.37 -66.58 -0.63%  DOWN

Nasdaq 2,298.37 -18.89 -0.82% DOWN

S&P 500 1,115.05 -5.75 -0.51% DOWN

YESTERDAY EUROPE MARKET
FTSE 100 5,173.18 -134.16 -2.53% DOWN
DAX 5,993.21 -162.72 -2.64% DOWN
CAC 40 3,526.80 -90.52 -2.50% DOWN
 TODAY ASIAN MARKET
Hang Seng 19,685.43 +106.45 +0.54% UP
Straits Times 2,772.17 -2.37 -0.09% DOWN
Nikkei 225 10,113.50 -73.34 -0.72% DOWN
 12.00 PM : Asian markets lower amid Europe debt doubts
NIKKI 1.50% DOWN
TRADERS ALERT AND WATCHING CAREFULLY
EUROPE WILL DOWN TODAY OUR MARKET ALSO SUDDEN DOWN
EUROPE?

19.05.2010

happy wednesday

9.00 AM : bear is ready to attack

 YESTERDAY NASDAQ = 1.57% DOWN
S&P 500 1,120.80 -16.14 -1.42%  DOWN
 YESTERDAY EUROPE
FTSE 100 5,307.34 +44.80 +0.85%  UP
DAX 6,155.93 +89.01 +1.47%  UP
CAC 40 3,617.32 +73.77 +2.08%  UP

TODAY ASIA MARKET
Nikkei 225 10,139.60 -103.04 -1.01%  DOWN
Hang Seng 19,747.02 -197.92 -0.99%  DOWN
Straits Times 2,803.44 -40.91 -1.44%  DOWN
OUR NIFTY 1.29% DOWN

12.00 PM : NIFTY IMMEDIATE SUPPORT 4982 - 4950

2.00PM : MARKET UPDATE
EUROPE  =  DAX  1.7% DOWN
CAC  2.06% DOWN
FTSE 1.92% DOWN

ASIAN MARKET
HANGSANG 1.81% DOWN
NIKKIE 0.54% DOWN
SHANGHAI 0.27% DOWN
STRAITS 1.97% DOWN
 NIFTY 2.21% DOWN

18.05.2010

HAPPY TUESDAY
9.00 AM
YESTERDAY US  MARKET UPDATE DOWJONES    0.5% UP
NASDAQ  0.31% UP
EUORPE  FTSE 0.01% DOWN
DAX           0.17% UP
CAC 40   0.47% DOWN

YESTERDAY NIFTY CLOSING 5056

9.15 AM - TODAY ASIN MARKET UPDATE
Nikkei 225 10,281.40 +45.64 +0.45% UP
Hang Seng 19,752.50 +37.30 +0.19% UP
Straits Times 2,833.97 +0.28 +0.01%  UP

TODAY NIFTY HURDLE
5050- 5080 - 5102  RESISTANCE
5030-4982 - 4950 SUPPORT

10.00 AM : NIFTY 5030 BELOW THIS LEVEL TRADERS WATCH CAREFULLY SOME DOWN
POSSBLE

11.00 AM : SBIN STATE BANK OF I NDIA 2261 NOW
TRADE WITH OUT VOLUME KEEP EYE ON SBIN
MAY BE SOME DOWN AS POSSIBLE
SBIN TARGET
Buy 2263.41 TGT 1 :2173.77   TGT 2 : 2308.23  TGT 3:  2353.05  TGT 4 : 2442.69


Sell 2196.18  TGT 1 : 2185.82   TGT 2 : 2151.36  TGT 3 : 2106.54  TGT  4 : 2039.31

2.00 PM : OUR MARKET FLAT TRADING