There are three types of traders in the market, one makes wonder happen, second see wonders happen and third one wonders what happened!
Stock Market people learn nothing and forget everything.!
The market is weird. Every time one guy sells, another one buys, and they both think they're smart.

Thursday, December 31, 2009

Holidays NSE in 2010

DayDateHoliday
Friday1st January 2010New Year
Tuesday26th January 2010Republic Day
Friday12th February 2010Mahashivratri
Monday1st March 2010Holi (2nd Day)
Wednesday24th March 2010Ram Navmi
Friday2nd April 2010Good Friday
Wednesday14th April 2010Dr. Babasaheb Ambedkar Jayanti
Friday10th September 2010Ramzan Id
Friday5th November 2010Diwali Amavasya (Laxmi Puja)
Wednesday17th November 2010Bakri-Id
Friday17th December 2010Moharum

Wednesday, December 30, 2009

Market Outlook for 31 Dec

Hi ..


As mentioned in the last post the Nifty touched the 5200 and went above that but could not sustain the 5200.

I as mentioned there will be a fight between bulls and bear at 5200 that we can see on 29 th Dec.Market closed with marginal gains but below the crucial level of the 5200.

On 30th Dec the market opened flat on account on Global cues and faced the same resistance. Today Bear on more charge but still bulls kept them stuck and Nifty closed at 5169. The important thing to notice is that we are again below the same 5180 levels.It can trigger the sell signal if Global cues does not turn out to very positive.

As 31st Dec is expiry day we can expect some good amount of volatility in market. Keep away from taking any position and wait for a decisive move.If you take risk then go for the short with a stop loss of 5220.


There is mixed feeling in the analyst too :-

3:00 PM - In an F&O call, buy Nifty January futures with a target of 5250 and stop loss of 5155, says Mitesh Agarwal, technical analyst, on CNBC Awaaz.

2:56 PM - In an F&O call, buy Nifty January futures with a target of 5250-5300 and stop loss of 5150, says Rohit Srivastav, technical analyst, on CNBC Awaaz.
2:50 PM - In an F&O call, sell Nifty January futures with a target of 5100 and stop loss of 5220, says Ashwani Gujral, technical analyst, on CNBC Awaaz.

2:44 PM - In an F&O call, sell Nifty January futures with a target of 5100 and stop loss of 5215, says Parsh Zaveri, technical analyst, on CNBC Awaaz.

2:41 PM - In an F&O call, sell Nifty January futures with a target of 5120-5050 and stop loss of 5240, says Husseini Wadharia, technical analyst, on CNBC Awaaz.

At last I want to Wish Happy New Year.

Friday, December 25, 2009

Market Outlook for 29 Dec

Hi ....

As in last post i mentioned market looks strong and it can give some gains.But the gains were really whooping.
We got short covering on 23 Dec that was much expected and this short covering gave a big boost on the Nifty. Market has broken all the resistance with quite a ease.

The important to note is that market has increased not only due to short covering of Future but there was also good amount of buying in the Cash Market. FIIs were net buyers of $288.90 million in equities on December 23 alone.

The momentum continued on 24 th Dec too. Nifty touched the high of 5197 (52 week high). But the closing is below the 5180. So we can assume that the 5180 resistance is still maintained .

But we have to see how the market performs after such a long holiday. Everything seems to be positive .

I am expecting a tug of war between the bulls and bears again at this crucial juncture.

What i feel it is better to wait and watch whether Nifty is able to break 5200 or not. If it is broken then long position should be made.

As if the profit booking or sell comes at this level then again we might take some time to get this levels back. So let see what happens on Tuesday as monday is holiday....

Till then enjoy 4 Days of Leave ....


Most of the expert feels market will move ahead :-

3:02 PM - In an F&O call, buy Nifty December futures with a target of 5200-5500 and stop loss of 5100, says Rajesh Jain, technical analyst, on CNBC Awaaz. » Send to friends
2:55 PM - In an F&O call, buy Nifty December futures with a target of 5250-5380 and stop loss of 5050, says Rahul Mohindar, technical analyst, on CNBC Awaaz. » Send to friends
2:51 PM - In an F&O call, buy Nifty December futures with a target of 5300 and stop loss of 5110, says Somil Mehta, technical analyst, on CNBC Awaaz. » Send to friends

Tuesday, December 22, 2009

Market Outlook for 22 Dec

Hi All,

Sorry I could not write my outlook for the 21 Dec.

Today market opened gap up on basis of global cues. The market was looking weak at Monday's Closing but big moves in Dow made the Gap up possible.

But most important point that market maintained the gains and closed near high of day. This is good signal for the market. We can expect more upward movement in the coming days. But day wise the movement will be small in % gain as there is lot of resistance in the market.

This is best time to write the options. As options premiums are decaying at fast rate and the market is rangebound.

As i mentioned earlier keep an Eye on Banks . Yesterday when Nifty did so bad the Bank Nifty closed in +ve. This shows that there is short covering in the Bank Nifty.

In the coming few days we can see more gains on the Bank Nifty relative to Nifty. But still i would like to mention keep your trading restrictive as there is no big news or event to move the market in any direction.

Now this is time of Stock Specific action. If you are able to choose some good picks then go for the same as from Nifty we cannot expect much in next few days.

Keep an eye..

Even today we got a mixed reaction from the Experts:-

3:00 PM - In an F&O call, buy Nifty December futures with a target of 5000-5170 and stop loss of 4950, says Kiran Jhadav, technical analyst, on CNBC Awaaz. » Send to friends

2:58 PM - In an F&O call, buy Nifty December futures with a target of 5030 and stop loss of 4950, says Nishant Jain, technical analyst, on CNBC Awaaz. » Send to friends

2:55 PM - In an F&O call, buy Nifty December futures with a target of 5010-5040 and stop loss of 4950, says Rohit Srivastav, technical analyst, on CNBC Awaaz. » Send to friends

2:52 PM - In an F&O call, sell Nifty December futures with a target of 4950 and stop loss of 5050, says Neera Jain, technical analyst, on CNBC Awaaz. » Send to friends

2:48 PM - In an F&O call, sell Nifty December futures with a target of 4950 and stop loss of 5050, says Neera Jain, technical analyst, on CNBC Awaaz. » Send to friends

2:45 PM - In an F&O call, sell Nifty December futures with a target of 4940 and stop loss of 5040, says Parsh Zaveri, technical analyst, on CNBC Awaaz. » Send to friends

Thursday, December 17, 2009

Market Outlook for 18 Dec

Hi All,

As per my expectation we did not got a gap up. As the Global Cues were not in favour of the Gap up. But my expectation proved right through the day and Indian Markets were the best performer in the Global peers.

Where all market fell by 1.5 to 2.5 % the Indian market gave some good gains but at late closed flat . So today my concept of going long helped intraday traders . That would have resulted in profit.

Nifty tried its best to cross 5050 and even crossed it but could not hold that level. This shows that the resistance of 5050 seems to quite tough. Even there is good support in the downside.

The market seems to be range bound. But tomorrow we can expect some gap down opening as the global cues seems to be -ve and dow has already ran up quite a lot without any correction.

Correction in Dow can effect the Nifty too. If you are good and risky trader who can go short on the market . Otherwise keep away from the market. This market can give good buying oppurtunity in near term. So keep looking for the same.

Now Banks are in quite a pressure. Today it showed some recovery but still lot of short position are made on the Bank Nifty. Tomorrow Bank Nifty will gap down . But keep an eye on it. On the pull back it can give good results. It might take few days for the pull back to happen. So keep an eye .

There are certain views of analyst:-
Reference www.rediff.com


3:00 PM - In an F&O call, sell Nifty December futures with a target of 5010 and stop loss of 5085, says Rahul Mohindar, technical analyst, on CNBC Awaaz. » Send to friends

2:56 PM - In an F&O call, sell Nifty December futures with a target of 4920 and stop loss of 5100, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. » Send to friends

2:53 PM - In an F&O call, buy Nifty December futures with a target of 5130 and stop loss of 5010, says Ashwani Gujral, technical analyst, on CNBC Awaaz. » Send to friends

2:50 PM - In an F&O call, buy Nifty December futures with a target of 5100-5125 and stop loss of 5020, says Mitesh Thacker, technical analyst, on CNBC Awaaz. » Send to friends

2:45 PM - In an F&O call, buy Nifty December futures with a target of 5125 and stop loss of 5010, says Akshata Deshmukh, technical analyst, on CNBC Awaaz. » Send to friends


Even the analyst seems to be divided . But as per my opinion market will be gap down. Go short on the market if your risky trader or wait for dip to buy at low levels.

I will add more points about the analyst who give their views and changes them quite frequently in my coming articles.

Now going to sleep ...

Wednesday, December 16, 2009

Market Outlook For 17 Dec

Hi All..

On 16 Dec the market closed at 5055 and later corrected to the 5,042.05.
It was quite a volatile day of trading . Lots of ups and down. Seems like tug of war going between Bulls and Bears.

The market got support near 5000 level . LOD 5005. And bounced back. Bank nifty also got the support at its days low. Since the Banks got some support the Nifty also got the support as banks were the reason for the major drag of nifty as rest other indices specially IT was doing excellent.

Most of the analyst saying to go short on the market. But i have a contrarian view and decided to go long on Nifty.

With the reference of www.rediff.com

These are the suggestion given by different analyst

(
3:29 PM - Maintain Nifty short with a target of 4972 and stop loss of 5080, says Rahul Mohindar, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends

3:27 PM - Buy 5000 put Nifty futures with a target of Rs 132 and stop loss of Rs 57, says Ashwani Gujral, technical analyst, on CNBC TV18, as closing market strategy. » Send to friends

3:16 PM - Sell Nifty futures with a target of 4950 and stop loss of 5075, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends

3:00 PM - In an F&O call, sell Nifty December futures with a target of 4900-4800 and stop loss of 5100, says Rohit Srivastava, technical analyst, on CNBC Awaaz. » Send to friends

2:55 PM - In an F&O call, sell Nifty December futures with a target of 5000 and stop loss of 5125, says Prakash Gaba, technical analyst, on CNBC Awaaz. » Send to friends

2:51 PM - In an F&O call, sell Nifty December futures with a target of 4990 and stop loss of 5060, says Parsh Zaveri, technical analyst, on CNBC Awaaz. » Send to friends

2:45 PM - In an F&O call, sell Nifty December futures with a target of 4960-4970 and stop loss of 5110, says JK Doshi, technical analyst, on CNBC Awaaz. » Send to friends

2:40 PM - In an F&O call, sell Nifty December futures with a target of 4950-4870 and stop loss of 5075, says Husseini Wadharia, technical analyst, on CNBC Awaaz. » Send to friends

)


Let see tomorrow. How the market opens . My view says market will be gap up.

Till then wait and watch....

Now going for dinner bye...



Tuesday, December 15, 2009

Some Famous Market Qoutes

Many a times things go wrong (We go wrong .... Market is never wrong) ....in the Market and we feel dejected....

This jokes for those all chaps (including me) .... who needs some motivation or charm and come back to the market and give their best shot :)

1. Who say's it is not possible to time the Market. I always enter at the top and exit at the bottoms.

2. The problem with investment bank balance sheets is that, 'On the left side nothing is right and on the right side nothing is left'.

To be continued....

Monday, December 7, 2009

Why This Blog

Welcome to the World of Stock Market .... Where u can make your dreams come true.


When you are visiting this blog there can be question. Why should I visit it or follow it? There are thousand of other blogs and website which give much more elaborative information and data for the market then why dreamstockmarket.blogspot.com ?

This is most obvious question that comes to the mind.

There are many a websites which gives technical levels for many stocks. It is not feasible for every user to follow and trade so many stocks simultaneously. It is also not advisable to trade in many scripts simultaneously. They boast of the calls which they get success and try to hide their failures. It’s your luck which calls your picking of out there so many calls.

But here I take this blog as my personal trading guide. I write whatever I do. I am not boasting of anything. I use my technical analysis and some experience with which I come to certain conclusion. On the basis that conclusion I go for the trade. If I am wrong or go wrong in trade I come back and write again that I was wrong. But I have hardly seen any big technical analyst saying that he was wrong or he interpreted wrong.

That's the reason you will not find many call's given here. You will find only the calls I trade. If I loss then you lose if I win you win too. Not like many analysts who give their views but later say they don’t hold any position in the same scripts. Even if readers want then I can give the technical analysis of particular stock too.

Disclaimer

The information provided is not to be considered as a recommendation to buy certain stocks and is provided solely as an information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. Here in this blog I am giving my views on the Market. No representation or implication is being made that using my blog will provide information that guarantees profits or ensures freedom from losses.