Hi.
Market was a bit quite yesterday and even in the today morning it was very bound as it was not getting global cues. But today Europe +ve opening gave the positive energy back into the market . The market did excellent in last two hour of trading. It closed nearly at high of the day.
Tomorrow we can get some positive move. Dow is also up on the weak dollar so long on the Nifty.
Now the big news from the budget is expected. Let see how the budget performance on the expectation of the common people and market experts.
This is most important trigger which can take the market either way. Breakout or breakdown .
Wednesday, February 17, 2010
Monday, February 8, 2010
Market Outlook for 9 Feb
Hi .
Today market showed good amount of volatility. Quite a good day from smart traders. We got to see the short covering today. The short covering led the market close in the green today.
The Star of the Day was Jubilant Foodworks Ltd. (58%) up for the day. No one would have imagined in their dreams that the stock will open so strong. Many a analyst were even saying not to subscribe the same but the one who went against those views would have been proud of themselves.
Today market showed good amount of volatility. Quite a good day from smart traders. We got to see the short covering today. The short covering led the market close in the green today.
The Star of the Day was Jubilant Foodworks Ltd. (58%) up for the day. No one would have imagined in their dreams that the stock will open so strong. Many a analyst were even saying not to subscribe the same but the one who went against those views would have been proud of themselves.
Me Back
Hi Guys.
Sorry for not writing from a long time.
Market has corrected and gives some small pullbacks during the course of time . Last time the prediction of short covering did happened but it was quite late. Most of the shorts were rolled over for the month of Feb.
But there is a good news for the Nifty traders. Nifty has became volatile again so it is the time to make money agian as it was tough as earlier Nifty was trading in a narrow range.
This market is giving oppurtunity for both Traders and investors . Both has profited for this fall . Traders are getting big swings and Investor are getting some good stocks at a cheaper level then after a few months. They can accumulate but slowly.
As market may correct a bit more in few months horizon. But in year span time we will in benefit from the market.
Sorry for not writing from a long time.
Market has corrected and gives some small pullbacks during the course of time . Last time the prediction of short covering did happened but it was quite late. Most of the shorts were rolled over for the month of Feb.
But there is a good news for the Nifty traders. Nifty has became volatile again so it is the time to make money agian as it was tough as earlier Nifty was trading in a narrow range.
This market is giving oppurtunity for both Traders and investors . Both has profited for this fall . Traders are getting big swings and Investor are getting some good stocks at a cheaper level then after a few months. They can accumulate but slowly.
As market may correct a bit more in few months horizon. But in year span time we will in benefit from the market.
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