| sharelion [ Belongs to: New Circle ] | |

about sharelion
Joined on: 12th May 2007
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| Mostly writes on: | Market Strategy - Day Trading, Market Outlook - Short Term, Market Analysis - Fundamental View |
| Last Visited by: | nirmamdevang, covai-barath, shivabhash |
| Profile Details : | EQUITY ANALYST WITH A CLIENT BASE ALL OVER INDIA.GET RESEARCH BASED TRADING TIPS ON YOUR MOBILE.HIGHLY ACCURATE AND AFFORDABLE PAID SERVICES. V... | ||
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Tracked by: 0 Boarder WWW.ASHOKSHARMA.CO.CCPosted by : Date :19th Nov, 2009 - 08:53 BSE: Rs 40.05 ( 19.91 % ), NSE: Rs. 39.80 ( 20.06 % )Indices continued to march ahead however closed mildly in red without any significant improvement in volumes onCASH segment. However despite negative cues from Asian markets NIFTY managed to hold 5000 mark . This remains positive going ahead. However on other hand market breadth turned mildly negative while sectoral
indices witnessed a mixed trend. All in all as mentioned earlier by us, Global factors will remain a key driver near term. Also signs of weakness in global arena will keep up move on check. However such pauses in up move shouldbe noted as a positive development for near term. On higher side 5180-5200 will remain crucial hurdle. On correction both short term averages will help markets for sustainability around lower levels. In any case breach of 5200 by NIFTY will need a fresh review. Till then expect ranged action with lack lustrous volumes.As for today’s trade, key support for the day remains at 4980. Hurdle is seen around 5080 range . only reason markets are not correcting because of high liquidy from outside indiatrade with extreme caution in specifis stocks only with strict stoploss. TODAY’S MANTRA: BOARD A RUNNING TRAIN AND DESERT BEFORE THE DESTINATION. OUR HIDDEN GEMS OF TODAY:BPL LTD ... Tracked by: 0 Boarder WWW.ASHOKSHARMA.CO.CCPosted by : Date :16th Nov, 2009 - 08:11 BSE: Rs 38.60 ( 0.78 % ), NSE: Rs. 38.60 ( 0.92 % )Tracked by: 0 Boarder WWW.ASHOKSHARMA.CO.CCPosted by : Date :14th Nov, 2009 - 07:33 BSE: Rs 35.75 ( 4.99 % ), NSE: Rs. 36.10 ( 5.09 % )For investors, fixed deposits as an investment alternative are beginning to appear passé. This spells good news for stock market.These funds are to the tune of Rs 500 bn. Exactly a year ago, the scenario was reverse. After Lehman collapsed, interest in stockmarkets and mutual funds considerably waned. Investors then in a bid to shun risk parked their funds in fixed deposits on which banks then were paying high interest rates in the range of 10-11% over a period of 1-3 years. Interest rates have now dropped and are anywhere between 5.2% and 7% pre-tax taking the sheen off FDs. Thus, investors are now once again seeking attractive investment opportunities.
In an environment marked by apprehension about the future movement of stock markets, the current rally that replaced the huge bear market witnessed during the downturn is here to stay as excessive pessimism has given way to new found optimism about the decent pace of economic recovery. this bull run will be led by economically sensitive sectors like raw-material producers, discretionary consumer companies and industrials. stocks are finding favour in an environment with zero-inflation, zero percent interest rates and zero percent money market rates. What`s more, they believe that the current run-up is far from a stock market bubble as this time the prevailing mood is one of optimistic caution and not of irrational exuberance. Even better times for India may be just around the corner. Atleast that`s what the data on growth in domestic air passenger traffic seems to suggest. While the growth in air passenger traffic has been 25% YoY during the month of October, compared to September this year the growth has been 11%. The increase signals higher levels of business and non-business travelers, a welcome sign of growing activity in the economy. THE MORAL OF THE STORY BULL MARKET IS HERE TO STAY ... Tracked by: 0 Boarder market today will be in no man`s land searching for cues to move on either
direction.nifty has strong support at 4910, FIIS will pump a few hundred crore at this level.buy nifty need some booster dose to cross 5025. so play safe today.our clients has bought it at 17. buy hul cmp 265 stop 262 target 269,273 buy wwil cmp 20.40 stop 19 target 24. ... Tracked by: 0 Boarder Tracked by: 0 Boarder WWW.ASHOKSHARMA.CO.CCPosted by : Date :9th Nov, 2009 - 20:29 BSE: Rs 29.50 ( 4.98 % ), NSE: Rs. 29.60 ( 5.15 % ) |
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Tough for Nifty to breach 5000 in early trade | |
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| Udayan Mukherjee, Stocks Editor, TV18 | ||
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