Last two days of defying US, European and Asian market cues again shows that the global cues does not make any sense. Afternoon rallies will continue. Basket selling targets will be higher than today`s low, may be max to 5120. So keep TSLs and reenter on any dip.
2.41 PM Jun 22nd 2012
Among NIFTY stocks (which I trade frequently) it was only JP and Larsen that went hugely bullish on RBI`s possible rate cut hope. It was completely aspiration driven and not supported by rupee move or global market cues. That`s why I doubted its conviction and sustainability and added fresh
4.53 PM Jun 4th 2012
The fair value of the stock is around Rs. 390-400 today. Just because of the International market cues and the interest rate hikes, the stock is unable to break the 380 mark. Once the interest rates started falling and the Euro zone crisis settles down (might be in a period of 6-9 months
10.52 AM May 25th 2012
EXPERIENCE IN THE STOCK MARKETS SINCE 1972. NOW AFTER STUDYING THE PRESENT ECONOMIC SCENRIO, WORLD STOCK MARKET CUES, FOREX MARKET & POLITICAL SITUATION OF OUR COUNTRY , MY OWN SENSE IS THAT OUR INDIAN STOCK MARKET WILL COME DOWN BY ATLEAST 850 POINT IN SENSEX AND 625 POINTS IN NIFTY BY TAKING
10.30 PM May 19th 2012
Source:The Hindu BusinessLine - The BSE Sensex declined by 366 points to end the day at 16,546. The NSE Nifty ended at 4,999, down 114 points. “The Indian markets declined following global market cues which were down by around 1-1.5 per cent,” said Mr Anand Kuchelan, Vice-President — Research
10.37 AM May 9th 2012
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