Weekly Forecast.

Markets were volatile last week.Get NIFTY Technicals here. No special news this week.Adani Power IPO which was offered at Rs100 opened at 8% premium. Sectors on which we are bullish this week :IT.Pharma. Stocks to watch out for this week :Aurobindo Pharma : Buy above 690 for targets of 720 and 735. SL of 681 [...]

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A disappointing week for the Indian Stock Markets after Pranab announced the budget this Monday. What happened last week ? Budgets were announced. Inflation is yet in negative zone. We saw good IIP growth. Infosys posted profits of 17% despite of slowdown. Sectors to watch out for : Fertilizers IT Reality. And Yes FMCG too. [...]

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Last week was volatile. Last week NIFTY Closed at 4274.05 and this week at 4375.5 a 100 points upside from last week’s closing.FII participation was negative. This shows the sentiments have once again changed.NIFTY TRIN : 0.873NIFTY Range : The crucial supports on the way down are at 4200 and resistances on the way up [...]

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We had some good gains on the Indian stock markets last week. What we saw last week.We saw GM became bankrupt.Good gains on the markets.Good global cues.Air India to come up with IPO.There was not much fascinating stuff this week. Sectors to watch closely : Telecom : Do you know “By 2012 India will have [...]

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Markets gained yet again for the ninth consecutive week amidst high volatility as aggressive buying was witnessed on the first trading day.The BSE Sensex breached the 12,000 mark on the back of positive global cues and buying support from FIIs and domestic institutions. FII Trends are expected to remain positive. The week ahead, maybe guided [...]

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This week ended flat. Not much gain was seen. It witnessed high volatility.We had many holidays in the last week so missed some upside which we could have got due to good global cues.Concerns that the outbreak of the Swine flu would result in a global pandemic and slow down the economic recovery process.Another cause [...]

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The week started of with a gain and also ended with a gain.The week was volatile.Global cues were in favor of the Indian Markets.More over we had banking stocks which rallied due to RBI rate cut policies. Even though annual inflation maintained hovering around zero, banking and related stocks witnessed buying interest on hopes that [...]

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The week started off with a good opening. We had good FII’s inflow in the week.Markets went above 11K mark which indirectly increased the volumes of few stocks.Few stocks gave excellent returns such as Unitech and Jai Corp.With inflation near zero levels, the central bank’s next monetary policy review in the week ahead has raised [...]

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The Indian benchmark indices touched its five month high at the beginning of the week on the back of positive global cues which continued till mid- week. On the last trading day of the truncated week, weak IIP numbers and a marginal decline in headline inflation numbers fuelled volatility ahead of the long weekend. Yet, [...]

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We started off negative but in the latter half of the week we saw some positivity.The week overall was good . The stimulus package announced by the Japanese Government, ECB cutting its benchmark interest rates by 25 bps and better than expected sales figure of the Indian automobile companies lifted the BSE Sensex above the [...]

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