NLD for 26th July 2007
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This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.
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NIFTY: Prev, Close: 4588.70 Resistance@ 4620, 4650, 4680-85 Supports @ 4555, 4520 TGT 4830+ or 4240
SENSEX: Prev, Close: 15681.20 Supports@ 15625, 15550, 15380, 15200, and Resistance @ 15780, 15850, 15880 TGT 15940 or near 15000
NIFTY Futures: Prev, Close: 4593.25
Buy Nifty Fut @ every declines with Sl below 4574 or Sell below 4570 Sl above 4575
Results Today: Idea Cellular, Hind Zinc, Kotak Mahindra, Indiabulls, Hero Honda, JSW Steel, Britannia, Pidilite Ind, GVK Power
Market Outlook: Markets are expected to open with a gap on positive side. Selling pressure will be expected at higher levels, caution is required. Today is expiry so we may see some huge selling and volatility in second half. People will say any crap Black Monday and Black Friday. Till date there is no one who can predict share market. No Astrology no technical no fundamentals, infact no one will come to know when markets will fall. I will just say play with
Stock to Watch out: Expiry Today don’t purchase anything fresh.
Market Rumors / Strategy: Buy nifty @ every decline , Don’t short today atleast at opening . People are starterd to talking about mandi and black Friday and black Monday on one-two fall only, but they don’t know this is called volatility not mandi. We are heading for 16000-16200 pretty soon.. So don’t worry and be ready to buy @ declines.
Stupid Logic : Cements are oversold in just one day, people will laugh on this statement We may see some recovery in cement today. Century Textile is a stock to be watch out for. Surpise Fall is expected Its better to do hedging. We will buy put if we are long in Stocks. And we will buy call if we are short in stocks. People @ every rise are buying more and more, and at every declines are selling more and more. They are scared to short @ higher levels and will short @ lower levels and get trapped. Same in case of buying, when market falls they wont buy and will just buy @ higher levels and will get trapped. Remember our Mantra to be successful in marker :
Buy when people are selling and sell when people are buying it will result in 100% success.
Kindly wait for First 5 – 10 mins before buying or selling anything
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Disclaimer : Trade -Profit has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, Trade-Profit does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Trade-Profit especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. Trade-Profit will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information.
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