My Investment Picks

It was a good day altogether for all the broad indices. Today Nifty was able to hold 4900 and closed above 5000 . Despite all the negativity it is holding 4900. Market is now trading in a narrow range of 4900-5100. It may retest 4900-4850 and if these levels are held it may resume its uptrend and may surge above 5100.

Last hour trade saw surge in Metal and IT stocks , mid cap and small cap also gained.Instead of following individual stop levels for stocks you should follow index stop. If Nifty closes below 4900 you should exit from all your positions.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

It was a momentum day for the market .Catching up with the IPL cricket fever the Nifty also scored a century and closed with positive sentiment. The beaten down sector -capital goods ; today stole the show and some cement stocks also made a good recovery after a downside.Banking, metal , realty ,realty, oil & gas, and power and stocks showed good momentum today. Midcap and small cap also joined the rally and made a good come back.

Nifty has come out a range and may trade in the previous range of 5100-5300.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

It was a good week for the market .Despite the rise in crude oil and commodity price, rising inflation figures , strong dollar we saw market closing on higher note.Global market also surged up.Traditionally June remains a strong month and good monsoon , a correction on crude oil price can bring a rally in June.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

Today on account of weak global cues we saw Nifty shedding off some gains. Interest rate sensitive sectors like bank, realty took beating . Stocks from defensive sectors Pharma and FMCG also closed in negative territory.Technology and energy sector moved in positive direction.Capital goods sector continued with its downward trend.

Market is moving in a narrow range and its important not to increase your exposure .

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

Market opened on weak note because of global weakness but late recovery in Asian markets and good opening of European market saw Nifty recovering in the afternoon session. Oil and gas , metal and some select stocks from power and capital goods sector saw good gains. Banking , realty and pharma stocks were the under performers.Market breadth was positive and at the end Nifty was able to close with moderate gains.

The market will trade in a range of 4900-5300 for a few months and a time wise correction will take place before it moves up again.

You are advised not to put in additional capital in such a manner that your exposure should not be more than 60 % of your total capital.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

First target Achieved ; Call Given on 11th March 2008


who can give some more time to this stock can hold it for second target of 640

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

Please give details about Rliance Petrolium ?
What is its target for three months ?
Thanks

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Khalid
Kanpur INDIA

Nifty closing below 5000 shows a weakness but 4900 remains a very crucial level.If it is breached Nifty will be in a immediate downtrend.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

Wait for market to stabilise above 4900 this week. If market breach 4900 on any day (After 3.15 PM) exit from all of your position.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.

On account of weak global cues Nifty this morning opened on a negative note and struggled all the day to sustain above 4900 a major crucial support. It sector showed some resilience but interest rate sensitive sectors like banking, realty were the major losers. Fmcg, Capital Goods, Power and Auto sector also saw sell off. it Had been Infosys and Bharti otherwise Nifty would have closed below 4850 .Market breadth and overall trading volume were not encouraging.

And as per our mandate we exited from all our positions as Nifty closing below 4900 is signaling of weakness and now Nifty is in a short term downtrend. Rising crude oil prices, fear of rising inflation and macro economic conditions are working against the equity markets world over.

Going forward 4800-4815 remains another strong support area. If Nifty is not able to sustain these levels it may retest the previous low are of 4630-4650.

We will wait for the time when Nifty gains strength and build our portfolio again as every new rally has different leaders.

Till then we will wait on the sidelines.

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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.