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Today Asian markets had a good opening and on those cues our markets opened up on positive note but were unable to rally beyond 4932 and closed below 4900. This shows inherent weakness. Banking, Realty, Consumer durables continued their downward journey. Weak Rupee saw some positive action in IT frontlineres .Fertilizers stocks surged while Metal and Capital goods sector remained subdued. Another defensive sector namely Pharma also closed on positive note.

At present market are posed for a clear direction, the area around 4800-4815 is a major support for Nifty. Breaching of this level will see market retesting its previous low. Market may consolidate here if 4800 is not taken out decisively.

Sitting on Cash is a good strategy in these circumstances.

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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.

Our market had a lackluster opening today and remained sideways till afternoon session. Afternoon session saw some buying and short covering helped Nifty to close above 4900.IT, metal, FMCG, banking, telecom and pharma stocks had a good run. Fertilizer stocks surged on the back of news of higher subsidy for the next fiscal year.

Fall in crude oil price will have a positive impact on US market and this will result in some relief rallies here. As long as Nifty remains below 5170 (the recent high) the downtrend is in force. These rallies are opportunity to exit. Macro economic conditions like rising inflation, rising crude oil prices, global weakness will weigh heavily on our market and will cap further upside.

We will enter only when the uptrend is resumed.

Sitting on Cash is a good strategy in these circumstances.

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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.

This morning market opened on positive note on back of the good cues from Asian markets. Nifty traded in a narrow band ranging from 4900-4950 for almost most part of the day.

Volatility was expected on account of the FnO expiry but not to the extent which was witnessed today. Afternoon session saw huge sell off and Nifty plunged deep to retest 4800 and closed below 4850. Interest rate sensitive sectors like auto, Banks, Realty continued with their downtrend. Good results from LnT lifted sentiments in Capital Goods sector.

Markets are still direction less and trading in a narrow range. We are seeing sell off at higher levels.

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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.

Friday was eventful as market grappled with two important numbers namely GDP growth and inflation figures. Despite positive GDP the rising inflation had its wall of worries and market could not surge to higher levels. Interest rate sensitive sectors were the underperformers while buying interest is witnessed in IT and Pharma stocks. Some index heavyweight like Reliance Industries witnessed selling pressure.

Nifty is trading in a narrow range of 4800- 4930 and this makes the level of 4800 very crucial. So far it has hold the fort but it remains to be seen in the next week how this level is tackled. If this level is breached Nifty may retest 4670-4700.If its not breached Nifty may trade in a narrow range of 4800-4950 before make a decisive move in either direction.

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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 market witnessed the expected bloodbath. As the trading range was getting narrower and 4800 was a strong support and once this psychological level got breached all hell broke loose.
Going forward market may retest the previous low and may consolidate at those levels before moving up.

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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.

Now 4800 is broken so we are not witnessing any large buying at lower levels and back of the bulls is broken now and bears seems to have a firm control over the market.Going forward market may retest the previous low and may consolidate at those levels before moving up.

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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 the inevitable happened .Government finally raised the price of diesel and petrol and this instilled fear of rising inflation and coupled with weak opening of European market took heavy toll on the market. As we had expected bears had total control today and as a result the Nifty has broken one more psychological level of 4600 and closed below it. Realty, metal, power, oil & gas, auto and capital goods stocks were hammered a lot. Mid cap and small cap also saw blood bath. No sector could escape the power of bears and the market leader stocks like Tata Steel, Cairn and leading IT stocks also wilted under the selling pressure.


Going forward market may retest the previous low and may consolidate at those levels before moving up. We will look for the sign of bottoming out .

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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 Nifty had sideways movement in the early hour of trading but bounced back sharply after struggling at 4550. IT, Pharma sector had a good recovery and the rally was stock specific in other sectors. Some select stocks from Power, Energy, Oil and Gas. Private sector banks also rallied today. Positive opening of European market also helped Nifty in surging in late trading session.

Tomorrow market will again look at the inflation figures before deciding next course of action.

We will look for the sign of bottoming out .If 4500 is held we will initiate our trade with a 2-3 months perspective.

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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.

The rising inflation figure didn’t not have any impact on the market as the news was already factored in. Nifty was unable to scale highs despite the good global cues both from US and Asian markets. Market remained sideways all through the day but tumbled down in the late hour session. Realty, FMCG , metal and Bank bore the maximum burnt of today’s fall. Selling at higher levels has become a norm now. This selling will also exhaust someday but seems unlikely in near future until market tells us otherwise. Nifty now may retest the previous (March) low.

The sudden rise in crude oil prices has changed the equity market scene the world over and the first casualty was US market which had a sharp fall on Friday.The ripples of that shock will be felt here on Monday.

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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.

Now we are in bear market and every rally will result in sell off.

These are not normal times and so the normal rules do not apply for trading.

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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.