Wednesday, 10 February 2016
Well the Equity markets have tanked and tanked surprisingly.,........ but if you dissect deeper you will find the International market " bond yields " as the reason for the panic button, now time and again we are seeing some or the other GLOBAL news is taking Indian markets in its fold ......and we hear analyst specially ( Buy side) still advocating about good Indian macros which i remember were in the same tone when markets fell from top and took a pause around 8500 levels.......but the point which i want to make is I wish all should be good in Indian markets but one has to very minutely see that whether there is some ROTTEN pocket ( huge infra inventory, NPAs, black money etc) which could explode one day tanking markets ........?
Thursday, 4 February 2016
After getting the boost of upside trade on Thursday. Trade for Friday may also for green trajectory . Nifty in long term will face resistance of 7620 to 7650 any closing above the level may take nifty for 7800 and 7980 . Intraday resistance for nifty will be 7479 after that it may trade for 7589. One may go long in nifty above 7479 level only . Moving on stock #HEXAWARE and #HINDZINC are recommended to buy . For near to long term #JSWSTEEL may good bet for trade for upside .