Nifty Getting Bogged Down at 5505 … ?
In a recent televised interview legendary Investment Guru Mark Mobius says bear market not insight for equity market. He also added that will see recovery and good conditions soon. By saying this he also joined the ranks of WARREN BUFFET, RAKESH JHUNJHUNWALA, SAMEER ARORA who are bullish on equity as an asset class. This also vindicates our stand that 2010 and many years to come will be most profitable for equity market worldwide in general and India in particular.
Last two months are the p Read more
MARKET today will open above 5500 and will remain range-bound in the first half and face technical resistance at 5540, 5560 and support at 5440, 5460. NIFTY will play in the range for some time trying to break-out. Today Select stocks in mid-cap space will outperform. Till nifty in this range midcap will fly around based on quarterly results and positive development ahead. Any close above 5560 with volume may see NIFTY testing earlier highs of 5600 levels.
The following are the cues to help yo Read more
JUST recall what our research team has been saying on Friday and Monday amidst market panic. Watch yourself today the same analyst who are giving scary targets till yesterday, will give shamelessly lofty targets for nifty with an artificial smile on this face to cover their shame on blue channel and websites.
MARKET IS SUPREME. MOST OF THE TIME MARKET PROVED MOST RESPECTED BUSINESS CHANNELS, ANALYSTS AND INVESTMENT GURUS WRONG TIME AND AGAIN………
We are advising BEARS should catch the first Read more
MARKET today will open POSITIVE and will remain range-bound in the first half and face technical resistance at 5440, 5480 and support at 5340, 5460. NIFTY will play in the range for some time trying to break-out. Today Select stocks in mid-cap space will outperform. Till nifty in this range midcap will fly around based on quarterly results and positive development ahead
MARKET STOCK SPECIFIC
NIFTY RANGE 5360-5460
BUY STERLITE IND CMP 151 STOP 148 TARGET 159
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WWW.ASHOKSHARMA.CO.CC Read more
What happened in the last hour of trade today is only the trailer of things to come in September. We have saying repeatedly use any dip to accumulate your choicest stock at your favored price. There is a huge opportunity in the midcap space.
Remember bear cartel will create occasional panic like yesterday and today as they were wounded and brushed again and again since late 2008. But old habits die hard.
For the last couple of days Indian Markets is outperforming the world markets. Now Read more
We always advice small investors to remain doubly cautious as the Nifty is at a crucial level. Midcap space will be the safest and most profitable. Midcap space will be highly lucrative this September as there is tremendous value in this space.
There is an old Indian proverb that:
HIRE HI PEHCHAN JOUHARI HI JANTA HAI means only Gold smith knows the true value of a diamond. You all agree with me 101% that MUKESH AMBANI is the smartest buyer around . Yesterday he bought a minority stake in Read more
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