March 4, 2009
Archana’s Analysis: Market sentiments look absolutely negative with Sensex heading no where. Still market will see flat opening and will pick up gain in later half. Recession now actually entered into the Indian market, with lot of worries flowing in. Indian Economists, Business people are now looking different market to come out of economic crisis. Still our market is sustainable but yet worst to come. Expect major layoffs and interest rates coming down. Well, I think Indian Government should come in picture with immediate precautionary steps. Should lookout for other market opportunities and promoting businesses.
All the stocks were in red with heavy selling. Nifty is trying to sustain at 2500. Today market may see some pullback rally in banking, auto and real estate.
Market Closing (3rd March):
Sensex: 8427.29 -2.09%
Nifty: 2622.40 -1.99%
Predictions for todays trading:
Market Opening ( 4th March ):
Sensex: 8380
Nifty: 2600
Market Closing (4th March):
Sensex: 8450
Nifty: 2640
Today’s Stock Watch: Banking, Auto, Reality and sector.
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Posted by Archana Dange
February 18, 2009
Archana’s Analysis: Market will open flat or will see gap down opening. Well, all negative global cues are coming in and Market will trade in negative terrain with 400-500 pts down on sensex and 60-100pts down on nifty. Market will see heavy selling. Traders may buy on every dips. Reality and IT sector will see more dips. US and European market closed in red yesterday. Market will trade weak today in fact will worsen the condition. All negative vibes are coming in.
Market Closing (17th Fen):
Sensex: 9035.00 -2.91%
Nifty: 2770.0 -2.82%
Predictions for todays trading:
Market Opening ( 18th Feb):
Sensex: 8900
Nifty: 2680
Market Closing (18th Feb):
Sensex: 8850
Nifty: 2650
Today’s Stock Watch: Oil and Gas, IT stocks, Reality and Banking sector.
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Posted by Archana Dange
February 3, 2009
Archana’s Analysis: Market will open flat and follow down rally as negative global cues are coming in Market will trade in negative terrain with 400-500 pts down on sensex and 150-200pts down on nifty. Market will see heavy selling. Traders may buy on every dips. Reality and IT sector will more dips. US and European market were down yesterday. Crude is in green i.e, $40.53/barrel.
Market will trade weak today in fact will worsen the condition. All negative vibes are coming in.
Market Closing (2nd Fen):
Sensex: 9066.70 -3.79%
Nifty: 2766.65 -3.91%
Predictions for todays trading:
Market Opening ( 3rd Feb):
Sensex: 9055
Nifty: 2720
Market Closing ( 3rd Feb):
Sensex: 8850
Nifty: 2650
Today’s Stock Watch: Oil and Gas, IT stocks, Reality and Banking sector.
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Posted by Archana Dange
January 13, 2009
Archana’s Analysis: I think down rally is being started again as global cues are negative right now. Market will trade in negative terrain with 400-500 pts down on sensex and 150-200pts down on nifty. Market is sentimental and will see heavy selling today. US, European and Asian market were down yesterday and we will see gap down opening today. Crude is come down in red, i.e, $37.24/barrel. I think only this news is positive right now rest recession has swallowed the world.
Market will trade weak today in fact will worsen the condition. After Satyam, its now Wipro which is under surveillance. Worldbank had barred them for 5 years, for not providing proper documents. IT stocks will be down today, and of course much depends on Infosys quarter results too.
Market Closing (12th Jan):
Sensex: 9110.05 -3.15%
Nifty: 2773.10 -3.60%
Predictions for todays trading:
Market Opening ( 13th Jan):
Sensex: 8980
Nifty: 2720
Market Closing (13th Jan):
Sensex: 8650
Nifty: 2620
Today’s Stock Watch: Oil and Gas, IT stocks and Banking sector.
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Posted by Archana Dange
January 12, 2009
Archana’s Analysis: Sensex will see strong support at 8900 when market opens. There will be gap down opening with almost 250 pts down on sensex. Market is highly volatile but still trading could be seen later today, Nifty has got strong support at 2500 and resistance at 2650.
Market will trade weak today in fact will worsen the condition. Satyam had puled down the market and even today it will have impact on our market. IT and oil and gas stocks will be good buy for today.
Market Closing (9th Jan):
Sensex: 9406.47 -1.88%
Nifty: 2873.00 -1.65%
Predictions for todays trading:
Market Opening ( 12th Jan):
Sensex: 9250
Nifty: 2780
Market Closing (12th Jan):
Sensex: 9050
Nifty: 2650
Today’s Stock Watch: Oil and Gas, IT stocks and Banking sector.
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Posted by Archana Dange
January 8, 2009
Archana’s Analysis: Expect to see gap down opening as market mayhem continues. Satyams fraudulent of Rs 7000 Crore made sensex plunges to 9500 mark down, almost by 750 pts. Global cues are also coming weak and even US market closed in red. Nifty will open 100pts down and has support at 2850. The other bad news was, Satyam was pulled out from nifty and is being replaced by reliance group. Still more worst things are going to unfold in near future!
market will be close today will resume on friday. Hope it doesn’t turned out to be black friday, again. Reliance group, oil and gas sector will see heavy buying’s.
Market Closing (7th Jan):
Sensex: 9586.88 -7.25%
Nifty: 2920.40 -6.59%
Predictions for todays trading:
Market Opening ( 9th Jan):
Sensex: 9300
Nifty: 2880
Market Closing (9th Jan):
Sensex: 9450
Nifty: 2880
Today’s Stock Watch: Reliannce group, Oil and Gas and Banking sector.
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Posted by Archana Dange
January 7, 2009
Archana’s Analysis: Sensex will see flat opening with support at 10300 and hold nifty at 3990. Market looks choppy today as crude prices are gone up, even though US market closed in green. Market will see some hopes from stimulus package which President of US is going to unfold. Anyhow bailout package won’t help much to control economic crisis but still will see good trading.
RNRL, oil and gas sector will see heavy buying’s. Even banks can book profits at every up rally.
Market Closing (6th Jan):
Sensex: 10335.93 +0.59%
Nifty: 3112.85 -0.28%
Predictions for todays trading:
Market Opening ( 7th Jan):
Sensex: 10300
Nifty: 3095
Market Closing (7th Jan):
Sensex: 10500
Nifty: 3150
Today’s Stock Watch: Oil and Gas, Banking sector.
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Posted by Archana Dange
January 5, 2009
Archana’s Analysis: Bull rally will continue for a while. Global cues are positive, hoping sensex to open flat with gain in later half. Sensex has resistance at 1150 and support at 9900. Nifty has resistance at 3120 and support at 3000. US market closed in green with Dow topping 9000mark in new year.
Book profits at every short and intraday. Bull rally will continue this week hopefully.
Market Closing (2nd Jan):
Sensex: 9958.22 +0.55%
Nifty: 3046.75 +0.44%
Predictions for todays trading:
Market Opening (5th Jan):
Sensex: 9960
Nifty: 3035
Market Closing (5th Jan):
Sensex: 10100
Nifty: 3100
Today’s Stock Watch: Banking, Finance, IT, Reality, Small cap and Midcap.
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Posted by Archana Dange
January 2, 2009
Archana’s Analysis: Well, first day of the year started quiet good. Market had positive rally with sensex and nifty closing in green. Global cues are positive this time hopefully will continue this week. It sems, this year, Nifty will have a strong support at 2300 and will face resistance at 3500. If it breaks the resistance, it can rise up to 4200.
Sensex has got strong support at 9920 and will face resistance at 10100. Market had good kickoff hope it sustains.
Market Closing (1st Jan):
Sensex: 9903.46 +2.66%
Nifty: 3033.45 +2.45%
Predictions for todays trading:
Market Opening (31st Dec):
Sensex: 9940
Nifty: 3020
Market Closing (31st Dec):
Sensex: 9990-10100
Nifty: 3090
Today’s Stock Watch: Banking, Finance, IT and Small cap and Midcap.
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Posted by Archana Dange
December 31, 2008
Archana’s Analysis: The last day of the historic year 2008, hopefully will give some good news as it ends. The year will be remembered as worst hit in global economy. Well yesterday Dow and Nasdaq closed in green. Our market also picked up later half and closed in green and trading in positive terrain. Market breadth is positive and will see opening in green. Global cues are coming positive which is giving good sign to end in green at the end of this year. Book profits at every high go!
Hoping new year will be great for glaobal economy. Wish you a very happy New Year-2009!
Market Closing (30th Dec):
Sensex: 9716.16 +1.92%
Nifty: 2979.50 +1.92%
Predictions for todays trading:
Market Opening (31st Dec):
Sensex: 9790
Nifty: 2988
Market Closing (31st Dec):
Sensex: 9900-10000
Nifty: 3080
Today’s Stock Watch: Oil and gas, Finance, IT and Small cap and Midcap.
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Posted by Archana Dange