Sensemark

Market Analysis – 4/03/09

Archana Dange — Wed, 04 Mar 2009 04:26:01 +0000

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 (3^rd March):

Sensex: 8427.29 -2.09%

Nifty: 2622.40 -1.99%

Predictions for todays trading:

Market Opening ( 4^th March ):

Sensex: 8380

Nifty: 2600

Market Closing (4^th March):

Sensex: 8450

Nifty: 2640

Today’s Stock Watch: Banking, Auto, Reality and sector.

Posted in Daily Updates

Market Analysis – 18/2/09

Archana Dange — Wed, 18 Feb 2009 03:58:23 +0000

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 (17^th Fen):

Sensex: 9035.00 -2.91%

Nifty: 2770.0 -2.82%

Predictions for todays trading:

Market Opening ( 18^th Feb):

Sensex: 8900

Nifty: 2680

Market Closing (18^th Feb):

Sensex: 8850

Nifty: 2650

Today’s Stock Watch: Oil and Gas, IT stocks, Reality and Banking sector.

Posted in Daily Updates

Market Analysis – 2/02/09

Archana Dange — Tue, 03 Feb 2009 04:03:55 +0000

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 (2^nd Fen):

Sensex: 9066.70 -3.79%

Nifty: 2766.65 -3.91%

Predictions for todays trading:

Market Opening ( 3^rd Feb):

Sensex: 9055

Nifty: 2720

Market Closing ( 3^rd Feb):

Sensex: 8850

Nifty: 2650

Today’s Stock Watch: Oil and Gas, IT stocks, Reality and Banking sector.

Posted in Daily Updates

Market Analysis – 13/1/09

Archana Dange — Tue, 13 Jan 2009 04:04:14 +0000

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 (12^th Jan):

Sensex: 9110.05 -3.15%

Nifty: 2773.10 -3.60%

Predictions for todays trading:

Market Opening ( 13^th Jan):

Sensex: 8980

Nifty: 2720

Market Closing (13^th Jan):

Sensex: 8650

Nifty: 2620

Today’s Stock Watch: Oil and Gas, IT stocks and Banking sector.

Posted in Daily Updates

Market Analysis –

Archana Dange — Mon, 12 Jan 2009 03:01:59 +0000

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 (9^th Jan):

Sensex: 9406.47 -1.88%

Nifty: 2873.00 -1.65%

Predictions for todays trading:

Market Opening ( 12^th Jan):

Sensex: 9250

Nifty: 2780

Market Closing (12^th Jan):

Sensex: 9050

Nifty: 2650

Today’s Stock Watch: Oil and Gas, IT stocks and Banking sector.

Posted in Daily Updates

The rise and fall of Satyam

Archana Dange — Thu, 08 Jan 2009 04:40:28 +0000

Indian outsourcer Satyam has seen its shares plummet by about 40 per cent since a botched attempt two weeks ago to buy two infrastructure firms in which management held stakes and after news that it has been barred from doing business with the World Bank.

However, shares in Satyam Computer Services rose on Monday after it said it would consider more options to improve shareholder value and business practices, including strengthening corporate governance.

Here’s tracing the rise and fall of India’s fourth largest IT services provider.

For more information, click here

Posted in Indian Market

Market Analysis – 7/1/09

Archana Dange — Thu, 08 Jan 2009 04:37:41 +0000

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 (7^th Jan):

Sensex: 9586.88 -7.25%

Nifty: 2920.40 -6.59%

Predictions for todays trading:

Market Opening ( 9^th Jan):

Sensex: 9300

Nifty: 2880

Market Closing (9^th Jan):

Sensex: 9450

Nifty: 2880

Today’s Stock Watch: Reliannce group, Oil and Gas and Banking sector.

Posted in Daily Updates

Market Analysis – 7/1/09

Archana Dange — Wed, 07 Jan 2009 03:16:29 +0000

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 (6^th Jan):

Sensex: 10335.93 +0.59%

Nifty: 3112.85 -0.28%

Predictions for todays trading:

Market Opening ( 7^th Jan):

Sensex: 10300

Nifty: 3095

Market Closing (7^th Jan):

Sensex: 10500

Nifty: 3150

Today’s Stock Watch: Oil and Gas, Banking sector.

Posted in Daily Updates

Market Analysis – 5/1/09

Archana Dange — Mon, 05 Jan 2009 04:22:47 +0000

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 (2^nd Jan):

Sensex: 9958.22 +0.55%

Nifty: 3046.75 +0.44%

Predictions for todays trading:

Market Opening (5^th Jan):

Sensex: 9960

Nifty: 3035

Market Closing (5^th Jan):

Sensex: 10100

Nifty: 3100

Today’s Stock Watch: Banking, Finance, IT, Reality, Small cap and Midcap.

Posted in Daily Updates

Market Analysis – 2/1/09

Archana Dange — Fri, 02 Jan 2009 04:20:54 +0000

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 (1^st Jan):

Sensex: 9903.46 +2.66%

Nifty: 3033.45 +2.45%

Predictions for todays trading:

Market Opening (31^st Dec):

Sensex: 9940

Nifty: 3020

Market Closing (31^st Dec):

Sensex: 9990-10100

Nifty: 3090

Today’s Stock Watch: Banking, Finance, IT and Small cap and Midcap.

Posted in Daily Updates