NIFTY VIEW

Nifty last week broke the 5,600 level by making the high of 5,605, but it failed to sustain above 5,600 level, as a result towards end it came down and gave close at 5,516. But as per the bullish hammer candlestick pattern it has formed last to last week, this closing of 5,516 was positive and confirms the hammer pattern. Hence we can now expect Nifty to break and move above 5,600 level. But it’s difficult to tell when it will break this level, because 5,600 is strong resistance and Nifty may move sideways at present levels before it breaks this level and moves further up. Downside Nifty will get support at around 5,450, breaking this level Nifty will come down to its recent low of 5,328. Unless Nifty doesn’t break and sustain below 5,450, it remains buy on dips.


FOR V.S.S. SECURITIES
ADITYA SINGH
+919821521234
http://www.vss-securities.com/

1ST RAIN SHOWER

Short term pains, long term gains…

1. Improvement in agriculture with good monsoon will give food security and is also positive for the fertilizer stocks like GSFC, COROMANDEL INTERNATIONAL

2. The agri improvement should be reflected in FMCG companies going forward with ITC, GODREJ CONSUMERS and HUL performing. The index has made all time high.

3.In the near term auto, banking, capital goods sector would be facing pressure while pharma, fertilisers and FMCG would be safe bets in these markets.


Stocks that look attractive

JAGRAN PRAKASHAN, KAJARIA CERAMICS, COROMANDEL INTERNATIONAL, PTC INDIA, EDUCOMP, GSFC, CUMMINS, EIL, IL&FS TRANSPORTATION NETWORKS, LUPIN and SUNPHARMA

BOOK PROFIT

HELLO GUYS,

VERY VERY SAFE TRADERS CAN BOOK PROFIT IN

1. NIFTY(1ST TARGET ACHIEVED) OF 5555 WE TOOK LONG NEAR 5400 (AS TOLD EARLIER,ONE OR TWO FALLS WILL BE GIVEN IN NIFTY TILL 5300-5350 LEVELS BEFORE ANY MAJOR UPSIDE)

2. H.C.C. @ 32.50, RISKY TRADERS CAN WAIT FOR MY TARGETS

3. DLF @ 239-240...WE TOOK LONG @ 205-210

4. RELIANCE 950...(AS TOLD EARLIER,ANY MAJOR MOVEMENT IN NIFTY WILL BE LEAD BY RELIANCE)



WHO EVER(critics) ARE COMMENTING ON MY BLOG, CAN SPEAK TO ME DIRECTLY @ aditya.singh@vss-securities.com, I WELCOME THERE VIEWS...BUT ONE THING I WANNA TELL YOU PEOPLE....MARKET ANALYSIS IS A SUBJECTIVE THING...IT VARIES FROM PERSON TO PERSON, SO YOU CAN'T TELL ANY ONE WRONG. AS FAR AS MY CALLS ARE GIVING MY FOLLOWERS PROFIT. I AM HAPPY


REGARDS
ADITYA SINGH

POSITIONAL PICK'S (KEEP PROPER S.L)


1. NIFTY IS IN SYMMETRICAL TRIANGLE PATTERN, EITHER SIDE BREAKOUT WILL GIVE 800-1000 POINTS MOVEMENT, HERE YOU CAN LONG NEAR 5400 WITH SL @ 5300 FOR TARGET 5555-5610-5800, ONE OR TWO FALLS WILL BE GIVEN IN NIFTY TILL 5300-5350 LEVELS BEFORE ANY MAJOR UPSIDE

SEEMS NIFTY GIVING SIMILAR PATTERN WHICH IT GAVE FROM SEPTEMBER,2008 TO MARCH,2009 PERIOD, COUNTER CHECK JAN,2011 TILL DATE (FROM YOUR SOURCE)

2. ONCE RESISTANCE, NOW SUPPORT....LONG H.C.C. WITH SL @ 27...TARGET 35-38-43

" I NEVER ATTEMPT TO MAKE MONEY ON THE STOCK. I BUY ON THE ASSUMPTION THAT THEY COULD CLOSE THE MARKET THE NEXT DAY AND NOT OPEN IT FOR FIVE YEARS " - WARREN BUFFETT

3.DLF FALLED FROM ALL TIME HIGH OF 1225(15-01-2008) TO LOW OF 124 ON 04-02-2009 , FROM LAST 3 MONTHS ITS HOLDING 200 LEVELS STRONGLY, IF NIFTY DOES NOT FALL BELOW 5200..DLF @ 205-210 IS A GOOD LONG TERM BUY...FOR ANY BUY, 195-200 RANGE IS A STOP LOSS

1.IS INDIAN REALITY SECTOR ON VERGE OF COLLAPSE ?
2.IS INDIAN REALITY SECTOR NEVER EVER GOING TO BOUNCE BACK ?
3.DOES INDIAN POPULATION DOESN'T NEED PROPER HOME ?
4.IS THIS IS END FOR INDIAN REALITY SECTOR ?

IF YES, DON'T ENTER, IF UR CONFUSED WITH YES OR NO...ENTER INTO REALITY SECTOR
THERE IS NOT GOING TO BE "THE END" OF REALITY SECTOR IN INDIA, EVERY SECTOR OR INDUSTRY HAS SOME UP'S AND DOWN...WHAT IS PROBLEM IN BUYING STOCKS WHEN ITS "DOWN".

4. RELAINCE SEEMS TO @ LONG TERM SUPPORT OF 880-900 RANGE, IN RELIANCE INDUSTRIES/RELINFRA SEEMS HERE FORMATION OF DOUBLE BOTTOM, ANY MAJOR MOVEMENT IN NIFTY WILL BE LEAD BY RELIANCE(FORGET WHAT SO CALLED "TECHNICAL ANALYST" TELL'S ABOUT RELIANCE IND.ON SOME BLUE COLOUR CHANNEL)

FOR V.S.S. SECURITIES
ADITYA VIKRAM SINGH
+919821251234
http://www.vss-securities.com/

ACCUMULATE SBI

ACCUMULATE SBIN HERE @ 2300-2350 RANGE....ITS A GOOD POSITIONAL PICK

SBI MAGIC

HELLO GUYS,


JUST CHECK MY CALL OF 16TH MAY ON SBIN, PERFECTLY PREDICATED THIS FALL. SEE THE LEVELS FOR SBIN I HAVE GIVEN. FURTHER IF IT COMES TO 2350 LEVELS ITS A GR8 BUYING OPPORTUNITY. AS OF NOW 2400 IS A VERY GOOD SUPPORT FOR SBIN, AND IT SHOULD BOUNCE FROM THESE LEVELS. ONE CAN ENTER 50% HERE AND REST @ 2350 LEVELS WITH A SHORT TO MEDIUM TERM VIEW


ALSO CHECK MY VIEW ON MARKET WHICH I HAVE POSTED ON 10TH MAY,2011.....I HAVE CLEARLY MENTIONED 5400 LEVELS TO WATCH IN COMING DAYS


FOR VSS SECURITIES
ADITYA SINGH
+919821521234

MARKET OUTLOOK

Overall data indicates that Nifty is in a phase of consolidation with 5,400 remaining a strong base level. The upside currently seems to be capped around 5,600-5,620 levels. I expect the Nifty to trade in similar fashion as it is really lacking any leader or trigger to take it to higher level. If Nifty future sustains above 5600 and crosses 5620 levels then short covering would take it to 5700 levels in coming trading sessions, but if unable to hold 5470 levels, then selling pressure may be seen in the market towards 5400 or even lower levels. If Nifty fails to hold 5470 levels then hedge the position by buying 5400 strike price put.

Nifty swing on Friday was within the channel of flag formed and selling pressure started once resistance was touched. There is lack of direction while trading has become difficult, but till 5635 above close is not seen things are looking very negative and advance-decline ratio for a good day is also very bad, suggesting selected stock participating in pull-back rally typical of bear phase. Nifty 5443 breaks low in 34trading days which could put lot of pressure in market and as Inverted Pole & Pennant suggest target below 5000levels in nifty can be possible, if we close below 5470. Nifty has held 5470 the whole week. Nifty to turn positive should trade above 5635. Market to be out of bear phase we need 3-4days continuous close above 5755 being 200DMA, while 100DMA is 5667.


On option front, unwinding is seen in 5500, 5600 and 5700 strike while fresh Put addition was observed in 5500 and 5600 strike which indicates strong fight between bulls and bears to get their grip on the market. Option writers are holding the market in a narrow range, now only decisively range breakout on either side would decide further trend of the market. If Nifty sustains below 5470 levels then selling pressure may get intensified in the market towards 5400 levels On upside if it sustains above 5600 levels, then up move may be seen towards 5650-5700 levels.


Technical View:

COLPAL (CMP Rs.919) : The stock is a break-out above Rs.935 on closing basis and if closes above Rs.935 then Rs.1000 can be near term target for the stock.

SBIN (CMP Rs. 2649): Stock has formed invested pole & flag formation, Break-down below Rs.2600 and real target for the formation could be Rs.2325 around levels also. Stock is trading below all major moving averages with 100DMA Rs.2683 being strong resistance for the stock.



FOR V.S.S. SECURITIES
ADITYA SINGH
+919821521234

STAY CAUTIOUS

HELLO GUYS,

ITS TIME TO STAY CAUTIOUS, COOL AND CALM....LET NIFTY CROSS 5592 LEVELS & GIVE 2 CLOSES ABOVE 5630...THEN WE WILL CREATE LONG POSITION, OTHERWISE THERE IS WIDE GAP CREATED FOR 5400 LEVELS

LONG TERM TREND REMAIN BULLISH WITH DIWALI-YEAR END TARGET OF 6200+ ON NIFTY AND 21000/- ON SENSEX

LAST TWO SESSION HAS SEEN SOME FRESH FII'S BUYING, BUT IS IT ENOUGH TO LIFT NIFTY PASS 5630, LETS WAIT AND WATCH


FOR VSS SECURITIES & SECURITIES
ADITYA V. SINGH
+919821521234
+919987491949
http://www.vss-securities.com/