Breaking News :-
Fortis HealthCare to sell 64% stake in Dental Corp To Bupa. Deal will bring 1554 Cr. INR.
Good morning!
We are hoping market will open flat.
Nifty if sustained above 5884, very soon 5918/5938/5954 can come. This week market can give you mix test. It is not a time to go for short. This week have to decide for further move. Take a step with concern view. Dream team trades are running in profit always. We pray to god for better week ahead.
Nifty has been enjoying support at 5838.
Nifty sustain above 5838, weakness can vanished.
Nifty below 5814 weakness will come.
Bank nifty has been running in dream run. Bank nifty had passed every resistance level without looking back. Bank nifty final target for this series, Team posted some days back and first day of this series 12684, hope are very high to get goal.
Ahead of Week: – RBI policy and Election result.
RBI if cut the rate, Nifty 6000 can come very easily. Rate cut hope is very high.
Election result can harm market mood Mr. Modi win mean 60 to 70 point cut in Nifty.
Today first time news or talk within trader community that seem to Mr. Modi not getting best place.
Media estimations can be fake. Rural areas are not very hopeful with Mr. Modi. No any opinion passed Team.
If Mr. Modi brought fewer seats mean market can hold nerves or can joy.
Tomorrow second half will be better. If Nifty will holds 5864 to 5888.
Data front:-
Tomorrow, most of Global data will come very flat. That will bring help for market. However, market will run very flat.
Currency Fronts:-
Indian Rupees will go to open strong. We are hoping that Indian Rupees will run strong, throw out of the day. We are sure about this that Rupees will run strong.
Oil Fronts:-
We do not feel that oil price have to spike. However, high oil price will not hold long. We are expecting correction in oil price or run in not visible. Next, some days oil price will hold between80 to 90$.
Global Market View:-
Asian Market will run flat.
Europe Market will run flat to positive.
USA Future market will run positive.
New Fronts:-
ADR Price is showing that follow up buying and sell trends, similar to NSC/BSC Market.
Fortis Heathcare news (Team brought some days back.)
Boehner Blinks, white house Rejects offer; CNBC…..More and More news will come on this subject.
It is one of biggest news that can change Global market moods. Dow technical hanging between ICU and General ward.
Japan New Government will take place very soon, Ruling party loss in General election. No effect.
Government is working in full and free hand; they want to take harder step in very near future. They do not have much time only until March 2013. They are talking loud and logically. Last two days FM views are very realistic. Markets love such a realistic view.
Some word from FM:-
1) Will take more steps to turn around economy.
2) Bitter medicine necessary to restore health of the economy.
3) India can be downgraded to junk, if no fiscal consolidation followed.
Traders needs clear concept, it is better time to know from FM. Market can joy FM opinion.
Government confident of meeting FY13 fiscal deficit target of 5.3% :-Officers from FM office.
Government to speed up sale of stakes in states firms.PM
Rail fares to go up Next year. Buy again Railways share Kalindree Rail and Titagarh wagon. Buy for 5 to 10% gain in next 15 days.
Videocon D2H files draft offer document 700 crore IPO. Effect = mild positive.
Bharti Infratel IPO subscribed 1.3 times, not much enthusiasm for Bharti Airtel.
Gas pipeline for 5 fertilizer plants will be in march 2014. Zuari among other five companies will benefit.
Natco raises again price, remember last month they did similar. Price movement will come. Share price will rise.
Fitch affirms France AAA say no room slippage. Effect =0000000000000
China IT revenues hit $311 Billion. It will give some fresh air to this sector. It is not a mean big mouth. IT share can take some support.
Bank of America upgrades cements stocks to Buy, Dream Team buying and advising cements in 8 months.
Advance Tax front: – LIC, ICICI, HDFC Lead 15 to 18%.
SBI and some back given less advance tax.
Inflation seem to fall further, if follow history chart.
Zee Group again we are repeated warning to keep away from this group.
Rbi given hints for rate cut. That is very good news for market. This rumor will come tomorrow. This rumor is running in market, if tomorrow Europe opens well, we are much sure that this view will pick.
Market View:-
Nifty will going to take support near 5838. We will buy from 5850 (Spot)
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Day Trade View:-
We booked 50% our profit in most our trade. Titan Ind. Only went for SL. Please, tomorrow second half will be better. More news more guideline refresh your browser at www.dreamearn.com
1) Nifty is buying call for 5954/5964. Sl will be 5814. Today our price will be 5850. This is positional trade.
2) Bank Nifty will be our buying call for 12684 SL will be 12314. Yes, we will trade on this; our buy will be 12314 nearby.
3) Vijaya Bank buy for 68 SL will be 57.40. This target will come this week.
4) GIC housing buy for 134 Target can come this week.
5) Crisil, we will buy tomorrow again. 1134 is our target.
6) Nifty call 5900 will be buy call. If nifty is reach 5845. Buy nifty call 5900. SL will be spot price 5814. Team brought 48 to 55 for 84 targets. SL will be 40.
7) Tata motor our carry forward buy call Target will be 304/314. SL will be 286. New call wave on Friday 3P.M.
8) Tech Mahindra we brought at 912. Target will be 948/966/984.
9) Hexaware is our buy call for 90/92 SL will be 84.40 new calls.
Thank you very much for following and reading our post.
God bless us all.
Thanks and Regards.
Dream Team.
Best of luck everyone.
Ideas had taken from Mr.Chetan Singh,Mr. Jignesh Bhai, Mr.Kamboj,Neeraj,Nano Khan and John