Wednesday, 19 December 2012

19th Dec 2012 - Morning Update courtesy Dreamearn.com

Tomorrow we will book our long position, if nifty is holds 5928 keep you long position intact. Check our updates in market hour. Wait for our market updates for further guideline.

Nifty will open mild positive. Nifty will open positive and going to extent gain to some points. If nifty passed 5924-5928 and holds for few minute. Nifty can go for 5944.

Nifty is not going below 5800 in normal condition.

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, Please book the your long above 12600.

Read Full post many more Updates @ www.dreamearn.com

Ahead of Week: – Election result.

Election result can harm market mood Mr. Modi win mean 60 to 70 point cut in Nifty.
If Mr. Modi brought fewer seats mean market can hold nerves or can joy.

Data front:-

Tomorrow, most of Global data will come good. That will bring help for market.

Currency Front:-

Indian Rupees will go to open strong. We are hoping that Indian Rupees Can test 52 in this series. Team is very surprise from Rs. Move, not able to hold upper level. Last two session Indian Rupees not helping market. Everything is look good, however not able to hold. Hope tomorrow currency will help market.

Oil Front:-

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$. However, Team Have strong believes that next year oil will show new low. This will be good for Indian Market. (2013)

Global Market View:-

Asian Market will run flat to mix.
Europe Market will run flat to negative.
USA Future market will run flat to negative.

New Front:-

ADR Price is showing that follows up buying and sells trends, similar to NSC/BSC Market.
Tata motor is showing good run. Surprise that Infosys is running above 1%. Icici Bank ADR also gaining.

PSU Bank will get 5000 Cr. End of current fiscal year.

BANKING BILL passed from lok-sabha.

LOK SABHA passed companies Bill.

Eros International Promoter to offload 2.8% stake.

S&P Upgrades Greece Credit Rating to Stable. LoL. Feel better for European market.

Parliament defers voting on insurance bill –minister.

India clears way to bigger foreign investment in banks.

RBI may be start very soon on new Banking License. Can start buy in L&T finance, M&M Finance,

ShriRam Finance, Bajaj finserve, Aditya Brila Navo, Tata capital.

Spain might not look for full bail out. This is good news for 2013.

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

Etihad in final stages of talks with jet and Kingfisher. Team will go with Kingfisher.

Market View:-
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Day Trade View:-

1) Nifty, Team running long from 5830. Tomorrow morning with good opening, we will book or if big gap up opening above 5924 we will hold our long with SL5914.

2) Bank Nifty will be our buying call for 12684 SL will be 12314.We brought Bank Nifty at day low level. Please book with target or near the target.

3) Vijaya Bank buy for 68 SL will be 57.40. Tomorrow 65- 64 book 100%.

4) GIC housing buy for 134 Target can come this week. SL 123. Tomorrow will be the day to book with profit.

5) Crisil, we will buy tomorrow again. 1134 is our target.SL 984. Tomorrow will be the day to book with profit.

6) Nifty call 5900 will be buy call. Tomorrow please book 100%.

7) Tata motor our carry forward buy call Target will be 304. SL 286. Tomorrow book at morning opening.

8) Tech Mahindra we brought at 912. Target will be 948/966/984.Tomorrow book with profit.

9) Geodesic brought at 28.30 tomorrow target will be 33.60. Please Book 100%.

10) Tata steels our buying call for 404/414. SL 391.40. We brought at 396/397 Can book 100% or holds with 404 for 418/424.

11) SBI brought near 2298. Better, book 50% or Holds with SL 2344. Target will be 2398 to 2414.

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. Jignesh Bhai, Mr.Kamboj and Neeraj.
By: – Neeraj

1 comment:

  1. NIFTY CLOSED at 8417.00 with a gain of +19.00 points SENSEX CLOSED at 27257.64 with a +21.98 gain from a details new at- epic research

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