Tuesday, 4 December 2012

4 Dec 2012 - Morning update (courtesy Dreamearn.com)

Use any dips to buy in nifty Sl will be 5788-5814 target will be 5938. We had strongly believed that the Nifty will give one more run.

Today we booked all our long position with 100% target, only Century Textiles not came with target. We booked with marginal profit. Today we brought Canara Bank and Nifty, Bank Nifty is our carry forward call.

Century textiles if came near to 408 can buy for 432. SL will be 404.
Markets pundits are watching on close Eye to Political development. This week the parliament will vote on this issue. (FDI) Congress made all effect to pass Retail FDI.

Some days back strong rumor in the market that this year fiscal deficit will be 3.6% this rumor made people crazy to buy and buy. We had strongly believed that fiscal deficit would be around 5.6 to 5.8%. That will be bad number. We are starting our concern view on the market. If USA fiscal cliff would not solved out within this week, market can act negatively. Remember when more people are talking about 6000 or 6600 mean something wrong is cooking, last time we guide you people on very correct time that do not go short in the market. We are here to help retails traders and investor. We had still expected that one small rally could come after Retail FDI passed. China is coming very strong to help global market. (Metal can move) We are still in positive site with concern view.

Dear if you are investor please buy in sip system, that the best way to earn or gain in such a market. We had given two-sip plan. We are sure or more than sure that you will be winner. Use and enjoy.

Data front:-

Tomorrow, Global data are look very flat. No big data had waited.

USA market going to help global stock market, retail sales, home sales and consumer confident all are showing recovery coming. Retail sales will pick as we are near festival.
USA DOW running above13000, that is good for Global market. We are very much certain that USA market will recover and lead to other world market.
Oil lobby is crating panic situation in the market. Oil price will not hold upper level. There is no issue for supply some people are using media to create such a scenario. This year oil is not going to give rally. That is very good for Indian market. This comment had rise for cairn India.
Indian Rupees will go to open strong. We are hoping position will hold. We are very much sure about
our comment.

Asian Market will run flat.

Europe Market will run flat.

USA Future market will run positive.

Nifty is looks strong. We are hoping that if nifty holds 5854 and hold or closed 80% chance to reach 6000. We have strong reason for that world market will act strong in next 18 days. Indian rupees will become strong. RBI will cut 25 point from rate in next meet.oil price will not going to rise. Gold demand is becoming lower in India. Government is going to pass Retail FDI. This are the factor who can help Indian market to become strong and strong.

DLF, HDIL, INDIABULLS REAL will act strong in positive site. CNX Reality (270) above 264 that is very good. DLF above 210 can test 221. HDIL above 114 is very good for 124. (Need to holds above 114 or closing will be better)

We have given authorization to some blogs and site to publishing our Good Morning Post. We are working together for your happiness.

Our SL number is best place to buy Stock or Index, second thought keep your margin to make average near SL. Learn trading before trade.

1) Nifty is our carry forward call for 5938, if nifty came near to our SL please add or make average. We are advising all that please try to book near to that level. We will advice or update everyone on market hour. If market came to know that UPA is securing vote of confident, market will zoom sudden. Please do not go short side. (If bad news came out from political front can make short position) today we added Nifty near 5866.

2) Bank Nifty is our carry forward call for 12380, Bank Nifty if found below 12030 Please adds SL will be 11966, Bank Nifty 11380 will be our December target. If RBI rate cut, this act will be bank nifty to 12600 are very possible in this month.

3) Hero Honda is a sell call. Sl will be 1834 target will be 1800 and 1790. Try to use System Sl. Change your Sl with CMP.

4) Canara Bank is our buy call since 464 for target 484 within one week. Sl 444 to 448. If you are planning to add more or will to make average please wait for small correction. Become best trader wait for small correction.

Thank you very much for following and reading our post.

God bless us all.

Thanks and Regards.
Dream Team.
Ideas had taken from Mr.Chetan Singh,Mr. Jignesh Bhai, Mr.Kamboj,Neeraj,Nano Khan and John

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