Friday, 7 December 2012

7th Dec 2012 - Morning update - Courtesy Dreamearn.com

Nifty Sl will be 5838 target will be 5948/5978/6000. We had strongly believed that the Nifty would give one more run

We are hoping flat opening, nifty going to run in very small.

Check the FII buy in cash market and check in future or option segment. They are also not sure about what will come out from voting.

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. China economy may grow 8.2% in 2013: think-tank. We are still in positive site with concern view.

Data front:-

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. This factor will come in force from next week.

USA DOW running above 13000, this is good for Global market. We are very much certain that USA market will recover and lead to other world market.

Oil price is not able to pick. Check supplies and demand volume. We are not looking any spike in oil price; even we are approaching to hard-core cold weather.

Indian Rupees will go to open negative. We are hoping that Indian Rupees will run flat. We are very much sure about our comment.

Asian Market will run flat.
Europe Market will run flat.
USA Future market will run flat.

News Front:-

India government did very good job that they brought Mayawati in league. Now everything looks very certain for Retail FDI.

Adani group if holds above 234 good for 318. This target can come within one month. For safety of your trade, we can suggest all to keep SL 218 to 224.

Fortis Healthcare: – This is good tie up for forties healthcare; if you are, investor can buy stock and hold for 144.

Rbi given hints for rate cut. That is very good news for market.

NIB decision forwarded to next week. This is not good for infra stock.

Railway fares going to rises very soon good for railways and some company. Now take 2-month call on railways stocks.

CECA differs decision on New UREA investment plan. Concern minister not reach to meeting. This is bad for fertilizer sector.

Maruti announced price hike for products. This is good for stock price.

Sebi cames out with Rajiv Gandhi equity saving scheme norms. This is good for brokerage farm.
Bad news for GMR court order came against them.

Jindal steel going to invest $500 million in Cameron project.

Sebi sleeps Rs. 1 lakh fine on Bilcare CMD. Now share price can move.

Market View-

IT Sector will come strong tomorrow.

Bank will lead for this rally. This rally will stand or not stand no one can tell you. Please book your profit on every level. Act like pure trader. We are hoping bank will lead for next two days.

DLF, HDIL, INDIABULLS REAL will act strong in positive site. CNX Reality (280) above 264 that is very good. DLF above 222 can test 232. HDIL above 118 is very good for 124. (Need to holds above 118 or closing will be better) CNX Reality passed 284. If holds 284 mean 300 also not rule out. Still 5% space for CNX Reality.

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. Tomorrow do not use this line.

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1) Nifty is buying call for 5954/5974/6000. Sl will be 5838. We are holding our longs.
2) Bank Nifty if pass and holds 12368 mean going for 12680 SL will be 12224. We are holding our longs.
3) Nifty 6300 call is our carry forward can book at 14. Many people not able to book. Please try to book near to 14.
4) RCOM 70 call is open for 8/9. Tomorrow try to book above 7.
5) Aptech we brought for 76. Our purchase was below 70 and Sl 67. Holds with Sl. Very badly sucking money and brain both. Try to book even rate to rate.
6) Buy ICICI Bank and Wipro for 1% gain. Both are our carry forward trade. We need further 1%. Carry forward call.
7) L&T Finance Ltd. we brought today for 88 targets within 16 to 18 December. Carry forward call.
8) Penisula Land please book near 78. Carry forward call.
9) Motherson sumi system please book near 188. Target can come tomorrow if not make carry forward. Carry forward call.
10) GIC housing buy below 123 for 128 if passed 128 that mean stock will give you big gain. Second Target can come near 16 to 18 December. New call.
11) BEML we brought below 313 for 328. Target will come 16 to 18 December. Carry forward call.
14) Buy symphony for 364. Sl will be 344. Try to buy near 350. (Remember jignesh , nano khan are running long.) New call.

Thank you very much for following and reading our post.

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