NF Fut 16-July

.
.
.
Xpert Nifty
16-July

Still no sign of clear trend Friday also NF traded in narrow range and also not given sign of breaout.
Today can give breakout.

Upper Side Breakout 5350
Lower Side Breakout 5220

WeB:- www.XpertNifty.in

NF Fut 13-July

.
.
.
Xpert Nifty
13-July

Best day for the stock market trader is FRIDAY.
Today we can hope that the consolidation of last 10 days, can end today and can give a successive breakout.

Upper Side Breakout 5350
Lower Side Breakout 5220

WeB:- www.XpertNifty.in

NF Fut 12-July

Xpert Nifty
12-July

CONSOLIDATION
Still Nf Fut is in range bout zone there is no clear trend. IF NF fut sustain below 5250 and close below then we may see some panic. 
Buying can see near 5250 level.

NF Fut 10-July

.
.
.
Xpert Nifty
10-July

After Taking resistance at 5352 NF fut now expected to touch 5230-5210
Still consolidation phase is on. And Nifty will remain in this phase unless & until there will not be a clear direction on GAAR.

Resistance:- 5310-5330-5352
Support:- 5230-5210

WeB:- www.XpertNifty.in

NF Fut 09-July

.
.
.
Xpert Nifty
09-July

CONSOLIDATION > THIS IS THE SIGN OF SOME MAJOR MOVES.
We Have seen same consolidation in June end too, again we are into consolidation from last 5 days.

Trend will remain +ve as long as NF sustain above 5302-5290.

**OPEN POSITION**
WE HOLD LONG NIFTY 5240
WE HOLD LONG BANK NIFTY 10,165
WE HOLD LONG SBIN FUTURE 2108

WeB:- www.XpertNifty.in

NF Fut 06-July

.
.
.
Xpert Nifty
06-July

Since so many days we are saying about 5340-5352.
Yesterday NF Fut try to cross but fail to sustain. Is this the end of bull market????

Well Today is FRIDAY the trend decider day. Cross above 5352 and if NF sustain then you may see 5402 in few days only.

**OPEN POSITION**
WE HOLD LONG NIFTY 5240 LTP 5339 PROFIT RS. 9,900
WE HOLD LONG BANK NIFTY 10,165 CMP 10,630 PROFIT RS. 46,500
WE HOLD LONG SBIN FUTURE 2108 LTP 2221 PROFIT RS. 14,125
TOTAL PROFIT RS. 70,525

SPECIAL OFFER PAY 10,000 FEES AND GET NIFTY POSITIONAL TIPS + BANK NIFTY POSITIONAL TIPS + SBIN POSITIONAL TIPS
**OFFER VALID TILL 06-JULY ONLYYYYYYYYYYYYYYYYYYYYYYYYYY

WeB:- www.XpertNifty.in

NF Fut 05-July

.
.
.
Xpert Nifty
05-July

Consolidation is the sign that the move is suppose to come it can in either direction.
We are expecting as long as 5210 hold for the TG of 5400-5450.

**All 3 OF OUR POSITION GIVEN TO PAID CLIENT GIVEN HUGE MONEY IN JUST 3 DAYS.
CALL #1 - BUY NF FUT 5240 (29-JUNE)
                        STILL HOLDING LONG POSITION  OUR TRAILING SL XX,XXX
CALL #2 - BUY BANK NIFTY FUTURE 10,165 OUR TG 10,465 ACHIEVED
                   STILL HOLDING LONG POSITION  OUR TRAILING SL XX,XXX
CALL #3 - BUY SBIN FUTURE 2108 (29-JUNE) OUR TG 2183 ACHIEVED
                   STILL HOLDING LONG POSITION  OUR TRAILING SL XXXX

SPECIAL OFFER PAY 10,000 FEES AND GET NIFTY POSITIONAL TIPS + BANK NIFTY POSITIONAL TIPS + SBIN POSITIONAL TIPS
**Offer Valid till 06-July

Regards,
Team Xpert Nifty
www.XpertNifty.in
M:- 08401425334

NF Fut 04 - July

.
.
.
Xpert Nifty
04-July

Slow and steady NF manages to move higher & higher. We are waiting for the trend clearance at 5352.
Stay above this level and if it manages to sustain they we may see again a new rally which will take NF till 5402(which is again a strong resistance)

**All 3 OF OUR POSITION GIVEN TO PAID CLIENT GIVEN HUGE MONEY IN JUST 3 DAYS.
CALL #1 - BUY NF FUT 5240 (29-JUNE)
CALL #2 - BUY BANK NIFTY FUTURE 10,165 OUR TG 10,465 ACHIEVED
                   STILL HOLDING LONG POSITION  OUR TRAILING SL XX,XXX
CALL #3 - BUY SBIN FUTURE 2108 (29-JUNE) OUR TG 2183 ACHIEVED
                   STILL HOLDING LONG POSITION  OUR TRAILING SL XXXX

SPECIAL OFFER PAY 10,000 FEES AND GET NIFTY POSITIONAL TIPS + BANK NIFTY POSITIONAL TIPS + SBIN POSITIONAL TIPS
**Offer Valid till 06-July

Regards,
Team Xpert Nifty
www.XpertNifty.in
M:- 08401425334

NF Fut 03-July

.
.
.
Xpert Nifty
03-July

Nifty if now +ve 5360 is the key level to watch for now.
IF NF sustain above this level the we can see fresh buying will come. In This case TG will be 5402

**ALL OUR PAID CLIENT IS HOLDING LONG NF FUT FROM 5240, OUR TRAILING SL XXXX

WeB:- www.XpertNifty.in

NF Fut 02-July

.
.
.
Xpert Nifty
02-July

As predicted on 27-June( Thursday ) that we will se breakout of Nifty in 2 days Thursday or Friday which will decide the trend.
And hence the result on Friday we have seen a good Gap opening and +ve breakout & NF achieved our most awaited TG 5300.

Now the trend is +ve intraday you may see some consolidation or some profit booking too.
every decline and at every major support we recommend to add long positions.

**ALL OUR PAID CLIENT HOLD THERE LONG NF FROM 5240-5243 TG 5280 DONE NEXT TG XXXX

Trend :- +ve OR UP
Res.   :- 5352-5378
Sup.   :- 5220-5200

WeB:- www.XpertNifty.in

NF 28-June

Xpert Nifty
28-June

Today we are expecting a gap up opening and the up move is likely to continue.
If Nf manage to cross & sustain above 5200 mark then fresh buying will push Nifty till 5300 on immediate basis.

**Refer yesterday live market update with chart.

WeB:- www.Xpertnifty.in

NF Fut 27-June (Live Market Update)

.
.
.
SINCE LAST 10 DAYS WE ARE WAITING FOR THE TREND CLEARANCE BUT THE TIME HAS COME WE ARE EXPECTING THAT YOU MAY SEE THE NEW TREND OR BREAKOUT WITHIN THIS 2 DAYS (i.e. THURSDAY OR FRIDAY)

WeB:- www.XpertNifty.in

NF Fut 27-June

.
.
.
Xpert Nifty
27-June

NF will again come to touch 5180-5190-5200

TREND CONSOLIDATION SAFE TRADERS AVOID MARKET.

WeB:- www.XpertNifty.in

NF Fut 26-June

.
.
.
Xpert Nifty
26-June

Technically NF is in the range of 5190 to 5040. Any side breakout will lead the trend.
NF must sustain for 15 min after crossing this level's.

The consolidation is mainly because there is no clear indication that how our economy & GDP will boost in coming days.
Any clearance in issue will decide the upcoming trend.

Current View:- NO TREND NO TRADE

NF Fut 25-June

.
.
.
Xpert Nifty
25-June

Volatility Index is still strong and hence this consolidation face is soon expected to give breakout.
Uper resistance is at around 5180-5190
Lower Support is at around 5040-5030

Any side NF Break and sustain for 10 to 15 min can consider as breakout.
Small traders avoid market between this range.

WeB:- www.Xpertnifty.in

Market may remain volatile ahead of derivative expiry

Stock markets are likely to see high volatility this week as a weak rupee, insipid domestic and international cues and settlement in this month's derivative contracts will influence sentiments, analysts said.

"This week would continue to pose challenges for the markets in light of high dollar rates and weak domestic and international news flow," Inventure Growth & Securities Chairman & MD Nagji K Rita said.

Analysts also said that cautious approach should be adopted by investors since volatility is expected to be high in view of futures and options expiry on Thursday (June 28).

"As markets are in an expiry week, cautious approach is recommended since volatility is expected to be high. Important resistance for Nifty exists at 5,195-5,205 and a close above these levels will definitely make the medium term trend bullish," Rakesh Goel, Vice President, Bonanza Portfolio said.

Investors are also keeping a close watch on the progress of monsoon rains as they are important for farm output and economic growth, traders said.

Meanwhile, the rupee on Friday fell to all-time low of 57.37 intra-day against dollar on intense demand for the US currency, particularly from oil importers, but ended at 57.15, recording this year's biggest fall of 85 paise in a day.

Experts believe that any step taken by the government or RBI to prop up the economy could cheer markets.
"Positive policy action from the government at this stage could lead to a huge out-performance coming through from India due to its low external linkages," said Sandip Sabharwal, CEO - PMS, Prabhudas Lilladher Group.

On the global front, a key summit of the European Union is scheduled on 28 and 29 June, 2012, to discuss the ongoing European debt crisis. Any positive fallout from the EU Summit could influence prices of commodities, including oil.

However, if any concrete steps are not announced, global markets could see a further sell-off.
"EU summit is expected to discuss measures on combating the crises, in case concrete measures are not announced, then it can cause further sell-off in risk assets and rally in the US dollar," said Anindya Banerjee,
Senior Manager Currency Derivatives Research Desk, Kotak Securities.

The BSE benchmark Sensex had ended last week higher by 23 points at 16,972.51.

**Source:- www.MoneyControl.com
**Direct Link of Above Repost:- Click Here

NF Fut 22-June

.
.
.
Xpert Nifty
22-June

...........Friday..............

So today do we see any trend emerging or as last 5 days we will trade in the range 5180-5030.
Either side breakout will lead the trend.

Clear entry to our paid clients only.
All our paid client have buy NF at 5080(19-June) our TG 5171 achieved.

WeB:- www.XpertNifty.in

Credit Suisse Cut 3 Levels as Moody's Downgrades Biggest Banks

 

June 21 (Bloomberg) -- Credit Suisse Group AG's credit rating was cut three levels by Moody's Investors Service, Morgan Stanley was reduced two levels and 13 other banks were downgraded in moves that may shake up competition among Wall Street's biggest firms.

Credit Suisse, the second-largest Swiss bank, received the maximum reduction that Moody's said in February it may make during a review of global banks with capital markets operations. Morgan Stanley and UBS AG (UBSN), the other firms singled out for such a steep cut, were lowered two steps instead.

"All of the banks affected by today's actions have significant exposure to the volatility and risk of outsized losses inherent to capital-markets activities" Moody's Global Banking Managing Director Greg Bauer said today in a statement.

The downgrades may force banks to post additional collateral to trading partners in derivatives deals while boosting the companies' borrowing costs. Moody's said when it announced the review that it was seeking to reflect the banks' reliance on fragile confidence in funding markets and increased pressures from regulation and a difficult market environment.

**Source :- Yahoo Finance
**Details Report/Direct Link:- Click Here

NF Fut 21-June

.
.
.

Xpert Nifty
21-June

Today uncertainty will remain at its edge. No clear trend by the way in the market since last 4 or 5 days.

Intraday We may see some +ve move but 5180 is the key level to watch.
Live update through yahoo messenger   xpertnifty@yahoo.in

WeB:- www.XpertNifty.in

Sensex lacklustre; ITC, TCS, Bharti, HDFC Bank down

The BSE Sensex and NSE Nifty were completely listless in trade following flat European markets on Wednesday. Shares of Tata Motors, Dr Reddy's Labs, Jindal Steel and BHEL topped the buying list, rising 2-3%.

The BSE benchmark rose 47.06 points to 16906.86 and the NSE benchmark went up 17.5 points to 5,121.30. Even the Indian rupee was moving in a range around 56 to the dollar.

Markets globally are waiting for the statement by Federal Reserve at its two days meeting that will end today. Chairman Ben Bernanke is expected to expand Operation Twist to boost growth and buy protection against a deeper crisis in Europe. The Fed is also likely to keep rates unchanged.

However, Ethan Harris, BofA ML Global Research is not very positive about the outcome. According to him, Operation Twist will not aid economy much.

Back home, engineering and construction major by sales Larsen & Toubro was up 0.9%. Country's largest lenders State Bank of India and ICICI Bank moved up over 0.5%.

State-owned oil & gas producer ONGC rallied 1.6% and top two-wheeler manufacturer Hero Motocorp climbed nearly 2%.

However, the consistent fall in HDFC Bank, ITC, TCS, Bharti Airtel, Coal India, Hindalco and Maruti, which fell 0.7-1%, has capped the upside.

The BSE Midcap and Smallcap indices rose 0.6% each as advancing shares outnumbered declining by 1472 to 1061 on the BSE.

**Source :- MoneyControl.com
**Direct Link :- Click Here

European shares, euro steady awaiting Fed decision

 

LONDON (Reuters) - European shares and the euro steadied on Wednesday, pausing after strong gains, as investors waited to see if the U.S. Federal Reserve will adopt further monetary stimulus to help counter faltering economic growth.

The Fed is set to announce its monetary policy decision at 1630 GMT at the conclusion of a two-day policy meeting, with expectations high that the U.S. central bank will extend its bond-buying program dubbed "Operation Twist".

The hopes for more liquidity from the Fed lifted many riskier asset markets on Tuesday, sending MSCI's world share index up over 1.2 percent <.MIWD00000PUS> and leaving the risk of some disappointment also high.

"It's almost a sure thing that if the Fed fails to deliver to expectations, markets will quickly unwind yesterday's gains, which were premised almost solely on anticipated Fed action," said Cameron Peacock, an analyst at IG Markets.

The FTSE Eurofirst 300 (.FTEU3) index of top European shares was down 0.2 percent in early trading at 1,008.32 points after surging 1.6 percent to a one-month high in the previous session.

Meanwhile, German 10-year bond yields edged up and equivalent Spanish debt yields eased on the hopes of Fed action but traders were cautious ahead of a debt auction by Spain on Thursday.

The euro eased a fraction to trade around $1.2684, after rallying nearly 1 percent in the previous session.

 
(Reporting by Richard Hubbard; Editing by Anna Willard)

***Source  :- Yahoo Finance
***Direct Link :- Click Here

 

NF Fut 20-June

.
.
.
Xpert Nifty
20-June

As said yesterday consolidation will be seen & hence we have seen a  consolidation but with 80 pts range.

We are expecting that market will show some strength and will move up side till 5180.

Clear update during live market through yahoo messenger.

WeB;- www.XpertNifty.in

NF Fut 19-June

.
.
.
Xpert Nifty
19-June

RBI disappointment, Fitch review to push Nifty below 5000?

 

Nifty is likely to remain in the narrow range today. In Our view the range is 5020-5150.

Any side breakout will lead the trend.

Trend:    Consolidation

Res:       5150

Sup:-     5020

WeB: www.XpretNifty.in

 

NF Fut 18-June , Live market Update Just after RBI Policy

.
.
.

Xpert Nifty
18-June

Live Market Update Just after RBI Policy

As you can see that in the morning itself we have said that about today's resistance.

However NF turned from 5180. which is truly unexpected but as you can see that NF has break its strong +ve rally and it is likely to trade lower unless it cross and sustain above 5100.

WeB :- www.XpertNifty.in 

RBI Policy

RBI keeps REPO and CRR Rate unchanged

NF Fut 18-June

.
.
.
Xpert Nifty
18-June

As said on Friday that still bulls have power and they will show power, we have seen 100 pts rally.

We are expecting some more rally at least till 5300. however some IMP events may take market to either direction.

**All our paid client holding long from 4895(6-June) with trailing SL XXXX

Res:- 5180-5234-5299

WeB:- www.XpertNifty.com

RBI’s rate cut: Five possible outcomes on 18 June

RBI’s rate cut: Five possible outcomes on 18 June

The Reserve Bank of India releases its mid-quarter monetary policy review on 18 June, and weakening domestic and global economic conditions have added to the likelihood it will take action to boost growth, despite lingering inflation worries.

On Thursday, the inflation was reported to be at 7.55 percent in May, in line with expectations. However, the GDP growth slipped to a nine-year low of 5.3 percent in the March quarter, and industrial production was flat in May, data this week showed, adding to a sense of urgency about the deteriorating state of the Indian economy.

A Reuter’s poll last week showed most economists expect a repo rate cut, but few expected a cut in the cash reserve ratio, the share of deposits that banks keep with RBI. Expectations have grown since then for a CRR cut.

The RBI will release its mid-quarter monetary policy review at 11am on Monday. Reuters

The RBI will release its mid-quarter monetary policy review at 11am (0530 GMT) on Monday, and there is a broader-than-usual range of expected outcomes, according to the predictions of traders and economists.

Possible scenarios:

25bps cut both in repo rate and CRR

Probability: One of two most likely outcomes.

Many market participants are betting on a modest reduction in both the repo rate and CRR because the combination of interest rate and liquidity easing would send a signal that the RBI is keen to prop up growth by providing liquidity to banks while ensuring inflation is under control. An easing in core inflation to around 4.85 percent in May may give the central bank comfort to cut rates.

Such an action would compel banks to cut lending rates as improved cash flow brings down their cost of deposits, which has remained high despite the RBI’s previous rate and CRR cuts. The market also expects the RBI to sound pro-growth in its statement, and at the same time highlight inflation risks.

Market reaction: The government bond yields and interest rate swaps could ease 5-7 basis points and the curves may shift downwards. The rupee may rise marginally, with stocks posting modest gains.

25 bps cut in repo rate, no CRR cut

Probability: One of two most likely outcomes

The RBI may decide only to reduce rates but refrain from infusing more market liquidity, as it is already injecting cash into the system through bond purchases and may prefer to save the CRR tool for when liquidity tightens sharply. High food prices and consumer price inflation continue to pose risks to inflation and the RBI may not be comfortable turning dovish.

However, only a repo rate cut may not be enough to spur banks to cut lending rates, or to improve sentiment sufficiently to bolster growth.

Market reaction: Given that markets have already priced in a 25 basis point rate cut, such a mild step could disappoint investors and push up bond and swap rates.

No repo rate cut, 50bps cut in CRR

Probability: Less likely

To improve monetary policy transmission, the RBI could choose only to reduce the CRR, which would release liquidity and bring down banks’ cost of funds immediately, enabling them to reduce lending rates. Many view a reduction in CRR as a more effective tool than a rate cut.

The central bank has been under increasing pressure to cut the CRR after finance ministry officials and the country’s largest state bank have called for one.

The RBI may be reluctant to cut CRR by such a big margin, however, that could fuel inflationary pressures.

Market reaction: The government bond and swap curves could steepen with short-end rates softening as cash pressures ease. Concerns that a steep CRR cut could prompt the RBI to avoid bond purchases could keep long-end rates elevated.

25bps cut in repo rate, 50bps cut in CRR

Probability: Less likely

Some investors hope the RBI turns actively dovish, betting that a big CRR cut accompanied by a rate cut ensures effective monetary policy transmission. With mounting pressure on the RBI from the government, some in the market believe the RBI may take the plunge and release an aggressively pro-growth policy.

Market reaction: Short-end government bonds and swap rates would ease more than the long-end. The rupee and stocks could post gains.

No change in rates or CRR

Probability: Unlikely

With a sagging economic growth, moderate core inflation, and increasing pressure from the government, it is unlikely that the RBI does nothing, as a downturn in domestic and global economic conditions has spurred calls for central bank action. Until a few weeks ago, the majority view was that the RBI would keep rates and CRR on hold at its June review.

Market reaction: There would be sharp sell off across all asset classes.

NF Fut 15-June

.
.
.
Xpert Nifty
15-June

......FRIDAY......

Yesterday we have said that there is strong resistance 5135. And pl conform yesterday's high(it wan 5138) from your end. Also said the trend is consolidating and see the range its 5138-5030.
Any side breakout will lead the trend for today...

We still believe that the bulls still have the power & that power you may see today. How ever below 5030 NF will dip to lower level.
Cautious.

Res.  5138
Sup.  5030

WbB:-   www.XpertNifty.in
BloG :-  XpertNifty.blogspot.in

NF Fut 14-June

.
.
.
Xpert Nifty
14-June

As said yesterday that no big move expected and we have seen NF closed flat after loosing 11 pts gain of afternoon.

Today we have Inflation Data. The Data will decide the move of today & tomorrow.
However Technically NF is near the strong resistance 5135, If NF Fut sustain above this zone then we have see a fresh buying will take NF near 5300 which is our foremost crucial resistance.

Trend :-  Consolidation , +ve above 5155
Res.   :-  5135-5155-5192
Sup    :-  5020-4960

WeB:- www.XpertNifty.in
BloG:- XpertNifty.blogspot.in

NF Fut 13-June

.
.
.
Xpert Nifty
13-June

Do you guys remember what we have said yesterday???
we have said that the trend is up and you may see buying pressure from down level's.

Yesterday we have seen a huge buying pressure and as said NF is still in up trend. You may see some consolidation during the day.

Trend :- UP or +Ve
res.    :-  5181-5233
Sup    :- 5020-4960

WeB :- www.XpertNifty.in
BloG :- XpertNifty.blogspot.in

Stocks/sectors that you can bet on if RBI cuts rate

Over the past week, Indian equities gained over 5% on hopes of a rate cut from the Reserve Bank of India on its monetary policy review on June 18.
While the street is still waiting for the inflation number out Thursday, as that will be the determining factor, experts have pegged their hope on a 50 basis point repo rate cut or 50-100 basis point cut in the cash reserve ratio come Monday.

Today’s dismal IIP number of 0.1% for April further cemented these expectations.
Portfolio manager PN Vijay believes a core inflation number of below 4% will encourage the RBI to give a double booster to the market by way of a 25 basis point repo and CRR cut. He, however, goes on to say that this will not largely impact the market because it is already factored in.
Coming to individual stocks and sectors, Vijay says banks will not see much of a rally on Monday because investors will look at booking profits after the policy meet. However, he doesn’t see the money leaving the market, but instead move into indirect beneficiaries such as infrastructure companies and real estate companies.

“I think people will sell the news and move into the infra and real estate companies which are the secondary companies which would be the beneficiaries of the pass-through of rate cut,” he said.

Since we are already seeing banks pass on the benefit of the last rate cut, Vijay says user industries will benefit the most from any further rate action from the central bank.

Speaking about yesterday's S&P statement , Vijay says it should come as a warning to the government to act before it becomes too late.

Below is an edited transcript of his interview with Sonia Shenoy and Reema Tendulkar. Also watch the accompanying video.

Q: A word on the technical setup. We didn’t expect this huge reversal today but now that its come how would you approach it?
A: I have to differ with you on this statement. We never expect anything from the markets. What we know was that we were long in the market and we had a level of sub-5,000 at which we cut out trades. So to that extent the market will always do the unexpected and I am not surprise at the fact that we gap down and then rally it up. So there is a slight difference here. The message is that this market is fairly strong on the bullish side. The fact is that we could gap down and do this intraday rally. We did similar pattern last week. It tells us that the corrections that we are now seeing in this market are something that is called running corrections, they just happen intraday and people cannot even see it. So I would expect that this market is well on its path to reach 5,200.

Q: There is talk now that there could be more aggressive action because of how slow the growth has been. All eyes of course will be on inflation figure as well. What are you expecting to hear and how would you approach the banking space in anticipation of that?
A: Of course the IIP number is calling out strongly for loosening of credit policy because all of us know that the problem in India is lack of investment demand. There is just not that much confidence in the private sector to go and part with some cash and put it into long term assets. So to the extent the cost of capital goes down, whichever way you can, the investment ratio will increase and then you will have a multiplier effect. So there is a compelling reason to cut CRR and the bank rate.

However, as Dr Rangarajan was mentioning today, we need to look at the core inflation. We don’t want a stagflation type of situation, so we need to look at the manufacturing inflation. If we are anywhere below 4%, given that the commodity prices have sold off across metals and other commodities in the last month, we could get a double whammy of 25 basis points each on CRR and base rate.

Talking to industrialists, what's clearly worrying them is not Greece. You and I worry a lot about Greece and Spain and what Bernanke is saying, but what they worry about is three things �" high commodity prices, high interest rates and lack of government orders.

If we can get some strong action on government spending and interest rates, I think our IIP would improve dramatically and we would be 7% plus in 2012-13. So from that point of view, if inflation is fairly okay or benign, we should get a double whammy on Monday.

Q: If we do get a 50 bps repo rate cut or a 25 bps repo and 25 bps CRR cut, how is the market likely to react to that? Can the rally continue from this 5100 mark or will the market pause and perhaps we see a bit of profit taking?
A: I agree with you that some amount of discounting has taken place. My past experience is the immediate beneficiaries of rate cut, namely banks, will peter out because the front running has taken place extremely highly in PSU banks and in private sector banks.

I think people will sell the news, but the money won’t leave the market; the money will move into BHEL and L&T and, if you have the risk appetite, the infra and real estate companies which are the secondary companies which would be the beneficiaries of the pass-through of rate cut.

Let’s not forget we already had one and the pass-through is now taking place through lower bank loans, through lower bank deposits etc. So this means that there could be a 0.75-1% fall in the interest rates across the economy and we can see the 10-year treasuries slowly going towards the 8% mark. So the secondary industries, the user industries will benefit and probably people would be selling State Bank and buying a BHEL for instance.

Q: If the S&P goes ahead and acts faster than the government and downgrades India, then there could be a big sell off. How have you read into it?
A: I don’t think there will be a great sell off immediately. US got downgraded on August 3, 2011 and after that Dow had a huge rally. S&P has some historicals, we guys are 3-6 months forward looking, but physiologically there would be a bit of a bump.

I like the S&P document; I read it and I reread it because the first time an international agency questions the Indian political system. It is saying that we have a dichotomy, we have got a setup where we have a powerless prime minister, but what are you going to do about it? If doesn’t shake up the UPA, I don’t think anything will. As a warning, as a fire under your chair, I like that. I do hope these guys will stop their denial mode and do things.

***Source MoneyControl.com
Direct Link:- http://www.moneycontrol.com/news/market-outlook/stockssectors-that-you-can-betif-rbi-cuts-rate_716756.html

NF Fut 12-June

Xpert Nifty
12-June

A power pack day was yesterday. we have seen nice profit booking from higher level after some -ve economical news.

How ever still its not the sign of trend reversal.  You may see some buying pressure today from down level's.

Trend :- +ve above 4970
Res.   :-  5120-5135
Sup    :-  4970-4965

WeB :- www.XpertNifty.in

NF Fut 11-June

Xpert Nifty
11-June

I Think all have enjoyed the GOOD FRIDAY again, as said NF fut is strong and all our intraday levels achieved.
As you can see in above chart that NF Fut have crossed the strong resistance and also closed above it.

Now the next TG is 5132.

Trend :-   UP or +Ve
Res    :-  5132
Sup.   :-  4960

WEB:- www.XpertNifty.in