Monday, 27 August 2012
NIfty Future Update 27-Aug
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Xpert Nifty
27-Aug
In last trading session we have seen a huge consolidation, this can be because of the expiry coming in few days.
Nifty trend is still +ve or UP as long as its trading above 5296 .
WeB:- www.XpertNifty.in
Friday, 24 August 2012
Nifty Future Update 24-Aug
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Xpert Nifty
24-Aug
---::: Friday ::::----
Today it can be trend decider day.
Nifty as saying since last 3 days 5460 is resistance to watch
Nifty fill find support near 5394.
This are the breakout level's too...watch closely the action of Nifty at those level.
Web:- www.XpertNifty.in
Thursday, 23 August 2012
Nifty Future Update 23-Aug
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Xpert Nifty
23-Aug
Nifty is likely to give another move of 100 to 160 pts, This move can come today or tomorrow.
Resistance in intraday chart is : 5460-5480
Support in intraday chat : 5400-5372
WeB:- www.XpertNifty.in
Wednesday, 22 August 2012
Nifty takes a pit stop;Bharti at 4-yr low on more downgrade
The Indian market consolidated on Wednesday after
hitting fresh 5 month highs in trade yesterday. In technical parlance, a
consolidation after decent rally is always a healthy sign and signifies
the underlying strength of the uptrend.
The Sensex closed at 17846.86, down 38.40 points or 0.21% and the Nifty ended at 5412.85 down 8.15 points or 0.15%. About 1292 shares advanced, 1475 shares declined, and 678 shares remain unchanged.
Pharma, IT and auto stocks were on buyer's list today. Realty, power and consumer durables witnessed some profit booking.
Bharti Airtel fell to its lowest intraday level since October 2008, after Credit Suisse downgraded the stock, citing prospects of Reliance Infotel entering the wireless voice market.
Credit Suisse cut its ratings on the stock to "underperform" from "neutral", while cutting its target price to Rs 220. Yesterday, investment bank Morgan Stanley downgraded the telecom major's stock to 'equal-weight' from 'overweight'. Morgan Stanley also cut the target price for the stock to Rs 280 from Rs 366 earlier.
Bharti Airtel was accompanied by Sesa Goa, Sterlite Industries, IDFC and PNB on the losing side. Top gainers on the Nifty were Ranbaxy Labs, BPCL, Bank of Baroda, Infosys and Dr Reddys Labs.
Top Headlines of the day
Sources indicate that Tata Sons is looking to hike stake in group companies, reports CNBC-TV18's Kritika Saxena. Now, four-five companies are top most on the agenda. This includes Tata Chemicals, Tata Steel, Indian Hotels and Tata Coffee.
Ranbaxy Laboratories surged over 3% as analysts cited improved sales potential in key US markets.
The Supreme Court will hear final arguments from September 11 in a key patent dispute between Swiss drugmaker Novartis and India's patent office, a case that could curb India's global position as a supplier of cut-price generic medicines.
The hearing, which is expected to last for at least two months, had been scheduled to being on Wednesday.
Vedanta may offer 25% higher price for acquiring stake in Hindustan Zinc and Balco reports PTI. The news will have negative impact on Sterlite Industries and Sesa Goa. Hindustan Zinc may open in green tomorrow.
Indian tour operator Cox & Kings Ltd announced today, Citigroup's venture capital arm will invest USD 137.75 million in its UK unit, sending its shares up 5%.
The funds will be used to retire the debt Prometheon Holdings, Cox & King's UK unit, raised when it bought British specialist travel company Holidaybreak last July.
The Finance Ministry approved foreign direct investment upto 49% in insurance and pension sector. Max India locked 2% gains.
Europe in red
European indices were also trading lower on profit-booking and some caution ahead of the meeting scheduled today between the Greek Prime Minister and Eurogroup Head.
Gold was steady on Wednesday near a 3-1/2 month high hit in the previous session as investors remained hopeful the European Central Bank would soon take action to contain the region's debt crisis.
Source :- MoneyControl.com
Direct Link :- Click Here
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Pharma, IT and auto stocks were on buyer's list today. Realty, power and consumer durables witnessed some profit booking.
Bharti Airtel fell to its lowest intraday level since October 2008, after Credit Suisse downgraded the stock, citing prospects of Reliance Infotel entering the wireless voice market.
Credit Suisse cut its ratings on the stock to "underperform" from "neutral", while cutting its target price to Rs 220. Yesterday, investment bank Morgan Stanley downgraded the telecom major's stock to 'equal-weight' from 'overweight'. Morgan Stanley also cut the target price for the stock to Rs 280 from Rs 366 earlier.
Bharti Airtel was accompanied by Sesa Goa, Sterlite Industries, IDFC and PNB on the losing side. Top gainers on the Nifty were Ranbaxy Labs, BPCL, Bank of Baroda, Infosys and Dr Reddys Labs.
Top Headlines of the day
Sources indicate that Tata Sons is looking to hike stake in group companies, reports CNBC-TV18's Kritika Saxena. Now, four-five companies are top most on the agenda. This includes Tata Chemicals, Tata Steel, Indian Hotels and Tata Coffee.
Ranbaxy Laboratories surged over 3% as analysts cited improved sales potential in key US markets.
The Supreme Court will hear final arguments from September 11 in a key patent dispute between Swiss drugmaker Novartis and India's patent office, a case that could curb India's global position as a supplier of cut-price generic medicines.
The hearing, which is expected to last for at least two months, had been scheduled to being on Wednesday.
Vedanta may offer 25% higher price for acquiring stake in Hindustan Zinc and Balco reports PTI. The news will have negative impact on Sterlite Industries and Sesa Goa. Hindustan Zinc may open in green tomorrow.
Indian tour operator Cox & Kings Ltd announced today, Citigroup's venture capital arm will invest USD 137.75 million in its UK unit, sending its shares up 5%.
The funds will be used to retire the debt Prometheon Holdings, Cox & King's UK unit, raised when it bought British specialist travel company Holidaybreak last July.
The Finance Ministry approved foreign direct investment upto 49% in insurance and pension sector. Max India locked 2% gains.
Europe in red
European indices were also trading lower on profit-booking and some caution ahead of the meeting scheduled today between the Greek Prime Minister and Eurogroup Head.
Gold was steady on Wednesday near a 3-1/2 month high hit in the previous session as investors remained hopeful the European Central Bank would soon take action to contain the region's debt crisis.
Source :- MoneyControl.com
Direct Link :- Click Here
Nifty Future Update 22-Aug
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Xpert Nifty
22-Aug
As said yesterday that the trend in up only.. But be cautious 5460 is the resistance.
If Nifty sustain above 5460 then and then only rally is likely to continue, other wise we will see profit booking in rapid speed.
WeB:- www.XpertNifty.in
Tuesday, 21 August 2012
Nifty Future Update 21-Aug
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Xpert Nifty
21-Aug
Still the trend is up and is seen that NF taking support at lower level. If NF break 5230-5260 then trend will become -ve or Down.
Above 5230-60 NF is expected to be strong.
WeB:- www.XpertNifty.in
Friday, 17 August 2012
Nifty Future Update 17-Aug
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Xpert Nifty
17-Aug
---::: FRIDAY :::---
For a Trader Friday is the most IMP day.
Today if Nifty dont able to maintain its 5400 mark then we will see some profit booking till 5353-5320 level.
Still the over all trend is +ve as long as Nifty trades above 5320 level. below 5320 more fall could be seen
Note:- Do not forgot to read the disclosure.
Web:- www.XpertNifty.in
Thursday, 16 August 2012
Nifty Future Update 16-Aug
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Xpert Nifty
16-Aug
Very Nice up trend is likely to continue, NF closing above 5400 mark may give strength and it could touch 5600 mark.
Intraday small resistance is around 5462.
Trend :- up or +ve
Resistance :- 5462
Support :- 5353-5324
Xpert Nifty
PERFORMANCE
1# BUY NF 5215 LTP 5406 = 191 PTS
2# BUY BANK NF 10,494 LTP 10,583 = 89 PTS
WeB:- www.XpertNifty.in
Wednesday, 15 August 2012
Tuesday, 14 August 2012
Nifty Future Update 14-Aug
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Xpert Nifty
14-Aug
Yesterday we have seen NF shown a good bull's power and after 1:00 PM gained over 40 pts.
As we are saying that trend is +ve only as long as its holding 5294 level.
BUT upper side midterm resistance 5395-5403 is still intact. if NF fut try to cross and close above this mark then we will see fresh buying with logical Target of 5598-5630
Intraday Support 5323-5294
Intraday Resistance 5395-5403
**Our Position**
NIFTY we buy 5215,LTP=5370)
BANK NIFTY we sell 10,494, LTP=10,460)
SBIN we sell 2042, LTP=1917)
WeB:- www.XpertNifty.in
Monday, 13 August 2012
Nifty Future Update 13-Aug
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Xpert Nifty
13-Aug
On Friday (10-Aug) we have seen due to breakdown of SBIN banking sector dragged the market down but the good news is NF and BANK Nifty Both have shown a good recovery.
Nifty Fut is looking strong in intraday as long as its maintain 5294 level. Break below this level can drag-down Nifty till 5268-5260.
Intraday Support :- 5294-5268-5260
Intraday Resistance :- 5386-5395
**PAID CALL**
NIFTY we buy 5215 , LTP=5350
BANK Nifty we sell 10,494 , LTP=10,440
SBIN we sell 2042 , LTP=1898
WeB:- www.XpertNifty.in
Friday, 10 August 2012
Wish You a Very Happy Janmashtami
Xpert Nfity
From the Team of Xpert Nifty, We are wishing all our members and viewers a very very happy Janmaashtami.
May da Natkhat Nandlal always give you
many reasones 2 be Happy and
u find peace in Krishne consciousness.
Happy Janmashtami..
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Knahhaiya hamare dulare,
Wahi sabse pyare,
Makhan ke liye jhagad jaye,
Gopiya dekhkar akrshit ho jaye,
Lekin sabke rakhwale,
Tabhi to sabhi ke dulare
Happpppy Janmashtmiiiiiii....
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Maakhan chorr hai aayo,
Yashomati Maiya ka nandlala,
Dharti pe bhagwan ka avataar hai aoyo,
Harne Kans jaise papi ko
Karne kalyan Dharti maa ka..
Sheshnaag ki chatra mein wo hai aayo
Banke Kanha makhan chorr hai aayo
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Thursday, 9 August 2012
Moody's Analytics cuts India's 2012 growth f'cast
Moody's Analytics cut India's growth forecast to 5.5% for this year, citing a lack of government or RBI action despite a broad-based slowdown, as well as a poor monsoon.
The research unit of ratings agency Moody's Investors Service becomes the latest to cut India's growth forecasts this week.
CLSA and Citigroup cut their outlooks for India to 5.4% and 5.5%, respectively, although for the fiscal year ending in March 2013.
Moody's said the slowdown in India's economy "has been sharper and more broad-based than anticipated and is now deeply entrenched across all sectors of the economy," in a note dated August 8.
Despite the slowing growth, Moody's said both the government and the Reserve Bank of India had provided "little policy response."
Moody's added weaker-than-average rainfalls during the monsoon period would also weigh on India's growth. The research unit also cut its 2013 growth forecast to 6 % from 6.2%.
Direct Link:- Click Here
NF Fut 9-Aug
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Xpert Nifty
09-Aug
NF managed to overcome of resistance 5360 now we are moving towards long time resistance 5400.
If NF Close above 5400, then we may see some fresh buying and then logical TG 5605.
Down side support is 5277-5265 Break this level then we may see some fresh short selling...
**Our Holdings
PERFORMANCE
1# BUY NF 5215 LTP 5375 = 160 PTS OR
2# BUY BANK NF 10,480 LTP 10,602 = 122 PTS
3# BUY SBIN 2030 LTP 2072 = 42 PTS
WeB:- www.XpertNifty.in
Wednesday, 8 August 2012
NF Fut 8-Aug
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Xpert Nifty
8-Aug
3rd consecutive day Nifty rallied up side. Looking at above chat if today NF sustain above 5366 then and then only this rally will continue. IF NF Fails to sustain then we see some profit booking in intraday market.
Over all its strong up trend but 5194 is the key support if break then market will fall more.
**All our Paid client hold long NF Fut from 5215 LTP 5346 = 131 Points gain
WeB:- www.XpertNifty.in
Tuesday, 7 August 2012
NF Fut 7-Aug
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Xpert Nifty
7-Aug
NF is strongly maintaining above the support expecting more up to be seen in coming days.
Said about +ve breakout 5360-70 is the next logican TG.
**All our paid client hold long NF Fut from 5215 our TG 1 = 5315.
**Join now Visit www.XpertNifty.in/subscription
Monday, 6 August 2012
NF 06-Aug ( LIVE MARKET UPDATE )
Xpert Nifty
06-Aug
Live market update for SBIN, trading near 2034
BUY above 2050 TG 2104
SELL below 2050 TG 2000
Nifty Future
Successful Breakout at +ve side given, now a small resistance near 5305 area.
above 5400>>5625-5866-6008
**All Our Paid client hold long position from 5215 CMP 5292 Gain 77 pts as of now.
**As always my paid client always make money.
WeB:- www.XpertNifty.in
Saturday, 4 August 2012
Invest now to make best of next bull market: Experts
Even now, the case is not too strong for investors to dip their toes in equities. The global economy is sagging, the eurozone is close to a break up and even the US economy is bucking under pressure. The situation is not all hunky-dory back home either. Interest rates are at an all time high, and yet inflation continues to rear its ugly head. The rupee has depreciated by a huge margin, the fiscal health of the country is worrying and faith in the government has almost vanished due to their inaction on the policy front.
The silver lining in all of this is that things can improve from here going forward. It is said that the stock market bottoms out a few months before the economy does. We have already had a bottoming out in equities, so this might just be the worst for the economy.
Speaking at CNBC-TV18’s Investor Camp, managing editor Udayan Mukherjee says that investors should look at the market for cues, not the negative headlines glaring at us from newspapers. Despite all the negative sentiment, the Sensex is still around 17,000 levels, bluechip stocks have rallied around 25-40% in this year itself. He persuades investors to look to the screen for cues, because it is now time to build one’s portfolio.
Valuation Worries
During the period from 2003-2008, Indian equities saw a strong bull market, which took stock prices to new highs. Soon enough, investors started getting worried that the Indian market was overvalued, and thus a not so good investment.
This time round, however, things are different. Sandeep Shah of Sampriti Capital points out that the Indian market is undervalued from even a five year perspective, and therefore it is a good time to step into the market. There may a few bumps here and there, but he asks investors to stay strong because there is a chance for strong gains in the future.
Shah predicts a risk-on trade in the market. He explains that there will soon be a surge in liquidity, which will remove the risk aversion that is present currently. It won’t be a runaway bull market, but things will start improving steadily from here on.
He also says that Indian macros will be relatively better this year, and therefore it is time to focus on the positives instead of all the bad news.
His advice is to bet on the consumer goods space, because he sees a strong bull market phase coming up. However, he warns that infrastructure and consumer goods companies may see more risk because of their dependence on government reforms.
All in all, the view is that the tides are turning, and this is the best time to step in and enjoy good returns.
Friday, 3 August 2012
NF Fut 03-Aug
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Xpert Nifty
03-Aug
---:::FRIDAY:::---
Friday is the most adventurous day for traders as it gives good movement with huge chance to earn money.
Consolidation is killing the volatility and interest of retail investor.
No clear indication from chart however still NF has resistance 5270-80
support is at around 5179
NO TREND NO TRADE
WeB;- www.XpertNifty.in
Thursday, 2 August 2012
NF Fut 02-Aug
Xpert Nifty
02-Aug
NF is trying to make base. as long as NF Fut dont break and close 5000 mark then the short team trend will remain range bound to +ve.
Above 5400 NF will be attractive for the TG of 5600-5800-6000
Intraday 5270-5280 is small resistance area if NF manages to cross and sustain then 5300-5342
Regards,
Team XN
Wednesday, 1 August 2012
NF Fut 1-Aug
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Xpert Nifty
1-Aug
As expected yesterday RBI policy gave no surprise to the market, still we have seen some buying in the afternoon session.
Technically there is no clear trend in the market as NF trading in the range of 5000-5400, any side break and close will lead the trend.
**Just look at the average line in the chart its flate since last 14-16 days.
Abv :- 5400>> 5580-5805-6032
Blw :- 5000>> 4828-4676-4340
Intraday we may see some more +ve rally till 5300-5350 mark.
WeB:- www.XpertNifty.in
Tuesday, 31 July 2012
RBI keeps policy rates unchanged, SLR cut to 23%
The Reserve Bank of India (RBI) in its April-June quarter monetary
policy on Tuesday left the key policy rates unchanged. However, it has
cut the statuitory liquidity ratio (SLR) to 23% from 24% earlier. This
policy action was by and large in-line with CNBC-TV18 poll. Now, the
repo rate or the rate at which banks borrow from RBI remained at 8%
while the reverse repo rate at which, the banks lend to RBI at 7%.
SLR is the percentage of total deposits that lenders need to invest in
the government bonds. The reduction is aimed at ensuring free flow of
credit growth through enough liquidity in the system.
Cash Reserve Ratio or CRR is the portion of total deposits that banks are required to keep with the central bank also remained unchanged.
Meanwhile, the central bank raised the baseline projection of WPI based inflation to 7% for March, 2013 as against the earlier projection of 6.50%.
"The deficient and uneven monsoon performance so far will have an adverse impact on food inflation. Notwithstanding some moderation, international crude oil prices remain elevated. This, coupled with the pass-through of rupee depreciation to import prices, continues to put upward pressure on domestic fuel price inflation," RBI said in the first quarter review of the credit policy 2012-13.
Interestingly, India is ranked lowest in rating among all BRIC countries. In its macroeconomic policy, RBI alerted the government of the need to revive investment climate. This can be done through policy actions like removal of bottlenecks in infrastructure sector, liberal foreign direct investment norms and so on.
After a gap of nearly three years, RBI had cut policy rates in annual monetary policy announced on April 17 by 50 bps.
Cash Reserve Ratio or CRR is the portion of total deposits that banks are required to keep with the central bank also remained unchanged.
Meanwhile, the central bank raised the baseline projection of WPI based inflation to 7% for March, 2013 as against the earlier projection of 6.50%.
"The deficient and uneven monsoon performance so far will have an adverse impact on food inflation. Notwithstanding some moderation, international crude oil prices remain elevated. This, coupled with the pass-through of rupee depreciation to import prices, continues to put upward pressure on domestic fuel price inflation," RBI said in the first quarter review of the credit policy 2012-13.
Interestingly, India is ranked lowest in rating among all BRIC countries. In its macroeconomic policy, RBI alerted the government of the need to revive investment climate. This can be done through policy actions like removal of bottlenecks in infrastructure sector, liberal foreign direct investment norms and so on.
After a gap of nearly three years, RBI had cut policy rates in annual monetary policy announced on April 17 by 50 bps.
NF Fut 31-July
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Xpert Nifty
31-July
--:: Live Market Update :::--
NF Fut open near 5232 just above our support level of 5228.
Today RBI will announce the next policy near 11:00 AM. Be careful.
Just to remind you that few days back we have updates a source report of Bankers Poll for today RBI policy. If you dont remember then CLICK HERE to review it again.
No heavy change in RBI policy is expected today, Still lets wait & watch.
Upper Side Resistance 5266-5312
Lower Side support 5205-5171
Regards,
Team XN
Monday, 30 July 2012
NF Fut 30-July
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Xpert Nifty
30-July
Market is maintain its Volatility but giving some expected move of 20~30 points.
However still some short swings is seen in the Nifty which is good for intraday + positional trader.
Intraday Resistance 5170-5205-5228
Lower Side support 5092-30
WeB:- www.XpertNifty.in
Sunday, 29 July 2012
RBI unlikely to cut rates, watch out for GDP forecast: Poll
The RBI Governor, Subbarao has repeated often
enough that he is uncomfortable with consumer prices rising 10% and
whole sale price inflation at over 7%. The market is now convinced RBI
is out to keep interest rates high and money expensive till prices fall.
Hence, 90% of the respondents in the CNBC-TV18 poll said that they
don’t expect RBI to cut interest rates in its policy next Tuesday.
Again, an overwhelming 90% said no CRR cuts either but the market will watch for more than just rate action. It will watch for the RBI’s GDP forecast. The prevailing forecast given in the April policy is 7.3%. After the 5.3% shocker for the Q4 of last year GDP forecast and confidence have fallen thick and fast.
Of the total, 90% respondents said, RBI will lower its forecast. Of these one half said GDP forecast will be lowered to between 6.6% and 7.2%. The other half said, it will be lowered to between 6% and 6.5%. 10% said RBI will retain it at 7.3% but warned it will lower the number in October after taking stock of the monsoons.
When asked about their own forecast, 75% expect GDP to come in at 6-6.5%. 15% see it above 6.5% and 10% actually said GDP will come in below 6% that is five point something. If that happens, it will be for the first time since 2002.
So, why won’t the RBI cut rates despite such dismal growth forecasts?
The answer lies in the inflation forecasts.
While a majority of 55% said the RBI will leave the March end inflation forecast unchanged at 6.5%, 45% said RBI will raise the forecast. Of this 25% said the inflation forecast will be upped to 6.5-7% and other 20% said it will be raise above 7%.
Respondents themselves were more skeptical of inflation falling. 50% saw March end inflation above 7%, 40% saw it between 6.5% and 7% and just 10% saw it at 6.5% or lower.
Inline with the lower growth forecasts 40% said RBI will lower the bank loan growth forecast from the current 17%. 60% said RBI won’t change these numbers till the October policy.
Finally, the market will watch out for RBIs stance, its guidance. 60% said the guidance will not be different from the June policy where RBI warned of inflation and explained the unimportance of interest rates to the current slowdown. 40% said no, the RBI will soften its stance and guide that it will stand ready to help.
Samiran Chakrabarty, Chief Economist, Standard Chartered says, “I would like to believe that their guidance is what they will follow and if I follow their guidance then it looks to me that there should not be any rate cut on Tuesday. It seems that RBI has taken a stance that interest rate is not the reason why growth is slowing down so interest rate cut is also not going to revive growth. At the same time it might reignite the fears of inflation.
We have taken a call that this is going to be a pretty long halt for the Central Bank where if they really want to get into a situation where inflation comes down to their comfort level of 5-6% then they will have to be patient, you cannot possibly flip-flop on policy every three months changing your target, changing your assumptions.”
Manish Wadhawan, HSBC, however, does not seem to agree. According to him, “I would be in the minority camp and I would say given the push which is being talked about by the government and the way the things are panning out I expect that RBI might surprise with a 25 basis point cut this time.
If you see the market levels also, we have already seen the market started factoring in some kind of policy easing in terms of if you see the CD rates three months back and today where we are, they are down by something by 50-75 basis point. The government of India bond yields 10 year paper is down by something like 30-40 basis points from the peak it achieved in January-February.
The markets already to some extent factoring in that and I am also putting in one more factor which is the doubt situation which is still uncertain. I think putting all the pieces together there is a probability of a rate cut and RBI might surprise in that.”
Again, an overwhelming 90% said no CRR cuts either but the market will watch for more than just rate action. It will watch for the RBI’s GDP forecast. The prevailing forecast given in the April policy is 7.3%. After the 5.3% shocker for the Q4 of last year GDP forecast and confidence have fallen thick and fast.
Of the total, 90% respondents said, RBI will lower its forecast. Of these one half said GDP forecast will be lowered to between 6.6% and 7.2%. The other half said, it will be lowered to between 6% and 6.5%. 10% said RBI will retain it at 7.3% but warned it will lower the number in October after taking stock of the monsoons.
When asked about their own forecast, 75% expect GDP to come in at 6-6.5%. 15% see it above 6.5% and 10% actually said GDP will come in below 6% that is five point something. If that happens, it will be for the first time since 2002.
So, why won’t the RBI cut rates despite such dismal growth forecasts?
The answer lies in the inflation forecasts.
While a majority of 55% said the RBI will leave the March end inflation forecast unchanged at 6.5%, 45% said RBI will raise the forecast. Of this 25% said the inflation forecast will be upped to 6.5-7% and other 20% said it will be raise above 7%.
Respondents themselves were more skeptical of inflation falling. 50% saw March end inflation above 7%, 40% saw it between 6.5% and 7% and just 10% saw it at 6.5% or lower.
Inline with the lower growth forecasts 40% said RBI will lower the bank loan growth forecast from the current 17%. 60% said RBI won’t change these numbers till the October policy.
Finally, the market will watch out for RBIs stance, its guidance. 60% said the guidance will not be different from the June policy where RBI warned of inflation and explained the unimportance of interest rates to the current slowdown. 40% said no, the RBI will soften its stance and guide that it will stand ready to help.
Samiran Chakrabarty, Chief Economist, Standard Chartered says, “I would like to believe that their guidance is what they will follow and if I follow their guidance then it looks to me that there should not be any rate cut on Tuesday. It seems that RBI has taken a stance that interest rate is not the reason why growth is slowing down so interest rate cut is also not going to revive growth. At the same time it might reignite the fears of inflation.
We have taken a call that this is going to be a pretty long halt for the Central Bank where if they really want to get into a situation where inflation comes down to their comfort level of 5-6% then they will have to be patient, you cannot possibly flip-flop on policy every three months changing your target, changing your assumptions.”
Manish Wadhawan, HSBC, however, does not seem to agree. According to him, “I would be in the minority camp and I would say given the push which is being talked about by the government and the way the things are panning out I expect that RBI might surprise with a 25 basis point cut this time.
If you see the market levels also, we have already seen the market started factoring in some kind of policy easing in terms of if you see the CD rates three months back and today where we are, they are down by something by 50-75 basis point. The government of India bond yields 10 year paper is down by something like 30-40 basis points from the peak it achieved in January-February.
The markets already to some extent factoring in that and I am also putting in one more factor which is the doubt situation which is still uncertain. I think putting all the pieces together there is a probability of a rate cut and RBI might surprise in that.”
Friday, 27 July 2012
European Unemployment Rate Rises to Highest in Almost 15 Years
European Unemployment Rate Rises to Highest in Almost 15 Years
Euro-region unemployment rose to the highest in almost 15 years and manufacturing contracted for a ninth month, adding to signs the economy continues to weaken.
The jobless rate in the 17-nation euro area increased to 10.9 percent in March from 10.8 percent in February, the European Union’s statistics office in Luxembourg said today. That’s the highest since April 1997, when the rate reached a record high, according to Bloomberg News data going back to 1990. A manufacturing gauge in the region fell to 45.9 in April from 47.7 in March, Markit Economics said.
The euro-area jobless rate in March matched the median forecast of 31 economists in a Bloomberg survey. The number of people out of work in the region rose by 169,000 from February to 17.4 million.
In the 27-nation European Union, the unemployment rate was 10.2 percent in March, unchanged from the previous month and up from 9.4 percent in March 2011.
Spain had the region’s highest unemployment rate in March, at 24.1 percent, with Greece at 21.7 percent, the report showed. The lowest rates were in Austria and the Netherlands, at 4 percent and 5 percent respectively.
To contact the reporter on this story: Fergal O’Brien in London at fobrien@bloomberg.net
To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net
** Source ::- Bloomberg.net
** Direct Link ::- Click Here
NF Fut 27-July
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Xpert Nifty
27-July
As expected Nifty gave free fall yesterday. How ever it looks like NF will take support of 5030.
Upside it can move till 5132-5160-5181
If NF fut close or sustain above 5181 then the +ve rally will continue till 5270-5330.
We are expecting a huge volatility in AUG series futures followed by 2 days holiday on 15-Aug & 20-Aug.
Support :- 5030-4962
Resistance :- 5132-60-81
Web:- www.XpertNifty.in
Thursday, 26 July 2012
NF Fut 26-July
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Xpert Nifty
26-July
--::: Thursday :::--
Looking at current trading style, today cant expect huge volatility.
Technically trend is -ve or down BUT 5070 is the support. If NF Fut July Holds this level then we may see some short covering till 5163.
Just watch carefully 5070-5035, at current level this are the strong support.
Keeping Sl 5300 to your long.
**Paid client position
1# Nifty Fut short open from 5260, Partial Booked 5160
2# Bank Nifty short open from 10,600, Partial Booked 10,300
3# SBIN short open from 2190, Partial Booked 2115
WeB:- www.XpertNifty.in
Wednesday, 25 July 2012
NF Fut 25-July
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25-July
Yesterday we have seen a narrow range bound day, But just look at the volume.
Volume is equal to regular day, which indicates some serious move could be seen in few days.
all our paid client holding short position from 5260 (19-July)
Over All trend is -ve or down. every rise could be utilize to clear long position and enter fresh short position.
Just watch carefully 5090-5035, at current level this are the strong support.
Keeping Sl 5300 to your long.
**Paid client position
1# Nifty Fut short open from 5260, Partial Booked 5160
2# Bank Nifty short open from 10,600, Partial Booked 10,300
3# SBIN short open from 2190, Partial Booked 2115
WeB:- www.XpertNifty.in
Tuesday, 24 July 2012
NF Fut 24-July
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Xpert Nifty
24-July
As expected market is coming down side. all our paid client holding short position from 5260 (19-July)
Over All trend is -ve or down. every rise could be utilize to clear long position and enter fresh short position.
Just watch carefully 5090-5035, at current level this are the strong support.
**Paid client position
1# Nifty Fut short open from 5260, Partial Booked 5160
2# Bank Nifty short open from 10,600, Partial Booked 10,300
3# SBIN short open from 2190, Partial Booked 2115
WeB:- www.XpertNifty.in
Friday, 20 July 2012
Nf Fut 20-July
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Xpert Nifty
20-July
--::: Friday :::--
**Consolidation is at its edge. anytime breakout is expected now its time to come for some new trend to come.
**Once in a 6 to 9 months consolidation could be seen in the market, who ever consolidation is time to add/remove stock from your portfolio.
**Evert expert always know when to enter in the market and when to exit.
**Some active will be seen soon.
Get ready for making trades new trend is likely to come within 3~4 days (i.e. till 25-July)
Intraday is now a good way to trade position trading req. lots of knowledge.
WeB:- www.XpertNifty.in
Wednesday, 18 July 2012
NF Fut 18-July
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Xpert Nifty
18-July
NF Fut has break 5200 level 2 time but some serprise buying is seen still so sign of strong trend.
Below 5200 NF Fut can come till 5105-4995
For intraday 5177 is the support watch it closely.
WeB:- www.XpertNifty.in
Tuesday, 17 July 2012
NF Fut 17-July
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Xpert Nifty
17-July
5200 Could be the next lower range of this consolidation.
technically market is in narrow range consolidation.
Today if NF Fut sustain below 5200 and close then we may see 5000 soon. Traders are avoiding trading hence the result low volume.
WeB:- www.Xpertnifty.in
Monday, 16 July 2012
NF Fut 16-July
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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
Friday, 13 July 2012
NF Fut 13-July
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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
Thursday, 12 July 2012
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.
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.
Tuesday, 10 July 2012
NF Fut 10-July
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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
Monday, 9 July 2012
NF Fut 09-July
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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
Friday, 6 July 2012
NF Fut 06-July
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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
Thursday, 5 July 2012
NF Fut 05-July
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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
Wednesday, 4 July 2012
NF Fut 04 - July
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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
Tuesday, 3 July 2012
NF Fut 03-July
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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
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