Indian Stock Market Calls

Download Both Fibonacci and Pivot Point Calculators Here. Useful one for day trading and guessing the fibonacci retracement levels.

Intresting Book to read Reminiscences of a Stock operator by Edwin LeFevre The Sun Dial Press

Here is a PDF File for Financial Markets: A Beginners’ Module Download it anda must read to know about indian stock market

 Regards,

Rajandran R

Here is the list of calls that we updated you from last month to till date.

To Download Performance Report Click here

Please have a track on all these calls. Also to get all these calls on your mobile

subscibe to our free MOBILE ALERT service - MarketBits. OR just sms JOIN MARKETBITSto 567673434 to receive these stock calls and market alerts 

For Any Queries plese feel free to write to rajandran@gmail.com

Regards,

Rajandran R

Nifty Movement Analysis:

Our Market is expected to open on a weak note despite global sentiment. But this sentiment wont

last long as Positive sentiment overtakes negative sentiment in market movement little bit.

Weakness may prevail on Monday and Thursday.

Negative Sentiment:

- 50Bps CRR Hike from RBI in two phases which is negative for banking & realty stocks

- Short Selling to be start from APR 21st onwards

- Crude Oil inches to new record high at 116$/barrel

- Nifty is nearing expiry on 24th April

Positive Sentiment:

- Yen weakens agains dollar and currently trading at 103.68/dollar. So No fresh huge selling from

  FII Investors if not buying.

- FII Investors turned as Net Buyers in last two trading sessions (16,17th APR).

- Surge in I.T PacK as Good results are posted so far

- Reliance and Reliance Pack and Capital Goods will move as the results are ahead will sure act as a catalyst to our market

- US Market rallied last friday as Internet Major Google Poster Strong Q1 numbers. So Asian markets may open with a good positive note.

- Inflation eases a bit to 7.14% vs 7.4% last week.

Nifty Trading Strategy:Nifty 3 Months ChartAs RBI announces CRR rate hike .So by default our market is expected to open in red. Nifty traders are recommended

profits. Keep a stop loss at 4778 and go for May Call Options. Be cautious on 24th April as expriy is nearing any negative

sentiment may turn the market down. Nifty currently facing strong resistance at 4987 if this resistance break then a sure

target of 5050 and 5200.

For Investors :

It is right time to enter into stocks as the result expected are more better than the worse. So surely we are head to move upwards

Due to RBI’s CRR hike may the market turns volatile Its a great chance to enter. Strong Support come at 4750-4780 level as

nifty consolidates at this level. So every fall is a buying poing. Investors are recommended to stay away from Banking Stocks.

Currently IT stock looks for medium term buy.

also visit to check Last week nifty supports and resistance

Regards,

Rajandran R