Market Forecast
- Thread starter koshyssj
- Start date
Market Forecast for 28.06.07
The market conditions are very unfavourable to ordinary investors. but the bulls have enough strength to overcome each downfall attack. i still view that stock specific manipulation going on in some counters are not good for a healthy market. today, being the expiry day for the F & O contracts, a highly volatile session is expected. If the market closes above 4300+, one can look forward for a new high in the coming days.
Today, market will open flat attached with high volatility and mixed bias and remain long above 4270 with SL 4245 for a tgt of 4291-4302. If it breaks and sustain below 4275 keep short with SL 4289 for tgt 4254-4231. Be careful with the positions. it's still not safe to take fresh longs at higher levels now..Also, it can be noted that stock specific manipulation is going on in the market and be careful not to get trapped in such stocks.Please adopt wait, watch, trade and exit policy....
The market conditions are very unfavourable to ordinary investors. but the bulls have enough strength to overcome each downfall attack. i still view that stock specific manipulation going on in some counters are not good for a healthy market. today, being the expiry day for the F & O contracts, a highly volatile session is expected. If the market closes above 4300+, one can look forward for a new high in the coming days.
Today, market will open flat attached with high volatility and mixed bias and remain long above 4270 with SL 4245 for a tgt of 4291-4302. If it breaks and sustain below 4275 keep short with SL 4289 for tgt 4254-4231. Be careful with the positions. it's still not safe to take fresh longs at higher levels now..Also, it can be noted that stock specific manipulation is going on in the market and be careful not to get trapped in such stocks.Please adopt wait, watch, trade and exit policy....
Market Forecast for 29.06.07
The F & O Rollover went smoothly yesterday without much volatility. But now, it is becoming more clear that one should be very cautious while trading because the market is likely to correct in the coming days upto 4085. if it stays above 4241, there is nothing to panic.
Today, market will open flat or positive attached with volatility and mixed bias and remain long above 4280 with SL 4265 for a tgt of 4302-4312. If it breaks and sustain below 4275 keep short with SL 4289 for tgt 4261-4241. Be careful with the positions. it's still not safe to take fresh longs at higher levels now..Also, it can be noted that stock specific manipulation is going on in the market and be careful not to get trapped in such stocks.Please adopt wait, watch, trade and exit policy.....
The F & O Rollover went smoothly yesterday without much volatility. But now, it is becoming more clear that one should be very cautious while trading because the market is likely to correct in the coming days upto 4085. if it stays above 4241, there is nothing to panic.
Today, market will open flat or positive attached with volatility and mixed bias and remain long above 4280 with SL 4265 for a tgt of 4302-4312. If it breaks and sustain below 4275 keep short with SL 4289 for tgt 4261-4241. Be careful with the positions. it's still not safe to take fresh longs at higher levels now..Also, it can be noted that stock specific manipulation is going on in the market and be careful not to get trapped in such stocks.Please adopt wait, watch, trade and exit policy.....
Market Forecast for 02.07.07
Market witnessed a fresh rally and a close above 4300 shows that the bulls are ery much in hold of the situation. But as i am telling, please be cautious at the higher levels.
Tomorrow, market will open flat or positive attached with volatility and mixed bias and remain long above 4312 with SL 4295 for a tgt of 4335-4352. If it breaks and sustain below 4300 keep short with SL 4315 for tgt 4287-4270. Be careful with the positions. it's still not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............
Market witnessed a fresh rally and a close above 4300 shows that the bulls are ery much in hold of the situation. But as i am telling, please be cautious at the higher levels.
Tomorrow, market will open flat or positive attached with volatility and mixed bias and remain long above 4312 with SL 4295 for a tgt of 4335-4352. If it breaks and sustain below 4300 keep short with SL 4315 for tgt 4287-4270. Be careful with the positions. it's still not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............
Market Forecast for 03.07.07
Market again witnessed selling at higher levels and for the time being, the market will be in a rangebound mode and a fresh upward rally may resume after a short break. The bulls are having their final say now and the bears may try to break the rule today.. so be extra cautious in the market.
Today, market will open flat or negative attached with volatility and mixed bias and remain long above 4322 with SL 4301 for a tgt of 4342-4352. If it breaks and sustain below 4315 keep short with SL 4330 for tgt 4298-4278. Be careful with the positions. it's not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............
Market again witnessed selling at higher levels and for the time being, the market will be in a rangebound mode and a fresh upward rally may resume after a short break. The bulls are having their final say now and the bears may try to break the rule today.. so be extra cautious in the market.
Today, market will open flat or negative attached with volatility and mixed bias and remain long above 4322 with SL 4301 for a tgt of 4342-4352. If it breaks and sustain below 4315 keep short with SL 4330 for tgt 4298-4278. Be careful with the positions. it's not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............
Market Forecast for 04.07.07
Markets witnessed a good rally yesterday and both sensex and nifty closed in their highs. Now, if the market closes below 4305 at any day from now on, expect a correction to set in. its time for overy one to be extra cautious and use dips to buy..
Today, market will open flat or positive and remain long above 4352 with SL 4338 for a tgt of 4378-4395. If it breaks and sustain below 4345 keep short with SL 4365 for tgt 4325-4289. Be careful with the positions. it's not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............
Markets witnessed a good rally yesterday and both sensex and nifty closed in their highs. Now, if the market closes below 4305 at any day from now on, expect a correction to set in. its time for overy one to be extra cautious and use dips to buy..
Today, market will open flat or positive and remain long above 4352 with SL 4338 for a tgt of 4378-4395. If it breaks and sustain below 4345 keep short with SL 4365 for tgt 4325-4289. Be careful with the positions. it's not safe to take fresh longs at higher levels now. Traders, trade intraday and mint money............
Market Forecast for 05.07.07
The bulls and bears had their fight all day long and at the end of the day, the bulls won the battle for the day. Now the bulls will fight for a close above 4385+ to take the market to new highs above 4500+. The markets will consolidate in the coming days due to profit booking at higher levels and rising inflation.
Today, market will open flat or positive and remain long above 4362 with SL 4345 for a tgt of 4385-4399. If it breaks and sustain below 4354 keep short with SL 4370 for tgt 4335-4312. Be careful with the positions. it's not safe to take fresh longs at higher levels now.
The bulls and bears had their fight all day long and at the end of the day, the bulls won the battle for the day. Now the bulls will fight for a close above 4385+ to take the market to new highs above 4500+. The markets will consolidate in the coming days due to profit booking at higher levels and rising inflation.
Today, market will open flat or positive and remain long above 4362 with SL 4345 for a tgt of 4385-4399. If it breaks and sustain below 4354 keep short with SL 4370 for tgt 4335-4312. Be careful with the positions. it's not safe to take fresh longs at higher levels now.
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