wednesday, October 29, 2008
AFTER MUHURAT TRADING -SAMVAT 2065 -WHAT?
Samvat 2065- Muhurat Trading at NSE closed with 160.40(rose 6.35 %) points up at 2684.This one hour trading wonder does not mean anything either to the investors or to the traders who lost tons and fell prey due to gap up opening as well as gap down opening over past weeks/months/ days. Therefore muhurat trading day has also been one another day reflecting lack depth in the market.
Global stock markets need new tools . In the current global financial system traditional techniques,tools and approach have outlived its content and utility. A completely fresh approach to the subject is called for.
My blog shall address the subject of trading /investment in the Indian stock market in a non conventional ways of avoiding complicated stock market jargons . Many supports and resistance levels have fallen in the past one year like nine pins.
Guys watch out for the following the two critical levels as your trading atlas points at NS E stock Index-2090–2720.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_ingr_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_ingr_2.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-inr-small.gif)
24 Comments
October 29, 2008 at 11:47 am
Hey is it good time to buy steel shares?
October 30, 2008 at 1:15 pm
Cairn India has come out with decent September quarter numbers .The positive outlook mapped out by the management encouraged me to say that one should accumulate this great potential scrip.
Indian public owns 32.25% of the capital.FIIs holding is 9.40%.After touching a 52 week high of rs.343 and a low of rs.88 it is now trading around rs.115.
Levels to watch out:67-95-127
5 trading closes above rs.127 will take the scrip to newer levels.
October 30, 2008 at 2:47 pm
Hey i completely agree that cairn India is a potential accumulation scrip with te target of over rs.190 in six months
October 30, 2008 at 4:28 pm
Watch out the following levels for NIFTY traders for
NOVEMBER INDEX FUTURES :Top to bottom
2828-2761.2683-2563-2483-2442
October 31, 2008 at 1:25 am
I have suggested few NIFTY trading levels.Many queries I have received on how to trade on these levels? Folks follow minus sauda if the market price breaks down the levels suggested and go for plus sauda if the market price breaks up
the suggested levels.
October 31, 2008 at 1:40 am
can you help me in suggesting only one trading point in NIFTY
November Futures trade.?I am a hardcore trader and speculator.I liked your views on Muhurat trading and what?
October 31, 2008 at 1:49 am
Keep 2680 as your base point of sauda for NSE November Future
October 31, 2008 at 1:52 am
Could you suggest some cash shares to buy now with a long term point view?I don’t mind where the Index and Indian Stock market is headed for?
October 31, 2008 at 1:58 am
Give me your views on TISCO and ICICI bank ? Can I buy these shares?
October 31, 2008 at 5:13 am
The level of 3133 is very crucial for nifty November futures traders.I think November Future trade may be much more volatile than in the past.
October 31, 2008 at 8:38 am
watch closely for a good bet in Cairn India,Exide and Nalco.
October 31, 2008 at 1:14 pm
Nifty November futures’ upward journey which began from 2558 may likely to hit 3133.watch out trading signal at 2828
November 3, 2008 at 3:34 am
Deepavali fireworks to continue on the Dalal Street. Weekend ,Positive steps taken by the RBI and the foregone result of
Barack obama’s march towards White House next week would add more glitter to our Stock markets this week.Keep your eagles eye on Reliance Industries,Cairn India, Divis lab,Hindalco and Rcom
November 3, 2008 at 3:40 am
day traders should keep 3133 (NSE) as the trading base for todays trade.Gap up opening of more than 90 points in Nse cannot be ruled out.
November 3, 2008 at 2:09 pm
I should congratulate you for recommending cairn India at the right time and at the right price.Should I keep it or sell it Please give your recommendations
November 3, 2008 at 2:11 pm
Can I buy Reliance Industries at around Rs.1400/?
November 3, 2008 at 2:19 pm
Since you are in profit zone and here i would advise you to keep Rs.125/as your trialling profit stop loss.Recommended mode of trend for this share is buy and sell .Refer to my earlier recommended trading band for cairn India.
November 3, 2008 at 2:32 pm
Guys take CAIRN INDIA as your deepavali gift.Expected target by next deepavali Rs.260/
November 4, 2008 at 2:14 am
NSE Tisco NOVEMBER future traders watch out the the following levels and shift your sauda accordingly.Market price breaking up and down the recommended trading levels be adjusted with your plus and minus shifts in closing and opening your trades accordingly.
Trading levels
264
247
243
234
Critical
Trading base 217
202.50
187.50
183
172
157.60
*closing price as on3/11/08 —Rs.225.60/
November 4, 2008 at 2:19 am
With 187 as trading base watch out PUNJloyd for this week.
November 4, 2008 at 4:05 pm
Will US election results bring cheer to Indian Stock market?
This is the question nifty bears are asking now. But the Market technical smells a positive bias to continue beyond 3216-3255-3313
November 4, 2008 at 4:11 pm
Northward journey in Reliance cannot be ruled out.
keep 1441 as your trading base for November futures sauda.
Critical levels to watch out 1375- 1457-1483-1511
November 4, 2008 at 4:18 pm
Expect fire works in GMR INFRA.
Levels to watch out
critical
55.20
59.60 — 64 —– 69.70 —– 74.80
November 10, 2008 at 10:46 am
Should I buy Jp industry now ?
Comments are closed.