Market today

Market looking to open with negative bias again lack of buying support by investor still waiting and selective buying ,yesterday as i written here selling still continue in buying so no need to panic buying in market now ,retail stocks down panic due to protest against FDI approval cabinet,sugar stock also plunge on news of heavy crop production in Thailand ,metals and reality stock join downtrend continuously .

Bse index down 160 points and nifty down almost 50 point close around 5815 .

Market today

Market looking to open downtrend nifty again get support around 4630 level its crucial support fot today ,in my view trader can buy nifty around this level for target of 4700 with stoploss of 4590 .

Investor dont goon panic buying or selling stay away from market ,market looking weak for coming days so be calmand watch now this is time for long term investor to do some homework and select some stock of his choice and writedown and watch closly there behaviour ,also read or view comment on these scrip .
Nifty expiry looking to around 4700 level so trader make their position in option of 4700 target but always keep stoploss to avoid heavy loss.

Cyrus p.mistry son of shapoorji pallon ji mistry biggest holder in tata sons elected as TATA SONS chairman after RATAN TATA after dec.2012.

FDI FLOW IN MAY2011

Government stated that in may2011 FDI inflows saw a whopping 111% increase at $4.66 billion, the second highest monthly inflows in 11 years,showing confidence of investor in the Indian economy.last year at same month total FDI investment was $2.20billion.
Where April may FDI investment also jump by almost 75% against last fiscal year at same period ,at end of 2010 FDI investment dip due to pulling out money from India making cause of concern but some deal and acquisition beck confidence in global investor in India also government also looking to more relaxation fore global investor in different sector likely soon
Such some important deal like bp-relaince and posco to vedanta in cairn india increase FDI  investment also make positive enviorment for global investor

Seems a confidence rebuilding in global investor in India growth story and government steps .UBS also upgrade India outlook show global investor eyeing in India again.