market today

Market liely to open with positive due to sharp decline during last few days and sensex below 16000 levels so we have sen support arounfd 4800 level on nifty.
Stock specific activity likel to seen in banking and metal sector ,hot favourite stock like idfc,jswsteel and state bank of india ,we seen some short covering occured in these stock if idfc cross level 120 where jsw seeing support around 600 level as it cross 660 it may go to 700 level in 3-4 trading session .
fresh trader advised to book profit at each 5 % rise in stocks.
eurozone likely to be in crisis deeply and more pain ahead long term investor wait for 4500 levels in nifty thereafter fresh buying may come partially and investment in large cap stock gave more then 20 % profit in one year senerio.

Market today

Today market may open with positiv bias as global cues and sgx nifty trading a jump of 60 point ,today may trigger for market is infosys result which dicied where to market gone after 10 am .
google inc. result announce after market in US market beating street expectation so again a positive opening may seen in NASDAQ & DOWJONES.
Trader are advised to avoid long position sell at around 5380 level with target of nifty is 5000 coming week ,result session is coming .

Has the market bottemed out

Market gained more then 300 point on nifty last week ,some facts related to international stock market recovery and also support in Indian stock market push sensex higher ,later on short covered pull market at upward movement .
Now does Indian stock market bottomed out or still wait for investor for buying stocks ,does it right time now making confusion about it ,before making decision some reason i make clear here what scenario looking ahead for Indian stock market .
Fall in inflation a concern of spurt seen in banking stock which are already fallen since 4-6 month and trading near 52 week low ,burden of rising interest rate make worry of higher NPA and liquidity crisis to achieve growth targets ,now market looking rate cut by RBI expected due to lowering inflation .still i feel hurry to say inflation still control and later it will down more.
My view coming 2-3 month must watching time for investor not to take long position now ,just make their profit if they buy already at down market to cash it if market upward,wait for fresh position at higher level specially near 5100 level as market not looking to cross 5400 incoming months.
Buy some stock with good fundamental and good management stock when nifty around 4700 levels .
International scenario still looking pain ahead as earlier step for euro zone to pump liquidity in system because as news come for some relief commodity price make new high still crude trading around 100$ ,i don't think any upward or growth factor work in coming time for internationally,even it make more pain for country like china ,India and south Asian economy .

Market today

Today indian stock market is very volatile trade stocks moov and down wherever nifty mooving between 5000 and 5070 and close at 5080 same as previous close ,nifty close at 50 point premium from spot.
BSE sensex close down almost 106 point down and close at 16775.
major gainer are pantaloon ,jet airways and jubilent food where losers are sintex ,mundra port ,mphasis and educomp.

sectorial indices

BANK NIFTY     9,061.55      -24.15        -0.27 %
CNX AUTO       3,675.35        -2.90        -0.08 %
CNX ENERGY    7,898.00      -86.20        -1.08 %
CNX FMCG      10,646.10       46.70         0.44 %
CNX INFRA       2,496.50      -52.70        -2.07 %
CNX IT            6,111.10      -64.00        -1.04 %
CNX MEDIA      1,166.65       -7.70         -0.66 %
CNX METAL      2,868.45        2.05          0.07 %
CNX MNC         4,733.05      -39.80        -0.83 %
CNX PHARMA    4,646.30      -33.15        -0.71 %
CNX REALTY       224.35         0.85          0.38 %
CNX PSU BANK  3,042.70      14.90          0.49 %