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 .

Market moov ahead

Yesterday market again go in heavy selling specially in reality and capital goods sector like infra metal etc.here we look at market movement index and price fall of some specific stock falling more then 10-15% in a day or someone crash around more then 25% in price .

Yesterday also in Malaya press conference com out that KFA not going to ask for bailout they just need extra loan as working capital here we look and see what future ahead for aviation sector .

Aviation sector is in bad situation where growth in passenger rise by more then 15% in a year by year but still we see due to competition in price war still same as 10 years before or may be less .fuel ATF up by almost 700% during that session and operating cost for an airline company fuel share almost 50% now so until this war is not stop and risen in fare not manage to hold airline profit because as international concern price of ATF looking nearby and not guessing a sharp fall here.

what to do with aviation stocks looking bad and not to invest eight er it will affect banking NPA and more sector will join like aviation in future so bad time for banking also.

Recent comment by RBI insisting that sector like infra,telecoms,aviation and reality still pain to come due to high interest rates and heavy debt burden which affect banking also so stock market is not looking good time ahead and we must wait for three month in Indian capital market to invest .
Investor watching where nifty trade price of some mid cap stocks at life low even nifty is much higher then in 2007 but price go below this level so where nifty go down ,by pricing of stock its not looking nifty go down then 4500 levels and this is the worst in Indian market .

investor be cautious from stock like i mansion in previous to avoid heavy lose as FII comment or downgrade any stock price of stocks go down almost 40% from current price be caution to trade and sit on cash for long term investment .

FED CHAIRMAN ON US ECONOMY

Today Ben Barnanke chairman of Federal Reserve said that FED is committed to do more help to improve US economy and they will take further action in future as needed.he added still hard for recovery as gaining jobless claim highest ever and stress in euro crisis.

As during speech from MR. Ben Barnanke before US market Dow Jones  open 1% lower and down almost 200 point and recover during comment up to -100 point but after the speech Dow goes down again more then 200 point ,NASDAQ  and S&P also down nearly 2% showing investor not have confidence in FED moov this again make fear in market and may go down further in future.

Today all stock market in world wide including Asia,Europe and Indian stock market down around 2% each and heavy selling seen at lower levels pull price more panic ,showing more volatility and downtrend may be possible in near future .still looking 7-10 % correction more due in markets .

I trying to comment on Indian economy ahead soon,today moody downgrade Indian top public sector bank state bank of India making worry in Indian banking sector and impact of this taken all affected sector also in flame of selling pressure in stock prices that bring sensex down by 285 point at 15864,Nifty down almost 100 point and Nifty future close at 4779 ,tonight sgx nifty trading around 4720 down more 50 point .

selling seen in banking ,reality,auto and metal stocks.

US MARKET HIGHER ON THRUSDAY

On hope of announcement by ECB to issue dollar to European banker to ease liquidity and resolve financial issue in euro zone takes positive note for us market on Thursday ,

A significant buying shown in all financial sector indices and other manufacturing industries gave momentum to US market and Dow Jones open with flat opening and end with day high of 11433 up 186 point from its previous close a rise of 1.66% and NASDAQ also close at 2607 with 37 point jump .

Asian market open with high note both hangseng and Nikkei index open almost 2% since previous close showing strength in Indian market too ,Indian market to open in positive and more short covering seen in market but due to hike in petroleum price and RBI credit policy to announce today around 12 noon one should avoid buying and book profit at every rise if your stock get 15-20 % rise in price.

World economy :whats ahead

World economy is in deep trouble these days ,American and European pain continue in all financial sector including stock market and currency also.

Today we just think about role of us and European economy and impact on world of it,after 2008 recession in America people hoping for better tomorrow as government take action to pull out us economy to stability and take it on track of growth for better tomorrow,i also add here people hoping much because of new idea and step taken by Barack Obama with new hope and horizon .

now at present what make us and Europe in big trouble first market not able to manage growth in true line only industry growth showing because of relaxation given by government on taxes and interest rates their balance sheets showing much better but truly there were no sign of growth in sales to boost us economy .

In that case higher commodity price also add to create pain full for economy ,number of jobless claim risen day by day,interest of international investor also not join USA,big revenue expenditure during war by us.

all impact on us economy hurt European reason also and since 2008 a negative zone buildup in Europe also ,countries in Europe also face problem and attachment of each other impact rest of European region too and now world top economy of us and Europe in deep trouble now heavy fiscal deficit over these countries make situation very dangerous to them.confidence of people all over the world also hurt to invest in these country ,now we have to watch impact of slowdown all over the world my view is coming six month is very poor for world economy and now Asia also join this rally due to business attachment with them .

More bad situation on path in coming days so better to stay on cash and wait for better tomorrow and i feel investor need to look for long term investment is golden opportunity in coming months .

image source: topnews

stock picks for 31-08-09 monday

market open with downside trying to break friday low but nifty sure poised to touch 4950 in coming days with hurdles , on monday one can buy hul, rcom and tatasteel,
also read all my past post nd result it giving in market view as well in stocks also