MARKET TREND TO DEPEND ON RBI's POLICY...

THE INDIAN STOCK MARKETS CLOSED FLAT TO NEGATIVE ON MONDAY....... PRESSURE WAS SEEN THROUGHOUT THE SECTOR IN WHICH MAINLY THE BANKING AND THE AUTO STOCKS..... DECLINED THE THE LAST HOUR OF TRADE....

WE HAD BOLDLY RECOMMENDED OUR CLIENTS NOT TO HOLD OVERNIGHT POSITIONS.... AS THE NEWS MAY BE NEGATIVE OR POSITIVE WILL CHANGE THEIR POSITION DRASTICALLY.......

IF NEGATIVE NEWS IS ANNOUNCED MARKETS CAN OPEN ANYWHERE BETWEEN 250-300 PTS DOWN OR VICE VERSA......

* BUT THIS FACTOR SHOULD BE TAKEN INTO CONSIDERATION THAT.... FOR THE LAST MANY SUCH MEETINGS IN CASE THE MARKETS WENT DOWN BY EG: 600 PTS..... THEY ARE RECOVERED BACK IN 2-3 DAYS THAT ALSO A GREATER RECOVERY MANYBE 800 PS......

CNX NIFTY:

LAST AND FINAL HURDLE 4106.....

THE MAJOR HURDLE FOR THE NIFTY EXISTS AT 4106 LEVELS........ 2-3 CONSECUTIVE CLOSES ABOVE THIS MARK WILL LEAD THE NIFTY TO 4201-4250 LEVELS....... ON A WEEKLY BASIS.......

ON THE DOWNSIDE FRONT..... IMMEDIATE SUPPORT EXITS AT 4056,4038 LEVELS.... IN CASE NIFTY ALSO BREAHCES THIS LEVEL..... IT CAN TAKE IT BACK TO THE 4K MARK...

EVEN IN A WEAK MARKET OUR SHORT TERM DELIVERY CALL JINDAL STEEL AND POWER GAINED 5 % AND RELIANCE COMM GAINED NEARLY 3 % THOUGH BEING A SENSEX STOCK..........

ALL OTHER ONLINEE CALLS TRIGGERED STOP LOSSES...... TO AVOID MORE LOSSES..... AND THOSE STOCKS FELL TREMENDOUSLY AFTER OUR RECO.......

CALLS FOR TOMORROW:

AS I AM NOT GIVING ANY CALLS SPECIFICALLY AS MARKETS CAN TURN INVERSE....... HENCE I RECOMMEND TO GO LONG OR SHORT IN THE BANKING SECTOR.......

MY BEST BANKING PICKS ARE:

ICICI BANK: HAS THE CAPACITY TO BUILD AND RUIN INVESTORS WEALTH....

DCB: ONE OF THE FAVOURITE STOCKS IN BANKING SECTOR.... CAN GO UP OR DOWN BY 6-7 % DEPENDING UPON THE NEWS........

IFCI: STILL SOME PEOPLE TRACKING THIS STOCK........ ONE OF THE RISKY STOCKS BUT CAN DELIVER HANDSOME RETURNS.........

THOSE FOR PASSIVE INVESTORE::

WANNA STICK TO PASSIVE STOCKS.........

BAJAJ AUTO: IN CASE OF FALL IT WILL FALL TREMENDOUSLY GOOD TIME TO PICK IT UP WILL BUZZ ON DEMERGER AND SPLIT NEWS....

TISCO: STILL A LOT OF STEAM IS LEFT IN THIS STOCK...... AND RISE IS A BUYING OPPORTUNITY.....

IGATE: BEST OF MIDCAP IT ANOTHER 2-3 BUZZ FOR THIS STOCK WILL TAKE IT TO 405-420 LEVELS.......