STOCK MARKET CALLS | ANALYSIS | NIFTY OUTLOOK 9TH APRIL 2012

Credit policy, the eye of the monsoon on the market

Nifty crossed 5400 points in the market to have momentum. But the fourth quarter of fiscal year 2012 results began to come. Is believed that the findings are likely to see little impact on market moves. However, HDFC Securities and VK Sharma says that the results rather than the eyes of the market and credit policy is based on projections of monsoon.

VK Sharma, when seen from the technical perspective, short-term Nifty to 5130-5080 can be broken up after 5400.The estimates of credit policy and the monsoon has been seen on the market moves ahead of the market will decide.

VK Sharma believes that in the fourth quarter of fiscal year 2012 Infosys results will have no effect on the market. The company has already decided guidance that the market has already digested.

VK Sharma advice about investing in stocks that fall in raw material prices may see the rise of the tire companies. So investor attached to the tire business, stocks can be a win-win bet. Attached to the tea business opportunity to invest in stocks but wait for it to 1, and quarter. Results of Russell Macload fall in the 5-7 per cent share in the investment opportunity are made.

VK Sharma said if crude oil falls below $ 90 I expect to have an impact on the stock exchanges. The crude oil is the right move is unlikely to have much effect on the market. In addition, U.S. oil facilities in the United States at the time of Hurricane storm also are not expected to be higher. So now, the market pressure on crude oil is visible.

Which stocks, sectors to focus on!

Dotcom Spitulsyan the S & P Tulsyan say that this week on the market outlook remains negative. Google can show the series to 5000 levels. Market, banking, IT and oil & gas stocks could remain under pressure. Which is likely to see weakness in the market?

Results of Infosys or IT stocks are more likely to pick up. So investors should not buy in Infosys before results. But traders can buy it then put the 2800 in Infosys.According to SP Tulsyan negative impact on the market can get to the IIP data. RBI policy repo rate by 0.25 per cent and 0.5 per cent cut in CRR is expected. Investors Bank Nifty, PSU bank should buy. Dhanalakshmi Bank to 100 levels can show in the next 4 months.    
 
Adani Power , Tata Power , Reliance Power and Lanco Power and Coal India can benefit from the FSA to deal. Investor Adani Power, Tata Power, Reliance Power and Lanco Power can shop. The investment should stay away from coal in India. Coal India in short-term investor can profit around Rs 340-345. S & P Tulsyan that Patni Computer Dilisting of around Rs 520 per share is expected to be at this price.

STOCK MARKET REVIEW: 9^TH APRIL 2012

BSE Small-Cap index was down by 0.65% while the BSE Mid-Cap index finished 1.35% down.CNX MIDCAP 50 index was down 1.90% and S&P CNX 500 was down around 1.66%.The SENSEX closed 264 points down at 17,221 and the NIFTY stood at 5234, down by 88 points. 

BSE SENSEX and NIFTY crashed by 1.51 percent and 1.66 percent respectively on the very opening session of the week after a long weekend. Markets traded more over the global sentiments than to the local ends as lower than expected non-farm and pay roll data presented by U.S worried over the total economy growth. It indicated the lower opening for global markets down by 1-1.5 percent for ASIAN MARKETS. SENSEX and NIFTY hammered down by the banking, metal and capital goods stocks.

Nifty Gainers

Today’s nifty top gainer were

RANBAXY changed 4.10% with 18, 25,457 volumes

DRREDDY changed 2.11% with 3, 92,138 volumes

CIPLA changed 1.67% with 7, 82,773 volumes

Nifty Losers

Today’s nifty top losers were

HUNDALCO with volume 73, 30,470 and changed -5.48%

CAIRNS with volume 17, 57,906 and changed -5.25%

IDFC with volume 37, 83,456 and changed -5.01%

NIFTY OUTLOOK FOR 10th APRIL 2012

NIFTY SPOT LEVEL

TREND – BEARISH

SUPPORT 1	5210
SUPPORT 2	5190
RESISTANCE 1	5270
RESISTANCE 2	5310

BANK NIFTY FUTURES

TREND- BEARISH

SUPPORT 1	10070
SUPPORT 2	10020
RESISTANCE 1	10210
RESISTANCE 2	10300

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