04-07-13 MARKET

MARKET TREND:

Market already losses many Small Investors, due to lac-lecture performance of Indices.   If the market performs irrationally (ill-logical), we may loose Traders also in coming days.  Market is not valuing neither fundamentals of individual strips nor technical values.   Market is moving only depend upon FII cash flows.  

Surprisingly, our Govt. is not able to Hold Indian Corporate Investments (around 27 billions) in Overseas. But they go on trying for FIIs Investments with different schemes, which have not given much results so far. In case they bring money also, it will be time bounded only and it gives only temporary relief to our economy.    They are giving more wait on Micro Fundamentals.  For example Food Security Bill, which may be good for Most of Indian public directly, but it has been read as Negative Point for Financial Strength by FIIs and Our Economists and they say as it is Politically Motivated Scheme.

As many says, there is no Good or Bad Time for market.  Only we have to see value of our Investment and Returns on it.   Since people have many Trading Options in this market, we should select 1 or 2 options and do continue.  If we go on changing Trading Options (experimenting), there is more chances to loose money.

Today market may start with positive bias and close positive. Yesterday lows (5760) will be critical to hold the market.

CAN WATCH FOLLOWING DETAILS  @ 04-07-13 MARKET  ALSO

NIFTY SPOT LEVELS:
Pivot: 5782
Resistance: 5804/5837/5858
Support: 5749/727/5695

NIFTY FnO BAN: NIL

STOCKS FOR DAY: 
Apollo Tyres Eq: Buy > 60 Trg 61.35-62.60 SL 58.75
Tata Global Eq: Buy > 141 Trg 143.75 SL 139