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Mumbai, Maharashtra, India
Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.

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FOR THE NEW USERS

THIS BLOG IS A FRIENDLY EFFORT TO ENABLE USERS TO MAKE PROFIT BY PUTTING MY KNOWLEDGE TO THEIR USE. STOCK PICKS GIVEN HERE ARE FOR TRADING, THEY ARE REAL TIME AND MOMENTUM STOCKS I.E. THEY WILL RISE / FALL VERY FAST GIVING QUICK PROFITS. USERS SHOULD MAKE THEIR TRADING STRATEGY AND ENTER THE STOCK IMMEDIATELY AND EXIT AS PER THEIR PRUDENCE WHEN TRADE FETCHES 15-20% RETURN.

Before using the blog,I advise viewers to read my very first few posts which I wrote when I started this blog.

Monday, February 23, 2009

Trends after a long week end

Hi,

It is a long week end, our markets will open on Tuesday. Different global indices are showing mixed intermittent trends. Our markets are closed on Monday but US and other markets will be open. It looks that US market will change the Short term trend and may rise little. If it trades upward , our markets will also rise. Sensex willthen, rise sharply but a very few sensex stocks will show such sharp uptrend . Sensex will move in the range 8900 to 9795. Logically, Market has F & O expiry on Thursday and market lot size for many stocks are increasing hence traders will liquidate their position ( shorts ) , and a short sharp rise may come in index. As such no stock look very attractive and are in untrend. Traders should wait on sideline for a day or two.

Stocks worth watching and having a buy signal

ABB

Bombay Rayon

Nicholas Piramal

Maruti


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