No body knows, how any particular news is going to impact market. Every day we have positive as well as negative news. If market up, then positive news copy pasted & if market is down then negative news is copy pasted. If no impact on market, then it was discounted.
21-Jun-2016 25 YEARS AGO ON THIS DAY 21ST JUNE 1991, P V NARASIMHA RAO TOOK OATH AS PRIME MINISTER ALONG WITH DR MANMOHAN SINGH AS FM………..
SENSEX ON THAT DAYWAS 1361 & TODAY @ 26800……….
GROWTH OF 20 TIMES IN 25 YEASRS………….
THIS IS INDIAN ECONOMY……….
BELIEVE IN INDIAN ECONOMY……
INVEST IN INDIAN EQUITIES…..
LAST WEEK’S PREDICTION: As predicted, BANKING /FINANCIAL stocks continued upward trend & in BANKING – FEDERAL BANK. UNITED BANK, CENTRAL BANK, VIJAJYA BANK, DENA BANK, ALLHABAD BANK, CANARA BANK etc made new highs during the week. In PHARMA space, Dr REDDY, BIOCON & ORCHID CHEMICALS, ALEMBIC, LUPIN etc also touched new highs.
LAST WEEK’S PREDICTION: NIFTY up by 1 %. As predicted, BANKING /FINANCIAL stocks continued upward trend & in BANKING – FEDERAL BANK. IOB, UNITED BANK, DCB, VIJAJYA BANK etc made new highs. In FINANCIALS – SREI INTERNATIONAL & IFCI also made new highs. In PHARMA space, Dr REDDY BIOCON & ORCHID CHEMICALS etc touched life time highs. GOLD crossed historical level of Rs 20,000 during this period.
LAST WEEK’S PREDICTION: NIFTY down by 0.6 %. As predicted, BANKING /FINANCIAL stocks continued upward trend & in BANKING – BANK OF BARODA, INDIAN BANK, BOI.VIJAJYA BANK, SYNDICATE BANK & IOB etc went up by 9-15% In FINANCIALS – REC & IFCI moved up by 12.5- 20%. Among BROKING stocks – INDIA INFOLINE, MOTILAL OSWAL & EDELWEISS by 8-14%. In PHARMA space, Dr REDDY, WOCKHRDT, BIOCON & ORCHID CHEMICALS etc appreciated by 9—25%. Among AVIATION sector – GLOBAL VECTRA & KINGFISHER surged by 10-14.8%. TITAN went up by 5.7% during this period & GOLD also made new highs.
LAST WEEK’S PREDICTION: NIFTY gained 2.1%. As predicted, there was great demand in BANKING /FINANCIAL stocks & BANK NIFTY surged by 2.4%. In HOUSING FINANCE – GIC HOUSING, CANFIN HOME & LIC HOUSING went up by 8-15%. In REAL ESTATE space, SHOBHA DEVELOPERS, ANSAL PROPERTIES, DLF & UNITECH moved up by 7-14%. In TYRES – JK TYRE, MRF, APOLLO TYRES & DUNLOP moved up by 3.7-7%. TITAN went up by 4% & during this period & GOLD also made new high
LAST WEEK’S PREDICTION: NIFTY gained 2.3%. As predicted, there was great demand in FINANCIAL stocks & LIC HOUSING / HDFC made new highs. In WATCHES space, TITAN surged by 8%. Among PERSONAL CARE – COLGATE too made new high & was up by 12.4%, while HIND UNILEVER went up by 14%. In AUTO segment, TATA MOTOR & HERO HONDA moved up by 5-7.4%. In LEATHER – CREW BOSS went up by 24% during the week. GOLD also touched new high.
LAST WEEK’S PREDICTION: It was cheerful week for trade & NIFTY gained by 4%. As predicted, there was great demand in FINANCIAL stocks & BANKEX was up by 6%. During the week most of BANKING stocks made new life time highs. In FINANCIALS – HDFC, LIC HOUSING & DEVAN HOUSING etc made new highs. OIL & GAS indices were up by 5.6%. Among PERSONAL CARE, GODREJ CONSUMERS was the star performer & appreciated by 21% during the week.
YESTERDAY’S PREDICTION: It was another good day for the market & as per our prediction BANKING/ FINANCIAL stocks continue to out perform. During the day BANKEX touched life time high. In BANKING – KARUR VYSYA & KOTAK BANK moved up by 5-7.5% & in HOUSING FINANCE – LIC HOUSING & DEVAN HOUSING by 2.5-10%. There was all round buying in AUTO stocks & in LCV/HCV space, TATA MOTOR & ASHOK LEYLAND moved up by 4-7.5%. M&M & MARUTI by 2.5-3%. As per our weekly prediction, OIL & GAS stocks started moving up & BPCL, HPCL, & IOC surged by 3.25-5%. TITAN went up by 4.9%. 4 top gainers (Group A) were ASHOK LEYLAND, IOC, KOTAK BANK & TITAN. This is all due to the blessings of LORD GANESHA.
It was an excellent day for INDIAN stock market & NIFTY closed positive by 120 points. As predicted, to-day’s rally was mainly led by BANKING stocks. BSE BANKEX was the biggest sectral gainer - up by 3.6% & many banks posted their life time highs. Among FINANCIALS – GRUH FINANCE & HDFC went up by 5.8-6%. In PLASTIC space, SINTEX & VIP INDUSTRIES moved up by 3.8-12.7% & in OIL space – OIL INDIA & GUJRAT GAS were up by 3.6-7.9%
LAST WEEK’S PREDICTION: It was good week for trade & NIFTY gained by 2.8% As predicted, there was great demand AUTO stocks & in 2 wheelers - BAJAJ AUTO moved up by 11%, SCOOTERS INDIA 12% & KINETIC MOTORS by 30%. MARUTI & M&M by 5%. In LEATHER space - CREW BOSS & MAYUR LEATHER surged by 26 – 32%. Among PERSONAL CARE, GODREJ INDUSTRIES was the star performer & appreciated by 21% during the week.
LAST WEEK’S PREDICTION: It was a mixed week for the Indian market which saw a bout of volatility. SENSEX & NIFTY were up by 1.2-1.3%. As predicted, GOLD made all time high in international & local markets during the week. In PAINTS & VARNISH space – ASIAN PAINTS & selected stocks from OIL & GAS sector too made new 52weeks high.
Stock trading involves high risk. The predictions made herein do not connstitute an offer to sell or solicitation to buy any of the securities mentioned. No represntations shall be entertained that the predictions made herein will be profitable or otherwise. Readers using the information contained herein are solely responsible for their actions. The information is based on our personal assesment / judgement and we shall not be liable for any losses and damages.