Nifty can reach 9000

Fellow Investors,

Today one brokerage house said that Nifty can reach 9000. Though I rarely agree with them I also feel Nifty can reach 9000 in the next three months. There are several positive events which are occurring. Improved earnings, expectations of good monsoon and pre-monsoon showers hitting several parts of the country, completion of assembly polls ending political uncertainty.

What do you feel ?

 

monsoon and gst can be triggers

 

I do not think that GST bill can be passed in the current political scenario and even if the bill is passed in parliament then it has to be passed by 2/3 of the states. It will be a miracle if the GST is implemented in the tenure of current govt. To my mind the market has probably given up on GST. But yes a good monsoon will help. Lets hope the monsoon is good for the sake of millions who had to suffer due to drought like conditions in the country and not just for sensex or nifty. The reason for my optimism is that probably earnings have finally bottomed out and will move upwards from here.

 

Yes, the market has risen today, Asian Markets along with European and American peers are trading in green Wednesday morning on the backdrop of an upbeat US home sales data yesterday which displayed inherent strength in the US economy coming back above the pre 2008 levels. The chances of June rate hike are increased further. Markets would eye Fed Chair Janet Yellen's speech, who is also due to speak on Friday, which is also the concluding day for the Ise-Shima G7 Summit being held in Japan. Once the G7 summit is out of the way, markets will be focusing whether Tokyo may look to postpone a sales tax hike and implement fiscal stimulus steps. Elsewhere, "Brexit" themes continued to sway the pound, which soared overnight when the latest poll showed strong support for Britain to remain in the European Union.
You can also see the details of the market in https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-250516

 

Nifty to remain under pressure till it breaks 8037 on the upside
26 May, 2016

Stock Market Today by Shailesh Saraf – 26th May 2016
Indian Market Outlook:
Yesterday, open interest in options showed 4 times buy which is actually the short covering in calls before the May contract's expiry today. EURO zone finance ministers have approved 10 billion dollar bailout fund for the sick Greece economy. The likeliness of FED interest rate hike from 25 bps to 50 bps in the scheduled June 15 FED meeting is increasing which will be further confirmed if 3 month US treasury yield trades above 36 bps. However, the short term trend would be sell only if Small Cap trades below 5055. Nifty is opening 20 points gap up at 7963 from yesterday's close of 7943 at 8:25 am IST.



International Market Outlook
Asian Markets along with European and American peers are trading in green Thursday morning. The rally in risk assets came even as investors were preparing themselves for monetary tightening by the U.S. Federal Reserve as early as next month. Investors will be looking to comments by Fed Chair Janet Yellen at a Harvard University event on Friday, though her speech scheduled for June 6, after new U.S. payrolls data comes out, would be even more crucial.

To know know see https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-260516

 

Nifty enters new trading zone above 8000
27 May, 2016

Stock Market Today by Shailesh Saraf – 27th May 2016
Indian Market Outlook:
Yesterday, Nifty futures expired on a highly bullish note at 8070. Nifty is opening gap up at 8103 at 8:25 am IST. Today we have India's largest PSU Bank announcing its quarterly results at 1 PM IST which would set the further tone for the Indian Markets.

International Market Outlook
Asian Markets along with European and American peers are trading in green Thursday morning. Yellen will make her first public appearance in nearly two months at a ceremony when she receives the Radcliffe Medal from Harvard University's Radcliffe Institute for Advanced Study on Friday afternoon. Yellen could provide further hints on the pace of the Fed's long-term rate path in a Question-And-Answer session with Harvard economics professor Gregory Mankiw after the presentation. Over the last two months, Yellen has reiterated that the Fed will raise rates gradually in the current cycle, amid widespread volatility in global financial markets and persistently low inflation. Two other Federal Open Market Committee (FOMC) policymakers, St. Louis Fed president James Bullard and Fed governor Jerome Powell, sent indications on Thursday that the Fed could raise rates shortly.

To know more see https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-270516

 

Nifty continues to be in a BUY trend
30 May, 2016

Stock Market Today by Shailesh Saraf – 30th May 2016
Indian Market Outlook:
FII's have been net buyers worth Rs.3270 Cr in Index Options and worth Rs.2162 Cr in Index Futures. The rally in the markets has been triggered mainly due to the Global markets rallying last week which was triggered by, firstly, the BREXIT polls that suggested majority willing to stay in the Eurozone and secondly, the bailout of the Greece banks by the Eurozone to the extent of 12 Billion Euros. As per SGX today at 8:30 am IST, Nifty Share Price is expected to open at 8217.



International Market Outlook
Asian Markets along with European and American peers are trading in green Monday morning. Yellen in her speech on Friday remarked that the FED rate hike could be happening soon in the coming months, looking at the ripe situation of the US economy with good jobs and inflation data. The polls on the BREXIT suggested that the majority is willing to stay in the EUROZONE which has been one of the major triggers for the markets to stay positive. The markets would be keenly waiting for the 15 June FED meeting and the BREXIT which is scheduled on 23 June.
For more details go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-300516

 

BJP will manage to get GST Bill cleared in monsoon session of the parliament. But even if it is cleared in the monsoon session and passed by 2/3 of the states it can be implemented only from April 2017.

 

That is why I am buying GST stock like TCI and Gati. TCI has advantage of demerger of TCI Xpress which will lead in value unloaking of stock.

 

@New_Investor Are you buying any GST stock? Which one?

 

Nifty BUY trend continues, 8336 on the cards
31 May, 2016

Stock Market Today by Shailesh Saraf – 31th May 2016
Indian Market Outlook:
FII continued their buying spree across all segments in the Indian markets after buying worth Rs.15747 Cr in Index Options, worth Rs.8474 Cr in Index Futures and worth Rs.1095 Cr in the cash segment in last 5 days.

Nifty the Indian benchmark index saw consolidation at 8200 levels after 7720 the low made on Tuesday 24th, the rally of more than 500 points in four trading sessions with the breakout of critical level of 8000 and the huge buying of FII and PRO buy in future and options which suggests that 8336 are in the cards to come.



International Market Outlook
The Asian markets continue their rally after trading in green today as well. The US markets were closed yesterday for Memorial Day, has also given a breakout of 2100 levels in future index. Non-farm payroll data which is one of the major data events is on Friday which would bring in further stimulus for the FED rate hike scheduled for the June 15 meeting. Traders would also keenly watch the developments around the BREXIT which is scheduled for the 23rd June. FII Index Future Open Interest for the Week FII Options Open Interest for the Week.
For details go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-310516

 

Nifty upbeat, caution if US Treasury Yield trades above 36bps
01 Jun, 2016

Stock Market Today by Shailesh Saraf – 1st June 2016
Indian Market Outlook:
FII continued their buying spree across all segments in the Indian markets after buying worth Rs.16126 Cr in Index Options, worth Rs.9073 Cr in Index Futures and worth Rs.981 Cr in the cash segment in last 6 days. The huge buying of FII and PRO buy in future and options suggests that 8336 are in the cards for Nifty in the coming days.SGX Nifty is trading at 8205 at 8:40 am IST. Nifty is expected to open at same levels i.e. a gap up of 11 points.



International Market Outlook
China PMI announced today morning came a tad higher at 50.1 from the expectation of 50.0. Crude Oil prices are under pressure on Wednesday morning today's OPEC meeting would set the tone for further price direction for crude. It is expected that the OPEC meeting scheduled on 2nd June would be to decide on the market share for the Oil production countries rather than putting control on the production levels. Moreover, the concerns over the slowing demand from the Chinese economy are pushing crude further down.
For details go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-010616

 

I think you should give stock tip and recommendations. Then we can know how good is reasearch. If recommendations are good people will pay and subscriber to your service.

 

Nifty holds strong, BUY at every correction
02 Jun, 2016

Stock Market Today by Shailesh Saraf – 2nd June 2016
Indian Market Outlook:
We recommend a buy in Nifty at 8120 with a stop of 8100. The huge buying of FII and PRO in future and options suggests that 8336 are in the cards for Nifty in the coming days. SGX Nifty is trading at 8182 at 8:30 am IST. Nifty is expected to open at same levels i.e. a gap down of 15 points.



International Market Outlook
Asian shares were steady on Thursday as Wall Street gave up modest gains. This was after the latest batch of U.S. data provided few clues on when the Federal Reserve might raise rates, while a resurgent yen pressured equity markets in Japan. The yen strengthened earlier today after Japanese Prime Minister Shinzo Abe said he was planning to delay a scheduled sales tax hike by two-and-a-half years, amid ongoing weakness in the economy.
For more details go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-020616

 

Nifty BULLS controlling the markets, BUY at every correction
03 Jun, 2016

Stock Market Today by Shailesh Saraf – 3rd June 2016
Indian Market Outlook:
We recommend a buy in Nifty at 8178 with a stop of 8150. The huge buying of FII and PRO in future and options suggests that 8336 are in the cards for Nifty in the coming days. SGX Nifty is trading at 8264 at 8:15 am IST. Nifty share price is expected to open at same levels i.e. a gap up of 20 points.



International Market Outlook
Asian shares held steady on Friday as investors wait for U.S. payrolls data that could add to or detract from the case for a Federal Reserve interest rate hike later this month or in July. The data will be followed by a speech from Federal Reserve Chair Janet Yellen on Monday, the last chance for the Fed to communicate with markets before it begins a blackout period ahead of its policy meeting on June 14-15. In recent weeks global markets have been puzzling over what the Fed would do in the near term as relatively upbeat U.S. data have been undermined by a still-sluggish global economy and worries over the risk of Britain exiting the European Union. OPEC failed to agree a clear oil-output strategy on Thursday as Iran insisted on steeply raising its own production, though Saudi Arabia's new oil minister promised not to flood the market. Yesterday, the ECB's Governing Council left interest rates unchanged ahead of the launch of a highly-anticipated corporate bond buying program next week, as inflation continues to remain stubbornly low.

For more details go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-030616

 

Stock Market Today by Shailesh Saraf – 6th June 2016
Indian Market Outlook:
Today the markets would eagerly wait for the RBI policy statement to be announced tomorrow at 11:00 AM IST. This would lead to a consolidation phase for the day. We recommend a buy in Nifty share price at 8178 with a stop of 8150. The huge buying of FII and PRO in future and options suggests that 8336 are in the cards for Nifty in the coming days. SGX Nifty is trading at 8243 at 8:35 am IST. Nifty is expected to open at same levels i.e. a gap up of 10 points.



International Market Outlook
The US pay rolls data surprised the Investor expectation as it showed that the US economy added only 68K jobs in the last month indication the slowdown in the global markets thereby reducing the chances of any near term rate hike. However, the US indices are holding strong at 2100 levels. Asian and European peers hold steady.

For more details go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-060616

 

Nifty awaits RBI monetary policy today
07 Jun, 2016

Stock Market Today by Shailesh Saraf – 7th June 2016
Indian Market Outlook:
Today the markets would eagerly wait for the RBI policy statement to be announced today at 11:00 AM IST. Analysts expect RBI to keep the Interest Rates unchanged at 6.5% but the key lookout is whether Rajan would accept the extension of his tenure as RBI chief. This would lead to a consolidation phase until the policy announcement. Market would be deciding on its next course post RBI announcements today. SGX Nifty is trading at 8269 at 8:35 am IST. Nifty is expected to open at same levels i.e. a gap up of 38 points.



International Market Outlook
Asian Indices rallied, testing 5 week highs on Tuesday morning after FED chair Jennet Yellen in a speech yesterday said US rate hike would indeed be a gradual process not giving any reference to timings. She gave a positive assessment of the US economy and warned on giving too much weightage on one single data referring to the weak payrolls data last week. On the other hand the BREXIT polls, published by the Telegraph UK, that came in yesterday show an inclination of the British people towards exiting the EU. The FED's policy statement due on 15th June and the BREXIT final outcome due on 23rd June would set the market tone going forward.

Go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-070616

 

Profit booking in Nifty seen ahead of BREXIT
10 Jun, 2016

Stock Market Today by Shailesh Saraf – 10th June 2016
Indian Market Outlook:
Today morning, SGX Nifty is trading at 8216 at 8:35 am IST. As per SGX, Nifty is expected to open at 8216 i.e. at a gap down of 14 points. FII and PRO combined have sold 4411500 shares in Index options yesterday signaling profit booking.



International Market Outlook
The Asian markets along with European and American peers are holding strong too suggesting a global strength in the Indices, however markets have seen a profit booking from the higher levels of S&P at 8120. S&P has been trading in a small range of 2120 to 2106 for last 4 days. The markets are eyeing BREXIT and the US FED meet due on 23rd June and 15th June respectively. The outcomes of these events would be very crucial in deciding the further course of the markets.

https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-100616

 

Brexit Rocks International Markets
13 Jun, 2016

Stock Market Today by Shailesh Saraf – 13th June 2016
Indian Market Outlook:
The Indian Markets are slated to open gap down by 70 points at 8125, as SGX Nifty at 8.43 am. This indicates the panic which will also affect our Markets. The FII & Pro combined have sold above 100000 options in the past 3 trading sessions. If the Markets trade below the low of 8150, which is 2 weeks low, the short term trend will turn to sell.



International Market Outlook
: International Markets have collapsed as many as 3 surveys are indicating a higher probability of BREXIT. The Markets in the past few days had believed that the “Remain” campaign of the BREXIT would prevail over the “Leave” campaign. The latest Polls have come with a rude shock and the GBP/USD collapsed downwards by 150 ticks, which is an average one day movement, in 15 mins. This nervousness is bound to continue till 23rd June, when the Referendum takes place. Dax has touched its one month low falling 500 points in the past one week. The Asian Markets are reflecting this mood this morning.

 

NIFTY weak on heavy selling by FIIs & BREXIT Concerns
14 Jun, 2016

Stock Market Today by Shailesh Saraf – 14th June 2016
Indian Market Outlook:
The Indian Markets are slated to open gap down by 20 points at 8110, as per SGX Nifty at 8.15 am. FII and PRO combined have sold 1.44 Cr shares in the Index options in last 4 days. This above average selling indicates the panic affecting our Markets. If the Markets trade below the low of 8060, which is 2 weeks low, the short term trend will turn to sell.



International Market Outlook
: International Markets have collapsed as many as 3 surveys are indicating a higher probability of BREXIT. The latest polls by "The SUN", UK's largest circulated daily, shows 55% people voting for the leave campaign. This nervousness is bound to continue till 23rd June, when the Referendum takes place. Dax has touched its one month low falling 500 points in the past one week. The Asian Markets are reflecting the same mood this morning. Markets would now be keenly eyeing the FED policy decision due tomorrow night at 11:30 PM IST.
Go to https://www.dynamiclevels.com/en/shailesh-saraf-stock-market-today-140616