Tuesday 29 October 2013

STOCK MARKET OUTLOOK FOR TODAY 29-OCT 

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Yesterday Sensex was down 113, Nifty down 44, yet our call HOV SERVICES up 20% and HIDDEN GEM up Rs.12. RBI policy today and FED policy tomorrow will provide volatility. But their will be huge opportunity in the mid cap space in panic. So come join and profit


We all watched the blue channels. They advised that market will fall to 5800, 5500 levels sighting all types of useless data. Now Nifty is trading at multi year high. After Nifty crossed 6200, they again gain targets like 6500,6800. But the market corrected.What does this mean? My dear Investors In stock market only those investors make money who foresee thing to come in future.

Why FII are on buying spree? They see potential here, noting that India has factored in all possible negative data. This means there is tremendous value in mid-cap space, many mid- cap stocks are trading at throw-away prices in Indian stock market.

Well this week stock specific positive market expected with some wild move in select stocks. The positive trend of last week is likely to continue as the market try to break out of the tight range.

A large number of companies in mid cap space has announced stellar results. So cherry picking in stocks is advised to make some quick buck. Domestically Positive Government announcements, ensuing festival season, normal monsoon, slowing of rising inflation and satisfactory corporate results will provide market boost in the short‐term.

This week world market is also expected to rally to newer high. Asian markets will also follow the trend of western markets.For Nifty range and call

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