BEST BUYING LEVELS FOR THE COMING WEEK

Written by HARIKRISHNAN.T
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Friday Sensex closed at 18266.10 (+221.46) and Nifty at 5476.10 (+63.75)

I think the crucial support level will be at 5340. If Nifty break that point there is a chance for downward trend up to 5170.

If the FIIs and Domestic investors are on the buying side, then market can go up to 5600 range.

The role of FIIs are very crucial. Now they are on the selling side because of the negative internal issues like long term GDP problem.

Domestic institution and retail investors are supporting market in this scenario.

Retail investors should make this opportunity as a buying option. But 2 things they must obey is

1) Invest only in A grade stocks.
2) Invest in a step by step manner.

Below I'm giving buying levels and resistances of various stocks of different sectors. Make investments only in that range. For queries mail me at hari08_indian@yahoo.com

Click on the image to get a clear view
Regards Hari " लोका समस्ता सुखिनो भवन्तु "



BEST TIME FOR INVESTMENT

Written by HARIKRISHNAN.T
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Indian market closed in red for the third consecutive day because of the negative fundamental issues.

Nifty today closed 5420.60, 18.35 points in red.

I mentioned already that 5400 is the best buying level in this scenario.

So I think this is the best time for investment for retail investors.

The stocks I prefer for the investments are the following.....

# Reliance Industries: Today it closed at Rs.901.85 (NSE). This is the best time for investment in RIL. The issues which are related to RIL will not affect the performance for the long term point of view. The immediate resistance is at Rs.1040.

# Yes Bank: Today it closed at Rs.281.85 (NSE). We can make investments in this range, because this is one of the leading private sector bank. Immediate resistance is at Rs.330.

# IDBI Bank: Today it closed at Rs.132.05 (NSE). The bank has announced a good quarter result. This is the best level for investment.

# IFCI: Industrial Finance Corporation of India is another stock which is advisable at this point. Downside risk is very low for this stock. Now it closed at Rs.48.15 (NSE). Immediate resistance will be at Rs.60

Regards Hari " लोका समस्ता सुखिनो भवन्तु "



EXECUTIVE BRIEFING

Written by HARIKRISHNAN.T
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Sensex today slipped down to 18345.03, 186.25 points in red and Nifty to 5499.

I mentioned day before yesterday that since the fundamental sides are weak, this is not the time for investment. The perfect entry levels will be between 5340 to 5400.

The sector wise analysis is given below.

BSE Auto

Index Value: 9,152.70
Change:Down 69.27 (0.75%)

 Bankex
 
Indexvalue:12,441.84
Change:Down 148.33 (1.18%)

BSE Consumer durables

Index value: 6, 223.99
Change:Up 13.75 (0.22%)

BSE IT 

Index value: 5, 994.09
Change:Down 45.51 (0.75%)

Regards Hari " लोका समस्ता सुखिनो भवन्तु "