Morning update Fri, 31stOct:

Morning update Fri, 31stOct:

The huge rallies of Asians on Thursday coupled with +ve close of Dow influenced the chances for a ‘gap-up’ open in Indian markets. However it seems difficult to retain these gains for today’s trade and Nifty may weaken even after gap-up open. The oncoming days till Wed indicate some volatile movements in either side and it’s better to wait for positional moves.
The intra-day traders may try some shorts at ‘gap-up’ open.

Morning update Wed, 29thOct:

Morning update Wed, 29thOct:

Expect a good ‘gap-up’ open around 2.8k and this uptrend would prevail for entire day. Though it’s an expiry day, chances for volatility are less and one may initiate with ‘long’ from the opening itself till EOD.
Those who are holding call / longs should hold with ‘TSL’ but it’s better to cover all such longs at EOD as tomorrow is a trading holiday and the oncoming Fri indicates some weakening.

Muhurat Trading: October 28, 2008

Muhurat Trading: October 28, 2008

(6:15 pm to 7:15 pm on October 28, 2008)
With +ve sentiments of Divali all over, expect the +ve open at Muhurat trading. The opening bells of Dow would initiate a sharp up move here too from the period post 06:30pm IST and the ‘intra-hour’ traders have better to buy at open itself & cover at cls.
Since this uptrend would prevail on oncoming Wed too, one may carry long / call overnight for good profits on Wed.