Happy New Year 2013

Good Morning Friends.

The sea is common for all… but some takes Pearls, some takes Fish and some come out with wet legs… Moral – you get what you try for.

WELCOME TO 2013 – A full of promising & entertaining year ahead. Happy New Year to all blog visitors, members from whole MG family & Friends.

It was also a wonderful year for MG family that we got new platform and introduced to our strength. Around 800 visitors per day to which I was completely unknown. But I am in trouble by seeing this much followership as now I need to complete MBells everyday.

Well, market ended happy with the NSE Nifty registering ~28% while the BSE Sensex recorded nearly 25% gains. Today after opening on a flat note, markets struggled throughout the day for any specific direction. Market participants remained cautious as the fiscal cliff worry continues to keep traders jittery.

A sudden bout of buying in the last hour did lift the Nifty above the 5900 mark; however the momentum was short lived as offloading in the Capital Goods, FMCG and the IT stocks dragged the Nifty to close near day’s low.

RIL, Infosys, Wipro, Tata Steel, Hero MotoCorp, ONGC, Coal India, Dr Reddy’s Lab, NTPC, BHEL, Bajaj Auto, Tata Motors, Hindalco Inds and Mahindra & Mahindra were among gainers while TCS, Sun Pharma, ICICI Bank, Maruti Suzuki, Bajaj Auto, Cipla, HDFC, Bharti Airtel and L&T were among losers in Sensex and Nifty.

Stocks which hit 52-week high during the week were Hinduja Vent, Shree Cement, Procter & Gamble, Cummins India and Bosch.
Stocks which hit 52 week low during the week were Himadri Chem, JCT Electronics, Maharashtra Seam, Mirc Elect and Shaily Engr.

Above all, for the year as a whole, India was the best performing market in Asia. The Nifty and Sensex rallied over 25 percent in 2012.

As I see market is still in uptrend and people can join the party if they have missed the bus in 2012 as I see good gain till budget say around or more than 12-15% gain unless and until no bad news come out in the way of new highs.

Pvt. Banks, Auto sector, Metal sector seems major contributor for this move.

MARKET OUTLOOK –

Levels to be watched closely 5835 & 5785, both has good support while resistance seems 5950-5980-6040

The INDIA VIX on NSE was shot up 9.6% and ended at 14.95 against 13.74 and FNO PCR is 0.80.

The rupee rose 0.28% and ended at 54.99 than its previous close of 54.93.

S&P 500 (US) ended at 1410.35 up 7.92.

NIFTY OUTLOOK –

Nifty is in range of 5785-5835-5990-6040 for current week.

Resistance comes to 5917 - 5928 – 5950 and Supports comes to 5895 – 5883 – 5773.

STOCK OUTLOOK -

(Stock outlook needs to watch stock movement carefully and then one can bet after having a look, I tried to put related info which will help you in taking positions.)

Auto Sector – to shine in first quarter of 2013

Metal Sector - to shine in first quarter of 2013

Realty Sector - to shine in first quarter of 2013

Pvt. Banks - to shine in first quarter of 2013

============ OPEN CALLS ============

# Please remember when I make special remark with any position then one should need to take care of that else you can make loss instead of profit.

# Be with strict SL and don’t hesitate to book even small profit if Nifty doesn’t shows strength.

Dishman - @118 for TG 130+ SL 107

DB Corp – @219 TG 240+ SL 201 (1-4 Week)

============ INVESTMENT BASKET ============

(Stock in this section is with view of 3 months to 1 year)

Mahindra Holiday – @334 TG 375+

Satyam Computer – @103 TG 130+

LakshmiVilas Bank – @105 TG 125+ (Active from 27 Dec 12)

============ HOT SHOT ============

Keep eye on following stocks, if Nifty shows strength then these stock can give you reasonable return in very short term –

Today’s MG Mantra –

Enjoy the ride.

Have a Profitable day – MG

Disclaimer –

1. I have shared my view as per my limited knowledge; please use your own skills to make a wise decision before execution of trade or consult your financial advisor.

2. Those that don’t have patience and are not willing to book loss also in cases don’t enter this market.

Morning Bells (31 Dec 12)

Good Morning Friends,

Today is the last day of year 2012, it was a good year for Indian stock market as Nifty climbed from 4700 to 5900 approx 25%. It was a spectacular rally in 2012 on the hopes of reforms and then on announcement of reforms.

Now this year to witness ground reality of reforms. So pace will continue to next trigger in the year 2013. So year 2013 could be a new bull market and would focus on some good stocks.

Second problem with retail investors is that they don’t have the patience. Patience is the key word. If they follow that, probably 2013 can give good returns. They have not yet missed the bus.

This week will remain focused on US Fiscal Cliff - Investors fearing a stock market plunge - if the United States tumbles off the "fiscal cliff" next week - may want to relax.

But they should be scared if a few weeks later, Washington fails to reach a deal to increase the nation's debt ceiling because that raises the threat of a default, another credit downgrade and a panic in the financial markets.

Market strategists say that while falling off the cliff for any lengthy period - which would lead to automatic tax hikes and stiff cuts in government spending - would badly hurt both consumer and business confidence, it would take some time for the US economy to slide into recession. In the meantime, there would be plenty of chances for lawmakers to make amends by reversing some of the effects. (MoneyControl.com)

If it is resolved then we will have an extremely good run from there and January should be extremely good. If not then we will have a small cut of possibly 100-150 points on Nifty.

----------- Year 2013 -----------

Metals, OMCs will remain in focus in first quarter of new year.

Cutting short to MBells to focus on growth i.e. to focus on individual stocks to make some profitable calls.

From New Year we are going to update P/L for both Billionaire Club & Blog (against Investment of 1L)

MARKET OUTLOOK –

Levels to be watched closely 5835 & 5785, both has good support while resistance seems 5950-5980

The INDIA VIX on NSE was down 0.11% and ended at 13.63 against 13.74 and FNO PCR is 1.07.

The rupee ended at 54.74.

S&P 500 (US) ended at 1402.43 down 15.67.

NIFTY OUTLOOK –

Nifty is in range of 5785-5835-5990-6040.

Resistance comes to 5922 - 5937 – 5959 and Supports comes to 5886 – 5864 – 5850 - 5785.

Opening seems flat and under pressure, then market go for volatility ahead of US fiscal cliff worry. Investors may prefer to sit on cash. 

STOCK OUTLOOK -

(Stock outlook needs to watch stock movement carefully and then one can bet after having a look, I tried to put related info which will help you in taking positions.)

Greaves Cotton –

Current Level - 79 and can perform better in the year 2013, for patience holders and people who are looking for steady growth can keep eye on stock.

============ OPEN CALLS ============

# Please remember when I make special remark with any position then one should need to take care of that else you can make loss instead of profit.

# Be with strict SL and don’t hesitate to book profit if Nifty doesn’t shows strength.

Dishman - @118 for TG 130+ SL 107

DB Corp – @219 TG 240+ SL 201 (1-4 Week)

============ INVESTMENT BASKET ============

(Stock in this section is with view of 3 months to 1 year)

Mahindra Holiday – @334 TG 375+

Satyam Computer – @103 TG 130+

============ HOT SHOT ============

Keep eye on following stocks, if Nifty shows strength then these stock can give you reasonable return in very short term –

Buy Lakshmivilas Bank around 106-107 for TG 125+ (positional)

Today’s MG Mantra –

Just chill and enjoy the eve, and lets hope 2013 will rock. Happy New year Eve.

Have a Profitable day – MG

Disclaimer –

1. I have shared my view as per my limited knowledge; please use your own skills to make a wise decision before execution of trade or consult your financial advisor.

2. Those that don’t have patience and are not willing to book loss also in cases don’t enter this market.

Morning Bells (28 Dec 12)

Good Morning Friends.

Never get discouraged, when your first few attempts fails, its often the last key in the bunch that opens the lock.

Finally most hyped Dec 12 expiry ended lower 35 points and Nifty settled 5870. Nifty stuck in tight range for whole month and as guessed it find hard to break major resistances 5930-5950-5990. It was a good positive start with 20+ points but soon after it went down and stuck in narrow range, then around closing time investors prefer to sit on cash ahead of US Fiscal cliff meeting.

Today fresh series is going to start which many feels full of promises with boost from RBI for rate cut hopes but as told the only thing can not pull market, it also need some ground level activities.

So today, there’s nothing much to say about fresh series, its just beginning of series and today is Friday, better to sit on cash and wait for breakout either side to take fresh positions.

The Reserve Bank y’day said it will pump in Rs 8,000 crore in the market on December 28 by buying government securities to ease the liquidity situation. RBI decided to conduct Open Market Operations (OMOs) by purchasing government securities for an aggregate amount of Rs 8,000 crore on December 28, 2012," RBI said in a statement. It could give strength to market.

MARKET OUTLOOK –

Levels to be watched closely 5835 & 5785, both has good support while resistance seems 5950-5980

The INDIA VIX on NSE was down 2.55% and ended at 13.74 against 14.10 and FNO PCR is 0.80.

The rupee rose 0.16% and ended at 54.93 than its previous close of 54.85.

S&P 500 (US) ended at 1417.50 down 2.33.

NIFTY OUTLOOK –

Nifty is in range of 5785-5835-5990-6040.

Resistance comes to 5912 - 5954 – 5978 and Supports comes to 5846 – 5823 – 5780.

STOCK OUTLOOK -

(Stock outlook needs to watch stock movement carefully and then one can bet after having a look, I tried to put related info which will help you in taking positions.)

RCF –

The Cabinet Committee on Economic Affairs today approved the disinvestment of 12.5 percent.

============ OPEN CALLS ============

# Please remember when I make special remark with any position then one should need to take care of that else you can make loss instead of profit.

# Be with strict SL and don’t hesitate to book profit if Nifty doesn’t shows strength.

Dishman - @118 for TG 130+ SL 107

DB Corp – @219 TG 240+ SL 201 (1-4 Week)

============ INVESTMENT BASKET ============

(Stock in this section is with view of 3 months to 1 year)

Mahindra Holiday – @334 TG 375+

Satyam Computer – @103 TG 130+

============ HOT SHOT ============

Keep eye on following stocks, if Nifty shows strength then these stock can give you reasonable return in very short term –

Buy Lakshmivilas Bank around 106-107 for TG 125+ (positional)

Today’s MG Mantra –

Look for breakout or breakdown. Its Friday and Nifty is already showing weakness. RBI move can give some strength.

Have a Profitable day – MG

Disclaimer –

1. I have shared my view as per my limited knowledge; please use your own skills to make a wise decision before execution of trade or consult your financial advisor.

2. Those that don’t have patience and are not willing to book loss also in cases don’t enter this market.