Recovery on way

Market seems to be in recovery mode. MM figures are slowing turning towards positive side.

Stocks to wat on BSE
SEl Manufacturing
Punjab Lloyd
Sterling Biotech

Stocks to watch on LSE
AKT

LSE - Stocks to Watch

MONY
HBOS

LSE

Stock poised to bounce
Vodafone

Stock to rally further
BGC

Singh is King

Indian Govt has won the majority vote by a narrow margin. Market was expecting this and has already priced in this news in last 4 sessions. Market is up more than 10% in last 4 days.

Now political uncertainty is out of the way, issues like interest rate, inflation will weigh on the equity prices.

MM numbers are improving which is good sign. Next fews days would be crutial to see if market can hold on to gains. Banking sector is the one to watch.

Stocks to watch
Cipla
Punjab Chemicals
United Spirit
Maruti

BSE - Political uncertainty?

22 July is very critical for ruling government, country, stock market and economy. If the government looses the confidence vote, many projects will be shelved which is bad news for the economy and the market. However if they win, things will gain pace and it could be completely different story....

LSE - Start of New Rally?

...may be. Too early to say that. The ratio's are turning postive. Financials and house builder stocks have rallied on back of postive earnings news and falling oil prices. Currently market is so volatile that it takes one bad day for oil for these stocks to loose all gains. Some of the housing stocks have doubled in less than one week. They may under go a minor pullback at that stage before they continue the next leg.

Stocks to watch (for bounce)
BVLN


Stock to watch for further rally
ADN
AMS
BGC
DCA

Fear and Investment

In a falling market, an invetsor needs to keep his cool and make rational decision while investing. I came accross this very good article on Fear and Investment by financial journalist Tom Stevenson.

Stocks to watch

BSE
Ranbaxy


LSE
ICAP - Earnings news
Trinity Mirror
DDC
BKY
Arriva

Bounce expected...

BSE MM is showing extreme reading which means a bounce is imminent at this stage. However there is little clue if this will sustain. So stay clear as of now.

Stocks to watch
HDFC bank
Ranbaxy labs

Market Update

Market remains volatile. BSE ended low after all ups and down.

LSE rallied helped by M&A news.

Stock to watch for - ITV : possible candidate for takeover.
Playtech - new contract.

LSE Market Update

LSE is now in bear zone. FTSE is down 20% from 12 months. This by defination is bear teritory. Being on the sideline is safe bet. Also market monitor is in red zone.

Stocks to watch for rebound
Aveva
Thomas Cook

Stocks that may rise
EBT China
Experian

Stocks that are highly like to undergo some correction(possible short)
All house builders - some of them have rallied 50% in last 2 sessions.

BSE Update

A reflex bounce today, closing short positions and bargain hunters out, falling oil prices and political unstability already priced in. However things will be different tomorrow. Dow is down 2% today and this will have its effect on BSE.

Stock to watch : Godrej industries.

Market update

Market seems to be improving slowly. MM reading are still in red.
There are no signals for BSe

For LSE, stocks to watch are Stagecoach (earnings), Arriva and First group. With rising oil prices these companies earnings are expected to improve as more people will take to public transport.

LSE Market update

MM is in red zone. Though 3 months and 1 month are showing extreme reading so expect some bounce at this stage.

BSE Market update

Market is still in red zone. It is too early to say that market has bottomed out. 65 days is showing extereme reading. so some bounce at this stage is likely. Time for day traders to make some killing. Long term and persioner, sty away.

Stocks to Watch
EP: Alstom, Godrej Ind,
DT: Orchid chemicals

MDT: Ranbaxy, Orchid Chemicals

LSE Market Update

Market is in red zone. A short term bonce is likely but medium to long term, it is bearish.

Marks and Spencer - likely to bounce.
Netplay
Chromex mining
Informa
Astrazenca

Bullseye!

As expected, there was a reflex bounce on BSE. But looking at the market monitor, there is not much conviction behind the rally. So chance of rally failure are highly likely unless we see follow through days in next 3 to 5 days. It is too early to say that market has bottomed out.

Stocks to watch
Tata power
Gwalior Chemicals
Jindal Drilling and Industries
Lupin Chemicals
Satyam Computer Service
Mastek
I-Flex

BSE Market Update

Market has deteriorated to such a level that a reflex bounce seems imminent at this stage.

There are no stocks to watch due to poor market market conditions