Rebound

Stock markets around the world rebound...this was highly expected after the Govt intervention over the weekend. However the weak economy concerns are still there....so you have to trade very cautiously in this uncertain time. Don't get carried away by today's move....such moves fade away very quickly. What was lacking today was volume....

Some high volume stocks on BSE
TCS
SBI
L&T
ICICI
Punjab LLyod
India Bulls real estate

Some high volume stocks on LSE
RIO
AAL
XTA
SSE
SVT
BLT
NXT
UKC
GOO
VED
NG
ANTO
TUI

As you can see, most of the stocks on LSE were energy stocks and defensive (Utilities stocks). No clear leader yet. Looks like this rally will fade away soon. Stocks are just gaping up after recent fall. Wait for good opportunity. There is no clear direction yet.

Market back in green zone

Last 3 days have been very good. Low oil prices are helping to push the market up. Both BSE and LSE are in green zone.

Stocks to Watch on LSE
Greene Kings
All house builders - Persimmon in particular
Inchape
Ashtead group

Stock to watch on BSE
Bank stocks - HDFC in particular

Stock Picks

Some growth stocks to pick in current volatile market

LSE
--------------
Cobham - Defence, US focused
G4S - security related, good earnings
Arriva - public transport, earnings on rise as more people use public transport, won major cross country contract earlier this year.
Cairn Energy: major oil exploration in Rajasthan India, will benefit from hig oil prices.

BSE
----------------
ONGC - Buying Imperial
Infosys - buying Axon
Tata motors - Soon to roll out Nano - worlds cheapest car
HDFC Bank - Fastest growing private bank.

Bullish rally

For BSE, MM has been in green for last 3 sessions. So it is safe to trade here as long as MM remains in green zone.

For LSE, MM is slowly edging towards green...

stocks to watch for
Travis perkins
Wolseley
Carillion
BSS group

BSE Stocks to Watch

KLG Systel
Union Bank
Trevini

Godfrey phiilps

LSE Stock watch list

Lonmin - Bid approach from Xstara
Hunting
Aquarius Platinium
Collins Stewart
Johnston press
Debenhams
Jar Llyod Thompson
Spirent Commication

Is worse over?

Last few weeks action seems to be suggesting that market has bottomed out and now is in rally mode. Some experts think that is bear rally however MM reading seems to be suggesting that this is turning out to be a bull rally. Figures have been turning to green slowly. Next couple of weeks will be crutial to support the current rally.