STOCKMARKET360

Get Top latest market news, Stock Market Views, Stock Market Updates and analysis on stock, derivatives, commodity and IPO markets. Get all Stock market news, BSE, NSE, Sensex Nifty, world markets, Indian markets, stock recommendation, Dalal Street, Day trading, futures, options, SEBI, market news, Business and other Financial News.

DO YOU THINK INDIAN STOCK MARKET WILL CONTINUE THIS RALLY ?? IF YES THEN WHY???

bull market

As we can see that major world market’s are trading at there life time high levels and Indian stock market is still little bit away from its life time high levels. still there are difference of opinion with regards to market trend. many analyst are thinking that market is still high volatile and investing at higher level is high risky and some are prediction that market will still continue this rally and we may see life time high coming soon. In such condition retail investors are highly confused with there investment and they really don’t know is it right time to invest or not in a market.

to get help with your problems and views we are listing some points in your notice.

1. rally on expectation and good economic data.

For the first time in 41 months, inflation has eased into the comfort zone, paving way for more flexibility in monetary policy. On the domestic front, with oil, gold and industrial commodity prices weakening has led to WPIslipping below the 5% level mark. RBIGovernor has indicated that he would consider falling inflation while deciding oninterest rates in the bank’s next policy meet raising market expectations for further interest cuts. 

“We expect another 50-75 bps cut in the rates during the course of the year. Monthly Diesel price hikes – seen as biggest reform in oil sector would further ease investor concerns on the fiscal deficit front,”

2. Q4 FY13 corporate earnings have been better than analyst estimates:

With only 2 out of the 15 companies in the Sensex having missed the analyst estimates (Bloomberg consensus), the corporate performance has been far better than Q3FY13 where 43% companies missed estimates and 40% missing estimates in first 2 quarters. 

“The industry would see margin expansion in the coming quarters as the input prices are softening. Benefit of falling interest rates would start reflecting in the corporate performances in the 2nd half of the calendar. Government is also putting efforts in getting stalled investment projects moving and kick start the investment cycle

3.  IMD has projected normal monsoon:

IMD has projected monsoon for the season at 98% of LPA with +/- 4% error. This would benefit the agricultural sector and help containing food inflation. 

“Moreover the indirect stimulus in form of election year would also aid the overall economy. Roughly, Rs 1 lakh crore would be spent by the government and candidates for the election. Also, the government typically announces sops in the election year and refrains from the politically suicidal decision

4.  Part of the Speculative money in Commodities to shift to equities

With the “Risk on” rally continuing in the global market and the speculation in commodities broken, part of the speculative money from commodities is shifting/would shift to equities which are seeing new highs. A proportion of the same could pour into EMs with India benefiting from the shift in the trend.

as far as above reason’s concerns we can clearly identify that current market is rallied due to current economic development and good data in this quarter. and market still continue to bet on positive market trend.

technical study of market trend –

As far as technical research concern market has already given a long term buy signal at 5100 level and from there its has given rally till 6100 at this level we had seen some profit booking and this lead to correction till 5480 level which is almost 50% of the previous rally. 

after completing this correction market continued its up trend and able to make some new recent high till 6200 level. its clearly tells us that market is technical strong on charts and will continue its rally till 6300-6700 levels also.  we can expect any correction at any point of time in market but this correction will not be consider as a  downtrend in a market and we assume that all investor, traders and trend followers should wait for proper selling signals on chart and without confirmation taking or deciding market direction may lead for losses at extreme tops and bottoms.

 

Updated: May 18, 2013 — 9:16 am

Leave a Reply

Your email address will not be published. Required fields are marked *

STOCKMARKET360 © 2017