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[TradingTips123]

Remember, when i said yesterday, that small jumps will lead even more bigger fall. I still stick to it and dare to put my neck out and shout
"We are heading towards 12000 at sensex and 3900 on Nifty"!

Negatives that will drag market today!

US markets closed sharply lower. The Dow plunged 358. 41 points, more than 3%, to close at 11,453. 42.  The Standard & Poor's 500 fell 38. 82 points, about 3 percent, to 1,283. 15, and the Nasdaq composite lost 79. 89 points, or 3. 3%, to 2,321. 37. 

Asian markets trading weak, all in read, with 2-3% cut.

Crude again houvering at 140 USD/Barrel, with gain of amlost 5% in one day

Our old problems, concerns stay as it is and possess a threat.

We will see some kind of profit booking

Eyes will be again at inflation number, which will be above 11%.  Though it will not matter much for us today.


Positives:

See no pointers to give strength to the market.  Some group of people will even buy at this level, with optimism that we have bottomed out.
But remember, It's not over yet!

Clues for Indian Markets
Global cues are negative and we can see 2-3% downfall.  Market will remain extremely volatile.  There will be less participation from
investors. Situation can even quite stabilize if European markets open flat or higher. But that's not going to happen. Seeing Big downfall in US markets, there are no great expectations from European markets.

Tips for today!
My advice for today !
"Dont put your ship in Cyclone, thinking that it can take me in either way! You can be wrong.  It may not take you to nowhere, but can sink your ship.

Keep patience my friends ! and stay away from markets today!

[TradingTips123]

June 27 :Bears Overpowering
The sentiment continues to be bearish and outlook for Month of July is as usual dreary
Nifty has already lost almost 15% in month of June, hammering Real estates, Banks and Auto stocksMetal stocks are also weak. Nifty must close above 4350 to alarm short sellers otherwise, it goingto slip further

Dow has fallen 20% from it's October 2007 peak and now officially in bear market. It is also predicted that dow can slip even below 10000 mark in coming months

Apart from that Inflation for week ended 14th June 2008, soared to 11. 42% and which is going to remain highfor quite few months.

Last week, Sensex and Nifty tumbled down by 5. 28% and 4. 85% and gave the lowest close of last 13 monthsIn this week, sensex tried to recover those losses , but lost more than 600 points on Friday (27 June 2008)and That indicates that Bears are overpoweing Bulls!

NSE-50! 4,137 (-179) Top Gainers Jun 27, 2008 (Close) CAIRN INDIA 275. 10 1. 20% , DR. REDDY 657. 25 0. 07%
Top Losers NALCO 334. 40 -9. 84% , TATA MOTORS 444. 35 -8. 94% ,WIPRO 440. 70 -8. 69% , HDFC 2,052. 40 -8. 22% ,BPCL 247. 75 -8. 12%

BSE-30! 13,802 (-620) Top Losers TATA MOTORS 449. 10 -8. 24%, HDFC 2,052. 70 -8. 15% ,WIPRO 442. 60 -7. 78% , REL.  INFRA 886. 50 -7. 72% M&M 510. 60 -7. 61%

Market savoured none and took it's plunge on all sectors, with almost all sectors closing around 5% cut.  Worst hit stocks are from Banks, Auto and Real Estate.

FII's are continuously pulling out money and they pulled out net -919. 30 Cr of money in this week, taking it's toll to -9604. 20 Cr for this month. It makes us cautious and force us to think that still gloomy days are ahead