WelcomeWe, at Perfect Investment are committed to help you grow your money. We intend to guide you make money either as a short-term trader or as a long-term investor or both. We are dedicated to give you informed advice regarding your investments, primarily in equity (Cash), based on serious study and market condition. If you are a short-term trader our advice is based on studies done mostly through technical parameters. This is because we believe, in the short run, prices of financial securities change chiefly on technical grounds. However, if you are a real long-term investor, the opposite is followed. Here, our advice is based on mostly on fundamental parameters while the timing of such an investment may be guided by technical factors.We have observed that when an investment idea gets the support of both fundamental and technical factors it tends to perform brilliantly. We have seen this to be the case in numerous instances. Thus, we intend to combine both to help make money in the market place. Unless you are a very short term trader you can't ignore fundamentals while nobody other than a very long term investor can ignore the efficacy of technicals. We collects all the data, news from the various modes/mediums available such as print & visual media, various websites etc. We provide you all the data & investment calls free of cost. Thus, we welcome your good or bad words, suggestion, queries, success stories, donation if our site help u in any ways or in making money/profit. At last, we thankful for those who donate us for the development of this site & providing us financial aid. With Warm Regards,Perfect Investment Team. Market Today (4th Jan 2010)Today's Market PredictionIn US light news flow and a poor turnout left stocks to trade in lackluster fashion for most of the session, but some late pressure caused stocks to close at session lows and conclude the year on a weak note. Still, stocks settled only slightly below their 52-week highs with strong gains for the year. As has been the case all week, participants had few cues for trade this session. Of the few headlines there were, little reaction was made. The latest dose of data featured initial jobless claims for the week ending December 26. Initial claims fell 22,000 to 432,000, which is less than the 460,000 initial claims that had been expected.
Participants shrugged off the better-than-expected jobless claims numbers, but gave focus to the dollar, which had offered early support for stocks with a 0.6% overnight loss against competing currencies, but later weighed on stocks as it recovered to finish with a 0.1% gain. The Dollar Index closed the month with a 4.1% gain, but finished the year with a 4.1% loss. The dollar's doldrums this year helped prop up commodities prices and gave the CRB Commodity Index a 23.5% annual gain. The CRB closed this session with a 0.1% loss, though.
Mixed opening Of Asian markets will leads Indian markets towards volatile, sluggish & choppy market session today, market are above 5200 levels & if holds 5200-5220 levels today than upside target is 5300-5350 in next 4-6 trading days, we said earlier below 5100-5150 there will be bearish rally, market facing profit booking at its strong resistance @ 5220, now 5150 & 5100 is key support for nifty below this we can see nifty trembling, below 5100 cut all long positions & trend reversal is on cards, above 5250 nifty can touch 5300-5350.
Market highlights:
- GDP in the September quarter is grew by robust 7.9%.
- RBI raised SLR to 25% from 24% earlier, all other key rates kept unchanged.
- Surprisingly IIP data for the Aug 2009 went up 10.4%.
- Inflation numbers is 0.92% now.
- Auto industry posted impressive sales figures for the month of Aug due to declining interest rates for car loans.
- Growth rate accelerated for the 1st time since 2007.
- Crude oil is almost steady.
- Rupee weakens against dollar.
- Positive news are now triggered both from global & domestic end.
Today market will trade in highly volatile manner all day with positive bias, short selling could cause market to loose some gains at end if market does not holds 5200-5220 levels, market will face strong profit booking near 5220 levels but if market holds this we can see 5250-5270 levels, there will be confirmation of trend reversal (bullish) above 5150 we said earlier & vice versa, market should hold 5150-5100 levels to avoid any panic selling, opening of European markets will influence closing of our markets.
Nifty & Sensex will facing huge resistance near 5250 & 17700 respectively, 5120 levels in nifty is necessary to be hold to avoid bearish trend.
A flat to positive opening of 10-30 points in NIFTY possible today.
=>BSE would open 17500 - Range 17250/17700 - closing expected near 17500
=>Nifty would open 5210 - closing expected near 5200
Nifty Pivot Today: 5197.2R1: 5225.68
R2: 5250.32
R3: 5278.78 | S1: 5172.58
S2: 5144.12
S3: 5119.00 |
Avoid any fresh trade, market will go either ways, market is due small correction again, probably 10-15% so trade accordingly. So exit from fundamentally weak stocks, you may get chance to buy them @ lower cost.
Advise to traders & intraday - Keep booking profits at comfortable levels, trade in small lots, don't take risk too much, don't wait for too long, Strictly use pivot method to trade.
Advise for investors - Don't be in panic, now no huge downfall expected, start investing for long terms in every dips.
All decisions of buying & selling are at the sole discretion of the subscribers/visitors. The recommendations are based on Fundamentals of the companies, Technical Indicators & charts etc methods which change as the markets are dynamic and we are not liable for any loss that could occur as a result of our recommendations.
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