Stock Market Predictions

Prediction given (before 1-2 days) on Sunday 05:10:2014
Indian stock market, intraday movement and affecting factors. (about) Tuesday 07:10:2014
Key Predictions:

  1. Opening Trend:
    • Slightly negative opening (10-15 points down).
    • Expected recovery and upside movement during the day, with resistance at various intervals.
  2. Sector-wise Performance:
    • Positive Sectors:
      Banking, finance, pharma, FMCG, infrastructure, agro products, power, oil & gas, metals, and realty.
    • Negative Sectors:
      Entertainment, education, healthcare, and hospitality.
  3. Nifty Range:
    Predicted range: 7905 – 7985.
  4. VIX (Volatility Index):
    Expected lower, indicating reduced volatility and more stable trading conditions.
  5. Global Market Cues:
    • European Markets: CAC and DAX positive.
    • US Markets: Nasdaq positive.
    • Asian Markets: Strait Times, Kuala Lumpur, Hang Seng opening positive.
  6. Intraday Best Trading Timings:
    Specific time slots (e.g., 9:40–9:55, 10:05–10:09) were given for safer order execution, minimizing risk.
  7. Currency and Commodities:
    • Dollar/Rupee: Predicted stability for the Rupee and slight resistance on the Dollar upside.
    • Bullions (Gold/Silver): Expected price resistance and possible upward movement.
    • Crude Oil: Price expected to move up.
  8. Institutional Sentiment:
    Positive outlook for Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs).
  9. Government Policy and RBI:
    Government expected to maintain market stability, adding confidence to investors.

Best Stocks to Trade:

ITC, PNB, Tata Global, Jindal Steel, LIC Housing Finance, Tata Steel, UBL, BPCL were suggested as potential buys for intraday or short-term gains.