Market View: 3-7 Sep 2012

Filed in Abundance by on September 3, 2012 0 Comments
Week 3-7 Sep 2012
Market This Week NIFTY got some relief on fresh hopes that GAAR rules may not be implemented in the next couple of years. Jackson hole did not give a clear roadmap on the Europe crisis. The market reacted to re-evaluated GDP figures on Friday. Some sort of volatility was seen last week but despite all this it was a good week for us. 5 recommendations hit the target. We are bullish on the markets because no matter what happens, the market is driven by liquidity and for the Indian markets money has never been the problem. FII’s made a lot of buying to the tune of $2 billion in August. When liquidity pours in, stocks move and we pick the best ones for you doing all the necessary checks. As long as the markets have liquidity we are bound to make money.  This week and the entire month of September would be an average one with very few triggering events like the ECB meeting happening this week. For this week the market would be in the range 5150-5400.
FII Inflow
Sr.No Reporting Date Net Investment (In Crores)
1 27-Aug-2012  339.10
2 28-Aug-2012 632.20
3 29-Aug-2012 168.50
4 30-Aug-2012 414.70
5 31-Aug-2012 2501.10
Strategy For The Week
  • You are likely to get only BUY calls. Hence trade only if NIFTY is above 5200.

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