Market Outlook Feb 11 2011

Dear marketplus Readers ,
we are highly pleased to recieve such a volume of mails enquiring about the lack in updates of posting . Honestly from the Day 1 we tried to ensure the followers fo this make good money out of market and to ensure that target is acheived our team had been Providing profitable techncial tips under favourable market conditions , and all our readers got benefitted.

We had been advicing this fall since last december and then in january , we anticipated the fall of Nifty to 5200 ,5100 level when the Nifty was trading above 6000 levels . Our team felt this was not favourable conditions to make money from investments hence no buying calls were provided since Jan 31 . we are happy to say that this was a wisefull decision taken as market did nose dive from 5800 level to 5200 currently and one who would have been invested would have lost much money.

Again we have been frequently asked why dont we provide shorting call. And for that we can simply say , sortin the market or stocks is good situation for Traders and any investor struck in this situation would have nightmarish situation. Our idea behind this intiative of marketplus was to ensure we add value to the investors who do not have technical knowledge or advantage of stock market . And sorting is risk which we do not sell for these investors.

On The current situation , On feb 10 Indian equity benchmarks closed the session lower for the third consecutive day amid an extremely choppy trade on Thursday, led by a fall in heavyweights like SBI, Reliance Industries, Infosys, Bharti Airtel, BHEL, HDFC, Wipro, TCS and HUL.

The Nifty touched the 5200-mark during the day for the first time since June 14, 2010. It fell 27.75 points or 0.53%, to end at 5,225.80 after trading in a tight range of 5210-5250.

Now we feel one should start investing in good blue chips stocks in small quantities , we do not rule out a possibility of 100 points loss on nifty from here but we feel 5200 and 5100 is a very good level to be in market .

ADAG group shares looks undervalued had been beaten down heavily. we see value at the current level

ADAG group

Rpower
Reliance Infra
Rcom

Oil & GAS

ABAN offshore
BPCL
GAIL
Cairn


And finally for all readers .. Happy investing we would be trying to put in good scrips that adds values to your portfolio.

Building your wealth consistently

PRIS TEAM

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