The markets have been on an uptrend since the start of the New Year. AK Prabhakar, Senior Vice President (Equity Research), Anand Rathi tells Puneet Wadhwa that he expects the markets to witness a steep fall post the Union Budget presentation in March.

The markets continued to rally for yet another week, driven by liquidity. The Foreign Institutional Investors (FIIs) so far this year have pumped in over Rs 15,000 crore.

Investors extrapolate likely future trends from past data. These estimates have an inbuilt error factor and varied timeframes. So, although the market leads the real economy, there is no hard and fast rule about the lead-time.

The markets continued to rally for yet another week, driven by liquidity. The Foreign Institutional Investors (FIIs) so far this year have pumped in over Rs 15,000 crore.

Kishore Narne, Senior Vice-President, Head (Commodity & Currency Research), Anand Rathi tells Abhishek Vasudev that he expects gold to test $1,800 in the near term.

Though the markets have gained considerable ground in January, Dipen Shah, Head-Fundamental Research, Kotak Securities tells Puneet Wadhwa that reforms and action on the fiscal deficit front can take them higher.

However, expect bouts of profit taking at higher levels.

The index hit resistance near 5,300. A major swing today would be between 5,125 and 5,400, though a range trade of 5,200-5,300 is more likely.

We see 2012 as a year for high rewards to risk ratio. Most investors look for 2:1 reward to risk ratio i.e. upside to downside. Given depressed valuations and sentiments, the risk to reward ratio is 3:1 in quite a few stocks at the current juncture.

Below mentioned are the intraday trading levels….

The Nifty is now more or less testing its major hurdle at 20-WMA (Weekly Moving Average) which is at 5,254. In case, the index manages to close above this on a weekly basis then the next logical target would be 5,400. However, failure to do so, keeps

Samir Gilani, Head-Equities, MAPE Securities spoke to Jinsy Mathew on the outlook for the equity markets, December quarter results of India Inc and the stocks he is bullish on.

Ridham Desai, MD & Strategist and Head of India Equity Research, Morgan Stanley tells Puneet Wadhwa that he expects a 15 per cent upside in the Sensex in the current year.

Below mentioned are the intraday trading levels….

The bulls were back with a bang as the Nifty surged over 2 per cent to 5,199. The index has once again closed on par with its 200-day DMA. However, the momentum oscillators at this point of time are indicating mixed reactions.

Nifty (5087) we said ‘technically the market is up but is also stretched on short term indicators and so I would trade long as long as 5160 holds’ the market unfolded as expected and broke the crucial support to close in the

Below mentioned are the intraday trading levels….

The much-awaited profit taking materalised in trades on Monday with the Nifty declining over 2 per cent in a single trading session. However, given the positive momentum the index is likely to find strong support at lower levels.

The correction yesterday may continue.

The Nifty saw a correction yesterday after it hit resistance near the level of the 200 Day Moving Average (DMA), above 5,200. If this downtrend continues, it could mean a reversal in the intermediate term.