>Daily Market Preview (MARWADI FINANCIAL)

● Strong market upmoves (close to 6%) in the last 2 days in domestic indices indicate that March may not see the much feared extreme distress and new lows. The F & O internals also suggest the underlying support for the market at the 2500 Nifty level.

● We feel Nifty in the near term could see further gains upto 5%. Robust market trajectory that has sustained for the last couple of days globally emboldens us to recommend a positive look at stocks. We advice to hunt for bargains and invest currently 20-25% of your investible corpus.

To see full report: MARKET PREVIEW 16-03-09

>Daily Technical Report (MARWADI FINANCIAL)

Wall street consecutively perform in good rally, Asian market also trading in positive range due to optimism stimulus will revive growth. Since last two trading session we seen the good rally in domestic market also and we expect that the rally may continue for short time. So it is advisable to book some amount of profit at every higher levels. Again the inflation numbers is continuing in southwards direction so it is good sign to developing economy. Now onwards we have to seen, how central bank manages unnecessary volatility in the currency, and it is required to stabilize the currency rate. Power Finance company also get good amount of liquidity to further finance the project as well as execution the project, keep watch on that counters.

On technical note today market open with positive note and after positive opening it will take volatile mode so intraday trader we recommend to trade with positive bias. In morning session market open with marginal positive note, so wait fro the conformation of the trend to take long view. Again the investor have to book profit in good market and wait for lower levels buying.

Today Sensex trade in the range of 8930-8620 And Nifty in the range of 2775-2670

To see full report: Technical Report 16-03-09

>F&O Daily Open Interest Report (MARWADI FINANCIAL)

To see report: OPEN INTEREST REPORT 12-03-09

>Daily F&O Report (MARWADI FINANCIAL)

To see report: F&O Report 12-03-09

>Daily Market Preview (MARWADI FINANCIAL)

# After massive sell off last week equities seem still to be a riskier asset and so we expect de-leveraging to continue. In absence of any major trigger in short term, we feel that Indian markets will trade in narrow range with upside capped.

# We might see some technical bounce back on the back of short covering, but it will be hard to sustain its recovery. We suggest staying away from taking any fresh position.

To see full report: Market Preview 090309

>Daily Technical Report (MARWADI FINANCIAL)

TECHNICAL REPORT

Wall street closed on flat, Asian market falls led by banks on capital concern. Last Friday we saw some sort of short covering from oversold territory. Again the inflation is at lower levels, is a good sign to Indian economy. Now onwards we have to seen the effects of the stimulus major and how effectively implement is a matter of concern. Macro economic picture is also played an important role for further market direction.

On Technical note market looks today open with marginal negative note and after negative opening it will take volatile mode. We continue to recommend to trade with caution approach, intraday trader have to wait in morning session and after conformation of the trend make fresh position.

Today Sensex trade in the range of 8485-8185 And Nifty in the range of 2670-2580

To see full report: Technical Report 090309

>Daily F&O Report (MARWADI FINANCIAL)

To see report: F&O Report 09-03-09

>Daily Market Preview (MARWADI FINANCIAL)

MARKET PREVIEW

* The rate cut will boost positives of global markets. The RBI has done the final act - one more round of rate cuts and we feel that this move is continuation with fiscal & monetary imperative to bolster sagging economy. But it’s still uncertain when Demand cycle turns upward and
downward growth is captured.

* Indian markets are expected to be in recovery mode as world markets also rallied smartly from their much oversold territory. The narrowed discount on the Nifty shows some sign of short covering and we believe that markets to move upto 2700. Accumulate Metals, Banking, and FMCG stocks

To see full report: Market Preview 05-03-2009

>Daily Technical Report (MARWADI FINANCIAL)

TECHNICAL REPORT

Wall street snaps 5-day losing streak, Asian market up as china’s wen pledges increased spending. Reserve bank fulfill the much awaited reduction in Key policy rate, both Repo and R-repo rate cut by 0.5%. From this decision we expect that the liquidity situation, especially in PSU bank is increase. Further loan rate cut and lending increase from this levels. Housing and other interest sensitive sector get the benefit from this decision, and provide some base to create to demand. So this is allover good effects to Indian economy and stabilization of currency, that is good sign to Indian economy.

On technical note we expect market open with positive Gap and through the day will remain in positive territory. Today especially banking counters and interest sensitive counters looks attractive so concentrate in that segment. Intraday trader it is advisable to make fresh position after conformation of the trend and in morning session open with Gap up but it may consolidate further so wait for that consolidation and after it is recommend to make fresh position.

Today sensex trade in the range of 8475-8345 And Nifty in the range of 2670-2630

To see full report: Technical Report 05-02-2009

>Market Preview (MARWADI FINANCIAL)

MARKET PREVIEW

* The sellers are on rampage and equities are testing multi year lows. The surge in VIX indicates more sell-off to come and Indian markets are also looking very weak as economy has also become vulnerable in the wake of global slow down and huge FII outflows. The sharp contractions (16%) in export and rupee at 52 are worrisome. However there was some respite in the reported healthy auto sales numbers for the month of February.

* We advice to postpone buying and to buy out of money index put option for any eventuality of new lows in the month of March series. Crucial level on the Nifty would be 2700 on the upper side.

To see full report: Market Preview 03-03-2009

>Daily Market Preview (MARWADI FINANCIAL)

MARKET OUTLOOK

Reliance Ratio Key, Markets groping for trend…

* The surprise move announced by Mukesh Ambani controlled RIL to merge RPL with itself will have lot of bearing on the market and the merger ratio to be known by 10 AM, will set the course for the day. Cancellation of treasury stock would also be a crucial decider.

* World markets are in a major downtrend and are trading below key support levels and are highly oversold. We would advice against shorts even suggest hedging of shorts. Also recommend very selective buying based on deep values. Crucial level to watch would be 2660 for Nifty on the downside.

To see full report: Market Preview 2-03-2009

>Daily F&O Report (MARWADI FINANCIAL)

To see report: F&O Report 2-03-2009

>Daily Market Preview (MARWADI FINANCIAL)

MARKET OUTLOOK

* The Indian Federal Government seems to be at full action (through interim policies) to revive the economy. The sops and incent ives announced in the past few days for the industry as well consumer will definitely have positive impact in times to come. It would be crucial to watch quarterly GDP numbers during the day.

* We expect market to hold on its gain on the back of smooth rollover and short covering witness on the settlement day. However 2800-2820 will be crucial resistance for the market. We are positive on Auto, Cap-goods and FMCG sectors.

To see full report: Market Preview 27-02-2009

>Daily F&O Report (MARWADI FINANCIAL)

To see report: F&O 27-02-2009

>Daily Market Preview (MARWADI FINANCIAL)

MARKET PREVIEW

#Mayhem continues and world markets are sinking with increased volatility (VIX at 50+). We believe that there can still be more pain in Indian markets too as these are times of adjustments in the deteriorating economic scenario and hence lower P/E band.


#We feel Nifty may see some short covering at around 2650 level which is expected to be short lived. We therefore suggest being on cash and selling Index on bounce to hedge the portfolio.

To see full report: Market Preview 24-02-2009

>Daily F&O Report (MARWADI FINANCIAL)

To see report: F&O Report 24-02-2009

>Market Preview (MARWADI FINANCIAL)

# The stimulus measures taken in last few months seem to be working in
India as there have been some early sign of pick up in economic activity
both on rural as well as industrial side . But by no mean we can say that
it’s a bottoming out of economic slow down as there are still some
stress areas such as export, job markets and credit-flow.

# We believe that continued FII selling and down turn trend in overseas
markets will put pressure on Indian equities and market can still be in a
narrow range of 2700 -2840 with negative bias.

To see full report: Market Preview 20-02-2009

>Daily F&O (MARWADI FINANCIAL)

To see full report: F&O 19-02-2009

>Daily Market Preview (MARWADI FINANCIAL)

MARKET PREVIEW

# The global economy gloom is taking heavy toll on equities, as they
tumbled 3-4% yesterday. Sell off in Indian markets continued after
Monday debacle on recession worries. We believe that Indian
economy has inherent strength to bounce back faster than other
economies. However, there are concerns in the short term.

# We suggest to avoid trading as markets have broken key support
levels. We reiterate that markets are at accumulation level for long
term investment. Watch for crucial support level of 2700 on Nifty.

To see full report: Market Preview 18-02-2009

>Daily F&O Report (MARWADI FINANCIAL)

To see full report: F&O 18-02-2009