Mumbai, Jan, 1: Option statistics indicates a strong probability of Nifty passing 6,200 levels in the January amid buoyant addition in call option in last two days. Nifty January 6,200 calls added maximum positions on Tuesday alongside an increase in NSE’s volatility index or VIX, signifying buying action. 6,200 January call having 5,738,400 Open interest away from commanding the highest open interest among Nifty calls, compared to 6,000 call, which holds 4.5 million shares in outstanding positions, as of January 1, as per NSE data. Positions in put options on Nifty imply strong support at 5,800 levels. Nifty is on the verge of break out closing above 5965 may led abrupt move towards 6200 in near term. After the Fiscal cliff deal market has no breakers and FII allocation will further boost the market in coming days. .. niftytomorrow desk
Weekly planetary position: During the week, Moon will be transiting in Sagittarius, Capricorn & Aquarius. Lord Saturn & Mars in Libra. Rahu in Scorpio, Pluto in Sagittarius, Uranus in Pisces. Neptune in Aquarius. Jupiter & Ketu in Taurus. Sun in Leo. Mercury in Cancer. Venus in Gemini. Mercury will change to Leo on 29th August 2012.
FOLLOWING SECTORS WILL BE GETTING ASTROLOGICAL SUPPORT:
FINANCIAL sector will continue receiving astrological support. Buy HDFC, IDFC, Shriram Road Transport, Dewan Housing & Manappuram Finance etc at lower levels.
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It is imperative for the investors to follow the Dos and Don’t in general while dealing in the stock market. As there are attendant risks associated with it.
Given below are the Dos and Don’ts in general for investors who are dealing in Stock markets.
Always deal with the market intermediaries registered with SEBI / Exchanges.
Give clear and unambiguous instructions to your broker / agent / depository participant.
Always insist on contract notes from your Broker. In case of doubt of the transactions, verify the genuineness of the same on the Exchange website.
Always settle the dues through the normal banking channels with the market intermediaries.
Before placing an order with the market intermediaries please check about the credentials of the companies, its management, its fundamentals and recent announcements made by them and various other disclosures made under various Regulations. The sources of information are the websites of Exchanges and companies, databases of data vendor, business magazines etc.
Adopt trading / investment strategies commensurate with your Risk bearing capacity as all investments carry risk, the degree of which varies according to the investment strategy adopted.
Please carry out due-diligence before registering as client with any Intermediary. Further, the investors are requested to carefully read and understand the contents stated in the Risk Disclosure Document, which forms part of investor registration requirement for dealing through brokers in Stock Market.
Be cautious about stocks, which show a sudden spurt in price or trading activity, especially low price stocks.
Please be informed that there are no guaranteed returns on investment in stock markets.
Don’t deal with unregistered brokers / sub-brokers, intermediaries.
Don’t deal based on rumours .
Don’t fall prey to promises of guaranteed returns.
Don’t get misled by companies showing approvals / registrations from Government agencies as the approvals could be for certain other purposes and not for the securities you are buying.
Don’t leave the custody of your Demat Transaction slip book in the hands of any Intermediary.
Don’t get carried away with onslaught of advertisements about the financial performance of Companies in print and electronic media.
Don’t blindly follow media reports on corporate developments, as they could be misleading.
Don’t blindly imitate investment decisions of others who may have profited from their investment decisions.
Some brokerage firms deploy teams of high net worth specialists to assist their financial advisors in serving the wealthiest clients, who are bound to have special needs that the typical FA may not be adequately trained or equipped to serve.The appropriate people with whom to staff such positions can come from many disciplines within securities firms, and not just financial advisors.
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