market is in negative trend

As, I told earlier the market is looking negative.see my older posts.negative movement will continue.indian stock market is in negative mood because of the global cues, i.e global markets such as US,singapore,nikkei,hangsung were down.In china they are going to take some policy decisions this is what the reason for fall in hongkong stock market these global cues adversly affecting indian stock market also.Every year some correction is happening in indian stock market after filing the budget. sensex will go upto 16000 range in near term .nifty will go upto 4750 range.so becareful in this indian stock market.

stock market this week(Feb25-29)

As i told earlier in my posts the stock market is not at all looking good.Indian stock market is continuously falling because of lot of selling taking place in every rise,that's what the volatile movement continues.stay calm in this bearish market,otherwise one can take PUT options. if the downside movement continues Nifty will go down to 5050,4925,4835,4734.Sensex may come down 6 to 8% on Feb 28th or Feb 29. Reliance power announced bonus of 3 shares for every 5 shares held with investor's,because of this news you can see some spurt on Reliance power today(Monday).it will go up to 470-500 range during this range one can exit this counter and go for Siemens (Rs 1570).Record date is march 3rd to get bonus shares of 1:1.