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Indian indices are expected to continue their winning streak this week on the back of renewed buying interest from foreign institutional investors and encouraging US jobs data, but the fag-end of the week may see some profit-booking by investors, say analysts…. Read More  http://bit.ly/yvvMDn

FUSE SCIENCE, INC (PINK:DROP) penny stock went up by 8.86% to close at $0.43 with overall traded volume of 2.07 million shares in the last trading day as compare to its average volume stood at 3.64 million. The company (penny stock) touched the day high of $0.46 and low of $0.41. Its total market capitalization arrived…. Read More  http://bit.ly/x9cENr

MUMBAI (Reuters) – The BSE Sensex dropped on Monday, led by banks and energy conglomerate Reliance Industries , after a slew of sovereign rating downgrades in Europe dampened risk appetite globally and doused expectations for foreign fund inflows. The losses were held in check by expectations for a sharp drop in inflation, which could pave the way for the RBI to ease monetary policy when it meets on January 24 after two years of tightening, traders said…. Read More   http://bit.ly/wu4Lyf

Make use of dips to buy the stock while maintaining tight stop-loss at Rs 188 levels.Fresh short position can be initiated with stiff stop-loss if the stock fails to move above Rs 790 levels.The near-term outlook stays bullish as long as the counter trades above Rs 1,130 levels. We re-state our buy recommendation in the stock with stop-loss at Rs 1,130 levels…. Read More   http://bit.ly/yaHwUA

On economic data front, weekly claims for unemployment benefits gained more than expected, climbing by 24,000 to a seasonally adjusted 399,000, the highest in six weeks. Meanwhile, retail sales rose a disappointing 0.1% in December, the weakest pace in seven months. Businesses inventories gained 0.3% in November. The key data to watch out for in US today consumer sentiment index is expected to rise to 71.5 in January. Also the international trade data is expected to contract to 45 billion dollars…. Read More  http://bit.ly/x6RZOc

Consider 10 minutes plus and minus in each prediction, and act accordingly. Ganesha advises you to compare every prediction with the prediction of the previous time slot.Thanks to Ganesha’s blessings, we have written and compiled the book Market Predictions 2012, which contains the larger overview for the year 2012. You can click on the given link to order this extremely useful book Book-Order-market.jsp Dear friends, the first time slot given in the book Market Predictions 2012 has just gotten completed. You will be able to see how accurate it turned out to be, if you already have the book… Read More  http://bit.ly/wPdcGp

Positive global cues, Moody’s upgrade of India to investment grade and a good start to the earnings season with IndusInd Bank’s net profit going up by more than one-third, all contributed to the benchmark indices going up on Tuesday,” said a dealer from an Indian brokerage…. Read More  http://bit.ly/vZ16JF

NEW DELHI (Reuters) – The BSE Sensex rose on Wednesday but trading was choppy with investors cautious ahead of quarterly results that are expected to mostly show slower earnings growth. By 10:37 a.m. (0507 GMT), the benchmark 30-share BSE index was up 0.17 percent at 16,193.24 after falling into negative territory at one stage, a day after rallying more than 2 percent. Fourteen of its components rose…. Read More   http://bit.ly/w10D1a

The markets ended the first week of 2012 with a gain. However, the entire gain for the week came on the first trading day of 2012. The rest of the short week was sideways action. This sideways action is known as bullish consolidation and likely will lead to more upside. On Monday, watch for news out of Europe…. Read More   http://bit.ly/zQrtGH

The second stock which can be looked at is National Fertiliser Limited (NFL), but I don’t think that NFL can get qualified for divestment in this new mechanism which has been cleared by SEBI. That’s not in the top-100 companies in terms of market capitalisation, which is low. So sometimes, you get caught on the wrong-end in this euphoria…. Read More  http://bit.ly/yNfkXq