Trading Advice

NIFTY is turning negative & volatile. Exit from intraday buy positions. But don't go short. No stock is given proper sell signal. Selling only possible once NF falls below 3600

Share Tip 1

Buy ORIENTBANK above 137.10. Target - 141, 143. SL - 134.90.

Global Market Indian ADR's

In Asia: China's Shanghai Composite rose 0.53% or 13.52 points at 2,573.43. Hong Kong's Hang Seng gained 0.58% or 94.78 points at 16,475.83. Singapore's Straits Times added 2.19% or 44.36 points at 2,073.07. Taiwan's Taiwan Weighted advanced 0.65% or 40.87 points at 6,371.27.
Yesterday in US mkts: Dow Jones gained 214.3 points or 2.6% at 8427, Nasdaq ended up 44.3 points or 2.6% at 1764 and S&P 500 ended up 30 points or 3.4% at 907.2
Indian ADRs rallied on Monday as US markets ended higher. ICICI Bank was up 14.16% at $ 23.46 and HDFC Bank was up 10.31% at $ 82.67. In IT space, Wipro was up 12.04% at $ 10.61, Infosys was up 6.71% at $ 32.76, Satyam Computers was up 1.13% at $ 1.79 while Patni Computers was up 4.53% at $ 8.08. Tata Communication was up 3.81% at $ 23.95 while MTNL ended lower by 7.82% at $ 2.71. In other sectors, Sterlite Industries was up 11.62% at $ 9.51, Tata Motors was up 5.65% at $ 7.86 and Dr Reddy’s Labs was up 2.09% at $ 11.23

Share Tips

INDIAINFO
Buy CMP: 82.50 or Lower
Target - 86, 88, 89. SL - 78.90
Alert 1: Don't remain long below 78.90
Above 90, Delivery Target - 97. Delivery SL - 77

ITC
Buy only above 208.10....
Target - 212, 215, 219. SL - 204.90
Alert 1: Don't remain long below 199.90

RANBAXY
Buy CMP: 171.60 or Lower
Target - 176, 179, 184. SL - 166.90
Alert 1: Don't remain long below 166.90
Kotak Mahindra Bank Ltd,Buy 426 Stoploss 411 Target 439
Axis Bank Ltd,Buy 612 Stoploss 603 Target 625
Tata Motors Ltd,Buy 258 Stoploss 252 Target 268
Larsen & Toubro Ltd,Buy 952 Stoploss 939 Target 972
BUY Punj Lloyd Stop Loss 122 Target 139
BUY IFCI Stop Loss 23 Target 32
BUY GVK Power & Infrastructure Stop Loss 25 Target 33
BUY Petronet LNG Ltd Stop Loss 48 Target 59
RELCAPITAL BUY in 565 target 573,581 SL 544
ICICIBANK BUY in 529 target 537,546 SL 514
HDFC Bank Buy only Above 1192 target1235, 1260 SL1180
Suzlon Buy only above 66 target 68,70 StrictSL 65
Buy ICSA India between Rs 116-120 for Target of 132 in 2-3 days Stop Loss 114
Buy Indian Hotels Company between Rs 52-55 for Target of 62 in 4-5 days Stop Loss 48 Short Sell Educomp Solutions between Rs 2300-2340 for Target of 2050 in 2-3 days Stop Loss 2420
Short Sell DLF between Rs 232-235 for Target of 218 in 1-3 days Stop Loss 240

Market Opening & Nifty Support - Resistance

NIFTY expected to open flat and some profit booking is expected. Support exist till 3480. Below 3600, NF can fall down easily towards 3500.
NF Crossing above 3675
Will move up towards
3691 - 3713 - 3749
Crossing over 3760 with volumes?
It will blast all the way to
3776 - 3819 - 3840
On the Lower Side
ALERT: Support exist up to 3500 bcoz of yesterday's gap up. Any fall up to 3500 is not a correction & only profit booking
NIFTY Future breaking below 3636
Can fall up to
3625 - 3608 - 3559. Below 3550?
Can fall up to
3519 - 3496 - 3483

Shares Tips

Buy Idea Cellular between Rs 58-60 for Target of 68 in 2-3 days Stop Loss 54
Buy Reliance Power between Rs 123-126 for Target of 146 in 2-3 days Stop Loss 118 Buy Reliance Capital between Rs 525-535 for Target of 590 in 2-3 days Stop Loss 510
ICICIBANK
Buy only above 485.10....
Target - 499, 504, 515. SL - 476.90
Alert 1: Don't remain long below 463.90
Delivery Target - 538. Delivery SL - 432
BHARTIARTL
Buy only above 765.10....
Target - 780, 787, 799. SL - 751.90
Alert 1: Don't remain long below 734.90
Delivery Target - 842. Delivery SL - 712
CANBK
Buy only above 202.10....
Target - 207, 209, 212. SL - 197.90
Alert 1: Don't remain long below 187.90
Delivery Target - 223. Delivery SL - 181
BUY HDIL Stop Loss 135 Target 179
BUY Unitech Stop Loss 40 Target 52
BUY Suzlon Energy Stop Loss 58 Target 79
BUY Jaiprakash Associates Stop Loss 128 Target 154
BUY TCS in 623 target 671,677 SL 612

Global Market Indian ADR's

Asian markets opened sharply higher in the morning session on Monday as optimism grows over recovery in the U.S. economy.Data on Friday showed consumer confidence had recovered.Hang Seng Index rose 2.95 precent,up 457.78 points to 15,978.80.Shanghai Composite Index up 2.05 percent up 50.85 points to 2,528.42 .Straits Times Index was up 2.34 percent 46.43 points to 1,966.71.Korean benchmark index KOSPI opened at 1,386 and is currently up 20.22 points, 1.48 percent higher at 1,389.58.Shares of banking, steel and shipbuilding firms are trading higher.Hyundai Motor are trading higher by 2 percent.Hyundai Steel is up with a sharp gain of 4.5 percent.In Banking,Korea Exchange Bank is up 4.6 percent,Woori Finance up by 9 percent.Japanese markets are closed for the Golden Week holidays.
Investors are waiting for the release of the U.S. government's bank stress tests, which was due on Monday but now will be released on Thursday.Nymex crude oil futures were up 20 cents on Globex at $53.40 a barrel.
On Friday, the 30-stock Dow Jones industrial average rose by 44.29 points, up 0.54 percent, to 8,212.41. The broad Standard & Poor's 500 index gained 4.71 points, up 0.54 percent, to 877.52. The tech-heavy Nasdaq composite index gained 1.90 points, up 0.11 percent, to 1,719.20.

European stocks rallied after better-than-expected earnings from Ford Motor, American Express and Italy’s Eni SpA.Banking stocks rose BNP Paribas and Barclays gained more than 4 percent.Oil stocks BP, Shell and Total gained between 4.8 to 5.4 percent as crude rose $1.67 a barrel to $51.29.Italy's Eni rose 5 ercent after better-than-expected earnings.Volvo was down 1.8 percent after it posted more than expected first-quarter loss.
FTSE 100 index ended higher 3.43 percent up 137.76 points to 4155.99,Germany's DAX closed up 3 percent up 136.11 points to 4674.32,France's CAC 40 gained 3.13 percent up 94.23 points to 3102.85.
On Friday, the 30-stock Dow Jones industrial average rose by 119.23 points, up 1.50 percent, to 8,076.29. The broad Standard & Poor's 500 index gained 14.31 points, up 1.68 percent, to 866.23. The tech-heavy Nasdaq composite index gained 42.08 points, up 2.55 percent, to 1,694.29.
Crude oil rose $1.93, or 3.9%, to settle at $US51.55 a barrel in New York Mercantile.Gold futures jumped to a three-week high in New York.Prices for June delivery gained $7.50, or 0.8%, to $US914.10.Copper rose in New York after a four-day decline.

Market Opening & Nifty Support - Resistance

NIFTY expected to open with huge gap up by 100+ points. NIFTY may simply cross 3600 and even can go up to 3650 in no time. Big gap ups don;t give great buying opportunities
NF Crossing above 3496
Will move up towards
3512 - 3530 - 3542
Crossing over 3545 with volumes?
Fireworks on cards up to
3584 - 3591 - 3617
On the Lower Side
ALERT: Yesterday's closing will act as support. Breaking below that itself is a sign of intraday weakness
NIFTY Future breaking below 3472
Can fall up to
3463 - 3454 - 3426. Below 3420?
Can fall up to
3392 - 3376 - 3352

Share Tip

Sell MOSERBAER only below 63.90, Target 61, 60. Strict SL - 66.10.

Global Market Indian ADR's

Yesterday in US mkts: Dow Jones ended down 8 points at 8017; slips 75 points from days high of 8092. Nasdaq ended down 5.6 points at 1674, slips 16 points from days high of 1690. S&P 500 ended down 2.3 points at 855, slips 10 points from days high of 865.
Indian ADRs ended mostly lower on Tuesday. In IT space, Satyam Computers was down 3.8% at $ 1.77, Wipro was down 0.76% at $ 9.09, Infosys was down 0.03% at $ 28.66 while Patni Computers was up 0.41% at $ 7.34. In Telecom space, MTNL was down 1.03% at $ 2.87 while Tata Communication was up 0.41% at $ 7.34. In banking space, ICICI bank was down 1.9% at $ 18.1 while HDFC Bank was down 1.22% at $ 73.82. In other sectors, Sterlite Industries was down 5.8% at $ 7.64, Tata Motors was down 1.35% at $ 7.3 and Dr Reddy’s Labs was down 1.62%

Market Opening & Nifty Support - Resistance

Levels given for May NIFTY Future. Don't mix this with April Future
NF Crossing above 3375
Will move up towards
3397 - 3413 - 3430
Crossing over 3432 with volumes?
it will try very hard to kiss
3446 - 3463 - 3475 - 3486
On the Lower Side
NIFTY Future breaking below 3350
Can fall up to
3340 - 3329 - 3306 - 3295. Below 3285?
Can fall up to
3240 - 3178

Share Tip 1

Buy PUNJLLOYD only above 108.10. Target - 113, 116. SL - 104.90.

Share Tip

Buy JINDAL STEEL 1538 SL 1520 TRG 1550/1570

Global Market Indian ADR's

Yesterday in US mkts: Dow Jones ends up 128 points or 1.6% at 7970, NASDAQ up 36 points or 2.2% at 1644, S&P 500 up 17.7 points or 2.1% at 850.
In Asia: China's Shanghai Composite was up 0.51% or 12.88 points at 2,548.70. South Korea's Seoul Composite rose 0.51% or 6.88 points at 1,343.69. Hong Kong's Hang Seng was up 0.66% or 100 points at 15,386.95. However, Singapore's Straits Times fell 1.57% or 29.57 points at 1,857.68. Japan's Nikkei was flat at 8,709.63. Taiwan's Taiwan Weighted was flat at 5,882.76.

Indian ADRs rallied on Tuesday. In Banking space, HDFC Bank was up 5.17% at $ 70.6 and ICICI Bank was up 2.21% at $ 16.62. In IT space, Satyam Computers was up 6.56% at $ 1.95, Infosys was up 0.37% at $ 27.21, Wipro was up 1.87% at $ 8.16 and Patni Computers was up 3.13% at $ 6.92. In Telecom space, Tata Communication was up 1.21% at $ 22.63 and MTNL was up 1.04% at $ 2.92. In other sectors, Tata Motors was up 1.17% at $ 6.94, Dr Reddy’s Labs was up 0.57% at $ 10.61 while Sterlite Industries was down 1.17% at $ 7.6.

Market Opening & Nifty Support - Resistance

Alert: Last Hope for Bulls 3305.....
Any up move in NIFTY now only above 3514...
Last 5 days NIFTY highs are between 3415 to 3511
NIFTY lows are between 3309 - 3359
So the circle is formed between these ranges
Until unless NIFTY break-down or break-up any of these levels
Markets will trade volatile in narrow band
Keep SL in NIFTY for longs @ 3305
Same for NIFTY Future is @ 3295
Or better keep one SL for both @ 3290
"VOLATILITY WILL RULE THE MARKET"
NF Crossing above 3376
will move up to hit..
3394 - 3424 - 3442
Crossing over 3445?
It will fly like jet towards
3464 - 3489 - 3513
On the Lower Side
NIFTY Future breaking below 3355
Can fall up to
3346 - 3337 - 3319 - 3308. Below 3290?
Please EXIT your long positions
It will be in free fall mode towards
3264 - 3223 - 3158 - 3147

Market News

Repo and rev repo rate cut by 25 bps No CRR Cuts

Share Tips4

Sell CENTURYTEX only below 210.90. Target 204, 199. Strict SL - 217.10.
TCS Fut Short Below563 Target-554,543 Sl-566

Share Tips 3

BUY ACC SL 609 TGT 630
Buy SESAGOA only above 124.10. Target - 129, 131. SL - 118.90

Share Tip 2

BUY BAJAJ HIND AT CMP AND LOW SL 69 TGT 73-75-77

Share Tips

SELL Tata Steel Stop Loss 270 Target 234
SELL Cairn India Stop Loss 197 Target 160
SELL Jaiprakash Associates Stop Loss 127 Target 97
SELL GMR Infrastructure Stop Loss 130 Target 93
SELL ICICIBANK in 427 target 421,416 SL 436

New In Market

RBI, will unveil its credit policy today. Many economists do not expect the RBI to change the repo or the reverse repo rate in its policy announcement today. But the coin is in RBI's hand

Results Today

Hero Honda, Rolta, SEAMEC, S Kumars, Praj Ind, Spice Comm, Ultratech Cem, Gati

Global Market Indian ADR's

Yesterday in US mkts: Dow Jones lost 290 points or 3.6% at 7,841.7, NASDAQ drop 65 points or 3.9% at 1608, S&P 500 down 37.2 points or 4.3% at 833.
In Asia: China's Shanghai Composite was down 0.72% or 18.31 points at 2,539.14. Hong Kong's Hang Seng slipped 3.70% or 582.45 points at 15,168.46. Japan's Nikkei tumbled 3.35% or 299.06 points at 8,625.69. Singapore's Straits Times fell 2.87% or 53.77 points at 1,821.08. South Korea's Seoul Composite shed 1.97% or 26.33 points at 1,310.06. Taiwan's Taiwan Weighted declined 1.61% or 92.84 points at 5,688.82.
Indian ADRs plunged on the first day of the week. In Banking space, ICICI Bank was down 7.14% at $ 16.26 and HDFC Bank was down 5.93% at $ 67.13. In Telecom space, Tata Communication was down 2.74% at $ 22.36 and MTNL was down 2.69% at $ 2.89. In IT space, Wipro wad down 5.43% at $ 8.01, Infosys was down 3.11% at $ 27.11, Satyam Computers was down 2.66% at $ 1.83 while Patni Computers was up 0.9% at $ 6.71. In other sectors, Tata Motors was down 4.99% at $ 6.86, Sterlite Industries was down 3.51% at $ 7.69 and Dr Reddy’s Labs was down

Market Opening & Nifty Support - Resistance

NIFTY Future breaking below 3359

Can fall up to

3340 - 3330 - 3308 - 3295. Below 3290?

Please EXIT your long positions

It will be in free fall mode towards

3264 - 3223 - 3158 - 3147

On the Higher Side

Crossing above yesterday's close price will have intraday positive impact

NF Crossing above 3382

will move up to hit..

3392 - 3403 - 3429 - 3442

Crossing over 3445?

It will fly like jet towards

3464 - 3489 - 3513

Market Opening & Nifty Support - Resistance

Today Expect Negative Opening
The support levels are deep in NIFTY up to 3300 mark. Even any sell off up to 3300 mark cannot be considered as a correction
NIFTY Future breaking below 3366
Can fall up to
3354 - 3337 - 3308 - 3295. Below 3290?
Please EXIT your long positions
It will be in free fall mode towards
3251 - 3223 - 3158
On the Higher Side
NF Crossing above 3395
will move up to hit..
3408 - 3420 - 3459
Crossing over 3464?
It will try hard to kiss
3489 - 3498 - 3513

All rise in Reliance Industrial Infrastructure.

All rise in Reliance Industrial Infrastructure.
All saw a sudden boom in RIIL (Reliance Industrial Infrastructure.) The stock which made the people crazy giving 150% + returns in a couple of weeks.At present RIIL's CMP is 737. It had touched Rs 920 odd levels from 35o odd levels.

The main reasons why the stock rose - (The two main reasons)
There were rumors in markets that RIIL is merging with RIL.
RIL is planning to make RIIL as a gas carrier & distribution company.
Reliance Gas Transportation Infrastructure Ltd. (RGTIL)

RGTIL is a closely held company of Mukesh Ambani, which had put up 1,400 kms., 48 inches diameter pipeline from Kakinada to Bharuch, capable to transport 120 mmscmd of gas , having set at a project cost of Rs. 15,000 crores.
It is learnt that the Group is contemplating to bring all this pipeline network and business into RIIL, with a view to attain leadership in the sector.
This move could benefit the stock in long term on the basis of Market Cap.
The current Market Cap is 1,114 Rs Crores and the pipeline project is worth over Rs 15,000 crore. If RIIL and RGTIL are merged the market cap of RIIL would be over Rs 17,000 Crores.
This would benefit the share holders.
Considering the current market price (CMP) of 737.35 the price seems to be over valued due to speculation.The fair price may lie below 600 levels.
Here are few short term Support and Resistance for RIIL
Spot Price - 750 Support - 610, 670 , 702Resistance - 794, 851 , 908
PS - What we learn from this is that don't go according to rumors!

Share Tip 4

Buy Educom above 2300 Sl 2280 Trg - 2350/2400

Share Tip 3

Buy NTPC 202 -204 Trg 207 210 214 217 Sl 200

Share Tip 2

Buy Kotak Bank abv 418 Tar 426 Sl411

Global Markets

Asian Markets are trading higher following cues from U.S. markets which closed higher led by tech and banking stocks .Nikkei Stock Average 225 was up 2.22 pct to 8,949.55.Hang Seng Index was up 1.56 pct to 15,826.50.KOSPI Index up 0.58 pct at 1,344.50.Shanghai Composite Index was down 1.48 pct to 2,496.64.
U.S. MarketsOn Wall Street,Stocks closed higher on Friday encouraged by JPMorgan's results and tech stocks rallied in anticipation of better results from Google.The Dow Jones industrial average gained 95.81, 1.19 percent, to 8,125.43.The Standard & Poor's 500 index gained 13.24, 1.55 percent, to 865.30. The Nasdaq composite index was up 43.64, 2.68 percent, to 1,670.44.

Share Tips1

PNB
Buy CMP: 485 or Lower
Hurdle @ 493 - 495. Above 495?
Target - 508, 515, 521.
Adjusted Intraday SL - 474.90
Real SL - 464.90
Delivery SL - 421
Alert: Delivery Target - 554.

SUNPHARMA
Buy CMP: 1238 or Lower
Above 1251
Target - 1274, 1290
Adjusted Intraday SL - 1222
Real SL - 1195
Delivery SL - 1124
Alert: Delivery Target - NA

BANKINDIA
Buy CMP: 257 or Lower
Target - 269, 277, 287
Adjusted Intraday SL - 244.90
Real SL - 244.90
Delivery SL - 215
Alert: Delivery Target - 321
Buy IBSEC NOW @ 29
TARGET-36/44/60
SL-26
Buy RAJESHEXPO NOW @ 32.5
TARGET-50/55/70
SL-29.5
Buy PUNJAB CHEM NOW @ 163
TARGET-178/200
SL -154
Buy Idea between Rs 51-54 for Target of 64 in 2-3 days Stop Loss 49
Buy Reliance Power between Rs 118-121 for Target of 134 in 2-4 days Stop Loss 110
Buy GVK Power & Infrastructure between Rs 25-26.5 for Target of 32 in 1-2 days Stop Loss 22
Buy KS Oils between Rs 47-50 for Target of 57 in 3-5 days Stop Loss 42
BUY Reliance Capital Stop Loss 495 Target 581
BUY Cairn India Stop Loss 180 Target 205
BUY HDIL Stop Loss 115 Target 147
BUY Rolta India Stop Loss 87 Target 123
TATASTEEL ,CAN HIT 350-400
ICICIBANK SELL in 428 target 422,416 SL 436(High Risk)
Sell Fintech 652 Target 632 607 Sl 683
Sell Tata Motors Future Around 244 Target 238 Sl 250

Market Opening & Nifty Support - Resistance

Today Expect Positive Opening
NF Crossing above 3390
will move up to hit..
3418 - 3458
Crossing over 3460?
It will try hard to kiss
3493 - 3513
On the Lower Side
The support levels are deep in NIFTY up to 3300 mark. Even any sell off up to 3300 mark cannot be considered as a correction
NIFTY Future breaking below 3361
Can fall up to
3348 - 3338 - 3325 - 3308. Below 3290?
Please EXIT your long positions
It will be in free fall mode towards
3251 - 3223 - 3158

Share Tips 8

Buy SBI Above 1305 SL 1286 Tgt 1325 1341 1352
Buy ICICI BANK Above 448 SL 438 TGT 457 464 472

Share Tips 7

Buy Wipro Above 276 Sl 271 TGT 282 288 296 301
Buy 3500 Nifty CE 93-95 SL 85 TGT 110-118-130

Inflation Out Come

India Inflation at 0.18% for the week ended April 4, 2009

Nifty Alert

Next confirm uptrend for NIFTY FUTURE only above 3495. Above that point it will again struggle between 3508 - 3520. Traders reduce leveraged positions when u ur cost price

Share Tip 6

Short Sell HDFC below 1748 Trg 1730-1715 Sl-1760(CMP-1752)

Share Tip 5

Buy SREINTFIN @ 39.25. Target - 42, 44. Adjusted intraday SL - 37.90.

Share Tips 4

Axis Bank, Buy at Rs. 504, Target- Rs. 521, Stop Loss- Rs. 495
Siemens, buy at Rs. 304, Target- Rs. 312, Stop loss- Rs. 295
M & M, Buy at Rs. 478, Target- Rs. 500, Stop loss- Rs. 468
Hindalco, Buy at Rs. 64, Target- Rs. 68, Stop Loss- Rs. 61
Grasim, Buy at Rs. 1622, Target- Rs. 1650, Stop Loss- Rs. 1600
Infosys, b uy at Rs. 1372, Target- Rs. 1398, Stop Loss- Rs. 1348
Ultratech Cement, Buy at rs. 560, Target- Rs. 590, Stop Loss- Rs. 540
Bharti Airtel, Buy at Rs. 685, Target- Rs. 720, Stop Loss- Rs. 660

Share Tip 3

BUY ABAN ABV 515 SL 500 TGT 531 544 552

Share Tip 2

Buy Rel Cap Fut& Cash. Abv 560 Sl 543.Tgt 575 587 608 612 640

Companies Results Today

BASF India, Container Corp, ETC Networks, Honeywell Automation, Raj Television, Upper Ganges Sugar

Global Market And Indian ADR's

In US Mkts: Dow Jones ends up 110 points or 1.4% at 8030, Nasdaq ends flat at 1627 and S&P 500 ends up 1.25% or 10.5 points at 852.

In Asia: China's Shanghai Composite was up 0.28% or 7.08 points at 2,543.13. Hong Kong's Hang Seng rose 0.55% or 85.51 points at 15,755.13. Japan's Nikkei gained 2.90% or 253.43 points at 8,996.39. South Korea's Seoul Composite added 2.12% or 28.28 points at 1,361.37. Taiwan's Taiwan Weighted surged 2.30% or 135.06 points at 6,010.25. However, Singapore's Straits Times was down 0.11% or 2.08 points at 1,903.91.
Indian ADRs ended mixed on Wednesday. In Banking space, ICICI Bank was up 6.08% at $ 17.98 and HDFC Bank was up 1.21% at $ 70.08. In other sectors, Tata Motors was up 6.11% at $ 7.81, Dr Reddy’s Labs was up 5.95% at $ 11.04 and Sterlite Industries was up 0.72% at $ 8.34. In Telecom space, MTNL was up 4.47% at $ 3.04 while Tata Communication was down 1.09% at $ 23.49. While the losing sector among the ADRs was IT. In this sector, Infosys was down 6.78% at $ 26.81, Wipro was down 4.5% at $ 8.06, Satyam Computers was down 2% at $ 1.96 wh

Share Tips 1

JPASSOCIAT
Buy CMP: 122 or Lower
Hurdle @ 126 - 127. Above 127?
Target - 129, 131, 136.
Adjusted Intraday SL - 118.90
Real SL - 111.90
Delivery SL - 103.90
Alert: Delivery Target - 139, 144, 157

RPOWER
Think to buy? Yes Buy, But
Only above 131.10
Target - 136, 141, 144
Adjusted Intraday SL - 125.90
Real SL - 117.90
Delivery SL - 109.90
Alert: Delivery Target - 157, 164

RANBAXY
Buy CMP: 200 or Lower
Hurdle @ 203. Above 203?
Target - 209, 212, 219
Adjusted Intraday SL - 193.90
Real SL - 184.90
Delivery SL - 180.90

APIL (ALSTOM P)
NOW @ 346
TARGET-380/414
SL-325

PRAKASH- LET THE LIGHT SPREAD
NOW @ 62.7
TARGET-73/98
SL-57

HCC
NOW @ 60
TARGET-72/85
SL 58

BUY IVRCL INFRA
NOW @ 167
TARGET-190/233
SL-154

BUY HCL Technologies Stop Loss 125 Target 142

BUY Adlabs Films Stop Loss 235 Target 257BUY Sesa Goa Stop Loss 114 Target 127

BUYBalrampur Chini Stop Loss 71 Target 83

TATAPOWER..SELL in 899 target 876,868 SL 915

Market Opening & Nifty Support - Resistance

Today Expect Flat Opening
NF Crossing above 3511
will move up to hit..
3528 - 3545 - 3590
Crossing over 3599?
Might not today... But Soon it will hit
3684
On the Lower Side
The support levels are deep in NIFTY upto 3300 mark. Even any sell off up to 3300 mark cannot be considered as a correction
NIFTY Future breaking below 3474
Can fall up to
3458 - 3441 - 3402. Below 3385?
It will be free fall up to
3338 - 3325 - 3308

Error Punching Price For Axis

Buy AXISBANK @ 453 & add more on dips. Target up to 469. SL - 434.90

Share Tips 4

Buy RPL above 112.10. Target - 119, 122. SL - 106.90.

Share Tips3

SHORT SELL Cairn India Stop Loss 214 Target 180
SHORT SELL Suzlon Energy Stop Loss 67 Target 52
SHORT SELL Tata Steel Stop Loss 298 Target 243

Share Tips 2

Short Nifty below 3358 sl 3376 target : 3341/3324/3290
Buy AXISBANK @ 353 & add more on dips. Target up to 369. SL - 434.90.
TITAN SELL 875 SL 902 Target855 832
NMDC BUY 202 SL192 Target208 215

Share Tips1

Short Sell DLF between Rs 228-235 for Target of 201 in 1-2 days Stop Loss 244 Short Sell Reliance Capital between Rs 472-480 for Target of 435 in 2-4 days Stop Loss 495 Short Sell Adlabs Films between Rs 225-231 for Target of 205 in 3-4 days Stop Loss 242
Short Sell Tech Mahindra between Rs 345-359 for Target of 310 in 2-3 days Stop Loss 371

Infosys Q4 Result

Infosys Technologies has announced its fourth quarter numbers. Its net profit for the quarter ended March 2009 went down by 1.7% at Rs 1,613 crore as against Rs 1,641 crore on quarter-on-quarter basis. The company reported decline of 2.61% in revenues at Rs 5,635 crore as against Rs 5,786 crore, QoQ. The company is expecting FY10 revenues to decline by 3.1-6.7% in dollar terms while increase in revenues by 1.7-5.7% in rupee terms. EPS for FY10 is seen at Rs 96.65-101.18. Infosys has recommended a final dividend of Rs 13.5/share.

Global Market And Indian ADR's

Yesterday in US mkts: Dow Jones falls 138 points or 1.7% at 7920, NASDAQ down 1.7% or 28 points at 1625, S&P 500 down 2% or 17 points at 842.

Indian ADRs ended mixed on Tuesday. In IT space, Satyam was down 11.11% at $ 2, Wipro was down 3.54% at $ 8.44, Infosys was down 2.44% at $ 28.76 and Patni Computers was down 3.01% at $ 6.45. In Banking space, ICICI Bank was down 4.07% at $ 16.95 and HDFC Bank was down 1.98% at $ 69.24. However, Telecom ADRs were up. Tata Communication was up 3.4% at $ 23.75 and MTNL was up 1.75% at $ 2.91. In other sectors, Tata Motors was down 4.66% at $ 7.36, Sterlite Industries was down 3.5% at $ 8.28 and Dr Reddy’s Labs was down 2.34% at $ 10.42.

Market Opening & Nifty Support

Today Expect Flat Opening
There can be some sell off in the opening moves based on Asian mkt cues... But if Infy result is good, it can lift the markets. So keep both side views in the mkts. Its going to be some tough action..
NF Crossing above 3400
will try hard to kiss
3417 - 3432
Crossing over 3435?
The real action will begin. NF will try and catch
3444 - 3470 - 3487
On the Lower Side
NIFTY Future breaking below 3381
Can fall up to
3371 - 3360 - 3338. Below 3335?
It will be free fall up to
3309 - 3294

NIFTY expected to open with a gap down of around 25 points and expected to trade volatile in first few hours. Below 3300 NIFTY will witness panic selling towards 3237

Call Ratio

Todays Total Calls : 26
Buy Calls 20 : 20 Booked Profit
Sell Calls 4 : 4 Booked Profit
F & O Calls : 2 Booked Profit
C U

Share Tip8

Buy IFCI at 24.SL.22.50 Target - 26.50,29,30.30

Share Tips7

Buy Adlabs Films Above 230 Sl.226 TGT 235,242,253
Sell India cement CMP 119, SL 121.50Target 116-114

Reliance Put Call

Buy Reliance April 1650 PUT CMP43 SL 29 Target 50,58,65

Share Tip 5

Buy LICHSGFIN @ 296, add more on dips. Target up to 321. SL - 284.90.

Share Tips4

Sell Titan Below 860 SL 866 Tgt 855,848,838
Buy IDFC CMP 68.50, SL 65.90, Target 72-74

Share Tips3

Buy BANKBARODA @ 263 - 264. Above 267, Target - 271, 274, 278. SL - 256.90.
Buy Ster Above 410 SL 405.80 Target414,418,423
Buy GE Ship Above 207 SL 205 Target 209,213
Buy Glaxo @ 1009 Sl 1004 Target -1122,1131
Sell BEML Below 443, Sl 447 Target 438,433,429

Share Tips2

Buy nifty above 3384 sl 3367 target : 3401/3418/3435 , Short NF below 3367 sl 3384 target : 3350/3333/
Buy infosys above 1427 sl 1412 target : 1442-1457, Short infosys below 1412 sl 1427 target :1397-1383

Global Market And Indian ADR's

Thursday in US Mkts: Dow Jones gained 246 points or 3.14% at 8084; up 1% for the week; down 8% YTD. NASDAQ up 62 points or 3.9% at 1653; up 1.9% for the week; up 4.8% YTD. S&P 500 gained 31.5 points or 3.8% at 857; up 1.7% for the week; down 5.2% YTD.
In Asia: China's Shanghai Composite gained 1.86% or 45.39 points at 2,489.61. Japan's Nikkei was down 0.07% or 6.49 points at 8,957.62. Singapore's Straits Times rose 2.29% or 41.82 points at 1,870.33. South Korea's Seoul Composite added 0.39% or 5.25 points at 1,341.29. Taiwan's Taiwan Weighted advanced 0.56% or 32.18 points at 5,814.14. Hong Kong, Australia, New Zealand markets are closed on account of Easter Monday holiday.
Indian ADRs ended higher. In the banking space, ICICI Bk gained at 10.27% at USD 16.75/share and HDFC Bank was up 6.73%, to USD 69.5. In the telecom pack, MTNL closed 3.89% higher at USD 2.94 and Tata Communication went up 2.87%, to USD 24.02. Among the technology stocks, Infosys Technologies closed 2.8% higher at USD 29.72 and Satyam was up 8.16%, to settle at USD 2.65. Patni Computer shut shop at USD 6.6, up 3.12%. However, Wipro ended 0.45% lower at USD 8.85. Among other stocks, Dr Reddys Labs was up 3.09%, to USD 10.68 and Sterlite Indu

Share Tips

JPASSOCIAT
Buy CMP: 114 or Lower
Target - 120, 123, 131. SL - 108.90
Alert 1: Don't remain long below 103.90
FCH
Alert: This is not an intraday call
Accumulate CMP: 126 or Lower
Crossover 131?
Target - 138, 141, 144. SL - 114.90
Alert 1: Don't remain long below 108.90
RELCAPITAL
Buy CMP: 467 or Lower
Target - 479, 487, 499, 521. SL - 453.90
Alert 1: Don't remain long below 446.90
Alert 2: All targets may not get completed in intraday
ICICIBANK BUY in 397 target 404,410 SL 384
Rel infra BUY in 655 target 664,672 SL 642.
SHORT TERM AMBUJACEM BUY in 78 target 81 SL 71
BUY Gitanjali Gems Stop Loss 60 Target 77
BUY Adlabs Films Stop Loss 207 Target 235BUY
Videocon Industries Stop Loss 115 Target 146
Buy Sesa Goa between Rs 111-114 for Target of 125 in 1-2 days Stop Loss 106
Buy Grasim Industries between Rs 1580-1610 for Target of 1700 in 2-4 days Stop Loss 1545 Buy Indian Bank between Rs 87-93 for Target of 105 in 3-4 days Stop Loss 83

Short Sell NALCO between Rs 247-255 for Target of 230 in 1-2 days Stop Loss 261

Market Opening & Nifty Support

Today Expect Gap Up Opening
Expect one more volatile session bcoz of tomorrow's holiday. But the short term trend remains bullish...
Crossing above 3366
will flare up easily up to
3383 - 3408
Crossing over 3412?
It will be blind fly.. NIFTY will ZOOOOOMM
3434 - 3450 - 3457
On the Lower Side
If yesterday's close of 3355 broken then expect some sell off
NIFTY Future breaking below 3345
Can fall up to
3328 - 3308 - 3300. Below 3295?
It can fall up to
3278 - 3254

Call Ratio

Todays Total Calls : 16
Sell Calls 16 : 15 Booked Profit, 1 Not Hit
C U

Share Tips3

Short tatamotors below 209 sl 212 target : 207-204 , Buy above 212 sl 209 target 214-220

Share Tips 2

Sell ABB below 436 SL 440 Target 426-416
Sell MCDOWEL below 650 SL 658 Target640-624
Sell BOB below 236 SL 240 Target 232-224
STOCKS WHICH CAN CRASH IN THE COMING DAYS
AKRUTI CITY, CURRENT RATE 730 ,CRASH TARGET : 530-400 , 30-40% RISK
EICHER MOTORS,CURRENT RATE 209 , CRASH TARGET : 180 , 15% RISK
GMR INDUSTRIES ,CURRENT RATE 74.5 ,CRASH TARGET : 55-40 ,20-30% RISK

US, Asian Markets & Indian ADR's

Yesterday in US mkts: Dow Jones ended down 186 points at 7790, Nasdaq ended down 45 points at 1561.6 and S&P 500 ended down 20 points at 815.5. US markets have lost 3.2% in last 2 trading session, still up 22% from their March lows

Asian markets open weak on worries of poor earnings. China's Shanghai Composite was down 0.97% or 23.65 points at 2,415.52. Hong Kong's Hang Seng plunged 2.03% or 303.13 points at 14,625.84. Japan's Nikkei 225 fell 1.97% or 174.22 points at 8,658.63. Singapore's Straits Times slipped 1.61% or 29.06 points at 1,773.33. South Korea's Seoul Composite declined 1.73% or 22.49 points at 1,277.61. However, Taiwan's Taiwan Weighted was up 0.15% or 8.42 points at 5,585.27.

Indian ADRs ended in red on Tuesday. In IT space, Satyam Computers was down 8.93% at $ 2.55, Wipro was down 3.72% at $ 8.03, Infosys was down 0.42% at $ 28.19, while Patni Computers was unchanged. In Telecom space, MTNL was down 6.27% at $ 2.69 and Tata Communication was down 1.34% at $ 22.08. In Banking space, HDFC Bank was down 3.48% at $ 63.73 and ICICI Bank was down 2.15% at $ 14.53. In other sectors, Sterlite Industries was down 3.07% at $ 7.26, Tata Motors was down 2.5% at $ 5.85 and Dr Reddy’s Labs was down 0.6% at $ 9.92.

Share Tips 1

GRASIM
Sell CMP: 1567 or Higher
Target - 1535, 1520, 1502. SL - 1593
Alert 1: Don't remain short above 1650.10

CROMPGREAV
Sell CMP: 127 or Higher
Target - 123, 120, 116. SL - 130.10
Alert 1: Don't remain short above 136.10

ITC
Sell CMP: 180 or Higher
Support @ 177. Below 177?
Target - 175, 172, 169. SL - 184.10
Alert 1: Don't remain short above 190.10

SHORT SELL Cairn India Stop Loss 214 Target 180
SHORT SELL Axis Bank Stop Loss 458 Target 410
SHORT SELL Suzlon Energy Stop Loss 62 Target 42
SHORT SELL Reliance Communications Stop Loss 231 Target 185
JPASSOCIAT SELL in 98 target 95,93 SL 101
Sell Reliance Capital Stop Loss 445 Target 402
Sell Reliance Power Stop Loss 121 Target 101
SellDLF Stop Loss 223 Target 175
Sell Nagarjuna Fertilisers and Chemicals Stop Loss 23 Target 18

Market Opening & Nifty Support

Alert: Some cool of up to 3060 is on cards. Need to fill gaps
Once filled 100% U turn up to 3570.. and more
Today Expect Gap Down Opening
If yesterday's low of 3227 broken then expect good sell off
NIFTY Future breaking below 3252
Can fall up to
3239 - 3227 - 3215 - 3204. Below 3200?
It will be bloodbath to
3181 - 3156 - 3146
On the Higher Side
Yesterday's closing is the resistance for Nifty
Cross over above that NIFTY will fturn bullish
crossing above 3268
will try to hit the mark of
3282 - 3292 - 3304
Crossing over 3308 it will move fast towards
3324 - 3340
Stocks to watch today?
See Below for the calls

Call Ratio

Todays Total Calls : 10
Buy Calls 10 : All Booked Profit
C U

Asian Markets

Asian stocks gained following positive cues from Wall street.Japan's Nikkei average rose 2.29 percent on Monday .Hong Kong shares gained 3.28 percent higher.Nikkei Stock Average 225 was up 2.29 pct to 8,949.94.Hang Seng Index was up 3.28 pct to 15,023.20.KOSPI Index up 2.15 at 1,311.39.Shanghai Composite Index was down 0.23 to 2,419.78.

Share Tips 1

Buy Reliance Capital Stop Loss 395 Target 452
Buy Punj Lloyd Stop Loss 101 Target 125
Buy Reliance Communication Stop Loss 178 Target 235
Buy GVK Power & Infrastructure Stop Loss 23 Target 29
BUY DLF Stop Loss 240 Target 180
BUY Axis Bank Stop Loss 424 Target 460
BUY Suzlon Energy Stop Loss 46 Target 62
BUY Jaiprakash Associates Stop Loss 85 Target 120
TCS..BUY in 578 target 585,592 SL 564
SHORT TERM TIPSBHEL BUY in 1535 target 1584 SL 1490
If market Slips
ICICIBANK SELL in 361 target 356,351 SL 372

Market Opening & Nifty Support

Gap up expected. Upside Bollinger Band Resistance - 3173
It seems NIFTY will hit the high all the way in the opening moves itself
Just be cautious.. Don't get trapped at higher levels
If we open with a gap up, closing price of 3060 will act as support
Nifty crossing above 3073
is looking so HOTTTT to hit the mark of
3095 - 3117 - 3103 - 3145
Crossing over 3149 it will move fast towards
3167 - 3175 - 3186
On the Lower Side
Breaking yesterday's close price of 3060 itself is a bearish sign
NIFTY Future breaking below 3049
Can fall up to
3038 - 3027 - 2993 - 2963
Below 2960? It will be bloodbath to
2951 - 2937

Asian Market Ended Higher

Asian markets ended higher. Hong Kong's Hang Seng gained 7.41% or 1002.43 points at 14,521.97.
China's Shanghai Composite rose 0.72% or 17.274 points at 2,425.291.
Japan's Nikkei advanced 4.40% or 367.87 points at 8,719.78.
South Korea's Seoul Composite gained 3.54% or 43.61 points at 1,276.97.
Taiwan's Taiwan Weighted added 3.00% or 159.33 points at 5,473.78.
Singapore's Straits Times surged 5.94% or 101.08 points at 1,803.34.

Call Ratio

Todays Total Calls : 13
Buy Calls 13 : All Booked Profit
C U 2morrow

Share Tips6

Buy RPOWER only above 114.10 and add more on dips for a delivery target of 125, 128 with SL @ 104.70.

Share Tips5

India Inflation for the week ended March 31 was at 0.31%
Buy some qty of WIPRO @ 267 and add more on dips for a delivery target of 287, 293 with SL @ 251.

Market Strategy

If there is a gap up opening like this all the stocks form a gap. Note down any 10 stocks of your choice. Atleast in 80% of the stocks yesterday's close price will act as support. Even if mkt falls to fill the gap, then previous day's close price will only act as support. Any other SL level is just luck.. This is one funda which will help you out. Even for next 1 year mkt continuously trade in bullish in any one day Nifty will fall down to hit yesterday's close price of 3060.. So buy any stock of your choice. But yesterday's close price (plus or minus 1%) is what should maintained as SL. Any other SL is useless..

Share Tips 4

Buy JSWSTEEL @ 267 - 268 and add more on dips for a delivery target of 287 with SL @ 250.

Share Tips3

Buy LITL above 163.10 and add more on dips for a delivery target of 173, 177 with SL @ 151.90.

Share Tips2

Buy RPL Above 99.10 in the opening moves. Cross over 101, Target - 105, 107. SL - 96.90.

Share Tips 1

Buy HDIL Stop Loss 82 Target 102

Buy Unitech Stop Loss 32 Target 45

Buy Reliance Communication Stop Loss 160 Target 215

Buy Jaiprakash Associates Stop Loss 78 Target 98

BUY Reliance Capital Stop Loss 370 Target 421

BUY Ranbaxy Laboratories Stop Loss 166 Target 205

BUY Suzlon Energy Stop Loss 43 Target 52

BUY Reliance Infrastructure Stop Loss 520 Target 610

ICICIBANK BUY in 349 target 354,360 SL 340

Market Opening & Nifty Support

Today Expect high Gap up Opening
If we open with a gap up, closing price of 3060 will act as support

Nifty crossing above 3073

is looking so HOTTTT to hit the mark of

3095 - 3117 - 31030 - 3145

Crossing over 3149 it will move fast towards

3167 - 3175 - 3186

On the Lower Side

Breaking yesterday's close price of 3060 itself is a bearish sign

NIFTY Future breaking below 3049

Can fall up to

3038 - 3027 - 2993 - 2963. Below 2960?

It will be bloodbath to

2951 - 2937

Total Calls : 19

Buy Calls 12 : All Booked Profit

Sell Calls 7 : 2 Booked Profit, 5 Not Hit

Wishing u & ur family Happy Gudi Padwa

C U

Share Tip 3

Buy NATIONALUM only above 239.10. Target - 245, 248, 253. Strict SL - 234.90.
If anyone wish to go short in NATIONALUM shall keep SL of 239.10 and go short. Above 239 it will be bullish & need to reverse position.

Share Tips 2

Axis Bank, Buy at Rs. 421, Target- Rs. 435, Stop Loss- Rs. 413
RIL, Buy at Rs. 1565, Target- Rs. 1600, Stop Loss- Rs. 1545
Tata Motors, Buy at Rs. 175, Target- Rs. 182, Stop Loss- Rs. 169
Tata Steel, Buy at Rs. 207, Target- Rs. 214, Stop Loss- Rs. 203
India Bulls, Sell at Rs. 99, Target- Rs. 95, Stop Loss- Rs. 102
ABB, Sell at Rs. 410, Target- Rs. 397, Stop Loss- Rs. 419
Bharti Airtel, Buy at Rs. 622, Target- Rs. 635, Stop Loss- Rs. 615
Jet airways, Buy at Rs. 168, Target- Rs. 180, Stop Loss- Rs. 163

Share Tips

ORCHIDCHEM
Buy CMP: 70 or Lower
Target - 74, 76. SL - 67.90
Alert 1: Don't remain long below 63.90

SINTEX
Buy CMP: 99 or Lower
Target - 104, 106. SL - 96.40
Alert 1: Don't remain long below 92.40

BANKINDIA
Buy CMP: 224 or Lower
Hurdle @ 227 - 228. Above 228?
Target - 231, 233. SL - 217.90
Alert 1: Don't remain long below 209.90

Rel infra BUY in 564 target 571,576 SL 554

BHEL BUY in 1565 target 1608 SL 1535

DISHTV
Sell CMP: 23.50 or Higher
Target - 22, 21, 20. SL - 24.80
Alert 1: Don't remain short above 25.10

KSOILS
Sell CMP: 41 or Higher
Target - 39, 38, 37. SL - 44.10
Alert 1: Don't remain short above 44.10

SELL Unitech Stop Loss 40 Target 28

SELL Siemens Stop Loss 262 Target 215

SELL Aban Offshore Stop Loss 380 Target 318

SELL Sesa Goa Stop Loss 108 Target 78

Market Opening & Nifty Support

Today Expect Flat / Positive Opening
Nifty crossing above 3091
will go up to
3102 - 3107 - 3127 - 3133 - 3145
Go short @ 3145 with SL above 3250
On the Lower Side
NIFTY breaking below 3072
Can fall up to
3064 - 3057 - 3032. Below 3030?
It can move down up to
3012 - 2985

Call Ratio

Total Calls : 13
Buy Calls 10 : All Booked Profit

Sell Calls 3 : 2 Booked Profit, 1 Not Hit

C U

Advice

Make the habit of booking partial profits wherever u feel comfortable for today's trade. Signals can change in no time

Share Tip 3

Sell PNB @ 401. Target - 391, 386. Strict SL - 408.10

Share Tips 2

Previos Calls consists of BUY & SELL, one should go for Buying calls when market is going upwards & sell calls when market tumble's.

Unitech, Buy at Rs. 34, Target- Rs. 36, Stop Loss- Rs. 32

JP Associates, Buy at Rs. 84, Target- Rs. 87, Stop Loss- Rs. 82

GMR Infra, Buy at Rs. 99, Target- Rs. 104, Stop Loss- Rs. 96

GAIL, Buy at Rs. 235, Target- Rs. 240, Stop Loss- Rs. 232

Suzlon, Buy at Rs. 45, Target- Rs. 43, Stop Loss- Rs. 49

HDIL, Buy at Rs. 83, Target- Rs. 90, Stop Loss- Rs. 79

Global Market & Indian ADR's

Yesterday in US Markets: Dow Jones ends up 90 points at 7750, slips 115 points (1.5%) from days high of 7863. NASDAQ ends up 12.5 points at 1529, slips 26 points (1.7%) from days high of 1555. S&P 500 ends up 7.5 points at 814, slips 13 points (1.5%) from days high of 827.
Indian ADRs ended higher on Wednesday. In Banking space, HDFC Bank was up 4.65% at $ 62.82 while ICICI Bank was unchanged. In IT space, Infosys was up 2.25% at $ 26.85, Wipro was up 0.54% at $ 7.50, Satyam Computers was up 2.53% at $ 1.62 and Patni Computers was up 4.22% at $ 5.43. In Telecom space, Tata Communication was up 2.54% at $ 21.40 and MTNL was up 0.39% at $ 2.56. In other sectors, Sterlite Industries was up 6.66% at $ 6.73, Dr Reddy’s Labs was up 3.84% at $ 8.65 while Tata Motors, which was the lone loser, was down 6.13%
In Asia, China's Shanghai Composite gained 1.56% or 35.76 points at 2,327.31. Hong Kong's Hang Seng rose 2.70% or 367.45 points at 13,989.56. Japan's Nikkei was up 0.51% or 43.10 points at 8,523.09. Singapore's Straits Times added 2.22% or 37.50 points at 1,729.18. South Korea's Seoul Composite advanced 0.94% or 11.53 points at 1,240.55. Taiwan's Taiwan Weighted rose 1.30% or 69.51 points at 5,415.89.

Share Tips 1

TATAPOWER
Buy CMP: 740 or Lower
Hurdle @ 750 - 754. Above 754?
Target - 759, 766, 777. SL - 719.90
Alert 1: Don't remain long below 706
DIVISLAB
Sell only below 875
Target - 858, 852, 843. SL - 888.10
Alert 1: Don't remain short above 916.10
HCC
Buy CMP: 38 or Lower
Target - 41, 42, 44. SL - 35.90
Alert 1: Don't remain long below 34.70
TATAMOTORS
Sell CMP: 160 or Higher
Target - 155, 152, 147. SL - 164.10
Alert 1: Don't remain short above 172.10

Rel infra BUY in 537 target 542,547 SL 528

RELCAPITAL BUY in 357 target 364,369 SL 350

TCS..BUY in 526 target 531,537 SL 520

Market Opening And Nifty Support

Today Expect Flat / Positive Opening
"Expiry effects will make trading difficult today"
Nifty crossing above 2998
Nifty will fly like rocket
3010 - 3016 - 3025. Above 3027?
march fast to
3040 - 3058
On the Lower Side
"NIFTY got multiple supports in small gaps. Markets will turn choppy if we trade negative"
NIFTY breaking below 2976
Can fall up to
2964 - 2952 - 2943. Below 2940?
It can move down up to
2924 - 2914

Call Ratio

Total Calls : 14
All Buy Calls : Booked Profit
Market ended flat
C U 2morrow

Share Tip 4

Buy AMBUJACEM only above 71.10 and add more on dips. Target - upto 74, 76 by EOD or tomorrow. SL - 68.90.

Share Tips 3

Hindalco, Buy at Rs. 52, Target- Rs. 55, Stop Loss- Rs. 50

ICICI Bank Buy at Rs. 346, Target- Rs. 359, Stop Loss- Rs. 337

SBI, Buy at Rs. 1023, Target- Rs. 1050, Stop Loss- Rs. 1010

HPCL, Sell at Rs. 237, Target - Rs. 232, Stop Loss- Rs. 240

Share Tip 2

Buy & Hold WIPRO @ 246. Target - 252, 254. Strict SL - 241.90.

Global Market & Indian ADR's

Yesterday in US markets: Dow Jones soared 498 points or 6.8% at 7776, S&P 500 jumped 55 points or 7.1% at 823 and Nasdaq gained 98.5 points or 6.8% at 1556. US markets had rallied nearly 25% since recent lows since March 9 (last 10 trading sessions).
Indian ADRs rallied on Monday as the US markets ended the day with gains of 6%. In Banking space, HDFC Bank was up 23.42% at $ 63.76 and ICICI Bank was up 15.95% at $ 14.54. In IT space, Wipro was up 16.52% at $ 7.69, Infosys was up 6.68% at $ 27.62, Satyam Computers was up 4.49% at $ 1.63 and Patni Computers was up 6.98% at $ 5.67. In Telecom space, Tata Communication was up 12.65% at $ 21.20 and MTNL was up 16.45% at $ 2.69. In other sectors, Sterlite Industries was up 10.34% at $ 6.83, Tata Motors was up 13.33% at $ 5.10 and Dr Reddy.
Asian markets surged at the start of trade Tuesday, with financial stocks to be among the leaders, as the US government's plan to absorb toxic debts met with investor approval. China's Shanghai Composite gained 1.39% or 32.31 points at 2,357.79. Hong Kong's Hang Seng rose 1.69% or 226.75 points at 13,674.17. Japan's Nikkei added 2.07% or 170.35 points at 8,385.88. Singapore's Straits Times advanced 1.28% or 21.34 points at 1,685.42. South Korea's Seoul Composite surged 1.24% or 14.85 points at 1,214.35. Taiwan's Taiwan Weighted was up 1.85%

Oil prices jumped 3% to trade above $ 53 a barrel, the highest level in nearly three months, as a US plan to purge banks of toxic assets triggered a rally on Wall Street. Nymex May crude is up 3.3%, at $ 53/bbl level. It is trading at 4-month highs on strong equity markets. US government lays out plan to buy $ 1 trillion in toxic assets. US February existing home sales jump at 5.1%. OPEC keeps vigil on compliance to 4.2 m bpd output cut. A 5-day strike in Brazilian energy is firm. Near-term range for crude is seen between $ 52-55/bbl.

Share Tips

RELINFRA
Buy CMP: 530 or Lower
Target - 544, 548, 554. SL - 519
Alert 1: Don't remain long below 491

NAGARCONST
Buy CMP: 52 or Lower
Target - 55, 56, 59. SL - 49.90
Alert 1: Don't remain long below 48.90
Alert 2: All Targets may not get completed in intraday

UNIONBANK
Buy CMP: 139 or Lower
Target - 144, 146, 149. SL - 135.90
Alert 1: Don't remain long below 131
Alert 2: All Targets may not get completed in intraday

SUZLON
Buy CMP: 40 or Lower
Hurdle @ 42. Above 42?
Target - 44, 45, 47. SL - 38.40
Alert 1: Don't remain long below 36.90
Alert 2: All Targets may not get completed in intraday

RANBAXY
Buy CMP: 161 or Lower
Hurdle @ 163 - 165. Above 165?
Target - 168, 171, 175. SL - 154.90
Alert 1: Don't remain long below 144.90

JPASSOCIAT BUY in 84 target 86,88 SL 80

PFC BUY in 132 target 136 SL 126

BUY Reliance Capital Stop Loss 345 Target 410

BUY BHEL Stop Loss 1380 Target 1475

BUY Sterlite Industries Stop Loss 308 Target 364

Market Opening & Support

NIFTY expected to open gap up by 15+ points. Facing resistance between 2960 - 2970 levels. Crossover 2971 it will start up move again. Expect some choppy movements if not able to cross 2971.
Today Expect Positive Opening
Nifty crossing above 2950
will move up towards
2960 - 2994. Above 3001?
Will fly to hit
3030 - 3040
On the Lower Side
"NIFTY got multiple supports in small gaps. Markets will turn choppy if we trade negative"
NIFTY breaking below 2929
Can fall up to
2913 - 2885 - 2853. Below 2849?
It can move down up to
2816 - 2807 - 2774

Its safe to hold long NIFTY until it breaks down below 2850
Watch out for 2960 level today. If it is struggling to cross this mark book profits in long
"Your SL for longs should be 2850 on closing basis"

Call Ratio

Market gains highest since September 2008
Total Calls - 16
All Buy Calls - Booked Profit

Share Tip 3

Buy GLENMARK @ 148.50. Target - 152, 154, 157. Strict SL - 145.90.

Share Tip 2

Buy DRREDDY @ 421 - 422. Above 426, Target - 437, 441. Strict SL - 414.90.

Share Tips 1

ONGC
Buy CMP: 755 or Lower
Target - 768, 773, 786. SL - 744
Alert 1: Don't remain long below 720
VOLTAS
Buy CMP: 39 or Lower
Hurdle @ 41. Above 41?
Target - 42, 44, 47. SL - 37.40
Alert 1: Don't remain long below 37.40
Alert 2: All Targets may not get completed in intraday

PHILIPCARB
Buy CMP: 33 or Lower
Target - 35, 36, 38. SL - 31.90
Alert 1: Don't remain long below 29.90
Alert 2: All Targets may not get completed in intraday

SREINTFIN
Buy CMP: 31.85 or Lower
Target - 34, 35, 37. SL - 29.40
Alert 1: Don't remain long below 26.90
Alert 2: All Targets may not get completed in intraday

TV-18
Buy CMP: 67 or Lower
Target - 72, 73, 76. SL - 64.90
Alert 1: Don't remain long below 63.90
Alert 2: All Targets may not get completed in intraday

Buy Steel Authority of India Stop Loss 83 Target 95
Buy Mcleod Russel India Stop Loss 52 Target 64
Buy Dish TV Stop Loss 23 Target 28
Buy Jaiprakash Associates Stop Loss 74 Target 88
Buy Axis Bank Stop Loss 333 Target 362
BUY Hero Honda Motors Stop Loss 967 Target 1120
BUY Reliance Capital Stop Loss 303 Target 355
BUY GVK Power & Infrastructure Stop Loss 19 Target 24
BUY IFCI Stop Loss 16 Target 20

Nifty Opening & Support

Today Expect Positive Opening
"Strong Resistance for NIFTY is @ 2870"

Nifty crossing above 2811

will move up towards

2819 - 2830. Above 2832?

Will fly to hit

2847 - 2850. Above 2852?

2860 - 2869

Go short at this level with SL above 2871 on closing basis

If on closing basis NIFTY cross 2871 expect 2960 soon

On the Lower Side

"NIFTY got multiple supports in small gaps. Markets will turn choppy if we trade negative"

NIFTY breaking below 2802

Can fall up to

2795 - 2784 - 2774. Below 2770?

It can move down up to

2764 - 2753 - 2739. Below 2735?

Just Exit all your longs

Call Ratio

Total Calls : 17
Sell Calls : 13 - All Booked Profit
Buy Calls : 04 - 3 Booked Profit & 1 Not Hit
CU on Monday

Akruti City excluded from F&O

Akruti City will be excluded from the F&O after March expiry; stock to attract 5% circuit from March 27 after it moves to T2T segment. Now the operators who played around with this script must be pretty happy. What do they get by trading like this? If every script can give 100% returns in 10 days then why do banks run a FD scheme? Bcoz of these kind of manipulative moves, traders expect bigger profits in every stock and forgets the reality that 1% or 2% returns are the real returns in day trading. in a very odd day we may get 5 - 10%. Otherwise 1 - 2% is the reality

Share Tips 3

Sell COREPROTEC @ 54.80, Target - 53, 52. Strict SL - 55.10

Share Tip & Revised Axis Bank Call

Short MINIFTY Fut & long NIFTY 2850 CE. SL for MINIFTY short above 2870. No SL for 2850 CE
SELL UNION BANK AT 129.55 SL 132 TGT 127
Sell AXISBANK @ 345, Below 341, Target - 335, 331. Strict SL - 351.10.(Revised Buy Call)

Advise

Market is volatile trade in small quantity & book profit when possible

Share Tips2

Axis Bank, Buy at Rs. 360, Target- Rs. 370, Stop Loss- Rs. 354
Rolta india, Buy at Rs. 51, Target- Rs. 57, Stop Loss- Rs. 49

India ADRs

Indian ADRs ended mixed on Thursday. In Banking space, ICICI Bank was down 3.96% at $ 13.34 and HDFC Bank was down 3% at $ 54.31. In Telecom space, MTNL was down 0.77% at $ 2.58 and Tata Communication was down 0.27% at $ 18.27. In IT space, Infosys was up 2.10% at $ 26.75, Wipro was up 1.95% at $ 6.79, Satyam Computers was up 1.20% at $ 1.68 and Patni Computers was up 1.11% at $ 5.45. In other sectors, Dr Reddy’s Labs was down 6.31% at $ 8.47, Tata Motors was down 3.60% at $ 4.28 while Sterlite Industries was up 6.70% at $ 6.21.

Global Market

Yesterday in US markets: Dow Jones ends down 85 points or 1.1% at 7400, slips 150 points from days high of 7549, Nasdaq ends down 7.7 points or 0. 5% at 1484, slips 26 points from days high of 1510 and S&P 500 ends down 10.3 points or 1.3% at 784, slips 18 points from days high of 802.
Asian markets are trading mixed. Hong Kong’s Hang Seng is trading down 1.10% or 143.92 points at 12,987, Taiwan’s Taiwan Weighted is trading down 0.56% or 28.38 points at 5007.55, Singapore’s Straits is trading down 0.37% or 5.81 points at 1579. Among the gainers, China’s Shanghai Composite is trading up 0.30% or 6.85 points at 2272.609, South Korea’s Seoul Composite is trading up 0.52% or 6.06 points at 1167.87, and KLSE Composite is trading up 0.72% or 6.09 points at 847.96.

Share Tips 1

STRTCH
Use dips and buy lower
Buy CMP: 60 or Lower
Minor Hurdle @ 62 - 63. Above 63
Target - 65, 68, 73. SL - 55.90
Alert 1: Don't remain long below 54.90
Alert 2: All Targets may not get completed in intraday

POLARIS
Use dips and buy lower
Buy CMP: 47 or Lower
Target - 50, 51, 54. SL - 44.40
Alert 1: Don't remain long below 43.40
Alert 2: All Targets may not get completed in intraday

INDIAINFO
Attempt this call only if markets shows weakness
Sell CMP: 51.25 or Higher
Support @ 49. Below 49
Target - 47, 45. SL - 54.10
Alert 1: Don't remain short above 54.10

RCOM
Sell CMP: 157.50 or Higher
Target - 151, 149, 145. SL - 162.10
Alert 1: Don't remain short above 167.10

LT
Sell CMP: 609 or Higher
Target - 597, 593, 589. SL - 621.10
Alert 1: Don't remain short above 627.10

Rel infra SELL in 485 target 478,472 SL 494

Buy Cairn India Stop Loss 166 Target 188Short

Sell Reliance Capital Stop Loss 335 Target 295

Sell DLF Stop Loss 179 Target 155Short

Sell SBI Stop Loss 982 Target 925

SELL Educomp Solutions Stop Loss 2015 Target 1810

SELL Suzlon Energy Stop Loss 39 Target 34

SELL State Bank of India Stop Loss 989 Target 878

SELL Bharti Airtel Stop Loss 578 Target 550

Market Opening Range & Support

Today Expect Negative Opening
Volatility will kill the Market today
NIFTY breaking below 2801
Can fall up to
2784 - 2779 - 2771. Below 2770?
It will be free fall up to
2757 - 2738. Below 2735?
Just Exit all your longs
On the Higher Side
"Strong Resistance for NIFTY is @ 2835"
Nifty crossing above 2811
will move up towards
2821 - 2835. Above 2837?
Will fly to hit
2847 - 2859
Go short at this level with SL above 2861 on closing basis
If on closing basis NIFTY cross 2861 expect 2960 soon

News In Market

Market time can be extended, final call will be taken on 10th of April

Call Ratio

Todays Total Call - 18
Buy Calls - 10 : All Booked Profit
Buy NiftyFuture Calls - 1 : Booked Profit
Sell Calls - 7 : All Booked Profit
what more can we ask for in this market.
C U tomorrow

Share Tips 6

Sell LICHSGFIN @ 201, Below 197, Target - 194, 192. Strict SL - 205.10.
(High risk call trade with small quantity)

Inflation

Inflation for the week ended March 7 at 0.44% vs 2.43 (WoW). this could be turnout as one of the worst inflation figures ever seen.

Inflation

Inflation for the week ended March 7 at 0.44% vs 2.43 (WoW). this could be turnout as one of the worst inflation figures ever seen. In our view it's a bad news

Alert

Next support for NIFTY is @ 2785. Below 2783 it will be bloodbath. Revise SL in IDFC to 53.25 & book 25% profits. Below 50 IDFC will freefall.

Share Tips 5

Sell HINDOILEXP @ 54, Target - 52, 50. Strict SL - 56.10.

Alert

NIFTY is giving extreme 2 sided movements. Very difficult to judge intraday momentum at this point. Support exit till 2794 for SPOT NIFTY.

Share Tips 4

ORBITCORP
Buy only above 56.10
Target - 60, 61, 66. SL - 50.90
Alert 1: Don't remain long below 45.90
Alert 2: All Targets may not get completed in intraday

SASKEN
Buy only above 56.10
Target - 60, 62, 65. SL - 49.90
Alert 1: Don't remain long below 45.90
Alert 2: All Targets may not get completed in intraday

WELGUJ
Buy CMP: 68 or Lower
Hurdle @ 70 - 71. Above 71?
Target - 74, 76. SL - 63.90
Alert 1: Don't remain long below 60.90

BEML
Buy only above 385.10
Target - 397, 402, 410. SL - 371.90
Alert 1: Don't remain long below 355

Sell IDFC @ 52.50 Below 50, Target - up to 47. Strict SL - 54.10

Share Tips 3

wipro short cmp232 sl 236.5 tgt 228-225

Nifty Future Long

Buy Nifty future around 2790-2800, Strict Stop Loss - 2750,Trg-3835-2280-2910-2950.

Share Tips 2

Hero Honda, Buy at Rs. 1003, Target- Rs. 1020, Stop Loss- Rs. 993

HDFC, Buy at Rs. 1375, Target- Rs. 1390, Stop Loss- Rs. 1362

M & M, Sell at Rs. 363, Target- Rs. 352, Stop Loss- Rs. 368

DLF, Buy at Rs. 168-169, Target- Rs. 179, Stop Loss- Rs. 165

SAIL, Buy at Rs. 85, Target- Rs. 88, Stop Loss- Rs. 82

Siemens, Buy at Rs. 223, Target- Rs. 240, Stop Loss- Rs. 215

Moser Baer, Buy at Rs. 47, Target - Rs. 51, Stop Loss- Rs. 45

Share Tips 1

For Risk Traders, market can go either way depending on inflation outcome

SELL ICICI Bank Stop Loss 348 Target 310
SELL BPCL Stop Loss 352 Target 315
SELL Educomp Solutions Stop Loss 2025 Target 1850
SELL Bharti Airtel Stop Loss 578 Target 550

Calll Ratio

Todays Total Call - 25
Buy - 23 : 22 Booked Profit, 1Not Hit
Sell - 1 : Booked Profit
Buy Future - 1 : Booked Profit
Hope u must have booked the profit when told to do so, what more can we ask for in this market.

2morrow market will depend on global cues & inflation out come

C U tomorrow

Market Alert

Trading range for NIFTY Fut from 10.15 AM till now is less than 20 points.Market can be volatile in the middle, i would say don't be greedy low risk trader should book profit. But Reliance looking very strong in charts giving the feeling that mkts will recover any time later.

Nifty Alert

Markets will turn bearish only if NIFTY Future goes below 2797. Until then intraday support exists. If it breaks 2796 we shall review buy positions. Until then it is safe to hold long.

HCLTech Revised Stoploss

HCL Tech is slightly losing momentum.Intraday support exist @ 104. If it breaks 103.90 pls do exit.

News In Market

Research firm CLSA has downgraded its outlook on India. It said that India is now perceived as one of the riskiest markets as the fiscal risk has grown. It is weighing down the growth and rupee. CLSA said that the fiscal deficit is likely to rise to 14% in FY10. CLSA expects rupee at 57/$ in 2009. It sees interest rates falling another 150 bps in India. It expects GDP growth of 4.6% in FY10. CLSA further said that the cyclical growth slowdown is worsening. Credit growth is also slowing. Domestic economy will stabilize in early 2010, it added.

Share Tip 4

Buy ONGC around 730-731, SL-723, Trg-740-745.

Share Tips 3

Buy HCLTECH - 105, Target - 110, 112. Strict SL - 100.90.
For Delivery Buy & accumulate ESCORTS only on dips. Target - upto 47. SL - 34.90.
For Delivery & Intraday Buy Jet Airways-160, Target - 175-185-196.Sl-150
Buy TISCO Future around 167, Target -172-177-180, Sl -163

R-comm, Buy at Rs. 158, Target- Rs. 164, Stop Loss- Rs. 154
Zee Entertainment, Buy at Rs. 100, Target- Rs. 105, Stop Loss- Rs. 98
Tech Mahindra, Buy at Rs. 265, Target- Rs. 275, Stop Loss- Rs. 256
United Spirits, Buy at Rs. 707, Target- Rs. 720, Stop Loss- Rs. 704
Tata Comm, Sell at Rs. 445, Target- Rs. 435, Stop Loss- Rs. 451
Crompton Greaves, Buy at Rs. 135, Target- Rs. 140, Stop Loss- Rs. 133

Share Tips 1

MOSERBAER
Buy CMP: 45 or Lower
Hurdle @ 47. Above 47.10?
Target - 49, 50, 54. SL - 43.90
Alert 1: Don't remain long below 42.90
Alert 2: All Targets may not get completed in intraday

PANTALOONR
Buy CMP: 134 or Lower
Target - 139, 141, 144. SL - 129.40
Alert 1: Don't remain long below 133.90

NTPC
Buy CMP: 173 or Lower
Hurdle @ 175 - 176. Above 176?
Target - 178, 180, 182. SL - 170.90
Alert 1: Don't remain long below 166.90

THERMAX
Buy CMP: 164 or Lower
Target - 172, 175, 179. SL - 158.90
Alert 1: Don't remain long below 154.90

GMRINFRA
Buy CMP: 82 or Lower
Target - 86, 88, 89. SL - 78.90
Alert 1: Don't remain long below 76.90
BUY TCS 497 Stop Loss 482 Target 505,512

BUY DLF Stop Loss 147 Target 180
BUY ICICI Bank Stop Loss 305 Target 355
BUY Reliance Industries Stop Loss 1240 Target 1419
Buy Tata Motors Stop Loss 161 Target 198
Buy Cairn India Stop Loss 161 Target 198
Buy Infosys Stop Loss 1222 Target 1450
Buy IFCI Stop Loss 16 Target 20
Buy Bharti Airtel Stop Loss 554 Target 610

Opening Range & Support Level For Nifty

Today Expect Positive Opening.Nifty crossing above 2765 will move up towards
2776 - 2793 - 2805. Above 2807? Within Minutes will touch 2817 - 2825
Maximum High Expected 2860 On the Lower Side (Yesterday's low of 2739 will act as support)NIFTY breaking below 2750 Can fall up to 2739 - 2721 - 2702, 2690.Below 2688? Just Exit all your longs

Call Hits Ratio

Todays Total Call - 19

Buy - 15 : 14 Booked Profit, 1Not Hit

Sell - 2 : 1 Booked Profit, 1Not Hit

Buy Nifty Future - 1 : Booked Profit

Buy Nifty2800 Put - 1 : Booked Profit

What more can we ask for in this market

C U tomorrow

Share TIp 8

BTST(Buy 2day Sell 2Morrow) RNRL above43.30.Trg-45-47-50.Strict Stp Loss-42. Assure Tip

Nifty Support

NIFTY next support at 2732 & 2702.
When do we lose faith in markets? When we see stocks like AKRUTI, EVERONN, SPICE TELE, etc,.. There are so much of blue chips stocks available in cheaper price. What is there in these stocks? Why people should buy these stocks in a manner like no tomorrow exist!!! Its purely operators game in these....

Nifty Spot broken

NIFTY spot close to break 2759. But Fut also need to break 2749. Once both broken exit all buy positions except Moserbaer,RPL

Share Tip7 PUT

If market Breaks the Support Buy Nifty 2800 PE around 77-78,Strict Stp Loss-65,trg-88-97-110.

Advice

Exit from buy positions only if NIFTY spot breaks 2759 & Nifty Future breaks 2749. Both need to be broken. Mkts may take support from any moment.

Advise

Just hold your buy positions no need to panic.Witnessing mild profit booking. High chances of reversal possible from here. Remember nobody can't buy at lowest low and sell at highest high.

Share Tip6

Delivery Buy Kingfisher Airlines around 30-31.Trg-36-40-44 in short term.Strict Stp Loss - 25

Advice

Markets trade like this. They first take some stocks up, leave it as it is for sometime and take some other stock up and then again come back and take old stock up manner. When they leave one stock accumulation goes on in it and in one shot it will rise to next level. So patience needed

Share Tip 5

Check SL before trading. Buy SAIL @ 85. Target - 89, 90, 92. Strict SL - 81.90.

Skip Everonn

Skip Tip to short Everonn, it's giving indication of operator stock

Share Tip 4

Buy MOSERBAER @ 45. Above 47, Target - 49, 50. Strict SL - 42.90.

Advice

Book profits if low risk traders, market can be volatile.

Share Tip 3

Buy NEYVELILIG @ 75. Above 76, Target - 79, 81. Strict SL - 71.90.

Share Tips2

Buy VOLTAMP(Voltamp Transformers Ltd) abv 302 Strict Stop Loss- 292 Target 315-326-334

Share Tips1

BSE Code: 512199 NSE Code: COREPROTEC
Buy CMP: 55 or Lower
Hurdle @ 56 - 57. Above 57.10?
Target - 59, 60, 65. SL - 51.70
Alert 1: Don't remain long below 48.90
Alert 2: All Targets may not get completed in intraday

BSE Code: 500040 NSE Code: CENTURYTEX
Buy CMP: 194 or Lower
Target - 199, 203, 207, 212. SL - 187.90
Alert 1: Don't remain long below 184.90
Alert 2: All Targets may not get completed in intraday

BSE Code: 500359 NSE Code: RANBAXY
Buy CMP: 148 or Lower
Target - 152, 156, 157, 164. SL - 141.40
Alert 1: Don't remain long below 136.90
Alert 2: All Targets may not get completed in intraday

BSE Code: 532399 NSE Code: ADLABSFILM
Buy only above 159
Target - 165, 168, 175, 180. SL - 152.90
Alert 1: Don't remain long below 144.90
Alert 2: All Targets may not get completed in intraday

NALCO, Buy at Rs. 230, Target- Rs. 236, Stop Loss- Rs. 227
RPL, buy at Rs. 81, TArget- Rs. 84, Stop Loss- Rs. 79
ICICI Bank, Buy at Rs. 322, Target- Rs. 339, Stop Loss- Rs. 313
Airtel, Buy at Rs. 575, Target- Rs. 590, Stop Loss- Rs. 565
DLF, Buy above Rs.164, Target- Rs. 170-176, Strict Stop Loss- Rs. 160
Buy Bharti Airtel Stop Loss 545 Target 612
Short Sell GVK Power & Infrastructure Stop Loss 20.50 Target 18
Short Sell Everonn Systems India Stop Loss 132 Target 109
Short Sell Suzlon Energy Stop Loss 38 Target 32
Buy Nifty Future around 2760-2765 Target -2790-2815-2830 Strict Stop Loss-2740

Call Hits Ratio

Todays Total Call - 17
Buy - 13 - All Booked Profit
Sell - 4 - Not Hit
C U tomorrow

Share Tips6

Check SL before trading. Buy & Hold JP Associates @ 77. Target - 81+. Strict SL - 74.90.

Low Risk Trader Book Profit

Markets are witnessing mild profit booking. But high chances of moving up again crossing day highs. Low risk traders can book partial profits.

Share Tip5

Buy & forget RPL @ 81. Accumulate more on dips. Target - 86, 87, 89. SL - 77.80.

Hold IVRCL INFRA

Hold IVRCL INFRA. Huge accumulation going on @ 117. Once cross 119, it will fire. But we need to wait for it

Share Tips4

Check SL before trading. Buy RELIANCE @ 1307. Target - 1335, 1349. Strict SL - 1287.

Market Update

NIFTY is returning fast from the sell position. But still volatile. RCOM too reversed from the sell levels bcoz of the mkt up move.

Share Tips3

RCOM only below 141.90. Target - up to 137. Strict SL - 145.10.

Advice

High Stock specific action going on in maret irrespective of index movements. Some stocks are firing and some other are falling. Both the side it is clueless for now. Trade cautiously

India Info Trg1 Achv

Call India Infoline bang on T1 of 47 in a falling market!
Initiated call @ Rs. 44/-

Share Tips2

Buy IVRCLINFRA @ 117. Above 118.60, Target - 122, 123, 127. Strict SL - 113.90.

Share Tips

IOB
Buy CMP: 43 or Lower
Target - 46, 47, 49. SL - 40.90
Don't remain long below 36.90
ORIENTBANK
Buy CMP: 103 or Lower
Target - 107, 109, 110. SL - 99.40
Don't remain long below 96.90
INDIAINFO
Buy CMP: 44.60 or Lower
Target - 47, 49, 50, 54. SL - 41.40
Don't remain long below 39.90
IDEA
Sell CMP: 44.25 or Higher
Target - 42, 41, 39. SL - 46.10
Don't remain short above 47.10
ABB
Sell only below 352
Target - 343, 338, 331. SL - 360.10
Don't remain short above 369.10
TECHM
Sell only below 253.90
Target - 246, 243, 241. SL - 258.10
Don't remain short above 271.10
ICICI Bank, Buy at Rs. 308, Target- Rs. 324, Stop Loss- Rs. 299
SBI Bank, Buy at Rs. 953, Target- Rs. 974, Stop Loss- Rs. 940
Tata Motors, Buy at Rs. 164, Target- Rs. 168, Stop Loss- Rs. 162
IOC, Sell at Rs. 400, Target- Rs. 393, Stop Loss- Rs. 403
TCS, Buy at Rs. 507, Target- Rs. 530, Stop Loss- Rs. 495
Divi's Lab, Buy at Rs. 850, Target- Rs. 900, Stop Loss- Rs. 820
SAIL, Buy at Rs. 80, Target- Rs. 90, Stop Loss- Rs. 75

Stocks to Choose

As the inflation is decreasing and the market is showing the upwards rally my view is that this is the right time to invest in the market and book some profits as many of the stock's are available in good discounts, but one should be carfull about the stocks he/she picks up to invest, there are some which i think one would benifit in the short term also i.e Bankes, I.T, Oil & Gas, PSU, Auto.

Square Up Positions

We can't do much today except covering positions. See you on on Thursday. I am not suggesting to carry any positions today. better pls square it off.

Stock Market

Friends,

Market is looking volatile it seems to me that the low is yet to come but at the same time it's a good time for a investment, people whom can hold their nerves and wait for the period of at least three to six months will benifit from the market.