Thursday, April 2, 2009

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