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!
Saturday, April 18, 2009
Friday, April 17, 2009
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.
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
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
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
Thursday, April 16, 2009
Share Tips 8
Buy SBI Above 1305 SL 1286 Tgt 1325 1341 1352
Buy ICICI BANK Above 448 SL 438 TGT 457 464 472
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
Buy 3500 Nifty CE 93-95 SL 85 TGT 110-118-130
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 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
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
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
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
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
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
Wednesday, April 15, 2009
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
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
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
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.
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
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
Monday, April 13, 2009
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
Buy Calls 20 : 20 Booked Profit
Sell Calls 4 : 4 Booked Profit
F & O Calls : 2 Booked Profit
C U
Share Tips7
Buy Adlabs Films Above 230 Sl.226 TGT 235,242,253
Sell India cement CMP 119, SL 121.50Target 116-114
Sell India cement CMP 119, SL 121.50Target 116-114
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
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
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
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
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
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
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