Wednesday, April 29, 2009

TIPS FOR 29.04.09

MARKETS ON THEIR FINAL DAY OF EXPIRY OF THE CONTRACTS, IT WOULD REMAIN HIGHLY VOLATILE WITH NEGATIVE BIAS. EVEN IF THERE IS LITTLE BUYING SEEN INITIALLY MAY NOT SUSTAIN DURING THE DAY. BE EXTREMELY CAUTIOUS ABOUT TAKING POSITIONS, TRADE LESS AND WISE. NIFTY HAS STRONG SUPPORT AT 3317 AND RESISTANCE AT 3430. NIFTY IF BREACHES 3370 WE MAY SEE FURTHER UPSIDE TILL 3430 AND IF IT CLOSES ABOVE 3400 WE MAY SEE A RALLY FOR THE NEXT FEW SESSIONS AND IF NIFTY CLOSES BELOW 3300 THEN WE CAN SEE FURTHER DOWNSIDE BEFORE ANY UP MOVE IN THE MARKET.
BUY GMRINFRA FUTURES ABOVE 109 SL 107.4 TGT 112.3
BUY IDFC FUTURES AROUND 68 SL 66 TGT 70/71.5/73
BUY BRFL FUTURES ABOVE 167.5 SL 164.4 TGT 171/174
SELL MCDOWELL FUTURES 705 SL 711 TGT 685/676
SELL SBIN FUTURES BELOW 1234 SL 1251 TGT 1205/1191
SELL SIEMENS FUTURES BELOW 292 SL 296 TGT 286/283/280
SELL RELCAP FUTURES BELOW 490 SL 504 TGT 482/474/466

Tuesday, April 28, 2009

COMMODITY TIPS FOR 28.04.09

SELL CRUDE AROUND 2480-2485 TGT 2445/2410 SL 2510

TIPS FOR 28.04.09

MARKET EXPECTED TO BE HIGHLY VOLATILE AS THIS BEING THE SETTLEMENT WEEK FOR FNO. AS EXPECTED MARKET DIDNT CROSS 3530 YESTERDAY AND THIS BEING THE STRONG RESISTANCE ONE CAN GO SHORT WITH 3530 AS STOPLOSS EVERY RISE CAN BE USED AS AN OPPORTUNITY FOR SHORTING WITH STRICT STOPLOSS OF 3530. THOUGH MARKET DOESNT LOOK WEAK, BUT AT EVERY HIGHER LEVEL THERE IS PROFIT BOOKING TAKING PLACE SO MARKET IN THIS SETTLEMENT MAY NOT CROSS 3450 UNLESS IT IS SUPPORTED BY HUGE BUYING WHICH HAS BEEN SEEN IN THE PAST THREE WEEKS. BE EXTREAMLY CAUTIOUS AS THE MAREKT WOULD REMAIN HIGHLY VOLATILE BUY STRONG STOCKS AND SELL WEAK STOCKS DONT EXIT IN PANIC AS YOU WILL WITNESS ALL THE STOCKS TO BE RANGEBOUND.
SELL GRASIM AROUND 1782 SL 1808 TGT 1775/1737/1703
SELL GRAMMONIND BELOW 78 SL 80 TGT 76.2/74.75
SELL HINDOILEXP FUTURES BELOW 82 WITH SL 84.6 TGT 78/76
BUY IBREALEST ABOVE 130 SL 125 TGT 136/139
BUY LICHSNFIN ABOVE 340 SL 337 TGT 345/349
BUY GTL FUTURES ABOVE 253 SL 250 TGT 259

Monday, April 27, 2009

TIPS FOR 27.04.09

THOUGH MARKET SEEMS TO BE IN THE BULLS HANDS COMPLETELY YET AGAIN SHORT SELLERS ARE TRAPPED. STILL ONE SHOULD TRADE VERY CAUTIOUSLY BECAUSE PRESENT RALLY CAN TAKE A BREATH ANYTIME AND OVERSEAS MARKETS ARE ALSO FACING RESISTANCE AT HIGHER LEVELS SO THIS MAY ADD FUEL THE FIRE AT ANY POINT OF TIME , NOW NIFTY ABOVE 3530 WILL TAKE MARKET TO 3670-3750 (WHICH MAY NOT BE RULED OUT). TODAY'S MARKET MAY TAKE LITTLE RETRACEMENT AND MAY PULL BACK IF BULLS TAKE AN UPPER HAND SO PLAY VERY SAFE WITH STRICT STOPLOSS
BUY ROLTA ONLY ABOVE 82 SL 79.9 TGT 85/88
BUY M&M ONLY ABOVE 477 SL 464 TGT 495/504
BUY SESAGOA ONLY ABOVE 126 SL 122.75 TGT 129/132
BUY MCDOWELL ABOVE 733 SL 719.90 TGT 750/775
SELL RELCAP BELOW 555 SL 562 TGT 547/536/530
SELL CENTURY TEXTILES BELOW 235 SL 238.60 TGT 230/224/220
SELL PNB BELOW 520 SL 523 TGT 507/498/591

Friday, April 24, 2009

Trading Tips for 24.04.09

Markets are running in a very crucial phase be cautious as nifty and sensex at their resistances, break above 3400 on closing basis would take the market to 3700-3770. Today market would be very volatile if manages to break 3400 and trades above it may move up further with short coverings. Though the market sentiment is positve one cannot rule out a nose dive in nifty if any negative results crops-in so be cautious on the longer sides till the nifty trades above 3400.
Buy TCS above 570 Sl 563.30 Tgt 579/588
Buy Aptech above 98 Sl 94.30 Tgt 102/106
Buy Tatamotors around 245-246 Sl 239 Tgt 259/263/270 (Positional)
Buy GVKPIL above 27.50 Sl 25.75 Tgt 34 (Positional)

Sell Torant Sl 101.30 Tgt 94/89/83
Sell Dabur below 106 Sl 107.10 Tgt 103
Sell Amtekauto Below 107 Sl 109 Tgt 105/98/93

Thursday, April 23, 2009

COMMODITY TIPS 23.04.09

Bye Gold around 14350 Tgt 14440 /14510 Sl 14265
Buy Crude around 2490 Tgt 2525/2548 Sl 2460

INTRADAY TIPS FOR 23.04.09

Market expected to be very wild please be cautious maitain strict stoploss for the day. RIL is going to announce its quarterly results much of the market movement will be based on its performance. Overall market is showing negative signs if market breaches 3280 then expect market would come down further down and if nifty stays above 3360 then we can expect upward move for the day to 3400 to 3420.
Buy ACC Futures above 640 Tgt 649 Sl 634
Buy Rpower Futures above 126 Sl 123.90 Tgt 129.7
Buy Suzlon Futures above 62 Sl 58.90 Tgt 68/72
Sell Unitech 48 Sl 49.10 Tgt 44.50/42.6
Sell HCLTech Futures 126 Sl 128.60 Tgt 121
Positional trade Buy Allied Digital in todays trade with stoploss of 239 for a target of 350 (7 trading days)

Wednesday, April 22, 2009

COMMODITY TIPS FOR 22.04.09

BUY CRUDEOIL AROUND 2445 TGT 2485/2520 SL 2412
BY GOLD AROUND 14310 TGT 14425/14480 SL 14260

INTRADAY TIPS FOR 22.04.09

Buy Tulsi 19.10 to 19.25 Sl 18.30 Tgt 21
Buy Balramchin 71.60 to 72 Sl 70.40 Tgt 132/133.40
Buy Hindalco Futures above 55.65 Sl 54.5 Tgt 58
Buy IFCI Futures above 25 Sl 24.40 Tgt 25.90
Buy Voltas Futures above 60.4 Sl 57.90 Tgt 62/63.4
Sell Maruti Futures below 788 Sl 798.10 Tgt 775/765
Sell ZeeTele Futures below 121 sl 123.6 118/116/114

Tuesday, April 21, 2009

COMMODITY TIPS 21.04.09

SELL CRUDE OIL AROUND 2475 TGT 2435/2401 SL 2510

Tips for 21.04.09

Buy 3iInfotech Futures around 46 Sl 45.5 Tgt 52
Buy NIITLTD Futures above 28.65 Sl 27.15 Tgt 29.90
Sell Nifty below 3347 Sl 3378 Tgt 3301/3281
Sell HDFC Futures around 1756 Sl 1770 Tgt 1738
Sell BRFL Futures at 161.75 Sl 162.75 Tgt 160.5/159.6
Sell OrbitCorp at 51.80 Sl 53.60 Tgt 49.70/47
Sell Tatapower Futures at 860 Sl 871 Tgt 835/815
Options
Buy GMRInfra CA 115 at Rs 8 and sell CA 120 at Rs 7 (Maximum Loss 5000 & Maximum Profit 20000)
Buy GVKPIL CA 27.5 at 1.50 Sl 0.90 Tgt 2.5

Monday, April 20, 2009

Commodity tips for 20.04.09

Sell Crude 2550 tgt 2510/2470 sl 2601

20.04.09

*Buy SKUMARSINF above 29.25 Sl 28.4 Tgt 30.40/31/31.8
Buy DLF above 220 Sl 214 tgt 238
Buy ICICI Bank above 440 Sl 434 Tgt 452/459
Sell Tatapower around 887 Sl 892 Tgt 869/859
Sell Sunpharma below 1205 Sl 1216 Tgt 1186/1171
Sell Techmahindra around 335 sl 342 Tgt 321
Nifty below 3347 is weak and can take short positions in small quantity for positional trade on closing basis

Friday, April 17, 2009

17 APRIL 09

Buy RECLTD above 104 tgt 112 sl 102.
Buy ARVIND above 20.5 tgt 22 sl 19.9

Sell NIFTY below 3342 Sl 3370 Tgts 3304-3276
Sell ONGC Futures below 855 sl 871 Tgts 846/832
Sell TATAPOWER Futures below 874 Sl 873 Tgts 841
Sell SUZLON Futures below 55 Sl 58.7 Tgts 51/46
Sell RELINFRA Futures around 645-649 Sl 661 Tgts 635/628/621
Sell TATA MOTORS Futures below 240 with a Sl 247 Tgts 231/226
Sell ESSAR OIL Futures below 145 Sl 157 Tgts 139/132
Sell JINDALSTEL Futures below 1345 Sl 1375 Tgts 1346/1321/1294

Wednesday, April 15, 2009

TIPS FOR INTRADAY 16.04.09

Buy Aban Futures 495-499 sl 490 tgt 519
Buy Kotak Bank Futures 436 -440 sl 429 tgt 454
Buy Bank India Futures 270 sl 259.9 tgt 284
Buy Crompgreav Futures 168.5 sl 165.9 tgt 174
Buy IFCI Futures 25.7 sl 25.30 Tgt 26.40 - 26.9
Sell Hotel leela Futures 24 sl 25 tgt 22
scrips to watch on buy side BHEL, AXIS BANK, ICICI BANK, HDFC, DLF, UNITECH, LITL, BANK NIFTY*
COMMODITIES
BUY NATURAL GAS ABOVE 184 SL 179 POSITIONAL