INTRADAY TIPS FOR 29 MAY 2009

MARKET YESTERDAY ON EXPIRY OPEN IN A WEAK NOTE WITH ASIAN MARKETS BUT REGAINED ITS STRENGTH, MARKET ENDED UP STRONGLY ON A POSITIVE NOTE WITH BANKING AND METALS DOING GREAT. AS FAR AS OTHER SECTORS ARE CONCERNED THEY ALL REMAINED IN HIGHLY CONSOLIDATION PHASE. MARKETS ON THE BROADER SENSE LOOKING VERY STRONG BUT MAY TAKE LITTLE CORRECTION AROUND 15000- 15500 LEVELS IN SENSEX AND 4500-4600 IN NIFTY.

TODAY MARKETS WILL FACE RESISTANCE AROUND 4400 LEVELS BUT IF IT MANAGES TO CROSS IT AND TRADE THEN CANNOT RULE OUT THE NIFTY MAY EVEN TOUCH 4450 IN TODAYS TRADE ITLSELF BUT ONE SHOULD REMAIN CAUTIOUS FROM THIS LEVEL ONWARDS AS 4500 BEING THE STRONG RESISTANCE. ON THE LOWER SIDE MARKET IS BEARISH ONLY BELOW 4180. TRY TO EXIT YOUR HOLDINGS WHEN NIFTY IS AROUND 4500 AND PLAY ONLY ON INTRADAY BASIS.

BUY BHARTI AIRTEL ABOVE 793 SL 779 TGT 810/818
BUY RANBAXY FUTURES ABOVE 268 SL 264 TGT 274/279
BUY STER ABOVE 610 SL 599 TGT 624/632
BUY ARVIND MILLS ABOVE 32 SL 31.25 TGT 34.3/36.25

INTRADAY TIPS FOR 28 MAY 09

GOOD MORNING!!!!

YESTERDAY WE HAVE WITNESSED A VERY HUGE GAP UP OPENING WHICH HAS REVERSED THE NEGATIVE EFFECT OF THE MARKET WHICH WAS CROPPING IN. AFTER YESTERDAYS MOVE NIFTY TURNED BACK TO ITS NORMAL BULLISH ZONE AND CONTINUE TO REMAIN STRONG TILL IT BREACHES THE CRUCIAL LEVELS, ONE IS ADVISED NOT TO SHORT ANYTHING IN THIS MARKET UNLESS IT BREAKES CRUTIAL SUPPORTS AND TRADES, WE HAVE SEEN IN THE LAST 2 WEEKS NIFTY HAS BROKEN CRUCIAL SUPPORTS AND THE VERY NEXT DAY IT HAS TURNED AGAIN BULLISH SO REMAIN CAUTIOUS ON THE SHORTER SIDE AS MARKET IS STRONG STRUCTURALLY.

MARKETS WOULD BE HIGHLY RANGE BOUND AS TODAY IS THE FINAL DAY OF EXPIRY OF THE CONTRACTS ONE HAS TO TRADE WITH VERY LOW VOLUMES AND WITH STRICT STOPLOSSES. TODAY NIFTY MAY FACE SUPPORT AT 4240-4220-4200-4180 AND RESISTANCE AT 4290-4330-4370-4400.

BUY RELINFRA ABOVE 1285 SL 1274 TGT 1300/1310
BUY MRPL ABOVE 76.50 SL 74.45 TGT 79/81
BUY BRFL ABOVE 229 SL 226 TGT 235/244
BUY STER FUTURES ABOVE 590 SL 583.90 TGT 600/605
BUY ARVIND MILLS ABOVE 32.50 SL 31.20 TG T 35/37

INTRADAY TIPS FOR 27 MAY 09

WE HAVE SEEN SOME GOOD MOVE IN THE GLOBAL MARKETS LAST DAY AND ALL THE ASIAN MARKETS MOVED UP IN THE MORNING THIS MAY PUT A PAUSE TO OUR JUST TURNED NEGATIVE MARKETS, TODAY MARKETS SEEM TO GO UP WITH THE NEWS OF GLOBAL MARKETS. ONE SHOULD REMAIN VERY CAUTIOUS IN THIS MARKET AS THE SETTLEMENT IS TOMORROW WE MAY SEE SOME STOCK SPECIFIC MOVES AND MARKET MAY BE VERY VIOLENT.

YESTERDAY WE HAVE SEEN NIFTY BREAKING DOWN THE CRUCIAL SUPPORT ONE CAN REMAIN SHORT ON THE LONG TERM BASIS KEEPING A STOPLOSS OF 4265 ON NIFTY AND ON INTRADAY BASIS IF NIFTY BRAKES 4140 THEN WE CAN SEE NIFTY TO TOUCH 4190 IN INTRADAY DONT UNWIND SHORT POSITIONS TILL 4265 IS BREACHED. ON THE DOWNSIDE ONE CAN SEE NIFTY TO TOUCH 4000 LEVELS IF IT BREAKS 4090. FOR TODAY NIFTY LEVELS ARE R2-4314 R1-4214.13 PIVOT 4152.07 S1-4052.18, S2 -3990.12.

BUY HEROHONDA ABOVE 1348 SL 1335 TGT 1369/1380
BUY INFOSYS ABOVE 1545SL 1539 TGT 1565/1585
BUY RELINFRA 1132 SL 1120 TGT 1148/1159
BUY HDIL ABOVE 265 SL 259 TGT 271/277/281
SELL ADLABS ONLY BELOW 315 SL 321 TGT 306/301
SELL EVERONN BELOW 327 SL 331 TGT 321/316

MARKET CALL INTRADAY 26.05.09

SELL BANK NIFTY AT 7070 SL 7116 7000/6960

INTRADAY TIPS FOR 26 MAY 2009

MARKETS ARE STILL IN THE PHASE OF CONSOLIDATION AHEAD OF EXPIRY, MARKETS WOULD STILL REMAIN IN THIS PHASE FOR ANOTHER COUPLE OF DAYS, ONE OF THE STRONG POINT OF THIS MARKET IS INDICES ARE HOLDING THE CRUCIAL SUPPORT LEVELS. AS THE MARKET BREADTH IS POSITIVE A LITTLE DOWNSIDE IS ALWAYS CONSIDERED TO BE A BUYING OPPORTUNITY TILL IT BREAKES CRUCIAL SUPPORT LEVELS SO KEEP BUYING IN THE MARKET ON THE DOWNSIDE BUT TRY TO BUY LESS QUANTITY. THOUGH THE MARKETS ARE NOT MOVING MUCH THERE IS STOCK SPECIFIC MOVES IN THE MARKET.

MARKETS WOULD REMAIN HIGHLY VOLATILE WITH NEGATIVE BIAS TILL IT CROSSES 4260 IF NIFTY CROSSES THIS LEVEL THEN WE CAN SEE IT TO 4290 AND IF IT BREAKS 4220 MAY SEE NIFTY TO 4190 IF NIFTY CLOSES BELOW 4190 THEN ONE CAN REMAIN SHORT IN THE NIFTY. FOR TODAY THE CRUCIAL SUPPORT FOR NIFTY IS 4190 AND RESISTANCE AT 4400.

BUY TATAPOWER ABOVE 1075 SL 1067 TGT 1084/1089
BUY TATASPONGE ABOVE 229 SL 224 TGT 240/254
BUY HERITAGE FOODS ABOVE 68 SL 65.40 TG T 71/74
BUY NATIONAL ALUMINIUM ABOVE 347 SL 342 TGT 355/368
BUY JINDAL PHOTO ABOVE 144 SL 132 TGT 220 (FORGET FOR 10 TRADING DAYS)
SELL CAIRN FUTURES AT 215 SL 220 TGT 209/205
SELL BHARTI BELOW 810 SL 816 TGT 797/786
OPTIONS BUY ITC JUNE CALL OF 190 AT Rs 10 AND SELL 200 CALL OF JUNE AT 6.50

INTRADAY TIPS FOR 25 MAY 09

AS SAID MARKETS ARE IN THE PHASE OF CONSOLIDATION AND REMAIN TO BE IN THIS PHASE FOR ANOTHER COUPLE OF DAYS TILL THE EXPIRY AND WE MAY SEE SOME SHARP MOVE EITHER ON UPSIDE OR DOWNSIDE. STRUCTURALLY MARKET LOOKS VERY BULLISH, SHORT ONLY THE COUNTERS WHICH ARE WEAK AND THAT TOO ONLY WHEN THE MARKETS BREACH CRUCIAL SUPPORT LEVELS.

TODAY MARKET WOULD REMAIN RANGE BOUND WITH NEGATIVE BIAS BUT SMALL AND MID CAP STOCKS ARE LOOKING GOOD. DO NOT CARRY LOT OF POSITIONS. BUYING ON DIPS IS ADVISABLE AS MARKETS ARE NOT LOOKING WEAK AT ALL. FOR TODAY IF MARKET BRECHES 4200 MAY HEAD TOWARDS 4160 THEN TO 4100 ELSE MARKET WOULD REMAIN RANGE BOUND AND HEAD TOWARDS 4300.

SELL PNB BELOW 659 SL 666 TGT 645

SELL ICICI BELOW 695 SL 706 TGT 682

SELL HDFC BELOW 2125 SL 2144 TGT 2092

BUY EVERYDAY ABOVE 33 SL 30 TGT 36-39

BUY IFCI ABOVE 46.50 SL 43 TGT 50

BUY RNRL ABOVE 76.50 SL 74.70 TGT 78.50/81.5

INTRADAY TIPS FOR 22 MAY 09

MARKETS ARE LOOKING IN THE PHASE OF CONSOLIDATION AND MAY CONTINUE IN THIS PHASE OF CONSOLIDATION ANOTHER COUPLE OF DAYS BUT IF MARKET BREACHES CRUCIAL SUPPORT LEVELS THEN WE MAY SEE INDEX TO FALL AND PROFIT BOOKING CAN BE SEEN IN THE DOWNSIDE AND LEVELS OF INDICIES MAY MOVE FURTHER DOWNSIDE.

TODAY MARKET WOULD BE VOLATILE WITH NEGATIVE BIAS WOULD REMAIN IN RANGE BOUND TILL IT BREACHES 4160 IF THIS LEVEL IS BREACHED THEN WE CAN SEE NIFTY TO TOUCH 4130 AND IF NIFTY MANAGES TO CLOSE BELOW 4160 THEN WE CAN SEE 4000 ON CARDS IMMEDIATELY. NIFTY RESISTANCE AT 4338 AND SUPPORT AT 4108

BUY ROLTA 102.50 TO 104 SL 98 TGT 108/112/116
SELL RELIANCE AT 2110-2115 SL 2140TGT 2085/2061
SELL SBIN AT 1700 SL 1726 TGT 1675/1657
SELL AXIS AT 740 SL 751 TGT 715/705/674

INTRADAY TIPS 21 MAY 09

MARKETS HAVE RALLIED UP QUITE SIGNIFICANTLY AND NOW INDICIES HAVE EXHAUSTED AND ARE TRYING TO CONSOLIDATE. THIS PHASE OF THE MARKETS, INVESTORS NORMALLY TRY TO BOOK PROFITS. SO, WITH SOME PROFIT BOOKING MARKETS MAY COME DOWN A LITTLE, AS THE SENTIMENT IN THE MARKET REMAINS BULLISH EVERY DIP WILL BE USED AS BUYING OPPORTUNITY BY LONG TERM INVESTORS SO MARKET WOULD REMAIN HIGHLY VOLATILE UNLESS IT BREAKS CRUCIAL SUPPORTS. ONE HAS TO LOOK FOR STOCK SPECIFIC COUNTERS RATHER THAN BETTING IN THE INDICIES AT THIS JUNCTURE, THERE ARE FEW GOOD MEDIUM AND SMALL CAP STOCKS WHERE ONE NEEDS TO TARGET.

TODAY MARKETS WOULD REMAIN HIGHLY VOLATILE CRUCIAL SUPPORTS FOR NIFTY IS 4166 AND RESISTANCE AT 4380.

BUY PUNJLLOYD AT 184 SL 177.70 TGT 199
BUY SUZLON AROUND 92.75 SL 89 TGT 99
BUY RNRL 74.50 SL 72.30 TGT 79/81
BUY ADLABS ABOVE 328 SL 319 TGT 342/355**
SELL DLF FUTURES AT 352 SL 363 TGT 310
SELL SUNPHARMA AT 1313 SL 1305 TGT 1240
SELL SBI 1764 SL 1791 TGT 1710

INTRADAY TIPS FOR 20 MAY 2009

GOOD MORNING!

MARKETS YESTERDAY WERE VERY VERY IRRATIC AND BEHAVED LIKE NEVER BEFORE, ONE NEEDS TO BE VERY CAUTIOUS AT THIS JUNCTURE THOUGH THE MARKET OUTLOOK REMAINS STRONG BUT AFTER SUCH A HUGE RALLY ONE MUST OBSERVE THAT MARKETS MAY TAKE A MARGINAL CONSOLIDATION, AND IN THIS CONSOLIDATION PHASE MARKETS REMAIN EXTREEMLY VOLATILE. TRADE VERY CAUTIOUSLY WITH MINIMUM STOPLOSS AND TARGETS.

FOR TODAY NIFTY RESISTANCE AT 4350-4425-4490 AND SUPPORTS AT 4290-4211-4160. IT STOCKS REMAINS WEAK IN TODAYS MARKETS SO AVOID BUYING ANY IT STOCK.

BUY RELCAP ABOVE 909 SL 897 TGT 925/934
BUY ADLABS AROUND 260 SL 244 TGT 280/300/320 (BUY THIS WHEN MARKET SLIDES IN THE MORNING)
SELL AXIS BANK ABOVE 775 SL 784 TGT 760/750/740
SELL INFOSYS BELOW 1560 SL 1576 TGT 1540/1524
SELL CIPLA BELOW 230 SL 235 TGT 224/221/217
POSITIONAL BUY YUKEN(I) AT 62 AND JUST FORGET FOR 20 DAYS TGT 120/140/160

INTRADAY TIPS FOR 19 MAY 2009

YESTERDAY WE HAVE SEEN A SENSATIONAL MOVE IN THE FINANCIAL MARKETS, WHICH WAS BEYOND THE EXPECTATIONS OF ANYONE. YESTERDAY THOUGH MARKETS WERE UP BY ALMOST 17%, THERE WAS HARDLY ANY BUYING IN THE MARKET. ITS JUST 1/40 OF WHAT USALLY MARKET TRADES. I WOULD LIKE TO BRING FEW POINTS FOR YOUR INFORMATION WHICH ARE KEY IN TODAYS MARKETS

1. ACCORDING TO SOURCES THERE ARE STILL AROUND 1 CRORE OF NIFTY SHORTS LYING IN THE MARKET WHICH ARE YET TO BE COVERED.

2. ANOTHER IMPORTANT POINT IS MARGINS ARE GOING TO BE INCREASED TO ALMOST 100% IN TOP END FUTURES AS WELL.

3. FEW BROKER HOUSES ARE IN DEEP TROUBLE WHERE THERE ARE HEAVY SHORTS BUILTUP BY THEIR CLIENTS & RUNNING OUT OF BALANCES AND ARE REQUIRED TO COVER THEM UP IMMEDIATELY TO CUT FURTHER INCREASE IN THIER LOSSES WITH THIS MARKETS MAY TRIGGER FROM THAT CORNOR TOO SO FIRMS MAY TRY TO SELL IN THE MARKETS TO THE MAXIMUM. THESE ALL THINGS WILL ADD FUEL TO THE FIRE AND MARKETS MAY GO UP BEYOND IMAGINATION. ONE CANNOT RULE OUT THE FACTOR THAT MARKET MAY EVEN GO UP BY 10% TODAY. ONE HAS TO BE CAUTIOUS TO SHORT I WOULD ADVISE NOT TO GO SHORT IN ANY CASE. SENSEX MAY GO UP BY ATLEAST 16000.

BUY IFCI, RNRL, RPL, RELINFRA, UNITECH & LITL

INTRADAY TIPS 18 MAY 2009

MARKETS ARE AGAIN IN THE SECOND PHASE OF BULL RUN AND THE GRAVITY OF UPMOVE WILL START WITH 300++ POINTS IN NIFTY WE CAN EXPECT THE NIFTY TO OPEN SOMEWHERE IN 3900++ AND HEAD TOWARDS 4000++ IN MINUTES AND HIT UPPER CIRCUIT. MARKET OUTLOOK REMAINS VERY STRONG WILL HEAD TOWARDS 4000-4200-4400. BANKING SECTOR TO REMAIN VERY STRONG AND MAY SEE 10 TO 15% UP MOVE FROM HERE ALONG WITH INFRA AND ALL PSU'S WILL SURGE. BUY ANY FRONT END STOCK IN THE MARKET AND FORGET FOR TWO WEEKS.

TODAY THERE IS NO POINT GIVING INTRADAY CALLS AS NO ONE CAN BUY ANYTHING FOR 2 TO 3% THIS MARKET IS SUCH WHERE ONE HAS TO LOOK FOR 3O TO 100% RETURN IN ONE MONTH.

ALL CALLS ARE POSITIONAL

BUY LANCO TGT 550
BUY HDIL TGT 350++
BUY IFCI TGT 60+
BUY RNRL TGT 100+
BUY SUZLON 120+
RIIL, BHEL, RELIANCE, LT, BANKINDIA, NTPC, NEYVELLIGNITE & SESAGOA ALL ARE BULLIISH

INTRADAY TIPS FOR 15.05.09

GOOD MORNING!!!

WE HAVE WITNESSED IN THE LAST FOUR TRADING SESSIONS THAT MARKETS ARE HIGHLY VOLATILE WITH VOLATALITY INDEX SHOOTING VERY HIGH. MARKETS ARE STILL IN THE PHASE OF CONSOLIDATION AFTER A BIG UPMOVE, SENTIMENT REMAINS STRONG IN THE MARKET AND MARKETS EXPECTED TO BE IN THE PHASE OF CONSOLIDATION BEFORE ANY VIOLENT MOVE AFTER TOMORROW'S RESULTS. I WOULD LIKE TO CAUTION ALL THE INVESTORS TO STAY AWAY FROM ANY HOLDINGS AT THE END OF THE DAY, AS WE WILL BE WITNESSING AN ERATIC MOVE ON MONDAY.

FOR TODAY MARKETS WOULD BE WITH POSITIVE BIAS. ONE SHOULD STRICTLY FOLLOW THE SUPPORT AND RESISTANCES FOR ALL THE TRADES THEY ARE DOING, NIFTY STRONG RESISTANCE AT 3642 AND 3680 AND SUPPORTS AT 3557 AND 3511. IF NIFTY MANAGES TO TRADE ABOVE 3566 THEN ONE CAN STAY LONG AND IF NIFTY MANAGES TO TRADE BELOW 3566 THEN EXIT ALL LONG POSITIONS.

TRADING STRATEGY FOR MONDAY BUY 3600 PUTS AT 150-160 AND 3600 CALLS AT 150-160 AND BOTH THE CALL AND PUT SHOULD NOT CROSS 300 RUPEES. IN THE OPENING TODAY AND HOLD IT TILL MONDAY MORNING.

BUY ICICIBANK AT 536 SL 529 TGT 555
BUY DLF FUTURES ABOVE 244 SL 237 TGT 263
BUY RELINFRA FUTURES ABOVE 812 SL 800 TGT 823/851
BUY TATAMOTORS ABOVE 560 SL 554.80 TGT 566/572/578
SHIPPING STOCKS AND REALITY LOOKING BULLISH

INTRADAY TIPS FOR 14 MAY 09

GOOD MORNING
MARKETS ARE IN THE VERGE OF DECLINING AS THE EXIT POLL RESULTS ARE OUT WITH LOTS OF SPECULATIVE MOVE AMONG THE INVESTORS, MARKETS LIKELY TO COME DOWN WITH LOT OF PANIC IN THE MARKETS IN THE MINDS OF INVESTORS. BE LITTLE CAUTIOUS IN HOLDING ANY POSITIONS. TODAY IF MARKETS BREACHES 3580 THEN GO FOR SHORT POSITIONS MARKET MAY SLIDE TO 3520 IN TODAYS TRADE AND IF NIFTY HOLDS ABOVE 3580 THEN MARKET IS STILL CONTINUED TO BE POSITIVE.

SELL HDIL BELOW 179 SL 184 TGT 173/171
SELL TATAPOWER BELOW 888 SL 900 TGT 870/858
SELL RIIL BELOW 737 SL 754 TGT 720

INTRADAY TIPS FOR 13 MAY 09

GOOD MORNING!

MARKETS YESTERDAY MOVED UP WITH STRONG NOTE, MARKETS NOT ONLY MOVED UP BUT ALSO POSTED STRONG VOLUMES WHICH INDICATES FURTHER UPMOVE. BUT WOULD STILL ADVICE TO STAY CAUTIOUS HEDGE YOUR POSITIONS WITH ATLEAST 20% OF YOUR CAPITAL. ALL THE GLOBAL MARKETS ARE ALSO FAVOURING THE MARKET, NOT TO FORGET THE SCENARIO OF INDIAN MARKET THEY WOULD CHANGE IN A MATTER OF HOURS AS WE ARE VERY NEAR TO THE ELECTION RESULTS SO IT IS GOING TO BE HIGHLY VOLATILE SO BE VERY VERY CAUTIOUS IN HOLDING POSITIONS.

FOR TODAY MARKET WOULD OPEN POSITIVE AND WOULD REMAIN IN POSITIVE ZONE. IF TRADED ABOVE 3717 THEN MAY TAKE THE INDEX TO 3740-3770 AND IF NIFTY BREACHES 3660 MAY SEE A DECLINE TILL 3620 DONT SHORT ANYTHING ABOVE 3550 MARKETS ARE LOOKING STRONG FOR NOW SO FOLLOW THE TREND.

BUY AXISBANK AROUND 662.80 SL 633 TGT 675/684
BUY BAJAJHIND AROUND 109.75 SL 108 TGT 114/119
BUY CESC ABOVE 254 SL 249.5 TGT 258.90/267.8
BUY FEDERAL BANK AT 178.50 SL 174.50 TGT 183/187
BUY HDFC ABOVE 1851 SL 1829 TGT1885/1896
BUY MARUTI ABOVE 867 SL 855 TGT 878/886

INTRADAY TIPS FOR 12.05.09

GOOD MORNING!

MARKETS IN THE LAST DAY WE HAVE WITNESSED SELLING WITH HEAVY VOLUMES . THE OPEN INTREST IN FEW STOCKS FUTURES HAVE SHED AND IF THIS CONTINUES FOR ANOTHER COUPLE OF DAYS THEN WE CAN WITNESS SOME GOOD AMOUNT OF SHORTS BUILT UP IN THE MARKET. GLOBAL MARKETS HAVE STARTED DECLINING AFTER A GOOD RALLY SO IF OUR MARKETS CONTINUOUS TO BLEED FOR ANOTHER COUPLE OF DAYS THEN THE GLOBAL SCINARIO WILL ADD FIRE TO THE FUEL.

FOR TODAY MARKET WOULD REMAIN HIGHLY VOLATILE WITH NEGATIVE BIAS. REMAIN SHORT IN NIFTY WITH STOPLOSS 3690. SUPPORT FOR NIFTY SEEN AT 3500-3460-3400 IF NIFTY BREACHES 3515 ONE CAN INITIATE FRESH SHORT IN THE MARKET AVERAGE SHORT POSITIONS.

BUY AXIS BANK ABOVE 618 SL 606 TGT 634
BUY SESAGOA ABOVE 135.50 SL 134 TGT 141/144
BUY JSWSTEEL ABOVE 416 SL 410 TGT 430/439
BUY BALRAMPUR CHINI ABOVE 78 SL 76.70 TGT 79.40/81
SELL SBI BELOW 1260 SL 1274 TGT 1242/1222
SELL SAIL BELOW 119 SL 122 TGT 116/112
SELL TATAMOTORS BELOW 257 SL 263 TGT 243/239
SELL DLF BELOW 250 SL 255 TGT 241/235

INTRADAY TIPS FOR 11 MAY 09

GOOD MORNING!

MARKETS ARE IN THE CRUCIAL PHASE AND ARE AROUND THE CRUCIAL SUPPORTS LEVELS. TODAY MARKETS MAY BE VOLATILE WITH NEGATIVELY BIAS, IF NIFTY PLUNGES BELOW 3580 WITH VOLUMES JUST EXIT 75% OF YOUR HOLDINGS IT IS AN INDICATION FOR FURTHER DOWNSIDE NIFTY MAY TOUCH 3500-3400, ABOVE 3580 LEVEL MARKET MAY HOLD AND GO FURTHER UPSIDE, STAY IN THE MARKET BASED ON THESE LEVELS

BUY PRAJINDS 76.50 SL 74.35 TGT 77.9/79
BUY WELSPUN GUJ FUTURES ABOVE 115 SL 110.40 TGT 119/122
BUY PROVOGUE(I) AT CMP SL 37.4 TGT 41/45
SELL RELINFRA BELOW 766 SL 778 TGT 751/742
SELL BHEL BELOW 1650 SL 1666 TGT 1632/1621
SELL MCDOWELL BELOW 660 SL 680 TGT 620/601

TEA STOCKS, SHIPPING AND SUGARS ARE LOOKING STRONG

INTRADAY TIPS FOR 08.05.09

MARKET LOOKS HIGHLY VOLATILE TODAY THE VOLATALITY INDEX IN THE MARKET IS VERY HIGH. TODAY MARKET WOULD FACE MAJOR RESISTANCE SEEN AROUND 3730-3760 ONE CAN SHORT AT THESE LEVELS WITH STOPLOSS OF 3780. MARKET LOOKS BEARISH ONLY IF IT BREACHES 3624 AND CLOSES THE DAY, ONE CAN CONTINUE TO STAY SHORT IN NIFTY IF IT CLOSES BELOW 3624.

BUY MARUTI ABOVE 842.5 SL 836 TGT 859
BUY MLL ABOVE 42 SL 41.5 TGT 44
BUY SAL STEEL ABOVE 9.25 SL 8.5 TGT 10.3/11
BUY ELECTCAST WITH SL 22 TGT 40 HOLD FOR FEW DAYS
BUY TATASTEEL FUTURES AT 296 SL 291 TGT 304/309

SELL TATACOMM BELOW 560 SL 564 TGT 549

INTRADAY TIPS FOR 07 MAY 2009

YESTERDAY WITH PROFIT BOOKING AND AWAITED US BANKS STRESS TEST RESULT OUR MARKETS WERE IN THE PHASE OF SELL OFF. WE HAVE WITNESSED SELL OFF MAJORLY IN BANKING SECTOR, WITH THE POSITIVE IMPACT OF THE US BANK STRESS TEST AND WITH THE POSITIVE OUTLOOK OF THE GLOBAL INDICIES MARKET HAS NOT GIVEN UP THE HOPE OF FURTHER UPMOVE. THIS KIND OF NEWS(US STRESS TEST) IN THE POSITIVE MAREKT WILL HELP THE STOCKS TO TAKE LITTLE RETRACEMENT FOR FURTHER UP MOVE. SECTORS LIKE MEDIA AND FERTILIZERS ARE LOOKING GOOD AND WITH THE POSITIVE IMPACT OF US BANK STRESS TEST MAY ALSO FAVOUR BANKING SECTOR.

FOR TODAY MARKETS WILL BE VOLATILE ON A POSITVE BIAS, IF NIFTY IS BELOW 3614 ONE CAN PREFER TO EXIT LONGS AND STAY SHORT WITH LOW VOLUMES AND IF NIFTY BREACHES 3600 THEN ONE CAN GO SHORT AND IF NIFTY BREACHS 3580 ON CLOSING BASIS ONE CAN STAY SHORT AND CAN SEE NIFTY TO TEST 3500 LEVELS IMMEDIATELY. ON THE UPSIDE THOUGH THE MARKETS MAY NOT BE ENCOURAGING AT THIS STAGE, ONE CAN GO LONG ONLY ABOVE 3680 ON POSITIONAL BASIS ONE CAN USE THIS LEVEL FOR ENTRY IF THIS LEVEL CROSSES THEN WE CAN SEE FURTHER UPSIDE TILL 3715 TO 3760.

BUY RELIANCEINFRA FUTURES AROUND 806 SL 799 TGT 820/836/844**
BUY BANKOFINDIA FUTURES ABOVE 230 SL 225 TGT 240/247/254
BUY NTPC FUTURES AROUND 195 SL 192.80 TGT 200/202
BUY IFCI FUTURES ABOVE 27 SL 25.90 TGT 29
SELL MARUTI FUTURES BELOW 808 SL 817.4 TGT 800/786
SELL JP ASSOCIATES FUTURES BELOW 136.80 SL 139.60 TGT 133/130

INTRADAY TIPS FOR 06 MAY 2009

MARKETS WERE PURELY RANGE BOUND SEEMS TO BE IN THE PHASE OF CONSOLIDATION THIS KIND OF CONSOLIDATION AFTER A GOOD MOVE WILL MAKE THE MARKET TO BE RANGE BOUND FOR ANOTHER COUPLE OF DAYS AND THEN MAY GIVE CLEAR INDICATION ABOUT THE TREND. MARKETS AT THIS JUNCUTRE LOOKING VERY BULLISH AND MAY HEAD TOWARDS 3750 IN NEAR TERM THIS IS CONSIDERED TO BE THE RESISTANCE FOR THE NIFTY. WE HAVE SEEN SOME FRESH OPEN INTREST BUILD UP IN THE FRONT END STOCKS WHICH IS AGAIN A BULLISH SIGN FOR THE MARKETS. WE HAVE ALSO WITNESSED HUGE VOLUME BASED BUYING IN SMALL AND MEDIUM CAP STOCKS, WHICH CLEARLY STATES THAT THERE IS FURTHER SCOPE OF UPSIDE IN THE NEAR TERM.

THOUGH MARKET SEEMS TO BE BULLISH ONE CANNOT RULE OUT ANY DOWNSIDE WHICH IS GOING TO COME LIKE HURRICANE. SO THE RISK OF HOLDING ANYTHING NAKEDLY IN THIS MARKET MAY EAT AWAY ALL THE GAINS MADE SO HEDGE YOUR POSITIONS TO CERTAIN EXTENT ATLEAST BY 1:5 OF YOUR CAPITAL. FOR TODAY MARKETS WOULD REMAIN RANGE BOUND. THE LEVELS ONE HAS TO WATCH ARE FOR NIFTY ARE SUPPORT AT 3542 RESISTANCE AT 3772. NIFTY WOULD REMAIN BETWEEN 3620-3705.

BUY SUZLON ABOVE 73 SL 71 TGT 76/78
BUY RNRL ABOVE 62 SL 60.80 TGT 64/67/69
BUY NMDC CMP SL 205 TGT 225/232 ---> CAN HOLD POSITIONALLY
SELL HDFC BELOW 1858 SL 1882 TGT 1827/1785
SELL HDIL BELOW 171 SL 174.90 TGT 167/161/157
SELL APIL BELOW 345 SL 353 TGT 335

OPTIONS
BUY ICICIBANK 540 PA AROUND 30-35 SL 18 TGT 65/80 CAN HOLD DELV
BUY TATAMOT 240 PA AROUND 6-7 SL 4 TGT 15/20/30 CAN HOLD DELV

INTRADAY TIPS FOR 05.04.09

GOOD MORNING!

MARKET HAS ACTED AS TOLD AND REACHED OUR ULTIMATE TARGETS. WITH THE HUGE RALLY OF YESTERDAY, MARKET MAY OPEN IN POSITIVE NOTE BUT MAY NOT SUSTAIN IT FOR LONG TIME IN THE INTRADAY AND EXPECTED TO BE VERY VOLATILE, ONE CANNOT RULE OUT THAT MARKET IS BULLISH, MARKET ARE BULLISH AND REMAIN TO BE IN THE SAME DIRECTION AND MAY REACH A TARGET OF 3700-3750 THIS WEEK. NIFTY HAS STRONG SUPPORT AT 3515 IF BREACHES ONE CAN THINK OF EXITING FROM THE EXISTING POSITIONS AND GOING SHORT WILL BE FAVOURABLE ONLY AND ONLY WHEN NIFTY BREACHES 3460.

BUY HDFC BANK FUTURES SL 1184 SL 1240
BUY HDFC FUTURES SL 1944 TGT 2010
BUY ICICIBANK FUTURES SL 513 TGT 545/560
BUY ITC FUTURES SL 204 TGT 210
BUY STERLITE INDUSTRIES FUTURES SL 471 TGT 490/497
SELL BANK OF INDIA FUTURES SL 242.80 TGT 223
SELL MTNL FUTURES SL 70.70 TGT 68.60/67.5
SELL EDUCOMP FUTURES SL 2357 TGT 2300/2240

COMMODITY TIPS FOR 04 MAY 09

SELL CRUDE AROUND 2645 TGT 2601/2570 SL 2683

TIPS FOR 04 MAY 09

GOOD MORNING!

MARKET SENTIMENT REMAINS BULLISH, FOR TODAY MARKETS WILL BE POSITIVELY BIASED BE CAUTIOUS IN THE SELLING SIDE TRY TO BE ON THE POSITIVE SIDE OF THE MARKET FOLLOW THE TREND. MARKET IS EXPECTED TO GO UP TILL 3750 BEFORE THE DECLARATION OF THE RESULTS. NIFTY IF CROSSES 3520 WOULD TRIGGER IT MOVE TO 3555-3670 LEVELS. IT AND SUGAR SECTOR SEEN AS GOOD SPACE FOR BUYING FOR INTRADAY.

BUY RPOWER FUTURS SL 123 TGT 126/128/130
BUY BANKBARODA SL 329 TGT 340/345
BUY INFOSYS SL 1494 TGT 1540/1570
BUY UNITECH SL 43.10 TGT 46/48