Wednesday, September 30, 2009

INTRADAY TIPS FOR 30 SEPTEMBER 2009

GOOD MORNING!!!
TODAY IF NIFTY TRADES ABOVE 5020 THEN ONE CAN INITIATE LONGS FOR A TARGET OF 5051 AND THEN 5090 IF NIFTY TRADES ABOVE 5051 THEN YOU CAN SEE NIFTY ABOVE 5100. IF NIFTY TRADES BELOW 4980 THEN 4950 AND TRADING BELOW THIS LEVEL WOULD LEAD NIFTY TO 4926/4906 IF NIFTY CLOSES BELOW 4925 AND 4906 THEN YOU CAN SEE NIFTY TO COME DOWN FURTHER. BUT ANY CLOSE BELOW 4905 IS CONSIDERED TO BE WEAK AND NIFTY MAY SEE NEW LOWS IN THE NEAR FUTURE. TODAY ONE CAN WATCH OUT FOR EDUCATION STOCKS.
BUY TATAPOWER SL 1299 TGT 1340/1347
BUY AXIS BANK SL 923 TGT 934/939
BUY ERA INFRA SL 156 TGT 172/175
BUY EVERONN SL 404 TGT 420/425
BUY CIPLA SL 271 TGT 280/284
POSITIONAL TRADES
BUY ETC NETWORK TGT 200/250*/500*
BUY SINGER INDIA TGT 60*/75*/90*

Tuesday, September 29, 2009

INTRADAY TIPS FOR 29 SEPTEMBER 2009

GOOD MORNING!!!
ON THE LAST TRADING DAY VOLATILITY RULED THE ROOST AS THE KEY INDICES SLIPPED WITH INVESTORS TAKING HOME SOME CASH AHEAD OF A LONG WEEKEND AND WITH THE MARKET OPEN ONLY FOR THREE DAYS NEXT WEEK. ON FRIDAY MOST OF THE GLOBAL INDICIES ALSO WEIGHED THE SENTIMENT. BUT UNLESS AND UNTILL NIFTY BREACHES 4897 ONE CAN REMAIN LONG AND BELOW 4740 ONE CAN SEE SOME KIND OF SELL OFF TILL THEN MARKET LOOKS GOOD.
TODAY MARKETS MAY OPEN POSITIVE AND MAY CONTINUE TO REMAIN IN THE ZONE IF NIFTY TRADES ABOVE 4982 THEN IT WILL GO TO 5018 AND TRADING ABOVE 5021 WILL LEAD TO 5051 ONE HAS TO SEE IF NIFTY CLOSES ABOVE 5021 THEN CAN SEE FRESH HIGHS OF THE YEAR. ON THE LOWER SIDE IF NIFTY TRADES BELOW 4950 THEN WOULD 4931 AND BELOW THAT IT WILL TAKE NIFTY TO 4906 AND TRADING BELOW 4900 IS CONSIDERED TO BE WEAK FOR TODAY. PHARMA STOCKS ARE GOOD, BANKING IS ALSO A GOOD BET.
BUY KFA SL 54 TGT 60/62/65
BUY BIOCON SL 252 TGT 262/265/267
BUY ONGC SL 1150 TGT 1178/1191
BUY WALCHANDNAGAR SL 209 TGT 221/225/230

Friday, September 25, 2009

INTRADAY TIPS FOR 25 SEPTEMBER 2009

GOOD MORNING!!!

TODAY MARKET WOULD BE VOLATILE WITH INITIALLY ON THE NEGATIVE BIAS. MARKETS TODAY ARE ENTERING INTO THE NEW CONTRACT ZONE WE MAY SEE A NEGATIVE OPENING BUT WE CANNOT CONCLUDE NIFTY TO BE ON THE NEGATIVE ZONE. ONE HAS TO SEE THE FOLLOWING LEVELS FOR INITIATING ANY TRADE ON THE UPSIDE IF NIFTY TRADES ABOVE 4980 THEN IT IS LIKELY TO SEE NIFTY AT 5012 AND IF NIFTY CROSSES 5015 AND TRADES FOR A LITTLE WHILE THEN WE CAN SEE NIFTY TO GO TO 5058 LEVLES AND ON THE DOWNSIDE IF NIFTY TRADES BELOW 4970 THEN IT WILL TAKE SUPPORT AT 4937 AND BREAK BELOW THIS LEVEL WOULD LEAD NIFTY TO 4906 AND BREACH AND CLOSE BELOW THIS LEVEL WOULD MAKE NIFTY WEAKER AND ONE IS ADVICED TO EXIT LONGS.


BUY HDFC BANK ABOVE 1620 SL 1599 TGT 1650/1674
BUY HCL ABOVE 345 SL 341 TGT 350/352
BUY ROLTA ABOVE 175 SL 173 TGT 179/184
BUY M&M ABOVE 860 SL 852 TGT 874/886/894
DELIVER TIPS
BUY RISHABHDEV TECHNOCABLE LTD.AT 20 TGT 50
BUY GSPL AT 77 SL 70 TGT 98
BUY MRPL AT 85 SL 77 TGT 108
BUY GIPCL AT 105 SL 90 TGT 160

Thursday, September 24, 2009

INTRADAY TIPS FOR 24 SEPTEMBER 2009

GOOD MORNING!!!
KEY INDICES SLUMPED IN THE LAST ONE HOUR OF TRADE ON FEARS A GLUT IN SHARE SALES MAY SUCK LIQUIDITY FROM THE SECONDARY MARKET. PROFIT TAKING EMERGED AFTER A STRONG RALLY THIS MONTH TOOK THE MARKET TO A 16-MONTH HIGH. VOLATILITY WAS THE ORDER OF THE DAY AS TRADERS ROLLED OVER DERIVATIVES CONTRACTS FROM SEPTEMBER 2009 SERIES TO OCTOBER 2009 SERIES AHEAD OF THE EXPIRY OF SEPTEMBER 2009 CONTRACTS. IT, REALTY, TELECOM AND CAPITAL GOODS STOCKS LED THE LOSSES. VOLATILITY MAY REMAIN HIGH IN THE NEAR TERM DUE TO ROLLOVER IN DERIVATIVES CONTRACTS. AMONG INDIVIDUAL STOCKS, L&T, HERO HONDA, INDIA CEMENTS, POWER GRID CORPORATION, AND M&M, HAVE SEEN SUBSTANTIAL ROLLOVER. STOCKS WITH LOW ROLLOVER INCLUDE WELSPUN-GUJARAT STAHL ROHREN, DISH TV, STEEL AUTHORITY OF INDIA, INDIABULLS REAL ESTATE AND SHREE RENUKA SUGARS.
MARKETS TODAY WOULD OPEN ON NEGATIVE NOTE BUT MARKET STILL IS NOT WEAK, ONE HAS TO WATCH OUT FOR THE KEY LEVELS IN THE NIFTY BEFORE TAKING ANY SHORT OR LONG POSITIONS. ON THE NEGATIVE FRONT IF NIFTY TRADES BELOW 4950 THEN IS LIKELY TO SEE NIFTY AT 4897 LEVELS BREAK BELOW 4890 WOULD LEAD NIFTY TO 4845 IF NIFTY CLOSES BELOW 4860 THEN WE SEE SOME NEGATIVE TREND IN NIFTY. ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 4990 THEN WOULD LEAD NIFTY TO 5040 AND THEN ABOVE THAT 5070. CLOSE ANYTHING ABOVE 5000 WOULD TAKE NIFTY TO NEW HIGHS. TEA STOCKS LOOKING GOOD
POSTIVE STOCKS TO WATCH OUT : JSWSTEEL, HCC, JETAIRWAYS, AXIS BANK
NEGATIVE STOCKS TO WATCH OUT: STATEBANK, RELCAP, BHARTI, JINDALSTEL

Wednesday, September 23, 2009

INTRADAY TIPS FOR 23 SEPTEMBER 2009

GOOD MORNING!!!
MARKETS WOULD BE RANGE BOUND WITH POSITIVE BIAS ONE HAS TO STAY VERY CAUTIOUS AS THERE IS FNO EXPIRY TOMORROW. TODAY IF NIFTY 5000 THEN IT WILL REACH 4970 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 4940 AND ANY CLOSE BELOW 4920 IS CONSIDERED TO BE WEAK CLOSING AND TODAY WE WOULD SEE ONLY NARROW RANGE BOUND MARKET. ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 5025 THEN WILL HIT 5060 AND THEN 5080. FOR NOW NIFTY LOOKS POSITIVE AND NEEDLESS TO PANIC BUT WISE THING IS TRADE WITH VERY LESS CAPITAL.
NO RECOS STAY CAUTIOUS

Tuesday, September 22, 2009

INTRADAY TIPS FOR 22 SEPTEMBER 2009

GOOD MORNING!!!
INDICES POSTED SMALL GAINS ON FRIDAY, IT WAS A CHOPPY SESSION OF TRADING BUT INDICIES HAVE POSTED A STRAIGHT FOURTH DAY GAINS AND NIFTY CLOSED AT 16 MONTH HIGHS. BANKING WAS WEAK WHILE CEMEMT AND AUTO ROSE. MARKET WAS HIGHLY VOLATILE. MARKET MOVED IN A VERY NARROW RANGE. THE NEXT MAJOR TRIGGER AFTER THE ADVANCED TAX IS QUARTER 2 RESULTS.
TODAY MARKET WOULD BE VERY RANGE BOUND AND ONE HAS TO WATCH THE LEVELS VERY CAREFULLY AS THE MARKET IS AT ITS PEAK. IF NIFTY TRADES ABOVE 4975 IT WILL TAKE NIFTY TO 4996 AND TRADING ABOVE 5007 NIFTY WILL TAKE A NEW HIGH OF 5050 LEVELS AND ON THE DOWNSIDE IF NIFTY TRADES BELOW4952 THEN IT WILL LEAD TO 4932 AND BREAK BELOW THIS LEVEL IS CONSIDERED TO BE WEAK AND ONE HAS TO STAY VERY CAUTIOUS AND WILL SEE NIFTY TO BREACH 4900 IN VERY SHORT SPAN OF TIME AND CLOSING ANYTHING BELOW 4932 IS CONSIDERED TO BE A VERY WEAK CLOSING AND ONE IS ADVISED TO STAY AWAY FROM LONGS.
BUY TATAPOWER ABOVE 1325 SL 1317 TGT 1336/1349/1364
BUY HCC SL 119 TGT 134/139/144
BUY UNITEC SL 108 TGT 114.5/117/119
BUY HPCL ABOVE 384 SL 377 TGT 390/397/409
BUY NAGARJUNA CONSTRUCTION SL 148 TGT 157/160

Friday, September 18, 2009

INTRADAY TIPS FOR 18 SEPTEMBER 2009

GOOD MORNING!!!
INDICES LAST DAY WERE VERY FIRM IN THE EARLY TRADE AND GAVE UP IN THE LAST 25 MIN OF TRADE AS PROFIT BOOKING CROPPED IN. AUTO AND BANKING LED THE REALLY WHILE RELIANCE AND FEW OTHER METAL SECTOR DECLINING. OVERALL MARKET WAS STILL ON THE POSITIVE ZONE, INDICATING THE OVERALL HEALTH TO BE POSITIVE.
TODAY MARKET WOULD BE VOLATILE INITIALLY WITH NEGATIVE BIAS THE TREND TO CONTINUE ONLY IF THE LEVELS INDICATED BELOW ARE BROKEN. IF NIFTY BREACHES 4952 THEN WOULD SEE NIFTY TO COME DOWN TO 4920 LEVLES AND IF THIS LEVEL IS BROKEN WITH VOLUMES AND TRADED BELOW THIS THEN WE CAN SEE IT TO GO TO 4896 ONE HAS TO BE CAUTIOUS ONLY BELOW 4865 IF NIFTY CLOSES BELOW 4865 THEN IT IS ADVISED TO ALL THE INVESTORS AND TRADERS TO EXIT THEIR POSITION AND REMAIN WITH NO POSITION EXPECT FOR FEW PUTS. ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 4880 THEN ONE CAN TAKE POSITION FOR LONGS FOR A TARGET OF 5009 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5070. ONE CAN WATCH CEMENT SECTOR.
BUY FSL BELOW 35.30 SL 34.65 TGT 36.50/37.80
BUY ACC ABOVE 827 SL 821 TGT 836/844/859
BUY MARUTI ABOVE 1560 SL 1549 TGT 1574/1590
SELL RELIANCE SL 2091 TGT 2050/2032
SELL TISCO BELOW 520 SL 526 TGT 508/490/483

Thursday, September 17, 2009

GOOD MORNING!!!
INDICES HAVE SHOWN A GREAT COMMITMENT TRAVELING TOWARDS NORTH. WE HAVE SEEN MOST OF THE STOCKS GIVING GOOD MOVEMENT ON THE UPFRONT. YESTERDAY AUTO, FMCG, METALS, PHARMA, POWER, BANKING AND REALITY STOCKS ALONG WITH SUGARS WERE VERY GOOD, ALMOST ALL THE SECTORAL INDICES WERE IN GREEN. OVERALL HEALTH OF THE MARKET IS QUITE BULLISH BUT IT HARDLY TAKES ANYTIME TO CONVERT ITSELF INTO BEARISH PHASE AS THE INDICATORS GOT TIRED AND ALMOST AT THEIR PEAKS SO EVERY HIGH ONE CAN KEEP BOOKING PROFITS.
TODAY MARKETS WOULD BE RANGE BOUND. IF NIFTY TRADES ABOVE 4960 THEN IT WOULD LEAD MARKET TO 4995 AND IF NIFTY TRADE ABOVE 5000 FOR FEW MINUTES IT IS QUITE EVIDENT THAT NIFTY WOULD GO TO 5070. ON THE NEGATIVE SIDE OF THE MARKET IF NIFTY TRADES BELOW 4945 THEN WOULD LEAD NIFTY TO 4924 IF NIFTY TRADES BELOW 4924 THEN WE CAN SEE NIFTY TO COME DOWN TO 4900 IF TRADES BELOW THIS LEVEL WITH VOLUMES THEN WILL COME DOWN TO 4865. CLOSING AROUND 4900 IS ADVICED TO PARTIALLY BUY SOME STOCKS FOR THE NEXT DAY BUT IN LESS QTY AND ONLY THOSE WHICH ARE IN POSITIVE SIDE.

BUY HOTEL LEELA SL 38 TGT 39.5/41
BUY LIC HSG SL 740 TGT 783/812
BUY RANBAXY SL 350 TGT 359/367
BUY LANCO INFRA SL 454 TGT 477/485
BUY TATASTEEL SL 524 TGT 544/554
SELL ADLABS SL 355 TGT 348/343

Wednesday, September 16, 2009

INTRADAY TIPS FOR 16 SEPTEMBER 2009

GOOD MORNING!!!
INDICES RESUMED GAINS AFTER TAKING A BREATHER ON MONDAY, 14 SEPTEMBER 2009 ON REPORTS OF HIGHER ADVANCE TAX PAYMENT BY SOME TOP INDIAN FIRMS. A SURVEY SHOWING AN IMPROVEMENT IN BUSINESS CONFIDENCE IN INDIA ALSO BOOSTED SENTIMENTS. REALTY, METAL AND BANKING STOCKS GAINED. THE TWO KEY INDICES - THE SENSEX AND THE S&P CNX NIFTY HIT THEIR HIGHEST CLOSING LEVEL IN MORE THAN 15 MONTHS. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES ROSE. THE MARKET BREADTH WAS STRONG. THE MARKET OPENED ON A FIRM NOTE TRACKING HIGHER ASIAN STOCKS. THE RALLY GATHERED FURTHER STRENGTH IN MID-MORNING TRADE WITH THE SENSEX HITTING A FRESH INTRADAY HIGH. THE MARKET CONTINUED UPTREND IN EARLY AFTERNOON TRADE WITH THE SENSEX AND NIFTY HITTING MULTI-MONTH HIGHS. THE MARKET PARED GAINS IN EARLY AFTERNOON TRADE. IT REGAINED STRENGTH IN MID-AFTERNOON TRADE, HOVERING NEAR THE DAY'S HIGH. THE SENSEX HIT FRESH INTRADAY HIGH IN LATE TRADE. HIGHER ADVANCE TAX PAYMENT BY SOME OF THE TOP FIRMS IN THE SECOND INSTALLMENT OF 15 SEPTEMBER 2009 MEANS THEIR PROFITS MAY RISE IN Q2 SEPTEMBER 2009 OVER Q2 SEPTEMBER 2008. AS PER REPORTS, STATE BANK OF INDIA, INDIA'S BIGGEST COMMERCIAL BANK BY BRANCH NETWORK, HAS PAID 71.5% HIGHER ADVANCE TAX AT RS 1,832 CRORE IN THE SECOND QUARTER OF 2009-10 OVER THE CORRESPONDING PERIOD LAST YEAR.SOFTWARE MAJOR TCS HAS REPORTEDLY PAID 315% HIGHER ADVANCE TAX AT RS 220 CRORE IN THE SECOND INSTALLMENT. TRACTOR MAJOR MAHINDRA & MAHINDRA HAS REPORTEDLY PAID 540% HIGHER ADVANCE TAX AT RS 112 CRORE IN THE SECOND INSTALLMENT. TATA MOTORS PAID ADVANCE TAX OF RS 100 CRORE IN THE SECOND INSTALLMENT, MUCH HIGHER THAN RS 19 CRORE LAST YEAR. BUT LARSEN & TOUBRO PAID NIL ADVANCE TAX AGAINS RS 150 CRORE PAID IN THE CORRESPONDING PERIOD LAST YEAR. AMONG PUBLIC SECTOR BANKS LIKE BANK OF INDIA PAID RS 470 CRORE AS AGAINST RS 230 CRORE AND BANK OF BARODA PAID RS 412 CRORE COMPARED TO RS 255 CRORE. PRIVATE SECTOR LENDER YES BANK PAID RS 58 CRORE AS AGAINST RS 33 CRORE IN THE CORRESPONDING PERIOD LAST YEAR. DURING THE SECOND QUARTER BPCL AND LUPIN PAID RS 312 CRORE AND RS 49.7 CRORE RESPECTIVELY AS AGAINST RS 40 CRORE, AND 11.4 CRORE IN THE SAME PERIOD A YEAR AGO.AMBUJA CEMENTS PAID AN ADVANCE TAX OF RS 150 CRORE FOR THE JULY-SEPTEMBER QUARTER VS RS 70 CRORE IN THE PREVIOUS QUARTER. ALSO BOOSTING THE SENTIMENT WAS A SURGE IN THE NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH (NCAER) BUSINESS CONFIDENCE INDEX TO 118.6 POINTS IN THE JUNE 2009 QUARTER, UP 37 POINTS FROM PREVIOUS QUARTER, WHEN IT WAS AT ITS THE LOWEST LEVEL SINCE FEBRUARY 1998. THE BUSINESS SENTIMENTS HAVE IMPROVED REFLECTING SIGNS OF ECONOMIC RECOVERY, NCAER SAID. THE THINK-TANK SAID ECONOMIC CONDITIONS ARE FURTHER EXPECTED TO IMPROVE IN THE COMING MONTHS AS THE IMPACT OF THE UNION BUDGET 2009-2010 (FY 2010) BEGINS TO BE REALISED. THE INCREASED GOVERNMENT SPENDING MAY PROVIDE SOME IMPETUS TO THE DOMESTIC INVESTMENT AND CONSUMPTION. THOUGH EVERY THING LOOKS ON THE POSITIVE FRONT ONE HAS TO BE VERY CAUTIOUS ON EACH AND EVERY UPMOVE THE INDICES ARE ALMOST IN THE OVER BOUGHT REGION ONE HAS TO STAY CAUTIOUS FROM HERE ON.

TODAY MARKET WOULD OPEN IN THE POSITIVE SIDE AND WOULD BE RANGE BOUND. MARKET MAY FACE RESISTANCE AROUND 4955 AND TRADING ABOVE THIS POINT WOULD LEAD NIFTY TO 5044 CLOSING ABOVE 4900 WILL MAKE NIFTY STRONGER. ON THE DOWNSIDE IF NIFTY TRADES BELOW 4876 THEN WOULD TAKE NIFTY TO 4845 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 4800 LEVELS TRADE WITH THE LEVELS INDICATED ABOVE AND BE VERY VERY CAUTIOUS AS MARKET WHILE GOING UP FROM HERE ON WOULD TAKE A SLOW MOVE BUT IF IT COMES DOWN WILL FALL VERY FAST SO BE VERY CAUTIOUS.
BUY SUZLON SL 95.4 TGT 102/103.5/105
BUY RELIANCE INFRA SL 1184 TGT 1220/1240
BUY STER SL 739 TGT 757/770
BUY DLF SL 409 TGT 417/420/424
BUY EDUCOMP SL 4190 TGT 4270/4300/4325

Tuesday, September 15, 2009

INTRADAY TIPS FOR 15 SEPTEMBER 2009

GOOD MORNING!!!
LAST TRADING DAY WAS VERY VOLATILE WITH NARROW RANGE BAND, WITH ONLY STOCK SPECIFIC MOVEMENTS. AUTO AND BANKING STOCKS WERE IN DEMAND. PSU OMCS ALSO EDGED HIGHER AS CRUDE OIL PRICES FELL. BUT REALTY STOCKS FELL. THE MARKET, INDICATING THE OVERALL HEALTH OF THE MARKET WAS POSITIVE. COMPANIES ADVANCE TAX NUMBERS AND THE SECOND QUARTER SEPTEMBER 2009 RESULTS NEXT MONTH WOULD BE KEY TRIGGERS FOR THE MARKET IN THE NEAR TERM. INDIAN FIRMS HAVE TO PAY 30% OF THE ESTIMATED TAX LIABILITY FOR THE YEAR BY THE SECOND INSTALLMENT OF ADVANCE TAX WHICH FALLS DUE ON 15 SEPTEMBER. HIGHER ADVANCE TAX PAYMENT WILL MEAN THEIR PROFITS MAY BE HIGHER IN Q2 SEPTEMBER 2009 OVER Q2 SEPTEMBER 2008 AND VICE VERSA.


TODAY MARKETS LOOK VOLATILE. LAST 4 TO 5 SESSIONS IN THE MARKET CLEARLY INDICATES CONSOLIDATION AND IS ABOUT TO BREAK OUT EITHER ON THE UPSIDE OR THE DOWNSIDE.ONE HAS TO WATCH OUT FOR THE CRUCIAL LEVELS INDICATED BELOW FOR DETERMINING THE TREND AND TRADING WITH THE TREND. ON THE POSITIVE SIDE NIFTY TRADES ABOVE 4840 THEN WE CAN SEE NIFTY TO GO TO 4876 LEVELS AND TRADE ABOVE THIS LEVEL WOULD TAKE NIFTY TO NEW HIGH S AND WE MAY SEE SOME RESISTANCE AROUND 4900 LEVELS CLOSE ANYTHING ABOVE 4876 WOULD TAKE MARKETS TO NEW HIGHS. ON TH E NEGATIVE SIDE OF THE MARKET IS NIFTY TRADES BELOW 4790 THEN ONE CAN SEE NIFTY TO COME DOWN TO 4740 LEVELS AND BREACH BELOW THIS LEVELS MAY WEAKEN THE MARKET SO STAY AWAY IF NIFTY CLOSES BELOW 4740 LEVELS, OTHERWISE MARKET STRUCTURALLY LOOKS STRONG AND ONE SHOULD GO WITH THE TREND.

BUY MLL SL 54.90 TGT 57/58.5
BUY IBREAL SL 261 TGT 270/275
DON’T MISS LAST DAYS POSITIONAL CALL AT ANY COST****

Monday, September 14, 2009

INTRADAY TOPS FOR 14 SEPTEMBER 2009

GOOD MORNING!!!
TODAY NIFTY LOOKS VERY RANGE BOUND AND WITH HIGHLY VOLATILE MOVES. IF NIFTY TRADES ABOVE 4855 THEN IS IT QUITE EVIDENT THAT NIFTY WOULD MOVE FURTHER UP AND HIT 4870 AND IF TRADED ABOVE THIS LEVEL ONE CAN SEE NEW HIGHS OF THE YEAR ONE SHOULD BE VERY CAUTIOUS AROUND 4876 LEVELS AS THIS BEING THE ONLY RESISTANCE POINT TILL 5000 MARK SO TRADE CAUTIOUSLY AT THIS LEVEL. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4840 THEN IT WILL TOUCH 4801 AND BREAK AND TRADING BELOW 4800 THEN WOULD COME DOWN TO 4776 AND THE NEXT LEVEL ON THE DOWN SIDE WOULD BE 4747 STAY CAUTIOUS BELOW 4740 LEVELS BREAK BELOW 4740 WOULD BE CONSIDERED WEAK ON THE INDEX, THIS IS THE CRUCIAL LEVEL TO WATCH.

BUY HPCL AROU ND 385 SL 379 TGT 394/405/410

BUY SYNDICATE BANK AROUND 83.5 SL 81.65 TGT 85/88

BUY TATA STEEL AROUND 465 SL 459 TGT 475/482

SELL DLF SL 404 TGT 390/385

BUY AGEE GOLD (SHRIPUR GOLD REFINERIES)**** JUST HOLD THEM

Friday, September 11, 2009

INTRADAY TIPS FOR 11 SEPTEMBER 2009

GOOD MORNING!!!
INDICES OPENED IN HIGHS THE MARKET SURGED IN EARLY TRADE ON HIGHER ASIAN STOCKS. INTRADAY VOLATILITY WAS HIGH. . IT SURGED TO A FRESH INTRADAY HIGH IN MORNING TRADE BEFORE PARING GAINS. A BRIEF RECOVERY FROM LOWER LEVEL WAS WITNESSED IN EARLY AFTERNOON TRADE. AFTER HITTING AN INTRADAY LOW,THE MARKET REGAINED STRENGTH LATER. REALTY AND AUTO STOCKS DECLINED WHILE BANKING AND METALS ROSE UP HIGHER.
TODAY MARKET WOULD OPEN POSITIVE AND WOULD BE RANGE BOUND SO TRADE CAUTIOUSLY WITH LEVELS INDICATED. TODAY IF NIFTY TRADES ABOVE 4811 THEN IT WILL HIT 4842 AND TRADING ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4862 AND BREACH ABOVE 4876 WOULD TAKE NIFTY TO NEW HIGHS AND CLOSE OF NIFTY ABOVE 4876 WOULD TAKE NIFTY TO NEW HIGH I.E., 5000 LEVELS. AND ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4800 THEN WILL LEAD THE MARKET TO 4759 LEVELS.

SELL HDIL BELOW 305 SL 315 TGT 301/295
SELL TATASTEEL BELOW 468 SL 475 TGT 465/461

BUY INFOSYS SL 2214 TGT 2280/2300/2320
BUY STER SL 759 TGT 780/789

Thursday, September 10, 2009

INTRADAY TIPS FOR 10 SEPTEMBER 2009

GOOD MORNING!!!
INDICES ADVANCED TO DAY'S HIGH IN MID-AFTERNOON TRADE LED BY AN OVER 3.5% RALLY IN INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL), HOLDING A 13.18% WEIGHTAGE, THE HIGHEST OF THE INDICES. THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, REMAINED STRONG. THE MARKET WAS VOLATILE. AFTER AN INITIAL SLIDE, THE MARKET BOUNCED BACK SHORTLY. HOWEVER, THE MARKET FAILED TO SUSTAIN HIGHER LEVEL AND MOVED BETWEEN POSITIVE AND NEGATIVE ZONE LATER. A RALLY IN INDEX HEAVYWEIGHT RELIANCE INDUSTRIES PUSHED THE KEY INDICES TO DAY'S HIGH IN MID-MORNING TRADE. THE MARKET PARED GAINS IN EARLY AFTERNOON TRADE ON PROFIT BOOKING. THE MARKET ONCE AGAIN SLIPPED INTO THE RED IN AFTERNOON TRADE AS EUROPEAN MARKETS OPENED LOWER. AN OVER 3.5% RALLY IN INDEX HEAVYWEIGHT PUSHED KEY INDICES TO DAY'S HIGH IN MID-AFTERNOON TRADE

TODAY MARKET WOULD OPEN IN A POSITIVE NOTE. IF NIFTY TRADES ABOVE 4836 IT WOULD TOUCH IMMEDIATELY 4870 AND IF NIFTY CROSSES 4876 WE CAN SEE NIFTY TO MOVE FURTHER UP AND ANY CLOSE ABOVE 4876 IS CONSIDERED TO BE A VERY POSITIVE CLOSE AND NIFTY WOULD GO UP AND HEAD TOWARDS 5000 LEVELS. ON NEGATIVE FRONT IF NIFTY TRADES BELOW 4811 THEN CAN SLIDE TO 4777 AND IF NIFTY TRADES BELOW 4777 THEN WE CAN SEE NEXT SUPPORT FOR NIFTY AT 4750 AND ANY CLOSE BETWEEN 4777 AND 4750 ONE IS ADVISED TO EXIT MAXIMUM POSITION AND HOLD ONLY FEW LONG POSITIONS.
SELL AXIS SL 917 TGT 895
SELL SIEMENS BELOW 506 SL 510 TGT 498/495
BUY STER SL 739 TGT 761/789
BUY HCC SL 108 TGT 115/117/119*
BUY IFCI SL 57 TGT 61.5/63.5/65
BUY RELCAP SL 909 TGT 931/950
BUY ASSAM COMPANY*** AND FORGET TO MAKE YOUR MONEY ATLEAST 4 TO 5 TIMES

Wednesday, September 9, 2009

INTRADAY TIPS FOR 09 SEPTEMBER 2009

GOOD MORNING!!!

LAST DAY INDICES HAVE OPENED FIRM WITH ALL THE GLOBAL MARKETS, HOWEVER MARKET DID NOT SUSTAIN IN THE LAST HOUR OF PROFIT BOOKING. OVERALL HEALTH AND STRUCTURE OF THE MARKET REMAINED POSITIVE. ONE CAN EYE ON EDUCATION STOCKS WHICH MAY SPURT FROM HERE ON. RELIANCE HELD THE MARKET AND LOOKED VERY POSITIVE ABOVE 2080 YOU CAN SEE RELIANCE TO GO UP FURTHER, THIS CLEARLY INDICATES A FRESH UP MOVE CAN BE EXPECTED IN MARKETS. RIIL ALSO LOOKS POSITIVE.

TODAY NIFTY WOULD BE RANGE BOUND SO TRADERS ARE ADVISED TO BOOK PROFITS AT REGULAR INTERVALS. IF NIFTY TRADES ABOVE 4820 ONE CAN INITIATE LONGS WITH A STOPLOSS OF 4767 FOR A TARGET OF 4842 AND THEN 4878 IF NIFTY SUSTAINS ABOVE 4878 THEN ONE CAN BLINDLY CARRY LONGS FOR A TARGET OF 5000 AND ON THE DOWNSIDE IF NIFTY BREAKS BELOW 4780 THEN ONE CAN EXPECT NIFTY TO TAKE SUPPORT AROUND 4767 BREAK BELOW THIS LEVEL WE CAN SEE NIFTY TO COME DOWN TO 4730 AND CLOSE BELOW 4730 IS EXPECTED TO COME DOWN 4656 SO ONE IS ADVISED TO SEE THESE LEVELS AS VERY CRUCIAL.


BUY EXCEL CORP SL 130 TGT 139/144**ONE CAN HOLD FOR TARGET OF 170

BUY TITAN SL 1263 TGT 1320/1340** ONE CAN HOLD POSITIONALLY FOR A TARGET OF 1500

BUY EVERONN SL 407 TGT 420/425** ONE CAN HOLD POSITIONALLY FOR A TARGET OF 500

BUY IDFC SL 142.90 TGT 149/152/155

POSITIONAL TRADES
BUY KSK ENERGY SL 170 TGT 200/250/300**
DONT MISS STOCKS RATED ** ADVISED INVESTORS AND TRADERS TO GIVE PREFERENCE TO THEM

Tuesday, September 8, 2009

INTRADAY TIPS FOR 08 SEPTEMBER 2009

GOOD MORNING!!!
IN THE LAST TRADING DAY S&P CNX NIFTY SETTLED AT THEIR HIGHEST LEVEL IN MORE THAN 15 MONTHS. GLOBAL STOCKS SURGED AFTER THE G20 LEADERS PLEDGED TO MAINTAIN STIMULUS MEASURES. RALLY CAME ON THE BACK OF HIGHER TURNOVER. THE MARKET BREADTH INDICATING THE OVERALL HEALTH OF THE MARKET WAS STRONG. REALTY, BANKING AND METAL STOCKS WERE AT THE FOREFRONT IN THE RALLY. IN STOCK-SPECIFIC ACTIVITY TATA MOTORS SURGED ALMOST 13%. ICICI BANK JUMPED AROUND 7% AND STERLITE INDUSTRIES GAINED AROUND 6.5%. MEANWHILE, A SURVEY TO GAUGE BUSINESS CONFIDENCE SENTIMENT, CARRIED OUT BY FEDERATION OF INDIAN CHAMBERS OF COMMERCE AND INDUSTRY (FICCI), FOR THE MONTH OF SEPTEMBER 2009, SUGGESTED THAT THE CONFIDENCE LEVEL OF INDIA INC IS ON THE RISE THANKS TO GOVERNMENT'S FISCAL STIMULUS MEASURES. EIGHTY PER CENT OF THE COMPANIES BELIEVE THAT THE INDIAN ECONOMY IS ON THE ROAD TO RECOVERY AND EXPECT IMPROVEMENT IN CORPORATE PERFORMANCE IN THE MONTHS TO COME.
TODAY NIFTY MAY OPEN ON THE POSITIVE NOTE BUT BE CAREFUL IN THE MIDTRADE AS THERE MAY BE SOME PROFIT BOOKING IF NIFTY CLOSES ON THE POSITIVE FRONT TODAY IT MIGHT TAKE TO THE NEW HIGHS SO STAY INVESTED BUT KEEP A CLOSE WATCH IN THE MID TRADE. FOR NIFTY IF IT SUSTAINS ABOVE 4800 THAT IS GOOD FOR NIFTY AND IF NIFTY BREAKS 4819 AND TRADES THEN IT HAS STRONG RESISTANCE AT 4876 AND IF NIFTY CLOSES ON THE POSITIVE NOTE THEN IT IS GOOD FOR THE MARKET ON THE POSITIVE FRONT AND ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4783 THEN IT HAS SUPPORT ONLY AT 4741 AND BREAK BELOW THIS WILL LEAD NIFTY TO 4705 AND IF IT CLOSES BELOW 4705 THEN YOU CAN SEE 4662. KEEP A WATCH ON EDUCATION STOCKS AND FINANCIAL STOCKS.
BUY ICICI BANK SL 774 TGT 799
BUY STER SL 704 TGT 715
BUY TATAMOTORS SL 564 TGT 574
BUY NAGARJUNA CONST SL 138 TGT 145/148
BUY MOTILAL OSWASL SL 162 TGT 172/175
BUY EVERONN SL 385 TGT 400/405

Monday, September 7, 2009

INTRADAY TIPS FOR 07 SEPTEMBER 2009

GOOD MORNING!!!
STRONG GLOBAL CUES WITH POSITIVE EUROPEAN MARKETS AND ASIAN MARKETS EXTENDING GAINS IN LATE TRADE TRIGGERED A SOLID RALLY ON THE LOCAL BOURSES, HELPING THEM BREAK THEIR FOUR-DAY DECLINING TREND. KEY BENCHMARK INDICES RALLIED IN LATE TRADE ON BUYING DEMAND FOR AUTO, METAL AND CAPITAL GOODS AFTER STARTING THE DAY ON A SOFT NOTE.. THE MARKET BREADTH WAS STRONG WITH SMALL AND MID-CAP SHARES ALSO PARTICIPATING IN THE RALLY. ALL THE SECTORAL INDICES EDGED HIGHER. THE EMPLOYEES' PROVIDENT FUND ORGANISATION (EPFO) IS LOOKING FOR OPTIONS TO PARK 3-5% OF ITS CORPUS OF RS 2.57 LAKH CRORE OF RETIREMENT FUND IN STOCK MARKETS TO EARN BETTER RETURNS. DIRECT TAX COLLECTIONS BY THE GOVERNMENT GREW TO RS 87,888 CRORE FOR THE FIRST FIVE MONTHS OF THE CURRENT FISCAL, A 4.12% GROWTH WHICH IS ATTRIBUTED TO TAX REFUNDS PAID DURING THE PERIOD. THE DIRECT TAX MOP-UP IN AUGUST 2009 WAS RS 13,898 CRORE AGAINST RS 12,761 CRORE IN THE YEAR-AGO PERIOD. FRIDAY’S GAINS WERE ALSO BOOSTED BY A RESEARCH REPORT FROM A FOREIGN BROKERAGE HOUSE WHICH INDICATED THAT THE BENCHMARK INDICES BSE SENSEX COULD HIT THE 50,000 MARK IN NINE YEARS ON MORE GROWTH IN FISCAL YEAR 2011. THE PACE FOR THE GAIN WILL DEPEND ON ECONOMIC GROWTH, INTEREST RATES, INFLATION AND THE SUCCESS OF THE NATION'S INFRASTRUCTURE AND FISCAL CONSOLIDATION EFFORTS, THE RESEARCH REPORT SAID.
TODAY MARKET WOULD OPEN ON THE POSITIVE FRONT AND MAY TRY TO BREAK THE CRUCIAL RESISTANCE BARRIERS OF LAST FEW MONTHS PEAK I.E., 4750. IF THIS LEVEL IS BROKEN AND ANY CLOSE ABOVE THIS POINT WOULD TAKE NIFTY TO NEW HIGHS BUT ONE SHOULD HAVE A CLOSE VIGIL ON THE UPSIDE. IF NIFTY TRADES ABOVE 4713 YOU CAN SEE NIFTY TO FACE RESISTANCE AROUND 4750 AND IF THIS LEVEL IS BROKEN WITH GOOD VOLUMES THEN YOU CAN SEE IT TO NEW HIGHS AND ANY CLOSE ABOVE THIS POINT IS ADVISED TO STAY ON THE LONG SIDE. ON THE NEGATIVE SIDE OF THE NIFTY IF IT TRADES BELOW 4690 THEN WE CAN SEE NIFTY TO FACE SUPPORT AT 4652 LEVELS, BREAK BELOW THIS LEVEL WOULD LEAD NIFTY 4612. IF NIFTY CLOSES BELOW 4581 STAY AWAY FROM LONGS. OVERALL HEALTH OF THE MARKET TURNED POSITIVE SO ADVISED TO ACT SMARTLY ON THE SHORT SIDE.

BUY HEROHONDA SL 1596 TGT 1650/1684
BUY JSWSTEEL ABOVE 695 SL 689 TGT 704/709/718
BUY VOLTAS SL 150.85 TGT 157/160
BUY IDBI SL 104.90 TGT 107/109/112
BUY UNITECH SL 105.90 TGT 109/112

SELL M&M AT 876 SL 881 TGT 856/846/836
SELL PANTALOON SL 318.6 TGT 311/307

Friday, September 4, 2009

INTRADAY TIPS FOR 04 SEPTEMBER 2009

GOOD MORNING!!!
INDICES EXTENDED LOSSES FOR FOURTH STRAIGHT TRADING SESSIONS BUCKING FIRM GLOBAL STOCKS ON WORRIES A SURGE IN FOOD PRICES MAY STOKE INFLATIONARY PRESSURES IN THE ECONOMY. INDEX HEAVYWEIGHTS RELIANCE INDUSTRIES AND L&T LOST GROUND. ANOTHER HEAVYWEIGHT ICICI BANK REVERSED INTRADAY GAINS IN CHOPPY TRADE. CAPITAL GOODS, AUTO, OIL AND GAS AND FMCG STOCKS FELL. THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, WAS SLIGHTLY POSITIVE, WEAKENING FROM EARLIER STRONG BREADTH. A BOUT OF VOLATILITY WAS WITNESSED EARLIER IN THE DAY AS THE MARKET RECOVERED AFTER FALLING INTO THE RED FOR A BRIEF PERIOD FOLLOWING AN INITIAL SURGE TRIGGERED BY FIRM ASIAN STOCKS. THE MARKET HELD POSITIVE ZONE AMID RANGE BOUND TRADE LATER. ANALYSTS ARE CONCERNED THAT A SHARP SURGE IN FOOD PRICES IN THE PAST FEW DAYS DUE TO SCANTY RAINS MAY STOKE INFLATIONARY PRESSURES IN THE ECONOMY. INTEREST RATES COULD RISE ON HIGHER INFLATION WHICH IN TURN MAY IMPACT A NASCENT ECONOMIC RECOVERY AND CORPORATE PROFITS.

TODAY MARKETS MAY BE RANGE BOUND IF NIFTY TRADES BELOW 4572 THEN IT IS LIKELY TO GO TO 4527 AND THEN TO 4500 MARKETS WOULD BOUNCE FROM THE THESE LEVELS BUT IF THEY DON’T THEN WE CAN SEE NIFTY TO MOVE UP IF 4527 AND 4500 LEVELS ARE NOT BREACHED SO ONE CAN TAKE LONGS KEEPING THIS AS STOPLOSS AND ON THE UPFRONT IF NIFTY TRADES ABOVE 4616 THEN WE CAN SEE NIFTY TO FACE RESISTANCE AT 4650 AND IF NIFTY CROSSES 4660 THEN WE CAN SEE NIFTY TO MOVE FURTHER HIGHS AND ONE CAN RETAIN LONGS AND INITIATE FRESH LONGS ABOVE 4660.


BUY ADLABS SL 334 TGT 348/355
BUY ALOK INDS SL 21.9 TGT 24.5/26
BUY EDUCOMP SL 4200 TGT 4307/4454
POSITIONAL TRADES
BUY RPOWER SL 135 TGT 245
BUY PTC SL 79 TGT 112
BUY PRISM CEMENTS SL 49 TGT 70
BUY PETRONET LNG SL 66 TGT 93
BUY HANUNG TOYS SL 68 TGT 96
BUY TV TODAY NETWORK SL 81 TGT 116

Thursday, September 3, 2009

INTRADAY TIPS FOR 03 SEPTEMBER 2009

GOOD MORNING!!!
TODAY IF NIFTY TRADES ABOVE 4652 THEN WE CAN SEE NIFTY TO MOVE UP TO 4710 AND TRADE ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4803 AND ANY CLOSE ABOVE 4710 WOULD TAKE MARKETS TO NEW HIGHS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4558 THEN IT WOULD COME DOWN TO 4501 AND IF NIFTY CLOSES BELOW 4550 THEN ONE CAN STAY AWAY FROM LONGS AND IF NIFTY CLOSE BELOW 4500 THEN ONE CAN EXIT LONGS AND GO SHORT. TODAY MARKET WOULD NOT HAVE GOOD VOLUMES AND MAY BE VOLATILE BUT TAKE CARE OF THE LEVELS MENTIONED ABOVE
BUY RCOM SL 274 TGT 285/293
BUY ESSAROIL SL 153 TGT 158/162
BUY RELCAP SL 886 TGT 921/930
SELL NATIONAL ALUMINIUM SL
SELL STERLITE SL 643 TGT 625/618
BUY MUNJAL SHOWA AT 57 TGT 65/70/75 (VERY SHORT TERM)
BUY SOM DISTILLERIES AT 28 TGT 32/37/42 (VERY SHORT TERM)

Wednesday, September 2, 2009

INTRADAY TIPS FOR 02 SEPTEMBER 2009

BUY IDBI AT 99 SL 85 TGT 120/135/150 ** (MUST BUY AT LOWER LEVELS)

INTRADAY TIPS FOR 02 SEPTEMBER 2009

GOOD MORNING!!!
THE KEY BENCHMARK INDICES STRENGTHENED TO HIT FRESH DAY'S HIGH IN AFTERNOON TRADE AS EUROPEAN MARKET OPENED HIGHER TRACKING FIRM ASIAN STOCKS. THE BSE 30-SHARE SENSEX WAS UP 232.61 POINTS OR 1.48%, OFF CLOSE TO 20 POINTS FROM THE DAY'S HIGH AND UP CLOSE TO 210 POINTS FROM THE DAY'S LOW. AUTO, REALTY, POWER, FERTILIZER, TEA, SUGAR STOCKS ROSE. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES GAINED. THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, WAS STRONG. SHARES OF STATE-RUN HYDROPOWER GENERATOR NHPC WERE TRADING AT RS 37.40, A PREMIUM OF 3.89% OVER THE INITIAL PUBLIC OFFER PRICE OF RS 36. THE MARKET SURGED IN EARLY TRADE TRACKING GAINS IN ASIAN STOCKS TRIGGERED BY STRONG CHINESE MANUFACTURING SECTOR DATA. THE MARKET EXTENDED GAINS IN MID-MORNING TRADE. THE MARKET PARED GAINS IN EARLY AFTERNOON TRADE AS CHINESE STOCKS CAME OFF THE DAY'S HIGH. MARKET STRENGTHENED TO HIT FRESH DAY'S HIGH IN AFTERNOON TRADE. INDIA'S EXPORTS FELL AN ANNUAL 28.4% IN JULY 2009 OVER JULY 2008 AND IMPORTS FELL 37.1%, DATE RELEASED BY THE GOVERNMENT DURING TRADING HOURS TODAY, 1 SEPTEMBER 2009, SHOWED TODAY. PRIME MINISTER MANMOHAN SINGH SAID THAT COUNTRY HAS BEEN THROUGH A DIFFICULT YEAR DUE TO GLOBAL DOWNTURN AND POOR MONSOON. HE FURTHER ADDED THAT COUNTRY IS IN A STRONG POSITION TO MANAGE CONSEQUENCES OF DROUGHT AND THAT FOOD STOCKS ARE VERY HIGH. HE FURTHER ADDED THAT RURAL JOBS SCHEME OTHER SCHEMES TO MINIMIZE DRAUGHT IMPACT. HE SAID GOVERNMENT IS TAKING EFFORTS TO ENSURE NORMAL WINTER CROP. A LATEST SURVEY SHOWED INDIA'S MANUFACTURING ACTIVITY EXPANDED AT ITS SLOWEST PACE IN FIVE MONTHS IN AUGUST 2009. THE HSBC MARKIT PURCHASING MANAGERS' INDEX (PMI), BASED ON A SURVEY OF 500 COMPANIES, FELL TO A FIVE-MONTH LOW OF 53.2 IN AUGUST 2009 FROM A REVISED READING OF 55.4 IN JULY 2009. THE NEW ORDERS INDEX FELL TO 56.2 IN AUGUST 2009, ALSO ITS LOWEST IN FOUR MONTHS, FROM 60 IN JULY 2009.

TODAY MARKETS ARE GOING TO OPEN NEGATIVE AND THE BREADTH OF THE MARKET HAS TURNED NEGATIVE WHEN NIFTY HAS BREACHED 4640 NOW IF NIFTY TRADES BELOW 4600 THEN IT WILL TAKE A SUPPORT AT 4585 AND BREAK BELOW THIS LEVEL NIFTY CAN TAKE SUPPORT AROUND 4546 AND BREAK BELOW THIS LEVEL WOULD BE 4500 SO ONE CAN TAKE A BUY CALL WHEN NIFTY COMES AROUND 4520 LEVELS WITH A STOPLOSS OF 4500 AS THIS BEING A VERY VERY STRONG SUPPORT IN NIFTY BREAK AND CLOSE BELOW THIS WOULD TAKE NIFTY TO 4350 SO ONE CAN STAY SHORT IF IT CLOSES BELOW 4500. NIFTY ON THE UPSIDE MAY GO UP ONLY IF IT CROSSES 4630 LEVELS ONE CAN SEE NIFTY TO MOVE UP TO 4670. AND ONE IS ADVISED TO STAY CAUTIOUS AT LOWER LEVELS THERE MAY BE SOME BUYING EXPECTED AT LOWER LEVELS.

BUY TANLA SL 57 TGT 64
BUY HPCL SL 354 TGT 368/374
SELL STERLITE SL 665 TGT 642/632
SELL IFCI SL 53 TGT 52/51
SELL ICICI BANK SL 749 TGT 732/727
SELL AUSTRAL COKE WHERE EVER YOU CAN
POSITIONAL TRADES
BUY SALZER ELECTRONICS AROUND 93 LEVELS POSITIONALLY TGT 200/300 BUY BUYCLUTCH AUTO AROUND 32 TGT 40/52 SHORT TERM

Tuesday, September 1, 2009

INTRADAY TIPS FOR 01 SEPTEMBER 2009

GOOD MORNING!!!
TODAY MARKETS WOULD BE POSITVELY BIASED IF NIFTY TRADES ABOVE 4681 THEN WILL LEAD TO 4709 AND TRADE ABOVE THIS POINT NIFTY WILL GO TO 4774 IN INTRADAY. CLOSING ABOVE 4760 IS CONSIDERED TO BE A VERY BULLISH SIGN AND WOULD LEAD NIFTY TO 4820 IN NEXT TRADING SESSION. ON THE NEGATIVE FRONT BREAK BELOW 4665 NIFTY CAN SLIDE TO 4600 AND BREAK BELOW THIS LEVEL IT CAN GO TO 4550 AND ANY CLOSE BELOW 4550 IS CONSIDERED TO BE WEAK SO IT IS AVICEABLE TO EXIT ALL YOUR LONGS AT THIS STAGE.
BUY IFCI SL 55.20 TGT 57/59
BUY VIDEOCON SL 242 TGT 253/257
BUY IBREAL SL 269 TGT 279/283
BUY GMR INFRA SL 140.90 TGT 144.5/146.5/148.9