INTRADAY TIPS FOR 30 SEPTEMBER 2010

GOOD MORNING!!!

INDICES PARED GAINS, SOON AFTER AN INITIAL SURGE TRIGGERED BY FIRM ASIAN STOCKS. THE MARKET SLIPPED INTO THE RED LATER. THE MARKET HIT A FRESH INTRADAY LOW IN MID-MORNING TRADE. AND SELL OFF CONTINUED IN THE AFTERNOON TRADE ON TRACKING REVERSAL OF EARLY GAINS EUROPEAN STOCKS AND TRADERS ROLLED OVER THEIR POSITIONS FROM THE CURRENT MONTH TO THE NEXT MONTH AHEAD OF EXPIRY. THE MARKET HIT A FRESH INTRADAY LOW IN THE LATE TRADE. THE BREADTH OF THE MARKETS WAS WEAK IN THE CONTRAST TO THE STRONG BREADTH EARLIER IN THE DAY. TATA MOTORS, INFOSYS HIT RECORD HIGHS IN THE TRADE. PROFIT TAKING WAS SEEN IN COUNTERS LIKE METALS, REALITY, CONSUMER DURABLES AND FMCG STOCKS WE HAVE SEEN ALL THE SECTORAL INDICES IN RED EXPECT FOR THE IT INDUSTRY. STERLITE INDUSTRIES TUMBLED AFTER THE MADRAS HIGH COURT ORDERED CLOSURE OF STERLITE INDUSTRIES COPPER SMELTING PLANT AT TUTICORIN AS THE COMPANY HAS FAILED TO COMPLY WITH ENVIRONMENTAL NORMS. MARKET ENTERED INTO NEGATIVE ZONE AND CLOSED AT LOWER LOWS WHICH INDICATED NEGATIVE CLOSING.

TODAY MARKET WOULD BE HIGHLY VOLATILE AND RANGE BOUND, WE MAY WITNESS A BOUT OF VOLATILITY IN THE TRADE AS TODAY BEING THE EXPIRY OF THE CURRENT MONTH CONTRACT. WE MAY SEE NIFTY TO OPEN NEGATIVE AS NIFTY HAS CLOSED AT LOWER LOWS WHICH INDICATES WEAKNESS ON TECHNICAL PARAMETERS. WE MAY TECHNICALLY FORESEE NIFTY TO COME DOWN FURTHER. IF NIFTY TRADES BELOW 5990 THEN LIKELY TO COME DOWN TO 5954 AND BREAK BELOW THIS LEVEL 5921 LEVELS. ON THE POSITIVE SIDE WE MAY SEE UPMOVE ONLY IF NIFTY TRADE ABOVE 6011, ON CROSSING THIS LEVEL WE MAY SEE NIFTY TO MOVE UP TO 6037 LEVELS AND BREAK ABOVE THIS WOULD TAKE TO 6054 AND ANY CLOSE ABOVE THIS WE WOULD HEAD UP TO 6150 LEVELS. WE MAY SEE SOME STOCK SPECIFIC ACTIVITY TO HOG THE LIMELIGHT OF THE TRADERS ON THE LAST DAY OF EXPIRY.

BUY AQUA LOGISTICS ABOVE 660 SL 654 TGT 669/677/690
BUY ALSTOM PROJECTS SL 808 TGT 820/828/833
BUY LITL SL 71.4 TGT 72.7/73.3/74
BUY TINPLATE SL 85 TGT 87.3/88.5/89.25
BUY NELCAST SL 95 TGT 100/104/106.7

INTRADAY TIPS FOR 29 SEPTEMBER 2010

GOOD MORNING!!!

MARKET WAS FIRM IN THE MORNING TRADE LED BY GAINS IN SHARES OF STATE-RUN BANKS AND MOVED BETWEEN POSITIVE AND NEGATIVE TERRAIN NEAR TO THE FLAT LINE IN EARLY TRADE. INDICES REVERSED ITS DIRECTION, SOON AFTER HITTING FRESH INTRADAY HIGHS IN MID-MORNING TRADE AS WEAK ASIAN STOCKS WEIGHED ON INVESTOR SENTIMENTS AND HIT INTRADAY LOWS, SELLING INTENSIFIED IN AFTERNOON TRADE AFTER EUROPEAN MARKET OPENED LOWER. THE MARKET CAME OFF THE LOWER LEVEL IN MID-AFTERNOON TRADE, SOON AFTER HITTING A FRESH INTRADAY LOW. THE INTRADAY RECOVERED GATHERED STEAM IN LATE TRADE. INDICES STAGED A STRONG INTRADAY REBOUND IN LATE TRADE TAKING CUE RECOVERY IN EUROPEAN STOCKS AND US INDEX FUTURES. IT AND METAL SOCKS FELL. BUT, CAPITAL GOODS STOCKS ROSE. THE MARKET BREADTH WAS NEGATIVE IN CONTRAST TO THE POSITIVE BREADTH EARLIER. VOLATALITY WAS THE KEY IN THE MARKETS AS TRADERS ROLLED OVER THEIR POSITIONS FROM THIS MONTH TO THE NEXT MONTH

TODAY MARKETS WOULD BE RANGE BOUND AHEAD OF EXPIRY OF NEAR MONTH CONTRACT TOMORROW. IF NIFTY TRADES 6034 THEN LIKELY TO COME DOWN TO 6009 LEVELS AND BREAK BELOW THIS LEVEL WOULD TAKE IT DOWN TO 5973 AND BELOW THAT 5942 IS THE SUPPORT WHICH NIFTY WOULD LIKE TO HALT AT AND ANY CLOSE BELOW 6000 IS AN INDICATION THAT WE CAN SEE SOME KIND OF NEGATIVE VOLATILITY UNTIL THE CLOSE OF THE EXPIRY OF SEPTEMBER CONTRACT. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 6075 THEN LIKELY TO MOVE UP TO 6093 AND ANY BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO NEW HIGHS OF 32 MONTHS TO 6107 AND ANY CLOSE ABOVE 6100 WOULD TAKE IT TO 6156 LEVELS. ONE IS ADVISED TO STAY IN STOCK SPECIFIC COUNTERS AND ONE SHOULD ALSO REMEMBER THAT DO NOT SHORT IN HUGE QUANTITIES AS THERE IS STILL NO NEGATIVE SIGNS IN THE MARKETS THOUGH TECHNICALLY IT IS OVER RUN AND ALMOST ALL THE OSCILLATORS HAVE BEEN TIRED AND EXHAUSTED FOR NOW BUT STILL MANAGE TO HOLD AT THEIR PEAKS SO WHEN NEGATIVE TREND PREVAILS ONLY THEN ONE CAN TAKE SHORT POSITIONS AND DO NOT ANTICIPATE NEGATIVE TREND AND SHORT ANYTHING.

BUY MLL SL 57.4 TGT 58.60/59.2/60.20
BUY FEDERAL BANK SL 403.70 TGT 411.50/416.7/424.50
BUY SIEMENS SL 817 TGT 834/844/850
BUY ABB ABOVE 950 SL 944 TGT 968/987/996
BUY VOLTAS SL 245 TGT 249/253/256
BUY LIC HSG SL 1439 TGT 1465/1484/1509
BUY RELIANCE INFRA SL 1105 TGT 1119/1128/1140 (SHORT TERM 1186)*
POSITIONAL TRADES
BUY BF UTILITIES TGT 1240/1400
*ACCUMULATE EDSERV WITH SL OF 228 AT EVERY DIP

INTRADAY TIS FOR 28 SEPTEMBER 2010

GOOD MORNING!!!

INDICES PARED GAINS IN LATE TRADE AS PROFIT BOOKING EMERGED AT HIGHER LEVEL AFTER RECENT STRONG GAINS. THE MARKET GAINED FOR THE SECOND STRAIGHT TRADING SESSION REALTY, CAPITAL GOODS, METAL AND CONSUMER DURABLES STOCKS ROSE WHILE FMCG FELL AND. IT STOCKS TOO FELL ON A FIRM RUPEE. THE MARKET PARED GAINS AFTER HITTING A 32-MONTH HIGH AT THE ONSET OF THE TRADING SESSION. THE MARKET REGAINED STRENGTH IN MORNING TRADE. THE MARKET MOVED IN A NARROW RANGE IN MID-MORNING TRADE. THE MARKET HELD FIRM IN EARLY AFTERNOON TRADE. THE MARKET CAME OFF HIGHS IN AFTERNOON TRADE. FOREIGN FUNDS HAVE MADE HEAVY PURCHASES OF INDIAN STOCKS THIS MONTH. FII INFLOW IN SEPTEMBER 2010 TOTALED RS 18,649.23 CRORE, AS PER DATA FROM THE STOCK EXCHANGES. FII INFLOW IN CALENDAR YEAR 2010 TOTALED RS 38144.33 CRORE (TILL 24 SEPTEMBER 2010). STOCKS MAY REMAIN VOLATILE THIS WEEK AS TRADERS ROLL OVER POSITIONS FROM THE NEAR-MONTH SEPTEMBER 2010 SERIES TO OCTOBER 2010 SERIES AHEAD OF THE EXPIRY OF CONTRACTS ON THURSDAY, 30 SEPTEMBER 2010. THE LARGE INITIAL PUBLIC OFFER (IPO) OF STATE-RUN COAL INDIA IN MID-OCTOBER 2010 WOULD SOAK LIQUIDITY FROM THE SECONDARY EQUITY MARKETS. THE GOVERNMENT PLANS TO RAISE ABOUT RS 15000 CRORE FROM DIVESTMENT OF 10% STAKE IN COAL INDIA. THE IPO IS BILLED AS THE COUNTRY'S LARGEST ISSUE EVER.

TODAY WE MAY SEE MARKETS TO TRADE VOLATILE AND RANGE BOUND UNLESS AND BE VERY STOCK SPECIFIC. TODAY IF NIFTY TRADES ABOVE 6050 THEN WE CAN SEE NIFTY TO MOVE UP TO 6080 AND ANY BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO NEW HIGHS THOUGH 6100 WOULD ACT AS A GREAT RESISTANCE. ON THE NEGATIVE SIDE IF NIFTY TRADE BELOW 6009 THEN WOULD TAKE NIFTY TO 5987 AND THEN TO 5960 LEVELS AND ANY BREAK BELOW THIS POINT WOULD BE NEGATIVE FOR MARKETS IN THE NEAR TERM. AVOID HUGE BUYING AS WE ARE HEADING TOWARDS THE EXPIRY.

POSITIONAL TRADES
BUY EDSERV TGT 350/500

INTRADAY TIPS FOR 27 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS STARTED ITS DAY ON A POSITIVE NOTE AND WAS VOLATILE INITIALLY DURING THE START OF THE DAY AND SCALED HIGHER AS THE DAY PASSED BY THOUGH THERE WAS GOOD MOVEMENT ON THE UPSIDE SEEN IT WAS NOT HIGH VOLUME BASED BUYING. DLF WAS THE STAR PERFORMER IN THE NIFTY CATEGORY, ALONG WITH DLLF THERE WERE STOCKS LIKE IDFC, HINDUSTAN UNILEVER, BHARTI AND HEROHONDA HAVE OUTPERFORMED THE NIFTY THOUGH THERE WERE NOT MANY OUT PERFORMERS ON THE NIFTY IDEALLY THERE WERE NO LAGGARDS SO MARKETS MOVED UPSIDE ON ONLY FEW SCRIPS WHICH PERFORMED. INFRA AND REALITY WERE THE TOP PERFORMERS IN THE TRADE. ALL THE SECTORAL INDICES WERE IN GREEN. BREADTH OF THE MARKET REMAINED STRONG IN THE ENTIRE TRADING SESSION.

TODAY MARKETS LOOKS POSITIVE TRACKING A VERY POSITIVE CLOSING OF AMERICAN MARKETS AND STRONG OPENING OF ASIAN MARKETS. TODAY IF NIFTY TRADES ABOVE 6050 THEN LIKELY TO MAKE ITS MOVE UP AND RESIST AT 6080 LEVELS AND ANY BREAK ABOVE THIS POINT WOULD TAKE IT FURTHER UPSIDE TO A PSYCHOLOGICAL FIGURE OF 6100 LEVELS AND FACE SOME TOUGH RESISTANCE TO SURPASS THIS LEVEL AND ANY CLOSE ABOVE 6062 IS CONSIDERED TO BE A POSITIVE CLOSING AND ONE CAN INITIATE STOCK SPECIFIC LONGS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 6009 THEN WE CAN SEE A DIP TO 5987 LEVELS AND ANY BREAK BELOW THIS POINT WOULD TAKE NIFTY TO 5960 LEVELS AND ANY CLOSING BELOW 5960 WE CAN INITIATE SHORTS UNTIL THEN ONE IS ADVISED TO STAY AWAY FROM SHORTS.

BUY IDBI BANK SL 152 TGT 155/157/159
BUY HUL SL 313.4 TGT 319/322/327
BUY NTPC SL 208 TGT 210/212/213.7
BUY MEGHMANI ORGANICS SL 20.40 TGT 21.70/22.50/22.95
BUY EKC SL 125 TGT 128/129.75/132.60 (MEDIUM TERM 140/170)*
BUY JINDAL SOUTHWEST SL 2055 TGT 2123/2169/2190 (SHORT TERM 2270)*

INTRADAY TIPS FOR 24 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS OPENED FIRM BUT COULD NOT HOLD THE GAINS IN THE TRADE, MARKETS HAVE SHOWN WEAKNESS ON EVERY RISE, THERE WAS PROFIT BOOKING SEEN IN EVERY RISE IN THE MARKETS. THE SELLING BECAME INTENSE IN THE MID AFTERNOON ON SPECULATION ON AYODHYA VERDICT WHICH WAS SCHEDULED TO BE TODAY, NO SOONER THE ANNOUNCEMENT WAS MADE ON POSTPONING THE VERDICT TO 29 SEP 10 MARKETS MANAGED TO RECOVER FROM LOWS BUT COULD NOT MANAGE TO COME IN POSITIVE ZONE. MIDCAPS AND IT WERE THE ONLY TWO SECTORS WHICH TRADED IN POSITIVE ZONE ON SECTORAL INDICES. REALITY AND BANKING WERE THE HIGHEST LOOSER OF THE DAY. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES WAS DOWN BY 2.27% AND MANAGED TO CLOSE IN THE DAYS LOW. BREADTH OF THE MARKETS WEAKENED WHEN COMPARED TO THE OPENING BREADTH OF THE TRADE BUT OVERALL MARKETS BREADTH WAS WEAK.

TODAY MARKETS LOOK WEAK ON NEGATIVE CLOSING OF GLOBAL CUES AND WEAK OPENING OF ASIAN MARKETS. MARKETS WOULD OPEN WEAK AND CONTINUE TO TRADE IN RANGE BOUND WE MAY SEE VERY GOOD VOLATILITY IN THE TRADE. WE MAY SEE MARKETS TO COME INTO PRESSURE AT THE FAG END OF THE TRADING SESSION ON WEEKEND AS MARKETS ARE OVER STRETCHED. IF NIFTY TRADES BELOW 5940 THEN LIKELY TO COME DOWN TO 5909 LEVELS AND ANY BREAK BELOW 5909 CAN TAKE NIFTY TO 5860 LEVELS. ON THE POSITIVE FRONT IF NIFTY TRADES 5990 LEVEL CAN MOVE UPTO 6011 AND ANY BREAK ABOVE 6011 CAN TAKE NIFTY TO 6050 LEVELS. TRADERS CAN TAKE SHORT POSITION WITH STOPLOSS OF 6011 IN THE OPENING.

BUY ORCHID CHEMICALS SL 207.8 TGT 212.90/215.90/218.30
BUY DALMIA CEMENTS SL 263.70 TGT 275/282/287
BUY COLPAL SL 887 TGT 902/911/924

POSITIONAL TRADES
BUY PUNJLLOYD TGT 160
BUY PBA INFRA TGT 110

INTRADAY TIPS FOR 23 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS HAVE EDGED HIGHER IN THE OPENING TRADE HITTING FRESH 32 MONTH HIGH ON INDICES AND WERE UNDER TREMENDOUS PRESSURE ON EVERY HIGHER LEVEL TRACKING GLOBAL CUES. SECTORS LIKE TELECOM AND PHARMA WERE ON PROFIT BOOKING ON THE RECENT SURGE. MARKET BREADTH WAS WEAK IN CONTRAST TO THE STRONG BREADTH IN THE EARLY TRADE. MARKETS WERE DOWN BY ALMOST 60 POINTS AT ONE POINT IN THE MID AFTERNOON AND RECOVERED ON A FAST NOTE WITH BANKING STOCKS, SELECTED AUTO STOCKS AND IT STOCKS ROSE FROM INTRADAY LOWS. VOLATILITY WAS IMMENSE AND WAS HIGHEST IN THE RECENT PAST. MARKETS WERE SEE-SAW IN THE ENTIRE TRADING SESSION AND CLOSED MARGINALLY NEGATIVE.

TODAY MARKETS LOOKS NEGATIVE ON GLOBAL CUES AND WEAK CLOSING IN NIFTY ON THE LAST DAY. IF NIFTY TRADES BELOW 5984 THEN LIKELY TO COME DOWN TO 5940 LEVELS AND ANY BREAK BELOW THIS POINT WOULD BE CONSIDERED AS WEAK AND MAY TAKE MARKETS TO 5909 LEVELS IN INTRADAY AND ANY CLOSE BELOW 5940 IS CONSIDERED TO BE WEAK POSITIONALLY. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 6050 ONLY THEN ONE IS ADVISED TO GO LONG FOR A TARGET OF 6150 LEVELS. WE MAY SEE STOCK SPECIFIC MOVES ON THE UPSIDE AND DOWNSIDE MAY BE SEEN ON EVERY LEVEL OF RISE, ONE IS ADVISED TO STAY CAUTIOUS IN THE CURRENT MARKETS AS THERE IS EVERY POSSIBILITY FOR THE NIFTY TO CORRECT BY 10 TO 15% IN THE NEAR TERM.

BUY MARUTI ABOVE 1466 SL 1460 TGT 1479/1492/1499
BUY ABB SL 863 TGT 888/893/899 (SHORT TERM 967)
BUY PUNJ LLOYD SL 126.5 TGT 129.5/132.5/134.30 (SHORT TERM 150)

INTRADAY TIPS FOR 22 SEPTEMBER 2010

GOOD MORNING!!!

INDICES HAVE LOGGED DECENT GAINS ON A CONSISTENT BASIS FOR THE STRAIGHT THRID DAY ON CONTINUAL BUYING INTEREST FROM FOREIGN INSTITUTIONAL INVESTORS ADDING TO IT THE ROBUST Q2 ADVANCE TAX PAYMENTS FROM THE FRONT END COUNTERS HAS IGNITED FURTHER ON THE INVESTMENT FRONT. NIFTY HAS BREACHED THE PSYCHOLOGICAL LEVELS OF 6000 AND IN SENSEX 20000 FOR THE FIRST TIME AFTER 32 MONTHS. ONE THING TO CONSIDER ON THE INVESTMENT AND TRADING POINT OF VIEW WAS DESPITE THE INCLINE IN THE MARKETS THE BREADTH OF THE MARKET REMAINED WEAK AS WE HAVE WITNESSED SOME KIND OF RETRACEMENT IN MIDCAPS AND SMALL CAPS. FRONTEND COUNTERS IN IT LIKE TCS & INFOSYS, AUTO MAJORS LIKE TATA MOTORS, M&M HAVE IGNITED MARKETS.

TODAY MARKETS LOOK FLAT AND RANGE BOUND IF NIFTY TRADES ABOVE 6046 ONLY THEN ONE IS ADVISED TO GO LONG AS NIFTY LIKELY TO MOVE UPTO 6086 AND ANY BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 6150 LEVELS. ON THE DOWNSIDE IF NIFTY BREAKS BELOW 5986 ONE CAN SEE NIFTY TO COME DOWN TO 5960 AND THEN TO 5940 LEVELS. FOR THE TRADERS POINT OF VIEW IF NIFTY TRADES RANGE BOUND ONE CAN SHORT NIFTY IN THE OPENING WHEN MARKETS OPEN POSITIVE KEEPING 6046 AS STOPLOSS, ONE CAN WAIT FOR TARGETS OF 5986 THEN TO 5960 AND 5940 LEVELS. ON THE POSITIONAL FRONT NIFTY IS CONSIDERED TO BE ON THE BEARISH FRONT IF AND ONLY IF NIFTY TRADES BELOW 5900 LEVELS UNTIL THAN ONE IS ADVISED NOT TO GO SHORT ON POSITIONAL IN NIFTY.

BUY CREW BOS PRODUCTS SL 180 TGT 185.9/189/194.8
BUY WIPRO SL 436 TGT 442/445/451
BUY EDUCOMP SL 615 TGT 627/632/643
BUY AFTEK SL 16.20 TGT 17.25/17.9/18.3
BUY SANWARIA AGRO SL 59.8 TGT 62/63.40/64.3

INTRADAY TIPS FOR 21 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS LAST DAY OPENED FIRM AND INCHED HIGHER AND HIGHER HITTING FRESH 32 MONTH HIGH ON CONTINUAL AND HYSTERICAL BUYING, INDIAN BOURSES OUTPERFORMED EVERY MARKET IN THE WORLD. HIGHER Q2 ADVANCE TAX PAYMENTS FROM FRONTLINE COMPANIES ALSO ADDED THE FUEL IN LIFTING TO NEW HIGHS. THE BREADTH WAS IMMENSELY STRONG ALL THE SECTORAL INDICES WERE IN GREEN. MARKETS FIRED AND RALLIED TO THE NEXT LEVEL OF TRADE. FIIS INFLOWS IN SEPTEMBER TOTALED TO RS. 12442.80 CRORES AND THEIR CALENDER INFLOWS TOTALED TO RS 71824.50 CRORES TILL LAST THURSDAY. WE HAVE SEEN FRESH BUYING IN ALL THE SECTORS.

TODAY MARKETS WILL OPEN POSITIVE ON THE POSITIVE FEDERAL RESERVE’S MONETARY POLICY WHICH HAS IGNITED ALL THE ASIAN INDICIES. WE MAY SEE NIFTY TO INCH UP TO NEW HIGHS AND WILL CROSS 6000 MARK IN THE OPENING OF THE TRADE. IF NIFTY TRADES ABOVE 6000 THEN LIKELY TO GO UP TO 6027 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 6054 AND ABOVE THAT WILL TOUCH 6096 LEVELS, IF NIFTY CLOSES ABOVE 6050 THEN LIKELY TO TOUCH 6156 IN A VERY SHORT NOTE. ON THE DOWNSIDE IF NIFTY TRADES BELOW 5984 THEN LIKELY TO COME DOWN TO 5957 AND THEN TO 5925 AND ANY BREAK BELOW THIS LEVEL WOULD TAKE SUPPORT AT 5900 LEVELS AND IF NIFTY CLOSES BELOW 5900 THEN WE CAN SEE FURTHER DECLINE IN THE MARKETS. STAY CAUTIOUS AT EVERY HIGHER LEVEL AS IT IS COMPLETELY DRIVEN BY FOREIGN FUNDS ANY PROFIT BOOKING WOULD HIT THE MARKETS AND ANY ADVERSE EXTERNAL NEWS WILL EFFECT THE VERY BADLY AS THE MARKETS ARE AT OVERBOUGHT REGION. TECHNICALLY SPEAKING MARKETS ARE VERY MUCH STRETCHED AND ALMOST IN AN AREA WHERE IT IS LIKELY TO COME DOWN AT ANY STAGE ONE HAS TO LOOK MARKETS IN A LITTLE DIFFERENT MANNER AT THIS STAGE AND DON’T INVEST MUCH IN THIS MARKETS, INFACT I WOULD SUGGEST EACH AND EVERYONE TO CLOSE THEIR PORTFOLIO’S AND COME BACK AFTER ONE MONTH TO REINVEST AS MARKETS WOULD COME DOWN. IF ANY INVESTOR IS STILL HOLDING LOT OF POSITIONS THEN IT IS SUGGESTED TO BUY NIFTY PUTS ATLEAST ONE EIGHT OR ONE TENTH OF THEIR HOLDINGS.

BUY INDIA INFOLINE SL 108 TGT 111/114/118
BUY VOLTAS SL 237 TGT 241/245/249
BUY RELIANCE CAPITAL SL 824 TGT 833/839/849 (MEDIUM TERM 1000)
BUY VIVIMED LABS SL 325.9 TGT 347/360/369
BUY GLAXO SL 2007 TGT 2049/2064/2092

POSITIONAL TRADES
BUY KSK ENERGY TGT 200/215
BUY CAIRN TGT 388/425
BUY INDIA CEMENTS TGT 142/157
NOTE: ANYTHING RECOMMENDED EVEN AS POSITIONAL ONE IS ADVISED TO TAKE IN VERY SMALL QUANTITIES AS MARKET EXPECTED TO CORRECT ATLEAST 10 TO 15% ANYTIME.

INTRADAY TIPS FOR 20 SEPTEMBER 2010

GOOD MORNING!!!

KEY INDICES OPENED ON A FIRM NOTE, TRACKING GAINS IN ASIAN STOCKS MARKET YET AGAIN SURGED TO THE NEW HIGHS OF 32 MONTHS. MARKETS CAME OFF THE HIGHS SOON AFTER HITTING THE HIGHS AND LATER REGAINED STRENGTH IN THE MID AFTERNOON TRADE. THE MARKET BREADTH WAS STRONG ALL THE SECTORAL INDICES WERE IN POSITIVE BANKING AND TELECOM GAINED ON FRESH BUYING. MARKETS WERE VERY VOLATILTE, BUT REMAINED IN A POSITE ZONE. FIRM GLOBAL STOCKS AND DATA SHOWING HEAVY BUYING BY FOREIGN FUNDS RECENTLY, UNDERPINNED SENTIMENTS. ALL IN ALL MARKETS WERE ON A VERY POSITIVE ZONE WITH A PREMIUM OF ALMOST 27 POINTS IN NIFTY, THERE WAS HEAVY BUYING SEEN AT THE END OF THE TRADING SESSION.

TODAY MARKETS WOULD TRADE IN A NARROW RANGE, WE MAY SEE VERY STOCK SPECIFIC MOVES IN THE MARKETS, THERE MIGHT BE SOME RETRACEMENT IN METALS AND CEMENT COUNTERS. IF NIFTY TRADES ABOVE 5900 THEN LIKELY TO MOVE UP TO 5920 LEVELS AND ANY BREAK ABOVE 5920 WOULD TAKE NIFTY TO 5950 AND THEN TO 5980 LEVELS. WE CAN SEE NIFTY TO DIP DOWN TO 5800/5700/5650 LEVELS ON THE MEDIUM TERM ON RETRACEMENT. ON THE NEGATIVE SIDE IN INTRADAY IF NIFTY TRADES BELOW 5880 LIKELY TO MAKE A DOWN MOVE TO 5857 AND BREAK BELOW THIS POINT WOULD SLIDE DOWN 5832 LEVELS AND ANY CLOSE BELOW 5832 WOULD LEAD NIFTY TO NEGATIVE ZONE. ONE HAS TO BEAR IN MIND THAT THERE IS VERY LIMITED OPPORTUNITY ON THE UPSIDE AND ANY TRADE ON THE POSITIVE ZONE ONE HAS TO CLEAR IT IN INTRADAY AND DON’T CARRY TOO MANY POSITIONS IN THE PORTFOLIO. AVOID TAKING NEW POSITIONS EXPECT FOR STOCK SPECIFIC AND NOT MORE THAN 25% OF THE CAPITAL ONE IS ADVISED TO STAY WITH ATLEASET 70% OF THE CASH.

BUY RANBAXY ABOVE 539 SL 534 TGT 545/549/557
BUY BHUSHAN STEEL SL 2107 TGT 2137/2150/2162

INTRADAY TIPS FOR 17 SEPTEMBER 2010

GOOD MORNING!!!

INDICES SCALED TO THE NEW HIGHS OF 32 MONTHS IN THE EARLY TRADE EXTENDING ITS RECENT SURGE BUT LATER EDGED LOWER AFTER A SEVEN STRAIGHT SOLID SURGE ON PROFIT BOOKING. THIS HAS SNAPPED THE WINNING STREAK IN THE MARKETS, THIS WAS MAJORLY TRIGGERED BY WEAK EUROPEAN STOCKS AND US FUTURES WHICH HAS WEIGHED ON INVESTORS SENTIMENT TO BOOK PROFIT. THE VOLATILITY DURING THE TRADE WAS IMMENSE MARKETS HOVERED IN A BROAD RANGE BAND. MARKET BREADTH TURNED WEAK. BANKING, REALITY SHARES ROSE AFTER THE RBI SIGNALED ALMOST A PAUSE IN ITS CURRENT TIGHTENING CYCLE. METALS STOCKS DECLINED TRACKING DECLINE IN METALS STOCKS IN LME. IT STOCKS DECLINED ON FACTORS OF SLOW ECONOMIC RECOVERY AROUND THE GLOBE. ALL IN ALL THE MARKET BREADTH WAS WEAK AND MARKETS CLOSED ALMOST ON THE LOWER LOWS OF THE TRADE.

TODAY IF NIFTY TRADES BELOW 5826 THEN LIKELY TO DIP DOWN TO 5793 AND BREAK BELOW THIS POINT WOULD TAKE NIFTY TO 5760 LEVELS AND ANY CLOSE BELOW 5793 IS CONSIDERED TO BE A NEGATIVE CLOSING IN THE MARKET AND ONE CAN SEE FURTHER DECLINE AND DOWNSIDE RALLY MAY CROP IN WHICH MAY NOT BE VERY AGGRESSIVE BUT WOULD BE ON THE RETRACEMENT FRONT AS INDICES HAVE SURGED ALMOST BY 560 POINTS IN LAST 12 TRADING SESSIONS SO EVEN IF THE MARKET IS ON THE RETRACEMENT FRONT WE MAY SEE NIFTY TO TOUCH 5784 AS A FIRST TARGET AND THEN 5704 SO WE CAN EXPECT NIFTY TO TOUCH 5704 LEVELS IN THE NEXT FEW TRADING SESSIONS, WE MAY SEE NIFTY TO TAKE SUPPORT ON THE DOWNSIDE IN INTRADAY AROUND 5784 LEVELS AND THEN AT 5704 LEVELS. ON THE UPSIDE IF NIFTY TRADES ABOVE 5867 THEN LIKELY TO MAKE AN UPMOVE TO 5890 AND BREAK ABOVE THIS POINT WOULD INCH HIGHER TO 5920 LEVELS AND ANY CLOSE ABOVE 5900 WE CAN SEE NIFTY TO SURPRISE THE MARKET ON THE UPSIDE.

INTRADAY TIPS FOR 16 SEPTEMBER 2010

GOOD MORNING!!!

INDICES GAINED YET AGAIN FOR THE STRAIGHT SEVENTH DAY ON HEAVY BUYING BY FOREIGN FUNDS. INDICES OPENED HIGHER HITTING FRESH 32 MONTH HIGH ON THE INDICES AND THEN MARKET PAIRED GAINS AND REMAINED VOLATILE TILL THE END OF THE SESSION AFTER A BOUNCE BANK. WE HAVE SEEN HEAVY WEIGHT RELIANCE EDGED HIGHER AND ICICI BANK REVERSING ITS GAINS, WE HAVE WITNESSED BUYING INTEREST IN IT, FMCG AND METAL STOCKS WHILE AUTO DECLINED BUT MAJORITY OF THE SECTORAL INDICIES WERE IN GREEN. WE HAVE SEEN RS 7092.04 CRORE IN THE FIRST FEW DAY IN THIS MONTH WHICH TOTALED RS 26587.14 CRORES. THE NEXT TRIGGERS IN THE MARKET WOULD BE ADVANCED TAX AND THE OTHER ONE WOULD BE THE CENTRAL BANK MID TERM POLICY REVIEW EXPECTED TO BE TODAY.

TODAY WE MAY SEE NIFTY TO OPEN NEGATIVE ON THE CONCERNS OF CENTRAL BANK POLICY REVIEW WE MAY ALSO SEE BANKING STOCKS TO REMIAN UNDER PRESSURE. IF NIFTY TRADES BELOW 5842 THEN WE MAY SEE NIFTY TO DECLINE TO 5816 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 5792 LEVELS AND ANY CLOSE BELOW 5792 WOULD DRAG DOWN TO 5760 LEVELS. ON THE UPSIDE IF NIFTY TRADES ABOVE 5875 THEN LIKELY TO INCLINE TO 5900 LEVELS AND ANY BREAK ABOVE THIS POINT WOULD FACE RESISTANCE AT 5920 LEVELS ANY CLOSE ABOVE 5900 WILL TAKE NIFTY TO 5976 LEVELS. STAY CAUTIOUS ON THE UPSIDE.

BUY FT SL 1414 TGT 1446/1467/1497 (SHORT TERM 1550)
BUY SIEMENS ABOVE 763 SL 758 TGT 769/776/785
POSITIONAL TRADES
BUY LIC HSG TGT 1500
BUY SIEMENS TGT 814

INTRADAY TIPS FOR 15 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS OPENED FIRM ONLY ON THE DATA SHOWING BUYING BY FOREIGN FUNDS ON MONDAY. MARKETS ROSE FOR THE STRAIGHT FOR THE STRAIGHT SIXTH DAY HITTING NEW HIGHS OF ALMOST 32 MONTHS, NIFTY HAS GONE UP BY 445 POINTS IN THIS CALENDAR MONTH. CONTINUOUS, SUSTAINED AND HEAVY BUYING BY FOREIGN FUNDS HAVE IGNITED RETAIL INVESTORS TO JOIN THE RALLY WHICH HAS PAVED WAY FOR NIFTY TO SCALE TO NEW HIGHS OF 32 MONTHS, IN THE PAST TWO TRADING SESSION FII’S HAVE BOUGHT IN HUGE QUANTITIES WHICH HAVE MADE RETAIL INVESTORS TO JOIN THE RALLY AND HUGE SHORT COVERINGS ALSO WERE UNWINDED TRACKING THE FIIS BUYING INTEREST. ANOTHER POSITIVE POINT IN THE MARKET WAS EASING OF INFLATION DATA WHICH HAS HELPED STOCKS TO INCH HIGHER. WE HAVE SEEN ONLY LARGE CAPS MOVING IN THE LAST TRADING SESSIONS AND WE HAVE ALSO WITNESSED SOME PROFIT BOOKING TAKING PLACE IN MIDCAPS AND SMALL CAPS. THOUGH MARKETS SCALED TO NEWS HIGHS THE BREADTH OF THE MARKET HAS WEAKENED.

TODAY MARKETS WOULD OPEN FLAT AND MAY REMAIN IN RANGE BOUND, EVERY SMALL UPSIDE WOULD TRIGGER PROFIT BOOKING AND WE MAY BE VERY NARROWLY RANGE BOUND ON THE UPSIDE UNTIL IT BREACHS 5834 LEVELS. IF NIFTY TRADES ABOVE 5834 THEN WE CAN SEE NIFTY TO GO UP TO 5868. ON THE DOWNSIDE IF NIFTY TRADES BELOW 5788 THEN WE CAN SEE NIFTY TO SLIDE DOWN TO 5765 AND TRADE BELOW 5765 LEVELS WOULD THEN TAKE NIFTY TO 5727. ONE HAS TO BE VERY CAUTIOUS ON THE UPSIDE THOUGH WE HAVE APPETITE ON THE UPSIDE IN FEW STOCK SPECIFIC COUNTERS THERE ARE MANY FRONT END STOCKS WHICH HAS REACHED THEIR PEAKS AND LIKELY TO DECLINE AT ANY POINT.

BUY RAMA NEWSPRINT SL 20 TGT 20.80/21.35/22.20
BUY DLF SL 338.90 TGT 343/345.90/349
BUY VGUARD SL 201 TGT 212/219/230
BUY VAKRANGEE SOFTWARE SL 246.7 TGT 259.9/268/282
BUY CESC SL 421.25 TGT 430/436/440

RISKY TRADERS CAN TAKE THESE OPTIONS WITHOUT STOPLOSS
BUY INFOSYS 2950 PA BELOW 38
BUY DISH TV 55 PA BELOW 0.75
BUY ICICI BANK 1060 PA BELOW 17
BUY SBI 3050 PA BELOW 64
BUY BANK NIFTY 11500 PE BELOW 90

INTRADAY TIPS FOR 14 SEPTEMBER 2010

GOOD MORNING!!!

FACTORS EFFECTING THE MARKETS ON LAST DAY WERE MAJORLY BECAUSE OF INDUSTRIAL PRODUCTION GROWTH, FIRM GLOBAL CUES, SUSTAINED BUYING INTEREST FROM FOREIGN FUNDS HAS ENDED THE DAY ON THE DOMESTIC BOURSES TO THE HIGHEST INTRADAY GAINS IN THE RECENT PAST. MARKETS STRUCK TO HIGHEST LEVELS NEARLY 32 MONTHS ALL THE SECTORAL INDICES ON THE EXCHANGE WERE TRADING IN GREEN AND WERER TRADING HIGHER. BANKING, REALITY, METAL, OIL AND GAS LEADING THE GAINS. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES SURGED. BANKING INCHING HIGHER EVERY DAY AND NOW SCALED TO THE NEW RECORD HIGH. INITIALLY MARKETS OPENED HIGHER ON THE ONSET AND CONTINUED ITS JOURNEY VERY STRONGLY TAKING THE INDICES INCH BY INCH ON A VERY STRONG NOTE WITHOUT GIVING ANY SCOPE FOR RETRACEMENT, THE MARKET HAS HIT FRESH INTRADAY HIGH IN AFTERNOON TRADE ON POSITIVE START FROM EUROPEAN MARKETS.

TODAY MARKETS WOULD OPEN FLAT AND CONTINUE TO REMAIN IN RANGE BOUND IF NIFTY TRADES ABOVE 5780 THEN LIKELY TO FACE RESISITANCE AROUND 5800 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5834. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5759 THEN LIKELY TO COME DOWN TO 5732 AND THEN TO 5706 ANY BREAK BELOW 5700 WOULD TAKE NIFTY TO 5636 LEVELS. STAY CAUTIOUS AT HIGHER LEVELS.

BUY AMBUJA CEMENTS SL 138.4 TGT 141.20/143.45/144.80 (SHORT TERM 175)
BUY JUPITER BIOSCIENCE SL 122.70 TGT 130/136/139
BUY HCL INFOSYS SL 130.50 TGT 136/139/141
BUY ORIENT PAPER SL 64.35 TGT 65.30/65.70/66.60 (SHORT TERM 75)*

POSITIONAL TRADES
BUY HINDALCO TGT 260

INTRADAY TIPS FOR 13 SEPTEMBER 2010

GOOD MORNING!!!

STOCKS WERE VOLATILE. THE MARKET INCHED HIGHER IN THE OPENING AND HAS HIT 31 MONTH HIGH ON THE INDICES AND STARTED GIVING AWAY ALL THE INTRADAY GAINS AND STARTED RECOVERING FROM MID AFTERNOON TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES MOVED INTO THE GREEN FROM RED. THE MARKETS AGAIN CUT GAINS, SOON AFTER HITTING A FRESH 31-MONTH HIGH IN LATE TRADE STILL MANAGED TO CLOSE ON A VERY POSITIVE NOTE. BANKING, REALTY, TEA, CONSUMER DURABLES AND CAPITAL GOODS STOCKS ROSE. DATA SHOWING SUSTAINED BUYING OF INDIAN STOCKS BY FOREIGN FUNDS AND GOOD MONSOON RAINS, UNDERPINNED SENTIMENTS. THE MARKET BREADTH WAS POSITIVE, HAVING WEAKENED FROM A STRONG BREADTH EARLIER IN THE DAY.

TODAY MARKETS LOOK POSITIVE ON GLOBAL CUES AND A POSITIVE IIP DATA ON FRIDAY WOULD IGNITE MARKETS IN THE OPENING TRADE, WE WOULD INCH HIGHER IN THE OPENING BELL AND CONTINUE TO REMAIN IN A RANGE BOUND ON POSITIVE BIAS. IF NIFTY TRADES ABOVE 5640 THEN LIKELY TO MOVE UP TO 5674 LEVELS AND BREAK ABOVE IT MAY TAKE NIFTY TO 5693 LEVELS WHICH WILL ACT AS A TOUGH RESISTANCE ANY CLOSING ABOVE THIS POINT WOULD SEE FURTHER INCLINE IN NIFTY TO 5776. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5622 THEN WE MAY SEE NIFTY TO DIP DOWN TO 5592 AND BREAK BELOW THIS LEVEL WOULD TAKE FURTHER DOWN TO 5557 LEVELS ANY CLOSE BELOW 5592 WE CAN CONSIDER NIFTY TO BE WEAK. STRONG IIP NUMBERS, POSITIVE CLOSING OF AMERICAN MARKETS, POSITIVE START OF ASIAN INDICES, SUSTAINED BUYING INTEREST FROM FOREIGN INVESTORS GOOD MONSOONS RAINS ARE THE KEY FACTORS IN MARKETS ON THE POSITIVE FRONT, ONE HAS TO REMEMBER THAT ANYTIME WHEN MARKET IS MOVING IT TAKES ALL FRONT END STOCKS TO THE NEW HIGHS AND CONSOLIDATES THEN WE SEE AN UPMOVE IN MIDCAPS AND THEN LASTLY IN THE SMALL CAPS WHEN THE SMALL CAPS GIVES A RUN UP IT IS A HINT TO AN INVESTOR TO STAY AWAY FROM MARKETS AS WE MAY SEE A WAVE OF DECLINE SO WHEN YOU SEE SMALL CAPS RUNNING UP HIGHER THEN IT IS ADVISED TO STAY AWAY FROM THE MARKETS AND ESPECIALLY FROM THE PENNY STOCKS AS YOU WONT GET THE VALUE FOR IT , IF YOU HAVE ANY GOOD FUNDAMENTALLY STRONG COMPANY IN YOUR HAND THEN EVEN IN THE DECLINE WE MAY SEE IT TO INCH HIGHER ON FAST TRACK SO ADVISED TO STAY AWAY FROM PENNY STOCKS AT THE CURRENT LEVELS. FERTILIZERS, BANKING, CEMENTS AND PHARMA STILL LOOKS GOOD ON CHARTS.

BUY PAREKH ALUMINIUM SL 495.7 TGT 522/542/571
BUY BANK OF INDIA SL 487.70 TGT 499/509/518
BUY GODREJ IND SL 242.40 250/254/262
BUY VOLTAS SL 226 TGT 230/234/237*
BUY FEDERAL BANK SL 371 TGT 376/378.65/381.5 (SHORT TERM 425)
POSITIONAL TRADES
BUY ULTRATECH CEMENTS TGT 1150/1265

INTRADAY TIPS 09 SEPTEMBER 2010

GOOD MORNING!!!

INDICES RECOVERED FROM LOWER LEVEL, REGISTERING SMALL GAINS IN NIFTY. INDIAN STOCKS OUTPERFORMED GLOBAL EQUITIES, WHICH FELL ON RENEWED CONCERNS ABOUT THE HEALTH OF EUROPEAN BANKS. IT STOCKS AND REALTY STOCKS ROSE, REVERSING INITIAL LOSSES WHILE AUTO, FMCG AND CAPITAL GOODS STOCKS FELL. MARKET OPENED LOWER AT THE ONSET OF THE TRADING SESSION ON WEAK ASIAN STOCKS. THE MARKET MOVED IN A NARROW BAND IN MORNING TRADE AND HIT INTRADAY LOW IN MID-MORNING TRADE. THE INTRADAY RECOVERY GATHERED STEAM AS THE KEY BENCHMARK INDICES MOVED INTO POSITIVE ZONE IN EARLY AFTERNOON TRADE. THE MAJOR CONCERN OVERALL IN THE GLOBAL MARKETS IS WORRIES ABOUT EUROPE'S BANKS HAVE RESURFACED AFTER THE WALL STREET JOURNAL ON TUESDAY REPORTED THAT STRESS TESTS OF EUROPEAN BANKS EARLIER THIS YEAR UNDERSTATED SOME LENDERS' HOLDINGS OF POTENTIALLY RISKY GOVERNMENT DEBT. THIS HAS HIT THE SENTIMENT OF THE INVESTORS.

TODAY MARKETS WOULD OPEN POSITVE AND MAY REMAIN IN A POSITIVE ZONE UNTIL NIFTY TRADES ABOVE 5593 LEVELS AND MAY FACE RESISTANCE AROUND 5625 AND BREAK ABOVE THIS POINT WOULD LEAD NIFTY TO 5648 AND MARKETS ARE HEADING TOWARDS 5700 LEVELS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW5593 IT WOULD DRAG NIFTY TO 5575 LEVELS AND BREACH BELOW THIS POINT WOULD TAKE NIFTY TO 5557 AND THEN TO 5540 LEVELS AND ANY CLOSE BELOW 5540 WOULD CONVERT NIFTY INTO A NEGATIVE ZONE AND MAY PULL DOWN FURTHER ON RETRACEMENT FACTOR. LONG TERM STILL LOOKS POSITIVE AND WE WOULD STILL DO BETTER IN THE LONGER TERM PERSPECTIVE WE HAVE A GOOD GROWTH STORY AHEAD. WE HAVE SEEN BREAKOUT IN SUGARS AND CEMENT SECTOR.

BUY BIRLA ERICSSON SL 28.4 TGT 30.65/31.60/33.25 (SHORT TERM 45/58)
BUY MTNL SL 65 TGT 66.50/67.60/68.30 (SHORT TERM 76/87)**
BUY CORE PROJECTS SL 296 TGT 304.5/310/318.70*
BUY SUVEN LIFE SCIENCE SL 31.8 TGT 33.30/34.15/35

POSITIONAL TRADES
BUY SBIN TGT 3250/3600
BUY DR REDDY TGT 1550

INTRADAY TIPS FOR 08 SEPTEMBER 2010

GOOD MORNING!!!

KEY INDICES CAME OFF HIGHS AFTER HITTING NEW 31 MONTH HIGHS IN THE LATE TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES FELL. VOLATALITY WAS VERY HIGH ON THE BOURSES. INTEREST RATE SENSITIVE BANKING AND REALTY STOCKS FELL AHEAD OF A MONETARY POLICY REVIEW BY THE CENTRAL BANK ON 16 SEPTEMBER 2010. IT, METAL, CEMENT STOCKS ROSE. MARKET BREADTH WAS STRONG IN THE OPENING OF TRADE IN COMPARISION TO THE END OF THE SESSION. MARKETS STILL MANAGED TO CLOSE ON A POSITIVE NOTE AND THE STRUCTURE OF THE MARKETS STILL CONTINUE TO LOOK BULLISH.

TODAY MARKETS LOOK NEGATIVELY BIASED ON THE NEGATIVE CLOSING OF AMERICAN MARKETS AND WEAK OPENING OF ASIAN MARKETS. ALMOST ALL THE GLOBAL INDICES ARE TRADING IN NEGATIVE ZONES. TODAY, IF NIFTY TRADES BELOW 5575 THEN LIKELY TO MAKE 5560 LEVELS AND BREAK BELOW THIS POINT WE MAY SEE NIFTY TO DRAG DOWN TO 5514 LEVELS. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5600 THEN WE CAN SEE NIFTY TO TOUCH 5700 IN A VERY SHORT TIME. STOCK SPECIFIC MOVES CAN BE SEEN AND BE WITH THE TREND. CEMENTS HAVE GIVEN A BREAK OUT.

BUY UTTAM GALVA STEEL SL 162 TGT 172/179/182
BUY ACC SL 957 TGT 983/999/1009
BUY ULTATECH SL 988 TGT 1018/1031/1059

INTRADAY TIPS FOR 07 SEPTEMBER 2010

GOOD MORNING!!!

INDICES JOINED RALLY OF GLOBAL STOCKS AND ROSE TO 31 MONTHS HIGH, THE MAJOR TRIGGERS IN THE MARKETS WERE
· US BETTER THAN EXPECTED US PAYROLLS DATA EASED MARKET ANXIETY OVER CHANCES OF DOUBLE DIP RECESSION IN THE WORLD BIGGEST ECONOMY.
· CONTINUAL AND SUSTAINED BUYING FROM FOREIGN FUDNS
· GOOD MONSOON RAINS
ALL THE ABOVE THREE FACTORS HAVE LIFTED THE SENTIMENT OF THE INVESTORS AND IGNITED THE MARKETS TO THE NEW HIGHS OF MORE THAN TWO AND HALF YEARS. THE RALLY HAS COVERED ALL THE SECTORS AND THERE WAS VERY GOOD BUYING SEEN IN ALL THE COUNTERS. INITIALLY MARKETS SURGED IN THE OPENING OF THE TRADE AND STARTED MOVING AT A CONSTANT PACE TOWARDS NORTH AND THERE WAS ABSOLUTE BUYING SEEN IN ALL THE COUNTERS. THOUGH INFLATION WAS LITTLE HIGHER THE DATA DIDN’T DISAPPOINT ANYTHING IN THE MARKETS. THE MARKET BREADTH IN THE OPENING WAS STRONG AND CONTINUED TO GET STRONGER AS THE DAY PROGRESSED AND CLOSED AT A VERY POSITIVE NOTE.

TODAY MARKETS WOULD OPEN POSITIVE AND REMAIN RANGE BOUND TILL NIFTY IS BELOW 5600 LEVELS ONE CAN SEE NIFTY TO TRADE RANGE BOUND AS LONG AS NIFTY IS BELOW 5600 LEVELS, IF NIFTY TRADES ABOVE 5600 WE CAN SEE NIFTY TO MOVE TO 5700 IN A VERY SHORT NOTE ANY LEG OF BUYING FROM HERE ON WOULD FORCE THE BEARS TO COVER THEIR SHORTS THEREBY IGNITING THE MARKETS TO SHOOT UP TO 5700 LEVELS. ONE HAS TO BE VERY CAUTIOUS IN THE MARKET BUT BE WITH THE TREND. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5570 WE MAY SEE A LITTLE DECLINE TILL 5547 LEVELS AND BREAK BELOW THIS POINT WOULD TAKE DOWN TO 5510 LEVELS.

BUY CEAT SL 188 TGT 195/200/206
BUY VOLTAS SL 216 TGT 219.60/221.40/224.50
BUY STERLING BIOTECH SL 114.4 TGT 118.25/120.25/123
POSITIONAL TRADES
BUY KINGFISHER 85/93
BUY BEML TGT 1400/1500*
BUY ISPAT INDS TGT 23*

INTRADAY TIPS FOR 06 SEPTEMBER 2010

GOOD MORNING!!!

SELLING PRESSURE CONTINUED AFTER A POSITIVE START IN THE MARKET ALMOST ALL THE OPENING GAINS HAVE BEEN WIPED OFF SLOWLY AND ENTERED INTO A NEGATIVE TERRITORY AND THEN IN THE AFTERNOON WE HAVE SEEN A FAST RECOVERY THOUGH COULD NOT BREAK INTRADAY HIGHS BUT MANAGED TO INCH UP HIGHER BUT AT THE FAG END OF THE TRADING SESSION MARKETS FELL ON PROFIT BOOKING NOTE AHEAD OF WEEKEND AND MARKETS MANAGED TO CLOSE ALMOST FLAT TO NEGATIVE. THERE WAS GOOD BUYING SEEN IN IT AND FERTILIZERS STOCKS.

TODAY MARKETS WOULD OPEN POSITIVE TRACKING POSITIVE CLOSING OF EUROPEAN & AMERICAN INDICES ON FRIDAY AND A POSITIVE START IN ASIAN INDICES WOULD HELP NIFTY TO OPEN ON A POSITIVE NOTE. IF NIFTY TRADES ABOVE 5490 THEN LIKELY TO MAKE AN UP MOVE TO 5510 LEVELS AND BREAK ABOVE THAT POINT WOULD TAKE IT TO 5545 LEVELS AND ANY BREAK ABOVE THIS POINT WOULD TAKE IT TO 5560 WHICH WOULD ACT AS A TOUGH RESISTANCE AND ANY BREAK AND CLOSE ABOVE THIS POINT WOULD TAKE NIFTY TO FURTHER NEW HIGHS AND THERE IS EVERY POSSIBILITY THAT THERE WOULD BE LOT OF SHORT UNWINDING TO TAKE PLACE SO BE CAUTIOUS ABOVE 5560 LEVELS ON THE SHORT SIDE. ON THE NEGATIVE SIDE OF MARKET IF NIFTY TRADES BELOW 5474 WE MAY LIKELY TO SEE NIFTY TO COME DOWN TO 5438 AND THEN TO 5414 LEVELS AND ANY CLOSING BELOW 5450 IS CONSIDERED TO BE BEARISH IN A VERY SHORT TERM.

BUY BOSCH LTD SL 6267 TGT 6440/6553/6610 (SHORT TERM 7330)*
BUY HOTEL LEELA SL 54.6 TGT 55.90/56.60/57.80 (SHORT TERM 69)*
BUY KINGFISHER AIRLINES SL 63 TGT 64.25/65.50/66.15
BUY ESCORTS SL 214.3 TGT 220/224/227.9

POSITIONAL TRADES
BUY TV18 TGT 118
BUY TALWALKAR TGT 300
BUY VENKYS (I) TGT 1150/1400

INTRADAY TIPS FOR 03 SEPTEMBER 2010

GOOD MORNING!!!

INDICES OPENED ON A STRONG NOTE TRACKING US & EUROPE CLOSING AND POSITIVE START FROM ASIAN PEERS, BUT COULD NOT HOLD THE GAINS. MARKETS STARTED GIVING AWAY SLOWLY ALL THE GAINS IN A VERY VOLATILE TRADE. THE SELLING PRESSURE WAS SEEN IN LATE TRDE WHICH HAS WIPED AWAY ALMOST ALL THE GAINS. THE MARKET BREADTH TURNED WEAK IN CONTRAST TO THE STRONG BREADTH EARLIER IN THE OPENING TRADE, ALL-IN-ALL CLOSED ON A POSITIVE BREADTH. THE MID CAPS AND SMALL CAPS HOGGED THE LIMELIGHT. THERE WAS BUYING INTEREST SEEN IN AUTO, BANKING, METALS AND CONSUMER GOODS, SUGAR STOCKS WERE THE MAJOR GAINERS OF THE DAY REPORTS ON POSSIBLE DECONTROL IN PRICES HAVE TRIGGERED ALL THE SUGARS STOCKS.

TODAY MARKETS LOOK FLAT AND VOLATILE. IF NIFTY TRADES BELOW 5474 THEN LIKELY TO NOSE DIVE TO 5438 LEVELS AND BREAK BELOW THIS LEVEL WOULD DRAG NIFTY TO 5414 LEVELS AND ANY CLOSE BELOW 5414 IS CONSIDERED TO BE WEAK AND MAY SEE FURTHER DOWNSIDE IN NIFTY IN COMING DAYS. ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 5510 THEN LIKELY TO MAKE AN UPMOVE TO 5540 AND BREAK ABOVE THIS POINT WOULD TRIGGER NIFTY TO 5560 LEVELS. ANY CLOSE ABOVE 5540 IS CONSIDERED TO BE VERY STRONG CLOSING.

BUY EXIDE INDS SL 155 TGT 159.5/162/165 (SHORT TERM 200)
BUY CORE PROJECTS SL 279 TGT 286/289.75/296.50
BUY VINDHYA TELELINK SL 348.9 TGT 369/381/388 (SHORT TERM 450)
BUY ISPAT INDS SL 19.75 TGT 20.40/20.85/21.10
POSITIONAL TRADES
BUY JINDAL DRILLING TGT 750
BUY CEAT TGT 200

INTRADAY TIPS FOR 02 SEPTEMBER 2010

GOOD MORNING!!!

STRONG GLOBAL CUES HAVE PUSHED THE BOURSES TO THE NEW INTRADAY HIGHS IN THE AFTERNOON SESSION OF THE MARKETS. MONTH STARTED ON A FIRM NOTE NULLIFYING ALMOST ALL THE LOSSES INCURRED IN THE LAST FEW TRADING SESSIONS. THE MAJOR TRIGGER IN THE MARKETS APART FROM THE GLOBAL CUES WERE STRONG AUTO SALES, DATA FROM MANUFACTURING SECTOR SHOWING EXPANSION AND RESUMPTION OF BUYING BY FOREIGN FUNDS THESE ALL THINGS HAVE UNDERPINNED THE SENTIMENT OF THE INVESTORS. MARKET INITIALLY OPENED HIGHER AND CONTINUED TO REMAIN IN A NARROW RANGE BOUND UNTIL AFTERNOON THERE AFTER TRACKING THE US AND EUROPEAN POSITIVE OPENING MARKET STARTED TO SHOW ITS MOMENTUM TOWARDS NORTH AND INCHED HIGHER. ALL THE SECTORAL INDICES WERE IN GREEN AND MARKET BREADTH IN THE OPENING WAS STRONG AND IT WAS MUCH STRONGER AT THE END OF THE TRADING DAY.

TODAY MARKETS LOOK POSITIVE ON GLOBAL CUES AS US AND EUROPE CLOSED POSITIVE AND POSITIVE OPENING OF ASIAN STOCKS WOULD TRIGGER INDIAN MARKETS IN THE OPENING BELL. NIFTY IN THE OPENING MAY GO UPTO 5520 AND ANY BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5545 LEVELS WHICH WILL ACT AS A TOUGH RESISTANCE AND IF THIS IS BREACHED WE CAN EXPECT IT TO TOUCH 5560 LEVELS THIS IS CONSIDERED TO BE A LONG TERM RESISTANCE IF NIFTY TRADES ABOVE 5560 THEN WE MAY SEE SOME SHORT COVERING AND BUILDUP IN OPEN LONGS AS WELL. ON THE DOWN SIDE NIFTY WOULD NOT LIKELY TO SEE ANY PRESSURE.

BUY HANUNG TOYS SL 308 TGT 316/324/333
BUY JSW STEEL SL 1170 TGT 1187/1199/1207
BUY DISH TV SL 53 TGT 54.8/56.3/57.20
BUY RUCHI SOYA SL 136 TGT 140/143.8/145.8*
BUY CENTURY TEXTILES SL 494 TGT 500/506/509

POSITIONAL TRADES
BUY FDC TGT 125/145

INTRADAY TIPS FOR 01 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS WERE ON A SEE-SAW MOVE RIGHT FROM THE BEGINNING OF THE TRADE, VOLATALITY RULED THE ROOST AS THE INDICES HAVE ERASED THE ENTIRE INTRADAY LOSSES IN THE LATE TRADE. INITIAL DOWNFALL IN THE MARKETS WERE TRIGGERED ON DATA SHOWING STRONG ECONOMIC EXPANSION IN THE FIRST QUARTER, THE ECONOMY EXPANDED AT THE FASTEST PACE IN TWO AND HALF YEARS IN Q1 JUNE 2010. THOUGH WEAKNESS PERSISTED ALL OVER THE WORLD INDICES MARKETS STILL MANAGED TO REBOUND, DESPITE MARKET TURNING TO CLOSE AROUND POSITIVE ZONE MARKET WAS WEAK AS ALMOST ALL THE SECTORAL INDICES WERE IN RED.

TODAY MARKETS WOULD REMAIN FLAT. GLOBAL MARKETS ARE MIXED WE MAY SEE OUR MARKETS TO REMAIN FLAT. IF NIFTY TRADES ABOVE 5424 THEN LIKELY TO MOVE UP TO 5450 AND BREAK ABOVE THIS POINT WOULD LEAD TO 5470. ON THE DOWN SIDE IF NIFTY TRADES BELOW 5389 THEN LIKELY TO COME DOWN TO 5356 AND TRADE BELOW THIS LEVEL WOULD TAKE IT FURTHER DOWN TO 5306 AND THEN TO 5240.

BUY UNITED SPIRITS SL 1429 TGT 1447/1467/1479
BUY RANBAXY SL 489 TGT 496/499/506
BUY AMBUJA CEMENTS SL 125 TGT 127.7/129.5/132
BUY KAVERI TELE SL 139.5 TGT 143.8/146.3/150
BUY AP PAPER SL 201.70 TGT 217/228/242
POSITIONAL TRADES
BUY AXIS IT &T TGT 100/120