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

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)

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

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