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