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