Monday, October 5, 2009

INTRADAY TIPS FOR 05 OCTOBER 2009

GOOD MORNING!!!

LAST TRADING SESSION WAS YET AGAIN A NEW HIGH FOR THE NIFTY, NIFTY STUCK 17 MONTH HIGH , AFTER A FIRM OPENING EXTENDING GAINS FOR THE STRAIGHT THIRD DAY. MARKET MANAGED TO CLOSE SLIGHTLY IN THE POSITIVE TERRAIN AFTER HOVERING IN POSITIVE AND NEGATIVE ZONES ON THE PROFIT BOOKING DUE TO LONG WEEK END. GAINS IN IT PIVOTALS WERE OFFSET BY PROFIT BOOKING IN OIL AND GAS STOCKS.

TODAY MARKETS LOOK WEAK ON THE WEAK GLOBAS CUES BUT ONE HAS TO KEEP A NOTE OF MARKETS THAT THEY ARE STRUCTURALLY STILL STRONG ENOUGH ONE HAS TO WATCH OUT FOR THE KEY LEVELS SPECIFIED BELOW AND IS ADVISED ONLY TO SHORT OR GO LONG ON THE LEVELS INDICATED AND EVERYONE IS CAUTIONED THAT THIS IS THE PHASE WERE ONE HAS TO BE VERY STRICT WITH THE LEVELS ON THE NEGATIVE SIDE IF MARKETS TRADE BELOW 5061 THEN IS LIKELY TO GO DOWN TO 5016 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 4960 AND THEN TO 4920 ANY THING BELOW 4960 IS CONSIDERED TO BE WEAK CLOSE BELOW THIS LEVEL ONE CAN GO SHORT AND ON THE UPFRONT IF NIFTY TRADES ABOVE 5090 ONE CAN GO LONG IT IS LIKELY TO SEE NIFTY TO THE NEW HIGHS IF TRADED ABOVE 5090 THE NEXT LEVEL WE CAN SEE IS 5136.

BUY JSL ONLY ABOVE 100 SL 96 TGT 105/108
BUY AXIS BANK ONLY ABOVE 1015 SL 999 TGT 1034/1049
BUY IDFC ABOVE 155.4 SL 152.4 TGT 160/162
SELL HEROHONDA SL 1650 TGT 1620
SELL STER SL 786 TGT 765/753/741
SELL DLF SL 444 TGT 428/418

Thursday, October 1, 2009

INTRADAY TIPS FOR 01 OCTOBER 2009

GOOD MORNING!!!
TODAY MARKETS ARE HIGHLY VOLATILE WITH VERY RANGE BOUND. MARKET AT NO POINT IS CONSIDERED TO BE WEAK IN THE CURRENT TREND OF THE MARKET, THE HEALTH OF THE MARKET IS VERY STRONG AND LIKELY TO RECOVER EVEN AFTER A SLIGHT DECLINE ONE IS ADVISED TO FOLLOW THE FOLLOWING LEVELS FOR INITIATING SHORT AND LONG POSITIONS. TODAY IF NIFTY TRADES BELOW 5018 IT IS ADVICED TO EXIT LONG POSITIONS AND ANYTHING ABOVE 5020 ONE IS ADVISED TO BE ON THE LONG SIDE. IF NIFTY TRADES ABOVE 5020 THEN WE CAN SEE NIFTY TO 5090 AND BREAK ABOVE THIS POINT WE CAN SEE NIFTY AT 5130 AND ON THE NEGATIVE FRONT IF NIFTY TRADES BELOW 5018 ONE IS ADVISED TO EXIT LONGS AND INITIATE SHORTS ONLY 4984 AND BREAK BELOW THIS LEVEL ONE CAN CARRY SHORTS FOR A FRESH TARGETS OF 4940. ONE CAN EYE BHARTI.
BUY BHARTI SL 414 TGT 436/465/513 **
BUY HCC FUTURES SL 128 TGT 134/137/140
BUY MARUTI AROUND 1680 LEVELS SL 1674 TGT 1700/1720
BUY BEML FUTURES SL 1054 TGT 1097/1116/1125
BUY DLF SL 432 TGT 439/442/447

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