INTRADAY TIPS FOR 09 OCTOBER 2009

GOOD MORNING!!!

KEY INDICES REMAINED FIRM AND TRADED IN GREEN MOST OF THE TIME NIFTY CLOSING ABOVE THE PSYCHOLOGICAL 5000 MARKET. INDICIES WERE SUPPORTED BY GLOBAL STOCKS WITH HIGHER US INDEX FUTURES AND OPTIMISM ABOUT QUARTER 2 RESULTS. OVERALL INTRADAY VOLATALITY ON THE BOURSES WAS HIGH. STOCK AND SECTOR SPECIFIC ACTIVITY MAY DOMINATE TRADE IN THE COMING DAYS BASED ON EXPECTATIONS ON Q2 RESULTS. INFOSYS TO KICKSTART THE REPORTING STRONG Q2 RESULTS ON STRONG VOLUME GROWTH AND ON LOWER INPUT COSTS. METAL FIRMS ARE SEEN REPORTING FALL IN NET PROFIT DUE TO SHARP FALL IN METAL PRICES ON YEAR-ON-YEAR BASIS.

MARKETS TODAY WOULD OPEN STRONG WITH INFOSYS RESULTS ON THE POSITIVE NOTE. IF NIFTY TRADES ABOVE 5018 THEN WE CAN SEE NIFTY FACE RESISTANCE AT 5056 AND TRADE ABOVE 5068 WILL LEAD NIFTY TO 5130 AND ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4960 THEN WE CAN SEE NIFTY TO TOUCH 4920 AND BREAK BELOW THIS LEVEL WOULD LEAD NIFTY TO 4892. ANY CLOSE BELOW 4960 IS WEAK CLOSING AND ANY CLOSE ABOVE IT IS GOOD TO STAY LONG.

BUY JPASSOCIATES SL 241.4 TGT 246.5/248.5/252.4
BUY UNITECH SL 98.9 TGT 103.4/105/106.5
BUY TATA MOTOR SL 582 TGT 600/607/613
BUY HCC SL 130 TGT 135/136.9
BUY AXIS SL 999 TGT 1020/1027

INTRADAY TIPS FOR 08 OCTOBER 2009

GOOD MORNING!!!

LAST DAY WE HAVE WITNESSED A HIGHLY VOLATILE SESSION. INTRADAY VOLATALITY WAS IMMENSE. AFTER AN INTIAL SURGE IN THE MARKETS DUE TO FIRM GLOBAL QUES LAID OFF GAINS IN THE SECOND HALF OF THE SESSION. IT STOCKS DROPPED ON A RALLY IN RUPEE. THE MAJOR INDICES PLAYER SBI AND ICICI BANK IN BANKING SECTORY LED A SUDDEN FALL WITH SELL OFF IN THEM. DESPITE CORRECTION IN THE MARKET, MARKET DIDNT BECOME THAT WEAK TO GO FOR SHORTS. MARKETS MANAGED TO CLOSE SLIGHTLY ABOVE THE POINT OF SUPPORT. AFTER MARKET HOURS INDEX HEAVYWEIGHT RIL SURPRISED THE STREET WITH A LIBER 1:1 BONUS ANNOUNCEMENT.

TODAY MARKET WOULD BE RANGE BOUND WITH INITIAL UPMOVE AS LONG AS NIFTY REMAINS ABOVE 5020 IT IS LIKELY TO MAKE A JOURNEY TOWORDS NORTH AND DURING INTRADAY ONE CAN LOOK FOR A TARGET OF 5084 BREAK ABOVE 5090 WOULD TAKE NIFTY TO 5136 AND ON THE DOWNSIDE IF NIFTY TRADES BELOW 4955 THEN ONE CAN LOOK FOR A TARGET OF 4872.

BUY BAJAJHIND SL 186.4 TGT 191/193.5/195
BUY TITAN SL 1339 TGT 1385/1405
BUY IBREAL SL 275.4 TGT 283/287/290
BUY JSL SL 108 TGT 113.8/117.5/122
BUY MARUTI ONLY ABOVE 1555 SL 1539 TGT 1573/1600

INTRADAY TIPS FOR 07 OCTOBER 2008

GOOD MORNING!!!

INDICES LOGGED GOOD GAINS IN A VERY VOLATILE TRADING SESSION. STRONG INTRADAY REBOUND WAS BASED ON EXPECTATIONS OF STRONG Q2 RESULTS. THOUGH BREADTH OF THE MARKET REMAINED POSITIVE, SMALL AND MID-CAP STOCKS FAILED TO CATCH THE FRONT END STOCKS. FMCG SECTOR AGAIN GAINED FOR THE STRAIGHT SECOND DAY ON DEFENSIVE BUYING. BANKING AND METALS ALSO LOGGED SMART GAINS AFTER AN EARLY HICCUP. TELECOM STOCKS WERE HAMMERED FOR THE SECOND RUNNING DAY ON WORRIES FALLING TARIFFS AND INCREASING COMPETITION WILL HURT THE SECTOR'S PROFITABILITY. INTRADAY VOLATILITY WAS IMMENSE.BANK STOCKS LED AN INTRADAY REBOUND IN AFTERNOON TRADE. THE RECOVERY GATHERED STEAM WITH THE SENSEX REGAINING POSITIVE ZONE IN MID-AFTERNOON TRADE. THE MARKET STRUCK A FRESH INTRADAY HIGH IN LATE TRADE. STOCK AND SECTOR-SPECIFIC ACTIVITY MAY DOMINATE TRADE IN THE COMING DAYS BASED ON EXPECTATIONS ON Q2 RESULTS, WHICH WILL START TRICKLING IN SOON. AUTO FIRMS AND CEMENT FIRMS ARE SEEN REPORTING STRONG Q2 RESULTS ON THE BACK STRONG VOLUME GROWTH, LOWER INPUT COSTS AND ON HIGHER REALISATIONS. BANKS ARE SEEN REPORTING A SEDATE GROWTH IN CORE LENDING. A SHARP SURGE IN EQUITY MARKETS MAY HELP TREASURY GAINS FOR SOME BANKS.

TODAY, WITH THE STRONG RALLY ON THE LAST DAY AND WITH ALL GLOBAL QUES ON THE POSITIVE TERRAIN MARKETS MAY OPEN HIGH AND REMAIN IN THE POSITIVE ZONE. TODAY IF NIFTY TRADES ABOVE 5030 THEN IT IS QUITE EVIDENT THAT MARKET WILL GO TO 5090 AND TRADE ABOVE 5090 WILL HIT NEW HIGHS OF THE YEAR AND IS LIKELY TO TAKE NIFTY TO 5136 LEVELS. ON THE NEGATIVE SIDE OF THE MARKET IF NIFTY TRADES BELOW 5020 THEN YOU CAN SEE NIFTY TO SLIDE DOWN TO 4985 AND BREAK BELOW THIS LEVEL WOULD DRAG NIFTY TO 4960 AND CLOSE BELOW 4985 IS CONSIDERED AS A POINT OF EXIT ONLY ON THE CLOSING BASIS.

BUY JSW STEEL SL 863 TGT 875/884/894
BUY HINDALCO SL 123.40 TGT 128/130/132
BUY RELINFRA SL 1269 TGT 1306/1319/1338
BUY TATASTEEL SL 503 TGT 526/532/540
BUY SAIL SL 164 TGT 168/172/175
BUY KFA SL 58.4 TGT 61/62
SELL RCOM BELOW 264.4 SL 272 TGT 251/239/226
POSITIONAL TRADE
BUY SULZER INDIA (MEDIUM TERM)**

INTRADAY TIPS FOR 06 OCTOBER 2009

GOOD MORNING!!!

MARKET OPENED WEAK ON GLOBAL QUES AND EXTENDED THEIR LOSSES, BUT BUYING IN SOME STOCK SPECIFIC COUNTERS HAS HELPED THE MARKETS TO CONTAIN THE LOSSES. MARKET BREADTH WEAKEND, TELECOM SHARES WERE THE CHIEF CASUALITIES OF THE DAY FOLLOWING REPORTS OF LIKELY DELAY IN THE THIRD GENERATION AUCTION PROCESS. FMCG AND PHARMA WERE POSITIVE.

TODAY MARKETS MAY OPEN POSITIVE WITH ALL GLOBAL INDICES MAKING A POSITIVE MOVE, MARKETS ARE STILL LOOKING STRONG STRUCTURALLY THOUGH THE MOMENTUM OF MARKETS ON INTRADAY BASIS HAVE GIVEN WEAKNESS AS ADVISED YESTERDAY TO STAY LONG ABOVE 4960 ONE HAS TO KEEP THIS LEVEL IN MIND AND KEEP BUYING ON DIPS AND ANY DOWNSIDE BELOW 4960 MAY TAKE NIFTY TO MUCH LOWER LEVELS. ON TRADING FRONT IF NIFTY TRADES BELOW 4990 THEN IT IS EXPECTED TO SLIDE DOWN TO 4960 LEVELS TRADING BELOW THIS LEVELS WITH GOOD VOLUMES WOULD TAKE NIFTY 4910 LEVELS AND ANY CLOSE BELOW 4960 IS CRUCIAL AND ONE IS ADVISED TO EXIT LONGS AND ONE CAN STAY SHORT. AND ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 5017 THEN IT CAN MOVE TO 5050 AND BREAK ABOVE THIS LEVEL WOULD TAKE NIFTY TO 5077 AND CLOSE ABOVE 5050 ONE CAN REMAIN LONG.

BUY JSW STEEL SL 829 TGT 848/865/874
BUY CANBANK SL 315.4 TGT 321.5/323.4/327
BUY IBREAL SL 262 TGT 269/272/275
BUY NAGARCONT SL 148 TGT 152/155
BUY SPICE JET SL 33 TGT 37/38
BUY BANK NIFTY FUTURES SL 8640 TGT 8750/8815

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

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

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*