INTRADAY TIPS FOR 02 JULY 2010

GOOD MORNING!!!

THE DOMESTIC EQUITY MARKETS REMAINED SLUGGISH FOR THE ENTIRE TRADES AS THE IMPACT OF THE BIG DIP IN THE WEEKLY FOOD PRICE INFLATION WAS OFFSET BY GAP-DOWN START FOR EUROPEAN SHARES. THE REGIONAL PEERS ALSO CONTINUED TO LANGUISH IN THE RED. INDICES WERE OSCILLATING IN A NARROW RANGE. THE ENTIRE SECTORAL INDICES WERE IN RED, THE BREADTH OF THE MARKET REMAINED NEGATIVE FOR THE ENTIRE DAY AND THERE WAS NO SPACE OF RECOVERY SEEN IN THE MARKETS.

TODAY WE MAY SEE MARKETS TO REMAIN FLAT AND RANGE BOUND, IF NIFTY TRADES BELOW 5240 THEN LIKELY TO COME DOWN TO 5200 AND BELOW THIS POINT NIFTY WOULD BECOME VERY WEAK AND ON IS ADVISED TO STAY INVESTED IF NIFTY IS CLOSING ABOVE 5200 MARK AND ANY CLOSE BELOW 5200 COULD BE DANGEROUS HOLDING LOT OF POSITIONS. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5275 ONE CAN TAKE LONG POSITIONS FOR A TARGET OF 5300 AND ABOVE 5320 LIKELY TO MAKE AN UPMOVE TO 5350 LEVELS AND ANY CLOSE ABOVE 5300 IS CONSIDERED TO BE STRONG IN NIFTY POINT OF VIEW AND IF NIFTY CLOSES ABOVE 5240 IS ALSO A HEALTHY SIGN.

BUY RELIANCE MEDIA SL 222 TGT 238/243/247
BANKINDIA SL 355 TGT 363/367/370 (MEDIUM TERM 395)
BUY IFCI SL 55 TGT 58.5/59.4/60.6
MCSOUTHBANK SL 169 TGT 172/174/176 (MEDIUM TERM 184)

INTRADAY TIPS FOR 01 JULY 2010

GOOD MORNING!!!

RALLY IN THE SECOND HALF OF THE SESSION HELPED THE MARKETS TO RALLY AND CLOSE MARKETS IN A COMFORTABLE AND POSSITIVE ZONE. POSITIVE EUROPEAN MARKETS ALONG WITH US INDEX FUTURES BOOSTED THE SENTIMENTS OF INVESTORS. INDICES REVERSED MOST OF THEIR LOSSES OF THE LAST TRADE, BUYING HAS BEEN INTIATED IN ALL THE SECTORS WHICH HELPED THE MARKETS TO BOUNCE BACK. INITIALLY MARKETS RESENTED AN UPMOVE IN THE OPENING BUT WAS POSITIVE ENTIRE DAY AFTER A GAP DOWN OPEN AND CLOSED BULLISH TRACKING EUROPE AND US FUTURES.

TODAY MARKETS WOULD OPEN GAP DOWN TRACKING WEAK GLOBAL CUES. WE MAY SEE A VERY STOCK SPECIFIC MOVES IN THE MARKETS, TODAY IF NIFTY TRADES BELOW 5300 THEN LIKELY TO DIP DOWN TO 5255 AND ANY TRADE BELOW 5240 WOULD AGAIN DRAG NIFTY TO 5200 LEVELS, ANY CLOSE BELOW 5240 IS CONSIDERED TO BE WEAK. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5320 THEN LIKELY TO MAKE AN UP MOVE TO 5350 AND THEN TO 5400 ANY CLOSE ABOVE 5300 IS GOOD FOR THE MARKETS. WE MAY SEE POWER STOCKS TO GAIN MOMENTUM ALONG WITH PHARMA AND FERTILIZERS.

BUY HINDPETRO SL 464 TGT 480/496/513
BUY IDFC SL 178.5 TGT 183/187/189.8I
BUY DISH TV SL 46 TGT 49/50/51
BUY IOC SL 400 TGT 408/415/419
BUY ENIL SL 249 TGT 266/278/296
BUY ADVANTA SL 515 TGT 545/564/575
NOTE: BUY ONLY ABOVE THE CLOSING PRICE AND MAINTAIN STRICT STOPLOSS

INTRADAY TIPS FOR 30 JUNE 2010

GOOD MORNING!!!

WITH CHINEESE INDEX NOSE DIVING OUR MARKETS INCHED LOWER AND LOWER FROM THE LATE AFTERNOON TRADE ALONG WITH EUROPEAN SHARES TUMBLING. THE SELL-OFF ACROSS THE GLOBE HAS BEEN TRIGGERED BY OVER FOUR PERCENT CUTS IN THE CHINA'S BENCHMARK EQUITY INDEX (SHANGHAI COMPOSITE). THE BULLS LOOKED IN A DETRIMENTAL POSITION AS THE ENTIRE SECTORAL SPACE WAS DOMINATED BY THE BEARS. METAL, OIL & GAS AND REALTY SHARES WERE THE MAJOR LOSERS. BEARS COMPLETELY CAPTIVATED THE MARKETS RIGHT FROM THE INITIAL TRADE AND ADDING FUEL TO THE FIRE ALL THE OTHER MAJOR GLOBAL INDICIES STARTED DECLINING HAS SUPPORTED THE FALL AT EVERY LEVEL IN THE MARKET, THERE WAS GOOD SELLING SEEN ALL OVER THE INDICES, BEARS HAVE DOMINATED THE MARKETS OVER BULLS. OVERALL HEALTH OF THE MARKET TURNED WEAK WITH DECLINES MORE THAN ADVANCES.

TODAY MARKETS WOULD REMAIN NEGATIVE AND OPEN GAP DOWN AND TRADE BELOW 5240 LEVELS AND IF NIFTY TRADES BELOW 5240 LEVELS THEN LIKELY TO COME DOWN TO 5204 AND ANY TRADE BELOW 5200 IS LIKELY TO GET WEAKER AND NIFTY LIKLEY TO COME DOWN TO 5167 LEVELS. ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 5276 LEVELS MAY LIKELY TO MOVE UP TO 5300 LEVELS AND IF NIFTY TRADES ABOVE 5300 THEN MAY HEAD TOWARDS MUCH HIGHER ZONES WHICH IS REMOTE AT THIS STAGE.

SELL ICICI BANK SL 853 TGT 839/829/822
BUY PFC ABOVE 297 SL 295.4 TGT 299/303/305
BUY BPCL SL 620 TGT 642/651/659 (BUY AT LOWER LEVEL)
BUY JM FINANCIAL SL 34 TGT 39/41/43 (BUY AT LOWER LEVELS)

POSITIONAL TRADES
BUY TATACHEM TGT 360/385 (EVERY DIP IS A BUYING OPPORTUNITY)
BUY NATCOPHARM TGT 225/270
BUY BGRENERGY TGT 975
BUY AMARAJABAT TGT 200/215

INTRADAY TIPS FOR 29 JUNE 2010

GOOD MORNING!!!

RALLY IN HEAVYWEIGHTS IN THE SECOND HALF OF THE TRADE ALONG WITH STRONG EUROPEAN INDICES AND POSITIVE AMERICAN INDICES, MARKETS HAVE RALLIED EXCEPTIONALLY WELL WITH HANDSOME GAINS. AMONGST THE SECTORAL INDICES OIL AND GAS SPACE HOGGED THE LIMELIGHT YET FOR THE SECOND DAY ON THE EMPOWERED GROUP OF MINISTERS (EGoM) DECISIONS ON FRIDAY. CONSUMER DURABLES, REALTY AND POWER STOCKS WERE THE OTHER MAJOR GAINERS IN TRADE. TELECOM SHARES DESERVED SPECIAL MENTION AS THE SEGMENT BIGGIES RELIANCE COMMUNICATIONS (RCOM) AND IDEA SHOWED GOOD STRENGTH. RATE SENSITIVE BANKING STOCKS THAT LED THE MARKETS LOWER ON FRIDAY, OBSERVED SOME VALUE PICKING FROM INVESTORS AS CONCERNS ABOUT RATE HIKE BY THE RESERVE BANK OF INDIA (RBI) FOLLOWING THE PETROL PRICE DEREGULATION FADED OVER THE WEEKEND. MIDCAPS AND SMALL CAPS TOO HAVE IDENTICAL REPLICATION TO THE LARGE CAPS.

TODAY MARKETS LOOK RANGE BOUND. IF NIFTY TRADES ABOVE 5345 THEN LIKELY TO MOVE UP TO 5367 AND BREAK ABOVE THIS LEVEL WOULD TAKE NIFTY TO 5400 LEVELS AND ANY CLOSE ABOVE 5400 LEVELS WOULD TAKE NIFTY TO 5700 LEVELS SOON. ON THE DOWN SIDE IF NIFTY TRADES BELOW 5320 THEN LIKELY TO COME DOWN TO 5291 AND BREAK BELOW THIS LEVEL WOULD TAKE IT TO 5277 ANY CLOSE BELOW 5291 IS A WEAK CLOSING. WE EXPECT MANSOONS TO BE ABOVE THE EXPECTATIONS AND ANTICIPATE MARKETS TO GO TO NEW HIGHS OF THE YEAR.

BUY CROMPGREAV SL 263 TGT 269/273/276 (MEDIUM TERM TGT 300)
BUY CHENNPETRO SL 257 TGT 262/265/268
BUY DHANBANK SL 186 TGT 191/194/198
BUY MAXWELL INDS SL 21 TGT 22/23/24

POSITIONAL TRADES
BUY RELMEDIA TGT 275/315*
BUY EVERONN TGT 538*
BUY GTN INDS TGT 26/34/50**
BUY SINTEX TGT 350/400 **

INTRADAY TIPS FOR 28 JUNE 2010

GOOD MORNING!!!

KEY BENCHMARK INDICES SLUMPED TO INTRADAY LOWS FOLLOWING THE DECLINE IN EUROPE AND US STOCKS AND INDEX FUTURES. THE MAJOR TRIGGER IN THE MARKET WHICH WAS BEYOND THE EXPECTATION OF COMMON MAN WAS DECONTROLING OF OIL AND GAS PRICES. OIL AND GAS STOCKS SURGED LIKE A ROCKET SOON AFTER THE GOVERNMENT FREE PETROL PRICES IT IS ALSO SAID THAT GOVERNMENT WILL EVENTUALLY DECONTROL DIESEL PRICES TOO. AUTO SOME OF THE AUTO SHARES FELL ON WORRIES OF THE LATEST GOVERNMENT DECISION ON FUEL PRICE INCREASE. BANKING STOCKS TOO NOSE DIVED ON THE INFLATION CONCERNS OVER THE PETROL PRICE HIKE DECISION. ALL IN ALL THE MARKET BREADTH WAS WEAK.

TODAY MARKETS WOULD REMAIN NEGATIVE ON THE CONCERNS OF INFLATOR CONCERNS. TODAY IF NIFTY TRADES BELOW 5276 THEN LIKELY TO COME DOWN TO 5240 AND THEN TO 5204 AND BELOW 5200 ITS WEAKNESS WOULD PERSIST FURTHER AND ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5310 THEN LIKLEY TO MAKE AN UPMOVE TO 5354 AND THEN TO 5400 LEVELS. NIFTY ON THE POSITIONAL FRONT STILL REMAINS STRONG AND LIKLEY TO MAKE AN UPMOVE ANY POSITIVE TRIGGERS FROM MANSOONS WOULD TAKE NIFTY TO NEW HIGHS OF THE YEAR. ONE CAN SEE PETROLEUM STOCKS TO MOVE POSITIVE. PHARMA AND IT REMAINS BULLISH.

BUY HINDPETRO SL 397 TGT 410/421/438
BUY IOC SL 377 TGT 398/411/420
BUY BPCL SL 618 TGT 637/650/673
BUY AMTEKAUTO SL 177 TGT 180/183/186
BUY APIL SL 659 TGT 679/689/708
BUY MRPL SL 72 TGT 75//76.5/77.5
BUY ESSAR OIL SL 136 TGT 142/144/149

POSITIONAL TRADES
BUY SURYAPHARM TGT 226
BUY SUTLEJTEX TGT 208
BUY PROVOGUE @55 TGT 69
BUY CCL TGT 250/280
BUY MSP STEEL & POWER LTD @42.15 TGT 53/59
BUY PRECOT MERIDIAN LTD TGT 286
BUY GHCL @ 48.10 TGT 55/61
BUY SANWARIA AGRO OILS @ 45.90 TGT 58
BUY LUMAXIND TGT 355

INTRADAY TIPS FOR 25 JUNE 2010

GOOD MORNING!!!

MARKETS WITNESSED HIGH VOLATILITY IN THE LATE TRADE WITH TRADERS ROLLING THEIR POSITIONS FROM THE CURRENT MONTH TO THE NEXT MONTH CONTRACTS, WEAKNESS IN GLOBAL STOCKS CAUSED BY US FEDERAL RESERVES MORE DOWNBEAT LANGUAGE ON ECONOMIC GROWTH IN THE WORLDS BIGGEST ECONOMY WEIGHTED ON INVESTORS SENTIMENTS. BANKING, IT AND AUTO STOCKS FELL. VOLATILITY WAS VERY HIGH DURING INTRADAY, MARKET DIDN’T CONSIDER THE GLOBAL INDICIES EARLY IN THE MORNING AND MANAGED TO POST GAINS IN THE OPENING SESSION BUT COULD NOT WITHSTAND AS THE DAY WENT BY WITH EUROPE TURNING VERY NEGATIVE.

TODAY MARKETS WOULD BE NEGATIVELY BIASED AND RANGE BOUND AND WOULD LIVE IN A CONSOLIDATION PHASE, THE NEGATIVITY OF WORLD MARKETS WOULD SHOW SOME IMPACT ON OUR MARKETS. TODAY ONE IS ADVISED TO GO LONG IF NIFTY TRADES ABOVE 5350 THEN LIKELY TO MOVE UP TO 5373 AND BREAK ABOVE THIS POINT WOULD TAKE IT TO 5400 AND ANY CLOSE ABOVE 5400 WOULD TAKE NIFTY TO NEW HIGHS OF THE YEAR. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5224 THEN LIKLEY TO COME DOWN TO 5300 AND ANY BREAK BELOW THIS POINT WOULD DRAG NIFTY TO 5257 AND THEN BELOW THIS POINT 5204. KEEP A WATCH ON TEXTILES. ON THE MEDIUM TERM KEEP A LOOK AT PHARMA AND IT.

BUY HINDOILEXP SL 221.9 TGT 230/239/245
BUY NAGARCONST SL 192 TGT 195/197/200
BUY PIRHEALTH SL 142 TGT 145/147/149
BUY BANKINDIA SL 347.7 TGT 351/355/357.8
BUY BRFL SL 254 TGT 260/266/270 (MEDIUM TERM TGT 300/385)
BUY GODREJIND SL 169.7 TGT 174/179/182 (MEDIUM TERM TGT 200)

INTRADAY TIPS FOR 24 JUNE 2010

GOOD MORNING!!!

INDICES CLOSED MARGINALLY HIGHER AFTER A SEE-SAW MARKET, ALL THROUGH THE DAY MARKET MOVED BETWEEN POSITIVE AND NEGATIVE TERRAIN MARKET RECOVERED FROM AN INITIAL STEEP SLIDE TRIGGERED BY WEAK ASIAN STOCKS AND TOOK OFF FROM THE LOWS IN THE LATE AFTERNOON TO CLOSE MARGINALLY POSITIVE. STOCKS FROM COUNTERS LIKE REALTY, AUTO, HEALTHCARE, CONSUMER DURABLES AND STEEL STOCKS ROSE. VOLATILITY WAS VERY HIGH AS TRADERS ROLLED OVER POSITIONS IN THE DERIVATIVES SEGMENT FROM THE NEAR-MONTH JUNE CONTRACTS TO JULY CONTRACTS AHEAD OF THE EXPIRY. THE MARKET WEAKENED ONCE AGAIN IN MORNING TRADE. FED RATES REMAINED UNCHANGED.

TODAY MARKETS WOULD REMAIN HIGHLY VOLATILE ON THE VERGE OF EXPIRY, WE MAY SEE VERY STOCK SPECIFIC MOVES IN THE MARKET. TODAY IF NIFTY TRADES ABOVE 5350 THEN LIKELY TO MAKE AN UPMOVE UPTO 5373 AND ANY BREAK ABOVE THIS POINT WITH VOLUMES MAY TAKE NIFTY TO 5400 LEVELS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5298 ONLY THEN ONE CAN THINK OF SHORTING FOR A TARGET OF 5257 LEVELS AND ANY BREACH BELOW THIS LEVEL WOULD DRAG NIFTY TO 5204 LEVELS.

BUY VALECHAENG SL 187 TGT 196/203/211
BUY CAIRN SL 310 TGT 313/316/318 (MEDIUM TERM 340)
BUY AMTEKAUTO SL 168 TGT 173/178/181
BUY OPTOCIRCUI SL 241 TGT 244.8/248/250
BUY JAYSREETEA SL 286 TGT 293/299.9/304

NOTE: BUY ABOVE CLOSING PRICE