INTRADAY TIPS FOR 18 AUGUST 2010

GOOD MORNING!!!

INDICES HAVE MANAGED TO CLOSE FLAT AFTER TRADING ON A POSITIVE AND NEGATIVE TERRIAN FOR THE ENTIRE DAY. EARLIER IN THE DAY MARKET EDGED HIGHER IN EARLY TRADE AS US INDEX FUTURES ROSE THERE AFTER MARKET WAS VOLATILE. MARKET RECOVERED FROM NEGATIVE ZONE TO POSITIVE TRACKING FIRM EUROPEAN STOCKS AND US INDEX FUTURES. FMCG STOCKS ROSE. BUT, IT STOCKS FELL AS TEPID US CONSUMER DATA REIGNITED FEARS ABOUT SLOWER US GROWTH SINCE US IS THE BIGGEST MARKET FOR INDIAN IT FIRMS. BANKING STOCKS ROSE. THE MARKET BREADTH WAS NEGATIVE IN CONTRAST TO A STRONG BREADTH EARLIER IN THE DAY.

TODAY MARKETS LOOK POSITIVE ON THE POSITIVE OUT LOOK OF ASIAN MARKETS AND STRONG CLOSING OF US AND EUROPEAN MARKETS. TODAY IF NIFTY TRADES ABOVE 5440 THEN LIKELY TO MAKE AN UPMOVE TO 5470 LELVELS AND ANY BREAK ABOVE 5476 WOULD TAKE NIFTY TO 5490 LEVELS AND ANY TRADE ABOVE 5500 WOULD TAKE NIFTY TO 5560. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5419 THEN LIKELY TO COME DOWN TO 5397 LEVELS AND BREAK BELOW 5397 WOULD TAKE NIFTY TO 5360 LEVELS. STAY CAUTIOUS AT HIGHER LEVELS.

BUY ITC SL 159.65 TGT 160.8/162.2/162.85
BUY HIND PETRO SL 490 TGT 502.3/510/514.85*
BUY HAVELLS SL 809 TGT 834/851/872 (SHORT TERM 920)
BUY UNITED BREWERIES SL 354 TGT 373/385/394 (MEDIUM TERM 550/690)
BUY BANK OF BARODA SL 827 TGT 845/861/871 (SHORT TERM 922)
BUY IDBI SL 128 TGT 131/132.7/133.9 (SHORT TERM 137/150)
POSITIONAL TRADES
BUY IOC TGT 425/470
BUY CANARA BANK TGT 600/750
BUY UCO BANK TGT 130/175
BUY SAREGAMA TGT 150/180

INTRADAY TIPS FOR 17 AUGUST 2010

GOOD MORNING!!!

WEEK KICK STARTED WITH DOUBTS OVER GLOBAL ECONOMIC RECOVERY AND INDICES EDGED LOWER IN THE LATE TRADE. IT, REALTY AND METALS STOCKS FELL. THE MARKET BREADTH WAS WEAK, IN CONTRAST WITH A STRONG BREADTH EARLIER IN THE DAY. VOLATALITY WAS IMMENSE INITIALLY WITH THE TRADE RANGE BEING VERY NARROW, INDICES SWUNG BETWEEN GAINS AND LOSSES.AND LATER TURNED WEAK TRACKING EUROPEAN MARKETS AND US INDEX FUTURES WHICH EDGED LOWER. ALL IN ALL MARKET BREADTH TURNED WEAK IN THE LATE TRADE.

TODAY MARKETS WOULD OPEN FLAT AND REMAIN IN RANGE BOUND UNTIL THE BELOW MENTIONED LEVELS ARE SURPASSED. IF NIFTY TRADES ABOVE 5442 THEN LIKLEY TO MAKE AN UPMOVE 5470 LEVELS AND ANY BREAK ABOVE 5476 LEVELS MAY TAKE NIFTY TO 5490 LEVELS AND ANY CLOSE ABOVE 5490 MAY TAKE MARKET TO 5560 LEVELS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5393 THEN LIKELY TO COME DOWN TO 5365 LEVELS AND BREAK BELOW THIS LEVEL WOULD DRAG NIFTY FURTHER DOWNSIDE TO 5325 LEVELS AND ANY CLOSE BELOW 5320 MAY DRAG NIFTY FURTHER DOWNSIDE IN A VERY SHORT NOTE. STAY AWAY FROM NIFTY IF NIFTY CLOSES BELOW 5440 LEVELS.

BUY DISHTV SL 51 TGT 52.4/53/54
BUY WOCKHARDT LTD SL 187 TGT 200/210/215
BUY ENIL SL 241 TGT 253/262/275
BUY CUMMINS SL 712 TGT 729/739/755
BUY PROVOGUE SL 66.4 TGT 68/69.35/70
BUY IBN18 SL 102.7 TGT 106.8/109/110.7 (SHORT TERM 123)
POSITIONAL TRADES
BUY MANJUSHREE TGT 82/105

INTRADAY TIPS FOR 16 AUGUST 2010

GOOD MORNING!!!

MARKET OPENED FIRM ON FRIDAY AND HIT THE FRESH INTRADAY HIGHS AND LETER TRIMMED GAINS IN THE MID AFTERNOON AS INDEX HEAVY WEIGHT RELIANCE INDUSTRIES PARED GAINS, MARKET CAME OFF THE LOWER LEVEL IN THE LATE TRADE ON PROFIT TAKING ON THE WEEKEND. MARKET BREADTH WAS POSITIVE THOUGH IT GOT WEAKEND FROM THE STRONG BREADTH EARLIER IN THE DAY. STOCKS FROM REALITY, BANKING, IT AND CONSUMER DURABLE ROSE. SBI HAS PULLED THE MARKET FOR THE STRAIGHT SECOND DAY HITTING ITS LIFE HIGH. THE MAJOR CONCERN IN THE MARKET IN THE COMING DAYS WOULD BE FIIS AS THEY HAVE BOUGHT EQUITIES WORTH A NET OF 4016.02 CRORES TILL 12 AUGUST WHICH HAS ABSORBED SELLING TO THE TUNE OF 2348.35 FROM DOMESTIC FUNDS AND IN THE MONTH OF JULY THEY BOUGHT WORTH 8320.50 AND DIIS HAVE SOLD WORTH 6323.13 AND IN THE MONTH OF JUNE FII’S HAVE BOUGHT WORTH 7713.97 AND DII’S SOLD WORTH 4777.05 SO FOR THE PAST THREE MONTHS THEY WERE VERY AGGRESSIVE BUYERS IN THE MARKET. AND WHEN THEY START PROFIT BOOKING MARKETS MAY SEE A BAD PATCH.

TODAY MARKETS WOULD OPEN NEGATIVE IN THE OPENING BELL AND WOULD TRADE IN A RANGE BOUND. IF NIFTY TRADES 5450 THEN WOULD COME DOWN TO 5430 LEVELS AND ANY TRADE BELOW 5430 WOULD DRAG NIFTY TO 5400 AND ANY BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 5370 LEVELS. AND ON THE UPSIDE IF NIFTY TRADES ABOVE 5476 LEVELS THEN WOULD MOVE UP TO 5500 LEVELS AND ANY TRADE ABOVE 5500 LEVELS WILL TAKE NIFTY TO 5560 LEVELS. TRADE CAUTIOUSLY AT HIGHER LEVELS.

BUY KFA SL 52 TGT 56/57/58
BUY BOMBAY DYEING SL 654.7 TGT 689/709/723
BUY PATNI SL 511 TGT 540/562/573
BUY CENTURY TEXTILES SL 495 TGT 508/517/521*
BUY IBREAL SL 193 TGT 197.7/200/205 (SHORT TERM TGT 225)
BUY CAIRN SL 353 TGT 360/366/370 (SHORT TERM 450)

POSITIONAL TRADES
BUY KARNATAKA BANK TGT 210/240
BUY KPIT TGT 227

INTRADAY TIPS FOR 13 AUGUST 2010

GOOD MORNING!!!

THE MARKET CAME OFF THE LOWER LEVEL IN MORNING TRADE AS ASIAN STOCKS AND US INDEX FUTURES RECOVERED FROM INITIAL SHARP LOSSES. A BOUT OF VOLATILITY WAS WITNESSED IN MID-MORNING TRADE AFTER THE GOVERNMENT RELEASED INDUSTRIAL PRODUCTION DATA. A STRONG REBOUND WAS WITNESSED IN AFTERNOON TRADE. STRONG RESULTS FROM STATE BANK OF INDIA PROPELLED BUYING IN AFTERNOON TRADE, INDICES HIT A FRESH INTRADAY HIGH, AFTER MOVING IN A NARROW RANGE BOUND INDICES MANAGED TO CLOSE FLAT. THE LATEST INFLATION DATA SHOWED FOOD PRICE INDEX ROSE 11.40% IN THE YEAR TO 31 JULY 2010, WHILE THE FUEL PRICE INDEX CLIMBED 12.66%. FOOD INFLATION ACCELERATED FROM THE PREVIOUS WEEK'S ANNUAL RISE OF 9.53% WHILE FUEL INFLATION EASED FROM THE WEEK-AGO READING OF 14.26%. THE PRIMARY ARTICLES INDEX ROSE 15.66% COMPARED WITH THE PREVIOUS WEEK'S READING OF 14.36%. THE INDUSTRIAL OUTPUT ROSE 7.1% IN JUNE 2010 COMPARED WITH REVISED 11.3% RISE IN MAY 2010. MANUFACTURING GREW 7.3%, MINING SECTOR GREW 9.5%, CONSUMER GOODS SECTOR ROSE 8.3%, CAPITAL GOODS SECTOR EXPANDED 9.7% AND ELECTRICITY GENERATION ROSE 3.5%.

TODAY WE EXPECT MARKET TO TRADE RANGE BOUND, ONE HAS TO STAY CAUTIOUS FROM HERE ON AT EVERY LEVEL ON THE UPSIDE. IT LOOKS LIKE WE STRIVE HARD TO MAKE PEANUTS IN THIS MARKET ON THE UPSIDE BUT IF ONE IS STUCK IN ANY OF THE COUNTER MAY HAVE TO STAY INVESTED FOR LONG TIME TO GET OUT OF IT AND LOOSE LOT OF OPPORTUNITY AS WELL SO ADVISED ONLY TO GO LONG IN STOCK SPECIFIC COUNTERS. TODAY IF NIFTY TRADES ABOVE 5430 MARKET MAY MOVE UPTO 5450 LEVELS AND ANY UP MOVE FROM THERE ON MAY TAKE NIFTY TO 5476 AND ON THE DOWNSIDE IF NIFTY TRADES BELOW 5404 THEN LIKELY TO COME DOWN TO 5372 LEVELS AND ANY BREAK BELOW 5372 MAY TAKE NIFTY TO 5350 AND THEN TO 5320 LEVELS AND ANY CLOSE BELOW 5372 IS A WEAK CLOSING IN NIFTY.

BUY RECLTD SL 330 TGT 340/345/355
BUY GMR INFRA SL 61 TGT 62.5/63.6/64.25

POSITIONAL TRADES
BUY LIBERTY SHOES SL 101.5 TGT 125/140/200

INTRADAY TIPS FOR 12 AUGUST 2010

GOOD MORNING!!!

MARKET EDGED HIGHER AT THE ONSET OF THE TRADING SESSION AND LOST ITS GROUND LATER TRACKING WEAK ASIAN MARKETS AND THE LATE TRADING DECLINE HAS BEEN SUPPORTED TO THE FULLEST BY THE EUROPE AND US FUTURES WHICH FUTHER STRENGTHENED THE WEAKNESS IN THE MARKETS AND HIT INTRADAY LOWS IN THE AFTERNOON, MARKETS WERE VERY VOLATILE DURING THE ENTIRE DAY THERE HAS BEEN ONLY STOCK SPECIFIC MOVE IN THE MARKET. MARKET BREADTH WAS WEAK IN CONTRAST TO THE POSITIVE BREADTH EARLIER IN THE DAY. MARKETS HAVE ENDED IN A BAD PATCH ENCOURAGING THE BEARS. BEARS HAVE COMPLETELY TAKEN CONTROL OF BULLS AND LEFT NO CHANCE IN THE MARKET FOR ANY SPACE FOR THE BULLS. RBI’S DECISION ON LICENSES FOR THE BANKS TO THE EXISTING FINANCIAL SECTORS HAVE ENCOURAGED BUYING IN THIS COUNTER EVEN IN THE DECLINING MARKETS.

TODAY MARKETS WOULD OPEN NEGATIVE TRACKING THE WORST CLOSING OF AMERICAN AND EUROPEAN MARKETS AND NEGATIVE OPENING OF ASIAN MARKETS WHICH MAY CONTINUE THE DECLINING PHASE IN THE MARKETS. MARKETS MAY COMPLETELY BE IN THE CONTROL OF BEARS AS WE HAVE SEEN ALL THE SECTORAL AS WELL AS STOCKS SPECIFIC COUNTERS HAVE REACHED THE OVER BOUGHT REGEION AND NOW IT’S THE TIME FOR RETRACMENT IN THE MARKETS WE MAY SEE STOCKS TO COME DOWN TO FURTHER MOVE UP. WE MAY SEE TATA STEEL NUMBERS TO DISAPPOINT MARKETS TODAY THIS WILL ADD SOME MORE PRESSURE IN THE MARKETS NOT ONLY THIS BUT ALSO THE IIP NUMBERS WHICH ARE EXPECTED TO BE MUCH BELOW THE DOUBLE DIGIT WHICH IS VERY NEGATIVE WHEN COMPARED TO THE EARILER DATA. TODAY MARKETS WOULD OPEN NEGATIVE AND CONTINUE TO REMAIN IN THE NEGATIVE ZONE, IF NIFTY TRADES BELOW 5400 WE MAY SEE NIFTY TO DIRECTLY COME TO 5350 AND BREAK BELOW THIS LEVEL WE MAY SEE NIFTY TO FURTHER WEAKEN AND COME DOWN TO 5300 LEVELS AND ANY TRADE BELOW 5300 WOULD DRAGE NIFTY TO 5240 LEVELS IN A VERY SHORT SPAN OF TIME. WE SUGGEST YOU TO STAY AWAY FROM LONGS FOR THE DAY AS THE NEGATIVE OPENING WOULD BE SUPPORTED IN THE LATE TRADE BY IIP NUMBERS SO STAY CAUTIOUS AND DON’T TAKE LONG TRADES WHEN MARKET IS RETRACING EVERY RISE WOULD BE A SELLING OPPORTUNITY TAKING 5400 AS STOPLOSS.

BUY SREI SL 90 TGT 96/98/100 (SHORT TERM 110)*
BUY TATA COMMUNICATION SL 322 TGT 336/345/351 (SHORT TERM 370)
SELL DCHL 131 TGT 128.6/126.5/125
SELL TATA STEEL SL 528 TGT 510/498/489 (SHORT TERM 450)
SELL ABAN SL 863 TGT 845/831/821
POSITIONAL TRADES
BUY M&M FINANCIALS TGT 750/1000
BUY LIC HSG TGT 1200/1600
BUY RELIANCE CAPITAL 850/920
BUY HPCL TGT 525/588
BUY BPCL TGT 775/875
SELL ADANI ENTERPRISES SL 836 TGT 550/515
SELL GAIL TGT 400 (SHORT TERM)

NOTE:

1. ONE CAN RE-INITIATE BUY IN INTRADAY BUY CALLS IF IT AGAIN MOVES ABOVE STOPLOSS, PREFERABLY TAKE ABOVE RECOMMENDED BUY CALLS ON INITIAL DECLIEN ABOVE STOPLOSS

2. IN POSITIONAL TRADES SHORTS ARE TO BE TAKEN IN FUTURES

INTRADAY TIPS FOR 11 AUGUST 2010

GOOD MORNING!!!

MARKETS LOOSE ITS GROUND AFTER A STRONG START ON MONDAY AHEAD OF FEDERAL RESERVE POLICY. ALL THE GLOBAL STOCKS HAVE NOSE-DIVED WHICH HAS TRIGGERED THE MARKETS TO LOOSE ITS STRENGTH. . THE MARKET EDGED LOWER IN EARLY TRADE, TRACKING WEAK ASIAN STOCKS. THE MARKET CAME OFF THE LOWER LEVEL IN MORNING TRADE. THE MARKET MOVED IN A NARROW RANGE IN MID-MORNING TRADE. THE MARKET HIT A FRESH INTRADAY LOW IN EARLY AFTERNOON TRADE. THE MARKET EXTENDED LOSSES IN AFTERNOON TRADE AS CHINESE STOCKS SLUMPED STOCKS WERE VOLATILE. TATA MOTORS WAS THE STOCK WHICH HAS OUT PERFORMED IN THE MARKET, HOLDING THE MARKETS TO CERTAIN EXTENT ALONG WITH ICICI AND L&T. THE MARKET BREADTH WAS NEGATIVE IN CONTRAST TO A STRONG BREADTH EARLIER IN THE DAY.

TODAY MARKETS WOULD OPEN WEAK ON GLOBAL CUES AND CONTINUE TO REMAIN UNDER PRESSURE AS MARKETS ARE PURELY ON THE OVER BOUGHT REGION ONLY CONSOLIDATING AT FOREIGN FUNDS INFLOW IN THE INDIAN MARKETS. MARKETS HAVE TO COME DOWN TO FURTHER MOVE UPSIDE WHICH IS A HEALTHY SIGN FOR THE MARKETS IF NIFTY TAKES OFF FROM THE CURRENT POSITION TO NEW HIGHS IT MAY NOT WITH STAND AND WE MAY SEE MARKETS TO BREAK. IT NIFTY TRADES BELOW 5454 THEN LIKELY TO COME DOWN TO 5430 LEVELS AND BREAK BELOW 5430 WOULD TAKE NIFTY TO 5397 LEVELS AND ANAY BREAK BELOW THIS POINT WOULD TAKE IT TO 5357 LEVELS. ON THE POSITIVE SIDE ABOVE 5475 WOUD TAKE NIFTY TO 5499 LEVELS.

BUY GMRINFRA SL 59.4 TGT 60.9/61.7/62.6
BUY ADANI POWER SL 139.4 TGT 142.2/144/145.35
BUY FIRST LEASING SL 74 TGT 78/80/84
BUY IBREAL SL 185 TGT 189/194/197
BUY TITAN BIO-TECH SL 24 TGT 25/25.4/25.85 (MEDIUM TERM 28/31)
BUY ARIES SL 167 TGT 176/181/190

INTRADAY TIPS FOR 10 AUGUST 2010

GOOD MORNING!!!

INDICES SURGED TO 2-1/2-YEAR HIGHS AT THE FAG END OF THE TRADING SESSION ON THE FOLLOWING GROUNDS.
1. SOON AFTER REPORTS FILTERED IN THAT THE GOVERNMENT HAS EXEMPTED LISTED STATE-RUN FIRMS FROM A RULE THAT MANDATES A MINIMUM 25% PUBLIC SHAREHOLDING.
2. A FURTHER IMPROVEMENT IN SOUTHWEST MONSOON RAINS,
3. SUSTAINED BUYING BY FOREIGN FUNDS AND FIRM GLOBAL STOCKS. FOREIGN FUNDS BOUGHT EQUITIES WORTH A NET RS 2762.21 CRORE IN THE FIRST FIVE TRADING DAYS THIS MONTH, TILL 6 AUGUST 2010, ABSORBING SELLING OF RS 1129.62 CRORE FROM DOMESTIC FUNDS, AS PER DATA FROM THE STOCK EXCHANGES.
THE ABOVE POINTS HAVE UNDERPINNED SENTIMENTS IN THE MARKETS THEIR BY TRIGGERING THE MARKETS HIGHER. BANKING, REALTY, METAL AND CONSUMER DURABLES STOCKS WERE IN DEMAND. BUT, INDEX HEAVYWEIGHT RELIANCE

TODAY MARKETS WOULD OPEN FLAT AND REMAIN IN CONSOLIDATION AS INDICES ARE AT HIGHER LEVELS AND LIKELY TO HAVE GOOD RESISITANCE AT HIGHER LEVELS. ONE HAS TO BE VERY CAUTIOUS IN THE MARKETS AT THE CURRENT SITUATION AS INDICES ARE AT OVERBOUGHT REGION AND LIKELY TO RETRACE AT ANY GIVEN POINT IN TIME SO IT IS ADVISED TO STAY INVESTED ONLY 25% OF THE CAPITAL AND THAT TOO IN STOCK SPECIFIC COUNTERS. WE MAY SEE NIFTY TO FACE TOUGH RESISTANCE AT HIGHER LEVELS. ON INTRADAY BASIS IF FNITY TRADES BELOW 5500 THEN LIKELY TO COME DOWN TO 5470 AND BREAK BELOW THIS LEVEL WOULD COME TO 5450 LELVELS AND ANY BREAK BELOW THIS LEVEL IS CONSIDERED TO BE WEAK AND NIFTY CAN DRAG DOWN TO 5400 LEVELS AND IT IS EXPECTED THAT MARKET IS LIKELY TO COME DOWN FROM THIS PHASE. ON THE UPSIDE IF NIFTY TRADES ABOVE 5500 THEN LIKELY TO MAKE AN UPMOVE TO 5560 LEVELS. AND ONE HAS TO BEAR IN MIND NOT TO CAPTIVATE ON BUYING OPPORTUNITIES TRY TO GRAB THE OPPORTUNITY ON SELLING SIDE.

BUY UNITECH SL 89.4 TGT 92.5/94/96
BUY JUBLI. FOOD SL 460 TGT 483/495/508
BUY HIMACHAL FUTURIS SL 11 TGT 11.4/11.8/12
BUY ESSAR SHIPPING SL 125.8 TGT 136/143/146 (SHORT TERM 175)
BUY DCM LTD SL 104.7 TGT 111/114.7/118
BUY ARVIND MILLS SL 38.5 TGT 39.5/40.4/41 (SHORT TERM 45)

BUY BANK NIFTY PUTS OF STRIKE 10300/10400/10500 AND TAKE MIN 100% RETURN