INTRADAY TIPS FOR 15 SEPTEMBER 2010

GOOD MORNING!!!

MARKETS OPENED FIRM ONLY ON THE DATA SHOWING BUYING BY FOREIGN FUNDS ON MONDAY. MARKETS ROSE FOR THE STRAIGHT FOR THE STRAIGHT SIXTH DAY HITTING NEW HIGHS OF ALMOST 32 MONTHS, NIFTY HAS GONE UP BY 445 POINTS IN THIS CALENDAR MONTH. CONTINUOUS, SUSTAINED AND HEAVY BUYING BY FOREIGN FUNDS HAVE IGNITED RETAIL INVESTORS TO JOIN THE RALLY WHICH HAS PAVED WAY FOR NIFTY TO SCALE TO NEW HIGHS OF 32 MONTHS, IN THE PAST TWO TRADING SESSION FII’S HAVE BOUGHT IN HUGE QUANTITIES WHICH HAVE MADE RETAIL INVESTORS TO JOIN THE RALLY AND HUGE SHORT COVERINGS ALSO WERE UNWINDED TRACKING THE FIIS BUYING INTEREST. ANOTHER POSITIVE POINT IN THE MARKET WAS EASING OF INFLATION DATA WHICH HAS HELPED STOCKS TO INCH HIGHER. WE HAVE SEEN ONLY LARGE CAPS MOVING IN THE LAST TRADING SESSIONS AND WE HAVE ALSO WITNESSED SOME PROFIT BOOKING TAKING PLACE IN MIDCAPS AND SMALL CAPS. THOUGH MARKETS SCALED TO NEWS HIGHS THE BREADTH OF THE MARKET HAS WEAKENED.

TODAY MARKETS WOULD OPEN FLAT AND MAY REMAIN IN RANGE BOUND, EVERY SMALL UPSIDE WOULD TRIGGER PROFIT BOOKING AND WE MAY BE VERY NARROWLY RANGE BOUND ON THE UPSIDE UNTIL IT BREACHS 5834 LEVELS. IF NIFTY TRADES ABOVE 5834 THEN WE CAN SEE NIFTY TO GO UP TO 5868. ON THE DOWNSIDE IF NIFTY TRADES BELOW 5788 THEN WE CAN SEE NIFTY TO SLIDE DOWN TO 5765 AND TRADE BELOW 5765 LEVELS WOULD THEN TAKE NIFTY TO 5727. ONE HAS TO BE VERY CAUTIOUS ON THE UPSIDE THOUGH WE HAVE APPETITE ON THE UPSIDE IN FEW STOCK SPECIFIC COUNTERS THERE ARE MANY FRONT END STOCKS WHICH HAS REACHED THEIR PEAKS AND LIKELY TO DECLINE AT ANY POINT.

BUY RAMA NEWSPRINT SL 20 TGT 20.80/21.35/22.20
BUY DLF SL 338.90 TGT 343/345.90/349
BUY VGUARD SL 201 TGT 212/219/230
BUY VAKRANGEE SOFTWARE SL 246.7 TGT 259.9/268/282
BUY CESC SL 421.25 TGT 430/436/440

RISKY TRADERS CAN TAKE THESE OPTIONS WITHOUT STOPLOSS
BUY INFOSYS 2950 PA BELOW 38
BUY DISH TV 55 PA BELOW 0.75
BUY ICICI BANK 1060 PA BELOW 17
BUY SBI 3050 PA BELOW 64
BUY BANK NIFTY 11500 PE BELOW 90

INTRADAY TIPS FOR 14 SEPTEMBER 2010

GOOD MORNING!!!

FACTORS EFFECTING THE MARKETS ON LAST DAY WERE MAJORLY BECAUSE OF INDUSTRIAL PRODUCTION GROWTH, FIRM GLOBAL CUES, SUSTAINED BUYING INTEREST FROM FOREIGN FUNDS HAS ENDED THE DAY ON THE DOMESTIC BOURSES TO THE HIGHEST INTRADAY GAINS IN THE RECENT PAST. MARKETS STRUCK TO HIGHEST LEVELS NEARLY 32 MONTHS ALL THE SECTORAL INDICES ON THE EXCHANGE WERE TRADING IN GREEN AND WERER TRADING HIGHER. BANKING, REALITY, METAL, OIL AND GAS LEADING THE GAINS. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES SURGED. BANKING INCHING HIGHER EVERY DAY AND NOW SCALED TO THE NEW RECORD HIGH. INITIALLY MARKETS OPENED HIGHER ON THE ONSET AND CONTINUED ITS JOURNEY VERY STRONGLY TAKING THE INDICES INCH BY INCH ON A VERY STRONG NOTE WITHOUT GIVING ANY SCOPE FOR RETRACEMENT, THE MARKET HAS HIT FRESH INTRADAY HIGH IN AFTERNOON TRADE ON POSITIVE START FROM EUROPEAN MARKETS.

TODAY MARKETS WOULD OPEN FLAT AND CONTINUE TO REMAIN IN RANGE BOUND IF NIFTY TRADES ABOVE 5780 THEN LIKELY TO FACE RESISITANCE AROUND 5800 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5834. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5759 THEN LIKELY TO COME DOWN TO 5732 AND THEN TO 5706 ANY BREAK BELOW 5700 WOULD TAKE NIFTY TO 5636 LEVELS. STAY CAUTIOUS AT HIGHER LEVELS.

BUY AMBUJA CEMENTS SL 138.4 TGT 141.20/143.45/144.80 (SHORT TERM 175)
BUY JUPITER BIOSCIENCE SL 122.70 TGT 130/136/139
BUY HCL INFOSYS SL 130.50 TGT 136/139/141
BUY ORIENT PAPER SL 64.35 TGT 65.30/65.70/66.60 (SHORT TERM 75)*

POSITIONAL TRADES
BUY HINDALCO TGT 260

INTRADAY TIPS FOR 13 SEPTEMBER 2010

GOOD MORNING!!!

STOCKS WERE VOLATILE. THE MARKET INCHED HIGHER IN THE OPENING AND HAS HIT 31 MONTH HIGH ON THE INDICES AND STARTED GIVING AWAY ALL THE INTRADAY GAINS AND STARTED RECOVERING FROM MID AFTERNOON TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES MOVED INTO THE GREEN FROM RED. THE MARKETS AGAIN CUT GAINS, SOON AFTER HITTING A FRESH 31-MONTH HIGH IN LATE TRADE STILL MANAGED TO CLOSE ON A VERY POSITIVE NOTE. BANKING, REALTY, TEA, CONSUMER DURABLES AND CAPITAL GOODS STOCKS ROSE. DATA SHOWING SUSTAINED BUYING OF INDIAN STOCKS BY FOREIGN FUNDS AND GOOD MONSOON RAINS, UNDERPINNED SENTIMENTS. THE MARKET BREADTH WAS POSITIVE, HAVING WEAKENED FROM A STRONG BREADTH EARLIER IN THE DAY.

TODAY MARKETS LOOK POSITIVE ON GLOBAL CUES AND A POSITIVE IIP DATA ON FRIDAY WOULD IGNITE MARKETS IN THE OPENING TRADE, WE WOULD INCH HIGHER IN THE OPENING BELL AND CONTINUE TO REMAIN IN A RANGE BOUND ON POSITIVE BIAS. IF NIFTY TRADES ABOVE 5640 THEN LIKELY TO MOVE UP TO 5674 LEVELS AND BREAK ABOVE IT MAY TAKE NIFTY TO 5693 LEVELS WHICH WILL ACT AS A TOUGH RESISTANCE ANY CLOSING ABOVE THIS POINT WOULD SEE FURTHER INCLINE IN NIFTY TO 5776. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5622 THEN WE MAY SEE NIFTY TO DIP DOWN TO 5592 AND BREAK BELOW THIS LEVEL WOULD TAKE FURTHER DOWN TO 5557 LEVELS ANY CLOSE BELOW 5592 WE CAN CONSIDER NIFTY TO BE WEAK. STRONG IIP NUMBERS, POSITIVE CLOSING OF AMERICAN MARKETS, POSITIVE START OF ASIAN INDICES, SUSTAINED BUYING INTEREST FROM FOREIGN INVESTORS GOOD MONSOONS RAINS ARE THE KEY FACTORS IN MARKETS ON THE POSITIVE FRONT, ONE HAS TO REMEMBER THAT ANYTIME WHEN MARKET IS MOVING IT TAKES ALL FRONT END STOCKS TO THE NEW HIGHS AND CONSOLIDATES THEN WE SEE AN UPMOVE IN MIDCAPS AND THEN LASTLY IN THE SMALL CAPS WHEN THE SMALL CAPS GIVES A RUN UP IT IS A HINT TO AN INVESTOR TO STAY AWAY FROM MARKETS AS WE MAY SEE A WAVE OF DECLINE SO WHEN YOU SEE SMALL CAPS RUNNING UP HIGHER THEN IT IS ADVISED TO STAY AWAY FROM THE MARKETS AND ESPECIALLY FROM THE PENNY STOCKS AS YOU WONT GET THE VALUE FOR IT , IF YOU HAVE ANY GOOD FUNDAMENTALLY STRONG COMPANY IN YOUR HAND THEN EVEN IN THE DECLINE WE MAY SEE IT TO INCH HIGHER ON FAST TRACK SO ADVISED TO STAY AWAY FROM PENNY STOCKS AT THE CURRENT LEVELS. FERTILIZERS, BANKING, CEMENTS AND PHARMA STILL LOOKS GOOD ON CHARTS.

BUY PAREKH ALUMINIUM SL 495.7 TGT 522/542/571
BUY BANK OF INDIA SL 487.70 TGT 499/509/518
BUY GODREJ IND SL 242.40 250/254/262
BUY VOLTAS SL 226 TGT 230/234/237*
BUY FEDERAL BANK SL 371 TGT 376/378.65/381.5 (SHORT TERM 425)
POSITIONAL TRADES
BUY ULTRATECH CEMENTS TGT 1150/1265

INTRADAY TIPS 09 SEPTEMBER 2010

GOOD MORNING!!!

INDICES RECOVERED FROM LOWER LEVEL, REGISTERING SMALL GAINS IN NIFTY. INDIAN STOCKS OUTPERFORMED GLOBAL EQUITIES, WHICH FELL ON RENEWED CONCERNS ABOUT THE HEALTH OF EUROPEAN BANKS. IT STOCKS AND REALTY STOCKS ROSE, REVERSING INITIAL LOSSES WHILE AUTO, FMCG AND CAPITAL GOODS STOCKS FELL. MARKET OPENED LOWER AT THE ONSET OF THE TRADING SESSION ON WEAK ASIAN STOCKS. THE MARKET MOVED IN A NARROW BAND IN MORNING TRADE AND HIT INTRADAY LOW IN MID-MORNING TRADE. THE INTRADAY RECOVERY GATHERED STEAM AS THE KEY BENCHMARK INDICES MOVED INTO POSITIVE ZONE IN EARLY AFTERNOON TRADE. THE MAJOR CONCERN OVERALL IN THE GLOBAL MARKETS IS WORRIES ABOUT EUROPE'S BANKS HAVE RESURFACED AFTER THE WALL STREET JOURNAL ON TUESDAY REPORTED THAT STRESS TESTS OF EUROPEAN BANKS EARLIER THIS YEAR UNDERSTATED SOME LENDERS' HOLDINGS OF POTENTIALLY RISKY GOVERNMENT DEBT. THIS HAS HIT THE SENTIMENT OF THE INVESTORS.

TODAY MARKETS WOULD OPEN POSITVE AND MAY REMAIN IN A POSITIVE ZONE UNTIL NIFTY TRADES ABOVE 5593 LEVELS AND MAY FACE RESISTANCE AROUND 5625 AND BREAK ABOVE THIS POINT WOULD LEAD NIFTY TO 5648 AND MARKETS ARE HEADING TOWARDS 5700 LEVELS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW5593 IT WOULD DRAG NIFTY TO 5575 LEVELS AND BREACH BELOW THIS POINT WOULD TAKE NIFTY TO 5557 AND THEN TO 5540 LEVELS AND ANY CLOSE BELOW 5540 WOULD CONVERT NIFTY INTO A NEGATIVE ZONE AND MAY PULL DOWN FURTHER ON RETRACEMENT FACTOR. LONG TERM STILL LOOKS POSITIVE AND WE WOULD STILL DO BETTER IN THE LONGER TERM PERSPECTIVE WE HAVE A GOOD GROWTH STORY AHEAD. WE HAVE SEEN BREAKOUT IN SUGARS AND CEMENT SECTOR.

BUY BIRLA ERICSSON SL 28.4 TGT 30.65/31.60/33.25 (SHORT TERM 45/58)
BUY MTNL SL 65 TGT 66.50/67.60/68.30 (SHORT TERM 76/87)**
BUY CORE PROJECTS SL 296 TGT 304.5/310/318.70*
BUY SUVEN LIFE SCIENCE SL 31.8 TGT 33.30/34.15/35

POSITIONAL TRADES
BUY SBIN TGT 3250/3600
BUY DR REDDY TGT 1550

INTRADAY TIPS FOR 08 SEPTEMBER 2010

GOOD MORNING!!!

KEY INDICES CAME OFF HIGHS AFTER HITTING NEW 31 MONTH HIGHS IN THE LATE TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES FELL. VOLATALITY WAS VERY HIGH ON THE BOURSES. INTEREST RATE SENSITIVE BANKING AND REALTY STOCKS FELL AHEAD OF A MONETARY POLICY REVIEW BY THE CENTRAL BANK ON 16 SEPTEMBER 2010. IT, METAL, CEMENT STOCKS ROSE. MARKET BREADTH WAS STRONG IN THE OPENING OF TRADE IN COMPARISION TO THE END OF THE SESSION. MARKETS STILL MANAGED TO CLOSE ON A POSITIVE NOTE AND THE STRUCTURE OF THE MARKETS STILL CONTINUE TO LOOK BULLISH.

TODAY MARKETS LOOK NEGATIVELY BIASED ON THE NEGATIVE CLOSING OF AMERICAN MARKETS AND WEAK OPENING OF ASIAN MARKETS. ALMOST ALL THE GLOBAL INDICES ARE TRADING IN NEGATIVE ZONES. TODAY, IF NIFTY TRADES BELOW 5575 THEN LIKELY TO MAKE 5560 LEVELS AND BREAK BELOW THIS POINT WE MAY SEE NIFTY TO DRAG DOWN TO 5514 LEVELS. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5600 THEN WE CAN SEE NIFTY TO TOUCH 5700 IN A VERY SHORT TIME. STOCK SPECIFIC MOVES CAN BE SEEN AND BE WITH THE TREND. CEMENTS HAVE GIVEN A BREAK OUT.

BUY UTTAM GALVA STEEL SL 162 TGT 172/179/182
BUY ACC SL 957 TGT 983/999/1009
BUY ULTATECH SL 988 TGT 1018/1031/1059

INTRADAY TIPS FOR 07 SEPTEMBER 2010

GOOD MORNING!!!

INDICES JOINED RALLY OF GLOBAL STOCKS AND ROSE TO 31 MONTHS HIGH, THE MAJOR TRIGGERS IN THE MARKETS WERE
· US BETTER THAN EXPECTED US PAYROLLS DATA EASED MARKET ANXIETY OVER CHANCES OF DOUBLE DIP RECESSION IN THE WORLD BIGGEST ECONOMY.
· CONTINUAL AND SUSTAINED BUYING FROM FOREIGN FUDNS
· GOOD MONSOON RAINS
ALL THE ABOVE THREE FACTORS HAVE LIFTED THE SENTIMENT OF THE INVESTORS AND IGNITED THE MARKETS TO THE NEW HIGHS OF MORE THAN TWO AND HALF YEARS. THE RALLY HAS COVERED ALL THE SECTORS AND THERE WAS VERY GOOD BUYING SEEN IN ALL THE COUNTERS. INITIALLY MARKETS SURGED IN THE OPENING OF THE TRADE AND STARTED MOVING AT A CONSTANT PACE TOWARDS NORTH AND THERE WAS ABSOLUTE BUYING SEEN IN ALL THE COUNTERS. THOUGH INFLATION WAS LITTLE HIGHER THE DATA DIDN’T DISAPPOINT ANYTHING IN THE MARKETS. THE MARKET BREADTH IN THE OPENING WAS STRONG AND CONTINUED TO GET STRONGER AS THE DAY PROGRESSED AND CLOSED AT A VERY POSITIVE NOTE.

TODAY MARKETS WOULD OPEN POSITIVE AND REMAIN RANGE BOUND TILL NIFTY IS BELOW 5600 LEVELS ONE CAN SEE NIFTY TO TRADE RANGE BOUND AS LONG AS NIFTY IS BELOW 5600 LEVELS, IF NIFTY TRADES ABOVE 5600 WE CAN SEE NIFTY TO MOVE TO 5700 IN A VERY SHORT NOTE ANY LEG OF BUYING FROM HERE ON WOULD FORCE THE BEARS TO COVER THEIR SHORTS THEREBY IGNITING THE MARKETS TO SHOOT UP TO 5700 LEVELS. ONE HAS TO BE VERY CAUTIOUS IN THE MARKET BUT BE WITH THE TREND. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5570 WE MAY SEE A LITTLE DECLINE TILL 5547 LEVELS AND BREAK BELOW THIS POINT WOULD TAKE DOWN TO 5510 LEVELS.

BUY CEAT SL 188 TGT 195/200/206
BUY VOLTAS SL 216 TGT 219.60/221.40/224.50
BUY STERLING BIOTECH SL 114.4 TGT 118.25/120.25/123
POSITIONAL TRADES
BUY KINGFISHER 85/93
BUY BEML TGT 1400/1500*
BUY ISPAT INDS TGT 23*

INTRADAY TIPS FOR 06 SEPTEMBER 2010

GOOD MORNING!!!

SELLING PRESSURE CONTINUED AFTER A POSITIVE START IN THE MARKET ALMOST ALL THE OPENING GAINS HAVE BEEN WIPED OFF SLOWLY AND ENTERED INTO A NEGATIVE TERRITORY AND THEN IN THE AFTERNOON WE HAVE SEEN A FAST RECOVERY THOUGH COULD NOT BREAK INTRADAY HIGHS BUT MANAGED TO INCH UP HIGHER BUT AT THE FAG END OF THE TRADING SESSION MARKETS FELL ON PROFIT BOOKING NOTE AHEAD OF WEEKEND AND MARKETS MANAGED TO CLOSE ALMOST FLAT TO NEGATIVE. THERE WAS GOOD BUYING SEEN IN IT AND FERTILIZERS STOCKS.

TODAY MARKETS WOULD OPEN POSITIVE TRACKING POSITIVE CLOSING OF EUROPEAN & AMERICAN INDICES ON FRIDAY AND A POSITIVE START IN ASIAN INDICES WOULD HELP NIFTY TO OPEN ON A POSITIVE NOTE. IF NIFTY TRADES ABOVE 5490 THEN LIKELY TO MAKE AN UP MOVE TO 5510 LEVELS AND BREAK ABOVE THAT POINT WOULD TAKE IT TO 5545 LEVELS AND ANY BREAK ABOVE THIS POINT WOULD TAKE IT TO 5560 WHICH WOULD ACT AS A TOUGH RESISTANCE AND ANY BREAK AND CLOSE ABOVE THIS POINT WOULD TAKE NIFTY TO FURTHER NEW HIGHS AND THERE IS EVERY POSSIBILITY THAT THERE WOULD BE LOT OF SHORT UNWINDING TO TAKE PLACE SO BE CAUTIOUS ABOVE 5560 LEVELS ON THE SHORT SIDE. ON THE NEGATIVE SIDE OF MARKET IF NIFTY TRADES BELOW 5474 WE MAY LIKELY TO SEE NIFTY TO COME DOWN TO 5438 AND THEN TO 5414 LEVELS AND ANY CLOSING BELOW 5450 IS CONSIDERED TO BE BEARISH IN A VERY SHORT TERM.

BUY BOSCH LTD SL 6267 TGT 6440/6553/6610 (SHORT TERM 7330)*
BUY HOTEL LEELA SL 54.6 TGT 55.90/56.60/57.80 (SHORT TERM 69)*
BUY KINGFISHER AIRLINES SL 63 TGT 64.25/65.50/66.15
BUY ESCORTS SL 214.3 TGT 220/224/227.9

POSITIONAL TRADES
BUY TV18 TGT 118
BUY TALWALKAR TGT 300
BUY VENKYS (I) TGT 1150/1400