INTRADAY TIPS FOR 12 NOVEMBER 2010

GOOD MORNING!!!

THE MARKET PARED GAINS AFTER A FIRM START. IT REVERSED GAINS TO HIT FRESH INTRADAY LOWS IN MORNING TRADE. IT CUT LOSSES IN MID-MORNING TRADE. IT SLUMPED TO HIT FRESH INTRADAY LOWS IN EARLY AFTERNOON TRADE. IT REMAINED WEAK IN AFTERNOON TRADE. IT EXTENDED LOSSES TO HIT FRESH INTRADAY LOWS IN MID-AFTERNOON TRADE. IT FURTHER CONTINUED ITS DOWNWARD TREND TO HIT FRESH INTRADAY LOWS IN LATE TRADE. IT WAS MAINLY A CAUTIOUS MOVE BY INVESTORS AND INSTITUTIONS AHEAD OF THE OUTCOME OF MEETINGS OF G-20 WORLD LEADERS IN SOUTH KOREA. TELECOM, BANKING, IT, FMCG, REALTY AND CAPITAL GOODS STOCKS FELL. THE MARKET BREADTH TURNED WEAK FROM STRONG BREADTH SEEN EARLIER IN THE DAY. ALL THE SECTORAL INDICES ON EXCHANGE FELL.

TODAY MARKETS WOULD OPEN NEGATIVE TRACKING WEAK CLOSING OF NIFTY ON THE LAST DAY ALONG WITH NEGATIVE CLOSING OF US AND EUROPE MARKETS. TODAY IF NIFTY TRADES BELOW 6210 THEN IT WILL SLIDE DOWN TO 6176 AND BREAK BELOW THIS LEVELS CAN SEE NIFTY AT 6138 AND THEN TO 6100. ON THE UPSIDE IF NIFTY TRADES ABOVE 6240 THEN LIKELY TO MOVE UP 6260 AND BREAK ABOVE WOULD TAKE IT TO 6300. ONE IS ADVISED TO STAY CAUTIOUS ON UPSIDE, ONE IS ADVISED TO GO LONG ONLY IF NIFTY CLOSES ABOVE 6300 UNTIL THAN ONE CAN STAY SHORT. WE MAY SEE STOCK SPECIFIC MOVES.

BUY SYNDICATE BANK SL 151.7 TGT 154/155/157
BUY HIMATSINGKA SL 61.65 TGT 64.50/66.35/67.50
BUY LUPIN ABOVE 483 SL 479 TGT 488/492/500
BUY HIMACHAL FUTURIS SL 13.80 TGT 14.75/15.40/15.75**
BUY INDUSIND BANK ABOVE 296 SL 293.90 TGT 302/307/311
BUY TATA POWER SL 1404 TGT 1422/1433/1453
SELL CESC SL 393 TGT 388/386/384
NOTE: BUY THE ABOVE STOCKS ONLY IF THEY OPEN POSITIVE ELSE DON’T BUY

INTRADAY TIPS FOR 11 NOVEMBER 2010

GOOD MORNING!!!

MARKETS EDGED LOWER IN EARLY TRADE TRACKING MIXED ASIAN MARKETS . IT RECOVERED FROM THE DAY'S LOW IN MORNING TRADE. IT HIT FRESH INTRADAY HIGHS AFTER MOVING BETWEEN THE POSITIVE AND NEGATIVE TERRAIN IN MID-MORNING TRADE. IT SURGED TO HIT FRESH INTRADAY HIGHS AFTER SLIPPING INTO THE RED FOR BRIEF PERIOD IN EARLY AFTERNOON TRADE. IT ONCE AGAIN SLIPPED INTO THE RED AFTER HITTING FRESH INTRADAY HIGHS IN AFTERNOON TRADE. IT CUT SOME LOSSES IN MID-AFTERNOON TRADE. IT WEAKENED TO HIT FRESH INTRADAY LOWS AT THE FAG END OF THE TRADE. INDICES EDGED LOWER IN A CHOPPY TRADING SESSION WITH INDICES CLOSING NEAR THE DAY'S LOWS AS WEAK EUROPEAN STOCKS WEIGHED ON INVESTOR SENTIMENT. THE INDICES MOVED IN A NARROW BAND NEAR THE FLAT LINE. CAPITAL GOODS, FMCG AND METAL STOCKS FELL. BUT, CONSUMER DURABLES AND IT STOCKS ROSE. THE MARKET BREADTH WAS STRONG AS BUYING WAS WITNESSED IN MID CAP AND SMALL CAP STOCKS.

TODAY NIFTY WOULD BE RANGE BOUND AND NEGATIVELY BIASED. IF NIFTY TRADES BELOW 6296 THEN NIFTY LIKELY TO COME DOWN TO 6266 LEVELS AND BREAK BELOW THIS POINT WOULD LIKELY TO TUMBLE DOWN TO 6206 LEVELS. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 6326 THEN LIKELY TO MOVE UPTO 6348 LEVELS AND ANY BREAK ABOVE THIS LEVEL WOULD DRIFT HIGHER TO 6390 LEVELS ONE SHOULD AVOID BUYING NIFTY UNLESS IT BREACHES 6350 LEVELS TO BE SAFER. EVERY HIGHER LEVELS IS A GOOD BET FOR SHORTING ON INTRADAY TERMS KEEPING 6350 AS STOPLOSS. STAY CAUTIOUS IN THE MARKET.

BUY VIP INDS SL 698 TGT 729/750/781
BUY GE SHIPPING SL 387 TGT 398/404/409
BUY VALECHA ENGINEER SL 206.50 TGT 216/222/229
BUY ICSA SL 150 TGT 154.60/157/160
BUY TITAN SL 4118 TGT 4226/4348/4410

POSITIONAL TRADES
BUY KPIT CUMMINS 150/200
BUY BF UTILITIES TGT 1150/1340
BUY MLL TGT 100*
BUY APOLLO TYRES TGT 100
BUY SICAL LOGISTICS TGT 110
BUY GEODESIC TGT 180
BUY LAKSHMI ENERGY & FOODS TGT 100%
BUY JB CHEMICAL & PHARMA TGT 200/230*
BUY TATA MOTORS TGT 1500/1800*

INTRADAY TIPS FOR 10 NOVEMBER 2010

GOOD MORNING!!!

THE MARKET SURGED TO HIT DAY'S HIGH AFTER A WEAK START AS MOST ASIAN STOCKS REVERSED INITIAL LOSSES. PROFIT BOOKING EMERGED SOON AFTER EXTENDING INITIAL GAINS TO HIT FRESH INTRADAY HIGHS IN MORNING TRADE. IT REVERSED INITIAL GAINS TO HIT FRESH INTRADAY LOWS IN EARLY AFTERNOON TRADE. IT TRIMMED LOSSES IN AFTERNOON TRADE. IT RECOVERED SHARPLY TO REGAIN POSITIVE ZONE IN MID-AFTERNOON TRADE. IT EXTENDED GAINS IN LATE TRADE. IT WAS ALL IN ALL A VERY VOLATILE SESSION IN THE MARKET. CONSUMER DURABLES, REALTY, FMCG AND IT STOCKS ROSE. THE MARKET BREADTH WAS STRONG. STATE BANK OF INDIA SLUMPED 4.37% AFTER WEAK Q2 RESULT. CAPITAL GOODS STOCKS FELL.

TODAY MARKETS WOULD REMAIN VOLATILE AND RANGE BOUND. IF NIFTY TRADES ABOVE 6350 LIKELY TO MOVE UP TO 6380 AND THEN TO 6400 LEVELS ANY BREAK ABOVE 6400 LIKELY TO TAKE MARKETS TO MUCH HIGHER LEVELS. ONE IS ADVISED TO STAY CAUTIOUS AT EVERY HIGHER LEVEL THOUGH MARKET IS VERY POSITIVE. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 6318 THEN LIKELY TO DIP DOWN TO 6293 AND BREAK BELOW THIS LEVEL MAY TAKE SUPPORT AT 6270 LEVELS AND ANY BREACH BELOW THIS LEVEL WOULD TAKE NIFTY TO 6245 AND THEN TO 6216. ONE IS ADVISED TO STAY CAUTIOUS AS WE MAY LIKELY TO SEE MIDCAPS AND SMALL CAPS TO MOVE. IF NIFTY TRADES BELOW 6285 ON THE CLOSING BASIS ONE IS ADVISED TO MINIMIZE LONGS AND TRY TO ADD FEW SHORTS AS WELL.

BUY JETAIRWAYS SL 883 TGT 900/919/941
BUY LIC HOUSING SL 1391 TGT 1417/1438/1465
BUY NEHA INTERNATIONAL SL 224 TGT 236/244/249
BUY UB HOLDINGS SL 331.45 TGT 345/353/359
BUY SARADA ENERGY SL 315 TGT 325/333/344

POSITIONAL TRADES
BUY SUBEX TGT 120*

INTRADAY TIPS FOR 09 NOVEMBER 2010

GOOD MORNING!!!

THE MARKET JUMPED IN EARLY TRADE AND STARTED GIVING AWAY THE GAINS TO HIT FRESH INTRADAY LOWS IN MORNING TRADE. STOCKS STARTED GIVING AWAY THEIR GAINS. WEAKNESS CONTINUED IN EARLY AFTERNOON. THOUGH OBAMA VISIT WAS GOOD DIDN’T HAVE A POSITIVE IMPACT ON THE MARKETS. MARKETS WERE DOWN BY AFTERNOON TRADE AND WHEN THE PRIME MINISTER AND PRESIDENT GAVE A MEDIA PRESENTATION MARKETS STARTED RECOVERING AND HAVE RECOVERED TO THE MAXIMUM AND IT PROVED TO BE SHORT LIVED AND STARTED DECLINING SOON AFTER THAT AND COULDN’T HOLD THE RECOVERY. MARKET BREADTH WAS WEAK AND CLOSED IN A LOWER LOWS. THOUGH MARKETS WERE DOWN THERE WERE NO VOLUMES.

TODAY MARKETS MAY OPEN FLAT. MARKETS MAY BE VERY RANGE BOUND. IF NIFTY TRADES ABOVE 6311 THEN LIKELY TO MOVE UP TO 6328 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 6350 AND ANY BREAK ABOVE 6350 WOULD TAKE NIFTY TO 6398 LEVELS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 6278 THEN MARKETS LIKELY TO COME DOWN TO 6260 AND BREAK BELOW THIS LEVEL WOULD DRAG NIFTY TO 6240 LEVELS. ONE IS ADVISED TO EXIT LONG IT NIFTY CLOSES BELOW 6270 LEVELS AND STAY SHORT. THERE WOULD BE STOCK SPECIFIC MOVES, WE MAY SEE MID CAP STOCKS MOVING ALONG WITH SMALL CAPS.

BUY AMBUJA CEM SL 162 TGT 167/170/172.70
BUY BAJAJ HINDUSTAN SL 139 TGT 144/147/149
BUY JP ASSOCIATES SL 137 TGT 140.70/142.50/144
BUY MIRZA INTERNATIONAL SL 24.40 TGT 26/27/27.60 (SHORT TERM 35)*
BUY JUBL FOOD SL 614 TGT 650/660/677*
SELL SBI SL 3441 TGT 3410/3390/3371

POSITIONAL TRADES
BUY IFCI TGT 100

INTRADAY TIPS FOR 08 NOVEMBER 2010

GOOD MORNING!!!

MARKETS ON FRIDAY HIT ITS EVER HIGHS RECORDING HISTORY IN INDIAN MARKETS. WE HAVE SEEN POSITIVE TRADING IN ONE HOUR OF TRADE WITH SOME STOCKS SURGING AND MARKETS CLOSED POSITIVE. THE BREADTH OF THE MARKET REMAINED POSITIVE IN THE ENTIRE ONE HOUR OF TRADE.

TODAY MARKETS WOULD OPEN POSITIVE AND CONTINUE TO REMAIN POSITIVE AND WE MAY SEE NIFTY TO SURPASS NEW HIGHS AND RECORD FRESH HIGHS. THERE WOULD BE A VERY POSITIVE BUYING IN THE STOCKS. THERE ARE TOO MANY REASONS AS OF NOW TO SAY THE MARKETS MAY STILL STRECH FURTHER ON THE POSITIVE SIDE
(A) SUSTAINED BUYING FROM FOREIGN FUNDS
(B) GOOD Q2 RESULTS
(C) EASING FOOD INFLATION
(D) GLOBAL SENTIMENTS
(E) POSIITVE DRIVE OF OBAMA VISIT
CONSIDERING THE ABOVE FACTS WE MAY SEE INDICES TO INCLINE FURTHER AND ONE SHOULD REMEMBER THAT UNLESS AND UNTIL YOU SEE THE INDICIES TURNING NEGATIVE ONE SHOULD REMAIN LONG AS LONG AS THE TREND IS POSITIVE. TODAY IF NIFTY TRADES ABOVE 6326 LIKELY TO MOVE UP TO 6348 AND THEN LIKELY TO MOVE UP TO 6380 LEVELS AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 6400 LEVELS AND ANY CLOSE ABOVE 6350 IS CONSIDERED TO BE BULLISH AND ONE CAN REMAIN LONG, WE MAY SEE NIFTY TO REACH HIGHER HIGHS. ON THE NEGATIVE SIDE THERE IS HARDLY ANY SCOPE AS OF TODAY BUT ANY DECLINE IS A BUYING OPPORTUNITY IN NIFTY SO USE DOWNSIDE IN NIFTY AS OPPORTUNITY TO BUY.

BUY JPASSOCIATES SL 132.90 TGT 135/136/138
BUY FIRST LEASING SL 93 TGT 95.50/96.80/99
BUY DISH TV SL 69.90 TGT 71.75/73/74.80*
BUY GANDHIMATI APPLIANCES SL 123.40 TGT 129.60/134/140 (SHORT TERM155/180)**

POSITIONAL TRADES
BUY RUCHI SOYA TGT 155/170
BUY BINANI CEMENTS TGT 118/135*
BUY HINDUJA VENTURES LIMITED TGT 600
BUY UNITED SPIRITS TGT 1850/2075
BUY LICHSG TGT 1680/1900
BUY TATA MOTORS 1400/1600

INTRADAY TIPS FOR 05 NOVEMBER 2010

GOOD EVENING!!!

THE MARKET JUMPED IN EARLY TRADE ON FIRM ASIAN STOCKS. THE MARKET EXTENDED GAINS TO HIT FRESH INTRADAY HIGH IN MORNING TRADE. STOCKS REMAINED FIRM IN MID-MORNING TRADE AS EUROPEAN STOCKS JUMPED IN EARLY TRADE. THE MARKET EXTENDED GAINS IN LATE TRADE, INDICES SURGED TO THEIR HIGHEST LEVEL IN NEARLY 34 MONTHS AS STOCKS ROSE ACROSS THE GLOBE AFTER THE US FEDERAL RESERVE'S DECISION TO BUY $600 BILLION IN GOVERNMENT BONDS TO STIMULATE THE US ECONOMY. A RALLY IN COAL INDIA SHARES ON ITS DEBUT ON THE BOURSES, GOOD Q2 SEPTEMBER 2010 RESULTS, SUSTAINED BUYING BY FOREIGN FUNDS, AND DATA SHOWING EASING FOOD INFLATION IN LATE OCTOBER 2010, UNDERPINNED SENTIMENT.

TODAY MARKETS WOULD OPEN POSITIVE, TRACKING POSITIVE CLOSING OF US MARKETS AND GOOD CLOSING OF ASIAN INDICES. TRACKING ALL THE POSITIVE ISSUES IN AND AROUND GLOBE MARKETS WOULD EXTEND ITS GAINS AND HIT HISTORIC HIGHS FOR THE DAY. MARKETS TODAY WOULD SURPASS THE HIGHEST EVER FIGURES IN THE INDICES. TODAY IF NIFTY TRADES ABOVE 6310 THEN LIKELY TO MOVE UP TO 6330 AND BREAK ABOVE THIS LEVEL WOULD SEE NIFTY TO TOUCH 6350 LEVELS AND ANYTHING ABOVE THIS POINT WOULD TAKE TO 6362 LEVELS. ON THE NEGATIVE SIDE THERE IS HARDLY ANY SCOPE ONE IS SUGGESTED NOT TO GO SHORT UNTIL 6294 LEVELS.

BUY IFCI SL 73.80 TGT 75/76/77
BUY BPCL SL 763 TGT 766/768/772
BUY CHAMBAL FERT SL 93 TGT 95.45/96.50/97.25
BUY TITAN SL 3811 TGT 3837/3848/3867

INTRADAY TIPS FOR 04 NOVEMBER 2010

GOOD MORNING!!!

THE MARKET OPENED ON A POSITIVE NOTE TRACKING HIGHER ASIAN STOCKS. THE MARKET EXTENDED GAINS IN MORNING TRADE. STOCKS WERE VOLATILE; STOCKS CAME OFF HIGHS LATER AND FIRMED UP AGAIN IN MID-MORNING TRADE. THE MARKET ONCE AGAIN CAME OFF HIGHS LATER. THE MARKET REGAINED STRENGTH IN EARLY AFTERNOON TRADE. A BOUT OF VOLATILITY WAS SEEN IN MID-AFTERNOON TRADE AS THE INDICES SLIPPED TO THE DAY'S LOW ONLY TO REBOUND THEREAFTER. VOLATILITY RULED THE ROOST AT THE FAG END OF THE TRADING SESSION AS THE MARKET RECOVERED AFTER HITTING A FRESH INTRADAY LOW. GOOD Q2 SEPTEMBER 2010 RESULTS AND SUSTAINED BUYING BY FOREIGN FUNDS, SUPPORTED STOCK PRICES.

TODAY ONE OF THE MAJOR ISSUE IS LISTING OF COAL INDIA IPO WHICH WOULD CATCH THE ATTENTION OF LOT OF TRADERS. TRADERS CAN TRADE IN COAL INDIA TO MAKE DECENT RETURNS SINCE THE VOLATALITY WOULD TO THE CORE. TODAY WE MAY SEE NIFTY OPENING POSITIVE TRACKING ASIAN MARKETS, IF NIFTY TRADES ABOVE 6211 THEN LIKELY TO MAKE AN UP MOVE TO 6249 LEVELS AND ANY BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 6285 LEVELS AND ANY CLOSE ABOVE 6285 INDICATES THAT MARKET WOULD BREAK NEW HIGHS OF THE YEAR AND LIKELY TO MOVE UP MUCH HIGHER. ON THE NEGATIVE SIDE ONE IS ADVISED TO STAY CAUTIOUS AND IF NIFTY TRADES BELOW 6174 THEN LIKELY TO MAKE ITS MOVE DOWNSIDE TO 6140 AND BREAK BELOW THIS LEVEL WOULD TAKE IT TO 6104 AND ANY CLOSE BELOW 6140 IS CONSIDERED TO BE WEAK AND WILL CONTINUE TO BE UNDER PRESSURE IN THE DAYS AHEAD. ONE IS ADVISED TO STAY CAUTIOUS FROM HERE ON. STOCK SPECIFIC MOVES CAN BE VERY VIOLENT AND TRY TO PLAY IN THE STOCKS WHICH ARE FUNDAMENTALLY STRONG MIDCAPS AND WHICH HAVE NOT MOVED IN THE RECENT TIME. FERTILIZER STOCKS AND POWER STOCKS LOOKING GOOD.

BUY ICSA SL 146.90 TGT 151/154/157 (SHORT TERM 175/200)*
BUY CHAMBAL FERT SL 91.40 TGT 95.90/98.60/100*
BUY UNITED PHOS SL 205 TGT 208.80/210.25/212.60 (SHORT TERM 250)
BUY DISH TV SL 62.30 TGT 64.35/65.50/67.50

POSITIONAL TRADES
BUY VIP INDS TGT 800/900
BUY K SERA SERA PROD TGT 23/28