COMMODITY TIPS FOR 28.04.09

SELL CRUDE AROUND 2480-2485 TGT 2445/2410 SL 2510

TIPS FOR 28.04.09

MARKET EXPECTED TO BE HIGHLY VOLATILE AS THIS BEING THE SETTLEMENT WEEK FOR FNO. AS EXPECTED MARKET DIDNT CROSS 3530 YESTERDAY AND THIS BEING THE STRONG RESISTANCE ONE CAN GO SHORT WITH 3530 AS STOPLOSS EVERY RISE CAN BE USED AS AN OPPORTUNITY FOR SHORTING WITH STRICT STOPLOSS OF 3530. THOUGH MARKET DOESNT LOOK WEAK, BUT AT EVERY HIGHER LEVEL THERE IS PROFIT BOOKING TAKING PLACE SO MARKET IN THIS SETTLEMENT MAY NOT CROSS 3450 UNLESS IT IS SUPPORTED BY HUGE BUYING WHICH HAS BEEN SEEN IN THE PAST THREE WEEKS. BE EXTREAMLY CAUTIOUS AS THE MAREKT WOULD REMAIN HIGHLY VOLATILE BUY STRONG STOCKS AND SELL WEAK STOCKS DONT EXIT IN PANIC AS YOU WILL WITNESS ALL THE STOCKS TO BE RANGEBOUND.

SELL GRASIM AROUND 1782 SL 1808 TGT 1775/1737/1703

SELL GRAMMONIND BELOW 78 SL 80 TGT 76.2/74.75

SELL HINDOILEXP FUTURES BELOW 82 WITH SL 84.6 TGT 78/76

BUY IBREALEST ABOVE 130 SL 125 TGT 136/139

BUY LICHSNFIN ABOVE 340 SL 337 TGT 345/349

BUY GTL FUTURES ABOVE 253 SL 250 TGT 259

TIPS FOR 27.04.09

THOUGH MARKET SEEMS TO BE IN THE BULLS HANDS COMPLETELY YET AGAIN SHORT SELLERS ARE TRAPPED. STILL ONE SHOULD TRADE VERY CAUTIOUSLY BECAUSE PRESENT RALLY CAN TAKE A BREATH ANYTIME AND OVERSEAS MARKETS ARE ALSO FACING RESISTANCE AT HIGHER LEVELS SO THIS MAY ADD FUEL THE FIRE AT ANY POINT OF TIME , NOW NIFTY ABOVE 3530 WILL TAKE MARKET TO 3670-3750 (WHICH MAY NOT BE RULED OUT). TODAY'S MARKET MAY TAKE LITTLE RETRACEMENT AND MAY PULL BACK IF BULLS TAKE AN UPPER HAND SO PLAY VERY SAFE WITH STRICT STOPLOSS

BUY ROLTA ONLY ABOVE 82 SL 79.9 TGT 85/88

BUY M&M ONLY ABOVE 477 SL 464 TGT 495/504

BUY SESAGOA ONLY ABOVE 126 SL 122.75 TGT 129/132

BUY MCDOWELL ABOVE 733 SL 719.90 TGT 750/775

SELL RELCAP BELOW 555 SL 562 TGT 547/536/530

SELL CENTURY TEXTILES BELOW 235 SL 238.60 TGT 230/224/220

SELL PNB BELOW 520 SL 523 TGT 507/498/591

Trading Tips for 24.04.09

Markets are running in a very crucial phase be cautious as nifty and sensex at their resistances, break above 3400 on closing basis would take the market to 3700-3770. Today market would be very volatile if manages to break 3400 and trades above it may move up further with short coverings. Though the market sentiment is positve one cannot rule out a nose dive in nifty if any negative results crops-in so be cautious on the longer sides till the nifty trades above 3400.
Buy TCS above 570 Sl 563.30 Tgt 579/588
Buy Aptech above 98 Sl 94.30 Tgt 102/106
Buy Tatamotors around 245-246 Sl 239 Tgt 259/263/270 (Positional)
Buy GVKPIL above 27.50 Sl 25.75 Tgt 34 (Positional)
Sell Torant Sl 101.30 Tgt 94/89/83
Sell Dabur below 106 Sl 107.10 Tgt 103
Sell Amtekauto Below 107 Sl 109 Tgt 105/98/93

COMMODITY TIPS 23.04.09

Bye Gold around 14350 Tgt 14440 /14510 Sl 14265
Buy Crude around 2490 Tgt 2525/2548 Sl 2460

INTRADAY TIPS FOR 23.04.09

Market expected to be very wild please be cautious maitain strict stoploss for the day. RIL is going to announce its quarterly results much of the market movement will be based on its performance. Overall market is showing negative signs if market breaches 3280 then expect market would come down further down and if nifty stays above 3360 then we can expect upward move for the day to 3400 to 3420.
Buy ACC Futures above 640 Tgt 649 Sl 634
Buy Rpower Futures above 126 Sl 123.90 Tgt 129.7
Buy Suzlon Futures above 62 Sl 58.90 Tgt 68/72
Sell Unitech 48 Sl 49.10 Tgt 44.50/42.6
Sell HCLTech Futures 126 Sl 128.60 Tgt 121
Positional trade Buy Allied Digital in todays trade with stoploss of 239 for a target of 350 (7 trading days)

COMMODITY TIPS FOR 22.04.09

BUY CRUDEOIL AROUND 2445 TGT 2485/2520 SL 2412
BY GOLD AROUND 14310 TGT 14425/14480 SL 14260