COMMODITY TIPS FOR 04 MAY 09

SELL CRUDE AROUND 2645 TGT 2601/2570 SL 2683

TIPS FOR 04 MAY 09

GOOD MORNING!

MARKET SENTIMENT REMAINS BULLISH, FOR TODAY MARKETS WILL BE POSITIVELY BIASED BE CAUTIOUS IN THE SELLING SIDE TRY TO BE ON THE POSITIVE SIDE OF THE MARKET FOLLOW THE TREND. MARKET IS EXPECTED TO GO UP TILL 3750 BEFORE THE DECLARATION OF THE RESULTS. NIFTY IF CROSSES 3520 WOULD TRIGGER IT MOVE TO 3555-3670 LEVELS. IT AND SUGAR SECTOR SEEN AS GOOD SPACE FOR BUYING FOR INTRADAY.

BUY RPOWER FUTURS SL 123 TGT 126/128/130
BUY BANKBARODA SL 329 TGT 340/345
BUY INFOSYS SL 1494 TGT 1540/1570
BUY UNITECH SL 43.10 TGT 46/48

TIPS FOR 29.04.09

MARKETS ON THEIR FINAL DAY OF EXPIRY OF THE CONTRACTS, IT WOULD REMAIN HIGHLY VOLATILE WITH NEGATIVE BIAS. EVEN IF THERE IS LITTLE BUYING SEEN INITIALLY MAY NOT SUSTAIN DURING THE DAY. BE EXTREMELY CAUTIOUS ABOUT TAKING POSITIONS, TRADE LESS AND WISE. NIFTY HAS STRONG SUPPORT AT 3317 AND RESISTANCE AT 3430. NIFTY IF BREACHES 3370 WE MAY SEE FURTHER UPSIDE TILL 3430 AND IF IT CLOSES ABOVE 3400 WE MAY SEE A RALLY FOR THE NEXT FEW SESSIONS AND IF NIFTY CLOSES BELOW 3300 THEN WE CAN SEE FURTHER DOWNSIDE BEFORE ANY UP MOVE IN THE MARKET.

BUY GMRINFRA FUTURES ABOVE 109 SL 107.4 TGT 112.3
BUY IDFC FUTURES AROUND 68 SL 66 TGT 70/71.5/73
BUY BRFL FUTURES ABOVE 167.5 SL 164.4 TGT 171/174
SELL MCDOWELL FUTURES 705 SL 711 TGT 685/676
SELL SBIN FUTURES BELOW 1234 SL 1251 TGT 1205/1191
SELL SIEMENS FUTURES BELOW 292 SL 296 TGT 286/283/280
SELL RELCAP FUTURES BELOW 490 SL 504 TGT 482/474/466

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