INTRADAY TIPS FOR 13 MAY 09

GOOD MORNING!

MARKETS YESTERDAY MOVED UP WITH STRONG NOTE, MARKETS NOT ONLY MOVED UP BUT ALSO POSTED STRONG VOLUMES WHICH INDICATES FURTHER UPMOVE. BUT WOULD STILL ADVICE TO STAY CAUTIOUS HEDGE YOUR POSITIONS WITH ATLEAST 20% OF YOUR CAPITAL. ALL THE GLOBAL MARKETS ARE ALSO FAVOURING THE MARKET, NOT TO FORGET THE SCENARIO OF INDIAN MARKET THEY WOULD CHANGE IN A MATTER OF HOURS AS WE ARE VERY NEAR TO THE ELECTION RESULTS SO IT IS GOING TO BE HIGHLY VOLATILE SO BE VERY VERY CAUTIOUS IN HOLDING POSITIONS.

FOR TODAY MARKET WOULD OPEN POSITIVE AND WOULD REMAIN IN POSITIVE ZONE. IF TRADED ABOVE 3717 THEN MAY TAKE THE INDEX TO 3740-3770 AND IF NIFTY BREACHES 3660 MAY SEE A DECLINE TILL 3620 DONT SHORT ANYTHING ABOVE 3550 MARKETS ARE LOOKING STRONG FOR NOW SO FOLLOW THE TREND.

BUY AXISBANK AROUND 662.80 SL 633 TGT 675/684
BUY BAJAJHIND AROUND 109.75 SL 108 TGT 114/119
BUY CESC ABOVE 254 SL 249.5 TGT 258.90/267.8
BUY FEDERAL BANK AT 178.50 SL 174.50 TGT 183/187
BUY HDFC ABOVE 1851 SL 1829 TGT1885/1896
BUY MARUTI ABOVE 867 SL 855 TGT 878/886

INTRADAY TIPS FOR 12.05.09

GOOD MORNING!

MARKETS IN THE LAST DAY WE HAVE WITNESSED SELLING WITH HEAVY VOLUMES . THE OPEN INTREST IN FEW STOCKS FUTURES HAVE SHED AND IF THIS CONTINUES FOR ANOTHER COUPLE OF DAYS THEN WE CAN WITNESS SOME GOOD AMOUNT OF SHORTS BUILT UP IN THE MARKET. GLOBAL MARKETS HAVE STARTED DECLINING AFTER A GOOD RALLY SO IF OUR MARKETS CONTINUOUS TO BLEED FOR ANOTHER COUPLE OF DAYS THEN THE GLOBAL SCINARIO WILL ADD FIRE TO THE FUEL.

FOR TODAY MARKET WOULD REMAIN HIGHLY VOLATILE WITH NEGATIVE BIAS. REMAIN SHORT IN NIFTY WITH STOPLOSS 3690. SUPPORT FOR NIFTY SEEN AT 3500-3460-3400 IF NIFTY BREACHES 3515 ONE CAN INITIATE FRESH SHORT IN THE MARKET AVERAGE SHORT POSITIONS.

BUY AXIS BANK ABOVE 618 SL 606 TGT 634
BUY SESAGOA ABOVE 135.50 SL 134 TGT 141/144
BUY JSWSTEEL ABOVE 416 SL 410 TGT 430/439
BUY BALRAMPUR CHINI ABOVE 78 SL 76.70 TGT 79.40/81
SELL SBI BELOW 1260 SL 1274 TGT 1242/1222
SELL SAIL BELOW 119 SL 122 TGT 116/112
SELL TATAMOTORS BELOW 257 SL 263 TGT 243/239
SELL DLF BELOW 250 SL 255 TGT 241/235

INTRADAY TIPS FOR 11 MAY 09

GOOD MORNING!

MARKETS ARE IN THE CRUCIAL PHASE AND ARE AROUND THE CRUCIAL SUPPORTS LEVELS. TODAY MARKETS MAY BE VOLATILE WITH NEGATIVELY BIAS, IF NIFTY PLUNGES BELOW 3580 WITH VOLUMES JUST EXIT 75% OF YOUR HOLDINGS IT IS AN INDICATION FOR FURTHER DOWNSIDE NIFTY MAY TOUCH 3500-3400, ABOVE 3580 LEVEL MARKET MAY HOLD AND GO FURTHER UPSIDE, STAY IN THE MARKET BASED ON THESE LEVELS

BUY PRAJINDS 76.50 SL 74.35 TGT 77.9/79
BUY WELSPUN GUJ FUTURES ABOVE 115 SL 110.40 TGT 119/122
BUY PROVOGUE(I) AT CMP SL 37.4 TGT 41/45
SELL RELINFRA BELOW 766 SL 778 TGT 751/742
SELL BHEL BELOW 1650 SL 1666 TGT 1632/1621
SELL MCDOWELL BELOW 660 SL 680 TGT 620/601

TEA STOCKS, SHIPPING AND SUGARS ARE LOOKING STRONG

INTRADAY TIPS FOR 08.05.09

MARKET LOOKS HIGHLY VOLATILE TODAY THE VOLATALITY INDEX IN THE MARKET IS VERY HIGH. TODAY MARKET WOULD FACE MAJOR RESISTANCE SEEN AROUND 3730-3760 ONE CAN SHORT AT THESE LEVELS WITH STOPLOSS OF 3780. MARKET LOOKS BEARISH ONLY IF IT BREACHES 3624 AND CLOSES THE DAY, ONE CAN CONTINUE TO STAY SHORT IN NIFTY IF IT CLOSES BELOW 3624.

BUY MARUTI ABOVE 842.5 SL 836 TGT 859
BUY MLL ABOVE 42 SL 41.5 TGT 44
BUY SAL STEEL ABOVE 9.25 SL 8.5 TGT 10.3/11
BUY ELECTCAST WITH SL 22 TGT 40 HOLD FOR FEW DAYS
BUY TATASTEEL FUTURES AT 296 SL 291 TGT 304/309

SELL TATACOMM BELOW 560 SL 564 TGT 549

INTRADAY TIPS FOR 07 MAY 2009

YESTERDAY WITH PROFIT BOOKING AND AWAITED US BANKS STRESS TEST RESULT OUR MARKETS WERE IN THE PHASE OF SELL OFF. WE HAVE WITNESSED SELL OFF MAJORLY IN BANKING SECTOR, WITH THE POSITIVE IMPACT OF THE US BANK STRESS TEST AND WITH THE POSITIVE OUTLOOK OF THE GLOBAL INDICIES MARKET HAS NOT GIVEN UP THE HOPE OF FURTHER UPMOVE. THIS KIND OF NEWS(US STRESS TEST) IN THE POSITIVE MAREKT WILL HELP THE STOCKS TO TAKE LITTLE RETRACEMENT FOR FURTHER UP MOVE. SECTORS LIKE MEDIA AND FERTILIZERS ARE LOOKING GOOD AND WITH THE POSITIVE IMPACT OF US BANK STRESS TEST MAY ALSO FAVOUR BANKING SECTOR.

FOR TODAY MARKETS WILL BE VOLATILE ON A POSITVE BIAS, IF NIFTY IS BELOW 3614 ONE CAN PREFER TO EXIT LONGS AND STAY SHORT WITH LOW VOLUMES AND IF NIFTY BREACHES 3600 THEN ONE CAN GO SHORT AND IF NIFTY BREACHS 3580 ON CLOSING BASIS ONE CAN STAY SHORT AND CAN SEE NIFTY TO TEST 3500 LEVELS IMMEDIATELY. ON THE UPSIDE THOUGH THE MARKETS MAY NOT BE ENCOURAGING AT THIS STAGE, ONE CAN GO LONG ONLY ABOVE 3680 ON POSITIONAL BASIS ONE CAN USE THIS LEVEL FOR ENTRY IF THIS LEVEL CROSSES THEN WE CAN SEE FURTHER UPSIDE TILL 3715 TO 3760.

BUY RELIANCEINFRA FUTURES AROUND 806 SL 799 TGT 820/836/844**
BUY BANKOFINDIA FUTURES ABOVE 230 SL 225 TGT 240/247/254
BUY NTPC FUTURES AROUND 195 SL 192.80 TGT 200/202
BUY IFCI FUTURES ABOVE 27 SL 25.90 TGT 29
SELL MARUTI FUTURES BELOW 808 SL 817.4 TGT 800/786
SELL JP ASSOCIATES FUTURES BELOW 136.80 SL 139.60 TGT 133/130

INTRADAY TIPS FOR 06 MAY 2009

MARKETS WERE PURELY RANGE BOUND SEEMS TO BE IN THE PHASE OF CONSOLIDATION THIS KIND OF CONSOLIDATION AFTER A GOOD MOVE WILL MAKE THE MARKET TO BE RANGE BOUND FOR ANOTHER COUPLE OF DAYS AND THEN MAY GIVE CLEAR INDICATION ABOUT THE TREND. MARKETS AT THIS JUNCUTRE LOOKING VERY BULLISH AND MAY HEAD TOWARDS 3750 IN NEAR TERM THIS IS CONSIDERED TO BE THE RESISTANCE FOR THE NIFTY. WE HAVE SEEN SOME FRESH OPEN INTREST BUILD UP IN THE FRONT END STOCKS WHICH IS AGAIN A BULLISH SIGN FOR THE MARKETS. WE HAVE ALSO WITNESSED HUGE VOLUME BASED BUYING IN SMALL AND MEDIUM CAP STOCKS, WHICH CLEARLY STATES THAT THERE IS FURTHER SCOPE OF UPSIDE IN THE NEAR TERM.

THOUGH MARKET SEEMS TO BE BULLISH ONE CANNOT RULE OUT ANY DOWNSIDE WHICH IS GOING TO COME LIKE HURRICANE. SO THE RISK OF HOLDING ANYTHING NAKEDLY IN THIS MARKET MAY EAT AWAY ALL THE GAINS MADE SO HEDGE YOUR POSITIONS TO CERTAIN EXTENT ATLEAST BY 1:5 OF YOUR CAPITAL. FOR TODAY MARKETS WOULD REMAIN RANGE BOUND. THE LEVELS ONE HAS TO WATCH ARE FOR NIFTY ARE SUPPORT AT 3542 RESISTANCE AT 3772. NIFTY WOULD REMAIN BETWEEN 3620-3705.

BUY SUZLON ABOVE 73 SL 71 TGT 76/78
BUY RNRL ABOVE 62 SL 60.80 TGT 64/67/69
BUY NMDC CMP SL 205 TGT 225/232 ---> CAN HOLD POSITIONALLY
SELL HDFC BELOW 1858 SL 1882 TGT 1827/1785
SELL HDIL BELOW 171 SL 174.90 TGT 167/161/157
SELL APIL BELOW 345 SL 353 TGT 335

OPTIONS
BUY ICICIBANK 540 PA AROUND 30-35 SL 18 TGT 65/80 CAN HOLD DELV
BUY TATAMOT 240 PA AROUND 6-7 SL 4 TGT 15/20/30 CAN HOLD DELV

INTRADAY TIPS FOR 05.04.09

GOOD MORNING!

MARKET HAS ACTED AS TOLD AND REACHED OUR ULTIMATE TARGETS. WITH THE HUGE RALLY OF YESTERDAY, MARKET MAY OPEN IN POSITIVE NOTE BUT MAY NOT SUSTAIN IT FOR LONG TIME IN THE INTRADAY AND EXPECTED TO BE VERY VOLATILE, ONE CANNOT RULE OUT THAT MARKET IS BULLISH, MARKET ARE BULLISH AND REMAIN TO BE IN THE SAME DIRECTION AND MAY REACH A TARGET OF 3700-3750 THIS WEEK. NIFTY HAS STRONG SUPPORT AT 3515 IF BREACHES ONE CAN THINK OF EXITING FROM THE EXISTING POSITIONS AND GOING SHORT WILL BE FAVOURABLE ONLY AND ONLY WHEN NIFTY BREACHES 3460.

BUY HDFC BANK FUTURES SL 1184 SL 1240
BUY HDFC FUTURES SL 1944 TGT 2010
BUY ICICIBANK FUTURES SL 513 TGT 545/560
BUY ITC FUTURES SL 204 TGT 210
BUY STERLITE INDUSTRIES FUTURES SL 471 TGT 490/497
SELL BANK OF INDIA FUTURES SL 242.80 TGT 223
SELL MTNL FUTURES SL 70.70 TGT 68.60/67.5
SELL EDUCOMP FUTURES SL 2357 TGT 2300/2240