INTRADAY TIPS FOR 20 MAY 2009

GOOD MORNING!

MARKETS YESTERDAY WERE VERY VERY IRRATIC AND BEHAVED LIKE NEVER BEFORE, ONE NEEDS TO BE VERY CAUTIOUS AT THIS JUNCTURE THOUGH THE MARKET OUTLOOK REMAINS STRONG BUT AFTER SUCH A HUGE RALLY ONE MUST OBSERVE THAT MARKETS MAY TAKE A MARGINAL CONSOLIDATION, AND IN THIS CONSOLIDATION PHASE MARKETS REMAIN EXTREEMLY VOLATILE. TRADE VERY CAUTIOUSLY WITH MINIMUM STOPLOSS AND TARGETS.

FOR TODAY NIFTY RESISTANCE AT 4350-4425-4490 AND SUPPORTS AT 4290-4211-4160. IT STOCKS REMAINS WEAK IN TODAYS MARKETS SO AVOID BUYING ANY IT STOCK.

BUY RELCAP ABOVE 909 SL 897 TGT 925/934
BUY ADLABS AROUND 260 SL 244 TGT 280/300/320 (BUY THIS WHEN MARKET SLIDES IN THE MORNING)
SELL AXIS BANK ABOVE 775 SL 784 TGT 760/750/740
SELL INFOSYS BELOW 1560 SL 1576 TGT 1540/1524
SELL CIPLA BELOW 230 SL 235 TGT 224/221/217
POSITIONAL BUY YUKEN(I) AT 62 AND JUST FORGET FOR 20 DAYS TGT 120/140/160

INTRADAY TIPS FOR 19 MAY 2009

YESTERDAY WE HAVE SEEN A SENSATIONAL MOVE IN THE FINANCIAL MARKETS, WHICH WAS BEYOND THE EXPECTATIONS OF ANYONE. YESTERDAY THOUGH MARKETS WERE UP BY ALMOST 17%, THERE WAS HARDLY ANY BUYING IN THE MARKET. ITS JUST 1/40 OF WHAT USALLY MARKET TRADES. I WOULD LIKE TO BRING FEW POINTS FOR YOUR INFORMATION WHICH ARE KEY IN TODAYS MARKETS

1. ACCORDING TO SOURCES THERE ARE STILL AROUND 1 CRORE OF NIFTY SHORTS LYING IN THE MARKET WHICH ARE YET TO BE COVERED.

2. ANOTHER IMPORTANT POINT IS MARGINS ARE GOING TO BE INCREASED TO ALMOST 100% IN TOP END FUTURES AS WELL.

3. FEW BROKER HOUSES ARE IN DEEP TROUBLE WHERE THERE ARE HEAVY SHORTS BUILTUP BY THEIR CLIENTS & RUNNING OUT OF BALANCES AND ARE REQUIRED TO COVER THEM UP IMMEDIATELY TO CUT FURTHER INCREASE IN THIER LOSSES WITH THIS MARKETS MAY TRIGGER FROM THAT CORNOR TOO SO FIRMS MAY TRY TO SELL IN THE MARKETS TO THE MAXIMUM. THESE ALL THINGS WILL ADD FUEL TO THE FIRE AND MARKETS MAY GO UP BEYOND IMAGINATION. ONE CANNOT RULE OUT THE FACTOR THAT MARKET MAY EVEN GO UP BY 10% TODAY. ONE HAS TO BE CAUTIOUS TO SHORT I WOULD ADVISE NOT TO GO SHORT IN ANY CASE. SENSEX MAY GO UP BY ATLEAST 16000.

BUY IFCI, RNRL, RPL, RELINFRA, UNITECH & LITL

INTRADAY TIPS 18 MAY 2009

MARKETS ARE AGAIN IN THE SECOND PHASE OF BULL RUN AND THE GRAVITY OF UPMOVE WILL START WITH 300++ POINTS IN NIFTY WE CAN EXPECT THE NIFTY TO OPEN SOMEWHERE IN 3900++ AND HEAD TOWARDS 4000++ IN MINUTES AND HIT UPPER CIRCUIT. MARKET OUTLOOK REMAINS VERY STRONG WILL HEAD TOWARDS 4000-4200-4400. BANKING SECTOR TO REMAIN VERY STRONG AND MAY SEE 10 TO 15% UP MOVE FROM HERE ALONG WITH INFRA AND ALL PSU'S WILL SURGE. BUY ANY FRONT END STOCK IN THE MARKET AND FORGET FOR TWO WEEKS.

TODAY THERE IS NO POINT GIVING INTRADAY CALLS AS NO ONE CAN BUY ANYTHING FOR 2 TO 3% THIS MARKET IS SUCH WHERE ONE HAS TO LOOK FOR 3O TO 100% RETURN IN ONE MONTH.

ALL CALLS ARE POSITIONAL

BUY LANCO TGT 550
BUY HDIL TGT 350++
BUY IFCI TGT 60+
BUY RNRL TGT 100+
BUY SUZLON 120+
RIIL, BHEL, RELIANCE, LT, BANKINDIA, NTPC, NEYVELLIGNITE & SESAGOA ALL ARE BULLIISH

INTRADAY TIPS FOR 15.05.09

GOOD MORNING!!!

WE HAVE WITNESSED IN THE LAST FOUR TRADING SESSIONS THAT MARKETS ARE HIGHLY VOLATILE WITH VOLATALITY INDEX SHOOTING VERY HIGH. MARKETS ARE STILL IN THE PHASE OF CONSOLIDATION AFTER A BIG UPMOVE, SENTIMENT REMAINS STRONG IN THE MARKET AND MARKETS EXPECTED TO BE IN THE PHASE OF CONSOLIDATION BEFORE ANY VIOLENT MOVE AFTER TOMORROW'S RESULTS. I WOULD LIKE TO CAUTION ALL THE INVESTORS TO STAY AWAY FROM ANY HOLDINGS AT THE END OF THE DAY, AS WE WILL BE WITNESSING AN ERATIC MOVE ON MONDAY.

FOR TODAY MARKETS WOULD BE WITH POSITIVE BIAS. ONE SHOULD STRICTLY FOLLOW THE SUPPORT AND RESISTANCES FOR ALL THE TRADES THEY ARE DOING, NIFTY STRONG RESISTANCE AT 3642 AND 3680 AND SUPPORTS AT 3557 AND 3511. IF NIFTY MANAGES TO TRADE ABOVE 3566 THEN ONE CAN STAY LONG AND IF NIFTY MANAGES TO TRADE BELOW 3566 THEN EXIT ALL LONG POSITIONS.

TRADING STRATEGY FOR MONDAY BUY 3600 PUTS AT 150-160 AND 3600 CALLS AT 150-160 AND BOTH THE CALL AND PUT SHOULD NOT CROSS 300 RUPEES. IN THE OPENING TODAY AND HOLD IT TILL MONDAY MORNING.

BUY ICICIBANK AT 536 SL 529 TGT 555
BUY DLF FUTURES ABOVE 244 SL 237 TGT 263
BUY RELINFRA FUTURES ABOVE 812 SL 800 TGT 823/851
BUY TATAMOTORS ABOVE 560 SL 554.80 TGT 566/572/578
SHIPPING STOCKS AND REALITY LOOKING BULLISH

INTRADAY TIPS FOR 14 MAY 09

GOOD MORNING
MARKETS ARE IN THE VERGE OF DECLINING AS THE EXIT POLL RESULTS ARE OUT WITH LOTS OF SPECULATIVE MOVE AMONG THE INVESTORS, MARKETS LIKELY TO COME DOWN WITH LOT OF PANIC IN THE MARKETS IN THE MINDS OF INVESTORS. BE LITTLE CAUTIOUS IN HOLDING ANY POSITIONS. TODAY IF MARKETS BREACHES 3580 THEN GO FOR SHORT POSITIONS MARKET MAY SLIDE TO 3520 IN TODAYS TRADE AND IF NIFTY HOLDS ABOVE 3580 THEN MARKET IS STILL CONTINUED TO BE POSITIVE.

SELL HDIL BELOW 179 SL 184 TGT 173/171
SELL TATAPOWER BELOW 888 SL 900 TGT 870/858
SELL RIIL BELOW 737 SL 754 TGT 720

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