INTRADAY TIPS FOR 12 AUGUST 2009

GOOD MORNING!!!

POSTING SMALL GAINS AFTER A STRAIGHT THREE DAY LOSSES IN A HIGHLY VOLATILE SESSION THE SENSEX ALTERNATIVELY HOVERED UP AND DOWN TO THE PSYCHOLOGICAL 15,000 MARK, ULTIMATELY CLOSING ABOVE THAT MARK. THE SENSEX SURGED IN EARLY AFTERNOON TRADE AFTER FINANCE MINISTER PRANAB MUKHERJEE SAID THE GOVERNMENT IS PREPARED TO MANAGE A DROUGHT AND A CONTINGENCY PLAN WAS ALSO IN PLACE. THE MARKET JUMPED TO HIT FRESH INTRADAY HIGH IN MID-AFTERNOON TRADE. A SUDDEN SLIDE PULLED THE MARKET INTO THE RED SHORTLY THEREAFTER BUT MANAGED TO CLOSE IN POSITIVE TERRAIN. THE MOST WORRYING FACTOR FOR THE INVESTORS IS ABOUT THE SCANTY RAINS WHICH MAY HAMPER A NASCENT REVIVAL IN THE DOMESTIC ECONOMY. SUGARS WERE VERY SWEET ALONG WITH PHARMA AND REALITY SPACE

TODAY MARKETS WOULD BE RANGE BOUND EVEN THOUGH MARKETS OPEN IN RED BUT ONE HAS TO KEEP AN EYE ON THE KEY LEVEL OF 4388 IF NIFTY BREAKS THIS LEVEL THEN WE CAN SEE NIFTY TO SEE 4337 AND THEN 4282 LEVELS, STRONGEST SUPPORT FOR NIFTY IS AT 4388 SO ONE NEEDS TO BE VERY CAUTIOUS AT THIS LEVELS. ON THE UPSIDE IF NIFTY BREAKS ABOVE 4510 THEN WE CAN SEE NIFTY TO MOVE TO 4544 AND BREAK ABOVE THIS LEVEL ONE CAN GO FOR BUYING POSITIONALLY CLOSING ABOVE 4544 IS A GOOD SIGN FOR THE MARKETS.

BUY JINDAL STEEL AT 2840 LEVELS SL 2800 TGT 2870/2900/2963
BUY GVKPIL AT 45.5 SL 44.60 TGT 48/49/50
BUY HDIL AT 260 SL 252 TGT 269/276
BUY GAIL AT 327 SL 323.80 TGT 337/342
BUY RANBAXY AT 275 SL 273.3 TGT 281/284/287

INTRADAY TIPS FOR 11 AUGUST 2009

GOOD MORNING!!!

INDICES EXTENDED LOSSES FOR THE THIRD STRAIGHT DAY ON WEAK EUROPEAN CUES STOCKS. FEARS OF SCANTY RAINS ALSO WEIGHED ON THE SENTIMENT SENSEX FELL 894.06 POINTS OR 5.62% IN LAST THREE TRADING SESSIONS SENSEX FELL BELOW THE PSYCHOLOGICAL 15,000 MARK IN LATE TRADE BUT REGAINED THAT LEVEL LATER. AUTO, CAPITAL GOODS AND FMCG STOCKS FELL EVEN AS IT STOCKS ROSE. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) FELL IN VOLATILE TRADE. THE MARKET PARED GAINS AFTER A FIRM START TRIGGERED BY BETTER-THAN-EXPECTED US AND JAPANESE ECONOMIC DATA. IT LOST FURTHER GROUND LATER, SLIPPING INTO THE RED FROM GREEN AS BELOW NORMAL MONSOON RAINS AND SPREAD OF THE DEADLY SWINE FLU IN THE COUNTRY WEIGHED ON THE SENTIMENT. OVERALL MARKET BREADTH AND SENTIMENT REMAINS WEAK.

MARKETS TODAY WOULD BE RANGE BOUND. IF NIFTY BREAKS 4388 AND TRADES BELOW THIS THEN WE CAN SEE NIFTY TO SEE A LEVEL OF 4337 AND BREAK BELOW THIS LEVEL WOULD DEFINITELY TAKE NIFTY TO 4200 KIND OF LEVELS. AND ON THE POSITIVE SIDE IF TRADES ABOVE 4428 THEN WE CAN SEE NIFTY TO MOVE TO 4494 AND TRADE ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4550 AND ABOVE THIS POINT ONE CAN TAKE FRESH LONG POSITIONS UNTIL THEN IT IS ADVISED TO STAY ON THE SIDELINES ON THE LONG SIDE.

BUY YES BANK SL 145 TGT 157/159.7/162
BUY AXIS BANK SL 829 TGT 854/865
BUY STRIDES ARCOLAB WILL HIT UPPER CIRCUIT
SELL ABAN BELOW 1040 SL 1060 TGT 1016/998
SELL BPCL SL 510 TGT 488/476
SELL ACC SL 824 TGT 796/786

INTRADAY TIPS FOR 11 AUGUST 2009

GOOD MORNING!!!

INDICES EXTENDED LOSSES FOR THE THIRD STRAIGHT DAY ON WEAK EUROPEAN CUES STOCKS. FEARS OF SCANTY RAINS ALSO WEIGHED ON THE SENTIMENT SENSEX FELL 894.06 POINTS OR 5.62% IN LAST THREE TRADING SESSIONS SENSEX FELL BELOW THE PSYCHOLOGICAL 15,000 MARK IN LATE TRADE BUT REGAINED THAT LEVEL LATER. AUTO, CAPITAL GOODS AND FMCG STOCKS FELL EVEN AS IT STOCKS ROSE. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) FELL IN VOLATILE TRADE. THE MARKET PARED GAINS AFTER A FIRM START TRIGGERED BY BETTER-THAN-EXPECTED US AND JAPANESE ECONOMIC DATA. IT LOST FURTHER GROUND LATER, SLIPPING INTO THE RED FROM GREEN AS BELOW NORMAL MONSOON RAINS AND SPREAD OF THE DEADLY SWINE FLU IN THE COUNTRY WEIGHED ON THE SENTIMENT. OVERALL MARKET BREADTH AND SENTIMENT REMAINS WEAK.

MARKETS TODAY WOULD BE RANGE BOUND. IF NIFTY BREAKS 4388 AND TRADES BELOW THIS THEN WE CAN SEE NIFTY TO SEE A LEVEL OF 4337 AND BREAK BELOW THIS LEVEL WOULD DEFINITELY TAKE NIFTY TO 4200 KIND OF LEVELS. AND ON THE POSITIVE SIDE IF TRADES ABOVE 4428 THEN WE CAN SEE NIFTY TO MOVE TO 4494 AND TRADE ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4550 AND ABOVE THIS POINT ONE CAN TAKE FRESH LONG POSITIONS UNTIL THEN IT IS ADVISED TO STAY ON THE SIDELINES ON THE LONG SIDE.

BUY YES BANK SL 145 TGT 157/159.7/162
BUY AXIS BANK SL 829 TGT 854/865
BUY STRIDES ARCOLAB WILL HIT UPPER CIRCUIT
SELL ABAN BELOW 1040 SL 1060 TGT 1016/998
SELL BPCL SL 510 TGT 488/476
SELL ACC SL 824 TGT 796/786

INTRADAY TIPS FOR 10 AUGUST 2009

GOOD MORNING!!!

INDICES POSTED SECOND STRAIGHT DAY OF LOSSES, AS WEAK GLOBAL STOCKS AND BELOW NORMAL RAINS WEIGHED ON INVESTOR SENTIMENT. STRONG RESPONSE TO THE INITIAL PUBLIC OFFER (IPO) OF NHPC HAS RAISED CONCERNS IT HAS AND WILL SUCK OUT LIQUIDITY FROM THE SECONDARY MARKET. POWER, AUTO, REALTY AND BANKING STOCKS WERE THE MAJOR LOSERS. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) SLUMPED. SCANTY RAINS REMAINS A CAUSE OF CONCERNS FOR INVESTORS. THE SOUTH WEST MONSOON RAINS WERE 64% BELOW NORMAL IN THE PAST SEVEN DAYS TO 5 AUGUST 2009, DIPPING FOR THE SECOND STRAIGHT WEEK AT A CRUCIAL PERIOD FOR OILSEEDS AND SUGARCANE, AND RAISING CONCERNS OF RISING FOOD PRICES. LAST WEEK'S RAINFALL WAS THE WORST SINCE MID-JUNE, WHILE TOTAL RAINFALL SINCE THE START OF SEASON ON 1 JUNE 2009 WAS A QUARTER BELOW AVERAGE, THE INDIA METEOROLOGICAL DEPARTMENT SAID ON THURSDAY. BUT THE GLOBAL RALLY MAY COOL THE NEGATIVE IMPACT OF MANSOON FOR A WHILE AND MEANWHILE IF FORTUNE FAVOURS AND FARMERS THEN THE SENTIMENT OF MARKET WOULD BE MUCH MORE BULLISH.

TODAY WE CAN SEE A GAP UP OPEN IN THE MARKETS WITH GLOBAL INDICES FAVORING BULLS. TODAY IF NIFTY TRADES ABOVE 4473 ONE CAN GO FOR BUYING WITH A STOPLOSS OF 4444 ABOVE 4473 MARKET CAN HIT 4515 AND SUSTAIN ABOVE THIS LEVEL MARKET CAN SEE 4600 LEVELS AND ON THE DOWNSIDE IF MARKET TRADES BELOW 4444 THEN ONE CAN EXIT LONGS AND GO FOR FRESH SHORTS ONLY IF MARKET CLOSES BELOW 4444 THEN GO FOR SHORTS IN THE CLOSING ONE HAS TO ACCEPT THAT THE MARKET IS BULLISH BOUNCE BACK OF 100 POINTS IN NIFTY WILL TURN THE TREND BULLISH SO ONE HAS TO BE VERY CAUTIOUS ON THE DOWN SIDE AND IF NIFTY CLOSES ABOVE 4600 THEN ONE IS ADVISED TO STAY AWAY FROM SHORTS STRICTLY. TODAY WE CAN SEE RALLY IN METAL SPACE, SUGARS, REALITY AND AUTO.

BUY DHAMPUR SUGARS SL 76 TGT 78/82/105**
BUY STER SL 622 TGT 656/670
BUY JINDAL STEEL SL 2700 TGT 2827/2861/2909/2970
BUY RENUKA ABOVE 174 SL 172 TGT 180/186/194
BUY ABAN ABOVE 1075 SL 1060 TGT 1097/1145/1175
BUY INDIA BULLS ABOVE 190 SL 187 TGT 194/203/208
BUY SRF SL 134.8 TGT 145/150.

INTRADAY TIPS FOR 07 AUGUST 2009

GOOD MORNING!!!

MARKETS NOSEDIVED IN THE PENULTIMATE HOUR OF TRADE LED BY AUTO, METAL, REALITY AND FMCG STOCKS. THE FALL WAS MATERIALIZED AFTER TELEVISION REPORTS THAT THE MANSOON RAINS WERE 66% BELOW NORMAL. A WEAK MANSOON MAY HAMPER ECONOMIC GROWTH AS MORE THAN TWO-THIRDS OF THE PEOPLE LIVE IN VILLAGES AND 60% OF THE FARM LAND DEPENDS ON THE ANNUAL RAINS. HEALTH OF THE MARKET TURNED WEAK ONE IS ADVISED TO EXIT THEIR LONGS AND NOT TO GO SHORT TILL 4500 LEVELS BREACH BELOW THIS LEVEL ON CLOSING BASIS ONE CAN STAY SHORT TILL THEN ONE IS ADVISED TO STAY AWAY AND RE-ENTER LONGS ONLY ABOVE 4640 LEVELS ON THE CLOSING BASIS.

TODAY MARKET LOOKS NEGATIVELY BIASED WITH HIGHLY VOLATILE SESSION. NIFTY TRADING BELOW 4571 WILL LEAD THE RALLY TO 4522 AND BREACH BELOW THIS LEVEL CAN TAKE NIFTY TO 4483 CLOSING BELOW THIS LEVEL ONE CAN SEE NIFTY TO GO DOWN FURTHER AND ONE IS ADVISED TO STAY SHORT. ON THE UPSIDE ONE IS ADVISED TO BUY ABOVE 4640 FOR A TARGET OF 4688 AND CLOSE ABOVE 4640 ONE CAN EXPECT NIFTY TO GO TO NEW HIGHS.

SELL MARUTI 1382 TGT 1345/1332/1317
SELL STER SL 660 TGT 638/628/615
SELL TATA MOTORS SL 428 TGT 410/400
SELL ABAN SL 1137 TGT 1105/1074/1040
BUY BOMBAY DYEING SL 354 TGT 377/382/387
POSITIONAL TRADES
BUY KRBL TGT 150 ONE TO THREE MONTHS **GOOD BUY**
BUY NU TEK INDIA LTD TGT 68 ONE WEEK
BUY FINOLEX INDUSTRIES TGT 65
BUY SAKTHI SUGARS TGT 85/90

INTRADAY TIPS FOR 06 AUGUST 2009

GOOD MORNING!!!

MARKETS YESTERDAY HAS SHOWN GREAT SIGNS OF BULLISHNESS AND WOULD CONTINUE TO REMAIN IN BULLISH ZONE. DONT GET PANIC WITH MILD FLUCTUATIONS IN THE FORM OF RETACEMENTS. TODAY MARKET MAY PULL BACK AFTER A SMALL GAP DOWN.

BUY IBSEC SL 45 TGT 52/54
BUY EVERON SL 372 392/405
BUY SESAGOA SL 248 TGT 258/260

INTRADAY TIPS FOR 05 AUGUST 2009

GOOD MORNING!!!

KEY BENCHMARK INDICES EDGED LOWER, REVERSING GAINS IN THE PRECEDING THREE TRADING SESSIONS WITH LOWER EUROPEAN STOCKS AND US INDEX FUTURES TRIGGERED PROFIT TAKING AFTER A RECENT SOLID RALLY. IN THE OPENING TRADE BSE HAS HIT THE PSYCHOLOGICAL 16,000 MARK FOR THE FIRST TIME IN MORE THAN 14 MONTHS. REALTY, POWER AND IT STOCKS UNDERWENT CORRECTION EVEN AS AUTO STOCKS EXTENDED RECENT GAINS ALONG WITH FMCG SECTOR ON ROBUST JULY 2009 SALES. THE MARKET CUT LOSSES IN EARLY AFTERNOON TRADE AS INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) AND STATE BANK OF INDIA (SBI) ROSE AND RECOVERED TO A GREATER EXTENT.

MARKET THOUGH LOOKED TO BE NEGATIVE YESTERDAY THIS HAS TO BE CONSIDERED AS RETRACEMENT, MARKET STILL LOOKS VERY STRONG WHEN YOU LOOK ON THE OVERALL HEALTH OF THE MARKET. ONE NEEDS TO UNDERSTAND THAT AND GO ALONG WITH THE TREND THAN JUST GOING WITH THESE SMALLER FLUCTUATIONS DON’T GET PANIC IN THIS MARKET AS MARKET IS ON THE BULLISH SIDE ONE CAN RETAIN POSITIONS ON THE LONGER SIDE AS LONG AS NIFTY DOESN’T BREAK THE LEVELS INDICATED BELOW. MARKET MAY SEE NEW HIGHS ONCE IF NIFTY BREAKS ABOVE 4700 AND TRADES. IF NIFTY TRADES ABOVE 4700 ONE CAN GO LONG WITH A TARGET OF 4769 AND BREAK ABOVE THIS LEVEL CAN TAKE MARKET TO 4808 AND IF MARKET CROSSES THIS LEVEL THEN IT IS QUITE EVIDENT THAT WE CAN SEE MARKET AT 5000 AND THEN 5200 IN A VERY SHORT RUN AND ON THE NEGATIVE TERRAIN IF MARKET TRADES BELOW 4660 THEN WE CAN SEE MARKET TAKING SUPPORT AT 4625 LEVELS AND BREAK BELOW THIS 4587 AND BREAK BELOW THIS LEVEL ONE IS ADVISED TO EXIT LONGS AND STAY AWAY FROM TRADE TILL MARKET BREACHES 4540 LEVELS. I WOULD ADVICE TRADERS NOT TO GO SHORT. TODAY MARKET WOULD BE POSITIVELY BIASED.

BUY INDIA CEMENTS SL 141.7 TGT 147.5/149
BUY TATA MOTORS SL 437 TGT 455/463/469
BUY ACC ABOVE 905 SL 890 TGT 918/927
BUY RELCAP SL 904 TGT 927/935/946
BUY SUZLON SL 95.7 TGT 99.30/103/106