INTRADAY TIPS FOR 03 SEPTEMBER 2009

GOOD MORNING!!!

TODAY IF NIFTY TRADES ABOVE 4652 THEN WE CAN SEE NIFTY TO MOVE UP TO 4710 AND TRADE ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4803 AND ANY CLOSE ABOVE 4710 WOULD TAKE MARKETS TO NEW HIGHS. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4558 THEN IT WOULD COME DOWN TO 4501 AND IF NIFTY CLOSES BELOW 4550 THEN ONE CAN STAY AWAY FROM LONGS AND IF NIFTY CLOSE BELOW 4500 THEN ONE CAN EXIT LONGS AND GO SHORT. TODAY MARKET WOULD NOT HAVE GOOD VOLUMES AND MAY BE VOLATILE BUT TAKE CARE OF THE LEVELS MENTIONED ABOVE

BUY RCOM SL 274 TGT 285/293
BUY ESSAROIL SL 153 TGT 158/162
BUY RELCAP SL 886 TGT 921/930
SELL NATIONAL ALUMINIUM SL
SELL STERLITE SL 643 TGT 625/618
BUY MUNJAL SHOWA AT 57 TGT 65/70/75 (VERY SHORT TERM)
BUY SOM DISTILLERIES AT 28 TGT 32/37/42 (VERY SHORT TERM)

INTRADAY TIPS FOR 02 SEPTEMBER 2009

BUY IDBI AT 99 SL 85 TGT 120/135/150 ** (MUST BUY AT LOWER LEVELS)

INTRADAY TIPS FOR 02 SEPTEMBER 2009

GOOD MORNING!!!

THE KEY BENCHMARK INDICES STRENGTHENED TO HIT FRESH DAY'S HIGH IN AFTERNOON TRADE AS EUROPEAN MARKET OPENED HIGHER TRACKING FIRM ASIAN STOCKS. THE BSE 30-SHARE SENSEX WAS UP 232.61 POINTS OR 1.48%, OFF CLOSE TO 20 POINTS FROM THE DAY'S HIGH AND UP CLOSE TO 210 POINTS FROM THE DAY'S LOW. AUTO, REALTY, POWER, FERTILIZER, TEA, SUGAR STOCKS ROSE. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES GAINED. THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, WAS STRONG. SHARES OF STATE-RUN HYDROPOWER GENERATOR NHPC WERE TRADING AT RS 37.40, A PREMIUM OF 3.89% OVER THE INITIAL PUBLIC OFFER PRICE OF RS 36. THE MARKET SURGED IN EARLY TRADE TRACKING GAINS IN ASIAN STOCKS TRIGGERED BY STRONG CHINESE MANUFACTURING SECTOR DATA. THE MARKET EXTENDED GAINS IN MID-MORNING TRADE. THE MARKET PARED GAINS IN EARLY AFTERNOON TRADE AS CHINESE STOCKS CAME OFF THE DAY'S HIGH. MARKET STRENGTHENED TO HIT FRESH DAY'S HIGH IN AFTERNOON TRADE. INDIA'S EXPORTS FELL AN ANNUAL 28.4% IN JULY 2009 OVER JULY 2008 AND IMPORTS FELL 37.1%, DATE RELEASED BY THE GOVERNMENT DURING TRADING HOURS TODAY, 1 SEPTEMBER 2009, SHOWED TODAY. PRIME MINISTER MANMOHAN SINGH SAID THAT COUNTRY HAS BEEN THROUGH A DIFFICULT YEAR DUE TO GLOBAL DOWNTURN AND POOR MONSOON. HE FURTHER ADDED THAT COUNTRY IS IN A STRONG POSITION TO MANAGE CONSEQUENCES OF DROUGHT AND THAT FOOD STOCKS ARE VERY HIGH. HE FURTHER ADDED THAT RURAL JOBS SCHEME OTHER SCHEMES TO MINIMIZE DRAUGHT IMPACT. HE SAID GOVERNMENT IS TAKING EFFORTS TO ENSURE NORMAL WINTER CROP. A LATEST SURVEY SHOWED INDIA'S MANUFACTURING ACTIVITY EXPANDED AT ITS SLOWEST PACE IN FIVE MONTHS IN AUGUST 2009. THE HSBC MARKIT PURCHASING MANAGERS' INDEX (PMI), BASED ON A SURVEY OF 500 COMPANIES, FELL TO A FIVE-MONTH LOW OF 53.2 IN AUGUST 2009 FROM A REVISED READING OF 55.4 IN JULY 2009. THE NEW ORDERS INDEX FELL TO 56.2 IN AUGUST 2009, ALSO ITS LOWEST IN FOUR MONTHS, FROM 60 IN JULY 2009.

TODAY MARKETS ARE GOING TO OPEN NEGATIVE AND THE BREADTH OF THE MARKET HAS TURNED NEGATIVE WHEN NIFTY HAS BREACHED 4640 NOW IF NIFTY TRADES BELOW 4600 THEN IT WILL TAKE A SUPPORT AT 4585 AND BREAK BELOW THIS LEVEL NIFTY CAN TAKE SUPPORT AROUND 4546 AND BREAK BELOW THIS LEVEL WOULD BE 4500 SO ONE CAN TAKE A BUY CALL WHEN NIFTY COMES AROUND 4520 LEVELS WITH A STOPLOSS OF 4500 AS THIS BEING A VERY VERY STRONG SUPPORT IN NIFTY BREAK AND CLOSE BELOW THIS WOULD TAKE NIFTY TO 4350 SO ONE CAN STAY SHORT IF IT CLOSES BELOW 4500. NIFTY ON THE UPSIDE MAY GO UP ONLY IF IT CROSSES 4630 LEVELS ONE CAN SEE NIFTY TO MOVE UP TO 4670. AND ONE IS ADVISED TO STAY CAUTIOUS AT LOWER LEVELS THERE MAY BE SOME BUYING EXPECTED AT LOWER LEVELS.

BUY TANLA SL 57 TGT 64
BUY HPCL SL 354 TGT 368/374
SELL STERLITE SL 665 TGT 642/632
SELL IFCI SL 53 TGT 52/51
SELL ICICI BANK SL 749 TGT 732/727
SELL AUSTRAL COKE WHERE EVER YOU CAN

POSITIONAL TRADES
BUY SALZER ELECTRONICS AROUND 93 LEVELS POSITIONALLY TGT 200/300 BUY BUYCLUTCH AUTO AROUND 32 TGT 40/52 SHORT TERM

INTRADAY TIPS FOR 01 SEPTEMBER 2009

GOOD MORNING!!!

TODAY MARKETS WOULD BE POSITVELY BIASED IF NIFTY TRADES ABOVE 4681 THEN WILL LEAD TO 4709 AND TRADE ABOVE THIS POINT NIFTY WILL GO TO 4774 IN INTRADAY. CLOSING ABOVE 4760 IS CONSIDERED TO BE A VERY BULLISH SIGN AND WOULD LEAD NIFTY TO 4820 IN NEXT TRADING SESSION. ON THE NEGATIVE FRONT BREAK BELOW 4665 NIFTY CAN SLIDE TO 4600 AND BREAK BELOW THIS LEVEL IT CAN GO TO 4550 AND ANY CLOSE BELOW 4550 IS CONSIDERED TO BE WEAK SO IT IS AVICEABLE TO EXIT ALL YOUR LONGS AT THIS STAGE.

BUY IFCI SL 55.20 TGT 57/59
BUY VIDEOCON SL 242 TGT 253/257
BUY IBREAL SL 269 TGT 279/283
BUY GMR INFRA SL 140.90 TGT 144.5/146.5/148.9

INTRADAY TIPS FOR 31 AUGUST 2009

GOOD MORNING!!!

MARKETS JUMPED UP 7.5% IN THE LAST SEVEN TRADING SESSIONS ALONG WITH WORLD MARKETS. CNX NIFTY HAS HIT ITS HIGHEST CLOSING LEVEL IN NEARLY 15 MONTHS.REVIVAL OF MONSOON RAINS, HIGHER EUROPEAN STOCKS AND GAINS IN US INDEX FUTURES BOOSTED THE DOMESTIC BOURSES ON FRIDAY. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES ROSE. METALS, BANKING AND REALTY STOCKS EDGED HIGHER. REVIVAL OF MONSOON RAINS BOOSTED SENTIMENT. INDIA'S MONSOON RAINS WERE 5% BELOW AVERAGE IN THE WEEK TO 26 AUGUST 2009, COMING IN CLOSE TO NORMAL FOR THE SECOND SUCCESSIVE WEEK AFTER A PROLONGED DRY SPELL, THE METEOROLOGICAL DEPARTMENT SAID ON THURSDAY, 27 AUGUST 2009. RAINFALL SINCE 1 JUNE TO 26 AUGUST WAS 25% BELOW NORMAL, IMPROVING SLIGHTLY FROM A DEFICIT OF 26% A WEEK EARLIER.

TODAY MARKET WOULD BE RANGE BOUND WITH POSITIVE BIAS. IF NIFTY TRADES ABOVE 4745 THEN WILL MOVE TO 4790 AND SUSTAIN ABOVE 4790 WILL LEAD THE MARKET TO NEW HIGHS AND CLOSE ABOVE 4825 ONE CAN RETAIN ALL THE POSITIONS FOR THE NEXT DAY IF NIFTY TRADES BELOW 4715 THEN WE CAN SEE NIFTY TO SLIDE DOWN TO 4680 AND CLOSING BELOW 4670 ONE IS ADVICED TO EXIT LONGS.

NO RECOS TODAY

INTRADAY TIPS FOR 28 AUGUST 2009

GOOD MORNING!!!

INDICES CLOSED WITH SMALL GAINS AND EXTENDING GAINS FOR THE STRAIGHT SIXTH DAY THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, WAS POSITIVE. CAPITAL GOODS STOCKS ROSE. IT STOCKS GAINED AFTER THE TOP THREE ITFIRMS WON A LARGE ORDER FROM BRITISH PETROLEUM. REALTY STOCKS FELL. THE MARKET RECOVERED AFTER AN EARLY SLIDE TRIGGERED BY WEAK GLOBAL STOCKS. THE INDICES MOVED INTO POSITIVE ZONE IN MORNING TRADE. IT SLIPPED INTO THE RED AGAIN LATER. THE MARKET ONCE AGAIN MOVED INTO THE GREEN FROM RED IN EARLY AFTERNOON TRADE. THE MARKET EXTENDED GAINS IN AFTERNOON TRADE. THE MARKET PARED GAINS IN MID-AFTERNOON TRADE. VOLATILITY WAS HIGH IN LATE TRADE WITH THE SENSEX ALTERNATIVELY MOVING BETWEEN POSITIVE AND NEGATIVE ZONE AS TRADERS ROLLED OVER POSITIONS IN THE DERIVATIVES SEGMENT FROM AUGUST 2009 SERIES TO SEPTEMBER 2009 SERIES. THE GOVERNMENT'S IMMEDIATE OBJECTIVE IS TO REVERSE DECLINING EXPORTS AND THE TRADE POLICY WILL GIVE THRUST TO EMPLOYMENT ORIENTED SECTORS, COMMERCE MINISTER ANAND SHARMA SAID TODAY AT THE TIME OF UNVEILING A TRADE POLICY FOR THE FIVE YEARS ENDING MARCH 2014. THE MINISTER SAID HE EXPECTS EXPORTS TO GROW 15% IN FISCAL YEAR ENDING MARCH 2011. THE GOVERNMENT WILL CONTINUE A TAX REFUND SCHEME FOR EXPORTERS UNTIL DECEMBER 2010 WHILE A DUTY-FREE EXPORT PROMOTION SCHEME WILL BE VALID UNTIL MARCH 2011, SHARMA SAID ON THURSDAY.

TODAY IF NIFTY TRADES BELOW 4663 THEN WE MAY SEE A DECLINE TO 4630 AND IF IT BREAKS AND TRADES THEN IT WILL MOVE TO 4600 AND ON THE UPSIDE IF NIFTY TRADES ABOVE 4693 THEN WE CAN SEE NIFTY TO MOVE UP TO 4730 AND THEN TO 4741 AND IF NIFTY BREAKS 4741 AND CLOSES THEN WE CAN SEE NIFTY TO MOVE UP TO NEW HIGHS AND MAY SEE A TARGET OF 4800-5000-5200 IN NEAR TERM.

BUY ANANTRAJ INDS SL 145 TGT 160/165
BUY VIDECON SL 237 TGT 250/255
BUY SRF SL 152 TGT 160/164
BUY BRFL SL 202 TGT 211/214
POSITIONAL TRADES

BUY KALINDEE RAIL NIRMAN (ENGINEERS) LTD AT 141.5 TGT 215**
BUY KOHINOOR FOODS AT 57 TGT 72
BUY VARUN SHIPPING AT 58 TGT 73
BUY BINANI CEMENT AT 61 TGT 77
BUY NITCO LTD AT 63 TGT 79
BUY ESSAR SHIPPING PORTS AND LOGISTICS AT 66 TGT 83

INTRADAY TIPS FOR 27 AUGUST 2009

GOOD MORNING!!!

INDICES EXTENDED GAINS FOR THE FIFTH DAY IN A ROW AFTER THE FINANCE MINISTER SAID ECONOMIC REFORMS WOULD BOOST GROWTH. SHARE FROM THE IT PACK LED THE RALLY TO THE MAXIMUM ALONG WITH REALTY, METAL AND POWER STOCKS ALSO ATTRACTED BUYING DEMAND. HOWEVER, BANKING SHARES WERE ON SELLING PRESSURE DUE TO PROFIT BOOKING. FMCG AND SELECT AUTO SHARES ALSO DIPPED ON PROFIT BOOKING. THE MARKET WAS VOLATILE. AFTER AN EARLY SURGE TRIGGERED BY STRONG US ECONOMIC DATA, THE MARKET CAME OFF THE HIGHER LEVEL. IT REGAINED STRENGTH LATER. THE MARKET ERASED ALMOST ITS ENTIRE INTRADAY GAINS IN EARLY AFTERNOON TRADE AFTER THE LATEST DATA SHOWED A SLOWDOWN IN INFRASTRUCTURE SECTOR GROWTH. THE MARKET SURGED LATER AS EUROPEAN STOCKS RECOVERED FROM AN INITIAL SLIDE. THE MARKET RETRACED FROM THE DAY'S HIGH ON PROFIT BOOKING AFTER A RECENT STRONG RALLY. THE MARKET MOVED IN A RANGE IN LATE TRADE.

TODAYTHE KEY BENCHMARK INDICES MAY DECLINE TRACKING WEAK GLOBAL CUES AS INVESTORS MAY BOOK PROFITS AFTER RECENT SURGE IN INDICES. VOLATILITY MAY REMAIN HIGH TODAY AS TRADERS ROLL OVER POSITIONS IN THE DERIVATIVES SEGMENT FROM AUGUST 2009 SERIES TO SEPTEMBER 2009 SERIES, AHEAD OF THE EXPIRY. THE MARKET WILL KEENLY WATCH FOREIGN TRADE POLICY TO BE ANNOUNCED BY THE COMMERCE MINISTER ANAND SHARMA TODAY. THE FOREIGN TRADE POLICY IS WIDELY EXPECTED TO CONTAIN SOPS FOR LABOUR INTENSIVE SECTORS LIKE GEMS AND JEWELLERY, TEXTILES AND LEATHER. INDIA'S EXPORTS IN THE LAST 10 MONTHS HAVE BEEN SLIDING STEADILY BY MORE THAN 25 PER CENT.

IF NIFTY TRADES ABOVE 4700 ONE CAN GO LONG FOR A TARGET OF 4741 AND BREAK BELOW 4641 THEN MARKET MAY SEE 4600. IT IS WISE TO TRADE WITH STRICT STOPLOSS AND BOOK PROFITS AT REGULAR INTERVALS. ONE IS ADVICED TO STAY CAUTIOUS IN TODAYS MARKET AND TEXTILES, GEMS JEWELLERY IS EXPECTED TO HAVE HIGH VOLATILITY WITH POSITIVE BIAS SO STAY FOCUSED ON THESE SECTORS.

BUY EVERONN SYSTEMS SL 388 TGT 404/411
BUY ALOK INDS SL 20.5 TGT 23.5/24.5
BUY ABAN AT 1520 SL 1485 TGT 1630/1725
BUY ZEEL AT 215 SL 212.8 TGT 226/233
BUY TECHM AT 914 SL 904 TGT 936/949
BUY ARVIND MILLS SL 30.9 TGT 33.45

BUY JAYASWAL NECO INDS LTD TGT 35/48(MEDIUM TERM)