INTRADAY TIPS FOR 11 SEPTEMBER 2009

GOOD MORNING!!!

INDICES OPENED IN HIGHS THE MARKET SURGED IN EARLY TRADE ON HIGHER ASIAN STOCKS. INTRADAY VOLATILITY WAS HIGH. . IT SURGED TO A FRESH INTRADAY HIGH IN MORNING TRADE BEFORE PARING GAINS. A BRIEF RECOVERY FROM LOWER LEVEL WAS WITNESSED IN EARLY AFTERNOON TRADE. AFTER HITTING AN INTRADAY LOW,THE MARKET REGAINED STRENGTH LATER. REALTY AND AUTO STOCKS DECLINED WHILE BANKING AND METALS ROSE UP HIGHER.

TODAY MARKET WOULD OPEN POSITIVE AND WOULD BE RANGE BOUND SO TRADE CAUTIOUSLY WITH LEVELS INDICATED. TODAY IF NIFTY TRADES ABOVE 4811 THEN IT WILL HIT 4842 AND TRADING ABOVE THIS LEVEL WOULD TAKE NIFTY TO 4862 AND BREACH ABOVE 4876 WOULD TAKE NIFTY TO NEW HIGHS AND CLOSE OF NIFTY ABOVE 4876 WOULD TAKE NIFTY TO NEW HIGH I.E., 5000 LEVELS. AND ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4800 THEN WILL LEAD THE MARKET TO 4759 LEVELS.

SELL HDIL BELOW 305 SL 315 TGT 301/295
SELL TATASTEEL BELOW 468 SL 475 TGT 465/461
BUY INFOSYS SL 2214 TGT 2280/2300/2320

BUY STER SL 759 TGT 780/789

INTRADAY TIPS FOR 10 SEPTEMBER 2009

GOOD MORNING!!!
INDICES ADVANCED TO DAY'S HIGH IN MID-AFTERNOON TRADE LED BY AN OVER 3.5% RALLY IN INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL), HOLDING A 13.18% WEIGHTAGE, THE HIGHEST OF THE INDICES. THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, REMAINED STRONG. THE MARKET WAS VOLATILE. AFTER AN INITIAL SLIDE, THE MARKET BOUNCED BACK SHORTLY. HOWEVER, THE MARKET FAILED TO SUSTAIN HIGHER LEVEL AND MOVED BETWEEN POSITIVE AND NEGATIVE ZONE LATER. A RALLY IN INDEX HEAVYWEIGHT RELIANCE INDUSTRIES PUSHED THE KEY INDICES TO DAY'S HIGH IN MID-MORNING TRADE. THE MARKET PARED GAINS IN EARLY AFTERNOON TRADE ON PROFIT BOOKING. THE MARKET ONCE AGAIN SLIPPED INTO THE RED IN AFTERNOON TRADE AS EUROPEAN MARKETS OPENED LOWER. AN OVER 3.5% RALLY IN INDEX HEAVYWEIGHT PUSHED KEY INDICES TO DAY'S HIGH IN MID-AFTERNOON TRADE

TODAY MARKET WOULD OPEN IN A POSITIVE NOTE. IF NIFTY TRADES ABOVE 4836 IT WOULD TOUCH IMMEDIATELY 4870 AND IF NIFTY CROSSES 4876 WE CAN SEE NIFTY TO MOVE FURTHER UP AND ANY CLOSE ABOVE 4876 IS CONSIDERED TO BE A VERY POSITIVE CLOSE AND NIFTY WOULD GO UP AND HEAD TOWARDS 5000 LEVELS. ON NEGATIVE FRONT IF NIFTY TRADES BELOW 4811 THEN CAN SLIDE TO 4777 AND IF NIFTY TRADES BELOW 4777 THEN WE CAN SEE NEXT SUPPORT FOR NIFTY AT 4750 AND ANY CLOSE BETWEEN 4777 AND 4750 ONE IS ADVISED TO EXIT MAXIMUM POSITION AND HOLD ONLY FEW LONG POSITIONS.
SELL AXIS SL 917 TGT 895
SELL SIEMENS BELOW 506 SL 510 TGT 498/495

BUY STER SL 739 TGT 761/789
BUY HCC SL 108 TGT 115/117/119*
BUY IFCI SL 57 TGT 61.5/63.5/65
BUY RELCAP SL 909 TGT 931/950
BUY ASSAM COMPANY*** AND FORGET TO MAKE YOUR MONEY ATLEAST 4 TO 5 TIMES

INTRADAY TIPS FOR 09 SEPTEMBER 2009

GOOD MORNING!!!

LAST DAY INDICES HAVE OPENED FIRM WITH ALL THE GLOBAL MARKETS, HOWEVER MARKET DID NOT SUSTAIN IN THE LAST HOUR OF PROFIT BOOKING. OVERALL HEALTH AND STRUCTURE OF THE MARKET REMAINED POSITIVE. ONE CAN EYE ON EDUCATION STOCKS WHICH MAY SPURT FROM HERE ON. RELIANCE HELD THE MARKET AND LOOKED VERY POSITIVE ABOVE 2080 YOU CAN SEE RELIANCE TO GO UP FURTHER, THIS CLEARLY INDICATES A FRESH UP MOVE CAN BE EXPECTED IN MARKETS. RIIL ALSO LOOKS POSITIVE.

TODAY NIFTY WOULD BE RANGE BOUND SO TRADERS ARE ADVISED TO BOOK PROFITS AT REGULAR INTERVALS. IF NIFTY TRADES ABOVE 4820 ONE CAN INITIATE LONGS WITH A STOPLOSS OF 4767 FOR A TARGET OF 4842 AND THEN 4878 IF NIFTY SUSTAINS ABOVE 4878 THEN ONE CAN BLINDLY CARRY LONGS FOR A TARGET OF 5000 AND ON THE DOWNSIDE IF NIFTY BREAKS BELOW 4780 THEN ONE CAN EXPECT NIFTY TO TAKE SUPPORT AROUND 4767 BREAK BELOW THIS LEVEL WE CAN SEE NIFTY TO COME DOWN TO 4730 AND CLOSE BELOW 4730 IS EXPECTED TO COME DOWN 4656 SO ONE IS ADVISED TO SEE THESE LEVELS AS VERY CRUCIAL.

BUY EXCEL CORP SL 130 TGT 139/144**ONE CAN HOLD FOR TARGET OF 170

BUY TITAN SL 1263 TGT 1320/1340** ONE CAN HOLD POSITIONALLY FOR A TARGET OF 1500

BUY EVERONN SL 407 TGT 420/425** ONE CAN HOLD POSITIONALLY FOR A TARGET OF 500

BUY IDFC SL 142.90 TGT 149/152/155

POSITIONAL TRADES
BUY KSK ENERGY SL 170 TGT 200/250/300**
DONT MISS STOCKS RATED ** ADVISED INVESTORS AND TRADERS TO GIVE PREFERENCE TO THEM

INTRADAY TIPS FOR 08 SEPTEMBER 2009

GOOD MORNING!!!

IN THE LAST TRADING DAY S&P CNX NIFTY SETTLED AT THEIR HIGHEST LEVEL IN MORE THAN 15 MONTHS. GLOBAL STOCKS SURGED AFTER THE G20 LEADERS PLEDGED TO MAINTAIN STIMULUS MEASURES. RALLY CAME ON THE BACK OF HIGHER TURNOVER. THE MARKET BREADTH INDICATING THE OVERALL HEALTH OF THE MARKET WAS STRONG. REALTY, BANKING AND METAL STOCKS WERE AT THE FOREFRONT IN THE RALLY. IN STOCK-SPECIFIC ACTIVITY TATA MOTORS SURGED ALMOST 13%. ICICI BANK JUMPED AROUND 7% AND STERLITE INDUSTRIES GAINED AROUND 6.5%. MEANWHILE, A SURVEY TO GAUGE BUSINESS CONFIDENCE SENTIMENT, CARRIED OUT BY FEDERATION OF INDIAN CHAMBERS OF COMMERCE AND INDUSTRY (FICCI), FOR THE MONTH OF SEPTEMBER 2009, SUGGESTED THAT THE CONFIDENCE LEVEL OF INDIA INC IS ON THE RISE THANKS TO GOVERNMENT'S FISCAL STIMULUS MEASURES. EIGHTY PER CENT OF THE COMPANIES BELIEVE THAT THE INDIAN ECONOMY IS ON THE ROAD TO RECOVERY AND EXPECT IMPROVEMENT IN CORPORATE PERFORMANCE IN THE MONTHS TO COME.
TODAY NIFTY MAY OPEN ON THE POSITIVE NOTE BUT BE CAREFUL IN THE MIDTRADE AS THERE MAY BE SOME PROFIT BOOKING IF NIFTY CLOSES ON THE POSITIVE FRONT TODAY IT MIGHT TAKE TO THE NEW HIGHS SO STAY INVESTED BUT KEEP A CLOSE WATCH IN THE MID TRADE. FOR NIFTY IF IT SUSTAINS ABOVE 4800 THAT IS GOOD FOR NIFTY AND IF NIFTY BREAKS 4819 AND TRADES THEN IT HAS STRONG RESISTANCE AT 4876 AND IF NIFTY CLOSES ON THE POSITIVE NOTE THEN IT IS GOOD FOR THE MARKET ON THE POSITIVE FRONT AND ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 4783 THEN IT HAS SUPPORT ONLY AT 4741 AND BREAK BELOW THIS WILL LEAD NIFTY TO 4705 AND IF IT CLOSES BELOW 4705 THEN YOU CAN SEE 4662. KEEP A WATCH ON EDUCATION STOCKS AND FINANCIAL STOCKS.
BUY ICICI BANK SL 774 TGT 799

BUY STER SL 704 TGT 715

BUY TATAMOTORS SL 564 TGT 574

BUY NAGARJUNA CONST SL 138 TGT 145/148

BUY MOTILAL OSWASL SL 162 TGT 172/175

BUY EVERONN SL 385 TGT 400/405

INTRADAY TIPS FOR 07 SEPTEMBER 2009

GOOD MORNING!!!
STRONG GLOBAL CUES WITH POSITIVE EUROPEAN MARKETS AND ASIAN MARKETS EXTENDING GAINS IN LATE TRADE TRIGGERED A SOLID RALLY ON THE LOCAL BOURSES, HELPING THEM BREAK THEIR FOUR-DAY DECLINING TREND. KEY BENCHMARK INDICES RALLIED IN LATE TRADE ON BUYING DEMAND FOR AUTO, METAL AND CAPITAL GOODS AFTER STARTING THE DAY ON A SOFT NOTE.. THE MARKET BREADTH WAS STRONG WITH SMALL AND MID-CAP SHARES ALSO PARTICIPATING IN THE RALLY. ALL THE SECTORAL INDICES EDGED HIGHER. THE EMPLOYEES' PROVIDENT FUND ORGANISATION (EPFO) IS LOOKING FOR OPTIONS TO PARK 3-5% OF ITS CORPUS OF RS 2.57 LAKH CRORE OF RETIREMENT FUND IN STOCK MARKETS TO EARN BETTER RETURNS. DIRECT TAX COLLECTIONS BY THE GOVERNMENT GREW TO RS 87,888 CRORE FOR THE FIRST FIVE MONTHS OF THE CURRENT FISCAL, A 4.12% GROWTH WHICH IS ATTRIBUTED TO TAX REFUNDS PAID DURING THE PERIOD. THE DIRECT TAX MOP-UP IN AUGUST 2009 WAS RS 13,898 CRORE AGAINST RS 12,761 CRORE IN THE YEAR-AGO PERIOD. FRIDAY’S GAINS WERE ALSO BOOSTED BY A RESEARCH REPORT FROM A FOREIGN BROKERAGE HOUSE WHICH INDICATED THAT THE BENCHMARK INDICES BSE SENSEX COULD HIT THE 50,000 MARK IN NINE YEARS ON MORE GROWTH IN FISCAL YEAR 2011. THE PACE FOR THE GAIN WILL DEPEND ON ECONOMIC GROWTH, INTEREST RATES, INFLATION AND THE SUCCESS OF THE NATION'S INFRASTRUCTURE AND FISCAL CONSOLIDATION EFFORTS, THE RESEARCH REPORT SAID.
TODAY MARKET WOULD OPEN ON THE POSITIVE FRONT AND MAY TRY TO BREAK THE CRUCIAL RESISTANCE BARRIERS OF LAST FEW MONTHS PEAK I.E., 4750. IF THIS LEVEL IS BROKEN AND ANY CLOSE ABOVE THIS POINT WOULD TAKE NIFTY TO NEW HIGHS BUT ONE SHOULD HAVE A CLOSE VIGIL ON THE UPSIDE. IF NIFTY TRADES ABOVE 4713 YOU CAN SEE NIFTY TO FACE RESISTANCE AROUND 4750 AND IF THIS LEVEL IS BROKEN WITH GOOD VOLUMES THEN YOU CAN SEE IT TO NEW HIGHS AND ANY CLOSE ABOVE THIS POINT IS ADVISED TO STAY ON THE LONG SIDE. ON THE NEGATIVE SIDE OF THE NIFTY IF IT TRADES BELOW 4690 THEN WE CAN SEE NIFTY TO FACE SUPPORT AT 4652 LEVELS, BREAK BELOW THIS LEVEL WOULD LEAD NIFTY 4612. IF NIFTY CLOSES BELOW 4581 STAY AWAY FROM LONGS. OVERALL HEALTH OF THE MARKET TURNED POSITIVE SO ADVISED TO ACT SMARTLY ON THE SHORT SIDE.
BUY HEROHONDA SL 1596 TGT 1650/1684
BUY JSWSTEEL ABOVE 695 SL 689 TGT 704/709/718
BUY VOLTAS SL 150.85 TGT 157/160
BUY IDBI SL 104.90 TGT 107/109/112
BUY UNITECH SL 105.90 TGT 109/112
SELL M&M AT 876 SL 881 TGT 856/846/836

SELL PANTALOON SL 318.6 TGT 311/307

INTRADAY TIPS FOR 04 SEPTEMBER 2009

GOOD MORNING!!!

INDICES EXTENDED LOSSES FOR FOURTH STRAIGHT TRADING SESSIONS BUCKING FIRM GLOBAL STOCKS ON WORRIES A SURGE IN FOOD PRICES MAY STOKE INFLATIONARY PRESSURES IN THE ECONOMY. INDEX HEAVYWEIGHTS RELIANCE INDUSTRIES AND L&T LOST GROUND. ANOTHER HEAVYWEIGHT ICICI BANK REVERSED INTRADAY GAINS IN CHOPPY TRADE. CAPITAL GOODS, AUTO, OIL AND GAS AND FMCG STOCKS FELL. THE MARKET BREADTH, INDICATING THE OVERALL HEALTH OF THE MARKET, WAS SLIGHTLY POSITIVE, WEAKENING FROM EARLIER STRONG BREADTH. A BOUT OF VOLATILITY WAS WITNESSED EARLIER IN THE DAY AS THE MARKET RECOVERED AFTER FALLING INTO THE RED FOR A BRIEF PERIOD FOLLOWING AN INITIAL SURGE TRIGGERED BY FIRM ASIAN STOCKS. THE MARKET HELD POSITIVE ZONE AMID RANGE BOUND TRADE LATER. ANALYSTS ARE CONCERNED THAT A SHARP SURGE IN FOOD PRICES IN THE PAST FEW DAYS DUE TO SCANTY RAINS MAY STOKE INFLATIONARY PRESSURES IN THE ECONOMY. INTEREST RATES COULD RISE ON HIGHER INFLATION WHICH IN TURN MAY IMPACT A NASCENT ECONOMIC RECOVERY AND CORPORATE PROFITS.

TODAY MARKETS MAY BE RANGE BOUND IF NIFTY TRADES BELOW 4572 THEN IT IS LIKELY TO GO TO 4527 AND THEN TO 4500 MARKETS WOULD BOUNCE FROM THE THESE LEVELS BUT IF THEY DON’T THEN WE CAN SEE NIFTY TO MOVE UP IF 4527 AND 4500 LEVELS ARE NOT BREACHED SO ONE CAN TAKE LONGS KEEPING THIS AS STOPLOSS AND ON THE UPFRONT IF NIFTY TRADES ABOVE 4616 THEN WE CAN SEE NIFTY TO FACE RESISTANCE AT 4650 AND IF NIFTY CROSSES 4660 THEN WE CAN SEE NIFTY TO MOVE FURTHER HIGHS AND ONE CAN RETAIN LONGS AND INITIATE FRESH LONGS ABOVE 4660.

BUY ADLABS SL 334 TGT 348/355
BUY ALOK INDS SL 21.9 TGT 24.5/26
BUY EDUCOMP SL 4200 TGT 4307/4454
POSITIONAL TRADES
BUY RPOWER SL 135 TGT 245
BUY PTC SL 79 TGT 112
BUY PRISM CEMENTS SL 49 TGT 70
BUY PETRONET LNG SL 66 TGT 93
BUY HANUNG TOYS SL 68 TGT 96
BUY TV TODAY NETWORK SL 81 TGT 116

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)