Wednesday, April 20, 2011

INTRADAY TIPS FOR 20 APRIL 2011



GOOD MORNING!!!




INDICES STARTED THE DAY ON A CAUTIOUS NOTE TRACKING THE ASIAN INDICES WHICH CRUMBLED IN THE MORNING TRADE, FOLLOWING THE OVERNIGHT PLUNGE ON WALL STREET AFTER S&P RAISED CONCERN ABOUT US’ DEBTS AND AFTER S&P’S WARNING TO DOWNGRADE US CREDIT RATING FROM AAA AND REVISION IN ITS CREDIT OUTLOOK TO NEGATIVE. INDICES WENT THROUGH AN EXTREMELY UNSTABLE SESSION OF TRADE, THE FRONT LINE STOCKS LACKED CONVICTION RIGHT FROM THE INITIAL MOMENTS OF TRADE AND WENT AHEAD TO HIT THE LOW POINT OF THE DAY IN THE MID MORNING SESSION. AFTER HITTING INTRADAY LOWS THE INDICES SOON HIT INTRADAY HIGH LEVELS WITHIN AN HOUR BUT FAILED TO CAPITALIZE ON THE MOMENTUM AMID HIGH VOLATILITY. THEREAFTER, THE BOURSES CONTINUED TO GYRATE AROUND THE NEUTRAL LINE TO EVENTUALLY SNAP THE SESSION IN THE GREEN ZONE WITH MARGINAL GAINS. BREADTH OF THE MARKETS REMAINED NEGATIVE





TODAY MARKETS WOULD OPEN POSITIVE AND RANGEBOUND. IF NIFTY TRADES ABOVE 5765 THEN LIKELY TO MOVE UP TO 5802 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5832 LEVELS AND THIS WOULD ACT AS GOOD RESISTANCE IN THE MARKETS. ON THE FLIP SIDE IF NIFTY TRADES BELOW 5750 THEN LIKLEY TO COME DOWN TO 5718 AND BREAK BELOW THIS POINT WOULD DRAG NIFTY TO 5700 AND ANY BREAK BELOW 5700 WOULD TAKE NIFTY TO 5674 AND THEN TO 5600 LEVELS. ONE HAS TO BEAR IN MIND THAT NIFTY MAY NOT REALLY COME DOWN BELOW 5600 LEVELS ONE CAN START ACCUMULATING ON EVERY DECLINE FROM HERE ON AS WE MAY LIKLEY TO INCH HIGHER. WE HAVE SEEN VERY STOCK SPECIFIC MOVES IN THE MARKETS IN THE LAST COUPLE OF SESSIONS WHICH WOULD REMAIN THE SAME IN THE MARKETS FOR A BRIEF PERIOD OF TIME TILL THE RESULTS ARE FULLY OUT AS INVESTORS AS LITTLE APPREHENSIVE.



BUY DCB SL 61 TGT 63.80/65/67
BUY SUBEX AZURE SL 71.75 TGT 74/76/79
BUY KEI INDS SL 29.40 TGT 30.80/31.25/31.90

Tuesday, April 19, 2011

INTRADAY TIPS FOR 19 APRIL 2011



GOOD MORNING!!!


MARKETS STARTED THE DAY ON A POSITIVE NOTE TRACKING THE ASIAN INDICES WHICH MOSTLY TRADED IN GREEN ZONE AS INVESTORS SHRUGGED OFF UNPLEASANT REPORTS OF YET ANOTHER ANTI-INFLATIONARY MOVE BY CHINA, INDICES WERE ENERGETIC AS LEADS FROM THE US REMAINED OPTIMISTIC. AFTER THE FLAT START THE BENCHMARKS CAPITALIZED ON THE INITIAL MOMENTUM ON THE BACK OF SUSTAINED BUYING ACROSS THE BOARD. HOWEVER, THE INDICES TOOK A SHARP U-TURN AFTER TOUCHING RESISTANCE LEVELS OF 5,920, MARKET PARTICIPANTS RESORTED TO BROAD BASED POSITION SQUARING ON THE BACK OF MOUNTING INFLATIONARY PRESSURE WHICH THEY FELT WILL FORCE RBI TO ADOPT MORE AGGRESSIVE STANCE IN ITS ANNUAL MONETARY POLICY REVIEW MEET ON MAY 3RD. ABSENCE OF SUPPORTIVE LEADS FROM THE MARKETS ACROSS THE GLOBE TOO DID NO GOOD FOR THE LOCAL SENTIMENTS. THE WILT IN INTERNATIONAL CRUDE OIL PRICES BECAUSE OF DEMAND SIDE WORRIES TOO WENT UNNOTICED AS INVESTORS CONTINUED TO BOOK PROFIT AND PUNISHED THE TECHNOLOGY BELLWETHER INFOSYS FOR THE SECOND STRAIGHT DAY FOR ITS DISAPPOINTING EARNINGS AND GUIDANCE FOR FY12. WHILE PROFIT BOOKING IN BANKING HEAVYWEIGHT STOCK LIKE HDFC BANK AHEAD OF ITS QUARTERLY EARNINGS ANNOUNCEMENT LATER IN THE DAY LED TO PROFIT BOOKING IN OTHER BANKING MAJORS AND WITH THE ABSENCE OF ANY SHORT COVERING RALLY, THE BOURSES CONTINUED THEIR FREEFALL ONLY TO SETTLE AROUND THE LOWER LOWS OF THE DAY THE BREADTH OF THE MARKET REMAINED NEGATIVE AND CLOSED MUCH BELOW THE SUPPORT LEVELS.




TODAY MARKETS WOULD OPEN NEGATIVE TRACKING THE GLOBAL CUES. IN THE LAST TRADING SESSION WE HAVE SEEN THAT NIFTY HAS BROKEN THE CRUCIAL SUPPORT WHERE NIFTY LIKELY TO TRAVEL DOWN TO 5660 LEVELS ON THE BROAD LINES. ON INTRADAY PERSPECTIVE IF NIFTY TRADES BELOW 5725 THEN LIKELY TO COME DOWN TO 5660 LEVELS AND BREAK BELOW 5660 WE WOULD TRAVEL DOWN TO 5630 LEVELS AND WE MAY TAKE MAJOR SUPPORT AT 5600 LEVELS IF NIFTY BREAKS DOWN 5630. ON THE FLIP SIDE IF NIFTY TRADES ABOVE 5760 ONE CAN TAKE LONG POSITION ON INTRADAY FRONT FOR A TARGET OF 5796 AND THEN BREAK ABOVE THAT POINT WOULD TAKE IT TO 5845. LAST DAY WE HAVE WITNESSED HUGE SELLING WITH GOOD VOLUMES SO ONE HAS TO BE CAUTIOUS TAKING LONG POSITIONS.

Monday, April 18, 2011

INTRADAY TIPS FOR 18 APRIL 2011



GOOD MORNING!!!




A BREAK WITH A NASTY BLOW IN INDICES LED BY DREADFUL INFOSYS RESULTS, THE FLAVOR OF A HECTIC EARNING SEASON TURNED BITTER RIGHT FROM THE VERY START AND THE FRONTLINE INDICES TOOK A BLOW AFTER IT BELLWETHER INFOSYS REPORTED BELOW EXPECTATION QUARTERLY EARNINGS AND GAVE EVEN LOWER THAN EXPECTED EPS GUIDANCE FOR FY12. MATTER GOT EVEN WORSE WITH THE RELEASE OF SCARY MARCH MONTH INFLATION NUMBERS WHICH SPIRALED TO 8.98% FROM 8.31% IN THE PREVIOUS MONTH, CASTING A GLOOMY SHADOW OVER THE ECONOMY’S OUTLOOK. SURGE IN INFLATION NUMBERS HAS INCREASED THE TROUBLE OF POLICY MAKERS AND THE RBI IS EXPECTED TO ADOPT MUCH MORE AGGRESSIVE STANCE IN ITS ANNUAL MONETARY POLICY REVIEW MEET ON MAY 3RD. IT IS EXPECTED THAT THIS TIME AROUND IT MAY NOT JUST TAKE BABY STEPS BY HIKING BENCHMARK RATES BY JUST 25 BPS INSTEAD IT COULD BITE THE BULLET AND HIKE RATES BY 50 BPS TO COOL THE SPIRALING INFLATION WHICH HAS VEHEMENTLY HOVERED AT ELEVATED LEVELS FOR A LONG TIME NOW. IT WAS ALL-IN-ALL A ROLLERCOASTER RIDE THROUGHOUT THE WEEK WITH UPS AND DOWNS IN THE MARKETS BUT CLOSED IN A NEGATIVE BIAS AT THE END OF THE WEEK. BREADTH OF THE MARKETS REMAINED VERY WEAK AND CLOSED BELOW THE PSYCHOLOGICAL LEVELS.




TODAY MARKETS WOULD OPEN NEGATIVE WITH RANGE BOUND BUT WOULD CONTINUE TO REMAIN UNDER PRESSURE WITH RESULTS STARTING IN A VERY BEARISH NOTE AND WE MAY SEE STOCK SPECIFIC MOVES AHEAD OF THE WEEK WITH THE RESULTS BUT IF WE WITNESS ANY NEGATIVE NEWS IN THE RESULT FROM THE FRONT END COUNTERS WE MAY SEE ANOTHER GREAT RALLY OF SELL-OFF, CURRENTLY MARKETS ARE AT A STAGE OF PANIC WITH THE INFOSYS BLOW IN THE MARKETS FOLLOWED BY YET AGAIN THE OLD TRIPLE I’S VIZ. IIP NUMBERS, INFLATION AND INTEREST RATES WHICH WOULD CONTINUE TO PRESSURIZE THE MARKETS IN THE WEEK AHEAD WITH INVESTORS WOULD RESORT TO BROAD BASED PROFIT BOOKING WITH IIP NUMBERS AND INFLATION FIGURES. IF NIFTY TRADES BELOW 5796 THEN LIKELY TO DIP DOWN TO 5750 LEVELS AND ANY BREAK BELOW THIS POINT WOULD DRAG NIFTY TO FURTHER LOWS AND WEAKEN THE IMMEDIATE TREND IN THE MARKET AND WOULD DRAG NIFTY TO LEVELS MUCH BELOW 5660 LEVELS. ON THE FLIP SIDE IF MARKETS TRADE ABOVE 5860 LEVELS ONLY THEN ONE CAN LOOK AT OPENING A LONG POSITION ON THE INTRADAY TERMS AND IF IT MOVES ABOVE 5860 LEVELS THEN LIKELY TO MAKE ITS JOURNEY TO 5890 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5920 LEVELS, ONE CAN RETAIN LONGS IF NIFTY TRADES CLOSES ABOVE 5900 LEVELS AND ON THE NEGATIVE SIDE IF NIFTY CLOSES BELOW 5785 LEVELS THEN ONE CAN SEE NIFTY TO SLIDE DOWN FURTHER AND ONE CAN HOLD THE POSITIONS OVERNIGHT.




BUY HEROHONDA SL 1824 TGT 1845/1863/1890


BUY UFLEX SL 183 TGT 190/195/199


BUY FEDERAL BANK SL 443 TGT 450/454/457

Friday, April 15, 2011

INTRADAY TIPS FOR 15 APRIL 2011

GOOD MORNING!!!




MARKETS OPENED ON A WEAK NOTE AS LEADS REMAINED SUBDUED FROM THE ASIAN MARKETS WHERE MOST INDICES TRADED BELOW THE NEUTRAL LINE TRACKING DISCOURAGING CUES FROM THE OVERNIGHT US MARKETS WHICH PLUNGED ON THE BACK OF RISING CONCERNS OVER JAPANESE NUCLEAR CATASTROPHE AND ALSO BECAUSE OF THE UNANTICIPATED DROP IN US EXPORTS. SELLING PRESSURE IMMEDIATELY GOT ARRESTED AFTER THE WEAK START AS INVESTORS OPTED TO PILE UP POSITIONS IN THE BEATEN DOWN RATE SENSITIVE AND CAPITAL GOODS COUNTERS. HOWEVER, BUYING GATHERED GREATER MOMENTUM IN RATE SENSITIVE COUNTERS LIKE AUTO AND BANKING AND IT COMPANIES ALONG WITH OTHER BLUE CHIP STOCKS IN THE SECOND HALF OF TRADE AND THE INDICES SAILED BEYOND VARIOUS PSYCHOLOGICAL LEVELS ON THE UPSIDE. EVENTUALLY, THE UPWARD JOURNEY HALTED AROUND THE HIGH POINT OF THE DAY ABOVE THE CRUCIAL 5,900 LEVELS. MARKETS REGISTERED STRONG VOLUMES ALONG WITH THE BREADTH WHICH REMAINED HIGHLY OPTIMISTIC TODAY MARKETS WOULD OPEN SLIGHTLY NEGATIVE AND TRADE RANGE BOUND. IF NIFTY TRADES 5920 THEN LIKELY TO MAKE ITS DOWNWARD JOURNEY TO 5874 LEVELS AND BREAK BELOW THIS POINT WOULD DRAG NIFTY FURTHER DOWNSIDE TO 5830 LEVELS AND ANY BREAK WOULD TAKE DOWN TO 5800 AND ANY BREAK BELOW 5800 ONE CAN RETAIN SHORTS FOR THE NIFTY TO SLIDE FURTHER IN THE NEXT FEW SESSIONS. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5950 LEVELS LIKELY TO MAKE ITS JOURNEY TOWARDS 6000 LEVELS AND BREAK AND TRADE ABOVE THIS POINT WOULD TAKE NIFTY TO 6043 LEVELS AND THEN TO 6070 LEVELS AND ANY CLOSE ABOVE 6000 LEVELS WOULD TAKE NIFTY TO 6122 LEVELS.

Wednesday, April 13, 2011

INTRADAY TIPS FOR 13 APRIL 2011

GOOD MORNING!!!




MARKETS STARTED THE DAY ON A WEAK NOTE TRACKING SUBDUED LEADS FROM THE ASIAN MARKETS MOST MARKETS HAVE COME OFF THE DAY’S HIGH LEVEL ON THE BACK OF PROFIT BOOKING AHEAD OF THE QUARTERLY CORPORATE EARNINGS ANNOUNCEMENTS. AFTER THE WEAK START SELLING PRESSURE GATHERED GREATER FORCE AFTER GOVERNMENT RELEASED WEAKER THAN EXPECTED FEBRUARY IIP NUMBERS WHICH GREW AT A TEPID PACE OF 3.6%, TRIGGERING HEAVY SELL-OFF IN CAPITAL GOODS COUNTER. WHILE THE MARGINAL WILT IN INTERNATIONAL CRUDE OIL PRICES WHICH SPIRALED AT UNCOMFORTABLE LEVELS TOO FAILED TO ENTHUSE THE LOCAL MOOD AS PROSPECT OF LONG-TERM SUPPLY CUTS IN CRUDE OIL UNDERMINED SENTIMENTS. INVESTORS AND TRADERS FEARED THAT RISING OIL PRICES WOULD LEAD TO HEIGHTENED INFLATIONARY PRESSURE WHICH IN TURN WILL COMPEL THE RBI TO TAKE STERN POLICY ACTIONS IN ITS ANNUAL MONETARY POLICY REVIEW MEET NEXT MONTH. THE FRONTLINE INDICES FAILED TO SHOW ANY KIND OF RESILIENCE THEREAFTER AND TRADED NEGATIVE. THE MARKETS SAW POSITION SQUARING THROUGH THE DAY AND EVENTUALLY FINISHED THE DAY’S TRADE AROUND THE DAY’S LOW LEVEL. MARKET BREADTH REMAINED NEGATIVE.


TODAY MARKETS WOULD OPEN NEGATIVE AND CONTINUE TO TRADE ON THE NEGATIVE BIAS. IF NIFTY TRADES BELOW 5800 THEN LIKELY TO COME DOWN TO 5775 AND THEN TO 5750 LEVELS AND ANY BREACH BELOW 5750 WOULD DRAG NIFTY DOWN TO 5695 LEVELS. ONE HAS TO BE CAREFUL AT 5700 LEVELS AS NIFTY LIKELY TO TAKE SUPPORT AROUND THIS LEVELS BUT IF NIFTY CLOSES BELOW THIS POINT THEN WE CAN SEE NIFTY TO COME DOWN TO 5676 LEVELS. ON THE FLIP SIDE IF NIFTY TRADES ABOVE 5811 THEN LIKELY TO MOVE UP TO 5848 LEVELS AND IF NIFTY TRADES ABOVE 5850 THEN THE ENTIRE DYNAMICS OF THE MARKETS CHANGE AND WILL TURN POSITIVE. IF NIFTY CLOSES ABOVE 5850 ONE CAN RETAIN LONGS FOR THE NEXT DAY.

Monday, April 11, 2011

INTRADAY TIPS FOR 11 APRIL 2011

GOOD MORNING!!!




MARKETS STARTED THE DAY ON A FLAT NOTE AFTER THREE CONSECUTIVE DAYS OF CONSOLIDATION, SENSE OF WEAKNESS FINALLY GOT TRICKLED IN TO THE LOCAL MARKETS WITH REAL SIGNS OF PROFIT BOOKING EMERGING ON THE LAST TRADING DAY OF THE WEEK. INVESTORS OVERLOOKED THURSDAY'S 7.1 MAGNITUDE AFTERSHOCK IN JAPAN AS THEY EXPECTED THAT DAMAGE DUE TO THE NATURAL CALAMITY WOULD BE LESS THAN INITIALLY FEARED. THE MARKETS TRADED IN THE GREEN ZONE FOR A BRIEF PERIOD AND DRIFTED INTO THE NEGATIVE TERRITORY SOONER THAN LATER AS THE INDICES MET WITH SEVERE RESISTANCE AT PSYCHOLOGICAL LEVELS. THE BOURSES MADE A DESPERATE ATTEMPT TO RISE ABOVE THE NEUTRAL LINE IN THE NOON TRADES BUT FAILED MISERABLY AS THEY WENT AHEAD TO MAKE FRESH INTRADAY LOW LEVELS IN THE LATE HOURS. SELLING PRESSURE IN HEAVYWEIGHTS GATHERED FORCE AFTER BRENT CURDE PRICES SURGED ABOVE $124 PER BARREL LEVEL, ADDING OVER A PERCENT POINT IN THE SESSION, ON REPORTS THAT FIERCE FIGHTING IN LIBYA DAMAGED THE COUNTRY'S LARGEST OIL FIELD EMERGED. THE REPORTS BUTTRESSED INTERNATIONAL OIL PRICES WHICH LED TO POSITION SQUARING ACROSS THE BOARD AS PROSPECT OF LONG-TERM SUPPLY CUTS IN CRUDE OIL UNDERMINED LOCAL MOOD AS INDIA IS DEPENDENT ON IMPORTS OF OIL TO THE EXTENT OF AROUND 80%. BOURSES FEARED THAT RISING OIL PRICES WOULD LEAD TO HEIGHTENED INFLATIONARY PRESSURE WHICH IN TURN WILL COMPEL THE RBI TO TAKE POLICY ACTIONS IN ITS ANNUAL MONETARY POLICY REVIEW MEET NEXT MONTH. HOWEVER, LATE SHORT COVERING BY INVESTORS HELPED THE BENCHMARKS TO CLAW BACK TO SOME EXTENT AFTER TOUCHING THE LOW POINT OF THE DAY TO EVENTUALLY SNAP YET ANOTHER SESSION IN THE RED TERRAIN. MARKET BREADTH TURNED NEGATIVE.


TODAY MARKETS WOULD OPEN NEGATIVE AND CONTINUE TO REMAIN ON THE NEGATIVE TERRITORY AND MAY WEAKEN ON THE CONCERNS OF OIL PRICES AS THEY ARE INCHING HIGHER AND HIGHER WHICH WILL PUT LOT OF PRESSURE ON THE INFLATION WHICH WILL IN TURN PAVE WAY TO THE REVIEW IN MONETARY POLICY, MARKETS MAY TAKE A CONSERVATIVE STAND FROM HERE ON AS THE INFLATION PRESSURE WILL HAUNT THE STREETS VERY BADLY FROM HERE ON TILL THE TIME CRUDE DOESN’T COOL. IF NIFTY TRADES BELOW 5872 ONE CAN STAY SHORT AND FOR A TARGET OF 5827 AND BREAK BELOW THIS LEVEL WOULD DRAG NIFTY DOWN TO 5800 AND BREACH BELOW THIS LEVEL WOULD DRIFT DOWN TO 5765 LEVELS. ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5885 THEN ONE CAN INITIATE LONGS FOR A TARGET OF 5908 AND THEN TO 5921 AND 5944 WHICH IS REMOTE FOR TIME BEING. STAY CAUTIOUS IN THE MARKETS FOR TAKING LONG POSITIONS AS THIS IS NOT THE IDEAL TIME TO DO SO, WE MAY SEE ONLY STOCK SPECIFIC ACTIVITY ON THE UP MOVE ONLY ON THE BASIS OF RESULTS. IIP NUMBERS MAY CHANGE THE DIRECTION AT ONE STAGE BUT MAY NOT HOLD TO THE MAXIMUM, IIP NUMBERS EXPECTED TO BE POSITIVE FOR THE STREET.


BUY ESSAR OIL SL 138 TGT 143/145/149


BUY SUZLON ABOVE 55.30 SL 55 TGT 56.30/57/58

Friday, April 8, 2011

INTRADAY TIPS FOR 08 APRIL 2011

GOOD MORNING!!!


INDICIES OPENED ON A FLAT NOTE TRACKING LEADS FROM ASIAN INDICES WHICH WERE TRADING MIXED AS INVESTORS REMAINED ON SIDELINES SEEING THE MODEST RISE IN THE WALL STREET AS CONCERNS OVER SPIRALING CRUDE OIL PRICES WHICH TRIGGERED HIGHER. INDICES CONTINUED TO TRADE ON A SOMBER NOTE THROUGH THE FIRST HALF BUT MADE A DESPERATE ATTEMPT TO RISE ABOVE THE NEUTRAL LINE IN AFTERNOON SESSION TRACKING THE POSITIVE OPENING OF THE EUROPEAN PEERS. HOWEVER, THE INDICES SOON DRIFTED INTO THE RED ZONE AFTER TOUCHING THE HIGHPOINT OF THE DAY IN THE MID AFTERNOON SESSION AS CAUTIOUS INVESTORS CHOSE TO BOOK PROFITS AT HIGHER LEVELS. FINALLY, THE BOURSES FAILED TO KEEP THEIR HEAD ABOVE THE WATER FOR YET ANOTHER SESSION AND SETTLED WITH MARGINAL LOSSES BELOW THE PSYCHOLOGICAL 5,900. THOUGH THE BREADTH OF THE MARKETS WERE EXTREMELY POSITIVE THE VOLUMES WERE ON LOWEST IN THE LAST FEW MONTHS.




TODAY MARKETS WOULD OPEN FLAT AND REMAIN IN A NARROW RANGE. WE MAY SEE NIFTY TO REMIAN VERY VOLATILE AND RANGE BOUND AND IF THERE IS ANY FURTHER SURGE IN THE OIL PRICES AND ANY REVIVAL IN CREDIT POLICY BY RBI THEN WE MAY WITNESS SOME SELLING ALONG WITH SOME PROFIT BOOKING IN THIS FAST RALLY. EVEN WITH NEWS LILKE SURGING OIL PRICES AND OTHERS MAY NOT PUT INDICES IN A DEEP TROUBLE AS WE HAVE BEEN NOTICING THAT CONSISTENT FOREIGN FUND INFLOW, SECOND CONSECUTIVE DROP IN INDIA’S WEEKLY FOOD INFLATION NUMBERS AND EXPECTATIONS OF UPBEAT QUARTERLY EARNINGS PERFORMANCES BY HEAVYWEIGHTS COMPANIES IN FOURTH QUARTER LIMITED THE DOWNSIDE RISKS FOR THE FRONTLINE INDICES TO THE MAXIMUM EXTENT. IF NIFTY TRADES BELOW 5898 THEN LIKELY TO COME DOWN TO 5886 AND THEN TO 5867 AND ANY FURHTER BREACH BELOW THIS POINT WOULD TAKE NIFTY TO 5850 LEVELS, IF NIFTY CLOSES BELOW 5867 THEN ONE CAN RETAIN SHORTS OVER NIGHT. ON THE FLIP SIDE IF NIFTY TRADES ABOVE 5918 LEVELS THEN LIKELY TO MAKE AN UPMOVE TO 5936 AND THEN TO 5950 LEVELS ONE HAS TO STAY CAUTIOUS ON THE UPSIDE FOR TIME BEING THOUGH WE MAY WITNESS STOCK SPECIFIC MOVES TO TAKE PLACE. FERTILIZERS LOOK GOOD.




BUY MIC SL 27.60 TGT 29.25/30/30.75


POSITIONAL TRADES


BUY CHAMBALFERT TGT 100


BUY UNITECH TGT 65


BUY GMR INFRA TGT 55


BUY ABAN TGT 850


BUY BIOCON TGT 450


BUY BATA (I) TGT 550


BUY JP POWER TGT 65