Intraday Stock Tips : Stock Tips For 02nd, Aug'10

Intraday Stock Tips For Mon (02nd, Aug'10)  

Sterlite Industries (India) Ltd.
Buy above 175 for target of Rs 182-190 and stoploss of Rs 170.

ABB Ltd.
Sell around 800 for target of Rs 780-760 and stoploss of Rs 820.

Central Bank of India
Buy in the range of 165-170 for target of Rs 178-190 and stoploss of Rs 162.

Continue reading →

Technical Views On Markets For Monday

On the basis of Technical views Nifty has breached the support level of 5,380 and descended down to close at 5,367 after breaching the vital 15 Days SMA(Simple Moving Average) level. Today Nifty closed below the vital levels of 9 & 15 Days SMA placed at 5,409 and 5,401, which doesn't indicate a good sign for Indian Market. For upcoming trading session 5,238 and 5,215 levels may act as new support.  Nifty Charts and reports are giving the signals for limited downward movement in the coming sessions. 5,350 may act as an important support level for Nifty to maintain its positive tempo intact, and on the other hand 5410-5432 may act as resistance level for nifty on Monday.

The BSE Sensex should find supports at 17,795 -17,720 and resistances at 18,020 and 18,150. 

Continue reading →

Stocks To Watch

IRB Infra Is Likely To Trade b/w 260-320

This is a very good stock in terms of investment, but in the near term, we do not see great moves here. We see sideways consolidation in the range of approximately Rs 320 on the upside and around Rs 260 on the downside.

Textiles To Trade Positive
Textiles is something where one can expect are positive on. The set of results have all been good. It is not a very widely tracked space; frankly, it is not a tracked space at all. There are a few things going for the space. Clearly, the fact that Chinese workers have seen a bump up in their wages. Last year probably they did not get a wage increase, and hence, this year they got a more than 20% kind of an increase, which has made Indian cloth weavers, garmenters significantly more competitive than earlier.

Good To Avoid Telecom Sectors
There are numbers of news and activities that drive up and down interest in this sector. The whole space has seen a significant amount of re-rating from where it used to be sometime back, and as of now at current levels, I really do not believe that there is valuation comfort. The sector is at the upper end of the trading band and hence probably advisable to stay away from this space.

Continue reading →

Market Snapshot For The Week

It was an overall flat session for the market in this week, which traded in range bound for the most part of trading without giving a break-out on either side. Global Markets were not too much influenced Indian Markets, although, some volatilities were present due to domestic figures. Overall performances for the week are as follows:

• Sensex down 1.5% and Nifty also down 1.5%. C
• NX Midcap index down 0.1%, 
• BSE Smallcap index down 1% over the week. 
• BSE Realty index down 3.5%, 
• BSE Consumer Durables index up 0.4%, 
• BSE Metal index down 0.9%, 
• BSE IT index down 0.5% and BSE Auto index up 0.1%.

Continue reading →

Stocks Expected To Bullish and Bearish Today

Stocks Which are separated on the basis of there trends:

Stocks Expected To Bullish
ICICI Bank,  Bank of Baroda, Godrej, ITC, Axis Bank, Petronet, Allahabad Bank, HDFC, Infosys, Ultratech, ACC, L&T, APIL, Hindalco, Sterlite, TTML, OBC, IFCI.

Stocks Expected To Bearish
Reliance Infra, Ranbaxy, Kotak Bank, Reliance Capital, LIC Housing Finance, ONGC, IOC, Suzlon, Tata Communications, NALCO, Welspun Corp, Tech Mahindra, Rolta, UBI, Moser Baer.

Continue reading →

Intraday Stock Tips : Stock Tips For 30th, July'10

Sure Intraday Stock Tips For Fri (30th, July'10) 

Melstar Information Technology Ltd.
Buy at any price for the target of Rs 14+ and stoploss of Rs 10.

Modern Steels Ltd.
Buy above 32 for target of Rs 35-40 and stoploss of Rs 28.

Tokyo Plast International Ltd.
Buy above Rs 16 for target of Rs 19-22 and stoploss of Rs 14.

Central Bank of India
Hold Central Bank of India with target of Rs 162 and stop loss of Rs 149.

Continue reading →

Views and Prediction For The Stock Market Tomorrow (30th-July)

On the basis of daily technical chart, Nifty bounced after breaching the rising wedge price formation which indicates short term bearish trend in the market . The Nifty should face resistance near 5,450 & 5,485 level but it still indicates weakness in near term. A breakout above 5,450 only will be treated as the continuation of bearish view. Nifty spot below 5,400 should find support near 5,350 & 5,322 level. 

On an intraday basis, Nifty spot should find support near 5,380 & 5,362 level while the resistance will be at 5,438 & 5,450 level.

The Sensex should find supports at 17,840 and 17,790 and resistances at 18,170 and 18,250. 

Continue reading →

Intraday Stock Tips : Stock Tips For 29th, July'10

Sure Shot Intraday Stock Tips For Thursday (29th, July'10)

JK Sugar Ltd.
Buy above 28 for target of Rs 32-35 and stoloss of Rs 26.

Vardhman Industries Ltd.
Buy above 32 for target of Rs 36+ and stoloss of Rs 27.

Mah & Mah
Buy above 650 for target of Rs 672-690 and stoloss of Rs 636.

Jindal Steel
Sell Jindal Steel for target of Rs 620-610 and stoploss of Rs 642.

Continue reading →

Views and Prediction For The Stock Market Tomorrow (29th-July)

Tomorrow is the expiry day of derivative contracts (F&O Expiry) and the market is expected to be volatile in view of expiry of derivative contracts. Technically, Nifty charts suggest that short term indicators have come to overbought levels and this has caused some weakness to seep in. This would mean that the index may undergo a short term halt or correction, but the overall trend remains in a sound condition. A period of dull consolidation might be their for trading tomorrow.

If the crucial level of 5354 is not breached then another upmove possible which may or may not make a new high.

Continue reading →

Stocks Expected To Bullish and Bearish Tomorrow

Here are some stocks  separated according to their Bullish and Bearish natures for the market tomorrow (29th-July)

Stocks Expected To Bullish Tomorrow :

Sun Pharma, LIC Housing Finance, SBI, Infosys, Canara Bank, Tata Motors Bajaj Holding, MTNL,  Petronet, Kalyani Steel, KFA,  Shahyadri, Cummins, Godrej,  Titan, Adani, Everonn,  Aban.

Stocks Expected To Bearish Tomorrow :

RIL, L&T, Reliance Infra, Ranbaxy, Patni , Jubilant, Unitech,  DLF,  Jindal Steel, EKC, FT, Yes Bank, BHEL, HDIL, Moser Baer.

Continue reading →

Intraday Stock Tips : Stock Tips For 28th, July'10

Best Intraday Stock Tips For Wed (28th, July'10)

EID Parry (India) Ltd.
Buy @ 404 for target of Rs 410-415 and stoploss of Rs 400.

Jyothy Laboratories Ltd.
Buy in the range of 282-285 for target of Rs 292-300 and stoploss of Rs. 275.

Indian Bank
Buy above 227 for target of Rs 232-240 and stoploss of Rs 220.

Modern Steels Ltd.
Buy above 32 for target of Rs 35-40 and stoploss of Rs 30.

Continue reading →

Market Views : Stock Market Tomorrow (28th, July'10)

Market Views and Trading Strategies For The Market Tomorrow(28th-July)

For tomorrow the Indian market is expected to open on a positive note under the influence of US and European markets. The Nifty is likely to trade in the range of 5,400-5,460. 

Trading Strategy For Tomorrow : The trading strategy would be to create short positions if the Nifty resists at around 5,460 levels for targets of 5,435 and 5,415. On the other hand, one can also create long positions if the Nifty takes support at around 5,405 levels for the target of 5460 to 5500.

The Sensex should find supports at 17,980 and 17,860 and resistances at 18,210 and 18,350.

Continue reading →

Stocks Expected To Bullish and Bearish Today

Expected bullish stocks:
Allahabad Bank, Exide, IFCI, Mphasis, Infosys, TCS, ICICI Bank, LIC Housing Finance, HDFC BANK, M&M Financial, Bajaj Auto, Fortis, Sun Pharma, Lupin, ACC, Sesa Goa, BHEL, Bharti Airtel

Expected bearish stocks:
Maruti, SBI, Bhushan Steel, DLF, Reliance Capital, Bank Of India, Aditya Birla Nuvo, Biocon, L&T, BGR Energy, HDIL, Indian Bank, PATNI, JP Associates, Indiabulls Real Estate.

Continue reading →

Intraday Stock Tips; Stock Tips For 27, July'10

Intraday Technical Calls For Tuesday (27th, July'10)  

Cairn India
Buy above Rs 334 for target of Rs 340-350 and stop loss of Rs 326.

UCO Bank
Buy above Rs 94 for target of Rs 97-100 and stop loss of Rs 91.

Bajaj Auto
Buy it on rise with targets of Rs 2550 and 2580 and stop loss of Rs 2500.

Comment: The stock seems highly bullish and one could go for long it untill it close below 2480.

K S Oils
Buy above Rs 54 for target of Rs 58-64 and stop loss of Rs 48.

Comment:  The stock looks bullish above Rs 51 and a dip should be used to initiate a fresh long position.

Fortis Healthcare
Buy above Rs 156 for target of Rs 164-170 and stop loss of Rs 152.

Comment: The stock looks bullish above Rs 154 and a dip should be used to initiate a fresh long position.

Continue reading →

Market Technical Views For (27th, July)

It was a crucial day of trade in the Indian markets which appeared uncertain ahead of the RIL quarterly results and RBI credit policy tomorrow and therefore, traded volatile and weak.

Nifty Charts and Reports suggest that technically on Indicators front, the weakness still continues, but looking at price the chart reveals that the trend is still intact up as long as 5350 holds. For next trading session logical technical targets would be 5490-5515-5538.

The support level for the Nifty is 5350 and strong resistance at 5490-5515-5538           

The support for the Sensex is at 17850 and strong resistance at 18356-18420.

If the Nifty trade above 5405 then one could go for create long positions, while on the other hand if Nifty trade below 5405 then you are advisable to short your positions or go for sell. From a trading point of view I would stay long but have my eyes fixed on the crucial support of 5350. 

Continue reading →

Impacts Of European Bank Stress Test On Indian Markets

Impacts Of European Bank Stress Test On Indian Markets

The results of "stress tests" on 91 European banks have been announced by the Committee of European Banking Supervisors (CEBS) on 24th, July'10. European stress test organisers have said that total of seven of 91 banks have failed the test. It shows that French Banks are the healthiest banks in Europe. However on the home turf it is unlikely to have any major impact. According to Analyst and Experts the stress test results will play their part in the Indian markets it might behave differently from the other markets. In the recent months, Indian markets have been reacting to local news.

Report says that numbers from the local markets as well as the credit policy will probably play a more important role rather the stress test. The test shows whether banks passed or failed tests requiring them to have a 6% tier one capital ratio under scenarios of worsened economic conditions. It also shows their tier one ratio under the worst of those scenarios, which included a fall in the value of sovereign bonds they hold. In an effort to calm investors' jitters over the potential impact of the euro zone debt crisis on Europe's banking system, banking regulators assessed how 91 banks across Europe would cope with another economic downturn.

Get Latest Reports On Stock Market

Continue reading →

Intraday STock Tips ; Stock Tips For Monday (26th, July)

Best Intraday Stock Tips For Monday (26th, July'10) 

Crompton Greaves Ltd. (SL Triggered)
Buy above 294 for target of Rs 300-308 and stoploss of Rs 286.

Sesa Goa Ltd.
Buy above 368 for target of Rs 375-382 and stoploss of Rs 286.

HDFC Bank (Target Hit)
Buy on dips for target of Rs 2050-2080 and stoploss of Rs 2030.

Wipro (Target Hit)
Buy on dips for target of Rs 418-424 and stoploss of Rs 405.

Stock Of The Week : ICICI Bank (Target Hit)
Buy ICICI Bank above 920 with a target price of Rs 934-960 and stop loss of Rs 900.

Comment: ICICI Bank has closed above important resistance level of 910 so we recommend to buy the stock on confirmation of breakout if it closes above 920 for a target of 940-965 with stop loss placed below 900 on closing basis.

Continue reading →

Market Expected To Trade Positive : Nifty Likely To Touch 5500

Market views and best prediction for the stock market Monday (26th, July'10)  

For the second consecutive day, Nifty has managed to close above the 5,400 mark which shows a positive outlook for the market.  If the market goes like that, we may see Nifty could go above 5,500 before the July F&O expiry.

For the next trading week market is expected to follow bullish trend and could trade positive. It was overall a good week for the Indian markets which was able to break the nine-day trading range of the Nifty and managed to close above 5400.

The market would move under the influence of results and developments overseas. Stress test of European banks, which would be announced tonight, would influence the trade on Monday. Support for Nifty is around 5,300 levels. On the upside market can be expected to touch 5,500.

Continue reading →

Intraday Stock Tips : Stock Tips For 23rd, July'10

Best Intraday Stock Tips For Tomorrow (23rd, July'10)

Bharati Shipyard
Buy above Rs 236 for target of Rs 256-274 and stop loss of Rs 232.

Amtek Auto
Buy on dips with target of Rs 205-210 and stop loss of Rs 180

Union Bank of India (UBI)
Buy above Rs 320 for target of Rs 345 and stop loss of Rs 315.

Tata Motors
Buy above Rs 840 for target of Rs 846-860 and stop loss of Rs 834.

Jaiprakash Associates
Buy around Rs 130 for target of Rs 132-134-136 and stop loss of Rs 128.

Continue reading →

Market Views : Stock Market Tomorrow

Get market views and best prediction for the stock market tomorrow (23rd, July'10)  

It was a cheerful day for the Indian market which, pushed by strong European cues, and gave a new 30-month high closing for the Nifty, since February 2008. Finally, Nifty spot manage to break above the crucial 5,420 level indicating positive bias here. Bullish breakout with rise in volume also suggests strength in the market. Breakout above 5,420 level in Nifty spot should lead Nifty towards the next resistance of 5,485- 5,500 level while a breach below 5,420 will drag Nifty again to 5,350 level again.

On an intraday basis, Nifty spot should find (PIVOT) support near 5,420 & 5,393 level while the resistance will be at 5,468 & 5,495 level. The Sensex should find supports at 17,850 and 17,780 and resistances at 18,180 and 18,364.

Continue reading →

Stocks Expected To Bullish and Bearish Tomorrow

Stocks Which Are Looking Bullish and Bearish

 

Stocks Which Are Expected Bullish
Oil & Natural Gas Corporation (ONGC), ACC, Larsen & Toubro (L&T), Sterlite Industries, SAIL, Tata Steel, Ambuja Cements, Videocon Industries, Welspun Gujarat Stahl Rohren, Era Infra, M&M, Ackruti, Allahabad Bank, Dewan Housing, BPCL, Hindalco, National Aluminium Company, Hindustan Copper.

Stocks Which Are Expected Bearish
Siemens, BHEL, Renuka, Bajaj Hindustan, Balrampur Chini, Patni, Vijaya Bank, Maruti, HDFC, Axis Bank, Union Bank, Dr Reddy, REC, ABB, Tech Mahindra.

 

Track Your Stocks

Continue reading →

Intraday Stock Tips : Stock Tips For 22nd, July'10

Best Intraday Stock Tips For Tomorrow (22nd, July'10)

SAIL
Buy in the range of 200-205 for target of Rs 212-220 and stop loss of Rs 195.

Manappuram General Finance & Leasing
Buy above 80 for target of Rs 85-90 and stoploss of Rs 75.

Sterlite Technologies Ltd.
Hold Sterlite Technologies Ltd. for target of Rs 124-130.

DLF
Buy above Rs 325 for target of Rs 330-336 and stop loss of Rs 320.

JSW Steel
Buy above Rs 1,180 for target of Rs 1,188-1,200 and stop loss of Rs 1,170

Continue reading →

Market Views : Stock Market Tomorrow

Get market views and best prediction for the stock market tomorrow (22nd, July'10) 

Nifty witnessed the overvall volatile session after the flat opening in the morning. Overall it is holding the higher levels & maintaining the short term support of 5350 to 5355. Closing below this support zone may drag it till the lower levels of 5290 to 5300 in near term. I still recommend that traders may go for long in nifty future with the stoploss around 5345 for the targets of 5450, 5500 in near term.

The market opened on a positive note in view of good performance by US markets yesterday and positive cues from Asian markets. The market moved in a limited range. The trading session was choppy and ended the day in green. The number of advances was higher than the number of declines. Metal stocks were up today. It is expected that demand from China and Europe may not go down as sharply as was being apprehended.

For tomorrow Nifty may have a support at 5,343 and resistance at 5,437 and BSE Sensex has support at 17,798 and resistance at 18,105.

Continue reading →

Intraday Stock Tips; Stock Tips For 21st, Jul'10

Best Intraday Stock Tips For Tomorrow (21st, July'10)

RCOM
Sell below 190 for target of Rs 184-178 and stoploss of Rs 193.

Tata Coffee Ltd.
Buy above 470 for target of Rs. 480-486 and stoploss of Rs 459.

Videocon Industries
Buy above Rs 218 for target of Rs 222-230 and stop loss of Rs 212.

Bank of India
Buy above Rs 403 for target of Rs 410-420 and stop loss of Rs 396.

Phillips Carbon Black
Buy above Rs 211 for target of Rs 217-225 and stoploss of Rs 205.

Sterlite Technologies
Buy above Rs 114 for target of Rs 118-123 and stoploss of Rs 110.

Continue reading →

Market Outlook : Stock Market For Tomorrow

Get market views and best prediction for the stock market tomorrow (21st, July'10) 

The market is expected to be volatile and would move under the influence of results and developments overseas.  The consolidation phase is expected to continue with support around 5,300 levels.

The Nifty is likely to trade in the range of 5,350-5,420. The trading strategy would be to create short positions if the Nifty resists around 5,415 levels for targets of 5,390 and 5,365. On the other hand, one can also create long positions if the Nifty takes support at around 5,360-5340 levels.

Tracking global downbeat cues, the Nifty opened negative but buying soon emerged. This took the Nifty to the resistance area of 5,410-5,420.

Continue reading →

Intraday Stock Tips : Stock Tips For Tomorrow

Get best intraday stock tips for tomorrow (20th, July'10)

Petronet LNG
Buy near Rs 84-86 for target of Rs 90-94 and stop loss of below Rs 80.

Mahindra Ugine
Buy above 74 for target of Rs 80-85 and stoploss of Rs. 70.

Adani Enterprises
Buy Adani Enterprises futures with target of Rs 580 and stop loss of Rs 535.

OCL India
Buy OCL India above Rs 126 for target of Rs. 130-134 and stoploss of Rs. 121.

IFCI
Buy IFCI above 62 with target of Rs 66-70 and stop loss of Rs 57.

Cummins India
Sell near Rs 586-590 for target of Rs 575-560 and stop loss of above Rs 596.  

Continue reading →

Market Overviews : Stock Market For Tomorrow

Get market views and best prediction for the stock market tomorrow (20th, July'10)

The market is expected to be volatile and would move under the influence of results. The consolidation phase is expected to continue with support around 5,300 levels.

Nifty spot chart suggest that the market is trading in a sideways trend with 5,420 acting as a crucial supply level and 5,340 as a support zone. Nifty should face selling pressure below 5,420 level while downside support will be at 5,340 & 5,300 level. A breakout above 5420 will negate the earlier possibility and breakout could lead Nifty spot to 5,485 level. On an intraday basis, Nifty spot should find (PIVOT) support near 5,360 & 5,337 level while the resistance will be at 5,409 & 5,433 level.

Continue reading →

Intraday Stock Tips : Stock Tips For Mon 19th, July'10

Get here Best intraday stock tips For Mon 19th, July'10

JSW Steel 
Buy above 1105 with a target of Rs 1118-1130 and stop loss of Rs 1085.

Mphasis
Buy above 620 with target of Rs 628-640 and stop loss of Rs 610.

Bank Of Baroda
Buy above 630 with a target of Rs 745-760 and stop loss of Rs 720.

Kotak Bank
Buy  at 781.70 with a stop loss of 765 and a target of 796.0-810.

Aban Offshore
Sell  at 864.5 with a stop loss of 880 at 864.5 and a target of 848-829.

HDIL
Sell at 263.7 with a stop loss of 268 and a target of 258.7-254.

Bharti Airtel
Buy at 299.80 with a stop loss of 293.9 and a target of 306-312.

Continue reading →

Market Overviews : Stock Market For Next Week

Market Views For Next Trading Week (19th-24th, July'10)

Nifty again breached the level of 5,400 and closed near to it. This is a positive sign and now it may try to test 5,440 levels and if it can sustain this level then we may see a breakout which can take Nifty further up above 5500 plus levels. If that is the case, then stocks like Axis Bank, LT, TCS, HDFC, which are looking strong, can be the boosters for Nifty.

The markets had opened on a flat to positive note in the morning tracking global peers and moved into green but came down in the later part of the morning session. In the second part of the day we saw buying interest which took the Nifty above 5,400 levels but closed for the day in green near to the high.

Nifty would have a support at 5,327 and resistance at 5,398 and BSE Sensex has support at 17,765 and resistance at 17,982.

Continue reading →

Intraday Stock Tips : Stock Tips For Tomorrow (16th, July'10)

Get best intraday stock tips for Fri 16th, July'10

Axis Bank (Target Hit)
Buy Axis bank with target of Rs 1356-1372 and stoploss of Rs 1325.

United Spirits (Target Hit)
Buy United Spirits with a target of Rs 1365-1380 and stop loss of Rs 1332.

Cairn India
Buy Cairn India with a target of Rs 324 and stop loss of Rs 307.

Hero Honda
Sell below Rs 1,965 for target of Rs 1,952-1,944 and stop loss of Rs 1982.

Ranbaxy (Target Hit)
Sell below Rs 450 for target of Rs 445-440 and stop loss of Rs 452.

Bombay Rayon Fashions (BRFL) (Target Hit)
Buy above Rs 264 for target of Rs 270-278 and stop loss of Rs 255.

Continue reading →

Stock Market Views For Tomorrow (16th, July'10)

The market witnessed a choppy session today and I expect the market may continue its downside phase in view of results. Nifty spot chart suggest that the market is trading in a sideways trend with 5,400 acting as a crucial supply level and 5,350 as a support zone. Nifty should face selling pressure below 5,400 level while downside support will be at 5,350 & 5,300 level. A breakout above 5,400 will negate the earlier possibility and could lead Nifty spot to 5,585 level. On an intraday basis, Nifty spot should find (PIVOT) support near 5,359 & 5,320 level while the resistance will be at 5,418 & 5,437 level.

Continue reading →

Intraday Stock Tips : Stock Tips For Today(15th, July'10)

Get Free Intraday Stock Tips For 15th, July'10

Patni Computer Systems
Buy above Rs 530 for target of Rs 537-542 and stop loss of Rs 525.

Castrol India
Buy above Rs 450 for target of Rs 465-475 and stop loss of Rs 445.

DCB
Buy above 46 with a target of Rs 50 and stop loss of Rs 42.

Bartronics India
Buy above Rs 144 for target of Rs 152-155 and stop loss of Rs 138.

Piramal Healthcare
Buy in the range of 510-520 with a target of Rs 532-540 and stop loss of Rs 500.

Continue reading →

Market News : Nifty is likely to trade in the range of 5,390-5,470

The Nifty is likely to trade in the range of 5,390-5,470. The trading strategy would be to create short positions if the Nifty resists below 5,465 levels for targets of 5,450 and 5,422. On the other hand, one can also create long positions if the Nifty takes support at around 5,400 levels.

On account of lower-than-expected Infosys results, the Nifty opened negative. However, late noon buying in other heavyweights took the Nifty above 5,400.

On the daily chart we are observing that after six days of a rally, markets are witnessing a consolidation of gains. The intermediate trend remains positive and we are of the opinion that even if indices trade below 17,897 / 5,371 level, markets may find support at 17,871-17,780 / 5,360-5,340 levels for tomorrows trading session. On the flip side 18,170 / 5,454 level may act as the resistance for the day

Ask Your Query Here

Continue reading →

Intraday Stock Tips : Stock Tips For 14th, July'10

Best Intraday Stock Tips For Thur 14th, July'10 

Aurobindo Pharma (Target Hit)

Buy above Rs 970 for target of Rs 985-994 and stop loss of Rs 962.

Godrej Industries
Buy above Rs 182 for target of Rs 186-192 and stop loss of Rs 178.

Century Plyboards (I) Ltd. (Target Hit)
Buy above Rs 65 for target of Rs 67-70 and stop loss of Rs 62.

Sintex (Target Hit)
Buy above Rs 338 for target of Rs 344-350 and stop loss of Rs 332.

SAIL (Target Hit)
Buy above Rs 198 for target of Rs 201-205 and stop loss of Rs 196.

Daily Stock Tips On Mobile

Continue reading →

Stock Market Views : Market Is In Upside Trend

The market is in uptrend. We are in the result season and the flow of results would add to the volatility. The Nifty is likely to get support around 5350 and resistance around 5418. Nifty scored a new 52 week high and managed to close above 5400. The market recovered on the cues provided by European markets. Market may remain in the range of 17,750-18,150.

The Indian market is expected to open flat following flattish closing in the US market and mild openings across Asian markets. The Sensex should find supports at 17,880 and 17,790 and resistances at 18,050 and 18,210.

Watch Video For Market Forecast

Continue reading →

Intraday Stock Tips : Stock Tips For 13th, July'10

Get Intraday Stock Tips For Tues-13th, July'10 :  

Onmobile Global

Buy near Rs 282-285 for target of Rs 300-305 and stop loss of below Rs 278.

Comment: The stock has made a higher bottom at Rs 272 second time after a big correction and now looks good to move higher, crossover of Rs 311 would be a very positive signal of uptrend.

United Spirits

Buy around Rs 1290-1300 for target of Rs 1315-1330 and stop loss below Rs 1286.

Comment: This stock has started moving up in a channel and now trades near support levels. Stock had faced a period of underperformance but now it trades above important moving averages and more upside is possible.

3i Infotech

Buy near Rs 65-66 for target of Rs 70-72 and stop loss of below Rs 63.

Comment: The stock has broken out from a down trend line and now shows uptrend. 200 DMA at Rs 73.50 would be crucial resistance for trend reversal.

Buy Munjal Auto with target of Rs 128-130 and stop loss of Rs 120,

Buy Essar Oil with target of Rs 150 and stop loss of Rs 140.

Buy Glodyne Technoserve, target Rs 800-806,and stoploss of Rs 772.

Buy RIL at Rs 1060 with target of Rs 1072-1080 and stop loss of Rs 1052.

Buy Crompton Greaves with target of Rs 265 and stop loss of Rs 256.

Get free Intraday Stock Tips On Mobile

Continue reading →

Intraday Stock Tips : Stock Tips For Mon 12th-July

Intraday Stock Tips For Mon 12th, July'10

Buy Tata Steel above 498 with target of Rs 510-515 and stop loss of Rs 488.
Buy SBI above 2370 with target of Rs 2390-2400 and stoploss of Rs 2350.
Buy Bajaj Auto above 2415 with target of Rs 2430-2438 and stoploss of Rs 2408.
Buy Infosys above 2860 with target of Rs 3000 and stoploss of Rs 2850.
Buy Indian Hotels @ 106 with target Of Rs 109-112 and stoploss of Rs 104.
Buy L&T in the range of 1820-1830 with target of Rs 1842-1860 and stop loss of Rs 1800.

Free Tips On Mobile

Continue reading →

Trading Strategies For Three Buzing Sectors For Coming Week

Retail, Telecom and Sugar ruled the D-street on the sectoral front for the week ended July 09, 2010. During the week India`s benchmark index, BSE Sensex gained 372.59 points or 2.13% to settle at 17,833.54. Meanwhile, the broad based Nifty rose by 115.35 points or 2.10% to settle the week at 5,352.45.

Retail:
Positive due to expected news of opening up of retail sector to foreign direct investment (FDI). Shares of retail stocks like Pantaloon Retail, Provogue (India) gained over 3% after the government pitched in for foreign direct investment in the sector on July 06, 2010.

Telecom: Heavy buying seen
Shares of telecom stocks rallied over 10% on Friday, July 07 after Credit Suisse upgraded the ratings.  The leading global financial services company with headquarters in Zurich upgraded the ratings of Bharti to `outperform` from `neutral`, Reliance Communications to `neutral` from `underperform`, and Idea Cellular to `outperform` from under perform.

Sugar: 

Looks positive - decontrol of sugar sector but surplus sugar may have some impact on pricing. Shares of sugar companies got a shot in the arm after agriculture minister Sharad Pawar said it`s the right time to decontrol the sugar sector. The front line stocks like Bajaj Hindustan, Shree Renuka, Balarampur Chini showed sharp positive movements.

Continue reading →

Nifty Views For Tomorrow : Nifty may test 5,350-5,400 levels

Nifty Technical Views For Mon 12th, July'10

On the basis of nifty reports and daily nifty charts we are observing a pattern that resembles a Flag breakout where the prices have closed marginally above the downward slopping trendline of the Flag. Any close above 17,710 / 5,320 levels would confirm a Flag pattern breakout. We maintain our view that in the coming trading session if indices manage to trade convincingly above 17,650 / 5,300levels then we could see upside momentum up to 17,814-17,960 / 5,350-5,400 levels. On the downside 17,530 / 5,242 levels may act support for the day.

Continue reading →

Intraday Stock Tips : Stock Tips For Fri 09th, July'10

Stock Tips For Today : Free Intraday Tips For Fri, 09th July'10

Buy Apollo Tyre above Rs 69 :
Buy Apollo Tyre above 69 with target of Rs 71-73 and stoploss of Rs 67.5.

Buy Jubilant Organosys above Rs 370 :
Jubilant Organosys has corrected today from a high of Rs 394 and possibly, it can correct by Rs 6-10 more. It will be more comfortable buying this stock in the region of Rs 370-375 and target of Rs 395 is possible.

Buy SBI target above Rs 2,348 :
SBI is likely to achieve the highest core operating profit growth among state-owned banks. We recommend Buy, SBI with a target price of Rs 2,385-2410 and stoploss of Rs 2330.

Buy Amtek Auto on declines:
Amtek Auto has not moved much and can be picked up at current levels or possibly some declines of a couple of percent. I recommend Buy this stock for target of Rs 192-195 with stoploss of Rs 185.

Buy Amara Raja Batteries at current Price :
On the daily chart, Amara Raja Batteries has given an upside breakout, considered to be an important bullish signal. Buy the stock at current levels and on decline to the levels of Rs 188 for a short term target of Rs 196 and stoploss of Rs 186.

Daily Stock Tips On Mobile

Continue reading →

Stock Market Tomorrow : Nifty Technical Views

Stock Market Tomorrow; Market prediction for tomorrow

After breaking the diagonal channel Nifty is now trading in a sideways trend with a resistance at 5,300 & 5,380 level and support at 5,230 & 5,170 level. Today Nifty Spot closed below 5,300 level after such a descent opening. A close above 5,300 level will bring confidence among the bulls. Till time it will be treated as one more consolidation day. Nifty July future closed with 12 point premium today.  On an intraday basis, Nifty spot should find (PIVOT) support near 5,286 & 5,252 level while the resistance will be at 5,330 & 5,364 level.

• Support for Nifty is at 5,275-5,260 and resistance is at 5,320-5,335.
• The Sensex could find supports at 17,440 and 17,400 and resistances at 17,650 and 17,740.

Continue reading →

Intraday Stock Tips : Stock Tips For Today

Free Intraday Stock Tips for Thu, 08th July'10

Reliance Industries (RIL)
Sell RIL below Rs 1,046 with target of Rs 1,036-1,028 with stop loss of Rs 1,056.

HPCL (Target Hit)
Buy HPCL above Rs 465 with target of Rs 470-474 and stop loss of Rs 456.

Bharti Airtel (Target Hit)
Buy above Rs 277 with target of Rs 282-286 with stop loss of Rs 274.

Ranbaxy Lab (Target Hit)
Buy Ranbaxy Lab above Rs 454 with target of Rs 460-465 and stop loss of Rs 451.

Aban Offshore (Target Hit)
Buy above Rs 855 for target of Rs 865-880 with stop loss of Rs 844.

Free Stock Tips On Mobile

Continue reading →

Stock Market Tomorrow : Technical View For 08th, Jul'10

It was a choppy  day for the Indian stock markets which saw poor cues from global markets and traded negative causing the Nifty to breach the 5250 level. In the continuation of mixed global markets, tomorrow Indian Stock Market may open flat and likely to move in a range bound manner. If Nifty sustains above 5,280 levels then further up move may be seen in the market towards 5,300-5,330 levels. On other hand downside if it falls below 5,240 levels then selling pressure may get intensify and nifty may test 5,220-5,200 levels.


Technically, Nifty could take resistance at 5300-5328-5380 and support at 5232-5208-5178.

The Sensex should find resistances at 17580-17640-17750 and supports at 17400-17320-16238.

Continue reading →

Intraday Stock Tips : Stock Tips For Tomorrow(07th, Jul'10)

Free Intraday Stock Tips : Stock Tips For Tomorrow(07th, Jul'10)

Yes Bank

Buy Yes Bank above 275 for target of Rs 281-285 and stop loss of Rs 270.

Adhunik Metaliks

Buy above Rs 116 for target of Rs 120-124 and stop loss of Rs 112.

Jubilant Organosys

Buy above Rs 383 for target of Rs 390-398 and stop loss of Rs 374.

Sesa Goa

Buy Sesa Goa above Rs 355 with target of Rs 370-75 and stop loss of Rs 348.

Bharti Airtel

Buy Bharti Airtel 275 with target of Rs 282-290 and stop loss of Rs 266.60.

Power Finance

Buy Power Finance above 298 with target of Rs 305-307 and stop loss of Rs 292.

BUY NIFTY TARGET 5330- 5350

Free Stock Tips On Mobile

Continue reading →

Intraday Stock Tips; Stock Tips For 05th, Jul'10

The stock Market closed with a negative bias by the end of this week. However it was a flat session for Indian Stock Market, where it tried to ignore global cues.

Get Best Intraday Stock Tips For Monday, 05th Jul'10


Buy Divi's Laboratories for target of Rs 814:
Divis Laboratories has managed to close above the resistance area of Rs 777, thus signaling bullish breakout from the Flag pattern. As stock continues to remain in the long term uptrend, breakout from flag consolidation is likely to ignite buying momentum once again. We advise buying stock above Rs 786 with stoploss of Rs 773 for target of Rs 814

Buy Ramco Industries for target of Rs 72-75 :
Buy Ramco Industries in the range of Rs 66-68 with stoploss of Rs 64 for target of Rs 72-75. Last week the stock had been trading within consolidated phase and managed to trade above level of 60. Here I'll suggest you buy this stock for a target of Rs 72-75 with stoploss of Rs 64.

Buy IFCI for target of Rs 62-65.
Buy IFCI Ltd. in the range of Rs 57-58 with target of Rs 62-65 and stoploss of Rs 54. The stock is phasing a good upside rally and could continue the upside phase for next two-three days. So here one could go for buy this stock with target of Rs 62-65.

Buy Cadila Healthcare Ltd. for target of Rs 680-690.
Buy Cadila Healthcare Ltd. in the range of 665-670 with target of Rs 680-690 and stoploss of Rs 650. The stock has created multiple growth platforms to ensure a steady growth over the medium to long term. They view the emerging markets like Brazil, France and South Africa to drive the uptrend in its growth

Buy Maruti Suzuki India for target of Rs 1428-1440.
Buy Maruti Suzuki India Ltd above 1400 with target of Rs 1428 to 1440 with stoploss of Rs 1380. Maruti Suzuki India (MSIL) is the largest player in the Indian car market with 50% market share. MSIL is way ahead of its competitors with its strong brand equity and excellent dealer network. Indian car industry is at the cusp of strong long term growth and the entry of global auto giants inthe Indian market validates this view.

Nifty Support 5130 – 5172 – 5216 – 5247
Nifty Resistance 5311 – 5348 – 5383 – 5412

Get Free Stock Tips On Mobile

Continue reading →

Intraday Stock Tips; Stock Tips For 02nd, Jul'10

Get free Intraday Stock Tips here: Stock Tips(2nd, Jul)

Reliance Capital
Buy above Rs 750 for target price of Rs 765, Rs 674 with stop loss of Rs 740. The stock looks good above Rs 750 and a rise should be used to initiate a fresh long position.

Oracle Financial Services Software (OFFS)(Target Hit)
Buy above Rs 2,245 for a target price of Rs 2,280-2300 with stop loss of Rs 2,220. The Stock has given a breakout from a Bullish Flag Price Formation and looks a buy contender. The counter looks bullish above Rs 2,240 and a dip should be used to initiate a fresh long position.

HCC
Buy above 121 for a target price of Rs 123-125 and above stop loss of Rs 118

Patni Computer(Target Hit)
Buy above 515 for a target price of Rs 518-522 with stop loss of Rs 512.

GE Shipping
Sell below 287 for a target price of Rs 283-281 lower with stop loss of Rs 292.

Dr. Reddy(Target Hit)
Sell below 1,435 for a target price of Rs 1,428-1,420 lower with stop loss of Rs 1,448.

Zee Entertainment Enterprises Ltd.(Target Hit)
Sell below Rs 300 for target of Rs 294-290 and stop loss of Rs 305.

IDFC
Buy above Rs 182 for target of Rs 186-190 and stop loss of Rs 178.

Ballarpur Industries(Target Hit)
Buy around Rs 31-31.5 for target of Rs 34-36 and stop loss of Rs 30.


Siemens(Target Hit)
Buy above Rs 720 for target of Rs 728-735 and stop loss of Rs 715.

Free Stock Tips On Mobile

Continue reading →