Share Tips For Monday 03-Jan

Welspun Corp Ltd. (Ist TGT Hit)
CMP : 169.60
Recommendation : Buy above 170 for Target of Rs 173-175+ and Stoploss of Rs 166.

Lupin Ltd.(Ist TGT Hit)
CMP : 480.45
Recommendation : Buy above 482 for Target of Rs 488-493 and Stoploss of Rs 475.

Mercator Lines Ltd.
CMP : 58.65
Recommendation : Buy @ 58-59 for target of Rs 60-61 and stoploss of Rs 57.

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Nifty Intraday Outlook For Monday

On the Daily chart, it is expecting that market might see higher-top higher-bottom formation along with a pattern that resembles a double bottom formation suggests that the indices are likely to test higher levels. The projected target for the double bottom formation is around 21,000 / 6,300 levels .We maintain our view that the indices are likely to test 20,890 - 21,000 / 6,250 - 6,300 levels in the next couple of weeks. On the downside, 20,200 - 20,000 / 6,050 - 5,980 levels may act as a support for the week. Traders holding balance 50% position in Nifty Future can trail their stop loss to 5,985 levels.

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Best Stocks To Buy Tomorrow 31-Dec

Dish TV India Ltd.
CMP : 71.10
Recommendation : Buy @ 70-71 for Target of Rs 72.60-74 and Stoploss of Rs 78.50.

Aban Offshore Ltd.
CMP : 814.15
Recommendation : Buy above 810 for target of Rs 822-830 and stoploss of Rs 796.

Chambal Fertilisers & Chemicals Ltd
CMP : 87.75
Recommendation : Buy above 88 for Target of Rs 89.50-91-92 and Stoploss of Rs 86.40.

Mercator Lines Ltd.
CMP : 56.90
Recommendation : Buy on dips for target of Rs 58-59-60 and stoploss of Rs 55

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Share Market For Tomorrow 31-Dec

On the day of F&O Expiry, markets showed healthy notes and traded positively with gains of 133 pts in BSE Sensex and 41.5 pts in NSE Nifty. In coming trading session if indices trade above 20400/6100 levels then they are likely to test 20500-20620/6140-6178 levels. On the downside, 20250-20150/6060-6025 levels may act as supports for the day.

The market is expected to open on a flat to positive note on Intraday Tomorrow. Traders are suggested to trade long if Nifty trades above 6,100, for targets of 6140 and 6170 with a stop loss placed below 6,070 levels.

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Intraday Stock Tips For 30-Dec

Jain Irrigation Systems Ltd. (Ist TGT Hit)
CMP : 208.65 
Recommendation : Buy @ 208-209 for Target of Rs 211-214+ and Stoploss of Rs 205.

Aban Offshore Ltd. (All TGTs Hit)
CMP : 767.65
Recommendation : Buy above 770 for Target of Rs 776-788-807+ and Stoploss of Rs 750.

Welspun Corp Ltd. (Ist TGT Hit)
CMP : 164.70
Recommendation : Sell below 166 for target of Rs 163-160 and stoploss of Rs 169.

Jindal Poly Films Ltd. (Ist TGT Hit)
CMP : 526.75
Recommendation : Sell below 530 for target of Rs 523-515 and stoploss of Rs 537.

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Share Market Forecast For Tomorrow 30-Dec

Indian Markets opened higher and movement on upside was seen in today's trading session. Today markets gained handsome profits and this gains came from primarily banking, metal and FMCG sectors. From the prospects of next trading  session, market may consolidate as the F&O Expiry due tomorrow.

For next trading day if indices trade above 20275/6070 levels then they are expected to touch 20350-20440 / 6096-6130 levels. On the downside if they fails then 20127-20060 / 6025-6000 levels may act as supports for the day.

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Punjab & Sind Bank IPO To List Tomorrow

Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India.

It was oversubscribed by 50.7 times by the retail investors, and 29 times by the Qualified Institutional Buyers.

Punjab & Sind Bank IPO shares will list on Thursday, December 30, 2010. Issue price of this IPO has been fixed at Rs 120/- per share (Rs. 114/- for retail & employee). IPO was oversubscribed by 50.75 times (44.45 times in retail).

IPO Listing Detail are as follows : 

Listing Date : Thursday, December 30, 2010
BSE Scrip Code : 533295
Listing In : ‘B’ Group of Securities
ISIN : INE608A01012
Issue Price : Rs. 120/- Equity Share (Rs. 114/- for retail & employee)
Face Value : Rs. 10.00 Per Equity Share

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Share Tips For Tomorrow 29-Dec

Suzlon Energy Ltd.

CMP : 51.95

Recommendation : Buy @ 51.5-52 for target of Rs 53-54 and stoploss of Rs 50.90.

ITC Ltd. (Profit Booked at 174.50)

CMP : 171.15

Recommendation : Buy above 172 for target of Rs 175-178 and stoploss of Rs 168.

Ajmera Realty & Infra India Ltd. (Ist TGT hit)
CMP : 200
Recommendation : Buy @ Opening Price for target of Rs 204-207+ and stoploss of Rs 196.

Ranbaxy Laboratories Ltd. (Ist TGT hit)
CMP : 588.65
Recommendation : Buy @ OP for target of Rs 594-601 and stoploss of Rs 577.

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Nifty Intraday Levels & Trading Strategy

Today it was absolute flat day for the Indian Stock Markets which traded with no significant gain or loss for both the benchmark indices (Nifty & Sensex).

For next intraday trading, the trend deciding level is 6,010. If Nifty manages to trade above this levels, then rally to 6040-6060-6090 levels may be seen. On the other side if Nifty doesn't show strength to trade above 6010 levels then selling pressure may drag it till 5955-5930 levels.

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Stocks To Buy Tomorrow : Intraday Tips

Wipro Ltd. (Two TGTs Hit)
CMP : 485.05
Recommendation : Buy above 486 for target of Rs 490-495-499 and stoploss of Rs 480.

Dish TV India Ltd. (Marginal Profit Booked)
CMP : 67.80
Recommendation : Buy near 67-68 for target of Rs 70-72 and stoploss of Rs 65.

HCL Infosystems Ltd
CMP : 114.50
Recommendation : Buy @ 114-115 for target of Rs 117-119 and stoploss of Rs 112.50.

Rajesh Exports Ltd. (1st TGT Hit)
CMP : 120.90
Recommendation : Buy above 121 for target of Rs 123-126 and stoploss of Rs 118.50.

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Stock Market Forecast For 28-Dec

Today it was a range-bound start in Indian Stock Markets. Nifty opened on positive note and made high at 6,045.40 levels. Markets traded in a choppy session and closed in red with loss of 45 pts in Sensex and 14 pts in Nifty.

For intraday trading tomorrow, the trend deciding level is 6,000. If Nifty shows strength trade above this levels, then rally to 6025-6050-6090 levels may be seen on the downside if Nifty fails to trade above 6,000 levels then selling pressure may drag it till 5950-5925 levels.

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Markets Intraday Outlook For Monday (27-Dec)

As F&O derivative expiry would take place in the coming week, therefore it is likely expected that market may witness volatile sessions.

For intraday trading on Monday, Nifty is expected to breach the resistance level of 6,025 to may test 6,050-6080. Further, 6,150 is another strong resistance in Nifty. On the downside 5,950-5920 may act as a strong support level for Nifty. Traders are suggested to buy on dips as long as nifty trades above 5,975 level.

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Markets Performance For The Week

Indian Stock Markets bounced back on last trading day after earlier losses. Today markets opened negative amid weak Asian peers and continued to trade in a narrow range till noon. However, the market recovered all its losses and moved up into the positive notes.

This week's performance was average and the stats are:

• Sensex up 1% and Nifty also up 1%.
• CNX Midcap index was up 0.4%,
• BSE Smallcap index up 1.8%,
• BSE Metal index was up 4%,
• BSE IT index up 1.8%,
• BSE Oil & Gas index down 0.5%,
• BSE FMCG index up 1.3%, and
• BSE Auto index up 1.2% over the week.

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Intraday F&O Tips For 24-Dec

Nifty Futures and Bank Nifty Futures Trading Strategies :

Nifty Futures
Sell Nifty Futures below 5,970 for target of 5,945-5,920 and stop loss of above 6,010.

Bank Nifty Futures
Sell Bank Nifty Futures below 11,450 for target of 11,390-11,320 and stop loss of above 11,530.

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Nifty Intraday Levels & Trading Strategy for 24-Dec

Today it was a soften day for the Indian Stock Market which traded within a narrow range bound limit of 25-30 points with low volumes. Markets opened on a subdued note, traded with choppiness in a narrow range and finally closed in red.

On the basis of daily chart and reports, we are witnessing narrow range body formation for two consecutive trading sessions where prices have managed to close above the 5 days EMA. For intraday trading tomorrow, if indices trade convincingly above 20,050 / 6,000 level then they are likely to test 20090-20185 / 6025-6040 level while on the downside if they fails to trade above this levels then 19740-19670 / 5960-5928 levels may act as supports for the day.

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Share Tips For Intraday Tomorrow 23-Dec

Jindal Poly Films Ltd. (Two TGTs Hit)
CMP : 533.25 
Recommendation : Buy near 532-535 for Target of Rs 542-550-560 and Stoploss of Rs 525.

Lupin Ltd.
CMP : 450.05
Recommendation : Buy above 450 for target of Rs 455-459 and stoploss of Rs 446.

Uflex Ltd. (1st TGT Hit)
CMP : 207
Recommendation : Buy @ 207.50-208 for target of Rs 211-214-218 and stoploss of Rs 204.

Aban Offshore Ltd. (1st TGT Hit)
CMP : 744.20
Recommendation : Buy around 744-745 for target of Rs 750-758-765 and stoploss of Rs 732.

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Stock Market Outlook For Tomorrow 23-Dec

Today Indian Stock Markets opened marginally higher and traded in a narrow range throughout the first half of the session. But in the second half, indices gave up some of their recent gains to close in the red. The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow.

In next trading session it is expected that indices may trade in a range of 20150-19910 / 6,050-5,940 levels. For intraday outlook, the trend deciding level is at 6,000. If Nifty shows strength tom trade above 6,000 levels, then rally to 6,050-6,070-6,100 levels may be seen. On the downside if Nifty fails to trade above above 6,000 levels then selling pressure till 5,950-5,900 levels may also be seen.

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Share Market Intraday Tips

Glenmark Pharmaceuticals Ltd. (1st TGT Hit)
CMP : 357.75
Recommendation : Buy above 357 for Target of Rs 363-367 and Stoploss of Rs 352

DLF Ltd. (1st TGT Hit)
CMP : 284.90
Recommendation : Buy above 286 for target of Rs 289-292-295 and stoploss of Rs 281.

Jai Corp Ltd. (1st TGT Hit)
CMP : 218.05
Recommendation : Buy on dips for target of Rs 222-225 and stoploss of Rs 215.

Ashok Leyland Ltd. (Flat)
CMP : 65.95
Recommendation : Buy near 65.50-66 for target of Rs 67-68-69 and stoploss of Rs 64.50.

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Nifty Intraday Levels & Trading Strategy

Today it was a good day in Indian Stock Market. Nifty opened on positive gap up note at 5,960.40 levels and showed good strength throughout the day. By the end of day nifty closed in red with gaining 53.60 points.

For Intraday Tomorrow some momentum strength can be seen, if Nifty trades above 6,010 levels. On an Intraady Basis trend deciding level is at 6,000. If Nifty shows strength to trade above 6,000 levels, then rally to 6,045-6,070-6,110 levels may be seen tomorrow, on the other side if Nifty does not manage to trade above 6,000 levels then selling pressure till 5,960-5,920 levels may also be seen.

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BSE NSE Stock Tips For Intraday Trading

Intraday Stock Tips for 21-Dec'10

Kingfisher Airlines Ltd. (Partial Profit Booked)
CMP : 61.65
Recommendation : Buy near 61-62 for Target of Rs 64-65.70 and Stoploss of Rs 58.75

Wipro Ltd. (All TGTs Hit)
CMP : 478
Recommendation : Buy above 480 for target of Rs 485-488-492 and stoploss of Rs 473.

EIH Ltd. (Loss 0.46%)
CMP : 119.45
Recommendation : Buy @ 119-120 for target of Rs 123-125-128 and stoploss of Rs 116.50.

IDFC Ltd. (1st TGT Hit)
CMP : 174.70
Recommendation : Buy above 175 for target of Rs 179-182 and stoploss of Rs 170.

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Nifty Intraday Levels & Trading Strategy For Tomorrow

Today benchmark indices failed to hold intraday gains and ended on a flat note as traders booked profits near resistance levels. For the coming Intraday trading session if indices trade convincingly above 20,010 / 5,985 levels then they are likely to test 20,100- 20,160 / 6,020- 6,040 levels. On the downside, 19,711 - 19,600 / 5,900- 5,870 levels may act as support for the day.

Traders are advised to trade long if Nifty holds above 5,950 levels with stop loss at 5,920 levels targeting 5,985-6,000 levels. Alternatively, trade short in Nifty below 5,900 levels with a stop loss of 5,920 levels targeting 5,870-5,850 levels.

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MCX Signs MoU With Taiwan Futures Exchange

Multi Commodity Exchange of India (MCX) and the Taiwan Futures Exchange (TAIFEX) have signed a Memorandum of Understanding (MoU) with an aim to develop commodity derivatives markets in India and Taiwan by sharing information and best practices pertaining to product development, business and marketing initiatives, technology, and areas of mutual interest. The MoU is another step towards MCX`s endeavors to integrate with the global commodities ecosystem.

MCX offers commodity futures contracts in bullion, base metals, energy, agricultural and other commodities whereas TAIFEX offers equity and commodity derivatives products. 

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Stock Tips For Intraday Trading

Intraday Stock Tips for 20-Dec'10

Sterlite Technologies Ltd. (TGTs Hit)
CMP : 70.75
Recommendation : Buy @ 71 for Target of Rs 72-73 and Stoploss of Rs 69.50.

Educomp Solutions Ltd. (Two TGTs Hit)
CMP : 513.05
Recommendation : Buy @ 515-516 for target of Rs 521-527-535 and stoploss of Rs 506.

ABG Shipyard Ltd. (All TGTs Hit)
CMP : 387.20
Recommendation : Buy above 390 for target of Rs 394-399-405 and stoploss of Rs 380.

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Stock Market Forecast For Monday 20-Dec

While commenting on Stock Market Forecast for Monday it is expected that market may remain volatile and could consolidate around current levels. However the long term trend is up.

Technically, after yesterday's choppy session, Nifty exhibited a good recovery today and closed above the vital sentimental resistance level of 5,900. On the down side Nifty has tested the lower support of 5,860-65 range and witnessed a good rebound from those levels. On an intraday basis 5998-6033 may act as resistance levels while, 5910-5886 may be the support levels for Nifty On Monday.

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Intraday Nifty Futures Tips for 16-Dec

Nifty Futures
Sell Nifty Futures below 5,870 for target of 5,850-5,830 and stop loss 5,900.

Bank Nifty Futures
Sell Bank Nifty Futures @ 11,320-300 for target of 11,220-11,150 and stop loss of 11,380.

Maruti Suzuki
Sell Maruti Suzuki futures below Rs 1,390 for target of Rs 1,378-1,365-1,350 and stop loss of Rs 1,404.

Bank Of Baroda
Sell Bank Of Baroda futures below Rs 895 for target of Rs 868-850 and stop loss of Rs 900.

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Intraday Share Market Tips For 16-Dec

Jain Irrigation Systems Ltd.(Call Didn't Execute)
CMP : 223.40
Recommendation : Buy above 226 for TGT of Rs 228-230-232 and SL of Rs 220.

IRB Infrastructure Developers Ltd. (Profit booked at 224.70)
CMP : 221.15
Recommendation : Buy @ 222-223 for TGT of Rs 225-228 and SL of Rs 218.

Siemens Ltd. (1st TGT Hit)
CMP : 775
Recommendation : Sell below 772 for TGT of Rs 765-756 and SL of Rs 783.

Mahindra & Mahindra Ltd. (All TGTs Hit)
CMP : 753.15
Recommendation : Sell below 750 for TGT of Rs 744-738-726 and SL of Rs 760.


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Intraday Nifty Outlook For 16-Dec

It was a choppy session for Indian Stock Market which traded negative in almost all sectors. Today Nifty opened on negative note at 5,931.15 levels and after making initial high at 5,942.75 levels, it showed selling pressure throughout the day.

In the coming trading session markets are likely to witness volatility, as RBI will announce the mid term monetary policy. For intraday outlook, the trend deciding level is at 5,900. If Nifty manages to trade above 5,900 levels, then rally to 5,940/5,985 levels may be seen. If Nifty does not show strength above 5,900 levels then selling pressure till 5,850/5,830/5,700 levels may also be seen.

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Intraday Stock Trading Ideas

Intraday Stock Tips for 15-Dec'10

Tata Steel Ltd.(1st TGT Hit)
CMP : 645.50
Recommendation : Buy @ 640 Target of Rs 650-660 and Stoploss of Rs 636.

Uflex Ltd. (Both TGTs Hit)
CMP : 199.75
Recommendation : Buy above 200 for target of Rs 206-211+ and stoploss of Rs 196.

Wipro Ltd. (1st TGT Hit)
CMP : 453.10
Recommendation : Buy @ 450-451 for Target of Rs 458-464 and Stoploss of Rs 448.

Central Bank of India (1st TGT Hit)
CMP : 182.30
Recommendation : Buy @ 183-184 for target of Rs 186-189 and stoploss of Rs 178.

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Nifty Forecast For Tomorrow 15-Dec

It was another good day for Indian Stock Market. Nifty showed strength for third consecutive day and closed in green. Today market gained moderate growth and almost all sectors were traded positive. Today Nifty has moved above the 5,930 mark and closed above it and it is expected to move towards 6,000 and 6,050 which may be next resistance levels, while the support is at 5,902 levels.

For intraday tomorrow, the trend deciding level is at 5,950. If Nifty shows strength above 5,950 levels, then rally to 6,000/6,030/6,065 levels may be seen. On the other hand if Nifty fails to show strength above this levels then selling pressure till 5,910/5,880/5,840 levels may also be seen.

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Stock Tips For Intraday Tomorrow

Intraday Stock Tips for 14-Dec'10

Polaris Software Lab Ltd. (1st TGT Hit)
CMP : 165.30
Recommendation : Buy @ 167 for target of Rs 170-174 and Stoploss of Rs 162.

Welspun Corp Ltd. (All TGTs Hit)
CMP : 164.65
Recommendation : Buy above 165 for target of Rs 167-169-170 and stoploss of Rs 162.

Rajesh Exports Ltd. (Both TGT Hit)
CMP : 112.45
Recommendation : Buy @ 113.5 for target of Rs 115-117 and stoploss of Rs 110.

Uflex Ltd. (Both TGT Hit)
CMP : 181.60
Recommendation : Buy above 183 for target of Rs 187-197+ and stoploss of Rs 176.

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Nifty Intraday Outlook For Tomorrow 14-Dec

It was a very good start in Indian Stock Market. Today market witnessed a good recovery and broken the important resistance level of 5,880 and psychological resistance level of 5,900 too, closed at 5,907.

For Intraday tomorrow Nifty has immediate resistance at 5,930 levels, if it trades above this level then it may seen rally to 6,065, 6090 levels. On the down side support for the Nifty will be at 5,860 and 5,832. As the major technical indicators are still in the negative territory, we may see more volatile movements in the days to come. The market is expected to remain volatile, however long term trend is up. The market is expected to consolidate around current level.

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Intraday Share Market Tips

Intraday Stock Tips for 13-Dec'10

Delta Corp Ltd. (All Targets Hit)
CMP : 92.55
Recommendation : Buy near 91-92 Target of Rs 94-96-99 and Stoploss of Rs 88.

Kingfisher Airlines Ltd. (Both Target Hit)
CMP : 62.45
Recommendation : Buy @ 62.70 for target of Rs 63.50-64 and stoploss of Rs 61.

Lupin Ltd. (1st Target Hit)
CMP : 454.20
Recommendation : Buy @ 457 for target of Rs 463-470 and stoploss of Rs 449.

Jindal Poly Films Ltd.(All Targets Hit)
CMP : 419.10
Recommendation : Buy above 424 Target of Rs 432-440-447+ and Stoploss of Rs 406.

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Outlook On Banking, Realty and Metal Sectors

The underperformance of these sectors is temporary. When the economy is doing well, banking sector should do well. The sector is losing due to news related to scams, loans given against 2G licenses that are facing the heat themselves by some banks etc. The sector is fundamentally good, results too have been positive. Overall, also the Asian banking sector has performed well.

Realty should also perform well in the long-term. Some amount of transparency brought in by appointment of a regulator would work well. There are no negatives for metals, as I see it. It is just a phase. Public sector (PSU) banks, Reliance Industries, Larsen & Toubro and Tata Steel look good at current levels.

Source :  Smart Investors

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Market Technical Views For Monday 13-Dec

For the next trading week market is expected to remain volatile. The undercurrent remains weak. However the long term trend is looking up. The market is expected to consolidate around current levels, and for Nifty around 5,750 levels.

On Monday if Nifty trades above 5,875 then we may see the rally to 5,925 followed by 5,980 maximum. In case if there is gap down then it should hold 5800 levels otherwise it may fall to again 5,750 level.

Intraday Trading Strategy

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Market Expectation In Near Term

I continue to be bullish on growth of Indian Stock Market. The markets should consolidate in the next four five days but can I expect the markets to climb back to the 20,000-level by year-end.

Besides, there are many positives news in favor of the markets such as the GDP growth data, good collection of direct and indirect taxes plus expectations of good corporate earnings in the third quarter.

Some events that will determine the market movement in coming days would include the Union Budget and the fiscal incentives it provides as well as the outcome of all the scams- 2G, realty loans etc.

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Market Ends In Green, Given Hopes To Traders

The markets surged after four successive sessions of weakness. The markets lost substantially for the week and the gains on the last day of the trade didn't make much impact on the weekly figure. For the week, the Sensex and Nifty declined by more than 2 per cent. However, the Nifty managed to close above key technical levels and that has given hopes to many investors.

The numbers are following:

• The Sensex down 2.5% and Nifty down 2.4%.
• The CNX Midcap index was down 5.6%,
• BSE Smallcap index down 9.25%,
• BSE OilGas up 0.8%,
• BSE Realty down 7.15%,
• BSE Consumer Good down 2.4%,
• BSE Bankex down 7.5% over the week.

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Best Stock Tips For Intraday

Mahindra & Mahindra Ltd (Both TGT Hit)
Buy @ 750 for target of Rs 764-772 and stoploss of Rs 740.

Reliance Communications Ltd. (Didn't Execute)
Sell below 119 for target of 117-115 and stoploss of Rs 126.

Hindalco Industries Ltd (SL Triggered)
Sell near 210-211 for target of 207-204-200 and stoploss of Rs 214.

Jindal Poly Films Ltd. (Risky Stock)(Both TGT Hit)
Buy above 400 for target of Rs 412-419+ and stoploss of Rs 387.

Read more>>

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Nifty Forecast For Tomorrow

Nifty continued selling pressure for continuous 4th trading day of the week and closed in red with higher volumes. On downside, Nifty has good support in 5,700-5,750 zone, If Nifty sustains this zone then recovery may be seen on upside. On the other hand, if Nifty could not hold 5,700-5,750 zone then panic selling pressure may be continuing.

For intraday trading, the trend deciding level is at 5,750. If Nifty shows strength above 5,750 levels, then rally to 5,800/5,840/5,900 levels may be seen. If Nifty does not show strength above 5,750 levels then selling pressure till 5,720/5,680/5,650 levels may also be seen.

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Intraday Nifty Futures Tips

Nifty Futures

Sell Nifty Futures below 5,890 for target of 5,865-5,840 and stop loss 5,920.

Bank Nifty Futures

Sell Bank Nifty Futures below 11,440 for target of 11,400-11,340 and stop loss of 11,490.

Bank Of Baroda

Sell Bank Of Baroda futures below 885 for target of Rs 876-860 and stop loss of Rs 898.

Reliance Industries

Sell Reliance Industries futures below Rs 1,012 for target of Rs 1,000-984 and stop loss of Rs 1,028.

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Stock Recommendation For Intraday

Intraday Stock Tips for 09-Dec'10

Moser Baer India Ltd.
CMP : 56.60
Recommendation : Buy @ 57 for Target of Rs 58-59 and Stoploss of Rs 55.80

Hitachi Home & Life Solutions Ltd.
CMP : 203.65
Recommendation : Buy @ 206 for target of Rs 209-212 and stoploss of Rs 201.

IRB Infrastructure Developers Ltd.
CMP : 190.40
Recommendation : Sell near 192-193 Target of Rs 187-184 and Stoploss of Rs 196.

Kingfisher Airlines Ltd.
CMP : 63.85
Recommendation : Sell @ 64-65 for target of Rs 62.50-61 and stoploss of Rs 66.

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Market Forecast For Tomorrow 09-Dec

It was another choppy day for Indian Stock Market, which showed selling pressure in almost sectors, and closed below the vital sentimental support level of 5923. The markets finished lower for the third straight day pointing to a short term weakness.

For intraday tomorrow the benchmark indices suggest that if Nifty manages to trade above 6000 then rally to 6040-5970 can be seen. On the downside if Nifty breaches the level of 5960 then it may drag to 5925-5900 for the day.

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Intraday Nifty Futures Tips

Nifty Futures

Sell Nifty Futures below 5,950 for target of 5,925-5,900 and stop loss 5,980.

Bank Nifty Futures

Sell Bank Nifty Futures below 11,660 for target of 11,600-11,550 and stop loss of 11,725.

ICICI Bank

Sell ICICI Bank futures below 1,110 for target of Rs 1,090-1,075 and stop loss of Rs 1,135.

Housing Development & Infrastructure Ltd

Sell HDIL futures below Rs 198 for target of Rs 195-192 and stop loss of Rs 105.

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Intraday Stock Trading Ideas

Intraday Stock Tips for 08-Dec'10

Jain Irrigation Systems Ltd. (Didn't Execute)
CMP : 238.95
Recommendation : Buy above 241 for Target of Rs 244-247 and Stoploss of Rs 235.

Subex Ltd. (First TGT Hit)
CMP : 76.95
Recommendation : Buy @ 77.50 for target of Rs 79-80 and stoploss of Rs 75.80

Maruti Suzuki India Ltd. (SL Triggered)
CMP : 1,432.40
Recommendation : Buy @ 1436 for Target of Rs 1450-1467 and Stoploss of Rs 1420.

ACC Ltd. (Both Targets Hit)
CMP : 994.30
Recommendation : Buy @ 998-1000 for target of Rs 1008-1020+ and stoploss of Rs 983.

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Market Forecast For Tomorrow 08-Dec

Today Indian stock markets traded in a narrow range with negative bias and finally managed to close in red by loosing 15 pts and 46 pts in Nifty and Sensex respectively.

On the basis of daily charts and nifty reports it is expected that there is no clarity of trend and market may witness narrow range body formation for the next trading session. If indices trade convincingly above 20,020 / 6,000 levels then they are likely to test 20,168- 20,250 / 6,022- 6,050 levels. On the downside, 19,810 -19,740 / 5,940- 5,900 levels may act as support for the day.

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India, An Economic Power House: IMF

Source: Business Standard

MF Managing Director Dominique Strauss-Kahn today described India as a “leading power” and an “economic powerhouse” going by the performance of the economy.

“Your result here in terms of economic growth and also in terms of inclusive growth are really amazing”, he told reporters after a meeting with Finance Minister Pranab Mukherjee.

“We had a very frutiful discussion and relationship between India and the IMF is expanding”, he said on the meeting with Mukherjee.

“India is becoming one of the leading power in the world. It is really an economic powerhouse”, he said.

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Intraday F&O Tips For 07-Dec

Nifty Futures

Sell Nifty Futures below 5,972 for target of 5,950-5,928 and stop loss 5,995.

Bank Nifty Futures

Sell Bank Nifty Futures below 12,045 for target of 11,990-11,900 and stop loss of 12,110.

TCS

Buy Tata Consultancy Services futures above Rs 1,115 for target of Rs 1,125-1,140 and stop loss of Rs 1,102.

Unitech

Sell Unitech futures below 62 for target of Rs 60-58 and stop loss of Rs 63.75

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BSE NSE Intraday Stock Tips

Tata Steel Ltd.
Buy above Rs 638 for target of Rs 644-653 and stop loss of Rs 626.

Rajesh Exports Ltd.
Buy above Rs 120 for target of Rs 122-124 and stop loss of Rs 117.

Sterlite Industries (India) Ltd.
Buy near 171-172 for target of Rs 174.50-177 and stop loss of Rs 168.

DLF
Sell around Rs 305 for target of Rs 300-297 and stop loss of Rs 310.

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Nifty Intraday Levels for 07-Dec

Today Nifty showed some strength, but failed to sustain at higher levels. Nifty has been consolidating in 100 points range and bulls and bears have been indecisive. Directional strength may be seen either above 6,070 levels or below 5,960 level.

For intraday tomorrow, the trend deciding level is at 6,000. If Nifty shows strength above 6,000 levels, then rally to 6,040/6,070/6,140 levels may be seen. If Nifty fails to show strength above 6,000 levels then selling pressure till 5,960/5,900/5,850 levels may also be seen.

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BSE NSE Intraday Tips

Intraday Stock Tips for 06-Dec'10  

Shree Renuka Sugars Ltd.
CMP : 91.15
Recommendation : Buy @ 92 for Target of Rs 93.80-95.50 and Stoploss of Rs 89.50.

Kingfisher Airlines Ltd.
CMP : 71.85
Recommendation : Buy @ 72.60 for target of Rs 74-75.80 and stoploss of Rs 70.

Lupin Ltd.
CMP : 495.95
Recommendation : Buy above 498 for target of Rs 505-511 and stoploss of Rs 490.

Read more>>

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Nifty Intraday Outlook For Mon 06-Dec

After four days of positive run, Nifty exhibited a ranged show today and closed below the vital sentimental support level of 6,000. The breadth of the markets was not strong today as there were no major positives to support the market. Nifty has the main hurdle at 6,065 levels and for the upside to continue it has to move above this level while the supports can be seen at 5,935 levels.

For intraday trading on Monday the benchmark indices suggest that if Nifty manages to trade above 6025 then rally to 6055 / 6080 / 6100 can be seen. On the downside if Nifty fails to trade above this level then 5,960 / 5,935 levels may act as support for the day.

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A Summary On Market For The Week

It was a great week for the Indian Stock Market which saw almost positive trading through-out the week and closed with healthy gains. Almost all sectors showed strength and global cues were firm, too. After being hit the most last week due to negative news of the housing loan scam, the real estate sector managed to rebound and post good gains over this week.

This week's performance was good and the stats are:

• Sensex up 4.5% and Nifty up 4.3%.
• CNX Midcap index was up 3.8%,
• BSE Smallcap index up 3.7%,
• BSE Realty index up 7.8%,
• BSE Bankex up 6.2%,
• BSE Metal index up 5.4%,
• BSE Oil & Gas index up 5.1%; and,
• BSE Auto index up 4.5%.

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NIFTY(SPOT) Immediate Views

CRUCIAL, IMMEDIATE RESISTANCE LEVELS:

R1: 6015-6032 .... 50% RETRACEMENT + PREVIOUS BIGGEST GAP's LOWER POINT

R2: 6092-6100 .... 61.8% RETRACEMENT + PREVIOUS BIGGEST GAP's HIGHER POINT

CRUCIAL, IMMEDIATE SUPPORT:

S1: 5970-5980 .... LOWER END OF THE GAP MADE ON 2nd DEC.

S2: 5916-5938

WEAKNESS IS SEEN ON HOURLY CHART BETWEEN THE RANGE 5970-6032.

WHAT TO DO IN THE MARKET AT CURRENT LEVELS?? :

• TRADE IN STOCKS WHERE THE MOMENTUM IS UP-DOWN.
• AVOID TRADING IN OPERATOR BASED AND SIDEWAYS MOVING STOCKS. PREFERABLY DO INTRA-DAY, BTST OR T+2. AVOID POSITIONAL TRADING........UNTILL NIFTY STAYS ABOVE 5970, STAY BULLISH.

NIFTY TO GO WEAK BELOW 5970-80 AND MAY GET HIT BY PANIC BELOW 5915-38

WHERE TO SHORT??

• IF NIFTY MOVES DOWN FROM 6030.....SHORT STRICTLY BELOW 5970 WITH A STOP ABOVE 6000. ONE CAN ADD TO SHORTS BELOW 5915. AVOID SHORTING AT CURRENT LEVELS.
• IF NIFTY MOVES TOWARDS 6050-6092 AND THEN TURNS DOWN......THEN SHORT BELOW 6015-32 WITH A SL ABOVE 6092. ADD TO SHORTS BELOW 5970. WITH TRAILING SL.

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Stock Tips For Intraday

Intraday Tips For 03-Dec

ABG Shipyard Ltd. (Both TGTs Hit)
Buy @ 430 for target of Rs 440-445+ and stoploss of Rs 481.

Jain Irrigation Systems (1st Tgt Hit)
Buy @ Rs 240 for target of Rs 245-249 and stoploss of Rs 237.

Jindal Poly Films Ltd. (All TGT Hit)
Sell Below 495 for target of Rs 487-480-470 and stoploss of 512.

Tata Consultancy Services Ltd. (Two TGTs Hit)
Buy above 1098 for target of Rs 1107-1112-1123 and stoploss of Rs 1089.

Read more >>

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Intraday Nifty Futures Tips for 03-Dec

Nifty Futures
Buy Nifty Futures Above 6,050 for target of 6,080-6,110 and stop loss 6,025.

Bank Nifty Futures
Buy Bank Nifty Futures Above 12,580 for target of 12,620-12,700 and stop loss of 12,535.

Lupin
Sell Lupin futures around 513-514 for target of Rs 495-485 and stop loss of Rs 525.

GSPL
Buy GSPL futures above Rs 118.50 for target of Rs 122-124 and stop loss of Rs 116.

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Market Forecast For Tomorrow 03-Dec

On the basis of daily chart and Nifty Reports, it is expected that market may witness a narrow range body formation which clearly suggests consolidation of previous rise. For the next intraday trading session if key benchmark indices trade convincingly above 20,090 / 6035 levels then they are likely supposed to test 20,140 - 20,300 / 6,070 - 6120 levels. On the downside, if they could not manage to trade above this levels then 19,917 - 19,680 / 5,980 - 5,920 levels may act as support for the day.

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Market Summary For Today

It was a positive, almost range-bound, day for the Indian Stock Market. The markets registered substantial growth today, however the key indices crossed their respective significant levels more than once. The BSE Sensex ended the day at 19,992, up 142 points from the previous close and NSE Nifty pulled the shutters down at 6011, up 50 points or 0.8%.

A bout of volatility was witnessed as the key benchmark indices regained strength in mid-morning trade on firm Asian stocks. The Sensex moved in a range in early afternoon trade. Gains in index heavyweight Reliance Industries (RIL) helped the key benchmark indices recover from lower level in afternoon trade. The market pared once again pared gains in mid-afternoon trade. The market came off lows in late trade.

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Stock Tips For Intraday Trading

Intraday Stock Tips for 02-Dec'10

Dish TV India Ltd. (Target Hit)
CMP : 73.55
Recommendation : Buy @ 74 for Target of Rs 77-79 and Stoploss of Rs 71.

India Infoline Ltd.
CMP : 88.20
Recommendation : Buy @ 89 for target of Rs 92-94.30 and stoploss of Rs 86.

Uflex Ltd. (Target Hit)
CMP : 262.90
Recommendation : Buy near 265-266 for Target of Rs 270-273-277 and Stoploss of Rs 257.

Tata Motors Ltd. (Target Hit)
CMP : 1,288.15
Recommendation : Buy @ OP for Target of Rs 1300-1312-1325 and Stoploss of Rs 1268.

BHEL............read more

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Intraday F&O Tips For 02-Dec

Nifty Futures
Buy Nifty Futures above 5,925 for target of 6,002-6,028 and stop loss 5,880.

Bank Nifty Futures
Sell Bank Nifty Futures Below 12,300 for target of 12,260-12,220 and stop loss of 12,340.

ICICI Bank
Buy ICICI Bank futures above Rs 1,190 for target of Rs 1,218-1,240 and stop loss of Rs 1,168.

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Market Forecast For Tomorrow 02-Dec

It was consecutive third day of positive trading in Indian Stock Markets. Nifty showed good strength and managed to close above 5950 levels. Nifty Could find short term resistance at 6025-6070 and may face support levels at 5900-5864.

For Intraday concern, trend deciding level is 5940. If Nifty manages to trade above this level, then rally to 6000/6030/6,050 levels can be seen. on the other hand if Nifty fails to show strength above this levels then selling pressure till 5910/5885/5850 levels may also be seen.

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STOCKS TO WATCH TOMORROW

If you see IOC or ONGC at current levels, yes, they have been bounce backing from the 200-day moving average, so one can initiate a trade over here, yes, keeping a stop loss of 1270 and on the upside, yes, ONGC if it clears the resistance of 1325 or 1350 levels, yes, you could see ONGC testing 1375 level, so one can trade with positive bias in IOC as well as in ONGC.

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Intraday F&O Tips For 01-Dec

Nifty Futures
Buy Nifty Futures above 5,920 for TGT of Rs 5,955-5,990 and SL Rs 5,875.

Bank Nifty Futures
Buy Bank Nifty Futures above 12,100 for TGT of Rs 12,155-12,220 and SL of Rs 12,030.

Tata Motors Ltd. Futures/Dec-30
Buy Tata Motors Ltd. Futures above 1250 for TGT of Rs 1288-1305 and SL of Rs 1223

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Free Intraday Stock Tips

Intraday Tips for 01-Dec'10

Patel Engineering Ltd.
CMP : 333.25
Recommendation : Buy @ 335 for Target of Rs 342-349 and Stoploss of Rs 326.

Rajesh Exports Ltd.
CMP : 124.20
Recommendation : Buy @ 125-126 for target of Rs 130-133+ and stoploss of Rs 121.

Central Bank of India
CMP : 189.35
Recommendation : Buy @ 191 for Target of Rs 195-198 and Stoploss of Rs 187.

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Nifty Intraday Outlook For 01-Dec

It was an another good day for Indian Stock Markets. Nifty showed good strength for consecutive two days and managed to close above 5850 levels. Nifty's short term trend still down but intraday trend is up. On upside resistance may be seen in the range of 5950-6000 levels.

For Intraday concern, trend deciding level is 5830-5850. If Nifty manages to trade above 5850 levels, then rally to 5,900/5,950/6,000 levels can be seen. on the other hand if Nifty fails to show strength above this levels then selling pressure till 5820/5790/5750 levels may also be seen

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Free Intraday Tips

Intraday Tips for 30-Nov'10

Bharti Airtel Ltd. (TGT Hit)
CMP : 338.55
Recommendation : Buy @ 340 for Target of Rs 348-357 and Stoploss of Rs 332.

Dish TV India Ltd. (TGT Hit)
CMP : 66.30
Recommendation : Buy @ 66.50 for target of Rs 67.60-69 and stoploss of Rs 65.

Lupin Ltd. (1st TGT Hit)
CMP : 508.85
Recommendation : Buy above 511 for Target of Rs 517-523 and Stoploss of Rs 499.

Jindal Poly...........read more

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INTRADAY F&O CALLS FOR 30-NOV

Sell Nifty Futures below 5825 for target of Rs 5800-5775 and stoploss of Rs 5850.
Sell Bank Nifty Futures below 11825 for TGT of Rs 11775-11730 and SL of Rs 11875.
Buy BPCL Futures around 678-680 for target of Rs 694-708 and stoploss of Rs 665.
Buy M & M Futures above 779 for target of Rs 788-794 and stoploss of Rs 771.

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Nifty Intraday Views For Tomorrow 30-Nov

It was a cheerful start for the Indian Stock Market. Nifty opened on positive note at 5789.95 levels and closed with handsome gains of 78 pts. Nifty showed some strength and made high at 5843.15 levels and finally managed to closed in green at 5830 levels.

Nifty showed some recovery from support near 5,750 levels and closed in green with lower volumes, which shows bulls have not been fully able to show strength from lower levels. Nifty's short term trend is still down. If Nifty manages to show strength above 5,850 levels then recovery may be continuing.

For intraday tomorrow, trend deciding level is 5,830-5,850. If Nifty shows strength above 5,850 levels, then rally to 5,900/5,950 levels may be seen. If Nifty does not show strength above 5,830 levels then selling pressure till 5,790/5,750/5,700 levels may also be seen.

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Market Starts With Positive Notes

The first day of business week lead Indian stock market index ended with good gains. Nifty (Nifty) crossed the psychological level of 5800. In today's business oil - gas and consumer durables sector approach spans is the most shopping. BSE (Sensex) ups 268 points, ie 1.4% to over 19 405 with the strong. Nifty with an edge of 78 points ie 1.36% to close at 5830. NSE CNX Midcap index of the medium is the fastest of 1.05%. BSE Midcap and BSE Smallcap Index 0.59% to 0.49% is the strength.

Asian stock markets are met - mixed signals this morning between the Indian stock market gains coincided with the beginning of the major indices. In the first hour of trading the Nifty touched the psychological level of 5800. But the Nifty slipped below this level. Then the market is traded in a narrow range. In the third hour of trading the Nifty moved up to the level of 5800. European stock markets enjoyed - a mix between news to start strongly in the Indian market persisted. 19 450 in the last hour of trading the Sensex and Nifty fell by 5843. After Nifty managed to close above 5800 levels.

Areas in terms of oil today - Gas index was the highest 2.69% strength. 1.63% of consumer durables, banking 1.36%, 1.24% on capital goods, IT 1.20%, 1.02% on Healthcare, Auto 0.98% to 0.96% and Realty Teesice suffered the loss of 0.94%. Metal 0.92%, 0.82% in PSU, FMCG and Power in the 0.74% is 0.35% lead

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Intraday Stock Trading Tips For 29-Nov

Tata Consultancy Services Ltd. (Both TGTs Hit)
CMP : 1,045.50
Recommendation : Buy on dips for Target of Rs 1055-1068 and Stoploss of Rs 1022.

Glenmark Pharmaceuticals Ltd. ((First TGT Hit))
CMP : 353.60
Recommendation : Buy @ 352-353 for target of Rs 356-360 and stoploss of Rs 345.

Central Bank of India (First TGT Hit)
CMP : 188.50
Recommendation : Sell @ 190-191 for Target of Rs 185-182 and Stoploss of Rs 195.

Educomp Solutions Ltd. (Two TGTs Hit)
CMP : 539.75
Recommendation : Buy @ 541-542 for target of Rs 545-550-558 and stoploss of Rs 527.50

Market is risky, trade cautiously or get experts advice by Online chat.

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Nifty Intraday Levels For 29-Nov

Today Nifty breached the crucial support level of 5700 and made a low of 5694. The market bounced back from that levels and recovered around 80 pts. By the and of day Nifty Managed to close above 5750, which shows some positive strength for coming trading session.

For intraday tomorrow, trend deciding level is at 5,780. If Nifty shows strength to trade above 5,780 levels, then rally to 5,800/5,830/5,850 levels may be seen. If Nifty does not show strength above 5,780 levels then selling pressure till 5,700/5,650/5,620 levels may also be seen.

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Market Overviews For the Week 22-26 Nov

This week, the markets were dragged low by the realty funding scam. Banking and realty stocks crashed after the CBI arrested top officials of the banking industry for collusion with developers and middlemen. Reports also indicated that SEBI was initiating a probe against insider trading though the finance minister has denied this.

The markets took a sharp beating this week and downward trend prevailed across all sectors. Amidst housing loan scam involving many companies, realty was the worst performer in the second consecutive week.

The numbers are following:

• The Sensex down 2.5% and Nifty down 2.5%.
• The CNX Midcap index was down 5.7%,
• BSE Smallcap index down 7.2%,
• BSE OilGas down 4%,
• BSE Realty down 14%,
• BSE Consumer Goods down 5.5%,
• BSE Bankex down 3.4% over the week.

Filed Under : Nifty Weekly Reports

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Twenty Facts of China's Rapid Growth

China has surpassed Japan in the second quarter of this fiscal year to become the world's second-largest economy, with only the United States ahead of it now. The second quarter of 2010 saw China's gross domestic product standing at $1.34 trillion and Japan's at $1.29 trillion

China's economy during the last three decades has transformed into a market-oriented economy with a booming private sector. The country now is a major player in the global economy. Forecasts suggest that China will surpass the United States as the world's biggest economy by, as early as, 2030.

While the developed world is still struggling to come out of the economic crisis that hit it in late 2008, China's economy is forecast to expand about 10 per cent -- continuing its robust double-digit growth. China is the world's fastest-growing economy, averaging a blistering growth rate of around 10 per cent for the past 30 years!

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Best Intraday Trading Calls

Intraday Stock Tips for 26-Nov'10


Sterlite Industries (India) Ltd. (Both TGT Hit)
CMP : 167.05
Recommendation : Sell @ 168-169 for Target of Rs 165-163 and Stoploss of Rs 170.50.

Shaily Engineering Plastics Ltd. (Both TGT Hit)
CMP : 114.05
Recommendation : Buy @ 114.50 for target of Rs 116-118 and stoploss of Rs 112.50

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Market Views For Tomorrow 26-Nov

Today market continued its short term down trend and showed selling pressure. Nifty closed below 5800 levels and Sensex closed below 19320 with extremely bearish market breadth, which shows bears are having control at the moment. Market sentiments may remain weak, as long as Nifty trades below 5,860 levels and Sensex trades below 19500 levels.

On the basis of daily charts the prices have breached the upward sloping trend line. Hence in coming trading session, if indices trade convincingly below the 19,257 / 5,780, then they may test lower levels of 19,170 - 19,000 / 5,750- 5,700. On the upside, 19,500- 19,628 / 5,880- 5,900 levels may act as resistance for the day.

If we look at Intraday market for tomorrow, trend deciding level is at 5,800. If Nifty shows strength to trade above 5,800 levels, then rally to 5,840/5,870/5,920 levels may be seen. If Nifty does not show strength above 5,800 levels then selling pressure till 5,750/5,720/5,680 levels may also be seen.

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Intraday Calls For 25-Nov

Shaily Engineering Plastics Ltd. (Target Hit)
CMP : 108.65
Recommendation : Buy @ 109 for Target of Rs 111-113 and Stoploss of Rs 106.

Rajesh Exports Ltd. (Target Hit)
CMP : 116.35
Recommendation : Buy @ 116-117 for target of Rs 119-120.50 and stoploss of Rs 114.50.

Apollo Tyres Ltd. (Target Hit)
CMP : 65.10
Recommendation : Buy @ 66 for Target of Rs 67.50-68.50 and Stoploss of Rs 63.50.

Spicejet Ltd.
CMP : 84.85
Recommendation : Buy @ 85.50 for target of Rs 87-88 and stoploss of Rs 83.

..........read more

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Market May Consolidate In The Range Of 6000-5825

Equities were witnessing a choppy session with positive bias ahead of November series F&O expiry. Gains in auto and oil&gas space were offset by losses in capital goods and technology stocks.

The index recovery has made a "hammer" candlestick pattern that suggests the low of 5825 will be defended strongly in the near term by the bulls. We expect the market to consolidate in the range of 6000-5825 in the remaining part of the week with a positive bias. However, the medium term trend has turned in favor of bears which will cap the rallies.

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Forecastings of Stock Market Movements

While forecasting stock market movements and its short term patterns, I've looked a model consisting of many components and indicators. Here's a brief overview of  stock market where four of my five basic categories stand now:

1. The fundamental valuation of the stock market is very high.
2. The macro-economic or business cycle-threatens to turn down again.
3. Liquidity indicators for the G7 countries have deteriorated sufficiently during the past 12 months to rate them as a clear negative for the stock market.
4. The overall technical picture shows some signs of a possible stock market top. But all in all it's more or less neutral.

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An Idea Of a Diversified Portfolio

While many investors and financial advisors may be worried that the idea of a “diversified portfolio” may be somewhat of an illusion these days, I don’t think it is necessarily a bad thing. After all Warren Buffett himself once said that, "Diversification is protection against ignorance. It makes little sense if you know what you are doing."

In other words many investors become so diversified that the ruin any chance of achieving alpha (or outperformance) on their portfolios. That’s one reason why most financial advisors cant manage to match the broad stock indexes.

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Daily Free Intraday Stock Tips

Intraday Stock Tips for 24-Nov'10

Dish TV India Ltd. (Target Hit)
CMP : 70.05
Recommendation : Buy above 71 for Target of Rs 73-75+ and Stoploss of Rs 68.

Shaily Engineering Plastics Ltd.(Both TGT Hit)
CMP : 103.50
Recommendation : Buy @ 103.50 for target of Rs 106-108 and stoploss of Rs 101.

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Indian Stock Market For Tomorrow 24-Nov

Key indices fell sharply as reports of hostility between the South and North Korea further dampened sentiment, already hit by European debt worries. However, a late recovery from the support of 5,800 in afternoon trading session helped Nifty to trim much of its losses. Going ahead, the undertone continues to be fragile given the anxiety surrounding the geo-political concern, Indian political scandals and Euro zone situation.

The market is now in a correction phase. The long term trend remains up. Nifty likely to face resistance around 6,000, if rallies and could find support levels at 5864-5830. The market is likely to remain volatile in view of expiry of derivatives due on 25th November.

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Trading Tips For Nifty Futures And Bank Nifty Futures

Nifty Futures
Sell Nifty Futures below 5,984 for target of 5,960-5,940 and stop loss 6,010.

Bank Nifty Futures
Sell Bank Nifty Futures above 12,450 for target of 12,510-12,590 and stop loss 12,395.

Ask Query....

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Intraday Stock Tips For 23-Nov

UCO Bank
CMP : 151.00
Recommendation : Buy @ 152.50 for Target of Rs 155-158 and Stoploss of Rs 147.

Dena Bank
CMP : 136.40
Recommendation : Buy @ 138 for target of Rs 141-145 and stoploss of Rs 133.


Kotak Mahindra Bank Ltd.
CMP : 479.85 
Recommendation : Buy @ 482 for target of Rs 489-495 and stoploss of Rs 471.

Varun Industries Ltd.
CMP : 243.80
Recommendation : Buy above 247 for target of Rs 253-257 and stoploss of Rs 241.

More Stocks to Buy : Gravita, Jaicorpo, DeltaCorpo.......
......source mOre iNtraday tIps

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Stock Market For Tomorrow 23-Nov

The market has recorded a recovery which improves the undercurrent. The market continues to be in a corrective phase and the long term trend remains up. The market is expected to remain volatile in view of expiry of derivative contracts due on 25th this week.

For the next trading session if indices trade convincingly above 19,990 / 6,020 levels then they are likely to test 20,057 - 20,250 / 6,076 -6,100. On the downside, 19,720 - 19,504 / 5,934 - 5,865 may act support for the day.

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Free Intraday Stock Tips

Intraday Stock Tips for 22-Nov'10

Educomp Solutions Ltd. (Both TGT Hit)
CMP : 605.85
Recommendation : Buy on dips for Target of Rs 617-625 and Stoploss of Rs 582.

Bharti Airtel Ltd. (1st TGT Hit)
CMP : 328.85
Recommendation : Buy near 332 for target of Rs 337-342-350 and stoploss of Rs 323.

Wockhardt Ltd. (Target Hit)
CMP : 395.20
Recommendation : Buy above 400 for Target of Rs 408-413 and Stoploss of Rs 389.

Jindal Poly Films Ltd. (Didn't Execute)
CMP : 511.10
Recommendation : Sell below 500 for target of Rs 491-484 and stoploss of Rs 518.

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Market Technical Views For Monday 22'Nov

After making weekly bearish candlestick pattern, Nifty continued selling pressure, which shows short term trend of market is down and intermediate correction is on. However, Nifty's long term trend is up.

For trading during the next sessions, trend deciding level is 5,900-5,950. If Nifty shows strength above 5,950 levels then we may see rally to 6025/6075/6150/6225 levels. If Nifty doesn't sustain above 5900 levels then decline to 5825/5750/5650 may also be seen.

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Nifty & Bank Nifty Future Tips

For Intraday Trading on 19-Nov

Nifty Futures
Sell Nifty Futures below 5,960 for target of 5,930-5,900 and stop loss 5,990.

Bank Nifty Futures
Buy Bank Nifty Futures above 12,580 for target of 12,620-12,660 and stop loss 12,540.

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Free Intraday Stock Tips

Intraday Stock Tips for 19-Nov'10


India Infoline Ltd. (Didn't Execute)
CMP : 115.80
Recommendation : Buy @ 116.80 for target of Rs 119-121.50 and stoploss of Rs 114.

Patel Engineering Ltd. (Didn't Execute)
CMP : 363.25
Recommendation : Buy above 365 for Target of Rs 370-374+ and Stoploss of Rs 358.

Indian Oil Corporation Ltd. (1st TGT Hit)
CMP : 396.65
Recommendation : Buy near 396 for target of Rs 402-407 and stoploss of Rs 390.

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Market Outlook For Tomorrow (19-Nov)

Today markets traded with higher choppiness but by the end of day finally manage to close in green. On the basis of daily charts and reports it is observing that the prices breached the crucial support levels of 19,769 / 5,937 on intraday basis, but have managed to close well above it and have formed a candlestick pattern that resembles a "Hammer". Therefore in coming trading session only if indices trade convincingly above 20,056 / 6,076 levels then they are likely to test 20,088- 20,216 / 6,100 - 6,120 levels. On the downside, any close below 19,769 / 5,937 would intensify selling pressure and indices may test 19,598 / 5,880 levels.

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Intraday F&O Calls For 18-Nov

Tata Steel
Buy Tata Steel futures above Rs 610 for target of Rs 617-623 and stop loss Rs 603.

ICICI Bank
Sell ICICI Bank futures below Rs 1,196 for target of Rs 1,181-1,166 and stop loss Rs 1,211.

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Intraday Stock Tips For 18-Nov

Reliance Infrastructure
Sell below Rs 980 for target of Rs 969-959 and stop loss of Rs 991.

ABG Shipyard Ltd.
Buy above Rs 454 for target of Rs 463-470 and stop loss of Rs 442.

Jet Airways (India)
Sell below Rs 850 for target of Rs 835-820 and stop loss of Rs 865.

Century Textiles & Industries
Sell around Rs 495 for target of Rs 488-482 and stop loss of Rs 500.10.

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Market Outlook For 18-Nov

In the next session 5,930 may act as an important support for Nifty. Traders are suggested to avoid long positions below 5,930. Metals and pharma stocks may attract buying at lower levels while auto and banking heavy-weights may attract selling pressure at gains. The market is likely to face resistance around 6,200 in the event of rally.

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An Overview of Market Unlikely Sentiments

Must Read

After making the high of 21000, markets manage to store itself. But rising interest rates in Korea and Ireland 69 billion default by the government to some extent among retail investors has created uncertainty. Then, the scandal of the Commonwealth Games, telecoms scam and Adarsh Society scam as well as political affairs news of the loss of Rs 14,000 crore to LIC increased doubts in investors mind. Well, if LIC resorted to the selling its market, then it could be dangerous. But it seem an unlikely market and the Indian government wants to see it as increasing.

My personal opinion is that there is not any barrier in India's development. Government fund-raising exercise will continue next year. In fact, the next year disinvestment target of Rs 75,000 crore is going to increase and therefore the market safe and sound must be. Yet the scope of the market correction will continue to equal the current financial year 2010-11 in view of the anticipated benefits is still a bit expensive at the moment on the spur of value, not cash or liquidity on the spur of the flower. If the Sensex fell by 18,500 that do not care. But, up next Diwali is sure to touch 26,000 goal. That is why investors  are suggested to buy right stocks at the right sense. Kind of permanent decline in the market only come in the face of political changes by which the central government may become unstable.

There is an off tomorrow and Thursday will begin a series of rollover. Market within just five days to roll the open interest of Rs 1,60,000 crore. So this time, huge ups - and downs and older is expected to spread. We can then be subjected to more carry-over rates. High ups and down or Volatility may drag retail investors because they are not willing to cut deals and settle many sectors, especially banking Long.

Take a point tie knots to hold the best stocks on the cheap sentiment of the market is the last dive. Then this great opportunity will not happen again.

Yours goals should clear and complete understanding of stocks to work.

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Market Collaps On Weak Global Cues

It is difficult to assign precise reasons to the heavy fall in markets, but weak overseas markets may have likely resulted in this sharp fall in Indian markets. Global markets have turned weak likely on the back of concerns of monetary tightening in China and further weakness in some of the European economies.

Asian stocks fell for a third day on speculation that governments in the region will take further steps to cool inflation. Japanese benchmark index Nikkei 225 fell 30.41 points or 0.31% to settle at 9,797.10. Hong Kong's Hang Seng declined 334.16 points, or 1.39%, to close at 23,693. China's Shanghai Composite decreased 119.88 points, or 3.98% to settle at 2,894.54.

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Free Intraday Stock Tips Daily On Mobile

Intraday Stock Tips for 16-Nov'10

Deccan Chronicle Holdings Ltd.
CMP : 134.60
Recommendation : Buy above 136.60 for Target of Rs 140-143 and Stoploss of Rs 132.

Shree Renuka Sugars Ltd.
CMP : 93.90
Recommendation : Buy on dips for target of Rs 95-97.60 and stoploss of Rs 90.50.

Oil And Natural Gas Corporation Ltd.
CMP : 1,316.05
Recommendation : Buy on dips for Target of Rs 1328-1340 and Stoploss of Rs 129.

Rashtriya Chemicals & Fertilizers Ltd.
CMP : 124.55
Recommendation : Buy @ 124-125 for target of Rs 128-130+ and stoploss of Rs 122.

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Futures & Options Tips

Short Term Calls : 

Buy Nifty Future/25-Nov for Target of Rs 6200 and Stoploss of Rs 6050.

Buy Allahabad Bank Future/25-Nov for Target of Rs 278 and Stoploss of Rs 245.

Buy Reliance Power Ltd Future/25 Nov for target of Rs 195 and stoploss of Rs 168

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Market Outlook For Tomorrow (16-Nov)

Markets witnessed a flat opening and gradually picked up momentum as the day progressed, to close in green. On the daily chart we are observing that the upward gap area (20,080 to 20,267 / 6,032 to 6,084) levels which we had mentioned in our previous daily report has act as a support for the markets. Hence in the coming trading session if indices trade convincingly above 20,335 / 6,129 levels then they are likely to test 20,435 - 20,590 / 6,155- 6,189 levels. On the down side 20,105- 20,046 / 6,060- 6,034 may act as support for the day.

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Free Intraday Tips

Intraday Stock Tips for 15-Nov'10

Shree Renuka Sugars Ltd.
CMP : 91.30
Recommendation : Sell below 90 for Target of Rs 88-85 and Stoploss of Rs 93.

Gitanjali Gems Ltd.
CMP : 364.00
Recommendation : Sell below Rs 360 for target of Rs 354-347 and stoploss of Rs 374.

RSWM Ltd.
CMP : 188.50
Recommendation : Buy above 190 for Target of Rs 194-199 and Stoploss of Rs 184.

Patni Computer Systems Ltd.
CMP : 477.35
Recommendation : Buy @ 480 for target of Rs 487-492 and stoploss of Rs 468.

Arvind Ltd.
CMP : 61.95
Recommendation : Buy @ 62.30 for Target of Rs 64-65 and Stoploss of Rs 60.50

India Glycols Ltd.
CMP : 200.35
Recommendation : Buy @ 199-201 for target of Rs 205-209 and stoploss of Rs 195.

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Market Trendz For Monday 15-Nov

The recent trends of markets indicate that we may see further lows before entering into consolidation phase. The market breadth has turned to negative after industrial output rising lower than forecast, disappointed the participants caused intensified selling pressure. The Nifty could find immediate support at 6,020 and 5,937. The major resistance would be at 6,210 and 6,244.

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European Stocks Slips Amid China Inflation

European stocks slipped as investors speculated that China will raise interest rates within weeks to tackle inflation, which accelerated to the fastest pace in 25 months in October. It posted the biggest weekly decline in six weeks amid renewed concern that some of the region`s most indebted nations will struggle to reduce their budget deficits.

BHP Billiton, the world`s largest mining company, led a retreat among raw-material companies, sinking 2.1%, as the price of copper headed for its largest decline in two weeks. Bulgari SpA sank 4.8% after profit at the world`s third- largest jeweler trailed analysts` estimates.

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Best Stocks To Buy Tomorrow

Intraday Stock Tips For 12-Nov'10

Gitanjali Gems Ltd.

CMP : 381.10
Recommendation : Buy @ 382-383 for Target of Rs 388-393-405 and Stoploss of Rs 375.

Jindal Poly Films Ltd.
CMP : 634.70
Recommendation : Buy above Rs 638 for target of Rs 647-659 and stoploss of Rs 623.

Reliance Power Ltd.
CMP : 188.60
Recommendation : Buy @ 190 for Target of Rs 196-201 and Stoploss of Rs 184.

Hindalco Industries Ltd.
CMP : 234.05
Recommendation : Buy @ Rs 236 for target of Rs 241-247 and stoploss of Rs 231.

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Market Technical Views For Tomorrow (12-Nov)

Today Indian Stock markets opened flat and witnessed selling pressures as the day progressed which lead the indices to close deep in red. On the basis of daily charts and reports we are witnessing that the prices have taken support on the upward Gap Area which was formed in the range of 20,538 -20,605 / 6,182 - 6,199 levels. At present the intermediate trend is still intact and Indices have support at 20,438 - 20,216 / 6,150 - 6,100 levels. Since the Upward Gap area has acted as a support for the markets a bounce up to 20,675- 20,740 / 6,223- 6,240 levels in the coming trading session cannot be ruled out.

Nifty Intraday Levels :  This profit taking is expected to continue with Nifty having support at 6,161 and if it falls below this level then further selling can be seen. On the other hand Nifty has resistance at 6,243 and 6,307 level

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Intraday Trading Ideas For 11-Nov

Bimetal Bearings Ltd.
CMP : 350.30
Recommendation : Buy above 344 for Target of Rs 362-375+ and Stoploss of Rs 332.

V-Guard Industries Ltd.
CMP : 207.90
Recommendation : Buy @ 209 for target of Rs 213-218 and stoploss of Rs 205.

Indian Hotels Company Ltd.
CMP : 106.70
Recommendation : Buy @ 107 for Target of Rs 109-112 and Stoploss of Rs 105.

Tata Global Beverages Ltd.
CMP : 131.80
Recommendation : Buy @ Rs 132.50 for target of Rs 135-138+ and stoploss of Rs 129.

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Nifty Intraday Levels For Tomorrow

Market Outlook For 11-Nov'10 -:

The market today opened on a positive note, however selling pressure pulled the market down. The market has been moving sideways of late and today was not much difference. The undercurrent of the market is strong and the market is in uptrend. The market is likely to get support around 6,000 in the event of correction, while on the other hand resistance may be around 6350 levels.

If indices trade convincingly above 20,984 / 6,311 levels then they are likely to test  21,109 / 6,339 levels or even extend their gains to test the all-time high of  21,207 / 6,357 levels .On the downside, 20,770 - 20,610 / 6,250 - 6,200 levels may act as support for the day.

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Intraday F&O Calls Recommended for 03-Nov

Larsen & Toubro (L&T)
Buy L&T futures above Rs 2,150 for target of Rs 2,165-2,185-2,210 and stop loss of Rs 2,135.

Grasim Industries
Buy Grasim futures above Rs 2,404 for target of Rs 2,424-2,450 and stop loss of Rs 2,385.

Oil & Natural Gas Corporation (ONGC)
Buy ONGC futures above Rs 1,446 for target of Rs 1,462-1,480 and stop loss of Rs 1,430.

Spot Levels:  Day trader can go long on nifty above 6140 with stop loss 6115 for target 6165 / 6190 and can go short below 6090 with stop loss 6115 for target 6065 / 6040.

INDEX RANGE

NIFTY: 6119
Range: 6065-6165
Resistance: 6140-6165-6190
Support: 6090-6065-6040

BANK NIFTY: 12770.90
Range: 12630-12910
Resistance: 12820-12870-12910
Support: 12735-12680-12630

Short term: Down (6130)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

Ask if Any Query...

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Stock Trading Ideas, Intraday Calls

Intraday Stock Tips : 03-Nov'10

RCF Ltd.
CMP : 104.25
Recommendation : Buy @ 105.40 for Target of Rs 118-130 and Stoploss of Rs 101.

India Infoline Ltd.
CMP : 122.05
Recommendation : Buy @ Rs 123 for target of Rs 126-128 and stop loss of Rs 120.

Ranbaxy Laboratories Ltd.
CMP : 602.30
Recommendation : Buy @ 606 for Target of Rs 611-620 and Stoploss of Rs 602.

Gitanjali Gems Ltd.
CMP : 304.60
Recommendation : Buy @ Rs 306 for target of Rs 315-323 and stoploss of Rs 302.

ICSA-India Ltd.
CMP : 147.75    
Recommendation : Buy @ 145 for Target of Rs 151-155 and Stoploss of Rs 143.

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Market Prediction For 03-Nov

Today markets opened flat, and traded in a narrow range with extreme choppiness but finally managed to close on a flat note. On the basis of Daily Nifty charts and reports we are witnessing a narrow range body formation which reflects indecisiveness prevailing at current level. We maintain our previous day view that on the upside if indices trade convincingly above 20,452 / 6,150 level then they are likely to test 20,578-20,630 / 6,200-6,220 levels. On the downside 20,167-20,092 / 6,060-6,036 levels may act as support for the day.

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Intraday stock Tips, Pre-market Calls

Intraday Tips For Tues(02-Nov'10)

Ranbaxy Laboratories Ltd.
CMP : 601.60
Recommendation : Buy above 604 for Target of Rs 615-628 and Stoploss of Rs 594.

Shree Renuka Sugars Ltd.
CMP : 94.15
Recommendation : Buy @ Rs 94.60 for target of Rs 97-99.40 and stop loss of Rs 92.50.

Bharti Airtel Ltd.
CMP : 334.15
Recommendation : Buy above 336 for Target of Rs 341-345 and Stoploss of Rs 331.

Punj Lloyd Ltd.
CMP : 122.55
Recommendation : Buy @ Rs 123 for target of Rs 126-128.50 and stop loss of Rs 120

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Market Outlook For Tomorrow(02-Nov)

Nifty was positive the whole day and closed for the day above 6,100. In the next  trading session Nifty is expected to trade in the range 6,095-6,151. Breaching of levels either side may decide the trend. Traders are suggested to take long position if Nifty sustains above 6,151, keeping in view 6,222 is a resistance. Banking stocks along with pharma and auto may trade positive while IT and oil-gas may again face selling pressure.

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Best Intraday Stock Tips

Intraday Tips For Mon(01, Nov'10)

Glenmark Pharmaceuticals Ltd.

CMP : 339.80

Recommendation : Buy above 342 for Target of Rs 351-360-373 and Stoploss of Rs 320.

Steel Authority of India (SAIL) Ltd.

CMP : 194.95

Recommendation : Sell below Rs 193 for target of Rs 188-183 and stop loss of Rs 198.

Marico Ltd.
CMP : 136.25
Recommendation : Buy @ 138 for target of Rs 141-143 and stop loss of Rs 134.

Bajaj Auto Ltd.
CMP : 1,513.80
Recommendation : Buy above 1523 for Target of Rs 1540-1557 and Stoploss of Rs 1489.

........How to Trade

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Best Stock Tips/Recommendations

Thermax Ltd
Recommendation : Accumulate
Rs. 863.65 14.00 (1.65%)
Stock Views -: The stock has a good potential to outperform the market. We have a target of 1,000 on this stock. The company has a strong position in the energy and environment infrastructure space with good order book. Besides, it has a strong balance sheet.

Suzlon Energy Ltd
Recommendation : Hold
Rs. 55.45 -1.65 (-2.89%)
Stock Views -: Its results and financial position are still under pressure. But overseas sales and hiving off some of its business could help revive fortunes. The company will benefit when the alternative energy sector attracts more interest. The stock looks a good contrarian bet.

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Best Stock Intraday Tips

Intraday Tips For Fri(29, Oct'10)

Cummins India Ltd.
CMP : 776.25
Recommendation : Buy @ 777-780 for Target of Rs 789-804,++ and Stoploss of Rs 768.

ICICI Bank Ltd.
CMP : 1,090.30
Recommendation : Sell below Rs 1,082 for target of Rs 1,065-1,050 and stop loss of Rs 1,096.

EID Parry (India) Ltd.
CMP : 499.35
Recommendation : Buy @ 503 for Target of Rs 511-517 and Stoploss of Rs 494.

JBF Industries Ltd.
CMP : 220.40
Recommendation : Buy above 222 for target of Rs 228-233 and stop loss of Rs 215.

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Market Outlook For Tomorrow (29-Oct)

On the daily chart, we are witnessing that prices have closed near the crucial support level of 19,822 / 5,966. Any close below this level would confirm a lower top lower bottom formation as well as a bearish "Head and Shoulder" pattern breakdown on the daily chart. This would indicate weakness and indices may test 19,772- 19,700 / 5,950-5,932 levels in coming trading session. On the upside 20,112 - 20,185 / 6,040- 6,070 may act resistance for the day.

Tomorrow is the first day of new contract, Nifty can show some positive trend tomorrow with major support at 5,950 while the resistance at 6,100 levels. Another fact is that, November 3rd is the day on which India's biggest stock the Coal India IPO refund starts and from the total refund, if 10% comes into the secondary markets it can pull up the markets and take it to a new high in coming days.

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Best Intraday Tips; Stock Tips For Tomorrow

Intraday Tips For Thu(28, Oct'10)

Spicejet Ltd.
CMP : 86.00
Recommendation : Buy @ 86.50 for Target of Rs 89-91 and Stoploss of Rs 85.

Steel Strips Wheels Ltd.
CMP : 459.40
Recommendation : Buy @ 464 for Target of Rs 480-496 and Stoploss of Rs 441.

Reliance Communications Ltd.
CMP : 182.50
Recommendation : Buy @ 183 for Target of Rs 188-193 and Stoploss of Rs 178.

Raymond Ltd.
CMP : 442.35
Recommendation : Buy above 444 for Target of Rs 450-459 and Stoploss of Rs 435.

Best Intraday Tips Daily

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Market Views For Tomorrow(28-Oct)

Today markets opened lower and selling intensified as the day progressed which led the indices to close in red. In coming trading session if indices trade below 19,223 / 5,987 levels then they are likely to test crucial support level of 19,822- 19,772 / 5,966-5,932, and any close below 19,822 / 5,966 level would confirm a lower top lower bottom formation on the daily chart. However, a bounce from current levels up to 20,070- 20,165 / 6,040- 6,072 levels cannot be ruled out as the hourly charts are in overbought zone.

 

Ref : Nifty Technical Views

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Stocks Latest Reports and Updates

India Infoline Ltd
India Infoline Ltd has reported consolidated net profit of Rs. 54.14 crore for the quarter ended September 30, 2010, slightly lower from Rs. 58.02 crore for the corresponding quarter of 2009. Net sales was at Rs. 339.37 crore compared with Rs. 313.37 crore for the same quarter of the previous year. On NSE, the company's shares were up nearly 1% at Rs 116.70.

Asian Paints Ltd
Asian Paints Ltd has reported consolidated net profit of Rs. 214.70 crore for the quarter ended September 30, 2010, lower from Rs. 268.39 crore for the corresponding quarter of 2009. Net sales was at Rs. 1810.79 crore against Rs. 1723.93 crore for the same quarter of the previous year. On NSE, the company's shares were down 3.36% at Rs 2,504.80.  

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Stocks To Buy Tomorrow:Best Intraday Tips

Intraday Tips For Wed(27, Oct'10)

Jai Balaji Industries Ltd.
CMP : 317.2
Recommendation : Buy above 320 for target of Rs 327-336 ++ and Stoploss of Rs 308

Bajaj Hindustan Ltd.
CMP : 131.25
Recommendation : Buy @ 131.50 for target of Rs 133.50-136 and stoploss of Rs 129.

UCO Bank
CMP : 134.35
Recommendation : Buy @ 135.50 for Target of Rs 139-143 and Stoploss of Rs 131.

Vijaya Bank
CMP : 110.05
Recommendation : Buy @ 110.50 for Target of Rs 113-115 and Stoploss of Rs 108.50.

Tata Chemicals Ltd.
CMP : 439.90
Recommendation : Buy above 441 for target of Rs 447-453 and stoploss of Rs 435.
 

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Market Outlook For Tomorrow (27-Oct)

In the next session Nifty if sustained below 6,070, than it may trade in negative zone throughout the day. High volatility is expected on account of F&O expiry ahead. 6,125 may act as a strong resistance level. Traders are suggested to sell at gains. Metals and capital goods may face more selling while auto and oil-gas may trade positive.

Trading Strategy For Tomorrow

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Stocks To Buy Tomorrow : Intraday Tips

Intraday Tips For Tues(26, Oct'10)

Uflex Ltd.
CMP : 318.25
Recommendation : Buy above 320 for the target Of Rs 327-333 and stoploss of Rs 311.

Alok Industries Ltd.
CMP : 25.60
Recommendation : Buy @ 26 for target of Rs 29-32 and stoploss of Rs 24.20.

Sutlej Textiles & Industries Ltd.
CMP : 349.20
Recommendation : Buy on dips for target of Rs 359-373 and stoploss of Rs 334.

Development Credit Bank Ltd.
CMP : 68.45
Recommendation : Buy @ 69 for target of Rs 72-75 and stoploss of Rs 66.

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Stock Tips and Recommendations

Suzlon Energy Ltd(Hold)
Rs. 58.70 -0.75 (-1.26%)
The stock is in an intermediate uptrend but in a long term downtrend. The outlook for position traders is positive. Hold with a stop loss of 52 and targets of 63- 69.

Indiabulls Real Estate Ltd(Hold)
Rs. 210.15 0.65 (0.31%)
The stock is likely to rise in the short term. However, the realty sector is in a downtrend. The company has come out with good earnings and its growth and visibility is likely to improve going forward. Hold with a stop loss of 190 and a target of 236 in medium term.

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Market Outlook For Tomorrow (26-Oct)

Market opened higher and traded with positive bias throughout the day to close in green. On the daily chart, we are observing that prices have managed to stay close above the short-term moving average (5day EMA). This suggests, continuation of the up move. Hence, if indices trade convincingly above 20,452 / 6,151 levels then they are likely to test 20,578 - 20,720 / 6,200- 6,250 in couple of trading sessions. On the downside, 20,088 / 6,043 level may act as support for the day.

Ref: Nifty50 Daily Reports

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Free Intraday Tips

Intraday Tips For Mon(25, Oct'10)

Shree Ganesh Jewellery House Ltd.
Recommendation : Buy @ 185
CMP : 183.90
Target : 192-198
Stoploss : 176

Sobha Developers Ltd.
Recommendation : Buy above 372
CMP : 370.50
Target : 378-385
Stoploss : 361

Uflex Ltd.
Recommendation : Buy @ 306
CMP : 303.75
Target : 313-322
Stoploss : 298

IDBI Bank Ltd.
Recommendation : Buy @ 172
CMP : 171.10
Target : 175-179
Stoploss : 168

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Market Prediction For The Week (25-29'Oct)

Technically the market has generated as sell but when I look at the indicators, it gives an impression that a sharp reaction is not ruled out as the market is still in a typical sideways zone. The market unfolded flat as expected and in a very typical sideways zone.

The coming trading week heads into an F&O expiry week and the market has established a strong support at 6,000 levels. I would say 6000 is a crucial level (Make or Break level) and the market is expected to find stiff resistance around 6200 levels.

From a trading point of view I would continue long as 6,000 holds and on the upside I would have logical target at 6,325.

 

Ref : Nifty Technical Views

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Stock Tips and Recommendations

Lakshmi Vilas Bank Ltd

Recommendation : Hold
Rs. 130.30 -0.55 (-0.42%)
Stock Views : The long term trend is up but the stock might correct in the short term. The stock has support at 102. Hold with a stop loss of 125.

Biocon Ltd

Recommendation : Hold
Rs. 444.60 1.25 (0.28%)
Stock Views : The stock has seen a spectacular rise. Hold with a target of 550-600 in the long term. Can book profits in the short term and re-enter at 320-330 levels.

Stock Tips and Recommendations :

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Market Technical Views For Monday(25-Oct)

Technically, Nifty breached the vital sentimental support levels of 6,100 and closed at 6,066. For Monday the market is expected to move sideways. The market is likely to face resistance around 6,200 and get support around 5,950. Market may remain volatile in view of expiry of derivative contracts due next week.

Ref : Nifty Technical Views

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Intraday F&O Calls

Tata Motors
Buy Tata Motors futures above Rs 1,180 for target of Rs 1,190-1,200 and stop loss of Rs 1,170.

Bhushan Steel
Buy Bhushan Steel futures above Rs 532 for target of Rs 540-550 and stop loss of Rs 523.

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Free Intraday Tips Daily On Mobile

Intraday Tips For Fri(22, Oct'10)

Bharti Airtel Ltd.
Recommendation : Buy @ 335-337
CMP : 337.45
Target : 343-350
Stoploss : 329

Sasken Communication Tech Ltd.
Recommendation : Buy @ 230
CMP : 228.85
Target : 234-239
Stoploss : 225

United Phosphorus Ltd
Recommendation : Buy @ 205
CMP : 204.85
Target : 210-214
Stoploss : 201

Supreme Infrastructure India Ltd.
Recommendation : Buy @ 292
CMP : 289-20
Target : 298-305
Stoploss : 287

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