Impacts Of Union Budget On Indian Stock Markets

The Indian stock market was clouded with Union Budget worries the whole of last month. However the budget only spelt well for the market. In the coming times economic consolidation will lead to sustainable growth which will be beneficial for India Inc.

BUDGET CONCERNS prevailed in the Indian stock market during February. The market was more or less volatile. During the second half of February the market showed a little bit of consolidation. The Rail Budget was a non- event but Union budget was not. On the budget day sensex gained 175 points, the highest single day gain in February. Except the fuel price hike proposal the budget was pretty decent according to first reviews.

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Intraday Share Tips For Tomorrow 01-Mar

Coal India Ltd. (two TGTs Hit)
CMP : 328.15
Buy above 330 for Target of Rs 335-339-345+ and Stoploss of Rs 321.

McLeod Russel (India) Ltd. (two TGTs Hit)
CMP : 210.30
Buy @ 210-211 for Target of Rs 214-216-218.40 and Stoploss of Rs 207.

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Nifty outlook for Tomorrow 01-Mar

Today Nifty showed shooting star candlestick pattern, after which a hammer candlestick pattern shows indecision among bulls and bears. Neither Bulls nor bears have been able to take advantages. For next trading session selling pressure may be continuing below 5,300 levels. On the other hand, If Nifty shows respect for support at 5,300 levels then some recovery may also be seen. 

For intraday trading, trend deciding level is at 5,300-5,330. If Nifty shows strength above this level, then rally to 5,360/5,400/5,460 levels may be seen. On the downside if Nifty fails to show strength above 5,300 levels then selling till 5,260/5,225/5,180 may also be seen.

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Intraday Tips For Monday 28-Feb

Dish TV India Ltd.
CMP : 58.10
Buy above 59 for Target of Rs 60/60.60/61.50 and Stoploss of Rs 56.30.

Mercator Lines Ltd. (All TGTs Hit)
CMP : 35.40
Buy @ 35.60 for Target of Rs 36/36.50/37 and Stoploss of Rs 34.50

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Market Technical Views For Monday 28-Feb

By the weekend market recovered some gains which suggests some positive trend for coming trading sessions. Looking at Nifty daily charts and reports it is expected that market may remain positive on Monday.

For intraday trading, trend deciding level is at 5,315-5,320. If Nifty shows strength above these levels, then rally to 5,350/5,390/5425 levels may be seen.  On the downside if Nifty does not show strength above these levels then selling till 5,270/5,240/5,210 may also be seen.

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Intraday Share Tips For Tomorrow 25-Feb

Lupin Ltd. (All Targets Hit)
CMP : 388.95
Sell below 386 for Target of Rs 382-375-367 and Stoploss of Rs 393.

Jindal Poly Films Ltd. (First Target Hit)
CMP : 431.25
Sell below 428 for Target of Rs 423-417-410 and Stoploss of Rs 437

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Nifty Outlook For Tomorrow 25-Feb

Markets witnessed a gap down opening and traded down throughout the day. Selling pressure intensified as the day progressed which led the indices to close deep in red.

On the basis of daily charts and reports we are observing that indices have closed well below the support zone of the upward gap area (17,750to 17,855 / 5,320 to 5,340) which suggests weakness. In coming trading session if indices trade below 17600/5,240 levels then they are likely to test 17,375 / 5,200 levels or the prior bottom of 17,295 / 5,175. However, on the upside a bounce up to 17,865 - 17,980 / 5,310 - 5,370 can be touched.

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Nifty Futures and Bank Nifty Futures Tips For 24-Feb

Nifty Futures
Sell Nifty Futures below 5,410 for target 5,380-5,355 and stop loss of Rs 5,436.

Bank Nifty Futures
Sell Bank Nifty Futures below 10,640 for target of 10,590-10,525 and stop loss of Rs 10,690.

Ref: Nifty F&O Tips

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Share Tips For Intraday Tomorrow 24-Feb

Apollo Hospitals Enterprise Ltd.
CMP : 486.40
Buy above 488 for Target of Rs 495-499-504 and Stoploss of Rs 480.

Power Grid Corporation of India Ltd.
CMP : 99.60
Buy above 100 for Target of Rs 101-101.80-102.50 and Stoploss of Rs 97.50

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Stock Market For Tomorrow 24-Feb

Today Nifty showed indecision in range 5,445-5,500, and finally closed below the short term support level of 5,440. On the daily charts and Nifty reports it is expected that volatility may continue with negative bias. Traders are suggested to trade carefully and be cautious. Decisive price action may be seen only above 5,600 or below 5,400 levels. 

For Intraday trading tomorrow, the trend deciding level is at 5,450. If Nifty shows strength above this level, then rally to 5,500/5,525/5,550 levels may be seen. On the other side if Nifty fails to trade above 5450 levels then selling till 5,400/5,350 may also be seen.

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Intraday Trading Strategy For Nifty Futures and Bank Nifty Futures

Nifty Futures

Buy Nifty Futures above 5,485 for target 5,505-5,520 and stop loss of below Rs 5,465.

Bank Nifty Futures

Sell Bank Nifty Futures below 10,760 for target of 10,700-10,600 and stop loss above of Rs 10,810.

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Intraday Share Tips For Tomorrow 23-Feb

Aban Offshore Ltd. (First TGT Hit)
CMP : 566.15
Buy on dips for Target of Rs 574-580-588 and Stoploss of Rs 555.

TVS Motor Company Ltd. (Call Didn't Execute)
CMP : 50.65
Buy above 51 for Target of Rs 51.70-52.50-53 and Stoploss of Rs 49.20.

IndusInd Bank Ltd. (First TGT Hit)
CMP : 233.90
Buy above 234 for Target of Rs 237-240-242 and Stoploss of Rs 229.

Sterlite Industries (India) Ltd. (All TGTs Hit)
CMP : 167.95
Buy around 168 for Target of Rs 170-172-173+ and Stoploss of Rs 164.

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Stocks To Buy For Mid term : Stock Recommendations

MphasiS Ltd.

Recommendation: Buy
Market Price: Rs 677.25
Target Price: Rs 750
Stoploss: 628

MphasiS has been sprucing up sales force under the direct channel to boost revenues through new client relationships. The company is seeking inorganic growth opportunities, backed by a strong cash balance of Rs 1,639.5 crore. At CMP, MphasiS is trading at 13.3x P/E FY2011E with RoE of 31%.

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Stock Market For Tomorrow 23-Feb

Today market showed a highly volatile session and finally closed in red. On the basis of daily charts and reports we are witnessing a narrow range body formation which suggests a consolidation phase may be seen in next trading. 

For tomorrow trading session, if indices trade convincingly above 18,360 / 5,480 levels then it is likely to test 18,450- 18,590 / 5,530 - 5,550 - 5,575 levels. On the down side, 18,185 - 18,080 / 5,432 - 5,400 are crucial support levels for the indices and any close below 18,080 / 5,400 levels may intensify the selling pressure.

For any position in Nifty Ask2Analyst

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Share Tips For Intraday Tomorrow 22-Feb

Tata Global Beverages Ltd.
CMP : 96.30
Buy above 97 for Target of Rs 98-98.70-99.50 and Stoploss of Rs 94.60.

Wipro Ltd.
CMP : 450.25
Buy above 452 for Target of Rs 457-460-465+ and Stoploss of Rs 444.

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Markets Outlook for Tomorrow 22-Feb

Today market opened flat and traded with choppiness almost all the day, but in the last trading hour the markets took stellar U-turn and not only recovered the losses of morning trade but made the gains of around 1%.

For intraday tomorrow, trend deciding level is at 5,500. If Nifty manages to trade above 5,500 level, then rally to 5,550/5,580/5,625 levels may be seen. If Nifty does not show strength above 5,500 levels then selling till 5,460/5,400 may also be seen.

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Intraday Share Tips For Monday 21-Feb

Sobha Developers Ltd.
CMP : 251.70
Buy above 254 for Target of Rs 257-260-262 and Stoploss of Rs 246.

Rajesh Exports Ltd.
CMP : 137.75
Buy above 138 for Target of Rs 140-143-145 and Stoploss of Rs 134.

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Share Market Outlook for Monday 21-Feb

It was overall a good trading week for Indian Stock Markets. Looking at Nifty daily charts and reports it is expected that market may remain positive on Monday.

For intraday tomorrow, trend deciding level is at 5,470-5,485. If Nifty shows strength above these levels, then rally to 5,520/5,590 levels may be seen.  On the other side if Nifty does not show strength above these levels then selling till 5,410/5,3750/5,350 may also be seen.

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Share Tips For Tomorrow 18-Feb

Power Grid Corporation of India Ltd.
CMP : 98.40
Buy @ 98-99 for Target of Rs 100-100.80-102 and Stoploss of Rs 96.50.

IRB Infrastructure Developers Ltd.
CMP : 183.90
Buy above 185 for Target of Rs 187-190-192 and Stoploss of Rs 180

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Share Market Outlook For Tomorrow 18-Feb

Overall market sentiment is looking positive as Nifty trading in range of 5,400-5,500 for last two trading sessions. Today Nifty broke the 5,500 resistance level and closed on a strong note. The strength shown by the markets today is expected to take them towards the 200 DMA of 5,632.

For intraday trading tomorrow, the trend deciding level is at 5,550. If Nifty shows strength above 5,550 level, then rally to 5,575/5,625 levels may be seen. If Nifty does not show strength above this levels then selling till 5,500/5,475 may also be seen.

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Intraday Share Tips For Tomorrow 17-Feb

Uflex Ltd. (First Two TGTs Hit)
CMP : 158.95
Buy on dips for Target of Rs 161-162-164 and Stoploss of Rs 155.

OnMobile Global Ltd. (All TGTs Hit)
CMP : 225.05
Buy above 227 for Target of Rs 230-232-234 and Stoploss of Rs 221.

Wipro Ltd. (SL Triggered)
CMP : 437.15
Buy above 439 for Target of Rs 443-445-448 and Stoploss of Rs 433.

Varun Industries Ltd. (All TGTs Hit)
CMP : 196.85
Buy around 197 for Target of Rs 200-202-205+ and Stoploss of Rs 194.

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Nifty Outlook For Tomorrow 17-Feb

It was another volatile session for second continuous day in Indian Stock Markets. Nifty is trading in 100 points range for two consecutive days. Volatility may be continuing within the range of 5,400-5,500 levels. Decisive price action may be seen above 5,500 or below 5,400 levels.

For intraday tomorrow, trend deciding level is at 5,480-5,500. If Nifty shows strength above 5,500 level, then rally to 5,540/5,625 levels may be seen. If Nifty does not show strength above 5,480 levels then selling till 5,450/5,400/5,350may also be seen.

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Share Tips For Intraday Tomorrow 16-Feb

Sobha Developers Ltd. (Ist TGT Hit)
CMP : 239.95
Buy on dips for Target of Rs 243-245-248 and Stoploss of Rs 234.

Tata Global Beverages Ltd. (SL Triggered)
CMP : 95.50
Buy on dips for Target of Rs 97-98-99.20 and Stoploss of Rs 93.

Chambal Fertilisers ((Ist TGT Hit)
CMP : 75.10
Buy @ 75-75.80 for Target of Rs 76.50-77-78 and Stoploss of Rs 73.50.

Mundra Port (Ist TGT Hit)
CMP : 141.85
Buy on dips for Target of Rs 144-146-147 and Stoploss of Rs 138.

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Share Market For Tomorrow 16-Feb

Today Nifty showed a highly volatile session and made Doji type candlestick pattern on the charts which suggest indecision among bulls and bears at current market levels. Selling pressure may resume if Nifty trades below 5440 levels else volatility may be seen. 

For intraday trading, trend deciding level is at 5,480-5,500. If Nifty shows strength above this levels, then rally to 5,540/5,620 levels may be seen. On the other side if Nifty fails to show strength above 5,480 levels then selling till 5,450/5,400/5,350 may also be seen.

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Share Tips for Tomorrow 15-Feb

Lupin Ltd. (SL Triggered)
CMP : 425.05
Buy above 428 for Target of Rs 433-438-445 and Stoploss of Rs 418.

IndusInd Bank Ltd. (All TGTs Hit)
CMP : 219.75
Buy on dips for Target of Rs 223-225-228 and Stoploss of Rs 215.

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Share Market For Tomorrow 15-Feb

After a long subdued sessions markets witnessed a positive opening and momentum on the upside intensified as the day progressed which lead the indices to close near days high.

On an intraday chart, we are witnessing that prices have tested the upper trendline of the channel. Any breakout of the channel could lead the indices to test 18,400 - 18,540 / 5,510 - 5,565 levels. On the downside, 17,870 - 17,760 / 5,350 - 5,320 may act as support for the day.

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Share Tips For Tomorrow 11-Feb

OnMobile Global Ltd (All TGTs Hit)
CMP : 215.40
Buy above 217 for Target of Rs 220-224-227 and Stoploss of Rs 211.

Jindal Poly Films Ltd. (First Two TGTs Hit)
CMP : 422.85
Buy above 425 for Target of Rs 430-436-443 and Stoploss of Rs 415.

Dena Bank (Ist TGT hit and Second almost)
CMP : 89.20
Buy above 90 for Target of Rs 92-93-94.50 and Stoploss of Rs 87.

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Share Market For Tomorrow 11-feb

As market have entered in oversold region, it is expected that market may slip in beginning of the session. But remember by the second half of trading market may recover losses as the closing of weekend.

On an intraday trading, if indices trade convincingly above 17,530 / 5,250 levels then they are likely to test 17,650 - 17,745 / 5,275 - 5,310 levels. On the downside, 17,360 - 17,200 / 5,195 - 5,170 are immediate support for the indices.

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Intraday Share Tips For Tomorrow 10-Feb

Uflex Ltd.
CMP : 123.30
Sell Uflex Ltd. for Target of Rs 120-116-110 and Stoploss of Rs 130.
(Sell Until it trades above 130)

Lupin Ltd.
CMP : 380.60
Sell below 376 for Target of Rs 371-366-360 and Stoploss of Rs 387.

Wait for more......

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Nifty Intraday Levels & Trading Strategy for 10-Feb

It was another volatile session in Indian Stock Market. Markets traded in high choppiness and closed in red. Technically Nifty's short term trend is bearish and Nifty is trading below important support level of 5350. It is expecting that weakness may continue below 5,350 levels. Nifty also has important support at 5,225 levels, if Nifty show strength from 5,225 levels then volatility within 5,225-5,350 range may be seen.

Trading Strategy For Tomorrow :

For Intraday tomorrow, trend deciding level is at 5,225-5,250. If Nifty shows strength to trade above 5,225-5,250 level, then rally to 5,350/5,440 levels may be seen. On the other side if Nifty fails to trades above 5,225 levels then selling pressure till 5,160/5,100 may also be seen.

Join Us Free for safe trading....:)

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Intraday Share Tips For Tomorrow 09-Feb

ABG Shipyard Ltd. (Call Didn't Execute)
CMP : 345.20
Buy above 347 for Target of Rs 351-355-362 and Stoploss of Rs 340.

Sobha Developers Ltd.(All TGTs Hit)
CMP : 208.35
Sell below 210 for Target of Rs 205-200-197 and Stoploss of Rs 214.


Uflex Ltd. (All TGTs Hit)
CMP : 142.85
Sell below 141 for Target of Rs 138-130-123.60 and Stoploss of Rs 148.

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Markets Intraday Levels For Tomorrow 09-Feb

Technically markets is in downtrend and looking weak on chart. On the basis of daily charts and reports, we are witnessing that indices have closed below the crucial support levels of 17,820 / 5,350 which suggests weakness. 

For Next Intraday trading session if indices trade below 17,740 / 5,300 levels then they are likely to test 17,600 - 17,380 / 5,250 - 5,200 levels. On the upside, 18,000 - 18,150 / 5,400 - 5,450 levels may act resistance for the day.

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INTRADAY SHARE TIPS FOR TOMORROW 08-FEB

Jindal Poly Films Ltd.
CMP : 459.95
Buy above 460 for Target of Rs 467-472-480 and Stoploss of Rs 447.

Shree Renuka Sugars Ltd.
CMP : 92.30
Buy on dips for Target of Rs 94-95-96.40 and Stoploss of Rs 89.60.

wait for more tips.....

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Nifty Intraday Trading Strategy For Tomorrow 08-Feb

Today markets opened higher and traded in a range bound movement with choppiness and finally closed flat. Market may take cues from global markets and may trade positive.

On the daily chart we are witnessing a narrow range body formation which refers indecisiveness prevailing at current level. In coming trading session, if indices trade convincingly above 18,180 / 5,440 levels then they are likely to test 18,260 - 18,345/ 5,470 - 5,500 levels. On the downside, 17,820 / 5,350 levels are the multiple supports, if breached then indices could test 17,670 / 5,300 levels.

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Intraday Share Tips For 07-Feb 2011

Suzlon Energy Ltd.
CMP : 48
Buy above 47.30 for Target of Rs 49-50-50.60+ and Stoploss of Rs 46.50.

Dish TV India Ltd.
CMP : 57.55
Buy above 59 for Target of Rs 61-62.70-64 and Stoploss of Rs 54.

Lupin Ltd.
CMP : 421.60
Buy @ 424-425 for Target of Rs 428-431-435 and Stoploss of Rs 416.

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RIL is Likely to Challenge Chevron's Bid for Atlas Energy

Reliance Industries (RIL) is likely to challenge Chevron's bid for Atlas Energy, according to a letter disclosed by the U.S. natural gas producer in a filing with the US Securities and Exchange Commission. The company also stated that it would like to evaluate options including whether it could be able to create incremental value for Atlas.

Reliance had, in January 2011, sent a letter to Atlas Energy board asking why it was not given an opportunity to bid for Atlas Energy in spite of its interest in the company and substantial financial resources.

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Nifty Intraday Outlook for Monday 07-Feb

Markets failed to manage yesterday's gains and has again resumed its downward move. It is likely expected that Nifty may consolidate in a range of 5,300 to 5,600.

For Intraday Trading on Monday  market may take cues from global markets and likely to open on a positive note. Traders are suggested to long nifty if it trades above 5430 levels, else they can go for short nifty. Nifty could find Support at 5340-5306 levels and 5436-5480 may act as resistance levels for the day.

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Share Tips For Tomorrow 04-Feb

Sobha Developers Ltd.(Ist TGT Hit)
CMP : 233.10
Buy above 235 for Target of Rs 238-240-242 and Stoploss of Rs 229.

Chambal Fertilisers & Chemicals Ltd. (All TGTs Hit)
CMP : 73.85
Buy above 73.5 for Target of Rs 75-76-76.50 and Stoploss of Rs 72.

SRF Ltd. (Ist TGT Hit)
CMP : 324.15
Buy above 326 for Target of Rs 330-332-335 and Stoploss of Rs 320.

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Nifty Levels & Trading Strategy For 04-Feb

On the daily chart, we are observing a positive trend for next trading sessions. This suggests further upside may be seen tomorrow. On the upside, indices are likely to test 18,600 - 18,660 / 5,600 - 5,620 levels in coming trading sessions. On the downside, 18,266 - 18,217 / 5,490 - 5,460 levels may act support for the day.

Trading Strategy For Tomorrow :

Traders are advised to trade long in Nifty from 5,540 levels for targets of 5,570 and 6,000 levels with a stop loss placed below 5,480 levels. Traders holding on to long position in Nifty (Future) should maintain stop loss of 5,510.

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Ezypt Crisis & Its Impact On Indian Markets

Egypt remains top of the news and as high food prices have been one of the reasons behind the unrest in North Africa, commodity shortages are in focus and that seems to be fuelling investment into commodities. Plus with the Suez Canal being an important shipping choke‐point and the Middle East generally an oil hub, the markets are rightly nervous that the situation in the region could escalate. However, with the Egyptian army saying they will not fight their own people it does raise the prospects for a relatively peaceful solution –however, whether the unrest flows to other countries is a different matter.

Impact on Indian markets

FII selling can take markets down by 10%-15% more, in our view. We will see any decline in stock prices as a buying opportunity to invest in attractively priced growth stocks.

Most of the negatives have been priced in. Were it not for the Egyptian crisis, the market would have seen some consolidation as the fundamentals continue to be positive.

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Share Tips For Tomorrow 03-Feb

Fortis Healthcare Ltd. (Partial Profit Booked)

CMP : 140.15

Buy above @ 140-141 for Target of Rs 143-145-147.40 and Stoploss of Rs 137.

Wipro Ltd. (Ist Two TGTs Hit)

CMP : 437.65

Buy around 435 for Target of Rs 440-443-447 and Stoploss of Rs 430.

Glenmark Pharmaceuticals Ltd.

CMP : 291.15

Sell below @ 290 for Target of Rs 285-282.60-276 and Stoploss of Rs 298.

IDFC Ltd. (Ist TGT Hit)

CMP : 141.10

Sell below 140 for Target of Rs 138-136.50-135.30 and Stoploss of Rs 144.

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Share Market For Tomorrow 03-Feb 11

Nifty is still holding its major support levels at 5,400-5,345 and as it is witnessing oversold situation, we may see pullbacks in next trading sessions, but I can not say that the markets have finished its correction unless it closes above 5,565 levels.

For Intraday Tomorrow market may find a crucial support levels at 17,930 / 5,390. If indices trade below this level, then it may test 17,820 / 5,350. On the upside 18,200 - 18,452 / 5,490 - 5,540 levels may act as resistance for the day.

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Share Tips For Tomorrow 02-Feb

Tata Global Beverages Ltd. (Ist TGT Hit)

CMP : 98.10

Buy on dips for Target of Rs 100-101-101.60+ and Stoploss of Rs 95.50.

Uflex Ltd. (All TGTs Hit)

CMP : 156.60

Buy above 157 for Target of Rs 159-161-163 and Stoploss of Rs 152.80

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Nifty Intraday Levels and Trading Tips For Tomorrow 02-Feb

Nifty continues to trade choppy with a negative bias. It is expecting that market may consolidate in a range of 5,300 to 5,600 for next trading session.

On the basis of Intraday charts and reports, markets seems near to the crucial support of 17,930 / 5,390 levels. For intraday trading tomorrow if indices trade below this level, then it may test 17,820 / 5,350. On the upside 18,159 - 18,300 / 5,465 - 5,520 levels may act as resistance for the day.

Nifty Futures Intraday Levels :
Resistance – 5545/5600
Support – 5350/5300

Bank Nifty Intraday Levels :
Resistance – 10570/10730
Support – 10380/10100

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