Friday, March 27, 2009
सेन्सेक्स (10048.49) 45.39 अंक चढ्कर, नीफ़्टी (3108.65) 26.40 अंक चढ्कर, बंद..
European markets update: DAX Index flat,CAC Index up 0.2% and FTSE Index flat.
Long 3000 April Nifty Put @ Rs99 or less with SL of Rs86 for target of Rs128
Buy & hold STER between Rs372-374 with SL of Rs366 for target of Rs387, 390
Buy & hold Canara Bank between Rs165-166 with SL of Rs159 for target of Rs176, 177
High risk traders Buy & hold Renuka Sugars between Rs89-90 with SL of Rs85.5 for target of Rs95, 96
High risk traders Buy & hold Reliance Capital between Rs365-367 with SL of Rs358 for target of Rs377, 380
Pre Market Ideas !!
Buy Indus Bank
Nifty levels as per CHARTS!!
BELOW @ 3073 level,
it will be in BEARISH TREND.
SELLING is suggested
with SL of 3088 level
for the target @ 3037 to 3017 levels;
Regarding BULLISH TREND,
BUYING is suggested
at the level of 3088
with SL of 3073,
Target at 3097 to 3109 levels
Pre Market Commentary ...
Today we expect the market to open higher, but the mixed trend in Asia could spoil the party. Some cooling cannot be ruled out after the stupendous rally of the past three weeks. And when it happens the bulls too may just call it healthy!
The bulls will hope their tree of gains stands tall and doesn’t get chopped down. The roles appear to have been reversed as the bulls seem to be on a roll after a long, long time. The bears had been calling all the shots since the massive breakdown early last year. Suddenly, the tables turned earlier this month. World markets have rebounded, led by a rally in US shares amid some tentative signs of economic recovery. The bulls have greeted every positive development with renewed confidence. Be it the positive commentary from top banks or encouraging economic reports or the latest bank rescue measure.
With some signs of recovery in economic activity and also with Inflation almost near sub-zero territory, though partly a statistical magic bulls would look to extend gains unless global cues give way.
Pre Market Intraday Ideas !!
Buy SBI
Essar Oil
Essar Oil edged higher by 0.5% to Rs75.4 after reports stated that the company is set to acquire 50% stake in 4mtpa Kenya Petroleum Refinery. The scrip touched an intra-day high of Rs80 and a low of Rs74.6 and recorded volumes of over 0.6nm shares on BSE.
ONGC
Shares of ONGC have advanced by 5% to Rs804 after reports stated that the company plans to set up a crude desalter plant in Mehsana, similar to its existing facility in Nawagam at an estimated cost of Rs1.5-2bn. The scrip touched an intra-day high of Rs814 and a low of Rs763 and recorded volumes of over 1.7mn shares on BSE.
FIIs were net buyers in the cash segment on Thursday at Rs12.9bn
Positive & Nagative Breakouts
RNRL
Gujarat NRE
Dr Reddy'S Labs
TV 18
NTPC
Negative Breakouts
EIH
Dish TV
Glaxosmithkline
Jain Irrigation
GTL
Thursday, March 26, 2009
सेन्सेक्स (10003.10) 335.20 अंक चढ्कर, नीफ़्टी (3082.25) 97.90 अंक चढ्कर, बंद..
High Risk Traders : Short SBI March 1080 Call option at Rs15-14 with SL of Rs23 for a target of Rs30
Inflation for the week ended March 14 was at 0.27%
Delivery Call : Buy and hold Aban Offshore at Rs340-344 with SL of Rs326 for target of Rs370,377 in 2-3 days
Pre Market Commentary ...
Today, the bulls may look forward to inflating their gains for now as the market is set to continue its recent ascent. We expect another positive start and a firm close, unless global cues give way. Some short-covering is likely on account of F&O expiry. Traded volumes too have picked up this week, which is a healthy sign. Still, one has to stay rooted to the ground, as the market could face a few bumps in the coming month.
There are some signs of recovery in economic activity. Inflation is all set to move into sub-zero territory, though partly it is a statistical magic. Consumer inflation is still pretty high at around 7-8%. For a day you can stop thinking and ride the upmove with stop losses to protect your downside.
A few good economic reports in the US have added fizz to the recent rally across global markets. Wall Street and world markets have also welcomed the latest bank bailout plan by the Obama regime. Add to that encouraging commentary from top global banks, and you have a pretty good platform for the bulls to exploit. But be careful as the bottoming process is going to take time.
Gail
Shares of Gail India advanced by over 3.5% to Rs234 after the company announced that it signed an agreement with Ministry of Petroleum. The company has announced that it has set a target to transport 94.8mn cubic meters per day of gas in the year starting April.
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DLF
Shares of DLF gained by 6% to Rs176 after reports stated that the company plans to book ~Rs20bn revenue from sale of 4.5mn sq ft of commercial space to the group company, DAL. The scrip touched an intra-day high of Rs178 and a low of Rs164 and recorded volumes of over 6.6mn shares on BSE.
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Positive & Nagative Breakouts
Sintex Ind
NMDC
Tata Tele
Asian Paints
Alstom Projects
Negative Breakouts
BF Utilities
EIH
IRB Infra
Dish TV
Divis Labs
Join profit making community...Today!"
Pre Market Ideas !!
Pre Market Intraday Ideas !!
Buy Ster
NIFTY (2984) SUP 2935 RES 3025
FIIs were net buyers in the cash segment on Wednesday at Rs3.48bn
Wednesday, March 25, 2009
सेन्सेक्स (9667.90) 196.86 अंक चढ्कर, नीफ़्टी (2984.35) 45.65 अंक चढ्कर, बंद..
SBI - RIL ; Our morning call Sl triggred
UNITECH ; Our morning call target achived
European markets update: FTSE Index up 0.1%, DAX Index flat and CAC INdex up 0.3%
Nifty trading ranges as per CHARTS!!
Intraday below 2929 level,
It will be in Bearish trend.
Selling is suggested
with SL of 2937 level
for the target of
2909 to 2890 levels
Regarding POSITIVE TREND,
Buying is suggested AT
level of 2937 with
SL of 2929,
Target AT
2961 to 2973 levels
Pre Market Ideas !!
Pre Market Intraday Ideas !!
Pre Market Commentary ...
Like the Sensex, the Nifty too will switch to a free float market capitalisation methodology. Investors may start making adjustments to their portfolios before the new formula comes into effect from June 26 ’09.After a great start on Monday, weakness did set in after all on Tuesday. The bulls expectedly failed to sustain the buying momentum. Key indices tumbled from a day's high even as Asian markets closed mostly higher.
To sum up the recent gains, FIIs have been buying, global markets have staged a smart comeback, No major bad news has hit Wall Street and currency fluctuations have ebbed to an extent. Looking at the offloading towards the end, the slide may continue further. There could be wild swings for sure ahead of F&O expiry also the political uncertainty would continue to take its toll over the market sentiment.
Crompton Greaves
Crompton Greaves erased gains and slipped sharply by 9% to Rs122. The stock had surged after the board of directors approved Buy-back of fully paid Equity Shares of Rs2/- each, from the open market through the Stock Exchanges, at a price not exceeding Rs170/- per share, upto an amount of Rs2241.52mn being 25% of the total Paid-Up Capital plus Free Reserves as per the audited Balance Sheet of the Company for the year ended March 31, 2008.
Bajaj Hindusthan
Shares of Bajaj Hindusthan gained by a percent to Rs45.1 after the company announced that the board of directors would meet on April 01, 2009, to consider, issue of equity shares / convertible securities / warrants to the promoters on preferential allotment basis.
Reliance Industries
Reliance Industries shares gained by 1% to Rs1451. According to reports, the company has raised the marketing margin it will charge on selling natural gas from eastern offshore KG-D6 fields to US$0.15 per mmbtu from US$0.12 per mmBtu earlier. The scrip touched an intra-day high of Rs1472 and a low of Rs1442 and recorded volumes of over 1.9mn shares on BSE.
Positive & NAgative Breakouts
Bank of India
HUL
Tech Mahindra
IDBI Bank
Colgate-Palmoliv
Negative Breakouts
Crompton Greaves
Jain Irrigation
IRB Infra
India Cements
NIFTY(2938) SUP 2890 RES 2980
Tuesday, March 24, 2009
सेन्सेक्स (9471.04) 47.02 अंक चढ्कर, नीफ़्टी (2938.70) -1.20 अंक गिरकर, बंद..
European markets update: FTSE Index up 0.9%, CAC Index up 1.3% and DAX Index up 1.1%
Pri Market Commentary ...
Today, the bulls would look to carry on the momentum, however, there could be wild swings ahead of F&O expiry. Also, some resistance is likely at higher levels as investors could turn cautious ahead of an eventful April. We will have to contend with earnings, elections and RBI policy next month.
After an arduous six-year drive, the Tata Nano has finally found some stability and will hopefully roll on smoothly. Ratan Tata’s engineering marvel could potentially turn out to be a game-changing product. However, some teething troubles are a given. Whether it is a boon or a bane for Tata Motors only time will tell.
The bulls too are driving ahead as markets globally seem to be on overdrive. The latest catalyst powering the global rally is the US government’s plan to buy banks’ soured assets and get credit flowing again. The news was out early on Monday morning, sending stocks in Asia and Europe sharply higher. The Wall Street followed the global trend with the key indices there up 6-7%.
The fact that the US news was already discounted yesterday leaves limited scope for the Indian market to react to the Wall Street rally. Still, we will see the key indices building on the recent momentum. Banking shares are likely to be among the leading gainers.
Remember, except for the current half-hearted sentiment, things haven’t changed dramatically. The upside appears limited. Check your fuel before planning a long drive.
NIFTY (2939) SUP 2890 RES 2980
Indian market ended with stellar gains on Monday with huge turnover. Exchanges recorded its highest turnover ~72,000cr since September 2008. After a bright start, key indices gained momentum as the day progressed.
Unabated buying in the banking, oil & gas and metals stocks lifted the BSE Sensex and the NSE Nifty t close above the 9,400 and 2900 levels respectively.
Finally, the BSE Sensex surged 457 points to close at 9,424 and the NSE Nifty surged 132 at 2,939.
Pre Market Ideas !!
Pre Market Intraday Ideas !!
Buy Rel Cap
Buy Rcom
Tata Motors
Shares of Tata Motors surged over 3% to Rs166 after hitting an intra-day high of Rs173 and a low of Rs164 and recorded volumes of over 2.7mn shares on BSE.
Positive & Nagative Breakouts
Andhra Bank
Maruti Suzuki
Dish TV
NTPC
Bharat Forge
Negative Breakouts
Indian Oil
IRB Infra
Satyam Computer
Amtek Auto
Power Finance
FIIs were net buyers in the cash segment on Monday at Rs3.76bn
Monday, March 23, 2009
सेन्सेक्स (9424.02) 457.34 अंक चढ्कर, नीफ़्टी (2939.90) 132.85 अंक चढ्कर, बंद..
Our SL triggered in Nifty March Futs
European markets update: FTSE Index up 1.4%, CAC Index up 1.3% and DAX Index up 1.9%
Sell Nifty Mar Fut at Rs 2893 SL 2920 Tgt 2860,2845.Intraday Only.
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Sell Nifty Mar Fut at Rs 2893 SL 2920 Tgt 2860,2845.Intraday Only.
Trail SL in Reliance Infra to Rs500 -trade safe
Our RELIANCE is trading strong at 1381++, we are long from 1177, get such bull run JOIN US!!
ALL SHORT
TERM - FO - INTRADAY
TARGET ACHIVED
BOOK PROFIT
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- " no jai no viru - only dhiru " -
Buy & hold Reliance Infra between Rs498-502 with SL of Rs489 for target of Rs522, 525
Nifty levels as per charts ...
Intraday below 2817 level,
it will be in Bearish trend.
Selling is suggested
with SL of 2837 level
for the target of 2788 to 2770 levels;
Regarding POSITIVE TREND,
Buying is suggested at level of 2837
with SL of 2817,
Target at 2861 to 2873 levels.
Pre Market Commentary ...
Today, as we look set for a bright start. Indices may be in green but make sure your investments too are safe. Asian indices are mostly higher. Obama regime is expected to announce a plan to buy banks’ soured assets. Nifty futures in Singapore and Dow futures are smartly up. But, there could be wild swings for sure ahead of F&O expiry. Also, some resistance is likely at higher levels as investors could turn cautious ahead of an eventful April. We will have to contend with earnings, elections and RBI policy next month.
On the political front, the heat is definitely on. The two main parties (Congress and BJP) so far have been the worst hit. While an internal row is taking toll on BJP, the Congress is facing a revolt of sorts from long-time allies like RJD. Even its alliance with in Uttar Pradesh (SP) and Maharashtra (NCP) are pretty fragile. Post the vote counting, the equations could swing either way. It is this uncertainty and unpredictability of polls that could potentially prove to be a spoilsport for the bulls.
Pre Market Ideas !!
Pre Market Intraday Ideas !!
Buy Reliance
NIFTY (2807) SUP 2775 RES 2860
Positive & Negative Breakouts
Bajaj Finserv
Bajaj Hindusthan
Ambuja Cements
Shree Renuka Sug
Asian Paints
Negative Breakouts
Bharat Elect
Allahabad Bank
L&T
Bharti Airtel
Shriram Trans