Pri Market Intraday Ideas / Pri Market Ideas

For now considering the unprecedented carnage in the global financial markets and uncertainty over the fate of the US and other major economies, we would like to refrain from giving any intra-day trading ideas. We continue to advise caution at this stage.

Investors should stay on the sidelines till the global sell-off abates and markets stabilise. One should not get carried away if there is any kind of a relief rally, as further selling is expected. Any advance in Indian stocks can only be sustained if global markets recover.

Positive & Nagative Breakouts

Positive Breakouts
Cairn India
Sintex Ind
Bharti Airtel
India Cements

Negative Breakouts
Asian Paints
GMR Infra
HCL Tech
Sun Pharma
Tata Steel

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Pri Market Commentary ...

Today, we expect a weak opening following the overnight tumble on Wall Street and equally sharp cuts across key Asian markets.There could be some pull-back in stocks after a gap-down opening provided Asian and later on European markets show some improvement. The bad news is that the markets will tumble at start. The good news, wish we had something to share. There are still concerns about how deep, long and widespread this global recession will be.

Even as the city of Mumbai limps back to normalcy, the markets' focus too seems to be back on the fundamentals, both global and local. Switching attention back to the market may be good, but one can’t really enjoy the fact that the constant flow of bad news continues unabated. We are not talking of just global markets. The set of macro-economic numbers released on Monday points to a deepening economic downturn at home. Exports are down 12% in October. Automobile sales are sliding. Manufacturing sector continues to take a beating. Sales of oil products too are down. In this context, the corporate report card over the next few quarters will be keenly followed. At the same time, one can argue that the bad news was already on the cards and most of it is already reflected in stock prices.

सेन्सेक्स ( 8839.87) -252.85 अंक गिरकर, निफ्टी (2682.90) -72.20 अंक गिरकर, बंद....

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Sensex : 8939.90 -153.90 || Nifty : 2715.90 -39.90

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Market slips from days high led by fall in ICICI Bank, ITC and SBI

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

European markets update:

FTSE Index down 0.8%,
CAC Index down 0.6% and
DAX Index down 0.9%

Maruti Suzuki Nov domestic sales at 47,704 units, down 27% (YoY);

Maruti Suzuki has come out with sales figures for the month of November. Its November domestic sales stood at 47,704 units, which is down 27% (YoY). November sales stood at 52,711, down 24% (YoY) while exports stood at 5007 units Vs 4483 units (YoY).

Indias October trade deficit at $10.5bn VS $6.5bn

Indias October imports rose to $23.4bn
Indias October exports fell to $12.8bn

High risk traders buy & hold HDFC Bank at Rs958.5 with SL of Rs942.5 for target of Rs985, 995

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Buy & hold GMR Infra at Rs56.5 with SL of Rs51.5 for target of Rs66, 68

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Book profit partially in ICICI Bank recommended on Friday

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

our SMS on friday was ...
"High risk traders buy & hold ICICI Bank between
Rs345-352 with SL of Rs331 for target of Rs372, 382"
GET SUCH CALLS ~ GET PAID~ JOIN US!

Just Pay Rs3000 for 3 Months
[sms "QTY" to 09825677777]

Or call 098256 77777 for other details.

TVS Motors Nov Motorcycles sales at 45,276 units (down 21%)

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Our Buy & hold call of RIL recommended on Friday is going strong, we are long since 1120 levels

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Delivery Call:: Buy and Hold Yes Bank at 59.90 - 63.90, SL 59.90 hold for 60days for target of Rs67.90, 74.90 and 77 plus

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Our HRT Intraday call on Sell Nifty trun in profit zone now trading at 2808.90 HOLD FOR TARGET

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Today is World AIDS Day,

World AIDS Day, observed December 1 each year,

is dedicated to raising awareness of the AIDS pandemic caused by the spread of HIV infection.

For more detail, visit

http://en.wikipedia.org/wiki/World_AIDS_Day

Delivery call : Buy and Hold BHEL on dips around 1300-1350, SL1194.90 hold for 1450, 1500 and plus 60days

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

Our first target complited in MARUTI at 544.90, book profit

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"

IDFC : Our delivery call going strong upby 4.50%, hold for target

"Visit Daily www.NorthPole77.com ,Join profit making community...Today!"