| Scrip Name | F & O Close Rate | Target 1 | Target 2 | Stoploss |
| HIND OIL | 179 | 183 | 187 | 175 |
| SIEMENS | 874.9 | 882 | 899 | 860 |
| UNIPHOS | 137.9 | 140 | 143 | 135 |
| HINDOIL | 179 | 183 | 187 | 175 |
| RELIANCE | 997 | 1007 | 1018 | 980 |
Tuesday, March 22, 2011
Buy Call
Corporate Snippets
± ICICI Bank Ltd, in association with Intuit announced the launch of “Money Manager”, an online personal finance management solution for its customers. (BS)
± Essar Energy Plc, whose plans to sign a gas sales purchase agreement with RIL for supply of 0.6mn metric standard cubic meters of gas for its Vadinar refinery in Gujarat has now hit a stumbling block. (ET)
± The Supreme Court has admitted the petition of Reliance Communications challenging the order of the telecom tribunal TDSAT, which had set aside the plea of Anil Ambani group firm challenging penalty imposed by the state-run firm BSNL. (ET)
± Gail India has endorsed petroleum sector regulator's proposal allowing pipeline companies to charge tariffs lower than approved rates. (ET)
± Voltas has decided to form a joint venture with German-based Linde Material Handling GmbH (LMH), a part of KION Group, for materials handling business. (BL)
± Everest Industries will set up a new manufacturing facility in East India to cater to the growing demand as it aims to cross Rs10bn revenue in 2011-12. (BS)
± BPCL has deferred shutdown of a hydrogen unit at its Mumbai refinery and a diesel unit at the Kochi plant to meet local fuel demand. (ET)
± HPCL may defer the planned 15-day shutdown of a 60,000 barrels per day crude unit at Mumbai refinery to September to meet local fuel demand. (ET)
± IOC may consider deferring shutdowns of units at some of its refineries to meet local fuel demand. (ET)
± Hindustan Copper plans to invest Rs36.8bn to almost quadruple its existing copper ore production capacity to 12.41mn tonnes per annum by 2016-17. (ET)
Monday, March 21, 2011
NIFTY FO has resistance @ 5397-5409;
above which other resistance levels are @ 5417-5437.
In down side support levels are @ 5347-5330 levels;
below which other support levels are @ 5319 - 5309
levels in MARCH - 2011. �I am positive for next week above 5437
level but be with the trend. Let the market decide further moves.
As we are saying from many days Buying is suggested in falls only...
and its still a better strategy in the given scenario......
One can go for buy at those levels also, but in absence
of that its time to BOOK PROFIT now. This is a pessimistic
outlook but that's the way we tend to be, in this market.
above which other resistance levels are @ 5417-5437.
In down side support levels are @ 5347-5330 levels;
below which other support levels are @ 5319 - 5309
levels in MARCH - 2011. �I am positive for next week above 5437
level but be with the trend. Let the market decide further moves.
As we are saying from many days Buying is suggested in falls only...
and its still a better strategy in the given scenario......
One can go for buy at those levels also, but in absence
of that its time to BOOK PROFIT now. This is a pessimistic
outlook but that's the way we tend to be, in this market.
Friday, March 18, 2011
INTRADAY MARKET
Markets to open in GREEN
&
Likely to bounce back
Keep Stocks Specific Approach
Mid-Small Cap stocks may in limelight
Nifty & Sensex Levels
| Nifty / Sensex | F & O Close Rate | R-1 | R-2 | S1 | S2 |
| NIFTY | 5479 | 5514 | 5568 | 5441 | 5401 |
| SENSEX | 18149 | 18340 | 18502 | 18040 | 17880 |
Buy Call
| Scrip Name | F & O Close Rate | Target 1 | Target 2 | Stoploss |
| CAIRN | 340 | 353 | 357 | 542 |
| ORCHIDCHEM | 290.75 | 296 | 301 | 286 |
| RANBAXY | 468 | 477 | 486 | 460 |
| RELINFRA | 655.9 | 670 | 685 | 638 |
| KOTAKBANK | 430 | 436 | 443 | 421 |
| RCOM | 106.9 | 108.9 | 112 | 103.7 |
NIFTY FO CLOSED @ 5466 AS ON 17.03.2011
NIFTY FO has resistance @ 5488 - 5509; above which other resistance levels are @ 5517 -5530. In down side support levels are @ 5447 - 5430 levels; below which other support levels are @ 5419 - 5409 levels in MARCH - 2011.
�I am positive for next week above 5530 level but be with the trend. Let the market decide further moves. As we are saying from many days Buying is suggested in falls only... and its still a better strategy in the given scenario...... One can go for buy at those levels also, but in absence of that its time to BOOK PROFIT now. This is a pessimistic outlook but that's the way we tend to be, in this market.
Thursday, March 17, 2011
NIFTY FO CLOSED @ 5529 AS ON 16.03.2011
NIFTY FO has resistance @ 5555 to 5573
above which other resistance levels are @ 5588 - 5610.
In down side support levels are @ 5509 - 5497
levels; below which other support levels are @ 5481 - 5471
levels in MARCH - 2011. I am positive for next week above 5610 level
but be with the trend. Let the market decide further moves.
As we are saying from many days Buying is suggested in falls only...
and its still a better strategy in the given scenario......
One can go for buy at those levels also, but in absence of that its time to
BOOK PROFIT now. This is a pessimistic outlook but that's
the way we tend to be, in this market.
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