Lucarative Intraday stocks

Huge buying volumes in the Stocks like HDFC BANK and Reliance, where u find FIIs attracted the most..... Just watch the stocks and there buy volumes.........!!!!!


A good amount of buyers seen in RelPetro (RPL) , Buy @ 82 with SL 78.6 for an upward movement till 84.5 >> 87.25


A huge amount of buyers seen NAGARFERT buy @ 16.50 sl 14.90 uptrend till 18.25 >> 19.75



Sellers in high volume in WIPRO , Sell below 241 with a stoploss at 248 for a lower trend till 232 >> 227
(firt tgt met as touched a low of 231.05)


Keep NIFTY 2700 and 2800 puts in your portfolio with a stoploss of 2864 NIFTY (Spot)

POSITIONAL BUY SIGNALS IN STOCKS:

NDTV @ 112.50 sl 109.1 upside till 118 >> 123
ASHOK LEYLAND @ 13.15 Sl 11.80 upside 17 >> 19.75

GUJNRECOKE @ 22 SL 19.75 upside till 26.50 >> 29.75
KINGFISHER AIR @ 29.15 SL 27 upside till 32 >> 35
RELPETRO @ 70 sl 68.25 Upside till 75 >> 79
BUY PTC @ 67 sl 62 upside till 75 >> 82
HINDALCO @ 49.50 SL 46.5 upside till 55 >> 59

Market Commentary as on Dec12,2008

GOOD MORNING...............!!!

Nifty Futures Dec 08:

Supports :  - 2835  ,  2802  , 2769   , 2728

Resistance: - 2872 ,   2897   , 2897  ,  2915

The wednesdays  trading session in india saw a dampning tradaing day, with the indices ending in negitive note as we have said earlier in the day.

 The US Markets showed a volatile trading session before ending almost 2.5% down on DOWand the NASDAQ ....

Asia Opened weak with the concerns of US AUTO Bailout and are trading with heavily negitive sentiments. 

The Asian INDICES recoreded a good fall  with : NIKKEI down almost 600 points and HANGSENG almost 1100 down where as the SGX NIFTY trading more than 100 points lower.

On the back of global weakness, Indian indices are expected to open low and today will be real test or our markets, with the  IIP nos in the row to be out today.  Chances are we will bounce from the lows  and there after remain volatile with negitive sentiments.

Watch out for 2802 to 2897 in Nifty as a crutial trading levels.

We advice to stay short in nifty with the given trading levels as a stop loss.