Day Trading Ideas -
HDIL
Buy above 65.10 for targets of 65.90 and 66.85
Sell below 62.10 for targets of 62.05 and 61.25
LNT
Buy above 566 for targets of 571 and 578
Sell below 546 for targets of 540 and 535
Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Thursday, March 12, 2009
Morning Brief 12-03-09
Good Morning ....!!!
The support for the Sensex is 80470 and the resistance to the up move is at 8522-8676.
Nifty: (2573) the support for the Nifty is at 2539 and the resistance to the up move is at 2704.
US markets ended mixed.
Europe also ended mixed.
Asia has opened lower. Expect Indian Markets to open flat to negative.
Inflation data wil be released today. Inflation may slip below 3% today.
The support for the Sensex is 80470 and the resistance to the up move is at 8522-8676.
Nifty: (2573) the support for the Nifty is at 2539 and the resistance to the up move is at 2704.
US markets ended mixed.
Europe also ended mixed.
Asia has opened lower. Expect Indian Markets to open flat to negative.
Inflation data wil be released today. Inflation may slip below 3% today.
Monday, March 09, 2009
Inrtaday Trading Ideas
Stocks to watch out for -
Reliance - Reliance has a good support at 1150 and above 1195 it can move till 1260 (weekly basis.) (SL of 1120)
TCS - buy above 474. It has good support at 469 and a resistance at 494 . SL of 463
Other stocks to watch out are -
IDFC
HDFC
Ranbaxy
DLF
Reliance - Reliance has a good support at 1150 and above 1195 it can move till 1260 (weekly basis.) (SL of 1120)
TCS - buy above 474. It has good support at 469 and a resistance at 494 . SL of 463
Other stocks to watch out are -
IDFC
HDFC
Ranbaxy
DLF
Morning Cues and Market Briefing 09-03-2009
Good Morning........!!!
Nifty spot will be: 2672,2645,2634,2611,2576,2564
On Friday the Indian Markets recovered a bit with short covering in the end session and gained nearly 1.5% pointsOn both the Indices. US markets on friday closed almost flat with DOWJONES closing in green . Crude would stand aside with gains coming in the last weekahead of the OPEC meeting.Asian markets are trading mixed with SANGHAI gaining more than 1% and HANGSENG losing the same percentage.
Indian markets are expected to open flat to positive and we may seepositive closing today . Do not expect aggresive buying in the marketsas it is struggling to survive witht the volumes touching lows on every trading day. The 2504 levels on the nifty is a good support for the trading range and if this level break with high volumes, we may see nifty below 2380 levels on NIFTY .
We advice members no to go for buys for the short term as the bottom is unknown in the markets . Newscoming from the outside and in the Indian markets are extremely negative. We see some stocks like SATYAM and UNITED SPIRITS to tradehigher today. Watch out for a rebound in banking , IT , Metal and realty stocks as the sectors are in oversold position.
Nifty spot will be: 2672,2645,2634,2611,2576,2564
On Friday the Indian Markets recovered a bit with short covering in the end session and gained nearly 1.5% pointsOn both the Indices. US markets on friday closed almost flat with DOWJONES closing in green . Crude would stand aside with gains coming in the last weekahead of the OPEC meeting.Asian markets are trading mixed with SANGHAI gaining more than 1% and HANGSENG losing the same percentage.
Indian markets are expected to open flat to positive and we may seepositive closing today . Do not expect aggresive buying in the marketsas it is struggling to survive witht the volumes touching lows on every trading day. The 2504 levels on the nifty is a good support for the trading range and if this level break with high volumes, we may see nifty below 2380 levels on NIFTY .
We advice members no to go for buys for the short term as the bottom is unknown in the markets . Newscoming from the outside and in the Indian markets are extremely negative. We see some stocks like SATYAM and UNITED SPIRITS to tradehigher today. Watch out for a rebound in banking , IT , Metal and realty stocks as the sectors are in oversold position.
Friday, March 06, 2009
Intraday Ranges 06-03-09
Reliance Industry
Buy above 1162 for targets of 1169 and 1175
Sell below 1132 for targets of 1125 and 1119
Idea Cellular
Buy above 45.10 for targets of 45.90 and 46.75
Sell below 43.25 for targets of 42.90 and 42.25
Unitech
Buy above 26.10 for targets of 26.85 and 27.45
Sell below 24.90 for targets of 24.25 and 23.90
Buy above 1162 for targets of 1169 and 1175
Sell below 1132 for targets of 1125 and 1119
Idea Cellular
Buy above 45.10 for targets of 45.90 and 46.75
Sell below 43.25 for targets of 42.90 and 42.25
Unitech
Buy above 26.10 for targets of 26.85 and 27.45
Sell below 24.90 for targets of 24.25 and 23.90
Market View 06-03-09
Good Morning
The support for the Sensex is 7995 - 7890 and the resistance to the up move is at 8410
Nifty: (2576) the support for the Nifty is at 2450 - 2390 and the resistance to the up move is at 2674Inflation fell down to 3.03%
US markets tumble along with the European markets.Asia has also opened weak.I expect Indian markets to open weak.Indian markets may go below 8K mark today itself.
The support for the Sensex is 7995 - 7890 and the resistance to the up move is at 8410
Nifty: (2576) the support for the Nifty is at 2450 - 2390 and the resistance to the up move is at 2674Inflation fell down to 3.03%
US markets tumble along with the European markets.Asia has also opened weak.I expect Indian markets to open weak.Indian markets may go below 8K mark today itself.
Wednesday, March 04, 2009
Intraday calls
LT - Buy above 575 with sl 566 uptrend till 588 >> 596
RELINFRA(REL) Buy above 443 sl 435 uptrend till 451 >>458
RELINFRA(REL) Buy above 443 sl 435 uptrend till 451 >>458
Market View
Good Morning.....!!
Nifty traded in a strict range for the entire day and experienceda selloff in the last hour of trade and managed to close well above the day's low on backing positive European cues in the laterhalf of the day.
Today we expect the nifty to open flat with a +ve bias and thereby staying range bound like yeserday, 2648 and 2682 levels on nifty (spot)seems to form a good Resistance. Nifty can find support around 2599 and 2565 levels , if Nifty spot breaks both the levels- we may see further downside till 2400 levels in the near future....
Stay cautious and trade with stoploss. we advice to book profit in the BTST positions today or trail with stroct stoploss.
Nifty traded in a strict range for the entire day and experienceda selloff in the last hour of trade and managed to close well above the day's low on backing positive European cues in the laterhalf of the day.
Today we expect the nifty to open flat with a +ve bias and thereby staying range bound like yeserday, 2648 and 2682 levels on nifty (spot)seems to form a good Resistance. Nifty can find support around 2599 and 2565 levels , if Nifty spot breaks both the levels- we may see further downside till 2400 levels in the near future....
Stay cautious and trade with stoploss. we advice to book profit in the BTST positions today or trail with stroct stoploss.
Tuesday, March 03, 2009
intraday levels and stocks to watchout for .....!!
Stocks with +ve bias : Renuka, Mphasis, Tata Motors (SL 146), BPCL, BHEL
Stocks for Investment : RIL, Bharti BEL, Lupin, HUL
Stocks for Investment : RIL, Bharti BEL, Lupin, HUL
Market view
On back of weak global cues Nifty kept cracking from highs. It got minor support @ 2680, but that to broken on later hours. For today, watchout for 2662-2625, closing below it may lead to 2520 zone. Abv 2680, we may see some releif rally. Dow Jones cracked almost 5%, closing below 7000 mark nearly 12 yr low, after AIG reports biggest quarterly loss in corporate history & Nifty Fut: Broke crucial support of 2660. It may test 2600-2580 if stays blw 2625. We would like to advise all to think of covering shorts once in 2550-2600 range & wait for confirmation for next move. We may expect a flat/gapdown opening of 20-30 pts on Nifty, avoid shorting at lower levels
Monday, March 02, 2009
Intraday calls
MAHASEAMLESS Buy above 124 with SL 115 TGT 133
EDUCOMP - SELL below 1665 with SL 1679 for a Target 1645 >> 1555
RIL MAR FUT(BUY) 1200-1205 (Target1) 1220(Target2) 1235(Sl) 1192
AKRUTHICITY MAR FUT(SELL) below 855 (Sl) 865Target 832 >> 798
EDUCOMP - SELL below 1665 with SL 1679 for a Target 1645 >> 1555
RIL MAR FUT(BUY) 1200-1205 (Target1) 1220(Target2) 1235(Sl) 1192
AKRUTHICITY MAR FUT(SELL) below 855 (Sl) 865Target 832 >> 798
Market View For 02/03/09
Good morning
Nifty: Resistance 2770/2807 Support 2725/2690/2660
On friday Nifty gave a good swings on both sides & finally closed -17 pts @ 2763.65. On friday GDP was announced, it was @ 5.3 % in the 3rd quarter ended December 2008 were much lower than the expected growth. It was down sharply from a GDP growth of 7.6% in the 2nd quarter . Also we have RIL-RPL merger news on cards, so alot of volatility would be witnessed in this counter, so avoid it. RPL could be hammered if any unfavourable news comes in. Eyes on 2660 on Nifty on downside. Closing below 2620 may lead to 2507 zone.
Reliance industries and reliance petroleum - swap raito to be 16:1(1 share of RIL for every 16 shares held in RPL)
Nifty: Resistance 2770/2807 Support 2725/2690/2660
On friday Nifty gave a good swings on both sides & finally closed -17 pts @ 2763.65. On friday GDP was announced, it was @ 5.3 % in the 3rd quarter ended December 2008 were much lower than the expected growth. It was down sharply from a GDP growth of 7.6% in the 2nd quarter . Also we have RIL-RPL merger news on cards, so alot of volatility would be witnessed in this counter, so avoid it. RPL could be hammered if any unfavourable news comes in. Eyes on 2660 on Nifty on downside. Closing below 2620 may lead to 2507 zone.
Reliance industries and reliance petroleum - swap raito to be 16:1(1 share of RIL for every 16 shares held in RPL)
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