Date : 09th October,2010. v What was Last week: · Markets were quite cheerful at the onset but gradually lost sheen by the end of the week. Sensex and Nifty closed 0.95 percent and 0.65 percent down respectively on weekly basis. Once again volatility ruled the day's trade. · Global cues remained subdued and the same drift was seen at domestic level as well. The benchmarks recovered from the intra‐day lows in last leg of trade. Sectoral indices concluded in a mixed fashion. Healthcare stocks were in limelight while Metal counter was gloomy. Traded volumes were on similar track. Market Breadth skewed towards the bearish activity during the day. Nifty futures traded 41 points premium to spot. · As suggested last week for advisable 30-40% works nicely. Keep holding……….30-40% liquidity…….. v Weekly level o BSE SENSEX (20250) Keep stop loss of 20178 and enjoy rally till 20500-20687-20827. It is important to sensex to cross above 20267 for rally. o NSE NIFTY (5103) Keep sl as 6055 and enjoy rally till 6175-6205-6250. It is important to nifty to sustain above 6080. v Stock to watch for next Week : o ACC (1018) Keep sl as 1005 upper target will be 1018 -1025 1043 1065 o BANKBARODA(942) Keep 925 target will be 942-955 -968- 984 o BANK INDIA (558) Keep sl as 542 enjoy rally till 568-588-602 . o DLF (383) Re-enter above 384 ,Keep sl as 372 sure target will be 395-404. o HINDALCO (215) Keep sl as 210 target will be 222 229 Next target 222 o HDIL (278) Keep sl as 265 sure target will be 284 293. Wait till sustain above 279. o JINDAL STEEL (725) Keep sl as 713 short covering will lead stock to 735-745. o LT(2042) Keep 2015 as sl & upper target will be 2075-2097. o LICHOUSINGFIN (1413) Keep sl as 1380 tgt will be 1459 1485. o TATASTEEL (627) Keep sl as 611. Wait till sustain above 629 & enjoy rally till 642-654. It is advisable to keep 30%-40% cash level………& investment up the level of 60-70%.................... |
Friday, October 8, 2010
Tuesday, October 5, 2010
Stock 2 watch for short term profit.............all will blast in next 1-2 month.....................just not the CMP & recall after 1-2 months
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Friday, October 1, 2010
v What was Last week: o Indian equity benchmarks rallied for fifth consecutive week on back of consistent inflow of funds from foreign institutional investors (FIIs). The Nifty added 734.7 points (13.58%) and the Sensex 2446.63 points (13.59%) during the same period. o Nifty has Support @ 6075-5980. Resistance place at 6260 and 6357 & nifty will touch resistance in next 1-2 week. v Weekly level o BSE SENSEX (20445) Keep stop loss of 20178 and enjoy rally till 20687-20827 o NSE NIFTY (6143) Keep sl as 6080 and enjoy rally till 6205-6250 v Stock to watch for next Week : o ABANOFFSHORES(853) Above 858 will touch 872-892 & keep sl as 835. o APIL (527) Above 834 it will rally till 842-858, keep sl 819. o BANKBARODA(887) Keep sl as 872 & will touch 906-925. o DLF(388) Minimum target 395 above it will sure touch 404-414, keep 377 as stop loss. o HINDALCO (204) keep sl as 201 target will be 210-216. o HDIL (270) Keep SL 262 Minimum target will be 278-284. o SBI (3261) has good support around 3230 sure shot target will be 3295-3357. o TATASTEEL(668) keep sl as 654 target will be 677-685-694. It is advisable to keep 30%-40% cash level………& investment up the level of 60-70%.................... |