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%.................... |
Saturday, September 18, 2010
Date : 18-09-2010. Weekly View v Sexsex & Nifty Watch:- Ø As indicated Indices managed to take out 19000 / 5700 mark and continued their journey towards higher levels. 20286 / 6139 the highest ever closing of the indices are the next minor resistances for indices. A breakout above the same would see indices heading higher towards the next targets of 20661 / 6202. Ø Traders are advised to maintain a stop loss of 19014 / 5705 for long trading positions, and continue to book trading profits in the rally towards 20286 / 6139 and beyond. v Level to watch for 20-09-2010. Ø BSE SENSEX (19595) keep sl as 19447 target will be 19640-19863 Ø NSE NIFTY (5885) keep sl 5845-5885-5907-5963-6030 Hold CALLs only above 5907 v Stock for intraday trade:- Ø ACC LTD (500410) #954-969-986-998-1017-1043-1064 First target 1017 Ø HERO HONDA MOTORS LTD (500182) #1670-1716-1745-1750-1769-1788-1809 Target 1809 Ø LIC HOUSING FINANCE LTD-E (500253) #1268-1286-1311-1318-1322-1357-1389 Next target 1357 Ø STERLITE INDUSTRIES (INDIA) LTD. (500900) #164-168-171-173-174-177-184 Target 177 v Stock for instant trade:- Ø AXISBANK (1506) Keep SL 1488 above it will 1506 will surely touch 1523 next target will be 1548-1583 Ø BANKBARODA(875) Keep SL as 863 confirm target will be 884-906-925. Ø BANKINDIA(498) Keep Sl 485 target will be 506-518-527. Ø LT(1962) Keep sl as 1945 minor resistance at 1968 then will touch 1991-2020. Ø TCS (912) Keep SL as 895 intraday target 912-920 & short term target will be 945-954. |
Thursday, September 16, 2010
Market for 17th September,2010. v NSE NIFTY (5829) :- It is advisable to hold the long position only above 5845. Above the said level nifty may touch new high of 5907-5963. Keep stop loss of 5771 for intraday trade & 5742 for short term. v BSE SENSEX (19435) :- It is advisable to hold the long position only above 19447. Above the said level SENSEX may touch new high of 19698-19863. Keep stop loss of 19308 for intraday trade & 19163 for short term. v Stock to watch for the day:- o DLF (350) Keep SL of 345 target for intraday will be 354-368-375. o LT (1934) Keep SL of 1920 target will be 1945-1968-1991. v Stock for quick trade o SESAGOA (322) Quick rally likely above 325 target will be 332-337 & SL will be 320. o TATASTEEL (595) Enter if 593 holds & keep SL as 584 target will be 604-622. o HDIL (273) Buy only above 275 with target will be 284 & 291, keep SL of 269. o ICICIBANK (1103) Buy only above 1104 & keep SL 1089 & target will be 1125-1146
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