Monday, December 31, 2007
Saturday, December 29, 2007
THIS WEEK'S RECOMMENDATIONS :
After one week weakness sensex shown again positive strength in last week, For next week down side strong support at 20022,break will take it to 19920,keep stop loss of 19816 for your buys. On upper expect 20323 level , cross over will take it 20500 & there after expect 20750 levels in coming days……..
NIFTY FUTURE
In last week of December future market shown positive strength and become positive .Nifty future jumped more then 310 points in this 4 day’s week.Now fot new week down side strong support at 6047,break will take it to 6013,keep stop loss of 5978 and buy nifty future on decline,on upper side it will zoom up to 6181,6201 & there after 6245 level in coming days……….
BUY ALOK @ 102 SL 97 TGT 110-115
BUY JP HYDRO@ 137 SL 130 TGT 145-153.
BUY ARVIND MILL @89.50 SL 85 TGT 94.50-101.
BUY BEL @ 2097 SL 2020 TGT 2170-2210
BUY TISCO@ 931 SL 910 TGT 954 -1010
BUY FINANCIAL TECH @ 2579 SL 2513 TGT -2679-2740-2854
BUY NTPC @ 241 SL237 TGT 253.-260.
BUY REDINGTON @415 SL 407 TGT 437-450
BUY PATEL ENG.@909 SL 873 TGT 939-965
BUY BHARTI TEL @910 SL 878 TGT -941-1008
BUY ONGC @ 1207 SL 1190 TGT 1226-1275
BUY L&T @ 4110 SL 4076 TGT 4180-4238-4282
( Buy --WIRLPOOL,NELCO ,WEBEL SL ENERGY(517498) ,GATI IND.SUVEN LIFE,MAN IND. are also looking good ....Buy on declines...)
Friday, December 28, 2007
Thursday, December 27, 2007
Wednesday, December 26, 2007
INTRADAY CALL
BUY MAHALIEFE(GESCO) ABV 832 SL 826 TGT 850-880
BUY SATYAM ABV 464 SL 458 TGT 474-485
Monday, December 24, 2007
Saturday, December 22, 2007
WEEKLY RECOMMENDATIONS
The Bears domination prevailed through out the week with the Nifty losing around
5%. Prior indications were seen on the charts hence timely caution was advocated
in the last week’s report which said “Though the Nifty scaled new highs, the Heavy
weights look to be exhausted or rather overstretched; In the week ahead it would be
advisable to book profits in rallies or at best protect their gains with a strict trailing stop loss or by hedging with options”.
Among the Sectoral Indices, Metal, PSU and Oil& Gas sectors experienced
maximum profit taking and some speculative selling. Sugar & Media scrips stood out
while action in IT scrips on the last day arrested the fall. In this process the Nifty has retraced 61.8% of the rise from 5395 points to 6185 points. It has closed marginally below the trendline support in green. A quick move above 5876 points would
indicate that the selling force is exhausted for the time being (4-5 days). To regain
up momentum it has to decisively cross 6115 points.
From an immediate scenario, 5777 points is the pivot in the Nifty. The 5852 and
5995-6015 points are the hurdles the Bulls need to fight out on the upsides.
Supports in declines are pegged at 5665 and 5605 points. Rallies should be utilized
for booking profits or at best be light in longs in the coming weeks. High risk traders can enter in dips from a trading perspective only and for small gains. With a curtailed week and F&O expiry ahead; markets are expected to remain volatile.
THIS WEEK'S RECOMMENDATIONS :-
BUY GLAXO @ 975 SL 957 TGT 1065-1085
BUY CMC @ 1190 SL 1151 TGT 1240-1280
BUY NIIT @ 137 SL 130 TGT 146-158
BUY GUJ ALKALI @ 246 SL 234 TGT 256-269
BUY STERLING BIO @ 166 SL 161 TGT 175-180
BUY HINDALCO @ 199 SL 192 TGT 213-218-228
BUY NUCLEUS SOFT @ 350 SL 332 TGT 375-385
BUY DLF @ 945 SL 916 TGT 961 -1007
BUY RIL @2700 SL 2665 TGT 2748-2778-2818
Buy –J.B.CHEM. BINDAL AGRO,SHRI BAJRANG ALLOYS,KEW IND.,SATHAVAHANA ISPAT ,KIRLOSKER FERROUS , BDH IND., SONATA SOFT, ALEMBIC LTD , ROYAL ORCHID, also looking good ....Buy on declines...)
Thursday, December 20, 2007
Wednesday, December 19, 2007
Tuesday, December 18, 2007
Monday, December 17, 2007
INTRADAY CALL
IFCI 113 SL 112 TGT 118-128.
BIOCON 607 SL 584 TGT 638-59
CAIRN INDIA 225 SL 218 TGT 230-237
LMW 3557 SL 3340 TGT 3898-4100.
Saturday, December 15, 2007
WEEKLY RECOMMENDATIONS
SENSEX:-CLOSE 20030.83
For next week down side strong support at 19859 level,once break and close below will take it to 19716,19556 level, keep stop loss of 19556 level and buy on any decline,on upper side above 20100 it will go up to 20171 & there after expect rally up to 20333,20498………..
NIFTY FUTURE
Down side 5981 is strong support for nifty future,once break it will take to 5926,5868 leavel, down side keep stoploss of 5868 and buy nifty future ,on upper side 6110 is last hurdle, cross over will take to 6201 and there after exoect rally up to 6275 ……
WEEKLY RECOMMENDATIONS STOCK:-
ADITYA BIRLA NUVA @ 1830 SL 1770 TGT 1880 -1936-21
PRAJ IND .@ 267 SL 257 TGT 288 – 325
FINANCIAL TECH @ 2600 SL 2525 TGT 2740 – 2854
RENUKA SUGAR @ 905 SL 848 TGT 962-1000
HIND OIL EXP @166 SL 154 TGT 180-210
TVS MOTOR @ 75 SL 71 TGT 84-91
INDIA CEMENT @ 318 SL 308 TGT 345-368
ACC @ 1100 SL 1080 TGT 1155
RIL @ 2878 SL 2850 TGT 2912- 2980
GUJ ALKALI @ 220 SL 213 TGT 232-238
KPIT @ 125 SL 120 TGT 131-145
HINDALCO @ 202 SL 195 TGT 213-226
BUY-Fortis health , four soft ,garware poly ,Ig petrochem,Deepak fertilizers, Vls finance ,pioneer distilleries,, also looking good ....Buy on declines...)
Friday, December 14, 2007
Thursday, December 13, 2007
Wednesday, December 12, 2007
Tuesday, December 11, 2007
Monday, December 10, 2007
Sunday, December 9, 2007
WEEKLY RECOMMENDATIONS
The medium term targets for the Nifty remain at 6262 and then 6495. This view will be valid as long as the Nifty remains above 5394.
Sensex moved sideways after the sharp jump on Monday. The chart pattern suggests that the index is forming a running correction wherein the correction makes the index move higher instead of sideways or lower. Such moves imply a strong bullish undercurrent. The near term outlook for the Sensex is positive and it can move towards 20900 shortly. Traders can buy in intra day dips with a stop at 19350.
But the medium term counts remain unresolved. The Sensex needs to move firmly beyond 20238 before it can start sprinting towards the next medium term targets at 20942 and then 22627.
Momentum indicators too corroborate the view that the short-term outlook is positive, but caution is warranted until the Sensex moves firmly beyond 20500. The upper targets for the Sensex in the week ahead are 20184 and then 20912. The supports for the week would be at 19374 and then 18880. Fresh purchases should be avoided if the index moves below the 18880.
WEEKLY RECOMMENDATIONS STOCK :-
BAJAJ HIND @ 237 SL 228 TGT 247-259
BALRAMPUR CHINI @ 107 SL 100 TGT 116 - 121
TRIVENI SUGAR @ 165 SL 156 TGT 179-198-212
HAVELLS @ 670 SL 655 TGT 690-709
I FLEX @ 1590 SL 1572 TGT 1649 - 1715
RENUKA SUGAR @ 844 SL 785 TGT 917 -985
MPHASIS @ 295 SL 284 TGT 304 – 313- 321
RCOM @ 734 SL 721 TGT 770 – 814
RPL@ 225 SL 221 TGT 234-242-247
TULIP IT @ 950 SL 936 TGT -976 - 990
TATA POWER @ 1323 SL 1290 TGT 1399-1508
STERLITE OPTIC @ 356 SL 323 TGT 376- 388 -399
NAGARJUNA FERT @ 83 SL80 TGT 93-101
Buy –CITY UNION BANK ,BPL, TIPS IND ,FUTURA POLYESTER , KISAN MOULDINGS ,DEEP IND., APPLE FIN. ,ESSAR SHIPPING , also looking good ....Buy on declines...)
Friday, December 7, 2007
INTRADAY CALL - 07-12-2007
Thursday, December 6, 2007
Wednesday, December 5, 2007
BTST CALL
BTST RNRL ,ONGC, PETRONET, SYNDI BANK, POWER GRID, TRIVENI,SBI AND NEYVELI ,
Tuesday, December 4, 2007
INTRADAY CALL- 04-12-2007
NIFTY SUPP. 5816 UPWARD SIDE 5900/5954
Saturday, December 1, 2007
WEEKLY RECOMMENDATIONS
Close: 19363.19
For next week down side strong support at 19120.and keel stop loss of 19006 for your buys, on upper side expect rally up to 19510,19714.cross over and close above 19714 it
will go up to 19987 in hours ………
NIFTY Future
Buy at lower level considering 5725 as nearest& 5710 as strong support, keep stop loss of 5611 for your buys.On upper side above 5825 expect rally up to 5937,5977, once cross 5977 create fireworks and will go up to 6004, 6035.
Weekly calls :-
ALOK IND 76 SL 69 TGT 83-86
BALRAMPUR CHINI 100 SL 96 TGT 107-114
EDUCOMP 3583 SL 3510 TGT 3708-3816-4195
NEYVELLI LIGNITE 235 SL 226 TGT 248-261
GITAJALI GEMS 436 SL 423 TGT 448-462-495
LANCO 531 SL 515 TGT 545-565-620
ROLTA 733 SL 705 TGT 770-838
DLF 930 SL 910 TGT 970-989-1025
IFCI 91.50 SL 87 TGT 98- 103
CESE 618 SL 601 TGT 644- 668
RNRL 161 SL 154 TGT 179 -188- 196
RIL 2870 SL 2828 TGT 2895– 2935- 2978
Friday, November 30, 2007
NIFTY -TIME CYCELS
INTRADAY CALL - 30.11.2007
NIFTY RESISTANCE AT 5697-5720-5750. SUPPORT AT 5563-5486-5394.
........................................................................................................................................
BUY-ALOK IND 71.50 SL 68 TGT 76-79.
BUY -GITANJALI 402 SL 392 TGT 418-428.
BUY- REDINGTON 422 SL 385 TGT 442-455.
BUY -IOB 156 SL 151 TGT 166-170
BUY- Century Textiles ,GDL ,BRFL ,LIC Housing ,VSNL, Educomp
30.11.2007 (9.35am)
Thursday, November 29, 2007
INTRADAY CALLS -29-11-2007
BUY – Indian bank with Sl 192 tgt 215
Buy Cummins Sl 400 tgt 450
Buy Gmr infra Sl 240
Fut traders may use dec fut .
Wednesday, November 28, 2007
Tuesday, November 27, 2007
intraday call
(27.11.2007- 9.30am)
(Keep strict stoploss....Buy @ Declines & Dnt Overtrade)
Monday, November 26, 2007
INVESTMENT STOCK:-
Balmer Lawrie & Company Ltd
Atlas Copco India Ltd
WS Industries India Ltd
Rohit Ferro Tech Ltd
(investors can take a small exposure.)
Sunday, November 25, 2007
WEEKLY RECOMMENDATIONS
Last Close : 18852:57
Foreign market are going down since about 2 week and it also effects sentiment of our market .After six continuous days having seen the red colour at last on friday market showed green.Looking at the overall perfomance fo the week , Sensex went down up to 842 points.Sensex was unable to pick the all-time high levels in last week and brken last week's bottom 18333.This is bad sign for short term
Now for new week sensex has strong resistance @ 19015 ,once cross this level will take this 19218 level ,but 19987 ,20238 are short term's top for market ,this levels are signal if sensex does not cross this levels,at every rise we will see seller market, Down side 18515 is first support break will take it to 18295,18182.......
NIFTY FUTURE :
Since last three week nifty future is showing lower bottom. 2weeks ago bottom was 5585,1week ago it was 5460 and last week it was 5395.05,this is bad sign on chart and it indicated highly volatile market in near future . Next week is last week of November Future there for highly volatility will shown in nifty futures.
On upper side 5683,5714 are strong hurdle,cross over only can create fresh buying up to 5750,down 5505 is first support,break will take it to 5421,5395 in panic.
THIS WEEK'S RECOMMENDATIONS STOCK :
BUY BAJAJ AUTO ABV 2490 SL 2446 TGT -2549-2585
BUY JINDAL ST & POWER @ 12100 SL 11434 TGT -12999- 13429.
BUY WELSPUN GUJ @ 395 SL 380 TGT -419 -439
BUY NEYVELLI LIGNITE @ 212 SL 191 TGT -229-260
BUY ESCORTS @ 145 SL 137 TGT -159-169
BUY RPL @ 209 SL 202 TGT 221- 228-249.
BUY NTPC @ 235 SL 225 TGT -244 -256.
BUY TCS @ 955 SL 935 TGT -1003 - 1025.
BUY VOLTAS @ 213 SL 206 TGT 226-235.
BUY PFC @ 240 SL 230 TGT 252- 263.
BUY RNRL @ 150 SL 138 TGT 161-169.
BUY TTML @ 45 SL 40 TGT 49 -56.
BUY MRPL @ 106 SL 100 TGT - 113- 121.
SMALL SAVING SCRIPTS
Syncom Formulation
BSE Code : 524470
Last Clost : Rs.65.85
It is a high-risk, high profit stock for short-term investors.Buy with strict stop loss of Rs.57.On the upper side,it can go up to Rs.73.on cross over ,it can go up to Rs.85 level in coming days.
IOL Chemicals
BSE Code: 524164
last close :Rs. 110.10
The company manufactures Ethy1/Buty1 Acetate, Acetic Acid ,Acetic Anhydride and Ibuprofen-Bulk Drug and has an equity of just Rs.12.05 cr .The promoter hold 53.31%
while corporate bodies hold 23%.For the Sept' 07 quarter ,Net sales jumped 88.59% but net profit zoomed 169.92%.for FY08,it is likely to touch sales of Rs.300 cr .with net profit of about Rs.11-12 cr.
India star Fund ,Citi Group's investment ARM,has bought preferential shares at Rs.75 per share,Buy with stop loss of Rs.100 on the upper side, it can go up to Rs.122.50.After cross over ,it can go up to Rs.150+ level in coming days.