31-12-2008

Market is showing strength. So buy on any declines. Sensex likely target 10083.

Sensex Resistance 9838-9911-10083-10188. Support 9565-9515-9320.

Nifty Resistance 3019-3046-3110. Support 2952-2904-2886-2836.

Buy Rel Cap 558 SL 541 Tgt 596-604-654.

Buy King Fisher 39 SL 37 Tgt 43-45-47.

Buy Jet Air 200 SL 192 Tgt 212-226.

Buy RCom 228 SL 220 Tgt 242-251.

Buy Idea 54 SL 52 Tgt 58-65.

Buy Renuka 70 SL 67 Tgt 73-82.

Buy Mercator 32 SL 30 Tgt 35-38.

Buy Sun TV 184 SL 178 Tgt 190-196-202.

Buy NiiT Tech 67 SL 64 Tgt 71-76.

Buy KS Oil 54 SL 51 Tgt 58-60.

Buy Suzlon 60 SL 57 Tgt 66-69.

Buy Baj Hind 66 SL 63 Tgt 70-72.

Buy Bal CHini 48 SL 46 Tgt 51-53-58.

Buy LITL 151 SL 146 Tgt 160-171.

Buy Bharti Ship 74 SL 71 Tgt 79-82.

30-12-2008

Market likely to be range bound with a mild positive bias.


Sensex Resistance 9586-9631-9706-9838. Support 9412-9314-9226-9162.


Nifty Resistance 2940-2961-3046. Support 2865-2812-2767-2714.


Buy Essar Oil 86 SL 82 Tgt 92-97.


Buy RPL 88 SL 85 Tgt 92-97.


Buy Cairn 172 SL 165 Tgt 178-184-189.


Buy GVK Power 21.25 SL 20.30 Tgt 23.30-24.15-25.80.


Buy RNRL 54 SL 53 Tgt 57-59-61.


Buy IDFC 66 SL 63 Tgt 70-73.


Buy Jet Air 190 SL 185 Tgt 197-204.


Buy Suzlon 60 SL 58 Tgt 63-66-69.


Buy LIC Hsg 224 SL 218 Tgt 231-237.


Buy BPCL 379 SL 374 Tgt 385-389.


Buy IOC 422 SL 412 Tgt 430-434-442.


Buy RIL 1246 SL 1232 Tgt 1267-1282.

29-12-2008

Market is likely to trade with a negative bias as the market has broken and closed below imp support levels. So go short at higher levels.

Sensex Resistance at 9502-9633-9911. Support 9270-9028-8909-8726.

Nifty Resistance 2884-2922-2960. Support 2844-2812-2700.

Sell Bhel 1300 SL 1325 Tgt 1282-1269-1242.

Sell L&T 744 SL 769 Tgt 695-680.

Sell TCS 471 SL 480 Tgt 460-445.

Sell INFOSYS 1109 SL 1132 Tgt 1077-1040.

Sell Bharti Airtel 686 SL 698 Tgt 674-660-649.

Sell HDFC Bank 972 SL 995 Tgt 942-920.

Sell ONGC 642 SL 671 Tgt 612-597.

Sell SAIL 71 SL 75 Tgt 64-61.

Some stocks likely to bounce are

Buy RPL 84 SL 79 Tgt 89-92.

Buy Jet Air 185 SL 177 Tgt 195-204.

26-12-2008

The long weekend vacation will be see a reduction in volumes. So dont expect much movement on either side.

Sensex Resistance 9633-9696-9746-9838. Support 9502-9436-9364-9281.

Nifty Resistance 2945-2968-3020.Support 2884-2860-2835-2812.

Buy HPCL 282 SL 276 Tgt 290-301.

Buy BPCL 385 SL 374 Tgt 400-419.

Buy IOC 413 SL 408 Tgt 426-434.

Buy Arvind 16.85 SL 15.90 Tgt 18-20.

Buy ALok 17.85 17 Tgt 19-20.

Buy KS Oil 54 SL 53 Tgt 57-60.

Buy SBI 1285 SL 1260 Tgt 1314-1324-1352.

Buy RNRL 51 SL 50 Tgt 56-59.