27-02-2009

Stock specific action likely to be the order of the day. It will be difficult for the Nifty to cross and close above 2822.

Sensex Resistance 9002-9042-9159. Support 8833-8788-8631.

Nifty Resistance 2802-2822-2842-2872. Support 2752-2736-2701.

Buy Jindal Steel 1062 SL 1029 Tgt 1096-1122.

Buy Grasim 1465 SL 1442 Tgt 1523-1560.

Buy Tata Motors 149 SL 145 Tgt 156-171.

Buy Tata Comm 406 SL 394 Tgt 418-426.

Buy GSPL 33 SL 32 Tgt 35-37.

Buy Power Grid 92 SL 89 Tgt 95-98.

Buy Oracle Fin 721 SL 691 Tgt 732-780.

Some stocks to short at higher resistance levels.

Short HDFC 1212 Tgt 1249 Tgt 1172-1123.

Short ICICI 324 SL 337 Tgt 312-306.

24-02-2009

Weak global markets will weaken our markets further. Short at every rise should be the strategy.

Sensex Resistance 8922-8977-9017. Support 8725-8631-8540-8467.

Nifty Resistance 2752-2789-2812. Support 2682-2661-2570-2502.
Sell HDFC Bank 866 SL 892 Tgt 845-815.

Sell HDFC 1352 SL 1382 Tgt 1317-1260.

Sell VSNL 390 SL 403 Tgt 380-360-340.

Sell ICICI 336 SL 343 Tgt 327-308.


Sell TCS 474 Tgt 483 Tgt 460-445.

Sell Axis Bank 375 SL 385 Tgt 364-352.

Sell Kotak Bank 245 SL 257 Tgt 237-229-220.

20-02-2009

Market witnessing lacklustre trading days for the past few days and trading is becoming increasingly boring and difficult. Today will be no different.

Sensex Resistance 9113-9184-9213. Support 8946-8721-8631.

Nifty Resistance 2806-2818-2832. Support 2752-2736-2701-2661.

Sell ICICI Bank 361 SL 374 Tgt 347-338.

Sell Rel Cap 382 SL 391 Tgt 371-363-355.

Sell RiL 1293 SL 1317 Tgt 1271-1240.

Sell SBI 1058 SL 1067 Tgt 1043-1031-1021.

Sell HDFC Bank 884 SL 892 Tgt 874-864-845.

Sell HDFC 1392 SL 1429 Tgt 1365-1337.

Some Stocks to Buy at Lower levels:

Buy Alstom Proj 296 SL 285 Tgt 307-320.

Buy SRF 74 SL 72 Tgt 77-80.

Buy Aurobindo 149 SL 142 Tgt 154-160.

19-02-2009

Market will be as usual, volatile and unpredictable. So trade less and only where there is sure shot chance of making money.

Sensex Resistance 9113-9213-9279. Support 8949-8894-8829.

Nifty Resistance 2812-2836-2868. Support 2757-2736-2701-2661.

Buy Educomp 2114 SL 2075 Tgt 2157-2180-2262.

Buy Alstom 283 SL 269 Tgt 293-302.

Buy SRF 72 SL 69 Tgt 75-78-82.

Buy IOC 455 SL 447 Tgt 463-469.

Buy HPCL 301 SL 296 Tgt 306-310-315.

Buy BPCL 415 SL 406 Tgt 423-429.

Some Stock to short at higher levels.

Sell HDFC 1362 SL 1427 Tgt 1337-1316.

Sell ICICI 369 SL 383 Tgt 361-346.

18-02-2009

Market has weakened and is headed lower and volatility will be very high. Trade in smaller quantity.

Sensex Resistance 9162-9213-9279. Support 8894-8759-8631.

NIfty Resistance 2790-2812-2832. Support 2720-2701-2661-2642.

Sell HDFC 1433 SL 1471 Tgt 1406-1382.

Sell HDFC Bank 880 SL 900 Tgt 865-845.

Sell Rel Cap 381 SL 396 Tgt 371-363-356.

Sell ICICI 385 SL 404 Tgt 363-346.

Sell BOI 220 SL 228 Tgt 210-195.

Sell TCS 485 SL 496 Tgt 475-465.

Sell Infosys 1173 SL 1190 Tgt 1157-1140-1122.

Sell Wipro 209 SL 214 Tgt 201-180.

Sell Sterlite Ind 252 SL 258 Tgt 241-236.

Some Stocks to watch at lower levels

Buy Oracle Fin 700 SL 676 Tgt 727-746.

Buy IOC 445 SL 438 Tgt 453-456.

16-02-2009

Buying is advised as the market will see some upswing before the budget is presented.

Sensex Resistance 9756-9843-9911-10093. Support 9540-9445-9353-9162.

Nifty Resistance 2990-3046-3076. Support 2922-2883-2835-2812.

Buy Jindal Steel 1089 SL 1056 Tgt 1138-1160-1191.

Buy Oracle Finance 681 SL 639 Tgt 709-738-777.

Buy SBI 1195 SL 1181 Tgt 1222-1253-1278.

Buy Sun TV 172 SL 167 Tgt 178-190-202.

Buy JsW Steel 232 SL 224 Tgt 245-252-263.

Buy Ril 1392 sl 1372 Tgt 1414-1465.

buy bhel 1467 sl 1442 tgt 1492-1510-1537.

buy gvk power 22 sl 21 tgt 24-26.

buy srf 71 sl 69 tgt 75-80.

buy icici 434 sl 423 tgt 442-460.

buy india info 51 sl 48 tgt 54-59.

13-02-2009

Gap up opening expected on the back of strong rebound in the US market. Use declines to buy for the play on budget on Monday.

Sensex Resistance 9580-9633-9724. Support 9425-9370-9281-9162.

Nifty Resistance 2902-2924-2957-2985. Support 2886-2877-2859-2812.

Buy FSL 14.75 SL 13.30 Tgt 15.55-17.00.

Buy LiTL 134 SL 128 Tgt 142-147.

Buy 3i Info 37 SL 36 Tgt 39-41.

Buy GNFC 64 SL 61 Tgt 68-71.

Buy Power Grid 90 SL 87 Tgt 95-97.

Buy India Info 49 SL 48 Tgt 52-54.

Buy Crompton 136 SL 132 Tgt 144-153.

Buy Century Tex 181 SL 176 Tgt 187-191.

Buy HPCL 302 SL 298 Tgt 310-318.

Buy BPCL 407 SL 403 Tgt 414-423.

Buy IOC 451 SL 447 Tgt 458-462.

Buy JsW Steel 225 SL 214 Tgt 230-237.

10-02-2009

Market has closed above key resistance yesterday and one can expect some strength in the market. So buy on dips.

Sensex Resistance 9633-9746-9911. Support 9470-9364-9162-9017.

NIfty Resistance 2945-3046-3099. Support 2887-2852-2812-2776.

Buy Alstom Proj 275 SL 267 Tgt 289-300.

Buy GMR Infra 82 SL 78 Tgt 87-91.

Buy JP Ass 74 SL 72 Tgt 77-82.

Buy JsW Steel 224 SL 220 Tgt 233-237-243.

Buy Jindal Steel 1094 SL 1072 Tgt 1134-1160.

Buy Aptech 86 SL 83 Tgt 91-96.

Buy REL 574 SL 556 Tgt 599-613.

Buy RiL 1389 SL 1371 Tgt 1425-1465.

Buy Infosys 1312 SL 1296 Tgt 1328-1354-1381.

Buy BEML 370 SL 363 Tgt 379-397.

Buy Century Tex 175 SL 165 Tgt 181-189.

Buy Core Proj 62 SL 58 Tgt 70-73-79.

Buy LiTL 118 SL 112 Tgt 124-129.

Buy Bhaushan Steel 332 SL 310 Tgt 353-375.

Buy IOC 448 SL 442 Tgt 454-458.

Buy BPCL 398 SL 395 Tgt 404-418.

09-02-2009

Market likely to be volatile as the resistance levels approach. Stock specific action will be the order of the day.

Sensex Resistance 9430-9559-9631. Support 9158-9017-8946.

Nifty Resistance 2873-2891-2922-2945. Support 2820-2776-2752-2730.

Buy Jindal Steel 1074 SL 1042 Tgt 1112-1160-1195.

Buy SaiL 87 SL 84 Tgt 91-95.

Buy Reliance Ind 1344 SL 1322 Tgt 1386-1406.

Buy Sesa Goa 98 SL 94 Tgt 104-108.

Buy GSPL 31 SL 30 Tgt 33-35.

Buy Neyvelli Lignite 83 SL 79 Tgt 87-91.

Buy Cairn 165 SL 162 Tgt 171-175.

Buy Ranbaxy 223 SL 216 TGt 229-236.

Buy IOC 442 SL 435 Tgt 449-453-459.

Buy HPCL 292 SL 287 Tgt 296-301.

Buy Akruti 911 SL 886 Tgt 937-949-969.

Buy Alstom Proj 243 SL 231 Tgt 255-270.

Buy JsW Steel 210 SL 201 Tgt 218-224-234

06-02-2009

Market bounced off from the support of Nifty - 2754. In the process Sensex has filled the gap between 9021-9053 and closed above that gap.

Sensex Resistance 9176-9247-9287-9358. Support 9039-9017-8944.

Nifty Resistance 2798-2816-2852-2881. Support 2762-2743-2720.

Buy FSL 14.70 SL 13.90 Tgt 15.80-18.70-20.00.

Buy Sesa Goa 91 SL 89 Tgt 95-98.

Buy Akruti 887 SL 856 Tgt 907-934.

Buy Jindal Steel 1027 SL 994 Tgt 1050-1075-1160.

Buy Ispat 11.30 SL 10.80 Tgt 12.80-13.45.

Buy RPL 84 SL 82 Tgt 87-92.

Buy SaiL 82 SL 79 Tgt 88-92.

Some Stocks that look weak:

Sell LiC Hsg 200 SL 204 Tgt 194-187.

Sell Divis Lab 816 SL 845 Tgt 793-774.

TCS, Abb, ReL Cap and L&T are weak.

05-02-2009

Market perfectly moving in a range and the range is getting smaller by the day.

Sensex Resistance 9262-9345-9409. Support 9127-9040-8946.

Nifty Resistance 2821-2847-2868. Support 2789-2775-2752-2720.

Buy Akruti 829 SL 791 Tgt 857-910.

Buy Oracle 634 SL 607 Tgt 658-675-691.

Buy Reliance Ind 1307 SL 1283 Tgt 1335-1344-1352.

Buy Maruti 602 SL 589 Tgt 619-636.

Buy Dish TV 23.60 SL 20.65 Tgt 24.30-26.35-27.10.

Buy FSL 12.35 SL 11.75 Tgt 13.90-14.75.

Buy Bindal Agro 13.55 SL 12.50 Tgt 15-17.

Buy Sterlite Ind 279 SL 270 Tgt 288-299.

Buy HPCL 290 SL 285 Tgt 296-301.

Buy BPCL 389 SL 384 Tgt 395-400.

Buy Sesa Goa 86 SL 83 Tgt 89-92.

At the higher level, short the following:

Sell Divis Lab 850 SL 881 Tgt 824-793.

Sell Rel Cap 372 SL 392 Tgt 356-328.

Sell LiC Hsg 205 SL 211 Tgt 198-187.

Sell Sun Pharma 1046 SL 1057 Tgt 1026-990.

Sell Tata Comm 430 SL 444 Tgt 418-410.

04-02-2009

Market likely to open positively, but is finding it difficult to cross and close above 2860. Strategy will be to offload long positions at that level.

Sensex Resistance 9273-9337-9381. Support 9053-9008-8946-8894.

Nifty Resistance 2812-2844-2873. Support 2722-2701-2661.

Buy Oracle 625 SL 605 Tgt 658-674-691.

Buy Polaris 52 SL 49 Tgt 55-59.

Buy Renuka 74 SL 72 Tgt 78-80.


Buy 3i Infotech 35 SL 33 Tgt 37.30 - 39.10.

Buy Alok Ind 17.30 SL 16.40 Tgt 18.80-19.90.

Buy Arvind 15 SL 14.50 Tgt 17.00-18.30.

Buy Reliance 1306 SL 1292 Tgt 1335-1352.

Buy Bajaj Hind 55 SL 53 Tgt 58-61.

Some shorting opportunities at higher levels.

Sell Rel Cap 376 SL 398 Tgt 355-328.

Sell Sun Pharma 1045 SL 1068 Tgt 1030-1021-1004

03-02-2009

Market is in a range and becoming increasingly difficult for traders. The short term trend keeps on changing too frequently and hence the stop losses getting triggered.

Sensex Resistance 9162-9297-9333-9391. Support 9021-8946-8894-8785./

Nifty Resistance 2790-2812-2860-2887. Support 2720-2701-2676.

Buy Chambal Fert 39 SL 37 Tgt 41-43.

Buy Nag Fert 17 SL 16 Tgt 19-21.

Buy HPCL 287 SL 284 Tgt 292-296.

Buy Satyam 57 SL 53 Tgt 62-66.

Buy Reliance 1280 SL 1266 Tgt 1296-1308-1335.

Short the following at higher levels.

Sell TCS 491 SL 506 Tgt 483-475-464.

Sell GMR Infra 71 SL 74 Tgt 68-64.

02-02-2009

The upmove will gain strength if the Nifty is able to stay above 2860. Choppiness likely to continue.

Sensex Resistance 9476-9625-9746. Support 9337-9162-9053.

Nifty Resistance 2894-2922-3001. Support 2842-2812-2751-2701.

Buy 3i Infotech 35 SL 33 Tgt 38-43.

BUY JINDAL STEEL 1032 SL 990 TGT 1075-1143.

BUY ABAN 484 SL 443 TGT 520-590.

BUY ORACLE FIN. 608 SL 572 TGT 638-658-691.

BUY RIL 1323 SL 1295 TGT 1365-1390-1428.

BUY STERLITE 275 SL 266 TGT 288-299.

BUY POLARIS 49 SL 47 TGT 52-56-62.

BUY APTECH 88 SL 82 TGT 93-97-103.

BUY JET AIRWAYS 178 SL 168 TGT 188-195.

BUY JP ASSO. 76 SL 72 TGT 80-87.