31-03-2009

Market will be volatile as usual and now will again try to move up. Adopt a selective and cautious buying approach.

Sensex Resistance 9649-9732-9842-9913. Support 9520-9446-9335-9281.
Nifty Resistance 3002-3028-3045. Support 2962-2946-2922-2860.

Buy Praj Ind 56 SL 54 Tgt 59-63.

Buy ICSA 76 SL 71 Tgt 85-91.

Buy Century Tex 214 SL 204 Tgt 223-229.

Buy Fin Tech 586 SL 572 Tgt 598-624.

Buy SRF 77 SL 75 Tgt 80-83.

Buy BEL 866 SL 837 Tgt 882-895-915.

Buy Unitech 33 SL 31 Tgt 36-38.

Buy APiL 275 SL 266 Tgt 284-301.

Buy Moser Baer 51 SL 49 Tgt 54-57.

26-03-2009

Market is showing strength. Short covering will be the order of the day.

Sensex Resistance 9745-9870-9911-10188. Support 9558-9467-9402-9262.

Nifty Resistance 3017-3046-3110-3141. Support 2954-2914-2862-2824.

Buy REL 537 SL 522 Tgt 551-564-579.

Buy NiiT 21 SL 20 Tgt 22.40-23.95.

Buy JP Ass 84 SL 80 Tgt 88-93.

Buy Suzlon 44 SL 42 Tgt 48-51.

Buy LiTL 132 SL 126 Tgt 136-141.

Buy RPL 94 SL 92 Tgt 97-101-107.

Buy HDiL 83 SL 77 Tgt 89-92.

Buy IVRCL Infra 123 SL 119 Tgt 129-135.

Buy GVK Power 21.45 SL 20 Tgt 23.30-25.80.

Buy RNRL 43 SL 41 Tgt 47-50.

Buy RCom 168 SL 161 Tgt 173-183.

24-03-2009

Market will open higher on global cues, but resistance will be tested at Nifty 3035.

Sensex Resistance 9544-9695-9746. Support 9291-9156-9054-8894.

Nifty Resistance 2969-3035-3110. Support 2904-2884-2864-2830.

Buy JP Ass 84 SL 81 Tgt 88-93.

Buy Hindalco 52 SL 49 Tgt 55-58-61.

Buy Suzlon 40 SL 39 Tgt 43-46.

Buy Tata Comm 501 SL 489 Tgt 512-522.

Buy IVRCL Infra 121 SL 117 Tgt 129-133-137.

Buy Sintex 100 SL 97 Tgt 106-111-118.

Buy BRFL 144 SL 138 Tgt 157-163-172.

Buy Oracle 751 SL 730 Tgt 769-780-814.

Buy RNRL 44 SL 43 Tgt 46-48.

Buy REL 530 SL 512 Tgt 548-564-579.

Buy RCom 168 SL 162 Tgt 171-176-176.

Buy Core Proj 56 SL 53 Tgt 60-64.

23-03-2009

Market will test the Resistance at Sensex 9120 and Nifty 2836. It will be interesting if the market closes above these levels.

Sensex Resistance 9120-9228-9302. Support 8804-8697-8467.

Nifty Resistance 2836-2868-2881-2922. Support 2771-2739-2701-2677.

Buy Fin Tech 551 SL 521 Tgt 569-578-598.

Buy FSL 15.85 SL 14.70 Tgt 18.80-20.00.

Buy Tech Mah 275 SL 268 Tgt 286-292.

Buy Hindalco 47 SL 45 Tgt 49.50-50.

Buy GVK Power 21.40 SL 20.15 Tgt 22.30-23.30-24.15.

Buy GMR Infra 87 SL 84 Tgt 92-97.

Buy Escorts 40 SL 37 Tgt 42-45.

Buy Sesa Goa 87 SL 83 Tgt 92-98.

Buy Rajesh Exp 24.60 SL 23.60 Tgt 26-28.

Buy Bata 107 SL 103 Tgt 112-117.

Buy Sail 88 SL 84 Tgt 92-97.

Buy GSPL 39 SL 37 Tgt 42-45.

Buy NB Ventures 135 SL 131 Tgt 142-150-157.

Buy RNRL 42 SL 41 Tgt 45-48.

Buy RPL 83 SL 88-94.

Buy Essar Oil 74 SL 71 Tgt 79-82.

Some Stocks to go short at higher levels:

Sell L&T 585 SL 605 Tgt 570-556.

Sell Bhel 1378 SL 1409 Tgt 1356-1334.

Sell Maruti 710 SL 727 Tgt 688-670-657.

Sell BPCL 333 SL 342 Tgt 320-313.

Sell IOC 384 SL 394 Tgt 374-358.

Sell Tata Motors 161 SL 169 Tgt 154-147.

20-03-2009

Sensex will once again test the Resistance at 9120 and it will be interesting to see if the market has the strength to cross that.
Sensex Resistance 9086-9120-9214-9304. Support 8946-8900-8799-8631.

Nifty Resistance 2836-2868-2881-2922. Support 2771-2752-2701-2661.

Buy Tech Mahindra 266 SL 268 Tgt 286-298.

Buy RPL 83 SL 81 Tgt 87-92-97.

Buy Oracle 693 SL 675 Tgt 713-734.

Buy Bata 97 SL 94 Tgt 103-108.

Buy NiiT 20 SL 19 Tgt 22.30-23.65.

Buy Ster Tech 60 SL 56 Tgt 65-69.

Buy GMR Infra 86 SL 82 Tgt 92-98.

Buy FSL 14.45 SL 13.90 Tgt 15.25-16.30.

Buy Hindalco 45 SL 43 Tgt 47-49.

Buy NB Ventures 126 SL 121 Tgt 132-135-139.

Buy Bombay Dyeing 135 SL 130 Tgt 139-144-150.

18-03-2009

Market likely to open higher and the momentum will continue. Resistance will be faced in the zone of Nifty 2805-2828.

Sensex Resistance 8934-9024-9126-9182. Support 8801-8739-8697.

Nifty Resistance 2781-2805-2828-2844. Support 2738-2719-2701.

Buy Aban 286 SL 276 Tgt 297-303.

Buy Akruti 1575 SL 1520 Tgt 1639-1757.

Buy Ind Info 49 SL 46 Tgt 51-54-56.

Buy Patel Engg 114 SL 111 Tgt 119-125.

Buy GMR Infra 82 SL 79 Tgt 85-87-91.

Buy SRF 74 SL 72 Tgt 77-81-83.

Buy McDowell 707 SL 687 Tgt 727-744.

Buy GVK Power 19.80 SL 19 Tgt 21.25-22.30.

Buy Jindal Steel 1102 SL 1078 Tgt 1128-1160.

16-03-2009

Market likely to be volatile. Selling pressure will be witnessed around Nifty 2752-2782.

Sensex Resistance 8830-8922-9162. Support 8687-8467-8259.

Nifty Resistance 2752-2782-2812. Support 2690-2661-2630.

Buy Century Textiles 187 SL 181 Tgt 196-204.

Buy Aban 254 SL 243 Tgt 265-276-298.

Buy Cairn 170 SL 166 Tgt 175-182-188.

Buy Sterlite 283 SL 273 Tgt 295-304.

Buy Sail 81 SL 79 Tgt 85-89.

Buy Power Grid 94 SL 92 Tgt 98-101.

Buy Akruti 1173 SL 1131 Tgt 1211-1240.

Buy Jindal Steel 1069 SL 1030 Tgt 1114-1160.

Buy Core Proj 51 SL 49 Tgt 54-57-62.

Buy GMR Infra 76 SL 75 Tgt 79-82-84.

12-03-2009

Market likely to open gap up, on the back of global rally. But sustainability will be a question mark. Use gap up to go short on specific stocks.

Sensex Resistance 8316-8467-8535. Support 8110-8047-7921.

Nifty Resistance 2628-2639-2663-2701. Support 2555-2539-2502.

Buy Akruti 993 SL 964 Tgt 1028-1057.

Buy Reliance 1153 SL 1143 Tgt 1177-1188-1201.

Buy Divis Lab 844 SL 824 Tgt 860-874.

Buy Satyam 48 SL 46 Tgt 51-54.

Bears can use gap up to go short in :

Rel Cap, L&T, Infosys, SBI and Bank Nifty.

09-03-2009

Market will be once again be following the downward trail. So use any recovery as an opportunity to go short.

Sensex Resistance 8467-8631-8762. Support 8047-7921-7769.

Nifty Resistance 2663-2736-2764. Support 2539-2502-2458.

Sell HDFC Bank 802 SL 835 Tgt 764-741-721.

Sell Rel Cap 286 SL 314 Tgt 273-259-246.

Sell Bombay Dyeing 122 SL 133 Tgt 113-104.

Sell Maruti 649 SL 672 Tgt 632-625-593.

Sell OBC 103 SL 108 Tgt 99-95.

Sell Bank Nifty 3455 SL 3631 Tgt 3221-3162-2960.

Some Stock to go long:

Buy IVRCL 112 SL 108 Tgt 118-122.

Buy Mphasis 182 SL 172 Tgt 190-200.

Buy Satyam 42 SL 39 Tgt 45-49.

Buy NB Ventures 124 SL 118 Tgt 131-137.

06-02-2009

Market will go down as important support levels are breached. Now Nifty will find it extremely difficult to cross 2612 levels.

Sensex Resistance 8230-8311-8406. Support 8135-7921-7697.

NIfty Resistance 2609-2629-2652. Support 2552-2502-2426.

Sell Bhel 1283 SL 1310 Tgt 1263-1242-1213.

Sell ICICI 270 SL 279 Tgt 262-257.

Sell Reliance Ind 1149 SL 1180 Tgt 1118-1065.

Sell Bharati 589 SL 598 Tgt 576-553.

Sell Rel Cap 306 SL 326 Tgt 259-246.

Sell L&T 568 SL 605 Tgt 553-512.

Sell HDFC 1151 SL 1192 Tgt 1126-1105.

Sell HDFC Bank 801 SL 822 Tgt 781-741.