NIFTY OUTLOOK - Market Updates for Today 21 Dec. 2012

The Nifty started to correct some time midday and I got the feeling that we might see a deeper correction, but as usual buying came in at lower levels and drove up the Nifty again. I get the feeling we need a trigger event to break past this 5,950-6,000 zone and until that does not happen we will trade sideways or correct to 5,800 levels. 

Trend deciding level is 5,920. If Nifty shows strength above 5,920 levels, then rally to 5,950/6,000/6,050 may be seen. If Nifty does not show strength above 5,920 levels then selling pressure till 5,880/5,840/5,800 may be seen.     

The Sensex has supports at 19,350 and 19,200 and resistances at 19,510 and 19,620. The Nifty spot has supports at 5,880 and 5,838 and resistances at 5,940 and 5,965.

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Nifty Intraday Updates for Today 20 Dec. 2012

The Nifty traded in a narrow range after opening gap up, the good thing was it held the gap. The view is still positive and once we break 5,950 - 5,960 we could see 6,100 then. 

Nifty Future ended at 5,946.90 with a small spinning top candle. Movement suggests resistance on higher band of the market around 5,990-6,000, so cautious stance needs to be taken. 

The Sensex has supports at 19,410 and 19,300 and resistances at 19,520 and 19,620. The Nifty spot has supports at 5,905 and 5,875 and resistances at 5,940 and 5,965.

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NIFTY OUTLOOK - Market Updates Today 19 Dec. 2012

The Nifty is broadly range bound between 5,840 and 5,930, it keeps consolidating between this range and we see stock specific action in the midcap or certain sector specific stocks. The Nifty is correcting slowly and buying is coming in at lower levels, hence until we are above 5,840 traders should have a positive bias.

Nifty Future closed on positive note after last few days of consolidation at 5,860 level. It finished off at 5,928.90 at highest point of the day with a long legged hammer kind of candle.

The Sensex has supports at 19,270 and 19,150 and resistances at 19,500 and 19,620. The Nifty spot has supports at 5,875 and 5,840 and resistances at 5,935 and 5,965.

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NIFTY Updates for Today 18 Dec. 2012

The Nifty is broadly range bound between 5,840 and 5,930, it keeps consolidating between this range and we see stock specific action in the midcap or certain sector specific stocks. The Nifty is correcting slowly and buying is coming in at lower levels, hence until we are above 5,840 traders should have a positive bias, as I said on all declines the market is being bought into and on the weekly time frame the markets are looking very bullish.   

Nifty Future remained in a narrow trading band of 20-30 points and finally closed at 5,889.35 with a small black body candle. It is trying to find a base around 5,860 level and on the flip side it is facing tough resistance on the rise in the band of 5,930 level. 

The Sensex has supports at 19,190 and 19,080 and resistances at 19,350 and 19,480. The Nifty spot has supports at 5,838 and 5,800 and resistances at 5,885 and 5,925.

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NIFTY OUTLOOK - Market Updates Today 17 Dec. 2012

Technically, Nifty future has moved back above 5,900 mark keeping traders clueless for the next session. Nifty Future entered back into 5,900 - 5,950 trading zone and a breakout only will set the near term trend. Above 5,950 level, Nifty future will test 6,000 mark whereas below 5,900 level it can slip back to 5,830 - 5,800 levels respectively.

For today's trade, Nifty is likely to trade in the range between 5,900 - 5,920 in the upper side and 5,860 -5,840 in the lower side. We expect 5,950/5,980 to act as intermediated resistance and 5,870/5,820 as support.

The Sensex has supports at 19,200 and 19,080 and resistances at 19,420 and 19,490. The Nifty spot has supports at 5,838 and 5,800 and resistances at 5,910 and 5,935.

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NIFTY Updates for Today 14 Dec. 2012

The Nifty was having another day of consolidation until sometime close to the session end we traded 30 points lower in one swift move. So far we have managed to close above 5,840 levels; Nifty Future ended on a bearish note at 5,876.45 with a big bearish Marubozu candle. For today's trade, Nifty is likely to trade in the range between 5,870 - 5,895 in the upper side and 5,830 - 5,810 in the lower side.

The Sensex has supports at 19,090 and 18,970 and resistances at 19,310and 19,420. The Nifty spot has supports at 5,835 and 5,800 and resistances at 5,885 and 5,910.

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NIFTY Updates for Today 13 Dec. 2012

The Nifty had another day of consolidation and we still are trading above 5,840 level until which we should have a positive bias, and hence I suggest holding long position to those who have created longs at lower levels as we are on course towards 6,000 and more. For today's trade, Nifty is likely to trade in the range between 5,920 - 5,945 in the upper side and 5,870 - 5,850 in the lower side.

The Sensex has supports at 19,280 and 19,190 and resistances at 19,480 and 19,610. The Nifty spot has supports at 5,865 and 5,830 and resistances at 5,925 and 5,965.

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NIFTY Updates for Today 12 Dec. 2012

The Nifty opened and traded to the highest point of the day in the first hour of trading. We still trade above 5,840 level until which we should have a positive bias, and hence I suggest holding long position to those who have created longs at lower levels as we are on course towards 6,000 and more. Nifty Future ended on a bearish note after 2-3 days consecutive indecisive closing, it closed at 5,928.40 with a big spinning top candle. We raised concern in our last report and the same thing happened.

For today's trade, Nifty is likely to trade in the range between 5,920 -5,945 in the upper side and 5,870 -5,850 in the lower side.

The Sensex has supports at 19,280 and 19,190 and resistances at 19,510 and 19,620. The Nifty spot has supports at 5,865 and 5,839 and resistances at 5,935 and 5,965.

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Nifty Alert - Intraday Nifty Updates Today 10 Dec. 2012

The Nifty index moved up last week and moved to 5,944.90 points from a low of 5,629.75 in the previous week. It marked a high of 5,984.65 which is an all time high of the current year. Nifty is likely to face resistance at higher level. It is now taking resistance at 6,000 and 6,070. Once it manage to trade and sustain above the level of 6,000 a further upward movement would be seen and it may test the level of 6,140. On the downside, 5,860 would act as a strong support level for the markets. A breach of this level would increase pessimism and Nifty may face more selling pressure and it may test the level of 5,745.

The Sensex has supports at 19,350 and 19,190 and resistances at 19,530 and 19,650. The Nifty spot has supports at 5,888 and 5,840 and resistances at 5,950 and 5,975.

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Intraday NIFTY Updates for Today 06 Dec. 2012

The Nifty continued its sideways price action, another day of consolidation. And as I have been suggesting all declines would be bought into hence they would be shallow declines. We are on course towards 5,950 and higher towards 6,150. 

Nifty Future closed at 5,940.45 with a doji candle. Candle pattern implies indecision, however trend suggests it is in a strong up-trend. It closed just around 5,940 level and we believe a sustainable movement above this level would trigger fresh longs that would take it towards 6,005 and 6,180 as discussed. We expect market to open on a positive note due overnight policy amendment, so hold long and trade with a positive bias is advisable. 

The Sensex has supports at 19,350 and 19,250 and resistances at 19,450 and 19,550. The Nifty spot has supports at 5,870 and 5,850 and resistances at 5,930 and 5,950.

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Intraday NIFTY Updates Today 05 Dec. 2012

The Nifty continued its sideways price action, another day of consolidation. And as I have been suggesting all declines would be bought into hence they would be shallow declines. We are still on course towards 5,920 and higher towards 6,150. 

The Sensex has supports at 19,260 and 19,150 and resistances at 19,440 and 19,550. The Nifty spot has supports at 5,859 and 5,825 and resistances at 5,910 and 5,950.

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NIFTY Intraday Updates for Today 04 Dec. 2012

As suspected the Nifty had a sideways day, a day of consolidation. And as I have suggested all declines would be bought into hence they would be shallow declines. We are still on course towards 5,920 and higher towards 6,150. Trend deciding level is 5,880. If Nifty shows strength above 5,880 levels, then rally to 5,920/5,950/6,000 may be seen. If Nifty does not show strength above 5,880 levels then selling pressure till 5,840/5,800/5,750 may be seen.

The Sensex has supports at 19,250 and 19,180 and resistances at 19,410 and 19,500. The Nifty spot has supports at 5,854 and 5,820 and resistances at 5,900 and 5,950.

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Bullish & Bearish Stocks & Stock Tips 29 Nov 12

The Sensex ended at 18,831.98, up 294.97 points or 1.59 per cent and the Nifty closed at 5,725.80, up 89.90 points or 1.60 per cent. 

Bullish Intraday Stocks 29 Nov 12

SUBEX SUNPHARMA DCHL EKC GITANJALI AMBUJACEM AXISBANK EXIDEIND UNIONBANK YESBANK LUPIN PFC DRREDDY BHEL PUNJLLOYD CESC ICICIBANK VIJAYABANK BAJAJ AUTO JPASSOCIAT GSPL GODREJCP CENTURYTEX KOTAKBANK GUJRATGAS FINANTECH ASHOKLEY ACC

Bearish Intraday Stocks 29 Nov 12

WELCORP HINDCOPPER ROLTA BHARATFORG KFA TVSMOTOR IDBI KGL KSOILS MAX TATAPOWER MARUTI TATAMTRDVR TATACOFFEE GSFC JUBLFOOD AMARAJABAT BGRENERGY CHAMBLFERT OPTOCIRCUI INDIANB CAIRN HINDZINC NITINFIRE DIVISLAB GMDCLTD POWERGRID ESCORTS DISHTV JSWENERGY HOTELEELA PIPAVAVDOC MUTHOOTFIN ANANTRAJ M&M

Buy & Sell Calls/ Stock Tips 29 Nov 12

BUY Larsen -and- Toubro Ltd. Long Term Target 2000 Stop Loss 1617

BUY Geodesic Ltd. Long Term Target 70 Stop Loss 30

BUY Bartronics India Ltd. Long Term Target 45 Stop Loss 22

BUY Thinksoft Global Services Ltd. Med Term Target 150 Stop Loss 90

BUY Veer Energy -and- Infrastructure Ltd. Med Term Target 25 Stop Loss 13

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Nifty News and Tips for 9th nov. 2012

Nifty trading in a tight range of 5,700-5,800 levels now. So, he suggested selling out of the money options.That would leave one with a lot of money because we have couple of holidays in the next weekend; premiums will dwindle down really very fast in one's favour if one is on the right side, he elaborated.
Further added that there are no key indications which justify shorting the market at the moment.For past four trading sessions, FIIs have become marginal sellers. Those numbers are pretty small, ranging from Rs 100 crore to almost Rs 300 crore. But, if one closely monitors the open interest, it has just started declining; this indicates that they are unwinding their long positions. But, we have not seen big time shorts coming up into the markets. So, there are no signals, which makes one think that do we really need to go short on the market at the moment.

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NIFTY OUTLOOK - Market Updates Today 07 Nov 2012

The Nifty continued to trade in the narrow range of 5,680 to 5,710 for most of the session however in the last hour of trade we got a positive up move with the Nifty closing at the high of the day at 5,724. I still hold a positive bias on the market and am holding on to my Bank Nifty longs for the last 3 days expecting an upward breakout. We could see levels of 5,800 maybe even 5,900 if 5,730 is taken out with force.   

Markets are expected to open on flat note in today session but will see buying support at lower levels. Overall markets are stuck in broad range of 5,580-5,780 and any breakout of this range on either side will further set the direction of the indices.

The Sensex has supports at 18,750 and 18,620 and resistances at 18,910 and 19,050. The Nifty spot has supports at 5,690 and 5,665 and resistances at 5,750 and 5,780.

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NIFTY OUTLOOK - Market Updates Today 06 Nov 2012

The Nifty traded in a narrow 25 point band; it just about held on to the 5,680 level I had recommended placing a stop loss on for newly initiated long trades on the Nifty. I am still holding on to my Bank Nifty longs expecting an upward breakout in the days to come. We could see levels of 5,800 if 5,730 is taken out with force.   

Nifty Future remained within a narrow trading band of 5,700-5,760 and ended at 5,739.55 with a hanging man candle. It again rebounded from day low of 5,710 level, which means buyers have faith in on-going market trend. However, traders are advised to take cautious stance as it is at intermediate resistance near 5,750. 

The Sensex has supports at 18,680 and 18,590 and resistances at 18,820 and 18,890. The Nifty spot has supports at 5,675 and 5,650 and resistances at 5,730 and 5,750.

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NIFTY OUTLOOK - Market Updates Today 02 Nov 2012

The Nifty traded sideways at the beginning of the session and then slowly grinded higher. Nifty Future closed with a positive note at 5,676 with a white candle. Again, it closed between long trading ranges of 5,635-5,755. After breakdown from the previous range, it made a new intermediate low near 5,615. We believe, it will start trading in a new trading range of 5,600-5,725. We recommend trading with some low beta stocks and suggest BUY on dips. We expect it to take strong resistance near 5,725 and support seen at 5,630 and 5,600. For positional traders, we recommend buying on dips with strict stop loss at 5,580.

The Sensex has supports at 18,540 and 18,470 and resistances at 18,680 and 18,800. The Nifty spot has supports at 5,645 and 5,610 and resistances at 5,690 and 5,725.

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NIFTY OUTLOOK - Market Updates Today 01 Nov 2012

The Nifty traded in a 30 point range before giving a weak breakout on the upside. We could see a range bound Nifty in the coming days which may not give us clear moves. On the lower side, 5,580 - 5,550 are good support areas and on the higher side, 5,650 - 5,680 are resistances.

Nifty Future touched its crucial hurdle of 5,650 in the last hour of the trade and closed just below that level at 5,646.10 with a small white body candle pattern. Traders are recommended to trade with a negative bias till the time it is trading below its previous range. We expect support at 5,580 and 5,530 levels and on the upside it is likely to remain capped near 5,725. Overall, we expect a new trading band for coming trading session. However, it is too early to predict.

The Sensex has supports at 18,450 and 18,370 and resistances at 18,580 and 18,660. The Nifty spot has supports at 5,580 and 5,545 and resistances at 5,650 and 5,680.

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NIFTY OUTLOOK - Market Updates for Today 31 oct 2012

The Nifty opened and traded higher post the outcome of the RBI policy, it dropped a good 75 points in 45 minutes and then started to consolidate between 5,590 - 5,615. The Nifty has clearly broken down from the range it was in for many days however to initiate fresh shorts towards the end of the day would be risky as it has already fallen a lot and is close to support levels at 5,550 - 5,600. 

Nifty Future has broken down its ongoing consolidation and closed below its most crucial support level of 5,630. It closed at 5,628 with a big bearish candle pattern. This bearish reversal likely to take it towards 5,530 level so aggressive buying is not advisable at this juncture. However, we see 5,580 is a crucial level to act as a stationary support level on intraday basis. 

The Sensex has supports at 18,310 and 18,220 and resistances at 18,470 and 18,550. The Nifty spot has supports at 5,575 and 5,525 and resistances at 5,640 and 5,670.

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Nifty News Today 29 Oct. 2012

The Nifty has immediate support placed at 5,630 - 5,620 levels and a break below 5,630 is likely to make the correction a bit deeper to levels of 5,550 - 5,540. In the last trading session of the week Nifty managed to take resistance of its 9 and 26 period moving averages, trading above its moving averages and resistance level of 5,760 may take Nifty till 5,800 marks.
           The Nifty has immediate support placed at 5,630 - 5,620 levels and a break below 5,630 is likely to make the correction a bit deeper to levels of 5,550 - 5,540. In the last trading session of the week Nifty managed to take resistance of its 9 and 26 period moving averages, trading above its moving averages and resistance level of 5,760 may take Nifty till 5,800 marks.

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Nifty Market Outlook for 17 oct. 12

Nifty on corrective path
Indian shares closed  flat to higher on Monday after recouping losses in afternoon trade following positiveEuropean cues. Nifty went closer to 5700 level with the index hitting an intraday high of 5,693.70, before closing with gains of 11.20 points at 5,687.25. The much awaited inflation came in at 7.81 percent for the September, which was slightly higher compared to 7.55 percent in August due to hike in diesel price by Rs 5 a  liter in last month. But that was largely in-line with analysts' expectations of 7.73 percent.
        Nifty is expected to face support and resistance between 5,650 and 5,750. Currently, all the technical indicators are in the profit booking phase with RSI at the level of 58. However, MACD which has crossed-over for a bearish indication. The first resistance, for the week ahead, is 5,740 followed by 5,760. In case, Nifty crosses this psychological level, it can further test 5,800 mark on upside. While the first support, for the week ahead, will be at 5,650. A fall below that level could drag Nifty near to 5,600  after hitting fresh 2012 highs, the Indian benchmark indices are expected to take a breather before determining the next direction of the market. FIIs have a huge long position in cash segment but they don’t have in proportionate long positions in stock future, indicating selling could be emerged at higher levels.

                                              3 MONTHS DAILY CHART OF NIFTY


                                            SHORT TERM OUTLOOK ON STOCKS

Stocks with short term Bullish Outlook:
STOCK                                                           S1            S2          R1             R2
HINDALCO                                                 117.9        115.7     121.4        122.7
SIEMENS                                                    687.07      676.03   705.07       712.03

Stocks with short term Bearish Outlook:
STOCK                                                          S1             S2          R1              R2
MARUTI SUZUKI                                     1320.07     1301.88  1370.37    1402.48
INFOSYS                                                   2341.6       2317.6    2400.8       436

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Nifty Market Chart & Update For 10 Oct 12

                                                           MARKET OUTLOOK                                                        

On daily chart Nifty exhibiting “descending triangle” which is bearish breakout pattern if lower trend line breaks.  Price is now near to lower trend line, and moving  within triangle. Nifty next resistance seems at 5,760 while support at 5,650 if nifty breaches 5,760 then we could see rally up to 5,800 on the flip side if the level of 5,650 breaches decisively then we could see fall up to strong support of 5,600.

                 Further most of the technical momentum indicators are currently suggesting downside. Stochastic is currently moving in overbought zone, on the brink of entering into negative territory indicating profit booking. RSI is reversing back after touching overbought zone and indicating more correction is due in near term. MACD is crossing 9 day EMA from the above and showing negative divergence, also indicating Nifty is in profit booking zone.

               It was largely a volatile session for the market on Tuesday. In fact, Nifty touched an intraday low of 5,677.90, before closing with gains of 28.60 points at 5,704.60. But the bouts of profit booking due to Euro zone concerns and worries over fiscal deficit sent the index, in the second half of trade, closer to previous day’s closing value.

                                                     3 MONTHS DAILY CHART OF NIFTY

                                                SHORT TERM OUTLOOK ON STOCKS

Stocks with short term Bullish Outlook:

STOCK                                                      S1                   S2               R1                    R2

ULTRATECH CEMENT                        2019.47          1982.58       2078.57            2100.78

LARSEN                                                 1614.17           1595.53      1646.47             1660.13

Stocks with short term Bearish Outlook:

STOCK                                                     S1                     S2               R1                    R2

GAIL                                                        375.47             369.88         390.22             399.38

BHARTI AIRTEL                                     262.12             258.93         270.62             275.93

                                                               NEWS TO WATCH

1. Infosys September-quarter profit seen up 24.9%

2. Quarter-2 production of Cairn India up 22% YoY

3. NMDC cuts iron-ore price by 2-11% for October; will set prices every month.

4. IMF cuts India growth forecast to 4.9% from 6.2%

5. Bad days ahead for DLF, downward trending for two days.

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                                                         MARKET OUTLOOK                                                        

On daily chart Nifty exhibiting “descending triangle” which is bearish breakout pattern if lower trend line breaks.  Price is now near to lower trend line, and moving  within triangle. Nifty next resistance seems at 5,760 while support at 5,650 if nifty breaches 5,760 then we could see rally up to 5,800 on the flip side if the level of 5,650 breaches decisively then we could see fall up to strong support of 5,600.

                 Further most of the technical momentum indicators are currently suggesting downside. Stochastic is currently moving in overbought zone, on the brink of entering into negative territory indicating profit booking. RSI is reversing back after touching overbought zone and indicating more correction is due in near term. MACD is crossing 9 day EMA from the above and showing negative divergence, also indicating Nifty is in profit booking zone.

               It was largely a volatile session for the market on Tuesday. In fact, Nifty touched an Intraday low of 5,677.90, before closing with gains of 28.60 points at 5,704.60. But the bouts of profit booking due to Euro zone concerns and worries over fiscal deficit sent the index, in the second half of trade, closer to previous day’s closing value.

                                                     3 MONTHS DAILY CHART OF NIFTY

                                                SHORT TERM OUTLOOK ON STOCKS

Stocks with short term Bullish Outlook:

STOCK                                                      S1                   S2               R1                    R2

ULTRATECH CEMENT                        2019.47          1982.58       2078.57            2100.78

LARSEN                                                 1614.17           1595.53      1646.47             1660.13

Stocks with short term Bearish Outlook:

STOCK                                                     S1                     S2               R1                    R2

GAIL                                                        375.47             369.88         390.22             399.38

BHARTI AIRTEL                                     262.12             258.93         270.62             275.93

                                                               NEWS TO WATCH

1. Infosys September-quarter profit seen up 24.9%

2. Quarter-2 production of Cairn India up 22% YoY

3. NMDC cuts iron-ore price by 2-11% for October; will set prices every month.

4. IMF cuts India growth forecast to 4.9% from 6.2%

5. Bad days ahead for DLF, downward trending for two days.

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Stock Tips & Nifty Tips For 9th Oct

The Sensex fell by over 229 points to close at 18,708.98 and Nifty closed at Rs 5676, fall down by 70.95 points from its previous closing.

Nifty Tips For 9th Oct 2012
Support1 = 5669 Support2 = 5641 Support3 = 5588
Resistance1 = 5750  Resistance2 = 5803  Resistance3 = 5831

BankNifty Support and TheRresistance Levels
Pivot Level = 11468
Support1 = 11351 Support2 = 11284 Support3 = 11168
Resistance1 = 11534  Resistance2 = 11650  Resistance3 = 11717

Stock Tips For Today 9 Oct 12

BUY Bharti Airtel Ltd. Med Term Target 350 Stop Loss 260

SELL Reliance Capital Ltd. Short Term Target 420 Stop Loss 455

BUY Reliance Power Ltd. Intraday Target 105 Stop Loss 100

BUY Orchid Chemicals -and- Pharmaceuticals Ltd. Med Term Target 135 Stop Loss 110

BUY Raj Oil Mills Ltd. Med Term Target 10 Stop Loss 6

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Today's Nifty Future and option tips

The Indian market closed on negative side. Sensex closed at Rs 18,938 down 120 points from its previous closing and the Nifty ended at Rs 5,743.90, down 43.70 points or 0.76 percent.

Nifty Gainers were TATA MOTORS HIND UNI LT MAH & MAH ONG CORP LTD LARSEN & TOU HINDALCO IN RELIANCE SIEMENS COAL INDIA GAIL

Nifty Losers were HOUS DEV FIN H C L TECH REL INFRA WIPRO LTD SUN PHARMA TATA COM LTD LUPIN LTD inf SESA GOA LTD PUNJAB NATBK

Bearish Intraday Stocks 8 Oct 12

GRAVITA RUCHISOYA DISHTV BERGEPAINT MOTHERSUMI JSWISPAT MADRASCEM JYOTHYLAB DCHL INDIANB BIOCON MAX FDC
HEXAWARE ICSA HATHWAY 3IINFOTECH SATYAMCOMP ANDHRABANK MMTC CENTURYTEX JSWSTEEL DELTACORP RAYMOND MTNL GTL TTML     
Bullish Intraday Stocks 8 Oct 12

CROMPGREAV UNIPHOS TATAMTRDVR RECLTD SRTRANSFIN PFC TATAMOTORS LT ONGC ESCORTS DABUR HINDUNILVR JETAIRWAYS GTOFFSHORE CASTROL AMARAJABAT EDELWEISS ADANIENT

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Todays Update : Nifty is likely to correct

Indian shares snapped four-day winning streak Friday owing to profit booking. The index had gained 79 points in early trade following Cabinet’s approval to 49% FDI in insurance and pension. Meanwhile, the NSE Nifty, which plunged 899 points intraday due to freak trade by brokerage house, declined 40.65points to end at 5,746.95. The index touched a low of 4,888.20 today due to faulty order punched by adealer of Emkay Shares and Stock Brokers while the BSE Sensex fell more than 300 points. The trading was halted by the NSE between 9:50 am to 10:05 am. On upside if level of 5,800 breaches decisively then we could see rise up to mark of 5,860, on the lower side if level of 5,700 is breaches then Nifty could retrace up to its mild support of 5,620 mark first and thereafter up to its strong support of 5,600. Technical momentum indicators are currently suggesting uptrend in it. Stochastic is currently moving in overbought zone, on the brink of entering into positive territory. RSI is trading in overbought territory at 76 showing negative crossover.Another momentum technical indicator MACD is trading in positive zone, showing positive divergence,also indicating uptrend.

                                             3 MONTHS DAILY CHART OF NIFTY


                                           SHORT TERM OUTLOOK ON STOCKS



Stocks with short term Bullish Outlook:

STOCK                                                     S1              S2            R1              R2
TATA MOTORS                                    239.17      197.78       302.22       323.88
HUL                                                        483.67      401.93       607.92       650.43

Stocks with short term Bearish Outlook:
STOCK                                                     S1              S2             R1              R2
HDFC                                                    662.2         574.45        806.75       863.55
HCLTECH                                             541.23       508.92        598.93       624.32



                                                     NEWS TO WATCH  TODAY

1. IVRCL plunges over 9 per cent as Essel Group offloads shares
2. HDFC plunges 6% as Carlyle sells 3.7% stake for nearly Rs4,300 crore
3. Oil India, IOC buy stake in US shale assets
4. Pepsi cuts price, Coke unlikely to follow the suit.
5. Hike in insurance FDI limit may attract Rs. 30k crore: IRDA

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Todays Nifty Future and Option Tips

NIFTY Futures Tips

The NIFTY is the most liquid Futures instrument traded on the Indian Bourses. It is suitable for trading for the Retail as well as the HNI traders. This segment also includes calls on the Bank NIFTY.This is primarily an Intraday product is designed to capture Intraday swings in the NIFTY the BANK NIFTY A FREE TRIAL of two days is given so that Traders can verify the facts for themselves. 

Product contents:

• 15-20 NIFTY FUTURE Tips per calendar month are given in the NIFTY Futures or BANK NIFTY Futures.
• The NIFTY FUTURE calls are designed to capture 25-60 points intraday swings with a 20-30 point stop loss.
• The BANK NIFTY FUTURE calls are designed to capture 100-200 points intraday swings with 50-100 point stop loss.
• All levels are based on the Futures price unless specified otherwise.
• Follow up of all Live calls.
• Pre Market opening message of overnight World Market trends and SGX NIFTY updates.
• Pre Stock Market NIFTY view alongwith Support Resistance levels for the NIFTY.
• A Daily Trading Note is provided on a complementary basis.
• Complete Support On Live Chat and/or Telephone.

Follow ups:

• NIFTY FUT DEC 4592 INTRADAY LONG CALL INITIATED.
• NIFTY FUT DEC 4628 BOOK FULL PROFITS ON OUR INTRADAY LONG CALL AT 4592 LEVELS.
• BANK NIFTY DEC FUT CMP 8300 RISK AVERSE TRADERS TAKE PART PROFITS ON OUR SHORT CALL AT 8370 LEVELS. OTHERS TAKE PART PROFITS AND TRAIL TO COST FOR BFP 8250.
• BANK NIFTY DEC FUT CMP 8260 BOOK FULL PROFITS ON OUR INTRADAY SHORT CALL AT 8370 LEVELS BPP DONE AT 8300 LEVELS.

NIFTY Options Tips

NIFTY Options are the most liquid options in the Indian stock markets. The combined volumes of the various NIFTY option strikes form the major part of the traded volumes in the total volumes. This is a product for the savvy Option trader. Trading in options in a disciplined manner is one of the safest ways of trading in the volatile and wild swinging markets. Trading in Options is also cheaper compared to trading in the Futures segment in terms of the Brokerage and statutory charges. This product is designed for traders and Investors who want to profit from the directional moves the NIFTY and Bank NIFTY through simple Buying and Selling of Options.

A FREE TRIAL of two days is given so that Traders can verify the facts for themselves. 

Product contents:

• 15-25 Tips per calendar month are given in the NIFTY Options.
• The product is a combination of Positional and Intraday Tips on the NIFTY Options.
• The Tips are plain Buy or Sell Calls.
• Follow up of all Live calls.
• Pre Market opening message of overnight World Market trends and SGX NIFTY updates.
• Pre Market NIFTY view alongwith Support Resistance levels for the NIFTY.
• A Daily Trading Note is provided on a complementary basis.
• Complete Support On Live Chat and/or Telephone.

Follow ups:

• NIFTY 4800 CALL CMP 41 BOOK FULLPROFITS ON SHORT CALL AT 48 LEVELS.
• NIFTY JAN 5000 CALL CMP 72 TAKE PART PROFITS ON OUR LONG CALL AT 58.50 LEVELS TRAIL SL TO 65 FOR BFP 85.
• NIFTY JAN 5000 CALL CMP 80 BOOK FULL PROFITS ON OUR LONG CALL AT 58.50 LEVELS BPP DONE AT 72 LEVELS.

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Nifty has formed a “rectangular pattern” suggesting uptrend

Nifty closed above the 5700 level for the second consecutive session on Monday, supported by positive 

European cues and appreciation in Indian rupee. Overall it was a day of consolidation for the market
after it had rallied 1 percent on Friday and 8 percent in September on strong inflow of foreign money.
Nifty is currently trading in range of 50 points in between 5,700-5,750, exhibiting rectangular pattern,
trading within with support at 5,520 and resistance at 5,760.. On upside if level of 5,760 breaches
decisively then we could see rise up to mark of 5,800, on the lower side if level of 5,600 is breaches then
Nifty could retrace up to its mild support of 5,520 mark first and thereafter up to its strong support of
5,500. Technical momentum indicators are currently suggesting uptrend in it. Stochastic is currently
moving in neutral zone, on the brink of entering into overbought territory indicating upside. RSI is
trading in overbought territory at 73 showing positive crossover. Another momentum technical
indicator MACD is trading in positive zone, showing positive divergence, also indicating uptrend

                                   SHORT TERM OUTLOOK ON STOCKS

Stocks with short term Bullish Outlook:

STOCK                                                            S1             S2               R1            R2

J P ASSOCIATES                                          83.47        80.98           87.42       88.88
AMBUJA CEMENT                                      204           198.5          213          216.5

Stocks with short term Bearish Outlook:

STOCK                                                             S1            S2                R1             R2

DLF                                                              225.27       221.53         234.07       239.13
BANK OF BARODA                                   776.68       768.72         798.03       811.42



                                                        NEWS TO WATCH


1.   General Motors India sales down 27% in September
2.   Exports in August down 9.7% YoY; imports fall 5.1%
3.   Maruti Suzuki September sales up 10% YoY at 93,988 units
4.   Fiscal deficit can be reined in at 5.2% of GDP only if subsidies are cut: Kelkar
      Report
5.   Manufacturing PMI steady at 52.8 in September

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Today's (29th sept.):Future and Option tip

Today Indian market is positive index BSE upwards 18839.43(259.93) and Nifty upwards 5726.35(78.85), today is new session start month of October and this month nifty will cross 5800-5850, so that is new session and investor should be invest all of leading stock that is good time to book profit.

Nifty support 5660, 5680 nifty resistance 5750, 5780

Today top leading stock 

Tata Power, Tata Motors, JP Associates, Jindal Steel, Hindalco, Tata Steel, Sesa Goa, Bharti Airtel, Cairn India, Wipro, M & M, Axis Bank, Maruti Suzuki gained 3 to 1.5 per cent.

SELL MC DOWELL N FUTURE BELOW 1265 TARGETS 1240, 1238 STOPLOSS 1250

 BUY NIFTY FUTURE ABOVE 5695 TARGETS 5710, 5725, 5745 STOPLOSS 5665

BUY BHARTI AIRTEL STOCK OPTION TARGET 14.50, 15.0, 16.0 SL 12.0

BUY TATA POWER IN STOCK OPTION TARGET 7.50, 8.50, 9.50 SL 5.50

BUY DENA BANK IN STOCK OPTION TARGET 7.0, 7.70, 8.50 SL 5.50

BUY AURBINDO PHARMA IN STOCK OPTION TARGET 9.70, 10.70, 11.50 SL 7.70

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Nifty is likely to move within 5,600 to 5,700 level. : Upadte for 28th sept.

MARKET OUTLOOK

Nifty is expected to move within a range as suggested by its technical indicators. Resistance for Nifty now seems at 5,720-5,740 while support stands at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could see rise up to the mark of 5,800, on the lower side if level of 5,540 is breaches then Nifty could retrace up to support of 5,500 mark. Technical indicators like MACD, RSI are also supporting its uptrend move. MACD is showing positive divergence, crossing its signal line (9 Days exponential moving average) from the below. RSI is at 68 level on the verge of showing negative crossover, which indicates positive bias may expect in the market.

      On the derivatives front the Nifty Futures prices inclined along with incline in the open interest with incline in cost of carry indicating long position initiated at the lower level. For the coming days, 5,640-5,650 level would act as the strong support for Nifty. There was significant short accumulation was witnessed in ATM Put option. Most of the open interest accretion witnessed in the 5,700 put. On the flip side squaring off was seen between 5,700 and 5,800 strike Call Option which suggests a range of 5,650-5,750 for September expiry.

SHORT TERM OUTLOOK ON STOCKS


Stocks with short term Bullish Outlook:
STOCK                                              S1             S2                  R1                 R2
HCL TECH                                      569.43       555.42           593.18           602.92
LARSEN                                         1575.05     1551.95         1612.7          1627.25

Stocks with short term Bearish Outlook:
STOCK                                             S1             S2                   R1                 R2
SAIL                                              84.13          82.62              88.03             90.42
SESA GOA                                  166.5          163.25            175.2             180.65


NEWS TO WATCH


1. General Motors to hike prices form 1stOctober
2. United Spirits up 9%, at 20-month high on stake sale hope
3. FinMin, RBI officials to meet today on H2 borrowings
4. Cement shares extend Wednesday's gains on hopes of rising demand

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Today's Updates :Nifty is Likely to be Range Bound (27sept.).

Nifty is expected to move within a range as suggested by its technical indicators. Also, a high volatility is
expected to be the order of the week ahead of F&O expiry. Resistance for Nifty now seems at 5,720-
5,740 while support stands at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could
see rise up to the mark of 5,800, on the lower side if level of 5,540 is breaches then Nifty could retrace
up to support of 5,500 mark. Technical indicators like MACD, RSI are also supporting its uptrend move.
MACD is showing positive divergence, crossing its signal line (9 Days exponential moving average) from
the below. RSI is at 70 level with positive divergence, which indicates positive bias may expect in the
market.
On the derivatives front the Nifty Futures prices inclined along with incline in the open interest with
incline in cost of carry indicating long position initiated at the lower level. For the coming days, 5,640-
5,650 level would act as the strong support for Nifty. There was significant short accumulation was
witnessed in ATM Put option. Most of the open interest accretion witnessed in the 5,700 put. On the
flip side squaring off was seen between 5,700 and 5,800 strike Call Option which suggests a range of
5,650-5,750 for September expiry.




                                                3 MONTHS DAILY CHART OF NIFTY

    NEWS TO WATCH TODAY


1. Gold importers stay away as prices recover
2. Cement industry is on a high, Ambuja Cement and ACC top gainers almost 4%
3. PTC, Lanco, Adani to gain from SEB restructuring.
4. Expect weekly rise or fall in Petrol prices.

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Today's Tip ,26th sept. : Nifty is Likely to be Range Bound

Nifty managed to recover some ground in the last session and closed above 5,670 psychological level. From here, Nifty is expected to move within a range as suggested by its technical indicators. Also, a high volatility is expected to be the order of the week ahead of F&O expiry. Resistance for Nifty now seems at 5,720-5,740 while support stand at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could see rise up to the mark of 5,800, on the lower side if level of 5,540 is breaches then Nifty could retrace up to support of 5,500 mark. Technical indicators like MACD, RSI are also supporting its uptrend move. MACD is showing positive divergence, crossing its signal line (9 Days exponential moving average) from the below. RSI is at 70 level with positive divergence, which indicates positive bias may expect in the market.
On the derivatives front the Nifty Futures prices inclined along with incline in the open interest with incline in cost of carry indicating long position initiated at the lower level. For the coming days, 5,640-5,650 level would act as the strong support for Nifty. There was significant short accumulation was witnessed in ATM Put option. Most of the open interest accretion witnessed in the 5,700 put. On the flip side squaring off was seen between 5,700 and 5,800 strike Call Option which suggests a range of 5,650-5,750 for September expiry.The Volatility Index (VIX) declined significantly to 17.11% at end of the day. Decrease in VIX indicates Nifty is likely to trade with positive bias in initial hours of next days' trade. Volatility has a strong inverse correlation with markets. The put-call ratio of open interest declined on the last day of the week, butclosed below from the previous week at 0.99 levels. The options concentration has shifted to the 5,700 Call option.

SHORT TERM OUTLOOK ON STOCKS


Stocks with short term Bullish Outlook:
STOCK                                                S1                S2              R1                 R2
KOTAK MAHINDRA                     628.57          616.03        648.82          656.53
BHEL                                                245.53          237.37        258.93          264.17

Stocks with short term Bearish Outlook:
STOCK                                               S1                 S2              R1                  R2
JINDAL STEEL                                415.9            406.75         440.1            455.15
CAIRN INDIA                                 324.17           314.58        342.17           350.58

NEWS TO WATCH


1.  Goldman Sachs projects 18% return in next 12 months.
2.  Foreign Institutional Investments rains in September, Rs. 9000 crore.
3.  Rating agency cut Standard & Poor has lowered India’s GDP growth forecast to
      5.5% from 6.5% earlier.
4. Government lines up slew of reforms to attract foreign capital and to accelerate
     capital market.

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Today's Future and Option tips : 25th sept

Indian stock market consolidated today, open with positive index today, Nifty is now in a very narrow range, nifty may move 5,710 on the upside and 5,660 on the downside, do not show big movement today. So, a move above 5,700 or below 5,660 should give an intraday trading opportunity. But today we alert for future and option trading.
Nifty support today 5660,5640 Resistance Level 5700, 5720

Today  trading tips:
Buy Cipla Limited target 367 stops loss 360 in nifty future.
Sell DLF Limited target 230 stops loss 234 in nifty future.
Sell Bharti Airtel Target 272 stop los 276 in nifty future.
Sell Siemens Limited Target 709 stop loss 713 in nifty future
Buy TCS Limited target 1320 stop loss 1296 in nifty future

Nifty Option Tips

Trade In Nifty Options.(Call and Put )
Mostly intraday Nifty Option tips
One Option trading tip per day
All Tips with proper entry and exit
Trading capital 10,000 required.
More Than 200% profit per month
From 10,000 to 270,000 in 3 months
Accuracy of option tips more than 90%
We provide both entry and exit SMS

Nifty Future Tips

News and research based tips for Nifty Future
One Nifty Future trading tip per day
Profit of 400-600 points per lot per month
We provide both entry and exit SMS
Accuracy of nifty Future tips more than 90%
Nifty future tips for intraday and short term

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Today's news 24th sept. : Small upside may lead to fresh shorts.

 Nifty Trend Today: 

Nifty continued its upward move on the final trading session of the week and tested 5,700 levels. However, it  faced stiff resistance at this level and corrected until 5,670 levels from where it again gained some momentum and started moving upward. According to SEBI data, FIIs have net bought Rs 6262 crore of shares in three trading sessions between September 14-18. This is nearly 70% of the Rs 9323 crore of net purchases for the month so far. Technical indicators (Slow Stochastic, RSI) are supporting this view. Slow Stochastic is indicating a be signal as %K (Slow stochastic) rose above 70 levels and turned back below % D. RSI is also moving near overbought region at 74 levels. Hence, profit booking will occur in near term and a wide correction is due in the range of 6 to 8% inforthcoming trading sessions.
                      However, MACD which has crossed-over for a bullish indication is giving hopes to bulls. Nifty is expected to open in positive terrain in the coming week, but may find pressure on higher levels. The first resistance, for the week ahead, is 5,740 followed by 5,800. The first support, for the week ahead, will be at 5,600 and the further downside support will be at 5,540. After hitting fresh 2012 highs, the Indian benchmark indices are expected to take a breather before determining the next direction of the market.


                            SHORT TERM OUTLOOK ON STOCKS

Stocks with short term Bullish Outlook:

STOCK                                                            S1           S2            R1            R2
RELIANCE INFRA                                       512.28     480.52      563.53     583.02
SAIL                                                                87.87       83.08        95.67       98.68


Stocks with short term Bearish Outlook:

STOCK                                                              S1           S2            R1             R2
TCS                                                                1290.8     1277.55      1324.8      1345.55
DR REDDYS LAB                                         1620.23   1596.77      1685.93     1728.17


News To Watch :

1. NSE Nifty and BSE Sensex at 14 months high as reforms continue.

2. Finance ministry cut rates of taxes on overseas borrowings to 5% from 20%.

3. Reliance communications increased mobile phone call prices by 25%  in four
telecom zones.

4. 3% targeted fiscal deficit by FY15, not feasible: Planning Commission.

Read More

Nifty Outlook for 21 sept.

Nifty is likely to consolidate between 5,500- 5,600
Nifty started the day on negative note backed by weak cues from global arena. Nifty witnessed a high volatility during the
session. It initially moved higher, even above the 5,580 level but could not sustain it and moved lower to test 5,540 levels
after breaching 5,550 level again, It started upward journey and ended the day well above the crucial 5,550 mark.
Technically, last one month chart of Nifty has formed rising 'wedge pattern' which is bearish breakout, only if, lower trend
line break. Otherwise we can see rally up to 5,800.
Uptrend is expected to continue and volatility may be the order of the day for some more time and hence the investors are
suggested to trade cautiously. Technical momentum indicator, which is suggesting uptrend, could test its  next major
resistances around 5,640 and if Nifty crosses this level, it can go further up, to test 5,700 level. On the downside, the levels of
5,400 will play major supports and any decisive fall below that could drag Nifty to its next strong support of 5,200. It is still
trading above its 8 & 34 days exponential moving average and its RSI is at 67 levels moving in the neutral zone, indicating
that there is some more upside potential left for it. Stochastic is currently moving near the overbought zone at 76 level on
the brink of showing negative crossover indicating downside. MACD is trading in positive zone showing positive divergence
also suggesting uptrend.




Stocks with short term Bullish Outlook:
STOCK                                         S1              S2                R1              R2
BAJAJ AUTO                              1734.8       1679.05      1825.5      1860.45
BPCL                                             336.5         327.7           351.1        356.9


Stocks with short term Bearish Outlook:
STOCK                                            S1          S2  R1 R2
BHEL 213.77 211.38 219.77 223.38
GAIL 368.97 363.33 381.97 389.33

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Nifty Future Trading Tips for Today

Today,on thursday BSE Sensex slipped over 100 points in early trade led by losses in L&T,RIL and HDFC. The Nifty is trading at Rs 5,566, down 0.60 percent. It touched an intraday high of 5,567.95 and a low of 5,534.90 and Sensex touched intraday high of 18,406.14 and a low of 18,291.93.

Nifty Tips For Today
Resistance 5610-5650
Support  5500-5460

Nifty Future Trading Tips
Buy at above: 5587 Targets: 5603 - 5622 Stoploss : 5568

Intraday Trading Tips For Today

BUY Bajaj Hindustan Ltd target Rs 35 stoploss Rs 30

SELL Delta Corp Ltd Target Rs 63, stoploss Rs 75

BUY Shree Renuka Sugars Ltd, Target Rs 39, stoploss Rs 33.90

BUY State Trading Corporation Of India Ltd. Intraday Target 269 Stop Loss 258

BUY Finolex Cables Ltd. Intraday Target 43 StopLoss 35

SELL Ranbaxy Laboratories Ltd. Intraday Target 517.8 StopLoss 534.9

 for more log on to : online trader

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Nifty Future Trading Tips for Today

Today,on thursday BSE Sensex slipped over 100 points in early trade led by losses in L&T,RIL and HDFC. The Nifty is trading at Rs 5,566, down 0.60 percent. It touched an intraday high of 5,567.95 and a low of 5,534.90 and Sensex touched intraday high of 18,406.14 and a low of 18,291.93.

Nifty Tips For Today
Resistance 5610-5650
Support  5500-5460

Nifty Future Trading Tips
Buy at above: 5587 Targets: 5603 - 5622 Stoploss : 5568

Intraday Trading Tips For Today

BUY Bajaj Hindustan Ltd target Rs 35 stoploss Rs 30

SELL Delta Corp Ltd Target Rs 63, stoploss Rs 75

BUY Shree Renuka Sugars Ltd, Target Rs 39, stoploss Rs 33.90

BUY State Trading Corporation Of India Ltd. Intraday Target 269 Stop Loss 258

BUY Finolex Cables Ltd. Intraday Target 43 StopLoss 35

SELL Ranbaxy Laboratories Ltd. Intraday Target 517.8 StopLoss 534.9

 for more log on to : online trader

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Nifty tips and Levels,Bank Nifty Tips and Stock market Tips.

Indian market closed today on negative note. The Nifty ended at 5,599.85, down 10.15 points or 0.18 percent and the Sensex closed at 18,501.63, down 40.68 points or 0.22 percent from its previous closing. Nifty intraday high touched of Rs 5,620.55 and a low of Rs 5,586.45 and the Sensex touched intraday high of 18,580.48 and a low of 18,469.51.

Top Nifty Gainers:
 were Mahindra and Mahindra,Jaiprakash Asso. SBI,Infosys,SAIL,GAIL,Reliance Infra,Bank of Baroda,Jindal Steel,Axis Bank,PNB, BHEL,Bharti Airtel,HCL Tech.

Top NIfty Losers:
included ,Tata Steel, Kotak Mah. Bank,TCS, Hindalco Inds, Reliance Inds,Wipro, Cairn India,DLF, NTPC, Tata Motors, Cipla, Tata Power Co.

Nifty Tips For 20 Sep 12
Pivot Level = 5615
Support1 = 559, Support2 = 5584, Support3 = 5568
Resistance1 = 5628, Resistance2 = 5644,  Resistance3 = 5658

Bank Nifty Tips For 20 Sep 12
Pivot Level = 11027
Support1 = 10964, Support2 = 10843, Support3 = 10781
Resistance1 = 11147,  Resistance2 = 11209,  Resistance3 = 11330

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Future & Options updates today.

          Today Nifty options suggest mkt range of 5300-5500.with total Puts add 38.5 lakh shares in Open Interest.Total Calls add 10 lakh shares in Open Interest.Highest OI buildup seen in 5300 Put & 5600 Call
5300 Put adds 9.9 lakh shares in Open Interest.
             5200 Put adds 3.25 lakh shares in Open Interest and 5600 Call adds 6.5 lakh shares in Open Interest. Also 5500 Call adds 5.12 lakh shares in Open Interest 5400 Put adds 14 lakh shares in Open Interest.
            Total Nifty Futures added 6.1 lakh shares in OI and Stock Futures adds 1.8 cr shares in OI.
Nifty PCR rose to 1.06 from 1.01
India VIX closed at 15.04 down by 2.21%

FIIs in F&O on September 12

FIIs net buy Rs 437 cr in Index Futures; Index Futures Open Int contracts up by 13123

FIIs net buy Rs 483 cr in Index Options; Index Options Open Int contracts up by 36708

FIIs net sell Rs 28 cr in Stock Futures; Stock Futures Open Int contracts up by 13260

Accumulate Ipca Labs; target of Rs 487: Dolat Capital

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Stock Market Trend for Today

Today Stock market trend: Nifty Future and Option Tips

Today early Morning Nifty fall in 20 point and recover it slowly now 5350.55, may hope it will become and provide good rally for investor so that is time to invest  on market ,because  Germany's constiutional court will approve of ESM then  global effect of market automatically and for the economical growth. Indian government may take few decision so the all of effect on market , we hope market will go upwards 5450 end of this month, so that is best time to invest in nifty future , that will provide you more return in the market.

Leading stocks for Today:
Cipla, Bajaj corporation Limited, alembic Pharmaceutical Limited  is more gainer you can trade on it

Calls for today you can watch and trade:

OPTION CALL : BUY SESA GOA 170 PUT ABOVE 12 TARGET 13,14,15 STOPLOSS 10.
CALL BUY TIMKEN INDIA ABOVE 200 TARGETS 202 , 204 , 207 STOPLOSS 196.

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today tip for F & O brokers.

Myiris news desk has collated derivative calls & strategies from various brokers. The same are mentioned below:

ICICIdirect

1. Petronet LNG

`Buy` July Futures in the range of Rs 170-170.20 for the target price of Rs 173 - 175 with a stop loss placed at Rs 168.40.

2. Sun Pharma

`Sell` July Futures in the range of Rs 689-690 for the target price of Rs 677 - 670 with a stop loss placed at Rs 696.20.

Way2Wealth Securities

3. Vijaya Bank

`Buy` Sept. Futures around of Rs 48 for the target price of Rs 51 with astop loss placed at Rs 47.

4. Ranbaxy Lab

`Sell` Sept. Futures above of Rs 560 for the target price of Rs 545 with astop loss placed at Rs 566.

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