Wednesday 28 November 2012

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

Friday 9 November 2012

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.

Wednesday 7 November 2012

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.

Tuesday 6 November 2012

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.

Friday 2 November 2012

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.

Thursday 1 November 2012

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.