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Wednesday, December 29, 2010

Bartronics spurts on securing members nod for fund raising 29/12/2010

The announcement was made after market hours on Tuesday, 28 December 2010.
Meanwhile, the BSE Sensex was up 64.70 points, or 0.32% to 20,090.12
On BSE, 9.09 lakh shares were traded in the counter
The stock hit a high of Rs 96.25 and low of Rs 92.80 so far during the day. The stock had hit a 52-week high of Rs 187.05 on 8 February 2010 and a 52-week low of Rs 72.10 on 20 December 2010.
The company has an equity capital of Rs 34.05 crore. Face value per share is Rs 10.
Bartronics Indias shareholders at an annual general meeting held on 28 December 2010 approved raising funds through global depository receipts or American depository receipts or foreign currency convertible bonds or foreign currency exchangeable bonds, or any such instrument.
Bartronics Indias consolidated net profit declined 53% to Rs 16.54 crore on 28.20% rise in net sales to Rs 224.09 crore in Q2 September 2010 over Q2 September 2009. 

Gayatri Projects builds on new order win 29/12/2010

Shares of Maytas Infra surged 4.16% to Rs 185.10.
Gayatri Projects announced the new order win during trading hours today, 29 December 2010.
Meanwhile, the BSE Sensex was up 91.55 points, or 0.46%, to 20,116.97.
On BSE, 36,184 shares were traded in the counter compared with average volume of 28,698 shares over the past two weeks.
The stock hit a high of Rs 339 and a low of Rs 320.40 so far during the day.
Gayatri Projects net profit rose 6.7% to Rs 11.74 crore on 12% rise in net sales to Rs 280.48 crore in Q2 September 2010 over Q2 September 2009. 

Ambuja Cements allots equity shares 29/12/2010

The committee of Ambuja Cements in its meeting on 17 December 2010 has allotted 3,000 equity shares of face value of Rs. 2 each out of the shares kept in abeyance in the rights issue of 1992.
Further, the committee has allotted 11,77,200 equity shares on exercise of the stock options by the employees under ESOS. 

Opto Circuits (India) to announce Q3 results 29/12/2010

The board meeting of Opto Circuits (India) will be held on 18 January 2011 to consider the un-audited financial results of the company for the quarter ending 31 December 2010 (Q3).

KPIT Cummins spurts after bulk deal 29/12/2010

Meanwhile, the BSE Sensex was up 44.86 points, or 0.22% at 20,070.28
A bulk deal of 7.94 lakh shares was executed on the KPIT Cummins Infosystems stock at Rs 144.30 per share at 09:18 IST on the BSE.
On BSE, 9.44 lakh shares were traded in the counter. The stock hit a high of Rs 148.95 and a low of Rs 142.95 so far during the day.
KPIT Cummins Infosystems consolidated net profit rose 22.67% to Rs 23.75 crore on 13.98% increase in net sales to Rs 234.95 crore in Q2 September 2010 over Q1 June 2010. 

Tuesday, December 28, 2010

Surya Pharmaceutical acquires ActivOn 28/12/2010

Surya Pharmaceutical has acquired ActivOn, a leading OTC analgesic drug brand in the USA, with global marketing rights. The brand comes with the acquisition of Ameshire Investment Corp, USA through its 100% subsidiary based out of Singapore. The company has funded the investment of US$ 22 million through a mix of internal accrual and debt financing from EXIM Bank.
ActivOn is a leading OTC analgesic brand in the topical analgesic category in the US market, It is used to provide relief of joint and muscle pain associated with arthritis, backache, strains, bruises and sprains. Through the acquisition, the company also adds to its portfolio brands namely, Preferon, Firston and Renewin. The company would also have the global marketing rights for Headon another leading brand, except USA.
The company made this announcement during the trading hours today, 28 December 2010. 

Lanco Infratech gains on plans to hive off power business 28/12/2010

Meanwhile, the BSE Sensex was up 6.43 points, or 0.14%, to 20,035.36.
On BSE, 1.60 lakh shares were traded in the counter compared with the average volume of 6.54 lakh shares in past one quarter.
The stock hit a high of Rs 64.70 and a low of Rs 62.80 so far during the day. The stock had hit a 52-week high of Rs 74.70 on 24 August 2010 and a 52-week low of Rs 40.80 on 5 February 2010.
The large-cap stock had underperformed the market over the past one month till 27 December 2010, rising 1.72% compared with the Sensexs return of 4.66%. It had also underperformed the market in past one quarter, declining 9.06% as against 0.44% fall in the Sensex.
The company has an equity capital of Rs 240.78 crore. Face value per share is Re 1.
As per reports, Lanco Infratech has an operational power generation capacity of 2,100 megawatts (MW) under eight special purpose vehicles (SPVs). It plans to raise its capacity to 4000 MW by 2011 and subsequently to 15000 MW by 2015, reports added.
Lanco Infratech is primarily into power and road projects with the power business currently accounting for over half of the companys revenue.
Lanco Infratechs consolidated net profit declined 42.5% to Rs 70.45 crore on 6% rise in net sales to Rs 2041.74 crore in Q2 September 2010 over Q2 September 2009. 

Gujarat NRE Coke allots equity shares & warrants 28/12/2010

The committee of Gujarat NRE Coke in its meeting on 27 December 2010 has allotted 6 crore convertible warrants to promoters/ promoter group company on preferential/ private placement basis at Rs. 62.50 per share.
Further, the committee has allotted 1,02,525 equity shares of Rs. 10 each and 10,252 B equity shares of Rs. 10each (towards bonus) under Employee Stock Option Scheme, 2005.
Consequently, the paid-up capital of the company has increased from Rs. 557.86 crore to Rs. 557.97 crore.

BF Utilities extends gains on signing Rs 500-crore FDI for unit 28/12/2010

The announcement was made after market hours on Friday, 24 December 2010. Boosted by the announcement, the stock had jumped 7.65% to Rs 908.90 on Monday, 27 December 2010.
Meanwhile, the BSE Sensex was up 28.14 points, or 0.14%, to 20,057.07
On BSE, 2.92 lakh shares were traded in the counter as against an average daily volume of 1.68 lakh shares in the past one quarter.
The stock hit a high of Rs 940 and a low of Rs 906 so far during the day. The stock had hit a 52-week high of Rs 1431.80 on 7 January 2010 and a 52-week low of Rs 652 on 10 December 2010.
The mid-cap firm has an equity capital of Rs 18.83 crore. Face value per share is Rs 5.
On Friday, 24 December 2010, BF Utilities said the board of directors of the company and its subsidiary Nandi Economic Corridor Enterprises (NECE) have approved the proposal and signed definitive agreements for raising funds through a potential issue of equity shares and compulsory convertible preference shares for a minority stake in NECE.
The objective of the fund raising is to augment NECEs equity resources required for part financing the project cost for the implementation of phase I of the Bangalore Mysore Infrastructure Corridor Project, BF Utilities added.
BF Utilities net profit fell 19% to Rs 2.48 crore on 7.90% decline in net sales to Rs 8.59 crore in Q4 September 2010 over Q4 September 2009.

Tuesday, December 14, 2010

INDIAN ADRS UPDATE 14/12/2010

INFOSYS Up 0.69 (0.99%), WIPRO Down 0.13 (0.89%), ICICI BANK Up 0.25 (0.51%), HDFC BANK Down 0.85 (0.51%), MTNL Down 0.07 (2.83%)  

BANKNIFTY FOR SUPPORT 14/12/2010

BANKNIFTY (2nd Resistance) 11794.97
(1st Resistance) 11683.23
Pivot point 11488.27
(1st Support) 11376.53
(2nd support) 11181.57

NIFTY FOR SUPPORT 14/12/2010

NIFTY (2nd Resistance) 6093.15
(1st Resistance) 6013.05
Pivot point 5904.9
(1st Support) 5824.8
(2nd support) 5716.65

Thursday, November 25, 2010

BUY MUNDRAPOR 25/11/2010

BUY MUNDRAPOR(532921) : 142.50-163 STOP-LOSS:138 TARGET:150-TGT2:154.40  FOR 6-7 DAY CALL FOR POSITIONAL  

Monday, November 22, 2010

BANKNIFTY FOR SUPPORT 22/11/2010

BANKNIFTY (2nd Resistance) 12515.67
(1st Resistance) 12301.18
Pivot point 12160.87
(1st Support) 11946.38
(2nd support) 11806.07

NIFTY FOR SUPPORT 22/11/2010

NIFTY (2nd Resistance) 6074.02
(1st Resistance) 5982.08
Pivot point 5921.07
(1st Support) 5829.13
(2nd support) 5768.12

Friday, November 19, 2010

BANKNIFTY FOR SUPPORT 19/11/2010

BANKNIFTY (2nd Resistance) 12953.78
(1st Resistance) 12664.57
Pivot point 12377.78
(1st Support) 12088.57
(2nd support) 11801.78

NIFTY FOR SUPPORT 19/11/2010

NIFTY (2nd Resistance) 6136.3
(1st Resistance) 6083.95
Pivot point 6004.65
(1st Support) 5952.3
(2nd support) 5873

Thursday, November 18, 2010

BANKNIFTY FOR SUPPORT 18/11/2010

BANKNIFTY (2nd Resistance) 12999.35
(1st Resistance) 12774.2
Pivot point 12614.85
(1st Support) 12389.7
(2nd support) 12230.35

NIFTY FOR SUPPORT 18/11/2010

NIFTY (2nd Resistance) 6193.48
(1st Resistance) 6094.22
Pivot point 6034.73
(1st Support) 5935.47
(2nd support) 5875.98

Wednesday, November 10, 2010

BANKNIFTY FOR SUPPORT 10/11/2010

BANKNIFTY (2nd Resistance) 13380
(1st Resistance) 13286.55
Pivot point 13141.55
(1st Support) 13048.1
(2nd support) 12903.1

NIFTY FOR SUPPORT 10/11/2010

NIFTY (2nd Resistance) 6399.45
(1st Resistance) 6366.45
Pivot point 6314
(1st Support) 6281
(2nd support) 6228.55

NIFTY FOR SUPPORT 10/11/2010

NIFTY (2nd Resistance) 6399.45
(1st Resistance) 6366.45
Pivot point 6314
(1st Support) 6281
(2nd support) 6228.55

Wednesday, November 3, 2010

Forthcoming Quarterly Results 03/11/2010

GAIL
MTNL
CESC
GTL
OBC
AUROBINDO
LAKSHIVILAS BANK
FIRST LEASING
SHASUNCHEM
SURYAPHAMA
SUND CLAYTON
KEC INTL
CLEOD RUSSEL
VESUVIOUS
TTK HEALTH

Friday, October 29, 2010

Forthcoming Quarterly Results 29/10/2010

ABB
BALLARPUR
BHEL
BLUESTAR
FEDBK
GHCL
GESHIP
HEROHONDA
HCC
IOB
ITC
JETAIR
NEROLAC
M&M
NAGFERT
NESTLE
NIRMA
WELCORP
UCOBK
TATACHEM  
SYND BK

NIFTY FOR SUPPORT 29/10/2010

NIFTY (2nd Resistance) 6112
(1st Resistance) 6050
Pivot point 6009
(1st Support) 5947
(2nd support) 5906

Wednesday, October 27, 2010

BANKNIFTY FOR SUPPORT 27/10/2010

BANKNIFTY (2nd Resistance) 12549.25
(1st Resistance) 12473.5
Pivot point 12424.25
(1st Support) 12348.5
(2nd support) 12299.25

NIFTY FOR SUPPORT 27/10/2010

NIFTY (2nd Resistance) 6161.42
(1st Resistance) 6134.83
Pivot point 6114.42
(1st Support) 6087.83
(2nd support) 6067.42

Monday, October 25, 2010

BANKNIFTY FOR SUPPORT 25/10/2010

BANKNIFTY (2nd Resistance) 12638.3
(1st Resistance) 12531.3
Pivot point 12430.9
(1st Support) 12323.9
(2nd support) 12223.5

NIFTY FOR SUPPORT 25/10/2010

NIFTY (2nd Resistance) 6191.52
(1st Resistance) 6140.63
Pivot point 6099.12
Pivot point 6048.23
(2nd support) 6006.72

Friday, October 22, 2010

BANKNIFTY FOR SUPPORT 22/10/2010

BANKNIFTY (2nd Resistance) 12734.12
(1st Resistance) 12620.23
Pivot point 12426.12
(1st Support) 12312.23
(2nd support) 12118.12

NIFTY FOR SUPPORT 22/10/2010

NIFTY (2nd Resistance) 6244.32
(1st Resistance) 6189.73
Pivot point 6097.42
Pivot point 6042.83
(2nd support) 5950.52

Wednesday, October 6, 2010

BANKNIFTY FOR SUPPORT 06/10/2010

BANKNIFTY (2nd Resistance) 12797.18
(1st Resistance) 12726.37
Pivot point 12677.18
(1st Support) 12606.37
(2nd support) 12557.18

NIFTY FOR SUPPORT 06/10/2010

NIFTY (2nd Resistance) 6248.15
(1st Resistance) 6215.5
Pivot point 6192.15
(1st Support) 6159.5
(2nd support) 6136.15

Tuesday, October 5, 2010

BANKNIFTY FOR SUPPORT 05/10/2010

BANKNIFTY (2nd Resistance) 12860.68
(1st Resistance) 12779.97
Pivot point 12707.23
(1st Support) 12626.52
(2nd support) 12553.78

NIFTY FOR SUPPORT 05/10/2010

NIFTY (2nd Resistance) 6275.77
(1st Resistance) 6230.63
Pivot point 6202.87
(1st Support) 6157.73
(2nd support) 6129.97

Monday, October 4, 2010

BANKNIFTY FOR SUPPORT 04/10/2010

BANKNIFTY (2nd Resistance) 12778.53
(1st Resistance) 12687.52
Pivot point 12528.78
(1st Support) 12437.77
(2nd support) 12279.03

NIFTY FOR SUPPORT 04/10/2010

NIFTY (2nd Resistance) 6270.7
(1st Resistance) 6223.5
Pivot point 6136.75
(1st Support) 6089.55
(2nd support) 6002.8

Friday, October 1, 2010

BANKNIFTY FOR SUPPORT 01/10/2010

BANKNIFTY (2nd Resistance) 12401.38
(1st Resistance) 12332.77
Pivot point 12291.38
(1st Support) 12222.77
(2nd support) 12181.38

NIFTY FOR SUPPORT 01/10/2010

 NIFTY (2nd Resistance) 6106.73
(1st Resistance) 6053.57
Pivot point 6021.83
(1st Support) 5968.67
(2nd support) 5936.93

Thursday, September 23, 2010

BUY LITL 23/09/2010

BUY LITL :67.50-68.50 STOP-LOSS 66 TARGET1: 71 TARGET2 : 72.50 FOR 3-4 DAYS CALL POSITIONAL







BANKNIFTY FOR SUPPORT 23/09/2010

BANKNIFTY (2nd Resistance) 12457.43
(1st Resistance) 12384.57
Pivot point 12265.78
(1st Support) 12192.92
(2nd support) 12074.13

NIFTY FOR SUPPORT 23/09/2010

 NIFTY (2nd Resistance) 6096.02
(1st Resistance) 6049.08
Pivot point 6001.07
(1st Support) 5954.13
(2nd support) 5906.12

Wednesday, September 22, 2010

BANKNIFTY FOR SUPPORT 22/09/2010

BANKNIFTY (2nd Resistance) 12423.67
(1st Resistance) 12332.33
Pivot point 12256.67
(1st Support) 12165.33
(2nd support) 12089.67

NIFTY FOR SUPPORT 22/09/2010

 NIFTY (2nd Resistance) 6083.72
(1st Resistance) 6047.68
Pivot point 6009.97
(1st Support) 5973.93
(2nd support) 5936.22

Tuesday, September 21, 2010

BANKNIFTY FOR SUPPORT 21/09/2010

BANKNIFTY (2nd Resistance) 12459.22
(1st Resistance) 12363.33
Pivot point 12215.72
(1st Support) 12119.83
(2nd support) 11972.22

NIFTY FOR SUPPORT 21/09/2010

NIFTY (2nd Resistance) 6072.7
(1st Resistance) 6033.4
Pivot point 5966.7
(1st Support) 5927.4
(2nd support) 5860.7

Wednesday, September 8, 2010

BANKNIFTY FOR SUPPORT 08/09/2010

BANKNIFTY (2nd Resistance) 11264.7
(1st Resistance) 11209.4
Pivot point 11169.7
(1st Support) 11114.4
(2nd support) 11074.7

NIFTY FOR SUPPORT 08/09/2010

NIFTY (2nd Resistance) 5632.92
(1st Resistance) 5612.28
Pivot point 5592.17
(1st Support) 5571.53
(2nd support) 5551.42

Monday, September 6, 2010

BUY UNITECH 06/09/2010

BUY UNITECH  :82.30-82.60 STOP-LOSS : 81.50 TARGET1:83.50 TARGET2:84 CALL FOR INTRADAY  TARGET

BUY ACKRUTI 06/09/2010

BUY ACKRUTI  :537-539 STOP-LOSS : 532.50 TARGET1:543 TARGET2:548 CALL FOR INTRADAY  TARGET

BUY ROLTA 06/09/2010

BUY ROLTA: 164.50-165 STOP-LOSS:161.90 TARGET:173-TGT2:86.70  FOR 2-4 DAY CALL FOR POSITIONAL  

FII Data 06/09/2010

FII Data: Net Index Futures (+89.13 cr), Net Stock Futures (+ 323.04 crs), Derivative Market: Total Open Interest (Rs 168133 cr), Stock Futures Open Interest (Rs 46737 cr

Global Markets update 06/09/2010

DJIA Up 127.83 (1.24%) NSDQ Up 33.74(1.53%) FTSE 100 +57.11 (1.06%) Asian Markets as on 8.30 AM  NIKKEI +138.49 (1.52%) HANG SENG +256.49 (1.25%) SGX NIFTY 29.50

BANKNIFTY FOR SUPPORT 06/09/2010

BANKNIFTY (2nd Resistance) 11044.57
(1st Resistance) 11011.13
Pivot point 10965.57
(1st Support) 10932.13
(2nd support) 10886.57

NIFTY FOR SUPPORT 06/09/2010

 NIFTY (2nd Resistance) 5514.33
(1st Resistance) 5499.62
Pivot point 5485.33
(1st Support) 5470.62
(2nd support) 5456.33

Friday, September 3, 2010

BANKNIFTY FOR SUPPORT 03/09/2010

BANKNIFTY (2nd Resistance) 11021.48
(1st Resistance) 10992.17
Pivot point 10959.58
(1st Support) 10930.27
(2nd support) 10897.68

NIFTY FOR SUPPORT 03/09/2010

NIFTY (2nd Resistance) 5525.08
(1st Resistance) 5507.47
Pivot point 5492.28
(1st Support) 5474.67
(2nd support) 5459.48

Wednesday, September 1, 2010

BANKNIFTY FOR SUPPORT 01/09/2010

BANKNIFTY (2nd Resistance) 10840.88
(1st Resistance) 10790.82
Pivot point 10716.93
(1st Support) 10666.87
(2nd support) 10592.98

NIFTY FOR SUPPORT 01/09/2010

NIFTY (2nd Resistance) 5448.97
(1st Resistance) 5426.33
Pivot point 5391.17
(1st Support) 5368.53
(2nd support) 5333.37

Monday, August 30, 2010

BANKNIFTY FOR SUPPORT 30/08/2010

BANKNIFTY (2nd Resistance) 11093.87
(1st Resistance) 10917.78
Pivot point 10808.92
(1st Support) 10632.83
(2nd support) 10523.97

NIFTY FOR SUPPORT 30/08/2010

NIFTY (2nd Resistance) 5526.42
(1st Resistance) 5471.08
Pivot point 5434.57
(1st Support) 5379.23
(2nd support) 5342.72

Thursday, August 26, 2010

BANKNIFTY FOR SUPPORT 28/08/2010

BANKNIFTY (2nd Resistance) 11071.63
(1st Resistance) 11009.37
Pivot point 10967.73
(1st Support) 10905.47
(2nd support) 10863.83

NIFTY FOR SUPPORT 26/08/2010

NIFTY (2nd Resistance) 5519.95
(1st Resistance) 5494.9
Pivot point 5477.95
(1st Support) 5452.9
(2nd support) 5435.95

Wednesday, August 11, 2010

SELL NIFTY 11/08/2010

INTRADAY CALL SELL NIFTY  5450-5455 STOP-LOSS 5465 TARGET1 5423 TARGET2 5404

BANKNIFTY FOR SUPPORT 11/08/2010

BANKNIFTY Support 1 10411.1
Support 1 10444.7
Pivot Point 10484.85
Resistance 1 10518.45
Resistance 2 10558.6

NIFTY FOR SUPPORT 11/08/2010

NIFTY Support 1 5423.92
Support 1 5442.43
Pivot Point 5458.62
Resistance 1 5477.13
Resistance 2 5493.32

Tuesday, August 10, 2010

Quarterly Results 10/08/2010

Amtek Auto Results
Borosil Glass Results
DEN Networks Results
Educomp Results
Great Offshore Results
Hindustan Motors Results
IVRCL Infra Results
Jai Corp Results
Micro Tech Results
Motherson Sumi Results
Nagarjuna Construction Results
Pentamedia Graphics Results
Piramal Health Results
Rashtriya Chemicals Results
Rolta India Results
Tata Motors Results

Friday, August 6, 2010

BUY RANBAXY 06/08/2010

BUY RANBAXY: 452-453 STOP-LOSS:450.40 TARGET:458 CALL FOR INTRADAY 
 

BANKNIFTY FOR SUPPORT 06/08/2010

BANKNIFTY (2nd Resistance) 10528.9
(1st Resistance) 10486.7
Pivot point 10456.5
(1st Support) 10414.3
(2nd support) 10384.1

NIFTY FOR SUPPORT 06/08/2010

NIFTY (2nd Resistance) 5494.78
(1st Resistance) 5476.17
Pivot point 5464.73
(1st Support) 5446.12
(2nd support) 5434.68

BUY PANTALOON RETAIL

BUY PANTALOON RETAIL: 474-473 STOP-LOSS:464.40 TGT1:496 TGT2:503 70  FOR 6-7 DAY CALL FOR POSITIONAL  

Quarterly Results 06/08/2010

ABC Bearings Results
Bharat Fertilizer Results
Edserv Software Results
Empee Dist Results
Entertainment Network Results
Fortis Health Results
Gammon Infra Results
HMT Results
ICSA India Results
Indswift Results
Megasoft Results
Petron Engineering Results
Power Grid Corp Results
Prakash Inds Results
Rain Commodities Results

Thursday, August 5, 2010

BTST ABGSHIP 05/08/2010

BUY BTST CALL  ABGSHIP: 258-260 STOP-LOSS:255 TGT1:272.40  TGT2: 275.10

BUY HIND PETRO 05/08/2010

BUY HIND PETRO : 445-443 STOP-LOSS:438.60 TARGET:454.15 CALL FOR INTRADAY 
 

BUY UNITECH 05/08/2010

BUY UNITECH : 83.75 STOP-LOSS:82.75 TGT:85.30 -TGT2:87.70  FOR 2-3 DAY CALL FOR POSITIONAL

BUY RAYMOND 05/08/2010

BUY RAYMOND: 236.55-235.40 STOP-LOSS:229.15 TGT:255 -TGT2:258.20  FOR 6-7 DAY CALL FOR POSITIONAL 

BUY LITL 05/08/2010

BUY LITL: 69-70 STOP-LOSS:68.10 TGT:72.40 CALL FOR INTRADAY

BUY INDIACEM 05/08/2010

BUY INDIACEM : 103-104  STOP-LOSS: 99 TGT1: 112-TGT2: 115.10 FOR 3-4 DAY POSITIONAL CALL

BUY NAGARCONST 05/08/2010

BUY NAGARCONST  173-175 STOP-LOSS 169 TGT1: 187-TGT2: 190.55 FOR 3-4 DAY POSITIONAL CALL

Quarterly Results 05/08/2010


Anant Raj Inds Results
Ansal Housing Results
Aurobindo Pharma Results
BAG Films Results
Dredging Corp Results
Essar Ship Ports Results
Galaxy Entertainment Results
Garware Polyester Results
Gujarat Industries Power Results
Man Infra Results
Oracle Financials Results
Varun Shipping Results                                                         

Tuesday, August 3, 2010

BUY BTST RPOWER 03/08/2010

BUY BTST RPOWER  158-159 SL 156.20 TGT 163

Quarterly Results 03/08/2010


Aplab Results                                                             
Crew Bos Results
Fedders Lloyd Results
Godawari Power Results
Hindalco Inds Results
Infinite Comp Sol Results
NDTV Results
NESCO Results
Plethico Pharma Results
Punj Lloyd Results
Shiv Vani Oil Results
Swaraj Engines Results
Welspun India Results

Monday, August 2, 2010

BUY BTST ONGC 02/08/2010

BUY BTST ONGC   1278.00 – 1275.00, STOPLOSS  1255, TARGET  1315.00

BUY BHEL 02/08/2010

BUY BHEL  2465 SL 2455 Target1 2478 Target2 2482 small Qty

BANKNIFTY FOR SUPPORT 02/08/2010

                                                            BANKNIFTY (2nd Resistance) 10238.38
(1st Resistance) 10182.42
Pivot point 10138.83
(1st Support) 10082.87
(2nd support) 10039.28

NIFTY FOR SUPPORT 02/08/2010

NIFTY (2nd Resistance) 5437.23
(1st Resistance) 5405.77
Pivot point 5387.43
(1st Support) 5355.97
(2nd support) 5337.63

BUY DLF 02/08/2010

BUY INTRADAY DLF 304-305 SL 300.25 TGT1: 309.40 TGT2: 312.60

Friday, July 30, 2010

BANKNIFTY FOR SUPPORT 23/07/2010

BANKNIFTY (2nd Resistance) 10247.62
(1st Resistance) 10196.23
Pivot point 10110.62
(1st Support) 10059.23
(2nd support) 9973.62

NIFTY FOR SUPPORT 30/07/2010



NIFTY (2nd Resistance) 5449.1
(1st Resistance) 5435.4
Pivot point 5413.3
(1st Support) 5399.6
(2nd support) 5377.5

BUY TATACHEM 30/07/2010


BUY TATACHEM 333-332 Stop loss  325 TGT1:  346 TGT2: 355 FOR4-5 DAYS POSITIONAL

Quarterly Results 30/07/2010


Events for the day
ABB Results
Aditya Birla Nuvo Results
Alembic Results
Andhra Cements Results
BGR Energy Results
Bharat Electricals Results
BPCL Results
DB Corp Results
Edelweiss Capital Results
Elecon Engeering Results
Emami Results
Gujarat Alkalies Results
Hinduja Ventures Results
Hindustan Construction Company Results
India Infoline Results
Indian Hotels Results
Inox Leisure Results
Kansai Nerolac Results
Karnataka Bank Results
KEC Intl Results
Max India Results
Mirc Elect Results
Morepen Lab Results
Pentamedia Grap Results
PVR Results
Raymond Results
REI Agro Results
RNRL Results
Raymond Results
Reliance Power Results
Shipping Corp Results
Tata Chemicals Results
Torrent Pharma Results
Voltamp Trans Results

Thursday, July 29, 2010

BUY NAGARFERT 29/07/2010



BUY NAGARFERT  31 SL 29.TGT1: 33 TGT2: 34.40 DELIVERY CUM INTRADAY


BUY APOLLOTYER 29/07/2010

BUY APOLLOTYRE 60 -60.50 SL 57.30 TGT1 64.20 TGT2  67.80 FOR 4-5 DAY

BUY BATA INDIA 29/07/2010

Buy Bata India  289.00 - 287.00 Stop-loss  278.30 Tgt: 316.00 for 6 - 8 Days 

SELL AXISBANK 29/07/2010

Intraday call sell AXISBANK below 1344 Stop loss @ 1353 TGT 1322 than 1303

Quarterly Results 29/07/2010




Aban Offshore  
Alok Industries
Amara Raja
Apollo Tyres,
Bank of Maharashtra
Bata India
Berger Paints
BOB
Central Bank
Federal Bank
GHCL
Great Eastern
Shipping
GSPC
HCL Tech
HDIL
Hero Honda
Hexaware Tech
IPCA Lab
J B Chemicals
Kalpataru Power
MPS Ltd
Nagarjuna Fertilizers
National Fertilizers
NHPC
Novartis India
ONGC
Oriental Bank of Commerce
Petronet LNG
SAIL
Siemens
Tata Teleservices
TATAGLOBAL
Tube Investments
Ultratech Cement

Wednesday, July 28, 2010

BUY ESSAROIL 28/07/2010

BUY ESSAROIL 130-131 STOP-LOSS 127.10 TGT 1 134.30 TGT 2 138.75 FOR 2 DAY

Tuesday, July 27, 2010

BUY RELINFRA 27/07/2010

BUY RELINFRA 1142-1143 SL 1130 TGT 1151/1159

BANKNIFTY FOR SUPPORT 27/07/2010

BANKNIFTY (2nd Resistance) 10162.17
(1st Resistance) 10085.63
Pivot point 10033.47
(1st Support) 9956.93
(2nd support) 9904.77

NIFTY FOR SUPPORT 27/07/2010

NIFTY (2nd Resistance) 5481.02
(1st Resistance) 5451.78
Pivot point 5434.32
(1st Support) 5405.08
(2nd support) 5387.62

Quarterly Results 27/07/2010

3i Infotech Results
Ashok Leyland Results
Asian Hotels Results
Asian Paints Results
Astrazeneca Pharma India Results
Binani Cement Results
Blue Dart Results
Cadila Health Results
Cairn India Results
Ceat Results
Elder Pharma Results
Glenmark Pharma Results
Godrej Industries Results
Greenply Industries Results
GTL Results
HCL Technologies Results
HUL Results
IRB Infra Results
JK Lakshmi Cement Results
JSW Steel Results
Jubilant Organosys Results
L&T Results
Oil India Results
Patni Computers Results
RIL Results
Spicejet Results
Titan Industries Results

Friday, July 23, 2010

BANKNIFTY FOR SUPPORT 23/07/2010

BANKNIFTY (2nd Resistance) 10196.2
(1st Resistance) 10134.4
Pivot point 10023.2
(1st Support) 9961.4
(2nd support) 9850.2

NIFTY FOR SUPPORT 23/07/2010

NIFTY (2nd Resistance) 5513.13
(1st Resistance) 5483.37
Pivot point 5429.23
(1st Support) 5399.47
(2nd support) 5345.33

Thursday, July 22, 2010

BUY GESHIP 22/07/2010

BUY  GESHIP CMP 305 STOP LOSS 276 TARGET1  283-289  FOR 3-5 WEEK

BUY ACC 22/07/2010

BUY  ACC CMP812-815 STOP LOSS795 TARGET1  850 TARGET2  871 FOR 6-9 WEEK

BANKNIFTY FOR SUPPORT 22/07/2010

BANKNIFTY (2nd Resistance) 10056.85
(1st Resistance) 10018.9
Pivot point 9967
(1st Support) 9929.05
(2nd support) 9877.15

NIFTY FOR SUPPORT 22/07/2010

 NIFTY (2nd Resistance) 5432.4
(1st Resistance) 5418.1
Pivot point 5397.6
(1st Support) 5383.3
(2nd support) 5362.8

Tuesday, July 20, 2010

BANKNIFTY FOR SUPPORT 20/07/2010

BANKNIFTY (2nd Resistance) 10119.05
(1st Resistance) 10063.4
Pivot point 10002.75
(1st Support) 9947.1
(2nd support) 9886.45

BANKNIFTY FOR SUPPORT 20/07/2010

BANKNIFTY (2nd Resistance) 10119.05
(1st Resistance) 10063.4
Pivot point 10002.75
(1st Support) 9947.1
(2nd support) 9886.45

NIFTY FOR SUPPORT 20/07/2010

NIFTY (2nd Resistance) 5436.27
(1st Resistance) 5410.53
Pivot point 5389.77
(1st Support) 5364.03
(2nd support) 5343.27

Monday, July 19, 2010

BUY HCLTECH 19/07/2010

Buy HCLTECH 374.00 - 373.50 Stop-Loss 370.80 Tgt 382.00

Buy Neyveli Lignite 19/07/2010

Buy Neyveli Lignite 162.00-161.00 Stop-loss 157.75 Tgt: 173.00 7-8 Days

BUY JK LAKSHMI CEMENT 19/07/2010

BUY JK LAKSHMI CEMENT CMP 70-71 STOP-LOSS 65.40 TARGET1 79.80 TARGET2 84.50 FOR 3-4 WEEK





BUY ALEMBIC LTD 19/07/2010

BUY ALEMBIC LTD CMP 60-61 STOP-LOSS 55.70 TARGET1 65 TARGET2 74.40 FOR 3-4 WEEK

BANKNIFTY FOR SUPPORT 19/07/2010

BANKNIFTY (2nd Resistance) 10066.95
(1st Resistance) 10028.9
Pivot point 9968.95
(1st Support) 9930.9
(2nd support) 9870.95

NIFTY FOR SUPPORT 19/07/2010

NIFTY (2nd Resistance) 5424.55
(1st Resistance) 5411.4
Pivot point 5391.65
(1st Support) 5378.5
(2nd support) 5358.75

MARKET OPENED 19/07/2010

We maintain our view that the indices are likely to test 18500 – 18700 / 5500 – 5570 levels based on “Flag
pattern” breakout on the Daily chart. The said pattern would only negate once indices trade below, 17335 / 5200
levels.
Hence, we reiterate our view that traders can hold on to their long positions as long as Nifty holds 5200 level.

Saturday, July 17, 2010

Quarterly Results 17/07/2010


Godrej Prop
INDIAN MET
Ishita Drugs
Canara Bank
Dev Credit Bank
Dynemic Prod
Key Corp
Reliance Indl Infra
Sandu Pharma
Shiva Cement
Sir Shadi Lal
Srinivasa Hatch
Sterlite Tech
Vardhman Tex

Friday, July 16, 2010

BUY PFC 16/07/2010

BUY PFC CMP 313-314 STOP-LOSS 308 TARGET 323

Quarterly Results 16/07/2010

Honeywell Auto
Karuturi Global
Nava Bharat Ventures
State Bank Travancore
Supreme Industries
Zydus Wellness

BANKNIFTY FOR SUPPORT 16/07/2010

BANKNIFTY (2nd Resistance) 10038.3
(1st Resistance) 9983.7
Pivot point 9924.3
(1st Support) 9869.7
(2nd support) 9810.3

NIFTY FOR SUPPORT 16/07/2010

NIFTY (2nd Resistance) 5429.03
(1st Resistance) 5405.32
Pivot point 5383.78
(1st Support) 5360.07
(2nd support) 5338.53

Thursday, July 15, 2010

BUY APOLLOTYER

BUY APOLLOTYER CMP64.50-65 STOP-LOSS 62.35  TARGET1 67.55 TARGET2 69.40 FOR 3-4 DAY

BUY SESAGOA

BUY SESAGOA CMP 341-342 STOP-LOSS 332  TARGET1 361 TARGET2 376 FOR 3-4 DAY

Buy Skumars Nationwide 15/07/2010

6 - 8 Days Buy Skumars Nationwide    77.00  -  76.00  Stop-loss    73.75 Tgt: 86.00

Buy Nifty 15/07/2010

Buy Nifty July futs.  5392.00 - 5382.00  Stop-Loss  5372.30  Tgt 5420.00

BUY EDUCOMP 15/07/2010

BUY EDUCOMP 611.00 - 610.00 Stop-Loss 599.80 Tgt 623.00

BUY HAVELLS 15/07/2010

Call for Day traders BUY HAVELLS 656.00 - 655.00 Stop-Loss 651.00 Tgt 670.00

BUY RECLTD 15/07/2010

Call for Day traders BUY RECLTD 301.20 - 300.25 Stop-Loss 298.65 Tgt 307.50

BANKNIFTY FOR SUPPORT 15/07/2010

BANKNIFTY (2nd Resistance) 10076.4
(1st Resistance) 10003.8
Pivot point 9952.4
(1st Support) 9879.8
(2nd support) 9828.4

NIFTYFOR SUPPORT 15/07/2010

NIFTY (2nd Resistance) 5483.52
(1st Resistance) 5435.98
Pivot point 5406.12
(1st Support) 5358.58
(2nd support) 5328.72

Quarterly Results 15/07/2010

Axis Bank Quarterly Results
Castrol India Quarterly Results
Colgate Quarterly Results
IL & FS Investment Quarterly Results
LIC Housing Finance Quarterly Results
Polaris Quarterly Results
TCS Quarterly Results
UTV Software Quarterly Results
Zensar Technology Quarterly Results

Wednesday, July 14, 2010

BUY PNB 14/07/2010

We have observed strong buildup in PNB before
4-5 trading sessions and stock is moving around
those levels. We expect a positive move in the
counter up-to Rs1085. Therefore, traders can trade
with positive bias in the stock with the stop loss of
Rs1045.

MARKET OPENED 14/07/2010

Markets opened on a flat note and witnessed a minor correction in an early hour of trade but recovered lost
ground to close in the positive territory. On the daily chart , we are observing that markets are hovering near the
resistance of 18000 / 5400 levels. We maintain our view that once indices convincingly trade and close above
18000 / 5400 levels then they are likely to test the higher levels of 5450 – 5475 / 18120 - 18200 in coming trading
sessions. On the downside,5360 – 5335 / 17890 - 17800 levels may act as support for the day.

BUY PATNI 14/07/2010

Significant short positions exist in PATNI and the
stock is showing strong support around Rs505-510.
Positive move of Rs550 cannot be ruled out.
Positional traders can form long around 510-515,
with the stop loss of Rs500.

Monday, July 12, 2010

BUY DENA BANK 12/07/2010

Pick Of The Season : Dena Bank 93.45 Buy, Technical Tgt 106, 4-6weeks, Fundamental Tgt 115

Friday, July 9, 2010

BUY EDUCOMP 09/07/2010

ntraday call Buy EDUCOMP  540 stop loss 533.90 target1-  554 target2- 558

BUYORBITCORP 09/07/2010

Call for Day traders  BUY ORBITCORP  138.00 - 137.50 Stop-Loss  136.40  Tgt 142.00

BUY ESSAROIL 09/07/2010

INTRADAY BUY ESSAROIL CMP 141.60  STOP LOSS 138.90   TARGET1-143.20, TARGET2-145

BUY SUNPHARMA 09/07/2010

INTRADAY BUY SUNPHARMA  CMP 1766  STOP LOSS 1752   TARGET1-1781, TARGET2-1797

BUY RELINFRA 09/07/2010

INTRADAY BUY RELINFRA CMP 1187  STOP LOSS 1181   TARGET1-1212, TARGET2-1223

BUY MRPL 09/07/2010

Call for Day traders BUY MRPL  85.40 - 85.30 Stop-Loss  84.65  Tgt 87.50

Thursday, July 8, 2010

BUY GODREJ IND

 6 - 8 Days Buy Godrej Ind  174.00 - 172.00 Stop-loss  168.20 Tgt: 189.0 0

BUY HINDMATORS

BUY HINDMOTORS  24 - 23.85 stop loss  22.65 target  27.10-27.80

BUY IBREALEST 08/07/2010

8-10 Days Position call BUY IBREALEST @ 159.50-157.50 stop loss @ 153.75 target @ 174

BUY APOLLOTYER 08/07/2010

4-5 days positional call BUY APOLLOTYRE  68-66.50 stop loss  63.50 target1  75.35 target2 79.40

BUY STER 08/07/2010

BUY STER  164-163 Stop loss  160.90 target1  170.90 target2 173.65

BUY HINDALCO 08/07/2010

BUY HINDALCO  141-143 Stop loss  135 Target  155-157  TARGET FOR 2-3 DAY

BANKNIFTY FOR SUPPORT 08/07/2010

BANKNIFTY (2nd Resistance) 9582.93
(1st Resistance) 9518.67
Pivot point 9475.73
(1st Support) 9411.47
(2nd support) 9368.53

NIFTY FOR SUPPORT 08/07/2010

NIFTY (2nd Resistance) 5310.03
(1st Resistance) 5278.87
Pivot point 5257.23
(1st Support) 5226.07
(2nd support) 5204.43

Wednesday, July 7, 2010

BUY PUNJLLOYD 07/07/2010

BUY PUNJLLOYD @ 137.50 - 137.75 STOP LOSS 134.90 TRG 141.50 - 143

BUY HDIL07/07/2010

 2-3 days call BUY HDIL @ 241-243 Stop loss @ 235 Target @ 257-260

BUY INDIAINFO

 Intraday call Buy INDIAINFO @ 93.93.50 Stop loss @ 91 Target @ 100-101

BANKNIFTY FOR SUPPORT 07/07/2010

BANKNIFTY (2nd Resistance) 9709.57
(1st Resistance) 9639.63
Pivot point 9512.07
(1st Support) 9442.13
(2nd support) 9314.57

NIFTY FOR SUPPORT 07/07/2010

NIFTY (2nd Resistance) 5365.43
(1st Resistance) 5336.17
Pivot point 5284.63
(1st Support) 5255.37
(2nd support) 5203.83

NIFTY FOR SUPPORT 07/07/2010

NIFTY (2nd Resistance) 5365.43
(1st Resistance) 5336.17
Pivot point 5284.63
(1st Support) 5255.37
(2nd support) 5203.83

Tuesday, July 6, 2010

BUY CENTURY TEXT 06/07/2010

BUY CENTURY TEXT  463.00 - 461.00 Stop-Loss  459.30 Tgt 470.00

BANKNIFTY FOR SUPPORT 06/07/2010

BANKNIFTY (2nd Resistance) 9616.87
(1st Resistance) 9509.73
Pivot point 9392.87
(1st Support) 9285.73
(2nd support) 9168.87

NIFTY FOR SUPPORT 06/07/2010

NIFTY (2nd Resistance) 5279.97
(1st Resistance) 5264.53
Pivot point 5249.47
(1st Support) 5234.03
(2nd support) 5218.97

Monday, July 5, 2010

BUY JETAIRWAYS 05/07/2010

BUY JETAIRWAYS CMP 520 STOP-LOSS 501 TARGET 1-534 TARGET 2-548 FOR 4 DAY

pick of the week 4 buy tech mahindra

Pick of the Week 4 : Buy Tech Mahindra  at CMP of Rs.755 with short term technical target of Rs. 885 and long term fundamental target of Rs. 974

SELL ABAN 05/07/2010

 Sell ABAN  816.50 - 817.50 Stop-Loss  822.00  Tgt 803.00

NIFTY FOR SUPPORT 05/07/2010

NIFTY (2nd Resistance) 5303.35
(1st Resistance) 5277.1
Pivot point 5258.55
(1st Support) 5232.3
(2nd support) 5213.75

Friday, July 2, 2010

BUY RCF 02/07/2010

Positional call Buy RCF  87-86.80 Stop loss  84.30 target  97-97.50 (time 2-3 weeks)

BUY ICICIBANK 02/07/2010

Intraday call Buy ICICIBANK  845-846 Stop loss  839.50 target  858-860

BUY TULIP 02/07/2010

 Intraday call Buy TULIP  892-895 Stop loss  886.50 Target  930

BANKNIFTY FOR SUPPORT 02/07/2010

BANKNIFTY (2nd Resistance) 9492.33
(1st Resistance) 9427.67
Pivot point 9374.33
(1st Support) 9309.67
(2nd support) 9256.33

NIFTY FOR SUPPORT 02/07/2010

NIFTY (2nd Resistance) 5298.77
(1st Resistance) 5278.53
Pivot point 5254.77
(1st Support) 5234.53
(2nd support) 5210.77

Thursday, July 1, 2010

BANKNIFTY FOR SUPPORT 01/07/2010

BANKNIFTY (2nd Resistance) 9635.68
(1st Resistance) 9562.47
Pivot point 9436.78
(1st Support) 9363.57
(2nd support) 9237.88

NIFTY FOR SUPPORT 01/07/2010

NIFTY (2nd Resistance) 5386.02
(1st Resistance) 5351.13
Pivot point 5288.12
(1st Support) 5253.23
(2nd support) 5190.22

Global Markets 01/07/2010

DOW9774(-96)NASDEQ2109(-25)S&P1030(-10)SGX (-58)HSG(-119)NIKI(-182)KOSPI(-30)STRAITS(-16)SHANGHAI(-5)FII(+589)DII(-151)

Wednesday, June 30, 2010

BANKNIFTY FOR SUPPORT 30/06/2010

BANKNIFTY (2nd Resistance) 9588.27
(1st Resistance) 9494.08
Pivot point 9424.82
(1st Support) 9330.63
(2nd support) 9261.37

NIFTY FOR SUPPORT 30/06/2010

NIFTY (2nd Resistance) 5359.15
(1st Resistance) 5312.8
Pivot point 5276.45
(1st Support) 5230.1
(2nd support) 5193.75

Tuesday, June 29, 2010

BUY STOCK ,SELL STOCK 29/06/2010

Balramchin

Buy Level  : 87.2 Target : 88.1-89.0-90.6 SL : 86.15
Sell Level : 85.0 Target : 84.1-83.2-81.6 SL : 86.15

Bajajhind:

Buy Level  : 121.35 Target : 122.65-123.95-126.05 SL : 119.9
Sell Level : 118.45 Target : 117.15-115.85-113.75 SL : 119.9

NIFTY BUY & SELL 29/06/2010

Nifty

Buy Level  : 5350 Target : 5351-5369-5386 SL : 5338
Sell Level : 5326 Target : 5316-5306-5289 SL : 5338

BANKNIFTY FOR SUPPORT 29/06/2010

BANKNIFTY (2nd Resistance) 9627.72
(1st Resistance) 9590.48
Pivot point 9527.77
(1st Support) 9490.53
(2nd support) 9427.82

NIFTY FOR SUPPORT 29/06/2010

NIFTY (2nd Resistance) 5378.88
(1st Resistance) 5359.42
Pivot point 5325.53
(1st Support) 5306.07
(2nd support) 5272.18

Global Markets 29/06/2010

 DOW10138(-5)NASDEQ2220(-2)S&P1074(-2)SGX (-13)HSG(-211)NIKI(+55)KOSPI(+1)STRAITS(-2)SHANGHAI(-10)FII(+792)DII(-94)

Monday, June 28, 2010

NIFTY BUY & SELL 28/06/2010

Buy Level  : 5307 Target : 5327-5348-5382 SL : 5283.6
Sell Level : 5260 Target : 5238-5217-5186 SL : 5283.6

BANKNIFTY FOR SUPPORT 28/06/2010

BANKNIFTY (2nd Resistance) 9722.37
(1st Resistance) 9603.88
Pivot point 9531.62
(1st Support) 9413.13
(2nd support) 9340.87

NIFTY FOR SUPPORT 28/06/2010

NIFTY (2nd Resistance) 5357.83
(1st Resistance) 5320.77
Pivot point 5296.88
(1st Support) 5259.82
(2nd support) 5235.93

Thursday, June 24, 2010

Global Markets 24/06/2010

DOW10298(+4)NASDEQ2254(-7)S&P1092(-3)SG-13)HANGSANG(-52)NIKKI(+16)STRAITS(-1)KOSPI(+5)SHANGHAI(-3)FII(+265)DII(-866)

Wednesday, June 23, 2010

BUY & SELL STOCK 23/06/2010

Sesagoa

Buy Above  : 377.6 SL : 375.8 Tar : 379.0-380.6-383.1
Sell Below  : 374.0 SL : 375.8 Tar : 372.0-370.9-368.5

NIFTY BUY & SELL 23/06/2010

Nifty
Buy above  : 5333 SL: 5320 Tar : 5343-5453-5470
Sell Below : 5308 SL: 5320 Tar : 5287-5271-5243

BUY STOCK 23/06/2010

(1) Jyothi Structures (513250) :- CMP - 152, Technical Target Price - 175 and Fundamental Target Price - 215
(2) Anant Raj Industries (515055) : - CMP - 109, Technical Target Price - 135 and Fundamental Target Price - 178.

Tuesday, June 22, 2010

BANKNIFTY FOR SUPPORT 22/06/2010

BANKNIFTY (2nd Resistance) 9886
(1st Resistance) 9817.6
Pivot point 9711.3
(1st Support) 9642.9
(2nd support) 9536.6

NIFTY FOR SUPPORT 22/06/2010

NIFTY (2nd Resistance) 5411.75
(1st Resistance) 5384.7
Pivot point 5350.5
(1st Support) 5323.45
(2nd support) 5289.25

Friday, June 18, 2010

FII Data 18/06/2010

FIIs have net bought worth Rs 858.3 Cr and MFs have net sold worth Rs 148 Cr on 17.02.10 in Cash Segment

SELL IOB 18/06/2010

Sell  IOB  101.80 Stop loss  102.80 Target  98.65

BUY SESAGOA 18/06/2010

BUY SESAGOA  362.40-361 Stop loss  358 target1- 371target2-372

BANKNIFTY FOR SUPPORT 18/06/2010

BANKNIFTY (2nd Resistance) 9703.9
(1st Resistance) 9643.9
Pivot point 9536.95
(1st Support) 9476.95
(2nd support) 9370

NIFTY FOR SUPPORT 18/06/2010

NIFTY (2nd Resistance) 5353.6
(1st Resistance) 5319.2
Pivot point 5262.6
(1st Support) 5228.2
(2nd support) 5171.6

Thursday, June 17, 2010

NIFTY FOR SUPPORT 17/06/2010

NIFTY (2nd Resistance) 5267.42 
(1st Resistance) 5246.93
Pivot point 5228.97
(1st Support) 5208.48 
(2nd support) 5190.52

Wednesday, June 16, 2010

BANKNIFTY FOR SUPPORT 16/06/2010

BANKNIFTY (2nd Resistance) 9657.75
(1st Resistance) 9597.65
Pivot point 9498.9
(1st Support) 9438.8
(2nd support) 9340.05

NIFTY FOR SUPPORT 16/06/2010

NIFTY (2nd Resistance) 5289.77
(1st Resistance) 5262.03
Pivot point 5217.52
(1st Support) 5189.78
(2nd support) 5145.27

Tuesday, June 15, 2010

BANKNIFTY FOR SUPPORT 15/06/2010

BANKNIFTY (2nd Resistance) 9592.93
(1st Resistance) 9556.87
Pivot point 9493.43
(1st Support) 9457.37
(2nd support) 9393.93

NIFTY FOR SUPPORT 15/06/2010

NIFTY (2nd Resistance) 5254.77
(1st Resistance) 5229.78
Pivot point 5184.02
(1st Support) 5159.03
(2nd support) 5113.27

Global Markets 15/06/2010

DOW10190(-20)NASDEQ2243(+.36)S&P1089(1.97)SGX (+3)HANGSANG(+14)NIKKI(-17)KOSPI(+2)STRAITS(-1)FII(+349)DII(-41)

Monday, June 14, 2010

BUY DENABANK 14/06/2010

BUY DENA BANK CMP 92.30 STOP LOSS 91.60  TARGET94.50

BUY &SELL STOCK 14/06/10

1. Buy HDFC Bank above 1942 Stop-loss : 1927.9 Targets : 1968/1980
2. Buy Mphasis above 583 Stop-loss : 578 Targets : 593/598
3. Buy Siemens above 721 Stop-loss : 714 Targets : 733/738
4. Sell Hindustan Petroleum below 348 Stop-loss : 351.5 Targets : 341/338

Friday, June 11, 2010

BANKNIFTY FOR SUPPORT 11/06/2010

BANKNIFTY (2nd Resistance) 9475.92
(1st Resistance) 9403.73
Pivot point 9271.87
(1st Support) 9199.68
(2nd support) 9067.82

NIFTY FOR SUPPORT 11/06/2010

NIFTY (2nd Resistance) 5150.03
(1st Resistance) 5118.07
Pivot point 5061.53
(1st Support) 5029.57
(2nd support) 4973.03

Global Markets 11/06/2010

DOW10172(+273)NASDEQ2218(+59)S&P1086(+31)SGX (+38)HANGSANG(+280)NIKKI(+190)KOSPI(+15)STRAITS(+14)SHANGHAI(+21)FII(+244)DII(-105)

Thursday, June 10, 2010

BUY RPOWER 10/06/10

BUY RPOWER CMP155.50  STOP LOSS 152.50  TARGET
159.80

BUY &SELL STOCK 10/06/10

1. Buy PFC above 303 SL 299.90 TGT 309-311
2. Buy ACC above 853.20 SL 846.90 TGT 865-875
3. Sell Wipro below 625 SL 630.10 TGT 615-611
4. Sell Tata Motors below 730 SL 735.10 TGT 719-715

BANKNIFTY FOR SUPPORT 10/06/2010

BANKNIFTY (2nd Resistance) 9339.12
(1st Resistance) 9240.43
Pivot point 9150.22
(1st Support) 9051.53
(2nd support) 8961.32

NIFTY FOR SUPPORT 10/06/2010

NIFTY (2nd Resistance) 5098.87
(1st Resistance) 5044.63
Pivot point 4998.87
(1st Support) 4944.63
(2nd support) 4898.87

Tuesday, June 8, 2010

BUY EDUCOMP 08/06/2010

BUY EDUCOMP CMP 531.50 STOP LOSS  523 TARGET 555

MARKETS OPENED 08/06/2010

 Markets opened lower in the wake of extremely weak global cues and traded with negative bias throughout the
day to close in red. We maintain our view that till the higher bottom of 16550 / 4960 is intact, the markets have
fair chance of a bounce back. In the coming trading session if indices trade convincingly above 16817 / 5046
levels then it can test the 16871 – 16925 / 5060 – 5093 levels. On the downside 16700 – 16612 / 5000 – 4980 levels remains support for the day.

Stocks for Intraday

1. Buy Dena Bank above 93.50 SL 92.60 TGT 95.30-96.50

2. Buy REC Ltd above 279.20 SL 276.90 TGT 284-286
3. Sell Bharat Forge below 259 SL 261 TGT 255-253
4. Sell Tata Motors below 739 SL 744.50 TGT 729-725

Friday, June 4, 2010

SELL NIFTY 04/06/2010

SELL NIFTY @ 5080-5085 Stop loss @ 5102 Target @ 5040-5035

BANKNIFTY FOR SUPPORT 04/06/2010

BANKNIFTY (2nd Resistance) 9380.45
(1st Resistance) 9332.9
Pivot point 9251.45
(1st Support) 9203.9
(2nd support) 9122.45

NIFTY FOR SUPPORT 04/06/2010

NIFTY (2nd Resistance) 5136.02
(1st Resistance) 5115.98
Pivot point 5088.77
(1st Support) 5068.73
(2nd support) 5041.52

put options 04/06/2010

Yesterday, the 5000 and 5100 put options each
added around 35,000 contracts, which is
comparatively high. On the other hand, the 5200
and 5300 call options added considerable open
interest.

MARKETS OPENED 04/06/2010

if indices trade convincingly above 17073 / 5126 levels then indices are likely to test 17330 – 17390 /
5190 – 5220 levels. On the downside 16884 – 16826 / 5067 – 5048 levels may act support for the day.

Wednesday, June 2, 2010

MARKET ENDS 02.06.10

Our market ends a flat session of trade on a strong note following a last half an hour pull-back on the back of short covering. For most part of the day, the market however, traded within a narrow range. Sensex closed at 16774, up 201 points (provisional) and Nifty at 5027, up 57 points (provisional) from the previous close. CNX Midcap index was up 1% and BSE Smallcap index was up 0.8%. The market breadth was positive with advances at 835 against declines of 433 

Tuesday, June 1, 2010

MARKETS OPENED 01/06/2010

Markets opened on a flat note and traded with choppiness to close with marginal gains. After a continuous rally of
nearly 300 points in the past four sessions, the daily charts now indicate a candle stick pattern which resembles a
“Hanging man” formation. This indicates that if the low of the “Hanging man” i.e. 16806 / 5038 is broken, then we
may witness a fall up to 16600 – 16450 / 4980 – 4940 levels. On the upside, if indices convincingly trade above
17000 / 5100 level then it may test 17200 – 17300 / 5140 – 5165 levelsBookmark

BANKNIFTY FOR SUPPORT 01/06/2010

BANKNIFTY (2nd Resistance) 9340.5
(1st Resistance) 9297.2
Pivot point 9229.7
(1st Support) 9186.4
(2nd support) 9118.9

NIFTY FOR SUPPORT 01/06/2010

NIFTY (2nd Resistance) 5104.13
(1st Resistance) 5080.17
Pivot point 5047.73
(1st Support) 5023.77
(2nd support) 4991.33

Monday, May 31, 2010

BANKNIFTY FOR SUPPORT 31/05/2010

BANKNIFTY Support 1 9031.02
Support 1 9123.93
Pivot Point 9203.97
Resistance 1 9296.88
Resistance 2 9376.92

NIFTY FOR SUPPORT 31/05/2010

NIFTY Support 1 4971.9
Support 1 5006.45
Pivot Point 5030.55
Resistance 1 5065.1
Resistance 2 5089.2

Friday, May 28, 2010

MARKETS OPENED 28/05/2010

 For second consecutive trading session market witnessed a rally which led the indices to close on a positive note.
In the coming trading session the market may face stiff resistance at the levels of 16757 / 5030. If the market
convincingly trades above this level, we may see a further rally upto 16843 - 17000 / 5050 – 5090 levels. On the
downside 16507 – 16450 / 4952 – 4938 levels may act as a support for the day.

Thursday, May 27, 2010

BILPOWER LIMITED BUY 27/05/2010

BILPOWER LIMITED BUY ABOVE 177.35 SL 175.4 TGTS1 185 TGTS2190

BANKNIFTY FOR SUPPORT 27/05/2010

BANKNIFTY Support 1 8817.5
Support 1 8912.8
Pivot Point 9001.4
Resistance 1 9096.7
Resistance 2 9185.3

NIFTY FOR SUPPORT 27/05/2010

NIFTY Support 1 4828.82
Support 1 4872.93
Pivot Point 4898.97
Resistance 1 4943.08
Resistance 2 4969.12

PIRAMAL HEALTHCARE BUY 27/05/2010

PIRAMAL HEALTHCARE BUY 534 SL 525 TGTS1  545 TGTS2  556

MARKETS OPENED 27/05/2010

 Markets opened up with a gap and witnessed a sharp short covering rally which led the indices to close on a
strong note. On the daily charts, we have seen that prices have taken support on the lower trendline of the
channel and have bounced back. The trend still remains in lower top lower bottom cycle in daily charts but an
extended pull back up to 16551 to 16673 / 4962 to 4997 can be expected once indices trade above 16410 / 4926
levels. On the downside 16000 / 4800 remains crucial support level

Tuesday, May 25, 2010

BANKNIFTY FOR SUPPORT 25/05/2010

BANKNIFTY Support 1 8874.92
Support 1 8977.43
Pivot Point 9133.72
Resistance 1 9236.23
Resistance 2 9392.52

NIFTY FOR SUPPORT 25/05/2010

NIFTY Support 1 4842.42
Support 1 4886.73
Pivot Point 4954.87
Resistance 1 4999.18
Resistance 2 5067.32

Thursday, May 20, 2010

MARKETS OPENED 20/05/2010

Markets opened gap down and selling pressure intensified below 16680 / 4980 levels which dragged the indices
to close deep in red below the 200 day SMA. On the daily chart we are seeing a continuation of lower top lower
bottom formation which clearly indicates weakness. As mentioned in the previous daily report, we now expect
indices to test lower levels of 16200-16150 / 4850 – 4800 in the next few trading sessions. Since the hourly
charts are highly oversold a bounce up to 16540 – 16580 / 4972 – 4990 cannot be ruled out. Aggressive traders
may consider any weakness near these levels to go short for a target of 16200-16150 / 4850 – 4800 levels

Wednesday, May 19, 2010

BANKNIFTY FOR SUPPORT19/05/2010

BANKNIFTY Support 1 9345.12
Support 1 9419.73
Pivot Point 9499.87
Resistance 1 9574.48
Resistance 2 9654.62

NIFTY FOR SUPPORT 19/05/2010

NIFTY Support 1 4973.33
Support 1 5018.37
Pivot Point 5062.98
Resistance 1 5108.02
Resistance 2 5152.63

MARKETS OPENED 19/05/2010

Markets opened on a subdued note traded with enhanced choppiness to close marginally in green. On the daily
chart after a Hammer candlestick formation we are now witnessing a narrow range body which suggests
indecisiveness prevailing at current levels. In the coming trading session if indices trade convincingly above
17000 / 5105 levels then a bounce up to 17162 - 17250 / 5120 -5150 levels. We maintain our view that selling
pressure will intensify on any daily closing below 16684 / 4984 levels.

Tuesday, May 18, 2010

BANKNIFTY FOR SUPPORT 18/05/2010

BANKNIFTY Support 1 9203.1
Support 1 9365.4
Pivot Point 9460.5
Resistance 1 9622.8
Resistance 2 9717.9

NIFTY FOR SUPPORT 18/05/2010

NIFTY Support 1 4919.08
Support 1 4988.57
Pivot Point 5031.68
Resistance 1 5101.17
Resistance 2 5144.28

Friday, May 14, 2010

BANKNIFTY FOR SUPPORT 14/05/2010

BANKNIFTY (2nd Resistance) 9586.98
(1st Resistance) 9536.22
Pivot point 9493.23
(1st Support) 9442.47
(2nd support) 9399.48

NIFTY FOR SUPPORT 14/05/2010

NIFTY (2nd Resistance) 5318.67
(1st Resistance) 5290.13
Pivot point 5267.57
(1st Support) 5239.03
(2nd support) 5216.47

Wednesday, May 12, 2010

BUY CENTURYTEX 12/03/2010

Intraday call BUY CENTURYTEX @ 484-485 stop loss @ 482.50 target @ 496-497

BANKNIFTY FOR SUPPORT 12/05/2010

BANKNIFTY (2nd Resistance) 9795.07
(1st Resistance) 9704.63
Pivot point 9638.57
(1st Support) 9548.13
(2nd support) 9482.07

NIFTY FOR SUPPORT 12/05/2010

NIFTY (2nd Resistance) 5217.98
(1st Resistance) 5175.47
Pivot point 5148.73
(1st Support) 5106.22
(2nd support) 5079.48

Tuesday, May 11, 2010

BUY RAIN 11/03/2010

 Hot Shot Call Buy RAIN ABove 164 SL 160 Tgt 168 - 170

BANKNIFTY FOR SUPPORT 11/05/2010

BANKNIFTY (2nd Resistance) 9902.6
(1st Resistance) 9786.7
Pivot point 9574.1
(1st Support) 9458.2
(2nd support) 9245.6

NIFTY FOR SUPPORT 11/05/2010

NIFTY (2nd Resistance) 5291.15
(1st Resistance) 5245.7
Pivot point 5162.85
(1st Support) 5117.4
(2nd support) 5034.55

Friday, May 7, 2010

BANKNIFTY FOR SUPPORT 07/05/2010

BANKNIFTY (2nd Resistance) 9728.1
(1st Resistance) 9651.3
Pivot point 9543.2
(1st Support) 9466.4
(2nd support) 9358.3

NIFTY FOR SUPPORT 07/05/2010

NIFTY (2nd Resistance) 5165.05
(1st Resistance) 5126.1
Pivot point 5075.55
(1st Support) 5036.6
(2nd support) 4986.05

Thursday, May 6, 2010

BUY CANBK 06/05/10

mid-cap banking counters, CANBK is looking
weak up to Rs. 416-420. Positional traders can
trade form short positions, with the stop loss of
Rs.444.

BANKNIFTY FOR SUPPORT 06/05/2010

BANKNIFTY (2nd Resistance) 9737.53
(1st Resistance) 9660.82
Pivot point 9551.23
(1st Support) 9474.52
(2nd support) 9364.93

NIFTY FOR SUPPORT 06/05/2010

NIFTY (2nd Resistance) 5182.05
(1st Resistance) 5151.1
Pivot point 5102.05
(1st Support) 5071.1
(2nd support) 5022.05

Wednesday, May 5, 2010

BANKNIFTY FOR SUPPORT 05/05/2010

BANKNIFTY (2nd Resistance) 9905.18
(1st Resistance) 9762.62
Pivot point 9682.43
(1st Support) 9539.87
(2nd support) 9459.68