ANGEL STOCK MARKET: July 2010

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

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