Intraday Tips and Market outlook for 13th march.

US markets ended higher.
Europe ended marginally higher.
Asia has opended higher. Expect the Indian Markets to opwn positive with a gap up opening.
Inflation for the weekended comes to 2.43% which is seven years low. Is the figure inflated? God knows.
The support for the Sensex is 80470 and the resistance to the up move is at 8522-8676
Nifty: (2617) the support for the Nifty is at 2539 and the resistance to the up move is at 2677-2704

Day Trading ideas

SBI
Buy above 916 for targets of 921 and 928
Sell below 901 for targets of 896 and 884

LNT
Buy above 582 for targets of 588 and 596
Sell below 568 for targets of 560 and 554

Axis Bank
Buy above 312 for targets of 316 and 320
Sell below 300 for taregts of 296 and 292

Sterlite Industry
Buy above 268 for targets of 273 and 278
Sell below 252 for targets of 248 and 245

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Market outlook and Intraday tips for 21st Jan.

Its been one year since markets have fallen from its peak. Last year on 21st Jan we saw Indian markets saw a blood bath.
US markets plung badly.
Europe is marginally lower.
Asia has opened weak.
India is bonded to open negative.

The target for the Sensex is 8945 and the resistance to the up move is at 9528-9708

Nifty: (2797) the target for the Nifty is at 2686 and the resistance to the up move is at 2870-2922

Day trading ideas

HDIL

Buy above 106 for targets of 108 and 110

Sell below 102.25 for targets of 100 and 98.20

Power Grid

Buy above 88.10 for targets of 89.85 and 91.25

Sell below 84.20 for targets of 82.10 and 80.50

Educomp Solutions

Buy above 1978 for targets of 1985 and 1993

Sell below 1958 for targets of 1950 and 1940

Happy Investing.

Are u angry on Ramalinga Raju? Then hit him with a rotten egg on his face.

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Market outlook and Intraday tips for 19th Jan.

US markets ended positive on Friday.
Europe also ended positive.
Asia has opened positive.
I expect Indian Markets to open flat to positive.

The target for the Sensex is 9200 and the resistance to the up move is at 9528-9708

Nifty: (2828) the target for the Nifty is at 2740 and the resistance to the up move is at 2870-2922

Markets may not be able to sustain all its gains and may remain volatile.

Day Trading Ideas -

Unitech
Buy above 31.10 for targets of 31.90 and 32.50
Sell below 29.15 for targets of 28.60 and 28.10

Suzlon
Buy Above 52.15 for targets of 53.50 and 54.90
Sell below 49.50 for targets of 48.75 and 48.10

Infosys
Buy Above 1277 for targets of 1285 and 1293
Sell below 1257 for targets of 1250 and 1245

Sesa Goa
Buy above 78.50 for targets of 79.25 and 79.90
Sell below 75.45 for targets of 74.80 and 73.90

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Market outlook and intraday tips for 15th Jan.

US markets plunge.
Europe also was in red down over 4%.
Asia has opened weak.
India is bonded to open lower.

The target for the Sensex is 9250 and the resistance to the up move is at 9557-9731

Nifty: (2835) the target for the Nifty is at 2775 and the resistance to the up move is at 2882-2931

Day trading ideas.

IFCI

Buy above 20.90 for targets of 21.25 and 21.90

Sell below 19.80 for targets of 19 and 18.45

DLF

Buy above 215 for targets of 219 and 223

Sell below 205 for targets of 199 and 193

HDIL

Buy above 109 for targets of 112 and 115

Sell below 102 for targets of 98 and 93

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Market outlook and intraday tips for 14th Jan.

US markets ended mixed.

Europe ended marginally negative.

Asia opened flat but now has pulled back and is trading positive.

India is bonded to open flat or positive.

The target for the Sensex is 8947-8845 and the resistance to the up move is at 9575-9750

Nifty: (2769) the target for the Nifty is at 2685-2404 and the resistance to the up move is at 2812

Day trading ideas

TCS

Buy above 526 for targets of 530 and 534

Sell below 512 for targets of 509 and 505

Infosys

Buy above 1238 for targets of 1243 and 1249

Sell below 1208 for targets of 1201 and 1196

Tata Steel.

Buy above 206 for targets of 209 and 213

Sell below 199 for targets of 196 and 193

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Market outlook and intraday tips for 13th Jan.

US markets were down again yesterday.

Europe ended lower too.

Asia is bonded to open negative. We may see a negative opening in the Indian markets also.

NIFTY is technically oversold and is now in down trend for short term.

Do not initiate any fresh buys. Also don’t short much below 2700 as we can bounce back on short covering.

The support for the Sensex is 8947-8845 and the resistance to the up move is at 9575-9750

Nifty: (2773) the support for the Nifty is at 2685-2404 and the resistance to the up move is at 2812

Day trading ideas.

Unitech

Buy above 35.10 for targets of 36 and 37.10

Sell below 33.05 for targets of 32.50 and 31.70

Sesa Goa.

Buy above 77.50 for targets of 79.05 and 80.50

Sell below 74.10 for targets of 73.50 and 72.25

Rajesh Exports

Buy above 22 for targets of 22.70 and 23.25

Sell below 20.50 for targets of 20 and 19.45

HDIL

Buy above 102 for targets of 103.20 and 104.50

Sell below 98 for targets of 96.40 and 95.10

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Market outlook and intraday tips for 12th Jan.

US markets ended negative. US ended negative as the jobless data comes out to be the worst.

Europe ended marginally negative.

Asia has opened marginally lower.

Indian markets are bonded to open flat to negative.

If markets open higher of 100 odd points on NIFTY they are bonded to give up all its gains.

The support for the Sensex is 9100 and the resistance to the up move is at 9716

Nifty: (2873) the support for the Nifty is at 2800 and the resistance to the up move is at 3000

Day trading ideas.

Unitech

Buy above 36.95 for targets of 37.50 and 38.80

Sell below 33.25 for targets of 32.50 and 31.25

LNT

Buy above 728 for targets of 733 and 740

Sell below 712 for targets of 706 and 698

Punj Llyod

Buy above 119 for targets of 124 and 128

Sell below 111 for targets of 105 and 101

TCS

Buy above 541 for targets of 545 and 551

Sell below 532 for targets of 528 and 525

(We have our IIP data to release so be careful while trading in capital goods scrips.)

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Market outlook and intraday tips for 9th Jan.

US Markets ended mixed after a volatile start.

Europe ended marginally lower.

Asia is bonded to open flat to negative.

India is bonded to follow the same.

The support for the Sensex is 9100 and the resistance to the up move is at 10000

Nifty: (2920) the support for the Nifty is at 2800 and the resistance to the up move is at 3000

If markets open positive or up 300 odd points it is bonded to give up all its gain. If it opens week it can give a pull back or a short covering.

IFCI
Buy above 22.10 for targets of 22.90 and 23.50
Sell below 20.50 for targets of 19.80 and 19.10

Infosys tech.
Buy above 1197 for targets of 1209 and 1218
Sell below 1171 for targets of 1165 and 1160

Unitech
Buy above 37.50 for targets of 38.20 and 39.25
Sell below 34.10 for targets of 33.50 and 32.60

DLF
Buy above 242 for targets of 246 and 251
Sell below 231 for targets of 228 and 225

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Market outlook and intraday tips for 8th Jan.

Satyam’s fraud was the reason the market tank yesterday. Satyams ADR opened down 91%.

US markets ended lower on an average of 3%. Europe also ended lower.

Asia has opened negative.

India is bond to open negative. The trend in NIFTY is broken and one can see markets giving up gains.

I see a minor correction in NIFTY.

Now a support for Sensex is 8900 and resistance for up move at 10150.

And support for NIFTY is at 2740 and resistance for up move at 3125.



Day trading ideas.



IFCI

Buy above 22.10 for targets of 22.90 and 23.50

Sell below 20.50 for targets of 19.80 and 19.10



Infosys tech.

Buy above 1197 for targets of 1209 and 1218

Sell below 1171 for targets of 1165 and 1160



Unitech

Buy above 37.50 for targets of 38.20 and 39.25

Sell below 34.10 for targets of 33.50 and 32.60



DLF

Buy above 242 for targets of 246 and 251

Sell below 231 for targets of 228 and 225

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Market outlook and intraday tips for 7th Jan.

US markets ended mixed after a volatile secession.

Europe ended marginally higher.

Asia is trading higher.

Expect Indian markets to open a higher note.

The support for the Sensex is 10190 and the resistance to the up move is at 10708

Nifty: (3113) the support for the Nifty is at 3100 and the resistance to the up move is at 3240

Day trading ideas –

TCS

Buy above 513 for targets of 518 and 524

Sell below 501 for targets of 496 and 490

Unitech

Buy above 46.90 for targets of 47.80 and 48.90

Sell below 43.20 for targets of 42.50 and 41.85

Satyam

Buy above 183 for targets of 186 and 189

Sell below 176 for targets of 173 and 171

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Market outlook and intraday tips for 6th Jan.

US markets ended marginally lower.

Europe ended flat. Asia is bonded to open flat or mixed.

Indian markets are bonded to open flat to negative.

Markets are well above 10250.

Crude is almost at 48$ a barrel.

The support for the Sensex is 10190 and the resistance to the up move is at 10324-10708

Nifty: (3121) the support for the Nifty is at 3100 and the resistance to the up move is at 3240

Day trading ideas –

Mundra Port

Buy above 394 for targets of 402 and 408

Sell below 381 for targets of 375 and 370

IFCI

Buy above 27.10 for targets of 27.95 and 28.65

Sell below 25.10 for targets of 24.50 and 23.90

Jai Corp

Buy above 89.10 for targets of 90.15 and 91.25

Sell below 85.25 for targets of 84.50 and 83.70

India Infoline

Buy above 67.50 for targets of 68.45 and 69.80

Sell below 64.25 for targets of 63.45 and 62.25

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Market outlook and intraday tips for 5th Jan.

US markets rallied on 2^nd Jan. Europe also rallied.

Asia has opened strong. I expect Indian Markets to open positive. Markets are bonded to test 10200 on Sensex.

A smart pullback is expected.

Don’t carry any longs.

Trade minimal. Markets may give up all its gains in the later hours.

Support for Sensex is at 9650 and resistance for up move is at 10350 and 10600.

Support for NIFTY is at 2850 and resistance for up move is at 3125 and 3250.

Day trading ideas.

Suzlon

Buy above 66.45 for targets of 67.90 and 69.20

Sell below 62.10 for targets of 61.05 and 60.15

LNT

Buy above 831 for targets of 836 and 842

Sell below 810 for targets of 806 and 798

RNRL

Buy above 62.10 for targets of 63.25 and 64.50

Sell below 59.20 for targets of 58.50 and 57.25

Satyam

Buy above 179.85 for targets of 183 and 186

Sell below 175 for targets of 172 and 169

Unitech

Buy above 47.45 for targets of 48.90 and 49.65

Sell below 43.10 for targets of 42.05 and 41.10

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Market outlook and intraday tips for 2nd Jan.

US Markets were closed yesterday.

Asian Markets are trading higher.

Indian markets are now bonded to open positive.

The support for the Sensex is 9925-9750-9715 and the resistance to the up move is at 9990-10324

Nifty: (3035) the support for the Nifty is at 3000 and the resistance to the up move is at 3075-3113

Yesterday we bounced back and if we cross 10200 we may see 10650 in near term.

Day trading ideas.

Unitech

Buy above 46.50 for targets of 47.50 and 48.90

Sell below 42.25 for targets of 41.20 and 40.40

Satyam

Buy above 188 for targets of 192 and 198

Sell below 174 for targets of 170 and 164

Wipro

Buy above 252 for targets of 255 and 259

Sell below 243 for targets of 240 and 238

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Market outlook and intraday tips for 1st Jan.

Hello people. Wishing you all a Happy 2009.

US Markets ended higher.

Europe ended marginally higher.

Most Asian Markets are closed on account of New Year.

Indian markets are now bonded to open positive.

We will surely have a good start in the beginning of the year.

The support for the Sensex is 9495 and the resistance to the up move is at 9675-9990

Nifty: (2959) the support for the Nifty is at 2900 and the resistance to the up move is at 3035

Day trading ideas.

Punj Llyod.

Buy above 150 for targets of 153 and 155.50

Sell below 143 for targets of 140 and 138

Satyam

Buy above 172.50 for targets of 175 and 178

Sell below 162 for targets of 159 and 156

ICICI Bank

Buy above 451 for targets of 455 and 459

Sell below 435 for targets of 430 and 428

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Market outlook and intraday tips for 31st Dec.

US markets have ended higher after the news came out that FED is buying out mortgage backed securities.

Europe ended a higher note.

Indian markets will have a gap up opening.

The support for the Sensex is 9495 and the resistance to the up move is at 9875-9990

Nifty: (2980) the support for the Nifty is at 2900 and the resistance to the up move is at 3035

If we open too higher we will face a stiff resistance above 10115.

If we have a huge gap up be prepared to slowly give up all its gains.

Day Trading Ideas

Satyam

Buy above 164 for targets of 169 and 174

Sell below 149 for targets of 146 and 143

Sesa Goa

Buy above 87 for targets of 88.90 and 90.15

Sell below 83 for targets of 81.50 and 80.10

RNRL

Buy above 58.50 for targets of 59.20 and 60.25

Sell below 54.25 for targets of 52.25 and 51.20

Happy Investing!

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Happy New Year in Advance.

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Market outlook and intraday tips for 30th Dec.

US and European markets ended marginally lower.

Europe ended a higher note.

Asia is boned to open flat to positive.

We may see a flat opening.

NIFTY is strong above 2932.

Crude crosses 40 $ mark on Middle East tension.

The support for the Sensex is 8564 and the resistance to the up move is at 9690

Nifty: (2857) the support for the Nifty is at 2654 and the resistance to the up move is at 2960

If we open higher 100 points on NIFTY we are bonded to give up all gain in the later session. If we open flat and are able to sustain 2932 and above we will see a pull back in the later session.

Day Trading ideas.

IDFC

Buy above 67.25 for targets of 68.75 and 71.25

Sell below 63.50 for targets of 61.20 and 60.10

Satyam Computers.

Buy above 152 for targets of 156 and 161

Sell below 142 for targets of 138 and 135

SAIL

Buy above 79.75 for targets of 81.25 and 83.50

Sell below 74.20 for targets of 72.10 and 70.50

Hindalco

Buy above 50.10 for targets of 51.90 and 53.10

Sell below 48.20 for targets of 47.25 and 46.10

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