Intraday Tips and Market Outlook for 27th August.

State of Markets abroad :
US markets ended flat.
Europe ended in red.
Asia has opened negative.
Expect the Indian Markets to open flat to positive.

The crucial support for the Sensex is 15700-15690 and the resistance is at 15783-15904
Nifty: (4681) the crucial support for the Nifty is at 4660 and resistance is at 4700-4790

Day Trading Ideas :

RNRL : Buy above 90 for targets of 91.25 and 92.50. SL of 88.45

HDIL : Buy above 310 for targets of 315 and 319. SL of 305

Gujarat NRE Coke : Buy above 56 for targets of 57.10 and 58.25. SL of 55.10
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Intraday Tips and Market outlook for 25th Aug.

State of Markets abroad :
US markets ended mixed.
Europe ended in green.
Asia has opened and trading in red.
Expect a gap down opening.
The logical target for the Sensex is 15500-15314 and the resistance is at 15783-15904
Nifty: (4643) the logical target for the Nifty is at 4600 and resistance is at 4700-4790

Day Trading Ideas :

Praj Ind : Buy above 94 for targets of 95.10 and 96.05. SL of 93.10

IndusInd Bank : Buy above 101 for targets of 102.10 and 103.05. SL of 99.90

HDIL : Buy above 297 for targets of 300 and 305. SL of 291

Happy Investing!

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Intraday Tips and Market outlook for 12th August.

US markets ended lower.
Europe also ended in red.
Asia has opened negative.
Expect the Indian Markets to open flat to negative.

NIFTY Current Spot : 4471.35
Support : 4409.9 & 4348.45
Resistance : 4521.8 & 4572.25

Day Trading ideas :

GVK Power & Infra : Buy above 47.10 for targets of 48.45 and 49.10. SL of 45.90

HDIL : Buy above 262 for targets of 265 and 269. SL of 258

Adlabs : Buy above 319 for targets of 325 and 331. SL of 315

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Intraday Tips and Market outlook for 6th August.

US markets ended negative.
Europe also ended in red.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.
NIFTY : 4694
NIFTY Support : 4643.55 and 4593.10
NIFTY Resistance : 4730 and 4767.7

Day Trading Ideas :

REC : Buy above 198.10 for targets of 199.45 and 200.10. SL of 197.25

Adlabs : Buy above 352 for targets of 355 and 358.25. SL of 349

HDIL : Buy above 274 for targets of 277 and 280. SL of 271

Happy Investing !

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Intraday Tips and Market outlook for 3rd August.

US markets end flat.
Europe ended in red with minor losses.
Asia has opened flat to positive.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 15000 and the resistance to the up move is at 16046
Nifty: (4636) the support for the Nifty is at 4557 and the resistance to the up move is at 4700-4789

Day Trading Ideas :

RNRL : Buy above 84 for targets of 85.50 and 87.10. SL of 82.25

IFCI : Buy above 51.85 for targets of 52.10 and 53.15. SL of 50.20

HDIL : Buy above 280 for targets of 285 and 289. SL of 274

REC : Buy above 205 for targets of 208 and 210. SL of 202

NTPC : Buy above 217 for targets of 219 and 222. SL of 214.85

Happy Investing !

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Accumulate HDIL, target of Rs 280 says Prabhudas Lilladher

Prabhudas Lilladher has maintained its accumulate rating on Housing Development and Infrastructure (HDIL) with a target of Rs 280 in its July 29, 2009 research report.

"HDIL reported revenues to the tune of Rs 2,954 million, a decline of 48% YoY. Revenues were largely led by sales of TDRs. The company sold 1.8 million TDRs during the quarter at an average rate of Rs 1,500/sq.ft. HDIL generated approximately 2 million sq.ft of TDRs during the quarter and currently has 0.5 million sq.ft of TDRs in its inventory. The company reported strong EBITDA margins of 83% due to the large proportion of TDR sales which led to profits increasing by 73.6% QoQ. We have estimated HDIL’s NAV at Rs 312/share. We are valuing the company at 10% discount to NAV which translates to Rs 280. We maintain ‘Accumulate’ rating on the stock," says Prabhudas Lilladher's research report.

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Intraday Tips and Market Outlook for July 31st.

US markets ended higher.
Europe also ended higher.
Asia is trading and opened in positive.
Expect the Indian Markets to open positive.
The support for the Sensex is 15000 and the resistance to the up move is at 15600-16046
Nifty: (4571) the support for the Nifty is at 4500 and the resistance to the up move is at 4700-4789

Day Trading Ideas :

RNRL :Buy above 85.90 for targets of 86.50 and 87.85. SL of 84.25

LNT : Buy above 1490 for targets of 1510 and 1525. SL of 1475

IFCI : Buy above 51.25 for targets of 52.2 and 53.1. SL of 50.40

Jai Corp :Buy above 231 for targets of 233 and 235. SL of 228

HDIL :Buy above 280 for targets of 285 and 291. SL of 276

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Intraday Tips and Market outlook for July 30th

US markets ended flat.
European markets ended higher.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.
Today we have F&O expiry (Role Over) so expect volatility.
The support for the Sensex is 15280-15100 and the resistance to the up move is at 15600-16046
Nifty: (4513) the support for the Nifty is at 4490-4450 and the resistance to the up move is at 4585-4620-4689

Day Trading Ideas :

RIL : Buy above 1950 for targets of 1965 and 1985. SL of 1940

HDIL : Buy above 268 for targets of 272 and 278. SL of 265

Adlabs : Buy above 262 for targets of 268 and 274. SL of 258

NTPC :Buy above 215 for targets of 218 and 221. SL of 211

Happy Investing !

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HDIL Q1 results

The Company has posted a net profit of Rs 1074.70 million for the quarter ended June 30, 2009 as compared to Rs 3179.40 million for the quarter ended June 30, 2008. Total Income has decreased from Rs 6011.30 million for the quarter ended June 30, 2008 to Rs 3186.20 million for the quarter ended June 30, 2009.

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Buy HDIL for target of Rs 250: Religare

Buy HDIL for target of Rs 250: Religare
Religare Securities has advised traders to buy HDIL for target of Rs
250.“Buy HDIL at Rs 235 with stoploss of Rs 230 for target of Rs 250,” the report said.
Source : Economic Times

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Intraday Tips and Market outlook for 17th July

US markets ended higher.
Europe ended in green.
Asia has opened positive.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 14170 and the resistance to the up move is at 14381-14548
Nifty: (4231) the support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315

Day Trading Ideas :

REC : Buy above 175.25 for targets of 177.40 and 179.95. SL of 173.10

NTPC : Buy above 206 for targets of 207 and 209. SL of 204.50

Adlabs : Buy above 335 for taregts of 342 and 350. SL of 329

HDIL : Buy above 221 for targets of 225 and 229. SL of 218

Happy Investing !

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Intraday Tips and market outlook for 14th July

US markets ended higher.
Europe ended higher.
Asia has opened a higher note.
Expect the Indian Markets to open higher too.

The support for the Sensex is 12715-12600 and the resistance to the up move is at 13700-13937
Nifty: (3974) the support for the Nifty is at 3870 and the resistance to the up move is at 4040


Day Trading ideas :

HCL Tech : Buy above 183.10 for targets of 185 and 187. SL of 181.45

HDIL : Buy above 191 for targets of 193 and 196. SL of 188

LNT : Buy above 138 for targets of 145 and 158. SL of 131

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Market outlook and intraday tips for 1st July

US markets ended lower.
Europe ended lower.
Asia has opened lower but now trading in green.
Expect the Indian Markets to open flat to positive.

The support for the Sensex is 14200 and the resistance to the up move is at 14809-14800
Nifty: (4291) the support for the Nifty is at 4210-3820 and the resistance to the up move is at 4380

Day Trading Ideas :

RPower : Buy above 169 for targets of 172 and 173.50. Keep a SL of 166

Suzlon Energy : Buy above 104 for targets of 105.25 and 106.10. Keep a SL of 103.10

HDIL : Buy above 235 for targets of 238 and 241. Keep a SL of 231

Happy Investing !

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Weekly news letter and stock ideas for short term

What we saw on the Indian Stock Markets last week :
Indian Economy is now in Deflation.
Bad global cues which affected the Indian Sentiments.
Budget talks.
Entry load on MF scraped off.

Sectors to watch out for :

• FMCG
• Telecom
• Infra
• Fertilizer

Stocks to watch out for :

• HCC (99.30) : Buy above 101 for targets of 105 and 109. Keep a SL of 96
• Shree Renuka (134.10) : Buy above 138 for targets of 144 and 147. Keep a SL of 131
• HDIL (228.20) : Buy above 231 for targets of 234 and 239. Keep a SL of 225

NIFTY Weekly Technical analysis.

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Intraday Tips and Market outlook for 5th June

US markets ended higher.
Europe ended flat.
Asia is trading positive.
Expect the Indian markets to have a gap up opening.

NIFTY Support and Resistance :
Current spot - 4572.65
Support - 4489.9 and 4407.3
Resistance - 4618.65 and 4664.8

Day Trading Ideas :

IDBI Bank : Buy above 100.45 for targets of 101.60 and 102.50 keep a SL of 98.50

HDIL : Buy above 325 for targets of 328 and 331 keep a SL of 320

DLF : Buy above 419 for targets of 422 and 425 keep a SL of 415

IFCI : Buy above 57.25 for targets of 58.10 and 58.90 keep a SL of 56.80

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Intraday Tips and Market outlook for 3rd June.

State of global markets :
US markets ended flat.
Europe ended mixed.
Asia has opened flat to positive.
Expect the Indian Markets to open flat to positive.

NIFTY Levels :
Spot - 4525.25
Support -4455.5 and 4385.85
Resistance - 4590.55 and 4656

Day Trading Ideas :

Cairn India : Buy above 270 for targets of 273 and 275. Keep a SL of 264

HDIL : Buy above 308 for targets of 311 and 314. Keep a SL of 302

RNRL : Buy above 87.10 for targets of 88.25 and 89.10. Keep a SL of 85.45

Happy Investing !

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Buy HDIL; target of Rs 365: PINC Research

PINC Research has recommended a buy rating on Housing Development and Infrastructure, (HDIL) with a price target of Rs 365 in its report dated May 25, 2009.

"Housing Development & Infrastructure Ltd's (HDIL) Q4FY09 results were below our expectations. Its revenues declined 63.3% YoY to Rs 3.6 billion owing to a slowdown in the Mumbai property market. OPM for the period dipped by 3,158bps YoY to 57% owing to higher cost of construction & development (38% of net sales) incurred towards ongoing projects. Despite other income of Rs 309 million, net profits dropped by 91.3% YoY to Rs 619 million impacted by interest cost of Rs 1.4 billion."

"We have estimated the NAV of HDIL's projects (ongoing & proposed), including the SEZ land at Vasai/Virar at Rs 338/share. The airport project is expected to add another Rs 150/share, taking the company's total NAV to Rs 487/share. Considering an up-tick in buyers' response to its new offerings, infusion of equity, easing interest & debt repayment woes and an expected revival in the TDR market over the next few months, we upgrade our recommendation to 'BUY' on the stock, target Rs 365," says PINC's research report.
Source - Money Control

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Market tips and Predection for 27th May.

Yesterday we saw Indian Markets witnessing profit booking because of which we ended in deep red.
US markets ended positive.
Europe also ended positive.
Asia is trading positive.
Expect the Indian Markets to have a gap up opening.
The support for the Sensex is 13278-12889 and the resistance to the up move is at 13820
Nifty: (4117) the support for the Nifty is at 4022-3907 and the resistance to the up move is at 4205

Day Trading Ideas :

IFCI Buy above 45.80 for targets of 46.50 and 47.25 with SL of 43.

HDIL Buy above 268 for targets of 274 and 278 with SL of 260.

LNT Buy above 1261 for targets of 1270 and 1728 with SL of 1249

Happy Investing !

Give feed Back about Indian Money Plus at indianmoneyplus [at] gmail [dot] com

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Intraday tips and market outlook for 26th May.

US markets ended flat.
Europe ended mixed.
Asia had opened flat and now is in negative zone.
Expect a flat top gap down opening on the Indian Markets.
The support for the Sensex is 13611 and the resistance to the up move is at 14215-14452 Nifty: (4238) the support for the Nifty is at 4155 and the resistance to the up move is at 4350-4650

Day Trading Ideas :

RNRL - Buy above 83.25 for targets of 84.45 and SL of 82.10

DLF - Buy above 355 for target of 362 and SL of 345

HCC - Buy above 107.45 for targets of 109.10 and SL of 105.25

HDIL - Sell below 289 for targets of 286 and 284 with SL of 293

Happy Investing !

Did you know the recent stock market rally has created 123 Billionaires ?

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Intraday tips and market outlook for 25th May.

US markets ended flat.
Europe ended positive.
Asia has opened mixed.
Expect the Indian markets to open flat to positive.
The support for the Sensex is 13611 and the resistance to the up move is at 14215-14452
Nifty: (4239) the support for the Nifty is at 4155 and the resistance to the up move is at 4350-4650


Day Trading Ideas :

SCI
Buy above 131 for targets of 135 and 138 with SL of 127
Sell below 125 for targets of 122 and 119 with SL of 127

HDIL
Buy above 309 for targets of 313 and 317 with SL of 303
Sell below 301 for targets of 296 and 291 with SL of 304

LNT
Buy above 1312 for targets of 1318 and 1329 with SL of 1303
Sell below 1301 for targets of 1290 and 1282 with SL of 1306

Happy Investing!

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