Intraday Tips and Market outlook for 13th of May.

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

NIFTY magic levels
Current Spot - 3681.1
Support - 3646.20 and 3610
Resistance - 3704 and 3734

Day trading ideas -

Suzlon
Buy above 81.50 for targets of 83.10 and 84.25
Sell below 76.50 for targets of 75.40 and 74.65

GMR Infra
Buy above 117 for targets of 118 and 119
Sell below 111 for targets of 109 and 108

SBI
Buy above 1306 for targets of 1311 and 1318
Sell below 1280 for targets of 1272 and 1265

RPL
Buy above 122.10 for targets of 123.40 and 124
Sell below 118 for targets of 116 and 114.50

Happy Investing!

Guys please comment on this issue!

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Intraday Tips and Market outlook for 29 th of April.

US markets ended flat.
Europe ended in deep red.
Asia has opened mixed.
Expect Indian Markets to open flat to positive.
The support for the Sensex is 10739-10506 and the resistance to the up move is at 11200
Nifty: (3362) the support for the Nifty is at 3302-3238 and the resistance to the up move is at 3440
Due to Rollover today we may witness high volatility.

Day Trading Ideas

SBI
Buy above 1260 for targets of 1275 and 1295
Sell below 1235 for targets of 1225 and 1215

Unitech
Buy above 43.50 for targets of 44.25 and 45.60
Sell below 41.10 for targets of 40.50 and 40.10

RNRL
Buy above 56.10 for targets of 57.25 and 58.10
Sell below 53.10 for targets of 52.40 and 51.90

Suzlon
Buy above 62.25 for targets of 63.50 and 64.25
Sell below 60.25 for targets of 59.10 and 58.50

Happy Investing !

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Intraday Tips and Market outlook for 27th March.

US markets rallied once againg.
Europe was trading flat.
Asia has opened mixed.
Expect Indian Markets to open flat to negative.
A range bounded mode expected.
Inflation at 30 years low at 0.27%.

The support for the Sensex is 9740 and the resistance to the up move is at 10201

Nifty: (3082) the support for the Nifty is at 3040 and the resistance to the up move is at 3142-3184

Day Trading Ideas -

SBI
Buy above 1095 for targets of 1115 and 1132
Sell below 1062 for targets of 1050 and 1040

TCS
Buy above 563 for targets of 568 and 572
Sell below 545 for targets of 540 and 533

Wipro
Buy above 262 for targets of 266 and 271
Sell below 245 for targets of 240 and 234

NIFTY Autogenerated Technical Analysis

What do you think who will win the General Elections ? Cast your vote here.

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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 25th Feb.

US markets opened flat but later rallied.
Europe ended in negative.
Asia is expected to open positive.
Expect Indian markets to open in the same manner flat to negative.

The support for the Sensex is 8630 and the resistance to the up move is at 9030-9157

Nifty: (2736) the support for the Nifty is at 2685 and the resistance to the up move is at 2789-2824

Day Trading Ideas

TCS

Buy above 471 for target's of 476 and 482

Sell below 461 for target's of 457 and 451

Infosys Technology

Buy above 1191 for target's of 1198 and 1207

Sell below 1171 for targets of 1164 and 1158

SBI

Buy above 1036 for targets of 1042 and 1048

Sell below 1020 for targets of 1012 and 1008

Happy Investing !

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Market outlook and Intraday tips for 24th Feb.

US markets crack badly.
Europe ended marginally lower.
Asia is bonded to open negative or may be even flat.
Indian markets will open in the same mannar.

The support for the Sensex is 8630 and the resistance to the up move is at 8977

Nifty: (2736) the support for the Nifty is at 2685 and the resistance to the up move is at 2802

Day Trading Ideas -

GMR Infra

Buy above 78.50 for targets of 79.85 and 80.45

Sell below 76.45 for targets of 75.90 and 75.10

Voltas

Buy above 39.45 for targets of 40.10 and 40.95

Sell below 37.40 for taregst of 36.85 and 36.10

HUL

Buy above 252 for targets of 255 and 258

Sell below 247 for targets of 245 and 243

SBI

Buy above 1052 for taregts of 1063 and 1071

Sell below 1032 for taregts of 1024 and 1019

NIFTY 1 Month Future.

Bearish (Indication Avoid)

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Market outlook and Intraday tips for 16th Feb.

US markets had ended marginally lower.
Europe ended mixed.
Asia is trading total flat.
Expect Indian Markets to have a bit gap down or a flat opening.

The support for the Sensex is 9445 and the resistance to the up move is at 9824

Nifty: (2948) the support for the Nifty is at 2900 and the resistance to the up move is at 3004

Day Trading Ideas -

Unitech -

Buy above 32.05 for targets of 32.80 and 33.55

Sell below 29.50 for targets of 29.05 and 28.40

DLF
Buy above 163 for targets of 165 and 167.45
Sell below 157 for targets of 155 and 153

IFCI
Buy above 21.45 for targets of 21.90 and 22.50
Sell below 20.05 for targets of 19.45 and 19.00

SBI
Buy above 1199 for targets of 1208 and 1218
Sell below 1184 for taregts of 1178 and 1169

Happy Investing!

NIFTY Autogenerated technical Analysis here.

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Market outlook and Intraday tips for 10th Feb.

US markets ended flat.
Europe was trading flat.
Asian Markets are bonded to open flat to negative.
Indian markets may have a nagative opening.
At present the nature of NIFTY is mixed.
It has 46 advance against 2 declines.
Over all trend is WAIT.
Support at 2845 and 2795
Resistance at 2995 and 3075

Support for Sensex is at 9320 and resistance for upmove is at 9985

Day Trading Ideas -

DLF
Buy above 143 for targets of 146 and 149
Sell below 132 for targets of 129 and 125

SBI
Buy above 1156 for taregts of 1162 and 1169
Sell below 1141 for taregts of 1138 and 1135

HDIL
Buy above 83 for targets of 86 and 88
Sell below 79 for targets of 75 and 73

Unitech
Buy above 29.55 for taregts of 30.25 and 30.95
Sell below 28.45 for targets of 27.90 and 27.45

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Happy Investing !

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Fews stocks which are a value buy.

Noida Toll Bridge - The traffic on the flyway is expected to increase at a healthy rate, mainly due to the ongoing residential and commercial development in Noida and Greater Noida.

Land bank on the either sides of the bridge is an additional asset. The company expects further 40% growth in its average daily traffic over next two years due to Commonwealth games to be held in Delhi NCR in 2010.


State Bank of India - Investors looking for a large-cap stock which will add value to their portfolio can consider accumulating the State Bank of India stock in declines.

Beaten down valuations, strong financials in an extremely challenging macro environment, with sustainable growth in advances, make the bank stock attractive. Though the bank trades at a premium to all public sector banks, this appears justified given the size of its balance-sheet and the huge market share, despite which it has delivered better financial performance than its peers.

Market share for the bank has improved in recent quarters.


NTPC - With its existing operations, ongoing expansion plans and high profitability, NTPC is favourably placed in the power generation space.

Further, the shortage in power supply, which is expected to remain in the medium to long term, will keep the capacity utilization of power plants at a high level.


Infosys - The best known IT stock from India.

Well reputed as a quality solution provider, has very long established relationships with a number of leading banks and corporates in the US and other places, impeccable record of transparency and good corporate governance and strong balance sheet are some of the features why we feel Infosys is a must in every investor’s portfolio.


LNT - India’s infrastructure story is best captured by L&T.

Strong management, healthy order book position, diversification across product categories and geographies are some of the strong points of this bellwether engineering company.


BHEL - Largest power component manufacturer in India. Strong order backlog, capacity expansion to meet demand and robust capex lined up for power projects augur well for the company's earnings growth.


Bank Of India - Bank of India has a strong balance sheet growth, stable margins and good quality assets.

The reduction in NPAs, increased book value and improvement in return on assets are indicators of the bank’s superior performance across parameters.


Bajaj Hindustan - The largest manufacturer of sugar in India. Sugar cycle seems to be turning around making this company, which has used the two year downturn to substantially increase its capacity, an extremely attractive buy.

By-product of ethanol and co generation of power are other strong points of this company. - ET

More to be continued.....

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Investing in Infrastructure sector now makes sense.

Real estate sector has tumbled in the same way in which Jill fell down in the well. But as inflation has now cooled it makes sense to buy some blue chip real-estate scrip’s. Home loan have sweetened leading to higher demand of new homes. This sector has a potential to turn the markets upside down as every new investment needs infrastructure and now low rate home loans will give a boost to many things directly and indirectly. The main sectors to benefit are firstly Infrastructure and later Banking.

Looking for a long term point of view one should pick up few beaten up stocks. I would go for Larsen & Tubro (LNT), Unitech , HDIL , SBI , ICICI Bank and Indiabulls Real estate.

Cooling home loans rate is the only reason why I am bullish on this sector for long term.
Happy Investing.

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Intraday Tips and Market Outlook for 8th Dec.

US markets had ended positive.

Asia has opened positive. 

Expect Indian markets to open a positive note. We can see a gap up opening of more than 200 points on Sensex.

Crude is at almost 4 years low so can this be a good news for few stocks ? Yes. 

Many stocks can benefit from this.

Levels on NIFTY are , support at 2650 and resistance for upmove at 2945 and 3150

Day Trading ideas.

SBI

Buy above 1145 for targets of 1152 and 1159

Sell below 1131 for targets of 1122 and 1113

ICICI Bank

Buy Above 362 for targets of 368 and 373

Sell Below 348 for targets of 342 and 339

HDFC Bank

Buy avove 898 for targets of 908 and 915

Sell below 871 for targets of 865 and 858

Reliance

Buy above 1126 for targets of 1131 and 1136

Sell below 1110 for targets of 1106 and 1100

Happy Investing!

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Special Search for All Stock Tips.

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Intraday Tips and Market Outlook for 5th Dec.

US markets ended negative.

Asia is bond to open flat to negative.

Yesterday markets rallied seeing the rate cut in short term.

We may see a flat to negative opening in the Indian markets.

Levels to watch out for on Nifty is it has a support at 2650 and resistance for upmove at 2940.

Day Trading Ideas.

HDIL 

Buy above 94.50 for targets of 96.25 and 9.90

Sell below 90.40 for targets of 88.20 and 86.50

Unitech

Buy above 30.10 for targets of 31.25 and 32.50

Sell below 29.25 for targets of 28.50 and 27.20

SBI

Buy above 1170 for targets of 1181 and 1190

Sell below 1160 for targets of 1152 and 1145

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Mutual Funds to eye large cap stocks.

A Reuters poll says that mainly large caps stocks are a attraction of domestic Mutul Funds Companies.

Indian large caps and financial sector stocks are likely to attract them for next 3-4 months as they hope for stock market rebound.

Three-fourths of the respondents in the Reuters Asset Allocation Poll conducted between Nov. 21 and 25 said they would cut the amount of cash they hold because they expect local stocks will rise during the period. 

Three of the eight fund houses polled said Indian shares are fairly valued, while an equal number said they were undervalued. 

A fourth of bond fund managers are likely to cut cash levels as invest in bonds on hopes of more rate cuts, the poll showed.

Reading this I would eye on Banking and Financail stocks. The stocks which I would shop are SBI , Yes Bank , HDFC Bank , ICICI Bank and Indusind Bank.

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Weekly news letter and stock tips for the week.

Last week we saw markets going marginally up after good global cues.

It was one of the most volatile weeks on the bourses with benchmark indices gyrating sharply as profit booking alternated with short covering before the F&O expiry date.  While a big bailout package in which the US Government promised USD 326 billion to Citigroup helped the markets rebound, the buzz that Bank of America could be a potential bailout candidate spooked market participants.

Meanwhile, surprise steep rate cuts by China's (CRR by 108 basis points and interest rate reduced to 5.58% from 6.66%) during the mid week increased anticipation that other central banks too would follow the suit. Expectations of further cut in interest rates in India too gathered momentum after the Finance Minister announced that the monetary policy was now biased towards stimulating growth and the Reserve Bank of India (RBI) was likely to lower rates further as inflation cooled.

However, the terror attack in the Indian financial capital led to the postponement of derivatives expiry by a day as the markets remained shut. This led to greater volatility on the last trading day of the week. Nevertheless, the Indian markets still managed to close above the 9000 points mark.

The stocks that were in the limelight this week included Kingfisher Airlines and  IVRCL Infra in the mid-cap space while in the large-cap segment, Reliance stocks demonstrated considerable weakness.

The global slowdown and its imact on the Indian economy is no longer breaking news. There is a discernible slowdown being witnessed across the Indian economy. This is also reflected in the GDP data released for second quarter of 2008-09 wherein our economy grew at 7.6% as against 9.3% a year-ago and 7.9% in the previous quarter.

Slackening demand and increased inventories, liquidity crunch on account of reduced availability and rising cost of funds have been taking its toll on the performance of Indian Inc. With major manufacturing companies already announcing production cuts and temporary plant shutdowns, its adverse impact will be visible in the coming quarters.

There is some pessimism again building up that the massive bailout could worsen rather than improve the ongoing crisis. The depreciating rupee which hit a record low of 50.60 against the US dollar too does not provide near-term comfort.

For now, though there are some positives like cooling off of the inflation rate and expectations of a further rate cut, the weighing scale tilt towards the negative. Nevertheless, the next sell-off in the financial markets could provide a decent buying opportunity for investors with a long term view, although utmost caution is advised for the time being.

Stocks to look into this week.

ICICI Bank and SBI - Banking may soon see a Rate cut advantage to move up as Inflation is cooling.

India Hotels Ltd - The Mumbai terror attack one you cant afford to forget destroyed the Taj Heritage Hotels in South Mumbai we may see a sell of in this scrip.

Unitech - Unitech is still not a good buy can easily go below 20 levels. Dont buy levels to watch are 17.50 - 19.25 - 21.65 - 23.85 - 25.90 - 28.30 (Levels for whole month of December ) It can move between 17.50 to 28.30 levels.

Hindalco - Technicaly speaking this stock has ability to climbe up 10- 12 % from CMP in the week.

Happy Investing .

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Market outlook for 28th Nov.

US markets were closed yesterday.

Europe was up 2% on an average.

Asia has opned marginally lower.

If markets open today we may see a negative to flat opening.

Support for Nifty is at 2550 and resistance for upmove at 2910 and 3200

Day Trading Ideas.

SBI 

Buy above 1115 for targets of 1126 and 1135

Sell below 1098 for targets of 1085 and 1075

LNT

Buy above 757 for targets of 768 and 779

Sell below 742 for targets of 732 and 726

Unitech

Buy above 26.20 for targets of 27.30 and 28.55

Sell below 23.10 nfor targets of 22.50 and 21.90

TCS 

Buy above 530 for targets of 538 and 549

Sell below 515 for targets of 504 and 497

ONGC

Buy above 705 for targets of 715 and 722 

Sell below 697 for targets of 692 and 685

Also look out for 

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Indian market outlook and daytrading ideas for 27th Nov.

Shocking terror attact in Indias Financial Capital. Over 80 are Dead and 200 are injured (Sources).

We pray for all the Victims and Cops who lost their life in this incident.

All world markets are trading positive and I expect Indian markets to open positive.

US markets are up over 3% on an average.

Asia is trading green , more over China is up over 8%.

Inflation is to come out and poll expects Inflation to further cool down.

Support for Nifty is at 2550 and resistance for upmove at 2910 and 3200

Day Trading Ideas.

SBI 

Buy above 1115 for targets of 1126 and 1135

Sell below 1098 for targets of 1085 and 1075

LNT

Buy above 757 for targets of 768 and 779

Sell below 742 for targets of 732 and 726

Unitech

Buy above 26.20 for targets of 27.30 and 28.55

Sell below 23.10 nfor targets of 22.50 and 21.90

TCS 

Buy above 530 for targets of 538 and 549

Sell below 515 for targets of 504 and 497

ONGC

Buy above 705 for targets of 715 and 722 

Sell below 697 for targets of 692 and 685

Happy Trading / Investing.

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Weekly news letter and Stocks to watch now.

Indian Stock Markets have witnessed a worst hit. Indian markets are now down over 57% from its peak. Its almost at its 3 years low.

Markets need a good breath now. Traders are worried and even Investors.

Recession has covered the whole globe.

No one has been left out. No fundamentals in markets as of now.

When I look at NIFTY charts I see an uptrend to come till 2780 in short term.

Indian markets will be the first to recover says SEBI cheaf CB Bhave.

Stocks you should look out are.

LNT - Plans to add 10,000 staff by 2010 and the stock has good fundamentals so a reason to buy its Support is at 665 and 711 and a resistance for upmove at 791 and 825.

Unitech - This is one of the most beaten out scrip 52 week High of 600 odd and low of 27 odd. Makes sense in buying and booking profits at 40 odd levels.

SBI - Inflation has cooled and if RBI takes some action in reducing the CRR or Repo Rate it will benefit and then makes sense to buy for short term.

ICICI - The same above reason apples and even if you go to see its is one of the most beeten out blue chip after DLF and Hindalco.

Sectors I am bullish on -

Infrastructure and Banking and later Metals.

All of these sectors have witnessed the worst hit ever so chances are there for these sectors to recover very fast.

Happy Investing .

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Sensex surges over 300 pts on PM’s assurance.

The 30-share index, which opened higher by 160 points, surged further by 323.93 to 8,774.94 points despite weak global markets.

The benchmark Sensex soared by over 320 points in late morning trade on Friday after Prime Minister Manmohan Singh assured that country will sustain a growth rate of 8% despite the adverse impact of the global financial crisis.

The 30-share index, which opened higher by 160 points, surged further by 323.93 to 8,774.94 points despite weak global markets. The BSE barometer had tanked over 2,100 points in the last seven trading sessions.

The wide-based National Stock Exchange’s Nifty moved up by 95.25 points at 2,648.46 points.

“We have the ability to sustain a growth rate of about eight per cent. And we will do so,” the Prime Minister said at the Hindustan Times Leadership Summit here.

Marketmen said sentiment turned better after government data showed inflation declined by 0.08% to 8.90% during the week ended 8 November.

Country’s most valuable company Reliance Industries gained Rs19.40, or 1.83%, at Rs1,078, while ONGC stocks gained Rs24.50, or 3.77%, at Rs674.90 mainly contributed rise to the Sensex.

SBI stocks gained Rs26.75, or 2.45% at Rs1,119.30.

Other gainers were BHEL, Larsen and Toubro, Bharti Airtel, DLF Ltd, Grasim Industries, Maruti, Mahindra, Mahindra and Sterlite Industries. Tata Power and Tata Consultancy. - Mint

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