Market outlook and Intraday Tips for August 10th.

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

NIFTY Spot : 4481.4
Support : 4432.9 & 4384.45
Resistance : 4560.8 & 4640.3

Day Trading Ideas :

Adlabs : Buy above 334 for targets of 345 and 355. SL of 328

Axis Bank : Buy above 820 for targets of 835 and 845. SL of 810

HCC : Buy above 106.25 for targets of 108 and 109.45. SL of 105.10

GMR Infra : Buy above 132.20 for targets of 135.45 and 141.10. SL of 129.85

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Intraday Tips and Market outlook for 6th of May.

US markets ended flat to negative.
Europe markets ended mixed.
Asia has opened flat and is trading flat.
Expect the Indian markets to open in the same manner.
The support for the Sensex is 12000 and the resistance to the up move is at 12569-12857
Nifty: (3662) the support for the Nifty is at 3600 and the resistance to the up move is at 3735-3820

Day trading Ideas -

Axis Bank
Buy above 635 for targets of 639 and 644
Sell below 619 for targets of 615 an 611

IFCI
Buy above 29.45 for targets of 30.10 and 30.55
Sell below 26.85 for targets of 26.20 and 25.85

HDIL
Buy above 175 for targets of 178 and 180
Sell below 164 for targets of 161 and 158

DLF
Buy above 264 for targets of 267 and 270
Sell below 259 for targets of 256 and 254

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Intraday Tips and Market outlook for 28 th of April.

US Markets ended lower.
Europe ended mixed.
Asia is trading higher.
Expect Indian Markets to open flat to positive.
The support for the Sensex is 11175 and the resistance to the up move is at 11639
Nifty: (3470) the support for the Nifty is at 3435 and the resistance to the up move is at 3734

Day Trading Ideas

ICICI Bank
Buy above 476 for targets of 481 and 485
Sell below 469 for targets of 465 and 459

Axis Bank
Buy above 566 for targets of 571 and 575
Sell below 543 for targets of 539 and 535

Unitech
Buy above 44 for targets of 45 and 46.20
Sell below 42 for targets of 41 and 39.90

Aban Offshore
Buy above 450 for targets of 458 and 463
Sell below 425 for targets of 418 and 412

Happy Investing!

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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 5th Feb.

US markets plung after concerns about disappointing earnings and the market ended the day with a loss.
Europe ended a higher note.
Asia is trading marginally lower.
Expect Indian Markets to open flat to negative.

The support for the Sensex is 9034-8940-8868 and the resistance to the up move is at 9389

Nifty: (2803) the support for the Nifty is at 2705 and the resistance to the up move is at 2847-2904

Day Trading ideas -

Adlabs
Buy above 163 for targets of 166 and 169.50
Sell below 154 for targets of 151 and 149

Axis Bank
Buy above 399.45 for targets of 404.25 and 409.10
Sell below 388 for targets of 385 and 383

India Infoline
Buy above 43.90 for targets of 44.50 and 45.90
Sell below 41.20 for targets of 40.50 and 39.90

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Happy Investing !

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Weekly news letter and stocks to look out for.

This week we saw markets crashing down drastically. Sensex and NIFTY both are down over 7%.

Inflation is cooling down. Current inflation is at 6.61 compared to 6.84 last week.

See the life as crude is below 35$.

Satyam is banned by World Bank for 8 years. (Don’t carry any long position is this scrip)

FII’s activity is now negligible.

We will see some DII’s buying stocks.

More over companies are buying their own stock from the market so as to increase the promoter’s holdings. The latest company to do so was GMR Infra.

Stocks to look out in this week.

Satyam Computers. – Any thing can happen now.

Unitech. – My favorite to trade. Good movements. Highly volatile.

Axis Bank.- Again the same story , expect rate cut.

UCO Bank.- Technically strong stock.

Reliance Ind. – Can bounce back from any levels from now.

Happy Investing!

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Intraday tips and Market outlook for 16th Dec.

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US markets were trading choppy yesterday.

Europe ended flat. Asia has opened marginally lower.

I expect Indian markets to open lower.

Banking and Infra stocks can see a rally today.

The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324

Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113

Day Trading Ideas

Asian Paints

Buy Above 862 for targets of 870 and 877

Sell below 852 for targets of 846 and 835

DLF

Buy Above 284 for targets of 288 and 293

Sell below 280 for targets of 274 and 270

GMR Infra

Buy Above 66.02 for targets of 67.55 and 68.75

Sell below 63.10 for targets of 62.10 and 61

Axis Bank

Buy Above 483 for targets of 495 and 504

Sell below 471 for targets of 466 and 461

Happy Investing.

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Indian market outlook and daytrading ideas for 24th Nov.

US markets had rallied.

Asia has opened mixed.

Europe was down on an avereage of 3%.

Expect markets to have a flat opening.

The support for the Sensex is 8450-8316 and the resistance to the up move is at 9635-10324.

Nifty: (2693) the support for the Nifty is at 2500 and the resistance to the up move is at 2860-3113.

Day trading ideas.

Unitech

Buy above 32.35 for targets of 33.90 & 34.95

Sell below 29.80 for targets of 28.10 & 27.50

NTPC

Buy above 146.45 for targets of 148.90 & 150.25

Sell below 141.10 for targets of 139.50 & 137.50

Axis Bank.

Buy above 405 for targets of 408 & 411

Sell below 398 for targets of 395 & 392

Happy Investing.

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