Intraday Tips and Market outlook for 23rd March.

US Markets ends negative.
Europe was trading flat.
Asia is bonded to open flat to positive.
Expect Indian Markets to open in the same mannar.

The support for the Sensex is 8850-8710 and the resistance to the up move is at 9140-9378

Nifty: (2807) the support for the Nifty is at 2770-2723 and the resistance to the up move is at 2823-3142

Day Trading Ideas -

Jet Airways.
Buy above 163 for targets of 166 and 168
Sell below 156 for targets of 154 and 152

DLF
Buy above 174 for targets of 176 and 179
Sell below 171 for targets of 168 and 165

Tata Steel Ltd.
Buy above 179 for targets of 181 and 184
Sell below 172 for targets of 169 and 166

NIFTY Autogenerated Technical Analysis

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Market outlook and Intraday tips for 20th Jan.

US markets ended marginally positive.
Europe ended a negative note.
Asia is bonded to open flat to negative.
Expect Indian Markets to follow the same trend.
Markets now looking highly oversold.
The target for the Sensex is 9200 and the resistance to the up move is at 9528-9708
Nifty: (2846) the target for the Nifty is at 2740 and the resistance to the up move is at 2870-2922

Satyam saga is yet not over.

Day Trading ideas -

Jet Airways
Buy above 192 for targets of 195 and 198
Sell below 182 for targets of 178 and 175

HDIL
Buy above 113 for targets of 117 and 120
Sell below 107 for targets of 103 and 100

Adlabs
Buy above 185 for targets of 188 and 192
Sell below 172 for targets of 169 and 165

Buy for short term
Rajesh Exports at 21 for targets of 25 with a SL of 19.40
Karuturi Global at 13.85 for targets of 18 with a SL of 11.50

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Jet Airways Q3 loss widens to Rs 2,141.80 mn

Jet Airways (India) loss for the quarter ended December 2008 has widened. During the quarter, the loss of the company rose to Rs 2,141.80 million compared with a loss of Rs 911.20 million in the same quarter previous year.

Net sales for the quarter rose 24.60% to Rs 30,228.30 million, while total income for the quarter rose 21.69% to Rs 30,630.70 million, when compared with the prior year period.

The company reported loss of Rs 24.81 a share during the quarter compared with loss of Rs 10.55 a share in prior year period.

Quarterly Results - Standalone (Rs in mn)
As at	Dec - 08	Dec - 07	%Change
Net Sales	30,228.30	24,259.80	24.60
Net Profit	(2,141.80)	(911.20)	-
Basic EPS	(24.81)	(10.55)	-

Shares of the company gained Rs 1.95, or 1.26%, to settle at Rs 157.05. The total volume of shares traded was 282,926.00 at the BSE (Friday). - MyIRIS

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Intraday tips and Market outlook for 12th Dec.

US markets ended negative after a volatile secession. A report says US to see four quarter of nasty recession. Bank of America to cut about 35,000 jobs.

Europe ended mixed.

Asia has opened weak. Expect Indian markets to open flat to negative.

Today inflation is to come out.

Keep booking profits at every levels.

FII’s are yet net buyers. FII’s are constantly buying from past 3 days. Yesterday’s net figure is Rs 444 Crores.

The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324

 Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113

 

Day Trading ideas for 12^th Dec.

 

Jet Airways.

Buy above 152 for targets of 155 and 159

Sell below 149.20 for targets of 146.90 and 145.20

 

ABB Ltd.

Buy above 455 for targets of 458 and 462

Sell below 451 for targets of 448 and 444

 

ACC Ltd.

Buy above 482 for targets of 486 and 490

Sell below 476 for targets of 472 and 468

 

Balaji Telefilms Ltd. 

Buy above 73.10 for targets of 75 and 77

Sell below 70.25 for targets of 68.50 and 67.10

 

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