Intraday Tips and Market outlook for July 27th

US markets ended mixed.
Asia has opened higher.
We can see a flat to gap down opening today.

The support for the Sensex is 15100 and the resistance to the up move is at 15600-16046
Nifty: (4569) the support for the Nifty is at 4500 and the resistance to the up move is at 4615-4700-4789

Day Trading Ideas :

RNRL : Buy above 81.25 for targets of 82.45 and 83.20. SL of 80.10

RPL : Buy above 128 for targets of 129.95 and 130.50. SL of 126

IFCI : Buy above 50 for targets of 51 and 52.10. SL of 48.95

BHEL : Buy above 2014 for targets of 2025 and 2040. SL of 2009

Happy Investing !

Read the full post...

Intraday Tips and Market outlook for 1st June

State of global markets :
US markets ended positive.
Europe ended flat to positive.
Asia has opened positive.

Indian Market may open positive with a gap up opening.

NIFTY :
Current Spot - 4448.25
Support - 4363.7 and 4278.55
Resistance - 4511 and 4573.12

Day Trading Ideas :

Siemens :
Buy above 496 for targets of 504 and 511 with a SL of 489
Sell below 485 for targets of 478 and 471 with a SL of 491

IFCI :
Buy above 47.10 for targets of 48.05 and 49.20 SL of 46.10
Sell below 44.90 for targets of 43.85 and 42.50 SL of 45.85

RPL :
Buy above 146 for targets of 147.50 and 149.10 SL of 144.90
Sell below 142 for targets of 140.85 and 139.25 SL of 143.10

Happy Investing !

Recent Research Reports :
M&M
Apollo Tyres

Read the full post...

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!

Read the full post...

Intraday Tips and Market outlook for 22nd of April.

US markets ended higher after a weak start.
Europe ended mixed.
Asia has opened marginally negative.
Expect Indian Markets to open flat to negative.
NIFTY Support at 33115 and 3257
Resistance at 3416 and 3468

Day Trading Ideas -

IDFC
Buy above 77.25 for targets of 79.10 and 80.90
Sell below 73.45 for targets of 71.90 and 70.50

REC
Buy above 110.25 for targets of 112 and 113.50
Sell below 106.10 for targets of 105.20 and 104.45

RPL
Buy above 107.50 for targets of 109.10 and 110.25
Sell below 104.20 for targets of 103.10 and 101.90

Happy Investing.

Read the full post...

Intraday tips and market outlook for 9th April.

US markets ended positive after a volatile trading section.
Europe ended mixed.
Asia has opened positive.
Expect the Indian Markets to open positive.
The support for the Sensex is 10525 and the resistance to the up move is at 11295
Nifty: (3343) the support for the Nifty is at 3260 and the resistance to the up move is at 3451

Day Trading Ideas -

RPL
Buy above 109.25 for targets of 110.25 and 111.45
Sell below 105.45 for targets of 104.25 and 103.10

LNT
Buy above 814 for targets of 821 and 834
Sell below 796 for targets of 785 and 776

Voltas
Buy above 55.25 for targets of 56.10 and 57.45
Sell below 52.45 for targets of 51.40 and 50.75

Happy Investing.

Read the full post...

Intraday Tips and Market outlook for 18th March.

US markets ended positive.
Europe ended flat/ mixed.
Asia has opened higher.
Expect Indian Markets to have a flat to positive opening.

The support for the Sensex is 8651 and the resistance to the up move is at 9065-9140

Nifty: (2757) the support for the Nifty is at 2704 and the resistance to the up move is at 2805-2843

Day Trading Ideas.

HDIL

Buy above 71.45 for targets of 72.45 and 73.80

Sell below 69.45 for targets of 68.20 and 67.15

RPL

Buy above 81.20 for taregst of 82.10 and 83.25

Sell below 79.45 for taregst of 78.90 and 78.10

TCS

Buy above 502 for taregst of 506 and 510

Sell below 489 for targets of 486 and 481

Read the full post...

Market outlook and Intraday tips for 2nd March.

US markets ended negative.
Europe also ended in red.
Asia has opened weak. Expect Indian markets to open negative.

The support for the Sensex is 8750-8630 and the resistance to the up move is at 9030-9157

Nifty: (2764) the support for the Nifty is at 2730-2685 and the resistance to the up move is at 2824

Markets may remain volatile through out the day.

Day Trading Ideas -

HDIL
Buy above 74.20 for taregts of 75.10 and 76.25
Sell below 72.15 for targets of 71.45 and 70.50

RPL
Buy above 77.85 for taregst of 78.90 and 80.45
Sell below 75.15 for taregts of 74.45 and 73.60

Reliance Ind.
Buy above 1284 for taregts of 1291 and 1298
Sell below 1245 for targets of 1234 and 1226

LNT
Buy above 621 for taregts of 627 and 632
Sell below 604 for taregst of 599 and 594

Happy Investing !

Subscribe for free Email Updates - Click here.
Free SMS Updates subscribe - Click here

Read the full post...

Intraday tips and Market outlook for 22nd Dec.

US markets ended mixed. Europe ended negative.

Asia opened flat but now is trading positive.

I expect Indian markets to open flat to negative. If NIFTY hold’s on 3115 mark we are bond to remain positive the whole day.

Indian volatility index (VIX) is at 38.49 down over 15% so I expect more bullishness today.

The support for the Sensex is 9915-9870-9800 and the resistance to the up move is at 10324

Nifty: (3078) the support for the Nifty is at 3000 and the resistance to the up move is at 3113-3145

Day trading ideas.

RPL

Buy above 89.10 for targets of 90.50 and 91.80

Sell below 86.50 for targets of 85.20 and 84.10

HDIL

Buy above 169 for targets of 171.50 and 173

Sell below 164 for targets of 162.50 and 160

DLF

Buy above 309 for targets of 313 and 316

Sell below 301 for targets of 298 and 295

Rajesh Export

Buy above 27.10 for targets of 28.45 and 29.10

Sell below 24.90 for targets of 24 and 23.20

GMR Infra

Buy above 72.80 for targets of 73.50 and 74.80

Sell below 69 for targets of 67.80 and 66.50

Happy Investing

Subscribe for free Email Updates - Click here.

Free SMS Updates subscribe - Click here.

Read the full post...

Intraday tips and Market outlook for 11th Dec.

US markets ended positive after a volatile secession.

Europe ended mixed.

Asia has opened marginally lower. I expect Indian markets to open flat to negative.

Today inflation is to come out.

Keep booking profits at every levels.

Yesterday FII’s were net buyers of over 900 Cr. So we may open positive only.

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

Nifty: (2928) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

Day Trading ideas for 10^th Dec.

RPL

Buy above 79 for targets of 81 and 82.50

Sell below 74 for targets of 71.90 and 70.10

IRB Infrastructure.

Buy above 89 for targets of 91.25 and 93.60

Sell below 84.20 for targets of 82.10 and 80.50

Sun TV Network.

Buy above 176 for targets of 178 and 180

Sell below 168 for targets of 166.50 and 165.10

Have you ever benefited from my ideas? If yes please post a comment bellow.

Happy Investing.

Subscribe for free Email Updates - Click here.

Free SMS Updates subscribe - Click here.

Read the full post...

Stock to watch - RPL

Reliance Petroleum Ltd.(RPL)
Target Price: 97
Religare Hichens Harrison has said that Reliance Petroleum’s (RPL) state-of-the-art refinery is slated for commencement by end-2008 with a capacity of 29mtpa (~580,000bpd), making it the sixth largest plant in the world. The refinery has a Nelson complexity of 14 - much higher than 11.7 for Reliance Industries’ existing plant - and can process heavy crude types up to APIs of 17.

However, the brokerage highlighted that about 8.8 million barrels per day of new refining capacities are expected to come on stream between 2008-2013, particularly in China, India and the Middle East.

Further, growing concerns of an economic slowdown are leading to lower demand for gasoline and petroleum products, which would keep refining margins under pressure.
Religare Hichens has a target price of Rs 97 for RPL, and has an ‘accumulate’ rating on the stock

Read the full post...