Intraday Tips and Market outlook for 24th of April.

US markets ended flat after a volatile section.
Europe ended flat to negative.
Asia is trading flat.
Expect Indian Markets to open flat to negative.
The support for the Sensex is 10700 and the resistance to the up move is at 11255-11639
Nifty: (3424) the support for the Nifty is at 3303 and the resistance to the up move is at 3451-3734

Day Trading Ideas -

Ashok Leyland
Buy above 23.10 for targets of 24.25 and 25.10
Sell below 20.20 for targets of 19.50 and 18.90

Wipro
Buy above 316 for targets of 320 and 324
Sell below 305 for targets of 301 and 295

LNT
Buy above 872 for targets of 876 and 881
Sell below 861 for targets of 855 and 851

Yes Bank
Buy above 75.10 for targets of 77.25 and 79.25
Sell below 70.10 for targets of 68.25 and 66.50

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Intraday tips and market outlook for 8th April.

US markets cracked down.
Europe was trading negative.
Asia is trading negative.
Expect Indian Markets to open flat to negative.
The support for the Sensex is 10150 and the resistance to the up move is at 10708-11295
Nifty: (3257) the support for the Nifty is at 3125 and the resistance to the up move is at 3451

Day Trading ideas

Wipro
Buy above 274 for targets of 278 and 283
Sell below 259 for targets of 254 and 251

RNRL
Buy above 53.90 for targets of 54.85 and 55.95
Sell below 51.25 for targets of 50.65 and 49.50

ONGC
Buy above 896 for targets of 904 and 914
Sell below 875 for targets of 870 and 864

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

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Market outlook and Intraday tips for 13th Feb.

US markets ended flat after a volatile section.
Europe ended in red.
Asia has opened in green.
Expect the Indian Markets to do the same.

The support for the Sensex is 9430-9307-9178 and the resistance to the up move is at 9824

Nifty: (2893) the support for the Nifty is at 2845-2810 and the resistance to the up move is at 2972

Day Trading Ideas -

RNRL
Buy above 49.25 for targets of 50.10 and 50.65
Sell below 47.25 for taregts of 46.50 and 46.05

Wipro
Buy above 225 for targets of 229 and 232
Sell below 216 for targets of 212 and 209

WWIL
Buy above 15.95 for taregts of 16.40 and 16.95
Sell below 14.90 for targets of 14.50 and 14.05

Unitech
Buy above 32.20 for target of 32.95 and 33.50
Sell below 30.25 for target of 29.65 and 29.05

Happy Investing.

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Market outlook and Intraday tips for 30th Jan.

US markets plunge on Economic worries. US markets are down on an average of 3%.
Europe is down on an average of 3 - 3.5%.
Asia is bonded to open flat to negative. India will follow and open in the same manner

The support for the Sensex is 9095 and the resistance to the up move is at 9334

Nifty: (2824) the support for the Nifty is at 2793-2767 and the resistance to the up move is at 2870-2904.

Day Trading ideas

Hindalco

Buy above 47.80 for targets of 48.75 and 49.90

Sell below 45.10 for targets of 44.45 and 43.90

DLF

Buy above 168 for targets of 171 and 175

Sell below 163 for targets of 159 and 155

RNRL

Buy above 50.25 for targets of 50.90 and 51.50

Sell below 48.55 for targets of 47.90 and 47.10

Wipro

Buy above 229 for targets of 234 and 238

Sell below 215 for targets of 211 and 207

Happy Investing !

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Weekly NEWS letter and stocks to watch out for.

The past week was a horrible one. A company like Satyam can do such a big fraud, unbelievable.

The stocks made a high of 189 and a low of 11.50 in the past week. Its all time high is 575 and all time low is 11.50.

Raju is now sent in jail. But the innocent share holders are now in trouble.

The Indian markets fell 6.04% n the last week.

Though inflation is cooling no sign of good news in seen in the markets.

We have our Quarterly results coming this week for many companies. This will act as a major trigger to the movement in markets.

Markets will lie in a range of 2700 – 3000 (NIFTY) in this week.

Not much of upside is expected.

Satyam saga is yet going on will also decide the trend of the market.

IIP data is suppose to arrive tomorrow so be cautious.

Stocks to look out for in this week.

Satyam – I personally feel not to buy this stock. But this stock will be the most volatile in the coming week.

TCS, Wipro, Infosys – The key rivals of Satyam can benefit as the order book of Satyam can be passed to its rivals.

LNT – LNT bags 1100 crs order last week can give some gain.

Unitech - This is one badly beaten up stock and it bought at bottom can give some good gains. Best buy would be 28 -30 range.

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Market outlook and intraday tips for 2nd Jan.

US Markets were closed yesterday.

Asian Markets are trading higher.

Indian markets are now bonded to open positive.

The support for the Sensex is 9925-9750-9715 and the resistance to the up move is at 9990-10324

Nifty: (3035) the support for the Nifty is at 3000 and the resistance to the up move is at 3075-3113

Yesterday we bounced back and if we cross 10200 we may see 10650 in near term.

Day trading ideas.

Unitech

Buy above 46.50 for targets of 47.50 and 48.90

Sell below 42.25 for targets of 41.20 and 40.40

Satyam

Buy above 188 for targets of 192 and 198

Sell below 174 for targets of 170 and 164

Wipro

Buy above 252 for targets of 255 and 259

Sell below 243 for targets of 240 and 238

Happy Investing!

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Intraday tips and Market outlook for 19th Dec.

US markets plunge in the later hours. Europe has ended flat to negative.

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

A bullish mode expected in NIFTY.

Inflation has cooled down from 8% to 6.84% in a single week change.

The support for the Sensex is 9800-9660 and the resistance to the up move is at 10350

Nifty: the support for the Nifty is at 2902-2883-2795 and the resistance to the up move is at 3240

Day Trading Ideas.

India Infoline

Buy above 53.70 for targets of 54.50 and 55.90

Sell below 50.35 for targets of 49.10 and 48.50

IDFC

Buy above 70.50 for targets of 71.90 and 71.60

Sell below 65.45 for targets of 63.25 and 62.50

Reliance Capital

Buy above 508 for targets of 511 and 515

Sell below 496 for targets of 492 and 489

Educomp Solutions

Buy above 2630 for targets of 2640 and 2648

Sell below 2598 for targets of 2590 and 2582

Wipro

Buy above 253 for targets of 255 and 257

Sell below 246 for targets of 242 and 239

Happy Investing.

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Outsourcing is now a cause of great concern.

Outsourcing by US companies will be the biggest concern for India due to the change in the US administration next year, says a global research firm.

Obama's reform one can say in short.

Stocks which can get an affect of this are FSL and Wipro.

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