Stock picking platform - Money Vidya.

Every one can now become an analyst by just picking stocks on MoneyVidya.Com.
MoneyVidya is a decent platform for picking stocks and giving a analysis about them.

MoneyVidya.com is an impressive new entrant in the stock market research space. It's an online community for Indian Investors and Traders. The main activity on MoneyVidya.com is sharing Stock Picks (recommendations). What's cool is that MoneyVidya.com tracks each and every stock pick and then rates each member based on the performance of their stock picks.

What exactly happens on MoneyVidya ?
Traders / Common persons pick stocks and you have a choice to follow them. You can follow some top investors and Traders.
I was listed on the top panels of medium term investors giving 123% returns ! :)

The website is currently completely free... so register as soon as possible!

Go check it out - MoneyVidya.Com

Read the full post...

Intraday Tips and Market outlook for 8th of May.

US markets ended lower.
Europe ended flat and mixed.
Asia is trading lower.
Expect the Indian Markets to open flat to negative.
The support for the Sensex is 12000 and the resistance to the up move is at 12569-12857
Nifty: (3684) the support for the Nifty is at 3600 and the resistance to the up move is at 3735-3820.

Day Trading Ideas -

TATA Motors
Buy above 276 for targets of 279 and 284
Sell below 259 for targets of 255 and 251

Unitech
Buy above 54.25 for targets of 55 and 56.10
Sell below 52.10 for targets of 51.50 and 50.80

DLF
Buy above 256 for targets of 258 and 261
Sell below 247 for targets of 245 and 242

DCB
Buy above 25.90 for targets of 26.25 and 27.10
Sell below 24.10 for targets of 23.50 and 22.90

Power Grid
Buy above 98.45 for targets of 99.20 and 100.45
Sell below 95.45 for targets of 94.80 and 93.25

Happy Investing !

Read the full post...

Intraday Tips and Market outlook for 7th of May.

US markets ended quite higher.
Europe also ended higher.
Asia has opened higher.
Expect Indian Markets to open positive.
The support for the Sensex is 11678 and the resistance to the up move is at 12569-12857
Nifty: (3625) the support for the Nifty is at 3600 and the resistance to the up move is at 3735-3820

Day Trading Ideas -

Adlabs
Buy above 234 for targets of 239 and 244
Sell below 223 for targets of 219 and 215

DLF
Buy above 248 for targets of 255 and 259
Sell below 230 for targets of 224 and 219

JP Associates
Buy above 139 for targets of 142 and 145
Sell below 134 for targets of 131 and 128

MRPL
Buy above 53 for targets of 55 and 58
Sell below 49 for targets of 47 and 45

Happy Investing !

Read the full post...

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

Read the full post...

Intraday Tips and Market outlook for 5th of May.

US markets ended positive.
Europe ended mixed.
Asian markets are trading positive.
Expect the Indian markets to open positive.
The support for the Sensex is 11640 and the resistance to the up move is at 12569-12857
Nifty: (3654) the support for the Nifty is at 3500 and the resistance to the up move is at 3735-3820

Day Trading Ideas -

TCS
Buy above 674 for targets of 681 and 688
Sell below 650 for targets of 645 and 639

GMR Infra
Buy above 119 for targets of 123 and 125
Sell below 110 for targets of 107 and 105

HDIL
Buy above 161 for targets of 164 and 168
Sell below 154 for targets of 151 and 146

Unitech
Buy above 51 for targets of 52.45 and 53.60
Sell below 47.45 for targets of 46.85 and 45.50

Happy Investing !

Read the full post...

NIFTY Levels for 5th May

Markets ended a higher note today.
NIFTY is expected to be in a bullish mode for the next trading section which is tomorrow.

NIFTY magic levels
Current Spot - 3654
Support - 3590 and 3545
Resistance - 3705 and 3758

Over All mode.
Bullish.

FII participation was extraordinary today. If this keeps on coming we are expected to reach 15K in no time. Lol :)

Is swine flu is the main concern any more ? FII's participated in huge numbers today which is over 1.5K crores.
Mid caps may not give high returns in short time. My advice is to stay from them for the time being.

Read the full post...

Intraday Tips and Market outlook for 4 th of May.

US Markets ended flat.
European markets ended mixed.
Asia has opened higher.
Expect Indian Markets to open flat to positive.
The support for the Sensex is 11200 and the resistance to the up move is at 11640
Nifty: (3474) the support for the Nifty is at 3400 and the resistance to the up move is at 3735

Day Trading Ideas -

LIC Housing Finance
Buy above 372 for targets of 376 and 379
Sell below 364 for targets of 361 and 358

SAIL
Buy above 111 for targets of 114 and 117
Sell below 103 for targets of 101 and 99

Ispat Ind.
Buy above 13.85 for targets of 14.35 and 14.90
Sell below 12.10 for targets of 11.50 and 11.05

LNT
Buy above 891 for targets of 899 and 906
Sell below 876 for targets of 871 and 865

Happy Investing !

Read the full post...

NIFTY and Stock Levels for short term.

NIFTY is expected to be in a range bounded mode.

NIFTY magic levels
Current Spot - 3473.95
Support - 3390 and 3341
Resistance - 3510 and 3585

Over All mode.
Wait and watch.

Buzzing stocks for the week.
IDBI, IFCI, DLF and LNT.

Read the full post...

Weekly News letter and Stocks to Watch out for.

This week ended flat. Not much gain was seen. It witnessed high volatility.
We had many holidays in the last week so missed some upside which we could have got due to good global cues.
Concerns that the outbreak of the Swine flu would result in a global pandemic and slow down the economic recovery process.
Another cause of worry was Election. Results will come out on 16th of May a of now.
It is said that Swine Flu would affect the FII sentiments and their activity.

Sectors to watch out for -

• IT.
• Pharma
• Banking
• Telecom.

Stocks to watch out for -

IDFC (76.45) - Targets of 82 and 85. SL of 69

LNT ( 879) - Targets of 905 and 920. SL of 855

HDIL (146.80) Targets of 155 and 159. SL of 139

Wipro (330.50) - Targets of 340 and 348. SL of 315

NIFTY Weekly Technicals.

Read the full post...

NIFTY Weekly Technicals.

Last week we saw NIFTY was in a range bounded mode. Volatility was seen. Followed by many holidays n markets.
Last week NIFTY closed at 3480 and this week at 3473 a flat one.
FII's participation was good. This participation can be reduced due to Swine Flu fear.
NIFTY TRIN at 0.42
Over all Nifty is Range Bounded.
NIFTY Nature - Wait.

Support - 3390 and 3341
Resistance - 3510 and 3585
Reversal from either of these levels would provide the opportunity to initiate fresh short positions. (Resistance)

Nifty closed marginally in the red after a volatile start to the week. The index could move higher to 3487 or 3517 next week. If there is a close above the second target, it would usher in a rally to 3572. Supports for the week would be at 3300 and 3170. Short-term traders can continue to buy in declines as long as the index trades above the first support.

Medium term view for Nifty stays positive and a close below 3170 is required to signal a medium-term trend reversal.

Read the full post...