Intraday Tips and Market Outlook for 27th Oct.

>> Tuesday, October 27, 2009

State of Markets abroad :
US Markets ended in red.
Europe also ended lower.
Asia has opened negative.
Expect the Indian Markets to have a flat to negative opening!
The crucial support for the Sensex is 16707-16682-16426 and the resistance is at 17016-17107-17198
Nifty: (4971) the crucial support for the Nifty is at 4947-4900 and resistance is at 5060-5100

Day Trading Ideas :

IRB Infra : Buy above 250 for targets of 253 and 257. SL of 247

IFCI : Buy above 50 for targets of 51.25 and 52.40. SL of 49.10

RNRL : Buy above 80 for targets of 81.50 and 83.25. SL of 78.90

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Intraday Tips and Market Outlook for 26th Oct

>> Monday, October 26, 2009

State of Markets abroad :
US Markets ended in red.
Europe ended mixed.
Asia has opened positive.
Expect the Indian Markets to have a flat to positive opening.
The crucial support for the Sensex is 16764-16682 and the resistance is at 17016-17107-17198
Nifty: (4997) the crucial support for the Nifty is at 4987-4936 and resistance is at 5060-5100

Day Trading Ideas :

HDIL : Buy above 376 for targets of 381 and 385. SL of 373

RNRL : Buy above 85 for targets of 86.20 and 87.25. SL of 84.25

IFCI : Buy above 52.60 for targets of 53 and 54.10. SL of 51.90

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Weekly News Letter and Stocks to watch out for!

>> Sunday, October 25, 2009

So Festival time is over this time with happiness!
NIFTY last week came down below 5K mark and yet is below it by 3 points.
The global cues sound to be good now with good economic and employment data.

NIFTY look average. No quick gains can be expected in coming week.


NIFTY Support & Resistance :
Support: 4950 and 4890
Resistance : 5070 and 5125

Some stocks to look out for :

State Bank of Travancore : Buy above 590 for targets of 630. SL of 575

Yes Bank : Buy above 255 for targets of 275. SL of 246

IRB Infra : Buy above 245 for targets of 265. SL of 238

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Intraday Tips and Market Outlook for 23rd Oct.

>> Friday, October 23, 2009

State of Markets abroad :
US Markets ended higher.
Europe ended red.
Asia has opened higher.
Expect the Indian Markets to have a gap up opening.
Support for Sensex is at : 16550 and 16400
Support for NIFTY is at : 4940 and 4910

Day Trading Ideas :

ITC : Buy above 248 for targets of 249.50 and 251.25. SL of 247.10

RNRL : Buy above 85 for targets of 85.95 and 86.50. SL of 84.25

HCC : Buy above 130 for targets of 132 and 134. SL of 128

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Intraday Tips and Market Outlook for 22nd Oct.

>> Thursday, October 22, 2009

State of Markets abroad :
US Markets ended in red.
Europe ended flat.
Asia has opened red.
Expect Indian Markets to have a negative opening.
The crucial support for the Sensex is 16920 and the resistance is at 17185
Nifty: (5064) the crucial support for the Nifty is at 4987 and resistance is at 5100-5183

Day Trading Ideas :

MNM : Buy above 890 for targets of 905 and 912. SL of 883

RNRL : Buy above 86.75 for targets of 87.45 and 88.40. SL of 85.90

JP Associates : Buy above 255 for targets of 257 and 260. SL of 252

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INtraday Tips and Market Outlook for Oct 21st

>> Wednesday, October 21, 2009

State of Markets abroad :
US markets ended lower.
Europe also ended in red.
Asia has also opened negative.
Expect a negative opening on Indian Stock Markets.
The crucial support for the Sensex is 17000 and the resistance is at 17356-17439
Nifty: (5114) the crucial support for the Nifty is at 5090 and resistance is at 5183-5219

Day Trading Ideas :

Andhra Bank : Buy above 121 for targets of 123 and 125. SL of 119

YES Bank : Buy above 253 for targets of 256 and 258. SL of 251

IFCI : Buy above 55.30 for targets of 56.25 and 57.30. SL of 54.25

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Intraday Tips and Market Outlook for 15th Oct.

>> Thursday, October 15, 2009

State of Markets abroad :
US Markets ended higher.
Asia has opened high.
Expect Indian Markets to open higher.
The crucial support for the Sensex is 17000 and the resistance is at 17249-17356-17439
Nifty: (5118) the crucial support for the Nifty is at 5050 and resistance is at 5154-5183-5219

Day Trading Ideas :

MNM : Buy above 980 for targets of 992 and 1005. SL of 970

RNRL : Buy above 86 for targets of 87.50 and 89.10. SL of 85

IndusInd Bank : Buy above 125 for targets of 128 and 131. SL of 123

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Intraday Tips and Market Outlook for 14th Oct

>> Wednesday, October 14, 2009

State of Markets abroad :
US markets ended mixed.
Europe ended in red.
Asia has opened positive.
Expect the Indian Markets to have a higher opening.
The crucial support for the Sensex is 16825 and the resistance is at 17249
Nifty: (5054) the crucial support for the Nifty is at 5000 and resistance is at 5154

Day Trading Ideas :

RNRL : Buy above 88 for targets of 89.10 and 90.25. SL of 87

MNM : Buy above 918 for targets of 925 and 935. SL of 910

HCC : Buy above 135 for targets of 137 and 139. SL of 133.50

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Intraday Tips and Market Outlook for 12th Oct.

>> Monday, October 12, 2009

State of Markets abroad :
US Markets ended higher.
Europe ended mixed.
Asia has opened flat.
Expect the Indian Markets to open flat to positive.
The crucial support for the Sensex is 16500 and the resistance is at 17000-17249 Nifty: (4945) the crucial support for the Nifty is at 4900-4824 and resistance is at 5069-5154

Day Trading Ideas :

RNRL : Buy above 83.20 for targets of 84.10 and 85.25. SL of 82.15

IFCI : Buy above 53 for targets of 54.10 and 55.25. SL of 52.20

HDIL : Buy above 359 for targets of 363 and 367. SL of 355

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Intraday Tips and Market Outlook for 8th Oct.

>> Thursday, October 8, 2009

State of Markets abroad :
US ended flat.
Europe ended negative.
Asia is now in positive zone.
Expect the Indian markets to open flat to positive.
The crucial support for the Sensex is 16500 and the resistance is at 17072-17249
Nifty: (4986) the crucial support for the Nifty is at 4900-4824 and resistance is at 5069-5154

Day Trading Ideas :

Yes bank : Buy above 208 for targets of 210 and 213. SL of 206

IRB Infra : Buy above 238 for targets of 242 and 245. SL of 235

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