Advice for – Friday, July 31, 2009

Yesterday: Indian Stock Market closed positive with 200 points on the sensex led by short-covering in the bank shares specially ICICI and SBI. The positive global cues were also supporting the market to stay above 4550 on the nifty.

 

Today: Indian Stock Market is expected to open positive say 40-50 points on nifty. But now 15600 is a big resistive zone for the market & still market up-move is driven by short covering and not because of fresh buying so today is the most important day for the market. Corporate results would play an important role to decide the market direction.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15388) The support for the Sensex is 15000 and the resistance to the up move is at 15600.

 

NSE Nifty: (4571) The support for the Nifty is at 4450 and the resistance to the up move is at 4630-4650.

 

F&O Cues: FII were net sellers of 151 crore in Index Future and sellers of 2 crore in stock futures.

 

Results to be declared today: Unitech, Aban, GMR Infra, ABB, Dish Tv, Orchid Chem, Adlabs, Suzlon, Tata Power, Rcom, Relcapital, TVS Motor

 

 

Advice for – Thursday, July 30, 2009

Yesterday: Indian Stock Market opened flat and went down sharply in the afternoon session mainly due to china market as china government cut Gasoline price and asked financial institution to pull out some percentage of their money from financial system which pulled down all the Asian market.

 

Today: Indian Stock Market is expected to open flat and would remain highly volatile as today is a last day of F&O expiry. Now the main support to be watched is of 15000 for sensex. If market breaches the level of 15000 for sensex, than we would see new lows in the market.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15173) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4513) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net sellers of 1157 crore in Index Future and sellers of 506 crore in stock futures.

 

Results to be declared today: Adani, DLF, Educomp, SBI, Jain Irrigation, SAIL, Tata Chem, Uco Bank, Voltas, IOCL

 

 

Advice for – Wednesday, July 29, 2009

Yesterday: Indian Stock Market opened negative mainly because of negative global cues n remained volatile as due to last days of F&O expiry.

 

Today: Indian Stock Market is expected to open flat n expected to remain volatile. As a trader I would like to stay outside the market & would wait for the right level to come n than I would take stock specific action. Also today we had big corporate earnings so lot will depend on that.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15332) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4564) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net buyers of 34 crore in Index Future and sellers of 568 crore in stock futures.

 

Results to be declared today: Sesagoa, IVRCL Infra, Sterlite, Power Grid, PNB, Tata Steel, Sun TV, EID Parry, NMDC, Cipla, RNRL, Rpower, Hero Honda

Advice for – Tuesday, July 28, 2009

Yesterday: Indian Stock Market opened flat due to RIL’s bad result. It went up in early trading session but afterwards it was quite volatile and closed flat. Yesterday the interesting thing was RIL has not melt up as it was expected and it was very surprising that most FII’s still maintain their Hold/Buy rating in RIL well of course this was because they increase their holding in RIL since last two month but technically as well as fundamentally RIL would be underperformer in the market and that’s for sure.

 

Today: Indian Stock Market is expected to open negative as we had a mix economic data of US which drag down the Asian market’s as well but all eye’s are now on RBI’s monetary policy and if RBI would declare rate cut or increase economy outlook than one has to watch out for public sector banks but technically market would be volatile.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15375) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4570) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net buyers of 90 crore in Index Future and sellers of 100 crore in stock futures.

 

Results to be declared today: REC, Hind Uni, Bajaj Hind, Birla Copper, GVKPIL, Guj Gas, Grasim, GMDC, GNFC, GSPL.

 

Advice for – Monday, July 27, 2009

Yesterday: Indian Stock market opened up and closed positive due to the positive global cues. Now market is all set to touch it’s level of 4650.

 

Today: Indian Stock Market is expected to open positive mainly because of positive global cues but RIL is expected to open 3-3.5% lower mainly because of it’s bad result. But overall market would remain positive as we would see buying interest in metals and banking space.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15379) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4569) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net seles of 330 crore in Index Future and sellers of 206 crore in stock futures.

Advice for – Friday, July 24, 2009

Yesterday: Indian Stock Market opened with a positive note and up till first half session it traded in a narrow range. But after noon session was all about reliance and cement sector when market suddenly jumped over 400 pts and closed at 4524 nearer to its resistance level.

 

Today: Indian Stock Market is expected to open positive mainly because of positive global cues but today quarterly earnings of some big corporate like Reliance, HCC, Gail which would decide further direction of the market. Some market participant told that Reliance may declare its results during market hours and it is expected that it would surprise the market and if it is so than next target for the market would be 4650.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15231) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4524) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net buyers of 153 crore in Index Future and sellers of 170 crore in stock futures.

 

Results to be declared today: Reliance, RPL, HCC, Hind Motor, Gail, Ciat, Ranbaxy, Jet Airways, CRISIL, Shriram Trans

 

 

Advice for – Thursday, July 23, 2009

Yesterday: Market opened with a positive note and up till first half session it traded with a good bull run. But all of a sudden as being pre-decided by bull, started profit booking. Even though European market opened negative they turned positive afterwards but our market went down continuously so clearly that was pre-decided move by the bull.  

 

Today: Indian Stock Market is expected to open with a bull gap say 25-35 points on nifty. Again market may trade on either side as we said earlier that right now market is in no bull – no bear zone it would be extremely difficult for the traders to take a call on that. We would also see the movements like yesterday so would prefer to wait and watch for the right time to come.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14843) The support for the Sensex is 14500 and the resistance to the up move is at 15000.

 

NSE Nifty: (4399) The support for the Nifty is at 4350 and the resistance to the up move is at 4450.

 

F&O Cues: FII were net sellers of 508 crore in Index Future and sellers of 401 crore in stock futures.

 

Results to be declared today: Idea, ACC, ITC, Deepak Fert., Nagarjuna Fert., ONGC, Siemens, Alstom Project, Maruti, Marico

 

 

Advice for – Wednesday, July 22, 2009

Yesterday: Market opened flat but slipped quickly due to profit booking at these levels.But still manage to close above 4450.

 

Today: Indian Stock Market is expected to to open positive mainly because of positive global cues but it would be interesting to see whether nifty would cross the level of 4510 n than next target would be 4600 in a day or two.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15062) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4469) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net buyers of 321 crore in Index Future and sellers of 391 crore in stock futures.

 

Results to be declared today: BHEL, Canara Bank, Hind Zinc, IFCI, Mastek, Teck Mah, Wipro, NDTV, Wire n Wireless

Advice for – Tuesday, July 21, 2009

Yesterday: Was another day when bull simply stretched the market way beyond technical. Yesterday it was a day of Reliance Ind & Technology shares. Apart from that no other stock had shown any big up-moves. Madcap and small cap were also quiet. But overall market broke a level of 4500.

 

Today: Indian Stock Market is expected to trade in a positive zone with some profit booking as market is now in a resistive zone of 4500-4670. It would be very interesting to see how market would close today but one thing is very sure market is now Sensex is set to touch its high of 15600.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (15191) The support for the Sensex is 15000 and the resistance to the up move is at 15500.

 

NSE Nifty: (4502) The support for the Nifty is at 4450 and the resistance to the up move is at 4605.

 

F&O Cues: FII were net buyers of 893 crore in Index Future and sellers of 385 crore in stock futures.

 

Results to be declared today: Yes Bank, Wipro, Renuka Sugar, Thermax Ltd., Chambal Fert., Dr Reddy Lab

 

 

Advice for – Monday, July 20, 2009

Friday: Indian stock market went beyond technical and fundamentals. It was expected that nifty will reach 4400 if it breaks 4320 in a two to three days. But in a single day, nifty broke 4320 and also tested 4400.

 

Today: Indian Stock Market is expected to open flat even though Asian market trades 1-1.5% up as we went up quite sharply so bull should take breath for quite some time. We also expected profit booking at these levels but now every small dip is a buying opportunity.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14745) The support for the Sensex is 13700 and the resistance to the up move is at 15000.

 

NSE Nifty: (4375) The support for the Nifty is at 4100 and the resistance to the up move is at 4450.

 

F&O Cues: FII were net buyers of 691 crore in Index Future and sellers of 272 crore in stock futures.

 

Results to be declared today: Essar Oil, Sterlite Tech, Triveni Engg., Merck Ltd, IDFC, JSW Steel

 

 

Advice for – Friday, July 17, 2009

Yesterday: As we predicted, Indian Stock Market opened with a bull gap and at level of 4320, profit booking brought down the market. Market almost closed flat.

 

Today: Indian Stock Market is expected to open positive. Again 4320 is a major resistance level if nifty would trade above that level than next target for the nifty would be 4500 till than do trade in small quantities as we would see both side movements until 4320 level for nifty is breached.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14250) The support for the Sensex is 13700 and the resistance to the up move is at 14500.

 

NSE Nifty: (4231) The support for the Nifty is at 4100 and the resistance to the up move is at 4320.

 

F&O Cues: FII were net buyers of 113 crore in Index Future and sellers of 11 crore in stock futures.

 

Results to be declared today: India Info, TCS, CG, Colpal, Kirloskar Bro, SKF

 

Advice for – Thursday, June 16, 2009

Yesterday: As we predicted, Indian Stock Market opened with a bull gap and went up continuously. Market closed above its crucial resistance of 4200.

 

Today: Indian Stock Market is expected to open with big bull gap about 50-60 points on the nifty but again market would see some profit booking so we advice to book the profits in the market wait till some time and again enter in the market once it crosses it’s major resistance level of 4320.

                           

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14253) The support for the Sensex is 13700 and the resistance to the up move is at 14500.

 

NSE Nifty: (4234) The support for the Nifty is at 4100 and the resistance to the up move is at 4320.

 

F&O Cues: FII were net buyers of 543 crore in Index Future and buyers of 456 crore in stock futures.

 

Results to be declared today: Bajaj Auto, L&T, Welspun, ZEE, Exide, ICI Ind

Advice for – Wednesday, July 15, 2009

Yesterday: As Predicted by us, Market opened in the green and traded above its resistance level of 4035. As we said if it traded continuously above 4035, than next target is 4100 which was achieved yesterday.

 

Today: Indian Stock Market is expected to open with narrow positive gap say 15-20 points on the nifty and we will see stock specific action in the market but definitely today we will see some consolidation after yesterday up move. But one thing is very clear that one should not short in the market as it is expected that market should go up in the upcoming days.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (13854) The support for the Sensex is 13000 and the resistance to the up move is at 14000.

 

NSE Nifty: (4111) The support for the Nifty is at 4050 and the resistance to the up move is at 4200.

 

F&O Cues: FII were net buyers of 558 crore in Index Future and buyers of 753 crore in stock futures.

 

Results to be declared today: CMC Ltd, Bajaj Fin, Cipla, IDBI Bank, TV18

 

Advice for – Tuesday, July 14, 2009

Yesterday: As predicted by us, Indian Stock market open down with more than 1% and in second half it recovered again due to short covering. Sensex closed with 100 points down.

Today: Indian Stock Market is expected to open positive with almost 40 points in Nifty. It would be very interesting to see whether nifty would breach and trade above resistance of 4035. And if it closes above or nearer to that range 4100 is the next target on nifty.

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS. 

BSE Sensex: (13400) The support for the Sensex is 13000 and the resistance to the up move is at 13600. 

NSE Nifty: (3974) the support for the Nifty is at 3915 and the resistance to the up move is at 4035. 

F&O Cues: FII were net sellers of 272 crore in Index Future and buyer of 314 crore in stock futures.

Results to be declared today: HDFC Bank, J&K Bank, Power Finance Corporation, Syntex India, Blue Dart

Advice for – Monday, July 13, 2009

Yesterday: Market tanked down in few minute by another 500 points from the top and closed down by 250 points. Friday’s sell off is mainly done by reliance stock which melt down by 4-5%.

 

Today: Indian Stock Market is expected to open widely negative. Nifty is expected to open 1% down. It would be very interesting to see whether nifty will trade below 3900 mark and if it is so than we would see a level of 3800 in the nifty soon.   

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (13504) The support for the Sensex is 13000 and the resistance to the up move is at 13600.

 

NSE Nifty: (4004) the support for the Nifty is at 3900 and the resistance to the up move is at 4050.

 

F&O Cues: FII were net buyers of 83 crore in Index Future and buyers of 675 crore in stock futures.

 

Advice for – Friday, July 10, 2009

Yesterday: Was an another boring day for the market as we have witnessed both side movements in a narrow range so definitely market still is not able to decide which side to go. Market closed pretty flat.

 

Today: Indian Stock Market is expected to open flat to negative as global cues are quiet. All eyes are now set on Infosys result which would decide the direction of the market at least for a day or two so till that lets hope for the best else next target would be around 13000 on sensex.   

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (13757) The support for the Sensex is 13500-13000 and the resistance to the up move is at 13960.

 

NSE Nifty: (4080) the support for the Nifty is at 4000 and the resistance to the up move is at 4135.

 

F&O Cues: FII were net buyers of 62 crore in Index Future and buyers of 346 crore in stock futures.

Advice for – Thursday, July 9, 2009

Yesterday: As predicted by us, Indian Stock Market opened with a negative gap and went down sharply. But due to partial short covering it recovered almost 250 points in mid session. At every higher level, shorts were seen which brought down the market to about 400 points.

 

Today: Indian Stock Market is expected to open flat to negative after yesterday’s big fall. We are expecting quite trading in the first half and than we may see both side movements but overall market will continue to trade in a negative zone.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (13769) The support for the Sensex is 13500-13000 and the resistance to the up move is at 13960.

 

NSE Nifty: (4079) the support for the Nifty is at 4000 and the resistance to the up move is at 4135.

 

F&O Cues: FII were net sellers of 250 crore in Index Future and buyers of 274 crore in stock futures.

Advice for – Wednesday, July 08, 2009

Yesterday: Indian Stock market consolidated after a huge fall of 7% a day earlier and closed positive led by cement, FMCG sectors.

 

Today: Indian Stock Market is expected to open negative mainly because of negative global cues. Technically still we are firmed on our target of 12500-12800 for sensex so one can create shorts at every higher level.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14170) The support for the Sensex is 14000 and the resistance to the up move is at 15000.

 

NSE Nifty: (4202) the support for the Nifty is at 4100-3870 and the resistance to the up move is at 4285        .

 

F&O Cues: FII were net buyers of 207 crore in Index Future and buyers of 341 crore in stock futures.

 

Advice for – Tuesday, July 07, 2009

Yesterday: Indian Stock market cracked due to lack of few announcements in the budget. Nifty breached all its support levels and closed below 4200.

 

Today: Indian Stock Market is expected to open flat to positive may be due to partial short covering but technically nifty would go below 4000 for sure so best move for those who has made short yesterday is do not square off your position even if sensex moves up by 200-300 points and those who haven’t made any position can short @ every higher level.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14043) The support for the Sensex is 13500 and the resistance to the up move is at 14890.

 

NSE Nifty: (4166) The support for the Nifty is at 4100 and the resistance to the up move is at 4250.

 

F&O Cues: FII were net sellers of 982 crore in Index Future and sellers of 172 crore in stock futures.

 

Advice for – Monday, July 06, 2009

Last trading session: As we said earlier that market looks up till union budget and the market closed positive on Friday.

 

Today: Union Budget is going to be declared today and we would suggest staying away from the market if you are not seeking any expert advice as market would be quite volatile today and can go in any direction, anytime. Positive budget will bring another bull run in the markets.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14913) The support for the Sensex is 14650 and the resistance to the up move is at 15200-15400.

 

NSE Nifty: (4424) The support for the Nifty is at 4340-4250 and the resistance to the up move is at 4600.

 

Advice for – Friday, July 03, 2009

Yesterday: Indian Stock market open flat again and went down sharply. It again pare the losses and closed flat, so no sign of any direction.

 

Today: Indian Stock Market is expected to open negative but we may see bounce in the market. We are out of the market till the budget as market won’t give any clue for further movements.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14658) The support for the Sensex is 14500 and the resistance to the up move is at 14890.

 

NSE Nifty: (4349) The support for the Nifty is at 4210-4250 and the resistance to the up move is at 4390.

 

F&O Cues: FII were net buyers of 10 crore in Index Future and buyers of 120 crore in stock futures.

 

Result to be announced today:  Educomp

 

 

Advice for – Thursday, July 02, 2009

 

Yesterday: Indian Stock market open flat and went up followed by sharp correction. Market went up sharply due to positive opening of European market so overall very bad day for traders as fluctuation was @ its best.

 

Today: Indian Stock Market is expected to open positive due to positive global cues also due to positive steps to increase fuel prices by govt. But again we are nearer to our resistance level of 14900-14950 so we firmly believe that one should stay away from trading and trade cautiously.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14645) The support for the Sensex is 14500 and the resistance to the up move is at 14890.

 

NSE Nifty: (4340) the support for the Nifty is at 4210-4250 and the resistance to the up move is at 4390.

 

F&O Cues: FII were net sellers of 238 crore in Index Future and seller of 18 crore in stock futures.

 

Advice for – Wednesday, July 01, 2009

Yesterday: As we said Indian stock Market would move up only if breaches resistance of 15000 for sensex but market again failed to cross its resistance level near 15000 for sensex and it corrected sharply. Market closed below support level of 4300 for Nifty.

 

Today: Indian Stock Market is expected to open flat to positive but still we believe that market will be up till budget so 4250 is a crucial support to be watch out for.

 

Note: Stocks to trade for intraday, short-term delivery, long term delivery, short selling and Futures and when to exit those stocks would be sent to paid subscribers live during the market hours through SMS.

 

BSE Sensex: (14494) The support for the Sensex is 14200 and the resistance to the up move is at 14890.

 

NSE Nifty: (4291) the support for the Nifty is at 4210-4250 and the resistance to the up move is at 4350.

 

F&O Cues: FII were net sellers of 583 crore in Index Future and seller of 303 crore in stock futures.