Tag Archives: FII investments

Advice for – Thursday, March 05, 2009

BSE Sensex: (8446) market regain in the last hour of trade & still trading around major support level of 2650.Market mainly gain because of Metal support. Today market will start on positive note backed by RBI move & Positive global market. But we still believe that shorts will be the best opportunities on gain because market has not shown any strength unless market crosses the mark of 8700.

The support for the Sensex is 8150 and the resistance to the up move is at 8600-8700

Nifty: (2645) the support for the Nifty is at 2600-2550-2500 and the resistance to the up move is at 2700-2730

Advice for – Wednesday, March 04, 2009

BSE Sensex: (8427) market reached our first target of 8400 & moving towards our second target of 8100.We firmly believe that if 8150 should be held so some trading can be done on that level. But if it broke that level also than 7500 would be the next target for the sensex.

The support for the Sensex is 8150 and the resistance to the up move is at 8600-8700

 

Nifty: (2622) the support for the Nifty is at 2600-2550-2500 and the resistance to the up move is at 2700-2730

Advice for – Tuesday, March 03, 2009

BSE Sensex: (8607) as we said market has not shown any sign of up-moves & again we are in the process to see new lows. So stay away from the market and wait till this market broke the resistance level of 8800.Till that it is very weak market.
 

The support for the Sensex is 8390-8150 and the resistance to the up move is at 8700-8800

 

Nifty: (2675) the support for the Nifty is at 2630-2610 and the resistance to the up move is at 2730

Advice for – Monday, March 02, 2009

Last Week: Despite dismal GDP data our market recovered sharply and closed on a good support. Market is now showing some strength.

Today: Today it is interesting to show hove RIL share moves in the market most of analyst believe that RIL would be most beneficiary from this and it would surge when it opens on Monday but our team firmly believe that it is not the time to do trading activity in any of the reliance shares specially RPL. If you are investor than it is the good time to buy RIL else it is advisable to stay away even if it climbs today. Market movement will lot depend on RBI rate cut and global financial markets. But still we would like to stick on our point that any up move would be welcomed with a Shorting

BSE Sensex: (8891) The support for the Sensex is 8700 and the resistance to the up move is at 9000.

NSE Nifty: (2763) the support for the Nifty is at 2720 and the resistance to the up move is at 2800.
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Today’s Pick:

– Buy SBI around 996 with an intraday target of 1020-1035 with a tight stop loss of 990.
– Buy HDFC around 1260-1254 with an intraday target of 1280-1300

Profit booked through our yesterday picks:

– Yesterday target for L&T is completely achieved with a profit of 10rs per share.
– Cairn India just reached our first target of 170rs.

 

Advice for – Friday, February 27, 2009

Yesterday: As we said, Indian Stock Market didn’t show any movements due to last day of F&O but closed positive by 50 points.

 

Today: Market has not shown any sign of strength so far and every high must be capped by shorts.

 

BSE Sensex: (8843) The support for the Sensex is 8750-8630 and the resistance to the up move is at 9030-9157

 

NSE Nifty: (2786) the support for the Nifty is at 2730-2685 and the resistance to the up move is at 2824

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Today’s Pick:

 

          Sell L&T around 622 with a intraday target of 615-612

          Sell BHEL around 1430-1435 with a intra day target of 1418-1415

 

 

Profit booked through our yesterday picks:

          Cairn India might have given a profit of Rs 3 per share.

          HDFC didn’t reach our entry price, so trade was not executed.

Advice for – Wednesday, February 25, 2009

Yesterday: As predicted market opened with negative trend and gradually started to see some short covering rally and ended flat.

 

Today: Indian Stock Market will see some more short covering rally as F&O expiry date is approaching. But don’t expect much upside trend, so profit booking should be done at every up move till this expiry.

 

BSE Sensex: (8843): The support for the Sensex is 8600 and the resistance to the up move is at 9000.

 

NSE Nifty: (2736) the support for the Nifty is at 2680 and the resistance to the up move is at 2800.

 

Today’s Picks:

 

Buy Lnt 628 with intraday

Buy ICICI @ 338 intraday

Buy RIL @ 1263 for intraday

Buy Relcapital @ 376 for intraday

 

 

 

Profit booked through our yesterday picks:

 

As we suggested buying

          Reliance at Rs 1210 and it must have given profit of 40 Rs on one share.   

          SBI at 996 and it reached the same level it must have given a profit of Rs 30 per share

          Cairn India at Rs 149 and it must have given profit of Rs 7-8 per share.

          ICICI Bank at Rs 315 and it must have given profit of Rs 7 per share.

 

So Stay connected and Keep visiting EquityPandit.com to book handsome profits in Stock Market

 

 

 

Advice for – Monday, January 12, 2009

Today: The Indian Stock market still looks down. Market may start with some down trend.

 

BSE Sensex: (9406) The support for the Sensex is 9080 and the resistance to the up move is at 9700.

 

NSE Nifty: (2873) The support for the Nifty is at 2790 and the resistance to the up move is at 2990.

 

Factors to watch out: Corporate Results and IIP numbers.

 

Today’s Pick: Buy GVKPIL on intraday basis.

 

Stay away from F&O as market is very volatile and can move in any direction. Such movement can auto square-off without giving a chance to your broker to inform you to put more money.

 

For any queries, thoughts and suggestion use MessageBoard. Your all queries would surely be answered by our Financial Analysts.

 

Advice for – Thursday, January 01, 2009

 

First of all, EquityPandit.com team wishes you all and your family a very Happy New Year and may this New Year load you up with wealth, prosperity, good health and happiness. In this coming new year, new are the hopes and aspiration, new is the resolution, new are the spirits and forever our warm wishes are for you and your family

 

The Indian stock market has managed to stay above the crucial supports of 9495 and has stayed flat the entire trading session and thus bringing an end to a very bad year for the stock markets. Hope 2009 turns out to be a good trading year.

 

Year 2009 would surely be a better year than 2008 for stock market and investments. But the first few months would be hard. Breaking level for nifty would be 2800, breaching this point would mean that one could again see October 2008 lows. Till than nifty would be range bound. We don’t suggest long or medium term deliveries at this time. Good time for short term deliveries (say a day or two), not a very good time for trading ( in margins or F&O).

 

BSE Sensex: (9647) The support for the Sensex is 9495 and the resistance to the up move is at 9675-9990.

 

NSE Nifty: (2959) the support for the Nifty is at 2900 and the resistance to the up move is at 3035.

 

Factors to be watch out: Inflation and much awaited second stimulus package.

For any queries, suggestion and thoughts, kindly post a comment below.

Advice for – Wednesday, December 31, 2008

 

The Indian stock market unfolded as expected and it could be up or flat on the last day of the calendar year. Crucial support to watch is 9495.

 

 Markets are remaining volatile and is giving very fast buy and sell signals . But nobody knows when these signals, may turn into decisive signal for either side. So if trading has to be done every signal has to be taken care.

 

Market would surely see down trend in the end of January 09 due to disclosure of poor corporate results, So this would be good time for profit booking i.e no deliveries or buying should be done at this time, rather it is the time to sell your stocks. Cautious day trading can be done today as market is expected to see some uptrend today and would end flat.

 

Few good stocks for day trading are Cairn india, GMR infra, RCOM, SBI, JP Associate.

 

BSE Sensex: (9716)The support for the Sensex is 9495 and the resistance to the up move is at 9675-9990.

 

NSE Nifty: (2980) the support for the Nifty is at 2900 and the resistance to the up move is at 3035.

 

Advice for – Monday, December 15, 2008

Today: Indian stock market would see positive trend. Market would open with positive index. We would suggest to book profits if you can.

 

BSE Sensex: (9690) The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.

 

NSE Nifty: (2920) the support for the Nifty is at 2860 and the resistance to the up move is at 3113.

 

Our first target of 10000 levels for sensex will reach soon. The FII outflow for the year 2008 till date has crossed 54,000 crores. But now Dollar index has fallen and the Commodities are going up. Rupee is rising which will give confidence to the FIIs to start investing in Indian Stock Market.

 

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