Monday, June 30, 2008
our first tgt achived 13700 & next tgt 13200.
Sell Bhel Keep Sl 1403 tgt 1365,1350
Sbi Next tgt 1100Tata chem. Sl 301 tgt 282,275
Friday, June 27, 2008
IS It Black Friday?
Crud Oil Heat the mkt. Crud will Burn Mkt.
Inflation also negative mkt. Yesterday Fresh Short seen in Nifty.
Only Reliance can change of Mkt. If Reliance Sustain above 2150 it will goes up.
Oil Drilling Stocks Will be positive at decline.
Sell Bhel below 1400
Sell Adlabs Keep SL 500
Wednesday, June 25, 2008
In Market you can see gapdown Opening 13700. in nifty today or tommorow 4000 level possible.
RBI increase 0.50 basis CRR & Repo rate its negative for mkt. and also for Auto & Housing Sector. Bank Will increase Interest rate. In Market you can see gapdown Opening 13700. in nifty today or tommorow 4000 level possible.
gail declair 1:2 Bonus
Bhusan Steel Sell Below 820 tgt 800 then after 750 is next support.
Tata Power sell tgt 1050
Two Day before we Told you IT in panic and now You can See whats happen in IT.
Monday, June 23, 2008
In nifty You can see level up to 4250.
In nifty You can see level up to 4250.
Yesterday Nifty made a low of 4,333 and closed below the low it formed on June 10 and also below the trend line connecting the lows since January 2008, giving a lower-top lower-bottom signal, which according to Dow theory is a weak sign. On the hourly chart of Nifty, we have a negative crossover of 20 HSMA and 50 HEMA, which is also a feeble sign.Bears dominated the market breadth with 148 advances and 1,088 declines.
In Apollo Hospital good breakout seen with volume If sustain above 500 with volume you can see level up to 520,530.
In HDFC you can see downtrend up to 2100
In Decline Buy Ranbaxy it can't break 500 level.
Scrip Name Support Levels Close Resistance Levels Action
-----------------------S1----S2---(Rs)---R2---R1
NIFTY Futures---4300-4329-4348-4371-4400-----Go short below S2.
Adlabs Film--------512---518---522--526---532----Go short below S2.
Century Text------542---549--555---561---569----Go short below S2.
DLF---------------443---449--456---461---467-----Go long above R2.
ICICI Bank--------722---729--735----741---749----Go short below S2.
Infosys-----------1800--1819-1828--1841--1869----Go short below S2.
JP Associates------162----165--167---169---172-----Go long above R2.
Reliance----------2051--2079-2097--2121--2150----Go short below S2.
Reliance Capital--1000--1009-1021--1031---1045---Go short below S2.
SBI--------------1220--1235--1247---1261--1280---Go long above R2.
Friday, June 20, 2008
Today mkt will open flat to positive or negative. IIP data will come. mkt expectation is 9.80 % and below mkt take positive. BUt if IIP come in double digit mkt can take negative. Overall today YOu can see Roller Coster movement. Nifty can take a support near 4450.
Balaji Tele Buy SL 205 tgt 215,220
Walchand nagar Keep SL 321 tgt 336,342
Cadila saw a positive moement in today trading session Keep SL 320
Reliance keep SL 2300 And sell on rise
Century Text Sl 603 tgt 590,585
ScripName------Support Levels-Close-Resistance Levels----Action
--------------------S1-----S2---(Rs)-----R2--- R1----------
NIFTY Futures---4410--4460--4490--4520--4560-----Sell below S2.
Adlabs Film--------528---538----546---560----572-----Buy on decline at S2.
Century Text------566---585----596---605-----615-----Sell below S2.
DLF---------------564---571-----478---489-----495-----Buy on decline at S2.
HUL---------------225--227-----232---235-----239-----Sell on rise to R2.
ICICI Bank--------737---748----753---765-----780-----Buy on decline at S2.
Infosys-----------1795--1830--1860---1882---1902----Buy on decline at S2.
Reliance----------2187--2230---2245---2263---2281----Sell below S2.
Reliance Capital--1035--1050---1086---1108---1131---Sell on rise to R2.
Thursday, June 19, 2008
Dowjones -132, Nasdaq -28 Will also negative for india mkt
Sell Drready SL 700 tgt 675,660 / Technology Stocks Also in panic MOOD.
Sell Re cap Sl 1166 tgt 1120,1105
Buy Wockhard above 245 tgt 250,255
Scrip Name Support Levels Close Resistance Levels Action
--------------------S1---- S2--- (Rs)---- R2---- R1
NIFTY Futures --4500--4540--4566--4590--4630--Sell below S2.
Adlabs Film-------545----561---567---574----583--Sell on rise to R2/Sell below S2.
DLF-----------------472----487---492---504----513--Sell below S2.
ICICI Bank---------751----778---785---797---817--Sell below S2.
Infosys------------1820--1839--1866---1881--1902--Sell on rise to R2.
Reliance-----------2200--2260--2283--2301--2330--Sell below S2.
Reliance Capital--1070--1110--1144--1152---1171---Sell below S2.
Wednesday, June 18, 2008
Nifty have a support near 4600 & Sensex make a support near 15500 level.
Buy Acc Above 635 Once it will cross 637 next move up to 643,648
In Decline Buy Torrent Power Ready to up move SL 102 tgt 110 and above that 114,118
In decline BUY BHEL SL 1500
Sell Tata Power Keep SL 1302 tgt 1279,1265
Sell CESC SL 425 tgt 415,410
Tuesday, June 17, 2008
Nifty Have Support near 4550-4535
Go long in nifty above 4550-4535
All OIl Drilling Sector Stocks Looks positive. Like Atlas copco, Jindal Dril, shiv vani oil.
Ashapura Mine Buy above 201 tgt 206,210
ABAB Buy above 3750 tgt 3770,3790 Sell Below 3725 tgt 3710,3690
Look positive - Balmer lawri, EIL,
Scrip Name---- Support Levels----Close--- Resistance Levels---Action
----------------------S1---S2---(Rs)---R2---R1
NIFTY Futures---4500-4540-4570-4600-4650--Go long above R2.
Adlabs Film--------545---561---566---571--578--Go short below S2.
Century Text------564---580---588---595--609--Go short below S2.
DLF----------------475---485---491---496--501--Go short below S2.
ICICI Bank--------775---789---799---806--820--Go long above R2.
Infosys-----------1855--1898--1907--1924--1941--Go short below S2.
J P Associates-----173---177----179----181---184--Go short below S2.
Reliance----------2240--2261--2285-2301--2340-Buy on decline to S2.
Reliance Capital--1068--1096---1120--1131---1160-Go short below S2.
SBI---------------1300--1320--1326--1335--1340--Go short below S2.
Tata Motors-------504---511----516---522---530---Go long above R2.
Tata Steel---------833---843---848--854---864----Go short below S2.
Monday, June 16, 2008
The crucial level to watch is 4,550 on upside and 4,480 on downside
The markets opened on a positive note with an upside gap on the Sensex, but were not able to hold the sentiment due to selling at higher levels. Throughout the day, the markets traded in a range of 4,563-4,491. Nifty has been facing resistance near the neckline of an inverted head
and shoulders pattern, as shown on the intra-day chart. Once the index surpasses the neck line, which is around 4,540 level decisively, it may test 4,680 on upside. The positive divergence between the price and the momentum indicator KST points likelihood of a short-term upmove.
The crucial level to watch is 4,550 on upside and 4,480 on downside. The market breadth was once again dominated by bulls.
On the hourly chart, the momentum indicator KST continued to ride positively and after breaching the zero line, traded in the positive territory, which indicates a possibility of a short-term uptrend. Our short-term bias is up for the target of 4,680 with the reversal at 4,360.
BUy IDFC SL 129 TGT 135,138 / TATA MOtors Keep SL 508 tgt 521,525
IBN 18 Looking Positive near term tgt 100
Scrip Name---Support Levels-Close-Resistance Levels Action
--------------------S1---S2---(Rs)---R2--R1
NIFTY Futures--4439-4479-4482-4531-4579-----Go long above R2,Go short below S2.
Adlabs Film-------536--545---551--559--567-----Go short below S2.
Century Text-----575--583---588--600--608-----Go short below S2.
DLF--------------470--475---480--494--502-----Go long above R2.
ICICI Bank-------748--757---765---771--780-----Go long above R2.
Infosys----------1821-1854-1864-1881-1901------Go short below S2.
J P Associates----173---175--179---181--184------Go long above R2.
Reliance---------2213-2249-2268-2291-2329-----Go long above R2.
Friday, June 13, 2008
Nifty on the hourly charts formed an inverse head and shoulders pattern, the breakout of which could pull it near 4,700 level, which is also the 38.2% retracement of the fall from 5,167 to 4,370. The crucial level to watch is 4,580 on upside and 4,500 on downside. The market breadth was
In favour of bulls. In Sensex it could touch 15500 level in this rally.
Buy Adlabs tgt 560,568,577 sl 531, / Buy Indian Bank SL 109 tgt 114,116 / LMW Buy above 1400 tgt 1425,1435 / SUzlon Buy above 255 tgt 260,265 sell below 250 tgt 246,241 / Titan sell on higher level SL 1100. Positive Stocks Sesa Goa, EKC, DLF, Alstom above 450.
Today Inflation data mkt exceptaion 8.30% .
Scrip Name Support Levels Close Resistance Levels Action
---------------------S1---S2--(Rs)--R2--R1---
NIFTY Futures--4439-4479-4499-4531-4579---Go long above R2.
Adlabs Film-------539--545--551---557--563---Go long above R2.
Century Text-----599--604--610---616--622---Go long above R2.
DLF--------------485--490--498---503--509---Go long above R2.
ICICI Bank-------729--734--742----752--759---Go long above R2.
Infosys----------1837-1859-1878--1901-1929---Go long above R2.
J P Associates----181--184---186---188--191----Go long above R2.
Reliance---------2213-2249-2282-2299-2330----Go long with stop loss below S2.
Reliance Capital-1099-1109-1126--1141-1159-----Go long above R2.
SBI-------------1300-1326-1340--1351-1370-----Go long above R2.
Thursday, June 12, 2008
Dow jones-200, Nasdaq -54 and RBI hike Repo rate will negative for mkt.
But Today as per Global Cues and also RBI Increse Repo Rate will put negative effect on mkt & bank ,Real Estate & Auto stocks also. Mkt will open below 15000 level. And the downside will continues possible. IIP No. also declared today and mkt exceptation 6-6.5%. All major mkt in red. Dowjones -200, Nasdaq -54.
Positive reason if IIP data will come above mkt exceptation & today IF good news coming from Reliance general meeting. otherwise we can not see recovery.
NIfty 52 week low 4369 react as a crucial support for nifty.
ScripName-----S1----S2----RS.---R2----R1----Position
Nifty--------4449--4473--4523--4541--4565--Go long above R2,Go short below S2.
Adlabs--------512---521---531---539---548---Go long above R2,Go short below S2.
Cent. Text----565---581---612---632---642---Go long above R2,Go short below S2.
DLF----------480---496---512---524---536---Go long above R2,Go short below S2.
Icici Bank--732---742---750---763---773---Go short belowR2.
Infosys----1861--1879--1892--1906--1941--Go short below S2.
J P Asso.-----179---181----184---187---190--Go long above R2.
Reliance-----2200--2239--2261--2279--2299--Go long above R2,Go short below S2.
Rel.Cap------1069--1092--1127--1138--1151---Go long above R2,Go short below S2.
SBI--------1279--1296--1310--1323--1335--Go short belowR2.
Wednesday, June 11, 2008
The day’s low at 4,369 would now act as critical intra
Torrent Pharma Keep SL 150 Tgt 160
Dishman Keep SL 300 tgt 310,315
BajajFinserv Buy above 675 tgt 685,695
Today You can news base movment in
Ranbaxy – Sell Company or Stack Sell
Grasim-Sell Unit
Natco Pharma- Collobration with foreign Company
Idea Cellular- Stack sell to Malasiya Telecom
GHCL- Stack Sell
Scrip Name----Support Levels Close Resistance Levels Action
----------------------S1---- S2---- (Rs)--- R2---- R1
NIFTY Futures-----4369- 4419 -4453 –4481-4529---- Go long above R2.
Adlabs Film ---------496—508--- 523--- 531—540---- Go short below S2.
Century Text -------566—574---581--- 585--- 590--- Go short below S2.
DLF ----------------467—475—480----486--- 492--- Go long above R2.
ICICI Bank ---------709—719--- 732--- 741--- 748--- Go long above R2.
Infosys ------------1800-1839- 1849 –1881- 1900--- Go short below S2.
J P Associates -------169—172—177-- -181--- 185-- Go long above R2.
Reliance ------------2139 –2164- 2199- 2224—2259-- Go long above R2.
Reliance Capital-----1070-1099- 1126- 1141- 1155- Go long above R2.
SBI -----------------1229 –1249- 1279- 1291- 1319- Go long above R2.
Tata Steel -----------799---- 809—821--- 827—835-- Go long above R2.
Tuesday, June 10, 2008
Nifty will face resistance on upside at 4,564.
Now as per the wave theory, we are expecting a bounce from the current evels up to 4,800, which is our short-term target for Nifty, while our revised short-term reversal is at 4,500. Nifty will face resistance on upside at 4,564. The next level to watch out for will be 4,714. However, on downside 4,448 level and low of the day 4,411 are important support levels. The market breadth was strongly in favor of bears with 1,039 declines as against 171 advances
Hot Stocks of the day Britania, IFCI
Tech Stocks Looks Week, Praj Ind Looks Week Its break 180 level & more downsides seen after break 170 level.
Bounce back possible in Bank & real Estate stocks.
Grasim Keep SL 2200 tgt 2250,2270
ScripName------S1---S2---RS.---R2---R1---Position
Nifty----------4419-4458-4487-4511-4539-Go long above R2.
Adlabs---------508---517--526--531--539-Go long above R2,Go short below S2.
Cent. Text-----555---565--575--585--594-Go long above R2,Go short below S2.
DLF------------464---475--481--491--499-Go long above R2,Go short below S2.
Icici Bank-------732---742--750--763--773-Go long above R2
Infosys---------1865-1889-1904-1916-1941-Go short below S2
J P Asso.--------179---181---184---187---190-Go long above R2
Reliance--------2109-2139-2163-2199-2218-Go long above R2,Go short below S2.
Rel.Cap---------1059-1079-1096-1112-1131-Go long above R2,Go short below S2.
SBI-------------1260-1279-1293-1303-1320-Go long above R2.
Monday, June 9, 2008
Dow Jones -394, Nasdaq -75 All Major mkt in RED.
Thursday We told you that this downtrend will continue up to 15300 and Friday you can see mkt bounce back from this level. Nifty Also Bounce back from this level. This bounce back will continues up to 16000-16200 level.
Today as per global mkt You can see gap down opening and mkt will break 15300 level
IN Nifty Today it will break 4540 level and you can see down trend up to 4510 level. In downtrend Also you can see level up to 4400-4450.
Sell NDTV Keep SL 405 tgt 392,387,382
Punj Lloyd you Can see level up to 264,258
Mc Dowell you can see level up to 1489,1466
TITAN Keep SL 1163 And Go short 1129,1111, 1084
ScripName....S1......S2.....RS.......R2......R1...Position
Nifty...........4549..4579..4613..4646..4689..Go long above R2,Go short below S2.
Adlabs.........541.....549....556....566....576...Go long above R2,Go short below S2.
Cent. Text..589.....597....605....621....634...Go long above R2,Go short below S2.
DLF.............499....509....520....531....539...Go long above R2,Go short below S2.
Icici Bank...746....759....771.....781....794....Go short below R2
Infosys.......1949..1976..1973..2005..2029....Go short below S2
J P Asso......196....199.....201....203....206....Go long above R2
Reliance...2181...2211...2239...2272...2300..Go short below S2.
Rel.Cap....1079...1099...1117..1151...1169...Go short below S2.
SBI..........1300...1324...1354...1371...1399.Go short below S2
Tata Steel..801..814...823....836...849..Go long above R2,Go short below S2
Friday, June 6, 2008
Bounce back seenup to 16000-16200 level
Yesterday We told you that this downtrend will continue up to 15300 and you can see mkt bounce back from this level. Nifty Also Bounce back from this level. This bounce back will continues up to 16000-16200 level.
AIR DECCAN keep SL 103 tgt 108,110
Buy GNFC SL 138 tgt 145,148
Praj Ind Keep SL 185 tgt 190,194
Unitech Sl 207 tgt 215,219,224
HDFC bank Keel SL 1250 tgt 1265,1275,1285
Mercator lines look positive
ScripName----S1---S2---RS.---R2---R1---Position
Nifty--------4611-4649-4671-4701-4740---Go long above R2,Go short below S2.
Adlabs-------562--569---574--581--587----Go long above R2,Go short below S2.
Cent. Text---594--605---624--631--639----Go long above R2,Go short below S2.
DLF---------515--522---538--546--555----Go long above R2,Go short below S2.
Icici Bank----759--769---781--791--800-----Go long above R2
Infosys-----1939-1959-1980-2001-2025--Go long above R2,Go short below S2
Thursday, June 5, 2008
NIfty have Resistance near 4640 The Good One Crude Near 120 The Bed One HIke in Petrol,Diesel Rate
Nifty broke the crucial support of 4,634 and finally closed way below that with a loss of 130 points. The Sensex formed an engulfing bear candlestick pattern, which indicates this downtrend to continue till the lower channel line, which is around 15,300. The corresponding level on Nifty is 4,500. The directional indicator ADX is signaling this downtrend to strengthen, which is further supported by the momentum indicator KST that continued to trade negatively. The level to watch on Nifty is 4,540 and if this is breached, the Nifty may test 4,500. While going upside, 4,635 may act as a resistance. The market breadth was dominated by bears
with an advance decline ratio near 1:3 in the favour of bears.
All Reliance Stocks Looks week GOD save them. Sell Tata Com Below 475 tgt 468,459,450. Tata Power may test 1100 level. Real Estate, metal stocks in panic.
Wednesday, June 4, 2008
New Listing Gokul & Anu Nifty support 4640 Resistance 4760
Gokul Refoils :-At 195 look atractive compare to other Peer company. You can see listing near 225.
Anu Lab :- Small cap IPO YOu. YOu can see good listing gain. YOu can see good interest in Retails and HNI category. It can list near 250-275.
Dowjones -103, Nasdaq -11
Nifty made a low of 4,634 and bounce back from this level. So Nifty Make a support at this level. The Sensex on the daily chart has formed an inside- day pattern, which indicates the uncertainty prevailing in the market. Nifty have a resistance near 4,765. The market breadth was once again dominated by bears.
In this 2,3 days govt. will decided to hike rate in petroleum product so positive for oil company stocks and negative for Auto stocks & mkt.
Hexaware Buy in today decline SL 60 tgt 63, 65
Buy Ultratech Cement SL 639 tgt 650, 658,666
IBReal Estate above 444 tgt 455,464
IBsec KEEP SL 100
Sell Dr ready 700 tgt 685,677,666
Sell ABB Keep SL 1003 tgt 980,973
ScripName--S1----S2----RS.----R2----R1----Position
Nifty------4641--4679--4706--4731--4775--Go long above R2,Go short below S2.
Adlabs------592---599---607---613---623--Go long above R2,Go short below S2.
Cent. Text--650---660---669---675---685--Go long above R2,Go short below S2.
DLF---------567---573---582---587---596--Go long above R2,Go short below S2.
Icici Bank----740---749---760---767---777--Go long above R2,Go short below S2
Infosys-----1881--1899--1923--1931--1954--Go long above R2,Go short below S2
J P Asso.-----201---204---206---208---210--Go long above R2,Go short below S2
Reliance-----2359--2389--2407--2427--2450--Go long above R2
Rel.Cap------1079--1096--1117--1131--1149--Go long above R2,Go short below S2.
SBI----------1350--1365--1385--1407--1431--Go long above R2,Go short below S2
Tata Steel-----844---853---862----867---880--Go short below S2.
Tuesday, June 3, 2008
Dowjones -134, Nasdaq -32 All major mkt in red
Before week we told ypu that all scrip chart base negative and you can see what happen.
Yesterday we told you that 16235 is last hope for Bulls and if broken then you can see more downside up to 4760 and it achived. Now game in BEARS team hand you can see more downside up to 15500 level to 15000.
Now mkt have current resistance near 4760 and next tgt 4550-4600
Adlabs Keep SL 600 tgt 582,575,560
At Decline buy SBI, NTPC, JP Associate Keep SL 200
More downside in Tata steel. Sterlite,DLF
Now Punj Lloyd make major resistance near 300 and You can more down side up to 275,250
Monday, June 2, 2008
Last Hope and support for Sensex 16235 In Nifty 4800
line, which is near 4,760. The crucial level to watch on Nifty is 4,900 and 4,960 on the upside and 4,830—4,800 on the downside. The market breadth was once again dominated by bears.
EKC Buy above 315 tgt 320,325
Buy Castrol SL 295 tgt 305,311,315
Laxmi Machine Sl 1500 tgt 1525,1538
Ess Dee Daily performance make higher Top day by day look positive SSL 450
Sell TATA Steel Below 900 tgt 886,875