Sunday, August 31, 2008

TIPS FOR MARKET ON 01 SEP 2008

TOMORROW i.e, on 01 sep 2008 we will watch for nifty whether it trades above 4320 or not, tomorrows closing below 4320 will show weak sentiments for rest of the days in this week.if it closes above 4320 then we may see 4460 to 4500 level at the end of this week.tomorrows closing has got vital importance.its better to not trade till 11:00 hrs as we will watch only nifty movement.
one can stil buy punjlloyd if it trades above 300 throughout the day for next tgt of 320. better entry would be in between 292-296.
one can buy unionbank till 137 for tgt of 149-151 at the end of this week.strong short term chart.

Thursday, August 28, 2008

tips for market on 29 aug 2008

tomorrow market may open marginally up tracking u.s dowjones, but closing must be above 35-55 points on nifty.before entering in any position,wait till 11:00 am for slight consolidation and after that create any position, pick stocks with only minimum downside risk.
buy indiabullsrealestate in between 259-263 as it has limited downside risk.
buy punjlloyd in between278-282, it has strong short to medium term chart for tgt above 300, but first tgt of 292-296.
buy ster for tgt of 630 and above
one can accumulate rolta till 309 for tgt of 336-342 within two weeks, as it has strong charting pattern

Wednesday, August 27, 2008

TIPS FOR MKT ON 28 AUG 2008

TOMORROW MKT WILL DEFINATELY SHOW EXTREME VOLATILE MOVEMENT AHEAD OF TOMORROWS FNO EXPIRY.ANY FURTHER DIRECTION OF THE MKT CAN BE DECIDED AFTER TOMORROWS CLOSING ONLY.LETS WAIT AND WATCH FOR TOMORROW.
BUY PUNJLLOYD IN BETWEEN 280-282 FOR TGT OF 290 TIL FRIDAY.
BUY MPHASIS ON EACH DECLINE FOR TGT UPTO FIRST 240 AND THEN 252, IT HAS STRONG SHORT TO MID TERM CHART.
NO ANY CLEAR BUY SIGNAL FOR ANY STOCK.
clients those have created position in hindalco today can book their profit around 140-140.80,those who have positions in punjlloyd can hold it til 29o or otherwise exit call will be provided. those having bought drreddy@587 can hold it, exit call will be provided.

Tuesday, August 26, 2008

TIPS FOR MKT ON 27AUG 2008

TOMORROW WE MAY WITNESS SOME STRONG OPENING OF AROUND 25-35 POINTS ON NIFTY,AND CLOSING ABOVE 4380 IS SOMEHOW IMPORTTANT FOR NEXT UPMOVE TO A LEVEL OF 4460-4520 IN THIS MONTH. TOMORROW BANKING STOCKS MAY WITNESS SOME POSITIVE MOVEMENTS.]
BUY BANKINDIA @ CMP FOR TGT OF 266-274.
BUY INDUSINDBANK INBETWEEN 60-60.85 FOR TGT OF 63

Monday, August 25, 2008

TIPS FOR MARKET ON 26 AUG 2008

TODAY ALSO MARKET CLOSED SHOWING SOME WEAK PATTERN.TOMORROW WE MAY SEE SOME WEAK OPENING and almost negative clsing for the market.
buy educomp below 3360 for tgt of 3430-3470 till the end of this week.
buy ivrclinfra around 324-327 for tgt of 333-337.
buy ibrealest on decline upto 290 for tgt of 319 till the end of this week.
mphasis bfl may show some movement tomorrow upto 235-238.

Sunday, August 24, 2008

TIPS FOR MARKET ON 25AUG 2008

WHAT will be the direction of market from here onwards is not possible to predict at all. however we may see some stock specific movement in this week. we r still above 4320 on nifty, if we maintain above 4320 for atleast 2-3 days of trading session, then we may again touch 4460-4500 on nifty.
one can buy tata steel above 600 for tgt of 618-623 this week with minimum risk.
stil there r some movement left in ster til 645 level.
hindalco has the potential to touch 140-143 at the end of this week.
buy sail in between 148-149 for new tgt of 156 with stop of 144.

Wednesday, August 20, 2008

TIPS FOR 21AUG 2008

TODAYS MARKET CLOSING WAS IN POSITIVE BUT WITH LOW VOLUME, GIVING NO ANY CLEAR SIGN OF FURTHER UPSIDE OF MORE THAN 200 POINTS.WHAT I DISCUSSED EARLIER REGARDING MOVEMENT IN METAL SECTOR IN MY PREVIOUS POST, APPEARED TRUE TODAY.CURRENTLY METAL SECTOR IS AVAILABLE WITH MINIMUM RISK AND MAY SHOW UPWARD MOVEMENT OF 10-15%. TRADE CAUTIOUSLY, DONT BE TOO OPTIMISTIC WITH SUCH A MARKET.
BUY SAIL IN BETWEEN 145-146 FOR TGT OF 151 THEN 156 TILL NEXT WEEK WITH STOP OF 138.
ONE CAN ACCUMULATE GLENMARK TILL 640 FOR ONE MONTH TGT OF 700.
go long in aban lloyd with 0% risk at current price for upside of 15-20%.
buy tata steel @ 605 for tgt of 630 till next wednesday.

Tuesday, August 19, 2008

TIPS FOR MARKET ON 20AUG 2008

TODAY AGAIN MARKET CLOSED WITH NEGATIVE BIAS, 4320 WAS NOT BROKEN BUT STILL TREND IS NOT CLEAR, IF BROKEN THIS SUPPORT THEN AGAIN MAY COME DOWN TO 4030. PLAY VERY SAFELY AT THIS TIME.PHARMA AND IT SECTOR STILL LOOKS GOOD FOR TRADING, IF MARKET RALLYS THEN GO FOR BANKING SECTOR.LIKE BANKINDIA, BANKOF BARODA, KOTAK BANK, AXIS BANK.
GO LONG IN HINDALCO FOR TGT OF 143.
BUY HCC ABOVE 101 FOR TGT OF 108.
ACCUMULATE MPHASISBFL TILL 216 FOR TGT OF 240.

Monday, August 18, 2008

TIPS FOR MARKET ON 19AUG 2008

TODAY'S CLOSING IS ALSO WEAK ON THE CHARTS,HOWEVER IT STOCKS PERFORMED WELL WHAT I SAID IN MY PREVIOUS POST.ROLTA HAS ALMOST REACHET ITS TARGET PRICE.WE HAVE A STRONG SUPPORT AT 4320 ON NIFTY. WE CAN SEE A SHORT TERM RALLY FROM HERE ONWARDS.IT SECTOR STILL LOOKING ATTRACTIVE, IN BANKING SECTOR PREFER BANKINDIA, AXIS BANK AND HDFC BANK.
go long in hindoilexp for tgt of 138-140.no risk
one can make position in mphasis bfl till216 for tgt of 240.

Sunday, August 17, 2008

ROAD AHEAD OF THE MARKET FOR 18 AUG ONWARDS

MARKET CLOSED ON THURSDAY GIVING A NEGATIVE QUE FOR THE NIFTY FOR COMING WEEKS, inflation remains a major point of worry for our market, however we have a major support at 4320. still there r some stocks in which someone can go long with least risk.
buy drreddy lab above 592 for tgt of 630 with stoploss below 570.
go long in rolta for tgt of 340.
go long in mphasisbfl for tgt of 240 at the end of this month.
buy pantaloon retail above 382 for tgt of 402
go long in i-flex for tgt of 1380 and then 1430.
IT SECTOR WILL LEAD THE SPACE.

Tuesday, August 12, 2008

TIPS FOR 13 AUG 08 MARKET

MARKET IS BEHAVING IN A HEALTHY WAY IN A PREEXPECTED MANNER,AS TODAY SOME PROFIR BOOKING WAS EXPECTED AND IT HAPPENED, THATS QUITE GOOD FOR THE HEALTH OF OUR MARKET. we can expect nifty to cross 4680 to 4720 in coming days.
buy chambalfert for tgt of 90-92. with no stop loss.
buy idfc for tgt of 120-125
buy gmr infra for tgt of 115-118.
go long in rolta for tgt of 330.

Wednesday, August 6, 2008

market for 07 aug 2008

Tomorrow we may witness a movement of 40 points on either side.road ahead of the market is showing a decent flattish movement.we will witness only stock specific movements in coming days as market will be more or less flat only.no big downside in coming days. Auto stocks may lead the show.
one can go for buy in ashokleyland for tgt of 34-36 with stop loss of 30.70
buy rpl at curent price for tgt of 190-194 in coming days.
buy rolta at 306 for tgt of 330 with stop of 300.