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Saturday 30 July 2011

Intraday Stock Tips For Monday 01-Aug

Marico Ltd. (All TGTs Hit)
Buy above 168 for target of Rs 170.40-172-173.25 with placing a stop loss of Rs 165.

GTL Ltd. (All TGTs Hit)
Buy above 76 for target of Rs 76.50-77.35-78 with placing a stop loss of Rs 73.40.

Jindal Poly Films Ltd. (All TGTs Hit)
Sell around 261-262 for target of Rs 257-253-250 with placing a stop loss of Rs 266.

Friday 29 July 2011

Markets Outlook For Monday 01-Aug

With the beginning of new derivative contract, Nifty is likely to consolidate in coming trading sessions. Nifty may follow the weak to subdued cues from the global markets till Aug- 2nd till the talks are over in US. The short term trend for Nifty is expected to be bearish.

Nifty could find immediate supports at 5,450 - 5415 levels and the resistance at 5,540 -5,575 levels. Nifty is expected to consolidate between 5,400-5,600 levels.

Thursday 28 July 2011

Intraday Stock Tips For Tomorrow 29-July

Reliance Industries Ltd.
sell below 834 for target of Rs 826-820-815 with placing a stop loss of Rs 841.

Jindal Poly Films Ltd.
sell below 263 for target of Rs 260-258-256.55 with placing a stop loss of Rs 267.

Sun TV Network Ltd.
Buy above 340 for target of Rs 344-346.60-348 with placing a stop loss of Rs 334.70

Bank Nifty Futures Intraday Tips For Tomorrow 29-July

Bank Nifty Futures Index Lost 189 points today and closed at 10827.  For next intraday trading session, Bank Nifty Futures is expected to vary in the ranges of 10700 – 10950, and if it trades below the level 10700 then it would go down up to next support 10570. On the upside if Bank nifty futures trades above at 10950, then it would go high up to next resistance 11050.

Markets Trend/Outlook For Tomorrow 29-July

Nifty continued sluggish sessions and slipped near the support of 5,471 level on F&O Expiry. Nifty rollover figure at the end of trading session was at 61.47%. Weakness is there in its belly but being the first day of the August F&O contract, we may see value buying tomorrow at lower levels. Nifty is having support at 5,455 and 5,420 while the resistance is there at 5,525 and 5,560.

Negative momentum is likely to continue in coming trading sessions if indices sustain below 18,190 / 5,465 level. Any move dip, indices may test 18,000 / 5,400 level. On the upside, downside gap area of 18,350 - 18,330 / 5,520 - 5,550 levels may act a resistance zone in coming trading session. In case of a move beyond this resistance, indices may test 18,465 - 18,560 / 5,585 - 5,600 levels.

Wednesday 27 July 2011

Intraday Stock Tips For Tomorrow 28 July

GAIL (India) Ltd. (call not executed)
Buy above 463 for target of Rs 466-469-471.70 with placing a stop loss of Rs 455.

Indian Oil Corporation Ltd. (SL Hit)
Buy above 322.50 for target of Rs 326-328.40-331+ with placing a stop loss of Rs 318.

Dish TV India Ltd. (partial Profit booked)
Buy above 83 for target of Rs 85.65-86.50-87 with placing a stop loss of Rs 81.70

Markets Outlook For Tomorrow 28-July

Indian Stock Market traded choppy today and remained rangebound. Both Indices Nifty and Sensex closed on a sluggish note for the second consecutive session. Nifty slipped below the support levels of 5550 and closed at 5546.80 levels losing 28 points or 0.5%  ahead of July series F&O expiry.

On daily charts, Nifty breached its crucial support zone of 5550- 5530 after the formation of bearish ENGULFING PATTERN in the last session. Today Nifty made a low of 5521 which is near to its 50-day SMA.

For intraday trading tomorrow, 5520 - 5490 - 5470 levels may act as the immediate support on the downside whereas 5570 - 5600 will act as immediate resistance for Nifty. Major resistance for Nifty is still at 5635 - 5650. Volatility is expected due to July F&O expiry tomorrow.

Tuesday 26 July 2011

Share Tips For Tomorrow 27-July

Amtek India Ltd.
Buy above 118 for target of Rs 120.55-123-124.70 with placing a stop loss of Rs 115.

Jindal Poly Films Ltd.
Sell around 278-280 for target of Rs 274-271.40-269 with placing a stop loss of Rs 284.

Nifty Intraday Outlook For Tomorrow 27-July

Indian markets opened with a sideways bias but failed to manage up-trend. Nifty found unable to break last day's high and broke 5,600 levels on downside, which shows BEARS are having control at the moment.

For coming trading sessions selling pressure may continue if Nifty trades below 5,550 levels. On the upside, recovery may only be seen if Nifty manages to trade above 5,600 levels.

For intraday trading tomorrow, trend deciding level is at 5,580-5,600. If Nifty shows strength above these levels, then rally to 5,650/5,680/5,710 levels may be seen. If Nifty does not show strength above 5,600 levels then selling pressure till 5,550/5,520/5,480 may also be seen.

Monday 25 July 2011

Stock Tips For Tomorrow 26-July

Thermax Ltd.
Buy around 605-607 for target of Rs 615-622-626 with placing a stop loss of Rs 597.

Jyothy Laboratories Ltd.
Buy above 248 for target of Rs 251.40-253.25-255 with placing a stop loss of Rs 245

Hindalco Industries Ltd.
Buy above 180 for target of Rs 183-185-186.40 with placing a stop loss of Rs 176.80.


Nifty Intraday Outlook For Tomorrow 26-July

Indian Markets opened flat and closed at 5680 with good gains. Closing above 5,655 level is a positive signal for markets in coming sessions. For Next trading sessions market is expected to trade in a wide range of 5620-5750 with high volatility as account of RBI-Credit policy and reliance industries results ahead.

For intraday tomorrow the Nifty may trade in between 5,655-5,710 and the resistance may be at 5,750 and the crucial resistance may be at 5,800. The support for the Nifty may be at 5,635-5,610. Traders are recommended to buy Nifty at dips for the coming session.

Friday 22 July 2011

Intraday Stock Tips For Monday 25-July

MphasiS Ltd.
Buy above 445 for target of Rs 450-454-457 with placing a stop loss of Rs 439.60.

Sintex Industries Ltd.
Buy around 184-184.50 for target of Rs 187-188.75-189.60 with placing a stop loss of Rs 181.70.

Sesa Goa Ltd.
Buy above 284 for target of Rs 286.80-289-281.50 with placing a stop loss of Rs 281



Nifty Intraday Outlook For Monday 25-July

It was quite good week for Indian Stock Markets. The Sensex gained 0.8% while the Nifty closed with 0.9% gains during the week.

While commenting on Nifty for Monday it is expected that market may remain volatile. Today Nifty managed to close above 5,600 with considerable gains, however 5,650 level may continue to be danger area for the bulls. Until Nifty closes above 5,650 level, the possibility of loosing to support levels exists. Good support for Nifty exists at 5,540-5,500 levels. Monday will witness results of heavyweight Reliance and NTPC. Reliance results are likely to influence the market trend in short term. Nifty is likely to consolidate within 5,500-5,700 range.

Thursday 21 July 2011

Intraday Tips For Tomorrow 22-July

Suzlon Energy Ltd.
Buy at 52.75 for target of Rs 53.50-54.30-55 with placing a stop loss of Rs 51.80.

Sesa Goa Ltd.
Sell below 280 for target of Rs 275-272.40-270 with placing a stop loss of Rs 284.

Nifty Trend & Intraday Tips For Tomorrow 22-July

Indian markets witnessed selling pressure for the second consecutive day. Nifty has given a break down at 5550 level in intraday and closed below it which suggests market trend is bearish for coming trading sessions.

Selling pressure may continue if Bulls unable to protect 5,550 level, decisively the selling pressure may be continuing. For intraday tomorrow, Trend deciding level is at 5,550. If Nifty shows strength above this level, then rally to 5,580/5,620/5,650 levels may be seen. On the downside if Nifty does not show strength above 5,550 levels then selling pressure till 5,500/5,450/5,400 may also be seen.

Wednesday 20 July 2011

Stock Tips For Tomorrow 21-July

Housing Development & Infrastructure Ltd.
Sell below 156.80 for target of Rs 154.50-153-151.85 with placing a stop loss of Rs 160.

Jindal Poly Films Ltd.
Sell below 280 for target of Rs 275-272-270 with placing a stop loss of Rs 285.

Dena Bank
Sell around 80-80.50 for target of Rs 78.60-77.25-77 with placing a stop loss of Rs 82.

Nifty Outlook For Tomorrow 21-July

Nifty witnessed a sharp fall below the support level of 5,600 and closed below the middle Bollinger band of 5,585 and this level has become its immediate resistance. Above this level Nifty has resistance at 5615 and 5650 while the support may be seen at 5,540 and 5,500 levels.

For intraday trading tomorrow, trend deciding level is at 5,560. If Nifty shows strength above 5,560 levels, then rally to 5,585/5,615/5,650 levels may be seen. On the downside if Nifty trades below 5,540 levels then selling pressure till 5,500/5,450/5,400 may also be seen.