Stocks Intraday Tips For Today 01-Feb

BUY Mahindra Lifespace above 289, TGT 293-295, SL 285.00.

BUY NMDC Ltd. above 179, TGT 182-183.70, SL 176.00.

BUY Jet Airways    above 250.75, TGT 253.20-255.50, SL 247.60

SELL LIC Housing Fin. below 251, TGT 248.35-246, SL 254.25.

Nifty Futures & Bank Nifty Futures Trading Tips 01-Feb

Nifty Futures
Lot Size 50
Future Expiry : Feb 23, 2012   
Buy above 5233 for target of Rs 5248-5260 and stoploss of Rs 5215.

Bank Nifty Futures
Lot Size 25
Future Expiry : Feb 23, 2012       
Buy above 9930 for target of Rs 10020-10110 and stoploss of Rs 9850.

Nifty Trend For Tomorrow 01-Feb

Markets traded well today and both indices closed with handsome gains today. Nifty witnesswd good strength and closed in green near 5,200 levels. Buying momentum was seen in majority of sectors and majority of large caps participated in rally. Bulls are again showing momentum strength. Buying interest may be continuing above 5,200 levels. Profit booking may be seen if Nifty does not maintain above 5,200 levels.

For intraday trading tomorrow, trend deciding level is at 5,200. If Nifty shows strength above 5,200 levels, then rally to 5,250/5,300/5,350 may be seen. If Nifty does not show strength above 5,200 levels then selling pressure till 5,150/5,100/5,050 may also be seen.

TATA Steel Ltd. - A Best Stock To Pick

We recommend Tata Steel Ltd. as a buying opportunity. Of course we booked profits at around 458-460 but that's an entry on every decline. 445 is a level where one can buy that and I did not expect the correction to 432, but we are holding onto that. I would add onto this. 

I expect Tata Steel to go to somewhere around 480. We would add onto the position above 460, so our target over the next week is around 480 in Tata Steel, that would be our best pick in the commodity space.

Stocks Intraday Tips For 31-Jan

Dabur India Ltd
Buy above 93 for target of Rs. 95.50-97 with stoploss of Rs. 91.

Suzlon Energy Ltd
Sell below 26.20 for target of Rs. 25-24 with stoploss of Rs. 27.00

VIP Industries Ltd
Sell above 109 for target of Rs. 106.30-105 with stoploss of Rs. 111.20.

Jaiprakash Associates Ltd
Buy below 65.75 for target of Rs. 66.90-67.50 with stoploss of Rs. 64.85.

Strides Arcolab Ltd
Buy above 520 for target of Rs. 527-530 with stoploss of Rs. 515.

Stock Futures And Options Trading Tips 31-Jan

UNITECH LTD
Lot Size 8000
Future Expiry : Feb 23, 2012   
Sell below 25 for target of Rs 23 and stoploss of Rs 26.20

ILIC HOUSING FINANCE LTD
Lot Size 1000
Future Expiry : Feb 23, 2012       
Buy above 242 for target of Rs 250 and stoploss of Rs 236.

TATA MOTORS
Lot Size 4000
Future Expiry : Feb 23, 2012       
Sell above 116 for target of Rs 105 and stoploss of Rs 122.
BAJAJ HINDUSTAN LTD
Lot Size 8000
Option PE 30
Expiry : Feb 23, 2012
Buy above 0.80 for target of Rs 1.50 and stoploss of Rs 0.25.

AXIS BANK LIMITED
Lot Size 250
Option CE 1100
Expiry : Feb 23, 2012   
Buy below 10 for target of Rs 24.00 and stoploss of Rs 4.50.

Buy Sintex Industries - Looks Very Positive On Charts

Sintex industries Ltd. looks very positive and I have been managing long on Sintex for sometime now, as it is giving a massive pullback. As long as the stock manages to hold above about 75-74 I would be very comfortable. 87-88 is the first price target, possibility of 95 still exists on the charts.

I would be pretty okay, today's candle is negative but this can be overcome, we have had two-three days of good rally over here so one day's bad candle can be overcome if the short term supports hold out over here.

Stock Market Trend For Tomorrow 31-Jan

As expected both indices (Nifty and Sensex) witnessed profit booking at higher levels on weak global cues. Global developments as well as domestic cues relating to Q3FY12 results outcome will continue to influence the market trend ahead. On downside 5,050 and then 4,950-4,940 will act as major support levels for the short term.

Indian Equity Market is still in the over bought zone and one can expect further down trend in the near term. For intraday trading tomorrow Nifty will likely to test 5,068 and 4,992 levels as its support. The resistance levels are placed at 5,120 and 5,150 levels. The markets are likely to get affected by the European summit which may bring out rescue packages for Euro zone.

Best Stocks To watch On Monday 30-Jan

Best Stocks with uptrend which are recommended to buy :

• Bharti Airtel Buy above 376, TGT 382-385, SL 372.
• Reliance Indus Buy above 823, TGT 835-840, SL 810.
• Tata Global Buy above 97.40, TGT 99-100.50, SL 96.
• Godrej Indus Buy above 197.50, TGT 202-204, SL 194.70.

Stock Futures & Options Trading Tips

GAIL (INDIA) LTD
Future Expiry : Feb 23, 2012       
Buy above 378 for target of Rs 395 and stoploss of Rs 369.

INDIAN OIL CORP LTD
Future Expiry : Feb 23, 2012       
Buy above 293 for target of Rs 325 and stoploss of Rs 284.

COAL INDIA LTD (Lot Size 1000)
Option PE 300
Expiry : Feb 23, 2012
Buy above 2.50 for target of Rs 8.00 and stoploss of Rs 0.70.
TATA STEEL LIMITED (Lot Size 500)
Option CE 440
Expiry : Feb 23, 2012   
Sell above 34 for target of Rs 16 and stoploss of Rs 44.

Nifty Intraday Outlook For Monday 30-Jan

This entire month of January has brought lots of cheers for Indian Equity Markets.  Both bench mark indices (Nifty & Sensex) gained more than 10%. RBI's move helped a lot in boosting up markets. For Nifty short term trend is looking positive and and Rupee appreciation and strong EURO may continue adding further uptrend.

For Intraday trading on Monday 30 Jan, Nifty has strong support at 5,130 levels. Up move in the market will face stiff resistance at 5,220 levels; as this is 200 days moving average, and any trades above the same will lead to higher levels in markets of 5,300 and 5,400. On the lower side breach of 5,130 will be viewed negatively for lower level targets of 5,050 and 4,950.

Intraday Share Trading Tips For Today 27-Jan

Satyam Computer Services Ltd.
Buy near 74 for target of Rs. 76-77.70 with stoploss of Rs. 72.

Bata India Ltd.
Buy at 638-640 for target of Rs. 645-648.70-652 with stoploss of Rs. 634.60.

Petronet LNG Ltd.
Buy above 167 for target of Rs. 170-172 with stoploss of Rs. 164.60.

Sesa Goa Ltd.
Buy above 211 for target of Rs. 215-217.55 with stoploss of Rs. 208.50.

SAIL
Buy near 100 for target of Rs. 102.40-104 with stoploss of Rs. 98.60.

Happy Republic Day To All My Friends - Take Proud To Be an Indian

Aao jhuk kar salam kare unko, jinke hisse me ye mukam aata hai, khusnasib hota hai wo khoon jo desh ke kaam aata hai.

“HAPPY REPUBLIC DAY”

One Nation, One Vision, One Identity
“No Nation is Perfect, it needs to be made perfect.”
Meri Pehchaan Mera Bharat.

Nifty Outlook and Trading Tips for Friday 27-Jan

At current levels Nifty is having positive trend for short term period but technically a correction may be seen. For intraday trading on Friday 27-Jan Nifty has strong support at 5110. Below this level it could find next support at 5030. On the upside Nifty has immediate resistance at 5202, and if it trades above this level then rally to 5240-5275 may also be seen.

On Friday new future series will open and it is expected that Nifty may touch the level of 5225. It is recommended to buy Nifty as long as it trades above 5130 levels.

Intraday Share Tips For 25-Jan

Century Textiles & Industries Ltd
Buy above 264.50 for target of Rs. 268-270 with stoploss of Rs. 261.

Housing Development & Infrastructure Ltd
Buy above 81 for target of Rs. 83-84.60 with stoploss of Rs. 79.

NCC Ltd
Buy above 54.60 for target of Rs. 55.55-56.15 with stoploss of Rs. 53.85.

Voltas Ltd
Sell below 95 for target of Rs. 92.30-91 with stoploss of Rs. 97.60.

More stocks to watch :
Stocks With Buy Recommendations : IDBI Bank, Apollo Tyres, UCO Bank, M&M, Sesa Goa.
Stocks With Sell Recommendation : BHEL, DLF, Larsen & Toubro

Stock Futures and Options Tips 25-Jan

CANARA BANK
Future Expiry : Jan 25, 2012       
Sell above 475 for target of Rs 464 and stoploss of Rs 479.

UNITED SPIRITS LIMITED
Future Expiry : Feb 23, 2012       
Buy above 590 for target of Rs 625 and stoploss of Rs 572.

RELIANCE COMMUNICATIONS LTD.
Option PE 95
Expiry : Feb 23, 2012
Buy above 6.25 for target of Rs 10 and stoploss of Rs 5.10.

JSW STEEL LIMITED
Option CE 640
Expiry : Feb 23, 2012   
(Call Closing on Feb 23, 2012)
Sell above 39 for target of Rs 15 and stoploss of Rs 48.

Financial Technologies - A Good Stock To Buy For Target 750

Financial Technologies is looking good on chart and has met one of the targets of Rs. 700, which is some kind of a supply point. However, overall after a few days of consolidation, it might head towards 750, which is the 200-day average, so there is still some kind of upside left. 

Traders and recommended to buy this stock with placing a price target of Rs. 750 for short term (10-15 days) period. Stoploss can be placed below 680.

Nifty Intraday Outlook For Tomorrow 25-Jan

Indian markets made sound gains on the notes of clear positive trend today. As I said, banking sector will outperform and it did. While capital goods, metal and realty sectors too made smart gains.

While commenting on Nifty Outlook, tomorrow being the expiry of F&O contract of January month, and high volatility is expected throughout the session. Technically Nifty has breached 5,100 level successfully but faced resistance at 5,150 level. Above 5,150, Nifty could find next resistance at 5,245-50. On the downside 4,950 has become a major support level for the short term.

Stocks Intraday Tips For Tuesday 24-Jan

Jet Airways (India) Ltd
Buy above 242 for target of Rs. 245-247 with stoploss of Rs. 239.65.

Hindalco Industries Ltd
Buy above 138 for target of Rs. 140.35-142 with stoploss of Rs. 136.

LIC Housing Finance Ltd
Buy above 241 for target of Rs. 244-246.30 with stoploss of Rs. 238.35

Maruti Suzuki India Ltd
Sell below 1058 for target of Rs. 1050-1045 with stoploss of Rs. 1165.

Stock Futures and Options Tips 24-Jan

SESA GOA LTD
Future Expiry : Feb 23, 2012
Sell below 188 for target of Rs 182 and stoploss of Rs 191.

IDEA CELLULAR LIMITED
Future Expiry : Feb 23, 2012
Buy above 89 for target of Rs 93.50 and stoploss of Rs 85.60.

RELIANCE INDUSTRIES LTD
Option PE 740
Expiry : Feb 23, 2012
Buy above 15 for target of Rs 23 and stoploss of Rs 11.00

TATA STEEL LIMITED
Option CE 460
Expiry : Feb 23, 2012
Buy above 10.40 for target of Rs 6.00 and stoploss of Rs 20.00

Nifty Outlook and Trading Strategy For Tomorrow 24-Jan

Indian stock markets closed flat today with almost flat notes. High volatility can be seen in markets this week as Monetary Policy on 24th and F&O expiry on 25th will provide the next trigger for the market. Moreover it is a shortened week on account of holiday on Thursday Jan 26.

For intraday trading tomorrow Nifty could find support at 5,000 and resistance are likely to placed at 5,075-5,145. Technically the market trend is up but I would be cautious and be ready to short the market if it breaks the crucial support of 5,000. The market has so far managed to stay above the crucial 5,000 mark and yet taking care to stay below the crucial 5,075 mark technically the market is stretched and 5,000 remains the crucial support level to watch for shorting and should be considered up as long as 5,000 holds.

Nifty Trading Strategy For Tomorrow 24-Jan
Trade long in Nifty above 5,050 levels, else from 5,030 levels with stop loss placed at 5,000 levels for targets of 5,080 and 5,100 levels.

Bank Nifty Trading Tips - Bank Stocks To Buy on Declines

Bank Nifty gets into some kind of a consolidation, so the movement is just about starting on Syndicate Bank, Karnataka Bank, UCO Bank, etc. Bank Nifty has gotten to some kind of resistance around 9500-9600. To have a fresh trade, you need to have some kind of a decline towards 9250-9300 and that probably is the strongest index.

Karnataka Bank again if there is nothing negative say tomorrow, chances are that Karnataka Bank could move back into three digits because these smaller banks have not really moved up, so now there will be a catch-up act on all of these smaller banks once.

ICICI Bank also looks good for levels of about Rs 930-935. On the downside, you are now looking at support around Rs 780. So broadly on all declines, this one is a buy.

Intraday Stock tips For Monday 23-Jan

Jindal Steel & Power Ltd
Buy above 535 for target of Rs. 542-546 with stoploss of Rs. 531.

Titan Industries Ltd
Buy above 192 for target of Rs. 193.90-195 with stoploss of Rs. 190.40.

Dhanlaxmi Bank Ltd
Buy above 57.55 for target of Rs. 59.20-60.50 with stoploss of Rs. 56.

IDBI Bank Ltd
Buy above 96 for target of Rs. 97.70-99 with stoploss of Rs. 94.30.

More stocks you can buy on Monday are :

• Biocon Ltd
• Aban Offshore Ltd
• Crompton Greaves Ltd
• Power Finance Corporation Ltd

Nifty Intraday Outlook and Trading Strategy For Monday 23-Jan

It was third consecutive week for positive trading in stock markets. Auto, capital goods and oil & gas, too, made significant gains. The Sensex was up 3.8% while the Nifty gained 4% during the week.

While commenting on Nifty Outlook for Monday 23-Jan, Nifty has strong support at 4,950 levels. Current market trend for Nifty looks positive in the short term. Immediate resistance for Nifty can be placed at 5075 level and sustaining above this level will be a positive sign for the markets, and may even be exposed to higher levels of 5,150 and 5,220.

Moreover coming week will be a shortened week on account of holiday on Thursday January 26. Monetary Policy on 24th and F&O expiry on 25th will provide the next trigger for the market.

Trading Strategy For Monday 23-Jan

Trade long in the Nifty above 5,050 or 5,020 with a stop loss below 5,000 for targets of 5,080 and 5,100 levels.

Its Good Time To Invest In Banking Sectors

Banking as a sector is something that it has a very high elasticity price as it were and the first move tries to drive people back into that sector. I would only caution that that sector is not yet out of the woods globally and, therefore, there is likely to be an increased regulation, which will impact overall earnings profile of banking sector. While there is nothing on the horizon just yet, I would just say that one should keep that at the back of the mind in terms of taking an overweight position on that sector.

Stock Futures and Options Tips 20-Jan 2012

VOLTAS LTD
Future Expiry : Jan 25, 2012       
Buy above 89 for target of Rs 95 and stoploss of Rs 86.

BOMBAY DYEING & MFG. COM LTD
Future Expiry : Dec 25, 2012       
Buy below 447 for target of Rs 460 and stoploss of Rs 440.

BAJAJ HINDUSTAN LTD
Option CE 30
Expiry : Feb 23, 2012
Buy above 2.50 for target of Rs 5.00 and stoploss of Rs 1.50.

RELIANCE INDUSTRIES LTD
Option PE 740
Expiry : Jan 25, 2012   
Buy above 7.00 for target of Rs 11 and stoploss of Rs 5.20.

Nifty Intraday Outlook For Tomorrow 20-Jan

The markets made a strong gain today and managed to close above its important psychological level of Rs. 5000. Realty and metal sectors were the biggest gainers in today's session and banking and auto sectors, too made substantial gains. 

At current level Nifty is showing momentum strength and likely to trade positive to flat. On upside, Nifty could find some resistance levels at 5060-5100 zone and profit booking may be seen from this levels. On downside, Nifty has support levels at 4950-4900. High volatility may be seen in markets for tomorrow trading as last trading day of week. 

For Intraday trading tomorrow, trend deciding level is at 5,000. If Nifty shows strength above 5,000 levels, then rally to 5,060-5,100-5,150 may be seen. If Nifty does not show strength above 5,000 levels then selling pressure till 4,960-4,900-4,850 may also be seen.

Stocks To Trade On Monday 16-Jan

Stocks To Buy	Stocks To Sell
NTPC	Coal India
Lanco Infratech	JSW Steel
JP Power Ven.	Sintex Inds.
Reliance Media
Suzlon Energy

 

Nifty Trading Strategy For Monday 16-Jan

It is recommended  to buy Nifty on every decline though I would agree that Nifty is not giving you those kinds of moves which some of the individual stock patterns are suggesting. So, there is a good chance that Nifty may consolidate but that cannot be termed as weakness at all. I would suggest buy onto every decline, every correction, that is a better phrase, and I do not see 4800 being broken. So 4840-4850 can be a good buying level and 4930 to say the least is an intraday target, possibly it can even extend to 5000 maybe in this week or maybe another week.

Nifty Intraday Outlook For Monday 16-Jan

It was second consecutive positive week for Indian Stock Markets. Realty, Metals and Banking sectors were the biggest gainers, while Auto and capital goods were substantial gainers. As of now, the level of 4,900-4,910 is providing resistance on the upside. Above 4,910, next resistance is at 4,950. HCL Tech and TCS results on January 17 are likely to provide the next trigger for the market.

Intraday Stock Tips For 13-Jan

LIC Housing Finance Ltd
Sell below 236 for target of Rs. 232-230 with stoploss of Rs. 239.

Bajaj Hindusthan Ltd
Buy above 30.70 for target of Rs. 31.80-32.50 with stoploss of Rs. 29.50.

Hindalco Industries Ltd
Buy above 132 for target of Rs. 135-137 with stoploss of Rs. 129.80.

Educomp Solutions Ltd
Sell below 211 for target of Rs. 208-205.70 with stoploss of Rs. 214.55.

Nifty Intraday Outlook & Trading Strategy 13-Jan

Weakness in IT sector lead the markets to close in red today, though banking, auto and metal sectors gave good support to the indices to close in moderate loss.

For Intraday trading tomorrow Nifty could find resistance levels of 4,870-4,900 on upside. Above 4,900 next resistance is at 4,940-4,950. Important support level exists at 4,750.

Nifty Futures Trading Strategy

We recommend a sell with a stop loss of 4,910 for a target of 4,770. Over the course of next few sessions, the level of 4,680 will assume high significance. Till the time it trades above 4,680, there still is a possibility that Nifty may continue its upside, however a breach of 4,680 would imply the continuation of bearish trend and a retest of 4,530.

Stocks In Uptrend With Buy Recommendations

Gujarat Fluorochemicals Ltd.

I put my views as bullish on Gujarat Fluorochemicals Ltd. After a long time the stock is now showing signals of an important low being made and this one can be bought with a price target of Rs 430 and a stop at Rs 394.

Bajaj Electricals Ltd.
There is one more stock Bajaj Electricals Ltd in which I am quite strong and believe that it can do well in coming trading days. We have been seeing some accumulation happening on the institutional side as well right from the last few weeks, that's a stock to watch out and it could kind of start getting into a new range. Buy it for a price target of Rs. 180 with placing a stoploss below 153.

Stocks Intraday Tips for Today 12-Jan

Dish TV India Ltd
Buy below 60.50 for target of Rs. 62.60-63 with stoploss of Rs. 59.20.

Jet Airways (India) Ltd
Sell below 203 for target of Rs. 200-198 with stoploss of Rs. 205.40.

IndusInd Bank Ltd.
Buy above 273 for target of Rs. 276.30-278.50 with stoploss of Rs. 270.

Sterlite Industries (India) Ltd.
Buy above 101 for target of Rs. 102.70-104 with stoploss of Rs. 99.55

Buy Kemrock Industries - Best Stock To Invest For Medium Term

Kemrock Industries & Exports Ltd.(KIEL) is looking bullish these days and we recommend to buy it for price target of 570 at current level.

KIEL is a fully integrated global leader in the manufacture of Fibre Reinforced Composite Materials. KIEL manufactures and exports FRP/GRP (Composite) Products for major industrial sectors such as aerospace, defense, renewable energy, wind energy, railways, chemical processing, oil and gas, water and waste water management, infrastructure, construction, electrical and electronics, marine, telecommunications.

Kemrock Industries & Exports Ltd. has reported net profit of Rs 154.94 million for the quarter ended on September 30, 2011 as against Rs 137.62 million in the same quarter last year, an increase of 12.59%. It has reported net sales of Rs 2377.17 million for the quarter ended on September 30, 2011 as against Rs 1692.70 million in the same quarter last year, a rise of 40.44%. Total income grew by 41.73% to Rs.2404.02 million from Rs.1696.23 million in the same quarter last year. During the quarter, it reported earnings of Rs 8.88 a share.

We expect that the company will keep its growth story in the coming quarters also. We recommend 'BUY' in this particular scrip with a target price of Rs 570 for medium term investment.

Nifty Intraday Outlook and Trading Strategy For Tomorrow 12-Jan

It was rangebound trades in Indian stock markets today. Nifty respected the resistance levels of 4,870-4,880, and just managed to touch the intraday high of 4,877.20 level. Tomorrow is expected to be highly volatile trading session as heavyweight Infosys and HDFC will announce their results. Moreover IIP numbers will be declared during the trading session may also influence the sentiments.

In tomorrow trading session if Nifty manages to trade above the level of 4,865 then we may see rally to 4,900-4950 levels. However we advise a cautious approach till the time it is unable to register a break out above 5,100 level. Above 4,880 next resistance is at 4,910 and then 4,940-4,950. Important support exists at 4,750.

Stock Futures & Options Tips 11-Jan

BHARTI AIRTEL LIMITED
Future Expiry : Jan 25, 2012       
Buy above above 335 for target of Rs 347 and stoploss of Rs 326.

DEVELOP CREDIT BANK LTD
Future Expiry : Dec 25, 2012       
Buy above 38.80 for target of Rs 44 and stoploss of Rs 36.

SHREE RENUKA SUGARS LTD
Option CE 32.50
Expiry : Jan 25, 2012
Buy above 0.60 for target of Rs 2.00 and stoploss of Rs 0.35.

TITAN INDUSTRIES LTD
Option CE 200
Expiry : Jan 25, 2012   
Buy 1.20 for target of Rs 4.00 and stoploss of Rs 0.70

Nifty Intraday Outlook For Tomorrow 11-Jan

It was a cheerful trading session for the Indian Stock Markets.  Both benchmark indices traded very well and closed with handsome gains of ~2.25%. Nifty has given a positive breakout today. The short term trend has turned positive and from here on more upside cannot be ruled out. However high volatility can be expected since Q3FY12 result season has started. Global developments will continue to influence the market sentiments.

For intraday trading tomorrow 11-Jan, Nifty has resistance at 4,900-4,950. On the downside supports are placed at 4,770-4,720 levels.

Buy Jindal Steel & Power Ltd. - Stock Recommendations

By looking on daily charts we are bullish on Jindal Steel & Power Ltd. and has recommended buy rating on the stock with a target price of Rs 510.

"Jindal Steel & Power, the decline from its recent November'11 highs halted near the crucial support levels of Rs. 445 - 450 levels and formed a Bullish Inverted Head & Shoulder Pattern. The Right shoulder formed a Bullish Hammer with a long lower shadow which further increases the strength of the current pattern. The counter has given a bullish breakout from the Inverted Head & Shoulder pattern with a big white candle which is a bullish signal.


The stock simultaneously observed the violation along with the falling resistance line which increases the probability of a successful breakout. The RSI has breached the descending trend line drawn from its October'11 highs; which is a bullish signal. The prices are likely to face resistance in the medium term near the 100 sma which stands at Rs. 515 levels respectively.

Buy Jindal Steel & Power at CMP Rs 494; Stop Loss: Rs 486; Targets: Rs 510; Rs 518 (Short Term 2-3 days) & Rs 535; Rs 545 (Medium Term Holding Period 2 Weeks.

Stocks Intraday Tips For 10-Jan 2012

Tata Steel Ltd
Sell below 360 for target of Rs. 356-354 with stoploss of Rs. 364.30.

Satyam Computer Services Ltd
Sell above 73.50 for target of Rs. 71-70 with stoploss of Rs. 75.20.

Voltas Ltd
Buy below 80 for target of Rs. 82-83.20 with stoploss of Rs. 78.50

Hindustan Petroleum Corporation Ltd
Buy above 242 for target of Rs. 245.45-247 with stoploss of Rs. 238.70

Nifty Futures and Bank Nifty Futures Tips 10-Jan 2012

Nifty Futures
Future Expiry : Jan 25, 2012       
Buy above 4750 for target of Rs 4787-4810 and stoploss of Rs 4724.

Bank Nifty Futures
Future Expiry : Jan 25, 2012       
Buy above 8488 for target of Rs 8790 and stoploss of Rs 8300.

Nifty Intraday Outlook For 10-Jan 2012

It was flat day for Indian stock markets today. Both bench mark indices were choppy and closed with moderate loss. Nifty has been trading in the range of 4,675-4,800 for 6 consecutive days. Volatility may be continuing until Nifty manages to sustain above 4,800 or below 4,675 levels.

For intraday trading tomorrow 10-Jan, trend deciding level is 4,750. If Nifty shows strength above 4,750 levels, then rally to 4,800-4,835-4,900 may be seen. If Nifty does not show strength above 4,750 levels then selling pressure till 4,700-4,650-4,600 may also be seen.

Nifty could find resistances at 4,860-4,910 levels, while on the downside, supports are placed at 4,680-4,650 levels for Intraday trading tomorrow on 10-Jan 2012.

Shree Renuka - A Best Stock To Buy at Current Levels

Shree Renuka Sugars Ltd. is recommended to buy at current levels. On charts the stock is looking very attractive, in fact last week I had suggested traders should buy it and that suggestion still remains valid even after today's almost 7.50% gain. From the last week these 3-4% gains sound impressive in terms of percentage but now with their prices it is just Rs 1. So even at current prices Shree Renuka is a buying opportunity. Eventually if this trend sustains, I think it will reach Rs 37-38- or Rs 40, short-term traders will have to look for more modest targets.

Shree Renuka Sugars Ltd. has broken out of a long trading range and its a buying stock even at current levels, keep a stop just under Rs 27 and look for a target of Rs 31 and then Rs 34 for a week.

Nifty Weekly Outlook 09-13 Jan'2012

If we look at Nifty last week performance, Nifty witnessed a new high but was unable to close above it. For next week if Nifty closes above 4,825 on the upside, then Nifty could find resistances at 4,860-4,900 levels. At the higher end of these levels, Nifty has resistance from the 50 day moving average (dma) as well as a downward sloping trend line gives it a resistance. On the downside, supports are placed at 4,610-4,525 levels in the near term.

TCS - Best Stock To Pick Among All IT Stocks

These days TCS is a best stock to pick in IT sector. The stock has been looking good for investing short term to medium term. Earnings will be good for IT both on the topline and bottomline, the currency move on the whole be positive for IT, so numbers atleast ahead of expectations. 

HCL Tech and TCS are the ones to look at for this earnings season. Infosys Ltd. has rallied substantially because of the outperformance in last earnings. TCS was a little damper compared to expectations, it’s traditionally been the winner, but we expect it to come back pretty strongly, so TCS would be the foremost pick followed by HCL

Stock Futures and Options Tips 06-Jan 2012

CESC LTD
Future Expiry : Jan 25, 2012      
Buy below 207 for target of Rs 215 and stoploss of Rs 204.

PANTALOON RETAIL (I) LTD
Future Expiry : Dec 25, 2012      
Buy below 133.25 for target of Rs 140 and stoploss of Rs 130.

DLF LIMITED
Option CE 200
Expiry : Jan 25, 2012
Sell below 2.50 for target of Rs 0.40 and stoploss of Rs 4.25.

K S OILS LIMITED
Option CE 5
Expiry : Jan 25, 2012  
Sell below 0.90 for target of Rs 0.10 and stoploss of Rs 1.15

Nifty Outlook For Tomorrow 06-Jan

It was a see-saw day of trade for the Indian stock markets which opened marginally positive and then traded within a tight range. Nifty witnessed profit booking from resistance near 4,800 levels and closed flat. Nifty is trading in 4,800-4,700 zone for last two consecutive days, until Nifty manages to trade above 4,800 or below 4,700 levels, volatility may be seen. Decisive price action may be seen above 4,800 or below 4,700 levels. 

For intraday trading tomorrow 06-Jan, trend deciding level is 4,750. If Nifty shows strength above 4,750 levels, then rally to 4,800-4,835-4,900 may be seen. If Nifty fails to show strength above 4,750 levels then selling pressure till 4,700-4,650-4,600 may also be seen.

Buy United Spirits Ltd. - Stock Recommendation To Buy

I would suggest a buy on United Spirits Ltd. The stock has resistance around Rs 575- 580. One could long it for price target of Rs. 595-600 for short term period.

United Spirits is bouncing sharply of a recent low; it seems to have hit resistance of about Rs 575- 580. If it crosses Rs 575- 580, than it will probably move till about Rs 595- 600. Very volatile and very difficult to tell on today's move whether you have any supports close to the current price. So if you are going long, I suggest keep a stop loss at about Rs 545- 550, and increase the position above Rs 580, and move the stop loss up till about Rs 575 or so.

Nifty Outlook and Trading Strategy 05-Jan 2012

For Intraday trading tomorrow Thursday 05-Jan, the market is expected to take cues from the global markets and may open on a flat note. Nifty could find resistance level at 4,800 and 4,825 while 4,720 and 4,660 levels are the support levels. Nifty outlook still remains sideways and a break above or below 4,850 and 4,660 respectively will give a trend to the market movement.

Nifty Intraday Trading Strategy 05-Jan
Trade long in the Nifty above 4,750 levels with a stop loss at 4,720 for targets of 4800 levels. Alternatively, trade short if the Nifty fails to cross 4,800 levels with a stop loss of 4,820 for targets of 4,750.

Tata Motors - A good Stock To Buy

Tata Motors Ltd. has already crossed Rs 200 and the is expected that the momentum may continue ahead. It is one of the relatively more conservative trades today, so if you want to carry a position you can consider buying Tata Motors tomorrow for a gain next day. All traders must understand that if the markets open against you don’t wait patiently, just get out.

Cement Stocks Are Bearish - Sell Ambuja Cement, ACC, & Ultratech

All cement companies like Ambuja Cements, ACC and Ultratech are now making intermediate bearish patterns that suggest us that the bull market that they were going through is going to see a deep correction. So no matter what the fundamentals, I think this is a time to sell them or even go short in them. However this is not a time to buy. All of these stocks should be available at lower levels irrespective of what the broad market does.

Nifty Outlook For Wednesday 04-Jan 2012

It was a cheerful day for the Indian Stock Markets which opened gap-up and thereafter, moved from strength to strength following a pullback in beaten-down sectors. Gainers of the day were banks, IT, capital goods and metals sectors.

For intraday trading on Wednesday 04-Jan, Nifty could find its immediate resistance zone at 4810 and if nifty manages to trade above this level than rally to 4850-4900 can be seen. On downside Nifty could have support at 4700 level, and any trade below this level may drag Nifty to 4650-4600 levels.

Intraday Stock Futures Tips for 04-Jan 2012

JAIPRAKASH ASSOCIATES LTD
Future Expiry : Jan 25, 2012      
Buy above 55.50 for target of Rs 62 and stoploss of Rs 52.

HINDALCO INDUSTRIES LTD
Future Expiry : Dec 25, 2012      
Buy above 116 for target of Rs 125 and stoploss of Rs 112.60.

SHREE RENUKA SUGARS LTD
Expiry : Jan 25, 2012
Buy below 25.75 for target of Rs 28 and stoploss of Rs 24.40.

PATEL ENGINEERING LTD.
Expiry : Jan 25, 2012  
Buy below 82.50 for target of Rs 85.50 and stoploss of Rs 81.60

Sell Sesa Goa Ltd. - Share Tips For 04-Jan 2012

We recommend Sesa Goa Ltd. to sell at current level with a target price of Rs 154 for intraday trading tomorrow 04-Jan 2012.

Government of India has notified increase in export duty from 20% to 30% on iron ore fines and lumps. The hike will be effective December 30, 2011 and would impact Sesa Goa and NMDC adversely. Govt has last increased the duty from 5% to 20% in the Union budget 2011-12 affecting the industry adversely. This increase in export duty would reduce the effective realizations for the iron ore miners by 10% (in case of domestic sales) or increase the cost by the similar amount in the case of exports.

Buy JSPL for Price Target Of Rs. 640 - Stock Recommendation

Jindal Steel & Power Ltd. is recommended to buy with a price target of Rs 640 as against the current market price (CMP) of Rs 486.80 reported on 03-Jan 2012.

Currently JSPL has operational capacity of 1,000MW at Tamnar, Chattisgarh, which is one of the largest merchant capacities in India. In the near term the company is likely to register a healthy profit from the power segment as the cost of power generation remains broadly unchanged, given the company has a captive coal mine.

JSPL plans to increase its steel capacity 4 x over the next four years and power capacity 10x in 10 years. JSPL has one of the best iron ore and coal resources in India, with assets spread over various mineral-rich countries. Both its steel and merchant power businesses are insulated from input prices.

The stock has underperformed over the last 18-20 months, due to anticipation of slower earnings growth over FY11-13. We expect the stock to get re-rated again, as the visibility of projects and earnings improves over the next 12 months.

Intraday Share Tips for Today 03-Jan

LIC Housing Finance Ltd
Buy above 218 for target of Rs. 221-222.70-224 with stoploss of Rs. 215.20.

Hindustan Zinc Ltd
Sell below 115 for target of Rs. 113-111.45-110 with stoploss of Rs. 117.60.

Adani Enterprises Ltd
Sell above 290 for target of Rs. 286-284-282 with stoploss of Rs. 293.30.

Hindustan Petroleum Corporation Ltd
Sell 251.50 for target of Rs. 247-245-243.60 with stoploss of Rs. 255.

Nifty Futures and Options Tips 03-Jan

S&P CNX NIFTY
Future Expiry : Jan 25, 2012       
Sell below 4645 for target of Rs 4604 and stoploss of Rs 4660.

S&P CNX NIFTY
Option CE 4700
Expiry : Jan 25, 2012       
Buy below 91 for target of Rs 120 and stoploss of Rs 82.

Stock Futures & Options Tips 03-Jan

BHARTI AIRTEL LIMITED
Future Expiry : Jan 25, 2012      
Buy below 342 for target of Rs 351 and stoploss of Rs 338.

JSW STEEL LIMITED
Future Expiry : Dec 25, 2012      
Sell above 550 for target of Rs 524 and stoploss of Rs 559.

ICICI BANK LTD
Option CE 700
Expiry : Jan 25, 2012
Buy below 30 for target of Rs 40 and stoploss of Rs 26.

RELIANCE INDUSTRIES LTD
Option CE 700
Expiry : Jan 25, 2012  
Buy below 32 for target of Rs 45 and stoploss of Rs 25.

Nifty Intraday Outlook For Tomorrow 03-Jan

Nifty short term trend has turned bearish to sideways. Nifty made hammer candlestick pattern on daily charts which shows that bulls are trying to enter from support in 4,600-4,580 zone. On upside, Nifty has resistance at 4,650 levels. If Nifty manages to maintain above 4,650 levels then recovery may be seen else profit booking may be seen.

For intraday trading tomorrow 03-Jan 2012, trend deciding level is at 4,630-4,650. If Nifty shows strength above this levels, then rally to 4,700-4,750 may be seen. on the down side if Nifty does not show strength above 4,630 levels then selling pressure till 4,580-4,550-4,500 may also be seen.