Stocks Intraday Tips 08-Feb

SELL Adani Enterprises below 400, TGT 393-385, SL 410.

SELL Adani Power below 74, TGT 71-68.40, SL 77.50

BUY Jain Irrigation above 99, TGT 103-105, SL 95.80

BUY Central Bank below 99, TGT 102.30-103.50, SL 97.00

BUY Jet Airways above 342, TGT 348-352, SL 337.00

SELL Sesa Goa above 222, TGT 218-216, SL 225.35

Stocks Intraday Views & Recommendations 08-Feb

BHARTI AIRTEL LTD.

The stock witnessed a continuous down move during the trading hour and closed on negative note. At the current level the major trend in the stock is sideways. The stock is now facing resistance at 395 and has support at 370.Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.

Support : 370
Resistance : 395

More Stock Views and Recommendations

Markets Outlook For Tomorrow 08-Feb

Nifty showed selling pressure from resistance near 5,400 levels and closed in red. Nifty is having tough time near 5,400 levels. Further buying interest may be seen only above 5,400 levels. On downside, Nifty has support in 5,250-5,200 zone. For Daily Purpose, Trend deciding level is 5,350. If Nifty shows strength above 5,350 levels, then rally to 5,400/5,450/5,500 may be seen. If Nifty does not show strength above 5,350 levels then selling pressure till 5,300/5,250/5200 may also be seen.

Intraday Share Tips For Today 07-Feb

BUY Tata Power Co. Ltd. above 107.50, TGT 110-112, SL 105.00

BUY Cipla Ltd. below 350.60, TGT 355-357, SL 347.00

BUY Jindal Stainless above 79, TGT 82-84, SL 77.00

SELL Sesa Goa Ltd. below 228, TGT 225.20-223, SL 232.00

SELL Reliance Inds. below 830, TGT 823-816, SL 840.00

BUY Aditya Birla Nuvo above 855, TGT 864-870, SL 850.00

SELL BEML Ltd above 572, TGT 565-561, SL 576.00

Best Stcoks To Buy - Share Trading Recommednations

For last few sessions commodity stocks are in nice uptrends. Stocks like Sesa Goa and Sterlite are coming out of big bear markets and on all declines they should be bought. 

Sesa Goa can easily correct back towards Rs 200 but once we get past Rs 240, you will easily see Rs 280-290 coming in on Sesa Goa. Similarly on Sterlite, Rs 145-150 is likely. 

Metals will do well on days when global markets do well and chances are that this uptrend will continue for a bit. Tata Steel could easily get up to levels of Rs 500. The first bit of rally is over. Now the next decline will offer that opportunity to get in. So maybe if Tata Steel comes back to something like Rs 420-430, out there you will tend to get back into Tata Steel. The first big rally and then a small decline would lead to the opportunity where you can get back in.

Nifty Intraday Outlook For Tomorrow 07-Feb

As expected and said, Markets continued its bullish trend and witnessed smart gains today. Nifty surpasses the resistance of 5,265 and registers a break out of a fourteen month old Channel which shows a bullish indication. For the intraday trading tomorrow immediate resistance is now placed at 5,400 whereas 5,250 is an immediate support level. If Nifty manages to trade above 5400 level then rally to 5450-5500 can be seen in near term, on the downside if Nifty breaches 5250, then it may slide to 5200-5125 levels.

Intraday Stock Tips For Monday 06-Feb

BUY Allahabad Bank above 175, TGT 178-180, SL 172.00

BUY ICICI Bank above 920, TGT 932-940, SL 910.00

BUY BGR Energy Sys. above 242, TGT 246-248.55, SL 239.60

BUY BEML Ltd above 550, TGT 557-560, SL 545.00

BUY Biocon above 280, TGT 284-286.50, SL 276.00

Markets Trend For Monday 06-Feb

Nifty short term trend is strongly bullish, and it has given the fact that it is trading well above the 200 DMA of 5,194. Going forward for Nifty Outlook, it may find next resistance at 5,355 and 5,385 while the support level is there at 5,275 and 5,230. Traders are advised to be cautious as the Nifty volatility has started to move up from the lower levels showing that investors fear higher level selling.Global developments will continue to influence the sentiments, thereby making the markets highly volatile.

Intraday Share Tips For Today 03-Feb

BUY Power Fin.Corporation below 180, TGT 183-185, SL 177.50.

BUY Container Corporation below 955, TGT 970-975, SL 935.00.

BUY Orchid Chemicals below 173, TGT 175.70-178, SL 169.75.

BUY LIC Housing Fin. above 261, TGT 264-266.50, SL 258.

SELL Idea Cellular below 95.50, TGT 93-91.30, SL 97.80.

SELL RCOM below 96.25, TGT 94.50-93.40, SL 98.10.

Nifty Intraday Trend For Tomorrow 03-Feb

While commenting on Nifty Outlook, the short term trend has definitely turned bullish. However, global developments will continue to influence the market sentiments, thereby making the markets highly volatile. The levels of 5220-5210 will now act as support on the downside. On the upside, Nifty has some resistance in 5,300-5,350 zone.

For intraday trading tomorrow, trend deciding level is 5,280. If Nifty shows strength above 5,280 levels, then rally to 5,325-5,350-5,400 may be seen. On the other hand if Nifty does not show strength above 5,280 levels then selling pressure till 5,230-5,200-5,150 may also be seen.

Highly Bullish On Strides Arcolab - Buy With Price Target 625-650

On the chart, Strides Arcolab Ltd. is looking very exciting. We post our view bullish on the stock. Strides has gone into all time highs and from the 1st of January the stock has already gone up by about 35%-40% but my sense is that there are still good amount of trading upside left. You might get a pullback on a correction, a 10% drop can happen after 35% rise but overall this is a stock which on the charts suggest me a price target of about Rs 625 to Rs 650. There is good amount of upside left, if somebody is holding as investor over here can keep holding on.

Stock Futures and Options Tips

TCS LTD.
Lot Size 250
Future Expiry : Feb 23, 2012   
Buy below 1135 for target of Rs 1175 and stoploss of Rs 1124.

DABUR INDIA LTD
Lot Size 2000
Future Expiry : Feb 23, 2012       
Buy below 96.30 for target of Rs 99.50 and stoploss of Rs 95.00.

TITAN INDUSTRIES LTD
Lot Size 1000
Future Expiry : Mar 29, 2012
Buy above 198.50 for target of Rs 220 and stoploss of Rs 193.

CROMPTON GREAVES LTD
Lot Size 2000
Option CE 140
Expiry : Feb 23, 2012   
Buy below 6.00 for target of Rs 12.00 and stoploss of Rs 4.00.

Nifty Intraday Outlook For Tomorrow 02-Feb

Indian Equity Markets made moderate gains on the positive notes today.Metals and Capital Goods were the biggest gainers today, while Auto and Realty too made smart gains.

For Nifty Intraday Outlook tomorrow, trend deciding level is at 5230. If Nifty trades above this level then rally to 5275-5320 is expected. Technically Nifty has immediate resistance at 5,275 level. Above 5,275, Nifty could find next resistance at 5,350. On the downside 5180-5135 has become a major support level for Intraday trading.