Nifty Futures & Bank Nifty Futures Tips 07-March

Nifty Futures

Buy Nifty Fut above 5245 for price target of Rs. 5270-5290 with keeping a stoploss of Rs. 5224.
ELSE

Sell Nifty Fut below 5200 for price target of Rs. 5167-5145 with keeping a stoploss of Rs. 5222.

Bank Nifty Futures

Buy Bank Nifty Fut above 10090 for price target of Rs. 10205-10288 with keeping a stoploss of Rs. 10026. ELSE

Sell Bank Nifty Fut below 10020 for price target of Rs. 9930-9845 with keeping a stoploss of Rs. 10074.

Nifty Intraday Trend For Tomorrow 07-March

Nifty witnessed selling pressure today and closed in red below 5,250 levels. Bears are having control at the moment. On downside, Nifty has some support near 5,170 levels. If Nifty manages to hold 5,170 levels then recovery may be seen, else selling pressure may be continuing.

For intraday trading tomorrow, trend deciding level is at 5,220. If Nifty shows strength above 5,220 levels, then rally to 5,270-5,300-5,350 may be seen. If Nifty does not show strength above 5,220 levels then selling pressure till 5,170-5,125-5,050 may also be seen.

Stocks Intraday Tips For Today 06-March

Tata Motors Ltd
Buy above 274.50 for target of Rs. 278-280 with stoploss of Rs. 271.70.

Ambuja Cements Ltd
Buy above 163 for target of Rs. 165.60-167.50 with stoploss of Rs. 161.

NCC Ltd
Sell below 59.50 for target of Rs. 58-57.20 with stoploss of Rs. 60.75.

Hindustan Construction Company Ltd
Buy above 27.10 for target of Rs. 27.75-28.10 with stoploss of Rs. 26.40.

Crompton Greaves Ltd
Buy above 137 for target of Rs. 140-142 with stoploss of Rs. 133.65.

Stock Trading Recommendations - Share Investing Tips

Alok Industries Ltd.
Alok Industries was trying to bounce back but basically it is a stock that moves between 18 and 28, so it is trying to move higher and chances are likely to touch 32-35. The budget generally has some goodies for all of these stocks in Textiles. Chances are the budget will get Alok Industries in 26-27 type of zones. So I would recommend it to buy it on dips for price target of Rs 27-28.

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Nifty Futures & Bank Nifty Futures Tips 06-March

Nifty Futures
Future Expiry : Mar 29, 2012   
Buy below 5270 for target of Rs 5350-5380 and stoploss of Rs 5230.

Bank Nifty Futures
Future Expiry : Mar 29, 2012   
Buy above 10235 for target of Rs 10340-10425 and stoploss of Rs 10160.

Markets Outlook for Tomorrow 06-March

Markets are likey to be highly volatile in the month of March as important data and events are lined up during this month. Tomorrow, on March 6, UP poll results will be declared which will influence the market sentiments. For Nifty tomorrow important support exists at 5,210 and then 5,170-5,160, while resistance levels can be placed at 5330-5375. Wait and watch would be the best approach to take. Volatility may rise in the coming days as market reacts to a spate of key events such as IIP and inflation data, RBI`s policy meet, Union Budget and advance tax numbers.

Intraday Stock Tips For Monday 05-March

DLF Ltd
Sell above 202 for target of Rs. 199-197.20 with stoploss of Rs. 204.15

Adani Enterprises Ltd
Buy above 354 for target of Rs. 358-360.60 with stoploss of Rs. 350.

Kingfisher Airlines Ltd
Sell below 23.75 for target of Rs. 22.50-22.00 with stoploss of Rs. 24.10.

Sun Pharmaceuticals Industries Ltd
Buy below 562 for target of Rs. 570-575 with stoploss of Rs. 557.

The Stock Market Is Expected To Relieve From The Budget

Stock market is expected that the budget security transaction tax (STT) is out. For transactions in shares of 0.125 per cent or Rs 1.25 at Rs 1,000 has to STT. Experts say that the STT to boost trading and investment should be removed. According to the government brings a new tax or tax rate is increased, it will affect the market. But if the government increases spending on infrastructure and education, it may benefit the market. Also, the market will like the new banking licenses announced. However, the market will increase the burden of fear that food subsidies and oil subsidies, which can lead to financial losses.

Nifty Outlook For Next Week

While commenting on Nifty Outlook Next Week, it has critical resistance zone around 5400-5450 whereas 5,300 is an important support level. An either side break out would confirm the future direction for short term. In case of a break down below 5,300, Nifty may come down till 5,233 and below that 5,190 is possible. In the event 5,400 is breached and sustained then we may see a retest of the recent high of 5,629 and higher levels in next few days.

Stocks Intraday Tips For Today 02-March

Jaiprakash Associates Ltd
Sell above 74.50 for target of Rs. 73.20-72.50 with stoploss of Rs. 75.50.

Titan Industries Ltd
Buy above 229 for target of Rs. 233.30-236 with stoploss of Rs. 225.60.

Oil & Natural Gas Corpn Ltd
Sell above 288 for target of Rs. 285-283 with stoploss of Rs. 291.20.

V I P Industries Ltd
Buy above 107.10 for target of Rs. 109-110.25 with stoploss of Rs. 105.

Escorts Ltd
Buy above 78.20 for target of Rs. 80.40-82 with stoploss of Rs. 77.55.

Intraday Stock Tips

Stock Futures & Options Trading Tips 02-March

RELIANCE CAPITAL LTD
Lot Size 500
Future Expiry : Mar 29, 2012   
Buy below 428 for target of Rs 440 and stoploss of Rs 423.

APOLLO TYRES LTD
Lot Size 4000
Future Expiry : Mar 29, 2012       
Buy above 82.90 for target of Rs 87 and stoploss of Rs 81.

RELIANCE POWER LTD.
Lot Size 4000
Option CE 130
Expiry : Mar 29, 2012       
Buy above 6.55 for target of Rs 10.00 and stoploss of Rs 4.20

BHEL
Lot Size 1000
Option PE 280
Expiry : Mar 29, 2012   
Buy below 13.05 for target of Rs 25.00 and stoploss of Rs 7.00

Buy United Phosphorus On Declines - Long Term Perspective

As far as United Phosphorus is concerned, I am a bit surprised not because of the warning but because of the kind of treatment that the market has meted out because this continues to remain a good company in a more or less secular growth of 15-18% considering the kind of geographies that is present. Even if in a given year, the growth targets are missed by a few percentage basis points since the stock continues to remain pretty cheap at around 9-10 times, so it should not have made a world of difference but that's the market for you and longer term investors should actually take advantage of these declines and maybe buy United Phosphorus from the long-term perspective.

Nifty Intraday Outlook For Tomorrow 02-March

It was another choppy session for Indian Stock Markets, which lead markets to close in red with substantial losses. Nifty witnessed selling pressure for second consecutive day. Nifty has important support zone in 5,300-5,270 zone. If Nifty manages to hold this zone the recovery may be seen else selling pressure may be continuing. On upside, Nifty has resistance in 5,400-5,450 zone. 

For intraday trading tomorrow 02-March, trend deciding level is 5,350. If Nifty shows strength to trade above 5,350 levels, then rally to 5,400-5,435-5,475 may be seen. On the downside if Nifty does not show strength above 5,350 levels then selling pressure till 5,300-5,260-5,225 may also be seen.