Buy cairn

Just See, Yesterday's It Was Clearly Written, that Above 2775.50 , Will Hit 2793.50 Mark, Just See It's Hit 2792.90 and Immediately , Retreat from that Level.

NIFTY Future, Now Showing any Strength, Due to Global Recession Worries and Other Domestic Issue.

It's Seems, Highly Volatile Session with Moreover NEGATIVE TERRITORY, Today, Below 2763.50 Bears, Will Eat NIFTY Future, It's Even, Possibel, that BEARS May Drag Down, NIFTY Future to 2747 and then, 2733 Mark....

If NIFTY Future, Breaks the level, of 2724.10 Mark, Immediate Expect a Level of 2711 & 2701,Watch, Out the Levels of 2700.00 , Very Carefully, Below that Mark, Don't Hold Your ANY LONG POSITION.

Nifty Will Show It's Strength Only and Only Above, 2795.10 Mark, Above that Mark, Will Try to Hit 2815 and then, 2825 But, Chances are Very Remote

Indian Overseas Bank
We recommend a sell in Indian Overseas Bank stock from a short-term trading perspective. It is apparent from the charts of Indian Overseas Bank that it has been on a long-term downtrend from its January 2008 peak of Rs 228. Since then, the stock has been forming lower peaks and lower troughs. Moreover, the intermediate and medium-term trend also is down.

On February 2, the stock penetrated a key support level at Rs 60 by declining 3 per cent that reinforced the downtrend. The stock is experiencing heavy selling pressure over the past three trading session. The stock is trading well below its 21 and 50-day moving averages. Both daily and weekly relative strength indices (RSI) are featuring in the bearish zone.

The daily moving average convergence and divergence is also indicating a sell and is hovering in the negative territory. Considering that the intermediate-term downtrend is intact, we are bearish on the stock from a short-term. We expect the decline to continue until it hits our price target of Rs 45.5. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 54.

Market to open flat

Reliance group stocks will be under pressure on the reports of finance ministry investigating Reliance Petroleum and Reliance Infrastructure for alleged violation of norms governing insider trading and overseas borrowings, respectively

Now, What to Expect in NIFTY FUTURE, In Today's Trade, Nifty Future, Will Show will run Only Above,,,,, 2775.50 Expect a Levels of , 2793.50 and then, 2800+ too.
In Case of Bear Attack, Nifty Should and Should Hit, 2740.00, Mark, Expect Nifty Future to Hit.2727

But, One Thing is Very Clear, that Yesterday's Closing of 2761.20 , Not Indicate, Much Upside in Nifty Future in Today's Trade.................Closing Favour, Highly Volatile and Negative Session in Today's Trade

Well, You Should, Watch these Levels, Carefully, and Trade Accordingly.

Bajaj Auto (Rs 496.50):Buy
We recommend a buy in Bajaj Auto with a short-term trading horizon. It is evident from the charts of Bajaj Auto that it has been on an intermediate-term uptrend from its all-time low of Rs 294, recorded in early December. Since then, the stock has been forming higher peaks and higher troughs. While trending up, the stock breached its 50-day moving average in early January. On January 16, the stock conclusively broke through a key resistance level at Rs 450 by gaining 6 per cent. This resistance level is currently acting as a significant support level. Moreover, the stock recently took support from this level and resumed its uptrend. Reinforcing the uptrend, the stock jumped by almost 5 per cent on above average volume on February 18. The daily relative strength index (RSI) has entered the bullish zone and the weekly RSI is rising in this neutral region towards this zone. Our short-term outlook is bullish on the stock. We expect it to move up until it hits our price target of Rs 550. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 471

Our BTST OFSS WILL MOVE IN THIS MARKET

Just, See, What's Happen, Yesterday's, It Was Clearly Written, that 2766, Level is TREND-DECIDER, Just See, Below that Mark, EVERYTHING,,,, Were Bleeding Yesterday's

Now, Today , It Can Be Highly Volatile Session , Today As Far As NIFTY FUTURE is Concerned, Well, Today, Nifty Future, Will Show Strength Only and Only Above 2763.90 Will be On Fire, But Only then, If Stayed there for almost 10 Minutes or So, Above that Level, NIFTY FUTURE Will Hit, 2785.50 and then, 2797 Mark.... .

Today, Bears Will Have Upper-Hand Only Below, 2727.30, , Below that, Level, Once Again, Expect a BLOOD-BATH in NIFTY Future, Below that Mark, NIFTY Future, Will Try to Hit......... ..... 2712 - 2693 Mark

Bears are likely to take over the Dalal Street following a global sell off in equities. The damage might not so bad as expected, as the markets have corrected deeply on Monday

Banking and Realty stocks might be under the line of fire once again. We might see another round of sell off in Unitech, ICICI Bank, Suzlon and Tata Steel, after a bad day on the bourses yesterday. Stay away from stocks like Spice Communications, Orbit Corp, Everonn Systems as the second rung stocks.

The stock of Satyam Computers might hold up to its current level even in a bad market, as the news of the buyout is still fresh. Maytas Infra Stock might see some spark on the news that CLB on Tuesday to dissolve the present management of the two companies Maytas Infra Ltd and Maytas Properties Ltd

Union Bank of India
We recommend a sell on Union Bank of India stock from a short-term trading perspective. It is apparent from the charts of this stock that it had been on an intermediate-term uptrend from its July low of Rs 96 till it encountered resistance at Rs 173 in late November. However, the stock reversed direction after encountering resistance around Rs 170 in January. Since then, the stock has been on a medium-term down trend. On February 16, the stock tumbled by 5 per cent penetrating its intermediate-term uptrend line. On February 17, it broke through a significant support level of Rs 140 by plummeting 4 per cent accompanied with high volume. The stock is trading well below its 21- and 50-day moving averages. The daily relative strength index is featuring in the bearish zone. Considering the breakthrough, we are bearish on the stock from a short-term perspective. We expect its decline to continue until it hits our price target of Rs 120. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 142.

Sell Metals

Today's Global Cues, Not Supporting , Hence NIFTY FUTURE, May Fall Further in Today's Trade......,, Today, Below 2819 Expect, More and More Weakness....... In Nifty Future, Below that Mark, Nifty Will Try to Hit 2797 and then, 2783 tooo........ Last Hope for Bulls is 2766 Mark, Today 2766, Mark Will Act as a TREND DECIDER.....

Nifty, If Breaks that Level, Expect Blood-Bath Once Again in NIFTY....Will Hit 2750 and then, 2737 in Panic.....

The stock of Hindalco might be under pressure as the news that the company plan's to use its share premium reserves to write off expenses incurred by the company on international acquisition and domestic expansion.Other metal stocks might be under pressure as metal prices cooled off on LME. Suclon Energy might fall for the second day in a row after the promoters disclosed that they have pledged 25.9 percent of the company’s shares.

Akruti
We recommend a sell in Akruti City stock from a short-term trading perspective. It is evident from the charts of Akruti City that after taking support at Rs 550 in mid-January, which is also a 52-week low, it bounced back. From this trough to the recent high at Rs 1,052, the stock has almost gained 91 per cent. However, the stock encountered significant resistance in the band between Rs 1,035 and Rs 1,050 recently. The daily relative strength index (RSI) has reached overbought levels. The stock reversed lower from this resistance band and declined 2 per cent on February 16. Moreover, with this decline we observe that the daily RSI is displaying a negative divergence. The daily moving average convergence and divergence indicator has also reached overbought levels. We are bearish on the stock from a short-term horizon. We anticipate it to decline further until it hits our price target of Rs 905 in the upcoming trading sessions. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 1,064.

The market will salute a cut in STT (Securities Transaction Tax) if it happens

Today's It May be SEE-SAW

Buy Batronics,KAF,JET AIRWAYS,CAIRN


The stock of NTPC is likely to move up as we might see some demand for the stoc after the company announced on Friday that the company which accounts for 20 percent of India’s power capacity, and Nuclear Power Corp. will spend as much as $3 billion to build new atomic plants in the next eight years.

UB group is again news now, news reports from pink papers suggest that the the company that owns India’s biggest liquor maker, plans to sell its stake in Aventis Pharma Ltd. UB Group owns 10.28 percent in Aventis Pharma and Sanofi-Aventis SA owns 50.1 percent.

In what could be a good news to aviation sector, Public sector oil companies today slashed jet fuel or Aviation Turbine Fuel (ATF) prices 3.7 per cent, the tenth reduction since September, taking rates to early 2005 levels. Watch out Jet Aviation and Kingfisher Airlines.

Technology solutions provider Bartronics today bagged a project for setting up 2,000 kiosks of the Municipal Corporation of Delhi,with an aim to mop up Rs 5,000 crore over the next nine years. The stocks is currently trading at Rs 76 and might hit an upper circuit today as the news came after the markets closed on Friday.

Titan,siemens good buy

We expect the key indices to pull back after Thursday’s fall.

The stock of Satyam Computers might see some demand as the bidding process for the sale of the company is about to begin soon.Another company that was in the lime light was Hexaware Technologies, which surge more than 90 percent at one point of the day, finally finishing off the say up by 65 percent at Rs 33.30.


The stock of Parsvnath Developers might come under some selling pressure as the company might need to raise some capital or sell some assets to meet its obligations.In a separate development Sanjay Lalbhai-owned Arvind has defaulted on its interest payments and is on the verge of yet, another downgrade from the credit rating agencies.

In what could seen as an interesting move Wipro's chief Azim Premji has injected Rs 40 Crore in to the ailing retail chain Subhiksha. Sugar stocks like Renuka and Sakhti sugars looks sweet along with metal stocks like SAIL and Sterlite Ind, fo day traders

HEG
We recommend a buy in the stock of HEG from a short-term trading perspective. It is apparent from the charts of HEG that after encountering resistance at around Rs 293 in August 2008, it resumed its downtrend. Since then, the stock was on an intermediate-term downtrend till it found support at Rs 102 in late January 2009. A significant long-term support is present at Rs 100 for the stock. We observe the formation of a falling wedge pattern, spanning the period from late October. The stock is currently testing the upper resistance level of the pattern. The daily moving average convergence and divergence indicator is displaying positive divergence. The weekly relative strength index also is displaying a prolonged positive divergence. Moreover, the price rate of change indicator is rising in the positive territory indicating buying interest. We are bullish on the stock from a short-term horizon. We anticipate it to penetrate the upper resistance level and move up until it hits our price target of Rs 119. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 101.

Today Fertilizer day

Markets to trade in a narrow band, Stock specific action likely in today's trade

The same goes for the market and key indices could be primed for a fresh advance after a slow start. Among the key triggers are likely to be a sharp drop in inflation (thanks to the fuel price cut) and possible improvement in IIP data.

Satyam’s government-appointed board will also meet today to consider a road-map for future, including a strategic sale. The winter session of Parliament begins today.

Interim Railway Budget will be presented on Friday while the Vote-on-Account will be announced on Monday.

DLF is the stock to watch out for, a sit will be interesting to see how the marke reacts to the decision by the company to exit the Dharavi project in Colloboration with Akruti City. Unitech on the other side might see some upward movement on the news of tie up with Tata Tele.

Stocks in Retail, Media and Telecom might see some demand on the goverment's decision to approve the changes in FDI policy linking approvals to the concept of control for the first time.Media is our pick among these sectors.

Hexaware Technologies, Power Finance Corporation, Birla Power and Areva T&D are some of the stocks that might see some positive for the coming week, and short term positions are advised in these stocks.


Siemens

We recommend a buy in Siemens from a short-term trading perspective. It is clearly visible from the charts that after encountering resistance around Rs 322 in early January, it witnessed a sharp tumble. However, the stock found support at Rs 186 that was also the 52-week low. Since then, the stock has been on a gradual short-term uptrend. On February 11, the stock gained bullish momentum by surging 7 per cent. This gain conclusively penetrated the stock’s 21-day moving average. We notice that there is an increase in volume over the past three trading sessions. The daily relative strength index (RSI) is rising in the neutral region and the weekly RSI is displaying prolonged positive divergence. The price rate of change (ROC) indicator is rising in the positive territory indicating buying interest. We are bullish on the counter from a short-term perspective. We expect the going-up move to continue until it hits our price target of Rs 245. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 209

Nifty ,Reliance Stbt will Rock On

SELL STEEL STOCKS

Sell Tata Steel Target 191, 189

Indian markets are expected open in red but due to tax cuts in interim budget some pull back at lower levels is expected. Watch out IIP numbers to be announced today. Market may react to these numbers

Expect Realty, Banking and Metal stocks to take a beating in today's slide.

Airline stocks might remain firm as the carriers are mulling a price hike to overcome the hurdles they are facing in the current economic turmoil.
PTC on plans of a PE firm and Power Grid on plans of a Overseas subsidary might see a small correction in a falling market.

Ranbaxy is another stocks that is looking relatively safer in the current circumstances as the news of the US Food and Drug Administration approval to launch the generic version of GlaxoSmithKline Plc.’s anti-migraine medicine Imitrex, might curb a sharp fall in the share price from the Rs 230 levels.

The market is expected to open in red and might see deep correction in the first half of the trading day. The longterm fundamentals are still in tact. There might be some profit booking and some short selling, that ,might further cause a steep fall. Traders are advised to stay on the sidelines for the day.

Govt. is Considering to Cut STT as Much as 5% , Currently It's 15% !!! , Now, Get Ready to Pay Only 10% STT !!! Govt. is All Set to Announce this News Very Shortly ....

Expect a 5% Cut on STT , Anytime, in Next Few Days

Today for calls One need to Subscribe

The stock of liquor major, United Spirits might attract some attention on the pink paper reports that the company is open to divesting up to 49 per cent in Whyte & Mackay it acquired during May 2007 for Rs 4,800 crore.

Another stock that looks attractive from a long term perspective is GMR Infra after getting a major concession to GMR-led consortium Delhi International Airport Ltd that is operating and upgrading Delhi airport, the government has allowed it to impose airport development fees on passengers that will help them raise up to Rs 1,827 crore over three years. We like the stock of GMR Infra at CMP of Rs 82 and recommend a 'BUY' on the stock, as the company might receive a boost from the forthcoming Asian games

Welspun-Gujarat (Rs 70.25): Buy

We recommend a buy in Welspun-Gujarat Stahl Rohren from a short-term trading perspective. It is apparent from the charts of Welspun-Gujarat that it was on a medium-term down trend from its December high of Rs 130, forming lower peaks and lower troughs. The stock had fallen 51 per cent from its December high to its recent low. However, the stock recently found support at significant support levels of Rs 63. After taking support, the stock reversed direction, triggered by the bullish divergence in the daily relative strength index(RSI). Moreover, on February 9, the stock jumped by 7 per cent, experiencing buying interest. We notice that there is an increase in volume over the past two trading sessions. The daily RSI is on the brink of entering the neutral region from the bearish zone. The weekly RSI is also displaying prolonged bullish divergence, indicating further upside. We are bullish on the stock from a short-term horizon. We expect the stock to rally until it hits our price target of Rs 80 in the approaching trading sessions. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 66.

US stimulus plan to give a jolt to the Sensex

Budget Expectation :1. Security Transaction Tax - Will be out of the Market for the boost of Capital market.

2. Dividend Distribution Tax likely abolished.

3. Short Term Capital Tax likely reduced from 15% to 10% or 5%.

Airline stocks like Jet Airways, Spice Jet and Kingfisher Airlines might see some early gains on the news that Kingfisher Airlines might sell 25 percent stake for nearly Rs 2000 crore giving it a hefty valuation over the prevailing marketprice of Rs 32.

SEBI later this week has released the list of companies that have pledged shares to avail loans from banks and financial institutions.Aban Offshore, Asian Paints, Dr Reddy’s Lab, Godrej Consumer Products, Great Offshore and JB Chemicals are names of some of the more prominent companies whose promoters have pledged shares against loans availed by them.

Banking, Metal and Realty stocks are likely to be the leaders in today's market. We see both the indices opening sharply higher and consolidate from there on. So it is not a great idea for the day traders to jump in, in the morning and take positions. Overall, a positive day for the market in the offing, on the first trading day of the week

HCL Technologies
We recommend a buy in HCL Technologies from a short-term trading horizon. It is evident from the charts of HCL Technologies that it had been on an intermediate-term downtrend from its September 2008 high of Rs 261 till its January 2009 low of Rs 102. However, the stock reversed direction, after taking support at Rs 102, which is a significant medium-term support level. Since then, the stock has been on a short-term uptrend. This trend reversal has been supported by a prolonged positive divergence in the weekly relative strength index (RSI). In late January, the stock breached its intermediate-term down trendline as well as 21-day moving average. Moreover, recently the stock crossed over its 50-day moving average and is trading well above the averages. The daily RSI is rising in the neutral region towards the bullish zone and the weekly RSI has entered the neutral region from the bearish zone. Our short-term forecast is bullish for the stock. We anticipate it to move up until it hits our price target of Rs 140 in the forthcoming trading session. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 119.

Btst like Banknifty,Rpl, EDUCOMP ........LIC HOUSING will rock

We expect the market to open higher mainly due to firm global trend


The Obama administration is expected to announce on Monday how it will use the remaining $350bn of the Treasury's Troubled Asset Relief Program (TARP).

Metal stocks like SAIL and Sterlite are likely to maintain their uptrend as metal prices continued to be firm. Shipping stocks like GE Shipping are likely to bounce as the Blatic Dry index is back to its october highs. We see great value in the stock as it will be a beneficiary of a global rebound.Sugar stocks were active yesterday and are likely to be in demand as the sugar out put is likely to be lower this year and a global deficit in sugar inventories is likely to boost the fortune of these firms.

OnMobile Global

We recommend a buy in OnMobile Global from a short-term trading perspective. It is clearly visible from the charts of OnMobile Global that after witnessing a sharp sell-off during October 2008, the stock found support recording its 52-week low of Rs 190 in early November 2008.

However, since then the stock has been on a sideways consolidation in a broad range between Rs 205 and Rs 260. The stock recently tested the lower boundary of this sideways consolidation and bounced up. On February 4, the stock breached the 21 and 50-day moving averages by gaining almost 5 per cent with above average volume.

The daily relative strength index is rising in the neutral region towards the bullish zone. The moving average convergence and divergence is on the brink of entering into the positive territory. We are bullish on the stock from a short-term horizon. We expect it to move up until it hits our price target of Rs 260 in the upcoming trading sessions. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 225.

Inflation expected at 5.21% vs. 5.64%

One bright spot in the market today will be the metals sector.The price of base metals has perked up in the global markets. This might boost the stocks of Sesa Goa, Hind Zinc and Hindalco. The stock of United Spirits might see some demand as international major Diageo is likely to announce a deal to buy a major stake in the firm soon

One Thing is Sure , Only Big Operator's are Earning in this Kind of Market.

One Day Satyam , One Day Spice , Another Day WWIL


Canara Bank

We recommend a sell in Canara Bank from a short-term trading perspective. It is apparent from the charts of Canara Bank that it was on a medium-term up trend from its October low of Rs 136 to January peak of Rs 223.

However, in mid January, the stock began to loose its bullish momentum and reversed direction. On January 15, the stock tumbled by 8 per cent following selling pressure. This selling pressure continued and on January 23, the stock dived 14 per cent, accompanied with heavy volume. This decline conclusively penetrated the 21- and 50-day moving averages.

The stock is currently trading well below these averages. The daily relative strength index is falling in the neutral region towards the bearish zone. Moreover, moving average convergence and divergence has entered the negative territory. Our short-term outlook is bearish for the stock. We expect the stock to decline until it hits our price target of Rs 160 in the upcoming trading sessions. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 187.

Market seen opening firm on positive global cues

Mukhesh Ambani promoted Reliance Petro Rs 83 is likely to be under selling pressure following the news reports that US oil major Chevron is likely to
exit the venture citing a fall in Oil price. Companies owned by Vendanta resources, Sterlite Ind, Sesa Goa and Hind Zinc might be sluggish, as Income Tax
department has slapped the group with a Rs 900 Crore tax bill

The stock of Hindustan Const (Rs 41) might see some relief as the group has called off a merger of its subsidiaries following resistance by some key share holders.We advice investors in Spice Communications to exit the stock at Rs 86 to Rs 90 levels, as the stock has moved up more than 200 percent in the past week

Aditya Birla Nuvo (Rs 451.10): Sell
We recommend a sell in Aditya Birla Nuvo from a short-term trading perspective. It is apparent from the charts of the stock that it has been on an intermediate-term downtrend from its August 2008 peak of Rs 1,422. Moreover, the stock has been on a long-term downtrend from its January 2008 peak at Rs 2,500. Since then, the stock has been forming lower peaks and lower troughs.

In mid-January, the stock resumed its intermediate downtrend by breaching the 21-and 50-day moving averages. Daily and weekly relative strength indexes are featuring in the bearish zone. The price rate of change indicator is also featuring in the negative territory, indicating selling pressure. The daily moving average convergence and divergence is steadily declining in the negative territory.

Considering that the intermediate-term down trendline continues to be intact, we are bearish on the stock from a short-term horizon. We anticipate the stock to decline until it hits our price target of Rs 405. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 473.

Buy Maruti (584) SL 578
Target 596, 600

Nifty positive opening as said yesterday

Nifty has formed a strong bear candle, closing below
the lows of Friday. This indicates fresh weakness. For
the coming session, although a positive opening
cannot be ruled out on the basis of global cues, we
need to watch if the Nifty sustains above 2800 levels.
Failure to hold these levels would continue the
downward move.

Nifty (2767) Sup 2720 Res 2815

Buy BEL (854)
Target 870, 875

Buy Cummins (170)Target 177, 179

Buy Reliance Cap (387-391) Target 400,

Tata Tea

We recommend a sell on Tata Tea from a short-term trading perspective. It is evident from the charts of Tata Tea that it had been on a medium-term uptrend between late November 2008 and mid January 2009 when it moved from Rs 430 to Rs 635. The stock almost gained 47 per cent during this period. This up move of the stock retraced exactly 38.2 per cent (fibonacci retracement level) of its prior downtrend.

The stock has a significant long-term resistance between Rs 635 and Rs 650. It encountered resistance at Rs 635, and lost its bullish momentum. Subsequently the stock breached its medium-term up trendline and 21-day moving average. The daily relative strength index (RSI) is falling in the neutral region towards the bearish zone.

Moreover, the price rate of change indicator has entered in to the negative territory that indicates increase in selling pressure. We are bearish on the stock from a short-term horizon. We expect the stock to decline further until it hits our price target of Rs 534. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 618.

Nifty buy in dips

RIL and RNRL will be in focus post the Bombay High Court order. Auto and cement companies will hog the limelight as they release monthly sales data. Satyam will continue to see action based on the news-flow

Realty stocks were one of the major gainers among the sectoral indices and the stocks in this sector are likely to correct this morning. DLF should attract some buying interest on the news that it is planning to divest some of its businesses to maintain financial stability going forward.

Metal stocks like SAIL , Hindalco and Sterlite Ind have witnessed some action one volume front and we recommend taking long term positions in this stocks if you are looking for gains in the medium term. One can look at doing sme bottom fishing in this space on weakness today.

Indiabulls securities Rs 22, is worth keeping an eye for short term traders, as the company might surprise the share holders with buy back proposal at a decent price. Praj Ind, is another stock to keep on radar ahead of its Q3 numbers later today. Overall, a flt market with a negative bias, atleast in the morning session. It is not a bad idea for intraweek traders to take positions if the market gives up more than 2 percent