Thomas cook Buy around 90 to 90.50 with Sl of 85 for a Target of 95.50 to 98.90 or Even 100+
Today, Nifty has support at 4,227 and resistance at 4,408 and BSE Sensex has support at 13,989 and resistance at 14,627.
Stock on radar - Cairn,Ranbaxy,Axisbank,M&M,Tatamotors
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Thursday, July 31, 2008
Wednesday, July 30, 2008
BUY IT STOCKS like INFOSYS,SATYAM,WIPRO
Buy Sega goa,Bongaigaon Refinery, target for clients only
Some of the stocks that look interesting in today's trade are Punj Lloyd, Bag Films, TV Today Networks and Pyramid Saimira
After a bear day today.. now a bull day is waiting for you tomorrow. Lots of good news will give a positive effect to the market like Crude falling below 123 trading at 121, one more support is broken .. dollar trading good .. good for IT sector … and finally US market showing strength. Opening will be good and positive hope we don’t get any bad news before that, and also be careful at every resistance because at those levels we can see some profit booking if not crossed.
Any upside will immediately face resistance at 4200 it would be good if we open above this level then next target will be 4240 followed by 4280 and 4300. Downside 4168 on the Nifty spot should act as a first good support if we break this then we get next minor support around 4130 which can break easily if sustains there and can push further down to 4090 and 4075.
Lets talk something technically, I will not go much in technical terms but in simple terms for you people to understand .. the current downfall is good thing is we are filling up the gaps in the charts and second good thing is we have technically corrected the rally which took place from 12500 to 15000, in technical terms the word retrace is used for such. In this whole scenario 13425 – 13500 will form a good support. Short term will not have to worry as long as we stay above 13500, only a two close below 13400 can worsen the situation.
Trading strategy – Day trader can look to buy at the opening and should look to book 75% profit around 4240. Investor as we mentioned before around 3900 to put in your 30% cash keep investing in it.
Some of the stocks that look interesting in today's trade are Punj Lloyd, Bag Films, TV Today Networks and Pyramid Saimira
After a bear day today.. now a bull day is waiting for you tomorrow. Lots of good news will give a positive effect to the market like Crude falling below 123 trading at 121, one more support is broken .. dollar trading good .. good for IT sector … and finally US market showing strength. Opening will be good and positive hope we don’t get any bad news before that, and also be careful at every resistance because at those levels we can see some profit booking if not crossed.
Any upside will immediately face resistance at 4200 it would be good if we open above this level then next target will be 4240 followed by 4280 and 4300. Downside 4168 on the Nifty spot should act as a first good support if we break this then we get next minor support around 4130 which can break easily if sustains there and can push further down to 4090 and 4075.
Lets talk something technically, I will not go much in technical terms but in simple terms for you people to understand .. the current downfall is good thing is we are filling up the gaps in the charts and second good thing is we have technically corrected the rally which took place from 12500 to 15000, in technical terms the word retrace is used for such. In this whole scenario 13425 – 13500 will form a good support. Short term will not have to worry as long as we stay above 13500, only a two close below 13400 can worsen the situation.
Trading strategy – Day trader can look to buy at the opening and should look to book 75% profit around 4240. Investor as we mentioned before around 3900 to put in your 30% cash keep investing in it.
Monday, July 28, 2008
Get Ready for.....
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Well said on Thursday that ICICI results are bad . Sell it ...today see the the effect
Rumors are ripe in the market that the government is willing to dilute 10-15 percent of its PSU holdings.This should boost the share prices of the PSU stocks listed on the exchanges. There are around 44 listed PSU stocks trading in the market.
According a pink paper report government has given a green signal to BSNL IPO and this will followed up with a merger with MTNL. So watch out for this scrip in early trade
MM Forgings Ltd has recommended issue of Bonus Shares in the ratio of 1:1.
BUY India bulls sec ,IMP Powers,Relaxo Footwear
After a five-day, 2300-point rally in the Sensex, the bulls decided to take stock of the situation. Hence, the correction in the last two days. Friday's serial blasts in IT hub Bangalore made matters worse. Sentiment may get hit further (albeit temporarily) by weekend blasts in Ahmedabad. History shows that stock markets have bounced back in the aftermath of terrorist strikes. We expect history to get repeated today. After a cautious to lower opening, things should start looking up again, especially if oil prices remain stable or fall further, and global markets hold up. Another positive could be the strong revival in monsoon, which should ease inflationary expectations.
Well said on Thursday that ICICI results are bad . Sell it ...today see the the effect
Rumors are ripe in the market that the government is willing to dilute 10-15 percent of its PSU holdings.This should boost the share prices of the PSU stocks listed on the exchanges. There are around 44 listed PSU stocks trading in the market.
According a pink paper report government has given a green signal to BSNL IPO and this will followed up with a merger with MTNL. So watch out for this scrip in early trade
MM Forgings Ltd has recommended issue of Bonus Shares in the ratio of 1:1.
BUY India bulls sec ,IMP Powers,Relaxo Footwear
After a five-day, 2300-point rally in the Sensex, the bulls decided to take stock of the situation. Hence, the correction in the last two days. Friday's serial blasts in IT hub Bangalore made matters worse. Sentiment may get hit further (albeit temporarily) by weekend blasts in Ahmedabad. History shows that stock markets have bounced back in the aftermath of terrorist strikes. We expect history to get repeated today. After a cautious to lower opening, things should start looking up again, especially if oil prices remain stable or fall further, and global markets hold up. Another positive could be the strong revival in monsoon, which should ease inflationary expectations.
Friday, July 25, 2008
Yesterday said hold 4300 nifty put BINDAAS , See now
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Boldly said .....
stbt short nifty kal -50 point khulega
Sell RelCapital sl 1420 tgt 1350
STBT nifty fut/icici bank/rel energy
Cairn India could be a dark horse. Buy around Rs.220 with a stop of Rs.215.80. The stock could witness some brisk action which will take it to Rs.228/232
Today's Pick - MTNL
We recommend a buy in Mahanagar Telephone Nigam Ltd (MTNL) from a short-term perspective. It is evident from the charts of MTNL that from its 52-week high of Rs 219, the stock tumbled steeply during January 2008. This down-move continued until the stock found support at Rs 83 in early July. Since then it has been charting a short-term uptrend. We notice that the stock has formed a falling wedge pattern (a bullish pattern), spanning over the past five months. On July 24, th e stock broke out of this falling wedge pattern by gaining 7 per cent with extraordinary volume. The stock is trading well-above its 21- and 50-day moving averages. The daily relative strength index (RSI) is featuring in the bullish zone. The weekly RSI is displaying a prolonged positive divergence and has entered into the neutral region from the bearish zone. The moving average convergence and divergence has entered into the positive territory. Our short-term forecast of the stock is bullish. We expect the stock to move up until it hits our price target of Rs 115 in the upcoming trading sessions. Traders with short-term perspective can buy the stock, while maintaining a stop-loss at Rs 98.
Boldly said .....
stbt short nifty kal -50 point khulega
Sell RelCapital sl 1420 tgt 1350
STBT nifty fut/icici bank/rel energy
Cairn India could be a dark horse. Buy around Rs.220 with a stop of Rs.215.80. The stock could witness some brisk action which will take it to Rs.228/232
Today's Pick - MTNL
We recommend a buy in Mahanagar Telephone Nigam Ltd (MTNL) from a short-term perspective. It is evident from the charts of MTNL that from its 52-week high of Rs 219, the stock tumbled steeply during January 2008. This down-move continued until the stock found support at Rs 83 in early July. Since then it has been charting a short-term uptrend. We notice that the stock has formed a falling wedge pattern (a bullish pattern), spanning over the past five months. On July 24, th e stock broke out of this falling wedge pattern by gaining 7 per cent with extraordinary volume. The stock is trading well-above its 21- and 50-day moving averages. The daily relative strength index (RSI) is featuring in the bullish zone. The weekly RSI is displaying a prolonged positive divergence and has entered into the neutral region from the bearish zone. The moving average convergence and divergence has entered into the positive territory. Our short-term forecast of the stock is bullish. We expect the stock to move up until it hits our price target of Rs 115 in the upcoming trading sessions. Traders with short-term perspective can buy the stock, while maintaining a stop-loss at Rs 98.
Thursday, July 24, 2008
Attention Guys n Gals
Life time Opportunity
Last 6 days to join us by paying just 12000/- for 6 months
Last 6 days to join us by paying just 12000/- for 6 months
Chalo at last 15000 seen
Clients were well inform abt 15200 well in advance
Now bull run ends or just begaining ??
Somi Conveyor Beltings having issued shares at Rs 35 is likely to list on BSE at around Rs 30. Share may witness momentum post listing and could move to Rs 40 next week
keep eyes on Hpcl, Bpcl, Rnrl, sbi, Zee entertainment
Insurance bill coming soon ....
The insurance bill would enable the government to raise FDI in insurance sector from 26 per cent to 49 per cent
We recommend a buy in Steel Authority of India (SAIL) from a short-term perspective
For more details
Now bull run ends or just begaining ??
Somi Conveyor Beltings having issued shares at Rs 35 is likely to list on BSE at around Rs 30. Share may witness momentum post listing and could move to Rs 40 next week
keep eyes on Hpcl, Bpcl, Rnrl, sbi, Zee entertainment
Insurance bill coming soon ....
The insurance bill would enable the government to raise FDI in insurance sector from 26 per cent to 49 per cent
We recommend a buy in Steel Authority of India (SAIL) from a short-term perspective
For more details
Wednesday, July 23, 2008
Subscribe Now for more contact 09821435805
Huge gap up till 4500 levels nifty and 14700 sensex
A whole host of companies that will benefit from the Indo-US nuclear deal will see some positive action today. These include the likes of L&T, HCC, BHEL, NTPC, Tata Power, Reliance Power, Areva T&D, Alstom Projects, Siemens and ABB. The ADAG group shares may also extend their recent gains. Sesa Goa is likely to rise after announcing strong results.
We will also have the F&O expiry next week, which could make the market volatile. On the whole though, we are in for a short-term rebound, which could take the Nifty up a few hundred points. But, one must not get carried away and start buying aggressively.
The improvement in the mood may last for a few more days, provided oil prices retreat further, global markets hold and inflation cools down. On the flip side, the market could turn lower again on any fresh negative news. One must add here that the last four days of rally has been driven mainly by short-covering by bears. Also, FIIs have turned net sellers again in the last two days after pumping over Rs10bn in the two days of last week. The monsoon has been quite bad over western and southern parts of the country. This could spoil the party for the Government and the markets
A whole host of companies that will benefit from the Indo-US nuclear deal will see some positive action today. These include the likes of L&T, HCC, BHEL, NTPC, Tata Power, Reliance Power, Areva T&D, Alstom Projects, Siemens and ABB. The ADAG group shares may also extend their recent gains. Sesa Goa is likely to rise after announcing strong results.
We will also have the F&O expiry next week, which could make the market volatile. On the whole though, we are in for a short-term rebound, which could take the Nifty up a few hundred points. But, one must not get carried away and start buying aggressively.
The improvement in the mood may last for a few more days, provided oil prices retreat further, global markets hold and inflation cools down. On the flip side, the market could turn lower again on any fresh negative news. One must add here that the last four days of rally has been driven mainly by short-covering by bears. Also, FIIs have turned net sellers again in the last two days after pumping over Rs10bn in the two days of last week. The monsoon has been quite bad over western and southern parts of the country. This could spoil the party for the Government and the markets
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