Thursday, November 22, 2007

Recovery seen

Whether the Market will Go Up or Down, Now, These call is only for our subscribers

Close below 5481...watch freefall upto 5306 in panic.

Use the intial dips for a good intraday trade. Markets are unlikely to be beaten down today.We believe the sector is likely to see a big strength in the coming days though the Rupee negative is still a over hang.

Mudra LifeStyle(RS.80.05) is likely to catch fire soon. Keep an eye

Catch Polaris and start buying IT sector for 3 month

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Wednesday, November 21, 2007

Hike in STT

The markets are likely to open on a flat note
today. Traders are advised to trade long in the market in two
ranges of 5700-5800 and 5840-5900 levels. Close long
positions if Nifty fa ils to cross and sustain the crucial resistance
of 5840 levels.
Nifty December futures have
witnessed addition of 8 lakh shares in open interest on the back
of premium converting into a discount. On the options front put
options have witnessed fresh buying while call options have
witnessed fresh writing implying high caution prevailing at the
current levels

There are news abt Goverment going to hike STT in the market

Idfc looks strong buy

We have a moderately bullish view on IDBI. We recommend a Bull Call Spread strategy:
o Buy One IDBI Nov 170 CA @ 8.50 – 9.50
o Sell One IDBI Nov 180 CA @ 6.50 – 7.50
o BEP: 172
o Tgt: 180
o Investment: Rs.1,20,000 (Approx)

Parsvnath(RS.353.95) is undervalued. Value buying is expected soon. Watch for a target of 400

Reliance Buy 2720-2740 sl 2680 for target 2850-2855 3-4 Days
o Time Frame: 5-6 days

Online calls for Subscriber's Only

Tuesday, November 20, 2007

Close above 5800 be Positive

Whether the Market will Go Up or GO Down, Now, These Commentary is only for our subscribers

The markets are likely to open on a flat to negative note today
taking cues from the weak US markets. Traders are advised to
adopt buy at dips strategy until Nifty remains above 5800 levels.

Nifty December
futures has witnessed addition of 3 lakh shares in open interest
on the back of discount converting into a significant premium of
6.15 points. On the options front put options have witnessed
fresh writing implying limited downsides from the current levels.

Watch out for TTML,WWIL,Ashok Leyland in down market

Indian Markets are likely to take a bigger dip today but only the large caps will take the hit. Still there is some more steam in the cash stocks

RJ's Midday Multimedia(RS.52.85) is back in the limelight. Watch for speculative gains

We have a moderately bullish view on Power Grid. We recommend a Bull Call Spread strategy:
o Buy One Power Grid Nov 160 CA @ 9 – 10
o Sell One Power Grid Nov 170 CA @ 6.50 – 7.50
o BEP: 162.50
o Tgt: 170
o Investment: Rs.1,60,000 (Approx)
o Time Frame: 5-6 days

Have a great trading day

Monday, November 19, 2007

Positive opening

Nifty looks positive above 5760 cash

Market Buzz - Govt to increase 49% FDI in petroleum sector soon.

Watch out for Engineering India, STC INDIA,ELECTRO STEEL

Positive outlook - Banking Sector,Real Estate,Cement Counter

Bindal Agro(RS.58) is likely to eye 75 levels soon.

buy call on ashok leyland ,BUY AT RS 41 AD SELL AT rs 49 ,short term

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Friday, November 16, 2007

Pls be cautious !!!!!

The markets are likely to open on a weak note today taking cues from Asian indices
which are trading close to 2% lower. Traders are advised to
assume long position from lower supports of 5880 and 5840
levels for upside targets of 5900 and 5965 levels with a final
stop loss placed at 5800 levels.Watch for the later half of the trade and this we believe will be the last chance for Sensex to cross 20,000 in the coming days. This time if the Sensex might even see the level of 17,250.
The total market open interesthas crossed over Rs.1 lakh crores. On the option front Nifty5900 and 6000 call options have seen fresh writing while 5500
put option seen closure of short position indicating the market
likely to slip further in the near term

FII Gross purchases Rs 5113 Cr, Gross sales Rs 4161 Cr, Net Buyers Rs 952 Cr.
MF Gross Purchases Rs 1185 Cr, Gross Sales Rs 702 Cr, Net Buyers Rs 483 Cr

We recommend a Collar strategy:
o Buy One Hindalco Nov fut @ 213-215
o Buy One Hindalco Nov 210 PA @ 6.50-7.50
o Sell One Hindalco Nov 235 CA @ 5.50-6.50
o BEP: 215
o Investment: Rs.1,60,000 (Approx)
o Time Frame: 6-8 days

DLF Buy 940-945 sl 935 for target 978-980 1-2 Days

SREI Infrastructure(RS.200.30) stock is eyeing 300 levels.

Time for buying or exit ?? Only paid clients

Thursday, November 15, 2007

Sensex for 20000

Technically speaking: Indices traded between a broad range of nearly 900 points. Sensex traded between an intra day high of 19,988 . Advances outnumbered declines in the ratio of 2:1. Volume for the day stood at Rs 8,796 cr. Markets close just below 20050 which could be a good resistance. As we have been talking recently for big moves in Midcaps and smallcaps, the markets still look good for buy on dips for midcaps and smallcaps. The major gainers for the day were on the Banking, metal, Power, reality and consumer goods sector. European indices continues to trade in green.

For today
The market is expected to open on flat to positive
note today, however profit booking from Nifty life time high at
6010 levels cannot be ruled out. Traders are advised to assume
long position if Nifty sustains above 5950 levels for upside
targets of 5975 and 6010 levels. Alternatively, long position can
be assumed from lower supports at 5900 and 5880 levels.

Failure to close above 20k this time will cause severe pain to the bulls and we put the chances at 60-40 in favour of bulls.

Navneet Publications(RS.93.65 ) will pick up pace from here on for a target of Rs.120
We have a moderately bullish view on NTPC. We recommend a Bull Call Spread strategy:
o Buy One NTPC Nov 280 CA @ 13-14
o Sell One NTPC Nov 300 CA @ 9-10
o BEP: 284
o Investment: Rs.1,20,000 (Approx)
o Time Frame: 5-6 day

IVRCL Buy 495-500 sl 488 for target 520-522 in 2-3 Days

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Wednesday, November 14, 2007

Nifty to fly

As told Yesterday long nifty today one can see 5850+ ,Markets are likely to pare the intial gains but still close in the positive zone

Tech is the flavour of the day. Indian Markets as expected revered the trend yesterday and likely to open with a big gap today,

Buy IT Sector today looking good
Watch Out Icicibank ,Hdfcbank,Rcom,Sbi ........

BTST calls were Idbi,Rel, Nifty & many more.........

Dish Tv(rS.68.95) is still a value buy even at these levels. Watch for big moves towards the century mark

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