Markets Today

It was a fantastic close for the market near the highest point of the day after brushing off the 50 bps CRR hike to 7%. The markets dipped immediately after the monetary policy declared but having realised that the CRR hike is more of a liquidity management tool than any interst rate signal to the market. The discount has narrowed to just about 20 points.
Heavies like L&T, HDFC, BHEL and ABB contributed significantly to the rally. L&T was up 7% HDFC was up 6% and BHEL was up 5.6%.
Broader markets also participated giving markets an excellent breadth.
All the BSE sector indices closed in green. Capital goods index was the top gainer followed by metal, FMCG and realty stocks.
The RBI has increased the CRR by 50 bps to 7% from 6.5%. Reverse Repo cap was removed. Bond yields have moved up. CRR is the amount the commercial banks need to maintain with the RBI. The amount is based on a fixed percentage computed on each bank's total time and demand liabilities. A CRR of 7% means that the banks need to set aside Rs 7 for every Rs 100 they receive in deposits.
Sensex was up 290.08 points or 1.90% at 15550.99, and the Nifty up 88.80 points or 2.00% at 4528.85.
About 1835 shares have advanced, 1065 shares declined, and 83 shares are unchanged.
The BSE Midcap Index ended at 6,718.08 up 99 points or 1.5%.
The BSE Smallcap Index ended at 8,070.63 up 129 points or 1.6%.
The BSE Health Care Index was up 1% at 3,718.26. Biocon, Orchid Chemical, Lupin, Ranbaxy Labs, Matrix Lab, Nicholas Pirama closed higher.
The BSE Auto Index closed at 4,933.83 up 0.2%. Cummins, Exide Industrie, Escorts, Bajaj Auto surged.
The BSE IT Index gained 0.4% at 4,862.52. Mphasis, HCL Tech, TCS, Patni Computer advanced.
BSE Oil and Gas Index gained 2% to close at 8,130.50. BPCL, Reliance Natura, Reliance, IOC, Reliance Petro, ONGC closed in green.
The BSE FMCG Index gained 1.4% at 1,973.16. Colgate, United Spirits, United Brewerie, ITC, Britannia were among the gainers.
The BSE Metal Index gained 2.2% to close at 11,630.92. Sterlite Ind, Hind Zinc, Jindal Steel, Shree Precoated, SAIL closed in green.
The BSE Bankex was up 1.2% at 8,148.68. HDFC Bank, SBI, Kotak Mahindra, Bank of Baroda, PNB ended higher.

Intraday Calls for 31st July

Nifty Support 4420, 4360 and Resistance 4500, 4560.
Sensex Support 15200 and Resistance 15380, 15500.

Market opens with a gap up about 100 points & will remain positive whole day if RBI's Credit policy SLR unchanged or cut in SLR then market will boost.

Buy GDL, Unitech, HCC, Cropton Greaves, HCC, RIL, RNRL, REL, JP Hydro, Bombay Dyeing, Sun Flag Iron, Hindalco, United Spirits.

Keep Eyes on Banking Sector: SBI, Corporation Bank, PNB, Syndicate Bank & UCO Bank.

Good Luck.

Markets Today

The markets ended the day on a flat note amid volatality after seeing a rally of over 200 points in the noon trade. Turnover was low and the breadth was in the favour of declines. Banking and FMCG stock ended higher. However, realty, metal and IT stocks ended in green.
Top gainers on the Sensex were HUL, SBI and Ambuja Cements.
Top losers on the Sensex were Hindalco, ITC and Mah and Mah.
Reliance Energy surged after winning the bid for Sasan Ultra Mega Power Project.
The rupee was trading at 40.51, the dollar has not been able to maintain its strength.
SBI gained after delivering strong Q1 operational performance on Saturday and HUL was up on the buyback news.
Sensex was up 26.34 points or 0.17% at 15260.91, and the Nifty down 5.15 points or 0.12% at 4440.05.
About 1488 shares have advanced, 1415 shares declined, and 78 shares are unchanged.
The BSE Midcap Index ended at 6,618.99 up 21 points or 0.3%.
The BSE Smallcap Index ended at 7,941.75 up 15 points or 0.2%.
The BSE Bankex was up 1.7% at 8,055.14. Federal Bank, SBI, UTI Bank, Andhra Bank, IOB moved upwards.
The BSE Capital Goods Index was down 0.4% at 12,698.97. Suzlon Energy, Crompton Greave, Siemens, Praj Industries, Kalpataru Power, BHEL closed lower.
The BSE Health Care Index was down 0.24% at 3,682.47. Sterling Bio, Orchid Chemical, Pfizer, Nicholas Pirama, Cadila Health closed lower.
The BSE Auto Index closed at 4,943.50 down 0.4%. Apollo Tyres, Mah and Mah, Escorts, Tube Investment, Cummins closed higher.
The BSE Metal Index closed at 11,381.27 down 1%. NALCO, Hindalco, Mah Seamless, JindalStainless, SAIL closed lower.
The BSE FMCG Index closed at 1,945.26 up 1%. HUL, United Brewerie, United Spirits, Colgate, Nestle closed higher.
BSE Oil and Gas Index closed at 7,980.75 down 0.4%. IOC, BPCL, Reliance, Petronet LNG ended in red.
The BSE IT Index lost 0.6% at 4,876.34. Patni Computer, Financial Tech, HCL Tech, Tech Mahindra closed lower.
The NSE cash turnover was at Rs 11224.89 crore and the NSE F&O turnover was at Rs 44285.38 crore. The BSE cash turnover was Rs 5040.84 crore. Total market wide turnover was at Rs 60551.11 crore.

Souce: Moneycontrol.com

Intraday Calls for 30th July

Nifty Support 4380, 4350 and Resistance 4460, 4500.
Sensex Support 15300 and Resistance 15500, 15560.

Market should opens positive. It May see some weakness but I think Market will remain flat to positive.

Buy Reliance, BajajHind, Balaji Tele, Gitanjali Gems, Bombay Dyeing, Infosys, Polaries Software, KPIT, Paramount Communication, Nelcast, Unitech (Support at 550 Resistance at 593, Above 593 Target 650+).

Buy Banking Stocks: SBI, BOB, PNB, Syndicate Bank and Do not forget the little champ UCO Bank (Ultimate Target Rs. 40+)

Buy IDBI at every decline for the short term target of Rs. 130+

Sell: Sail, MTNL, HDFC,

Good Luck.

Markets Today

The markets closed in deep red tracking global peers. It was third biiggest single day fall for Sensex in absolute terms. Sell off was seen in markets across the globe. European markets outperformed other markets. The fall was initiated by US markets due to months of worry about the mortgage and corporate lending markets.
Asian markets ended gloomy. Taiwan was the top loser closing with a loss of 4%.
The market breadth was extremely weak on brisk turnover. Midcaps were not spared either and saw a huge sell off.
Real Estate, metal, cap goods, media were the worst hit. Sugar stocks did good for themselves. BSE Metal and realty index is down over 4%, followed by banking and capital goods index down over 3%
Nifty Futures widened to 50 points.
The fall was initiated by cracks in US markets. Dow plunged 311.50 points, or 2.26 percent, to 13,473.57, after falling 449.77 in earlier trading. The close was its worst since the 416.02 points it lost on Feb. 27.
The plunge was seen in US on concerns that higher corporate borrowing costs would curb the rapid pace of takeovers that had driven stocks higher this year. Investors also feared the sluggish environment for home sales and continued defaults in subprime loans would spur debt defaults and weigh on corporate earnings.
Sensex closed down 541.74 points or 3.4% at 15,234.57 and Nifty closed down 174 points at 4445.
The BSE Midcap Index ended at 6,598.32 down 192 points or 2.8%.
The BSE Smallcap Index ended at 7,926.45 down 219 points or 2.7%.
The BSE Bankex was down 3.2% at 7,920.19. Canara Bank, Bank of Baroda, Oriental Bank, PNB, HDFC Bank moved downwards.
The BSE Capital Goods Index was down 3.8% at 12,748.77. Alstom Projects, Gammon India, Astra Microwave, Jyoti Structure, BHEL, Reliance Infra closed lower.
The BSE Health Care Index was down 2.6% at 3,691.36. Sterling Bio, Matrix Lab, Lupin, GlaxoSmithKline, Wockhardt closed lower.
The BSE Auto Index closed at 4,943.50 down 3%. Ashok Leyland, Escorts, Tata Motors, Hind Motors, Hero Honda, Tube Investment closed higher.
The BSE Metal Index closed at 11,501.52 down 5.3%. Tata Steel, Shree Precoated, Hind Zinc, Hindalco, SAIL closed lower.
The BSE FMCG Index closed at 1,927.86 down 0.1%. United Brewerie, Dabur India, HUL, United Spirits, Bata India closed higher
BSE Oil and Gas Index closed at 8,015.75 down 3.7%. ONGC, Reliance Natura, Petronet LNG, Reliance, HPCL ended in red.
The BSE IT Index lost 2.5% at 4,876.34. Mphasis, Patni Computer, Financial Tech, HCL Tech, Satyam, Wipro closed lower.
The NSE cash turnover was at Rs 15450.73 crore and the NSE F&O turnover was at Rs 65777.96 crore. The BSE cash turnover was Rs 6596.79 crore. Total market wide turnover was at Rs 87825.48 crore.

Source: Moneycontrol.com

Today's Market

A heavy sell-off can be seen in the markets today. Be very carefull. Apply wait & watch strategy for today. Think it is holiday in the market.

The reason is the sell off seen in the US & Asian market.

Markets Today

The markets spiked in the late trade after witnessing sluggish trade for most of the day on triple witching day. The turnover was at record high of 1 lakh crore.
It has been a spectacular July series for the markets. Today on F&O turnover side, marketwide turnover hit record high for the third day.
Nifty was up 8% in July series so far; it has been record F&O turnover for last 3 Days
Relaince Energy, Sail, L&T, BHEL were among the top series gainers.
In today's trade HDIL was up 7%, Unitech was up 4%. In the Nifty gainers: Ranbaxy Up 9%,Cipla, Tata Power,HCL Tech Up 4%
CNX IT Up 2%; TCS Up 3%, Infosys Up 2.5%
Marketwide Rollover At 77%, Nifty Rollover At 68%
Huge Pick-up In Stock Futures Rollovers, at 78%
Highest Rollovers In HDIL (94%), Cipla (88%),IFCI (86%),TTML (87%)
The BSE Midcap Index ended at 6,790.50 up 35 points or 0.5%.
The BSE Smallcap Index ended at 8,145.86 up 90 points or 1.1%.
The BSE Health Care Index was up 1.5% at 3,788.36. Ranbaxy Labs, Wockhardt, Cipla, Wyeth, Opto Circuits closed higher.
The BSE Auto Index closed at 5,096.44 up 1.5%. Maruti Udyog, Mah and Mah, Bajaj Auto, MICO, Escorts, Ashok Leyland surged.
The BSE IT Index gained 2% at 5,001.24. Mphasis, Wipro, TCS, Infosys, Satyam advanced.
BSE Oil and Gas Index gained 1.5% to close at 8,325.19. Reliance, Essar Oil, HPCL, GAIL, ONGC closed in green.
The BSE FMCG Index gained 0.8% at 1,930.08. Dabur India, P and G, Godrej Consumer, HUL, Marico, Colgate were among the gainers.
The BSE Metal Index lost 0.2% to close at 12,139.71 and BSE Capital Goods Index was down 1.4% at 13,247.03.
The BSE Bankex was down 1.2% at 8,185.52.
The NSE cash turnover was at Rs 15438.55 crore and the NSE F&O turnover was at Rs 79995.85 crore. The BSE cash turnover was Rs 5727.04 crore. Total market wide turnover was at Rs 101161.44 crore.

Source: Moneycontrol.com

Intraday Calls for 26th July

NIFTY (4589) Support 4560 Resistance 4620

Market may very volatile as today is expiry. Be carefull.

Buy ONGC (934) Target Rs. 946, 950 SL 927
Buy Zee (338) Target Rs. 345, 348 SL 334
Buy HPCL (257) Target Rs. 265, 267 SL 252
Buy BRFL (222) Target Rs. 230 SL 218
Buy Reliance Capital (1245) Target Rs. 1260-1270 SL 1238
Buy Arrow Webtexs (370) Target Rs. 380 SL 365

Others: Shringar Cinema, Global Vectra, Futura Poly, ITC, IDBI, BILT.

Sell: Bharat Forge (294), Amtek Auto (391), HDIL (580)

Good Luck.

Markets Today

The markets ended in the red amid a highly volatile session. Rest of the Asia also ended with a deep cut. The breadth was in favour of the declines. Selling was seen in cement realty, capital good, auto and metal stocks. FMCG index managed to hold up in green.
Rupee has weakened little bit against and was quoting at Rs 40.31 versus USD. Market breadth was roughly 4:1 in favour of declining stocks on BSE.
Cement stocks are among the top losers on MRTPC probes in cement companies on any cartelisation issues.
ITC was up over 8% at Rs 164.80; CLSA has upped its ITC price target to Rs 184; upgrades to buy from underperform.
ITC, Infosys, HUL, ONGC, Bharti Airtel, NTPC, Reliance Energy and SBI are among the top gainers on the indices.
Ambuja Cements, Satyam, ACC, Grasim, HDFC Bank, Bajaj Auto are among the top losers.
On the results front Indus Fila came out with good set of numbers its net profit was up at Rs 8.2 crore versus Rs 3.6 crore in the corresponding quarter previous year. The stock is up over 3%. Astom Project, Yes Bank and Chambal Fertilisers came out with good set of numbers.
Thermax came out with strong set of numbers, its net profit came at Rs 55.63 crore and Bank Of India came in with inline set of numbers.
The BSE Midcap Index ended at 6,755.20 down 57 points or 0.84%.
The BSE Smallcap Index ended at 8,056.36 down 97 points or 1.2%.
The BSE Bankex was down 0.8% at 8,284.36. Andhra Bank, Canara Bank, IOB, Allahabad Bank, Bank of Baroda, PNB moved downwards.
The BSE Capital Goods Index was down 2.5% at 13,428.80. Suzlon Energy, Praj Industries, Astra Microwave, AIA Engineering, Larsen closed lower.
The BSE Health Care Index was down 1% at 3,732.86. Nicholas Pirama, Lupin, Panacea Biotech, Opto Circuits, Glenmark closed lower.
The BSE Auto Index closed at 5,022.80 down 2%. Apollo Tyres, Amtek Auto, Bajaj Auto, Tata Motors, Bharat Forge, Exide Industrie closed higher.
The BSE Metal Index closed at 12,161.06 down 1.7%. SAIL, Jindal Steel, Jindal Saw, NALCO, Hindalco closed lower.
The BSE FMCG Index closed at 1,915.35 up 4%. ITC, United Brewerie, HUL, Colgate, Dabur India closed higher
BSE Oil and Gas Index closed at 8,203.08. GAIL, Reliance Petro, Reliance Natura, Essar Oil, Petronet LNG ended in red.
The BSE IT Index lost 1% at 4,906.79. Satyam, I-Flex Solution, Tech Mahindra, TCS, Wipro closed lower.
The NSE cash turnover was at Rs 12792.03 crore and the NSE F&O turnover was at Rs 72365.46 crore. The BSE cash turnover was Rs 5905.19 crore. Total market wide turnover was at Rs 91062.68 crore.

Source: Moneycontrol.com

Intraday calls for 25th July

Nifty Support 4550, 4570 Resistance 4630.
Sensex Support 15660, 15740 and Resistance 15900.

Markets opens nagetive. May see some recovery but remain nagetive. Be carefull and trade in very small quantity because markets seems very volatile.

Buy Opto Curcuit around 485/- Target Rs. 500/- SL Rs. 482/-
Buy IDFC around 126-128/- Target Rs. 130+ SL Rs. 124/-
Buy IDBI around 108/- Target Rs. 111-113/- SL Rs. 106/-
Buy Prithvi Info around 305-310/- Target Rs. 315-318/- SL Rs. 300/-
Buy Unitech around 580-585/- Target Rs. 593/-(Resistace 593 crossover 600+) SL Rs. 578/-

Others buys: Allied Digital (New Listing: List around 280/- Target 325+), JSW Steeel, Indiabulls, ABG Shipyard, Mindtree.

Sell: Lanco Infra, Glenmark, Ranbaxy, TataMotors, MIC Electronic.

Good Luck.

Intraday Calls for 24th July

Nifty support 4570, 4600 and Resistance 4630, 4655.
Sensex Support 15680, 15560 and Resistance 15770, 15830.

Market opens positive. May see some profit booking later and remain flat at the end.

Buy Jaiprakash Associates @ Rs. 865/- Target Rs. 875-880/- SL Rs. 860/-
Buy Hindustan Zinc @ Rs. 782/- Target Rs. 795/- SL Rs. 775/-
Buy Gesco Corp @ Rs. 632/- Target Rs. 645-655/- SL Rs. 625/-
Buy MIC Electronic @ Rs. 396/- Taget Rs. 410/- SL Rs. 390/-
Buy Hindustan Unilever @ Rs. 204/- Target Rs. 208-210/- SL R.s 202/-
Buy SRF @ Rs. 157/- Target Rs. 162/- SL Rs. 154/-
Buy Lok Housing @ Rs. 175/- Target Rs. 182+ SL Rs. 172/-
Buy Titagarh Industries @ Rs. 42/- Target Rs. 45+ SL Rs. 40/-

Others: Indiabulls, Patni Computers, Bhagyanagar India, Nelcast, IFCI, Paramount Communication.

New Listing HDIL.

Good Luck.

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Markets Today

It was a fantastic close for the markets despite some weak international cues. The Sensex and Nifty closed on anew all time high, each up 1%. Sensex closed above 15,700 mark and the Nifty above 4,600 level. Leadership from capital goods was breath taking. BHEL, ABB, L&T were among the top gainers taking the markets to a new high.
United Spirits, Tata Sponge and GMR Infrastructure were among the top gainers on the indices.
BHEL, Bharti, Reliance, Grasim, L&T, HUL closed on all time high.
Sensex was up 166.65 points or 1.07% at 15732.2, and the Nifty up 53.30 points or 1.17% at 4619.35.
About 1303 shares have advanced, 1278 shares declined, and 77 shares are unchanged.
The BSE Midcap Index ended at 6,849.12 up 13 points or 0.2%.
The BSE Smallcap Index ended at 8,234.45 up 46 points or 0.6%.
The BSE Bankex was down 0.6% at 8,347.32. Union Bank, Kotak Mahindra, HDFC Bank, Bank of India, Allahabad Bank moved upwards.
The BSE Capital Goods Index was up 4% at 13,596.20. BHEL, Areva T&D, ABB, Larsen, Gammon India, Punj Lloyd closed higher.
The BSE Health Care Index was down 0.8% at 3,798.44. Sterling Bio, Aventis Pharma, Matrix Lab, Sun Pharma closed lower.
The BSE Auto Index closed at 5,186.46 up 1.2%. Exide Industrie, Bajaj Auto, Hero Honda, Apollo Tyres Cummins advanced.
The BSE Metal Index closed at 12,305.00 up 0.8%. Jindal Steel, JindalStainless, Sterlite Ind, Hindalco advanced.
The BSE FMCG Index gained 2% at 1,867.94. United Spirits, United Brewerie, HUL, Nestle, Colgate closed higher.
BSE Oil and Gas Index closed at 8,210.63 up 1.2%. ONGC, Reliance Natura, Petronet LNG, GAIL ended in green.
The BSE IT Index closed at 4,902.57 down 0.4%. Satyam, Patni Computer, I-Flex Solution, TCS, Tech Mahindra closed lower.
The NSE cash turnover was at Rs 10907.02 crore and the NSE F&O turnover was at Rs 51007.17 crore. The BSE cash turnover was Rs 4825.29 crore. Total market wide turnover was at Rs 66739.48 crore.

Intraday Calls for 23rd July

Nifty support 4500 and Resistance 4570, 4580.
Sensex Support 15440, 15400 and Resistance 15600.

Today Markets may open weak. A 100 points down gap openening expected. In second half it will face some recovery but overall remain nagetive with high volatility.

Buy Tata Steel, Great Offshore, Exide Industries, Rolta, Lok Housing, Srinivasa Shipping, Unitech at lower levels as a weak opening.

Sell Orbit Corp., Voltas, Redington, BPCL, MTNL.

Be carefull in today's market trade.

Good Luck.

Markets Today

The markets ended flat after seeing a solid start as profit booking was seen during the final hour of trade. Selling pressure was seen in IT, banking, FMCG and oil & gas stocks. However, capital goods, telecom, metal and realty stocks witnessed buying interest.
But on a weekly basis Sensex saw a good close up 1.8% and the BSE Midcap was up 1%.
Tata Steel, L&T and Bharti Airtel were among the top gainers on the indices.
Among the losers were ACC, Bajaj Auto, Cipla and HPCL.
The BSE Midcap Index ended at 6,836.07 up 8 points or 0.12%.
Sensex was up 15.42 points or 0.10% at 15565.55, and the Nifty up 3.95 points or 0.09% at 4566.05.
About 884 shares have advanced, 1675 shares declined, and 52 shares are unchanged
The BSE Smallcap Index ended at 8,188.12 down 70.40 points or 0.85%.
The BSE Bankex was down 0.7% at 8,394.76. Oriental Bank, Bank of India, Allahabad Bank, Federal Bank, Andhra Bank moved downwards
The BSE Capital Goods Index was up 1.5% at 13,070.08. BEML, Kalpataru Power, Thermax, Carborundum, BHEL, Praj Industries closed higher.
The BSE Health Care Index was down 0.3% at 3,830.19. Cadila Health, Cipla, Lupin, Orchid Chemical, Novartis India closed lower.
The BSE Auto Index closed at 5,125.21 down 0.4%. Bajaj Auto, , Punj Tractors, Escorts, Tata Motors, Hero Honda, Ashok Leyland closed lower.
The BSE Metal Index closed at 12,211.10 up 1.5%. Tata Steel, Hind Zinc, JSW Steel, Sesa Goa, SAIL higher.
The BSE FMCG Index closed at 1,829.19 down 0.7%. United Spirits, Bata India, HUL, Colgate closed lower.
BSE Oil and Gas Index closed at 8,111.54 down 0.7%. HPCL, Reliance Natura, BPCL, Reliance Petro, GAIL, ended in green
The BSE IT Index lost 0.7% at 4,921.06. Tech Mahindra, Mphasis, Satyam, I-Flex Solution, Financial Tech closed lower.
The NSE cash turnover was at Rs 12383.82 crore and the NSE F&O turnover was at Rs 48073.22 crore. The BSE cash turnover was Rs 5765.28 crore. Total market wide turnover was at Rs 66222.32 crore.

Source: Moneycontrol.com

Intraday Calls for 20th July

Nifty Support 4480, 4500 and Resistance 4570, 4590.
Sensex Support 15500, 15440 and Resistance 15600, 15680.

Market opens positive, May see profit booking in first and second half but remain positive.

Buy Kesoram Industries @ Rs. 530/- Target Rs. 542/- SL Rs. 526/-
Buy NIIT Tech @ Rs. 482/- Target Rs. 495/- SL Rs. 476/-
Buy Opto Circuit @ Rs. 451/- Target Rs. 460-465/- SL Rs. 444/-
Buy ICICI Bank @ Rs. 990/- Target Rs. 1000+/- SL Rs. 984/-
Buy Great Offshore @ Rs. 820/- Target Rs. 840/- SL Rs. 812/-
Buy SKF India @ Rs. 450/- Target Rs. 462-465/- SL Rs. 444/-
Buy Neyveli Lignite @ Rs. 78-80/- Target Rs. 85/- SL Rs. 75/-
Buy Crompton Greaves @ Rs. 267/- Target Rs. 275/- SL Rs. 264/-

Others are: CTE, TTML, Nagarjun Fert., Nelcast, HOPFL, Prithvi Info, GMR Infra, Pantaloon Retail.

Good Luck.

Intraday Calls for 19th July

Nifty Support 4490, 4450 and Resistance 4520.
Sensex Support 14200 and Resistance 14380.

Market should trade in a range with high volatility. Can see some correction and recovery also.

Buy BASF India @ Rs. 290/- Target Rs. 295-298/- SL Rs. 286/-
Buy Zee Entertainment @ Rs. 325/- Target Rs. 335/- SL Rs. 320/-
Buy GMR Infra @ Rs. 868/- Target Rs. 885-900/- SL Rs. 862/-
Buy Hindalco @ Rs. 184/- Target Rs. 190+ SL Rs. 182/- (Resistance around Rs. 193, Crossover Target Rs. 220+)
Buy Sail @ Rs. 154/- Target Rs. 158-160/- SL Rs. 152/-
Buy IDBI @ Rs. 115/- Target Rs. 118-120/- SL Rs. 112/-
Buy Amar Remedies @ Rs. 39/- Target Rs. 42-44/- SL Rs. 36/- (Short Term Target Rs. 50)
Buy KPIT @ Rs. 135/- Target Rs. 140/- SL Rs. 132/- (Short Term Target Rs. 155)

Others are: DLF, VSNL, IDEA, TTML, Kotak Bank, Cipla, Ranbaxy, Dhampur Sugar.

Pharma Sector can do well in coming months buy good stock available at dirt price like Cipla and Ranbaxy at every decline. Lupin also looks good for coming days.

Good Luck.

Markets Today

The markets couldnot maintain its first half momentum and cracked sharply in later trade on the back of profit booking witnessed across the board and ended quiet in marginal red. Auto, metal, capital goods and banking stocks were among the hardest hit, however oil & gas and IT stocks remained in focus today. Market breadth was negative and the volume also was not impressive.
Sensex was down 21.40 points or 0.14% at 15289.82, and the Nifty down 15.40 points or 0.34% at 4496.75.
About 940 shares have advanced, 1671 shares declined, and 65 shares are unchanged.
The BSE Midcap Index ended at 6,789.57 down 45 points or 0.70%.
The BSE Smallcap Index ended at 8,207.77 down 73 points or 0.88%.
The BSE Capital Goods Index closed at 12,782.07 down 1.8%. Siemens, Triveni Engg, Kirloskar Oil, Praj Industries, ABB, Alstom Projects closed lower.
The BSE Health Care Index was up 0.5% at 3,834.22. Nicholas Pirama, Opto Circuits, Dr Reddys Labs, Biocon, Wockhardt closed higher.
The BSE Auto Index closed closed at 5,015.57 down 1.3%. Apollo Tyres, Mah and Mah, Exide Industrie, Bharat Forge, Escorts ended in the red.
The BSE Metal Index closed at 11,881.59 down 1.7%. Sterlite Ind, JindalStainless, JSW Steel, SAIL, Shree Precoated declined.
The BSE FMCG Index closed flat at 1,845.94. Tata Tea, GlaxoSmith Con, United Brewerie, Colgate, Britannia, United Spirits ended in red.
BSE Oil and Gas Index closed up at 7,990.02 up 0.5%. Reliance Natura, Reliance and Gail closed in green.
The BSE IT Index gained 0.6% at 4,874.93. HCL Tech, TCS, Satyam, Wipro, Financial Tech closed weak
The BSE Bankex was down 0.4% at 8,353.68. Union Bank, Canara Bank, SBI, Bank of India, Oriental Bank, Kotak Mahindra closed lower.
BSE Realty index was up 0.8% at 7,977.33. Indiabulls Real, Akruti Nirman, Anant Raj Ind, DLF were the top gainers
The NSE cash turnover was at Rs 12712.08 crore and the NSE F&O turnover was at Rs 45837.68 crore. The BSE cash turnover was Rs 6077.31 crore. Total market wide turnover was at Rs 64627.07 crore.

Source: Moneycontrol.com

Intraday Calls for 17th July

Nifty Support 4490 and Resistance 4535.
Sensex Support 15220 and Resistance 15380.

Market can take some rest today. Some correction can be seen in today's trading.

Buy Biocon @ Rs. 456/- Target Rs. 462-665/- SL Rs. 451/-
Buy Bombay Dyeing @ Rs. 644/- Target Rs. 655/- SL Rs. 638/-
Buy Archies @ Rs. 150/- Target Rs. 155-158/- SL Rs. 146/-
Buy Nelcast @ Rs. 176/- Target Rs. 185/- SL Rs. 172/-
Buy Cairn @ Rs. 161/- Target Rs. 165/- SL Rs. 158/-
Buy Sail @ Rs. 155/- Target Rs. 160+/- SL Rs. 152/- (Short Term Target Rs. 175/-)
Buy Welspun Gujarat @ Rs. 243/- Target Rs. 250/- SL Rs. 240/-

Others are: HEG Ltd. (225), Aptech Ltd. (348), Nagarjuna Fert. (24.5), TTML (28), Gitanjali Gems (224), KPIT (135).

Short Sell: Orbit Corp, PFC, HPCL.

Good Luck.

Markets Today

It was a quiet day for the markets wherein it opened with marginal gains and remained rangebound for major part of the day and shut shop on flat note. It was disappointing day for the IT, pharma, FMCG and capital good stocks but realty, banking, consumer durable and metal space managed to attract decent buying interest today. Market breadth was slightly in favour of advancing stocks.
Sensex was up 38.50 points or 0.25% at 15311.22, and the Nifty up 7.60 points or 0.17% at 4512.15.
About 1453 shares have advanced, 1191 shares declined, and 57 shares are unchanged.
The BSE Midcap Index ended at 6,834.55 up 39 points or 0.6%.
The BSE Smallcap Index ended at 8,280.58 up 64 points or 0.80%.
The BSE Bankex was up 1.3% at 8,386.65. Allahabad Bank, Union Bank, Andhra Bank, Bank of Baroda, IOB, Kotak Mahindra moved upwards
The BSE Capital Goods Index was down 0.40% at 13,007.01. BEML, Kalpataru Power, Thermax, Carborundum, BHEL, Praj Industries closed lower.
The BSE Health Care Index was down 0.9% at 3,814.80. Glenmark, Ranbaxy Labs, Novartis India, Sun Pharma , Sterling Bio closed lower.
The BSE Auto Index closed at 5,080.79 up 0.4%. Bajaj Auto, Hind Motors, MRF, Apollo Tyres, Hero Honda, Ashok Leyland closed higher.
The BSE Metal Index closed at 12,090.98 up 0.8%. Shree Precoated, NALCO, Hindalco, Mah Seamless, Jindal Saw higher.
The BSE FMCG Index closed at 1,846.03 down 1%. United Brewerie, ,HUL, GlaxoSmith Con, P and G, Colgate closed higher.
BSE Oil and Gas Index closed at 7,869.77 up 0.6%. Reliance Natura, GAIL, ONGC, Petronet LNG ended in green.
The BSE IT Index lost 1% at 4,848.27. Mphasis, Wipro, Satyam, HCL Tech, Financial Tech closed lower.
The NSE cash turnover was at Rs 11499.51 crore and the NSE F&O turnover was at Rs 38884.18 crore. The BSE cash turnover was Rs 5271.75 crore. Total market wide turnover was at Rs 55655.44 crore.

Source: Moneycontrol.com

Intraday Calls for 16th July

Nifty support 4475, 4430 and Resistance 4520, 4535.
Sensex Support 15200 and Resistance 15380.

Market positive. May see some Resistance in first half but overall positive trade.

Buy HOPFL @ Rs. 320/- Target Rs. 335-340/- SL. Rs. 314/- (Tie up with Ansal Propertites)
Buy BRFL @ Rs. 234/- Target Rs. 240-245/- SL Rs. 230/-
Buy Century Textile @ Rs. 720/- Target Rs. 740/- SL Rs. 712/-
Buy Kirloskar Oil Eng @ Rs. 348/- Target Rs. 360/- SL Rs. 340/- (Ultimate target 400+ in short term)
Buy PFC @ Rs. 175/- Target Rs. 180+ SL Rs. 170/-
Buy HT Media @Rs. 238/- Target Rs. 245-248/- SL Rs. 232/-
Buy Hind Oil Explo @ Rs. 140/- Target Rs. 145-148/- SL Rs. 135/-

Others are: Selan Explo, Asian Oilfield, Bank of Baroda, Syndicate Bank, Indusind Bank, UCO Bank (Short Term Target 30+), Celebrity Fashion, WWIL, ZEE Tele.

Good Luck.

Markets Today

The markets ended the week on an extremely strong note taking cues from strong Asian markets. The turnover was brisk but the smallcap and midcaps underperformed the benchmark indices. The star sector was metals, the BSE Metal index ended up over 4.5%.
Except for pharma and realty all the other BSE indices ended in green.
Hindalco, Tata Steel, Sterlite Ind, Reliance, Zee, BHEL, Larsen, ITC, Tata Motors, HDFC are among the top gainers on indices.
Sensex closed at15272 up 180 points and the Nifty closed up 58 points at 4504.
The BSE Midcap Index ended at 6,795.30 up 13 points or 0.2%.
The BSE Smallcap Index ended flat at 8,216.14.
The BSE Bankex was up 0.8% at 8,281.75. ICICI Bank, IOB, Centurion BoP, Andhra Bank, PNB moved upwards.
The BSE Capital Goods Index was up 1% at 13,059.18. Alfa Laval, BHEL, Jyoti Structure, Kirloskar Oil, Thermax, Siemens closed higher.
The BSE Auto Index closed at 5,058.45 up 1%. Tata Motors, Mah and Mah, MRF, Punj Tractors, Bharat Forge surged.
The BSE Metal Index closed up 4.60% at 12,000.90. SAIL, Hind Zinc, Sesa Goa, Shree Precoated, Hindalco, JSW Steel, NALCO advanced .
The BSE IT Index gained 0.6% at 4,897.95. Satyam, Tech Mahindra, Infosys, I-Flex Solution, Wipro advanced.
BSE Oil and Gas Index closed at 7,819.67 up 1.8%. Petronet LNG, Reliance, GAIL, BPCL ended in green.
The BSE FMCG Index ended at 1,864.18 up 0.4%. P and G, ITC, Britannia, United Brewerie, GlaxoSmith Con closed higher.
The NSE cash turnover was at Rs 14864 crore and the NSE F&O turnover was at Rs 48879.76 crore. The BSE cash turnover was Rs 6721.02 crore. Total market wide turnover was at Rs 70464.78 crore.
Source: moneycontrol.com

Intraday Calls for 13th July

Nifty support 4405 and Resistance 4480, 4500.
Sensex Support 15000, 14860 and Resistance 15138, 15200.

Market positive. May see some profit booking in mid session.

Buy IOB @ Rs. 131/- Target Rs. 135-138/- SL Rs. 128/-
Buy Reliance @ Rs. 1718/- Target Rs. 1730-35/- SL Rs. 1710/-
Buy IDEA @ Rs. 120/- Target Rs. 125/- SL Rs. 118/-
Buy Inox Leisure @ Rs. 137/- Target R.s 142-145/- SL Rs. 134/-
Buy Cinemax @ Rs. 160/- Target Rs. 165-170/- SL Rs. 156/-
Buy Fortis Healthcare @ Rs. 91/- Target Rs. 95+ SL Rs. 88/-
Buy Patel Engineering @ Rs. 472/- Target Rs. 480-485/- SL Rs. 465/-

Others are: Alstom Projects, Action Construction, TTML, EKC, Prithvi Info, Opto Curcuits.

Good Luck.

Intraday Calls for 12th July

Nifty Support 4380 and Resistance 4410, 4430.
Sensex Support 14900, 14860 and Resistance 15000, 15138.

Market should recover today and remain positive, can cross 15000 again and should close above it.

Buy NDTV @ Rs. 435/- Target Rs. 445-450/- SL Rs. 430/-
Buy Balaji Tele @ Rs. 255/- Target R.s 260/- SL Rs. 252/-
Buy India Infoline @ Rs. 748/- Target Rs. 760-775/- SL Rs. 740/-
Buy GMR Industries @ Rs. 158/- Target Rs. 165/- SL Rs. 154/-
Buy Carborundum Universal @ Rs. 186/- Target Rs. 192+ SL Rs. 182/-
Buy Roman @ Rs. 316/- Target Rs. 325-332/- SL Rs. 310/-
Buy BOB @ Rs. 278/- Target Rs. 285/- SL Rs. 275/- (Ultimate Target Rs. 300+)
Buy Bombay Dyeing @ Rs. 618/- Target Rs. 635/- SL Rs. 612/-

Others are: RNRL, Nagarjuna Fert., Prithvi Info, DLF, CHD Developers, Peninsula Land, Unitech.

Gook Luck.

Markets Today

The markets ended in red on account of weak cues from global markets and downgraded FY08 guidance from Infosys. On the back of weak guidance the entire IT pack was beaten down and was among the top losers. However,
Selective buying was seen in metal, realty, cement and construction space. Even the midcap and smallcap space was buzzing outperforming the benchmark indices.
Post Infosys results the IT stocks took it on the chin and the index is down 2.9%. In its results Infy has said that there will be pressure on the margins due to appreciation in rupee. The rupee is trading at 40.38 today.
Indiabulls Real, Parsvnath, Akruti Nirman, Mahindra Gesco are the gainers in the realty space.
Sensex closed at 14,910 down 99 points, Nifty closed at 4387 down 19 points.
The BSE Midcap Index ended at 6,704.40 up 39 points or 0.60%.
The BSE Smallcap Index ended at 8,074.86 down 65 points or 0.8%.
The BSE Capital Goods Index was closed flat at 12,755.97. Carborundum, Punj Lloyd, Greaves Cotton, Gammon India, Areva T&D closed lower.
The BSE Health Care Index was down 0.3% at 3,838.54. Sterling Bio, Matrix Lab, Panacea Biotech, Ranbaxy Labs, Lupin, Sun Pharma closed lower.
The BSE Auto Index closed closed at 4,920.28 down 0.5%. Escorts, MRF, Tata Motors, Bharat Forge, Mah and Mah, Tube Investment ended in the red.
The BSE Metal Index closed at 10,816.64 down 1.5%. Hind Zinc, Tata Steel, JSW Steel, SAIL, JindalStainless, Jindal Steel declined.
The BSE FMCG Index gained 0.3% at 1,854.80.
BSE Oil and Gas Index closed flat at 7,616.99. Reliance Natura, Essar Oil, Petronet LNG, Reliance Petro, ONGC in green.
The BSE IT Index lost 3.3% at 4,791.99. Infosys, TCS, Satyam, Mphasis, Tech Mahindra, Wipro, HCL Tech closed weak
The BSE Bankex was down 0.2% at 7,427.55. PNB, ICICI Bank, SBI, Kotak Mahindra closed lower.
BSE Realty index was up 3%. Indiabulls Real, DLF, Unitech, Sobha Developer, Parsvnath, Peninsula Land were the top gainers
The NSE cash turnover was at Rs 11167.49 crore and the NSE F&O turnover was at Rs 34043.56 crore. The BSE cash turnover was Rs 5475.08 crore. Total market wide turnover was at Rs 50686.13 crore.

Source: Moneycontrol.com

Intraday Calls for 11th July

Nifty support 4380, 4340 and Resistance 4420, 4235.
Sensex Support 14920, 14860 and Resistance 15075, 15138

Market can see profit booking at higher levels and may correct more, So market should negative for today. Everyone's eyes on Infosys results.

Buy Tata Motors above Rs. 750/- Target Rs. 760-770/- SL Rs. 744/-
Buy Infosys @ Rs. 2020/- Target Rs......... SL Rs. 2000/-
Buy Nitin Fire @ Rs. 410/- Target Rs. 420+ SL Rs. 404/-
Buy Escorts @ Rs. 121/- Target Rs. 125/- SL Rs. 118/-
Buy Cipla @ Rs. 212/- Target Rs. 218-220/- SL Rs. 208/-
Buy Sterling Bio @ Rs. 173/- Target Rs. 178-180/- SL Rs. 170/-
Buy Arvind Mills @ Rs. 51/- Target Rs. 55+ SL Rs. 48/-

Others are: RNRL, Nagarjun Fert., Kei Industries, TimeTechno.

Short Sells are: Orbit Corp (325), JP Associates (807),

Good Luck.

Markets Today

The markets ended on in red with moderate losses on the back of weak cues from Asia and Europe. Selective buying was seen in auto and IT stocks. The broader markets also closed weak inline with the benchmark indices.
Selling pressure was seen in capital goods, banking and oil & gas stocks.
Tata Motors, Maruti Udyog, HUL, Dabur India and nalco were among the top gainers on the indices.
Reliance Communication, HDFC Bank, SBI, Hero Honda, HPCL were among the top losers on the indices.
Sensex was down 35.85 points or 0.24% at 15009.88, and the Nifty down 13.35 points or 0.30% at 4406.05.
About 1142 shares have advanced, 1445 shares declined, and 78 shares are unchanged.
The BSE Midcap Index ended at 6,665.60 down 18 points or 0.30%.
The BSE Smallcap Index ended at 8,009.66 down 10 points or 0.13 %.
The BSE Capital Goods Index was down 1.1% at 12,760.17. Thermax, Suzlon Energy, Reliance Infra, Kalpataru Power, Alstom Projects closed lower.
The BSE Health Care Index closed flat at 3,843.75. Aventis Pharma, Sun Pharma, Nicholas Pirama, Novartis India, Lupin closed lower.
The BSE Auto Index closed closed at 4,945.84 up 1.2%. Escorts, Tata Motors, Bharat Forge, Maruti Udyog ended in the green.
The BSE Metal Index closed at 10,942.38 up 0.7%. JSW Steel, NALCO, SAIL, Tata Steel, Mah Seamless, Jindal Steel advanced.
The BSE FMCG Index lost 0.3% at 1,839.08. Marico, P and G, ITC, Britannia, Godrej Consumer closed lower.
BSE Oil and Gas Index closed lower at 7,615.96 down 0.5%. HPCL, GAIL, Petronet LNG, Reliance Petro, IOC ended in red.
The BSE IT Index gained 0.8% at 5,036.99. Tech Mahindra, Infosys, Satyam, TCS, HCL Tech closed higher.
The BSE Bankex was down 0.9% at 8,104.09. Canara Bank, Andhra Bank, Union Bank, HDFC Bank closed lower.
BSE Realty index was up 0.6%.
The NSE cash turnover was at Rs 10702.89 crore and the NSE F&O turnover was at Rs 32720.71 crore. The BSE cash turnover was Rs 5092.42 crore. Total market wide turnover was at Rs 48516.02 crore.

Source: Moneycontrol.com

Intraday Tips for 10th July

Nifty Support 4390, 4370 and Resistance 4450.
Sensex Support 14950, 14890 and Resistance 15100, 15138.

Market should open positive but may see resistance in mid session. Market can correct a bit.

Buy Kei Industries @ Rs.91/- Target Rs. 95-98/- SL Rs. 87/-
Buy Nelcast @ Rs. 182/- Target Rs. 190/- SL Rs. 178/-
Buy DCB @ Rs. 109/- Target Rs. 115/- SL Rs. 105/-
Buy Gitanjali Gems @ Rs. 207/- Target Rs. 212-215/- SL Rs. 204/-
Buy Hindustan Lever @ Rs. 196/- Target Rs. 200-204/- SL Rs. 194/-
Buy Hind Oil Explo @ Rs. 129/- Target Rs. 135-140/- SL Rs. 125/- (Short Term Target Rs. 150/-)
Buy Selan Explo @ Rs. 100/- Target Rs. 105-108/- SL Rs. 95/-
Buy Shivam Auto @ Rs. 130/- Target Rs. 135-138/- SL Rs. 125/-

Others are: Zuari Industries(182), Nagarjun Construction(202), IVRCL(396), Ess Dee Alum(498), Andhra Bank(89), BOB,(278), Corporation Bank(340).

Short Sell: Emkay Shares, DLF, Vishal Retail.

Good Luck.

Intraday Tips for 9th July

Nifty: Support 4350, 4310 and Resistance 4400, 4420.
Sensex: Support 14900, 14840 Resistance 15000.

Today Market can cross 15000 again but be carefull because market is overbough and may correct anytime.

Buy Tanla Solution @ Rs. 410/- Target Rs. 418/- SL Rs. 405/-
Buy Helios & Matheson @ Rs. 158/- Target Rs. 165/- SL Rs. 154/-
Buy Polaris @ Rs. 154/- Target Rs. 158-160/- SL Rs. 150/-
Buy Avantel Softech @ Rs. 52/- Target Rs. 55-58/- SL Rs. 50/-
Buy Ranbaxy @ Rs. 362/- Target Rs. 370/- SL Rs. 356/-
Buy Cipla @ Rs. 212/- Target Rs. 218-220/- SL Rs. 209/-
Buy Balaji Tele @ Rs. 232/- Target rs. 236-240/- SL Rs. 228/-

Others are: Tech Mahindra, CTE, Hindalco, KPIT, Wipro, Moser Baer, HindZinc, NTPC.

New Listing Roman should list above Rs. 240/- Target Rs. 300+.

Good Luck.

Intraday Calls for 6th July

Nifty Support is 4300 and Resistance are 4365, 4375

Market will remain volatile and rangebound. May opens flat to nagetive but recovery expected in second half and a chance to touch 15000 today.

Buy Cipla @ Rs. 215/- Target Rs. 225/- SL Rs. 210/-
Buy Plethico @ Rs. 347/- Target Rs. 355-360/- SL Rs. 342/-
Buy Manugraph @ Rs. 144/- Target Rs. 152-155/- SL Rs. 140/-
Buy Hind Zinc @ Rs. 715/- Target Rs. 730/- SL Rs. 705/-
Buy HCL Infosys @ Rs. 184/- Target Rs. 190/- SL Rs. 180/-
Buy Nelcast @ Rs. 178/- Target Rs. 190/- SL Rs. 175/-

Others are: Reliance Ind., Nagarjuna fert. RNRL, KPIT, Reliance Energy and Hindalco.

Good Luck

Market Rumours

There is market rumour that a big upmove expected in coming days in these stocks:

Nelcast (179)
HOPFL (300)
REL (590).

Delivery Picks

These are some short term delivery picks. All are fundamently very good companies and Technically very undervalued. These co. still not participate in this bull run and may bounce any time. So buy it for good return from current levels.

Buy Nagarjuna Fert. @ CMP around Rs. 23/- Target Rs. 28-30/- (short term).
Buy Bhagyanagar India @ CMP around Rs. 42/- Target Rs. 60+ (Short term)
Buy KPIT Cummins @ CMP around Rs. 136/- Target Rs. 155+ (Short term)


Good Luck.

Markets Today

The markets ended flat but were off day's low on account of buying support from select auto and capital good stocks. The broader markets underperformed the frontline benchmark indices and ended in deep red. Pharma, realty, cement, IT and oil & gas were among the top losers on the indices. On the primary market front, today's big listing made a quiet debut on the bourses and ended with 8% premium.
Sensex was down 18.35 points or 0.12% at 14861.89, and the Nifty down 5.35 points or 0.12% at 4353.95.
About 904 shares have advanced, 1602 shares declined, and 62 shares are unchanged.
The BSE Midcap Index ended at 6,605.85 down 40 points or 0.60%.
The BSE Smallcap Index ended at 7,796.02 down 60 points or 0.8%.
The BSE Capital Goods Index was up 0.4% at 12,618.94. L&T, Thermax, AIA Engineering, Areva T&D, Greaves Cotton closed higher.
The BSE Health Care Index was down 0.7% at 3,838.54. Ranbaxy Labs, Biocon, Orchid Chemical, Cadila Health, Lupin closed lower.
The BSE Auto Index closed closed at 4,881.94 up 0.9%. Cummins, Mah and Mah, TVS Motor, Maruti Udyog, MRF ended in the green.
The BSE Metal Index closed at 10,816.64 up 0.4%. Shree Precoated, Hindalco, Jindal Saw, SAIL advanced.
The BSE FMCG Index lost 0.4% at 1,854.80. Bata India, Tata Tea, United Spirits, GlaxoSmith Con, Dabur India closed lower.
BSE Oil and Gas Index closed lower at 7,616.99 down 0.2%. IOC, Petronet LNG, Essar Oil, Reliance Petro ended in green.
The BSE IT Index lost 1% at 4,791.99. Patni Computer, Mphasis, Satyam, I-Flex Solution, Financial Tech closed weak.
The BSE Bankex was up 0.4% at 7,427.55. UTI Bank, Centurion BoP, ICICI Bank, Union Bank closed higher.
The NSE cash turnover was at Rs 14204.94 crore and the NSE F&O turnover was at Rs 41247.62 crore. The BSE cash turnover was Rs 6494.24 crore. Total market wide turnover was at Rs 61946.8 crore.

Source: moneycontrol.com

Intraday Calls for 5th July

Nifty support 4300 and Resitance are 4365, 4380.

Buy Hind Zinc @ Rs. 722/- Target Rs. 735-740/- SL Rs. 716/-
Buy Ansal Infra @ Rs. 310/- Target Rs. 320/- SL Rs. 305/-
Buy Mahindra Gesco @ Rs. 575/- Target Rs. 585-590/- SL Rs. 570/-
Buy Tata Steel @ Rs. 616/- Target Rs. 625/- SL Rs. 610/-
Buy Jyoti Structure @ Rs. 196/- Target Rs. 205/- SL Rs. 192/-

Others are: Vardhman Textile (177), Ruchi Soya (405), Madhucon Projects (240), Nagarjuna Fert. (23), Paramount Communication (38).

Good Luck

Important

Tomorrow I can't be able to post intraday calls. Some idea about tomorrow's market is given below:

Market should open positive but may see profit booking.

Stocks for buy are: Paramount Com (37), Nagarjuna Construction (196), Escorts (120), Ansal Buildwell (89), Welspun Gujrat (233).

Construction and Housing stocks looks good till DLF listing (5th July).

Vishal Retail listing should be very good around Rs. 350+.

Good Luck.

Intraday Calls for 3rd July

Nifty support is 4300 and Resistance are 4325, 4340
Sensex: Support is 14600 and Resistance are 14700, 14750

Market should open positive, In mid session can see some weakness but again recovers and remain positive.

Buy Nelcast @ Rs. 194/- Target Rs. 200/- SL Rs. 190/-
Buy TimeTechno above Rs. 600/- Target Rs. 610-620/- SL Rs. 590/-
Buy Tech Mahindra @ Rs. 1425/- Target Rs. 1445/- SL Rs. 1415/-
Buy ICSA India @ Rs. 1230/- Target Rs. 1250+ SL Rs. 1218/-
Buy Paramount Communication @ Rs. 33.5/- Target Rs. 36-38/- SL Rs. 32/-
Buy Unitech @ Rs. 520/- Target Rs. 530-540/- SL Rs. 512/-

Others are: Nagarjuna Fert. (23), RNRL (40), IFB industries (28), Selan Explo (98).

Intraday Calls for 2nd July

Nifty: Support is 4300 and Resitance are 4325, 4340
Sensex: Support is 14550 and Resistance are 14700, 14725

Today Market can see some profit booking and may be flat to negative trading whole the day.

Buy Andhra Bank @ Rs. 86/- Target Rs. 90/- SL Rs. 84/-
Buy UTI Bank @ Rs. 605/- Target Rs. 620-625/- SL Rs. 600/-
Buy Reliance Energy @ Rs. 614/- Target Rs. 622-625/- SL Rs. 610/-
Buy Allcargo Global @ Rs. 990/- Target Rs. 1010-1020/- SL Rs. 982/-
Buy Dhampur Sugar @ Rs. 71/- Target Rs. 75-77/- SL Rs. 68/-
Buy Sakthi Sugar @ Rs. 88/- Target Rs. 95+ SL Rs. 85/-
Buy PFC @ Rs. 147/- Target Rs. 150-152/- SL Rs. 145/-

Others are: Nagarjuna Fert. (23), BOB (270), Aristocrat Luggage Ltd. (39), Gokaldas Export (242), India infoline (713).

Good Luck