Thursday, July 17, 2008

Markets Today

Markets Snapshot
Markets witness a strong pull-back after losing for 5 straight sessions; close at day's high
Interest rate sensitives lead the rally
Sensex ends up 536 pts at 13112; Nifty up 130 pts at 3947
CNX Midcap Index up 1.9%, BSE Small-cap Index up 1%
All sectoral indices except metals end in the green
BSE-Bank Index up 6.3%; HDFC up 10%; SBI up 8.4%, ICICI Bank up 6.2%, HDFC Bank 6.1%
BSE Cap-Goods Index up 6.3%; Siemens up 8.8%, L&T up 8%, BHEL up 5.3%; ABB up 4.4%
BSE Realty Index up 5.4%; DLF up 9.3%; Unitech up 3.8%
BSE Auto Index up 4%; Maruti up 9.3% ahead of results on Monday, M&M up 4.3%
BSE Oil and Gas Index up 3.5%; BPCL up 9.3%; IOC up 7.5%; HPCL up 5.6%; ONGC up 4.5%, Reliance up 3.9%
BSE Metals Index down 2%; Likely cap on steel-price hike hits sentiment
SAIL down 5.5%, Tata Steel down 2.9%, Sterlite down 5.9%
Star Performers: Polaris up 16% on strong Q1 performance and announcement of Real Estate foray
Results Impact: TCS, Mindtree, Polaris, Biocon, Chambal Fert, Unichem Labs,United Breweries
NSE Advance Decline at 2 : 1 Total F&O turnover at Rs 46,300 cr Vs Rs 45,738.2 cr;
Total market turnover at Rs 62,852 cr Vs Rs 61,636.2 cr on Wednesday
BuzzersBGR Energy up 20% for second straight sessionFirst Winner up 16%IVRCL Infra up 15%Essar Shipping up 10%JP Associates up 9%
F&O Snapshot
Most of the action seen in Stock Futures space with a long bias
Nifty fut ends with a discount of 15 points
More than 30% OI build up sees in stocks like Colgate, LIC Housing, Mphasis & Polaris
Metal stocks see short build up in today’s trade
Mid Cap IT stocks like Polaris & Mphasis see fresh long build up
Large Cap IT stocks see Short covering
Fresh Longs seen in Infra Stocks like Punj Lloyd ,Nagar Const & JP Associates
Short Covering seen in Cap Goods
Hugh unwinding seen in Nifty Call Options
Options Activity:Nifty 4000 call sheds 6.7 lakh sharesNifty 4100 call sheds 4.3 lakh sharesNifty 4200 call sheds 3 lakh shares
Fresh Longs:Infra :Punj Lloyd, Nagar Const & JP AssociatesIT: Polaris, MphasisMisc: RNRL, Renuka,GMR,IFCI,ICICI Bank
Fresh Shorts:Metals: SAIL,Sterlite,Nalco,Tata SteelMisc: Cairn, RPL
Short Covering : IT : Satyam , Infosys, TCS

Source: moneycontrol.com

Intraday Trading Calls for 17th July

Indian Stock Market will see a huge strong rally today. A gap up opening and good gains expected today. Inflation numbers will be announced today at noon so some volatility can be seen at mid session but overall positive trading expected today.
Today's Intraday Trading Calls / Stock Tips:
SATYAM COMPUTER
PUNJ LLOYD
NIIT TECH
SASKEN COMMUNICATION
ROLTA INDIA
KSK ENERGY
For Levels and Targets CLICK HERE.
Today's Watch List: Infosys, HCL Tech, TCS, Tech Mahindra etc. and Realty Sector UNITECH, DLF, IBREALEST etc.
Good Luck

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



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