Intraday Calls for 23rd October

Market can see a strong rally today. A positive day after a dip corrections.

Buy for Intraday:

Ambuja Cement (145) Target 148-150 SL 144
Punj Llyod (342) Target 355 SL 338
IDBI (125) Target 130 SL 123
Parsvnath Developers (330) Target 340 SL 326
MOSER Baer (290) Target 300-310 SL 288
KS Oils (73.5) Target 76-78 SL 72
LIC Housing Finance (226) Target 232-235 SL 224
Dewan Housing (67) Target 72-75 SL 65
GTL Ltd. (241) Target 250-255 SL 238

Others Are: RCOM, TTML, Zee News, IFCI, Nagarjuna Fert., PTC, Ansal Buildwell, Orbit Corp.

Good Luck

Intraday Calls for 22nd October

Market may open with downside gap. Can recovers from intraday low.

Buys for intraday at lower levles in panic condition:

RCOM,
Triveni Eng.
GMR Infra
Indiabulls
Gammon India
Skumar Nation
SAIL
EKC
Wipro
Infosys

Good Luck.

Intraday Calls for 19th October

Market may open with gap up as Reliance & Wipro post super results and yesterday's deep fall because of just some rumours.

Buy for Intraday:

Reliance (2575) Target 2650-2700 SL 2550
Ranbaxy (422) Target 435-440 SL 415
Wipro (496) Target 515 SL 490
ACC (1038) Target 1075-1100 SL 1030
Tata Chemical (310) Target 320-325 SL 306
HDIL (672) Target 700+ SL 670
Petronet LNG (74) Target 78-80 SL 72
Selan Explo (152) Target 160-165 SL 148
NIIT Tech. (378) Target 400+ SL 374

Others: GTL Infra (39), Noida Toll (33.50), KPIT (116), Lok Housing (200), Supreme Infra (175)

Good Luck

Intraday Calls for 18th October

Market is likely open with positive and may remain positive whole day with high volatility.

Buy for intraday:

New Listing: Supreme Infra (108) Target 225+
PTC India
GTL Infra
GMR Infra
Dhanus Tech,
Noida Toll
Trent Ltd.
KPIT Cummins
Reliance Ind
RPL
ONGC

Good Luck

Markets Today

It was a dramatic and extremely important day for the markets as they hit the lower circuit stopped trading for an hour but showed remarkable recovery and ended off the lows. But the loss was fairly reasonable as compared to turmoil it saw in the opening trade. With more clarification in the statements by Sebi on Paticipatory Notes led to the recovery.
Sensex ended down over 300 points, recoverig 1400 points from the day's low.
IT stocks were the star performers and following the suit were power and capital goods that led the recovery.
Recovery was led by TCS, Reliance, Bharti Airtel, Hindalco, SAIL, Siemens, ABB, Satyam, Relaince and Infosys. Power stocks like Power Grid, PTC, Neyveli Lignite ended in green.
Top losers on the indices are ICICI Bank, HDFC, ACC, SBI, Reliance Energy.
Sensex was down 336.04 points or 1.76% at 18715.82, and the Nifty down 108.75 points or 1.92% at 5559.30.
About 1099 shares have advanced, 1885 shares declined, and 65 shares are unchanged.
The BSE Midcap Index ended at 7,600.94 down 2.3%.
The BSE Smallcap Index ended at 9,201.58 down 2%.
The BSE Bankex was down 4% at 9,607.61. SBI, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved downwards.
The BSE Capital Goods Index was down 2% at 16,824.54. L&T, Suzlon Energy, Areva T&D, BHEL, Triveni Engg closed lower.
The BSE Auto Index closed at 5,476.00 down 2%. Escorts, MRF, Cummins, Tata Motors, Bajaj Auto closed lower.
The BSE Metal Index closed at 15,719.80 down 3%. Tata Steel, SAIL, Shree Precoated, Jindal Steel, Mah Seamless, Hindalco, JindalStainless closed lower.
The BSE FMCG Index closed at 2,100.38 down 2%. United Spirits, Bata India, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 10,961.30 down 0.3%. HPCL, IOC, Essar Oil ended in red.
The BSE IT Index was up 1% at 4,676.49. TCS up 2.5%, HCL Tech up 1.5%, Satyam, Infy up over 1%.
The NSE cash turnover was at Rs 24040.11 crore and the NSE F&O turnover was at Rs 98395.58 crore. The BSE cash turnover was Rs 10282.79 crore. Total market wide turnover was at Rs 132718.48 crore. In the NSE F & O segment turnover, previous high was Rs 1 lakh cr).

Source:moneycontrol.com

Intraday Calls for 17th October

Markety will open with a dip gap down something like 4-5%. But I think this is a buying opportunity for med term and long term. The bull market will continue in long run after this correction.
Sensex Support 17800 and Nifty Support 5250

Buy in panic for short to med term.

GMR Infra
GDL
Lok Housing
IDBI
REL
Binani Industries (Binanizinc)
CESC
Power Grid

Good Luck

Intraday Calls for 16th October

Market may open flat to positive and remain volatile. Market may see some profit booking but a flat closing expected.

Buy for Today:

GDL (140) Target 145-148 SL 138
HPCL (246) Target 255 SL 244
BPCL (360) Target 370 SL 355
Jindal Stainless (182) Target 188-190 SL 180
Sterlite Optical (263) Target 275 SL 260
Lok Housing (178) Target 185-190 SL 175
Thermax Ltd. (844) Target 865 SL 830 (Buy at lower levels)
KS Oil (85.5) Target 88-90 SL 83
Selan Exploration (152) Target 160 SL 150

Others: ZF Steering, RNRL, Reliance Ind, REL, Vakrangee Software, Hind Oil Explo, Bajajhind, Triveni Eng.

Good Luck