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
Friday, July 6, 2007
Thursday, July 5, 2007
Market Rumours
There is market rumour that a big upmove expected in coming days in these stocks:
Nelcast (179)
HOPFL (300)
REL (590).
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.
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.
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
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
Tuesday, July 3, 2007
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.
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).
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).
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