Markets Today

The markets had a disappointing close especially for the frontline indices after showing a strong start. The markets couldn't hold their strength at the higher leves and saw a sharp fall. Metal, FMCG and banking stocks were among the top losers. However, the broader markets outperformed the frontline indices. The BSE smallcap index ended relatively higher helping the market breadth.
Healthcare, IT, cement, power and oil & gas stocks provided buying support.
Reliance Energy, ACC, Ambuja Cements, NTPC, Tata Motors, Wipro, Bharti Airtel, Reliance Comm were among the top gainers on the indices.
ITC, ICICI Bank, Tata Steel, Maruti Udyog, ONGC, HUL are among the top losers.
Sensex was up 29.74 points or 0.20% at 14932.77, and the Nifty up 16.85 points or 0.39% at 4356.35.
About 1825 shares have advanced, 1094 shares declined, and 70 shares are unchanged.
The BSE Midcap Index ended at 6,574.90 up 21 points or 0.3%.
The BSE Smallcap Index ended at 7,914.37 up 72 points or 1%.
The BSE Capital Goods Index was closed at 12,804.66 up 0.5%. Suzlon Energy, Punj Lloyd, Reliance Infra, Crompton Greave, Alstom Projects, Lakshmi Machine closed higher.
The BSE Auto Index closed closed flat at 4,743.80. Exide Industrie, Bajaj Auto, Cummins, Ashok Leyland, Apollo Tyres ended in the red.
The BSE Metal Index closed at 11,041.86 down 0.9%. Jindal Saw, Sterlite Ind, JindalStainless, NALCO, Tata Steel declined.
The BSE FMCG Index lost 1.6% at 1,937.07. ITC, Colgate, United Brewerie, Britannia ended in red.
BSE Oil and Gas Index closed at 7,804.55 up 1%. Reliance Natura, Essar Oil, Petronet LNG, HPCL, IOC closed in green.
The BSE IT Index gained 0.5% at 4,618.47. Infosys, Satyam, TCS, iflex closed higher.
The BSE Bankex was down 0.4% at 8,371.91. Federal Bank, ICICI Bank, Axis Bank, Centurion Bank closed lower.
BSE Realty index was up 1.6%. DLF, Akruti Nirman, Mahindra Gesco, Sobha Developer, Peninsula Land were the top gainers
The NSE cash turnover was at Rs 9370.93 crore and the NSE F&O turnover was at Rs 32668.01 crore. The BSE cash turnover was Rs 4631.76 crore. Total market wide turnover was at Rs 46670.7 crore.

Source:Moneycontrol.com

Intraday Calls for 7th August

Nifty: Support 4300, 4260 & Resistance 4380, 4400.
Sensex: Support 14800, 14600 & Resistance 15000.

Market may bounce back. A gap up opening expected but high volatility contineous. Overall positive market today.

Buy Gujarat Alkali @ Rs. 139/- Target Rs. 145/- SL Rs. 136/-
Buy ITC @ Rs. 172/- Target Rs. 175-178/- SL Rs. 168/-
Buy M & M @ Rs. 680/- Target Rs. 692-700 SL Rs. 676/-
Buy Micro Technologies @ Rs. 255 Target Rs. 262+ SL Rs. 250/-
Buy PunjLlyod @ Rs. 278/- Targer Rs. 285/- SL Rs. 274/-
Buy Parsvanath Dev. @ Rs. 332/- Target Rs. 340- SL Rs. 328/-

Others: GMR Infra, Reliance, IndiaBulls, BOB, BOI, DCB, ShaktiPumps, LokHousing, Mindtree, Nelcast.

Good Luck.

Markets Today

The markets ended in deep red with hefty losses on selling seen in scrips across sectors tracking global peers. Realty, banking, capital goods and metal stocks were the worst hit. Realty index was down over 4% followed by banking, capital goods and metal indices down over 2%.
ICICI Bank, Hindalco, Maruti Udyog, Wipro, Larsen, Reliance Comm were among the top losers on the indices.
SBI, TCS, Dr Reddy's, Ranbaxy Labs, Dabur India, BPCL, HPCL are among the gainers on the indices.
Sensex was down 235.37 points or 1.55% at 14903.03, and the Nifty down 62.05 points or 1.41% at 4339.50.
About 1240 shares have advanced, 1668 shares declined, and 81 shares are unchanged.
The BSE Midcap Index ended at 6,552.93 down 0.8%.
The BSE Smallcap Index ended at 7,842.59 down 0.6%.
The BSE Bankex was down 1% at 8,055.14. ICICI Bank, IOB, Centurion Bank, HDFC Bank, Federal Bank moved downwards.
The BSE Capital Goods Index was down 2% at 12,739.99. Suzlon Energy, Triveni Engg, Larsen, Bharat Bijlee, Siemens, BHEL closed lower.
The BSE Health Care Index was down 1% at 1,964.27. Orchid Chemical, Opto Circuits, Nicholas Pirama, Divis Labs, Wockhardt, Sterling Bio closed lower.
The BSE Auto Index closed at 4,746.12 down 1%. MRF, Maruti Udyog, Cummins, Escorts closed lower.
The BSE Metal Index closed at 11,139.43 down 1.6%. Shree Precoated, JSW Steel, Hindalco, Jindal Steel, Jindal Saw closed lower.
The BSE FMCG Index closed at 1,945.26 up 0.4%. GlaxoSmith Con, HUL, Bata India, Tata Tea, Britannia closed lower.
BSE Oil and Gas Index closed at 7,719.26 down 1%. Essar Oil, GAIL, ONGC, Reliance, Reliance Petro ended in red.
The BSE IT Index lost 2% at 4,597.82. Mphasis, Patni Computer, Financial Tech, Infosys, Tech Mahindra, Wipro closed lower.
The NSE cash turnover was at Rs 8990.81 crore and the NSE F&O turnover was at Rs 37564.99 crore. The BSE cash turnover was Rs 4313.22 crore. Total market wide turnover was at Rs 50869.02 crore.

Source: Moneycontrol.com

Intraday Calls for 6th August

Nifty support 4300 and Resistance 4440, 4500.
Sensex Support 14900 and Resistance 15200.

Markets opens weak as global markets are in dip red. But I think market can bounce from the support of 14900. If break and trade below that then we can see 14600, 14400 levels in coming days. Be carefull from the high volatility of the market today.

Buy Voltas, Wipro, HPCL, Micro Technologies, MTNL, JP Associates, Prithvi Info, Gitanjali Gems, Nelcast, ROMAN at decline.

Sell Bharti, M&M, Lanco Infra, Indiabulls, Parsvnath, RCOM.

Good Luck.

Markets Today

Overall it was a good trading day for the markets wherein it opened on a very euphoric note and proceeded to trade steady during the first half of day but slipped little bit in second half of the day. Finally it ended the last trading day with decent gain.
Realty, capital good and consumer durable stocks were the flavour of the day, however all the key indices traded in green through the day. Pharma and oil & gas indices were not up to the mark and struggled to keep their heads up in mild green.
The Sensex ended up 152.70 points or 1.02% at 15138.40, and the Nifty was up 45.20 points or 1.04% at 4401.55. About 1718 shares have advanced, 1184 shares declined, and 84 shares are unchanged.
BSE Midcap was up 89.82 points at 6605.24 and small cap was up 86.08 points at 7891.54.
BSE Auto Index was ended up 49.57 points at 4796.65, Exide, Cummins, Punjab Tractors and Apollo Tyres were the top gainers.
BSE Bankex closed up 101.71 points at 8048.41, SBI, IOB, Canara Bank, ICICI Bank and Oriental bank were star performer today.
Consumer Durable index was up 85.33 points at 4173.66, Lloyd Electric, Blue Star, Rajesh Exports and Titan Industries closed in green
Capital Good index was up 184.34 points at 12976.28, Kirloskar Bros, Triveni Engg, Lakshmi Machine, Siemens and Alstom Projects had oustanding performance.
BSE FMCG index was up 24.78 points at 1957.11, United Spirits, Godrej Consumer, Britannia and HUL were top gainers in this space.
BSE IT index ended up 55.19 points at 4704.30, I-Flex Solution, Mphasis, Financial Tech and Patni Computer were the top performer.
BSE realty index was up 160.51points at 7618.30, Indiabulls Real estate, Akruti Nirman, Peninsular land and DLF were the top gainers.
NSE metal index closed up 155.26 points at 11324.63, SAIL, Jindal Stainless, Jindal Saw and Tata Steel ended with decent gains.

Turnover today:
NSE Cash - 11224.89 cr
BSE cash - 5040.84 cr
NSE F&O - 44285.38 cr
Total - 60551.11 cr

Markets this week:
Sensex down 96 points or 0.63% at 15138.4; recovers 240 points from week's low
Sensex swings 673 points; week's high at 15569, low at 14896
Nifty down 44 points or 1% at 4401; recovers 75 points from week's low
Nifty swings 207 points; week's high at 4534, low at 4327
CNX Midcap Index up 0.3%, BSE Small Cap Index down 0.44%
BSE IT Index down 3.5%; TCS, Wipro, Infosys down over 4% each
BSE Auto Index down 3%, M&M down 13%, Tata Motors down 6%
BSE Realty, Oil & Gas Indices down 2.5% each
BSE Cap Goods Index up 2%; L&T up 4%, BHEL up 3.5%, ABB up 2%
Index Gainers: SBI up 9%, HDFC up 4%
Realty/ Infra stocks: Lanco up 23%, Orbit up 20%, IVRCL Infra up 11.5%, Akruti up 6.3%
Other mid-cap gainers; TV today up 23.5%, Mphasis up 16.5%, United Spirits up 11.5%

Source:moneycontrol.com

Intraday Calls for 3rd August

Nifty Strong support 4300, & Resistance 4390, 4440.
Sensex Support 14850, 14900 & Resistance 15200.

Markets may opens positive and remain positive. May see ups and downs.

Buy TimeTechno @ Rs. 555/- Target Rs. 570+ SL Rs. 548/-
Buy Elecon Engineering @ Rs. 627/- Target Rs. 635-640/- SL Rs. 622/-
Buy Rain Calcining @ Rs. 42/- Target Rs. 44-46/- SL Rs. 40/-
Buy Safari @ Rs. 34/- Target Rs. 36-38/- SL Rs. 32/-
Buy Tulip IT @ Rs. 702/- Target Rs. 725/- SL Rs. 695/-
Buy REL @ Rs. 752/- Target Rs. 760-770/- SL Rs. 748/-
Buy India Cement @ Rs. 218/- Target Rs. 225/- SL Rs. 215/-

Buy Sugar Stocks: Renuka, Bajajhind, Sakthi Sugar.

Other Stock Ideas: Mphasis, GNFC, Mindtree, Wipro, Suzlon, Tantia Construction.

Good Luck.

Intraday Calls for 02nd August

Nifty Strong support 4300 & Resistance 4390, 4420.
Sensex Support 14890 & Resistance 15200.

Market may bounce back today & remains positive whole day.

Buy BlueBird @ Rs. 66/- Target Rs. 70+ SL Rs. 62/-
Buy Gujarat Alkalies @ Rs. 135/- Target Rs. 142-145/- SL Rs. 132/-
Buy Ranbaxy @ Rs. 368/- Target Rs. 375-378/- SLRs. 364/-
Buy Visu International @ Rs. 12.80/- Target Rs. 14-15/- SL Rs. 12/-
Buy OrientalBank @ Rs. 240/- Target Rs. 246-250/- SL Rs. 236/-
Buy Everonn Sys @ Rs. 480/- Target Rs. 500+ SL Rs. 472/-
Buy UNITED SPIRITS @ 1328/- Target Rs. 1345+ SL Rs. 1320/-
Buy United Phos @ Rs. 320/- Target Rs. 328-330/- SL Rs. 316/-
Buy Nelcast @ Rs. 156/- Target Rs. 165+ SL Rs. 152/-

Buy: Reliance, Reliance Capital, RCOM, Prithvi Info, ICICI Bank, SBI, Orbit Corp.

Good Luck.