Monday, September 3, 2007

Intraday Calls for 3rd Sept.

Market may open with positive but some profit booking can be seen at higher levels and can correct from higher levels.

Nifty Support 4440, 4390 and Resistance 4490, 4510
Sensex Support 15260, 15180 and Resistance 15380, 15450.

Buy for Intraday:

IDBI (124) Target 127-130 SL 122 (Ultimate Target 135+ in Very Very Short Term)
IFCI (65) Target 67-68 SL 63
IndiaBulls (537) Target 550+ SL 532
IB Realest (494) Target 505 SL 486
Unitech (240) Target 245+ SL 236
Reliance Petro (115) Target 118-120 SL 113
Deep Industries(97) Target 101 SL 95
Opto Circuits (454) Target 465 SL 448

Others: Soma Textile (29), ALPS Ind (46), Vaibhav Gems (223), HFCL (20), BRFL (227),

Bhushan Steel (760)

Good Luck.

Friday, August 31, 2007

Intraday Calls for 31st August

Market opens flat to positive but remain volatile and may close flat to nagetive. Some profit booking can be seen.

Sensex support 15000, 14850 and Resistance 15300.
Nifty Support 4290, 4350 and Resistance 4440.

Buy for Today:

Areva T&D (1690) Target 1725+ SL 1675
Shyam Tele (82) Target 85 SL 79
Mid-Day Multimedia (45) Target 48-50 SL 43
Dish TV (79) Target 83-85 SL 76
Hotel Leela (42) Target 45 SL 40
Exide Ind (61) Target 65 SL 58
Genus Oversease (470) Target 480 SL 466
Siemens (1252) Target 1270 SL 1245
VSNL (407) Target 412-415 SL 402

Others: Nagarjuna Fert (36), S Kumar Nation (108), IDBI (118), Donear (209), Ahmednagar Forging (250).

Good Luck

Thursday, August 30, 2007

Markets Today

The markets ended in green backed by strong global cues. The uptrend was well supported by auto, banking, steel, telecom and IT stocks. Realty, aluminium and oil & gas stocks were under pressure. Sensex closed above 15,100 mark and Nifty closed above 4,400 mark. BSE Smallcap outperformed and was up nearly 1%.
Top gainers on the indices are Siemens, Hero Honda, GSK, Sterlite, HDFC Bank, Reliance Communication, VSNL, Tata Motors, Mah and Mah, Ranbaxy Labs.
Top losers on the indices are BPCL, SBI, Cipla, NTPC, Nalco, GAIL, Zee Entertainment, Hindalco, Reliance Energy and Grasim.
Axis Bank, Puravankara Projects and HDIL were the most actively traded counters today.
Nifty September Future discount has once again slipped to 54.55 points at 4413.
Sensex was up 128.70 points or 0.86% at 15121.74, and the Nifty up 53.00 points or 1.22% at 4412.30.
About 1726 shares have advanced, 1204 shares declined, and 86 shares are unchanged.
The BSE Midcap Index ended at 6,485.44 up 35.05 points or 0.5%.
The BSE Smallcap Index ended at 7,957.96 up 84 points or 1.06%.
The BSE Capital Goods Index was up 0.5% at 13,306.72. Triveni Engg, Areva T&D, Jyoti Structure, Siemens, Kirloskar Bros closed higher.
The BSE Health Care Index was up 0.4% at 3,501.17. GlaxoSmithKline, Panacea Biotech, Sun Pharma, Novartis India, Wockhardt were among the top gainers.
The BSE Auto Index closed closed at 4,776.70 up 1.4%. Amtek Auto, Escorts, Exide Industrie, TVS Motor ended higher.
The BSE Metal Index closed at 11,297.31 up 1%. SAIL, Shree Precoated, Sterlite Ind, Jindal Steel, Sesa Goa advanced.
The BSE FMCG Index gained 1% at 1,949.32. Nestle, United Brewerie, GlaxoSmith Con, Dabur India, ITC closed higher.
BSE Oil and Gas Index closed at 7,936.51 up 0.5%. Reliance, Petronet LNG, ONGC, BPCL, HPCL, Essar Oil ended in green.
The BSE IT Index lost 1% at 4,552.30. Patni Computer, HCL Tech, Financial Tech, Mphasis, Infosys closed lower
The BSE Bankex was up 1.3% at 7,751.50. Allahabad Bank, Axis Bank, Federal Bank, HDFC Bank, Andhra Bank ended higher.
The NSE cash turnover was at Rs 15091.47crore and the NSE F&O turnover was at Rs 71282.94 crore. The BSE cash turnover was Rs 5643.45 crore. Total market wide turnover was at Rs 92017.86 crore.
Source:moneycontrol.com

Intraday Calls for 30th August

Market can open with a gap up. Another positive closing expected.

Sensex Resistance 15200, 15350 Support 14900.
Nifty Resistance 4400, 4440 Support 4300

Today's Buy for Intraday:

Axis Bank (612) Target 630 SL 605
State Bank of India (1575) Target 1600+ SL 1565
Thermax Ltd. (632) Target 650 SL 625
GMR Infra (825) Target 850 SL818
Sel Manufacturing (164) Target 172-175 SL 158
KPR Mills (182) Target 190 SL 178
Renuka Sugar (532) Target 540-548 SL 525
Mic Electronics (428) Target 445 SL 422
Asian Granito (109) Target 115 SL 105

Others: Jayant Agro, Uttam Galva Steel, CHD Developers, UCO Bank.

Good Luck

Wednesday, August 29, 2007

Intraday Calls for 29th August

Market will open with a gap down about 300-400 points due to global weakness. But its a good buying opportunity. Market can recover from intraday lower levels.

Sensex Support: 14600, 14440 and Resistance 15000
Nifty Support 4240 and Resistance 4340, 4360

Buy at lower levels for intraday:

Bajaj Hindustan
Renuka Sugar
TTML
Triveni Eng.
Hexaware
GMR Infra
Axis Bank
KPR Mills

Good Luck.

Tuesday, August 28, 2007

Intraday Calls for 28th August

Market can open positive but profit booking can be seen at higher levels. So it may be flat trading throughout the day with high volatility.

Sensex Resistance 15000 and Support 14600, 14400
Nifty Resistance 4360, 4400 and Support 4290, 4240

Buy:

PSTL Target 330+ SL 315
Era Construction Target 505 SL 486
Essel Propack Target 62-65 SL 58
Moser Baer Target 295 SL 282
HCC Target 128-130 SL 120
Syndicate Bank above 75/- Target 78-80 SL 73
Corporation Bank Target 335 SL 318
IVRCL Target 375 SL 360
KPIT Target 120+ SL 114
Paramount Communication Target 30 SL 25

Sell (High Risk):
Indian Bank, India Cement, Zylog System.

Good Luck.

Monday, August 27, 2007

Intraday Calls for 27th August

Today's Market: A gap up opening & A positive closing expected. It can see some profit booking in mid-session but close with very nice gain.

Nifty Resistance 4300, Support 4140
Sensex Resistance 14600, 14740, Support 14300, 14200

Buy:

SBI Target 1490+ SL 1455
Reliance Capital Target 1110 SL 1075
Praj Industires Target 182-185 SL 174
BOI Target 230+ SL 220
ORBIT Corp Target 415-425 SL 390
Time Techno Target 540+ SL 510
PunjLlyod Target 252-255 SL 242
Mysore Cement Target 50+ SL 44
Sail Target 150+ SL 142
BHEL Target 1780 SL 1740
Century Textilie Target 765 SL 742

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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