Intraday Calls for 10th October

Market will open with gap up like 100-150 points up and remian positive but high volatility will be there.

Nifty Support 5200, 5160 Resistance 5390, 5500

Sensex Support 18000, Resistance 18500

Buy for Intraday:

Triveni Eng. (99) Target 115-120 SL 97

Balrampur Chini (71) Target 78-80 SL 69

Renuka Sugar (730) Target 760-775 SL 725

RCOM (706) Target 725 SL 700

IDEA (135.5) Target 140 SL 133

PFC (206) Target 212-215 SL 202

RPL (161) Target 165-168 SL 159

NTPC (217) Target 225 SL 215

KPIT Cummins (115) Target 120-125 SL 113

GMR Infra (167) Target 172-175 SL 165

Others: TTML, South Indian Bank, Indowind Energy, IGateGlobal, Patni Computers, HTMT Global.

Good Luck

Biggest day in Indian markets: Sensex above 18K

The markets made some historic moves today breaking the old records and made some new ones. It was truly the biggest day for Indian capital markets. The benchmark indices have outperformed the broader markets. After a dull start victory came in with Sensex hitting the 18,000 mark today. This came in as a surprise after the news that UPA, Left to meet again on US Nuke Deal on October 22.

It was absolute heady for the bulls making biggest intra day gains. Despite all the political turbulence which markets seem to be ignoring it and making new records by not just touching new highs but has registered some record gains on record high turnover.

Sensex logged biggest intra day absolute gains ever. Sensex was up nearly 800 points and Nifty surged over 250 points. Sensex saw gains of 1000 points from the day's low with the backdrop of political unceratinty.

Sensex not only hit the 18,000 mark but was well above that mark as the rally got stronger after yesterday's fall. The cushion was of 300 points and the Sensex pushed towards 18,300. Nifty has shown a surge of 350 points from the day's low moving towards 5350 mark. 20-25 points premium is seen in Nifty futures. All the BSE sector indices ended in green up over 2%.

18,000 JOURNEY
SENSEX TAKES 8 DAYS TO MOVE FROM 17,000 TO 18,000
CONTRIBUTION - RIL 185 PTS, INFOSYS 152 PTS, L&T 103 PTS
CONTRIBUTION - REL 104 PTS, TATA STEEL 42 PTS, REL COMM 93 PTS
CONTRIBUTION - BHARTI 69 PTS, BHEL 59 PTS, NTPC 39 PTS, SATYAM 33 PTS
TOP 5 STOCKS HAVE CONTRIBUTED TO 60% OF RALLY FROM 17,000 TO 18,000
FIIs HAVE INVESTED $3.54 BN IN CASH MARKET

Source: moneycontrol.com

Intraday Calls for 09th October

Market can open with downside and remain very volatile but any positive news in political front, A strong rally expected. I think that market may bouce back from intraday lower levels, But uncertainity will be there so keep wait & watch policy.

Sensex Support 17300, 17050 Resistance 17777

Nifty Support 5040, 5020 Resistance 5240

Buys for Intraday at lower levels:

RCOM (641)

VOLTAS (161)

Patni Computers (478)

Vakrangee Software (184)

I Gate Global (264)

RPL (150)

GMR Infra (159) Buy at every decline for short term target of 200+

HCC (163)

Sujana Tower (160)

Prithvi Info (248)

IDBI (133)

KS Oils (75)

Good Luck

Markets Today

The markets saw a sharp cut in today's session on account of political concerns looming large. They opened in positive taking cues from Asia but saw a sharp fall.
Some off the Asian markets which opened in green were off day's high and ended weak.
Sensex was down nearly 300 points or 2%. Broader markets have taken it on their chin and are the midcap and smallcap indices were down 4%. Breadth of the market was absolutely weak, with advance decline ratio at 1:10.
Sensex closed down 281.97 points or 1.59% at 17491.39, and the Nifty down 100.75 points or 1.94% at 5085.10.
About 621 shares have advanced, 2364 shares declined, and 56 shares are unchanged.
Heavy selling was witnessed across the sectors led by realty, metals and pharma.
Top gainers on the indices are Satyam, Bhel, TCS, Wipro, VSNL and HDFC Bank.
Top losers on the indices are are Reliance Energy, Ranbaxy, Zee Entertainment, Unitech ACC and Tata Steel.
The BSE Midcap Index ended at 7,211.60 down 3.6%.
The BSE Smallcap Index ended at 8,801.00 down 3.3%.
The BSE Bankex was down 2.6% at 8,984.86. Andhra Bank, Karnataka Bank, Kotak Mahindra, SBI, ICICI Bank, Yes Bank, Bank of India moved upwards.
The BSE Capital Goods Index was down 2% at 15,445.63. Bharat Elec, Praj Industries, Jyoti Structure, BEML, Triveni Eng, Gammon India closed lower.
The BSE Auto Index closed at 5,270.71 down 2%. TVS Motor, Ashok Leyland, Maruti Udyog, Apollo Tyres, Mah and Mah, Exide Industrie, Hero Honda closed lower.
The BSE Metal Index closed at 13,589.61 down 4%. Tata Steel, SAIL, Shree Precoated, Jindal Steel, Mah Seamless, Hindalco, JindalStainless closed lower.
The BSE FMCG Index closed at 2,089.61 down 1%. United Spirits, Bata India, United Brewerie, Colgate, HUL closed lower
BSE Oil and Gas Index closed at 9,797.65 down 3%. RNRL, Essar Oil, Petronet LNG, IOC, Reliance, Reliance Petro ended in red.
The BSE IT Index was up 0.6% at 4,770.31. Satyam, HCL Tech, Infosys, Patni Computer, Wipro, TCS closed higher
The BSE realty Index lost 3.6% at 9,283.22. Anant Raj Ind, Ansal Propertie, Unitech, Indiabulls Real, Omaxe closed lower.
The NSE cash turnover was at Rs 15985.52 crore and the NSE F&O turnover was at Rs 69842.2 crore. The BSE cash turnover was Rs 7210.25 crore. Total market wide turnover was at Rs 93037.97 crore.

Source: moneycontrol.com

Intraday Calls for 8th October

Market should open positive and may touch and cross 18 K in morning session because of strong global markets opening. But remains very volatile and if effected from political reasons than market can corrects from higher levels.

Nifty Support 5160 5100 Resistance 5260 5290
Sensex Support 17500, 17300 Resistance 18000

Buys for Intraday:

RCOM (645) Target 660+ SL 640
Bharti Airtel (993) Buy above 1000 for Target 1030 SL 990
BSEL Infra (64) Target 68-70 SL 62
Kalyani Steel (478) Target 500 SL 474
Tinplate (56) Target 60 SL 54
Advanta India (1065) Target 1090+ SL 1058
Tata Power (944) Target 965 SL 938
NIIT Ltd (131) Target 135+ SL 129
IFCI (85) Target 88-90 SL 84
Astral Poly (130) Target 138-140 SL 128

Others: Reliance Industries, Ispat Industries (32), GTC Industries (280), Prajay Eng (306), KS Oils (72.5), TTML (40.5).

Good Luck

Markets Today

The markets ended the week on a flat note with a negative bias after seeing a strong rally during the week. Sensex couldn't touch the 18k mark and is at a shouting distance of 18,000 mark. But on weekly basis Sensex saw good gains of over 2.5%.
Most of the BSE sector indices closed lower, even the broader markets were lacklustre.
Select heavies were like L&T, BHEL, Reliance and Bharti Airtel were supporting the markets at the lower levels. Buying was seen in select capital goods, telecom and oil & gas stocks.Selling pressure is seen in interest rate senstives like auto, bank and realty stocks. Even FMCG and IT stocks are trading at lower levels.
Reliance hit Rs 2,500 mark and Bharti Airtel hit Rs 1000 mark.
On the macroeconomic front, inflation came in higher at 3.42% versus 3.23%.
Power Grid got listed at Rs 85 versus issue price of Rs 52/share, debuting with market cap of Rs 39,000 crore and closed at around Rs 100 levels.
Sensex was down 3.78 points or 0.02% at 17773.36, and the Nifty down 22.80 points or 0.44% at 5185.85.
About 1071 shares have advanced, 1900 shares declined, and 69 shares are unchanged.
Top gainers on the Sensex were Larsen & BHEL up 6%, ABB up over 3.5%, Bharti up 4% and Reliance Comm up 2%.
Top losers on the Sensex were NTPC, Tata Motors, ITC, Hindalco, Wipro and TCS.
The BSE Midcap Index ended at 7,485.51 down 1.2%.
The BSE Smallcap Index ended at 9,101.87 down 0.44%.
The BSE Bankex was down 2.5% at 9,177.32. Union Bank, IOB, Kotak Mahindra, Allahabad Bank, Bank of Baroda moved downwards.
The BSE Capital Goods Index was up 3% at 15,725.25. L&T, Reliance Infra, Kirloskar Bros, Greaves Cotton, Jyoti Structure closed higher
The BSE Auto Index closed at 5,356.83 down 1%. Ashok Leyland, Hind Motors, Bharat Forge, Tata Motors, TVS Motor closed higher.
The BSE Metal Index closed at 14,122.36 down 2%. JSW Steel, Hindalco, Tata Steel, JindalStainless closed lower.
The BSE FMCG Index closed at 2,107.02 down 2%. Marico, Bata India, ITC, United Spirits, United Brewerie closed lower
BSE Oil and Gas Index closed up 1% at 10,109.80. Reliance, IOC, BPCL, HPCL ended in red.
The BSE IT Index was down 0.6% at 4,740.27. Satyam, HCL Tech, Infosys, Patni Computer, Wipro, TCS, Financial Tech closed higher.
The NSE cash turnover was at Rs 20212.79 crore and the NSE F&O turnover was at Rs 64188.48 crore. The BSE cash turnover was Rs 7756.15 crore. Total market wide turnover was at Rs 92157.42 crore.

Source:moneycontrol.com

Intraday Calls for 5th October

Market should open positive and may touch 18K in today's trade.

Nifty Support 5160 Resistance 5260, 5290
Sensex Support 17500, 17300 Resistance 18000

Buys for Intraday:

Power Grid (New Listing) It can list at 80-85 and Can go for 100-120
3I Infotech (152) Target 155-158 SL 150
TV Today (152) Target 158-160 SL 150
Alstom Projects (872) Target 895-900 SL 865
UNITECH (338) Target 355-360 SL 334
RCOM (638) Target 648-660 SL 632
GIPCL (95) Target 100+ SL 92
NTPC (227) Target 235 SL 225
HDIL (707) Target 725-735 SL 700
AMD Metaplast (49) Target 52-55 SL 47

Others: Reliance Ind, REL, RPL, KPIT, Hexaware, India Infoline, Paramount Com, Cipla.

Good Luck