Monday, July 9, 2007

Intraday Tips for 9th July

Nifty: Support 4350, 4310 and Resistance 4400, 4420.
Sensex: Support 14900, 14840 Resistance 15000.

Today Market can cross 15000 again but be carefull because market is overbough and may correct anytime.

Buy Tanla Solution @ Rs. 410/- Target Rs. 418/- SL Rs. 405/-
Buy Helios & Matheson @ Rs. 158/- Target Rs. 165/- SL Rs. 154/-
Buy Polaris @ Rs. 154/- Target Rs. 158-160/- SL Rs. 150/-
Buy Avantel Softech @ Rs. 52/- Target Rs. 55-58/- SL Rs. 50/-
Buy Ranbaxy @ Rs. 362/- Target Rs. 370/- SL Rs. 356/-
Buy Cipla @ Rs. 212/- Target Rs. 218-220/- SL Rs. 209/-
Buy Balaji Tele @ Rs. 232/- Target rs. 236-240/- SL Rs. 228/-

Others are: Tech Mahindra, CTE, Hindalco, KPIT, Wipro, Moser Baer, HindZinc, NTPC.

New Listing Roman should list above Rs. 240/- Target Rs. 300+.

Good Luck.
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Friday, July 6, 2007

Intraday Calls for 6th July

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
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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).
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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.
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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.
Source: moneycontrol.com
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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
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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.
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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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