Nifty Support 4380 and Resistance 4410, 4430.
Sensex Support 14900, 14860 and Resistance 15000, 15138.
Market should recover today and remain positive, can cross 15000 again and should close above it.
Buy NDTV @ Rs. 435/- Target Rs. 445-450/- SL Rs. 430/-
Buy Balaji Tele @ Rs. 255/- Target R.s 260/- SL Rs. 252/-
Buy India Infoline @ Rs. 748/- Target Rs. 760-775/- SL Rs. 740/-
Buy GMR Industries @ Rs. 158/- Target Rs. 165/- SL Rs. 154/-
Buy Carborundum Universal @ Rs. 186/- Target Rs. 192+ SL Rs. 182/-
Buy Roman @ Rs. 316/- Target Rs. 325-332/- SL Rs. 310/-
Buy BOB @ Rs. 278/- Target Rs. 285/- SL Rs. 275/- (Ultimate Target Rs. 300+)
Buy Bombay Dyeing @ Rs. 618/- Target Rs. 635/- SL Rs. 612/-
Others are: RNRL, Nagarjuna Fert., Prithvi Info, DLF, CHD Developers, Peninsula Land, Unitech.
Gook Luck.
Thursday, July 12, 2007
Wednesday, July 11, 2007
Markets Today
The markets ended in red on account of weak cues from global markets and downgraded FY08 guidance from Infosys. On the back of weak guidance the entire IT pack was beaten down and was among the top losers. However,
Selective buying was seen in metal, realty, cement and construction space. Even the midcap and smallcap space was buzzing outperforming the benchmark indices.
Post Infosys results the IT stocks took it on the chin and the index is down 2.9%. In its results Infy has said that there will be pressure on the margins due to appreciation in rupee. The rupee is trading at 40.38 today.
Indiabulls Real, Parsvnath, Akruti Nirman, Mahindra Gesco are the gainers in the realty space.
Sensex closed at 14,910 down 99 points, Nifty closed at 4387 down 19 points.
The BSE Midcap Index ended at 6,704.40 up 39 points or 0.60%.
The BSE Smallcap Index ended at 8,074.86 down 65 points or 0.8%.
The BSE Capital Goods Index was closed flat at 12,755.97. Carborundum, Punj Lloyd, Greaves Cotton, Gammon India, Areva T&D closed lower.
The BSE Health Care Index was down 0.3% at 3,838.54. Sterling Bio, Matrix Lab, Panacea Biotech, Ranbaxy Labs, Lupin, Sun Pharma closed lower.
The BSE Auto Index closed closed at 4,920.28 down 0.5%. Escorts, MRF, Tata Motors, Bharat Forge, Mah and Mah, Tube Investment ended in the red.
The BSE Metal Index closed at 10,816.64 down 1.5%. Hind Zinc, Tata Steel, JSW Steel, SAIL, JindalStainless, Jindal Steel declined.
The BSE FMCG Index gained 0.3% at 1,854.80.
BSE Oil and Gas Index closed flat at 7,616.99. Reliance Natura, Essar Oil, Petronet LNG, Reliance Petro, ONGC in green.
The BSE IT Index lost 3.3% at 4,791.99. Infosys, TCS, Satyam, Mphasis, Tech Mahindra, Wipro, HCL Tech closed weak
The BSE Bankex was down 0.2% at 7,427.55. PNB, ICICI Bank, SBI, Kotak Mahindra closed lower.
BSE Realty index was up 3%. Indiabulls Real, DLF, Unitech, Sobha Developer, Parsvnath, Peninsula Land were the top gainers
The NSE cash turnover was at Rs 11167.49 crore and the NSE F&O turnover was at Rs 34043.56 crore. The BSE cash turnover was Rs 5475.08 crore. Total market wide turnover was at Rs 50686.13 crore.
Selective buying was seen in metal, realty, cement and construction space. Even the midcap and smallcap space was buzzing outperforming the benchmark indices.
Post Infosys results the IT stocks took it on the chin and the index is down 2.9%. In its results Infy has said that there will be pressure on the margins due to appreciation in rupee. The rupee is trading at 40.38 today.
Indiabulls Real, Parsvnath, Akruti Nirman, Mahindra Gesco are the gainers in the realty space.
Sensex closed at 14,910 down 99 points, Nifty closed at 4387 down 19 points.
The BSE Midcap Index ended at 6,704.40 up 39 points or 0.60%.
The BSE Smallcap Index ended at 8,074.86 down 65 points or 0.8%.
The BSE Capital Goods Index was closed flat at 12,755.97. Carborundum, Punj Lloyd, Greaves Cotton, Gammon India, Areva T&D closed lower.
The BSE Health Care Index was down 0.3% at 3,838.54. Sterling Bio, Matrix Lab, Panacea Biotech, Ranbaxy Labs, Lupin, Sun Pharma closed lower.
The BSE Auto Index closed closed at 4,920.28 down 0.5%. Escorts, MRF, Tata Motors, Bharat Forge, Mah and Mah, Tube Investment ended in the red.
The BSE Metal Index closed at 10,816.64 down 1.5%. Hind Zinc, Tata Steel, JSW Steel, SAIL, JindalStainless, Jindal Steel declined.
The BSE FMCG Index gained 0.3% at 1,854.80.
BSE Oil and Gas Index closed flat at 7,616.99. Reliance Natura, Essar Oil, Petronet LNG, Reliance Petro, ONGC in green.
The BSE IT Index lost 3.3% at 4,791.99. Infosys, TCS, Satyam, Mphasis, Tech Mahindra, Wipro, HCL Tech closed weak
The BSE Bankex was down 0.2% at 7,427.55. PNB, ICICI Bank, SBI, Kotak Mahindra closed lower.
BSE Realty index was up 3%. Indiabulls Real, DLF, Unitech, Sobha Developer, Parsvnath, Peninsula Land were the top gainers
The NSE cash turnover was at Rs 11167.49 crore and the NSE F&O turnover was at Rs 34043.56 crore. The BSE cash turnover was Rs 5475.08 crore. Total market wide turnover was at Rs 50686.13 crore.
Source: Moneycontrol.com
Intraday Calls for 11th July
Nifty support 4380, 4340 and Resistance 4420, 4235.
Sensex Support 14920, 14860 and Resistance 15075, 15138
Market can see profit booking at higher levels and may correct more, So market should negative for today. Everyone's eyes on Infosys results.
Buy Tata Motors above Rs. 750/- Target Rs. 760-770/- SL Rs. 744/-
Buy Infosys @ Rs. 2020/- Target Rs......... SL Rs. 2000/-
Buy Nitin Fire @ Rs. 410/- Target Rs. 420+ SL Rs. 404/-
Buy Escorts @ Rs. 121/- Target Rs. 125/- SL Rs. 118/-
Buy Cipla @ Rs. 212/- Target Rs. 218-220/- SL Rs. 208/-
Buy Sterling Bio @ Rs. 173/- Target Rs. 178-180/- SL Rs. 170/-
Buy Arvind Mills @ Rs. 51/- Target Rs. 55+ SL Rs. 48/-
Others are: RNRL, Nagarjun Fert., Kei Industries, TimeTechno.
Short Sells are: Orbit Corp (325), JP Associates (807),
Good Luck.
Sensex Support 14920, 14860 and Resistance 15075, 15138
Market can see profit booking at higher levels and may correct more, So market should negative for today. Everyone's eyes on Infosys results.
Buy Tata Motors above Rs. 750/- Target Rs. 760-770/- SL Rs. 744/-
Buy Infosys @ Rs. 2020/- Target Rs......... SL Rs. 2000/-
Buy Nitin Fire @ Rs. 410/- Target Rs. 420+ SL Rs. 404/-
Buy Escorts @ Rs. 121/- Target Rs. 125/- SL Rs. 118/-
Buy Cipla @ Rs. 212/- Target Rs. 218-220/- SL Rs. 208/-
Buy Sterling Bio @ Rs. 173/- Target Rs. 178-180/- SL Rs. 170/-
Buy Arvind Mills @ Rs. 51/- Target Rs. 55+ SL Rs. 48/-
Others are: RNRL, Nagarjun Fert., Kei Industries, TimeTechno.
Short Sells are: Orbit Corp (325), JP Associates (807),
Good Luck.
Tuesday, July 10, 2007
Markets Today
The markets ended on in red with moderate losses on the back of weak cues from Asia and Europe. Selective buying was seen in auto and IT stocks. The broader markets also closed weak inline with the benchmark indices.
Selling pressure was seen in capital goods, banking and oil & gas stocks.
Tata Motors, Maruti Udyog, HUL, Dabur India and nalco were among the top gainers on the indices.
Reliance Communication, HDFC Bank, SBI, Hero Honda, HPCL were among the top losers on the indices.
Sensex was down 35.85 points or 0.24% at 15009.88, and the Nifty down 13.35 points or 0.30% at 4406.05.
About 1142 shares have advanced, 1445 shares declined, and 78 shares are unchanged.
The BSE Midcap Index ended at 6,665.60 down 18 points or 0.30%.
The BSE Smallcap Index ended at 8,009.66 down 10 points or 0.13 %.
The BSE Capital Goods Index was down 1.1% at 12,760.17. Thermax, Suzlon Energy, Reliance Infra, Kalpataru Power, Alstom Projects closed lower.
The BSE Health Care Index closed flat at 3,843.75. Aventis Pharma, Sun Pharma, Nicholas Pirama, Novartis India, Lupin closed lower.
The BSE Auto Index closed closed at 4,945.84 up 1.2%. Escorts, Tata Motors, Bharat Forge, Maruti Udyog ended in the green.
The BSE Metal Index closed at 10,942.38 up 0.7%. JSW Steel, NALCO, SAIL, Tata Steel, Mah Seamless, Jindal Steel advanced.
The BSE FMCG Index lost 0.3% at 1,839.08. Marico, P and G, ITC, Britannia, Godrej Consumer closed lower.
BSE Oil and Gas Index closed lower at 7,615.96 down 0.5%. HPCL, GAIL, Petronet LNG, Reliance Petro, IOC ended in red.
The BSE IT Index gained 0.8% at 5,036.99. Tech Mahindra, Infosys, Satyam, TCS, HCL Tech closed higher.
The BSE Bankex was down 0.9% at 8,104.09. Canara Bank, Andhra Bank, Union Bank, HDFC Bank closed lower.
BSE Realty index was up 0.6%.
The NSE cash turnover was at Rs 10702.89 crore and the NSE F&O turnover was at Rs 32720.71 crore. The BSE cash turnover was Rs 5092.42 crore. Total market wide turnover was at Rs 48516.02 crore.
Selling pressure was seen in capital goods, banking and oil & gas stocks.
Tata Motors, Maruti Udyog, HUL, Dabur India and nalco were among the top gainers on the indices.
Reliance Communication, HDFC Bank, SBI, Hero Honda, HPCL were among the top losers on the indices.
Sensex was down 35.85 points or 0.24% at 15009.88, and the Nifty down 13.35 points or 0.30% at 4406.05.
About 1142 shares have advanced, 1445 shares declined, and 78 shares are unchanged.
The BSE Midcap Index ended at 6,665.60 down 18 points or 0.30%.
The BSE Smallcap Index ended at 8,009.66 down 10 points or 0.13 %.
The BSE Capital Goods Index was down 1.1% at 12,760.17. Thermax, Suzlon Energy, Reliance Infra, Kalpataru Power, Alstom Projects closed lower.
The BSE Health Care Index closed flat at 3,843.75. Aventis Pharma, Sun Pharma, Nicholas Pirama, Novartis India, Lupin closed lower.
The BSE Auto Index closed closed at 4,945.84 up 1.2%. Escorts, Tata Motors, Bharat Forge, Maruti Udyog ended in the green.
The BSE Metal Index closed at 10,942.38 up 0.7%. JSW Steel, NALCO, SAIL, Tata Steel, Mah Seamless, Jindal Steel advanced.
The BSE FMCG Index lost 0.3% at 1,839.08. Marico, P and G, ITC, Britannia, Godrej Consumer closed lower.
BSE Oil and Gas Index closed lower at 7,615.96 down 0.5%. HPCL, GAIL, Petronet LNG, Reliance Petro, IOC ended in red.
The BSE IT Index gained 0.8% at 5,036.99. Tech Mahindra, Infosys, Satyam, TCS, HCL Tech closed higher.
The BSE Bankex was down 0.9% at 8,104.09. Canara Bank, Andhra Bank, Union Bank, HDFC Bank closed lower.
BSE Realty index was up 0.6%.
The NSE cash turnover was at Rs 10702.89 crore and the NSE F&O turnover was at Rs 32720.71 crore. The BSE cash turnover was Rs 5092.42 crore. Total market wide turnover was at Rs 48516.02 crore.
Source: Moneycontrol.com
Intraday Tips for 10th July
Nifty Support 4390, 4370 and Resistance 4450.
Sensex Support 14950, 14890 and Resistance 15100, 15138.
Market should open positive but may see resistance in mid session. Market can correct a bit.
Buy Kei Industries @ Rs.91/- Target Rs. 95-98/- SL Rs. 87/-
Buy Nelcast @ Rs. 182/- Target Rs. 190/- SL Rs. 178/-
Buy DCB @ Rs. 109/- Target Rs. 115/- SL Rs. 105/-
Buy Gitanjali Gems @ Rs. 207/- Target Rs. 212-215/- SL Rs. 204/-
Buy Hindustan Lever @ Rs. 196/- Target Rs. 200-204/- SL Rs. 194/-
Buy Hind Oil Explo @ Rs. 129/- Target Rs. 135-140/- SL Rs. 125/- (Short Term Target Rs. 150/-)
Buy Selan Explo @ Rs. 100/- Target Rs. 105-108/- SL Rs. 95/-
Buy Shivam Auto @ Rs. 130/- Target Rs. 135-138/- SL Rs. 125/-
Others are: Zuari Industries(182), Nagarjun Construction(202), IVRCL(396), Ess Dee Alum(498), Andhra Bank(89), BOB,(278), Corporation Bank(340).
Short Sell: Emkay Shares, DLF, Vishal Retail.
Good Luck.
Sensex Support 14950, 14890 and Resistance 15100, 15138.
Market should open positive but may see resistance in mid session. Market can correct a bit.
Buy Kei Industries @ Rs.91/- Target Rs. 95-98/- SL Rs. 87/-
Buy Nelcast @ Rs. 182/- Target Rs. 190/- SL Rs. 178/-
Buy DCB @ Rs. 109/- Target Rs. 115/- SL Rs. 105/-
Buy Gitanjali Gems @ Rs. 207/- Target Rs. 212-215/- SL Rs. 204/-
Buy Hindustan Lever @ Rs. 196/- Target Rs. 200-204/- SL Rs. 194/-
Buy Hind Oil Explo @ Rs. 129/- Target Rs. 135-140/- SL Rs. 125/- (Short Term Target Rs. 150/-)
Buy Selan Explo @ Rs. 100/- Target Rs. 105-108/- SL Rs. 95/-
Buy Shivam Auto @ Rs. 130/- Target Rs. 135-138/- SL Rs. 125/-
Others are: Zuari Industries(182), Nagarjun Construction(202), IVRCL(396), Ess Dee Alum(498), Andhra Bank(89), BOB,(278), Corporation Bank(340).
Short Sell: Emkay Shares, DLF, Vishal Retail.
Good Luck.
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.
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.
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
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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