Market View 24/12/2012 12:55pm

Market has given the correction and again making its base for new rally.
Until market is able to break the major resistances 5950 - 5970 with
higher volumes, market would be range bound between 5800 - 6000.

If it breaks any of this range, then you could see some fireworks on
either side. Overall bias is still positive and 5800 - 5830 will act as
immediate support for the market.

Todays stock pick:
Buy TCS @ 1265 - 1270
Stop Loss - 1200 (closing basis)
Target - 1280, 1295, 1320, 1350, 1400
Duration - 1 month

Market View 21/12/12 11:50am

Market is is Bullish mode and all dips are opportunity to BUY only.

Todays correction is a very good opportunity to buy.

You can BUY Nifty @ 5880
SL - 5800 (closing basis)
Target - 5920, 5950, 5970, 6000, 6050, 6150
Duration - 10-15 days

Buy Bank Nifty @ 12400
SL - 12100 (closing basis)
Target - 12500, 12600, 12750, 12900, 13000
Duration - 10 to 15 days

Market view 19/12/2012 12:30pm

As mentioned earlier, market is in clear upmove.

You can buy Nifty and Bank Nifty today also for intraday or positional.

Now it is trading around 5948, 12540

You can keep days low as Stop loss

And keep for target of 6000 - 6030 target for 2-3 days.

Bank Nifty can move upto 12700 - 12800

Market View 18/12/12 11:50am

Market surprised by NO CRR, NO Rate Cut.

But still market is bullish, you can take long positions and
our targets can still be seen.

Market View 18/12/2012 10:40am

Market has corrected last week and now it is at a very good level.

Today is RBI policy and the market is preparing itself for it.

According to the market momentum, it is going up only.

Rate cut is very much unlikely but there could be CRR cut which
can happen. If Repo rate cut would happen, market can even break
6000 levels.

Buy Nifty @ 5895
Stop Loss - 5865
Target - 5930, 5970, 6000

Market view for 17/12/12

Market has been in highly consolidating mode and it is better to avoid
trading for some time till the range is broken since the volatility is
very high and stop losses are hitting.

5838 is now acting as immediate support and 5965 is our immediate
resistance. Tomorrow is the weekly closing and this would indicate
how market wants to move.

There is lot of speculative trades happening and we may get into trap
either way. So it would be better to be cautious.

Bank Nifty is looking stronger and Nifty is looking weak. Though
weakness is clearly visible, index management and multiple supports are
preventing it to come down. Market may either correct upto 5800 or 5730
or it may even break 5965 resistance and make new highs.

The direction of the market, though is up it is not getting enough momentum
and hence wait and watch. Be cautious and keep positions low.

Our NMDC call has hit stop loss and come to BUY mode. You can BUY
NMDC with Stop loss below 150 (closing basis), for target of 164, 170,
176, 195.

You can also BUY Bharti Airtel @ 310 - 314
Stop Loss - 307 (closing basis)
Target - 317, 324, 328, 340
Duration - 1 month

Market View 11/12/12

Market has been consolidating and would give a breakout on upside
and you could see market moving towards the 6000 mark.

Bank Nifty is looking stronger than Nifty and likely to hit higher than
Nifty and can soon move towards 13,000 mark.

For tomorrow in this strong market, we have a SELL call on NMDC.

Sell NMDC around 152 - 154
Stop Loss - 157 (Intraday); 163 (Positional)
Target - 150, 146, 142, 140, 136

Duration - 1 week

Market View 7/12/2012

Market sentiment is anyway positive. Since 5950 is channel breakout and
6000 is psychological resistance, there could be volatile movements. But
all corrections are only opportunity to BUY.

Next short term target will be 6150. There can be a correction expected in
between these levels. You can build long positions with 5800 (spot levels)
as stop loss.

Do not jump to BUY at open, see how market will move for first 15 mins
and then you could buy. There may be small correction during open or
after it moves above 5950. You will get better rates.

Market view 6/12/2012 4pm

You can see the way nifty has moved from the levels we recommended you to buy.
Nifty now can easily test 6030 - 6050 tomorrow or monday.

It is good to be on long side only. Do not short in this market.

Bank Nifty has also been moving much higher and can also make new highs.

If you look at the levels where we have recommended you, you would be making
Rs.5,000/- per lot in both Nifty and Bank Nifty.

Happy Trading :)

Market view 6/12/2012 10:20 am

Market has discounted FDI in retail and you could see profit booking.
This is good for the market. If any of you had long position, hold on
to the long and add more positions at 5850-5860 (spot levels).

You can see all our stock picks are performing really well.

Market view 6/12/2012

Market is in clear break out and you can expect 100 points move on nifty today.
Nifty will open with a gap of 30 - 50 points in the open itself.

You can buy Nifty and Bank Nifty at the open itself and cover them at 6000 on
spot levels. Market can test 6030 - 6050 levels also. You need to trade with
strict stop loss and take profits appropriately.

6000 - 6050 will be important resistance and correction may come till 5850 - 5900.
Once the correction comes, it will give you opportunity to buy again.

Looking at the current pattern market is making, we don't see it surprising if
market test lifetime high of 6350 also in december.

Even Bank Nifty is very strong, you can look for 12,500 levels on spot for
profit booking.

Market View 5/12/2012 8:50am

You can see that market was consolidating for last 2 days and now you can see breakout on the positive side. Market might open today above 5900. If it sustains 5900 for first 2 hours, you could see market move upto 5950.

Support: 5830 - 5850

Resistance : 5920 - 5950

If market fails to make high, then there could be sideways consolidation again. Market can continue its upward momentum according to me.

Tata Chemicals Update 4/12/2012 12:15pm

Tata Chemicals is rocking. People who bought Tata Chemicals at the rate
we had asked them to buy, you would have earned Rs.30,000/- by now.

There is only buying and no selling in this counter and the volumes are
growing like anything. It is looking that all our targets will achieve today
itself.

Enjoy :)

JSW Energy Update 4/12/2012 11:30am

JSW Energy has come down, do not enter at this levels.

Only if it moves above 65.8 to 66, which is our levels, then
only enter the stock. Aggressive traders can enter once it
starts moving above 65.6.

If it fails to do that, then do not enter JSW Energy for intraday.
Long term traders can take positions at lower levels.

Stock Pick 4/12/2012 10am

As we have mentioned, market is giving a lot of opportunity to make money
on long side only.

As i mentioned M&M, HDFC Bank and Tata Steel are consolidating.
JP associates has hit most of our targets, now enter only after it breaks 102 decisively,
you can see again some sideways momentum there.

Tata Chemicals and Exide industries are seeing a lot of upward momentum.
Tata Chemicals has nearly touched 350 today in the morning and volumes are
quite encouraging.

BUY JSW Enegergy @ 65.8 to 66 (December Futures)

SL - 64 (closing basis)

Target - 68, 70, 74, 76, 80

Duration - 1 week

Market View 4/12/2012

Market is in consolidation mode. The overall market breadth,
market is giving a buying opportunity. The market may be
range bound and stock specific action can be seen in many
counters.

You could have seen our stock picks and they have been
super hit. All dips are giving buying opportunity until market
breaks 5750 (spot level). Do not short and get caught.

Support - 5830 - 5850
Resistance - 5920 - 5950

Market Update 3/12/2012 3pm

Market has gone to consolidation mode and become stock specific again.

As we have explained you earlier, all the downfall upto 5750, you should
only use it for buying. Do not be short in this market.

M&M volumes have not picked up, so there could be still consolidation.
Short term traders can book profits and wait for a dip.

Exide and Tata chemicals have seem breakout with higher volumes and hence
we can hold these stocks for higher targets.

Tata Steel is having upward momentum and consolidating, you can trade
with positive bias.

HDFC Bank is also consolidating, though long term stock has upward momentum,
it may not give very big moves and hence all short term traders can exit from their
long positions around 700-705.

Tata Chemicals Update 3/12/2012 12:10pm

Tata Chemicals nearing the 3rd target. Net profit of
Rs.12,000/- from the level we have recommended.

Enjoy :)

Exide & Tata Chemicals Upodate 3/12/2012 11:56am

Tata Chemicals nearby to its 2nd target. Net profit of Rs.8,000/-

Exide Industries nearby to its 2nd target. Net Profit of Rs.6,000/-

Tata Steel and M&M are equally roaring. Keep in touch and make
HUGEEEEE MONEY with us. :)

Exide Update 3/12/2012 11am

Exide Industries 1st Target Achieved.

Rs.2,000/- profit :)

Tata Chemicals has taken support and started its momentum, now the momentum looks quite strong.

Tata Steel has been giving very strong momentum as i had told you after 380, it will move higher faster. It can easily touch 403. Between 400 - 420, it may consolidate and after that you can see move upto 470 easily.

M&M has been trading near 960, this stock was recommended at 916 levels. Now from here again you can see targets of 980, 1000.

HDFC Bank is consolidating and it can be range bound for some time between 680 - 700. If anyone has not booked profits, you can do that around 700. Long term investors can still hold.

Market View 3/12/2012 8:45am

If you look at friday market, it continued the upward momentum and our Tata Steel, Tata Chemicals, HDFC Bank, M&M all have hit their targets.

Today's Support - 5830 - 5850
Resistance - 5920 - 5950

All dips will give opportunity to BUY. Do not Short in this market, momentum is quite strong.

Today if M&M breaks 960 level on spot, you can see again good momentum.

Todays Stock Pick, BUY Exide @ 140 - 142
Stop Loss - 136 (closing basis)
Target - 144, 146, 150, 160, 180

Duration - 1 to 3 months

Happy Trading :)