Sunday 13 October 2013

Sell Colgate Palmolive @ 1280 - 1290

Sell Colgate Palmolive @ 1280 - 1290
Stop loss - 1310 (closing basis)
Target - 1250, 1230, 1200
Duration - 1 week

Buy Vijaya Bank @ 37

Buy Vijaya Bank @ 37
Stop loss - 36 (closing basis)
Target - 39, 41
Duration - 3 days

Buy TTK Prestige @ 3400

Buy TTK Prestige @ 3400
Stop loss - 3380 (closing basis)
Target - 3475, 3520
Duration - 3 days

Sell ZEEL @ 245 - 248

Sell ZEEL @ 245 - 248
Stop loss - 250 (closing basis)
Target - 240, 235
Duration - 1 week

Buy IGL @ 280 - 282

Buy IGL @ 280 - 282
Stop Loss - 272 (closing basis)
Target - 285, 290
Duration - 3 days

Friday 11 October 2013

Buy Infosys @ 3240 - 3250

Buy Infosys @ 3240 - 3250
Stop Loss - 3190
Target - 3290, 3330, 3380, 3450
Duration - 3 days

Wednesday 9 October 2013

Sell GSPL @ 56 - 55

Sell GSPL @ 56 - 55
Stop loss - 58 (closing basis)
Target - 52, 49
Duration - 1 week

Buy ACC @ 1080 - 1120

Buy ACC @ 1080 - 1120
Stop loss - 1050
Target - 1135, 1150, 1180, 1220
Duration - 1 month

Buy Exide Industries @ 130 - 132

Buy Exide Industries @ 130 - 132
Stop loss - 128 (closing basis)
Target - 135, 139
Duration - 1 week

Buy Grasim @ 2660 - 2700

Buy Grasim @ 2660 - 2700
Stop Loss - 2650 (closing basis)
Target - 2750, 2780, 2830
Duration - 1 week

Buy Petronet LNG @ 120 - 125

Buy Petronet LNG @ 120 - 125
Stop Loss - 118 (closing basis)
Target - 130, 133, 137
Duration - 1 week

As stated earlier, market can test previous high

As I have informed earlier, market can test it earlier high of 6150.

Market will range between 5700 - 6100 for this month (+/- 100 points)

Market would become more stock specific and hence concentrate
on trading stockwise and ignore index for some time

Tuesday 8 October 2013

Jindal Stell - Again continued to hit to 1st target

Jindal Steel, i had told you to hold yesterdays position, today you could have exited
with cummulative profits of Rs.12,000+ with just one lot

You can exit from the counter and wait for better rates

Havells also crossed most of our targets

Havells has continued to perform well and has already reached
most of our targets. For those who bought at the time we suggested
would have earned Rs.12,500+ by now. Enjoy!

We need to wait for getting better rates for Sun TV and Apollo Tyres

Do not trade in Sun TV and Apollo Tyres until we get a good rate.

You will surely get better rates to buy and at that place your margin
of safety is better. So have patience

Mcleod Russel - Top Pick of the Day - 6.5% up

You can see our Stock pick, Mcleod Russel has reached
all our targets and is the top performer for the day.

With market lot size of 1000, you could have made Rs.15,000/-
with this one counter for a day investing hardly 35k, which means
50% ROI for just 1 day

Monday 7 October 2013

Sell Infosys @ 3050-3080

Sell Infosys @ 3050 - 3080
Stop Loss - 3200 (closing basis)
Target - 2900, 2800, 2500
Duration - 1 week

Buy Sun TV @ 410 - 420

Buy Sun TV @ 410 - 420
Stop Loss - 408 (closing basis)
Target - 430, 435, 450, 480
Duration - 1 month

Buy Apollo Tyres @ 65-70

Buy Apollo Tyres @ 65-70
Stop Loss - 63 (closing basis)
Target - 74, 78
Duration - 1 week

Buy Mcleod Russ @ 245-250

Buy Mcleod Russ @ 245 - 250
Stop Loss - 240 (closing basis)
Target - 255, 260, 265, 270
Duration - 1 week

ITC - Exit from the counter

I had told earlier that ITC counter has reversed and you can Buy
instead of Sell like i had told earlier. If you have done that, exit
from the counter. Your loss of maybe Rs.500 - 1000 would have
been recovered and now you would have earned back Rs.5000

Adani Ports - One more perfect pick

I had also given Buy for Adani Ports @ 142-145, and you can see
we had opportunity to buy at that rate and also hit a good profit.

If you had got this right, you would have earned Rs.6,000/- in profits

Wow! Today with the market being low, all our Buy recommendations
have given good profits

Havells - One more Superhit counter for the day

I have given Havell's counter Buy @ 650-660, today's we
had opportunity to buy @ 665-670 and it has also touched
our 1st Target.

This counter has lot size of 500. If you have got this right,
you would have earned Rs.7,500/-

Jindal Steel - One more profit counter for the day

Jindal Steel, i had given recommendation to enter @ 235 - 240.
Today's low has been around the same place.

So if you have got this right, you would have earned Rs.5000/-
on intraday basis. You can trial stop loss and continue to hold.

Axis Bank - Do not trade till direction is clear

If you look at Axis Bank, I had recommended as Buy at 1060 - 1080.
Today's low has been 1044, near to our stop loss.

Direction of the counter is volatile and hence needs to be avoided.

If someone has taken our recommendation, they are still in profit mode.
Exit for timebeing

Hindalco - Top Gainer for the day

You can see that we had given you the recommendation for Hindalco
to Buy @ 116-118, todays low is 116.5 and it has ended around our
1st Target. For intraday day traders, as well as positional traders, this
recommendation has been profitable.

For positional traders, they ca trail the stop loss and hold the position.

This counter is 4000 per lot. So today if you have got it right at 118,
you have earned Rs.12,000+ in one day with just one lot.

Saturday 5 October 2013

Buy Axis Bank @ 1060-1080

Buy Axis Bank @ 1060 - 1080
Stop Loss - 1040 (closing basis)
Target - 1120, 1150, 1180
Duratio - 1 week

Buy Hindalco @ 118

Buy Hindalco @ 116 - 118
Stop Loss - 113 (closing basis)
Target - 123, 128. 132
Duration - 1 week

Buy Jindal Steel @ 240

Buy Jindal Steel @ 235 - 240
Stop Loss - 228 (closing basis)
Target - 250, 260, 280, 300


Buy Havells @ 650

Buy Havells around 650 - 660
Stop Loss - 630 (closing basis)
Target -680, 690, 700
Duration - 1 week to 10 days

Stock Pick for 7th October 2013

Buy Adani Ports @ 142 - 145
Stop Loss - 141 (Closing Basis)
Target - 150 ( 1 to 3 days)
165, 185 (1 month)


Friday 4 October 2013

Market View 4th October 3pm

Market is quite volatile and stop loss triggered. Better do not trade.
Exit from all positions. Let us wait for monday to see clear directions.

As told earlier, since there are results season, there could be more
volatile market and hence it can be range bound between 5700 - 6100

Next week, October 11, Infosys results can give some direction
for the market

Market View 4th October 2:25 pm

Nifty has formed Inverse Head and Shoulder pattern and it has started trading about the
neckline, now it is the right time to enter the market.

As given call in the earlier, you can keep stop loss at 5910 and trade.

Intraday it can touch, 5990 - 6010

Since it is breaking important resistance of 5950, market can test earlier high of
6150 again in the days to come.

Thursday 3 October 2013

Updates on Stock Tips

Godrej Industries, rate is good, you can buy with stop loss below todays day low 264 (intraday)

Exide Industries, rate is good, you can buy and keep stop loss below 128 on closing basis

ITC has reversed, so do not sell. If sold, double buy, keep todays low as stop loss

Market View 4th October 2013, 12:20pm

Market has shown its resilience and it is clearly getting ready to break the
resistance at 5950. You can Buy Nifty @ 5920 - 5930
Stop Loss - 5910
Target - 5950, 5980, 6010
Duration - 1 day

Stock Tips for 4th October 2013

Buy Godrej Industries @ 268
Stop Loss - 260 (closing basis)
Target - 275, 284, 290
Duration - 3 days - 1 week

Buy Exide Industries @ 130-135
Stop Loss - Below 128 (closing basis)
Target - 138, 141
Duration - 3 days - 1 week

Sell ITC @ 338 - 340
Stop Loss - 345
Target - 332, 325, 320

Market is likely to be range bound between  5700 - 6100
as of now.


Market View 3rd October - After Market Hours

Today market has given a surprise move on the upside. It is said that there was a freak trade.

Market has made Head and Shoulder Pattern and now if it breaks 5800 again with high
volumes, it will confirm the pattern.

However looking at the move on the upside, we need to closely watch for important
resistance at 5920 - 5950

Since there are no major news from domestic or international market, it is difficult for the
bullish action to sustain. However, if it breaks the resistance, it might touch 6150 - 6200
again. But to cross the all time high, there needs to be triggers which are missing as of now.

Results season is starting and some of the major results to watch out would be definitely
Infosys, which is happening on 11th October

Tuesday 26 February 2013

Market View 27/2/2013 12:30pm

Market has corrected and has started taking support at a important retracement level
of 5760. You can Buy Nifty @ 5780 - 5800
SL - 5750 (closing basis)
Target - 5880, 5920, 5970
Duration - 1 week

If market trades above 5970 decisively, then it would have negated all the downward
risks and continue its bullish to for target of 6150 and after that maybe even cross
all time high in the month of March-April.


Tuesday 29 January 2013

Market View 30/1/2013 10:30am

Market has shown correction yesterday and was able to hold 6040 levels.
The correction was more of a profit taking and still we do not see any
panic in it.

You can Buy Nifty if market moves above 6080.

Reliance has completed its correction and started its journey towards
uptrend. If you already have it, you can either average it or hold.

Else, you can BUY @ 895-900
SL - 880
Target - 920, 940, 960
Duration - 1 month

Market volatile, do not hold longs until expiry

Market is highly volatile and it is advisable not to hold any longs until
market corrects and gives a meaningful bounce.

Market is likely to have a good amount of correction and since there is
expiry in 2 days, better keep positions light

Monday 28 January 2013

Market view 29/1/13 1:25pm

Market had discounted 25 basis Repo rate cut and it is clearly
showing that.

Sell Nifty @ 6080-6090
SL - 6110
Target - 6040, 6020, 6000
Duration - Intraday

ACC has reversed, now it is a good BUY

ACC has taken support at 200 DMA and now it can move higher.
If you have short position, cover and go long, else you can take
position.

ACC BUY @ 1330-1335
SL - 1320
Target - 1340, 1360, 1380
Duration - 1 month

Sunday 27 January 2013

Stock Tip 28/11/2013 11:45am

Market would be range bound with 6000 on downside and 6200 on
upside. It is better to trade in stocks instead of index.

Sell ACC @1330 - 1340
SL - 1350
Target - 1320, 1300, 1285
Duration - 1 to 3 days

Friday 25 January 2013

Our targets of Nifty, Havells, Mcleod Russel all hit

You can see our Intraday target of 6080 achieving on Nifty.
Even Havells hit its 1st target of 460.
Our Sell call of Mcleod Russel for 330 (actual 331) also was
achieved.

You can see the accuracy of levels for Tata Steel, our stop loss
was 398 and the days low is 398.55. So it showed that the stock
has completed its correction and ready for new rally.

Reliance will take little more time for consolidating and once it
hits 940 and starts moving above it, you can see fresh rally.

Thursday 24 January 2013

Market has reversed, Buy Nifty

Market has taken support and reversed, you can
BUY Nifty @ 6035-6040
SL - 6020
Target - 6080, 6100
Duration - 1 to 2 days

Market view 25/1/2013 10:50am

Market is in corrective mode. Do not take any fresh long positions.
Any positions you are already holding, follow strict stop losses
and wait for the dip to buy at lower levels.

You can short Nifty @ 6030-6040
Stop loss - 6060
Target - 6000, 5980, 5950
Duration - 1 to 3 days

You can see Mcleod Russel melting.

Sell Karnataka Bank @ 154-155
Stop - 158
Target - 150, 140, 120

Wednesday 23 January 2013

Mcleod Russel & Tata Steel 1st target achieved

Our both calls of Mcleod Russel sell call and
Tata Steel Buy call have hit their first target.

Market is showing weakness and may now test
6000, 5980. If this level breaks, you can see
market correcting upto 5940.

But for today, i do not see market breaking so much
until 5980-6000 holds.

You may see a bounce from any of these levels.

Market View and recommendations 24/1/2013

Market has been range bound and this range bound situation may continue
and you may see some stock specific actions. 6020 has shown that it is
acting as strong support as of now. Downside risk as informed earlier
is limited and market is in bullish mode. But the resistance at 6100-6130
is equally strong.

US markets have been showing some great strength and have started making
new highs. US market rally may become the next trigger since there are not
much triggers left from local perspective.

For tomorrow,
Sell Mcleod Russels @ 340-350
SL - 360
Target - 330, 320, 310.
Duration - 1 month

Buy Tata Steel @ 400 - 405
SL - 398
Target - 410, 420, 440, 460
Duration - 1 month

Bajaj Auto short call target achieved

Today you can see that our target for Bajaj Auto of 2010 has achieved.
HUL has been struggling to move up ans selling pressure is still high.
You can short again around 470-480
SL - 495
Target - 460, 440, 420

You need to exit at any of these levels and wait for next move.
Don't keep waiting for last target and get stuck.

RIL is quite resilient, so you can continue holding long.

Havells can be bought @ 640-650
SL - 630
Target - 660, 680, 700, 720
Duration - 1 month

Tuesday 22 January 2013

HUL target achieved, RIL also quite strong

You can see that today our HUL target achieved. As soon as it breached
495, it cracked down till our target of around 460.

RIL has been quite strong and it is not showing any weakness. There could
be some small corrections upto 900-905, but it would give opportunity to
BUY only. After it breaks 940 with volumes, you can see good rally from
there.

Market is now in correction mode, it may test the following levels:
6019, 6000, 5980, 5950.

Please note that these are important levels and they may act as reversal
points too. For the Janurary series, the downside is limited to max. 5950
and upside can be upto 6200+.

Sunday 20 January 2013

Market Update 21/1/2013 12:45 am

Market breadth is looking weak and you will get opportunity to short
at higher levels, around 6080 to 6100
SL - 6120
Target - 6040, 6020, 5980

Avoid Reliance for the time being as we see shorts being at higher
levels. You can short it for targets of 900, 880 and from there you
may again start seeing buying interest coming.

HUL has 200 DMA at 495, if it is able to hold this level, then it
can reverse, else you can get the targets which have been given.

Market View 21/1/2013

Market undertone is bullish as i have been always telling you.
But there are many stocks which have been in over bought
situation and there could be lot of volatility to be seen.

One positive note is that the put writing open interest has shifted
from 5800 to 5900 and slowly even 6000 is also picking up.
So the index might still keep jumping between 5980 to 6120, it
is advisable not to trade in nifty and trade in stock specifics.
If you get good rates, you can surely buy or sell in the above
mentioned range.

Reliance result has surprised the market and you may see huge
rally in the stock and it may not be surprising if Reliance crosses
1000+ mark within a day or two.

So, Buy Reliance @ 900 - 920
SL - 880
Target - 940, 960, 1000, 1050, 1100
Duration - 1 to 3 months

Sell Hindustan Unilevel @ 490-500
SL - 510
Target - 480, 470, 460, 440
Duration - 1 month

Thursday 17 January 2013

Market view 18/1/2013

Market is in clear uptrend, but there is lot of volatility at this level.

For tomorrow, the Nifty levels to watch out are:
Supports: 6000, 6019, 6042
Resistance: 6058, 6070, 6100

If market opens above 6053 and holds this level upto 11am, then you
can Buy Nifty with stop loss at 6038, for target of 6100, 6130

Sell Bajaj Auto @ 2060 - 2070 (spot levels)
Stop loss - 2080
Target - 2050, 2030, 2010

Sunday 6 January 2013

Market view 7/1/2013

Market as informed earlier is up only.
There could be small halt around 6065-6080.
If there is continuous buying at this level, then
the immediate target would be 6150.

This week is results season starting and hence
the focus should be stock specific only.

Stock Pick for today:
Buy ABB @ 716-720 (Spot Price)
Stop Loss - 704 (Closing basis)
Target - 730, 736, 742, 749, 760, 780, 800
Duration - 1 month

Friday 4 January 2013

Market view 4/1/2012 1:45pm

Market is in clear uptrend but there is lot of congestion at this area
and hence would not be able to go up very easily. There are complete
stock specific actions that you can see.

Till market reach 6150, all dips are to be used for buying only.
There can be a dip upto 5950 - 5930 once. Wait for it to enter the
market again.

Todays recommendation:
Buy LIC Housing @ 293-294 (Future levels)
Stop Loss - 290 (closing basis)
Target - 297, 300, 303, 310, 320
Duration - 1 to 2 months

Tuesday 1 January 2013

Market View 2/1/2012 9:08 am

Market has broken important channel at 5950 with high volumes yesterday.
Now it will move up atleast 100-150 points in 2 days.

Buy Nifty @ 5980-5990 (Spot levels)
Stop Loss - 5950
Target - 6030, 6080, 6150
Duration - 1 to 3 days

You can also Buy Bank Nifty at open with todays low
as stop loss, for a target of 13000, 13200