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.