Todays Stock Tips And Outperformers
Buy Nifty above 4730 tgt 4803-4840. If stays abv 4855 for 4-5 mins then extended tgts are 4880-4918 sl 4686
Sell Nifty below 4800 tgt 4730-4690 If stays below 4670 for 4-5 mins then extended tgt is 4620
For today clearly buy on dips we may open around day pivot 4745. Most likely we might be range bound for tomorrow.
Nifty spot levels for the day:
4690 – 4744 – 4791 – 4827 – 4884
AXISBANK
Buy Above 1022
Target 1050-1075
Stoploss 1010
Futures Calls for 9th February 2010
Buy Century Textiles Fut abv 477 tgt 489-495 sl 468.75
Sell Century Textiles Fut below 489 tgt 477-471 sl 49
KOTAKBANK
Buy above 741
sl 735
Targets 751,760
Or if trades below 719
Short KOTAKBANK
SL 726
Targets 709,700
AXISBANK
Buy above 1033
sl 1025
Targets 1044,1052
Or if trades below 1008
Short AXISBANK
SL 1016
Targets 997,988
JSWSTEEL
Buy above 1003
sl 995
Targets 1014,1022
Or if trades below 962
Short JSWSTEEL
SL 970
Targets 954,944
HINDUSTAN UNILIVER (LAST CLOSE 236)
BUY WITH SL OF 229
ASPER LAGNAA TIMES…
TRADING HOUR
upto….10.30am… NEUTRAL
10.30am..to…12.15pm… POSITIVE
12.15pm…to…2.15pm..NEGATIVE
2.15pm..to..closing.. POSITIVE
Expected OUT PERFORMERS FOR 09/02/2010
TELECOM AND PRIVATE BANKS
Stock Tips For Today
If we take Fibbo level from 5300 to 4530, the correction that happened now touched 23.6% at 4700 and bouncing back.
The short trade on Saturday turned (a bit) good and closed above 4750, which in sense indicates a bounce till 38.2% level pegging at 4827. So longers can have an initial target as 4827 and if Nifty sustain at that point, we can see a bounce till 4914
If Nifty reverse from 4850 level, then the immediate target will be 4620 and selling pressure at those level will make the slide still deeper to 4530 and 4250.
Nifty may face resistance at 4790 and 4830 and 4852.
On the down side support at 4738 and 4721 are crucial once these are breached a new low is possible.
Intraday Calls
DLF(CMP.314)
BUY ABOVE 316 SL.311 TRGT.318,321,326
SELL BELOW 311 SL.315 TRGT.308,305,300
HDFC BANK (CMP.1572)
BUY ABOVE 1585 SL.1572 TRGT.1596,1601,1612
SELL BELOW 1568 SL.1582 TRGT.1560,1545,1540
HDIL (CMP.309)
BUY ABOVE 320 SL.317 TRGT.335,341,350
SELL BELOW 307 SL.320 TRGT.295,280,275
Buy CENTURYTEX
Around 475-477
Target 484-486
Stoploss 472
Top 10 tips for volatile markets
Some tips for Trading in Volatile Markets
- The most important thing: believe in the market and go along with it, never try to Predict the market.
- Pick a stock based on its future potential do not give undue importance to P/E,EPS etc
- Technical analysis works for a very short period and in a stable market
- Learn to book profit in a very strict manner and more important restrict your losses within your bearable limit with strict stop-loss.
- Never buy a stock because of a news or recommendation on TV,MEDIA as positions are built in same stocks prior to releasing the news in media in most of the cases,
- Build a wholesome portfolio so that loss will be minimal if some pick goes wrong. Never invest more than 10% of your investible fund in a single stock and 25% in a single sector.
- Invest 50% in large cap, 35% in midcap and rest keep rotating in intra or positional trade.
- Learn the art of portfolio churning at regular intervals as per your investment style and after a major event like Budget, Election etc.
- Never overtrade in margin. Ideally not more than 10% of your capital is deployed in margin trade in volatile times like this.
- Invest in sunrise sectors in 2010 like logistic, media, power, allied-infrastructure and so on
Stock Call For Today
Nifty will face resistances at 4817 and 4830. We can see 2-4% up move from 4800 and we saw 3% up move. For today 4780 is important level. Markets may open below 4780. We need to watch if nifty will try to pullback above 4780 and hold it?
SELL SIEMENS
Sell Below 636
Target 626
Stoploss 641
Type Of Call: Cash Intraday
Free Stock Tips For Today
Nifty opened above 4900 and traded firm and reached 4950 in the initial hour only. But as the day progressed market was once again under pressure on account profit taking .
Bullish view:4863 Support turned in to resistance now,we may open around these levels tomorrow.Above 4863 watch out 4889.
Bearish view:Nifty’s immediate support comes at 4822 below 4822 watch out 4788.4788 level looks unlikely tomorrow
LONG ON NIFTY @ 4801
WITH SL OF 4714.
TARGET 5400 (feb 2010)
BIRLACOT
Buy Around 1.25-1.20
Target 7-8-12
View : Long Term
NIFTY 5400 CA
Buy At Opening
Target 12-18
SL 0
Type: Positional Future
Latest Blog Posts
Asian Markets
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Imp Pivot Levels
Useful Links
DStreetDirect
- Re: STOCKS FOR 2010 February 7, 2010
- STOCKS FOR 2010 February 6, 2010
- Re: which is the best stock January 30, 2010
- Re: Fortis Health Care January 30, 2010
- Fortis Health Care January 23, 2010

