Free Intraday Stock Tips

INTRADAY CALLS – 24/10/08

                                        IT IS SELLING  AND NOT SHORT SELLING

DOW JONES WAS ALTERNATING BETWEEN NEGATIVE AND POSITIVE LEVELS DURING THE DAY AND ENDED FINALLY UP BY 172 POINTS AT 8691. AFTER FALLING TO THE LOWEST LEVEL OF 8243 AND  TOUCHING THE HIGHEST LEVEL OF 8795 MOVING EXACTLY 276 POINTS ON BOTH SIDES DOW MANAGED TO SETTLE HIGHER.  JOBLESS CLAIMS AGAIN, BEAT EXPECTATIONS AT 478000, WAS THE  ONLY ECONOMIC NEWS OF SIGNIFICANCE. ASIAN MARKETS  TRADING MIXED AND NIKKEI SINKS WITH SONY AND IS DOWN BY 353 POINTS.

NIFTY FUTURE  OPENED LOWER AT 2911, NEAR THE LOWEST LEVEL OF THE DAY  AND PULLED BACK ON COMMENTS ON SHORT COVERING BY FII`S TO THE LEVEL OF 3094, ONLY TO FALL AGAIN TO THE LOW LEVELS AND CLOSED AT 2959 LOSING 99 POINTS FROM PREVIOUS CLOSE.

NIFTY FUTURE SUPP LEVELS 2935, 2855 RESIST 3030, 3160. KNEE JERK REACTIONS BY THE SEBI AND FINANCE MINISTRY CANNOT REVIVE THE MARKETS. ANY BAN ON SHORT SELLING WILL MAKE MARKETS MORE VOLATILE AND THERE WILL BE NO LIQUIDITY. ALREADY MARKETS ARE SUFFERING FROM LACK OF LIQUIDITY AND THERE WILL BE SHARPER LOSSES IF BAN IS IMPOSED. SHORT COVERING EFFECTS WILL BE SHORT LIVED. AVOID BUYING IF THE MARKET RECOVERS SHARPLY ON SHORT COVERING. DOWN WARD PRESSURE STILL STAYS AND BOTTOM IS STILL AWAY. AVOID SHORTS ABOVE 3160.

WIPRO SUPP  276,261 RESIST 288,300

HINDALCO SUPP 49,43 RESIST 57,64 SELL AT HIGHER LEVEL

BANKBARODA SUPP 269,262 RESIST 279,298 SELL AT HGHER LEVEL

HINDUNILVR SUPP 242,236 RESIST 249,254 BUY

HINDPETRO SUPP 195,189,185 RESIST 207,220 SELL AT HIGHER LEVEL

RELIANCE ABOVE 1280 TGT 1310, 1355

SATYAMCOMP SUPP 295,286 RESIST 306,315,323

NTPC SUPP 138,135,131 RESIST 150,158 SELL AT HIGHER LEVEL

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE MARKET.HAVE A GOOD DAY. Replies At This ColoumN OR AT vijay.calls@yahoo.co.in

INTRADAY CALLS – 23/10/08

                                                      A  FALL THAT DOES NOT STOP

 

 

YESTERDAY WE HAD ADVISED NO LONG BELOW 3100 AND TO DAY YOU MAY SEE THE FOLLOWUP. WE HAVE BEEN CALLING NIFTY CORRECTLY ON ALMOST ALL THE OCCASIONS AND I ADVISE READERS TO MAKE USE OF IT.  THE AIM OF THIS COLUMN IS TO ENABLE YOU TO MAKE PROFITS IF YOU CANT AVOID DAY TRADING AND I HOPE AT LEAST YOU WILL NOT MAKE LOSSES. NEVER AVOID STOP LOSS OR HEDGING. TRADING SHOULD BE PLEASURE AND NOT PAIN. DONT HAVE THE URGE TO TRADE EVERYDAY AND ALWAYS. WAIT FOR THE SIGNALS TO TRADE. IF YOU START TRADING RIGHT FROM THE OPENING BELL TO TILL THE END LOT OF MONEY WILL BE MADE – OFCOURSE, BY THE BROKER. MORE TRADING METHODS WILL BE GIVEN LATER.

DOWJONES ON WEDNESDAY OPENED LOWER AT 9027 AND WAS GRADUALLY FALLING THROUGHOUT THE DAY ON MIXED EARNING REPORTS AND ON GLOBAL ECONOMIC RECESSION CONCERNS.  DOW FELL BY 698 POINTS TO THE LOWEST LEVEL AT 8335 AND RECOVERED TO CLOSE AT 8519 LOSING 514 POINTS FOR THE DAY.  NO CHANGE OF TREND IN THE ASIAN MARKETS WITH ALL OF THEM FALLING LOWER AND NIKKEI IS DOWN BY 478 POINTS IN THE MORNING SESSION.

NIFTY FUTURE WAS DOWN RIGHT FROM THE OPEN WITH THE DAY`S HIGH AT 3195 AND FELL TO THE LOWEST LEVEL OF 3045, A NEW LOW FOR THE SETTLEMENT AND CLOSED NEAR AT 3058.

NIFTY FUTURE SUPP LEVELS 3000,2959,2855 RESIST 3160, 3195,3265. WE HAVE BEEN ADVISING ABOUT THE WEAKNESS IN THE NIFTY FOR MANY DAYS AND AGAIN SAY THAT NIFTY MAY BE HEADING FOR A LEVEL OF 2600 IN THE COMING DAYS. NIFTY FUTURE IS EXPECTED TO OPEN LOWER ON GLOBAL CUES.  BOTTOM FOR THE NIFTY IS STILL NOT VISIBLE AND WE SHALL ADVISE WHEN AS AND WHEN IT OCCURS.  NO STOCK CALLS FOR THE DAY DUE TO PAUCITY OF TIME.

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE MARKET.HAVE A GOOD DAY. Replies At This ColoumN OR AT vijay.calls@yahoo.co.in

INTRADAY CALLS – 22/10/08

                                         MARKETS STRUGGLE FOR SUPPORT

 

DOW JONES AFTER TWO DAYS OF GAIN REVERSED GEAR AND WENT DOWN ON LIGHTER VOLUMES.  ATER OPENING MARGINALLY LOWER, DOW TWICE DURING THE DAY TRIED TO MOVE TO THE POSITIVE SIDE AND AFTER BRIEFLY TOUCHING THE HIGH OF 9284 STARTED FALLING AGAIN IN THE LAST HOUR TO THE LOWEST LEVEL OF 9004 AND CLOSED AT 9033, LOSING 231 POINTS. EARNINGS REPORTS AND THE GUIDANCE OF MANY CORPORATES BROUGH THE MARKET DOWN. ASIA OPENED WEAK AND NIKKEI IS DOWN BY 295 POINTS AT THIS TIME.

NIFTY FUTURE OPENED HIGHER AT 3189 AND IMMEDIATELY FELL TO THE LOW OF 3122. RECOVERING LATER NIFTY FUTURE  MOVED TO THE POSITIVE TERRITORY AND TOUCHED THE HIGH OF 3265 AND CLOSED AT 3249 GAINING 88 POINTS FROM PREVIOUS CLOSE.

NIFTY FUTURE SUPP LEVELS 3155, 3100 RESIST 3265,3359. MARKET MAY OPEN LOWER ON GLOBAL FOLLOW UP. AS WE HAD SAID YESTERDAY NIFTY MOVED BETWEEN 3100 AND 3265, THE EXACT LEVEL MENTIONED BY US. AGAIN AVOID ALL SHORTS IF NIFTY TRADES ABOVE 3280 AND NO LONG BELOW 3100. STOCK SPECIFIC MOVEMENTS AND VOLATILITY WILL BE THERE AHEAD OF THE SETTLEMENT WEEK. DO NOT AVOID STOP LOSS.

WIPRO SUPP  288,274 RESIST 300,313

HINDALCO SUPP 61,56 RESIST 69,74 SELL

HINDUNILVR BUY 242 SL 238 TGT 252,259

HINDPETRO SUPP 221,213 RESIST 234

ICICIBANK BELOW 425 TGT410

RELIANCE SUPP 1365 RESIST 1427 BELOW 1360 TGT 1315

SATYAMCOMP SUPP 300,279 RESIST 323,333 BUY

TATASTEEL ABOVE 290 TGT 323

DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE MARKET.HAVE A GOOD DAY. Replies At This ColoumN OR AT vijay.calls@yahoo.co.in