Archive for March, 2009
Tips for 31 March 2009
Expect market to be volatile today we can see some recovery also. For morning session if Nifty spot manages to trade and sustain above 2995-3000 level then we can see some recovery in the market but if Nifty breaks 2960 then we can see some profit booking in the market.
Larsen Toubro
Sell LT
Below 647
Target 630
Stoploss 656
Cash Intraday
Stocks to Short at Higher levels.
CAIRN IND @ 185.08, Sl 192.00,Cmp 180.45
ICICI BANK @ 352 , Sl 378 ,Cmp 337.95
DLF LIMITED @ 170, Sl 181 ,Cmp 165.55
Stocks to Buy at Lower levels.
MARICOLTD @ 59.50 , Sl 57.00 , Cmp 60.05
OPTO CIRCUIT @ 98.10, Sl 88.00,Cmp 95.80
stock calls 25 March 2009
Markets commenced on a “gap up” note yesterday on the back of strong cues from overnight U S markets and positive opening of Asian markets. The firmness of the market remained till early noon on heavy buying in index heavy weight stocks and short covering by bears ahead of F & O expiry tomorrow. However, owing to heavy profit taking in the final hour of trade on the back of weak opening of European markets and lower US index futures, stocks cutting across sectors including several blue chip stocks ended the day far down from their intra-day highs, paring all the earlier gains. The Sensex, which was up by around 275 points at 9699 during the early trades closed the session with a meager gain of 47 points at 9471.The Nifty too had a bad session which closed in the negative territory at 2938.70 with marginal loss. In intra-day trades, the Nifty touched a high of 3017 and a low of 2914. Readers are advised to trade with caution and avoid making large positions.
Today Strong Resistance: 2980
Strong Support: 2850
Immediate Resistance: 2960
Immediate Support: 2880
STOCKS
- Short in Tata Motors, Axis Bank
- Profit Taking in Banking Stocks
Tips Of 24 -3 -2009
Profit Booking is expected in Nifty on after 2 PM. So Sell Nifty today at CMP around 2960-2980 for the target of 2900-2870 in 2-3 days.
Stoploss 3020.
Its a confirm Call so dont miss the oppertunity. Tomorrow there will be sure Profit Booking and Market will be negative.
BUY TULIP
Around 366-368
Target 384-405
Stop Loss 355
Cash Intraday
Stock calls : 23-Mar-2009
For the week ahead…
Nifty & Sensex expected to touch 2619 & 8436 if trades below 2769 & 8909 respectively. If the markets sustains above 2769 & 8909 levels, then it will try to touch 2919 & 9382 levels.
About currency market…
$ is trading at a 5-Day Low. Dollar is expected to fall to 48.90 levels by weekend, if it remains below 50.88 OR it may rise to 52.75 levels.
RBI may hike CRR rates from 5% to 7% very soon but don’t expect any further rate cut thereafter.Also SBI & its Associates may increase their investments in Other Foreign Investments by Bank Offices in India by 5617-5612% this year. It is also expected that it may increase its Other Investments Held By Foreign Offices of Indian Banks by 33-34% this year.
BUY
MIC
At CMP
Target 38-46Â In Medium Term
Short Term Delivery Calls
Sell Bharti Airtel
At CMP
Short-Term Target : 490.00
Stoploss : 585.00.
Buy
DLF
At CMP
Short-Term Target : 200.00
Stoploss : 155.00.
Stock calls : 19-Mar-2009
BUY
ADI BIR NUVO
At 381.70 , Sl 352.00 ,Cmp 390.15
MUNDRA PORT
At 320.00 , Sl 313.00 ,Cmp 324.45
FEDERAL BANK
At 127.90 , Sl 120.00 ,Cmp131.20
Buy
TTML
Above 23
Target: 24.50
Stop Loss: 22
Short Sell
AMBUJA CEME @ 68.00 , Sl 66.32 ,Cmp 64.50
INDIA CEM. @ 98.00 , Sl 99.20 ,Cmp 95.05
Stocks to Watch
HEXAWARE TEC , SWAN MILLS , JHS SVEN
Asian Markets
European Markets
Imp Pivot Levels
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