Free Intraday Stock Tips

Stock calls : 13-Mar-2009

Markets yesterday opened with a positive gap with Sensex opened higher by 115 points further moving to a high of 8439 in afternoon trades. Shares from IT sector auto, banking, oil, metal, and FMCG sectors surged with impressive gains together with selected stocks from capital goods and pharma sector. Markets finally ended the session with Sensex gaining 183 points. The Nifty closed gaining 44 points or 1.72% at 2617.45. In intra-day trades it touched a high of 2574. Meantime, inflation figures released yesterday showed further decline thereby paving way for the apex bank to revise interest rates. However, industrial production declined for the third time in fours months in January 2009. The index of industrial production (IIP) declined 0.5% in January 2009 against an upwardly revised 0.6% decline in December 2008, government data released during trading hours yesterday showed. Industrial production had risen 6.18% in January 2008. Readers are advised to trade watching the market trend.

NIFTY FUTURE (2600.70)
NF opened gap up yesterday on the back of positive global cues and remained steady throughout the session except at close when profit booking in selected heavyweight stocks was witnessed. NF closed the day gaining 52 points with positive bias. The counter will gain further upward momentum once it trades and remains above 2628.75, whereby it may move up to 2661/2687. Strong support for NF exists at 2573.25, which if breached decisively, it may slide to 2546/2531.

Todays Stock Calls

Mundra Port

BUY
Above 300
Target 315
SL 292

SBI

BUY
Above 916
Target: 921-928

SELL
Below 901
Target: 896 – 884

LT

BUY
Above 582
Target: 588-596

SELL
Below 568
Target: 560 – 554

Axis Bank
BUY
Above 312
Target: 316 – 320

SELL
Below 300
Target: 296 – 292
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Tags: daily market report, day trading calls, future calls, intraday stock calls, nifty signals

Stock calls : 12-Mar-2009

Markets remained range bound on Monday for the first hour of trade but declined sharply thereafter in afternoon trades on heavy selling in selected blue chip stocks.

While the Sensex, which had plunged to a low of 8110 in intra-day trades, ended with a loss of 165 points or 1.99% at 8160 at a three-year low, the Nifty closed lower by 47 points or 1.79% at 2573.15, a few points off its low of 2555.60. FMCG and realty stocks came under heavy selling pressure on Monday as FIIs continue to offload their holdings in view of depreciating rupee and redemption pressure.

However, selected power and pharma stocks found support at lower levels while capital goods, IT, telecom, metal and oil stocks were seen struggling for support and remained in the negative. Further, markets will be keenly watching IIP numbers for January 09 which will be announced today which as per Moody’s are expected to fall again in January by 3.5% due to sharp reduction in external orders and the dramatic slowdown in the domestic economy. Meantime, U S markets staged a sharp rebound on Tuesday on the news that Citigroup is turning a profit during the first two months of ‘09 which buoyed hopes that stricken financial sector can recover. Back home, however, you are advised to trade with caution and watch the market trend before taking long positions.

Global Cues will set the market trend…

NIFTY FUTURE (2548.40)
Nifty Fut closed on Monday losing 60 points over its previous close making a low of 2531, absolutely near its weekly support as indicated in these columns on Monday and rebounded.

It may yet seek support near its weekly levels but to gain upward strength Nifty Fut needs to trade and remain above 2577.75, whereby it may move up to 2609/2643. Immediate support for Nifty Fut exists at 2527.75, which if breached decisively Nifty Fut may slide to 2491/2478.

Stock Market Calls

BUY NIFTY 2600 CALL

Above 54

SL : 40

Target : 63 – 70 – 80

BUY Cairn India. (162.5 LTP)
BUY AT DIP
SUPPORT : 160 – 158
RESISTANCE : 164-168-170

BUY Mphasis

Above 181

SL- 176

Target- 187/192 …….

BUY ICICI BANK

Above 269

SL- 259

Target- 282

BUY Akruti City

Above 1000

SL – 976

Target- 1050

CURRENCY UPDATE

During the october fall rupee hit low of 51.40.

Now rupee has broken the Oct 2008 lows and now trading around 52.

Further weakness in rupee is expected and rupee can fall towards 53–53.5
Any further weakness in rupee will drag the market to new lows.

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Tags: daily market report, day trading calls, intraday stock calls, nifty signals, world news

Stock calls : 9-Mar-2009

NIFTY has plunged more than 5% last week against previous week because of weak global scenario and ended 143.50 points lower at 2620. Saying technically, bears were on the roll last week and such a bearish rally is the main concern among the bulls for the coming weeks. In the coming week, Nifty should have support at 2520 and 2490 levels. An upside move can be expected between 2530 – 2550 levels. On the downside if Nifty breaches 2505 level on daily closing basis, then NIFTY can be go down to 2270 level, while on the higher side, NIFTY is likely to take resistance at 5 DMA level of 2638 and if Nifty can sustain above this level then we can see a rally upto 2700 and 2770. Decisive break of 2800 resistance will indicate that NIFTY may rally to 2870 in short term.

NIFTY FUTURE 26 MARCH SIGNALS

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	2620	2570	2630	2670	2720
Short Sell	2570	2590	2555	2490	2460

RELCAPITAL FUTURE

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	290	282	300	303
REMARKS	FUTURE INTRADAY

KOTAK BANK

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	230	220	235	245
SELL BELOW	220	225	215	200

SATYAM

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	43	40	44	46
SELL BELOW	38	40	37.5	34

RPL

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	73	70	74	74.5
SELL BELOW	70	71	68	65

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Tags: day trading calls, intraday stock calls, nifty signals