2009 April | Free Intraday Stock Tips

Archive for April, 2009

Stock tips for 29 April 2009

On Tuesday markets opened lower on the back of weak cues across the global markets. Profit bookings emerged as traders were squaring off their positions ahead of the settlement of F&O expiry.

Further the negative opening of the European markets also turned down the sentiments today and the markets lost the grounds in todayâ€™s session.

Nifty finally closed at 3362.35 loosing 108 points or 3.10% on the negative side.

Intraday Support for the market for 29th Apr shall be 3324 & 3286.

While the market will experience resistance at 3408 & 3452.

Best Strategy shall be to buy above 3376 with Stop Loss of 3348
and Sell below 3348 with Stop Loss of 3376.

NIFTY FUT RES-3514,3486,3460,3443,3427,3417,3400,3373 HB3403.
NIFTY FUT SUP-3356,3330,3303,3285,3256 LB3370.

NIFTY FUT BUY ABOVE 3405 TGT 3426,3443,3460,3470,3487,3514 SL 3370.
NIFTY FUT SELL BELOW 3370 TGT 3356,3330,3303,3285,3256 SL 3405.

Technically, Nifty has broken and closed below all major EMA supports and all supports will now work as a resistance. Upside resistances for Nifty now exists at 3388 (200 DSMA) and 3409 (5 DMA). Downside support for Nifty exists at 3295-3280 level and if this is broken we can see more sharp fall in Nifty till 3150 in coming sessions. Daily RSI-2 is at 18.48, in strong bearish zone and presently in sell mode. Tomorrow is the expiry due to general election in Mumbai on Thursday. Overall, if Nifty continues the same downward momentum tomorrow morning also, it may take support near 3275 level from where we can expect a bounce back. If Nifty trades positive tomorrow morning, new longs can be initiated above our pivot level. Cheers!!

Pivot levels of Nifty spot for Wednesday, 29th April:
R3 – 3559.60, R2 – 3515.80, R1 – 3439.10, Pivot – 3395.30, S1 – 3318.60, S2 – 3274.80, S3 – 3198.10

Buy JP Associates 120 Put 28-May and hold Minimum profit 40%

Trading picks for Wednesday, 29th April:

* Ranbaxy: Buy above 170.65, SL below 164.10, targets 178/182. Sell below 164.10, SL above 170.65, Targets 156/153.
* TVS Motors: Buy above 32.65, SL below 30.55, targets 35/36.50. Sell below 30.55, SL above 32.65, Targets 28/26.50.
* Todayâ€™s trading picks Bharti shorts below 730.20 made a low of 713, Infosys longs above 1450 made a high of 1469, in both cases good profits booked.

Stocks to Buy at Lower levels.

BHARAT ELECT @ 925.70 , Sl 915.00 ,Cmp933.05
CASTROL @ 321.33 Sl 315.00 ,Cmp 327.90
PIRAMA HEALT @ 222.87 Sl 218.00 ,Cmp226.85

Stocks to Short at Higher levels.
BHEL @ 1624.88 , Sl 1658.00 ,Cmp 1601.65
DLF LIMITED @ 233.13 , Sl 248.00 ,Cmp224.80
EDUCOMP SOLN @ 2473.83 , Sl 2599.00 ,Cmp2388.20
Stocks to Watch: GEMSTONE INV, MASTER TRUST , NILE LTD., ZODIAC CLOTH

Previous days High Crossed: TCS LTD., PIRAMA HEALT , AVANTEL LTD , AZTECSOFT L
GARDEN SILK , CAMLIN LTD.

AXISBANK BUY ABOVE 550.3 TGT 555.8,559.1,564.3,569.6,572.9,581.5 SL 534.8.
AXISBANK SELL BELOW 534.8 TGT 528,522.7,514.1,505.5,500.2,491.7 SL 550.3.

ICICIBANK BUY ABOVE 454.6 TGT 458.7,461.3,465.5,472.2,478.9,483.1 SL 442.3.
ICICIBANK SELL BELOW 442.3 TGT 436.9,432.7,426,419.3,415.1,408.4 SL 454.6.

DLF BUY ABOVE 236 TGT 241.1,244.2,249.4,254.5,257.7,265.9 SL 228.2.
DLF SELL BELOW 228.2 TGT 227.6,222.5,219.3,214.2,209.1,200.8 SL 236.

JPASSOCIATE BUY ABOVE 137.7 TGT 140.9,144.1,146.2 SL 128.
JPASSOCIATE SELLBELOW 128 TGT 127.2,124.1,122.1,118.8 SL 137.7.

Tags: daily market report, day trading calls, Intraday, intraday stock calls, nifty signals, Short Term Calls

Wednesday, April 29th, 2009 Intraday Calls, Options Trading, Short Term Delivery No Comments

Stock Tips for 27 April 2009

NIFTY FUTURE
BUY ABOVE 3530 TARGET 3576-3600-3626-3673
SELL BELOW 3430 TARGET 3390-3367-3336

NIFTY FOR INTRADAY
Last week nifty played on both side as we told our lower target was 3287 and nifty made 3288 and same we told buy only above 3424 and see nifty is rising towards to our target of 3535. No be very cautious because this is the last week for f&o expiry and only three days working. So safe player do not take any positions in mkt and risky trader can follow our level and do trade with strict Stop loss. Market may show stock specific up and down movement to trade in small qty. with strict SL only. This week market will be very volatile

Maruti net skids 18%, sales up 13%. Ranbaxy net takes a Rs 761-cr knock in Q1. Uttam Galva to invest Rs 400 cr for capacity addition. Piramal sees 17% revenue growth in fiscal 2010. Cipla profit up 41% at Rs 253 crore

VOLTAMP (Short term delivery call)
Around 440-445
Target 470-480
Stoploss 435

Buy PUNJLLOYD
Above 118
SL 112
Target 121-126

Buy IRB
Above 103
SL 100
Target 106-110

Buy ROLTA
Above 88
SL 84
Target 92-94-99

Sell DRREDDY
only below 536
SL 551
Target 522-516

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

Monday, April 27th, 2009 Intraday Calls, Short Term Delivery No Comments

stock tips for 24 April 2009

US markets ended flat after a volatile section.
Europe ended flat to negative.
Asia is trading flat.
Expect Indian Markets to open flat to negative.
The support for the Sensex is 10700 and the resistance to the up move is at 11255-11639
Nifty: (3424) the support for the Nifty is at 3303 and the resistance to the up move is at 3451-3734

IT, metal lead Sensex gains, RPL Q4 net at Rs 84 cr, turnover at Rs 3,678 cr,
Bajaj Hindustan to raise Rs 1,500 cr from overseas,
Two Anil Ambani firms to announce FY 09 results on April 30
Geojit becomes Geojit BNP Paribas

Nifty 50 Support/Resistance

NIFTY FUTURE
BUY ABOVE 3447 TARGET 3493-3514-3534
SELL BELOW 3396 TARGET 3368-3350-3326

NIFTY FOR INTRADAY :
Yesterday nifty showed good bounce back and close exactly as per our 2nd buy target. Now, nifty may make double top formation at 3514. now only sell nifty below 3396 for intraday only. For today remain neutral in mkt dont take any sideâ€™s long position. Next week is the last week for F&O. Volatility will be increase so, trade in small qty with strict SL.

-Always Remember, put SL in your every trade.
-When 1st Target achieved book 50% profit and move your SL to buy or sell price, when 2nd target achieved book 25% profit and move your SL to 1st target like that trail the SL.

VOLTAMP (Short term delivery call)
Around 430-434
Target 448-475
Stoploss 420
In 1-2 days

Ashok Leyland
Buy above 23.10 for targets of 24.25 and 25.10
Sell below 20.20 for targets of 19.50 and 18.90

Wipro
Buy above 316 for targets of 320 and 324
Sell below 305 for targets of 301 and 295

LNT
Buy above 872 for targets of 876 and 881
Sell below 861 for targets of 855 and 851

Tags: day trading calls, Intraday, nifty signals

Friday, April 24th, 2009 Intraday Calls, Short Term Delivery, US Markets No Comments

stock tips for 22, April 2009

RBI rate cut announced as per market expectations. RBI cut the 25 BPS repo rate. Repo Rate cut by 0.25 Reverse Repo rate cut by 0.25% and there is no change in CRR.

US markets ended higher after a weak start.
Europe ended mixed.
Asia has opened marginally negative.
Expect Indian Markets to open flat to negative.
NIFTY Support at 33115 and 3257
Resistance at 3416 and 3468