Free Intraday Stock Tips

Stock Calls For Today

The market witnessed profit taking in the closing minutes whereby, it pared most of its earlier gains and finally closed the session with marginal gain with Sensex at 16912 and the Nifty at 5042. Meantime, U S stocks turned mixed yesterday after the Federal Reserve left interest rates unchanged, saying market conditions were helping the recovery but weakness will persist. The DOW in turn slipped in the negative territory after the announcement with the NASDAQ remaining in the positive. Back home, the market appears to be moving in a choppy way trying to find a trend but remains undecided.

NIFTY FUTURE (Last close 5040.70)
The counter after flat opening yesterday moved range bound till mid afternoon session when a sudden buying in IT, auto, and pharma pulled up the NF to day’s high but it remained short lived and the market slipped in the red. However, a sharp recovery in the closing minute saw the NF moving in the positive territory. The counter finally closed in the positive with marginal gain. The counter appears to be consolidating at current levels and may make an up move once it trades and remains above its weekly resistance at 5061.75, whereby it may move up to 5087/5116. Strong support for the NF exists at 5017.25 which if breached with volumes then NF may slide to 5001/4977.

BUY NIFTY AT-5078 SL- 5057 TARGET- 5104-5130 ……….
SELL NIFTY AT- 5000 SL- 5021 TARGET- 4970-4940 . — Bearish View

Cairn
looking good to go long on short term view.
Target 290+.

SAIL
getting good support at 207,
medium term it can target 221 to 236.

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

Forex & Commodity Update

GOLD FUTURE (India)

The counter after firm opening yesterday hit a high and low absolutely near the levels indicated in these columns yesterday. The gold made a high of 17107 and a low of 16892 in intra day trades yesterday. The counter finally closed the session with positive bias. The counter appears attractive on charts and may open higher today. The counter will gain strength once it trades and remains above 17062.75 whereby it may move up to 17109/17150. Strong support for the gold exists at 16971.25 which if breached decisively then it may slide to 16935/16891.

via Forex & Commodity Update.

Daily Stock Calls

The market after opening firm yesterday moved range bound till noon when a sustained selling in front line stocks built pressure on the indices which started drifting lower as the session progressed. The Sensex fell 1.3 percent to its lowest close in more than two weeks on large scale sell off in the banking stocks on fears that the apex bank may sooner than later revise the rates and tighten the policy after the inflation rose higher in November. Market sentiment got further dampened after weak opening of European bourses. The Sensex finally closed the session losing 220 points at 16877. Readers are advised to trade with caution in view of high volatility in the market and avoid building large positions till a clear market trend emerges.

Bullish View:Close above 5080 will bring momentum and any open above 5050 is positive.Watch out 5045/5065/5090/5115

Bearish view:Watch 4995 closely.

ANY CLOSE BELOW 4995 is BEARISH.Watch out 4995/4955/4935

Today we may open Flat to positive

Intraday Calls

COX & KINGS
Buy above 433
sl 427 Targets 443,450

Or if trades below 415
Short COX&KINGS
SL 421
Targets 405,397

LICHSGFIN
Buy above 799
sl 792
Targets 809,815

Or if trades below 786
Short LICHSGFIN
SL 793
Targets 776,768

RELCAPITAL
Buy above 848
sl 842
Targets 858,864

Or if trades near 832
Short RELCAPITAL
SL 839
Targets 822,815

Tags: intraday tips