Archive for July, 2010
Stock tips for today’s market
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Nifty witnessed the upside consolidation phase today.
Overall it was high volatile sessions due to f&o expiry.
Technically nifty still holding it’s up trend & maintaining the upward rising channel on long time frame charts.
In the downside it is getting the strong short term support close to the level of 5350.
We recommend that traders may go for buy on dips in Nifty future for the targets of 5450, 5500 in near run.
Some highlights
- Sensex ends below 18K led by RIL, L&T, HUL, NTPC, ICICI Bk
- Engineers India share sale subscribed 1.6 times
- DLF to sell 92 per cent stake in retail arm DLF Brands for Rs 92 crore
- Food inflation down to single digit at 9.67%
- Vodafone Essar IPO plans at initial stage: Essar CEO
BHAGWATIHO ( Bhagwati Banquets And Hotels Limited )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 153 | 148.5 | 159.5 | 167 |
| SELL BELOW | 148 | 150 | 142 | 133 |
HDIL ( Housing Development And Infrastructure Limited )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 265 | 261 | 269 | 275 |
| SELL BELOW | 259 | 263 | 256 | 249 |
IRB ( IRB Infrastructure Developers Limited )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 274 | 269 | 277 | 282 |
| SELL BELOW | 268 | 272 | 265 | 258 |
BUY Melstar Information Technology Ltd.
AT CMP 12.18
Target : 14+
Stoploss : 10
BUY Modern Steels Ltd.
Above 32
Target : 35-40
Stoploss : 28
BUY Tokyo Plast International Ltd.
Above 16
Target : 19-22
Stoploss : 14
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Intraday Stock Calls And Market Updates For Today
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Markets reached new highs on last Friday, but the trading remained sluggish and top heavy. The trading interest was confined to the limited number of stocks, especially to the low quality stocks. Traders and investors should consider profit booking/disposal of the low quality stocks at these times.
However, the bullish trend may continue for some more time before any correction may set in.
Intraday Calls
Crompton Greaves
Buy above 294
Target 300-308
Stoploss 286.
Sesa Goa
Buy above 368
Target 375-382
Stoploss 286
HDFC Bank
Buy on dips
Target 2060-2080
Stoploss 2030.
Wipro
Buy above 417
Target 430-444
Stoploss 405
ALBK ( Allahabad Bank )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 186 | 183.5 | 189 | 193 |
| SELL BELOW | 182.5 | 184.5 | 180 | 175 |
APIL( Alstom Projects India Ltd )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 710 | 688 | 725 | 748 |
| SELL BELOW | 685 | 692 | 670 | 635 |
BFUTILITIE (BF Utilities Limited)
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 955 | 938 | 994 | 1040 |
| SELL BELOW | 934 | 945 | 900 | 845 |
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Intraday Stock Calls For Today
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DLF
Buy above 325
Target 330-336
Stop loss 320.
Bank of India
Buy above 410
Target 415-425
Stop loss of Rs 405.
JSW Steel
Buy above 1,185
Target 1,200-1,220
Stop loss 1,170
SELL TCS FUT AUG
ABOVE 844 SL 860
BUY SELMCL AT 50 SL47
BUY GEODESIC AT 80-81 SL 75
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