Free Intraday Stock Tips

Markets in murderous mood

The following activities might give some support for Indian Markets. Otherwise the global cues are suggesting (at the time of this post)

1. The monsoon forecast is optimistic and expected to ease the inflationary pressure.

2. The Finance Bill comes up in the Parliament on 28th April 2010. Watch this with care.

Greece has been down graded by Standard & Poor’s into junk territory on concerns about its ability to implement the reforms needed to address its high debt burden. The agency cut the rating a full three notches to BB-plus, the first level of speculative, or junk, status.Portugal too follows suit in downgrades and this has set the panic mode in the European markets.
Dow is cut out bad too and was down a full 213 points.

Now asian markets are also opened in red and are almost 3% down.

Some news bits as follows

1. FY11 GDP growth to surge to 8.3% driven by industrial growth.
2. Kingfisher commences two new flights between UAE, India
3. SAIL raises Rs 6.6 billion via bonds at 8.72%
4. Mandhana Industries IPO gets Rs 15 cr from anchor investors

NIFTY support at 5200-5220 – 5180
NIFTY resistance at 5260 and 5300.

Intraday Calls

BATAINDIA  ( Bata India Ltd )

ABGSHIP ( ABG Shipyard Ltd )

KPRMILL (KPR Mill Ltd )

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

Today’s Intraday Calls

Markets may move cautiously ahead of RBI policy meet

The market last week closed in the negative on profit taking in front line stocks and the over two month rally was snapped. The stocks belonging to the financial and power /energy sector remained laggards and closed weak. The Sensex, which surged over 2,000 points, between the first week of February and April 9, finally closed last week at 17,591 losing around two percent. Meanwhile, market participants expect that the RBI may further tighten monetary policy to contain inflation at its meet tomorrow. The apex bank may also hike key policy rates by at least 25-basis-points and expected to revise requirements on bank lending to the real estate sector. Further, investors will be keenly watching the progress of monsoon this year and await the forecast by the Meteorological Department which is usually made in the second half of April after considering weather observations globally. Major corporate Q4 results this week will also be crucial to set the trend of the market. Meantime, FIIs remained buyers of equity and have invested more than 25K crores this calendar year.

Nifty Intraday

Buy above 5290 for a target of 5320/5340 with a stop loss of 5265.
Sell below 5245 for a target of 5210 with 5265 as stop loss.

Intraday Calls

PUNJLLOYD        
Sell Around 168-169        
Target: 163-160        
SL: 171

ABB
Buy Above 845
Target 853-859
SL 836

L&T
Sell Below 1564
Target 1555-1546
SL 1576

Tata Motors
Buy Above 785
Target 793-800
SL 777

TataSteel
Buy Above 700
Target 712-715
SL 692

Short Term Calls

Educomp Solution:

The top five holdings for Goldman Sachs Invest Mauritius were LIC Housing Finance , Lanco Infra, CESC, United Phosphorus and Educomp Solutions.
Short @ 725 Tgt 713 and 692 Sl 742

Taj GVK Hotel

Stock has broken out of range and overcame the critical resistance of 161-163 and is now heading for higher levels,Keep a Sl of 161.
Buy in range of 167  for a target of 181 and 188

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

Stock tips 30 June 2009

Markets opened flat to positive yesterday but rallied sharply in afternoon trade after remaining range bound during the first hours of trade. Hectic buying in realty, metal, capital goods and bank stocks turned the market sentiment highly positive in the afternoon on hopes that budget next week may bring in the desired reforms. However, owing to heavy profit booking during the closing hour, the market came off its highs and finally closed on a flat note with marginal gain. The Sensex, which had surged to touch a high of 14,955 and looked well set to stay put firm, however, pared all its gains and closed at 14,785, up a meager 21 points over the previous close. The Sensex had dipped to a low of 14685 in intra day trades yesterday. The Nifty, which touched a low of 4350 and a high of 4439 in intra-day trades, closed at 4390 with a paltry gain of 15 points. As buying was fairly widespread yesterday, the market breadth remained strong right through the session. Out of 2723 stocks traded on BSE, 1686 stocks closed with gains. 964 stocks declined and 73 stocks ended flat. Markets may remain volatile ahead of budget presentation next week and therefore, readers are advised to trade with caution with strict stops for every trade.

On Monday markets opened on a strong note with gap up opening tracking strong cues from the Asian markets and mixed cues from the US markets.

After a strong opening markets started loosing grounds but soon managed to gain momentum and bounced back on account of buying over the European markets..

But markets could not sustain its gains of the mid session and started shedding all its gain during the final trading hours, it lost the momentum as pared all its gains and ended on flat note on profit booking.

Nifty future intra-day tips for 30.06.09
Nifty buy above 4418 tgt 4427,4441,4456,4465,4479,4503 sl 4372.
Nifty sell only below 4372 tgt 4365,4356,4341,4327,4318,4303 sl 4418.

Nifty fut res- 4503,4488,4479,4456,4441,4418,4403. HB 4418.
Nifty fut sup-4379,4365,4341,4327,4317,4303. LB 4372.

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