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 )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	285	276	294	304
SELL BELOW	274	279	267	250

ABGSHIP ( ABG Shipyard Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	268	264	274	283
SELL BELOW	262	267	258	248

KPRMILL (KPR Mill Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	152	148	156.5	164
SELL BELOW	147	150	143	134

 

 

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

No comments yet.

Leave a comment