tips for trading
Free Intraday Calls And Delivery Calls
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Nifty future written strong support now exists at 5393 and in case Nifty future opens and stays above 5393 in opening bell this zone will act as support for bounce towards 5432-5452 where again we can expect shorting activity to start. In fact the support worked big time we all witnessed big u-turn in last hour from our support zone of 5393.
Intraday Calls :
HEROHONDA
BUY ABOVE 1791
SL 1780
TARGET 1807-1819
AUROPHARMA ( Aurobindo Pharma Ltd )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 1060 | 1049 | 1075 | 1200 |
| SELL BELOW | 1043 | 1055 | 1030 | 1010 |
EIHOTEL ( EIH Limited )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 152 | 147 | 157 | 164 |
| SELL BELOW | 146.5 | 148 | 142 | 131 |
AQUA (Aqua Logistics Limited )
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 632 | 608 | 655 | 681 |
| SELL BELOW | 605 | 612 | 585 | 540 |
DELIVERY CALL
ESCORTS
BUY CMP 197.65
SL 179.50
TARGET 221
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Daily Intraday Calls And Delivery Calls For Today
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Nifty witnessed the correction from the upper levels and made the closing below the level of 5400. now the next support for nifty seems to be at the levels of 5350 to 5355. decisive closing below this support may slip it till the lower levels of 5225 to 5230 in near run and there might be the short term trend reversal in the market. in the upside 5350 is the key resistance point, closing above this resistance may further head the nifty for the level of 5700
OUT PERFORMERS FOR Today
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REALITY, BANKS, FINANCE, AND TELECOM
INTRADAY CALLS
__________________
BUY COMPUCO
PANCHOR FOR 5% -15% GAIN
BUY NIFTY FUT
ABOVE 5395
TARGET 5440-5460
SL 5363
SELL NIFTY FUT
BELOW 5436
TARGET 5395-5375
SL 5468
BUY BHARTIARTL FUT
ABOVE 316.50
TARGET 320-321.75
SL 313.25
SELL BHARTIARTL FUT
BELOW 319.75
TARGET 316-314
SL 322.40
BUY CAIRN FUT 337
TARGET 339.50-341
SL 334.25
SELL CAIRN FUT
BELOW 339.25
TARGET 336.25-335
SL 341.60
BUY CIPLA
ABOVE 303.75
TARGET 305.85-307-309.35
SL 302.25
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Stock calls and Option Calls For Today
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Intraday Calls
Aban Offshore
Buy with stop loss 830
Target 845.00
Gujarat Sidhee Cement
Buy with stop loss 14.50
Target 18.00
Jaiprakash Associates
Buy with stop loss 120
Target 130
Fresenius Kabi Oncology
Buy with stop loss 147
Target 180.00 in 1 month
Some best/Active Option Calls
BUY APOLLOTYRE 70CA
ABOVE 2.50
TGT 3.50-4.25
SL 1.50
BUY BHARTIARTL 320CA
ABOVE 1.25
TGT 1.55-1.75
SL 0.85
BUY BPCL 700CA
ABOVE 10.25
TGT 14-16
SL 7.60
BUY HDIL 300CA
ABOVE 2.85
TGT 3.75-4.25
SL 2.60
BUY ICICIBANK 1000CA
ABOVE 9.15
TGT 14-18
SL 5.90
BUY ICICIBANK 1000PA
ABOVE 16.25
TGT 18-20
SL 14.50
BUY PETRONET 115CA
ABOVE 0.50
TGT 1.20-1.65
BUY RELIANCE 960CA
ABOVE 31
TGT 39-45
SL 24.95
BUY RELIANCE 1000PA
ABOVE 11
TGT 17-22
SL 6.50
BUY RENUKA 70CA
ABOVE 1.25
TGT 1.70-2.00
SL 0.85
BUY UNITECH 85CA
ABOVE 1.35
TGT 2.00-2.25
SL 0.90
BUY UNITECH 85PA
ABOVE 0.75
TGT 1.50-2.00
BUY DLF 320CA
ABOVE 12.45
TGT 17-20
SL 8.80
BUY DLF 320PA
ABOVE 0.25
TGT 2.00-4.00
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Weekly Stock Update
Nifty commenced the last week on a flat note but moved higher to test 4,900 levels during the week. It ended its winning streak after facing stiff resistance at 4,900 level and ended the week below this mark after failing to breach this level decisively. From here, Nifty is expected to move within a range as suggested by its technical indicators as they are giving no clear indications. Also, a high volatility is expected to be the order of the week ahead of the budget and F&O expiry. Strong movements can be expected on the last trading session of the week when the budget will be announced. It can move downwards until 4,750 levels where it has got a strong support and if this level is breached, it can move further downwards until its next major support at 4,650, around which it will also get the support from 200 days exponential moving average. Upside, it has a resistance at 4,950 levels and Nifty can move higher only after breaching this level.
Click TO Enlarge
Stocks To Watch
AXIS BANK(Sell)
CMP 1100
Target Price 1032
Stop Loss 1134
Support/Resistance 1030/1100
Comment
- The stock has been rising steeply over the last few sessions and it is now expected to correct.
- Its momentum indicators are also supporting its downward move. Its RSI is close to the overbought zone at 63 levels and the stochastic has also entered the overbought zone at 82 levels, suggesting a downturn.
RURAL ELECTRIFICATION CORP.(F) (Buy)
CMP 213.2
Target Price 228
Stop Loss 205.8
SupportResistance 213/230
Comment
- The stock has been falling continuously from the last many sessions and it is likely to rebound from here.
- Its momentum indicators are supporting its upward move. Its RSI is close to the oversold zone at 31 levels, MACD is showing maximum divergence and it is about to give a buy signal by crossing above its signal line and the stochastic has also given a buy signal.
Domestic market began the week on a subdued note on worries the central bank may take more monetary action to check inflation after the latest data showed that the headline inflation jumped in January 2010. Monthly inflation rose to 8.56% in January compared to 7.31% last month. Indian benchmark indices recouped all the losses on the next day thanks to higher Asian and European markets. Domestic bourses climbed higher as
the week moved ahead with Nifty touching 4,900 level following strong global cues and speculation that global economy is on the path of recovery. Finance minister’s comments that the Indian economy may grow at more
than 8% in the fiscal year 2010-11, after growing at around 7.5% in the current fiscal year ending March 2010 also bolstered sentiments. However, the benchmark key indices snapped last two days’ winning streak as lower Asian stocks weighed on investor sentiment. Ascending food inflation also dampened the market moods back home. Indices dipped in red on the last day of the week as the US Federal Reserve’s decision to raise its discount rate hurt investor sentiment. Sensex closed the week at 16,191.63 up by 39.04 points (0.24%) while Nifty closed at 4,844.90 up
by 18.05 points (0.37%).
Nifty Weekly Top Gainers
Company % Return
Hindalco 8.43
Ranbaxy 6.55
HDFC Bank 6.00
Nifty Weelky Top Loser
Company % Return
Bharti Airtel -11.35
Unitech -6.15
Reliance Infra -5.67
Global Markets
US stock markets gained with higher margins during the week (till Thursday) as upbeat economic data and several strong earnings announcements bolstered the market sentiments. The markets also reacted to news from Merck, Hewlett Packard, Deere & Co and Wal-Mart, which reported better than expected earning. Investors bought into stocks after the positive economic data including producer price index, retail sales, industrial production, activity in the manufacturing sector and housing data. In other news, General Growth Properties Inc., the second-largest U.S. mall owner which filed for bankruptcy last year soared after Simon Property Group Inc., the biggest U.S. shopping-mall owner, offered to buy the troubled company.
Asian markets ended on subdued note during the week. Japan’s Nikkei 225 edged up but gains were limited by concerns over risk factors such as the impact of China’s efforts to curb bank lending and Greece’s fiscal woes. Hang Seng plummeted as lingering worries over China’s policy tightening prompted investors to take profits from the market’s recent rebound. China’s SSE composite closed during the week due to Lunar New Year holiday.
European markets surged significantly during the week. Markets started the week on a buoyant note posting gains on the back of financial and commodity shares. Positive US manufacturing data with higher crude and metal prices lifted the markets higher.
Further, better than expected earnings from Barclays, BNP Paribas, ING, ABB and Capgemini took the markets to 2 week closing high.
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Top 10 tips for volatile markets
Some tips for Trading in Volatile Markets
- The most important thing: believe in the market and go along with it, never try to Predict the market.
- Pick a stock based on its future potential do not give undue importance to P/E,EPS etc
- Technical analysis works for a very short period and in a stable market
- Learn to book profit in a very strict manner and more important restrict your losses within your bearable limit with strict stop-loss.
- Never buy a stock because of a news or recommendation on TV,MEDIA as positions are built in same stocks prior to releasing the news in media in most of the cases,
- Build a wholesome portfolio so that loss will be minimal if some pick goes wrong. Never invest more than 10% of your investible fund in a single stock and 25% in a single sector.
- Invest 50% in large cap, 35% in midcap and rest keep rotating in intra or positional trade.
- Learn the art of portfolio churning at regular intervals as per your investment style and after a major event like Budget, Election etc.
- Never overtrade in margin. Ideally not more than 10% of your capital is deployed in margin trade in volatile times like this.
- Invest in sunrise sectors in 2010 like logistic, media, power, allied-infrastructure and so on
Asian Markets
European Markets
Imp Pivot Levels
Sponsored
DStreetDirect
- Buy Adani Power – TP Rs.160 September 3, 2010 anish
- Buy BGR Energy – TP:- Rs.968 September 3, 2010 anish
- Buy IDFC – TP Rs.210 September 1, 2010 anish
- Best in Delhi NCR August 29, 2010 Ganesh India
- Sci & iti August 29, 2010 Ganesh India
