US Markets

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

 

 

Share

Tags: , , , , , , ,

Wednesday, April 28th, 2010 Intraday Calls, US Markets No Comments

Today’s Intraday Stock Calls And Market Report

• US And European markets closed in +ve territory
• Asian market opened mixed today morning.
• SGX nifty up 6 points at time of posting.
• Dollar index is at 79.81
• Gold at $1124 and crude below $ 82.74
• London future down 4 points.
• Dow future down 5 points at 8 am

Larsen & Toubro has won an order worth Rs. 10.13 bn from state-run explorer Oil and Natural Gas Corp.
GAIL India said it plans to transit 21% more natural gas through its pipelines at 114.8 million cubic meters per day in 2010-11 fiscal.
Housing Development Finance Corporation raised Rs. 5.00 bn through a zero-coupon bond issue, two sources familiar with the transaction said.

The market sentiment remained +ve on reports that the US Fed held benchmark rates near zero and maintained its pledge to keep them low for an extended period. Stocks belonging to metal, capital goods banks etc. were seen bullish while heavyweight Reliance drifted from higher levels and pared earlier gains.

Here’s the FII’s Data:

Intraday Calls:

NIFTY
SUPPORTS : 5160-5115
RESISTANCE: 5250-5270-5289

 

NMDC ( NMDC Limited )

Action

Trigger Price

Stop Loss

Target-1

Target-2

BUY ABOVE

362

351

378

394

SELL BELOW

350

355

338

313

 

TATAELXSI ( Tata Elxsi (I) Ltd )

Action

Trigger Price

Stop Loss

Target-1

Target-2

BUY ABOVE

309

302

316

320

SELL BELOW

299

303

293

281

 

JAICORPLTD ( Jai Corp Limited )

Action

Trigger Price

Stop Loss

Target-1

Target-2

BUY ABOVE

276

270

279

284

SELL BELOW

269

271

269

265

 

Very Short Term Call

SHASUNCHEM
Buy At CMP
Target: 50-54-60        
Stoploss: 42        
View: Short Term

Share

Tags: , , , , , , , ,

Thursday, March 18th, 2010 Intraday Calls No Comments

Stock Calls For Today & For Coming Days

It looks like bulls and bears are both on holidays. Looking to chart petterns if nifty breaks 5240 the if may touch upto 5190.
If nifty close below 5202 then exit from all long positions.

Indian Markets Technicals

Expect Nifty & Sensex to touch 5159 & 17295 below 5269 & 17649. If the markets moves above 5269 & 17295 levels, then it will try to touch 5311 & 17817 levels.

US Markets Technicals

We expect DowJones & Nasdaq to touch 10729 & 2341 above 10517 & 2291. If the markets moves below 10517 & 2291 levels, then it will try to touch 10306 & 2241 levels.

Economy
We expect the price of Maize to increase by 73-74% in next 3 years. We also expect the price of Barley to increase by 68-69% in next 3 years.

Derivatives Calls
Futures (Weekly)

Nifty Jan.’10 target achieved at 5302.00. Buy call initiated @ 4966.00. BankNifty Jan.’10 target achieved at 9223.00. Buy call initiated @ 8612.00.
Buy Nifty Jan.’10 above 5269.00 levels with a target of 5311.00 & with a stoploss below 5245.00.
Buy BankNifty Jan.’10 at current levels with a target of 9268.00 & with a stoploss below 9138.00.

INTRADAY NIFTY SUPPORT 5239 AND RESISTANCE 5303

NIFTY FUTURE(5266)
Buy above 5281
Sell below 5239

 

Intraday Calls

BUY KINETIC MOTOR CMP 24.65
TGT 27, 31
BUY GREAT OFFSHORE 475.8
TGT 490, 523
SL 460
BUY AMTEK AUTO CMP 177.4
TGT 185
SL 172
BUY PRICOL CMP 25.75
TGT 27
SL 24
ARVIND CMP 42.45
TGT 45
SL 40
SHORT TATA MOTORS ON UPSIDE CMP 785
TGT 750
SL 805
SHORT BOMBAY DYEING ABOVE 500
CMP 492
TGT 470
SL 505

Very Long Term Delivery Calls (1-2 Years)
We strongly recommend a buy on Infotech Enterprises Ltd. at current levels with a long-term target of 1060.00.
We strongly recommend a buy on Infra. Devp. Finance Corp. Ltd. at current levels with a long-term target of 543.00.

Long Term Delivery Calls (4-6 Months)
We strongly recommend a buy on Larsen & Toubro Ltd. at current levels with a long-term target of 2120.00.
We strongly recommend a buy on Mukand Engineers at current levels with a long-term target of 60.00.

Medium Term Delivery Calls (3-4 Months)
We strongly recommend a buy on Pantaloon Retail India Ltd. at current levels with a medium-term target of 606.00 & with a stoploss below 260.00.
We strongly recommend a buy on Parsvnath Developers India Ltd. at current levels with a medium-term target of 226.00 & with a stoploss below 90.00.

Short Term Delivery Calls (1-2 Months)
Buy Patel Engineering Ltd. at current levels with a short-term target of 518.00 & with a stoploss below 456.00.
Buy Patni Computer Sys. Ltd. at current levels with a short-term target of 538.00 & with a stoploss below 470.00.

Very Short Term Delivery Calls (5-10 Days)
Buy ACC Ltd. at current levels with a very short-term target of 974.00 & with a stoploss below 893.00.
Buy Adani Enterprises Ltd. at current levels with a very short-term target of 574.00 & with a stoploss below 472.00.
Buy Aditya Birla Nuvo Ltd. at current levels with a very short-term target of 1036.00 & with a stoploss below 921.00.
Buy Ambuja Cements Ltd. at current levels with a very short-term target of 113.00 & with a stoploss below 103.00.

Share

Tags: , , , , ,

Twitter @stockcallsindia

 

February 2012
S M T W T F S
« Jan    
 1234
567891011
12131415161718
19202122232425
26272829