Free Intraday Stock Tips

Today’s Intraday calls and Market Outlook

US markets ended mixed, after American International Group Inc. announced the USD 15.5 bn sale of a unit and Sprint Nextel Corp. said it expects revenue growth in the next several quarters, overshadowing a drop in drugmakers. The Dow Jones and S&P 500 fell a marginal 0.13% and 0.02%, respectively, while NASDAQ climbed 0.12%. AIG climbed 3.6% after agreeing to sell its American Life Insurance Co. unit to MetLife Inc. McDonald’s Corp. gained 2.3% after global sales topped estimates. The Standard & Poor’s 500 Index fell for the first time in seven days, led by health-care stocks, after President Barack Obama embarked on a final push to overhaul the medical industry.

SBI had increased the authorized capital, the Government was amending the SBI Act and planning to sell a 4% stake in it. And by George, SBI just flew of the handle and took Nifty along with it to hit the day’s high at 5145.

So, in short:
NIFTY RANGE of today: 5070-5175.
• US & European markets closed flat.
• Asian market opened flat.
• SGX nifty up 18 points.
• Dollar index is above 80.
• Gold at $1123 and crude at $ 81.56.
• London future up 1 points at 8 am.
• Dow future down 14 points at 8 am

Intraday Calls:

BUY NIFTY ABOVE 5108 TGT 5127-5135-5165182 SL 5093
SELL NIFTY BELOW 5127 TGT 5108-5098-5073-5053 SL 5141

Every dip is a buying opportunity as long as it holds 5040 levcl.
Watch out for 5115,5090 and 5060 levels.

NATIONALUM
Sell Below 397.50
Target: 391-388
SL: 402

Sell Sesagoa Fut
Around 432.50
Target: 428
SL 436
Shortterm Calls
ROLTA
TARGETS 191-195-201.60
STOPLOSS OF 179.80

Likely Outperformer:
Look to buy CALS Refinery @ around .55 to .60
Can be an outperforming stock

Tags: daily market report, Day Trading Alerts, day trading calls, Intraday, intraday calls, intraday stock calls, intraday tips, nifty signals, penny stocks, Short Term Calls, world news

Stock Calls For Today

US markets advanced for 5th continuous session , following analyst upgrades, a jump in retail sales and reports showing improvement in jobless claims and productivity. The Dow Jones, S&P 500 and NASDAQ climbed 0.46%, 0.37% and 0.44%, respectively. Walt Disney Co. climbed 2.9% after Bank of America Corp. recommended the shares, while Coca-Cola Co. and Boeing Co. rose at least 1% as UBS AG lifted its ratings on the stocks. A drop in oil dragged energy shares lower, limiting the market’s advance.

Corporate Sector News

• Hindustan Construction Company has bagged two orders worth Rs. 2.99 bn from Hindalco Industries for various infrastructure related works at Aditya Aluminium Smelter Project in Orissa. (BS)
• Ashok Leyland said it will invest Rs. 30.00 bn in the next three years on various projects, including its light commercial vehicle joint venture with Japanese auto maker Nissan. (BS)
• Suzlon Energy said it has bagged a contract from Gujarat State Petronet Ltd for setting up 52.5 MW wind energy project in Gujarat. (BS)

Nifty Outlook

If Nifty trade above 5100 then some more uptrend in the market upto 5140 – 5180
If Nifty trade below 5045 then some profit booking in the market upto 5020 – 4980

Intraday Calls:

ACC
Buy above 963
SL 956
Targets 973,980
Or if trades below 947
Short ACC
SL 954
Targets 937,931

RELIANCE
Buy above 1034
SL 1027
Targets 1044,1050
Or if trades below 1013
Short RELIANCE
SL 1020
Targets 1003,997

AXISBANK
Buy above 1144
SL 1137
Targets 1154,1160
Or if trades below 1120
Short AXISBANK
SL 1127
Targets 1110,1104

Tags: daily market report, day trading calls, future calls, intraday stock calls, intraday tips, nifty signals, world news

Happy Holi/Stocks Tips/Day Trading Tips

The long Budget completed its lights and after that we are back again to our global We we’d a mixed budget and it was not enough to kindle the lights of common man but also if we look in to the angle from markets, our FM did his part, so the markets welcomed the session with a handy 62 points gain on last Friday.

Important Highlights of Budget:

· Fiscal deficit for FY11 pegged at 5.5% of GDP; rolling targets of fiscal defict at 4.8% in FY12 and 4.1% in FY13
· Inflation seen at 4.5% in both FY12 and FY13; 4% in FY11
· GDP growth seen at 9% in FY13 and 8.5% in FY11
· Divestment proceeds expected at Rs.40,000 cr in F

We are presenting the line chart once again. Here, 3 Moving averages 50, 100 and 200 periods are shown. The following points to be noted now.
1. At point “A”, NIFTY dropped below 50 DMA but away from 100 DMSA.
2. At point B, NIFTY breached the 100 DMA but away from 200 DMA.
3. At Point C, NIFTY came closer to 200 DMA, after breaching 50 and 100 DMAs.
4. At present, the 50 DMA is too close (only 6 Points) to the cross over.
Last week’s chart, in which I had shown you the past performance when such crossover occurred.

From all the points mentioned above you can very interpret the Bearishness is on the increase. From point no.4, we can see the crossover can occur any day next week.

Trading Strategy for 2 Mar, 2010

Intraday Support for the market shall be 4872 & 4836 .

While the market will experience resistance at 4978 & 5018.

Buy above 4948 with Stop Loss of 4897

Sell below 4897 with Stop Loss of 4948

RELINFRA
Buy near 1002
sl 995
Targets 1012,1020
Or if trades below 963
Short RELINFRA
SL 970
Targets 953,945

AXISBANK
Buy above 1126
sl 1119
Targets 1136,1144
Or if trades below 1095 Short AXISBANK
SL 1102
Targets 1085,1078

RANBAXY
Buy above 466
sl 460
Targets 475,480
Or if trades below 430
Short RANBAXY
SL 436
Targets 421,415

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