NSE ALERTS

All international markets are down
HANG SENG INDEX - 231down
SHANGHAI COMPOSITE - 16 down
NIKKEI- 93 down
TAIWAN WEIGHTED- 110 down



Expects some down opening. NIFTY-spot may open around  5020 levels.


On the downside NIFTY-spot may move to 5030. More weakness may lead NIFTY-spot to touch 4997 and 4962.
On the upside NIFTY-spot may touch 5096 and 5131 levels.

NSE Alert

Today NIFTY (spot) is trading at 5087. 
NIFTY Chart showing positive divergence. Chart shows that NIFTY may move upto 5150-5180 levels. If it crosses 5150-5180 levels then it may move upto 5300 levels on the upside.


HINDALCO is trading at its resistance level of 140. If it manages to close above 140 then fresh upside may be seen on this counter up to 155-160 levels if the market supports and touches 5300 levels.

BASIC STOCK INVESTING RULES

1. Buy Low and Sell High
2. Always use stop loss while buying at Low.
3. Stocks move in the trend or the direction of the market movement.
4. Dont try to time the market or make reasons for the market movement.
5. Always book profit.
6. Always learn from your mistake and experience.
7. Keep investing at lower levels.

NSE-Alert

Today the Indian Stock market is closed on account of Moharram.
Status of International Market-

HangSeng- -237
Nikkei- -120
Shanghai - -7
FTSE- -2 (open)
CAC- -20 (open)
DAX- -46 (open)


We will update you tommorrow with the new calls on stocks.

NSE Alert

NIFTY
Yesterday NIFTY closed at 5560 showing a good move on the upside but managed to close just below 50DMA at 5575. If it manages to cross above 5575 then the possible targets on the upside may be 5590, 5620 and 5640.

HINDALCO
Yesterday hindalco showed a smart move on the upside. If it manages to close above it 50DMA at 204 then it may touch 209 and 215 on the upside.
So at this stage its a clear buy call at CMP with strict SL at 193. 

NSE-Alert

Today NIFTY showed a smart upside move but failed to close above its 50DMA at 5575.
Tommorrow if NIFTY manages to cross 5575 then the market may move upto 5625-5640 levels.
So, Its a buy for all the NIFTY lovers with SL of 5503.

NSE-Alert

Since all the indicators are indicating a little more fall on NIFTY....therefore it is expected that the NIFTY may fall to  5250-5270 level from where a bounce back is expected. This may happen only if NIFTY broke below 5350 on closing basis that is its long term support trend line.
So tread cautiously.......and accumulate stocks around 5350 and 5250-5270 levels

NSE-Alert

Buy HINDALCO around 205 with SL 200 target 210-212-218

NSE-Alert

NIFTY has started showing positive divergence on the chart. But still not a strong move.......an attempt to buy can be made around 5500-5510 levels with stop loss of 5476 for the target of 5600-5620-5635

MARKET Alert

LOOK.......!!! As we said....NIFTY (spot) touched 5600 after the RBI's credit policy........
There is weakness in NIFTY. Today NIFTY achieved all our targets.......

NSE-Alert

As said earlier, WAIT for RBI's credit policy. If the policy is favourable i.e RBI keep the rates unchanged then we may expect some bounceback in the market especially in BANKING sector.


If the policy fails to please the market participants then expect some sharp declines in the market.
As indicated in the chart, NIFTY is weak due to negative divergence on the chart. MACD has break down the signal line showing weakness in days to come.
NIFTY's probable targets are 5450-5400.
Yesterday NIFTY went down below its 200DMA.
Further CCI is also showing weakness on NIFTY.
So by all means NIFTY is weak with possible targets of 5400-5450 in days to come.

NSE-Alert

JUST WAIT n WATCH for RBI policy.......!!!!
and then plan ur trade.....


We will update the levels for NIFTY later on........

NSE-Alert

NIFTY

For the past one week NIFTY is directionless giving no indication of going upward or downward. Further it is trading in a very strict range of 5780-5920.i.e. in a range of 140 points. In this series, I feel NIFTY wont break down below 5750.
As per charts & moving averages, NIFTY's 200 DMA exists at 5740 so till 5740 there is every chance of bounce back to 5920. Below 5740, NIFTY looks weak and may touch 5690 its 100 DMA.

So best strategy would be to buy around 5780, 5750 levels and exit around 5880, 5920 levels.

NSE-alert

NIFTY is moving above its 100DMA at 5690. It is probable that market may touch 5750 in its current upmove. And before moving up further it may touch 5550 and then it may go 5850. So buy around 5550 levels and book profits around 5850 levels. it is not advisable to make fresh longs at this levels. Wait for the market to provide you the necessary dips....
Happy hunting.....and trading.....
All the best.....!!!!!

NSE Alert

NSE

Buy with SL of 5478. If it breaches 5478 on the downside then the possible targets may be 5442, 5427 and 5404. But huge panic is not on the cards.

On the upside market may surprise us to touch 5508, 5519 and 5527.
If it fails to cross 5519 then expect some short selling pressure on the bourses which may lead the market to touch 5478 and 5442.

NSE-Alert

Since NSE has given a gap down opening, it is not advisable to create fresh shorts. Its immediate intraday supports are 5380,5364 and 5342. Its immediate intraday resistances are 5404,5416 And 5437.

NSE-Alert

NIFTY-

PP	R1	R2	S1	S2	S3
5501	5566	5604	5492	5475	5464

NIFTY is trading below its 50, 100, 200 DMA. In today’s trade it will take support at 5492 and 5474.

Bears take hold of situation if NIFTY starts trading below 5453. Below that mark it may try to test 5437 and 5402.

LEVELS for BULLS………

BULLS will dominate market only above 5547. If NIFTY continue to trade above 5547……..more power will be added by bulls to take nifty to the levels of  5560, 5586and 5604

SBI

PP	R1	R2	S1	S2	S3
2592	2618	2635	2575	2550	2532

SBI is also trading below its average. I would suggest to accumulate SBI in the current fall around 2350-2450 with target of 2900. It has a strong support at 2500 with immediate resistance at 2630 & 2650.

Wait for RBI policy to come before taking any position in this stock.

TATA STEEL

PP	R1	R2	S1	S2	S3
595	608	616	587	574	567

Trading below its MDA with immediate resistance at 607 & 612. Also showing sign of  Positive divergence on the chart except with one great factor of  quake and tsunami due to which metals demand may slow down for a short term. Overall bullish in the long term.

MARKET Alert

As recomended in our blog yesterday, NIFTY achieved all targets suggested by us.

As japan was hit by a strong earthquake and Tsunami, its impact was clearly seen on NIKKEI. It tanked 6.18%. The shock of this event was also felt in EMs as most of the world markets were trading with negative bias but we managed to close in green above 5520.
At this level it is advisable to trade with utmost caution as markets are prone to react heavily on any negative news. Those who have purchased yesterday are advised to book some profits and close their trade.

Also EUROPE markets were trading with negative bias and closed in a negative territory.
US Markets also closed on a negative side. So we can expect some high volatility in the market.
Therefore trade cautiously..........HAPPY Trading......!!!!

NSE Alert

NIFTY achieved all our targets.

NSE-Alert

WATCH........
ESCORTS for target of 145 in 3-5 days. SL-112
OSWAL Chemicals for target of 62-65 in 5-7 days. SL-44.5

NSE Alert

Todays Trading Strategy 

Bears take hold of situation if NIFTY starts trading below 5403. Below that mark it will try to test 5385 and 5343.

LEVELS for BULLS………

BULLS will dominate market only above 5453. If NIFTY continue to trade above 5453……..more power will be added by bulls to take nifty to the levels of  5473, 5495 and 5515.

So keep adding ypur positions with last SL of 5270

NSE Alert

NIFTY down 158 points......
If it closes above 5320 then chances of moving up.........

NSE Alert

NIFTY down 144 points...................!!!!!!!!????

market alert

LOOK.........!!!!!

NIFTY (spot) hasn't breached our support of 5343. If it doesn't then we may expect another round of rally upto 5500

NSE Alert

NIFTY-

NIFTY has started showing negative divergence on the chart. I feel that if it do not hold support of 5350, 5320 levels then it might be possible that we may see 5100, 5000, 4800 levels on nifty.

Todays Trading Strategy
Bears take hold of situation if NIFTY starts trading below 5411. Below that mark it will try to test 5385 and 5343.

LEVELS for BULLS………

BULLS will dominate market only above 5453. If NIFTY continue to trade above 5453……..more power will be added by bulls to take nifty to the levels of  5473, 5500 and 5540.

SBI

Yesterday I had written that this counter has started showing negative divergence.Now after broking all supports, the downside of this stock has been expanded to 5500, 5450. So wait for while and buying should be initiated around 5450 levels.

NSE alerts

Due to tension in Libya and other middle-east countries supply of crude has been widely affected leading to a short term uptrend in crude. This incresase will show positive effect on prices of cairn India stock. So keep a watch on cairn india......this unrest in mid-east countries may continue for a month or more. So within in a month prices of CAIRN India may soar to 360-375.

So keep a WATCH........!!!!

NSE alerts

NIFTY-

Bears will take hold of situation if NIFTY starts trading below 5464. Below that mark it will try to test 5438 and 5410.

LEVELS for BULLS………

BULLS will dominate market only above 5485. If NIFTY continue to trade above 5485……..more power will be added by bulls to take nifty to the levels of  5502, 5515 and 5540.

SBI

This counter has started showing negative divergence on the chart. So avoid buying.

It has a support at 2680 and 2646 with immediate resistance at 2710. If it starts trading above 2710 and 2735 then on the upside it can touch 2800 and 2835. So buy with strict SL and lot of caution……..!!!

NSE alerts

NIFTY Trading Levels:

PIVOT-5485
R1-5558, R2-5598, R3-5671
S1-5445, S2-5392, S3-5340,
.

Buy tips

Buy Mphasis CMP 674.15
Target 690, 695 SL- 665

market updates

Hang Seng  Dwn 2%
Nikkei  Dwn 1.96%
Shanghai Dwn 2.12%

NSE Alert

Market has rebounded from the support level that we have suggested.........

Market rumours.......

WAIT &WATCH...............!!!!

NFL, Chambal Fertiliser, RCF......all fertilizer stocks..........
There is something in the budget...........which can move these stocks to a higher levels.....!!!!

NSE Alert

 

	PP	R1	R2	R3	S1	S2	S3
NIFTY	5500.0	5558.0	5657.0		5401.0	5343.0
SBI	2772.0	2804.0	2847.0		2728.0	2695.0	2652.0
Hindalco	211.0	214.0	220.0		205.0	202.0	197.0
T. Steel	644.0	654.0	671.0	681.0	627.0	617.0	600.0
IDBI	135.6	138.6	143.9	146.9	130.3	127.0	122.0

NIFTY-

After Fridays fall, Nifty again slipped below all the moving averages except 7 & 11 DMA. Therefore Nifty may try to take support at 5421 and 5392. If it breaches 5392 then it may test 5350 in today’s trading session.

Nifty will be bullish only if it continue to trade above 5450. More power will be added if it touches 5475 and then it will touch 5495 and 5515 in today’s trade too.

On Friday it started developing bearish engulfing pattern but not yet confirmed. So trade with caution and strict Stoploss.

SBI-

It is trading still above its 25, 7, 200 and 11 DMA. Therefore these averages will act as supports. So SBI will show support at 2730, 2700 and 2690. I feel in banking sector, SBI will outperform if it continues to trade above its 200 and 11 DMA.

So keep buying SBI with SL-2680 and NIFTY SL-5350

IDBI-

This counter is trading below all the averages……a weak counter. So buy it only if it starts trading above 138 with SL of 135. If market falls it may touch 120-122.

HINDALCO-

This counter is trading well above its 200DMA but overall its move is weak. Its immediate strong support lies at 200 and 191. In my opinion I will maintain buy on this counter around 202-204 with SL 200. In forthcoming days it may touch 220-225.

NEWS-update

Govt agrees to JPC probe
The government has bowed to opposition demands for a Joint Parliamentary Committee (JPC) investigation into a major telecom corruption scandal, lawmakers said on Sunday, in a move to end months of deadlock and ensure passage of the upcoming Budget.
"The government has agreed to a JPC (Joint Parliamentary Committee)," Gurudas Dasgupta, leader of the Communist Party of India, said after leaving a cross-party meeting in New Delhi.

This news may turn the movement of market in favour of bulls.....???

market updates

Yesterday the market behaved abruptly under pressure of profit booking. After a long run of almost 375 points it was not an unwarranted situation. Only the technical analysts were aware of  32.8% to 50% retracement of market from the lowest point of 5178 from where it bounced back. Yesterdays profit booking was expected but I didn't thought that it would be such a big one.
But still I feel that the market fundamentals are strong. Only the forthcoming event of budget is the only event that we all are waiting for. As I  have written 3-4 days back that market may test 5300-5340 levels in days to come because this is the gap that market has made in earlier days which it will try to fill in days to come.

Overall, there is nothing to worry.....this was only a bout of profit taking. I feel that it wont break 5150 level. In case it goes below 5150 level then it would become a serious question...?

Eco pieces

Chinese tightening measures have had limited effect on base metals so far, but eventually they will take their toll, suggests Edward Meir, analyst with MF Global. Chinese authorities are upping the bank reserve ratio requirement another 50 basis points. Meir notes that metals are mixed, with copper, tin, and nickel all down slightly, while the rest post modest gains. “So far, Chinese measures to cool the economy off do not seem to have had much effect, which is why metal markets have brushed off each successive rate or reserve hike,” Meir says. “However, we believe the slower pace of activity is a matter of when, not if, and a more significant downside move in metals will eventually come our way once Chinese macro data starts to reflect the impact of these moves whose impact on the economy will only grow after each round higher.”

So may be in forthcoming days we can see some pressure on metal stocks......??

NSE Alert

NIFTY-

Yesterday NIFTY crosses its 50DMA thus showing some strength to scale towards 5600 and 5650. If it continuously trades above 5550 then buying on dips should be exact strategy.

Further NIFTY also shows positive divergence on the chart which further strengthens its position.

 

Trading Strategy

 There may be some pause on NIFTY because of almost 380 points rally. So it is better to take some profits.

	PP	R1	R2	R3	S1	S2	S3
NIFTY	5520.0	5578.0	5610.0	5668.0	5488.0	5450.0	5430.0
SBI	2769.0	2798.0	2817.0	2846.0	2750.0	2721.0	2702.0
Hindalco	212.0	213.7	215.9	217.5	209.9	208.3	206.1
Tata Steel	651.0	660.0	666.0	676.0	645.0	635.0

HINDALCO

Since in this whole metals rally HINDALCO hasn’t performed so buying it would be a risky call. If one wants to buy, buy it around 208 and keep SL of 205. There is negative divergence on chart therefore, a weak call.

 Compared to Hindalco, Tata Steel is better call.

TATA STEEL-

Due to astounding Quarter results, it’s a buy call but in a planned mode. Since it has rallied all the way from 578 to 656, I feel it will cool down a little. So buy on dips is correct strategy.

STATE BANK OF INDIA

Next major resistance is 2850. So buy cautiously with strict SL of 2710

NSE Alert

State Bank Of India

CMP-2785; Given to buy at 2680 on 14-02-2011, book full profits.

NSE Alert

NIFTY STRATEGY

Go Long at / above 5460. Keep Stoploss at 5454 Target 1 is 5476.8.
Go Long at / above 5466.42. Keep Stoploss at 5454.54. Target 2 is 5487.8.
Go Long at / above 5474.56. Keep Stoploss at 5466.42. Target 3 is 5501.75.

TATA STEEL

Go Short at / below 644.5. Stoploss at 645. Target 1 is 620.55
Go Short at / below 635.35. Stoploss at 645. Target 2 is 616.55.

NSE Alert

Today the markets moved in a
very tight range of 35 points. It seems that
the market players are waiting for the budget to decide the
course of movement. In spite of market rangebound moves TATA STEEL, UNITECH, JP ASSOCIATES were the star performers. Further LT, HDFC & IDFC were the favourite counters of short sellers.

Markets today also failed
to break the level of 5510 which 

seems to be a tough resistance for the market. 

If the market fails to break 5510 in days to come then
we can see some distressed profit booking which may lead the market 
to the level of 5450.

NSE Alert

SBI

Time to celebrate.................it hit 2770.00

Book Partial profits and Hold for 2800.00

NSE Alert

TATA STEEL 

It achieved our target of 638 ..........book profits...........

NSE Alert

NIFTY

Today's.....Above...5483.00...it favours bulls Only...and

May Try to Hit........5500.00 and than...5520.00 too in Today's Trading Session.............

Bears are active only below 5449......

Bears May Try to become active only  Below....5449.00 Mark...Below that Mark....NIFTY FUTURE May Try to hit......5420.00 and 5394.00 too in Today's Trading Session....Watch Carefully

STATE BANK OF INDIA

Banking Looks Great......

 If it remains above 2732, may try to hit 2770, 2820 in todays trade. 

Keep SL of 2681.00

TATA STEEL

Yesterday result of TATA STEEL was astounding.......
Buy it Around 612-615

Will try to hit 630, 638

Keep SL of 607.00