ALL given Stock are on GIVEN LEVELS.
1 JINDAL STEEL: Close Below 600,immediate target 583.
Close Below 578, Target 552.Stop Loss 622.
2 REL INFRA : Close Below 980 or trade below. Immediate target 965. Close Below 950 will take it 880. STOP LOSS 1008.
3 Bharat Forge : Close Below or trade below 233, will take it 216.
4 NIFTY SPOT Close Below 4670. Immediate target 4565. SL 4757.
5 GE SHIPPING Close Below 250. Immediate target 235-225.SL:263
6 RCOM Close below 158. Ultimate target 134.SL above 171.
7 ULTRATECH CEM Close below 985, will take it to 936.Stop Loss 1002.
8 ORCHID CHEM: Close below 163.immediate target 145.
9 BHUSHAN STEEL : Close below 1592, Immediate target 1552,
And Close below 1543, will take it to 1480. Stop Loss 1623.
10 HDIL Close below 284. immediate target 270,253.STOP Loss 302
11 INDIA INFOLINE Below 108,immediate target 96-88. STOP Loss Close above 120.
12 CIPLA Close below 300,immediate target 286. SL 314.
13 TITAN Close below 1696 will take it 1664.SL 1740.
Tuesday, February 23, 2010
Friday, February 19, 2010
UPDATE-19th Feb
NIFTY SPOT:on 17 th feb ,i advice ,if nifty goes below 4895 will see 4851-4842.
Currently trading at 4828. Just see how it gives 50 points in just on 2nd trading day.
Currently trading at 4828. Just see how it gives 50 points in just on 2nd trading day.
Wednesday, February 17, 2010
Nifty-Coming days view
NIFTY SPOT: Close 4914. High 4929.
Nifty has strong resistance at 4940-50 level.
Support exist at 4895.
If nifty Goes below 4895, we can see panic selling upto 4852-4841.
Nifty has strong resistance at 4940-50 level.
Support exist at 4895.
If nifty Goes below 4895, we can see panic selling upto 4852-4841.
Update-17th Feb 2010
ABAN : Made a high 1279.8, Near to our target of 1288.Our call given for Monday buy above 1200. Given 6.5% return in 3 trading days.
For Non risk,we have advice to buy above 1233. so in one trading day it zooms from 1233 to 1279.
Bharat Forge : our immediate target of 259 achieved,made a high of 260.5 and close was 251.3. Our call buy above 252.5. Call was initiated yesterday.
NIFTY On 8th feb i have wrote that nifty will go up and my ultimate target is 4920.it made a high of 4925,and close to 4914.
See details of that post.
For Non risk,we have advice to buy above 1233. so in one trading day it zooms from 1233 to 1279.
Bharat Forge : our immediate target of 259 achieved,made a high of 260.5 and close was 251.3. Our call buy above 252.5. Call was initiated yesterday.
NIFTY On 8th feb i have wrote that nifty will go up and my ultimate target is 4920.it made a high of 4925,and close to 4914.
See details of that post.
Monday, February 15, 2010
UPDATE-15th Feb 2010. MONDAY
Jayshree Tea Immediate target of 334,achieved. Made a high of 338.8.
Our other target is 348.Call given yesterday. to buy at 322. It was open at 324.20
Our other target is 348.Call given yesterday. to buy at 322. It was open at 324.20
Saturday, February 13, 2010
SRF-MAke a ride on others tyre
SRF LTD: CMP-184.9 BUY above 187 ,with support of 180.for immediate target of 192,198.
Keep A stop Loss of Close Below-174.
This Stock looks risk free buy but only above the given level.
ABAN OFFSHORE- Drilling in it give us black gold.
BUY this stock above 1200 for immediate target of 1228.Close above 1233 or trades above this level will take it to 1288.
Immedaite support is at 1170. Stop Loss can be maintained 1149.
If not want to take risk ,kindly buy only above 1233.
CRUDE Conflicting situation
CRUDE
Below is the Daily chart of crude.
The crude looking to go down and can see $69.The Support line given in green is near to its trading range and break below this can see 69. which is another support.
Bullishness starts when it cross above Blue line.
Bearishness starts when it cross below green Line 2.
So currently we can see crude can play between 69-74 range in coming days.
Wait for pattern complete and take the decision.
Below is the Daily chart of crude.
The crude looking to go down and can see $69.The Support line given in green is near to its trading range and break below this can see 69. which is another support.
Bullishness starts when it cross above Blue line.
Bearishness starts when it cross below green Line 2.
So currently we can see crude can play between 69-74 range in coming days.
Wait for pattern complete and take the decision.
Friday, February 12, 2010
Bharat Forge- The Forging Strength.
We advice to buy this stock above 252.50. CMP: 248.The immediate target 259.
If trades above 260 then will take it 273.
Keep A Stop Loss of close below 242.
Crucial support is at 235.
MANAKSIA LTD- Unlock your Pack
MANAKSIA LTD: CMP-87.2
Buy this stock for immediate target of 98. close above 100 or trade above 100 with volumes will take it 114 level.
Stop Loss - Close below 80.
Jayshreee Tea- The Dip Dip Sip
JAYSHREE TEA: CMP-321
We Advice To Buy this Stock for immediate target of 334,348.
Keep a stop Loss of Close below 298.
Monday, February 08, 2010
Nifty-Update and coming days view
see yesterday i have said major support is 4674,It made a low of 4677 and turn back it came back to find a heavy resistance at 4788 level. Made a high of 4796 and close at 4766.
Sunday, February 07, 2010
Nifty- For 8th Feb
Nifty: Last Close 4757.
Resistance: 4776-4788
Above this Level : 4824-30.
If survive 4830 for some time,then you can see 4865.
My Ultimate target is 4920.
Major Support: 4674.
Resistance: 4776-4788
Above this Level : 4824-30.
If survive 4830 for some time,then you can see 4865.
My Ultimate target is 4920.
Major Support: 4674.
Friday, February 05, 2010
Nifty View
Today world indices were down around 2 %.
Nifty Spot: Todays Low 4692.Close 4718.
Crucial Support: 4688. Below 4688 it will see 4636.
Resistance: 4795-4808. Above 4808- T 4844.
Nifty Spot: Todays Low 4692.Close 4718.
Crucial Support: 4688. Below 4688 it will see 4636.
Resistance: 4795-4808. Above 4808- T 4844.
Thursday, February 04, 2010
Market And Nifty View
Earlier in my blog ,stated that there will be second round of selling will come with high density. Time has come.As i am writing this,Europe indices are down by more than a percent and Dow and Nasdaq are also down by more than a percent.
Gold,crude is also down by around 2%.
Negative news have been flooded and now there is no room.
DOw has support at 9975. This is the last chance for revival.
Why Dow?All other indices are tail of dow.
NIfty: Downward pressure remain on nifty and it can test 4760.
For tommorrow Nifty can show strength only above 4872 level.It has to hold that level for more than hour.
Gold,crude is also down by around 2%.
Negative news have been flooded and now there is no room.
DOw has support at 9975. This is the last chance for revival.
Why Dow?All other indices are tail of dow.
NIfty: Downward pressure remain on nifty and it can test 4760.
For tommorrow Nifty can show strength only above 4872 level.It has to hold that level for more than hour.
Update-4th feb 2010
Nifty SPOT: Made a low of 4831.High of 4908
Our call short if Nifty Spot goes below 4898. Target 4865.
Below 4865 target 4830.It made alow of 4831.
LUPIN: Our call was given if close above 1455,will take it to 1500. made a high of
1600.
Our call short if Nifty Spot goes below 4898. Target 4865.
Below 4865 target 4830.It made alow of 4831.
LUPIN: Our call was given if close above 1455,will take it to 1500. made a high of
1600.
Wednesday, February 03, 2010
NIFTY strategy For 4th FEB 2010
Nifty Spot: Close 4932.
Nifty support : 4898,4865
Nifty resistance: 4950,4982
Advice: If Nifty Spot trades above 4950 for some time then buy for target 4982.
If Nifty trades below 4898.Short for target 4865 and Lower.
If goes below 4865,lower target is 4830.
Lower side seems more.
Nifty support : 4898,4865
Nifty resistance: 4950,4982
Advice: If Nifty Spot trades above 4950 for some time then buy for target 4982.
If Nifty trades below 4898.Short for target 4865 and Lower.
If goes below 4865,lower target is 4830.
Lower side seems more.
Sunday, January 31, 2010
The Market positions -Sentiments and Impact
The Height and bottom of the market.
The New year started with big bang and world over all the market participant came with the new target for the market, and the indices world over started to make new highs DOW,Nasdaq,NIfty,Sensex,FTSE,DAX,Shanghai,Hangseng all were showing that we will give you return same as what we have given in 2009.
Then in mid January the real thing happened which was right and just finding the reason to blame others.First came CHINA for curbing the finances ,then OBAMA ,then Japan with low business development and then all that news which were earlier ignored now making big impact and effect.
But what happen was real.It was due,it was necessary and in the right direction. When Fundamental moves in other way then no technical works,all supports were broken before any one can understand.
NOW the big question what we will see in future.
Current Situation:
Stimulus package allover has just done to stop more downward which started in 2008.But they have not done enough to revive the market towards new growth.
Government with low interest rate and high deficit now do not have any more room to give to economy.Just they can go on the same thing or can cut,but cant give more to the economy.Higher inflation and high commodity price are also the culprit which have stopped the economic revival.World over govt. is in loose-loose situation.
The incentive has to be taken back and that to be very soon.
Dollar Index which was in southward direction in 2009 has reversed its trend and its moving northwards. Just see how EURO is going down day by day.
All indexes are trading at very high PE.Which indicates the current price levels are very high or at peak.
2009 given the highest return if calculated on Y-O-Y basis in many years. This type of return were on anticipation that economy will be on track and it will boom more then what was seen earlier.But that was not achieved and sentiments changed.
NOW the big question what we will see in future.
About economy emerging market will see growth ,but developed economy the task is hard to revive.As US and Europe which have real time data of every aspect of economy on real time basis,this all indicators are giving conflicting signals as some show upward and some down,this made the policy makers work so hard that they are not coming with the best. To much in mind gives nothing.
About stock market short term we will see down trend till June.We think the commodity rates will come down with the stocks till June,and if same happens the medium term outlook will be good and in longer term we will see new highs.
Psychology : Investor who becomes trader in shorter period get panicked in this situation and they sell every thing at market rates. And this situation will arise just we will see when the down fall start in coming days. Currently as per short term all indexes are at there support levels,and other indicators in negative zone which clearly indicates that there will be more down fall then upward.
What to do Now?
Every rise sell- sell .Get out of the market before 15Th of FEB. Currently all indices will be very volatile and the day traders will burn there fingers in even on the day index is up.There will some rise in indexes in coming days and more action will be seen in MADCAPS,But this will be from Punters to just transfer there holding to small investor at high rates.
The New year started with big bang and world over all the market participant came with the new target for the market, and the indices world over started to make new highs DOW,Nasdaq,NIfty,Sensex,FTSE,DAX,Shanghai,Hangseng all were showing that we will give you return same as what we have given in 2009.
Then in mid January the real thing happened which was right and just finding the reason to blame others.First came CHINA for curbing the finances ,then OBAMA ,then Japan with low business development and then all that news which were earlier ignored now making big impact and effect.
But what happen was real.It was due,it was necessary and in the right direction. When Fundamental moves in other way then no technical works,all supports were broken before any one can understand.
NOW the big question what we will see in future.
Current Situation:
Stimulus package allover has just done to stop more downward which started in 2008.But they have not done enough to revive the market towards new growth.
Government with low interest rate and high deficit now do not have any more room to give to economy.Just they can go on the same thing or can cut,but cant give more to the economy.Higher inflation and high commodity price are also the culprit which have stopped the economic revival.World over govt. is in loose-loose situation.
The incentive has to be taken back and that to be very soon.
Dollar Index which was in southward direction in 2009 has reversed its trend and its moving northwards. Just see how EURO is going down day by day.
All indexes are trading at very high PE.Which indicates the current price levels are very high or at peak.
2009 given the highest return if calculated on Y-O-Y basis in many years. This type of return were on anticipation that economy will be on track and it will boom more then what was seen earlier.But that was not achieved and sentiments changed.
NOW the big question what we will see in future.
About economy emerging market will see growth ,but developed economy the task is hard to revive.As US and Europe which have real time data of every aspect of economy on real time basis,this all indicators are giving conflicting signals as some show upward and some down,this made the policy makers work so hard that they are not coming with the best. To much in mind gives nothing.
About stock market short term we will see down trend till June.We think the commodity rates will come down with the stocks till June,and if same happens the medium term outlook will be good and in longer term we will see new highs.
Psychology : Investor who becomes trader in shorter period get panicked in this situation and they sell every thing at market rates. And this situation will arise just we will see when the down fall start in coming days. Currently as per short term all indexes are at there support levels,and other indicators in negative zone which clearly indicates that there will be more down fall then upward.
What to do Now?
Every rise sell- sell .Get out of the market before 15Th of FEB. Currently all indices will be very volatile and the day traders will burn there fingers in even on the day index is up.There will some rise in indexes in coming days and more action will be seen in MADCAPS,But this will be from Punters to just transfer there holding to small investor at high rates.
Monday, January 25, 2010
Market View
From last many days we are not providing any calls as we were looking for good opportunity. We dont concentrate on calls we look winning stocks.As from many days major A group stock were in overbought position and thats they were just looking to correct and they get the reason of china and obama.The Market has corrected for 350 points in Nifty. We expect the market will bounce back,just to recover short positions.The clear picture is not available. Do not believe on TV channel who talks both way.So pls have patience ,clearly we will give calls when best performer will come like earlier.
Currently only our Moser Baer Call is Open.It has not broken is Stop Loss.
ITC and UNIPHOS have not clear there levels so calls not initiated, so as of now we advice to avoid UNIPHOS and ITC to buy on our given Levels.They are trading below our given levels.
If you need more info kindly mail us to pmscontact@yahoo.com
Currently only our Moser Baer Call is Open.It has not broken is Stop Loss.
ITC and UNIPHOS have not clear there levels so calls not initiated, so as of now we advice to avoid UNIPHOS and ITC to buy on our given Levels.They are trading below our given levels.
If you need more info kindly mail us to pmscontact@yahoo.com
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