JAI SHRI KRISHNA
US MKT STILL WEAK
ASIAN MKT MIXEDPRITHVI INFO.........BSE CODE : 532675 (308.50)
BUY AROUND 308 TO 309 WITH SL OF 300 FOR A TARGET OF 323 , 325.
IDFC LTD..........BSE CODE : 532659 (223.60)
BUY AROUND 222 TO 223 WITH SL OF 214 FOR A TARGET OF 232 , 235.
SUJANA METALS...........BSE CODE : 513414 (51.20)
BUY AROUND 51 TO 51.50 WITH SL OF 47 FOR A TARGET OF 56 , 57.50
IDFC : IMMEDIATE TARGET 250+NIFTY FUTURES (F & O):HURDLE AT 5963 LEVEL.EXPECT SOME RALLY UP TO 6024-6026 ZONE FOR TIME BEING.SUPPORT AT 5938 LEVEL. BELOW THIS LEVEL, EXPECT UNWINDING UP TO 5903 LEVEL.
BELOW 5840-5842 ZONE, EXPECT PANIC AND HAVE CAUTION.
SELL IF TOUCHES 6087 LEVEL. STOP LOSS AT 6146-6148 ZONE.
SHORT-TERM INVESTORS:REVERSAL (NEGATIVE) IS SEEN. EXIT ON RALLIES.SHORT-TERM UPWARD TARGET AT 6207-6209 ZONE. SHORT-TERM SUPPORT AT 5779-5781 ZONE
SAIL FUT : BUY WITH STOP LOSS OF 242 . . . . . TARGET OF 254, 259 . . . . READY FOR A GOOD UP MOVE!
RAJESH EXPORTS FUT : BUY WITH STOP LOSS OF 860 WITH TARGET OF 888, 909. . .
INDIAN BANK FUT :BUY WITH TARGET OF 241, 248. . . . . . .KEEP STOP LOSS OF 227 . . . .
MARKET OUTLOOKTODAY): NIFTY BEARISH TARGET OF 5890 ACHIEVED. NIFTY IS BEARISH BUT OVERSOLD AND LIKELY TO GIVE COUNTER RALLY. IMMEDIATE RESISTANCE IS AT 6050, CROSS OVER MAY TAKE TO 6091, 6151 AND THEN 6210. TWO CLOSE ABOVE 6210 WILL TAKE NIFTY INTO NEW ORBIT, CHANCES ARE RARE IN VIEW OF BEARISH BREAKOUT OF YESTERDAY. HOWEVER TILL NEXT TUESDAY THERE SHOULD BE A COUNTER RALLY. BUT THERE WOULD BE INTRADAY DOWN SWINGS, SO PROTECT YOUR LONGS ACCORDINGLY.
MARKET OUTLOOK FOR COMING WEEKSE ARE ABOUT TO ENTER SELL MODE. SO IN THIS COUNTER RALLY I WOULD ADVICE ALL TO OFFLOAD THEIR LONGS. IN A ZIGZAG MANNER NIFTY WILL NOW COME DOWN TO 5250-5350. IN COMING WEEKS. YES WE MAY ENTER SELL MODE NOW. SO BE CAUTIOUS FOR THE TIME BEING IN COMING WEEKS. LET THE LOWER TARGETS BE ACHIEVED AND THEN ST
MPHASIS FUT : .BUY WITH STOP LOSS OF 289 WITH TARGET OF 303, 312 . . .BUY WELSPUN GUJARAT IF SUSTAINS ABOVE 515 STOP LOSS BELOW 508 TARGET 520-522-525+SELL BELOW 512 STOP LOSS 524 TARGET 508-506-500 AND BELOW
BUY DISHMAN STOP LOSS BELOW 335 TARGET 350-352-355+
SELL IDEA BELOW 146.50 STOP LOSS ABOVE 152 TARGET 144-143-142 AND BELOW
SELL ARIES AGRO BELOW 235 STOP LOSS ABOVE 250 TARGET 230-228-225 AND BELOW
BUY INDIAN BANKB ST RS 219 AND SHORT TERM TGT RS 265
BUY ASIAN ELEC ST RS 490 SHORT TERM TGT RS 810
BUY RNRL SHORT TERM TGT RS 209 TGT RS 223 TO 230
BUY HIMAT SINGKA SEIDE ST RS 101 TGT RS 140
BUY NIFTY FUTURES ST RS 5800 TGT RS 6180
BUY ORBITCO AT OPENING TRGT 1026-1038 SL 983 PREMARKET INTRADAY ORBITCO - TARGET--1026-1038,SL--983,,,(SELMCL BUY - SL--188 ,,,TARGET-207-214 PRE-MARKET INTRADAY,DONT BUY IF OPEN NEAR TARGET
US MKT STILL WEAK
ASIAN MKT MIXEDPRITHVI INFO.........BSE CODE : 532675 (308.50)
BUY AROUND 308 TO 309 WITH SL OF 300 FOR A TARGET OF 323 , 325.
IDFC LTD..........BSE CODE : 532659 (223.60)
BUY AROUND 222 TO 223 WITH SL OF 214 FOR A TARGET OF 232 , 235.
SUJANA METALS...........BSE CODE : 513414 (51.20)
BUY AROUND 51 TO 51.50 WITH SL OF 47 FOR A TARGET OF 56 , 57.50
IDFC : IMMEDIATE TARGET 250+NIFTY FUTURES (F & O):HURDLE AT 5963 LEVEL.EXPECT SOME RALLY UP TO 6024-6026 ZONE FOR TIME BEING.SUPPORT AT 5938 LEVEL. BELOW THIS LEVEL, EXPECT UNWINDING UP TO 5903 LEVEL.
BELOW 5840-5842 ZONE, EXPECT PANIC AND HAVE CAUTION.
SELL IF TOUCHES 6087 LEVEL. STOP LOSS AT 6146-6148 ZONE.
SHORT-TERM INVESTORS:REVERSAL (NEGATIVE) IS SEEN. EXIT ON RALLIES.SHORT-TERM UPWARD TARGET AT 6207-6209 ZONE. SHORT-TERM SUPPORT AT 5779-5781 ZONE
SAIL FUT : BUY WITH STOP LOSS OF 242 . . . . . TARGET OF 254, 259 . . . . READY FOR A GOOD UP MOVE!
RAJESH EXPORTS FUT : BUY WITH STOP LOSS OF 860 WITH TARGET OF 888, 909. . .
INDIAN BANK FUT :BUY WITH TARGET OF 241, 248. . . . . . .KEEP STOP LOSS OF 227 . . . .
MARKET OUTLOOKTODAY): NIFTY BEARISH TARGET OF 5890 ACHIEVED. NIFTY IS BEARISH BUT OVERSOLD AND LIKELY TO GIVE COUNTER RALLY. IMMEDIATE RESISTANCE IS AT 6050, CROSS OVER MAY TAKE TO 6091, 6151 AND THEN 6210. TWO CLOSE ABOVE 6210 WILL TAKE NIFTY INTO NEW ORBIT, CHANCES ARE RARE IN VIEW OF BEARISH BREAKOUT OF YESTERDAY. HOWEVER TILL NEXT TUESDAY THERE SHOULD BE A COUNTER RALLY. BUT THERE WOULD BE INTRADAY DOWN SWINGS, SO PROTECT YOUR LONGS ACCORDINGLY.
MARKET OUTLOOK FOR COMING WEEKSE ARE ABOUT TO ENTER SELL MODE. SO IN THIS COUNTER RALLY I WOULD ADVICE ALL TO OFFLOAD THEIR LONGS. IN A ZIGZAG MANNER NIFTY WILL NOW COME DOWN TO 5250-5350. IN COMING WEEKS. YES WE MAY ENTER SELL MODE NOW. SO BE CAUTIOUS FOR THE TIME BEING IN COMING WEEKS. LET THE LOWER TARGETS BE ACHIEVED AND THEN ST
MPHASIS FUT : .BUY WITH STOP LOSS OF 289 WITH TARGET OF 303, 312 . . .BUY WELSPUN GUJARAT IF SUSTAINS ABOVE 515 STOP LOSS BELOW 508 TARGET 520-522-525+SELL BELOW 512 STOP LOSS 524 TARGET 508-506-500 AND BELOW
BUY DISHMAN STOP LOSS BELOW 335 TARGET 350-352-355+
SELL IDEA BELOW 146.50 STOP LOSS ABOVE 152 TARGET 144-143-142 AND BELOW
SELL ARIES AGRO BELOW 235 STOP LOSS ABOVE 250 TARGET 230-228-225 AND BELOW
BUY INDIAN BANKB ST RS 219 AND SHORT TERM TGT RS 265
BUY ASIAN ELEC ST RS 490 SHORT TERM TGT RS 810
BUY RNRL SHORT TERM TGT RS 209 TGT RS 223 TO 230
BUY HIMAT SINGKA SEIDE ST RS 101 TGT RS 140
BUY NIFTY FUTURES ST RS 5800 TGT RS 6180
BUY ORBITCO AT OPENING TRGT 1026-1038 SL 983 PREMARKET INTRADAY ORBITCO - TARGET--1026-1038,SL--983,,,(SELMCL BUY - SL--188 ,,,TARGET-207-214 PRE-MARKET INTRADAY,DONT BUY IF OPEN NEAR TARGET