(BUY CALLS TRADE IN UPPER TREND ONLY AND SELL CALLS IN LOWER TREND ONLY)
BUY ISPATIND IF SUSTAINS ABOVE 47 STOP LOSS BELOW 44 TARGET 48-49-50+
BUY POLARIS IF SUSTAINS ABOVE 92 STOP LOSS BELOW 89.50 TARGET 94-95-96+
SELL INFOSYS BELOW STOP LOSS 1645 TARGET 1576-1565-1550+
SELL PATNI BELOW STOP LOSS 280 TARGET 265-260-255+
AS SUGGESTED YSTERDAY NIFTY FOUND SUPPORT AT 5435
2DAY WE FIND SBI GOOD IN DAILY CHARTS . : AS WE POSTED IN OUR GROUP AND YSTERDAY MSG, WE HAVE BULLISH OUTLOOK ON NIFTY AND WE EXPECT NIFTY TO TEST TGT 5715 IN COMING DAYSSO DO NOT CARRY HOME TOO MANY LONGS FOR THE TIME BEING THOUGH WE ARE IN A TECHNICAL RALLY. MANY STOCKS ARE GIVING BULLISH INDICATIONS IN SHORT TERM BUT BEWARE OF THE GLOBAL MARKETS AND GO ON BOOKING PROFITS INTRADAY, AS IT IS NOT ADVISABLE TO CARRY HOME LONGS FOR NEXT DAY. CROSSOVER NIFTY 5500 - BULL FAVOUR
NIFTY BELOW 5400 BEAR FAVAOUR.
ON PRE-BUDGET RALLY TRY TO EXIT/LIQUIDATE YOUR LONG/DELIVERY POSITON AND SEATING WITH CASH IS A BEST STRATEGY. WHAT TO EXPECT TODAY :
1. EXPECT BEARISH OPENING DUE TO MAJOR WEAKNESS IN USA MARKET DUE TO SERVICE INDUSTRY RECESSION.
2. CONCENTRATE MOMENTUM STOCKS WHICH WERE SHOW YESTERDAY SHOWING TREMENDOUS STRENGTH LIKE, RNRL, JP HYDRO, INDUS BANKS, NTPC, GMR INFRA, IFCI, ISPAT INDUSTREIS AND MANY MORE.
3. MARKET EXPECTED BIG DOWN SIDE GAP OPENING. ADVISE TO AVOID SHORT SELL IN EARLY TRADE. FIRST 30 MINUTES WAIT AND WATCH IS A BEST STRATEGY.
4. CAUTIOUS APPROACH TO FRESH LONG POSITON... WE ARE EXPECTING ONE MORE SEVERE CORRECTION IN THE MARKET.. DELIVERY CALL :GTL INFRA, IFCI, HIN MOTORS, NODIA TOLL AND MANY MORE....
KERNEX MICRO (532686) : BUY IT WITH STOP LOSS OF 190 ON CLOSING BASIS WITH TARGET OF 222, 245 . . . .SHORTLY 300+
NAGARJUNA FERT FUT : BUY WITH STOP LOSS OF 44 . . . . . TARGET OF 49.50, 54 . . . .
PFC FUT : BUY WITH STOP LOSS OF 191 WITH TARGET OF 200, 206. . .
CHAMBAL FERT FUT :BUY WITH TARGET OF 59, 63. . . . . . .KEEP STOP LOSS OF 54 . . . .
WWIL FUT : BUY WITH STOP LOSS OF 204 WITH TARGET OF 53, 57 . . . NIFTY FUTURES (F & O):BELOW 5456 LEVEL, EXPECT SELLING UP TO 5421-5423 ZONE AND THEREAFTER IT CAN TUMBLE UP TO 5388-5390 ZONE. BULLS MAY COME BACK AT LOWER LEVELS. STOP LOSS SHOULD BE AT AROUND 5377-5399 ZONE.HURDLES AT 5487-5489 ZONE (OR) AT 5491 & 5498 LEVELS.ABOVE 5520-5522 ZONE, EXPECT A JUMP UP TO 5531-5533 ZONE AND THEREAFTER SHORT SELLING LOOKS RISKY TOO.
BUY ISPATIND IF SUSTAINS ABOVE 47 STOP LOSS BELOW 44 TARGET 48-49-50+
BUY POLARIS IF SUSTAINS ABOVE 92 STOP LOSS BELOW 89.50 TARGET 94-95-96+
SELL INFOSYS BELOW STOP LOSS 1645 TARGET 1576-1565-1550+
SELL PATNI BELOW STOP LOSS 280 TARGET 265-260-255+
AS SUGGESTED YSTERDAY NIFTY FOUND SUPPORT AT 5435
2DAY WE FIND SBI GOOD IN DAILY CHARTS . : AS WE POSTED IN OUR GROUP AND YSTERDAY MSG, WE HAVE BULLISH OUTLOOK ON NIFTY AND WE EXPECT NIFTY TO TEST TGT 5715 IN COMING DAYSSO DO NOT CARRY HOME TOO MANY LONGS FOR THE TIME BEING THOUGH WE ARE IN A TECHNICAL RALLY. MANY STOCKS ARE GIVING BULLISH INDICATIONS IN SHORT TERM BUT BEWARE OF THE GLOBAL MARKETS AND GO ON BOOKING PROFITS INTRADAY, AS IT IS NOT ADVISABLE TO CARRY HOME LONGS FOR NEXT DAY. CROSSOVER NIFTY 5500 - BULL FAVOUR
NIFTY BELOW 5400 BEAR FAVAOUR.
ON PRE-BUDGET RALLY TRY TO EXIT/LIQUIDATE YOUR LONG/DELIVERY POSITON AND SEATING WITH CASH IS A BEST STRATEGY. WHAT TO EXPECT TODAY :
1. EXPECT BEARISH OPENING DUE TO MAJOR WEAKNESS IN USA MARKET DUE TO SERVICE INDUSTRY RECESSION.
2. CONCENTRATE MOMENTUM STOCKS WHICH WERE SHOW YESTERDAY SHOWING TREMENDOUS STRENGTH LIKE, RNRL, JP HYDRO, INDUS BANKS, NTPC, GMR INFRA, IFCI, ISPAT INDUSTREIS AND MANY MORE.
3. MARKET EXPECTED BIG DOWN SIDE GAP OPENING. ADVISE TO AVOID SHORT SELL IN EARLY TRADE. FIRST 30 MINUTES WAIT AND WATCH IS A BEST STRATEGY.
4. CAUTIOUS APPROACH TO FRESH LONG POSITON... WE ARE EXPECTING ONE MORE SEVERE CORRECTION IN THE MARKET.. DELIVERY CALL :GTL INFRA, IFCI, HIN MOTORS, NODIA TOLL AND MANY MORE....
KERNEX MICRO (532686) : BUY IT WITH STOP LOSS OF 190 ON CLOSING BASIS WITH TARGET OF 222, 245 . . . .SHORTLY 300+
NAGARJUNA FERT FUT : BUY WITH STOP LOSS OF 44 . . . . . TARGET OF 49.50, 54 . . . .
PFC FUT : BUY WITH STOP LOSS OF 191 WITH TARGET OF 200, 206. . .
CHAMBAL FERT FUT :BUY WITH TARGET OF 59, 63. . . . . . .KEEP STOP LOSS OF 54 . . . .
WWIL FUT : BUY WITH STOP LOSS OF 204 WITH TARGET OF 53, 57 . . . NIFTY FUTURES (F & O):BELOW 5456 LEVEL, EXPECT SELLING UP TO 5421-5423 ZONE AND THEREAFTER IT CAN TUMBLE UP TO 5388-5390 ZONE. BULLS MAY COME BACK AT LOWER LEVELS. STOP LOSS SHOULD BE AT AROUND 5377-5399 ZONE.HURDLES AT 5487-5489 ZONE (OR) AT 5491 & 5498 LEVELS.ABOVE 5520-5522 ZONE, EXPECT A JUMP UP TO 5531-5533 ZONE AND THEREAFTER SHORT SELLING LOOKS RISKY TOO.