Tips for 14.01.2008

Sunday, January 13, 2008

JAI SHRI KRISHNA
US MKT DOWN.....
ASIAN MKT MIXED.
Volatile session ahead
IPO's making mkt volatile.
Apply for FUTURE CAPITAL IPO... NTPC Fut : Buy with stop loss of 269 . . . . . target of 280, 286 .
MRPL Fut : Buy with stop loss of 124 with target of 133, 137. . .
Cairn Fut : Buy with target of 245, 252. . . . . . .Keep stop loss of 233 . . . . HPCL Fut :Buy with stop loss of 330 with target of 345, 352 . . .
EXIDE IND.......BSE Code : 500086 (80.55)
Buy Around 79 to 80 with Sl of 73 for a target of 85 , 87.
RICHA KNITS.......BSE Code : 532766 (49.25)
Buy around 49 TO 49.10 WITH Sl of 43 for a Target of 53 , 54.
IDEA CELL : New Target 170+
FEDRAL BANK : New Target 400+
KARNATAKA BANK: Target 300+
Trading Range - Nifty 6100-6350 Break and crossover in either side sharp movement expected.
Long tem trend are bullish, Excellent Opportunity , accumulate quality stocks
Nifty future: Keep a stop loss 6350 and remain below weakness continue...... IFCI & ISPAT : Do not play short sell on panic, smart traders buy and sell on rally and make money. Excellent chart and long term trend up. NIFTY FUTURES (F & O):
Support at 6187 level.Below 6144-6146 zone, expect panic up to 6089-6091 zone by non-stop and have caution.Hurdle at 6214 level.Above 6235 level, expect short covering up to 6276-6278 zone by non-stop. Short-Term Investors:Short-Term Upward Target at 6317-6319 zone. Short-Term Support at 6048-6050 zone
MARKET OUTLOOK:-MARKET IS IN CORRECTION MODE. ANY RISE TOWARDS 6250-6300 BE USED AN OPPORTUNITY TO GET OUT OF LONGS. TWO CLOSE ABOVE 6300 WILL TAKE MARKET AGAIN INTO NEW ORBIT. MIXED TREND TO CONTINUE WITH STOCK SPECIFIC MVEMENTS. BOTH BULLISH AND BEARISH OPPORTUNITIES WILL BE AVAILABLE.NIFTY SUPPORT:6133 AND THEN 6065. RESISTANCE AT 6250 AND THEN 6290 FOR TODAY.
INVESTMENT IDEA:-
ROTO PUMPS:- (CMP:80) BUY FOR TARGET OF 140+
(a worth investment...)Buy GT offshore st Rs 950 Tgt Rs 1130 to 1310
Buy Century Text st rs 1100 Tgt Rs 1350
Buy ICIcI Bank st Rs 1410 Tgt Rs 1462 to 1480
Buy Reliance industries St Rs 3093 tgt Rs 3180
Buy Ruchi Soya Industry For Short terms
Buy GUJNRECOKE Stop loss below 132 Target 143-145-146+
Buy GEOJIT Stop loss below 99 Target 107-109-110+
Buy EXIDE IND if sustains above 81 Stop loss below 79 Target 82-83-85+
Buy D-LINK Stop loss below 95 Target 104-105-106+ buy on dips dlf trgt1243. jpasso trgt 500.kotak bank trgt 1355 rcomm trgt 842 yes bank trgt 283 in a weekkk enjoyyyyyyy