Market Outlook and Tips for 15th Sept,09

On Monday, the 14th September, the markets opened on a weak note and traded in a range bound manner with extreme volatility and choppiness as a result of weak confidence among the bulls after the opening with continuous phases of buying and selling in the market further worsened by the selling pressure.

During the whole session, the NIFTY kept hovering above and below the 4800 mark, with support seen at 4787 mark.

The NIFTY traded with extreme volatility above the 4800 levels, followed by repeated rounds of buying and profit booking witnessed at every dip and upside, and kept trading in a directionless manner due to lack of confidence among the traders and cautious approach on the part of investors.

The Nifty finally closed at 4808.60 losing 21 points or 0.43 %.

Market Outlook for 15th Sept, 2009:
The Intraday Support for the market shall be 4762 & 4718 while the market will experience resistance at 4849 & 4889.

Intraday Tips for 15th Sept, 2009:

Buy NIFTYabove 4834 with a Stop Loss of 4784

Sell NIFTY below 4784 with a Stop Loss of 4834

Market Outlook and Tips for 14th Sept 2009

On Friday, the 11th September, 2009, the markets opened on a positive note backed by the global cues but soon shed all its early gains and turned extremely volatile and choppy after the opening trade. The Markets kept hovering into the positive and negative territory for the entire day assisted by continuous rounds of buying and selling.

The buying and profit booking kept coming in with every dip and upside, and kept trading zig-zag confused manner due to lack of confidence among the bulls and cautious approach on the part of investors.

At the end of the session, the Nifty finally closed at 4829.55 gaining 10 points or 0.21 %

Market Outlook for 14th Sept, 2009:

The Intraday Support for the market shall be 4782 & 4749 while the market will experience resistance at 4865 & 4917.

Intraday Tips for 14th Sept, 2009:

Buy NIFTY above 4855 with a Stop Loss of 4806

Sell NIFTY below 4802 with a Stop Loss of 4860.

Market Outlook and Tips for 11th Sept 2009

Sensex gained 33 points or 0.2% at 16,216 while, Nifty ended flat to shut the shop at 4,819.

On Thursday, the 10th September, 2009, the NSE Nifty managed to hold on to the 4800 levels for the third straight day. The current rally seems to be running out of steam now as both the benchmark indices are witnessing selling at higher levels.

Traders and investors preferred to book some profits as the Nifty inched closer to the 4900 mark. Strong inflows from the FIIs (Foreign Institutional Investors), supported by some local buying have been driving the mark northward since last three consecutive days. But, today the market players chose to stay back because of many factors like drought, rising inflation and Interest rates.

Not only in Indian Markets, there are worries such as tepid consumer spending, high unemployment and hardening commodity prices for the global markets too.

Today the inflation numbers also came in. India’s inflation for the week ended August 29 came out to be -0.12% as against -0.21% in the previous week. The Market expected inflation to come in at -0.09%.

At the end of the session, the Nifty ended almost flat to shut the shop at 4819.

Trading Strategy for 11th Sept, 2009:

Buy NIFTY at 4855 with a Stop Loss of 4832 for a target of 4870 & 4898.
Sell NIFTY at 4811 with a Stop Loss of 4844 for a Target of 4782 & 4763.

Intraday Tips for 11th Sept, 2009:

Buy Educomp at 4265 with a Stop Loss of 4225 for a target 4303 & 4359.

Buy Jindal Steel & Power at 3502 with a Stop Loss of 3472 for a target of 3533 & 3561.

Market Outlook and Tips for 10th Sept 2009

On Wednesday, the 9th September, 2009, the markets opened flat and turned out to be extremely volatile and choppy right after the opening, hovering into the positive and negative territory for the entire session of trade.

The Nifty traded with extreme volatility around the 4800 levels, followed by repeated buying and profit booking with every dip and upside, and kept trading in a direction-less trend due to lack of confidence among the bulls after witnessing the pitfalls of the year 2008.

The Nifty finally closed almost flat at 4814.25 gaining 9 points or 0.19 %

Market Outlook for 10th Sept, 2009:

The Intraday Support for the market shall be 4781 & 4742 while the market will experience resistance at 4847 & 4892.

Trading Strategy for 10th Sept, 2009:

Buy NIFTY above 4833 with a Stop Loss of 4794

Sell NIFTY below 4794 with a Stop Loss of 4833

Market Outlook and Tips for 9th Sept 2009

On Tuesday, the 8th Sptember, 2009, the markets opened on a positive note backed by positive cues from the peer Asian markets and turned extremely choppy later after the opening.

The Markets traded with volatility during the entire day's session, followed by buying coming in at every downside with investors coming in at lower levels and profit booking at every upside.

Metals, Oil & Gas, Capital Goods, Banking stocks were on the gaining side while selling pressure was witnessed at the counters for FMCG, Auto, Pharma and IT stocks.

At the end of the session, the Nifty Index finally closed at 4805.25 gaining 22 points or 0.47 %

Market Outlook for 9th Sep, 2009:

The Intraday Support for the Nifty shall be 4755 & 4716 while it will experience stiff resistance at the levels of 4849 & 4896.

Trading Strategy for 9th Sep, 2009:

NIFTY

Buy above 4830 with a Stop Loss of 4765

Sell below 4775 with a Stop Loss of 4835

Market Outlook and Tips for 8th Sept 2009

On Monday, the 7th September, 2009 the markets opened on a positive note backed by the positive cues from the global markets and continued the upward movement on sustained buying across all the counters.

Further, the strong European markets also lifted the investor confidence and the markets continued to move up.

Realty, Metal, Bank, Consumer Durable, Auto, Tech, PSU and Capital Goods stocks witnessed most of the buying in the days trade.

At the end of the session the Nifty finally closed at 4782.90 gaining 102 points or 2.19 %.

Trading Strategy for 8 Sep, 2009:

The Intraday Support for the market shall be 4735 & 4686 while the market will experience resistance at 4824 & 4865.

The Best Strategy shall be to:

Buy above 4804 with a Stop Loss of 4758

Sell below 4758 with a Stop Loss of 4804

Intraday Tips for 8th September, 2009:

BHARTIARTL : Buy above 422 with a Stop Loss of 417 for targets of 434,439

Or if trades below 409 Short BHARTIARTL SL 416 Targets 397,391

RELCAPITAL : Buy above 924 sl 919 Targets 934,938 Or if trades below 913 Short RELCAPITAL SL 918 Targets 903,899

Market Outlook and Tips for 7th Sept 2009

On Friday, the 4th September, the markets opened on a positive note backed by the mixed cues from the global markets but soon volatile the situation turned volatile until the buying came in at the lower levels which helped the markets to sharply surge up.

Further wirh the strong opening of the European markets investor sentiments got boosted up and strong buying came into the markets during the mid session.

The strong buying continued mainly across the Auto, Metal, Oil & Gas and Capital Goods stocks.

At the end of the session, the Nifty finally closed at 4680.40 gaining 87 points or 1.89 %.

Market Outlook for 7th Sept, 2009:

The Intraday Support for Nifty shall be 4634 & 4580 while the market will experience resistance at 4724 & 4760.

Trading Strategy:-

Buy NIFTY above 4705 with a Stop Loss of 4658
Sell below 4655 with a Stop Loss of 4707.

Market Outlook and Tips for 3rd Sep 2009

On Wednesday, the 02nd September, 2009, the markets opened on the weaker side backed by the negative cues received from the global markets but soon after that, buying came in as the investor interest arose at the lower levels which helped the markets to recover from the opening losses and surged into the positive territory. Soon after this markets traded in an extreme choppy fashion for the entire session hovering into the negative and positive territory from time to time.

Weak European & Asian markets also added to the negative sentiments and dragged down the markets further and at the end of the day managed to recover from the earlier day's lows and ended in the marginally negative side.

Selling pressure was witnessed among the Realty, Capital Goods, Power and Auto stocks.

At the end of the session the Nifty finally closed at 4608.35 losing 17 points or 0.37 %

Market Outlook for 3rd Sep, 2009:

The Intraday Support for the market shall be 4560 & 4525 while the market will experience resistance at 4659 & 4700.

Intraday Trading Tips for 3rd Sep, 2009:

Buy NTPC above 207 with a Stop Loss of 205 for a target of 211.

Buy AMBUJACEM above 98 with a Stop Loss of 97.50 for a target of 101.

Sell NALCO below 328 with a Stop Loss of 333 for a target of 323.

Sell MARUTI below 1498 with a Stop Loss of 1517 for target of 1471.

Intraday Trading Tips for 2nd Sep, 2009:

SUZLON Buy Above 95 SL 93 Target 97 Target Achieved
BHEL Sell Below 2255 SL 2280 Target 2220 Target Achieved

Market Outlook and Tips for 2nd Sep 2009

On Tuesday, the 1st September, 2009, the markets opened positive backed by the firm cues from the Asian Markets as a result of which the Markets traded higher putting on fair gains during the early part of the day before the profit booking came in later at the higher levels.

The Weak European markets also added load and dragged the sentiments in the negative area during the second half in the day's session and leading the markets to lose all its early trade gains to slip deep into the reds.

The selling pressure from the investors was mainly seen in the Realty, Power, Pharma and Capital Goods sectors.

The Nifty faced resistance above 4712 mark while it experienced support at 4618 levels.

Nifty finally closed at 4625.35 to end the session losing 37 points or 0.79 %

Market Outlook for 2nd Sep, 2009:

The Intraday Support for the Nifty shall be 4570 & 4530 while the market will experience resistance at 4674 & 4720.

Intraday Trading Tips for 2nd Sep, 2009:

Buy SUZLON above 95 with a Stop Loss of 93 for a target of 97.
Buy TATA STEEL above 418 with a Stop Loss of 413 for a target of 429.

Sell IDEA below 78 with a Stop Loss of 81 for a target of 76.
Sell BHEL below 2255 with a Stop Loss of 2280 for a target of 2220.

Market Outlook and Tips for 01st Sep 2009

On Monday, the 31st of August, 2009, the markets opened with gap down opening backed by the negative cues from the Asian Markets and the selling pressure due to the negative sentiments in the market further dragged the markets down.

The Nifty experienced support at 4647 and smartly managed to recover from day's lows to end the day marginally above the met days lows.

Nifty finally closed at 4662 losing 70 points or 1.48 % approx.

Intraday Support for the market shall be 4618 & 4574 while the market will experience resistance at 4712 & 4753.

Trading Strategy for 1 Sep, 2009:

Buy NTPC above 212 with a Stop Loss of 209 for a target of 217.

Buy TATA STEEL above 426 with a Stop Loss of 421 for target of 435.

Sell IDEA below 81 with a Stop Loss of 82 for a target of 78.

Sell BPCL below 505 with a Stop Loss of 510 for a target of 496.

Market Outlook and Tips for 31st Aug 2009

On Friday, the 28th August 2009, the markets opened with a gap up positive opening but soon turned volatile and traded extremely choppy backed by mixed cues from the Asian Markets.

The Nifty faced stiff resistance at 4698 mark and profit booking emerged every time it traded above this level unless after the mid session it made a strong recovery from the days lows to end on a positive note on fresh buying coming in with the strong opening of the European markets.

However, it traded with positive bias and managed to end the day on the green side.

Nifty finally closed at 4732.35 gaining 44 points or 0.94 %.

For Monday, the 31st August 2009, the Intraday Support for the Nifty shall be 4686 & 4648 while the market will experience resistance at 4774 & 4816.

Trading Tips for 31 Aug, 2009:

Buy SUZLON above 94 with a Stop Loss 93 for a target of 97.

Buy IDEA buy above 82 with a Stop Loss of 80 for a target of 84.

Sell BHEL below 2315 with a Stop Loss of 2340 for a target of 2274.

Sell BPCL below 491 with a Stop Loss of 498 for a target of 484.

Market Outlook and Tips for 27th Aug 2009

On Wednesday, the 26th August, 2009, the markets spotted a positive gap up opening but soon turned volatile and traded extremely choppy throughout the day ahead of the FnO (Futures and Options) expiry. The Nifty faced stiff resistance exactly at 4698 level.

However, it traded with a positive bias and managed to end the day on a positive note.

Nifty finally closed at 4680.85 gaining 21 points or 0.46 % at the close of the session.

Trading Strategy for 27th Aug, 2009:

Buy AMBUJA CEM Above 99 with a Stop Loss of 97 for a target of 103.
Buy IDEA Above 81 with a Stop Loss of 79 for a target 83.
Sell HDFC BANK Below 2500 with a Stop Loss of 2525 for a Target of 2446.
Sell MARUTI below 1398 with a Stop Loss of 1413 for a target of 1371.

Market Outlook and Tips for 25th Aug 2009

On Monday, the 24th August, 2009, the markets opened with a huge gap up on strong cues from the global markets. Strong buying thereon, led the markets to maintain its gain throughout the day, however investors churned their positions while markets ended on a strong note.

At the end of the session, the Nifty finally closed at 4642.80 gaining 114 points or 2.52 %

For 25th August, 2009 the Intraday Support for the Nifty shall be 4596 & 4552 while the market will experience resistance at 4684 & 4723.

Trading Tips for 25th Aug, 2009:

Buy AMBUJA CEM Above 100 with a Stop Loss of 98 for a target of 103.
Buy POWER GRID Above 109 with a Stop Loss of 107 for a target of 112.
Sell SUZLON Below 88 with a Stop Loss of 90 for a Target of 86.
Sell SUN PHARMA Below 1184 with a Stop Loss of 1196 for a Target of 1162.

Our FREE Intraday Tips for 24 AUG 2009:
POWER GRID Buy Above 108 SL 106 Target 110 Exited @ 109.20
TATASTEEL Buy Above 447 SL 443 Target 453 Target Achieved.

Market Outlook and Tips for 24 Aug 2009

On Friday, 21st August, 2009, the markets opened weak on negative cues from Asian markets but strong buying came in from Domestic Funds and FIIs at lower levels which pulled the markets sharply up to end on a strong note.

Nifty finally closed at 4528.80 gaining 75 points or 1.69 % approximately.

Market Outlook for 24th August 2009:

Intraday Support for the market shall be 4482 & 4438 while the market will experience resistance at 4574 & 4617.

Trading Tips for 24th Aug, 2009:

Buy POWER GRID Above 107 with a Stop Loss of 105 for a target of 111.

Buy TATASTEEL Above 446 with a Stop Loss of 443 for a target of 45.

Sell AMBUJA CEMENT Below 97 with a Stop Loss of 99 for a Target of 95.

Sell HDFC BANK Below 1457 with a Stop Loss of 1472 for a Target of 1435.

Market Outlook and Tips for 19th August 2009

On Tuesday, the 18th August, 2009, the markets rallied strongly after opening flat in the initial morning trade. Both the Investors and traders went in for bargain hunt on the frontline stocks after Monday's sharp fall in the market.

Markets traded in an extremely bullish mood with strong buying seen coming in. The European markets further added to the positive sentiment of the traders. Following have been the stats at the end of the day.

The Nifty finally closed at 4458.90 gaining 71 points or 1.62 %.

For 19th August, the Intra day support for the market shall be 4401 & 4466 while the market will experience resistance at 4506 & 4548.

Trading Tips for 19th Aug, 2009

Buy AXIS BANK above 834 with a Stop Loss of 825 for a Target of 848.

Buy HERO HONDA above 1402 with a Stop Loss of 1380 for a Target of 1428.

Sell HINDALCO below 105 with a Stop Loss of 107 for a Target of 104.

Sell SUZLON below 87 with a Stop Loss of 89 for a Target of 85.

Market Outlook and Tips for 18th August 2009

The US markets have ended in deep red for the last session of trade.
The European markets also followed the same trend.
Asia has opened Flat.

We can expect the Indian Markets to open flat to positive.

NIFTY Technicals :
Current Spot : 4387.9
Supports : 4341.6 & 4295.4
Resistance : 4467 & 4546.2

Day Trading Tips:

DLF : Buy above 368 for targets of 375 and 379. SL of 359

ICICI Bank : Buy above 705 for targets of 715 and 722. SL of 699

RNRL : Buy above 79 for targets of 81 and 83. SL of 77.50

Stock Advice for 31st July 2009

The US markets ended higher for the last trading session. Europe also ended higher. The Asian Markets are trading and opened in positive.
The Indian Markets are expected to open positive.

The support for the Sensex is 15000 and the resistance to the up move is at 15600-16046.

Nifty: (4571) the support for the Nifty is at 4500 and the resistance to the up move is at 4700-4789

Intraday Tips:
RNRL :Buy above 85.90 for targets of 86.50 and 87.85. SL of 84.25

LNT : Buy above 1490 for targets of 1510 and 1525. SL of 1475

IFCI : Buy above 51.25 for targets of 52.2 and 53.1. SL of 50.40

Jai Corp :Buy above 231 for targets of 233 and 235. SL of 228

HDIL :Buy above 280 for targets of 285 and 291. SL of 276

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Stock Advice for 30th July 2009

The US markets have ended flat in the last trading session. European markets managed to end higher. The Asian Markets have opened flat.

The Indian Markets are expected to open flat to positive. Today we have the Futures and Options expiry (Role Over) so volatility is expected in today's session of trading as a result of this.

The support for the Sensex is 15270-15150 and the resistance to the up move is at 15620-16050
Nifty: (4513) the support for the Nifty is at 4480-4440 and the resistance to the up move is at 4580-4625-4680

Day Trading Tips:

RIL : Buy above 1950 for targets of 1965 and 1985. SL of 1940

HDIL : Buy above 268 for targets of 272 and 278. SL of 265

Adlabs : Buy above 262 for targets of 268 and 274. SL of 258

NTPC :Buy above 215 for targets of 218 and 221. SL of 211

Happy Earnings... :)

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Stock Advice for 29th July 2009

The US markets have ended flat for the last session of trade.
However, Europe ended in red.
The Asian Markets are trading mixed.
We expect the Indian Markets to open flat to positive.
The support for the Sensex is 15280-15100 and the resistance to the up move is at 15600-16046
Nifty: (4564) the support for the Nifty is at 4535-4500 and the resistance to the up move is at 4615-4700-4789

Day Trading Tips :

REC : Buy above 179 for targets of 182 and 185. SL of 176

HCC : Buy above 116 for targets of 118 and 121. SL of 112

NTPC : Buy above 218 for targets of 222 and 225. SL of 215

RNRL : Buy above 83 for targets of 84.25 and 85.80. SL of 81.50

Happy Investing and Happy Earning... :)

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Stock Advice for 28th July 2009.

The US markets have ended flat in the last session.

The opening for Asia has been mixed.

We can expect the Indian markets to open flat to positive. The session is expected to remain range bound. The support for the Sensex is 15270-15150 and the resistance to the up move is at 15700-16050
Nifty: (4570) the support for the Nifty is at 4545-4550 and the resistance to the up move is at 4625-4715-4780

Day Trading Tips:

NTPC: Buy above 215 for targets of 218 and 221. SL of 212

Torent Power: Buy above 215 for targets of 218 and 222. SL of 211

Adlabs: Buy above 370 for targets of 374 and 379. SL of 365

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