Saturday, January 23, 2010

250110

Nifty resisted at the given resistance at 5298-5310.
Nifty support now at 4865-4735-4650.
And resistance at 5181-5215-5310 above which it may face resistance at 5424-5549-5670. I feel markets may move up but over enthusiasm towards the market expecting good budget and disinvestment on the cards retail investors are holding long which may lead to a sharp fall in the coming days to shake the investor’s confidence. After the rollover , nearing the first week where writing calls and puts becomes profitable markets may either go side ways or a sharp fall is not ruled out. Be careful on the long position during this period.
Dow should take support at 10065 below which it can take support at 9050-8875, Nasdaq should take support at 2150 below which it can take support at 2190-2165 and S&P 500 should take support at 1075 below which it can take support at 1075-1065.

IBSEC recommended on 131209 almost hits the 1ST target..
INDIABULLS recommended on 131209 sl hit.
STER BIO recommended on 131209 all targets hit.
ADANI POWER recommended on 131209 target hit.
NHPC recommended on 131209 marginally misses the target.
VARUN recommended on 131209 all target hit.
RCOM recommended on 51209 sl hit.

Monday, December 28, 2009

Saturday, December 12, 2009

131209

BUY IB SEC SL 31 TGT 38-41.
BUY INDIABULLS ABOVE 136 SL 130 TGT 150-154.
BUY STER BIO SL 90 TGT 102-107.
BUY ADANI POWER SL 92 TGT 103.
BUY NHPC SL 32 TGT 38.
BUY VARUN ABOVE 152 SL 146 TGT 169.

NIFTY HAS SUPPORT AT 5050-5010 RESISTANCE AT 5181-5275.

PENDING CALLS IDEA TGT HIT,BHARTI TGT HIT,CHENNAI PETRO SL HIT AND RCOM STILL OPEN.

Saturday, December 5, 2009

051209

BUY BHARTI AIRTEL SL 301 TGT 320-330
BUY CHENNAI PETRO SL 215 TGT 230-245
BUY RCOM SL 173 TGT 195-200.

NIFTY HAS SUPPORT AT 5050-5010 RESISTANCE AT 5181-5275.

PREVIOUS OPEN CALLS DIVIS LAB HITS FIRST TARGET, RANBAXY NEARING FIRST TARGET, IDEA NEARING FIRST TARGET AND TV-18 WHICH HIT THE SL LAST WEEK BOUNCES BACK.

Saturday, November 28, 2009

241109

BUY DIVIS LAB ABOVE 615 SL 572 FOR THE TGT OF 680-710 & BUY RANBAXY ABOVE 450 SL 415 FOR THE TGT 535-550.

NIFTY HAS SUPPORT AT 4695-4650 AND RESISTANCE AT 5105-5180 .

LAST WEEK CALL: OUT OF 14 CALLS 3STOCKS FAILED TO MOVE ABOVE THE LEVELS , 3 STOCKS HIT STOP LOSS AND 3 STOCKS HIT THE 1ST TGTS AND 5 STOCKS HIT THE 2ND TGT.

RECOMMENDED ON 141109: PRISM CEMENT HIT THE FIRST TGT TV -18 SL HIT IDEA STILL OPEN.

Saturday, November 21, 2009

211109 DEL CALLS

ACC SL-1 760 TGT-1 795 TGT-2 805
ABAN SL-1 1355 TGT-1 1458 TGT-2 1537
BOI SL-1 384 TGT-1 397 TGT-2 410
CANARA BANK SL-1 365 TGT-1 389 TGT-2 410
CENTURY TEX SL-1 480 TGT-1 502 TGT-2 512
FEDRAL BANK SL-1 238 TGT-1 247 TGT-2 249
GE SHIPP SL-1 282 TGT-1 302 TGT-2 315
GRASIM SL-1 2320 TGT-1 2375 TGT-2 2450
HIND PETROL SL-1 343 TGT-1 355 TGT-2 358
IDBI SL-1 125 TGT-1 135 TGT-2 137
SBI SL-1 2330 TGT-1 2383 TGT-2 2405
SAIL SL-1 190 TGT-1 197 TGT-2 199
TISCO SL-1 548 TGT-1 580 TGT-2 585
UNION BANK SL-1 270 TGT-1 279 TGT-2 282

Saturday, November 14, 2009

141109 NIFTY CASH

NIFTY SUPPORT NOW AT 4935-4920-4895 & RESISTANCE 5156-5295-5375