Free Intraday Stock Tips

Intraday Tips for 01-Dec'10

Patel Engineering Ltd.
CMP : 333.25
Recommendation : Buy @ 335 for Target of Rs 342-349 and Stoploss of Rs 326.

Rajesh Exports Ltd.
CMP : 124.20
Recommendation : Buy @ 125-126 for target of Rs 130-133+ and stoploss of Rs 121.

Central Bank of India
CMP : 189.35
Recommendation : Buy @ 191 for Target of Rs 195-198 and Stoploss of Rs 187.

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Nifty Intraday Outlook For 01-Dec

It was an another good day for Indian Stock Markets. Nifty showed good strength for consecutive two days and managed to close above 5850 levels. Nifty's short term trend still down but intraday trend is up. On upside resistance may be seen in the range of 5950-6000 levels.

For Intraday concern, trend deciding level is 5830-5850. If Nifty manages to trade above 5850 levels, then rally to 5,900/5,950/6,000 levels can be seen. on the other hand if Nifty fails to show strength above this levels then selling pressure till 5820/5790/5750 levels may also be seen

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Free Intraday Tips

Intraday Tips for 30-Nov'10

Bharti Airtel Ltd. (TGT Hit)
CMP : 338.55
Recommendation : Buy @ 340 for Target of Rs 348-357 and Stoploss of Rs 332.

Dish TV India Ltd. (TGT Hit)
CMP : 66.30
Recommendation : Buy @ 66.50 for target of Rs 67.60-69 and stoploss of Rs 65.

Lupin Ltd. (1st TGT Hit)
CMP : 508.85
Recommendation : Buy above 511 for Target of Rs 517-523 and Stoploss of Rs 499.

Jindal Poly...........read more

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INTRADAY F&O CALLS FOR 30-NOV

Sell Nifty Futures below 5825 for target of Rs 5800-5775 and stoploss of Rs 5850.
Sell Bank Nifty Futures below 11825 for TGT of Rs 11775-11730 and SL of Rs 11875.
Buy BPCL Futures around 678-680 for target of Rs 694-708 and stoploss of Rs 665.
Buy M & M Futures above 779 for target of Rs 788-794 and stoploss of Rs 771.

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Nifty Intraday Views For Tomorrow 30-Nov

It was a cheerful start for the Indian Stock Market. Nifty opened on positive note at 5789.95 levels and closed with handsome gains of 78 pts. Nifty showed some strength and made high at 5843.15 levels and finally managed to closed in green at 5830 levels.

Nifty showed some recovery from support near 5,750 levels and closed in green with lower volumes, which shows bulls have not been fully able to show strength from lower levels. Nifty's short term trend is still down. If Nifty manages to show strength above 5,850 levels then recovery may be continuing.

For intraday tomorrow, trend deciding level is 5,830-5,850. If Nifty shows strength above 5,850 levels, then rally to 5,900/5,950 levels may be seen. If Nifty does not show strength above 5,830 levels then selling pressure till 5,790/5,750/5,700 levels may also be seen.

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Market Starts With Positive Notes

The first day of business week lead Indian stock market index ended with good gains. Nifty (Nifty) crossed the psychological level of 5800. In today's business oil - gas and consumer durables sector approach spans is the most shopping. BSE (Sensex) ups 268 points, ie 1.4% to over 19 405 with the strong. Nifty with an edge of 78 points ie 1.36% to close at 5830. NSE CNX Midcap index of the medium is the fastest of 1.05%. BSE Midcap and BSE Smallcap Index 0.59% to 0.49% is the strength.

Asian stock markets are met - mixed signals this morning between the Indian stock market gains coincided with the beginning of the major indices. In the first hour of trading the Nifty touched the psychological level of 5800. But the Nifty slipped below this level. Then the market is traded in a narrow range. In the third hour of trading the Nifty moved up to the level of 5800. European stock markets enjoyed - a mix between news to start strongly in the Indian market persisted. 19 450 in the last hour of trading the Sensex and Nifty fell by 5843. After Nifty managed to close above 5800 levels.

Areas in terms of oil today - Gas index was the highest 2.69% strength. 1.63% of consumer durables, banking 1.36%, 1.24% on capital goods, IT 1.20%, 1.02% on Healthcare, Auto 0.98% to 0.96% and Realty Teesice suffered the loss of 0.94%. Metal 0.92%, 0.82% in PSU, FMCG and Power in the 0.74% is 0.35% lead

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Intraday Stock Trading Tips For 29-Nov

Tata Consultancy Services Ltd. (Both TGTs Hit)
CMP : 1,045.50
Recommendation : Buy on dips for Target of Rs 1055-1068 and Stoploss of Rs 1022.

Glenmark Pharmaceuticals Ltd. ((First TGT Hit))
CMP : 353.60
Recommendation : Buy @ 352-353 for target of Rs 356-360 and stoploss of Rs 345.

Central Bank of India (First TGT Hit)
CMP : 188.50
Recommendation : Sell @ 190-191 for Target of Rs 185-182 and Stoploss of Rs 195.

Educomp Solutions Ltd. (Two TGTs Hit)
CMP : 539.75
Recommendation : Buy @ 541-542 for target of Rs 545-550-558 and stoploss of Rs 527.50

Market is risky, trade cautiously or get experts advice by Online chat.

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Nifty Intraday Levels For 29-Nov

Today Nifty breached the crucial support level of 5700 and made a low of 5694. The market bounced back from that levels and recovered around 80 pts. By the and of day Nifty Managed to close above 5750, which shows some positive strength for coming trading session.

For intraday tomorrow, trend deciding level is at 5,780. If Nifty shows strength to trade above 5,780 levels, then rally to 5,800/5,830/5,850 levels may be seen. If Nifty does not show strength above 5,780 levels then selling pressure till 5,700/5,650/5,620 levels may also be seen.

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Market Overviews For the Week 22-26 Nov

This week, the markets were dragged low by the realty funding scam. Banking and realty stocks crashed after the CBI arrested top officials of the banking industry for collusion with developers and middlemen. Reports also indicated that SEBI was initiating a probe against insider trading though the finance minister has denied this.

The markets took a sharp beating this week and downward trend prevailed across all sectors. Amidst housing loan scam involving many companies, realty was the worst performer in the second consecutive week.

The numbers are following:

• The Sensex down 2.5% and Nifty down 2.5%.
• The CNX Midcap index was down 5.7%,
• BSE Smallcap index down 7.2%,
• BSE OilGas down 4%,
• BSE Realty down 14%,
• BSE Consumer Goods down 5.5%,
• BSE Bankex down 3.4% over the week.

Filed Under : Nifty Weekly Reports

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Twenty Facts of China's Rapid Growth

China has surpassed Japan in the second quarter of this fiscal year to become the world's second-largest economy, with only the United States ahead of it now. The second quarter of 2010 saw China's gross domestic product standing at $1.34 trillion and Japan's at $1.29 trillion

China's economy during the last three decades has transformed into a market-oriented economy with a booming private sector. The country now is a major player in the global economy. Forecasts suggest that China will surpass the United States as the world's biggest economy by, as early as, 2030.

While the developed world is still struggling to come out of the economic crisis that hit it in late 2008, China's economy is forecast to expand about 10 per cent -- continuing its robust double-digit growth. China is the world's fastest-growing economy, averaging a blistering growth rate of around 10 per cent for the past 30 years!

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Best Intraday Trading Calls

Intraday Stock Tips for 26-Nov'10


Sterlite Industries (India) Ltd. (Both TGT Hit)
CMP : 167.05
Recommendation : Sell @ 168-169 for Target of Rs 165-163 and Stoploss of Rs 170.50.

Shaily Engineering Plastics Ltd. (Both TGT Hit)
CMP : 114.05
Recommendation : Buy @ 114.50 for target of Rs 116-118 and stoploss of Rs 112.50

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Market Views For Tomorrow 26-Nov

Today market continued its short term down trend and showed selling pressure. Nifty closed below 5800 levels and Sensex closed below 19320 with extremely bearish market breadth, which shows bears are having control at the moment. Market sentiments may remain weak, as long as Nifty trades below 5,860 levels and Sensex trades below 19500 levels.

On the basis of daily charts the prices have breached the upward sloping trend line. Hence in coming trading session, if indices trade convincingly below the 19,257 / 5,780, then they may test lower levels of 19,170 - 19,000 / 5,750- 5,700. On the upside, 19,500- 19,628 / 5,880- 5,900 levels may act as resistance for the day.

If we look at Intraday market for tomorrow, trend deciding level is at 5,800. If Nifty shows strength to trade above 5,800 levels, then rally to 5,840/5,870/5,920 levels may be seen. If Nifty does not show strength above 5,800 levels then selling pressure till 5,750/5,720/5,680 levels may also be seen.

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Intraday Calls For 25-Nov

Shaily Engineering Plastics Ltd. (Target Hit)
CMP : 108.65
Recommendation : Buy @ 109 for Target of Rs 111-113 and Stoploss of Rs 106.

Rajesh Exports Ltd. (Target Hit)
CMP : 116.35
Recommendation : Buy @ 116-117 for target of Rs 119-120.50 and stoploss of Rs 114.50.

Apollo Tyres Ltd. (Target Hit)
CMP : 65.10
Recommendation : Buy @ 66 for Target of Rs 67.50-68.50 and Stoploss of Rs 63.50.

Spicejet Ltd.
CMP : 84.85
Recommendation : Buy @ 85.50 for target of Rs 87-88 and stoploss of Rs 83.

..........read more

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Market May Consolidate In The Range Of 6000-5825

Equities were witnessing a choppy session with positive bias ahead of November series F&O expiry. Gains in auto and oil&gas space were offset by losses in capital goods and technology stocks.

The index recovery has made a "hammer" candlestick pattern that suggests the low of 5825 will be defended strongly in the near term by the bulls. We expect the market to consolidate in the range of 6000-5825 in the remaining part of the week with a positive bias. However, the medium term trend has turned in favor of bears which will cap the rallies.

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Forecastings of Stock Market Movements

While forecasting stock market movements and its short term patterns, I've looked a model consisting of many components and indicators. Here's a brief overview of  stock market where four of my five basic categories stand now:

1. The fundamental valuation of the stock market is very high.
2. The macro-economic or business cycle-threatens to turn down again.
3. Liquidity indicators for the G7 countries have deteriorated sufficiently during the past 12 months to rate them as a clear negative for the stock market.
4. The overall technical picture shows some signs of a possible stock market top. But all in all it's more or less neutral.

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An Idea Of a Diversified Portfolio

While many investors and financial advisors may be worried that the idea of a “diversified portfolio” may be somewhat of an illusion these days, I don’t think it is necessarily a bad thing. After all Warren Buffett himself once said that, "Diversification is protection against ignorance. It makes little sense if you know what you are doing."

In other words many investors become so diversified that the ruin any chance of achieving alpha (or outperformance) on their portfolios. That’s one reason why most financial advisors cant manage to match the broad stock indexes.

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Daily Free Intraday Stock Tips

Intraday Stock Tips for 24-Nov'10

Dish TV India Ltd. (Target Hit)
CMP : 70.05
Recommendation : Buy above 71 for Target of Rs 73-75+ and Stoploss of Rs 68.

Shaily Engineering Plastics Ltd.(Both TGT Hit)
CMP : 103.50
Recommendation : Buy @ 103.50 for target of Rs 106-108 and stoploss of Rs 101.

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Indian Stock Market For Tomorrow 24-Nov

Key indices fell sharply as reports of hostility between the South and North Korea further dampened sentiment, already hit by European debt worries. However, a late recovery from the support of 5,800 in afternoon trading session helped Nifty to trim much of its losses. Going ahead, the undertone continues to be fragile given the anxiety surrounding the geo-political concern, Indian political scandals and Euro zone situation.

The market is now in a correction phase. The long term trend remains up. Nifty likely to face resistance around 6,000, if rallies and could find support levels at 5864-5830. The market is likely to remain volatile in view of expiry of derivatives due on 25th November.

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Trading Tips For Nifty Futures And Bank Nifty Futures

Nifty Futures
Sell Nifty Futures below 5,984 for target of 5,960-5,940 and stop loss 6,010.

Bank Nifty Futures
Sell Bank Nifty Futures above 12,450 for target of 12,510-12,590 and stop loss 12,395.

Ask Query....

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Intraday Stock Tips For 23-Nov

UCO Bank
CMP : 151.00
Recommendation : Buy @ 152.50 for Target of Rs 155-158 and Stoploss of Rs 147.

Dena Bank
CMP : 136.40
Recommendation : Buy @ 138 for target of Rs 141-145 and stoploss of Rs 133.


Kotak Mahindra Bank Ltd.
CMP : 479.85 
Recommendation : Buy @ 482 for target of Rs 489-495 and stoploss of Rs 471.

Varun Industries Ltd.
CMP : 243.80
Recommendation : Buy above 247 for target of Rs 253-257 and stoploss of Rs 241.

More Stocks to Buy : Gravita, Jaicorpo, DeltaCorpo.......
......source mOre iNtraday tIps

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Stock Market For Tomorrow 23-Nov

The market has recorded a recovery which improves the undercurrent. The market continues to be in a corrective phase and the long term trend remains up. The market is expected to remain volatile in view of expiry of derivative contracts due on 25th this week.

For the next trading session if indices trade convincingly above 19,990 / 6,020 levels then they are likely to test 20,057 - 20,250 / 6,076 -6,100. On the downside, 19,720 - 19,504 / 5,934 - 5,865 may act support for the day.

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Free Intraday Stock Tips

Intraday Stock Tips for 22-Nov'10

Educomp Solutions Ltd. (Both TGT Hit)
CMP : 605.85
Recommendation : Buy on dips for Target of Rs 617-625 and Stoploss of Rs 582.

Bharti Airtel Ltd. (1st TGT Hit)
CMP : 328.85
Recommendation : Buy near 332 for target of Rs 337-342-350 and stoploss of Rs 323.

Wockhardt Ltd. (Target Hit)
CMP : 395.20
Recommendation : Buy above 400 for Target of Rs 408-413 and Stoploss of Rs 389.

Jindal Poly Films Ltd. (Didn't Execute)
CMP : 511.10
Recommendation : Sell below 500 for target of Rs 491-484 and stoploss of Rs 518.

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Market Technical Views For Monday 22'Nov

After making weekly bearish candlestick pattern, Nifty continued selling pressure, which shows short term trend of market is down and intermediate correction is on. However, Nifty's long term trend is up.

For trading during the next sessions, trend deciding level is 5,900-5,950. If Nifty shows strength above 5,950 levels then we may see rally to 6025/6075/6150/6225 levels. If Nifty doesn't sustain above 5900 levels then decline to 5825/5750/5650 may also be seen.

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Nifty & Bank Nifty Future Tips

For Intraday Trading on 19-Nov

Nifty Futures
Sell Nifty Futures below 5,960 for target of 5,930-5,900 and stop loss 5,990.

Bank Nifty Futures
Buy Bank Nifty Futures above 12,580 for target of 12,620-12,660 and stop loss 12,540.

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Free Intraday Stock Tips

Intraday Stock Tips for 19-Nov'10


India Infoline Ltd. (Didn't Execute)
CMP : 115.80
Recommendation : Buy @ 116.80 for target of Rs 119-121.50 and stoploss of Rs 114.

Patel Engineering Ltd. (Didn't Execute)
CMP : 363.25
Recommendation : Buy above 365 for Target of Rs 370-374+ and Stoploss of Rs 358.

Indian Oil Corporation Ltd. (1st TGT Hit)
CMP : 396.65
Recommendation : Buy near 396 for target of Rs 402-407 and stoploss of Rs 390.

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Market Outlook For Tomorrow (19-Nov)

Today markets traded with higher choppiness but by the end of day finally manage to close in green. On the basis of daily charts and reports it is observing that the prices breached the crucial support levels of 19,769 / 5,937 on intraday basis, but have managed to close well above it and have formed a candlestick pattern that resembles a "Hammer". Therefore in coming trading session only if indices trade convincingly above 20,056 / 6,076 levels then they are likely to test 20,088- 20,216 / 6,100 - 6,120 levels. On the downside, any close below 19,769 / 5,937 would intensify selling pressure and indices may test 19,598 / 5,880 levels.

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Intraday F&O Calls For 18-Nov

Tata Steel
Buy Tata Steel futures above Rs 610 for target of Rs 617-623 and stop loss Rs 603.

ICICI Bank
Sell ICICI Bank futures below Rs 1,196 for target of Rs 1,181-1,166 and stop loss Rs 1,211.

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Intraday Stock Tips For 18-Nov

Reliance Infrastructure
Sell below Rs 980 for target of Rs 969-959 and stop loss of Rs 991.

ABG Shipyard Ltd.
Buy above Rs 454 for target of Rs 463-470 and stop loss of Rs 442.

Jet Airways (India)
Sell below Rs 850 for target of Rs 835-820 and stop loss of Rs 865.

Century Textiles & Industries
Sell around Rs 495 for target of Rs 488-482 and stop loss of Rs 500.10.

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Market Outlook For 18-Nov

In the next session 5,930 may act as an important support for Nifty. Traders are suggested to avoid long positions below 5,930. Metals and pharma stocks may attract buying at lower levels while auto and banking heavy-weights may attract selling pressure at gains. The market is likely to face resistance around 6,200 in the event of rally.

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An Overview of Market Unlikely Sentiments

Must Read

After making the high of 21000, markets manage to store itself. But rising interest rates in Korea and Ireland 69 billion default by the government to some extent among retail investors has created uncertainty. Then, the scandal of the Commonwealth Games, telecoms scam and Adarsh Society scam as well as political affairs news of the loss of Rs 14,000 crore to LIC increased doubts in investors mind. Well, if LIC resorted to the selling its market, then it could be dangerous. But it seem an unlikely market and the Indian government wants to see it as increasing.

My personal opinion is that there is not any barrier in India's development. Government fund-raising exercise will continue next year. In fact, the next year disinvestment target of Rs 75,000 crore is going to increase and therefore the market safe and sound must be. Yet the scope of the market correction will continue to equal the current financial year 2010-11 in view of the anticipated benefits is still a bit expensive at the moment on the spur of value, not cash or liquidity on the spur of the flower. If the Sensex fell by 18,500 that do not care. But, up next Diwali is sure to touch 26,000 goal. That is why investors  are suggested to buy right stocks at the right sense. Kind of permanent decline in the market only come in the face of political changes by which the central government may become unstable.

There is an off tomorrow and Thursday will begin a series of rollover. Market within just five days to roll the open interest of Rs 1,60,000 crore. So this time, huge ups - and downs and older is expected to spread. We can then be subjected to more carry-over rates. High ups and down or Volatility may drag retail investors because they are not willing to cut deals and settle many sectors, especially banking Long.

Take a point tie knots to hold the best stocks on the cheap sentiment of the market is the last dive. Then this great opportunity will not happen again.

Yours goals should clear and complete understanding of stocks to work.

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Market Collaps On Weak Global Cues

It is difficult to assign precise reasons to the heavy fall in markets, but weak overseas markets may have likely resulted in this sharp fall in Indian markets. Global markets have turned weak likely on the back of concerns of monetary tightening in China and further weakness in some of the European economies.

Asian stocks fell for a third day on speculation that governments in the region will take further steps to cool inflation. Japanese benchmark index Nikkei 225 fell 30.41 points or 0.31% to settle at 9,797.10. Hong Kong's Hang Seng declined 334.16 points, or 1.39%, to close at 23,693. China's Shanghai Composite decreased 119.88 points, or 3.98% to settle at 2,894.54.

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Free Intraday Stock Tips Daily On Mobile

Intraday Stock Tips for 16-Nov'10

Deccan Chronicle Holdings Ltd.
CMP : 134.60
Recommendation : Buy above 136.60 for Target of Rs 140-143 and Stoploss of Rs 132.

Shree Renuka Sugars Ltd.
CMP : 93.90
Recommendation : Buy on dips for target of Rs 95-97.60 and stoploss of Rs 90.50.

Oil And Natural Gas Corporation Ltd.
CMP : 1,316.05
Recommendation : Buy on dips for Target of Rs 1328-1340 and Stoploss of Rs 129.

Rashtriya Chemicals & Fertilizers Ltd.
CMP : 124.55
Recommendation : Buy @ 124-125 for target of Rs 128-130+ and stoploss of Rs 122.

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Futures & Options Tips

Short Term Calls : 

Buy Nifty Future/25-Nov for Target of Rs 6200 and Stoploss of Rs 6050.

Buy Allahabad Bank Future/25-Nov for Target of Rs 278 and Stoploss of Rs 245.

Buy Reliance Power Ltd Future/25 Nov for target of Rs 195 and stoploss of Rs 168

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Market Outlook For Tomorrow (16-Nov)

Markets witnessed a flat opening and gradually picked up momentum as the day progressed, to close in green. On the daily chart we are observing that the upward gap area (20,080 to 20,267 / 6,032 to 6,084) levels which we had mentioned in our previous daily report has act as a support for the markets. Hence in the coming trading session if indices trade convincingly above 20,335 / 6,129 levels then they are likely to test 20,435 - 20,590 / 6,155- 6,189 levels. On the down side 20,105- 20,046 / 6,060- 6,034 may act as support for the day.

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Free Intraday Tips

Intraday Stock Tips for 15-Nov'10

Shree Renuka Sugars Ltd.
CMP : 91.30
Recommendation : Sell below 90 for Target of Rs 88-85 and Stoploss of Rs 93.

Gitanjali Gems Ltd.
CMP : 364.00
Recommendation : Sell below Rs 360 for target of Rs 354-347 and stoploss of Rs 374.

RSWM Ltd.
CMP : 188.50
Recommendation : Buy above 190 for Target of Rs 194-199 and Stoploss of Rs 184.

Patni Computer Systems Ltd.
CMP : 477.35
Recommendation : Buy @ 480 for target of Rs 487-492 and stoploss of Rs 468.

Arvind Ltd.
CMP : 61.95
Recommendation : Buy @ 62.30 for Target of Rs 64-65 and Stoploss of Rs 60.50

India Glycols Ltd.
CMP : 200.35
Recommendation : Buy @ 199-201 for target of Rs 205-209 and stoploss of Rs 195.

Click here To Get more tips on mobile During Market Hours

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Market Trendz For Monday 15-Nov

The recent trends of markets indicate that we may see further lows before entering into consolidation phase. The market breadth has turned to negative after industrial output rising lower than forecast, disappointed the participants caused intensified selling pressure. The Nifty could find immediate support at 6,020 and 5,937. The major resistance would be at 6,210 and 6,244.

Get Nifty Intrday Levels

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European Stocks Slips Amid China Inflation

European stocks slipped as investors speculated that China will raise interest rates within weeks to tackle inflation, which accelerated to the fastest pace in 25 months in October. It posted the biggest weekly decline in six weeks amid renewed concern that some of the region`s most indebted nations will struggle to reduce their budget deficits.

BHP Billiton, the world`s largest mining company, led a retreat among raw-material companies, sinking 2.1%, as the price of copper headed for its largest decline in two weeks. Bulgari SpA sank 4.8% after profit at the world`s third- largest jeweler trailed analysts` estimates.

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Best Stocks To Buy Tomorrow

Intraday Stock Tips For 12-Nov'10

Gitanjali Gems Ltd.

CMP : 381.10
Recommendation : Buy @ 382-383 for Target of Rs 388-393-405 and Stoploss of Rs 375.

Jindal Poly Films Ltd.
CMP : 634.70
Recommendation : Buy above Rs 638 for target of Rs 647-659 and stoploss of Rs 623.

Reliance Power Ltd.
CMP : 188.60
Recommendation : Buy @ 190 for Target of Rs 196-201 and Stoploss of Rs 184.

Hindalco Industries Ltd.
CMP : 234.05
Recommendation : Buy @ Rs 236 for target of Rs 241-247 and stoploss of Rs 231.

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Market Technical Views For Tomorrow (12-Nov)

Today Indian Stock markets opened flat and witnessed selling pressures as the day progressed which lead the indices to close deep in red. On the basis of daily charts and reports we are witnessing that the prices have taken support on the upward Gap Area which was formed in the range of 20,538 -20,605 / 6,182 - 6,199 levels. At present the intermediate trend is still intact and Indices have support at 20,438 - 20,216 / 6,150 - 6,100 levels. Since the Upward Gap area has acted as a support for the markets a bounce up to 20,675- 20,740 / 6,223- 6,240 levels in the coming trading session cannot be ruled out.

Nifty Intraday Levels :  This profit taking is expected to continue with Nifty having support at 6,161 and if it falls below this level then further selling can be seen. On the other hand Nifty has resistance at 6,243 and 6,307 level

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Intraday Trading Ideas For 11-Nov

Bimetal Bearings Ltd.
CMP : 350.30
Recommendation : Buy above 344 for Target of Rs 362-375+ and Stoploss of Rs 332.

V-Guard Industries Ltd.
CMP : 207.90
Recommendation : Buy @ 209 for target of Rs 213-218 and stoploss of Rs 205.

Indian Hotels Company Ltd.
CMP : 106.70
Recommendation : Buy @ 107 for Target of Rs 109-112 and Stoploss of Rs 105.

Tata Global Beverages Ltd.
CMP : 131.80
Recommendation : Buy @ Rs 132.50 for target of Rs 135-138+ and stoploss of Rs 129.

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Nifty Intraday Levels For Tomorrow

Market Outlook For 11-Nov'10 -:

The market today opened on a positive note, however selling pressure pulled the market down. The market has been moving sideways of late and today was not much difference. The undercurrent of the market is strong and the market is in uptrend. The market is likely to get support around 6,000 in the event of correction, while on the other hand resistance may be around 6350 levels.

If indices trade convincingly above 20,984 / 6,311 levels then they are likely to test  21,109 / 6,339 levels or even extend their gains to test the all-time high of  21,207 / 6,357 levels .On the downside, 20,770 - 20,610 / 6,250 - 6,200 levels may act as support for the day.

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Intraday F&O Calls Recommended for 03-Nov

Larsen & Toubro (L&T)
Buy L&T futures above Rs 2,150 for target of Rs 2,165-2,185-2,210 and stop loss of Rs 2,135.

Grasim Industries
Buy Grasim futures above Rs 2,404 for target of Rs 2,424-2,450 and stop loss of Rs 2,385.

Oil & Natural Gas Corporation (ONGC)
Buy ONGC futures above Rs 1,446 for target of Rs 1,462-1,480 and stop loss of Rs 1,430.

Spot Levels:  Day trader can go long on nifty above 6140 with stop loss 6115 for target 6165 / 6190 and can go short below 6090 with stop loss 6115 for target 6065 / 6040.

INDEX RANGE

NIFTY: 6119
Range: 6065-6165
Resistance: 6140-6165-6190
Support: 6090-6065-6040

BANK NIFTY: 12770.90
Range: 12630-12910
Resistance: 12820-12870-12910
Support: 12735-12680-12630

Short term: Down (6130)
Medium term: UP (5930)
Long term: Up (5180)

All Above Spot Levels

Ask if Any Query...

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Stock Trading Ideas, Intraday Calls

Intraday Stock Tips : 03-Nov'10

RCF Ltd.
CMP : 104.25
Recommendation : Buy @ 105.40 for Target of Rs 118-130 and Stoploss of Rs 101.

India Infoline Ltd.
CMP : 122.05
Recommendation : Buy @ Rs 123 for target of Rs 126-128 and stop loss of Rs 120.

Ranbaxy Laboratories Ltd.
CMP : 602.30
Recommendation : Buy @ 606 for Target of Rs 611-620 and Stoploss of Rs 602.

Gitanjali Gems Ltd.
CMP : 304.60
Recommendation : Buy @ Rs 306 for target of Rs 315-323 and stoploss of Rs 302.

ICSA-India Ltd.
CMP : 147.75    
Recommendation : Buy @ 145 for Target of Rs 151-155 and Stoploss of Rs 143.

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Market Prediction For 03-Nov

Today markets opened flat, and traded in a narrow range with extreme choppiness but finally managed to close on a flat note. On the basis of Daily Nifty charts and reports we are witnessing a narrow range body formation which reflects indecisiveness prevailing at current level. We maintain our previous day view that on the upside if indices trade convincingly above 20,452 / 6,150 level then they are likely to test 20,578-20,630 / 6,200-6,220 levels. On the downside 20,167-20,092 / 6,060-6,036 levels may act as support for the day.

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Intraday stock Tips, Pre-market Calls

Intraday Tips For Tues(02-Nov'10)

Ranbaxy Laboratories Ltd.
CMP : 601.60
Recommendation : Buy above 604 for Target of Rs 615-628 and Stoploss of Rs 594.

Shree Renuka Sugars Ltd.
CMP : 94.15
Recommendation : Buy @ Rs 94.60 for target of Rs 97-99.40 and stop loss of Rs 92.50.

Bharti Airtel Ltd.
CMP : 334.15
Recommendation : Buy above 336 for Target of Rs 341-345 and Stoploss of Rs 331.

Punj Lloyd Ltd.
CMP : 122.55
Recommendation : Buy @ Rs 123 for target of Rs 126-128.50 and stop loss of Rs 120

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Market Outlook For Tomorrow(02-Nov)

Nifty was positive the whole day and closed for the day above 6,100. In the next  trading session Nifty is expected to trade in the range 6,095-6,151. Breaching of levels either side may decide the trend. Traders are suggested to take long position if Nifty sustains above 6,151, keeping in view 6,222 is a resistance. Banking stocks along with pharma and auto may trade positive while IT and oil-gas may again face selling pressure.

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