Share Tips For Monday 03-Jan

Welspun Corp Ltd. (Ist TGT Hit)
CMP : 169.60
Recommendation : Buy above 170 for Target of Rs 173-175+ and Stoploss of Rs 166.

Lupin Ltd.(Ist TGT Hit)
CMP : 480.45
Recommendation : Buy above 482 for Target of Rs 488-493 and Stoploss of Rs 475.

Mercator Lines Ltd.
CMP : 58.65
Recommendation : Buy @ 58-59 for target of Rs 60-61 and stoploss of Rs 57.

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Nifty Intraday Outlook For Monday

On the Daily chart, it is expecting that market might see higher-top higher-bottom formation along with a pattern that resembles a double bottom formation suggests that the indices are likely to test higher levels. The projected target for the double bottom formation is around 21,000 / 6,300 levels .We maintain our view that the indices are likely to test 20,890 - 21,000 / 6,250 - 6,300 levels in the next couple of weeks. On the downside, 20,200 - 20,000 / 6,050 - 5,980 levels may act as a support for the week. Traders holding balance 50% position in Nifty Future can trail their stop loss to 5,985 levels.

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Best Stocks To Buy Tomorrow 31-Dec

Dish TV India Ltd.
CMP : 71.10
Recommendation : Buy @ 70-71 for Target of Rs 72.60-74 and Stoploss of Rs 78.50.

Aban Offshore Ltd.
CMP : 814.15
Recommendation : Buy above 810 for target of Rs 822-830 and stoploss of Rs 796.

Chambal Fertilisers & Chemicals Ltd
CMP : 87.75
Recommendation : Buy above 88 for Target of Rs 89.50-91-92 and Stoploss of Rs 86.40.

Mercator Lines Ltd.
CMP : 56.90
Recommendation : Buy on dips for target of Rs 58-59-60 and stoploss of Rs 55

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Share Market For Tomorrow 31-Dec

On the day of F&O Expiry, markets showed healthy notes and traded positively with gains of 133 pts in BSE Sensex and 41.5 pts in NSE Nifty. In coming trading session if indices trade above 20400/6100 levels then they are likely to test 20500-20620/6140-6178 levels. On the downside, 20250-20150/6060-6025 levels may act as supports for the day.

The market is expected to open on a flat to positive note on Intraday Tomorrow. Traders are suggested to trade long if Nifty trades above 6,100, for targets of 6140 and 6170 with a stop loss placed below 6,070 levels.

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Intraday Stock Tips For 30-Dec

Jain Irrigation Systems Ltd. (Ist TGT Hit)
CMP : 208.65 
Recommendation : Buy @ 208-209 for Target of Rs 211-214+ and Stoploss of Rs 205.

Aban Offshore Ltd. (All TGTs Hit)
CMP : 767.65
Recommendation : Buy above 770 for Target of Rs 776-788-807+ and Stoploss of Rs 750.

Welspun Corp Ltd. (Ist TGT Hit)
CMP : 164.70
Recommendation : Sell below 166 for target of Rs 163-160 and stoploss of Rs 169.

Jindal Poly Films Ltd. (Ist TGT Hit)
CMP : 526.75
Recommendation : Sell below 530 for target of Rs 523-515 and stoploss of Rs 537.

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Share Market Forecast For Tomorrow 30-Dec

Indian Markets opened higher and movement on upside was seen in today's trading session. Today markets gained handsome profits and this gains came from primarily banking, metal and FMCG sectors. From the prospects of next trading  session, market may consolidate as the F&O Expiry due tomorrow.

For next trading day if indices trade above 20275/6070 levels then they are expected to touch 20350-20440 / 6096-6130 levels. On the downside if they fails then 20127-20060 / 6025-6000 levels may act as supports for the day.

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Punjab & Sind Bank IPO To List Tomorrow

Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India.

It was oversubscribed by 50.7 times by the retail investors, and 29 times by the Qualified Institutional Buyers.

Punjab & Sind Bank IPO shares will list on Thursday, December 30, 2010. Issue price of this IPO has been fixed at Rs 120/- per share (Rs. 114/- for retail & employee). IPO was oversubscribed by 50.75 times (44.45 times in retail).

IPO Listing Detail are as follows : 

Listing Date : Thursday, December 30, 2010
BSE Scrip Code : 533295
Listing In : ‘B’ Group of Securities
ISIN : INE608A01012
Issue Price : Rs. 120/- Equity Share (Rs. 114/- for retail & employee)
Face Value : Rs. 10.00 Per Equity Share

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Share Tips For Tomorrow 29-Dec

Suzlon Energy Ltd.

CMP : 51.95

Recommendation : Buy @ 51.5-52 for target of Rs 53-54 and stoploss of Rs 50.90.

ITC Ltd. (Profit Booked at 174.50)

CMP : 171.15

Recommendation : Buy above 172 for target of Rs 175-178 and stoploss of Rs 168.

Ajmera Realty & Infra India Ltd. (Ist TGT hit)
CMP : 200
Recommendation : Buy @ Opening Price for target of Rs 204-207+ and stoploss of Rs 196.

Ranbaxy Laboratories Ltd. (Ist TGT hit)
CMP : 588.65
Recommendation : Buy @ OP for target of Rs 594-601 and stoploss of Rs 577.

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Nifty Intraday Levels & Trading Strategy

Today it was absolute flat day for the Indian Stock Markets which traded with no significant gain or loss for both the benchmark indices (Nifty & Sensex).

For next intraday trading, the trend deciding level is 6,010. If Nifty manages to trade above this levels, then rally to 6040-6060-6090 levels may be seen. On the other side if Nifty doesn't show strength to trade above 6010 levels then selling pressure may drag it till 5955-5930 levels.

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Stocks To Buy Tomorrow : Intraday Tips

Wipro Ltd. (Two TGTs Hit)
CMP : 485.05
Recommendation : Buy above 486 for target of Rs 490-495-499 and stoploss of Rs 480.

Dish TV India Ltd. (Marginal Profit Booked)
CMP : 67.80
Recommendation : Buy near 67-68 for target of Rs 70-72 and stoploss of Rs 65.

HCL Infosystems Ltd
CMP : 114.50
Recommendation : Buy @ 114-115 for target of Rs 117-119 and stoploss of Rs 112.50.

Rajesh Exports Ltd. (1st TGT Hit)
CMP : 120.90
Recommendation : Buy above 121 for target of Rs 123-126 and stoploss of Rs 118.50.

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Stock Market Forecast For 28-Dec

Today it was a range-bound start in Indian Stock Markets. Nifty opened on positive note and made high at 6,045.40 levels. Markets traded in a choppy session and closed in red with loss of 45 pts in Sensex and 14 pts in Nifty.

For intraday trading tomorrow, the trend deciding level is 6,000. If Nifty shows strength trade above this levels, then rally to 6025-6050-6090 levels may be seen on the downside if Nifty fails to trade above 6,000 levels then selling pressure may drag it till 5950-5925 levels.

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Markets Intraday Outlook For Monday (27-Dec)

As F&O derivative expiry would take place in the coming week, therefore it is likely expected that market may witness volatile sessions.

For intraday trading on Monday, Nifty is expected to breach the resistance level of 6,025 to may test 6,050-6080. Further, 6,150 is another strong resistance in Nifty. On the downside 5,950-5920 may act as a strong support level for Nifty. Traders are suggested to buy on dips as long as nifty trades above 5,975 level.

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Markets Performance For The Week

Indian Stock Markets bounced back on last trading day after earlier losses. Today markets opened negative amid weak Asian peers and continued to trade in a narrow range till noon. However, the market recovered all its losses and moved up into the positive notes.

This week's performance was average and the stats are:

• Sensex up 1% and Nifty also up 1%.
• CNX Midcap index was up 0.4%,
• BSE Smallcap index up 1.8%,
• BSE Metal index was up 4%,
• BSE IT index up 1.8%,
• BSE Oil & Gas index down 0.5%,
• BSE FMCG index up 1.3%, and
• BSE Auto index up 1.2% over the week.

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Intraday F&O Tips For 24-Dec

Nifty Futures and Bank Nifty Futures Trading Strategies :

Nifty Futures
Sell Nifty Futures below 5,970 for target of 5,945-5,920 and stop loss of above 6,010.

Bank Nifty Futures
Sell Bank Nifty Futures below 11,450 for target of 11,390-11,320 and stop loss of above 11,530.

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Nifty Intraday Levels & Trading Strategy for 24-Dec

Today it was a soften day for the Indian Stock Market which traded within a narrow range bound limit of 25-30 points with low volumes. Markets opened on a subdued note, traded with choppiness in a narrow range and finally closed in red.

On the basis of daily chart and reports, we are witnessing narrow range body formation for two consecutive trading sessions where prices have managed to close above the 5 days EMA. For intraday trading tomorrow, if indices trade convincingly above 20,050 / 6,000 level then they are likely to test 20090-20185 / 6025-6040 level while on the downside if they fails to trade above this levels then 19740-19670 / 5960-5928 levels may act as supports for the day.

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Share Tips For Intraday Tomorrow 23-Dec

Jindal Poly Films Ltd. (Two TGTs Hit)
CMP : 533.25 
Recommendation : Buy near 532-535 for Target of Rs 542-550-560 and Stoploss of Rs 525.

Lupin Ltd.
CMP : 450.05
Recommendation : Buy above 450 for target of Rs 455-459 and stoploss of Rs 446.

Uflex Ltd. (1st TGT Hit)
CMP : 207
Recommendation : Buy @ 207.50-208 for target of Rs 211-214-218 and stoploss of Rs 204.

Aban Offshore Ltd. (1st TGT Hit)
CMP : 744.20
Recommendation : Buy around 744-745 for target of Rs 750-758-765 and stoploss of Rs 732.

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Stock Market Outlook For Tomorrow 23-Dec

Today Indian Stock Markets opened marginally higher and traded in a narrow range throughout the first half of the session. But in the second half, indices gave up some of their recent gains to close in the red. The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow.

In next trading session it is expected that indices may trade in a range of 20150-19910 / 6,050-5,940 levels. For intraday outlook, the trend deciding level is at 6,000. If Nifty shows strength tom trade above 6,000 levels, then rally to 6,050-6,070-6,100 levels may be seen. On the downside if Nifty fails to trade above above 6,000 levels then selling pressure till 5,950-5,900 levels may also be seen.

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Share Market Intraday Tips

Glenmark Pharmaceuticals Ltd. (1st TGT Hit)
CMP : 357.75
Recommendation : Buy above 357 for Target of Rs 363-367 and Stoploss of Rs 352

DLF Ltd. (1st TGT Hit)
CMP : 284.90
Recommendation : Buy above 286 for target of Rs 289-292-295 and stoploss of Rs 281.

Jai Corp Ltd. (1st TGT Hit)
CMP : 218.05
Recommendation : Buy on dips for target of Rs 222-225 and stoploss of Rs 215.

Ashok Leyland Ltd. (Flat)
CMP : 65.95
Recommendation : Buy near 65.50-66 for target of Rs 67-68-69 and stoploss of Rs 64.50.

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Nifty Intraday Levels & Trading Strategy

Today it was a good day in Indian Stock Market. Nifty opened on positive gap up note at 5,960.40 levels and showed good strength throughout the day. By the end of day nifty closed in red with gaining 53.60 points.

For Intraday Tomorrow some momentum strength can be seen, if Nifty trades above 6,010 levels. On an Intraady Basis trend deciding level is at 6,000. If Nifty shows strength to trade above 6,000 levels, then rally to 6,045-6,070-6,110 levels may be seen tomorrow, on the other side if Nifty does not manage to trade above 6,000 levels then selling pressure till 5,960-5,920 levels may also be seen.

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BSE NSE Stock Tips For Intraday Trading

Intraday Stock Tips for 21-Dec'10

Kingfisher Airlines Ltd. (Partial Profit Booked)
CMP : 61.65
Recommendation : Buy near 61-62 for Target of Rs 64-65.70 and Stoploss of Rs 58.75

Wipro Ltd. (All TGTs Hit)
CMP : 478
Recommendation : Buy above 480 for target of Rs 485-488-492 and stoploss of Rs 473.

EIH Ltd. (Loss 0.46%)
CMP : 119.45
Recommendation : Buy @ 119-120 for target of Rs 123-125-128 and stoploss of Rs 116.50.

IDFC Ltd. (1st TGT Hit)
CMP : 174.70
Recommendation : Buy above 175 for target of Rs 179-182 and stoploss of Rs 170.

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Nifty Intraday Levels & Trading Strategy For Tomorrow

Today benchmark indices failed to hold intraday gains and ended on a flat note as traders booked profits near resistance levels. For the coming Intraday trading session if indices trade convincingly above 20,010 / 5,985 levels then they are likely to test 20,100- 20,160 / 6,020- 6,040 levels. On the downside, 19,711 - 19,600 / 5,900- 5,870 levels may act as support for the day.

Traders are advised to trade long if Nifty holds above 5,950 levels with stop loss at 5,920 levels targeting 5,985-6,000 levels. Alternatively, trade short in Nifty below 5,900 levels with a stop loss of 5,920 levels targeting 5,870-5,850 levels.

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MCX Signs MoU With Taiwan Futures Exchange

Multi Commodity Exchange of India (MCX) and the Taiwan Futures Exchange (TAIFEX) have signed a Memorandum of Understanding (MoU) with an aim to develop commodity derivatives markets in India and Taiwan by sharing information and best practices pertaining to product development, business and marketing initiatives, technology, and areas of mutual interest. The MoU is another step towards MCX`s endeavors to integrate with the global commodities ecosystem.

MCX offers commodity futures contracts in bullion, base metals, energy, agricultural and other commodities whereas TAIFEX offers equity and commodity derivatives products. 

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Stock Tips For Intraday Trading

Intraday Stock Tips for 20-Dec'10

Sterlite Technologies Ltd. (TGTs Hit)
CMP : 70.75
Recommendation : Buy @ 71 for Target of Rs 72-73 and Stoploss of Rs 69.50.

Educomp Solutions Ltd. (Two TGTs Hit)
CMP : 513.05
Recommendation : Buy @ 515-516 for target of Rs 521-527-535 and stoploss of Rs 506.

ABG Shipyard Ltd. (All TGTs Hit)
CMP : 387.20
Recommendation : Buy above 390 for target of Rs 394-399-405 and stoploss of Rs 380.

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Stock Market Forecast For Monday 20-Dec

While commenting on Stock Market Forecast for Monday it is expected that market may remain volatile and could consolidate around current levels. However the long term trend is up.

Technically, after yesterday's choppy session, Nifty exhibited a good recovery today and closed above the vital sentimental resistance level of 5,900. On the down side Nifty has tested the lower support of 5,860-65 range and witnessed a good rebound from those levels. On an intraday basis 5998-6033 may act as resistance levels while, 5910-5886 may be the support levels for Nifty On Monday.

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Intraday Nifty Futures Tips for 16-Dec

Nifty Futures
Sell Nifty Futures below 5,870 for target of 5,850-5,830 and stop loss 5,900.

Bank Nifty Futures
Sell Bank Nifty Futures @ 11,320-300 for target of 11,220-11,150 and stop loss of 11,380.

Maruti Suzuki
Sell Maruti Suzuki futures below Rs 1,390 for target of Rs 1,378-1,365-1,350 and stop loss of Rs 1,404.

Bank Of Baroda
Sell Bank Of Baroda futures below Rs 895 for target of Rs 868-850 and stop loss of Rs 900.

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Intraday Share Market Tips For 16-Dec

Jain Irrigation Systems Ltd.(Call Didn't Execute)
CMP : 223.40
Recommendation : Buy above 226 for TGT of Rs 228-230-232 and SL of Rs 220.

IRB Infrastructure Developers Ltd. (Profit booked at 224.70)
CMP : 221.15
Recommendation : Buy @ 222-223 for TGT of Rs 225-228 and SL of Rs 218.

Siemens Ltd. (1st TGT Hit)
CMP : 775
Recommendation : Sell below 772 for TGT of Rs 765-756 and SL of Rs 783.

Mahindra & Mahindra Ltd. (All TGTs Hit)
CMP : 753.15
Recommendation : Sell below 750 for TGT of Rs 744-738-726 and SL of Rs 760.


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Intraday Nifty Outlook For 16-Dec

It was a choppy session for Indian Stock Market which traded negative in almost all sectors. Today Nifty opened on negative note at 5,931.15 levels and after making initial high at 5,942.75 levels, it showed selling pressure throughout the day.

In the coming trading session markets are likely to witness volatility, as RBI will announce the mid term monetary policy. For intraday outlook, the trend deciding level is at 5,900. If Nifty manages to trade above 5,900 levels, then rally to 5,940/5,985 levels may be seen. If Nifty does not show strength above 5,900 levels then selling pressure till 5,850/5,830/5,700 levels may also be seen.

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Intraday Stock Trading Ideas

Intraday Stock Tips for 15-Dec'10

Tata Steel Ltd.(1st TGT Hit)
CMP : 645.50
Recommendation : Buy @ 640 Target of Rs 650-660 and Stoploss of Rs 636.

Uflex Ltd. (Both TGTs Hit)
CMP : 199.75
Recommendation : Buy above 200 for target of Rs 206-211+ and stoploss of Rs 196.

Wipro Ltd. (1st TGT Hit)
CMP : 453.10
Recommendation : Buy @ 450-451 for Target of Rs 458-464 and Stoploss of Rs 448.

Central Bank of India (1st TGT Hit)
CMP : 182.30
Recommendation : Buy @ 183-184 for target of Rs 186-189 and stoploss of Rs 178.

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Nifty Forecast For Tomorrow 15-Dec

It was another good day for Indian Stock Market. Nifty showed strength for third consecutive day and closed in green. Today market gained moderate growth and almost all sectors were traded positive. Today Nifty has moved above the 5,930 mark and closed above it and it is expected to move towards 6,000 and 6,050 which may be next resistance levels, while the support is at 5,902 levels.

For intraday tomorrow, the trend deciding level is at 5,950. If Nifty shows strength above 5,950 levels, then rally to 6,000/6,030/6,065 levels may be seen. On the other hand if Nifty fails to show strength above this levels then selling pressure till 5,910/5,880/5,840 levels may also be seen.

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Stock Tips For Intraday Tomorrow

Intraday Stock Tips for 14-Dec'10

Polaris Software Lab Ltd. (1st TGT Hit)
CMP : 165.30
Recommendation : Buy @ 167 for target of Rs 170-174 and Stoploss of Rs 162.

Welspun Corp Ltd. (All TGTs Hit)
CMP : 164.65
Recommendation : Buy above 165 for target of Rs 167-169-170 and stoploss of Rs 162.

Rajesh Exports Ltd. (Both TGT Hit)
CMP : 112.45
Recommendation : Buy @ 113.5 for target of Rs 115-117 and stoploss of Rs 110.

Uflex Ltd. (Both TGT Hit)
CMP : 181.60
Recommendation : Buy above 183 for target of Rs 187-197+ and stoploss of Rs 176.

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Nifty Intraday Outlook For Tomorrow 14-Dec

It was a very good start in Indian Stock Market. Today market witnessed a good recovery and broken the important resistance level of 5,880 and psychological resistance level of 5,900 too, closed at 5,907.

For Intraday tomorrow Nifty has immediate resistance at 5,930 levels, if it trades above this level then it may seen rally to 6,065, 6090 levels. On the down side support for the Nifty will be at 5,860 and 5,832. As the major technical indicators are still in the negative territory, we may see more volatile movements in the days to come. The market is expected to remain volatile, however long term trend is up. The market is expected to consolidate around current level.

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Intraday Share Market Tips

Intraday Stock Tips for 13-Dec'10

Delta Corp Ltd. (All Targets Hit)
CMP : 92.55
Recommendation : Buy near 91-92 Target of Rs 94-96-99 and Stoploss of Rs 88.

Kingfisher Airlines Ltd. (Both Target Hit)
CMP : 62.45
Recommendation : Buy @ 62.70 for target of Rs 63.50-64 and stoploss of Rs 61.

Lupin Ltd. (1st Target Hit)
CMP : 454.20
Recommendation : Buy @ 457 for target of Rs 463-470 and stoploss of Rs 449.

Jindal Poly Films Ltd.(All Targets Hit)
CMP : 419.10
Recommendation : Buy above 424 Target of Rs 432-440-447+ and Stoploss of Rs 406.

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Outlook On Banking, Realty and Metal Sectors

The underperformance of these sectors is temporary. When the economy is doing well, banking sector should do well. The sector is losing due to news related to scams, loans given against 2G licenses that are facing the heat themselves by some banks etc. The sector is fundamentally good, results too have been positive. Overall, also the Asian banking sector has performed well.

Realty should also perform well in the long-term. Some amount of transparency brought in by appointment of a regulator would work well. There are no negatives for metals, as I see it. It is just a phase. Public sector (PSU) banks, Reliance Industries, Larsen & Toubro and Tata Steel look good at current levels.

Source :  Smart Investors

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Market Technical Views For Monday 13-Dec

For the next trading week market is expected to remain volatile. The undercurrent remains weak. However the long term trend is looking up. The market is expected to consolidate around current levels, and for Nifty around 5,750 levels.

On Monday if Nifty trades above 5,875 then we may see the rally to 5,925 followed by 5,980 maximum. In case if there is gap down then it should hold 5800 levels otherwise it may fall to again 5,750 level.

Intraday Trading Strategy

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Market Expectation In Near Term

I continue to be bullish on growth of Indian Stock Market. The markets should consolidate in the next four five days but can I expect the markets to climb back to the 20,000-level by year-end.

Besides, there are many positives news in favor of the markets such as the GDP growth data, good collection of direct and indirect taxes plus expectations of good corporate earnings in the third quarter.

Some events that will determine the market movement in coming days would include the Union Budget and the fiscal incentives it provides as well as the outcome of all the scams- 2G, realty loans etc.

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Market Ends In Green, Given Hopes To Traders

The markets surged after four successive sessions of weakness. The markets lost substantially for the week and the gains on the last day of the trade didn't make much impact on the weekly figure. For the week, the Sensex and Nifty declined by more than 2 per cent. However, the Nifty managed to close above key technical levels and that has given hopes to many investors.

The numbers are following:

• The Sensex down 2.5% and Nifty down 2.4%.
• The CNX Midcap index was down 5.6%,
• BSE Smallcap index down 9.25%,
• BSE OilGas up 0.8%,
• BSE Realty down 7.15%,
• BSE Consumer Good down 2.4%,
• BSE Bankex down 7.5% over the week.

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Best Stock Tips For Intraday

Mahindra & Mahindra Ltd (Both TGT Hit)
Buy @ 750 for target of Rs 764-772 and stoploss of Rs 740.

Reliance Communications Ltd. (Didn't Execute)
Sell below 119 for target of 117-115 and stoploss of Rs 126.

Hindalco Industries Ltd (SL Triggered)
Sell near 210-211 for target of 207-204-200 and stoploss of Rs 214.

Jindal Poly Films Ltd. (Risky Stock)(Both TGT Hit)
Buy above 400 for target of Rs 412-419+ and stoploss of Rs 387.

Read more>>

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Nifty Forecast For Tomorrow

Nifty continued selling pressure for continuous 4th trading day of the week and closed in red with higher volumes. On downside, Nifty has good support in 5,700-5,750 zone, If Nifty sustains this zone then recovery may be seen on upside. On the other hand, if Nifty could not hold 5,700-5,750 zone then panic selling pressure may be continuing.

For intraday trading, the trend deciding level is at 5,750. If Nifty shows strength above 5,750 levels, then rally to 5,800/5,840/5,900 levels may be seen. If Nifty does not show strength above 5,750 levels then selling pressure till 5,720/5,680/5,650 levels may also be seen.

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Intraday Nifty Futures Tips

Nifty Futures

Sell Nifty Futures below 5,890 for target of 5,865-5,840 and stop loss 5,920.

Bank Nifty Futures

Sell Bank Nifty Futures below 11,440 for target of 11,400-11,340 and stop loss of 11,490.

Bank Of Baroda

Sell Bank Of Baroda futures below 885 for target of Rs 876-860 and stop loss of Rs 898.

Reliance Industries

Sell Reliance Industries futures below Rs 1,012 for target of Rs 1,000-984 and stop loss of Rs 1,028.

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Stock Recommendation For Intraday

Intraday Stock Tips for 09-Dec'10

Moser Baer India Ltd.
CMP : 56.60
Recommendation : Buy @ 57 for Target of Rs 58-59 and Stoploss of Rs 55.80

Hitachi Home & Life Solutions Ltd.
CMP : 203.65
Recommendation : Buy @ 206 for target of Rs 209-212 and stoploss of Rs 201.

IRB Infrastructure Developers Ltd.
CMP : 190.40
Recommendation : Sell near 192-193 Target of Rs 187-184 and Stoploss of Rs 196.

Kingfisher Airlines Ltd.
CMP : 63.85
Recommendation : Sell @ 64-65 for target of Rs 62.50-61 and stoploss of Rs 66.

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Market Forecast For Tomorrow 09-Dec

It was another choppy day for Indian Stock Market, which showed selling pressure in almost sectors, and closed below the vital sentimental support level of 5923. The markets finished lower for the third straight day pointing to a short term weakness.

For intraday tomorrow the benchmark indices suggest that if Nifty manages to trade above 6000 then rally to 6040-5970 can be seen. On the downside if Nifty breaches the level of 5960 then it may drag to 5925-5900 for the day.

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Intraday Nifty Futures Tips

Nifty Futures

Sell Nifty Futures below 5,950 for target of 5,925-5,900 and stop loss 5,980.

Bank Nifty Futures

Sell Bank Nifty Futures below 11,660 for target of 11,600-11,550 and stop loss of 11,725.

ICICI Bank

Sell ICICI Bank futures below 1,110 for target of Rs 1,090-1,075 and stop loss of Rs 1,135.

Housing Development & Infrastructure Ltd

Sell HDIL futures below Rs 198 for target of Rs 195-192 and stop loss of Rs 105.

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Intraday Stock Trading Ideas

Intraday Stock Tips for 08-Dec'10

Jain Irrigation Systems Ltd. (Didn't Execute)
CMP : 238.95
Recommendation : Buy above 241 for Target of Rs 244-247 and Stoploss of Rs 235.

Subex Ltd. (First TGT Hit)
CMP : 76.95
Recommendation : Buy @ 77.50 for target of Rs 79-80 and stoploss of Rs 75.80

Maruti Suzuki India Ltd. (SL Triggered)
CMP : 1,432.40
Recommendation : Buy @ 1436 for Target of Rs 1450-1467 and Stoploss of Rs 1420.

ACC Ltd. (Both Targets Hit)
CMP : 994.30
Recommendation : Buy @ 998-1000 for target of Rs 1008-1020+ and stoploss of Rs 983.

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Market Forecast For Tomorrow 08-Dec

Today Indian stock markets traded in a narrow range with negative bias and finally managed to close in red by loosing 15 pts and 46 pts in Nifty and Sensex respectively.

On the basis of daily charts and nifty reports it is expected that there is no clarity of trend and market may witness narrow range body formation for the next trading session. If indices trade convincingly above 20,020 / 6,000 levels then they are likely to test 20,168- 20,250 / 6,022- 6,050 levels. On the downside, 19,810 -19,740 / 5,940- 5,900 levels may act as support for the day.

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India, An Economic Power House: IMF

Source: Business Standard

MF Managing Director Dominique Strauss-Kahn today described India as a “leading power” and an “economic powerhouse” going by the performance of the economy.

“Your result here in terms of economic growth and also in terms of inclusive growth are really amazing”, he told reporters after a meeting with Finance Minister Pranab Mukherjee.

“We had a very frutiful discussion and relationship between India and the IMF is expanding”, he said on the meeting with Mukherjee.

“India is becoming one of the leading power in the world. It is really an economic powerhouse”, he said.

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Intraday F&O Tips For 07-Dec

Nifty Futures

Sell Nifty Futures below 5,972 for target of 5,950-5,928 and stop loss 5,995.

Bank Nifty Futures

Sell Bank Nifty Futures below 12,045 for target of 11,990-11,900 and stop loss of 12,110.

TCS

Buy Tata Consultancy Services futures above Rs 1,115 for target of Rs 1,125-1,140 and stop loss of Rs 1,102.

Unitech

Sell Unitech futures below 62 for target of Rs 60-58 and stop loss of Rs 63.75

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BSE NSE Intraday Stock Tips

Tata Steel Ltd.
Buy above Rs 638 for target of Rs 644-653 and stop loss of Rs 626.

Rajesh Exports Ltd.
Buy above Rs 120 for target of Rs 122-124 and stop loss of Rs 117.

Sterlite Industries (India) Ltd.
Buy near 171-172 for target of Rs 174.50-177 and stop loss of Rs 168.

DLF
Sell around Rs 305 for target of Rs 300-297 and stop loss of Rs 310.

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Nifty Intraday Levels for 07-Dec

Today Nifty showed some strength, but failed to sustain at higher levels. Nifty has been consolidating in 100 points range and bulls and bears have been indecisive. Directional strength may be seen either above 6,070 levels or below 5,960 level.

For intraday tomorrow, the trend deciding level is at 6,000. If Nifty shows strength above 6,000 levels, then rally to 6,040/6,070/6,140 levels may be seen. If Nifty fails to show strength above 6,000 levels then selling pressure till 5,960/5,900/5,850 levels may also be seen.

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BSE NSE Intraday Tips

Intraday Stock Tips for 06-Dec'10  

Shree Renuka Sugars Ltd.
CMP : 91.15
Recommendation : Buy @ 92 for Target of Rs 93.80-95.50 and Stoploss of Rs 89.50.

Kingfisher Airlines Ltd.
CMP : 71.85
Recommendation : Buy @ 72.60 for target of Rs 74-75.80 and stoploss of Rs 70.

Lupin Ltd.
CMP : 495.95
Recommendation : Buy above 498 for target of Rs 505-511 and stoploss of Rs 490.

Read more>>

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Nifty Intraday Outlook For Mon 06-Dec

After four days of positive run, Nifty exhibited a ranged show today and closed below the vital sentimental support level of 6,000. The breadth of the markets was not strong today as there were no major positives to support the market. Nifty has the main hurdle at 6,065 levels and for the upside to continue it has to move above this level while the supports can be seen at 5,935 levels.

For intraday trading on Monday the benchmark indices suggest that if Nifty manages to trade above 6025 then rally to 6055 / 6080 / 6100 can be seen. On the downside if Nifty fails to trade above this level then 5,960 / 5,935 levels may act as support for the day.

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A Summary On Market For The Week

It was a great week for the Indian Stock Market which saw almost positive trading through-out the week and closed with healthy gains. Almost all sectors showed strength and global cues were firm, too. After being hit the most last week due to negative news of the housing loan scam, the real estate sector managed to rebound and post good gains over this week.

This week's performance was good and the stats are:

• Sensex up 4.5% and Nifty up 4.3%.
• CNX Midcap index was up 3.8%,
• BSE Smallcap index up 3.7%,
• BSE Realty index up 7.8%,
• BSE Bankex up 6.2%,
• BSE Metal index up 5.4%,
• BSE Oil & Gas index up 5.1%; and,
• BSE Auto index up 4.5%.

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NIFTY(SPOT) Immediate Views

CRUCIAL, IMMEDIATE RESISTANCE LEVELS:

R1: 6015-6032 .... 50% RETRACEMENT + PREVIOUS BIGGEST GAP's LOWER POINT

R2: 6092-6100 .... 61.8% RETRACEMENT + PREVIOUS BIGGEST GAP's HIGHER POINT

CRUCIAL, IMMEDIATE SUPPORT:

S1: 5970-5980 .... LOWER END OF THE GAP MADE ON 2nd DEC.

S2: 5916-5938

WEAKNESS IS SEEN ON HOURLY CHART BETWEEN THE RANGE 5970-6032.

WHAT TO DO IN THE MARKET AT CURRENT LEVELS?? :

• TRADE IN STOCKS WHERE THE MOMENTUM IS UP-DOWN.
• AVOID TRADING IN OPERATOR BASED AND SIDEWAYS MOVING STOCKS. PREFERABLY DO INTRA-DAY, BTST OR T+2. AVOID POSITIONAL TRADING........UNTILL NIFTY STAYS ABOVE 5970, STAY BULLISH.

NIFTY TO GO WEAK BELOW 5970-80 AND MAY GET HIT BY PANIC BELOW 5915-38

WHERE TO SHORT??

• IF NIFTY MOVES DOWN FROM 6030.....SHORT STRICTLY BELOW 5970 WITH A STOP ABOVE 6000. ONE CAN ADD TO SHORTS BELOW 5915. AVOID SHORTING AT CURRENT LEVELS.
• IF NIFTY MOVES TOWARDS 6050-6092 AND THEN TURNS DOWN......THEN SHORT BELOW 6015-32 WITH A SL ABOVE 6092. ADD TO SHORTS BELOW 5970. WITH TRAILING SL.

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Stock Tips For Intraday

Intraday Tips For 03-Dec

ABG Shipyard Ltd. (Both TGTs Hit)
Buy @ 430 for target of Rs 440-445+ and stoploss of Rs 481.

Jain Irrigation Systems (1st Tgt Hit)
Buy @ Rs 240 for target of Rs 245-249 and stoploss of Rs 237.

Jindal Poly Films Ltd. (All TGT Hit)
Sell Below 495 for target of Rs 487-480-470 and stoploss of 512.

Tata Consultancy Services Ltd. (Two TGTs Hit)
Buy above 1098 for target of Rs 1107-1112-1123 and stoploss of Rs 1089.

Read more >>

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Intraday Nifty Futures Tips for 03-Dec

Nifty Futures
Buy Nifty Futures Above 6,050 for target of 6,080-6,110 and stop loss 6,025.

Bank Nifty Futures
Buy Bank Nifty Futures Above 12,580 for target of 12,620-12,700 and stop loss of 12,535.

Lupin
Sell Lupin futures around 513-514 for target of Rs 495-485 and stop loss of Rs 525.

GSPL
Buy GSPL futures above Rs 118.50 for target of Rs 122-124 and stop loss of Rs 116.

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Market Forecast For Tomorrow 03-Dec

On the basis of daily chart and Nifty Reports, it is expected that market may witness a narrow range body formation which clearly suggests consolidation of previous rise. For the next intraday trading session if key benchmark indices trade convincingly above 20,090 / 6035 levels then they are likely supposed to test 20,140 - 20,300 / 6,070 - 6120 levels. On the downside, if they could not manage to trade above this levels then 19,917 - 19,680 / 5,980 - 5,920 levels may act as support for the day.

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Market Summary For Today

It was a positive, almost range-bound, day for the Indian Stock Market. The markets registered substantial growth today, however the key indices crossed their respective significant levels more than once. The BSE Sensex ended the day at 19,992, up 142 points from the previous close and NSE Nifty pulled the shutters down at 6011, up 50 points or 0.8%.

A bout of volatility was witnessed as the key benchmark indices regained strength in mid-morning trade on firm Asian stocks. The Sensex moved in a range in early afternoon trade. Gains in index heavyweight Reliance Industries (RIL) helped the key benchmark indices recover from lower level in afternoon trade. The market pared once again pared gains in mid-afternoon trade. The market came off lows in late trade.

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Stock Tips For Intraday Trading

Intraday Stock Tips for 02-Dec'10

Dish TV India Ltd. (Target Hit)
CMP : 73.55
Recommendation : Buy @ 74 for Target of Rs 77-79 and Stoploss of Rs 71.

India Infoline Ltd.
CMP : 88.20
Recommendation : Buy @ 89 for target of Rs 92-94.30 and stoploss of Rs 86.

Uflex Ltd. (Target Hit)
CMP : 262.90
Recommendation : Buy near 265-266 for Target of Rs 270-273-277 and Stoploss of Rs 257.

Tata Motors Ltd. (Target Hit)
CMP : 1,288.15
Recommendation : Buy @ OP for Target of Rs 1300-1312-1325 and Stoploss of Rs 1268.

BHEL............read more

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Intraday F&O Tips For 02-Dec

Nifty Futures
Buy Nifty Futures above 5,925 for target of 6,002-6,028 and stop loss 5,880.

Bank Nifty Futures
Sell Bank Nifty Futures Below 12,300 for target of 12,260-12,220 and stop loss of 12,340.

ICICI Bank
Buy ICICI Bank futures above Rs 1,190 for target of Rs 1,218-1,240 and stop loss of Rs 1,168.

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Market Forecast For Tomorrow 02-Dec

It was consecutive third day of positive trading in Indian Stock Markets. Nifty showed good strength and managed to close above 5950 levels. Nifty Could find short term resistance at 6025-6070 and may face support levels at 5900-5864.

For Intraday concern, trend deciding level is 5940. If Nifty manages to trade above this level, then rally to 6000/6030/6,050 levels can be seen. on the other hand if Nifty fails to show strength above this levels then selling pressure till 5910/5885/5850 levels may also be seen.

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STOCKS TO WATCH TOMORROW

If you see IOC or ONGC at current levels, yes, they have been bounce backing from the 200-day moving average, so one can initiate a trade over here, yes, keeping a stop loss of 1270 and on the upside, yes, ONGC if it clears the resistance of 1325 or 1350 levels, yes, you could see ONGC testing 1375 level, so one can trade with positive bias in IOC as well as in ONGC.

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Intraday F&O Tips For 01-Dec

Nifty Futures
Buy Nifty Futures above 5,920 for TGT of Rs 5,955-5,990 and SL Rs 5,875.

Bank Nifty Futures
Buy Bank Nifty Futures above 12,100 for TGT of Rs 12,155-12,220 and SL of Rs 12,030.

Tata Motors Ltd. Futures/Dec-30
Buy Tata Motors Ltd. Futures above 1250 for TGT of Rs 1288-1305 and SL of Rs 1223

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