Wait N Watch !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Previous day:

Market closed with a sharp decline and both benchmark indices were deep in red. All the sectors were hit by selling pressure with realty being the leader among the losers. Healthcare closed with slight gains though. Sensex closed at 20315, down 227 points from its previous close, and Nifty closed at 6120, down 66 points.The market breadth was negative with advances at 434 against declines of 867 on the NSE.

Next Day Trading Session:

AS told in early post time to take caution & we saw that market face selling pressure & profit booking at higher levels. For today market NIFTY might face heavy resistance in the range 6161-6191; also it may come down to test 6100 and 6070 levels. Traders are suggested to sell at gains. IT and METALS along with BANKING may face selling pressure WHILE POWER and TELECOM may attract buying.

NO chart for today Live will give on messenger.

Follow up calls:

BEL & aptech has given good return in intraday. Still i m bullish on both counter, Trader are suggested to maintain SL in each & every trade.

http://udaystocks.blogspot.com/2010/10/time-to-take-caution.html

Time to take caution !!!!!!!!!!!!!!!!!!!!!!!!!!

Previous Day:
It was a steady day of trade for the Indian market which posted good gains on the back of buying in most sectors today. Afternoon trade saw some kind of a dip but the market managed to pull back soon after. However, the Nifty failed to hold 6200. Sectors which showed strength today include metals, oil & gas and autos while FMCG and pharma were a bit weak. Sensex shut shop at 20543, up 135 points and Nifty at 6186, up 40 points from the previous close. The market breadth was positive with advances at 822 against declines of 453 on the NSE.
Next Day Trading Session:
Nifty is trading in the range 6130-6230. Breaching of this range either side may decide the trend. Traders are suggested to buyat declines as long as NIFTY is holding 6130. OIL-GAS. AUTO, MIDCAP BANKS may attract more buying.
Stock for Watch:
Aptech : Stock has given nice breakout with volumn. It can touch 195-205 in near term trader can buy with sl of 168.


BEL: Stock trying to breakout, stock has given nice move above 1878 will give smart movement. trader can watch this counter.

HDIL: Stock looking good on chart trader can look this stock can touch 295-300 in intraday also.

Follow up calls:

ORchid & Dena bank met their tgt in very short period http://udaystocks.blogspot.com/2010/09/short-term-correction-is-good-for-long.html

Bank of India , seimens & glenmark given nice retrun in short term still more to come.

http://udaystocks.blogspot.com/2010/09/strong-but-voletile-session-ahead-till.html

SBI & EKC given very good retrun

http://udaystocks.blogspot.com/2010/09/strong-but-voletile-session-ahead-till.html

Sesagoa met his tgt in very term

http://udaystocks.blogspot.com/2010/09/previous-day-it-was-fantastic-start-to.html

Gap up opening is expected !!!!!!!!!!!!!!!!!

Previous Day:

The market witnessed choppy trade today and closed with moderate losses in the end.Throughout the day the market hovered in and out of the green territory but in the last half-an-hour of the trade, it slipped into the red. Sensex closed at 20407, down 68 points from its previous close, and Nifty closed at 6145, down 13 points. The market breadth was positive with advances at 727 against declines of 551 on the NSE.

Next Day trading Session:

At 21k Sensex its time to think ..............

Those people who were talking at 16k for 12k or 10k now same people talking 24k-25k sensex.Its time to follow the level. I feel index will face resitance 20700-21000 .Market is highly bullish but people still think to short caution doesn't means I am bearish on market but in bull market we needs some breath in pause for fresh rally.We advise you to follow a trend & trend is that sensex will face around 20700-21000, I f fall will happen from resistance zone it will be 8%-12% but the correction is so much pain full that left out feeling will occur. Remember if you are from the market will loss the oppurnity. My target for sensex in down side is 19500-18700 roughly where investor will get great chance to buy for next target 22500 -24000.

Keep book your profit & keep your cash under table on every rise. BE stock specific Trade in decipline with SL.

No chart for today as gap up opening is expected.

ADD yahoo id for live market calls.

Uday_Ranawat@yahoo.co.in

choppy session !!!!!!!!!!!!!!!!!!!!!!!!

Previous day:

Market closed flat today with only slight gain in both the prime indices and profit booking is cited as the reason for this somewhat flattish closure. Sensex closed at 20475, up 30 points from its previous close, and Nifty closed at 6159, up 16 point. The market breadth was negative with advances at 584 against declines of 689 on the NSE.

Next trading session:
Nifty if sustained below 6134 may face more selling pressure while above 6200 it may gain good strength.Traders are suggested to buy at dips if NIFTY holds 6134. METALS, PHARMA and BANKING-MIDCAP may attract goodbuying.

Stock for watch

TRF:Stock has given nice movement on yesterday & also volumn is rising can give 10-15% up move buy on cmp or above 955.

Valecha Eng Ltd: After good consolidation stock has given breakout Any move above 200 then stock can touch 220-225 in near term.

Vijiya Bank : Stock has given nice movemet on yesterday, Buy on CMp & decline upto 85 with sl of 81 for tgt 95-97.

Always follow the trend !!!!!!!!!!!!!!!!!!!!!!!!!!!!

Previous Day:
1st day of new month was wonderfull. No one expected such type of rally.On Friday Indain Market closed on a very strong note with the gain of almost 2 % in a single day. The rally is mostly driven by hefty buying from institutional investors and almost all sectors contributed in the rally. Sectors that have performed extra ordinarily include metals and auto. Sensex closed at 20445, up 375 points while Nifty closed at 6143, up 113 points. Market breadth was positive with advance-decline ratio stands at 970:315.
I want to tell one thing to everyone always go with trend & always trade with Stop loss. I have seen many people that after hiting Stoploss they are keep on holding their stocks in a hope, never trade in hope when stop loss hit exit from the stock.Stocks are not your friend or releative, alway go with trend . Hope & Fear are two Enemy of trader.Its general tendency that people are holding stocks in loss. Remember one thing that if your not book small loss then you have book mother of loss.
Next Day Trading Session:
Market has closed on a very bullish note. Traders are suggested to stay long; however, 6060 may act as a strong supportlevel. BANKING, CAPITAL GOODS, METALS and AUTO may continue the run.
Stocks For watch:
Axis bank: Stock has given nice movement on friday.Trader can buy stock 1585 With SL of 1570 tgt 1605-1620.


BajajAuto:Stocks has nice movement one can buy around 1538-1545 with sl of 1495 tgt 1625-1650 in near term.




Gitanjali Gems: Stock making flag formation trader can buy above 252-253 if cross with volumn than give smart movement.


Havels India Ltd:Trader watch this counter on friday its has given nice movement above 835 it can give nice movement.

Kotak bank: Stock making flag formation trader can buy this stock above 506 if it cross with volumn or sustain above 506 can give nice jump in intraday also.

Strong but voletile session ahead till verdict !!!!!!!!!

Previous Day:
Full day we saw fighting between bull & bear but in last hour bull are manage to close indices flat.After choppy day the Indian market closed on a flat note but, more importantly after recovering most of losses from a weak session.,following a late rally.Sell-off was seen in banks and IT but power and capital goods showed strength. Sensex shut shop at 20104, down 12 points and Nifty at 6029, down 6 points from the previous close. The market breadth was negative with advances at 539 against declines of 733 on the NSE.

Next day trading session:
Nifty face resistance around 6050 -6075. if nifty traded above 6075 may attract huge buying.Trader are suggested to take fresh long position. If nifty sustains above 6075.
NIfty can take support of 5990 -5950. Trader can buy on this levels but if nifty break 5920 then avoid any long position.Its not necessary to trade everyday.If market going down buy 10-30points only. Traders are asking me " ab kya lagta hai Correction hai ,short karu kya" .Remember One think that market will not goes in only one direction. We have to understand that market is in 20k levels so 50-60 point down is normal for market. Trade in stock specification & trade with Stoploss.

Stock for Watch:
Siemens Ltd: Yesterday stock has given nice volumn & move .Chart showing nice trend line breakout. Trader & short term invester can watch for this can touch 860-890 in near term.


Glenmark pharma: Yesterday stock has given nice breakout can touch 330-335 in near term.Trader can watch this stock for trading can give good return in intrday also.

Bank Of India:Stock has given nice trend line breakout & flag breakout pattern like we have saw in SBIN same pattern breakout out happen in BOI now. we can see smart movement on this stock can touch 550-590 in near term.

ACC: Stock is making flag pattern and trying to breakout. Trader can watch this stock IF it cross 1030 with volumn then can touch 1070-1090 in near term .

Be stock specific.

Previous Day:
It was a good close for the Indian market today on the back of buying in many sectors, led by metal which was really strong in trade today. Other sectors which saw buying interest were oil & gas, realty and consumer durables. However, there was profit taking in IT which led to volatility in the last hour of the trading session. Sensex shut shop at 20117, up 72 points and Nifty at 6035, up 17 points from the previous close.The market breadth was slightly negative with advances at 602 against declines of 666 on the NSE.
Next day trading session:
Nifty face resistance around 6075 - 6100 Support around 6015 Trader can take long position above 6075. Metals may attract buying .
Stock for watch:
Jswsteel: Chart showing breakout can touch 1450-1500 in 1-2 omnths.