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.

Always follow the trend !!!!!!

Previous Day:
Friday Indian market attracted huge buyingin BANKING, FMCG, REALITY and TELECOM.SENSEX closed at 20045, up 184 points and Nifty at6018, up 58 points from the previous close. The market breadth was positive withadvances at 895 against declines of 392 on the NSE.
It was a Great week for the Indian market which, save for a couple of days of consolidation, looked strong following huge inflows of FIIs. Nifty and Sensex close above the important levels of 6000 and 20000, respectively.
In the next session :
NIFTY if traded above 6050 may attract huge buying. Traders are suggested to take fresh long position, if NIFTY sustains above 6050. BANKING along with AUTO SECTOR may attract buying.
Stock for Watch:
Sbi: Stock has making same pattern which was made in 2890 levels. Stock facing resitance around 3166 , I feel if stock cross 3166-3168 than can give jump of 3-5%.



EKC: Stock has given nice movement on friday looking nice on chart can touch 335-339 in near term.




Also Watch:
DLF Above 367 can touch 380 in 1-2 session.
Aban Can touch 890.

DO your own research before investement.

short term correction is good for long term.

Previous Day:

The Indian market closed a second down day of trade with moderate losses after another bout of profit booking. Global cues were not very supportive either with both Asia and Europe down. And also market based on sentiments & fear of Verdict on Ayodhya Case & atlast verdict prosponed for next week, SO i must say voletile move continue next week. Banks came in for a bit of a thrashing while some real estate, telecom and metal stocks were weak, too. Autos managed to provide some support to the indices and helped the Nifty stay above the 5950 mark. Sensex shut shop at 19861, down 80 points and Nifty at 5959, down 31 points from the previous close. The market breadth was negative with advances at 544 against declines of 731 on the NSE.
Next day trading session:
NIFTY is expected to test 5900 level, thereafter it may trade in a range. 5866 may act as a strong support level. INTRADAY-TRADERS are suggested to be cautious of long positions if traded below sustained 5930. BANKING, REAL ESTATE and CEMENTS may face selling pressure while FMCG, PHARMA and ENGINEERING STOCKS may attract buying.



Stock For Watch :

Orchid Chem: Buy above 210-211 if it cross with vol. than it can to uch 225-230 in near term.




Dena bank: buy around 105-106 with of 103 tgt 113-115

Trade Safe !!!!!!!!!!!!!!!!!!!

Previous day:
After 10 days of a bull run, the Indian market took a breather and came in for a bout of profit taking. After some choppiness it, however, managed to come off the lows of the day and close with small losses. Sectors that were weak today included capital goods, infrastructure and IT while those that provided good support were banking and financials plus auto. Sensex shut shop at 19941, down 59 points and Nifty at 5991, down 18 points from the previous close. The market breadth was negative with advances at 422 against declines of 866 on the NSE.
Next day trading session:
NIFTY is expected to trade in the range 5945-6045. REAL-ESTATE, CEMENTS and METALS STOCKS may face selling while PHARMA and FMCG may attract buying in the next session. For the next session traders aresuggested to sell at rise as long as NIFTY is trading below 6045.
For today NIfty support 5945 & 5900 Resistance around 6022-6040.

Stock for watch:
Sbi: Looking good on chart trader can on dip With sl of below 3120 tgt 3225-3250.


Gitanjali gem: stocks can touch 250 in near term.

Gap opening 6000+ nfity execpetd

PREVIOUS DAY :
It was a fantastic start to the week for the Indian market with a 95 point rally on the Nifty. Strong buying in most sectors, led by FMCG, financials, telecom and followed by oil & gas, metal, cement, saw our market rally all through to close with huge gains and at the highs of the day. Sensex shut shop at 19906, up 311 points and Nifty at 5980, up 95 points from the previous close. The market breadth was positive with advances at 790 against declines of 497 on the NSE.
NEXT DAY TRADING :
As I told in earlier post that if Nifty was sustain above 5900 than can test 6000, & we saw that Nifty has touch 5988 in spot. now trader has to be very caustion while carry long position because market is clearly over bought level,However despite the fact that market seem to be an over bought zone, but historical data suggest that it is the tendency of market to remain going in this zone fair length of time.At the time of 18400 level many reader asked me or told me that " Ab to market bhut bad gaya hai short karna chahiye, yaha se niche aayega" I simply told him my level's that if mkt sustain above 18600 than can touch 20000 -20500. Now my view is that that trader start generate cash around 20200-20500, & don't carry over position be stock specific & tarde in decispline with Stpo loss..

For today session, Nifty is expected to continue the buying trend traders are suggested buy at dip up to 5965 may acts as strong support for today.
For today nift face resistance around 6000-6050 support 5965-5930.

Stock for watch :
Sesagoa: Stock looking good on chart & showing some srength can touch 355 -360 in neart term.

http://udaystocks.blogspot.com/
Live call will give on Yahoo messnger uday_ranawat@yahoo.co.in

Nifty will cross 5900 or Not????

Previous day:

It was a wonderful day & great end to strong week for the Indian market, yesterday Global cues provide good support after gap up opening, Our market showing strength some back of intense buying across the board.Sensex shut shop at 19594, up 177 points and Nifty at 5884, up 56 points from the previous close.The market breadth was positive with advances at 899 against declines of 388 on the NSE.

Next day trading session:

As i mentioned in early post if Nifty able to sustain above 5900-5910 than some good movement will come, but as we have seen yesterday & day before yesterday nifty facing some selling on that level's.

Trader are suggested to take fresh long position only if NIfty susstain above 5900.If nifty sustain above 5900 level than can test 6000 in near term.Some bullish trend in pharma & telecom.

For today nifty has support around 5865- 5840 & resistance around 5905-5950.

Stocks for Watch:

No chart for today.

Watch aban above 856 if cross with volumn than give smart movement.

Ambuja cement

Andhra bank

Orchid chemical

Lichousing

Titan

All stocks show bullish trend.

Live call will provide on yahoo messenger

http://udaystocks.blogspot.com/

Trade with SL & be stock specific

Previous Day:
It was an interesting day of trade for the Indian market which opened gap-up in what looked to be an eight straight day of rally. However, profit booking in the second half of the session in technology, telecom, metal and select power companies including heavyweight RIL, saw the market erase most of its early morning gains and then close in the red. However, the Nifty managed to briefly cross the 5900 mark, for the first time since January 17, 2008. Global cues were quiet-to-flat today. Sensex shut shop at 19417, down 84 points and Nifty at 5828, down 32 points from the previous close. The market breadth was negative with advances at 352 against declines of 936 on the NSE.
In the next session
NIFTY if sustained below 5800, it may face correction up to 5650. However, 5900-5910 may act as astrong resistance level. Traders are suggested to avoid fresh long position, if NIFTY trades below this range. BANKING andMETALS are expected to face major correction while AUTO and IT may stay strong.

Stock for watch:
DLF: stock has given good breakout can touch 380-400 in near term one can buy SL of 330 (closing basis)

LT : if stock cross 1951 with vol than can touch 2150-2200 in near term.

ALso watch:
Apil
Aptech
Sunpharma

can give smart movement.

Be stock specific !!!!!!!!!!!!!!!!!!!!!!1

Previous day:
It was a flat day of trade for the Indian market which, barring some intra-day volatility, looked quiet though positive. Sectors like IT and cement showed strength but a few index heavyweights were soft today. However, the Nifty managed to hold on to the important psychological level of 5600. Sensex shut shop at 18666, up 21 points and Nifty at 5607, up 3 points from the previous close. The market breadth was positive with advances at 706 against declines of 575 on the NSE.
Next Day Trading Session:
NIFTY is expected to trade with the support 5570, if sustained above 5625 it may touch 5700. Banking stocks might play important role in case it attains bullish mode. Traders are suggested to buy at dips as long as NIFTY holds5570. IT and PHARMA may stay strong while REAL-ESTATE, FMCG and CAPITAL GOODS may face selling.
http://www.udaystocks.blogspot.com/

Stock for watch:
Britannia Industries Ltd : Yesterday stock given good movement with volumn. stock can touch 525-530 in near term. trader can buy for short term.



Yesterday call:
Coreproject has given good move yesterday can touch 310 in near term.
http://www.udaystocks.blogspot.com/

Nifty 5750-5800 ?????

Previous Day:
It was a good day for the Indian market which saw the Nifty close above the important level of 5600 mark. Global cues were sideways with the US markets closed on account of Labor Day and Asia trading flat and choppy. Europe too is trading lower. In today's session cement stocks outperformed, followed by metals, telecom and auto. However, financials, realty and FMCG saw selling pressure. Sensex shut shop at 18645, up 85 points and Nifty at 5604, up 27 points from the previous close. The market breadth was positive with advances at 726 against declines of 552 on the NSE.


Next day trading :
NIfty has given trade line breakout, now its interesting to see market goes in which side whether,Nifty will touch 5750-5800 in near term or its false breakout to trape bull.
For today market nifty range is 5570-5650, Nifty will face resistance around 5622 if cross than it touch 5650,in down side 5570 may acts good support for nifty. If Nifty traded below 5570 than face selling pressure & expected to test 5510 than 5470 levels. Banking stock may face some selling pressure. Reality also looking week while Auto & IT may attract buying.

Stock for watch:
Balrampur Chini: Stock looking good on chart if cross & sustain above 91 than can touch 97-99 in near term. Trader can buy above 91 with 87.5 for tgt 97-99.




Century Text: Chart looking very good, If stock cross & sustain above 526-528 than will give smart movement 8-10% retrun in near term.


Core project: Stock looking nice on chart if cross 288 with volum than we will see very good movemnet. Trader can keep eye on this stock.


Godrej Ind : Stock has given weekly breakout on chart trader can buy on cmp or buy more on dip upto 220 maintain SL of 205 tgt 275-290 in 15-20 trading session.


Megasoft Ltd: Stock has given nice breakout can touch 48-50 in near term.


Ratnamani Met & Tub Ltd: Stock has given nice breakout can touch 148-150 in near term.
Trader can buy this stock.

Also watch:
Grasim & LT
Gujrat NRE coke if cross 67 & sustain than can touch 73-75 i near term.rane brake if cross 130 can give 10-15% return
Sreiinfrastructure above 97 can give good move.

Follow trend!!!!!!!

Previous Day:
It was a cheerful start to the week for the Indian market which, in keeping with positive global sentiments, traded with strength and ended with huge gains with the Nifty closing at a 31-month high. The rally was led by the metal pack which saw strong buying interest followed by realty, financial, oil & gas and auto. Today's session saw the biggest point gain on the Sensex since May 26, 2010, according to NDTV Profit. Sensex shut shop at 18560, up 338 points and Nifty at 5576, up 97 points from the previous close. The market breadth was positive with advances at 989 against declines of 292 on the NSE.

Next Day Trading Session:
In the next session NIFTY is expected to trade in the range 5520-5610. However, 5480 might act as strong support level forNIFTY. Traders are suggested to buy at dips. Banking stocks may attract buying again. Auto and reality may also appearstrong while PHARMA and FMCG may face selling.



Stock for watch:

Icici bank: Stock looking good on chart, can touch 1100-1120 in near term. Buy with SL of 1000.

Escort: buy with sl of below 208 tgt 227-233

Also watch:

Everonn education ltd

Everest industries ltd

Stocks Can give good movement.

NIFty range for today 5420-5500

Perivious day action:
It was a good day of trade for the Indian market which closed with broad gains on the back of buying interest in almost all sectors following supportive global cues. After two days of profit booking, buying was seen in smallcap and midcap stocks and today's gainers in trade were telecom, metals and real estate. Sensex shut shop at 18205, up 234 points and Nifty at 5471, up 69 points from the previous close.
Next day trading sessions:
In the next session NIFTY is expected to trade in the range 5420-5500. If sustained above 5500 NIFTY might attract morebuying. METALS, ENERGY and TELECOM STOCKS may continue buying trend while FMCG and CEMENT may face selling.
Stock for watch:
Jswsteel : stock showing triangle breakout can touch 1200-1220 in near term maintain SL of rs 1130















Acc looking good on chart can touch 900 level.

Previous calls:
Aptech & Ster has met their tgt in single day.
Herohonda exit.

Previous day:
It was a weak day for our market which, on the back of negative cues from its global peers, traded choppy and in the red through the day. Profit booking was seen in most sectors, especially infrastructure and real estate. Auto, however, saw some buying interest. But a late surge helped our Nifty close just above the 5400 mark and with small cuts. Sensex shut shop at 17971, down 60 points and Nifty at 5402, down 13 points from the previous close.The market breadth was negative with advances at 341 against declines of 955 on the NSE.

Next day trading session:
In the next session, NIFTY may trade in the range 5350-5450. Traders are suggested to follow the strategy of selling at rise. If NIFTY sustained below 5347 huge sell off is expected. AUTO stocks may show some strength, METALS may also attractbuying. CAPITAL GOODS STOCKS might face selling pressure. BANKING may also face selling at higher levels.
For Shorter in Nifty maintain SL of 5462

No charts for today: Live call will provide on yahoo messenger.

Stock for watch:
Andhra Bank : Stocks is on its support level, it can give 2-3% bounce from this level.
Bhel: Stock looking week on chart can touch 2375-2350 in near term.
HEROHONDA: Short call given on 30th aug 2010, @ 1783 achived our tgt 1700 in 2 trading session :-) After making a low of 1669.9 we saw sharp up move in the stock which create possiblity stock will touch 1840-1850 in 2-3 session.
Trader can look in this stock for quicky move upto 1840-1850+..
Ster: Stock looking in oversold zone, my view on this stock is can give a sharp movement 2-3% up side at any time.
Trader can buy on cmp with SL of 147 for tgt 156-160.

Previous calls:
Aptech, Herohonda, Hdil, Eicher Motor ALL Call met their tgt with in 3 trading sessions
Cheeerssssssssssssssssssssss :-)