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.

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 :-)

Follow the levels!!!!!!!!!!!!!!!!!!!!!!!

Previous Day:

As I was written in yesterday Heading choppy market, It was a somewhat choppy day of trade for the Indian market which gave a closing in the green but after having given up most of its opening gains. The Nifty, however, managed to close above the 5400 mark. Global cues were quiet-to-positive but we witnessed volatility amid a sell-off in infrastructure and IT and news of Direct Tax Code being tabled in the Parliament. Sensex closed at 18032, up 33 points and Nifty closed at 5415, up 6 points from the previous close.The market breadth closed negative with advances at 530 against declines of 747 on the NSE.

Today trading session:
Nothing change in Nifty levels, Levels are same as i yesterday mentioned, In the next session, NIFTY may trade in the range 5390-5461. Traders are suggested to follow the strategy of selling at rise. Below 5390 NIFTY may attract more selling pressure.
METALS and POWER STOCKS may appear strong while REALESTATE and BANKING may face selling at rise.

No chart for today.
Live call will provide on me messenger.

Previous day call:
Apetch has made low 142.35 , 3% return in single day.
Herohonda I feel below 1785 we will see free fall in it. its looking very week on chart.

Chopy Market!!!!!!!

Previous Day:
First day of new F&O series Indian market closed negative with huge selloff in last hour. MIDCAP stocks were weak and sector wise, realty, IT, FMCG and banks ended with losses. Sensex below the 18000 mark though the Nifty just about managed to hold on to the important 5400 level. Sensex shut shop at 17998, down 227 points and Nifty at 5408, down 69 points from the previous close. The market breadth was negative with advances at 299 against declines of 997 on the NSE.

Next Day Trading Session:
IF nifty sustained below 5390 it may test 5290. 5460 may act as a strong resistance level. Traders are suggested to sell at every high as long as NIFTY is trading below 5460 and SENSEX is trading below 18265. REAL ESTATE, METALS and AUTO may face selling pressure while FMCG may attract buying.
For today Nifty take Support 5390 - 5350 - 5290
And Nifty take Resitance aroung 5460-5490-5520
Stock for watch:
Herohonda: Stock looking week on chart one can Short around 1783- 1787 SL 1805 tgt 1725-1700 in near term.


Aptech: Looking week on chart below 147 it can touch 140-138 in 4-5 trading session.

Also watch :
Cairn looking week on chart.

Perious calls
Eicher Motor: Has given 8% return in single day.
Hdil has given good return in day.

Muted session for markets on expiry day !!!!!!!!

Was very much busy in other stuffs,People asking me to update blog on daily basis? So updating blog after a long time.
Previous Market:
The market has ended the August F&O expiry day on a positive note after a range-bound trading session. Opening higher despite flat global cues, the market had pared early morning gains and continued to trade within a fixed range. However, past noon, the market witnessed more volatility but managed to end in the green, Selling pressure over REALITY, AUTO and IT stocks drag the indices down. SENSEX closed at 18226, up 46 points and Nifty at 5477, up 15 points from the previous close. The market breadth was negative with advances at 528 against declines of 739 on the NSE.
The weekly inflation numbers for the week ended August 14 was reported to have dropped. The Primary Articles inflation came in at 14.75% versus 14.85%, on a week-on-week basis, while food inflation fell 10.05% versus 10.35% a week earlier. Food inflation slowed for a second straight week as the government maintained restrictions on the export of farm products to cool prices. Only the fuel group inflation remained unchanged at 12.57%. However, the markets failed to react to a drop in the inflation numbers.
Next Day Trading Session:
In the next session, 5450 may act as a good support level in NIFTY, below which it may test 5410. However, NIFTY is expected to trade in the range 5410-5495. Traders are suggested to follow the strategy of selling at rise as long as NIFTY is trading below 5520.
IT may attract selling pressure while CEMENT and FMCG may attract buying.

Stock for watch:
Crompton Greave Ltd :Huge vol. build up keep watch on this counter for few session as it is tradeline breakout.Buy on dips to 297 with sl 290 for tgt 325-330.

Eicher Motor Ltd:Chart showing long channel breakout with a huge vol. might show 5-8% up side move.

HDIL:Chart showing tradeline break down will get next support at 262.

Ruchi Soya Industries Ltd :Keep eye on this counter huge vol. build up buy on dips.

Be stock specific.....

The market ended near the day's lows, following major losses in oil & gas, metal and banking stocks on the back of weak global cues from Asian and European market. SENSEX closed at 17471, down 143 points and Nifty at 5241, down 47 points from the previous close.

The US markets are closed in green and the Asian markets are also trading at higher. We expect a higher opening on the back of strong global cues.

In today's session Nifty is expected to attract buying at lower levels 5200-5220 and sustaining above 5280 may attract more buying. However 5165 may act as a strong support level while 5300 -5320 are strong resistance zone for the next session.

For now 5150-5390 is a range for market in short term, Only a move below 5150 should be a caution signal for stock specific longs. On other side 5400-5450 is a medium term resistance zone for nifty.

Expect stock specific moves to continue with slow moves on index. Traders are suggested to avoid Leverage and be strict with stoplosses.

Market action can be expected stock specific....

Yesterday Indian Indices closed in green on the back of positive cues from Asian and European markets. Huge buying especially in IT, OIL-GAS and FINANCE SECTOR, resulting in the SENSEX closing at 17614, up 173 points and Nifty at 5289, up 53 points from the previous close.

The US markets are closed in positive and The Asian markets are trading in red zone.

In today's session Nifty may attract buying if traded above 5315-5325 levels. However 5375-5410 may act as a resistance zone. In the lower side 5255 is a strong support for today's session.

Yesterday's pullback can also be considered as bounce from an oversold zone. In market action can be expected stock specific because of result season, Traders are suggested to ride the momentum cautiously.

Range Bound market need to cross levels.....

After a choppy range bound trading session moving just about 50 points in either directions, the Indian Indices closed in negative terrain. Yesterday Sensex closed at 17441, down 19 points and Nifty at 5235, down 1 point from the previous close.

The US markets were shut yesterday on account of Independence day. The Asian markets are trading in weak zone.

In today's trading session 5210-5285 might be the range of Nifty; below 5210 it may test 5180 and if moved above 5285 it may test 5320-5330. However, market is expected to attract buying at lower levels.

Continue to remain range-bound.....

Market faced heavy selling pressure because of weak global cues yesterday, METALS and BANKING-FINANCE faced major sell off. The Nifty managed to close just above the 5250 mark. FMCG, TELECOM and PHARMA attracted buying. SENSEX closed at 17509, down 191 points and Nifty at 5251, down 61 points from the previous close.

The US markets are closed in negative terrain & Asian Indices also not doing well.

In today's session 5120 and 5165 may act as a strong support level for NIFTY while 5290 and 5310 are strong resistance levels. However, NIFTY is expected to trade in the range 5160-5280 in the next session. Traders are suggested to be cautious of short selling if NIFTY successfully holds 5165 level.

For now Indian indices may continue to remain range-bound unless global market cues turn extremely adverse. Continue the strategy of buy on dips and exit on rise of index.

Back with Market view.... :)

Back with Market view.... :)

Yesterday Indian indices outperformed and ignored weak global cues from US and ASIAN market. Huge buying activities in OIL-GAS, FMCG, along with MEDIA sector led SENSEX to close at 17700, up 166 points and Nifty at 5312, up 56 points from the previous close.

The US markets are closed in negative and Asian markets are also trading in red zone,, So we expect a lower opening in Indian Indices.

In today's session Nifty is expected to trade in the range 5280-5380. 5380-5400 is short term resistance zone for Nifty if crosses then big up move expected. At down side 5210 is strong support for Nifty. Traders are suggested to watch levels & follow the strategy of buying at dips. Market view is positive.

ABAN looking good, If sustain above 852-855 then can touch 900-925 in near term.

Technical Problem.

Because of some technical problem blog posts are paused for some days, We will continue updates soon.

Bullish run continue ? ? ?

Huge buying interest over heavy weights took Indian Indices above the resistance line following positive cues from the European markets, Yesterday Indian Indices closed in green SENSEX closed at 17616, up 153 points and Nifty at 5274, up 41 points from the previous close.

The Us markets closed almost flat & The Asian markets are trading rangebound.

In today's session NIFTY may get support at 5230 and expected to continue buying trend. However, it has a resistance around 5315 and expected to test 5335 in the bullish run. Traders are suggested to buy at dip.

Now technically bullish run may be continue till 5400-5450 in short to medium term.

Watch out for Annual general meeting of Reliance Industries Ltd. Expected volatility in Reliance shares.

Trade with strict stop loss.....

Yesterday market traded both side but ended in green. SENSEX closed at 17462, up 50 points and Nifty at 5233, up 11 points from the previous close.

Global cues are flat so we expect almost a flat opening for Indian Indices.

Not much changed, Levels are same as mentioned in previous post. In the today's session, Indian indices may see some profit booking at higher levels. 5260-5280 and 5310 may act as a resistance in NIFTY while 5190 is a good support level. Traders are suggested to trade with strict stop loss. And Investors should wait.

Not any stock view because we have some Internet problem. ( Again RELIANCE :P ).

Be Stock specific......

After a choppy trading session yesterday market closed in green led by rallies in REALTY, PSU, STEEL and FMCG stocks . Sensex closed at 17412, up 74 points and Nifty at 5222, up 24 points from the previous close.

The US markets closed in positive zone, The Dow zones closed at 10404.77, Up by 213.88 points, Nasdaq closed at 2305.88, up by 61.92 points, S&P 500 closed at 1115.23, up by 25.60 points from the previous close.

The Asian markets are trading in green.

In today's session market is expected to attract buying at little dip. However 5190-5150 may act as a good support level; at upper side 5280 and 5310 are resistance levels. Intraday traders are suggested to buy at declines as long as NIFTY trades above 5190.

Market is at resistance zone so be stock specific or wait for dips.

STOCK TO WATCH:

PUNJLLOYD: Buy around 120-121.5 with sl below 116 for tgt 127-130.

Also watch BOMDYEING above 530, and IOB above 104 for a quick movement.

Ride the momentum but with a stop profit strategy....

Yesterday was a good day of trade for the market, METALS, IT and OIL-GAS heavyweights attracted huge buying with positive cues from ASIAN and EUROPEAN market. Indian indices closed on a strong note. SENSEX closed at 17338, up 273 points and Nifty at 5197, up 78 points from the previous close.

The US markets closed with marginal losses. The Asian markets are trading with negative bios.

Market given a good bounce as we mentioned at every dip in our previous posts and also given msgs on yahoo messenger.Now one can ride the momentum for a while more, but with a stop profit strategy in place, because after a speed full bounce a sharp correction is expected.

In today's session Nifty may get a good support near 5140 while upper side resistance is 5225, If it crosses then Nifty can touch 5250-5290 levels. Traders are suggested to buy at dips and ride the momentum.

5190-5200 levels to watch......

On Friday strong IIP number and positive global cues helped Indian Indices to trade positive throughout the day. And Indian Indices closed in green, following buying interest in Oil & gas and Banking stocks. The SENSEX closed at 17064, up 142 points and Nifty at 5119, up 40 points from the previous close.

The US markets closed in positive terrain and the Asian markets are trading in positive so we expect a higher opening for today's session.

In today's session 5190-5200 zone may act as a major resistance for Nifty; if sustained above this level, fresh buying is expected. However, traders are suggested to stay on sell at gains strategy as long as NIFTY is below 5190. 5075 and 5040 are good support levels.

Keep trailing stop loss.....

Positive global cues with continuous buying in Auto, Capital goods & Power stocks took Indina Indices for good gains. And after a positive opening market maintained their up side journey, SENSEX closed at 16922, up 264 points and Nifty at 5078, up 78 points from the previous close.

The US & Asian markets are trading at higher.

In today's session Nifty may face resistance around 51120-5165 levels, while 5045 and 5000 may act as a good support levels. Traders are suggested to stay long only as long as Nifty sustains above 5010-5020 levels, and also remain cautious below 4950 level.

In Short term Nifty may face resistance around 5190-5200, Index traders who bought at lower levels keep booking profit and trailing stop loss.

Volatility remain,,,,, Trade less or Wait for dips......

Yesterday was a volatile session and market not able to sustain at higher levels because of profit booking at up side. Finally INDICES closed with marginal gains. SENSEX closed at 16657, up 40 points and Nifty at 5000, up 13 points from the previous close.

The US markets fail marginally and asian markets are trading mixed.

View is remain same now Buy on dips and Book at higher side, because of volatility traders are suggested to trade less or wait for dips. 4945 (Spot Nifty) is a good support level for Nifty; at higher side 5050-5075 levels may react as resistance level for Nifty. Same strategy Buy at dips and book on rise. Buy Nifty in parts around 5000-4950 and book around 5045-5065.

Bounce back expected ! ! ! !

A flattish opening, range-bound trade and a negative close, Over all experience of Yesterday's market. Weak global cues again put selling pressure over Indian indices and market closed on negative note, Sensex closed at 16617, down 163 points and Nifty at 4987, down 46 points

from the previous close.

In today's session 4945 (NIFTY SPOT) may act as a good support level for NIFTY. If sustains below 4945 NIFTY may face more selling pressure, and at up side resistance levels are 5050 and 5075 levels. Strategy is same Buy at dips and Sell at gains. Buy Nifty around 4950-5010 and Book around 5040-5050 levels.

Metal sector can give a bounce back with market keep watch on TATA STEEL.

Not much to say.....

Yesterday on the back of weak global cues from ASIA, EUROPE and US markets Indian Indices start with a gap-down opening and traded in negative zone and the Indices closed with big losses. SENSEX closed at 16781, down 336 points and Nifty at 5034, down 101 points from the previous close.

The US markets closed in negative terrain and The Asian markets turned positive after a negative opening.

Today a range bound market expected, Nifty may face resistance around 5060-5085 while 4940-4960 may act as a strong support zone. However traders are suggested to follow the strategy of

selling at gains. And Investors can buy Nifty and fundamentally good stocks at dips.

Crucial Week for Market ? ? ?

After a low opening Indian Indices traded in positive territory supported by European markets and closed in positive terrain. SENSEX closed at 17117, up 95 points and Nifty at 5135, up 25 points from the previous close.

Global cues are weak, The US markets closed in negative terrain and the Asian markets are also trading in red zone.

In our last post we mentioned to book profit and also on yahoo messenger given msg- "We advise u to reduce Leverage position near 17200-17250 zone, And dont buy much.. Time to Relax" and Friday was a strong trading day but Nifty failed to cross the crucial level 5150. Now traders are suggested remain cautious of this crucial level. NIFTY may attract selling pressure if failed to sustain above 5150. HOWEVER, 5225 may act as a resistance while 5060-5025 would be a good support level. Traders are suggested to avoid long position as long as NIFTY is trading below 5150.

Week ahead crucial for markets because IIP Numbers, US unemployment data, Monsoon and new announcements from Germany are expected this week.

Opportunity to take partial profit !!!!

After a gap-up opening on the back of strong global cues Indian Indices traded positive through out the day and closed in positive zone. The Sensex closed above 17k level at 17022.33, up by 280.49 points and Nifty closed above 5100 level at 5110.50, up y 90.65 points from the previous close.

The US markets closed flat and The asian markets are trading marginally down.

When Nifty makes a low around 4786 and Snesex at 15960, we mentioned "

Start accumulating....."

and its time to Invest and we expect a bounce back and Sensex now at 17k+ and Nifty above 5100 :).... If you Bought Nifty at lower levels then should book profit now.

Closing above 5100 level is a strong sign for market, Now Nifty (Spot) can take support around 5075 and 5040 levels while 5140-5165 are resistance zone for Nifty. Nifty may trade between 5040-5165 range. Last trading day of the week, so it may make sense to take partial profit and stay light, Traders are suggested to book partial profit at higher levels and Buy at dips. Auto & Banking sector expected to remain bullish.

Range bound market, Waiting for direction........

Yesterday Ignoring weak global cues Indian Indices traded in range bound and gave an upside movement in the final hour of the session with huge buying activity over TELECOM, CEMENT and AUTO SECTOR. SENSEX closed at 16741, up 169 points and Nifty at 5019, up 49 points from the previous close.

The US Stocks rallied and closed in positive terrain, The Dow jones closed at 10249.54, up by 225.52 points, Nasdaq closed at 2281.07, up by 58.74 points, S&P 500 closed at 1098.38, up by 27.67 points from the previous close.

Now 4945 is strong support for Nifty and at upper side it may take resistance around 5080, Nifty is expected to trade in 4945-5080 range. If Nifty sustain above 5080 then it can touch 5135-5175, otherwise we expect selling pressure around this level. Traders are suggested to book profit at higher levels, and buy on dips with strict stoplosses. Investors can look for fundamentally strong stocks at dips. Monssons on time will further help for Indian market.

STOCK for Watch:

BHARTI AIRTEL if sustain above 275 then it can touch 285-295 in near term.

TCS watch for quick movement.

VIJAYA Bank looking good for short term.

Global Cues decide the trend ? ? ?

On the back of weak global cues yesterday Indian Indices faced heavy selling pressure over heavyweights in METALS, REALITY and BANKING stocks, which led Indian indices to close with huge, loses. SENSEX closed at 16572, down 372 points and Nifty at 4970, down 116 points from the previous close. Yesterday Sensex low was 16318 because of a freak trade in Index heavyweight Reliance Industries Ltd.

The US market closed weak, The Dow jones closed at 10024.02, down by 112.61 points, Nasdaq closeda at 2222.33 down by 34.71 points, S&P 500 closed at 1070.71 down by 18.70 points the previous close.

The Asian markets are trading mixed.

In today's session Nifty may take support around 4945 and 4900 levels, and at up side Resistance around 5005-50025. Traders are suggested to follow the strategy of selling at gains. BANKING and FINANCE along with METAL stocks may face heavy selling pressure. ENERGY and CAPITAL GOODS stocks may show some strength. Global cues will decide the trend, take caution until there appears to be some clarity over Eurozone crisis and the china factor.

Trail stop losses.....

Yesterday Indian market started with selling pressure but later GDP numbers announcement which was matched with the expectations pulled market at higher levels and after a volatile session market closed near the day's high with marginal gains. SENSEX closed at 16944, up 81 points, and nifty at 5086, up 19 points from the previous close.

The Asian markets are trading weak.

In today's session Nifty is expected to trade in 5000-5120 range. Short term Resistance for Nifty is around 5085-5100. Traders are suggested sell at gains as long as Nifty is trading below 5135.

Investors are suggested to book profits at higher levels and trail stop losses and Buy again on dips.

Stock for watch:

IFCI looking good for shor term.

Hero Honda above 1950 can give a quick move.

Andhra Bank if crosses above 139 can give a sharp up move.

GDP data today....

Friday Indian indices traded positive on the back of strong global cues, REALITY and METALS attracted major buying interest, with other heavy weights. SENSEX closed at 16863, up 196 points and Nifty at 5066, up 63 points from the previous close.

The US market closed in negative terrain the Dow jones closed at 10136.63, down by 122.36 points, Nasdaq closed at 2257.04, down by 20.64 points, S&P 500 closed at 1089.41, down by 13.64 points from the previous close.

The Asian market trading in negative zone.

Today is announcement of the fourth quarter GDP data, that could influence the immediate market trend. In today's session we expect NIFTY to trade in a range 5000-5120. NIFTY breaking levels either side may decide the trend. REALITY and BANKING may attract further buying. Traders are suggested to buy at declines.

Index need heavy weight support......

Yesterday the market saw a good run-up on the expiry day of the F&O May series and in all on the back of positive global cues Indian Indices closed in positive note. Sensex closed at 16666, up 278 points and Nifty closed above the psychological resistance of 5000 mark, at 5003, up 85 points from the previous close.

The US market closed around days high, The Dow jones closed at 10258.99, up by 284.54 points, Nasdaq closed at 2277.68, up by 81.80 points, S&P500 closed at 1103.06, up by 35.11 points from the previous close.

The Asian market are trading with positive note.

Today's market may open at higher levels on the back of Strong global cues as the US market closed at day's high & Asian markets are trading at higher. In Nifty 5075 and 5115 may react as a resistance, while down side it may take support around 4950-4970. Traders are suggested to buy at declines. BANKING and AUTO STOCKS are expected to attract major buying interest. Heavy weight like Reliance Industries to breakout of the range for market strength, till than market may move in range bound. Metals and Banking stocks looking good for short to medium term.

Stock for Watch:

Bank of Baroda: Above 720 if sustain then can touch 735-740 in near term.

Jyothy Lab: Buy around 194-196 with sl below 187 for tgt 225-235 in short term.

ITC: If sustain above 275 then can touch 285-290 in short term.