Wednesday, February 29, 2012
Tomorrow's possible range of Nifty Future: 5340 - 5520
Nifty looks +ve on charts. Another wide spread move is possible in Nifty. Uncovered shorts will be covered tomorrow above 5400. If Nifty opens gap-up above 5400 and sustains above it for first half an hour, then it will be non-stop to 5450. Any minor correction should be bought. Nifty made a good comeback after a big sell off, that suggests this is a buy in dip market.
Tomorrow's possible range of Bank Nifty Future: 10340 - 10750
Tomorrow's possible range of Bank Nifty Future: 10340 - 10750
Bank Nifty made roaring come back.As I told in yesterday's post to buy only. God should save people who shorted the Banks.
Bank Nifty looks very +ve on charts. Buy Banks as much as you can. Another widespread move is expected in Bank Nifty. Any decline should be bought. If Bank nifty open gap up above 10500 and stays above 10500 for half an hour then big move is expected. Even 10850 is also possible. This can be positional target.
Bank Nifty looks very +ve on charts. Buy Banks as much as you can. Another widespread move is expected in Bank Nifty. Any decline should be bought. If Bank nifty open gap up above 10500 and stays above 10500 for half an hour then big move is expected. Even 10850 is also possible. This can be positional target.
Stock Recommendations:
SBI: Buy SBI around 2200-2215 T1 2275 T2 2300 T3 2320 SL below 2194.
As I told SBI bounced from 2120 levels. Positional targets are much higher.
Axis Bank: I hope you enjoyed gains in Axis Bank also. I did mentioned in the yesterdays post that one can buy Axis Bank at current levels. So enjoy the gains. For tomorrow: Buy Axis Bank around 1170-1180 T1 1200 T2 1230 T3 1250 SL below 1150. You can keep you're SL with you're risk apatite. Even one can hold it for positional targets and targets are much higher.
ICICI Bank: Buy ICICIBank around 907-915 T1 930 T2 940 T3 950 SL below 900
As I told SBI bounced from 2120 levels. Positional targets are much higher.
Axis Bank: I hope you enjoyed gains in Axis Bank also. I did mentioned in the yesterdays post that one can buy Axis Bank at current levels. So enjoy the gains. For tomorrow: Buy Axis Bank around 1170-1180 T1 1200 T2 1230 T3 1250 SL below 1150. You can keep you're SL with you're risk apatite. Even one can hold it for positional targets and targets are much higher.
ICICI Bank: Buy ICICIBank around 907-915 T1 930 T2 940 T3 950 SL below 900
Coal India: I hope you enjoyed profits in Coal India.
Buy Coal India around 330 T1 335 T2 340 SL 326
Buy Coal India around 330 T1 335 T2 340 SL 326
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy STC India around 245-250 T1 260 T2 267 SL 235 (This looks +ve on charts and this can be held for positional targets of 300+ also)
One can keep eye on Indiabulls, targets can be 235-240 SL as per you're buying price and risk appetite.
Investment Call: Holding period 2-4 weeks, one can buy HDIL above 115. for the target of 135 and 150. SL below 103
Buy STC India around 245-250 T1 260 T2 267 SL 235 (This looks +ve on charts and this can be held for positional targets of 300+ also)
One can keep eye on Indiabulls, targets can be 235-240 SL as per you're buying price and risk appetite.
Investment Call: Holding period 2-4 weeks, one can buy HDIL above 115. for the target of 135 and 150. SL below 103
Happy Trading :)
Wednesday, February 29, 2012 0 Comments
Tuesday, February 28, 2012
Tomorrow's possible range of Nifty Future: 5200 - 5400
Recap: As 5400 level was very important it saw huge sell from from this levels. Actually we interpreted Friday's volumes as accumulation by the smart money, but actually was turned out to be distribution by the smart money.
For Tomorrow: Nifty may go another 50-100 points downside from current levels. I would suggest to wait for one-two days and how market reacts now. If market reaches the 5200-5175 levels one can think of buying at this level with 30-50 points SL. This would be for positional traders. There is cash market buying from FII's.
Tomorrow's possible range of Bank Nifty Future: 9920-10350
For Tomorrow: Nifty may go another 50-100 points downside from current levels. I would suggest to wait for one-two days and how market reacts now. If market reaches the 5200-5175 levels one can think of buying at this level with 30-50 points SL. This would be for positional traders. There is cash market buying from FII's.
Tomorrow's possible range of Bank Nifty Future: 9920-10350
Bank Nifty also may go further downside till 9900-9860 levels. But, this levels should be used to accumulate/buy Banking stocks. Lets wait for one-two days. Don't short at this levels. One can think of buying only.
Stock Recommendations:
SBI: For SBI 2100-2085-2050 levels are important. One can buying at these levels. Today it reached 2130-2120. This can be for positional traders.
*Axis Bank: Axis Bank is at very important levels now. One can think of buying at the current levels. This is also for positional traders. 1115 is 200 DMA for Axis and less downside left in this counter. It may trade in very tight range tomorrow. If it slides, then it may go to 1075-1080 levels. This is also a buy zone.
ICICI Bank: Hold ICICI Bank accumulated around 900 levels.
*Axis Bank: Axis Bank is at very important levels now. One can think of buying at the current levels. This is also for positional traders. 1115 is 200 DMA for Axis and less downside left in this counter. It may trade in very tight range tomorrow. If it slides, then it may go to 1075-1080 levels. This is also a buy zone.
ICICI Bank: Hold ICICI Bank accumulated around 900 levels.
Coal India: Neutral. If Market open higher then one can think of buying around 323 with SL 318.
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy ABGShip around 405-406 T1 412 T2 415 T3 420 SL below 401
Buy ABGShip around 405-406 T1 412 T2 415 T3 420 SL below 401
Happy Trading :)
Tuesday, February 28, 2012 0 Comments
Sunday, February 26, 2012
Recap: Market was down, but SBI, Axis Bank were traded my levels.
Tomorrow's possible range of Nifty Future: 5379 - 5500
Nifty is in interesting levels now. Actually, Nifty support at 5400 levels. Friday Nifty clocked good volumes. This may be accumulation by smart money. As FII's pumped good amount of money this year, they will not leave easily. So If market opens higher one can go long, If its open lower then wait and take positions.
My suggestion is to go long only.
FII's are still buying in cash market.
Tomorrow's possible range of Bank Nifty Future: 10330-10850
My suggestion is to go long only.
FII's are still buying in cash market.
Tomorrow's possible range of Bank Nifty Future: 10330-10850
For Bank Nifty 10340-10320 levels are very strong support. One can go long around 10350 levels with SL below 10300. My gut feeling is that, Bank Nifty will bounce from the current levels.
Stock Recommendations:
SBI: For SBI 2170-2155 levels are very important. If it breaks below this levels even 2130-2120 is possible. But, Don't short this counter.
How to trade SBI tomorrow: If market opens -ve then SBI will slide to 2170-2160 levels. One can go long around 2180-2170 levels. If still it slides to 2130-2120 levels then again one can average positions. This strategy is for positional traders.
For Intraday: If SBI opens +ve or flat one go long with SL below 2195. Book profits whenever you see it. Tomorrow it can trade in tight range.
Axis Bank: If Axis Bank opens +ve then, Buy Axis Bank around 1180-1190 T1 1220 T2 1240 T3 1260 SL 1175
If Axis Bank opens -ve then, Buy around 1160-1150 levels. Book profits when you see it.
ICICI Bank: One can accumulate ICICI Bank near to 900-905 levels.
How to trade SBI tomorrow: If market opens -ve then SBI will slide to 2170-2160 levels. One can go long around 2180-2170 levels. If still it slides to 2130-2120 levels then again one can average positions. This strategy is for positional traders.
For Intraday: If SBI opens +ve or flat one go long with SL below 2195. Book profits whenever you see it. Tomorrow it can trade in tight range.
Axis Bank: If Axis Bank opens +ve then, Buy Axis Bank around 1180-1190 T1 1220 T2 1240 T3 1260 SL 1175
If Axis Bank opens -ve then, Buy around 1160-1150 levels. Book profits when you see it.
ICICI Bank: One can accumulate ICICI Bank near to 900-905 levels.
Coal India: Buy around 327-326 T1 330 T2 334 SL below 320
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Sell Sesa Goa below 226 T1 220 T2 215 T3 210 Even 200 and 196 can be possible. SL above 231.
Sell Sesa Goa below 226 T1 220 T2 215 T3 210 Even 200 and 196 can be possible. SL above 231.
Happy Trading :)
Sunday, February 26, 2012 0 Comments
Friday, February 24, 2012
Recap: I hope you made some profits in SBI, Axis and United Phosporus.
Tomorrow's possible range of Nifty Future: 5440 - 5550
Tomorrow's possible range of Nifty Future: 5440 - 5550
For tomorrow I will wait and watch the nifty. On the downside nifty may go to 5400 levels. Actually this is the floor or major support. I would suggest to go long around this levels with SL of 5375 or take early weekend break and enjoy the weekend. FII's are still buying in cash market.
Tomorrow's possible range of Bank Nifty Future: 10600-10900
Tomorrow's possible range of Bank Nifty Future: 10600-10900
For tomorrow I will wait and watch the Bank nifty also. My gut feeling is that Bank nifty will do roaring come back.
Stock Recommendations:
SBI: Buy SBI around 2250-2255 T1 2275 T2 2290 T3 2300+ SL below 2242.
If the market is -ve and SBI opens lower, then one can buy around 2150-2175 levels
Axis Bank: Buy Axis Bank around 1180-1190 T1 1220 T2 1240 T3 1260 SL 1175
If Axis Bank opens higher then one can buy with SL of yesterday low of 1196. If opens lower then one can wait for the above said levels to enter.
If the market is -ve and SBI opens lower, then one can buy around 2150-2175 levels
Axis Bank: Buy Axis Bank around 1180-1190 T1 1220 T2 1240 T3 1260 SL 1175
If Axis Bank opens higher then one can buy with SL of yesterday low of 1196. If opens lower then one can wait for the above said levels to enter.
ICICI Bank: One can accumulate ICICI Bank near to 900-905 levels
Coal India: Neutral
Coal India: Neutral
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy ADANIENT around 380-382 T1 390 T2 396 T3 404 SL 374
Buy TataGlobal around 120-121 T1 124 T2 126 T3 128 SL below 116
Investment Call
Buy TataGlobal around 120 Targets later SL can be below 105. Holding period more than 6 months to 1 Year. Recently Tata Sons increased their stake in this which is positive for the stock.
Buy ADANIENT around 380-382 T1 390 T2 396 T3 404 SL 374
Buy TataGlobal around 120-121 T1 124 T2 126 T3 128 SL below 116
Investment Call
Buy TataGlobal around 120 Targets later SL can be below 105. Holding period more than 6 months to 1 Year. Recently Tata Sons increased their stake in this which is positive for the stock.
Happy Trading :)
Friday, February 24, 2012 0 Comments
Thursday, February 23, 2012
Recap: Today all calls hit SL. As its expiry week and I advised you to trade in small qty.
Tomorrow's possible range of Nifty Future: 5460 - 5610
Thursday is expiry day, usually technicals will not work. There may be some more weakness in the market. Next immediate support is at 5460. To get the clear trend and the strength of the market we need to wait and watch.
FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 10630-11170
FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 10630-11170
Actually on charts today bullish crossover happened. Need to wait to get the proper direction now. My gut feeling is that Bank nifty will do roaring come back.
Stock Recommendations:
SBI: Buy SBI around 2225-2230 T1 2250 T2 2275 T3 2300+ SL below 2215.
If SBI opens higher one can wait and buy. If its open lower and stays here for some time then buy. SBI management clarified the news item. So hopefully it will bounce from that level. If the market is -ve and SBI opens lower then one can buy around 2150-2175 levels
Axis Bank: Buy Axis Bank around 1180-1190 T1 1220 T2 1240 T3 1260 SL 1175
If Axis Bank opens higher then one can buy with SL of yesterday low of 1204. f opens lower then one can wait for the above said levels to enter.
If SBI opens higher one can wait and buy. If its open lower and stays here for some time then buy. SBI management clarified the news item. So hopefully it will bounce from that level. If the market is -ve and SBI opens lower then one can buy around 2150-2175 levels
Axis Bank: Buy Axis Bank around 1180-1190 T1 1220 T2 1240 T3 1260 SL 1175
If Axis Bank opens higher then one can buy with SL of yesterday low of 1204. f opens lower then one can wait for the above said levels to enter.
ICICI Bank: Buy ICICI Bank around 954-957 T1 965 T2 978 T3 990 SL Below 950
If ICICI Bank opens lower than 950 then wait till it crosses 950 levels to enter. If it opens lower and trades around 925-930 levels one can enter and book profits whenever you see it.
If ICICI Bank opens lower than 950 then wait till it crosses 950 levels to enter. If it opens lower and trades around 925-930 levels one can enter and book profits whenever you see it.
Coal India: Low volume compared to yesterday. So need to wait to get the confirmation. My gut feeling is it will bounce from these levels. Even downside risk is very limited. On the downside it may go till 317-315
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy ICICI Bank around 954-957 T1 965 T2 978 T3 990 SL Below 950
Buy UNIPHOS around 149-151 T1 153 T2 157 SL 145
Buy ICICI Bank around 954-957 T1 965 T2 978 T3 990 SL Below 950
Buy UNIPHOS around 149-151 T1 153 T2 157 SL 145
Investment Call:
Update: Hold TCS, Cairn India
Special update on Adani Ent:
If you have exited Adani Below 400 (SL was below 400), One can Re-enter at current levels.
If you still hold Adani bought at 415-420 levels, one can add some more at current levels (CMP 387)
If it falls further one can buy around 353-360 range. Targets are still intact.
One can book 80% profit in Parekh Aluminex bought at 320 levels. Buy initiated on 14th -Feb-2012. In 6 Trading sessions it reached our T2 378. Rest hold.
Update: Hold TCS, Cairn India
Special update on Adani Ent:
If you have exited Adani Below 400 (SL was below 400), One can Re-enter at current levels.
If you still hold Adani bought at 415-420 levels, one can add some more at current levels (CMP 387)
If it falls further one can buy around 353-360 range. Targets are still intact.
One can book 80% profit in Parekh Aluminex bought at 320 levels. Buy initiated on 14th -Feb-2012. In 6 Trading sessions it reached our T2 378. Rest hold.
Happy Trading :)
Thursday, February 23, 2012 0 Comments
Tuesday, February 21, 2012
Recap: I hope you have enjoyed and made good profits in SBI, ICICI Bank and Axis Bank today also..
Tomorrow's possible range of Nifty Future: 5560 - 5740
Nifty may show big upside movement tomorrow or day after tomorrow. I am still bullish and Nifty can go up. This is expiry week so be careful and trade in small qty. There is a bullish crossover happening. Still it is not confirmed yet. But, within 1-2 days it will happen then its a clear buy.
Don't short the market at any cost now. FII's are still buying. FII's absorbing all the supply.
Tomorrow's possible range of Bank Nifty Future: 11040-11400
Don't short the market at any cost now. FII's are still buying. FII's absorbing all the supply.
Tomorrow's possible range of Bank Nifty Future: 11040-11400
Bank nifty may reach 11400 if the market opens +ve. On charts there is bullish crossover happening in Bank nifty also. Still it is not confirmed yet. So one can buy small qty at current levels. Downside yesterday low of 11040 should be the SL for long intraday positions.
Stock Recommendations:
SBI: Buy SBI around 2450-2455 T1 2480 T2 2500 T3 2530 SL below 2425.
If SBI hits SL, then one can buy around 2385 levels with SL of 2375. Positional targets for SBI can be 2650-2680. Even 2800 is also possible if the same trend continues. All the positional targets are intact.
Axis Bank: Buy Axis Bank around 1275-1283 T1 1300 T2 1330 T3 1350 SL 1265
If market strength is more then 1400 is also possible in this counter.
If SBI hits SL, then one can buy around 2385 levels with SL of 2375. Positional targets for SBI can be 2650-2680. Even 2800 is also possible if the same trend continues. All the positional targets are intact.
Axis Bank: Buy Axis Bank around 1275-1283 T1 1300 T2 1330 T3 1350 SL 1265
If market strength is more then 1400 is also possible in this counter.
ICICI Bank: Buy ICICI Bank around 987-995 T1 995 T2 1015 T3 1040 SL 976.
Tomorrow or day after tomorrow this counter can be the star in Banking stocks.
Tomorrow or day after tomorrow this counter can be the star in Banking stocks.
Coal India: I think all the supply in this counter is absorbed and today it clocked low volumes and closed on higher side. If this trades 1-2 days on higher side it may surprise on upper side. One can go long or Buy around current levels 326 with SL of 319. Target are much higher, but I advise you to book profits around 340 and wait for one or two days to close above 340.
PNB: I am neutral right now. One can buy for the positional target of 1120-1125
PNB: I am neutral right now. One can buy for the positional target of 1120-1125
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy DHFL (Dewan Housing Finance Ltd) around 255-257 T1 262 T2 265 SL 253
Investment Call:
Buy TCS around current levels 1235-1240 SL below 1200 (may be 1195). Targets later because above 1254 it makes new 52 Week High and above that its clear sky for TCS. So targets may be anything. Short term/Long term investors can buy and hold. If any adverse movements then I will give the exit call. :) Till then hold and ride the bull run.
This is not a intraday call.
Buy TCS around current levels 1235-1240 SL below 1200 (may be 1195). Targets later because above 1254 it makes new 52 Week High and above that its clear sky for TCS. So targets may be anything. Short term/Long term investors can buy and hold. If any adverse movements then I will give the exit call. :) Till then hold and ride the bull run.
This is not a intraday call.
Happy Trading :)
Regards,
Suresh
Regards,
Suresh
Tuesday, February 21, 2012 0 Comments
Recap: I hope you have enjoyed and made good profits in SBI. As expected SBI moved to 2400+ :)
Tomorrow's possible range of Nifty Future: 5484 - 5740
Nifty may pause for some time. Don't try to short the market at this level. Actually on Friday nifty clocked huge volumes and looks like it formed a Doji. Doji is actually a trend reversal signal. But, right now don't short the market. Lets wait for the confirmation. I am still bullish and Nifty can go up. This is expiry week so be careful and trade in small qty.
Don't short the market at any cost now. FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 11000-11400
Don't short the market at any cost now. FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 11000-11400
Bank nifty may reach 11400 if the market opens +ve. If its -ve then 10900 is possible.
Stock Recommendations:
SBI: Buy SBI around 2385-2390 T1 2445 T2 2470 T3 2495 SL below 2375.
Positional target for SBI can be 2650-2680. Even 2800 is also possible if the same trend continues.
Axis Bank: Buy Axis Bank around 1270-1280 T1 1300 T2 1330 T3 1350 SL 1265
Positional target for SBI can be 2650-2680. Even 2800 is also possible if the same trend continues.
Axis Bank: Buy Axis Bank around 1270-1280 T1 1300 T2 1330 T3 1350 SL 1265
ICICI Bank: Buy ICICI Bank around 980-983 T1 995 T2 1015 T3 1040 SL 976.
Tomorrow this counter can be the star in Banking stocks.
Tomorrow this counter can be the star in Banking stocks.
Coal India: It formed a inside bar. Need to breakout or breakdown to get the clear direction. So its in watch list.
PNB: I am neutral right now.
PNB: I am neutral right now.
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy SASKEN around 132-135 T1 140 T2 145 T3 150 SL below 129
Investment Call: Buy Adani Enterprises around 415-420 (CMP 414). T1 440 T2 460 T3 500 SL below 400. One can accumulate near SL i.e. around 405-408.
Happy Trading :)
Friday, February 17, 2012
Recap: I hope you have enjoyed and made good profits in SBI, PNB. As expected SBI moved 4-6% in one day and gave very good profit. :)
Tomorrow's possible range of Nifty Future: 5510 - 5590
Nifty formed a inside bar today. It needs cross the upper (5542) or lower (5461) levels to get the direction. As of now its pause and I suggest to wait. I am still bullish and Nifty can go up another 50-100 points. People are talking about correction and profit booking but, I don't see on the charts. Believe the prices on the trading screen.a
Don't short the market at any cost now. FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 10800-11120
Don't short the market at any cost now. FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 10800-11120
Recap: As per the expectation Bank nifty moved and on the downside made low of 10800.10 and bounced back. Any decline should be bought. I am very bullish on banks. Next positional targets for the bank nifty is 11350
Stock Recommendations:
SBI: Buy SBI around 2320-2330 T1 2383 T2 2395 SL below 2315.
As per expectation, SBI moved and made high of 2377. Even with the flat market condition it was continuously making new intraday highs. It is also very near to our positional targets of 2400.
Axis Bank: My positional targets for this counter is achieved and so I will pause and wait for the next confirmation.
As per expectation, SBI moved and made high of 2377. Even with the flat market condition it was continuously making new intraday highs. It is also very near to our positional targets of 2400.
Axis Bank: My positional targets for this counter is achieved and so I will pause and wait for the next confirmation.
ICICI Bank: In this counter also all my targets are achieved. Right now its also in the +ve crossover. It may also move but I am neutral right now. One can buy and hold small qty for the positional targets of 1040-1050.
Coal India: I really don't no the fundamental damage for this counter. But, technically fresh shorts have been created and Still more downside left in this counter. But, as per the present market conditions, I would buy around 312-315 it it halts there. I mean I would buy 25-30% at this level and watch for the next move. If it still goes below then I will wait for 295-296 levels. I still suspect Coal India will go to these levels. But, who know where its headed. Right now its a falling knife.
PNB: I am neutral right now. As per the expectation it was also near to our positional targets.
PNB: I am neutral right now. As per the expectation it was also near to our positional targets.
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy RUSHIL around 173-174.50 T1 177 T2 180 T3 183 SL 170
Buy SASKEN around 139-140 T1 145 T2 150 T3 154 SL 135
Happy Trading :)
Friday, February 17, 2012 0 Comments
Thursday, February 16, 2012
Recap: I hope you have enjoyed and made good profits in SBI, AxisBank, ICICIBank, PNB, as well as jackpot calls of HDIL, Radico. My Short term investment of Parekh Aluminex which was given on 14th Feb also reached T1.
Tomorrow's possible range of Nifty Future: 5510 - 5630
Nifty still looks strong and can go up another 50-100 points. People are talking about correction and profit booking but, I don't see on the charts.
Don't short the market at any cost now. FII's are still buying.
I don't see any correction ahead, Nifty is very strong and refusing to correct at all. If you can see the intraday move then you will be able to understand. Any correction is not sustained i.e. dip buyers are jumping and buying aggressively.
Tomorrow's possible range of Bank Nifty Future: 10800-11120
Don't short the market at any cost now. FII's are still buying.
I don't see any correction ahead, Nifty is very strong and refusing to correct at all. If you can see the intraday move then you will be able to understand. Any correction is not sustained i.e. dip buyers are jumping and buying aggressively.
Tomorrow's possible range of Bank Nifty Future: 10800-11120
Recap: As per the expectation Bank Nifty showed big move and the positional target of 11000 is almost reached. I hope all enjoyed the ride.
Bank Nifty still looks +ve on charts. Any decline should be bought. I am very bullish on banks. Next positional targets for the bank nifty is 11350
Bank Nifty still looks +ve on charts. Any decline should be bought. I am very bullish on banks. Next positional targets for the bank nifty is 11350
Stock Recommendations:
SBI: Buy SBI around 2240-2250 T1 2278 T2 2300 T3 2339 T4 2350 SL below 2200. If it opens lower around 2220-2225, Then add more or can average in this level and till 2210. (SBI Looks very bullish on charts. Two bullish crossover happened in this charts. So its very +ve. I am assuming around 4-6% upside tomorrow or day after tomorrow.) Positional targets are 2400.
Axis Bank: As per the expectations it moved in a big way. I did wrote in my previous post that its very +ve. My positional targets for this counter is achieved and so I will pause and wait for the next confirmation.
Axis Bank: As per the expectations it moved in a big way. I did wrote in my previous post that its very +ve. My positional targets for this counter is achieved and so I will pause and wait for the next confirmation.
ICICI Bank: In this counter also all my targets are achieved. Right now its also in the +ve crossover. It may also move but I am neutral right now. One can buy and hold small qty for the positional targets of 1040-1050.
Coal India: Buy Coal India above 342 T1 345 T2 348 SL 338.50 (This counter needs one close above 342 on closing basis.)
PNB: Buy PNB around 1030-1040 T1 1060 T2 1075 SL below 1025 (Positional Targets 1070)
PNB: Buy PNB around 1030-1040 T1 1060 T2 1075 SL below 1025 (Positional Targets 1070)
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy PARAL around 340-345 T1 370 T2 380 SL 335
Buy MCDOWELL-N around 685 T1 695 T2 712 SL below 680
Buy PARAL around 340-345 T1 370 T2 380 SL 335
Buy MCDOWELL-N around 685 T1 695 T2 712 SL below 680
Happy Trading :)
Thursday, February 16, 2012 0 Comments
Wednesday, February 15, 2012
Tomorrow's possible range of Nifty Future: 5410 - 5490
Nifty has broken and closed above 5412 on closing basis which is very good for bulls. My yesterday target of 5450 is achieved.
For Tomorrow Nifty may inch towards 5500. Before that it may retest 5410 again. Keep watch that level and buy more at that level or near 5420.
Don't short the market at any cost now. FII's are still buying.
I don't see any correction ahead, Nifty is very strong and refusing to correct at all. If you can see the intraday move then you will be able to understand. Any correction is not sustained i.e. dip buyers are jumping and buying aggressively.
Tomorrow's possible range of Bank Nifty Future: 10490-10750
For Tomorrow Nifty may inch towards 5500. Before that it may retest 5410 again. Keep watch that level and buy more at that level or near 5420.
Don't short the market at any cost now. FII's are still buying.
I don't see any correction ahead, Nifty is very strong and refusing to correct at all. If you can see the intraday move then you will be able to understand. Any correction is not sustained i.e. dip buyers are jumping and buying aggressively.
Tomorrow's possible range of Bank Nifty Future: 10490-10750
Bank Nifty looks +ve on charts. Any decline should be bought. I am very bullish on banks. Tomorrow we may see big move in Bank Nifty. Because Bullish crossovers happened today. If Bank Nifty is able to sustain 10500, then short term target can be 11000.
Stock Recommendations:
SBI: Buy SBI around 2190-2200 T1 2225 T2 2250 T3 2275 SL 2175 (SBI Looks very bullish on charts. Please don't remain short on this counter. Any decline should be bought aggressively)
If SBI's flat tomorrow, one can accumulate below 2170. I doubt it will go to that levels. Bullish crossover is in progress. If not tomorrow, definitely it will go up with in this week.
Axis Bank: Buy AxisBank around 1122-1125 T1 1140 T2 1155 T3 1160 SL 1110
If SBI's flat tomorrow, one can accumulate below 2170. I doubt it will go to that levels. Bullish crossover is in progress. If not tomorrow, definitely it will go up with in this week.
Axis Bank: Buy AxisBank around 1122-1125 T1 1140 T2 1155 T3 1160 SL 1110
(In this chart also bullish crossover is happened and there is confirmation also. It is also closed above 200DMA which is also +ve) Positional targets 1160 - 1180
ICICI Bank: Buy ICICI Bank around 935-940 T1 950 T2 960 T3 970 SL 930
Coal India: Buy Coal India above 342 T1 345 T2 348 SL 338.50
PNB: Buy PNB around 1010-1015 or Above 1016 T1 1030 T2 1045 SL below 1000 (Positional Targets 1070)
PNB: Buy PNB around 1010-1015 or Above 1016 T1 1030 T2 1045 SL below 1000 (Positional Targets 1070)
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy Radico Khaitan around 115-117.5 T1 120 T2 122 T3 124 SL 113
Buy HDIL around 102-104 T1 106 T2 110 SL 101
Buy India Infoline around 70-71.50 T1 73.50 T2 75 T3 77 SL 69.25
Buy Radico Khaitan around 115-117.5 T1 120 T2 122 T3 124 SL 113
Buy HDIL around 102-104 T1 106 T2 110 SL 101
Buy India Infoline around 70-71.50 T1 73.50 T2 75 T3 77 SL 69.25
Happy Trading :)
Wednesday, February 15, 2012 0 Comments
Tuesday, February 14, 2012
Tomorrow's possible range of Nifty Future: 5345 - 5490
Nifty need to break 5412 on upside or 5335 on downside to see some movement. Else it will be in very tight range. You guys may be wondering the levels are not changing. Till the breakout/breakdown these are the levels to watch.
My personal view is buy on declines around 5345-5350 Keeping SL 5335. T1 5380 T2 5400 T3 5420 and so on or Buy around 5380-5390 T1 5450 T2 5475 T3 5490 SL 5370.
If Nifty still falls then one can buy around 5260-5275.
Don't remain short. FII's are still buying.
I don't see any correction ahead, Nifty is very strong and refusing to correct at all. If you can see the intraday move then you will be able to understand. Any correction is not sustained i.e. dip buyers are jumping and buying aggressively. On 14th Feb we may see good movement on upside.
Tomorrow's possible range of Bank Nifty Future: 10270-10700
My personal view is buy on declines around 5345-5350 Keeping SL 5335. T1 5380 T2 5400 T3 5420 and so on or Buy around 5380-5390 T1 5450 T2 5475 T3 5490 SL 5370.
If Nifty still falls then one can buy around 5260-5275.
Don't remain short. FII's are still buying.
I don't see any correction ahead, Nifty is very strong and refusing to correct at all. If you can see the intraday move then you will be able to understand. Any correction is not sustained i.e. dip buyers are jumping and buying aggressively. On 14th Feb we may see good movement on upside.
Tomorrow's possible range of Bank Nifty Future: 10270-10700
Bank Nifty looks +ve on charts. Any decline should be bought. I really don't no how to read fundamentals or results of a company. So no comments on SBI results. But, I am very bullish on banks. If Bank Nifty is able to sustain 10500, then short term target can be 11000.
Stock Recommendations:
SBI: Buy SBI around 2150-2153 T1 2180 T2 2190 T3 2200 T4 2225 SL 2140 (SBI Looks very bullish on charts. Please don't remain short on this counter. Any decline should be bought aggressively)
Tomorrow If SBI falls because of NPA concerns blah blah then it may reach 2055-2070 Here again buy. If it still falls further then buy again at 2010 levels. One can keep SL of 1990. Maximum downside will be around 1960 levels. So keep watch on this. My suggestion would be on the +ve side. i.e. buy and hold.
Yesterday I said that it may reach 2100 levels. Just check the Day low. In the morning trade it was 2102. and it was in the range of 2120-2150 and gave good opportunity for jobbing.
Axis Bank: Buy AxisBank around 1115-1117 or around 1090-1095 T1 1140 T2 1155 T3 1160 SL 1084 (I assume Buy 50% at 1115 and 50% at 1095 i.e. average positions.)
Tomorrow If SBI falls because of NPA concerns blah blah then it may reach 2055-2070 Here again buy. If it still falls further then buy again at 2010 levels. One can keep SL of 1990. Maximum downside will be around 1960 levels. So keep watch on this. My suggestion would be on the +ve side. i.e. buy and hold.
Yesterday I said that it may reach 2100 levels. Just check the Day low. In the morning trade it was 2102. and it was in the range of 2120-2150 and gave good opportunity for jobbing.
Axis Bank: Buy AxisBank around 1115-1117 or around 1090-1095 T1 1140 T2 1155 T3 1160 SL 1084 (I assume Buy 50% at 1115 and 50% at 1095 i.e. average positions.)
Positional targets 1160 - 1180
ICICI Bank: Buy ICICI Bank around 923-925 or around 905-908 levels T1 935 T2 945 T3 950 T4 965 SL 899
Coal India: Buy Coal India above 341 T1 345 T2 348 SL 338.50
PNB: Levels: 973-1029
PNB: Levels: 973-1029
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy IGL (Indraprastha Gas) around 349-351 T1 360 SL 346
Sell Lovable Below 400 T1 390 T2 385 SL 405
Investment Call: Buy Parekh Aluminex around 315-320 or near to 305-310 T1 350 T2 378 T3 400 SL below 300. This is short term call not for intraday. Holding period 2-6 weeks. Buy small to medium quantity.
Buy IGL (Indraprastha Gas) around 349-351 T1 360 SL 346
Sell Lovable Below 400 T1 390 T2 385 SL 405
Investment Call: Buy Parekh Aluminex around 315-320 or near to 305-310 T1 350 T2 378 T3 400 SL below 300. This is short term call not for intraday. Holding period 2-6 weeks. Buy small to medium quantity.
Happy Trading :)
Tuesday, February 14, 2012 0 Comments
Monday, February 13, 2012
Tomorrow's possible range of Nifty Future: 5345 - 5490
Nifty need to break 5410 on upside or 5335 on downside to see some movement. Else it will be in very tight range.
My personal view is buy on declines around 5345-5350 Keeping SL 5340. T1 5380 T2 5400 T3 5420 and so on or Buy around 5380-5390 T1 5450 T2 5475 T3 5490 SL 5370.
If Nifty still falls then one can buy around 5260-5275.
Don't remain short. FII's are still buying.
According to charts we may be in middle of very strong bull market. Within this year we may see life time high of Nifty and Sensex. If anybody is looking for investment then, one can buy good blue chip stocks. If any adverse move then definitely I will give exit call for this.
Any decline should be used to add the positions.
Tomorrow's possible range of Bank Nifty Future: 10270-10700
My personal view is buy on declines around 5345-5350 Keeping SL 5340. T1 5380 T2 5400 T3 5420 and so on or Buy around 5380-5390 T1 5450 T2 5475 T3 5490 SL 5370.
If Nifty still falls then one can buy around 5260-5275.
Don't remain short. FII's are still buying.
According to charts we may be in middle of very strong bull market. Within this year we may see life time high of Nifty and Sensex. If anybody is looking for investment then, one can buy good blue chip stocks. If any adverse move then definitely I will give exit call for this.
Any decline should be used to add the positions.
Tomorrow's possible range of Bank Nifty Future: 10270-10700
Bank Nifty looks +ve on charts. Any decline should be bought. We may see good movements in bank nifty tomorrow because of SBI results.
Stock Recommendations:
SBI: Buy SBI around 2175-2182 T1 2200 T2 2235 T3 2245 T4 2278 SL 2163 (SBI Looks very bullish on charts. Please don't remain short on this counter. Any decline should be bought aggressively)
Tomorrow SBI may be in the range of 2130-2150 until results are out. So keep watch on this. My suggestion would be on the +ve side. i.e. buy and hold.
Buy SBI around 2130-2140 SL 2120 Targets are intact and same as above. If market takes SBI results positively then positional targets are near to 2400. If market takes results -vely then downside targets are 2110-2100-2075.
Axis Bank: Buy AxisBank around 1110-1115 T1 1140 T2 1155 T3 1160 SL 1100
Tomorrow SBI may be in the range of 2130-2150 until results are out. So keep watch on this. My suggestion would be on the +ve side. i.e. buy and hold.
Buy SBI around 2130-2140 SL 2120 Targets are intact and same as above. If market takes SBI results positively then positional targets are near to 2400. If market takes results -vely then downside targets are 2110-2100-2075.
Axis Bank: Buy AxisBank around 1110-1115 T1 1140 T2 1155 T3 1160 SL 1100
If SL hits then accumulate around 1080-1090 levels.
Positional targets 1160 - 1180
ICICI Bank: Buy ICICI Bank around 910-915 T1 930 T2 945 T3 950 SL 899
Accumulate ICICI Bank around 880-870
ICICI Bank: Buy ICICI Bank around 910-915 T1 930 T2 945 T3 950 SL 899
Accumulate ICICI Bank around 880-870
Venkys India: Sell Venkys below 424 T1 412 SL 429
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy IGL (Indraprastha Gas) around 337-342 T1 360 T2 370 T3 384 T4 400 SL 330
Buy SHASUNPHAR around 78 T1 82 T2 85 T3 87 SL 76
Investment Call: Again I am iterating Buy Cairn India (CMP 373). Accumulate around 360-370. No SL. I will be watching this stock if any adverse move then I will give exit call. This can be a star of 2012 and for long term this can be a multibagger.
Buy IGL (Indraprastha Gas) around 337-342 T1 360 T2 370 T3 384 T4 400 SL 330
Buy SHASUNPHAR around 78 T1 82 T2 85 T3 87 SL 76
Investment Call: Again I am iterating Buy Cairn India (CMP 373). Accumulate around 360-370. No SL. I will be watching this stock if any adverse move then I will give exit call. This can be a star of 2012 and for long term this can be a multibagger.
Monday, February 13, 2012 0 Comments
Friday, February 10, 2012
Tomorrow's possible range of Nifty Future: 5379 - 5490
Nifty looks positive. Nifty has to broken the tight range and is now set to reach 5490.
Buy around 5380-5410 T1 5450 T2 5475 T3 5490 SL 5375.
Don't remain short.
Tomorrow's possible range of Bank Nifty Future: 10400-10750
Buy around 5380-5410 T1 5450 T2 5475 T3 5490 SL 5375.
Don't remain short.
Tomorrow's possible range of Bank Nifty Future: 10400-10750
Bank Nifty looks +ve on charts.
Stock Recommendations:
SBI: Buy SBI around 2175-2182 T1 2200 T2 2235 T3 2245 SL 2163 (SBI Looks very bullish on charts. Please don't remain short on this counter. Any decline should be bought aggressively. Around 2120-2100-2075 Buy aggressively)
SBI 50WSMA = 2177 and 200WEMA = 2175. SBI is closed above this and its bullish. But, If SBI opens lower then it may act as a stiff resistance and we can witness no trading activity as SBI's result is on 13th Feb (I am not sure of the date)
SBI 50WSMA = 2177 and 200WEMA = 2175. SBI is closed above this and its bullish. But, If SBI opens lower then it may act as a stiff resistance and we can witness no trading activity as SBI's result is on 13th Feb (I am not sure of the date)
Axis Bank: Buy AxisBank around 1122-1127 T1 1155 T2 1160 SL 1114
If SL hits then accumulate around 1185-1095 levels.
Positional targets 1160 - 1180
ICICI Bank: Buy ICICI Bank around 935-940 T1 952 T2 966 T3 970 SL 930
Actually yesterday there are too many sell call on ICICI Bank. So people have shorted and tomorrow there will be short covering if it opens higher.
ICICI Bank: Buy ICICI Bank around 935-940 T1 952 T2 966 T3 970 SL 930
Actually yesterday there are too many sell call on ICICI Bank. So people have shorted and tomorrow there will be short covering if it opens higher.
Coal India: Positional targets can be 340-350.
Venkys India: Sell Venkys below 426 T1 412 SL 431
Venkys India: Sell Venkys below 426 T1 412 SL 431
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy IGL (Indraprastha Gas) around 337-344 T1 360 T2 370 T3 384 T4 400 SL 330
(I am assuming 20% circuit filter on this counter. Please check you're self and do the investment)
Investment Call: Buy Cairn India around 380 (CMP 382). Accumulate around 360-370. No SL. I will be watching this stock if any adverse move then I will give exit call. This can be a star of 2012 and for long term this can be a multibagger.
Buy IGL (Indraprastha Gas) around 337-344 T1 360 T2 370 T3 384 T4 400 SL 330
(I am assuming 20% circuit filter on this counter. Please check you're self and do the investment)
Investment Call: Buy Cairn India around 380 (CMP 382). Accumulate around 360-370. No SL. I will be watching this stock if any adverse move then I will give exit call. This can be a star of 2012 and for long term this can be a multibagger.
Friday, February 10, 2012 0 Comments
Thursday, February 9, 2012
Tomorrow's possible range of Nifty Future: 5315 - 5435
Nifty is in very tight range. Nifty has to break the levels 5315 on downside or 5413 on the upside to get the short term trend.
My gut feeling is Nifty will bounce tomorrow.
Buy around 5310 levels. Any decline till 5260 should be bought. Please don't remain short. FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 10150-10510
My gut feeling is Nifty will bounce tomorrow.
Buy around 5310 levels. Any decline till 5260 should be bought. Please don't remain short. FII's are still buying.
Tomorrow's possible range of Bank Nifty Future: 10150-10510
Bank Nifty looks +ve on charts. Any decline till 1a0150 should be bought. On the upside Bank nifty can move to 10510.
If Bank Nifty is not able to sustain 10150 on downside, then 10080 is possible. This is the level to buy buy buy.
Stock Recommendations:
SBI: Buy SBI around 2175-2182 T1 2200 T2 2235 T3 2245 No SL (SBI Looks very bullish on charts. Please don't remain short on this counter. Any decline should be bought aggressively. Around 2135-2100-2080 Buy aggressively)
Axis Bank: Buy AxisBank around 1118-1127 T1 1140 T2 1150 T3 1155. SL 1114
If SL hits then accumulate around 1085-1095 levels.
Positional targets 1160 - 1180
ICICI Bank: Buy ICICI Bank around 912-915 T1 930 T2 950 SL 907 or If you're investor then one can average around 900-904 (This call is bit risky, trade in small qty)
ICICI Bank: Buy ICICI Bank around 912-915 T1 930 T2 950 SL 907 or If you're investor then one can average around 900-904 (This call is bit risky, trade in small qty)
Coal India: Coal India best buy around 328-333 T1 337 T2 340 SL 325
Positional targets can be 340-350.
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy VIPInd around 118 T1 122 T2 124 T3 127 (T3 may not be possible in intraday) SL 116
Buy ThomasCook around 53.85 - 54 T1 56 T2 58
Buy VIPInd around 118 T1 122 T2 124 T3 127 (T3 may not be possible in intraday) SL 116
Buy ThomasCook around 53.85 - 54 T1 56 T2 58
Happy Trading :)
Thursday, February 9, 2012 0 Comments
Wednesday, February 8, 2012
Tomorrow's possible range of Nifty Future: 5301 - 5435
Nifty looks bearish on the charts. But, I don't suggest short selling tomorrow. Lets wait for the confirmation.
My gut feeling is Nifty will bounce tomorrow.
Buy around 5310 levels. Any decline till 5260 should be bought. Please don't remain short.
Tomorrow's possible range of Bank Nifty Future: 10150-10510
My gut feeling is Nifty will bounce tomorrow.
Buy around 5310 levels. Any decline till 5260 should be bought. Please don't remain short.
Tomorrow's possible range of Bank Nifty Future: 10150-10510
Bank Nifty looks -ve on charts. But, don't remain short. Any decline till 10150 should be bought. On the upside Bank nifty can move to 10510.
If Bank Nifty is not able to sustain 10150 on downside, then 10080 is possible. This is the level to buy buy buy.
Stock Recommendations:
SBI: Buy SBI around 2135 T1 2185 T2 2200 T3 2235 T4 2245 SL 2075 (SBI Looks very bullish on charts. Please don't remain short on this counter. Any decline should be bought aggressively with SL 2075. Around 2090-2080 Buy aggressively)
Axis Bank: Buy AxisBank above 1111 T1 1120 T2 1140 T3 1150. SL 1097
One can average around 1000-1105 levels. If SL hits then accumulate around 1082-1090 levels.
Positional targets 1160 - 1180
PNB: Buy PNB around 970-974 T1 997 T2 1005 T3 1015 SL 964
PNB: Buy PNB around 970-974 T1 997 T2 1005 T3 1015 SL 964
ICICI Bank: Buy ICICI Bank around 920-930 T1 950 T2 960 SL 916 or If you're investor then one can average around 917-913
Coal India: Coal India best buy around 320-315. (This is investment call)
Positional targets can be 340-350.
Jackpot Call: High Risk High Returns call. Trade as per you're risk appetite.
Buy JindalSWHL around 865-875 T1 902-907 T2 960 T2 1024 T3 1045 SL 850 (T2 on wards can be positional targets)
Buy JetAirways around 345-350 T1 360 T2 380 SL 330 (One can add more around 335, but maintain strict SL).
Buy JindalSWHL around 865-875 T1 902-907 T2 960 T2 1024 T3 1045 SL 850 (T2 on wards can be positional targets)
Buy JetAirways around 345-350 T1 360 T2 380 SL 330 (One can add more around 335, but maintain strict SL).
Happy Trading :)
Wednesday, February 8, 2012 0 Comments
Tuesday, February 7, 2012
Tomorrow's possible range of Nifty Future: 5290 - 5410
Nifty looks bearish on the charts. But, I don't suggest short selling tomorrow. Lets wait for the confirmation.
If Nifty opens higher and stays above then we can see some good move? History will repeats tomorrow also? Nifty was up on all Tuesday's this year.
If Nifty not able to sustain 5290 then 5260 is also possible and This the level to buy buy buy.
Tomorrow's possible range of Bank Nifty Future: 10150-10450
Bank Nifty looks +ve on charts. On the upside Bank nifty can move to 10450.
If Bank Nifty is not able to sustain 10150 on downside, then 10080 is possible. This is the level to buy buy buy.
Stock Recommendations:
SBI: Buy SBI above 2180 T1 2240 T2 2280 SL 2160 (If Market opens Higher)
SBI: Buy SBI above 2105 T1 2150 T2 2175 and above targets are intact. SL 2097.
(This holds good if the market opens lower and SBI trades around this level, One should be very fast in executing trades or put orders in advance.)
If SBI able to sustain 2180 Levels, then positional target 2400.
Axis Bank: Buy AxisBank above 1111 T1 1121 T2 1140 T3 1150. SL 1087
One can average around 1095-1102 levels.
Positional targets 1160 - 1180
PNB: Buy PNB around 974 T1 997 T2 1005 T3 1015 SL 964
ICICI Bank: Buy ICICI Bank around 928 or Above 936 T1 950 SL 919 or If you're investor then one can average around 917-913
HDIL: Buy HDIL around 85-85.50 T1 90 T2 92 SL 84
Positional Targets 100 - 110
Coal India: Coal India closed just above support of 327.75.
I am bullish on this counter, but news is not in favor of this. Investors can enter and wait for the handsome gains. Positional targets can be 340-350.
For tomorrow Buy Coal India around 328 T1 332 T2 335 T3 337 SL 326
Happy Trading :)
Tuesday, February 7, 2012 0 Comments
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Disclaimer – The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.
