16 - february - 2009
Pre Market Call
Rel Infra (570)
Buy/Hold above 578 Stop Loss 569 Target 596 Time Frame:- 1-2 Days
PNB (409)
Buy/Hold above 412.50 Stop Loss 407 Target 425 Time Frame:- 1-2 Days
M&M (321)
Buy/Hold above 323 Stop Loss 309 Target 347-355 Time Frame:- 2-3 Days
Crompton (139)
Buy/Hold above 140 Stop Loss 136.50 Target 147-149 Time Frame:- 1-2 Days
Note:- Trade as per Recommended level only if sustain.
09- February - 2009
Reliance Industries (1345)
Buy Above 1350 Stop Loss 1332 Target 1391-1407 Time Frame:- 5 Trading Days
GE Shipping (209)
Buy Above 209 Stop Loss 199 Target 225-230 Time Frame:- 5 Trading Days
NTPC (180)
Buy Above 182 Stop Loss 177 Target 192-195 Time Frame:- 5 Trading Days
Note:- Trade only if criteria satisfied or as per recommended level with tight Stop losses
03 - February - 2009
HCL Tech(118)
Buy Above 120 Stop Loss 117 Target 126
HUL(266)
Buy Above 268.50 Stop Loss 264.5 Target 275
India Cement(106)
Buy Above 107 Stop Loss 104 Target 113
DrReddy (438)
Sell Below 434 Stop Loss 443 Target 421
LITL(111.50)
Sell Below 109.50 Stop Loss 113.50 Target 101-99
ZEEL(97)
Sell Below 95 Stop Loss 99 Target 89
Note:- Trade as per recommended level only if level sustain.
03 - February - 2009
L&T (661)
Sell below 655 Stop Loss 668 Target 636
TCS (491)
Sell below 485 Stop Loss 499 Target 465
Infosys (1279)
Sell below 1273 Stop Loss 1287 Target 1245
ACC (494)
Sell below 490 Stop Loss 496 Target 479-476
Adlabs (161)
Sell below 159 Stop Loss 164 Target 145
Ge Shipping (178)
Buy above 180.50 Stop Loss 175 Target 192-195
Great Offshore (247)
Buy above 252 Stop Loss 245 Target 265
Gail (202)
Buy above 204 Stop Loss 200 Target 212
02 - February - 2009
Chennai Petro (110)
Buy Above 112 Stop Loss 107 Target 122
SIEMENS (206)
Buy Above 209 Stop Loss 202 Target 223
Lupin (570)
Buy Above 575 Stop Loss 566 Target 588-593
Bombay Dyeing (150)
Buy Above 153 Stop Loss 148 Target 166
LIC Hsg. Finance (224)
Sell below 222.50 Stop Loss 226 Target 215
Axis Bank (434)
Sell below 428 Stop Loss 435 Target 418-412
Note:- Trade as per recommended level only if level sustain.
29 - January - 2009
SBI (1112)
Buy Above 1118 Stop Loss 1085 Target 1150-1161-1184
EKC (130)
Buy Above 131.50 Stop Loss 126 Target 143-145
ITC (176)
Buy Above 177.50 Stop Loss 172.50 Target 185
Aban Offshore (467)
Buy Above 476 Stop Loss 462 Target 507-525
Note:- Trade as per recommended level only if level sustain.
28 - January - 2009
Nifty Future (2765)
Nifty Future has formed good support at 2743 level and yesterday it has tried to break below this but failed in all attempts. Trend line support formed at 2761 level. On upper side, channel line break out at 2785 level and sustain above this invites bull to take charge for the day.
Support:- 2761-2743
Resistance:- 2785-2810-2837
Lic Hsg fin (213)
Buy Above 215 Stop Loss 209 Target 223-228
HUL (253)
Buy Above 255 Stop Loss 251 Target 263
Crompton (132)
Buy Above 134 Stop Loss 130 Target 144
Adlabs (165)
Buy Above 168 Stop Loss 163 Target 177-180
27 - January - 2009
View on Major Stock
Nifty Future (2655)
Nifty future closed below important level of 2700 in last three consecutive days and now this will work as a good resistance level for coming days. Sustain above 2675-2680 will open the door for 2700/2710/2722 and sustain below 2635 will invite bear to take charge fully on the market and we may see 2600-2585 level in a day or two. Technically upper side movement looks weak and short on higher level is again advisable.
Reliance Industries (1153)
EOD chart has formed “Spinning Top” which suggests uncertainty for the day. Intra Day chart has formed Resistance at 1172 and Support at 1135. Short on higher level is advisable. Trend is Bearish.
SBI (1042)
EOD chart is in over sold region on RSI and on Stochastic. This indicates some amount of bounce back expected in early trade. Intra day trader can go long above 1050 with strong support at 1025 and Resistance at 1070/1080. Where as Short Term trader use rally to short on higher level with Target of 995/985/965 as Stock is well below its 20 SMA (1210) and 50 SMA (1189). Short Term Trend is Bearish. One thing I should not miss out is Weekly chart has formed Bearish “Head and shoulder Pattern” (multiple shoulder) which indicates bearish trend for short.
Reliance Infra (487)
30 Min Intra day chart has formed Support at 479 and Resistance at 495 either side break out give us continuation of trend. On EOD chart multiple Support exist at 465 level once it breaks then real bearish trend will start.
23 - January -2009
SBI (1090)
Sell SBI below 1090 with Stop Loss 1110 Target 1065-1040
Gateway Distripark (75)
Buy/Hold Above 75 With Stop Loss 71.50 Target 83 Time Frame :- 1-2 Days.
Technical Evidence:-
Stock has broken upper side supply line with higher volume and in addition Stochastic is exhibiting positive break out and RSI is on verge of positive cross over.
22 - January - 2009
Titan (916)
Buy Above 920 Stop Loss 910 Target 945
L&T (685)
Buy Above 688 Stop Loss 679 Target 704
Cummins Ind (202)
Buy/Hold Above 204 Stop Loss 198 Target 214-216
Lupin (585)
Buy Above 591 Stop Loss 584 Target 607
21 - January - 2009
Sun Paharma (1101)
Short below 1090 Stop Loss 1105 Target 1070-1065
Short below 274 Stop Loss 282 Target 255
BPCL(393)
Buy above 397 Stop Loss 387 Target 410
NTPC (186)
Buy above 189 Stop Loss 182 Target 196
CESC (245)
Buy above 247 Stop Loss 238 Target 258-265
Powergrid ( 87)
Buy above 89 Stop Loss 86 Target 95
20 - January - 2009
Nifty Future View (2833)
Like wise Nifty spot chart future chart has also formed “small white candle”. Bullish trend can be expected only above 2858 with upper side Resistance at 2858/2873/2888/2910. Important to note here is 2888 is very bullish breakout zone. Support for the day is 2820/2810.
Strategy:- Go Long only above 2858 Stop Loss 2820 Target 2873-2888-2910
Mahindra & Mahindra (309)
Short below 305 Stop Loss 313 Target 290-286
Maruti (574)
Short below 568 Stop Loss 579 Target 555-549
Great Offshore(249)
Buy above 252 Stop Loss 242 Target 266-270
19 - January - 2009
Nifty January Future (2815)
NF has formed “Double Top” at 2826 level on daily chart. Above 2826 it may test 2850/2875/2889 where has support formed at 2779.
Reliance Industries (1217)
Stock has potential to move up to 1275-1290 level (intra Day) and very strong support formed at 1181 level on closing basis. 1255 is a level where stock will form very bullish break out on channel line and sustain above this we may see 1325 (positional swing Trade Target)
Trade with Positive Bias.
SBI (1164)
Stock has formed “Double Top” at 1177 level sustain above this it may test 1191/1210 level and trend line support formed at 1150 Level.
BHEL (1404)
Stock has formed “Double Top” at 1410 sustain above this it may test 1445 and support formed at 1382.
Tata Power (773)
Stock has formed “Double Top” at 777 above this it may test 800/815 and support forms at 758
Gail (208)
Stock has formed “Morning Star Pattern”. Above 210 it may test 221/224 and support formed at 202.
Moser Baer (68)
Trade with positive bias above 68 with stop loss of 65.50 Target 74/76
Those who can not keep adequate Stop Loss please do not trade in my Calls.
14 - January - 2009
Nifty Future (2722)
We are not comfortable to go long in this so Short in the range between 2765-2785 with Strict stop loss of 2800 Target 2700/2690
Reliance (1078)
Stock has formed double bottom at 1066 on 60 min charts which suggest strong support for the day. Stock is over sold on stochastic so some amount of bounce back expected. Trade with positive bias only above 1095 Target 1145 (Double Top on Daily Chart).
SBI (1177)
Trade with positive bias only above 1182 with stop loss of 1161 Target 1222/1251.
