Techinical Calls 19th June 2009

hi!! don't hold our morning call ( Nifty 4300Call
Nifty 4300Put ) coming days premium will come down , because of timevalue. So we close the position @ Rs 1000 profit.

our combination call going in profit side , calculate now 50+ 132 = 182 our investment avg price 176 so now profit = Rs6 wait till 3:15 if profit comes Rs 20 we will close the position
2005 STOP LOSS BUY RELIANCE 500325 AT ABOVE 2055 TARGTET 2130-2175-2210
BUY TCS ABOVE 395 TARGET 475 STOP LOSS 370
2005 STOP LOSS BUY RELIANCE 500325 AT ABOVE 2055 TARGTET 2130-2175-2210
794 BELWO SELL BAHRATI TELE STOP LOSSS 813 TARGET 745
2250 BELWO HDFC OPENS 2202-2150---2122-2070 STOP LOSS 2278 OR 2298
BUY TCS ABOVE 395 TARGET 475 STOP LOSS 370
794 BELWO SELL BAHRATI TELE STOP LOSSS 813 TARGET 745
2250 BELWO HDFC OPENS 2202-2150---2122-2070 STOP LOSS 2278 OR 2298
Buy Combination (call /put) Nifty4300 Call @ 87 and Nifty4300Put @89 wait upto Expirty ----------Required amount for this call (8800 for call & put per lot) code call 41352 , put 41353
Buy Combination (call /put) Nifty4300 Call @ 87 and Nifty4300Put @89 wait upto Expirty ----------Required amount for this call (8800 for call & put per lot) code call 41352 , put 41353
305 OR 311 STOP LOSSS BUY BOM DYENG ABOVE 323 TARGET 350-364-385
280-295 STOP LOSS BUY CORP BANK ABOVE 325 TARGET 400--420
794 BELWO SELL BAHRATI TELE STOP LOSSS 813 TARGET 745
Results Today: ABG Shipyard, Berger paints, DCB, Emkay Global, Four Soft, Ion Exchange, Man Industries, Marico & Royal Orchid Hotels
794 BELOW SELL BAHRATI TELE STOP LOSSS 813 TARGET 745
BAJAJ HIND (500032) CMP (Rs 202;) Sell for target of 182 with stop loss of 214.

4412-4473 On Thursday 4412-4473 will be sell area.
Weak markets will not cross 4435
4552-4604-4694-4913-5065-5300. Above 4473 Nifty could test 4517 (Wednesday's high).Further it could open for 4552-4604-4694-4913-5065-5300.
4155-4280-4090-3995-3737 Nifty has support at 4333(Wednesday's low).Below it could open 4155-4280-4090-3995-3737

14955-14841 On Thursday 14955-14841 will be sell area.
Weak markets will not cross 14735
14884-15014-15111-15292-15600-16196-16678-16951 Sensex could test 14995 (Wednesday's high). Further it could open for 14884-15014-15111-15292-15600-16196-16678-16951
14168-14075 Sensex has support at 14447 (Wednesday's low). Below that we open for 14168-14075.

Technical Calls 18th june 2009

SENSEX HAS STARTED FORMING LOWER TOP. YESTERDAY IT HAS BROKEN IT'S PREVIOUS BOTTOM OF 14536. SO IT MAY START FORMING LOWER TOP & LOWER BOTTOM FORMATION SO PER MY VIEW WE ARE ENTERING INTO CORRECTION MODE. FROM 8047 TO 15600..... 38% 12730 --- 50% 11823 & 62% IS 10917. (PLS TAKE CARE OF YOUR LONG POSITOIN & IF U R BULLISH PLS FOLLOW STOPLOSS)
SENSEX HAS STARTED FORMING LOWER TOP. YESTERDAY IT HAS BROKEN IT'S PREVIOUS BOTTOM OF 14536. SO IT MAY START FORMING LOWER TOP & LOWER BOTTOM
HDFC and HDFC Bank are set to reduce interest rates on term deposits by upto 25 basis points.
Dow-7, Nasdaq+12, Nikkei-177.
Yday FIIs-364cr in Cash, -1299cr in FNO. DIIs+569cr in Cash.

GRASIM (500300) CMP (Rs 2405;) Buy for target of 2611 with stop loss of 2321.

14868-14748 On Wednesday 14868-14748 will act as buy area.
Strong markets will not break 14822
15111-15292-15600-16196-16678-16951. Above 14868 Sensex could test 15022 (Tuesday's high). Further it could open for 15111-15292-15600-16196-16678-16951.
14549-14168 Sensex has support at 14621 (Tuesday's low). Below that we open for 14549-14168

4487-4450 On Wednesday 4487-4450 will act as buy area.
Strong markets will not break 4473.
4552-4604-4694-4913-5065-5300. Above 4487 Nifty could test 4536 ( Tuesday's high).Further it could open for 4552-4604-4694-4913-5065-5300.
4365-4155-4090 -3995-3737 Nifty has support at 4411 (Tuesday's low).Below it could open 4365-4155-4090-3995-3737

Technical Calls 17th June 2009

2110 BELWO RIL OPENS 2015 STOP LOSS 2130 OR 2145
1080 BELWO IF ONGC TARDES OPENS FOR 100 RS FALL STOP L.OSSS 1111
605 STOP LOSS BUY JAIN IRRIGATION 500219 ABOVE 670 TARGET 900
BUY KALPATRU POWER 522287 ABOVE 735 TARGET 770---800 STOP LOSSS 710
1700 ABOVE BUY MONSANTO 524084 TARGET 1780---1840---1900 STOP LOSS 1620
BUY JAYSHREE TEA 509715 ABOVE 192 TARGET 300 STOP LOSS NEAREST 174 FAR 156
75 NEAR STOP LOSS 67 FAR STOP LOSS BUY HARRISON MALYALAM 500467 AT 85 TARGET 120
CONFIDENCE IN TECHNICALKS CONFIDENCE IN CHARTS THIS IS 150 RS STOCK AVAILABLE AT 100 , GDL
BUY GATEWAY DISTRIPARK (BSECODE 532622) AT 103 FOR TARGET 150, STOP LOSS 91.
BUY BANK OF RAJASTHAN (BSECODE 500019) AT 63.5 FOR TARGET 77, STOP LOSS 54. VENTURA
BUY GATEWAY DISTRIPARK (BSECODE 532622) AT 103 FOR TARGET 150, STOP LOSS 91. VENTURA
4487-4450 PALAT LEVELS .BLW 4450 BUY LEVLS 4390-4242-4280.WEAK BLW 4280.ABV 4545 OPENS 4553-4605 SELL LEVELS .SAFE ABV 4605
270 ABOVE BUY GE SHIPP 500620 TARGET 278-285-296 STOP LOSSS 258

Technical Calls 16th June 2009

IF DLF TRADES ABOVE 350 OPENS FOR 374-384-395 STOP LOSSS 340
735 ABOVE BUY AXIS BANK TARGET 763-794 STOP LOSSS 712
428-437-458 CORRECTIVES CENTURY STOP LOSSS 410 CMP 420
144 STOP LOSS BUY GMR INFRA 532754 TARGET 158-163-170
Ansal Properties & Infrastructure Ltd is planning to raise up to Rs 1,500 cr.through QIP route.
BUY DLF AT 350 FOR TARGET 374-384-395, STOP LOSS 340
82 STOP LOSS BUY J P HYDRO ABOVE 84 TARGET 89-92-96
380 STOP LOSS BUY ADLAB ABOVE 394 TARGET 408-418-435
685 STOP LOSS BUY TECH MAHINDTA AT 705 TARGET 746-768-802
138 ABOVE OPENS 145----150 ROLTA STOP LOSS 133
133 STOP LOSS BUY CORE PROJECT 512199 ABOVE 138 TARGET 144-148-154

SIEMENS (500550) CMP (Rs 480;) CMP Sell for target of 439 with stop loss of 493.

15112-15350 § On Tuesday 15112-15350 will act as sell area.
Weak markets will not cross 15204
15600-16196-16678-16951 § Sensex could test 15261 (Monday's high). Further it could open for 15600-16196-16678-16951

14768-14549-14168 § Sensex has support at 14807 (Monday's low). Below that we open for 14768-14549-14168

4484-4506-4542 sell levels slight strength abv 4542 opens 4552-4605.safe above 4605 low made is 4411.Weak mkts dnt cross 4484.supp 4390

Market Commentary for the week ended June 12, 2009

The trends emerging from equity markets in the last one week have been one of strength, hope and conviction. The markets invariably find support at lower levels and not only that, the rally upwards seem to be more in momentum, thus we are finding markets creating higher tops and higher bottoms. Thus this market has changed its character in the last 6 weeks to become a “BUY on DIPS” rather than “SELL in RALLY”.

The inflection pint would be the budget and if proposals live up to the expectation we can safely say that markets can re conquer its earlier highs in 12 months or even before if we are blessed with normal rains. Even if the budget doesn’t meet all the expectation the markets don’t seem like going too far down from the current levels and BUY on DIPS will be the correct strategy.

Weekly Pointer_15thJune09

Technical Calls 15th June 2009

SELL AXIS ABNK BELOW 697-FOR TARGET 677-654-627 STOP LOSS 715
BUY LANCO INFRA 532778 ABOVE 385 TARGET 401-410-424 STOP LOSS 371
329 STOP LOSS BUY R COM ABOVE 340 TARGET 350-357
99-97-94 ARE SUPPORTS FOR RNRL STRONG RNRL WILL NOT BREAK 99 POSSSIBLE TARGET 117
BUY INDRA PRASTH GAS 532514 ABOVE 151 TARGET 180 STOP LOSS 128 NEAR STOP 138
235 IS ALL TIME HIGH UNION BANK CROSSED TODAY
2215 ABOVE BUY RIL STOP LOSS 2190 TARGET 2247-2264--2290
225 STOP LOSS BUY FEDERAL BANK ABOVE 255----500469 TARGET 320
112 RNRL 5 RS FROM 117 VENTURA
IPO MKT START . MAHINDRA RESORTS 24 JUNE AND ADANI POWER 14TH JULY
201 STOP LOSS BUY R POWER ABOVE 210 TARGET 228 SHORT TYERM CALL
WE WANT RNRL ON 117 ON SCREENS 103 STOP LOSS NEAREST IS 104.75
1480-1455--1424-1385 LARSEN FALL BELOW 1500 STOP LOSS 1545
I THINK MKTS WILL OPEN 20 PTS ABOVE TMMMRW THEN TODAYS CLOSE
VALUE OF ANALSYSIS--Mkts to open below 4565 Nifty opens 4527-4467.Short covering at 4465.Weak below 4465 opens 4365-4340.Sell levels 4615-4629-4655.+Ve only above 4655