Market Watch

Friday, June 26, 2009

Technical calls 26 June 2009

4272-4246 On Thursday 4272-4246 will be buy area.
Strong Markets will not break 4262.
4330-4379-4517-4437-4552-4604-4694-4913-5065-5300. Above 4272 Nifty could test 4306 (Wednesday's high).Further it could open for 4330-4379-4517-4437-4552-4604-4694-4913-5065-5300.
4194-4090-3995-3737 Nifty has support at 4218 (Wednesday's low).Below it could open 4194-4090-3995-3737


14374-14292 On Thursday 14374-14292 will be buy area.
Strong markets will not break 14343.
14636-14786-15101-15155-15292-15600-16196-16678-16951. Above 14374 Sensex could test 14480 (Wednesday's high). Further it could open for 14636-14786-15101-15155-15292-15600-16196-16678-16951.
14162-14075. Sensex has support at 14207 (Wednesday's low). Below that we open for 14162-14075.

Thursday, June 25, 2009

Technical Calls 25 June 2009

Nifty Combincation call n Put Buy 4300 Call @ 188 , 4200 Put @ 166--------- hold till 7th July
European markets were subdued in today as investors turned cautious after the US Federal Reserve reiterated concerns over the economic outlook. Key benchmark indices in UK, Germany and France were down by between 0.05% and 0.65%.
U.K. FTSE 100 index declined 0.10% to 4,275.91
German DAX 30 index lost 0.6% to 4,804.31
French CAC-40 index fell 0.01% to 4,275.91
Unitech, ICICI Bank, HDFC gained while Tata Motors, M&M, ONGC, Tata Steel, Maruti slipped in a volatile market. Mid and small caps bettered broader indices
Primary articles group was up 0.1% while manufacturing product was up 1% on a week on week basis. Fuel group was up 0.4%.
SUDDEN MOVE CAN COME IN EDUCOMP ABOVE 3550 MOVE OF 200- 300 RS STOP LOSS 3490
OUR TODAYS BUY CALL OF TATA MOTORS AT 355 NOW 343. STOP LOSS TRIGGERED. EXIT POSITION
505 ABOVE BUY AURO BINDU OPENS Tgt 600 STOP LOSS 477
64 ABOVE BUY MERCATOR 526235 TARGET 69-75 STOP LOSS 58.5 OR 54
139 ABOVE BUY IDFC STOP LOSS 127 TARGET INV STOP LOSS 115 TARGET 190
BUY IDBI BANK (BSECODE 500116) AT 115 FOR TARGET 137, STOP LOSS 98. VENTURA
282 ABOVE BUY NAV BHARAT 513023 TARGET 295-307-324 STOP LOSS 268
153 STOP LOSS BUY ESSAROIL 500134 TARGET 178-184
BUY TATAMOTORS (BSE CODE 500570) AT 355 FOR TARGET 377, STOP LOSS 343.VENTURA
311 ABOVE BUY BGR ENERGY 532930 TARGET 322-333-351 STOP LOSSS 284
373 STOP LOSS BUY EVERON 532876 ABOVE 407 FOR 432-451-477 TARGET
98 STOP LOSS BUY IDBI 500116 ABOVE 115 TARGET 137

4220-4184 On Wednesday 4220-4184 will be buy area.
Strong Markets will not break 4206.
4287-4379-4437-4552-4604-4694-4913-5065-5300. Above 4220 Nifty could test 4267 (Tuesday's high).Further it could open for 4287-4379-4437-4552-4604-4694-4913-5065-5300.
4090-3995-3737. Nifty has support at 4146 (Tuesday's low).Below it could open 4090-3995-3737.

14248-14135 On Wednesday 14248-14135 will be buy area.
Strong markets will not break 14469.
14636-14786-15101-15155-15292-15600-16196-16678-16951. Above 14248 Sensex could test 14394 (Tuesday's high). Further it could open for 14636-14786-15101-15155-15292-15600-16196-16678-16951.
13780-13518. Sensex has support at 14016 (Tuesday's low). Below that we open for 13780-13518.

Wednesday, June 24, 2009

Technical calls 24 June 2009

BUY ICSA 531524 AT 169 TARGET 176-183-194 Stoploss 155
BUY KALPATRU---522287---ABOVE 746 TARGET 790 STOP LOSSS 720
122 STOP LOSS BUY CORE 512199 ABOVE 125 TARGET 137
149 STOP LOSS BUY APTECH 532475 ABOVE 157 TARGET 171-177-185
90 ABOVE BUY UTV 532619 TARGET 402-416-439 STOP LOSSS 3703200 STOP LOSS BUY CRISIL 500092 ABOVE 3375 TARGET 3535-3675----4000
290 STOP LOSSS BUY GLOBAL 500160 ABOVE 310 TARGET 360
149 STOP LOSS BUY APTECH 532475 ABOVE 157 TARGET 171-177-185
310 IS BGR RESULTS DAY HIGH CLEAR BUY ABOVE THAT TARGET 323-333---350 STOP LOSS TODAYS DAY AVG
322 ABOVE BUY AREVA 522275 TARGET 333----343- 358 STOP LOSSS 310
STOP LOSS 575 BUY LIC AT 610 TARGET 750

14423-14542 On Tuesday 14423-14542 will be sell area.
Weak markets will not cross 14469.
14737-14894-15014-15155-15292-15600-16196-16678-16951.Above 14542 Sensex could test 14668(Monday's high). Further it could open for 14737-14894-15014-15155-15292-15600-16196-16678-16951.
14168-14075 Sensex has support at 14269 (Monday's low). Below that we open for 14168-14075

4271-4310 On Tuesday 4271-4310 will be sell area.
Weak Markets will not cross 4286.
4379-4437-4552-4604-4694-4913-5065-5300. Above 4310 Nifty could test 4350 (Monday's high).Further it could open for 4379-4437-4552-4604-4694-4913-5065-5300.
4155-4280-4090-3995-3737 § Nifty has support at 4222 (Monday's low).Below it could open 4155-4280-4090-3995-3737

Tuesday, June 23, 2009

Technical Calls 23 June 2009

711-722 STOP LOSS BUY ACC AT 740 TARGET 770-785-808
880 ABOVE BUY ABBAN 523204 TARGET 912-940-1010 STOP LOSSS 855
190 STOP LOSS BUY KALINDI RAIL AT 202 TARGET 237
125 STOP LOSS BUY MOTILALAL 532892 AT 135 TARGET 148-155-167
Bharat Gala: 2350 ABOVE BUY HDFC 500010 TARGET 2450--2480 STOP LOSS 2280
893 ABOVE BUY RIL CAP TARGET 930 STOP LOSSS 873
330 STOP LOSS BUY NMDC 526371 AT 347 TARGET 379-393---416
RNRL 532709 BUY WITH 76 STOP LOSS AT 80-82 AREA FOR TARGET 94-97-103
1900 STOP LOSS BUY RIL ABOVE 1935 TARGET 2080

14413-14299 On Monday 14413-14299 will be buy area.
Strong markets will not break 14369.
14737-14894-15014-15155-15292-15600-16196-16678-16951. Above 14413 Sensex could test 14559 (Friday's high). Further it could open for 14737-14894-15014-15155-15292-15600-16196-16678-16951.
14168-14075 Sensex has support at 14179 (Friday's low). Below that we open for 14168-14075 .

4279-4244 On Monday 4279-4244 will be buy area.
Strong markets will not break 4266.
4379-4437-4552-4604-4694-4913-5065-5300. Above 4279 Nifty could test 4324 (Friday's high).Further it could open for 4379-4437-4552-4604-4694-4913-5065-5300.
4155-4280-4090-3995-3737 Nifty has support at 4206 (Friday's low).Below it could open 4155-4280-4090-3995-3737

Monday, June 22, 2009

Market Commentary for the week ended June 19, 2009

The first installment of advance taxes offered a mixed picture. Corporate are required to pay 15% of the total anticipated profits for the entire year as first installment The overall payments structure was flat with all sector contributing on the fringes except the banking sector. At every level keep on accumulating the equity shares of banking companies especially the PSU banks.

Weekly Pointer 22nd June 2009

Technical Calls 22 june 2009

120 ABOVE BUY DABUR 500096 TARGET 146 STOP LOSS 112-105
AVOID SHORTS IN MKTS FOR TIME BEING

610 STOP LOSS BUY STERLITE ABV 630 TARGET 670

2920 STOP LOSS--ABOVE 3155 EDUCOMP IF TARDES CROSOSO RECENT HIGH 3250 OVER ALL TARGET 3800

82 ABOVE BUY GMDC 532181 TARGET 92-100 STOP LOSS 76

14413-14299 On Monday 14413-14299 will be buy area.
Strong markets will not break 14369.
14737-14894-15014-15155-15292-15600-16196-16678-16951. § Above 14413 Sensex could test 14559 (Friday's high). Further it could open for 14737-14894-15014-15155-15292-15600-16196-16678-16951.

14168-14075 Sensex has support at 14179 (Friday's low). Below that we open for 14168-14075 .


4279-4244 On Monday 4279-4244 will be buy area.
Strong markets will not break 4266.
4379-4437-4552-4604-4694-4913-5065-5300. Above 4279 Nifty could test 4324 (Friday's high).Further it could open for 4379-4437-4552-4604-4694-4913-5065-5300.