Market Watch

Friday, July 3, 2009

Technical Calls 3 July 2009

Combination call : Nifty July 4400 call @ 222 , Buy Nifty July 4400 Put @ 203 , hold for 3 to 4 trading days

204 Above BUY BAJAAJ HIND STOP LOSS 198 TARGET 215 220-234

combination call 1st & 2nd July hold for few days till our confirmation.

Our 25th June : Combination call , Nifty Combincation call n Put Buy 4300 Call @ 188 , 4200 Put @ 166——— hold till 7th July now Profit shown Rs5000, Nifty 4300call 274 , Nifty 4200put 131totally 51 points profit so Rs 5100 profit , call closed


617 ABOVE BUY JSW 500228 TARGET 656-684 STOP LOSS 594
BUY BALMER 523319 AT 450 TARGET 700 NEAR STOP LOSS 430

Our 25th June : Combination call , Nifty Combincation call n Put Buy 4300 Call @ 188 , 4200 Put @ 166——— hold till 7th July now Profit shown Rs3500, hold upto atleast Rs5000, will close

Buy Combination call & Put in Nifty July 4400 call @ 187.50 and Nifty July 4300 Put @ 192.50. low risk good profit. & wait for close this call from us, Required Investment Rs 38000, Holding period atleast 5 days

4318-4285 On Thursday 4318-4285 will be buy area.
Strong Markets will not break 4306.
4380-4479-4517-4604-4794-4913-5300. Above 4318 Nifty could test 4362 ( Wednesday's high).Further it could open for 4380-4479-4517-4604-4794-4913-5300.
4236-4194-4090-3995-3737. Nifty has support at 4249 (Wednesday's low).Below it could open 4236-4194-4090-3995-3737.

14584-14472 OnThursday 14584-14472 will be buy area.
Strong markets will not break 14541.
14766-14955-15100 Above 14584 Sensex could test 14727 (Wednesday 's high). Further it could open for 14766-14955-15100
14312 Sensex has support at 14355 (Wednesday 's low). Below that we open for 14312

Thursday, July 2, 2009

Technical Calls 2 July 2009

51 % CMC HOLDS TCS----BEST--820 ABOVE CLOSE BUY BTST CMC 517326 TARGET 1100-1200 STOP LOSS INV 740 TRDAING
ECONOMIC SURVEY BENEFICIARY BEST CMC AND TCS HOLDS 51 % CMC

207 ABOVE BUY POWER FIN 532810 TARGET 211---217-225 STOP LOSS 201
316 STOP LOSS BUY DLF 532868 ABOVE 333 TARGET 351-365-385


BUY ZUARI ABOVE 282 TARGET 297-310 STOP LOSSS DAY AVG
OUR BUY CALL OF GAIL ON 29.06.09 AT 284 NOW 314. TARGET ACHIEVED. BOOK PROFITS. VENTURA
BUY WWIL (BSECODE 532795) AT 20.75 FOR TARGET 22.5, STOP LOSS 19. VENTURA

Buy IND INFOLINE 532636 ABOVE 135 Target 142-154-159-166 stoploss 125

BUY BATA 500043 ABOVE 155 TARGET 161-168-174 STOPLOSS 148

ICICI BANK (532174) CMP (Rs 722.00;) SELL below 716 with stop loss of 735 or sell on upper side around 740 with stop loss of 754 for target of 675.

4328-4375 On Wednesday 4328-4375 will be sell area.
Weak Markets will not cross 4347.
4479-4517-4604-4794-4913-5300. Above 4375 Nifty could test 4425 (Tuesday's high).Further it could open for 4479-4517-4604-4794-4913-5300.
4236-4194-4090-3995-3737 Nifty has support at 4268 (Tuesday's low).Below it could open 4236-4194-4090-3995-3737

14626- 14787 On Wednesday 14626- 14787 will be sell area.

Weak markets will not cross 14688.
14955 -15100 Above 14787 Sensex could test 14907 (Tuesday's high). Further it could open for 14955 -15100
14312 Sensex has support at 14420 (Tuesday's low). Below that we open for 14312

Wednesday, July 1, 2009

Technical Calls 1 July 2009

769 ABOVE BUY ACC TARGET 790--807 STOP LOSS DAY AVG OR 752
820 ABOVE BUY BHARATI 532454 TARGET 837-865-900 STOP LOSS 787-775

11 ABOVE BUY HPCL 500104 TARGET 318-327-340 STOP LOSS 298

395-375 STOOP LOSS BUY PATEL 531120 ABOVE 430 TARGET 650


Combination call : Nifty Buy 4300Call @ 210 , Buy Nifty 4300 Put 207 , (Buy Each 1 Lot) or more but both must buy.... - Don't stay in one side pls

715 ABOVE BUY MAHINDRA 5005250 TARGET 736-750-775 STOP LOSS 685 OR NEAR 696
410 STOP LOSSS BUY GREAT OFSHORE ABOVE 431 TARGET 460--474
Our Call : 550 STOP LOSS BUY COLGATE ABOVE 580 TARGET 640-650-670 --700
290 STOP LOSS BUY TELCO ABOVE 299 TARGET 310-316-325
264 STOP LOSS BUY HIND LEVER ABOVE 273 TARGET 284-296-310


IMPORTANT: KINDLY NOTE THAT YESTERDAYS (30.06.09) CASH MARKET PURCHASES CANNOT BE SOLD FOR DELIVERY TODAY(01.07.09) AS PAYOUT OF BOTH SETTLEMENTS ON SAME DAY. VENTURA


14816-14885 On Tuesday 14816-14885 will be sell area.
Weak markets will not cross 14843.
15100-15600. Above 14885 Sensex could test 14955 (Monday's high). Further it could open for 15100-15600.
14594-14486-14312-14075. . Sensex has support at 14685 (Monday's low). Below that we open for 14594-14486-14312-14075.

4400-4419 On Tuesday 4400-4419 will be sell area.
Weak Markets will not cross 4407.
4479-4517-4604-4794-4913-5300. Above 4419 Nifty could test 4439 (Monday's high).Further it could open for 4479-4517-4604-4794-4913-5300.
4325-4291-4236-4194-4090-3995-3737. Nifty has support at 4351 (Monday's low).Below it could open 4325-4291-4236-4194-4090-3995-3737.

Tuesday, June 30, 2009

Technical Calls 30 June 2009

777 BEWO SELL ACC TARGET 770—759—740 STOP LOSS 788
1590 BELWO SELL LARSEN TARGET 1575-1548 STOP LOSS 1620
210 ABOVE BUY KIRI DYES--------532967 TARGET 220-----226---237 --242 STOP LOSS 200
876 STOP LOSSS SELL AXIS BANK BELOW 850---836----812 STOP LOSS


BUY NAVNEEET 508989 ABOVE 80 TARGET 110 STOP LOSS 68-71

BUY ENGINNEREERS 532178 ABOVE 1070 TARGET 1500 STOP LOSSS 950710 ABOVE BUY BHUSHAN STEEL 500055 TARGET 744-767-792 STOP LOSS 665 OR 688
BUY TULIP ABOVE 810-----532691 TARGET 1100 --1200 STOP LOSS 700
BPCL (500547) CMP Rs 421; BUY for target of 440 with stop loss of 407. (If it closes above 440 then next possible target comes to 470)
BHARTI ARTL (532454) CMP Rs 809; BUY for target of 865 with stop loss of 775. (If it closes & sustain above 865 then next possible target comes to 951)

14624-14502 On Monday 14624-14502 will be buy area.
Strong markets will not break 14577.
14810-15100-15600 Above 14624 Sensex could test 14781 (Friday's high). Further it could open for 14810-15100-15600.
14257-14075 Sensex has support at 14373 (Friday's low). Below that we open for 14257-14075 .

4329-4286 On Monday 4329-4286 will be buy area.

Strong Markets will not break 4312.
4479-4517-4437-4552-4604-4694-4913-5300. Above 4329 Nifty could test 4383 (Friday's high).Further it could open for 4479-4517-4437-4552-4604-4694-4913-5300.
4219-4194-4090-3995-3737.Nifty has support at 4241 (Friday's low).Below it could open 4219-4194-4090-3995-3737.



Monday, June 29, 2009

Possible Movers of 2009-2010--Be Invested

Possible Movers of 2009-2010--Be Invested

Market Commentary for the week ended June 26, 2009

The Union Budget 2009-2010 which would be presented on July 06, 2009 will be crucial in gauging the new government’s policy stance. The budget is more likely to focus on reforms to bridge the galloping fiscal deficit, emphasize rural spending, increased infrastructure allocation & providing incentives to the export led sectors viz IT & textiles. Given the spending pressures, we expect the central government’s fiscal deficit to remain high at 6.5% of GDP and the consolidated deficit at 10% of GDP in FY10. This is expected to be arrested to a certain extent by way of disinvestment and auctioning of 3G license.
It will be interesting to see how far the new government succeeds in fulfilling the expectations which have arose after the new mandate came into force. We believe that while there might be some disappointments, some of the expectations may turn into much needed actions which could put India into a sustained growth path.
weekly-pointer_29thjun09.pdf

Technical Calls 29 June 2009

STOP 280 BUY CROMPTON 500093 ABOVE 312 TARGET 460
STOP LOSS 870 BUY BEML 500048 ABOVE 970 TARGET 1400
470 STOP LOSS BUY ALSTHOM 532309 ABOVE 515 TARGET 700 BEST STOP LOSS 440
600 ABOVE BUY STERLITE TARGET 626-647-680 STOP LOSSS 569 OR 577
BUY GAIL (BSE CODE 532155) AT 284 FOR TARGET 305, STOP LOSS 274.VENTURA
244 ABOVE BUY JET 532617 TARGET 269-286-315 STOP LSSS 222
78 STOP LOSS BUY JP HYDRO 532627 ABOVE 97 TARGET 130 NEAR STOP LOSS 86
770 STOP LOSS BUY AXIS BANK 532215 ABOVE 850 TARGET 1200--1400 INV STOP LOSS 675
41 ABOVE UCO BANK STOP LOSS 38 TARGET 43-45-48
On Fri, FIIs+551cr in Cash, +866cr in FNO. DIIs+334cr in Cash.
925 STOP LOSS BUY BAJAJ AUTO 532977 AT
955 TARGET 1012-1038---1080

OUR BUY CALL OF DLF ON 24.06.09 AT 322 NOW 338. TARGET ACHIEVED. BOOK PROFITS. VENTURA
14384-14478 On Friday 14384-14478 will be sell area.
Weak markets will not cross 14419.
14410-14480-14626 Above 14478 Sensex could test 14578 (Thursday's high). Further it could open for 14410-14480-14626
14193-14162-14075. Sensex has support at 14261 (Thursday's low). Below that we open for 14193-14162-14075.

4266-4300. On Friday 4266-4300 will be sell area.
Weak Markets will not cross 4279.
4379-4517-4437-4552-4604-4694-4913-5300. Above 4300 Nifty could test 4336 (Thusrday's high).Further it could open for 4379-4517-4437-4552-4604-4694-4913-5300.
4194-4090-3995-3737.
Nifty has support at 4222 (Thusrday's low).Below it could open 4194-4090-3995-3737.