Technical calls 24 July 2009

BUY BARTRONICS (BSECODE 532694) AT 175 FOR TARGET 230, STOP LOSS 157. VENTURA
1703 BELWO SELL SBI TARGET 1690-1682-1673-1645 STOP LOSSS 1725
748 ABOVE BUY ABB TARGET 770-805-817 STOP LOSSS BEST 704 NEARSET 720
955 ABOVE BUY TULIP 532691 TARGET 1100 STOP LOSS 880
885 BELWO SELL AXIS BANK TARGET 877-852 STOP LOSSS 896
Buy IDEA cmp 81.50 Tgt 92 , 100 Stoploss 74
BUY HAVELS 517354 ABOVE 302 TARGET 500 STOP LOSS 270 OR 240
Buy MIC (Nse code 14644) cmp 43.50 Tgt 60 Stoploss 33
235-260 INV STOP LOSS BUY FUT CAP 532938 ABOVE 285 TARGET 500
ESCORTS (500495) CMP (Rs 62;) Buy for target of 70 with stop loss of 59.
L& T (500510) CMP (Rs 1489;) Buy for target of 1652 with stop loss of 1415.

15164-15085 On Friday 15164-15085 will be buy area.
Strong markets will not break 15134.
15600-16000. Above 15164 Sensex could test 15264 (Thursday 's high). Further it could open for 15600-16000.
14541-14294-14134-13717. Sensex has support at 14997 (Thursday 's low). Below that we open for 14541-14294-14134-13717.

4500-4476 On Friday 4500-4476 will be buy area.
Strong Markets will not break 4491 .
4590-4693. Above 4500 Nifty could test 4531 (Thursday 's high).Further it could open for 4590-4693.
4311-4238-4120-4104 Nifty has support at 4451 (Thursday 's low).Below it could open 4311-4238-4120-4104

Technical Calls 23 July 2009

Our Buy call of RANBAXY on 16.07.09 at 255 is now 276. Book profit. (Part profit booked at 270 on 21/07/09). VENTURA

540 STOP LOSS BUY ON MOBILE ABOVE 610 532944 TARGET 740
SELL LIC BELOW 576- OPENS 561-540-492 STOP LOSS 590
BUY BUY GREAT OFFSHORE 532786 AT 425 TARGET 520 STOP LOSS 405

4448-4501 On Thursday 4448-4501 will be sell area.
Weak Markets will not cross 4468 .
4590-4693. Above 4501 Nifty could test 4557 (Wednesday 's high).Further it could open for 4590-4693.
4282-4214-4104 Nifty has support at 4380 (Wednesday 's low).Below it could open 4282-4214-4104

15010-15185 On Thursday 15010-15185 will be sell area.
Weak markets will not cross 15078.
15600-16000. Above 15185 Sensex could test 15369 (Wednesday 's high). Further it could open for 15600-16000.
14585-14391-14080-13717. Sensex has support at 14786 (Wednesday 's low). Below that we open for 14585-14391-14080-13717.

Technical calls 22 july 2009

22 July 2009

BSE SENSEX TUESDAY 15062-----DOWN 129-----What's in for wednesday Click here for more details

251 ABOVE BUY GE SHIPP TARGET 257-267 STOP LOSS 246 OR 244
Buy BGR cmp 351 Tgt 400, 420 Stoploss 315
Buy YESBANK cmp 155.80 Tgt 185 Stoploss 130
Buy TATASTEEL cmp 419 Tgt 445 , 447 Stoploss 387
Buy Suzlon cmp 93.90 Tgt 111 , 124 Stoploss 82
Buy HCC cmp 112 Tgt 118 , 129 Stoploss 103
251 ABOVE BUY GE SHIPP TARGET 257-267 STOP LOSS 246 OR 244

Sensex (15062) Res 15234-15600 & Sup 14763-14636-14498.
Nifty (4469) Res 4524-4601-4679 & Sup 4436-4381-4356.
NiftyFut (4473) Res 4508-4611-4703 & Sup 4438-4399-4339
BUY BAJAJ HIND (BSE CODE 500032) AT 170 FOR TARGET 190, STOP LOSS 158


4471-4479 On Wednesday 4471-4479 will be sell area.
Weak Markets will not cross 4471 .
4517-4693. Above 4479 Nifty could test 4509 (Tuesday's high).Further it could open for 4517-4693.
4282-4214-4104 Nifty has support at 4436 (Tuesday's low).Below it could open 4282-4214-4104

15076-15106 On Wednesday 15076-15106 will be sell area.
Weak markets will not cross 15076.
15600-16000. Above 15106 Sensex could test 15234 (Tuesday 's high). Further it could open for 15600-16000.
14585-14391-14080-13717. Sensex has support at 14955 (Tuesday 's low). Below that we open for 14585-14391-14080-13717.

Technical Calls 21 July 2009

21 July 2009

NOW IF SBI TRADES ABOVE 1750 OPENS 1840 STOP LOSS 1720-1705
BUY HEG 509631 ABOVE 225 TARGET 40 RS UP MOVE STOP LOSS 211
215 STOP LOSS BUY REDINGTON 532805 ABOVE 235 TARGET 247---256-267
538 ABOVE ALSTHOM POWER TRADES OPENS 650-----532309 STOP LOSS 490

BUY TULIP 532691 ABOVE 920 TARGET 1100 STOP LOSS 865

BUY TULIP 532691 ABOVE 920 TARGET 1100 STOP LOSS 865

1100 ABOVE BUY BEML 500048 TARGET 1300 STOP LOSS 1020 OR 1035

Nifty

A divergence is seen in Nifty.Below 4488 Nifty may correct to

4459-4444-4419.Strong Nifty will not breach 4419.Below 4419 we open for

4377-4282-4214-4105.

Buying should emerge at any of this 4282-4214 or 4105 levels.More down side

awaits below 4105 may test recent low 3918 and furthger.Strong mkts will not breach 4280 levels.

Strategy should be to Sell Nifty in rise or below 4488 and wait for above

mentioned correctives.4567 is a valid stop loss,becoz Nifty may show 4605 area above 4567.

Correction at this juncture would be healthy for the markets.

Buyers should be cautious in trading for a possible corrective fall.

1100 ABOVE BUY BEML 500048 TARGET 1300 STOP LOSS 1020 OR 1035
315 STOP LOSS BUY BGR ENERGEY 532930--- AT 330 TARGET 375
145 ABOVE BUY IDFC 532659 TARGET 160-165 STOP LOSS 135

Actually mkts have opened for 4567-4605-4700 but divergence seen in Nifty.So we cautious for intraday fall.Better for mkts if fall comes today.The more later it comes can be more fatal.Nifty may correct to 4459-4444-4419.Strong Nifty will not breach 4419.Below 4419 we open for 4377-4282-4214-4105.

ABAN OFF (523204) CMP (Rs 928;) Buy for target of 1002 with stop loss of 870.
IVRCL INF (530773) CMP (Rs 346;) Buy for target of 405 with stop loss of 328.
PARSVANATH (532780) CMP (Rs 91;) Buy for target of 101 with stop loss of 85.

15072-14966 On Tuesday 15072-14966 will be buy area.
Strong markets will not break 15031.
15600-16000. Above 15072 Sensex could test 15209 (Monday 's high). Further it could open for 15600-16000.
14443-14214-13846-13717. Sensex has support at 14854 (Monday 's low). Below that we open for 14443-14214-13846-13717.

4471-4442 On Tuesday 4471-4442 will be buy area.
Strong Markets will not cross 4442 .
4517-4693. Above 4471 Nifty could test 4509 (Monday 's high).Further it could open for 4517-4693.
4281-4214-4104 Nifty has support at 4411 (Monday 's low).Below it could open 4281-4214-4104

PUN NAT BANK 532461-------726

This stock had a gap support around 580 area.

The stock tested 715 area twice and took support of 580 area.

A higher bottom formation of 580 and 601 is proved when the stock closed above 712 today.

Immediate up move of the stock is 120 Rs for apprx target of 830.

If the stock keeps on trading above 715 area and does not break 580 levels this stock has a potential of 1100 Rs in coming days

Any falls should be used to buy the stock with 580 below two consecutive close stop loss.

Current move is two month accumulation break out and can straight away test 830 area in short run.

The stock is trading and consolidating between 350 and 700 since 2005.

Over a period of time the long term target of the stocks can be expected in the range of 1300-1400 Rs .

This is the right time to Invest in this stock as henceforth the stock will enter in volatile moves and the journey to 830-1100-1400 can be very much faster as it is an outperformer stock crossing Jan 2008 high of 717 of 21000 sensex at 15200 levels in current run.

Technical Calls 20 July 2009

203 ABOVE 210----223----240 OPENS SOBHA 532784 STOP LOSS 190
TATA COM (500483) CMP (Rs 490;) Buy for target of 533 with stop loss of 474.


14617-14475 On Monday 14617-14475 will be buy area.
Strong markets will not break 14563.
15097-15600. Above 14617 Sensex could test 14800 (Friday 's high). Further it could open for 15097-15600.
14192-14010-13717. Sensex has support at 14325 ( Friday 's low ). Below that we open for 14192-14010-13717

4328-4281 On Monday 4328-4281 will be buy area.
Strong Markets will not cross 4310 .
4479-4517. Above 4328 Nifty could test 4390 ( Friday 's high ).Further it could open for 4479-4517.
4208-4154-4067 Nifty has support at 4321 ( Friday 's low ).Below it could open 4208-4154-4067