Tuesday, November 16, 2010

Monday, November 15, 2010

Technical Analysis_15Nov10

Market may open flat to negative. We may see higher level selling which can be expected by noon. Selective buying can be seen in the later part of the day.

Sensex (20156)

Sensex has resistance at 20229, 20340 and 20440. Support at 20100, 20070 and 19938.

NIFTY (6071)

Resistance at 6085, 6102, 6120 and 6151. Support at 6051, 6031, 6016 and 6003.

RECOMMENDATIONS


1)    ICICI BANK (1200)

Support at 1195 below it may test 1182 and thereafter more selling is expected. Resistance at 1212 and 1228. (Sell at higher)

2)    SIEMENS (825)

The stock has resistance at 840 above 852. Support at 810 and 815. (Buy at lower)

3)    RELIANCE CAPITAL (784)

Support at 778 below it may test 771 and more (Sell at higher). Resistance at 790 above it can test 798.

4)    SONATA SOFTWARE (56.35)

Support at 55 and 53.5 (Buy for short term). Resistance at 58 above 61 and 65 above more buying can be seen.

5)     INFOSYS (2998)

Support at 2972 below more weakness expected (Sell at higher). Resistance at 3015 if moves up then it can test 3032.

DERIVATIVE STRATEGIES

BUY IOC MOTORS FUTURES AT 395

SELL RCOM FUTURES AT 173

Sunday, November 14, 2010

Stock Tips for 15th Nov'10

NSE - Intraday Stock Tips for 15th Nov'10

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Results for 12th Nov'10

Results for the Intraday NSE Stock Tips given for 12th Nov'10


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Friday, November 12, 2010

Technical Analysis_12Nov10

Markets may open with downside gap  and expected trade lower till noon. Selective buying can be seen in the second half. Overall trend remains sideways to negative.


SENSEX (20589)

Sensex has Resistance at 20782, 20825, 20901 . Support at 20547,20419,20389,20251.

NIFTY (6194)

Resistance at 6223, 6246, 6261.Support at 6160, 6140 and 6115

RECOMMENDATIONS


1) APOLLO (70.35)
   Support at 68.9 and 66.Resistance at 72.5 and 74.1

2) CIPLA (332)
   Resistance at 336. Support at 330,327 and 324(Sell at higher))

3) WIPRO (429)
   Stock is weak below 434. Support at 427, 425 and 421.(Sell at higher)

4) ICICI BANK(1237))
   Support at1231, 1225 and 1218.Resistance at 1245 and 1262 (Sell at higher)

5) RELIANCE CAPITAL(814)
   Resistance at 821. Above it can even test 825 and more. Support at 811 and 807. (Sell at higher)

DERIVATIVE STRATEGIES

  • SELL TATA STEEL AT 638
  • SELL DLF AT 349

Stock Tips for 12th Nov'10

NSE - Intraday Stock Tips for 12th Nov'10


















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Results for 11th Nov'10

Results for the Intraday Stock Tips given for 11th Nov'10


Thursday, November 11, 2010

Stock Tips for 11th Nov'10

Intraday Stock Tips for 11th Nov'10

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Wednesday, November 10, 2010

Technical Analysis_10Nov10

Markets may open with a downside gap and is expected to trade sideways. Higher level selling is expected.
Sensex (20932)
Sensex has resistance at 21042. Support at 20881, 20797 and 20736.
NIFTY (6301)
Resistance at 6325, 6331 and 6344. Support at 6280, 6265 and 6240.
RECOMMENDATIONS
1)    PANACEA BIOTEC (217.6)
Support at 214 and 209. Resistance at 219 above it can test 224 and 236. (Buy at declines for short term)
2)    ICRA (1443.85)
The stock has resistance at 1460 above 1485 and 1503. Support at 1420 and 1405 levels. (Buy at lower)
3)    SUJANA TOWER (190.35)
.     Support at 183 and 175 (Buy for short term). Resistance at 192 and 197 above it can test 205 and more.
4)    HINDALCO (231.7)
Support at 227 and 223 levels below more selling is expected. Resistance at 235 above 240.

5)     LAKSHMI OVERSEAS (84.3)
   Support at 80 and 76.75 levels (Buy at declines). Resistance at 88 if moves up then it can test 93 and 99.

DERIVATIVE STRATEGIES
SELL HINDALCO FUTURE AT 240

Monday, November 8, 2010

Technical Analysis_08Nov10

Market may open with an upside gap and is expected to trade higher. Minor profit booking can be seen throughout the day.

Sensex (21004)

Sensex has resistance at 21063, 20243 and 20394. Support at 20881 and 20748.

NIFTY (6312)

Resistance at 6328, 6336 and 6361. Support at 6295, 6286, 6270 and 6244.

RECOMMENDATIONS

1)   CIPLA (352.95)

Support at 349.9 and 345. Resistance at 355 if moves up with volumes then it can test 359 and 362. (Buy at declines)

2)    ONGC (1379)

The stock has resistance at 1386 above 1405 and more. Support at 1368 and 1359 levels. (Buy at declines)

3)    CAIRN (332)

Support at 328 and 253 (Buy at declines). Resistance at 265.5 above it can test 338, 343 or more.

4)    VIDEOCON INDUSTRIES (262)

Support at 258 and 120.85 levels. Resistance at 265.5 above 271 and 278 and more. (Buy at declines).

5)     TISCO (623.55)

Support at 618 and 613 levels (Buy at declines). Resistance at 628 if moves up then it can test 631 and 636.


DERIVATIVE STRATEGIES
BUY CAIRN FUTURE AT 328

SELL BPCL FUTURE AT 768