THURSDAY PICS 31-12-09

KEEP WATCH ON GREAT OFFSHORE,HDFC BANK,JINDAL STEEL.
ONLY 2 CALLS
(1)GMDC:AT 153.50 FOR TGT OF 157-158 SL DAY LOW.
(2)POLARIS:ABV 187 TGT 190.5-192 SL 184.
NOTHING MUCH TOO WRITE ABT NIFTY AS I ALREADY MENTIONED IN POST MARKET REPORT.
HAPPY TRADING

POST MARKET REPORT 30-12-09

TODAY LIKE YESTERDAY CHOPPY,FLAT,SOMEWHAT DRY TRADING STRIP BAND OF 5160-5197.SO NEW HIGH FEELING A BIT PRESSURE ON UPPER SIDE.LOWER SIDE IS DEFINATELY FAVOURITE FOR MANY TRADERS AS MARKET IS TRADING AT SOME HIGH POINT OF THE DAY.

LOOK LIKE IT MAY REMAIN FLAT,BUT U NEVER KNOW AS ON THURDAY,AN EXPIRY DAY NOTHING WORKED AS PER TECHNICAL OR AS PER ONE'S GUESS.IT WILL BE HIGHLY VOLATILE & WILL SEE BULL-BEAR FIGHT IN NOON SESSION.TOMORROW BREACH OF 5155-60 BAND DEEP DOWN TO 5130 OR MORE TO FAVOURABLE LEVEL 5100 & UP SIDE AS U SEE THOSE LEVEL LIKE 5182,5197 & YEAR HIGH.

SO BETTER TO SIT ASIDE SEE THE BATTLE OF CAPITAL MARKET & WATCH WHERE TRACER BULLET FIRES BY BULL OR BEAR.HAVE A NICE TIME & HAPPY NEW YEAR 2010 IN ADVANCE.

WEDNESDAY PICS 30-12-09

AGAIN NOTHING MUCH TO WRITE ABOUT NIFTY UNTILL IT CROSSES 5230-33 BAND.DOWNSIDE 5150-40 TO UPSIDE 5120-30.FLAT BAND WITH VOLATILE MOVE.DO UR WORK AS PER WHAT I WROTE YESTERDAY IN PICS REPORT.NIFTY MAY SURPRISE BY THE WAY.THATS MY BELIEF.SOME OF THE PICS ARE:
(1)UNITED PHOS:ABV 172.5 TGT 176-77 SL DAY LOW
(2)INFOSYS:ABV2600 TGT 2620-25 OR MORE SL 2680
(3)RELIANCE:ABV 1083 TGT 1090-1092----BLW 1077 TGT 1070-1068
(4)NIFTY FUTURE:ABV 5205 TGT 5025-5238-----BLW 5185 TGT 5166-5154.
ALSO KEEP WATCH ON INDIA CEMENT MAY GO UPTO 127-28.
HAPPY TRADING.

POST MARKET REPORT 29-12-09

ON TUESDAY,MARKET HAS NOTHING TO GAIN OR LOSE KIND OF MOVE.THOUGH IT WAS RANGEBOUND,GIVING A GOOD SIGNAL OF GOOD & THUMPING END OF THIS YEAR BY ITS RISING MOVE WHICH WAS STARTED IN LAST WEEK.BULL MAY NOT LEAVE THIS GOLDEN OPPERTUNITY OF THESE LAST TWO DAYS OF YEAR-2009.POSSIBLY WANT TO CLOSE THE YEAR TO ATLEAST SOME POSITIVE HIGH LEVEL.F&O EXPIRY ALSO FALL TO LAST TRADIND DAY OF THIS YEAR.MAY SURPRISE MANY OF US.FINANCIAL COMMISSION REPORT ON 30TH DEC..ALSO CLOSELY WATCH ON OUTCOME OF THAT REPORT.MAY GIVE SOME IMPACT TO SENTIMENT OF MARKET(UP OR DOWN?UR GUESS?).WELL U DONT HAVE TO FED UP WITH THIS CHOPPY MOVE BCOZ ITS A GOOD SIGN FOR NEAR TERM AS IT MAY GIVE VICTORY TO UR PATIENCE.NOWADAYS,WITH MONEY UR PATIENCE IS ALSO A KIND OF INVETMENT.SO HOLD UR NERVES WITH HOPING FOR THE POSITIVE TURNAROUND.

TUESDAY PICS 29-12-09

MARKET'S INITIATIVE ON TUESDAY WILL DEPEND ON CO-OUTCOME OF US & ASIAN MARKET.HOPE,ATLEAST ASIAN MARKET CORRECT A BIT,SO WE CAN TAKE INTRADAY LONG POSITION.IF IT OPENS GAP DOWN AROUND 5150 LEVEL,THEN IT CAN BOUNCE FROM THERE TO 5180 LEVEL & IF TRADES CONTINUOUSLY ABV THAT THEN IT MAY GO UPTO 5207 LEVEL.REVERSE THE TREND IF IT OPENS AROUND 5202-07LEVEL.SOME PICS ARE:
(1)CROMPTON GREAVES:ABV 425 TGT 430-32 WEAK BLW 421
(2)TATA MOTORS:ABV 783.5 TGT 790-92 OR MORE----BLW 776 TGT 769-67 OR LESS
(3)RANBAXY:ABV 522 TGT 527-528----BLW 517 TGT 512-511
(4)KOTAK BANK:SELL BLW 802.5 TGT 794-92 STRONG ABV 812.
(5)NIFTY FUTURE:ABV 5192 TGT 5210-5225----BLW 5175 TGT 5155-5140.IF IT OPENS GAP UP OR DOWN THEN FIGURE OUT THE TRND IDEA ABT SHORT OR LONG.5155-40 LEVEL GOOD FOR LONG & 5207-5215(IF NOT SUSTAINED)GOOD FOR DAY REVERSAL.
ALSO KEEP AN EYE ON CENTURY TEXTILE ABV 510 FOR MOVE UPTO 515-517 MARK.
IN ALL ABV STOCKS DONT JUMP IN OPENING 2-3 MINUTES.LET IT SETTLE & DO WORK AS PER LEVEL.
HAPPY TRADING.

DELIVERY DESK FOR YEAR 2010

ONE CAN INVEST IN THOSE STOCKS WHICH ARE NOT AT THEIR BEST COMAPRED TO SENSEX OR NIFTY RISE:
BITTEN STOCKS LIKE  BHARTI,CENTURY TEXTILE,REAL ESTATE COUNTERS(DLF,HDIL,UNITECH),ESSAR OIL, LEAST VALUE COUNTER LIKE ISPAT LOOK GOOD FOR INVESTMENT.SOME MIDCAP BANKS ALSO LOOK GOOD(UNION BANK,YES BANK,DENA BANK,ALLAHABAD BANK).
 IN MIDCAP ZONE GREAVES COTTON,ALSTOM PROJECT.PATEL ENGINEERING,EDSERVE,TEXMACO,NIIT LTD.,APTECH LOOK GOOD.
IN SMALL CAP WINDSOR MACHINES,SURYACHAKRA POWER & SNL BEARING ARE THE STOCK TO LOOK FOR.SOME PHARMA COUNTERS LIKE BIOCON,DABUR,,ORCHID LOOK GOOD.
IN IT-SECTOR PRAJ,ROLTA,POLARIS,HEAVYWEIGHT INFOSYS,WIPRO,TCS(AT SOME CORRECTION)
LOOK GOOD FOR SHORT TO MEDIUM TERM.
HAPPY INVESTING YEAR AHEAD.

POST MARKET REPORT 24-12-09

NIFTY IN ADVANCE WISHED EVERYBODY A HAPPY & VIBRANT X'MAS WITH ITS CONSIDERABLE UP JOURNEY.CONTINUED ITS UPMOVE WITH BIT PAUSE. AS I CLEARLY MENTIONED WITH MY TRIVIA & THOSE WHO FIGURED OUT,MINTED MONEY FOR NEW YEAR CELEBRATION.THE PAST WEEK BROUGHT THE GOLDEN TIME FOR LONG TRADERS AS IT SURPASSED ALL THE HURDLES,REACHED TO THE TOP OF THE YEAR. I M STILL BULLISH FOR REST OF THE REMAINING DAYS OF THE MONTH & EYEING FOR ATLEAST 5280-90 MARK.DESIPTE THE WEAK ROLL-OVER,OUR MARKET HAS ENOUGH STRENGTH FOR ACHIEVING THE MENTIONED LEVEL. IN THIS FESTIVE X'MAS TIME,WE SHOULD EXPECT TO HAVE CONTINUE GREEN ZONE FOR NEXT THREE TO FOUR MONTHS & HOPE THAT IT SHOULD ATLEAST TOUCH THE 20000+ MARK(SENSEX WISE). THERE R MANY REASONS FOR ACHIEVING THIS MARK COZ INDIA RECOVERED NICELY FROM RECESSION,RISE IN TAX COLLECTION,GOOD GDP(AROUND 8%),GOOD CORPORATE RESULTS & SPEEDY DISINVESTMENT THOUGHT,ALL TOGETHER MADE A VIABLE SCENARIO FOR MARKET.LETS HOPE AT THIS POINT OF TIME THAT OUR MARKET REACH TO NEW HIGHS BY OVERCOMING ALL THE ADVERSITIES,GIVE SMILE & CONFIDENCE BACK TO INVESTORS.MERRY X'MAS ONCE AGAIN TO ALL.

THURSDAY PICS 24-12-09

LAST TRADING DAY OF THIS WEEK AS TOMORROW MARKET WILL REMAIN CLOSE.SO DONT CARRY TOO MUCH OF THE OVERNIGHT POSITION FOR NEXT WEEK AS THERE WILL BE HOLIDAY ON MONDAY ALSO.INFLATION FACTOR MAY PAUSE THE MARKET A BIT,BUT LOOK LIKE IT MAY CONTINUE ITS UPMOVE & MAY TEST THIS MONTH HIGH ALSO.SOME OF THE PICS ARE :
(1)OPTO CIRCUIT:ABV 230 TGT 234-36----BLW 225 TGT 220-19
(2)NAGARJUNA CONST.:ABV 161.5 TGT 165-66----BLW 158.5 TGT 155-54
(3)TATA POWER:IF CROSS 1355 GO FOR BUY TGT 1365-70 SL 1346
(4)ABAN:ABV 1241 TGT 1252-54 SL 1233----BLW 1220 TGT 1205-1198 SL 1230
(5)NIFTY FUTURE:WILL NIFTY CLEAR 5190 OR 5200?????DECIDE THE TREND & THEN WORK FOR IT.ITS JUST A TRIVIA.
HAPPY TARDING & MARRY X'MAS.

POST MARKET REPORT 23-12-09

NO WORDS ABT THIS GREAT & UNEXPECTED BOUNCE.REALLY AMAZING,TRAPPED EVERY SHORT FORECATERS.NIFTY LAUNCHED ITS MISSILE & NEVER LOOKED BACK THROUGH OUT THE DAY.CROSSED ALL THE RESISTANCE WITH EASE.POSITIVE GLOBAL FACTORS ALONG WITH DISINVESTMENT IDEA DROVE THE MARKET CRAZILY & GAVE THUMPING VICTORY TO BULL FOR THE MOMENT.LOOK LIKE ITS"HAPPY NEW YEAR"IN ADVANCE FOR INDIAN MARKET. NOW QUESTION IS,AFTER THIS GOOD UPMOVE WILL IT GO UP BY CROSSING EARLIER HIGH 0F 5181+ & EXTEND ITS MOVE OR NOT????? I THINK THE WAY IT MOVED & COVERED WHAT IT LOST IN PAST FEW DAYS,IT HAS A GOOD STRENGTH TO GO ATLEAST UPTO 5250,AS BY CROSSING 5181+ LEVEL MANY SIDELINE BULL TRADERS WILL JUMP IN & MARKET GET GOOD MONEY FLOW FROM FUND HOUSES AS WELL.I EXPECT IT MAY CATCH 5250 BY DECEMBER EXPIRY. .YOU MAY SEE SOME PAUSE OR MILD CORRECTION IN BETWEEN,
BUT TREND MAY BE SKYWARD.

WEDNESDAY PICS 23-12-09

ON TUESDAY,TRADING WAS HALTED & NIFTY WAS STANDSTILL,LOOKED A TOUGH CLIMBING TO CROSS 4990 THROUGHOUT THE DAY.SO NOT A FEASIBLE TRADING FRIENDLY ENVIRONMENT FOR TRADER YESTERDAY.LOOK LIKE THE SCENARION WILL BE SAME AGAIN TODAY & MARKET MAY MOVE WITH ITS OWN BOUND RANGE.SO TRADE LESS & GET OUT EARLY AS IN NARROW BAND U MAY SEE A LOT OF VOLATILITY.SOME OF THE PICS ARE:
(1)MARUTI:ABV 1532 TGT 1540-43----BLW 1526 TGT 1518-16
(2)SIEMENS:ABV 551 TGT 555-56----BLW 545 TGT 540-38
(3)SUN PHARMA:ABV 1510 TGT 1521-23 SL 1500
(4)TECH MAHINDRA:ABV 996 TGT 1003-04----BLW 992 TGT 986-84
(5)NIFTY FUTURE:BUY ABV 5018 FOR TGT OF 5035-45 WITH STOP AT 5005.SHORT AROUND 5005 WITH STOP AT 5015 FOR TGT OF 4085-75. 0R SHORT AROUND 4990 LEVEL WITH STOP AT 5010 FOR TGT OF 4968-58.
ALSO KEEP AN EYE ON DECCAN CHRONICLE ABV 161 FOR TGT OF 165-67(WEAK BLW 157) & TATA MOTORS BLW 720 FOR 716-14(STRONG ABV 726).ALSO WATCH SOME OIL COUNTERS LIKE HPCL/BPCL/IOC.
HAPPY TRADING

POST MARKET REPORT 22-12-09

MARKET WAS VERY CHOPPY AFTER OPEN & MOVED IN VERY NARROW RANGE OF 30+ POINTS ONLY. NEITHER BROKE THE RESISTANCE  NOR THE SUPPORT & HENCE KEPT THE TRADER CONFUSED ABT ITS MOVE.MARKET MOVE WASN'T SUCH THAT BEAR THINK ABT COVERING WHAT THEY SHORT,WHICH MEANS THAT MARKET IS STILL IN THE BEAR GRIP OR WE SHOULD SAY IT'S A RELIEF UPMOVE IN THE BEAR ZONE  BULLS CANT SMILE UNTILL IT BREAKS THE 5010 MARK & MOVE TOWARDS 5040-5070 BAND. HOPE MARKET GIVES SUCCEFUL CROSSOVER TO THAT LEVEL OTHERWISE WE CAN STILL SEE THE SAME CHOPPY TREND FOR REST OF THE WEEK OR MONTH . FOR WEDNESDAY IT MAY EXPERIENCE RESISTANCE AROUND 5010 LEVEL,IF THAT MARK WONT BE CROSSED THEN SHORTING WILL BE THE BEST IDEA OR CAN GO LONG ON SUSTAIN OF THE 5010 MARK.

TUESDAY PICS 22-12-09

MARKET'S INTIAL STAGE WILL ENTIRELY DEPEND UPON ASIAN MARKET'S OUTLOOK.IT MAY OPEN IN SUCH A ZONE,FROM WHERE IT CAN BOUNCE SOMEWHAT ON INTRADAY BASIS,BUT IN THE NOON TIME MAY GIVE SOME OF THE DOWN JERK POSSIBLY.IF 4938-4920 BAND SURVIVE IT MAY GO UP.SO INTRADAY TRADER CAN USE THAT BOUNCE EARLY & GET OUT NEAR TODAYS HIGH OR ATLEAST AROUND 4990 LEVEL.SOME OF THE PICS ARE: (1)SBI:ABV 2153 TGT 2163-65----BLW 2143 TGT 2133-31
(2)ACC:ABV 860 TGT 867-69----BLW 851 TGT 844-42
(3)TCS:ABV 735 TGT 740-42----BLW 727 TGT 721-19
 (4)LIC HOUSING:ABV 770 TGT 776-78----BLW 765 TGT 759-57
 (5)NIFTY FUTURE:ABV 4953 TGT 4975-90(ADJUST SL)----BLW 4920 TGT 4910-4890.(ONE CAN BUY NIFTY AT OPENING AROUND 4930 LEVLE IT MAY GO UP TO 4980 LEVEL).
ALSO KEEP AN EYE ON GOA CARBON ABV 117 FOR 122(WEAK BLW 113.5) & RELIANCE ONLY ABV 1030 FOR 1040-43(WEAK BLW 1012).
HAPPY TRADING.

POST MARKET REPORT 22-12-09

NIFTY ALSO BROKE 4950 BUT WITH LOW VOLUMES,AS THIS IS THE CONTINUOUS DOWN MOVE SINCE NIFTY MADE HIGH OF 5180+.AS IT MOVES DOWN,WE HAVE TO GIVE ATTENTION TO THOSE LEVEL WHICH CAN SERVE AS SUPPORTS.LOOK TO 4920-4880 TILL 4830.BUT I THINK BULL MAY SURVIVE ABV 4920 LEVEL,ATLEAST FOR TOMORROW OR TILL X'MAS.MARKET MAY BOUNCE WITH THE HELP OF BANK,REALITIY,INDEX HEAVY RELIANCE & AUTO.MAY GO TOWARDS 4980 TO 5010 MARK.IT MAY SURPRISE ANYBODY,BUT I THINK IT MAY REMAIN BETWEEN 4900-5070 AS I ALREADY MENTIONED EARLIER.LOOK FOR BITTEN STOCK LIKE SBI,AXIS BANK,AUTO HEAVY,REALITY SECTOR WHICH MAY PAY U IN FEW DAYS TIME.

MONDAY MAGIC 21-12-09

MARKET MAY SURPRISE TO US BY OPENING GAP UP IN THE MORNING,DEPITE THE FACT THAT THERE WILL BE MORE POSSIBILTY OF GAP DOWN OPENING.LETS SEE WHICH WAY IT MOVES.IF IT OPENS & CROSS 5002 MARK,SUSTAINS THERE THEN IT MAY GO UPTO ATLEAST 5030-35 LEVEL.IF IT WILL DOWN TO 4960-50 THEN MAY BOUNCE TOWARDS 5002 LEVEL.SO WATCH THE TREND & WORK ACCORDINGLY. SOME OF THE PICS ARE:
(1)JSW STEEL:ABV 985 TGT 993-95----BLW 978 TGT 966-64
(2)RELIANCE:ABV 1012 TGT 1023-25----BLW 1000 TGT 992-90
(3)KOTAK BANK:ABV 775 TGT 781-83----BLW 770 TGT 764-62
(4)WIPRO:SELL BLW 670 TGT 664-63 SL 674
(5)NIFTY FUTURE:ABV 4996 TGT 5010-25-40----BLW 4975 TGT 4960-4944.(U CAN BUY NIFTY IN DIP OR SELL AT HIGH ALSO)IF MARKET OPEN GAP UP OR GAP DOWN THEN FIRST LET IT SETTLE FOR 10 MINUTES THEN WORK ACCORDING TO LEVEL.
HAPPY TRADING.

WEEKLY PICS 21-12-09 TO 24-12-09

ONLY FOUR TRADING DAYS IN THIS WEEK.AS ON FRIDAY FOLLOWED BY MONDAY NEXT WEEK,MARKET WILL REMAIN CLOSE.SO TAKE POSITION FOR SHORT TARGET & GET OUT OF UR POSITION AS EARLY AS POSSIBLE IF U GET SOMEWHAT HANDY PROFIT.SOME OF THE STOCKS THAT U CAN WATCH WHICH ARE:
(1)ESSAR OIL:ABV 141 TGT 145-49 SL 137----BLW 135 TGT 130-127 SL 139
(2)TATA MOTORS:ABV 732 TGT 748-51 SL 724----BLW 706 TGT 690-85 SL 713
(3)TATA STEEL:ABV 567 TGT 575-78 SL 561----BLW 550 TGT 542-38 SL 555.
IN NIFTY FUTURE I HAVE ALREADY MENTINOED ABT ITS STRATEGY IN POST MARKET REPORT.
HAPPY TRADING

POST MARKET REPORT 18-12-09

MARKET BROKE 5000 LEVEL & ALOMST CLOSED AROUND PIVOTAL POINT 4980.MARKET IS GRADUALLY COMING INTO OVERSOLD ZONE.WATCH 4950/4915 LEVEL.IN THIS OVERSOLD TERRITORY,CHANCES R MORE FOR BOUNCING OF NIFTY FROM 4940/4950 LEVEL.
SEVEN TRADING DAYS REMAIN OF DEC. EXPIRY AS TWO HOLIDAYS IN BETWEEN.SO DONT CARRY TOO MUCH OF OVERNIGHT POSITION AS LONG BREAK BETWEEN TRADING DAYS.CONDITIONS CAN SHARPLY TAKE U-TURN SO U MAY TRAP IN ANY DIRECTION.
WEEK AHEAD,U CAN GO LONG IF NIFTY COMES TO 4920-40 LEVEL WITH MUST EXIT POINT AROUND 4880 OR BREAKING OF 4880 LEVEL GO SHORT FOR ATLEAST 26TH NOV. LOW I.E. 4808 OR LESS.
MARKET WILL ONLY BE GOOD IF IT CLOSE & MAINTAIN ITS MOVE ABV 5080.IF MARKET WONT CROSS 5080 MARK THEN DEFINATELY GO SHORT.CHANCES ARE MORE THAT MARKET MAY BE IN THE RANGE OF 4900-5050/5080.
HAPPY TRADING WEEK AHEAD.

FRIDAY FEAST(18-12-09)

MARKET MAY OPEN LIKE WHAT IT DID TODAY,SO TRADE LONG WITH A VIEW TO EXIT AROUND LOW OF LAST 2 DAYS OR UPTO 4995.SAME IS THE CASE FOR UPSIDE,IF IT WON'T BREAK 5070 THEN WITH EXIT AROUND 5085 U CAN DOWNGRADE THE MARKET.SOME OF THE PICS ARE AS:
(1)CROMPTON GREAVES:ABV 423 TGT 429-31----BLW 416 TGT 411-409
(2)BHEL:ABV 2336 TGT 2351-2356----BLW 2328 TGT 2317-2311
(3)HDIL:ABV 352 TGT 357-59----BLW 347 TGT 342-40(4)JINDAL STEEL:ABV 715 TGT 721-23----BLW 711 TGT 705-04
(5)NIFTY FUTURE:ABV 5045 TGT 5068-78----BLW 5031 TGT 5018-5004.
ALSO KEEP AN EYE ON TODAY'S PIC JET AIRWAYS BLW 547 GO DOWN TO 542-40.STRONG ABV 553
.HAPPY TRADING

POST MARKET REPORT 17-12-09

YESTERDAY I CLEARLY WROTE TO BUY AROUND 5018 OR TO SELL AROUND 5070.AS IT WAS THE CASE TODAY,MARKET MOVED BETWEEN THE RANGE OF 5000+ TO 5070,BUT MOVED WITH LOTS OF VOLATILITY IN NARROW BAND LIKE LAST WEEK.HERE THE RANGE IS 5000-5070 AS COMPARED TO LAST WEEK'S RANGE 5090-5150.NOW,WHAT NEXT?WILL IT GO BEYOND THIS RANGE OR BREAK THIS RANGE?IN MARKET CONTINUOUSLY CLOSE ABV 5000 MARK FOR SOME DAYS THEN WE CAN SEE 5200+ MARK POSSIBLY,BUT IF IT BREAKS & CLOSE BLW THE PIVOTAL POINT 4990 THEN WE MAY SEE THE LOW OF 26TH NOV. I.E.AROUND 4800 LEVEL.SO WATCH THE LEVEL & WORK ACCORDING TO IT.

IF NIFTY OPENS TO 5018 MARK & SUSTAIN ABV THAT FOR SOME TIME THEN,SURE GO FOR BUY,IF IT OPENS NEAR TO 5070 MARK & UNABLE TO CROSS 5070 MARK THEN GO SHORT WITH STOP AT 5085 MARK.
BE CAUTIOUS BLW OR ABV MENTIONED MARK.NIFTY MAY REMAIN FLAT FOR MOST OF THE TIME POSSIBLY,BUT IT CAN CHANGE ITS COURSE VERY QUICKLY.LOTS OF VOLATILITY.TRACK THE TREND.SOME OF THE PICS ARE AS:
(1)EDUCOMP:ABV 718 TGT 724-726----BLW 714 TGT 710-708
(2)JET AIRWAYS:BUY ABV 558 TGT 564-565----BLW 547 TGT 542-540
(3)TECH MAHINDRA:ABV 994 TGT 999-1002----BLW 989 TGT 982-980
(4)ORACLE FINANCE:ABV 2205 TGT 2227-2232 SL 2185 
(5)NIFTY FUTURE:ABV 5045 TGT 5070-5083----BLW 5028 TGT 5012-4998.
HAPPY TRADING

POST MARKET 16-12-09

MARKET MANAGED TO CLOSE ABV 5000 MARK ,THE LAST HOUR RECOVERY GAVE THE THUMPING POWER TO BULL.TODAY BULLS R IN GOOD MOOD TO MAKE ALL THE GUNS BLAZING PREVENT BEARS TO DRAGG NIFTY MUCH BLW TO 5000 LEVEL.IF UP MOVEMENT MAINTAINS 5070 MARK WITH SUBSTANTIAL VOLUME & IF IT BRECHES THE TRENDLINE 5090 THEN WE MAY SEE SOME SHORT COVERING. ON THE CONTRARY,IT BEARS ATTACK WITH FULL FORCE & DRAGG IT DOWN TO 5000 MARK THEN THEY WILL TAKE IT BACK TO 4940-SUB LEVEL.
BRIEFLY,MARKET IS AT 5050 NIFTY(50/50 JUNCTION). SOMEGOOD NEWS ALONG WITH BANK STOCKS & NIFTY HEAVYWEIGHT RELIANCE WILL DECIDE ITS NEXT MOVEMENT.

WEDNESDAY PICS 16-12-09

FOR TODAY,IF NIFTY BREAKS THE 5015 MARK THEN IT MAY COME DOWN TO ITS PIVOTAL POINT 4990-4980,I THINK ONE CAN BUY HERE IN SMALL QUANTITY OR OTHER POSSIBILITY IS TO SELL AT HIGH.DEPENDS IN WHICH WAY MARKET HEAD INITIALLY.DECIDE THE TREND & WORK AS PER LEVEL.SOME OF THE PICS ARE AS FOLLOWS:
(1)LIC HOUSING:ABV 788 TGT 794-796-----BLW 783 TGT 778-775
(2)M&M:ABV 1019 TGT 1028-1030----BLW 1009 TGT 1001-997
(3)ACC:ABV 852 TGT 858-860----BLW 845 TGT 839-837
(4)SIEMENS:ABV 558 TGT 563-65----BLW 554 TGT 549-547
(5)NIFTY FUTURE:ABV 5045 TGT 5063-5078----BLW 5017 TGT 4998-4984
ALSO LOOK FOR RELIANCE BLW 1043 MAY GO DOWN TO 1034,30.STRONG ABV 1060.
HAPPY TRADING.

POST MARKET 15-12-09

AT LAST,BULL'S ATTEMPT TO GEAR UP NIFTY TO TOP WAS GIVEN UP & THE EFFECTIVE TRENDLINE NEAR 5090 WAS BROKEN WITH SUBSTANTIAL VOLUME WHICH BROUGHT THE MARKET DOWN BLW 5050 MARK.SO WHERE CAN IT STOP ITS DOWN JOURNEY?LOOKS LIKE,4990 WHICH IS THE INTERMEDIATE PIVOTAL POINT,IF IT HOLDS THEN WE MAY SEE SOME OF THE RELAXATION,BUT HIGHLY UNLIKELY AS IF IT WILL BE BROKEN THEN LAST HOPE FOR BULL WILL BE 4938-30.I THINK THE RETRACEMENT THEORY MAY ALSO SUPPORT THAT FOR RANGE OF 4540-5181 BAND.LOOK TO BE A SOMEWHAT NERVY TIME FOR MARKET AS IT IS NOT CROSSING THE UPMARK & MOST OF THE TIME FELL BACK TO DOWN LEG.AS I ALREADY TOLD U THAT CORRCTION IS ALWAYS VERY GOOD FOR MARKET'S GOOD HEALTH AS IT MAY WASH SOME WEAKER SECTION OF THE MARKET.BE ADVANCE IN TREND,TREND WILL FOLLOW YOU.ACCUMULATE SOME BITTEN PARTY & HOLD AS IT WILL PAY YOUAT SOME POINT OF TIME.

TUESDAY THUNDER 15-12-09

SOME OF THE PICS ARE AS FOLLOWS:
(1)SIEMENS:ABV 565 TGT 570-72----BLW 561 TGT 561 TGT 556-55
(2)RELIANCE:ABV 1067 TGT 1074-78-----BLW 1061 TGT 1055-51
(3)LUPIN:ABV 1451 TGT 1461-63----BLW 1440 TGT 1428
 (4)WIPRO:BUY ONLY ABV 662 TGT 667-68 (SL ADJUST TO DAY LOW)
(5)NIFTY FUTURE:ABV 5114 TGT 5132-5144-55----BLW 5101 TGT 5083-5070.
HAPPY TRADING.

POST MARKET 14-12-09

IF YOU R OUT OF THE TOWN,DIDNT INTERACT WITH THE MARKET FOR PAST 10 DAYS & IF U SEE NOW THE SAME LEVEL U CAN SEE I.E.5090-5150.SO MARKET KAHIN PE NAHIN GAYA,BAS THAK GAYA HAI,SAANS LE RAHA HAI!!!!HAHA.CONSOLIDATION IS ON,SHOULD BRAKE UP OR DOWN LEVEL,OTHERWISE WEAKER SECTION ALWAYS SELL AT HIGH & OPPERTUNIST ALWAYS BUY AT LOW.VERY VERY NARROW RANGEBOUND MARKET.AS I HAVE ALREADY MENTINOED THE RANGE,NEITHER SIDE TOUCH & BREAK THE LEVEL.AT THE BEGINNIG OF THE MONTH I ALSO WROTE ABT THIS FLAT RANGEBOUND TYPE OF MARKET WITH SOME POSITIVE BIAS & DID EXACTLY LIKE THAT.ALREADY MENTIONED THE LEVEL FOR BULL & BEAR PARTY IN MY YESTERDAY'S MARKET REPORT.BIG BROTHERS OFTEN ARRIVE AT 5160-70 LEVEL & DRAGG THE MARKET DOWN MAKING IT IN ALL POSSIBLE RANGBOUND TREND.

MONDAY MARKET'S BEHAVIOUR DEPENDS ENTIRELY ON ASIAN MARKETS AS DOW CLOSED FLAT.ASIAN MARKETS MAY TURN NEGATIVE ALONG WITH SGX NIFTY BEFORE INDIAN MARKET OPENING,CHANCES ARE MORE TO OPEN SLIGHT GAP DOWN FOR OUR MARKET.WATCH 5080 CLOSELY ,IF IT BREAKS THEN WE MAY SEE SOME PANIC,BUT MAY BOUNCE FROM THAT LEVEL ALSO.
SOME OF THE PICS ARE AS FOLLOWS:
(1)LIC HOUSING:ABV 813 TGT 822-24----BLW 808 TGT 800-797
(2)ACC:ABV 821 TGT 829-32-----BLW 813 TGT 806-804
(3)ABAN:ABV 1241 TGT 1249-51----BLW 1220 TGT 1205-1198
(4)GRASIM:ABV 2405 TGT 2416-20----BLW 2394 TGT 2385-81
(5)NIFTY FUTURE:ABV 5120 TGT 5144-61----BLW 5103 TGT 5078-59.
ALSO KEEP AN EYE ON CANARA BANK BLW 396 IT MAY GO DOWN TO 391-89,STRONG ABV 402.
HAPPY TRADING

WEEKLY PICS 14-12-09 TO 18-12-09

I FEEL MARKET IS STILL IN GOOD SHAPE DESPITE THE FACT OF ITS UNABILITY TO CROSS 5181 LEVEL FOR MORE THAN ONCE.WEEK AHEAD,IF NIFTY FALL BLW 5070 LEVEL,ITS TIME TO GO SHORT,IT MAY COME DOWN TO 4980-4960 & ABV 5150,SHOULD REACH 5181,CONDITION TO CROSS 5202 LEVEL MAY TEST 5290 SURELY.SO ITS A BIG BAND TO WORK IN THE MARKET WEEK AHEAD.SOME OF THE PICS ARE AS UNDER:
(1)NIFTY FUTURE:ABV 5150 TGT 5185-5202-5252 SL 5118----BLW 5081 TGT5048-5030-4980 SL 5112
(2)HDIL:ABV 349 TGT 358-363----BLW 337 TGT 330-324-319
(3)AXIS BANK:ABV 1028 TGT 1039-1045-1054 SL 1018----BLW 1001 TGT 992-84-70 SL 1012
(4)RELIANCE:ABV 1084 TGT 1097-1104-1116----BLW 1061 TGT 1046-1034
(5)RELCAP:ABV 857 TGT 867-873 SL 849----BLW 837 TGT 826-821 SL 845.
HAPPY TRADING

EYE-OPENING ISSUE OF IIP NO. 13-12-09

DEAR INVESTOR & TRADER,ON FRIDAY,THE DAY OF DECLARING IIP(INDEX OF INDUSTRIAL PRODUCTION)NO.,AS THEY DECLARED ROUND ABT 12 O'CLOCK,MARKET EXPERIENCED A BIG BLOW OF 100 NIFTY POINTS.WHO WAS RESPONSIBLE FOR THIS,AS DATA WASN'T THAT POOR(SOMETHING LIKE 9.5% FROM 9.1%),BUT NOT UPTO THE MARK ACCORDING TO ESTIMATED MARK OF THOSE SO-CALLED VALUER CNBC-TV PEOPLE.THEY RAISED THEIR VOICE & SAYING THAT NO. IS POOR,SO PEOPLE(80-90%)WATCHED THAT(MOST PEOPLE HAVE GOOD CONFIDENCE IN THAT MEDIA,WHY??) & THEN WHAT HAPPENED U KNEW ABT IT.THEIR ESTIMATED NO. WAS SOMETHING LIKE 12.5% WHICH CANT BE POSSIBLE FROM ITS PREVIOUS DATA OF 9.1%WE KNOW,INDIA IS A GROWING COUNTRY,BUT MoM THE GROWTH CAN BE SLOW & STEADY.IT CANT JUMP TOO HIGH LIKE MARKET IN A MONTH TIME.DESPITE GOOD IIP DATA,BCOZ OF THAT UNWANTED RAISE OF LOWERING IIP NO.,ALL CALLS TRIGGERED THE SL & MARGIN CALL.BAD VOICE WASTED UR MONEY.PLS DONT FOLLOW THOSE MEDIA PEOPLE AS THEY R ONLY EMPLOYEE NOT VALUEE,KEEP FAITH IN URSELF & DONT TAKE OVERNIGHT POSITION ,AS MARKET IS TRADING AT HIGH POINT OF 19-MONTH. BUY ONLY DELIVERY STOCK ONLY AT LOW & GET OUT EARLY WITHOUT BEING GREEDY.SAVE UR HARD EARNED MONEY,DONT WASTE IT BCOZ OF THOSE UNWANTED,BASELESS NEWS.KEEP FAITH IN URSELF.BE A SENSEFUL & SMART TRADER.

POST MARKET 11-12-09

MARKET LOOKS GOOD TILL 12 O CLOCK UNTILL IIP NO. CAME.ALTHOUGH IIP NO. LOOKED GOOD,BUT SOME MARKET PLAYERS ALONG WITH LEADING MEDIA PLAYER HAMMERD THAT GOOD NO. & MARKET DIDNT CROSS 5200 MARK,SHARPLY MOVED BACK FROM ITS PEAK.ITS A PLANNED GAME BY BIG BROTHERS THROUGH SOME CHANNELS.NOW RIL IS THE ONLY HOPE FOR BULL.FOR MONDAY,IF THE MARKET MOVE ABV 5120-25 LEVEL THEN IT WILL BE GOOD FOR BULL.BUT ONCE IT BREAKS 5100 MARK & TRADE BLW 5080 THEN SELLING PRESSURE WILL BE GENERATED.AGAIN I M EXPECTING SOME RANGE WHICH WE EXPERIENCED.FOR MANY DAYS U FELL WHAT THE TREND WAS,JUST IDENTIFY IT & DO TRADING ACCORDIN TO THAT LEVEL BETWEEN 5090-5150.HAPPY TRADING WEEK.

FRIDAY FURY(11-12-09)

NIFTY MAY REMAIN IN THE RANGE TILL NOON,IF IT IS IN THE UP RANGE DONT TRY TO GO LONG TOO MUCH.IF U R IN NEGLGIBLE PROFITABLE POSITION THEN TRY TO GET OUT.IF IT OPENS DOWN THEN IT MAY GEAR UPTO RESISTANCE LEVEL TILL 5150-64,BUT AFTERNOON MAY PLAY ITS ROLE.SOME OF THE PICS ARE:
(1)JINDAL STEEL:ABV 737 TGT 743-45----BLW 731 TGT 726-24
(2)BHEL:ABV 2298 TGT 2310-14----BLW 2286 TGT 2275-68
 (3)RELIANCE: ABV 1083 TGT 1091-94----BLW 1075 TGT 1068-64
(4)NIFTY FUTURE:ABV 5138 TGT 5153-5164 OR UPTO 5173----BLW 5125 TGT 5103,5091 OR TO SOME EXTENT POSSIBLY 5081.KEEP AN EYE ON PIRAMAL HEALTH ABV418 FOR MOVE UPTO 423-25.WEAK BLW 411.IF MARKET OPEN TOO MUCH OF LOW OR HIGH TRY TO SETTLE IT DOWN THEN BUY AS PER LEVEL.
HAPPY TRADING

POST MARKET 10-12-09

LIKE YESTERDAY,MARKET MOVED IN RANGE & REMAINED BETWEEN 5090-5150.AFTER GOOD RECOVERY YESTERDAY,IT WAS EXPECTED TO DO SOMETHING GOOD TOWARDS 5181 LEVEL ATLEAST,BUT FAILD TO DO SO.THIS CONFIRMS THAT 5150-5181 IS TOUGH CLIMBING FOR MARKET & DIFFICULT TO THRROUGH.BULL & BEAR HAVING EQUAL ADVANTAGE IN THIS MARKET AS SELL ON HIGH & BUY ON DEEP WAS THE SCENARIO TILL NOW.IS SOMETHING COOKING IN THE MARKET??????I THINK THE WAY IT IS MOVING,IT IS RIPE FOR A BIT CORRECTION.IF IT COMES TO ATLEAST 4900-4880 LEVEL OR UPTO 26TH NOV, LOW AROUND 4800,THEN EVRYBODY WILL BE RELAXED & GO FOR FISHING OF SOME BADLY BITTEN STOCK.WAIT & WATCH,STAY ASIDE & KEEP MONEY IN HAND RATHAR TO DO FANCY TRADING IN THIS VOLATILE & KILLING MARKET.HOPE IT BREAKS THE DOWN SHACKLE & KEEP THE MARKET HEALTHY.

THURSDAY PICS 10-12-09

SOME OF THE PICS ARE AS FOLLOWS:
(1)RANBAXY:ABV 505 TGT 510-12----BLW 501 TGT 497-95
(2)RELCAP:ABV 849 TGT 855-57----BLW 844 TGT 839-37
(3)ABAN:ABV 1241 TGT 1250-52----BLW 1235 TGT 1226-24
(4)L&T:ABV 1658 TGT 1668-70----BLW 1650 TGT 1642-40
(5)NIFTY:LONG TRADER CAN HOLD NIFTY WITH SUPPORT AT 5050 FOR TGT UPTO 5170-85.FOR TODAY,ABV5128 GO UPTO 5144-5155 OR UPTO 5164 -----BLW 5115 TGT 5103,5089 OR MAY DOWN UPTO 5080
(6)BANK NIFTY:ABV 9189 TGT9221,9261----BLW 9155 TGT 9115,9085
ALSO KEEP AN EYE ON ORACLE FINANCE.FIRST ABV 2170 MAY UPTO 2185-90 & IF CROSS 2197 MORE BUY FOR TGT UPTO 2219-23.WEAK BLW 2155
HAPPY TRADING.

POST MARKET 09-12-09

WEAK GLOBAL MARKET ACCOMPANIED WITH ASIAN MARKETS,IT WAS EXPECTED THE NEGATIVE TERRITORY,BUT COMPARED TO LEADING MARKET OUR MARKET WAS MUCH GOOD,NOT FELL TO THAT LEVEL & REMAINED RANGEBOUND BETWEEN 5090-5150.FROM TECHNICAL POINT OF VIEW,THOUGH IT IS SIDEWAY KIND OF MOVE,BUT ACCORDING TO ANALYST'S VIEW THE DAILY CHART INDICATORES HAVENT CHANGED MUCH.ALTHOUGH,INDICATORS ARE STILL NOT SHOWING THAT GLITTERING SIGNAL FOR SHARP JUMP.THUS ONE CAN EXPECT RANGEBOUND ZONE FOR SOMETIME UNTILL IT CROSSES 5181 LEVELS ON UPSIDE OR 5038 LEVEL ON DOWNSIDE.

WEDNESDAY PICS(09-12-09)

NOTHING MUCH TO WRITE ABT MARKET FOR INTRADAY.AS I HAD ALREADY MENTIONED ABT IT IN REPORT.SOME OF THE PICS ARE AS FOLLOWS
(1)INFOSYS:ABV 2452 TGT 2468-75----BLW 2441 TGT 2428-21
(2)PATEL ENGINEERING:ABV 467 TGT 475-78----BLW 459 TGT 452-50
(3)GAMMON INDIA:ABV 253 TGT 258-60----BLW 248 TGT 243-41
(4)BHEL:ABV 2219 TGT 2226-2232----BLW 2214 TGT 2208-2202
(5)NIFTY FUTURE:ABV 5166 TGT 5189-5208---BLW 5150 TGT 5125-5110
(6)BANK NIFTY:ABV 9331 TGT 9374-9420----BLW 9299 TGT 9252-9212.
ALSO KEEP AN EYE ON ABAN ABV 1260 CAN GO UPTO 1272-1275.WEAK BLW 1248.
HAPPY TRADING.

POST MARKET 08-12-09

NIFTY AFTER RANGEBOUND SHOW OF 1ST HALF,REBOUND & JUMPED TO EXCELLENT HEIGHT IN 2ND HALF,CLOSED ALMOST TO DAY HIGH. NOW AGAIN A TURN OF CONFUSION IN EVERYBODY'S MIND,WETHER THIS BOUNCE WAS ILLUSIVE OR CONCRETE TO SURPASS NIFTY TO SOME EXTENT TOWARDS 5200+ OR WILL IT AGAIN DEEP DOWN TO 5000 SUB LEVEL??????? I WAS ALSO WRITING TO A GOOD MARKET IN PAST FEW WEEKS & STILL THINK ABT GOOD JOURNEY. SO BOLDLY GO LONG IF BREACH & STAY FOR GOOD TIME ABV 5181 STILL I THINK IF IT GIVES U ANY DEEP,EVERY DEEP IS A BUY OPPERTUNITY TO GO LONG & IT MAY TOUCH TO SUBSTANTIAL HIGH.HOPE FOR THE BEST TO EVERYBODY.BULLS HAVING THEIR DAY LIKE BEARS HAVE

NIFTY INtraday 08 12 09

SELL NIFTY 5105 - 10 SL 5135 TGT 5075  5050

DELIVERY DESK

INVESTING IN CAPITAL MARKET WITH PATIENCE ALWAYS PAYS YOU.THTS WHY TIME TO TIME,GIVE U SOME GOOD BREAKOUT DELIVERY CALL FOR DECENT RETURN IN SHORT TO MEDIUM TERM.ALL THE DELIVERY PICS TILL NOW DID WELL VIZ JAI CORP,SESACHAL TECH,EASTERN SILK,SHYAM TELECOM ---ALL DID WELL TILL NOW.OUR LAST PIC KAVERI SEED(BSE CODE:532899) GIVEN ON 26TH NOV. AT 205 LEVEL BOOOOOOMED TODAY UP & OVER 10% IN JUST ONE DAY TOUCHED TO 247 MARK FROM 205 LEVEL.COUNT UR PROFIT.THIS TIME I WILL GO WITH KSB PUMPS(BSE CODE:500249).BUY IT FOR SHORT TO MEDIUM TERM AT CURRENT LEVEL FOR GOOD 15-20% RETURN.HAPPY INVESTMENT.

IF MARKET OPEN GAP DOWN TO 5038-30 LEVEL(IF SUSTAINE TO THIS LEVEL) SURE BUY  OR IF UNABLE TO CROSS 5100 SURELY SELL WITH STOP AT 5115.
THIS IS A GENERAL VIEW.FOR TUESDAY SOME IT STOCKS DO ITS RACK & RUIN(UP OR DOWN),SO LOOK OUT FOR THIS SECTOR.SOME PICS ARE AS FOLLOWS:
(1)EDUCOMP:ABV 752 TGT 759-762----BLW 744 TGT 735-732
(2)TECH MAHINDRA:ABV 980 TGT 987-990----BLW 976 TGT 970-967
(3)WIPRO:ABV 640 TGT 645-647----BLW 634 TGT 629-627
(4)TATA POWER:ABV 1370 TGT 1379-1381----BLW 1361 TGT 1355-1351
(5)NIFTY FUTURE:ABV 5076 TGT 5096,5115----BLW 5063 TGT 5043,5028
(6)BANK NIFTY:ABV 9175 TGT 9221,9250----BLW 9149 TGT 9108,9068.
ALSO WATCH INFOSYS ABV 2394 FOR GOOD MOVE UPTO 2413-2419.WEAK BLW 2382.
HAPPY TRADING

POST MARKET 07-12-09

NIFTY SPOT AFTER THE OPENING WAS TAKEN UP BY OPERATORS TILL 5130 JUST FOR A FEW SECONDS, BUT CONTINUOUS SELLING PRESSURE SAW NIFTY COME DOWN TO ONE OF THE INTERMEDIATE SUPPORT TO 5050 CLEARLY INDICATING THAT THIS WAS THE CORRECTION TO RETRACE THE UP MOVE FROM 4808 TILL THURSDAYS HIGHS OF 5181.AS IT WAS SAID,NIFTY MAY BE IN THE RANGE FOR 1ST HALF & CAN SHOW SOME WILD TURN,DID EXACTLY LIKE THAT.IT IS HIGHLY POSSIBLE THAT THE CORRECTION WAS OVER AROUND MONDAYS LOWS OF 5051 OR AT THE WORST CASE MAY COME DOWN TO LEVEL OF 5038.FOR INTRADAY TRADING ON TUESDAY, THERE IS EVERY POSSIBILITY OF NIFTY SPOT RETESTING 5100 LEVELS EITHER INITIALLY OR AFTER COMPLETION TO LEVEL AROUND 5038.INTRADAY TRADERS IF THEY FIND THAT SPOT NIFTY IS UNABLE TO CROSS 5100 LEVELS, THEN THEY CAN BOLDLY SHORT NIFTY AS IT APPROACHES TOWARDS 5100 & FAILS TO CROSS IT, BUT WITH A MUST QUIT POINT ABOVE 5115 LEVELS.
HAPPY TRADING

NIFTY INtraday

Sell nf BLw 5090 sl 5117
Target 5064

MONDAY PICS 08-12-09

BUY IN THE DIPS OR SELL ON THE HIGH WAS THE STRTEGY FOR PAST FEW DAYS.SOMETHING LIKE THIS ON MONDAY ALSO.SO 1ST SEE THE MOVEMENT OF THE MARKET & THEN DECIDE UR TRADING.HOPE IT MAY IN THE RANGE AT THE MORNING,BUT CAN TURN WILD AFTER MID-MARKET TIME.SOME OF THE PICS ARE AS FOLLOWS:
(1)TCS:ABV 700 GOOD FOR 706-707----BLW 694 DEEP DOWN TO 688-686
(2)PNB:BUY ABV 929 TGT 935-937-(SL ADJUST)
(3)SESA GOA(FUTURE):ABV 384 RISE UPTO 388-390----BLW 376 GO DOWN TO 371-368
(4)AXIS BANK:ABV 1030 TGT 1044-1047----BLW 1021 TGT 1010-1007.
ALSO KEEP AN EYE ON OPTO CIRCUIT ABV 223 MAY GO UPTO 228-30.WEAK BLW 214.
HAPPY TRADING.

WEEKLY TRADING PICS 7-12-09 TO 11-12-09

SOME OF THE STOCKS ARE:
(1)ROLTA:ABV 184 TGT 189-192-195 SL 180----BLW 174 TGT 168-165 SL 177
(2)HDIL:ABV 351 TGT 363-368 SL 345----BLW 330 TGT 319-314 SL 335
(3)AXIS BANK:ABV 1043 TGT 1063-1074 SL 1031----BLW 1004 TGT 975-960 SL 1016
(4)PRAJ INDUSTRIES:ABV 93 TGT 96-98 SL 91----BLW 88 TGT 86-84 SL 90
(5)NIFTY FUTURE:ABV 5138 TGT 5165-5180-5195 ----BLW 5058 TGT 5010-4984-4945(ADJUST SL).
HAPPY TRADING.

POST MARKET 04-12-09

MARKET IS FACING PRESSURE AROUND 5200 LEVEL & LOOK TOUGH TO CROSS.BUT ITS FOR THE MOMENT,IT GRADUALLY MAKES IT WAY THROUGH SOME ODD OFFLOADING & MAKE IT SOME GOOD ADJUSTMENT FOR GOOD UPMOVE.ITS ALWAYS TOUGH TO CLIMB WHEN ALL THE GLOBAL MARKETS ARE ALSO TRADING WITH SOME GOOD HEIGHT,FACING RESISTANCE.HOPE OUR MARKET WILL OUTPERFORM IN THAT SENSE EXCEPT ANY UNDERLINE NEWS WHICH CAN AFFECT GOOD COURSE OF MARKET.
HOPE WE WILL HAVE GOOD WEEK AHEAD IN TERMS OF TRADING FOR GOOD UPMOVE IT SHOULD STAY ABV 5150+ CONSISTANTLY,OTHERWISE THE SAME FLAT POSITION & TRAPPING THE DAYS AHEAD.MONTH OF DEC. IS ALWAYS GOOD IN 1ST HALF OF THE MONTH, BUT BE CAUTIOUS IN THE 2ND HALF.(CONFUSING STATE OF MIND AT THIS JUNCTURE FOR BULL & BEAR).DO WORK WITH TREND.HAVE A GOOD WEEK AHEAD.

FRIDAY FEAST 04-12-09

BUYING IN NIFTY STOCKS IS GOOD ONLY IF IT SUSTAINS ABV 5130 WITH SUCH RECKONING VOLUME.SO DECIDE THE LAXMAN-REKHA FOR UR TRADING ON FRIDAY.SOME OF THE PICS WITH THEIR LEVLS ARE:
(1)GE SHIPPING:ABV 286 GO UPTO 290-291----BLW 283 DOWN UPTO 279-278
(2)AXIS BANK:ABV 1055 RISE UPTO 1064-1068----BLW 1044 SET DOWN TO 1035-1031
(3)PNB:ABV 929 CAN TOUCH 935-937----BLW 924 CAN DIVE DOWN TO 918-916
(4)SBI:ABV 2359 CAN ZOOM UPTO 2372-2382----SELL BLW 2347 KHANANAN... DOWN TO 2336-2327
(5)NIFTY FUTURE:ABV 5138 DHOOM GO TO 5157-5173-5180----BLW 5126 FLOPP DOWN TO 5107-5090(LOOK HERE NIFTY FOR REVERSAL).
TODAY,IF U NOTICED OR NOT,MOST OF THE PICS ARE BANKING STOCKS.SO,SHOULD GIVE BANK NIFTY LEVEL.
(6)BANK NIFTY:ABV 9348 TGT 9378-9412----BLW 9319 GO DOWN TO 9281-9243.
HAPPY TRADING & WEEKEND.

POST MARKET 03-12-09

MARKET WAS OUTPERFORMER FOR MOST OF THE DAY COMPARED TO ITS ASIAN PEER,TRADED IN GOOD POSITIVE ZONE IN 1ST HALF.LATER IN THE 2ND HALF,HEAVY SELLING PRESSURE GAVE SHARP DOWN JERK & DRAGGED IT BACK TO YESTERDAY'S CLOSED LEVEL.ALTHOUGH IT CLOSED ABV 5100+ MARK.AS LONG AS,IF IT HOLDS THE 5060-5090 BAND NOTHING TO WORRY FOR BULLS.AS MARKET IS HAVING GOOD MID-TERM SUPPORT AROUND 4980.LOOK LIKE IT IS CONSOLIDATING BY GRADUAL OFFLOADING INTERVALLY CREATING ITS WAY FOR GOOD UP MARK.STILL BE CAUTIOUS & DONT TRADE TOO HEAVILY UNTILL CONFIRM THE TREND.TOMORROW,THE LAST TRADING DAY OF WEEK.SO,IF POSSIBLE,PLS DONT CARRY TOO MUCH OF OVERNIGHT POSITION.

THURSDAY TRADING IDEA 03-12-09

NOWADAYS MARKET LOOKS OTHER WORLD INDICES FOR ITS MOVEMENT.WORLD MARKET,AFTER DUBAI RECESSION DOING WELL.ALTHOUGH THE MOVEMENT IS NOT MUCH YET NOT LOWERING THEMSELVES.MARKET MAY BE SIDEWAY OR FLAT ON THURSADAY.FOR TODAY TRADING THE PRESCRIBED LEVELS ARE AS:
(1)KOTAK BANK:ABV 819 TGT 824-826----BLW 815 TGT 810-808
(2)LANCO INFRA:ABV 582 TGT 587-589----BLW 575 TGT 570-568
(3)POLARIS:ABV 176.5 TGT 179-181----BLW 174 TGT 171-170
(4)BHEL:ABV 2204 TGT 2225-2230----BLW 2190 TGT 2175-2168
(5)RCAP:BLW 843.50 Sl 854 TGT 837-828-815
(6)NIFTY FUTURE:ABV 5123 TGT 5139-5153-5163----BLW 5112 TGT 5102-5090-5084.
ALSO KEEP WATCH ON FINANCIAL TECHNO BLW 1325 MAY SLIDE UPTO 1310-1300.STRONG ABV1350.(N.B.:IF MARKET CONFUSE U BY VOLATILE NARROW TRADING BAND THEN DONT TRADE.IF U WANT TRADING THEN TRY TO BOOK PROFIT EARLEY RATHAR TO WAIT FOR THE TGT.BESIDES THIS N.B.,MOST OF OUR PICS DID WELL IN ANY KIND OF MARKET.SO ENJOY THE LEVEL.)HAPPY TRADING

POST MARKET 02-12-09

YESTERDAY IN THE BLOG,MENTIONED THAT 5150 WOULD ACT AS RESISTANCE & PROVED SO FAR THE WALL ATLEAST FOR TODAY TRADE.THEN MARKET MOVED & TRADED IN VERY NARROW RANGE OF 5120 TO 5145(NIFTY SPOTWISE) FOR MOST OF THE DAY.CLOSED JUST ABV 5120.SO, MARKET CONSOLIDATED IN VERY NARROW RANGE.WHAT DOES IT INDICATE??????WILL IT HAVE SOME STRENGTH TO GO UP OR SOME MORE CORRECTION AS IT DID LAST TIME.I SENSED IF 4980 SUSTAINED,NEXT TARGET WOULD BE 5300/5400+ WITHIN 10 DAYS.SO KEEP UR FINGER CROSSED.AS I ALSO MENTIONED YESTERDAY ABT BIG MOVEMENT(EITHER 4980 BREACHED OR GO UPTO 5300/5400+).LETS SEE WHAT WILL HAPPEN???????THTS MY IDEA.RECOVERY FROM 4800 LOW IS THE RESULT OF SHORT COVERING,BUT SHALL WE SEE FRESH BUYING?????HMM,HOPE SO.

WEDNESDAY PICS 02-12-09

SOME PICS ARE AS FOLLOWS:
(1)MARUTI:ABV 1592 TGT 1604-1608----BLW 1582 TGT 1573-1568
(2)HPCL:BUY ONLY ABV 364 TGT 368-70 SL 358
(3)TCS:ABV 688 TGT 694-696----BLW 684 TGT 679-677
(4)TATA POWER:ABV 1370 TGT 1382-1387----BLW 1360 TGT 1348-1345
(5)NIFTY FUTURE:ABV 5144 TGT 5162-5182----BLW 5125 TGT 5103-5080
(6)BANK NIFTY:ABV 9273 TGT9329-9382----BLW 9235 TGT 9181-9128.
ALSO KEEP AN EYE ON CONTAINER CORPORATION ABV 1208,MAY GO UPTO 1226-32,WEAK BLW 1190.
FOR NIFTY,SAFE PLAYERS SHOULD CONFIRM THE CROSSING OF RESISTANCE MARK 5150 FOR SOMETIME & THEN PLACE THE POSITION OR CAN PLACE THE POSITION ACCRODING TO THE LEVEL
HAPPY TRADING.

POST MARKET REPORT 01-12-09

MARKET RECOVERED VERY NICELY FROM THE LOW OF 48OO IN FEW SESSION & CLOSED ABV 5100+ LEVLE.AS SAID YESTERDAY MARKET MAY BE UP TO SIDEWAY & DID ITS UPMOVE.NOW 5150 LEVEL IS CONSIDERED TO BE THE RESISTANCE MARK FOR NIFTY.ONCE IT WILL CROSS THEN IT SHOULD TOUCH 5190 MARK.I SENSED SOME BIG MOVEMENT WILL BE SEEN TOMORROW OR MAY BE IN COMING FEW DAYS,SO BE CAREFUL FOR UR LONG.NOV. EXPIRY PROVED TO BE REAL DRAMATIC IN THIS HULLY-BULLY VOLATILE MOVE.TODAY IRRESPECTIVE OF LONG OR SHORT BELIEF OUR INTRA PICS DID EXTREMELY WELL AS PER THE GIVEN LEVEL.HOPE U ENJOYED

TUESDAY THUNDER 01-12-09

ON TUESDAY MARKET MAY BE UP TO SIDEWAYS.MARKET SHOULD BE GOOD IF IT CROSSED & MAINTAIN 5050 MARK FOR FEW DAYS.OTHERWISE THE EFFECT OF LAST MONTH THAT U WITNESSED.
THE PICS ARE AS FOLLOWS:
(1)RELIANCE:ABV 1078 TGT 1089-1094----BLW 1065 WENT DOWN TO 1054-1051
(2)BANK OF BARODA:BUY ONLY ABV 535 FOR 541-544 SL 530
(3)ACC:BUY ABV 805 TGT 811-813----BLW 798 TGT 792-789
(4)NIFTY: ABV 5037TGT 5070-5085----BLW 5012 TGT 4990-4980.

POST MARKET ANALYSIS 30/11/09

MARKET ACTED AGAINST THE BELIEF OF MANY OF US.THT'S STOCK MARKET.BLOODBATHING FEW DAYS BACK & NOW HEALING TOUCH.RECOVERED EVERYTHING WHAT IT LOST IN PAST FEW TRADING SESSION.SO WHATS THE EFFECT OF DUBAI RECESSION HERE???HAHA.NOTHING MUCH AS IT HAD TRADED TODAY.EVEN THE STOCK LIKE BANK OF BARODA BOUNCED SHARPLY.MARKET REACTED STRONGLY & SURPRISED MANY OF US.STILL BE CAREFUL,COZ IT MIGHT BE MISLEADING OR ILLUSIVE BULLISH SHOW.IT MAY TURN ON OR OFF ITS MOOD IN NO TIME.VOLATILITY KILLS EVERYBODY BUT BE ADVANCE IN TREND.HOPE THE WAY IT STARTED TODAY,IT SHOULD RETAIN ITS MOMENTUM.FOR THE MOMENT,HOPE U ENJOYED GOLDEN MONDAY TODAY WITH ALL INTRA PICS WHICH DID WELL.

MONDAY PICS 30-11-09

MONDAY MARKET MAY OPEN WEAK,BUT EXPECT TO BE BOUNCE SOMEWHAT.SO IT IS WISE TO BUY AT DIPS WITH STOP AT 4868(NIFTY WISE).SOME OF THE PICS ARE AS:
 (1)CANARA BANK: Buy ABV 392.50 WITH 1-2% SL(385) TGT 396-398
(2)EDUCOMP: Buy ABV 756 TGT 765-767----Sell BLW748 TGT UPTO 741-7395
(3)JINDAL STEEL: Buy ABV 676 TGT 685-687----Sell BLW 672 TGT 665-663
(4)DR.REDDY: Buy ABV 1110 TGT 1119-1123----Sell BLW 1100 TGT 1088-1085.
ALSO KEEP WATCH ON HIND ZINC ABV 1133 MAY GO UPTO 1.5-2%.WEAK BLW 1090. BHEL looking some weakness.
HAPPY TRADING
DISCLAIMER:- PLACE UR POSITION & BOOK UR PROFIT AT UR COMFORT LEVEL.

WEEKLY PICS 30-11-09 TO 04-12-09

SOME OF THE STOCKS WITH THEIR MENTIONED LEVELS FOR COMING WEEK ARE AS FOLLOWS:
(1)ACC: Buy ABV 804 TGT 818-825 SL 796----Sell BLW 779 TGT 764-760 SL 787
(2)SESA GOA:  BuyABV 372 TGT 381-385 SL 365----Sell BLW 355 TGT 346-42 SL 362
(3)RELIANCE: Buy ABV 1082 TGT 1109-1118 SL 1065----Sell BLW 1034 TGT 1007-995 SL 1050
(4)RELINFRA: Buy ABV 1095 TGT 1130-1145 SL 1072----Sell BLW 1023 TGT 986-978 SL 1045.
PLACE UR POSITION CAREFULLY AS MARKET MAY SWING UNEXPECTEDLY IN NEXT WEEK.SO,FOR THIS MARKET YOU HAVE TO DO TRAILING OR MODIFYING TRADE.
HAPPY TRADING

MARKET NEXT WEEK

NIFTY NEXT :
WEEKSUPPORTS :4798,4868 .
RESISTANCE :        4990,5058.
WE WILL WITNESS WILD MOVEMENT IN COMING WEEK.DO REMAIN IN TRUE DIRECTION.
STOCK TO WATCH FOR NEXT WEEK:TATA MOTORS,VOLTAS,RIL,BANK OF BARODA,ORBIT,IBREAL ESTATE,ABAN OFFSHORE,L&T ETC...

POST MARKET REPORT 27-11-09

Stock markets around the globe are reeling under pressure from the overnight debt problems egressing from the Dubai world. Dubai accumulated $80 Billion of debt by expanding in Banking, Real estate and Transportation and has asked for a 6 month moratorium on those obligations. Stock markets in the Asia region are drifting lower in a low trading session on Friday.Dubai threat resulted in bloodbathing of nifty which swung more than 300 points during the day from 5000 to 4800 odd & then 4800 to 4950+,closed at 4940.Still it has to cross & close abv 5050 mark for further upmove.
Downside 4747,4680 r key support area.
HAPPY TRADING IN THE COMING WEEK.

Nifty

As one can see that on friday nifty took support at 4806.70 and finally closed at 4941.75.
It was intraday upmove of 140 points.
But close was below 50 dma i.e 4964.70 so over all view is not clear from this level.

Nifty

Nifty crashed from 5100-5115 to 4986 and finally closed at 5005 yesterday.
Today morning it open gap down near 100 points and trading at 4830 level.
Nifty broke 50 dma in opening trade so weakness is there but
Nifty may find support near 4790-4820..... So???? will it???
One can expect any kind of pullback here????

HI Every bady
Good moring 
keep eyes nf in   BUY cmp (4880) sl 4860 
TARGET  book ur profit 25% 4900-4905
                   book ur profit 50% 4925-4930
Plez exit in nf  sl hit
Any Bady hold in nf hold coz NS not hit my sl

FRIDAY PICS 27-11-09

SOME PICS ARE LIKE THESE:
(1)TECH MAHINDRA:BUY ABV 913 GO UPTO 920-925----SELL BLW 905 DOWN UPTO 895-890
(2)RANBAXY:ONLY BUY ABV 433.70 GO UPTO 438-440(ADJUST SL TO DAY LOW)
(3)JINDAL STEEL:BUY ABV 678 GO UPTO 684-686----SELL BLW 672 CAN GO DOWN TO 667-665
(4)EDUCOMP:BUY ABV 746 GO UPTO 754-757----SELL BLW 738 GO DOWN TO 732-730
(5)NIFTY FUTURE:BUY ABV 5015 GO UPTO 5040-5060----SELL BLW 4995 GO DOWN TO 4970-4945
(6)BANK NIFTY:BUY ABV 9085 GO UPTO 9140-9180----SELL BLW 9050 GO DOWN TO 9000-8960.
ALSO KEEP AN EYE ON PUNJLLOYD BLW 204.5 GO DOWN TO 200.5-199.
HAPPY TRADING.
DISCLAIMER:- PLACE UR POSITION & BOOK UR PROFIT AT UR COMFORT LEVEL.

POST MARKET REPORT 26/11/09

NIFTY BROKE 5000 LEVEL ON INTRADAY BASIS & CLOSE ABOVE THAT,DID SOME BLOOD-BATH AT THE END OF THE NOV. SERIES.
SOME RESPITE FOR BULLS.BUT THEY WILL BE ABLE TO MAINTAIN 4920-30 MARK???????.
WEAK GLOBAL CUES DRAGGED THE MARKET DOWN(U.S. MARKET WILL REMAIN CLOSE FOR THANKSGIVING DAY ON NOV. 26).
WATCH GLOBAL DATA FOR FUTHER MOVE(UP/DOWN).SERIESEND WITH FLATTISH TYPE OF MOVE.HOPE WE WILL HAVE A GOOD DEC. SERIES FROM HERE ON.

Positional Desk

ONE CAN BUY KAVERI SEED(BSE CODE:532899) FOR DELIVERY TGT 15-20% FROM TODAY'S CLOSE.

THURSDAY PICS 26-11-09

SOME OF THE PICS WITH THEIR RESPECTIVE LEVELS ARE AS FOLLOWS:
(1)JSW STEEL :-Buy ABV 1016 GOTO 1030-1035---Sell BLW 1000 MAY DOWN TO 985-975
(2)BUY TATA POWER ONLY ABV 1355 GO UPTO 1370
(3)BUY GESHIPING  ONLY ABV 293 GO UPTO 297-99
(4)ABAN:- Buy ABV 1357 TGT 1366-1370 ----SELL BLW 1350 TGT 1341-1335
[CAREFUL IN UR STOCK ORDER INITIALLY SEE SOME MOVE & THEN DECIDE ABT UR STOCK ORDER AS STOCK IS SOMEWHAT VOLATILE.ADJUST SL ACCORDINGLY]
(5)NIFTY FUTURE:- BUY ABV 5113 TGT 5126-5140---SELL BLW 5103 TGT 5090-5070
(6)BANK NIFTY :-ABV 9315 GOUPTO 9349-9380---BLW 9293 GO DOWN TO 9255-9230.
[ONE CAN ADJUST SL SOMEWHAT IN BUY OR SELL ORDER]
HAVE AN EYE ON HDFC BANK BUY ABV 1807 & SELL BLW 1798 WHATS THE TGT DECIDE URSELF??????
HAVE A HAPPY EXPIRY.
DISCLAIMER:- PLACE UR POSITION & BOOK UR PROFIT AT UR COMFORT LEVEL.

POST MARKET REPORT 26-11-09

NIFTY MAINTAINED & CLOSED ABV 5100 MARK AFTER HIGH DEGREE OF VOLATILITY.TOMORROW IS THE NOV. SERIES EXPIRY DAY,EXPECT THAT MARKET BEHAVE LIKE WHAT IT DID TODAY.SO CAREFUL ON UR TRADE.U.S. SIDE GDP DATA REVISED LOWER,NIKKEI REVERSED,GOLD SHINING & CRUDE LOWER AS CHINA WOES.THESE ARE KEY FACTORS.EXPIRY WILL DECIDE IN WHICH DIRECTION MARKET WILL MOVE IN THE COMING TIME WETHER NIFTY MAY GO TO 5600 OR 4500.WAIT & WATCH.BE STOCK SPECIFIC OR SIT ASIDE TO WATCH THE MOVE.

WEDNESDAY PICS 25-11-09

(1)DLF:BUY ABV 374 TGT 378-379--SELL BLW 372 TGT 367
(2)BANK OF INDIA: BUY ABV 391 TGT 395-396--SELL BLW 389 TGT 385-384
(3)ITC:BUY ABV 261 TGT 264-265--SELL BLW 258 TGT 254
(4)NIFTY FUTURE:BUY ABV 5092 TGT 5105-5118--SELL BLW 5082 TGT 5069-5060
(5)BANK NIFTY:BUY ABV 9246 TGT 9280-9315--SELL BLW 9224 TGT 9185-9260.
KEEP AN EYE ON ACC ABV 792.50 BUYING IS EXPECTED ABV THIS LEVEL FOR MOVE UPTO 800.
HAPPY TRADING.

DISCLAIMER:-  PLACE UR POSITION & BOOK UR PROFIT AT UR COMFORT LEVEL.

POST MARKET ANALYSIS 24/11/09

NIFTY RANGE BOUND 5050-5110.F&O EXPIRY.GAS TUSSLE BETWEEN RIL-RNRL.NIFTY MAY REMAIN FLAT.BE CAUTIOUS & STOCK SPECIFIC.

TUESDAY Toping 24-11-09

FOR TUESDAY U CAN WORK ON THE MENTIONED STOCKS AS PER THEIR LEVEL WHICH ARE AS FOLLOWS:
(1)TULIP TELE:BUY ABV 940 TGT955-960----SELL BLW 920 TGT 905-899
(2)ICICI BANK:BUY ABV 920 TGT 928-930----SELL BLW 915 TGT 907-905
(3)SBI:BUY ABV 2336 TGT 2355-2360----SELL BLW 2320 TGT 2305-2300
(4)INFOSYS:BUY ABV 2422 TGT 2440-2445----SELL BLW 2398 TGT 2385-2380
(5)NIFTY FUTURE:BUY ABV 5112 TGT 5130-5143----SELL BLW 5104 TGT 5090-5080
(6)BANK NIFTY:BUY ABV 9305 TGT 9340-9360----SELL BLW 9285 TGT 9250-9222(SL 30 POINTS FOR BOTH MODE).
ALSO WATCH BHARAT ELEC {BHEL}. ABV 1660,IF CROSS THEN U CAN BUY FOR TGT OF 1680,WEAK BLW 1640.FROM ABOVE STOCKS,IF ANY OPENS NEAR TGT THEN AVOID IT.
HAPPY TRADING.