FRIDAY PICS 29-01-10

NIFTY LEVEL:SUPPORT 4825-4808 RESISTANCE:4908-4930.WEAK STOCKS:BHARTI AIRTEL,UNION BANK,NATIONAL ALUMINIUM -------STRONG STOCKS:SIEMENS,TISCO,TECH MAHINDRA.

POST MARKET REPORT 28-01-10

AS EXPECTED & ALWAYS HAPPENS ON THE DAY OF EXPIRY,MOST OF THE TIME,LOT OF VOLATILITY,NO SUCH DIRECTION,HIGHLY ZIG-ZAG SHOW,BULL-BEAR FIGHT TO SHOW THEIR STRENGTH & FINALLY CLOSED FLAT BLW 4900.NOW,ALL EYES ON RBI POLICY WETHER TO LIFT THE MARKET UP OR BRING IT DOWN.HOPE RBI GOVERNOR WILL HAVE SOME MERCY TO MARKET BY NOT CHANGING THE RATES OR CRR.BUT ITS ALL FINANCIAL ZONE,BE CAREFUL ON SOME ANNOUNCEMENT.

THURSDAY PICS 28-01-10

WELL,NOTHING TO MORALISE ANYTHING WITH TECHNICAL DATA.BUT SOME LEVELS TO WATCH OUT LIKE 4848,4808(MOST LIKELY TO BREACH) & THEN FREE FALL.UPSIDE IF IT REACH TO 4880-4904 BAND,MORE FRESH SHORT WILL BE INITIATED.FEW PICS ARE:(1)ACC:ABV 882 TGT 890-92 SL 876 (2)MCDOWELL:ABV 1219 TGT 1233-34 SL 1210----BLW 1200 TGT 1185-80 SL 1212(3)SBI:ABV 1990 TGT 2004-07 SL 1972(4)SUN PHARMA:BLW 1400 TGT 1385-80-----ABV 1415 TGT 1430-35.

POST MARKET REPORT 27-01-10

IS IT NIFTY OR RISKY NIFTY?TRAPPED TRADERS UTTERED THE SAME ALL THROUGH THE DAY.BUT EVENTUALLY,ITS ROUTINE CORRECTION FROM WHERE IT TOOK OFF FROM NOV. LOW. COUPLED WITH EXPIRY,RBI POLICY,CONTROLLED MEASURE BY US & CHINA, IN WHICH DO U HOPE THT BIG BROTHERS FII WOULD STAY ON??????NAAAH!!!ANYWAY IT BROKE ALL PSYCHOLOGICAL AND TECHNICAL BARRIER ON DOWNSIDE.WILL IT HEAD TOWARDS 4700-4650??????WELL BIG QUESTION MARK WITH ALL THOSE GLOOMY SCENARIO.POSSIBLE TO GO MORE DOWNWARD WITH SOME INTRADAY UPWARD JERK.CORRECTION IS BCOZ OF TUESDAY LAY OFF CLOSED FOR TRADE.200 DMA WAY TO 4600 FOR REST OF NIFTY.HMM!!!WAIT & WATCH.

WEDNESDAY PICS(27-01-10)

5 CONSECUTIVE DAYS OF DOWNTREND,LOOK LIKE IT MAY SHOW THE SAME MOVE AS IT SHOWED IN PAST DAYS.IF FIRST OPEN LOW THEN IT WILL BOUNCE A BIT & THEN CORRECT ON INTRADAY BASIS TO LEAVE ITS FLATTEN EFFECT.4980-4955,A GOOD BUY LEVEL FOR INTRADAY WITH 5010-5030-A SQUARE-OFF MARK FOR INTRADAY.DEPENDS HOW ASIAN MARKETS REACTS TO DOW OF TUESDAY NIGHT.FEW PICS ARE:(1)DCHL:SELL BLW 160 WITH STOP AT 163 FOR TGT OF 156-55(2)IVRCL INFRA FUTURE:ABV 320 TGT 324-325----BLW 316.20 TGT 312-11(3)TRIVENI ENGINEERING:ABV 125 TGT 128-29 SL 122.5(4)CENTURY TEXTILE:ABV 519 TGT 524-25 SL 515-----BLW 508 TGT 503-02 SL 512.ALSO KEEP WATCH ON JSW STEEL FOR BEAR MOVE.

POST MARKET REPORT(25-01-10)

MARKET MAY REMAIN HIGLY VOLATILE DUE TO HOLIDAY,F&O EXPIRY & MUCH AWAITING RBI POLICY.LOOK LIKE MARKET MAY BE IN THE RANGE OF 4950-5050 IN THIS EXPIRY NEAR TO 5000 MARK.ON TUESDAY,MANY ASIAN PEER SHOWED DRASTIC DOWNTREND,& THAT HAPPENING CAN BE RULED IN THE INDIAN MARKET IN COMING DAYS.NOTHING HERE TO DOWNGRADE BUT EXTERNAL MARKETS PRESSURISE ITS UPTREND & THE MARKET WILL BE COUPLED WITH THE ASIAN & DOW INDEX.HOPE U PAY ATTENTION TO DEC. LOW 4944 FOR BUY & IN EARLY DAYS OF FEB.,IF NOV LOW RETEST THEN BULL MAY JUMP IN THE MARKET WHO SIT ASIDE WITH MUCH OF THE INFLOW IN THEIR HANDS.SO ITS WAIT & WATCH POLICY FOR LONG PLAYERS,FOR BEAR KEEP THE SHORT WITH MUST QUIT POINT AT PREVIOUS WEEK HIGH AT 5077.MARKET CAN SHOW ITS COLOUR ANY DAY WITH EITHER SIDE MOVE.

MONDAY MAGIC 25-01-10

NIFTY LEVEL:SUPPORT--5010-4980-4955 RESISTANCE:5060-5075-85.NOW,BLOG WILL BE UPDATED OCCASIONALLY,SO KEEP VISITING BLOG FOR UPDATED VIEW.FOR MONDAY KEEP WATCH ON HCL TECH,INDUSIND BANK,JINDAL STEEL,BHEL & TATA STEEL.BUY AT LOW AT MID-WEEK WITH SUPPORT AT 4900,BREACHING OF 4900 WILL TAKE THE MARKET TO 4800,4700-SUB LEVEL.

FRIDAY PICS 22-01-10

NOTHING TO WRITE IN THIS MANIPULATED PANICKY SCENARIO.RUTHLESS SHORT BROUGHT NIFTY DOWN TO DISCOUNTED TRADING.MAY ADD MORE SHORT IF GLOBAL SCENARIO WONT SUPPORT.FEW PICS ARE:
(1)ABAN:ABV 1400 TGT 1412-15 SL 1390----BLW 1375 TGT 1363-61 SL 1385
(2)IRB INFRA:BLW 253 TGT 249-48 SL 256
(3)INFOSYS:BLW 2622 TGT 2605-2602 SL 2635
(4)BHARTI ARTL:BLW 321 TGT 317-16 SL 324.

POST MARKET REPORT 21-01-10

AS EXPECTED & SAID,DOW BEING THE INSTRUMENTAL DOWNWARD MEDIUM FOR REST OF THE WORLD WHICH WAS FURTHER ACCELERATED & FUELED BY THOSE NON-SENSE TV NEWS ANCHORS KEEPING IN MIND THEIR OWN SHORTING INTEREST.NIFTY HEAVY BHEL,L&T THOUGH GAVE GOOD OUTCOME CONSIDERED TO BE BLW EXPECTATION WITH MEDIA WORD "LOWER THAN EXPECTED STREET RESULT."IT HAPPENS ONLY IN INDIA.DOWN JOURNEY MAY CONTINUE TOWARDS 5050-30 KIND OF LEVEL,FROM WHERE ONE MAY EXPECT CORRECTIVE BOUNCE.IN CASE,IT BREAKS THIS MARK OF 5030,THEN QUITE POSSIBLE TO RETEST AROUND DEC. LOW OF 4944.QUITE REASONABLE FOR JAN. SERIES.EXPIRY CLOSING MAY BE AFFECTED MORE BY HOLIDAY & BIG BROTHER DOW MOVE.CAN HALUCINATE & TRAP BY ITS FISHY MOVE.

THURSDAY PICS 21-01-10

EVERY POSSIBILITY OF GAP DOWN OPENING,MAY COME DOWN TO 5175-70 OR EVEN TO 5160.IF IT OPENS TO 5230 GO FOR ALL LIKING SHORT,MAY GIVE U SHORTING GAIN IN FEW TRADING SESSION.ALSO CLOSELY WATCH DOW,AS OUR MARKET RUNS PARALLELY WITH IT.FEW CALLS ARE.
(1)BIOCON:SELL BLW 291 FOR TGT OF 287-85 WITH STOP AT 294
(2)TECH MAHINDRA:SHORT BLW 1119 FOR TGT UPTO 1111-1109 WITH STOP AT 1127.
(3)DEEWAN HOUSING:ONLY ABV 220.5 FOR TGT UPTO 224-25 WITH STOP AT 217.5.
HAPPY TRADING.

POST MARKET REPORT 20-01-10

LOOK LIKE ALL WORLD MARKETS ARE DANCING LIKE PUPPET TO DOW TUNE.SHOULD SAY A DECEPTIVE DOW,TRADING BLW 2000 BULL HIGH OF 10900.THEIR OPERTORS ARE IN FULL SWING TO BRING DOWN & WIPE ALL GLOBAL MARKETS GAINING MOMENTUM.LOCAL INDIAN FACTORS LIKE GOOD CORPORATE RESULTS,BETTER THAN EXPECTED IIP NO.,DISINVESTMENT ISSUE ALL HAVE NOTHING TO DO FOR LIFTING THE RANGEBOUNDABILITY OF OUR MARKET.THE TIME WHEN I M WRITING THIS,DOW WIPED ALL ITS TUESDAY GAIN,BECAME FLAT TO MONDAY LEVEL. BY 130 DOWN.WHAT TO SAY ABT INDIAN MARKET,DOING XEROX WORK FROM DOW,NOTHING TO GAIN ON ITS OWN.WELL,GAP DOWN SCENARIO POSSIBLE TOMMOROW.WILL IT BREACH THE FINE LINE OF5175-70 BAND.HOPE IT HOLDS 5160 FROM WHERE BULL CAN GET INTO MARKET WITH SOME POWER.

WEDNESDAY PICS 20-01-10

FEW PICS ARE:

 

1. EDUCOMP:SELLING EXPECTED BLW 728 UPTO 722-20 WITH STOP AT DAY HIGH.
2. SUN PHARMA:BUY ABV 1485 FOR TGT OF 1495-97 WEAK BLW 1473.
3. INDUSIND BANK:ABV 150 TGT 154-55 SL 147.
4. VOLTAS LOOKING HOT & FIERY.
5. NIFTYWISE SUPPORT EXISTS AT 5202,BREACH WICH CAN TAKE IT TO 5180 LEVEL.UPPERSIDE 5257 CROSSING CAN MAXIMUM GO UPTO 5277. LOW BUYING EXPECTED TOMORROW.BETWEEN THIS GAZE THE TREND & DECIDE THE LEVEL FOR TRADE.

HAPPY TRADING.

POST MARKET REPORT(19-01-10)

1. I CLEARLY WROTE WHERE TO GO LONG & FROM WHERE SHORT,U JUST SAW IT.AGAIN NIFTY FAILED TO CROSS IMPORTANT MARK OF 5280-90 BAND.SHARP SELL HAS BEEN SEEN IN LAST ONE HOUR OR SO.SO 5290 LEVEL IS NOT GAINING MUCH OF THE CONFIDENCE AMONG TRADERS.
2. LIKE DEC. WHERE NIFTY RANGED BETWEEN 5050-5181,GAINED MOMENTUM AFTER HITIING TO 5181 TO MORE THEN ONCE.THEN BREACHED AT THE END OF THE LAST YEAR.SAME SCENARIO IS MIRRORED IN THIS SERIES.NOW NIFTY RANGE IN 5175-5190.SO ONE CAN EXPECT TO WASH ALL THOSE WEAKER HANDS THAT SHOULD BE ELIMINATED BEFORE RALLY TOWARDS 5350+.
3. THIS IS NOT A DOWN PRESSURE OR U CAN IMAGINE AS CORRECTION,BUT IT IS A CONSOLIDATING PERIOD,PREPARING ITS PATH FOR BREAKOUT . EVERY DECLINE TOWARDS 5180-5200 BAND SHOULD BE UTILISED TO GET GOOD GAIN IN PERSISTANT VOLATILE ZONE
4. WITH EARNING SEASON DATA COMING TO AN END ALONG WITH ROLL-OVER PAIN,SHOULD EXPECT NIFTY RANGE BEWEEN 5200-5300.I FEEL IT WILL GAIN GOOD MOMENTUM AS EXPIRY COMES CLOSER.

ABT MARKET ON TUESDAY,I ELABORATELY WROTE IN POST MARKET REPORT,NOTHING TO SAY BETWEEN 5230-5290.LONG OR SHORT,U CAN EASILY FIGURE OUT.FEW PICS ARE:
(1)IRB INFRA:IF CROSS 280 BUY FOR 284-85 WITH STOP AT 277.
(2)RELCAP:ABV 919 TGT 925-27 SL 912----BLW 907 TGT 899-97 SL 912
(3)GLENMARK:ABV 290 TGT 294-96 SL 287
(4)AXIS BANK:ABV 1115 TGT 1122-24 SL 1109----BLW 1096 TGT 1187-82 SL 1108.
HDIL LOOKING HOT & FIERY.KEEP WATCH ON THAT.
HAPPY TRADING.

POST MARKET REPORT 18-01-10

AS MENTIONED YESTERDAY ABT NIFTY FORECAST,DID EXACTLY ALIKE & NEVER RETURNED TO 5230 LEVEL THROUGHOUT THE DAY.ONLY STOCK SPECIFIC WORK HAD BEEN SEEN IN THE SESSION,AS MENTIONED EARLIER ABT BITTEN STOCK'S CORRECTIVE BOUNCE IN AUTO & IT SECTOR.DOW REMAINED CLOSED ON MONDAY,NO OVRNIGHT EFFECT OF THAT MARKET AS IT WILL BE AGAIN THE RANGEBOUND ZONE OF 5290+ TO 5240 POSSIBLE ON TUESDAY.FOR GOOD BULLISH MOVE NOW UPSIDE 5350+ MUST CROSS & SUSTAIN THAT , IF NOT HEAVY SELLING MIGHT BE EXPECTED.
SO TOMORROW A CRUCIAL DAY AS OUR MARKET HAS TO GAIN PREMIUM ON ITS OWN.SHORT VCOVERING CAN ONLY BE SEEN IF 5350+ IS CROSSED, OTHERWISE RUTHLESS SELLING PRESSURE WILL BE THE LURKING DANGER IN SHORT TIME. 
EVERY NOW & THEN,A NEW FINANCIAL POLICY WILL BE ANNOUNCED,SO MARKET WILL BE GEARED UP FOR PRE-BUDGET RALLY(UP OR DOWN???).GRADUALLY IT WILL SET ITS TONE FOR BUDGET.

MONDAY MAGIC 18-01-10

FOR INTRADAY TRADING U CAN BUY IF IT OPENS DOWN TOWARDS 5238-5228 KIND OF LEVEL.IF FIRST HALF REMAINS WOBBLY THIN STRIP THEN 2ND HALF SHOULD BE GOOD FOR TRADING.AFTER SETTLING INITIAL MOMENTS,ONE CAN GO LONG IN THE CAS OF GAP DOWN OPENING.FEW PICS ARE:
(1)HIND OIL:SUPPORT AT 309,ONE CAN BUY FOR 317-22+ TGT.WEAK BLW SUPPORT.
(2)NIIT LTD:BUY ABV 78.80 WITH STOP AT 75.50 FOR TGT UPTO 81-82.WEAK BLW SUPPORT TOWARDS 73-72 MARK.
(3)SESA GOA:LOOKS WEAK ON CHART BLW 409 MAY GO DOWN TO 404-01 MARK WITH STOP AT 414.
(4)CENTURY TEXTILES LOOKS GOOD FOR TGT OF 600.JUDGE UR OWN LEVEL.
HAPPY TRADING.

POST MARKET REPORT 15-01-10

• NIFTYWISE 5200 IS SUSTAIN.IF THTS THE CASE FOR NEXT TWO DAYS THEN WE MAY SEE CROSSING OF 5300+.LOTS OF PUT WRITING DONE LAST WEEK.BUT MAY INITITA DEPENDS UPON THE GLOBAL PHENOMENON.
• BREACH OF 5200 IS SOMEWHAT A FREE FALL TOWARDS 5160-5130 KIND OF LEVEL.
• WEEK AHEAD U CAN SIMPLY SAY THE PREVIOUS WEEK LOW 5170 AROUND A SUPPORT LEVEL.U CAN INITIATE LONG FROM THERE ONWARDS WITH MUST QUITTING POINT OF 5130 LEVEL.
• I THINK WEEK AHEAD U CAN EXPECT SOME BULLISH MOVE ALONG WITH INTRADAY CORRECTION,SHOULD HEAD TOWARDS ITS 52 WEEK HIGH.
• KEEP JUDGING THE TREND FOR UR FRESH POSITION.

ABOVE 5273 SPOT NIFTY MARK,PLAY LONG,BUT 5233 IS A BEARISH SIGN,BETWEEN THAT U WILL SEE A LOT OF VOLATILITY.BE STOCK SPECIFIC & TRY TO GET OUT AS EARLY AS POSSIBLE.FEW PICS ARE:
(1)PATEL ENGINEERING:ABV 478 TGT 484-86 SL 474
(2)RELIANCE:ABV 1124 TGT 1134-36----BLW 1117 TGT 1105-03
(3)IVRCL INFRA:ABV 396 TGT 401 SL 392
(4)OIL COUNTRY:ABV 137 TGT 141-42 SL 134
(5)GRASIM:ABV 2855 TGT 2880-85----BLW 2836 TGT 2805-2800.
HAPPY TRADING.

POST MARKET REPORT 14-01-10

BULLISH DOW ALONG WITH BULLISH ASIAN COUNTERPART,EXPECTING A GAP UP OPENING & DID SO.BUT OPENING CANT BE A DECISIVE FACTOR FOR BULLISH MOVE THROUGH THE DAY,BUT HAVING NARROW FLAT,STRIP RANGE BETWEEN 5242-5272.NOW,KEENLY WATCH THE LEVEL OF 5273 FOR BREAKOUT.LOOKLIKE ON THURSDAY,DOW MAY PLAY ITS RVERSE GAME TO TRAP ASIAN PEER.TOMORROW ALSO THE DAY OF SOLAR ECLIPSE WHICH MAY GIVE ITS PLANETARY EFFECT TO MARKET.ON 15TH JAN 1991 & 15TH JAN 1972,THE PLANETARY DESIGN WAS THE SAME AS TOMORROW'S ECLIPSE.AFTER THOSE ECLIPSE,MARKET BOOMED..WILL IT HAPPEN AGAIN?CERTAINLY,BUT NOT IN QUICK SUCCESSION.MAY WASH SOME WEAKER HANDS TILL PEOPLE BELEIVE ABOUT BEARISHNESS,AND WILL SUDDENLY CHANGE ITS MOOD.I M BULLISH FOR MARKET IN SHORT TO MEDIUM TERM.

DELIVERY DESK

BUY SKF INDIA FOR SHORT TERM GAIN OF 10%.

FLY HIGH WITH UR AMBITION 14-01-10

AS A GUJARATI,WE R IN FETIVE MOOD OF MAKARSAKRANTI WHICH COMES ONCE IN A YEAR.JUST ENJOY WITH UR CHOSEN WAY(WHATEVER)  MAKARSAKRANTI TEACHES A LOT OF THING.JUST LEARN & DIGEST ALL THOSE LESSONS.VERY HELPFUL IN MARKET AND IN INDIVIDUAL'S LIFE.WELL,NOTHING TO GIVE ANYTHING FOR TODAY.HAVE A GOOD & COLORFUL TIME TO EVERYBODY.

POST MARKET REPORT 13-01-10

GAP DOWN FORESAID THY MINTED MONEY,FLEW HIGH WELL IN ADVANCE BEFORE MAKARSAKRANTI.KITE-LOVERS SHOULD EXPECT THE FLYING START OF MARKET & IT DID SOMEWHAT CLIMBING TO REASONABLE LEVEL.FOR GUJARATIS & ESPECIALLY FOR KITE-LOVERS,THE DAY OF MAKARSAKRANTI IS UNOFFICIALLY OFF TO MARKET.BUT SEBI SHOULD CONSIDER & DECLARE ALL THOSE HOLIDAYS LIKE MAKARSAKRANTI,RAKHI TYOHAR AS OFFICIAL HOLIDAYS IN ITS GAZZETTE.THE REASON BEHIND THIS IS THAT MORE GUJARATI PEOPLE ARE INVOLVED IN DAY TO DAY TRANSACTION.FORWARD MAILS TO UR KNOWN TRADERS TO RAISE COMMON VOICE ABOUT THIS.SEBI DONT MIND IN GIVING HOLIDAYS LIKE NEW YEAR.EID-UI-FITR,RAMZAN-EID,CHRISTMAS.WE ALSO DONT MIND,BUT WHATS WRONG IF THEY GIVE HOLIDAYS FOR THOSE LIKE I MENTIONED.WELL,THEY THOUGHT OTHERWISE.LETS NOT THINK MUCH,COZ IRRESPECTIVE OF THAT WE ARE OFF TO IT.

WEDNESDAY PICS 13-01-10

FOR INTRADAY TRADING,SUPPORT EXISTS AT 5170 EXTENDED TOWARDS 5160(IF US & ASIAN PEER CORRECTS) & UPPER SIDE 5230-50 CLIMBING IS SWEATING EXPERIENCE FOR NIFTY.MARKET IS DECIDING ITS OWN VOLATILE,NARROW,FLAT,KILLING TREND RANGE.FIGURE OUT THE TREND & U WILL BE THE ULTIMATE WINNER.NIFTY HEAVY RELINCE,INFY,SOME BANKS MAY SHOW CORRECTIVE BOUNCE FROM LOW.
(1) RELIANCE:DEEP BUY OR ABV 1089 TGT 1 TO 1.5%
(2)INFOSYS:ABV 2585 OR DEEP BUY POSSIBLE THEN GO TOWARDS 2599-2603
(3)ICICI BANK:AGAIN DEEP BUY OR ABV 851 TGT 857-60 SL 845.
U CAN FOLLOW THE SAME STRETEGY IN AXIS BANK AS GIVEN YESTERDAY.
SOME STEEL COUNTERS MAY ALSO SHOW CORRECTIVE BOUNCE.WAIT & WATCH.

POST MARKET REPORT 12-01-10

WELL,THTS THE INDIAN MARKET.EVERYTHING IS ROSEY AROUND & STILL DEVOID ITSELF FROM THE BULLISH FRAGRANCE.GOOD IIP NO. COUPLED WITH POSITIVE INFY RESULT DIDNT GIVE BOOST.SOME DAYS AGO I WROTE IN ONE OF THE POST MARKET REPORT ABOUT CORRECTION TOWARDS 5181 MARK & QUOTED THT IT IS HEALTHY FOR GOOD FOLLOW UP BOUNCE.CENT PERCENT DID THAT. WHAT TO SAY NOW? CORRECTION LASTS TILL WEAKER HAND WASHED OUT & THEN LONG POSITION FACILITATION WILL BE CREATED BY BIG BROTHERS.CORRECTION MAY DEEP DOWN TOWARDS 5175-5160.GOOD IF IT RETESTS THT MARK. IF DOW & ASIAN MARKETS CORRECTES TOMORROW,THEN WE MAY SEE SOME GAP DOWN OPENING OR ELSE U MAY SEE THE SAME ZIG-ZAG TREND WITH PRESSURE TO DOWNSIDE.IF OPENS GAP DOWN TOWARDS 5175-5181 BOLDLY GO LONG. WISH WELL FOR MARKET AS EVERYTHING IS SUPPORTIVE FOR SPRING BOUNCE.

TUESDAY TWIST 12-01-10

ON TUESDAY,BE STOCK SPECIFIC RATHAR TO WORK ON INDEX FUTURE.SOME AUTO & PHARMA STOCKS MAY SHOW CORRECTIVE BOUNCE,AS WE HAVE ALREADY GIVEN MARUTI IN AUTO SEGMENT FOR GOOD SHORT TERM GAIN.INFORMATION TECHNOLOGY IS ALSO ONE SECTOR WHICH MAY SHOW CORRECTIVE BOUNCE TILL THE END OF THIS WEEK.SOME PICS ARE:

(1)HANUNG TOYS:ABV 122.5 TGT 126-27 SL 120
(2)JK TYRE:BUY FOR TGT OF 165-66 & MORE SL 157
(3)AXIS BANK:ABV 1052 TGT 1062-63----BLW 1045 TGT1036-35
(4)RELIANCE:ABV 1088 TGT 1100-05----BLW 1074 TGT 1060-58.
(5)NIFTY FUTURE:ABV 5268 TGT 5288-95----BLW 5249 TGT 5230-20(ADJUST SL).
ALSO LOOK FOR LUPIN ABV 1420 FOR TGT OF 1430-33
IF MARKET OPENS NEAR 5230-20 THEN SURE BUY.COVER UR SHORT IF MARKET CROSSES 5300 MARK.
HAPPY TRADING.

POST MARKET REPORT11-01-10

FLAT,CHOPPY,RANGEBOUND & DULL ARE THE WORDS WHICH R SUITABLE FOR NOWADAYS MARKET.MARKET AT ITS 52 WEEK PEAK IS PAUSING A LOT,NEITHER GIVING DECISIVE BREAKOUT ABV 5300 NOR BREAKING 5230 FOR MILD CORRECTION.LOOK LIKE,IT IS EXPECTING SOMETHING FROM RESULT FRONT OR ECONOMIC POLICY FRONT ALONG WITH ASTRO DATA OF SOLAR ECLIPSE WHICH WILL HAPPEN AT THE END OF THIS WEEK I.E 15TH JAN.INFOSYS MAY NOT PUSH UP THE MARKET WITH ITS RESULT.BUT THE KING OF MARKET RELIANCE MAY GIVE ITS EFFECT BEFORE OR AFTER NOT ON THE RESULT DAY.ON TUESDAY,MARKET HAVING SUPPORT AT FRIDAY LOW I.E. 5233 & RESISTANCE AT PSYCHOLOGICAL LEVEL I.E. 5300.EITHER SIDE BREAKS GIVE SOME SOME JERK OR PUSH BUT NOT MORE THAN 20 TO 30 POINTS.NOWDAYS MOVEMENT OF 20 TO 30 POINTS FOR NIFTY IS REALLY A TOUGH CLIMBING.EXPECTING ANOTHER FLAT,CHOOPY DAY ON TUESDAY.

POST MARKET REPORT(08-01-10) & MONDAY MOMENTUM(11-01-10)

AS I M BUSY WITH HOSPITAL NOTHING MUCH TO UPDATE,STILL GIVE ATTENTION TO
 TECH MAHINDRA ABV 1055,AJMERA REALITY ABV 232 & BHUSAN ABV 1630.THEY ALL LOOK FIREY ABV THIS LEVEL.
HAPPY TRADING.

FRIDAY FEAST 08-01-10

SOME PICS ARE:
(1)JAIN IRRIGATION:ABV 885 TGT 895-97 SL 879
(2)JYOTI STRUCTURE:ABV 180 TGT 184-85 SL 177
(3)KOTAK BANK:ABV 844 TGT 850-52 SL 839----BLW 834 TGT 827-26 SL 839
(4)SAIL:BLW 240 TGT 236-34 SL 244.
HAPPY TRADING

POST MARKET REPORT 07-01-10

CHOPPY,RANGE-BOUND & FLAT SESSION FOR LAST THREE DAYS BETWEEN 5250-5300.NIFTY COVERED THEE GAP,BUT LAST FEW MINUTES EXPERIENCED SELLING PRESSURE.HOPE EITHER WAY IT GIVES BREAKOUT,SO ONE CAN TRADE WITH SOME MINDSET RATHAR TO WORK IN VOLATILE FLAT ZONE.

nifty-ongc

As i wrote yesterday NIFTY is not able to cross 5300-5310 and broke yesterday's low till now.
ONGC is holding the level of 1220. if this level is broken exit long at cost to cost.

THURSDAY PICS 07-01-10

NOT MORE THAN TWO CALLS.
(1)CHENNAI PETRO:ABV 234 TGT 238-39 SL DAY LOW
(2)PNB:ABV 945 TGT 953-54 SL 939

POST MARKET REPORT 06-01-10

NIFTY MOVED IN VERY FLAT RANGE,LOOK LIKE IT IS CONSOLIDATING AT THIS MOMENT,LOW VOLUME CONCERNING FACTOR AS DERIVATIVE HAS NOTHING TO KEEP THE TURNOVER RATE UP.IF WE HAVE ONE CORRECTION TOWARDS 5181 THEN IT WILL BE HEALTHY FOR MARKET.LETS SEE.IT CONTINUES ITS RUN BY BREAKING 5300 OR WILL CORRECT FIRST THEN MOVE UP.

NIFTY

Nifty has moved steadily from the breakout of 5180. But nifty will face resistence near 5298-5310. Once this resistance is broken, it will favour bulls otherwise......

ONGC

ONGC is breaking important resistence level of 1220 today. If it gives close above 1220 can do 1250-1270 in near term.

WEDNESDAY PICS 06-01-10

ON WEDNESDAY,MARKET IS HAVING SUPPORT AROUND 5255 & BREACH OF WHICH MAY COVER TUESDAY GAP UP OPENING RANGE TOWARDS 5238-39.UPSIDE 5299 A PAUSE LEVEL,SHOULD BREAK FOR UPMARK.TILL THEN IT MAY BE IN THE RANGE OF 5252 TO 5299.FEW PICS ARE:

(1)BHARAT FORGE:ABV 285 TGT 289-90 SL DAY LOW

(2)BHARTI AIRTEL:ABV 332.5 TGT 336-37 SL 329.5

(3)BHUSAN STEEL:ABV 1519 TGT 1530-33 SL 1509

(4)SBI:ABV 2299 TGT 2310-12 SL 2292----BLW 2287 TGT 2276-74 SL 2295

(5)NIFTY FUTURE:ABV 5292 TGT 5310-22(ADJUST SL)----BLW 5272 TGT 5255-5242.

HAPPY TRADING.

POST MARKET 05-01-10

AS SAID YESTERDAY,AS LONG AS 5200 HOLDS,MARKET IS IN NORTH DIRECTION.TODAY CRUCIAL RESISTANCE 5250 CROSSED BY GAP UP OPENING AND THROUGHOUT THE DAY IT HOLDS THAT MARK & CLOSED TO ALMOST DAY HIGH.SUPPORTING TO THAT MARK NIFTY SHOULD REACH 5353 TO 5400+ MARK.TRADING SESSION MAY REMAIN CHOPPY OR WE DO HAVE MILD INTRADAY CORRECRTION,BUT DECLINE IS A GOOD BUYING OPPERTUNITY FOR POSITIONAL HOLDER.HAPPY TRADING.

TUESDAY PICS 05-01-10

FEW CALLS ARE.
(1)PUNJ LLOYD:ABV 211 TGT 215-16 SL 208
(2)RELIANCE:ABV 1080 TGT 1092-93----BLW1070 TGT 1058-56
(3)AXIS BANK:BLW 988 TGT 981-80 SL 995.
ALSO KEEP WATCH ON RPOWER ABV 157.5 FOR 160-61.
HAPPY TRADING

POST MARKET REPORT(04-01-10)

MARKET WAS CHOPPY BUT POSITIVE,HOLD 5200.IF IT HOLDS THAT MARK,WE CAN EASILY GO TO UPSIDE,OTHERWISE BREAK OF THAT DRAGG TO 5000-SUB LEVEL.WATCH IT CLOSELY.

MONDAY MAGIC 04-01-10

FIRST TRADING DAY OF NEW YEAR STARTS WITH NEW TIME AT 9 O'CLOCK.THE FIRST DAY HAVING GOOD BUILT ON PLATFORM OF LAST YEAR .
NOW IT HAS TO MOVE ON FROM THERE ONWARDS.DURING MONDAY .
IT IS HAVING 5188 THEN TO 5160 SPOT SUPPORT,  WHICH IS A VERY GOOD BUY LEVEL FOR THE MOMENT.UPSIDE MAY FACE RESISTANCE TO PREVIOUS YEAR HIGH AROUND 5222.CROSS OF THAT GO UPTO 5252.THTS TRADING RANGE ON MONDAY.SOME PICS ARE:-
(1)HCL TECH:ABV 377.5 TGT 383-84 SL 374(ONLY BREAKS ABV 377.5 ONLY,USE THIS LEVEL ON MONDAY OR WHEN IT CROSSES THIS MARK)
(2)ALSTOM PROJECT:ABV 580 TGT 586-87 SL.575
(3)TATA MOTORS:ABV 799 TGT 805-06 SL 794---BLW 785 TGT 778-76 SL 794
(4)TATA STEEL:ABV 619 TGT 625-26----BLW 613 TGT 607-05
(5)NIFTY FUTURE:ABV 5212 TGT 5230-43----BLW 5190 TGT 5168-55.(ADJUST SL).
HAPPY TRADING.

POST MARKET REPORT 31-12-09

THIS IS THE LAST BUT NOT LEAST POST MARKET REPORT OF 2009-THE YEAR WHICH WAS THE TRIGGERING YEAR FOR INDIAN STOCK MARKET.WHEN EVERYTHING LOOKS GLOOMY & DARK,YEAR BROUGHT A GOOD HEALING TOUCH & TOOK THE MARKET TO SOMEWHAT A CONSIDERABLE LEVEL. NOW,EVERYBODY IN THE MOOD TO SAY,YES!MARKET AB ACCHA LAG RAHA HAI!!!! HEADLINES FLASHED,MEDIA COVRING,SO -CALLED TECHNICAL ANALYSTS--EVERYBODY WAS AGAINST THE MARKET IN THIS YEAR,BUT AS ALWAYS IT OVERCAME EVERY BEAR FORECATER. GOOD ELCTION RESULT,GOOD GDP NO.,GOOD COMPANY RESULTS,RBI'S GOOD INTIATIVES FOR CURBING THE RECESSSION---ALL THOSE FACTORS COMBINE TO BOOST THE ALL WANTING UP MOVE.  NOW WHERE CAN IT GO?I ALREADY TOLD IN MY PREVIOUS REPORT THAT IT HAS GOOD STRENGTH TO GO UPTO 6000 MARK,POSSIBLY IN NEAR FUTURE.ALTHOUGH.IT'S NOT THAT VERTICAL UPMOVE,BUT FOLLOWING TECHNICALS & GLOBAL MARKET .INFLUENCES IT MAY GRADUALLY MOVE TOWARDS THE MENTION MARK SO EVERY DECLINE IS A GOOD BUY OPPERTUNITY FOR GENUINE BUYERS.   
WEEK AHEAD IT MAY TRY TO GO TOWARDS RESISTANCE POINT 5222,CROOSING IT MAY GO TO 5252 & THEN TO MAY 08 HIGH UPTO 5299.DOWNSIDE AS ALWAYS 5160-30 GOOD SUPPORT.BREACH OF WHICH MAY TAKE IT 5090-5050 LEVEL
FIRST DAY OF TRADING AT 9 0'CLOCK--FIRST EXPERIENCE.LET SEE WHAT COMES OUT?HAVE A GREAT YEAR & HOPE FOR THE BEST IN TERMS OF TRADING.
HAPPY TRADING WEEK.