BUDGET MOVIE

FRIDAY A MOVIE IS GOING TO BE RELEASED
NAME : UNION BUDGET
HERO: PRANB BABU.
WELL,SUSPENSE WILL BE UNCOVERED & THT WILL DECIDE THE FATE OF INDIA'S ECNOMIC HEALTH AT BOX OFFICE IN THE FORM OF STOCK MAREKT.WAIT TILL RELEASE...

POST MARKET REPORT(24-02-10)

RAILWAY BUDGET EFFECT:NIFTY NOTHING TO TRADE,CHOPPY,FLAT,TRADING IN NARROW BAND,THURSDAY EXPIRY & ECONOMIC SURVEY & THEN ON FRIDAY UNION BUDGET.HOLIDAY ON MONDAY,TAKE THE MINI VACATION & AVOID MARKET FOR FEW DAYS.
NO PRE MARKET CALLS TILL MONDAY....

WEDNESDAY PICS 24-02-10

ON TUESDAY U CAN WATCH SOME OF THE STOCKS WHICH ARE:
(1)RCOM:ABV 162 TGT 165-66 SL 159----BLW 156 TGT 153-52 SL 159
(2)VARUN IND:BUY ABV 177-79 TGT 182-83 SL 175
(3)TATA POWER:BLW 1248 TGT 1240-38 SL 1257
(4)RELIANCE:ABV 983 TGT 990-93----BLW 978 TGT 970-68.
(5)INFOSYS FUTURE:BUY & HOLD ON CROSSEOVER OF 2583 FOR TGT OF 2595-98(SL ADJUST).
KEEP WATCH ON WIPRO.

TUESDAY PICS 23-02-10

MARKET IS HIGHLY VULNERABLE TO GO BEYOND 4930 & IT IS FOR THE MOMENT A NECKLINE.SO INCHING TOWARDS THT ALWAYS INDUCE SHORTING TRADE IN LAST FEW DAYS.ON TUESDAY,IF OPENS UP & GO TO 4900 MARK SHORT IT & IF OPEN AROUND 4830 MARK BUY IT.THT WILL BE THE PROBABLE APPROACH IN MY VIEW.FEW PICS ARE:
(1)JET AIR:ABV 459 GO UPTO 464-65 SL 455----BLW 447.5 TGT 442-41 SL 451
(2)RELMEDA:SELL BLW 217 TGT 213.5-212.5 SL 220
(3)RELINFRA:ABV 990 GO UPTO 998-1001----BLW 981 TGT 973-71
(4)ACC:ABV910 TGT 917-18 SL 905---BLW 902 TGT 895-93 SL 907.
KEEP AN EYE ON HOTEL STOCKS.....

MONDAY PICS(22-02-10)

PLAY SAFE AS BUDGET IS HOVERING OVER MARKET,LOOK LIKE GOOD SIGN OF BOTTOMING OUT & EXPECT THT IT WILL DO ITS WONDER IN COMING DAYS.BUT TRADE WITH SOME CAUSION.FEW PICS ARE.(1)RELCAP:SELL BETWEEN 748-53 FOR TGT OF 738-735 SL 757(2)STER:SELL BETWEEN 755-60 FOR TGT OF 745-43 SL 766(3)IOC:ONLY ABV 326.5 TGT 332-33 SL 323(4)PNB:ONLY ABV 900 TGT 907-09 SL895.KEEP AN EYE ON TATA POWER MAY GO UPTO 1255-60.

FRIDAY PICS(19-02-10)

WITH POSITIVE GLOBAL MARKET NIFTY MAY RISE UPTO 4898 TO 4915-20,IF SUSTAINED THEN IT SHOULD CROSS 4930 FOR GOOD MOVE.IF RETRACE FROM THERE THEN THERE SHOULD BE 4880-67-60 KIND OF MOVE.LOW OPENING WILL BE GOOD BUYING OPPERTUNITY.FEW PICS ARE
(1)OPTO CIRCUIT:BLW 206 TGT 202-01 SL 209
(2)RELCAP:ABV 754 TGT 761-63 -----BLW 748 TGT 741-39
(3)AXIS BANK:ABV 1105 TGT 1115-18 SL 1098----BLW 1090 TGT 1080-78 SL 1100
(4)L&T:ABV 1484 TGT 1494-96 SL 1478----BLW 1472 TGT 1462 SL 1480.
ALSO KEEP AN EYE ON LUPIN & SBI.

POST MARKET REPORT(18-02-10)

MARKET IS LACKING IN UPMOVE BY MAKING LOWER HIGH & LOWER LOW,TOUGH CLIMBING NOT ONLY TO 4950,EVEN LAST WEEK HIGH OF 4930 ALSO.BULLS NEED STRONG ATTEMPT TO CROSS OVER IT & I THINK THT SHOULD BE DONE WITH GAP UP OPENING ONCE NIFTY CLOSE TO 4930 KIND OF LEVEL.LAST WEEK HIGH OF 4844 SHOULD ACT AS SUPPORT EXTENDED TO 4827 KIND OF LEVEL.CHOPPY MARKET,BE STOCK SPECIFIC & CONCENTRATE ON SOME BANK & CONSUMER GOOD STOCKS.

THURSDAY PICS(18-02-10)

BULLS-BEARS GAME ON THURSDAY DEPENDS ENTIRELY ON STRONG/WEAK WORLD MARKET OUTCOME.SOLID DOES TO 4930 THEN TO 4950 WHERE EXTRA ATTEMP NEEDS TO CROSS.IF NOT COUPLED WITH WEAK GLOBAL CUES FELL TO 4900 THEN TO 4883 TO 4866.BUYING EXPECTED AT THIS LEVEL OF 4866.TRADE WITH TREND.FEW PICS ARE:(1)BHEL:ABV 2402 TGT 2418-22 SL 2388(2)TCS:BLW 758 TGT 751-49 SL 763(3)HDFC BANK:ABV 1650 TGT 1665-68 SL 1642.ALSO WATCH DLF BLW 300 MAY CRASH.

POST MAREKT REPORT(17-02-10)

AS PER EXPECTATION,NIFTY MOVED,RESISTED AT 4930,TOOK SUPPORT AROUND 4880 & CLOSED ABOVE 4900.IT'S JUST DOW POSITIVE EFFECT,NOTHING ELSE.BUT,WILL IT CONTINUE UPMOVE?????WELL HIMALAYAN TASK IS 4950 CROSSING & SUSTAINING,THEN CERTAINLY GO UPTO 5050 MARK.IF NOT,FREE FALL--A LOOMING,LURKING POSSIBILITY.I THINK IN THIS CLEARING IT SHOULD REACH TO ATLEAST AROUND 5030-50 KIND OF LEVEL.BE LONG OVER 4880.

WEDNESDAY PICS(17-02-10)

FEW PICS ARE:
(1)INDIABULLS REAL ESTATE:ABOVE 184 TGT 188-89 SL 181
(2)DLF:ABV 312 TGT 316-17 SL 309----BLW 306 TGT 302-01 SL 309
(3)DIVIS LAB:ABV 585 TGT 592-94 SL 580-----BLW 575 TGT 569-67 SL 580
(4)TATA POWER:ABV 1239 TGT 1250-52 SL1232.------- ALSO PAY ATTENTION TO CENTURY TEX MAY GO UPTO 503-05.----POSITIONAL BUY RENUKA SUGAR FOR TGT OF 190 WITH STOP AT 178.

POST MARKET REPORT(16-02-10)

SHORT COVERING ABOVE MONDAY HIGH OF 4845 LEADS TO SHARP UPMOVE,BUT AS IT WAS OF LAST MINUTE BOUNCE & GENERALLY NOT RELIABLE.THOUGH,GOOD BULISH SIGN FOR NEXT UPMOVE IS NOT RULED OUT CONDITIONED TO HAVE STRONG DOW & BULLISH ASIAN GROUP MARKETS WHAICH CAN DECISIVELY TAKE IT ABOVE 4900 TILL 4939-4949.4880 PIVOTA LEVEL SHOULD BE SUSTAINED.NOWADAYS WE SEE NIFTY TRADE IN OTHER DIRECTION AFTER BULLISH SIGN,SO BE CAUTIOUS IN TRADING.4845 A STRONG SUPPORT LEVEL SHOULD BE SUSTAINED,OTHERWISE FRESH SHORT WILL BE INITIATED.LOOK LIKE MARKET MAY PUSH TOWARDS 4900+ ZONE WITH THE WAY IT SHOWS ITS INTRADAY STRENGTH.HOPE FOR THE BULL MOVE.

TUESDAY THUNDER 16-02-10

FEW PICS ARE
(1)PUNJ LLOYD:BLW 171 TGT 167-66 SL 174----ABV 176 TGT 179-80 SL 173
(2)YES BANK:BLW 231 TGT 227-26 SL 234----ABV 237.5 TGT 242-43 SL 234...
(3)ICICI BANK:SELL FOR TGT OF 809-806 SL 826...
NOTHING MORE TO GIVE BUT CAN ACCUMULATE HINDALCO FOR GOOD GAIN.

POST MARKET 15-02-10

GOOD IIP NO. DISCOUNTED THE GOOD GAIN FOR THE MARKT,SLIDES BELOW 4800 & JUST CLOSED FLAT.LOW VOLUME,THIN BEND OF 50-60,SOLID SUPPORT AT 4760 EQUALLY STRONG RESISTANCE AT 4850.BETWEEN THT MARKET IS BORE TO TRADE.BE STOCK SPECIFIC & TRADE THE UP OR DOWN BREAK STOCK.

MONDAY PICS(15-02-10)

GOOD IIP NO. MAY BOOST THE MARKET,CONDITIONED TO SUPPORT THE ASIAN PEER.CHANCES ARE MORE TO GO TOWARDS 4900+ IN COMING DAYS.FEW PICS ARE:(1)MPHASIS:ABV 732 TGT 737-39 SL 728(2)TATA POWER:BUY WITH STOP AT 1255 FOR TGT OF 1278 TO 1282(3)DCHL:ABV 156 TGT 160-61 SL 153(4)MARUTI:POSITIONAL BUY ABV 1375 TGT 1410-20 SL 1350

THURSDAY PICS(11-02-10)

SHARP CUT WAS SEEN AFTER INITIAL ZIG-ZAG SHOW.4700,4800 PUT ACTIVE SUGGESTS THE DOWNSIDE PRESSURE AS 4800 DIDNT HOLD & ON INTRADAY BASIS 4750 WAS ALSO BROKEN.FEW PICS ARE:(1)BHARAT FORGE:ABV 248.5 TGT 253-54 SL 245.5-----BLW 243 TGT 239-38 SL 246.5(2)RELIANCE:ABV 992 TGT 1003-06---BLW 986 TGT 975-73(3)HDIL:ABV 308.5 TGT 313-14----BLW 305 TGT 299-97(4)ICICI BANK:BUY AROUND 799 FOR TGT OF 808-810 WITH STOP AT 791.

WEDNESDAY PICS(10-02-10)

MARKET SUSTAINED 4700 LEVEL & ABLE TO CROSS 4800 MARK BUT COULDNT CLOSE ABV 4800 MARK DUE TO SELLING PRESSURE.IF 4800 MARKE SUSTAINED FOR COUPLE OF DAYS WE MAY SEE 4950 MARK SOON OR ELSE 4650 IS THE NEAR TERM POSSIBILITY.FEW PICS ARE
(1)DLF:SELL BLW 303.5 TGT 299.5-298.5 SL 307.25
(2)PUNJ LLOYD:SELL BLW 173 TGT 169-66 SL 176
(3)RELCAP:BLW 763 TGT 756-54 SL 771
(4)BHARTI AIRTEL:ABV 316 TGT 320-21----BLW 313 TGT 309-08.
POSITIONAL BUY MARUTI FUTURE IF BREAKS 1375 WITH STOP AT 1350 FOR TGT OF 1410-20.

TUESDAY PICS(09-02-10)

FEW PICS ARE:(1)TATA POWER:ABOVE 1286 TGT 1297-1300 SL 1272(2)RELIANCE:ABV 1000 TGT 1012-15 SL 990(3)JK TYRE:ABV 185 TGT 187.8-188.9 SL 182(4)MCLEOD RUSSEL:ABV 241 TGT 245-46 SL 237.5.ACCUMULATE GTL INFRA/MTNL/OPTO CIRCUIT TILL BUDGET.

MONDAY PICS(08-02-10)

FEW PICS ARE(1)ICICI BANK:ABV 811 TGT 818-20----BLW 802 TGT 794-792(2)GSFC:ABV 220 TGT 224-25 SL 217(3)DABUR:ABV 172 TGT 176-177 SL 169.5(4)BHEL:ABV 2312 TGT 2328-30----BLW 2300 TGT 2388-86.

FEW PICS ARE
(1)JET AIRWAYS:ABV 473 TGT 477-78 SL 469-----BLW 460 TGT 456-55 SL 464
(2)DABUR:ABV 172 TGT 175-76 SL 169.50

POST MARKET REPORT(05-02-10)

AS EXPECTED OPENED GAP DOWN & DIDNT LOOK BEHIND,FALL WAY DOWN TO 4700 MARK & CLOSED JUST ABOVE THAT.TOMORROW JUST A TRADING SESSION BETWEEN 11 to 12:30 & HENCE NOTHING TO DO WITH TOMORROW.BUT TECHNICALLY ITS JUST A OVERSOLD ZONE MAY PULL BACK BEFORE GETTING BACK TO 4600-4580 KIND OF LEVEL.WAIT & WATCH FOR CLEAR INDICATION FOR GOOD UP RALLY.

HARSHLY SHORTED NIFTY MAY CONTINUE ITS DOWNWARD JOURNEY TILL 4766 LEVEL,MAY BOUNCE A BIT FROM THERE.BUT INTRADAY TRADERS MUST USE THE SHORTING OPPERTUNITY AT EVRY RISE TILL 4860 WITH MUST QUIT POINT AROUND 4880.NIFTY HEAVY RELIANCE & OTHER BIG B WILL BE SHORTED NOW AT EVERY BOUNCE.LOOK LIKE IT MAY REST AT 200DMA 4650 MARK,IF IT BREAKS 4750.FEW PICS ARE
(1)BAJAJ HINDUSTHAN:BLW 187.50 GO DOWN TO 184-83 SL 190.50
(2)TATA POWER:ABV 1281 TGT 1290-92---BLW 1271 TGT 1262-60
(3)SASKEN:BLW 175 TGT 171.50-170.50 SL 178
(4)SUN PHARMA:ABV 1505 TGT 1515-17 SL 1495----BLW 1492 TGT 1482-80 SL 1502.

TUESDAY PICS(02-02-10)

NIFTY ON TUEDAY MAY SEE BULL-BEAR FIGHT.BREACHNG OF4929 MAY SOMEWHAT LEAD BULL TO TAKE NIFTY TOWARDS 4959,IF IT BREACHES THT MARK MAY SIMPLY TAKE IT TO 4977.LOWER SIDE BREACH OF 4888,WILL TAKE IT TO 4860 LEVEL.BULL WILL PUT ALL THEIR EFFORTS TO KEEP THE NIFTY UP & OVER 4900 TO 4960.LETS SEE WHAT GLOBAL MARKET'S OUTCOME FACTORISE TOMORROW.FEW PICS ARE(1)INDIAN BANK:ABV 183.50 TGT 187-88 SL 180.50(2)ROLTA:ABV 210 TGT 214-15 SL 207----BLW 201 TGT 197-96 SL 204