MONDAY PICS(31-05-10)

FEW PICS ARE:(1)ABAN:ABV 719 TGT 726-29 SL 712(2)REC:ABV 287.5 TGT 291.5-92.5 SL 284.5(3)BPCL:BLW 560 TGT 555-52 SL 565(4)TATA POWER:SELL AROUND 1271-73 TGT 1259-55 SL 1281(5)PIRAMAL HEALTH:BLW 496 TGT 491-49 SL 501

FRIDAY PICS(28-05-10)

FEW PICS ARE:(1)DR REDDY:ABV 1340 TGT 1350-55 SL 1330(2)TATA STEEL:ABV 496 TGT 503-05 SL 490(3)L&T:BLW 1615 TGT 1605-01 SL 1625(4)GESHIPPING:ABV 292.5 TGT 296.5-298 SL 289.

THURSDAY PICS(27-05-10)

FEW PICS ARE:
(1)ACC:SELL BLW 824 TGT 816-14 SL 830
(2)HDFC FUTURE:ABV 2702 TGT 2722-27 SL 2690
(3)WIPRO:ABV 655 TGT 660-62 SL 650
(4)ABAN:ABV 691 TGT 697-99 SL 686---BLW 670 TGT 664-62 SL 675

WEDNESDAY PICS(26-05-10)

IT MAY GO DOWN.IF NIFTY SPOT MARKET OPENED GAP DOWN & SUSTAIN 4750-40 BAND,THEN IT MAY BOUNCE FROM THERE.


FEW PICS ARE:
(1)JET AIRWAYS:BLW 475 TGT 470-68 SL 479
(2)BANK OF BARODA:BLW 670 TGT 665-63 SL 674
(3)ORIENTAL BANK:BLW 312 TGT 308-06 SL 315
(4)TATA CHEM:BLW 295 TGT 290-88 SL 299
(5)RELIANCE:BLW 976 TGT 968-65 SL 982.KEEP AN EYE ON BAJAJ-AUTO BLW 1994.

MONDAY PICS(24-05-10)

FEW PICS ARE:(1)ITC:ABV 274 TGT 278-80 SL 271
(2)IOC: ABV 335 TGT 339-41 SL 331
(3)TATA POWER:BUY AROUND 1258-60 TGT 1272-75 SL 1250
(4)REC: ABV 282 TGT 286-88 SL 281
(5)JINDAL STEEL FUTURE:AROUND 637-39 TGT 645-48 SL DAY LOW.HDIL,DLF MAY ALSO SPURT UP FROM ITS RECENT CMP.KEEP WATCH ON SOME REAL ESTATE COUNTERS.

FRIDAY PICS(21-05-10)

FEW PICS ARE:

(1)TCS:SELL AROUND 728-30 TGT 722-19 SL 736

(2)MUNDRA PORT:BLW 645 TGT 638-35 SL 651

(3)ICICI BANK:SELL AROUND 832-35 TGT 824-20 SL 841

(4)Dr.REDDY:ABV 1325 TGT 1335-38 SL 1318

(5)SESA GOA:BLW 345 TGT 340-38 SL 350

THURSDAY PICS(20-05-10)

FEW PICS ARE:
(1)RELINFRA:BLW 950 TGT 940-57 SL 957
(2)BANK OF BARODA:BLW 670 TGT 664-62 SL 675
(3)STERLITE:ABV 644 TGT 652-54 SL 638----BLW 632 TGT 626-24 SL 637
(4)CORE PROJECT:BLW 220 TGT 216-14 SL 223
(5)ICICI BANK: BUY AROUND 822-24 TGT 832-35 SL 816

WEDNESDAY PICS(19-05-10)

FEW PICS ARE:(1)ABAN:BLW 770 TGT 764-62 SL 775(2)RELIANCE:ABV 1035 TGT 1043-45 SL 1027-----BLW 1112 TGT 1004-1001 SL 1020(3)ONGC:ABV 1062 TGT 1072-75 SL 1055(4)TATA POWER:BLW 1300 TGT 1289-85 SL 1309(5)ASIAN PAINTS MAY FUTURE:ABV 2167 TGT 2185-90 SL 2155

TUESDAY PICS(18-05-10)

FEW PICS ARE:(1)RELINFRA:SHORT AROUND 998-1001 TGT 987-84 SL 1009(2)SESA GOA:ABV 392.5 TGT 396.5-98.5 SL 389.5(3)HDFC BANK:BLW 1919 TGT 1905-1901 SL 1928(4)CIPLA:ABV 316.5 TGT 320-21 SL 313.5

MONDAY PICS(17-05-10)

IF MARKET OPENS GAP DOWN & IF SUSTAINS 5030-50 LEVEL,THEN GO FOR BUY NIFTY WITH MUST QUIT POINT AT 5010.CALLS ARE:(1)CIPLA:BLW 311 TGT 307-05 SL 314(2)L&T:BLW 1518 TGT 1510-07 SL 1524(3)CENTURY TEXT:BLW 460 TGT 455-53 SL 464(4)AXIS BANK:BLW 1280 TGT 1270-67 SL 1288----ABV 1316 TGT 1325-28 SL 1309(5)HDIL:ABV 260 TGT 264-66 SL 257.

FRIDAY PICS(14-05-10)

FEW PICS ARE:(1)CANARA BANK:ABV 443 TGT 448-49 SL 439(2)DLF:ABV 307 TGT 311-12 SL 304(3)HDIL:ABV 260 TGT 264-66 SL 257(4)TCS:BUY AROUND 763-65 TGT 771-73 SL 757(5)AXIS BANK:ABV 1316 TGT 1325-28-----BLW 1307 TGT 1298-95(6)ABAN:BLW 996 TGT 988-85 SL 1002

THURSDAY PICS(13-05-10)

FEW PICS ARE:(1)PFC:ABV 285 TGT 290-92 SL 281(2)STERLITE:ABV 736 TGT 743-45 SL 731(3)SBI:ABV 2240 TGT 2260-70 SL 2220(4)RELINFRA:BUY AROUND 995-999 TGT 1010-1015 SL 989(5)AXIS BANK:ABV 1290 TGT 1303-05 ---BLW 1278 TGT 1258-56 SL 1286

WEDNESDAY PICS(12-05-10)

FEW PICS ARE:
(1)REC:ABV 268 TGT 272-74 SL 265
(2)AXIS BANK:BLW 1258 TGT 1250-47 SL 1266
(3)POLARIS:ABV 191 TGT 194.5-196 SL 188
(4)TCS:BUY AROUND 754-56 TGT 763-65 SL 748
(5)L&T:BLW 1536 TGT 1527-25 SL 1544

TUESDAY PICS(11-05-10)

TUESDAY PICS(11-05-10)

THE ROCKET LAUNCHED YESTERDAY LOOKS LIKE WILL MOVE FURTHER TO 5230 & IF CROSS 5230,THEN MAY GO TOWARDS 5280-5300.FEW PICS ARE:
(1)BHEL:ABV 2456 TGT 2470-75 SL 2445
(2)SBI:ABV 2322 TGT 2345-50 SL 2307
(3)INFOSYS:ABV 2485 TGT 2498-2505 SL 2475(4)TCS:ABV 775 TGT 782-83 SL 770

MONDAY PICS(10-05-10)

IF MARKET OPENS GAP DOWN TO 4980 & SUSTAINS 4950-56 BAND GO FOR DIP BUY,THT WILL BE THE ORDER OF THE DAY.FEW PICS ARE:
(1)GAIL:BLW 413 TGT 409-07 SL 416
(2)M&M:BUY DIP AROUND 520-18 TGT 524-26 SL 513 OR ABV 530 TGT 536-38 SL 524
(3)BIOCON:BLW 281.5 TGT 278-76 SL 284.5
(4)RELINFRA:BUY NEAR 970-73 SL 965 TGT 985-88

• Feb low nifty 4675 to April high 5399,the diffrence was 724,i.e. 15%+ increase to its low.while in the same period dow increase to 12% only,so nearly 3% more over-bought situation than peer dow index

• So indian market adjust its index to dow index in its move,it should be around 4850-4800 if dow trades around 10500 or so 

• I should say from all these points that indian market is outperformer than dow

• Dow index may try to touch its three months low around 9900,so can we see nifty around 4800 or more?????thts the question

FRIDAY PICS(07-05-10)

FEW PICS ARE:
(1)CANARA BANK:ABV 443 TGT 448-50 SL 439
(2)TATA POWER:SELL AROUND 1300-03 TGT 1290-87 SL 1310
(3)ICICI BANK:ABV 909 TGT 918-920 SL 902
(4)DIVIS LAB:BLW 697 TGT 690 SL 702
(5)AXIS BANK:BLW 1220 TGT 1200-1195 SL 1230.
LOOKS LIKE MARKET MAY FALL TODAY AS WELL ATLEAST TOWARDS 5000

THURSDAY PICS(06-05-10)

FEW PICS ARE:
(1)CROMPTON GREAVES:ABV 266 TGT 270-72 SL 263
(2)TATA STEEL:ABV 577 TGT 582-84 SL 573
(3)STER:ABV 752 TGT 758-60 SL 747
(4)RELCAP:BUY AROUND 706-09 TGT 717-20 SL 701
(5)PNB:ABV 1060 TGT 1072-75 SL1050.
IF MARKET OPEN GAP DOWN TOWARDS 5110-5100 MARK BUY AT THT DEEP WITH MUST QUIT POINT AT 5080.

WEDNESDAY PICS(05-05-10)

FEW PICS ARE:
(1)ORBIT CORPORATION:BLW 294 TGT 290-288 SL 297
(2)SUNPHARMA:BUY AROUND 1530-35 TGT 1555-60 SL 1515
(3)AXIS BANK:BLW 1252 TGT 1239-37 SL 1262
(4)MCLEOD RUSSELL:BLW 212 TGT 207-05 SL 215
(5)RELCAPITAL:SELL AROUND 723-25 TGT 715-712 SL 731.

TUESDAY PICS(04-05-10)

FEW PICS ARE:
(1)CHENNAI PETRO:SELL BLW 276.5 TGT 273-72 SL 279
(2)EDUCOMP:BUY AROUND 691-93 TGT 700-702 SL 686
(3)TCS:BUY AROUND 762-65 TGT 772-74 SL 758
(4)SESA GOA:BLW 400 TGT 396-94 SL 403