Wednesday, July 18, 2007

Market View and Intraday Calls - 18/07/07

Hello All

Hope you all had a nice trading day yeterday. All my calls yeterday including the sell on nifty were spot on. For me it is consolidation rather than correction, saying that my advise would be have cautious approach. Many individuals stocks are prone to correction and we have seen them as well. One can buy nifty today solely for the intraday trading only and book profits asap. Buy Nifty at around 4450 4440 sl 4430 tgt4490


Buy Bharti Tele - Tgt 870-875 sl 860

Buy SBI - Tgt 1590-1610 sl 1574

Buy Nagarjuna Fertilizers - Tgt 25.5 - sl 24

Sell - Sail - Tgt 151 and below 150 can go till 148. (sell only in down trend) sl 158.45

Buy DLF - Tgt 618.50 and above sl 605

Buy Unitech - Tgt 562-565 - sl 550

Buy WWIL - Tgt 69.5 sl 65.5

Buy Idea Cellular - Tgt 126.5 - 127.75 ++ sl 124

Tuesday, July 17, 2007

Market View - 17/07/07

Hi All

As told on yesterdays blog the markets at the end were flat. Expcect the same for the rest of the week. One can go short on nifty today by keeping a sl at 4530 for a target of 4485 and below. The support for nifty will be at 4450 which should not be broken for the rally to stabilize and continue. Sectors in Focus would be Pharma for the week, watch out for stocks like pancea bio, biocon, ranbaxy.


Intraday calls - 17/07/07

Sell JP Associates below 850 (will also be the sl). Target 836

Buy - Sail - Tgt - 163-165 - sl 155. One can accumulate this stock at lows for a target of 170++ before august 1st.

Buy Tata Motors - Tgt 765-770 sl 750

Buy GMR Infra at 870/875 levels for a target of 900++

Buy DCB - sl 112 - tgt 117++

Sunday, July 15, 2007

MARKET VIEWS - INTRADAY & SHORT TERM CALLS 16/07/07

HELLO ALL

HOPE YOU HAD A NICE TRADING WEEK. IF YOU REMEBER OR HAD GONE THROUGH MY BLOG AT THE START OF THE LAST WEEK, I HAD MENTIONED NIFTY AT 4450 AND SENSEX FIRST TARGET AT 15100 AND ANOTHER 200 POINTS UPSIDE ON THAT. WELL BOTH HAVE BEEN ACHEIVED.

NOW ITS THE TIME FOR THE SENSEX TO SETTLE AT THIS LEVEL ANYMORE UPSIDE WILL CAUSE A HUGE CORRECTION WHICH WE DONT WANT AT ALL. THIS WEEK SHOULD BE ONE OF SIDEWAYS MOVEMENTS WITH POSITIVE BIAS. EXPECT THE MARKETS TO BE UPBY ABOUT 1 TO 2 % . IF THE MARKETS SETTLE AT THIS LEVEL THE WEEK AFTER THIS WILL BE VERY INTERESTING WITH THE EXPIRY DUE AND THE HUGE SHORTS THAT HAVE BEEN BUILDING UP. ITS GONNA BE ONE CRAZY JULY!!!!.

MY ADVISE WOULD BE TO BOOK PROFIT IN STOCKS THAT HAVE RUN UP TOO SHARPLY.

UNITECH- MY POSITIONAL CALL GIVEN AT 520 LEVELS. I HAD GIVEN A TARGET OF 575 BUT IT TOUCHED 590 LEVELS. HOPE YOU ALL BOOKED OUT. ONE CAN ENTER THIS STOCK AGAIN WITH A INITIAL SUPPORT AT 542 AND 520. TARGET WOULD NOW BE ABOVE 600 IN THIS STOCK

ANOTHER OF MY SHORT TERM CALL GIVEN 2 WEEKS BACK ACHEIVED ITS TARGET AND MUCH ABOVE IT. ITS SAIL!!!

SAME GOES WITH ADVANTA , IT TOUCHED 999 (I HAD GIVEN 1000) AND WIPRO AND DISH HIT THE SL.

IF YOU HAD FOLLOWED ALL MY INTRADAY BLINDLY YOU WOULD HAVE MADE A COOL 20% OVERALL.(YES I DID THE CALCUALTIONS).

SHORT TERM CALLS - 16/07/07

BUY - DISH TV - TGT - 100 and above - resistance at 103.5

BUY WWIL - Tgt - 79 - sl 57 - resistance at 69 and 73 and above 85(resistance) levels this the stock will become bullish.

BUY FINOLEXPIPES - Tgt 95-98 ++ sl at 83.5

BUY GLOBAL DISTRIPACKS - Tgt 210 ++ sl 183. resistance at 200.

BUY BERGER PAINTS WITH SL AT 48

APPLY IN FULL FOR ZYLOG SYSTEMS IPO AT CUTOFF OF 350


INTRADAY CALLS - 16/07/07

SELL GMR INFRA - TGT 885 and below - sl 925.

SELL DLF BELOW 600- TGT 582 - SL 600

BUY BERGER PAINTS - TGT 53.5 SL 50

BUY ABB - TGT 1135++ SL 1115

BUY - IDEA CELLUALR - TGT 123.5 ++ SL 120

BUY - SATYAM COMP - TGT - 500 ++ SL 488


I DONT HAVE POSITIONS IN ANY OF THE ABOVE STOCKS BUT MY CLIENTS MAY HAVE.
Report on JSW STEEL (CLick on IMAGE TO ENLARGE)


Tuesday, July 10, 2007

Intraday Calls - 10/07/07

Intraday Calls - 10/07/07

Sell DLF - Tgt 571 - 568 - sl 582.5

Sell Dena Bank - Tgt 51.5 - 50.75 - sl 53.5

Buy Bharti Airtel - Tgt 890-895 ++ sl 866.5

Buy Subex Azure - Tgt 617 - 620++

Buy Themis Medicare - Tgt 229-234++ sl 212

I dont have any postions in any of the above stocks, but my clients may have.

Sunday, July 8, 2007

Intraday & Short Term Calls 09/07/07

Hello All

Yes the sensex has touched 15000, so is the rally over. No not yet another 200/300 points in the sensex is highly possible.

Do you have to book profit - Yes and No - Book Profits in scrips that has given you superb returns in a very short span of time. They are bound to correct even if the sensex moves up.

You can hold on to stocks which has given you nominal returns and are moving up steadily rather than jumping up and down. These stocks basically build good foundations and move further. (well some stocks invariably stick on to their foundations!!!).

Intraday Calls 09/07/07

Sell - Vishal Retail - Tgt - 735 and below - sl 775 (Since it is a new listing , the actual target may far exceed the given target so it is advised to keep a trailing sl.

Sell - Kamat Hotel - Tgt 175 and below - sl 183

Sell - GMR Infra - Tgt 735 and below - sl 750

Sell - Educomp - Tgt 2105 and below - sl 2155

Buy Zee Entertainment - Tgt 315-318 - sl 306

Buy ABB - Tgt 1150 - sl 1120

Short Term Calls

Buy Unitech - Tgt 545-570 and above - sl 505 and then at 480(Major Support)

Buy DLF around 565/570 levels for a target of 600. sl at 538

Buy Advanta - Tgt 1000-(1040)if closing above will acheive new highs - sl 950 (crucial mid to long term support at 880)

Buy Biocon - Tgt 465-474-490 - sl 436

Stock Query - EntegraHold it with a sl of 20 - Resistance at 23 and 25 (a break out above 25 and 27 is needed to indicate further uptrend)

I dont hold any positions in any of the above stocks except unitech. But my clients may have,