MARKET VIEWS FOR DEC 31ST 2008

Nifty spot closed above resistance of 2940 and now becomes the support. Intraday support for nifty will be around 2955-2960. Expect nifty to have a strong opening tommorrow, as mentioned earlier the next targets for nifty will be 3040 and 3075. Closing above 3075-3080 will take us to 3150 a double top until now. Lets hope we are not playing truant this time around.

"Traders have been wiped out - Traders have risen time in time out - Traders who survive each fall are the traders who have a lot of discipline - and the disciplined traders are the traders to who ultimately make money - my best wishes for all of you to become disciplined traders"

MARKET VIEWS FOR 30TH DEC 2008

NIFTY SPOT CLOSED NEAR RESISTANCE OF 2930. CLOSING ABOVE THIS WILL TAKE US TO 2955 AND 3040 AND THE TOUGH RESISTANCE POINT OF 3075. SUPPORT WILL BE AT 2860 , IF BROKEN 2810 2755 2710 WILL BE SEEN.

STRATEGY FOR TOMMOROW WILL BE SHORT SELL NIFTY AT AROUND 2955 - 2980 LEVEL. PLEASE MAKE SURE YOU DONT SHORT IF THIS HAPPENS AFTER 2.30-2.45.

HAVE A NICE TRADING DAY - INTRADAY CALLS @ http://tradercalls.blogspot.com

Market Views Dec 26th and ahead.

Nifty spot has broken the support of 2860 - 2865, the next support at 2800-2790. There is something inside me telling that we will see a new nifty low this January contract. Please dont ask me the reason ..... i have a weird method of calculating nifty , which helped me assess the fall back in february (Check http://ramshare.blogspot.com/2008/01/nifty-views-looking-ahead.html) and in february posted in the TSR google groups http://groups.google.com/group/STOCKRESEARCHER/browse_thread/thread/1aff52a09a0b0e63?hl=en-GB . It is almost the same methodology iam using here . But i predicted a low of only 4120 but we saw 2500...... so are we going to see 2000 or even lower.

Iam not saying i calculated the nifty fall, but the negative news flow at that point of time enhanced my views of a Nifty fall. So what are the reasons or negative reasons that might lead to another round of sell offs. Lets all wait with bated breath...... and hope iam proved wrong!!!

INTRADAY CALLS 26TH DEC 2008

Please Visit http://tradercalls.blogspot.com for the Intraday calls hence forth all market related news etc will be posted in this blog.

Intraday Call for 24th Dec 2008

Sell Bharti Airtel - 710.85 (Below 709) - Sl 720 - Tgt 685 670
Sell HDIL - 145.5 - Sl 150 - Tgt 138.5 134.5

Calls for 23rd Dec 2008 - LT was on spot , RCOM didnt click. To compensate RCOM a call was given to shortsell RelInfra in the chat at 596 for a tgt of 583 was acheived. If any of my calls get active after 3pm, please dont enter into that call.

Intraday Calls 23rd Dec 2008

Sell LT - 815 - Sl 823 - Tgt 800 785 760
Sell RCOM - 213.5 - Sl 219 - Tgt 206 202 199

Call for 22nd Dec IBREALEST and WIPRO both hit tgt 1 and thats more than 5% and 3% in intraday respectivly.

Intraday Calls - 22nd Dec 2008

Buy - IBREALEST - 159.35 - Sl 153 - Tgt 169 190
Sell - WIPRO - 249 - Sl 254 - Tgt 241

BEL acheived 1st tgt and MARUTI both the 1st and 2nd tgts.

Intraday Calls - 19th Dec 2008

Buy BEL - 712 - Sl 702.5 - Tgt 728 742
Buy Maruti - 536 - Sl 530 - Tgt 546 560

Sterlite and Tatasteel both hit or were near target one. Hope everyone made profits.

" Bullet Proof Vest Important for a Police officer - Stop Loss important for a trader "

Intraday Calls - 18th Dec 2008

Sell Tata Steel - 219.35 - sl 223 - Tgt 213 196
Sell Sterlite - 271.85 - sl 276 - Tgt 256 245

Calls for 17th Dec - Bhel sl triggered - IVRCL infra hits target and much more...

Intraday Calls - 17th Dec 2008

Sell IVRCL Infra - 160.5 - sl 164 - Tgt 153

Buy Bhel - 1403.45 - sl 1390 - Tgt 1450

Calls for 16th Rcom hits tgt of 232 and hits of low 0f 229 ( 2nd and 3rd tgt not hit) 3% intraday profit in Rcom call.

RPL didnt tigger sl nor hit the tgt but gave ample opportunity to exit in profit.

Intraday Calls - 16th Dec 2008

Buy RPL - 90 - sl 88 Tgt 94

Sell Rcom - 238.25 - sl 242 - Tgt 232 225 222

Calls for 15th - Educomp opened above sl levels , Sunpharma reached near tgt one and then hit sl.

Intraday Calls for 15th Dec 2008

Buy Sun Pharma - 1105 - sl 1094 - Tgt 1135 - 1170
Sell Educomp - 2088 - sl 2115 - Tgt 2070 2050 2020 (possibilty of big fall upto 1920 - 1855 if 2020-2000 doesnt hold, not neccessarily for intraday , but surely for positional)

A Trader who traded the MRF Call on 12th Dec 08

[×] [o] hema: hi Ram 12 Dec 08, 20:09
[×] [o] Ramkumar: surat i wil update on sunday night 12 Dec 08, 20:09
[×] [o] hema: Thanks for ur MRF call 12 Dec 08, 20:09
[×] [o] hema: great call 12 Dec 08, 20:09
[×] [o] Ramkumar: i wont be here mahesh...if i m here....more than willing to help u\ 12 Dec 08, 20:09
[×] [o] Ramkumar: hi hema ....thanks and yw 12 Dec 08, 20:09
[×] [o] hema: unexpectectly booked @2000 12 Dec 08, 20:10
[×] [o] mahesh: ok, 12 Dec 08, 20:10
[×] [o] Ramkumar: great.i expected only 1900 max...coool yaaar ...how much profit :)12 Dec 08, 20:10
[×] [o] hema: magic ram 12 Dec 08, 20:10
[×] [o] hema: while i gave @1950sell it sod @2000 12 Dec 08, 20:11
[×] [o] Ramkumar: whooooo....thts wht luck is ..... 12 Dec 08, 20:11
[×] [o] hema: only 30 shares 12 Dec 08, 20:11
[×] [o] hema: Rs.5250 12 Dec 08, 20:11
[×] [o] Ramkumar: wowwww amazing 12 Dec 08, 20:12
[×] [o] hema: bht @ 1806 12 Dec 08, 20:12
[×] [o] hema: expecting more tips from u , great work 12 Dec 08, 20:12
[×] [o] Mr.Surat: oh hema congrates for your profit " src="http://us.i1.yimg.com/us.yimg.com/i/mesg/emoticons7/41.gif" border=0> 12 Dec 08, 20:12
[×] [o] hema: thanks Surat 12 Dec 08, 20:13
[×] [o] hema: Thank you (Smiley) Ram 12 Dec 08, 20:13

"Trading is Profitable only if you have a stop loss for all your trades "

Intraday Calls 12th Dec 2008

Sell BEL - 703 - sl 711 Tgt 690 677
Buy MRF 1803 - sl 1788 Tgt 1845 1885 1900

calls for 11th Dec ... Punj lloyd and Relcapital were sureshot hits, many who were even 5 minutes late to come into the markets would have missed the calls. I have given a BTST on Punj during market hours in the chat room.

Intraday Calls & Positional Calls 11th Dec 2008

Buy PunjLloyd 155.5 sl 148 Tgt 167 175 ( Take it as Intra as well as positional )
Buy Relcapital 464.5 sl 460 Tgt 471 477 ( If closing above 470 watch this counter move to 500 effortlessly but would suggest to play with TSL only)

Calls for 10th Dec 2008 ICICI & Bhel bang on targe almost 10% on icici bank and almost 5% in Bhel for Intraday........ :)

Intra day Calls 10th December 2008

Buy Bhel 1362 - Tgt 1390 1420 sl 1340
Buy ICICI Bank - 370 - Tgt 390 405 sl 357

Start to "The END"

Why did i give the title "Start to The END", not because this is the end of the markets, but i feel that we are somewhere near to the bottom and we are nearing the end of the numb crunchingly painfully horrific down to hell run....., well i had the same feeling in February about markets tanking and we stopping somewhere in the range of 4200 levels (Yes we were at 5200 odd levels) (do see my chart given in february below) but i had given different reasons, but one thing we have to notice is that information whatever it is affects the market.

Is this the right time . according to me no time is right time until you feel its the time. yes may be a little confusing, but what iam trying to say is at one point of time we have to be invested in the markets. But when is the big question now.

We all were quite happy investing in value stocks, penny stocks, PE stocks and all other kind off stocks and not to forget the operator stocks. "Oh good ol days".

Now we have been presented an opportunity we wont be presented for a long long time in the future (fingers crossed and touch wood). Yes most of us have deployed the capital and dont have much to put in. But the lucky few are always around and by all means take the plunge and i assure you this will be one plunge you will never ever forget in your life.

But why now might be the question...... but when is my answer..... rewind back to 2004.... AB Vajpayee's India Shining was taking the markets to 2000 (Yipeee nifty futures touched 2000). and When Manhoman took over we made new high exactly a year after and then it was all fun and frolic in the bourses.

Yes this time around the bottom as everyone is predicting is near or a little far away ( I have been proven wrong many times... and what i have to say is Markets are always right.)

We have the liberty to wait and select the stocks that we always wanted to be in the portfolio............... Do it .... do it at your own pace but dont miss this opportunity is what i have to say..... there are lots of stocks which are available t their cheapest...... I havent seen Tata Motors at this price ever and no body wants ..... yes its troubled with too much debt...... but assume if somebody else takes up the deal from tata motors.....what then..... hmmm thoughts!!!!.

Well, Iam not going into Individual stocks..... more the literature more the confusion.... do your cherry pickings and after 5 years turn back around and just heave a sigh of relief.....

Happy Investing " You dont have to wealthy to invest but invest to be wealthy" - Please dont see the last 2 years , thats not market. I have seen markets lying in a limbo for about 4 years from 2000 till 2004 still people made money investing in stocks. Well heres your chance "go get it"

Diamonds of 2008 - Medium Term Picks

Herohonda - The stock has shown good resistance against the bear market and has corrected very recently. The stock can go to more than 1000 with a good support at 650-675 levels. The company has a zero debt balance sheet and 2000 cr surplus* , plus they are the number one 2 wheeler selling company in India with an extensive distribution network.

Sun Pharma - The stock has corrected almost similar with the markets but have not fallen like the other pharma companies. It has got good long term support at 1100 - 1050 levels. The companys robust balance sheet with more than 1200 cr cash* will keep it in good stead against it competitors. Revenue stream coming in from life style segment which is having a 20% growth YoY. The stock can go to 1600-1700 levels soon.




* Source DSP Black Rock

Market Views 21/02/2008

Dear All

We are at a very critical point - a make or break point to be precise. As long as we hold above the 200 dma the bulls can breathe easy. An upside closing above 5275 will be an optimistic situation. Above that Resistance for nifty should come around 5380 levels. As for today i would personally prefer to to ride the global market sentiments and be long for the day with nifty sl of 5105.

Daily Calls

Buy RPower - Tgt 412 - 415 - 418 sl 405
Buy Cairn Energy - Tgt 215 - 221 sl 204
Buy ITC - Tgt 205 - 208 sl 198
Buy HCL Tech - Tgt 271 - 280 sl 262.5
Buy ONGC - Tgt 1014 - 1020 - 1036 - 1052 sl 987
Buy Rcom - Tgt 593 - 597 - 604 -611 sl 573
Buy Bharti Airtel - Tgt 877 - 887 sl 858
Have a nice trading day.

Market View & Intraday Calls 30/01/2008

After the RBI news yesterday our market will be much more stable today. Any dips intraday should be used as a buying opportunity. Please make sure when you take up positions in FnO as rollovers may cause irrational movements in individual stocks.

Intraday Calls (Cash Levels)

Buy GE Shipping - CMP - 411.15 - Tgt 416.5 - 422- 427 - 432 Sl 405.6

Buy IDFC - CMP - 208.4 - Tgt 211.3 215.5 - 222.7 Sl 204.4

More Live Calls in the chatroom be there!!!!!

Market View - 29/01/2008

Market View - Volatile with positive bias - As of now until expiry please take majority of positions with a view of covering it during the day.

Intraday Call (Cash Levels)

Buy BRFL - Cmp 293.1 - Tgt 297 - 300 - 304 - 307 - 311 - 317 sl 290.5

Buy Power Grid Corp - Cmp 117.7 - Tgt 119.4 - 121.5 - 123 - 125.5 - 127 sl 113.9

More calls live during market hours be there!!!!!

NIFTY VIEWS - Looking Ahead

WE have Seen today the highest fall in the histroy of the Indian Stock Market - And It came like a bolt out of the blue - - meaning nobody expected it - so what ahead of us.

Why does the market correct so much ? Well the fundamentals havent changed for the markets to correct so much - well i have to say the fundamental were same a few months back as well

why did we run up like this - yes the interest rate cuts were one the reason - otherwise it is plain speculative activity with wholesale participation from the retail.

Me working in a brokerage house can sense the setiments of the retail people - most of whom missed the rally from 15000 to 18000 and they had entered at 18500 levels.

So any fall was meant as a buying opprtunity and they did make money twice when the markets fell by 1000 points only to gain back the points in a few days time.

Well this time as well the same people expected a rise after few days but are badly stuck in positions or exited in loss.

Ok now coming back to the situation what is ahead for us -

If you ask me - i would say to accumulate stocks - good quality stocks - let the markets correct doesnt matter - these are the stocks that will give you peace of mind and good returns in the years to come. Many may say "YEARS" is too long.

Again my advice - Hold stock with long term perspective you wont regret it - Enjoy the Indian Bull run which is not for 2 or 3 years but for 10-15 years.

So how does nifty look for us now. My view is that Nifty Spot Supports 5180 - 5080 - 4940 - 4740 - 4500 and thts where we will stop if the down trend continues.

And the uptrend will only occur if Nifty closes above 5445 spot.

For your reference i have put up a nifty chart from 3/4/2006 to 21/8/2008.

Happy Investing

Market Views and Intraday Calls 15/01/08

Happy Pongal - Happy Sankranthi

Markets will be volatile with Positive bias. Nifty resistance will be 6280 and intraday support will be 6120. One can think about buying IDFC , the results have been much above expectations.

Buy HCC Fut - Tgt 243-248 sl 232/ Cash Levels - Tgt 240-244-251 sl 230

BuyHindoilExp Fut - Tgt 151 -154 -156 sl 145 /Cash Levels - Tgt 149 -152 -155 sl 144

More Live calls in the chatroom be there!!!!!!

Market View and Intraday Calls - 14/01/2008

Markets for the day will be highly volatile, If the markets open gap down , it will be abying opprtunity. But any fall late in the afternoon will not present the same picture.

Supports for Nifty is at 6140-6130 and 6040-6050


Buy JP Assoc Fut - 445 Tgt 448 - 454 - 459 sl 438

Buy Gail Fut - 510 - Tgt 514 - 519 - 524 sl 502


Be in the Chatroom for More live calls

Rel Power IPO View

By Mid January 2008, India's largest IPO till date, the Rs 11500 crore Reliance Power IPO would have opened, and though CNBC and its leadership have been at the forefront of a campaign to avoid the issue, a closer look might suggest beneficiaries lie elsewhere and so the Issue must be successful.-7000 MW of Power Generating Capacity proposed by Reliance Power will cost Rs 28,000 to Rs 30,000 crore ande become available by 2011.

-Overall Capacity of Reliance Power Will rise to 26000 MW by 2016, and cost Rs 104,000 crore.-Beyond the Equity element of Rs 11500 crore, Banks and FIs will fund the balance Rs 90,000 crore as Debt. If CNBC is to be believed, then all Banks should have substantial NPAs and possibly close by 2016. So why should we not pull out all our money and stuff under the mattress.

-In a Power Gen project, 95 per cent of the Investment goes into land rest into Equipment. Here we are talking of a collective order book for Siemens, Alstom, Bhel and ABB of the magnitude of Rs 95000 crore which 4-5 times the Revenues these concerns generate in a year.-This will need Building up of New Power Plants by Bhel, Siemens, Alstom and ABB unless the Equipment gets imported.

-The Power Grid and Transmission Capacity will have to be raised to enable this additional power generated to move. This will imply higher demand for Crompton Greaves, Areva, Bharat Bijlee, Jyoti Structures, Sujana Tower and RPG Transmission.-There will be additional requirement of Steel Wires, Steel Structurals and fresh production of Steel making capacities to sustain this growth in Demand from the Power-Downstream segements. So Iron Ore Mines and Mining Equipment manufacturers like Revathi, Atlas Copco, TIL and Ingersoll Rand will be favoured.-Then there will be the producers of electricals Havells, Genus, LNT, Indo Asian Fuse Gear, which will need colossal amounts of circuit breakers, switchgears and modern tripping systems.

-Finally, we will need more Coal mines either in India or Overseas to sustain these Thermal Plants which are proposed to be set up by Reliance Power, and there might be some based upon Gas and Nuclear Fuel, for which separate fuel requirements will have to be met.-At roughly $ 30 bn of direct investments Reliance Power would have cost about 3 per cent of India's GDP by 2016 and will add about roughly $ 40 bn or 4 per cent of India's additional GDP by 2016.-Overall success of Reliance Power will imply prosperity for millions of people in the country who have waited for 6 decades to see Light and Employment.-A success of Reliance Power will also mean a success of the GOI policy to promoter Ultra Mega Power Plants with a single location capacity of 4000 MW and costing anywhere between Rs 16000 to Rs 20000 crore and prime examples are Sasan, Mundhra and Krishnapatnam bagged by Tata Power and Reliance Power.-Most of these UMPPs will be set up as Special Purpose Vehicles and listed in Overseas nations, minimising risk for local investor and broadbasing investor participation. If SPVs were not there none of the mammoth Real Estate projects being set up by DLF or Unitech go off the plinth, but they are going ahead.

-Reliance Power too is not headed by fools, and so most of their expansions will come under SPVs minimising risk.-More importantly Promoters and QIP are taking placements at the same price as general investors, so where is the self aggrandisement of Mr. Anil Ambani?-Even as I write there is a Power cut in Delhi and it has lasted 2 hours a day for most of this Winter and for the past 44 winters I have seen the scenario has been ranging from grim to pitiful.-I remember standing in Queues to pay power bills in the past, to crooked GOI servants, and these people now work under Reliance Energy and Tata Power Distcoms in Delhi without creating problems for civillians.-The GOI intends to put up 8 such UMPPs costing Rs 160,000 crore over the next decade. Will all these projects too would be unviable as per CNBC or do we see a massive transformation like China, which set up one Thermal plant every week for the last 5 years?-Stock valuations are a trade-off between High Initial Equity sold at par or Low Equity sold at premium, to generate better earnings per share for the Investors. It can be argued whether the pricing of Reliance Power is aggressive, to caste motives on the management is incorrect.

-Each and Every Investor has the right to or not to participate in the Reliance Power issue, and thus far no one has put a gun to anyone's temple for putting a application in the IPO. This is a conscious choice each investor can make without recourse to the gigolos at CNBC and the sluts they display daily.-To the best of my knowledge no journalist ensconced in cushy chairs and luxury clothes have ever had a hard days work setting up a power plant, pulling transmission wires over deserts and hills or dug up mines in sub human conditions. If they had done anything of this magnitude they would not have taken sides on the Reliance Power issue.

-If the guys in the media were to be believed the Mundhra Port would have never happened, neither would have Pipavav and Natural Gas would not have been found by Reliance but by Ongc. That the private sector is thriving and contributing needs to be appreciated and backed up by investors.-Those who cannot take risks or will not hold out for 10 years have better options in the Power, atleast 20 of them and they would do well to take their money elsewhere rather than be a part of the Valuation, PE, market cap to Sales and Book Value story being popularised by Reliance Power.-7 years ago TV18 had come on-stage with a bang listed at Rs 1600 a share, today the CNBC guys are rich even after excercising their stock options at ludicrous prices, I think "history got repeated" but those guys instead of repenting are condemning others.

Courtesy:-Rangarajan , Traderji

Intraday Calls For 11/01/08

Hi All

Updating the blog after a long time. Hope I can update the blog on a daily basis.

Today the maket will be highly volatile but with positive bias, The Fed chairmans speech yesterday hinted of a interest rate cute in january and again in the coming months.

Infosys results are out and have been on the expected lines. The stock has not seen a rally which it usually sees before announcement of its results. I hope the rally from now on will be after the results.

Buy Infosys for Intra day with sl 1580 tgt 1630-1650++

Buy Infosys for ST with same sl for a tgt of 1710 and above


hope you all are in the safe as we have been warning about a correction - be online during the mkt hours for more live updates