Market Outlook 29.12.11

It was a bear party in street. Indian market closed in red. We advised two days before that low volume in te market may lead to negativity. See what happed in last couple of days.

Sensex closed at 15727.85 (-146.10), Nifty at 4705.80 (-44.70) and Nifty Fut at 4704.50 (-46.40). Banking, Metal, Oil & gas, Auto, Reality and FMCG pulled indexes down while Power and Capital goods supported the market.

US Market closed positive yesterday, All most all European Markets were in red except swiss market and most of the Asian Markets today opened negative.

Nifty watch for 29.12.11

Nifty may open gap down this morning and may face stiff resistance at 4803 and strong support at 4640

Below 4683 Nifty may go down up to 4665/4650 More weakness will be there below 4640 and Nifty may go down up to 4623/4607

On upper side Nifty may try to hit 4745/4785/4803 today. If Nifty Manage to close above 4803 It may try to hit 4834/4862/4894 in coming days

Share Trading Tip for 29.12.11
1. Buy Welcorp at CMP (85-88) SL 81.80 TGT 94.50/98.75

Past Performance
Day's (28.12.11) Performance
1. Buy Jindal Steel 460 Jan 2012 PE at 17 SL 10.50 TGT 21.50/25 - Booked all profit in 24.90, call closed - Profit of Rs. 3950/-
2. Sell Nifty Dec Fut at 4709 SL 4727 TGT 4695/4678 - 1st TGT achieved, call closed - Profit of Rs. 700/-

Market Outlook 28.12.11

In yesterday's newsletter we clearly wrote that the low volume may be dangerous and see the last trading session, Market was negative. On upper levels market can't hold the selling pressure and profit booking drag the market to close in red. Sensex closed at 15873.95 (-96.80), Nifty at 4750.50 (-28.50) and Nifty Fut 4759 (-28.70).

The only thing to hope is Nifty closed at 4750 level. Today may market go upwards. But beware of volatility due to F & O closing.

US and all most all European Markets closed positive yesterday and most of the Asian Markets also opened negative.

Nifty watch for 28.12.11

Nifty may open gap down this morning and may face stiff resistance at 4803 and strong support at 4640

Below 4740 Nifty may go down up to 4725/4701/4683/4665

On upper side Nifty may try to hit 4785/4803/4834/4850 today.


Past Performance

Day's (27.12.11) Performance
1. Buy Reliance 800 CE 4.70-5.00 TGT 8/10/12/15 SL 1.50 - (call was given on 23.12.11)- Hit SL - Loss of Rs. 875/-
2. Buy TATAMOTORS 190 CE at 1.60-2.00 tgt 3.40/5 SL 0.50 - (call was given on 23.12.11) - Hit SL - Loss of Rs. 1875/-
3. Sell Nifty Fut at 4785-4795 SL 4834 TGT 4740/4713 - 1st TGT achieved - Profit of Rs. 2750/-

Day's (26.12.11) Performance
1. Buy Reliance 800 CE 4.70-5.00 TGT 8/10/12/15 SL 1.50 - holding (call was given on 23.12.11)
2. Buy TATAMOTORS 190 CE at 1.60-2.00 tgt 3.40/5 SL 0.50 - holding (call was given on 23.12.11)

Day's (23.12.11) Performance
1. Buy Sbin fut at 1671 SL 1660 TGT 1680/1690 - Booked full profit at 1680 - Profit of Rs. 1125/-
2. JSW Steel Buy above 517.75 TGT 523/528 Sl 509 - Booked full profit at 523 - Profit of Rs. 5.25 per share
3. Buy Reliance 800 CE 4.70-5.00 TGT 8/10/12/15 SL 1.50 - holding
4. Buy TATAMOTORS 190 CE at 1.60-2.00 tgt 3.40/5 SL 0.50 - holding
5. Sell Axis bank Fut below 870 TGT 863/855 Sl 877 - trigger price not met - exited at cost
6. Sell Nifty Fut below 4743 SL 4761 TGT 4728/4711 - trigger price not met - exited at cost

Day's (22.12.11) Performance
1. Buy Nifty Fut 4675 Sl 4658 TGT 4689/4707/4724 - SL hit - Loss of Rs. 850/-
2. Titan Fut Buy at 165.60 SL 161 TGT 169/172/175 - call not execueted
3. Jindal Poly Buy at 163.60 SL 157 TGT 167/171/173/176 - Book part profit at 171 - revise SL at 165 - Profit Rs. 7.40 per share
4. Buy Reliance 760 CE at 8 SL 4.50 TGT 12/15/17 - call was given on 21.12.11 - All targets achieved - Profit of Rs. 2250/-

Day's (21.12.11) Performance
1. Buy reliance Fut above 732 SL 721 TGT 743 - Book full profit - Profit Rs. 2750/-
2. Buy Nifty fut at CMP(4625-4231) SL 4610 TGT 4641/4672/4685 - Booked all profit at 4680 - Profit Rs. 2750/-
3. Buy Axis Bank fut at 834 TGT 839/845 SL 825 - Booked profit at 841- Profit Rs. 1750/-
4. Sell Nifty at 4624 TGT 4610/4595 SL 4641 - Call not executed
5. Buy Reliance 760 CE at 8 SL 4.50 TGT 12/15/17 - made a high of 11.95 - Profit Rs. 987.50
Total Profit Rs. 8237.50

Day's (20.12.11) Performance
1. Sell Axis Bank Fut at 811.50 SL 820 TGT 806/799 - Trigger Price Not Met at the given time of call - advised to close call
2. Sell Axis Ban Fut at 805 TGT 791/783 SL 813.50 - Trigger Price not met at the given time of call - advised to close call
3. Buy Nifty Dec Fut above 4608 TGT 4621/4635 SL 4582 - Trigger Price not met at the given time of call - advised to close call
4. Buy Reliance Fut at CMP (735-740) TGT 770 SL 722 - Advised to exit at 725 - loss of Rs. 2500/-
Day's Total Profit/Loss: 2500/-

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Market Outlook 27.12.11

Sensex shoot up 232.05 points in the first day of last week of the year, but with very low volume. Telecom, tech, banks FMCG and capital goods stocks supported the markt in this rally. Positive Macro data helped the Sensex to close near 16000 mark. Sensex was at 15970.75 (+232.05), Nifty at 4779 (+65) and Nifty Fut was at 4783 (+62.40) on close. Another positive factor which influenced the market was approval US congress a two month extension of a payroll tax cut on Friday, which lead to a rally of about 1% in the US market.

This low volume in the rally is a concern for Indian market. This is a clear indication that there is not support from small retailers and investors. Hence every upmove should be watched carefully and a fall in the market can't be ruled out sooner or later. But the expectation is that the market may move upward to end the year in positive.

US and European Markets closed positive yesterday and most of the Asian Markets also opened positive except Nikkei 225.

Nifty watch for 27.12.11

Nifty may open gap down this morning and may face stiff resistance at 4803 and strong support at 4640

Other support levels for Nifty are 4662/4680/4702/4740

Nifty may try to hit 4785/4820/4834 today. On downside below 4640 Nifty may go upto 4603/4590/4564 today.

Past Performance

Day's (26.12.11) Performance
1. Buy Reliance 800 CE 4.70-5.00 TGT 8/10/12/15 SL 1.50 - holding (call was given on 23.12.11)
2. Buy TATAMOTORS 190 CE at 1.60-2.00 tgt 3.40/5 SL 0.50 - holding (call was given on 23.12.11)

Day's (23.12.11) Performance
1. Buy Sbin fut at 1671 SL 1660 TGT 1680/1690 - Booked full profit at 1680 - Profit of Rs. 1125/-
2. JSW Steel Buy above 517.75 TGT 523/528 Sl 509 - Booked full profit at 523 - Profit of Rs. 5.25 per share
3. Buy Reliance 800 CE 4.70-5.00 TGT 8/10/12/15 SL 1.50 - holding
4. Buy TATAMOTORS 190 CE at 1.60-2.00 tgt 3.40/5 SL 0.50 - holding
5. Sell Axis bank Fut below 870 TGT 863/855 Sl 877 - trigger price not met - exited at cost
6. Sell Nifty Fut below 4743 SL 4761 TGT 4728/4711 - trigger price not met - exited at cost

Market Outlook 26.12.11

It was another dull day for Indian Market on Friday. Most of the time market remained volatile. Market opened gap up and remained positive for the first half of the trading session, but came down sharply and closed in negative. Sensex was at 15738.70 (-74.66), Nifty was at 4714 (-19.85) and Nifty Fut 4721.65 (-27.25).

But both benchmark indexes gained substantially during the last week. Oil & Gas, Auto and Banking stocks were top gainers last week and Capital Goods closed with lost most of the week.

US and European markets closed positive on 23 Dec 2011.

Nifty watch for 26.12.11

Nifty may face stiff resistance at 4745 and Strong support at 4640

Other support levels for Nifty are 4662/4680/4702

Nifty may try to hit 4767/4785/4820/4834 today. A close above 4763 may lead to 4950 and 5050 in coming days

Where as on downside below 4640 Nifty may go upto 4603/4590/4564 today. A close below 4590 may lead Nifty to a panci situation and may go down up to 4500 and 4450

But as usually December is a bullish month, this year also expected to be positive.


Past Performance

Day's (23.12.11) Performance
1. Buy Sbin fut at 1671 SL 1660 TGT 1680/1690 - Booked full profit at 1680 - Profit of Rs. 1125/-
2. JSW Steel Buy above 517.75 TGT 523/528 Sl 509 - Booked full profit at 523 - Profit of Rs. 5.25 per share
3. Buy Reliance 800 CE 4.70-5.00 TGT 8/10/12/15 SL 1.50 - holding
4. Buy TATAMOTORS 190 CE at 1.60-2.00 tgt 3.40/5 SL 0.50 - holding
5. Sell Axis bank Fut below 870 TGT 863/855 Sl 877 - trigger price not met - exited at cost
6. Sell Nifty Fut below 4743 SL 4761 TGT 4728/4711 - trigger price not met - exited at cost

Day's (22.12.11) Performance
1. Buy Nifty Fut 4675 Sl 4658 TGT 4689/4707/4724 - SL hit - Loss of Rs. 850/-
2. Titan Fut Buy at 165.60 SL 161 TGT 169/172/175 - call not execueted
3. Jindal Poly Buy at 163.60 SL 157 TGT 167/171/173/176 - Book part profit at 171 - revise SL at 165 - Profit Rs. 7.40 per share
4. Buy Reliance 760 CE at 8 SL 4.50 TGT 12/15/17 - call was given on 21.12.11 - All targets achieved - Profit of Rs. 2250/-

Day's (21.12.11) Performance
1. Buy reliance Fut above 732 SL 721 TGT 743 - Book full profit - Profit Rs. 2750/-
2. Buy Nifty fut at CMP(4625-4231) SL 4610 TGT 4641/4672/4685 - Booked all profit at 4680 - Profit Rs. 2750/-
3. Buy Axis Bank fut at 834 TGT 839/845 SL 825 - Booked profit at 841- Profit Rs. 1750/-
4. Sell Nifty at 4624 TGT 4610/4595 SL 4641 - Call not executed
5. Buy Reliance 760 CE at 8 SL 4.50 TGT 12/15/17 - made a high of 11.95 - Profit Rs. 987.50
Total Profit Rs. 8237.50

Day's (20.12.11) Performance
1. Sell Axis Bank Fut at 811.50 SL 820 TGT 806/799 - Trigger Price Not Met at the given time of call - advised to close call
2. Sell Axis Ban Fut at 805 TGT 791/783 SL 813.50 - Trigger Price not met at the given time of call - advised to close call
3. Buy Nifty Dec Fut above 4608 TGT 4621/4635 SL 4582 - Trigger Price not met at the given time of call - advised to close call
4. Buy Reliance Fut at CMP (735-740) TGT 770 SL 722 - Advised to exit at 725 - loss of Rs. 2500/-
Day's Total Profit/Loss: 2500/-


Day's (19.12.11) Preformance
Sell Nifty Fut at 4589.75 (CMP 4597) TGT 4576/4559 SL 4611.75 - SL Triggered - Loss Rs. 1100/-
Buy Nifty 4700 CE at 45-50 TGT 72 SL 30 - Exit at cost (52)
Sell Nifty at 4641 SL 4659 TGT 4628 - Call was given at Dec 16 & advised to hold for TGT 4609 - TGT achieved on Dec 19- Profit Rs. 1600/-
Sell Axis Bank Dec Fut at 870-880 TGT 861/850 Sl 891.50 - Booked Profit at 850/- - Profit Rs. 7500/-

Day's (15.12.11) Performance
1. Buy Axis bank DEC 2011 CE 1000 Buy at 10-12 TGT 16/20/24 - booked profit at 14.50 - profit of Rs. 1125/-
2. Tatamotors Dec 2011 CE 180 at 3.75-3.85 SL 1.75 TGT 4.9/5.50/6.20 -booked profit at 5.75 - Profit of Rs. 2375/-
3. Buy Nifty Dec 2011 CE 4900 at 55-58 SL 43 TGT 72/84 - Sl hit - Loss of Rs. 600/-
4. Buy SBIN DEC fut at 1712 TGT 1719/1727 SL 1698 - call not executed
5. Sell Nifty at 4708 TGT 4694/4677/4660 Sl 4727 - All TGTs achieved - Rs. 2400/-
6. Sell Nifty at 4641 SL 4659 TGT 4628 - TGT achieved - Rs.650/-
Total Profit for the day- Rs. 5950/-

Day's (14.12.11) Performance
1. Buy Nifty fut with TGT of 4813/4830/4842 Sl 4720 - 1st and 2nd TGT achieved - Profit Rs. 2850/-
2. Buy Nifty around 4807 or 4778 SL 4725.75 TGT 4844.05/4863.70/4891.35 ..... hold up to Friday TGT 4920/4934 - 1st TGT achieved and advised to exit - Profit Rs. 1850/-


Day's (13.4.2011) Performance
1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding


Day's (12.12.11) Performance
1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
2. Buy Nifty Dec 2011 PE at 75-85 TGT 102/110/125 SL 54.40 - call not executed
3. Buy SBIN 1846 or CMP SL 1797 TGT 1900/1915/1919 - ultimate TGT 2050 - SL Hit
4. Buy Axis Bank 985 or CMP SL 965 TGT 1000/1010/1017/1025 - ultimate TGT 1050 - 1st TGT Hit, holding

Day's (09.12.11) Performance
Buy Nifty fut at 4900-4905 TGT 4940/4975/4993 SL 4854 - 1st TGT achieved

Day's (08.12.11) Performance
1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding

Day's (07.12.11) Performance
1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)

Day's (05.12.11) Performance
1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open

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Market Outlook 23.12.11

Decrease in food inflation, news about Government's plan to reduce fiscal deficit and short covering triggered a rally in the second half of trading session yesterday and helped to close the market in green. Sensex was at 15813.36 (+128.15), Nifty was at 4733.85 (+40.70) and Nifty fut was at 4753 (+41.50) on close. Market was in red for the first half of the trade, but smartly rebound and respod to the positive news.

US jobless data is out yesterday evening and it is 3-1/2 year low, which may trigger another positive sentiments in the market.

The US and All most all European markets closed green yesterday and Asian Markets opened as positive today.

Nifty watch for 23.12.11

Today Market is expected to open gap up around 4780. Nifty may face stiff resistance at 4820 and Strong support at 4640

Other supports for Nifty are 4680/4662

Nifty may try to hit 4785/4820/4834/4863 today. A close above 4863 may lead to 4950 and 5050

Where as on downside below 4640 Nifty may go upto 4603/4590/4564 today. A close below 4590 may lead Nifty to a panci situation and may go down up to 4500 and 4450

But as usually December is a bullish month, this year also expected to be positive.


Past Performance

Day's (22.12.11) Performance

1. Buy Nifty Fut 4675 Sl 4658 TGT 4689/4707/4724 - SL hit - Loss of Rs. 850/-
2. Titan Fut Buy at 165.60 SL 161 TGT 169/172/175 - call not execueted
3. Jindal Poly Buy at 163.60 SL 157 TGT 167/171/173/176 - Book part profit at 171 - revise SL at 165 - Profit Rs. 7.40 per share
4. Buy Reliance 760 CE at 8 SL 4.50 TGT 12/15/17 - call was given on 21.12.11 - All targets achieved - Profit of Rs. 2250/-

Market Outlook 22.12.11

The Positive Global cues and short covering in Banks, Tech, Oil & Gas and Capital Goods stocks lead to a sharp relief rally. The Benchmark Index Sensex was up 3.36%, over 500 points at 15685.21, Nifty up 3.28% at 4693.15 (+148) and Nifty Fut up 3.59% at 4718.20 (+163.70), which put an end to 5 consecutive day of loosing streak of the market.The momentum was picked after Mood's reaffirmed rating on India at Baa3 and soveregin local Fx debt rating.

The US Dow Jones and All most all European markets closed negative yesterday and Asian Markets also opened in negative today.

Nifty watch for 22.12.11

Today Market is expected to open gap down. Volatility and selling at higher level can expect for the day.

The near term support for Nifty is 4692/4674 and 4645

Nifty may go down up to 4743/4765 and 4795

Stock Pick for Short term (1 week)

1. Titan Fut Buy at 165.60 SL 161 TGT 169/172/175
2. Jindal Poly Buy at 163.60 SL 157 TGT 167/171/173/176

Past Performance

Day's (21.12.11) Performance

1. Buy reliance Fut above 732 SL 721 TGT 743 - Book full profit - Profit Rs. 2750/-
2. Buy Nifty fut at CMP(4625-4231) SL 4610 TGT 4641/4672/4685 - Booked all profit at 4680 - Profit Rs. 2750/-
3. Buy Axis Bank fut at 834 TGT 839/845 SL 825 - Booked profit at 841- Profit Rs. 1750/-
4. Sell Nifty at 4624 TGT 4610/4595 SL 4641 - Call not executed
5. Buy Reliance 760 CE at 8 SL 4.50 TGT 12/15/17 - made a high of 11.95 - Profit Rs. 987.50
Total Profit Rs. 8237.50

Day's (20.12.11) Performance

1. Sell Axis Bank Fut at 811.50 SL 820 TGT 806/799 - Trigger Price Not Met at the given time of call - advised to close call
2. Sell Axis Ban Fut at 805 TGT 791/783 SL 813.50 - Trigger Price not met at the given time of call - advised to close call
3. Buy Nifty Dec Fut above 4608 TGT 4621/4635 SL 4582 - Trigger Price not met at the given time of call - advised to close call
4. Buy Reliance Fut at CMP (735-740) TGT 770 SL 722 - Advised to exit at 725 - loss of Rs. 2500/-
Day's Total Profit/Loss: 2500/-


Day's (19.12.11) Preformance
Sell Nifty Fut at 4589.75 (CMP 4597) TGT 4576/4559 SL 4611.75 - SL Triggered - Loss Rs. 1100/-
Buy Nifty 4700 CE at 45-50 TGT 72 SL 30 - Exit at cost (52)
Sell Nifty at 4641 SL 4659 TGT 4628 - Call was given at Dec 16 & advised to hold for TGT 4609 - TGT achieved on Dec 19- Profit Rs. 1600/-
Sell Axis Bank Dec Fut at 870-880 TGT 861/850 Sl 891.50 - Booked Profit at 850/- - Profit Rs. 7500/-

Day's (15.12.11) Performance
1. Buy Axis bank DEC 2011 CE 1000 Buy at 10-12 TGT 16/20/24 - booked profit at 14.50 - profit of Rs. 1125/-
2. Tatamotors Dec 2011 CE 180 at 3.75-3.85 SL 1.75 TGT 4.9/5.50/6.20 -booked profit at 5.75 - Profit of Rs. 2375/-
3. Buy Nifty Dec 2011 CE 4900 at 55-58 SL 43 TGT 72/84 - Sl hit - Loss of Rs. 600/-
4. Buy SBIN DEC fut at 1712 TGT 1719/1727 SL 1698 - call not executed
5. Sell Nifty at 4708 TGT 4694/4677/4660 Sl 4727 - All TGTs achieved - Rs. 2400/-
6. Sell Nifty at 4641 SL 4659 TGT 4628 - TGT achieved - Rs.650/-
Total Profit for the day- Rs. 5950/-

Day's (14.12.11) Performance

1. Buy Nifty fut with TGT of 4813/4830/4842 Sl 4720 - 1st and 2nd TGT achieved - Profit Rs. 2850/-
2. Buy Nifty around 4807 or 4778 SL 4725.75 TGT 4844.05/4863.70/4891.35 ..... hold up to Friday TGT 4920/4934 - 1st TGT achieved and advised to exit - Profit Rs. 1850/-


Day's (13.4.2011) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding


Day's (12.12.11) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
2. Buy Nifty Dec 2011 PE at 75-85 TGT 102/110/125 SL 54.40 - call not executed
3. Buy SBIN 1846 or CMP SL 1797 TGT 1900/1915/1919 - ultimate TGT 2050 - SL Hit
4. Buy Axis Bank 985 or CMP SL 965 TGT 1000/1010/1017/1025 - ultimate TGT 1050 - 1st TGT Hit, holding

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Day's (09.12.11) Performance

Buy Nifty fut at 4900-4905 TGT 4940/4975/4993 SL 4854 - 1st TGT achieved

Day's (08.12.11) Performance

1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding

Day's (07.12.11) Performance

1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)

Day's (05.12.11) Performance

1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open

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Market Outlook 21.12.11

Disbelief in the investors in our economic policies, drift in the rupee against dollar and selling pressure at higher level dragged the market to the level of 28 month low. It was the 5th consecutive day of fall in the Market. Sensex was at 15175.08 (-204.18), Nifty at 4544.20 (-68.90) and Nifty fut at 4566.80 (-57.05) on close. World markets were good yesterday but our market is over reacting now a days.

US and European market closed positive yesterday and Asian Market also opened in green.

Nifty watch for 21.12.11

As Nifty was below its important support level of 4550, experts are now on watch the break of the level of 4528.80, the lowest level of closing at Aug 2009.

Above 4573 Nifty may try to hit 4610, 4621, 4645, 4682 and 4713 today.
If Nifty closes above 4665, it may try to hit 4735 and 4763 in coming days.

Today Market is expected to open gap up around 4650. Volatility and selling at higher level can expect for the day.

Day's (20.12.11) Performance

1. Sell Axis Bank Fut at 811.50 SL 820 TGT 806/799 - Trigger Price Not Met at the given time of call - advised to close call
2. Sell Axis Ban Fut at 805 TGT 791/783 SL 813.50 - Trigger Price not met at the given time of call - advised to close call
3. Buy Nifty Dec Fut above 4608 TGT 4621/4635 SL 4582 - Trigger Price not met at the given time of call - advised to close call
4. Buy Reliance Fut at CMP (735-740) TGT 770 SL 722 - Advised to exit at 725 - loss of Rs. 2500/-
Day's Total Profit/Loss: 2500/-

Market Outlook 20.12.11

Market Outlook 20.12.11

Market faced stiff resistance and selling pressure at higher levels through out the day and traded in a narrow range. But recovered in last hour of trade. Sensex closed at 15379.34 (-112.01), Nifty 4613.10 (-38.50) and Nifty fut 4613.75 (-29.40). Index heavy weights Reliance and Tatamotors supproted the market recovery yesterday.

US market closed in green, but almost all Eurpoean Market were in red. Asian Market today opened in Green.

Nifty Watch for 20.12.11

Nifty is expected to open gap up around 4625.

On Up side Nifty may try to hit 4642/4665 and 4692. If Nifty managed to close above 4665 it may hit 4723 and 4740 in coming days.

On down side Nifty may find support at 4580/4560 and 4542. A close below 4542 may lead Nifty to go down up to 4450 in coming days

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Past Performance

Day's (19.12.11) Profit
Sell Nifty Fut at 4589.75 (CMP 4597) TGT 4576/4559 SL 4611.75 - SL Triggered - Loss Rs. 1100/-
Buy Nifty 4700 CE at 45-50 TGT 72 SL 30 - Exit at cost (52)
Sell Nifty at 4641 SL 4659 TGT 4628 - Call was given at Dec 16 & advised to hold for TGT 4609 - TGT achieved on Dec 19- Profit Rs. 1600/-
Sell Axis Bank Dec Fut at 870-880 TGT 861/850 Sl 891.50 - Booked Profit at 850/- - Profit Rs. 7500/-

Day's (15.12.11) Performance
1. Buy Axis bank DEC 2011 CE 1000 Buy at 10-12 TGT 16/20/24 - booked profit at 14.50 - profit of Rs. 1125/-
2. Tatamotors Dec 2011 CE 180 at 3.75-3.85 SL 1.75 TGT 4.9/5.50/6.20 -booked profit at 5.75 - Profit of Rs. 2375/-
3. Buy Nifty Dec 2011 CE 4900 at 55-58 SL 43 TGT 72/84 - Sl hit - Loss of Rs. 600/-
4. Buy SBIN DEC fut at 1712 TGT 1719/1727 SL 1698 - call not executed
5. Sell Nifty at 4708 TGT 4694/4677/4660 Sl 4727 - All TGTs achieved - Rs. 2400/-
6. Sell Nifty at 4641 SL 4659 TGT 4628 - TGT achieved - Rs.650/-
Total Profit for the day- Rs. 5950/-

Day's (14.12.11) Performance

1. Buy Nifty fut with TGT of 4813/4830/4842 Sl 4720 - 1st and 2nd TGT achieved - Profit Rs. 2850/-
2. Buy Nifty around 4807 or 4778 SL 4725.75 TGT 4844.05/4863.70/4891.35 ..... hold up to Friday TGT 4920/4934 - 1st TGT achieved and advised to exit - Profit Rs. 1850/-


Day's (13.4.2011) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding


Day's (12.12.11) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
2. Buy Nifty Dec 2011 PE at 75-85 TGT 102/110/125 SL 54.40 - call not executed
3. Buy SBIN 1846 or CMP SL 1797 TGT 1900/1915/1919 - ultimate TGT 2050 - SL Hit
4. Buy Axis Bank 985 or CMP SL 965 TGT 1000/1010/1017/1025 - ultimate TGT 1050 - 1st TGT Hit, holding

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Day's (09.12.11) Performance

Buy Nifty fut at 4900-4905 TGT 4940/4975/4993 SL 4854 - 1st TGT achieved

Day's (08.12.11) Performance

1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding

Day's (07.12.11) Performance

1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)

Day's (05.12.11) Performance

1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open

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Market Outlook 19.12.11

Bad IIP data, Bad inflation data, no positive move in RBI's policy and weak global cues crumbled the show throughout the week and Nifty closed its 21 month low after Nov 3 2009. Sensex was at 15491.35 (-345.12), Nifty at 4651.60 (-94.75) and Nifty Fut at 4625.85 (-131.55). Market was volatile through out the day. In intra day Nifty touched 4800 mark and Sensex made a high of 16068.90.

The both benchmark indexes dropped around 4.5% through out the week

Today also market may be volatile and trade with negative bias due to weak global cues.

Nifty Watch for 19.12.11

Nifty may open gap down below 4500 mark. Sell on rally is advised for the day.

Today's Support levels for Nifty Fut are 4583/4570 and 4551

Resistance levels for Nifty Fut are 4647/4677/4695

For the day Nifty may go down up to 4527 and 4503

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Past Performance

Day's (15.12.11) Performance
1. Buy Axis bank DEC 2011 CE 1000 Buy at 10-12 TGT 16/20/24 - booked profit at 14.50 - profit of Rs. 1125/-
2. Tatamotors Dec 2011 CE 180 at 3.75-3.85 SL 1.75 TGT 4.9/5.50/6.20 -booked profit at 5.75 - Profit of Rs. 2375/-
3. Buy Nifty Dec 2011 CE 4900 at 55-58 SL 43 TGT 72/84 - Sl hit - Loss of Rs. 600/-
4. Buy SBIN DEC fut at 1712 TGT 1719/1727 SL 1698 - call not executed
5. Sell Nifty at 4708 TGT 4694/4677/4660 Sl 4727 - All TGTs achieved - Rs. 2400/-
6. Sell Nifty at 4641 SL 4659 TGT 4628 - TGT achieved - Rs.650/-
Total Profit for the day- Rs. 5950/-

Day's (14.12.11) Performance

1. Buy Nifty fut with TGT of 4813/4830/4842 Sl 4720 - 1st and 2nd TGT achieved - Profit Rs. 2850/-
2. Buy Nifty around 4807 or 4778 SL 4725.75 TGT 4844.05/4863.70/4891.35 ..... hold up to Friday TGT 4920/4934 - 1st TGT achieved and advised to exit - Profit Rs. 1850/-


Day's (13.4.2011) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding


Day's (12.12.11) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
2. Buy Nifty Dec 2011 PE at 75-85 TGT 102/110/125 SL 54.40 - call not executed
3. Buy SBIN 1846 or CMP SL 1797 TGT 1900/1915/1919 - ultimate TGT 2050 - SL Hit
4. Buy Axis Bank 985 or CMP SL 965 TGT 1000/1010/1017/1025 - ultimate TGT 1050 - 1st TGT Hit, holding

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Day's (09.12.11) Performance

Buy Nifty fut at 4900-4905 TGT 4940/4975/4993 SL 4854 - 1st TGT achieved

Day's (08.12.11) Performance

1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding

Day's (07.12.11) Performance

1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)

Day's (05.12.11) Performance

1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open

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Market Outlook 15.12.11

Bad inflation data and weak global cues crumbled the show yesterday and market closed in red. Sensex was at 15881.14 (-121.37), Nifty at 4763.25 (-37.35) and Nifty Fut at 4764 (-47.35). Market was volatile through out the day.

Today also market may be volatile and trade with negative bias due to weak global cues.
Nifty Watch for 15.12.11

Nifty tried to cross its resistance of 4830 but can't hold at higher levels. Near term support for Nifty is 4720/4695 and 4640

Near Term resistance for Nifty is 4785/4840/4866/4897

If Nifty is able to cross 4785 it may go up to 4840.

The last hope for Nifty on down side is 4640 below which Nifty may go up to 4450

Day's (14.12.11) Performance

1. Buy Nifty fut with TGT of 4813/4830/4842 Sl 4720 - 1st and 2nd TGT achieved - Profit Rs. 2850/-
2. Buy Nifty around 4807 or 4778 SL 4725.75 TGT 4844.05/4863.70/4891.35 ..... hold up to Friday TGT 4920/4934 - 1st TGT achieved and advised to exit - Profit Rs. 1850/-

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Market Outlook 14.12.11

Short covering in the last half an hour of trading and expectation of cut in CRR pushed the market up and helped to close both benchmark indexes above their psychologically important levels of 16000 and 4800 respectively. Sensex was at 16002.51 +(132.16), Nifty at 4800.60 (+36) and Nifty Fut was at 4836.75 (+63.05). It made an end to 1007 points slide of the market in last 3 consecutive sessions. Index heavy weight Reliance rallied 2% yesterday lead the show. CNX Midcap Index lost 0.3% and BSE Small Cap Index was down 0.7% on close.

Today market is expecting inflation data and may trade in negative on opening. Volatility may be there for most part of the day. Most of the European Markets were closed in red, but US market in green. SGX Nifty is down 46 points and trading at 4790.

Nifty Watch for 14.4.2011

Below 4847 will support bears only. Below this level, Nifty may go down up to 4776/4752 and 4724.

Above 4847 Nifty may hit 4865 and 4896. If Nifty crosses above 4896 it may go up to 4922 and 4947

Day's (13.4.2011) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding

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Market Outlook 13.12.11

Bad IIP data and steep fall of Rupee against dollar added more woes to Indian market, resulting a pathetic performance through out the day. Sensex closed below 16000 mark at 15870.35 (-343.11), Nifty at 4764.60 (-102.10) and Nifty Fut at 4769 (-116.90). CNX Mid Cap Index closed 2.2% down and BSE Small Cap Index was lost 1.6% at close.

Nifty Watch for 13.12.11

Nifty closed below its psychological support level of 4800. There may be some more sell of today, but as last hope for Nifty is 4700 level, if Nifty breach and close below this level then heavy sell off up to 4450 is expected.

For its upward journey Nifty has to cross and close above 4850 level with high volume.

Sell on rally is advised for the day. But there may be some short covering in the second half of the trading session.

Past performance

Day's (12.12.11) Performance

1. Buy SBIN Dec 2011 CE 2000 at 13-16 TGT 22/29/32 - No SL , loss only Rs. 1625/- - holding
2. Buy Nifty Dec 2011 PE at 75-85 TGT 102/110/125 SL 54.40 - call not executed
3. Buy SBIN 1846 or CMP SL 1797 TGT 1900/1915/1919 - ultimate TGT 2050 - SL Hit
4. Buy Axis Bank 985 or CMP SL 965 TGT 1000/1010/1017/1025 - ultimate TGT 1050 - 1st TGT Hit, holding

Market Outlook 12.12.11

The market closed with loss on last Friday, Nifty was at 4866.70 (-76.95), Sensex at 16213.46 (-274.78) and Nifty Fut at 4882.25 (-74.35). Auto, Capital Goods and Oil and Gas being the worst performers. Market tried to recover in the afternoon session but selling pressure at higher levels kept the market in red. CNX Midcap index was down 0.6% and BSE Small Cap Index was at 0.9% low at close on Friday's trade.


Nifty Watch for the week ahead

The positive thing about the Nifty spot and Nifty Dec Fut is that it is closed above 4850 level. We are seeing a pattern of higher lows and lower highs forming not only is US and European markets but also in the most of the world markets including Indian markets which may create some upward momentum in markets. Every December we are seeing some short covering and an upward rally. Market is expecting this Santha Clause rally every where this year also.


The outcome of EU summit is not so cheerful but some thing which market can look positive and can have a view that worst thing is avoided. But the solution which were put forward in a long term point of view, but they have to take some concrete steps to implement it. Due to this outcome all most all European markets and US market closed positive on Dec 09 2011. This may lead to some recovery in our market also on this coming week.


The worst things expected coming week are IIP data on Monday, Advance Corporate Tax payment on Thursday and Inflation data on Wednesday. This may make our market more volatile.


Nifty may test the level of 5032, 5145 and 5235 on upside by taking support from 4812 and 4702.

Stock Watch for the week ahead

RBI's mid-quarter monetary review meeting is scheduled next Friday is expected to have a cut in rates which may stimulate an up trend in banking stocks. Stocks to be in the radar is SBIN and Axis Bank.

It is expected that SBIN to hit 2050 and Axis bank 1050 this month.

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Past Performance

Day's (09.12.11) Performance

Buy Nifty fut at 4900-4905 TGT 4940/4975/4993 SL 4854 - 1st TGT achieved

Day's (08.12.11) Performance

1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding

Day's (07.12.11) Performance

1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)

Day's (05.12.11) Performance

1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open

Market Outlook 09.12.11

The opposition's demand for resignation of Mr. P. Chithambaram, the rejection of insurance amendment bill by the Standing Committee on Finance and bad inflation data dragged the market sharply yesterday to close Sensex at 16488.24 down 388.82 points, Nifty at 4943.65 down 118.95 and Nifty Fut at 4964.50 down 121.60. CNX Midcap Index was closed with 2.1% loss while BSE Small Cap Index was down 1.6% in the trade.

In our yesterday's newsletter we clearly wrote that market is showing weakness and there is a chance of 150-250 points correction. In intraday Sensex was down around 400 to 450 points and Nifty 150 points. Closing of Nifty below 4950 is a clear indication of further weakness but there is a chance of recovery in the market due to European Central Bank's decision of rate cut to reduce interest rate and the expectation on European summit to have a positive outcome to tackle the euro zone debt crises.

All most all world markets closed in red yesterday except US markets.

Nifty Watch for 09.12.11

Nifty may open gap down. SGX Nifty was down 54.50 this morning (at 08:19).
Nifty Fut has a strong support at 4889 and resistance at 5002. If Nifty fut break below 4888 it may go down up to 4854 and 4829.
If Nifty fut able to sustain above 5003 then it may try to hit 5040, 5070 and 5100

Past Performance

Day's (08.12.11) Performance

1. L&T Dec Fut Bought at 1330 hit SL 1313 - Loss of Rs. 4250/-
2. Reliance Dec Fut bought at 805.15 hit SL 791 - Loss of Rs. 3537.50
3. Buy Nifty Dec 2011 CE 5100 bought at 67 - holding

Market Outlook 08.12.11

Indian Share Market was traded firm though out the day with positive bias. But unable to sustain at higher levels due to profit booking and u turn by the government on FDI in retail sector. Market closed with moderate gains, Nifty was at 5062.60 (+23.45), Sensex was at 1687706 (+71.73) and Nifty Dec Fut was at 5079.80 (+14.20). CNX Midcap Index closed with 0.02% gain and BSE Small Cap Index was up 0.02% .

Some analysts feels that market is witnessing year end rally and may expected to carry over to 5300 level. But yesterday's market performance gives a clean indication that the road to 5300 mark may not be smooth. There are lot of positive news expected by the market this month. But if we forget the news and read yesterday's performance chart, we can see that there is a weakness in the market at higher levels and it may lead market to a 150-250 points correction.

Nifty Watch for 8.12.11

Today Nifty is expected to trade in negative. But advise to be cautious while trading in this kind of market due to high volatility.

Immediate Resistance for Nifty Fut is 5090, if it is taken out for an up move, it may face strong resistance at 5141.33. Above 5141.33 Nifty Fut may touch 5159.25

Nifty Fut has strong support at 5035.79, below it may go down up to 5017.87 and 4999.95 today

Nifty Trading Tips for 08.12.11




Share Trading Tips for 08.12.11

Buy L & T fut at 1330-1336 TGT 1350 SL 1313 - call was given on 07.12.11 and holding

Day's (07.12.11) Performance

1. Buy SBIN Fut at 1870/1875 TGT 1897.60/1910 SL 1854.75 - call was given on 06.12.11 and both the target achieved on 07.12.11 (Profit Rs. 5000/-)
2. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - call was given on 06.12.11 and 1st and 2 nd Target achieved and booked profit at 5128 on 07.12.11 (profit Rs. 3845/-)
3. Buy Nifty 4900 Dec PE at 60-65 SL 47 TGT 84 - call was given on 05.12.11 and Stop loss hit on 07.12.11 (loss Rs. 900/-)

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Market Outlook 07.12.11

Depreciation of Rupee again against dollar and profit taking at higher levels led Nifty to close at 5039.15 (-11), Sensex at 16805.33 (-41.50) and Nifty Dec Fut at 5072.75 (-8.45). Through out the day market traded with negative, but covered most of the losses in last one hour of trade. CNX MidCap Index closed with 0.01% loss while the BSE Small Cap Index was 0.01% up. Reliance, ICICI bank ITC etc dragged the market down.

Approval of Government of Rs. 1000 cr capital support to Bank of India and French & German Government's joint plan to tackle euro zone debit crises will positively effect market in coming days. But the outcome of European Union Summit on 9th of Dec 2011 and proposed cut of repo and reverse repo ratio by RBI beofre 16th of Dec 2011 will have a positive impact on Indian market.

Market is in a consoidating mood and expected to move sidewise

Nifty Watch for 07.12.11

Nifty fut has immediate Resistance at 5090. Above this mark Nifty fut may try hit 5107, 5122 and 5133

Immediate support for Nifty fut is at 5054. Below 5054 bears may drag the Nifty Fut to 5037, 5022 and 5008

Nifty Trading Tip for 07.12.11

Buy Nifty Dec Fut at ???? SL ???? TGT ???? - For subscribers only

Share/Future/Options Trading Tips for 07.12.11

Past Performance

Today's (05.12.11) Performance
1. Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - call open - made a high of 74
2. Sell L & T Dec 2011 Fut at 1320 SL 1351 TGT 1290/1271/1263 - call closed at 1315- made a low of 1301 (profit - Rs. 1250/-)
3. Buy Infy above 2704 SL 2691 TGT 2714/2725/2740 - 1st & 2nd TGT achieved - call closed at 2714 -(Profit Rs. 10/- per share)
4. Buy SBIN Fut at 1870-1875 TGT 1897.60/1910 SL 1854.75 - 1st TGT achieved & made a high of 1906 - call open (profit 4500/-)
5. Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133 - made a high of 5086 - call open

Market Outlook 05.12.11

The Indian market staged a stunning upward journey on Friday in anticipation that the European Union Summit would have a positive outcome. Appreciation of Rupee against Dollar also backed this up move. The Sensex was jumped 405 points in intra-day trade, but closed at 16846.83 (+363.38), NSE Nifty Spot was at 5050.15 (+113.30) and Nifty Dec Fut. at 5093.80 (+130.05).

Last week market witnessed the biggest weekly gain for the Indian Markets in 2.5 years. Sensex was up 7.3% and Nifty was up 7.2%. CNX Midcap Index was up 3.3% and BSE Small cap Index was up 2.3% over the week.

Many of the experts feels that this is the begining of a new bull run and they expect Nifty to move above 5300 mark this month. But before that a positive solution for Euro-zone crises is expected.


Nifty watch for 05.12.11

Now the trading range for Nifty fut is 4885 to 5250. There will be stiff resistance for Nifty Future at 5137 and 5179.50. Above 5179.50 Nifty may hit 5213.90 and 5248.80
Strong support for Nifty is 5007. Below 5007 mark Nifty Fut may touch 4972 and 4937.

Buy at low level & sell high level is suggested.

Nifty Trading Tips for 05.12.11

Buy Nifty Dec Fut at 5051.10 SL 5007 TGT 5107/5120/5133


Share/Future/Options Trading Tips for 05.12.11

Sell L & T Dec 2011 Fut at 1315-1325 SL 1351 TGT 1290/1271/1263 - 1 to 2 weeks

Share tips

1. Buy Ceat at CMP with TGT 87.70/93.40 SL 67.60

2. Buy Pipava Defence with TGT 84.60/88.30 SL 49.90

3. Buy NMDC with TGT 186-190 SL 173.20 TGT 199/210


Past Performance (Calls Given to Customers)

1] 29.11.11 Buy Nifty Dec 2011 4700 PE at 87-88 SL 69 TGT 102/110 - 1st and 2nd TGT achieved on 29.11.11 and 30.11.11 respectively (profit Rs. 1150/-)
2] 30.11.11 Buy Nifty Dec 2011 4900 CE at 70-75 SL 59.70 TGT 97/104/110 - 1st and 2nd TGT achieved on 30.11.11 (profit Rs. 1700/-)
3] 01.12.11 Buy Nifty Dec 2011 4900 PE at 70-80 SL 57.50 TGT 100/107/115 - 1st and 2nd TGT achieved on 01.12.11 (profit Rs. 1350/-)
4] 01.12.11 Buy Nifty 29 Dec 2011 5000 CE at 80-90 TGT 115/124/145 SL 69 (Price not come down to 80-90 leves Call not executed)
5] 02.12.11 Buy Nifty at/above 4970 TGT 4985/5003 SL 4952 - All TGT achieved on 02.12.11 (profit Rs. 1650/-)
6] 02.12.11 Infy buy at 2717 TGT 2726.05/2740 SL 2699 - 1st TGT achieved & made a high of 2737 on 2.12.11- Share/fut is holding for TGT with revised SL at 1st TGT (porfit Rs. 20 per share or Future Rs. 5000)
7] 02.12.11 Buy Nifty 4900 PE (DEC 2011) at 60-65 SL 45.75 TGT 83/97 - Put is holding
8] 02.12.11 Buy Axis Bank Dec fut at 985-987 TGT 997/1003 SL 969 - all target achieved on 02.12.11 (profit Rs. 4500/-)

Market Outlook 02.12.11

Buying from FII made Indian Market to close in green. Sensex closed at a level of 2 week high at 16483.45 (+359.99), Nifty at 4936.85 (+104.80) and Nifty Dec Fut at 4957.15 (+124.80). Central bank's move to reduce the cost of the dollar pushed all the global markets higher. Sharp aapreciation in the Rupee too helped our market to close in green. All sectoral indexex closed positive barring Phama Stocks. In intra-day Sensex touched a high of 16718 but can't hold the levels due to profit taking at higher levels.

Nifty watch for 02.12.11

The trading range for Nifty is 4750 to 5050. There will be stiff resistance for Nifty Future at 5023 and 5045. Below 4913 market may touch 4860/4845 and 4812.

One should book profit in higher levels

Nifty Trading Tips for 02.12.11

Sell Nifty Dec Fut at 5010 SL 5027 TGT 4967/4949

Market Outlook 01.12.11

It was an extremely volatile session of trade for Indian Market. Ups and downs was there for the most part of the day, but managed to close in green with the help of recovery in index heavy weights like Bharti Airtel, ONGC, RIL, ITC etc. Sensex closed at 16123.46 (+115.12), Nifty at 4832.05 (+26.95) and Nifty Dec Fut at 4840.15 (+23.40).

The GDP data was weak, but in line with the market expectations and European market was opened red made the market sentiments negative in intra-day. But Bharti Airtel outperformed and shoot up around 4%. Index heavy weights ONGC and Reliance climbed up around 3% and 1.5% respectively helped the market in close in green.

Nifty watch for 01.12.11

The day ahead may expect more volatile and selling may come in higher levels. For Nifty major resistance now is 4865.60, above which Nifty may try to hit 4895 and 4922 today. 4950 also possible if Nifty closes above 4865.60 today.

In downside major support for Nifty is placed at 4750.90. Below which Nifty may go down up to 4735 and 4713.

Buy on dips is the strategy for today

Nifty Trading Tips for 01.12.11

Buy Nifty Dec Fut at 4810 SL 4780 TGT 4843/4864.50/4895/4922

Market Outlook 30.11.11

Market closed with a negative note on a volatile day of trade. This was mainly due to profit booking on higher levels. Nifty was at 4805.10 (-46.20) and Sensex was at 16008.34 (-158.79) on closing of the day. CNX Mid cap index was 0.4% down and BSE small cap Index was down 0.2%.

Significant thing is that both the Indexes are just above their psychological as well as technical support levels. Nifty managed to hold on to the 4800 mark despite losing 46 points. The Sensex lost 160 points, but clinch to held 16000 mark. Buying at low level is expected for the days ahead. Experts feels that another upside of 100-200 points will be there for Nifty and it may test 4950 by a couple of weeks ahead. Some others expects there will be 5-7% of correction in the market from present level due to weak global and domestic factors.

Nifty watch for 30.11.11

Major support for Nifty Fut is 4758.50 Below this level Nifty may go down up to 4736.85/4715
Other immediate support for Nifty is 4803/4794.25/4785.33.

Major Resistance level for Nifty is 4865.35 Above this level Nifty may try to hit 4887.17/4909
Other immediate resistance for Nifty is 4820.89/4829.75/4838.65

Nifty Trading Tips for 30.11.11

Buy Nifty Dec 2011 Fut at 4785 SL 4758 TGT 4818.65/4827.15/4836.75

Sell Nifty Dec 2011 Fut at 4757.50 SL 4786 TGT 4738/4716

Share/Future/Options Trading Tips for 30.11.11

Buy Hindunilvr Dec 2011 420 CE at 2 SL 1 TGT 3.20/4/5.50

Visit: http://niftywatch.0adz.com

Market Outlook 29.11.11

It was a good & firm start for a trading week. Nifty closed at 4851.30 (+141.25) and Sensex at 16167.13 (+471.70). Short covering in almost all the sectors and strong global cues led to this relief rally through out the day. The appreciation in Value of Indian Rupee by 0.63% to 51.92 against a dollar also another of the factor that helped the market to perform yesterday. CNX Midcap index was up 1.7% and BSE Small Cap index was up 1.8%.

We can expect a rally of 50-100 points today. As the fundamental issues are still the same there, but one should be careful on higher levels while trading.

Nifty Watch for 29.11.11

Strong Support for Nifty Future is 4804.90. Below this level Nifty may go down up to 4776/4748.70

Other Nifty supports are 4862.07/4839.18

Near firm Resistance for Nifty future is 4907.82. If it break with huge volume Nifty may hit 4942.24/4970.22/4998.30 today.

Nifty Fut Trading Tips for 29.11.11

Buy Nifty Dec 2011 Fut at 4839.50 SL 4803 TGT 4860/4881/4893/4905

Sell Nifty Dec 2011 Fut at 4802.65 SL 4840 TGT 4778/4750

Market Outlook 27.11.11

After a day of gains again Indian Market slip into red. Sensex closed at a new 2 year low of 15695.43(-163.06) and Nifty at 4710.05 (-46.40). Weak global cues lead to a gap down opening on last Friday morning and traded with negative bias whole day due to the sell off in the key stocks like RIL, Maruthi etc.

The Whole week was choppy and negative. Both index were closed around 4% loss during the week. BSE Small cap lost 2% and Bank Nifty 4.5%. All most all the sectoral indexes were in loss.

Fall of Indian Rupee against US Dollar is the main concern of the Market in coming week also. The high inflation in India and euro zone crises attributed to this fall. As our Finance Minister said we are a victim of Euro zone crises. Another reason of Indian Market fall is the frequent rate hike by the RBI to tackle inflation.

Actually the sell off in German Government bonds, a warning on France's triple-A rating and on the whole delay in solving the Euro zone issues placed the global as well as Indian markets in a danger zone.

Some Market experts expecting that inflation may eased out in coming months. This may lead to some improvement in the equity market.

Nifty watch 27.11.11

For coming week as well as for Monday the key level for Nifty is 4681.75 below this level market may go down up to 4657.85/4637.63/4617.40

Where as on the upper side Nifty may face stiff resistance at 4797. The immediate resistance for Nifty is 4723.75, above this level Nifty may face resistance at 4732.02/4756.74/4776.97

If Nifty may able to break 4797, next target is 4850.

Nifty Trading Tips 27.11.11

Buy Nifty at 4715.53 with SL 4681 TGT 4722/4731/4754/4776/4790

Sell Nifty at 4680.53 SL 4699.25 TGT 4658.50/4639.05/4619.40

Share/Fut Trading Tips 27.11.11

Buy SBIN at CMP (1660-1670) SL 1625 TGT 1697/1723/1750 (Fut/Cash)

Buy ITC at CMP (190-194) SL 183 TGT 201/212/225 (Fut/Cash)

Buy Tatamotors at CMP (169-172) SL 163 TGT 179/185/190 (Fut/Cash)

Buy Bank Nifty at CMP (8450-8485) SL 8291 TGT 8550/8600/8650 .... if long for 1 month TGT 9000

Sell Hindalco at CMP (112-114) SL 116.50 TGT 110/108.50/107 (Cash)

Sell Reliance at CMP (750-760) SL 775 TGT 737/725/715

Market Outlook 25.11.11

Short covering in the later half of the trading session and appreciation in the value of rupee against dollar aided the market to close in green yesterday. Sensex was up around 1% at 15858.49 (+158.52) and Nifty was at 4756.45. But Euro-zone debt fears, depreciation in the value of rupee against dollar & disappointing Q2 results made whole November series worst and both benchmark index were down around 8%.

Nifty outlook for 25.11.11

Market may open gap up and trade firm in the opening. But for upper side Nifty has to cross 4780, above this Nifty may try to hit 4820/4845
If Nifty crosses above 4865 with huge volume we can expect 5050 in coming days

Below 4697 market may try to hit 4663/4642/4627/4605

Nifty Trading Tips for 25.11.11

Buy Nifty Dec Fut at CMP with SL 4795 TGT 4779/4794/4813

Sell Nifty Dec Fut at 4690 with SL 4711 TGT 4672/4664/4645

Market Outlook 24.11.11

It was another day of disaster for Indian Share Market. Fall of Rupee against dollar and withdrawal of funds by FII made Nifty and Sensex to close in red. Nifty closed at 4706.45, 105.95 points low, near 2 year low falling 2% on heavy volumes & Sensex closed at 15669.97, 365.45 points down. Almost all sectors were in red. It would be more pathetic if some short covering in the second half helped the market to come out from low of the day. In intra-day BSE Sensex were 587 points down to hit 15478.69 and Nifty touched low of 4640.95. Top Nifty gainers were NTPC, RCom and Bajaj Auto while losers were BPCL, JP Associates, HDFC bank and IDFC


Nifty Outlook 24.11.11

As our market is very weak, a gap down opening is expected and bears may take charge of market. Nifty may slip to 4678/4665/4627/4595 tomorrow. Nifty closing may invite more volatility. Short covering may be there for the day. For upper side Nifty has to break 4743 then it may try to hit 4785/4813/4845.

Nifty trading Tip

Sell Nifty at 4689 TGT 4678/4665 SL 4717

Buy Nifty (if trading above) 4729 TGT 4741/4780/4812 SL 4716

Market Outlook 23.11.11

Market Outlook 23.11.11

It was a day of releif for Indian Share Market. Even though last half hour bears tried to spoil the show, market managed to close in Green. Nifty was at 4812.35 up 34 points & Sensex was at 16065.42, 119.32 up. Metal, technology, auto, oil & gas and capital goods sectors supported the market. BSE Small cap index was up 0.03% and CNX Midcap index was down 0.1%

Nifty fut outlook for 23.11.11
The level for Bulls for the day is 4828.90. Above this level Nifty fut may try to hit 4855.75/4881.10 and 4904.65. A close above 4887 may lead Nifty to 5050 level in coming days.

Bears may take charge below 4787.30. Below that level Nifty Fut may go down to 4763/4738.10 and 4715. A close below 4712 may take Nifty to 4655 in coming days.


Nifty Tips

1. Buy Nifty Nov Fut at 4829.10 TGT 4854/4880/4902 SL 4788.30

2. Sell Nifty Nov Fut at 4786.10 TGT 4765/4739/4716 SL 4828.90

Market Outlook 23.11.11

Market Outlook 23.11.11

It was a day of releif for Indian Share Market. Even though last half hour bears tried to spoil the show, market managed to close in Green. Nifty was at 4812.35 up 34 points & Sensex was at 16065.42, 119.32 up. Metal, technology, auto, oil & gas and capital goods sectors supported the market. BSE Small cap index was up 0.03% and CNX Midcap index was down 0.1%

Nifty fut outlook for 23.11.11
The level for Bulls for the day is 4828.90. Above this level Nifty fut may try to hit 4855.75/4881.10 and 4904.65. A close above 4887 may lead Nifty to 5050 level in coming days.

Bears may take charge below 4787.30. Below that level Nifty Fut may go down to 4763/4738.10 and 4715. A close below 4712 may take Nifty to 4655 in coming days.


Nifty Tips

1. Buy Nifty Nov Fut at 4829.10 TGT 4854/4880/4902 SL 4788.30

2. Sell Nifty Nov Fut at 4786.10 TGT 4765/4739/4716 SL 4828.90

Share/Fut Trading Tips

1. Buy JSW Steel 580 Nov CE at 9-9.50 TGT 12/14.50/17 SL 5.50

2. Sell Bharti Airtel at CMP(379-381) SL 389 TGT 372/361

3. Sell Titan at CMP(194-196) SL 200.10 TGT 183/178

Market Outlook 22.11.11

It was another day of panic. Indian market fell drastically. Sensex closed at 15946.10 down 425.42 points & Nifty at 4778.35, 127.45 points down. The imporatant level for Nifty was 4842. Weakening of Indian Rupee & global markets played there role well.

For today if Nifty breaks below 4763 it may once again favor bears only. Below that level Nifty future may try to hit 4725/4698. Below 4687 it may go down to 4661/4647/4622/4600 in coming days.

But there may be some reversal up to 4821. Above this level it may try to hit 4880/4920. May be in 2-3 days it may hit 5050.

Happy trading

Market outlook 21.11.11

It was a disappointment week for Indian share market. The market was down for 7 consecutive day. Global cues, inflation in india, weakening of Indian Rupees, there are many reasons for fall in the market.
On Friday Nifty closed at 4905.80 down 28.95 points & Sensex at 16371.51 down 90.20 points. The Sensex lost 4.9% while the Nifty lost 5.24% during the week. The market traded deeply in the red for the most of the week. However towards the closing of Friday, short covering & positive opening of the European markets helped to close the Indian market with moderate loss only.
There is some hope for the coming week, but there may be still big volatility wait the traders/investors in the market.

Nifty outlook

The key level for Nifty is 4920. Above this level market may remain positive. A gap up opening will do the things in favor of bulls.
Next level of resistance is 4962-4976. Above this level market may try to hit 5010/5043/5060
Below 4900 market may go deep up to 4856/4832/4813/4803

Market outlook 18.11.2011

It was a disappointing performance by the Indian market. Sensex closed at 16461.71, 314.16 points down and Nifty at 4934.75, 95.75 points down. Both benchmark indices closed with about 2%. Reliance was the top loser among heavy weights. BSE small cap index was down 1.1%

Nifty on 18.11.2011

Nifty is now below it's significant support level of 4950 & it's psychological support level 5000. But some relief rally expected at current levels. The strategy is sell in rally.

Sell Nifty around 5020, if relief rally is there, TGT 4913/4885 SL 5074

Buy Nifty around 4903/4913 SL 4856 TGT 4975/4998/5020

Share tip

Hindoilexpo buy around 120 SL 92.75 TGT 158.60/180 - 6 months

Share tips for medium to long term investment

1. SBI buy 1760 TGT 1800/1850 - 3 months
2. Kingfisher Air buy at CMP TGT 38/47 - expect some recovery formula- 6 months
3. Great Offshore buy at CMP or on dips TGT 116/121 - 3 months
4. Idea cellular buy at CMP TGT 105/112
5. India Glycol buy at 120-126 tgt 150/180 - 6 months

Market outlook for 15.11.2011

The market was opened positive as expected but can't hold the upward momentum. Market witnessed heavy selling in the second half of trading session and Nifty closed at 5148.35, 20.50 low and Sensex at 17118.74 74.08 points low.
Top gainers in NSE were Ranbaxy labs, Bharti Airtel, Hero Honda, Drreddy and Hdfc Bank
Top losers were RIIL, M&M, RPower, Tata Steel & Maruti

Nifty tomorrow

Market expected to open gap down.
Nifty Nov Fut below 5140 may try to hit 5113/5102/5092
Above 5170 Nifty may go up to 5185/5209/5223/5247

Stock picks for 15.11.2011

1. Buy Drreddy at 1645 TGT 1667.30 SL 1623.70 (1 week)

2. Sell Bataindia at/below 675 TGT 652.80 SL 693 (1 week)

Market outlook 14.11.11

Even though market was negative last week today it is expected to open gap up. You can buy Nifty at CMP with SL 5135 for TGT 5325
Below 5135 Nifty may retest 4700

Market Outlook for 11.11.11

Market Yesterday
Nifty closed at 5221.05 slipped 68.30 points & Sensex closed at 17362.10 on 09.11.11. Market started in green yesterday and traded range bound. But came down sharply at the last hour of business due to Global and domestic cues.
Worries over the Italian debt crisis spread even after the Italian Prime Minister's readiness of resignation. European & US markets were also in red yesterday.
SBI fall 7% on account of worries over its assets quality too added severe pressure on the market and also the down grade of Indian Banking system from stable to negative by global rating agency Moody's led Indian markets down
Banking, reality, metal, oil & gas, auto & capital goods were dragged the market down. IT & FMCG were only in green. The market breadth was negative with advances 307 & declines 1001 on NSE.

Nifty View
For the time being 5145-5165 may act as solid support for the Nifty and 5335 will act as resistance.

Above 5238.25 Nifty may try to hit 5253/5271/5289 & 5308 while on down side below 5220 Nifty may go up to 5204/5186/5168/5150

Trading Tips

1. Buy HUL 389-392 SL 374.50 TGT 415/424
2. Buy Jet Airways 250-258 SL 219.35 TGT 272.50/293/305

Market outlook at 09.11.11

Nifty traded range bound. It was a choppy day. The Nifty closed with a 5 points again, after recovered from day's low.
Sensex closed flat up only 6.92 points at 17569.53. The NSE Nifty was up 5.15 points at 5289.35. BSE Small cap index lost 0.2%.
Market was entered into a consolidated mode next move. Market was recovered in the last hours due to the up move in European market.
The expected events in European market are cabinet' session in Greece, Italy's PM's confidence vote and meeting of European Union Finance Ministers.
SBI gained over 1.7% today. The market breadth was negative with advances 570 against declines 730 on NSE

Share/Future:

Above 5329 Nifty may try to hit 5344.50/5362/5381.19 & 5399.50
Nifty has to break & sustain above 5365 to continue its upward journey.

On down side below 5310.60 Nifty may try hit 5295.20/5277 further drop will be there if Nifty breaks below 5258 & 5240.

Voltas buy at 107.75 SL 93.20 TGT 121
HDIL buy at 101.15 SL 96.70 TGT 105/110

Market today

>
> Market was landed in negative territory last week. Auto sector were the worst performer.
> This week if nifty stay breaks & sustain above 5365 up move is expected. If nifty breaks below 5160 bearish move expected.
> Most probably nifty may trade in between this range & consolidate for next couple of week.
> For today:
> Nifty buy above 5335 with SL 5322 TGT 5344/5362/5383
> Nifty sell below 5290 SL 5324 TGT 5275/5253/5245

Market Outlook for 3.11.11

Market closed flat on Wednesday, Nifty at 5258.45 with a gain of 0.5 points and Sensex were marginally in red at 17464.85, 16 points down.
Greece is still there to control ups and downs of the global financial markets!!! The Greece debt related issues still keeps markets down and every eyes are now in G20 summit held on 3rd and 4th November 2011. European markets also were in red after Euro-zone Manufacturing PMI was out in the yesterday evening.
But most of the day, apart from opening and closing session, Indian markets were managed to be in green.
Bharti Airtel & Hero Motocorp were the mainly dragged the market yesterday. But Reliance Industries and ADAG Group shares supported the market. RCom shoot up 5.5% on reports that RIL may tie up with the company for telecom services. The new listing Indo Thai Securites fell around 70% to close at 23 after making an intra day high of 99.10 and low of 18.10 on BSE.
Market breadth was negative about 660 shares advanced and 761 shares declined on NSE.

Tip for 03.11.11

Nifty has strong resistance at 5335-5345 zone.
If Nifty breaks below 5223.25 it may go down to 5202.45 and 5181.65.
For upward journey Nifty has to break and sustain above 5323.90 and then 5335.35/5345.75 and 5366.25

Buy Great Offshore Ltd at/above 125.05 SL 105.75 TGT 137.75/143.05 - 6 months hold

Market outlook 2.11.11

Greece's call for a referendum on the bailout package spoiled the market sentiments of Indian share markets as well as global markets.
Indian markets were slipped for the second consecutive day after the strong rally last week. But the rally, last week was driven by mere sentiments not by the change in basics of the market fundamentals.
It may be a short covering, may be due to the mere optimistic result of EU summit or Diwali sentiments.
Market may be volatile for next few sessions.
Nifty below 5274.70 may slip to 5247/5239. Below 5212 the things will be worst.
The trading range for Nifty may be 5174-5345

Buy Orchid chemicals on dips with SL 142.30 Tgt 187/198/212 - long term

Trading tip for Nov 1 2011

The nifty were closed at 5326 down 34 points & Sensex at 17705, 100 down on Monday. It was mainly due to the negative performance of global markets after a quite good rally last week.
Oil & gas, Metal, reality, Capital goods, Cement, Health care, were under selling pressure. However HUL, HDFC Bank, Infosys and Hero Motocorp were outperformed.
It is expected to be more volatile in coming days & market may move sideways for next few sessions.

1. Buy Nifty 5334.70 SL 5321.50 Tgt 5349/5353
2. Sell Nifty at 5359.25 TGT 5343/5339 SL 5371.19

Above 5372 Nifty may try to hit 5391. For bears below 5320 it will hit 5303.

1. Sell Reliance at 884.75 TGT 876/874 SL 892

Visit niftywatch.blogspot.com for updates

Market today

Market may open flat

Buy INFY at/above 2824.30 SL 2788 TGT 2892/2927/2955/2982

Nifty Buy above 5418.50 SL 5401.40 TGT 5432/5446