Friday, June 29, 2007
Bulls Overpowering !
The Bulls have the upper hand at least for the time being.
Free Intra Day tips :
Buy ACC futures 918-921 . Stop Loss 914. Target 935.
Buy Hindalco Futures 164.5-165.25 . Stop Loss 162. Target 169.5.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Free Intra Day tips :
Buy ACC futures 918-921 . Stop Loss 914. Target 935.
Buy Hindalco Futures 164.5-165.25 . Stop Loss 162. Target 169.5.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
A fresh start!
So the July series commences today. Its a fresh start for the the F&O market with a little over 55000 crores in Open Interest.Nifty Put call ratio is at 1.45.Nift rollovers at 74% as compared to stock rollovers of 69%. So where do we go from here ?
The support for the Nifty is at 4236-4210 . And the resistance to the up move at 4286-4322-4362.
Global Cues :
US MARKETS
Nothing changed in the US fed 's decision about the interest rates.With core inflation deflating faster than the Fed has anticipated, the word "elevated" was removed. That gave market bulls a little something to hang their hat on. However, the directive went on to say that "sustained moderation in inflation pressures has yet to be convincingly demonstrated. The directive also reiterated that "the high level of resource utilization has the potential to sustain those pressures" and that inflation remains a predominant risk, hardly suggesting the Fed's tightening bias is any softer than it was at the last meeting.Thus, nothing in the statement to suggest the FOMC is inclined to move the fed funds rate anytime soon, either up or down, was eventually interpreted as fairly neutral and ultimately gave investors little guiding influence about the short-term direction for equities.
ASIAN MARKETS
The Asian markets are a mixed bag , with Nikkei up on Yen 's depreciation.Nothing startling as far as the Asian indices are concerned. We leave aside china as 2-3 % losses or gains at the Chinese markets are a norm now rather than being just exceptions.
We will be back with our trading calls in the mid afternoon.
Our regular clients get them before the start of the trading sessions.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
The support for the Nifty is at 4236-4210 . And the resistance to the up move at 4286-4322-4362.
Global Cues :
US MARKETS
Nothing changed in the US fed 's decision about the interest rates.With core inflation deflating faster than the Fed has anticipated, the word "elevated" was removed. That gave market bulls a little something to hang their hat on. However, the directive went on to say that "sustained moderation in inflation pressures has yet to be convincingly demonstrated. The directive also reiterated that "the high level of resource utilization has the potential to sustain those pressures" and that inflation remains a predominant risk, hardly suggesting the Fed's tightening bias is any softer than it was at the last meeting.Thus, nothing in the statement to suggest the FOMC is inclined to move the fed funds rate anytime soon, either up or down, was eventually interpreted as fairly neutral and ultimately gave investors little guiding influence about the short-term direction for equities.
ASIAN MARKETS
The Asian markets are a mixed bag , with Nikkei up on Yen 's depreciation.Nothing startling as far as the Asian indices are concerned. We leave aside china as 2-3 % losses or gains at the Chinese markets are a norm now rather than being just exceptions.
We will be back with our trading calls in the mid afternoon.
Our regular clients get them before the start of the trading sessions.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Thursday, June 28, 2007
Fireworks at 2.30 pm
So the June series is coming to an end. its going to be volatile in the last one hour.
No intra day tips but one for the next series.
Free tips for the series :
JULY SERIES :
Buy Hindalco Futures 164-165. Stop loss 163. Target1 170 . Target 2 174.
Sell ACC Futures 899-903. Stop Loss 912.5 . Target1 890. Target2 875.
Be Strict with the stop loss !
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
No intra day tips but one for the next series.
Free tips for the series :
JULY SERIES :
Buy Hindalco Futures 164-165. Stop loss 163. Target1 170 . Target 2 174.
Sell ACC Futures 899-903. Stop Loss 912.5 . Target1 890. Target2 875.
Be Strict with the stop loss !
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
June series expires today!
Good Morning all! So another series ends today , its been a range bound week but extremely volatile.As usual our tips were spot on and hope our investors earned handsome profits.
Global cues are a lot better , but that does not rule out a negative opening.Its going to be one difficult day for traders.The support for the Nifty is at 4236 and resistance to the up move at 4286-4290-4322. We will be back in mid afternoon for trading calls and more market insight.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Global cues are a lot better , but that does not rule out a negative opening.Its going to be one difficult day for traders.The support for the Nifty is at 4236 and resistance to the up move at 4286-4290-4322. We will be back in mid afternoon for trading calls and more market insight.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Wednesday, June 27, 2007
There is something negative about this market. the pullbacks are not of very strong hands.
Free Intra day tips :
Buy Jubilant Organosys 318-320. Stop Loss 315. Target 1 330. Target 2 370.
Sell Reliance Futures 1712-1714. Stop Loss 1719.5. Target1 1700. Traget2 1690.
Sell Sail Futures 132-132.5. Stop Loss 133.5. Target1 130. Target2 128.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Free Intra day tips :
Buy Jubilant Organosys 318-320. Stop Loss 315. Target 1 330. Target 2 370.
Sell Reliance Futures 1712-1714. Stop Loss 1719.5. Target1 1700. Traget2 1690.
Sell Sail Futures 132-132.5. Stop Loss 133.5. Target1 130. Target2 128.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Undertone Negative !
The US markets were clueless as for a second straight session stocks failed to hold on to modest intraday gains after a sizable sell-off last week. Not even a handful of encouraging developments tied to the lingering sub prime situation were enough to give the market a sustained boost.Nonetheless, the recent shift in market sentiment viewed the latest attempt by the market to bounce back as another selling opportunity. The Asian Indices are trading in the red.
Indian Markets may see Positive Bias as the June series comes to an end , but unless Nifty closes above 4325 for two consecutive sessions the market would remain negative.
Will be back with more stock specific news and tips .
Yesterday as the markets were a bit range bound , we gave tips to our clients only.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Indian Markets may see Positive Bias as the June series comes to an end , but unless Nifty closes above 4325 for two consecutive sessions the market would remain negative.
Will be back with more stock specific news and tips .
Yesterday as the markets were a bit range bound , we gave tips to our clients only.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Tuesday, June 26, 2007
Markets Bearish!
The markets seem bearish with a 4180 downside.It might move upwards on the opening bell and sustain too but caution is the STOCK for the day. better to wait for some correction.
Will be back at 12:30 for free tips and more insight.
Will be back at 12:30 for free tips and more insight.
Markets heading downwards !
The markets were choppy to say the least and in the short term that is going to give way to more directional call.Our sense is that if we break 4180 levels than we are heading towards 4100. With FII's again being net sellers in Nifty futures and put call ratio rising and open interest at its peak , that looks a distinct possibility.On the other hand , short squeeze can take this market to 4310 levels but that looks quite a remote possibility.
Here are the F&O cues :
Futures Open Interest up by Rs 1,211 crore (Rs 12.11 billion); Options Open Interest up Rs 806 crore (Rs 8.06 billion)
Marketwide rollover at 31.6%; Nifty rollover at 26.27%
Nifty Futures add 10 lakh shares in total Open Interest
Nifty Open Interest Put-Call ratio unchanged at 1.41
Nifty Calls add 6.7 lakh shares in Open Interest
Nifty Puts add 9.8 lakh shares in Open Interest
Nifty July 4200 Puts add 4.47 lakh shares in Open Interest
Nifty July 4150 Puts add 2.63 lakh shares in Open Interest
Nifty July 4350 Calls add 3 lakh shares in Open Interest
Nifty 4200 Put sheds 2.28 lakh shares in Open Interest
Nifty 4250 Puts add 2.2 lakh shares in Open Interest
We will back with our free intra day tips and more insight soon.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Here are the F&O cues :
Futures Open Interest up by Rs 1,211 crore (Rs 12.11 billion); Options Open Interest up Rs 806 crore (Rs 8.06 billion)
Marketwide rollover at 31.6%; Nifty rollover at 26.27%
Nifty Futures add 10 lakh shares in total Open Interest
Nifty Open Interest Put-Call ratio unchanged at 1.41
Nifty Calls add 6.7 lakh shares in Open Interest
Nifty Puts add 9.8 lakh shares in Open Interest
Nifty July 4200 Puts add 4.47 lakh shares in Open Interest
Nifty July 4150 Puts add 2.63 lakh shares in Open Interest
Nifty July 4350 Calls add 3 lakh shares in Open Interest
Nifty 4200 Put sheds 2.28 lakh shares in Open Interest
Nifty 4250 Puts add 2.2 lakh shares in Open Interest
We will back with our free intra day tips and more insight soon.
Adhere to strict stop Losses in order to safeguard your interests.For more stock specific buy and sell , subscribe to out free newsletter or join our paid service.
Monday, June 25, 2007
Rangebound Markets !
The markets were range bound and volatile. We will be back with more analysis as soon as the F&O data is out. No Free trading calls today given today.
Global Cues unclear!
Once again , the US markets are deep down in the red , The Asian peers are recovering and into the green , the European are not sure what the other markets are up to and we in India are facing the rollover and start of earnings season. Volatility in the world markets has become a norm rather than in our markets only.Plenty of reasons to be vary about but the best way to beat all in intra day trading is wait till the intial riot is over.
So that's all folks ! We will be back in the afternoon.
So that's all folks ! We will be back in the afternoon.
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