Friday, July 20, 2007

 

Fresh Buying !

The markets had a great run yesterday. There were indications of fresh buying which in fact is a good sign.Still there is room for caution and buying should only be done when some corrective dips happen.Investors long on our calls in the technology sectors can exit their positions in the afternoon session as they are sitting on heavy profits.The F&O cues were positive yesterday with some fresh buying.The market is definitely overbought but they tend to persist in those overbought conditions.

Hot Tip of the day:
Buy Karnataka Bank 194-195.5 . Stop Loss 187. Target1 207. Target2 220.

We will be back by mid trading session for free intra day tips 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.

Thursday, July 19, 2007

 

Once again Bears Trapped!

Volatility is at its peak in the markets now.We don't need major falls or rises to change a stock's lifeline. Stock specific crashes and bull runs are happening every day now.Today is a crucial day with plenty of important results coming out . They will definitely add to the sentiments of the markets. The US markets were in deep red but recovered in late trade .The Asian indices are a mixed bag with majority in the green.The F&O trades yesterday give a negative indication.
Stay away at least for the first couple of hours of trade.

We will be back by mid trading session for free intra day tips 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, July 18, 2007

 

Markets getting fatigued !

The Indian markets failed to capitalize on the earlier momentum in the day with some sharp selling in sectors like metals , capital goods and autos.So where do we go from here?Our impression is that liquidity is still ample in the system even though the markets appear jaded for the end of the July series.There is still a lot of money to be made in the markets as its a market based on a typical venture capitalist's fundamentals " High Risks yield High Returns". Our Upper target for the July series for Nifty is 4585.

The US markets ended in the green while the Asian Indices are trading in the red. Its a mixed Cue scenario. The F&O Cues are fine with the only negative factor being the high open Interest in the markets.


Free Tips for Today!
Sell SAIL 154-155. Stop Loss 158.20. Target1 148.5. Target2 144.25.
Buy ONGC Futures 892-895. Stop Loss 878. Target1 912. Target2 940.

We will be back by mid trading session for free intra day tips 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.

Tuesday, July 17, 2007

 

Selective Buying would be the Mantra!

The Indian Bourses are surprising one and all.The resilience the markets are showing to the new highs is commendable and a tribute to the growing Indian economy. But as investors we should always be on our feet and ready for any eventuality.

MANTRA FOR TODAY :
Buy not only on fundamentals but also with the flow of the market.

The Indian markets would again be range bound even though the global cues are positive.Its not a time to short the market. Also long positions need some break out levels.FII's and Mutual Funds are presently taking the bears for a ride. Every day we see bear traps in select stocks.So Trade with strict stop losses and don't jump into trades without the technical levels in mind.

IT stocks could surge as TCS posted results beyond the street expectations.

F&O Cues :
Futures Open Interest up by Rs 2,333 crore.
Huge Stock Futures build up in financial sector.
Nifty July adds 5.3 lakh in Open Interest.
Nifty Aug adds 3.5 lakh shares in Open Interest.
Nifty July at 15-point discount, Aug at 29-pt discount.
Nifty Open Interest Put-Call ratio down marginally at 1.61.

The F&O don't give much insight besides the fact that volatility and liquidity are abundant in the markets.

Free Tips for today :
Buy Sterlite Ind Futures 665-667. Stop Loss 650. Target1 683. Target2 701.
Buy UTV software 543-545 . Stop Loss 532. Target1 571. Target2 590.
Buy ONGC Futures 892-895. Stop Loss 878. Target1 912. Target2 940.

We will be back by mid trading session for free intra day tips 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.

Monday, July 16, 2007

 

Markets Upbeat!

The markets ended on a flat note as we predicted.Our Target1 for Sterlite Industries was met within half an hour of today's trade and our on call on Orient paper zoomed. We are still advocating a long in Sterlite Industries for a Target of 701.

Investors who kept faith in our TCS And Infosys calls will reap great rewards.

We will be back in the morning for free intra day tips 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.

 

Bears Trapped !

NIFTY TARGET ACHIEVED IN 3 Days !
Back from Our Long weekend holiday to again give our investors the trading edge in these edgy markets.
The Indian Markets are looking strong if you look at the key Indices although the broader picture is not that rosy.So where do we go from here?. We are in uncharted waters so one has to be a bit cautious as well as market savvy. The F&O cues are good.Our feel is that its going to be a range bound trading day with a positive bias.Global cues have been great with metals hardening the bullish trends.

F&O Cues :

FIIs net buy USD 171.6 mn in equity on July 12
MFs net buy Rs 124.3 crore (Rs 1.24 billion) on July 12
NSE F&O Open Interest up by Rs 1,667 crore (Rs 16.67 billion) at Rs 81,241 crore (Rs 812.41 billion)


The support for the Nifty is at 4446 and the resistance is at 4544.

HOT TIP FOR THE DAY:
Buy Sterlite Ind futures 665-667. Stop Loss 650. Target1 682.5. Target2 701.

We will be back by mid trading session for free intra day tips 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.

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