01-07-13 MARKET:

MARKET TREND:
Friday Market has given overall Technical Pull-back by opening higher volatility. Since directional Indicator has to establish, we have to treat this as News based/Temporary Pull back only.  Nifty range has been increased to 5600 - 6000 level.  Upper level will be Key to establish market direction.

NIFTY SPOT LEVELS:
Pivot: 5814
Support: 5776/5711/5673
Resistance: 5880/5918/5984

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
PRAJIND EQ: BUY > 38 TRG 39-39.50 SL 37.50
KALYANI STEEL EQ: BUY > 36.50 TRG 40 SL 35
IDFC EQ: BUY > 128 TRG 130-132 SL 126

28-06-13 MARKET:

MARKET TREND:

Yesterday Market has taken Short Coverage along with Fresh Buying, based on News and Value Buying.  Market may get some more upside till 5730/5780.  Since Qrt. results are in sight, and most of the strips has been over corrected (like SBI), Value Buy may be continue. This will lead to range bound market. In the same way, Every step of Govt. which take care of CAD and Corporate s' Quarterly Results will influence the market and may increase volatility. Presently New series Nifty range is between 5600-5800.

NIFTY SPOT LEVELS:
Pivot: 5670
Resistance: 5710/5740/5780
Support: 5640/5605/5575

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
Reliance EQ: Buy > 827 Trg. 839 SL 818
Godrej Ind. EQ: Buy > 303 Trg. 309 SL 298
Talwaker EQ: Buy > 126.50 Trg. 129 SL  125

27-06-13 MARKET

MARKET TREND:
Yesterday Market has been accumulated shorts and may be open positive with possible short coverage, due to derivative settlement date.  5680 can act as resistance.  Market close at 5600 level for this series. Govt. initiation could not hold Rs. depreciation, due to world market influence.  Govt. will be forced to increase petrol price with out any mercy.

NIFTY SPOT LEVELS:
Pivot: 5601
Resistance: 5623/5657/5679
Support: 5567/5545/5511

NIFTY FnO BAN: PUNJ LLOYD

STOCKS FOR DAY:
TAJGVK EQ: BUY > 59.50 TRG 61 SL 58.50
JAY BHARAT MARUTI EQ: BUY > 41.20 TRG 42.80 SL 40.40
JUBLFOOD EQ: BUY > 1007 TRG 1024 SL 995

26-06-13 MARKET:

MARKET TREND:

As we mentioned in our TWITTER (roaringstocks) VIX breakout opened for higher volatility in Nifty.  Traders are acting in line with market nature.  Before the settlement the same trend may be expected.  Still Nifty range is between 5500-5700.  Unless Nifty Spot closes below 5480, we should not go for fresh shorts.   In this market situation Positional Traders (net worth traders) will have higher edge over Day Traders.  

NIFTY SPOT LEVELS:
Pivot: 5615
Resistance: 5660/5711/5756
Support: 5564/5519/5468

NIFTY FnO BAN: HDIL, PUNJLLOYD

STOCKS FOR DAY:
BHARATI AIRTEL EQ: BUY > 291 TRG 302 SL 284
TATA SPONGE EQ: BUY > 281 TRG 286 SL 277
BF INVEST EQ: BUY > 41 TRG 43 SL 40

25-06-13 MARKET

MARKET TREND:

Market sentiment become very weak, Throughout the World, all class of Assets are in correction mode, against to the USD value and Currency Flows. Since Individual Corporate Performance is not the criteria and investors are rushing up only for Liquid Cash Indices Technical Values are cutting down and creating panic to Traders.   Our Nifty may get support at 5500 level, as it is Head a Shoulder Formation (weekly) going to complete.  If it breaks (5480 on closing basis) market can go further down.

NIFTY SPOT LEVELS:
Pivot: 5599
Resistance: 5631/5673/5705
Support: 5558/5525/5484

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
NO TECHNICAL/FUNDAMENTALS ARE WORKING, DUE TO NEWS DRIVEN OR PEER INFLUENCES. BETTER TO PLAY ONLY ON MOVEMENT, WITH STRICT SL.

24-06-13 MARKET:

MARKET TREND:

Friday market has been witnessed some short coverage and value buying on New Base.   But most of the mid-cap strips under pressure (mostly margin), which result the market weak breadth.   As market strength is weak and market is correction mode only, we may witness sell at highs.  Since the present market range is . between 5600 - 5800, market may get support at 5620 level for the day and resistance could be 5660/5700 level.    As our Govt is announcing corrective regulations we can see specific sector stocks like Real Estate, which is already in oversold position may get support.

NIFTY SPOT LEVELS:
Pivot: 5657
Resistance: 5697/5726/5766
Support: 5627/5587/5558

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
ADANIPORT EQ: BUY > 150 TRG 153 SL 148
TECH MAH EQ: BUY > 995 TRG 1006 SL 980
APOLLO TYRES EQ: BUY > 58 TRG 61.5 SL 53.75

21-06-13 MARKET

MARKET TREND:
Yesterday Investors panic forced to break the market levels to 5600-5800.  This panic happened for not only for our Indian Market to all the World Indices across Equity, Debit, Gold and other Most of Commodities. Since market was in Red from last 5 weeks after the Green in for 5 weeks and also lots of money was from the system, Value Buying and Short coverage can be witnessed in this week end day.  5620/5640 can act as support and may close Flat with positive bias.

Sorry for not able to give other inputs as our daily practice.

20-06-13 MARKET:

MARKET TREND:
Market may open with negative bias and likely to get support @ 5730/5740.  Since traders waiting is over for FED meeting, participation may be increase along with volatility.

NIFTY SPOT LEVELS:
Pivot: 5810
Support: 5790/5760/5740
Resistance: 5841/5860/5892

NIFTY FnO BAN: nil

STOCKS FOR DAY:
CCL PRO EQ: BUY > 301 TRG 306 SL 295
TECH MAH EQ: BUY > 1030 TRG 1084 SL 986

19-06-13 MARKET:

NIFTY SPOT LEVELS:
Pivot: 5827
Support: 5790/5768/5730
Resistance:5850/5886/5909

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
Lovable Eq: Buy > 282 Trg 287 SL 275
Bajaj Auto Eq: Buy > 1815 Trg 1851 SL 1791

18-06-13 MARKET:

MARKET TREND:

Yesterday RBI taken move as per its Fundamentals.  Market has not cared and traders have taken advantage of Oversold Situation.   FIIs and many Institutional players are not active, in view of FED announcement to give the volume break to the Market.  Unless market closes > 5880/5900 level short term up trend can't be sustain.  Today market may open flat and move positive within range of 5800-5900.

NIFTY SPOT LEVELS:
Pivot: 5825
Resistance: 5880/5010/5965
Support: 5795/5740/5710

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
CAPITALFIRST EQ: BUY > 162 TRG 166 SL 158
AJMERA EQ : BUY > 86 TRG 90 SL 83.50
LICSHOUS EQ: BUY > 267 TRG 271 SL 264
IDEA EQ: BUY > 138 TRG 141.50 SL 136
GMRINFRA EQ : BUY > 20 TRG 21.50 SL 19.50

17-06-13 MARKET:

MARKET TREND:

Friday market looks blossom, but under the water current is not encouraging to enjoy the fragrance.  FIIs are in sell side in Equity and long in Derivative Market.  Due to beta stocks participation, market breadth has been turned positive and closed in Green. As our market is purely depend upon cash flows, all other points are acting as temporary and short lived.  Since, RBI rate cut up to 0.25% was discounted by the market, we may witness sell at highs.  If market opens above 5800 and Rate cut goes > 0.25%  market may closes in Green.  Short term traders can buy at 5750 level with SL 5700 and watch for 5870 to book profits. Shorts are not advisable for a day in view of Policy matter and Petrol hike. 

NIFTY SPOT LEVELS:

Pivot : 5789
Resistance: 5839/5869/5920
Support: 5758/5709/5678

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
TATA CHEM EQ : BUY > 300 TRG 306 SL 297
DEWAN HOUSING EQ: BUY > 167.50 TRG 170 SL 166
DIVIS EQ: BUY > 967 TRG 974 SL 963
GSPL EQ : BUY > 54.5 TRG 56 SL 53
IBREAL EQ: BUY > 68 TRG 70-71 SL 66.50

14-06-13 MARKET:

MARKET TREND:

Market will grow depend upon Investors confidence on Economy/Corporates (industrial) Prospectors,Value of Market and Competitive Advantages. Most of our Indian Investors are not bothered above all these. They are happy with investment in Solid Assets (gold, silver & land) than these Liquid Assets. Obviously Govt started pleasing  FIIs and Rating Agencies to improve the Fiscal Balance of the Country.   In this way only Yesterday our FM speech went on.  Even cabinet has postponed Food Security Bill (Congress Dream Scheme) and also Oil Ministry has hinted about Gas Price Increase. Through these actions they want to give the feeling to FIIs as we are cautious about Govt. Spending. Since some of FIIs money was parked at our borders, Govt. started releasing feelers.  If they yield, good amount of USD can see in our INFLOWS and ultimately our market also gets support.  We see 5550-5600 as support in short term.  For day 5650-5680 could be support after the market get resistance @ 5725-5750.

NIFTY SPOT LEVELS:
Pivot: 5704
Resistance: 5725/5750/5770
Support: 5678/5657/5631

NIFTY FnO BAN: HDIL

STOCKS FOR DAY: (SOME MORE SHORT COVERING)
IDEA EQ BUY > 134 TRG 136-137 SL 132
BHARTI EQ: BUY > 284 TRG 282 SL 279
DISH TV EQ: BUY > 62 TRG 64 SL 61

13-06-13 MARKET:

MARKET TREND:
Yesterday market witnessed FIIs selling, Short coverage and Bottom Fishing of Beta Socks.  On the whole range bound volatility.   Ahead of RBI credit policy, Oversold market situation, going for short not advisable.  With expectation of Int. Rate Decrease (RBI may support to Fin. Dep. as part of of package for Funds In-flows) Fitch.s Better Rating may be helpful to sustain the Nifty at present level.  With 5680 - 5720 SL can go long.  Once market crosses 5820-30 level short term uptrend can continue to the level of 5950-6000.

NIFTY SPOT LEVELS:
Pivot: 5764
Support: 5735/5710/5681
Resistance: 5789/5818/5844

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
IDEA EQ : BUY > 133 TRG 136 SL 131
LUPIN EQ: BUY > 767 TRG 778 SL 760
APOLLO TYRES EQ: BUY > 91 TRG 93.50 SL 89
SUNTV EQ: SELL < 399 TRG 379 SL 420
IFCI EQ: SELL < 23.7.75 TRG 21.75 SL 24.75

12-06-13 MARKET:

MARKET TREND:

Yesterday market has given away 200 DMA also and put the market in oversold.  Oversold has taken place, due to losing the breadth through midcap and smallcap stocks.  Still some steam left over in Nifty stocks, which may take away today.  Market may open flat and play range bound till CPI & IIP data releases.  Since both CPI & IIP data expecting negatively (marginally) market may go for correction and get support at 5720 level through short coverages.  As rupee value corrective steps initiated by RBI and USD data is not encouraging, our TECH stocks may witness correction.  

NIFTY SPOT LEVELS:
Pivot: 5812
Resistance: 5844/5900/5932
Support: 5757/5724/5669

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
KNR CONSTRUCTIONS EQ: BUY > 76.50 TRG 83 SL 72 (LOW VOLUME TRADED)
TECH MAH EQ: SELL <  990 TRG 956-935 SL 1010
TCS EQ : SELL < 1510 TRG 1480 SL 1530

11-06-13 MARKET:

MARKET TREND:

Yesterday market has witnessed short coverage.  FIIs are Long in Options Market.  Since revenues are very high in calculation of USD, USD strength,  Many News regarding India's Microfinance, RBI credit policy, Industrial Data and Rating of Banks etc FIIs might be cautious in their Equity Investment. Since OI support is  sliding from 5900 to 5800 also, indicate increased volatility of Nifty with negative bias.   Traders may go for short at higher levels, till Nifty closes above 6000 level.

NIFTY SPOT LEVELS:
Pivot: 5889
Resistance: 5920/5963/5995
Support: 5846/5815/5772

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
ITC EQ : BUY>  326 TRG 328-340 SL 324
HAVELLS EQ : BUY > 710 TRG 721-730 SL 701
NMDC EQ: BUY > 116 TRG 117-118 SL 115
GAIL (ONLY ON NEWS BASE WITH STRICT SL)

10-06-13 MARKET:

MARKET TREND:
Friday Nifty has given away the support of 50 DMA and open for more volatility.  Even market has been closed below 5900 OI was in tact and we can see short covering in morning session and fresh shorts at high. Since this week's economic data and monsoon news are key drivers for the market, traders should follow SL strictly.   As rupee is 57 level and RBI will be forced to intervene in managing cash flows, Hedge Funds trades (bulk deals) may break the specific strips levels.  Nifty resistance likely to continue @ 5960 level and unless market closes above 6000, Bulls will not have grip on market.

NIFTY SPOT LEVELS:
Pivot: 5908
Resistance: 5945/6010/6047
Support: 5844/5806/5742

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
TATA GLOBAL EQ: BUY > 150 TRG 152-154 SL 147
NBCC EQ: BUY > 142 TRG 149 SL 135
THINKSOFT EQ: SELL < 69.25 TRG 68 SL 70
PUNJLLOYD EQ: SELL < 43.50 TRG 42 SL 44.25

07-06-13 MARKET:

MARKET TREND:
As we mentioned market volatility continued with in range.  Market taking support of 50DMA and waiting to break.  Yesterday FII are in long side by adding Index Options and Selective Equities. Today market may start flat and go for correction from higher side.  5960 level can go for short with SL 6000.

NIFTY SPOT LEVELS:
Pivot:: 5916
Support: 5876/5828/5788
Resistance: 5962/6003/6049

NIFTY FnO BAN: HDIL

STOCKS FOR DAY: 
GODREJIND EQ: BUY > 304 TRG 308 SL 300
APOLLO TYRES EQ: BUY > 92.50 TRG 94.50 SL 91
ARVIND LTD EQ: BUY > 84 TRG 89 SL 81
JUBILANT FOOD EQ: SELL < 1086 TRG 1070 SL 1097

06-06-13 MARKET:

MARKET TREND:
Market volatility has been continued  yesterday also, without adding any money into the business.  FIIs are in selling side, but markets total breadth has been increased.  This all indicate the market volatility will continue. Since market range in tact between 5900-6200 with decreased OI, market will go for selling at higher level. With 6000 Sl traders can go short.

NIFTY SPOT LEVELS:
Pivot : 5914
Resistance: 5945/5966/5998
Support:: 5890/5860/5840

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
ADANI PORT EQ: SELL < 153 TRG 151.5/148 SL 157
RCF EQ: BUY 40.65 TRG 41.65/42.40 SL 40
SUNTV EQ: BUY 432 TRG 439 SL 427
APOLLO TYRES EQ: BUY > 90.75 TRG 93 SL 90
LIC HOUSING EQ: BUY > 265 TRG 270 SL 261.50
TATA GLOBAL EQ: BUY > 150.50 TRG 152 SL 149

05-06-13 MARKET:

MARKET TREND:

Market taking sluggish move and playing range bound.  So far respecting 5900 (OI support area).  Once 5900 broken Bears will have upper hand. Even though market is in correction, junior nifty breadth is in positive, which indicates, bottom fishing is taking place.   Infra Bill (which is in workout stage so far) has been approved by Cabinet and market may be react negatively to this sector. Pl note it has been discounted, as it is pending issue.  Positional Investors can do Value buy in this sector.

NIFTY SPOT LEVELS:
Pivot: 5937
Resistance: 5964/6008/6035
Support: 5893/5866/5821

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
TITAN EQ: SELL < 284 TRG 277 SL 289
CESC EQ: SELL < 331 TRG 326 SL 334
NFL EQ: BUY > 44 TRG 45 SL 43.50
LIBERTY SHOES EQ: BUY > 93 TRG 99 SL 89

04-06-13 MARKET:

MARKET TREND:

Market has taken correction to the level of 5920, where the Nifty has got support.  FIIs selling of Index Futures and increase of Equity Breadth,  indicates market will be under pressure and open for higher volatility.  Since OI positions are in range between 5900-6200 and market at lower band, market may be close flat after taking support at 5880/5900. 

NIFTY SPOT LEVELS:
Pivot: 5956
Resistance: 5995/6050/6089
Support: 5900/5860/5805

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
TATAGLOBAL EQ: BUY > 146.60 TRG 149 SL 144.75
OMNITECH EQ: BUY > 123 TRG 127 SL 118
GMDC EQ : BUY > 142 TRG 147 SL 137