01-08-13 MARKET"

MARKET TREND:

Yesterday market has witnessed bottom fishing and selective stocks have been picked.   Due to the oversold situation and Nifty's Technical support, Bank Stocks have been come for short coverage.  Since Derivative range has not been changed, yesterday bottom will be critical to hold the market for time being.   Today market may open with positive bias, by following peer market and like to be in green as most of Europe Economy data is going to positive.  As the  Positional Traders are likely to shift their holding status, selective strips may be more volatile and advise to play with strict SL.

Day traders can go long Nifty with stop loss 5720/5680.

NIFTY SPOT LEVELS:
Pivot: 5723
Resistance: 5771/5800/5847
Support: 5694/5647/5618

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
ABAN EQ: BUY > 240 TRG 280 SL 215
MnM EQ: BUY907 TRG 922 SL 896
BATA EQ: BUY >  952 TRG 983 SL 931
TATA GLOBAL EQ: BUY > 157 TRG 163 SL 154

31-07-13 MARKET:

MARKET TREND:

As we informed yesterday market has taken support at 5750.  But for nifty 5750 is crucial to sustain or consolidate the market at this level.   If it broken and closes below 5750 market may witness correction upto 55500 level.  Market range is shrinking to 5700-6000 levels.  Fom last 2 days IT index only is in plus even though it is overbought status.  

NIFTY SPOT LEVELS:
Pivot: 5788
Resistance: 5828/5902/5943
Support: 5715/5674/5600

NIIFTY FnO BAN: NIL

STOCKS FOR DAY:
BLISSGVS PHARMA EQ: BUY > 31.65 TRG 32.25 SL 31.15
APOLLOTYRES EQ: BUY > 67.15 TRG 68-68.80 SL 66
VLS FINANCE EQ: BUY > 9.40 TRG 9.8-10.35 SL 8.80
CIPLA EQ: SELL < 410 TRG 405 SL 413

30-07-13 MARKET:

MARKET TREND:

Before the day of RBI policy, market volumes have run very low.  As abroad data is very poor market also has been got correction with low volumes.   Market may get correct up to 5750 (gap up started on 1, july) level and get support in a day or two.   Till this level touches, market may play volatile and sell at highs.   To day RBI may not give much boost to market, and their measures will be more focused on inflation control, bank nifty may face more volatility. Bank Nifty may get support at lows (due to oversold situation) in order to cover shorts.  Since market technical are very weak, general traders will be away from the market and Professional Traders/FIIs (positional traders) may buy value stocks, to advantage of market sentiment.

 

NIFTY SPOT LEVELS:
Pivot: 5848
Resistance: 5870/5910/5930
Support: 5810/5787/5749

NIFTY FnO BAN: NIL


STOCKS FOR DAY:
CLUCH AUTO EQ: BUY > 16.25 TRG 18.45 SL 14.75
NATCOPHARMA EQ: BUY > 569 TRG 575-610 SL 547
RPOWER EQ: SELL < 75.5 TRG 73.50 SL 77
GENESYSINT EQ: SELL < 89.50 TRG 88.5 SL 91

29-07-13 MARKET:

MARKET TREND:
FRIDAY MARKET HAS GIVEN AWAY AS IT SUPPOSE TO BE ON WEEK END.   BUT FIIs ARE IN LONG AND TODAY MARKET LIKELY TO OPEN FLAT AND GET SUPPORT @ 59OO AND RESISTANCE MAY BE AROUND 5960.

NIFTY SPOT LEVELS:
Pivot: 5900
Resistance: 5930/5975/6005
Support: 5855/5825/5780

NIFTY FnO BAN:NIL

STOCKS FOR DAY:
DELTA CORP EQ: BUY > 52.8 TRG 58 SL 49.50
KOLTE PATIL EQ: SELL < 71.25 TRG 66 SL 76
ARVIND EQ: BUY > 79 TRG 81.5 SL 77
BIOCON EQ : BUY > 316 TRG 319-329 SL 310
PFC EQ: SELL < 122 TRG 118.5 SL 125

26-07-13 MARKET

MARKET TREND:
Yesterday market closed as it suppose to be on Derivatives Settlement Day.   Even though IT & Auto Sector is in plus, could not carry the Nifty to Upside.  Since Nifty at 50 Day SMA, today market may open Flat and move with in range of 5880 to 5970/5980.   As most of the Large Cap Qtr. results are over, and Mid cap and small cap stocks may move as per its Qtr results.

NIFTY SPOT LEVELS:
Pivot: 5932
Resistance: 5967/6025/6061
Support: 5872/5837/5778

NIFTY FnO BAN: NIL

STOCKS FOR THE DAY:
APOLLO TYRES EQ: BUY > 68.25 TRG 70.75-71.00 SL 66.25
ZEE LEARN EQ : BUY > 18 TRG 18.5-19.00 SL 17.50
ZEE ENT EQ: BUY > 252 TRG 270 SL 241
CLUTCH AUTO EQ: BUY > 14.50 TRG 16.75 SL 13.25
HAVELLS EQ : BUY > 759 TRG 771 - 778 SL 752
 

25-07-13 MARKET:

MARKET TREND:

As we referring earlier, Traders are Selling at Good News and Buying at Bad News.   Punishing Bad performers without any Mercy.   In same lines, Bank Nifty has been got corrected and taken the Nifty to Negative.  Today FnO Derivatives settlements is expecting between 5900-5950 and today's US Data is expecting Negative, market may continue its volatility between 5900 -6040.   Today market may open with negative bias and yesterdays low and Nifty closing, will be critical to give short term trend to Nifty.

NIFTY SPOT LEVELS:
Pivot: 6000
Resistance: 6038/6085/6122
Support:: 5953/5915/5868

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
Polaris Fin EQ: SELL < 113 TRG 109 SL 115
REC Ltd EQ: SELL < 187.50 TRG 179 SL 192.5
ABG Ship Yard EQ: BUY > 273 TRG 278 SL 267
Shanti Gears EQ: BUY > 49.75 TRG 50.75 SL 49.25

24-07-13 MARKET:

MARKET TREND:

From last one month (except 2 days), market daily opening other side (open lows or open highs) of the market closing.  Even today also, same story can repeat and recover from lows.  Market may get support at 6045/6050 level.  Day traders can go long  with SL 6030.  Since, RBI's liquify measures may give negative sentiment to Bank Nifty stocks and go for correction. 

NIFTY SPOT LEVELS:
Pivot: 6077
Resistance: 6094/6110/6125
Support: 6062/6045/6030

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
SRTRANSFIN EQ: BUY > 670 TRG 686 SL 656
ELNET EQ: BUY > 29 TRG 31 SL 28
THINKSOFT EQ: BUY > 88 TRG 90 SL 87
RELIANCE EQ: BUY > 902 TRG 920 SL 896

23-07-13 MARKET

MARKET TREND:

Market is playing very tricky.  These are Positional Traders and Value Buyers' Days.   When ever specific Indices are in minus, Value Stocks are getting Picked and Selling when ever some good news or particular Indice is in Plus.  For Example, yesterday Reality & Infra Indices are in Minus, but Beta Stock like DLF is in Plus.  Pharma Indice is in  Negative, but Sunpharma is Plus.  If we observe closely, this is happening.   That is reason, from last one week, we are suggesting only Positional Trades.  If we observe Technical Indicators, Cash Flow indicators are Negative, Movement Indicators are in Positive.  Derivatives  range has been increased to 6100.

Today, market may open high and invite volatility in line with Peer Market and Active Roll Overs. Nifty traders can go short @ 6100 level with 6120 SL.

NIFTY SPOT LEVELS:
Pivot: 6033
Resistance: 6062/6093/6122
Support: 6002/5974/5942

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
ESSDEE EQ: BUY> 533 TRG 552 SL 519
DLF EQ: BUY > 169 TRG 172.5 SL 166
PRATIBHA IND EQ: BUY > 21 TRG 22..5-26.00 SL 20
RELIANCE CAP EQ: BUY > 371 TRG 386 SL 361

22-07-13 MARKET:

MARKET TREND"

Due to selective stocks picks, Market is challenging technical advisers.  RSI is in negative divergence, Open Interest base range has increased to 5900 from 5800 PE.  Trend indicators are positive by giving Cash Flows in Statistic condition.  In this conditions, traders should play only positional to and selective strips with strict Stop Loss. 

To day market may open flat with positive bias and move as per peer market.  At 6060 level can go short with 6085 SL.

NIFTY SPOT LEVELS:
Pivot: 6039
Resistance: 6057/6085/6103
Support: 6010/6952/5964

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
HANUG TOYS EQ: BUY > 76.5 TRG 79 SL 74
BAJAJ AUTO EQ: BUY > 1937 TRG 2015 SL 1889
TECHMAH EQ: BUY > 1125 TRG 1147 SL 1107

19-07-13 MARKET:

MARKET TREND:

Yesterday market has moved above than technical values by surprising most of the technical advisers. Trend is in upbeat, even though RSI has Negative Divergence and Derivatives open interest range has not yet broken 6000.   Since, FMGC stocks are in over bough stage, on rotation other Index stocks are moving based on news and qtr. results.   In this situation better to continue Positional Trades than Day trades.

As market is in steam, some more up side can witness in the morning session and yesterday highs may act as resistance.  In case market closes today also above the 6020/6030 level, better to cover the shorts.

 

NIFTY SPOT LEVELS:
Pivot: 6021
Resistance: 6068/6097/6144
Support: 5991/5944/5915
 
NIFTY FnO BAN: NIL

STOCKS FOR DAY:
POLARIS EQ: BUY > 121 TRG 125 SL 118
LUPIN EQ: BUY > 891 TRG 903 SL 877
ADANI PORTS EQ: > 148 TRG 151 SL 148

18-07-13 MARKET

MARKET TREND:

As we referred  in our yesterday report, FMGC stocks are lime lite.   As Govt. agencies like RBI is trying to give necessary support (like support to Mutural Funds & Interest rates) to Rupee and FM/PM office trying to bring give CHOPS to Economy to increase productivity and cash flows, FIIs and FDIs may be give PAUSE to their cash activity.   This act may be force the market to range bound trades, and adjustment of portfolios, which may lead to stock specific action.   Since most of the FMGC stocks are in over bought zone, at every good news (qtr results announcement) traders may try to book profit.

Today market may open flat with positive note and move along with peer markets.  Today major private banks like Kotak, Axis and IDBI results are in line and Bank Nifty has been corrected, gates may open for more volatility in this Index.   Since, US job data indicating positive note, Europe markets may be slowly turn to positive and our market also may follow the suit.  Traders can short at highs at 6000 level with stop loss of 6020/6025.

NIFTY SPOT LEVELS:
Pivot: 5963
Resitance: 6000/6026/6063
Support: 5937/5900/5874

NIFTY FnO BAN: NIL

STOCKS FOR DAY: (may caution at higher prices)
SHASUNPHARMA EQ: BUY > 71.50 TRG 75.50/78.50 SL 69
CHAMBAL EQ : BUY > 38.5 TRG 40 SL 37.5
DABUR EQ: BUY > 164 TRG 168 SL 161
IGL EQ: BUY > 304 TRG 317 SL 296
BATA EQ: BUY > 922 TRG 938 SL 908

17-07-13 MARKET:

MARKET TREND:

As our Traders and Investors have become sensitive to market (low confidence), yesterday market was over reacted.   But FIIs are in long in Derivative section.   But value buy has taken place in FMGC and other defensive stocks.  Surprisingly Open Interest range has been increased from 5600 to 5800, even though upper range of 6000 has not been changed.   Yesterdays Nifty high is critical to break the range of 6000.  If it is break and close above 6000, market may get short term upper range. If it is not broken, market may be range bound for shorter period. Govt. structural (FDI) announcements may boost FIIs sentiment and take advantage of market.

NIFTY SPOT LEVELS:
Pivot: 5944
Resistance: 5977/5999/6032
Support: 5922/5889/5867

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
BIOCON EQ: BUY > 301 TRG 312 SL 295
RELIANCE EQ: BUY > 896 TRG 909 SL 887.5
IDEA EQ: BUY > 156 TRG 161 SL 152.75
EXIDE EQ : BUY > 120 TRG 129 SL 115

15-07-13 MARKET:

MARKET TREND:

Friday market is Muscles Show of  Nifty Gaints by leaving FMGC and reality Beta stocks.   But total volumes are not convincing the break of 5600-6000 range.   As we expected 6020 has given resistance, but closed at respective levels.   In view of Qrt. results FIIs are more with Specific Stocks than Nifty Indices. Market may wait for WPI data and may play range bound with positive bias.  Nifty may get resistance @ 6035.

NIFTY SPOT LEVELS:
Pivot:5993
Resistance: 6035/6060/6102
Support: 5967/5925/5900

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
IGL EQ: BUY > 287.50 TRG 294 SL 282
THINK SOFT EQ: BUY > 83 TRG  85.50 SL 80
RELIANCE EQ: BUY > 885 TRG  900 SL 874
TREE HOUSE EQ: BUY > 280 TRG 285 SL 276 

12-07-13 MARKET

TREND MARKET:

Yesterday market has given technical break (sub-range of 5750-5900), But we have to see today's' market, whether it will give breakout or not.  Since yesterdays volumes and open interest data are not convincing, we should not take as positive turn of the market.  If market closes above 6020, we can hope for short term uptrend.  

Today market may open with positive bias and move in line with Peer markets (presently Flat running).  Infosys results may not be helpful to break the market as many factors have been neutralized.

NIFTY SPOT  LEVELS:
Pivot: 5924
Resistance: 5960/5985/6021
Support: 5899/5863/5838

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
HINDALCO EQ: BUY > 102.75 TRG 104.75 SL 100
STERLITE EQ: BUY > 86.75 TRG 89 SL 85
RELINFRA EQ: BUY > 378 TRG 381-385 SL 373

11-07-13 MARKET

MARKET TREND:

As we mentioned in our yesterday note, specific stocks have increased its volatility.  But market has taken wild movement by adding shorts in the system.   Since today peer markets are in upbeat, market may be get opened in positive note and may continue index volatility.  Market get support at 5780/5760 level in the normal swings and close with positive bias.

NIFTY SPOT LEVELS:
Pivot: 5833
Resistance:5863/5909/5940
Support: 5786/5756/5710

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
NMDC EQ: BUY > 104.50 TRG 106/107 SL 103
PRAJIND EQ: BUY > 40 TRG 41.75 SL 39

10-07-13 MARKET:

MARKET TREND:

As we are all observing, from last 1 week  market is playing with in sub-range of 5750-5900 and likely to break upside in a day or two.   Since major companies Qtr. results likely to come, and portfolios are likely to get adjusted, volatility may be increased in specific strips.

Today market likely to open flat with positive bias and likely to close flat around 5900.  Traders can go long with 5820 SL.

NIFTY SPOT LEVELS:
Pivot: 5853
Resistance: 5871/5883/5901
Support: 5840/5820/5810

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
HAVELLS eq: buy > 775 trg 800 sl 757
TTKHEALTH eq: buy > 520 trg 525 sl 514
SWARAJENG eq: buy > 513 trg 521 sl 506

09-07-13 MARKET:

MARKET TREND:

Market is moving within 5750-5900 even though, broader is in tact between 5600 - 6000.   Due to corporate research (in view of qtr results), professional traders are become Stock Selective and going for profit booking on rotation, with out pumping new money in to the system.   Unless the new funds (or re-invest), range may not be broken.   Since our FM on hunt, let us hope for good (at least for shorter period) and continue cautious trade.

Today likely open with positive bias and likely to get resistance at 5870/5880 level.  Day traders can go on short with 5900 SL.

NIFTY SPOT LEVELS:
Pivot: 5807
Resistance: 5838/5865/5896
Support: 5780/5749/5722

NIFTY FnO BAN: NIL

STOCK FOR DAY: 
RPOWER EQ : BUY > 70 TRG 73.50 SL 67.75
WIPRO EQ: BUY > 354 TRG 360 SL 350
SINTEX EQ: BUY > 40 TRG 41.75-42.50 SL 39

08-07-13 MARKET

MARKET TREND

Indian Market is very much in undecided status. One or another mean all class of assets are in static situation.  Market become sensitive to Peer Market and News, than Technical & Fundamental Values.  Since market is in cross roads, obviously Professional Traders likely to influence small investors. 

Today market may open with negative bias and likely to get support at 5800 level.  Day traders can go long with 5780 SL.

NIFTY SPOT LEVELS

Pivot: 5875
Support:: 5850/5833/5808
Resistance: 5893/5918/5935

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
TREE HOUSE EDU EQ: BUY > 269 TRG 282 SL 261.50
RELIANCE EQ: BUY > 876 TRG 888 SL 868

05-06-13 MARKET:

MARKET TREND:
Yesterday market has given mixed hopes like positive closing above 200 DMA and Negative divergence of RSI & Bollinger.  This indicate that volatility likely to continue and may witness sell at highs.  Weekend and US date also will prompt traders to close the positions, which have been build up in previous trades.

Today market may open with positive bias and likely to get 5880/5920. Traders can go short at 5880 level with 5920 SL.

WATCH TH FOLLOWING @ http://www.roaringstocks.com/knowledge.php?file=3DIyXD.pdf

NIFTY SPOT LEVELS:
Pivot: 5824
Resistance: 5861/5886/5923
Support: 5799/5762/5737

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
PETRONET LNG EQ: BUY > 124 TRG 126.50 SL 122
GRANUELS INDIA EQ: BUY > 125 TRG 137 SL 117 (BREAKOUT STOCK)
ITC EQ: BUY > 335  TRG 334 SL 330

04-07-13 MARKET

MARKET TREND:

Market already losses many Small Investors, due to lac-lecture performance of Indices.   If the market performs irrationally (ill-logical), we may loose Traders also in coming days.  Market is not valuing neither fundamentals of individual strips nor technical values.   Market is moving only depend upon FII cash flows.  

Surprisingly, our Govt. is not able to Hold Indian Corporate Investments (around 27 billions) in Overseas. But they go on trying for FIIs Investments with different schemes, which have not given much results so far. In case they bring money also, it will be time bounded only and it gives only temporary relief to our economy.    They are giving more wait on Micro Fundamentals.  For example Food Security Bill, which may be good for Most of Indian public directly, but it has been read as Negative Point for Financial Strength by FIIs and Our Economists and they say as it is Politically Motivated Scheme.

As many says, there is no Good or Bad Time for market.  Only we have to see value of our Investment and Returns on it.   Since people have many Trading Options in this market, we should select 1 or 2 options and do continue.  If we go on changing Trading Options (experimenting), there is more chances to loose money.

Today market may start with positive bias and close positive. Yesterday lows (5760) will be critical to hold the market.

CAN WATCH FOLLOWING DETAILS  @ 04-07-13 MARKET  ALSO

NIFTY SPOT LEVELS:
Pivot: 5782
Resistance: 5804/5837/5858
Support: 5749/727/5695

NIFTY FnO BAN: NIL

STOCKS FOR DAY: 
Apollo Tyres Eq: Buy > 60 Trg 61.35-62.60 SL 58.75
Tata Global Eq: Buy > 141 Trg 143.75 SL 139

03-07-13 MARKET:

MARKET TREND:

Yesterday market is reflection of uncertainty in market and poor sentiment.  Yesterday suppose to be  Day of Consolidation, but it went on minor correction with breadth loss.  Since Derivatives range is in  intact between 5600 - 6000 and Rs. fall was arrested, market may witness day wise volatility till the major results (Qtr) start coming.  Today market may take support @ 5820 after opening with negative bias.  Day traders can go long with 5790 SL.

NIFTY SPOT LEVELS:

Pivot: 5870
Resistance: 5887/5916/5933
Support: 5840/5823/5794

NIFTY FnO BAN: NIL

STOCKS FOR DAY: 
MADHUCON PROJECTS EQ: BUY > 20 TRG 21.75 SL 19.40
CCL PRODUCTS EQ: BUY > 307 TRG 318 SL 296
THINKSOFT EQ: BUY > 73 TRG 75 SL 71.50
HINDALCO EQ: BUY 102.50 TRG 104 SL 101

02-07-13 MARKET

MARKET TREND:
Yesterday Market is continue the previous day direction with Reliance group support .  Still Cash Flow and Directional Indicators are not convincing to say market is in up trend.  As the Present Nifty Range is between 5600 - 6000 and pullback was taken place, market may be flat after oping with negative bias.  5875/5840 can act as support to market with resistance of 5930.

NIFTY SPOT LEVELS:
Pivot: 5875
Resistance: 5928/5957/6010
Support: 5845/5790/5760

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
IDEA EQ: BUY > 143 TRG 146 SL 140.50
JAYPEEINFRA EQ : BUY > 23.6 TRG 26.50 SL 22
RECL EQ: BUY > 204.50 TRG 209 SL 201
BHEL EQ: BUY > 178 TRG 180 /183 SL 175.50