30-08-13 MARKET:

MARKET TREND:

NIFTY SPOT LEVELS:
Pivot: 5380
Resistance: 5458/5506/5584
Support: 5332/5254/5206

NIFTY FnO BAN: NIL

STOCKS FOR DAY:

29-08-13 MARKET:

MARKET TREND:

Yesterday market is replica of Rupee Fall.   FIIs also are in selling side, and due to expectation of Down Side Rating from Rating Agencies.  But surprisingly it has been recovered from its lows and given pause to the fall. Today market may open flat and will be range bound. Presently market range set between 5200-5400. Since, today is Derivatives Settlement date, some volatility also can be expected.

NIFTY SPOT LEVELS:
Pivot: 5240
Resistance: 5362/5440/5561
Support: 5163/5042/4964

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
BHARATFORGE EQ: BUY > 230 TRG 237/240 SL 224
KTKBANK EQ: BUY > 74 TRG 76/78 SL 72
DLF EQ: BUY > 129 TRG 136 SL 125
UCO BANK EQ: BUY > 49.50 TRG 53 SL 47

28-08-13 MARKET:

MARKET TREND:

MOST OF THE PANIC SITUATIONS WILL NOT HAVE WISE DECISION.  YESTERDAY AGAIN WE HAVE WITNESSED THE SAME IN MARKET.   TRADERS/INVESTORS HAVE STARTED TAKING POSITIONS OR SELLING ONLY ON EXPECTATIONS.   THAT IS THE REASON WEATHER THE STRIPS HAVE VALUE OR NOT TREATED AS THE SAME AND THEY RUSHED TO SELL.   AS THE SENTIMENT IS WEAK AND MANY VALUE STRIPS ARE WAITING FOR LIFTING, WE CAN OPT FOR THOSE ON DELIVERY BASIS.  WE HOPE PEOPLE SAYS AS THE US FINANCE HAS IMPROVED.   BUT HOW THEY CAN IMPROVE INDUSTRIAL PRODUCTIVITY AND SPREAD THE VALUE AMONG THE WORLD WITHIN SHORT PERIOD.  AS PER US, THEY ARE MANAGING THEIR '$' VALUE ($ SUPPLY Vs DEMAND), VERY WELL AND AND IN TURN THEY ARE PUTTING PRESSURE ON DEVELOPING COUNTRIES' CURRENCIES..

TODAY MARKET MAY START NEGATIVE, AND RUN FOR RANGE BOUND TRADE BETWEEN 5200 - 5330.

NIFTY SPOT LEVELS:
Pivot: 5330
Resistance: 5385/5482/5529
Support: 5232/5178/5078

NIFTY FnO BAN: NIL

STOCKS FOR DAY:
HELIOSMATH EQ : BUY > 68 TRG 70 SL 65.50
HDIL EQ: BUY > 34 TRG 36 SL 33
IBREAL EQ: SELL < 58 TRG 56 SL 60

27-08-13 MARKET:

MARKET TREND:\

 Yesterday Market has moved as per expectations closed flat with immense volatility.   As Derivative Rollovers and Europe Market influence and Rupee Depreciation market went for correction from its highs and accumulated some more shorts.   Nifty range is between 5300 - 5600.  Even though Food Security Bill has been read as negative for Country Finance, it has been discounted already. 

Today market will open with negative in continue to profit booking at highs and in line with Peer Markets.  Since Derivative settlement is in sight, market may be get support at 5400 level.  Day traders can try for long with 5370 SL  

(PL DO NOT LEAVE THE TRADES WITH OUT STOP LOSS, WHICH IS MORE IMPORTANT TO SAFE GUARD OUR INVESTMENT.)

NIFTY SPOT LEVELS:
Pivot: 5487
Support:: 5444/5412/5370
Resistance: 5519/5560/5593

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
IDFC EQ: SELL < 98 TRG 90 SL 109
APOLLO TYRES EQ: BUY > 62 TRG 65 SL 61.50
TECH MAH EQ: BUY > 1360 TRG 1380/1405 SL 1355
MARUTI EQ: BUY > 1307 TRG 1320 SL 1295

26-08-13 MARKET:

MARKET TREND:

MARKETS 2 DAYS RALLY MAY SPILL  OVER TO TODAY'S MORNING SHOW ALSO, AND LIKELY TO GET RESISTANCE AT 5510/5520.  SINCE TECHNICAL SENTIMENT IS IN UPBEAT, FIIS MAY TRY TO BOOK PROFITS IN THEIR EQUITY POSITIONS TO AVERAGE THEIR INDICES POSITIONS WITH ROLLOVERS.  AS THE 2 DAYS VOLUMES ARE NOT SIZABLE TO BOOK THE TOTAL  PROFITS, MARKET MAY CLOSE FLAT WITH POSITIVE BIAS. DUE TO THE ROLLOVERS, 

TODAYS MARKET MAY OPEN WITH POSITIVE BIAS AND WITNESS VOLATILITY WITHIN THE RANGE OF 5440/5405 VS 5520.

NIFTY SPOT LEVELS:
Pivot: 5443
Resistance: 5508/5545/5609
Support: 5406/5343/5305

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
RELINFRA EQ: BUY > 352.50 TRG 366 SL 343
TATA MOTORS EQ: BUY > 300 TRG 305.50 SL 295
HEXAWARE EQ: BUY > 125 TRG 131 SL 121
AURBINDO EQ: BIU > 179 TRG 182 SL 175.75

23-08-13 MARKET:

MARKET TREND:

Market not moving on Fundamental or Technical Values, it is moving only  on Sentiment.   Positional Traders are en-cashing the situation.  If we observe, FIIs are buying, when ever market is weak and selling when ever market is in upbeat.   Last 2 days also same thing repeated and market went through volatility.   As anybody can't play the same game for long, today market may witness flat closing with positive bias and and may witness Sell at Highs. 

Today market should open higher than yesterday closing and should not break yesterday lows, to sustain this upbeat.  At 5470/5480, Nifty may get resistance. Short are not advisable. 

 

NIFTY SPOT LEVELS:
Pivot: 5360
Resistance: 5466/5525/5632
Support: 5302/5195/5137

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
TATAMOTORS EQ: SELL < 298 TRG 284 SL 303
PRAKASH IND EQ: BUY > 29.40 TRG 31.25/32.25 SL 28.25
INDIAINFOLINE EQ: BUY > 51.50 TRG 53/55 D; 50
RIIL EQ: BUY > 288 TRG 296 SL 283

JUST FOR CHANGE TRY TO INTER-ACT: 
your views to e.mail:  roaringstocks@rediffmail.com
-IS UPROAR IS NEED IN PARLIAMENT  FOR ONION PRICES?
-IS THE GOVT. TRYING TO BENEFIT TRADERS BY MISMATCHING SUPPLY & DEMAND WITH THEIR EXPORT ORDERS?
-ARE THE GOVT/CORPORATES FORCING PUBLIC TO PAY MORE PRICE FOR THEIR NEEDS? ARE COMMON MAN HAS MORE MONEY TO BUY?
-IS THE INFLATION REFLECTING REAL PURCHASE POWER?

22-08-13 MARKET:

MARKET TREND:

As we mentioned in our earlier notes, RBI measures have turn as News to market, and opened volatility.  But positive bias yet to start.  Since, more wider opinions are hearing from Media about our economy and opportunities for investments, most of the Mid and Smaller investors are trying to away from the market.   Even professional investors like Templeton and Standard Charter are divided regarding the Indian Market Valuations.   Common man should know only thing, Anything Should Buy, when others are away, to have more economical value.  Since Stock Buying is become more sentimental than value buying, most of the retailers are missing opportunity of buying stocks at cheaper price.   They should start investment at least in SIP.

NIFTY SPOT LEVELS:
Pivot: 5358
Resistance: 5448/5594/5684
Support: 5212/5122/4976

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
SURYALAXMI COTTON EQ: BUY > 46 TRG 48/49 SL 45
AMTEKINDIA EQ: BUY > 65 TRG 68 SL 62.75
BIOCON EQ : BUY > 329 TRG 338/346 SL 320
ASIANTILES EQ: BUY > 24.25 TRG 25 SL 23.50

21-08-13 MARKET:

MARKET TREND:

As we stated in our 19th Aug, note, Govt. /RBI started corrective/supportive actions. Those news turn as positive  to the market and opened volatility.   Since, market is oversold situation, we may see volatility with positive bias.  As the RBI going to concentrate more on Rs. liquidity and bond yield and its arms are very short to focus on Industrial Growth, what ever RBI measures/adjustments, will not lost for long.  For example, RBI advise banks to buy Bonds is the similar step. Banks will be forced  to bear the losses in long run.   All these steps are being taken against FED vowing, and to safeguard FIIs investments in India and in return to match supply & demand of USD.

Since, RBI steps have been projected as positive steps, and Market's positive trigger is on, Nifty may be lifted to the extend of 5600/5650.   Positional traders may average their holdings and exit with little profit and minimum loss.

NIFTY SPOT LEVELS:
Pivot: 5375
Resistance: 5444/5487/5555
Support: 5332/5263/5210

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
AARTIDRUGS EQ: BUY > 203.50 TRG 207 / 209 SL 201
POWER GRID EQ: BUY > 96 TRG 98.50 SL 95
MUKAND ENGG EQ: BUY > 20 TRG 21/21.75 SL 19.50

20-08-13 MARKET:

MARKET TREND:

When the Market Sentiment is  weak, nothing will workout, which we have witnessed in Yesterday's Market.  Even though Nifty losses on second day also, Metal Stocks have gained in contradiction to Economy Strength and Growth Story.  As there is an opportunity to export raw iron (apart from acquisition/investments news), traders/investors have went for buying in this sector. If Investors make close observation of Indices/Stocks, we may opt for shifting portfolios instead of booking loss and go into panic situation.

Today market may open with negative bias and advise the positional traders to go long at lower level with 5280 SL.

NIFTY SPOT LEVELS:
 Pivot: 5425
Resistance: 5490/5564/5626
Support: 5350/5286/5211

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
ICICI EQ: SELL < 829 TRG 796 SL 848
RELMEDIA EQ: SELL < 43.25 TRG 42.25/41.50 SL 44.10 (T GROUP ONLY FOR POISITIONAL)
IFCI EQ: SELL < 19.80 TRG 18.80 SL 21.50
CLUTCH AUTO EQ: BUY > 13 TRG 13.85 SL 12.85
DAIMOND POWER EQ: BIU > 42 TRG 42.80 SL 41.65

19-08-13 MARKET:

MARKET TREND:

MARKET HAS GIVEN AWAY ITS 4 DAYS GAINS IN ONE DAY AND WENT INTO BEAR GRIP.   EARLIER 5600 SUPPORT BECAME RESISTANCE FOR NIFTY.  JUNE, 12 SUPPORT OF 4770/4800 IS GOING TO BE ABSOLUTE SUPPORT FOR NIFTY.   TILL IT REACHES NIFTY MAY WITNESS VOLATILITY AND RANGE BOUND MARKETS.   SINCE, PRESENT GOVT. DO NOT HAVE MUCH TIME TO TAKE ECONOMY CONSOLIDATE / PERMANENT SOLUTION STEPS, OBVIOUSLY THEY GO FOR TEMPORARY RELIEF STEPS ONLY, WHICH TURN AS NEWS TO MARKET AND ENCOURAGE VOLATILITY WITH BIGGER VOLLEYS.

IF WE OBSERVE INDICES WISE PERFORMANCE WHICH PRIORITISED AGAINST MICRO FINANCE STRENGTH, 1ST FINANCE RELATED INDICES LIKE BANK NIFTY STARTED DECLINE, LATER CAPITAL GOODS INDICES LIKE BHEL & LnT FOLLOWED, NOW CONSUMER DURABLE STOCKS LIKE FMGC DECLINING AND RIGHT NOW. ONLY SERVICE SECTORS PRODUCTS LIKE 'IT' AND EXPORT ORIENTED PRODUCTS LIKE 'PHARMA' STOCKS LEFT BEHIND TO FOLLOW.  IF THE MARGIN PRESSURES INCREASE, NOTHING WILL BE SUSTAINED, PEOPLE WILL BE IN HURRY TO PRODUCT THEIR CAPITAL AS MUCH AS THEY CAN. 

AS WE STATED IN OUR EARLIER NOTES, FIIs COULD NOT TAKE OUT MONEY (DUE TO RUPEE DEPRECIATION) AND ONLY PARKING FUNDS IN OTHER PRODUCTS AND IN EQUITIES ON ROTATION, WHEN THE MARKET IS IN PLUS FOR 4 DAYS ALMOST ALL DAYS FIIs ARE IN SELL SIDE, WHEN THE MARKET IS IN MINUS, FIIs ARE IN PLUS SIDE, WHICH INDICATE THEY ARE TAKING ADVANTAGE OF MARKET TECHNICAL, BUYING AT BAD NEWS AND SELLING AT GOOD NEWS/SENTIMENT.

NIFTY SPOT LEVELS:
Pivot: 5574
Resistance:5651/5794/5872
Support:5430/5352/5210

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:
RPOWER EQ: SELL < 70.50 TRG 66 SL 74
DHFL EQ: SELL < 133 TRG 125 SL 136
DATAMATIC EQ: BUY > 20 TRG 21.25 SL 19.25
SAVERA IND EQ: BUY > 34.75 TRG 36.50 SL 32

16-08-13 MARKET:

MARKET TREND:

Market is trying to give some plus to traders.If we calculate Indices yield will not much against Rs. depreciation. FIIs could not take out their money, due to USD appreciation against Rs. and parking their funds in India only.   This is reason market neither going too much down nor going much up.   We can see 5750 /5800 as resistance with support of 5600.

Today market may open flat with negative bias and can be range bound, any negative news may book profits at higher level as there is week end.

NIFTY SPOT LEVELS:

Pivot: 5729

Resistance 5768/5793/5832

Support: 5703/5665/5639

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:

HINDALCO EQ: BUY > 96 TRG 100 SL 93.5

VQUARD EQ: SELL < 548 TRG 531 SL 65

CPIL EQ: SELL < 263 TRG 250 SL 273

ZEE LEARN EQ: BUY > 21 TRG 21.6/22.00 SL 20.40

14-08-13 MARKET:

MARKET TREND:
Yesterday also Market pull back rally has continued, without volumes break.  Today also uptrend may continue, after the little profit booking, based on peer market open and credit rating agency's report and WPI data.   Pharmacy stocks may be under pressure based on FDI news.  As market is still at Sell at Highs, at 5780 level traders may initiate shorts and open doors for volatility.


NIFTY SPOT LEVELS:
Pivot: 5661
Resistiance: 5743/5786/5869
Support: 5617/5535/5491

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
MERCATOR EQ: BUY > 10.25 TRG 11 SL 10
CENTURYTEXT EQ: BUY > 223 TRG 231.75 SL 218
RELIANCEINFRA EQ: BUY > 359 TRG 369 SL 351
IDFC EQ: BUY > 110.50 TRG 114 SL 108

13-08-13 MARKET:

MARKET TREND:

Market has been closed in Green, even on 2nd day.  But volumes are not supportive to give break the trend.  Closing above 5600 is positive for short term journey.   If today market closes above 5650, short term journey can be sustained. Yesterday RBI steps have not reflected in Market (except Yes Bank) and bank nifty and bank index has been closed in Red.   Today market may open flat with positive bias and will be range bound and unless volumes build up, we can't witness activeness / volatility.  As we mentioned in our earlier note, positional traders can average their holding and try to come out with marginal profit / loss.

NIFTY SPOT LEVELS:
Pivot:  5604
Resistance: 5652/5692/5739
Support: 5565/5517/5477

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
AURBINDOPHARMA EQ : BUY > 177 TRG 188 SL 170
JINDAL STEEL EQ: BUY > 224 TRG 234 SL 221 / 214
CROMPTON GREAVES EQ: SELL < 92 TRG 89 / 88 SL 93.50
CEAT EQ: SELL < 120 TRG 118 / 114 SL 123
(sell 2 trgs. has been given based on its journey)

12-08-13 MARKET:

MARKET TREND:

After long holidays, Market going to open with positive note by following peer markets. Even though Thursday Market closed  in Green could not give volume break, to sustain the uptrend.  FIIs taken advantage of Bottom Fishing & Pull Back rally and they become net sellers.   Since Derivatives Range  is still in the range of 5400- 6000 with shorts from 5800-6000 CE and 5400-5500 PE, real market range could be between 5500-5800. We feel short term investors may average their holdings and come out with marginal profit or loss to continue fresh trades with new look/evaluations.

NIFTY SPOT LEVELS:
Pivot: 5551
Resistance: 5592/5619/5660
Support: 5525/5484/5457

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
CIPLA EQ: BUY > 402 TRG 422 SL 393-390
BHARAT FORGE EQ: BUY > 219 TRG 234 -245 SL 205 (OR)
RELIANCE MEDIA EQ: SELL < 42 TRG 40 SL 43
BHARAT FORGE EQ: SELL < 234 TRG 205 SL 245

HINDZINC EQ: BUY > 102 TRG 104.50 SL 100
JINDAL STEEL EQ: BUY > 206 TRG 211 SL 202

BELIEVE IT & WORKOUT, STILL THERE IS TIME!!!
http://smartinvestor.business-standard.com/market/Marketnews-192366-Marketnewsdet-A_third_of_Indias_top_firms_on_the_verge_of_insolvency.htm

08-08-13 MARKET:

MARKET TREND:

Yesterday Market has witnessed Bottom Fishing along with Value Buying, without participation of FIIs.  In fact FIIs are at selling side.   As someone quoting in the media, 'INFRA STOCKS HAVE BECOME CHEAPER THAN ONIONS'. Obviously, Addicted/Dedicated Stock Investors / Traders are trying to book profits, where ever they find and search for Cheaper Investments, as market is giving Bearish Signals.  Govt. & RBI's contrast actions (FM chops to FDI investment vs RBI interest rate increase), Rupee could not get the grip and go on sliding.  This will keep FIIs in confusion, about their Yielding against  $ Conversion.

Today Market may start with positive note and can witness selling at highs.

NIFTY SPOT LEVELS:
Pivot: 5522
Resistance:5558/5597/5633
Support: 5483/5448/5408

NIFTY FnO BAN: FINANTECH, HDIL

STOCKS FOR DAY:
HEXAWARE EQ: SELL < 118 TRG 116 SL 120
SUVENLIFE EQ: BUY > 26 TRG 28 S; 25
TILAKNAGARIND EQ: BUY > 53 TRG 58.5 SL 49
THINKSOFT EQ: BUY > 80 TRG 82 - 88 SL 77
DELTACORP EQ: BUY > 50.50 TRG 52 SL 49.50
STRIDES EQ: BUY > 810 TRG 850 /868 SL 775

07-08-13 MARKET

MARKET TREND:

Yesterday Nifty has slipped its foot and opened doors to bear market.  Since market is in oversold situation we may expect some pullback rally and will be short lived.  As Bolinger indicator is in positive and Derivatives range has been increased to 5400-6000 from 5600-6000, we may witness some volatility also.  Net worth Traders may buy Blue Chip stocks to average their holdings.    Margin traders may be forced to clear holding as the margin pressure will rise from bankers.

NIFTY SPOT LEVELS:
Pivot: 5576
Resistance: 5630/5719/5774
Support: 5487/5423/5345

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:

IDEA EQ: BUY > 156 TRG 160 SL 151
STC EQ: BUY > 78 TRG 89 SL 72
PFC EQ: SELL < 107 TRG 104 SL 110
DIVIS EQ SELL < 950 TRG 939 - 907 SL 970
COALINDIA EQ: SELL < 258 TRG 253 SL 262

06-08-13 MARKET:

06-08-13MARKET TREND:

After July, 23^rd only yesterday market has been closed in green.  This is purely pull back rally, which generally short live.   Today market may open negative in line with peer market and can see some short covering by end of the day.   Since Derivatives range has been shirked to 5600-6000, we suggest selling at highs and waiting for 5550 level, which is 1^st leg of bear market.

NIFTY SPOT LEVELS:

Pivot: 5738

Resistance: 5799/5869/5930

Support: 5667/5606/5535

NIFTY FnO BAN: HDIL

STOCKS FOR DAY:

SHANTI GEARS EQ: BUY > 50 TRG 51 SL 49.75

IDEA EQ: SELL < 156 TRG 151 SL 160

DB REALTY EQ: SELL < 52 TRG 51-50 SL 53

02-08-13 MARKET:

MARKET TREND:

Market is throwing challenge to Market Advisers.   Market playing very wildly in action, by Short Coverage, Profit Bookings, Selling at Good News, Punishing at Bad News.  By and large, we are observing selling at highs.  So far Derivatives, range in tact between 5700-6000 and yesterday Nifty has not broken the day before lows by honoring 5670/5660 SL.  If this broken market may turn to Low from Range bound.  Today market may open positive in line with Peer Markets and get resistance 5800/5820.   Since today weekend, market sentiment is weak, traders may not like to carryover the positions and may witness sell at highs.

NIFTY SPOT LEVELS:
Pivot: 5738
Resistance: 5800/5870/5930
Support: 5667/5606/5535

NIFTY FnO BAN: FINANCIAL TECHNOLOGIES

STOCKS FOR DAY:
MnM EQ:  SELL < 886 TRG 850 SL 908
SUTTV EQ: BUY > 405 TRG 410-424 SL 395
NELCO EQ: BUY > 32 TRG 36 SL 29.5
ARCHIES LTD EQ: BUY > 14 TRG 16 SL 13.5