Nifty Outlook and Stotck Calls(29-may-2009)

Nifty Outlook

Nifty should achieve 4500 tgt soon.buy on dips,strong support at 4300-4250.

Or can buy 4200 call At cmp(243) and sell 4500 call(93)

Stock Calls

Stock Picks (intra-week/fortnightly)

Date	Scrip	Rec	CMP	Range	Stoploss	Target
28-05	PNB	B	664	650-640	620	700
28-05	GTL Infra	B	44.50	42-40	37	52
28-05	Suzlon	B	90.75	90-86	85	105
28-05	MTNL	B	101.6	100-98	95	115
28-05	Bharti	B	795	780-790	760	875-920

Nifty Outlook (26 may 2009)

Nifty Outlook:

Buy Nifty on declines sl 4150 tgt 4500 in 15 days. Market may remain volatile as the expiry is near. 4304-4320 is

near term resistance.Book partial profits in nifty at around 4300 and hold rest of your position.

Stock Calls

IBN18(cmp 125.95) buy at 122-124 sl 118( closing basis),tgt 155 in a month

REI AGRO buy at 75.45 tgt 110 in a month

Buy Essar oil in small quantity(any clsoe above 182,then will blast)

Satyam Computer(cmp 54.35) buy in dips sl 50 tgt 62 in a week(52.5 is a good support)

Buy Praj Industry( look previous post for detail)

For F n O trade

Hul(50k): cmp 233.05, buy at 232 sl 229 tgt 235

Dabur(70k): cmp 114.75,buy at around 112 sl 109 tgt 118

Tata Tea(80k)(699) buy at around 680-670 sl 660

Happy Trading!!

Nifty Outlook and Stock Calls( 25 may 2009)

Nifty Outlook

Buy Nifty above 4250 for target 4300 and if it closes above 4320 then hold your long position for target of 4500.
(strong resistance exist at 4304-4320)
Expect a flat to positive opening in the morning and nifty is expected to test 4300-4320 levels,then a little bit of correction and after that we will either close flat or may go above 4320.

Nifty Should remain in the range 4200-4500 for the week.

Stock Calls

Buy Satyam Computer services for short term delivery target of 62-65(cmp 53.55)

Buy Biocon at 172-175 target of 190.

Buy LITL for intraday at 345 target 360-365

Buy Praj industry (cmp 106) at cmp till 90 with target of 130-155 in a month(has taken a fresh break-out) ( Buy this stock or you will be disappointed for not buying it)

Nifty Outlook and Stock Calls( Friday 22 may 09)

Nifty Outlok:

4304 is the 50% retracement level for nifty. Short Nifty on rise with sl just above that,Positional traders keep sl of 4520 tgt of 3800.

For intraday short nifty below 4192 with sl 4250 and tgt 4100(technically nifty should not go above 4270)

Nifty Strategy with call and put:

Nifty is expected to remain below 3500(more aggresive: 3300) and on the downside 3800(more aggresive 3900) and one week is left for the expiry.Sell 4400 call at cmp (33) and sell 4500 call at cmp (18),loss is unlimited above 4451 and max profit is 2500 if nifty remains below 4400 before expiry.

3304 is the pivot for nifty,below this its going to test 3800 and above that 3500.

Stock Calls

Reliance is at crucial support level(cmp 2115),if it goes below 2100 then short with sl 2130 tgt 2000 ( again 2000 is the medium term support)
(On the flip side buy above 2150 with tgt 2174-2200,chances are rare)

Short tata motors(cmp 356) at 360-365 sl 375 tgt 340

Reliance Communication: short at cmp(324) sl 332 tgt 310 ( Can reverse the trade there as well,strong support at 300)

Sell Suzlon energy at 94-96 sl 100 tgt 85-70

Sell Hindalco(cmp 79)at cmp till 82 sl 87 tgt 72(be)

Sell Reliance Capital at cmp(857) till 865 sl 890 tgt 800

Sell Welspun gujrat at cmp till 148 sl 155 tgt 130

Sell TV18 at 135-136(cmp 132) sl 141 tgt 126-120(technically it should not go above 140)(be)

sell Abb at around 640(cmp 616) sl 660 tgt 580-535(530-550 is good support)

Sell Ivrcl(cmp 253) at 257-260 sl 265 tgt 240(be)

Positional traders sell Sterlite industry (cmp 532) at 540-550 sl 565 tgt 450 in 15 days time

Sell GVK Power(cmp 38.5) at 40-41 sl 43 tgt 35(be)

Sell Bata India at 145 sl 152 tgt 120

Trade with small quantity and execute at the given levels only, as always stocks with RED are having high probability of success.
Happy Trading.

Nifty Outlook and Stock Calls(15th may 2009)

Nifty:

Now 3534 is the major zone.Any close below will trigger fresh sell-off.We can expect new range in the next week, as the election results will come and chances are nifty will go to around 3300.

Stock Calls

Buy BPCL(cmp 365) at 362-363 , sl 358(positional traders keep a sl of 346) tgt 400-440 in a month (small resistance exist at 370-375)

Buy IOC at 425-428 (cmp 434) tgt 450-480,sl 415

Buy Chambel Fertilizer at cmp(47.75) till 46 sl 44.5 tgt 50-54-57 in a month( Short its 40 put at cmp .7)

Buy Indiabulls Securities ar 28-29(cmp 29.55) sl 27 tgt 32-38

Buy Hotel Leela at around 22(cmp 22.6) sl 21 tgt 25

Buy GE shippling if it closes above 250(long term resistance) for tgt 340

Buy Patel Engg with sl below 195(close) tgt 290 in 3 months

HDFC Bank 1125-1150 is very strong support(cmp 1163) can buy on dips

Buy ITC with sl below 185(closing basis) tgt 200 in 15 days,below 185 it will go to 170

Buy Punj Lloyd at cmp till 125 sl 115 tgt 160 in 15 days.(In the next 2 days it may blast)

Happy Trading.

Stock Calls (14th may 2009)

Tata Steel(cmp 264) sell at around 270-272 sl 277 tgt 252 (for positional traders tgt 230)

Gujarat NRE coke( cmp 31.30) sell at around 32 . sl 33 tgt 30-28.5

Max India( cmp 144.30) sell at cmp till 147 sl 149-150 tgt 130 (has broken medium term trend line) and a correction is also due( as it is oversold)

Can SHORT Petronet LNG at 56.5( cmp 56.05) sl 57 tgt 54

Tata tea sell at around 690-695 sl 705 tgt 660

Nifty Strategy for the month(14th may 2009)

Nifty: Nifty fails to stay above 3700. Its better to stay away from market till picture is cleared. Based on your risk appetite you can short naked nifty future and buy a call(to hedge it)

You can take covered put as well:

a. Short nifty future at cmp (3640)
b. sell 3700 put at cmp ( 187) and
c. sell 3200 put at cmp(40).
In this above 3900 you will have unlimited loss.and downside below 3100(approx) you will have unlimited loss.With max profit of ( 187-60 ) + 40 =167 POINTS WITH 3 NIFTY LOTS.
Downside is fine,but to protect for sudden upswing buy one 3900 call at cmp (54),so the max profit is 113 points.
d. buy 3900 call at cmp ( 54)
Execute all( a,b,c,d).See the table to understand what risk/reward will be( bear in mind due to 2 put writings losses will be unlimited below 3100.
from the figure you can see that maximum profit is 113 points(thats just above 5k/3lot+1call),on the upside maximum loss is 87 and below 3100 loss is unlimited.3800 is no profit no loss zone.
So by deploying less than 80k you can expect a return of 5k( thats more than 5% in 15 days).

Happy Trading.

Nifty Outlook and Stock Calls(13 may 2009)

Nifty Outlook:

Some Heavy weights like BHEL,Reliance,LnT broke their major support line,but came back from those levels sharply,this shows market strength.This week nifty will test 3800.

One hedged strategy is:

buy Nifty Futures(1 lot) + sell sensex Future(1lot) to earn sure profit of around 2% of total capital.

Stock Calls:

Buy Bhel at 1650-1660 sl 1630 tgt 1700-1735-1765

Buy Allahabad bank above 60(cmp 59.3) sl 59 tgt 62-65 or can buy it at dip as well at 57-57.5 with tgt 60-62-65 be

Buy HDIL between 170-175 sl 167 with tgt 195,(cmp 179.95), 160 is medium term support ,be

Buy ITC for 3 days(til this friday) at around 189-190(cmp 191.9) sl 185 tgt 200, can trade for intraday as well, be

Ambuja cements:cmp 77,buy at 75-76,sl 74 tgt 82-86 , be

Sell Adlabs at 247-249 sl 251 tgt 235(cmp 243.05),be

buy Infy at 1560-1570 sl 1540 tgt 1625

Buy TCS at around 625 sl 610 tgt 660(cmp 640)

Buy HDFC bank at 1170 (cmp 1195) sl 1150 tgt 1240

Buy Bata (cmp 122.85) at 118-120 sl 115 tgt 130

Buy Maruti at around 840-850 sl 820 tgt 900 in couple of days

Buy Jindal steel and power( cmp 1629) at arnd 1580-1590 sl 1560 tgt 1650

Most of calls now a days are for intraday,unless specified. Stocks with RED are having higher probablity of success.
Happy Trading

Nifty Outlook and Stock Calls(12 may 2009)

Nifty Outlook:

Nifty: Any close below yesterdays low of 3534 will trigger fresh sell off and will be reversal of the uptrend.

Stock Calls:

Punj Llyod: still good upside left.for intraday sell at 126-128 sl 132,tgt 120(cmp 121.95,as per bse),any close above 136 will make it a rocket!! be

Buy Aban ofshore for delivery at 450 tgt 520-550-580 in a month time.

LnT(cmp 963) sell at around 980-990,sl 1015,tgt 950-935,be

PNB(cmp 522),buy at around 510-515 sl 500 tgt 540(and above that it will blast(can be bought for 2-3 days as well)

HDIL(cmp 166.8),sell at 174-176 sl 180 tgt 160,be

Indiabulls Real estate(cmp 140.35),sell at around 143-145 sl 151 tgt 132,be

Welspun Gujrat(cmp 108.75) sell at around 113-114 sl 119 tgt 100,be

Indiainfoline(cmp 86.1),sell at 88-89 sl 91 tgt 82,be

Century textile:cmp 245,sell around 255 sl 265 tgt 235,be

Parsvnath Developers: cmp 48.95,sell at around 50.5-51 sl 53 tgt 46,be

trade with low volume till the picture is clear.
Happy Trading.

Nifty Outlook and Stock Calls (11 may 2009)

Nifty Outlook:

Nifty: buy on dips with sl 3550 target 3700.This week nifty is expected to go close to 3800,and thats the time to sell for tgt of 3300!!(This is the last week for nifty to go up before coming down sharply, exit most of your long position)
intraday nifty levels:
3502-3582-3612-3631-3646-3661-3711-3790(Fibonacci Levels)

Stock Calls:

Educomp Solutions:buy on dips for intraday(cmp 2317) at around 2280-2290 sl 2235 target 2360-2420(be)

Sell Bhel(cmp 1646) at around 1660-1670 sl 1692 and if it remains below 1650 then expect a big fall in couple of weeks time
(can trade for intraday as well)(Positional traders keep a sl of 1725),technically it should not close/go above 1692-1700

Reliance Industry(cmp 1900).good support exist at 1850(medium term support),buy on dips at around 1860-1875-1885,sl 1850 tgt 1945-1980

Reliance Infrastructure(cmp 768),sell at around 790-800 sl 832 for tgt 720 and breaking that 600(can be traded for intraday as well as positional)

Buy and hold NDTV(cmp 113) at cmp till 105 and tgt 135-160,sl 98(closing basis)

Buy and Hold Balrampur Chini(cmp 77.25) at cmp till 72 sl 66 tgt 90-105 in a weeks time

Sell Rcom (cmp 229) at around 238,sl 244 tgt 220,positional trader can continue to hold with sl 244 and tgt 210-180,closing above 250 it will become very bullish and will tgt 300 in no time(be)

Sell Siemens at 340(cmp 335.35) sl 345 tgt 325(medium term is still up)be

Sell RNRL(cmp 60)at 61.5-62 only for intraday with sl 62.5(be)

Sell Idea(cmp 59) short at around 60-60.5 , sl 61.5 tgt 57.5(intraday be),57-57.5 is medium term support

Sell Wipro at around 370 (cmp 355) sl 385 and trail

Sell Idfc(cmp 85.85) at around 87-88 sl 90 tgt 82-77-70

Sell Rel. Capital(cmp 575) at around 590-595 sl 605(and positional traders with sl 625) tgt 550

BoB(cmp 321) positional traders sell at around 325-330 sl 340(closing basis) tgt 260

Watch Previous posts as well,some of them are still very good to execute

Stocks marked with RED are having higher priority of success.
Happy Trading.

Nifty Outlook and Stock Calls(08 may 2009)

Nifty Outlook

Buy Nifty at around 3625 sl 3600 tgt 3680-3720-3750,Nifty has very strong support at 3500

Stock Calls

NTPC(cmp 192),short around 194-195 with sl 198 and target 190 and if the volume remain high(around 10m) then hold your shorts for next day.

Short Infosys for intraday at 1565-1570 sl 1590 tgt 1515

Short Grasim Industry for intraday at around 1785-1790 sl 1820 tgt 1740(Positional trades can also be made in this with sl of 1850 and tgt of 1650

Punj lloyd range 132-122( any close above these levels adnu can expect significant movement)
exit ur longs if it closes below 122

Read previous posts as well for some more executable trades.(But start booking profits by selling some quantity of ur stocks)

User Querry:

Educom Solutions:2700 is the very strong resistance and 2200 is the key support level.(cmp is 2264),if it closes below 2200 then it will crash(and chances of that happening are high!) and come down to 1900 levels in no time but it manages to stay above 2200 then you can ride this range(2200-2700)

Happy Trading

Nifty Outlook and Stock Calls (7 may 09)

Nifty Outlook

Do only intraday trading in nifty futures for now.Exit all long positions if nifty closes below 3550.
Can buy nifty at 3580-3550 for intraday with sl 3530 and target 3700.
Various (Fibonacci Ratios) levels for Nifty are 3540-3608-3633-3649-3662-3675-3717

Stock Calls

Buy Power grid with sl 94(closing basis) tgt 102-110(cmp 96.35) ( can also buy for intraday)

Positional Traders buy Zee ltd at 118-120 with sl 108(for short term keep sl of 115 on closing basis) with target 140-165

Buy Suzlon at around 70-72 sl 65 tgt 90 in a month(65 very good support)

Nalco 220 is the main support area,if that break then it will go to test 200 and even lower on the upside 260 is the main resistance.

Punj Lloyd: if it closes below 120,exit all long positions,tomorrow for intraday can sell at higher levels(126-128) sl 133 tgt 122-120

Adlabs(cmp 229) sell at around 240 sl 252 tgt 210

JP Associate(cmp 137) sell at around 144-148 sl 153 tgt 120-105

Axis Bank (cmp 605) sell at around 620-625 sl 640 tgt 575-550-520

sell Kotak Mahindra Bank (cmp 524) at 440-450 sl 563 tgt 400-355

Positional traders can buy Titan Industry at aroun 780-790 with sl 750 and tgt 920-1100 in a month time

Stocks marked with RED are having high probability of success.

Nifty Outlook and Stock Calls(6 may 2009)

Nifty Outlook

Nifty Outlook remains positive with 3600 as a good support.But avoid taking long positional positions, do only intraday in Nifty for now,big fall expected from next week.

Stock Calls

NTPC: Short for intraday(cmp 191) at 193-195 sl 198 target 186,People who can take futures position can take positional short with 205 sl and target 178-170(keep a trailing stop loss) be

Buy Rolta in small quantity at 82 with sl 72 and target 98-120 in a month(short term trader keep sl of 78)

Patni Computers(cmp 163) short at 166-168 sl 175 target 155-148 be

Patel Engg:(cmp 189) buy at cmp with target 250,buy aggressively if it closes above 200

Buy Gujrat Alkali at 82-84 taget 100-122 in a month

Buy Indusand Bank at 42-43 target 50 in a month

Nifty Outlook and Stock Calls(may5 2009)

Nifty View:

 Remain cautious and buy small quantity only and if getting intradays profits then take it.adopt same stategy on all stock longs.(nifty target 3800 should be achieved this week)

expect increase in volatility this month.

One nifty stategy to earn sure returns: when nifty reaches around 3800 then buy out of the money call and buy In the money put,will update with exact values as it comes.

Another hedged stategy is to sell sensex mini and buy nifty mini to gain around 2-3% of total capital.

Stock Calls :

PUNJ lloyd, can buy on cmp and on declines with target 136(and if it closes above 136 then 170-175 very soon) 

Buy Gail on dips,at around 250(cmp 258) with stoploss 240 and target 300+ 

Buy RNRL for target 65 

Buy KS oil at cmp target 50+ this week 

Buy BOC india at 140-142 sl 136 target 152-160 

Buy dish tv on dips

Buy Hindalco at cmp for target 65-72 this week  

short Sun tv for intraday (cmp 195) at 197-198 sl 203 tgt 190-186  

keep an eye on power grid for intraday buy

All the calls are continuation of previous posts.If you have taken the position,start off-loading it slowly to protect your profits.

All the calls with RED are having higher probability of success.

Happy Trading.