Very Basic of Stock Market

Short term call

Bharti ( cmp 311.4) buy arnd 310 , sl 305.4 target 320

Rel Capital ( cmp 762.5) buy at cp-760 sl 748 tgt 780-810

RIL ( cmp 1060) buy at cmp-1055 sl 1040 tgt 1085-1098

RIL Infra ( 1031.8) buy at cmp-1025 sl 1015 tgt 1055

Sterlite Ind ( cmp 183.35) buy at cmp 181.5 sl 179.8 tgt 190

And if you are commodity trader

buy Nickel in the range 1015-1005 sl 970 tgt 1100

sell Mentha oil with sl of 1235 tgt of 1100

All the above prices are future prices.

Trade safely with proper stop loss.

Happy Trading.

Ankur

Calls for Tomorrow (10 November 2010)

Calls for tomorrow ( 10 November 2010)

1. Maruti Udyog (cmp 1483.55): sell below 1476 sl 1495 target 1450 ( if it closes below 1445 then hold your shorts with target of 1410)

2. Sterlite ( cmp 191.05) : buy above 192 sl 190 and target 198.

3. SBI (cmp 3295) : sell at 3325-3335 sl 3365 and target 3180

4. GMR Infra ( cmp 54.4) : buy at 54-53.8 stop loss at 53 and target of 56.5

5. 2 Momentum stocks which have taken breakout today and can be bought are : HUL and IB real estate.

Cheers.

Ankur

Nifty Outlook and Trading Calls for Tomorrow (9 November2010)

Nifty Outlook:

On daily charts Nifty has created 4 Gap ups in recent 2 weeks,it could be considers as very optimistic situation in the market, remain very very cautious as nifty has already filled 1st gap, try to avoid positional long or trade with very strict stop loss, fo short term nifty supposr exist at 6220-6210 then 6170,then 6055 and finally 5950, Market sustaining on the higher levels will heavyly depend on heavyweights like Reliance Inds, which stands at very very crucial levels,if it can manage to close above 1120 then we will see another 15-20% rally in the counter in short term,but failing to do so will invite selling presure in the heavyweight and in the market.

Trading Calls:

Hindalco ( cmp 231.25) : sell below 229 for target 225 with stop loss of 231

India Cement ( ) : short term traders buy at 122 levels target 135-140 stop loss 117, medium to long term traders must add this to their portfolios now as it will give 100% + returns in next 12 months

JP Associates cmp ( cmp 139.30) : Buy in the range 136-137 with stop loss of 132.5 and target of 150 in short term.

Maruti ( cmp 1498) : Buy at cmp-1490 , with stop loss of 1478 and target of 1660 in the short term. Medium term traders can add this stock with final stop loss below 1445.

Power Grid: You can consider taking covered put in this( selling future and selling put) , as FPO is coming in this counter and historically prices remains sideways to down during this period

BHEL (cmp 2529) : buy at cmp-2515 with stop loss of 2474 and target of 2650.

High Risk traders can also consider buying in Punj lloyd ( cmp 130.95 ) in the range 128 with sl 124 and target of 140-155.

Rel Infra ( cmp 1066.35) buy at cmp-1063 with target of 1085 and stop loss of 1054.

Feel free to post your comments on this.
Happy Trading :)

Rgds
NiftyFiftyStocks.com

Nifty for the week 20 Sep -25 Sep 2010

Last week Nifty opened at 5675, saw a high of 5916 and closed at 5904.
This week gain was supported by good volumes and we have seen breakout from the channel, which has its upper boundary at 5650 levels. On last Monday market shoot up because of short covering. Now the immediate medium term support for nifty exists at 5650-5600 levels, if we break this levels we might see sharp fall as well.
Stocks which can be very good short term bet are:
R Capital , CESC , Financial Technology , Gitanjali Gems and HPCL
For more details long on : www.niftyfiftystocks.com and then go to weekly newsletter area.

Rgds
Ankur

Nifty Newsletter for week 19 -23 july 2010

Dear All,

Please find Nifty Newsletter link for week 19- 23 July 2010 adn download the latest copy.

http://niftyfiftystocks.com/weekly_nfs_newsletter

Rgds

Ankur