December 1-5, 2008

Market didn't made movements as per predictions. Though market remained under tremendous, due to expiry, speculators kept it rangebound throughout the expiry day which was extended by one day. Though market moved up through speculative actions and didn't made fundamental movements on the back of the terror attack. So many people went short in the morning and speculators forced them to cut their positions at losses. Such movements happens in our indian markets. Indian market does not make natural movements many times. Past few days, even Dow recovered by nearly 900 points, speculators pushed market into negative territory for their own benefits. Our regulators also remain in sleep and their have no sense of common investors.

Though market have shown resilence today, it may not be able to do so. Even if our market makes attempt to move from here, it will be better to sell off the stocks at higher levels as rally in Dow may be over at the moment when our market will try to pull back.Traders can go short on each rally as market will touch october lows and even can break those lows on the back of FII liquidations which will be hefty. Everyone will throw into towel in this month crash. All the sectors will post negative returns going forward. December month will be worst ever for our market in the history. Investors are adviced to keep cash ready to buy stocks at unbelievable prices.

In the first week market will be volatile and stocks from banking can post some gains if other global conditions remain stable. Market can post gains only in the first week. In the second week, see bloodbath from all the sectors. Stocks from telecom, infrastructure, communications, oil, mining companies will fall going forward. Stocks from metals, cement, constructions, heavy industries will remain extreme volatile throughout the month. Following stocks will see heavy selling and see multiyear lows

Rcom
Tata Steel
SAIL
Reliance
DLF
Unitech
HDIL
HCC
NCC
Nagarjuna Fert
Renuka
Balrampur
Bajaj Hindustan
Tata Motors
SBI
Reliance Capital
Reliance Infra
RNRL
Nalco
Hindalco
Cairn
Reliance Petro
Assam Company
Jayant AGro
First Source
3iinfo
ICICI Bank
HDFC Bank
PNB
Bhel
Larsen
Jaiprakash





October 28, 2008

This is day on which the extended future and options positions will be settled. See kneejerk action on the street. See people unwinding positions tommorow. Short term investors can buy on panic for short term profits. See frontline stocks like Reliance, ICICI, Rcom, Indian Hotels, ITC, HDFC Bank, SBI tumbling like a nine pin tommorow as inflation figures are disappointing and tommorow's GDP figures will force traders to press sell in the market. If market opens flat or marginally negative tommorow, traders are adviced to create short position tommorow which can give handsome profits. Targets are below

Reliance 1000
Rcom 170
Tata Steel 140
ICICI Bank 305
Reliance Energy 450
SAIL 60
Renuka 42
Suzlon 35
Unitech 23
DLF 175

Till then very happy trading to all the readers


October 26&27, 2008

Market fell by 6% from the high on tuesday. There is lack of confidence in the market. Thus market will not sustain on any positive opening as sellers join the cartel immediately and sell so madly that stock erases it's gain within no time. For next couple of days (expiry days) will be marked by great volatility and every rally will be sold off and thus dragging the markets very deeply. Stock like Reliance, SBI today were sold off very badly today. Stocks will underperform over next couple of days. Stocks like Tata Steel, SAIL, Reliance, SBI are so negative over past couple of sessions and will continue to do so over next couple of sessions.




October 24-28, 2008

Last week, market fell drastically, and took time to recover and didn't recovered as per our anticipations. But on friday, it really recovered smartly and kept some promise for recovery. Recovery was expected in the later half and it recovered some of the losses registered in one trading session. Stocks like Rcom, ICICI Bank, SBI recovered as predicted and Rcom recovered from low of 180 to 218 levels. SBI recovered from level of around 1100 to 1200. ICICI Bank recovered from low of 306 to 350 levels. Short covering was so huge that stocks sent soaring within couple of hours and bears were left with just a havoc and may have eroded substantial capital in friday's session unless they covered their position when market had gone into negative territory when we have advied to cover all shorts. Traders needing personal advice can be in touch with us which will be available at the cost of small fees which they can recover in just one trade.

Next week will be bullish for the market with high volatility and there will be bout of buying and selling and market will make swings on either traders. Swing traders can make profits next week. Next week, our market can start with gap up probably. Nifty can try to touch our target level of 2950-3000 next week. Bears will be squeezed through their short positions. Stocks like ICICI Bank, SBI, Rcom, SAIL, Tata Steel, Larsen, Bhel will lead the rally next week. Reliance Infra also can bounce back and will achieve our target level of around 500. Delivery based traders can book partial profits on these rallies as next month, volatility will be on the higher side only. Stocks can recover on next couple of sessions and then face profit taking on wednsday and thursday. But probability of market going up is very high. Nifty can even touch level of 3250 within short span of time which can be used to go short on the nifty. Stocks like Firstsource, Nagarjuna, Assam Company, Chambal, Renuka can post handsome gains going forward which should be used to book profits. We are positive on 3iinfo. Long-term investors should buy this stock, which has sound fundamentals and can give handsome returns. In next panic, investors should buy this stock

Till then very happy trading week for all the boarders.





October 17-21, 2008

Market made movement as predicted. It started the week on positive note and then succumbed to sell-off. It was very much on expected lines and stock in banking/ oil/ metals underperformed grossly.Banking sector which resilent recently also led the sell-off of late. Metals melt as expected and stocks like Tisco and SAIL led the fall. SAIL closed below 70 level first time after october low. Stock is likely to fall further upto 61-63. In case of panic stock can fall towards 57/52 levels as per our predictions. Tata Steel can hold the support of 150 level. Next week market can start on negative note as G20 meet may not be able to bring conclusions and it may meet again as Bush will not be able to take major decision as new elected president Obama will take those decisions. Thus market can start monday with negative tone and can continue it for couple of days. Stocks like SAIL, Tata Steel, Reliance ,RPL, Rcom, Reliance Energy can lead early falls. Market can recover in the later half of the week i.e. tuesday/wednsday onwards after forming immediate bottom. Recovery can be led by banking, oil,reality, auto stocks. Leaders of recovery will be ICICI Bank, HDFC Bank, SBI, PNB, Reliance Capital, Kotak Bank, DLF, Maruti, Reliance, Rcom, Reliance Energy, LT, BHEL, Siemens.

Metals stocks can be laggards though they can recover little bit. But recovery in those stocks will be opportunity to sell those stocks for short term traders.

Expect market to do something in favour of both bears and bulls. Just it will be matter of timing of the entry. Long-term investors can start building up their portfolio slowly and steadily with 3-5 years horizon. Indian Economy will bounce back after BJP led NDA comes to power at the centre. PSU stocks looks attractive at these levels and at every decline. We are positive on oil marketing companies like HPCL, BPCL, IOC. All negatives has been factored in these stocks and they can move upwards from these levels

Till then happy trading week going forwards for our estimeed boarders




October 10-14, 2008

Though our market may get positive start in the beginning of the week but positive start will get sold off later on. There will be sell-off ahead of G20 meat in fear. Thus do not expect market to rally ahead of that meet but will crash ahead of those meet. IIP Data are slated to be released on 12th and they will be disappointing or will not be so encouraging. Thus sell-off can hit from wednsday onwards and market can well fall towards 2700 level for nifty. After release of IIP data (if disappointing ) Stocks like Larsen, Bhel, Siemens, ABB, Tata Steel, SAIL, Nalco, Hindalco, Stelite, Reliance, Reliance INfra will tumble and market will take no time while touching new lows. Probability of Reliance , Larsen, Tata Steel, SAIL touching new lows is very high. Stocks to remain weak are mentioned above coupled with following stocks which also can remain weak :

ICICI Bank
HDFC Bank
Yes Bank
HDFC
SBI
PNB
BOI
BOB
DLF
Unitech
HDIL

Book profits on every strength as every strength will be sold off at higher levels and cascading effect can send market further into tailspin.

Till then happy trading week to all





October 4, 2008

Market rebounded as expected and hovering between 3000-3100 levels. Going ahead will be tough times for market in very short term. Stocks will come under selling pressure in coming trading sessions. Stocks like Renuka, SAIL, Rcom, Tata Steel, Reliance, Larsen, Bhel, JP Associates, Suzlon, Unitech can come under selling pressure and form new lows again. Better strategy for the time being is cut long positions and create shorts as possibility of market testing lows is pretty high.



October 31-November 7, 2008

Market pulled back as expected and it was badly needed for investors. Nifty faced resistance at 2700 level after hitting below 2300 in bloodbath. Long-traders should pare down their positions on this pullback rally. As this is pull back rally, there is no doubt that it will fizzle out in short term. Nifty can touch new lows and strong support nifty can be found at around 1700 levels. Long-term investors should build up their portfolios around these levels gradually as market will not remain down always. As and when global situation improves, Indian market will be the first market to recover very fast as valuations here have become cheap for bluchips compared to their growth story. Do not think that all companies will disappoint in coming quarters. Investors should keep watch on such stocks to have pick among these stocks. Stick to large caps to have fast recovery in your portfolio. Enter mid-caps later when market resumes bull run as midcap will follow large caps when large cap stocks get exausted and become dearer. Weak stocks in coming week will be following

Reliance Energy
Tata Steel
SAIL
Suzlon
Nagarjuna
Oswal
Chambal
Renuka
Bajaj Hindustan
Balrampur
Unitech
DLF
SBI
ICICI Bank
Reliance
RPL
Bhel
Larsen
Cairn






October 27-31, 2008

Market crashed as predicted and stocks were hammered to unrealistic levels. Stocks like Tata Steel were down because of which yield for the stocks sored to 10%. Investors really needs to think about the stock and buy such stocks as such valuation for blue chip may not be available in future. Stocks like Tata Steel, JP Associates, Larsen, Chambal, Jayant Agro and many others are available at throw away prices. Investors needs to enter the market at such panic situations to get tremendous returns within short span of time. Some stocks are really available at unrealistic values. These Stocks are given below

Tata Steel
Hindalco
Reliance Comm
Jayant Agro Organics
Larsen
Reliance Energy
NTPC
Power Grid
JP Associates
Suzlon Energy
GMR
Bank of India

There is latest unconfirmed news that SEBI instructed FII's to reverse their short positions through stock borrowing and lending after 20/10/2008 immediately. SEBI is thinking over the positions created before 20/10/2008 and reversal of those positions may be also forced by SEBI. Thus monday heavy shortcovering can be seen and stocks which were the victims of these short selling will bounce back very sharply and may post gains between 20-30% next week. Following are these stocks

Tata Steel
Reliance Comm
Larsen
DLF
ICICI Bank
Unitech
HDIL
NTPC
Reliance
BHEL
Reliance INfra

People will get the chance to exit the stocks at pretty high levels compared to the friday's levels. Following can be targets for stocks
Tata Steel 230-250. Rcom around 250-260, Reliance 1200, NTPC 150-170
Larsen around 950-1000, ICICI Bank 440-460. These targets are just imaginary. Investors should take their decisions on the basis of their knowledge. But it is very much sure that FM & SEBI will do all the efforts to save the market a bit which can give opportunity to liquidate the long positions at higher level. Resistance for nifty will be at around 3250-3375. Traders can exit long positions at these levels and even can ceat short positions.




Above stocks are good for long term investors to build up their portfolio.


October 22&24, 2008

It's all over for market now and nifty will tank below 3000 levels very shortly. Even it can test it's litmus test at 2600 and if it falls below that level then see a bloodbath and nifty can even tank below 2000 levels. Everything will depend on how things pan out on 23/10/2008. Fall below 3000 means than technical bounceback is over and market will go down like a nine pin and will be led by ICICI Bank, SAIL, Tata Steel, Larsen, BHEL, Reliance, Reliance Infra, Momentum stocks like JP Associates, Unitech, DLF, RNRL, IFCI will loose heavily in the next turmoil. Ispat Industries can go below face value going forward. Stock can be available at around Rs. 7/- in the turmoil. Sail can tumble upto level of 75. Reliance can go down towards 1080 level. Tata Steel can break level of 200 shortly. ICICI Bank can go below 300 level and can tumble towards 270 level. Larsen can fall towards level of 725, Reliance INfra can go below 450 level and next support is at 375 level. SBI can fall below 1000 level. NTPC can fall towards 100 level at which it is best pick among index stocks. In case of huge panic, long-term investors can pick stocks like NTPC, Reliance Comm, Assam Company, Jayant Agro Oraganics, SBI, Bank of India, JP Associates, RNRL, Ranbaxy, Satyam, Infosys, Tata Steel. But do not hurry to buy stocks as stocks will touch the levels which cannot be emagined by investors.

Wish all of you happy investing



October 21&22, 2008

Welcome to all our readers. Market bounced back like a wounded tiger as anticipated. We expect this rally to be carried over atleast for tommorow and market can try to some resistance levels. Nifty can test level of 3350 tommorow and if anything positive comes from western region, then it can even bounce back towards 3500 level where traders can pare their long positions as bounceback cannot last for long time. Selling can come at higher levels. Short term positions should be unwound between 3500-3700 between which strong selling can come. Our mentioned stocks really done well today. Stocks like Rcom, Larsen, Reliance INfra, ICICI Bank, Bhel, Reliance has posted handsome gains intraday though late profit taking erased some of those gains. Todays gains were not purely short covering. Shorts are not fully covered. If heavy short covering comes then stocks can post handy gains in coming couple of sessions. Investors are adviced to pare their positions in reality sector as early as possible as these stocks will face more trouble in near future. Rcom can try to test 300 level in next couple of sessions. Reliance INfra also can try to touch 600 levels and Larsen can go up to 1000 levels. Traders should sell Reliance at every gains hereon as stock will find lower bottom in coming sessions ans fundbased selling is not over in the stock. ICICI Bank also can try to test level of 465 where strong resistance exist. Tata Steel also can touch level of 320 levels which will provide opportunity to pare the long position.



October 20-24, 2008

Market crashed last week on the back of FII liquidation and selling by banks(shares pledged by people and promotors). Stock prices of such companies suffered heavily. Reality stocks are in strong bearish run and it will carry on the same. People should get out of all reality stocks as the story for them is over over few months. Market is falling despite strength in the western markets. In the coming week, market may find support and can inch higher. Technical bounceback is overdue and it will come in the coming week. Any action from SEBI on short-selling front can trigger shortcovering as SEBI is likely to ban short-selling and compulsory unwinding of short position by borrowing stocks from institutions may be forced to be covered up and this can trigger 20-30% rally in leading stocks like Reliance Comm, Reliance INfra, ICICI, Reliance Capital, SAIL, Tata Steel, Suzlon. Reliance comm can cross level of 300 easily if such action from SEBI happens. Banking stocks also can rally in expection of repo rate cut and other actions from RBI to ease liquidity from RBI. People are adviced to book profits if this technical bounce back comes in the coming week as rally will not sustain for long time and selling at higher levels will emerge. Any upper circuit like situation also can arise in indian markets due to oversold conditions of the market. Following stocks can rally next week

Reliance Comm
Suzlon Energy
Nagarjuna Fertilisers
Assam Company
Oswal Chemicals
Reliance Infra
Reliance Capital
IFCI
ICICI
SBI
PUN Bank
Bank of India
Reliance
Bhel
Larsen
Siemens
NTPC
Tata Power

People should stay away or book profits immediately in stocks like Reliance , ICICI Bank, Unitech, DLF and all other reality stocks

Wish all of you a happy trading will ahead of Diwali.



October 17, 2008

Today market will open quiet and can see action in the later part of the day on either side. Move on the upper side is expected on the back of short-covering which uptick the prices higher. Reliance Comm can rally towards 300 levels with heavy shortcovering on the later part of the day. People can buy Reliance Comm at current level of 257 and book profits around 300 levels. Renuka Sugars can be bought at current level of 65 and expect price to move towards 75 level. Some other stocks like Reliance, ICICI Bank, Reliance Infra, Larsen, Bhel also can recover on the back of short covering. Follwing stocks will be stocks to be watched out

Rel Com
Renuka Sugar
Reliance
Larsen
Reliance Energy
NTPC
BHEL
SBI
ICICI Bank
PNB
Satyam
SAIL
Tisco

Tille then wish all of you a very happy trading day


October 16, 2008,

Market had falled below crucial 3200 level. Now if nifty does not close above 3200 levels then it will be all over for the market. Market may bounce back sharply from today's lows and may cover the substantial losses from opening loss. Stocks like Rcom, ICICI Bank, Reliance Infra, NTPC, Suzlon, Renuka, Nagarjuna can bounce back very sharply from these levels. Momentum stocks can post even upto 50% gains from these levels. According to us, even our indices can attract 10% upper circuit on any day going forward. Short sellers should be aware of the same and trade accordingly as margins can be sqeezed very next day in case of such movements in the markets

wish all the readers very happy trading day




October 14, 2008

Nifty can bounce back towards 3800 level in coming sessions. Telecom, banking, capital goods stocks can out perform. Nagarjuna Fertilisers rocketed to 23.50 from the recommended level of 18 giving more than 30% returns in couple of trading sessions. Following stocks can outperform the market.

Reliance comm
Bharti
Idea
Reliance Infra
NTPC
Power Grid
Larsen
BHEL
Siemens
Jaiprakash
SBI
Bank of India
ICICI Bank
Renuka Sugar

Following stock can become bearish, investors should get out of these stocks on rallies

ICICI Bank
Tata Steel
SAIL
NALCO
Hindalco
Sterlite
DLF
Unitech
HDIL
Parshvanath

Till the have a profitable day



October 13-17, 2008

Last week market saw huge volatility mostly downward crack was more than upward movements. Now market may have formed short-term bottom and may be ready to pull back from these levels. Pull back can be sharper and enregy, capital goods, telecom stocks can lead the rally. Banking stocks also can rally from these levels as they have touched their extreme bottoms. But any rally in banking stocks should be used to pare the holdings in these stocks as short term sentiments will not improve for banking sectors and they will remain most volatile. Stocks like Nagarjuna, Renuka, Assam Company, Reliance, Reliance Comm., Bank of India, Reliance Energy, Larsen can bounce back from these levels as these lows will not sustain in these stocks and stock like Rcom is available at very cheap rate which will attract long only funds to raid the stock. Thus next will will be bullish for indian market and nifty can attempt to touch 3950 levels i.e. 20% upmove. Rcom, REliance Infra, Bharti, Reliance can outperform the market next week. Profit booking should be made as nifty approaches towards 3800 levels and 3950 levels as pullback rally will not sustain for long time.



October 10, 2008

We reiterate the same strategy. Investors who were at sidelines due to rich valuations in indian market have got opportunity to enter at these panic bottom levels. These levels may not come in short term going forward. There is tremendous opportunity to make profits upto 30% from these levels in frontline bluchips like, Rcom, Reliance, BHEL, Larsen, Cairn, Power Grid, NTPC, ONGC, Reliance, Bharti, SBI. Investors should stay away from ICICI Bank as atmospere for these stock is very dark. This stock should be used for short term trading opportunity only and no long-term call should be taken of ICICI Bank.
Investors who can wait for long-term can buy stocks like Nagarjuna Fertilisers, Oswal Chemicals, Assam Company, Renuka, Balrampur, Bajaj Hindustan, Dharani Sugars, Dhampur Sugars, RNRL, Bank of India


October 8, 2008.

Investors waiting from the sidelines should start entering into market at such mouthwatering rates. Stocks like Larsen, Jaiprakash Associates, Suzlon, Bank of India, Reliance Infra are available at throw away prices. They may not get such rates in future or these stocks are capable to deliver upto 50% returns within a even couple of months. Today is right day for short-term investment and see a quick buck in the value of your portfolio. Today's selling is warranted by fear and not by fundamentals. Thus it is better to plunge into markets at such extremely low rates of bluchips which have lot of positives left in them to lift their prices in a big way. Stocks like Assam Company, Nagarjuna Fert, Oswal Chemicals, Ramco Systems and Jayant Agro are better bets among the small caps



October 7, 2008

At last, market got some big positive news from SEBI & RBI. Relaxaton of norms for FII's can result in shortcovering by some big ticket short sellers. Banking stocks can witness short covering on the back of CRR cut by RBI. Thus short sellers should be cautious ahead as any further positive news can take market towards higher level and may be forced to cut positions at higher levels. banking , power, capital goods, fertilisers stocks can rocket on the back of short covering ahead in few sessions


October 6-10, 2008

Market witnessed selling on the back of negative news from overseas markets. There was severe selling in all the stocks. ONGC remain firm compared to other stocks. ONGC will replace as a top valued company by market capitalisation in this month. Next week, there will be technical bounce back in the market as risk-reward ratio is not in favour of bears and bears will be forced to cover their shorts at higher levels and nifty can touch 4250 levels which will be short resistance zone for nifty. Bears can use these levels to sell their stocks. Stocks from banking and auto sector can outperform next week coupled with fertiliser stocks. ONGC will outperform Reliance next week and can march towards displacing it from the top slot as ONGC is more valued company than Reliance riskwise. Euphoria in Reliance may be over and Reliance can fall towards levels of 1500 and 1260 levels as stock is the target of bears to hammer nifty. Anyway, trend will be mixed and their will not be accross the board movements. Power and capital goods can take nifty towards the level of 4250 as mentioned.

Market may open with positive bias on monday despite negative ques from US markets. Banking stocks can rally in expectation of RBI keeping the policy status quo and no further hike in the policy as inflation is easing and liquidity is tight. ICICI Bank can make volatile movements next week. Stocks like Reliance Energy, Tata Power, NTPC, Power Grid, Nagarjuna Fertilisers, Chambal Fertilisers, Renuka Sugar, Assam Company, Oswal Chemicals & Fertilisers, SBI,PNB can make upward movements. Any further movement in stocks like Reliance, DLF, Unitech, ICICI, should be used to pare the holdings inthese stocks. Crude oil will remain volatile going forward. 3 hurricanes are expected to hit US continent in this month. Strength of these cyclones will make crude oil volatile. Crude oil can jump from here ahead of winter. Any upward movements (upto 10%) should be used to pare the holdings in equities as some months ahead will be patchy for our markets. Only good quarterly results can change this senario. So it better to stay in cash if market rallies a bit from here which looks imminent.

Till then wish you happy trading week ahead.





October 3,2008

Market will recover after negative opening. Power and capital goods will lead the recovery. Fertiliser stocks also can bounce back as they will have access to the uranium for their production on the back of passing of N-deal. Remember, passage of N-deal is yet not factored in the market leaving at least 10% upside for power and capital goods stocks.



October 1, 2008

Market bounced back exactly as expected and closed in positive territory and even with substantial gains compared to the overnight losses in US market. This rally will be carried over tommorow with volatility and nifty can march towards 4250 levels and will form lower top and lower bottom. Market is in bear phase and will continue to remain in the same. But such spiking rallies will come in short term and will be sold off also. Swing trades will work in the traders favour if it is done close to the right time. Power, Capital Goods, Fertiliser, Sugar, Tea, Oil sector will head northwards tommorow on 1st october. FII selling had been stopped as they were buyers on september 29. Thus this rally will be led by shortcovering rather than buying from institutions. Till then will all of you a very profitable day




September 30, 2008

Use any gap down to buy for short term. Buy NTPC, SAIL, Nagarjuna Fert, Oswal Chemicals, Assam Company, Larsen, Power Grid, Reliance Infra for short term. These stocks will bounce back. We are more positive on SAIL and it can bounce back in a big way from lower levels



September 29, 2008

Buy power and capital goods stocks. Traders should sell Infosys as sentiments will be weak for the stock ahead of results and on the back of HCL Tech outbidding it's offer for Axon which can force the company to up it's offer price which can put addition financial burden on the company which may be temporary in nature. Buy it is enough to push stock lower towards 1350-1400 level next week. Small traders can consider buyin put of 1410/1440 strike. Detailed analysis is in our weekly analysis. Wish all the readers a happy trading day.

September 26-October 3,2008

Welcome to all boarders and followers. This month you may have made huge money as per our recommendations. This month market moved almost according to our anticipations. Traders and investors who have made money may be happy right now. But, we will like to advice them to invest some of these profits in equities on long-term basis. September series is over now. Now another month with diwali in mind will start. Going forward markets will remain volatile and provide go entry and exit points. Traders who wants any personal advice can become member of our company with some nominal fees for whole of the year in which they will get plenty of recommendations. This month again will start with great volatility and market will continue with gap up and gap downs in the first week as global clowds have not receded. Technology stocks will make sharp movements ahead of Infoys results. Traders needs to trade cautiously in the month ahead. Power, telecom, fertilisers, sugar and tea stocks looking bullish in the next month series. But profit booking at every higher will come from overseas investors. We hope that traders may have benefited from our some great recommendations. Following stocks looks bullish going into October series

Reliance Infra
Reliance
Nagarjuna Fertilisers
Oswal Chemicals
Chambal Fertilisers
Renuka
Jayant Agro
Assam Company
Ramco Systems
Cairn India
SBI
Bharti Airtel
Rcom
Idea
SAIL
Tata Steel
Sterlite
Nalco
NTPC
ABB
Siemens
Power Grid

Bearish Stocks
Infosys
Satyam
Wipro
TCS
Hcl Tech


Neutral stocks with great volatility

ICICI Bank
HDFC Bank
Yes Bank
Kotak Mahindra Bank
HDFC
REliance CApital
Larsen
Sesa Goa
Tata Motors
Maruti
DLF
Unitech
Suzlon

Above bullish stocks will start building up in expectation of good financial results for Q2. We always wish our readers very happy trading week ahead.




September 24, 2008

This is the penultimate day of expiry and see huge volatility. Dow Jones was trading lower at the time of this posting. Most of the banking and finance stocks are down on US exchanges which can have impact on our private banking stocks like ICICI, HDFC, Kotal etc and they can drop lower coupled with PSU banks. So tommorow can be another down day for the market providing short term buying opportunity. Thus short term investors should buy selective stocks on decline. Stocks like Chambal, Nagarjuna, Oswal Chemicals, Renuka can be considered for short term investment. Avoid stocks like ICICI Bank, Reliance, Reliance Petro,RNRL. Trading range for tommorw session can be between 4050-4140. Weak stocks tommorow will be

ICICI Bank
SAIL
Reliance
Rcom
Nagarjuna
Chambal
Renuka
IFCI
HDFC Bank
Larsen
Siemens
ABB
BHEL

For long term purpose, MTNL can be considered as 3G spectrum launch will add some euphoria in the stock

Anyway, wish all of the readers a happy trading wednsday



September 23, 2008

Market is still moving in the advocated range of 4150-4300. But it very close to the lower band. Break below 4150 can take nifty towards 4000-4050 levels which can provide short-term buing opportunity. Today stocks on sellers target will be ICICI Bank, HDFC Bank, HDFC, SBI, PNB, Reliance, SAIL, Tata Steel, Reliance Infra. Stocks like Nagarjuna, Chambal, Renuka, RNRL, IFCI can loose some weight on the back of unwinding of future positions. Market will not go up sharply before expiry. Clear movement can come only after expiry.

Till then wish all of you a profitable trading day





Monday, 22 september 2008, 1.10 pm.

Market is likely to be rangebound today moving between range of 4150-4300 throughout the day. Banking stocks can face selling pressure especially ICICI Bank, HDFC Bank, Kotak Bank. Reliance will close in the negative territory today and can fall back towards 1950 levels if their is heavy profit booking which seems unlikely. Stocks like Rcom,SAIL, NALCO, Hindalco will remain under pressure. Reliance Infra and other power stocks can face mild profit booking. Cairn India will outperform overall markets.

LOwer targets for stocks are

ICICI Bank 570-580
Reliance 1925-1960
SAIL 136
Reliance INfra 840



September 25-26, 2008

Last week market moved according to our predictions as nifty bounced back from it's stronghold of 3800 as expected. Thus nifty has formed double bottom at those level and now it will be difficult level to be broken over next month. If nifty breaks below those levels then there can be very sharp fall below those levels. Nifty can post some gains initially but gains should not be as sharp as last couple of sessions. Stocks like ICICI Bank with some other banks will come under pressure as crude had touched 103.90 levels(up very sharply) coupled with higher inflation last week. Thus banking stocks can take a hit again if crude continues it's march because of resolving of crisis which can prompt crude demand (atleast expectations). This can boost crude oil towards 110 level which can prove bad for banking sector coupled with reality sector and tightening credit by RBI will have greater chance in october. Reliance can outperform the market as it's has struck gas in D-1 block. But traders can take this advantage of news to sell the stock and take stock further downwards as stock is not completely out of woods. Sugar and fertiliser stocks can outperform in near future. Chambal, Nagarjua, Balrampur, Oswal Chemicals, Assam Company, Ramco Systems, Jayant Agro can perform well in the near future as fundamentals of above stocks looks very strong. People should use Renuka Sugar for short term trading only as it makes movements very swiftly. Next week our views on some key stocks are given below:

Bullish
Renuka Sugar
Chambal Fertiliser
Nagarjuna Fert
Oswal Chemicals
Assam Company
Ramco Systems
Jayant Agro Orga.
Power Grid
NTPC
Reliance Infra
Cairn
ONGC
Bharti
Rcom
Idea
Tata Motors
Maruti
Ashok Leyland
Larsen
Bhel
Siemens
ABB



Following stocks can be bearish

ICICI Bank
SBI
PNB
Bank of INdia
DLF
Unitech
HDIL
Indiabulls Reality
Reliance
RNRL
SAIL

We hope that people may be enjoying the homepage to their advantage. Wish all of you a profitable week ahead.


September 18, 2008

Today will be terribe thursday and their will be gap down which can test july lows immediately. Stocks like Reliance, SAIL, Tata Steel, bankig stocks, reality, power and capital goods will open with the gapup. Any panic bottom in banking stocks can provide buying opportunity. Buying can be done in SBI, PNB today for short term bucks. SBI can recover from lower levels in short term. SAIL will tank as unwinding will hit the stock as open position is huge in the stock. Buy small stocks like Assam Company, Nagarjuna Fert, Oswal Fert, Chambal,Renuka,Balrampur etc. i.e. buy fertilisers and sugar stocks


Week 15-19 september 2008

Market ended as per our anticipation and moved down below 4250 levels. Close below 4250 levels is negative for market and further forming new troughs are possible. Key support for nifty is at around 4165 and resistance at around 4350 levels. Markets touching resistance looks very much difficult. Any upmove in the tommorow morning will be sold off immediately as it looks from the movements of the markets. Next week market may touch level between 4000-4050 which can be short-term bottom for nifty. Sectors to be watched next week are metals, oil, engineering, power, pharma. These sectors will remain volatile next week (mostly can come under pressure and then bounce back. Following is our anticipation on the individual stocks


Weak Stocks next week are

SAIL
Tata Steel
Reliance
Reliance Energy
Tata Power
Suzlon
Power Grid
BHEL
Larsen
ABB
Siemens
DLF
Unitech
Jaiprakash Associates
Parsvanath
HDIL
RNRL
Nagarjuna Fert
Oswal Chemicals
Balrampur
Bajaj Hindustan
Renuka

Stocks slitely positive are

ICICI Bank
SBI
PNB
Bank of INdia
HDFC Bank
Canara Bank
Reliance Capital
Bharti
Rcom
Idea

Above stocks may not make any sharp downward movements. Market may not fall much sharply but it will form lower bottoms in coming sessions from where it will get support for the upward move.

Wish all of you a very happy trading week






Week end on 12/ September 2008

Last week market made a movements according to anticipations. Tommorow and next week market will remain volatile and there will bout of buying and selling and market will keep gap down and gap up openings leaving no room for swing traders as they can be trapped at the wrong end of the movements. Thus traders should trader very cautiously over next week. Tommorow market will continue it's downward move and touch 4050 level in coming days for nifty. Volatility will at higher levels in banking, energy, metals and oil stocks including reality sectors. Market may touch bottom in this month and then can bounce back at higher levels. Watch out level of 3800 for buying opportunity below which nifty unlikely to crack. There is no certainty of movements going forward but we will like to recommend following stocks (investments) on decline

ICICI Bank
SBI
PNB
Bank of India
Tata Steel
Reliance Comm
Bharti
Infosys
Satyam
Wipro
TCS
Ranbaxy
Dr Reddy
Cipla
Cairn
Indiabulls Reality
HDFC Bank
DLF
Unitech
Jaiprakash Associates

Stocks on which wait and watch approach to be adopted are Reliance, RNRL, Reliance Petro, Reliance Power, Reliance Energy, Power Grid, BHEL, Larsen, ABB, Suzlon, Tata Power, SAIL, Nagarjuna Fert, Chambal, Balrampur, Bajaj Hindustan, Renuka as these stocks will swing wildly in these volatile sentiments. Among these, we are bearish on SAIL and Reliance. Reliance is likely to touch our target of 1925 and SAIL is likely to touch the target level of 118 in the very short run. Due to being out of station, full week was not covered this time, but watch out our homepage after saturday for further recommendations and clarity about the movements of the markets. Till then, wish all of you happy trading and investment







Week 1-5 september 2008

Last week ended almost as per our estimates and stocks in power, metals and Reliance tumbled on the pressure of expiry week. Reliance tumbled below 2100 whitin just half an hour on the day of expiry which was supposed to happen. Stocks like Reliance, Rcom, Reliance Infra, Reliance Power, SBI, ICICI Bank, Nalco almost achieved the targets mentioned. After heavy unwinding of F&O position thursday, weak hands have moved out of the market and market is likely to go into strong hands and it can easily drive up nifty towards 4650 levels where stiff resistance exists. Next week will be the week of laggards who were unable to move up in the past. Sectors to perform next week (bullish) are Banking & Finance, PSU's, Cement, Steel, Oil and heavy industries. Till thursday next week above sectors will outperform the overall market. Stocks to be bullish are as follows

ICICI Bank
PNB
SBI
HDFC Bank
HDFC
Bank of India
ACC
Ambuja Cements
Grasim
Tata Steel
SAIL
Sesa Goa
ONGC
Reliance Energy
Reliance Power
BHEL
Larsen
ABB
Siemens
Jaiprakash Associates

Following stocks will be neutral to bearish next week

Satyam
Infosys
Wipro
TCS
HCL Tech
Reliance
Reliance Petro
Ranbaxy
(above stocks need not fall immediately but will not go up with the market. Investors should not short above stocks. They should go long on bullish stocks in sectors like banking, cement, Steel etc and should stay away from Tech and mukesh ambani group as mentioned above).

Market can become shaky as it reach it's strong resistance levels going forward which are placed at 4650-4800-4950 levels. Investors and traders should partially book profits at above levels to cut their positions and wait for corrections which will imminent at those resistance levels. Nifty will not cross 5000 levels in immediate term. Resistance for monday will be 4393 levels which will not be very strong and it will be broken.

Wish all of you a happy trading week. I will not be available to all the boarders from 2-10 september on the occassion of Ganesh Festival. Again wish you happy trading day

Note : US market fell sharply on friday. But if there is any reaction in indian markets then it will be short-term buying opportunity rather than selling.




Week 25-29 august 2008

Market closed weak for the week and nifty touched level of 4250 level. As mentioned by in previous message market broke on the downside and closed to the level 4327. Market is still not out of woods as it enters in the expiry week of August 2008 series which expires on 28/08/2008. Market may find new range in the next week. Resistance for nifty for next week is revised to around 4393 level which is very crucial. On the downward side support exists at around 4165 level and it may not break in a hurry. But any negative news can dampen the market and nifty can fall upto 4050 level where strong support exists. Investors can start buying around these levels for short term. Stocks can give attractive returns from these levels. As mentioned last week banking, reality except auto stocks underperformed the overall market sentiments. Cairn India recovered from lower level of around 238.

Next week the market range will be 4165-4393 levels and market will try touch the level of 4165 being a lower band of the range. Next week there is no positive sector except bank (only if RBI does not take any action on rate hike front). Government is still sleeping on the inflation front and is proving how dormant it has. If government failed to control inflation then equities will not survive in the near term. Warfooting steps are required to control inflation and for that government has to compromise on the growth rate. If it is able to control inflation then growth at 5% can be even good which can provide good support for further development of indian market.

For next week market will be bearish and power and capital goods stocks will correct as NSG meet had proved inconclusive as we have mentioned in our most of the messages. Following stocks will be most weak next week.

Reliance Energy
Tata Power
Suzlon Energy
Power Grid
Reliance Power
BHEL
ABB
Larsen
Siemens
Jaiprakash Associates
Reliance Comm
Idea
Reliance
Reliance Petro

Following stocks will be neutral to bullish next week
ICICI Bank
SBI
PNB
HDFC Bank
HDFC
Maruti
Tata Motors
Ranbaxy

Investors should stay from reality stocks like DLF, Unitech, Parshvanath, Purvankara etc.

Wish you happy trading week. Suggestions from all of you are welcome to improve the homepage


Week 18-22 august 2008
Marketemained almost in the range mentioned of 4450-4600 with little breakout on the both the sides. Nifty went up at around 4650 and then sliped immediately. Nifty also broke the lower band and now had closed at 4430. Thus market will head start lower next week on the back of not so great cues on global front. Domestic developments will dominate market and fear of further rate hike / CRR hike will be on the minds of most of the traders. Market may open down on monday and may recover little bit and will fail to sustain the recovery and selling can come at higher levels. 4165 level is crucial from technical point of view. Traders should keep stop at around these level to avoid further losses. Next week banking, reality and auto stocks may face drubbing from traders. Metals may recover a bit but will succumb to the selling pressure and loose in the later part of the week. Cautious market with negative bias may weigh on the sentiments. Market also may face the negative rollovers to the next series of F&O. Thus further shorting may drag the stocks lower levels.
Cement, Oil, Mining, heavy goods sectors may outperform the market and may inch up.

21/08/2008

Market had closed on 20/08/2008 on positive note but rally was lacking conviction as it was on the base of low volumes, This rally will fizzle out tommorow and on days to come and market will fall sharply towards 4165 nand then 4000 levels. Thus buying should be postponed to next week to avoid more losses.


Following are the stocks which can be bullish or bearish according to us.

Bullish
ACC
Ambuja Cements
Grasim
Infosys
Satyam
Cairn

Bearish
ICICI Bank
SBI
PNB
Tata steel
SAIL
Maruti
Tata Motors
RNRL
IFCI
Reliance Comm.
Bharti
Idea
Reliance Energy
Tata Power
Power Grid
NTPC
Reliance Power
BHEL
Thus market must sustain above 4165. If it fails to remain above this level then it can head towards 3950 and then 3800-3850 levels where strong support exists. These movements can come within short span time as market has became heavy on the bull side and this can prompt unwinding of the positions in most of momentum stocks which can provide opportunity for the short term. These Stocks are RNRL, IFCI, Nagarjuna Fert, Chambal,Oswal, Ispat,Arvind Mills, Ashok Leyland.

Wish all of the traders and investors a happy trading week