Tuesday, January 19, 2010

morning thoughts..

We said that the markets are cautiously up and the indices bounced right from the support zones of 5240 and in turn has created a crucial support level at 5232 on nifty front.
Technically the trend of the markets are still cautiously up and can see more upsides with jittery and choppy moves.
The markets are assumed to be up as long as 5232 is held , amidst such volatile moves one should concentrate on stock specific moves and not bother about indices where gains in percentage terms would be less.
On the upside nifty will continue to face stiff resistance around 5300 zones , above which nifty can inch to 5375 levels.
From a trading point of view , one should remain long as long as 5232 is held.
The coming session is likely to be volatile , with stock specific movement and sideways consolidation for indices.
The supports for the nifty is at 5232 levels and resistance at 5300 levels.
The supports for the sensex is
at 17300 levels and resistance at 18000 levels.


Stocks to watch

Bil , apcotexinds , rolta looks good

www.astroeyes.co.cc

With mercury in retrograde position and Saturn in virgo a big and huge move of 4000 points in sensex and 1300 points in nifty is coming before 1 april , it will be the biggest and fastest moves..


Yesterday’s calls sent via sms and messenger

Gmdc – buy at cmp 171.50 sl 170 targets 176 , went 175.60

Neyveli lignite – buy at cmp 167 sl 165.50 targets 171 , went 174.70

Sail – buy at cmp 236.40 sl 235 targets 240 , went 237.90

Punj lyod – buy at cmp 217.75 sl 216 targets 221 , went 219.40

Rolta – buy at cmp 205 sl 203 targets 209 , went 208.40

Praj inds – buy at cmp 106.75 sl 105.90 targets 110 , went 110.30

Dlf 380 ca – buy at cmp 14.65 sl 13.50 targets 18 , went 17.80

Sail 240 ca – buy at cmp 5.35 sl 5 targets 6.50 , went 6.10

Jackpot Bajaj hind – buy at cmp 228 sl x targets x – hit sl at 224

Fii Essar oil – buy at cmp 152.50 sl x targets x – 2 days (booked full profits at 155.50 the same day)

Dii Triveni eng – buy at cmp 115 sl x targets x – 2 days (booked full profits at 121 the same day)

Secret Mascot Gail – buy at cmp 428 sl x targets x – 2 days (booked full profits at 435 the same day)

Punter Mrpl – buy at cmp 87.60 sl x targets x – 2 days (booked full profits at 90 the same day)

Punter Dcb bank – buy at cmp 40 sl x targets x – 2 days (booked full profits at 41.20 the same day)

Dii Neyveli lignite – buy at cmp 168 sl x targets x – 2 days (booked full profits at 173 the same day)