wedding season

Some of cloz frnz r tying thr nuptial nots this weeknd so shall not b able to uodate thhis space for a coupl f daz.....
regret inconvenience caused, if any

alta-lavista babyy!

29 Jan 2010

NIfty views :
below 4825 further 100 points freefall not ruled out. Mkts expected to b choppy so traders cud face flake both ways. Recommeding 'waiting' before clear buy/sell signals emerge


Short term calls:
No trading calls for today

28Jan 2010

NIfty views :
Above 4855 a rise of 100 points shud b easy. Beyond it b careful of 'ellusive' highs created by Shorters for initiating fresh short positions n thus liable to volatile swings.
Support lies at 4815.
Do note that volatility can also be ascribed to FnO expiry today so refrain going leverage into the day.

Short term calls:

• ITC(0nly if volumes support)

Note to the Readers:
As i have also noted in prev posts that during 'bearish' days, there is a tendency of certain stocks(trade name : 'Defensive picks') to attract investors to park money meanwhile. My yesterday n todays' picks underline the very same idea to a regular observer of this space :)

27 th Jan 2010

NIfty views :
Compromise of 4940 shall lead a collapse of another 100 points for nifty. The Bears sure hold d reins for now

Short term calls:

• Hindustan Unilever(0nly if volumes support)

Xtended weeknd

Hi All !
Wishing u all a very hapi Republic Day.
I shall b busy with certain friends' marraiges' & the Dover Lane Music Conference. Shall catch back after 26th.

21 Jan

Nifty views :
Immediate short term view has turned to SELL mode. 5160 can c a respite but evetually it has to give way to 5140.

No Buy calls. Try n book profit & dont look for 'fresh' buying

Sell can be initiated in Reality Scrips like DLF, Orbit Corp.

20 jan

nifty views:
5210 must hold else 5180/40 can b on cards in no time. Whilst upmove shall be challenged at 5235

Buy :
Jindal steel n power
GIC housing finanace(ONLY if 'volumes' support)

Punter calls:
GSPL(Guj State Petronet Ltd)

19 Jan

NIfty views:
5225 must hold just like yesterday to keep the reins with the bulls which shall face immediate resistance at 5285.

Buy :

• Bank of Rajas.
• Aarti Indus(yes! we wait another day for the crossover to happen as elucidated in y'day post)
• Jindal steel & power

18 Jan

Nifty views :
5125 should hold for any upmove. Global cues are not supportive but Q3 earnings have boosted the morale. Even if bears take the rein, the damage shall be limited.

Buy :
Technical short-term calls :

• Aarti Industries(Crossover above 51.25 would be a leap to watchout for as also explained in charts using Gann Fan)
• DhanBank
  

Punter calls(Risky,chances of it being rumor not ruled out)

• MRPL

RTU -- 15 jan

Real time updates

1030 hrs IST : Looking to buy my previos calls on dips like BlueBird

1100 hrs IST : Took fresh long position in my previos call K Sera Sera

15 Jan

Nifty view:
Crucial levels to hold 5125. Below which 5140 is a possiblity.
So awaiting a dip to do fresh buying.

No stock specific calls today.
Daredevils can look at buying Laxshmi Vilas Bank. Its a high risk bet. :)

14 Jan

Nifty views :
Mildly +ve vibes expected of markets today, that is, still we have 'positional Bullishness' very much intact though immediate short term bearishness is definetly there.
Support at 5200 & resistance at 5265/85.

Picks for today :
Long term : as emphasized in earlier posts buy ABB on dips & accumulate.
Short-term : Vishesh Info

Punter News : TTML(Tata Teleservices Mah. Ltd) [Updated 12 noon]

13 Jan

Nifty Views :
Mkts have closed weakly yesterday. Nifty can look into 5120 if 5185 is violated. For 'positional-longs' 5120 is important to hold.
Global cues r also -ve & some new interest rate news from China can bring in further gloom.
Volatile session expected with 5220/5250/5280 as resistance to any upmove

Long term pick : Infosys(>2620)
Short-term buy pick : K Sera Sera Production, Dish TV
Hanung toy(>124)

12 Jan

Nifty levels of 5250 still hold the key.
Subsequent levls where it can take a breather r 5230,then 5195.
Below which some weakness can percolate upto 5140 .

But there cud b some cheer note due to good numbers posted by Infy for the 3rd quater
Another concern is Crude trading above 200 EMA for 2 trading sessions(i.e. its costly as of now)

Anywayz, ABB & Dlf look strong for couple of weeks. Buy them on dips.
Short-term pick : BlueBird

Taking profit off the table is also an art during mkts looking weak. So watch out!

Cheers.

11 Jan 2010

Over n above, avoid 'Longs' if nifty opens below 4270

if so,
Buy Spice Mobile("Bullish Engulfing*" candlestick formation)

Long term buy : ABB("Gann Resistance*" crossed after a lot of consolidation)
Short-trm buy : Northgate(Strong buy), Hindustan unilver

8 Jan 2010

Nifty Views :
below 5280 downtrend is confirmed & if downfall doeesnt hold at 5240, then 5200/5150 are easy way downhill...

Weak Scrips :
One may look at shorting weak scrips on "evry rise" but do NOT get caught in whip-saw buying
One may look at following counters for this purpose : Sesa Goa, IT Scrips(Infy,TCS,HCL tech)

New Yr wishes n More

Trading calls for 1st trading day 2010

Buy :
Laxshmi Vilas bank
birla power