Hiiii
Market as written again could not sustained at higher levels and and a sharp and sudden slide seen in the market from my said level of around 4490+.going forward market is still seems to be in the consolidation zone and it will remain in this zone for few days and higher levels unless goes beyond 4515+ will show again hammering or short selling.one should have a traders view and should long only above 4510+ if remains and closes as of now.
Our 30/07 Picks SBI REL RIL & BILT ZOOMS Especially SBI
Stocks For Trading:-
STATE BANK OF INDIA
GMR INFRA
RELIANCE ENERGY TGT 810+
RELIANCE INDUSTRIES
TATA STEEL
UNITECH
SATYAM COMPUTERS
Monday, July 30, 2007
Sunday, July 29, 2007
30th July
Hiii
Market as expected by me remained under pressure from higher levels again and it could not sustain above 4628+ closing base in the last weak and what happened on Friday is needless to say.to be frank I had not expected this kind of carnage in the market and no one would have imagined that,still market is not out of the woods and be ready to see some more hammer on Monday and on Tuesday,but one hope is still pending for the bulls and that is Ril s best and amazing numbers,they will try their hard to use this opportunity to support market from lower levels and also can lift market from the panic.
Stocks to Buy
Relince IND
State Bank of India
BILT
ONGC final tgt 1000+ in This Month
Market as expected by me remained under pressure from higher levels again and it could not sustain above 4628+ closing base in the last weak and what happened on Friday is needless to say.to be frank I had not expected this kind of carnage in the market and no one would have imagined that,still market is not out of the woods and be ready to see some more hammer on Monday and on Tuesday,but one hope is still pending for the bulls and that is Ril s best and amazing numbers,they will try their hard to use this opportunity to support market from lower levels and also can lift market from the panic.
Stocks to Buy
Relince IND
State Bank of India
BILT
ONGC final tgt 1000+ in This Month
Thursday, July 26, 2007
27th July
Hiiii
YESTERDAY HIGH ARE VERY CRUCIAL
FIRST 30 MINUTES WAIT AND WATCH IS A BEST STRATEGY OF NEW FO SERIES AUGUST 2007 .
Stocks:-
IFCI TGT IS 62++(2-3 DAYS POSITIONAL)
RELIANCE CAPITAL TGT 1325+
INFOSYS TGT 2058-2081
CIPLA
RELIANCE IND (FINALTGT 2!!!!)-POSITIONAL
RENUKA SUGAR
STOPLOSS IS AS USUAL 1% EXCEPT IFCI
YESTERDAY HIGH ARE VERY CRUCIAL
FIRST 30 MINUTES WAIT AND WATCH IS A BEST STRATEGY OF NEW FO SERIES AUGUST 2007 .
Stocks:-
IFCI TGT IS 62++(2-3 DAYS POSITIONAL)
RELIANCE CAPITAL TGT 1325+
INFOSYS TGT 2058-2081
CIPLA
RELIANCE IND (FINALTGT 2!!!!)-POSITIONAL
RENUKA SUGAR
STOPLOSS IS AS USUAL 1% EXCEPT IFCI
Wednesday, July 25, 2007
26th July D Day
Hiiiiiiii
Market as expected by me remained under pressure from higher levels and almost remained under pressure for all the day,while in the mid session and last trading hour attracted good short recovery from my said levels of 4545 as this is the rock support for the weak.Now due to expiry market may remain very very volatile with negative bias if holds below 4625,and in the downside it can sustain above the low made yesterday(25.07.2007),expiry would be within 4550-4625 and more likely it will be 4575+,rest depends on the world market cues.
Note : We booked our Intraday short @ 4560,and also went long around 4555-4560 .
Today OUR BTST RELIANCE ENERGY MCDOWELL ROCKED
Stock to buy:-
Mcdowell
Tata Steel
Reliance Energy
Reliance capital
sail
GMR Infra
Options For August:
GMR INFRA 1000CA
RPL 120CA
RNRL 47.5 CA
RELIANCE 1920 CA
Market as expected by me remained under pressure from higher levels and almost remained under pressure for all the day,while in the mid session and last trading hour attracted good short recovery from my said levels of 4545 as this is the rock support for the weak.Now due to expiry market may remain very very volatile with negative bias if holds below 4625,and in the downside it can sustain above the low made yesterday(25.07.2007),expiry would be within 4550-4625 and more likely it will be 4575+,rest depends on the world market cues.
Note : We booked our Intraday short @ 4560,and also went long around 4555-4560 .
Today OUR BTST RELIANCE ENERGY MCDOWELL ROCKED
Stock to buy:-
Mcdowell
Tata Steel
Reliance Energy
Reliance capital
sail
GMR Infra
Options For August:
GMR INFRA 1000CA
RPL 120CA
RNRL 47.5 CA
RELIANCE 1920 CA
Tuesday, July 24, 2007
25 JULY
Hiiiiiii
Market as expected by me remained under pressure from higher levels and almost remained under pressure for all the day,market may face some selling pressure below 4630 closing base and market can see some round of another profit booking in the coming days,in the coming days if market not recovers well then it can tumble more without any hesitation.on the other hand remain above 4600+ still there is no problem for short term bulls.
Stocks:--
Mcdowell
JET AIRWAYS
RELIANCE ENERGY
TATA STEEL
RNRL
BANK OF INDIA
BUY 47.5 CA RNRL AUGUST
BUY 780CA REL AUGUST
TGT: 70%
Market as expected by me remained under pressure from higher levels and almost remained under pressure for all the day,market may face some selling pressure below 4630 closing base and market can see some round of another profit booking in the coming days,in the coming days if market not recovers well then it can tumble more without any hesitation.on the other hand remain above 4600+ still there is no problem for short term bulls.
Stocks:--
Mcdowell
JET AIRWAYS
RELIANCE ENERGY
TATA STEEL
RNRL
BANK OF INDIA
BUY 47.5 CA RNRL AUGUST
BUY 780CA REL AUGUST
TGT: 70%
Monday, July 23, 2007
24 July!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hiiiiiiiiiiiii
Market has shown a good rally without worrying about global mkt and as written by me it also managed to stay above 4600 and it was my target since last weak.Market is seems to be overstretched to me now and a sharp decline is expected in the coming days,kindly don’t read it as an offer to short now as its not a shorting time now but longs should have a very strict stop loss now to safe their positions,market is no doubt still in the grip of bulls.
BE LONG ABOVE 4480
Stocks For Tomorrow
DLF
GMR INFRA
RELIANCE ENERGY
SAIL
TISCO
INDIAINFOLINE
SL 15
BUY 1000CA GMR EXPIRY SPECIAL
Market has shown a good rally without worrying about global mkt and as written by me it also managed to stay above 4600 and it was my target since last weak.Market is seems to be overstretched to me now and a sharp decline is expected in the coming days,kindly don’t read it as an offer to short now as its not a shorting time now but longs should have a very strict stop loss now to safe their positions,market is no doubt still in the grip of bulls.
BE LONG ABOVE 4480
Stocks For Tomorrow
DLF
GMR INFRA
RELIANCE ENERGY
SAIL
TISCO
INDIAINFOLINE
SL 15
BUY 1000CA GMR EXPIRY SPECIAL
Saturday, July 21, 2007
23rd July
Hiiiiiiiiiiiiiiiiiiii
Market has shown the Chinese impact adversely and it reacted very sharply from its record high made in intraday.in the coming days market can have few resting days before any further upmove as in the tandem of global cues.market seems to be over heated and over stretched now so one should be very cautious in the long side and should have a typical approach towards the mkt.
Stocks :-
Reliance Energy
Bongeion Refinery
Tata Steel
Reliance Industries
IVRCL
RPL
Market has shown the Chinese impact adversely and it reacted very sharply from its record high made in intraday.in the coming days market can have few resting days before any further upmove as in the tandem of global cues.market seems to be over heated and over stretched now so one should be very cautious in the long side and should have a typical approach towards the mkt.
Stocks :-
Reliance Energy
Bongeion Refinery
Tata Steel
Reliance Industries
IVRCL
RPL
Thursday, July 19, 2007
20th July 2007!!!!!!!!!!!!!!!!!!
Hiiiiii
Market shown tremendous buying pattern and also short recovery in the mid session as low made yesterday was the rock support for the market and yesterdays close above 4465+ confirmed the way for the bulls to 4565 and it was my tgt in this week.todays buying shows that shorts are trapped very badly and for more surprisingly some big broking houses are also trapped badly as they are short since a very long time and their clients also.one thing is sure,this is not a shorting time rite now,so one should not think himself lucky or extra smart while shorting higher levels as if he is continuously loosing,when shorting time will come you will be confirmed by me,but before that either follow the trend and me or keep loosing money day by day, choice is yours,AAKHEER PAISA HAI APKAA.
Stocks
TCS
SATYAM COMPUTERS
RELIANCE ENERGY
PFC
TATA MOTORS
RELIANCE CAPITAL
TATA STEEL
&
CELESTIAL LABS(CASH)
SL 1%
Market shown tremendous buying pattern and also short recovery in the mid session as low made yesterday was the rock support for the market and yesterdays close above 4465+ confirmed the way for the bulls to 4565 and it was my tgt in this week.todays buying shows that shorts are trapped very badly and for more surprisingly some big broking houses are also trapped badly as they are short since a very long time and their clients also.one thing is sure,this is not a shorting time rite now,so one should not think himself lucky or extra smart while shorting higher levels as if he is continuously loosing,when shorting time will come you will be confirmed by me,but before that either follow the trend and me or keep loosing money day by day, choice is yours,AAKHEER PAISA HAI APKAA.
Stocks
TCS
SATYAM COMPUTERS
RELIANCE ENERGY
PFC
TATA MOTORS
RELIANCE CAPITAL
TATA STEEL
&
CELESTIAL LABS(CASH)
SL 1%
Wednesday, July 18, 2007
19th July 2007!!!!!!!!!!!!
Hiiiiii
Market shown some kind of selling from the top level and also due to profit booking,and it almost taken the support at my given level of 4450+ in intraday and also closed above my said level of 4465 as I was sure about it,going forward 4530+ can be kissed today but again it must close above this level for another round of buying by the bulls.well low made today will act a very vital role in the coming days.
Stocks:-
DLF
RELIANCE ENERGY
POWER FINANCE CORPORATION
ZEE NEWS
CAIRN INDIA
DENA BANK
Option Call:-
Buy Cairn 170 CA tgt 5-8(Positional)
Buy PFC 205 CA Tgt 8 (Positional)
Buy Reliance 1800 CA TGT 60
Market shown some kind of selling from the top level and also due to profit booking,and it almost taken the support at my given level of 4450+ in intraday and also closed above my said level of 4465 as I was sure about it,going forward 4530+ can be kissed today but again it must close above this level for another round of buying by the bulls.well low made today will act a very vital role in the coming days.
Stocks:-
DLF
RELIANCE ENERGY
POWER FINANCE CORPORATION
ZEE NEWS
CAIRN INDIA
DENA BANK
Option Call:-
Buy Cairn 170 CA tgt 5-8(Positional)
Buy PFC 205 CA Tgt 8 (Positional)
Buy Reliance 1800 CA TGT 60
Tuesday, July 17, 2007
18th July 2007!!!!!!!!!!!!!!!!!1
Hiiiii
Market shown some kind of selling from the top level and also due to profit booking,first time after a few days,as written by me yesterday that it can have some resting days of consolidation before any big upmove.needless to say one more thing has to be keep in mind that 4525+should be a major hurdle now for the time being on closing basis.
NIFTY Ultimate TGT 4650
Long above 4460+
Use this opportunity to Buy Only
Keep Profit Booking also
Stocks To Buy:---
SATYAM COMPUTERS
SUGAR STOCKS : RENUKA/BALRAMPUR
KTK BANK
WIPRO
DLF
RELIANCE ENERGY
Tata Steel/Tata Motors
StopLoss : 1%
Option Call:-
Buy Reliance Higher CA
Buy Balrampur Chini 80CA
Market shown some kind of selling from the top level and also due to profit booking,first time after a few days,as written by me yesterday that it can have some resting days of consolidation before any big upmove.needless to say one more thing has to be keep in mind that 4525+should be a major hurdle now for the time being on closing basis.
NIFTY Ultimate TGT 4650
Long above 4460+
Use this opportunity to Buy Only
Keep Profit Booking also
Stocks To Buy:---
SATYAM COMPUTERS
SUGAR STOCKS : RENUKA/BALRAMPUR
KTK BANK
WIPRO
DLF
RELIANCE ENERGY
Tata Steel/Tata Motors
StopLoss : 1%
Option Call:-
Buy Reliance Higher CA
Buy Balrampur Chini 80CA
Monday, July 16, 2007
17th July 2007!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hiiiii
Market remained in a range bound zone as 4520+ may act now as a short term resistance before further move towards 4600-4650+.market may consolidate between 4525-4465 for few days as of todays trade.still market is in the grip of bulls so selling in panic is not advisable and use panic/dips to go long with said stop loss.
Stocks:-
Reliance Capital
ICICI Bank
Petronet LNG
Cairn India
RCOM above 570
Kotak bank
Vijya bank
ADLABS
stoploss 1% only
Option:
Buy TCS 1140 CA
Buy Cairn India 170 CA TGT 6-8
Market remained in a range bound zone as 4520+ may act now as a short term resistance before further move towards 4600-4650+.market may consolidate between 4525-4465 for few days as of todays trade.still market is in the grip of bulls so selling in panic is not advisable and use panic/dips to go long with said stop loss.
Stocks:-
Reliance Capital
ICICI Bank
Petronet LNG
Cairn India
RCOM above 570
Kotak bank
Vijya bank
ADLABS
stoploss 1% only
Option:
Buy TCS 1140 CA
Buy Cairn India 170 CA TGT 6-8
Saturday, July 14, 2007
16th July!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hiiiiiiiiiiiiiiiii
Market as expected shown a very sharp and decent gain above 4400+with the very enthusiastic clue from global market and hit a all time high as expected by me some time ago,the main thing which I want to see is the next couple of days trading pattern,if any strength seen in the coming days too then no doubt below mentioned levels is nothing,to be achieved,and one can expect a stunning run up continue in the future .
As of Now stay long in every Dip & enjoy the bull run till 4600+++
Advice :
If you are not comfortable in the market, avoid but do not play for short sell, otherwise you wil loose everything
Stocks to Buy:-
ONGC
INDUSIND BANK ABOVE 57
TATA STEEL FOR TGT 730++
RELIANCE ENERGY
RELIANCE CAPITAL
RCOM
CAIRN INDIA
DLF ABOVE 610 ONLY
stop loss : 1%
OPTION CALL
BUY SATYAM 500 CA TGT 20+
BUY ONGC 900 CA TGT 30+
Market as expected shown a very sharp and decent gain above 4400+with the very enthusiastic clue from global market and hit a all time high as expected by me some time ago,the main thing which I want to see is the next couple of days trading pattern,if any strength seen in the coming days too then no doubt below mentioned levels is nothing,to be achieved,and one can expect a stunning run up continue in the future .
As of Now stay long in every Dip & enjoy the bull run till 4600+++
Advice :
If you are not comfortable in the market, avoid but do not play for short sell, otherwise you wil loose everything
Stocks to Buy:-
ONGC
INDUSIND BANK ABOVE 57
TATA STEEL FOR TGT 730++
RELIANCE ENERGY
RELIANCE CAPITAL
RCOM
CAIRN INDIA
DLF ABOVE 610 ONLY
stop loss : 1%
OPTION CALL
BUY SATYAM 500 CA TGT 20+
BUY ONGC 900 CA TGT 30+
Thursday, July 12, 2007
13TH JULY
Hiiiiiii
Market has given a close above 4400+ after a long times tussle between bulls and bears and it is a good sign for the market if this level can be saved by the bulls in the coming days.we had a positive view above 4400+ and once market crossed above this mark we saw a all round buying in the market.going forward we have to see whether we can have one more close above 4456+ or not,because this is the level that has to be crossed very decisively to have a tgt of 4550-4600+.
Stocks:-
TISCO
CAIRN INDIA
REL ENERGY
IDBI
ICICI BANK
Market has given a close above 4400+ after a long times tussle between bulls and bears and it is a good sign for the market if this level can be saved by the bulls in the coming days.we had a positive view above 4400+ and once market crossed above this mark we saw a all round buying in the market.going forward we have to see whether we can have one more close above 4456+ or not,because this is the level that has to be crossed very decisively to have a tgt of 4550-4600+.
Stocks:-
TISCO
CAIRN INDIA
REL ENERGY
IDBI
ICICI BANK
Wednesday, July 11, 2007
Tuesday, July 10, 2007
Hiiii
Market has not shown any confidence on the higher levels and a shorts and profit booking seen in the market from higher levels ahead of infosys numbers as market is not expecting any good news from the tech leader.higher levels may still not looking too safe to enter and dips or panic is not so good to short and hold.the best policy is to enter in breakout stock or to buy a stock in panic rather than going short,as of now buyers are getting excellent opportunity to exit.Kindly don’t show your greed to short rising stocks as you are doing or othterwise you may be in trouble.
Stocks:-
LUPIN
CAIRN INDIA
CESC
IVRCL
TATA STEEL
Strict Stoploss 1%
Market has not shown any confidence on the higher levels and a shorts and profit booking seen in the market from higher levels ahead of infosys numbers as market is not expecting any good news from the tech leader.higher levels may still not looking too safe to enter and dips or panic is not so good to short and hold.the best policy is to enter in breakout stock or to buy a stock in panic rather than going short,as of now buyers are getting excellent opportunity to exit.Kindly don’t show your greed to short rising stocks as you are doing or othterwise you may be in trouble.
Stocks:-
LUPIN
CAIRN INDIA
CESC
IVRCL
TATA STEEL
Strict Stoploss 1%
Monday, July 9, 2007
10th July 2007
Hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
Mkt Outlook : Positive but stay cautious @ higher levels
Remain long abv 4370+
Nifty Target : 4450++
Stocks 2 Buy:-
CAIRN INDIA
MCDOWELL
TATA STEEL
RELIANCE ENERGY
BHARAT FORGE
RCOM
TTML
Option calls:
CAIRN INDIA 160 CA TGT 8-12
IDBI 130 CA TGT3-5
TTML 32.5 CA TGT 1.5
TATA STEEL 640 CA TGT 30
Positional call:-
ESSAR OIL
BONGEION REFINERY
RPL
BALAJEE TELEFIMS
DIVISLAB
(5%-10% Upside from CMP within 5-6 sessions)
HAPPY TRADING
NIFTY CALL:-
BUY 4400 CALL @ CMP & 4300 PUT @ CMP
FOR PROTECTION
Mkt Outlook : Positive but stay cautious @ higher levels
Remain long abv 4370+
Nifty Target : 4450++
Stocks 2 Buy:-
CAIRN INDIA
MCDOWELL
TATA STEEL
RELIANCE ENERGY
BHARAT FORGE
RCOM
TTML
Option calls:
CAIRN INDIA 160 CA TGT 8-12
IDBI 130 CA TGT3-5
TTML 32.5 CA TGT 1.5
TATA STEEL 640 CA TGT 30
Positional call:-
ESSAR OIL
BONGEION REFINERY
RPL
BALAJEE TELEFIMS
DIVISLAB
(5%-10% Upside from CMP within 5-6 sessions)
HAPPY TRADING
NIFTY CALL:-
BUY 4400 CALL @ CMP & 4300 PUT @ CMP
FOR PROTECTION
Sunday, July 8, 2007
Nifty & Stocks Outlook
Nifty Strong Base : 4320
Support : 4344
CLOSING ABV THIS LEVEL FOR 2-3 DAY MORE U Cn see 4450-4471-4500
stocks:-
Reliance IND sl 1680 TGT 1730-1750
If hold 1730-1750 levels Target is 1770 - 1820
Infosys
SL 1930
Target 1990-2015
If hold 1990-2015 levels tgt 2045-2100
State bank of India
sl 1550
target 1635 - 1680 levels
RPL
Positional Target : 130-145 if holds 108 levels
Support : 4344
CLOSING ABV THIS LEVEL FOR 2-3 DAY MORE U Cn see 4450-4471-4500
stocks:-
Reliance IND sl 1680 TGT 1730-1750
If hold 1730-1750 levels Target is 1770 - 1820
Infosys
SL 1930
Target 1990-2015
If hold 1990-2015 levels tgt 2045-2100
State bank of India
sl 1550
target 1635 - 1680 levels
RPL
Positional Target : 130-145 if holds 108 levels
Saturday, July 7, 2007
9th July
Hiiiiiii
Market again shown a good buying from lower support of around 4300+ and tech conters helped market to regain its lost shine in second half and market almost remained in the bulls grip,technically market is now standing at a junction from where it has to decide its next big move in the either side.next two to three days are very crucial for the market,but as of now it will keep inching up day by day until any wrong news or any negative sentiments.
Weekly chart showing still market strong buy mode only, but daily chart only now
Overbought conditions, coming middle of the week some profit taking expected
But closing of the week expected bullish only buy stocks when market down.
Stocks
Gujrat Ambuja
SAIL
TATA STEEL
RELIANCE ENERGY
INDIA INFO
SATYAM COMP
WIPRO
Market again shown a good buying from lower support of around 4300+ and tech conters helped market to regain its lost shine in second half and market almost remained in the bulls grip,technically market is now standing at a junction from where it has to decide its next big move in the either side.next two to three days are very crucial for the market,but as of now it will keep inching up day by day until any wrong news or any negative sentiments.
Weekly chart showing still market strong buy mode only, but daily chart only now
Overbought conditions, coming middle of the week some profit taking expected
But closing of the week expected bullish only buy stocks when market down.
Stocks
Gujrat Ambuja
SAIL
TATA STEEL
RELIANCE ENERGY
INDIA INFO
SATYAM COMP
WIPRO
Thursday, July 5, 2007
6th July
Hiiiii
Stocks 2 buy
RELIANCE ENERGY
MTNL
DLF
Option call
Buy Balrampur sugar 80 ca tgt 5-7(positional)
Buy ICICI BANK 1040 CA
Stocks 2 buy
RELIANCE ENERGY
MTNL
DLF
Option call
Buy Balrampur sugar 80 ca tgt 5-7(positional)
Buy ICICI BANK 1040 CA
Wednesday, July 4, 2007
5th July 2007
Hiiiii
Market have witnessed a all round buying in some good heavy weights counters including sbin,reliance,tatasteel,and remained in the bulls grip all the day,this is to be noted that I am not saying here to go short in this market,the only advise is to stay long but with a very strict stop loss,as needless to say whatever high made yesterday was my target since last ten days.BUT I AM STILL HOLDING MY WORDS,DON’T RUN TO BUY AT EVERY PRICE,YOU MAY BE LEAD TO SELL IN PANIC OTHERWISE.if you are hungry to keep your legs into the market,use dips to buy.
Stocks
Tata Steel
TTML
India INFO
Market have witnessed a all round buying in some good heavy weights counters including sbin,reliance,tatasteel,and remained in the bulls grip all the day,this is to be noted that I am not saying here to go short in this market,the only advise is to stay long but with a very strict stop loss,as needless to say whatever high made yesterday was my target since last ten days.BUT I AM STILL HOLDING MY WORDS,DON’T RUN TO BUY AT EVERY PRICE,YOU MAY BE LEAD TO SELL IN PANIC OTHERWISE.if you are hungry to keep your legs into the market,use dips to buy.
Stocks
Tata Steel
TTML
India INFO
Tuesday, July 3, 2007
4TH JULY
Hiiiiiii
Cash: Grab Vishal Retail New baby upside 100+ from buying price
Tata steel
Pantaloon
Moser bear
Dena bank
Essar oil
Cash: Grab Vishal Retail New baby upside 100+ from buying price
Tata steel
Pantaloon
Moser bear
Dena bank
Essar oil
Monday, July 2, 2007
Mission 15000!!!!!!!!!!!!!!!!!
Hiiiiiiiiiiiiiii
15,000 is about 300 points from here, which is about 2% for the market. In terms of that, it's not really a significant additional gain required, although, it’s a big psychological number. Over the past two years, we have seen that once market is in new highs, we should not really keep targets, because market has a tendency of going higher than you think on the upside and lower than you think on the downside.
If the market continues to hold its new highs, like today and the market breadth continues to remain positive and some of the frontline stocks continue to make new highs, then it could be 15,000 or higher soon.
May be this week
So what we have now is increasing number of sectors that are posting gains on a regular basis in the market. The other good thing is that during the last two to three weeks, when so many market players were negative on the market, the market breadth was mostly positive and the midcap and the smaller companies continue to post gains. So in terms of breadth, the markets continue to remain healthy and never deteriorate. I would think the market continues to be in reasonable good shape and one should hope for further gains.
Big boy:-
Reliance
Reliance is in a narrow range for the last few days and is a share that doesn’t remain quiet for too long. If that stock also starts making new highs, then that would add to the strength of the market. In case, that breaks down, then it might change a bit. But largely, Reliance has done well and there is no reason to believe that will change.
One shouldn’t really have a target when market is at a new high, it is important to note whether market continues to remain in an uptrend or not and new highs means there are no target in that sense.
BE STOCK SPECIFIC.....
15,000 is about 300 points from here, which is about 2% for the market. In terms of that, it's not really a significant additional gain required, although, it’s a big psychological number. Over the past two years, we have seen that once market is in new highs, we should not really keep targets, because market has a tendency of going higher than you think on the upside and lower than you think on the downside.
If the market continues to hold its new highs, like today and the market breadth continues to remain positive and some of the frontline stocks continue to make new highs, then it could be 15,000 or higher soon.
May be this week
So what we have now is increasing number of sectors that are posting gains on a regular basis in the market. The other good thing is that during the last two to three weeks, when so many market players were negative on the market, the market breadth was mostly positive and the midcap and the smaller companies continue to post gains. So in terms of breadth, the markets continue to remain healthy and never deteriorate. I would think the market continues to be in reasonable good shape and one should hope for further gains.
Big boy:-
Reliance
Reliance is in a narrow range for the last few days and is a share that doesn’t remain quiet for too long. If that stock also starts making new highs, then that would add to the strength of the market. In case, that breaks down, then it might change a bit. But largely, Reliance has done well and there is no reason to believe that will change.
One shouldn’t really have a target when market is at a new high, it is important to note whether market continues to remain in an uptrend or not and new highs means there are no target in that sense.
BE STOCK SPECIFIC.....
Sunday, July 1, 2007
Stocks
Hiiii
STOCKS TO BUY:
Balrampur Sugar Tgt 80++
India Info Tgt 750++
Bindal Agro tgt 39++
Bombay Dying
Lupin
GMR infra
Option Call :
Buy ICICI BANK 1000 CALL
Buy BALRAMPUR CHINI 75 CALL
Buy Nagarzuna Fertilizer 25 Call
Buy TTML 30/32.5 Call
Buy cairn 150 call tgt 7-8
Return : 50%-100% expected
STOCKS TO BUY:
Balrampur Sugar Tgt 80++
India Info Tgt 750++
Bindal Agro tgt 39++
Bombay Dying
Lupin
GMR infra
Option Call :
Buy ICICI BANK 1000 CALL
Buy BALRAMPUR CHINI 75 CALL
Buy Nagarzuna Fertilizer 25 Call
Buy TTML 30/32.5 Call
Buy cairn 150 call tgt 7-8
Return : 50%-100% expected
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