06/04/2010

SGXNIFTY: UP 15
HANG SENG:
NIKKEI: DOWN 47
SHANGHAI: UP 16.3
DOW: UP 46.48
NASDAQ: UP 26.95

Global Market update 8.32am on 05/04/10 Dow up 0.4% Nasdaq up 1.1%. On 06/04/10 SGX Nifty up 15 points.

Outlook for Today : Mrkt to open positively following strong global cues. Important support on the Nifty is 5,250 while 5,350 is acting as a crucial resistance

Buy Dena Bank LTP Rs.82.65 stop loss Rs.79 target Rs.88. 2)Buy ABB LTP Rs.845 stop loss Rs.832 target Rs.865


Buy GESHIP at 304.40 .TGT Rate 314 TGT Date 6-Apr SL 299


Buy SUZLON at 75.40 TGT Rate 81.50 TGT Date 8-Apr SL 73.50

Reliance Industries stock is a case of 'when the f
Buy Marico on dips, avoid Bharti
Jackpot buy INDBNK 523465

Buy ZEEL at 281.60 TGT Rate 291 TGT Date 8-Apr SL 276.50

Buy ABB for target of Rs 865: Religare
Buy Hindalco for target of Rs 195-196: Karvy
Reliance Infra - Buy w/ stop loss below Rs 1058:

Buy DLF for target of Rs 340: India Infoline
Buy Chambal Fertilisers 4 target of Rs 69: India I
Buy Sterling Biotech 4 target of Rs 130:

Buy JINDALSTEL at 718 TGT Rate 732 TGT Date 7-Apr SL 710


Buy DLF for target of Rs 340: India Infoline
Buy Chambal Fertilisers 4 target of Rs 69: India I
Buy Sterling Biotech 4 target of Rs 130:

Buy RELIANCE CAPITAL 800 CALL between Rs.20 - Rs.25 Target Rs.35 in 2 - 3 days. Stop Loss = Rs.18 on closing Basi

Buy Colpal between Rs.682 - Rs.690 Target Rs.731 in 2-5 days. Stop Loss = Rs.673 on closing basis


Buy OnMobile between Rs.404 - Rs.407 Target Rs.432 in 1-3 days. Stop Loss = Rs.396 on closing basis

Buy Kotak Bank between Rs.775-770 Target Rs.800 in 1-2 days. Stop Loss = Rs.765 on closing basis

Indian Market May Trade Range-bound - The Indian market may open on a flat to slightly higher note Tuesday, tracking positive Asian cues. Besides, growing optimism over fourth-quarter earnings by India Inc and sustained buying by foreign funds may help stocks extend their previous session's gains. However, relatively expensive valuations and expectations of another hike in policy rates could lead to a little bit of intra-day volatility.

Buy Hind Oil Exp (500786) between Rs.256 - Rs.250 Target Rs.280 in 10 days. Stop Loss = Rs.248

FLASH NEWS:Supreme Court hs anouncd dat any prsn who meets road acidnts cn b takn 2 nearby hospital imediatly.Hospital must not ask police report 2 admit him, its doctrs duty 2do 1st aid.Police cn b informd latr,b aware f tis gr8 help.Pls pass dis 2al,rathr dan fwdng othr unwantd msgs.plz fwd,it mi8 help Any1

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05/04/2010

Patni promoters in talks w/ global, local cos 2 se
Take the loan route to reap Esop bonza
Day Trading


Nifty intaday support at 5329 if holds upside targt and resistance is at 5338, close above 5338 is bullish and next target would be 5370-5390


Metal stocks are positive. 1)Buy Hind. Zinc LTP Rs.1241 stop loss Rs.1215 target Rs.1280

NIFTY TO OPEN UP BY 25-35 POINT. RESISTANCE IS 5350


Buy DLF at 315 .TGT Rate 323 TGT Date 6-Apr SL 309


Stocks 2 watch: Patni, ICICI,Rel Capital, DLF, Hei
Merrill Lynch puts buy on Infosys Technologies
Citigroup puts buy on DB CorpStocks in NewsStocksM

Patni promoters in talks to sell stake - Japanese strategic investors, clutch of US tech firms and L&T Infotech among cos in race.


Buy BIOCON at 305 TGT Rate 316 TGT Date 6-Apr SL 300


Aditya Birla Chemicals: Value buy 4 long-term inve
Buy & hold Hotel Leela Ventures; stoploss


Nifty support may come at 5200 level - As we step into the new financial year which marks the beginning of the earnings season, indications from the derivative statistics are giving bullish signals.


Buy JSWSTEEL at 1272 TGT Rate 1300 TGT Date 6-Apr SL 1257

Buy BHEL at 2430 TGT Rate 2460 TGT Date 6-Apr SL 2415

Yuan casts shadow over US-India talks - Yuan casts shadow over US-India talksBoth the United States and India will be simultaneously pushing trade and foreign exchange agendas with China. Yuan Battle | Positive sentiments keep global markets up

CORRECTION BTST BUY MNM 545 SL 538 TRGT 560

Niftys next target range 53805390:Sandeep Wagle
Buy Suryachakra Power 4 target of Rs 41: CD Equise
Bank Nifty a good bet this time around: Sajiv Dhaw


The central board of direct taxes wants to prosecute tax evaders under the tough anti-terror financing law, even as it looks to adopt a more friendly approach towards honest tax payers.



Sensex hits 17800;banks,realty,oil&gas gain - Sensex hits 17800;banks,realty,oil&gas gainMarkets opened on a firm note on Monday taking cues from Asian peers. Top 5 picks | Gold in demat form | Gainers, losers & recos | Pay tax, convert black money to white


The market is looking positive, says PK Agarwal of Purpleline Investments, on Zee Business. FIIs have been net buyers and result season is expected to be good, he says. He is bullish on auto and infrastructure space. Buy Ashok Leyland, JP Associates and Escorts for more near-term gains.

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