INTRADAY BUY DLF ONLY ABOVE 288.50 STOPLOSS 284 TARGET 293 / 295 / 298 "CASH LEVELS"

NIFTY DAILY OUTLOOK DEC 30, 2010

On Wednesday, market opened on positive node and traded higher in the range thru out the day with buying across all the indices and closed up in green. Major buying interest was seen in FMGC, Metals and Banks. Volume for the day was higher then previous trading session. Market breadth was positive. Midcap index and Small caps index closed up in green.

For the day, the level of 6045 and 6015 may act as a major support for the market and the level of 6085 and 6115 may act as a major hurdle. Market may attract buying and be cautious at higher levels.

Medium term trend will turn positive above the level of 6065.

"Spot Levels" Day trader can go long on nifty above 6085 with stop loss 6060 for target 6115 / 6145 and can go short below 6045 with stop loss 6070 for target 6015 / 5985.

Index Range

Nifty: 6060.35
Range: 6015-6115
Resistance: 6085-6115-6145
Support: 6045-6015-5990

Bank Nifty: 11612.90
Range: 11450-11790
Resistance: 11680-11740-11790
Support: 11570-11510-11450

Short term: Up (5970)
Medium term: Down (6065)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  1768.80-1221.22= +547.58
DII:  803.82 - 974.16=   -170.34

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY SPOT SUSTAIN ABOVE 6045 WILL TRY FOR 6060 / 6073 / 6090

INTRADAY BUY DLF ABOVE 288.50 STOPLOSS 284 TARGET 293 / 295 / 298 "CASH LEVELS"

INTRADAY BUY DLF ABOVE 288.50
STOPLOSS 284

TARGET 293 / 295 / 298

"CASH LEVELS"

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK DEC 29, 2010

On Tuesday, market opened on positive node and traded in the narrow range thru out the day and closed down flat in red. FMGC, IT and Pharma attract buying whereas Oil & Gas, Auto, Capital Goods and Banks traded week. Overall it was slightly volatile trading session. Volume for the day was lower then previous trading session. Market breadth was negative. Midcap index and Small caps index closed up in green.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle. Market may attract buying.

Medium term trend will turn positive above the level of 6065.

"Spot Levels" Day trader can go long on nifty above 6025 with stop loss 5995 for target 6050 / 6080 and can go short below 5965 with stop loss 5995 for target 5940 / 5910.

Index Range

Nifty: 5996
Range: 5940-6050
Resistance: 6025-6050-6080
Support: 5965-5940-5910

Bank Nifty: 11427.30
Range: 11230-11630
Resistance: 11515-11570-11630
Support: 11350-11290-11230

Short term: Up (5970)
Medium term: Down (6065)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  1328.12-1219.09= +109.03
DII:  716.35 - 981.71=   -265.36

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

MARKET VERY BULLISH AVOID SHORT IN MARKET

BUY IBREALEST ABOVE 132.50 :: TARGET 155-160-165 :: TIME FRAME 3-4 DAYS

BUY IBREALEST ABOVE 132.50

CONDITION CLOSING REQUIRED ABOVE 132.50

STOPLOSS 125 CLOSING BASIS

TARGET 155-160-165

TIME FRAME 3-4 DAYS

OM SHRI GANESHAYA NAMAH

NIFTY WEEKLY & DAILY OUTLOOK DEC 27, 2010

Last week the range for market was given between 5835-5970, however market traded near the higher end of the range thru out the week and close at 6011.60. For this week keep on holding the long position as advice last week above the level of 5970, further long position can be added above the level of 6065 with stop loss  of 5930 on closing basis on nifty spot for target 6170 / 6280 / 6390. Our view remain positive on market, we recommend buy on dips. Further update would be given during the week.

For the day, the level of 5990 and 5960 may act as a major support for the market and the level of 6030 and 6060 may act as a major hurdle. Market may attract buying and buy sugar and banking stocks.

Medium term trend will turn positive above the level of 6065.

"Spot Levels" Day trader can go long on nifty above 6030 with stop loss 6000 for

target 6060 / 6085 and can go short below 5990 with stop loss 6020 for target 5960 / 5935.

Index Range

Nifty: 6011.60
Range: 5960-6060
Resistance: 6030-6060-6085
Support: 5990-5960-5935

Bank Nifty: 11477
Range: 11290-11625
Resistance: 11515-11570-11625
Support: 11405-11350-11290

Short term: Up (5970)
Medium term: Down (6065)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  1221.23-1206.41= +14.82
DII:  651.84 - 948.40=   -296.56

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Jingle bells Jingle bells Jingle all the way...wishing u all a Merry Christmas :) God Bless!!!

May Peace be your gift at Christmas and your blessing all year through !

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AGAIN REPEATING AVOID SHORT IN MARKET.... EOD NIFTY SPOT CHART - LONG - SHORT - VIEW

AGAIN REPEATING AVOID SHORT IN MARKET....

MARKET SOON HEADING FOR 6180-6210 LEVELS WITH MINOR HURDLE AT 6065 ALL SPOT LEVELS

IT'S SHORT ACCUMULATE ABOVE 6150 WITH SL 6280 WEEKLY CLOSING ALL SPOT LEVELS

6180-6210>>>>5400-5600

OM SHRI GANESHAYA NAMAH