:)) NIFTY MOVED AND UP MORE THEN 50 POINTS FROM THE ALERT MSG .......... ENJOY :))

OM SHRI GANESHAYA NAMAH

AVOID SHORT AT THESE LEVELS ... NIFTY SPOT STRONG SUPPORT BTW 6125-6120

AVOID SHORT AT THESE LEVELS ... NIFTY SPOT STRONG SUPPORT BTW 6125-6120
MARKET MAY BOUNCE BACK, AVOID SHORT IN MARKET ..... USE DIPS FOR BUYING
BEATAN DOWN STOCKS FOR THE DAY ARE BANK ... BUY SOME BANKS
NEXT SUPPORT 6095 BELOW 6125-6120
NIFTY SPOT SOON HEADING FOR 6280

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK JAN 04, 2011

On Monday, market opened on positive node and traded higher in the range thru out the day; however market failed to hold major gains of the day in final hour of trading session but manage to close up in green. Major buying interest was seen in Metals whereas IT and Auto attract selling pressure. Volume for the day was lower then previous trading session. Market breadth was positive. Midcap index and Small caps index closed up in green.

For the day, the level of 6125 and 6095 may act as a major support for the market and the level of 6180 and 6210 may act as a major hurdle. Market may attract buying.

Short term trend will turn negative below the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6180 with stop loss 6150 for target 6210 / 6135 and can go short below 6125 with stop loss 6155 for target 6095 / 6070.

Index Range

Nifty: 6157.60
Range: 6095-6210
Resistance: 6180-6210-6235
Support: 6125-6095-6070

Bank Nifty: 11855.80
Range: 11670-12015
Resistance: 11890-11945-12015
Support: 11780-11725-11670

Short term: Up (6060)
Medium term: Up (5970)
Long term: Up (5350)

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

Cat: Buy Val - Sell Val=   Net Val
FII:  1516.59-1175.62= +340.97
DII:  1044.56-1168.57= -124.01

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

AVOID SHORT IN MARKET ... NIFTY STILL BULLISH ..... SOME MORE JUICE LEFT OUT ....

AVOID SHORT IN MARKET ... NIFTY STILL BULLISH ..... SOME MORE JUICE LEFT OUT ....

NIFTY LIKELY TO HIT LEVELS NEAR 6280 .....

NIFTY JUST CAME DOWN TO FILL THE GAP

TODAYS LOW ON NIFTY SPOT 6147.20 ,,, FRIDAY HIGH ON NIFTY SPOT 6147.30

AGAIN REPEAT AVOID SHORT IN MARKET

OM SHRI GANESHAYA NAMAH

BUY FINANTECH AT MARKET, CLOSING 893.75 AS ON 31 DEC 2010

BUY FINANTECH AT MARKET, CLOSING 893.75 AS ON 31 DEC 2010
ADD MORE ABOVE 960 AND ACCUMULATE ON DIPS
STOPLOSS 750 CLOSING BASIS
TARGET 1150 / 1325

OM SHRI GANESHAYA NAMAH

BUY TITAN ABOVE 3610, CONDITION CLOSING REQUIRED ABOVE 3610

BUY TITAN ABOVE 3610
CONDITION CLOSING REQUIRED ABOVE 3610
STOPLOSS 3530 CLOSING BASIS
TARGET 3850-3860

OM SHRI GANESHAYA NAMAH

BUY MCDOWELL-N ABOVE 1485, CONDITION CLOSING REQUIRED ABOVE 1485

BUY MCDOWELL-N ABOVE 1485
CONDITION CLOSING REQUIRED ABOVE 1485
STOPLOSS 1425 CLOSING BASIS
TARGET 1600 / 1680

OM SHRI GANESHAYA NAMAH

BUY PUNJLLOYD AT MARKET, CLOSING 112 AS ON 31 DEC 2010

BUY PUNJLLOYD AT MARKET, CLOSING 112 AS ON 31 DEC 2010
STOPLOSS 104 CLOSING BASIS
TARGET 123 / 133

OM SHRI GANESHAYA NAMAH

BUY ICICI BANK AT MARKET, CLOSING 1145.10 AS ON 31 DEC 2010

BUY ICICI BANK AT MARKET, CLOSING 1145.10 AS ON 31 DEC 2010
STOPLOSS 1105 CLOSING BASIS
TARGET 1195 / 1245

OM SHRI GANESHAYA NAMAH

BUY HCC AT MARKET, CLOSING 48.95 AS ON 31 DEC 2010

BUY HCC AT MARKET, CLOSING 48.95 AS ON 31 DEC 2010
STOPLOSS 45 CLOSING BASIS
TARGET 58 / 60 / 62

OM SHRI GANESHAYA NAMAH