NIFTY VIEWS / OUTLOOK AND ROAD MAP FOR THE MONTH FEB 2011

WE DO NOT SEE ON CHARTS MARKET FALLING / CLOSING BELOW THE LEVEL OF 5310
BUT WE FEEL THAT TOMORROW I.E 07/02/2010
STOPLOSS OF RETAIL'S / BROKER'S MAY GET TRIGGER BTW THE LEVEL OF 5350-5340
IF MARKET OPEN GAP DOWN -50 - 70 POINTS USE THE LEVELS FOR BUYING
WITH STOPLOSS OF 5310 TWO DAYS CLOSING OR WEEKLY CLOSING
WE SEE ON CHARTS MARKET HEADING FOR LEVELS BTW 5750-5800 BEFORE A FURTHER LEG DOWN
 
IT IS ADVISABLE TO BOOK LONG BTW THE LEVELS OF 5750-5800
AND WAIT FOR MARKET TO GIVE CLOSING ABOVE THE LEVEL OF 5840
FOR RE-ENTERING LONG FOR LEVELS OF 6040-6170
ON CLOSE ABOVE 5840 STOPLOSS WOULD BE SEND LATER
BUT CLOSE ABOVE 5840 LOOK UNLIKELY AS OF NOW ...
TIME WILL ONLY TELL THAT

ONLY FOR RISKY PLAYER'S: ONCE BOOK LONG BTW 5750-5800
CAN TAKE FRESH ENTRY FOR SHORTS WITH SL 5840 ON CLOSING BASIS FOR 5400-5500 & BELOW

ALERT:- IF MARKET CLOSE BELOW 5310 THEN IT WILL CREATE PANIC IN MARKET
AND WILL FALL DIRECTLY TILL 4800 LEVEL IN 3-4 DAYS ONLY
CAN KEEP STOPLOSS AT 5425 ON CLOSING BASIS
HEDGE YOUR PORTFOLIO BY BUYING 5200 / 5100 PUTS ON DAY-1 CLOSE BELOW 5310

MORE UPDATE WOULD BE SEND SHORTLY AND FEW OF THE STOCK PICKS TOO


OM SHRI GANESHAYA NAMAH

FOR SILVER TRADER ... JUST FOR INFO SILVER HIT NEARLY $29 ... WE BOOKED 90%

FOR SILVER TRADER ... JUST FOR INFO SILVER HIT NEARLY $29 YESTERDAY AND OUR POSITION TARGET - 3 WAS $29.20 ... WE BOOKED 90% OF LONG POSITIONAL YESTERDAY ACCUMULATED BTW $26.60-$27.60
 MCX 41500-42800 HIT HIGH OF 44220 AVG PROFIT PER LOT 52000+


OM SHRI GANESHAYA NAMAH

Be-cautious in these stocks (LIST RELEASE FROM SEBI)

Country's top two stock exchanges the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today asked marketmen to be extra careful about trade in over 1,900 securities, sensing a high-level of risk in executing trade on these counters.

While most of these securities are little known, there are also stocks of some well-known companies such as Asian Hotels IRCON International, Arrow Textiles, AstraZeneca Pharma India, Celebrity Fashions, Cyber Media, EIH Associated Hotels, Mukta Arts and Zodiac Clothing Company.

In separate circulars issued today, the BSE and NSE today released lists of securities found to be "illiquid" on their platforms and asked the marketmen "to exercise additional due diligence while trading in these securities either on own account or on behalf of their clients".

While BSE listed out as many as 1,907 securities in its list of 'illiquid securities', the NSE found 237 such securities being traded on its platform. There are many stocks that are common on both the lists.
While more than 7,500 securities are listed on the BSE, the total number of listed securities at NSE is much lower at about 2,300.


Sebi has directed the two exchanges to draw up a list of illiquid securities every month based on criteria jointly decided by Sebi, NSE and BSE.

The number of illiquid securities has gone higher at both BSE and NSE from the month ago level. BSE had listed out a total of 1,814 illiquid stocks, while there were total 204 such securities at NSE last month.

Such stocks are identified on the basis of their liquidity being very low, thus enhancing the risks for the investors in finding buyers or sellers. The illiquid stocks are traded infrequently and any large deals in these stocks can cause huge fluctuations in their prices.

Those termed as illiquid stocks this month include Advani Hotels & Resorts, Alfa Laval India, Batliboi, Chemfab Alkalis, Chettinad Cement, Cinevistaas, Creative Eye, Cambridge Technology and Deccan Cements.

There are also names like Emkay Global Financial Services, Gokaldas Exports, Gujarat State Financial Corp, Heritage Foods Kalyani Forge, Uniply Industries, Kinetic Engineering, Kirloskar Industries, Oriental Hotels, Salora International and Mysore Petro Chemicals.

INTRA DAY NIFTY FUT BUY SL 5430 AND TGT-1 5485-5495 AND TGT-2 5525-5545

INTRA DAY NIFTY FUT BUY SL 5430 AND TGT-1 5485-5495 AND TGT-2 5525-5545


OM SHRI GANESHAYA NAMAH

LOOK FOR BUYING AND ACCUMULATING

LOOK FOR BUYING AND ACCUMULATING

JSWSTEEL / LNT / IFCI / IDFC / TATASTEEL / RELCAPITAL / RELINFRA / BHEL / PUNJLLOYD

OM SHRI GANESHAYA NAMAH

Nifty Outlook / Update 5425-5660>>> max 5800

this time picture look like 5425-5360>>> max 5800
stoploss 5310 weekly closing

only on close above 5840 will move for 6040 / 6180
close above 5840 may be unlikely

it is adviceable to book long btw 5750-5800 and re-enter long once close above 5840 only .... even once book btw 5750-5800 can build short position for 5500-5400 with sl 5840 closing

time frame 1-2 week


OM SHRI GANESHAYA NAMAH

BSE 12 SCRIP SUSPEND FORM 24-02-2011

Trading Members are hereby informed that, the under mentioned 12 companies, have failed to comply with various provisions of the Listing Agreement till quarter ended September 2010 –

Sr.No.	Scrp Code	Company Name
1	500045	Bellary Steels & Alloys Ltd
2	530887	Incap Financial Services Ltd
3	522059	Indage Vintners Ltd
4	507150	India Sugars & Refineries Ltd
5	523230	Jalpac India Ltd
6	531131	Mascon Global Ltd
7	512424	MTZ Polyfilms Ltd
8	532117	Platinum Corporation Ltd
9	532791	Pyramid Saimira Theatre Ltd
10	513412	Alcobex Metals Ltd
11	511031	Integrated Finance Company Ltd
12	523770	Intergrated Digital Info Services Ltd

Consequently, trading in securities of these 12 companies will be suspended w.e.f. Thursday, February 24, 2011; on account of non-compliance with the provisions of the Listing Agreement, for the following period(s) –

 (i)  In case, the company complies (to the satisfaction of the Exchange) with all the provisions of the Listing Agreement on or before Monday, February 14, 2011;trading in securities of the company will be suspended for Five Trading Days i.e. upto Thursday, March 3, 2011.

 (ii)   In case a company complies (to the satisfaction of the Exchange), with all the provisions of the Listing Agreement on or before Friday, March 11, 2011; the trading in securities of a company will be suspended for 30 days i.e. upto Friday, March 25, 2011.

(iii)       However, in case the company fails to comply with the provisions of the Listing Agreement, to the satisfaction of the Exchange on or before Friday, March 11, 2011; the suspension will continue till such time the Company complies with the procedure prescribed for revoking suspension in a scrip.

It may be noted that suspension of trading in securities of a company will be revoked only if the company has complied with all the provisions of the Listing Agreement upto the latest quarter for which the compliances are required.

Further, the Trading Members are also hereby informed that, the under mentioned 4 companies, have failed to comply with various provisions of the Listing Agreement within the specified time limits , till quarter ended September 2010.

Sr. No.	Scrip code	Name of the company
1	532161	Baffin Engineering Projects Ltd
2	531494	Navkar Builders Ltd
3	531962	Valley Indiana Leisure Ltd.
4	524796	Vardhaman Laboratories Ltd

The trading in the securities of above mentioned 4 companies will be suspended for 5 trading days from Thursday, February 3, 2011 to Wednesday, February 9, 2011 (both days inclusive), on account of late compliance with the provisions of the Listing Agreement

If any of the Trading Members require any further clarification on the above, they may please contact Ms. Smita Dave (22728073) or Ms. Arpita Joshi (22728384).

 OM SHRI GANESHAYA NAMAH

NOW TRADING BELOW 5640 ON NIFTY SPOT : WAIT AND WATCH FOR TODAY AND TOMORROW CLOSING

NOW TRADING BELOW 5640 ON NIFTY SPOT
WAIT AND WATCH FOR TODAY AND TOMORROW CLOSING
---------------------------------------------
NIFTY SPOT HOLDING 5640 ON CLOSING BASIS
MORE THEN 4 DAYS
BIG MOVE EXPECTED
2 DAYS CLOSE MOVE EXPECTED 300-400 POINTS
BELOW 5640 AND ABOVE 5840 "SPOT LEVELS"
---------------------------------------------
2 days close below 5640 will move for 5425 / 5310

OM SHRI GANESHAYA NAMAH

NEXT PICK PUNJLLOYD :: EDUCOMP ROCKING 520

EDUCOMP ROCKING 520 .... ENJOY .. 

 NEXT PICK PUNJLLOYD CMP 102.80 SL 95 CLOSING TARGET 118 / 121

OM SHRI GANESHAYA NAMAH

FII BUYING....EDUCOMP....FII DESK REPORT

OM SHRI GANESHAYA NAMAH

MCX SILVER LIKELY TO HIT 43800-44300 MAX BY 2MORROW once sustain above $28

OM SHRI GANESHAYA NAMAH

POSITIONAL BUY SILVER AT CMP $27.60 MCX 42950 ... SILVER MCX 43900>>>>42700 ENJOY .....

SILVER MCX 43900>>>>42700 ENJOY .....

POSITIONAL BUY SILVER AT CMP $27.60 MCX 42950
STOP LOSS $26.40 CLOSING
TARGET $28.30 / $28.80 / $29.40 / $30.10

OM SHRI GANESHAYA NAMAH

MCX SILVER MAY FALL DOWN TILL 43400 OR BELOW ($28.10 - $28.15) WILL POST BUY CALL BTW 8:00-9:00 PM TODAY

NIFTY SPOT HOLDING 5640 ON CLOSING BASIS MORE THEN 4 DAYS

NIFTY SPOT HOLDING 5640 ON CLOSING BASIS

MORE THEN 4 DAYS

BIG MOVE EXPECTED

2 DAYS CLOSE MOVE EXPECTED 300-400 POINTS

BELOW 5640 AND ABOVE 5840 "SPOT LEVELS"

OM SHRI GANESHAYA NAMAH

UPDATE ON JSWSTEEL AND FRESH BUY EDUCOMP CMP 508.50

"CASH LEVELS" JSWSTEEL 980-1000>>1055 MINOR HURDLE AT 1080

CROSSOVER WILL MOVE FOR 1140-1160

STOPLOSS SHOULD BE 1020 CLOSING BASIS

"CASH LEVELS" EDUCOMP BUY AT CMP 508.50

STOPLOSS 480 CLOSING BASIS

TARGET 565 / 595

OM SHRI GANESHAYA NAMAH

SILVER BUY UPDATE $28.75>>>>$29.21 : MCX 44180-44200 >>>>44730

SILVER MCX CMP 44710 AND SILVER COMEX $29.32

TARGET-1 OF $29.15 HIT BOOK 50% AT CMP

TARGET-2 OF 29.90 PENDING HOLD 50% 

MODIFY STOPLOSS TO $29.00 FOR REMAINING 50% POSITION

OM SHRI GANESHAYA NAMAH

can buy silver at cmp and can buy on dips as per dollar rates cmp $28.75 target $29.15 / $29.80 stoploss $28.40

NIFTY UPDATES AS PER THE LEVELS

LAST WEEK AS TOLD NIFTY SPOT BELOW 5770 WILL MOVE FOR 5640 / 5425

Now IF NIFTY SPOT HOLDS 5640 FOR 2 DAYS ON CLOSING BASIS THEN CAN EXPECT BOUNCE BACK UPTO 5770-5840 AND CLOSE ABOVE 5840 NIFTY WILL MOVE FOR 6040 / 6170 / 6280

ALERT IF NIFTY SPOT FAILS TO HOLD 5640 then will move for 5425 / 5310

OM SHRI GANESHAYA NAMAH

"NO" update for this week too on Nifty for Daily and Weekly view

"NO" update for this week too on Nifty for Daily and Weekly view .... as laptop hard disc got crashed last week i.e 10 jan'11 and on data revovery as of now we do not have access to the data ... we will be back shortly with updates and view on nifty and stocks by next week ... many stocks look good to us for short term . one of them is JSWSTEEL ... other will let you know later once we have access.......

OM SHRI GANESHAYA NAMAH

NIFTY WEEKLY & DAILY OUTLOOK JAN 10, 2010

Last week as advised to book partial profit near level of 6180 for the long taken above 5970 and hold remaining long position with stop loss 6060. Market moved accordingly and on closed below 6060 market made a low of 5883 and closed at 5904 last week. For this week look for buying on dips with stop loss 5770 on closing basis on nifty spot for target 6040 / 6170 / 6280 and look for selling only if market remain below the level of 5770 for target 5640 / 5425 with stop loss 5845 on closing basis on nifty spot.

For the day, the level of 5885 and 5860 may act as a major support for the market and the level of 5915 and 5940 may act as a major hurdle.

Short term trend will turn positive above the level of 5970.

"Spot Levels" Day trader can go long on nifty above 5915 with stop loss 5885 for target 5940 / 5970 and can go short below 5885 with stop loss 5915 for target 5860 / 5830.

Index Range

Nifty: 5904.60
Range: 5860-5940
Resistance: 5915-5940-5970
Support: 5885-5860-5830

Bank Nifty: 11053.35
Range: 10980-11370
Resistance: 11110-11160-11210
Support: 10935-10880-10820

Short term: Down (5970)
Medium term: Up (5770)
Long term: Up (5350)

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

Cat: Buy Val - Sell Val=   Net Val
FII: 2397.19-3437.93=-1040.74
DII: 2179.56-1063.73=+1111.83

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

OFF TO PUNJAB FOR WEEKEND

NIFTY DAILY OUTLOOK JAN 07, 2011

On Thursday, market opened higher but continue third day of profit booking with selling across all the indices and close down in red. Buying interest was seen in IT whereas Banks, Realty, Auto and Capital Goods remain under heavy selling pressure. Volume for the day was slightly higher then previous trading session. Market breadth was negative. Midcap index and Small caps index closed down in red.

For the day, the level of 6015 and 5985 may act as a major support for the market and the level of 6070 and 6100 may act as a major hurdle. Market may attract buying, buying may be seen in Banks & IT.

Short term trend will turn positive above the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6070 with stop loss 6040 for target 6100 / 6125 and can go short below 6015 with stop loss 6045 for target 5985 / 5960.

Index Range

Nifty: 6048.25
Range: 5985-6100
Resistance: 6070-6100-6125
Support: 6015-5985-5960

Bank Nifty: 11186.80
Range: 10980-11370
Resistance: 11260-11315-11370
Support: 11090-11035-10980

Short term: Down (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:  3274.86-3660.49= -385.63
DII:  1240.16-1578.21= -338.05

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

WE WOULD BE CARRYING OUR LONG WE BOUGHT YESTERDAY AND ADDED MORE TODAY .. NIFTY SPOT CLOSING 6060 UNLIKELY

BUYING MAY START ANYTIME FROM NOW

BUYING MAY START ANYTIME FROM NOW ....
BUT KEEP SL OF 6060 ON CLOSING BASIS ON NIFTY SPOT
AS TOLD YESTERDAY AND UNDER WEEKLY OUTLOOK DT. 03 JAN POSTED

OM SHRI GANESHAYA NAMAH

BUY LNT ABOVE 1950 TARGET 2160 AND STOPLOSS 1885 ON CLOSING BASIS

BUY LNT ABOVE 1950 TARGET 2160

ADD MORE ON CLOSE ABOVE 2020

TARGET 2160 AND STOPLOSS 1885 ON CLOSING BASIS

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK JAN 06, 2011

On Wednesday, market opened lower and continue second day of profit booking and close down in red. Major buying interest was seen in FMCG and IT whereas Banks and Realty remain under selling pressure however Auto also faced selling pressure. Volume for the day was lower then previous trading session. Market breadth was negative. Midcap index and Small caps index closed down in red.

For the day, the level of 6045 and 6015 may act as a major support for the market and the level of 6100 and 6125 may act as a major hurdle.

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

"Spot Levels" Day trader can go long on nifty above 6100 with stop loss 6070 for target 6125 / 6155 and can go short below 6045 with stop loss 6075 for target 6015 / 5990.

Index Range

Nifty: 6079.80
Range: 6015-6125
Resistance: 6100-6125-6155
Support: 6045-6015-5990

Bank Nifty: 11305.45
Range: 11030-11580
Resistance: 11360-11470-11580
Support: 11250-11140-11030

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:  3245.55-3485.85= -240.30
DII:  1349.98-1451.73= -101.75

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

CAN TAKE FRESH BUY AND THOSE HOLDING NIFTY CAN ADD MORE

CAN TAKE FRESH BUY AND THOSE HOLDING NIFTY CAN ADD MORE
PREV BOUGHT ABOVE 5970 AND 6065 BOOKED SOME NEAR 6180
BUY NIFTY FUTURE AT CMP 6097 NIFTY SPOT 6073
STOPLOSS 6060 CLOSING BASIS
TARGET 6180 / 6280

ALL SPOT LEVELS

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK JAN 05, 2011

On Tuesday, market opened higher and traded in the range thru out the day however market faced profit booking during final hour of trading session and close down in red. Major buying interest was seen in FMCG and Oil & Gas whereas Banks and Realty attract selling pressure. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap index and Small caps index closed down in red.

For the day, the level of 6125 and 6095 may act as a major support for the market and the level of 6155 and 6180 may act as a major hurdle.

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

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

Index Range

Nifty: 6146.35
Range: 6095-6180
Resistance: 6155-6180-6210
Support: 6125-6095-6070

Bank Nifty: 11564.00
Range: 11395-11730
Resistance: 11620-11675-11730
Support: 11505-11450-11395

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:  3381.89-2664.13= +717.76
DII:  1474.07-1965.64= -491.57

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY SPOT JUST TRADING BTW NO TRADE ZONE 6125-6180 ::: KEEP AN EYE ON MCDOWELL IT'S A BUY ABOVE 1485

NIFTY SPOT JUST TRADING BTW NO TRADE ZONE 6125-6180 .... IT IS INTRADAY SHORT BELOW 6125 AND BUY ABOVE 6180

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

OM SHRI GANESHAYA NAMAH

:)) 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

BUY AXIS BANK AT MARKET, CLOSING 1350.10 AS ON 31 DEC 2010

BUY AXIS BANK AT MARKET, CLOSING 1350.10 AS ON 31 DEC 2010
STOPLOSS 1290 CLOSING BASIS
TARGET 1430 / 1490

OM SHRI GANESHAYA NAMAH

NIFTY WEEKLY & DAILY OUTLOOK JAN 03, 2011

For the week we advice to book partial profit in long position taken above the level of 5970 however further long position was added above the level of 6065. Book partial profit near the level of 6180 and hold remaining long position with stop loss of 6060 closing basis on nifty spot for target 6280 and 6390. Our views remain positive on market, which may change if market close & remain below the level of 6060. Further update would be given during the week.

For the day, the level of 6095 and 6070 may act as a major support for the market and the level of 6155 and 6180 may act as a major hurdle. Market may attract buying but will remain volatile.

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

"Spot Levels" Day trader can go long on nifty above 6155 with stop loss 6125 for target 6180 / 6210 and can go short below 6095 with stop loss 6125 for target 6070 / 6040.

Index Range

Nifty: 6134.50

Range: 6070-6180
Resistance: 6155-6180-6210
Support: 6095-6070-6040

Bank Nifty: 11791.50

Range: 11945-11610
Resistance: 11840-11895-11950
Support: 11725-11670-11610

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:  1894.47-1363.14= +531.33
DII:  1274.97-1396.74= -121.77

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 3rd January 2011

• Consider 10 minutes plus and minus in each prediction, and act accordingly.

• Ganesha advises you to compare the next prediction with the prediction of the previous time slot.

• Overall January-2011 doesn't seen to be very good. Just so-so, ganesha doesn't see the posibility of any major gain.

• The dates of high-volatility and wide fluctuation in January-2011 are: 3, 4 (Solar Eclipse), 5, 7, 12, 18, 24, 27, 31

• Ganesha feels that Nifty may maintain the pre-open market figure in the starting.
Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH