Thursday, March 31, 2011

01/04/2011 Intraday Trading Ideas

Market is showing signs of reversing so don't go for any long position be ready for the downward ride maximum possible will be 5950.
Levels for today
Support 5811 , 5800 , 5776 , 5740
Resistance 5855 , 5875 , 5905 , 5930


Short IVRCLINFRA at 82.8 with a stop loss of 83.7 for the target of 80.6 , 79 , 77

Wednesday, March 30, 2011

31/03/2011 Intraday Trading Ideas

Market is over stretched avoid any fresh long positions now today is the expiry of this month contract so we can expect lot of volatility

Levels for today
Support 5768 , 5750 , 5730 , 5710
Resistance 5805 , 5820 , 5837 , 5875

Tuesday, March 29, 2011

30/03/2011 Intraday Trading Ideas

NIFTY started facing resistance at higher levels may be consolidation phase will start again before making a major move .

Levels for today
Support 5710 , 5690 , 5667 , 5645
Resistance 5755 ,5770 , 5791 , 5805

Buy IVRCLINFRA at 81.5 with a stop loss of 80.5 for the target of 83.5 , 86
Buy MARUTI at 1225 with a stop loss of 1217 for the target of 1248 , 1259 , 1270
Buy RCOM at 108.3 with a stop loss of 107 for the target of 111 , 114 , 118

Monday, March 28, 2011

29/03/2011 Intraday Trading Ideas

Spot Nifty is finding resistance at 5710 level after that resistance is at 5753

Level for today
Support 5670 , 5654 , 5636 , 5621
Resistance 5712 , 5737 , 5753 , 5772


Buy IVRCLINFRA at 78.25 with a stop loss of 77 for the target of 80 , 82.5
Buy LITL at 39.2 with a stop loss of 38.5 for the target of 41 ,42
Buy SINTEX at 146.8 with a stop loss of 145.5 for the target of 149.2 , 151.2 , 153

Saturday, March 26, 2011

28/03/2011 Intraday Trading Ideas

As we said previously that Nifty will make a move above 5600 it made it on Friday.
Now the levels for spot NIFTY to watch will be 5690 and 5750 we can expect Nifty to go upto 5800.

Levels for Today
Support 5630 , 5615 , 5600 ,5573
Resistance 5675 , 5690 , 5720 , 5750

Thursday, March 24, 2011

25/03/2011 Intraday Trading Ideas

Nifty spot finally made a move above 5510 now 5500 will act as a support 5577 will act as a resistance.

Level's for today

Support 5505 , 5480 , 5450
Resistance 5538 , 5555 , 5577

Buy Hotel Leela at 37.5 with a stop loss of 36.5 for the target of 39 , 40
Buy INDHOTEL at 80.5 with a stop loss of 79.5 for the target of 82 , 84
Buy EDUCOMP at 418.5 with a stop loss of 416 for the target of 423 , 426

Wednesday, March 23, 2011

2403/2011 Intraday Trading Ideas

Nifty spot neared neared its 50 DMA at 5510 lets hope this time it will cross it if it crosses then it will go to 5600 and further .

Level for Today
Support 5460 , 5445 ,5430 ,5400
Resistance 5500 , 5510 , 5530 , 5563

Buy BHEL at 1972 with a strict stop loss of 1949 for the target of 2015 , 2045 , 2080
Buy LT at 1518 with a strict stop loss of 1507 for the target of 1545 , 1578 , 1600

Tuesday, March 22, 2011

23/03/2011 Intraday Trading Ideas

Its based on Spot NIFTY Short NIFTY below 5420 with a strict stop loss of 5435 for the target of 5387 , 5374 , 5350

Today's level for Nifty
Support 5387 , 5374 , 5350
Resistance 5435 , 5454 , 5476

Short RPOWER at 120.5 with a stop loss of 122 for the target of 118.5 , 116 , 113

Monday, March 21, 2011

22/03/2011 Intraday Trading Ideas

Short term trend for NIFTY is Bearish only until it crosses 5430 , now the level for NIFTY will be 5300-5430

Todays level for NIFTY

Support 5350 , 5330 , 5315 , 5300
Resistance 5380 , 5410 , 5430

Short NTPC at 173.9 with a stop loss of 175.2 for the target of 172.2 ,170
Short RPOWER at 121.5 with a stop loss of 123.2 for the target of 118.25 , 116.25 , 114
Short CESC at 299.7 with a stop loss of 302.5 for the target of 295 , 292, 287

Buy ANDHRABANK at 138.6 with a stop loss of 136.5 for the target of 142 , 144 ,146

Saturday, March 19, 2011

21/03/2011 Intraday Trading Ideas

As we said earlier if the spot Nifty closes below 5380 it will accelerate the bear phase so now we can expect Nifty to reach 5200 in the coming days so one can short Nifty at 5400-5390 with a strict stop loss of 5430 for the target of 5305 , 5250 , 5200

Short DLF at 222 with a strict stop loss of 225.5 for the target of 216 , 213
Short RPOWER at 123.5 with a strict stop loss of 126 for the target of 120 , 117 ,115
Short ABAN at 589 with a strict stop loss of 594 for the target of 577 , 571 , 564
Short Apollotyre at 65.9 with a strict stop loss of 66.6 for the target of 64.3 , 63.1 , 61.5
Short DCHL at 67.3 with a strict stop loss of 68.3 for the target of 65.7 , 64.2 , 63

Buy Auropharma at 198 with a stop loss of 195 for the target of 206 , 210

Axis bank weak below 1260

Thursday, March 17, 2011

18/03/2011 Intraday Trading Ideas

Today's NIFTY spot closing will decide the movement of the market for the next week if it closes above 5550 then NIFTY will see 5750 in next week if it closes below 5380 then it will see 5200 next week.

Level for today

Support 5420 , 5400 ,5380, 5350
Resistance 5475 , 5500 , 5520 ,5550

Short HDFC at 647 with a stop loss of 655 for the target of 635 , 627 , 620

Wednesday, March 16, 2011

17/03/2011 Intraday Trading Ideas

Today the main thing Monetary Policy announcement is there market reaction will be based on that only.

Nifty Spot is having strong resistance at 5565

Level for Nifty

Support 5480 , 5465 , 5450
Resistance 5530 , 5550 , 5565

Tuesday, March 15, 2011

16/03/2011 Intraday Trading Ideas

As we said earlier Nifty is having strong support at 5380 yesterday Nifty bounced from there even though the world market is tumbling but once if it crosses it will taste 5200 still nifty is holding the range 5380-5650

level for today
Support 5420 ,5400 ,5380 , 5350
Resistance 5480 , 5500 , 5530 , 5565

Short DLF at 223.5 with a stop loss of 226 for the target of 219.5 , 216.5 , 212

Short ICICIBANK below 1002 with a stop loss of 1010 for the target of 986 , 979, 965

Short IDEA at 60.5 with a stop loss of 61.2 for the target of 59.1 , 58.3 , 57

Short M&M at 652 with a stop loss of 659 for the target of 641 , 636 , 627

Short MARUTI at 1225 with a stop loss of 1232 for the target of 1214 , 1202 , 1191

Short TATASTEEL at 598 with a stop loss of 604 for the target of 585 , 575 , 560

Monday, March 14, 2011

15/03/2011 Intraday Trading Ideas

Nifty Spot will again make a attempt to cross 5600 and it needs a closing above 5555 to make a further up move 5600-5650 will act as a great resistance and in down side 5380 will act as a great support.

Levels for today

Support 5505 , 5480 , 5450 , 5428

Resistance 5555 , 5583 , 5610 , 5634

Buy TATAPOWER at 1230 with a stop loss of 1218 for the target of 1249 , 1265 , 1277
Buy CAIRN at 342 with a stop loss of 339 for the target of 346 , 349.5 , 356
Buy ITC at 171.75 with a stop loss of 169.8 for the target of 174.25 , 176 ,179

Saturday, March 12, 2011

14/03/2011 Intraday Trading Ideas

Nifty is not able to make a decisive move on either side on downside 5380 acts as a great support and in the upside 5600-5650 act as a good resistance only if it breaks on either side nifty will make a decisive move.

Levels for today
Support 5410 , 5380 , 5354
Resistance 5480 ,5502 , 5536

Short AXISBANK at 1280 with a stop loss of 1295 for the target of 1256 , 1241 , 1230
Short JINDALSTEL at 658 with a stop loss of 666 for the target of 646 , 640 , 633
Short NTPC at 176.2 with a stop loss of 177.5 for the target of 173.5 , 171.8 , 170
Short DCHL at 70.5 with a stop loss of 71.75 for the target of 67.5 , 66 ,64.5

Thursday, March 10, 2011

11/03/2011 Intraday Trading Ideas

Nifty is not able to make a decisive move
Buy Nifty at 5465-5470 level with a stop loss of 5443 for the target of 5495 , 5515 , 5540

Level for Today
Support 5470 , 5460 , 5445
Resistance 5513 , 5530 , 5545


Short TATASTEEL at 602 with a stop loss of 609 for the target of 593 , 588 , 582
Short SBIN at 2614 with a stop loss of 2622 for the target of 2590 , 2570 , 2555
Buy DLF at 226.5 with a stop loss of 224.2 for the target of 229 , 233 , 237

10/03/2011 Intraday Trading Ideas

Nifty is trying to break above 5600 level and in the bottom side 5480 is acting as a good support so if nifty comes to 5480 level buy with a strict stop loss of 5465 for the target of 5545 , 5595

Level's for today
Support 5500 , 5480 , 5465 , 5445
Resistance 5551 , 5573 , 5596 , 5616


Buy ICICIBANk at 1020 with a stop loss of 1012 for the target of 1034 , 1040 , 1049
Buy RELINFRA at 612 with a stop loss of 605 for the target of 623 , 631 , 639
Buy AUROPHARMA at 187.5 with a stop loss of 185.2 for the target of 191 , 193.4 , 195

Tuesday, March 8, 2011

09/03/2011 Intraday trading ideas

Buy Nifty at 5490 with a stop loss of 5465 for the target of 5545 , 5570 , 5590
Level of Nifty
Support 5480 , 5465 , 5450
Resistance 5545 , 5571 , 5590

Buy Suzlon at 47.2 with a stop loss of 46.5 for the target of 48.1 , 48.9 , 49.5
Buy Auropharma at 183.6 with a stop loss of 181.4 for the target of 187.4, 189.6 , 191.7
Buy Divis lab at 616 with a stop loss of 611 for the target of 624 , 629.5 , 634

Monday, March 7, 2011

08/03/2011 Intraday trading ideas

Level of Nifty

Support 5443 , 5421 , 5400 , 5380
Resistance 5483 , 5500 ,5520 , 5545


Short SBIN at 2648 with a stop loss of 2465 for the target of 2611 ,2587 , 2570
Short Andhra bank at 137 with a stop loss of 138.5 for the target of 134.2 , 132.5 , 131

Buy TATAPOWER at 1220 with a stop loss of 1208 for the target of 1241 , 1252 ,1268

Saturday, March 5, 2011

07/03/2011 Intraday Trading Ideas

Nifty spot is struggling to close above 5570 level

level for today will be
Support 5518 , 5496 , 5474 , 5450
Resistance 5570 , 5591, 5622 , 5650


Buy IDEA at 59.5 with a stop loss of 58.7 for the target of 60.9 , 61.5 , 62
Buy Tatapower at 1208 with a stop loss of 1195 for the target of 1224 , 1234 , 1241
Buy AuroPhama at 182.2 with a stop loss of 180.4 for the target of 185.7 , 186.7 , 188.5
Buy Divislab at 611 with a stop loss of 608 for the target of 616 , 619 , 624

Thursday, March 3, 2011

04/03/2011 Intraday trading ideas

As said Nifty spot is having Resistance at 5560-5570 level Nifty falls from there if that level is crossed then the Nifty spot's next target will be 5640

Level of Nifty
Support 5512,5484,5460,5433
Resistance 5570,5599,5620,5640

Short Educomp at 465 with a stop loss of 469 for the target of 459 , 453 , 447 ,443

Buy Ranbaxy at 453 with a stop loss of 449 for the target of 459 , 462.5 , 467 , 471

Tuesday, March 1, 2011

03/03/2011 Intraday trading ideas

Nifty is having resistance around 5560-5570 region
Today's level of Nifty will be
Support 5484 , 5460 , 5440
Resistance 5565 , 5585 , 5600 , 5640

Buy CESC at 305 with a stop loss of 301.7 for the target of 311 , 315
Buy Geship at 260.2 with a stop loss of 257.7 for the target of 263.7 , 266, 269
Buy Moser-Baer at 39.6 with a stop loss of 38.7 for the target of 41.3 , 41.8 , 42.6
Buy Bajaj Hindusthan at 70.2 with a stop loss of 68.8 for the target of 72 , 74