01/06/2011 Intraday Trading ideas

Short Nifty at 5585 with stop loss of 5612 for the target of 5510

Levels for today

Support 5540 ,5519 ,5510 , 5478
Resistance 5585 ,5600 ,5612 , 5622

Short ICICIBANK at 1097 with stop loss of 1110 for the target of 1070a

30/05/2011 Trading Views

Nifty is having resistance at 5510 and 5555 for further up move in needs a closing above this .

Levels for today
support 5448, 5431 , 5403
Resistance 5493 , 5510 , 5531

Buy SINTEX INDUSTRIES at 177.5 with stop loss of 175 for the target of 184

27/05/2011 Intraday Trading Ideas

Nifty will find resistance at 5438 and the support comes at 5300.

Level for today
Support 5387 , 5371 , 5346
Resistance 5427 , 5438 , 5453

Short HDFC at 648 with stop loss of 654 for the target of 636 , 627

Short JPASSOCIATE at 80.3 stop loss of 81.1 for the target of 77.5

26/05/2011 Intraday Trading views

Nifty is in week situation today there is possibility for Nifty to go below 5300 . It will find resistance at 5372 and 5410 .

Levels for Today
Support 5325 , 5311 , 5300 , 5250
Resistance 5372 , 5389 , 5410 , 5430


Short Axisbank at 1196 with stop loss of 1210 for the target of 1170 , 1152

Short JPASSOCIATE at 79.5 with stop loss of 80.5 for the target of 77.5

Short TATAPOWER at 1206 with stop loss of 1217 for the target of 1170 ,1152

25/05/2011 Intraday Trading Ideas

Nifty has resistance at 5433 and support at 5350 once this is broken it will go up to 5300 .

Levels for Today
Support 5373 , 5360 , 5350 , 5339
Resistance 5422 , 5433 , 5450

Short BAJAJHIND at 65.75 with stop loss of 66.5 for the target of 64
Short UNITEDPHOSPHORUS at 162.5 with stop loss of 163.75 for the target of 157

24/05/2011 Trading Views

Nifty will get support at 5350 once this is broken then it will go to 5233 . 5428 will act as a good resistance .

Levels for today
Support 5366 , 5352 , 5334 , 5302
Resistance 5401 , 5428 , 5450 , 5470

Short ACC at 980 with stop loss of 992 for the target of 950
Short JPASSOCIATE at 80.5 with stop loss of 82 for the target of 77

23/05/2011 Trading Views

Nifty if comes to 5515-5530 Short it with stop loss of 5560 for the target of 5453 , 5410.

Levels for today
Support 5466 , 5453 , 5433 , 5401
Resistance 5506 , 5528 , 5551 , 5571


Short HINDALCO at 194.7 with stop loss of 197.5 for the target of 189 , 185

20/05/2011 Intraday Trading Ideas

Nifty is playing with in 60 points 5400-5460 for the past 2 days .Today a Pull back is expected which will take nifty to 5480-5515 and in down side if the nifty breaks 5400 it will go up to 5350.

Levels for Today
Support 5410 , 5396 , 5375
Resistance 5444 , 5460 , 5480

Short Hindalco at 193.4 with stop loss of 196 for the target of 189 , 185

19/05/2011 Intraday Trading Ideas

Nifty is holding 5400 once this is broken it will see 5350 and it will get support here .In the upper side it can go up to 5480 if it goes it can be shorted with stop loss of 5510 for the target of 5400 , 5350.

Levels for Today
Support 5400 , 5383 , 5365 , 5350
Resistance 5443 , 5457,5465 , 5480


Short MLL at 38.6 with stop loss of 39.6 for the target of 36.5

18/05/2011 Intraday Trading Ideas

Nifty now has resistance at 5480 so if Nifty comes to 5480 it can be shorted with stop loss of 5510 for the target of 5410 , 5350 .

Levels for Today
Support 5414 , 5400 , 5375 , 5350
Resistance 5456 , 5478 , 5500 , 5520


Short RPOWER at 114 stop loss at 115.4 for the target of 111 , 109
Short TATASTEEL at 580 with stop loss of 585.5 for the target of 570 , 562
Short HINDALCO at 196 with stop loss of 198 for the target of 192 , 189

17/05/2011 Intraday Trading Ideas

Nifty Spot is having resistance at 5530 and support at 5480-5470 once this is broken a huge fall will be there 5440 , 5350.

Levels for Today
Support 5480 , 5470 , 5444
Resistance 5510 , 5530 , 5555

Short Rpower at 115.6 with stop loss of 116.8 for the target of 112 , 110

16/05/2011 Weekly Trading Ideas

Nifty is not making any decisive move
short term outlook is range bound
Medium term trend is bearish
The trend will mildly get changed only a weekly close above 5700(Probability is less) and get confirmed only a close above 5950 until that the trend is bearish.
And the bear will get into action once a close below 5440
If Nifty comes to 5645 short it with stop loss of 5700 for the target of 5510



BhartiArtl can be played on both sides
Buy at 363 with stop loss of 360.7 for the target of 368 , 372
Sell below 361 with stop loss of 364 for the target of 356 ,350

13/05/2011 Intraday Trading Ideas

Todays Nifty's closing will decide the next week's market if it closes below 5440 then the market will go in bear's hand .

Levels for today

Support 5463 , 5449 , 5438 , 5412
Resistance 5505 , 5522 , 5545 , 5560

Short BAJAJHIND at 69.6 with stop loss of 70.2 for the target of 68 ,67

12/05/2011 Intraday Trading Ideas

Nifty is moving between 5500-5600 for past 3 days and is not making any decisive move .
5530 will act as a support for today.

Levels for Today

Support 5553 , 5540 , 5530 , 5500
Resistance 5576 , 5590 , 5603 , 5614

Buy TATAMOTOR at 1201 with stop loss of 1289 for the target of 1224 , 1237
Buy UNITECH at 35.8 with stop loss of 34.9 for the target of 36.9 , 37.5
Buy MoserBaer at 43.4 with stop loss of 42.7 for the target of 44.7 , 45.5

11/05/2011 Intraday Trading Ideas

For today's Nifty 5550 will act as a hurdle once it crosses then it will go upto 5590 and next 5630 and in downside it will find support at 5500.

Levels for today
Support 5522 , 5511 , 5500 , 5480
Resistance 5550 ,5570 , 5590 , 5620

Short Renuka at 68.4 with stoploss of 70.5 for the target of 63.3

10/05/2011 Intraday Trading Ideas

For Todays Nifty will find support at 5530 and next support is at 5500 and 5570 is having a mild resistance once it got crossed Nifty will go upto 5630 if it crosses this then it will test 5680 but there is less possibility for crossing 5630. At any point between 5630-5680 Nifty may turn its direction downwards.

Levels for Nifty

Support 5530 , 5519 , 5500 , 5473
Resistance 5570 , 5583 ,5600 ,5630

Buy JINDALSTEEL at 632 with stop loss of 626 for the target of 644 , 649
BUY TATASTEEL at 588 with stop loss of 584 for the target of 599 , 604
Buy GVKPIL at 22.85 with stoploss of 22.3 for the target of 23.9 ,24.5

09/05/2011 Intraday Trading Ideas

All the Prices are based on Spot

Nifty as of now is having support at 5440 and 5680 will act as resistance
For Today Nifty can be bought at 5515 with stop loss of 5495 for the target of 5597 , 5670



Buy Axisbank at 1245 with stoploss of 1225 for the target of 1290
Buy TATASTEEL at 588 with stop loss of 581 for the target of 604
Buy TCS at 1136 with stop loss of 1118 for the target of 1165 , 1177
Buy INDHOTEL at 79.3 with stop loss of 78.5 for the target of 80.9 , 82.9

06/05/2011 Intraday Trading Ideas

Nifty may get support at 5430 if it fails then it will reach 5350 , 5310 , 5230 .
The zone below 5300 will be danger zone for Nifty
A pull back is expected before making further fall so one can buy Nifty at 5430 with stop loss of 5390 for the target of 5550 , 5600.
Levels for today
Support 5430 , 5415 , 5400 , 5370
Resistance 5487 , 5504 , 5548 ,5560


Short RENUKA at 69 with a stop loss of 71 for the target of 66 , 63

05/05/2011 Intraday Trading Ideas

All Prices are based on spot price.
A minor pullback will be there in NIFTY 5475 is having a support so one can buy Nifty between 5480 and 5500 with a strict stop loss of 5460 for the target of 5575

Levels for today

Support 5519 , 5500 , 5480 , 5460
Resistance 5555 , 5566 , 5575 , 5584

Buy Axisbank at 1220 with a strict stoploss of 1205 for the target of 1260 , 1280

04/05/2011 Intraday Trading Ideas

Those who took position on 5400 PE as recommended on 02/05/2011 to buy below Rs 15 can square off half of their position above Rs 45 it has tripled and hold the remaining position.
All prices are based on spot
Now for Nifty one support is at 5525 and another at 5475 as of today some consolidation will be happening before breaking 5475 .Short Nifty whenever it bounces in upper side it will not be able to cross 5680

Levels for Today

Support 5525 , 5505 , 5475 , 5450
Resistance 5600 , 5630 , 5661 , 5680

Short ACC 1093 with a stop loss of 1105 for the target of 1062
Short Ambujacem 151 with a stop loss of 153.25 for the target of 145 , 142

03/05/2011 Intraday Trading Ideas

To keep the bear intact Spot Nifty should not stay above 5750 if Nifty goes above 5760 wind out short positions , short can be initiated below 5740 with stop loss of 5760 when Nifty goes below 5680 add more shorts for the target of 5632.
Nifty will give a bounce once it reaches 5632 cover the shorts.


Levels for today
Support 5680 , 5657 , 5634 , 5613
Resistance 5735 , 5755 , 5768 , 5788

Short TATACHEM at 376 with a stop loss of 380 for the target of 370 , 365