Tuesday, August 19, 2008

commodity market call

HOLD GOLD FOR TGTS OF 812,820$.HERE BOOK PROFITS FOR THE GOLD YOU HAVE BOUGHT AT LOWER LEVELS
HOLD OLD GOLD LOTS
HOLD SILVER FOR TGT OF 20500,20800.
HOLD CRUDE FOR Tgts OF 116,118$ & BUY MORE
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FII DATA

FII

19/08: -716.35 Cr. (Prov)

DII

19/08: 14.56 Cr. (Prov)

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buy sugars

Cash Market Intra-Day: BALRAMCHIN (NSE Cash CMP 93.90) expected to go up. Buy with a Stop Loss of 92.90 level.

only positional traders

EDUCOMP HITS 2ND TGT,HOPE YOU ALL BOOKED 50% PROFIT.

HOLD ONGC,RELIANCE,BANKINDIA SHORTS.
HOLD 50% EDUCOMP SHORTS.
REST CARRY NIFTY,NIFTY PUTS.
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SELL SELL SELL

NIFTY FUT: Unwinding should continue up to 4313.40-4315.40 zone. Rallies up to 4354.05 can be used to exit. SL at 4393.75-4395.75 zone.

only positional traders

COVER ITC AND BOOK 50% PROFITS IN NIFTY 4500 PUTS.180 TARGET ALSO HITS.NEXT TARGET 200,230.

IF EDUCOMP TRADES BELOW 3285,SHORT FOR A TARGET OF 3250,3190.
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only positional traders

HOLD ONGC,INFOSYS SHORTS.
IF RELIANCE TRADES BELOW 2205,SHORT FOR A TARGET OF 2170,2150.IF BANKINDIA TRADES BELOW 254,SHORT FOR A TARGET OF 246,240.
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nifty sl hit

NIFTY FUT: SL triggered. Unwinding should continue up to 4338.40-4340.40 zone. Rallies up to 4387.40 can be used to exit. SL at 4393.75-4395.75 zone.

buy wit sl in cash market

Cash Market Intra-Day: EDL (NSE Cash CMP 121.30) going up. Technically it should have gone down. Amazing Stuff. Buy with a SL of 119.30.

BUY INDEX

NIFTY FUT: Buy with a Stop Loss of 4363.40 level. Target at 4393.75-4395.75 zone.

sl hit

RPL FUTURES (Update): SL triggered. Bulls done good work. If does not break 154.95 level then short covering may continue.

only positional traders

BOOK PARTIAL PROFITS IN ITC.
HOLD NIFTY,ONGC,INFOSYS SHORTS AND NIFTY PUTS ALSO.

IF NIFTY TRADES BELOW 4380,TARGET 4330,4280.
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SELL IN FUTURES

Futures: RPL FUTURES (NSE CMP 156.60) may go down. Sell with a Stop Loss of 158.60 level

sell cash market

Cash Market Intra-Day: RNRL (NSE Cash CMP 94.30) expected to go down. Sell with a Stop Loss of 95.30 level.

OUTLOOK FOR THE DAY 19TH AUG

Gm!!! "Maths Tell us One Plus One is Two. When One Plus One is More Than Two, it is Synergy."

NIFTY FUTURES (F & O)

Fall may continue up to 4382 level for time being.

Hurdle at 4419 level. Above this level, expect short covering up to 4435

level.

Sell if touches 4460-4462 zone. Stop Loss at 4477-4479 zone.

On Negative Side, break below 4363-4365 zone can create some panic selling up to 4355-4357 zone and thereafter free fall may continue.

Short-Term Investors:

Short-Term Upward Target at 4502-4504 zone.

Short-Term Support at at 4330-4332 zone.

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sensex

Bears dominated again & Downtrend may continue.

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GUJ NRE COKE (NSE Cash): Likely to Fall.

If breaks & sustains at below 97 level then downtrend may start.

Hurdle at 111 level. Supply expected at around this level. This supply should get absorbed too.

HINDALCO FUTURES (NSE): Likely to Fall.

If breaks & sustains at below 123 level then downtrend may continue.

Hurdle at 134 level. Supply expected at around this level. This supply should get absorbed too.

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OIL & GAS INDEX Stocks May Fall

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Strong & Weak futures

This is list of 10 Strong Future Stocks:

Polaris software,Ansal prop&inf, bata,Cummins India, Aptech Training,Bongaigaon,rolta,Strides Arcolab,ONGC,Gateway distripa.

And this is the list of 10 Weak stocks ;

Bombay Dyein,Amtek,Housing Dev & In, NDTV,Aban,Rel,Hindalco,LancoInf, S.kumar,Sun TV.


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Headlines for the day
Corporate News Headline
M&M formed a joint venture with Chinese tractor manufacturer, Jiangsu Yueda Yancheng with an investment of USD 26 mn. (ET)
NMDC and global miner Rio Tinto would form an equal joint venture to scout for iron ore and other minerals in India and overseas. (ET)
Bartronics India secured an order worth over Rs. 4 bn from social security organisation Employees’ State Insurance Corporation for providing smart cards. (BS)
Economic and Political Headline
The RBI report stated that due to high demand and improved capacity utilisation, the corporates are expected to pump in more money in the current fiscal on fresh and existing projects surpassing the record levels of Rs. 2.45 tn witnessed in 2007-08. (ET)
The Centre for Monitoring Indian Economy said that the Indian economy would continue to clock a robust over nine per cent growth in FY09. (BS)
The UK house prices fell 4.8% in August from a year earlier, as banks choked off mortgage lending, deepening London´s property slump. (Bloomberg)

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The Dow Jones Industrial Average closed at 11,479.39. Down by 180.51 points.
The Broader S&P 500 closed at 1,278.60. Down by 19.60 points.
The Nasdaq Composite Index closed at 2,416.98. Down by 35.54 points.
The partially convertible rupee ended at 43.59/60 per dollar on yesterday, weaker than Thursday's close of 43.01/02.

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Fii data

FII
18/08: -475.50 Cr. (Prov)
DII
18/08: 128.91 Cr. (Prov)

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