Multi bagger and Midcap tips updated.Check it.
http://dalalsecuritiestipspageupdatingtechni.blogspot.com/2009/06/hot-midcap.html
http://longtermtipsdalalsecurities.blogspot.com/2009/06/strong-trade.html
Market very bearish on today.Again all over the world, seeing the sign of loosing the positive breadth that had for the last one and half months.4% slump in the opening, we predicting and could see some recovery in the mid session.As we reported yesterday, United states would take some more time to recover and to back from the recession.The time is not predictable, it could be years.We seeing some stocks could correct today between 5-15%, that have been updated in tips today, please see it.Have a nice trading day.
March leading indicators fell to -.3% in United states.Number is for the month of march.That was larger than the consensus estimate of -0.2% and marked the third straight monthly decline in the series. The February report was revised higher to show a decline of -0.2% versus a previously reported -0.4%. Looking at the components within the index, it was M2 and the interest rate spread that were the big offsets again, as they contributed 0.34% and 0.26%, respectively, to the leading index.
Consumer expectations added 0.08%, consumer goods orders were estimated to be flat, and all other components were reported to have a negative net contribution with building permits (-0.26%) the biggest drag.
Purpose
The purpose of the leading index is straightforward: It is designed to signal turning points in the business cycle.
Composition
The index of leading indicators includes the ten economic statistics listed below.
1.The interest rate spread between 10-year Treasury notes and the federal funds rate.
2.The inflation-adjusted, M2 measure of the money supply.
3.The average manufacturing workweek.
4.Manufacturers' new orders for consumer goods and materials.
5.The S&P 500 measure of stock prices.
6.The vendor performance component of the NAPM index.
7.The average level of weekly initial claims for unemployment insurance.
8.Building permits.
9.The University of Michigan index of consumer expectations.
10.Manufacturers' new orders for nondefense capital goods.
source:briefing
Our market will open in positive mood.Only good news at all in the global markets, but we have to move very carefully,A speed breaker can approach any time in this race.There is no notworthy results on monday, and IIP number could not affect the market mood any more.Actually market was expected such bad numbers, but the speculators dose nt seemes to.That was the reason for thursdays dull trading.For intrday tips please watch Tips Today meny on the above side of the page.And have a nice trading day.
If an investor looks for the market, both global and domestic are ready to hear the annual numbers of the members.These numbers will decide the further upmovement of markets. All global financial giants are preparing to announce thier numbers in this week (Citigroup, J.P. Morgan, Goldman Sachs).The other companies are GE,Intel etc..In domestic market we have only 4 days to trade in this week, and Infosys results will out on 15.
Regarding the US bank results, different predictions are coming from the various sides,Some expects the write -off will continue and could go thats worst part.But some believes this is the time to expect some surprise news from the Boards.We Dalal securities have a postive outlook on the market and on the overseas results.
Alok industries ,all possible to touch 15 .
Bharati Airtel could see at 680.
PowerGrid could move to 100.
These are only speculators predicts,no technical support for these information.If you trading these stocks ,that will be your on risk.
We like today ANSAL INFA today as well as GMR which we recommended yesterday could break out with in 5 days.We also like Dish tv in long run.
U.S. stocks break a five-session losing streak, part of a worldwide rally on hopes for more stimulus spending from the Chinese government. But the rally passed over one major industrial player in China: Shares of General Electric slid again and speculators in the derivatives markets continued betting against the conglomerate. The U.S. and China are viewed as the twin engines of economic growth, and the surprising vulnerability of China to the financial crisis was one of the biggest weights on industrial and commodities sectors in recent months.
Asian markets opened with this hope , nikkie is now trading at 3% up and sydney is also trading at 1.5% higher.So trading at higher in india also possible today.Have a nice trding day.
We like today to recommend GMR industries.Stock is trading at good valuations and could make a rally to 130 and above.
Verybad numbers from the world auti giants .Ford leads in the worst news that lost 50% of sales compare to last year of same period.More over to these Australian GDP also has nothing to joy.Sydney lost 2% in the morning itself, other asian markets also not trading higher.Sensex is trading at very critical area ,its really a range bound market.Market likely to be positive in closing amid of these bad news.Because lots of shorts exists.Other bad news is that CLSA lowers india GDP expectation to 4.9%.So nothing good expects today.Have a nice trade day.
Rupee sinks all time low ,that now it is trading at 52.19.It is said that above 52 now sellers at all other than RBI.RBI very keen about the not to further sink of rupee.Deep fall in the equity market has brought this situation ,as FII becomes buyers other than any time.Technicals say rupee could depreciate further as to touch 53-54.
Australian gross domestic product shrank .5% for the period of october -december.There was a expectation that it will rise atleast .2%.
We like Dish TV and Cairn india today as both can down today.
See a major aupport at 22.30 for Dish tv ,according to the chart study it could easily make a down to this level.
And about Cairn india has all the possibility to slump 150, today itself.
The tips are for 3-4 days ,and it s so advised so because market is so volitile.
Shorting and holding the shares is always risk than buying the same.
U S market are down on yesterday trade and it s now at the 1996 levels.Ten companies, led by ConocoPhillips, Time Warner Inc. and recently acquired Merrill Lynch, are behind the bulk of the carnage that helped fuel the worst two-month start ever for the S&P 500 Index, which on Monday made another run through its November lows.
In india we dont feel much raaly today,as all asian markets are trading down today morning.Nikkie opened -1.5% and Hangeseng is the biggest loser with more than 3% down.We also go with the stream, recovery could seen after the lunch session ,but it will difficult to bring back the market to last week closing levels.Have a nice trading day.
For the last 4 weeks we were not active , ant we are coming back today.We regeret the inconvenience that happened to our regular readers.
As we have 10 days internalship ,we remain closed untill 10/02/09.Regret for the incovenience.
Buy BARTRONICS.Stock chart shown good support at 67.45 and seen good resistence at 72.60.
Closin gpoint is 69.45 and it could rally to 73 levels in 6 days.
Marketis likely to trade higher today.Only one to go toexpiry so some short covering can witness in selective counters."A rise in U.S. stock futures is supporting market sentiment," said Yumi Nishimura, a market analyst at Daiwa Securities SMBC in Tokyo, with hopes the new U.S. administration would move quickly to push through its fiscal stimulus proposal; also, CNBC reported the administration was close to deciding on a plan to set up a "bad bank" to buy bad or illiquid assets from banks.Buying interest can also seen in india also, have a nice trading day.
Buy DLF , it could witness 10% in one week.We also like NDTV, it could breake it out today itself.
Market is likely to open at lower , no chance for a rally.Market already lost the interest in january series, and interest transfered to feb series.Moreover Reliance industries disappointed by its results,but it was not bad as expected.Open interest exists in some of the counters so a big fall in midcaps not expected untill the february.Have nice trading day.
We had recommend these stocks also before the market open.But we missed the technicals of these stocks.
YES BANK
High resistence we could see at 72.55-72.95 range if the stock could breake the mark can make a rally to 76 range.
ORIENTAL BANK OF COMMERCE
Again another bank but its public sector bank.Two resistence to say one is at 147.05 and 154.25
Stock could breake the first mark in any time.
at last PUNJ LLOYD
Resistence at 104.70 and support at 100.20
If the resistence breake stock could touch 110.
Meracator lines have good support at 27.95, and the resistence at 29.20
Stock seems to touch 32 in one week.Bullish in chart and volumes for the last couples of trading day are good.
Buy MLL,OBC,YES BANK, AND PUNJ LLOYD
Not much time for market open, so the technicals of these stocks will published in minutes, please wait.
Good news from china,GDP up,RETAIL SALES up.More over this day seems to be another bounce back day.All the stocks taking steps to run .Banks seems to be the front runners today.As we mentioned yesterday the new generation banks will earn lot today.Watch BHARATI AIRTEL today because the last quarter result will be out.All expects good numbers as the telecom will be least affected in recession.Have a nice trading day.
Weakness likely to continue.Obama s presidentialship could not help the market as fast as.Only negative news around the world.January is the result season, everybody expects bad things to occur.Especially in the banking sector.All the bank stocks including private sector witnessing huge selling pressure for the last 3 session.It likely to continue today also, but stocks like HDFC BANK,YES BANK are at very good psition to hold for the future.Have a nice trading day.
Buy unitech at current value, it is like to continue the rally.Great resistence is at 31.90 and support seen at 26.05.Unitech likely to advance further and touch 36.
Next is a long term pick means atleast 7 days.Its GVK POWER and we could see atleast 8-10% rally.
Several facts to see in next two days.But world markets watching on Obamas speech.All the markets are shivering in today morning.Yesterday wall street was trading at low untill 1.pm and shown a recovery in last 3 hours of trade.The U.K. banking sector slumped on Monday, with shares of Royal Bank of Scotland falling nearly 67%, as a government plan to support the financial sector failed to reassure sector investors.
NIKKEI is trading below 8000 mark,HANGSENG also trading 500 point minus.All the markets are taking precaution before the global events.NIFTY SNGX opened and trading now at 50 points down than of yesterday close.
We have two tips today.
Buy ICICI BANK AND JET AIRWAYS.
TECHNICALS
ICICI bank likely to move 5% today itself,the major resistence point is at 430.70 and support seems at 399-402 area.
JET AIRWAYS
Resistence at 156.90,157.25 and 166.50
so it is one week call.In one week the jet can fly to 170 levels.
Its pain to see ,one day rally and next day slump.Market will trade today on 200 points up in sensex and likely to remain positive throught the day.Yesterday dowjones closed in green after the last hour rally.Bad news are flowing and some times markets does not mind these rumours or news.Intraday traders go ahead, but investors please wait.You will get the stocks at much lesser price.Have nice trading day.
Federal bank likely to slump 5% today.Major support points in this area is 143.15
If this breake could slashed to 137 range.
Its fluctuating, fluctuating seems not to steady in near future.Yesterday we seen a good rally ,that can not possible today.Last night U S market closed with 248 points down, on the worries retail sales numbers.The numbers plunge to 2.7% in december which month seems to be the best for shopping.Things likely to be more difficult in future and can test the october low of sensex in january itself.Citi shares drop 23% yesterday.The fall came following reports that Citi will soon unveil a plan to unload several businesses and reduce its size by one-third. The moves will effectively dismantle the old, super-sized Citi model pioneered in part by former chief Sandy Weill.Investors please wait untill the crash, traders please benefit the situation by shorting the shares.Have a nice trading day.
We today also likely to recommend another TATA group company-TCS.
TCS likely to advance today to 539 and seems good to buy for log period also.As the market condition is so bad please choose long period.
Falling,falling this seems not to end.Some nervouseness still in the market, but we feel its highly time to recall the market.All our tips in last weeks are not performed as our history yet.Yesterday our call was TATA STEEL , performed 5% during the day but cant sustain.We feels our remaining tips also going to perform from the day,be happy.Asia is trading in narrow band in opening.NIKKIE is trading with35 point up.Sydney stocks also single points higher in morning.We feel some relief in mumbai also.Have a nice trading day.
Buy TATA STEEL .Support seen at 199.50 and resistence at 210.70 and next resistence at 221.Now the share trading at 200.15
We expect the rally in 7 days.It could breake the 221.
Nikkie is trading 400 point below to the last closing on account of US slump.Nikkie was shut for the monday.India is also go to the way of global panic of unemployement,slowdown.But we could affect today as much as in other markets because we expects a recovery from the much below levels.Soft ware companies likely to continue the selling pressure but other sectors like oil,banks could back to the mainstream.Have a nice trading day.
We advise our readers to buy EDUCOMP SOLUTIONS and R.COM today.
10% rally in the next 7 days expects.And also close watch our last weeks tips.Our tips didnt gone minus even in the bad conditions.
Job losers number high ,and expect to more.This is very tight situation and could spread to all the world, that means could breach the boundry of india also.Only hope is on our financial controllers, but the issues like satyam also could happen even in the tight watchers presence. Market like to open lower and remain flat, and we are going to see some pull back in nifty and realty stocks today.Have a nice trading day.
Our last 2 days tips are not picked yet because of the unexpected events, but we feel it will achieve in the targeted time that is normally 7 days.
Today we feel BONGAI REFINERIES could breake the resistence of 42.15 and could rally to 43 levels, that means 5% rally sure in next 7 days.
POWER GRID corporation likely to move to 80 levels if it breaks 79 resistence, again call is for 7 days because of uncertinity is so high.
Today we feel BONGAI REFINERIES could breake the resistence of 42.15 and could rally to 43 levels, that means 5% rally sure in next 7 days.
POWER GRID corporation likely to move to 80 levels if it breaks 79 resistence, again call is for 7 days because of uncertinity is so high.
Satyam saga and dowjones down are the stars of today.For the last three days US market is trading at low points.Indian Markets also seems to be down today in opening but likely to see some rallies after the post lunch session.Yesterday infrastructure stocks like HDIL,UNITECH,L&T,NAGARJUNA CONS,JP ASSOCIATES,IVRCL crashed to 25% and more on the satyam news.But IT major like WIPRO AND INFOSYS shares not affected much the pressure of satyam.We see market remain in the selling mood .Have a nice trading day.
Buy ballapur chini, bharati airtel and indian bank.
Three are in bullish in target, seems to be 10% rally in 7 days.
Yesterday wall street ended in lower on because of bad reports from corporates.Decutsche bank outlook of 2009 is very bad , they are in the opinion that the bad is still to come in credit market.If you look at the construction spending numbers, the data is still in negative mark.The auto sector was the other that was in the news yesterday.The auto sales of TOYOTA,HYNDAI,NISSAN,HONDA......the list seems no end, hammered in December.All of the firms losts their 25-40% sales in the month of december compare to the last year same period.
India ,today to open in positive but it is likey to volitile.Nifty could trade in rangebound.Have a nice trading day.
India ,today to open in positive but it is likey to volitile.Nifty could trade in rangebound.Have a nice trading day.
Kingfisher airlines likely to move from today.Chart is so bullish ,we can not avoid 8-10% move.
Technicals
46.23 is resistence area ancould break this and rally till 49.15
Have a nice trading day.
In a bid to boost ease liquidity in the system and to help banks provide credit for productive purposes at appropriate interest rates, the Reserve Bank cut the cash reserve ratio by 50 basis points, and both the repo and reverse repo rates by 100 bps.The government and the Reserve Bank announced the fiscal and monetary policy measures on Friday evening, the market has started displaying strength, and perhaps the equity markets will start reacting positively at early trade on Monday morning.
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