Intraday Stock Trading

Today MCX GOLD May agreement was dealing at Rs 29168.20 up Rs 39.20, or 0.14%. It moved an intraday great of Rs 29221.00 and an intraday low of Rs 29152.00. So far 6105 agreements have been exchanged. More Information about Intraday tips visit the site intraday-stock-trading.blogspot.com

At 13:22 hrs Intraday MCX GOLD Aug agreement was dealing at Rs 29546.20 up Rs 36.00, or 0.13%. It moved an intraday great of Rs 29595.00 and an intraday low of Rs 29452.20. So far 335 agreements have been exchanged.

At 13:22 hrs MCX GOLD Oct agreement was dealing at Rs 29876.20 up Rs 12.00, or 0.05%. It moved an intraday great of Rs 29927.00 and an intraday low of Rs 29870.00. So far 38 agreements have been exchanged.

HDFC LTD (LTP: 676.7) - SELL
Intraday Picks For present-day business, brief place can be started only in Rs.683-686 variety for a focus on of Rs.671, with a demanding stop-loss of Rs.692.52. Investors are recommended to prevent day whipsaw. More Information about free share tips visit the site intraday-stock-trading.blogspot.com

TATA POWER (LTP: 105.8) - BUY
For present-day business, lengthy place can be started only in Rs.104 -102 variety for a focus on of Rs.107-109, with a demanding stop-loss of Rs.102. Investors are recommended to prevent day whipsaw.

HAVELLS (LTP:567) - BUY
For present-day business, lengthy place can be started only in Rs.562 -559 variety for a focus on of Rs.575-580, with a demanding stop-loss of Rs.555. Investors are recommended to prevent day whipsaw.

ITC (LTP:247) - BUY
For today's trade, long position can be initiated only in Rs.242 -240 range for a target of Rs.249-252, with a strict stop loss of Rs.238. Traders are advised to avoid early morning whipsaw.

Marketplaces finished with minor failures on Thursday after a unstable time ahead of Apr F&O expiration. In the mid-day Stock trade, the main spiders dropped greatly after the foreign score agency Standard & Poor's revised its Native indian perspective to negative, stating investment & economic growth recession and increasing of current account lack. More information about Stock trading tips visit the site intraday-stock-trading.blogspot.com

But, the restoration by the Stock trading market towards the end of the time indicated that it priced in the news. Even the benefit in Western markets assisted Native indian shares restore.

• Industry depth was adverse as the A/D rate was 0.67:2 on the BSE.

• NSE money income was Rs.10,472crs. Vs. Rs.11,853crs. in the past time.

• Unless the BSE FMCG, Automatic and Medical care spiders, all the sectoral spiders finished reduced. The top losers were the BSE CD, IT, Real estate and Energy spiders. The top gainers from the BSE 30 were Bharti Airtel, Hero Moto Corp, Sterlite and Maruti. The top nonwinners were Wipro, GAIL, BHEL and TCS.

As per the provisional results on Thursday, FIIs were net suppliers of Rs. 342crores in the money industry, while they were net customers of Rs. 292 crores in the F&O industry. DIIs were minor net customers of Rs. 41 crores in the money industry.

Yes Financial Nifty institution revealed a strategy, known as Edition 2.0, on 29th Apr 2010, wherein, it targeted to develop its Stability Piece, Developments and Remains at a CAGR of 33%, 35% and 36% over FY10-15 to Rs1500 bn, Rs1000 bn and Rs1250 bn respectively. As of Dec 2011, it has been able to develop the same at a CAGR of 43%, 32% and 38% to Rs711 bn, Rs359 bn and Rs469 bn respectively from FY10. More Information about nifty trading tips visit the site intraday-stock-trading.blogspot.com

Financial on the benefits amount deregulation, Yes Bank was among the first financial institutions to raise rates on benefits records to 6% at first and later to 7%, leading to 99.2% YoY and 40.0% QoQ growth in benefits remains in Q3FY12 (leading to 160 bps QoQ enhancement in CASA rate to 12.6%). It has efficiently utilized several wage records and the account starting amount has grown by ~4x the pre-deregulation program (earlier it was gaining ~6000-7000 customers monthly, now it is almost at ~25,000 a month).

NIMs to increase in long term

Yes financial of nifty trading institution desires NIMs to increase to ~3.3% by FY15 from 2.8% in Dec 11. This will be assisted by enhancement in generate on developments led by improved puncture in the mid business & store sections and decrease in price of remains assisted by fast division development (from 331 in Dec 11 to 750 by Mar 14) and distinct mobilization of low price CASA remains.

Best resource quality

Nifty Asset excellent of Yes Financial institution continues to be among the best in the market, with major NPA of 0.20% & net NPA of 0.04% and supply protection rate of 80%. The control indicated that there is no immediate pressure on resource excellent and it does not anticipate considerable pressure in arriving places. It is being concerned on resource excellent and is carefully tracking its publication to prevent any rises. As of Dec 11, the lender's updated share was at a simple 0.47% of developments, which is one of the smallest in the market. It has also not been a part of any CDR until time frame.

Intraday Picks

DELTACORP (LTP: 67) - BUY
For present-day business, lengthy place can be started only in Rs.66-65 variety for a focus on of Rs.72-73, with a demanding stop-loss of Rs.64. Investors are recommended to prevent day whipsaw. More information about Intraday tips free trial visit the site intraday-stock-trading.blogspot.com

BHUSANSTEEL (LTP: 394) - BUY
For present-day business, lengthy place can be started only in Rs.385-380 variety for a focus on of Rs.415-425, with a demanding stop-loss of Rs.372 on ending base. Investors are recommended to prevent day whipsaw.

SUNPHARMA (LTP: 577) - BUY
For present-day business, lengthy place can be started only in Rs.567 -563 variety for a focus on of Rs.584-588, with a demanding stop-loss of Rs.558. Investors are recommended to prevent day whipsaw.

HINDALCO (LTP: 124.1) - BUY
For today's trade, long position can be initiated only in Rs.123 -122 range for a target of Rs.125.5-128, with a strict stop loss of Rs.121. Traders are advised to avoid early morning whipsaw.

Larsen & Toubro: Larsen & Toubro has signaled a trend reversal after three white soldiers failed to carry the positive momentum beyond Rs1,376 which turns out to be the bearish resistance line. More Information about Intraday tips visit the site intraday-stock-trading.blogspot.com

The break away gap appearing on Tuesday Intraday tips session was also filled up after an appearance of negative candle on Wednesday trading session. The daily RSI has failed to ignite positive momentum and has been struggling to surpass the resistance of 56 levels.

Recommendation: Indiainfoline recommends intraday to go short on L&T April Fut below Rs1341.6 with stop loss of Rs1366.5 for target of Rs1291.6. (Duration 7 days)

Shriram Transport Finance : On the daily chart, Shriram Transport Finance has been holding its 200-DMA for last three weeks followed by a range breakout above Rs602, thus putting an end to its consolidation phase and is likely to be followed with sharp up move towards Rs643. Adding to it the volume trend has been quiet impressive as it has been expanding with price rise.

REC LTD (LTP: 217.6) - SELL
For today's trade, short position can be initiated only in Rs.219-223 range for a target of Rs.203-200, with a closing based stop loss of Rs.226. More Information about free share tips visit the site intraday-stock-trading.blogspot.com

Share Tips For Intraday Picks

- LT (LTP: 1298.6) - BUY
For today's trade, long position can be initiated only in Rs.1278-1274 range for a target of Rs.1305, with a strict stop loss of Rs.1263. Traders are advised to avoid early morning whipsaw.

- MPHASIS (LTP: 406) - SELL
For today's trade, short position can be initiated only in Rs.414-416 range for a target of Rs.403, with a strict stop loss of Rs.423. Traders are advised to avoid early morning whipsaw.

- HDFC (LTP: 663) - BUY
For today's trade, long position can be initiated only in Rs.657 -653 range for a target of Rs.676, with a strict stop loss of Rs.649. Traders are advised to avoid early morning whipsaw.

- JETAIR (LTP: 333) - BUY
For today's trade, long position can be initiated only in Rs.326 -320 for a target of Rs.340-346, with a strict stop loss of Rs.317. Traders are advised to avoid early morning whipsaw.

- DLF (LTP: 207.4) - SELL
For today's trade, short position can be initiated only in Rs.209-211 range for a target of Rs.203-200, with a strict stop loss of Rs.213. Traders are advised to avoid early morning whipsaw. More information about Stock trading tips visit the site intraday-stock-trading.blogspot.com

- AXIS BANK (LTP: 1175.8) - BUY
For today's trade, long position can be initiated only in Rs.1160-1155 range for a target of Rs.1185-1200, with a strict stop loss of Rs.1140. Traders are advised to avoid early morning whipsaw.

- DR REDDY (LTP: 1693) - BUY
For today's trade, long position can be initiated only in Rs.1650-1660 range for a target of Rs.1710-1730, with a strict stop loss of Rs.1640. Traders are advised to avoid early morning whipsaw.

MARUTI (LTP: 1309.5) - SELL
For today's trade, short position can be initiated only in Rs.1320-1330 range for a target of Rs.1235-1215, with a closing based stop loss of Rs.1370.

- AMBUJACEM (LTP: 167) - BUY
For today's trade, long position can be initiated only in Rs.162 -158 for a target of Rs.176, with a strict stop loss of Rs.156 (closing basis). More information about Stock Intraday tips visit the site intraday-stock-trading.blogspot.com

Stock Intraday Picks

- WIPRO (LTP: 436.9) - BUY
For today's trade, long position can be initiated only in Rs.428-426 range for a target of Rs.438, with a strict stop loss of Rs.421. Traders are advised to avoid early morning whipsaw.

- GAIL (LTP: 367.8) - BUY
For today's trade, long position can be initiated only in Rs.361 -359 range for a target of Rs.369-374, with a strict stop loss of Rs.355. Traders are advised to avoid early morning whipsaw.

- REC LTD (LTP: 194.3) - BUY
For today's trade, long position can be initiated only in Rs.191 -188 range for a target of Rs.194.50-199, with a strict stop loss of Rs.187.50. Traders are advised to avoid early morning whipsaw.

- ANDHRABANK (LTP: 119) - BUY
For today's stock intrade, long position can be initiated only in Rs.114.5-112 for a target of Rs.118-122, with a strict stop loss of Rs.112. Traders are advised to avoid early morning whipsaw.

Technical View:

The daily chart on NIFTY suggests that the NIFTY has resistance at 5311/5341. If it breaks 5341 we could see the next key resistance levels of 5421/5451 or even 5490. On the down side, the NIFTY has found the support at 5181/5141 levels. More Information about nifty trading tips please visit the site intraday-stock-trading.blogspot.com. Technically the short term trend on NIFTY is likely to remain volatile. Trade Cautiously as breakout of 5180/70 would invite fresh selling pressure and then 5121/5071 is possible

Day Trading Strategy:

Nifty may open flat to negative note and it would remain range bound between 5181 and 5281 levels. Breakout of either level would dictate the intraday trend. The overall daily chart structure is likely to remain volatile and it has support at 5140 and 5121. Below this level, it could test 5090/5070 levels. On the higher side, the resistance for NIFTY is seen at 5310 and 5341. Volatility may remain high ahead of F&O market expiry.

BHUSHAN STEEL (LTP: 396.5) - BUY
For today's trade, long position can be initiated only in Rs.385-380 range for a target of Rs.405-420, with a closing based stop loss of Rs.375. More information about Intraday tips free trial visit the site intraday-stock-trading.blogspot.com

Intraday Picks

- LT (LTP: 1300.7) - SELL
For today's trade, short position can be initiated only in Rs.1330-1335 range for a target of Rs.1300-1289, with a strict stop loss of Rs.1348. Traders are advised to avoid early morning whipsaw.

- YES BANK (LTP: 372.1) - BUY
For today's trade, long position can be initiated only in Rs.366 -363 range for a target of Rs.376-383, with a strict stop loss of Rs.359.50. Traders are advised to avoid early morning whipsaw.

- TATA MOTORS (LTP: 272.6) - BUY
For today's trade, long position can be initiated only in Rs.268 -267 range for a target of Rs.274, with a strict stop loss of Rs.264. Traders are advised to avoid early morning whipsaw.

- SESAGOA (LTP: 199) - BUY
For today's trade, long position can be initiated only in Rs.198 -196 range for a target of Rs.204-206, with a strict stop loss of Rs.194. Traders are advised to avoid early morning whipsaw.

"Intraday Tips Free Trial"

GUJFLUORO (LTP: 501) - BUY
For today's trade, long position can be initiated only in Rs.480-470 range for a target of Rs.520-540, with a closing based stop loss of Rs.460.

"Intraday tips"

Intraday Picks

- HCL TECH (LTP: 480.9) - BUY
For today's trade, long position can be initiated only in Rs.475-472 range for a target of Rs.487, with a strict stop loss of Rs.466. Traders are advised to avoid early morning whipsaw.

- AXIS BANK (LTP: 1150) - SELL
For today's trade, short position can be initiated only below Rs.1140 for a target of Rs.1105, with a strict stop loss of Rs.1158. Traders are advised to avoid early morning whipsaw.

- TATA POWER (LTP: 113.5) - SELL
For today's trade, short position can be initiated only in Rs.115.50-116.50 range for a target of Rs.112-110, with a strict stop loss of Rs.118. Traders are advised to avoid early morning whipsaw.

- INDIANBANK (LTP: 232.0) - BUY
For today's trade, long position can be initiated only in Rs.227-225 range for a target of Rs.238-240, with a strict stop loss of Rs.222. Traders are advised to avoid early morning whipsaw.

- APOLLOTYRE (LTP: 77.5) - BUY
For today's trade, long position can be initiated only in Rs.75 -74 range for a target of Rs.79-80, with a strict stop loss of Rs.72.5. Traders are advised to avoid early morning whipsaw.

Our Sharetips Expert Consider for this week...Buy considering 16142 a crucial support keeping stop loss of 16096. Upward side it'll surge up to 16532 & thereafter to 16581, 16626 & 16733-16772, sell on higher levels keeping stop loss of 16848. In any better scenario crossover above 16848 it'll surge up further to 17088, overall go short keeping stop loss of 17143.
Downward side-break below 16096 it'll turn weak & fall down to 15993 & 15902-15849 initially. A close below 15849 it'll heavily crash down to 15706, 15436 & 15000

Markets Today:-

The trend deciding level for the day is 16,586/4,971 levels. If NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 16,750 – 17,012/5,021 – 5,099 levels. However, if NIFTY trades below 16,586/4,971 levels for the first half-an-hour of trade then it may correct up to 16,324 – 16,160/4,894 – 4,844 levels.

According to a report by sharetips expert, if nifty trades below 4971 levels for the first half-an-hour of trade then it may correct up to 4894-4844 levels.

The trend deciding level for the day is 16,586/4,971 levels. If Nifty above this level during the first half-an-hour of trade then we may witness a further rally up to 16,750 – 17,012/5,021 – 5,099 levels. However, if NIFTY trades below 16,586/4,971 levels for the first half-an-hour of trade then it may correct up to 16,324 – 16,160/4,894 – 4,844 levels.

NIFTY :- Nifty opened flat too negatively after showing range bound situation, made a high of 5055, was not able to cross previous day high, and at the end closed flat too negatively. Because of flat closing there were no changes in support resistance. Now consider resistance at 5100-5170-5200-5230. Down side support at 5025-4911-4880. Close below 5000, do not hold long position.

BSE :- Sensex opened flat too negatively after showing some volatile session in the market. At the end, it closed flat too negatively. Because of flat closing there were no changes in support resistance. Now we may consider support at 16745-16500-16432 and resistance at 17000-17211-17314.

Last week, the Indian market witnessed a stupendous rally. Sharetips expert says, it’s time to consolidate, but the bias is definitely positive. “If the Nifty holds on to the 4,920, which from the close is about 130 odd points, you are in for a decent rally. I would use the dips to buy.”

According to Sharetips expert, technology is going to take the mantle this week.

We said ‘technically some more profit booking is not ruled out and support exists at 4850’. The market opened flat and without losing ground and closed strongly positive for the day and the week. Technically now it looks up and the next logical target on the way is up to 5109-5177.