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.

Prakash Gaba said ‘Technically the market is still in a sell mode... we are now into an F&O expiry week...we also now head into a the Financial Year ending...the market is expected to be volatile and if it slips down then the target of 5080 could be achieved...however 5400 is a stiff resistance to deal with.’ More Information about nifty trading tips please visit the site intraday-stock-trading.blogspot.com

The market unfolded volatile as expected and came closer to 5101 to bounce back on the last day of the week to close marginally positive.

Technically the bar generated for the week is a bar that displays strength and gives an indication that the down move temporarily could be arrested. We now have a truncated week with just 2 days of trading with a long weekend ahead. Technically we could see some volatility and the upside could be limited to 5382 zones with strong support emerging around 5200 zones.

From a trading point of view, Prakash Gaba advises traders to trade long as long as 5200 holds

- 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.

The Nifty opened and breached our stop loss at 5435 in the first fifteen minutes of trading, thus locking in a good profit for us. The RBI did not make any changes to the CRR nor did it cut rates hence today being a potential event day became a non event day. There were so many built in longs in the system especially on the Bank Nifty yesterday expecting an event day, which is why the Bank Nifty(Nifty Trading Tips) corrected sharply today.

Most analysts would say to stay out of the market on big event days like tomorrow, could be a wise move. However after seeing the way the market has been gaping up this last week and the down move today, also considering the market has moved up sharply since the 3rd of January 2012, there is potential down side or a correction as we technical analysts might call it.

Hence I have gone short on the market with a stop loss at 5465, to be clear I have gone short with 25% of the quantity I usually trade. This is a high risk trade!

NIFTY

Trading range to continue... consider support 5210
As long as hold - positive bias to continue...
Break of support level test 5100-5000 mark
Higher level resistance 5450- 5490 - crossover test 5630
Thereafter be prepare added another 300 points.

BSE INDEX

Index is moving in trading range 17300 to 18000
Above 18000 will move further and retest 18500-18826
Break 17300 - decline bias will be accelerated.
Above 17732, bullish view confirmed.
Hold 17300 and positive in Budget Proposal
Lead to18800-19500

BANK NIFTY

Rally from 7766 to 11226 = 3460 point move.
Close watch support / Retracement Level in coming days
Retracement Level... watch out
10410---9904---9496---9088

NIFTY FUTURE

Closed at 5391
Higher level resistance 5440-5450
Reversal to sell side...
Rally from 4531 to 5630 = 1100 Point move
Close watch support/retracement level in coming days
Retracement Support 5210-5080-4950

BANK OF BARODA

Looks - good - as long as holds 800-805 level and remains
May test 850 mark.

TCS

Time to sell... short term support broken
Once break... ? More down side expected.

MARUTI

Above 1300, do not worry bulls
Up move test...?

RELIANCE

Trading range continue...
Support 800-796
Resistance - 833 watch out.

SBI

Smart moving in either side...
Money making counter for Professional Traders
Sell on Resistance, Buy on Support
Quick Entry/Exit strategy to be followed.
Resistance 2300-2310 - support 2200.

BHEL

Bear move start any time...
Confirmation awaited...
Below 310 avoid long.