Market Trend For Next Week (28 May- 1st June)

The equity market closed flat on the last trading day of the week. It was a choppy rangebound session where nifty closed flat by the of the day. NSE's index, however managed to stay above 4900 level.

The expectation from Friday's market when Nifty rose up significantly due to the hike in petrol prices. Soon vanished with the fact that any meeting on a diesel price hike was differed.

The coming week likley to remain same. The dollar rupee battle could a key factor to decide the market direction. Technically Nifty doesnt seem to be in Bullish run before 5100 level.

For Near term staying above 4950 could bring nifty up. Support for Nifty is seen near 4870-4850.

Stock To Buy-

Buy BPCL for the short term target of 775-790 and keep a strict stoploss of 699

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Stock Tips for Tomorrow

 State bank of India Ltd. -

Buy above 1991 TG- 2011-2024-2048 Stoploss below 1942

Sell JSW steel below 579.50 Target- 570-562 SL- 589

esle buy above 602

Buy Aurobindo pharma above 117.50 TG-120-123.60 SL- 113.50

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Market Today- Stocks To Buy

Indian market started off the day with marginal gains but the market doesn't seems to be out of the bearish trend. Though US market closed relatively positive but opening of Asian markets is negative. The improvement seen in the market sentiments is because of the price hike in petrol prices. The market could be choppy and volatile for today.

Best Stocks To Buy Today-

HPCL- Buy HPCL above 314.50 TG- 318-321.50 SL- 311.40

BPCL- Buy BPCL above 723 TG- 730-738 SL- 716

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Market Outlook- Nifty For Tomorrow

 -> Rupee crossed 56 gainst US doller after opening 40 paise down today. It touched the lowest level of 56.22.

-> Indian market remained volatile today and closed with marginal loss. Sensex Closed at 15948 losing 78 points while NSE nifty shut its hop at 4835.65 and lost 24.85 points.

->Market is likley to remian negatively biased for tomorrow also. Nifty can face a heavy downfall below the level of 4768 level.  Technically Nifty is looking stable only above 5100 level.

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Nifty Futures Stock Trading Tips for Today

The market is expected to trade in narrow range with slightly  negative  bias. Trading above 4878 may invite some rally in NSE nifty but a pull back rally could follow the same. So traders are advised to sell on higher levels in Nifty Futures.  Following are the stocks which can be traded in intraday basis for Today-





Larsen and Turbo-

Buy L&T stock above 1165 TG- 1182-1190 Stoploss- 1149

Reliance Capital Ltd.

Buy this stock above  311.50 TG-315.50-317.50- 320 SL- 306.70

Coal India-


Sell Coal India Ltd Below 304.40 TG- 301.50-298.00 SL- 306.50

else buy above 307.50

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Intraday Stocks To Buy Today

Bharat Heavy Electricals Ltd.

Buy BHEL above 209.50 TG- 212.50-214.00 with a stoploss at – 207.50

Suzlon energy

Buy Suzlon at around 21.75-22 TG- 22.20-22.55 SL-21.55

IDBI Bank Ltd-

Buy above 90.25 TG- 91.00-91.75-92.00 SL- 88.75

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Share Market Outlook: Nifty Tomorrow

Today The Indian markets ended flat in a choppy session The strong opening witnessed by market could not avoid the negative global cues and market fall sharply in late trade due to sharp fall in Rupee.

The blue chip giants like Relaince industries and SBI helped market to survive in green zone and NSE niftt closed marginally higher.

NSE Nifty Closed at 4906 and Nify futures settled near 4904 after making trivial gains.

Nifty seems to be yearning for a pull back after losing significantly. So a pull back rally is expected from the market. Tomorrow, If global cues favors, technically nifty may take a leap to put on some gain.

Technicaly , Nifty is having crucial resitance of 4930-4960. On the donwside, 4878-4840 are crucial support levels.

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Nifty Today and Intraday Stock To Buy

The Market staretd off the day in a very positive note and is expected to remain positive for the day. Before this, International market closed lower making biggest weekly decline. Last week, the Dow ended with nearly 4% losses, the S&P 500 declined over 4% while the Nasdaq lost more than 5%. Indian markets on the other hand are expectd to continue Friday's uptrend further. Technically Nifty is likely to touch 4960 and then 5000 level today. But inability to prevail 4930 level may reverse the nfity pointer. A trade below 4900 would again invite the bearish run for the day. 

Stocks To Watch Today 

State Bank Of India- Buy Above 1980 TG- 2000-2040 SL below 1959 

Reliance Capital Ltd. - Buy for the Intraday Target of 315-320

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Nifty Today and Market Trend For Coming Week

The market recovered during late trade on the back of the SBI result showing excllent performance in its fourth quarter along with the rupee recovery.

The market gained significantly after making a low of 4789 and recovered more than 100 points after touching the low. The last hour trade helped nifty To close in green Zone. Nifty Closed at 4891 adding 21 points to its previous close.

Nifty Futures gained 52 points and closed at 4920 mark. As we predicted earlier, it is required for the market to remain consistently above 4930-50 level to prevail the postiveness.

For the next week 5000-5050 on upside and 4730 on the downside would act as direction deciders of the market.

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Market Forecast for Tomorrow: 16 may 2012

As we predicted, the market broke the five-day losing streak and  touched the green level today to make a substantial gain on index. Nifty could able to touch 4950 level and finally closed near it at 4942.80.  Market is likely to continue this positive trend  if Nifty prevails the level of 4950. we can expect the NSE index to touch 5000 soon above this level. While trading below 4900 may cause a downside in the market again.

Nifty Future Tips for Tomorrow-

Buy Nifty Futures above 4968 for the targets of 4982-4996-5010 Stoploss- 4928

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Nifty Trend and Intraday Tips for Today

The market may suffer a 30-40 point decline initially  and a pull back later.  Nifty is facing support zone of 4866-4840 and a trade below these levels may push down the market further.
Staying above 4930 may bring up some positiveness in the market. Technically Nifty  is looking positive for today and we can see some upside momentum  in today's trade.


Stocks To Watch Today- 


Bajaj Auto- Buy Above 1589, TG- 1600-1610 SL- 1579
Tata Chemicals- Buy Above 330 TG- 333-335 SL-326.50

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Stock tips for Today

Stock Tips for Today-

Buy Titan Industries Ltd. Above 245.50 TG- 247.70-248.50 SL- 243.50

Buy Raymonds Ltd above 386.50 TG- 389.00-391.50 SL- 383.70

Buy Dhanlaxmi bank Ltd at 56.20 TG- 56.70-57.50 SL- 55.60

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Nifty Today: Market Trend and Trading Tips for Today

The market started the day with red mark and likely to continue this trend for the day. Nifty  has breached the psychological  level of 5000 and now heading towards 4950 level as per the technical analysis.

For Today Nifty futures can be opted for short selling. 

Sell Nifty Below 4989 TG-4967-4955-4938 Stoploss- 5035

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Nifty Intraday Trend For Tomorrow- 4th May 2012

After a range bound trade of yesterday, NSE Nifty fall significantly Today and witnessed a loss of 50.75 points. The technical pattern are indicating uncertainty in the market. Since Global markets are looking supporting, so we can expect a positive trading day for tomorrow Nifty.

Nifty Futures Closed at 5204 level and lost 43 points. The may series of nifty futures could find support near 5140 level. Resistance is seen near 5275-5300 mark.

For Tomorrow Traders can go for buy in Nifty Futures above 5228 for the targets of 5255-5280 Keeping a stop loss below 5175.

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Stock Tips for Tomorrow 3rd May 2012

Buy Titan Industries Ltd Stocks- Above 243.35 Target- 245.20-247.50 Stop-loss- 241.20

Buy United Phosphorus Ltd. At 120.50 TG- 122.50 SL- 118.75

Buy Yes Bank above 348.90 TG-353.50-355 SL-346.70

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