Thread: Todays Picks

18 JULY 2008

Buy Ranbaxy>460.2,462,467,486 sl 457.8
Buy Satyam>417.1,419,424 sl 414.7
Sell RPL<149.5,147.5,145.8,141 sl 152.3
Buy BHEL>1464.1,1481,1534 sl 1439
Buy Bharti Airtel>753.1,760,775 sl 748.9

Dear Friends...

I am back with my views and tips on the market.

JULY 08, 2010

Market will open with a positive note and is expected to test key resistance levels and is expected to remain in a range till noon. In the second part of the day we may see our markets taking cues from the European markets which are expected to open positive.

SENSEX (17471)

Sensex has support at 17440 and 17394 and 17350. Resistance at 17549, 17629, 17655 and 17733 levels.

NIFTY (5241)

Resistance at 5284, 5299, 5315 and 5336. Support at 5230 and 5210.

RECOMMENDATIONS

1) GLENMARK PHARMA (276.7)

Support at 272 and 268. Resistance at 280 above it can test 284, 289 and more. (Buy for medium term)

2) INFOSYS (2781)

Resistance at 2795 above it can test 2815 and 2829. Support at 2771 and 2763 (Buy at declines)

3) M&M (621)

. Support at 615 and 608. Resistance is at 625, 631, 636 and more (Buy at declines)

4) TECH MAHINDRA (756)

Resistance at 761, if moves up it can test 777. Support at 750 and 741. (Buy at declines)



5) STERLITE (159)

Resistance at 162, 165 and 171. Support at 155 and 153 (Buy at declines)

Dug the buried thread .... Anyway gud to c u back.... how's u buddy?

Ok, I'm goin to make this thread as sticky... will remain on top ... forever

Buy Apollo Tyre
Above 69
target 71-73
Stoploss 67.5.

Buy Jubilant Organosys
Above 370
Target 395

Buy SBI
Target 2,348 :
SBI is likely to achieve the highest core operating profit growth among state-owned banks.
Stoploss of Rs 2330.

Buy Amtek Auto on declines
With a Target of Rs 192-195
Stoploss 185.

Buy Amara Raja Batteries at CMP
Buy the stock at current levels and on decline to the levels of Rs 188
Short Term Target : 196
Stoploss 186.

JULY 09, 2010

Market will open with a positive note and is expected to test key resistance levels and is may remain in a range till noon. In the second part of the day we may see minor profit booking being the last trading day of the week.

SENSEX (17651)

Sensex has Resistance at 17728 and 17800 and 17877. Support at 17622, 17560, 17467 and 17447 levels.

NIFTY (5296)

Resistance at 5315, 5338 and 5347. Support at 5265, 5250 and 5232.

RECOMMENDATIONS

1) JUBILANT ORGANOSYS (378.5)

Support at 372 and 364. Resistance at 382 above it can test 389 and 393. (Buy only at declines)

2) HCL- INFOSYS (113)

Resistance at 115 above it can test 118 and 121. Support at 109.75 and 106.5 (Buy at declines)

3) HDFC BANK (1945)

. Support at 1940 and 1925. Resistance is at 1952 above 1975 (Buy at declines)

4) SIEMENS (724.75)

Resistance at 730, if moves up then it can test 738 and 744. Support at 718 and 713. (Buy at declines)



5) ELGI EQUIPMENTS (120.3)

Resistance at 122 above it can test 124 and 128. Support at 119 and 116 (Buy at declines)

JULY 12, 2010

Nifty will open with a positive note tracking global markets and is expected to trade in a sideway manner. Later in the second part of the day we may see minor profit booking. However the overall outlook for the market remains positive as we are going to see quarterly number pouring in

sensex (17833)

Sensex has Resistance at 17864, 17899 above 17939 and 17988. Support at 17802, 17780, 17749, 17722 levels.

NIFTY (5352)

Resistance at 5360, 5365 and 5395. Support at 5336, 5315 and 5290.

RECOMMENDATIONS

1) TTK PRESTIGE (935)

Support at 918 and 910. Resistance at 940 above it can test 948, 976 and more. (Buy only at declines)

2) RELIANCE INDUSTRIES (1057)

Resistance at 1063 above it can test 1068 and 1075. Support at 1048 and 1043 (Buy at declines)

3) TATA STEEL (496)

. Support at 491 and 488. Resistance is at 501 above 508 and 515 (Buy at declines)

4) BAJAJ HINDUSTAN (121)

Minor trends are strong. Resistance at 123, if moves up then it can test 127 and 131. Support at 118 and 115.75. (Buy at declines)



5) HINUSTAN DORR (126)

Resistance at 127.25 above it can test 129, 131 and 135. Support at 123 and 121 (Buy at declines)

JULY 13, 2010

As Infosys came out with its quarterly numbers, the opening of the markets is on the basis of the results. We may see negative bias as the result is not inline. Nifty has major resistance at 5400 and it is important for Nifty to close above this level for further upside.

Sensex (17937)

Sensex has resistance at 17976, 18019 and 18045. Support at 17890, 17765 and 17614 levels.

NIFTY (5383)

Resistance at 5400, 5410 and 5420. Support at 5371, 5365, 5350 and 5333.

RECOMMENDATIONS

1) INFOSYS (2895)

The stock has support at 2866 and 2830. If trades below weakness to continue. Resistance at 2900 and 2930. Movement above this can cause highly volatile movements.

2) AHLUWALIA CONTRACTS (219.7)

Resistance at 221 above it can test 227 and 236. Support at 218 and 212 (Buy at declines)

3) THERMAX (737)

. Support at 732 and 726. Resistance is at 741 above 745 above one can expect all round buying (Buy at declines)

4) V-GUARD (109)

Support at 107 and 105.5 (Buy at declines) Resistance at 111 and 112 above it can test 117 and 119.



5) BANK OF BARODA (715.05)

Resistance at 729 above it can test 739, 747 and 755. Support at 695 and 688 (Buy at declines)