INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Wednesday, October 10, 2012

SHORT TERM BUY CALL- KILITCH DRUGS, PAREKH ALUMINEX

Parekh Aluminex

BSE: 532606  NSE: PARAL  CMP: 339.00  Buy parekh aluminex around 335.00 to 340.00 levels for a short term one to two months target of 380.00 with a stoploss of 320.00

 Kilitch Drugs (India)
BSE: 524500  NSE: KILITCH    CMP: 41.00  Buy kilitch drugs around 40.00 levels for a short term one month target of 50.00 with a strict stoploss of 36.00

SHORT TERM TARGET HIT - GREAT OFFSHORE

Buy call given in great offshore on september 5 at a price of 93.00 for a short term target of 112.00. stock hit 114.00 yesterday and closed at 112.60 reached the target in one month time.

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 10 - WEDNESDAY

 Nifty closed on a bullish note at 5704 level . So today the first resistance for nifty is at 5730-35. Next resistance ranges are at 5759-64,5798-03,5822-27,5850-55,5888-93,5917-22 levels. On downside first support is at 5680-75 level. Next supports are at 5650-45,5627-24,5610-05,5590-85,5553-49,5530-25 level.So today intra resistance will be at 5735,5764 and 5503 levels and on down side be alert below 5675 and avoid longs below 5645. Positional Support for NIFTY 5668 5541 5465 5419 5369 5255 5208 and positional Resistance for NIFTY is 5717 .
Intraday Resistance of NIFTY are 5733.5/5757.5/5797.3/5817.5/5855.9/5894.4
Intraday Support of NIFTY are 5675.7/5651.7/5609.7/5589.8/5552.3/5514.9
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

Tuesday, October 9, 2012

STOCKS IN THE NEWS FOR THE WEEK

* Pratibha Industries has finally made new highs. It may see some selling at every rise but eventually touch Rs.75-80 levels. Hold on patiently.
* Recently, share price of Liberty Phosphate has shot up dramatically. Better to book partial profits and play safe.
* Serious buying is on in construction and infrastructure stocks. Hold on to your position in C&C Construction. Scrip may appreciate further 20-25%.
* At a current market cap of Rs.700 crore, Astral Poly Technik seems fundamentally overvalued. Exit immediately and wait for it to revert to Rs.200 levels.
* Shalimar Paints may post an EPS of Rs.50 in FY13 and Rs.65 in FY14 post expansion. Some shrewd investors have accumulated this stock in anticipation of it touching the Rs.1000 mark.
* AGC Networks, which has an addressable market potential of $10 billion, is all set to garner an EPS of Rs.70 in FY13 and Rs.82 in FY14. The share can be bought with a target price of Rs.500 in the near future.
* Venus Remedies, an oncology player, is expected to post an EPS of Rs.58 in FY13 and Rs.68 in FY14. The share has all the potential to touch Rs.400 mark.
* With a likely EPS of Rs.5.2 on FV Re.1, the share of Haldyn Glass is likely to touch Rs.25 in the medium-term.
* The shares of Kanpur Plastics are being accumulated by persons in the know, as it is expected to post an EPS of Rs.16 in FY13 and Rs.20 in FY14. The share is going cheap.
* Shiva Texyarn from the Bannari Amman stable has turned the corner in Q1FY13. FY13 EPS can be Rs.10+ and the share could touch Rs.45 soon.
* Persons in the know are acquiring the shares of MNC Fairfield Atlas in anticipation of it crossing the Rs.200 mark.

NIFTY LEVELS INTRADAY TREND ANALYSIS FOR OCTOBER 09 - TUESDAY

Nifty closed on a bearish note at 5676 level . So today the first resistance for nifty is at 5698-03. Next resistance ranges are at 5721-24,5736-39,5760-64,5798-03,5822-27,5845-50,5888-93,5917-22 levels. On downside first support is at 5650-47 level. Next supports are at 5632-27,5595-90,5575-71,5553-49,5530-25 level.So today intra resistance will be at 5703,5724 and 5739 levels and on down side be alert below 5647 and avoid longs below 5627. Have a look at weekly trend.
Positional Support for NIFTY 5659 5523 5455 5406 5363 5247 5203 and positional Resistance for NIFTY is 5713 .
Intraday Resistance of NIFTY are 5722.9/5761.8/5792.9/5813.2/5851.9/5890.7
Intraday Support of NIFTY are 5629.1/5590.2/5546.2/5508.6
Oscillator AnalysisNIFTY is now trading in highly overbought level. The oscillator is showing SELL signalShort Term Oscillator Analysis- and NIFTY in oversold region.

Monday, October 8, 2012

NIFTY LEVELS - INTRADAY TREND ANALYSIS FOR OCTOBER 08 - MONDAY

Nifty closed on a bearish note at 5746 level . So today the first resistance for nifty is at 5765-68. Next resistance ranges are at 5783-88,5810-15,5829-32,5865-68,5862-66,5888-93,5917-22 levels. On downside first support is at 5730-25 level. Next supports are at 5709-04,5675-70,5750-45,5721-16,5686-79,5658-54,5635-30,5619-15,5603-00,5584-79,5564-59,5530-25 level.So today intra resistance will be at 5768,5788 and 5815 levels and on down side be alert below 5725and avoid longs below 5704. Positional Support for NIFTY 5693 5643 5507 5447 5395 5357 5240 5198 and positional Immediate resistance for NIFTY is 5827.
Intraday Resistance of NIFTY are 5784.9/5816.3/5864.4/5884.7/5923.4/5962.2
Intraday Support of NIFTY are 5709/5677.6/5617.5/5579.8
Oscillator AnalysisThe oscillator is showing BUY signal but be cautious on NIFTY since NIFTY is trading in overbought level.Short Term Oscillator Analysis- and NIFTY in oversold region.