• Nifty (4620) Sup 4550 Res 4655
• Buy Rel Cap (1442) SL 1420 Target 1480, 1490
• Buy M&M (590) SL 584 Target 602, 605
• Buy BHEL (1830) 1805 Target 1870, 1880
• Sell Cairn (234) SL 238 Target 226, 224
• Sell NDTV (369) SL 374 Target 360, 358

Indian markets started off the week in style with the NSE Nifty closing above the 4,600 and the BSE benchmark Sensex shutting shop above the15,500 level. Strong global cues coupled with a sharp fall in crude oil prices lifted the key indices to open with a positive gap………

Bears were unable to show up on the bourses as bulls dominated throughout the trading session again led by gains in the rate sensitive stocks like the banking, Realty and Auto stocks. Even the Mid-Cap and the Small-Cap stocks were und demand. Finally, the benchmark Sensex surged 336 points to close at 15,503 and Nifty was up 90 points to close at 4,620. …………

buy gitanjali gems above 274…
Rally is over…today if break below 4484 with volumes and it will mae point upto 4452..if break below 4452 then we can panic selling upto 4396-4367Major hurdle @ 4557-4566If crossover the above P-O-I-N-T then we can see jump upto 4593-4602

DONT CARRY ON WITH DOWJONES…IT WILL BE UP TOMORROW BUT CAN REVERSE BACK SOON..FII’S ARE SEELING HEAVILY AND WHICH IS NOT A GOOD PICTURE FOR OUR INDIAN MARKET…DONT CARRY ANY LONG POSITION AND EXIT IN PROFIT…!!!!

Nifty (4503) Sup 4450 Res 4620

Buy Bharti (839) SL 831 Target 853, 858

Buy Tata Motors (409) SL 404 Target 419, 422

Buy HDFC (2465) SL 2440 Target 2515, 2525

Buy Nagarjuna Con (135) SL 131 Target 142, 145

Buy Omaxe (136) SL 132 Target 143, 146

GMR Infra showing some technical bounce back 2day.. buy with sl 85.2 tgts 88.5 – 89.35 – 90.55 – 92.5

Nifty (4314) Sup 4275 Res 4370
Buy Satyam (381) SL 376 Target 390, 392
Buy Neyveli Lig (116) SL 113 Target 124, 125
Buy M&M (513) SL 507 Target 524, 526
Sell Amtek Auto (205) SL 209 Target 196, 193
Sell Corp Bank (262) SL 267 Target 253, 50

Market may turn volatile

Benchmark Sensex which fell over 550 points on Tuesday managed to stage a smart come back led strong cues from the global markets. Sentiments were further boosted as even crude oil prices fell by sharply amid strengthening dollar, stable geopolitical situation and slowing fuel demand.

The banking, realty and capital goods stocks which were badly battered post RBIs decision attracted buying interest as traders and investors felt that stocks were oversold on Tuesday. Finally, the benchmark Sensex ended near day’s high gaining 495 points to close at 14,287 and Nifty surged 123 points to close at 4,313.

Among the 30-components of Sensex, 28 stocks were in green and only 2 stocks were in red. Reliance Industries, HDFC, ICICI Bank, Infosys and Tata Steel were in green.