The Nasdaq moved up above 50 points and our ADRs are in green.
The US stocks moved up and recoverd all the losses it made in the earlier session. The Indian ADR’s gained much value, especially the tech pack. The Infy up by 4.2%, Satyam up by 6.09% and Wipro up by more than 4%. The ICICI up by 3.2%, HDFC bank up by 1.7%, Tata Motors up by 5.4%,
Now the Asian markets-Hang Seng up by 380 points, Nikkie up by 155 points, Straits Times up by 30 points.
The Infra stocks like LT, Rel Infra, Punj Lloyd, ABB will find buyers. The LT is good above 2620, Rel Infra is good above 920, likely to touch and trade above 960 Punj Lloyd is good above 250.
The Reliance is strong above 2115 and weak below 2085. The support is expected at 2050 level.
The ONGC stock will become strong above 9890 level and will be very good above 1015 level, weak below 965 and the support at 940 level.
The RPL will cross 163 and may touch and trade above 158-59 resistance level.
The RCOM will be good above 501-498 and weak below 491, likely to cross 518.
The banking sector was under the Repo & CRR pressure. So the banking stocks may get seller at higher levels.
The SBI has support at 1282-85 levels and next best at 1262-65 level.
The Relcap is weak 1240 and good above 1265.
The DLF is weak below 473 and good above 481, resistance at 495 level.
The Tata steel is good above 591 and weak below 576.
For Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Wednesday, July 30, 2008
Tuesday, July 29, 2008
The global sell off…….
The US stocks plunged; the ADR’s lost much value. The ICICI down by 8.5%, HDFC bank down by 2.7%, Tata Motors down by 6.6%,Infy down by 1.3%, Satyam down by 2.7% and Wipro down by more than 2%. The Tata Communications down by more than 9%.
Now the Asian markets-Hang Seng down by 560 points, Nikkie down by 285 points, Straits Times down by 40 points.
The bleak scenario will erode our bottom supports.
The RIL is strong above 2185 and weak below 2150. The support is expected at 2085 next one at 2040-45 level. The RPL is to cross the first hurdle at 163 and weak below 159.
The ONGC stellar results will give some relief but the stock run up from 780 to 1040. The stock will become weak below 1005 and the support at 940 level.
The RCOM will be good above 509 and weak below 498.
The SBI has support at 1335-25 levels weak below 1440-45 level.
The Relcap is weak 1320 and the first support at 1260-56and the second support at 1215-20 level.
The DLF is weak below 493 and good above 503.
The Tata steel is good above 615 and weak below 608 and the support may come at 571-568.
The positive news is developing for Cairn and good above 230 and weak below 218-19 level.
For Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Now the Asian markets-Hang Seng down by 560 points, Nikkie down by 285 points, Straits Times down by 40 points.
The bleak scenario will erode our bottom supports.
The RIL is strong above 2185 and weak below 2150. The support is expected at 2085 next one at 2040-45 level. The RPL is to cross the first hurdle at 163 and weak below 159.
The ONGC stellar results will give some relief but the stock run up from 780 to 1040. The stock will become weak below 1005 and the support at 940 level.
The RCOM will be good above 509 and weak below 498.
The SBI has support at 1335-25 levels weak below 1440-45 level.
The Relcap is weak 1320 and the first support at 1260-56and the second support at 1215-20 level.
The DLF is weak below 493 and good above 503.
The Tata steel is good above 615 and weak below 608 and the support may come at 571-568.
The positive news is developing for Cairn and good above 230 and weak below 218-19 level.
For Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Monday, July 28, 2008
The threats & blasts impact…..
The heavy weights are at their verge of their support levels.
The RIL has support at 2085-90 level and resistance at 2245-50.
The important level for RPL to cross that energizes the Nifty also is 174. For today RPL has to trade above 163 and weak below 159.
The ICICI has support at 645level and resistance at 685, the scrip is very weak below 660 levels and to negate the negative view it has to trade above 678-79.
The ONGC has support at 944-45 level and resistance at 1005-1006.
The SBI has support at 1389-91 level and resistance at 1495-90. The SBI will become weak below 1453-55 level.
The Relcap has support at 1241-45 level and resistance at 1335-1339.
The Infy will become strong above 1585 and weak below 1550.
The satyam will find buyers above 379-81 and become weak below 365.
The Wipro is relative strong among the tech pack will run-up above 431 and may become weak below 396-98 level.
The DLF is good above 506 and weak below 393 and may touch 460-455 before it resume it’s upward move.
For Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The RIL has support at 2085-90 level and resistance at 2245-50.
The important level for RPL to cross that energizes the Nifty also is 174. For today RPL has to trade above 163 and weak below 159.
The ICICI has support at 645level and resistance at 685, the scrip is very weak below 660 levels and to negate the negative view it has to trade above 678-79.
The ONGC has support at 944-45 level and resistance at 1005-1006.
The SBI has support at 1389-91 level and resistance at 1495-90. The SBI will become weak below 1453-55 level.
The Relcap has support at 1241-45 level and resistance at 1335-1339.
The Infy will become strong above 1585 and weak below 1550.
The satyam will find buyers above 379-81 and become weak below 365.
The Wipro is relative strong among the tech pack will run-up above 431 and may become weak below 396-98 level.
The DLF is good above 506 and weak below 393 and may touch 460-455 before it resume it’s upward move.
For Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Friday, July 25, 2008
The US fall spreads red….
Steep fall in ADRs..........The US credit concerns meted the Indian ADRs also ….
The ICICI bank lost more than 10 %, HDFC bank lost more than 8%, Satyam, Infy and Wipro lost more than 5%.. So we can expect the same here….
The ONGC has upside cap at 1070 level and the bottom support at 970-965 level and likely to see red.
The SBI has resistance at 1515 level and the support at 1430 and at1400 level.
The ICICI will become weak below 721 and likely to touch at 663 level.
The RCOM is strong above 509 and weak below 493 and likely to touch at 471 and the next support at 457-59 level.
The Relcap has one of the strong upward momentums but will succumb to the down ward pressure and find support at 1290-96 level.
The Reality sector may face selling pressure; DLF is strong above 506 and weak below 495 and has good support at 460 level.
The JP is good above 174 and weak below 169 and will become further weak below 157.
The metals lost their sheen yesterday so they oscillate, Tata steel weak below 631 and strong support and good for delivery only above 685.
Infy is good above 1585 and weak below 1563, Satyam is good above 379-81 level and Wipro is in bull grip very good above 428 level.
The Nifty levels, Visit: http://www.stocksdoctor.blogspot.com/
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The ICICI bank lost more than 10 %, HDFC bank lost more than 8%, Satyam, Infy and Wipro lost more than 5%.. So we can expect the same here….
The ONGC has upside cap at 1070 level and the bottom support at 970-965 level and likely to see red.
The SBI has resistance at 1515 level and the support at 1430 and at1400 level.
The ICICI will become weak below 721 and likely to touch at 663 level.
The RCOM is strong above 509 and weak below 493 and likely to touch at 471 and the next support at 457-59 level.
The Relcap has one of the strong upward momentums but will succumb to the down ward pressure and find support at 1290-96 level.
The Reality sector may face selling pressure; DLF is strong above 506 and weak below 495 and has good support at 460 level.
The JP is good above 174 and weak below 169 and will become further weak below 157.
The metals lost their sheen yesterday so they oscillate, Tata steel weak below 631 and strong support and good for delivery only above 685.
Infy is good above 1585 and weak below 1563, Satyam is good above 379-81 level and Wipro is in bull grip very good above 428 level.
The Nifty levels, Visit: http://www.stocksdoctor.blogspot.com/
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Wednesday, July 23, 2008
The positive news……
The markets are enjoying the positive news from global markets and at home.
The tech stocks may get short covering and buying. The Infy is good above 1581, Satyam is good above 373 level.
The RCOM is good above 463 and may cross 490 in its journey. The Bharti is good above 793 and may cross 820 level.
The Govt. agenda to pass the bills of Banking and insurance can help SBI, ICICI, Kotak, Relcap and other companies existing in insurance sector.
The Relcap is good above 1145-50 level and likely to cross 1220 level.
The RPL may cross 168-169 level to cross the hurdle at 173-174 level. The essar oil is good above 181 and may touch above 195.
The Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The tech stocks may get short covering and buying. The Infy is good above 1581, Satyam is good above 373 level.
The RCOM is good above 463 and may cross 490 in its journey. The Bharti is good above 793 and may cross 820 level.
The Govt. agenda to pass the bills of Banking and insurance can help SBI, ICICI, Kotak, Relcap and other companies existing in insurance sector.
The Relcap is good above 1145-50 level and likely to cross 1220 level.
The RPL may cross 168-169 level to cross the hurdle at 173-174 level. The essar oil is good above 181 and may touch above 195.
The Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Tuesday, July 22, 2008
The correction is due…
Though it is not a bull market but could rise strongly from the lows. The rise was relatively very sharp despite lack of positive news in the country. The political uncertainty will unfold and the markets will take its real course.
The global cues are also in very favourable. So it is better to wait for the opportunity to sell at higher levels.
The RIL is strong above 2130 and will become weak below 2115 level. The ONGC is likely to close below 932.
The RCOM is good above 448-49 level and become weak below 441 and likely to close below that price. The Bharti may become weak for today but become strong in coming days.
The JP associates is strong above 163 and become weak below 159. The DLF likely to close below 450 and may touch 436-33 level.
The banking counters are likely to loose their bottom. The SBI, ICICI and Relcap will loose their bottom support.
The steel counters and the pharma counters may display their strength even market falls. The tech counters may resume upward move with the support from bargain hunters.
The Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The global cues are also in very favourable. So it is better to wait for the opportunity to sell at higher levels.
The RIL is strong above 2130 and will become weak below 2115 level. The ONGC is likely to close below 932.
The RCOM is good above 448-49 level and become weak below 441 and likely to close below that price. The Bharti may become weak for today but become strong in coming days.
The JP associates is strong above 163 and become weak below 159. The DLF likely to close below 450 and may touch 436-33 level.
The banking counters are likely to loose their bottom. The SBI, ICICI and Relcap will loose their bottom support.
The steel counters and the pharma counters may display their strength even market falls. The tech counters may resume upward move with the support from bargain hunters.
The Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Monday, July 21, 2008
Any thing can happen.....
The RIL is strong above 2080-85 level and good above 2050 level.
The ONGC is good above 923-17 level weak below 900 level.
The BHEL, REL Infra and NTPC shall trade with positive bias.
The BHEL is strong above 1485 and will become weak below 1455 and could go down due to poor results. The REL infra is strong above 820 and will become week below 805.
The BHEL is strong above 1485 and will become weak below 1455 and could go down due to poor results. The REL infra is strong above 820 and will become week below 805.
The RPL has weakness in the momentum but good above 156 and weak below 151.
The JP Associates may face selling pressure and weak below 158 and could see free fall below 151.
The RCOM is good above 429 and become weak below 418-18, Bharti is good above 785 and second support at 771-69.
The RCOM is good above 429 and become weak below 418-18, Bharti is good above 785 and second support at 771-69.
The ICICI is good above 605-08 will become weak below 591-93 level. The SBI is in bull grip is good above 1270 and will become weak only below 1220-1225 level
The Nifty levels, Visit: www.stocksdoctor.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Friday, July 18, 2008
The Up move may continue…
The RIL is strong above 2020 level and gain strength above 2050 level
The Infy is good above 1605 can touch 1680 level.
The Tata Steel may get bounce back support that can take it to 639-41 level where there is resistance
The RCOM is strong above 421-23 level can touch 437 but become weak below 409.
The Stock Specific Action, Visit: www.intradaystockcalls.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The Infy is good above 1605 can touch 1680 level.
The Tata Steel may get bounce back support that can take it to 639-41 level where there is resistance
The RCOM is strong above 421-23 level can touch 437 but become weak below 409.
The Stock Specific Action, Visit: www.intradaystockcalls.blogspot.com
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Thursday, July 17, 2008
The positive and green …
The Stocks are likely to exhibit at least 2-3% gain from their closings.
The RIL is positive above1970 and will become weak below 1950 advance further above 2000.
The SBI is positive above1170 and will become further strong above 1195
The ICICI is positive above530 and will move fast above 540 become weak below 520
The RPL is positive above157 and increase the run above 161 will become weak below 150.
The Infy is good above 1585 and become much stronger above 1605 and will become weak below 1530.
The RCOM is good above 405 and weak below 393 level.
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
The RIL is positive above1970 and will become weak below 1950 advance further above 2000.
The SBI is positive above1170 and will become further strong above 1195
The ICICI is positive above530 and will move fast above 540 become weak below 520
The RPL is positive above157 and increase the run above 161 will become weak below 150.
The Infy is good above 1585 and become much stronger above 1605 and will become weak below 1530.
The RCOM is good above 405 and weak below 393 level.
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.
Wednesday, July 16, 2008
THE VOLITILE SESSION...
The markets closed in a volitile session at 3816. The RIL lost groung when it fell below 2020 and the RPL slipped to 152 level once it failed to trade above 163 level. Inspite of the turbulant session ONGC could hold above the 840 level and the Bharti could trade and close above 721 level. These levels are still valid to those stocks and the Nuclear deal can give boost to NTPC, good above 163 level.
Monday, June 4, 2007
CHINA DOWN BY 4%
Nifty trades above 4203 are good for bulls and below 4286 favours the bears.
RIL trades above 1771 are good for bulls and below 1741-43 favours the bears.
ONGC shall not trade below 906 good for buying above 923 very good above 928.
Infosys shall trade above 1935 for buying and stop loss @ 1921-23.
RCOM is good for short below 497, good for buying above @ 516.
RIL trades above 1771 are good for bulls and below 1741-43 favours the bears.
ONGC shall not trade below 906 good for buying above 923 very good above 928.
Infosys shall trade above 1935 for buying and stop loss @ 1921-23.
RCOM is good for short below 497, good for buying above @ 516.
Monday, May 21, 2007
Focus on large caps
It seems RCOM could cross 505, SAIL could see lower levels. So long nifty stays above 4216-18 no shorts even the market is stock specific.
Monday, May 14, 2007
Be stock specific with positive bias.
A negative move can be seen in stocks like SUN TV, media and telecom sectors due to political developments.
Focus on Jet, ONGC, and RIL. RIL strong above 1593 and buy M&M at current rate for short-term target of 763-765 with a stop-loss at 690-691 range.
SAIL is strong above 135, sell below 134. Tata steel results can change the direction of the scip until the range bound with positive bias above 561+
For stock specific calls visit www.gainfulstockcalls.blogspot.com
Focus on Jet, ONGC, and RIL. RIL strong above 1593 and buy M&M at current rate for short-term target of 763-765 with a stop-loss at 690-691 range.
SAIL is strong above 135, sell below 134. Tata steel results can change the direction of the scip until the range bound with positive bias above 561+
For stock specific calls visit www.gainfulstockcalls.blogspot.com
Thursday, May 10, 2007
Positive move in the offing
Positive move can be seen as the Global cues are positive bias and the yesterday late move can add strength in the morning with positive in Techs..
Keep an eye on GAIL, RCOM for up move, late selling in the afternoon cannot be ruled in RIL and Bharti and in metals
For Nifty levels visit: www.stocksdoctor.blogspot.com
Keep an eye on GAIL, RCOM for up move, late selling in the afternoon cannot be ruled in RIL and Bharti and in metals
For Nifty levels visit: www.stocksdoctor.blogspot.com
Wednesday, May 9, 2007
A mixed trend, Stock specific.
The Global clues are week and India carrying the weakness for last 3 days. Late recovery a possibility.
The metals may loose the bottom. Sail & Sterlite may see southwards. Sell Sail below 135.5 stoploss at 137. Ster stoploss at 548-549. ITC stoploss 162.5
ICICI may find bottom support if it trades above 835.
For Nifty levels visit: www.stocksdoctor.blogspot.com
The metals may loose the bottom. Sail & Sterlite may see southwards. Sell Sail below 135.5 stoploss at 137. Ster stoploss at 548-549. ITC stoploss 162.5
ICICI may find bottom support if it trades above 835.
For Nifty levels visit: www.stocksdoctor.blogspot.com
Monday, April 30, 2007
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