BUY INFOSYS AT 2198 WITH KEEPING STRICT STOPLOSS AT 2120. IF STOCK COME  NEAR 2150 DO MORE AVRAGING HEAR WITH KEEPING STRICT STOPLOSS AT 2120. STOCK MAY JUMP TO 2300-2325 VERY SOON.

hindustan uni liver

HINDUSTAN UNI LIVER IS FIRED FROM 329. ITS YEAR HIGH IS 348 AND YEAR HIGH CLOSING PRICE IS 343.6. AFTER CROSSING ITS YEAR HIGH STOCK WILL JUMP UP TO 365-375 LEVEL VERY SOON. ALL TECHNICHALS IS GIVING STRONG BUY SIGNALS.

BUY 360 CALL AT 2.90 TARGET 6, STOPLOSS 1.5

SEE THE CHARTS BELOW

Another short term bottom is on the way where another, better "trading opportunity will emerge" after 2 or 3 days similar to the "trading opportunity that was offered in the last 10-11 trading days". Presently the immediate direction is down.

1. ICICI BANK
2. RELIANCE
3. SBI
4. TATA STEEL
5. SAIL

 LOOKS LIKE A TRADING RANGE

Well, we had a down day today, so the 4700 support and 5200 resistance appears to get a bit more confirmed. I believe we remain in a bear market. Bear market rallies can be sharp and swift. At some point, these rallies will face resistance. If we go above 5200, the market will be giving a message of strength, at least in the short term.

The Nifty has rallied strongly, almost 450 points from its 4700 low. Now, the Index faces strong resistance as it tries to cross the 5200 gap. It is possible that the market may struggle to cross this threshold for some days. The short term trend is up so dips should find support. This means that rallies will face resistance at the 5200 threshold, while dips should find support because the short term is up. This leads to a choppy market scenario.

PFC

POWER FINANCE CORPORATION

WATCH THE 150 LEVEL CAREFULLY. ONCE CROSS WITH VOLLUME STOCK WILL ZOOM TO 165 LEVEL VERY SOON.
HURDDLE AT 170 LEVEL.

BUY ABOVE      149               TARGET 1- 151,     TARGET 2-155     -158-       165

SCI

 SHIPPING CORPORATION OF INDIA LTD.          SCI

DONT FEAR

BUY SHIPPING CORPORATION AS MUCH AS YOU CAN. TRUCK LOAD IN TONS

BUY ABOVE AT 88.50

BUY SCI (SEPT) 100 CALL AND FORGET

STOCK MY CHOICE FOR COMING WEEK

SAIL                          BUY ABOVE         110.92            TARGET 113-115-118

AXISBANK              BUY ABOVE         1094.00          TARGET 1121-1129-1150

NIFTY                       BUY ABOVE         5020               TARGET 5040-5064

TEN DAYS 15 MIN CHARTS ,DAILY CHARTS AND ,WEEKLY CHARTS ANALYSIS.

ALL CHARTS IS IN BULLISH MODE FURTHER. MAY RESISTANCE AT 5050 LEVEL. ONCE CROSS WITH GOOD VOLLUME MAY TRY TO FILL GAP VERY SOON.

Cabinet approves 5 pct govt stake sale in BHEL

Cabinet on Tuesday approved a plan to sell 5 percent of the government's stake in power gear maker

Bharat Heavy Electricals (BHEL) the government said in a statement.

A mighty fall

The government will sell 5 percent of its 67.7 percent holding in BHEL through a follow-on public share offering. At current prices, the stake is valued at about $940 million.

Saluting Steve Jobs

The stake sale is part of the government's plan to raise 400 billion rupees ($8.7 billion) through stake sales in state-run firms in the current fiscal year to March 2012.

BHEL has shortlisted Bank of America Merrill Lynch, Morgan Stanley and two Indian banks to manage the share sale, sources with knowledge of the situation told Reuters last month.

 

HINDALCO

 WE GAVE TODAY DLF 200 CALL BUY AT 5.35, IT WENT TO 7 ABOVE .WE BOOKED PROFIT AT 7.00

BOOK  PROFIT IN HINDALCO 150 CALL AT 4.50, BUY CALL WAS GIVEN AT 3.85

BUY NIFTY 5400 CALL 4 LOTS  AT 11

WE ARE HOLDING  NIFTY 5000 CALL AT 95

GANESH CHATHURTHI

HAPPY GANESH CHATURTHI  !

BUY STATE BANK OF INDIA 2000 CALL AT 64 TARGET 84- 94 STOPLOSS 44.

ABOVE 1959   IT WILL ZOOM TO 1973 -1988

KEEP STOPLOSS AT 1939

BUY DLF AT 190.50 STOPLOSS AT 188 ON CLOSING BASE. DLF ONCE CROSS 193 WITH GOOD VOLLUME IT WILL FLY TO 209 LEVEL NONSTOP.

New Delhi: Both gold and silver tumbled in the bullion market here on Monday due to heavy selling by stockists on reduced offtake at existing higher levels, triggered by a weak trend in overseas markets.

Gold plunged by Rs 600 to Rs 27,490 per 10 grams, while silver lost Rs 1,800 to Rs 62,800 per kg.
Dealers said trading sentiment turned bearish after gold declined in the global markets as the US Federal Reserve Chairman Ben S Bernanke said growth will resume. It boosted speculation that the central bank may not add more stimulus, which eroded the metal's appeal as a safe haven.

Besides sluggish demand at prevailing high levels, investors were seen shifting their funds from bullion to rising equity, which also influenced the trading sentiment, market analysts said.
Gold in global markets, which normally sets the price trend on the domestic front, traded 0.9 per cent lower at $ 1,812 an ounce.

On the domestic front, gold of 99.9 and 99.5 per cent purity tumbled by Rs 600 each to Rs 27,490 and Rs 27,340 per 10 grams, respectively.
The metal had gained Rs 950 in the previous trading session.
Sovereign remained steady at Rs 22,400 per piece of eight grams in limited deals.
Silver ready plummeted by Rs 1,800 to Rs 62,800 per kg and weekly-based delivery was down by Rs 1,870 to Rs 62,030 per kg.
Silver coins also fell by Rs 2,500 to Rs 69,500 for buying and Rs 70,500 for selling of 100 pieces.

GOOD BOUNCE TODAY AFTER ANNA BREAKS FAST WITH GOOD VOLUME. ABOVE 4970 IT WILL KISS 5020 LEVEL.

ITC

ITC  WENT TO 202.50 AND CLOSED AT 201.95

INFOSYS

INFOSYS ZOOMED TO  2315 AND CLOSED AT 2296. EXPECT NONSTOP RALLY UPTO 2400

HINDALCO

 BUY HINDALCO ABOVE 138 TARGET 145- 148. ONCE IF IT CROSS WITH GOOD VOLUME AND  CLOSE ABOVE 148 IT WILL FLY TO 

 155-160.

BUY HINDALCO 150 CALL AT 3.85 TARGET 5.25-6.35-7.50