YESTERDAY CALL

INFOSYSTCH

This scrip came near to the first target and closed above this level.

MY VIEW

I expected market to continue the up trend but it did not. Monsoon too turned to good but market did not considered it. I thought that the market will rise till budget and still believe so. Today market closed below 4300 levels but as monsoon turned positive should not be left away. If nifty closes below 4240 then we may look for gap filling, until, I feel nifty will touch 4600 levels on or before Friday.

MARKET VIEW FOR WEDNESSDAY

Positive monsoon news will lead the market tomorrow I feel so. News, events, valuation are the factors important for share market. Budget is an event, now market is trading on this expectation, only aon actual budget day we will know the clear direction. So today’s close will not give a direction I feel so. I still feel market move up. Let’s see what happens tomorrow.

FREE TIPS FOR INTRADAY

HCLTECH

Technically this stock closed at its support level 185 below this level it may touch 172 levels. As I expect rupee to appreciate in near future I feel we can sell this scrip for intraday with a strict stop loss.

SUP: 185,174. RES: 191. STOP LOSS: 191

Thanks for visiting!

SATURDAY GIVEN CALLS

The calls given on Saturday are for this week so keep an eye on the levels and watch the market movement and trade accordingly. I gave these calls on the expectation of budget and I expect nifty to cross 4600 levels this week, while this happens book profits on these scrips.

MY VIEW

Bad monsoon and budget between these to poles market is oscillating. Today market ended just above the previous close and in the price chart, to my knowledge a continuation pattern is formed.Let’s watch what happens tomorrow.

MARKET VIEW FOR TUESDAY

Tuesday I feel will nifty will close above 4450 levels.we should watch global markets too.

FREE TIPS FOR INTRADAY

INFOSYSTCH

I expect rupee to appreciate in near future so it will be negative for IT scrips. For this reason we can sell infosystch. Below 1757 it may touch 1711 levels.

SUP: 1757. RES: 1808 STOPLOSS:1808

Thanks for visiting!

This week market was trading in a tight range and today it had a breakout and to my mind this was purely budget expectation rally.However I still expect the gap would be filled in near future may be after budget announcement.So, here I give speculation calls.

FREE TIPS

Only if market moves upwards trade these stocks.

SPECULATION CALLS

RELIANCE

Technically in the price chart 18/05/09 gap has been filled so if market moves upward we can buy this scrip above 2041 for a target 2250 in come week.

SUP: 1952 RES: 2143, 2178

SBIN

For past 12 trading session this scrip has resisted at 1764 levels and learned that some banks are merging with SBIN so I feel we can buy this stock for a target of 1900 levels come week, but strictly above 1764levels.

SUP: 1700 RES: 1763, 1817

LT

Technically in the price chart a breakout pattern is formed for next week I feel we can buy this scrip for a target of 1800 levels but strictly above 1630 levels.

SUP: 1581 RES: 1630

BHEL

Technically in the price chart a continuation pattern is formed so we can buy this scrip for a target of 2350 levels for next week.

SUP: 2179 RES:2246, 2287

Thanks for visiting!

MY VIEW

To day market closed in a bullish mode.For past six trading session nifty was trading in a tight range without a clear direction.Today it closed near the resistant level 4375.Let’s watch happens next week.

MY VIEW THIS WEEK

This week I thought if nifty touches 4116 level then it would hit 3600 levels but it came near 4150 levels but bounce back immediately. Still there is a gap to filled.

MY VIEW FOR NEXT WEEK

Come week,if I am correct, another pre budget rally will start and nifty may touch 4700 levels.As past six days nifty was trading in a tight range and today it broke resistant 4352 and closed above this level.All eyes are on July 6 for budget announcement which is driving force for nifty rally.

NIFTY LEVEL

SUP: 4214, 4116 RES: 4515, 4640

I will post trading calls tonight or tomorrow.

Thanks for visiting!

MY VIEW

Today market corrected and closed just above the 4214 level. For past three days nifty was trading in tight range. June contract ended in weak but July contract ended in premium. Let’s see what happens tomorrow.

MARKET VIEW FOR FRIDAY

July contract ended in premium, next week budget is to come and bad monsoon issue will have a solution in the budget base on these points I feel tomorrow may be there some up move. Technically in the price chart a breakout pattern is formed, any direction nifty will have a big move. Let’s watch what happens tomorrow.

Still I not clear about the direction and I am waiting for the breakout, so I give trading calls tomorrow.

Thanks for visiting!