Market is chooppy??? Bullish or bearish??

Hi All,


After a long days... -:)


Nifty is in range bound of 5320 to 5600 level, it has major resistance at the level of 5600, and a crucial support at  5329 levels.


Looking at political instability market will be more dicey for next couple of days.
But if we trade stock specific then market will give us a good return.
Tomorrow market will open slightly up but gradually it may fall down to 5484 level. If political instability remains as it is, then it may fall further, so, those are long in the market can book profit in the initial levels itself.


Pivot Levels:
Pivot: 5543
R1,R2,R3: 5579 - 5641 - 5676
S1,S2,S3: 5481 - 5445 - 5383


Technical Resist: 5565 - 5604 - 5628
Technical Support: 5507 - 5489 - 5459


Intraday & F & O Stocks:
1. Sun TV: Long Position
2. Tatamotors: Long Position, call option 1050, 1100 buy for intraday

Delivery stocks:
1. Calsoft: medium term hold
2. Gul alki: Short term hold


Intraday stocks means you don't have to follow it blindly, please apply intraday strategies which i usually taught you in the lectures.

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

99 22 944 434 / 99 22 942 422

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

18-04-2011: Bullish Trend upto 10th of May!!

Hi All,

Looking at price pattern breakout, market has to reach6008 level shortly, and may be upto 10th of May market may go upto 6300 level.

Why i am saying like this?

Market has taken wide support at the level of 5740 levels, so, if it corrected market may go upto that level, but after achieving 6300 level again, market may fall drastically, like upto 25% because of political instability and off course inflation and global market will be the main reason, but, this down move will be for short term basis, not more than a month or so... only profit booking or fresh buying you will see.

So, next few days will be very crucial for the market, everybody will make money from the market like anything.

Pivot Levels:

P: 5846

R1,R2,R3: 5886 - 5947 - 5987

S1,S2,S3: 5785 - 5745 - 5684

Technical Support: 5806 - 5748 - 5711

Technical Resist: 5861 - 5898 - 5923

Intraday Stocks:

1. CMahendra: Long Position
2. Mayur Leath: Long Position
3. Infosys Tech: Long Position
4. Mastek Ltd: Long Position

F & O Stocks:

1.  IFCI: call option 60 buy
2. Tatamotors: 1200 call option buy
3. Infosys: Call option 3100 buy
4. Aban: Long Position
5. Alok text: call option buy 25
6. Asian Paint: Short Position
7. Bharatiartl: Long Position
8. LIC: Long Position
9. Suzlon: Short Position
10. Tata comm: Long Position

Delivery Stocks:

1. DCB: Short term hold

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

www.niftyweeklyoverview.blogspot.com

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Tele: 020-25456310

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

13-4-2011: DII's started buying again??

Hi all,

Finally silver came down.... from 61000 to 59350, and low was 58880, for may contract. This is a good sign for cash market, crude oil also came down.

Looking at chart and considering 2 holidays in a week, there will not much more changes in the graph, but now, FII's started selling the stocks and DII's started buying the stocks, which will boost the market up.

Pivot Levels:

P: 5798

R1,R2,R3: 5818 - 5850 - 5870

S1,S2,S3: 5765 - 5746 - 5713

Technical Resist: 5805 - 5830 - 5864

Technical Support: 5755 - 5736 - 5711

Intraday Stocks:

1. Infotech enter: Long Position
2. MVL Ltd: Long Position

F & O Stocks:

1. Abirlanuvo: Short Position
2. Axis Bank: Short Position
3. Chennaipetro: Short position
4. Cipla: Long Position
5. Hotel Leela: Short Position
6. Zeel: Long Position

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

11-4-11: Bull and Bear: which rally will be there?

Hi All,

From last few days market was negative because of political instability. But that gets settled down on Saturday which indicates strength of the market, so, for time being market was on bearish mode, but tomorrow onwards market will be more on positive side. 

Tomorrow market may open on positive note, after that due to profit booking, it may drag down for a while, but overall market may be in bullish mood, as there was a boosting decision taken by government.If market manages to stay above 5920 level then it may touch the level of 6000 shortly.

Concentrate on pharma and Oil stocks, and off course banking stocks also.

Pivot Levels:

P: 5863

R1,R2,R3: 5905 - 5969 - 6010

S1,S2,S3: 5800 - 5759 - 5695

Technical Support: 5822 - 5810 - 5778

Technical Resist: 5864 - 5886 - 5926

Tomorrow's trading session will decide the market direction, so, its safe to play in nifty rather than stocks, till that point, once the direction gets fixed, then logic in trading in stocks, till that point of time trade in nifty future, its safe game who are having holding capacity.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

8-4-2011: Market will be bullish Or Bearish Today?

Hi All,

After a long time.... 

Market has a good rally from last few days, it settles down at the level of 5800 - 5920 level, now, will it break the 5800 level, easily or it will remain above this level lets check out with the chart.

Market has a resistance at the level 5910, if it remain below this level, then market may touch level of 5650. If market manages to close above 5910 level, then that will be bullish sign and market may touch 6300 in short period. So, watch out the levels.

Looking at FII & DII Data, DII people were scared about political instability and because of this profit booking is there.

In the month of April, FII's people always are the strong buyers, but, surprisingly, they are buying in Equity market and Selling in Future market, so, these people also, scared about political instability in the market, which will suggest us that market will be in the range of 5650 - 5910, either of the breakout will decide the market direction, till  that point, traders will be more happy because of both side gains.

Pivot Level:

P: 5886

R1,R2,R3: 5905 - 5926 - 5946

S1,S2,S3: 5866 - 5846 - 5826

Technical Supports: 5866 - 5842 - 5810

Technical Resist: 5906 - 5944 - 5967

Intraday Stocks:

1.  

F & O Stocks:

1.  

Delivery Stocks:

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

9922944434 / 9922942422

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

30-03-2011: What will be the market today?

Hi All,

Market is making huge runs with lots of sixes and boundaries??? Will it continues till 6000 level? From last 6 days market is bullish and FII's and DII's buying quantity is also huge!!

Looking at this market conditions, market will easily touch 6000 level!! But last trading session, there were profit booking also, by DII's, so, today, market may open on gap down basis, it may fall up to the level 5650, but after that it will gradually rise at the end of the day, market will be more dicey, and both side move will be possible for tomorrow.

As mentioned in the last blog, keep eye on pharma, banking and financial stocks, which has given 30% rise in only 10 days, congratulations, those who have follow the blog....

Pivot levels:

P: 5729

R1,R2,R3: 5777 - 5818 - 5867

S1,S2,S3: 5687 - 5639 - 5598

Technical Resist: 5770 - 5801 - 5833

Technical Support: 5711 - 5686 - 5645

Do not trade stocks for next 2 days, as market is very dicey, so, better to trade in index rather than stocks.

If you have query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

25-03-2011: Today who will win the battle Bulls OR Bear??

Hi All,

As per the prediction, market was bullish yesterday. Today market may open on flat note, and then it will gradually increased with a target of 5600+, as market has given up flag breakout, because of slightly profit booking of trader, market may fall up to yesterday's median that is 5512. But over all market will be bullish.

Concentrate on Bank Nifty and Banking stocks, even Finance related stock also.

Pivot Levels:

P: 5516

R1,R2,R3: 5536 - 5548 - 5568

S1,S2,S3: 5503 - 5483 - 5470

Technical Resist: 5563 - 5608 - 5664

Technical Supports: 5501 - 5484 - 5445

Intra-day stocks:

1.  Ador Fontech: Long Position
2. BHEL: Long Position
3. Chambal: Long Position
4. Glaxo: Long Position
5. Jindal Cotex: Long Position
6. Prakash Ind: Long Position

F & O Stocks:

1.  Aban: Long Position
2. ABB: Short Position
3. Asian Paints: Short  Position
4. Balarampur chin: Short Position
5. Infosys Tech: Long Position

Delivery Stocks:

1. APIL: Short Term Hold
2. CPIL: Short Term Hold
3. Glaxo: Medium term hold
4. Godrej Ind: Medium term hold
5. Prakash Ind: Medium term hold
6. Unitech: Long term hold

If you have any problem please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

9922944434 / 9922942422

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

24 - 03 - 2011: Will market touch 5600 level at last?

Hi All,


So many days, market was in the range of 5380 to 5500, but yesterday it gives good breakout for consolidation, and it may go up in next few days.
Now, all IT Bracket people will do the investments, as it is the end of march, so, demand will be more than the supply of the shares, ideally market may not fall further below 5420.

Market has given clear-cut Up flag breakout will a high volume with a target of 5723 in coming 6 days and stochastic also supports, so, market may reach 5600 level very easily. Those are short in the market strictly follow the stoploss.


Concentrate on Bank sector, Pharma Sector and Infra Sector, they will give us a good yield for delivery stocks also.

Pivot Levels:
P: 5480
R1,R2,R3: 5509 - 5539 - 5592
S1,S2,S3: 5436 - 5476 - 5343


Technical Supports: 5445 - 5401 - 5376 
Technical Resists: 5511 - 5535 - 5563


Intraday Stocks:

1. Bajaj Corp: Long Position
2. BGR Energy: Long Position
3. Emami: Short Position
4. ICICI Bank: Long Position
5. Ravalgaon: Long Position
6. Sasken: Long Position
7. Arrow Tex: Short Position

F & O Stocks:

1. Aban: Long Position
2. ACC: Long Position
3. Alok Text: Long Position
4. Ambuja Cem: Long Position
5. Cipla: Long Position
6. Hindalco: Long Position
7. JSW Steel: Long Position
8. Pantaloon Retail: Long Position

Delivery Stocks:

1. DCHL: Medium Term Hold
2. Glodyne Techno: Short Term Hold
3. Ravalgaon: Short Term Hold
4. Apollo Tyre: Medium Term Hold
5. Ashok ley: Medium Term Hold
6. BankBees: Long Term Hold
7. Century Text: Short Term Hold
8. Cipla: Short Term Hold
9. SBIN: Long Term Hold

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com  

99 22 944 434 / 99 22 942 422

21-03-2011: Big bulls are playing with Traders!!!

Is there any fear in the market because political instability or Libya Crisis or may be because increase in interest rates? 
Why market is falling down? Is there any reason....
But technically speaking market is taking neckline support and domestic investors interested in buying the stocks, means these are the big bulls in the market who knows the direction of the market, so technically speaking we are still in a safe zone with a support of 5357, if market manage to close below this level then there will be a huge crack in the market up to the level of 5170 otherwise bulls will enjoy party!!!

Tomorrow, market may open on positive note, and then it will gradually increase. Tomorrow market will be bullish.

Pivot Level:
P: 5407
R1,R2,R3: 5449 - 5524 - 5566
S1,S2,S3: 5332 - 5291 - 5216

Technical Resists: 5424 - 5475 - 5510
Technical Supports: 5330 - 5308 - 5232

Intraday Stocks:

1.  AIA Eng: Long Position
2. Cubical Fin: Long Position
3. DLink India: Long Position
4.  Forbes Gokak: Long Position
5. Kansai Nerolac: Long Position
6. M & M Ltd: Short Position
7. ONGC: Short Position 

F & O Stocks:

1.  ACC: Short Position
2. Asian Paints: Short Position
3. Aurobindo Pharma: Long Position
4. Core Project: Long Position
5. Grasim: Short Position
6. NMDC: Long Position  

Delivery Stocks:

1. MVL Ltd: Short Term Hold
2. Nitesh Est: Medium Term Hold 
3. Panasonic Home: Short Term Hold
4. Tata Comm: Medium Term Hold
5. Torrent Power: Medium Term Hold

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

 

18-3-2011: Will the market changes its direction or not???

Hi All,


From last 10 days, market is up today and market is down tomorrow, when it will break this chain? 1-2% up or down which means market is range bound, with a range of 5410 to 5564. Any of the level break will give a good gain from the market. Till that point of time we have to wait for good breakout, no one will predict, when we will get breakout, may be tomorrow we will get the breakout, either side breakout will give us approximately 200 points gain. Looking at chart, it may give us upside move.


Higher Top and Higher Bottom indicates that market is up. Tomorrow market may open slightly on positive note, it will move up gradually. Looking at US and European markets they are 1.5% up today, which will boost our market up.

Pivot Levels:
P: 5464 
R1,R2,R3: 5493 - 5539 - 5567
S1,S2,S3: 5417 - 5389 - 5343

Technical Supports: 5435 - 5420 - 5373
Technical Resist: 5510 - 5535 - 5563


Intra-day Stocks:

1. Action Fin: Long Position
2. ALBK: Long Position
3. Bhel: Long Position
4.  Indian Bank: Long Position
5. Patel Eng: Long Position
6. HDFC: Short Position
7. Cinemax Ind: Long Position 

F & O Stocks:

1.  AmbujaCem: Long Position
2. Apollo tyre: Short position
3. Cromp greaves: Long Position
4. SBIN: Long Position
5. Idea: Long Position 

Delivery Stocks:

1. Bhel: Medium Term Hold
2. Cranes Soft: Short Term Hold
3. Neuclear Soft: Short Term Hold 
   

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

17 - 03 - 2011: RBI Policy, New Declarations:what will be the effect??

Yesterday, our market acts as independent market... like, rest of the market was 1 to 6% down, but our market was up, is it because of Good news in the market? or just all the other funds gets raise so strong buying is there??
I think both are the reasons.


Just check it out with chart, market has made golden crossover for 5, 13, and 21 DEMA and one up flag breakout above 5515 level, so this is the sign where we can say market is bullish but for intra-day traders they can get down move as there will be profit booking!


Market will be in the range of 5480 to 5590, if today if goes above level 5590, it may go up to 5620!! But below 5480, market may fall upto 5417. We can make profit by applying our Intra-day strategies.

Pivot Level:
P: 5507
R1,R2,R3: 5539 - 5567 - 5598
S1,S2,S3: 5480 - 5448 - 5421

Technical Supports: 5494 - 5476 - 5449
Technical Resist: 5535 - 5563 - 5586

Intra-day Stocks:

1.  Anjani Fabri: Long position (Risky Trade)
2. Cupid Ltd: Short Position
3. Force Motors: Short Position
4. JSW Steel: Long Position (Risky Trade)
5. Advani Hotel: Long Position
6. Atul Ltd: Long Position
7. Kolte Patil: Long Position 

F & O Stocks:

1.  Alok Text: Long Position, call option 20
2. Bhartiartl: Long Position
3. Canbk: Long Position
4. Central Bank: Long Position
5. Educomp: Long Position
6. ICICI Bank: Long Position
7. Infosys: Long Position
8. LT: Long Position
9. LICHSGFIN: Call option 200, 210
10. ONGC: Short Position

Delivery Stocks:

1.  Atul Ltd: Medium Term Hold
2.  Kolte Patil: Short Term Hold

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

 

Will market touch the 5650 levels tomorrow??

Hi All,


Yesterday, i guided not to trade in stocks, but trade safely in Index, and it gives tremendous amount of profit right??

Now, our direction is fixed, market is going to touch 5900 in next 2 weeks. Tomorrow, may be due to profit booking market will come down slightly, and then will went up at the end.

Pivot Levels:
P: 5501 
R1,R2,R3: 5567 - 5604 - 5670
S1,S2,S3: 5464 - 5397 - 5361

Technical Supports: 5484 - 5434 - 5411
Technical Resists: 5563 - 5586 - 5606

Intra-day Stocks:

1.  Atlanta: Long Position
2. Ceat Ltd: Long Position
3. Gail: Long Position
4. Hitachi Homes: Long Position
5. IT People: Long Position
6. Shreeram EPC LTD: Short Position
7. Suzlon Energy: Short Position

F & O Stocks:

1.  Aban: Long Position
2. Adani Enter: Long Position
3. Axis Bank: Long Position
4. Bharat Forg: Long Position
5. Cipla: Long Position
6. ICICI Bank: Long Position, Call option buy 1050
7. Infosystech: Long Position
8. MLL: Long Position
9. ONGC: Short Position
10. SBIN: Call option Buy 2600, 2700
11. Tatasteel: call option buy 600, 620 

Delivery Stocks:

No Stocks.

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

99 22 944 434 / 9922 942 422 
 

Be careful today while Trading!!!

Hi All,

You should be very careful while trading in stock market today. This is because of Japan's Earthquake and tsunami, it might possible our market will not react with down movement, as our market is independent market, but, while taking any position, strictly, follow stop loss. Market is range bound with a range of 5390 - 5600, if today it breaks 5390 level then it will fall further up to 5200 again, above 5390 we are in to safe zone.

Looking at Friday's recovery after news got forecast about Japan, our market may not react on negative note much, yes, intra-day market may fall but it will recover immediately.

Looking at Nifty Chart, our market is on the support of Neckline, if it breaks, a free fall may be there in the market, so, today, i will advice you, not to trade in stocks, but trade in Index, with a Strict Stop loss.

 Pivot Levels:
 P: 5453
R1,R2,R3: 5495 - 5544 - 5586
S1,S2,S3: 5403 - 5362 - 5312

Technical Support: 5411 - 5382 - 5333
Technical Resist: 5456 - 5502 - 5531


 Strictly use Stoploss.


If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

 
 

Today Who will win the battle? Bulls or Bear?

Hi All,


As per yesterday's prediction, market was dicey, it falls down rapidly, settles at the level 5505/5515 and then it went up. This gradual increase will boost the market.


Looking at FII's and DII's data, there were fresh buying in stocks also and in Index future also, so, considering this, today market may open on slightly negative note or may be flat, then it will settle down and then it will gradually increase up to the level of 5600.


Intra-day Stocks:

1. B & A Ltd (508136): Long Position
2. Bombay Dying: Long Position 
3. Jayashree Tea: Long Position
4. Welspun Corp: Long Position
5. Tata Tea: Long Position
6. Novartis: Short Position 
   

F & O Stocks:

1. Alok Text: Long Position, call option buy 20, 22.5, 25
2. Apollo tyres: Long Position, call option buy 65, 70
3. Cairn Ind: Short Position
4. MLL: Long Position
5. RCOM: Long Position 
   

Delivery Stocks:

1. Bombay Dying: Hold for 1 month.
2. Bhushan Steel: Hold for 10 days
3. Arvind Mills: Hold for 20 days 
4. Welspun Corp: Hold for 2 months
5. Tata Tea: Hold for 1 month  
6. Apollo tyres: Hold for 20 days
   

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Will market touch 5650 level in coming 3 days?

Hi,


From last few days I have suggested few good delivery stocks, if you just have a look about gaining part, then, approximately, 20% rise you will get in recommended stocks for delivery only in 10 days!!!

As per yesterday's prediction, market opens on positive note, and remain flat through out the day. This will boost the bulls to stay invested in the market. Market may touch 5650 level in coming 2/3 days, this is because most of the common investor will invest through ELSS or tax benefit mutual funds to complete the tax bracket!! Apart from this, market has given technical breakout which suggests us above.


Today, market may remain in the range of 5440 on the lower side and 5570 on the higher, breakout for either of the side may give us the level 5391 or 5630!!


Pivot Levels:
P: 5505
R1-R2-R3: 5545 - 5571 - 5611
S1-S2-S3: 5480 - 5439 - 5414

Technical Support: 5493 - 5466 - 5408
Technical Resistance: 5538 - 5562 - 5586

Intra-day Stocks:
1. Bharat Ele: Short Position
2. Parichay Inv: Short Position
3. Persistent sys: Short Position
4. Ajanta Pharma: Long Position
5. Asian Hotel: Long Position
6. Bata: Long Position
7. Everonn sys: Long Position
8. Whirlpool: Long Position

F & O Stocks:
1. Welspun: Long Position
2. TVS Motors: Long Position
3. TV 18: Short Position
4. Tata Motors: Long Position, Risky Trade
5. Suzlon: Call option buy 50, 55
6. SBIN: Call option buy 2700, 2800
7. Infosystech: Long Position
8. Educomp: Long Position
9. Bhartiartl: Long Position, 330, 340 call option buy

Delivery Stocks:
No Stocks.

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

anagha@preciseanalysis.com 

[Technical Analyst]

Precise Analysis Pvt Ltd.

7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

99 22 944 434 / 9922 948 364 

 

8-3-2011: What will be the market Today?

Hi All,

What will be the market today? lets check out the chart, chart has made down side window's Gap pattern, which is a sign of bullish, and market will fill this gap may be in coming few days!!!!


Why yesterday was Gap down Opening? There were Key reversal pattern at top for index on friday, which suggest market is going to go down, accordingly it falls, but is has taken trendline support, so, it may not fall further, like it may again touch 5391 level, but if index manages to remain below 5391, then bear will enjoy a free fall in the market.

Last Tuesday, index has given Inverted H & S breakout with a target of 5960 in next 20 days, considering this market may not fall below 5391.

Today market will remain dicey with both side gain.

Pivot Level:
P: 5454
R1,R2,R3: 5500 - 5537 - 5582
S1,S2,S3: 5417 - 5371 - 5334

Technical Resist: 5491 - 5524 - 5586
Technical Support: 5408 - 5382 - 5330 

Intra-day Stocks:
1. Aban: Long Position
2. Ahlcon, 524448: Long Position 
3. AdityaBirla: Short Position
4. Ansal Housing: Short Position


F & O Stocks:
1. Adani Power: Long Position
2. Ahokley: Put Option buy 50

Delivery Stocks:
1. Aban: Short term hold with a target of 702.
2. Jyothi Lab: Short Term Hold with a target of 277
3. Nocil: Short Term Hold
4. Walchandnagar: Short Term Hold with a target of 184 

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

99 22 944 434 

 

3 - 3 - 2011: Bull rally continues..........

Hi All,

O my my, Day before yesterday's prediction was 100% accurate...

Looking at daily chart of index, market made a inverted H & S price pattern, with a target of 5950 in next 20 days!
You may say, anagha don't be so bullish, but the fact is, i don't find any reason, market to come down unless there is a political instability or something of that sort.

Looking at Chart, market may come down on intra-day basis may be at a level of 5419 - 5430, but it will gradually go up.

Pivot Levels:
Pivot: 5476
S1, S2, S3: 5419 - 5317 - 5260
R1, R2, R3: 5579 - 5635 - 5738 

Technical Support: 5452 - 5382 - 5330
Technical Resist: 5557 - 5599 - 5614


Intra-day Stocks:

1.  Allcargo: Long Position
2. Anil Product: Long Position
3.   

F & O Stocks:

1. Bajaj Auto: Long Position
2. Canbk: Long Position
3. Cipla: Long Position
4. DLF: Long Position
5. Hindalco: Long Position
6. IFCI: Buy Call option 55, 50
7. Ispat: call option buy 22.50 , 25
8. Mphasis: Long Position
9. Tatamotors: Call option buy 1200 

Delivery Stocks:

1. AML Steel: Short Term Hold
2. Bajaj Auto: Short Term Hold
3. Finolex Ind: Short Term Hold
4. JSW Steel: Short Term Hold 
5. LICHSGFIN: Short Term Hold 

If you have any query please get in touch with me.

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

99 22 94 44 34 / 99 22 94 33 56 

 

  

Khatta ya Mitha: 50-50%!!!!

Hi All,
What a correct prediction it was???

But, what was the reason behind sudden fall in the market? May be Long Position covering, because if we look at open interest of Call Option, then you will realize in coming days market will touch the level of 5500 - 5600 very easily, and if market sustains above 5650 level, then only we can say market has taken confirmed U turn of Bullish Pattern. But if suppose market remain down at the level 5280 then, it will definitely touch 5000 level. Huge FII's & DII's buying at in Cash market and in F & O market suggest 5500-5600 levels. 


Tomorrow market will open slightly on positive side, but today's selling pressure may pull the market down, on a intra-day basis but gradually it may recover. 

Pivot Level:
P: 5373
S1, S2, S3: 5268 - 5205 - 5100.
R1, R2, R3: 5437 - 5541 - 5605


Technical Support: 5308 - 5232 - 5170
Technical Resist: 5477 - 5495 - 5519


Intraday Stocks:

1. Coal Ind: Long Position
2. IOB: Long Position
3. ITC: Long Position
4. PGHH(P & G Hygiene & He): Long Position (This stock is Proctor & Gamb 500459) 
5. APLAB: Short Position
6. Corp Bank: Short Position 

F & O Stocks:

1.  Aban: Long Position
2. Adani Ent: Long Position
3. Bajaj Hold: Long Position
4. Canbk: Long Position
5. COLPAL: Long Position
6. Hindalco: Long Position(Risky Trade)
7.  Industrial Bank: Long Position
8. M & M: Long Position
9. MudraPort: Short Position 

Delivery Stocks:

1. IDFC: Short Term Hold
2. IOB: Short Term Hold
3. HDIL: Medium Term Hold 
4. IVRCL Infra: Medium Term Hold

If you have any query please get in touch with me.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

99 22 944 434 / 99 22 943 356  

Budget: Will really help to control Inflation????

            Right now, market is very unpredictable, because of inflation, 2G Scam, budget requirements, fund generations insufficiency, lack of management, this all type of problems are in the market today, most of the analyst are stick with same issues, but looking at FII’s and DII’s buying, this news will not affect the market at all. Only fear in the market is if there will be any other scam, then only market will fall further upto 4400 levels. But not now.

            You may feel what I am writing at blog, but looking at chart, frankly speaking, if market has to achieve 50,000 Sensex in next couple of years, then, right now market has to get settle by tomorrow.

            So, there will not be any down move possible in the market, I think. Intraday jigsaws may there, but market will recover in couple of days later.

            If market closes below 5100 then market will directly go to 4400. But this will happen only if budget is not really good.

            Looking at various sectors, following sectors will definitely gain a lot in coming year:

            Tomorrow market may reach a level of 5440, as tomorrow budget will pull the market up, as current Politician are more interested in vote bank, so, budget is very good, looking at chart.

Pivot Levels:

P: 5291

R1, R2, R3: 5350 – 5397 – 5455 

S1, S2, S3: 5244 – 5186 – 5139

Technical Support: 5232 – 5177 – 5120

Technical Resist: 5321 – 5338 - 5408

Intraday Stocks: 

      1) Abhishek: Long Position

2) Bajaj Hold: Long Position

3) 532424: Godrej : Long Position

4) HDIL: Long Position

5) Nestle: Long Position

6) Satyam: Long Position

 

F & O Positions: 

1) Aban: Long Position

2) ABG Shipyard: Short Position

3) Ashok ley: Call option 45, 50 buy

4) Axis Bank: Long position

5) BEML: Long Position

6) DLF: Call Option Buy 220, 250

7) Mphasis: Long Posiiton, Risky trade

8) RCOM: call option 90, 100

      9) Unitech:  call option 35, 40 

Delivery stocks:

1) CanBk: Short Term Hold

2) Zauri Agro: Short Term Hold

3) Aban: Medium Term Hold

4) Educomp Sol: Short Term Hold

5) GMR Infra: Short Term Hold

6) IVRCL Infra: Short Term Hold

7) Syndicate Bank: Short Term Hold

8) TTML: Medium Term Hold

 
If you have any query please get in touch with me. 

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

9922943356 / 992294434