Trading Strategies 25th April 2012

• Buy Bajaj Auto Above Rs.1669 with targets of Rs. 1686 keeping a stop of Rs.1662
• Buy Nifty 5300 Call @ Rs.10.60
• Buy Bharti Airtel 320 call @ Rs.0.86
• Buy SBI 2200 call @ Rs.29.25
• Buy Pantaloon Retail with targets of Rs.174 keeping a stop loss of Rs.164.90
• Buy Noida Toll (Hold)
• Buy Jindal Poly at Rs 192 for a target of Rs 207, Stop loss at Rs 187 
   

Trading Strategies For 20th April 2012

The Nifty has a continuous run up since Jan 2012. The markets seem to be positive after the Rate cut announced by the RBI .

With Spot Nifty trading at 5332 we expect Nifty to touch 5446 a continuation of a bull run will be confirmed once nifty closes above 5446 , Resistance Lies at 5500 , a break above 5510 will lead the Nifty towards 5700 and 6100, Therefore levels to keep a track of is 5500 and 5100 .
However, a Break below 5100 will drag the Nifty towards 4900.

Trading Strategies for April 2012

BUY jaiprakash associates target Rs.86.20, levels once broken will lead towards 88.75

BUY BHEL only once price breaks Rs.257 with targets of 263.1 and 266.5
However If price fails to breach Rs.257 then short with targets of Rs.252 and Rs.241

Buy Golden tobacco for long term (Technical candlestick pattern has three black crows
which define a huge bullish candle towards Rs.62

IOL Chemicals is going to continue its bearish move towards Rs.19.5 therefore we would
recommend hold short positions

BUY ZODIAC CLOTHING WITH TARGETS OF RS.233 maintain a stop loss of Rs.198
Do not hold this stock for a long term, since this will continue to remain in a consolidation
phase for the next coming months, We are keeping a watch on this stock since it has
gained with volume of over 9 Lakh shares within a day's time, Therefore if it breaches Rs.250.5
it may continue to move north.

WE RECOMMEND GOING SHORT ON LUPIN AT MARKET RANGE OF RS.533-546 WITH TARGETS OF RS.409 AND RS.384

Stock Tips 30th March 2012

Buy Venus Power for big profits!

Buy Tata power with targets of 102

Nifty Support Lies at 5180

The support level for Nifty lies at 5180 , Our recommendation is to Buy 5200 Put and Buy Nifty at current market levels.

Buy Reliance Infra 580 PUT at CMP with targets of Rs.17 to Rs.20

Research 22 March 2012

SHANTI GEARS BUY ABOVE 36.6

GANESH POLYTEX WATCH 60.25 above 60.25 for long term

buy kei industries with targets of 22.7 and for long term

buy ceat with targets of 108.75 once Rs.96 is broken (prelim bullish price objective )

buy dlf above 206.5 and sell below 206.50 (206.50 as pivot level)

buy piramal glass with targets of 126.45

watch bharti shipyard

a wedge format on aptech buy with stop loss of Rs.83 (bullish price objective Rs.100)

SHORT CASTROL WITH TARGETS OF RS.387 MAINTAIN STRICT STOP LOSS OF RS.514

watch grindwell norton bullish tgt price Rs.290

buy chettinad cement

buy OCL

Nifty Budget Analysis and Stock Tips 16th March 2012 , Nifty to hit 5600 ?

16th March 2012 is what investors have been waiting for the " Budget Day " . Which is very dangerous for most day traders to either Make or Break their portfolio unless guided well with precise analysis !
At www.Dailynifty.in we simplify our language for all investors to understand our trading strategies and recommendations.

On Budget day our recommendation is the " Power Industry / The Energy Sector "

Top Picks (NOTE : PRICES ARE MENTIONED ACCORDING TO THE BOMBAY STOCK EXCHANGE)
( Stop loss need not be mentioned on Budget day for the stocks mentioned below )

1) Alstom Project :- Buy with targets of Rs.525 (Hold until April)
2) Buy CESC only above Rs.310.60 with targets of Rs.343)
3) BUY SJVN with targets of Rs.22.5 (HOLD UNTIL APRIL)
4) (WATCH ENERGY DEVELOPMENT COMPANY)
5) SELL TORRENT POWER WITH TARGETS OF 198.5 MAINTAIN A STOP LOSS OF RS.219
6) BUY RENUKA SUGAR WITH TARGETS OF RS.50 (HOLD UNTIL APRIL)

Nifty Technical Analysis 14th March 2012

Buy IFGL Refractors with targets of Rs.43.80 and Rs.45 maintaining a Strict Stop loss of Rs.38. Current Market price is Rs.40.40.

Buy ATN International Only above Rs.1.06 with targets of Rs.1.40 Stop loss can be adjusted in between Rs.0.70 to Rs.0.80

Buy JPpower only once crosses above RS.44.6 or SELL if remains BELOW RS.44.6
Rs.44.6 is strong Pivot level

Sell Wipro with targets of Rs.420 and Rs.399.

Our Recommendation on the Nifty is to hold long positions as long as 5420 holds with next targets of +20 points ahead of today's closing price. However Nifty has strong resistance level at 5520, which once broken will lead towards 5600.
If 5520 is not broken we would have to wait for budget day for a turn around or a bounce back up . therefore watch 5520 levels !

Good luck trading ,

Trading strategies for the 14th Feb 2012

The Sensex has way to move up another 350 pts after mondays close at 17772.84
with resistance at 18132 and Support levels at 17596 once broken would lead towards 17300

The resistance mark of 18132 is a very crucial level for a turning point in the markets
a break above 18132 will lead the Index towards 18440 and 19120.


The Midcap index is trading above its 200 day moving average which acts as a very strong
resistance point for Midcap stocks,Tte Midcap Index is positive as long as it
holds above the 6260 Mark with targets of 6340 6476 for the week. Supports lie at 6260 and 6153.

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buy gspl above Rs.80 with targets of Rs.92 , SL 79.80 CMP 84.9 (Duration 14 days)
buy escorts above Rs.86.75 with targets of Rs.92 and 100 (Duration 15-20 days)

Nifty Prelim Bullish price objective at 6900

Nifty Prelim Bullish Price objective at 6900.

Click here to view Chart (Point and Figure charting)

Stock Tips 6th Febuary 2012

Buy Shree Cement above 2323.95 once above 2323.95 targets are 2350 and 2450(Daily)

Buy century ply with targets of Rs.60 SL 53.80 (BTST)(Intraday)

Buy development credit bank with targets of 48 and 49

Buy VIP industries with targest of 124.9 with stop loss of 96.50 (Weekly)

Buy chambal fertilizers (Intraday)

Gold Is not A Hedge against Inflation But a Hedge against the Dollar!

After the Fed's Speech The US Dollar went plummeting, Following a crash in the Bonds and T-notes crashing to new lows. An Increase in the Price of Oil and Major currencies against the Dollar will have an impact with the Asian stock market.
Look for our next targets towards 5400 on the Nifty by the End of March 2012.

Stock Specific : Gold took a U-Turn once again from its lows after Ben Bernanke's dovish speech currently trading at 1720 while I am writing this. Our next trades on the National Stock exchange will be to purchase Gold Stocks! and Gold mining Stocks!

Recommendation : Purchase Gitanjali at Current market price or the opening price on Friday once markets open.
Technical: the eight day money flow index has crossed its lows with FII funds flowing into Gold stocks In India.
RSI has strengthened crossing above RSI 36.50.

Recommendation :- Purchase Deccan Gold

Nifty January 2012

The fourteen day period (Relative strength Index) RSI on the Nifty has risen above 50+ Levels towards 59.27 which Indicates a breakout on the Nifty above 4932 which acts as Pivot level for the month of January 2012.

Fibonacci retracement levels on the Nifty if broken above 4932 can lead towards 5024 and 5127. Recommendation : Stay long on the Nifty once 4930 level is Broken with targets of 5127 and 5400 till the end of March '12.