Technical View on Nifty for 01st Dec. Wednesday

Nifty future showed a sharp recovery after GDP data  and has closed near to its major resistance level of 5900. Nifty future may take up move above 5900 level. One should take long position in it above 5900 level . Resistance for nifty future 5910 /5990 and support is at the level 5835/5750.
           
Resistance: It has first resistance close to the level of 5910 & after it may face the next resistance close to the level of 5990.
  
Support: It has first support close to the level of 5885 & after it may get the next support close to the level of 5750.
     
Bank nifty future bounced back after taking support of 12766 level. We can see some more up move from 12100 level if it manages above 12100 level, till 12350 level. Resistance for bank nifty future is at 12100/12325 and support is at the level of 11927/11750.
           
Resistance levels: It has first resistance close to the level of 12100 & after it may face the next resistance close to the level of 1235.

Support levels: It has first support close to the level of 11925 & after it may get the next support close to the level of 11750.

Share Market Review and Trend

Indian Market:

It was a nice pull back on Monday, led by oil & gas, technology, financial, capital goods, FMCG, auto and select healthcare companies' shares, after witnessing a sell-off in previous four days. The benchmark Nifty closed above the 5800 - psychologically important level. Short covering could be the reason behind this nice pull back, which was imminent.

Housing Development Finance Corporation (HDFC), will reportedly make a big-bang entry into education. HDFC Chairman Deepak Parekh was quoted as saying that the group's blueprint will be ready shortly.

India's GMR Group said on Sunday it has agreed to divest its 50% stake in U.S-based power utility InterGen to China Huaneng Group for USD 1.23 billion to focus more on the Indian market.

Global Cues:

Most Asian markets were trading lower on Monday, 29 November 2010, on growing worries over the euro zone debt crisis, shrugging off Ireland's bail-out plan announced during the weekend. Tensions on the Korean Peninsula also weighed on the sentiment. The key benchmark indices in Singapore, South Korea, China, Hong Kong, Indonesia, slipped between 0.03% to 1.55%.

U.S. stocks fell this week, led by banks, amid concern that an Irish financial bailout will fail to stem Europe's debt crisis, China will raise interest rates to cool inflation and the Korean peninsula conflict will escalate.

Euro zone economic sentiment improved more than expected in November, data showed on Monday, led by more optimism among consumers, as well as in the services sector and in industry.

Nifty Future Tips for Tuesday 30, Nov, 2010

Nifty future showed a small pull back after sharp fall last week and closed above 5800 levels. If nifty future trades above 5900 level we can see some more  upside  in it. Resistance for nifty future is at 5910/6030 and support is at 5790/5725 .
        
Resistance: it has first resistance close to the level of 5910 & after it may face the next resistance close to the level of 6030.

Support: it has first support close to the level of 5790 & after it may get the next support close to the level of 5725.
     

Share Market Tips for Tuesday 30th Nov.   

Bank nifty future traded in a range of 11950-11750 after sharp fall in last week and closed near the day  high . one should take position after proper break out on either  side. resistance for bank nifty future is at  11950 /12100 and support is at  11670/11500.
           
Resistance levels: It has first resistance close to the level of 11950 & after it may face the next resistance close to the level of 12100.

Support levels: it has first support close to the level of 11670 & after it may get the next support close to the level of 11500.

Share Market Tips this week 29th Nov. to 03rd December

Last week we saw that share market was very volatile and it tumbled due to news of Scams, Korean war etc. etc.

So in these kind of situations only very good tips from best technical analysts can help you in gaining profits in the share market and if not making profits they can stop you from incurring losses. 

Here are technical views on some shares by the best analysts for more share market tips and information you can click here.

Share Market Tips for Friday 03rd Dec.

Buy State bank of India at / above: 3108.06 Targets: 3120.45 - 3134.43 Stoploss : 3094.14

Buy Mastek Ltd. at/above: 210.25 Targets: 213.78 - 217.45 Stoploss : 206.64

Buy Hindustan Organic Chemicals Ltd. at/above: 55.00 Target: 59.80 Stop loss: 54.00

Buy Gitanjali Gems at/above: 260.00 Target: 276.00 Stop loss: 258.00

Buy Geodesic Ltd. for 6 months target: Rs. 160

Share Market Tips for Tomorrow, 02nd Dec. 2010, Thursday

Buy Larsen & Toubro Ltd. at/above: 2036.26 Targets: 2046.53 - 2057.86 Stoploss : 2025

Buy Shoppers Stop at/above: 742.56 Targets: 749.01 - 755.87 Stoploss : 735.76

Buy TCS at/above: 1089 Targets: 1096.71 - 1105 - 1113.33 - 1121.68 Stoploss : 1080.76 for 1-3 days

Buy Bharti Airtel at/above: 351.56 Targets: 356.08 - 360.81 - 365.58 - 370.37 Stoploss : 346.89 for 1-5 days

Technical View on ONGC and IOC

IOC or ONGC have been bounce backing from the 200-day moving average, so one can initiate a trade over here keeping a stop loss of 1270 and on the upside,  if ONGC it clears the resistance of 1325 or 1350 levels, then it can touch level of  1375, so one can trade with positive bias in IOC as well as in ONGC.

Share Market Tips for 01st December, 2010 Wednesday

Buy Rural Electrification Corporation Ltd. (REC) at/above: 351.56 Targets: 356.08 - 360.81 - 365 Stoploss : 346.89

Buy Lupin Ltd. at/above: 511.89 Targets: 517.3 - 523 Stoploss : 506.25

Buy Bharti Airtel at/above: 361 Targets: 365.00 Stoploss : 356.26

Buy kingfisher Airlines at/above: 66.00 Targets: 68.02 Stoploss : 64

Buy GMDC for 2-3 days at/above: 132.25 Target: 134 Stoploss : 129.39

Share Market Tips for Tuesday 30th Nov.

Buy Ranbaxy at/above: 570.01 Targets: 575.71 - 581.72 - 587.76 Stoploss : 564.06

Buy GMR Infra at/above: 47.26 Targets: 48.97 - 50.74 Stoploss : 45.56

Buy BHEL at/above: 2162.25 Targets: 2172.8 - 2184.46 Stoploss : 2150.64

Buy D B Realty at/above: 199.51 Targets: 202.96 - 206.53 Stoploss : 196

Buy Reliance Industries Ltd. for 1 year target: 1100

Share Market Tips for Monday 29th Nov.

Sell Sesa Goa at/below: 297.56 Targets: 293.41 - 289.14 Stoploss : 301.89

Buy TCS at/above: 1048.14 Targets: 1055.72 - 1063.85 Stoploss : 1040.06

Technical View on Kotak Mahindra

Wait and Watch Kotak Mahindra, Buy if it breaks level of 480 and if it breaks level of 460 then it would correct further from current levels.

Technical View on Refineries

Buy HPCL, IOC, BPCL, for 1 to 2 months because even if it comes down from these levels, it would be hardly 5 or 7% from current levels but on the upside it should be significantly higher from these levels.

Technical View on Jindal Steel

If you look at Jindal Steel most metal counters have corrected and they are now trading close to their major supports. For Jindal Steel the support is around Rs 610 and that is pretty much where it is trading. It went down during the day below that level but has now pulled back up so I think Rs 610 is the level to watch out. If it closes below that you could see more downside.

 Read Disclaimer* before investing.

Nifty for Next Week (29th Nov. Monday)

Nifty future as expected saw a sharp fall below 5820 levels and closed near near 5778 levels. Nifty future will face resistance at 5860 and 5920 levels. We recommend selling on higher levels till it closes below  5920 levels. Support for nifty future is at 5700/5670 levels and has resistance at 5860/5920 levels.

Resistance: It has first resistance close to the level of 5850 & after it may face the next resistance close to the level of 5930.

Support: It has first support close to the level of 5710 & after it may get the next support close to the level of 5650.

Bank nifty future as expected saw a sharp fall below 11750 levels and closed near near 11718 levels. Bank nifty future will face resistance at 11950 and 12100 levels. We recommend selling on higher levels till it closes below  12100 levels. Support for bank nifty future is at 11440/11225 levels and has resistance at 11950/12100 levels.
     
Resistance: It has first resistance close to the level of 11958 & after it may face the next resistance close to the level of 12185.
     
Support: It has first support close to the level of 11471 & after it may get the next support close to the level of 11212.

Stock Market Summary and Review

Indian Market:

The benchmark Nifty shut shop below the 5800 - a psychologically important level - on settlement day for November. Shorts build up and lingering effect of housing finance scam could be the reason behind today's sell-off. Indices closed at two months low, dragged down by realty, metal, capital goods, oil & gas, power, FMCG and ADAG companies' shares.

India's food price index rose 10.15%, while the fuel price index climbed 10.57% in the year to November 13, government data on Thursday showed.

Follow-on public offering' shares of the country's largest electricity transmission utility Power Grid Corporation of India listed on the exchanges on Thursday.The company plans to add 40,000 megawatts in the next two years.

Global Cues:

Asian markets edged higher today, 25 November 2010, on reports showing improved US employment and consumer sentiment and on higher commodity prices. The key benchmark indices in Singapore, China, Japan, Hong Kong, Indonesia, Taiwan rose between 0.36% to 1.10%. But, South Korea's Seoul Composite index slipped 0.12%.

US stocks surged on Wednesday, 24 November 2010 as the latest economic data painted an improving picture of the economy. The Dow Jones Industrial Average soared 150.91 points, or 1.37%, to 11,187.28. The Standard & Poor's 500-stock index gained 17.62 points, or 1.49%, to 1198.35.

Ireland's government will face the first real backlash from a vicious set of austerity measures when voters head to the polls in the northwestern county of Donegal on Thursday.

Nifty Futures, Bank Nifty Futures Today and prediction for Tomorrow

Nifty future as expected saw a sharp down fall and closed at its psychological support level of 5800. Nifty future today managed to sustain around 5800 level, it can go for  more selling pressure in it. Support for nifty future is at 5758/5700 and resistance is at  5880/6025 levels .

Resistance: It has first resistance close to the level of 5875 & after it may face the next resistance close to the level of 5951.

Support: It has first support close to the level of 5757 & after it may get the next support close to the level of 5715.
           
Today bank nifty future saw a sharp down fall, on settlement day for november. Bank nifty closed near to its support level of 12600. Bank nifty face support is at 11440/11246 and resistance is at 11740/11950. One should take position after proper break out on both the sides.
           
Resistance Levels: It has first resistance close to the level of 11964 & after it may face the next resistance close to the level of 12275.
         
Support Levels: It has first support close to the level of 11475 & after it may get the next support close to the level of 11300.

Market Review: CBI investigations, LIC housing finance scams and stock markets

Indian Market:

Equity benchmarks witnessed a sharp fall on Wednesday in the last half hour of trade with news that the Central Bureau of Investigation (CBI) has conducted raids in the premises of LIC housing finance in Mumbai, Delhi, Kolkata and Chennai.

Processed steelmaker Bhushan Steel expects its profit to grow by a quarter in 2010/11 on strong demand and improved margins due to backward integration.

The Central Bureau of Investigation (CBI) has unearthed a fake housing scandal that runs into crores of rupees. LIC Housing Finance, Central Bank of India and some private sector developers are involved in the scam.

Global Cues:

Asian stocks pared declines as markets across the region rebounded following falls in the wake of North Korea's attack on South Korea yesterday. Japanese shares fell as they resumed trade after a holiday.

European share prices edged higher on Wednesday from a six-week closing low hit in the previous session, though trading was choppy as concerns persisted over military tensions in the Korean peninsula and the Irish financial crisis.

Ireland's deeply unpopular government will finally explain on Wednesday how it plans to save 15 billion euros over the next four years.

Nifty Futures Levels for 25th Nov., Thursday

Nifty future as expected saw a sharp fall below 5930 levels and closed near the days low near 5890 levels. Nifty future will face resistance at 5990 and 6060 levels. We recommend selling on higher levels till it closes below  6000  levels support for nifty future is at 5825/5760 levels and has resistance at 5990/6060 levels.

Resistance Levels: Nifty futures has first resistance close to the level of 5953 and after it may face the next resistance close to the level of 6046.                 

Support Levels: Nifty futures has first support close to the level of 5800 and after it may get the next support close to the level of 5740.
           

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Bank nifty future as expected saw a sharp fall below 12000 levels and closed near the days low near 11886 levels. Bank nifty future will face resistance at 12000 and 12250 levels. We recommend selling on higher levels till it closes below  12250  levels.  Support for bank nifty future is at 11750/11500 levels and has resistance at 12000/12250 levels.
                 
Resistance Levels: Bank nifty futures has first resistance close to the level of 12215 and after it may face the next resistance close to the level of 12560.
                 
Support Levels: Bank nifty futures has first support close to the level of 11637 and after it may get the next support close to the level of 11404.

Share Market Wrap

Indian Market:

Equity benchmarks crashed more than 3% during the day post the North Korea fired artillery shells at South Korean islands, which triggered a bit of sell-off from foreign investors as well as shorts build up in afternoon trade. However, the recovery in last one hour of trade suggested that the markets priced in all those jitters - the Sensex recovered more than 300 points from day's low but there was quite a bit of volatility at end.

The 30-share BSE Sensex closed at 19691, down 265 points and the 50-share NSE Nifty was at 5934, down 75 points.

Mahindra & Mahindra Ltd., India’s largest maker of sport-utility vehicles, will pay 427.1 billion won ($377 million) for a controlling stake in Ssangyong Motor Co. to help widen its range and boost sales overseas.

Global Cues:

U.S. stock-index futures dropped, indicating the Standard & Poor’s 500 Index may fall for a second day, after Yonhap News reported North Korea fired artillery shells into South Korea, injuring four soldiers.

North Korea on Tuesday fired dozens of artillery shells at a South Korean island, in one of the heaviest bombardments on the South since the Korean War ended in 1953.

Oil fell to near $81 on Tuesday, extending losses seen in the previous session, as the dollar gained against the euro on fears that Ireland's debt crisis may spread in the euro zone.

Nifty Futures Technical View for Tomorrow 24th Nov.

Nifty future slips  below 5900 on the back of tension movement in korea, closed near to its days high  and maintain its range of 6057-5850 . If it manages to sustain above 6000 level ,we may expect its further up move from here. Resistance for nifty future is at   6030/6055 level and support is at 5860/5811 level one should take  future position
            
Resistance: It has first resistance close to the level of 5995 & after it may face the next resistance close to the level of 6054.

Support: It has first support close to the level of 5847 & after it may get the next support close to the level of 5760.

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Bank nifty future saw a sharp recovery from its support level after heavy selling pressure. It closed at its resistance level  bank nifty future maintain 12460 level we can see further up move from here, resistance for bank nifty future is 12450/12660 and support is at 12018/11900.

Resistance levels: It has first resistance close to the level of 12254 & after it may face the next resistance close to the level of 12503.

Support: It has first support close to the level of 11825 & after it may get the next support close to the level of 11645.

Today's Stock Market Update and Review

Indian Market:

Equity benchmarks saw spectacular rally on Monday, led by buying across all sectors, after witnessing a bloodbath for previous two weeks on trot. The 50-share NSE Nifty closed above the 6000 - a psychologically important level by adding nearly 120 points while the Sensex was inching up towards 20,000 level.

All BSE sectoral indices ended in green; the BSE Bank, IT and TECk indices jumped 2-2.7%. Auto, Realty, FMCG, Oil & Gas and Metal indices were up 1-1.9%.

Prime Minister Manmohan Singh said ,he expects to return Asia's third-largest economy to a sustained growth of 9-10 percent from fiscal year 2011-2012 onwards.

Global Cues:

Asian shares rose on Friday, following a jump on Wall Street on Thursday, 18 November 2010, as investors cheered a strong manufacturing report and a rosier outlook for Europe's debt problems. The key benchmark indices in China, Indonesia, Japan, South Korea and Taiwan rose by between 0.17% to 1.02%.

US shares surged as a closely watched gauge of US jobless benefits hit a two-year low last week and factory activity in the country's Mid-Atlantic region accelerated in November, suggesting the economy's recovery was gaining speed.

Federal Reserve Chairman Ben Bernanke on Thursday hit back at critics of the U.S. central bank's controversial bond-buying program and issued a thinly veiled attack on China's policy of keeping its currency depressed.

Nifty Futures for Tuesday, 23rd Nov.

Nifty future traded in the range of 6057-5860 in the last two three trading session and has closed near the days high. Nifty future will face resistance at 6060 and 6150 levels. We recommend long position only above 6060 levels. Support for nifty future is at 5860/5800 levels and has resistance at 6060/6150 levels.
            
Resistance: Nifty future has first resistance close to the level of 6055 & after it may face the next resistance close to the level of 6101.
           
Support: Nifty has first support close to the level of 5935 & after it may get the next support close to the level of 5861.

Get Best Stocks to Buy on 23rd Nov. Tuesday here.

Bank nifty future saw a sharp recovery from support near 12000 levels and has closed near the days high. we recommend long position only above 12450 levels. Support for bank nifty future is at 12290/12120 levels and has resistance at 12600/12750 levels.

Resistance levels: Bank Nifty has first resistance close to the level of 12548 & after it may face the next resistance close to the level of 12691.

Support: Bank nifty has first support close to the level of 12163 & after it may get the next support close to the level of 11921.

Best stocks to buy today: Free stock tips for 22nd to 26th Nov.

It if often confusing to make make decision of which stocks to buy today by traders. Here I have listed some stocks to buy for this week (22nd Nov. to 26th Nov.). Stock traders can minimize risks if they follow strict Stop Loss levels and book partial profits on successive Target levels.

If you are looking for more accurate and sure shot stocks to buy today then click here.

Best Stocks to Buy Tomorrow Tips for Thursday, Nov 25, 2010

Technical View on Bharti Airtel

It has been advised by technical analysts that Bharti Airtel is a buy with minimum target of Rs 365 or Rs 376 if bharti airtel sustains above Rs 345 for the next 2-3 trading sessions, more risky traders could keep a stop loss of Rs 315 or a deeper stop at Rs 305 for a target of Rs 345 and then Rs 365.

Buy RIL at/above: 1000.14 Targets: 1007.55 - 1015.5 Stoploss : 992.25 more tips @ http://goo.gl/00cGY

Buy HUL at/above: 301 Targets: 305 - 308 Stoploss : 297.56

Buy Chambal Fertilisers & Chemicals Ltd. at/above: 90.25 Targets: 92.59 - 95.01 Stoploss : 87.89

Buy Orchid Chemicals & Pharmaceuticals Ltd. at/above: 315.06 Targets: 319.35 - 323.83 Stoploss : 310.64

Long term stocks to buy

Buy Maruti Suzuki India Ltd. for 1 year with Target of 1500-1520.

Best Stocks to Buy on Wednesday, Nov 24, 2010

Technical View on MphasiS Ltd.

The stock (MphasiS Ltd.) is already at Rs 610-Rs 615, another Rs 30-Rs 40 to go. If the stock actually manages to close above the Rs 640 mark, I would tend to believe that there is a stronger move which is in the offing.

Buy Mahindra & Mahindra at/above: 763.14 Targets: 769.67 - 776.62 Stoploss : 756.25 @ http://goo.gl/00cGY

Buy Suryajyoti Spinning Mills Ltd. at/above: 60.06 Targets: 61.98 - 63.96 Stoploss : 58.14

Buy Usher Agro for 4 days Buy Above: 91.00 Target: 98.00 Stop loss: 89.00

Buy Crompton Greaves for 2 weeks Buy Above: 330.00 Target: 345.00 Stop loss: 321.00

Stocks to buy today (for Tuesday, 23rd November)

Buy Oil India Ltd. in the range of Rs 1,385-1,395 with StopLoss of Rs 1,370 and Target of Rs 1,445

Buy Nagarjuna Construction Co. Ltd. at/above: 135.14 Targets: 137.99 - 140.94 Stoploss : 132.25

Buy TATA Motors at/above: 1233.76 Targets: 1241.94 - 1250.76 Stoploss : 1225

Buy Hero Honda Motors Ltd. at/above: 1958.06 Targets: 1968.15 - 1979.25 Stoploss : 1947.01

Buy GMR Infra at/above: 50.76 Targets: 52.53 - 54.36 Stoploss : 49

Buy Lanco Infratech. at/above: 66.01 Targets: 68.02 - 70.1 Stoploss : 64

Buy Raymond for 2 months Buy Below: 400.00 Target: 620.00 Stop loss: 350.00

Stocks to Buy Today: Monday November 22, 2010

Intraday Stocks to Buy

Buy Wockhardt Ltd. at/above: 400 Targets: 404.81 - 409.85 Stoploss : 395.01

Buy HUL at/above: 301.89 Targets: 306.09 - 310.48 Stoploss : 297.56

Buy Educomp Solutions Ltd. at/above: 606.39 Targets: 612.25 - 618.45 Stoploss : 600.25

Mid-term to Long-term Stocks to Buy

Sell Unitech at/below: 66.01 for 1 week Targets: 64.03 - 62.04 Stoploss : 68.06

Buy IVRCL Infrastructure & Projects Ltd. Target: 180

Buy Gammon India Ltd. for 1 year Target: 250

Read Disclaimer* before investing

Next Week's Technical View on Nifty Futures with Support & Resistance Levels

Nifty future as expected saw a sharp fall below 5930 levels and closed near the days low near 5890 levels. Nifty future will face resistance at 6060 and 6150 levels. We recommend selling on higher levels till it closes below  6150  levels support for nifty future is at 5860/5800 levels and has resistance at 6060/6150 levels.

Resistance levels: It has first resistance close to the level of 5982 & after it may face the next resistance close to the level of 6074.

Support levels: It has first support close to the level of 5830 & after it may get the next support close to the level of 5770.

A Must Read for Intraday Traders: 10 Deadly Trading Mistakes!!!

Bank nifty future saw a sharp fall below 12235 levels and closed at 12105 levels. bank nifty future will face resistance at 12250 and 12450 levels. We recommend selling on higher levels till it closes below  12450  levels. Support for bank nifty future is at 12000 /11500 levels and has resistance at 12250/12450 levels.

Resistance levels: It has first resistance close to the level of 12965 & after it may face the next resistance close to the level of 13850.

Support levels: It has first support close to the level of 11613 & after it may get the next support close to the level of 11140.

Weekly Stock Market Report

Indian Stock Market Report:

Equity benchmarks closed volatile session on a flat note, with a positive bias. The Nifty tried a lot to get back above the 6000 level but could not happen. Realty, metal, healthcare, FMCG and auto companies.

30-share BSE Sensex closed at 19,930.64, up 65.50 points or 0.33% and the 50-share NSE Nifty rose 10.10 points or 0.17% to settle at 5,998.80. The Nifty November futures ended at 35 points premium, as per provisional data. However, the broader indices ended in red; the BSE Midcap Index was down 0.3% and Smallcap down 1%.

Manappuram General Finance and Leasing's board approved issuance of 5.95 crore shares through a share sale to institutions, worth Rs 1000 crore. The shares were issued at Rs 168 a share.

Global Markets:

Asian shares were mostly higher on Thursday, with markets recovering from recent falls as European Union officials seek a way to fix the region's debt crisis. The key benchmark indices in China, Hong Kong, Japan and South Korea rose by between 0.01% to 0.7%.But, the key benchmark indices in Singapore, Taiwan and Indonesia fell by between 0.11% to 0.49%.

New York Wednesday, stocks ended mixed as concerns that Ireland will need outside help to repay its debts were coupled with a steep drop in housing construction in the U.S. In the U.S., construction of new homes fell 11.7% in October, the Commerce Department reported.

Oil rebounded from a four-week low as the growing prospect that Ireland will get a rescue bailout from the European Union stoked gains for stocks and commodities around the world.

For More Research Reports on Stocks and Commodity Click Here

Nifty for Friday 19th November

Nifty Future closed near to its resistance of 6050 level after volatile session on flat note . Nifty future face resistance of 6120/6150 and has support is at the level of 5975/5925 nifty future sustain above 6080 level we can see more up move for here . one should take position after proper break out.

Free Stock Trading Calls for 19th Nov.

     
Resistance: it has first resistance close to the level of 6086 & after it may face the next resistance close to the level of 6137
     
Support: it has first support close to the level of 5955 & after it may get the next support close to the level of 5875

Bank Nifty Futures Outlook for Tomorrow

Bank nifty future is volatile in last trading session . We can expect slightly up move from 12520 levels. Bank nifty future manages 12520 levels we can see some more up move from here. Resistance for bank nifty 12520/12660 and support is at 12225/12005

Resistance Levels: it has first resistance close to the level of 12673 & after it may face the next resistance close to the level of 13021
 

Support: It has first support close to the level of 12097 & after it may get the next support close to the level of 11008

Stock Market News and Trend

Heavy sell-off in Shanghai Composite Index on renewed talk of further rate tightening spooked the markets on Tuesday, dragged down the Nifty below 6000 level and the Sensex below 20000 mark - have broken an important psychological levels at close for the first time in last 13 sessions.

European aviation firm Air France-KLM has agreed to pick up a 26 percent stake in privately-held Indian firm Max Aerospace and Aviation Ltd and will set up an aircraft component repair facility in India,

Adani Enterprises expects its coal imports to rise about 40 percent this year, the head of its coal trading unit said, preserving its dominance of the coal trade in Asia's third-largest economy.

News and review from global stock market

Asian stocks fell, sending the MSCI Asia Pacific Index to its biggest four-day slump since August, as commodity shares sank after Chinese Premier Wen Jiabao said the cabinet is drafting plans to stem inflation.

U.S. stocks sank, sending the Standard & Poor's 500 Index to the biggest slump since August, amid concern that the debt crisis in Ireland and Greece is worsening and that China will act to slow its economy.

Federal Reserve Chairman Ben S. Bernanke's $600 billion plan to spark inflation in the U.S. economy is already showing signs of succeeding, if the market for bond options is any indication.

Nifty Futures Trend for 18th Nov.

Nifty future as expected saw a sharp fall below 6050 levels and closed near the days low near 5995 levels. Nifty future will face resistance at 6060 and 6150 levels. We recommend selling on higher levels till it closes below  6150  levels support for nifty future is at 5950/5900 levels and has resistance at 6060/6150 levels.

Bank nifty future saw a sharp fall below 12650 levels and closed at 12549 levels. Bank nifty future will face resistance at 12650 and 12750 levels. We recommend selling bank nifty future below  12450 levels. Support for bank nifty future is at 12450/12250 levels and has resistance at 12650/12750 levels.

Equity Market Report

Indian Market:

Equity benchmarks strengthened in last couple of hours after a consolidation as well as sell-off since previous week - the benchmark Nifty closed above 6100 level on Monday and the Sensex added more than 150 points, led by buying in financial, technology, FMCG and metal companies' shares.

The food price index rose 12.30%, while the fuel price index climbed 10.67% in the year to 30 October 2010, government data on Thursday,. In the prior week, annual food and fuel inflation stood at 12.85% and 10.67%, respectively. The primary articles price index was up 14.87% in the latest week compared with an annual rise of 15.43% a week earlier.

In the face of a currency war between US and China, global leaders including India's prime minister Manmohan Singh on Friday, 12 November 2010 agreed to refrain from "competitive devaluation" and bring in exchange rate flexibility to ensure that no country gets undue advantage.

Global Cues:

Asian markets edged lower after a firm start on Monday, 15 November 2010. The key benchmark indices in China, Indonesia, South Korea, Taiwan and Singapore fell by between 0.01% to 1.1%. Hong Kong's Hang Seng rose 0.8%.

U.S. stocks are returning more than junk bonds after trailing them for a decade, valuations have fallen to a record low compared with credit -- and investors are pulling more money than ever out of equity funds.

General Electric Co.'s move to buy as many as 25,000 rechargeable cars, almost half of them from General Motors Co., may herald more purchases of electric vehicles for corporate fleets.

Technical View on NSE Nifty-50 for Tomorrow 16th Nov.

Technical View on Nifty Future and Recommendation for Tomorrow

Nifty future as expected was holding above the 6050 levels and closed near the days high near 6140 levels. Nifty future will face resistance at 6180 and 6240 levels. We recommend buying at lower levels till it hold above 6050 levels support for nifty future is at 6050/5980 levels and has resistance at 6180/6240 levels.

Free Intraday Trading Calls for Tuesday 16th November (Tomorrow)

 

Technical View on Bank nifty Futures for Tomorrow 16th Nov.

Bank nifty future as expected was holding above the 12500 levels and closed near the days high near 12790 levels. Bank nifty future will face resistance at 12920 and 13050 levels. We recommend buying at lower levels till it hold above 12500 levels. Support for bank nifty future is at 12650/12500 levels and has resistance at 12920/13050 levels.

Free Stock Market Trading Calls 19 Nov.

Free stocks or share market trading calls to trade in Indian stock exchanges (NSE, BSE) here. Also read technical view on nse-nifty, global market review and news.

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Friday November 19 Calls

Intraday Calls for Tomorrow

Buy Indian oil corporation (IOC) at/above: 400 Targets: 404.81 - 409.85 Stoploss : 395.01 more tips @ http://goo.gl/nB1oO

Buy Sterlite Technologies at/above: 83.26 Targets: 85.51 - 87.84 Stoploss : 81

Sell Axis Bank at/below: 1425.06 Targets: 1416.34 - 1406.95 - 1397.58 - 1388.25 Stoploss : 1434.51

Mid-Term to Long-Term Calls

Buy Bharti Airtel for 90 days Buy Below: 310.00 Target: 400.00 Stop loss: 298.00

Buy Grabal Alok Impex Ltd for 3 months at/above: 55.45     Target:    80.00 Stop Loss: 35.00

Free Trading Calls Thursday, 18th, November


Buy Tata Steel at/above: 606.39 Targets: 612.25 - 618.45 Stoploss : 600.25

BUY Rural Electrification Corporation Ltd. (RECLTD) at: 355-356 TARGET: 368 STOPLOSS: 349

Buy Kingfisher Airlines at/above: 76.56 Targets: 78.72 - 80.95 - 83.22 - 85.51 Stoploss : 74.39

Sell Neyveli Lignite at/below: 147.01 Targets: 144.07 - 141.08 Stoploss : 150.06

Sell Divi's Lab at/below: 695.64 Targets: 689.4 - 682.85 Stoploss : 702.25

Buy Federal Bank at Rs.463.00 Target:Rs.520 Stop-Loss: Rs.420 for 1 week

Long-Term Sure Shot Calls

Buy CONCOR above Rs 1341 Target: Rs 1500 stoploss: Rs 1270

Buy Siemens above: Rs.843 Target: Rs.900 Stoploss: Rs.821

Read Disclaimer* before investing. 

Today's Share Market Report

Indian Market:

Bears attacked on bulls and took the complete control of Dalal Street on Friday. The sell-off by foreign investors on rate hike fears in China, payment default by Dubai group and disappointing industrial production data shook the markets. The Nifty closed well below the 6100 level and the Sensex shed more than 430 points - one of the big sell-off in last few months.

The 50-share NSE Nifty closed at 6071, down 122 points and the 30-share BSE Sensex tumbled 432 points to 20156. All sectoral indices ended in red; the BSE Realty Index was the biggest loser - fell over 4.76%. Metal Index was down 3.3% and Bankex down 2.9%. Auto fell 2%.

India's Lanco Infratech, engaged in infrastructure construction, is looking to increase operating capacity of its power plants to 4,000 megawatt (MW) by March.

Global Cues:

Asian stock markets were mostly lower on Friday, with banking stocks hurting the Tokyo and Sydney bourses. Sentiment was hurt by Wall Street's drop Thursday, dragged by a plunge in Cisco System's shares and concerns over European sovereign debt. The key benchmark indices in China, Hong Kong, Indonesia, Japan,Singapore and Taiwan fell by between 0.14% to 0.84%.

U.S. stock-index futures retreated, indicating the benchmark Standard & Poor's 500 Index will extend the biggest weekly drop in three months, amid concern China may raise interest rates to curb inflation.

German economic growth slowed in the third quarter, after record expansion in the second, as the cooling global recovery crimped export demand.

Nifty Tips for Monday 15 Nov. (Next Week)

Nifty future as mentioned earlier resulted in sharp fall below the level of 6180 and has closed below 6100 levels. Nifty future may correct some more from current levels to 5980 levels if it continues to stay below 6140 levels. Support for nifty future is at 6005/5950 levels and has resistance at 6145/6200 levels. 

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Buy Andra Bank at/above: 178.89 Targets: 182.15 - 185.54 - 188.96 - 192.41 Stoploss : 175.56 more tips @ Free Trading Tips  for Monday 15th November

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Bank nifty future resulted in sharp fall below the level of 12750 and has closed below it. Bank nifty future may correct some more from current levels to 12320/12250 levels if it continues to stay below 12635 levels. Support for bank nifty future is at 12390/12250 levels and has resistance at 12635/12750 levels.

Share Market Updates

Nifty closed below the 6200 - an psychologically important level, dragged down by oil & gas, technology, realty, financial, capital goods, telecom and FMCG companies' shares, ahead of G-20 meet today. Even the index tested 6180 - a key support level in last one hour of trade.

Car sales in India rose an annual 38 percent in October to record levels, as festive season demand combined with the rapidly expanding economy to pull buyers into showrooms.

Food inflation is caused by shortage of food and supply. In the medium term, we need to ensure that supply is increased through higher production to curb inflation," Rangarajan said.

Global Share Market Update

Most Asian markets rose on Thursday, after Wall Street managed slight gains after improving economic data. The key benchmark indices in China, Hong Kong, Japan,Singapore and Taiwan rose by between 0.06% to 0.84%. But, key benchmark indices in Indonesia and South Korea fell by between 0.09% to 0.47%.

The Dow Jones industrial average rose 0.1% to close at 11,357.04, recovering from losses earlier in the day, while the Standard & Poor's 500 index added 0.4% to 1,218.71.Stocks were checked by concerns of a backlash over the U.S. Federal Reserve's plan to lower interest rates.

Chinese inflation sped to a 25-month high in October and bank lending blew past expectations, highlighting the challenge faced by Beijing as it battles to keep a lid on price pressures.

Nifty Futures Trend for 12th November

Nifty future as expected resulted in sharp fall below the level of 6260 and has closed below it. Nifty future may correct some more from current levels to 6180 levels if it continues to stay below 6260 levels. Support for nifty future is at 6180/6130 levels and has resistance at 6295/6340 levels. 

Bank nifty future as expected resulted in sharp fall below the level of 13000 and has closed below it. Bank nifty future may correct some more from current levels to 12730 levels if it continues to stay below 13000 levels. Support for bank nifty future is at 12750/12635 levels and has resistance at 13000/13200 levels.

Technical Outlook: GMR, Tata Motors, Honda and US stocks

Indian Market:

Equity benchmarks lost some yesterday's gains and closed with modest losses on Wednesday, led by fall in financial, capital goods, FMCG, healthcare, telecom and metal companies' shares.

GMR Infrastructure Ltd., controlled by Indian billionaire G.M. Rao, said second-quarter profit rose 33 percent after flights started operating from a new airport terminal and a barge-mounted power plant began generation.

Tata Motors (TATAMOTORS.BO : 1302.15 +31.6) said it will be recalling some of its small car Nano to install safety measures to prevent the vehicle catching fire.

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Global Cues:

Asian stock markets were mostly higher on Wednesday, despite a decline overnight in New York as U.S. investors shifted to commodities. The key benchmark indices in Indonesia, Japan, South Korea and Taiwan rose by between 0.2% to 1.17%. But, the key benchmark indices inSingapore, China and Hong Kong fell by between 0.69% to 0.95%.

U.S. stocks fell, dragging benchmark gauges to the biggest decline in three weeks, as financial and raw materials companies wiped out an early advance led by energy producers as commodities extended a rally to a 25-month high.

Honda on Tuesday announced plans to exhibit the world premiere of a prototype of the new small-sized vehicle which is scheduled to be introduced in India and Thailand in 2011.

Daily stock market (NSE-BSE) trading tips for tomorrow

Get Free stocks or share market trading tips to trade in Indian stock exchanges (NSE, BSE) here. Also read technical view on nse-nifty, global market review and news.

For premium trading tips Click Here. These premium tips are given by sms in both stocks and commodity during trading hours. Just fill the form

Intraday Tips for Monday 15 November, 2010

Buy Andra Bank at/above: 178.89 Targets: 182.15 - 185.54 - 188.96 - 192.41 Stoploss : 175.56

Sell Tata Steel at/below: 600.25 Targets: 594.43 - 588.35 - 582.3 - 576.28 Stoploss : 606.39

Buy Bharti Airtel Buy at/above: 306.25 Targets: 310.48 - 314.9 - 319.35 - 323.83 Stoploss : 301.89

Buy Transformers & Rectifiers (India) Ltd. at/above: 351.56 Targets: 356.08 - 360.81 - 365.58 - 370.37 Stoploss : 346.89

Buy Power Grid Corporation of India Ltd. at/above: 100 Targets: 102.46 - 105 - 107.58 - 110.19 Stoploss : 97.51

Mid-Term to Long Term Tips for Monday 15 November, 2010

Buy Sandur Manganese & Iron Ores for 15 days Buy Above: 1000.00 Target: 1090.00 Stop loss: 950.00

Buy Bank of Baroda for 45 days Buy Below: 1015.00 Target: 1085.00 Stop loss: 975.00

Buy Coal India at Rs. 293 for 3 months

Read Disclaimer* before investing.

Nifty and Bank Nifty Levels for 11th Nov.

Nifty future traded in a very narrow range between 6295-6332 levels. Nifty future may continue to remain in the range of 6350-6250 range until it breaks on either side. Support for nifty future is at 6260/6225 levels and has resistance at 6355/6395 levels.
     
Bank nifty future also traded in a very narrow range between 13050-13180 levels due to continued weakness in major banking stocks like SBI and ICICI bank. Support for bank nifty future is at 13000/12890 levels and has resistance at 13235/13320 levels.

Today's Market Review and Tips

Nifty ended on a positive note amid volatility. The benchmark index Sensex gained close to 100 points after a tepid start in the opening bell. Asian markets ended mixed in trade today. European markets were trading strong at this point of time. Dow Future was trading flat.

India and the United States should consider a bilateral economic partnership agreement, Trade Minister Anand Sharma said on Tuesday.

Southeast Asian economies need to shift towards less expansionary fiscal and monetary policies as they recover from the global economic downturn, the Organisation for Economic Cooperation and Development (OECD) said in a report published on Tuesday.

Global Cues:

Asian stocks dropped Tuesday as markets pulled back from a rally that has driven some of the region's benchmarks to record highs. He key benchmark indices in China, Hong Kong, Japan, South Korea and Singapore fell by between 0.04% to 1.02%. But, the key benchmark indices in Indonesia and Taiwan rose by between 0.04% to 0.16%.

European stocks climbed, sending the Stoxx Europe 600 Index to a two-year high, after companies from Vodafone Group Plc to Adecco SA announced earnings that beat analysts estimates. U.S. futures and Asian shares declined.

The euro extended its losses on Tuesday on renewed concerns about high sovereign debt in the euro zone, providing further respite for the dollar and prompting some profit-taking in stocks.

NSE Nifty for 10th November with support & resistance

Technical View on Nifty Futures for Tomorrow

Nifty future opened flat near 6300 levels and as expected came down in the first half of the session, made a low of 6261.55, but later recovered and closed near the days high. 

Support for nifty future is at 6260/6225 levels and has resistance at 6355/6395 levels. 
     

Technical View on Bank Nifty Futures for 10th Nov.

Bank nifty future opened with a gap down due to sharp fall in SBI due to lower than expected quaterly results. Bank nifty future may remain in the range of 13000 - 13350 levels. 

Support for bank nifty future is at 13000/12890 levels and has resistance at 13320/13390 levels.

Indian Share Market outlook and Review

Indian Market:

Indian shares provisionally closed lower on Monday, led by losses in financials, on profit booking by traders after stocks rose close to a record high early.

President Barack Obama on Monday said the United States has agreed to remove India from an entities list that restricted trade.

U.S. Treasury Secretary Timothy F. Geithner said India is demonstrating economic dynamism that comes from promoting internal growth while allowing currency flexibility, even as he reiterated the need for key emerging economies to move to market-determined exchange rates.

Global Cues:

U.S. Treasury Secretary Timothy F. Geithner refrained from pushing for current-account targets and China hailed the potential effect of Federal Reserve easing at a finance ministers' meeting days before the Group of 20 summit.

Asian stocks rose, with the regional benchmark index climbing for a sixth day, as exporters advanced after the U.S. added more jobs than forecast. Financial companies declined amid renewed uncertainty about Greece and Ireland's sovereign debt problems.

Leading economies should consider readopting a modified global gold standard to guide currency movements, said World Bank president Robert Zoellick.

Nifty future tips Tue. 09th Nov.

Nifty future opened with a gap up near 6340-6350 levels but could not sustain at higher levels and has closed near 6300. Now on the upside 6340-6350 will act as a major hurdle and support at 6265 and 6225 levels. For the next trading session we recommend selling on higher levels with strict stop loss of 6355 levels.

RESISTANCE: IT HAS FIRST RESISTANCE CLOSE TO THE LEVEL OF 6350 & AFTER IT MAY FACE THE NEXT RESISTANCE CLOSE TO THE LEVEL OF 6400.

SUPPORT: IT HAS FIRST SUPPORT CLOSE TO THE LEVEL OF 6265 & AFTER IT MAY GET THE NEXT SUPPORT CLOSE TO THE LEVEL OF 6225.

Bank Nifty Futures Resistance, Support zone for Tomorrow

Bank nifty future opened with a gap up near 13300-13325 levels but could not sustain at higher levels and has closed near 13150. Now on the upside 13320 will act as a major hurdle and support at 13080 and 12980 levels. For the next trading session we recommend selling on higher levels with strict stop loss of 13350 levels.

RESISTANCE: IT HAS FIRST RESISTANCE CLOSE TO THE LEVEL OF 13300 & AFTER IT MAY FACE THE NEXT RESISTANCE CLOSE TO THE LEVEL OF 13325.

SUPPORT: IT HAS FIRST SUPPORT CLOSE TO THE LEVEL OF 13080 & AFTER IT MAY GET THE NEXT SUPPORT CLOSE TO THE LEVEL OF 12980.

Weekly Market Review and Tips

Indian Market:

30-share BSE Sensex extended gains and was trading near 3-week highs on the back of consistent buying in heavyweights. Positive global cues post FOMC meet and excess money in Coal India IPO returned to investors account helped the Nifty to inch up towards 6300 level.

Coal India Ltd. climbed as much as 39 percent on its first trading day, heading for the best debut by a state-run company this year after investors bid for 15 times the shares offered in the country's largest initial public sale

All options are on the table to control capital flows but India right now is not in favour of direct controls, the Finance Ministry's chief economic adviser said on Thursday.

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Global Cues:

Asian stock markets rose Thursday as investors took heart from the Federal Reserve's plan to buy $600 billion in government bonds in an effort to inject life into the faltering US economy. The key benchmark indices in China, Hong Kong, Indonesia, Japan, South Korea, Singapore and Taiwan rose by between 0.35% to 2.24%

The Federal Reserve launched a fresh effort to support a struggling U.S. economy on Wednesday, committing to buy $600 billion in government bonds despite concerns the program could do more harm than good.

The Bank of Japan, which meets on Thursday and Friday, is also poised to launch a new round of bond buying. The European Central Bank and Bank of England also meet on Thursday, 4 November 2010, but are expected to leave policy on hold

Nifty, Bank Nifty Futures Levels for Thu., 04th Nov.

Nifty future moved in a narrow range between 6214 to 6175 levels. It closed above its previous resistance at 6180 and now may continue to move upwards to 6250 levels. Support for nifty future is at 6128/6104 levels and resistance is at 6250/6280 levels.

Bank nifty future moved in the range of 12875 to 12995 levels. It closed above its previous resistance at 12900 and now may continue to move upwards to 13150 levels. Support for bank nifty future is at 12860/12750 levels and resistance is at 13150/13250 levels.

Market News: Videocon, Punj Lloyd, RBI

Videocon Industries is reportedly set to enter financial services sector by forming a non-life insurance joint venture with Boston-based Liberty Mutual Group. Videocon will hold 74% stake in the venture.

Net profit of Punj Lloyd declined 97.02% to Rs 1.25 crore on 44.25% decline in net sales to Rs 1032.29 crore in the quarter ended September 2010 over the quarter ended September 2009.

The rupee edged higher on Tuesday as the dollar's losses versus major units offset demand related to Coal India's over-subscription refund.
 

D Subbarao governor of the Reserve Bank of India on Tuesday announced a hike of 25 basis points in the repo and reverse repo rates, respectively, in the mid-year review of its credit policy. The cash reserve ratio (CRR), as expected, has been left untouched at 6%.

The RBI had cautioned on Monday that inflation was still above its comfort level, adding to expectations that it will raise interest rates for the sixth time this year at the review.

The yen fell against its higher- yielding counterparts after Australia's central bank unexpectedly raised interest rates and a report showed wages in New Zealand increased.

Oil rose for a second day to trade near a two-week high before a government report forecast to show that U.S. supplies of diesel and heating oil are at their lowest level since July.

Indian and Global Stock Market Review

Equity benchmarks closed rangebound session on a flat note and shrugged off key rates hike by the Reserve Bank of India (RBI). The consolidation was imminent today after a steep rally on Monday. the realty companies' shares have seen sharp cut on expectations that banks may hike home loan rates.

30-share BSE Sensex closed at 20,345.69, down 9.94 points while the 50-share NSE Nifty rose just 1.45 points to 6,119. The Nifty November futures ended at 30 points premium, as per provisional data.

India is unlikely to alter its nuclear law to shield General Electric Co. and other U.S. equipment suppliers from accident claims, derailing hopes of deals during President Barack Obama's visit starting Nov. 6.

Global Market Cues:

Most Asian shares declined on Tuesday as the yen traded near a 15-year high before policy meetings this week by the US Federal Reserve and Bank of Japan. The key benchmark indices in China, Indonesia, Hong Kong, Japan, Taiwan and South Korea fell between 0.10% and 0.39%. But, Singapore's Straits Times index rose 0.36%.

European stocks fluctuated as investors waited to see how much the Federal Reserve is willing to support the economic recovery as the central bank's meeting starts today. U.S. futures and Asian shares rose.

Growth in China and India powered ahead last month, providing welcome support for the global economy at a time of sluggishness in the United States and most of Europe and a faltering in Japan's recovery.

Technical Outlook on Nifty for 03rd Nov. Wed.

Nifty future moved in a narrow range between 6128 to 6174 levels. Nifty future may continue to remain in this range of 6050-6200 until it breaks on either side. Support for nifty future is at 6105/6065 levels and resistance is at 6180/6250 levels.

Bank Nifty Tips for Tomorrow

Bank nifty is moving under a consolidation phase but its over all trend is bullish. Bank nifty is managing 12900 level. If it sustain above this level we can see some up move from here, resistance for bank nifty is at 13130/13250 and support at 12600/12445. One should take long position in bank nifty above 12900 with target of 12930/12960.

Indian and Global Share Market analysis

Equity benchmarks started November on a strong note led by banks, telecom, realty and capital goods ahead of credit policy tomorrow. The Sensex added more than 300 points and the Nifty successfully settled above the 6100 mark. Overall it was a good start for the week ahead of major events domestically as well as internationally.

Inflation in India is a matter of concern, but is expected to moderate to acceptable levels, Finance Minister Pranab Mukherjee said on Monday.

Sun Pharmaceutical Industries Ltd., the nation's biggest drugmaker by market value, gained to a record after its profit climbed 12 percent on higher demand for generic medicineses.

Global Markets:

Asian shares edged higher on Monday on strong manufacturing data from China. The key benchmark indices in China, Hong Kong, Singapore, Taiwan, South Korea, and Indonesia rose between 0.36% and 1.79%. But, Japan's Nikkei 225 index fell 0.18% as the yen's strength weighed on exporters.

U.S. stock-index futures climbed, with the Standard & Poor's (S&P) 500 Index poised to continue last month's rally, after a report showed Chinese manufacturing expanded at the fastest pace in six months.

The US gross domestic product grew at an annual rate of 2% in the third quarter, up from 1.7% the previous quarter. Consumer spending increased 2.6% in the third quarter, accelerating from a 2.2% rise in the second.