Share Market Trend For Tomorrow : 3rd Aug '11

The market Strat with the bullish trend of last trading session but can't haold the same position and change its side and stay down till the end of today's trading session. Today Sensex closed at 18,109.89 with -204.44 down points or down by -1.12%. And the Nifty closed at 5456.55 with -60.25 negative points or down by 0.82%.

In Nifty technically the market is in a typically sideways zone with 5380 as a strong support zone to work with and 5520 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the Resistance level of 5520 else below the Support level of 5380 it would be down trend.

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Intraday stock tips for tomorrow 29 july

Most Active stock:
BUY TCS above 1132
Target:T1:1143 , T2:1153
Stoploss: 1121

BUY ITC above 207
Target:T1:209 , T2:210.50
Stoploss: 205

SELL Reliance Comm. below 99.00
Target:T1: 97.90, T2:97.00
Stoploss:100.10

Intraday stock tips for tomorrow 20 july

BUY TCS above 1145.00
Target:T1: 1152.00, T2:1157.00
Stoploss: 1135.00

BUY SUZLON Energy above 51.20
Target:T1: 51.75, T2:52.25
Stoploss: 50.25

SELL HDFC Bank below 509.50
Target:T1: 506.20, T2:504.50
Stoploss: 514.00

Intraday trading tips for Monday

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BUY TCS above 1193.10
Target:T1: 1199.50, T2:1204.30
Stoploss: 1183.00

BUY DLF above 221
Target:T1: 223.00, T2:224.30
Stoploss: 218.00

Future trading tips

SELL HDFC Future below 2500 (July 2011)
Target:T1: 2488, T2:2475
Stoploss:2522.50

Option strategies
On the call options front addition of open interest was witnessed in
last trading session at strike price of 5600 and 5700.
On the put options front we have seen addition of open interest in
last trading session at strike price of 5500 to 5400.

Market Weekly performance and market review

Weekly performance
Both the benchmark indices - Sensex and Nifty - ended the week with gains of 3% each. And BSE Midcap gain 3.4% and BSE Smallcap indices gained 3.8%.

Market review
Today's market good for trade finally closed nagetive node. both NSC and BSC benchmark indices finally ended the session in the red territory. NSE Nifty ended at 5627.20 up by 20.2 points or 0.36% from the previous close, while the BSE Sensex closed at 18762.80, up 83.07points or 0.44%.
The opening with market register it's day high nifty at 5705.80 and sensex at 19031.38 and end of the day low nifty at 5609.75 sensex at 18713.07
F & O Nifty closed at 5632.85 up 22.55 points or 0.4% from the previous close. Intraday high 5700.20 and day low 5616.25 for current month.
BSE Midcap index gained 0.69% while BSE Smallcap ended up 0.83%.

Market Diesel Costs
The government’s June 24 decision to increase diesel tariffs for the first time in a year will spur living costs, Goldman said June 27 as it raised India’s inflation forecast to 8.6% for the year ending March 31 from an earlier estimate of 8.1%.
Policy makers allowed state-run refiners including Indian Oil Corp. to increase diesel costs by Rs 3 (7 cents) a liter, kerosene by Rs 2 a liter and cooking gas by Rs 50 for every 14.2 kilogram bottle. The decision was aimed at reducing government subsidies and help limit losses at companies selling fuels below cost.
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Nifty Technical levels for tomorrow 1 July

Today's market good for trade finally closed positive node. both NSC and BSC benchmark indices finally ended the session in the green territory. NSE Nifty ended at 5647.40 up by 46.95 points or 0.84% from the previous close, while the BSE Sensex closed at 18845.87, up 152.01 points or 0.81%.
The opening with market register it's day high nifty at 5657 and sensex at 18873 and end of the day low nifty at 5606 sensex at 18723
F & O Nifty closed at 5647.80 up 43.7 points or 0.78% from the previous close. Intraday high 5653.80 and day low 5603.55 for current month.

Important Nifty future Levels:
Support : If first support touch to the level of 5620 and below this level support the 5535 points.
Resistance : If first resistance touch to the level of 5675 and above this level resistance near the 5700 points.

Important level for Bank nifty
Resistance : If first resistance touch to the level of 11270 and above this level resistance near the 11650 points.
Support : If first support touch to the level of 11090 and below this level support the 10810 point.

Intraday tips and market trend for tomorrow (23 june)

Today Market vary volatile for traders. NSC benchmark indices finally ended the session in the green territory and BSC benchmark indices closed red territory. NSE Nifty ended at 5278.30 up by 2.45 points or 0.05% from the previous close, while the BSE Sensex closed at 17550.63, down 9.67 points or 0.06%.
The opening with market register it's day high nifty at 5377.40 and sensex at 17925.17 and end of the day low nifty at 5195.90 sensex at 17314.38
F & O Nifty closed at 5283.00 up 5.15 points or 0.1% from the previous close. Intraday high 5312.00 and day low 5267.80 for current month.

Stock tips for tomorrow:

BUY LIC Housing above 218
Target:T1: 219.40, T2:220.50
Stoploss: 216.00

BUY SUN Pharma above 89.10
Target:T1: 90.00, T2:90.60
Stoploss:88.00

BUY ACC Ltd. above 961.10
Target:T1: 967.30, T2:971.70
Stoploss:953.00

Nifty Outlook for tomorrow 17 june

Today Market vary volatile for traders finally market closed nageitive node. Both benchmark indices finally ended the session in the red territory. NSE Nifty ended at 5396.75 down by 50.75 points or 0.93% from the previous close, while the BSE Sensex closed at 17985.88, down 146.36 points or 0.81%.
The opening with market register it's day high nifty at 5447.50 and sensex at 18155.10 and end of the day low nifty at 5389.80 sensex at 17958.94
F & O Nifty closed at 5409.00 down 41.6 points or 0.76% from the previous close. Intraday high 5450.60 and day low 5392.60 for current month.

Important Nifty future Levels for Tomorrow:
Resistance : If first resistance touch to the level of 5470 and above this level resistance near the 5550 points.
Support : If first support touch to the level of 5355 and below this level support the 5245 points.

Important level for Bank nifty
Resistance : If first resistance touch to the level of 10755 and above this level resistance near the 10990 points.
Support : If first support touch to the level of 10510 and below this level support the 10340 point.

Stock Market Outlook and Review

Indian Market:

Equity benchmarks were consistently trading lower - the Sensex lost around 150 points amid volatility. Downtrend in financial, auto and realty companies' shares were on sellers' radar on the back of news that RBI may increase interest rates in a policy meet scheduled by end of January.

30-share BSE Sensex was trading at 20,180, with loss of 120 points and the 50-share NSE Nifty fell 32 points to 6,047. Breadth was also in favour of declines; about 301 shares advanced as against 992 shares declined on Bombay Stock Exchange.

Reliance Industries today said it has allotted 2.86 lakh shares, currently worth about Rs 30.81 crore, to company workers under its Employees Stock Option Scheme (ESOS).

Fuel exports from India's west coast climbed 57 percent in December as Reliance Industries Ltd. boosted shipments from the world's largest refining complex to the U.S., Africa and the United Arab Emirates.

Global Cues:

Asian stocks edged higher today, 6 January 2011, as a stronger dollar boosted earnings prospects for exporters and reports in the US signaled a broadening of the economic recovery. The key benchmark indices in Singapore, China, Japan, South Korea and Taiwan rose by between 0.03% to 1.17%.

US stocks gained on Wednesday, 5 January 2011, on encouraging data from the labor market and service sector pointed to a firming economic recovery. The Dow Jones Industrial Average added 31.71 points, or 0.27%, at 11722.89.

Record high food prices are moving to the top of the agenda for many Asian policymakers as the prospect of higher inflation in 2011 poses a major threat to the region's strong revival from the global financial crisis.

China has been increasing its holdings of European government debt, including that issued by Spain, vice commerce minister Gao Hucheng was quoted as saying on Thursday.

Equity Market Review

Indian Market:

Equity benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares. The benchmark Nifty slipped below 6100-mark in second half of trade, especially after a fall in global markets.

Bank index was at 12,807.76, down by 313.36 points or by 2.39%.Realty index was at 2,773.93, down by 64.61 points or by 2.28%. Auto index was at 9,970.03, down by 192.21 points or by 1.89%and FMCG index was at 3,763.42, up by 7.70 points or by 0.21%.

Infrastructure Development Finance Company said on Wednesday it will open sale of tax-free infrastructure bonds with a face value of Rs 5,000 each on January 17, raising upto Rs 2929 crore for the firm.

Gujarat NRE Coke sees demand for coking coal from its Australian unit 'rising substantially' after floods there hit supplies to Asian steelmakers.

Free Stock Tips for Tomorrow 06th Jan. 

Global Cues:

Asian shares edge lower on Wednesday, 5 January 2011, as investors reigned in the solid New Year momentum that fueled markets the previous day. The key benchmark indices in China, Indonesia, Japan, Singapore, South Korea and Taiwan fell by between 0.04% to 0.7%. Hong Kong's Hang Seng was flat.

European shares ticked lower in early trade on Wednesday after strong gains in the previous two sessions, with weaker chemical shares outpacing a rise in telecommunications stocks.

China will let the yuan rise about 5 percent against the dollar in 2011 to combat inflation, an official newspaper said on Wednesday, while a former central bank adviser said the country needs to free up the currency.

Portugal will pay almost twice as much to sell six-month paper on Wednesday as it did in September, keeping the country at the sharp end of persistent market concerns about euro zone debt.

Share Market Review Today

Indian Market:

Nifty snapped four-day winning streak on Tuesday and closed the rangebound session with moderate losses; it saw consolidation around 6150 level. The sell-off in financial, telecom, capital goods, auto and realty companies' shares weighed on markets.

30-share BSE Sensex closed at 20,498.72, with loss of 62.33 points and the 50-share NSE Nifty fell 11.25 points to settle at 6,146.35. Even the Nifty January futures' premium trimmed to 12 points from earlier 20-25 points.

Bank index was at 13,121.12, down by 333.16 points or by 2.48%. Realty index was at 2,838.54, down by 32.05 points or by 1.12%. Consumer Durables index was at 6,416.70, down by 37.94 points or by 0.59%, FMCG index was at 3,755.72, up by 62.69 points or by 1.70%

GAIL (India) has reportedly entered into an agreement with Oil and Natural Gas Corporation (ONGC), under which it will exclusively purchase and market the natural gas produced from the latter's various fields during the next three years

Global Cues:

Asian markets rose for the second straight trading day of the New Year on Tuesday, 4 January 2011 buoyed as global shares resumed their rally on stronger global manufacturing data. The key benchmark indices in China, Hong Kong, Indonesia, Japan, South Korea, Singapore and Taiwan rose by between 0.12% to 1.42%.

European stocks climbed, extending the Stoxx Europe 600 Index's biggest advance in almost two weeks as mining shares rallied. Asian stocks also advanced, while U.S. futures were little changed.

U.S. stocks greeted the new year with a rally on Monday as encouraging signs about the outlook for manufacturing around the world prompted investors to inject new money into the market.

U.S. manufacturing grew at its fastest pace in seven months in December, extending a recent run of encouraging economic data and suggesting that expansion of the world's biggest economy will accelerate in 2011

Intraday Stock Market Review

Indian Market:

Sensex was trying to hold 100 points gains on the back of consistent buying in metal, financial, realty, Anil Dhirubhai Ambani Group (ADAG), capital goods, healthcare and auto companies' shares.

Bank index was at 13,482.66, up by 477.19 points or by 3.67%. Consumer Durables index was at 6,413.01, up by 293.59 points or by 4.80%, Metal index was at 17,927.28, up by 867.40 points or by 5.08%.

There has been no disruption in the sale and exports of oil to India in recent days," said Ahmad Qalebani, the head of state National Iranian Oil Company (NIOC).

Global Cues:

Asian stock markets opened higher on the first trading day of the New Year amid signs China's efforts to cool its economy are working and ahead of a report this week that is expected to show the labor market improving in the world's biggest economy. The key benchmark indices in Hong Kong, Indonesia, Singapore, South Korea and Taiwan rose by between 0.38% to 1.11%. Mainland Chinese markets were closed for a holiday.

China's inflation may cool after manufacturing growth slowed in December because of a tighter monetary policy and the closure of energy-wasting and highly polluting factories.

Foreign investors overwhelmingly ranked the US commercial real estate market as their No 1 choice for investment this year and viewed it as the best opportunity for price appreciation, according to a survey of foreign real estate investors.

Stock Market Updates

Indian Market:

The Nifty settled above 6050 level for first time since November 15, 2010 and the Sensex added more than 200 points on Wednesday after a big period consolidation.

The FMCG index was at 3,651.12, up by 76.70 points or by 2.15%,Consumer Durables index was at 6,233.17, up by 113.75 points or by 1.86%. The Metal index was at 17,348.57, up by 288.69 points or by 1.69%.and Oil & Gas index was at 10,559.45, down by 48.43 points or by 0.46%.

Citi India is investigating a fraud by one of its Gurgaon branch employee who has allegedly siphoned off around Rs 350 crore from various HNI clients.

Global Cues:

Asian stock markets drifted in a narrow range Wednesday, 29 December 2010 and their gains were limited on disappointing U.S. economic data. The key benchmark indices in Hong Kong, Indonesia, Japan, Singapore and South Korea rose by between 0.17% to 0.57%. But the key benchmark indices in Taiwan and China fell by between 0.09% to 0.19%.

US markets rose in light trading on Tuesday, 2 December 2010 extending December's rally, as cold weather in the Northeast lifted oil prices and energy shares.

U.S. consumer confidence unexpectedly deteriorated in December, while prices of single-family homes fell almost double the expected pace in October.

Stock Market Review and Outlook

Indian Market:

Nifty closed tad below 6000 level, after struggling around same level. Weak global cues weighed on markets in second half of trade,AND closed the session with moderate losses after witnessing a consolidation, led by sell-off in metal, telecom.

Ravi Kumar Distilleries will debut on the bourses today, 27 December 2010. The company had priced its initial public offer (IPO) at Rs 64 each, the top end of the Rs 56-64 price band. The IPO was subscribed 2.22 times.

GMR Infrastructure's subsidiary GMR SEZ & Port Holdings has entered into a share subscription and shareholders agreement to subscribe to 51% of the equity share capital of Kakinada SEZ Private (KSPL). KSPL is in the business of developing port based multi product Special Economic Zone at Kakinada, Andhra Pradesh.

Global Cues:

Asian Markets edged higher on Monday even after China's central bank raised interest rates over the weekend in a bid to rein in soaring inflation. China's key stock index Shanghai Composite jumped 1.31% on Monday after the People's Bank of China announced a benchmark interest rate rise over the weekend, the second such increase in two months. The central bank raised official lending and deposit rates by 25 basis points on Christmas Day.

US index futures indicated that the Dow could fall 44 points at the opening bell on Monday, 27 December 2010. US stock markets were closed on Friday, 24 December 2010.

China's inflation jumped to 5.1% in November -- a 28-month high -- despite a crackdown on speculation and repeated moves to curb a flood of money circulating in the economy from massive stimulus spending and bank lending.

Equity Market Review, Reports: SBI, TCS, Asian Shares and US Stocks

Indian Market:

Equity benchmarks slipped into red in last one and half hours of trade and closed with modest losses.

State Bank of India (SBI) reportedly plans to acquire a second bank in Indonesia and hopes to get 25% of its revenues from its overseas operations in the next three years. In 2006, SBI had acquired Indonesianbank PT Bank Indomonex.

Tata Consultancy Services (TCS) on Wednesday said it has entered into a multi-year agreement to accelerate hospitality firm Hilton Worldwide's technology strategy as part of the ''Hilton Worldwide Innovation Collaborative'' initiative.

Global Cues:

Most Asian shares rose on Wednesday, 22 December 2010 after a $6.3 billion banking deal sent Wall Street to new two-year high overnight. The key benchmark indices in China, Hong Kong, Japan, South Korea, Singapore and Taiwan were up by between 0.04% to 0.46%. But, Indonesia's Jakarta Composite fell 0.05%.

US stocks rose on Tuesday, 21 December 2010, as a big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank said on Tuesday it agreed to buy Chrysler Financial, which is owned by Cerberus Capital Management L.P., for about $6.3 billion in cash.

Japan said its exports in November rose 9.1% from a year earlier. It was the 12th consecutive monthly growth.

Stock Market Review and Updates 22nd Dec. Wed.

Indian Market:

Nifty closed above the 6,000 - a psychologically important level - for the first time in last 12 sessions, led by financial, metal, realty and select infrastructure companies' shares. The Sensex has seen 20,000 mark today at close for first time in last 24 sessions.

Lanco Infratech Ltd., an Indian energy and infrastructure firm that agreed to buy Australia's Griffin Coal Mining Co., aims to purchase more overseas assets as it seeks to boost power capacity sevenfold by 2015.

Russia and India agreed on Tuesday a long-awaited contract to jointly develop fifth generation fighter aircraft and signed a deal to expand capacity at an Indian nuclear power plant.

Free NSE Tips for 22nd Dec. Wed.

Global Cues:

Asian stocks rose as risk appetite improved after tensions eased on the Korean peninsula and on broad overnight gains on Wall Street. The key benchmark indices in Hong Kong, China, Japan, South Korea, Singapore, Taiwan, Malaysia and Indonesia were up by 0.12% to 0.89%.

European stocks climbed, extending a two-year high as China said it took concrete action to help Europe limit its sovereign-debt crisis. U.S. index futures and Asian shares rallied.

Moody's Investor Service warned on Tuesday it may downgrade debt-ridden Portugal's A1 rating by one or two notches after a review that will take up to three months, citing weak growth prospects and high borrowing costs.

Stock Market Update

Indian Market:

Sensex ended trade on a strong note ahead of a long weekend. After a disastrous fall last week, the Nifty recovered nearly 200 points to end near 5950 level this week. The rally was fueled by RBI's monetary policy, which come out today. The Central Bank kept key policy rates unchanged, which helped boost sentiment of traders and investors in the markets.

BSE IT index was the top gainer in trade today with close to 3% gain. Rate sensitive's like realty, banks and metal stocks too surged in trade post credit policy. All BSE sectoral indices ended in green barring capital goods.

The state government of Uttar Pradesh has reportedly signed agreements with Bajaj Hindusthan and Parekh Aluminex to set up power generation projects with a total capacity of 2,230 megawatt.

Global Cues:

Asian stock markets posted muted gains Thursday, 16 December 2010, amid concerns about Europe's sovereign debt problems. The key benchmark indices in South Korea, Indonesia and Hong Kong fell by between 0.03% to 1.52%. The key benchmark indices in China, Japan, Singapore and Taiwan rose by between 0.02% to 0.34%.

U.S. stocks fell, dragging the Standard & Poor's 500 Index down from a two-year high, after a six-day rally left the benchmark gauge trading at its most expensive level since June and a surge in bond yields fueled concern that borrowing costs will increase.

Ratings agency Moody's warned Spain on Wednesday that its debt could be downgraded and Portugal took steps to revive its economy amid concerns about euro zone debt contagion on the eve of a European Union summit.

Today's Stock Market Report

Indian Market:

Nifty ended on a positive note after weak start in the opening bell. The pullback rally which started on Friday further gained strength today. The Nifty is now slowly inching towards 6000 mark after testing lows of 5740 on Friday.

Food inflation slowed to 9.41 percent from 14.1 percent in October. Food prices, which make up 14.34 percent of the index.

India's government may buy more bonds from the market to ease the worst cash crunch in 10 years.

Global Cues:

Asian stocks eked out small gains Tuesday, 14 December 2010 as investors digested news that President Barack Obama's tax-cut package had gained enough votes in the Senate. The key benchmark indices in Hong Kong, Indonesia, Japan, South Korea and Taiwan rose by between 0.01% to 0.29%. The key benchmark indices in China and Singapore fell 0.09% and 0.12% respectively.

U.S. stocks erased gains in the final hour of trading as the Senate started to vote on President Barack Obama's tax-cut agreement with Republicans and investors turned their attention to the Federal Reserve meeting .

Japan's industrial output fell 2.0 percent in October, revised data showed on Tuesday, down for the fifth straight month due to cooling overseas demand.

Also see: Today Share Market

NSE Nifty Closed on a strong note today and other stock market review

Indian Market:

Nifty closed the day on a strong note. The pullback rally which started on Friday further gained momentum today and recovered nearly 200 points in last 2 trading sessions. It seems that Nifty has found a good support around 5700 mark at the moment.

HCL Technologies Ltd said on Friday it has signed a multi-year deal with Brazil's second biggest fashion retailer Lojas Renner to support Oracle systems at the latter's stores.

South Korea's GS Global Corp plans to invest USD 5 million in India's Steel Strips Wheels, less than a month after the Indian firm sold some stake to Japan's Sumitomo Metal Industries a top official at Steel Strips said.
 

Global Cues:

Asian stocks rose on Monday, 13 December 2010, as investors took in their stride China's latest attempt to cool inflation and fresh vows to tackle price pressure, while upbeat US economic data helped shore up the dollar. The key benchmark indices in Hong Kong, Japan, South Korea and Taiwan rose by between 0.13% to 1%. But, the key benchmark indices in Indonesia and South Korea fell by between 0.03% to 0.43%.

U.K. stocks advanced for a third day after China refrained from raising interest rates even as inflation surged at the fastest pace in more than two years.

Euro zone countries must consolidate public finances even though this is likely to dampen economic growth in the near term, the Organisation for Economic Cooperation and Development (OECD) said on Monday.

Stock Market Review for Traders

Indian Market:

Benchmark Nifty has fallen for fourth consecutive day and shed more than 100 points in four days; it slipped below 5900 - psychologically important level - during the day but managed to claw back above that level at close. Financials took beating for third straight day today on likely margin squeeze post hike in deposit rates by banks.

Dr Reddy's Laboratories is reportedly in the process of closing its operations in the United Arab Emirates (UAE) and hand over them to GlaxSmithKline as the Indian drugmaker is finding it difficult to sell products in the UAE due to a limited product range.

Akzo Nobel India, Berger Paints India and Shalimar Paints have reportedly increased prices by 2.5% across brands on surging raw material costs.

Stock Picks 09th Dec. Thu.

Global Cues:

Asian stocks fell by the most in two weeks on speculation China will raise interest rates to help stem inflation in the world's fastest growing major economy, curbing demand for commodities.

US stocks eked out a small gain on Tuesday , 7 December 2010, as investors' enthusiasm over a tax cut extension deal was short-circuited by rising bond yields and reports regulators were stepping up an insider-trading probe.

U.S. government bonds extended sharp losses on Wednesday over U.S. tax proposals, boosting the appeal of the dollar as yields.