News Updates

• Today’s market calls Click Here
• The Sensex closed with a solid gain of 490 points  (4.2 % ) at 12,173 after opening with 58 point loss
• Results Today: Lupin, Balaji Tele,Geojit Finance, Hind Motors, JK Lakshmi Cement
• Crude Oil prices zoomed to $60 a barrel first time after november 2008  on optimism that the recession is OVER
• Sterling Hospitals become the first hospital to get the accredition of National Accreditation Board for Hospitals and healthcare providers(NABH) in the state – BS
• Industrial production declined 2.3% in March 2009 compared to a rise of 5.5% during the corresponding month 2008
• GMR Infrastructure Ltd planning to setup a 2000 Mega Watt thermal power plant near a a port on west coast
• Tata Teleservices slips 1.5% on higher losses
• Microsoft, which has announced cutting 5,000 jobs including 55 in India, may look at more layoffs if the economic downturn dramatically worsens again – BS
• The government may issue Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) Rs 10,300 crore worth of oil bonds this week to compensate last fiscal losses
• European recession to last well into 2010: IMF
• Steel workers have attacked ArcelorMittal’s Luxembourg headquarters – ET
• The Department of Telecom (DoT) will appoint special auditors to verify the revenue figures of Bharti Airtel, Vodafone Essar, Idea Cellular and Tata’s telecom

Today’s Trading Calls

• As per my prediction, Markets were opened with 60 point down gap and then moved in GREEN with huge volumes. Market finally ended 4.2% up with heavy buying interest.
• Market buying interest will be continue today but due to world markets we may see some pressure and at the end of the day we will see some selling pressure in market
• Watch out for Oil stocks today: Aban offshore, Shiv-vani oil, GAIL, Cairn, Essar Oil etc..
• Nifty may go upto 3750 and then we will see reverse move till 3300 in this month. So don’t be trapped in operator’s game. So don’t try to go lond above 3750.
• Nifty Levels: Current-3681, Support: 3650, 3618, 3595 Resistance: 3695, 3720, 3750
• Buy Aban Offshore: Target 469, 475, 480  Stop Loss 458
• Buy Cairn India: 215, 218 Stop Loss 204
• Buy GMDC: Target 69, 71 Stop Loss 64
• Buy Geojit Finance: Target  29.7, 30.5 Stop Loss 27
• Buy IOCL: Target 438, 445 Stop Loss 422
• Buy Titagruh Wagons: Short Target  225, 230 Stop Loss 206
• Buy JK Lakshmi Cement: Short Target 67, 68.5 Stop Loss 61
• Sell Sesa Goa: Target 134, 131 Stop Loss 141
• Sell Bajaj Hind: Target 106, 104 Short Target 99 Stop Loss 113
• Past Trading Calls View Here

Mid-Session Updates

• Market opened higher on global clue.
• Today 3750 will be the strongest resistance and it should close in RED today. So don’t go long in any Sensex stock
• Geojit is 7% up. Book partial Profit and keep rest for tomorrow
• Aban has touched 485 which is 5% up from my buying price. you can book profit
  
• Exit HDFC as its up move is going to end
• Risk Taking investor: Buy Rajesh Export
• 12:00 pm: Market started RED journey and we may see 300 point down move in SENSEX
• 12:05 – SENSEX 160 point down. 50 point in 5 minutes
• NIFTY is having major support @ 3610 and its not going below this. If it will break that level then we may see free fall upto 3575 and 3550.
• Buy Fortis Health @ 74.3 for target of 76
• Market again going towards 3670 level. Its above 3650 and we may see some relief up rally in market
• Titagruh Wagons touches 225 Target 1 achieved. Change stop loss to 225.
• Market 150 point down again. Its great game played by operator.