define('DISABLE_WP_CRON', true); Today's Trading Tips | News Updates | April 20 2009 | Stock Market Guru

Today’s Trading Tips | News Updates | April 20

News Updates

  • Today’s market calls Click Here
  • World economy will recover partially by September 2009 And if that happens india will go back to 8-9% growth rate – PM, India
  • MFs are having total cash Rs 18,289 crore. By this healthy cash pile, MFs may continue there buying interest at deeps and propel the market forward – Sharekhan, ET
  • Kingfisher may sponsor ECB’s Twenty20 league – BS
  • State Bank of India (SBI) extended the period of its cheap loan to the farmers against warehouse receipts by 5 months to September 30, 2009. – BS
  • Jayalalitha not with UPA, joins Third Front
  • Market may correct 8-10% before april expiry. Consider heavy selling in market as buyingn opportunity after 8% drop. If companies results come down to expectations then we may see 9300 level. – Stock Market Guru

Today’s Trading Calls

  • After 6 weeks continues 30% gain atlast market has started showing some profit booking signal. As boldly written on friday to sell all long before 2:30 pm, we had seen hugee selling and market was trading in RED and then closed in green with marginal point.
  • Nifty: Support Levels – 3345, 3310, 3270 Resistance Levels – 3400, 3447, 3485
  • Indian markets to open with -VE 100 point gap in sensex.
  • Buy Unitech: Target 60
  • Buy PFC: Target 159, 161 Stop Loss- 149
  • Buy Bajaj Hind : Target – 80, 83  Stop Loss – 73
  • Sell SAIL: Target 102, 100, 98.3 Stop Loss- 109
  • Sell Tata Motor: Target 225, 210, Short Target 190 , Stop Loss – 250
  • Sell RNRL: Target – 54, 52, 49 Short Term: 42 Stop Loss-59
  • Sell Rolta: Target 88, 84 Stop Loss – 104
  • Sell WWIL: Target 13.5, Short Target 12, Stop Loss-15.4
  • Sell Lanco Infra : Target 207, 203, 200  , Stop Loss 217
  • Risky Trader may sell Bharat Forge. We may see 20% down move
  • Long Term Investor may buy Opto Circuit @ 103, 101 level
  • Buy/Hold KSOil: Target-53, 57 Stop Loss-45 (2 week for final target)
  • Past Trading Calls View Here

Mid Session calls

  • Market seems going towards RED zone
  • Sell Tata Motor, SAIL, Lanco Infra Now
  • See Market is 155 point down
  • Exit Punj Llyod, Pantaloons, Spice Jet if have in your portfolio
Popularity: 475 hits
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One Comment on “Today’s Trading Tips | News Updates | April 20”

  • 19 April, 2009, 19:47

    I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

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