define('DISABLE_WP_CRON', true); Today's Trading Tips, News Updates - April 21 2009 | Stock Market Guru

Today’s Trading Tips | News Updates | April 21

Posted by Stock Market Guru on 20 April, 2009
4 Comments
This item was filled under [ Day Traders, Past Performance, Short Calls, Trading Calls ]

News Updates

  • Today’s market calls Click Here
  • India gets 43% FDI through Mauritius route – BS
  • Polaris Q4 net up 50% at Rs 32 cr, declares 25% dividend – BS
  • Oracle to buy Sun Micro for $9.50/share
  • TCS net profit up 7% YoY – BS
  • Gold may dip to Rs 13,700 on firming dollar and falling demand – ET
  • Indian BPOs’ revenue will be doubled by 2010: Gartner – ET
  • Bank of America posts Q1 profit but stocks fall – ET
  • TCS board approves 1:1 bonus issue – Moneycontrol
  • 20% open offer for Satyam to be announced on today – Moneycontrol
  • Piramal Healthcare Q4 PAT seen down 80% at Rs 25 cr

Today’s Trading Calls

  • Yesterday i judged that market will open in -VE zone but market opened with good positive gap but at closing session we saw huge profit booking in Frontline stocks. Mid-cap and Small-caps were closed with 1% gain.
  • Nifty closed at 3377 after touching strong support 3345 level. So market seems really very volatile. Bulls are waiting with huge cash but today Bears will win over bulls if nifty will go below 3345 level and trades for 15 mins.
  • Nifty: Support Levels – 3345, 3310, 3270 Resistance Levels – 3400, 3447, 3485
  • US markets were opned with huge negative gap of 250 point. Indian markets to open with -VE point gap in sensex.
  • Buy Glenmark: Target – 208, 214 Short Target – 246, Stop Loss – 190
  • Sell Nicolas Piramal: Target – 210.2, Short Target – 199, Stop Loss – 229
  • Sell Reliance Capital: Target – 505 Short Target – 480, 465 Stop Loss – 538
  • Buy Polaris: Target-72, Short Target-75, Stop Loss-65.5
  • Sell Bajaj Hindustan: Target -70,  Short Target – 64,  Stop Loss – 76
  • Sell Tata Motor: Target 230, 220, Short Target 190 , Stop Loss – 255
  • Sell Rolta: Target 96, 94 Stop Loss – 104.4
  • Sell Punj Llyod: Target 109, 105 Short Target – 101, Stop Loss – 116
  • Sell Opto Circuit: Target 110, 107, 104 Stop Loss – 118.5 (Pure Intraday – You can buy it @ 102/103)
  • Buy/Hold KSOil: Target-53, 57 Stop Loss-45 (2 week for final target)
  • Past Trading Calls View Here

Mid-Session Updates

  • RBI cuts Repo Rate and Reverse Repo Rate by 0.25%. CRR remained unchanged
  • RBI estimated 2009-10 growth will remain 6%
  • Reverse Repo cut will force banks to lend more money
  • Market showing some green signal but beware dont be trapped by those operators
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4 Comments on “Today’s Trading Tips | News Updates | April 21”

  • Manish
    21 April, 2009, 19:25

    I’ve been constantly tracking ur calls
    ur analysis are always correct
    today i was little worried bout ur short call on punjllyd but it was achived too

    Great Analysis
    thanks brother

  • admin
    21 April, 2009, 19:40

    Thanks manish.
    Be carefull bears are coming in again and this time they will win over bulls. almost 90% accuracy is there but u may have losses in 1 or 2 calls out of 10 calls a day.

  • Manish
    21 April, 2009, 23:45

    Ur right sir
    I see some major buying in option put call for contracts ending in may09 especially PE 2800

  • Manish
    21 April, 2009, 23:45

    Ur right sir
    I see some major buying in option put call for contracts ending in may09 especially PE 2800
    i learnt all this from u thanks

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