Stock Market Tips

SENSEX (Close - 18326.10)

Sensex has seen technical recovery in the last day of the trading session but political worries has pulled it down from its intraday nifty high point. Technically, there are no great chances in charts and technical indicators and market mood expected to continue in doom mood. Optimistic traders can hope for 18000 as a good trading support but we will see fresh panic if 18000 breaks anytime. 

I would suggest watching the political development very closely after Kanimozi's arrest. Global cues may also turn sluggish in this week. Once again we should accept that till now market is using every rise to off load stocks. There is no immediate positive trigger but there are lots of negative trigger, which can hit market anytime. Just think about Diesel price. 

NIFTY STOCK MARKET (Close - 5486.35)

I said for Friday, "may a relief up to 5500". It came, now we should think what is next? The kind of structure developing require a constantly higher closing to move away from bear pattern. It suggests buying only above 5518. Technical support will be at 5400. 

PNB (Close - 1033.55)

From the day it has broken 1050, it is looking weak only. I would not be surprised if this stock crashes towards 1000 marks by this week of trade. Technically a fresh wave of fall begins if it stars standing below 1030. Short if sustain below 1030. 

RAYMOND (Close - 344.20)

Sell off got a pause at 327-330 support band. This should be amongst few stocks, which can stand against all odds this week. It is a buy above 348 levels. On higher side it can hit 370 levels. Although buying should avoidable on extreme worse, something like if Nifty stands below 5400. 

SUZLON (Close - 50.70)

Are you buying this stock again? Well, I cannot say anything about long term, it may be good. In short term time frame it is giving me a hint that if stock goes below 50 then we can see a move towards 48-47 levels. Short below 50. 

NIFTY STOCK MARKET FUTURE

Nifty Future Closing : 5484
Watch carefully today's nifty magical figure... 5503
Buy Nifty Future above magical figure for upside
First target...   5522 and above it
Second target...    5547
and crosses over both it will come...    5572
Sell Nifty Stock Future, if Nifty is running below magical figure then your downside
First target...    5455
Second target... 5428
Third target... 5393

BANK NIFTY FUTURE

(Closing - 10666)
Today's magical figure...10706
Buy it above magical figure upside
First target ... 10750
Second target ... 10792
Third target...    10840
Sell it if running below Magical figure for downside:
First target ...10588
Second target...10510
Third target ... 10441

AXIS BANK FUTURE

(Closing - 1222)
Today's magical figure... 1233
Buy it above magical figure upside targets
First target ... 1244
Second target ... 1255
Third target ... 1266
Sell it running below Magical figure for downside:
First arget ... 1210
Second target ...1200
Third target ... 1186

TITAN FUTURE

(Closing - 4126)
Today's magical figure... 4130
Buy it above magical figure upside targets
First target ... 4174
Second target ... 4208
Third target ... 4238
Sell it running below Magical figure for downside:
First arget ... 4081
Second target ...4053
Third target ... 4023