Archive for December 29th, 2008

Free Nifty Future Tips 30-12-08

NIFTY FUTURE

ABOVE 2976 TARGET 3005-3050-3082
BELOW 2913 TARGET 2870-2850-2817

-Always Remember, put SL in your every trade.

Free Intraday Stock Tips 30-12-08

MARKETCALLS – Intrday Stock Tips

Satyam stocks rise 9% on expectations that Raju may sell out

MUMBAI: The Satyam stock rose 9% to Rs 148.25 on Monday, and was the top performer among Sensex stocks, amid talk that more pledged shares of the promoter group have been unloaded in the market today. Over 10 crore shares–constituting nearly 15% of the company’s equity–changed hands on both exchanges combined, almost three times the 2-week daily average volume in the stock.

Vishal Retail hits lower circuit on outlet closure

MUMBAI: Amid speculation of closure of outlets of Vishal Retail, shares of the retail player fell by more than 9% on the BSE on Monday.

Silver – The Poor man’s Gold

“SILVER – The Poor man’s Gold”         

Munish Rao                     

Nifty has support at 2750: Anagram

According to Anagram Research’s report, the Nifty has support at 2750. Engineering, IT looks bad. Satyam, however, could buck the trend.

US markets end marginally higher

US markets ended marginally higher on extremely low turnover session; Dow Jones ended up 47 points at 8515.5, Nasdaq was up 5.5 points at 1530.2 while S&P 500 gained 4.5 points at 872.80. Total shares traded on NYSE were around 50% less compared to average daily turnover; around 517 million against averaged about 1.5 billion.

Avoid fresh purchases: Bhambwani

Technical Analyst, Vijay Bhambwani: The markets opened on a buoyant note and ended with losses as was the recent trend. The benchmark indices lost over 2 % at close. The traded volumes were lower as compared to the previous session, which is a routine phenomena during the festive season. The market breadth was negative as the BSE & NSE combined advance decline ratio was 1206 : 2452. The capitalisation of the breadth was also negative as the BSE & NSE combined figures were Rs 2064 crs : Rs 7723 crs.

Market outlook and intraday tips for 29th Dec from IndianMoneyPlus.Com

Source – IndianMoneyPlus.Com

US and European markets are closed on account of Christmas.

Free Nifty Future Tips 29-12-08

NIFTY FUTURE

ABOVE 2902 TARGET 2923-29472975
BELOW 2876 TARGET 2840-2801-2766

-Always Remember, put SL in your every trade.

Free Intraday Stock Tips 29-12-08

MARKETCALLS – Intrday Stock Tips
Sell SBI below 1230 SL 1252 Target 1210-1181
Sell L&T below 738 SL 751 Target 723-713
Sell RNRL below 51 SL 53.50 Target 48-45
Buy EDUCOMP above 2425 SL 2341 Target 2490-2523-2569
Buy MARUTI above 514 SL 500 Target 523-534