Archive for January 21st, 2009

[~HaTs oFF~] INTRADAY FREE STOCK VIEWS [~HaTs oFF~]-22 jan-09

FREE STOCK VIEW: UNITECH

VIEW: WEAK

STRATEGY: SELL AT HIGHER LEVEL.

SUPPORT: 29.1–28–27.5 (BELOW SUPORT=WEAK)

RESISTANCE: 29.7 – 30.5 – 31.2 (STOPLOSS = ABOVE RESISTANCE)

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Market Review for 22nd January 2009

BSE Sensex: (8779) the market has closed in the negative and has closed below a very crucial level of 8945 and shown the direction that it is down and I would like to consider the market as down unless it crosses 9075 on the upside with force…

Bharat Forge Q3 PAT seen at 45.1 cr

Bharat Forge is to announce its third quarter results. According to CNBC-TV18 estimates, its consolidated net sales are seen down 1.50% at 1096 crore versus Rs 1079.9 crore.

Its net profit is seen down 36% at 45.1 crore versus Rs 70.9 crore.

COMPACT DISC 38/- Excellent Res. Declared EPS 42/- Interim Dividend.

COMPACT DISC 38/- Excellent Res. Declared EPS 42/- Interim Dividend.

 

Compact Disc  Ltd (Rs.10/- face value) trading in BSE at 38/- declared Excellent results with net profit 10.5 Crores and EPS 42 Annualized. Equity 9.5 Crores. Planning to give Interim dividend Rs. 3/- per share. Excellent Buy at current rate. Hold 1 to 2 month touch 65/- minimum.

Free Intraday Stock Tips 21-1-09

MARKETCALLS – Intraday Stock Tips

Sell RELIANCE below 1160 SL 1190 Target 1136-1109
Sell AXIS BANK below 415 SL 434 Target 405-386
Sell BPCL below 385 SL 397 Target 379-373 (RISKY TRADE)
Sell FEDERAL BANK below 152 SL 157 Target 149-144
Sell HEROHONDA below 826 SL 837 Target 812-801
(RISKY TRADE)
Sell INFOSYS below 1239 SL 1269 Target 1217-1194 (RISKY TRADE)

Free Nifty Future Tips 21-1-09

NIFTY FUTURE

ABOVE 2789 TARGET 2816-2834-2850
BELOW 2768 TARGET 2746-2732-2711-2698

MARKETCALLS’ VIEW ON NIFTY FOR INTRADAY :
Yesterday market opened in the gap down and then again consolidate in very very narrow range, Nifty is having good support at 2711, if breaks this level and sustain below that then nifty may touch 2677 very fast.

-Always Remember, put SL in your every trade.

Market outlook and Intraday tips for 21st Jan from IndianMoneyPlus.Com

Source – IndianMoneyPlus.Com

Its been one year since markets have fallen from its peak. Last year on 21st Jan we saw Indian markets saw a blood bath.
US markets plung badly.
Europe is marginally lower.
Asia has opened weak.
India is bonded to open negative.