January 2011
Tuesday, January 25 2011
nifty spot intra
short / long -5746 / 5766
stoploss - opposit
L targets - 5786/5806/26/46
S targets - 5726/06/5686
Tuesday, January 25 2011
| INTRA DAY | date | 25th january 2011 | ||
| stock | go | entry | targets | stoploss |
| BANK NIFTY | short | 11100 | 11025/10950/875/800 | 11175 |
| long | 11175 | 11250/325/400 | 11100 | |
| CNX IT | short | 7288 | 7256/24 | 7320 |
| long | 7320 | 7352/84 | 7288 | |
| RELIANCE | short | 968.5 | 964.5/59.5/55.5/50.5 | 973.5 |
| long | 973.5 | 977.5/81.5/86.5/90.5 | 968.5 | |
| TATA MOTORS | short | 1187 | 1183/77/71/65/59/53 | 1193 |
| long | 1193 | 1196/1201/06/11/16/21 | 1187 | |
| WIPRO | short | 443.5 | 441/38.5/36/33.5/31 | 446 |
| long | 446 | 448.5/51/53.5/56 | 443.5 | |
| ICICI | short | 1092 | 1084/74/65/55 | 1097 |
| long | 1097 | 1104/12/20/28 | 1092 | |
| SBI | short | 2685 | 2675/65/55/45 | 2695 |
| long | 2705 | 2715/25/35/45/55 | 2695 | |
| LT | short | 1652 | 1640/28/16/04 | 1664 |
| long | 1664 | 1676/88/1700 | 1652 | |
| TATA STEEL | short | 649 | 646/43/40/37 | 652 |
| long | 652 | 655/58/61/64 | 649 | |
| LIC HSG FIN | short | 188.5 | 186.5/84.5/82.5/80.5 | 189.5 |
| long | 190.5 | 192.5/94.5/96.5/98.5 | 189.5 |
Thursday, January 20 2011
nifty spot intra
short / long -5657 / 5678
stoploss - opposit
L targets - 5699/5720/41
S targets - 5636/15/5594
Thursday, January 20 2011
| INTRA DAY | date | 20th january 2011 | ||
| stock | go | entry | targets | stoploss |
| BANK NIFTY | short | 10600 | 10560/520/480/440/400 | 10640 |
| long | 10640 | 10680/720/760/800 | 10600 | |
| CNX IT | short | 7260 | 7230/200/170/140 | 7290 |
| long | 7290 | 7320/350/380 | 7260 | |
| RELIANCE | short | 977 | 973/69/65/62 | 981 |
| long | 985 | 989/93/97/1000 | 981 | |
| TATA MOTORS | short | 1189 | 1184/78/73/67 | 1195 |
| long | 1195 | 1200/06/11/17/22 | 1189 | |
| INFY | short | 3243 | 3230/17/04/3191/78 | 3256 |
| long | 3256 | 3269/82/95 | 3243 | |
| ICICI | short | 1023 | 1017/11/05/999 | 1029 |
| long | 1029 | 1035/41/47 | 1023 | |
| SBI | short | 2495 | 2485/75/65/55 | 2505 |
| long | 2505 | 2515/25/35/45 | 2495 | |
| LT | short | 1656 | 1648/35/23/10 | 1666 |
| long | 1666 | 1674/87/99/1712 | 1656 | |
| SAIL | short | 171 | 169.5/68/66.5/65 | 171.75 |
| long | 172.5 | 174/75.5/77 | 171.75 | |
| LIC HSG FIN | short | 172 | 171/70/69/68/67/66 | 173 |
| long | 173 | 174/75/76 | 172 |
Wednesday, January 19 2011
LT .....it was being supported strongly around 2000 ... with LT finance IPO consideration .... now IPO is being deferred indefinitely ... so that support is gone ......
all infra cos are facing a triple whammy -
1 .... commodity inflation
2.... interest rates r going up
3.... uncertainty leading to future orders / implementation of existing projects
with these problems ... the sector is going to be an underperformer .... and LT is facing the brunt ......
the results were also just about OK to GOOD ...... and valuations r steep compared to other infra peers ...... now that valuation gap is getting reduced ......
personally i feel ... 1500/1650 is a good long term investment buying zone ...... buy gradually .....
if LT slips below 1500 - all bets on INDIAN market will be off
