Nifty and Stocks Update for June 30 - Inder Bhatia

Sell M&M below 683 TGT 653>638 Stoploss 705.

Buy ICICIBANK above 757 TGT 785>803 stoploss 729.

Last week we had mentioned that any major rally would correct before a next move, yet we saw just a 23 percent retracement to 4151. A 38 percent retracement would be around 3850 and 50 percent retracement is 3592 as shown in above chart.

Last week the Sensex gained 1.7 percent and Nifty ended higher by 1.4 percent respectively. As last week we had mentioned that some pullback can be expected and Nifty bounced from lower levels to touch 4370 levels before moving ahead to 4442-4483-4553 which will act as resistance zone. On the lower side if Nifty cracks below 4140 we could see a deep correction toward 4000-3865. For the coming weeks closing below 4310 levels we could test 4220-4150.

The Indian market opened on higher note tracking positive cues from global market and close with hand some gains.For coming session nifty trading above 4380 it likely to test 4440-4483 zones. On the other side 4290-4240 levels will act as support zones.

Nifty Update for June 1 - Inder Bhatia

Nifty weekly chart seen breakout and closed above major downward sloping line next resistances 4600 and strong support 3793-4000.

Last week sensex gained 5.3 percent and nifty 5 percent respectively. The Sensex closed with twelfth consecutive weekly gain. Moving ahead on the upside there are multiple resistance zones of 4500-4530-4600, so the coming week one could buy stock with stoploss. However, if the market reverses one should not stuck at higher levels. On the daily chart RSI is still high and the market is overbought, and the gap needs to be filled at least partially. For the coming week, the level to watch is the 4500-4530 zone, and closing below 4430 Nifty will test 4197-4050.

The Indian market opened on higher note tracking positive cues from global market and closed with with good gains. For the coming session on hourly chart it is witnessing negative divergences on the RSI and on the upside 4500-4530 will act as the resistance zone. On the lower side 4430-4403 level act as support zone.

BUY RELIANCE IND INFRA 1145 TGT 1210>1285>1330 STOPLOSS 1085.

HOT STOCKS

Buy ALPHAGEO 209 TGT 225>241 Stoploss 199 -- Short-term.

Buy TITAN above 1078 TGT 1094>1113.50 Stoploss 1062 -- Short-term.

Buy HERITAGE FOODS 79 TGT 110>135 Stoploss 68 -- Short-term.

Buy DLF below 406 TGT 414>420 Stoploss 400.

Stocks Update for May 4 - Rakesh Chandra

These stocks have technically corrected and are waiting for the upside.

XLTL, WWIL, WSTCSTPAPR, WOCKPHARMA WHEELS, ALOKTEXT,BANKINDIA, BARTRONICS, BHAGYNAGAR, NAHARSPING, GUJALKALI, HORIZONINF, D-LINK.

Hot Stocks for April 20 - Inder Bhatia

BUY HEROHONDA above 1110 TGT 1137>1150 Stoploss 1092.

Sell TATASTEEL below 256 TGT 246>237 Stoploss 263.

Hot Stocks for the Week August 11-15 - Inder Bhatia

Buy ICICIBANK above 740 TGT 778>803 Stoploss 721.

Buy LT above 2845 TGT 2921-2997 Stop loss 2810.

Short-term: Buy ESSAROIL above 249 TGT 283>301 Stoploss 241.

Short-term: Buy LAKSHMIMACH 1232 TGT 1370>1535 Stoploss 1134

Unitech - Hot Stock - Santosh Gundecha

An Inverse Head and Shoulders (IHS) is visible in Unitech. This is a bullish signal.

If Unitech is able to trade above 176-77 for a day or two , it could see the targets of 210-220 range.

Trade (Swing): Buy Unitech if it trades above 177 with Stop loss of 170, for a swing target of 210 to 220 .

Nifty Update for July 29 - Inder Bhatia

The Indian market closed on green zone . Market opened on flat note and trade in narrow range but managed to close in green .For coming session we can see some sideway movements on the lower side 4260-4197 will act support zone on the other side 4400-4500 will act resistances zone . We can see stock specific action.

HOT BUY: Rolta above 301 TGT 309>313; Stoploss 295.

Nag Fertilizer - Hot Stock- Santosh Gundecha

Nagarjuna Fertilizer is looking good on chart. Above 40 it can show 42-45 within next couple of days.

Trade: Buy Nag. Fert. in Delivery or Futures Above 40 with sl of 38 for targets of 42 >>45.

Sasken - Breaks Out with Volume - Inder Bhatia

Sasken has broken out with volume. Target 165.

Hot Stocks for July 23 - Inder Bhatia

HOT STOCK: Buy BHEL above 1615 TGT 1723>1830 Stoploss 1585.

Hot Stock: LIC Housing Finance - Inder Bhatia

Buy LICHSGFIN above 259 TGT 267 >273 Stoploss 253.

Weekly Hot Calls for July 21-25 - Inder Bhatia

Buy SBI above 1298; TGT 1298 1363>1401; Stoploss 1253;
Buy ICICIBANK above 618; TGT 651>682; Stoploss 597;

Buy NTPC above 172; TGT 183>191; Stoploss 167;

Buy RELCAP above 1105; TGT 1155>1183; Stoploss

Nifty Update for July 18 - Inder Bhatia

The Indian market closed in the green zone. The market opened gap-up, on positive global cues, but after opening it started losing steam in the first half of the trading session. However, the bulls returned towards the last trading session and the Nifty closed near the day's high. For the coming session Nifty can test 3977-4040 on the lower side, and 3921-3886 will act as a support zone.

HOT STOCK: Buy MARUTI above 594 TGT 607 >615 Stoploss 583.

Hot Calls for Week July 14-18 - Inder Bhatia

Sell PUNJLLOYD below 207 TGT 201>196 Stoploss 215.


Sell ROLTA below 269 TGT 260>255 Stoploss 274.

Sell JPASSOCIATE below TGT 147>145 Stoploss 158.

Buy LUPIN above 703 TGT 712>720 Stoploss 693.

Hot Stocks for July 10 - Inder Bhatia

Buy LANCO above 324 TGT 334>357 Stoploss 315.

BANKINDIA suggested yesterday hit the target.

Nifty Update for July 9 - Inder Bhatia

The Indian market closed in the red zone. The market saw a gap-down opening due to global weakness but saw smart pullback from day's lows. After an initial fall Nifty tried to recover but closed in the red. The day saw a lot of stock-specific action. Market is in a trading range with a small band of 3900-4100. Any breakout from these levels can see a clear trend. For the coming session 3900-3850 will act as as a support level. On the other side 4040 will act resistance.

HOT BUY: Buy BANKINDIA which is heading for 251.

Hot Stocks for the Week July 7-11 - Inder Bhatia

Buy RELCAP above 998 TGT 1053>1088 Stoploss 971.

Buy PUNJLLOYD above 229 TGT 245 >262 Stoploss 219.

Short-Term: Buy BHEL above 1503 TGT 1582–1630 Stoploss 1467.

Buy IFLEX above 1527 TGT 1616 >1664>1712 Stoploss 1483.