Hot breakout stocks of India ready for giving profit in Intraday trading: 15 Dec 2008

1. Indian stock market accurate analysis: Sensex can move to levels of 10031 or 10494 as worldwide trend suggests same and corroborates uptrend. However Sensex 10000 mark is a psychological barrier where profit booking will be observed. Support for Sensex exists at 9100, 8929 and 8467 level. Nifty uptrend can take NSE Index to level 3112 or 3490. However NSE Nifty has to cross 2960-3040 in the week ahead to target the levels of 3100. In case reversal from 2899 occurs than Nifty can break to the levels of 2670-2500. Thus one has to exercise a cautious approach despite an uptrend emerging in Nifty as Reliance and related stock to Ambani brothers is seeing lot of activity which has the potential to pull up the market and same is corroborated by F&O data analysis. I have already stated that the action is being seen in large cap stocks and current trend has been stated with help of CBOE volatility index and its effect on Indian stock market can be read to make regular money from the market.
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2. Intraday day trader profit from last Friday share tips: Reliance gave profit of Rs 6300, RPL did not reach the entry price, RNRL gave profit of Rs 380, BHEL gave a small profit of Rs 200, adlabs gave profit of Rs 690, HDIl gave profit of Rs 215, SBI gave profit of Rs 3100 for every 100 shares traded as per the given tip for day trading for Indians.




3. Trade in Futures and options with strong futures data

NDTV
JPAssociat
RNRL
DLF
Hindujaven
Jindal Steel
RCom
Tata Steel
Nagar Const
IVRCL Infra

4. Trade in BSE and NSE with Weak Futures data

Bhusan Steel
Rolta
HCL Tech
Redington
Financial Tech
Bharat Forge
Ashok Leyland
Jindal Saw Ltd
GT Offshore
Uni Phosphorous

5. Book profit by intraday trading in breakout stocks: I have given a number of stocks which are giving breakout but remember to enter when stock moves past the recommended level and try to buy when the stock crosses recommended level for the ferst time. these stocks have been listed randomly and do not show any priority for trading as per listing in the order.

Buy Reliance communications>250.5,254.4,260 sl 248.8
Buy Tata power>753.1,760,774 sl 748.8
Buy Bank of India>270.5,272,277 sl 268.8
Buy IFCI>21.1,21.65,22.25,23.65 sl 19.9 ( High risk high returns if held for medium term)
Buy SBI>1221.1,1232,1250 sl 1216.5
Buy HDIL>109.1,111.25,113.8,118 sl 105.9
Buy RPL>84.3,85.95,87.6,90 sl 81.9 (One can hold this stock for short term)
Buy Jp associates>85.5,88.5,93 sl 83.5
Buy Sun Pharma>1111.1,1119,1129 sl 1104.8
Buy Reliance>1311.1,1324,1350 sl 1306.8
Buy Reliance capital>533.1,539,550 sl 528.8
Buy RNRL>56.1,58.9,62 sl 54.9
Buy Adlabs>187.1,189,192.6,199 sl 182.5
Buy Praj Industries>64.1,65.4,67.3 sl 61.5