1. Indian stock Market Premier exchange National Stock Exchange direction Tip: As a market strategy; if one is a F&O trader than one can hold Nifty long with stop loss of 3020 and if Nifty 3050 is held than market can target levels of 3240. However market will take cues from overseas market and thus one has to religiously track Dow Jones etc. Nifty trend decider is 2880 failing which Nifty can fall to the levels of 2810,2700. However I am not positive on the prospects on the market and thus we are likely to see another sell off in another 2-3 months as next half yearly outlook is negative as per the charts.
2. Satyam Computers News: The board has announced a board meeting on 20 December 2008 to consider a buy back of shares as company has close to Rs 5300 Crore of cash on its books. It will be good that the cash is utilised else Father in his quest to save sons can put Satyam computers on sale in order to save Maytas Infra as sons are finding it difficult to prepare accounts for Maytas Infra.
3. Profit analysed stock Tips: India is a great country which can even bear shocks like Satyam fiasco also. Nonetheless profit is as listed below for day trading tips. I hope now you can understand why sell recommendations are dicey at present juncture as market is changing direction at the drop of a hat. Today I booked loss in Neyveli Lignite in intraday trading as I had to leave the terminal and go for a commitment and when I came home I found that the stock would have had given tremendous gains. However I was happy that I lived to my commitment to close the trade if I can not monitor the trade.I was on terminal yesterday and made tremendous profit with Neyveli Lignite. Neyveli Lignite now becomes dicey if it breaks the level of 67 on lower side.:
Stock | Profit (Rs) |
Zicom Electronics | 250 |
ITC | 860 |
ABB | 1940 |
Neyveli Lignite | 270 |
Hindalco | Entry price not reached and thus trade not executed. |
HDIL | 510 |
India Cement | 280 |
Ivrcl | Entry price not reached and thus trade not executed. |
Bajaj Hind | 245 |
Punj Llyod | Entry price not reached and thus trade not executed. |
Praj industries | 110 |
4. Trading made easy with Strong futures updates
Bindalagro
HDIL
Bajaj Hind
Patel engg
Ambuja Cem
ICICI Bank
Edu Comp
Neyveli
Indian infoline
Shree Cem
5. Online stock trading with Weak Futures daily data
J Stainless
Satyam
Birla Jute
Bhushan Steel
Rolta
Jindal Saw
Redington
BRFL
Great Offshore
Voltas
6. Trade in BSE and NSE with researched stock tips of India
Buy Axis Bank>546.1,550,555,573 sl 542.9
Buy SBI>1306.1,1333,1350 sl 1298.8
Buy Bajaj hind>67.55,68.8,71 sl 64.9
Buy ZIcom>82.1,84.6,87 sl 79.4
Buy Neyveli Lignite>70.5,71.75,74 sl 66.8
Buy ABB>464.1,468.6,477 sl 459.4
Buy IVRCL>150.1,153.4,159 sl 146.9
Buy Punj Llyod>164.1,165.65,170 sl 158.9
Buy Praj industries>66.3,67.8,70 sl 63.8