TUESDAY PICS 29-12-09

MARKET'S INITIATIVE ON TUESDAY WILL DEPEND ON CO-OUTCOME OF US & ASIAN MARKET.HOPE,ATLEAST ASIAN MARKET CORRECT A BIT,SO WE CAN TAKE INTRADAY LONG POSITION.IF IT OPENS GAP DOWN AROUND 5150 LEVEL,THEN IT CAN BOUNCE FROM THERE TO 5180 LEVEL & IF TRADES CONTINUOUSLY ABV THAT THEN IT MAY GO UPTO 5207 LEVEL.REVERSE THE TREND IF IT OPENS AROUND 5202-07LEVEL.SOME PICS ARE:
(1)CROMPTON GREAVES:ABV 425 TGT 430-32 WEAK BLW 421
(2)TATA MOTORS:ABV 783.5 TGT 790-92 OR MORE----BLW 776 TGT 769-67 OR LESS
(3)RANBAXY:ABV 522 TGT 527-528----BLW 517 TGT 512-511
(4)KOTAK BANK:SELL BLW 802.5 TGT 794-92 STRONG ABV 812.
(5)NIFTY FUTURE:ABV 5192 TGT 5210-5225----BLW 5175 TGT 5155-5140.IF IT OPENS GAP UP OR DOWN THEN FIGURE OUT THE TRND IDEA ABT SHORT OR LONG.5155-40 LEVEL GOOD FOR LONG & 5207-5215(IF NOT SUSTAINED)GOOD FOR DAY REVERSAL.
ALSO KEEP AN EYE ON CENTURY TEXTILE ABV 510 FOR MOVE UPTO 515-517 MARK.
IN ALL ABV STOCKS DONT JUMP IN OPENING 2-3 MINUTES.LET IT SETTLE & DO WORK AS PER LEVEL.
HAPPY TRADING.

DELIVERY DESK(FOR YEAR 2010)

ONE CAN INVEST IN THOSE STOCKS WHICH ARE NOT AT THEIR BEST COMAPRED TO SENSEX OR NIFTY RISE:BITTEN STOCKS LIKE BHARTI,CENTURY TEXTILE,REAL ESTATE COUNTERS(DLF,HDIL,UNITECH),ESSAR OIL,LEAST VALUE COUNTER LIKE ISPAT LOOK GOOD FOR INVESTMENT.SOME MIDCAP BANKS ALSO LOOK GOOD(UNION BANK,YES BANK,DENA BANK,ALLAHABAD BANK).IN MIDCAP ZONE GREAVES COTTON,ALSTOM PROJECT.PATEL ENGINEERING,EDSERVE,TEXMACO,NIIT LTD.,APTECH LOOK GOOD.IN SMALL CAP WINDSOR MACHINES,SURYACHAKRA POWER & SNL BEARING ARE THE STOCK TO LOOK FOR.SOME PHARMA COUNTERS LIKE BIOCON,DABUR,,ORCHID LOOK GOOD.IN IT-SECTOR PRAJ,ROLTA,POLARIS,HEAVYWEIGHT INFOSYS,WIPRO,TCS(AT SOME CORRECTION) LOOK GOOD FOR SHORT TO MEDIUM TERM.HAPPY INVESTING YEAR AHEAD.