Tuesday 30-09-2008

Nifty Trader

Previous Close- 3850.05

Pivot- 3874.97

Supports- 3755, 3655, 3535

Resistances- 3970, 4095, 4190

Expect a deep red negative gap down opening of -150 points.

Monday 29-09-2008

Nifty Trader

Previous Close - 3985.25

Pivot - 4022

Supports - 3935, 3880, 3795

Resistances - 4070, 4160, 4210

Expect a flat to positive gap up opening of +50 points.

Friday 26-09-2008

Nifty Trader

Previous Close - 4110.55

Pivot - 4120.22

Supports - 4065, 4025, 3975

Resistances - 4160, 4215, 4255

Expect a flat to marginally negative opening by -25 points.

Thursday 25-09-2008

Nifty Trader

Previous Close - 4161.25

Pivot - 4161.68

Supports - 4115, 4070, 4025

Resistances - 4205, 4250, 4300

Expect a flat to marginally positive opening. Today is FnO expiry for september series, expect a volatile session.

Wednesday 24-09-2008

Nifty Trader

Previous Close - 4126.90

Pivot - 4156.5

Supports - 4085, 4050, 3980

Resistances - 4195, 4260, 4300

Expect a flat to positive gap up opening of +25 points.

Monday 22-09-2008

Nifty Trader

Previous Close - 4245.25

Pivot - 4182.9

Supports - 4100, 3960, 3880

Resistances - 4325, 4400, 4545

Expect a positive gap up open of + 50 points. Avoid buying at higher levels. This updise can be used to book longs.

Friday 19-09-2008

Nifty Trader

Previous Close - 4038.15

Pivot - 3962.5

Supports - 3875, 3712, 3624

Resistances - 4125, 4213, 4376

Expect a positive gap up open of +160 points

Thursday 18-09-2008

Nifty Trader

Previous Close - 4008.25

Pivot - 4033.18

Supports - 3950, 3890, 3810

Resistances - 4090, 4175, 4230

Expect a negative gap down open of -120 points

Wednesday 17-09-2008

Nifty Trader

Previous Close - 4074.9

Pivot - 4028.11

Supports - 3965, 3860, 3795

Resistances - 4135, 4190, 4300

Expect a positive gap up open of +50 points

Intraday Stock Recos for 16-09-2008

Buy HPCL above 242 for a target of 246, 248 stop loss 230

Sell CAIRN for a target of 200, 197 stop loss 217

Tuesday 16-09-2008

Nifty Trader

Previous Close - 4072.9

Pivot - 4085

Resistances - 4220, 4370, 4500

Supports - 3940, 3805, 3655

All are spot levels. Expect a gap down to negative opening by at least -60 points.

Monday 15-09-2008

Nifty Trader

Previous Close - 4228.45

Pivot - 4250

Supports - 4175, 4125, 4050

Resistances - 4300, 4375, 4425

Expect a deep gap down open of at least -125 points.

New Investment Idea

ROLTA INDIA LTD

CMP - 319-320

Recommendation - BUY

Perception - Rolta India Ltd. is a Mumbai based software company catering sectors like Infrastructure, Power and Defence sectors. The are the engineering service providers to these sectors. Looking forward to the Nuclear Deal scenario, ROLTA India Ltd. could be a major gainer in its sector. The have already done a JV with Stone and Webster France. Stone and Webster is into development of process flow diagrams, mass & energy balances, control & operational philosophy, basic equipment sizing, equipment specifications and conceptual equipment layout. France is already willing to work with India in the Nuclear sector, as we know from the news.

Other Key Fundamentals

P/E Ratio - 19.50
EPS - 16.34
52 Week High/Low on NSE - 390 / 230

Mutual Funds Holding this scrip

1. DSP-ML Equity Fund - Regular plan
2. DSP-ML Balanced Fund
3. Tata Mid Cap Fund
4. DSP-ML Small and Mid Cap Fund

Hence we recommend to buy Rolta India ltd. with a target of 375++ in short term.

Friday 12-09-2008

Nifty Trader

Previous Close - 4290.3
Pivot - 4320
Supports - 4272, 4195, 4115
Resistances - 4368, 4444, 4495

Expect a gap up open of at least +15 points. Inflation came lower at 12.10 %

Thursday 11-09-2008

Nifty Trader

Previous Close - 4400.25

Pivot - 4422

Supports - 4375, 4355, 4310

Resistances - 4444, 4485, 4515

Expect a negative gap down open of at least -30 points. Book profits in the NIFTY PUTS we were holding. Avoid shorting at lower levels.

Wednesday 10-09-2008

Nifty Trader

Previous Close - 4468.7

Resistances - 4505, 4540, 4585

Supports - 4425, 4385, 4350

All are spot levels. Expect a gap down to negative opening by at least -30 points. Too many resistances building for an upmove. Sustainability can be an issue.

Tuesday 09-09-2008

Nifty Trader

Previous Close - 4482.3

Resistances - 4575, 4665, 4770

Supports - 4375, 4265, 4175

All are spot levels. Expect a gap down to negative opening by at least -20 points.

Stock To be Profited with Nuclear Deal

L&T supply to defence, nuclear, power and aero space)

BHEL (supplies equipments related to nuclear plants),

NTPC, ALSTOM (supplies equipments related to nuclear plants),

AREVA, ROLTA (Rolta-stone & Webster JV provides reactor building technology),

GAMMON, HCC (construction of nuclear power plant),

ABB, CROMPTON, WALCHANDNAGAR, SIEMENS, REL, TATAPOWER, KSB pumps (supplies equipments related to nuclear plants)

BIOCON (Co. could get raw materials to make vaccines so far banned of military sensitivities),

TATA MOTOR (Joint venture in defence Equipment),

M&M(Joint venture in defence Equipment),

GODREJ & BOYCE(US Cos. find it easy to strike partnership to make high end Parts such as forging used in rockets),

BHARAT FORGE

Monday 08-09-2008

Nifty Trader

Previous Close - 4352.3

Resistances - 4420, 4490, 4540

Supports - 4305, 4260, 4190

All are spot levels. Expect a gap up opening by at least +180 points due to positive Global cues and positives sentiment build because of NSG wavier

Hot stocks for 05-08-2008

Sell CHAMBAL FERTI target 72 stop loss 76

Sell HIND OIL EXPLORATION for a target of 122, 120 stop loss 126

Friday 05-09-2008

Nifty Trader

Previous Close - 4447.75

Pivot - 4460.40

Supports - 4405, 4365, 4310

Resistances - 4501, 4555, 4595

All are spot levels. Expect a gap down opening by at least -100 points due to pressure of Global cues and negative sentiment build because of NSG meet.

Thursday 04-09-2008

Nifty Trader

Buy NF above 4475 target 4500, 4530, 4550

Sell NF below 4460 target 4430, 4400, 4375

Expect a flat to negative open of -45 points

Hot stocks for today

Sell CAIRN for a target of 230, 228 stop loss 238

Hot stocks for 02-09-2008

Buy HCL TECH for a target of 247 stop loss 236

Buy GSPL for a target of 67, 69 stop loss 61.5

Buy MOSER BAER for a target of 111, 113 stop loss 104

Tuesday 02-09-2008

Nigty Trader

Buy NF above 4340 for target of 4360, 4385, 4400

Sell NF below 4325 for target of 4295, 4260, 4240

Expect a flat to gap up open of +10 points

Hot stocks for 01-09-2008

Sell TATA MOTORS for a target of 434, 430 stop loss 452

Monday 01-09-2008

Nifty Trader

Buy NF above 4350 for a target of 4375, 4400, 4430

Sell NF below 4325 for a target of 4305, 4285, 4245

Expect a gap down opening of -40 points