After a volatile session US Markets ended flat.
Europe ended mixed.
Asia has opened negative.
Expect the Indian markets to have a flat to negative opening.
The crucial support on the downside for the Nifty is 4992-4950 and resistance at 5135-5150
BSE Sensex: (16836) the crucial support on the Sensex on the downside is 16683 and resistance at 17025-17240

Day Trading Ideas :

LNT :
Buy above 1600 for targets of 1615 & 1625. SL of 1590
Sell below 1585 for targets of 1570 & 1560. SL of 1592

GAIL :
Buy above 430 for targets of 435 & 438. SL of 427
Sell below 425 for targets of 420 & 416. SL of 429

Happy Investing!

State of markets abroad :
US markets ended higher.
Europe ended higher.
Asia has opened higher.
Expect the Indian Markets to open higher.

NIFTY Technicals
NIFTY Spot : 4528.8
Support : 4440.2 & 4351.65
Resistance : 4578 & 4627.25

Day Trading Ideas :

Yes Bank : Buy above 174 for targets of 176 and 178. SL of 172

GVK Power&Infra : Buy above 48 for targets of 49.15 and 50.10. SL of 46.90

LNT : Buy above 1495 for targets of 1505 and 1520. SL of 1488

Happy Investing !
{Get Free SMS Update on your mobile phone Subscribe
Also don’t miss to read any new article from this site Subscribe to Free Email “News Letter” }

US Markets ended positive.
Europe ended positive too.
Asia has opened mixed.
Expect a flat to positive opening on the Indian Stock Markets.
The logical target for the Sensex is 14915-14685-14234 and the resistance is at 15256-15575
Nifty: (4453) the logical target for the Nifty is at 4359-4247 and resistance is at 4533-4632

Day Trading Ideas :

RNRL : Buy above 80 for targets of 81.50 and 83.25. SL of 78.90

MNM : Buy above 775 for targets of 782 and 790. SL of 771

LNT : Buy above 1490 for targets of 1500 and 1510. SL of 1485

Gujrat NRE Coke : Buy above 54 for targets of 55 and 56.25. SL of 53.10

Happy Investing !
[Get Free SMS Update on your mobile phoneSubscribe
Also Dont forget to subscribe to email news letter as you shouldn't miss any thing !]

US markets ended higher.
Europe also ended in green.
Asia has opened positive with a gap up.
Expect the Indian markets to have a gap up opening.

NIFTY Current Spot : 4457.5
Support : 4391.45 & 4325.45
Resistance : 4491.4 & 4525.3

Day Trading Ideas :

MNM : Buy above 785 for targets of 786 and 798. SL of 777

LNT : Buy above 1434 for targets of 1450 and 1460. SL of 1428

RNRL : Buy above 78.10 for targets of 79.50 and 80.45. SL of 77.25

IFCI : Buy above 47 for targets of 48.15 and 49.35. SL of45.85

US and European Markets ended in red.
Asia has opened negative.
Expect the Indian Markets to open negative.

NIFTY Current Spot : 4585.5
NIFTY Support : 4523.95 & 4462.5
NIFTY Resistance : 4682.5 & 4779.55

Day Trading Ideas :

DLF : Buy above 381 for targets of 385 and 389. SL of 377

LNT : Buy above 1487 for targets of 1496 and 1502. SL of 1479

ICICI Bank : Buy above 768 for targets of 774 and 787. SL of 759

L&T has won two major offshore platform contracts from ONGC aggregating over Rs. 5300 crores.The order is for the Mumbai High North (MHN) process platform & living quarters project, with an additional order for supply of three process gas compression modules to be installed in the same complex. The Execution time for the same is 33 months.

US markets ended higher.
Europe also ended higher.
Asia is trading and opened in positive.
Expect the Indian Markets to open positive.
The support for the Sensex is 15000 and the resistance to the up move is at 15600-16046
Nifty: (4571) the support for the Nifty is at 4500 and the resistance to the up move is at 4700-4789

Day Trading Ideas :

RNRL :Buy above 85.90 for targets of 86.50 and 87.85. SL of 84.25

LNT : Buy above 1490 for targets of 1510 and 1525. SL of 1475

IFCI : Buy above 51.25 for targets of 52.2 and 53.1. SL of 50.40

Jai Corp :Buy above 231 for targets of 233 and 235. SL of 228

HDIL :Buy above 280 for targets of 285 and 291. SL of 276

Larsen & Toubro (L&T), an engineering and construction major has played a critical role in building India`s first nuclear powered submarine, launched on July 26, 2009.

Based on the design provided by the navy & defence research and development organization (DRDO), L&T`s dedicated submarine design centre carried out detailed engineering, using the latest 3D modeling and product data management software.

In addition to being the country`s first nuclear-powered indigenous submarine, this is also the largest and heaviest vessel ever built in India.

L&T has had the privilege of making the single largest contribution in the construction of this vessel – right from the stage of plate cutting to launch.

A.M. Naik, chairman & managing director (CMD) of L&T said, “We feel very proud to have contributed significantly to realizing India`s dream of an indigenous nuclear submarine. Over the last four decades, L&T has played a crucial pioneering role in building India`s strategic sectors by successfully executing several technology-intensive and challenging projects. Building the first nuclear submarine is the latest milestone in our association with the Indian navy & the DRDO, and we look forward to building more submarines and warships.“

Source : MyIRIS

US markets ended higher.
Europe had ended higher too.
Asia has opened a positive note.
Expect the Indian Markets to open positive.

The support for the Sensex is 14340 and the resistance to the up move is at 15300
Nifty: (4375) the support for the Nifty is at 4265 and the resistance to the up move is at 4615

Day Trading Ideas :

Adlabs : Buy above 338 for targets of 341 and 345. SL of 334

RIL : Buy above 1930 for targets of 1945 and 1954

LNT : Buy above 1420 for targets of 1438 and 1455

US markets ended higher.
Europe ended higher too.
Asia is ought to open positive.
Expect the Indian Markets to open positive. With a Gap up opening of 200 to 250 points.
The support for the Sensex is 14150 and the resistance to the up move is at 14381-14548
Nifty: (4234) the support for the Nifty is at 4200 and the resistance to the up move is at 4255-4315

Day trading Ideas :

RNRL : Buy above 79.90 for targets of 81.45 and 83.20. SL of 77.90

Rajesh Export : Buy above 38.10 for targets of 39.45. SL of 36.85

LNT : Buy above 1450 for targets of 1471 and 1484. Sl of 1435

Hindalco : Buy above 80.25 for targets of 81.85 and 82.90. SL of 78.10

Sterlite Ind. : Buy above 632 for targets of 640 and 649.50. SL of 626