Wednesday, June 27, 2007

GUYS SORRY FOR THE LATE UPDATE ,BUT I AM THERE IN RIGHT TIME

PLEASE WATCH WWW.MONEYSPIN.BLOGSPOT.COM for STOCKS RECOS

Friday, June 01, 2007

Nifty: 4295.80 +46.15 Points Sensex: 14544.46 +133.08 Points

FII Activity:
Cash Segment: 168.86 crores net buyers
Index Futures: 392.92 crores net buyers
Stock futures: 366.94 crores net sellers

Advance Decline ratio: 566:493
Outlook for 01Jun07:
Today is the first day of June series and introduction of Junior Nifty and CNX IT into the futures and options market. The roll overs from the May series are very good and the June series has the all time high open interest at the start of the series. Yesterday’s close is the all time high close for the spot Nifty. The global markets are trading marginally in the positive. Our markets also should open in the positive but technically many of the Nifty stocks are not showing great strength and can lose momentum in the later half to pull the indices down. Caution is advised at higher levels on an intraday basis. The tech stocks and the CNX IT is crucially poised and can fall further if it closes below 5190, else a bounce back. For today, the Nifty should face resistance at 4315-4334-4353 and should take support at 4271-4256-4240.

Futures Trading Calls:

Buy Deccan Aviation if sustains above 151 for target 162.
Buy GE Shipping at current levels for target 315.
Buy IDFC if sustains above 118.50 for target 123.

Sell Escorts if sustains below 121 for target 113.

Cash Market Calls:

Buy Aegis Logistics at current levels for target 158 and 175.
Buy GVK Power and Infra if sustains above 434 for target 457.
Buy Helios and Matheson if sustains above 147 for target 175.



Please Note:
1. All calls are for swing trading and should ideally hit the target within 8-10 trading sessions. Any calls other than swing calls will be specifically mentioned.
2. The calls provided on day 0 holds good for the next 2-3 trading sessions if sustains above/below the mentioned levels.

Wednesday, May 30, 2007

Nifty: 4293.25 +36.70 Points Sensex: 14508.21 +110.32 Points

FII Activity:
Cash Segment: 697.96 crores net buyers
Index Futures: 49.33 crores net sellers
Stock futures: 401.12 crores net sellers

Advance Decline ratio: 587:470

Outlook for 30May07:
Yesterday the markets closed above the level of 4270 for which we were looking for. Now the markets appear bullish and can go further up. Keep a stop loss of 4240 for your long positions now. Interest is coming back into the capital goods segment. The US markets closed flat with a positive bias. The cause of concern currently is the Chinese markets as they are trading 6% lower today ad the other asian markets are also down more than a percent down. It goes without saying that we will open in the negative. I feel the markets will bounce back from the lows. Technically the markets are not weak at all right now. For today, the Nifty should face resistance at 4300-4320-4340 and should take support at 4275-4255-4240.

Futures Trading Calls:

No calls today.

Cash Calls:

Buy Agro Dutch Industries if sustains above 32 for target 36 and 38.
Buy Excel Crop Care at current levels for target 135 and 150.
Buy Hind Oil Exploration if sustains above 108 for target 123.
Buy Paramount Communications if sustains above 37 for target 43.
Buy Texmaco at current levels for target 1150 with stop loss 1010.


Please Note: All calls are for swing trading and should ideally hit the target within 8-10 trading sessions. Any calls other than swing calls will be specifically mentioned.

Tuesday, May 29, 2007

Nifty: 4256.55 +8.40 Points Sensex: 14397.89 +59.44 Points

FII Activity:
Cash Segment: 180.65 crores net buyers
Index Futures: 346.06 crores net buyers
Stock futures: 263.90 crores net sellers

Advance Decline ratio: 619:452

Outlook for 29May07:
Yesterday the markets lost momentum in the last 30 minutes and came down to close flat. Even though it remained above the 4270 level throughout the day it failed to close above that level. Think to go long in Nifty only if it closes above 4270 the next time. For today, there is no cue available from the global markets as the US and UK markets were closed yesterday on account of memorial day. The Asian markets have a mixed trend today. There is a good possibility that we may open in the positive today. Again, the point to check is, whether it manages to close above 4270. The Nifty should face resistance at 4270-4295-4315 and on the lower side can take support at 4240-4230-4218.

Futures Trading Calls:

Buy BEML at current levels for target 1075.

Sell ABB if sustains below 4410 for target 4250.

Cash Calls:

Buy Unity Infraprojects at current levels of 462 for target 490.


Please Note: All calls are for swing trading and should ideally hit the target within 8-10 trading sessions. Any calls other than swing calls will be specifically mentioned.

Sunday, May 27, 2007

Nifty: 4248.15 +43.25 Points Sensex: 14338.45 +120.34 Points

FII Activity:
Cash Segment: 204.25 crores net sellers
Index Futures: 258.28 crores net sellers
Stock futures: 498.26 crores net sellers

Advance Decline ratio: 597:465

Outlook for 28May07:
On Friday, the markets opened weak and reversed to close with substantial gains. It displayed good amount of strength, BUT do not go and buy just yet. Markets are bullish only if spot Nifty closes above 4270. The trading range for Nifty now is 4260-4140. A close below 4140 is extremely bearish for the markets. It is advisable to stay out of the markets today and watch the proceedings. The US markets closed in positive on Friday and the Asian markets are expected to open strong on Monday. This implies that our markets will open in the positive. I expect the indices to slowly lose momentum and close in the negative. For today, the Nifty should face resistance at 4270-4291-4315 and should take support at 4218-4202-4182.

Futures Trading Calls:

Buy Wipro Ltd if sustains above 550 for target 565 and 585.

Cash Calls:

Buy Assam Company if sustains above 15.20 for target 19.00


Please Note: All calls are for swing trading and should ideally hit the target within 8-10 trading sessions. Any calls other than swing calls will be specifically mentioned.

Thursday, May 24, 2007

Nifty: 4246.20 -31.90 Points Sensex: 14363.26 -90.46 Points

FII Activity:
Cash Segment: 96.58 crores net buyers
Index Futures: 44.74 crores net buyers
Stock futures: 475.24 crores net sellers

Advance Decline ratio: 343:728

Outlook for 24May07:
As expected the markets lost momentum in the later session to close in the negative. The weaker sentiment is expected to continue for today’s first session as well. We can expect some buying in the later half and the indices can bounce back. If the Nifty closes below 4230 it is extremely negative for the markets and can loose another 100-150 points from these levels. Sector wise banking and technology stocks are looking weak. Tech stocks can bounce back in the later half on account of short covering. Real estate stocks should join them in pulling the markets up. For today, the Nifty should take support at 4232-4218-4188 and should face resistance at 4270-4290-4314.

Futures Trading Calls:

Sell Polaris if sustains below 164 for target 160.

Cash Calls:

Buy Nava Bharat Ventures if sustains above 151 for target 165.


Please Note: All calls are for swing trading and should ideally hit the target within 8-10 trading sessions. Any calls other than swing calls will be specifically mentioned.

Wednesday, May 23, 2007

Nifty: 4278.10 +17.20 Points Sensex: 14453.72 +35.12 Points

FII Activity:
Cash Segment: 340.56 crores net buyers
Index Futures: 171.18 crores net buyers
Stock futures: 452.20 crores net sellers

Advance Decline ratio: 448:610

Outlook for 23May07:
Yesterday the markets recovered in the last hour of trade to close almost at the day’s high. This might be on account on BTST buying and can help the markets open in the positive today. As expressed couple of days back the bank stocks are tiring and may not go further up for the time being. The biggies like SBI, HDFC Bank and ICICI Bank are looking to consolidate. For today, the indices can open in the positive and might loose momentum in the later session. The US markets closed flat and the Asian markets are trading in the positive. The Nifty should find resistance at 4283-4303-4330 and should take support at 4245-4235-4220.

Futures Trading Calls:

Buy TVS motors if sustains above 67 for target 75.
Buy Voltas if sustains above 100 for target 108.
Buy Sun Pharma at current levels for target 1150.
Buy IFlex if sustains above 2320 for target 2400 and 2480.
Buy Zee Tele if sustains above 319 for target 326.

Cash Calls:

No Calls for today.


Please Note: All calls are for swing trading and should ideally hit the target within 8-10 trading sessions. Any calls other than swing calls will be specifically mentioned.