Stock Trading Tips, Analysis & News

4:00 PM - The Asian markets closed mixed but European markets were trading firm. Positive global cues made the Indian market look good, which closed with a strong rally. Sensex shut shop at 9716, up 182 points and Nifty at 2979, up 57 points from the previous close. CNX Midcap index was up 2.20% and BSE Smallcap index was up 1.79%. The market breadth was positive with advances at 886 against declines of 307 on the NSE. Top Nifty gainers included Satyam Computers, Idea and RCom while losers included Grasim, Tata Steel and RPL.

3:55 PM - Sell MTNL with a target of Rs 68 and stop loss of Rs 83, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 80, up 2.17% on the BSE.

3:51 PM - Hold Core Projects with a short-term target of Rs 60, says Sandeep Jain of Tradeswift, on CNBC Awaaz. The stock can be bought around Rs 35, he adds. It is currently trading at Rs 48, up 3.72% on the BSE.

3:47 PM - This is a strong bear market rally and Nifty could now go up to 3050-3100, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. One could book two-thirds of profits at higher levels, he adds.

3:44 PM - The year-end rally is likely to stay intact for now, says E Mathew, technical analyst, on CNBC Awaaz. Nifty made a smart reversal from the strong support zone of 2810 and now it has strong resistance at 3050-3150, he adds.

3:40 PM - It was a good close after a weak start today. Sensex closed at 9690, up 156 points (provisional) and Nifty at 2967, up 45 points (provisional) from the previous close. CNX Midcap index was up 2.16% and BSE Smallcap index was up 1.74%. The market breadth was positive with advances at 859 against declines of 325 on the NSE.

3:35 PM - Book profits in Nifty long positions, says Rajat Bose, technical analyst, on CNBC-TV18, as closing market strategy.

3:30 PM - Hold Nifty long positions with stop loss of 2940 and target of 3040-3050, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy.

3:25 PM - Sell IVRCL Infra with a target of Rs 110 and stop loss of Rs 155, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 145, up 4.56% on the BSE.

3:20 PM - The bad news in the market will be out by the first half of 2009, says Aditya Samant, ING Financial Planning, on NDTV Profit. The next 12 months will be a good time for investors to actively build their portfolio, he adds.

3:15 PM - The valuations of Reliance Communications look good at current levels for the long term, says Deven Choksey of KR Choksey, on CNBC-TV18. For now Bharati Airtel is ahead with a six-month lead, but RCom will catch up and be able to offer more value going ahead owing to its network reach, he adds.

3:11 PM - Reliance Communications has invested Rs 10,000 crore on its nationwide GSM rollout, says Anil Ambani, chairman of ADAG, on NDTV Profit. The nationwide GSM rollout will include 11,000 towns, he says. The company has completed the rollout in 15 months, 6 months ahead of schedule, he adds. RCom will offer ‘enhanced’ GSM services nationwide, he says. The stock is currently trading at Rs 229, up 7.89% on the BSE.

3:04 PM - The market is looking good. Sensex is trading at 9768, up 235 points and Nifty is at 2991, up 69 points from the previous close. CNX Midcap index is up 2.08% and BSE Smallcap index is up 1.57%. There is buying in technology, banking, realty and auto stocks. The market breadth is positive with advances at 863 against declines of 306 on the NSE.

2:56 PM - Buy IDFC with a short-term target of Rs 72-73 and once that is crossed it could go up to R 88-112, says Ashwani Gujral, technical analyst, on CNBC TV18. Maintain a stop loss of Rs 55, he adds. The stock is currently trading at Rs 67, up 1.42% on the BSE.

2:50 PM - Buy Canara Bank with a target of Rs 213 and stop loss of Rs 180, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 193, up 0.57% on the BSE.

2:44 PM - Buy HCC with a target price of Rs 65 for 12-24 months, says Gaurang Shah of Geojit Financials, on CNBC TV18. The company has an order book of Rs 9000 crore, he adds. The stock is currently trading at Rs 51, up 3.87% on the BSE.

2:34 PM - Buy ABG Shipyard with a target of Rs 124 and stop loss of Rs 94, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 116, up 11.71% on the BSE.

2:26 PM - The time to go long in the market was around Nifty 2800 levels, says Ashwani Gujral, technical analyst, on CNBC TV18. Nifty is showing strength with a range of 2810-3100, he feels. Nifty is preparing for a long upmove now, he adds.

2:17 PM - The market is likely to be in a Nifty range of 2800-3000 in the short term, says Alok Agarwal of KR Choksey, on CNBC Awaaz. If the rupee appreciates, the market may see the return of FII inflows in the medium to long term which could take the market up, he adds.

2:09 PM - Crnindia.com maintains a buy call on Central Bank of India with a target of Rs 42 and stop loss of Rs 38, reports CNBC Awaaz. The stock is currently trading at Rs 39, up 1.15% on the BSE.

2:02 PM - The European markets have opened strong. Positive global cues see the Indian market also trade strong. Sensex is trading at 9671, up 137 points and Nifty is at 2955, up 33 points from the previous close. CNX Midcap index is up 1.39% and BSE Smallcap index is up 1.26%. The market breadth is positive with advances at 821 against declines of 327 on the NSE.

1:53 PM - Buy Godrej Consumers with a target of Rs 162, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 143, up 3.29% on the BSE.

1:45 PM - Hold ICICI Bank as it has resistance at Rs 470-480 after which it will see a breakout and that could take the stock up to Rs 525-560, says Anuj Dixit, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 390, he adds. The stock is currently trading at Rs 453, up 1.92% on the BSE.

1:37 PM - Asian Paints is a stable stock and can give 20% returns in the next one year, says Ganesh Shanbag of SMS Financial, on CNBC Awaaz. The stock is currently trading at Rs 877, up 0.34% on the BSE.

1:30 PM - Buy Mercator Lines with a short-term target of Rs 40 after which it could see a breakout, says MB Singh, technical analyst on Zee Business. The stock is currently trading at Rs 31, up 3.92% on the BSE.

1:24 PM - Areva T&D can give 40% returns in the next one year, says Ganesh Shanbag of SMS Financial, on CNBC Awaaz. The stock is currently trading at Rs 206, up 2.92% on the BSE.

1:14 PM - The Asian markets are trading mixed. The Indian market is trading quiet as the morning gains fizzle out. Sensex is trading at 9517, down 15 points and Nifty is at 2906, down 15 points from the previous close. CNX Midcap index is up 0.65% and BSE Smallcap index is up 0.89%. The market breadth is positive with advances at 720 against declines of 403 on the NSE.

1:04 PM - If Rolta closes above Rs 135, then one may see a sustainable uptrend setting in, says Rahul Mohindar, technical analyst, on CNBC Awaaz. But there’s not significant clarity on a breakout here yet, he adds.

12:55 PM - Jyoti Structures has support at Rs 52 and will see resistance at Rs 88, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 72.80, up 4.9 % on the BSE.

12:48 PM - Hold Thermax for short term and sell it close to Rs 200-215, says Vijay Bhambwani, technical analyst, on CNBC-TV18. It has support at Rs 150 and will see significant resistance close to Rs 225, he adds. The stock is currently trading at Rs 179.90, up 1.5% on the BSE

12:41 PM - Hold Siemens for short term and sell it close to its resistance level of Rs 325, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The stock has a support at Rs 210, he adds. The stock is currently trading at Rs 270.20, down 0.8% on the BSE

12:31 PM - ABB has support at Rs 380 and will see resistance at Rs 580, says Vijay Bhambwani, technical analyst, on CNBC-TV18. He recommends to invest here with a view of at least two years. The stock is currently trading at Rs 440, up 0.1% on the BSE

12:23 PM - Buy BEML with a long term view of 2 years at Rs 270-280, says Vijay Bhambwani, technical analyst, on CNBC-TV18.The stock can rise to Rs 550, he adds. The stock is currently trading at Rs 328.50, up 2.8% on the BSE

12:12 PM - Colgate Palmolive is a cash rich company and can give 20% returns in the next one year, says Ganesh Shanbag of SMS Financial, on CNBC Awaaz. The stock is currently trading at Rs 408, down 0.49% on the BSE.

12:12 PM - Crompton Greaves has support at Rs 105 and will see resistance at Rs 155-160, says Vijay Bhambwani, technical analyst, on CNBC-TV18. He recommends to exit if the stock violates the support. The stock is currently trading at Rs 131.40, up 1% on the BSE.

12:03 PM - Emkay Global Financial Services recommends ‘hold’ rating on Satyam Computer, with a target price of Rs 212, reports CNBC-TV18. The stock is currently trading at Rs 155.50, up 4.9% on the BSE.

11:55 AM - L&T has support at Rs 660 and will see resistance at Rs 900, says Vijay Bhambwani, technical analyst; on CNBC-TV18.He recommends investors to buy this share as it will show consistency in its performance in 2009. The stock is currently trading at Rs 751, up 1.3% on the BSE

11:45 AM - Punj Lloyd has support at Rs 125-110 and will see resistance at Rs 165, says Vijay Bhambwani, technical analyst, on CNBC-TV18.He recommends long term investors to buy this share and give it 2 years of time to achieve profits. The stock is currently trading at Rs 141.50, down 2.1% on the BSE

11:38 AM - Hold Praj Industries for the short term and sell it close to its resistance level of Rs 78-80, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock has support at Rs 50, he adds. It is currently trading at Rs 63.35, up 2.3% on the BSE.

11:31 AM - Do not expect too much of an upside in Bharat Forge, at least for the next 3-4 quarters, says Gaurang Shah of Geojit Financial Services, on Zee Business. Therefore, it is best to exit the stock on rallies, he suggests. It is currently trading at Rs 81.95, up 1.7% on the BSE.

11:23 AM - Exit IFCI on upsides and look at entering largecaps, says Gaurang Shah of Geojit Financial Services, on Zee Business. The stock is currently trading at Rs 21.50 on the BSE.

11:13 AM - On declines, one can look at buying in sectors like power, capital goods and engineering, says Gaurang Shah of Geojit Financial Services, on Zee Business. His picks here include NTPC, Power Grid, Alstom Projects and Punj Lloyd. But have 1.5-2 years view on them, he suggests.

11:05 AM - The market is off the day’s highs, but is still trading in the positive terrain. Sensex is at 9,575, up 42 points from the previous close. Nifty is flat at 2923, up just 1 point. BSE Midcap index is up 1.1% and BSE Smallcap index, up 1%. Realty, auto, metal and banking stocks are witnessing buying interest, while oil & gas stocks are seeing some selling pressure.

11:00 AM - Do not invest in Satyam Computer at the current price, says Gaurang Shah of Geojit Financial Services, on Zee Business. It can go up to Rs 160-170 maximum, he says. To go beyond this, it will require a lot effort or some big good news, he epxlains. The stock is currently trading at Rs 154.70, up 4.4% on the BSE.

10:52 AM - The Nifty will be at 2700-2800 before the results, says Ashwani Gujral, technical analyst, on CNBC-TV18. It will cross 3000 levels post results, he adds. It may cross 3200 levels too, he says.

10:43 AM - One can look at getting into Satyam Computer on bad news, close to Rs 114-110 and exit it on good news, at around 159-160, says Ashwani Gujral, technical analyst, on CNBC-TV18. If it moves above Rs 160, the stock will face significant resistance at Rs 200, he adds. It is currently trading at Rs 156, up over 5% on the BSE.

10:34 AM - The next levels that SAIL may see are Rs 90 and then Rs 103, says Ashwani Gujral, technical analyst, on CNBC-TV18. It has support at Rs 65, he adds. The stock is currently trading at Rs 77.75 on the BSE.

10:26 AM - Unitech has support at Rs 30-33, where one may buy the stock and sell at resistance, Rs 49, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 39.10, up over 3% on the BSE.

10:18 AM - IDFC has support at Rs 57 and can go up to Rs 74-83, says Ashwani Gujral, technical analyst, on CNBC-TV18. The worst may be over for the stock, he adds. It is currently trading at Rs 67.50, up 1.1% on the BSE.

10:11 AM - Wait for 12.30-1 PM to take any action in the market because it tends to reverse from its opening around that time, says Ashwani Gujral, technical analyst, on CNBC-TV18. If you are long, then it is advisable to book some profits at higher levels, he suggests.

10:04 AM - The market has opened higher on Tuesday, but is slowly giving up its gains. Sensex is at 9,609, up 76 points from the previous close. Nifty is at 2940, up 18 points.

9:59 AM - The market will see a positive opening today, says Sharmila Joshi, market analyst, on CNBC Awaaz. Metal and real estate may continue to see buying today, she adds.

9:53 AM - Prabhudas Lilladher recommends ‘reduce’ on Balrampur Chini Mills, with a target price of Rs 28, reports CNBC-TV18. The stock is at Rs 45.60 on the BSE.

9:48 AM - India Infoline recommends ‘buy’ on Kingfisher Airlines at Rs 35 and on declines, keeping a stoploss below Rs 28, reports CNBC-TV18. The stock has targets of Rs 45 and Rs 50-55, it adds. It is at Rs 37.30 on the BSE.

9:38 AM - The rally seen in the market is getting set up for a fairly steep and long decline in the months of January, February and March, says Vibhav Kapoor of IL&FS, on CNBC-TV18. He expects the Indian market to retest their October lows.

ninad avasare
Stock Trading Robot

1.Satyam has Presence across the Globe (20 Industries ,65 Countries) more diverse than Wipro & INFY. This does happen by accident. This spread helps Satyam in tough economic conditions. Did you know outside India in Asia Pac Satyam revenue are more than any of the Top 3 Indian IT services firm. De-risked Geographic revenue distribution 21% Europe, 17% Asia Pac, 62% America`s. Best present to leverage emerging markets.
2. Satyam has Mature Practices DWBI & ERP. HCL had to spend over 0.5 Bn to get the ERP skills which we already have. they just saved $ 0.5 Bn
3. Revenues & Net Income have Grown Five-fold over last 5 years. This by sheer hard work by 50,000 people. Not by accident
4. FY08 was the 5th successive year of greater 35% Growth in Net Income. Show`s how they have got profits year after year.
5. 32% revenue coming from New & Emerging vertical : Satyam has diversified and expanded is industry depth.
5. Deepest Fortune 500 client penetration 185, Total 690 clients. Clients continue to support Satyam in spite of the issues that have surfaced in last 10 days. Company has as many clients as Infosys and strong fundamentals then why worry?
6. Company has the largest cash reserve to revenue ratio in IT industry as a result of company employees under management direction ? why question it now?
7. Client delight index is a 4.5 out of 5, client retention is 98% ? clients are an asset ? do not loose sight of the fact and do not slight Satyam and management for just one aberration ? it is an organization and not just a script on the BSE/ NYSE

4:01 PM - It was a good day for the market that picked up strong global cues post lunch and closed with a smart rally. The rally was led by banking, metal and oil and gas stocks. Sensex shut shop at 9533, up 204 points and Nifty at 2922, up 64 points from the previous close. CNX Midcap index was up 1% and BSE Smallcap index was up 0.65%. The market breadth was positive with advances at 666 against declines of 520 on the NSE. Top Nifty gainers included SAIL, Satyam Computers and Cairn India while losers included Tata Motors, Maruti and Tata Power. » Send to friends

3:56 PM - Buy Patel Engineering it has strong resistance at Rs 191 if that is crossed decisively it has a target of Rs 286, says E Mathew, technical analyst, on CNBC TV 18. Maintain a stop loss of Rs 135, he adds. The stock is currently trading at Rs 171, up 3.5% on the BSE. » Send to friends

3:52 PM - Buy Bombay Dyeing with a target of Rs 199-205-212 and stop loss of Rs 176, says Tejas Nandu of Unicorn Investments, on CNBC Awaaz. The stock is currently trading at Rs 184, up 1.18% on the BSE. » Send to friends

3:45 PM - The market has shown a smart pullback rally with strong support at 2800-2820, says Gaurang Shah of Geojit Financials, on Zee Business. If it can sustain these levels, 2965-3000 is possible on Nifty, he feels. But frontline stocks need to participate to take the market up, he adds. » Send to friends

3:42 PM - This is the last phase of the bear market that could last 4-12 weeks, reports JM Financial, on CNBC TV18. The market could see another bout of selling in January, he feels. There could be a massive price destruction and the market could see levels of 7000 on Sensex and 2020 on Nifty, he adds. » Send to friends

3:38 PM - After a weak start the market bounced post lunch and closed strong. Sensex closed at 9543, up 214 points (provisional) and Nifty at 2929, up 72 points (provisional) from the previous close. CNX Midcap index was up 1.24% and BSE Smallcap index was up 0.78%. The market breadth was positive with advances at 679 against declines of 512 on the NSE. » Send to friends

3:32 PM - Book profits in Nifty long positions, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy. Nifty near its resistance levels of 2930-2938, he adds. » Send to friends

3:29 PM - Hold Nifty long with stop loss of 2900 and target of 3020 and buy RIL with a stop loss of Rs 1220 and target of Rs 1310, says Rahul Mohindar, technical analyst, on CNBC-TV18, as closing market strategy. » Send to friends

3:26 PM - Buy KEC International as it has an upside target of 40% in the long term, says Ashish Maheshwari of Globe Capital, on CNBC Awaaz. The stock is currently trading at Rs 151, down 0.8% on the BSE. » Send to friends

3:21 PM - KEC International has bagged new orders worth Rs 636 crore from Egypt, says the MD of the company, on CNBC Awaaz. The company has an order book of Rs 5000 crore, he adds. The stock is currently trading at Rs 151, down 0.8% on the BSE. » Send to friends

3:15 PM - The market could retest the October lows and Sensex could go to 8000-8500 levels, says Manishi Raychaudhuri Head of India Research BNP Paribas Securities, on CNBC TV18. The broad range for 2009 for the market could be 8500-11500, he adds. » Send to friends

3:10 PM - The market is likely to be range bound till mid-Januray when earnings season begins, says Dipan Mehta, BSE/NSE Member, on CNBC-TV18. The market is likely to see volatility once results start and then one will get an idea on the direction of the market, he adds. » Send to friends

3:05 PM - Sensex has strong support at 9200 and may find it difficult to sustain 9630, says Hemen Kapadia, technical analyst, on CNBC Awaaz. In the medium term there is a downside bias in the market, he adds. » Send to friends

3:02 PM - The Asian markets closed mixed and European markets are looking smart. The Indian market is looking good led by the banking, metal, oil and gas space. Sensex is trading at 9485, up 156 points and Nifty is at 2909, up 52 points from the previous close. CNX Midcap index is up 0.53% and BSE Smallcap index is up 0.13%. The market breadth is negative with advances at 628 against declines of 539 on the NSE. » Send to friends

2:51 PM - Buy Union Bank with a long-term target of Rs 200, says Vaibhav Agarwal of Angel Broking on CNBC Awaaz. The stock is currently trading at Rs 160, up 2.1% on the BSE. » Send to friends

2:43 PM - Buy Wipro with a target of Rs 238-246 and stop loss of Rs 212, says Tejas Nandu of Unicorn Investments, on CNBC Awaaz. The stock is currently trading at Rs 220, down 3.4% on the BSE. » Send to friends

2:35 PM - Buy Excide Industries with a long-term target of Rs 84, says Daljeet Singh Kohli of Emkay Global Financial Securities, on CNBC TV18. The stock is currently trading at Rs 48, up 4.3% on the BSE. » Send to friends

2:27 PM - Buy Mahindra & Mahindra with a target of Rs 280-290 and stop loss of Rs 246, says Tejas Nandu of Unicorn Investments, on CNBC Awaaz. The stock is currently trading at Rs 253, down 4.5% on the BSE. » Send to friends

2:18 PM - HDFC has a year’s target of Rs 2,010-2,050, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock is currently trading at Rs 1435, down 0.85% on the BSE. » Send to friends

2:11 PM - Buy RIL with a target of Rs 1290-1315 and stop loss of Rs 1186, says Tejas Nandu of Unicorn Investments, on CNBC Awaaz. The stock is currently trading at Rs 1228, up 1.32% on the BSE. » Send to friends

2:02 PM - The European markets have opened in the positive. Good global cues has seen our market recover. Sensex is trading at 9393, up 64 points and Nifty is at 2879, up 22 points from the previous close. CNX Midcap index is down 0.12% and BSE Smallcap index is down 0.34%. The market breadth is negative with advances at 501 against declines of 663 on the NSE. » Send to friends

1:57 PM - Buy Satyam with a target of Rs 154-159-165 and stop loss of Rs 141, says Tejas Nandu of Unicorn Investments, on CNBC Awaaz. The stock is currently trading at Rs 154, up 13.7% on the BSE. » Send to friends

1:51 PM - Buy Satyam around Rs 120-125 as it is the fourth largest software company in the IT space with good fundamentals, says Ashish Kapoor, CEO of Investshoppe, on CNBC Awaaz. The management is likely to restructure the board with a meet on the cards, he says. The issue of corporate governance is likely to be taken care of, he adds. The stock is currently trading at Rs 154, up 13.7% on the BSE. » Send to friends

1:44 PM - One can look at buying Tata Steel at Rs 150 or so for the long term, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 207, down 2.13% on the BSE. » Send to friends

1:36 PM - Tata Steel has an upside of 40-45% in the next one year, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock is currently trading at Rs 207, down 2.13% on the BSE. » Send to friends

1:27 PM - Hold Punj Lloyd with a short term target of Rs 157-160 where one can book partial profits, says MB Singh, technical analyst on Zee Business. Once it crosses Rs 160 then in next rally it can go to Rs 215-220 and one can keep a stop loss of Rs 127, he adds. The stock is currently trading at Rs 141, down 0.77% on the BSE. » Send to friends

1:18 PM - The downside in Bharat Electronics is limited, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock can go up to Rs 1,050-1,100 in a year, he adds. The stock is currently trading at Rs 680, down 1.6% on the BSE. » Send to friends

1:11 PM - Hem Securities has a ’sell’ rating on DLF, with a target price of Rs 235, reports CNBC Awaaz. Keep a stoploss of Rs 290 here, it suggests. The stock is currently trading at Rs 262.90, down 4.9% on the BSE. » Send to friends

1:04 PM - SBI has a year’s target price of Rs 1,700-1,800, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock is currently trading at Rs 1,225, down 1.6% on the BSE. » Send to friends

12:57 PM - BEML has high growth potential in the long term, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock can appreciate 40-45% in the next 12-15 months, he says. It is currently trading at Rs 314.25, up 0.7% on the BSE. » Send to friends

12:50 PM - One will see Bharat Forge appreciate by 45-50% from the current levels in the next 12-15 months, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock is currently trading at Rs 81, up 2.8% on the BSE. » Send to friends

12:43 PM - IDFC can give 75-80% returns in the next one year, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. The stock is currently trading at Rs 60.15, up 1.3% on the BSE. » Send to friends

12:35 PM - Uttam Galva will face resistance at Rs 30, close to which one can look at exiting the stock, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. It has good support at Rs 23, but if this is broken, quit the stock, he suggests. It is currently trading at Rs 26.60, down 0.2% on the BSE. » Send to friends

12:28 PM - Reliance Industries is available at very attractive valuations now, says Deven Choksey of KR Choksey Securities, on CNBC Awaaz. It has a year’s target of Rs 1,750-1,850, he adds. The stock is currently trading at Rs 1,212, down 2.4% on the BSE. » Send to friends

12:18 PM - Hem Securities as a ’sell’ rating on Infosys, with a target price of Rs 1,030, reports CNBC Awaaz. Kepp a stoploss of Rs 1,160 here, it suggests. The stock is currently trading at Rs 1,072, down 3.4% on the BSE. » Send to friends

12:11 PM - Continue to hold Sesa Goa, keep a stoploss of Rs 75, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock will face resistance at Rs 90-92, but once this is crossed, it can go up to Rs 100-110, he adds. It is currently trading at Rs 80.30, down 0.5% on the BSE. » Send to friends

12:05 PM - Do put in fresh money in Jindal Steel and wait for lower levels, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. If it breaks Rs 820, then it can see levels of Rs 638 or below, where one can buy for investment, he suggests. On the upside, it will face resistance at Rs 980, he adds. It is currently trading at Rs 869.30, up 1.1% on the BSE. » Send to friends

11:56 AM - Anagram Research recommends investors to ‘accumulate’ Bharat Electronics on declines, at around Rs 640- 660 for a target of Rs 780 in the medium term, reports CNBC-TV18. The stock is currently trading at Rs 690.70 on the BSE. » Send to friends

11:47 AM - Sterlite Industries can be bought between Rs 200 and Rs 165, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. Hold the stock for medium to long term, he suggests. It will face resistance at Rs 315, he says. The stock is currently trading at Rs 245, down 1.6% on the BSE. » Send to friends

11:39 AM - One can look at buying Hindalco for the medium to long term between Rs 38 and Rs 30, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. On the upside, it will face resistance at Rs 60-70, he adds. The stock is at Rs 48.70, up 0.3% on the BSE. » Send to friends

11:30 AM - It will not be surprising to see Pyramid Saimira fall to Rs 35-30, says Ambareesh Baliga of Karvy Stock Broking, on CNBC Awaaz. The stock is at Rs 49.55 on the BSE. » Send to friends

11:23 AM - Earnings may see 20% drop, excluding banks, says Raamdeo Agarwal of Motilal Oswal Securities, on CNBC-TV18. Impact of elections, Indo-Pak tensions cannot be ruled out, he says. Also, one may see derating of companies with poor corporate governance, he says. » Send to friends

11:14 AM - The market is still trading lower. Sensex is at 9,176, down 152 points from the previous close. Nifty is at 2815, down 41 points. BSE Midcap index is down 0.9% and BSE Smallcap index, down 0.9%. Oil & gas and metal stocks are seeing slight buying, whereas realty, auto, IT and capital goods stocks are witnessing tremendous selling pressure. » Send to friends

11:10 AM - If one has a view of 1-1.5 years, then look at buying Satyam Computers at Rs 115-120, says Hemang Jani of Sharekhan, on CNBC Awaaz. Otherwise, stay away from it, he suggests. The stock is trading at Rs 135.50, up 0.4% on the BSE. » Send to friends

11:03 AM - Expect a volatile market in January, says Ajay Bagga of Financial Planning Standards Board of India, on CNBC-TV18. There is strong sense of risk aversion in the markets and allocation in equities is very low, both domestically as well as internationally, he adds. » Send to friends

10:57 AM - The earnings results in January are expected to disappoint, says Hemang Jani of Sharekhan, on CNBC Awaaz. Therefore Nifty is expected to trade in a broad range of 2600-3200, he adds. » Send to friends

10:49 AM - One can look at 2009 as a good year for investing, says Raamdeo Agarwal of Motilal Oswal Securities, on CNBC-TV18. The market may see ‘better days’ in the second half of 2009/2010, he adds. Investors need to be patient and buy companies available at cheap valuations, he suggests. » Send to friends

10:42 AM - L&T is a good buy for investment below Rs 700, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is at Rs 744.40 on the BSE. » Send to friends

10:36 AM - Sell Satyam and switch to Infosys or TCS, says Pankaj Pandey of ICICI Securities, on NDTV Profit. Fair value for Satyam is RS 128, he adds. It is currently trading at Rs 131, down 3.32% on the BSE. » Send to friends

10:29 AM - Cairn India has an upside of Rs 5-6 from the current levels, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 159.75, down 0.3% on the BSE. » Send to friends

10:21 AM - Volatility in the market will be low today, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. One has to wait for a day or two before the market decides on a direction, he adds. » Send to friends

10:13 AM - Satyam Computer and the entire IT sector is a ’sell on rallies’ now, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. Satyam is at Rs 135.50 on the BSE. » Send to friends

10:05 AM - The market has seen a flat opening on Monday. Sensex is trading at 9326, down 2 points and Nifty is at 2848, down 9 points from the previous close. » Send to friends

10:00 AM - Key level to watch on Sensex is 9280, says Pankaj Pandey of ICICI Securities, on NDTV Profit. If 9820 is violated, the market could retest the October lows, he adds. RIL could retest the lows and lead the downside, he feels. » Send to friends

9:57 AM - The market may open lower but marginally, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. Nifty has good support at 2800 where one can see buying emerge, he adds. Metal stocks can be looked at as they could see some bounceback, he feels. Hindalco and Nalco could give some bounce and could be good trading opportunities, he says. » Send to friends

9:51 AM - The general elections will be a key factor next year for the market, says Gul Tekchandani, investment strategist, on NDTV Profit. The worst is getting discounted and one can expect the market to rise once liquidity flows back, he says. Liquidity is still not moving the way it should, he adds. » Send to friends

9:46 AM - The market is likely to trade dull today with a push on the negative side, says Sudarshan Sukhani, technical analyst, on CNBC TV18. One could book profits at 2800 as there is strong support at 2750-2700, he adds. » Send to friends

ninad avasare
Stock Trading Robot