13-July-12
“Extremely nervous looking market on yesterday's technical closing level. Couple of bad News impacted heavily on market sentiments. Nifty spot has posted very weak closing and by staying below 5263 it was all expected. See day's high made by Nifty yesterday, precisely at 5261.75 which is showing Nifty was very weak at opening and its biggest attempt to overcome from selling pressure was also 2 points shorter than what was at least required. This is perfect example of how technical level can play deciding role in intraday market trading. Turning back to today 5263 is now tough intraday resistance level for market today and unless Nifty spot holds above this no hope for major recovery is expected. Remember Nifty spot has given closing well below 5263 almost 30 points below from its toughest intraday resistance yesterday which is also acting as important resistance level today. If Indian market has to show real move here It must attempt big move over 5263 after opening higher say at least close to 5300 for today to reverse its falling pattern.” As one can easily find out 5263 is what our Nifty experts thought an important technical level on last Friday and by looking at Nifty Stock Exchange performance on Friday it was well proven fact now as Nifty spot managed to test 5267.15 level just over by 4 points on what my technical experts identified as tough resistance level for intraday Indian markets. And by holding below 5263 eventually Indian share bazaar slipped into Red near to closing timing and registered day’s low at 5216.85 before finally closing at 5227.25 which is in fact negative finish for Nse market.
Some of our trading stock picks performance highlights were as under
TTK PRESTIGE Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
TTK PRESTIGE - Bse code - 517506 - last close - 3282.5 - BUY - 3235.8 - SL - 3200.1 - for TG1 Rs. 3344.4 and for TG2 Rs. 3411.2 - stock opened at Rs. 3299 hit intraday high Rs. 3366.5 hit intraday low Rs. 3282.5 stock was during trading up 2.5 % from previous close and closed at Rs 3296
JINDAL SOUTH Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
JINDAL SOUTH - Bse code - 532642 - last close - 638.6 - BUY - 626.3 - SL - 616.9 - for TG1 Rs. 656.9 and for TG2 Rs. 679.8 - stock opened at Rs. 644.4 hit intraday high Rs. 672 hit intraday low Rs. 640 stock was during trading up 5.2 % from previous close and closed at Rs 645.2
BATA INDIA Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
BATA INDIA - Bse code - 500043 - last close - 871.4 - BUY - 858 - SL - 845.1 - for TG1 Rs. 881.7 and for TG2 Rs. 911.5 - stock opened at Rs. 870 hit intraday high Rs. 894 hit intraday low Rs. 870 stock was during trading up 2.5 % from previous close and closed at Rs 884.7
TATA COFFEE Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
TATA COFFEE - Bse code - 532301 - last close - 952.7 - BUY - 943.7 - SL - 930.5 - for TG1 Rs. 961.1 and for TG2 Rs. 991.8 - stock opened at Rs. 958.6 hit intraday high Rs. 967.8 hit intraday low Rs. 945 stock was during trading up 1.5 % from previous close and closed at Rs 953.2
SOLAR IND Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
SOLAR IND - Bse code - 532725 - last close - 928.4 - BUY - 910.4 - SL - 881.4 - for TG1 Rs. 935.6 and for TG2 Rs. 954.3 - stock opened at Rs. 925 hit intraday high Rs. 943 hit intraday low Rs. 920 stock was during trading up 1.5 % from previous close and closed at Rs 926.4
GOENKA DIAM Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
GOENKA DIAM - Bse code - 533189 - last close - 183.3 - BUY - 173.1 - SL - 164.6 - for TG1 Rs. 186.4 and for TG2 Rs. 195.7 - stock opened at Rs. 184.2 hit intraday high Rs. 190 hit intraday low Rs. 183 stock was during trading up 3.6 % from previous close and closed at Rs 187.1
ONGC CORPN Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
ONGC CORPN - Bse code - 500312 - last close - 282.1 - BUY - 278.3 - SL - 274.1 - for TG1 Rs. 286.3 and for TG2 Rs. 292 - stock opened at Rs. 282.5 hit intraday high Rs. 285.7 hit intraday low Rs. 281.5 stock was during trading up 1.2 % from previous close and closed at Rs 284.7
ONELIFE CAP Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
ONELIFE CAP - Bse code - 533632 - last close - 430.3 - BUY - 402.6 - SL - 382.4 - for TG1 Rs. 451.8 and for TG2 Rs. 458.5 - stock opened at Rs. 430 hit intraday high Rs. 443 hit intraday low Rs. 412 stock was during trading up 2.9 % from previous close and closed at Rs 431.9
ASIAN PAINTS Targetting BSE Stock Price At Premarket EOD Trading Report 13-Jul-12
ASIAN PAINTS - Bse code - 500820 - last close - 3722.2 - BUY - 3689.1 - SL - 3657.1 - for TG1 Rs. 3769.7 and for TG2 Rs. 3845 - stock opened at Rs. 3715.1 hit intraday high Rs. 3750 hit intraday low Rs. 3700 stock was during trading up 0.7 % from previous close and closed at Rs 3710.2
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