BSE Sensex 18799.66 132.95 0.71%
NIFTY (S&P CNX) 5640.05 32.20 0.57%
India VIX 15.92 -0.05 -0.31%
Thu, Sep 09, 2010 4:02PM IST
India Markets Closed.
 
 
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tovikash
Vikash Agarwal

Market Outlook for 08th March....

Posted 6 months ago by Vikash Agarwal
Category: Calls & Tips
Sentiment: Bullish

 
Analysis:

Hi,

Market Technicals for the next 5 Trading Days
Indian Markets Technicals


We expect Nifty & Sensex to touch 5133 & 17152 above 4973 & 16632.
If the markets moves below 4973 & 16632 levels, then it will try to touch 4813 & 16112 levels.

US Markets Technicals

We expect DowJones & Nasdaq to touch 10586 & 2331 above 10449 & 2287.
If the markets moves below 10449 & 2287 levels, then it will try to touch 10311 & 2242 levels.

Economy
We expect the production of Barley in Australia to rise by 1-2% in next 3 years.
The production of Barley in Ukraine is also expected to rise by 23-24% in next 3 years.

Derivatives Calls
Futures (Weekly)


Buy Nifty Mar.'10 at current levels with a target of 5133.00 & with a stoploss below 5065.00.
Buy BankNifty Mar.'10 at current levels with a target of 9130.00 & with a stoploss below 9029.00.

Very Long Term Delivery Calls (1-2 Years)
We strongly recommend a buy on Mcnally Bharat Engg. Co. Ltd. at current levels with a long-term target of 759.00.
We strongly recommend a buy on Merck Ltd. at current levels with a long-term target of 1288.00.


Long Term
Delivery Calls (4-6 Months)

We strongly recommend a buy on Rallis India Ltd. at current levels with a long-term target of 1744.00.
We strongly recommend a buy on Rana Sugars at current levels with a long-term target of 21.00.

Medium Term Delivery Calls (3-4 Months)
We strongly recommend a buy on Torrent Power Ltd. at current levels with a medium-term target of 528.00
& with a stoploss below 207.00.
We strongly recommend a buy on Trent Ltd. at current levels with a medium-term target of 1299.00 & with a stoploss below 598.00.

Short Term Delivery Calls (1-2 Months)
Buy Triveni Engg. & Inds. Ltd. at current levels with a short-term target of 150.00 & with a stoploss below 122.00.
Buy Tube Invt. of India Ltd. at current levels with a short-term target of 94.00 & with a stoploss below 76.00.

Very Short Term Delivery Calls (5-10 Days)
Buy ACC Ltd. at current levels with a very short-term target of 1044.00 & with a stoploss below 938.00.
Buy Adani Enterprises Ltd. at current levels with a very short-term target of 539.00 & with a stoploss below 485.00.
Buy Aditya Birla Nuvo Ltd. at current levels with a very short-term target of 938.00 & with a stoploss below 832.00.
Buy Allahabad Bank at current levels with a very short-term target of 151.00 & with a stoploss below 134.00.

Performance of Calls

Fortis Healthcare Ltd. buy call given @ 109.95 has achieved its target of 166.00 & has given a profit of 50.98% in 5 Months.
Ultratech cement Ltd. buy call given @ 827.90 is closed & has given a profit of 23.60% in 3 Months.
Jai Mata Glass Ltd. buy call given @ 2.41 has achieved its target of 4.00 & has given a profit of 65.98% in 20 Days.
Apcotex Inds. Ltd. buy call given @ 74.50 is closed & has given a profit of 51.68% in 3 Months.
 
Please let me know your thoughts on this subject. I look forward to hearing from you. Thank you for letting me express my concerns to you.

Regards
Vikash Agarwal
Rourkela. Orissa. India
Mobile : +919437202566.