3:53 PM - The market didn't seem to be nervous about the vote of confidence that is to take place tonight, and was positive for most of the trading session today. In fact, key indices closed well above important technical levels. Sensex ended the day at 14,104, up 254 points from the previous close. Nifty shut shop at 4240, up 80 points. CNX Midcap and BSE Smallcap indices gained 2% and 1.5% respectively. Power, FMCG, metal, banking and capital goods stocks led the rally, while auto stocks were the laggards. Top Sensex gainers include Reliance Infrastructure, BHEL, Wipro, ITC, SBI, Tata Steel, while losers were Maruti Suzuki, JP Associates, Tata Motors, among others.

3:47 PM - One can buy LIC Housing on dips, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It has support at Rs 200 and a short term support at Rs 240, he says. And short term resistance will come at Rs 280-300, he adds. The stock is at Rs 261.35, up 1.6% on the BSE.

3:40 PM - United Spirits has support at Rs 1,000-1,100, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. But it will face strong resistance at Rs 1,265, he adds. If this is crossed, then it can go up to Rs 1,350, he adds. But do not buy at current levels, as it is close to resistances, he suggests. It is at Rs 1,225, up 16.9% on the BSE.

3:32 PM - The market had a good day ahead of the vote of trust that is to take place within few hours and ended close to the day's high. Sensex ended at 14,152, up 302 points (provisional) from the previous close. Nifty shut shop at 4260, up 101 points (provisional).

3:28 PM - Book profits in Nifty longs; important support for Nifty is at 4100, says Ashwani Gujral, technical analyst, as market closing strategy, on CNBC-TV18.

3:21 PM - Buy Reliance Infrastructure with a target of Rs 947, keeping a stoploss of Rs Rs 875, says Rahul Mohindar, technical analyst, as market closing strategy, on CNBC-TV18.

3:14 PM - Hold Nifty Long with stoploss of 4300 and target of 4150, says Rahul Mohindar, technical analyst, as market closing strategy, on CNBC-TV18.

3:06 PM - Karur Vysya Bank will face resistance at Rs 305-335 and beyond that, at Rs 370-375, says Sanjeev Agarwal, market analyst, on CNBC Awaaz. Lower bottoms are possible here, he adds. The stock is currently trading at Rs 296.75, up over 7% on the BSE.

2:59 PM - Welspun Gujarat can go up to Rs 350 in the next few weeks, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It has support at Rs 280 and one can buy it whenever it comes close to this, he suggests. It is currently trading at Rs 315, up 7.3% on the BSE.

2:52 PM - Godrej Industries can re-test Rs 118, says market analyst, Sanjeev Agarwal, on CNBC Awaaz. On the upside, it will face resistance at Rs 185-240, where one can exit the counter, he adds. It is currently trading at Rs 144.40, up over 3% on the BSE.

2:42 PM - HEG has good support at Rs 160-170, where one can buy the stock, says market analyst, Sanjeev Agarwal, on CNBC Awaaz. The stock is currently trading at Rs 225.10, up 5.6% on the BSE.

2:35 PM - Alstom Projects will face resistances at Rs 470 and Rs 550, says market analyst, Sanjeev Agarwal, on CNBC Awaaz. It will take supports at Rs 310 and Rs 360, he adds. One should look to exit the stock at Rs 450-470 now and buy on declines again, he suggests. It is currently trading at Rs 417.90, up 6.5% on the BSE.

2:25 PM - Deccan Chronicle has a target price of Rs 250, says Jigar Shah of KR Choksey Securities, on CNBC-TV18. The stock is currently trading at Rs 103.15, down 0.4% on the BSE.

2:18 PM - SAIL took support at Rs 120 and maybe bottoming out now, says Amarjeet Singh, market analyst, on Zee Business. On the upside, it can go up to Rs 174-175, he adds. The stock is currently trading at Rs 135, up 7.$% on the BSE.

2:10 PM - India Infoline maintains 'buy' rating on Chennai Petroleum Corporation, with a target price of Rs 412, reports CNBC-TV18. The stock si currently trading at Rs 290.25, down 3.4% on the BSE.

2:01 PM - The market is still trading higher, but has lost some steam. Sensex is at 13,960, up 110 points from the previous close. Nifty is at 4196, up 36 points. CNX Midcap index is up 1.4% and BSE Smallcap index, up 1.3%.

1:54 PM - RNRL will face strong reistance at Rs 110, where one can look to exit the counter, says Amarjeet Singh, market analyst, on Zee Business. The seems to have taken support at Rs 55-60, but its major trend is down, he adds. It is currently trading at Rs 71.65, up 4.1% on the BSE.

1:46 PM - Suzlon Energy has a good long term support at Rs 185-190, says Amarjeet Singh, market analyst, on Zee Business. On the upside, it will face resistance at Rs 260, he adds. For now continue to hold the stock with a strict stoploss at Rs 180, he suggests. The stock is currently trading at Rs 197,85, up 1.5% on the BSE.

1:37 PM - NTPC is one of the stocks that has bottomed out well, says Amarjeet Singh, market analyst, on Zee Business. It has long term support at Rs 145-155, he adds. It will face resistance at Rs 205, but once this is crossed decisively, it can go up to Rs 245, he adds. The stock is currently trading at Rs 184, up 1.4% on the BSE.

1:30 PM - The major trend of Punj Lloyd is down, but intermediate trend seems up, says Amarjeet Singh, market analyst, on Zee Business. The stock seems to have attracted good buying at lower levels, he adds. If it crosses Rs 290 decisively, then its next target will be Rs 390, he says. The stock is currently trading at Rs 242, up 6% on the BSE.

1:21 PM - In the telecom space, if you have conviction, then continue to stay with Bharti Airtel as an investor, says Sushil Kedia of K&A Securities, on CNBC-TV18. But Reliance Communications has a much better tradable trend upwards than Bharti, he adds.

1:12 PM - If 4,090 breaks, then there is a strong support at 3,960 for the Nifty, says Sushil Kedia of K&A Securities, on CNBC-TV18. And even if this government does not sail through, Nifty may not fall lower than 3,960,he adds.

1:04 PM - Sensex is well above 14,000 at 14,079, up 229 points from the previous close. Nifty is at 4229, up 70 points. CNX Midcap index is up 1.8% and BSE Smallcap index, 1.6%. All sectoral indices, except that for autos, are trading higher.

12:59 PM - HDFC Bank may see 30%-35% pullup from the current levels, says Sushil Kedia of K&A Securities, on CNBC-TV18. The stock is currently trading at Rs 1,110, up 2.5% on the BSE.

12:51 PM - Prabhudas Lilladher maintains 'outperformer' rating on Satyam Computer Services, with a target price of Rs 493, reports CNBC-TV18. The stock is currently trading at Rs 372.70, up 1.5% on the BSE.

12:42 PM - IOC has support at Rs 315 and if this breaks, then the long term outlook for the stock will turn negative, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. On the upside, it will face strong resistance at Rs 435, he adds. If one as to remain invested in this sector, then RIL is a better option, he suggests. IOC is currently trading at Rs 379, up 0.4% on the BSE.

12:31 PM - Credit Suisse maintains 'outperformer' rating on SAIL and has a target price of Rs 200 on the stock, reports CNBC-TV18. The stock is currently trading at Rs 132.50, 5.5% on the BSE.

12:24 PM - Shiv Vani Oil has short to medium term support at Rs 490, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. As long as it stays above this, the trend will remain positive, he adds. It will face resistance at Rs 575, he says. The stock is currently trading at Rs 566.20, up 2.4% on the BSE.

12:16 PM - The market may see a bout of selling come in at 2:30-3 pm today, says Ambareesh Baliga of Karvy Stock Broking, on Zee Business. People will not want to take a chance and hold the positions for tommorrow, he explains. But the market may close positive, he adds.

12:09 PM - NTPC looks good for Rs 200 now, says Sushil Kedia of K&A Securities, on CNBC-TV18. The stock is currently trading at Rs 185.65, up 2.3% on the BSE.

12:02 PM - Sensex is at 14,148, up 298 points from the previous close. Nifty is at 4247, up 87 points. Market breadth is strong, with 988 advances against 176 declines on the NSE.

11:55 AM - ONGC has support at Rs 830 and resistance at Rs 1,035-1,050, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. There are better options available from the same space in the market, he says. The stock is currently trading at Rs 970, up 1.6% on the BSE.

11:47 AM - GAIL will face resistance at Rs 415, but once this is crossed decisively, with good volumes, expect it to go to 465-500, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock has good support at Rs 325, where one can buy it for 1-1.5 years, he adds. It is currently trading at Rs 370.80, down 1.1% on the BSE.

11:38 AM - If the market sees a huge fall from current levels, then Reliance Industries may fall to Rs 1,865, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. One can look at buying the stock close to Rs 2,000 for 1-1.5 year target of Rs 3,200, he says. It might face some resistance at Rs 2,370 for now, he adds. It is currently trading at Rs 2,186, up 1.5% on the BSE.

11:30 AM - CLSA has a 'buy' rating on BHEL, with a target price of Rs 2,000, reports CNBC-TV18. The stock is currently trading at Rs 1,593.15, up 5.8% on the BSE.

11:20 AM - SAIL looks good for Rs 152 now, says Sushil Kedia of K&A Securities, on CNBC-TV18. Once this level is crossed, one can expect Rs 178 and then Rs 200 ont he counter, he adds. The stock is currently trading at Rs 133, up 5.9% on the BSE.

11:11 AM - The market has gained strength and is trading well in the positive terrain. Sensex is at 14,105, up 255 points from the previous close. Nifty is at 4234, up 75 points. CNX Midcap index is up over 2% and BSE Smallcap index, up 1.6%. Banking, metal, power and capital goods stocks are leading the market up, while autos are seeing selling pressure.

11:03 AM - Reliance Capital is a great buy at Rs 900-800 for 2 years, says Rajesh Tambe of Sunchan Securities, on Zee Business. It is one of the best in the NBFC space, he adds. The stock is currently trading at Rs 1,127.90, up 3.3% on the BSE.

10:55 AM - In the technology space, Wipro seems to have bottomed out, says Sushil Kedia of K& Securities, on CNBC-TV18. But expect more downside in TCS, Satyam Computer and Infosys, he adds.

10:47 AM - ONGC looks good for Rs 1,100 now, says Sushil Kedia of K&A Securities, on CNBC-TV18. The stock is currently trading at Rs 944.40, down 1.1% on the BSE.

10:40 AM - Unless RPL does not cross Rs 160, there are good chances that it might see Rs 130 on the downside, says Sushil Kedia of K&A Securities, on CNBC-TV18. The stock is currently trading at Rs 156.20, up 1.2% on the BSE.

10:32 AM - In the banking space, ICICI Bank, HDFC Bank, SBI and PNB look better and are expected to move higher, says Salil Sharma, technical analyst, on CNBC Awaaz.

10:24 AM - If the UPA government stays, then the market will continue to rally, of course provided oil prices remain favourable, says Amit Dalal of Amit Nalin Securities, on CNBC-TV18. Expects a dull trading day today, as investors would be weighing their options, he adds.

10:18 AM - Traders can buy Cairn India at any initial signs of strength, while investors can buy it even at current levels, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 218, up 1% on the BSE.

10:05 AM - NTPC will face resistance at Rs 178-180, where one should book profits, says Salil Sharma, technical analyst, on CNBC Awaaz. It is not one of the stronger sectors nowadays, he adds. It is currently trading at Rs 183.55, up 1.2% on the BSE.

9:58 AM - The market has opened flattish on Tuesday. Sensex is at 13,821, down 28 points from the previous close. Nifty is at 4167, up 8 points.

9:53 AM - Tech Mahindra needs to close above Rs 720 to gain strength, says Salil Sharma, technical analyst, on CNBC Awaaz. But it will face another resistance at Rs 750, he adds. If you have 10-12 months perspective, then you can buy the stock now, he suggests. It is at Rs 679.10 on the BSE.

9:46 AM - It is advisable to exit Maruti Suzuki at Rs 670-700, as it will face strong resistance there, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock might open lower today, so one can buy the stock at Rs 570-575 for short term positions, he suggests. The stock is at Rs 648.20 on the BSE.

9:40 AM - If 4200 is taken out on the Nifty, then the rally will pick up more steam and the index can move to 4600, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. But after the rally, expect to see a small decline or a dull market, he adds.

9:34 AM - On the lower side, one has to keep an eye on 4020 on the Nifty, says Salil Sharma, technical analyst, on CNBC Awaaz. On the upside, if the index can move above 4200-4225, then that will be an indication of an uptrend, he adds.

ninad avasare
Doubling Stocks