4:03 PM - Ahead of the Christmas holiday tomorrow, world markets were quiet today. The Indian market saw a mildly choppy session on F&O expiry day and had a weak close. Sensex shut shop at 9568, down 118 points and Nifty at 2916, down 51 points from the previous close. CNX Midcap index was down 0.68% and BSE Smallcap index was down 1.07%. Realty and auto stocks saw selling pressure. The market breadth was negative with advances at 368 against declines of 850 on the NSE. Top Nifty gainers included BPCL, ICICI Bank and Suzlon while losers included Unitech, Tata Motors and HCL Technologies. » Send to friends

3:57 PM - Buy SAIL with a target of Rs 125-130 in two years, says Srikant Chouhan, technical analyst, Kotak Securities, on CNBC Awaaz. The stock is currently trading at Rs 75, down 2.9% on the BSE. » Send to friends

3:54 PM - Sell SAIL with a target of Rs 71-65 and stop loss of Rs 82, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 75, down 2.64% on the BSE. » Send to friends

3:52 PM - HEM Securities maintains a sell call on Axis Bank with a target of Rs 460 and stop loss of Rs 525, reports CNBC Awaaz. The stock is currently trading at Rs 489, down 1.94% on the BSE. » Send to friends

3:47 PM - The market is likely to see tremendous momentum in the coming two weeks, feels PN Vijay, investment advisor, on CNBC-TV18. More good news is expected on the macro front and then one could see firm trade going ahead, he says. More interest rate cuts and fiscal stimulus package is possible, he says. The market is unlikely to retest the October lows, he adds. Chances are that Nifty will build nicely from the 3000 levels, he says. » Send to friends

3:41 PM - It was a choppy and ranged session on F&O expiry day. Sensex closed at 9598, down 87 points (provisional) and Nifty at 2928, down 39 points (provisional) from the previous close. CNX Midcap index was down 0.52% and BSE Smallcap index was down 0.97%. Realty and auto stocks got beaten down today. The market breadth was negative with advances at 407 against declines of 811 on the NSE. » Send to friends

3:33 PM - Avoid carrying any positions in Nifty futures, says Rajat Bose, technical analyst, on CNBC-TV18, as closing market strategy. Nifty support is between 2878-2861 and resistance at 2923-2957, he adds. » Send to friends

3:31 PM - Book profits in Nifty short, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy. One can initiate long positions on Nifty above 2950 for a bounce, he adds. » Send to friends

3:28 PM - The valuations of Satyam look good at current levels, says PN Vijay, investment advisor, on CNBC-TV18. The World Bank ban is unlikely to affect the business model of the company and we continue to buy into the stock at lower levels, he adds. The stock is currently trading at Rs 132, down 5.98% on the BSE. » Send to friends

3:24 PM - Sell TCS with a target of Rs 472-460 and stop loss of Rs 505, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 489, down 2.28% on the BSE. » Send to friends

3:21 PM - Sell Stayam in any rally as it looks weak and could go down to Rs 90, says Srikant Chouhan, technical analyst, Kotak Securities, on CNBC Awaaz. The stock is currently trading at Rs 132, down 5.98% on the BSE. » Send to friends

3:15 PM - Satyam has seen a serious erosion in its image and confidence loss of the management, says Ashu Madam of Religare Securities, on CNBC Awaaz. The eight year ban from World Bank adds to its woes and institutional investors will try and sell out of this stock, he adds. The stock is currently trading at Rs 130, down 8.24% on the BSE. » Send to friends

3:11 PM - Nifty run up is seeing a correction, it has support at 2900 and an upside of 3150, says Srikant Chouhan, technical analyst, Kotak Securities, on CNBC Awaaz. BHEL, SBI, RIL and L&T can be bought at current levels as these stocks can offer some more upside, he adds. » Send to friends

3:06 PM - The first leg of the upmove that had started in the market from Nifty 2500 seems complete, says Sushil Kedia of CAIA on NDTV Profit. The correction may continue for some more days and Nifty is unlikely to break 2900, he adds. » Send to friends

3:01 PM - The Asian markets closed in the negative and European markets are trading soft. World markets seem to be in holiday mood ahead of Christmas tomorrow as volumes are thin. Our market is also in a tight range and weak. Sensex is trading at 9602, down 84 points and Nifty is at 2933, down 35 points from the previous close. CNX Midcap index is down 0.55% and BSE Smallcap index is down 1.03%. BSE Realty index is down 4%. The market breadth is negative with advances at 380 against declines of 820 on the NSE. » Send to friends

2:56 PM - Buy Ankur Drugs with a long-term target of Rs 139, says Ranjit Kapadia of Prabhudas Liladhar, on CNBC Awaaz. The stock is currently trading at Rs 87, up 3.29% on the BSE. » Send to friends

2:50 PM - Buy HPCL around Rs 272-282 with a target of Rs 298-310 and stop loss of Rs 260, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 282, up 3.58% on the BSE. » Send to friends

2:44 PM - Hold DLF as it can go to Rs 325 where one can book profits, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 290, down 3.93% on the BSE. » Send to friends

2:37 PM - Buy SBI around Rs 1250-1280 with a target of Rs 1320-1350 and stop loss of Rs 1220, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 1277, up 1.10% on the BSE. » Send to friends

2:30 PM - Buy OBC with a target of Rs 166 and stop loss of Rs 142, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 149, up 1.01% on the BSE » Send to friends

2:23 PM - Fortis Healthcare board approves raising funds upto Rs 1000 crore for rights issue, says S Mohan Singh, MD & CEO on CNBC TV18. Of this, Rs 400 crore will be used to cut out outstanding debts in the books, he says. Part of the funds will be used for greenfield expansion projects, he adds. The stock is currently trading at Rs 70, up 0.72% on the BSE » Send to friends

2:15 PM - Hold Unitech as it can go to Rs 55 where one can book profits, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 36, down 13.12% on the BSE » Send to friends

2:10 PM - SMC Global Securities maintains a buy call on Power Grid with a target of Rs 100 and stop loss of Rs 72, reports CNBC Awaaz. The stock is currently trading at Rs 81, down 0.73% on the BSE. » Send to friends

2:03 PM - The market is still under pressure. Sensex is trading at 9566, down 120 points and Nifty is at 2927, down 41 points from the previous close. CNX Midcap index is down 0.80% and BSE Smallcap index is down 1.08%. The market breadth is negative with advances at 328 against declines of 877 on the NSE. » Send to friends

1:54 PM - HEM Securities maintains a sell call on United Spirits with a target of Rs 860 and stop loss of Rs 970, reports CNBC Awaaz. The stock is currently trading at Rs 892, up 3.23% on the BSE. » Send to friends

1:47 PM - SMC Global Securities maintains a sell call on Kotak Mahindra Bank with a target of Rs 320 and stop loss of Rs 376, reports CNBC Awaaz. The stock is currently trading at Rs 339, up 1.03% on the BSE. » Send to friends

1:40 PM - HEM Securities maintains a sell call on ONGC with a target of Rs 650 and stop loss of Rs 740, reports CNBC Awaaz. The stock is currently trading at Rs 676, down 1.74% on the BSE. » Send to friends

1:33 PM - Karvy Stock Broking maintains a buy call on ACC with a target of Rs 530, reports Zee Business. The stock is currently trading at Rs 478, down 1.43% on the BSE. » Send to friends

1:27 PM - MIC Electronics needs to move above Rs 47 for any major uptrend, says Rahul Mohindar, technical analyst, on CNBC Awaaz. One can hold it keeping a stop loss of Rs 32, he suggests. The stock is currently trading at Rs 35, up 0.98% on the BSE. » Send to friends

1:18 PM - This is an upmove in a bear market, says Ajay Bagga of Lotus India Asset Management, on CNBC TV18. January is a month that sees fresh allocation of money and the market could see a bounce again, he adds. » Send to friends

1:10 PM - The Asian markets are trading weak. The Indian market is trending weak with F&O expiry today. Sensex is trading at 9608, down 78 points and Nifty is at 2940, down 60 points from the previous close. CNX Midcap index is down 0.63% and BSE Smallcap index is down 1.09%. The market breadth is negative with advances at 322 against declines of 851 on the NSE. » Send to friends

1:03 PM - The Nifty can dip to 2640 in the near-term with prospects of 2460, says Sushil Kedia, CMT, CAIA, on CNBC-TV18. However, the market could bounce back from lows and Nifty can go up to 3500-3600 by late January 2009, he adds. » Send to friends

12:55 PM - Reliance Power has resistance at Rs 140, says Rahul Mohindar, technical analyst, on CNBC Awaaz. One can hold it keeping a stoploss of Rs 110, he suggests. The stock is currently trading at Rs 121.35, down 2.3% on the BSE. » Send to friends

12:46 PM - GVK Power has strong resistance at Rs 24, says Prakash Gaba, technical analyst, on CNBC Awaaz. One can look at buying the stock at Rs 14-12, he suggests. It is currently trading at Rs 20.85, down 4.6% on the BSE. » Send to friends

12:40 PM - There's limited downside in Neyveli Lignite and one can continue to hold it, says Rajesh Agarwal of CD Equisearch, on CNBC Awaaz. The stock is currently trading at Rs 62.90, down 3.4% on the BSE. » Send to friends

12:33 PM - Orbit Corporation looks weak and it is best to stay out of the stock now, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 59.70, down 6.6% on the BSE. » Send to friends

12:26 PM - One can look at buying India Cements at Rs 80 or so, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 91.75, down 2.8% on the BSE. » Send to friends

12:18 PM - Look at selling EIH on rise, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 129.90, down 3.9% on the BSE. » Send to friends

12:11 PM - One can buy Shree Renuka Sugar, keeping a stoploss of Rs 61 for targets of Rs 90-95, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 63.30, up over 1% on the BSE. » Send to friends

12:03 PM - JP Associates looks weak on the charts, says Prakash Gaba, technical analyst, on CNBC Awaaz. If one wishes to buy it, then do so close to Rs 50, he suggests. The stock is currently trading at Rs 75.80, down 3.4% on the BSE. » Send to friends

11:52 AM - The trend in Everonn Systems is down and one should exit it as soon as possible, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock can fall below Rs 200 too, he adds. The stock is currently trading at Rs 228, down 3.8% on the BSE. » Send to friends

11:44 AM - If the market falls further, the 2878 -2904 would act as a strong support level for the Nifty from where it could bounce back to 3115 or so, says Neppolian Pillai, technical analyst, on CNBC-TV18. » Send to friends

11:37 AM - Indo Tech will face stiff resistance at Rs 350-400, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 278.25, down 0.3% on the BSE. » Send to friends

11:30 AM - CESC looks a little sluggish and should be sold if one has a short term view, says Prakash Gaba, technical analyst, on CNBC Awaaz. If one wants to buy the stock for the long term, then wait for it to fall close to Rs 200, he suggests. The stock is currently trading at Rs 249, down 2.2% on the BSE. » Send to friends

11:20 AM - It will not be very surprising to see Unitech fall to Rs 30 again after the good run-up that it saw, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. The stock is at Rs 38.85, down 8.2% on the BSE. » Send to friends

11:11 AM - One can look at buying Yes Bank between Rs 72 and Rs 66 for target price of Rs 80-90, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 73.70, up 0.1% on the BSE. » Send to friends

11:02 AM - The market is still trading lower, though off the day's lows now. Sensex is at 9,610, down 78 points from the previous close. Nifty is at 2944, down 24 points. BSE Midcap index is also down 0.7% and BSE Smallcap index, down 0.9%. Banking stocks are seeing good buying, while realty, auto and metal stocks are under selling pressure. » Send to friends

10:56 AM - In realty, DLF's charts look good and one can look at buying the stock on dips, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 293.70, down 2.7% on the BSE. » Send to friends

10:49 AM - SAIL needs to hold Rs 76-65 for further uptrend, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 76, down 2.2% on the BSE. » Send to friends

10:40 AM - Below Rs 113, Satyam Compter can fall to Rs 106, where one can look at buying the stock, keeping a strict stoploss for trading purposes, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 120.30, down 14.3% on the BSE. » Send to friends

10:32 AM - In PSU banks, one can look at buying of Bank of India and Punjab National Bank, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. BoI is at Rs 280.40 and PNB at Rs 502.75, on the BSE. » Send to friends

10:25 AM - Look at buying IDFC at Rs 56-46 for a target of Rs 72-77, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 59, up 0.9% on the BSE. » Send to friends

10:16 AM - The long term charts of Infosys, Reliance Industries and SBI show that the stocks are ready for a breakdown, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. Infosys is at Rs 1,185.20 (up 0.7%), RIL at Rs 1,245.25 (down 1.2%) and SBI at Rs 1,264, on the BSE. » Send to friends

10:08 AM - One can look at buying Unitech between Rs 38 and Rs 32 for trading, says Neppolian Pillai, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 39.60, down 6.4% on the BSE. » Send to friends

10:01 AM - The market has opened slightly lower on Wednesday. Sensex is at 9,615, down 71 points from the previous close. Nifty is at 2943, down 25 points. » Send to friends

9:53 AM - Continue to hold sugar stocks for now and even buy more on dips, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. » Send to friends

9:46 AM - It is best to sell Satyam Computer for now, as the stock price can fall to 2-digits, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. The stock is at Rs 140.40 on the BSE. » Send to friends

9:39 AM - Look at buying infrastructure stocks on dips, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. This is because once the market stabilises, infrastructure stocks will be among the first ones to run up again, he explains. Then book profits at higher levels, he adds. » Send to friends

9:33 AM - The Nifty closing below 3000 shows that the short term trend is down now, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. Now the first downward target for the index is 2750-2700, he adds. Book profits in long positions, he suggests. » Send to friends

ninad avasare
Stock Trading Robot