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