3:50 PM - It was a volatile day for the market today, oscillating from the positive terrain to the negative, but closed flattish. Sensex ended the day at 8,747, up 8 points from the previous close. Nifty shut shop at 2656, down just 1 point. But midcaps had a good day; BSE Midcap index gained 0.9% and BSE Smallcap index, 0.4%. Realty, consumer durables and metal stocks rallied, while IT and oil & gas stocks had a bad day. Top Sensex gainers include Tata Steel, JP Associates, Maruti and DLF, while losers are Infosys, Wipro, Mahindra & Mahindra and Reliance Communications, among others.

3:36 PM - It was a volatile session but within a range, for the market today. Sensex ended the day at 8,712, down 26 points (provisional) from the previous close. Nifty shut shop at 2645, down 11 points (provisional).

3:30 PM - Short largecaps like RIL and Infosys, says Ashwani Gujral, techical analyst, on CNBC-TV18.

3:26 PM - Close all positions and take fresh positions tomorrow, says Vijay Bhambwani, technical analyst, as market closing strategy, on CNBC-TV18. Initiatae fresh longs only above 2720 on the Nifty, he adds.

3:20 PM - Angel Broking has a 'buy' rating on Indian Hotels, with a target price of Rs 107, reports CNBC Awaaz. The stock is currently trading at Rs 36.70, down 1.2% on the BSE.

3:12 PM - Bombay Dyeing looks weak and can fall to Rs 120-115, says Jatinder Sharma, Equity Strategist, on CNBC Awaaz. It is best to avoid the stock for now, he suggests. It is currently trading at Rs 149.95, up 5.8% on the BSE.

3:05 PM - One can buy Axis Bank between Rs 420 and Rs 430 for targets of Rs 454-470, says Husseni Kajaria, market analyst, on CNBC Awaaz. Keep a stoploss of Rs 410, he suggests. The stock is currently trading at Rs 433, up 1% on the BSE.

2:58 PM - If Everest Kanto closes above Rs 151-152, then in can go up to Rs 173-175 in the short term, says Jatinder Sharma, Equity Strategist, on CNBC Awaaz. One can buy the stock keeping a stoploss of Rs 142 here, he suggests. The stock is currently trading at Rs 154.05, up over 6% on the BSE.

2:50 PM - One can buy LIC Housing Finance between Rs 171 and Rs 178 for targets of Rs 188 and Rs 196, says Husseni Kajaria, market analyst, on CNBC Awaaz. Keep a stoploss of Rs 161 here, he suggests. The stock is currently trading at Rs 193.30, up over 17% on the BSE.

2:43 PM - If IVRCL can stabilise above Rs 142-143, then it can go up to Rs 195-200 it the next 2-3 months, says Jatinder Sharma, Equity Startegist, on CNBC Awaaz. The stock is currently trading at Rs 135.80, up 8.7% on the BSE.

2:35 PM - One can buy Century Textiles between Rs 130-135 for targets of Rs 145 and Rs 154, says Husseni Kajaria, market analyst, on CNBC Awaaz. Keep a stoploss of Rs 125 here, he suggests. The stock is currently trading at Rs 131.65, up 1.5% on the BSE.

2:28 PM - Sell Nalco; target of Rs 145, says Nishant Jain, market analyst, on CNBC Awaaz. Keep a stoploss of Rs 180 here, he suggests. Once the stock moves above The stock is currently trading at Rs 167.20, down 1.7% on the BSE.

2:20 PM - One can buy JP Associates between Rs 56-60 for targets of Rs 69-74, says Husseni Kajaria, market analyst, on CNBC Awaaz. Keep a stoploss of Rs 53 here, he suggests. The stock is currently trading at Rs 59.10, up 2.3% on the BSE.

2:14 PM - Nitin Fire Protection has 12-month target of Rs 200, says Ashish Maheshwari, market analyst, on CNBC-TV18. The stock is currently trading at Rs 131, up 3.3% on the BSE.

2:07 PM - One can buy Tata Steel between Rs 154 and Rs 160 for targets of Rs 169-178, says Husseni Kajaria, market analyst, on CNBC Awaaz. Keep a stoploss of Rs 149, he suggests. The stock is currently trading at Rs 162, up 9% on the BSE.

2:00 PM - Buy Omaxe for a target of Rs 55, keeping a stoploss of Rs 45, says Nishant Jain, market analyst, on CNBC Awaaz. The stock is currently trading at Rs 48.35, up 2.4% on the BSE.

1:53 PM - Buy SAIL for a target of Rs 75, keeping a stoploss of Rs 61, says Nishant Jain, market analyst, on CNBC Awaaz. The stock has long term support at Rs 60-55, he adds. It is currently trading at Rs 64.80, up 1.7% on the BSE.

1:45 PM - Reliance Money recommends 'reduce' rating on TVS Motor Company, with a target price of Rs 23, reports CNBC-TV18. The stock is currently trading at Rs 23.90, up 2.6% on the BSE.

1:35 PM - Prabhudas Lilladher maintains 'accumulate' rating on UltraTech Cement, with a target of Rs 317, reports CNBC-TV18. The stock is currently trading at Rs 260.35, down 1.8% on the BSE.

1:28 PM - Sun TV is the leader in the south market and also a debt-free company, says SP Tulsian, Investment Advisor, on CNBC-TV18. So, it is a good buy and ones who are holding can remain invested, he suggests. The stock is currently trading at Rs 165.30, up over 14% on the BSE.

1:20 PM - One can look at buying Bharti Airtel at Rs 600 or so for the short term says Rajesh Agarwal of CD Equisearch, on CNBC Awaaz. The stock is currently trading at Rs 657, down 2.1% on the BSE.

1:11 PM - The market is trading flattish with a negative bias for now. Sensex is at 8,700, down 39 points from the previous close. Nifty is at 2643, down 14 points. Midcaps along with smallcaps are seeing good buying. Top Sensex gainers are Tata Steel, SBI, DLF, ICICI Bank among others, while losers include Wipro, Infosys, Bharti and Satyam Computer.

1:07 PM - The markets are taking into account a lot more fundamental information, but it is the sentiment that still dominates, says Simon Godfrey, Investment Specialist-Pan Asian Equities (Ex-Japan), Fortis Investments, on CNBC-TV18. Asian markets may re-test the October lows given the thin volumes, he says. For now, there are no positive catalysts to drive a rally, but equities look attractive at low levels, he says.

1:00 PM - Hold Sun TV till Rs 190-195 and then book profit there, says Rajesh Jain of SMC Global, on CNBC-TV18. The stock is currently trading at Rs 162.20, up 12.6% on the BSE.

12:55 PM - One needs to see a rally happen in corporate bonds, which will in turn drive equities, says Pathik Gandotra, MD and Head of Research, IDFC-SSKI, on CNBC-TV18.

12:49 PM - Book profits in Axis Bank at Rs 530-540, says Rajesh Jain of SMC Global, on CNBC-TV18. The stock is currently trading at Rs 438, up 2.2% on the BSE.

12:43 PM - One can look at buying Axis Bank at Rs 359 or so for the long term, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading trading at Rs 435, up 1.5% on the BSE.

12:35 PM - Idea Cellular has support at Rs 36 and will face some resistance at Rs 51-54, says Prakash Gaba, technical analyst, on CNBC Awaaz. Once the resistance level is crossed, it can go up to Rs 65-70, where one can book profits, he adds. The stock is currently trading at Rs 46.20, down 3.5% on the BSE.

12:26 PM - The market is likely to trade ranged within a 5-10% band now, says Pathik Gandotra, MD and Head of Research, IDFC-SSKI, on CNBC-TV18. Also, no significant downside is seen given the likely stimulus and monetary easing, and market betting on government spending, falling interest rates, and lower commodity prices, he adds.

12:18 PM - If HCL Technologies falls below Rs 115, then it can probably slip to Rs 100, says Prakash Gaba, technical analyst, on CNBC Awaaz. So keep Rs 115 as a strict stoploss, he suggests. One can exit the stock at its resistance level of Rs 125-130, he adds. It is currently trading at Rs 118.75, down over 5% on the BSE.

12:10 PM - The market is recovering from the day's lows it made, but is still in the negative terrain. Sensex is at 8,710, down 28 points from the previous close. Nifty is at 2647, down 10 points. BSE Midcap index is up 1% and BSE Smallcap index, up 0.3%. Buying is now seen in metal, consumer durables, realty, banking and capital goods stocks, while IT stocks continue to be dumped.

12:03 PM - Tata Motors will face strong resistance at Rs 160-170 , where one can quit the stock, says Rajesh Jain of SMC Global, on CNBC-TV18. The stock is currently trading at Rs 131, up 2% on the BSE.

11:55 AM - One can buy GAIL at Rs 180-190 and sell it at Rs 200-250, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 197.40, down 0.3% on the BSE.

11:48 AM - Dabur has support at Rs 70 and at Rs 95-100, one can look at exiting the stock, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 81.25, down 0.6% on the BSE.

11:40 AM - On rallies, do not buy capital goods stocks, instead try to create shorts, says Neppolian Pillai, technical analyst, on CNBC-TV18. One can look at shorting L&T between Rs 680-780 for a target of Rs 582-560, he adds. The stock is currently trading at Rs 684.50, up 0.8% on the BSE.

11:32 AM - Bharti Airtel will face resistance at Rs 660-670 now, says Prakash Gaba, technical analyst, on CNBC Awaaz. There are more chances of it falling from here, he adds. The stock is currently trading at Rs 657.25, down over 2% on the BSE.

11:24 AM - If Sensex can close above 9,320 and the Nifty, 2785, then there can be a trading rally to 9,940 on the Sensex and 2958 on Nifty, says Anil Maghnani, technical analyst, on CNBC-TV18.

11:17 AM - Cairn India has a base at Rs 122, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. On the upside, it will face resistances at Rs 148-158-162, he adds. The stock is currently trading at Rs 133.05, down 1% on the BSE.

11:10 AM - The market has slipped int he negative terrain. Sensex is at 8,674, down 65 points from the previous close. Nifty is at 2635, down 22 points. BSE Midcap is up 0.6% and BSE Smallcap index, 0.3%. Metal and consumer durable stocks are attracting buying, whereas IT and FMCG stocks are being dumped.

10:57 AM - The market may remain rangebound now, Amit Khurana, Head-Equity, Collins Stewart, on CNBC-TV18. With the stimulus packages that the government is likely to announce, the market may hold within its range, he explains. However, the market would take time to discount any news flows going forward, he adds.

10:50 AM - JP Morgan is 'neutral' on Tata Steel and has a target price of Rs 155 on the stock, reports CNBC-TV18. The stock is currently trading at Rs 159, up 7% ont he BSE.

10:40 AM - Mahindra & Mahindra has key support at Rs 235-230, says Ashwani Gujral, technical analyst, on CNBC-TV18. If it falls below this, then it can slip to Rs 215-210, he adds. On the upside, it has strong resistance at Rs 285-290, he says. The stock is currently trading at Rs 248.60, down 0.5% on the BSE.

10:32 AM - RBS has a 'sell' rating on Tata Steel, with a target price of Rs 115, reports CNBC-TV18. The stock is currently trading at Rs 158.10, up 6.3% on the BSE.

10:25 AM - EIH can be a good buy at Rs 80-75, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 91.20, down 2.8% on the BSE.

10:17 AM - Reliance Infrastructure has support at Rs 445 and will face resistances at Rs 575-580, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 492.70, up 5.4% on the BSE.

10:10 AM - If Unitech can move above Rs 26, it can go up to Rs 36-37, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 26.80, up over 4% on the BSE.

10:04 AM - The market has opened slightly higher on Wednesday. Sensex is at 8,824, up 85 points from the previous close. Nifty is at 2677, up 19 points.

9:58 AM - Keep a stoploss of Rs 1,021 for trading long positions in Reliance Industries, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is at Rs 1,074.65 on the BSE.

9:52 AM - One can keep a stoploss of Rs 34 and trade long in India Infoline, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. Look at exiting the stock at Rs 46-49, he suggests. The stock is at Rs 40 on the BSE.

9:44 AM - One can look at buying Sun TV at Rs 125 or so, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is at Rs 144.10 on the BSE.

9:38 AM - One can buy Tata Steel at Rs 130-125 for the long term, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is at Rs 148.65 on the BSE.

ninad avasare
Stock Trading Robot