3:37 PM - The market had a good day today, especially the last hour of trade and closed near the day's highs. Sensex ended the day at 9,220, up 473 points (provisional) from the previous close. Nifty is at 2785, up 129 points (provisional).

3:28 PM - Chambal Fertlisers seems to be stuck in a range of Rs 30 and Rs 40, says Rajesh Jain of SMC Global, on CNBC Awaaz. Keep a stoploss of Rs 30 here and look at exiting the stock at higher levels, he suggests. It is at Rs 35.75, up 6.1% on the BSE.

3:22 PM - GMR Infrastructure can go up to Rs 66-68 now, says Hardik Jain of ISJ Securites, on CNBC Awaaz. But it will face major resistance at Rs 80-81, which it might not be able to cross even in the next 6-9 months, he adds. Hold the stock for now and look at exiting it between Rs 70 and Rs 80, he suggests. It is currently trading at Rs 61.40, up 13.3% on the BSE.

3:16 PM - In the short term, ICICI Bank will face strong resistance at Rs 430-450, says Hardik Jain of ISJ Securites, on CNBC Awaaz. The stock is currently trading at Rs 356, up 6.3% on the BSE.

3:09 PM - The Nifty seems to have an immediate resistance at 2825, says Hardik Jain of ISJ Securites, on CNBC Awaaz. Once this is crossed, there's no major resistance before 3300, he adds.

3:02 PM - Punj Lloyd now has target of Rs 170-175, says Rajesh Jain of SMC Global, on CNBC Awaaz. Keep a stoploss of Rs 130 here, he suggests. The stock is currently trading at Rs 152.85, up 6.9% on the BSE.

2:56 PM - Kaveri Seed has a robust product pipeline across various crops, says S Ranganathan of LKP Shares, on CNBC-TV18. The company has pan India presence and good distribution reach, he adds. The brokerage expects the company's profitibility to grow 40% by 2011, he says. The stock is currently trading at Rs 138.90, up 3.8% on the BSE.

2:48 PM - Sell MTNL; targets of Rs 63 and Rs 59, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. Keep a stoploss of Rs 74 here, he suggests. The stock is currently trading at Rs 73, up 2.7% on the BSE.

2:40 PM - GVK Power is a good stock, but will face resistance at Rs 20-21, where one can book profits, says Rajesh Jain of SMC Global, on CNBC Awaaz. Look at buying it again at its support levels of Rs 15-16, he suggests. The stock is currently trading at Rs 19, up 8.6% on the BSE.

2:34 PM - Citi has a 'buy' rating on GVK Power, with target of Rs 25, reports CNBC-TV18. The stock is currently trading at Rs 18.75, up 7.1% on the BSE.

2:27 PM - Once IVRCL Infrastructure crosses Rs 151 convincingly, it can go up to Rs 165-169, says Rajat Bose, technical analyst, on CNBC-TV18. Keep a stoploss below Rs 129, he suggests. The stock is currently trading at Rs 142.90, up over 4% on the BSE.

2:18 PM - Sell United Spiritis, targets of Rs 820 and Rs 775, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. Keep a stoploss of Rs 930 here, he suggests. The stock is currently trading at Rs 915.40, up 7.2% on the BSE.

2:10 PM - Sell Jindal Steel, targets of Rs 740 and Rs 690, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. Keep a stoploss of Rs 875 here, he adds. The stock is currently trading at Rs 792.90, up 2.1% on the BSE.

2:03 PM - Sell ITC, targets of Rs 168 and Rs 162, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. Keep a stoploss of Rs 180 here, he suggests. The stock is currently trading at Rs 171.80, up 2% on the BSE.

1:55 PM - Ambit Capital has a 'buy' rating on Aban Offshore, with target of Rs 1,603, reports CNBC-TV18. The stock is currently trading at Rs 653.50, up 1.2% on the BSE.

1:49 PM - Inflation for week ended November 22 has come lower at 8.40% versus 8.84% the previous week.

1:42 PM - Kotak Institution has a 'buy' rating on Sun TV, with target of Rs 210, reports CNBC-TV18. The stock is currently trading at Rs 164, down 5.6% on the BSE.

1:34 PM - HSBC is 'underweight' on GMR Infrastructure, with target of Rs 53, reports CNBC-TV18. The stock is currently trading at Rs 58, up over 7% on the BSE.

1:25 PM - There's still 10-15% downside left in IT stocks, says Rahul Mohindar, technical analyst, on CNBC Awaaz. In the short term, they will give rough and volatile movements, he adds. BSE IT index is currently up 0.5%.

1:16 PM - BNP Paribas has a 'buy' rating on ICICI Bank, with target of Rs 620, reports CNBC-TV18. The stock is currently trading at Rs 352.10, up 5.1% on the BSE.

1:09 PM - The market continues to have a good day. Sensex is at 8,972, up 224 points from the previous close. Nifty is at 2713, up 56 points. BSE Midcap and BSE Smallcap indexes are trading over 1.2% each.

1:02 PM - If Punj Lloyd closes above Rs 148, then it can go up to 158 in a couple of days, says Hemen Kapadia, technical analyst, on Zee Business. The stock is currently trading at Rs 148.60, up 3.9% on the BSE.

12:54 PM - Karvy Stock Broking recommends 'buy' on Balrampur Chini Mills, with a target of Rs 55, reports CNBC-TV18. The stock is currently trading at Rs 33.85, up 0.2% on the BSE.

12:47 PM - IVRCL Infrastructures has strong resistance at Rs 150-160, says Sanjeev Agarwal, technical analyst, on CNBC-TV18. If it cross Rs 150-160, then it may test Rs 225, he adds. The stock is currently trading at Rs 139.60, up 1.7% on the BSE.

12:39 PM - If IOC can close above Rs 418, then it can go up to Rs 450, says Hemen Kapadia, technical analyst, on Zee Business. The stock is currently trading at Rs 403, up 1.8% on the BSE.

12:33 PM - The market is trading firm. Sensex is at 8,921, up 173 points from the previous close. Nifty is at 2703, up 47 points. BSE Midcap index is also up 1.1% and BSE Smallcap index, up 1%. Realty, capital goods, banking and power stocks are attracting significant buying interest, while there's some selling seen in consumer durables and healthcare stocks.

12:28 PM - Indiabulls Real Estate has support at Rs 85 and once to moves above Rs 100, Rs 113 is possible here, says Hemen Kapadia, technical analyst, on Zee Business. The stock is currently trading at Rs 96.85, up 3.3% on the BSE.

12:20 PM - One can do staggered buying in Tata Steel, says Rajkishore Bang, technical analyst, on CNBC Awaaz. Look at buying the stock at Rs 160, Rs 145 and Rs 125, he suggests. Expect 30-35% appreciation int he next 1-2 years, he adds. The stock is currently trading at Rs 168.95, up 2.6% on the BSE.

12:12 PM - Infosys is the best play among the IT space and they have lot of surplus cash flow, says Shahina Mukadam, IDBI Capital Market, on CNBC-TV18. One should hold on to it, she suggests. The stock is currently trading at Rs 1,170, up 1.1% on the BSE.

12:05 PM - Maytas has bagged an order worth Rs 222 crore from Power Grid, reports CNBC-Tv18. Maytas is currently trading at Rs 493.95, up 0.1% on the BSE.

11:56 AM - This trading rally would possibly give one an opportunity of getting a price of around Rs 16-17 in Ashok Leyland, says E Mathew, technical analyst, on CNBC-Tv18. The stock has not bottomed out yet and is seeing just a pullback rally from an extremely oversold zone, he explains. It is currently trading at Rs 13.55, up 1.2% on the BSE.

11:48 AM - Nifty now has support at 2570 and is facing resistance at 2750, says Sanjeev Agarwal, technical analyst, on CNBC-TV18.

11:42 AM - JP Associates will face stiff resistance around Rs 100, says MB Singh, technical analyst, on Zee Business. the stock is currently trading at Rs 64.60, up 3.4% on the BSE.

11:33 AM - If Sun TV Network is able to breakout above Rs 173-175, then one could possibly have an excellent trading opportunity, for a target of around Rs 240-245, E Mahew, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 165.50, down 4.7% on the BSE.

11:25 AM - NTPC will face resistance at Rs 167-168, says MB Singh, technical analyst, on Zee Business. Above this, it can go up to Rs 185, he adds. The stock is currently trading at Rs 159.50, up 0.4% on the BSE.

11:18 AM - Exit Indian Hotels now, says Raj Kishore Bang, technical analyst, on CNBC Awaaz. One can look at buying the stock for long term (3-4 years) at Rs 29-31, he suggests. The stock is currently trading at Rs 37.25, up 1.1% on the BSE.

11:11 AM - ICICI Bank has support at Rs 280, which can be used as a stoploss here, says MB Singh, technical analyst, on Zee Business. Below Rs 280, it can slip to Rs 220, he adds. If, on a rally the stock goes up to Rs 415-420, then exit it, he suggests. It is currently trading at Rs 337.25, up 0.7% on the BSE.

11:03 AM - This is going to be a washout quarter for most of the companies across the world, says Shankar Sharma of First Global, on CNBC-TV18. Likely to see earnings warnings from some major comapnies, he says. The markets have not yet fully discounted the bad numbers that are likely to ocme, he adds.

10:52 AM - Hindalco Industries is a better trader bet than Tata Steel, says E Mathew, technical analyst, on CNBC-TV18. Hindalco is currently trading at Rs 49, down 3.9% on the BSE.

10:45 AM - Even in case of monetary eaisng, markets may rallly at best for 1-2 days, says Shankar Sharma of First Global, on CNBC-TV18. One may see a durable rally only after the next fall, he adds.

10:37 AM - Below 2600 the Nifty will be clearly heading for 2500, says E Mathew, technical analyst, on CNBC-TV18. And in the unlikely event of 2500 getting broken, the index would certainly go on to test October lows, and perhaps even lower, he adds.

10:30 AM - One may see a sell-off starting from mid-Deember now, which may end by January-end, says Shankar Sharma of First Global, on CNBC-TV18. The current firm trend is temporary and may last only for a few more days, he adds. Fresh bout of sell-off may be as bad as that seen in October, he says. It won't be surprising if all markets of the world, including Indian, see 20-30% sell-off, he says.

10:23 AM - If IVRCL Infrastructure moves beyond Rs 150, then it can see levels like Rs 205-206, says E Mathew, technical analyst, on cNBC-TV18. The stock is currently trading at Rs 142.60, up 3.9% on the BSE.

10:16 AM - A short term upmove in Tata Steel is possible as it is heavily oversold, says Rahul Mohindar, technical analyst, on CNBC Awaaz. But overall, be cautious in metals, he suggests. The stock is currently trading at Rs 163.40, down 0.8% on the BSE.

10:09 AM - SBI is an excellent stock for investment now, says Rahul Mohindar, technical analyst, on CNBC Awaaz. One can buy the stock keeping stoploss below Rs 1,000 for 25-30% appreciation in the medium term, he suggests. It is currently trading at Rs 1,116.25, up 1.7% on the BSE.

10:01 AM - The market has opened flattish, but with a positive bias on Thursday. Sensex is at 8,761, up 14 points from the previous close. Nifty is at 2657, up just 1 points.

9:55 AM - The Nifty may stay in the range of 2500-2800 for the next 3-4 weeks, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18.

9:48 AM - It is advisable to book half to three-fourth of profits in Sun TV now, says Rahul Mohindar, technical analyst, on CNBC Awaaz. The upmove may fizzle out, he explains. For now, keep the previous day's low as a stoploss, he suggests. The stock is at Rs 173.70 on the BSE.

9:43 AM - There's lack of interest, confidence and volumes in the metal sector as of now, says Rahul Mohindar, technical analyst, on CNBC Awaaz. So be cautious or even stay away from it as of now, he suggests.

9:35 AM - There may be a positive bias in the market today due to good global cues, says Rahul Mohindar, technical analyst, on CNBC Awaaz. Once the Nifty starts trading above 2720, it can go up to 2950-3000, he says. He suggests buying in the market on declines.

ninad avasare
Stock Trading Robot