4:00 PM - The Asian markets closed mixed but European markets were trading firm. Positive global cues made the Indian market look good, which closed with a strong rally. Sensex shut shop at 9716, up 182 points and Nifty at 2979, up 57 points from the previous close. CNX Midcap index was up 2.20% and BSE Smallcap index was up 1.79%. The market breadth was positive with advances at 886 against declines of 307 on the NSE. Top Nifty gainers included Satyam Computers, Idea and RCom while losers included Grasim, Tata Steel and RPL.

3:55 PM - Sell MTNL with a target of Rs 68 and stop loss of Rs 83, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 80, up 2.17% on the BSE.

3:51 PM - Hold Core Projects with a short-term target of Rs 60, says Sandeep Jain of Tradeswift, on CNBC Awaaz. The stock can be bought around Rs 35, he adds. It is currently trading at Rs 48, up 3.72% on the BSE.

3:47 PM - This is a strong bear market rally and Nifty could now go up to 3050-3100, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. One could book two-thirds of profits at higher levels, he adds.

3:44 PM - The year-end rally is likely to stay intact for now, says E Mathew, technical analyst, on CNBC Awaaz. Nifty made a smart reversal from the strong support zone of 2810 and now it has strong resistance at 3050-3150, he adds.

3:40 PM - It was a good close after a weak start today. Sensex closed at 9690, up 156 points (provisional) and Nifty at 2967, up 45 points (provisional) from the previous close. CNX Midcap index was up 2.16% and BSE Smallcap index was up 1.74%. The market breadth was positive with advances at 859 against declines of 325 on the NSE.

3:35 PM - Book profits in Nifty long positions, says Rajat Bose, technical analyst, on CNBC-TV18, as closing market strategy.

3:30 PM - Hold Nifty long positions with stop loss of 2940 and target of 3040-3050, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy.

3:25 PM - Sell IVRCL Infra with a target of Rs 110 and stop loss of Rs 155, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 145, up 4.56% on the BSE.

3:20 PM - The bad news in the market will be out by the first half of 2009, says Aditya Samant, ING Financial Planning, on NDTV Profit. The next 12 months will be a good time for investors to actively build their portfolio, he adds.

3:15 PM - The valuations of Reliance Communications look good at current levels for the long term, says Deven Choksey of KR Choksey, on CNBC-TV18. For now Bharati Airtel is ahead with a six-month lead, but RCom will catch up and be able to offer more value going ahead owing to its network reach, he adds.

3:11 PM - Reliance Communications has invested Rs 10,000 crore on its nationwide GSM rollout, says Anil Ambani, chairman of ADAG, on NDTV Profit. The nationwide GSM rollout will include 11,000 towns, he says. The company has completed the rollout in 15 months, 6 months ahead of schedule, he adds. RCom will offer 'enhanced' GSM services nationwide, he says. The stock is currently trading at Rs 229, up 7.89% on the BSE.

3:04 PM - The market is looking good. Sensex is trading at 9768, up 235 points and Nifty is at 2991, up 69 points from the previous close. CNX Midcap index is up 2.08% and BSE Smallcap index is up 1.57%. There is buying in technology, banking, realty and auto stocks. The market breadth is positive with advances at 863 against declines of 306 on the NSE.

2:56 PM - Buy IDFC with a short-term target of Rs 72-73 and once that is crossed it could go up to R 88-112, says Ashwani Gujral, technical analyst, on CNBC TV18. Maintain a stop loss of Rs 55, he adds. The stock is currently trading at Rs 67, up 1.42% on the BSE.

2:50 PM - Buy Canara Bank with a target of Rs 213 and stop loss of Rs 180, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 193, up 0.57% on the BSE.

2:44 PM - Buy HCC with a target price of Rs 65 for 12-24 months, says Gaurang Shah of Geojit Financials, on CNBC TV18. The company has an order book of Rs 9000 crore, he adds. The stock is currently trading at Rs 51, up 3.87% on the BSE.

2:34 PM - Buy ABG Shipyard with a target of Rs 124 and stop loss of Rs 94, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 116, up 11.71% on the BSE.

2:26 PM - The time to go long in the market was around Nifty 2800 levels, says Ashwani Gujral, technical analyst, on CNBC TV18. Nifty is showing strength with a range of 2810-3100, he feels. Nifty is preparing for a long upmove now, he adds.

2:17 PM - The market is likely to be in a Nifty range of 2800-3000 in the short term, says Alok Agarwal of KR Choksey, on CNBC Awaaz. If the rupee appreciates, the market may see the return of FII inflows in the medium to long term which could take the market up, he adds.

2:09 PM - Crnindia.com maintains a buy call on Central Bank of India with a target of Rs 42 and stop loss of Rs 38, reports CNBC Awaaz. The stock is currently trading at Rs 39, up 1.15% on the BSE.

2:02 PM - The European markets have opened strong. Positive global cues see the Indian market also trade strong. Sensex is trading at 9671, up 137 points and Nifty is at 2955, up 33 points from the previous close. CNX Midcap index is up 1.39% and BSE Smallcap index is up 1.26%. The market breadth is positive with advances at 821 against declines of 327 on the NSE.

1:53 PM - Buy Godrej Consumers with a target of Rs 162, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 143, up 3.29% on the BSE.

1:45 PM - Hold ICICI Bank as it has resistance at Rs 470-480 after which it will see a breakout and that could take the stock up to Rs 525-560, says Anuj Dixit, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 390, he adds. The stock is currently trading at Rs 453, up 1.92% on the BSE.

1:37 PM - Asian Paints is a stable stock and can give 20% returns in the next one year, says Ganesh Shanbag of SMS Financial, on CNBC Awaaz. The stock is currently trading at Rs 877, up 0.34% on the BSE.

1:30 PM - Buy Mercator Lines with a short-term target of Rs 40 after which it could see a breakout, says MB Singh, technical analyst on Zee Business. The stock is currently trading at Rs 31, up 3.92% on the BSE.

1:24 PM - Areva T&D can give 40% returns in the next one year, says Ganesh Shanbag of SMS Financial, on CNBC Awaaz. The stock is currently trading at Rs 206, up 2.92% on the BSE.

1:14 PM - The Asian markets are trading mixed. The Indian market is trading quiet as the morning gains fizzle out. Sensex is trading at 9517, down 15 points and Nifty is at 2906, down 15 points from the previous close. CNX Midcap index is up 0.65% and BSE Smallcap index is up 0.89%. The market breadth is positive with advances at 720 against declines of 403 on the NSE.

1:04 PM - If Rolta closes above Rs 135, then one may see a sustainable uptrend setting in, says Rahul Mohindar, technical analyst, on CNBC Awaaz. But there's not significant clarity on a breakout here yet, he adds.

12:55 PM - Jyoti Structures has support at Rs 52 and will see resistance at Rs 88, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 72.80, up 4.9 % on the BSE.

12:48 PM - Hold Thermax for short term and sell it close to Rs 200-215, says Vijay Bhambwani, technical analyst, on CNBC-TV18. It has support at Rs 150 and will see significant resistance close to Rs 225, he adds. The stock is currently trading at Rs 179.90, up 1.5% on the BSE

12:41 PM - Hold Siemens for short term and sell it close to its resistance level of Rs 325, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The stock has a support at Rs 210, he adds. The stock is currently trading at Rs 270.20, down 0.8% on the BSE

12:31 PM - ABB has support at Rs 380 and will see resistance at Rs 580, says Vijay Bhambwani, technical analyst, on CNBC-TV18. He recommends to invest here with a view of at least two years. The stock is currently trading at Rs 440, up 0.1% on the BSE

12:23 PM - Buy BEML with a long term view of 2 years at Rs 270-280, says Vijay Bhambwani, technical analyst, on CNBC-TV18.The stock can rise to Rs 550, he adds. The stock is currently trading at Rs 328.50, up 2.8% on the BSE

12:12 PM - Colgate Palmolive is a cash rich company and can give 20% returns in the next one year, says Ganesh Shanbag of SMS Financial, on CNBC Awaaz. The stock is currently trading at Rs 408, down 0.49% on the BSE.

12:12 PM - Crompton Greaves has support at Rs 105 and will see resistance at Rs 155-160, says Vijay Bhambwani, technical analyst, on CNBC-TV18. He recommends to exit if the stock violates the support. The stock is currently trading at Rs 131.40, up 1% on the BSE.

12:03 PM - Emkay Global Financial Services recommends 'hold' rating on Satyam Computer, with a target price of Rs 212, reports CNBC-TV18. The stock is currently trading at Rs 155.50, up 4.9% on the BSE.

11:55 AM - L&T has support at Rs 660 and will see resistance at Rs 900, says Vijay Bhambwani, technical analyst; on CNBC-TV18.He recommends investors to buy this share as it will show consistency in its performance in 2009. The stock is currently trading at Rs 751, up 1.3% on the BSE

11:45 AM - Punj Lloyd has support at Rs 125-110 and will see resistance at Rs 165, says Vijay Bhambwani, technical analyst, on CNBC-TV18.He recommends long term investors to buy this share and give it 2 years of time to achieve profits. The stock is currently trading at Rs 141.50, down 2.1% on the BSE

11:38 AM - Hold Praj Industries for the short term and sell it close to its resistance level of Rs 78-80, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock has support at Rs 50, he adds. It is currently trading at Rs 63.35, up 2.3% on the BSE.

11:31 AM - Do not expect too much of an upside in Bharat Forge, at least for the next 3-4 quarters, says Gaurang Shah of Geojit Financial Services, on Zee Business. Therefore, it is best to exit the stock on rallies, he suggests. It is currently trading at Rs 81.95, up 1.7% on the BSE.

11:23 AM - Exit IFCI on upsides and look at entering largecaps, says Gaurang Shah of Geojit Financial Services, on Zee Business. The stock is currently trading at Rs 21.50 on the BSE.

11:13 AM - On declines, one can look at buying in sectors like power, capital goods and engineering, says Gaurang Shah of Geojit Financial Services, on Zee Business. His picks here include NTPC, Power Grid, Alstom Projects and Punj Lloyd. But have 1.5-2 years view on them, he suggests.

11:05 AM - The market is off the day's highs, but is still trading in the positive terrain. Sensex is at 9,575, up 42 points from the previous close. Nifty is flat at 2923, up just 1 point. BSE Midcap index is up 1.1% and BSE Smallcap index, up 1%. Realty, auto, metal and banking stocks are witnessing buying interest, while oil & gas stocks are seeing some selling pressure.

11:00 AM - Do not invest in Satyam Computer at the current price, says Gaurang Shah of Geojit Financial Services, on Zee Business. It can go up to Rs 160-170 maximum, he says. To go beyond this, it will require a lot effort or some big good news, he epxlains. The stock is currently trading at Rs 154.70, up 4.4% on the BSE.

10:52 AM - The Nifty will be at 2700-2800 before the results, says Ashwani Gujral, technical analyst, on CNBC-TV18. It will cross 3000 levels post results, he adds. It may cross 3200 levels too, he says.

10:43 AM - One can look at getting into Satyam Computer on bad news, close to Rs 114-110 and exit it on good news, at around 159-160, says Ashwani Gujral, technical analyst, on CNBC-TV18. If it moves above Rs 160, the stock will face significant resistance at Rs 200, he adds. It is currently trading at Rs 156, up over 5% on the BSE.

10:34 AM - The next levels that SAIL may see are Rs 90 and then Rs 103, says Ashwani Gujral, technical analyst, on CNBC-TV18. It has support at Rs 65, he adds. The stock is currently trading at Rs 77.75 on the BSE.

10:26 AM - Unitech has support at Rs 30-33, where one may buy the stock and sell at resistance, Rs 49, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 39.10, up over 3% on the BSE.

10:18 AM - IDFC has support at Rs 57 and can go up to Rs 74-83, says Ashwani Gujral, technical analyst, on CNBC-TV18. The worst may be over for the stock, he adds. It is currently trading at Rs 67.50, up 1.1% on the BSE.

10:11 AM - Wait for 12.30-1 PM to take any action in the market because it tends to reverse from its opening around that time, says Ashwani Gujral, technical analyst, on CNBC-TV18. If you are long, then it is advisable to book some profits at higher levels, he suggests.

10:04 AM - The market has opened higher on Tuesday, but is slowly giving up its gains. Sensex is at 9,609, up 76 points from the previous close. Nifty is at 2940, up 18 points.

9:59 AM - The market will see a positive opening today, says Sharmila Joshi, market analyst, on CNBC Awaaz. Metal and real estate may continue to see buying today, she adds.

9:53 AM - Prabhudas Lilladher recommends 'reduce' on Balrampur Chini Mills, with a target price of Rs 28, reports CNBC-TV18. The stock is at Rs 45.60 on the BSE.

9:48 AM - India Infoline recommends 'buy' on Kingfisher Airlines at Rs 35 and on declines, keeping a stoploss below Rs 28, reports CNBC-TV18. The stock has targets of Rs 45 and Rs 50-55, it adds. It is at Rs 37.30 on the BSE.

9:38 AM - The rally seen in the market is getting set up for a fairly steep and long decline in the months of January, February and March, says Vibhav Kapoor of IL&FS, on CNBC-TV18. He expects the Indian market to retest their October lows.

ninad avasare
Stock Trading Robot