4:06 PM - The European markets were trading mixed while the Indian market saw a good session thanks to broader market outperformance. Metal and realty stocks led the rally today. Sensex shut shop at 9832, up 142 points and Nifty at 2981, up 59 points from the previous close. CNX Midcap index was up 3.54% and BSE Smallcap index was up 3.63%. The market breadth was positive with advances at 1070 against declines of 184 on the NSE. Top Nifty gainers included Siemens, Unitech and Grasim while losers included Reliance Communications, TCS and HCL Technologies.

4:00 PM - If Sensex is able to sustain above 9890 and Nifty above 3001, then the market may see a rally going ahead, says Rajat Bose, technical analyst, on CNBC Awaaz.

3:56 PM - Hold HPCL as it has resistance at Rs 260-280 where one can book profits, says Raj Kishore Bank, technical analyst, on CNBC Awaaz. More stock can be bought around Rs 230, he adds. The stock is currently trading at Rs 243, up 2.8% on the BSE.

3:49 PM - Buy Pantaloon Retail with a target of Rs 270 and stop loss of Rs 195, says Neera Jain, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 241, up 5.04% on the BSE.

3:42 PM - Hold Cairn India with a target of Rs 180-185, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 165, up 8.85% on the BSE.

3:39 PM - It was a good day for the market. The broader market outperformed while metal and realty stocks led the rally. Sensex closed at 9822, up 132 points (provisional) and Nifty at 2982, up 60 points (provisional) from the previous close. CNX Midcap index was up 3.42% and BSE Smallcap index was up 3.53%. The market breadth was positive with advances at 1050 against declines of 205 on the NSE.

3:29 PM - Hold on to Nifty long with stop loss of 2940 and target of Rs 3025, says Vijay Bhambwani, technical analyst, on CNBC-TV18, as closing market strategy. Buy RPL with a target of Rs 94 and stop loss of Rs 87, he adds.

3:27 PM - Hold on to Nifty long with stop loss of 2930 and target of Rs 3050, says Rahul Mohindar, technical analyst, on CNBC-TV18, as closing market strategy.

3:24 PM - Buy Orchid Chemicals with a target of Rs 110 and stop loss of Rs 73, says Neera Jain, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 92, up 4.11% on the BSE.

3:20 PM - Nifty still has some steam left and could go to 3200 in the near term, says Rajat Bose, technical analyst, on CNBC Awaaz. If Sensex crosses 9890, then 10700 is also possible, he adds. Now midcaps are likely to rally, he says.

3:13 PM - The European markets are trading mixed. Sensex slips nearly 175 points and Nifty nearly 50 points from the day's highs. Sensex is trading at 9811, up 121 points and Nifty is at 2973, up 52 points from the previous close. CNX Midcap index is up 3.74% and BSE Smallcap index is up 3.54%. The market breadth is positive with advances at 1075 against declines of 174 on the NSE.

3:08 PM - Hold Essar Oil as it has resistance at Rs 100 where one can book profits, says Raj Kishore Bank, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 75, he adds. The stock is currently trading at Rs 90, up 3.3% on the BSE.

2:54 PM - Buy Maharashtra Seamless with a target of Rs 175 and stop loss of Rs 125, says Neera Jain, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 148, up 3.44% on the BSE.

2:46 PM - Hold GMDC with a target of Rs 44-45 where one can book partial profits, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 38, up 20% on the BSE.

2:38 PM - Buy IVRCL with a target of Rs 210 and stop loss of Rs 123, says Neera Jain, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 166, up 8.9% on the BSE.

2:32 PM - If Balrampur Chinni breaks Rs 48 it can go to Rs 65 so hold the stock, says E Mathew, technical analyst, on CNBC TV18. The stock is currently trading at Rs 47, up 15.3% on the BSE.

2:18 PM - Buy Bongaigaon Refinery with a target of Rs 45 and stop loss of Rs 35, says Neera Jain, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 39, up 1.53% on the BSE.

2:11 PM - The Asian markets are trading firm and European markets have opened in the positive. The Indian market is also looking good. Sensex is trading at 9833, up 193 points and Nifty is at 2997, up 76 points from the previous close. CNX Midcap index is up 3.71% and BSE Smallcap index is up 3.49%. The market breadth is positive with advances at 1076 against declines of 150 on the NSE.

1:58 PM - Buy Andhra Cement with a target of Rs 30 where one can book profits, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 27, up 10% on the BSE.

1:50 PM - Karvy Stock Broking maintains a buy call on Syndicate Bank with a target price of Rs 71, reports Zee Business. The stock is currently trading at Rs 60, up 3.54% on the BSE.

1:43 PM - Satyam is a buy on dips for the long term, says Anita Gandhi of Arihant Capital Market, on NDTV Profit. JP Morgan is overweight on the stock with a target of Rs 475. The stock is currently trading at Rs 225, up 2.02% on the BSE.

1:34 PM - Buy Balrampur Chinni with a target of Rs 48 and support at Rs 32, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 42, up 5.14% on the BSE.

1:25 PM - Buy Nalco with a target of Rs 195 and stop loss of Rs 183, says KR Choksey, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 186, up 3.39% on the BSE.

1:17 PM - Karvy Stock Broking maintains a buy call on ACC with a target price of Rs 530, reports Zee Business. The stock is currently trading at Rs 502, up 1.60% on the BSE.

1:10 PM - The next two months are likely to see bouts of selling at higher levels, says PN Vijay, portfolio manager, on CNBC TV18. There will be some volatility going ahead, but long-term investors are coming in and giving a nice bottom to this market, he says.

1:00 PM - The Asian markets surge on the news of a likely 75 bps Fed rate cut tomorrow. The Indian market is off the day's highs but still looking smart. Sensex is trading at 9790, up 100 points and Nifty is at 2965, up 43 points from the previous close. CNX Midcap index is up 2.74% and BSE Smallcap index is up 2.70%. The market breadth is positive with advances at 1042 against declines of 167 on the NSE.

12:52 PM - Buy RPL with a target of Rs 100, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 86, up 2.97% on the BSE.

12:43 PM - Buy BHEL with a target of Rs 1500 where one can look to exit the stock, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 1368, up 0.61% on the BSE. Indiainfoline has a target of Rs 1450 on the stock.

12:34 PM - Buy Mahindra & Mahindra with a target of Rs 350, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 310, up 5.89% on the BSE.

12:27 PM - Sell Raymond on rallies as it has a target of Rs 140-150 and maintain a stop loss of Rs 80, says Salil Sharma of Kapoor & Sharma Company, on CNBC Awaaz. The stock is currently trading at Rs 106, up 2% on the BSE.

12:15 PM - New home loan package is valid till June 2009, says OP Bhatt, CMD of SBI, on NDTV Profit. Rate of interest for home loans upto Rs 5 lakh will not be more than 8.5%, he says. Home loans of Rs 5-20 lakh for maximum of 20 years will be at 9.25%, margins at 15%, he says. No processing, pre-payment fees on loans upto Rs 5 lakh, he adds.

12:08 PM - The market reacts positively to the home loan package by PSU banks and is trading firm. Sensex is trading at 9909, up 219 points and Nifty is at 3000, up 79 points from the previous close. CNX Midcap index is up 3.65% and BSE Smallcap index is up 3.43%. There is buying in metals, realty and banking stocks. The market breadth is positive with advances at 1045 against declines of 130 on the NSE.

11:57 AM - Buy Maruti Suzuki with a target of Rs 525, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 512, up 1.12% on the BSE.

11:49 AM - Sell Suzlon on rallies and switch to stocks like Punj Lloyd or Praj Industries, says Rajesh Tambe, market analyst, on Zee Business. Suzlon is currently trading at Rs 55, up 6.80% on the BSE.

11:41 AM - SMC Global Securities maintains a buy call on Bombay Dyeing with a target of Rs 227 and stop loss of Rs 155, reports CNBC Awaaz. The stock is currently trading at Rs 189, up 3.80% on the BSE.

11:34 AM - Crnindia.com maintains a buy call on Rajesh Exports with a target of Rs 29 and stop loss of Rs 24, reports CNBC Awaaz. The stock is currently trading at Rs 27, up 3.63% on the BSE.

11:26 AM - Buy Unitech with a target of Rs 45 and support at Rs 30, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 38, up 11.37% on the BSE.

11:20 AM - USD weakens to spur investments in EM equities, says Sandip Sabharwal of JM Financial, on NDTV Profit. The market could be rangebound for brief period of time, he feels. The market has already factored in corporate earning degrowth, he says. The current quarter could be the worst in last 24-25 quarters, he adds.

11:14 AM - Sell Suzlon on rallies with a target of Rs 65 as it will see overhead supply at that level, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 55, up 6.80% on the BSE.

11:07 AM - Buy DLF with a target of Rs 350, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 228, up 4.43% on the BSE.

11:00 AM - The Asian markets have posted big gains. The Indian market is also looking good. Sensex is trading at 9895, up 205 points and Nifty is at 2992, up 70 points from the previous close. CNX Midcap index is up 2.42% and BSE Smallcap index is up 2.36%. The market breadth is positive with advances at 902 against declines of 146 on the NSE.

10:52 AM - SMC Global maintains a buy call on NTPC with a target of Rs 195 and stop loss of Rs 150, reports CNBC Awaaz. The stock is currently trading at Rs 167, up 1.27% on the BSE.

10:44 AM - Crnindia.com maintains a buy call on Vijaya Bank with a target of Rs 34 and stop loss of Rs 28, reports CNBC Awaaz. The stock is currently trading at Rs 32, up 2.56% on the BSE.

10:37 AM - Buy PNB with a target of Rs 500 and support at Rs 450, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 481, up 2.72% on the BSE.

10:30 AM - Buy Reliance Industries as it has a target of Rs 1350, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1329, up 1.75% on the BSE.

10:22 AM - Buy SBI with a target of Rs 1275, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1229, up 1.18% on the BSE.

10:15 AM - Buy Cairn Inida as it has a target of Rs 162-164 and stop loss of Rs 152, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 157, up 3.29% on the BSE.

10:10 AM - If Nifty sustains above 2950 then one can initiate fresh longs, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Intra-day Nifty has an upside to go to 3000-3025 and one should maintain a stop loss of 2940, he adds.

10:03 AM - The market sees a gap up opening this Monday. Sensex is trading at 9871, up 181 points and Nifty is at 2979, up 57 points from the previous close. CNX Midcap index is up 1.9% and BSE Smallcap index is up 1.09%. The market breadth is positive with advances at 451 against declines of 41 on the NSE.

9:59 AM - Sell HCL Technologies with a target of Rs 80 and stop loss of Rs 122, says Ashwani Gujral, technical analyst, on CNBC Awaaz.

9:55 AM - The fundamentals of the market still look weak and the market is unlikely to break 10000 on Sensex, says Sandeep Bhatia of Kotak Securities, on NDTV Profit. IIP data for November could be worse than October, he says. The impact of US fiscal package to be seen from June '09, he feels. India's GDP growth rate for next fiscal seen at 5%, he says.

9:46 AM - This is a major pullback rally that has steam to take Nifty to 3000 levels, says Rajat Bose, technical analyst, on CNBC-TV18. Once Nifty crosses 3050-3150 one can even see 3250-3300, he says. This is a buy on dips market and Nifty could touch 3400 by mid-January, he adds. Once Sensex crosses 9890 then 10170 is possible, he adds.

ninad avasare
Stock Trading Robot