Sensex Technical View:
The view remains the same as yesterday. For Nifty its a range of 5280-5380.
Sensex its been ranged between 17500-17900.
For now the momentum has been seen in only the broader market as expected.
Ever since last month have mentioned my liking for midcap banking sector. Also had tried to put in a bit of queries open to all so readers could research a bit and pick the best.
Our favorites Dhanalaxmi Bank and Karnataka rocked the street so did the others.
Dhanalaxmi Bank 145 to 190 ( client reco) mentioned strong buy on technicals on blog at 157
Karnataka Bank 142 to 180 was another rocker.
Some Technical Charts :
DLF - Above 295
Reliance Inds - 1100 above
Canara Bank above 446-449
Stocks to watchout for:
Real Estate Stocks – India Bull Real Estate, DLF and HDIL could see spikes of 5-8% in near term. Check charts posted on the blog.
GMDC and Guj Alkalies under strong accumulation going on as per charts. Traders can keep a watch for volumes change
Persistent Systems a good long term story can see a sharp move to 460 if closes above 420.
Buy GIC housing above 105 / Atlanta above 325 /Venkys India above 505 and TVS motors above 110. Stoploss of 3% tgt of 8-12 %
Attractive Discount on our Advisory Services only till 30 June.
Introducing 3 new schemes.
1) QuickGains Premium+ Intra Day Calls
2) Quickgains Premium + Delivery Gains
3) QuickGains Only Nifty Futures
The discount is applicable on all our exisiting schemes in this period.
For more details call Asif – 09833666151 or mail to analyseindia@gmail.com
Regards,
Nooresh
June 29, 2010
Hello Nooresh,
I had a word with Asif yesterday. Does Quickgains premium has futures call(Stocks, Nifty)? And will those be given by you or Shaams? When will you be announcing the launch of your own broking firm? Can I expect it within this week?
Also, what is the basic investment that you would advice to begin with?
Arun Karthik
June 29, 2010
Hi Arun,
Shams looks after intra-day calls and Nifty futures intra-day.
Rest all the short term delivery calls and Delivery Gains are generated by me. QuickGains Premium has positional calls on Nifty last one was given at 4800 and short term calls on stocks but spot levels mentioned.
The broking firm details would be up in the next week.
The investment ideally should be 2-2.5 lakhs on minimum side and maximum it can be any no of crores.
Regards,
Nooresh
June 29, 2010
Thanks Nooresh.
Basically i’m a small investor and have just 1 lakh with me right now. Im planning to trade in futures. Is this money enough to start up with your recommendations and can I buy the future equivalent of your spot calls?
Since im much inclined towards the futures(Nifty, Stocks) and short-term gains, which of your advisory would siut me the best?
June 29, 2010
Hi Arun,
First of all small investors should not look into futures as its too high a leverage to go for.
You should look towards more of long term else increase the capital.
June 29, 2010
Thanks Nooresh.
June 29, 2010
Sir want your view on ABAN. I bought at 660 and booked today at avg price of 815. Will it come down again and what levels I should enter again in it & also give me tgt on it.
Regards
Amit
June 29, 2010
Dear Nooresh,
Do you see dow jones falling below 10000 a threat to our rally ?? Would we stabilise at these levels before we jump again or are we going back to 4800 levels again ?
June 30, 2010
Hi Meetesh,
View Updated on global indices.
June 30, 2010
Hi Nooresh,
I want to know target for Provogue (I) bought at Rs.65 (2000 Qty.).
June 30, 2010
Hi Vivek,
The stock can give a move to 65 where you can look to reduce exposure.
Regards,
Nooresh
June 30, 2010
HI sir,
Hesh here. What abt ALEMBIC LTD. I saw some spike in daily basis but i expect some more up move in weekly absis till 65-72-75 what ur views. Canara bank tgt 40-60 bugs frm 450 level?
Thanks.
He$H…
June 30, 2010
HI sir,
Hesh here. What abt ALEMBIC LTD. I saw some spike in daily basis but i expect some more up move in weekly basis till 65-72-75 what ur views. Canara bank tgt 40-60 bugs frm 450 level?
Thanks.
He$H…
June 30, 2010
Hi nooresh tanla bought at 62. Now 38..n not moving at all.. Give update.. As it was my mistake tat i couldn’t come out when sl hit
June 30, 2010
Sir you have not replied my query 🙁