Free Investment Guide

3:51 PM - After the significant fall yesterday, the market had a good day today, where it clearly outperformed most of its Asian peers. Sensex ended the day at 13,111, up 536 points from the previous close. Nifty shut shop at 3947, up 130 points. CNX Midcap and BSE Smallcap indices gained 1.9% and 1% respectively. Heroes of the day were interest rate sensitives; banking, capital goods, realty and auto stocks. On the other hand, metals saw selling pressure. Top Sensex gainers include DLF, Maruti, HDFC and JP Associates, while index losers were Ranbaxy, Tata Steel and Ambuja Cements.

3:46 PM - The market seems to have gathered some strength for the short term now, says Rahul Mohindar, technical analyst, on CNBC-TV18. The Nifty can run up to 4100, he adds. So look at banking and capital goods stocks now, as they may see a short term run up, he suggests.

3:40 PM - Polaris has support at Rs 65-70, says Rahul Mohindar, technical analyst, on CNBC-TV18. But IT may not see nuch upside going ahead, so if long here, avoid it, he suggests. The stock is at Rs 78.75, up 15.5% on the BSE.

3:32 PM - The market ended close to the highs of the day. Sensex ended at 13,133, up 558 points (provisional) from the previous close. Nifty shut shop at 3954, up 137 points (provisional).

3:25 PM - Hold on to Nifty long with a stoploss of 3858, says Anil Maghnani, technical analyst, as market closing strategy, on CNBC-TV18.

3:19 PM - Book profits in Nifty longs; next resistance will come in at 3980, says Vijay Bhambwani, technical anlayst, as market closing strategy, on CNBC-TV18.

3:11 PM - Gateway Distripaks can possibly move up to Rs 95-96 now, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep a stoploss below Rs 78 and continue to hold it, he suggests. It is currently trading at Rs 80.15, up 8.3% on the BSE.

3:03 PM - In autos, one can look at buying Maruti and Tata Motors at lower levels, as they see to have found some strength now, says Rajat Bose, technical analyst, on CNBC-TV18.

2:55 PM - The incremental flows at FII desk is positive today; buy-sell ratio is at 2:1, say dealers, reports CNBC-TV18. Some long-only and hedge funds are buying into largecaps, they add. Domestic flows are mixed, as many are still waiting on the sidelines. Dealers see Nifty supports at 3850-3780 and resistances at 4030-4090.

2:48 PM - Union Bank has support at Rs 98 and will face resistance at Rs 115-120, says Prakash Gaba, technical analyst, on CNBC Awaaz. But the stock needs to make a base before moving up, he adds. It is currently trading at Rs 107.50, up 7.4% on the BSE.

2:41 PM - An upside is possible in Bombay Rayon, but it wil face resistance at Rs 300-310, says Prakash Gaba, technical analyst, on CNBC Awaaz. It is currently trading at Rs 297.20, up 7.9% on the BSE.

2:33 PM - RPL can fall to Rs 140 or even lower if the market falls, says Anuj Dixit, technical analyst, on Zee Business. So if you have a short term view, then sell the stock at higher levels, he suggests. For the long term, hold the stock with a stoploss at Rs 140, he adds. It is currently trading at Rs 148.20, down 3.6% on the BSE.

2:26 PM - Voltas has a 12-month target of Rs 225, says Vikas Sethi, MD, Sethi Finmart, on CNBC-TV18. The stock is at Rs 122.40, up 1% on the BSE.

2:20 PM - Zee News has support at Rs 40-45, where one can buy/average the stock for a target of Rs 52-55, says Anuj Dixit, technical analyst, on Zee Business. But keep a stoploss at Rs 39, he suggests. The stock is at Rs 44.20, down 2.2% on the BSE.

2:13 PM - If Bharti Airtel can sustain above Rs 739, then one can see it go up to Rs 772-780, where it wil face reistance, says Rajat Bose, technical analyst, on CNBC-TV18. The stock is at Rs 751.90, up 3% on the BSE.

2:05 PM - Aban Offshore has 12-month target of Rs 4,500, says Vikas Sethi, MD, Sethi Finmart, on CNBC-TV18. The stock is at Rs 2,636, up 1% on the BSE.

1:56 PM - One can continue to hold NMDC with a stoploss at Rs 208, says Anuj Dixit, technical analyst, on Zee Business. Look at exiting the stock at higher levels like Rs 265-280, he suggests.

1:49 PM - If Asian Electronics falls below Rs 69, then it can go down to Rs 50-45, says Anuj Dixit, technical analyst, on Zee Business. So keep a stoploss of Rs 69 here, he suggests. It is currently at Rs 77.45, up 2.9% on the BSE.

1:40 PM - There isn’t much upside seen in banking stocks in the coming months, says Anuj Dixit, technical analyst, on Zee Business. So exit Yes Bank on any rally to Rs 118-120, he suggests. It is currently trading at Rs 109.15, up 3.7% on the BSE.

1:33 PM - IIFL has initiated coverage on Zee Entertainment with an ‘add’ rating and a target price of Rs 216, reports CNBC-TV18. The stock is currently trading at Rs 183.25, up 0.6% on the BSE.

1:24 PM - RPL is directly connected to crude oil prices, says Satish Kannav of Arihant Capital Markets, on NDTV Profit. So if crude falls to $112-110 per barrel, then it won’t move up easily again and in that case, expect RPL to fall too, he explains. Therefore exit RPL at higher levels, he suggests. It is currently trading at Rs 151.80, down 1.3% on the BSE.

1:16 PM - Prabhudas Lilladher maintains ‘buy’ rating on Tanla Solutions with a target price of Rs 360, reports CNBC-TV18. The stock is currently trading at Rs 206, up 2.1% on the BSE.

1:09 PM - European markets are up, and this has boosted the Indian market as well. It has regained its morning strength and the Sensex is currently trading at 13,044, up 469 points from the previous close. Nifty is at 3931, up 115 points. CNX Midcap index is up 1.9%.

1:02 PM - Stay away from the midcaps for now, as first largecaps will recover and then midcaps, says Hemen Kapadia, technical analyst, on Zee Business. And unless there is a strong recovery in the largecaps, don’t expect much from midcaps, he adds.

12:53 PM - The market expects inflation to come out at 12.05% today evening, says Hemen Kapadia, technical analyst, on Zee Business. So if it is above ths, it will be negative for the market, he adds.

12:45 PM - TCS fell from Rs 890 to Rs 719 in four days and is still in an intermediate downtrend, says Hemen Kapadia, technical analyst, on Zee Business. The outlook for the stock remains negative here, he adds. It is currently trading at Rs 763.70, up 5% on the BSE.

12:32 PM - One can look at buying RPL at lower prices like Rs 110-120, says Ashish Kapoor, CEO, Investshoppe, on NDTV Profit. The stock is currently trading at Rs 151.25, down 1.6% on the BSE.

12:23 PM - If Ranbaxy does not close above 480 and closes below Rs 457, then it can slip further down, says Hemen Kapadia, technical analyst, on Zee Business. The stock is currently trading at Rs 452, down 4% on the BSE.

12:16 PM - One can buy RNRL at current levels for a target price of Rs 90-100, says Satish Kannav of Arihant Capital Markets, on NDTV Profit. The stock is currently trading at Rs 65.65, up 2.3% on the BSE.

12:09 PM - Religare Research has maintained its buy rating on PSL with a target price of Rs 500, reports CNBC-TV18. The stock is currently trading at Rs 316, up 0.3% on the BSE.

12:03 PM - Sensex is currently trading at 12,913, up 337 points from the previous close. Nifty is at 3890, up 74 points. Metal stocks are witnessing heavy selling pressure, while interest rate sensitives like banking, realty and auto stocks are attracting buying interest. IT and capital goods are also in favour today.

11:57 AM - One should stay invested in realty stocks like DLF and Unitech, as they will not only recover all their losses, but also give good returns in the next bull rally, says Satish Kannav of Arihant Capital Markets, on NDTV Profit. Just have a long term view on them, he suggests.

11:50 AM - It is best to exit Siemens close to Rs 500, as one can get it again at lower levels, says Ashwani Gujral, technical anlayst, on CNBC Awaaz. The stock is currently trading at Rs 444.05, up 2.9% on the BSE.

11:41 AM - One can continue to hold Punj Lloyd with a stoploss of Rs 183 for a target of Rs 245, says Ashwani Gujral, technical anlayst, on CNBC Awaaz. The stock is currently trading at Rs 201.60, up 3.4% on the BSE.

11:34 AM - ABB is in a clear downtrend, says Ashwani Gujral, technical anlayst, on CNBC Awaaz.It has support at Rs 712 and resistance at Rs 950, he adds. Exit the stock on rallies, he suggests. It is currently trading at Rs 838, up 1.5% on the BSE.

11:26 AM - L&T may make an intermediate bottom in the coming days and then rally from there, says Ashwani Gujral, technical anlayst, on CNBC Awaaz. It has support at Rs 2,100, where one can by the stock, for a target of Rs 2,550-2,600, he adds. But prices like Rs 3,500 is not possible in the next 1-2 years, he says. The stock is currently trading at Rs 2,362, up over 4% on the BSE.

11:16 AM - Karvy Stock Broking has rated ACC as an ‘outperformer’, with a target price of Rs 642,reports CNBC-TV18. The stock is currently trading at Rs 533, up 3.6% on the BSE.

11:08 AM - Ranbaxy has become a momentum stock now, says Neppollian Pillai of Modern Shares & Stock Broking, on CNBC-TV18. So it is more of a trader’s stock than an investor’s, he adds. It will face some problem in crossing the Rs 490 mark, he says. The stock is currently trading at Rs 446.50, down over 5% on the BSE.

10:59 AM - The market is still trading up, but off the day’s high. Sensex is at 12,878, up 302 points from the previous close. Nifty is at 3892, up 75 points. CNX Midcap index is up 1.1% and BSE Smallcap index, up 1%. Banking, realty, IT and auto stocks are having a good day, while healthcare and metal stocks are facing some selling pressure. Market breadth is strong with 781 advances against 318 declines on the BSE.

10:50 AM - Karvy Stock Broking has an ‘outperformer’ rating Ambuja Cements, with a target price of Rs 101, reports CNBC-TV18. The stock is currently trading at Rs 82.75, up 1.8% on the BSE.

10:42 AM - Charts of metal stocks are showing a positive divergence that suggests that selling is over here, says Salil Sharma, technical analyst, on NDTV Profit. Now all they need is a trigger to move up, he adds.

10:34 AM - TCS’ revenues are in line, but margin contraction is more than anticipated, says R Ravi of Karvy Stock Broking, on CNBC-TV18. The brokerage sees TCS FY09 EPS at Rs 61.20, he says. So it has a ‘buy’ rating on the stock, with a target price of Rs 1,065, he adds. It is currently trading at Rs 769.15, up 5.8% on the BSE.

10:27 AM - SAIL should move above Rs 142 for a sustained upmove, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 129.85, up over 2% on the BSE.

10:20 AM - Tata Steel needs to move above Rs 657 for a sustained upmove, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 638.25, up over 2% on the BSE.

10:13 AM - Avoid Ispat Industries in the current market scenario, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 22.30, up 4.5% on the BSE.

10:04 AM - If Gujarat NRE Coke breaks Rs 100, then it can fall to Rs 85-84, says Neppollian Pillai of Modern Shares & Stock Broking, on CNBC-TV18. The stock is currently tarding at Rs 104.90, up 4.6% on the BSE.

9:57 AM - The market has opened higher on Thursday. Sensex is at 13,094, up 518 points from the previous close. Nifty is at 3963, up 146 points.

9:54 AM - The market may have a gap up opening today and Nifty move above 3950 is expected, says an NDTV Profit Opinion Poll. Nifty range is expected to be 3865-3932. Stocks to watch include BGR Energy, Reliance Infrastructure and Shree Renuka.

9:51 AM - TCS stock may remain rangebound in today’s trade, says Angel Broking, reports NDTV Profit. And it will continue to underperform in the short term, they add. The brokerage expects to see 8-10% EPS downgrade for FY09.

9:46 AM - The Sensex may not go below 12,500-11,800, says Neppollian Pillai of Modern Shares & Stock Broking, on CNBC-TV18. Even if it falls to these levels, it will bounce back, he adds. On the upside, it may face resistance at 13,475-13,700, he says.

9:40 AM - The weekly inflation data will be out today, reports CNBC-TV18. The government has shifted the date of release of inflation data to Thursday evening, 5 pm every week now onwards.

9:33 AM - Tata Consultancy Services has declared its first quarter numbers. The company has posted consolidated net profit of Rs 1,243.6 crore for the quarter ended June 2008 against Rs 1,255.9 crore in previous quarter, reports CNBC-TV18. Revenues have come at Rs 6,411 crore versus Rs 6,094.7 crore (US GAAP). The stock touched a low of Rs 719 yesterday and closed at Rs 727.35, on the BSE.

ninad avasare
Doubling Stocks

3:50 PM - It was yet another gloomy day, as market key indices broke important levels. Poor global cues along with selling pressure at higher levels and lack of buying interest in the market back home, forced the indices to newer 2008-lows during trade. Sensex ended the day at 12,575, down 100 points from the previous close. Nifty shut shop at 3816, down 44 points. CNX Midcap and BSE Smallcap indices lost 1.1% and 1.7% respectively. The market was dragged down by realty stocks, though FMCG and healthcare stocks tried to give some support. Biggest losers on the Sensex include DLF, JP Associates, Mahindra & Mahindra and HDFC, while gainers were Ranbaxy (after the management’s clarifications on the US FDA issue in the morning), ONGC and Bharti Airtel, among others.

3:46 PM - If Balrampur Chini closes above Rs 82 with good volumes, then that will be a buy signal, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The stock is at Rs 75.95, up 3.9% on the BSE.

3:43 PM - Shree Renuka Sugars looks relatively strong on the charts, says Jatinder Sharma, Equity strategist, on CNBC Awaaz. If it stabilises at Rs 113-114, then it will gain further momentum, he says. It has support at Rs 100-102, where one can accumulate the stock, he adds. It is at Rs 109.55, up 4.7% on the BSE.

3:39 PM - Usha Martin looks relatively strong on technical charts, says Jatinder Sharma, Equity strategist, on CNBC Awaaz. It has support at Rs 67, where one can accumulate the stock, he says. It will face resistance at Rs 87-88, he adds. The stock is at Rs 79.50, up 1.5% on the BSE.

3:33 PM - The opening was slightly higher, but as the day advanced, the market started slipping and closed in the negative terrain. Sensex ended the day at 12,652, down 23 points (provisional) from the previous close. Nifty shut shop at 3842, down 18 points (provisional). The Nifty fell to an intra-day low of 3790 today.

3:27 PM - Buy Tata Steel for short term with a target of Rs 750 and stoploss of Rs 600, says Ashwani Gujral, technical analyst, as market closing strategy, on CNBC-TV18.

3:25 PM - Sell Tata Steel with a target price of Rs 582, says Rahul Mohindar, technical analyst, as market closing strategy, on CNBC-TV18.

3:22 PM - Buy Nifty for short term, target of 4000, keeping stoploss of 3720, says Ashwani Gujral, technical analyst, as market closing strategy, on CNBC-TV18.

3:20 PM - Marico looks weak and can fall to Rs 42-40, says Jatinder Sharma, Equity strategist, on CNBC Awaaz. The stock is currently trading at Rs 50.50, up 1.9% on the BSE.

3:12 PM - FIIs continue to be on the sell side; buy-sell ratio is at 1:2, say dealers, reports CNBC-TV18. There’s lack of buying, as well as selling at higher levels, they add. Larger investors are not too keen to buy in the market unless the vote of confiodence takes place, they say.

3:05 PM - Sintex Industries looks weak since the time it fell below Rs 330, says Jatinder Sharma, Equity strategist, on CNBC Awaaz. It has support at Rs 240-245, he adds. The stock is currently trading at Rs 288.55, up 2.5% on the BSE.

2:58 PM - DLF can possibly fall to Rs 310-300 int he coming days, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. The stock is currently trading at Rs 393.35, down 7.9% on the BSE.

2:50 PM - Ranbaxy now has support at Rs 383-390, says Jatinder Sharma, Equity strategist, on CNBC Awaaz. On the upside, if it trades above Rs 470 consistently, then it will have a target of Rs 530-540, he adds. It is currently trading at Rs 458, up 11.9% on the BSE.

2:44 PM - Gayatri Projects has a target price of Rs 260, says Ashish Maheshwari, MD, India Capital Markets, on CNBC-TV18. The stock is currently trading at Rs 195, up 0.5% on the BSE.

2:37 PM - Cairn India has a crucial support at Rs 220, says Jatinder Sharma, Equity strategist, on CNBC Awaaz. If Rs 220 breaks, then expect Rs 190-180 levels, he adds. If Rs 220 sustains, then it may show a minor rebound to Rs 250, he adds. It is currently trading at Rs 222.50, down 5.7% on the BSE.

2:30 PM - If Sunflag Iron breaks out of Rs 17, then one can find a short term opportunity here, says Hitendra Vasudeo, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 15.75, up 4% on the BSE.

2:22 PM - BGR Energy Systems has secured an EPC contract from Rajasthan Rajya Vidyut Utpadan Nigam worth Rs 4,900.06 crore, according to the BSE. The stock is currently trading at Rs 248, up 13.5% on the BSE.

2:15 PM - Plethico Pharma has a target price of Rs 480, says Ashish Maheshwari, MD, India Capital Markets, on CNBC-TV18. The stock is currently trading at Rs 379.75, down 0.9% on the BSE.

2:05 PM - The market seems to be stuck in a range now. Sensex is at 12,663, down 12 points from the previous close. Nifty is at 3827, down 33 points. The 50-share index has hit a new 2008-low of 3830. CNX Midcap index is down 1.2% and BSE Smallcap index, 0.9%. Realty, consumer durables and auto stocks are having a bad day, while FMCG and healthcare stocks are being picked up.

1:56 PM - Angel Broking maintains ‘buy’ rating on Patel Engineering, with 12-month target price of Rs 418, reports CNBC-TV18. The stock is currently trading at Rs 346.35, up 0.8% on the BSE.

1:48 PM - If crude falls below $137 per barrel, then expect it to go down to $126 per barrel, says Daryl Guppy of guppytraders.com, on CNBC-TV18.

1:41 PM - ICICI Bank has support at Rs 520, says Daryl Guppy of guppytraders.com, on CNBC-TV18. The stock is currently trading at Rs 531, up 0.3% on the BSE.

1:33 PM - UBS maintains RIL’s fundamental value at Rs 3,190 per share, says Suresh Mahadevan from the brokerage, on NDTV Profit. The stock is currently trading at Rs 1,988, up 0.6% on the BSE.

1:26 PM - Infosys had support at Rs 1,700, says Daryl Guppy of guppytraders.com, on CNBC-TV18. But since this is broken, next support level comes in at Rs 1,500, he adds. The stock is currently trading at Rs 1,553, down 0.6% on the BSE.

1:19 PM - European markets are trading slightly higher and so is the market back home. Sensex is at 12,757, up 80 points from the previous close. But the Nifty is at 3856, down 4 points. CNX Midcap index is down 0.8% and BSE Smallcap index, down 0.6%. Market breadth is negative, with 432 advances against 777 declines on the BSE.

1:14 PM - UBS is overweight on pharma, metals and mining sectors, says Suresh Mahadevan from the brokerage, on NDTV Profit. Stock-wise, it is positive on RIL, Idea Cellular, Tata Power, L&T, HUL and Indiabulls Real Estate, he adds.

1:05 PM - Gremach is in a weak downtrend, says Rajesh Jain of SMC Global, on NDTV Profit. It has resistance at Rs 120-125, he adds. Exit the stock at higher levels and re-enter again at lower levels, he suggests. It is currently trading at Rs 82.40, down 5% on the BSE.

12:57 PM - The telecom space looks atrractively valued at current levels, says Suresh Mahadevan of UBS, on NDTV Profit. But spectrum fees poses a short term problem for telecom companies, he adds. Also, ARPUs will continue to go down, he says.

12:45 PM - ICICI Bank has support at Rs 480-500 and strong resistance at Rs 660-670, says Rajesh Jain of SMC Global, on NDTV Profit. One should look to exit the stock close to the resistance levels, he suggests. The stock may consolidate in this range for the next 3-4 months, he says. It is currently trading at Rs 529.85, up 0.1% on the BSE.

12:37 PM - Glenmark has been an outperformer and one should continue to hold it for now, says Rajesh Jain of SMC Global, on NDTV Profit. Look at exiting the stock at higher levels like Rs 675-700, he suggests. It has good support at Rs 520-500, he adds. It is currently trading at Rs 605, down 0.5% on the BSE.

12:28 PM - There are possibilities of a further downside in Concor, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. Once it crosses Rs 820, then it will indicate bottoming out signs, he says. It can be a good buy at Rs 650 or close to it, he says. The stock is currently trading at Rs 747, down 0.4% on the BSE.

12:21 PM - PFC is in a downtrend, but has support at Rs 100-95, says Rajesh Jain of SMC Global, on NDTV Profit. It will face resistance at Rs 125-130, he adds. Exit the stock on rallies, he suggests. It is currently trading at Rs 109.30, up 1.6% on the BSE.

12:13 PM - Religare maintains ‘buy’ rating on Sintex India, with a revised target price of Rs 503, reports CNBC-TV18. The stock is currently trading at Rs 287, up 1.9% on the BSE.

12:04 PM - The market is fast losing its morning gains now. Sensex is at 12,724, up 48 points from the previous close. Nifty is at 3851, down 10 points. CNX Midcap and BSE Smallcap indices are down 1.3% and 0.8% respectively. Realty, auto and metal stocks are the laggards today, while FMCG, healthcare and IT stocks are attracting buying.

11:57 AM - RPL can be a good buy at its long term support levels of Rs 135-105, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. In the short term, it is a sell, as it can fall to Rs 140, he says. On the upside, it will face strong resistance at Rs 175-180, he adds. It is currently trading at Rs 154.55, down 4.3% on the BSE.

11:48 AM - TCS has support at Rs 600-650 and resistance at Rs 850-900, says Rajesh Jain of SMC Global, on NDTV Profit. The stock is currently trading at Rs 751.90, up 0.3% on the BSE.

11:40 AM - Nifty has an immediate support at 3600, but if this is broken, it can fall to 2900, says Daryl Guppy of guppytraders.com, on CNBC-TV18. And below 3600, it will be a strong bear market, he adds.

11:32 AM - Reliance Capital has support in a broad range of Rs 960-820, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. It will face resistance at Rs 1,142 and Rs 1,221, but once these are crossed decisively, then that will be bottom confirmation and the start of a new pullback rally, he adds. The stock is currently trading at Rs 1,005, up 1.8% on the BSE.

11:26 AM - There’s more pain left in the market, but expect to see an upmove before fresh selling, says a market expert form ICICI Securities, on CNBC-TV18. The market is unlikely to break Tuesday’s lows significantly now, he adds. In fact, current lows can be the base for the next 3-4 months, he says.

11:19 AM - Karvy has a ‘buy’ rating on Sical Logistics, with a target price of Rs 155, reports CNBC-TV18. The stock is currently trading at Rs 98, up 3.5% on the BSE.

11:11 AM - Sensex has support at 12380-12,200 now, says Daryl Guppy of guppytraders.com, on CNBC-TV18. But it can fall to 10,000 if 12,200 fails to hold, he adds.

11:04 AM - The market is trading up. Sensex is at 12,877, up 201 points from the previous close. Nifty is at 3901, up 40 points. CNX Midcap index is up 0.4% and BSE Smallcap index, 0.8%.

10:54 AM - The market is in the process of forming a low, says a market expert form ICICI Securities, on CNBC-TV18. There are multiple supports for the Sensex at 12,600 levels, he says. Also, there are multiple resistances at 17,000 for the Sensex and at 5000 for the Nifty, he adds.

10:47 AM - If Spice Mobiles moves above Rs 32, then it can go up to Rs 35-40, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 28.35, down 4.6% on the BSE.

10:39 AM - The Nifty will continue to remain in the range 3850-4200, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. Below 3850, there isn’t any significant support visible, he adds.

10:32 AM - If Unitech continues to trade below Rs 160, then it can fall to Rs 125, says Ashwani Gujral, technical analyst, on CNBC Awaaz. One can’t say where the bottom will be made by realty stocks in a high interest rate envioronment, he says. Unitech is currrently trading at Rs 155.15, up over 1% on the BSE.

10:25 AM - TRF has received an order worth Rs 414 crore from Damodar Valley Corporation, reports NDTV Profit. The stock is currently trading at Rs 615, up 2.5% on the BSE.

10:18 AM - The situation is still not any better in private banking stocks, says Ashwani Gujral, technical analyst, on CNBC Awaaz. HDFC Bank can fall to Rs 700 and ICICI Bank, to Rs 475, he adds.
10:11 AM - Axis Bank has support at Rs 560, but if this breaks, then it can fall to Rs 450, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 597, up 0.1% on the BSE.

10:05 AM - TCS can possibly fall to Rs 600 now, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Expect an upside in the stock only after it crosses Rs 820, he adds. It is currently trading at Rs 748, down 0.2% on the BSE.

9:58 AM - The market has opened slightly higher on Wednesday. Sensex is at 12,835, up 158 points from the previous close. Nifty is at 3893, up 32 points.

9:52 AM - Ranbaxy has strong support at Rs 380-385, says Ashwani Gujral, technical analyst, on CNBC Awaaz. At these levels, one may see value buying emerging in the counter, he adds. The stock is at Rs 409.25 on the BSE.

9:46 AM - The US FDA issue is not new, has been on since 2-3 years, says Malvinder Singh, CEO of Ranbaxy, at a press conference, reports CNBC-TV18. Deal with Daiichi Sankyo is on, it is a binding deal, he adds. There is no change in the company’s US business after the US FDA news, he clarifies. There are no allegations filed against the company, only dialogues are on with the US FDA, he says.

9:39 AM - HDFC will continue to remain weak, unless it does not cross Rs 2,100, says Ashwani Gujral, technical analyst, on CNBC Awaaz. It has support at Rs 1,700 now, he adds. The stock is at Rs 1,800 on the BSE.

9:32 AM - If the Nifty continues to trade below 3850 consistently, then it may fall to levels like 3640-3600, says Ashwani Gujral, technical analyst, on CNBC Awaaz. On the upside, it will face some resistance at Rs 3900-3920, he adds.

ninad avasare
Doubling Stocks

4:00 PM - The week started with a hope, but ended with despair! With the Left withdrawing its support to the government, high crude oil prices, the start of the result season and poor economic data, the market had a lot of news to deal with. It lost almost all the gains it made during the beginning of the week on the last day. Sensex gained just 0.3% and Nifty, 1% over the week. CNX Midcap index gained 1.8% and BSE Smallcap index, 4%.

3:54 PM - IT heavyweight Infosys’ first quarter numbers came in line with market expectations, but even that could not save the market from falling to crucial levels today. In fact, technology stocks saw huge selling pressure today. Poor economic data (inflation and IIP numbers), along with rising crude oil prices also played significant roles in spoiling the market sentiment. Sensex ended at 13,469, down 456 points from the previous close. Nifty shut shop at 4049, down 113 points. CNX Midcap and BSE Smallcap indices lost 2.4% and 1.3% respectively. All BSE sectoral indices closed lower, but that for IT, capital goods and power got hit the most. So the biggest losers on the Sensex included JP Associates, TCS, Infosys and L&T, while gainers were Ambuja Cements, HDFC Bank, Cipla and Bharti Airtel, among others.

3:50 PM - Nalco has a target of Rs 425-430, if te market stabilises, says Ashwani Gujral, technical analyst, on CNBC-TV18. It has good support at Rs 320, he adds. It is at Rs 381.55 on the BSE.

3:44 PM - The Nifty may see a bottom at 3850 and face resistance at 4100-4150 now, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18.

3:38 PM - Decline in the next phase may be led by technology stocks, says Ashwani Gujral, technical analyst, on CNBC-TV18. Wipro now seems to be heading down to Rs 360 and TCS to Rs 650, he adds.

3:32 PM - It started good, but poor economic data and rising crude oil price pushed the market key indices to crucial levels. Sensex ended the day at 13,501, down 425 points (provisional) from the previous close. Nifty shut shop at 4059, down 102 points (provisional).

3:26 PM - Square up all positions in the market; the Nifty now has crucial support at 3960, says Vijay Bhambwani, technical analyst, as market closing strategy, on CNBC-TV18.

3:23 PM - Go long on Nifty Futures around 3988, with a stoploss of 3950 on closing basis, says Neppolian Pillai, technical analyst, as market closing strategy, on CNBC-TV18.

3:20 PM - The way technology stocks are witnessing selling pressure, Satyam Computer may go down to Rs 420, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 442.25, down 7.7% on the BSE.

3:13 PM - If Infosys falls below Rs 1,680, then it is heading down to Rs 1,500, says Ashwani Gujral, techncial analyst, on CNBC-TV18. The stock is currently trading at Rs 1,683.95, down 6.8% on the BSE.

3:05 PM - Sensex is currently trading at 13,389, down 536 points from the previous close. Nifty is at 4025, down 136 points. CNX Midcap and BSE Smallcap indices are down 2.4% and 1.6% respectively. Market breadth is also weak, with 308 advances against 927 declines on the NSE.

2:57 PM - Inflation has come in-line with expectations of 12%, says Nilesh Shah of Envision Capital, on NDTV Profit. But the RBI could hike rates further, he adds. IIP numbers are at cyclical lows and cannot get worse than current levels, he says.

2:50 PM - Hindalco will face strong resistance at Rs 157-160, says Salil Sharma, technical analyst, on CNBC Awaaz. It looks a little weak on charts, so one can book profits here and switch to Tata Steel, which looks good, he suggests. Hindalco is currently trading at Rs 153.50, down 0.1% on the BSE.

2:42 PM - Credit Suisse maintains ‘outperformer’ rating on Sterlite Industries, with a target price of Rs 850, reports CNBC-TV18. The stock is currently trading at Rs 667, up 2.5% on the BSE.

2:32 PM - If 13,400 remains intact on the Sensex and the relief rally continues in the next trading session, then all is still fine, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. But if this level is broken, then expect to see 12,800 on the Sensex, he adds.

2:24 PM - IIP numbers for May disappointed the market, say dealers, reports CNBC-TV18. There are incremental sell orders at the institutional desk, they say. Domestic funds are also selling largecap names, they add. Fresh short positions are being build in technology and capital goods stocks.

2:17 PM - Poor IIP numbers already disappointed the market and rising crude oil prices are adding fuel to the fire. Sensex is at 13,512, down 413 points from the previous close. Nifty is at 4059, down 102 points. CNX Midcap index is down 1.8% and BSE smallcap index, down 0.8%. Market breadth is also weak with 379 advances against 838 declines on the NSE.

2:10 PM - The Nifty seems to have taken good support at 4040-4060 and traders can push it up from here, says Rahul Mohindar, technical analyst, on CNBC-TV18. But if 4040 is broken, then it can fall to 3970 easily, he adds.

2:02 PM - Axis Bank will face resistance at Rs 710, but once this is crossed, it can surge to Rs 750-760, says Rahul Mohindar, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 668, down 1.6% on the BSE.

1:52 PM - One should exit Ispat Industries on rallies and switch to better stocks, says Shubra Gupta, market analyst, on Zee Business. The stock is currently trading at Rs 22.80, down 4.8% on the BSE.

1:44 PM - May consumer goods growth came at 7.2% versus 8.7%, YoY, reports CNBC-TV18. May consumer durables growth came at 4.4% versus -0.7%, consumer non-durables growth at 8.1% versus 12.1%, all YoY. May food products growth came at -8.6% and that for petroleum and coal products at -10.4%.

1:36 PM - If you are a short term investor, then look at exiting Suzlon at Rs 250-260, says Shubra Gupta, market analyst, on Zee Business. On the downside, if it closes below Rs 195, then too, exit the stock, she adds. But if you have 1.5-2 years view, then continue to hold the stock, she suggests. It is currently trading at Rs 200.90, down 3.6% on the BSE.

1:27 PM - UBS has a ‘buy’ rating on L&T, with a target of Rs 3,500, reports CNBC-TV18. The stock is currently trading at Rs 2,416, down 4.6% on the BSE.

1:16 PM - May manufacturing growth has come at 3.9% versus 11.3% (YoY), reports CNBC-TV18. Mining growth is at 5.2% versus 3.8%, electricity growth at 2% versus 9.4%, basic goods up 3% versus 10.3% and capital goods at 2.5% versus 22.4%, all YoY.

1:08 PM - The market is anticipating a lot of good news, which may not come, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. So the Nifty might run up to 4300-4350, but one must remember that it is a bear market and it may fall to lower levels again, he adds.

1:00 PM - IT, healthcare, capital goods and metal stocks will outperform going ahead, says Gautam Shah of JM Financial Services, on NDTV Profit. In fact metal and capital goods provide good trading as well as investment opportunities, he adds.

12:53 PM - Credit Suisse maintains ‘outperformer’ rating on Voltas, with a target of Rs 158, reports CNBC-TV18. The stock is currently trading at Rs 136.15, up 0.1% on the BSE.

12:43 PM - May IIP numbers has pulled the market lower and the Sensex is down over 300 points from the day’s high. It is currently trading at 13,700, down 226 points from the previous close. Nifty is at 4116, down 46 points.

12:36 PM - May industrial growth has come out below expectations, at 3.8% versus 10.6%, YoY. It is the slowest in the last 6 years, reports NDTV Profit.

12:26 PM - Karvy maintains ‘buy’ rating on Axis Bank, with target price of Rs 1,000, reports CNBC-TV18. The stock is currently trading at Rs 687, up 1.2% on the BSE.

12:18 PM - The rally seen in the market now may not go to significant highs from the current levels, says Nilesh Shah of Envision Capital, on CNBC-TV18. At most one may see another 4-5% upmove from here propelled by good earnings numbers, he adds.

12:11 PM - TCS has strong support at Rs 800 and resistance at Rs 1,000-1,025, says Prakash Gaba, technical analyst, on CNBC Awaaz. It is currently trading at Rs 844, down 2.9% on the BSE.

12:02 PM - Karvy research has maintained outperformer rating on Container Corporation of India with target price of Rs 956, reports CNBC-TV18. The stock is currently trading at Rs 769, down 1.2% on the BSE.

11:54 AM - BHEL has bagged an order worth Rs 2,175 crore from Tamil Nadu government for 600 MW project, reports CNBC-TV18. The stock is currently trading at Rs 1,574.90, up 0.8% on the BSE.

11:46 AM - One can buy PSU banks at current levels, advises Gautam Shah of JM Financial Services, on NDTV Profit.

11:37 AM - L&T is a good company to have in one’s portfolio, but the sector is under pressure due to the economy slowing down, says PK Agarwal of Bonanza Portfolio, on Zee Business. But the company will perform going ahead, so continue to hold it, he suggests. The stock has good good support at Rs 2,250-2,300, where one can buy/average, he says. It is currently tarding at Rs 2,524.30, down 0.3% on the BSE.

11:23 AM - Sensex has a year-end target of 18,000, says Gautam Shah of JM Financial Services, on NDTV Profit. But in the short term, Sensex can fall to 12,500 and Nifty to 3700, he adds. Any dip in the market should be seen as an opportunity to buy, he suggests.

11:15 AM - Centrum maintains a ‘buy’ rating on Infosys, with a target price of Rs 2,200, reports NDTV Profit. The stock is currently trading at Rs 1,767.20, down 2.2% on the BSE.

11:08 AM - Inflation for week ended June 28 has come out at 11.89% versus 11.63% the previous week, reports CNBC-TV18.

11:03 AM - The market seems to be nervous before economic data (IIP numbers and inflation) come out today. Sensex is currently trading at 13,792, down 133 points from the previous close. Nifty is at 4144, down 17 points. CNX Midcap index is down 0.14%, while BSE Smallcap index is up 0.5%. IT and banking stocks are witnessing selling pressure.

10:57 AM - Unitech has support at Rs 150 and resistance at Rs 210-220, says PK Agarwal of Bonanza Portfolio, on Zee Business. The stock is currently trading at Rs 175.40, up 1.1% on the BSE.

10:48 AM - Infosys is in an uptrend and one is just seeing booking of intra-day positions now, says Shrikanth Chauhan of Kotak Securities, on NDTV Profit. Any correction in the stock should eb seen as a buying opportunity for at least 3-6 months, he suggests. It is currently trading at Rs 1,767, down 2.2% on the BSE.

10:40 AM - The long term trend of the market is uncertain, as it is too early to say that the macros have bottomed out, says Religare Securities, on CNBC-TV18. But the relief rally seen now may continue for some more time, it adds.

10:33 AM - Infosys has good support at Rs 1,700, says Gautam Shah of JM Financial Services, on NDTV Profit. The brokerage is bullish on the entire IT space and sees 10% further upside here, he adds. Infosys is currently trading at Rs 1,777.90, down 1.6% on the BSE.

10:26 AM - If one has positions in the Nifty, then continue to hold it, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. But wait for a decent correction, which should come, to get into new positions, he suggests.

10:20 AM - One can expect Infosys to outperform its guidance going ahead, says Moshe Katri of Cowen & Co., on CNBC-TV18. The stock opened higher today, but slipped into the negative terrain within minutes. It is currently trading at Rs 1,761, down 2.5% on the BSE.

10:12 AM - If the Nifty can sustain above 4170 and the Sensex above 13,950 even after the inflation numbers come out, then it will be a good sign, says Shrikanth Chauhan of Kotak Securities, on NDTV Profit. In that case, one may see the Nifty go up to 4300-4350, he adds. But if the Nifty falls below 4100, then it will be a bearish signal, he adds.

10:06 AM - Lotus Eye Care has listed at Rs 36 versus issue price of Rs 38, reports CNBC-TV18. The stock is currently trading at Rs 34.30, down 9.7%.

9:57 AM - The market has opened higher on Friday. Sensex is currently at 14,012, up 86 points from the previous close. Nifty is at 4190, up 27 points.

9:55 AM - Infosys stock will stay rangebound, despite good results, as this was already factored in by the market, says Sudarshan Sukhani, technical analyst, on CNBC-TV18.

9:51 AM - Crude oil price has moved up nearly $5 per barrel to over $141, on the back of threats to production in Nigeria and Brazil, reports CNBC-TV18. Missile tests by Iran is also responsible for the same to an extent, say experts.

9:45 AM - Infosys’ earning per share (EPS) for the first quarter came at Rs 22.71 versus Rs 21.79, reports CNBC-TV18.

9:40 AM - Infosys Technologies has declared its first quarter results. The company has posted 4.24% growth in its first quarter, reports CNBC-TV18. Consolidated net profit is above market expectations at Rs 1,302 crore as against Rs 1,249 crore in previous quarter. Consolidated net sales jumped by 6.87% and came at Rs 4,854 crore from Rs 4,542 crore, QoQ. The stock closed at Rs 1,806 on the BSE yesterday.

Left sources say that the Left has taken a decision to withdraw its support to the UPA. It will issue a formal statement on withdrawal of support shortly. The Left will approach the President tomorrow. If the nuclear deal goes ahead, companies like L&T, BHEL, NTPC, Areva T&D, Alstom Projects, Rolta, HCC, ABB, Crompton Greaves, Siemens stand to gain.

L&T

L&T has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 MW Kudankulam nuclear project. The company will get into mainstream nuclear projects if the deal goes through. L&T’s talks with Toshibha failed. It entered into a recent tie-up with Mitsubishi for super critical boilers. The Mitsubishi technology would be used for Nuclear Power Corp. L&T may leverage its relationship with Mitsubishi for its other nuclear business.

BHEL

BHEL supplies up to 500 MW of equipment to Nuclear Power Corp. It is looking for a tie up manufacturing equipment of up to 700 MW & 1500 MW. The company has been in talks with Alstom, GE Energy, Russia’s LMZ and Siemens. It has an existing tie-up with Siemens for nuclear technology.

NTPC

The company is in talks with Nuclear Power Corporation of India. It is looking at setting up 2000 MW nuclear plant. He is In talks with GE Energy for technology and fuel. NTPC is looking at the project to be operational by 2012-2013.

Areva T&D

Areva T&D is looking at a plant for uranium mining and recycling. The plant would be set up after nod from Nuclear Power Corp.

Alstom Projects

The company already makes nuclear reactors and rotors. Its parent company is a world leader in conventional nuclear projects. It makes turbines for nuclear power stations. It supplies steam turbines to over 30% of nuke power stations globally.

Rolta

The Rolta-Stone and Webster joint venture competent provides reactor-building technology. It will leverage on its partner’s core competency. Stone & Webster’s parent has 20% in Westinghouse Electric, a nuclear reactor maker.

Gammon has undertaken turnkey construction for nuclear projects.

HCC

HCC has constructed four of seven nuclear power projects in India. It is an EPC contractor for nuclear projects.

ABB

ABB makes components for power projects. Its parent company’s exposure includes new

nuclear power plants, systems and components. The parent company’s exposure includes fuel services, waste management and decommissioning.

Crompton Greaves

Crompton Greaves works with Nuclear Power Corporation of India. It has completed a switchyard for nuclear project.

Walchandnagar Industries makes critical equipment for India’s nuclear power facilities.

Siemens has a marginal exposure through its parent company.

Reliance Energy plans to invest additional Rs 12,000 crore in nuclear power capacity. It plans to install 2000 MW of nuclear power capacity.

Tata Power has tied up with some major nuclear equipment suppliers like Areva. It already has a relationship with Toshiba; it will leverage on it.

4:07 PM - Despite poor global cues and the announcement of the Left withdrawing support from the government, the market didn’t panic much. In fact, the Nifty held on to 3900 and shut shop at 3988, down 41 points from the previous close. Sensex closed at 13,349, down 176 points. CNX Midcap and BSE Smallcap indices closed 0.2% and 0.5% lower respectively. Capital goods gained nearly 5% from the day’s lows on hopes that the nuclear deal will benefit the companies. But IT, FMCG, oil & gas stocks were dumped. Biggest losers on the Sensex include Wipro, Tata Motors, Infosys and JP Associates, while gainers are ACC, Mahindra & Mahindra, SBI and NTPC among others.

4:00 PM - Do not expect a sustainable bounce unless the Nifty does not cross 4093 decisively, says Rajat Bose, technical analyst, on CNBC-TV18. On the downside, if the 50-share NSE index breaks 3842 decisively, then expect another 200-point fall, he adds.

3:55 PM - Once ABB moves past Rs 885-891, it will show a good move up, says Rajat Bose, technical analyst, on CNBC-TV18. The stock is at Rs 874 on the BSE.

3:47 PM - L&T is close to the resistance level of Rs 2,400-2,430, says Rajat Bose, technical analyst, on CNBC-TV18. Once it moves above this, it will acquire strength to move higher, he adds. The stock is at Rs 2,399 on the BSE.

3:43 PM - If TCS falls below Rs 810 and Satyam Computer below 454-449, then one may see further weakness in these stocks, says Rajat Bose, technical analyst, on CNBC-TV18. TCS is at Rs 823.60 and Satyam at Rs 464.30, on the BSE.

3:40 PM - If Infosys falls below Rs 1,740 or Rs 1,695, then one may see further weakness come into the stock, says Rajat Bose, technical analyst, on CNBC-TV18. The stock is at Rs 1,726.75, down over 4% on the BSE.

3:32 PM - If SpiceJet can move above Rs 35, then Rs 50 is also possible here, says Ashwani Gujral, technical analyst, on CNBC Awaaz. But this upmove will depend on many factors, he adds. The downside seems to be limited here, he says. The stock is at Rs 30.40, down 0.2% on the BSE.

3:32 PM - It wasn’t a good start to the day, but the market recovered to quite an extent by the end of the day. Sensex ended at 13,370, down 155 points (provisional) from the previous close. Nifty shut shop at 3992, down 37 points (provisional).

3:25 PM - Nagarjuna Fertilisers looks weak on the charts, says Simi Bhaumik, technical analyst, on Zee Business. If it falls below Rs 28.50, then one may see fresh weakness in it, she says. Long term support is at Rs 24, she adds. On the upside, it will face resistances at Rs 36-38 and Rs 46-47, she says. The stock is currently trading at Rs 31.20, up 0.3% on the BSE.

3:20 PM - Hold Nifty Futures with stoploss of 3900, says Vijay Bhambwani, techncial analyst, as market closing strategy, on CNBC-TV18.

3:16 PM - Hold Rolta with a stoploss of Rs 265 and a revised target of Rs 305, says E Mathew, technical analyst, as market closing strategy, on CNBC-TV18.

3:11 PM - Lanco Infratech has support at Rs 236 and resistance at Rs 340, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Such stocks will bottom out and come back only when their input costs and inflation come down, he says. It is currently trading at Rs 289, up 1.5% on the BSE.

3:01 PM - IFCI has support at Rs 30 and resistance at Rs 42, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 39.40, up 5.6% on the BSE.

2:54 PM - If Reliance Industries falls below Rs 1,980-1,950, then Rs 1,890 is possible here, says Rajat Bose, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 1,989.40, down 1.9% on the BSE.

2:48 PM - The long term trend for PTC is fine, but in the short term, if it falls below Rs 67, then it may see fresh weakness, says Simi Bhaumik, technical analyst, on Zee Business. But it is a good stock to hold in one’s portfolio, she suggests. It is currently trading at Rs 78.30, up over 3% on the BSE.

2:41 PM - The market is off the day’s lows, but still in the negative. Sensex is at 13,316, down 209 points from the previous close. Nifty is at 3989, down 40 points. CNX Midcap index is down 0.14% and BSE Smallcap index, down 0.9%. Market breadth is also negative, with 475 advances against 766 declines on the NSE.

2:33 PM - Rolta has support at Rs 220 and resistance in the zone Rs 285-310, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 282, up 5.3% on the BSE.

2:24 PM - One can buy Alstom Projects on corrections, as the stock is expected to go up at least to Rs 400-420, says Simi Bhaumik, technical anlayst, on Zee Business. Above this, it will acquire a fresh momentum, which could take it to Rs 465, which will be a major resistance, she adds.For a long term hold on this stock, keep a stoploss below Rs 300, she suggests.

2:18 PM - FAG Bearings should be exited on every rise, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. A good level to exit it would be between 480 and Rs 540, he adds. It is currently trading at Rs 370, down 0.9% on the BSE.

2:11 PM - CESC is in a downtrend and therefore feresh buying is not advised now, says Simi Bhaumik, technical anlayst, on Zee Business. But one can hold on to the stock as long as the major support of Rs 350 is not brpken, she adds. It is currently trading at Rs 370, down 3.4% on the BSE.

2:04 PM - The range of Rs 135-150 is crucial for SRF, says Simi Bhaumik, technical anlayst, on Zee Business. One can continue to hold it, as the short term trend is still up, she suggests. The stock is currently trading at Rs 122, up 1.5% on the BSE.

1:57 PM - Ispat Industries will face resistance at Rs 30 and once this is crossed, it can go up to Rs 33-35, says Simi Bhaumik, technical anlayst, on Zee Business. On the downside, if it falls below Rs 18, then exit the counter, she suggests. It is currently trading at Rs 21.10, down 1.4% on the BSE.

1:50 PM - The FY09 Sensex earnings is seen at Rs 980 per share, says Alok Agarwal, Head Research, KR Choksey Securities, on NDTV Profit. About 1% depriciation in INR has 3% impact on margins, he says.

1:43 PM - If REC falls below Rs 72.60, then one should exit the counter, which will then see fresh weakness, says Simi Bhaumik, technical anlayst, on Zee Business. Fresh buying is not advised at current levels, she suggests. It is currently trading at Rs 77.75, down 2.1% on the BSE.

1:38 PM - Volume growth for auto companies was robust in Q1, says Alok Agarwal, Head Research, KR Choksey Securities, on NDTV Profit. Auto companies’ margins have been under stress due to input and interest costs, he says. BSE Auto index is down 1.5% currently.

1:29 PM - The mood in the market is cautious, say dealers, reports CNBC-TV18. Short covering is seen in the Nifty post Left’s announcement of withdrawal of support, they say. Buy orders have come in from domestic funds in the second half, they add. Capital goods stocks are witnessing fresh buying on hopes of nuclear deal. Rate sensitives have also seen shortcovering in the last one hour, they say. Dealers see Nifty support at 3850.

1:18 PM - If you have 3-5 years view, then look at investing in interest rate sensitives like banks, autos, realty and even capital goods and not defensives like FMCG and pharma, says Phani Sekhar of Angel Broking, on Zee Business. On the other hand, if you have 6-12 months perspective, then look at putting your money in defensives instead of rate sensitives, he suggests.

1:10 PM - Patni Computer is trading in a range Rs 215-260, says Bharat Dalal, technical analyst, on NDTV Profit. If Rs 215 is violated, then one should exit the stock, he suggests. It is currently trading at Rs 239.40, up 0.9% on the BSE.

12:59 PM - Neyveli Lignite has support at Rs 75, which should also be the stoploss, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. On the upside, it will face resistance at Rs 115-120, he adds. It is currently trading at Rs 97, down 2% on the BSE.

12:50 PM - JP Hydro seems to be trading in the range Rs 33-45, says Bharat Dalal, technical analyst, on NDTV Profit. If Rs 33 is violated, then the stock can fall to Rs 26-27, he says. On the upside, if it can cross Rs 45, then it can go up to Rs 53, he adds. It is currently trading at Rs 44.10, down 1.6% on the BSE.

12:43 PM - Karvy maintains ‘buy’ rating on TCS, with target price of Rs 1,065, reports CNBC-TV18. The stock is currently trading at Rs 826.20, down over 3% on the BSE.

12:35 PM - The market seems to be on the path to recovery despite the Left withdrawing its support to the government. Sensex is now at 13,275, down 250 points from the previous close. Nifty is at 3970, down 59 points.

12:32 PM - Ispat Industries has support at Rs 18 and if this breaks, then exit the stock, says Bharat Dalal, technical analyst, on NDTV Profit. On the upside, it will face resaistances at Rs 24 and Rs 29, he adds. It is currently trading at Rs 20.95, down 2.1% on the BSE.

12:24 PM - As long as HUL stays above Rs 190, one can expect it to go to Rs 220, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 207.70, down 0.8% on the BSE.

12:16 PM - If Reliance Infrastructure falls below Rs 740, then one should exit the stock, says Bharat Dalal, technical analyst, on NDTV Profit. The stock is currently trading at Rs 722.15, down 7.2% on the BSE.

12:07 PM - Sensex is currently trading at 13,143, down 382 points from the previous close. Nifty is at 3934, down 95 points. CNX Midcap index is down 1.2% and BSE Smallcap index, down 1,5%.

12:05 PM - Essar Oil seems to be rangebound between Rs 165 and Rs 185, says Bharat Dalal, technical analyst, on NDTV Profit. If it falls below Rs 165, then an exit is advised, he says. If it crosses Rs 185, then it can go up to Rs 205-210, where it will face a major resistance, he adds. The stock is currently trading at Rs 171.90, down 2.4% on the BSE.

11:58 AM - SpiceJet will face resistance at Rs 35 and once this is crossed, the next major one would come at Rs 45, says Bharat Dalal, technical analyst, on NDTV Profit. It has support at Rs 28, he adds. The stock is currently trading at Rs 31.20, up 2.5% on the BSE.

11:50 AM - BEL will continue to remain under pressure until it does not cross Rs 1,150, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. It has support at Rs 850, he adds. It is currently trading at Rs 973, down 0.4% on the BSE.

11:44 AM - HCL Technologies has support at Rs 225 and if it closes below this, then it will weaken further, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. On the upside, it will face resistance at Rs 295, where one can look to exit, he says. It is currently trading at Rs 242, down 0.8% on the BSE.

11:36 AM - If you have a long term view, then hold SBI or else exit the counter, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock has support at Rs 1,000 and will face resistance at Rs 1,280, he adds. It is currently trading at Rs 1,117.50, down 4.6% on the BSE.

11:28 AM - If the market breaks it major support levels, then Power Grid may see 15-20% panic sell-off and fall to Rs 60, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. One can buy it at this level for 2-6 months for good returns, he suggests. The stock is currently trading at Rs 74.90, down 2.9% on the BSE.

11:20 AM - L&T has bagged Rs 1,047 crore order from the Railways. The stock is currently trading at Rs 2,283, down 3.5% on the BSE.

11:13 AM - Siemens has won baggage handling contract worth Rs 300 crore approximately, for Delhi International Airport. The stock is currently trading at Rs 445, down 2.4% on the BSE.

11:06 AM - The market is still trading down. Sensex is at 13,055, down 470 points from the previous close. Nifty is at 3903, down 126 points. CNX Midcap index is down 2.1% and BSE Smallcap index, down 1.6%. All sectoral indices are trading lower, with that for realty, banks and oil & gas, hit the most. Market breadth is extremely weak with 185 advances against 988 declines on the NSE.

10:58 AM - Fundamentally, there are no positive triggers for the market, says Mayank Shah, CEO, Anagram Securities, on NDTV Profit. And political uncertainities are contributing to high volatility, he adds. But the withdrawal of Left from the government is being factored in the market, he says.

10:51 AM - Nifty has strong support at 3896-3846, says Mayank Shah, CEO, Anagram Securities, on NDTV Profit.

10:44 AM - Inflation and credit offtake are two concerns as far as the banking space is concerned, says Mayank Shah, CEO, Anagram Securities, on NDTV Profit. Therefore, the brokerage is cautious on banks, he adds.

10:36 AM - Karvy Stock Broking maintains ‘buy’ rating on Infosys Technologies, with a target price of Rs 2,250, reports CNBC-TV18. The stock is currently trading at Rs 1,766, down 2% on the BSE.

10:30 AM - The first quarter numbers of Infosys could surprise and even boost market sentiment, says Mayank Shah, CEO, Anagram Securities, on NDTV Profit. The brokerage expects Q1 EPS of Rs 22-23 versus the guidance of Rs 20, he says. Anangram Securities is positive on the entire IT sector.

10:22 AM - A trader can get SBI at Rs 1,050-1,100, says Sudhanshu Pandey of LKP Shares, on NDTV Profit. An investor can put his money int he stock in a staggered way; some at every fall, he suggests. In the next 3-4 months, the stock can go up to Rs 1,300-1,350, he adds. It is currently trading at Rs 1,112, down 5.1% on the BSE.

10:14 AM - If an investor has 2-3 quarters view, then he can buy ACC, Ambuja Cements and Grasim in the cement space, says Sudhanshu Pandey of LKP Shares, on NDTV Profit. The stocks have an upside of 20-25% and a limited downside of 8-10%, he adds.

10:05 AM - Reliance Industries looks weak ont he charts, says E Mathew, technical analyst, on CNBC-TV18. If it breaks Rs 1,950-1,960 on the downside, then there’ll be additional pressure on the Nifty and it could fall to 3850, he adds. The stock is currently trading at Rs 1,965.90, down over 3% on the BSE.

9:57 AM - The market has opened lower on Tuesday. Sensex is at 13,104, down 421 points from the previous close. Nifty is at 3902, down 127 points.

9:50 AM - The market may open negative, says an NDTV Profit Opinion Poll. Nifty range for the day is expected to be 3880-4050. Level of 3878 is iportant to watch. Stocks to watch include Gremach Infra, Tricom India and SpiceJet.

9:42 AM - The upside in aviation stocks is limited, says Salil Sharma, technical analyst, on CNBC Awaaz. SpiceJet can atmost go to Rs 33-34, he adds. The stock is at Rs 30.45 on the BSE.

9:34 AM - IT stocks are showing strength and have held on even on days when the market is down, says Salil Sharma, technical analyst, on CNBC Awaaz. Therfore they are a hold currently and even a buy on declines, he suggests.

ninad avasare
Stock Trading Robot

3:57 PM - It was a good start to the day, but the last one hour of trade ate up most of the gains. Sensex ended at 13,525, up 71 points from the previous close. Nifty shut shop at 4030, up 14 points. CNX Midcap index gained 0.7% and BSE Smallcap index, 2.2%. IT, FMCG, Metal, bankingand realty stocks saw some good buying coming in today. Top Sensex gainers for the day include SBI, Mahindra & Mahindra, Jaiprakash Associates and ACC, while losers were Reliance Communications, RIL and BHEL, among others.

3:51 PM - Negativity is still present in the market, as it sees selling pressure at higher levels, says Gaurang Shah of Geojit Financial Services, on Zee Business. If inflation comes at 13% or over it, then the Nifty may test 3875-3900 once again, he adds.

3:45 PM - Reliance Industries needs to move beyond Rs 2,200 decisively, for anyone to say that the downtrend in the stock is over, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. The stock is at Rs 2,017, down 3.9% on the BSE.

3:39 PM - One may find good trading opportunities in ONGC, Bharti Airtel, Infosys and Satyam Computer, says Salil Sharma, technical analyst, on Zee Business.

3:33 PM - It was a good day for the market, until the last hour of the trading session, when most of the gains were lost. Sensex ended at 13,502, up 48 points (provisional) from the previous close. Nifty shut shop at 4025, up 9 points (provisional).

3:26 PM - Buy Rolta on declines for a target of Rs 290-300, says says E Mathew, technical analyst, as market closing strategy, on CNBC-TV18. The stock is currently at Rs 268, up 0.8% on the BSE.

3:20 PM - Buy Nifty Futures on declines with a stoploss of 3950-3990, says E mathew, technical analyst, as market closing strategy, on CNBC-TV18.

3:17 PM - Cairn India can be bought for the long term at lower levels like Rs 220 and Rs 160, says VK Sharma of Anagram Stock Broking, on CNBC Awaaz. The stock is currently trading at Rs 238, down 5.4% on the BSE.

3:10 PM - VCK Share & Stock Broking Services recommends ‘buy’ rating on Hindustan Construction Company, with a target price of Rs 180, reports CNBC-TV18. The stock is currently trading at Rs 85.55, down 0.8% on the BSE.

2:57 PM - Sensex is at 13,688, up 234 points from the previous close. Nifty is at 4071, up 55 points. CNX Midcap index is up 1.9% and BSE smallcap index, up 3.1%. All BSE sectoral indices, except that for oil & gas, are trading higher.

2:50 PM - Sanghvi Movers can appreciate 30% from the current levels in the next 12 months, says Phani Sekhar of Angel Broking, on CNBC-TV18. The stock is currently trading at Rs 202.95, up 8.6% on the BSE.

2:42 PM - HDFC Securities has a ‘buy’ rating on Jindal Steel & Power, with a target price of Rs 2,284, reports CNBC-TV18. The stock is currently trading at Rs 1,804, up 7.1% on the BSE.

2:33 PM - Madhucon Projects will face resistances at Rs 345 and Rs 389, says Hemen Kapadia, technical analyst, on CNBC Awaaz. It is currently trading at Rs 330, up 9.6% on the BSE.

2:24 PM - Nagarjuna Constructions has good support at Rs 120-118, says Hemen Kapadia, technical analyst, on CNBC Awaaz. It will face resistance at Rs 144. he adds. The stock is currently trading at Rs 136.80, up 9.3% on the BSE.

2:17 PM - If Adlabs can sustain above Rs 390, then one may see the recovery continuing here, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 411.65, up 7.8% on the BSE.

2:10 PM - The market could see further downside in the short term, says ASK-RJ CEO Bharat Shah, on NDTV Profit. It is prudent to focus on only long term fundamental growth, he says. The value price gap is favourbale to invest in largecaps, he says. Investors should look at investing for 2 years or more now, he suggests.

2:03 PM - Tech Mahindra can see 30% appreciation from current levels in a year’s time, says Phani Sekhar of Angel Broking, on CNBC-TV18. It is an exellent buy currently, he suggests. The stock is at Rs 729.25, up 3.5% on the BSE.

1:56 PM - Sensex has a strong support at 12,800, but will face resistance at 13,800, says Hemen Kapadia, technical analyst, on NDTV Profit. If the market holds on to current levels, then one can say the market has found an intermediate bottom, he says.

1:48 PM - Goldman Sachs has a ‘buy’ rating on Cairn India, with a target price of Rs 360, reports CNBC-TV18. The stock is currently trading at Rs 246.15, down over 2% on the BSE.

1:38 PM - Triveni Engineering has support at Rs 75 and resistance at Rs 95, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 89.35, up 3.2% on the BSE.

1:25 PM - Bharat Bijlee can move up to Rs 1,800-2,000 in the next couple of months, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 1,370, up 5.6% on the BSE.

1:17 PM - L&T has support at Rs 2,300 and resistance at Rs 2,452, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 2,385.50, up 0.2% on the BSE.

1:10 PM - Sensex is at 13,758, up 304 points from the previous close. Nifty is at 4107, up 91 points. CNX Midcap index is up 2.5% and BSE Smallcap index, up 3.1%. All BSE sectoral indices are trading higher. Banking, FMCG, metal and power stocks are the favourites today.

1:03 PM - Unitech can go up to Rs 220 in the next 4 months or so, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 168.10, up 1.3% on the BSE.

12:59 PM - The second half of 2009 may see the Sensex going up to 18,000, says Gautam Shah of JM Financial Services, on Zee Business. Banking, IT and metal stocks can be good investments now, he says.

12:51 PM - If one has a short term view, then sell Idea Cellular, as there may be further downside here, says Hemen Kapadia, technical analyst, on NDTV Profit. But if you have a mid-long term view, then buy the stock at lower levels, he suggests. Once it moves above Rs 98-100, one can see it go to Rs 113, where it will face resistance, he says. It is currently trading at Rs 91.90, up over 4% on the BSE.

12:44 PM - L&T has bagged a transmission line order worth Rs 446 crore. The stock is now trading at Rs 2,407, up 1.1% on the BSE.

12:37 PM - Infosys results this time may be better than expected, says Gautam Shah of JM Financial Services, on Zee Business. The stock is currently trading at Rs 1,783.25, up 1.6% on the BSE.

12:30 PM - Jindal Saw has good support at Rs 450, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It will face resistances at Rs 550-700-800, where one can keep booking part profits, he says. The stock is currently trading at Rs 500, up 5.1% on the BSE.

12:23 PM - The market may not fall much from here now, says Gautam Shah of JM Financial Services, on Zee Business. An important level to watch on the Sensex would be 14,000, he adds.

12:15 PM - One can continue to hold Punj Lloyd now and buy aggressively at lower levels, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 232.20, up 1.7% on the BSE.

12:07 PM - The market is still in the positive, but off the day’s highs. Sensex is at 13,728, up 274 points from the previous close. Nifty is at 4095, up 79 points. Market breadth is strong, with 1,061 advances against 141 declines on the NSE.

12:01 PM - The downside in Canara Bank seems ot be limited, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. On the upside, the stock will face resistances at Rs 210 and Rs 250, he adds. The stock is currently trading at Rs 172.45, up 2.6% on the BSE.

11:53 AM - GVK Power will face resistances at Rs 38 and Rs 45, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. One can continue to hold the stock with a stoploss below Rs 30, he suggests. But since the stock has not yet made a bottom, it can fall further, he says. The stock is currently trading at Rs 33.60, up 4.8% on the BSE.

11:44 AM - Sterlite Industries has good support at Rs 550-500 and it can rally well from here, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It will face some resistance at Rs 700, but has the potential to go up to Rs 850, he adds. The stock is currently trading at Rs 659, up 2.6% on the BSE.

11:37 AM - Infosys had good support at Rs 1,700 and can bounce well from here, says Prakash Gaba, technical analyst, on CNBC Awaaz. Satyam too can go up to Rs 500, he adds.

11:30 AM - Punj Lloyd has support at Rs 180 and will face resistance at Rs 250-300 says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. The stock is currently trading at Rs 236.60, up 3.6% on the BSE.

11:23 AM - Shree Renuka Sugars is showing strength and it can cross Rs 130 now, says Deven Shah, technical analyst, on NDTV Profit. The stock can be bought on dips, he suggests. It is currently trading at Rs 115.65, up 1.7% on the BSE.

11:16 AM - Hem Securities has initiated a ‘buy’ rating on Tata Steel, with a target price of Rs 825, reports CNBC-TV18. The stock is currently trading at Rs 649, up 1.4% on the BSE.

11:08 AM - Bank of India can go up to Rs 270-275, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock has support at Rs 190, he adds. It is currently trading at Rs 239, up 3.4% on the BSE.

11:00 AM - The going is still strong for the market! Sensex is currently trading at 13,769, up 315 points from the previous close. Nifty is at 4104, up 88 points. CNX Midcap index is up 2.5% and BSE Smallcap index, up 2.8%. All BSE sectoral indices are trading higher, with that for banks, capital goods and realty gaining the most.

10:53 AM - SBI can now go up to Rs 1,350-1,400, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 1,171.25, up 3.9% on the BSE.

10:45 AM - In capital goods, BHEL has a target of Rs 1,800 and L&T, of Rs 2,600, says Prakash Gaba, technical analyst, on CNBC Awaaz.

10:38 AM - The Sensex may gain 400 points and the Nifty, 125-150 points going forward, says Deven Shah, technical analyst, on NDTV Profit. Stocks might see 10-15% upside from current levels, he adds.

10:31 AM - The actual rally will start once the Nifty moves beyond 4100, says Ashwani Gujral, technical analyst, on CNBC-TV18. The short term trend will be up and the Nifty can move up to 4360, he adds.

10:24 AM - ICICI Bank can go up to Rs 720-725 in a pullback now, says Ashwani Gujral, technical analyst, on CNBC-TV18. It has support at Rs 550, he adds. The stock is currently trading at Rs 618.90, up over 3% on the BSE.

10:17 AM - One can look to enter SBI at Rs 1,145 or so for a target of Rs 1,300, says Deven Shah, technical analyst, on NDTV Profit. The stock is currently trading at Rs 1,164, up 3.2% on the BSE.

10:10 AM - Bottom picking in Tata Steel is not advisable at current levels, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock can slip further to Rs 600-580, he adds. Avoid it for now, he suggests. It is currently trading at Rs 652.60, up 2% on the BSE.

10:03 AM - Tata Power has made a good base at Rs 1,000 and can now go up to Rs 1,200-1,250, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1,095, down 0.3% on the BSE.

9:57 AM - The market has opened higher on Monday. Sensex is at 13,630, up 176 points from the previous close. Nifty is at 4060, up 44 points.

9:51 AM - Two-sided movement is expected int he market today, says an NDTV Profit Opinion Poll. Nifty range is expected to be 3915-4085. A close above 4080 will be important. Stocks to watch are Pyramid Saimira, Spicejet and Reliance Infrastructure.

9:47 AM - One can by SpiceJet with a stoploss of Rs 22, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock can possibly go up to Rs 35-37, he adds. It is currently trading at Rs 25 on the BSE.

9:42 AM - Realty stocks like DLF and Unitech can be safe trading bets now, says Prakash Gaba, technical analyst, on CNBC Awaaz. DLF can go up to Rs 480 and Unitech, to Rs 200 or so, he adds.

9:37 AM - Reliance Industries can go up to Rs 2,200 in the short term, says Prakash Gaba, technical analyst, on CNBC Awaaz. It has a psychological support at Rs 2,000, he adds. The stock is currently trading at Rs 2,099 on the BSE.

9:30 AM - An upmove in the market is possible in the coming days, says Prakash Gaba, technical analyst, on CNBC Awaaz. Sensex can move up to Rs 13,956 and above that, to 14,306, he says.

ninad avasare
Doubling Stocks

3:45 PM - Negative cues from Asian markets and crude hitting an all-time high added to the downtrend already seen in the Indian market today. Some recovery was seen on the back of shortcovering, but was unsustainable. Sensex ended the day at 13,094, down 570 points from the previous close. Nifty shut shop at 3925, down 167 points. CNX Midcap index lost 3.1% and BSE Smallcap index, 2.6%. All BSE sectoral indices ended lower, with that for realty, metal, banks and power hit the most. Biggest losers on the Sensex include Tata Steel, DLF and Reliance Infrastructure, while gainers were ONGC and SBI.

3:42 PM - Stay away for the market till volatility subsides, says Vijay Bhambwani, technical analyst, on CNBC-TV18.

3:36 PM - The market seems to be making a bottom, says Neppolian Pillai of Modern Share& Stock Broking, on CNBC-TV18. Confirmed buy comes above 4020 on the Nifty, he adds.

3:32 PM - It was a rough trading session for the market today. Sensex ended at 13,056, down 607 points (provisional) from the previous close. Nifty shut shop at 3920, down 172 points (provisional).

3:27 PM - One can expect good numbers from the IT, telecom and pharma space, says Suresh Mahadevan of UBS Securities, on CNBC-TV18. The brokerage is overweight on these sectors, he adds.

3:19 PM - Angel Broking maintains ‘buy’ rating on Simplex Infrastructures, with a revised target price of Rs 566, reports CNBC-TV18. The stock is currently trading at Rs 379.95, down 8% on the BSE.

3:13 PM - The market is in a strong downtrend and rallies here will be short-lived, says MB Singh, technical analyst, on Zee Business. If the market is able to hold yesterday’s lows, then one can expect some upmove here, he adds.

3:05 PM - An important level to watch on the Nifty would be 3650; one needs to see the kind of buying that comes in there, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The market will go up again, but before that, it will go down, he says.

2:58 PM - The intra-day recovery seen is mainly on the back of shortcovering, say dealers, reports CNBC-TV18. Flows ate institutional desk are still mixed, but there is redemption led sell-off by hedge funds, they say. Experts say the worst is not over yet and technical analysts see Nifty support at 3850 now.

2:50 PM - Gammon Infrastructure broke a crucial level of Rs 300, but it can still bouce back to that level if the market rallies, says MB Singh, technical analyst, on Zee Business. But there’s more downside expected, so exit the stock on any rally, he suggests. It is currently trading at Rs 108.30, down 5.4% on the BSE.

2:42 PM - If Gujarat NRE Coke trades below Rs 120 consistently, then it can even fall below Rs 100, says Vijay Bhambwani, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 109.70, down over 12% on the BSE.

2:32 PM - One can buy or average Automotive Axles at current levels, says MB Singh, technical analyst, on Zee Business. It has support at Rs 190-192, he adds. It is currently trading at Rs 200, down 4.8% on the BSE.

2:25 PM - If Bombay Rayon moves above Rs 300, then expect it to go to Rs 350-360, says MB Singh, technical analyst, on Zee Business. The stock has support at Rs 240, he adds. It is currently trading at Rs 269.80, down over 10% on the BSE.

2:17 PM - Gujarat Alkalies has good support at Rs 140 and if it falls below this, then there will be substantial downside, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 153.75, down 3.2% on the BSE.

2:09 PM - Crude oil has hit a new high and European markets are trading down. Back home, Sensex is currently trading at 13,129, down 535 points from the previous close. Nifty is at 3928, down 164 points. CNX Midcap and BSE Smallcap indices are down 3.5% and 2.8% respectively. Market breadth is weak, with just 206 advances against 1,027 declines on the BSE.

1:59 PM - Nymex crude has hit yet another all-time high and is now at $145.09 per barrel, reports NDTV Profit.

1:53 PM - The downside in Brigade Enerprises seems to be limited, says MB Singh, technical analyst, on Zee Business. It has support at Rs 96, so one can now have a stoploss below that, he says. If the market moves up, then expect this stock to move up too, he adds. It is currently trading at Rs 101.90, down 5.4% on the BSE.

1:45 PM - Enam has downgraded ONGC to ‘underperformer’ and has a target price of Rs 907 on it, reports CNBC-TV18. The stock is currently trading at Rs 831.10, down 2.7% on the BSE.

1:38 PM - JP Hydro has support at Rs 35, so one can buy the stock close to this price and have a stoploss below it, says MB Singh, technical analyst, on Zee Business. If the market rallies, then expect it to go up to Rs 60-65, he adds. It is currently trading at Rs 40.60, down 7.8% on the BSE.

1:30 PM - Maruti Suzuki can fall to Rs 490-480 in the coming 2-3 months, says Shishir Kedia of Religare Securities, on NDTV Profit. On the upside, it if goes above Rs 590, then Rs 650-660 is possible, he adds. Short term investors can exit the stock on rallies, he suggests. It is currently trading at Rs 555.60, down 3.8% on the BSE.

1:23 PM - Nagarjuna Fertilisers has strong support at Rs 25, says MB Singh, technical analyst, on Zee Business. So one can invest in thsi counter, with a stoploss below Rs 25, he suggests. It is currently trading at Rs 30.50, down 7.7% on the BSE.

1:16 PM - Omaxe can fall to Rs 102-100, says Shishir Kedia of Religare Securities, on NDTV Profit. On the upside, if it goes above Rs 130, then Rs 144-145 is possible, he says. Sell the stock on rallies, he suggests. It is currently trading at Rs 119, down 9.2% on the BSE.

1:05 PM - On the upside, DLF can go up to Rs 440-450 maximum, says Shishir Kedia of Religare Securities, on NDTV Profit. On the downside, expect it to slip to Rs 280-290, he says. If you have a short term view on the stock, then sell on rallies, he suggests. It is currently trading at Rs 387.85, down 8.5% on the BSE.

12:59 PM - UCO Bank looks weak on charts and there seems to be more pain in this counter, says Shishir Kedia of Religare Securities, on NDTV Profit.It can fall to Rs 22-20 in the coming months, where one can buy it for the long term, he adds. For now it can go up to Rs 33-34 utmost, he says. The stock is currently trading at Rs 27.20, down 4.4% on the BSE.

12:47 PM - Yes Bank can possibly fall to Rs 85-90 in the coming months, says Shishir Kedia of Religare Securities, on NDTV Profit. On the upside, above Rs 112, it may see a small pullback rally to Rs 125, he adds. Sell the stock on rallies and re-enter at lower levels, he suggests. It is currently trading at Rs 104.90, down 7.4% on the BSE.

12:38 PM - ITC has an 8-10 month target of Rs 225-230, says Shishir Kedia of Religare Securities, on NDTV Profit. It has good support at Rs 175-180, he adds. The stock is currently trading at Rs 174.20, down over 3% on the BSE.

12:31 PM - In the next 2-3 months, Tata Motors can fall to Rs 320-325, says Shishir Kedia of Religare Securities, on NDTV Profit. On the upside, if it can stay above Rs 425, then it can go to Rs 450-460, he adds. It is currently trading at Rs 389.95, down 5.7% on the BSE.

12:23 PM - The fall has got bigger. Sensex is now at 13,040, down 624 points from the previous close. Nifty is at 3908, down 184 points. CNX Midcap index is down 3.6% and BSE Smallcap index, down 2.4%.

12:17 PM - If SBI falls below Rs 1,020, then expect to see it fall to Rs 880-850 levels, says Shishir Kedia of Religare Securities, on NDTV Profit. On the upsie, if it moves above Rs 1,090, then it can go up to Rs 1,200-1,220, where it will face resistance, he says. The stock is currently trading at Rs 1,073, down 0.5% on the BSE.

12:09 PM - Sharekhan has a ‘buy’ rating on Madras Cement, with a target of Rs 4,000, reports CNBC-TV18. The stock is currently trading at Rs 2,650, down 2.3% on the BSE.

12:03 PM - In the banking sector, one can buy HDFC Bank, ICICI Bank and Axis Bank with a view of a year or more for good returns, says Phani Sekhar of Angel Broking, on NDTV Profit.

11:56 AM - Tata Motors does not have much downside left, and can fall to Rs 350-340 at the most, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. The stock is currently trading at Rs 393, down 4.9% on the BSE.

11:49 AM - In the energy space, Reliance Industries and Cairn India look good, says Suresh Mahadevan of UBS Securities, on CNBC-TV18. But the brokerage is negative on PSU oil companies, he adds.

11:41 AM - If one invests at current levels with 2 year perspective, then can expect 18-20% returns per annum, says Ambareesh Baliga of Karvy Stock Broking, on CNBC-TV18. But since lower levels are expected, invest in a staggered manner, he suggests.

11:35 AM - This is a good time to get into stocks with 12-18 months perspective, says Suresh Mahadevan of UBS Securities, on CNBC-TV18. The Indian market is nowhere near a severe crisis, he says. The brokerage expects inflation to be contained by year-end, he says.

11:27 AM - The market is in a bear phase and the Nifty may fall to its strong support levels of 3800 and 3600, says Hardik Jain, technical analyst, ISJ Securities, on NDTV Profit. So use any rise in the market to exit and wait for lower levels to re-enter, he suggests.

11:17 AM - Expect the market to remain volatile ahead, says Devesh Kumar, MD, Centrum Broking, on NDTV Profit. He sees 10% drop in earnings from earlier expectations.

11:08 AM - Wipro may still take 1.5 months or so to bottom out and start moving up again, says Rajkishore Bang, technical analyst, on NDTV Profit. The stock is currently trading at Rs 431, down over 2% on the BSE.

11:01 AM - The market has fallen even more. Sensex is at 13,193, down 471 points from the previous close. Nifty is at 3955, down 138 points. CNX Midcap index is down 2.5% and BSE Smallcap index, down 2.2%. All BSE sectoral indices are trading lower, with that for metal, realty, power and banks beaten down the most.

10:55 AM - In the IT space, Tech Mahindra seems to have bottomed out and may see an upmove in it now, says Rajkishore Bang, technical analyst, on NDTV Profit. It is currently trading at Rs 693, down 2.7% on the BSE.

10:49 AM - Reliance Infrastructure has become a volatile stock and will face resistance at Rs 880-900, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It is currently trading at Rs 746, down 5.6% on the BSE.

10:41 AM - All seems to be well with BHEL and the worst over, says Rajkishore Bang, technical analyst, on NDTV Profit. The stock now has a short term target of Rs 1,550-1,625, he adds. It is currently trading at Rs 1,400, down 1.8% on the BSE.

10:34 AM - HSBC is overweight on Idea Cellular and has a target price of Rs 160 on the stock, reports NDTV Profit. The stock is currently trading at Rs 89.55, down 4.5% on the BSE.

10:27 AM - The painful days for IT seem to be over, says Rajkishore Bang, technical analyst, on NDTV Profit. Infosys has more upside headroom left; it has an immediate target of Rs 1,950 and a slightly longer term target of Rs 2,100, he adds. The stock is currently trading at Rs 1,781.40, down 2.2% on the BSE.

10:20 AM - IFCI has the potential to go up to Rs 44-45, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. But on the downside, if it falls below Rs 32, then the structure will be destroyed and the stock can fall to Rs 20, he adds. It is currently trading at Rs 34, down 6.6% on the BSE.

10:14 AM - Nifty will face strong resistance at 4150, says Hardik Jain, technical analyst, ISJ Securities, on NDTV Profit. The trend is still weak and it can go down to 3800 this week, he adds.

10:05 AM - Long term charts of Praj Industries look good, says Rajkishore Bang, technical analyst, on NDTV Profit. Continue to hold the stock as it is expected to bounce back with the market, he says. It is currently trading at Rs 168.10, down 1.1% on the BSE.

9:57 AM - The market has opened lower on Thursday. Sensex is at 13,406, down 258 points from the previous close. Nifty is at 4027, down 65 points.

9:54 AM - The market may see a two-sided movement, says an NDTV Profit Opinion Poll. One may see a sell-off if the opening is strong. Next Nifty targets are 4165 and 4325. Stocks to watch are Pyramid Saimira, DLF, Maruti and other auto stocks.

9:47 AM - Archies will face a strong resistance at Rs 120, where one is advised to exit the counter, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It is at Rs 89 on the BSE.

9:41 AM - Jet Airways has broken all important support levels, but it may bounce back with the market, says Rajkishore Bang, technical analyst, on NDTV Profit. It is best to exit the stock on a rally, as thre isn’t much here in the short to medium term, he suggests. The stock is at Rs 347.55 on the BSE.

9:35 AM - DLF can go up to Rs 500 now, but it will see a lot of profit booking there and may come down again, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. It is at Rs 423.95 on the BSE.

ninad avasare
Doubling Stocks

3:37 PM - The market seems to be close to a bottom now, says stock market expert Amarjeet Singh, on CNBC Awaaz. One is not just seeing short covering, but value buying is emerging too, he adds. Have a medium to long term view to buy in the market now, he suggests.

3:32 PM - The market had a lacklustre first half, but gained tremendous momentum in the second half of the trading session. Sensex ended at 13,676, up 714 points (provisional) from the previous close. Nifty shut shop above 4100 at 4105, up 208 points (provisional).

3:25 PM - Hold Nifty July Futures long positions; 3975 is a good support, says Rahul Mohindar, technical analyst, as market closing strategy, on CNBC-TV18.

3:21 PM - Hold on to Nifty July Futures, with stoploss of 4015, says Vijay Bhambwani, technical analyst, as market closing strategy, on CNBC-TV18.

3:16 PM - One can buy SBI for short term trading, says Rahul Mohindar, technical analyst, as market closing strategy, on CNBC-TV18.

3:10 PM - If the Nifty manages to stay above 4020, then its next target will be 4093 and then 4120-4140, says Rajat Bose, technical analyst, on CNBC-TV18.

3:05 PM - The market is gaining strength and how! Sensex is up 686 points, at 13,648. Nifty is at 4088, up 192 points from the previous close. BSE Realty index is up over 12%, thanks to the news of DLF mulling a buyback. The stock is up 16%. The company’s board is to meet on July 10 to discuss the same.

2:56 PM - Reliance Industries can bounce to Rs 2,450 in the coming days, says stock market expert Amarjeet Singh, on CNBC Awaaz. It has support at Rs 1,940, he adds. The stock is currently trading at Rs 2,128.55, up 4.1% on the BSE.

2:49 PM - The uptrend in SEL Manufacturing is intact and it can go up to Rs 550-600, says market expert Sanjeev Agarwal, on CNBC Awaaz. One can look to exit there, he suggests. The stock is currently trading at Rs 533.85, up 10% on the BSE.

2:39 PM - One can look at buying or averaging BHEL in a staggered form at Rs 1,334, Rs 1,232 and even at Rs 970, if the market weakens further, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. It is currently trading at Rs 1,417, up 4.6% on the BSE.

2:32 PM - European markets are trading higher and so is the Indian market. Sensex is comfortably trading above 13,300 now, at 13,388, up 427 points from the previous close. Nifty is above 4000, at 4020, up 123 points. CNX Midcap index is up 1.4% and BSE Smallcap index, flat. All sectoral indices, except that for FMCG, are trading higher.

2:24 PM - Reliance Infrastructure has support at Rs 600-650 and resistance at Rs 900-1,000, where one can exit the counter, says Rajesh Jain of SMC Global, on NDTV Profit. It is currently trading at Rs 738.15, up over 5% on the BSE.

2:18 PM - All trends for DCB are down, says Simi Bhaumik, technical analyst, on Zee Business. It can even fall to Rs 35 now, she says. Do not buy or average the stock now, she suggests. It is currently trading at Rs 44.85, up 3.3% on the BSE.

2:10 PM - Sai Service Station has more downside left, says Simi Bhaumik, technical analyst, on Zee Business. If it falls below Rs 140, then it can go down to Rs 125-122, she says. It is currently trading at Rs 144, up over 2% on the BSE.

2:02 PM - UCO Bank can fall further, if the market weakens, says Simi Bhaumik, technical analyst, on Zee Business. It can fall to Rs 22-23, so do not buy or average the stock now, she suggests. It is currently trading at Rs 27, down 2.5% on the BSE.

1:54 PM - A short term investor can hold IDFC for a target of Rs 110-112, with a stoploss below 96, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 102.45, up 1.7% on the BSE.

1:47 PM - If MRPL continues to trade below Rs 50, then it can fall to Rs 35-30 also, says Simi Bhaumik, technical analyst, on Zee Business. If it manages to stay at or above Rs 45 today, then one can expect a bounceback, she says. It is currently trading at Rs 45.25, down 4.8% on the BSE.

1:37 PM - Suryachakra Power is a sell on rallies, as there seems to be no technical reason to hold the stock, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 15.50, down over 3% on the BSE.

1:30 PM - Crompton Greaves has support at Rs 182-180 and resistance at Rs 240-250, says Rajesh Jain of SMC Global, on NDTV Profit. One can expect momentum in this stock only after it crosses the resistance, he adds. It is currently trading at Rs 199.10, down 6.1% on the BSE.

1:23 PM - The short to medium term charts od Gwalior Chemicals looks firm and one can continue to hold it, says Simi Bhaumik, technical analyst, on Zee Business. It has support at Rs 70-75, which it might test in the current market scenario, she adds. It is currently trading at Rs 88.50, down 2.2% on the BSE.

1:14 PM - European markets are up and this has boosted the market back home too. Sensex is at 13,064, up 102 points from the previous close. Nifty is at 3911, up 14 points. CNX Midcap index is down 1.1% and BSE Smallcap index, down 1.9%.

1:13 PM - HEM Seecurities maintains a ‘buy’ rating on Kalindee Rail Nirman, with target price of Rs 310, reports CNBC-TV18. The stock is currently trading at Rs 175, down 2% on the BSE.

1:06 PM - Tata Motors looks oversold on the charts and therefore one should exit the counter at resistance level of Rs 480-500, says Rajesh Jain of SMC Global, on NDTV Profit. The stock is currently trading at Rs 398, down 2.6% on the BSE.

12:57 PM - Rajesh Exports has support at Rs 42-45 and will face resistance at Rs 60-65, says Rajesh Jain of SMC Global, on NDTV Profit. Exit the stock at the reisstane level and re-enter at lower levels, he suggests. It is currently trading at Rs 53.30, up 6.3% on the BSE.

12:50 PM - It is best to exit GMR Infrastructure in a counter rally at Rs 110-120 for now, says Rajesh Jain of SMC Global, on NDTV Profit. It can be bought at lower levels again, he suggests. It is currently trading at Rs 82.40, up over 2% on the BSE.

12:40 PM - Look at exiting RNRL at Rs 80-82 for now, says Rajesh Jain of SMC Global, on NDTV Profit. The stock is currently trading at Rs 56.85, down 3.2% on the BSE.

12:33 PM - One can look at exiting Lanco Infratech at Rs 300 or so, says Rajesh Jain of SMC Global, on NDTV Profit. The stock is currently tarding at Rs 246.50, down 6.3% on the BSE.

12:25 PM - Adani Enterprises has a short term support of Rs 490 and if this breaks, then one might see heavy selling in this counter, says Hitendra Vasudeo, technicala nalyst, on CNBC Awaaz. One can sell it close to Rs 660, which may be a resistance, he suggests. It is currently trading at Rs 554, down 6% on the BSE.

12:18 PM - NTPC is in a downtrend, but is a good stock to hold, says Rajesh Jain of SMC Global, on NDTV Profit. The stock will face some resistance at Rs 180-185, where a short term investor can book profits, he says. It has support at Rs 140-145, he adds. It is currently trading at Rs 154.70, up 1% on the BSE.

12:10 PM - IFCI will face resistance at Rs 40-42, where one should look to exit the counter, says Rajesh Jain of SMC Global, on NDTV Profit. It has support at Rs 28-30, he adds. It is currently trading at Rs 31.60, down 1.9% on the BSE.

12:02 PM - The market has moved into the positive terrain again. Sensex is at 13,071, up 110 points from the previous close. Nifty is at 3915, up 18 points. Technology, banking and healthcare stocks are attracting buying, while power, consumer durables and realty are being sold.

11:53 AM - Educomp Solutions has good support at Rs 1,900-2,100, where one can look to enter the stock, says Rajesh Jain of SMC Global, on NDTV Profit. Look to exit at around Rs 2,800-3,000, where it might face some resistance, he says. It is currently trading at Rs 2,485, up 4.2% on the BSE.

11:45 AM - Capital goods are trading close to their long term support lines, says Neppolian Pillai of Mordern Share & Stock Broking, on CNBC-TV18. One can look to buy L&T between Rs 2,070 and Rs 1,830 for a target of Rs 2,550-2,700, he says. Keep a stoploss of Rs 1,800, he suggests. The stock is currently trading at Rs 2,139.90 on the BSE.

11:38 AM - If one has 6-8 months view, then investing in the IT sector would be safe, says Manas Jaiswal of Emkay, on CNBC Awaaz. Infosys and Satyam Computer look good here, he suggests.

11:30 AM - One can look to buy SBI between Rs 1,020 and Rs 920, keeping a stoploss below Rs 900, says Neppolian Pillai of Mordern Share & Stock Broking, on CNBC-TV18. The stock can go higher in a pullback, he adds. It is currently trading at Rs 1,028, up 0.3% on the BSE.

11:22 AM - One may see a negative bias in the market for another 12-18 months, says Laurence Balanco, Asian Technical Research, CLSA, on CNBC-TV18. High crude oil prices and weak rupee will add to the pressure on the equities, he explains.

11:15 AM - One can look at buying Unitech partly at Rs 152-153 and partly at Rs 130 or so, says Neppolian Pillai of Mordern Share & Stock Broking, on CNBC-TV18. The stock will then have a target of Rs 175-185, he adds. It is currently trading at Rs 153.55, down 3.8% on the BSE.

11:08 AM - One should look to exit Andhra Bank close to Rs 60-65, says Gaurang Shah of Geojit Financial Services, on Zee Business. Pressure on banking stocks will continue, he adds. The stock is currently trading at Rs 51.35, down 1.5% on the BSE.

11:01 AM - The market is trading in the negative terrain. Sensex is at 12,912, down 49 points from the previous close. Nifty is at 3877, down 19 points. CNX Midcap index is down 2.5% and BSE Smallcap index, down 2.3%.

10:54 AM - There’s further downside in the market and the Nifty may take support at 3600-3700, says Laurence Balanco, Asian Technical Research, CLSA, on CNBC-TV18. The final capitulation in the market is not seen yet, he adds.

10:47 AM - There isn’t much visibility in earnings in case of BGR Energy, says Gaurang Shah of Geojit Financial Services, on Zee Business. It is better to sell the stock on a rally and switch to better choices like NTPC, Tata Power or even Power Grid, he suggests. BGR Energy is currently trading at Rs 215.60, up 1.2% on the BSE.

10:40 AM - The market is facing liquidity pressures due to increasing outflows, says SA Narayan of Kotak Securities, on NDTV Profit. Also, re-allocation and redemption is leading to sell-off in equities, he says. Inflation and crude oil price remains a major concern for the market, he adds.

10:32 AM - Crude needs to move past $143 per barrel to maintain momentum, says Laurence Balanco, Asian Technical Research, CLSA, on CNBC-TV18. But once it is past this, it can go up to $150-180 per barrel, he adds.

10:24 AM - If RPL closes above Rs 181, then one can expect it to go higher, says Salil Sharma, technical analyst, on NDTV Profit. On the downside, it has strong support at Rs 160, where one can look at buying the stock, he adds. It is currently trading at Rs 167.80, up 1.1% on the BSE.

10:16 AM - The Nifty can go up to 4050-4100 in a pullback, where one can review positions, says E Mathew, technical analyst, on CNBC-TV18.

10:10 AM - Sugar is one of the better bets in the market, says Salil Sharma, technical analyst, on NDTV Profit. Shree Renuka Sugars has support at Rs 92-93 and can go up to Rs 111-112, he adds. The stock is currently trading at Rs 99.95, up 4.9% on the BSE.

10:02 AM - One can expect an intra-day recovery today, says Salil Sharma, technical analyst, on NDTV Profit. The market is close to its near term bottom, as selling is overdone, he explains. But the next major level to watch ont he Nifty would be 3830, he adds.

9:57 AM - The market has opened slightly lower on Wednesday, but moved into the positive terrain within seconds. Sensex is at 13,057, up 96 points from the previous close. Nifty is at 3920, up 23 points.

9:54 AM - The market may see two-sided movement today, says an NDTV Profit Opinion Poll. Nifty range for the day is expected to be 3830-3960. A close below 3830 will be crucial. Sell ONGC, buy Natco Pharma on declines, suggest dealers. Also keep an eye on Shiv Vani Oil, they say.

9:44 AM - The market is close to finding a bottom now and one should start buying, says Rajat Bose, technical analyst, on CNBC Awaaz. The panic is seen and the indices have fallen quite a lot, start buying now, he suggests. The Nifty can move up to 4450 now, as the trend in the coming 8-10 weeks will be up now, he says.

ninad avasare
Doubling Stocks

3:52 PM - The market saw last week’s downtrend continue today. Sensex ended at 13,461, down 340 points from the previous close. Nifty shut shop at 4040, down 96 points. CNX Midcap and BSE Smallcap indices lost 3.8% and 3.4% respectively. Realty, cement, consumer durables, oil & gas stocks made heavy losses, while pharma, IT and FMCG attracted buying. Biggest losers on the Sensex included ACC, Reliance Infrastructure and DLF, while gainers were Hindalco, JP Associates, ITC and Infosys, among others.

ninad avasare
Doubling Stocks

3:46 PM - Chambal Fertilisers has support at Rs 62-60, says Rahul Mohindar,technical analyst, on CNBC-TV18. The stock is at Rs 66.65, down 11% on the BSE.

3:43 PM - One can buy Cairn India at Rs 265, having a stoploss below Rs 260, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is at Rs 274.95 on the BSE.

3:39 PM - Prabhudas Lilladher has a ‘buy’ rating on UTV Software Communications, with a target price of Rs 928, reports CNBC-TV18. The stock is at Rs 760, up 0.7% on the BSE.

3:32 PM - The start of the week saw key indices fall even lower. Sensex ended at 13,405, down 396 points (provisional) from the previous close. Nifty shut shop at 4025, down 111 points (provisional). Market breadth was extremely weak, with 200 advances against 1,058 declines on the NSE.

3:24 PM - Hold Nifty Future shorts with stoploss of 4010 and target of 3940, says Vijay Bhambwani, technical analyst, as market closing strategy, on CNBC-TV18.

3:19 PM - In the current market scenario, one should not be surprised to see 13,000 on the Sensex and 3900 on the Nifty, says Rahul Mohindar, technical analyst, on CNBC-TV18.

3:12 PM - Plethico Pharma has support at Rs 305 and resisance at Rs 480, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is trading at Rs 392, down 1.9% on the BSE.

3:04 PM - Realty stocks like IVRCL and Gammon have another 10-15% downside, says Rahul Mohindar, technical analyst, on CNBC-TV18. The sentiment is negative here and there are inclining volumes on falls, he explains. Traders can look at shorting here, he suggests.

2:58 PM - Anant Raj Industries’ trend is negative, so if one wants to hold it, do so keeping a stoploss below Rs 125, says Hemen Kapadia, technical analyst, on CNBC Awaaz. It is currently trading at Rs 144, up 0.8% on the BSE.

2:51 PM - The market is jittery on political uncertainity, say dealers, reports CNBC-TV18. Flows are incrementally negative at the FII desk, they say. There’s redemption led pressure on hedge funds, they add.

2:45 PM - The market is breaking one important level after the other. Sensex is below 13,500 now, at 13,472, down 330 points. Nifty is at 4039, down 96 points.

2:38 PM - Corporation Bank can fall to Rs 220 in July, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is trading at Rs 264.90, up 4% on the BSE.

2:31 PM - More downside is expected in MIC Electronics, says Hemen Kapadia, technical analyst, on CNBC Awaaz. It looks weak ont he charts, so one should exit the counter, he suggests. It is currently trading at Rs 104.70, up 0.9% on the BSE.

2:21 PM - The long term trend for Cipla is up, says Deepak Mohoni, technical analyst, on CNBC-TV18. So it can be a good buy now for the medium to long term, he suggests. For the medium term, keep a stoploss at Rs 195, he suggests. It is currently trading at Rs 211.20, up 0.3% on the BSE.

2:12 PM - The downside seems to be limited now, so one can start investing for the long term in a staggered way, says Deepak Mohoni, technical analyst, on CNBC-TV18.

2:05 PM - BHEL has bagged an order worth Rs 2,080 crore from a Syria power plant, reports CNBC-TV18. The stock is currently trading at Rs 1,408, up 2% on the BSE.

1:58 PM - Prabhudas Lilladher has a ‘buy’ rating on Parekh Aluminex, with a target price of Rs 215, reports CNBC-TV18. The stock is currently trading at Rs 113, down 4.2% on the BSE.

1:50 PM - ICICI Bank now has support at Rs 600 and resistance at Rs 670, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 618, down 5.4% on the BSE.

1:42 PM - The support level for Idea Cellular is seen at Rs 80, says Edelweiss, reports CNBC-TV18. The stock is currently trading at Rs 95.10, down 2.4% on the BSE.

1:34 PM - One can buy Noida Toll Bridge at Rs 30 for the long term, says Rajesh Tambe of Sunchan securities, on Zee Business. The stock is currently trading at Rs 33.25, down 4.2% on the BSE.

1:26 PM - Crude will go down, but after rallying to $150-170 per barrel, says Marc Faber, investment guru, on NDTV Profit.

1:20 PM - The market may find a bottom in the second-third week of July and bounce well from there, says Hemen Kapadia, technical analyst, on NDTV Profit. It can be a great trading opportunity then, he adds.

1:12 PM - India Infoline has downgraded its rating on Hotel Leela Venture to market performer with a target price of Rs 41, reports CNBC-TV18. The stock is currently trading at Rs 33.35, down 2.6% on the BSE.

1:01 PM - Sensex is at 13,665, down 137 points from the previous close. Nifty is at 4106, down 30 points. CNX Midcap and BSE Smallcap indices are down 1.4% each. Market breadth is extremely weak with 317 advances against 898 declines on the NSE.

12:55 PM - Nalco has supports at Rs 320 and Rs 294, below which one can have stoplosses, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. On the upside, it might face resistance at Rs 410-430, where one can sell, he adds. It is currently trading at Rs 339, up 1.9% on the BSE.

12:49 PM - Bharti Airtel seems to have good support at Rs 708, says Hemen Kapadia, technical analyst, on NDTV Profit. If this breaks, then it might open the flood gates and the stock may fall much lower, he says. It is currently trading at Rs 731.90, down 2% on the BSE.

12:41 PM - One can look at buying SBI after a couple of weeks, when it will be available at Rs 1,000 or so, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 1,151, down 0.6% on the BSE.

12:32 PM - One may get DLF at Rs 360-350 by the second or third week of July, says Hemen Kapadia, technical analyst, on NDTV Profit. So it is better to sell now and buy again at lower level, he suggests. It is currently trading at Rs 409.50, down 3.5% on the BSE.

12:24 PM - Hindustan Constructions has good support at Rs 82, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. If it holds this, then one can expect it to bounce to Rs 100-105, he says. It is currently trading at Rs 84.25, up 0.2% on the BSE.

12:16 PM - Karvy Stock Broking has an ‘underperformer’ rating on Tata Steel with a target price of Rs 595, reports CNBC-TV18. The stock is currently trading at Rs 718.95, down 1.1% on the BSE.

12:10 PM - Do not buy stocks like Monnet Ispat in the current market, says MB Singh, technical analyst, on Zee Business. The stock has support at Rs 380 and will face resistance at Rs 600 and one can expect any new trend only if this is crossed, he says. It is currently trading at Rs 519.35, up 0.3% on the BSE.

12:03 PM - The market is trading close to the day’s low. Sensex is at 13,679, down 122 points from the previous close. Nifty is at 4105, down 31 points. CNX Midcap index is down 1% and BSE Smallcap index, down 0.9%. Realty, banking and auto stocks are being dumped, while there’s some buying seen in IT and healthcare stocks. Market breadth is weak, with 348 advances against 847 declines on the NSE.

11:55 AM - Sesa Goa has good support at Rs 3,100, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. On the upside, one may look to book profits, at least partially, at Rs 3,700 or so, he suggests. The stock is currently trading at Rs 3,452.90, up 1.1% on the BSE.

11:47 AM - The market has further dowside, says Hemen Kapadia, technical analyst, on NDTV Profit. Sensex is taking support at 13,700, but if this breaks, then the next supports will come in at 13,300 and 12,800, he adds. The market may see a small bounce today or tommorrow, but it will not be sustainable, he adds.

11:39 AM - Most of the bad news is in the open now and the downside seems to be limited, says an expert from Motilal Oswal, on CNBC-TV18. Inflation is the biggest worry for the market and it may not cool off yet, he says. There’s a high probability that the market will remain rangebound for next 6 months, he says.

11:31 AM - Sun Pharma has good support at Rs 1,270, says Sudhanshu Pandey of LKP Shares, on CNBC Awaaz. SO one can keep a stop below this and hold it for the long term, he suggests. If it breaks the support, the it is advisable to book profits here, he adds. On the upside, it will face resistance at Rs 1,400-1,450, he says. It is currently trading at Rs 1,360, up 2% on the BSE.

11:24 AM - One may see bottom fishing at current levels, says Harendra Kumar of Centrum Broking, on NDTV Profit. But the realty space may see further correction, he adds.

11:15 AM - Indian market could go down to 12,000-10,000, says Marc Faber, investment guru, on NDTV Profit. One may see a bounce, but the market will drift lower, he says.

11:08 AM - RNRL has a crucial support at Rs 70 and if this breaks, the stock may see much lower levels, says MB Singh, technical analyst, on Zee Business. Keep a strict stoploss of Rs 69 and hold the stock for now, he suggests. In a bounce it can give Rs 15 or so upside, he says. It is currently trading at Rs 73.35, up 1.4% on the BSE.

11:01 AM - The market is trading up now. Sensex is at 13,823, up 20 points from the previous close. Nifty is at 4148, up 11 points. CNX Midcap index is up 0.4%. Market breadth is slightly weak, with 507 advances against 652 declines on the NSE.

10:54 AM - One should exit L&T on any bounce, says MB Singh, technical analyst, on Zee Business. The stock became weak below Rs 2,550 and now has an immediate support at Rs 2,240, he says. In the coming months, the stock might see levels of Rs 1,700 or so, he adds. It is currently trading at Rs 2,299, up 1.4% on the BSE.

10:45 AM - If DLF continues to trade below Rs 440, then it can test Rs 415-402, says Rajat Bose, technical analyst, on CNBC-TV18. But avoid shorting here, as there are a lot of short positions accumulated here, he suggests. It is currently trading at Rs 420, down 1% on the BSE.

10:38 AM - The auto pack may be hit due to weak macro factors, says Harendra Kumar of Centrum Broking, on NDTV Profit. But the brokerage is positive on Maruti and Bajaj Auto, he adds.

10:30 AM - Sobha Developers looks weak on the charts and can possibly fall to Rs 283-275 in the short term, says Rajat Bose, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 288, down 3% on the BSE.

10:21 AM - SBI looks weak on the charts and can possibly fall to Rs 1,100 says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1,148, down 0.9% on the BSE.

10:13 AM - Unitech may take support at Rs 172-169 today, says Rajat Bose, technical analyst, on CNBC-TV18. If it manages to bounce from here, then one can look at buying the stock, otherwise avoid it, he suggests. It is currently trading at Rs 175.90, down 3.8% on the BSE.

10:04 AM - There seems to be no strength in the auto space, says Prakash Gaba, technical analyst, on CNBC Awaaz. One can short Tata Motors, Maruti Suzuki and Mahindra & Mahindra, but with tight stoplosses, he suggests.

9:58 AM - The market has opened flattish, with a negative bias on Monday. Sensex is at 13,792, down 9 points from the previous close. Nifty is flat at 4136.

9:51 AM - The market may see a two-sided movement today, says an NDTV Profit Opinion Poll. Breaking 4065 on the Nifty will confirm a fall. Nifty range for the day is expected to be 4035-4127. Stocks to watch today are RPL, Andhra Cements and Asian Paints.

9:44 AM - If the Nifty falls below 4093, then one can expect it to fall to 4040-3980; its major support, says Rajat Bose, technical analyst, on CNBC-TV18. If international cues turn a little better, then one might see some buying coming in, he adds.

9:38 AM - In banks, ICICI Bank looks weak and can fall to Rs 670-630, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is at Rs 653.10 on the BSE.

9:30 AM - The Sensex has an important support at 13,700 now, says Prakash Gaba, technical analyst, on CNBC Awaaz. There are some chances of a bounce from here, but there’s not much conviction in the market, he adds.

3:49 PM - The F&O expiry day was choppy, but ended positive, despite weak cues from global markets. Sensex ended at 14,421, up 201 points from the previous close. Nifty shut shop at 4315, up 63 points. CNX Midcap index lost 0.7%, while BSE Smallcap index, gained 0.9%. Oil & gas, IT and metal stocks gained today, while realty and banking stocks were beaten up. Top Sensex gainers for the day include Ambuja Cements, Wipro, Cipla and RIL, while losers are Reliance Communications, Maruti and DLF, among others.

3:40 PM - There is still a lot of weakness left in SBI, says Manas Jaiswal of Emkay, on CNBC Awaaz. It is best to exit the stock on rallies to Rs 1,300 or so, he suggests. In the next 6 months or so, the stock can see levels like Rs 950-1,000, he adds. It is at Rs 1,221 on the BSE.

3:32 PM - The market has closed higher. Sensex ended at 14,349, up 129 points (provisional) from the previous close. Nifty shut shop at 4316, up 64 points (provisional).

3:28 PM - One can keep a stoploss of Rs 695 on Tata Steel and continue to hold it, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock has support at Rs 720 and a short term target of Rs 775-810, he adds. The stock is currently trading at Rs 759.65, up 2.3% on the BSE.

3:21 PM - Buy SBI with a stoploss below Rs 1,195 and a target of Rs 1,230, says Rahul Mohindar, techical analyst, as market closing strategy, on CNBC-TV18.

3:18 PM - Prabhudas Lilladher has an ‘outperformer’ rating on TV Today, with target price of Rs 140, reports CNBC-TV18. The stock is currently trading at Rs 92.25, up 1% on the BSE.

3:10 PM - Escorts has good support at Rs 72, but if this breaks, it can fall to Rs 55-52, says Manas Jaiswal of Emkay, on CNBC Awaaz. One should look at buying the stock only after it crosses Rs 95, which will confirm a trend reversal, he suggests. It is currently trading at Rs 78.75, down 1.1% on the BSE.

3:03 PM - NTPC can fall further from here, to Rs 130 or so, says Manas Jaiswal of Emkay, on CNBC Awaaz. So look at buying the stock at lower levels, if it takes support there, he suggests. The stock is currently trading at Rs 152.90, down 2.8% on the BSE.

2:54 PM - Manali Petro can go to Rs 14 and above that, to Rs 16, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 12.25, up 1.8% on the BSE.

2:45 PM - Hexaware can bounce to Rs 75-80, says Prakash Gaba, technical analyst, on CNBC Awaaz. The downside here is limited, he adds. The stock is currently trading at Rs 56.20, up 5% on the BSE.

2:37 PM - UBS has initiated ‘buy’on Bajaj Hindusthan, with a target of Rs 248, reports CNBC-TV18. The stock is currently trading at Rs 180, down 2.3% on the BSE.

2:30 PM - Gujarat NRE seems to be consolidating and has good support at Rs 130, says Prakash Gaba, technical analyst, on CNBC Awaaz. If it crosses Rs 140, then it can go up to Rs 155-160, he adds. The stock is currently trading at Rs 134.35, down 1.4% on the BSE.

2:22 PM - Educomp looks good on the charts and can bounce to Rs 3,250-3,350, says Prakash Gaba, technical analyst, on CNBC Awaaz. The down move seems to be over here, he adds. The stock is currently trading at Rs 2,987, up 3.8% on the BSE.

2:14 PM - If the Sensex breaks 13,800 next week, then the next support would come in at 13,300, says Hemen Kapadia, technical analyst, on Zee Business. But July-end - August will be positive for the market, as one will see a bounce back, he adds.

2:06 PM - Network 18 will face strong resistance at Rs 270-275, says MB Singh, technical analyst, on Zee Business. If the market weakens, the stock will weaken a lot more, he adds. So do not buy the stock for now, he suggests. It is currently trading at Rs 171.50, down 0.6% on the BSE.

1:58 PM - European markets are trading down, but the Indian market is trading firm. Sensex is at 14,391, up 171 points from the previous close. Nifty is at 4293, up 40 points. CNX Midcap and BSE Smallcap indices are up 0.1% and 1% respectively. Oil & gas and IT stocks are attracting buying, while realty and auto stocks are being dumped.

1:53 PM - If the market rebounds, then stocks like DLF and Unitech may also give a good bounce, says Hemen Kapadia, technical analyst, on Zee Business. But whether they will sustain there or not, is questionable, he adds.

1:45 PM - If one has 8-10 month perspective, then ITC can be a safe bet in the market, says Shishir Kedia, technical analyst, on NDTV Profit.The stock is currently trading at Rs 189.50, up 1.7% on the BSE.

1:38 PM - If Gujarat NRE falls below Rs 120 decisively, then it can go to Rs 60-70 too, says MB Singh, technical analyst, on Zee Business. On the upside, above Rs 165, it can see a good upmove, he adds. But exit the stock on rallies in the current market condition, he suggests. It is currently trading at Rs 134.25, down 1.5% on the BSE.

1:30 PM - Rohit Ferro has support at Rs 130 and below this, it can fall to Rs 110, says MB Singh, technical analyst, on Zee Business. On the upside, it can go to Rs 170-175, he adds. The stock is currently trading at Rs 134, down 3.6% on the BSE.

1:23 PM - Dena Bank has strong resistance at Rs 50 and one is advised to exit the counter on rallies, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 43.95, down 0.7% on the BSE.

1:16 PM - India Infoline has a ‘buy’ rating on BHEL, with a target of Rs 2,058, reports CNBC-TV18. The stock is currently trading at Rs 1,435, down 0.5% on the BSE.

1:04 PM - Sensex is currently trading at 14,306, up 86 points from the previous close. Nifty is at 4261, up just 8 points.

12:57 PM - Cairn India can be bought at Rs 250-255 with a stoploss of Rs 240, says Shishir Kedia, technical analyst, on NDTV Profit. The stock will face resistance at Rs 280, he adds. It is currently trading at Rs 265.40, down 1% on the BSE.

12:49 PM - Hindustan Oil Exploration has support at Rs 120-122, where one can keep a stoploss and continue to hold the stock, says Shishir Kedia, technical analyst, on NDTV Profit. Once it moves above Rs 136, it will have a short term target of Rs 150, he adds. The stock is currently trading at Rs 134.65, up 3.3% on the BSE.

12:42 PM - Tata Motors is in a downtrend and can fall to Rs 420-430, says Shishir Kedia, technical analyst, on NDTV Profit. On the upside, it will find resistance at Rs 480-510, he adds. It is currently trading at Rs 469.95, down 1% on the BSE.

12:34 PM - SBI has good supports at Rs 1,095 and Rs 1,039, says Hemen Kapadia, technical analyst, on Zee Business. One can look at buying the stock at these levels for a return of 20-30% in the next 3-4 months, he adds. It is currently trading at Rs 1,195, down 0.7% on the BSE.

12:26 PM - If one has a short term view in case of Satyam Computer, then keep a stoploss of Rs 430, says Shishir Kedia, technical analyst, on NDTV Profit. If it falls below this, then it can go to Rs 380, he adds. On the upside it will face resistance at Rs 470 and above that, at Rs 510, he says.

12:18 PM - There is more pain left in GMR Infrastructure, says Shishir Kedia, technical analyst, on NDTV Profit. If it falls below Rs 94, it can go down to Rs 84.85, he says. On the upside, if it can sustain above Rs 102, then it can go to Rs 110, he adds. The stock is currently trading at Rs 99.75, up 0.6% on the BSE.

12:11 PM - Nagarjuna Constructions has good support at Rs 139-140 and one can expect it to bounce to Rs 165-170 from here, says Salil Sharma, technical analyst, on CNBC Awaaz. But keep a stoploss of Rs 137, because if it falls below this, then it can go down to Rs 100, he says. It is currently trading at Rs 145, down 0.9% on the BSE.

12:04 PM - The market has lost some of its morning gains. Sensex is at 14,271, up 51 points from the previous close. Nifty is at 4250, down just 2 points. CNX Midcap index is up 0.02% and BSE Smallcap index, up 1.1%. Market breadth is positive, with 773 advances against 400 declines on the BSE.

11:58 AM - The RBI may tighten policy rates by 50 bps in the next six months, says Chetan Ahya, MD, Morgan Stanley, on CNBC-TV18. But he does not expect it to hike CRR anymore.

11:50 AM - The downside in ONGC seems to be over and an upmove may be possible now, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock can now move up to Rs 940-950, he adds. So it is a good time to invest int he stock now, he adds. It is currently tradin