Intraday calls

[n_arvind2000]

Aim to touch Rs 1.50 lakh cr mark by 2013: Dena Bank

DENA BANK...... Upside Journey begins......

Public sector Dena Bank aims to touch Rs 1.50 lakh crore mark by 2013, with a growth of 20% during this fiscal, according to a top bank official.

"We have set a target of Rs 1,50,000 crore by 2013", Dena Bank Chairperson and Managing Director Nupur Mitra, who assumed office today, told reporters here.

She said the bank reported a 19.21% jump in total business to Rs 1,07,336 crore as of September 30, 2011. On the outlook for this financial year, she said the bank would introduce gold loan and housing loans. "We plan to introduce gold loan scheme and housing loan. Already we have tied-up with 70-80 builders to sell (housing loans)",she said. :clapping:

Besides, a revision of interest rates for Savings Bank accounts would be decided at the Asset Liability Committee meeting (ALCO), slated to be held this month. She said the bank would lay special focus on Maharashtra and Gujarat as they have a signficant presence there. "We have around 500 branches in Gujarat alone. With many automajors, it is becoming a major hub", she said.

The Bank has already opened 507 ATMs and aims to increase it to 757 by March 31, 2012, she said. :clap:

Dena Bank has reported results for the quarter ended Sep '11. Interest earned for the quarter was Rs 1,633.82 crore and net profit was Rs 193.58 crore.

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (08th Nov)

If NIFTY breaches 5323 and stays above at least 5303 with good volume then NIFTY trend is becoming 'STRONG' and may see 5345 and 5385. :thumb:

If Nifty breaches 5245 and stays below 5266 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5223 and 5190.

If SENSEX breaches 17688 and stays above 17625 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17760 and 17890.

If Sensex crosses 17437 and stays below 17501 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17360 and 17250.

Intraday break out level to watch on NIFTY Spot- 5323

Intraday break down level to watch on NIFTY Spot- 5245

NIFTY FUTURES :clap:

BUY -5324 T-5344,5370,5410 SL-5311
SELL -5309 T-5289,5265,5220 SL-5322

SBIN FUTURES :thumb:

BUY -1978 TARGETS-1988,1998,2015 SL-1969
SELL -1965 TARGETS-1955,1945,1932 SL-1973

 

[n_arvind2000]

Crompton Greaves - BUY - Target: Rs 155 Stop Loss: Rs 138
Crompton Greaves has found good support near Rs 135 and it is now attempting to move higher after consolidating in the Rs 135-143 zone in the last couple of weeks. The first target for the stock is Rs 155 and a breach of the same is likely to take it higher to Rs 162. :thumb:


SBIN - BUY - Target: Rs 2,078 Stop Loss: Rs 1930
SBI made a low of Rs 1,710 on October 5 and it has recovered smartly thereafter. It is forming an inverted head and shoulder pattern on the daily chart and a move above Rs 2,020 should take the stock higher to the Rs 2,070-2,100 zone.


Petronet LNG - BUY - Target: Rs 181 Stop Loss: Rs 164
Petronet LNG has been in a strong uptrend and it also moved up smartly on Friday to move past the short-term resistance level of Rs 169. A breach of Rs 175 should take the stock higher to Rs 181 in the extreme short-term.


Axis Bank - BUY - Target: 1238 Stop Loss: 1105 :clapping:
The company's trailing 12-month (TTM) EPS was at Rs 91.51 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 12.42. The latest book value of the company is Rs 460.71 per share. At current value, the price-to-book value of the company was 2.47. The dividend yield of the company was 1.23%.


Dena Bank - BUY - Target: 118 Stop Loss: 72 :thumb:
Public sector Dena Bank aims to touch Rs 1.50 lakh crore mark by 2013, with a growth of 20% during this fiscal, according to a top bank official.
bank reported a 19.21% jump in total business to Rs 1,07,336 crore as of September 30, 2011. On the outlook for this financial year, Dena Bank Chairperson and Managing Director Nupur Mitra said the bank would introduce gold loan and housing loans. "We plan to introduce gold loan scheme and housing loan. Already we have tied-up with 70-80 builders to sell (housing loans)",she said
The Bank has already opened 507 ATMs and aims to increase it to 757 by March 31, 2012, she said.


HUL - BUY - Target: Rs 359 Stop Loss: Rs 393
HUL gave a sharp run from Rs 325 to Rs 393 in just six trading sessions and is now consolidating near Rs 380. Momentum indicators are showing signs of tiredness and the stock is likely to retreat to Rs 359-odd level in a few days.


Agro Tech Foods - BUY - Market price: Rs 409 Target price: Rs 450 :lol:
ATFL came out with encouraging Q2FY12 results with profit witnessing decent growth. It has entered the ready-to-eat meals segment and with growing urbanisation, awareness and disposable double income, the management is optimistic that the company will witness positive growth momentum.

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (09th Nov)

If NIFTY breaches 5318 and stays above at least 5303 with good volume then NIFTY trend is becoming 'STRONG' and may see 5333 and 5358. :clap:

If Nifty breaches 5260 and stays below 5275 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5240 and 5215. :thumb:

If SENSEX breaches 17667 and stays above 17618 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17720 and 17800.

If Sensex crosses 17472 and stays below 17521 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17410 and 17320.

Intraday break out level to watch on NIFTY Spot- 5318

Intraday break down level to watch on NIFTY Spot- 5260 :clapping:

NIFTY FUTURES :clap:

BUY -5322 TARGETS-5342,5362,5398 SL-5303
SELL-5296 TARGETS-5276,5256,5220 SL-5310

SBIN FUTURES :clapping:

BUY-2016 TARGETS-2026,2045,2070 SL-2008
SELL-1994 TARGETS-1984,1968,1940 SL-2000

 

[n_arvind2000]

please suggest me for TCS as it is performing good today.

TCS is bullish...zone and on the upside! :thumb:

S 2 S 1 Pivot R 1 R 2
1086.55 1095.85 1105.35 1114.65 1124.10


- 5 day RSI: 59
- 14 day RSI: 57
- Volume: 846000 .... 20 day av vol: 1934000

Once past 1124 will go for 1169-1181-1205 SL 1096

 

[n_arvind2000]

thanks Arvind,

can you suggest me some stocks for intraday
it will be really helpful for me
thanks

Hindustan Oil Exploration Company Ltd is a 'BUY' call with a target of Rs 145 and a stop loss of Rs 120

Power Finance Corporation Ltd is a 'BUY' call with a target of Rs 185 and a stop loss of Rs 164

Cairn India Ltd is a 'BUY' call with a target of Rs 330 and a stop loss of Rs 312

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (11th Nov)

NIFTY
Trend-Weak
SENSEX
Trend-Weak

If NIFTY breaches 5280 and stays above at least 5250 with good volume then NIFTY trend is becoming 'STRONG' and may see 5310 and 5390.

If Nifty breaches 5162 and stays below 5192 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5130 and 5080.

If SENSEX breaches 17542 and stays above 17452 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17635 and 17880.

If Sensex crosses 17182 and stays below 17273 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17080 and 16925.

Intraday break out level to watch on NIFTY Spot- 5280

Intraday break down level to watch on NIFTY Spot- 5162


NIFTY FUTURES :clap:

BUY-5272 TARGETS-5300,5340,5385 SL-5258
SELL-5225 TARGETS-5201,5165,5110 SL-5243

SBIN FUTURES :clapping:

BUY-1923 TARGETS-1935,1970,2050 SL-1915
SELL-1855 TARGETS-1835,1800,1730 SL-1873

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (14th Nov)

NIFTY
Trend-Weak
SENSEX
Trend-Weak

If NIFTY breaches 5200 and stays above at least 5184 with good volume then NIFTY trend is becoming 'STRONG' and may see 5220 and 5250. :clap:

If Nifty breaches 5137 and stays below 5154 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5120 and 5090.

If SENSEX breaches 17294 and stays above 17242 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17360 and 17450.

If Sensex crosses 17092 and stays below 17143 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 17035 and 16935.

Intraday break out level to watch on NIFTY Spot- 5200 :clapping:

Intraday break down level to watch on NIFTY Spot- 5137

NIFTY FUTURES :thumb:

BUY -5198 TARGETS -5213,5240,5267 SL-5184
SELL-5183 TARGETS -5168,5140,5112 SL-5195

BANKNIFTY FUTURES :clapping:

BUY -9415 TARGETS-9450,9560,9780 SL-9390
SELL-9288 TARGETS-9210,9100,8920 SL-9328

SBIN FUTURES :clapping:

BUY -1826 TARGETS-1838,1870,1920 SL-1817
SELL-1797 TARGETS-1775,1745,1700 SL-1809

 

[n_arvind2000]

NIFTY & SENSEX VIEWS: (15th Nov)

NIFTY
Trend-Weak
SENSEX
Trend-Weak

If NIFTY breaches 5197 and stays above at least 5172 with good volume then NIFTY trend is becoming 'STRONG' and may see 5225 and 5285. :clap:

If Nifty breaches 5099 and stays below 5125 then NIFTY trend is said to be 'WEAK'.Then expected lower targets are 5070 and 5035.

If SENSEX breaches 17283 and stays above 17200 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 17380 and 17580. :thumb:

If Sensex crosses 16955 and stays below 17037 level then Sensex trend is said to be 'WEAK'.Then expected lower targets are 16860 and 16735.

Intraday break out level to watch on NIFTY Spot- 5197

Intraday break down level to watch on NIFTY Spot- 5099 :clapping:

BANK NIFTY FUTURES

BUY -9350 TARGETS -9390,9465,9585 SL-9325
SELL-9254 TARGETS -9200,9130,9050 SL-9284

SBIN FUTURES

BUY -1797 TARGETS-1809,1850,1920 SL-1787
SELL-1742 TARGETS-1728,1690,1620 SL-1752

 

[amardeep singh]

hello friends,
Can we short-sell equities for intraday trading and
What is the margin money required.