Nifty intraday performance on 30/01/2009

balu subramaniam (30/01/2009 10:16:09 AM): go long in ambuja cements if it crosses above 69.25 for target of 71.20
balu subramaniam (30/01/2009 10:16:57 AM): if not able to cross 69.20 go short for below target of 65.80
balu subramaniam (30/01/2009 10:18:07 AM): go long in cairn with sl of 164 for target of 170
balu subramaniam (30/01/2009 10:20:26 AM): today trade with strict stoploss
balu subramaniam (30/01/2009 10:21:12 AM): ongc has hurdles at 657
balu subramaniam (30/01/2009 10:22:56 AM): for fresh upmove nifty fut has to sustain above 2820
balu subramaniam (30/01/2009 10:25:59 AM): go long in hindunilever above 261.75 for target of 265
balu subramaniam (30/01/2009 10:34:49 AM): today we dont expect big move in nifty.rangebound in intraday
balu subramaniam (30/01/2009 10:45:03 AM): hcltech buy above 114.75 will take to 120-121
balu subramaniam (30/01/2009 11:54:19 AM): high risk traders:very short term traders can short nifty with sl of 2835 for target of 2785-2790
balu subramaniam (30/01/2009 12:38:35 PM): as i mentioned in my blog nifty has stiff res at 2860-2850
balu subramaniam (30/01/2009 12:39:15 PM): cross and close over that level will be positive for market

Nifty intraday performance on 29/01/2009

balu subramaniam (29/01/2009 10:12:10 AM): go long in suzlon above 47.80 for 49.60
balu subramaniam (29/01/2009 10:13:03 AM): maruthi buy above 542.50 for 563
balu subramaniam (29/01/2009 10:14:11 AM): stay long in hdfc with sl of 1542 for target of 1584
balu subramaniam (29/01/2009 10:15:09 AM): if icici bank holds the level of 418 then we can see the target of 431 and above
balu subramaniam (29/01/2009 10:16:28 AM): bharathi airtel if breaks the level of 637 then we can the target of 624 in coming session itself
balu subramaniam (29/01/2009 10:17:49 AM): if rpl beaks 84 it can move down to 81.50
balu subramaniam (29/01/2009 10:21:11 AM): if tata motors holds the level of 148 then we can see up move in this stock for target of 156-158
balu subramaniam (29/01/2009 10:23:23 AM): trade carefully for long position put strict stoploss
balu subramaniam (29/01/2009 10:32:10 AM): NIFTY HAS SUPPORT AT 2800-2810 LEVELS
balu subramaniam (29/01/2009 10:42:21 AM): IF NIFTY SUSTAINS BELOW 2855 IT MAY TAKE IT DOWN TO 2800
balu subramaniam (29/01/2009 10:43:45 AM): BELOW 2800 LEVEL WATCH THE PANIC LEVEL OF 2730-2720
balu subramaniam (29/01/2009 10:44:57 AM): FOR CURRENT SITUATION GO SHORT WITH STOPLOSS OF 2860 TARGET 2800-2730

Nifty intraday performance on 28/01/2009

balu subramaniam (28/01/2009 10:56:20 AM): nifty has to sustain above 2820 for fresh up move
balu subramaniam (28/01/2009 11:05:05 AM): if tata communication trades without breaking 453 levels.Then go long for target of 465
balu subramaniam (28/01/2009 11:07:01 AM): if acc holds 499 then go long for target of 515
balu subramaniam (28/01/2009 11:08:31 AM): go long in M&M with sl of 280 for target of 290
balu subramaniam (28/01/2009 11:10:33 AM): today we dont see any panic in the market expect flat closing
balu subramaniam (28/01/2009 11:11:20 AM): today we expect huge short covering in counter like satyam and unitech
balu subramaniam (28/01/2009 12:34:57 PM): tatamotors if crosses today's high next target will be 155
balu subramaniam (28/01/2009 12:36:43 PM): suzlon if breaks today low watch the price of 43.90
balu subramaniam (28/01/2009 1:56:28 PM): nifty if able to sustain above 2820 for 15 min next target at 2860

Nifty intraday performance on 27/01/2009

balu subramaniam (27/01/2009 10:03:20 AM): GO LONG IN HCLTECH WITH STOPLOSS OF 112.35 FOR TARGET OF 118
balu subramaniam (27/01/2009 10:08:41 AM): IF AMBUJA CEMENTS HOLDS THE SUPPORT LEVEL OF 68.80 THEN GO LONG FOR TARGET OF 71.75
balu subramaniam (27/01/2009 10:09:45 AM): GO LONG IN ZEEL ABOVE 95.70 FOR TARGET OF 100.50
balu subramaniam (27/01/2009 10:13:02 AM): STER HAS CHANCE TO MOVE UPTO 265 LEVELS
balu subramaniam (27/01/2009 10:15:36 AM): HCLTECH TARGET ACHIEVED
balu subramaniam (27/01/2009 10:16:37 AM): CATCH TATASTEEL ABOVE 176 FOR TARGET OF 185
balu subramaniam (27/01/2009 10:20:54 AM): GRASIM HAS HURDLES AT 1184 ABOVE 1184 CAN FLARE UPTO 1235
balu subramaniam (27/01/2009 10:23:02 AM): GO LONG IN POWER GRID WITH SL OF 86 FOR 88.2 AND ABOVE THAT 90
balu subramaniam (27/01/2009 10:25:13 AM): ABOVE 2726 NIFTY FUT CAN FLARE UPTO 2750-2760
balu subramaniam (27/01/2009 10:28:29 AM): GO SHORT IN ONGC FOR 623 WITH SL OF 636
balu subramaniam (27/01/2009 10:31:15 AM): RISKY CALL:GO SHORT IN M&M FOR 254 WITH SL OF 270
balu subramaniam (27/01/2009 10:36:48 AM): TODAY FOR SHORT POSITION PLEASE KEEP STRICT STOPLOSS
balu subramaniam (27/01/2009 11:28:25 AM): nifty is not able to sustain above 2730 level.If your short in nifty hold it with stoploss of 2730 on closing basis
balu subramaniam (27/01/2009 12:07:04 PM): short call given on ongc target acheived made 623.60 and bounced bcak
balu subramaniam (27/01/2009 12:13:08 PM): If Nifty sustains above 2730 then next target will be 2760-2770 and above that 2810-2820
balu subramaniam (27/01/2009 1:35:04 PM): dont take fresh long position
balu subramaniam (27/01/2009 1:36:10 PM): failure to sustain above 2770 will take nifty fut down to 2730-2720 levels
balu subramaniam (27/01/2009 1:58:23 PM): ster flaring up nicely
balu subramaniam (27/01/2009 2:00:15 PM): nifty fut trading above 2770 will lead to 2810-2820 levels
balu subramaniam (27/01/2009 2:07:17 PM): we see a negative divergence in rsi so dont take fresh buy untill it moves above 2770
balu subramaniam (27/01/2009 2:09:00 PM): expect long profit booking at current levels.trade carefully in long positions.
balu subramaniam (27/01/2009 2:32:44 PM): nifty moving up
balu subramaniam (27/01/2009 2:33:08 PM): keep sl of 2770 and go long for 2810-2820
balu subramaniam (27/01/2009 2:34:27 PM): nifty fut minor hurdles at 2788
balu subramaniam (27/01/2009 2:41:48 PM): nifty fut stoloss triggered
balu subramaniam (27/01/2009 3:15:54 PM): keep stoploss of 2760-2750 for long in nifty
balu subramaniam (27/01/2009 3:19:17 PM): expecting target of 3000 and above in nifty in coming day or two