Category: sensex

Currentopics.com

Market Guru

nitin gupta

Full Name : Nitin Gupta

Designation: Managing Director

Company Name: Gupta Consultancy Services

Experience in stock market : 9 years

Company Profile : Portfolio management Services


Today’s Call :

Nifty Closed With Small gains

Nifty has finally closed on Wednesday at 4680 levels. As predicted by us 4700 was acting as a major hurdle for nifty and it was unable to cross these levels throughout the day. A lot of buying was seeing in the midcap It stocks and the infrastructure stocks. Aban offshore surged by 27 percent in a single day and this stock was recommended by methree days back at the levels of 1175. I hope all of you have minted money in this stock.  Our call of Tata Motors have also surged by 20 rs in a single session

Buy Essar Oil

Essar_Oil_300

Essar Oil is consolidating between Rs 130 and Rs 145.One can see a  lot of buying spree around Rs 130 levels. So the risk is just of 10% but we can expect something like 25-30% on the higher side because the stock is holding around Rs 130 levels and the next target if it goes from here then between Rs 170-190. The stock is an excellent buy at these levels.I would advice all of to take long positions at this levels for a target of 186.

Buy Suzlon Energy

suzlon

Suzlon energy is looking very strong technically on charts. It has finally managed to close above 93 levels which was acting as a major hurdle. A lot of long position has been taken in the Future And Option segment in the september series. Now 98 and 102 levels will act as a major hurdle for this stock . I would advice all of you to take long positions for a price target of 104.

Buy Hcl Technologies

HCL_Logo_200

HCL Tech’s US$-revenue grew 7.6%, margin was up 82bps and profit up 52% sequentially. Pricing strength and IMS growth were surprising. The BPO business turned around from the negative to positive growth zone so I maintain a target multiple of 15x average FY11e earnings of Rs25, thus raising our target price to Rs 375

Levels for Nifty

level of nifty

Nifty will face a mojor hurdle at 4700 and 4731 and the support levels are 4650 and 4600. Expect  a very volatile session on Thursday with a positive bias.

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Disclaimer : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.

Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.

Currentopics.com

Market Guru

nitin gupta

Full Name : Nitin Gupta

Designation: Managing Director

Company Name: Gupta Consultancy Services

Experience in stock market : 9 years

Company Profile : Portfolio management Services 

Today’s Call

 

Nifty Uptrend Continues

 Nifty has continued its uptrend on Tuesday. As recommended by me all the madcap it stocks have ralled on Tuesday . I expect the same trend to contue till Friday afternoon.

        

Buy Tata Motors

tata-motors-logo

Tata Motors is making higher tops and higher bottoms and today it broke the resistance of Rs 477 with very good volumes so I think the stock can come in the range of Rs 532-540 in the near future and one can keep a stop loss of Rs 465 in Tata Motors. I would advice all of you to take long positions at 490 for a target of 520.

                                                         

Buy Balrampur chini

Balrampur_Chini

 Balrampur Chini is a fully integrated sugar manufacturing unit with a crushing capacity of 73500TCD, distillery capacity of 320 KLPD, and a power generation capacity of 179.85 MW. The present uptrend in the sugar prices and its integration provide a strong visibility in the earnings. As the company is out of the capex cycle, going ahead, the debt equity ratio of the company is set to improve. With a strong revenue visibility and an improvement in the balance sheet, we recommend ‘Buy’ on the stock with a target price of Rs.168

 

 Technical Call

 satyam

Buy Satyam: Satyam has given a two month old trend line. It has broken a two month old trend line so Satyam can come in the range of Rs 122-125 in near future.I would advise to stay long on this stock for a target of 130 plus with a stoploss of 102.

 

Buy Essar oil:

Essar_Oil_300

 Essar oil has given a breakout  above 140 rs . It is looking strong on the charts .I would advise all of you to stay long for a intraday target of 145 to 150.

 

Levels for Nifty

level of nifty

Nifty may give a positive opening on Wednesday. I expect the nifty cross 4700 in the first hour of trade. Major hurdles are 4700 and 4731.

Join us at Yahoo Messenger. For FREE LIVE Intraday calls

Yahoo ID : nitingupta555@yahoo.co.in

We started our new SMS services so we can send Live and Free  Intraday calls Directly to your mobile.For subscription SMS “JOIN ct_stock” to 567678 .NOW you can also follow us on twitter too

follow @ct_stock twitter

NO ONE WILL GIVE YOU ALL SERVICES AT ONE PLACE & IT’S  FREE OF COST

Call Nitin Gupta @ 09867427824

Email Us if you have any  Stock related problems :  Stocktips@currentopics.com

Disclaimer : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.

Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.

Currentopics.com

Market Guru

Nitin Gupta

Full Name : Nitin Gupta

Designation: Managing Director

Company Name: Gupta Consultancy Services

Experience in stock market: 9 years

Company Profile: Portfolio Management Services

Today’s Call


Sharp Upmove By Nifty

Nifty has made a sharp up move on Monday before expiry which was predicted in our morning edition. There is a possibility that nifty may retest its previous high of 4731 in couple of days. Right from the morning on Monday there was huge buying in all the secetorial indices round the board especially in the banking sector and the madcap it stocks. I expect the same trend to continue till 27th of August.

All Of our calls ROCKED !!!

I had given a call of  Mphasis in our Monday edition which has made a sharp upmove of 9 percent in Mondays trade. Rolta has moved up 8 rs and Aban Offshore ends the day trade by making a smart move of 50 points. I am still holding on Aban for a price target of 1320.

Technical Call

1222518069505_reliance-industries-logo_t

Buy Reliance Industries above 2000:   Each time Reliance gets to about Rs 1900; it finds a lot of support. It will probably need to take 2,100 out and that would happen on some news flow or court judgment etc and once that is taken out you will straightaway see levels of 2,350 or 2,400, but for the moment its kind of rangebound between 1,900-2,100. I would advise all of to stay long for a price target of 2350 in September series.

seimens

Buy Siemens: The stock has made a sharp upmove on Monday by making a smart gain of 15 rs and had closed above 485. I would advise u all to make a long position in the stock for a price target of 502 on Tuesday.

ashok_leyland-logo-E3FEA1346B-seeklogo.comtata-motors-logo

Buy Ashok Leyland and Tata motors : Passenger autos’ have had their run, now the CV’s are beginning to catch up, Tata Motors Ashok Leyland both had decent corrections. Above Rs 35, Ashok Leyland can easily get upto Rs 44 and Tata Motors back to Rs 520. The laggards are going to catch up and the monsoon really gave a good opportunity in autos.

NTPC logo

Buy Ntpc: Ntpc is looking hot fiery above 205. I would recommend you all to take the 210 strike price call of September series between 7 to 8 rs for a price target of 13 rs. In equities one can take a long position for a target of 216.

Levels for Nifty

level of nifty


Nifty may give a flat opening on Wednesday with some profit booking in the early trade. The support levels are 4580 and 4600 and the rsistance levels are 4650 and 4731.

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Nitin Gupta @ 09867427824

Email Us if you have any  Stock related problems :  Stocktips@currentopics.com

Disclaimer : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.

Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information.

Currentopics.com

Market Guru

Nitin Gupta

Full Name : Nitin Gupta

Designation: Managing Director

Company Name: Gupta Consultancy Services

Experience in stock market: 9 years

Company Profile: Portfolio Management Services

Today’s Call

Nifty May rally before expiry

Nifty has surprsised everyone by making a sharp up move on Friday. It was not easy for the nifty to cross the 4500 levels but it did. I expect the nifty to move towards 4650 before expiry. I would advise all the clents to take positons in mid cap it stocks.

Buy HCL TECH

HCL_Logo_200

HCL Tech has been running away for a while and making new bull market highs as well. So it’s on an excellent run, this continuation of move. It did not correct with the market either that is a sign of very strong demand, so at the moment nothing holding it back at all. Probably going to be a short-term trade anyway because of the momentum and people holding it longer should hold on to it. HCL Tech after some sort of correction is now beginning to move out again. It has got support around Rs 250 and next target here could be Rs 310-315.

Buy Mphasis

Mphasis new logo

Mphasis reported an impressive quarter showing topline & bottomline growth of 42% & 128% respectively. In spite of Re. appreciation, the company reported a growth owing to mainly volume increase. HP – EDS still remains a large part of overall business, showing a contribution this quarter of 10-12%. The stock has been rallying right upto the quarterly numbers and if you see the entire midcap IT move, this stock has been the market leader and maybe there is just slackening and a little bit of money moving away from MphasiS to some of the other midcap IT stocks. But if there is one company which can go from a midcap tier two level to a tier one player in the next 2-3 years is Mphasis and therefore you have that twin advantage of the PE multiple also getting re-rated goes to tier one and the earnings per share also outperforming the industry purely on account of its ownership structure. So this is not a company which one exits in the short term or even tries to trade, its more of a company which you would like to keep as a part of your core portfolio and try and acquire at every decline. I would adice all of you to buy it for a price target of 680 in short term.

Technical Call

Real Estate stocks are making bases particularly the midcap kind of realty stocks. Indiabulls Real has support now at Rs 235. It could easily be headed to targets of about Rs 285 to Rs 290.

Buy Aban Offshore today at 1175 for a price target of 1240 plus by keeping a stoploss of 1150.

Levels for Nifty

level of nifty

Nifty may see a gap up opening on Monday. It may face a major hurdle at 4550 and 4580 and the support levels are 4500 and 4450.

Live and Free Intraday calls Directly to your mobile.For subscription SMS “JOIN ct_stock” to 567678 .

Follow us on twitter too follow @ct_stock twitter
NO ONE WILL GIVE YOU ALL SERVICES AT ONE PLACE & IT’S  FREE OF COST

Nitin Gupta @ 09867427824

Email Us if you have any  Stock related problems :  Stocktips@currentopics.com

Disclaimer : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.

Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the informatio

Current Topics


Nitin Gupta
Market Guru

Full Name : Nitin Gupta

Designation: Managing Director

Company Name: Gupta Consultancy Services

Experience in stock market: 9 years

 Company Profile: Portfolio Management Services

Today’s Call

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