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Free Tips Of 9 -2 -2010

S.No

Company

Buy

Target

Stoploss

Remarks

AXISBANK

Above 1022

1050-1075

1010

Cash Intraday

SenSex

[Feb 08 ]

Nifty

[Feb 08 ]

15935.61 (19.96)

4760.40 (3.15)

Topic :- Time:1.00 PM

Nifty spot if manages to trade and sustain above 4800 then we can see some more upmove in the market and if Nifty spot breaks and trade below 4775 then some profit booking may follow. The market breadth is positive with advances at 734 against declines of 502 on the NSE. 

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Topic :- Time:-11:35 Am

Market View::

Now NIFTY Having Strong Support for Intraday at 4750(Spot) levels. If spot manages to trade and sustain above this level then we can see some upward movement till 4780-4805. Above 4805(Spot) we can see some short covering along with some fresh buying which can take nifty to further higher till 4840-4875-4910. Else if Nifty spot breaks and trade below 4750(Spot) then we can see some profit booking till 4730-4700 levels. Below 4700(Spot) we can see some fresh & panic selling pressure in market which can take nifty to further lower till 4675-4650-4620-4600 levels very soon.

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Topic :- Time:10.55 AM

News Wrap Up-
1. Jubilant delivers 58% returns on debut day
2. January car sales rise 32.3% y/y
3. GMR to raise Rs 1,500 cr from PE cos
4. Re pulls back from 7-week low
5. Oil falls under $72 a barrel
6. Jet gains on 26% rise in domestic traffic
7. Amul to be a Rs 10,000-cr brand next fiscal
8. FIIs net bought Rs 405 crore in F&O on Monday
9. Hathway Cable raises Rs 120 cr from 13 anchor investors
10. Subex promotors to buy 6m shares at Rs 80/sh, stock up 4%

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Topic :- Time:10.00 AM

Nifty spot if manages to trade and sustain above 4790-4800 then we can see some recovery and if Nifty spot breaks and trade below 4740 then some profit booking may follow.The market breadth is positive with advances at 686 against declines of 451 on the NSE. 

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Topic :- Opening Note

Nifty spot if manages to trade and sustain above 4780-4800 then we can see some recovery and if Nifty spot breaks and trade below 4740 then some profit booking may follow. 4690-4680 holds the key Support for Nifty. Book timely profit. 

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