Market today

Market today open with negative view lateron continue crack down due to selling pressure  and profit taking at higher levels ,hammering seen in some reality stock with banking stocks.
stocks like hero moto,bajaj auto ,dr.reddy and ranbaxy gains on selective buying ,looking for senerio market today watching euro moov on summit and take action ahead as global cue coming on ,
indian stock market looking get support around 5000 level may be more down trend due to profit taking by investor but ahead market looking inc`onsolidation phase and nifty can touch5400 in this sattlement .
Investor need to buy selctive stock and good fundamental blue chip at each downfall in market and hold for 2-3 month get good return.
Already i suggest before investor buy at level 4700 get good handsome return ,now my view positive on pharma ,oil and gas stocks.
Buy stock like gail,petronet,gspl ,biocon,cipla and ranbaxy for good return.

Market mood for today

Today 7th October 2011 market open after a holiday of dashera,cues from American market bullish from last two days Dow Jones and NASDAQ almost up 4% in two trading session  ,yesterday hangseng index up by nearly 1000 point showing a sharp up moov .
Indian stock market looking to open on higher note today sgx nifty showing up moov since last closing and trading around 4850 rise of 80 point from nifty close on last. market to open high around 4830 but looking resistance around it if it maintain this level for 1 hour short covering seen in market ,up moov expected in banking ,IT and metal stocks .Buy only selective stock with properly stop loss to avoid loss,
Buy INFY,SBIN  and VIP for bumper profit in intraday with stop loss.
Buy infosys around 2460-70 with stop loss of 2435 for target of 2540 .
Buy sbin around 1720-35 with stop loss of 1695 for target of 1770.
Buy vip around 860 with stop loss of 834 for target of 915.

OPTION TRADE ( JULY 2011 )

Market on new settlement open with a positive note and after that nifty down almost 80 points from its high before  closing at 5627.
Nifty is moving a small gap of 5600 -5700 ,market in range of 5400-5700 now shorts building up now from bears .
in future trade one can sell nifty around 5640 with a stop loss of 5665 for a tgt of 5580 and in option buy 5600 put around 76 with stop loss of 63for a tgt of 145 in two days.

stock picks for 21-10-09 wednesday

nifty get hurdle at upper level nd some profit taking taken place in market, market open with a positive and again try to cross 5200 so always try to book profit at upper level and wait for a sharp correction in market witch due , keep buying on adlabs, jubilent and kirolakar brother