Technical Outlook and F&O markets in the New Year

Topic: Technical Outlook and F&O markets in the New Year
Expert: IIFL Research Desk Analysts
Date: January 05,2011 , 11:15 - 12:15 hrs
<< Prev | Next >>
IIFL Research Desk Analysts : Good Morning and welcome everyone !
msenthik : sir what about punjlloyd?and 3 months target?
IIFL Research Desk Analysts :Punj Lloyd has gather momentum which could take the stock to Rs121. We remain bullish on the stock
pranvi : sir, one of our client bought nfity 6200 pe 120 can he hold or sell the position
IIFL Research Desk Analysts :He should hold as banking stocks are looking weak. Which may drag nifty further
raj : which is goog stock for intraday
IIFL Research Desk Analysts :Shorting Opto circuit
Ashwin : Which is the best sector to invest at this time.Looking for medium term
IIFL Research Desk Analysts :Buy Banks if they correct by further 5-10% .
sandeepnzb : i bought unitech future at 67 shall i hold or sell
IIFL Research Desk Analysts :Trade with a Sloss of 65.90
SHYAM : i had bought nifty fut. 6142.what are the possibilities of it
IIFL Research Desk Analysts :exit or trade with a Sloss of 6110.Nifty spot can go down upto 6070
RAVIB990 : Good Morning, Can you tell me the prospectus of OIL INDIA and CAIRN INDIA in this year and at the same time how will be the OIL and GAS sector.
IIFL Research Desk Analysts :Oil and Gas sector is likely to do well with crude touching year high. However, we reomm an avoid on PSU companies due to concern over FPO pricing. Cairn and Reliance would be our preffered back
sandeepnzb : what next nifty future level
IIFL Research Desk Analysts :Nifty is likely to witness some amount of correction to the levels of 5,900 in the near term. However, the long term tr in the market continues to remain positive with Nifty channeling through smartly and there could be another attempt to test the channel support at 5,898.
PRMARASU : where do u see nifty heading in near term ? to 5900 or to 6350 above
IIFL Research Desk Analysts :Nifty is likely to witness some amount of correction to the levels of 5,900 in the near term. However, the long term tr in the market continues to remain positive with Nifty channeling through smartly and there could be another attempt to test the channel support at 5,898.
blessonje : how you find niit ltd .? Is there any chance it will reutun to 70 range in near future?
IIFL Research Desk Analysts :If it goes aboe Rs59, then it could attempt Rs65 in the medium term.
pranvi : sir u have given message to buy infosys 3400 pe can we buy now at present
IIFL Research Desk Analysts :Yes. We continue to remain negative on Infosys.
SARAL786 : sir.. very good mrng.... i have query on nifty and icici bank...... for this month
IIFL Research Desk Analysts :Nifty: It is likely to witness some amount of correction to the levels of 5,900 in the near term. However, the long term tr in the market continues to remain positive with Nifty channeling through smartly and there could be another attempt to test the channel support at 5,898. ICICI Bank: Looking weak on the charts. Short-term support seen at Rs1005.
PRMARASU : i hv purchased 5700 jan put at 9.5. what do u suggest
IIFL Research Desk Analysts :Hold it for a target of around 20 with a Stop loss of 3.
ADI28169 : holding jan 1200call TCS at 21.60 and bank nifty call 12000 at 123 shd i hold on
IIFL Research Desk Analysts :For TCS if 1130 is broken exit call and 11300 for bank nifty.
vijayveers : nifty? 2 month view
IIFL Research Desk Analysts :Nifty is bullishly poised,though in short term the range might be 5950-6200,and then it can be 6000-6400.
PREMRIYA : tell me the future of REC
IIFL Research Desk Analysts :If suport of Rs275 is broken, then it could collapse till Rs258.
SARAL786 : what is the best strategy on FNO side till budget ???? stock or nifty ???
IIFL Research Desk Analysts :A Long Strangle:-Buy Nifty Feb 5900 PE and Nifty Feb 6300CE for a total of around 150,Target 250, Stop loss at 100.
D.Vinoth : what is the Intraday target for sintex? Will Nifty turn positive today? Please answer my question.
IIFL Research Desk Analysts :Nifty today: A pattern resembling to ‘upside gap two crows’ is appearing on candlestick chart which exhibit weakness and close below 6,115 levels could aggravate selling pressure in the markets in the near term. Sintex: Target around Rs189
sunilth7 : HPCL 200 share 500 rs. wht can i do?
IIFL Research Desk Analysts :Stock has strong support at Rs375 from where we can expect sharp bounce back till Rs428. But with crude price trading near 90, the medium term tr remains negative.Hold with stoploss of Rs375
Debashree : nse nifty will hit 7000 level this year??
IIFL Research Desk Analysts :6700 most likely, 7000 would far stretched.
soni1810 : sir how is looking tatasteel?
IIFL Research Desk Analysts :It is facing resistance around Rs700. Short-term tr is negative.
ROSHAAGA : gud mrng sir.. i hv a question on moil, i have its 66 shares at d rate of 550.. what to do??
IIFL Research Desk Analysts :Exit. Shift to Coal India.
a.venugopa : i have query on dena bank i have bought on 115 so what is the target for 2 months
IIFL Research Desk Analysts :Above Rs119, it could touch Rs132 in the medium term.
sreekumar : would you tell us the tr of RKDL share?
IIFL Research Desk Analysts :As stock is recently listed, we do not have any view on the stock.
<< Prev | Next >>


Previous Chats of IIFL Research Desk Analysts

next Technical & Derivative market outlook
next February 21,2011,11:00-12:00
next Fundamental Outlook of the Markets
next December 21,2010,11:00-12:00
next Derivative Outlook for November Expiry
next November 23,2010,11:00-12:00
next Fundamental Outlook for the markets
next October 29,2010,11:00-12:00
next Markets in October
next October 01,2010,15:45-16:30



IIFL Blogs

R. Venkataraman
A recent article in The Economist elucidates the “Benefits of Momentum Investing”. Momentum Investing typically refers to the style of investing where the investor or the trader catches the momentu...