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Tuesday, January 5, 2010

Indian Stock Market - What To Expect On 6th January?


The show continues. Enjoyed upper freeze in Ashapura for the 4th straight day?
I dont know the reason, but somehow the stocks I recommend here goes up by 5% to 20% in the coming sessions. I always say, its an open challenge to all stock/nifty traders, if you want to make money just bookmark this website. If your only goal is to make money, you dont need to visit any other site, you dont need to watch the TV channel JOKERS. Our readers and followers have already made big bucks in the stocks recommended. Stock market is nothing but snatching money from uninformed traders. So be informed before someone else snatch your money. Want more explosive FREEZING stocks?? Join StockManiacs as a subscriber and enjoy the magic.

Mahindra Satyam Ltd. (CMP Rs. 106.05): Mahindra Satyam (NYSE: SAY) is a leading global business consulting and IT services company. Leveraging deep industry & functional expertise, leading technology practices, and an advanced, global delivery model, they enable companies to unlock their business potential. Their development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 companies.

They are part of the $6.3 billion Mahindra Group, a global industrial conglomerate and one of the top 10 industrial firms based in India. The Group’s interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development. Till abobe 100 the stock can target 118-120 in the coming sessions.


Dhampur Sugar (CMP Rs. 145.55): For more than a decade Dhampur Sugar Mills Limited has been expanding in new directions. Adding value to a single powerful agricultural resource through cogeneration, fuel ethanol and chemicals.

Dhampur is one of the most integrated sugarcane processing companies in India with a sugar crushing capacity of 39500 TCD and combined refining capacity of 2000 TPD, during season as well as off-season, cogeneration capacity of 145 MW and a distillery capacity of 270 KLPD. Their diversification has served to expand the portfolio beyond those of most traditional sugarcane product companies. It has also formed the basis for the next generation of value additions to Dhampur – their green energy initiatives including renewable power and ethanol fuel. Till above 137 the stock can target 170-185 in the coming sessions.


This was just an example, delivery stock ideas may reach much faster to clients through Yahoo Messenger or SMS. We started very low cost Delivery Stocks service from 4th of January. Only 2-10 sessions blasting delivery based stocks with entry and exit calls will be updated through Yahoo Messenger/SMS in live market hours. Introductory price is Rs. 12000 per annum (add Rs. 1000 extra if you want SMS facility). Sorry no trial. Biggest trial is the blasting stocks updated everyday in this site.

We launched very cheap Newsletter (NL) service for stocks/nifty as well as for commodities. For more details see Introducing The Cheapest Service On Earth For Stock / Nifty / Commodity Traders or visit the Premium Services page. For paid trials see the Premium Services page.

Index Recap: Yesterday written above 5256-5262 Nifty future is headed to 5277/5300. Just check Nifty future made a low of 5263 and zoomed till 5295 very close to my final target of 5300. In Bank Nifty written we will blessed by 70-80 points rally today as yesterday it crossed 9120. Bank Nifty future made high of 9206, 86 points up 9120. My subscribers were long since 9076 level on Monday, could you catch the rally or watched as usual from the sidelines.

Now, what to expect tomorrow in indices? Just keep an eye on 5295-5260, decisive cross above 5295 will take to 5308/5325. Strong supports exist at 5262 level. Decisive break will take it to 5246/5234. Till 5190 level is intact now, all dips can be used as buying opportunity.

Bank Nifty future strong support esists at 9108/8990 level. Till these levels are intact one can utilise dips to buy for target of 9350 in coming sessions. But if breaks 8878 with volume, then?? If reaches 9350 level in the coming sessions, then?? More live update only to the Nifty pack subscribers

Nifty future important levels for Wednesday, 6th January:
R3 5326 R2 5310 R1 5294 PP 5278 S1 5262 S2 5246 S3 5230
Bank Nifty future important levels for Wednesday, 6th January:
R3 9284 R2 9245 R1 9209 PP 9170 S1 9133 S2 9095 S3 9058

To trade like true professionals, to get all updates in market hours, join us live in Stock or Nifty/Bank Nifty Future trading in my live trading room. Also there are cheaper services like Newsletter or Delivery Stocks. See the Premium Services page for more details.

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StockManiacs Trading Kit - Mechanical Trading With Amibroker

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