Incredible Inspirations

Nifty (4997): the crucial support for the Nifty is at 4990-4935 and resistance is at 5050-5100-5183. upside possible  5100-5180

Sensex (16811): The crucial support for the Sensex is 16764-16682 and the resistance is at 17016-17107-17198

It was a volatile week for our market that continued to be under pressure. Experts feel if there is a correction in the market it would be healthy. Next week is F&O expiry so expect some volatility and interest rates are unlikely to be changed. Earnings too have been in line with expectations, so by month end the market will get a clearer direction. This week's figures were: Sensex and Nifty both down almost 3%. BSE Midcap index was down 2.1%, BSE Smallcap index down 1.3% over the week. BSE Oil & Gas index was down 6.5%, BSE Consumer Goods index down 6%, BSE Realty index down 3.5%, BSE Metal index down 2.2%. BSE IT index was up 3.25% and BSE FMCG index up 1.25 3%.

we said ‘I would say all is not lost as long as 4987 holds and that’s just 13 points below the strong psychological mark 5000’ and that’s where the market has closed right on the dot and if the market manages to stay above it in the next trading session then I would say the trend is still intact up…will it’ well the market has managed to stay above 4987 and so I would say the trend is still intact UP 

Free Intraday Tips

GSPL ( Gujarat State Petronet Limited )
BUY ABOVE 89.5 sl-88 tgt1-91 tgt2-92.6 tgt3-94 tgt4-95
SELL BELOW 87.4 sl-88.5 tgt1-86.5 tgt2-85 tgt3-84 tgt4-82.50

KIRLOSOIL ( Kirloskar Oil Engines Ltd )
BUY ABOVE 141 sl-136 tgt1-145 tgt2-150 tgt3-155 tgt4-161
SELL BELOW 135 sl-137 tgt1-131 tgt2-126 tgt3-121 tgt4-117

GVKPIL ( Gvk Power & Infrastructure Limited )
BUY ABOVE 52 sl-51.5 tgt1-52.70 tgt2-53.4 tgt3-54.10 tgt4-55
SELL BELOW 51.1 sl-51.8 tgt1-50.4 tgt2-49.8 tgt3-49 tgt4-48.20

BAJAJHIND ( Bajaj Hindustan Ltd )
BUY ABOVE 234 sl-230 tgt1-237 tgt2-243 tgt3-250 tgt4-255
SELL BELOW 228 sl-231 tgt1-224 tgt2-220 tgt3-217 tgt4-212

DRREDDY ( Dr. Reddys Laboratories )
BUY ABOVE 963 sl-943 tgt1-977 tgt2-991 tgt3-1005 tgt5-1025
SELL BELOW 940 sl-948 tgt1-929 tgt2-910 tgt3-896 tgt4-888

IDFC ( Infrastructure Development Finance Company Ltd )
BUY ABOVE 161.6 sl-159.5 tgt1-162.5 tgt2-164.5 tgt3-166 tgt4-169
SELL BELOW 158.5 sl-161 tgt1-157 tgt2-155 tgt3-153 tgt4-150