(My Original Blog Post: -*http://www.onlineequitycalls.com/2008/12/asia-as-engine-of-growthwhere-are-the-consumers/)

Indian Exporters lay-off 65,000 employees
Despite the administrations pleas there have been lay-offs..expect this to accelerate.

There are so many articles on global growth depending on Asia; so I went looking for corroborating evidence...it turns out that the "engine of growth" is sputtering. China GDP growth will halve and still represent 80% of global GDP growth in 2009. However, there is nothing to suggest that Asia is suddenly going to become a monothic group of consumers.

On the contrary, the news is dreary. Here is a potpourri of news articles/blogs on China in the past few days; the titles are descriptive enough:

China joins U.S., Japan with shrinking oil demand

Negative Q4 2008 GDP in China

IMF sees Chinese growth halved as downturn spreads

Chinese Electrical Output Fell 9.6% in November

China To Print Money To Combat Deep Slowdown

As China economy brakes, oil demand goes in reverse

China Data sparks Deflation worries

China's exports fall for first time in seven years

Global Trade is shrinking fast

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/intraday-tips-and-market-outlook-for-16th-dec-from-indianmoneypluscom/)
Source - IndianMoneyplus.Com US markets were trading choppy yesterday.

Europe ended flat. Asia has opened marginally lower.

I expect Indian markets to open lower.

Banking and Infra stocks can see a rally today.

The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324

Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113

Day Trading Ideas

Bajaj Auto

Buy Above 249.17 for targets of 253.2 and 256.62

Sell below 246.10 for targets of 245.83 and 241.72

Asian Paints

Buy Above 862 for targets of 870 and 877

Sell below 852 for targets of 846 and 835

DLF

Buy Above 284 for targets of 288 and 293

Sell below 280 for targets of 274 and 270

Two More tips on www.IndianMoneyPlus.Com

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/market-review-for-16th-december-2008/)
BSE Sensex: (9832) the market managed to inch towards the psychological 10000 mark and felt shy and has closed positive for the day and in the process generated an indecisive bar …technically the trend is still intact up but the market is expected to be volatile and profit near the 10000 mark is not ruled out.

The support for the Sensex is 9750 and the resistance to the up move is at 10000-10324

Nifty: (2981) the support for the Nifty is at 2920 and the resistance to the up move is at 3113


Source : PrakashGaba

(My Original Blog Post: -*http://www.onlineequitycalls.com/2008/12/attarctive-valuable-stocks-nandan-exim-celestial-labs-pochiraju-ind/)

ATTARCTIVE VALUABLE STOCKS NANDAN  EXIM, CELESTIAL LABS & POCHIRAJU IND.

 

MARKET IS STABILIZING WILL TOUCH NIFTY 3,200 TO 3,600 AND SENSEX 10,000 TO 10,900 SOON BEFORE END OF THIS MONTH.

 

MID & SMALL CAP RALLY WILL CONTINUE; SO BUY SOME GOOD FUNDAMENTAL AND ATRACTIVE VALUABLE STOCKS LIKE:

 

 1) POCHIRAJU INDUSTRIES AT 10.5/- EPS 4/- PE ONLY 2.5. ITS BIO PHARMA COMPANY RUNNING GOOD. RISK IS VERY VERY LESS.TARGET 15/- . MUMBAI OPERATORS ARE ENTERING IN THIS STOCK.

 

2) CELESTIAL LABS AT 19/- EPS 10/- PE ONLY 1.6. ITS PHARMA AND BIO-INFO SERVICES; STOCK IS AVIALBLE IS VERY VERY CHEEP RATE. ITS DIVIDEND PAYING COMPANY. TARGET 35/-.  MUMBAI OPERATORS ARE ENTERING IN THIS STOCK.

 

3) NANDAN EXIM AT 1.2/- ; SOME BIG MUMABI OPERATORS ARE ENTERING IN THIS STOCK. BUY AS SOON AS POSSIBLE; YOU WILL GET MINIMUM 50% TO 100%  RETURNS WITHIN 10 DAYS TO 15DAYS TIME.YEARLY LOW 0.85/- HIGH 9.65/- TARGET 2/-

 

Last week I have advised IFCI at 15.85/- Now IFCI is 24/-. 50% appreciation within one week time.

If you miss that opportunity buy above 3 stocks.

 

Same thing happening in above 3 stocks also for this week.

 

FORWARD THIS TO YOUR GROUPS AND FRIENDS ALSO; IT’S RISK FREE FOR INVESTMENTS.

 

REGARDS

BIG BULLS

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/avoid-big-ticket-exposure-for-now-bhambwani/)
Technical Analyst, Vijay Bhambwani:

The markets behaved along expectations put forth yesterday for a weekend session. The 2905 bullish pivot did not hold and laid the tone for a weak session. The benchmark indices closed with minor changes, even as the technology sector continued to be the nemesis of the bulls. The traded volumes were lower as compared to the previous session, which is a routine weekend phenomena. The market breadth was positive as the BSE & NSE combined advance decline ratio was 2366 : 1233. The capitalisation of the breadth on a commensurate basis was also positive as the figures were Rs 11935 Crs : Rs 3662 Crs.

The indices have closed in the upper half the intraday band which shows buying on declines by short sellers. The same is corroborated by the oriental charts which indicate a "tonbo" formation that indicates a resistance by the bulls to let go of positions. The intraday band of 2975 / 2860 levels advocated for Friday was violated on the downsides as the index made a long "shadow" on the Japanese charts.

The coming session is likely to witness a range of 3000 on advances and 2825 on declines. The bullish pivot will be at the 2885 above which the Nifty spot must remain if the bulls are to dominate the session. Conversely, a consistent trade below the 2860 levels, expect a weak outlook.

The market internals indicate a lower turnover as the participation levels fell due to the weekend factor. The number of trades decreased and the average ticket size was lower, indicating a weak buying bias. The capitalisation of the market was higher in line with an optimistic session.

The outlook for the markets today is that of caution as the bulls need to witness a closing above the 2950 - 2975 levels to see a sustained upmove. Ignore big ticket exposure for now.

Disclosure: The analyst has no exposure to any scrip/s recommended above.

Source : MoneyControl

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/expect-sideways-movements-vasudeo/)
Technical Analyst, Hitendra Vasudeo: Last week, the Sensex opened at 9276.89, attained a low during the week at 9095.70 and moved up to form a weekly high at 9746.01 before it closed the week at 9690.07 and thereby showed a net rise of 724 points on a week-to-week basis. The candle movement was also positive.

Weekly support will be at 9510, 9275, 9095 and 8965 levels and weekly resistance will be at 9925, 10575 and 10945 level.

The weekly candlestick movement was positive, which could take the price up to test the resistance of 9925-10575.

Another round of strong weekly movement is desired and a further follow-up rise is required. One-off weekly positive movement does not help apart from generating intra-day moves.

Broadly, we could categorize the market as a sideways market with volatility in a wider band of 10945-8316.

One major corrective cycle leg gets completed of the fall from 21206 to 8316.

New up-move in the form of a pull-back rise from 21206 to 8316 will begin. If the Sensex rallies past to cross 10945, then the near term bottom is made and the rally will be of the fall from 21206 to 8316. The pullback levels are placed at 13238-14757-16276. We can expect at least 13238 if the above wave could get confirmed with a hurdle around 11000 mark. For this wave count to remain in existence, the Sensex must not violate 8316.

Conclusion

Weekly rise towards pull-back levels could be seen but sustainability is an issue.

Strategy for the week

Investors with stuck-up long positions can look for opportunities to exit wherever possible and try to generate cash at higher levels. Traders can get to trade stock wise movements on both sides as the market could develop one day up and down the next day pattern.

Source : MoneyControl

(My Original Blog Post: -*http://www.onlineequitycalls.com/2008/12/free-nifty-future-tips-15-12-08/)

[caption id="attachment_5509" align="alignnone" width="300" caption="Nifty Future Chart"][/caption]

ABOVE 2910 TARGET 2990-3030-3113

BELOW 2910 TARGET 2880-2845-2803

-Always Remember, put SL in your every trade.

Rupesh Yatesh Dalal

MARKETCALLS