April 26,2011

AMRESH TIWARI
TECHNICAL ANALYST & PORTFOLIO MANGER


As i predicted on April 21,2011 that target would hit 5925 and i almost achieved it at 5912.According to the market high on April 25,2011 was 5906 and this could be followed up on April 26,2011 too. And accordingly the 2nd target could be 5926.the stop loss could be hold till 5815 as it was predicted by me in previous market situations also.If the trader wants that market should be bullish or should have more positive waves then it has to probably close at 5925.






On April 25,2011 The markets closed flat and pressure primarily came from Reliance Industries.Better than expected quarterly results from Maruti Suzuki  also could not cheer up the markets. IT and consumer durables were the prime gainers of yesterday's trade and oil & gas and realty closed with significant loss. The Sensex closed at 19584, down 18 points from its previous close, and Nifty shut shop at 5874, down 10 points.


LT :- Buy L&T on current level Target @ 1765 with the stop loss of 1715.

APRIL 21,2011

AMRESH TIWARI

TECHNICAL ANALYST & PORTFOLIO MANAGER 

April 21,2011

As per my prediciton the market worked the same way i mentioned yesterday.Even i predicted the same on the live show which was held by me on April 20 on TV9 (GUJARATI). As i said Buy Nifty with the stop loss of 5700 and target 5816 which was closed by 5852.

It was spectacular day for the markets with both the benchmark indices making significant gains. Primarily, it was late rally in the banking stocks that took the markets substantially up, but IT and metal performed better throughout the day. Other gainers included auto and consumer durables. The Sensex closed at 19471, up 349 points from its previous close, and Nifty shut shop at 5851, up 111 points.

NIFTY :- As per my prediction for April 21 Nifty will be higher by 5925 and support level for nifty would be 5816 which was yesterday's  target by me.As per my suggestion you can hold nifty with a target of 5925 and trialling stop loss of 5816.

TATAMOTORS :- BUY TATAMOTORS @1251 TARGET 1275 SL 1240.

BF UTILITY :- BUY BF UTILITY @ 893 TARGET 912 STOP LOSS 875.

AMRESH  TIWARI - TECHNICAL ANALYST & PORTFOLIO MANAGER


April 20,2011

 The markets were quite volatile yesterday and both the benchmark indices closed with minor gains. In the last one hour, buying returned in financial counters and a few capital goods stocks and that made the indices move to the green. Stocks of oil marketing companies and telecom companies also played their role in the up-move. The Sensex closed at 19122, up 31 points from its previous close, and Nifty shut shop at 5741, up 12 points.


NIFTY :- Nifty bounce back yesterday,s low 5693.25 and close above its 200 DMA 5730. on above side Nifty 5816 and if close below 5700 we will move into bear market once aganain and can touch 5575.


LIC HOUSEING :-  BUY LICHOU @ 227 TARGET 234 STOP LOSS 221.


VIJAYA BANK :- BUY VIJYA BANK @ 90.50 TARGET 92 AND SECOND TARGET 94 STOP LOSS 88