Market pulse stock advisory has published News press release before noon during live stock exchange trading session in which commenting on our own premarket Nifty analysis going forward added "Nifty closed at very weak level on technical graph and has closed at 4943.6 but is very close to its important trading resistance level for intraday of 4948 which will be acting pivot point for Nifty tomorrow. Staying above 4948 Nifty may bounce back 5012.8 to 5037.8 while staying below 4948 may take Nifty to 4897.8 to 4873.1 level. Market has already attained downside targets by opening low, Now it is possible to bounce back to level of 4948 if Nifty spot can stay above 4900 today" This was published at 11:36 am when Nifty spot was around 4875 level and market was looking very nervous, Nifty fallen back to retest day's low which was made at opening hours (fallen down to 4845 level) and then very smart Nifty recovery was seen in share bazaar with Nifty spot went on to made an intraday high of 4918.35 but stayed away from 4948 due to nervous sentiments in market coupled with big India market News which came from rating agency with a downgrade in Bse Sensex target to 14000 which spoiled market sentiments and Nifty spot could not hold above 4900 level and once again fallen back below 4900 Nifty cash managed to finally close at 4866.7
Some key highlights of our trading calls performances were:
OIL INDIA trading analysis report for BUY intraday call on 9-Dec-11
OIL INDIA - Bse code - 533106 - last close - 1176.3 - BUY - 1152.8 - SL - 1136.6 - for TG1 Rs. 1201.3 and for TG2 Rs. 1219.3 - stock opened at Rs. 1161 hit intraday high Rs. 1192 hit intraday low Rs. 1161 stock was during trading up 1.3 % from previous close and closed at Rs 1185.6
HERO HONDA trading analysis report for BUY intraday call on 9-Dec-11
HERO HONDA - Bse code - 500182 - last close - 2054.1 - BUY - 2040.5 - SL - 1999.6 - for TG1 Rs. 2072.3 and for TG2 Rs. 2109.4 - stock opened at Rs. 2040 hit intraday high Rs. 2059.9 hit intraday low Rs. 2011.5 stock was during trading up 0.2 % from previous close and closed at Rs 2033.1
PUNJAB NATIO trading analysis report for BUY intraday call on 9-Dec-11
PUNJAB NATIO - Bse code - 532461 - last close - 930.1 - BUY - 912.6 - SL - 898.9 - for TG1 Rs. 940.9 and for TG2 Rs. 987.9 - stock opened at Rs. 915 hit intraday high Rs. 942.9 hit intraday low Rs. 901.7 stock closed up by Rs. 13.3 from our recommended price , and closed at Rs. 926 and also achieved TG1
TCS LTD. trading analysis report for BUY intraday call on 9-Dec-11
TCS LTD. - Bse code - 532540 - last close - 1177.3 - BUY - 1169.4 - SL - 1143.3 - for TG1 Rs. 1186.7 and for TG2 Rs. 1198.7 - stock opened at Rs. 1170.9 hit intraday high Rs. 1182.9 hit intraday low Rs. 1161.2 stock closed up by Rs. 2.2 from our recommended price , and closed at Rs. 1171.7