13th Dec 2012 - Morning update courtesy Dreamearn.com

Good morning!

We are hoping market will open flat to negative. We feel today market have to recover from lower level. Lower level will be 5838 to 5848.Remember might be very sharp recovery can come. We are expecting nifty have to reach to 5978-5974. This target will not come in one-day buy with SL and hold for target.

Nifty SL will be 5814 Target will be 5978/6000/6148/6324.We will buy from lower level we are expecting that nifty will give some more correction in next session. Best value buy will be 5850 or below.

Remember if 5814 not holds mean we are going to test again 5754- 5704. However this seen we are not able to see in very near future.

Bank Nifty we are hoping small correction can give around 100 point and after one smooth run will come for 12484.

We are hoping flat opening to negative, nifty range will post with opening hour.

Data front:-

Tomorrow, most of Global data will come very flat. That will bring help for market. However, market will not show much joy.

Currency Fronts:-

Indian Rupees will go to open strong. We are hoping that Indian Rupees will run strong, throw out of the day. We are sure about this that Rupees will run strong.

Oil Fronts:-

We do not feel that oil price have to spike. However, high oil price will not hold long. We are expecting correction in oil price or run in not visible.

Global Market View:-

Asian Market will run flat to negative.
Europe Market will run negative.
USA Future market will run negative.

New Fronts:-

ADR Price is showing that Tata Motor alone run 3.44%. JLR Number is expecting on 15 December, seem to us that number will good. Product is our buy call at all level.

Archies going to sell some stake in online business, this deal will come to place very soon. Target will be 34. This deal announcement can come 16 to 18 December 2012.

USA Federal Reserve pumping more money to economy, however they project high unemployment rate in next 3 year that is not good, two news in same time both impact will be different.

Zee Group again we are repeated warning to keep away from this group.

Germany backing paying next Greek Aid. This is good for market.

Rbi given hints for rate cut. That is very good news for market. This rumor will come tomorrow.

Value Picks:-

Triveni Engineering, we will buy for 32 in one year time. CMP is 19. 12/12/12

ITC buy for 324 within three month. 12/12/12

Whirlpool can buy for 304 within 2 results session.12/12/12

Natco pharma can buy for 514 within 2 results session.12/12/12

United Phosphors can buy for 144 within 2 month.12/12/12

Kirloskar oil engine can buy for 234 within 2 results session.12/12/12

Adani group if holds above 234 good for 318. This target can come within one month. 2/12/12
Fortis Healthcare: – Can buy for 144 within 6 month. We brought at 110. SL is 00 Target will be 144. 10/12/12

Archies are a best pick for festival season. We will buy below 26 for 31. 10/12/12

Market View:-

Tomorrow every sector will come in buy range from lower level. Nifty will going to take support near 5838. We will buy from 5850 (spot)
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Day Trade View:-

1) Nifty is buying call for 5954/5974. Sl will be 5814. Today our price will be 5850. This is positional trade.

2) Bank Nifty will be our buying call for 12484 SL will be 12164. Yes, we will trade on this; our buy will be 12200 nearby.

3) Vijaya Bank buy for 68 SL will be 57.40. This target will come next week or Friday.

4) GIC housing buy for 140 Target can come next week.

5) Crisil we book 50% today, we will buy tomorrow again at lower level.

6) Titan is our buy call SL will be 288 for 308 if passed 308 hold for 314.

7) JSW Energy 70 call will be our new entry Buy below 2.10 SL 1 and target 4. This correction is good time to buy such a stock for trading purpose.

8) Mcdowell is our buy call.

9) Nifty call 5900 will be buy call. If nifty is reach 5845. Buy nifty call 5900. SL will be spot price 5814.

Thank you very much for following and reading our post.

God bless us all.
Thanks and Regards.
Dream Team.
Best of luck everyone.
Ideas had taken from Mr.Chetan Singh,Mr. Jignesh Bhai, Mr.Kamboj,Neeraj,Nano Khan and John
By Nano Khan.