Tuesday, 16 September

3:30 PM - If Educomp breaks the support of Rs 3320-3300, it could go down to Rs 3180-3150-3120, says Anuj Dixit, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 3456, up 1.4% on the BSE.

3:25 PM - Apollo Hospital has a target price of Rs 600 in six quarters, says Vijay Bhambwani, technical analyst, on CNBC TV18. The stock has resistance at Rs 575 and support at Rs 440-445, he adds. It is currently trading at Rs 450, down 6.12% on the BSE.

3:23 PM - Hold on to Nifty long with stop loss of 3950 and target of 4150-4200, says E Mathew, technical analyst, on CNBC-TV18, as closing market strategy.

3:21 PM - Hold on to Nifty long with stop loss of 4000 and target of 4200, buy SBI for medium term with a stop loss of Rs 1400 and target of Rs 1700, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy.

3:15 PM - Airtel is in a downward trend and it could go down to Rs 712, says Manoj Sachdeva, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 748, he adds. It is currently trading at Rs 770, up 0.60% on the BSE.

3:10 PM - Sesa Goa is showing weakness and it could go down to Rs 107-105, says Anuj Dixit, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 120, down 7.23% on the BSE.

3:06 PM - US Federal government unlikely to cut interest rates, says Trevor Williams of Llyods TSB, on CNBC TV18. The central bank is running out of money to save firms and the Fed is doing its job of providing liquidity in the market, he adds. The Fed's next move may be to hike interest rates by next year, he says.

3:01 PM - The market makes a sharp recovery and is it at the day's high. Sensex is trading at 13496, down 34 points and Nifty is at 4070, down 2 points from the previous close. CNX Midcap index is down 0.99% and BSE Smallcap index is down 1.84%. The market breadth is negative with advances at 309 against declines of 955 on the NSE.

2:56 PM - Aban Offshore has bagged orders worth Rs 3150 crore for five years, reports CNBC TV18. The stock is currently trading at Rs 2355, up 2.01% on the BSE.

2:51 PM - PNB is in a downward trend and it could go down to Rs 453, says Manoj Sachdeva, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 496, he adds. It is currently trading at Rs 501, up 2.76% on the BSE.

2:45 PM - NIIT has a target price of Rs 107 for the long term, says Harit Shah of Angel Broking, on CNBC TV18. It is currently trading at Rs 72, down 2.77% on the BSE.

2:42 PM - NIIT is in a downward trend and it could go down to Rs 96, says Manoj Sachdeva, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 108, he adds. It is currently trading at Rs 72, down 2.77% on the BSE.

2:35 PM - Punj Llyod has resistance at Rs 310 where one can exit the stock, says Tejas Nanda, technical analyst, on CNBC Awaaz. The stock has resistance at Rs 292 after which one can make a fresh investment in the stock for the long term, he adds. Maintain a stop loss of Rs 275, he adds. It is currently trading at Rs 275, down 0.84% on the BSE.

2:29 PM - Axis Bank has a target of Rs 800, says Tejas Nanda, technical analyst, on CNBC Awaaz. The stock has resistance at Rs 685-700-710 and one should maintain a stop loss of Rs 640, he adds. It is currently trading at Rs 661, down 2.84% on the BSE.

2:21 PM - Suzlon is in a downward trend and it could go down to Rs 192, says Manoj Sachdeva, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 207, he adds. It is currently trading at Rs 202, down 4.41% on the BSE.

2:11 PM - Everonn Systems has resistance at Rs 410-412 and target at Rs 440-460, says Tejas Nanda, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 390, he adds. It is currently trading at Rs 395, down 2.84% on the BSE.

2:02 PM - The market continues to trade weak. Sensex is trading at 13254, down 229 points and Nifty is at 4007, down 65 points from the previous close. CNX Midcap index is down 2.29% and BSE Smallcap index is down 2.65%. The market breadth is negative with advances at 180 against declines of 1074 on the NSE.

1:58 PM - GHCL has major resistance at Rs 80-85, says Simi Bhaumik, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 44 for the long-term investor, he adds. It is currently trading at Rs 61, up 6.24% on the BSE.

1:49 PM - Manali Petro is looking weak and it has resistance at Rs 12 where one can exit the stock, says Simi Bhaumik, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 10, down 0.69% on the BSE.

1:41 PM - SCI plans to buy 40 new ships and to invest $5 billion over the next three years, says S Hajara, CMD of the company, on NDTV Profit. The company has cash of $ half a billion, he adds. The stock is currently trading at Rs 179, down 3.09% on the BSE.

1:32 PM - MRPL has resistance at Rs 60 and only once it crosses that there will be fresh momentum, says Simi Bhaumik, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 45 for the long term investor, he adds. It is currently trading at Rs 54, up 1.96% on the BSE.

1:26 PM - Long-term investors should be adding to Asia if there is a violent sell-off, says Chris Wood of CLSA Greed & Fear, reports CNBC-TV18. Asia may have operating leverage, but it does not have the financial leverage, which is the fundamental cause of the crisis in the West, he says.

1:18 PM - If Nifty closes above 4000 then there will be a positive signal, says Simi Bhaumik, technical analyst, on Zee Business. After bad global cues, the market has seen a massive correction and it is showing some recovery now, she feels. The important level to watch is 4000-4100 on Nifty, she adds.

1:09 PM - The Asian markets have seen deep cuts and the European markets have opened on a nervous note. The Indian market is being supported by financials and is faring better. Sensex is trading at 13262, down 268 points and Nifty is at 4006, down 66 points from the previous close. CNX Midcap index is down 1.93% and BSE Smallcap index is down 2.57%. The market breadth is negative with advances at 168 against declines of 1074 on the NSE.

12:58 PM - Indian inflation may not come down to single digits before next year, says Ashish Agarwal, Asia Local Market Strategist, Merril Lynch, on CNBC-TV18. Both the GDP and inflation would trend in-line with estimates, he adds. Money supply still remains high and itÿs too early to expect the RBI or Reserve Bank of India to react in the same way as China's Central Bank, he says. The market is moving into a phase of risk aversion and capital outflows, he says.

12:50 PM - Karvy Stock Broking recommends an 'underperformer' rating on Hexaware Technologies with a target of Rs 35, reports CNBC Awaaz. The stock is currently trading at Rs 39.30, down 6.8% on the BSE.

12:43 PM - Punjab Tractor will face resistance at Rs 190-195, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. It has support at Rs 155, he adds. The stock is currently trading at Rs 164, down 3.1% on the BSE.

12:35 PM - Lower oil prices and possibility of lower inflation are positive factors for India, says Vallabh Bhansali of Enam, on CNBC-TV18. The government may slow down on reforms, given the local and global factors, he says. But long-term investors won't be swayed much by the weak currency, he says. Real estate prices will remain under pressure for some time, he adds.

12:27 PM - There is a great deal of uncertainty in the financial markets now, says Claudio Piron of JP Morgan, on CNBC-TV18. Global market expects a rate cut from Fed in todayÿs meeting, but one cannot be sure whether this would help the markets, he says. However, he feels the Fed may not cut rates but may only address liquidity. He sees signs of the world moving towards the risks of recession.

12:20 PM - Cairn India can be a good by at lower levels for the long term, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 197.15, down 3.9% on the BSE.

12:11 PM - Sterlite Industries can be a good buy between Rs 475-450 with minimum 1 year view, says Sandeep Shenoy of PINC Research, on CNBC Awaaz. The stock is currently trading at Rs 449.35, down 3.4% on the BSE.

12:03 PM - Sensex is at 13,207, down 323 points from the previous close. Nifty is at 3978, down 94 points. CNX Midcap index is down 2.6%, and BSE Smallcap index, down 3.2%. All BSE sectoral indices are trading lower, with that for realty beaten up the most. Market breadth is extremely weak with advances against declines on the NSE.

11:57 AM - RPL can be a good buy at Rs 130 for the long term, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 142.90, down 2.4% on the BSE.

11:50 AM - As long as Sesa Goa stays above Rs 108, one can continue to hold it, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. On the upside, once it decisively crosses Rs 145, one can say the worst for the stock is over, he adds. It is currently trading at Rs 120, down 7.2% on the BSE.

11:40 AM - If Future Capital falls below Rs 330, then exit the stock as it will take a lot of time to recover again, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. It is currently trading at Rs 335.05, down 4.5% on the BSE.

11:31 AM - If one has a short term view on NTPC, then sell the stock close to Rs 182, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Otherwise continue to hold it for 1.5-2 years, he suggests. It is currently trading at Rs 165.45, down 2.7% on the BSE.

11:23 AM - RNRL has support at Rs 72 and will face resistance at Rs 96, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Sell the stock on rallies, he suggests. It is currently trading at Rs 77, down 5% on the BSE.

11:14 AM - The rupee is intrinsically weak and may test new lows, says Shankar Sharma, VC & Joint MD, First Global, on CNBC-TV18. This could add to the capital outflow concerns, he says. Also gains from crude oil price decline will be offset by the rupee, he says.

11:06 AM - The market is still down on negative global cues. Sensex is at 13,169, down 362 points from the previous close. Nifty is at 3960, down 112 points. CNX Midcap index is down 2.7% and BSE Smallcap index, down 2.8%. Market breadth is extremely weak, with just 89 advances against 1,105 declines on the BSE.

11:01 AM - The suspense over US is over, and it might go into reccesion now, says Vallabh Bhansali of ENAM, on CNBC-TV18. The situation is very tricky and investors should remain calm, he suggests. Fundamentals in the Indian market are intact, but sentiments are damanged, he says.

10:54 AM - There isn't much valuation headroom in the capital goods space, says Shankar Sharma, VC & Joint MD, First Global, on CNBC-TV18. But oil marketing companies could deliver positive returns and autos look good too, he adds.

10:46 AM - If the market today closes higher than yesterday, then one may be able to say that a short term rally is possible, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. On the upside, the Nifty will face resistance at 4200, he adds.

10:37 AM - The bull market in India will not come back in a hurry, says Shankar Sharma, VC & Joint MD, First Global, on CNBC-TV18. He does not see the Sensex re-conquering old highs in another 2-3 years. Infact, thre is moderate downside and the Sensex could fall to 10,000-11,000, he says.

10:29 AM - LME prices can fall further going ahead, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. Hindalco now has support at Rs 90 and Sterlite Industries at Rs 415, he says. Hindalco is currently at Rs 112.60 and Sterlite is at Rs 451, on the BSE.

10:22 AM - It is best to avoid a stock like Reliance Infrastructure for now, says Salil Sharma, techncial analyst, on CNBC Awaaz. It is currently trading at Rs 806.10, down 3.9% on the BSE.

10:14 AM - If Maruti Suzuki holds Rs 666, and the market stabilises a bit, then one may see the stock move higher, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. It can perform against the market, he adds. The stock is currently trading at Rs 705, down 2.5% on the BSE.

10:04 AM - The Nifty would not be able to hold on to the 3800 levels, says Sudarshan Sukhani, technical analyst, on CNBC-TV18. Investors should stay away from the markets irrespective of whatever news comes in for now, he suggests. They should preserve their capital, as the market is in a downtrend, he adds.

9:57 AM - The market has opened lower on Tuesday and is falling fast. Sensex is at 13,112, down 419 points from the previous close. Nifty opened below 4000 and is now at 3920, down 152 points.

9:54 AM - If Unitech closes below Rs 135, then one may see a lot more weakness in the counter, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is at Rs 143.50 on the BSE.

9:49 AM - The market will see a gap down opening today, so one may not even get an opportunity to sell, says Hitendra Vasudeoo, technical analyst, on CNBC Awaaz. For buying, wait for the Sensex to fall to 12,88-12,500 levels and then selectively buy index based stocks, he suggests.

9:42 AM - Satyam has an important support at Rs 352; as long as this holds, one can expect a bounce in this counter, says Salil Sharma, technical analyst, on CNBC Awaaz. So keep a stoploss of Rs 349 here, he suggests. The stock is at Rs 368.15 on the BSE.

9:34 AM - The Nifty may take support at 3955 today, says Salil Sharma, technical analyst, on CNBC Awaaz. But if this is broken, then the next levels to watch for would be 3850 and 3790, he adds.