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Thursday, September 9, 2010

BTST

BUY PATELENGG @ 401 TARGET 410-425-440 SL 395


SBIN INTRADAY BOOK HERE.

SBIN 2950 CA BOOK 100% @ 70 -75 Area.

50 to 70 = lot size 20 x 125 = 2500

Enjoy long weekend.

JCTELE UPPER FREEZZZZZZZZZZZZZZ

WATCH JCTELE UC (10% up after my call).....hold till targets.

For Small investors...DON'T MISS IT

BUY JCTELE @2.4 SL 1.9 TARGET 4-7-10 (1 MONTH TIME FRAME)


SBIN 2950 CA on FIREEEEEEEEEEEEEEE

SBIN 2950 CA NOW @ 60 ....1st TARGET HIT.

HALF BOOK HERE.

BUY SBIN 2950 CA

BUY SBIN 2950 CA @ 50 SL 30 TARGET 60-85-100

Its a risky call ....

9th SEPTEMBER NIFTY VIEW

Today view of weak Global cues, Nifty Future opened below yesterday's low and made the day's low at 5566 and then continued to move up to make a new high of 5624. In the second half, it gave up the gains but did not break the low made in the opening session and closed the day at 5597. It is typical of the current rally, where Nifty Future makes a new high but gives up the gains .

In view of the above, guidance for tomorrow remains the same as today, keep trailing stop loss at 5560 and avoid fresh buying at higher levels - if you can. It will be better to keep a watch on Reliance - if it moves above 973 it will provide good support to Nifty Future on the upside.

Short position may be taken below 5560 with stop loss of 5600. On the down side, it will find support at 5525 and 5500. Please note that for our market, tomorrow is the last trading day of the week in view of long weekend. Close above 5570 should be considered positive for the next week.

All the best

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