NJOYYYYYYYYY PROFITS.

VIVIMEDLAB NOW 340 ......NJOY PROFITS.

DELVERY CALL.

Buy VIVIMEDLAB @ 320 - 322 S/L 300 tgts - 360 - 399- 440 - do not miss hold up to 10th November !!

BUY BUY

Buy IVRCL 160 Ca @ 4-5 SL 3 ; T1- 7 T2- 8.8 T3-11

BUY IVRCL FUT @ CMP

BUY BUY

BUY BHARATHIAIRTEL Fut @ 332 S/L 324 ; T1- 337 ; T2- 343; T3- 366

BHARATHIAIRTEL 340 CA @8-9 SL 5 TARGET 13-17-24

2nd NOVEMBER NIFTY VIEW.

In yesterday's trading, Nifty Future saw gap open, followed by a sustained rise to make a high of 6172 and the day's low was 6091. The gains were led by Reliance and bank stocks - particularly ICICI BANK.

We have an important event (RBI meet) lined up for today, that could have impact on Bank stocks. Yesterday Bank Nifty has almost come to the previous level and is close to doing a double top. Expecting bank stocks to continue its sustained rise (post RBI announcements) from the current levels would be a little preposterous, hence the probaility of negative reaction to the policy announcements remains higher. Long positions in Bank Nifty should be trailed with stop loss of 12600.

As regards Nifty Future, considering sharp rise yesterday, it would be better to avoid fresh long positions today. On higher side 6185 would be a hurdle and hence the same too can be used as a stop loss.

One can consider going short when Nifty trades below 6130 level with 6160 as a stop loss. On the down side 6100 and 6065 will provide support.

All the best.