BTST..POSITIONAL

BUY GSPL @ 122 SL 119 TARGET 126 -130 -145

BUY IBREAL

BUY BUY IBREAL 206 SL 199 TARGET 215- 225

BUY IBREAL 200 CA @11 SL 7 TARGET 18 -25

BUY BUY...BTST

BUY NIFTY 6200 CE @ 25-30 SL 15 TARGET 40-60-88-100

BUY ICICIBANK

BUY ICICIBANK 1140 CA @ 25 TARGET 35-45-55-90

BUY ICICIBANK FUT @ 1125 TARGET 1155-70-1200

DON'T MISS ... BTST

BUY TATASTEEL

BUY TATASTEEL 660 CA @ 11 TARGET 15-20 (1-2 DAYS ) SL 7.8

BUY TATASTEEL FUT 646 SL 639 TARGET 657 -666

BUY BUY TVS MOTOR.

BUY TVS MOTORS @73.5 SL 65 TARGET 85-95 ( 1 MONTH )

DON'T MISS IT ... BUY BIG VOLUME.

YESTARDAY CALLS ALERT.

BHARATHIAIRTEL 340 CA MADE HIGH 7.35

PATNI 458 TO 468 ..10/- PROFIT.....MORE TO COME

19th OCTOBER NIFTY VIEW.

In the early trades, Nifty Future opened weak and maintained downward bias and made a low at 6008 during the 1st hour and after consolidating at the lower levels it gave a sharp up move during the second half of the day to make the days high of 6136 and closed at 6122 - near the high of the day. Notable feature of today's down move was that it managed to fill the gap which it had left on 1st Oct. and 6000 level provided good support.

There is no doubt that the up move was sharp, but I will continue to treat this as a pull back unless it is able to cross 6240 tomorrow - it is advisable to tread with caution.

On the higher side, it will find resistance at 6165, 6200 and major resistance at 6240. I would continue to advise going short at higher levels at around 6200 with stop loss of 6240. Please avoid going short at lower levels.

Fresh long position may be created (that is if you have to) above 6130 with stop loss of 6100. As indicated above 6165 - 6200 and 6240 will act as resistance levels.

All the best.