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Tuesday, October 5, 2010

BUY JP ASSOCIATES 130 CA

BUY JP ASSOCIATES OCT 130 CA @ 6 TARGET 7.5 -8-9 SL 4.5

NEXT BLASTING CALL

MLL 47.5 TO 65

MOSARBEAR 64 TO 73

IFCI 60 TO 69


NOW ONE MORE BLASTING CALL


BUY MTNL Above 68 sl 63 target 78 - 88-98. (buy more every dip) 1 - 2 MONTH TIME FRAME.

5th October nifty view.

In today's trading, Nifty Future opened with a gap and made a high of 6248 in the first hour of trade but there after, remained weak through out the day to make a low of 6175 and closed at 6186. The EOD candle for Nifty Spot and Sensex represent a Shooting Star but not so in case of Nifty Future. The day's close does indicate weakness but considering the bullish strength shown for the past week, one needs to be cautious for short position - at least for tomorrow. I guess, we should have better clarity after tomorrow's trading.

For tomorrow, one can consider going short with stop loss of 6215. On the down side, it will find support at 6150 - 6100 and major support at 6065 (Trend Line shown on the EOD chart).

All the best.

Monday, October 4, 2010

IFCI

IFCI 65 CA 3 TO 6 within 2 sessions.

Hope you enjoyed the call.

BUY RCOM 170 CA

BUY RCOM 170 CA @ 9 SL 6.5 TARGET 1 - 12 TARGET 2 -15 TARGET 3 -20

BUY PRAJIND 80 CA

Buy PRAJIND 80 CA @ 2- 2.25 S/L 1.50 Trgt1- 4 . Trgt2 - 5

Sunday, October 3, 2010

4th OCTOBER NIFTY VIEW

The first day of the week and the quarter started with a bang - Nifty Future up 2% and closed at 6176, that is near the high of the week suggesting firm opening tomorrow.

On higher side 6200 could act as a resistance hence long position should be trailed with tight stop loss. In case market shows weakness, one can go short with stop loss of 6215. Alternatively, one can go short below 6130 with stop loss of 6175. On the down side, it will find support at 6100 - 6075 and 6025.

All the best.
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