Thursday, February 7, 2008

Intraday calls for feb 7 2007

BUY GAIL target 450 to 460 with strict stoploss at 42310:02 AM

Markets moved down yesterday and moved up from near the support zone of 5200 levels again, to cover more than half the losses of the day, however the sentiments remained negative making the markets jittery and to end lower again,,,,,,,,,,, expect the same to continue even today range bound between 5200-5480 for the time being,,,,,,,,,,,,,,,,10:02 AM

support comes in at 5298-5254-5200 and resistance comes in at 5360-5398-542010:02 AM

Buy essar shipping,RNRL for the day with tight stop loss, Hold longs in nifty > Use much awaited Feb rally to exit


watch out for airdeccan broken pivotal resistance level of 203 ,,,,,,,,,,,,,,,,,, likely target of 220 in 2-3 days 10:31 AM
Market Analysis - If nifty is going to sustain above 5500 Levels for 4-5 Days then Next Target is 5800 & 6000...Dont get panic by seening the pull downs...Range bound trading expected till then...No Panic as of now
BALCHI (BALRAMPUR CHINNI) CMP 93.1 Target 96.5 and 98 StopLoss 91.1 10:52 AM

Intraday Call Buy Nifty Future at 5292 SL 5259 Target 534410:56 AM
Intraday Call Buy RNRL at 167 SL 164 Target 173




Future UY INDHOT (INDIAN HOTEL) FEB FUTURES CMP 144.1 Target 149 and 152 StopLoss 141.1 11:14 AM
Future UY BIOCON FEB FUTURES CMP 416 Target 430 and 434 StopLoss 409.1 11:15 AM
Buy Tatasteel @ 810 Sl : 798 Tgt : 830-840 Time : 2-3 Days 11:15 AM

Walchandnagar Industries Ltd has informed that March 03, 2008 has been fixed as the Record Date for the purpose of the Sub-division of Equity Share of face value Rs 10/- each into 5 Equity Shares of Rs 2/- each and issue of One to One (1:1) Bonus Equity Shares

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