Archive for May 12th, 2008
Intraday calls 12/05/08
NIFTY FUTURE ON 9.5.08 OPENED AT 5052, TOUCED THE DAY`S HIGH OF 5100 AND FELL TO THE DAYS LOW OF 4970 AND CLOSED AT 4974.
EQUITY
BPCL SUPP 371,366 RESIST 384,390 SELL AT HIGHER LEVEL
ZEEL BUY 217 SL 213 TGT 225
GDL BELOW 115 MAY TOUCH 110
HINDOILEXP SUPP 136,130 RESIST 148,155 BUY AT LOWER LEVEL
FUTURE
GMRINFRA BELOW 146 TGT 140. BUYAT LOWER LEVEL
IDFC BUY 166 SL163 TGT 177
CAIRN BUY 271 SL 269 TGT 283
RPL SUPP 176, 166 RESIST 193 SELL
WIPRO SUPP 489,480 RESIST 500,510 BUY AT LOWER LEVEL
HINDUNILVR BUY 245 SL 242 TGT 254
SATYAMCOMP SUPP 471,465RESIST 483 BUY AT LOWER LEVEL
NIFTY FUTURE SUPP 4910,4865 RESIST 5070,5120. WE MAY SEE A BOUNCE BACK IF CRUDE PRICE FALLS SIGNIFICANTLY. NIFTY WILL HAVE STRENGTH ONLY ON A CLOSE ABOVE 5125.
ALL TRADES SHOULD BE DONE WITH STRICT STOP LOSS.
NEVER CARRY A POSITION WITHOUT HEDGING HAVE A GOOD DAY. Replies At This ColoumN OR AT vijay.calls@yahoo.co.in.
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