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Intraday calls 09/06/08

AS SAID IN OUR COLUMN ON 6.6.08 NIFTY OPENED AT 4708, NEAR THE DAY`S HIGH OF 4710, SLUMPED TO THE DAYS LOW 4591 AND CLOSED AT 4614.

EQUITY
BPCL SUPP 297,290,282 RESIST 309 BUY AT LOWER LEVEL
HCLTECH SUPP 307,295 RESIST 318 BUY AT LOWER LEVEL
ZEEL SUPP 217,210 RESIST 229
GDL SUPP 95,90 RESIST 102 BUY AT LOWER LEVEL
HINDOILEXP SUPP 125,122 RESIST 136 BUY AT LOWER LEVEL SL 120

FUTURE
GMRINFRA SUPP 117,110 RESIST 127
IDFC SUPP 125,116 RESIST 134 BUY AT LOWER LEVEL
INDIACEM SUPP 158,152 RESIST 169 BUY AT LOWER LEVEL
HCC SUPP 120,112 RESIST 129 BUY AT LOWER LEVEL
INDIANB BELOW 107 TGT 101
RPL SUPP 164,154 RESIST 172,177 BUY AT LOWER LEVEL
WIPRO SUPP 477 RESIST 518 SELL AT HIGHER LEVEL
SATYAMCOMP SUPP 502,484 RESIST 523 BUY AT LOWER LEVEL
(ONLY BUY CALLS ARE GIVEN FOR TRADING PURPOSE AS WE EXPECT NIFTY TO OPEN LOWER ON CRUDE SPIKE AND U.S. UNEMPLOYMENT DATA.BUY WITH STRICT STOP LOSS BELOW THE SUPP LEVELS. NIFTY MAY BE VOLATILE TODAY. IF NOT COMFORTABLE AVOID TRADING.)

NIFTY FUTURE SUPP 4574,4530,4477 RESIST 4690,4725. WE EXPECT NIFTY TO TAKE SHORT TERM SUPP AT 4400 LEVELS, A BREACH OF WHICH MAY TAKE NIFTY TO 4200 LEVELS IN THE COMING DAYS. WE SHALL ADVISE WHEN NIFTY BOTTOMS OUT.

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.