Archive for January 5th, 2009
INTRADAY CALLS – 05/01/09 – VIJAY
BAILOUTS AND STIMULUS KEEP THE MARKETS IN GREEN
DOW JONES OPENED THEÂ THE FIRST DAY OF THE YEAR 2009 ON POSITIVE NOTE WITH
STRONG GAINS. DOW FELL BELOW THE PREVIOUS LEVEL IMMEDIATELY AFTER OPENING
ON FRIDAY FOR A BRIEF PERIOD TO THE LOW OF 8760, LOSING JUST 16 POINTS AND
STEADILY RECOVERED THROUGH OUT THE DAY TO THE HIGH OF 9065 AND MANAGED
TO CLOSE ABOVE 9000 AT 9034 WITH A NET GAIN OF 258 POINTS IN THE YEAR 2009.
THOUGH THE EXPECTED SECOND STIMULUS AND AUTO MAJOR BAILOUT KEPT ALL THE
SECTORS IN GREEN, THE FLOW OF ECONOMIC NEWS CONTINUE TO BE BAD
AND VOLUMES CONTINUE TO BE BELOW AVERAGE AROUND YEAR ENDAND HENCE
DOES NOT SEEM TO INSTILL CONFIDENCE. NOT A BAD BEGINNING FOR A YEAR
WHICH IS GOING TO BE MOST UNCERTAIN. NIKKEI OPENS AFTER HOLIDAY`S ON
POSITIVE NOTE AND HAS GAINED 168 POINTS AS OF NOW.
NIFTY FUTURE ON FRIDAY OPENED HIGHER AT 3060 , FELL TO 3023 TWICE AND
RECOVERED TO THEÂ HIGH OF 3092 AND CLOSED AT 3063 GAINING 18 POINTS.
DO NOT AVOID SL AND HEDGING IS THE ONLY WAY TO SUSTAIN THE VOLATILE
MARKET.HAVE A PROFITABLE DAY. REPLIES AT THIS COLUMN OR AT
NOTE:Â SURE SHOT CALLS ARE GIVEN BY DSTREETDIRECT UNTIL WE START OUR CALLS
NIFTY FUTURE SUPP LEVELS 3005, 2963,2900 RESISTANCE LEVEL 3135, 3275,
NIFTY FUTURE MAY OPEN HIGHER ON INTEREST CUTS AND SECOND STIMULUS
AND WITH LOT OF UNCERTAINITIES AHEAD WE DO NOT SEE RUNAWAY GAINS.
AVOID SHORT IF THE MARKET STAYS ABOVE 3140. WITH ALL THE RELIEF
MEASURES IN PLACE AND NO FURTHER ANNOUNCEMENTS ARE EXPECTED
BEFORE THE ELECTION, ONLY THE THIRD QUARTER RESULTS WILL
INFLUENCE THE MARKET DIRECTION IN THE SHORT TERM. ONCE AGAIN
WE ADVISE BOOKING PROFITS AT HIGHER LEVEL.
stock calls : 5-Jan-2009
Tips for NIFTY Future (29-Jan)
| Signal | Signal Price | Stop Loss | Target-1 | Target-2 | Target-3 |
| Buy | 3072 | 3049 | 3082 | 3117 | 3151 |
| Short Sell | 3038 | 3064 | 3028 | 2995 | 2959 |
Intraday Stock Calls
RIIL (Reliance Industrial Infrastructure Ltd)
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 403 | 398 | 415 | 433 |
| S.SELL BELOW | 395 | 400 | 384 | 367 |
DLF
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 302 | 300 | 308 | 317 |
| S.SELL BELOW | 298 | 301 | 293 | 285 |
Punj Lloyd
| Action | Trigger Price | Stop Loss | Target-1 | Target-2 |
| BUY ABOVE | 160 | 158 | 162 | 167 |
| S.SELL BELOW | 157 | 158.7 | 154.5 | 151 |
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