Archive for January 5th, 2009

INTRADAY CALLS – 05/01/09 – VIJAY



BAILOUTS AND STIMULUS KEEP THE MARKETS IN GREEN

DOW JONES OPENED THE  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 THE  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

VIJAY.CALLS@YAHOO.CO.IN

NOTE:  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.

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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

Disclaimer:

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