Free Intraday Stock Tips

INTRADAY CALLS – 19/01/09 – VIJAY

OBAMA EFFECT  CAN BOOST SENTIMENTS, BUT NOT FUNDAMENTALS

DOW JONES ON FRIDAY OPENED POSITIVELY AND RALLIED TO THE HIGH OF 8341

FROM THE PREVIOUS CLOSE OF 8212 GAINING 129 POINTS AT DAY`S HIGH, BUT

WENT DOWN ON SELLING PRESSURES FROM THE FINANCIALS, AFTER BANK OF

AMERICA AND CITI GROUP REPORTED LOSSES MORE THAN THE EXPECTED LEVELS,

TO THE LOW OF 8109 LOSING 103 POINTS.  WITH NOT MUCH OF ECONOMIC DATA

MARKETS STAGED A `V` SHAPED RECOVERY IN THE AFTERNOON TO THE

MORNING HIGH AND CLOSED AT 8281 GAINING 68 POINTS. THE MARKETS GAIN

AHEAD OF OBAMA`S INAGURATION, BUT WILL TAKE A DECISIVE DIRECTION

ONLY AFTER THE OUTCOME OF QUARTERLY RESULTS.  NIKKEI IS UP BY

64 POINTS AT THIS TIME.

NIFTY FUTURE ON FRIDAY OPENED HIGHER AT 2740 AND NEVER LOOKED

BACK DURING THE DAY. IT RALLIED TO 2826 AND CLOSED AT 2816

GAINING 80 POINTS.

NIFTY FUTURE SUPP LEVELS 2726,2676 RESISTANCE LEVELS  2822,2902,2998.

NIFTY FUTURE REVERSED EXACTLY FROM OUR LEVEL OF 2676 ON THURSDAY.

AVOID SHORT ABOVE 2825 FOR THE DAY AS IT MAY RALLY TO THE LEVEL OF

2900 OR EVEN 3000. CLOSE BELOW 2800 MAY NEUTRALISE THE  MILD

BULLISHNESS AND  AVOID LONG BELOW 2725.  WE EXPECT NIFTY FUTURE TO

STAY POSITIVE ON MONDAY.

Tags: daily market report, day trading calls, intraday stock calls

Stock calls : 19-Jan-2009

NIFTY FUTURE 29 JAN SIGNALS

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	2822	2784	2843	2878	2938
Short Sell	2777	2798	2763	2704	2669

BHARTI AIRTEL

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY	Above 637	628	648	653

RELIANCE

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY BETWEEN	1210-1220	1194	1233	1240

NTPC

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	181	176	184	189
S.SELL BELOW	175	177	172	165

RCOM

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	184	181	187	192
S.SELL BELOW	180	182	177	172

EDUCOMP

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	2090	2040	2135	2200
S.SELL BELOW	2030	2055	1990	1900

RNRL

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	54	53.5	55	56.5
S.SELL BELOW	52.5	53.8	51	50

SAIL

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	79.5	77.5	81.5	84
S.SELL BELOW	77	78	75.5	71.5

INFOTECH ENTERPRISES LTD

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	93	89	98	104
S.SELL BELOW	88	90	84	75

Tags: day trading calls, Intraday, intraday stock calls