Archive for January 21st, 2009

Stock calls : 21-Jan-2009



NIFTY FUTURE 29 JAN SIGNALS

Signal Signal Price Stop Loss Target-1 Target-2 Target-3
Buy 2782 2760 2791 2814 2845
Short Sell 2753 2774 2751 2720 2698

EDUCOMP FUTURE

Action
Target Price
Stop Loss Target-1 Target-2 Target-3
Buy 1820 1730 2050 2210 2360
REMARKS
Positional

RELIANCE INFRA

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 555 543 570 595
S.SELL BELOW 538 546 525 495

SATYAM

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 27 25.7 28.5 30
S.SELL BELOW 25 26 24 22

DR REDDY

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 470 463 475 484
S.SELL BELOW 460 464 455 442

POWER GRID

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 88 83.5 92 97
S.SELL BELOW 83 84.5 79 70

HIND PETRO

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 296 291 300 304
S.SELL BELOW 289 292 286 277

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Wednesday, January 21st, 2009 Intraday Calls No Comments

INTRADAY CALLS – 21/01/09 – VIJAY

FINANCIALS PULL DOWN GLOBAL MARKETS

IT WAS JUST A COINCIDENCE AS OBAMA ROSE TO TAKE OATH, DOW WAS ALREADY

FALLING FROM THE PREVIOUS CLOSE, REMINDING HIM THE TOUGHEST JOB ON

HIS HANDS, THAT CANNOT BE WISHED AWAY.  IT WAS DAY WHEN GLOBAL BANKS

SANK  ON THE INCREASING LOSSES ON TROUBLED ASSETS, PULLED DOWN THE DOW

ALONG WITH THEM, FROM THE HIGH OF 8291 TO BELOW 8000 TO THE LOW OF 7939

AND CLOSED NEAR LOSING 332 POINTS ON BETTER VOLUMES. WITH THIS LOW THE

CHANCES  OF DOW MAKING IT TO THE NEW YEARLY LOW IS BRIGHT. ASIAN MARKETS

OPENED LOWER AND NIKKEI IS  DOWN BY 181 POINTS.

NIFTY FUTURE ON TUESDAY OPENED LOWER AT 2780, WITH DAY`S HIGH AT 2790

FELL TO THE LOW OF 2736 AND RECOVERED TO CLOSE AT 2777 LOSING 56 POINTS.

NIFTY FUTURE SUPPORT LEVELS 2726,2676 RESISTANCE LEVELS 2800, 2869.

IT MAY AGAIN BE A DAY OF LOWER OPENING. WE ADVISED NO LONG BELOW

2800 AND YOU CAN SEE FURTHER LOWS TODAY. BELOW 2670, NIFTY FUTURE

MAY FALL FURTHER. HENCE AVOID LONG BELOW THAT LEVEL FOR THE DAY.

AVOID SHORT IF NIFTY CLOSES ABOVE 2800.  AS WE HAVE BEEN SAYING THE

OUT LOOK FOR THE NIFTY FUTURE IS WEAK AND WE MAY SEE NEW LOWS

IN THE COMING DAYS IT IT BREAKS BELOW 2600.

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Wednesday, January 21st, 2009 Intraday Calls No Comments

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