Archive for January 22nd, 2009

Stock calls : 22-Jan-2009



NIFTY FUTURE 29 JAN SIGNALS

Signal Signal Price Stop Loss Target-1 Target-2 Target-3
Buy 2730 2700 2750 2810 2860
Short Sell 2660 2716 2645 2605 2540

BPCL

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 394 387 399 406
S.SELL BELOW 385 391 383 377

GMR INFRA

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 76 75 78 81
S.SELL BELOW 73 75.5 71 68

ALLAHABAD BANK

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 54.5 53.5 55.5 60
S.SELL BELOW 52.5 54 51 49

NTPC

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 183 181 185 190
S.SELL BELOW 179 182 177 174

ITC

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 172 170.8 174 177
S.SELL BELOW 170 171.5 168 166

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Thursday, January 22nd, 2009 Intraday Calls No Comments

INTRADAY CALLS – 22/01/09 – VIJAY

NIFTY FUTURE  AT CRUCIAL LEVEL

THE OVERSOLD FINANCIAL STOCKS AND INSIDER BUYING IN SOME BANKS ALONG

WITH SHORT COVERING HELPED DOW JONES RECOVER ATLEAST TWO THIRDS OF

THE PREVIOUS DAY`S LOSSES. DOW OPENED HIGHER, FELL BRIEFLY TO 7936,

LOSING 16 POINTS WHEN HOUSING MARKET INDEX  FELL TO RECORD LOW OF 8

AND RECOVERED SMARTLY TO CLOSE NEAR THE DAY`S HIGH OF 8243 AT 8228

GAINING 279 POINTS. ASAIN MARKETS TRADE AROUND NEUTRAL LEVELS AND

NIKKEI IS DOWN BY 50 POINTS  AT THIS TIME.

NIFTY FUTURE YESTERDAY OPENED LOWER AT 2725, RECOVERED A LITTLE TO

THE DAY`S HIGH OF 2772 AND WAS TRADING IN A BAND AND DROPPED SHRPLY

IN TH EFINAL HOUR TO THE LOW OF 2668 AND CLOSED AT 2672 LOSING 105

POINTS.

OUR STOCK CALLS WILL RESUME SHORTLY

NIFTY FUTURE SUPPORT LEVELS  2676, 2565 RESISTANCE LEVELS 2780,2800

NIFTY FUTURE MAY OPEN POSITIVELY ON DOW`S RECOVERY. HOWEVER, NIFTY

FUTURE MAY STRUGGLE TO MOVE ABOVE  2780 LEVELS. AVOID LONG BELOW 2670

LEVELS. IF NIFTY FUTURE  TO CLOSE HIGHER MAY BRING IT DOWN TO FURTHER

LOW LEVELS. AVOID SHORT ABOVE 2780 FOR THE DAY.

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Thursday, January 22nd, 2009 Intraday Calls No Comments

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