Archive for February, 2009

Stock calls : 27-Feb-2009



Markets opened weak yesterday and remained choppy till late afternoon. However, markets bounced back during the closing hours amid short covering in index heavy weight stocks pushing the Sensex into positive territory. As per reports, rollover of Nifty positions from February 2009 series to March 2009 series stood at 67% while market wide rollover of positions was 61%. Finally, the Sensex, which plunged to a low of 8788 in morning trade, closed at 8954 with a marginal gain of 52 points, the Nifty closed at 2785, well off a low of 2731, gaining 23 points or 0.84%.

Strong support for Nifty Future exists at 2723, which if breached decisively, it may slide to 2685/2670.

SATYAM

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE
45.90 43 50 54
REMARKS SHORT TERM DELIVERY (2-3 Days)



NTPC

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 187 182 189 190
SELL BELOW 182.5 184 181 178

CAIRN INDIA

Action Trigger Price Stop Loss Target 1 Target 2
BUY ABOVE 164 162 165 167
SELL BELOW 161 162 160 157

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Friday, February 27th, 2009 Intraday Calls, Short Term Delivery No Comments

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Friday, February 27th, 2009 Business & Economy No Comments

Stock calls : 26-Feb-2009

NASDAQ UPDATE: U S stocks fell yesterday as investors were hit by a report showing yet more deterioration in the housing market, while uncertainty about Washington’s plans to shore up the banking system persisted.

Strong support for Nifty Future exists at 2730.25, which if breached decisively, it may slide to 2710/2685.

NIFTY FUTURE 26 FEB SIGNALS

Signal Signal Price Stop Loss Target-1 Target-2 Target-3
Buy 2775 2750 2780 2790 2810
Short Sell 2732 2755 2720 2710 2685

NIFTY FUT

Action Trigger Price Stop Loss Target-1 Target-2
SELL NEAR 2740 2765 2700
2690
REMARKS CASH INTRADAY



SATYAM

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 46 44.4 47 48
SELL BELOW 44 45 43 40.8

SPICE TELE

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 80 77 84 90
SELL BELOW 76 79 74 69

CAIRN INDIA

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 164 160 166 167
SELL BELOW 157 161 156 152

RELINFRA

Action Trigger Price Stop Loss Target-1 Target-2
BUY ABOVE 511 506 518 526
SELL BELOW 500 510 495 486

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Thursday, February 26th, 2009 Intraday Calls No Comments

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