Free Intraday Stock Tips

INTRADAY CALLS – 06/02/09 – VIJAY

NIFTY FUTURE AWAITS GLOBAL DEVELOPMENTS FOR DIRECTION

DISMAL WEEKLY JOBLESS CLAIMS AT 626000, MUCH HIGHER THAN THE

EXPECTATION OF 580000 AND CAUTIOUS FORECASTS FROM MANY

RETAILERS  BROUGHT DOWN DOW JONES TO THE LOW OF 7845, ATLEAST

111 POINTS FROM THE PREVIOUS CLOSE IN THE MORNING SESSION. THE

EXPECTATION OF A COMPREHENSIVE PLAN TO HELP THE FINANCIAL

SECTOR, TO BE UNVEILED ON MONDAY , THE MARKETS RECOVERED AND

DOW JONES HIT THE DAY`S HIGH OF 8107 AND CLOSED LITTLE LOWER

AT 8063 GAINING 106 POINTS ON BETTER VOLUMES.  ASIAN MARKETS

DERIVED SOME STRENGTH FROM WALL ST.`S CLOSE AND ARE TRADING

HIGHER AND NIKKEI IS UP BY 150 POINTS AT THIS TIME.

NIFTY FUTURE ON THURSDAY OPENED HIGHER  AND STARTED FALLING

FROM 2805 TO THE LOW OF 2731 AND RECOVERED TO CLOSE AT 2773

LOSING 2 POINTS FROM THE PREVIOUS CLOSE.

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

OUR STOCK CALLS WILL RESUME SHORTLY.

NIFTY FUTURE SUPP LEVELS 2718,2688 RESISTANCE LEVELS 2830,2870.

FALLING OPEN INTERESTS SHOW WANING INTEREST IN THE NIFTY

FUTURE BY MARKET PARTICIPANTS AND THE ACTIVITY HAS SHIFTED

TO OPTIONS. WITH NIFTY STAYING IN A NARROW RANGE FOR MANY

DAYS,  A BREAKOUT WITH MORE VOLUME ONLY CAN TAKE THE MARKET

FURTHER IN A PARTICULAR DIRECTION. AVOID LONG BELOW  2715 AND

AVOID SHORT ON A CLOSE ABOVE 2830.

Stock calls : 6-Feb-2009

NIFTY FUTURE 26 FEB SIGNALS

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	2780	2759	2800	2830	2865
Short Sell	2750	2775	2730	2710	2660

WIRE & WIRELESS

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	18	17.5	19.3	21.2
SELL BELOW	17.2	18	16.2	15

GESHIP

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	192	187	195	201
SELL BELOW	184	187	180	174

SESA GOA

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	93	90.5	94.3	96
SELL BELOW	89	90.3	87	84

MCDOWELL-N (UNITED SPIRITS)

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	573	563	582	600
SELL BELOW	560	564	550	530

NIFTY TECHNICAL CHART

———————————————-

Tags: day trading calls, Intraday, nifty signals, stock calls