Free Intraday Stock Tips

INTRADAY CALLS – 09/02/09 – VIJAY

MARKETS MAY SEE A POSITIVE DAY

IT WAS AGAIN  A DAY WHEN INVESTORS IGNORED THE DISMAL ECONOMIC

DATA AND LOOKED AHEAD TO THE PACKAGE TO CLEANSE THE BANKS OF

TOXIC ASSETS, TO BE UNVEILED ON MONDAY. DOW JONES ON FRIDAY

OPENED FLAT AND RALLIED FROM A LOW OF 8052 TO  END THE DAY AT

8280 GAINING 217 POINTS. DOW POSTED A HIGH OF 8312 AND CLOSED

LITTLE LOWER FROM THERE. MOUNTING JOB LOSSES WERE OVERLOOKED

AND STIMULUS PACKAGE  II PROVIDED THE MUCH NEEDED BOOST TO THE

MARKETS. FOR RECORDS, 599000 NON FARM JOBS WERE LOST IN JANUARY

AND THE UNEMPLOYMENT NOW OFFICIALLY STANDS AT 7.6%.  ASIAN

MARKETS ARE FIRM AND NIKKEI LOST SOME OF ITS GAINS AND IS NOW

UP BY 118 POINTS.

NIFTY FUTURE ON FRIDAY  OPENED HIGHER AT 2796 AND RALLIED TO

THE HIGH OF 2842 AND CLOSED AT 2834 GAINING  61 POINTS.

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 2772,2718  RESISTANCE LEVELS 2869,2902

NIFTY FUTURE MAY OPEN HIGHER  AND MAY FIND SOME RESISTANCE

AROUND 2900 LEVELS AND A CLOSE ABOVE 2915 MAY TAKE IT PAST

3000 LEVELS. AVOID LONG BELOW 2770. DWINDLING VOLUMES

ADDS TO THE UNCERTAINITY ABOUT THE RALLY IN THE MARKET.

Stock calls : 9-Feb-2009

NIFTY FUTURE 26 FEB SIGNALS

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	2835	2810	2845	2870	2894
Short Sell	2800	2825	2780	2770	2750

DLF 150 CALL

Action	Trigger Price	Stop Loss	Target-1	Target-2	Target-2
BUY AROUND	7 to 9	5	21	33	50
REMARKS	Positional Future

MCDOWELL-N (UNITED SPIRITS)

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	620	600	630	645
SELL BELOW	595	605	585	565

ORBITCORP

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	59	55	65	79
SELL BELOW	53	54	43	32

SAIL

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	89	85	92	95
SELL BELOW	85	86	83.2	78

STERLITE IND

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	268	261	275	288
SELL BELOW	255	260	245	232

ANSAL PROP AND INFRASTRUCTURE

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	28.5	27	30	34
SELL BELOW	25	27	23.5	21

NIFTY TECHNICAL CHART

———————————————-

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