Free Intraday Stock Tips

INTRADAY CALLS – 19/02/09 – VIJAY

MARKETS RANGE BOUND WITH A WEAK BIAS

DOW JONES OPENED FLAT AND FELL TO THE DAY`S   LOW OF 7479 LOSING  73

POINTS FROM THE PREVIOUS CLOSE. THE PLAN TO STEM HOME LOAN

FORECLOSURES AND INCREASED FUNDING TO FANNIE AND FREDDIE TO

EASE THE LIQUIDITY IN THE MORTGAGE MARKET HELPED DOW JONES TO

THE HIGH OF 7617, A GAIN OF 65 POINTS. BUT, HIGH LEVELS WERE NOT

SUSTAINABLE AND DOW JONES LOST THE DAY`S GAINS AND CLOSED AT

7555  NETTING A GAIN OF JUST 3 POINTS.  EARLIER, THE HOUSING

STARTS FOR JANUARY FELL TO THE LOWEST LEVEL FOR MANY DECADES

AT 466000 AGAINST THE EXPECTATION OF 530000. INDUSTRIAL PRODUCTION

WAS ALSO BELOW EXPECTAION WITH A DECLINE OF 1.8 PERCENT. ASIA OPENED

BETTER AND NIKKEI WAS STRONG ON DOLLAR STRENGTH, BUT FAILED TO HOLD THE

GAINS AND IS JUST 11 POINTS HIGHER FROM THE PREVIOUS CLOSE AT THIS TIME.

NIFTY FUTURE OPENED LOWER AT 2730,  BUT RECOVERED TO THE HIGH OF 2800

AND CLOSED AT 2767  GAINING 6 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 2718,2688 RESISTANCE LEVELS  2805,2900

AS EXPECTED NIFTY FUTURE  WAS RANGE BOUND   YESTERDAY  AND MAY

AGAIN FIND RESISTANCE TODAY AROUND 2800. AVOID SHORT IF IT

TRADES ABOVE 2815.

Stock calls : 19-Feb-2009

NIFTY FUTURE 26 FEB SIGNALS

Signal	Signal Price	Stop Loss	Target-1	Target-2	Target-3
Buy	2820	2790	2880	2970	3050
Short Sell	2740	2805	2690	2620	2520

DLF

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	160	156	167	169
REMARKS	INTRADAY

HDIL

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	80	78	81.5	84
SELL BELOW	77	78.5	76	73

RELIANCE INFRA

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	515	511	534	569
SELL BELOW	498	516	482	460

MAYTAS INFRA

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	57	55	58	60
SELL BELOW	54.5	55	53	50

———————————————-

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