Archive for August 11th, 2009
Stock Calls for 11 August 2009
It was very volatile day for indian market but very good day for my readers and followers . made huge money on selling side below 4480 nifty low 4388 . watch todays low and 4350 as big suport for nifty . if break and trade below that levels then we can test 4252/4150 in coming days .
The market opened gap up yesterday on the back of strong global cues but failed to sustain at higher levels and pared all the earlier gains on major sell off in the final hour of trade in front line stocks on concerns of bleak prospects and slow progress of monsoon.
Gail is forming a Pennant Kind of pattern with the Bootom line at 309-311 If this range get broken and sustained than we are insight of 303 295.
Future Calls – Intraday & Positional
Intraday Calls :
AXISBANK : Buy near 839 sl 829 Targets 845,857 Or if trades below 808 Short AXISBANK SL 817 Targets 794,781
RELCAPITAL : Buy above 861 sl 850 Targets 879,892 Or if trades near 825 Short RELCAPITAL SL 835 Targets 807,795
RCOM : Buy above 260 sl 255 Targets 267,271 Or if trades near 251 Short RCOM SL 256 Targets 242,240
Positional Calls:
BANKBARODA : Short below 418 Stop Loss 449 (Active) (Trade start 28.7.09)
Stop Loss modify: 446 (7.8.09)
ROLTA : Buy above 138 Stop Loss 130 (Active) (Trade start 28.7.09)
Tomorrow exit from ROLTA @ 160 (Trade end 31.7.09)
RCOM : Short below 269 Stop Loss 296 (Active) (Trade start 6.8.09)
Exit from RCOM around 250 – 251
RELCAPITAL: Short below 901.50 Stop Loss 941 (Active) (Trade start 6.8.09)
Stop Loss modify: 939 (7.8.09)
Exit from RELCAPITAL around 815 – 820
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