Archive for December 11th, 2009

stock calls for today



Market today traded in the consolidation mode. This is in fact good for the long term health of the market, for the investors, and for the analyst community. The stock markets have doubled over the past nine months. Market need some vital vitamins now to move forward, which are not coming now.

Nifty (Spot) : Support 5035 – 5060 – 5085 – 5097 Resistance 5143 – 5159 – 5183 – 5220

Intraday Calls
ICICIBANK
Buy near 871 sl 865
Targets 881,890

Or if trades below 850
Short ICICIBANK
SL 857
Targets 840,831

RELCAPITAL
Buy above 859
sl 853
Targets 869,875

Or if trades below 845
Short RELCAPITAL
SL 851
Targets 835,829

LT
Buy near 1682
sl 1673
Targets 1694,1705

Or if trades below 1653
Short LT SL 1662
Targets 1643,1635

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