Intraday Stock call for today



Last week we saw choppy trading sessions. Since many days market have been trading in side ways, whenever the breakout comes it will be huge to any side. In this week have IIP data and 3rd quater results of so many companies. IIP data may show some way to market for short term.
It is advisable not to trade Intraday untill IIP data is out.

NIFTY RANGE of today 5220-5340.

· US markets closed positive.
· Asian market opened positive china up 3%.
· SGX nifty is up 30 points.
· Dollar index is down at 77.16 good news.
· Gold and crude is flat to positive.
· Overall a positive day to start the week.

Pick of the day: NIIT LTD

RNRL Fut
Buy Above 75
Target 80-82
Stop loss: 71
Type : Positional Future

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Monday, January 11th, 2010 Intraday Calls

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