Recovery Phase Of Markets Ahead



The market opened on firm note yesterday on the back of strong global cues but remained range bound throughout the session moving in the positive territory. Stocks belonging to the reality and metal sectors, which were beaten down showed much needed strength and ended on bright note yesterday. Select capital goods and PSU stocks too edged higher, while IT, pharma and FMCG stocks ended on a subdued note.

Those who bought yesterday will get a reasonable profit today.

Nifty Levels
If Nifty(spot) trade above 5275 then we can see upmove in the market upto 5300 – 5320 – 5350
if Nifty(spot) trade below 5220 then we can see bearidh trend  in the market upto 5200 – 5170 – 5150.

Intraday Calls

M&M : Buy above 531 sl 524 Targets 540,544 Or if trades below 519 Short M&M SL 526 Targets 509,505

ACC: Buy above 912 sl 903 Targets 924,930 Or if trades near 896 Short ACC SL 905 Targets 884,880

BPCL: Buy above 506 sl 498 Targets 515,520 Or if trades near 493 Short BPCL SL 500 Targets 480,475

 

Options Tips For Intraday

BUY NIFTY 5300CE ABOVE 78 TGT 85-88 SL 73.95

BUY NIFTY 5200PE ABOVE 92 TGT 99-103 SL 87.65

BUY BHARTIARTL 300CA ABOVE 8.25 TGT 9.25-9.80 SL 7.65

BUY DLF 320CA ABOVE 10.35 TGT 12.50-13.50 SL 9.20

BUY DLF 300PA ABOVE 10.15 TGT 11.75-12.50 SL 9.25

BUY ICICIBANK 940CA ABOVE 27.70 TGT 31-33 SL 25.50

BUY MARUTI 1300CA ABOVE 24.45 TGT 27-29 SL 22.75

BUY MARUTI 1300PA ABOVE 46.60 TGT 53-56 SL 43

BUY RELIANCE 1050CA ABOVE 24.45 TGT 27-29 SL 22.80

BUY RELIANCE 1000PA ABOVE 15.45 TGT 20-22.50 SL 12.80

BUY SBIN 2300CA ABOVE 53.30 TGT 61-65 SL 49.20

BUY SUZLON 75CA ABOVE 1.15 TGT 1.40-1.50 SL 1.05

BUY SUZLON 70PA ABOVE 3.65 TGT 4.25-4.60 SL 3.30

BUY TATASTEEL 640CA ABOVE 20.30 TGT 22-23 SL 19.25

BUY UNITECH 85CA ABOVE 2.50 TGT 3-3.25 SL 2.25

 

 

Share

Tags: , , , , , , , , ,

Friday, April 30th, 2010 Intraday Calls, Options Trading

No comments yet.

Leave a comment

Twitter @stockcallsindia

 

February 2012
S M T W T F S
« Jan    
 1234
567891011
12131415161718
19202122232425
26272829