Stock Updates for 9 Dec 2009

we may see some selling in our markets. Until now US markets are under heavy selling pressure. As far as our markets are concerned, it will face huge selling pressure once 5050 spot level is broken. So safe traders are advised to trade lite or avoid trading.

Nifty spot levels for the day:

5062 – 5088 – 5119 – 5133 – 5166

Stock Calls
THERMAX
Buy Above 599
Target : 612-630
Stop loss: 592
Period: Intraday

MASTEK
Buy Above 420
Target: 480-455
Stoploss: 405
Period : In 1 Month