Market Watch

Friday, July 10, 2009

Technical Calls 10 July 2009

68 ABOVE BUY 3 I INFOTECH 532628 TARGET 71.75-74.5-77 STOP LOSS 65.5

437 ABOVE BUY SIMENS TARGET 466-480 STOP LOSS 422

BUY RELIANCE (BSE CODE 500325) AT 1840 FOR TARGET 1966, STOP LOSS 1800.VENTURA

720 ABOVE BUY ABABN TARGET 788 STOP LOSS 690

45 ABOVE BUY IFCI 500106 TARGET 48.75-51--53 STOP LOSSS 42.5

4087-4100 On Friday 4087-4100 will be sell area.
Weak Markets will not cross 4092 .
4210-4260-4341 Above 4100 Nifty could test 4114 ( Thursday's high ).Further it could open for 4210-4260-4341
3995-3735 Nifty has support at 4040 ( Thursday's low ).Below it could open 3995-3735

13780-13825 On Friday 13780-13825 will be sell area.
Weak markets will not cross 13797 .
14203-14370-14639-14739-15100 Above 13825 Sensex could test 13879 ( Thursday 's high).
Further it could open for 14203-14370-14639-14739-15100
13518 Sensex has support at 13643 ( Thursday 's low). Below that we open for 13518.

Thursday, July 9, 2009

Technical Calls 9 July 2009

SELL MARUTI (BSE CODE 532500) AT 1110 FOR TARGET 1060, STOP LOSS 1125.VENTURA

14154-14079 On Wednesday 14154-14079 will be buy area.
Strong markets will not break 14125.
14398-14529-14739-15100-15600 Above 14154 Sensex could test 14251 (Tuesday's high).
Further it could open for 14398-14529-14739-15100-15600
13780-13518.Sensex has support at 14000 (Tuesday 'slow). Below that we open for 13780-13518.


4197-4177 On Wednesday 4197-4177 will be buy area.
Strong Markets will not break 4189 .
4268-4307-4371-4517-4604-4794-4913-5300. Above 4197 Nifty could test 4231(Tuesday's high).Further it could open for 4268-4307-4371-4517-4604-4794-4913-5300.
4090-3995-3737.Nifty has support at 4156 (Tuesday's low).Below it could open 4090-3995-3737.

Wednesday, July 8, 2009

Technical Calls 8 July 2009

653 STOP LOSS BUY ICIC BANK ABOVE 666 TARGET 677-690
137 ABOVE 144 OPENS YES BANK DAY AVG STOP LOSS
87 STOP LOSS BUY GDL 532622 AT 90 TARGET 97-101-105

103 TO 87 GATEWAY IS BUY WITH LOW STOP LOSS 532622
BUY MANGLAM CEMENT 502157 FOR TARGET 131-145-158 STOP LOSS 112
1120 ABOVE BUY MARUTI TARGET 1190---1250 ---1300 STOP LOSS 1050
1085 STOP LOSS BUY RIL INFRA 500390 AT 1100 TARGET 1160

14398-14739 On Tuesday 14398-14739 will be sell area.
Weak markets will not cross 14529.
15100-15600 Above 14739 Sensex could test 15097 (Monday 's high). Further it could open for 15100-15600
13780-13518. Sensex has support at 13960 (Monday 'slow). Below that we open for 13780-13518.

4268-4371 On Tuesday 4268-4371 will be sell area.
Weak Markets will not cross 4307.
4517-4604-4794-4913-5300 Above 4371 Nifty could test 4479 (Monday's high).Further it could open for 4517-4604-4794-4913-5300
4090-3995-3737. § Nifty has support at 4135 (Monday's low).Below it could open 4090-3995-3737.

Tuesday, July 7, 2009

Technical Calls 7 July 2009

1067 BELWO SELL TATA POWER TARGET 1007 STOP LOSS 1083

245 STOP LOSS BUY HIND LEVER NEAR STOP 255 ABOVE 274 TARGET 325--360

210 ABOVE IF ITC TRADES OPENS 224-232 STOP LOSS 201 OR 194

14794-14676 On Monday 14794-14676 will be buy area.
Strong markets will not break 14749.
15100-15600 Above 14794 Sensex could test 14945 (Friday 's high). Further it could open for 15100-15600 .
14355 Sensex has support at 14552 (Friday's low). Below that we open for 14355


4382-4341 On Monday 4382-4341 will be buy area.
Strong Markets will not break 4366.
4479-4517-4604-4794-4913-5300. Above 4382 Nifty could test 4434 (Friday's high).Further it could open for 4479-4517-4604-4794-4913-5300.
4236-4194-4090-3995-3737. Nifty has support at 4299 ( Friday's low).Below it could open 4236-4194-4090-3995-3737.

Monday, July 6, 2009

Technical Calls July 06, 2009


1995 ABOVE BUY RIL TARGET 2018-2037-2055 STOP LOSS 1969

Sensex : Buy Level On Monday 14794-14676 will be buy area. Strong markets will not break 14749. Above 14794 Sensex could test 14945 (Friday ’s high). Further it could open for 15100-15600Sensex has support at 14552 (Friday’s low). Below that we open for 14355

NIFTY : On Monday 4382-4341 will be buy area.Strong Markets will not break 4366Above 4382 Nifty could test 4434 (Friday’s high).Further it could open for 4479-4517-4604-4794-4913-5300.

Nifty has support at 4299 ( Friday’s low).Below it could open 4236-4194-4090-3995-3737

Commentary Sensex ended the penultimate session (before the Union Budget) on a high note with benchmark index gaining 1.7%. Today we expect the markets to be extremely volatile while tracking the announcements which would be made during the Union Budget starting at 11.00 A.M. US Markets were closed on Friday on account of its Independence Day. Asian markets are trading lower at this point in time with Hang Seng & Nikkei down 1.4% & 1.6% respectively.