Technical Calls 25 June 2009

Nifty Combincation call n Put Buy 4300 Call @ 188 , 4200 Put @ 166--------- hold till 7th July
European markets were subdued in today as investors turned cautious after the US Federal Reserve reiterated concerns over the economic outlook. Key benchmark indices in UK, Germany and France were down by between 0.05% and 0.65%.
U.K. FTSE 100 index declined 0.10% to 4,275.91
German DAX 30 index lost 0.6% to 4,804.31
French CAC-40 index fell 0.01% to 4,275.91
Unitech, ICICI Bank, HDFC gained while Tata Motors, M&M, ONGC, Tata Steel, Maruti slipped in a volatile market. Mid and small caps bettered broader indices
Primary articles group was up 0.1% while manufacturing product was up 1% on a week on week basis. Fuel group was up 0.4%.
SUDDEN MOVE CAN COME IN EDUCOMP ABOVE 3550 MOVE OF 200- 300 RS STOP LOSS 3490
OUR TODAYS BUY CALL OF TATA MOTORS AT 355 NOW 343. STOP LOSS TRIGGERED. EXIT POSITION
505 ABOVE BUY AURO BINDU OPENS Tgt 600 STOP LOSS 477
64 ABOVE BUY MERCATOR 526235 TARGET 69-75 STOP LOSS 58.5 OR 54
139 ABOVE BUY IDFC STOP LOSS 127 TARGET INV STOP LOSS 115 TARGET 190
BUY IDBI BANK (BSECODE 500116) AT 115 FOR TARGET 137, STOP LOSS 98. VENTURA
282 ABOVE BUY NAV BHARAT 513023 TARGET 295-307-324 STOP LOSS 268
153 STOP LOSS BUY ESSAROIL 500134 TARGET 178-184
BUY TATAMOTORS (BSE CODE 500570) AT 355 FOR TARGET 377, STOP LOSS 343.VENTURA
311 ABOVE BUY BGR ENERGY 532930 TARGET 322-333-351 STOP LOSSS 284
373 STOP LOSS BUY EVERON 532876 ABOVE 407 FOR 432-451-477 TARGET
98 STOP LOSS BUY IDBI 500116 ABOVE 115 TARGET 137

4220-4184 On Wednesday 4220-4184 will be buy area.
Strong Markets will not break 4206.
4287-4379-4437-4552-4604-4694-4913-5065-5300. Above 4220 Nifty could test 4267 (Tuesday's high).Further it could open for 4287-4379-4437-4552-4604-4694-4913-5065-5300.
4090-3995-3737. Nifty has support at 4146 (Tuesday's low).Below it could open 4090-3995-3737.

14248-14135 On Wednesday 14248-14135 will be buy area.
Strong markets will not break 14469.
14636-14786-15101-15155-15292-15600-16196-16678-16951. Above 14248 Sensex could test 14394 (Tuesday's high). Further it could open for 14636-14786-15101-15155-15292-15600-16196-16678-16951.
13780-13518. Sensex has support at 14016 (Tuesday's low). Below that we open for 13780-13518.