Market Watch

Thursday, July 2, 2009

Technical Calls 2 July 2009

51 % CMC HOLDS TCS----BEST--820 ABOVE CLOSE BUY BTST CMC 517326 TARGET 1100-1200 STOP LOSS INV 740 TRDAING
ECONOMIC SURVEY BENEFICIARY BEST CMC AND TCS HOLDS 51 % CMC

207 ABOVE BUY POWER FIN 532810 TARGET 211---217-225 STOP LOSS 201
316 STOP LOSS BUY DLF 532868 ABOVE 333 TARGET 351-365-385


BUY ZUARI ABOVE 282 TARGET 297-310 STOP LOSSS DAY AVG
OUR BUY CALL OF GAIL ON 29.06.09 AT 284 NOW 314. TARGET ACHIEVED. BOOK PROFITS. VENTURA
BUY WWIL (BSECODE 532795) AT 20.75 FOR TARGET 22.5, STOP LOSS 19. VENTURA

Buy IND INFOLINE 532636 ABOVE 135 Target 142-154-159-166 stoploss 125

BUY BATA 500043 ABOVE 155 TARGET 161-168-174 STOPLOSS 148

ICICI BANK (532174) CMP (Rs 722.00;) SELL below 716 with stop loss of 735 or sell on upper side around 740 with stop loss of 754 for target of 675.

4328-4375 On Wednesday 4328-4375 will be sell area.
Weak Markets will not cross 4347.
4479-4517-4604-4794-4913-5300. Above 4375 Nifty could test 4425 (Tuesday's high).Further it could open for 4479-4517-4604-4794-4913-5300.
4236-4194-4090-3995-3737 Nifty has support at 4268 (Tuesday's low).Below it could open 4236-4194-4090-3995-3737

14626- 14787 On Wednesday 14626- 14787 will be sell area.

Weak markets will not cross 14688.
14955 -15100 Above 14787 Sensex could test 14907 (Tuesday's high). Further it could open for 14955 -15100
14312 Sensex has support at 14420 (Tuesday's low). Below that we open for 14312