Market Watch

Monday, July 27, 2009

Technical Calls 27 July 2009

BUY GVKPOWER (BSECODE 532708) AT 44 FOR TARGET 53, STOP LOSS 39. VENTURA
3975 ABOVE BUY TIDE WATER 590005 TARGET 4350-4700--5400 STOP LOSS 3675
135 ABOVE BUY NEVILLYE TARGET 147-160 STOP LOSS 124
DEC 2008 LOW TISCO 146 NOW 460--JINDAL STEEL LOW 517 NOW 3100----------JSW LOW 161 IN MARCH 2009--- NOW 660
http://money.cnn.com/2009/07/24/news/companies/bank_failure/index.htm
US 7 Regional Banks Fail : http://money.cnn.com/2009/07/24/news/companies/bank_failure/index.htm
250 STOP LOSS SELL PUNJ LYYOD AT 244 TARGET 240-236-230
147 ABOVE ESSAR OIL OPEN 155-167-174 STOP LOSSS 139 OR DAY AVG
1690 BELWO SELL SBI 500112 TARGET 1680---1657--- STOP LOSS 1710 OR 1726
840 ABOVE BUY CMC FOR 165 RS UP MOVE STOP LOSS 805 517326
BUY HINDUSTAN UNILEVER (BSECODE 500696) AT 285 FOR TARGET 320, STOP LOSS 267. VENTURA
AIA ENG (532683) CMP (Rs 215) Buy for target of 256 with stop loss of 210
ALLIED DIGITAL (532875) CMP (Rs 323) Buy for target of 368 with stop loss of 307.
ASHOK LEYL (500477) CMP (Rs 36) Buy for target of 43 with stop loss of 33.
BRIGADE (532929) CMP (Rs 87) Buy for target of 100 with stop loss of 81.
GLODYNE TECH (532672) CMP (Rs 534) Buy for target of 665 with stop loss of 506.
INDIAN HOTEL (500850) CMP (Rs 69) Buy for target of 81 with stop loss of 65.

ABB (500002) CMP (Rs 742) Buy for target of 871 with stop loss of 710.
BRCL (500547) CMP (Rs 452) Buy for target of 475 with stop loss of 431. (If it closes & sustain above 475 then next possible target comes to 551)
BHEL (500103) CMP (Rs 2203) Buy for target of 2479 - 2640 with stop loss of 2139. (If it closes & sustain above 2295 then, possible target comes to 2640)
HUL (500696) CMP (Rs 282) Buy for target of 320 with stop loss of 267. (If it closes & sustain above 320 on monthly basis then mid - long term target price comes to 463 - 522)
IDEA (532822) CMP (Rs 81) Buy for target of 92 with stop loss of 77.
NTPC (532555) CMP (Rs 211) Buy for target of 233 with stop loss of 203. (If it closes & sustain above 233 on weekly basis then long term target price comes to 300)
POWER GRID (532898) CMP (Rs 113) Buy for target of 130 with stop loss of 108.
REL INF (500390) CMP (Rs 1171) Buy for target of 1335 with stop loss of 1135. (If it closes & sustain above 1331 the mid-term possible target comes to 1718)
RPOWER (532939) CMP (Rs 173) Buy for target of 202 with stop loss of 165.
STERLITE IND (500900) CMP (Rs 653) Buy for target of 757 with stop loss of 627.
SUZLON (532667) CMP (Rs 103) Buy for target of 126 with stop loss of 98.
TATA STEEL (500470) CMP (Rs 440) Buy for target of 513 with stop loss of 410.
UNITECH (507878) CMP (Rs 87) Buy for target of 104 with stop loss of 78.

15319-15246 On Monday 15319-15246 will be buy area.
Strong markets will not break 15291.
15600-16000. Above 15319 Sensex could test 15418 ( Friday 's high ). Further it could open for 15600-16000.
14572-14319-13912-13717. Sensex has support at 15168 ( Friday 's low ). Below that we open for 14572-14319-13912-13717.

4550-4528 On Monday 4550-4528 will be buy area.
Strong Markets will not break 4541 .
4590-4693.Above 4550 Nifty could test 4578 ( Friday 's high ).Further it could open for 4590-4693.
4324-4248-4126-4104 Nifty has support at 4505 ( Friday 's low ).Below it could open 4324-4248-4126-4104