Market Watch

Friday, July 31, 2009

Technical calls 31 July 2009

BUY RANBAXY ABOVE 290 TARGET 310---STOP LOSSS 265 IF INV STOP LOSS 235 TARGET 500
532875 ALLIED DIG 532875 BUY AT 350 TARGET 385-405 STOP LOSSS 320
1005 ABOVE BUY UNITED SPIRITS 532432 TARGET STOP LOSS 925 TARGET 1300
1210 STOP LOSS BAJAJA AUTO 532977 ABOVE 1240 OPENS 1400 BEST STOP LOSS 1175

160 STOP LOSS BUY UPL 512070 ABOVE 179 TARGET 240--260

BUY RILL 523445 FOR CIRCUITS AT 1055---OVER ALLL 1400 TARGET STOP LOSSS 900

HDFC (500010) CMP (Rs 2464;) BUY for target of 2579 with stop loss of 2419. (If it closes above 2594 then next possible target comes to 2845)

15277-15173 On Friday 15277-15173 will be buy area.
Strong markets will not break 15237.
15600-16500-17000-17500 Above 15277 Sensex could test 15409 ( Thursday `s high ). Further it could open for 15600-16500-17000-17500
14599-14341-13926 Sensex has support at 15065 ( Thursday `s low ). Below that we open for 14599-14341-13926

4540-4508 On Friday 4540-4508 will be buy area.
Strong Markets will not break 4528 .
4693 Above 4540 Nifty could test 4582 ( Thursday `s high ).Further it could open for 4693.
4337-4259-4133. Nifty has support at 4475 ( Thursday `s low ).Below it could open 4337-4259-4133.