Market Watch

Wednesday, August 5, 2009

Technical Calls 5 August 2009

BUY KOTAKBANK (BSECODE 500247) AT 725 FOR TARGET 1100, STOP LOSS 610. VENTURA
BUY AGROTECH FOOOD AT 175 500215 TARGET 210-224-250 STOP LOSSS TRADING 155 INV 140
600 STOP LOSS BUY LIC 500253 ABOVE 634 TARGET 724
292 STOP LOSS SELL HIND LEVER BELOW 287 TARGET 282-277
320 ABOVE BUY SHRIRAM TRANSPORT 511218 TARGET 440 STOP LOSSS 270

STOP LOSS 172 INV STOP LOSS BUY ZEE ENTER 505537 ABOVE 205 TARGET 300

445 STOP LOSS BUY MARUTI ABOVE 1500 TARGET 1600 CMP 1485
350 STOP LOSS BUY NMDC 526371 ABOVE 375 TARGET 450 CMP 367
BUY CASTROL 500870 AT 480 TARGET 570 STOPLOSS 444

15809-15755 On Wednesday 15809-15755 will be buy area.
Strong markets will not break 15789.
16005-16500-17000-17500 Above 15809 Sensex could test 16002 ( Tuesday `s high ). Further it could open for 16005-16500-17000-17500
15549-15425-15227-14599-14341-13926. Sensex has support at 15699 ( Tuesday `s low ). Below that we open for 15549-15425-15227-14599-14341-13926.

4675-4659 On Wednesday 4675-4659 will be buy area.
Strong Markets will not break 4669 .
4730-4750-4800. Above 4675 Nifty could test 4726 ( Tuesday`s high ).Further it could open for 4730-4750-4800.
4606-4572-4516-4337-4259-4133. Nifty has support at 4643 ( Tuesday`s low ).Below it could open 4606-4572-4516-4337-4259-4133.