Market Watch

Friday, August 7, 2009

Technical calls 7 August 2009

523 ABOVE BUY BPCL STOP LOSS 493 TARGET 560
860 STOP LOSSS BUY ACC AT 872 TARGET 882-894-905

173 BELWO SELL RENUKA SUGAR 532670 TARGET 170-165-157 STOP LOSSS 177

SELL ICICI BANK (BSECODE 532174) AT 745 FOR TARGET 727-718, STOP LOSS 760.

BUY MPAHAHSIS 526299 AT 477 STOP LOSSS 459 TARGET 503-520

44 STOP LOSSS BUY SKUMAR 514304 AT 48 TARGET 56-60--64

404 ABOVE BUY BAHARATI 532454 TARGET 411---416---424 STOP LOSSS 391

15645-15803 On Friday 15645-15803 will be sell area.
Weak markets will not cross 15706.
16005-16500-17000-17500 Above 15803 Sensex could test 15969 ( Thursday `s high ). Further it could open for 16005-16500-17000-17500
15227-14599-14341-13926. Sensex has support at 15443 ( Thursday `s low ). Below that we open for 15227-14599-14341-13926.

4621-4668 On Friday 4621-4668 will be sell area.
Weak Markets will not cross 4639 .
4730-4750-4800. Above 4668 Nifty could test 4718 ( Thursday`s high ).Further it could open for 4730-4750-4800.
4516-4337-4259-4133. Nifty has support at 4560 ( Thursday`s low ).Below it could open for 4516-4337-4259-4133.