PRAKASH IND
BUY @ CMP 183
SL 169
TARGET 204-212
DCHL
BUY NEAR 138
SL 134
TARGET 143-145
Indiabulls Securities Ltd
Buy with stop loss 25
Target 33.00
Idea Cellular Ltd
Sell below 71-72
Target 65.00
UTV Software Communications Ltd
Sell 565
Target 495.00
Short term calls
Oil & Natural Gas Corporation Ltd
Buy with stop loss 1230 for a month
Target 1400.00
8/20/2010
niftey level
Expect a negative closing today.
Target 5484-5454: Time frame 1 or 2 days. Try to exit shorts and August puts at the above mentioned levels.
Try to avoid heavy overnight positions. OR HEDGE YOUR POSITIONS.
I strongly feel either from 5484 or 5460-5454 market may move once again to 5535 levels next week.
Stoploss for shorts 5562. Stoploss for longs 5409.
If closes above 5562 expect a sharp uptrend. But Chances are remote.
For Today: Market may open at 5500 and initial low may be around 5490. Then it may try to go up to 5515-5520 levels. Then it will slide to 5484 or even 5460-5454. If breaks 5454 expect 5440-5430.
All levels are spot levels.
Target 5484-5454: Time frame 1 or 2 days. Try to exit shorts and August puts at the above mentioned levels.
Try to avoid heavy overnight positions. OR HEDGE YOUR POSITIONS.
I strongly feel either from 5484 or 5460-5454 market may move once again to 5535 levels next week.
Stoploss for shorts 5562. Stoploss for longs 5409.
If closes above 5562 expect a sharp uptrend. But Chances are remote.
For Today: Market may open at 5500 and initial low may be around 5490. Then it may try to go up to 5515-5520 levels. Then it will slide to 5484 or even 5460-5454. If breaks 5454 expect 5440-5430.
All levels are spot levels.
8/13/2010
niftey level
The targets for this final rally.
Technical targets: 5437-5458-5490. Wave Targets 5486-5491-5502.
Expect a slide in the morning trade to the levels of 5397-5379. You can buy Nifty here for any of the above mentioned targets.
Correction is global markets started. We may also going to join very soon.
Dont hold overnight long positions. Just a slight bad news may trigger the correction.
Technical targets: 5437-5458-5490. Wave Targets 5486-5491-5502.
Expect a slide in the morning trade to the levels of 5397-5379. You can buy Nifty here for any of the above mentioned targets.
Correction is global markets started. We may also going to join very soon.
Dont hold overnight long positions. Just a slight bad news may trigger the correction.
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