Thursday, September 4, 2008

intraday

Cash Market Intra-Day: MOSERBAER (NSE Cash CMP 113.80) going up. Sentiment is weak and take a risk and sell. SL at 115.80 level.
Cash Market Intra-Day: ICICIBANK (NSE Cash CMP 721.95) going up. Buy with a Stop Loss of 713.95
Cash Market Intra-Day: DISHTV (NSE Cash CMP 40.00) going up. Buy with a Stop Loss of 39.00 level.

NIFTY FUT: SL triggered. Short Covering should continue up to 4529.75-4531.75 zone. Corrections up to 4435.00 can be used to buy. SL at 4362.25-4364.25 zone.
INTRADAY CALLS

Cash Market Intra-Day: UCOBANK (NSE Cash CMP 41.90) going up. Buy with a Stop Loss of 40.90 level.

NIFTY FUT: Sell with a Stop Loss of 4459.00 level. Target at 4362.25-4364.25 zone.


POSITIONAL TRADERS
HOLD YOUR SHORTS.
IF NIFTY TRADES BELOW 4440,TGGT 4380,4350.
HOLD ALL SHORTS.
HOLD RELIANCE,RELCAP,BANKINDIA,RINFRA,ITC,ONGC,SAIL,SUZLON ETC.


POSITIONAL TRADERS >>>>>>>>>>>>>>>
HOLD ICICI BANK AND SBI ALSO AND IF ANY OTHER THAT ALSO .
CARRY 4300PUTS.
BELOW 1500,SBI TGT 1470,1450,
ICICI BELOW 710 TGT 690,680.
SHORT MCDOWEL TGT 1320,1300.
-------------------------------------

GM!!!! "The Turning Point in The Process of Growing Up is - When You Discover The Strength Within You That Survives All The Hurt."

NIFTY FUTURES (F & O)

Short Covering may continue up to 4554-4556

zone by non-stop.

Support at 4485 & 4507 levels

. Below these levels, expect profit booking up to 4411-4413 zone by non-stop.

Break below 4338-4340 zone can create some panic up to 4192-4194 zone and have caution.

On Positive Side, supply expected at around 4627-4629 zone. This supply should get absorbed too.

Short-Term Investors:

Short-Term Upward Target at 4699-4701 zone.

Short-Term Support at at 4144-4146 zone.

------------

STATE BANK (NSE Cash):

Likely to Zoom. Suspicion is that yesterday's movement might be false signal too.

If crosses & sustains at above 1558 level then uptrend may continue.

Support at 1466 level. Should not be allowed to break at any cost.

DLF FUTURES (NSE): Likely to Zoom. Suspicion is that yesterday's movement

might be false signal too.

If crosses & sustains at above 543 level then uptrend may continue.

Support at 509 level. Should not be allowed to break at any cost.

--------------------

The Dow Jones Industrial Average closed at 11,532.88. Up by 15.96 points.

The Broader S&P 500 closed at 1,274.98. Down by 2.60 points.

The Nasdaq Composite Index closed at 2,333.73. Down by 15.51 points.

Currency markets were closed on Wednesday for a holiday.


----------------

Strong & Weak futures

This is list of 10 Strong Future

Great offshore, indian bk, Edu sol, can bk, Jet airways, union bk, BOB, Punj llyod, Kotak Mah. & Syndicate bk..

And this is the list of 10 Weak stocks ;

Seasa Goa, NDTV, Shree Renuka, HTMT Glob,Triveni, Chennai petro, Bongaigaon, hindalco, Aban & Housing Dev.

Nifty is in Up Trend.



----------

HEALTHCARE Stocks May Zoom


-------------

--
Arvind Parekh
+ 91 98432 32381