Trading Calls 5th May 2009
+ve Sector, Scripts : Thermax, Centurytex
Intraday Calls
BUY HDFC-1965 for a target 2000 stop loss 1950
BUY Hindzinc-530 for a target 552 stop loss 524
+ve Sector, Scripts : Thermax, Centurytex
Intraday Calls
BUY HDFC-1965 for a target 2000 stop loss 1950
BUY Hindzinc-530 for a target 552 stop loss 524
BUY KotakBnk-423 for a target 445 stop loss 417
BUY Bajaj-Auto-662 for a target 710 stop loss 650
BUY Bajaj-Auto-662 for a target 710 stop loss 650
NIFTY FUTURES (F & O)
Rally may continue up to 3680-3682 zone for time being.
Rally may continue up to 3680-3682 zone for time being.
Support at 3644 & 3648 levels. Below these levels, expect profit booking up to 3617-3619 zone and thereafter slide may continue up to 3593-3595 zone by non-stop.
Buy if touches 3422-3424 zone. Stop Loss at 3398-3400 zone.
On Positive Side, cross above 3704-3706 zone can take up to 3729-3731 zone. If crosses & sustains at above this zone then uptrend may continue.
Short-Term Investors:
Bullish Trend. 3 closes above 3342 level, it can zoom up to 3997 level by non-stop.
BSE SENSEX
Higher opening expected & uptrend should continue.
Short-Term Investors:
Short-Term trend is Bullish and target at around 13662 level on upper side.
Maintain a Stop Loss at 10962 level for your long positions too.
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 8,426.74. Up by 214.33 points.
The Broader S&P 500 closed at 907.24. Up by 29.72 points.
The Nasdaq Composite Index closed at 1,763.56. Up by 44.36 points.
The partially convertible rupee <INR=IN> closed at 49.91/92 per dollar on yesterday, stronger than its previous close of 50.04/05.
SPOT LEVELS
 | 3654.00 | ( 5.18 %) | 180.05 |  |
| 1 | 2 | 3 | ||
| Resistance | 3719.43 | 3784.87 | 3905.23 | |
| Support | 3533.63 | 3413.27 | 3347.83 | |
 | 12134.75 | ( 6.41 %) | 731.50 | | |
| 1 | 2 | 3 | |||
| Resistance | 12319.35 | 12503.96 | 12846.01 | ||
| Support | 11792.69 | 11450.64 | 11266.03 | ||
FII DATA
| FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| FII | 04-May-2009 | 3764.58 | 2347.3 | 1417.28 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 04-May-2009 | 1155.64 | 1248.24 | -92.6 |
--
Arvind Parekh
+ 91 98432 32381
