Trading Calls 6th May 2009
Intraday Calls
-ve Sector, Scripts : Oil&Ref, NTPC,
BUY Tatasteel-286 for a target 303 stop loss 282
SHORT IOC-436 for a target 428 stop loss 440
Intraday Calls
-ve Sector, Scripts : Oil&Ref, NTPC,
BUY Tatasteel-286 for a target 303 stop loss 282
SHORT IOC-436 for a target 428 stop loss 440
SHORT BPCL-372 for a target 365-360 stop loss 376
SHORT Nationalum-232 for a target 225 stop loss 236
Expected Breakout Calls
BUY RELinfra795 above 800 for a target 865 stop loss 790
BUY Jindalsaw-247 above 250 for a target 290 stop loss 245
Positional Calls
BUY Edelweise-316 for a target 345 stop loss 303
BUY ABGShip-137 for a target 155 stop loss 131
SHORT Nationalum-232 for a target 225 stop loss 236
Expected Breakout Calls
BUY RELinfra795 above 800 for a target 865 stop loss 790
BUY Jindalsaw-247 above 250 for a target 290 stop loss 245
Positional Calls
BUY Edelweise-316 for a target 345 stop loss 303
BUY ABGShip-137 for a target 155 stop loss 131
NIFTY FUTURES (F & O)
Below 3648 level, expect profit booking up to 3620-3622 zone and thereafter slide may continue up to 3602-3604 zone by non-stop.
Below 3648 level, expect profit booking up to 3620-3622 zone and thereafter slide may continue up to 3602-3604 zone by non-stop.
Hurdles at 3675 & 3686 levels. Above these levels, buying may continue up to 3695-3697 zone and thereafter it can zoom
up to 3712-3714 zone by non-stop.
Cross above 3721-3723 zone can take up to 3739-3741 zone. Supply expected at around this zone and have caution.
On Negative Side, buying emerge at around 3594-3596 zone. Stop Loss at 3576-3578 zone.
Short-Term Investors:
Bullish Trend. 3 closes above 3342 level, it can zoom up to 3997 level by non-stop.
BSE SENSEX
Lower opening expected. Bulls are tired & if moves up then tired bulls may
offload their long positions.
Short-Term Investors:
Short-Term trend is Bullish and target at around 13662 level on upper side.
Short-Term Investors:
Bullish Trend. 3 closes above 3342 level, it can zoom up to 3997 level by non-stop.
BSE SENSEX
Lower opening expected. Bulls are tired & if moves up then tired bulls may
offload their long positions.
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.
NIFTY LEVELS
 | 3661.90 | ( 0.22 %) | 7.90 |  |
| 1 | 2 | 3 | ||
| Resistance | 3689.82 | 3717.73 | 3753.27 | |
| Support | 3626.37 | 3590.83 | 3562.92 | |
 | 12131.08 | ( -0.03 %) | -3.67 |  | |
| 1 | 2 | 3 | |||
| Resistance | 12224.01 | 12316.95 | 12436.01 | ||
| Support | 12012.01 | 11892.95 | 11800.01 | ||
GLOBAL CUES & RUPEE
The Dow Jones Industrial Average closed at 8,410.65. Down by 16.09 points.
The Broader S&P 500 closed at 903.80. Down by 3.44 points.
The Nasdaq Composite Index closed at 1,754.12. Down by 9.44 points.
The partially convertible rupee <INR=IN> ended at 49.29/30 per dollar on yesterday, above its Monday's close of 49.91/92.
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 | 05-May-2009 | 2862.56 | 2354.05 | +508.51 |
| DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) | ||||
| Category | Date | Buy Value | Sell Value | Net Value |
| DII | 05-May-2009 | 958.99 | 1088.84 | -129.85 |
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Arvind Parekh
+ 91 98432 32381
