Thursday, February 05, 2009

INTRADAY Levels & Calls


Tradaing Calls:

ISPATIND BUY at 11.50 with a Stop loss at 11 upper trend till 12.25 >> 13
HDIL - Sell at 77 with a sl at 79.9 down trend till 74 >> 71
SATYAMCOMP- buy below 45 with sl @41 tgt 50>> 53 - (time frame 3-5 trading sessions)
TATAPOWER - Buy @ 750 with SL 744 target till 757 >> 762

Levels:
NIFTY Feb Future - Pivot - 2790
Resistance: 2818 - 2846 - 2878
Support: 1748 - 2720 - 2678

Reliance (spot) major levle 1313
Resistance: 1331 - 1355 - 1374
Support : 1289 - 1270 - 1246

Market View

Good Morning.....!!

NIFTY spot levels for the day:
Resistance: 2836 - 2870 - 2898
Support: 2775 - 2747 - 2712

Nifty closed falt on wednesday after a choppy trading session.
Us markets gave up the early gains and managed to close around 1.5% negitive.
We may open falt on the nifty and therefrom we may gain to the day's first resistance levels of 2836 and may experience selling in the later part of the day.

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