Opening
Date 18th Jan 2010 Powered by Bazaaredge.com
Market Outlook
Technically the markets look weak and can see further downside in the days to come as a fresh sell has been generated on the charts. The next downside target is 5745 if does not bounce back from trading point of view. Market breadth is negative with 878 advances against 2059 declines. Every rise in the markets was capped on profit booking.
Intraday Calls
Buy Gravita cmp 234 stoploss 224 target 241
Sell Jindalpoly cmp 477 stoploss 507 target 460
Positional Calls
Buy Mahscooter cmp 378 stoploss 370 target 385
Buy Suryaroshni cmp 106 stoploss 104 target 108
Technical Fundamental Calls
Jagran continues to dominate the Uttar Pradesh market (
Investment Picks
Alok Industries Ltd, one of the largest textile companies in
Future & Options Strategy
Buy National Aluminium cmp 381 stoploss 378 target 384
Sell Biocon cmp 369 stoploss 377 target 363
Buy Nifty 5700CE cmp 62 stoploss 50 target 80
Buy TCS 1150CA cmp 28 stoploss 20 target 40
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