Daily Intraday Tips for 27-08-2007

Kindly avoid buy or sell stock near target or stop loss.

Always keep trailing stop loss, don't convert your profit into loss.

Be cautious and strictly maintain stop loss. Trade safely. 

 

MARKET is expected to be bullish, NIFTY Resistance @ 4245.

Don't buy/sell against the trend.

STRICTLY BUY ONLY IN UPPER TREND AND SELL ONLY IN LOWER TREND

 

Intraday calls:

 

Buy & Hold JSW STEEL Stop loss 561 Target 578-580-585+

 

Buy BANK OF INDIA Stop loss 219.50 Target 230-235-240+

 

Buy IDEA Stop loss 109 Target 116-117-118+

 

Buy TATA MOTOR Stop loss 655 Target 670-680-690+

 

Keep an eye on:

 

Buy TIME TECHNO Stop loss 508 Target 525-530-535+

 

Buy ARVIND MILL Stop loss 44 Target 47-47.50-48+

 

Buy IDBI BUY ABOVE 112.60 Stop loss 111.50 Target 113.75-114.50-115+

 

Buy PRAJ IND Stop loss 173 Target 179.50-182-183+

 

 

WATCH:

 

TATA STEEL It will take support 580, upper side crossover 589 immediate target 600+.

SAIL If Trades Above 149 can shoot up to 155 in a day or two.

PFC Tested major support level of 165 and strong reversal… closes above 185, real bull will charge.

 

CENTURY TEXTILES Daily Chart Looking Bullish: Above 753 Sup 732 -710

 

RELIANCE INDUSTRIES It has a strong support at 1710, next at 1675 ….. It is an ever green stock.

FOR SHORT TERM CALLS visit www.short-term-calls.blogspot.com

 

 

Happy Trading………………..

 

RESULTS 24-08-2007:

 

As markets opened gap up most of the calls opened near the target price and after that also rockeddddddddddddddd

Enjoyyyyyyyyyyyyyyyyyyyyyyy

 

Intraday calls:

 

 

RELIANCE INDUSTRIES opened at 1755.55 then made a high of 1782

 

EVERONN opened at 518.60 then made a high of 540.80

 

Keep an eye on:

 

 

REL opened at 715 then made a high of 744

 

SANGHI INDUSTRIES opened at 77 then made a high of 85.50

 

MARUTI opened at 789 then made a high of 802

 

BOMBAY DYEING didn't break 495

 

 

WATCH:

 

INDIA CEMENT opened at 218 then made a high of 230

 

RELIANCE CAPITAL opened at 1062.50 then made a high of 1099

 

SEL MANUFACTURING COMPANY LTD opened at 188 then made a high of 221

 

RCOM opened at 494 then made a high of 501.90

 

 

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Disclaimer: Pre-market Intraday calls are based on EOD charts and previous day's closing price so if there is any sudden news in market hours & effects market we are not responsible for that.