30.04.2008

morning thoughts..

As expected the markets have hit 17200 on sensex and 5200 on nifty – as per our astrological prediction- also posted on astro world 2 weeks before
Technically the markets have shown strength in the reistance zone of 17200 and 5200 , and the structure still looks up , though with some volatility and small blips.
The crucial supports for the sensex remains at 16445 levels and for the nifty at 4930 levels.
Logically the markets must move till 17700 on sensex and 5275 on nifty.
The supports for the nifty is at 5115 levels and resistance at 5225 levels.
The supports for the sensex is at 17225 levels and resistance at 17700 levels


Stocks to watch

Bombay dyeing

Dlf

Unitech


Positional calls

The call option of r... bought at 7 was Rpl , which is about to double in 3 days.

Now a position in s... soon which will do the same as rpl


Delivery calls

Ghcl – given on Monday , book partial profits at 92 and rest at targets given.

Multibagger calls given by R and G continues to soar..still to go a long way


YESTERDAY'S CALLS GIVEN TO CLIENTS IN NEWSLETTER AND ON SMS

Sbin - buy sbin sl 1720 cmp 1740 targets 1770 (10.02 am) went till 1810

Bajaj hind - buy bajaj hind cmp 244 sl 237 targets 252 (10.09 am) went till 246

Tisco - buy tisco cmp 798 sl 789 targets 810 (10.13 am) went till 818

Shiv vani oil - keep a sl at 550 and buy for targets 590 ( newsletter call) went till 605

Nifty - keep a sl at 5045 and buy nifty cmp 5110 and hold (10.17 am) booked profits in nifty at 5180 (12.20 pm)

Jp associates - buy jp associates cmp 256 sl 251 targets 260 (10.32 am) went till 266

Sell the put bought yesterday at hold the nifty bought today ( 11.55 am)

Micro tech - keep a sl at 285 and buy for targets 307 ( newsletter call) went till 310

Glenmark pharma- buy glenmark pharma cmp 657 sl 650 targets 670 (12.57 pm) hit stoploss

Rolta - buy rolta cmp 332 sl 325 targets 342 (1.05 pm) went till 338