The indices yet remained range bound and made an attempt to go near the double top levels of 5190.
Technically the undertone is still bullish and with the iip numbers due for the day , we can witness volatility and an attempt to cross past 5200.
However it depends on good iip nos and positive global cues , anyhow the markets are providing opportunities to trade on both sides.
Amidst the range of volatility and index , stock specific movement is on a roll and must concentrate on that.
The supports for the nifty is at 5080 levels and resistance at 5195 levels.
The supports for the sensex is at 16900 levels and resistance at 17500 levels.
Yesterday’s calls sent via sms and messenger
Moserbaer – buy at cmp 88.40 sl 87 targets 92 , went 90.60
Nifty 5200 ce – buy at cmp 75 sl 67 targets 92 , went 92.50
Unitech 90 ca – buy at cmp 4.75 sl 4.30 targets 5.50 , went 5.20
Ivrcl infra – buy at cmp 381 sl 376 targets 390 , hit sl
Mphasis bfl – buy at cmp 710 sl 705 targets 722 , hit sl
Nifty – buy at cmp 5100 sl 5081 targets 5140 , went 5153.70
Btst Praj inds – buy at cmp 95.80 sl 93 targets 100 , booked the same day at targets
Tisco 540 pa – buy at cmp 19.25 sl 18 targets 22 , hit sl
Bharti airtel 340 ca – buy at cmp 10.20 sl 8.50 targets 14 , went 15.30
Fii Bharti airtel – buy at cmp 336 sl x targets x – 3 days (booked full profits at 340 the same day)
Jackpot Praj inds – buy at cmp 97.50 sl x targets x – 3 days (booked full profits at 100 the same day)
Punter Idbi – buy at cmp 134 sl x targets x – 3 days (booked full profits at 137.50 the same day)
Dii Rolta – buy at cmp 182 sl x targets x – 3 days (booked full profits at 186 the same day)
Secret Mascot Neyveli lignite – buy at cmp 153.45 sl x targets x – holding
Jackpot Gitanjali gems – buy at cmp 124.50 sl x targets x – holding
Punter Essar oil – buy at cmp 144.50 sl x targets x – holding