YESTERDAY CALLS

RNRL

This scrip crossed the resistant level but as market moved downwards it could not move further and in the downside also it did not achieved the given target.

ONGC

This scrip achieved nearly the given target.

MY VIEW

I feel today nifty reacted for US market.As nifty plunged shows that bull is tired and relaxing,but not lost its control.If I am correct this may lost for couple of days or up to 4116 levels.We should wait for good opportunity to speculate in another bull rally.

MARKET VIEW FOR THURSDAY

As nifty ended below 4400 levels shows that mild correction has started and it may end at 4116 levels.Its next support is at 4214.Tomorrow nifty will react for global markets and inflation data.Nifty levels:

SUP: 4214, 4116. RES: 4430.

THURSDAY CALLS

Only if market moves down trade these scrips.

IDBI

Technically in the price chart a bearish pattern is formed,we can sell this scrip for a target 90 levels.We should book profit while it approaches the target price.

SUP: 99.60,97.10. RES: 105

MCDOWELL-N

Technically a bearish pattern is formed, if this stock breaks 830 levels with good volume it may hit 730 levels, but book profits when it approaches this level.We can sell this scrip

SUP: 830, 791,760. RES: 912.

IDEA

Technically in the price chart a bearish pattern is formed we can sell this stock for a target 75 levels.

SUP: 78.05,75. RES: 86.45

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