Thursday, June 18, 2009

YESTERDAY'S CALLS

IDBI

This scrip came near to the first support.

MCDOWELL-N

This scrip came near the first target.

IDEA

This scrip came near the target.

MY VIEW

Today nifty came near 4214 level and closed below 4300 levels.Consecutively for two days nifty lost nearly 250 points.Let’s watch what happens tomorrow.

MARKET VIEW FOR FRIDAY

I feel tomorrow will be a mixed day, as past two days market saw heavy selling tomorrow may not be that much selling pressure and if I am correct then nifty will touch 4100 levels and bounce back.To my mind I feel tomorrow we can buy scrips at lower level and take part in another rally.nifty levels:

SUP: 4116. RES: 4356.

FREE TIPS

FRIDAY CALLS

Only if market moves down trade these scrips.

RELINFRA

Technically bearish pattern is formed,we can sell this scrip for a target 1095 and below.1180 level has good support, if it breaks it will touch 1123 level.

SUP: 1186,1123,1095. RES: 1200.

HDFCBANK

For past six trading days this scrips was trading in a tight range and technically in the price chart a bearish pattern is formed.so we can sell this scrip for a target 1400.However we should book profit when it approaches the target.

SUP: 1501. RES: 1556.

Thanks for visiting!

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