Monday, August 3, 2009

Calls for the 3rd August

RESEARCH: MARKET OUTLOOK: With the help of Firm trend in global markets, short covering in F&O segment and better than expected quarterly earnings, NIFTY extended gains of 1.76 percent in the preceding week. Q1 earning announcement for most of the heavy weight index stocks are almost over. Technically, the short-term sentiment would remain bullish and if NIFTY sustains above 4693 levels we may see the rally upto 4910 levels. The intraday key support is likely to be seen at 4573 and 4513 levels.

11:26 AM 8/3 RESEARCH - INTRADAY CALL ( CASH ) : SHORT SELL WIPRO BELOW 488 TGT 473 SL 495

(8/3/2009 12:41:47 PM): RESEARCH: EUROPEAN MARKET UPDATE : FTSE(-0.7%), DAX (-0.2%), CAC (-0.3%)

(8/3/2009 12:55:28 PM): RESEARCH - INTRADAY CALL ( CASH ) : BUY ZEEL ABOVE 190 TGT 197 SL 187

2:17 PM 8/3 RESEARCH : INTRADAY CALL (CASH) : BOOK PROFITS IN TATASTEEL

3:16 PM 8/3 RESEARCH:MONEY MORNING FUNDAMENTAL CALL:GITANJALI GEMS ACHIEVED TARGET

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