Short Term..

Buy JINDAL PHOTO @ 273...

TARGET ACHIEVED!!!!

CALL JINDAL POLY REC ABOVE 807 TODAY LOW 808 NOW 894 UPBY RS 87,AQUA REC ABOVE 624 NOW HIGH 656 

SHORT TERM

BUY JINDAL POLY @ 807,BUY TATASTEEL @527,BUY ABB @ 783

ST BUY GREENPLY @ 192.

Struggle for bulls to take Nifty above 5500 levels has failed
and now they have to save the crucial support of 5400. The
daily trend continues to be down for the 2nd day, however
weekly trend remains up. Though 5400 level is still intact, it is
certainly under threat. A decisive break below that can take
Nifty to 5325 or even 5275 levels. At the same time a move
past 5460 can show recovery of strength. Hence we suggest a
cautious approach at this juncture. Support for the day is seen
at 17900/5375 while resistance is seen at 18200/5460.

Short Term Buy GREAVES COTTON @375, RATNAMANI METAL @133.

FCH buy current level target 310..

Intraday

buy Educomp 614 sl 609 tgt 622-625: Intraday

  

BTST jublfood @ 408 sl 403 tgt 417-419

Nifty weekly range 5275-5450

The Nifty daily trend has been moving up and down while
weekly trend has been able to remain upward and so has
monthly trend. The support for the week is seen near
17600/5275 while the resistance for the week is seen near
18100/5450. Inability of the Nifty to move above 5450
levels has exposed the vulnerability of the markets at higher
levels. We suggest one should look out for selling
opportunities at every rise.

hiiii....