Wednesday, May 13, 2009

Technical Strategy: 14th May 09

Future. Nifty levels:-

Pivot Point: 3643 ; Resistance: 3749 ; Support:3583


Positional view of Trend changing stocks

Stocks to Buy at Lower levels.

FINANC.TEC. @ 748.72 , Sl 760.00 ,Cmp719.65

HDFC @ 1787.13 , Sl 1798.00 ,Cmp1710.30

INFOSYS TECH @ 1567.65 , Sl 1500.00 ,Cmp1597.95

RELIANCE @ 1923.67 , Sl 1838.00 ,Cmp1958.30


Stocks to Short at Higher levels.

HERO HONDA @ 1200.70 , Sl 1223.00 ,Cmp1194.20

BAJ HOLD INV @ 355.72 , Sl 362.00 ,Cmp354.40

Previous days High Crossed: ALLAHABAD BK , BHARAT PET , BHEL , BNK OF INDIA , FEDERAL BANK , GAIL (I) LTD , HDFC , HIND.PETRO , HINDALCO , ICICI BANK , INFOSYS TECH , MARUTISUZUK , WIPRO LTD ,REL PET ,MPHASIS LTD

Previous days Low Crossed: ASIAN PAINTS , EXIDE IND. , HERO HONDA , INDIAN HOTEL,UNITED PHOSH , DABUR (I) , CONTAIN.CORP

Stocks to Watch: SUPREME PETR , JM FINANCIAL , ETC NETWORK

Buy Call Option: JP Hydro of SP 40 @ 4.25 , SL 2 , TGT 6.50 , Cmp 41.75

Buy Put Option: Rolta of SP 80 @ 5.85, SL 3, TGT 8.50, Cmp 84.10

Long Term: Buy WIRE& WIRLES Cmp 15.68 , Sl 12.70, Tgt 20.20 (Agreesive above 17.70)

allvoices

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