Sunday, July 6, 2008

NEWSLETTER – 07/07/2008

Nifty future for day trading. Buy above 3941 with stop loss 3890,target 3971,3997,4016,4067.

Nifty Future for July- Remain short below 4317 for targets of 3743,3379

Nifty Future Weekly-7-11 July- Buy above 3924,stoploss 3880,target 3959,3994,4038. Above 4038 target 4177,4293

Day Trading Calls 07 JULY 2008

NIFTY FUT

BUY ABOVE

3941

STOP LOSS

3890

TARGET

3971/97/4016/67

GMRINFRA

BUY ABOVE

Rs:84.50

STOP LOSS

Rs:81.50

TARGET

Rs:85.50/89/93

RANBAXY

BUY ABOVE

Rs:527.00

STOP LOSS

Rs:517.00

TARGET

Rs:533/550/565

TATA STEEL

BUY ABOVE

Rs: 671

STOP LOSS

Rs: 649

TARGET

Rs: 683/697/714

RENUKA

BUY ABOVE

Rs:110

STOP LOSS

Rs:108

TARGET

Rs: 114/116/119/123

L&T

BUY ABOVE

Rs:2347

STOP LOSS

Rs:2300

TARGET

Rs:2442

Disclaimer : These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.

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