NEWSLETTER – 08/07/2008

Nifty future for day trading. Trades above 4025 buy with stop loss 3990,target 4075,4129.Trades below 3990 sell with stoploss of 4025,target 3967,3941. Breaks 3941 then target 3856,3807

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 08 JULY 2008

UNITECH BUY ABOVE 167 STOP LOSS 162 TARGET 178 GMRINFRA BUY ABOVE Rs:89.50 STOP LOSS Rs:86.50 TARGET Rs:95.00 RANBAXY BUY ABOVE Rs:534 STOP LOSS Rs:523.00 TARGET Rs:539/559 TATA STEEL SELL BELOW Rs: 657 STOP LOSS Rs: 668 TARGET Rs: 641 RENUKA SELL BELOW Rs:115 STOP LOSS Rs:120 TARGET Rs: 110 CAIRN SELL BELOW Rs:245 STOP LOSS Rs:252 TARGET Rs:230

IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.