Tuesday, July 8, 2008

NEWSLETTER – 09/07/2008

Nifty future for day trading. Trades above 3931 buy with stop loss 3915,target 3959,3986,4021.Above 4021 target 4131. Trades below 3900 sell with stoploss of 3931,target 3879,3824.

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 09 JULY 2008

UNITECH

BUY ABOVE

162

STOP LOSS

160

TARGET

166/68/76

GMRINFRA

BUY ABOVE

Rs:85.50

STOP LOSS

Rs:83.50

TARGET

Rs:88/89/94

RANBAXY

BUY ABOVE

Rs:530

STOP LOSS

Rs:525.00

TARGET

Rs:537/541

TATA STEEL

BUY ABOVE

Rs: 652

STOP LOSS

Rs: 642

TARGET

Rs: 657/74

RENUKA

SELL BELOW

Rs:108

STOP LOSS

Rs:112.50

TARGET

Rs: 99

CAIRN

SELL BELOW

Rs:234

STOP LOSS

Rs:239

TARGET

Rs:221

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.

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