Monday, March 9, 2009

CALLS FOR 12thMAR 2009

JINDAL STEEL Sell IF BREAKS 990 TGT960, 940 SL1005

SELLING EXPECTED IN LARSEN&TURBO IF BREAKS 557

ABAN Trade on break out of 225 or 245 Means buy above 245 or sell below 225 with sl8, remember above 255 due to short covering may fly to kiss 280-85

ABB
Buy above 368 sl365 minor hurdle 372, 376 then real fire

Renuka
it has given a weak breakdown below 76. Short on rise with SL79 can dip upto 72-69

STOCKS LOOKING WEAKS FOR 120309 ARE
Sbin , l&t , bpcl looks weak at higher levels
Cipla , hul ,jp associates looks good at lower levels

Resistance for Nifty at 2635-2690
Support at 2605-2590
(CASH LEVELS)

(pls use SSL in every trade an DONT WAIT FOR tgts)