NIFTY CASH
NIFTY HAS RESISTANCE AT 3510-3580-3665 ANDSUPPORT AT 3477-3305.I FEEL ONE SHOULD BOOK PROFIT IN FULL AROUND 3511-3600 AND WAIT FOR THE ELECTION OUTCOME.
STRATEGY CORNER FOR RELCAPITAL
CLOSED AT 560
BUY 560 CA AT RS 21
AN
SELL 600 CA AT RS 9
TOTAL COST OF CONSTRUCTING THE SPREAD IS AT RS 12 (RS 6624)
WHICH IS THE MAXIMUM LOSS
AN
MAXIMUM PROFIT WILL BE RS 28(RS 15456)
RNRL Buy above 62 SL61.25 upper targets 63.50, 65
UNIPHOS Sleeping beauty, buy above 130 SL127 minor hurdle 132-134 there after all short sellers will rush to cover their shorts and will buy also.
BAJAJHINDUSTAN BUY IF BREAKS 78 TGT82,84 SL75.5
BUYING EXPECTED IN INFOSYS IF BREAKS 1465
LARSEN CAN BE BOUGHT ABOVE 902 WITH THE SL OF 860 FOR THE TARGET OF 1050.
RPL CAN BE WITH THE SL OF 105 FOR THE TARGET OF 120-143.
RELIANCE CAN DO THE TARGET OF 1915.
