CALLS FOR 16/12/09

BUYING EXPECTED IN WIPRO IF BREAKS 663 SL659 TGT668,672

SELLING EXPECTED IN M&M IF BREAKS 1009


Advance Tax Data is available, many FII will try to keep their NAV of Dec, 09 quarter in good health, Quarterly result in 1st – 2nd week of Jan’10, new allocation by FII, Indian Insurance Co. Will get more funds in last quarter of the year, Budget ahead


KOTAK BANK Sell below 780 SL787 lower targets up to 755

VIDEOCON Sell below 215 SL218 lower targets 210 and more

NIFTY VIEW
BUY Nifty Future for intra day trade if it trades above 5025 with Stop Loss as day's low.
At higher levels, Nifty Future will find resistance at 5075 - 5090 and 5110.
Nifty Future can be sold near 5100 levels with stop loss of 5150.
TGT DEPENDS UPON YUR APPETIETE