August 12, 2009

FED's direction

Because of FED's meet our market was volatile through out the day till last minute. Today we will get to know what will be the reaction for that. But if Nifty spot crosses 4508 longs can be initiated for today.

Stock call:

Buy Hero Honda @ 1400 to 1442 with stop loss placed at 1374. It's a short term positional call for 15 to 20% target.




RNRL is running out of volume. So any day if volumes rush inn then that stock may blast out. It's a holding script at current valuation for longer term.

Levels for the day:

4438 - 4469 - 4482 - 4517 - 4555 - 4576



Heat Map

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