Dear All
We are at a very critical point - a make or break point to be precise. As long as we hold above the 200 dma the bulls can breathe easy. An upside closing above 5275 will be an optimistic situation. Above that Resistance for nifty should come around 5380 levels. As for today i would personally prefer to to ride the global market sentiments and be long for the day with nifty sl of 5105.
Daily Calls
Buy RPower - Tgt 412 - 415 - 418 sl 405
Buy Cairn Energy - Tgt 215 - 221 sl 204
Buy ITC - Tgt 205 - 208 sl 198
Buy HCL Tech - Tgt 271 - 280 sl 262.5
Buy ONGC - Tgt 1014 - 1020 - 1036 - 1052 sl 987
Buy Rcom - Tgt 593 - 597 - 604 -611 sl 573
Buy Bharti Airtel - Tgt 877 - 887 sl 858
Have a nice trading day.
Thursday, February 21, 2008
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