Tuesday, 22 May 2007

Calls :-) 22nd May, 2007

Axit Shah
Equity Advisory Desk ~ Allies Financial Services
Gsm : ( +91 ) 9820 191219 ~ 98699 58999
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Jai Jinendra , Pranam , Good Morning

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Nifty View :-)

A long consolidation movement was seen in Nifty Futures as it moved in the narrow band of 15 points between 4265 and 4250 levels

The up move above the level of 4265 is expected to face resistance near 4300 levels where as down move below 4230 may push Nifty Futures up to the 1st support level of 4185.

The fresh buying is recommended with strict stop loss as the support trend line of the Nifty Futures is also placed at 4230 levels.

No need to panic in the markets as at these levels there wil be some congestion in nifty futures & u many see some volatile sessions.

Trading call : BUY RCOM FUTURES 509, SL 497 TGT 522

Positional call : Buy Kotak Bank 575 , sl 560 tg 600+

Positional call : Buy Uti Bank 550 sl 535 tg 580+

Trading call : Buy Ongc 930 sl 915 tg 960+

Positional call : Buy Mahendra Gesco Abv 635 sl 625 tg 670+

Positional call : buy Balrampur Chini 77 sl 72 tg 85 , 88+

Positional call : buy India Bulls Fin Services 555 sl 540 tg 565 , 580+

BOOK PARTIAL PROFITS IN OUR RELIANCE PACK CALL , HOPE U MINTED IN TONS AS WE WERE RECOMENDING IT FROM THE BOTTOM PRICE. RIL AT 1600 & REL CAP AT 700

RUMOURS ON STREET UTV CAN SEE 550 IN COMING DAYS CMP 480

BUY IT STOCKS FOR INVESTMENTS LIKE INFOSYS , SATYAM , TCS & OTHER MIDCAP IT STOCKS LIKE TECH MAHINDRA , NORTHGATE TECH , SUBEX , NUCLEUS SOFTWARE.

PROPERTY & REALITY STOCKS AGAIN WIL BE IN MOMEMTUM TILL DLF WIL COME UP WITH IPO OFFER IN MARKETS.

UNITECH IS SET FOR TG OF 700+ CMP 560 & GESCO CORP FOR TG OF 750+ CMP 650 ( TG REVISED ), PENINSULA LAND FOR TG 600+ CMP 450 ( ALL POSITIONAL CALLS )

Buy JSW STEEL 613 SL 602 TGT 635 ..INTRA-DAY

Buy NDTV FUT 429 SL 423 TGT 443 ..INTRA-DAY

Intra-day trader sell SBI FUT1334 SL 1346 TGT 1316

Intra-day trader buy Rolta Fut 461 SL 454 TGT 476

Update: Our Positional call of Lic hsg fin at 175 reco at 165 tg 185 intact

Day traders : buy jet airways abv 730 only sl 720 tg 750

Intra day : Buy Punj Lloyd Fut 184.70 sl 182 tgt 189

Positional call : buy Rnrl cmp 32.5 sl 30 tg 35 , 38

Intra day : Buy Century fut 643 SL 639 (MUST) TGT 651

Yesterdays positional call Kotak bank tg 600 achieved revised tg 650

I THINK THE RELICANCE PACK IS GONE CRAZY AFTER WE HAD POSTED ON OUR BLOG. RIL 1765 , REL CAP 1035 .......................

Morning call kotak bank cmp 610 tg 650 intact & Rcom Tg 522 Achieved

Btst call Kotak Bank , Uti Bank , Rnrl , Rcom , Gesco Corp, Ibul Fin Services, Jsw Steel

Positional call : BUY Inox Leisure If Closes abv 143 CMP 141 TG 155

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Journey of Nifty @AlliesFin - 1996: NIFTY launched at 1,000 points - 1997: Steady early growth - 1998: Consolidated major sectors - 1999...