INTRADAY PICKS ON 16.09.2009

BANK NIFTY FUT - HIGH RISK

BUY ABV 8200 TGT 8240 - 8265 - 8300 - 8335
WEAK BELOW 8180 TGT 8160 - 8125 - 8100
BUY ABV 8125 IN DIPS SL 8100

FEDERALBANK CASH

BUY ABV 246.15 TGT 248.05 - 250.35- 252.15 - 254.35
WEAK BELOW 245 FOR 244 - 243.25 - 242.45 - 241.45
BUY ABV 244 IN DIPS FOR GOOD INTRA GAINS SL 241

SUZLON CASH

BUY ABV 98.20 TGT 99.50 -100.25 - 102.65 - 104.85
WEAK BELOW 97.25 TGT 96.25 - 95.60
BUY ABV 97.50 IN DIPS SL 95

ABAN CASH

BUY ABV 1575 TGT 1585 - 1594 -1608 - 1620 - 1641 - 1666
WEAK BELOW 1550 TGT 1528 - 1500 - 1480
BUY ABV 1500-1525 IN DIPS SL 1480

HINDUNILVR CASH

BUY ABV 261.50 TGT 263.45 -265.15 - 266.50 - 267.95 - 270.10
WEAK BELOW 260 TGT 258.50 - 257.55 - 255.45
BUY ONLY ABV 256 IN DIPS SL 254

WATCH IDBI ICICIBANK, TULIP IN DIPS.

CONSIDER 4860-4875 AS THE DIPS IN NIFTY FUT AND BUY ON SUSTAIN OF 4875+ WITH SL OF 4850 FOR GOOD INTRADAY GAINS. PLAY SHORT IF NIFTY FUT BREAKS 4900 AND LONG IF NIFTY FUT TRADES ABV 4900+ IN ALL THE ABV SCRIPS. WAIT TO SEE THE TREND. NIFTY THOUGH BULLISH MAY CORRECT.USE DIPS TO BUY ONLY.

PRICE MENTIONED IS FOR CASH TRADE. FUTURE TRADERS PLEASE ADJUST PRICE. WATCH YAHOO MESSENGER FOR OTHER INTRAS

BEST OF LUCK AND HAPPY TRADING

DEEPA ACHARYA

N.B. RED FIGURES BETWEEN BLUE FIGURES ARE RESISTANCE LEVELS FOR LONGS AND SUPPORT LEVELS FOR SHORTS AND PROFIT SHOULD BE BOOKED AT/AROUND THE RED FIGURES