INTRA DAY PICKS ON 05.10.2010

PLZ KEEP SELL BELOW PRICE AS SL FOR LONG TRADES AND BUY ABV PRICE AS SL FOR SHORT. IN CASE OF A GAP DOWN OPEN, MAY TRADE LONG WITH SL AT NEXT TWO LEVELS BELOW DURING RECOVERY. REVERSE TRADE ONCE SL IS HIT.

BANKNIFTY FUT

BUY ABV  9148.65 TGT 9164.55 - 9182.40 - 9203.65 - 9220.25 -9241.65 - 9265.35 - 9284.00 - 9305.10 - 9326.05 - 9351.65 - 9370.10 - 9397.50

SELL BELOW  9106.0 TGT  9090.30 - 9073.25 - 9052.10 - 9024.25 - 9000.00 - 8984.55 - 8960.00 - 8944.10 - 8930.20. - 8914.65 - 8900.00 - 8885.60 - 8866.30 - 8850.00 - 8834.70 - 8818.25 - 8800.00

RELIANCE CASH/FUT

BUY ABV 1080.15 TGT 1084 - 1087.80 - 1091.00 - 1094.25 - 1098.00 -1101.10 - 1105.25 -1108.60 - 1111.00 - 1115.35 -1118.50 AND ABV 1120.00 HOLD FOR TGT OF 1148-1160-1180 -1200 AS DELIVERY

SELL BELOW 1076.25 TGT  1072.00 - 1068.40 - 1064.10 - 1060.00 - 1057.50 - 1054.65 -1051.65 -1047.30 - 1040.35

TRAIL AT 5-8 POINTS

DIVISLAB CASH/FUT

BUY ABV 673.00 TGT  674.25 - 676.50 - 678.65 - 680.00 - 682.10 - 684.60 - 687.00 - 689.50 - 692.00 - 694.10 - 696.85 - 698.00

SELL BELOW 671.15 TGT 670.00 - 668.00 - 665.20 - 663.10 - 661.25 - 659.80 - 657.20 - 655.00 - 653.25 - 651.00

WELGUJ CASH/FUT

BUY ABV  279.00 TGT 280.25 -  282.25 - 284.00 - 285.45 - 286.00 - 288.10 - 290.25 - 292.50

SELL BELOW 275.20 TGT. 273.90 -  272.80 - 271.00 - 269.30 - 267.25 - 266.00 - 264.80 -263.00

IN DIPS BUY ONLY ABOVE 268.00 FOR GOOD GAINS 

ESSAROIL CASH/FUT

BUY ABV 145.00 TGT 146.20 - 148.20 - 150.10 - 151.85 - 153.35 - 155.30 - 156.45 - 158.00

SELL BELOW 143.00 TGT  142.05 - 141.00 -139.30 -138.00

MAY BUY IN DIPS AS SHORT TERM DELIVERY

IDBI CASH/FUT

BUY ABV  130.25 TGT 131.55 - 132.80 -134.25 -136.15 - 138.00 HOLD ABOVE 138.00 FOR 150+ OR TAKE DELIVERY
SELL BELOW 128.00 TGT 127.00 - 125.40 -124.35 - 123.00 - 121.85 - 120.55 - 119.40 - 117.60

MAY BUY IN DIPS AS SHORT TERM DELIVERY 

CESC CASH/FUT

BUY ABV 401.00 TGT 402.30 - 404.00 - 405.35 - 407.00 - 408.90 - 410.00

SELL BELOW 396.50 TGT 395.00 - 393.85 -392.00 - 390.80 - 388.10 - 386.50 - 385.10 - 384.00

PUNJLLYOD CASH/FUT

BUY ABV 210.00 TGT 211.00 - 212.65 -214.10 - 215.70 - 217.00 - 219.00
SELL BELOW 208.00 TGT 206.85 - 205.00 - 203.75 -202.25 - 201.00

TATASTEEL CASH/FUT

BUY ABV 636.00 TGT 637.50 - 638.00 - 640.20 - 642.55 - 644.80 - 647.00 -649.50

SELL BELOW 632.00 TGT 630.00 - 628.10 - 626.85 - 624.00 - 621.10 - 618.00

ROLTA CASH/FUT

BUY ABV 201.30 TGT 202.40 - 204.00 - 205.45 - 207.00 - 208.60 - 210.00 -211.60

SELL BELOW199.00 TGT 197.85 - 196.10 - 194.60 - 193.00 - 621.10 - 191.30 - 190.00

BUY AS DELIVERY FOR JANUARY-SHORT TERM AND ADD MORE IN DIPS

KSBPUMPS, NIITLTD, ASHOKLEY, STERLINBIO, WWIL, ALOKTEXT, MOSERBAER,

TARGET FOR OTHER STOCKS IN SHORT TERM

TATAMOTORS 860+

SAIL 250-260

SESAGOA 425-435

BANKINDIA 390-410

IDBI 150 - 160

JPASSOCIAT 160 -170

PRICE IN CASH EXCEPT BANK NIFTY. FUTURE TRADERS TO ADJUST PRICE IN OTHER SCRIPS

PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
FRIENDS MAY VISIT http://blueeye.11.forumer.com/index.php FOR MORE CALLS AND VIEWS OF EMINENT ANALYSTS.

DEEPA ACHARYA