INTRA DAY PICKS ON 08.03.2010

PLZ READ THIS BEFORE TRADING....

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. FOLLOW WITH MINIMUM TWO LEVELS AS SL. CHOOSE YOUR SCRIPS AND TRADE IN QUANTITY THAT YOU CAN HANDLE.

BANKNIFTY FUT

BUY ABV 9100 TGT  9122.60 - 9148.00 - 9165.30 - 9180.85 - 9200.00 - 9222.50 - 9240.80

SELL BELOW  9048.50 TGT 9024.80 -9001.20 - 8986.50 -  8970.10 - 8954.35 - 8940.10 - 8921.30 - 8905.25 -  8890.00 - 8972.65

HIGHLY VOLATILE INDEX FUTURE. TRAIL WITH MIN 30-50 POINTS SL MAY TRADE WITH REFERENCE TO SUPPORT AND RESISTANCE OF NIFTY FUTURE. BOTTOM HUNTING WITH PROPER STOPS GIVES HIGH REWARD.

RELIANCE CASH/FUT

BUY ABV  1015.15 TGT 1018.20 - 1020.50 - 1023.80 - 1027.50 - 1031.85 - 1034.00 - 1036.80 - 1040.00 - 1043.10 - 1047.25 - 1051.00 - 1054.25 - 1058.00 - 1060.30

SELL BELOW  1010.00  TGT  1008.00 - 1005.00 - 1000.00 - 996.05 - 993.25 - 990.10 - 987.40 - 985.00

TRAIL WITH MIN 5-8 POINTS SL

BAJAJHIND CASH/FUT

BUY ABV 166.35 TGT 167.20 - 168.30 - 169.75 - 171.00 - 172.40 - 173.65 - 175.00

SELL BELOW 164.20 TGT 163.25 - 162.15 - 160.50 - 159.00 - 157.80 - 155.00

KLGSYSTEL CASH

BUY ABV 141.90 TGT 142.75 - 143.50 - 144.80 - 145.65 - 146.45 - 147.50 - 149.20 - 150.60

SELL BELOW 139.90 TGT 139.00 -137.65 - 136.20 - 135.00 -  133.85 - 132.10  -131.00

INDIAINFO CASH/FUT

BUY ABV 124.00 TGT 124.90 - 125.85 - 126.45 - 127.55 - 129.25 - 130.20 - 132.80 - 134.00

SELL BELOW122.60  TGT 121.80 - 120.95 - 119.65 -118.75 - 117.55  - 116.25 -115.00

JPASSOCIAT CASH/FUT

BUY ABV 146.75 TGT 147.50 -148.35 - 149.10 - 150.25 - 151.50 - 152.80 - 154.00 - 155.25
SELL BELOW 145.35 TGT  144.50 - 143.65 - 142.60 - 141.35 - 140.00 - 139.10 - 138.00

SIEMENS CASH/FUT

BUY ABV 712.60 TGT 714.65 - 718.00 -721.10 - 725.00 - 728.65 - 730.50 - 734.00 - 737.00

SELL BELOW 708.00. TGT 706.00 - 704.00 - 702.95 - 699.50 - 696.20 - 693.15 - 690.00

RENUKA CASH/FUT

BUY ABV 181.90  TGT 183.00 - 184.30 - 185.40 - 187.00 - 188.90 -190.50 - 191.80 - 193.40

SELL BELOW 180.50  TGT  179.65 - 178.50 - 177.00 - 175.60 - 174.00 - 172.80

NOIDATOLL CASH/FUT

BUY ABV 36.60  TGT 37.00 - 37.35 - 37.80 -38.20 - 38.45 - 38.70 - 39.10 - 39.35

SELL BELOW 36.15  TGT 35.90 - 35.75 - 35.55 - 35.20 - 35.00 - 34.70

DENABANK CASH/FUT

BUY ABV 86.40  TGT 87.00 - 87.50 - 88.25 - 89.10 - 90.00 - 90.85 - 91.55 - 92.30 - 93.00

SELL BELOW 85.40  TGT 85.00 - 84.55 - 84.00 - 83.60 - 83.00 - 82.65

JINDALSTEL CASH/FUT

BUY ABV 698.20  TGT 700.85 - 703.15 - 705.50 -708.60 - 711.00 - 714.30 - 716.85 - 719.80 - 722.00

SELL BELOW 692.45  TGT 691.10 - 689.00 - 685.10 - 681.55 - 677.20 - 674.00 - 670.15

VOLTAS CASH/FUT

BUY ABV  170.50 TGT 171.45 - 172.80 - 175.25 - 176.00 - 177.85 - 179.00 - 181.20

SELL BELOW 168.70  TGT 167.00 - 165.00 - 163.85 - 162.40 - 161.15 - 160.00 - 158.75

RED FIGURES ABOVE MAY ACT AS RESISTANCE AND SUPPORT

ABOVE PRICE IN SPOT 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 OUR FORUM http://blueeye.11.forumer.com/index.php FOR MORE CALLS AND VIEWS OF EMINENT ANALYSTS.

DEEPA ACHARYA