INTRA DAY PICKS ON 16.03.2010

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 CMP 9081.20

BUY ABV  9100.00 TGT  9120.10 -9145.25 - 9168.75 - 9185.60 - 9200.10 - 9218.65 - 9235.25 - 9255.45

SELL BELOW 9049.00 TGT 9029.60 -9011.20 - 8989.50 -  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 1031.85 - 1034.00 - 1036.80 - 1040.00 - 1043.10 - 1047.25 - 1051.00 - 1054.25 - 1060.30

SELL BELOW  1023.80 TGT 1018.15 - 1014.00 - 1010.20 -1004.25 - 1000.30 - 997.50 - 993.25 - 990.10 - 985.00 -  980.00

TRAIL WITH MIN 5-8 POINTS SL

CESC CASH/FUT

BUY ABV 412.90  TGT 413.85 - 415.60 -418.00 - 420.30 -422.50 - 425.10 -426.95 - 430.00 - 432.65

SELL BELOW 409.00 TGT 407.65 - 405.00 -403.60 - 401.25 -  399.25 - 397.60  - 395.00 - 392.85

PATELENG CASH/FUT0

BUY ABV 451.00 TGT  452.75 - 454.60 - 456.25 - 458.45 - 460.30 - 462.15 - 464.25

SELL BELOW 441.00 TGT 439.20 - 437.00 -435.15 - 433.20 -  431.15 - 428.00  - 425.00

PATNI CASH/FUT

BUY ABV 527.00 TGT 528.00 - 530.85 - 533.00 - 534.85 - 537.60 - 539.25 - 540.95 - 543.00

SELL BELOW 522.50  TGT 520.25 - 518.40 - 516.25 - 514.00 - 511.60 - 510.00 - 508.10

SUNTV CASH/FUT

BUY ABV 414.40 TGT 416.00 - 418.00 - 420.15 - 422.30 - 425.00 - 427.30 - 429.90
SELL BELOW 409.85 TGT  408.65 - 407.15- 405.00 - 403.15 - 402.00 - 400.00 - 398.15

PUNJLLOYD CASH/FUT

BUY ABV 173.55 TGT 174.15 - 174.75 - 175.80 - 177.55 - 178.65 - 179.30 - 180.40 - 181.85
SELL BELOW 172.75 TGT 172.10 - 171.50 - 170.85 - 170.00 - 169.20 - 168.45 - 167.60

BATAINDIA CASH

BUY .ABV  242.50 TGT 243.40 - 245.00 - 246.10 - 247.60 - 248.70 - 249.85 - 251.00 - 252.50

SELL BELOW 239.80  TGT  238.90 - 237.00 - 235.85 - 234.60 - 233.25 - 232.10

LITL CASH/FUT

BUY ABV 54.75  TGT  55.20 - 55.85 - 56.40 - 57.30 - 58.00 - 58.90 -59.65

SELL BELOW 54.00  TGT 53.55 - 53.00 - 52.60 - 52.10 - 51.65 - 51.00

BHARTIARTL CASH/FUT

BUY ABV 300.50  TGT 301.50 - 303.15 - 305.00 -307.25 - 309.00 - 310.65 - 312.00 - 314.20 - 316.10

SELL BELOW 297.00  TGT 295.85 - 293.15 - 291.00 - 289.10 - 287.00 - 285.00

RAJESHEXPO CASH

BUY ABV 104.00  TGT 104.90 -105.60 - 106.35 - 107.50 - 108.40 - 109.25 - 110.00 - 110.85 - 111.55

SELL BELOW 102.75  TGT 102.00 - 101.35 -100.50 - 99.85 - 99.00 - 98.45 - 97.80 - 97.00

SASKEN CASH/FUT

BUY ABV  185.15 TGT 186.00 - 187.20 - 188.65 - 189.40 -191.00 - 193.00 - 194.35 - 196.00

SELL BELOW 182.70 TGT 181.75 - 180.00 - 178.65 - 177.00 - 175.90 - 174.65 - 175.00

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