INTRA DAY PICKS ON 12.03.2010

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 9184.60

BUY ABV  9180.85 TGT 9200.00 - 9222.50 - 9240.80 - 9256.85 - 9273.80 - 9295.30

SELL BELOW  9148.20 TGT 9120.10 - 9100.00  9078.25 - 9058.15 - 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  1018.25 TGT  1020.50 - 1023.80 - 1027.50 - 1031.85 - 1034.00 - 1036.80 - 1040.00 - 1043.10 - 1047.25 - 1051.00 - 1054.25 - 1060.30

SELL BELOW  1014.00  TGT   1010.20 -1004.25 -1000.30 - 997.50 - 993.25 - 990.10 - 987.40 - 985.00 - 982.10 - 980.00

TRAIL WITH MIN 5-8 POINTS SL

VOLTAS CASH/FUT

BUY ABV 171.25 TGT 173.35 - 175.50 - 178.00 - 181.65 - 182.95 - 184.20 - 185.80

BOMDYEING CASH/FUT

BUY ABV 573.00 TGT  575.85 - 578.00 - 581.20 - 584.00 - 587.10 - 590.00 - 594.00

SELL BELOW 568.00 TGT 566.00 - 563.20 -560.10 - 557.85 -  555.00 - 552.80  - 550.00

SOBHA CASH/FUT

BUY ABV 281.00 TGT 282.50 -284.00 - 285.65 - 287.80 - 290.00 - 292.15 - 294.00 - 296.00

SELL BELOW 278.00  TGT 277.00 - 275.65 -  273.25 -269.00 - 267.45 - 266.15 - 264.85

SASKEN CASH/FUT

BUY ABV 173.00 TGT 174.45 - 176.00 - 177.85 - 179.25 - 181.00 - 183.20 - 185.00
SELL BELOW 171.00 TGT  170.00 -168.85 - 167.00 - 165.45 - 163.85 - 162.00 - 160.25

MIC CASH

BUY ABV 44.50 TGT 44.80 - 45.15 - 45.45 - 46.10 - 46.70 - 47.25 - 48.00 - 48.40

SELL BELOW 44.00 TGT 43.60  -43.25 - 43.00 - 42.50 - 42.20 - 42.00 - 41.70

RELMEDIA CASH/FUT

BUY ABV 223.50  TGT 225.00 - 226.00 - 227.90 - 229.50 -231.00 -233.00 - 234.55 - 236.40

SELL BELOW 220.00  TGT  218.20 -216.00 - 214.55 - 213.00 - 211.30 - 210.00

CESC CASH/FUT

BUY ABV 400.00  TGT 402.10 - 403.80 - 405.25 - 407.00 - 410.00 - 412.00 - 414.80 - 416.75

SELL BELOW 398.00  TGT 397.00 - 395.70 - 395.00 - 393.25 - 390.00 - 387.60

FORTIS CASH

BUY ABV 178.00  TGT 179.25 - 181.00 - 182.65 -184.25 - 186.00 - 187.85 - 189.00 - 191.25 - 193.10

SELL BELOW 176.00  TGT 174.85 - 172.00 - 170.10 - 168.40 - 166.95 - 165.00

HAVELLS CASH

BUY ABV 550  TGT 553.10 - 555.25 - 557.90 - 562.35 - 565.00 - 568.10 - 572.00 - 575.65 - 578.50

SELL BELOW 544.00  TGT 542.00 - 540.10 -538.00 -534.75 - 530.45 - 527.10 - 525.00 -520.00

WIPRO CASH/FUT

BUY ABV  711.00 TGT 713.00 - 715.25 - 718.00 - 720.65 - 722.30 - 725.00 - 727.90 - 730.00

SELL BELOW 706.00 TGT 704.20 - 702.10 - 700.00 - 698.55 - 696.40 - 694.55 -692.00

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