Srisai's Instinct Stock Calls for Dt: 03.11.2009

Srisai's Instinct Stock Calls from Dt: 03.11.2009

This(Srisai's Instinct Stock Calls) will be a New Initiative of this blog to Publish Blog Author's Own Investment/Trading Calls for Short-Medium Term perspective. But All these Calls are not given on Purely Technical perspective. Most of these Calls are given by Blog Author from His past Investment/Trading experiences. So Do not expect More depth in Calls. Author has tried his best to give some calls for the benefit of Investors/Traders from his experience and from some media/web/news based call. So author request all the investors/traders to take/try these Calls as RISK CALLS. And Keep Strict Stop Loss Own (or) Keep Resi,Supp levels As Stop Loss for their Trading(or) Trade/Invest @ your Own Financial Risk. All type of Comments are Welcome about this New Initiative. Dont Forget to Keep Stop Loss and Again Author Remembering you that he is giving calls only from his past trading experience...



Nifty Future cmp 4707

Nifty's 200 DMA comes nearly at 4633-4626 levels.... That level should be strong support for the near term.... But if breaches that level, then could expect further 2-3 downside from there.... Immediate uptrend only above 4792 levels... Then 4880 level will act as a Strong Resistnce Zone.... Keep Watch these levels and Trade according to that... Other Supports are 4688-4654-4633...


Sterlite: Cmp 771

Stock has support at 737 levels... Short term investors Keep 705 level as Stoploss and Go Long.... Accumulate upto 737 range and Keep SL at 705 level... That is strategy... Buy in Small Qty...


Jetair: Cmp 379


Stock has support at 335-340 levels... Buy at that level if falls below 350 and keep Stoploss at 315 levels and Go Long.. Resi @ 415-420 levels... Furhter Resi at 434-455 levels.... Upside only above 420 levels...



Results Review:

1) HinduStan Lever, Suzlon, RCOM, Bharti, Hindalco results well Below mkt estimates...
2)PNB,Sterlite results well above mkt estimates.
3) Unitech Profit down 50%....
3) SBI, ICICI Bank Results above mkt estimates.... But ICICI Bank NPA is a concern...
4) Midcap results somewhat Ok than Largecaps...
5) Relinfra, JindalStel&Power are inline...




By Srisai