Srisai's Instinct Stock Calls from Dt: 04.11.2009

Srisai's Instinct Stock Calls from Dt: 04.11.2009

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 4559

Nifty Future crucial support at 4557 level... If this level does not hold for 2-3 days (Closing basis) further downside expected upto 4420-4300-4230 levels.... Mkt in Oversold region.... PCR ratio is at 0.80 level... So mkt may bounce back in short term (+100 to +150 likely in few sessions)... But NFut will have Strong resi @ 4721-4765 levels...



Dr.Reddy: cmp 1038

Buy Above 1060 level for Target 1135-1150 level.... Keep 1010 as Strict StopLoss...


Reliance Capital: cmp 693

Stock has fallen from Recent high range of 900-930 levels.... I think Almost Worst over for the Stock near term... Go LONG with Strict StopLoss of 630.....
Resi @ 745-775-783 levels.


Gujarat NRE coke: cmp 53

Stock has Good support at 55-56 levels.. Stock may try to cross this and try for 61-62 levels near term.... But If not able to cross 55-56 levels, then it could fall 49-46 levels...


Marico cmp 100

Stock has good support at 88-91 levels.. Keep This Level as Strict StopLoss and Go LONG.... 10-12 % uoside expected... But Keep Strict StopLoss.



GPIL(Godawari Power and ISpat Ltd): cmp 129

Stock has recently breached its Strong resi @ 146 levels... But now stock trades below this.... Stock may try reach that 146 level. So RISK Traders try this stock for LONG positions with Own StopLoss/Risk....


By


Srisai