August 02, 2010

TRADING STATEGY OF 3rd AUG






 NIFTY FUT (5440) - Last few days written here, below 5410 next down target 5360-5345. now If trade and stays below 5345, then next down target 5240-5220. Upside hurdle remain same at  5460-5480 & 5520.




                                        ACC SHORT TERM CALL


ACC (834) - As per last post, once again remind 825-815 support . But trade and close below this level , then it crack to 710-690 and after that 640-630.If trade and close above 844-849, take it to 885 & 900 and after that 915-925.





 TORNTPOWER SHORT TERM CALL





TORNTPOWER (346) - above 342, last hurdle 347 above these level take it 351, 370 & 432.





BANKINDIA SHORT TERM CALL


BANKINDIA (410) - Break below 402 expect minimum correction 387-380. But above 411, take it to 463-474 & 496. 

- On yesterday too recommended written here, above 411 going to attack 463-474 whereas with in one days, it went upto 440 and closed at 439.