Today’s Stock Market Sensex & Nifty (Cash and Options) Free Trading Calls

• Stock Market Pre-opening Outlook: As expected market was tanked after touching 4730 levels nifty was tanked to touch 4350 level in last 3 days. But at 4350 it has found major support and all global market started showing some recovery. US and EU markets were closed up with 1-1.5% gains and All rest Asian market trading with 2-3% gains. Finance Ministry changed direct tax rules which are going to be effective from 1 april 2011. This rules are really positive for “Aam Aadmi” Like hiked tax baracket, removal of STT and many more to list here. India’s Industrial Output accelerated to 7.8% for june. I am expecting nifty to open above 4475 levels and can go above 4520 resistance level in early trade.
• Nifty Levels: Current: 4457 Support Level 4440, 4390, 4350 Resistance Level 4475, 4520, 4557
• Buy Tata Chemicals: CMP 260.15, Target 267, 269 Short Term Target 281 Stop Loss 249
• Buy GMDC: CMP 91, Target 97, 99 Short Term Target 120 Stop Loss 84
• Buy Mphasis Ltd: CMP 500, Target 520, 532 Short Term 537 Stop Loss 492
• Buy Sita Shree Food: CMP 12.54, Target 14.5, Short Term Target 16 Stop Loss 11.9
• Buy Orchid Chemicals: CMP 101.3, Target 104, 107 Stop Loss 98
• Buy DLF: CMP 373, Target 385, 392, 398 Short Term Target 410 Stop Loss 352
• Buy Neyveli Lignite: CMP 129.3 Short Term Target 142 Stop Loss 124 (No Intraday)
• Buy Ashapura Minechem: CMP 40.4 Short Term Target 48, 52 Stop Loss 34 (No Intraday)
• Buy Sesa Goa: CMP 228 , Target 237, 240 Stop Loss 223 (Only Intraday)
• Buy Cadila Healthcare: Short Term Target 510 (No Stop Loss )
• Buy JP Assoc: CMP 206 Target 235 ( 5-7 Days) Stop Loss 201
  
• Option Trading: Buy CALL 4600 Nifty @ 74-80 Day Target 95, 101 Short Term Target 120 Stop Loss 64
  
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