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

• Stock Market Pre-opening Outlook: On friday, Indian market opened with really high gains of 70 points due to major support from global market as US growth digits came quite positive and Dow Index closed with 200 points gains. All EU and Asian markets were trading with 2% to 3% gains. But higher inflation and issues of loans to reality giants caused indian market to tanked 500 points and closed with really strong selling pressure. Finally nifty closed with 38 points losses but below its major support level 4730. Last week reality index tanked 15%, bank, small cap and mid cap index tanked 8%, Auto index tanked with 2.5%. On friday american index DOW Jones was dragged down by 250 points and nasdaq by 52 points. Government will really face pressure in maintaining balance between developement and inflation. I am expecting nifty to open flat but at 12:30pm to 1 PM i am seeing trend reversal for a day. But i am seeing nifty going below 4690 levels and if 4685 levels is broken on closing basis then we can see Nifty tanking till 4580 levels in next 2 days. But i am still confident about nifty that it wont go below 4500 levels before starting upward journey. So don’t panic and start selling your position but don’t invest like for 3 years as none cn predict market so better to invest for return.
  
• Nifty Levels: Current 4711 Support Level 4685, 4650, 4580 Resistance Level 4730, 4745, 4790
• NOTE: If nifty wont close below 4550 any day then start buying slowly and exit all your short positions.
• Short Cash/Future Airlines Stocks: KingFisher and JetAirways (Target 5%-8% down intra)
• Buy Cash Sugar Stocks: Renuka Sugar, EID Parry, Sakthi Sugar and Andhra Sugar
  
• CASH: Sell Reliance Communication Below 174.75  Intra Target 167, 162 Short Term Target 155, 152 Stop Loss 178
• CASH: Sell Suzlon Energy Below 66  Intra Target 60, 58.5 Short Term Target 55 Stop Loss 69
• CASH: Sell Wockhardt Ltd Below 169.3  Intra Target 166, 164 Short Term Target 160 Stop Loss 173
• CASH: Buy Amar Raja Batteries Short Term Target 158, 162 Medium Target 175, 190 Stop Loss 142
• CASH: Buy Maruti Suzuki Short Term Target 1480, 1525, 1575 Stop Loss 1345
• CASH: Buy Era Infra Above 186.5 Intra Target 190, 194 Stop Loss 182
• WEEKLY CASH: Buy Bartronics above 143 Target 155, 162, 167 Stop Loss 136
• CASH: Buy Opto Circuit above 199.5 Intra Target 204, 206 Short Term Target 215 , 1 Year Target 285, 300
• LONG CASH: Buy Bajaj Auto For 150% return in next 2-2.5 years
• INTRADAY FUTURE: Sell RComm below 173 Target 166, 163 Stop Loss 178
• INTRADAY FUTURE: Buy Cairn India: Target 4%
• INTRADAY FUTURE: Short King Fisher Intra Target 6% down
• WEEKLY FUTURE: Buy SBI above 2190 Target 2235, 2260, 2300 SL 2174
• WEEKLY FUTURE: Buy BEL above 1442 Target 1470, 1490 Stop Loss 1414
• WEEKLY FUTURE: Buy Rolta India above 172 Target 178, 184, 190 Closing Basis with SL 164
• POSITIONAL FUTURE: Buy Punj Lyodd  Above 204.8 Target 225, 235 Stop Loss 196 (Exit below 196 closing any day)
• POSITIONAL FUTURE: Buy FSL and Rolta for 10% return
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