Trading Calls for 26 August

By | August 26, 2008

Nifty likely to open gap up

Resistance comes around 4376 as excellent recovery seen today

SBI should range between Rs.1,352 and Rs.1,399. Buy at the lower end of the band with a stop of Rs.1,343 and opens high and sell around Rs.1,402 with a stop of Rs.1,408/1,418.

BHEL looks an excellent buy around 1721 buy for a tgt of 1741 (Broken Lies resistance)than 1782

LT has broken out of 2606 range except buying in this counter.

Kotak Bank (Chart updated in previous post) Tgt is 613 Sl 579

As i was typing this post Nifty Futures at SGX up by 37 points Voila!!!

Leave a Reply