Post Session
SMS ON YAHOO TO SUB-BROKERS
DATE : 28/07/2010
GM - Total OI of NIFTY FUT flat with increasing volumes showing
rollover of longs to next series. Put writing seen in 5500PE in small
quantity. we expect NIFTY SPOT will try to touch 5470-80 lvls,
S 5410-20 for today.
Cement sector showing delivery based buying in last session.
intraday - Buy HINDPETRO FUT at 443-444 tgt 455 SL below 438
intraday - Buy PRATIBHA at 422-23 tgt 435+ SL below 416
intraday - Sell IDBI FUT below 118.70 tgt 117 SL above 119.40
intraday (previous call) - Exit HINDPETRO FUT long position.
CMP at 440
intraday - Buy ARSSINFRA above 1283 tgt 1320 SL below 1265
intraday - book 50% profit in IDBI FUT short position. CMP at 117.70
intraday - Sell SUZLON FUT below 58.60 tgt 57.50 SL above 59.10
intraday - book remaining 50% profit in IDBI FUT short. CMP at 117.35
book 50% profit in ARSSINFRA . CMP at 1305
BOOK remaining 50% profit in ARSSINFRA. CMP at 1313
SUZLON FUT near key S 58.50, volumes still on lower side
STBT - PATNI FUT SL above 484
short term (previous call) - book profit in AEGISCHEM. tgt hit.
.....................................................................................................................................
1) NIFTY FUT :- OI up 24.15% with 19% increasing volumes. Fresh
longs build up. Buying seen in 5400 CE and 5500 CE. Aggressive put
writing seen in 5300 PE. Put writing seen in 5400 PE. NIFTY AUG
series PCR (OI) at 1.47 unchanged.
2) LONG POSITIONS :- ALBK, BALRAMCHIN, BANKBARODA, BRFL,
DENABANK, DRREDDY, FEDERALBNK, GSPL, HCLTECH, HDIL,
ICICIBANK, IDFC, IFCI, IOB, MCLEODRUSS, ORCHIDCHEM,
PETRONET, TTML, UCOBANK, UNITECH.
3) UNWINDING OF LONG POSITIONS :- ABAN, AMBUJACEM,
BAJAJ-AUTO, ISPATIND, RPOWER, TATASTEEL.
4) SHORT POSITIONS :- ABGSHIP, DABUR, GMDCLTD, HEXAWARE,
HINDALCO, HOTELEELA, INDIAINFO, JSWSTEEL, MLL, MOSERBAER,
ONGC, PRAJIND, RANBAXY, RCOM, RELIANCE, TATACOMM,
VIDEOIND.
5) SHORT COVERING :- APOLLOTYRE, CHENNPETRO, EKC, GAIL,
IDEA, IVRCLINFRA, SUZLON.
6) SECTORS TO WATCH NEXT SESSION :- BANKING, REALITY,
SUGAR.
:-: COMMENTS :-:
New series to begin with positive note.
RAVI TARDEJA
DATE :- 29-07-2010
TIME :- 20:18 P.M.