Calls for 21st October, 2009

Nifty has made a double top at 5182 and can come down to 5080-5065-5034 levels. A good oppurtunity to buy if it happens and reversal will be very fast.

ACC sell below 780 with stop at 790 for 755
Andhra Bank stop 119.5 buy for 125-128
Axis Bank stop 1008 sell for 975-945
BOB stop at 540 sell for 512-500
BEL stop 1550 sell for 1500-1450
BPCl buy with a stop at 523 for 545
Canara Bank below 377 sell for 368 with stop at 383
HCL Tech stop 306 buy for 324
HDFC sell for 2680 with stop at 2850
HDFC Bank sell for 1645 with stop at 1700
Hero Honda stop 1630 buy for 1700-1730
Hindalco stop 138 buy for 146-153. In case it stops out and comes near 132 then again buy with stop at 132
ICICI Bank stop 950 sell for 920
IDFC stop 163 sell for 152.5-150
IOB sell for 133-130 with stop at 141
ITC sell below 248 for 244 with stop at 250
Kotak Bank buy around 800 if it comes there.
LT sell below 1665 for 1630 with stop at 1675
M&M buy around 880
Maruti stop 1530 buy for 1580-1620
Siemens sell for 565 with stop at 585
Tata Motor above 592 buy for 620 with stop at 580
Tata Steel stop 581 sell for 560
Union Bank stop 280 sell for 252
ZEE stop 250 sell for 234-225
Century can come down to 515.
DLF hold for at least 500. Can come down to 440 if markets are very bad.
Essar Oil stop 168 sell for 158
IBReal below 283 sell for 275-268 with stop at 288
Power Grid Stop 111 buy for 114-116.5
Praj Above 105 buy buy buy
Unitech stop 105 buy for 111.5
GMDC stop 113 buy for 118
Rolta stop 192 sell for 184-181-176
Ultra Tech stop 845 sell for 800-780

Happy Trading!!!!!!!