Calls for 23rd October, 2009

Nifty should take support at 4945-4900 levels. 99% it will but if it does not then the slide could continue till 4800-4750 levels.

ACC sell around 770 with stop at 775 tgt 755-750
Aurobindo Pharma stop loss 818 sell for 770
Axis Bank stop loss 975 sell for 945
BOB buy around 485-490 levels
Bharat Forge stop loss 288 sell around 280-285 for 270-260
BPCL stop loss 530 sell for 505-490
BHEL buy around 2370 with stop at 2350
Cummins sell below 70 with stop at 375 for 360
HDFC buy around 2600
Hero Honda sell around 1610 with stop at 1620 for 1565
HPCL sell below 354 with stop at 360 for 337
HIndalco buy around 132
Hindustan Unilever stop 282 sell for 270
ICICI Bank support at 870
IDBI buy if it comes down to 120 levels
IOB stop 130 sell for 123
M&M has taken support. Buy till 880 for 920
MAruti should take support at 1440
Patni buy around 438-440 with stop at 435 for 450
PNB sell around 853-855 with stop at 860 for 840-835
Reliance Capital stop 905 target 875
Suzlon buy around 77-80
TCS buy around 600
Vijaya BAnk stop52.5 tgt 50
ZEE sell below 234 for 225 with stop st 240
CEntury Textiles buy around480-490 levels
DLF should not break 440-435
HDIL stop 390 sell for 360
IBReal sell around 280-283 with stop at 288 for 268
Punj buy around 250
CESC sell with stop at 385 for 370
Deccan Chonicle sell with stop at 147 for 132
IRB Infra sell with stop at 239 for 224
IVRCl sell with stop at 383 for 368
JIndal Stainless sell for 104 with stop at 112
Mercator Lines sell for 61 with stop at 65.5
REC sell for 190 with stop at 205

Happy Trading!!!!!!!!!