Nifty Weekly Range For The Week 05th Aug To 09th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5661.50, Closed 5685.40.
MARKET NEWS :
PSU OMCs tumble as rupee hits record low
Banking and metal stocks lead decline
PSU OMCs fell on a weak rupee, with BPCL hitting a 52-week low. Realty stocks dropped, with DLF hitting a record low. IT stocks were mixed.
TRADING CALLS :
CASH MARKET CALLS :
BUY BPCL SL 185 CMP 189 TGT 198
BUY RANBAXY SL 264 CMP 270 TGT 282
SELL RELCAP BELOW 302 SL 308 TGT 290
SELL CAIRN BELOW 286 SL 290 TGT 280
FO MARKET CALLS :
BUY ICICIBANK 860--870 SL 840 TGT 888 / 902
BUY JUBLFOOD 1090--1105 SL 1070 TGT 1125 / 1145
SELL GAIL 306--309 SL 311 TGT 298
DISCLAIMER : THE TEAM IS NOT RESPONSIBLE FOR ANY LOSSES OCCURED DURING ANY TRADE !
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