Nifty Weekly Range For The Week 19th Aug To 23rd Aug 5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5499.65, Low 5360.65, Closed 5414.75.
Indian stocks fell for second day in a row on monday, 19 August 2013. The Sensex has lost 1,060.07 points or 5.47% in two trading sessions from a recent high of 19,367.59 on 14 August 2013. The Sensex had tumbled almost 4% in a single trading session on Friday, 16 August 2013, as the Reserve Bank of India's (RBI) curbs on forex outflows to stem the rupee's slide spooked investors. The Sensex has fallen 1,038.18 points or 5.37% in this month so far (till 19 August 2013). The Sensex has declined 1,119.19 points or 5.76% in calendar 2013 so far (till 19 August 2013). From a 52-week high of 20,443.62 on 20 May 2013, the Sensex has fallen 2,136.10 points or 10.45%. From a 52-week low of 17,250.80 on 5 September 2012, the Sensex has surged 1,056.72 points or 6.13%.
NOTE : KINDLY REVISED THE STOPLOSS TO COST PRICE AFTER 1ST TGT HIT !
TRADING CALLS
CASH
BUY RELIANCE CMP 820 SL 802 TGT 823 / 850
BUY BANKOFINDIA CMP 154 SL 148 TGT 158 / 163
SELL TATAMOTORS BELOW 298 SL 305 TGT 290
SELL WIPRO CMP 456 SL 466 TGT 450 / 442
FO
BUY BANKNIFTY AROUND 9070--9160 SL 8950 TGT 9275 / 9425 / 9560 FOR 2-3 DAYS
BUY ICICIBANK 802--820 SL 790 TGT 834 / 846
DISCLAIMER : THE TEAM IS NOT RESPONSIBLE FOR ANY LOSSES OCCURED DURING ANY TRADE !
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