CALLS FOR 05TH SEPTEMBER 2013

SHREE GANESHAY NAMAH !!

NIFTY WEEKLY RANGE FOR THE WEEK 01ST SEP -- 05TH SEP 5245 -- 5706. Either Side Sustaining Will Give 140 Points More, High 5580.95, Low 5318.90, Closed 5448.10 !

Metal, pharma shares lead recovery :

Key benchmark indices surged and the rupee rose against the dollar after it became clear that the two missiles that landed in the Mediterranean region on Tuesday, 3 September 2013, weren't part of a US led military strike in Syria, as investors had feared. The barometer index, the S&P BSE Sensex, jumped 332.89 points or 1.83%, off 45.05 points from the day's high and up 379.12 points from the day's low. Intraday volatility was high. The market breadth, indicating the overall health of the market, was positive.

The Sensex had tumbled 3.45% on Tuesday, 3 September 2013, after Russian news agencies reported that two missiles were launched in the Mediterranean region. Earlier, the Sensex had gained 918.05 points or 5.11% in four trading sessions to settle at 18,886.13 on Monday, 2 September 2013 from a recent low of 17,968.08 on 27 August 2013. The Sensex has declined 52.17 points or 0.28% in September 2013 so far (till 4 September 2013). The Sensex lost 725.98 points or 3.75% in August 2013. The Sensex has declined 859.16 points or 4.42% in calendar 2013 so far (till 4 September 2013). From a 52-week high of 20,443.62 on 20 May 2013, the Sensex has fallen 1,876.07 points or 9.18%. From a 52-week low of 17,250.80 on 5 September 2012, the Sensex has risen 1,316.75 points or 7.63%.

NOTE : AFTER 1ST TGT HIT REVISED SL TO COST PRICE TO AVOID LOSS IN PROFIT !!

TRADING CALLS :

CASH

BUY MARUTI 1266--1275 SL 1254 TGT 1284 / 1298 / 1310
BUY GAIL 299--302 SL 295 TGT 305 / 309 / 313

SELL BHEL 129--132 SL 136 TGT 125 / 122 / 118
SELL CIPLA 423--426 SL 230 TGT 418 / 413 / 409

FO

SELL TCS 2060--2080 SL 2105 TGT 2045 / 2019 / 1990

DISCLAIMER : THE TEAM IS NOT RESPONSIBLE FOR ANY LOSSES OCCURED DURING ANY TRADE !!