CALLS FOR 06TH SEP 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 5625.75, Low 5318.90, Closed 5592.95 !

Bank stocks soar on fresh measures by new RBI chief :

Key benchmark indices surged and the rupee rose against the dollar after the new central bank Governor Raghuram Rajan announced plans late on Wednesday to bolster the financial industry and stabilize the rupee. The barometer index, S&P BSE Sensex, and the 50-unit CNX Nifty, both, settled at over three-week high. The Sensex jumped 412.21 points or 2.22%, up 132.74 points from the day's low and off 137.76 points from the day's high. The market breadth, indicating the overall health of the market, was strong. The Sensex fell below the psychological 19,000 mark, after regaining that mark in early trade.

Indian stocks gained for the second straight day today, 5 September 2013. The Sensex has garnered 745.10 points or 4.09% in two trading days from a recent low of 18,234.66 on 3 September 2013. The Sensex has gained 360.04 points or 1.93% in September 2013 so far (till 5 September 2013). The Sensex has declined 446.95 points or 2.3% in calendar 2013 so far (till 5 September 2013). From a 52-week high of 20,443.62 on 20 May 2013, the Sensex has fallen 1,463.86 points or 7.16%. From a 52-week low of 17,250.80 on 5 September 2012, the Sensex has risen 1,728.96 points or 10.02%.

NOTE : AFTER 1ST TGT HIT KINDLY THE SL TO COST PRICE !

TRADING CALLS :

CASH

BUY TITAN 228--231 SL 224 TGT 234 / 238 / 242
BUY WIPRO 464--467 SL 458 TGT 472 / 477 / 482

SELL TATAMOTORS 319--321 SL 325 TGT 316 / 312 / 307
SELL RANBAXY 440--445 SL 451 TGT 436 / 431 / 426
SELL RELCAP 334--336 SL 341 TGT 329 / 325.50 / 321

FO 

BUY INFY 2995-3015 SL 2965 TGT 3038 / 3076 / 3105
BUY TCS 1965--1975 SL 1945 TGT 1998 / 2025 / 2049

SELL SBIN 1665--1675 SL 1692 TGT 1641 / 1616 / 1601

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