SHREE GANESHAY NAMAH !!
NIFTY WEEKLY RANGE FOR THE WEEK 10TH SEP -- 13TH SEP 5480 -- 5886. Either Side Sustaining Will Give 90 Points More,
Key benchmark indices edged higher in the last week as the rupee recovered 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, the S&P BSE Sensex, regained the psychological 19,000 level after sliding below that level during the week. The market gained in four out of five trading sessions in the week.
In the foreign exchange market, the rupee strengthened against the dollar after the new central bank Governor Raghuram Rajan announced plans late on Wednesday, 4 September 2013 to stabilize the rupee. The partially convertible rupee was hovering at 65.23, stronger than its close of 65.70/71 on Friday, 30 August 2013 and an all time low of 68.85 hit on 28 August 2013.
NOTE : AFTER 1ST TGT HIT KINDLY THE SL TO COST PRICE !
TRADING CALLS :
CASH
BUY BANKBARODA CMP 480--484 SL 474 TGT 488 / 495
BUY COAL INDIA 274--276 SL 271.50 TGT 278.50 / 282 / 285
SELL ONGC 291--293 SL 296 TGT 286 / 283 / 280
SELL BHARATIAIR 316--319 SL 324 TGT 312 / 308 / 304
FO
SELL ICICIBANK 957--965 SL 975 TGT 949 / 935 / 925
DISCLAIMER : THE TEAM IS NOT RESPONSIBLE FOR ANY LOSSES OCCURED DURING ANY TRADE !!
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