CALLS FOR 11TH SEP 2013

SHREE GANESHAY NAMAH !!

NIFTY WEEKLY RANGE FOR THE WEEK 10TH SEP -- 13TH SEP 5480 -- 5886. Either Side Sustaining Will Give 90 Points More, High 5904.85, Low 5738.20, Closed 5896.75 ! 

Sensex advances 9.66% in four days; scales nearly seven week high :

Key benchmark indices galloped as the rupee extended recent recovery against the dollar on receding geopolitical risks from Syria. Gains in global stocks also underpinned sentiment. The barometer index, BSE Sensex, scaled nearly seven week closing high, with the index closing a tad lower from the psychological 20,000 mark after kissing that mark in late trade. The CNX Nifty hit 6-1/2 week closing high. The S&P BSE Sensex was up 727.04 points or 3.77%, up close to 550 points from the day's low and off about 15 points from the day's high. The market breadth, indicating the overall health of the market, was strong. All the thirteen sectoral indices on BSE were trading in the green.

Indian stocks gained for the fourth straight day today, 10 September 2013. The Sensex has garnered 1,762.44 points or 9.66% in four trading days from a recent low of 18,234.66 on 3 September 2013. The Sensex has gained 1377.38 points or 7.39% in September 2013 so far (till 10 September 2013). The Sensex has risen 570.39 points or 2.93% in calendar 2013 so far (till 10 September 2013). From a 52-week high of 20,443.62 on 20 May 2013, the Sensex has fallen 446.52 points or 2.18%. From a 52-week low of 17,448.71 on 28 August 2013, the Sensex has risen 2,548.39 points or 14.6%.

Coming back to today's trade, index heavyweight and cigarette maker ITC surged. Reliance Industries also edged higher. Auto stocks led today's market rally. Tata Motors surged to record high after its UK-unit Jaguar Land Rover today, 10 September 2013 reported strong sales in August 2013. Capital goods gained on fresh buying. : Capital Market !

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

TRADING CALLS :

CASH

BUY ABAN OFF 227--229 SL 224 TGT 232 / 235 / 238

BUY BPCL 297--299 SL 293 TGT 302 / 306 / 309

SELL BHEL 145--147 SL 149 TGT 141 / 137

SELL REL CAP 347--349 SL 356 TGT 342 / 337 / 331

FO

BUY BIOCON 338--342 SL 332 TGT 346 / 350 / 355

BUY IOC 222--225 SL 217 TGT 228 / 232 / 237

SELL ACC 1028--1039 SL 1055 TGT 1017 / 1001 / 988

SELL SRTRANS 572--579 SL 588 TGT 565 / 558 / 550

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