CALLS FOR 12TH 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 5924.35, Low 5738.20, Closed 5913.15 ! 

BSE Small-Cap, Mid-Cap indices outshine Sensex

Further gains in rupee against the dollar aided intraday recovery on the domestic bourses. The barometer index, the S&P BSE Sensex, ended almost unchanged for the day. The 50-unit CNX Nifty attained 7-week closing high. The Sensex settled slightly below the psychological 20,000 level, having alternately moved above and below that mark in intraday trade. The Sensex rose 0.36 points to 19,997.45, up close to 220 points from the day's low and off about 55 points from the day's high. The market breadth, indicating the overall health of the market, was strong. BSE Small-Cap and Mid-Cap indices rose more than 1% each, with both these indices outperforming the Sensex.

Share prices were volatile today, 11 September 2013, after Tuesday's rally. The Sensex had jumped 3.77% on Tuesday, 10 September 2013, after the latest data showed that India's trade deficit, the key driver of the country's large current-account deficit, narrowed to five-month low in August 2013.

The Sensex has garnered 1,762.79 points or 9.66% in five trading days from a recent low of 18,234.66 on 3 September 2013. The Sensex has gained 1377.73 points or 7.39% in September 2013 so far (till 11 September 2013). The Sensex has risen 570.74 points or 2.93% in calendar 2013 so far (till 11 September 2013). From a 52-week high of 20,443.62 on 20 May 2013, the Sensex has fallen 446.17 points or 2.18%. CAPITAL MARKET !

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

TRADING CALLS :

CASH

BUY BHEL 139--141 SL 136.50 TGT 144.50 / 148

BUY GAIL 302--304 SL 298 TGT 306.50 / 310

SELL AMBUJACEM 186--188 SL 191 TGT 183.50 / 180

SELL COAL 294--296 SL 299 TGT 291 / 287

FO

BUY CAIRN 318--322 SL 313 TGT 325.50 / 328 / 332

SELL SBIN 1702--1720 SL 1732 TGT 1682 / 1660 / 1620

 

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