CALLS FOR 03RD OCT 2013

SHREE GANESHAY NAMAH !!

NIFTY WEEKLY RANGE FOR THE WEEK 30TH SEP -- 04TH OCT 5728 -- 5940. Either Side Sustaining Will Give 100 Points More, High 5810.20, Low 5718.50, Closed 5780.05 !

Key benchmark indices edged higher on the first trading day of October 2013 as the rupee nudged higher against the dollar after data released by the Reserve Bank of India (RBI) on Monday, 30 September 2013, showed a lower-than-expected current account deficit in Q1 June 2013. Gains in Asian and European stocks aided upmove on the domestic bourses. The barometer index, the BSE Sensex, garnered 137.38 points or 0.71%, off 15.76 points from the day's high and up 252.43 points from the day's low. The market breadth, indicating the overall health of the market, was positive. Bond prices rose after the Reserve Bank of India (RBI) on Monday, 30 September 2013, said will infuse Rs 10000 crore into the banking system through open-market operations next week to ease liquidity constraints.

Indian stocks snapped two-day losing streak on 1 October 2013. The Sensex had lost has 514.08 points or 2.58% in two trading sessions to settle at 19,379.77 on Monday, 30 September 2013, from a recent high of 19,893.85 on 26 September 2013. The Sensex garnered 760.05 points or 4.08% in September 2013. The Sensex has gained 90.44 points or 0.47% in calendar 2013 so far (till 1 October 2013). From a 52-week high of 20,739.69 on 19 September 2013, the Sensex has declined 1,222.54 points or 5.89%. From a 52-week low of 17,448.71 on 28 August 2013, the Sensex has risen 2,068.44 points or 11.85%.

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

TRADING  CALLS

CASH

BUY BIOCON 331--333 SL 327 TGT 337 / 343
BUY CIPLA 429--432 SL 425 TGT 437 / 443

SELL HDFCBANK 615--620 SL 626 TGT 608 / 596
SELL RAYMOND 232--234 SL 237 TGT 227 / 222

FO

BUY GRASIM 2625--2645 SL 2595 TGT 2668 / 2700

SELL RANBAXY 359--365 SL 370 TGT 352 / 340

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