[ 21/08/2007] Calls...

BEST BUY

JSW STEEL (BUY) 581 (Target1) 587 ( Target 2) 591 (Sl) 572

RCOM (BUY) 510 (Target1) 516 ( Target 2) 521 (Sl) 502

DLF (BUY) 585 (Target1) 590 ( Target 2) 596 (Sl) 577

[ 21.08.07 ] Market Forecast

The indian markets again danced to the tune of global markets yesterday. As the dow has closed in green, the world markets are expected to trade in green only. But still, i am not convinced about the sustainability of this rally and i still advise all not to go long till the nifty closes above 4260+.

Today, market may open flat or positive attached with high volatility and remain long only above 4200 with SL 4185 for a tgt of 4280-4310. If it remains below 4195 keep short with SL 4215 for tgt 4120-3990. dont short blindly. Play with the mood of the market and mint money will be the mantra for the day.... Best wishes for a safe trading..

[20/08/2007] Calls...

BEST BUY

IB REAL EST (BUY) 461 (Target1) 467 ( Target 2) 473 (Sl) 447

ORBIT CORP (BUY) 439.8 (Target1) 445 ( Target 2) 451 (Sl) 420

IDBI (BUY) 119 (Target1) 123 ( Target 2) 126 (Sl) 113

[17/08/2007] Calls...

BEST BUY

MPHASIS (BUY) 284 (Target1) 288 ( Target 2) 292 (Sl) 277

EVERONN (BUY) 570 (Target1) 577 ( Target 2) 584 (Sl) 559

POLARIS (BUY) 115 (Target1) 118 ( Target 2) 121 (Sl) 112

[17.08.07] Market Forecast

Market as expected crashed in a brutal way yesterday. The dow closed in flat but in red today and the indian market is expected to rebound today. Bears will use every dead cat bounce to hammer the market again and the bulls will have to try hard to regain their lost glory...Use every rise to escape from the market.

Today, market may open flat or positive attached with high volatility and remain long only above 4225 with SL 4208 for a tgt of 4310-4360. If it remains below 4220 keep short with SL 4238 for tgt 4110-4050. dont short blindly. Play with the mood of the market and mint money will be the mantra for the day.... Best wishes for a safe trading..