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Wednesday, July 16, 2008

Intraday calls for 16July

Pre-market calls-

SBI abv 1160
tgt-1175-83

Walchandnagar abv 298
tgt-303-08

Sell HCL below 210
tgt-206-02

Look at the market trend before doing intraday trading!!
========================================
Break of 3830 support level will lead to more downside towards 3780-3740 levels,a technical bounce back from the lower side cant be ruled out,so try to book profits in all shorts and puts on the lower side. Buy some call options (like 4000) at lower levels for gain in quick span.

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