Intraday Calls Today 01/12/2009

1. Pantaloon Retail Dec. Future (Rs. 350)]
1. Pantaloon Retail Dec. Future (Rs. 350)

Buy only in the region 349-352 with a stop loss below 345 for an intra-day target of 363.

2. Orchid Chemicals Dec. Future (Rs. 193)

Buy only in the region 191-193 with a stop loss below 189 for an intra-day target of 200.

3. Larsen & Turbo

Weekly Trend Decider 1593. Close below 1600-1575 are short term weakness established. Higher level multiple resistance are 1620-1630 and its not easy task to cross this level.

4. ONGC

Lower level support are 1100-1110 and decline to buying opportunity. Real strength show only above 1210. Weekly Trend Decider 1163.

5. TATA POWER

Weekly Trend Decider 1330. Lower level support are 1335-1325, above 1350 more up side.

6. SUZLON ENERGY

Weekly Trend Decider 72.... Overall looks good. Major resistance 79 to 80 range.

7. UNITECH

Weekly Trend Decider 78 . Today resistance are 83... real strength only above that level. On reversal selling opportunity.

8. HDIL

Weekly Trend Decider 316. Correction rally continue which will face resistance are 346.

9. SAIL

Weekly Trend Decider 191.Stop loss 180 for long position. Target 215 +. Above 190 bullish. Decline to best buy.....

10. GSPL

Above 97 looks very very hot and hold your position too target are 107-110.

Note: More intra-day opportunities will be provided live during the market hours ......

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Day trading is risky form of trading and traders should not have a misconception that it will help in becoming them rich overnight. Stocks should be selected from different industries and more number of trades should be planned to earn good returns.