Tuesday, October 30, 2007

Intraday Calls for 30th October

Market will continue its bull run and today nifty can touch 6000. If no change in CRR & Repo or cut in rates then market will zooooom to new highs.

Buy for Intraday:

Dewan Housing (102) Target 108-110 SL 100
GIC Housing (64.75) Target 68-70 SL 63
Torrent Power (162) Target 165-168 SL 160
Bombay Dyeing (743) Target 775-790 SL 735
Bharat Forge (352) Target 360-365 SL 348
TTML (47.5) Target 50 SL 46.5
Jindal Saw (739) Target 760-775 SL 730
Can Fin Homes (71) Target 75+ SL 70
PSL (452) Target 465 SL 446

Keep an eye on all banking stocks like Syndicate Bank, Andhra Bank, BOB, Yes Bank etc. If no change of cut in rates then banking stocks will zoooooooom.

Others: Gallant Metal, Paramount Communication, DCW, BHEL, L&T, NIIT Ltd.

Good Luck

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