Stock Analysis 20Feb09

Stock Analysis 20Feb09
Intraday Trading Options Trading Stock Analyst Stock Analysis Stock Market Analysis Stock Technical Analysis Analysis of Stock Stock Market Technical Analysis

Stock Analyst Mr. Suresh Sharma
Mr. Suresh Sharma has a deep study for Intraday Trading & Options Trading. Professional Analyst serving Stock Market.
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20.02.09
Overviewmodified
2789
Premarket i had some buying calls for intraday , after 10.15 am we turn seller becouse the counter rally negated with minuete 2 days rally( 2737-2806 ) , now hope directional move will continue 1/3 day. shorted Bhel + Ril + Bharti sms @ 11am Nifty if close below 2720+17 then only hold short or if close above 2730+35 exit short
Last day bot 2750 nifty put @ 2785/90 ask to hold for 1/2 day only ( no time left for feb )




SMS 10.15 to avoid buy , and ask to short as above


Premarket
Overview
2789
Last day nifty rallied in poor range as i said ,today it will once again show minor rise, trade with SL ( 2755 ) must .



NIFTY
2789
Poor range, so avoid or use low volumefor intraday buy @ 2780+2772 with SL 2755 T 2791+2814 + 2826
Avoid feb option no time left and also poor range


ONGC
680.25
For intraday buy with SL 671, safe buy @ 677+75 T 684 + 690 above it then 694+696 possibility also (1a)
intraday trader can buy 690+700 call as per cash label , avoid position of feb


REL
508.50
For intraday buy with SL 490, safe buy @ 495+94 T 513 + 520 above it then 524 (3a)



RIL
1294
For intraday buy @ 1282+1274 with SL 1263 T 1300 + 1316 (2b)



SBI
1060
For intraday buy @ 1052+1049 with SL 1037 T 1077 + 1085 (4a)



TISCO
172.45
For intraday buy with SL 165 T 176 + 178 , safe buy @ 170 (3b)