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Daily News Letter

DATE STOCKS CLOSE

                         OVERVIEW
           Intraday  +  Future Trading 

%Gain/Loss
 

        OPTION -TRADING              

%Gain/Loss

16.05.08 Market
Overview
5115 Rally may continue , we should keep long till reversal in market , for today we can maintain 5026 SL in long position.If today nifty close above 5148 then rally may continue , or if close below then a mild correction may be seen against this pattern(4914-5019--) .For accurate label go thr. below.      
  NIFTY 5115 for subscribers   for subscribers  
  Bharti 856.20 for subscribers   for subscribers  
  RIL 2623 for subscribers   for subscribers  
  SATYAM 483.90 for subscribers   for subscribers  
  Sterlite 872.95 for subscribers   for subscribers  
  TPower 1400 for subscribers   for subscribers  
  TISCO 881.90 for subscribers   for subscribers  
  TCS 985 for subscribers   for subscribers  
15.05.08 Market
Overview
5012 Nifty is maintaining counter rally against standard correction (5254-4914 ), as i said in my last days prediction . Mostly these counter rally are between 38 %- 50 % of such polywave . So after a minor move upward directional move will continue.                                                                   
  NIFTY 5012 Intraday buy @ 4995+4980 or best @ 4990 with SL 4960 T 5015+5032+5045 + 5066 if sameday sustain above then hold for more, SL Must / maintain 5065 SL in positional short position or exit @ 4990 label. +6%
sms @
10.30
 
Sms @ 2 pm keep long NIFTY
+ STERLITE + RIL + BHARTI
F/O
 
  Bharti 848.50 Intraday buy @ 839+34 SL29 T853+60+ 69  (2a) +6%    
  BHEL 1747 Intraday buy@ 1730+20 with SL 1711 T 1760+75+85 ( 3b) +6%    
  H Honda 817.85 Intraday buy @ 811+808 with SL 800 T 823+29 (3a) +3%    
  ONGC 938.80 Intraday sale @ 953+58 with SL 975 T 925+20 (2b) +2%    
  RIL 2530 Intraday buy @ 2519+12 with SL 2505 T 2537+48+57+70 ( 1b) +6%    
  Sterlite 856.65 Intraday buy @ 842 with SL 831 T 863+875 ( 2a) +    
  Siemens 586.20 Intraday buy @ 581+577 with SL 572 T 595+600 ( 1a) +6%    

Stock Analyst Mr. Suresh Sharma
URL: www.suresh-sharma.com, E-mail:
chartist@vsnl.net, Tel: 022 2813 2183, Mobile: 9892532183

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