Daily Call Dec 03 2010

Nifty seems to be fatigued around 6000 level . We advice cautioun at this level. If nifty surpasses todays high it would be good side to take long positions else in case it gaps down and closes down this would form an abondoned child pattern which indicate a major downfall ahead we feel nifty should fall to 5550 before it starts upward move.
5967 Holds key support level to nifty if it closes below that intiating short position would be favourable.

If the market stays positive tommrrow then we recommand the following positions for trading ,
Federal bank Buy above 468 Target 474 Target2 482 stop loss 464
UTV soft Buy above 570 Target 584 Target2 603 Stop loss 566
GSFC Buy above 371 Target 392 Target2 402 Stop loss 366
Sundram Fasteners Buy above 68 Target 72 Target2 76 stop loss 66
United Bank Buy above 123 Target 127 Target2 137 Stop loss 120







10 %, 20%,30%,40%,50%,60%,70%,80%,90% is done..Our target 100% . Happy Investing