Profit with Phoenix as on 28/08/2009

Dear All,

        As written earlier if Nifty(Fut) sustains above 4712/4723 with a opening above 4699 with gud volume we may expect a possitive market today. If not Nifty has to run back till 4612/4573 levels. Supports from Global markets are not strong, this may also be a factor to bring down our market either at the opening bell or at later hours of the market.

Todays Nifty(Fut) Trading levels:



Base: 4699
Res: 4711/4734/4769/4805
Mid Res: 4705/4723/4752/4787
Supp: 4676/4664/4629/4594
Mid Supp: 4688/4670/4646/4594

1) Buy Hotel Leela @ 32.50 SL 29 Tgt 45/50/55/60..(Mid term delivery call)

2) Buy Om metal @ 26 SL 18 tgt 50,70,80 (6-8 months)

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

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Have a Happy Trade.......