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Posted by Shyam as IntraDay Calls
The Indian markets opened down yesterday due to weak global trends and finally closed in deep red losing over 205 points or 1.17%.And nifty lost 53 points to close at 5105 levels. The US markets were also heavily down in yesterdays trade with Dow and Nasdaq losing over 1.53% and 0.95% each. This is mainly due to record oil prices and inflationary worries in US.Reacting to this the Asian markets are also trading lower. So a weak opening is expected in the Indian markets as well.
The Intra day calls of yesterday did reasonably well yesterday. Some more intra day calls for today: Cairn India(cmp 328), Sasken (cmp 182), Adlabs(cmp 722), Videocon(cmp 410),HDIL(cmp 842), Rpower(cmp 435), Suzlon Energy(cmp 318), Tata Chemicals(cmp 384), Geojit Financial Services( cmp 60),Dish TV(cmp 57).
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