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Posted by Shyam as IntraDay Calls
After two days of heavy selling in the Indian markets,it seems the markets are set to recover partially today.The US markets closed flat with crude oil coming down to 132$/barrel due to dollar weakness. The Asian markets have started trading in green and Nikkei-225 is up 1% currently. So we can expect a good recovery coming in the markets today.
But still some how the market sentiments look comparatively weak.Traders are in the mood to sell and recover their positions as and when the markets so a uptrend. The pharma sector as said earlier is looking good even today.Ranbaxy is moving constantly up due to stake buy offer from Daiichi Sanky, which is a Japanese company.
Some intra day calls for today: IndiaBulls Financial services(cmp 305), Spice Comm(cmp 55),Ranbaxy(cmp 561), SAIL(cmp 158),Glenmark(cmp 681),Bharat Forge(cmp 245),Torrent Pharma(cmp 152), Nagarjuna Fertilizers(cmp 42).
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