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Posted by Shyam as IntraDay Calls
Due to bad Asian and World markets and rising crude oil prices which touched $146/barrel,the Indian markets also most wiped out all the gains that it had made in the previous trading session. Sensex lost 570 points to close at 13,094 levels and Nifty was down by 168 points to close at 3,926 levels.
Amidst much furore of crude oil prices, and the nation losing 62,000 jobs in the sixth consecutive month ,the US markets closed in a mixed trend.Dow was up by 0.65% and Nasdaq was down by 0.27%. The Asian markets are also reacting in the similar fashion and Nikkei-225 is currently down and some other key Asian markets are flat or marginally up.
Now we can expect the IT,Telecom and Pharma stocks to do well in coming days if a positive results come in for them in the Q1 results which will kick start from Jul 11 with results from Infosys.
Now lets have a look at some intra day calls: UBI(cmp 112),Cairn(cmp 258),Orchid(cmp 243.2),IOCL(cmp 341),HPCL(cmp 181),Thermax(cmp 374),SBI(cmp 1102),Anu’s Lab(cmp323),BOB(cmp 211).
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