The Indian share markets had a very volatile session yesterday when it opened positive on the back of good global cues, but then slipped in red. Sensex closed at 14,874 levels gaining just 34 points and nifty ended flat at 4525 levels. Rolta,IFCI and Ispat Industries were among the gainors. Last night the US stock markets also closed flat and the Asian markets are now trading positive.

Nikkei-225 is up by 0.4% and Hang Seng is up by 1.8% as of now in the morning trade. The Indian markets could open positive today. It is advised to book partial profits at higher levels and accumulate stocks at dips. One of well known investor in the world Jim Rogers is asking people not to short the markets even if they are very bearish on them. This shows the positive sentiments which are surrounding the markets now.

Here are some intra day calls for today:

Buy NTPC Above 224  Target 226, 228 Stop Loss : 222

ShortSell Below 221 Target 218, 217 Stop Loss : 223

Buy Tata Steel Above 476  Target 486, 494 Stop Loss :471

ShortSell Below 468 Target 458, 452 Stop Loss :473

Buy ICICI Above 735  Target 743, 748 Stop Loss :730

ShortSell Below 750 Target 744, 740 Stop Loss : 755

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