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Posted by Shyam as IntraDay Calls
The Indian share markets which was very volatile today, happened to close in a green note after 3 days of non stop fall. The markets have been falling after touching 4700 on nifty and about 16,000 on Sensex. Sensex closed at 15,074 gaining 65 points. Nifty closed at 4471 levels gaining 33 points from previous close.
The US stock markets are currently trading weak as the investors await Fed’s take on the economic condition. Dow is down by 1.02% now and Nasdaq is down by 1.38%. It may impact the Asian and the Indian markets tomorrow. The weak monsoon condition in India is also another worry for the investors.
Check out some intra day calls for Aug 12th 2009 :-
Buy TCS Above 542 Target 551, 556 Stop Loss : 537
Short Sell Below 536 Target 531, 528 StopLoss: 541
Buy HDIL Above 262 Target: 268, 270 StopLoss : 258
Short Sell Below 257 Target: 253 ,251 Stop Loss: 261
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