Nifty touched exactly the support level in today’s call. Below 5700, 5650 was the target. Nifty low was 5650.1
- ONGC – Buy above 319 and book profits at 321 with SL at 316.Call did not get active.
- Reliance – Buy above 798 for target of 805-7 with SL at 788. Stock did not sustain above 798
- BHEL – Buy above 186 for a target of187. Sustain above187 will see 189-190. SL is 183.50. Target achieved. Days high was 189.4
- Cipla- Buy above 391 for a target of 395. Above 395 , 398- 400 is the target. SL for longs is 388. Target achieved. Days high was 398.5.
- Tata Steel – Buy above 322 for 323-324 target with SL at 317.50 Target achieved. Days high was 325
- ICICI Bank – Buy above 1055 for 1062-1070 with SL at 1045. Target achieved. Days high was 1062.50
- SBI – Buy above 2150 for a target of2160-2170. Above 2170 , a rally towards 2200 is possible. SL is 2135. Days high was 2157
- Bajaj Auto – Sell below 1740 for 1733 – 25 with SL at 1760. Target achieved. Below 1740, the stock was close to 1752. Close to 90 points fall.
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