TRADING CALL FOR MAY 3 TUESDAY 10.20 AM IST



BUY ONGC FUT CMP 306+


SL 298


TGT 312-318

TRADING CALL FOR AMY 3 TUESDAY 10.10 AM IST



Buy BHEL Future Between Rs 2031 to 35

Stop loss 2010


Traget 2055 / 70 .

PRE MARKET CALLS



Buy HINDUNILVR Around Rs 277 to 79

Stop loss 275


Target 284 / 85


Buy Canlin Up to Rs 67


Delivery Tgt 75


Buy Coal India Up to 374

Delivery Tgt 400 +

MAY 3 TUESDAY


NIFTY OUTLOOK


RBI Policy Declaration today ,

If RBI increases Rates By 25 Basis points the markets


may not react negatively


If RBI Increases Intrest Rates by 50 basis points


it could be negative .


Nifty Sustains below 5706 prefer not to be long


Main support seen at 5690 / 5650


Res is seen at 5711 / 5752 levels


NIFTY SPOT


SUPPORT 1 5667 , SUPPORT 2 5633


RES 1 5755 , RES 2 5808


NIFTY FUTURE

SUPPORT 1 5684 , SUPPORT 2 5650


RES 1 5771 , RES 2 5824


BANK NIFTY


SUPPORT 1 11146 , SUPPORT 2 11007


RES 1 11506 , RES 2 11727 ,

TRADING CALL FOR MAY 2 MONDAY 10.45 AM IST


Buy MCDEOWELL N Above 1048 ,


sl 1024 ,


Tgt 1090 / 1110 .


Trade in May Futures .///


Buy BHARATFORGE Above Rs 353 ,


sl @ 347 ,


Tgt 364 / 368 .


Trade in May Futures .

TRADING CALLS FOR MAY 2 MONDAY 9.30 AM IST


Buy ONGC Future Between Rs 299 to 301


Stop loss 293


Target 313 / 315


BUY SAIL FUT (161-162)


SL 158


TGT 166+++


Buy MAHSEAMLESS Very short term Target


Target 378 / 400


CMP Rs 359 .

MAY 2 MONDAY


NIFTY OUTLOOK


Nifty looks mildly weak .


Below 5706 no longs are advised .


Supports at 5690 and 5650 .


Nifty will have some positive bias if


sustains above 5711 / 5742 levels .


NIFTY SPOT


SUPPORT 1 5702 , SUPPORT 2 5655


RES 1 5800 , RES 2 5851


NIFTY FUTURE


SUPPORT 1 5707 , SUPPORT 2 5661


RES 1 5810 , RES 2 5868


BANK NIFTY


SUPPORT 1 11370 , SUPPORT 2 11229


RES 1 11714 , RES 2 11916 .