Tuesday, October 6, 2009

First Call

RELINFRA
Execution Price Range Stop Loss Target
Buy Between Rs 1218 to 1228 1212 1244

JINDAL STEEL POWER
Execution Price Range Stop Loss Target
Buy Between Rs 595 to 601 589 618

DLF
Execution Price Range Stop Loss Target
Sell Between Rs 423 to 428 431 416

The market opens on a reasonably good note, in the steps of firm global cues. Earlier, following four days of weakness, the US markets closed with good gains after a strong rally. Asia is trading mixed. Sensex is trading at 16958, up 92 points from its previous close, and Nifty is at 5025, up 22 points. CNX Midcap index is up 0.8% and BSE Smallcap index is up 0.7%. The market breadth is positive with advances at 602 against declines of 90 on the NSE.


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