First Call

CIPLA

Execution Price Range StopLoss Target

Buy Between Rs 265 to 269 260 281

TATA MOTORS

Execution Price Range Stop Loss Target

Sell Between Rs 594 to 600 605 580

TATA STEEL

Execution Price Range Stop Loss Target

Buy Between Rs 497 to 500 494 512

ITC

Execution Price Range Stop Loss Target

Buy Between Rs 233 to 236 225 251

RCOM

Execution Price Range Stop Loss Target

Buy Between Rs 301 to 308 295 330

Strategies for the Day

24-09-2009 IDBI BULLISH BUY CALL BUY 130CALL @ 4.00 3600 7200

OCT. EXPIRY

SL: 2.50 TGT: 7.00

Tuesday29th September Market

9:30 AM - The market will consolidate in the next two-three days and will trade in the range of 4900-5050, says Anil Singhvi, market expert, on CNBC Awaaz. One should take a directional call only if these levels are broken either way, he adds. He believes the focus will be on midcap and smallcap stocks.

9:34 AM - The Nifty may find support today at 4900 and resistance at 5050, says Ashwani Gujral, technical analyst, on CNBC TV18. He believes that this is the market to go long in.

Friday 25 september market

It was a mildly choppy week for our market with poor global cues and end of an F&O series. The new 5-week October series opened quiet after the last series clocked in huge volumes. Many experts feel the uptrend is intact but the market has no triggers to take it higher. They feel the results season or global cues could give a decisive direction to our market by mid-October. This week's average figures were: Sensex and Nifty both down 0.3%. BSE Midcap index was up 0.6%, BSE Smallcapindex up 1% over the week. BSE Healthcare index was up 6%, BSE Bankex index and BSE Oil & Gas index both up 1% and BSE Metal index down 3.9% while BSE IT index was down 3%.