NSE-MANTRA: 15/10/2009

NewsLetter

Date: - 15-10-09

WORLD MARKET

American Market

Dow Jones + 145

Nadaq + 32

Asian Market (Updated 7:20am)

Nikkei + 212

Hangseng + 320

Shrait Times + 20

Points to Be Observed

ANALYSIS OF NIFTY INDEX

Future Intaday Nifty

Intraday Nifty range looking flat 5135 to 5190(possible open open

5153-5168) expected as trend with Resistance 5198-5212 and

support 5118-5125

Nifty Future Trend Decider View

4910-4929 is Support and targets 5115 & 5160-79 intraday possible.

Down break for more falls at 4905, below to it start seller & profit

booking in the market.

CASH -Positional Nifty

Market is Trend is up-side (bullish); Nifty Target is possible 5176-5200

and 5300-5400 as positional.

Possible correction is 4910-4940 with support at 4870-85 for again up

target as trend 5300-5500 for the October month.

Down Break – 4842 for more downtrend as retrenchment of 4480-

4580 with 24%.

Trading Stocks

Level will Be Live Change

BUY AMBUJACEM @94.2-94.6, STOPLOSS 93.6(STRICTLY) INTRADAY

TARGETS 96.2 & 97.1-98 & (AFTER TOUCHED 97.1 POSSIBLE

BTST TARGETS 98-100)

Buy IFCI 54 - 53.30, Stoploss 52.70, Target 55.50 - 56.30 & 57.

Delivery Calls:

Note: Trade with maintaining you quantities in mutual (all of below shares

time to time as level)

(Delivery) Buy ADANIENT 650, with stop loss 630 & targets 735 &

789 and 900 ++

Buy BPL 32-33 and stoploss 31 for targets 45-50 and 62

Buy IOL NETCOM LIMITED(IOLN) 28 above, stoploss 25 & targets 50

and 78 and 101 + +

AGAIN SHORT CIPLA 307-309, stoploss 311 targets 302 & possible

295

Buy JK LAKSHMI CEMENT LTD (JKLAKSHMI) 130-135, with stoploss

124 152-156 & 178 to 200 ++

Buy LOGIX MICROSYSTEM LTD (LOGIXMICRO) 68-71 with stop loss 66

and targets 98 & 142 ++

Buy MUNDRA PORT & SEZ LTD(MUNDRAPORT) above 488 with

stoploss 450 and targets 570 & 722 ++ (Long Term Delivery)

NSE-MANTRA