TODAY PREDICTION

NIFTY MAY OPEN 1.5-2 % DOWN.  GLOBAL MARKET WEAK. ASIAN MARKET BEARISH.
MAY SEE RED TILL AFTERNOON.
SUPPORT AT 4920 OR 4911 LAST.
MAY BOUNCE BACK FROM THIS LEVEL.

WEAK STOCK - RCOM, BANK NIFTY, METALS.
STRONG : BUY M&M ON MAXIMUM DIP.

NIFTY PREDICTION

Nifty projection ( 4788 ) and current level 4747.80

Top 6357 – Low 2252 = Net Loss = 4105 Points.

61.8 % of 4105 comes to 2536

2252 ( Low ) + 2536 ( 61.8 % of Net loss )= 4788 ( B )

Last Close = 4747.80 on Friday 26-08-2011


we have rally of 200 points upto 5100.

02-09-2011 PERFORMANCE

FUTURE CALL : BUMPER PROFIT : INTRADAY:
ICICI @ 885 TGT HIT 895.
ABAN @380 BOOKED AT 388.


OPTION CALLS :  ICICI BANK 900 CE @ 24 - 29
BANK NIFTY 9500 CE @ 295 - 325 


DELIVERY CALL : FCL AT 295  TGT - 450

OPTION CALL

BUY BANK NIFTY CE 9500 AT 295-300

SL - 275 

TGT - 325....345...360

OPTION CALL

BUY ICICI CE 900 AT 24
TARGET -30/35
SL - 20

FUTURE CALL 02-09-2011

Buy ICICI bank abov 885
 tgt 900 
sl 876 
Buy Aban target 405 
sl 376