HOT STOCKS for 17-03-08

STATISTICS :

Markets today can see a gapdown opening with 100 points in nifty @ 4600 levels. Today we can see a rangebound session between 4500 - 4800 levels. Volatility can be seen with recovery in the second session. Nifty has a support @ 4600, and a resistance @ 5700 levels.

INTRADAY :

RPOWER : sell for a tgt of 314 levels, sl @ 330

Reliance : sell for a tgt of 2250 levels, sl @ 2330

IFCI : sell for a tgt of 47, sl @ 50.45

FUTURES :

Nifty : buy below 4550 levels for a tgt of 4900+ can go upto 5000+ levels

RPOWER : buy below 312 for a tgt of 350+, sl @ 300

RNRL : buy below 100 for a tgt of 115+, sl @ 90

RCOM : buy below 500 for a tgt of 530+, sl @ 490

SAIL : buy below 190 for a tgt of 210+, sl @ 182

OPTIONS :

Nifty : buy call 4600 below 100 for a tgt of 250+, sl @ 60

IDBI : buy call 100 below 2 for a tgt of 4+, sl @ 1.3

RNRL : buy call 100 below 6 for a tgt of 15+, sl @ 4

RELIANCE : buy call 2250 below 60 for a tgt of 140+, sl @ 35

HEDGE CALLS :

1> Nifty : buy 1 lot of fut below 4600 for a tgt of 4900+

.....Nifty : sell 1 lot of 4500 put above 120+, sl @ 160

2> RNRL : buy 1 lot of fut below 98 for a tgt of 118+

.....RNRL : sell 1 lot of put 90 above 7 , sl @ 12