17-09-2014 DAY PERFORMANCE:

17-09-2014 DAY PERFORMANCE:

Most of you may impressed for our comments (yesterday evening and today morning trend report) regarding Nifty Trend.  Market has opened, moved with in range and also closed as we mentioned.   Let us hope about FED action also fall under expectations purview (we are expecting non-event).  Regarding our Nifty, unless Nifty close above 8020-8050 level, Bulls will not have upper hand in this session. However we should not forget above strong support area of 7830-7850.

DAILY CALLS: 

LONGS: 

OMKAR CHEMICAL: BUY > 146.50 TRG 150 SL 143

                                     ACTUAL: LOW: 143.05 HIGH: 161

UNITEDSPIRITS: BUY > 2342 TRG 2373/2400 S; 231

                       ACTUAL: LOW 2362.90 SL 2421 (MOST OF THE TIME NOT IN TRADING  RANGE)

SHORTS:

RICOAUTO: SELL < 31.50 TRG 29.50 SL 32.50

                     ACTUAL: LOW:  29.25 HIGH 32.15

SAHPETRO: SELL < 33.75 TRG 31 SL 35

                      ACTUAL: LOW: 29.55 HIGH: 33.05

LET US WAIT FOR US (BIG BROTHERS') ECONOMIC DATA AND FOLLOW ON NEWS AND  REACTION TO UK&SCOTLAND DIVISION (ON 18TH).  WE WISH YOU ALL THE BEST FOR MORE PROFITABLE TRADES.