Do not trade before 9:30 am and if stock opens above target levels

Cash calls for today :

AMTEKAUTO : SHORTSELL if falls below 79.5 , Targets 78-76 , stoploss 80.5

RCOM BUY above 62.35 , targets 64-65 , stoploss 61

MCDOWELL SHORTSELL below 1230 , Targets 1216-1200 , stoploss 1246

TATASTEEL : BUY above 421.6 , targets 436-430 , stoploss 416

Nifty should remain above 5630 to remain positive . Closing above 5660 can be a short term long opportunity.

Stock  Tips for today :

MCDOWELL (Futures) : Shortsell below 1249.5 , targets 1225-1220 , stoploss 1264

TATASTEEL ( Futures) : Buy above 419.5 , Targets 427-435 , stoploss 416

NTPC (Futures ) : Shortsell below 165.5 , targets 162 – 161.5 , stoploss 167.85

Yesterday Nifty movement was as per our expectation . FII are continously buying into the markets while DII are selling on every rise. Nify range for the day should be between 5650 and 5740 .

Yesterday stocks went as per views.

Fresh calls for today are :

CADILAHC :

Stock fell few days back because of negative divergence on RSI from 966 levels .

Now , it has shown a positive divergence on RSI on daily charts. It can be longed for swing trade also for targets upto 880-890

for Intraday  . CADILAHC buy around 850 and dips till 846 , target 865-874 , stoploss 839.0

BRITANNIA :

Stock looks good for a new uptrend

BRITANNIA buy above 514 , targets 524-530 , stoploss 509

MCX : Buy above 1434.5 , targets 1442-1450-1455 , stoploss  1429