MARKET OUTLOOK 27-01-2010

ON F&O EXPIRY MARKET SHOWING SOME SHORTCOVERING NIFTY WILL MOVE INTHE RANGE OF 5050-5072 RANGE , NIFTY HAVE AN INTRADAY SUPPORT OF 4972-4960 AND STRONG RESISTANCE@5050-5062,
INTRADAY
BUY BHARTISHIPYARD@292 SL 284 TGT 305
BUY JAICORP ONLY ABV 302 SL 294 TGT 320
BUY HINDCOPPER ONLY ABV 612 SL 606 TGT 622
FUTURES
BUY CROMPTONGREAVES FEB FUT@421 SL 409 TGT 450 TF 3-4 DAYS
BUY PUNJLLOYD FEB FUT@185 SL 181 TGT 194
OPTIONS
BUY PUNJLLOYD 190 CALL@1 TGT 4 (MAXIMUM LOSS 1500)
BUY POWERGRID 115 CALL@1.5 SL TGT 4-5 (MAXIMUM LOSS 5775)
SHORT TERM
BUY CROMPTONGREAVES@ 420 SL 406 TGT 460
BUY HAVELLS@ 575 SL 548 TGT 620
MULTIBAGGER
BUY DHANALAXMI BANK@140 AVG @90 LEVELS TGT300-350 TF 12-16 MONTHS,,,