Thursday, December 15, 2011

Derivative Intraday calls


CIPLA View: Bullish C.M.P: 329.60: On daily chart the stock is taking support from its20-DMA. It closed with a bullish candle and increase in volume; momentum oscillators are neutral to positive.

SMC recommends investors to:

Buy Dec. Fut. Around: 331.00
Stop Loss: 328.00
Target: 337.00
Lot size: 1000

COLPAL View: Bullish C.M.P: 1033.85:
On daily chart the stock is closed above its 20- DMA. It closed with a bullish candle and increase in volume; momentum oscillators are neutral to positive.

SMC recommends investors to:
Buy Dec. Fut. Around: 1035.00
Stop Loss: 1025.00
Target: 1055.00
Lot size: 250

SYNDIBANK View: Bearish C.M.P: 95.35: On daily chart the stock is showing weakness against the market. Momentum oscillators are neutral to negative.

SMC recommends investors to:
Sell Dec. Fut. Below: 94.00
Stop Loss: 96.00
Target: 90.00
Lot size: 2000

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