Previous day:
It was a weak day for our market which, on the back of negative cues from its global peers, traded choppy and in the red through the day. Profit booking was seen in most sectors, especially infrastructure and real estate. Auto, however, saw some buying interest. But a late surge helped our Nifty close just above the 5400 mark and with small cuts. Sensex shut shop at 17971, down 60 points and Nifty at 5402, down 13 points from the previous close.The market breadth was negative with advances at 341 against declines of 955 on the NSE.

Next day trading session:
In the next session, NIFTY may trade in the range 5350-5450. Traders are suggested to follow the strategy of selling at rise. If NIFTY sustained below 5347 huge sell off is expected. AUTO stocks may show some strength, METALS may also attractbuying. CAPITAL GOODS STOCKS might face selling pressure. BANKING may also face selling at higher levels.
For Shorter in Nifty maintain SL of 5462

No charts for today: Live call will provide on yahoo messenger.

Stock for watch:
Andhra Bank : Stocks is on its support level, it can give 2-3% bounce from this level.
Bhel: Stock looking week on chart can touch 2375-2350 in near term.
HEROHONDA: Short call given on 30th aug 2010, @ 1783 achived our tgt 1700 in 2 trading session :-) After making a low of 1669.9 we saw sharp up move in the stock which create possiblity stock will touch 1840-1850 in 2-3 session.
Trader can look in this stock for quicky move upto 1840-1850+..
Ster: Stock looking in oversold zone, my view on this stock is can give a sharp movement 2-3% up side at any time.
Trader can buy on cmp with SL of 147 for tgt 156-160.

Previous calls:
Aptech, Herohonda, Hdil, Eicher Motor ALL Call met their tgt with in 3 trading sessions
Cheeerssssssssssssssssssssss :-)