4 sep 2013 Nifty sure shot intraday calls|| rupee impact the stock market

Today market is in volatile note.The sensex up immediately in the green opening in possitive terrain the sensex up 175.92 or 0.96% or 18410.58 and the nifty up 54.02 or 1.01% or 5395.50.

Meanwhile asian market down in early trade today.Today we are in a sly cycle driven by the currency and keeping that in mind if we continue having sly cycle for the next session of quarter then anything is possible.currency stabilising even at 66/67/USD levels look unlikely and if the vicious cycle continues and rupee crosses 70 per dollar then market can get further negative.Today rupee opened lower by 47 paise.

The market position breath was positive on the NSE nifty.


Todays Nifty losers and gainers-

Nifty Gainers-Ranbaxy, TCS, Bhel,NMDC, Hindalco, Tatmotors, reliance,Bharti airtel, Cipla.

Nifty losers-ambuja cement, bank of baroda,,HDFC bank,ITc,maruti suzuki.

Best intraday sure shot calls for NSE stocks-

Buy bharti airtel above 290.45 target 295/300 stoploss 285.74.

Buy GAIL above 304.15 target 305.00/305.51 stoploss .

Sell Ambuja cement below 168.40 target 166.00/165.70 stoploss 169.

Sell HDFC bank below 570.15 target 569.00/569.75 stoploss 571.

Sell maruti suzuki below 1253.50 target 1252.00/1253.45 stoploss 1255.