SMS ON YAHOO TO SUB-BROKERS

                                        DATE : 24/08/2010

GM - Total OI of NIFTY FUT marginal up with decreasing

volumes. Shorts build up in small quantity at higher lvls.

NIFTY AUG Series PCR (OI) at 2.19, overbought lvls. We

expect NIFTY SPOT to face R near 5540-50 lvls. Profit

booking expected at higher lvls. S 550-5510 lvls today.

SUGAR Counters showing longs build up in last session.

Intraday - Buy BOC at 306-07 tgt 313 SL 302

SHORT TERM - Buy JINDALDRILL at 543-44 tgt 600+

SL 528

SHORT TERM (PREVIOUS CALL) - Book profit in RADICO.

tgt hit. Above tgt 150 lvls. CMP at 152

Intraday - book profit in AREVAT&D FUT. CMP at 303.70

Short Term - Buy JINDAL SOUTHWEST at 1870-80

tgt 2100+ SL 1740

................................................................................................................................

1) NIFTY FUT :- OI (both series) marginal up with increasing

volumes. Unwinding plus fresh shorts in small quantity. Profit

booking plus call writing seen in 5500 CE. Call writing seen

in 5600 CE. Buying seen in 5400 PE. Short covering plus

buying seen in 5500 PE. NIFTY AUG series PCR (OI) at

2.42 unchanged.

2) LONG POSITIONS :- ASIANPAINT, BAJAJ-AUTO,

BHARTIARTL, CAIRN, GVKPIL, OPTOCIRCUI, PIRHEALTH,

PTC, TCS.

3) UNWINDING OF LONG POSITIONS :- ABIRLANUVO,

BANKINDIA, BRFL, DLF, HDIL, IBREALEST, ISPATIND,

JINDALSAW, MTNL, PNB.

4) SHORT POSITIONS :- ANDHRABANK, CIPLA,

COREPROTEC, FSL, GAIL, HCC, IDEA, JPASSOCIAT,

PRAJIND, RELCAPITAL, STER.

5) SHORT COVERING :- ASHOKLEY, DABUR, EDUCOMP,

PUNJLLOYD, RNRL, SESAGOA, SUZLON, UNITECH.

6) SECTORS TO WATCH NEXT SESSION  :- FERTILISER,

METAL, REALITY.

:-: COMMENTS :-:

NIFTY SPOT strong S 5460-70 levels for next session.

RAVI TARDEJA

www.fnoprofit.com

DATE :- 24-08-2010

TIME :- 20:20 P.M.