SMS ON YAHOO TO SUB-BROKERS

                                        DATE : 26/08/2010

GM - Total OI of NIFTY FUT marginal up with higher volumes

showing unwinding plus fresh shorts for STBT in small quantity.

We expect NIFTY SPOT will take strong S near 5470-80 lvls

and R 5520-30 lvls today. Next Series PCR (OI) at 1.60

indicating option writers not worried about world mkts negative

clues. Last session trade showing profit booking in BANKING

Counters and shorts build up in METAL Counters.

Short Term (prevoius call) - tgt hit for JINDALDRILL. Above

tgt 600+ CMP at 625. Book profit.

Intraday - Buy RELIANCE FUT at 975-77 tgt 990+ SL 969

Intraday - Buy NIFTY FUT at 5482-85 tgt 5510 SL 5470

INTRADAY - Exit RELIANCE FUT. CMP at 972.50

Intraday - Exit NIFTY FUT. CMP at 5475

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

1) NIFTY FUT :- OI up 36.90% with 18% increasing volumes.

Fresh longs. Buying seen in 5500 CE and 5600 CE. Put writing

seen in 5300 PE and 5400 PE. NIFTY SEP series PCR (OI) at

1.57 down by 0.03 points.

2) LONG POSITIONS :- ABB, ASHOKLEY, BANKINDIA, BPCL,

CROMPGREAV, HOTELEELA, ICICIBANK, MPHASIS, NTPC,

ORCHIDCHEM, PATNI, RUCHISOYA, TATAMOTORS.

3) UNWINDING OF LONG POSITIONS :- APOLLOTYRE,

ISPATIND, RENUKA, UCOBANK.

4) SHORT POSITIONS :- BGRENERGY, CAIRN, DCHL,

ESSAROIL, EXIDEIND, IBREALEST, INDIAINFO, KSOILS,

MRPL, NEYVELILIG, PRAJIND, RCOM, SOBHA, SUZLON,

TECHM, WELCORP.

5) SHORT COVERING :- HCC, HDIL, IVRCLINFRA,

RELCAPITAL, RELIANCE, TATASTEEL, UNITECH, ZEEL.

6) SECTORS TO WATCH NEXT SESSION  :- BANKING,

REFINERY.

:-: COMMENTS :-:

NIFTY to resume up move again.

RAVI TARDEJA

www.fnoprofit.com

DATE :- 26-08-2010

TIME :- 20:42 P.M.