"TRADING IDEA FOR TUESDAY (26.07.2011)"

FIIs were net buyers with the tune of ` 315.72 crore on Monday, the 25th July 2011(prov. fig.)
The BSE Sensex rose 148.99 points or 0.80% to 18,871.29, its highest closing level since 7 July 2011. The Sensex jumped 209.97 points at the day's high of 18,932.27 in mid-afternoon trade. The index fell 51.46 points at the day's low of 18,670.84 in early trade. The S&P CNX Nifty rose 46.35 points or 0.82% to 5,680.30, its highest closing level since 7 July 2011. The Nifty hit high of 5,700.55 in intraday trade. The BSE Mid-Cap index was up 0.49% and the BSE Small-Cap index was up 0.50%. Both these indices underperformed the Sensex.
The market breadth was positive. On BSE, 1,609 shares advanced and 1,274 shares declined and a total of 121 shares remained unchanged. From the 30-share Sensex pack, 24 stocks rose and the rest fell.
FOR TODAY: WATCH 5715-17 (200 DMA) AND 5740 ON UPSIDE. IF CROSSED DECISIVELY THEN GO LONG BUY CALLS FOR AUGUST SERIES. ON THE DOWNSIDE, 5650 IS STRONG SUPPORT.
"Confused what to Buy or what to Sell ? Check here for INTRADAY CALL"