One can take a risk and buy nifty 4800 call and hold it till budget.. If budget announced is favourable, then nifty is likely to touch 4800 - 5000.

Nifty can likely touch to 4500 - 4600 before budget and on charts also nifty looks bullish. So take nifty call positions accordingly. If you are getting good profits intraday, then please book it as market would be highly volatile.

If budget is not favourable, market can tumbled down upto 3800 - 3600, but in few days it will bounce back to 4200 -4400

Weekly calls for week starting 22 June 2009:

1. Buy Axis Bank CMP 818 SL 793 Target 848 - 879
2. Buy Financial Tech CMP 1378 SL 1355 Target 1448 - 1510
3. Buy BEML CMP 905 SL 866 Target 958 - 1025
4. Buy L&T CMP 1610 SL 1575 Target 1649 - 1650
5. Buy Infosys CMP 1827 SL 1799 Target 1878 - 1920
6. Buy BPCL CMP 421 SL 412 Target 433 - 450

Sure short: BEML, Infosys and Axis bank

Delivery/positional calls [Budget picks]
IFCI, Kalindee rail, Texmaco, Kenex Micro, IVRCL and GMR

Weekly call performance for week 22-25 June

STOCK	Reco. Price	Tgt	Reached	Lot Size	Profit
IDBI	106	127	117	2400	Rs 26,400
Buy Bajaj Hind	214	221	222	5700	Rs.45,600
Buy Educomp	3062	3260	3590	150	Rs.79,200
Buy Rel Infra	1262	1340	1368	552	Rs.58,512
Buy Suzlon	111	126	124	6000	Rs.78,000
Buy Indusind	83	100	92	7700	Rs.69,300

Also, scripts like United spirits, country club, Lupin, Areva, Kalindee Rail, Texmaco appreciated very well during last week..

Hope you all made good profits... Enjoy

As mentioned last week, nifty tumbled by 200 - 250 odd points.. Hope you all have minted money by buying nifty puts..

Market will bounce back in this week.. Nifty to shoot up by 100-150 points. One can buy Nifty June 4300 CA for Intraday on Monday.

Note: Please do not buy any stock option calls of June expiry. Only 4 days left for expiry and price detoriation for out of the money calls will be very fast.
When ever we are near the expiry, please do not take any positions in out of the money calls.
Start buying July stock specific calls..

Few calls for short term investment
1) Country club - Target 60
2) Opto circuits - Results are excellent.. One can buy it at this level for good appreciation in short term.
3) Manappuram finance [531213] tgt 400 in 3 month cmp 268
4) Zee newz - Target 50

Calls for Long term investment [Target : More then 100 percent expected]
1) Assam company
2) United spirits

Continue to hold all the scripts recommended previously.. Many of those stocks have already appreciated. Good spurt in those scripts expected.

BUDGET PICKS
1) Kalindee Rail [Mentioned before]
2) DISH TV - Target 64
3) Texmaco

Weekly calls for week starting 22 June 2009:

1. Buy IDBI for short term. Target 127 -150
   
2. Buy Bajaj Hind. CMP 214 SL 209 Target 221 - 236
3. Buy Educomp CMP 3062 SL 2995 Target 3138 - 3260
4. Buy Rel Infra CMP 1262 SL 1230 Target 1292 - 1340
5. Buy Suzlon CMP 111 SL 104 Target 117 - 126
6. Buy Indusind Bank CMP 83 SL 80 Target 88 - 100

Sure short: Suzlon, IndusInd, IDBI and Educomp