Intraday Call for 27th December

Hello Traders,

Here are a few observations for tomorrow: (27th December)

Nifty: Expect a 60 Point's move from the close of today on the higher side potentially. In case Nifty trades below the 6278.9 the lower range will be the potential.

Range High     6302.17    6316.54    6339.80533
Range Low     6255.63    6241.26    6217.99467

Option Call: If Nifty trades above 6300, buy 6400 Call Option (Wait for the Exit Price)
If nifty trades below 6255, Buy 6100 Put Option (Wait for the Exit Price)

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Short term call: Short term calls are 5 to 6 days time frame.

Buy IOB (Indian Overseas Bank) @ 53 Or at the levels of (52.72 - 51.9498)
Target: 58; SL - 49
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Intraday call for 27th December:

Sell GLENMARK in the range of 537.40 - 540.49 (Safest levels);     SL 545;         Targets: 529.31    527.40    524.30

Else sell @ 529.31;     SL 535.49;     Target:  527.40    524.30

Sell GODREJIND in the range of 270.86-272.93 (safest levels) SL 273;     Targets: 267.5 265.43  264.14 262.06

Wait for the first five minutes. If the stock breaks 273, then buy with a  Stop loss of 272.93 for the target of 277

Buy LT @ 1072.7;     SL 1063.97;     Targets: 1081.43    1086.82    1095.54

Buy PNB in the range of 627.4 - 633.56;     SL – 625;     Target:    637.36    643.52