INTRADAY TIPS FOR 02 FEBRUARY 2011

GOOD MORNING!!!

MARKETS YET AGAIN TAKEN TO A TOSS AFTER CLOSING THE FIRST DAY OF THE FEBRUARY MONTH ON A FIRM NOTE. BREADTH OF THE MARKETS HAS SHOWN NO INTENTIONS OF BOUNCING BACK AND CONTINUED ITS DOWNWARD JOURNEY WITH INTENSE SELLING. THOUGH, THERE WAS SOME KIND OF SHORT COVERING IN THE AFTERNOON SESSION COULDN’T REALLY HOLD ITS GAINS AS INVESTORS YET AGAIN TOOK PROFITS OUT OF THE TABLE LEADING TO THE FALL IN MARKETS AND EVENTUALLY FINISHING THE DAY ON A VERY WEAK NOTE. ACROSS THE BOARD RUTHLESS SELLING AND INVESTORS SHOWING NO INTEREST TOWARDS HOLDING LONG POSITIONS HAVE FURTHER WEAKENED, THE MAJOR CAUSE OF CONCERN IN THE INDIAN MARKETS ARE FII WHO ARE CONTINUOUSLY ON THE SELLING NOTE.

TODAY, WITH THE BETTER THAN FORECASTED US CONSUMER SPENDING NUMBERS, WHICH HAS HELPED TO CLOSE US INDICES WITH OVER ONE PERCENT GAINS ALONG WITH A POSITIVE CLOSING OF EUROPE AND POSITIVE CUES FROM THE ASIAN MARKETS WOULD HELP INDIAN MARKETS TO OPEN ON AN OPTIMISTIC NOTE TURNING THE SENTIMENTS. THOUGH THE SENTIMENT WAS VERY WEAK IN THE LAST DAYS TRADE BUT MARKETS TOOK SUPPORT AT A VERY CRUCIAL PHASE AT 5400 LEVELS. TODAY IF NIFTY TRADES ABOVE 5438 THEN LIKELY TO MOVE UP TO 5474 LEVELS AND MOVE UP ABOVE THIS POINT WOULD TAKE IT TO 5500 AND ANY BREAK ABOVE THIS WOULD TAKE NIFTY TO 5545 LEVELS. ON THE FLIP SIDE IF NIFTY TRADES BELOW 5420 THEN LIKELY TO DIP DOWN TO 5386 LEVELS AND ANY BREAK BELOW THIS POINT WOULD TAKE NIFTY TO 5222 LEVELS IN A SHORT TIME. ONE IS ADVISED TO SEE 5400 AS A CRUCIAL LEVEL IF NIFTY CLOSES BELOW 5400 THEN LIKELY TO DIP DOWN TO 5222 LEVELS. IF NIFTY CLOSES POSITIVE WE MAY EVEN SEE A POSITIVE OPENING TOMORROW ANOTHER IMPORTANT POINT TO REMEMBER IS WE ARE IN A WEAK ZONE WHERE WE ARE LIKELY TO DECLINE BELOW THE PREVIOUS LOWS YET AGAIN SHORTLY AS LONG AS NIFTY STAYS BELOW 5560 ONE SHOULD UNDERSTAND THAT WE ARE IN A WEAK TERRITORY AND ONE SHOULD MAKE USE OF EVERY UPSIDE TO SHRED THE POSITIONS AS LONG AS IT STAYS BELOW 5560 LEVELS.

INTRADAY TIPS FOR 01 FEBRUARY 2011

GOOD MORNING!!!

MARKETS CRACKED OVER ONE AND HALF A PERCENT IN THE OPENING TRACKING GLOBAL CUES THE GLOBE GOT ANNIHILATED ON THE BACK OF LINGERING PUBLIC PROTESTS IN EGYPT WHICH SHOWED LITTLE SIGNS OF DYING DOWN WHICH REMAINED HIGHLY UNSUPPORTIVE WHILE SOARING DOMESTIC INFLATION AND RATE RISE FEARS TOO WEIGHED. ADDING TO THE WEAK GLOBAL CUES ANOTHER POINT OF CONCERN IN THE MARKET WAS RUTHLESS POSITION SQUARING HAVE DONE SOME MORE DAMAGE TO THE MARKETS IN THE FIRST SESSION. AND IN THE SECOND HALF OF THE MARKETS JOURNEY WHEN INDICES CAME DOWN TO THE CRUCIAL SUPPORT LEVELS THERE WAS SOME SHORT COVERING WHICH PULLED THE MARKETS CLOSER TO THE NEUTRAL LINE. MARKETS BREADTH WAS WEAK. THE HIGH BETA, REAL ESTATE STOCKS ONCE AGAIN LANGUISHED AT THE BOTTOM OF THE SECTORAL LIST AFTER TUMBLING 2.23%, THE FMCG COUNTER TOO WITNESSED HUGE PROFIT BOOKING AS IT SHAVED OFF 2% ON THE FLIPSIDE, CAPITAL GOODS PACK WENT HOME WITH 3.26% GAINS ALONG WITH IT POWER STOCKS TOO SAW HUGE BUYING INTERESTS AS IT GAINED 1.31%

TODAY NIFTY WOULD TRADE IN A NARROW RANGE WITH RANGE BOUND ACTIVITY. IF NIFTY TRADES BELOW 5500 THEN LIKELY TO COME DOWN TO 5442 AND BREAK BELOW THIS LEVEL WOULD COME DOWN TO 5400 LEVELS AND ON THE FLIP SIDE IF NIFTY TRADES ABOVE 5550 THEN LIKELY TO MOVE UP TO 5590 LEVELS AND BREAK ABOVE THIS LEVEL WOULD TAKE NIFTY TO 5620 LEVELS ANY CLOSE ABOVE 5600 WOULD BE ON THE POSITIVE TRACK. ONE CAN SHORT NIFTY AT HIGHER LEVELS WITH A STOPLOSS OF 5625 LEVELS. WE CAN SEE ONE MORE LEG OF SELLING BUT THE INTENSITY OF SELLING IS PURELY TAKEN INTO ACCOUNT ON WHERE THE NIFTY IS TAKING SUPPORT AT, NIFTY CAN TAKE SUPPORT AT 5400, 5200 OR 4800 LEVELS SO ONE CAN TAKE CHANCE TO BUY PARTIAL QUANTITIES AROUND THESE LEVELS. IF YOU SEE BOUNCE BACK WE CAN GO FORWARD TO ONE OF THE BIGGEST BULL RUNS WE HAVE EVER SEEN. POSITIONAL INVESTORS SHOULD NOT REALLY BOTHER ABOUT THESE UPS AND DOWNS WHICH COME EVERY NOW AND THEN, FUNDAMENTALLY MARKETS HAVE NOT CHANGED ANYTHING AND WE HAVE A GOOD GOWTH STORY INTACT WE CAN HEAD MUCH AHEAD FROM THE LEVELS WHERE WE ARE CURRENTLY. BUT THERE ARE SERIOUS CONCERNS IN THE MARKET IN THE CURRENT SITUATION WITH THE CRUDE MOVING TO THE TWO YEAR HIGHS WHICH WILL HAVE GREATER IMPACT ON THE INFLATION IN TURN THE INTEREST RATES ONE HAS TO BE VERY CAUTIOUS FOR FRESH BUYS. WE ARE LIKELY TO FACE ONE MORE SELL-OFF IN A SHORT NOTE.

INTRADAY TIPS FOR 31 JANUARY 2011

GOOD MORNING!!!

WE HAVE WITNESSED YET ANOTHER DOOMS DAY. INDICES SLIPPED BELOW THE CLOSING PRICE IMMEDIATELY AFTER MAKING A TIMID START IN THE EARLY TRADE TRACKING THE SOMBER ASIAN COUNTERPARTS WHICH GOT DRAGGED AS SENTIMENTS WENT AWRY AMID RENEWED APPREHENSIONS OVER THE GLOBAL ECONOMIC RECOVERY PROSPECTS. THE FIRST DAY OF NEW F&O SERIES WITH HUGE CUTS, JUST ABOVE THE CRUCIAL SUPPORT LEVELS AS SOME SHORT COVERING IN THE DYING HOURS OF TRADE PULLED UP THE MARKETS A BIT. A BULK OF STOCKS, RIGHT FROM THE HEAVYWEIGHTS TO THE RELATIVELY SMALLER PEERS, WITNESSED THE BLOODBATH IN THE ABSENCE OF ANY LOCAL OR GLOBAL TRIGGERS THAT COULD LIFT SENTIMENTS. THE MARKET BREADTH WAS AWFULLY BAD COMPARED TO ANY OTHER DAY IN THE RECENT PAST. THE HIGH BETA, REAL ESTATE STOCKS ONCE AGAIN LANGUISHED AT THE BOTTOM OF THE SECTORAL LIST AFTER TUMBLING AROUND FIVE PERCENT, MAJORS LIKE HDIL AND DLF REMAINED THE BIGGEST LAGGARDS IN THE SPACE AFTER DRIFTING 10.06% AND 7.02% IN A SINGLE DAY. THE CONSUMER DURABLE COUNTER TOO WITNESSED HUGE PROFIT BOOKING AS IT SHAVED OFF 3.91% WITH THE LIKES OF BLUE STAR AND WHIRLPOOL SLIDING DEEPER INTO THE RED WITH 11.61% AND 5.73% LOSSES RESPECTIVELY.

TODAY, MARKETS WOULD OPEN NEGATIVE BUT MAY TAKE SUPPORT AT LOWER LEVELS AS SPECIFIED BELOW. IF NIFTY TRADES BELOW 5500 THEN LIKELY TO COME DOWN TO 5442 AND THEN TO 5407 LEVELS AND ANY BREAK BELOW THIS POINT WOULD TAKE NIFTY TO 5370 LEVELS WHERE NIFTY WOULD TAKE GREATER SUPPORT AND MAY LIKELY TO INCLINE FROM THERE ON BUT ANY BREAK AND CLOSE BELOW THIS LEVEL WOULD DRAG NIFTY TO 5200 LEVELS. THE BIGGEST MATTER OF CONCERN IN THE MARKET IS THE INDICES HAVE FALLEN LIKE A HOUSE OF CARDS IN THE LAST TWO SESSIONS OF TRADE AND THAT TOO ON HIGH VOLUMES. ON THE FLIP SIDE IF NIFTY TRADES ABOVE 5550 THEN LIKELY TO MOVE UP TO 5611 LEVELS AND BREAK ABOVE THIS LEVEL WOULD TAKE NIFTY WOULD BE ON THE POSITIVE TRACK, ONE SHOULD SEE UNLESS THERE IS SOME KIND OF SUPPORT TAKING AT THE BOTTOM IT IS ADVISED TO BE VERY CAUTIOUS IN THE MARKET AS THE INTENSITY OF SELL-OFF IN THE MARKET IS HUGE. TRY TO AVOID BUYING COMPLETELY AS LONG AS NIFTY TRADES ABOVE 5611.

STAY CAUTIOUS IN THE MARKET LIKELY TO COME DOWN TO 5200 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 4600 LEVELS SO STAY CAUTIOUS

INTRADAY TIPS FOR 28 JANUARY 2011

GOOD MORNING!!!

IT TURNED OUT TO BE ANOTHER PATHETIC TRADING SESSION FOR THE INDIAN STOCK INDICES WHICH GOT CLOBBERED OUT OF SHAPE BY AROUND ONE AND HALF A PERCENTAGE POINTS ON THE EXPIRY DAY OF JANUARY F&O SERIES. THE BULLS REMAINED UNDER COVERS ALL THROUGH THE DAY AS BEARS PARTIED HARDER AFTER THE MINISTRY OF COMMERCE AND INDUSTRY RELEASED THE DISAPPOINTING FOOD INFLATION NUMBERS WHICH STAYED ABSOLUTELY FLAT AT 15.57% ON ANNUAL BASIS DURING WEEK-ENDED JAN 15 COMPARED WITH 15.53% RECORDED IN THE PREVIOUS WEEK. INITIALLY MARKETS GOT OFF TO AN OPTIMISTIC NOTE TRACKING THE ASIAN INDICES WHICH TRADED MOSTLY IN THE GREEN AS SENTIMENTS REMAINED OPTIMISTIC ON THE BACK OF THE US FEDERAL RESERVE'S STATEMENT THAT IT WILL CONTINUE TO TAKE EFFORTS TO SUPPORT THE ECONOMIC GROWTH ALONG WITH THE BETTER THAN EXPECTED US' NEW-HOME SALES DATA. HOWEVER, THE FRONTLINE INDICES FAILED TO CAPITALIZE ON THE INITIAL MOMENTUM AND DRIFTED INTO THE NEGATIVE ZONE AND DETERIORATED FURTHER AS THE DAY PASSED BY. HOWEVER, THE INDICES GYRATED IN A NARROW RANGE THROUGH THE FIRST HALF AND HUGE BOUTS OF PROFIT TAKING WAS WITNESSED IN THE LATE SECOND HALF OF THE SESSION ENSURING THAT THE BOURSES GO HOME WITH LARGE CUTS OF AROUND ONE AND HALF A PERCENT IN THE ABSENCE OF ANY SHORT COVERING IN LATE TRADE. MARKET BREADTH REMAINED WEAK THROUGHOUT THE DAY, ON THE SECTORAL FRONT THE MAJOR LOOSERS WERE REAL ESTATE AND PHARMA LOOSING 3.5% AND 2.61%. ALL THE SECTORAL INDICES WERE TRADING IN RED BY THE CLOSE OF THE TRADE.

TODAY MARKETS LOOKS FLAT AND TO REMAIN NARROWLY RANGE BOUND IF NIFTY TRADES BELOW 5597 THEN LIKELY TO MAKE ITS DOWNWARD JOURNEY TO 5540 LEVELS AND 5500 ANY BREACH AND CLOSE BELOW 5597 WOULD DRAG NIFTY TO 5400 AND THERE AFTER TO 5200 LEVELS. ON THE FLIP SIDE AS LONG AS NIFTY TRADES ABOVE 5597 WE CAN SEE NIFTY TO MOVE UP TO 5646 AND THEN TO 5692 LEVELS IN THE NEAR TERM 5765 WOULD BE A MAJOR RESISTANCE. IF NIFTY TRADES ABOVE ANYWHERE ABOVE 5597 IS ONLY BUY ON INTRADAY AND NOT ON POSITIONAL AND ONCE NIFTY BREACHES 5597 AND TRADES STAY AWAY FROM LONGS. ON THE POSITIONAL FRONT WE ARE IN A VERY NEGATIVE ZONE THOUGH 5597 IS A CRUCIAL SUPPORT AND WE ARE HOVERING AT THE SAME PLACE SO ONE IS CAUTIONED ON THIS ON THE LONG SIDE IF NIFTY TRADES ABOVE 5750 WE CANT AFFORD TO HOLD ANY LONG POSITIONS IN NIFTY, BETTER TO DRIVE OURSELF WITH THE TREND.

BUY NATIONAL ALUMINIUM SL 390 TGT 396/400/405
SELL BRFL BELOW 240 SL 243.6 TGT 234/228/222/216 (SHORT TERM)

INTRADAY TIPS FOR 27 JANUARY 2011

GOOD MORNING!!!

MARKETS STARTED THE DAY ON AN OPTIMISTIC NOTE TRACKING THE ASIAN PEERS WHICH TRADED MOSTLY IN THE GREEN FOLLOWING THE UPBEAT OVERNIGHT CUES FROM THE WALL STREET WHERE COMPANIES POSTED BETTER THAN EXPECTED EARNINGS REPORTS ALONG WITH SOME TAKEOVER AND SHARE BUYBACK ANNOUNCEMENTS. THE FRONTLINE INDICES MANAGED TO BUILD ON TO THE EARLY GAINS IN THE FIRST HALF OF TRADE AS THEY TOUCHED THE INTRADAY HIGH LEVEL AND MAINTAINED ALMOST TILL THE RBI POLICY WAS ANNOUNCED SOONER THE RBI’S KEY INTEREST RATE HIKE BY 25 BASIS POINTS WAS ANNOUNCED INDICES MADE A NEW INTRADAY HIGH BUT AFTER SOMETIME MARKETS STARTED DRIFTING LOWER TO THE LOW POINT OF THE DAY IN THE DYING MINUTES AND SHUT INDICES WITH CUTS OF AROUND A PERCENT. VOLUMES FOR MARKETS STAYED SUBSTANTIALLY HIGHER THAN THE PREVIOUS DAY. THE MARKET BREADTH COMPLETELY CHANGED 180 DEGREES FROM THE MORNING SESSION FROM POSITIVE TO VERY NEGATIVE. THE RATE-SENSITIVE BANKING, REALTY AND AUTO STOCKS REMAINED HIGHLY UNSTABLE ON THE BOURSES AND THEY DID A BULK OF THE DAMAGE

TODAY MARKETS WOULD TRADE ON A HIGHLY VOLATILE NOTE AHEAD OF EXPIRY OF CONTRACT OF JANUARY. IF NIFTY TRADE BELOW 5676 THEN LIKELY TO COME DOWN TO 5650 LEVELS AND ANY BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 5619 LEVELS ANY CLOSE BELOW 5600 WOULD TAKE NIFTY TO 5400 IN A VERY SHORT TIME IN THE DAYS AHEAD BE VERY CAUTIOUS ON POSITIONAL FRONT, AS LONG AS NIFTY TRADES ABOVE 5600 THEN THERE IS EVERY POSSIBILITY FOR NIFTY TO BOUNCE BACK. ON THE POSITIVE NOTE IF NIFTY TRADES ABOVE 5700 THEN LIKELY TO MAKE AN UPMOVE TO 5738 LEVELS AND BREAK ABOVE THIS POINT WOULD TAKE IT TO 5760 LEVELS. MARKETS WOULD CLOSE AROUND 5700 LEVELS TO THE MAXIMUM. THERE WOULD BE VERY ERRATIC MOVEMENTS IN THE MARKETS, SO DON’T GET TRAPPED ON INTRADAY FRONT STAY CAUTIOUS.

INTRADAY TIPS FOR 25 JANUARY 2011

GOOD MORNING!!!

THE INDICES STARTED THE DAY IN THE GREEN ZONE WHICH GOT ITS STRENGTH FROM THE ASIAN MARKETS WHICH WERE TRADING ON GREEN. THE FRONTLINE INDICES MANAGED TO GRADUALLY GAIN TRACTION IN THE FIRST HALF OF TRADE AS THEY TOUCHED THE INTRADAY HIGHS OF THE DAY. HOWEVER THE INDICES CAME OFF THE DAY’S HIGH AS INVESTORS SQUARED SOME POSITIONS IN THE AFTERNOON TRADE. THE BOURSES EVENTUALLY MANAGED TO HOLD ON TO THE GAINS IN THE DYING HOURS AND CLOSED WITH GAINS. THE MARKET BREADTH WAS POSITIVE BUT THE VOLUMES WERE LOWER COMPARED TO PREVIOUS DAYS. BANKING WAS THE BIGGEST GAINER IN THE LAST DAY AS INVESTORS SHOWED HUGE BUYING INTERESTS IN BANKING SHARES, A DAY AHEAD OF THE RBI MONETARY POLICY REVIEW WHICH HEADS FOR THE MOST DIFFICULT MONETARY POLICY REVIEW IN THE POST GLOBAL FINANCIAL CRISIS PERIOD. INVESTORS REMAINED SANGUINE ON THE BACK OF ENCOURAGING THIRD QUARTER EARNINGS POSTED BY HEAVY WEIGHTS STATE BANK OF INDIA AND ICICI BANK.

TODAY NIFTY WOULD OPEN IN GREEN TRACKING THE TWO AND HALF MONTH HIGH ON US INDICES AND POSITIVE OPENING OF ASIAN MARKETS. IF NIFTY TRADES ABOVE 5765 THEN LIKELY TO MAKE AN UPMOVE TO 5800 AS THIS BEING PSYCHOLOGICAL RESISTANCE, NIFTY MAY FACE TOUGH RESISTANCE AROUND 5765 LEVELS. IF NIFTY CLOSES ABOVE 5765 LEVELS THEN WE CAN SEE NIFTY TO TOUCH 5835 LEVELS. ON THE FLIP SIDE IF NIFTY TRADES BELOW 5738 LEVELS WE CAN SEE NIFTY TO DRIFT DOWN TO 5697 LEVELS AND THEN TO 5665 LEVELS AND ANY BREAK BELOW THIS LEVEL WOULD DRAG FURTHER DOWNSIDE TO 5620 ONE SHOULD REMEMBER THAT ANY CLOSE BELOW 5600 ANYDAY WOULD TAKE NIFTY TO 5200 LEVELS. STAY CAUTIOUS AHEAD OF EXPIRY AND TOMORROW BEING HOLIDAY WE MAY SEE LOT OF ROUGH VOLATILITY IN THE TRADE STAY VERY CAUTIOUS UNTIL THE MONETARY POLICY IS OUT IT IS WISE NOT TO HOLD TOO MANY LONG POSITIONS.

BUY BANK NIFTY SL 11125 TGT 11242/11300/11340
STRADDLE
BUY NIFTY PE 5800 AND 5800 CE BOTH TOGETHER AT 50 RUPEES.
RISKY TRADES CAN BUY NIFTY 5800 PE IN THE OPENING

INTRADAY TIPS FOR 24 JANUARY 2010

GOOD MORNING!!!

THE INDICES GOT A WEAK START TRACKING THE ASIAN MARKETS. THE BENCHMARKS CONTINUED TO TRADE IN THE RED FOR MOST PART OF THE TRADE AS WEAKER THAN EXPECTED EARNINGS REPORT BY HEAVYWEIGHTS WEIGHED ON SENTIMENTS. AFTER STAYING IN THE RED FOR ALMOST THE WHOLE FIRST HALF, THE FRONTLINE INDICES BOUNCED BACK INTO POSITIVE TERRITORY IN EARLY AFTERNOON TRADES BUT FAILED TO HOLD ON TO THE GAINS. THE SECOND HALF SAW THE BENCHMARKS TOUCH LOWEST POINT OF THE DAY HOWEVER, MANAGED TO PARE SOME OF THE LOSSES IN THE DYING HOURS ON THE BACK OF SOME FRESH BUYING IN OIL AND GAS AND BANKING STOCKS. IT REMAINED A CHOPPY DAY OF TRADE WITH THE NARROW RANGE. THE IT INDEX DOWN 1.29%, SUFFERED THE MOST THIS FRIDAY AS SENTIMENTS TURNED PESSIMISTIC AFTER IT MAJOR WIPRO PLUMMETED 4.59% ON REPORTING WEAKER THAN EXPECTED NUMBERS. WHILE ANOTHER SET OF BELOW EXPECTED NUMBERS CAME FROM REALTY MAJOR HCC AND IT LOST 1.35%. HOWEVER, THE DOWN TREND WAS CAPPED DUE TO BUYING IN THE OIL AND GAS COUNTER AS IT GAINED 0.78%, BEING THE LEADER IN THE SPACE. WHILE THE INTEREST RATE SENSITIVE, BANKING COUNTER TOO GAINED 0.77% AS BANK OF INDIA SURGED 6.50% ON REGISTERING 61% GROWTH IN ITS Q3 NET PROFITS.

TODAY MARKETS LOOK POSITIVE TRACKING ASIAN INDICES WHICH HAVE OPENED POSITIVE. TODAY WE MAY SEE NIFTY TO MOVE UP ON BUYING INTEREST NOT ONLY ON POSITIVE OUTLOOK BUT ALSO ON POSITIVE QUARTER RESULTS ON MANY FRONTLINE STOCKS. IF NIFTY TRADES ABOVE 5715 THEN LIKELY TO MAKE AN UPMOVE TO 5740 LEVELS AND ANY BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5765 LEVELS AND ANY BREAK AND CLOSE ABOVE THIS POINT WOULD TAKE NIFTY TO 5800 LEVELS AND ON THE FLIP SIDE IF NIFTY TRADES BELOW 5685 THEN LIKELY TO COME DOWN TO 5650 LEVELS AND ANY BREAK BELOW THIS LEVEL WE CAN SEE NIFTY TO SLIDE DOWN TO 5600 LEVELS AND ANY CLOSE BELOW 5600 WE CAN SEE NIFTY TO COME DOWN TO 5200 LEVELS UNTILL 5600 LEVEL IS HOLDING WE CAN SEE NIFTY TO TAKE SUPPORT AT THIS LEVEL. STAY CAUTIOUS AS FNO EXPIRY IS NEARING, WE MAY SEE LOT OF VOLATILITY.

BUY LIC SL 192 TGT 200/205/209
BUY SESAGOA SL 335 TGT 340/343.60/348.50
SELL ASHOK LEYLAND SL 59.50 TGT 58/57/55
SELL IDEA SL 69 TGT 68/67/66